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Distoken Acquisition Corporation - Right (NASDAQ:DISTR) 株価情報, 空売り情報

Distoken Acquisition Corporation - Right

DISTRIBUIDORA INT ALI NEW by Distribuidora Internacional De Alimentacion SA

Distribuidora Internacional De Alimentacion SA

Distribution Solutions Group, Inc. - Common Stock

Distribution Solutions Group Inc

DISTRICT COPPER CORP by District Copper Corp.

District Copper Corp

DISTRICT METALS CORP by District Metals Corp.

District Metals Corp

District0x - United States Dollar

district0x - United States Dollar

2025 Financial Guidance
<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">Full Year 2025 Guidance</td>
<td colspan="1" rowspan="1">Full Year 2024 Actuals</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Net revenue</td>
<td colspan="1" rowspan="1">$3.0 billion - $3.1 billion</td>
<td colspan="1" rowspan="1">$2.79 billion</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Adjusted EBITDA (1)</td>
<td colspan="1" rowspan="1">$650 million - $675 million</td>
<td colspan="1" rowspan="1">$627 million</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Adjusted diluted EPS (2)</td>
<td colspan="1" rowspan="1">$0.65 - $0.70</td>
<td colspan="1" rowspan="1">$0.58</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Operating cash flow</td>
<td colspan="1" rowspan="1">$255 million - $285 million</td>
<td colspan="1" rowspan="1">$295 million</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Operating cash flow, excluding discrete items (3)</td>
<td colspan="1" rowspan="1">$280 million - $310 million</td>
<td colspan="1" rowspan="1">$348 million</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Capital expenditures (4)</td>
<td colspan="1" rowspan="1">Approximately $100 million</td>
<td colspan="1" rowspan="1">$52 million</td>
</tr>
</tbody>
</table>
</figure>

Earnings

News

Guidance

Health Care

General

AMRX

Amneal Expects 2025 Revenues Of $3B-$3.1B And Adjusted EPS Of $0.65-$0.70 Versus Consensus Of $2.896B And $0.71, Respectively

Northwest Natural Hldg (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NWN#NYSE">NWN</a>) reported quarterly earnings of $1.41 per share which beat the analyst consensus estimate of $1.37 by 2.92 percent. The company reported quarterly sales of $370.88 million which missed the analyst consensus estimate of $395.05 million by 6.12 percent. This is a 4.26 percent increase over sales of $355.71 million the same period last year.

Earnings Beats

Earnings Misses

Northwest Natural Hldg Q4 2024 Adj EPS $1.41 Beats $1.37 Estimate, Sales $370.88M Miss $395.05M Estimate

Amneal Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMRX#NASDAQ">AMRX</a>) reported quarterly earnings of $0.12 per share which missed the analyst consensus estimate of $0.15 by 20 percent. This is a 14.29 percent decrease over earnings of $0.14 per share from the same period last year. The company reported quarterly sales of $730.52 million which beat the analyst consensus estimate of $707.55 million by 3.25 percent. This is a 18.40 percent increase over sales of $616.98 million the same period last year.

Amneal Pharmaceuticals Q4 2024 Adj EPS $0.12 Misses $0.15 Estimate, Sales $730.52M Beat $707.55M Estimate

Intl Cons Airlines Group (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ICAGY#OTC">ICAGY</a>) reported quarterly earnings of $0.28 per share which beat the analyst consensus estimate of $0.17 by 64.71 percent. This is a 33.33 percent increase over earnings of $0.21 per share from the same period last year. The company reported quarterly sales of $8.59 billion which beat the analyst consensus estimate of $7.65 billion by 12.30 percent. This is a 10.44 percent increase over sales of $7.78 billion the same period last year.

