Streetbeat News

Earnings

TBLA

Taboola.com has released its Q3 and full year 2023 revenue outlook. The company expects Q3 revenues to be between $331M and $357M, and full year revenues to be between $1,438M and $1,469M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:29 am

TBLA

Taboola.com (NASDAQ:TBLA) reported Q2 earnings of $0.00 per share, beating the analyst consensus estimate of $(0.05) by 106 percent. This is a 95 percent decrease from last year's earnings. The company also reported quarterly sales of $332.00 million, beating the analyst consensus estimate of $315.44 million by 5.25 percent, but a 3.12 percent decrease from last year's sales.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:25 am

LNZA

LanzaTech Global (NASDAQ:LNZA) reported Q2 losses of $(0.14) per share, missing the analyst consensus estimate of $(0.13) by 7.69%. The company also reported quarterly sales of $12.92 million, missing the analyst consensus estimate of $14.50 million by 10.92%. However, these figures represent a 94.95% increase in losses and a 31.11% increase in sales from the same period last year.

Portfolio Pulse from sunil@benzinga.com

August 09, 2023 | 10:16 am

OGE

OGE Energy has reiterated its FY23 earnings guidance, projecting earnings between $387 million to $416 million. OG&E, a subsidiary, is expected to earn approximately $400 million to $421 million. Other Operations, primarily the Holding Company, projects a loss of $5 million to $13 million.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:13 am

EWCZ

European Wax Center, Inc. (NASDAQ:EWCZ) has reiterated its FY23 revenue guidance of $222M-$229M, which is in line with the consensus of $226.33M. The company also expects its adjusted net income to be between $22M-$24.5M. Furthermore, it anticipates system-store sales to rise by mid-single digits in FY23, with new center openings between 95 to 100.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:11 am

OGE

OGE Energy reported Q2 earnings of $0.44 per share, missing the analyst consensus estimate of $0.45 by 2.22%. The company's quarterly sales were $605.00 million, missing the analyst consensus estimate of $784.27 million by 22.86%. This represents a 22.22% increase in earnings but a 24.72% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:11 am

GDRX

GoodRx has revised its FY23 total revenue outlook from $750M-$775M to $750M-$760M, which is below the estimated $762.25M. The company's CFO, Karsten Voermann, mentioned that their direct contracting approach with retailers may lead to a short-term headwind for prescription transactions revenue growth.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:10 am

TSQ

Townsquare Media forecasts its Q3 net revenue to be between $115M and $117M, marking a decrease of 3.0% to 4.7% from the previous year. This is lower than the estimated $121.01M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:07 am

VTNR

Vertex Energy reported Q2 losses of $1.07 per share, missing the analyst consensus estimate of $0.28 by 282.14%. This is a 257.35% decrease over earnings of $0.68 per share from the same period last year. The company reported quarterly sales of $734.89 million, beating the analyst consensus estimate of $707.74 million by 3.84%. This is a 25.91% decrease over sales of $991.84 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:07 am

EWCZ

European Wax Center (NASDAQ:EWCZ) reported Q2 sales of $59.09 million, beating the analyst consensus estimate of $58.52 million by 0.97 percent. This represents a 10.74 percent increase over sales of $53.36 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:07 am