Streetbeat News

AERT

Aeries Technology, Inc

https://ir.aeriestechnology.com

Industry

Consulting Services

Aeries Technology, Inc. operates as a professional services and consulting partner in the United States and internationally. The company offers management consultancy services for private equity sponsors and their portfolio companies, including software solutions, product management, IT infrastructure, information and cyber security, ERP and CRM platform management, business process management, and digital transformation services. The company was founded in 2012 and is based in Orem, Utah.

Open

1.17

Mkt cap

47M

Volume

30K

High

1.17

P/E Ratio

105.00

52-wk high

3.12

Low

1.05

Div yield

N/A

52-wk low

1.00

Aeries Technology has entered into a subscription agreement for a private placement, raising $5 million at a purchase price of $2.21 per share.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 12:01 pm

Bhisham Khare has reported a 9.83% ownership stake in Aeries Technology, indicating a significant investment in the company. This move could signal confidence in Aeries Technology's future prospects or strategic interests by Khare.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:17 pm

In Wednesday's after-market session, several industrials stocks saw significant movements. Aeries Technology, Astra Space, Swvl Hldgs, Agrify, AERWINS Technologies, and Energous experienced gains, while Steelcase, Lucas GC, Baiyu Holdings, BioNexus Gene Lab, voxeljet, and noco-noco faced declines. Notably, Steelcase's drop followed its Q4 earnings release.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 9:34 pm

Aeries Technology, Inc. (NASDAQ:AERT) has entered into a strategic partnership with Quickbase to enhance global technology and innovation. This collaboration aims to streamline operations, enhance productivity, and drive growth across various functions by leveraging India's talent pool and focusing on digital transformation with low/no code technology stacks. The partnership marks a significant step in Quickbase's strategy to become a global driver of technology and innovation, with a new establishment in Bangalore, India.

Portfolio Pulse from Happy Mohamed

March 12, 2024 | 8:32 pm

In Friday's pre-market session, several industrials stocks showed significant movement. Intuitive Machines (LUNR) led the gainers with a 70.8% increase, while Vicor (VICR) experienced the largest drop among the losers, declining by 14.6%. Other notable movers included ESS Tech (GWH), Multi Ways Holdings (MWG), and Energous (WATT) with substantial gains, and Energy Focus (EFOI) and Erayak Power Solution Gr (RAYA) with notable losses.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 1:06 pm

Aeries Technology (NASDAQ:AERT) reported a Q3 loss of $(1.08) per share with sales reaching $18.90M, marking a 48.90% increase from $12.69M in the same period last year.

Portfolio Pulse from saritha@benzinga.com

February 22, 2024 | 1:46 pm

Earnings reports for various companies are scheduled for February 22, 2024, covering a wide range of industries. These reports include both earnings per share and revenue forecasts, with some companies expected to report losses.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 10:27 am

Aeries Technology has reiterated its financial guidance for FY24, expecting revenue between $95M-105M and adjusted EBITDA between $16M-20M.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:53 pm

Aeries Technology (NASDAQ:AERT) reported a significant increase in sales for Q3, with $18.90 million, up 48.82% from $12.70 million YoY.

Portfolio Pulse from Happy Mohamed

February 21, 2024 | 9:53 pm

In Tuesday's pre-market session, several industrials stocks showed significant movement. Agrify (AGFY) led the gainers with a 56.2% increase, while Sunworks (SUNW) experienced the largest drop among the losers, falling 56.0%. Notably, AGCO's stock rose by 7.5% following their Q4 earnings release, and Symbotic (SYM) saw a 16.74% decrease after their Q1 earnings report.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 1:06 pm

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