Internationalnsolidated Airlines Group Sponsored American Depository Receipt

ICAGY

Intl Cons Airlines Group Q4 Adj EPS $0.28 Beats $0.17 Estimate, Sales $8.59B Beat $7.65B Estimate

U.S. stock futures rose on Friday following Thursday&#8217;s sell-off. Futures of all benchmark indices advanced in premarket trading, except the small-cap gauge Russell 2000.
Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) fell over 8% on Thursday, dragging the tech-heavy Nasdaq 100 down despite the strong quarter as its gross margins fell sequentially, caused by the ramp-up in the production of its Blackwell chips.
Meanwhile, President Donald Trump escalated tariff threats against Mexico and Canada, saying that it will go into effect as scheduled on March 4, in a social media post. He further threatened additional tariffs on China, following his pledge to impose 25% tariffs on the EU.
Investors await Friday&#8217;s personal consumption expenditure inflation data amid uncertainty over interest rate cuts as it is the Federal Reserve&#8217;s preferred inflation gauge.
The 10-year Treasury yield stood at 4.25%, while the two-year yield was at 4.05%. According <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">to</a> the CME Group's FedWatch tool, there is a 94.5% chance that the Federal Reserve will keep interest rates unchanged for the March meeting.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>0.27%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.30%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.27%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-0.06%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, rose in premarket on Friday. SPY was up 0.35% to $587.09, and QQQ advanced 0.28% to $501.67, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Cues From The Last Session
Most sectors in the S&amp;P 500 ended lower Thursday, with technology and communication services leading the decline. However, financial and energy stocks bucked the trend.
The Nasdaq Composite dropped over 500 points, dragged down by Nvidia&#8217;s 8% plunge after its Q4 earnings.
Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) declined after missing revenue estimates, whereas, SoundHound AI Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>) rose in after-hours after beating analyst expectations. Rocket Lab USA Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>) shares dropped after a weak first-quarter guidance.
Economic data showed a slight upward revision to fourth quarter GDP according to its second reading released on Thursday. Also, initial jobless claims rose by 22,000 from the previous week to 242,000, the most in over two months and above market expectations of 221,000.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>-2.78%</td>
<td>18,544.42</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-1.59%</td>
<td>5,861.57</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.45%</td>
<td>43,239.50 </td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-1.59%</td>
<td>2,139.66</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts
Ryan Detrick, the chief market strategist at Carson Research highlighted that the first quarter of a post-election year tends to be &#8220;quite weak&#8221;. &#8220;This choppy start to 2025 isn&#8217;t abnormal. Don&#8217;t panic,&#8221; he added.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">As we&#39;ve noted many times, the first quarter of a post-election year tends to be quite weak. This choppy start to 2025 isn&#39;t abnormal. Don&#39;t panic. <a href="https://t.co/5tQjYeqd6G">pic.twitter.com/5tQjYeqd6G</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1895314476557312425?ref_src=twsrc%5Etfw">February 28, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
He also continued reiterating his February seasonality stance via his X posts. He highlighted that junk corporate bonds, also called high-yield bonds, were up the past five days as the S&amp;P 500 was down over 4%.
&#8220;If the end was near like they keep telling us this wouldn&#8217;t be the case. Remain calm, this is simply seasonal late February shenanigans,&#8221; he said.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The S&amp;P 500 is down 4% the past five days. High yield bonds are UP the past five days. If the end was near like they keep telling us this wouldn&#39;t be the case. Remain calm, this is simply seasonal late February shenanigans. <a href="https://t.co/FF2TtFJGz5">pic.twitter.com/FF2TtFJGz5</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1895318792634606066?ref_src=twsrc%5Etfw">February 28, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Furthermore, he dismissed the validity of price-to-earnings ratio, saying that there was no &#8220;correlation between P/E multiples and what stocks will do a year later.&#8221;
