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SLND

Southland Holdings (AMEX:SLND) reported Q1 2024 adjusted EPS of $(0.01), surpassing the $(0.14) estimate, and sales of $288.097M, exceeding the $256.258M estimate. This represents a significant improvement in both earnings and sales over the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 8:53 pm

NVDA

RXRX

Recursion Pharmaceuticals, Inc. (RXRX) experienced a 10.2% stock surge following the announcement of completing its Nvidia-powered AI supercomputer, BioHive-2. This development, highlighting a significant advancement in AI-driven drug discovery, has sparked investor optimism, reflecting positively on RXRX's market performance.

Portfolio Pulse from Vaishali Prayag

May 13, 2024 | 8:51 pm

HYPR

Hyperfine (NASDAQ:HYPR) reported Q1 2024 earnings with a smaller loss per share of $(0.14) compared to the expected $(0.15), and sales of $3.295M, surpassing the $3.053M estimate. This represents a significant improvement over the previous year's performance.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 8:50 pm

ASTC

Astrotech reported a Q3 EPS loss of $(1.93), a 31.29% decrease from last year's $(1.47) loss per share, with sales increasing 42.86% to $50K from $35K YoY.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 8:47 pm

PRSO

Peraso reported Q1 2024 adjusted EPS of $(0.83), surpassing the $(1.32) estimate, and sales of $2.816M, exceeding the $2.650M forecast. This marks a significant improvement in losses and a slight sales beat compared to last year.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 8:46 pm

JAMF

Jamf, affiliated with Vista Equity Partners, has initiated a public offering of 8.96 million shares of its common stock. Additionally, they plan to repurchase 2 million shares concurrently with the offering. The underwriters are also given a 30-day option to buy up to an additional 1.04 million shares from the selling stockholders.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 8:45 pm

ABNB

Airbnb's (NYSE:ABNB) short interest has decreased by 8.61% since the last report, with 16.67 million shares sold short, representing 3.82% of its float. This decrease in short interest could indicate a more bullish sentiment towards ABNB among traders. The current short interest is below the peer group average of 6.92%, suggesting less bearish sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

May 13, 2024 | 8:45 pm

VRNS

Varonis Systems (NYSE:VRNS) has seen an 18.17% increase in short percent of float since its last report, with 7.41 million shares sold short, representing 8.52% of available shares. This indicates a bearish market sentiment towards VRNS, although high short interest can sometimes be bullish. VRNS has a higher short interest than its peer group average of 4.17%.

Portfolio Pulse from Benzinga Insights

May 13, 2024 | 8:45 pm

USFD

US Foods Holding Corp's (NYSE:USFD) short interest has increased by 19.92% since the last report, with 7.22 million shares sold short, representing 2.95% of its float. The current short interest suggests a bearish sentiment among investors, though it's lower than the peer group average of 4.49%. The article highlights the importance of monitoring short interest as an indicator of market sentiment.

Portfolio Pulse from Benzinga Insights

May 13, 2024 | 8:45 pm

ULY

Urgently (NASDAQ:ULY) reported Q1 2024 earnings with a GAAP EPS of $(0.97), missing the $(0.92) estimate, but sales of $40.092M exceeded the $36.600M forecast. This represents a 19.13% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 8:43 pm