Tuniu (NASDAQ:TOUR) Stock, Quote.Headers.trade-ideas

Tuniu

Tuniu Corp is an online leisure travel company. The company is engaged in the provision of travel-related services in the People's Republic of China. It offers a large selection of packaged tours, including organized tours and self-guided tours, as well as travel-related services for leisure travelers. The company's organized tours provide pre-arranged itineraries, transportation, accommodations, entertainment, meals, and tour guide services. Its self-guided tours consist of combinations of flights and hotel bookings and other optional add-ons. All the company's revenues are derived from within the People's Republic of China.

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TOUR

Tuniu sees significant revenue growth in Q4 2023, driven by packaged tours, and initiates a $10 million share repurchase program.

Why Is Online Leisure Travel Company Tuniu Stock Rising Today?

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U.S. stocks turned lower midway through trading, with the Dow Jones dropping around 50 points on Thursday.

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Tuniu Corporation - American Depositary Shares

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Tuniu Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TOUR#NASDAQ">TOUR</a>) (&quot;Tuniu&quot; or the &quot;Company&quot;), a leading online leisure travel company in&nbsp;China, today announced that it has received written notification from the staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC (&quot;Nasdaq&quot;) dated&nbsp;August 6, 2024, indicating that for the last 31 consecutive business days, the closing bid price for the Company&#39;s American depositary shares (the &quot;ADSs&quot;) was below the minimum bid price of&nbsp;US$1.00&nbsp;per share requirement set forth in&nbsp;Nasdaq Listing Rule 5450(a)(1). The Nasdaq notification letter&nbsp;has no current effect on the listing or trading of the Company&#39;s securities on the Nasdaq Global Market.
Pursuant to the Nasdaq Listing Rules 5810(c)(3)(A), the Company is provided with a compliance period of 180 calendar days, or until February 3, 2025, to regain compliance under the Listing Rules. If at any time during the 180-day compliance period, the closing bid price of the Company&#39;s ADSs&nbsp;is US$1.00 per share or higher&nbsp;for a minimum of ten consecutive business days, the Nasdaq will provide the Company written confirmation of compliance and the matter will be closed.
In the event the Company does not regain compliance by&nbsp;February 3, 2025, subject to the determination by the staff of Nasdaq, the Company may be eligible for an additional 180-day compliance period.

Government

Regulations

Tuniu Faces Nasdaq Delisting Threat if $1 Bid Price Isn't Met by February

Tuniu Expects To Generate Q3 Revenues Of RMB183.5M-RMB192.4M, Which Represents A 3%-8% Increase YoY

Tuniu (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TOUR#NASDAQ">TOUR</a>) reported quarterly earnings of $0.06 per share. The company reported $16.09 million in sales this quarter. This is a 16.74 percent increase over sales of $13.78 million the same period last year.

Tuniu Q2 EPS $0.06, Sales $16.09M Up From $13.78M YoY

Tuniu Regains Compliance With Nasdaq's Minimum Bid Price Requirement

<h3>Gainers</h3>
<ul>
<li>Tuniu (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TOUR#NASDAQ">TOUR</a>) shares moved upwards by 14.4% to $1.27 during Tuesday's pre-market session. The market value of their outstanding shares is at $149.9 million. As per the news, the Q1 earnings report came out today. </li>
<li>China Liberal Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLEU#NASDAQ">CLEU</a>) stock increased by 8.91% to $1.1. The market value of their outstanding shares is at $3.6 million. </li>
<li>Lixiang Education Hldg (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LXEH#NASDAQ">LXEH</a>) shares increased by 7.66% to $0.34. The company's market cap stands at $3.9 million. </li>
<li>XPEL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XPEL#NASDAQ">XPEL</a>) shares rose 6.46% to $40.98. The market value of their outstanding shares is at $1.1 billion. </li>
<li>Kidpik (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PIK#NASDAQ">PIK</a>) shares rose 5.99% to $3.71. The market value of their outstanding shares is at $7.2 million. </li>
<li>E-Home Household Service (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EJH#NASDAQ">EJH</a>) stock rose 5.39% to $0.58. The company's market cap stands at $10.3 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Boqii Holding (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/BQ#AMEX">BQ</a>) shares fell 12.4% to $0.39 during Tuesday's pre-market session. The market value of their outstanding shares is at $1.7 million. </li>
<li>Four Seasons Education (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FEDU#NYSE">FEDU</a>) stock fell 11.87% to $13.0. The market value of their outstanding shares is at $27.5 million. </li>
<li>Citi Trends (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTRN#NASDAQ">CTRN</a>) shares decreased by 8.73% to $22.5. The market value of their outstanding shares is at $192.0 million. As per the news, the Q1 earnings report came out today. </li>
<li>Designer Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DBI#NYSE">DBI</a>) shares declined by 7.7% to $10.2. The company's market cap stands at $589.1 million. As per the news, the Q1 earnings report came out today. </li>
<li>Lotus Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOT#NASDAQ">LOT</a>) stock declined by 5.82% to $9.71. The company's market cap stands at $6.5 billion. The company's, Q1 earnings came out 4 days ago. </li>
<li>Color Star Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADD#NASDAQ">ADD</a>) stock fell 4.97% to $0.22. The company's market cap stands at $5.0 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Tuniu shares are trading higher after the company reported a year-over-year increase in Q1 revenue results and issued Q2 revenue guidance.