George Smith, portfolio strategist at LPL Financial highlighted his take on investor sentiment by analyzing survey data from the American Association of Individual Investors and Bank of America Global Fund Manager Survey.
AAII&#8217;s latest sentiment survey reveals significantly bearish sentiment among individual investors for the fourth consecutive week, with the bull-bear spread at a 10-year high. This extreme bearishness, viewed through a contrarian lens, could be a positive signal for stocks, said Smith.
However, the BofA Global Fund Manager Survey presents a more mixed picture, with professional investors cautiously optimistic about the economy but concerned about overvalued U.S. equities. Overall, these surveys suggest a relatively neutral market outlook, aligning with LPL Research&#8217;s neutral stance on equities due to a balance of positive and negative factors, explained Smith.
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures </a>
Upcoming Economic Data
Here&#8217;s what investors will keep on Friday:
<ul>
<li>January's personal income, spending, core and headline PCE index, advanced U.S. trade balance in goods, retail and wholesale inventories will be out by 8:30 a.m., ET.</li>
</ul>
<ul>
<li>Richmond Fed President Tom Barkin will speak at 8:30 a.m., ET as well.</li>
</ul>
<ul>
<li>February's Chicago business barometer data will be released at 9:45 a.m., ET.</li>
</ul>
<ul>
<li>Chicago Fed President Austan Goolsbee will speak at 10:15 p.m., ET.</li>
</ul>
Stocks In Focus:
<ul>
<li>Owens &amp; Minor Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OMI#NYSE">OMI</a>) rose 0.78% in the premarket on Friday ahead of its earnings, which will be released before the opening bell. Analysts expect it to report earnings of 52 cents per share on the revenue of $2.69 billion.</li>
</ul>
<ul>
<li>Chart Industries Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GTLS#NYSE">GTLS</a>) declined 0.14% as Wall Street expects it to report quarterly earnings of $3.15 per share on revenue of $1.17 billion before the opening bell.</li>
</ul>
<ul>
<li>Integral Ad Science Holding Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IAS#NASDAQ">IAS</a>) fell 1.55% ahead of its earnings, which will be released before the opening bell. Analysts expect it to report earnings of 25 cents per share on the revenue of $148.83 million.</li>
</ul>
<ul>
<li>HP Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) was 3.41% lower despite meeting EPS and revenue estimates as it guided for lower than expected second-quarter adjusted EPS between 75 to 85 cents.</li>
</ul>
<ul>
<li>Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) dropped 2.06% as it missed the revenue expectations amid a mixed quarter.</li>
</ul>
<ul>
<li>SoundHound AI Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>) jumped 5.86% after posting a strong quarter and issuing a positive guidance for the next fiscal year.</li>
</ul>
<ul>
<li>Rocket Lab USA Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>) slumped 10.99% as it reported a weaker than expected first quarter guidance.</li>
</ul>
<ul>
<li>Rapid Micro Biosystems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RPID#NASDAQ">RPID</a>) climbed 40.48% as it signed a 5-year global distribution deal with MilliporeSigma.</li>
</ul>
<ul>
<li>Virpax Pharmaceuticals Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRPX#NASDAQ">VRPX</a>) surged 39.04% as it reported positive human study results for its Molecular Envelope Technology, a key component in its Envelta and NobrXiol products, with no moderate to severe adverse events.</li>
</ul>
<ul>
<li>Powell Max Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PMAX#NASDAQ">PMAX</a>) zoomed 77.05% as it announced that it will acquire Miracle Media Production from Vision Access Enterprises and M Digital Partners Company. The acquisition is expected to enhance Powell Max&#8217;s services and create synergies.</li>
</ul>
Commodities, Gold And Global Equity Markets:
Crude oil futures were trading lower in the early New York session by 1.11% to hover around $69.57 per barrel.
The gold spot index was down by 0.53% to $2,861.73 per ounce. Its last record high was at $2,956.37. The Dollar Index was up 0.12% at the 107.373 level.
Asian markets fell on Friday, including Japan's Nikkei 225, China's CSI 300, Australia's ASX 200, India's S&amp;P BSE Sensex, South Korea's Kospi, and Hong Kong's Hang Seng index. European markets were also mostly lower in trade.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/02/44035798/dell-technologies-projects-15-billion-ai-server-revenue-for-fy26-raises-dividend-18-amid-a-mixed-quarter">Dell Technologies Projects $15 Billion AI Server Revenue For FY26, Raises Dividend By 18% Amid A Mixed Quarter</a></li>
</ul>
Photo courtesy: Shutterstock

