FINWIRES · TerminalLIVE
FINWIRES

Top Midday Decliners

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CVD Equipment (CVV) is reducing its workforce by about half, and president and chief executive Emmanuel Lakios mutually agreed to step down as part of a restructuring plan for its CVD equipment business, the company said late Thursday.

Shares slumped 23%, with intraday trading volume rising to over 707,000 from a daily average of about 110,000.

Tessera Defense and Homeland Security (HLSQ), formerly BiomX (PHGE), said Friday its corporate name and ticker symbol changes are now effective, completing its rebrand as a physical security technology platform. The company's common stock began trading on the NYSE American on Friday.

More than 2.1 million shares traded intraday, declining 37%.

CPI Card Group (PMTS) priced a registered underwritten secondary offering of about 2.3 million common shares at $21.50 per share, for gross proceeds of roughly $50.3 million, the company said Friday.

Shares sank 17% as intraday trading volume jumped to over 1.19 million from the stock's daily average of roughly 73,000.

Price: $4.87, Change: $-1.41, Percent Change: -22.41%

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Wire

National Beverage Fiscal Q1 Earnings Fall, Revenue Rises

National Beverage (FIZZ) reported fiscal Q1 earnings late Thursday of $0.50 per diluted share, down from $0.60 a year earlier.One analyst polled by FactSet expected $0.59.Revenue in the three months ended Aug. 1 rose to $330.7 million from $330.5 million a year earlier.One analyst projected $342.1 million.National Beverage shares fell 3% in after-hours trading.

$FIZZ
Wire

Zumiez Q2 Loss Widens, Revenue Falls; Sets Q3 Guidance

Zumiez (ZUMZ) reported Thursday Q2 loss of $0.17 per diluted share, compared with loss of $0.06 a year earlier.Two analysts surveyed by FactSet expected a loss of $0.14.Revenue for the quarter ended Aug. 1 was $209.0 million, down from $214.3 million a year ago.Two analysts expected $212.1 million.The company expects Q3 EPS of $0.00 to $0.10 on revenue of $222 million to $226 million. Two analysts expect EPS of $0.59, if comparable, and revenue of $238 million.Shares of the company fell over 15% in after-hours trading.

$ZUMZ
Wire

Box, OpenAI Launch Integration to Access Enterprise Content in ChatGPT

Box (BOX) entered a collaboration with OpenAI to launch an integration that lets users access and work with business content stored in its platform directly from ChatGPT.The integration can help accelerate clinical research, streamline legal workflows, and support financial analysts reviewing company reports, Box said Thursday in a statement.The feature is available starting Thursday for Box customers, with OpenAI rolling out access to users of ChatGPT's paid tiers over the coming days.Price: $34.10, Change: $-0.39, Percent Change: -1.13%

$BOX