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SWN

Southwestern Energy (NYSE:SWN) reported Q4 earnings of $0.17 per share, surpassing the $0.13 estimate, and sales of $1.69B, exceeding the $1.30B estimate. However, this represents a 34.62% decrease in earnings and a 49.94% decrease in sales from the same period last year.

Portfolio Pulse from Happy Mohamed

February 22, 2024 | 10:10 pm

LAW

CS DISCO projects its Q1 2024 revenue to be between $34.5M and $36.6M, which is below the estimated $36.736M.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 10:10 pm

NU

Nu Holdings Ltd (NYSE:NU) reported a 57% increase in Q4 revenue year-over-year to $2.4 billion, with net income of $360.9 million. The company added 4.8 million customers, reaching 93.9 million. Deposits grew 38% to $23.7 billion. CEO David Vélez highlighted efforts towards surpassing 100 million customers in 2024, focusing on growth in Brazil, Mexico, and Colombia. Warren Buffett's Berkshire Hathaway maintains a stake in Nu Holdings. Post-earnings, NU shares dropped 5.31% in after-hours trading.

Portfolio Pulse from Adam Eckert

February 22, 2024 | 10:09 pm

ZKIN

ZK International Group Co., Ltd. (NASDAQ:ZKIN) received two notices from Nasdaq for not meeting the minimum bid price requirement and for not timely filing its annual report. The company has until August 13, 2024, to regain compliance with the minimum bid price requirement and to submit a plan to regain compliance for the late filing. Failure to meet these requirements could lead to delisting from the Nasdaq Capital Market.

Portfolio Pulse from Happy Mohamed

February 22, 2024 | 10:08 pm

AFCG

SUNS

AFC Gamma, Inc. (AFCG) announced a plan to spin-off its commercial real estate lending business into an independent company, Sunrise Realty Trust, Inc. (SUNS), expected to be completed in mid-2024. Post-separation, AFC Gamma will focus on the cannabis industry, while SUNS will concentrate on CRE in the southern U.S. The separation aims to allow both companies to pursue tailored growth strategies and attract suitable investors. SUNS will focus on CRE debt investments across various asset classes, aiming for diversified investment portfolios. The separation will involve a pro-rata distribution of SUNS' common stock to AFC Gamma's shareholders and a special cash dividend.

Portfolio Pulse from Happy Mohamed

February 22, 2024 | 10:06 pm

RMAX

RE/MAX projects its FY24 revenue to be between $300M-$320M, which is below the estimated $327.126M.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 10:05 pm

KAMN

Kaman (NYSE:KAMN) reported Q4 earnings of $0.12 per share, missing the consensus estimate of $0.14, a 71.43% decrease from last year's $0.42. However, their quarterly sales of $203.10M exceeded the $195.77M estimate, marking a 3.02% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 10:05 pm

CRGE

Charge Enterprises, Inc. (NASDAQ:CRGE) announced its common shares will be delisted from Nasdaq as of February 29, 2024, following a denial of an extension request to regain compliance with Nasdaq's listing rules. The company's stock had been trading below $1.00 for 30 consecutive business days and recently fell below $0.10. Charge Enterprises does not plan to appeal the decision and expects its stock to be quoted on the OTC Pink Market post-delisting.

Portfolio Pulse from Happy Mohamed

February 22, 2024 | 10:03 pm

EGO

Eldorado Gold (NYSE:EGO) reported Q4 2023 adjusted EPS of $0.24, surpassing the $0.20 estimate, with sales of $306.90M exceeding the $303.01M forecast. This represents a 24.65% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 10:03 pm

MORN

Morningstar (NASDAQ:MORN) reported a significant increase in Q4 earnings per share (EPS) to $1.97, up from $0.58 YoY, and a 13.41% increase in sales to $538.70M from $475.00M YoY.

Portfolio Pulse from Happy Mohamed

February 22, 2024 | 10:02 pm