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GP

GreenPower Motor Company has delivered three BEAST all-electric school buses to its exclusive dealer Creative Bus Sales (CBS) and is preparing for additional orders. CBS has over 40 Type D BEAST and Type A Nano BEAST school buses with approved or pending HVIP voucher funding.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 12:37 pm

EBAY

eBay has expanded its Authenticity Guarantee to streetwear, covering items sold for $200+ from brands like Aimé Leon Dore, KITH, Off-White, and Stone Island. The service will expand to include brands like adidas, Nike, Gucci, and Louis Vuitton by the end of September. eBay's luxury categories have experienced double-digit annualized growth from Q4 2019 to Q4 2022.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 12:19 pm

CPRX

Catalyst Pharmaceuticals (CPRX) reaffirms its full-year 2023 financial guidance, forecasting total revenues between $375 million and $385 million, representing a 75%-80% increase compared to 2022. FIRDAPSE net product revenues are expected to be between $245 million and $255 million, while FYCOMPA net product revenues are forecasted at approximately $130 million.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 12:18 pm

DZSI

DZS (NASDAQ:DZSI) will restate its Q1 2023 financial statements due to timing of revenue recognition for two customer projects, worth approximately $15 million. The company has also lowered its FY23 revenue outlook from $400 million to $370 million.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 12:13 pm

SPCB

SuperCom's subsidiary, Leaders in Community Alternatives (LCA), has expanded its contractual agreements with multiple long-term clients in California, resulting in over $500,000 in additional annual recurring revenue. This expansion highlights the company's commitment to growing its market presence across the US.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 12:08 pm

SYTA

Siyata Mobile has received a $1.2 million order to provide in-vehicle devices and video monitoring for an EMS organization. This deal is expected to boost the company's revenues and strengthen its position in the emergency services market.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 12:04 pm

IWINF

Irwin Naturals reported Q1 FY23 revenue of $22.5 million, down 0.4% from Q1 2022. The company experienced a net loss of $7.7 million, including $6.5 million of impairment charges related to 2022 acquisitions. Adjusted EBITDA was negative $880,000. Irwin Naturals launched its first products in the cannabis market and signed ten brand licensing deals.

Portfolio Pulse from Vuk Zdinjak

June 01, 2023 | 12:02 pm

WKSP

Worksport Ltd (NASDAQ:WKSP) has launched the SC4 PRO soft-folding tonneau cover, expanding its product line and revenue opportunities. The SC4 PRO will be available through multiple distribution channels, including Amazon, Walmart, and the Company's E-commerce platform.

Portfolio Pulse from Anusuya Lahiri

June 01, 2023 | 12:01 pm

CAL

Caleres reiterates its FY23 adjusted EPS outlook of $4.10-$4.30, in line with the $4.17 estimate, but cuts its revenue outlook to $2.82B-$2.88B, down from the prior $2.97B-$3.03B and below the $2.98B estimate. Q2 adjusted EPS is expected to be $0.87-$0.92.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 11:54 am

AEHR

Aehr Test Systems has reported a new customer and an initial order for its FOX-XP multi-wafer test and burn-in system for volume production of silicon carbide MOSFETs. Aehr has also signed a long-term supply agreement with the customer, a multinational industrial conglomerate and semiconductor manufacturer.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 11:40 am