Streetbeat News

Revenues

PBI

Pitney Bowes (PBI) has been awarded a $7.4 million contract by the U.S. Navy for package distribution services.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 1:05 pm

MARK

Remark AI has secured a $6M, 30-month recurring revenue subscription contract to provide Rio de Janeiro police cars with license plate and mobile facial recognition capabilities.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 1:03 pm

VZ

Verizon has won a $145.7 million digital modernization contract with USPS, which includes infrastructure upgrades, transitioning to cloud solutions, and reducing operational costs.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 1:01 pm

SPY

U.S. Redbook Retail Sales reported a year-over-year increase of 1.2% for the week ending May 27.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 12:56 pm

CNTMF

Cansortium Inc. reported Q1 2023 revenue of $22.1 million, a 12% increase compared to Q1 2022. Gross profit rose to $7.5 million, net loss decreased to $7.4 million, and adjusted EBITDA increased 56% to $9.7 million. The company had $9.5 million in cash and cash equivalents and $57.9 million of total debt.

Portfolio Pulse from Vuk Zdinjak

May 31, 2023 | 12:43 pm

WFC

Wells Fargo CEO Charles Scharf expects to see continuing growth in the credit card segment, according to a Reuters report.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 12:34 pm

WFC

Wells Fargo CEO stated at the Bernstein Conference that the bank expects to maintain control of its net expenses and is focusing on diversifying its trading business.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 12:32 pm

BZAMF

BZAM Ltd. reported Q1 2023 net revenues of $17.7 million, up 127.9% YoY, but gross profit decreased 46.9% to $3 million. The company plans to improve margins and reduce SG&A, expecting to generate about CA$2.5 million in annual savings. BZAM also aims to launch 20 new products in Canada and expand into the UK market.

Portfolio Pulse from Vuk Zdinjak

May 31, 2023 | 12:10 pm

AWH

Aspira Women's Health (NASDAQ: AWH) announced the publication of three abstracts supporting the clinical utility of OvaWatch, an ovarian cancer risk assessment test, at the 2023 American Society of Clinical Oncology Meeting. The abstracts confirm OvaWatch as an industry-leading test that can safely reduce premature surgeries in the management of adnexal masses.

Portfolio Pulse from Happy Mohamed

May 31, 2023 | 12:04 pm

VERI

Veritone is set to acquire Broadbean for $52 million in cash. The acquisition is expected to generate annualized SaaS revenues of over $35 million.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 12:03 pm