Edible Garden AG Incorporated ( EDBL ) shares are jumping today after it reported first-quarter FY24 results. Revenue increased 27.6% Y/Y to $3.1 million, missing the consensus of $3.2 million. Revenue growth was led by increased customer demand for the cut and potted herbs products and the product lineup expansion. Gross profit increased by 195.8% Y/Y, with a margin expansion of 171 basis points as the...

01:02 PM EDT, 05/15/2024 (MT Newswires) -- BeWhere Holdings ( BEWFF ) on Wednesday reported a first-quarter profit of $210,383, or $0.00 per share, up from $141,574, or $0.00, a year earlier. Revenue for the quarter ended March 31 was $3.5 million, up 31% from $2.7 million a year earlier. Adjusted EBITDA for Q1 was $357,706 versus $331,777 a year...

AEye, Inc. ( LIDR ) shares are trading higher Wednesday. The company posted its first-quarter financial results Tuesday after the market close.  The Details: AEye ( LIDR ) reported quarterly losses of $1.13 per share which beat the analyst consensus estimate of losses of $1.40 by 19.29%.  Quarterly revenue came in at $20,000, missing the analyst consensus estimate of $100,000...

01:04 PM EDT, 05/15/2024 (MT Newswires) -- Vanda Pharmaceuticals ( VNDA ) said Wednesday that its second phase 3 study of tradipitant in motion sickness yielded positive results. The results of the study, conducted in real-world conditions on boats in US coastal waters, confirmed the previously reported results of two efficacy studies showing the effectiveness of tradipitant in preventing vomiting...