Streetbeat News

Revenues

NIO

NIO delivered 6,155 vehicles in May 2023, a decrease from 6,658 vehicles in April 2023. The deliveries included 2,396 premium smart electric SUVs and 3,759 premium smart electric sedans, bringing cumulative deliveries to 333,410 as of May 31, 2023.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 9:39 am

XPEV

XPeng announced the delivery of 7,506 smart EVs in May 2023, with a substantial increase in P7i deliveries compared to the previous month. The company plans to further accelerate P7i deliveries in June.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 9:31 am

TRSSF

TerrAscend Corp. (OTC:TRSSF) has partnered with Dablicator, a California-based cannabis hardware manufacturer, to participate in Dablicator's Oil Applicator Brand Partner Program. This partnership will expand the reach of TerrAscend's in-house brands, such as Gage Cannabis, Kind Tree, and Ilera Healthcare.

Portfolio Pulse from Javier Hasse

May 31, 2023 | 11:00 pm

AI

C3.ai Inc (NYSE:AI) reported Q4 revenue of $72.4 million, beating the Street estimate of $71.3 million, and a loss of 13 cents per share, compared to the consensus estimate of a loss of 17 cents per share. The company provided guidance for Q1 revenue between $70 million and $72.5 million and full-year revenue between $295 million and $320 million.

Portfolio Pulse from Chris Katje

May 31, 2023 | 9:20 pm

AI

C3.ai forecasts Q1 2024 revenue to be between $70M and $72.5M, compared to the estimated $71.56M.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 8:58 pm

AAL

American Airlines CEO announced that the company anticipates record levels of revenue in Q2. This positive outlook is expected to boost investor confidence in the airline.

Portfolio Pulse from Happy Mohamed

May 31, 2023 | 8:39 pm

JWN

Nordstrom reported Q1 revenue of $3.18 billion, down 11.6% YoY but beating the consensus estimate of $3.12 billion. Adjusted EPS was 7 cents, surpassing the estimated loss of 8 cents per share. The company reaffirmed its full-year guidance and ended the quarter with $1.4 billion in liquidity.

Portfolio Pulse from Chris Katje

May 31, 2023 | 8:37 pm

BNED

Barnes & Noble Education's FY23 non-GAAP Adjusted EBITDA from continuing operations is below guidance due to lower than expected Q4 revenue and lower Q4 gross profits, caused by a shift from physical textbooks to lower-margin digital course materials.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 8:29 pm

CRDO

Credo Technology expects Q1 revenue to be between $33M-$35M, surpassing the estimated $31.44M.

Portfolio Pulse from Bill Haddad

May 31, 2023 | 8:21 pm

NCNO

NCino projects FY24 revenue to be between $474.0M and $478.5M.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 8:21 pm