Latest News for Steppe Gold Stock (OTC:STPGF)

Steppe Gold

Steppe Gold Ltd is a precious metals exploration and development company focused on opportunities in Mongolia. The company's commercially producing mine is the Altan Tsagaan Ovoo Property (the "ATO Project" or "ATO Mine"), located in Eastern Mongolia. The Company generates revenue from the sale of gold and silver , also majority of the company's revenue is derived from the sale of gold in Mongolia at spot rate.

STEPPE GOLD LIMITED by Steppe Gold Limited

Steppe Gold Ltd

Trading platform Robinhood Markets (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) reported first-quarter financial results <a href="https://www.benzinga.com/calendars/earnings">after the market close Wednesday.</a>
Here are the key highlights.
What Happened: Robinhood reported record revenue of $618 million, up 40% year-over-year. The revenue total beat a Street consensus estimate of $548.6 million, according to <a href="https://www.benzinga.com/pro/feature/newsfeed?gspk=bHVrZWphY29iaTUzNDg&amp;gsxid=tdEE0VrK8Jeg&amp;ref=lukejacobi5348">data from Benzinga Pro.</a>
The company reported earnings per share of 18 cents in the first quarter, which beat a Street consensus estimate of 5 cents per share.
Transaction-based revenue was $329 million in the first quarter, up 59% year-over-year. Of the total, cryptocurrency revenue was $126 million, up 232% year-over-year. Options revenue of $154 million was up 16% year-over-year and equities revenue of $39 million was up 44% year-over-year.
Robinhood said it recorded net deposits of $11.2 billion in the first quarter and net positive transfers from "every incumbent brokerage firm."
Gold subscribers hit a new high of 1.7 million in the first quarter, up 42% year-over-year. The Gold subscriber growth was the fastest in quarterly growth in three years, the company said.
The growth comes with the Robinhood Gold Credit Card announcement in the first quarter. Over 1 million customers have joined the waitlist, the company said.
"We continued to aggressively execute on our product roadmap in Q1, leading to all-time highs for Net Deposits and Gold Subscribers," Robinhood CEO Vlad Tenev said.
Chief Financial Officer Jason Warnick said revenue, net income and earnings per share all set company records in the first quarter, coinciding with the company stepping up marketing and growth investments.
Funded customers for the company totaled 23.9 million at quarter&#8217;s end, an increase of 810,000. Investment accounts totaled 24.4 million, up 1.1 million year-over-year. Monthly active users totaled 13.7 million in the quarter, up 16% year-over-year.
Robinhood&#8217;s 24-hour market has shown $10 billion in trading volume since its launch, the company said. 
Related Link: <a href="https://www.benzinga.com/news/24/05/38680542/robinhoods-sec-challenges-likely-overblown-shares-up-as-market-shrugs-off-crypto-concerns-analyst">Robinhood&#8217;s SEC Challenges Likely Overblown, Shares Up as Market Shrugs Off Crypto Concerns: Analyst</a>
What's Next: The company said it expects adjusted operating expenses and stock-based compensation to be in a range of $1.85 billion to $1.95 billion for the full year.
"Our 2024 expense plan includes growth investments in new products, features, and international expansion while also getting more efficient in our existing businesses," according to Robinhood. 
Tenev praised the start to Robinhood&#8217;s fiscal year. 
"Q2 is off to a strong start with April being our highest month of the year for Net Deposits and Gold Subscriber growth, and we're excited to see strong interest from over 1 million customers in our Robinhood Gold Card," Tenev said in a statement. 
HOOD Price Action: Robinhood shares are up 5% to $18.70 in after-hours trading Wednesday versus a 52-week trading range of $7.91 to $20.55.
Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38670552/robinhoods-expected-move-to-profitability-in-2024-a-positive-sign-ahead-of-q1-earni">Robinhood&#8217;s Expected Move To Profitability In 2024 &#8216;A Positive Sign&#8217; Ahead Of Q1 Earnings, Analyst Says</a>
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HOOD

Robinhood Q1 Earnings Highlights: Revenue Beat, EPS Beat, Over 1 Million On Gold Credit Card Waitlist

Full Year 2024:
<ul>
<li>Total Revenue year over year growth in the range of 8% to 11%.
<ul>
<li>Bumble App Revenue year over year growth in the range of 9% to 11%.</li>
</ul>
</li>
<li>Adjusted EBITDA margin growth of at least 300 basis points.</li>
</ul>
Actual results may differ materially from Bumble's financial outlook as a result of, among other things, the factors described under "Forward-Looking Statements" below.

