Streetbeat News

Revenues

AMAT

Applied Mat (NASDAQ:AMAT) has significantly outperformed the market over the past 15 years, with an average annual return of 19.42%. A $100 investment in AMAT 15 years ago would now be worth $1,476.96, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 9:00 pm

MNDR

Mobile-health Network Solutions reported a fiscal year 2024 EPS of $(0.56) and revenue of $14 million.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:59 pm

MNDR

Mobile-health Network Solutions reported a correction in their FY24 revenue, which increased by $6.1 million to a total of $14 million.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:58 pm

TLRY

Tilray Brands CEO Irwin Simon discussed the company's growth strategies, focusing on profitability, U.S. market entry, and expansion in cannabis and beverage businesses. Despite challenges, Tilray reported record quarterly revenue and emphasized innovation and strategic growth.

Portfolio Pulse from Nicolás Jose Rodriguez

October 23, 2024 | 8:56 pm

LSBK

Lake Shore Savings Bank reported its Q3 2024 financial results, showing a total revenue of $6.2 million and a GAAP EPS of $0.24 per share, compared to $0.27 per share year-over-year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:54 pm

CVBF

CVB Financial reported Q3 2024 earnings per share of $0.37, surpassing the analyst estimate of $0.35. The company's sales were $126.40 million, exceeding the expected $114.78 million, despite an 8.19% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:52 pm

PAG

Penske Automotive Group (NYSE:PAG) is acquiring an additional Porsche dealership in Melbourne, Australia, expected to add $130M in annualized revenue. This acquisition will bring the total estimated annualized revenue for their three Porsche dealerships in Melbourne to $260M.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:49 pm

MNDR

Mobile-health Network Solutions reported a 77% year-over-year increase in FY24 revenue, reaching $6.1 million.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:46 pm

IBM

IBM reported Q3 earnings with a 1% increase in total revenue, driven by a 10% rise in software revenue, while consulting revenue remained flat and infrastructure revenue fell by 7%. The company missed revenue estimates and reported a loss from continuing operations. IBM's AI business showed strong momentum, and the company expects continued revenue growth and significant free cash flow in Q4.

Portfolio Pulse from Adam Eckert

October 23, 2024 | 8:44 pm

SPY

TLT

The 30-year U.S. Treasury yield has surpassed 4.50%, causing concern in global markets. The iShares 20+ Year Treasury Bond ETF (TLT) and SPDR S&P 500 ETF Trust (SPY) have both declined, reflecting investor apprehension over fiscal policies and inflation. The IMF has issued a pessimistic fiscal forecast for the U.S., predicting a budget deficit of 7.6% of GDP in 2024.

Portfolio Pulse from Piero Cingari

October 23, 2024 | 8:40 pm