Business&nbsp;Outlook
For the&nbsp;second quarter&nbsp;of 2024, Tuniu expects to generate&nbsp;RMB114.9 million&nbsp;to&nbsp;RMB119.9 million&nbsp;of net revenues, which represents a&nbsp;15%&nbsp;to&nbsp;20%&nbsp;increase year-over-year compared with net revenues in the corresponding period in 2023. This forecast reflects Tuniu&#39;s current and preliminary view on the industry and its operations, which is subject to change.

Tuniu Corp Expects Q2 Revenue of RMB114.9M-RMB119.9M, up by 15%-20% YoY

Tuniu Q1 Adj EPADS $0.03

Tuniu Q1 Sales $14.95M Up From $9.20M YoY

Tuniu Corporation&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TOUR#NASDAQ">TOUR</a>) shares are&nbsp;<a target="_blank" href="https://www.benzinga.com/premarket" rel="noreferrer noopener">trading higher on Wednesday.</a>
The company reported the fourth quarter of 2023, where net revenues increased by&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/03/n37649221/tuniu-announces-unaudited-fourth-quarter-and-fiscal-year-2023-financial-results" rel="noreferrer noopener">265.8% year-over-year to $14.1 million.</a>
The increase was primarily due to the growth of packaged tours&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">as the travel market recovers.</a>
Revenues from package tours in the fourth quarter of 2023 increased by 1377.1% year-over-year to $10.3 million.
Gross profit increased by 511.7% year-over-year to $10.5 million. The company reported net (loss) per ADS of $(0.15).
&#8220;In 2024, we will continue to seize upon opportunities presented by the market recovery, leverage Tuniu&#8217;s core advantages, enhance performance, and continuously demonstrate our growth potential and profitability to the market,&#8221; said Donald Dunde Yu, Tuniu&#8217;s founder, Chairman, and Chief Executive Officer.
For the first quarter of 2024, Tuniu expects to generate RMB101.1 million to RMB107.4 million of net revenues, representing a&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">60% to 70% increase year-over-year.</a>
In March 2024, the company&#8217;s board of directors authorized a share repurchase program under which the company may repurchase up to $10 million worth of its ordinary shares or American depositary shares representing ordinary shares.
Price Action:&nbsp;TOUR shares are trading higher by 14.6% to $0.8151 on the last check Wednesday.

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Tuniu shares are trading higher after the company reported Q4 financial results and announced the approval of a share repurchase program of up to $10 million.

