Streetbeat News

Stock Prices

IDCC

InterDigital forecasts its Q2 revenue to be between $93M-$97M, falling short of the estimated $108.005M. However, its adjusted EPS is expected to be $0.70-$0.80, surpassing the estimated $0.56.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 12:35 pm

IRMD

iRadimed (NASDAQ:IRMD) reported Q1 2024 adjusted EPS of $0.36, surpassing the $0.34 estimate, and sales of $17.598M, exceeding the $17.130M estimate. This represents a 20% increase in EPS and a 13.72% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 12:35 pm

ITRI

Itron projects its Q2 revenue to be between $595 million and $605 million, surpassing the estimated $583.61 million. Additionally, its adjusted EPS is expected to range from $0.90 to $1.00, exceeding the $0.85 estimate.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 12:35 pm

MSA

MSA Safety Incorporated (NYSE:MSA) announced an 8.5% increase in its quarterly dividend, from $0.47 to $0.51 per common share, marking its 54th consecutive annual dividend increase. The dividend is payable on June 10, 2024, to shareholders of record as of May 15, 2024. This increase reflects MSA Safety's confidence in its strategy for sustainable profitable growth and its commitment to delivering attractive long-term returns to shareholders. Additionally, a dividend of $0.5625 per share on preferred stock was declared, payable on June 1, 2024, to shareholders of record on May 15, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 12:34 pm

ITRI

Itron (NASDAQ:ITRI) reported Q1 earnings of $1.24 per share, surpassing the $0.84 estimate, a 153.06% increase from last year. Sales reached $603.44M, beating the $579.40M estimate, marking a 22.00% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 12:33 pm

MGX

JP Morgan analyst Brian Cheng downgrades Metagenomi (NASDAQ:MGX) from Overweight to Neutral and lowers the price target from $16 to $6.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 12:32 pm

TELL

Tellurian Inc. (AMEX:TELL) reported Q1 2024 GAAP EPS of $(0.06), meeting analyst consensus but with a 20% decrease from the previous year. Sales were $25.472M, missing the $30.683M estimate and marking a nearly 50% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 12:31 pm

SDIG

Stronghold Digital Mining (NASDAQ:SDIG) reported Q1 sales of $27.52M, missing the consensus estimate of $29.01M by 5.13%, but marking a 59.40% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 12:30 pm

BLNK

Blink Charging's stock is trading higher following the announcement that it has been chosen as the official electric vehicle charger and network services provider for the State of New York.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 12:25 pm

VERB

Verb Technology Company, Inc. (NASDAQ:VERB) has been granted a 6-month extension by Nasdaq to meet the minimum bid price requirement of $1.00. This extension, valid until October 28, 2024, comes after VERB demonstrated compliance with all other Nasdaq Capital Market listing requirements, except for the bid price. The company has significantly improved its financial position, with a notable increase in shareholder value and cash equivalents, and a reduction in notes payable. VERB's management has successfully recapitalized and restructured the company, positioning it for future success.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 12:25 pm