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RSLS

Reshape Lifesciences (NASDAQ:RSLS) reported Q1 2024 GAAP EPS of $(0.09), beating the $(0.16) estimate, but sales of $1.944M missed the $2.104M estimate. EPS improved significantly from $(1.56) last year, while sales decreased by 15% from $2.287M.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 8:54 pm

BIDU

JD

JD.com Inc (NASDAQ:JD) and Baidu Inc (NASDAQ:BIDU) are set to report their Q1 2024 earnings. JD.com, a major player in China's e-commerce market, and Baidu, a leader in search engine and AI technology, offer compelling investment opportunities. Analysts have a consensus buy rating for both, with potential upsides of 16.1% for JD and 40.0% for Baidu.

Portfolio Pulse from Surbhi Jain

May 15, 2024 | 8:53 pm

GTN

Gray Television (NYSE: GTN) has announced a $1.6 billion refinancing process to extend its near-term debt maturities. The company plans to refinance its existing $1.15 billion term loan and $450 million senior notes with new senior secured term loans and additional senior secured debt. Additionally, Gray has increased its revolving credit facility from $552.5 million to $680 million.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 8:53 pm

FBIO

Fortress Biotech (NASDAQ:FBIO) reported Q1 2024 GAAP EPS of $(1.03), beating the analyst estimate of $(1.73) by 40.46%. However, sales of $13.030M missed the $14.131M estimate by 7.79%, though it represents a 4.84% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 8:53 pm

CNK

Third Point, a hedge fund, has taken a 5 million share stake in Cinemark, as revealed in their latest 13F filing.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 8:52 pm

GS

Third Point LLC has added a stake in Goldman Sachs Group Inc, purchasing 250,000 shares valued at $104.42 million.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 8:52 pm

NGS

Natural Gas Services Group (NYSE:NGS) reported Q1 2024 GAAP EPS of $0.41, significantly beating the $0.21 estimate. Sales were $36.907M, surpassing the $34.950M estimate. This marks a 1266.67% increase in EPS and a 38.64% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 8:51 pm

VRAR

Glimpse Group (NASDAQ:VRAR) reported Q3 GAAP EPS of $(0.09), beating the $(0.10) estimate, but sales of $1.90M missed the $2.10M estimate. EPS improved significantly from last year, but sales declined sharply.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 8:50 pm

MRVL

Third Point LLC has added a stake in Marvell Technology Inc, acquiring 1.53 million shares valued at $108 million.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 8:50 pm

ELTX

Elicio Therapeutics (NASDAQ:ELTX) reported a Q1 2024 adjusted EPS of $(1.15), missing the analyst consensus estimate of $(1.09) by 5.5%.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 8:50 pm