<h3>Gainers</h3>
<ul>
<li>Tuniu (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TOUR#NASDAQ">TOUR</a>) stock moved upwards by 16.7% to $0.83 during Wednesday's pre-market session. The market value of their outstanding shares is at $102.7 million. The company's, Q4 earnings came out today. </li>
<li>Educational Development (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EDUC#NASDAQ">EDUC</a>) shares increased by 15.9% to $2.04. The company's market cap stands at $17.4 million. </li>
<li>Barnes &amp; Noble Education (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BNED#NYSE">BNED</a>) shares increased by 13.06% to $0.7. The market value of their outstanding shares is at $37.1 million. The company's, Q3 earnings came out yesterday. </li>
<li>Allied Gaming (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGAE#NASDAQ">AGAE</a>) stock moved upwards by 12.76% to $1.06. The market value of their outstanding shares is at $39.0 million. </li>
<li>Clarus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLAR#NASDAQ">CLAR</a>) shares increased by 11.26% to $7.21. The company's market cap stands at $275.6 million. The company's, Q4 earnings came out 4 days ago. </li>
<li>Target Hospitality (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TH#NASDAQ">TH</a>) shares moved upwards by 8.89% to $9.3. The market value of their outstanding shares is at $945.4 million. As per the press release, Q4 earnings came out today. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Latham Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWIM#NASDAQ">SWIM</a>) shares declined by 18.9% to $2.66 during Wednesday's pre-market session. The company's market cap stands at $305.2 million. As per the news, the Q4 earnings report came out yesterday. </li>
<li>Allbirds (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIRD#NASDAQ">BIRD</a>) stock fell 15.17% to $0.79. The company's market cap stands at $120.5 million. As per the press release, Q4 earnings came out yesterday. </li>
<li>Naas Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NAAS#NASDAQ">NAAS</a>) stock declined by 12.76% to $1.3. The market value of their outstanding shares is at $317.9 million. </li>
<li>ZHONGCHAO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZCMD#NASDAQ">ZCMD</a>) stock declined by 10.7% to $1.92. The company's market cap stands at $4.7 million. </li>
<li>Kidpik (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PIK#NASDAQ">PIK</a>) stock declined by 10.43% to $4.34. The company's market cap stands at $8.2 million. </li>
<li>SRIVARU Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SVMH#NASDAQ">SVMH</a>) shares declined by 8.51% to $0.22. The company's market cap stands at $7.1 million. 
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</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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<h3>Companies Reporting Before The Bell</h3>
&bull; Sangamo Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGMO#NASDAQ">SGMO</a>) is likely to report quarterly loss at $0.26 per share on revenue of $8.10 million.
&bull; Silence Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLN#NASDAQ">SLN</a>) is expected to report earnings for its fourth quarter.
&bull; Optical Cable (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OCC#NASDAQ">OCC</a>) is likely to report earnings for its first quarter.
&bull; Perma-Fix Envirn Servs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PESI#NASDAQ">PESI</a>) is likely to report quarterly earnings at $0.06 per share on revenue of $22.50 million.
&bull; Dollar Tree (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTR#NASDAQ">DLTR</a>) is estimated to report quarterly earnings at $2.65 per share on revenue of $8.67 billion.
&bull; Magic Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGIC#NASDAQ">MGIC</a>) is expected to report quarterly earnings at $0.19 per share on revenue of $117.50 million.
&bull; Petco Health and Wellness (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WOOF#NASDAQ">WOOF</a>) is estimated to report quarterly earnings at $0.02 per share on revenue of $1.62 billion.
&bull; iShares $ Corp Bond UCITS ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LQDA#NASDAQ">LQDA</a>) is estimated to report quarterly loss at $0.23 per share on revenue of $4.73 million.
&bull; Aadi Bioscience (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AADI#NASDAQ">AADI</a>) is estimated to report quarterly loss at $0.65 per share on revenue of $6.29 million.
&bull; Moolec Science (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLEC#NASDAQ">MLEC</a>) is likely to report quarterly loss at $0.07 per share on revenue of $600 thousand.
&bull; ADC Therapeutics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADCT#NYSE">ADCT</a>) is likely to report quarterly loss at $0.50 per share on revenue of $15.33 million.
&bull; Target Hospitality (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TH#NASDAQ">TH</a>) is expected to report quarterly earnings at $0.24 per share on revenue of $118.00 million.
&bull; iSpecimen (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISPC#NASDAQ">ISPC</a>) is expected to report quarterly loss at $0.24 per share on revenue of $3.04 million.
&bull; WideOpenWest (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOW#NYSE">WOW</a>) is projected to report quarterly loss at $0.01 per share on revenue of $170.57 million.
&bull; Tuniu (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TOUR#NASDAQ">TOUR</a>) is estimated to report earnings for its fourth quarter.
&bull; Arcos Dorados Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARCO#NYSE">ARCO</a>) is expected to report quarterly earnings at $0.31 per share on revenue of $1.15 billion.
&bull; ZIM Integrated Shipping (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIM#NYSE">ZIM</a>) is estimated to report quarterly loss at $1.29 per share on revenue of $1.28 billion.
&bull; ProFrac Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACDC#NASDAQ">ACDC</a>) is projected to report quarterly earnings at $0.02 per share on revenue of $594.97 million.
&bull; Sharecare (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHCR#NASDAQ">SHCR</a>) is likely to report quarterly loss at $0.06 per share on revenue of $114.99 million.
&bull; Village Farms Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VFF#NASDAQ">VFF</a>) is likely to report quarterly loss at $0.02 per share on revenue of $69.79 million.
&bull; Vera Bradley (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRA#NASDAQ">VRA</a>) is likely to report quarterly earnings at $0.14 per share on revenue of $136.05 million.
&bull; Global Indemnity Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GBLI#NYSE">GBLI</a>) is likely to report quarterly earnings at $0.54 per share on revenue of $141.00 million.
<h3>Companies Reporting After The Bell</h3>
&bull; i-80 Gold (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/IAUX#AMEX">IAUX</a>) is estimated to report earnings for its fourth quarter.
&bull; RCM Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCMT#NASDAQ">RCMT</a>) is expected to report quarterly earnings at $0.62 per share on revenue of $72.29 million.
&bull; Adams Resources &amp; Energy (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/AE#AMEX">AE</a>) is projected to report quarterly loss at $0.08 per share on revenue of $678.36 million.
&bull; Coherus BioSciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHRS#NASDAQ">CHRS</a>) is projected to report quarterly loss at $0.12 per share on revenue of $96.40 million.
&bull; Profire Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFIE#NASDAQ">PFIE</a>) is estimated to report quarterly earnings at $0.04 per share on revenue of $14.61 million.
&bull; Jowell Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JWEL#NASDAQ">JWEL</a>) is projected to report quarterly earnings at $0.73 per share on revenue of $228.53 million.
&bull; MorphoSys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOR#NASDAQ">MOR</a>) is estimated to report quarterly earnings at $0.09 per share on revenue of $67.89 million.
&bull; North American (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOA#NYSE">NOA</a>) is likely to report quarterly earnings at $0.74 per share on revenue of $248.81 million.
&bull; Pangaea Logistics Solns (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANL#NASDAQ">PANL</a>) is expected to report quarterly earnings at $0.34 per share on revenue of $140.16 million.
&bull; Quoin Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QNRX#NASDAQ">QNRX</a>) is likely to report earnings for its fourth quarter.
&bull; VAALCO Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EGY#NYSE">EGY</a>) is estimated to report quarterly earnings at $0.12 per share on revenue of $129.06 million.
&bull; SuRo Capital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSSS#NASDAQ">SSSS</a>) is projected to report quarterly loss at $0.14 per share on revenue of $1.10 million.
&bull; scPharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCPH#NASDAQ">SCPH</a>) is projected to report quarterly loss at $0.42 per share on revenue of $5.52 million.
&bull; NextNav (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NN#NASDAQ">NN</a>) is estimated to report quarterly loss at $0.14 per share on revenue of $1.19 million.
&bull; Hallador Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HNRG#NASDAQ">HNRG</a>) is projected to report quarterly earnings at $0.29 per share on revenue of $199.20 million.
&bull; Spero Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPRO#NASDAQ">SPRO</a>) is projected to report quarterly loss at $0.10 per share on revenue of $18.63 million.
&bull; Fossil Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOSL#NASDAQ">FOSL</a>) is likely to report earnings for its fourth quarter.
&bull; electroCore (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ECOR#NASDAQ">ECOR</a>) is likely to report quarterly loss at $0.61 per share on revenue of $4.97 million.
&bull; OPAL Fuels (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPAL#NASDAQ">OPAL</a>) is estimated to report quarterly earnings at $0.17 per share on revenue of $88.52 million.
&bull; Limbach Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LMB#NASDAQ">LMB</a>) is estimated to report quarterly earnings at $0.40 per share on revenue of $129.37 million.
&bull; Lennar (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEN#NYSE">LEN</a>) is estimated to report quarterly earnings at $2.20 per share on revenue of $7.39 billion.
&bull; Superior Gr of Cos (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGC#NASDAQ">SGC</a>) is projected to report quarterly earnings at $0.15 per share on revenue of $142.86 million.
&bull; Turtle Beach (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HEAR#NASDAQ">HEAR</a>) is estimated to report quarterly earnings at $0.60 per share on revenue of $111.60 million.
&bull; Cue Health (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HLTH#NASDAQ">HLTH</a>) is likely to report quarterly loss at $0.44 per share on revenue of $17.68 million.
&bull; Navigator Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVGS#NYSE">NVGS</a>) is expected to report quarterly earnings at $0.30 per share on revenue of $130.76 million.
&bull; GrowGeneration (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRWG#NASDAQ">GRWG</a>) is likely to report quarterly loss at $0.13 per share on revenue of $45.52 million.
&bull; Anika Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANIK#NASDAQ">ANIK</a>) is expected to report quarterly loss at $0.26 per share on revenue of $41.40 million.
&bull; FTC Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTCI#NASDAQ">FTCI</a>) is estimated to report quarterly loss at $0.07 per share on revenue of $23.12 million.
&bull; BGSF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BGSF#NYSE">BGSF</a>) is estimated to report quarterly earnings at $0.08 per share on revenue of $75.05 million.
&bull; Boxlight (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BOXL#NASDAQ">BOXL</a>) is expected to report quarterly loss at $0.63 per share on revenue of $36.55 million.
&bull; SentinelOne (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/S#NYSE">S</a>) is projected to report quarterly loss at $0.04 per share on revenue of $169.53 million.
&bull; Gold Resource (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/GORO#AMEX">GORO</a>) is projected to report quarterly loss at $0.09 per share on revenue of $18.95 million.
&bull; Logan Ridge Finance (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRFC#NASDAQ">LRFC</a>) is likely to report quarterly earnings at $0.50 per share on revenue of $5.00 million.
&bull; KORU Medical Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KRMD#NASDAQ">KRMD</a>) is estimated to report quarterly loss at $0.04 per share on revenue of $6.94 million.
&bull; Portman Ridge Finance (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTMN#NASDAQ">PTMN</a>) is likely to report quarterly earnings at $0.79 per share on revenue of $19.04 million.
&bull; ESS Tech (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWH#NYSE">GWH</a>) is likely to report quarterly loss at $0.11 per share on revenue of $3.54 million.
&bull; UiPath (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) is estimated to report quarterly earnings at $0.16 per share on revenue of $383.83 million.
&bull; Vroom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRM#NASDAQ">VRM</a>) is projected to report quarterly loss at $29.60 per share on revenue of $232.00 million.
&bull; Ocean Power Techs (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/OPTT#AMEX">OPTT</a>) is projected to report earnings for its third quarter.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