Equities

Government

Market Summary

Futures

Treasuries

Economics

Pre-Market Outlook

Markets

Analyst Ratings

DELL

GTLS

NVDA

PMAX

RKLB

RPID

SOUN

VRPX

US Stocks Likely To Open Higher Following A Sell-Off, 'This Choppy Start To 2025 Isn't Abnormal. Don't Panic,' Says Expert Highlighting Seasonal Weakness In The First Quarter After Elections

Telsey Advisory Group analyst Dana Telsey maintains Gap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GAP#NYSE">GAP</a>) with a Market Perform and maintains $26 price target.

Price Target

Telsey Advisory Group Maintains Market Perform on Gap, Maintains $26 Price Target

Telsey Advisory Group analyst Dana Telsey maintains J.Jill (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JILL#NYSE">JILL</a>) with a Market Perform and maintains $31 price target.

JILL

Telsey Advisory Group Maintains Market Perform on J.Jill, Maintains $31 Price Target

In Friday&#8217;s pre-market trading, Strategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) saw a 3.18% dip in its stock, following a 7% decrease in Bitcoin&#8216;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) value over the past day, according to <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43936143/mstr-stock-falls-over-5-in-tuesday-pre-market-whats-going-on">Benzinga Pro</a>.
What Happened: The shares of Strategy, which recently&nbsp;added nearly $2 billion worth&nbsp;of Bitcoin to its portfolio, fell during today&#8217;s pre-market session after Bitcoin declined 7% over the past 24 hours and nearly 20% over the past seven days. The cryptocurrency slipped below $80,000, marking nearly a 25% fall from its all-time high. 
Despite the company&#8217;s aggressive Bitcoin accumulation strategy significantly boosting its stock market capitalization, critics question the long-term viability of this approach. Peter Schiff, a prominent economist and market commentator, criticized the company&#8217;s debt-fueled bitcoin purchases, pointing out the company&#8217;s declining share price and the shrinking Net Asset Value premium.
SEE ALSO: <a href="https://www.benzinga.com/government/regulations/25/02/44006332/nvidia-faces-new-ai-chip-challenge-as-huawei-gains-ground-in-china-despite-us-sanctions">Nvidia Faces New AI Chip Challenge As Huawei Gains Ground In China Despite US Sanctions</a>
Why It Matters: Bitcoin&#8217;s recent decline has sparked debates among traders about the end of the bull market. Crypto chart analyst Ali Martinez noted that <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/44016927/bitcoin-drops-below-85000-what-does-technical-analysis-say">Bitcoin has entered</a> oversold conditions for the first time since August 2024, a period followed by a 33% rebound. This sparks concern for Strategy, which has a Bitcoin holding worth nearly $ 43 billion, making it a major corporate holder of the cryptocurrency.
Strategy stock plunged nearly 50% from its all-time high of $473.83 on Nov. 21. On Monday, Barclays lowered their target price on MSTR from $515.00 to $421.00 and set an &#8220;overweight&#8221; rating on the stock.
Last week, Strategy's co-founder Michael Saylor met with the SEC's Crypto Task Force to discuss potential regulatory reforms while protecting crypto holders&#8217;&nbsp;rights. He also presented his&nbsp;strategic Bitcoin reserve plan to&nbsp;the SEC, aiming to generate&nbsp;between $16 billion to $81&nbsp;trillion in wealth for the&nbsp;U.S. Treasury. 
<ul>
<li>READ MORE: <a href="https://www.benzinga.com/trading-ideas/movers/25/02/44031605/bitcoin-ethereum-lose-dogecoin-gains-amid-trumps-tariff-war-moves-has-btc-hit-a-bottom-yet">Bitcoin, Ethereum Lose, Dogecoin Gains Amid Trump&#8217;s Tariff War Moves: Has BTC Hit A Bottom Yet?</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

$BTC

MSTR

MSTR Stock Falls Over 3% In Friday Pre-Market: What's Going On?

