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DFLI

Dragonfly Energy forecasts Q1 EPS of $(0.13)-$(0.17), below the $(0.15) estimate, with net sales expected between $12M-$13M, under the $14.1M estimate. The company sees stabilization in the RV market and potential growth from the heavy-duty trucking sector. Operating expenses are projected at $(8.0)-$(9.0) million, with a net loss of $(8.0)-$(10.5) million.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 8:13 pm

DFLI

Dragonfly Energy Holdings (NASDAQ:DFLI) reported Q4 earnings of $0.05 per share, surpassing the $(0.20) estimate, marking a 125% beat and a 131.25% increase from last year's $(0.16) loss per share. However, their Q4 sales of $10.44M fell short of the $12.24M estimate by 14.72%, representing a 48.35% decrease from last year's $20.21M.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 8:12 pm

MA

Mastercard has reported an 8.8% stake in DigiAsia as of April 3, 2024, according to a 13G filing with the SEC. This significant investment by Mastercard highlights its interest and potential influence in DigiAsia's operations and strategic direction.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 8:09 pm

SKIL

Skillsoft projects its FY25 revenue to be between $530M-$550M, which is below the estimated $579.724M.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 8:08 pm

MITK

Mitek Systems (NASDAQ:MITK) reported Q1 adjusted EPS of $0.14, missing the $0.18 estimate, and sales of $36.92M, missing the $39.02M estimate. This represents a 54.84% decrease in earnings and a 19.22% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 8:07 pm

MCBC

WTFC

Wintrust Financial is set to acquire Macatawa Bank Corporation in an all-stock transaction valued at approximately $510.3 million, or $14.85 per share. The deal is anticipated to close in the second half of 2024 and is not expected to have a material effect on Wintrust's financials for that year.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 8:07 pm

MCBC

Trading of Macatawa Bank shares has been temporarily halted, with an announcement indicating that there is news pending about the company.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 8:05 pm

MODN

ClearBridge Investments, holding 6.97% of Model N, Inc. (MODN), has urged the Board of Directors to reconsider the acquisition by Vista Equity Partners, arguing it undervalues the company. ClearBridge highlights Model N's strong positioning, successful SaaS transition, and potential for long-term growth, suggesting the offer does not reflect the company's true value. They propose exploring superior offers or remaining independent to maximize shareholder value.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 8:01 pm

RKLB

Investors and traders have shown a mixed sentiment towards Rocket Lab USA (NASDAQ:RKLB), with options trading data revealing a bearish stance despite some bullish trades. Uncommon options activity was spotted, indicating a targeted price range of $3.5 to $5.0 for RKLB. The company, known for its space launch services, has seen its stock price decrease by -4.84%, currently at $3.55. An earnings announcement is expected in 21 days, and an analyst from Wells Fargo maintains an Equal-Weight rating with a target price of $4.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 8:01 pm

AFRM

Affirm Holdings (NASDAQ:AFRM) has seen significant options trading activity, with a mix of bullish and bearish sentiment among investors. Analysis of 25 trades reveals a slight preference for bullish positions, with 56% of trades expecting an uptick. The trading volume and open interest suggest investors are targeting a price range of $20.0 to $75.0 for AFRM. Notably, the stock is currently trading at $32.55, with an upcoming earnings release in 22 days. The company, known for its digital and mobile-first commerce platform, primarily generates revenue in the United States.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 8:01 pm