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VSAT

ViaSat reported better-than-expected Q1 sales results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 4:19 pm

RPTX

Repare Therapeutics reported its Q2 results, which led to an increase in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 4:18 pm

KIQ

Kelso Technologies reported a year-over-year decrease in Q2 revenue results, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 4:17 pm

CARG

CarGurus reported its Q2 financial results, which led to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 4:16 pm

LTRN

Zacks Small-Cap Research has set a price valuation of $26 for Lantern Pharma. The valuation could potentially influence the stock price of Lantern Pharma in the short term.

Portfolio Pulse from Happy Mohamed

August 10, 2023 | 4:15 pm

LFMD

LifeMD's shares are trading higher following the company's announcement of better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 4:14 pm

PLUG

Plug Power Inc's Q2 results showed strong revenue growth but disappointing margins, leading to a drop in its share price. Analysts from Oppenheimer, RBC Capital Markets, KeyBanc Capital Markets, and Morgan Stanley provided their insights, with most maintaining an Outperform or Equal-Weight rating. The company is expected to announce a non-dilutive financing in 3Q23 to support capex investments. Delays in production facility timing and higher costs may keep the stock under pressure. The company's margin turnaround is proving elusive, and it may be 2024 before gross margin turns positive.

Portfolio Pulse from Priya Nigam

August 10, 2023 | 4:12 pm

FF

FutureFuel Corp's shares are trading lower following the release of their Q2 results.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 4:09 pm

MESA

Mesa Air Group reported worse-than-expected Q3 financial results, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 4:09 pm

FWRD

Forward Air Corporation (NASDAQ:FWRD) has announced its decision to merge with Omni Logistics, LLC in a cash-and-stock transaction. The combined company is expected to generate adjusted revenue of around $3.7 billion for the twelve months ended June 30, 2023. Omni shareholders will receive $150 million in cash and Forward's common and preferred stock. The transaction is expected to close in the second half of 2023, after which Omni shareholders will own 37.7% of the combined company. The merger is expected to generate total run-rate EBITDA synergies of approximately $125 million.

Portfolio Pulse from Lekha Gupta

August 10, 2023 | 4:09 pm