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SIGA

SIGA Therapeutics' stock is trading higher following the announcement of improved financial results for Q4, showing a year-over-year increase.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:52 pm

CLOV

Clover Health Investments (NASDAQ:CLOV) reported Q4 earnings with a per-share loss of $(0.15), missing the $(0.14) estimate, but surpassed sales estimates with $510.25M against the expected $480.25M. This represents a decrease in losses and a significant drop in sales compared to the same period last year.

Portfolio Pulse from Happy Mohamed

March 12, 2024 | 8:52 pm

OPAL

OPAL Fuels Inc. (NASDAQ:OPAL) announced a significant change in its share structure, with Fortistar LLC exchanging 71.5 million shares of Class D common stock for an equal number of Class B common stock, reducing its voting control. This move is anticipated to make OPAL's Class A common stock eligible for inclusion in stock market indices, potentially affecting its attractiveness to investors, although inclusion and its impact on stock price are uncertain.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:50 pm

SWIM

Latham Group projects its Q1 2024 sales to be between $98M and $104M, significantly lower than the estimated $130.468M. This forecast suggests a potential downturn in the company's financial performance.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:50 pm

RXT

Rackspace Tech (NASDAQ:RXT) reported Q4 earnings, beating estimates with an EPS of $-0.03 against an expected $-0.04, but saw a revenue decline of $67.30 million year-over-year. The company's past performance shows mixed results in earnings beats and misses, with guidance for Q1 2024 projecting earnings between $-0.14 and $-0.12 per share.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 8:50 pm

HRTX

Heron Therapeutics (NASDAQ:HRTX) reported Q4 earnings with an EPS of $-0.07, beating estimates by 56%, and revenue up $4.21M YOY. The company has a history of beating EPS estimates, leading to significant share price increases.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 8:50 pm

AMC

AMC Entertainment Holdings, Inc. (NYSE:AMC) announced a preliminary court approval for a settlement in a civil action brought by shareholders for alleged 'short-swing' profits by the Antara Defendants. The settlement, if approved, will result in AMC receiving $3.3 million. A final approval hearing is scheduled for May 2, 2024.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:48 pm

ADTH

AdTheorent Holding projects its 2024 revenue to be between $188 million and $195 million, surpassing the estimated $183.649 million.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:48 pm

FUBO

FuboTV Inc (NYSE:FUBO) shares rose in after-hours trading following the announcement of a new agreement with Mid-Atlantic Sports Network (MASN) to expand its local sports offerings, including streaming coverage of the Baltimore Orioles and Washington Nationals games. This agreement will add more than 500 live events annually to Fubo's platform, enhancing its sports coverage ahead of MLB's Opening Day.

Portfolio Pulse from Adam Eckert

March 12, 2024 | 8:47 pm

CTOS

Custom Truck One Source (CTOS) has announced that its board has approved a stock repurchase program, allowing the company to buy back up to $25 million of its shares of common stock, as per an SEC filing on March 11.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:47 pm