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FMC

FMC Corporation reported Q1 2024 adjusted EPS of $0.36, surpassing the $0.33 estimate, but its sales of $918M fell short of the $1.008B forecast, marking a 31.70% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:30 pm

RYAM

RYAM has announced the sale of its softwood duty refund rights for $39 million, marking a significant financial transaction for the company.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:30 pm

CGC

GENE

GNLN

PMD

SNDL

UGRO

VFF

Marijuana stocks experienced significant movement with Target Group, Global Compliance, and Heritage Cannabis Holding among the top gainers, while Item 9 Labs and Global Hemp Group led the losers. Notable NASDAQ-listed companies like Psychemedics, SNDL, Genetic Technologies, Urban-gro, Village Farms Intl, Canopy Growth, and Greenlane Holdings also saw varied price changes.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 8:30 pm

KIDS

OrthoPediatrics (NASDAQ:KIDS) reported Q1 2024 adjusted EPS of $(0.30), surpassing the $(0.40) estimate, with sales of $44.685M exceeding the $41.775M forecast. This represents a 3.45% decrease in losses per share compared to last year, and a 41.46% increase in sales from the same period.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:29 pm

TDC

Teradata has updated its Q2 adjusted EPS forecast to $0.46-$0.50, compared to the estimated $0.50, but has maintained its full-year 2024 adjusted EPS guidance range of $2.15-$2.31, aligning closely with the $2.20 estimate.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:29 pm

TBIO

Telesis Bio Inc. (TBIO) announced a 1-for-18 reverse stock split effective May 9, 2024, to regain compliance with Nasdaq's minimum bid price requirement. The split will reduce outstanding shares from 30.1 million to approximately 1.7 million, with no change in par value. Adjustments will be made to warrants, stock options, equity awards, and equity incentive plans. The reverse split aims to maintain Nasdaq listing by meeting the $1.00 per share minimum bid price.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:29 pm

COHR

Coherent anticipates its Q4 revenue to be between $1.23 billion and $1.32 billion, with adjusted EPS ranging from $0.52 to $0.68. These projections are in line with analysts' expectations, which estimate revenue at $1.273 billion and adjusted EPS at $0.56.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:29 pm

VNO

Vornado Realty (NYSE:VNO) reported Q1 2024 FFO of $0.55 per share, missing the $0.58 estimate, and sales of $436.375M, below the $445.534M estimate. This represents a decrease from the previous year's earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:29 pm

NCMI

National CineMedia reported mixed Q1 financial results, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:28 pm

LCID

Lucid shares are trading lower following the release of mixed Q1 financial results, indicating a potential concern among investors regarding the company's performance.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:28 pm