Tesla Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Cybertruck vehicles are reportedly piling outside the company&#8217;s gigafactory in Texas and collecting dust, forcing the company to resort to aggressive discounting.
What Happened: According to a report <a href="https://www.forbes.com/sites/peterlyon/2025/02/27/thousands-of-tesla-cybertrucks-gather-dust-even-with-6000-discount/">by</a> Forbes, the company&#8217;s inventory for the trucks is piling up owing to lower-than-expected sales.
Tesla&#8217;s inventory in the U.S. still has model year 2024 vehicles in addition to model year 2025 ones. The company is now offering discounts up to $6000 on model year 2024 foundation series Cybertrucks and $4000 on non-foundation series Cybertrucks in its inventory.
The Cybertruck is one of Tesla&#8217;s more premium offerings. The vehicle starts at $79,990 for the base all-wheel drive variant and at $99,990 for the more premium Cyberbeast variant.
According to data from automotive research firm Kelley Blue Book, the Cybertruck was Tesla&#8217;s third best-selling vehicle in the U.S. in 2024, after its mass-market offerings Model 3 and Model Y. The company sold&nbsp;<a href="https://www.benzinga.com/25/01/42967593/cybertruck-sales-rise-in-2024-weighed-down-on-tesla-model-s-deliveries-in-us-shows-data" target="_blank" rel="noreferrer noopener">38,965 units in the 12 months through the end of December</a>, significantly higher than the number of Model S or Model X sold in the country but less than the expected delivery volume for the vehicle. 
Tesla CEO Elon Musk previously said that the company is eyeing a production rate of <a href="https://www.benzinga.com/24/12/42262279/a-year-after-teslas-first-cybertruck-deliveries-the-truck-has-a-long-way-to-go-to-meet-musks-goals">250,000 Cybertrucks a year</a> in 2025. The number seems unlikely given the weak demand.
Analyst Take: Researcher&nbsp;Troy Teslike, who tracks Tesla&#8217;s production and delivery numbers,&nbsp;expects the EV giant to sell just 21,000 Cybertrucks in 2025, lower than the sales of the stainless steel truck in 2024.
"The order backlog is gone. Tesla ended 2024 with 10,600 unsold Cybertrucks because of too much production and low demand," the researcher said earlier this month while also dismissing the possibility of a cheaper Cybertruck variant launch this year.
"A cheaper Cybertruck this year is unlikely because the Cybertruck is not profitable. A cheaper version would make things worse," he said.
Tesla started delivering the Cybertruck in the U.S. four years after unveiling it in November 2023. The company sold only its limited edition foundation series initially, priced nearly $20,000 more than the non-foundation series of the truck. The non-foundation series Cybertucks started to be sold only in the fourth quarter of 2024.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/tech/25/02/44000938/stellantis-executive-chairman-speaks-out-against-tariffs-on-vehicles-made-in-mexico-canada-real-opportunity-is-4m-cars-that-are-sold-in-america-that-dont-have-any-us-content" target="_blank" rel="noreferrer noopener">Stellantis Executive Chairman Speaks Out Against Tariffs On Vehicles Made In Mexico, Canada: ‘Real Opportunity Is… 4M Cars That Are Sold In America That Don&#8217;t Have Any US Content&#8217;</a></li>
</ul>
Photo courtesy: Shutterstock

Tech

TSLA

Tesla Cybertruck Inventory Swells Despite Discounts, Falling Short of Elon Musk's Vision