AADI

ACDC

ADCT

ANIK

ARCO

BGSF

BOXL

CHRS

DLTR

ECOR

FOSL

FTCI

GBLI

GORO

GRWG

HEAR

HLTH

HNRG

IAUX

ISPC

JWEL

KRMD

LQDA

LRFC

MGIC

MLEC

Morgan Stanley Capital Protected Notes for S&P 500 Index

NVGS

OPAL

OPTT

PANL

PATH

PESI

PFIE

PTMN

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RCMT

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Earnings Scheduled For March 13, 2024

Share Repurchase Program
In&nbsp;March 2024, the Company&#39;s Board of Directors authorized a share repurchase program under which the Company may repurchase up to&nbsp;US$10 million&nbsp;worth of its ordinary shares or American depositary shares representing ordinary shares.

In March, Tuniu's Board Approved a Share Repurchase Program of up to $10M

Business&nbsp;Outlook
For the&nbsp;first quarter&nbsp;of 2024, Tuniu expects to generate&nbsp;RMB101.1 million&nbsp;to&nbsp;RMB107.4 million&nbsp;of net revenues, which represents a&nbsp;60%&nbsp;to&nbsp;70%&nbsp;increase year-over-year compared with net revenues in the corresponding period in 2023. This forecast reflects Tuniu&#39;s current and preliminary view on the industry and its operations, which is subject to change.

Tuniu  Expects Q1 Net Revenue of RMB101.1M-RMB107.4M

Tuniu (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TOUR#NASDAQ">TOUR</a>) reported quarterly losses of $(0.15) per share. The company reported $14.08 million in sales this quarter. This is a 255.30 percent increase over sales of $3.96 million the same period last year.