Guidance

BMBL

Bumble Sees FY24 Total Revenue YoY Growth In The Range Of 8%-11%; Bumble App Revenue YoY Growth In The Range Of 9%-11%; Adjusted EBITDA Margin Growth Of At Least 300 Basis Points

Second Quarter 2024:
<ul>
<li>Total Revenue in the range of $269 million to $275 million, which includes:
<ul>
<li>Bumble App Revenue of $218 million to $222 million.</li>
</ul>
</li>
<li>Adjusted EBITDA in the range of $69 million to $73 million.</li>
</ul>

Bumble Sees Q2 Revenue $269M-$275M Vs $278.63M Est.; Bumble App Revenue Of $218M-$222M; Adjusted EBITDA In The Range Of $69M-$73M

AMC Says It Is Exceedingly Confident In Ongoing Recovery Trajectory With Many More Films Slated For Remainder Of 2024, 2025 And Even Well Into 2026

Vanda Pharma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VNDA#NASDAQ">VNDA</a>) reported quarterly losses of $(0.07) per share which missed the analyst consensus estimate of $0.05 by 240 percent. The company reported quarterly sales of $47.462 million which missed the analyst consensus estimate of $48.500 million by 2.14 percent. This is a 24.06 percent decrease over sales of $62.498 million the same period last year.

Earnings Misses

VNDA

Vanda Pharma Q1 2024 GAAP EPS $(0.07) Misses $0.05 Estimate, Sales $47.462M Miss $48.500M Estimate

CENT

Central Garden & Pet Continues To Expect 2024 Adj. EPS $2.00+ ($2.50+ Before Feb, 2024 Dividend)

AMC Says Q2 Box Office Will Continue To Be Affected By The 2023 Hollywood Strikes, But Continues To Be Ebullient About Upcoming Film Lineup In Second Half Of 2024 And Throughout 2025

Standard BioTools (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAB#NASDAQ">LAB</a>) reported quarterly losses of $(0.27) per share which missed the analyst consensus estimate of $(0.12) by 125 percent. This is a 28.57 percent decrease over losses of $(0.21) per share from the same period last year. The company reported quarterly sales of $45.540 million which missed the analyst consensus estimate of $46.006 million by 1.01 percent. This is a 81.30 percent increase over sales of $25.119 million the same period last year.

Standard BioTools Q1 2024 GAAP EPS $(0.27) Misses $(0.12) Estimate, Sales $45.540M Miss $46.006M Estimate

WIIM

EHAB

Enhabit shares are trading lower after the company reported mixed Q1 results and announced it has concluded its review of strategic alternatives, in which the board decided that continuing to execute on the company's strategic plan as an independent, public company is in the best interests of the company and shareholders .

NeuroPace (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NPCE#NASDAQ">NPCE</a>) reported quarterly losses of $(0.32) per share which beat the analyst consensus estimate of $(0.33) by 3.03 percent. This is a 21.95 percent increase over losses of $(0.41) per share from the same period last year. The company reported quarterly sales of $18.124 million which beat the analyst consensus estimate of $17.302 million by 4.75 percent. This is a 25.23 percent increase over sales of $14.472 million the same period last year.

Earnings Beats

NPCE

NeuroPace Q1 2024 GAAP EPS $(0.32) Beats $(0.33) Estimate, Sales $18.124M Beat $17.302M Estimate

Green Thumb Industries (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GTBIF#OTC">GTBIF</a>) reported quarterly earnings of $0.13 per share which beat the analyst consensus estimate of $0.05 by 160 percent. The company reported quarterly sales of $276.000 million which beat the analyst consensus estimate of $269.115 million by 2.56 percent. This is a 11.05 percent increase over sales of $248.536 million the same period last year.

GTBIF

Green Thumb Industries Q1 2024 Adj EPS $0.13 Beats $0.05 Estimate, Sales $276.000M Beat $269.115M Estimate

Core Scientific, Inc. - Class A Common Stock

CORZ

Core Scientific Q1 2024 GAAP EPS $0.78 May Not Compare To $0.08 Estimate, Sales $179.300M Beat $154.667M Estimate

QuinStreet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QNST#NASDAQ">QNST</a>) reported quarterly earnings of $0.06 per share which met the analyst consensus estimate. This is a 45.45 percent decrease over earnings of $0.11 per share from the same period last year. The company reported quarterly sales of $168.587 million which beat the analyst consensus estimate of $166.954 million by 0.98 percent. This is a 2.37 percent decrease over sales of $172.671 million the same period last year.

