Streetbeat News

Revenues

AMZN

GOOGL

Amazon's AWS is currently a better cloud investment than Google's GCP due to its market leadership and profitability. AWS holds a 31% market share and is expected to grow at 15% annually, while GCP has grown from 7.6% to 12% market share since 2017 and is projected to grow at 25%.

Portfolio Pulse from

November 12, 2024 | 12:30 pm

IHS

IHS Holding Limited reported strong financial results for Q3 2024, driven by robust demand in the communications infrastructure sector.

Portfolio Pulse from

November 12, 2024 | 12:30 pm

OPTN

Optinose reported its Q3 2024 financial results, highlighting a 3% increase in XHANCE net revenue compared to Q3 2023, reaching $20.4 million.

Portfolio Pulse from

November 12, 2024 | 12:15 pm

VNT

Vontier Corporation's Gilbarco Veeder-Root has secured a second significant tender with Indian Oil Corporation, valued at $15 million, for Veeder-Root branded products.

Portfolio Pulse from

November 12, 2024 | 12:15 pm

AIOT

Powerfleet reported strong financial results for Q2 FY25, with a 7% increase in revenue to $77 million and a 41% rise in Adjusted EBITDA to $14.5 million. The first half of FY25 also exceeded expectations, with revenue up 9% to $152.4 million and Adjusted EBITDA up 46% to $28.2 million.

Portfolio Pulse from

November 12, 2024 | 12:15 pm

CODA

Coda Octopus Group, Inc. has secured an order for fifteen F280® GNSS Aided Inertial Navigation Systems, valued at $576,000, for use in a foreign Navy program.

Portfolio Pulse from

November 12, 2024 | 12:15 pm

FONR

Fonar Corporation reported a 5% increase in MRI scan volume at HMCA-managed sites for Q1 of fiscal 2025, with a total of 53,054 scans. However, cash and cash equivalents decreased by 4% to $54.2 million as of September 30, 2024.

Portfolio Pulse from

November 12, 2024 | 12:15 pm

GENI

Genius Sports Limited (NYSE:GENI) reported better-than-expected third-quarter results and raised its full-year 2024 revenue and adjusted EBITDA growth outlook to 24% and 61%, respectively.

Portfolio Pulse from

November 12, 2024 | 12:15 pm

EVGO

EVgo Inc. reported record third quarter 2024 results with a 92% year-over-year revenue growth, reaching $67.5 million. The company will discuss these results in a conference call.

Portfolio Pulse from

November 12, 2024 | 12:15 pm

CANSF

Willow Biosciences reported record Q3 2024 revenue of $1.7 million and announced a new partnership in the biopesticides sector expected to generate over $2 million in its first year. The company also closed a $1.6 million financing round, signed a royalty agreement with Kalsec, and increased its 2024 revenue guidance to over $4.5 million.

Portfolio Pulse from

November 12, 2024 | 12:15 pm