Streetbeat News

SST

System1, Inc.

https://www.system1.com

Industry

Specialty Business Services

System1, Inc. develops technology and data science to operate responsive acquisition marketing platform. The company also operates a real-time coupon code search engine and directory that offers coupon destinations for online shoppers. It serves customers in the areas of health, subscription, finance, insurance, business and technology, travel, auto, and other direct-to-consumer businesses. The company was founded in 2013 and is based in Los Angeles, California.

Open

0.96

Mkt cap

66M

Volume

43K

High

1.04

P/E Ratio

-0.84

52-wk high

3.02

Low

0.93

Div yield

N/A

52-wk low

0.91

System1 anticipates Q2 revenue to be between $88M-$90M, slightly below the estimated $90.298M. The company also projects a gross profit of $20M-$22M, adjusted gross profit of $33M-$35M, and adjusted EBITDA of $5M-$7M.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 9:21 pm

System1 (NYSE:SST) reported Q1 2024 earnings with an adjusted EPS of $(0.45), surpassing the $(0.51) estimate, and sales of $84.917M, beating the $83.372M estimate. However, this represents a 21.62% decrease in EPS and a 49.41% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 8:56 pm

Several Communication Services stocks experienced significant movements in Monday's intraday session. Notable gainers include MediaCo Holding, SPAR Group, Lytus Technologies Holdings, MoneyHero, and System1, with increases ranging from 16.79% to 38.2%. On the losing end, stocks like Chicken Soup for the Soul Entertainment, Loop Media, Able View Global, Gray Television, AMC Entertainment Holdings, and Haoxi Health Technology saw declines between 11.06% and 23.4%.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 4:31 pm

Evercore ISI Group analyst Shweta Khajuria has maintained an In-Line rating on System1 (NYSE:SST) but lowered the price target from $3 to $2.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 3:24 pm

System 1 forecasts its Q1 FY24 revenue to be between $82M and $84M, significantly lower than the estimated $145.77M.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 10:24 am

System 1 reported a net loss of $27.6 million for the fourth quarter.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 10:22 am

Earnings reports for March 18, 2024, include a mix of expected profits and losses across various sectors. Notable companies like Embraer, Science Applications Intl, and StoneCo are anticipated to report profits, while System1, Exagen, and OneConnect Financial Tech project losses. The diversity in performance highlights the varied economic conditions impacting different industries.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 9:57 am

System1 (NYSE:SST) is scheduled to release its quarterly earnings report on March 18, 2024, with analysts expecting an EPS of $-0.33. The company's past earnings performance shows a pattern of beating EPS estimates but experiencing subsequent share price drops. Shares are currently trading at $1.5, down 57.36% over the last year. Investors are looking for positive guidance for the next quarter, which could significantly impact the stock's performance.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 2:01 pm

During Monday's intraday session, several communication services stocks experienced significant movements. NextPlay Technologies (NXTP) saw a dramatic increase of 213.8%, while NetEase (NTES) led the losers with a 16.0% drop. Other notable gainers include Society Pass (SOPA), Asset Entities (ASST), Brera Holdings (BREA), Oriental Culture Holding (OCG), and System1 (SST). On the losing side, HUYA (HUYA), AdTheorent Holding (ADTH), Gamer Pakistan (GPAK), LQR House (LQR), and Sohu.com (SOHU) also saw declines.

Portfolio Pulse from Benzinga Insights

December 25, 2023 | 5:30 pm

During Wednesday's intraday session, several communication services stocks experienced significant movements. System1 (SST) saw a 24.6% increase, while Asset Entities (ASST) rose by 20.51%. LQR House (LQR) and Clear Channel Outdoor (CCO) also gained, with increases of 16.08% and 14.24%, respectively. Direct Digital Holdings (DRCT) and Paltalk (PALT) saw their stocks rise by 14.13% and 12.0%. Conversely, Hanryu Holdings (HRYU), TuanChe (TC), Gamer Pakistan (GPAK), MediaCo Holding (MDIA), and Baosheng Media Gr (BAOS) experienced declines ranging from 9.21% to 17.6%.

Portfolio Pulse from Benzinga Insights

December 20, 2023 | 5:31 pm

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