Streetbeat News

Stock Prices

SUAC

ShoulderUp Technology Acquisition Corp. (SUAC) has updated its estimated redemption price to approximately $10.55 per share, a decrease from the previously reported $10.63. This change is due to the net amount in the trust account, which is $43,839,754 as of November 9, 2023, after accounting for expected franchise and income taxes. The closing price of SUAC's common stock on November 9 was $10.65. Stockholders can still vote or change their vote for the upcoming Special Meeting, and those wishing to withdraw their redemption requests can do so before November 15, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 10:48 pm

AAME

Atlantic American Corporation (NASDAQ:AAME) reported a significant increase in Q3 earnings per share (EPS) to $0.08, up from a loss of $(0.04) in the same quarter last year. However, sales decreased by 3.78% to $44.59 million from $46.34 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 10:46 pm

NVGS

Navigator Holdings (NYSE:NVGS) reported Q3 earnings per share of $0.26, missing the consensus estimate of $0.29 by 10.34%. However, the company saw a significant increase of 766.67% in earnings compared to $0.03 per share from the same period last year. Sales for the quarter were $137.77M, surpassing the estimate of $122.07M by 12.86% and marking a 28.98% increase from last year's $106.81M.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 10:46 pm

TLLTF

TILT Holdings Inc. (OTCQB:TLLTF) reported a strong Q3 2023 with a 10% revenue increase to $44.6 million and a 20% reduction in operating expenses. The company saw a 44.8% improvement in net loss and a substantial increase in adjusted EBITDA to $2.2 million. Operational highlights include a sale of membership interests, a claim for employee retention credits, a brand partnership, and a fundraising partnership. CEO Tim Conder anticipates a delay in Q4 revenue due to Chinese New Year but expects growth in 2024. TLLTF's stock was down 18.42% at $0.031 per share.

Portfolio Pulse from Joana Scopel

November 13, 2023 | 10:45 pm

LUCD

Lucid Diagnostics (NASDAQ:LUCD) reported Q3 earnings with an EPS of $(0.22), surpassing the $(0.27) estimate, and sales of $783K, slightly beating the $780K estimate. This reflects a significant improvement from the same period last year, with a 21.43% decrease in losses per share and a 930.26% increase in sales.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 10:45 pm

SSY

SunLink Health Systems, Inc. (SSY) has agreed to sell Trace Regional Medical Center to Progressive Health Group, LLC for approximately $8M. The sale includes a hospital, skilled nursing facility, and three clinics. SunLink expects a pre-tax gain of $1.7M and will use the $7.5M proceeds for general corporate purposes. The sale is set to close on December 15, 2023, and will be reflected in the company's second fiscal quarter. Due to the sale, SunLink will delay its SEC filing of the 10-Q report for Q3 2023, using a Form 12b-25 to extend the deadline by five days.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 10:44 pm

ZOM

Zomedica (AMEX:ZOM) reported a narrower Q3 loss of $(0.00) per share compared to $(0.01) per share in the same quarter last year, an 80% improvement. However, Q3 sales of $6.35M fell short of the $8.28M analyst consensus, a 23.35% miss, despite being a 32.89% increase from $4.78M in the prior year.

Portfolio Pulse from mahesh@benzinga.com

November 13, 2023 | 10:36 pm

YMAB

Y-mAbs Therapeutics (NASDAQ:YMAB) reported Q3 earnings with an EPS of $(0.18), slightly better than the $(0.19) estimate, marking a 71.43% improvement from last year. However, sales of $19.95M fell short of the $20.93M estimate, despite being 59.16% higher than the previous year.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 10:34 pm

AEE

Ameren Corporation has announced a public offering of its common stock, aiming to raise up to $907.7 million. The offering is detailed in a filing with the SEC, which can provide investors with more specific information regarding the terms and conditions of the stock sale.

Portfolio Pulse from Charles Gross

November 13, 2023 | 10:32 pm

LICY

Li-Cycle Holdings Corp. (NYSE:LICY) reported Q3 earnings with an adjusted loss of 19 cents per share, better than the expected 24 cents loss. Revenue was $4.70 million, surpassing estimates of $2.99 million. The company has $137.4 million in cash and equivalents but reported an Adjusted EBITDA loss of $38.9 million. Li-Cycle is working with Moelis & Company LLC to explore financing and strategic alternatives and is reviewing its Rochester Hub project strategy. Shares fell 2.05% in after-hours trading.

Portfolio Pulse from Ryan Gustafson

November 13, 2023 | 10:32 pm