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EGY

VAALCO Energy has projected its Q4 2023 Net Revenue Interest (NRI) sales to be between 19,800 and 22,000 barrels of oil equivalent per day (BOEPD).

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:53 pm

ARRY

Array Technologies (NASDAQ:ARRY) reported Q3 earnings of $0.21 per share, beating the analyst consensus estimate of $0.12 by 75%. However, the company's quarterly sales of $350.44 million missed the analyst consensus estimate of $371.14 million by 5.58%. This represents a 16.67% increase in earnings but a 31.96% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:50 pm

HTOO

Fusion Fuel Green Plc (NASDAQ:HTOO) has received a notice from Nasdaq for not meeting the $1.00 minimum bid price requirement for continued listing. The company has until May 6, 2024, to regain compliance by having the closing bid price of its shares meet or exceed $1.00 for at least ten consecutive business days. The company's shares continue to trade on The Nasdaq Global Market under the symbol 'HTOO'.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:46 pm

DOX

Amdocs has projected its Q1 2024 adjusted EPS to be between $1.53 and $1.59, which is lower than the estimated $1.6. The company also expects its revenue to be between $1.225B and $1.265B, slightly below the estimated $1.27B.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:42 pm

NETI

Offshore wind turbine and foundation installation companies Cadeler A/S and Eneti Inc. have announced a share exchange offer for all outstanding shares of Eneti Inc. The offer is part of a business combination agreement announced in June 2023 and is expected to close in Q4 2023. The combined group will be named Cadeler, headquartered in Copenhagen, Denmark, and listed on the New York Stock Exchange and the Oslo Stock Exchange. Cadeler's management anticipates the business combination will deliver annual synergies of €106 million.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:42 pm

IDA

IDACORP, Inc. (NYSE:IDA) has announced a public offering of $260 million of its common stock. The shares are expected to be borrowed by the forward counterparty from third parties and sold to the underwriters. IDACORP also plans to grant the underwriters an option to purchase up to $39 million of additional shares. Wells Fargo Securities, LLC and Morgan Stanley are acting as the representatives of the underwriters. IDACORP will enter into a forward sale agreement with Morgan Stanley, selling approximately $260 million of shares at an initial forward sale price per share equal to the price per share at which the underwriters purchase the shares.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:41 pm

MRCY

Mercury Systems has reaffirmed its FY24 revenue guidance of $950M-$1.00B and raised its adjusted EPS outlook from $1.14-$1.48 to $1.19-$1.54.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:40 pm

AKAM

Akamai Technologies has increased its 2023 revenue outlook from $3.765B-$3.795B to $3.802B-$3.822B. The company also raised its adjusted EPS outlook from $5.87-$5.95 to $6.08-$6.13.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:37 pm

HLGN

Heliogen has announced the suspension of its NYSE listing status, with shares halted ahead of the announcement.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:36 pm

METC

Ramaco Resources has increased the midpoint of its FY23 coal shipment forecast from 3.1M-3.6M tons to 3.25M-3.5M tons.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:36 pm