Alkami Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALKT#NASDAQ">ALKT</a>) shares are trading higher premarket on Friday. On Thursday, the company reported fourth-quarter results, with revenue of $89.66 million, slightly above <a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/n44024710/alkami-announces-fourth-quarter-2024-financial-results" rel="noreferrer noopener">the consensus of $89.65 million</a>.
Adjusted gross margin expanded to 63.1% from 60.3% a year-ago quarter.
Adjusted EBITDA rose significantly to $10.2 million from&nbsp;$3.1 million&nbsp;in the year-ago quarter. Adjusted EPS of $0.11&nbsp;exceeded <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">the consensus of $0.08</a>.
Outlook: Alkami Technology projects first-quarter adjusted EBITDA of&nbsp;$9.5 million-$10.5 million and revenue of $93.5 million-$95.0 million<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener"> vs. consensus of $95.03 million</a>.
For FY25, the company forecasts sales of $440 million-$445 million, vs. the estimate of $414.64 million and adjusted EBITDA of&nbsp;$47.0 million-$51.0 million.
Bryan Hill, Chief Financial Officer, said,&nbsp;&#8220;In 2024, we added 2.5 million registered users to our digital banking platform, ending the year with 20 million digital banking users. We exited 2024 with annual recurring revenue of&nbsp;$356 million, up 22% compared to&nbsp;December 31, 2023&nbsp;and revenue per registered user of&nbsp;$17.81, up 7% compared to the year-ago quarter.&#8221;
Acquisition deal: In a separate release, the company disclosed a definitive deal to acquire Fin Technologies, Inc. <a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/n44024708/alkami-to-acquire-mantl-to-expand-account-opening-capabilities" rel="noreferrer noopener">for an enterprise value of $400 million</a>.
Founded in 2016 by&nbsp;Nathaniel Harley&nbsp;and&nbsp;Benjamin Conant, MANTL has helped its clients raise over&nbsp;$31 billion&nbsp;in deposits while saving employees more than 350,000 hours through automation and process transformation.
The transaction will be conducted on a debt-free, cash-free basis, with customary purchase price adjustments expected to total approximately $7 million.
Alkami intends to finance the acquisition with around $380 million in cash, along with restricted stock units valued at approximately $13 million, which will be issued to continuing MANTL employees at closing as a replacement for unvested compensatory stock options.
The MANTL acquisition, which is subject to standard closing conditions, is anticipated to be finalized by or before March 31, 2025.
Beginning in the second quarter of 2025, Alkami anticipates MANTL will contribute around $30 million in revenue and an Adjusted EBITDA loss of $5 million to its full-year financial results.
Additionally, MANTL&#8217;s annual recurring revenue under contract is projected to reach approximately $60 million by December 31, 2025, representing growth of more than 30% Y/Y.
Alex Shootman, Alkami Chief Executive Officer said, &#8220;This business combination creates a tremendous opportunity for Alkami to expand market share and generate cross sell within its client base, driving additional revenue growth and enhancing our competitive offering among financial institutions.&#8221;
Price Action: ALKT shares are down 1.24% at $28.60 premarket at the last check Friday.\
Read Next:
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<li><a href="https://www.benzinga.com//node/44035798" target="_blank" rel="noreferrer noopener">Dell Technologies Projects $15 Billion AI Server Revenue For FY26, Raises Dividend By 18% Amid A Mixed Quarter</a></li>
</ul>
Photo via Shutterstock.

Mid Cap

Movers

ALKT

Alkami Technology Beats Q4 Estimates, Strengthens Digital Banking Platform With $400 Million FinTech Acquisition

Nordic American Tankers Q4 Average Time Charter Equivalent (TCE) For Its Fleet Came In At $26,416 Per Day Per Ship

Nordic American Tankers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NAT#NYSE">NAT</a>) reported quarterly earnings of $0.01 per share which missed the analyst consensus estimate of $0.04 by 75 percent. This is a 87.5 percent decrease over earnings of $0.08 per share from the same period last year. The company reported quarterly sales of $46.39 million which missed the analyst consensus estimate of $51.38 million by 9.72 percent. This is a 21.71 percent decrease over sales of $59.25 million the same period last year.

Nordic American Tankers Q4 2024 GAAP EPS $0.01 Misses $0.04 Estimate, Sales $46.39M Miss $51.38M Estimate

Macro Economic Events

Econ #s

INDA

India Gross Domestic Product Quarterly (YoY) For Q3 6.2% Vs. 6.3% Est.; 5.4% Prior

Needham analyst Mayank Tandon maintains NCR Voyix (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VYX#NYSE">VYX</a>) with a Buy and lowers the price target from $20 to $15.

Needham Maintains Buy on NCR Voyix, Lowers Price Target to $15

Needham analyst Ryan Koontz maintains Adtran Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADTN#NASDAQ">ADTN</a>) with a Buy and raises the price target from $11 to $14.

ADTN

Needham Maintains Buy on Adtran Holdings, Raises Price Target to $14

Needham analyst Ryan MacDonald maintains Privia Health Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRVA#NASDAQ">PRVA</a>) with a Buy and raises the price target from $25 to $30.

