Stock Region Penny Picks Newsletter - Thursday, November 14, 2024
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Disclaimer: This newsletter is for informational purposes only and does not constitute financial advice. Please conduct your own research or consult a financial advisor before making investment decisions.
$TRNR - Third Quarter Earnings Report
Net Loss: $7.1 million; Earnings per Diluted Share: $1.53
Adjusted EBITDA: $2.3 million loss, improving by $1.0 million from Q3 2023
Revenue: Achieved $2.0 million, marking a 325% growth from Q2 2024
Future Outlook: Expected revenue of $2.4 million in Q4 2024
Stockholders' Equity: $5.8 million at the end of Q3 2024
$GXAI - Gaxos Board's Strategic Move
New Strategy: Approved Bitcoin as a Treasury Reserve Asset
$CMTL - Comtech Secures Major Contract
Contract Award: $50 million SLM-5650B Modem Contract from the U.S. Navy
$ABVC - ABVC BioPharma Q3 Financial Results
Profit Achievement: First operational profit with a 102% improvement over last year
Potential Income: Up to $292 million from executed global licensing agreements
Cash Milestones: Received $496,000 for the nine months ending September 30, 2024
$DJT - Trump Media Expansion
Network Update: Full operational status of Truth+ Content Delivery Network nationwide
Platform Expansion: Supports TV streaming with live TV, on-demand content, and upcoming apps for Samsung, LG, and Roku
$EFSH - Volume Spike Noted
Market Movement: Continuation from after-hours activity, reaching a daily high of .74
Disclaimer: This newsletter is for informational purposes only and does not constitute financial advice. Please conduct your own research or consult a financial advisor before making investment decisions.
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