QNST

QuinStreet Q3 2024 Adj EPS $0.06, Inline, Sales $168.587M Beat $166.954M Estimate

Hamilton Insurance Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HG#NYSE">HG</a>) reported quarterly earnings of $1.38 per share which beat the analyst consensus estimate of $1.06 by 30.19 percent. This is a 181.63 percent increase over earnings of $0.49 per share from the same period last year. The company reported quarterly sales of $658.64 million which beat the analyst consensus estimate of $450.60 million by 46.17 percent. This is a 104.31 percent increase over sales of $322.38 million the same period last year.

Hamilton Insurance Group Q1 EPS $1.38 Beats $1.06 Estimate, Sales $658.64M Beat $450.60M Estimate

AMC Enter Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>) reported quarterly losses of $(0.78) per share which beat the analyst consensus estimate of $(0.79) by 1.27 percent. This is a 40.46 percent increase over losses of $(1.31) per share from the same period last year.

AMC Enter Hldgs Q1 2024 Adj EPS $(0.78) Beats $(0.79) Estimate

Globalstar (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/GSAT#AMEX">GSAT</a>) reported quarterly losses of $(0.01) per share which met the analyst consensus estimate. The company reported quarterly sales of $56.48 million which beat the analyst consensus estimate of $54.74 million by 3.19 percent. This is a 3.69 percent decrease over sales of $58.64 million the same period last year.

GSAT

Globalstar Q1 2024 GAAP EPS $(0.01), Inline, Sales $56.48M Beat $54.74M Estimate

8x8 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGHT#NASDAQ">EGHT</a>) reported quarterly earnings of $0.08 per share which beat the analyst consensus estimate of $0.06 by 33.33 percent. The company reported quarterly sales of $179.413 million which beat the analyst consensus estimate of $178.832 million by 0.33 percent. This is a 2.77 percent decrease over sales of $184.529 million the same period last year.

EGHT

8x8 Q4 2024 Adj EPS $0.08 Beats $0.06 Estimate, Sales $179.413M Beat $178.832M Estimate

MGNI

Magnite shares are trading higher after the company reported Q1 financial results.

TaskUs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TASK#NASDAQ">TASK</a>) reported quarterly earnings of $0.30 per share which beat the analyst consensus estimate of $0.29 by 3.45 percent. This is a 6.25 percent decrease over earnings of $0.32 per share from the same period last year. The company reported quarterly sales of $227.470 million which beat the analyst consensus estimate of $223.968 million by 1.56 percent. This is a 3.33 percent decrease over sales of $235.306 million the same period last year.

TASK

TaskUs Q1 2024 Adj EPS $0.30 Beats $0.29 Estimate, Sales $227.470M Beat $223.968M Estimate

AMC Enter Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>) reported quarterly sales of $951.400 million which beat the analyst consensus estimate of $871.002 million by 9.23 percent. This is a 0.31 percent decrease over sales of $954.400 million the same period last year.

AMC Enter Hldgs Q1 Sales $951.400M Beat $871.002M Estimate

Steppe Gold Ltd. (TSE:STGO) has released an update. Steppe Gold Ltd. announced board adjustments with the resignation of director Matthew Wood, one...

Steppe Gold Announces Key Board Reorganization

Steppe Gold Ltd. (TSE:STGO) has released an update. Steppe Gold Ltd. has announced an extension to the exclusivity period for their proposed all-sh...

Steppe Gold Extends Boroo Gold Acquisition Period

Steppe Gold Ltd. (TSE:STGO) has released an update. Steppe Gold Limited, a leading precious metals company in Mongolia, has amended its gold prepay...

Steppe Gold Secures Additional Funding, Boosts Liquidity

Steppe Gold Ltd. (TSE:STGO) has released an update. Steppe Gold Ltd. has successfully drawn down $40.4 million from its project finance package to ...

Steppe Gold Advances ATO Mine Expansion

Steppe Gold Ltd. (TSE:STGO) has released an update. Steppe Gold Ltd., a leading precious metals company in Mongolia, has announced the resignation ...

Steppe Gold Streamlines Leadership and Focuses on Growth

Steppe Gold announces resignation of chief operating officer Greg Wood

Steppe Gold reports Q4 results

Steppe Gold Ltd. (TSE:STGO) has released an update. Steppe Gold Ltd. has announced robust 2023 annual financial results, including significant reve...

Steppe Gold Reports Strong 2023 Financial Performance

Steppe Gold Ltd. (TSE:STGO) has released an update. Steppe Gold Ltd. announces a strategic move to become Mongolia's top gold producer by acquiring...