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SFE

Safeguard Scientifics, Inc. is considering delisting from Nasdaq and becoming a non-reporting company, subject to shareholder approval.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 9:19 pm

BJDX

Bluejay Diagnostics, Inc. (NASDAQ:BJDX) has regained compliance with the Nasdaq minimum bid price requirement. The company had previously been notified of non-compliance in October 2022. To regain compliance, the closing bid price of the company's common stock needed to be at least $1.00 for a minimum of ten consecutive business days. The company executed a reverse stock split in July 2023 and subsequently regained compliance in August 2023.

Portfolio Pulse from Happy Mohamed

August 10, 2023 | 9:19 pm

IRIX

Iridex Corporation has projected its FY23 revenue to be between $55M-$57M, which is lower than the estimated $58.05M.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 9:18 pm

CANO

Cano Health, Inc. (NYSE:CANO) reported worse-than-expected Q2 results, with losses of 51 cents per share, missing the analyst consensus estimate of losses of 12 cents. The company also reported quarterly sales of $766.70 million, missing the analyst consensus estimate of $828.43 million. Despite missing top and bottom line estimates, total membership increased. Cano Health is considering selling the company and plans to exit operations in California, New Mexico, and Illinois by fall 2023, and Puerto Rico by January 1, 2024. The company is also withdrawing its fiscal year 2023 guidance.

Portfolio Pulse from Ryan Gustafson

August 10, 2023 | 9:16 pm

AEYE

AudioEye has projected its Q3 2023 revenue to be between $7.8M and $7.9M, which is lower than the estimated $8.3M.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 9:14 pm

AIRG

Airgain has projected its Q3 adjusted EPS to be around $(0.02), which is lower than the estimated $0.02. The company also expects its sales to be between $13.25M and $14.75M, which is less than the estimated $17.54M.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 9:11 pm

VIEW

View Inc. has regained compliance with Nasdaq's minimum bid price requirement, thus avoiding potential delisting.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 9:06 pm

SVM

Silvercorp Metals reported Q1 adjusted earnings of $0.07 per share, in line with analyst estimates. However, the company's quarterly sales of $60.01 million missed the consensus estimate of $60.10 million by 0.16 percent. This represents a 12.5 percent decrease in earnings and a 5.64 percent decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 9:01 pm

AAPL

APP

Analysts have mixed sentiments about AppLovin Corp (APP) due to the promising growth of AXON 2.0 and potential challenges from Apple. Benchmark analyst Mark Zgutowicz maintained a Sell rating but raised the price target from $17 to $22. Wedbush analyst Nick McKay maintained an Outperform rating and raised the price target from $37 to $48. Credit Suisse analyst Stephen Ju also maintained an Outperform rating and raised the price target from $49 to $57. APP shares closed higher by 26.50% to $37.20 on Thursday.

Portfolio Pulse from Anusuya Lahiri

August 10, 2023 | 9:01 pm

GDRX

Over the last quarter, 13 analysts have provided ratings for GoodRx Holdings (NASDAQ:GDRX), with 3 being bullish, 1 somewhat bullish, and 9 indifferent. The average 12-month price target for the company is $8.58, a 34.06% increase from the previous average of $6.40.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 9:00 pm