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NAPA

Duckhorn Portfolio has revised its FY24 net sales forecast downwards from $420M-$427M to $395M-$411M, below the estimated $421.65M. Additionally, the company adjusted its EPS outlook from $0.67-$0.69 to $0.63-$0.65, compared to the estimated $0.67.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 10:01 pm

DOMO

Domo shares are trading lower following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 10:00 pm

BBAI

BigBear.ai Holdings Inc (NYSE:BBAI) reported Q4 financial results below analyst expectations, with a loss of 14 cents per share against an expected 5 cents and quarterly sales of $40.563 million versus the expected $42.755 million. The company also announced the completion of its acquisition of Pangiam Intermediate Holdings and an increase in its year-end cash balance to $32.6 million from $12.6 million the previous year. Looking forward, BigBear.ai projects FY 2024 revenue to be between $195 million and $215 million, inclusive of Pangiam's results post-acquisition. BBAI shares dropped 18.09% in after-hours trading to $3.08.

Portfolio Pulse from Erica Kollmann

March 07, 2024 | 10:00 pm

MKFG

Markforged Holding (NYSE:MKFG) reported Q4 2023 adjusted EPS of $(0.060), surpassing the $(0.070) estimate, with sales of $24.170M exceeding the $21.492M forecast. This represents an 18.62% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 10:00 pm

FNKO

Funko shares surged following the announcement of their Q4 financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 9:59 pm

GRND

Grindr's stock price increased following the announcement of a year-over-year rise in Q4 revenue results.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 9:59 pm

BBAI

BigBear.Ai's stock price declined following the announcement of disappointing Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 9:58 pm

ASLE

AerSale's shares dropped following the announcement of disappointing Q4 financial results, falling short of expectations.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 9:58 pm

BKCC

TCPC

BlackRock TCP Capital Corp. (TCPC) and BlackRock Capital Investment Corporation (BKCC) announced shareholder approval for their merger, with over 90% support. The merger aims to leverage combined scale for investing in middle market companies, enhancing BlackRock's BDC platform and private credit offerings. The merged entity will be a subsidiary of TCPC, which will continue trading under the ticker TCPC on the Nasdaq.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 9:57 pm

OPFI

OppFi (NYSE:OPFI) reported Q4 2023 adjusted EPS of $0.100, surpassing the $0.070 estimate, marking a 152.63% increase from the previous year. However, its sales of $132.924M fell short of the $135.433M estimate, though they were up 10.74% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 9:56 pm