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JBLU

JetBlue Airways has updated its Q4 adjusted EPS loss forecast to a range of ($0.35)-($0.25), an improvement from the previous estimate of ($0.55)-($0.35). The airline also improved its full-year 2023 adjusted EPS loss guidance to ($0.50)-($0.40) from the earlier range of ($0.65)-($0.45).

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 12:08 pm

ETNB

89bio, Inc. has announced the pricing of its upsized underwritten public offering of 15,135,135 shares at a price of $9.25 per share. This follows a previous announcement about the public offering.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 12:08 pm

JBLU

JetBlue has updated its Q4 revenue decline forecast to (7.0%)-(4.0%) from the previous (10.5%)-(6.5%). Additionally, the company has revised its FY23 revenue growth projection to 4.0%-5.0%, an improvement from the prior estimate of 3.0%-5.0%.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 12:07 pm

REGN

Regeneron Pharmaceuticals announced that its LINKER-MM1 trial of Linvoseltamab showed high rates of deep and durable responses in patients with relapsed/refractory multiple myeloma, meeting the primary endpoint.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 12:04 pm

ONCY

Oncolytics Biotech has presented additional translational data from the AWARE-1 Breast Cancer Window-Of-Opportunity study, which was conducted in combination with SOLTI-Innovative Cancer Research. The data could potentially influence the company's stock as it reflects ongoing research and development efforts in the field of cancer treatment.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 12:04 pm

WVE

Wave Life Sciences has priced a public offering of 20 million shares at $5 per share. This move is aimed at raising capital, potentially for research, development, and corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 12:04 pm

JBLU

JetBlue reports that demand for travel continues to be strong, with bookings since late October exceeding expectations for both holiday peak times and regular travel periods.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 12:03 pm

CIEN

Ciena Corporation (NYSE:CIEN) reported Q4 adjusted earnings of $0.75 per share, surpassing the consensus estimate of $0.69, and marking a 22.95% increase from the previous year. Quarterly sales reached $1.13 billion, exceeding the $1.09 billion estimate and showing a 16.27% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 12:03 pm

MEI

Methode Electronics (NYSE:MEI) reported Q2 adjusted earnings of $0.06 per share, missing the consensus estimate of $0.12 by 50%. Quarterly sales were $288.00M, falling short of the $292.82M estimate and marking an 8.83% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 12:02 pm

LQDT

Liquidity Services reported an 11% year-over-year increase in Q4 GMV to $315.6 million. The GovDeals segment saw a 14% rise due to more vehicle availability, while the RSCG segment grew 18% setting a record, driven by new client programs. The CAG segment, however, decreased by 4%.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 12:01 pm