Streetbeat News

Revenues

ALOT

AstroNova reported a decrease in Q2 adjusted EPS to $0.08 from $0.15 year-over-year, while sales increased to $40.54 million from $35.52 million.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 11:32 am

SDA

SunCar Technology reported a 27% revenue growth to $203.1 million in the first half of 2024, but also posted an EPS loss of $(0.67).

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 11:21 am

AAPL

Apple shares fell in premarket trading due to lower-than-expected iPhone 16 preorders, competition in China, and broader market concerns. Analyst Ming-Chi Kuo reported a 12.7% drop in preorders compared to the iPhone 15, citing weak demand for the Pro series and competition from Huawei.

Portfolio Pulse from Shanthi Rexaline

September 16, 2024 | 11:17 am

NBIX

VYGR

Voyager Therapeutics and Neurocrine Biosciences have selected a development candidate in their gene therapy program, triggering a $3 million milestone payment to Voyager. Voyager is eligible for further milestone payments and royalties under their collaboration agreement.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 11:16 am

GILT

DataPath, a subsidiary of Gilat Satellite Networks, has secured contracts worth over $5 million to support the US Department of Defense. The contracts involve sustainment and technical upgrades to Satellite Transportable Terminal units, enhancing military operations.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 11:06 am

EVAX

Evaxion Biotech reported promising one-year data from its Phase 2 trial of EVX-01, a personalized cancer vaccine. The trial showed a 69% overall response rate, with 15 out of 16 patients experiencing tumor reduction. The vaccine's targets triggered a strong immune response, indicating significant commercial potential for melanoma treatment.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 11:03 am

GLD

SPY

UUP

U.S. markets closed higher on September 13th, driven by optimism for a potential 50-basis point interest rate cut by the Federal Reserve. All S&P 500 sectors rose, with small-cap stocks outperforming. The Dow, S&P 500, and Nasdaq all saw gains. Meanwhile, the U.S. dollar weakened, and gold reached a new high.

Portfolio Pulse from Akanksha Bakshi

September 16, 2024 | 10:58 am

MOS

Mosaic's potash and phosphate operations faced significant challenges in Q3, including equipment failures and weather events, leading to reduced production and shipment volumes.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 10:34 am

ZDGE

Zedge, Inc. (NYSE:ZDGE) has announced a $5 million share buyback program following the completion of a previous $3 million buyback. The company is experiencing strong revenue growth and believes its stock is undervalued.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 10:33 am

ASIX

AdvanSix has received a $12 million grant from the U.S. Department of Agriculture to support its SUSTAIN initiative, aimed at expanding ammonium sulfate fertilizer production in Hopewell, VA.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 10:32 am