Tuniu Q4 EPS $(0.15), Sales $14.08M Up From $3.96M YoY, Adj Net Income of $0.9M

<h3>Gainers</h3>
<ul>
<li>Purple Innovation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRPL#NASDAQ">PRPL</a>) shares increased by 9.7% to $0.9 during Tuesday's after-market session. The company's market cap stands at $94.9 million. </li>
<li>Build-A-Bear Workshop (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBW#NYSE">BBW</a>) shares rose 7.51% to $23.19. The market value of their outstanding shares is at $331.7 million. </li>
<li>Kaixin Auto Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KXIN#NASDAQ">KXIN</a>) shares increased by 4.92% to $0.64. The market value of their outstanding shares is at $17.0 million. </li>
<li>Stride (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LRN#NYSE">LRN</a>) shares rose 4.28% to $64.75. The market value of their outstanding shares is at $2.8 billion. As per the press release, Q2 earnings came out today. </li>
<li>2U (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TWOU#NASDAQ">TWOU</a>) stock moved upwards by 3.79% to $0.96. The market value of their outstanding shares is at $78.8 million. </li>
<li>SRIVARU Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SVMH#NASDAQ">SVMH</a>) stock moved upwards by 3.57% to $0.26. The company's market cap stands at $9.4 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Polestar Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSNY#NASDAQ">PSNY</a>) stock decreased by 3.3% to $2.03 during Tuesday's after-market session. The company's market cap stands at $4.2 billion. </li>
<li>Tuniu (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TOUR#NASDAQ">TOUR</a>) shares fell 2.99% to $0.63. The market value of their outstanding shares is at $78.4 million. </li>
<li>Forza X1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRZA#NASDAQ">FRZA</a>) shares declined by 2.11% to $0.48. The company's market cap stands at $7.5 million. </li>
<li>RCI Hospitality Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RICK#NASDAQ">RICK</a>) stock fell 1.79% to $62.01. The market value of their outstanding shares is at $580.3 million. </li>
<li>Volcon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VLCN#NASDAQ">VLCN</a>) stock decreased by 1.59% to $0.11. The company's market cap stands at $1.4 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

FRZA

KXIN

PRPL

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TWOU

VLCN

11 Consumer Discretionary Stocks Moving In Tuesday's After-Market Session

Pursuant to the Nasdaq Listing Rules 5810(c)(3)(A), the Company is provided with a compliance period of 180 calendar days, or until July 8, 2024, to regain compliance under the Listing Rules. If at any time during the 180-day compliance period, the closing bid price of the Company&#39;s ADSs&nbsp;is US$1.00 per share or higher&nbsp;for a minimum of ten consecutive business days, the Nasdaq will provide the Company written confirmation of compliance and the matter will be closed.

Tuniu Corporation Gets Minimum Bid Price Notice From Nasdaq

<h3>Gainers</h3>
<ul>
<li>BT Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTBD#NASDAQ">BTBD</a>) stock increased by 139.3% to $4.54 during Tuesday's pre-market session. The company's market cap stands at $28.3 million. </li>
<li>MGO Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGOL#NASDAQ">MGOL</a>) shares moved upwards by 19.72% to $0.7. The market value of their outstanding shares is at $10.0 million. </li>
<li>Tuniu (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TOUR#NASDAQ">TOUR</a>) stock increased by 9.99% to $0.73. The market value of their outstanding shares is at $89.8 million. </li>
<li>Secoo Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SECO#NASDAQ">SECO</a>) stock rose 7.07% to $0.59. The company's market cap stands at $4.1 million. </li>
<li>VOXX International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VOXX#NASDAQ">VOXX</a>) stock moved upwards by 7.06% to $11.21. The market value of their outstanding shares is at $253.8 million. As per the news, the Q3 earnings report came out today. </li>
<li>JOANN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JOAN#NASDAQ">JOAN</a>) stock moved upwards by 6.86% to $0.5. The company's market cap stands at $20.9 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Lixiang Education Hldg (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LXEH#NASDAQ">LXEH</a>) shares decreased by 17.2% to $2.4 during Tuesday's pre-market session. The company's market cap stands at $16.0 million. </li>
<li>Canoo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOEV#NASDAQ">GOEV</a>) shares fell 9.81% to $0.23. The market value of their outstanding shares is at $178.6 million. </li>
<li>China Liberal Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLEU#NASDAQ">CLEU</a>) shares fell 5.88% to $0.17. The market value of their outstanding shares is at $8.2 million. </li>
<li>Vision Marine (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VMAR#NASDAQ">VMAR</a>) stock decreased by 5.82% to $0.81. The market value of their outstanding shares is at $9.4 million. </li>
<li>Rent the Runway (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RENT#NASDAQ">RENT</a>) shares decreased by 5.73% to $0.53. The company's market cap stands at $37.2 million. </li>
<li>Solid Power (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLDP#NASDAQ">SLDP</a>) stock declined by 4.7% to $1.42. The market value of their outstanding shares is at $253.3 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

BTBD

GOEV

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VOXX

Tuniu (TOUR) has released an update. Tuniu Corporation, a prominent Chinese online leisure travel company, has reported a significant increase in i...

