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Earnings call: Venus Concept Inc. Reports Q3 2023 Results Amid Restructuring and Innovation Efforts
Venus Concept (NASDAQ:VERO) Inc., an aesthetic technology company, reported a decline in year-over-year revenue in its Q3 2023 earnings call, citing restructuring efforts in international markets as the primary cause. However, the company noted a 14% quarter-over-quarter increase in US sales. The company is transitioning to higher quality cash revenues, exiting unprofitable operations, and implementing […]
Earnings call: GSE Systems reports Q3 results, optimistic about nuclear industry resurgence
GSE Systems Inc. (NASDAQ:GVP) disclosed its financial results for the third quarter of 2023, ended September 30, displaying a positive adjusted EBITDA for the first time in two years. The company’s President and CEO, Kyle Loudermilk, expressed optimism about the nuclear industry’s future and the role of nuclear power in the global decarbonization drive. However, […]
Earnings call: Momentus Inc. Announces Q3 2023 Results, New Contracts, and Future Plans
In the third quarter of 2023, space transportation company Momentus Inc. reported significant progress in its operations and financials. The company raised $16.9 million in capital, reduced operating expenses by over 50%, and signed several new contracts, including a notable deal with the U.S. Space Force Space Development Agency. Momentus continues to operate two Vigoride […]
Energizer pulls back after getting hit with 3 analyst downgrades
Energizer (ENR) shares fell 4.5% in early New York trade on Wednesday after at least three brokerage firms downgraded the rating. Morgan Stanley downgraded the rating to Underweight, citing “lower visibility” and increased risk to the top line. RBC Capital Markets characterized the guidance for FY24 as “tepid.” The battery manufacturer previously issued full-year adjusted […]
Earnings call: Capricor Therapeutics hits enrollment target for pivotal DMD study, eyes expansion of CAP-1002
Capricor Therapeutics (NASDAQ:CAPR) has achieved its enrollment goal for the HOPE-3 Phase 3 pivotal study, investigating a treatment for Duchenne Muscular Dystrophy (DMD), according to the details shared in their recent earnings call. The company also unveiled plans to accelerate the approval process for its lead asset, CAP-1002, and is exploring exosomes as a potential […]
Earnings call: Quest Resource Holding Corp anticipates double-digit growth and increased efficiency
Quest Resource (NASDAQ:QRHC) Holding Corp (NASDAQ:QRHC) discussed its future growth prospects and strategies during its third quarter 2023 earnings call. The company reported steady progress, highlighting an increase in its pipeline opportunities and a faster-than-expected ramp-up with a major new customer. The integration of RWS was completed, providing $1.7 million in annualized SG&A cost savings […]
Earnings call: Dada Group reports 20% revenue increase, expects continued growth in Q4
Dada Group (NASDAQ: DADA) reported a 20% increase in total net revenues, reaching RMB2.9 billion for Q3 2023. The company also showed an 11 percentage point improvement in adjusted net margin year-over-year. The on-demand retail platform, JDDJ, and the local on-demand delivery platform, Dada Now, both recorded high performances during the Double 11 shopping festival. […]
Earnings call: Dolphin Entertainment reports Q3 revenue of $10.2M, anticipates cash operating profits in 2024
Dolphin Entertainment (NASDAQ:DLPN) has reported third quarter revenue of $10.2 million, marking a 3% increase year-over-year, despite facing industry strikes and an internal merger, which resulted in an operating loss of $2.1 million. The company, which has recently expanded its operations through acquisitions and partnerships, anticipates achieving consistent cash operating profits by 2024. Key takeaways […]
Earnings call: Yield10 Bioscience highlights progress in biofuels and omega-3 oils, amid regulatory wins and partnership pursuits
Yield10 Bioscience (NASDAQ:YTEN), in their recent Q3 2023 earnings call, shed light on their ongoing business plans and financial performance. The company emphasized its focus on commercializing Camelina as a platform crop for biofuels and high-value omega-3 oils. Key milestones included cash generation from seed shipments, signing new partnerships, and initiating seed scale-up activities. The […]
NZD rises while GBP falls; US stocks surge on rate cut hopes
NEW YORK – The New Zealand dollar emerged as a strong performer among major currencies today, overshadowing the lagging British pound and a mixed showing from the US dollar. Market dynamics shifted following unexpectedly weak US consumer price index data, which prompted a decline in US Treasury yields and bolstered US stock markets. Investors are […]
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