Streetbeat News

Revenues

CMGEF

CMGE Technology is expanding its global presence by acquiring international rights to 'The Legend of Sword and Fairy' from Softstar Entertainment. This move aims to offset domestic competition and capitalize on the success of 'Black Myth: Wukong'.

Portfolio Pulse from The Bamboo Works

September 26, 2024 | 1:10 pm

BTOC

Armlogi Holding reported a significant decline in its Q4 earnings per share (EPS) to $0.01 from $0.23 year-over-year, with sales also decreasing to $45.29 million from $48.08 million.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 1:07 pm

RAVE

Rave Restaurant Group reported a Q4 EPS of $0.06, an increase from $0.04 year-over-year, and revenue of $3.4 million, up from $3.1 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 1:06 pm

WDC

Analysts have mixed opinions on Western Digital (NASDAQ:WDC), with recent ratings showing a slight decrease in average price targets. The company's financial metrics reveal strong revenue growth and efficient asset utilization, but challenges in ROE and market capitalization. Analysts' ratings and price targets provide insights into Western Digital's market position.

Portfolio Pulse from Benzinga Insights

September 26, 2024 | 1:00 pm

SPAI

Safe Pro Group reported a significant increase in Q2 net revenue, reaching $642,989, up from $103,008 year-over-year.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:45 pm

LUV

Southwest Airlines (NYSE:LUV) shares rose in premarket trading after announcing a new $2.5 billion share repurchase program, replacing the previous one. The company expects revenue growth and cost savings, with plans to introduce assigned seating by 2026.

Portfolio Pulse from Nabaparna Bhattacharya

September 26, 2024 | 12:45 pm

USO

VGK

Russian Deputy PM Novak stated that oil and gas demand will not peak in the coming decades, with hydrocarbons continuing to dominate global energy demand.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:42 pm

KOPN

Kopin Corporation has received a $1.3 million follow-on order for its Emerald microdisplay module, supporting a major weapon sight program. This is part of an ongoing multi-year production program.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:38 pm

DIS

NFLX

Disney has laid off 300 employees across various corporate departments as part of cost management efforts. The company is focusing on investing in creativity and innovation while managing resources. Despite layoffs, Disney reported a 4% growth in fiscal Q3 2024 revenue, slightly beating analyst expectations. The company is also expanding its Disney+ paid sharing program and has made strategic creative appointments. Disney's stock has risen over 17% in the past year.

Portfolio Pulse from Anusuya Lahiri

September 26, 2024 | 12:35 pm

REBN

Reborn Coffee has announced a strategic joint venture with Gaingan Humantech to open three new locations in Bangkok, Thailand. This marks their sixth partnership in Southeast Asia, indicating a focus on expansion and new revenue streams.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:33 pm