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STER

Sterling Check shares are trading higher following the announcement that the company will be acquired by First Advantage for around $2.2 billion, including outstanding debt.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:20 am

EVRI

Everi Holdings (EVRI) reported Q4 adjusted earnings of $0.30 per share, surpassing the $0.20 estimate by 50%, a 7.14% increase from last year. However, sales of $192M missed the $198.46M estimate by 3.26%, marking a 6.51% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:18 am

FA

First Advantage has issued its standalone guidance for 2024, projecting revenues between $750M-$800M, which is below the estimated $821.642M. The company also forecasts an adjusted EPS of $0.88-$0.98, lower than the estimated $1.08.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:18 am

FA

STER

First Advantage has agreed to acquire Sterling Check for $2.2 billion, including Sterling's outstanding debt. The deal includes $1.2 billion in cash and 27.15 million shares of First Advantage stock. Sterling shareholders can choose to receive $16.73 in cash or 0.979 shares of First Advantage stock per Sterling share. Entities affiliated with Goldman Sachs, owning 52.8% of Sterling, support the agreement.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:15 am

TCNNF

Trulieve Cannabis (OTC:TCNNF) reported Q4 earnings, beating estimated earnings by 25.0% with an EPS of $-0.12 versus an estimate of $-0.16. However, revenue was down $15.00 million from the same period last year. In the previous quarter, the company also beat EPS estimates which led to an 8.0% increase in share price the following day.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 11:15 am

GOLF

Acushnet Holdings (GOLF) reported Q4 losses of $(0.41) per share, missing the $(0.37) estimate, with sales of $412.96M also missing the $430.13M estimate. This represents a 7.70% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:13 am

SIX

Six Flags reported a 6% year-over-year increase in Q4 attendance to 4.3 million, with total guest spending per capita slightly down by 1% to $64.19. Total revenue for the quarter rose by 5% to $293 million, while the company experienced a net loss of $22 million, contrasting with a net income of $10 million in the same period last year. Adjusted EBITDA remained nearly flat.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:10 am

DOLE

Dole reported Q4 adjusted EPS of $0.16, surpassing the $0.07 estimate, marking a 128.57% beat and a 77.78% increase from last year's $0.09. However, their Q4 sales of $2.07B fell short of the $2.17B estimate, a 4.52% miss and a 12.05% decrease from the previous year's $2.36B.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:09 am

MNTX

Manitex International (NASDAQ:MNTX) reported Q4 adjusted EPS of $0.31, surpassing the $0.14 estimate, a 244.44% increase from last year's $0.09. Sales reached $78.65M, beating the $75M estimate but slightly down 0.21% from last year's $78.82M.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:08 am

HOOD

MSTR

Dogecoin (DOGE) experienced a 30% surge in the last 24 hours, reaching a price of $0.13 and a market cap of $18.3 billion, surpassing MicroStrategy and Robinhood in market capitalization. MicroStrategy's market cap is $16.34 billion, while Robinhood's is $13.95 billion. MicroStrategy recently invested in 3,000 Bitcoins, bringing its holdings to approximately 193,000 Bitcoins valued at around $11 billion. Dogecoin's futures open interest spiked by 54%, indicating a bullish sentiment among traders.

Portfolio Pulse from Mehab Qureshi

February 29, 2024 | 11:06 am