PRVA

Needham Maintains Buy on Privia Health Gr, Raises Price Target to $30

LXEH

Lixiang Education Regains Nasdaq Minimum Market Value Requirement Compliance

Needham analyst Serge Belanger reiterates Heron Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HRTX#NASDAQ">HRTX</a>) with a Buy and maintains $4 price target.

Reiteration

HRTX

Needham Reiterates Buy on Heron Therapeutics, Maintains $4 Price Target

Needham analyst David Saxon maintains Dentsply Sirona (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XRAY#NASDAQ">XRAY</a>) with a Buy and lowers the price target from $25 to $23.

XRAY

Needham Maintains Buy on Dentsply Sirona, Lowers Price Target to $23

Former U.S. Secretary of Labor, Robert Reich recently expressed his concerns over the governance style and policy decisions of the Trump administration, highlighting a stark contrast between the current state of affairs and his own experiences in the cabinet room.
What Happened: On Thursday, Reich uploaded his latest interview with MSNBC on his official YouTube channel wherein he voiced his concerns about the Trump administration. He criticized Trump&#8217;s first cabinet meeting and called it a &#8220;theatrical performance for the press&#8221;. Reich also called out the lack of real work being done.
Reich also pointed out the contradiction between President Trump&#8217;s promise not&nbsp;to touch Social Security, Medicare&nbsp;or Medicaid and the recent budget resolution that&nbsp;instructs the Energy and Commerce&nbsp;Committee to slash Medicaid by&nbsp;an unprecedented $880 billion. He accused the Trump administration of lying to the public and fostering a culture of loyalty to Trump over loyalty to the U.S. The former Secretary of Labour called this a rise of dictatorship and strongly stated, &#8220;Trump&#8217;s tyranny is undeniable.&#8221;
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
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<iframe loading="lazy" title="Trump&#039;s Tyranny Is Undeniable" width="500" height="281" src="https://www.youtube.com/embed/9DRp6bie3Dw?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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</figure>
SEE ALSO: <a href="https://www.benzinga.com/news/earnings/25/02/44028619/archer-aviation-stock-falls-on-q4-earnings-the-details">Archer Aviation Stock Falls On Q4 Earnings: The Details</a>
Why It Matters: Reich&#8217;s criticisms come in the wake of two significant policy decisions by the Trump administration. Reich had <a href="https://www.benzinga.com/25/02/43774882/donald-trumps-tax-cut-could-add-46-trillion-to-deficit-says-robert-reich-emphasizing-48-billion-relief-for-top-100-us-firms-via-corporate-tax-cuts">previously criticized</a> the Trump administration&#8217;s tax reduction plans for the corporates, terming them as an "absolutely shameless giveaway," that could increase the deficit by $4.6 trillion. 
Meanwhile, despite Trump&#8217;s promise <a href="https://www.benzinga.com/personal-finance/25/02/43901103/medicaid-faces-880-billion-cuts-but-trump-says-social-security-is-safe">not to cut Social Security or Medicare</a>, the Trump administration could include a Medicaid reduction of $880 billion as part of the larger $2 trillion expenditure cut plan.
Reich&#8217;s comments underscore the growing concerns about the Trump administration&#8217;s governance style and policy decisions, and their potential impact on the American public. Even before Trump resumed his second term, Reich had warned of the likely influence of billionaires such as Tesla CEO Elon Musk and Peter Thiel in the White House. In one of his posts on X, Reich even questioned the rising net worth of Amazon founder, Jeff Bezos, when 87% of jobs at Amazon pay less than $20 an hour.
<ul>
<li>READ MORE: <a href="https://www.benzinga.com/news/25/02/43900927/mary-trump-slams-uncle-trump-and-his-corrupt-fascist-regime-are-aligned-with-the-agenda-of-vladimir-putin-and-moscow">Mary Trump Slams Uncle: &#8216;Trump and His Corrupt Fascist Regime Are Aligned With the Agenda of Vladimir Putin and Moscow&#8217;</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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