-- Butterfly Network up 14%, recovers losses following Q3 2021 earnings I don't know what to do with AMMO you cannot have abetter earnings report and still it went down-- believe the numbers, believe yourself or believe the market? I find it odd with black rifle coffee or whatever coming soon... AMMO moves reverse despite ammunition led earnings beat, guidance boost Nov. 16, 2021 12:29 PM ETAMMO, Inc. (POWW) AMMO (POWW -4.7%) is down despite reporting beat on both lines in its FQ2 earnings results. Revenue of $61M (+407.9% Y/Y) beats consensus by $6M. Marketplace revenue was $16.8M; Ammunition sales was $40.2M, compared to $8.7M in 2Q21. Gross profit margin was 43.0% compared to 10.7% a year ago, driven by strong growth in ammunition along with incremental revenue from the company's marketplace segment. Adjusted EBITDA of $24M compared to a adjusted EBITDA loss of $0.4M. Backlog of over $185M. Non-GAAP EPS of $0.17 beats by $0.07; GAAP EPS of $0.11 beats by $0.01. Raises Outlook: The company now expects its FY 2022 revenue to $250M, up from prior guidance of $210M vs. consensus of $219.75M. Adjusted EBITDA guidance increased to $80M from $70M.
Stoney!!!! I saw the butterfly the other day and it was way down. What happened? Did you see the news that the Slinger was entering Romania? Thems my peeps. When do they report.
-- Aris Water Solutions initiated with a Buy at Citi 07:27 ARIS -- Glory Star New Media to build three metaverse experience centers 07:06 GSMG Glory St --Evoqua Water price target raised to $50 from $43 at Baird 06:54 AQUA Meritor to provide battery electric drivetrain technology to Paccar 06:53 MTOR, PCAR Meritor (MTOR) announced plans to provide zero emission battery electric drivetrain technology to Paccar (PCAR) for the SuperTruck 3 program. SuperTruck 3 will fund projects to electrify medium- and heavy-duty freight trucks. Additional investment will boost vehicle efficiency and expand EV Infrastructure. "We are excited to be working on the SuperTruck program again and proud of our contribution in each of the previous two initiatives," said Tim Bowes, senior vice president and president, Electrification, Industrial and North America Aftermarket, Meritor. "As part of the project, Meritor Blue Horizon technology will be utilized to develop the next generation of electric powertrains for commercial vehicles." Meritor selected to provide ePowertrain for Electra Commercial Vehicles 06:52 MTOR MTOR-$ 27.65<--- Who are they! Meritor reports Q4 adjusted EPS 80c, consensus 49c 06:48 MTOR Reports Q4 revenue $945M, consensus $975.83M. The company said, "Net income attributable to Meritor was $62 million, or $0.87 per diluted share, compared to net income attributable to Meritor of $1 million, or $0.01 per diluted share in the same period last year. Net income from continuing operations attributable to the company was $63 million, or $0.88 per diluted share, compared to net income from continuing operations attributable to the company of $1 million, or $0.01 per diluted share in the same period last year. The increase in net income year over year was driven primarily by higher sales volumes and lower tax expense including a net tax benefit from certain tax initiatives, partially offset by higher freight and steel costs. Adjusted income from continuing operations attributable to the company in the fourth quarter was $57 million, or $0.80 of adjusted diluted earnings per share, compared with $8 million, or $0.11 of adjusted diluted earnings per share in the same period last year."
Sea Limited price target raised to $380 from $350 at UBS 06:36 SE UBS analyst Navin Killa raised the firm's price target on Sea Limited to $380 from $350 and keeps a Buy rating on the shares. The analyst cites the company's "strong" Q3 results, particularly in the e-commerce segment, where gross merchandise value and revenue were up 81% and 134% respectively. Spending on sales and marketing remains elevated and gaming segment saw a slowdown, but Sea Ltd. should continue to benefits from the adoption of e-commerce and digital finance across under-penetrated regions in ASEAN and LatAm regions, Killa tells investors in a research note. Emerson Electric initiated with a Buy at Loop Capital 06:34 EMR Babcock & Wilcox unit awarded $58M contract 06:34 BW Babcock & Wilcox announced that its B&W Renewable segment has been awarded a contract for approximately $58M to design and supply an advanced waste-to-energy boiler, combustion grate and other equipment for a waste-to-energy power plant in Europe. XpresSpa price target raised to $4 from $3.50 at H.C. Wainwright 06:05 XSPA Bentley Systems to acquire Power Line Systems for $700M 05:27 BSY
lakers crossed the rubicon Lakers News: Staples Center To Be Renamed Crypto.com Arena https://lakersnation.com/lakers-news-staples-center-to-be-renamed-crypto-com-arena/2021/11/16/
<<< GBA STOCK OF DA DAY >>> INVZ I've watched this low priced stock for a long time. They always seemed interesting. Now we have a two factor upgrade from Goldman neutral to buy<----- INNOVIZ TECH<---- Innoviz Technologies upgraded to Buy from Neutral at Goldman Sachs 21:37 INVZ Goldman Sachs analyst Mark Delaney upgraded Innoviz Technologies to Buy from Neutral with a price target of $9, up from $7, implying 52% upside. The analyst believes the company has an attractive long-term opportunity to support applications and smart cities with its lidar solutions. The lidar hardware total addressable market could reach over $5B by 2025 and could be $15B or higher by 2030, Delaney tells investors in a research note. The analyst considers Innoviz "to be among the leaders in a competitive industry" and that new order wins could be a catalyst for the shares. GUMMY OF THE DAY INVZ $6.00
That could be a bad sign for crypto. I remember back in the dotcom boom when PSInet named some stadium, I think in Baltimore. Pretty sure they were bankrupt a year later. Of course I owned the stock.