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NPWR

NET Power Inc. (NYSE:NPWR) reported its Q4 and year-end 2023 results, highlighting significant progress in its projects and strategic partnerships. The company ended 2023 with approximately $637M in cash and short-term investments, with no debt. Key developments include advancing the Project Permian in West Texas, signing agreements with Baker Hughes and Lummus Technology, and planning for equipment validation campaigns. NET Power also completed a business combination with Rice Acquisition Corp. II, becoming publicly listed on the NYSE in June 2023.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 8:11 pm

IVV

SPY

VOO

Bank of America analysts have raised the S&P 500's one-year price target from 5000 to 5400, expecting a 13% yield in the next 12 months despite concerns of a potential market bubble. Analyst Savita Subramanian argues that current market conditions resemble those of the mid-90s rather than a bubble, citing neutral U.S. equity sentiment and the nascent state of tech subsectors like AI. The S&P 500's performance is tracked by ETFs such as SPY, VOO, and IVV.

Portfolio Pulse from Natan Ponieman

March 11, 2024 | 8:10 pm

CURO

Shares of CURO Group Holdings have been halted pending the release of news. This action typically indicates significant upcoming announcements that could impact the company's stock price.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 8:10 pm

CTMX

CytomX Therapeutics (NASDAQ:CTMX) reported Q4 earnings with a significant beat on estimated earnings, posting an EPS of $0.01 against an estimate of -$0.03. Revenue increased by $25.66 million from the same period last year. Despite beating EPS estimates in the past, such as a $0.23 beat in Q3 2023, the share price dropped by 2.0% the following day.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 8:10 pm

TKNO

Alpha Teknova (NASDAQ:TKNO) reported Q4 earnings with an EPS of $-0.26, missing estimates by -8.0% and a revenue decrease of $24 thousand from the previous year. The company has a history of missing EPS estimates, which previously led to a 3.0% share price drop.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 8:10 pm

MTN

Vail Resorts has announced a reduction in their fiscal 2024 guidance due to underperformance in the current season. However, they anticipate improved performance for the remainder of the season, with an expected shift in visitation patterns into March and April.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 8:07 pm

BWMN

Bowman Consulting Group (BWMN) reported Q4 2023 adjusted EPS of $0.31, surpassing the $(0.07) estimate, with sales of $93M beating the $90.662M estimate, marking a 23% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 8:07 pm

CTMX

CytomX Therapeutics (NASDAQ:CTMX) reported Q4 2023 earnings of $0.01 per share, surpassing the $(0.03) estimate, with sales of $26.607M beating the $21.043M estimate, marking a 2.71K% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 8:07 pm

MTN

Vail Resorts (NYSE:MTN) reported Q2 earnings of $5.76 per share, missing the consensus estimate of $5.98, and sales of $1.08B, missing the estimate of $1.15B. This represents an earnings increase of 11.63% and a sales decrease of 2.18% from the same period last year.

Portfolio Pulse from Happy Mohamed

March 11, 2024 | 8:06 pm

ASRT

Assertio Holdings (NASDAQ:ASRT) reported Q4 earnings with an EPS of $0.11, surpassing the estimated -$0.02 by 650%. However, revenue decreased by $17.37 million compared to the same period last year. The company had previously missed EPS estimates in Q3 2023, leading to a 43% drop in share price the following day. This performance contrasts with past quarters where ASRT had mixed results in terms of meeting EPS and revenue estimates.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 8:05 pm