Streetbeat News

Revenues

AVAV

AeroVironment has been awarded a $54.9 million delivery order by the U.S. Army for the production of Switchblade loitering munition systems, with a potential contract ceiling of $743 million. This contract supports the U.S. Army and allied partners.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 1:17 pm

AUUD

AUUDW

Auddia Inc. has announced an increase in its 30-day user retention rate from 5% to 12% over the past year, surpassing its target of 10%. The company will now focus on optimizing subscription conversions to drive high-margin revenue.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 1:13 pm

BBAI

BigBear.ai shares rose after securing a five-year $165.15 million contract with the U.S. Army for Global Force Information Management Production Services.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 1:07 pm

GREE

Greenidge Generation Holdings reported preliminary Q3 revenue of $12.4 million and a total Bitcoin production of 167. The company also announced a significant reduction in SG&A expenses by approximately $9.1 million year-to-date.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 1:05 pm

BBAI

BigBear.ai has been awarded a 5-year, $165 million production contract by the US Army for the Global Force Information Management - Objective Environment project. This contract highlights BigBear.ai's capabilities in providing advanced data analytics and AI solutions to the military sector.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 1:02 pm

DAY

Analysts have shown a range of opinions on Dayforce (NYSE:DAY) with a mix of bullish and somewhat bullish ratings. Recent evaluations have led to increased price targets, reflecting positive sentiment. Despite strong revenue growth, Dayforce faces challenges with profitability and returns.

Portfolio Pulse from Benzinga Insights

October 14, 2024 | 1:00 pm

DUOL

Duolingo (NASDAQ:DUOL) has been evaluated by 11 analysts over the past three months, showing a range of sentiments from bullish to bearish. The average 12-month price target has increased by 6.38% to $274.18. Analysts have adjusted their ratings and price targets, reflecting positive market conditions and company performance. Duolingo has shown strong financial performance with a 40.59% revenue growth rate, a 13.66% net margin, and effective debt management.

Portfolio Pulse from Benzinga Insights

October 14, 2024 | 1:00 pm

PAY

Paymentus Holdings (NYSE:PAY) has received mixed analyst ratings over the past three months, with a majority being somewhat bullish. Analysts have raised their 12-month price targets, with an average target of $24.5, indicating a positive outlook. The company has shown strong revenue growth but faces challenges with net margin and return on equity.

Portfolio Pulse from Benzinga Insights

October 14, 2024 | 1:00 pm

BUSE

Analysts have mixed views on First Busey (NASDAQ:BUSE) with recent ratings showing a shift towards somewhat bullish sentiments. The average 12-month price target has increased to $30.2, indicating a positive outlook. Despite positive revenue growth, First Busey faces challenges with profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

October 14, 2024 | 1:00 pm

ERIC

Ericsson has secured a multi-billion dollar 5G equipment contract from Bharti Airtel, following a $3.6 billion deal with Vodafone Idea. These contracts are expected to aid Ericsson's revenue recovery after a significant decline in sales in Southeast Asia, Oceania, and India in Q2.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 12:59 pm