Tuniu Reports Soaring Profits and Revenue Growth

Tuniu Corporation (TOUR) Q1 2024 Earnings Call Transcript

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Tuniu (NASDAQ:<a href="https://investorplace.com/stock-quotes/tour-stock-quote/">TOUR</a>) just reported results for the first quarter of 2024.<ul><li>Tuniu reported earnings per share of 3 cents.</li><li>The company reported revenue of $14.95 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/earning-results/2024/06/tour-stock-earnings-tuniu-for-q1-of-2024/">TOUR Stock Earnings: Tuniu Reported Results for Q1 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

TOUR Stock Earnings: Tuniu Reported Results for Q1 2024

Tuniu (TOUR) has released an update. Tuniu Corporation, a major online leisure travel firm in China, has successfully met Nasdaq's Minimum Bid Pric...

Tuniu Regains Compliance with Nasdaq Listing Standards

Tuniu Achieved GAAP Profitability, But Other Indicators Are Mixed

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Investing in low-cost <a href="https://investorplace.com/stock-types/growth-stocks/">growth stocks</a> requires understanding the underlying companies&rsquo; fundamentals. Monitoring the core metrics and operational strengths is vital to assessing a company&rsquo;s long-term viability and growth potential. 



Take, for instance, the first company, which&nbsp;shows remarkable improvement in credit performance with a notable reduction in its net charge-off rate. Meanwhile, the second company successfully exceeds its cost reduction targets. It significantly lowered operating expenses and boosted profitability through strategic restructuring. The third company on our list demonstrates exceptional capital management. It uses debt issuance strategically to boost cash flow and navigate market uncertainties. Moreover, the fourth company achieved its first profitability milestone, showcasing effective cost management and operational efficiency.&nbsp;



Similarly, the fifth stock listed here represents a company that significantly reduced production costs, increased operational efficiency and expanded reserves. The sixth company maintained its top position in its field by attaining high top-line growth and improved profitability through sharp cost management and market penetration. Finally, the seventh company demonstrates impressive financial performance and operational improvements.



In short, each of these low-cost growth stocks represents a company with unique fundamentals, making them compelling choices for potential high returns.



<h2>OppFi (OPFI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/01/creditcards1600-300x169.jpg" alt="a pile of credit cards, credit card interest rates"><div>Source: Teerasak Ladnongkhun/Shutterstock.com</div></div>OppFi (NYSE:<a href="https://investorplace.com/stock-quotes/opfi-stock-quote/">OPFI</a>) specializes in credit performance and financial services. It achieved a&nbsp;<a href="https://s27.q4cdn.com/889956127/files/doc_financials/2024/q1/OppFi-Exceeds-First-Quarter-2024-Guidance-Raises-Full-Year-Earnings-Outlook-2024.pdf" target="_blank">1.1 percentage point&nbsp;</a>improvement in the net charge-off rate, which reduced the rate to 47.9% (in the first quarter),&nbsp;indicating reduced risk and improved credit quality. Effective credit risk management and underwriting processes help maintain financial stability. A&nbsp;<a href="https://s27.q4cdn.com/889956127/files/doc_financials/2024/q1/OppFi-Exceeds-First-Quarter-2024-Guidance-Raises-Full-Year-Earnings-Outlook-2024.pdf" target="_blank">33.5% increase&nbsp;</a>in recoveries further shows improved credit performance. Recovering more from previously charged-off loans mitigates loan defaults&rsquo; impact.



Moreover, early-stage delinquency rates also improved significantly. The first payment default rate decreased by 0.4%. The total&nbsp;<a href="https://finance.yahoo.com/news/oppfi-inc-nyse-opfi-q1-142244972.html" target="_blank">delinquency rate fell by 0.7%</a>&nbsp;compared to last year. These improvements signify stronger credit quality and better customer payment behavior. Lower delinquency rates suggest effective credit risk assessment models. Stronger customer payment behavior supports sustainable revenue and profitability growth.



Finally, OppFi is noted for improved credit quality and risk management, making it a standout in low-cost growth stocks.



<h2>Pitney Bowes (PBI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/08/pbi-stock-1-300x169.jpg" alt="The office logo for Pitney Bowes on a glass building."><div>Source: JHVEPhoto / Shutterstock.com</div></div>Pitney Bowes (NYSE:<a href="https://investorplace.com/stock-quotes/p%EF%BF%BCbi-stock-quote/">PBI</a>) excels in providing in-office services and supplies and focuses on cost reduction and operational efficiency. The company improved its financial performance significantly. It has exceeded its cost savings target of&nbsp;<a href="https://www.investorrelations.pitneybowes.com/static-files/36e2c1cf-38dc-4a9c-9da3-890a5b116d33" target="_blank">$75 million to $85 million in the first quarter</a>. The restructuring plan&rsquo;s success is evident in cost savings and expense decline. Pitney Bowes now expects to surpass the high end of this target.



Operating expenses dropped 8% year-over-year from a year ago, enhancing financial health. Segment performance shows strong growth potential, with key segments including SendTech, presort services and global e-commerce.



