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SEEL

Seelos Therapeutics, Inc. has announced the commencement of an underwritten public offering of its common stock and warrants. The offering includes a 45-day option for underwriters to purchase additional shares or warrants. The size and terms of the offering have not been disclosed, and its completion is subject to market conditions. The offering is made under an effective shelf registration statement and will be sold by Seelos. Titan Partners Group is the sole book-running manager for the offering.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 9:25 pm

HPE

Hewlett Packard (NYSE:HPE) reported Q4 earnings with an EPS of $0.52, beating estimates by 4.0% but with a revenue decrease of $520 million YoY. Last quarter's EPS beat resulted in a 3.09% share price increase the next day. Historical earnings data shows fluctuating performance over the past year.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 9:25 pm

MNTN

Everest Consolidator Acquisition Corporation received a notice from the NYSE for not filing its Q3 Form 10-Q on time, violating the Listing Rule. The company has six months to file and regain compliance, with a possible six-month extension. The delay was due to internal resource constraints and issues with the use of restricted funds. The company is working to complete the Form 10-Q and intends to file it as soon as possible.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 9:24 pm

WTER

The Alkaline Water Company Inc. received a deficiency letter from Nasdaq for not filing its Form 10-Q on time, which is an additional basis for potentially delisting its securities. The company has appealed to the Hearings Panel and is working to regain compliance. There is no assurance of maintaining its Nasdaq listing, and if delisted, the stock may trade on the OTC Markets Group.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 9:24 pm

JBL

Jabil Inc. has revised its revenue guidance for Q1, Q2, and the full fiscal year 2024 below analyst estimates, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 9:24 pm

FUV

Arcimoto, Inc. (FUV) received a notice from Nasdaq on November 22, 2023, for not filing its Q3 report on time, violating Nasdaq Listing Rule 5250(c)(1). The delay has no immediate effect on its stock's listing or trading, but continued delays could impact it. Arcimoto must submit a compliance plan by January 22, 2024, and file the overdue report by May 20, 2024. The company plans to file the report as soon as possible.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 9:22 pm

CPTK

Crown PropTech Acquisitions (CPTK) received a notice from the NYSE for not filing its Q3 Form 10-Q on time. The company has six months from November 20, 2023, to file and regain compliance. Failure to do so may lead to delisting proceedings. CPTK had filed a Form 12b-25 on November 14, 2023, indicating a delay but missed the extended deadline. The company is working to complete the review of its financial statements for accurate disclosure.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 9:21 pm

INTU

Intuit Inc (NASDAQ:INTU) reported a strong fiscal first-quarter with a 15% year-over-year revenue increase to $2.978 billion, surpassing the consensus estimate of $2.878 billion. Adjusted earnings were $2.47 per share, beating estimates of $1.98 per share. Notably, Small Business and Self-Employed Group revenue rose by 18%, Online Ecosystem revenue by 20%, while Credit Karma revenue declined by 5%. Consumer Group and ProTax Group revenues increased by 25% and 24%, respectively. Intuit confirmed its full-year 2024 revenue guidance of $15.89 billion to $16.105 billion and adjusted earnings expectations of $16.17 to $16.47 per share. Shares of Intuit rose 1.05% after hours to $571.

Portfolio Pulse from Adam Eckert

November 28, 2023 | 9:20 pm

AZEK

AZEK Co (NYSE:AZEK) reported Q4 earnings with an EPS of $0.36, beating estimates by 24.14% against the expected $0.29. Revenue increased by $84.18 million compared to the same period last year. The company's share price increased by 6.33% the day after last quarter's earnings beat.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 9:20 pm

JBL

Jabil Inc. has updated its FY24 core EPS guidance to $9, with expected revenue around $31 billion, which falls short of the estimated $33.7 billion.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 9:19 pm