Jushi Holdings Inc. (OTC: JUSHF), a leading multi-state cannabis operator, reported its financial outcomes Thursday for the first quarter of 2024, highlighting advancements in profitability and operational efficiency.
Dropbox reported 18.16 million paying users for the quarter, as compared to 17.9 million for the same period last year. Paying users increased 35,000 quarter-over-quarter. Average revenue per paying user was $139.59, as compared to $138.97 for the same period last year.
Recursion reported first-quarter revenue of $13.491 million, which beat analyst estimates of $12.65 million, according to Benzinga Pro. The company reported a quarterly loss of 39 cents per share, which beat estimates for a loss of 42 cents per share.
Bloom Energy announces a power capacity agreement with Intel that will result in Silicon Valley's largest fuel cell-powered high-performance computing data center. The agreement calls for the installation of additional megawatts (MW) of Bloom Energy's fuel cell-based Energy Server at Intel's existing high-performance computing data center in Santa Clara, California.
Ginkgo Bioworks reported quarterly sales of $38 million which missed the analyst consensus estimate of $46.044 million by 17.47% and is a 52.91% decrease in sales year-over-year. The company said the decrease in sales was primarily driven by the expected ramp down of K-12 testing in Ginkgo's Biosecurity segment.
SoundHound reported first-quarter revenue of $11.6 million, which beat the consensus estimate of $10.6 million, according to Benzinga Pro. The company's top-line results were up 73% on a year-over-year basis. SoundHound reported an adjusted loss of 7 cents per share, which beat analyst estimates for a loss of 9 cents per share.
Unity Software reported first-quarter GAAP losses of 75 cents per share, missing the analyst consensus estimate of losses of 65 cents per share. Quarterly sales clocked in at $460 million, beating the analyst consensus estimate of $431.55 million by 6.59%.