Streetbeat News

Revenues

LOBO

LOBO EV Technologies reported a 49% year-over-year increase in revenue for the first half of the year, reaching $12.13 million.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 12:08 pm

STKH

Steakholder Foods Ltd. (NASDAQ:STKH) has received its first purchase order from Bondor Foods under a new commercial sales agreement. This marks the company's first revenue milestone for its alternative protein premixes in 2024.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 12:01 pm

BLFS

In the past three months, four analysts have rated BioLife Solutions (NASDAQ:BLFS), with a majority being bullish. The average 12-month price target has increased by 22.83% to $28.25. Despite positive analyst sentiment, BioLife faces financial challenges, including a decline in revenue and below-average profitability metrics.

Portfolio Pulse from Benzinga Insights

September 30, 2024 | 12:01 pm

ALIT

In the past three months, six analysts have provided ratings for Alight (NYSE:ALIT), with a mix of bullish and neutral perspectives. The average 12-month price target has decreased by 13.64% to $9.5. Alight faces challenges with a 4.1% revenue decline, but maintains a strong net margin.

Portfolio Pulse from Benzinga Insights

September 30, 2024 | 12:01 pm

ELF

e.l.f. Beauty (NYSE:ELF) has received mixed analyst ratings over the past three months, with a majority being bullish. The average 12-month price target has decreased by 4.44% to $212.67. Despite a smaller market capitalization, e.l.f. Beauty has shown strong financial performance with a 49.99% revenue growth rate, a 14.66% net margin, and a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

September 30, 2024 | 12:00 pm

F

GM

STLA

Stellantis NV (NYSE:STLA) stock is plunging due to revised fiscal 2024 guidance reflecting North American performance issues and global industry dynamics. The company now expects lower operating margins and negative cash flow. Auto rivals General Motors Co (NYSE:GM) and Ford Motor Co (NYSE:F) are also trading lower in sympathy.

Portfolio Pulse from Anusuya Lahiri

September 30, 2024 | 11:46 am

F

GM

STLA

Auto companies' shares are declining as Stellantis lowers its FY24 guidance, impacting the sector.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 11:42 am

STLA

Stellantis shares are experiencing a decline following the company's decision to lower its fiscal year 2024 guidance.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 11:41 am

PRME

Prime Medicine is focusing its pipeline on high-value programs and streamlining expenses. It is seeking partnerships for other programs and has received $110 million from Bristol Myers Squibb, extending its cash runway into 2026.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 11:16 am

EVGN

Lavie Bio, a subsidiary of Evogene, received a grant from the Israel Innovation Authority to advance its 'MicroFermentor' technology for delivering ag-biologicals. This technology aims to reduce costs and extend the viability of beneficial bacteria in agriculture.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 11:16 am