Further, SendTech&rsquo;s earnings before interest and taxes, or EBIT, grew 6% to&nbsp;<a href="https://www.investorrelations.pitneybowes.com/static-files/36e2c1cf-38dc-4a9c-9da3-890a5b116d33" target="_blank">$101 million</a>&nbsp;despite a 2% revenue decline. Shipping-related revenue grew 8%. Software-as-a-service (SaaS) subscription revenue increased by 40%, showing strong growth potential. Presort services achieved record revenue and EBIT. Revenue rose 7% to $170 million, while EBIT&nbsp;<a href="https://www.investorrelations.pitneybowes.com/static-files/df23e5e4-0068-4cb3-a4d9-938d92ccca39" target="_blank">reached $40 million</a>. 



Overall, successful restructuring and cost-saving measures position Pitney Bowes as a strong candidate among low-cost growth stocks.



<h2>Garrett Motion (GTX)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/auto1600-300x169.jpg" alt="a front view shot of a white sports car on the highway during daytime"><div>Source: Shutterstock</div></div>The technology leader Garrett Motion (NASDAQ:<a href="https://investorplace.com/stock-quotes/gtx-stock-quote/">GTX</a>) manufactures automotive parts and equipment. Garrett issued&nbsp;<a href="https://investors.garrettmotion.com/node/11641/pdf" target="_blank">$800 million</a>&nbsp;in senior unsecured notes in the second quarter. This move generates annual cash interest savings of $15 million. Reduced debt and interest expenses improve financial stability.



In the second quarter, Garrett repurchased $65 million of common stock. The total repurchased in the first half of 2024 <a href="https://seekingalpha.com/article/4706607-garrett-motion-inc-gtx-q2-2024-earnings-call-transcript" target="_blank">reached $174 million</a>. This strategy signals confidence in future growth prospects. The company ended the quarter with&nbsp;solid&nbsp;liquidity of $698 million. This&nbsp;includes $600 million of undrawn revolving credit and $98 million of unrestricted cash.



Additionally, Garrett has ample financial flexibility for economic uncertainties and growth opportunities. Its strength is adapting its cost structure to industry volatility. Garrett offset reduced sales through operational productivity and cost control. The adjusted EBITDA margin remained&nbsp;<a href="https://investors.garrettmotion.com/node/11641/pdf" target="_blank">resilient at 16.9%</a>&nbsp;despite a 12% drop in net sales.



In summary, effective capital management and share repurchase strategies enhance its appeal, making it a top pick among low-cost growth stocks.



<h2>Tuniu (TOUR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/06/travel-stocks-1600-300x169.jpg" alt="A photo of an excited woman riding on the back of a bike a man is driving."><div>Source: OPOLJA / Shutterstock.com</div></div>The online leisure travel company Tuniu (NASDAQ:<a href="https://investorplace.com/stock-quotes/tour-stock-quote/">TOUR</a>) is based in China provides hospitality services, including hotels, resorts, and cruise lines. Tuniu achieved GAAP profitability in the first quarter. The company reported net income of&nbsp;<a href="https://filecache.investorroom.com/mr5ir_tuniu/202/Tuniu%20Announces%20Unaudited%20First%20Quarter%202024%20Financial%20Results.pdf" target="_blank">RMB 22 million</a> ($3.03 million),&nbsp;which marks a significant milestone for Tuniu. Last year, the company had a loss of RMB 5.9 million.



Operating expenses increased by&nbsp;<a href="https://filecache.investorroom.com/mr5ir_tuniu/202/Tuniu%20Announces%20Unaudited%20First%20Quarter%202024%20Financial%20Results.pdf" target="_blank">25% from a year ago to RMB 69.7 million</a>. The proportion of operating expenses relative to net revenues decreased significantly.&nbsp;



Moreover, total operating expenses as a percentage of net revenues dropped by 20 percentage points. Indeed, this decline indicates improved operational efficiency. Research expenses decreased by 9% to RMB 13 million. Research and development costs as a percentage of net revenues dropped from&nbsp;<a href="https://finance.yahoo.com/news/tuniu-corporation-nasdaq-tour-q1-120241361.html" target="_blank">22.7% to 12.1%</a>, indicating Tuniu&rsquo;s efficient resource allocation. The company&rsquo;s cost-control measures in research are effective.



Finally, Tuniu&rsquo;s recent profitability and improved efficiency contribute to its selection on the low-cost growth stocks list.



<h2>Nexa Resources (NEXA)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/02/precious-metals-1600-300x169.jpg" alt="Close-up of a gold-ingot on top of a troy ounce silver and palladium bar. Precious metals. Gold, silver, palladium. materials stocks. resource shortage stocks"><div>Source: corlaffra / Shutterstock</div></div>Nexa Resources (NYSE:<a href="https://investorplace.com/stock-quotes/nexa-stock-quote/">NEXA</a>) is a diversified metals and mining company in Brazil. In the first quarter, metal sales totaled&nbsp;<a href="https://www.nexaresources.com/en/nexa-resources-delivers-solid-operating-performance-in-1q24/" target="_blank">139,000 metric tons</a>. This&nbsp;marked a 4% year-over-year decline, caused by lower production volumes and seasonal demand. Additionally, the cost of smelting cash fell to 98 cents per pound, a 22% decrease from $1.25 per pound a year ago. Lower raw material costs and decreased zinc prices drove this reduction. Conversion costs were&nbsp;<a href="https://finance.yahoo.com/news/nexa-resources-nyse-nexa-q1-142029857.html" target="_blank">30 cents per pound</a>, down from 31 cents a year ago. Hence, lower variable and energy costs contributed to this decrease.&nbsp;



Further, capacity utilization for the company&rsquo;s Aripuan&atilde;&rsquo;s mine increased to&nbsp;<a href="https://finance.yahoo.com/news/nexa-resources-nyse-nexa-q1-142029857.html" target="_blank">70% in April&nbsp;</a>from 57% in Q1 2024. Zinc recovery improved to 73% in March from 66% in December 2023. The company&rsquo;s Cerro de Pasco project has a sharp 59% increase in mineral reserves.



