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JTAI

Jet AI (NASDAQ:JTAI) reported Q2 2024 GAAP EPS of $(0.25), missing the $(0.22) estimate, and sales of $3.08M, missing the $3.21M estimate. Despite the misses, the company showed improvement over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 9:53 pm

LAC

Lithium Americas reported a net loss of $12.3 million for the six months ended June 30, 2024, compared to a $9.2 million profit in the same period last year. The loss was attributed to a decrease in the fair value of financial instruments and higher administrative and equity compensation expenses following the company's separation transaction in October 2023. The company holds $375.8 million in cash and cash equivalents.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 9:45 pm

RDW

Redwire has raised its full-year 2024 revenue guidance from $300 million to $310 million, surpassing the estimated $304.342 million.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 9:31 pm

BMTX

BM Technologies (AMEX:BMTX) reported Q2 sales of $12.54 million, missing the analyst consensus estimate of $13.99 million by 10.36%. This represents a 3.43% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 9:29 pm

ELDN

Eledon Pharmaceuticals announced that it expects to have sufficient liquidity through December 2025 and reported its preliminary Q2 operating results.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 9:26 pm

GP

GreenPower Motor Co (NASDAQ:GP) reported Q1 sales of $3.00 million, missing the analyst consensus estimate of $4.93 million by 39.25%. This represents an 82.95% decrease from the $17.58 million in sales during the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 9:22 pm

ASTS

AST SpaceMobile Inc (NASDAQ:ASTS) reported Q2 earnings with sales of $900,000 and an adjusted loss of 51 cents per share, missing analyst estimates. The company highlighted a $100 million strategic investment by Verizon and announced the arrival of its first five commercial satellites for a September launch. AST SpaceMobile shares rose 2.11% after-hours.

Portfolio Pulse from Adam Eckert

August 14, 2024 | 9:17 pm

VERO

Venus Concept shares are trading higher after EW Healthcare Partners filed a 12th amendment to a Schedule 13D, reporting 45.8% aggregate ownership in the company.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 9:10 pm

BPTH

Bio-Path Holdings (NASDAQ:BPTH) reported a Q2 2024 GAAP EPS of $(1.16), beating the analyst consensus estimate of $(1.54) by 24.68%. This represents an 89.1% improvement over the $(10.64) loss per share from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 9:08 pm

CETX

Cemtrex shares are trading lower after the company reported worse-than-expected Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 9:08 pm