During Tuesday's after-market session, Dolphin Entertainment announced first-quarter earnings that included $15.24 million in revenue, representing a 54% year-over-year increase. The company reported a loss of two cents per share, which was up from a loss of 23 cents per share in the prior year's quarter.
MakeMyTrip reported Q4 adjusted revenue of $212.53M, beating analyst estimate. EPS of $0.38 also surpassed expectations. Revenues grew due to high travel demand in India. Stock up 194% in the last 12 months.
VirTra shares down after reporting worse-than-expected Q1 results with revenue decline of 19% due to delays in federal funding and cost increases from Microsoft contract. CEO anticipates revenue growth with launch of V-XR, CFO sees growth in recurring revenue streams.
Nu Holdings reported first-quarter revenue of $2.7 billion, which beat the consensus estimate of $2.49 billion, according to estimates from Benzinga Pro. The company reported quarterly net income of $379 million.
Cannabis producer Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) announced on Wednesday its financial and operating results for the first quarter ended March 31, 2024. "I want to thank the Cresco team for taking our learnings from the Year-of-the-Core, making them a part of our DNA and producing such a strong start to 2024," Charles Bachtell, CEO of Cresco Labs, said. "The continued development of our teams' capabilities and our relentless focus on efficient execution is leading to very strong performance across our retail and branded product business resulting in a 10x increase in operating cash flow year-over-year."
Ideal Power Inc (NASDAQ:IPWR) reported first-quarter FY24 commercial revenue of $78,739, a notable increase from zero last year. Operating expenses fell to $2.5 million from $2.6 million. The company completed a public offering, raising $15.7 million, and held $20.2 million in cash by March 31, 2024, with no outstanding long-term debt. Ideal Power expects its SymCool power module to drive early sales in industrial markets.
Monday.com reported strong Q1 results with revenue of $217M (34% Y/Y) and EPS of $0.61 (beat analyst estimates). Outlook for Q2 and 2024 also positive. Stock up 19%.
Operational highlights from the first quarter of 2024:Initiated a Strategic Property MonetizationExecuted Contract to Sell St Mary's Site for $1.35MAcquired XENE Real Estate AI SoftwareSecured Financing for Norman Berry