Nexa&rsquo;s overall mineral reserves grew 10% in 2023 against 2022. Moreover, progressive exploration and drilling activities boosted reserves. In short, improved cost efficiencies and enhanced production make Nexa a top pick among low-cost growth stocks.



<h2>High Tide (HITI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/02/medical-marijuana-cannabis-300x169.png" alt="An image of different forms of medical marijuana"><div>Source: Bukhta Yurii/Shutterstock</div></div>High Tide (NASDAQ:<a href="https://investorplace.com/stock-quotes/hiti-stock-quote/">HITI</a>) is a Canadian cannabis company that operates in the pharmaceuticals sector, focusing on drug development and distribution. In the second quarter, High Tide recorded <a href="https://hightideinc.com/high-tide-reports-second-quarter-2024-financial-results-featuring-record-free-cash-flow-of-9-4-million-and-positive-net-income/" target="_blank">$124.3 million in revenue</a>, marking a 5% increase from a year ago. The company surpassed $500 million in trailing 12-month revenue. With that, High Tide, Canada&rsquo;s highest revenue-generating cannabis company, maintained this lead for almost two years.



Additionally, the company&rsquo;s core brick-and-mortar segment grew by 11% from a year ago, accounting for 93% of the company&rsquo;s&nbsp;top line.&nbsp;This outperforms peers, who&nbsp;<a href="https://seekingalpha.com/article/4699347-high-tide-inc-hiti-q2-2024-earnings-call-transcript" target="_blank">average $923,000</a>.



High Tide&rsquo;s average Ontario store had a $3.4 million annual revenue&nbsp;run rate. The gross profit for the quarter was $35.3 million (up 12% from year ago. The gross profit margin improved to 28.4%, which was the highest in nine quarters.



Indeed, High Tide&rsquo;s financial stability and cost management highlight its growth potential, standing out in the low-cost growth stocks category.



<h2>Lifestance Health (LFST)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/09/telehealth_1600_b-300x169.jpg" alt="A woman talks to a doctor on her laptop. telehealth stocks"><div>Source: fizkes/ShutterStock.com</div></div>Lifestance Health (NASDAQ:<a href="https://investorplace.com/stock-quotes/lfst-stock-quote/">LFST</a>) offers mental health services in a telemedicine format. The company&rsquo;s bottom line&nbsp;is solid. Adjusted EBITDA for&nbsp;the first quarter <a href="https://investor.lifestance.com/node/9066/pdf" target="_blank">was $27.7 million</a>, a massive 174% increase from the previous year&rsquo;s $10.1 million. The adjusted EBITDA margin improved to 9.2%, up from 4% in Q1 2023. This growth is due to higher revenue per visit. Enhanced operating leverage also played a key role.



Moreover, the company scaled efficiently while controlling costs. LifeStance achieved a 36% increase in center margin, which reached $94.7 million, or 31.5% of total revenue. The center margin as a percentage of revenue grew nearly <a href="https://investor.lifestance.com/node/9066/pdf">4 percentage points</a> year over year,&nbsp;reflecting effective cost management and operational efficiencies.&nbsp;



Indeed, the increase in the center margin indicates improved profitability. Real estate optimization and operating leverage drove this improvement. Efficiently managing center costs and&nbsp;<a href="https://investor.lifestance.com/static-files/53934f14-4039-478b-a556-319fc5e966e8" target="_blank">higher revenue per visit&nbsp;</a>contributed to this success. LifeStance has shown it can scale operations profitably. Strong financial performance and operational improvements make it a top pick among low-cost growth stocks.



On Penny Stocks and Low-Volume Stocks:&#8239;With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That&rsquo;s because these &ldquo;penny stocks&rdquo; are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that&#8239;InvestorPlace.com&rsquo;s writers disclose this fact and warn readers of the risks.



Read More:&#8239;Penny Stocks &mdash;&nbsp;<a href="https://investorplace.com/2014/05/fraud-penny-stocks-scams/" target="_blank">How to Profit Without Getting Scammed</a>



On the date of publication, Yiannis Zourmpanos did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines.</a>



On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
<div>Yiannis Zourmpanos is the founder of Yiazou Capital Research, a stock-market research platform designed to elevate the due diligence process through in-depth business analysis.</div><h3>More From InvestorPlace</h3>
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Tuniu reports Q2 results

Tuniu (TOUR) has released an update. Tuniu Corporation, a premier online leisure travel agency in China, reported a robust financial performance fo...

Tuniu Reports Record Q2 Profits and Revenue Growth

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Tuniu (NASDAQ:<a href="https://investorplace.com/stock-quotes/tour-stock-quote/">TOUR</a>) just reported results for the second quarter of 2024.<ul><li>Tuniu reported earnings per share of 6 cents.</li><li>The company reported revenue of $16.09 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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