Streetbeat News

Earnings

WBX

Wallbox reported 3Q23 revenue of €32.5 million, a 35% gross margin, and €39 million in cost savings. The company activated nearly 50,000 AC chargers globally, marking a 30% YoY increase. Wallbox also announced the acquisition of ABL GmbH, a market leader in Germany, and a partnership with Kia America to deliver Wallbox's Quasar 2 alongside Kia's new EV9 SUV in 2024.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 12:13 pm

PWFL

PowerFleet (NASDAQ:PWFL) reported Q3 losses of $(0.14) per share, missing the analyst consensus estimate of $(0.07) by 100 percent. This is a 450 percent decrease over earnings of $0.04 per share from the same period last year. The company reported quarterly sales of $34.20 million, beating the analyst consensus estimate of $33.85 million by 1.03 percent.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 12:13 pm

RCI

Rogers Communications has reaffirmed its 2023 financial guidance, predicting total service revenue growth of 26%-30%, adjusted EBITDA growth of 33%-36%, free cash flow at the upper end of C$2.2B-C$2.5B, and capital expenditures of C$3.7B-C$3.9B.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 12:11 pm

VERX

Vertex (NASDAQ:VERX) reported Q3 adjusted earnings of $0.10 per share, beating the analyst consensus estimate of $0.09 by 11.11%. This is a 25% increase from the same period last year. The company also reported quarterly sales of $145.00 million, beating the analyst consensus estimate of $142.20 million by 1.97%, a 14.86% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 12:11 pm

SLVM

Sylvamo Corporation has provided its Q4 adjusted EBITDA outlook, which is expected to be between $90M and $110M.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 12:11 pm

BRAG

Bragg Gaming has reaffirmed its FY23 guidance for revenue, which is expected to be between $100.7M and $102.8M. This is significantly lower than the estimated $140.07M.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 12:10 pm

SLVM

Sylvamo (NYSE:SLVM) reported Q3 earnings of $1.70 per share, beating the analyst consensus estimate of $1.33 by 27.82%. However, this is a 32.27% decrease from the same period last year. The company's quarterly sales were $897.00 million, missing the analyst consensus estimate of $905.34 million by 0.92%, and marking a 7.33% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 12:10 pm

QBTS

D-Wave Quantum (NYSE:QBTS) reported Q3 earnings per share of $(0.12), missing the analyst consensus estimate of $(0.11) by 9.09%. The company also reported quarterly sales of $2.56 million, missing the analyst consensus estimate of $2.85 million by 10.11%. However, this represents a 51.15% increase over sales of $1.70 million from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 12:10 pm

GLP

Global Partners (NYSE:GLP) reported Q3 earnings of $0.60 per unit, a decrease of 80.77% from the same period last year. The company's quarterly sales were $4.22 billion, missing the analyst consensus estimate of $4.26 billion by 1.03% and marking an 8.80% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 12:09 pm

MOGO

Mogo Inc. reported its Q3 revenue at $16.2M, which is higher than the estimated $11.42M.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 12:09 pm