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TerrAscend Corp. reported Q3 2023 financial results, with net revenue of $89.2M, a 23.7% sequential increase, and adjusted EBITDA of $24.2M, an 89% sequential increase. The company also reported a gross profit margin of 53.6% and a GAAP net loss from continuing operations of $8.4M. The company's free cash flow from continuing operations was $7.7M. The company's shares were trading down at 1.53% at $1.61 per share post-market closing on Thursday.

Portfolio Pulse from Joana Scopel

November 09, 2023 | 11:27 pm

BTCUSD

ETHUSD

Ethereum's price crossed the $2,000 mark for the first time since July 2023 after BlackRock Advisors registered an iShares Ethereum Trust in Delaware. The price increase was accompanied by a surge in trading volume of 259% and a market cap increase of over 10%. This comes as the SEC opens the window to issue approval orders for all 12 spot Bitcoin ETF applications. The global crypto market capitalization stands at $1.38 trillion, a 2.3% increase from the previous day.

Portfolio Pulse from Khyathi Dalal

November 09, 2023 | 11:10 pm

OUST

Ouster, a leading provider of high-resolution lidar sensors, has projected its Q4 2023 revenue to be between $23M and $25M, which is lower than the estimated $25.63M.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 11:08 pm

CLPT

ClearPoint Neuro has projected its FY23 revenue to be between $23M-$25M, which is lower than the estimated $25.9M.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 11:06 pm

BRCC

Black Rifle Coffee Company (BRC) has announced that it will not meet its previously issued guidance range for Gross Margin due to nonrecurring non-cash losses related to its plan to adjust its Ready-To-Drink (RTD) inventory.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 11:06 pm

TELA

TELA Bio has projected its FY23 revenue to be between $57M and $60M, which is lower than the estimated $61.64M.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 11:05 pm

UGRO

urban-gro has projected its Q4 2023 revenue to be around $30M, which is lower than the estimated $32.11M.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 11:01 pm

BRLT

Brilliant Earth has projected its net sales for 2023 to be between $444M and $450M, which is lower than the estimated $480.46M.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 10:59 pm

OPFI

OppFi has projected its FY23 adjusted EPS to be between $0.47 and $0.49, higher than the estimated $0.39. The company also expects its revenue to range from $500M to $520M, compared to the estimated $510.71M.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 10:56 pm

XOS

Xos, a manufacturer of electric vehicles, has maintained its 2023 outlook, expecting to deliver between 250 and 350 units, with revenues projected to be between $36.3M and $54.7M.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 10:56 pm