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FGF

Fundamental Global (FGF) shares are trading higher following the announcement of acquiring Strong/MDI Screen Systems through FG Acquisition Corp. for a $30 million valuation.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:59 pm

AMZN

ATSG

BA

Air Transport Services Group (ATSG) will expand its operations for Amazon's Air Network by operating ten additional Boeing 767 freighters by the end of 2024. The agreement, which now extends to May 2029, with an option for a further five-year extension, also allows for the potential addition of up to ten more aircraft. This expansion signifies a strengthening of the partnership between ATSG, Amazon, and Boeing.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:59 pm

BCSF

Bain Capital Specialty (NYSE:BCSF) reported Q1 2024 GAAP Net Investment Income per share of $0.53, missing the $0.55 estimate, but sales of $74.499M exceeded the $69.700M forecast. Earnings per share increased by 6% from the previous year, while sales slightly decreased by 0.32%.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:57 pm

BWMN

Bowman Consulting Group (NASDAQ:BWMN) reported Q1 2024 adjusted EPS of $0.20, surpassing the $(0.08) estimate, but missed sales estimates with $94.907M against the expected $95.626M. This represents a 23.08% decrease in EPS and a 24.71% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:56 pm

EVRI

IGT

Everi Holdings Inc. (EVRI) has terminated its stock repurchase program effective May 2, 2024, having repurchased $100 million of its common stock. The company also announced a mandatory sell-to-cover policy for tax withholdings on RSUs and PSUs, effective May 1, 2024, to retain cash for a potential Special Dividend related to its merger with International Game Technology PLC (IGT) and other entities. The Special Dividend will be based on various financial metrics and the company's cash position at the merger's closing.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:55 pm

KIDS

OrthoPediatrics projects its FY24 revenue to be between $200M and $203M, surpassing the estimated $198.125M.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:54 pm

STRL

Sterling Infrastructure shares surged following the announcement of their Q1 financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:54 pm

INTT

InTest Corporation has revised its FY24 revenue forecast downwards from the previously projected range of $145M-$155M to a new range of $140M-$150M, compared to the market estimate of $149.797M.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:53 pm

INTT

InTest Corporation projects its Q2 2024 adjusted EPS to be between $0.10 and $0.16, below the estimated $0.20. Revenue is expected to be between $34M and $36M, slightly above the $33.750M estimate.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:53 pm

TCMD

Tactile Systems Tech (TCMD) reported Q1 2024 adjusted EPS of $(0.05), surpassing the $(0.11) estimate, with sales of $61.088M exceeding the $59.175M forecast. This represents a 66.67% decrease in losses per share and a 3.81% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 8:53 pm