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GVH

E-commerce logistics provider Globavend Holdings Limited (NASDAQ:GVH) has announced the pricing of its initial public offering (IPO) at $4.00 per share. The company plans to offer 1.5 million shares, expecting to raise $6 million in gross proceeds. The shares are expected to start trading on the Nasdaq Capital Market on November 8, 2023, under the symbol 'GVH'.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:20 pm

MASI

Masimo Corporation (MASI) has projected its Q4 2023 earnings per share (EPS) to be between $0.74 and $0.94, which is lower than the estimated $1.34. The company also expects its revenue to be between $526M and $576M, falling short of the estimated $613.17M.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:19 pm

FNA

Paragon 28 (NYSE:FNA) reported Q3 sales of $52.80 million, beating the analyst consensus estimate of $52.18 million by 1.19 percent. This represents a 14.77 percent increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:18 pm

EPM

Evolution Petroleum (AMEX:EPM) reported Q1 earnings of $0.04 per share, missing the analyst consensus estimate of $0.07 by 42.86%. This is a 87.5% decrease from the same period last year. The company also reported quarterly sales of $20.60 million, missing the analyst consensus estimate of $21.58 million by 4.54%. This is a 48.23% decrease from the same period last year.

Portfolio Pulse from mahesh@benzinga.com

November 07, 2023 | 10:17 pm

SHLS

Shoals Technologies Group has projected its FY23 revenue to be between $485M and $495M, which is lower than the estimated $498.89M.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:17 pm

EIS

IZRL

QQQ

SPY

UTEN

Israel rejected a US proposal for humanitarian pauses in Gaza, insisting on the release of hostages by Hamas. Israeli-related stocks rose for the seventh straight session, with the iShares MSCI Israel ETF (EIS) surging 1.8%. The Israeli shekel also strengthened, up 0.8% against the US dollar. Cathie Wood’s ARK Israel Innovative ETF (IZRL) held steady, remaining 7% lower compared to pre-Hamas’ attacks levels. US stocks advanced, with the SPDR S&P 500 ETF Trust (SPY) and the tech-focused Invesco QQQ Trust (QQQ) extending their winning streaks. Bonds also surged, with the US Treasury 10 Year Note ETF (UTEN) up 0.6%.

Portfolio Pulse from Piero Cingari

November 07, 2023 | 10:15 pm

PNTG

Pennant Group Inc. (PNTG) has projected its FY23 adjusted EPS to be between $0.69 and $0.75, compared to the estimated $0.71. The company also expects its total revenue to be between $526M and $531M, surpassing the estimated $519.81M.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:13 pm

ADTH

AdTheorent Holding (NASDAQ:ADTH) reported Q3 losses of $(0.05) per share, a 183.33% decrease YoY. However, the company's quarterly sales of $40.89M beat the analyst consensus estimate of $40.85M by 0.10%, marking an 8.80% increase YoY.

Portfolio Pulse from mahesh@benzinga.com

November 07, 2023 | 10:13 pm

AMBC

Ambac Financial Group (NYSE:AMBC) reported Q3 2023 earnings of $2.00 per share, beating the analyst consensus estimate of $(0.18) by 1211.11 percent. However, this is a 72.86 percent decrease from the same period last year. The company also reported quarterly sales of $74.00 million, beating the analyst consensus estimate of $60.87 million by 21.57 percent, but this is a 7.62 percent decrease from the same period last year.

Portfolio Pulse from vinayak@benzinga.com

November 07, 2023 | 10:09 pm

UPST

Upstart Holdings, Inc. reported weaker than expected Q3 results, with losses of five cents per share and quarterly sales of $134.56 million, both missing analyst consensus estimates. The company also reported a 34% YoY decline in loans originated by lending partners. Following the announcement, Upstart's shares fell by 21.80% in after-hours trading.

Portfolio Pulse from Ryan Gustafson

November 07, 2023 | 10:09 pm