Streetbeat News

Revenues

AKEMF

Alaska Energy Metals (OTC:AKEMF) has discovered a significant nickel deposit in Alaska, which also includes copper, cobalt, platinum, and palladium. This find could reduce the U.S.'s reliance on imported nickel, crucial for stainless steel and EV batteries. The company is expediting development to meet rising demand driven by electrification.

Portfolio Pulse from Abbey Higginbotham

August 08, 2024 | 8:56 pm

U

Unity Software Inc. (NYSE:U) reported Q2 results with a smaller-than-expected loss and revenue that beat estimates. However, the company reduced its guidance for Q3 and the fiscal year, and announced a CFO transition.

Portfolio Pulse from Erica Kollmann

August 08, 2024 | 8:55 pm

INDI

indie Semiconductor (INDI) expects Q3 2024 revenue to increase by 0%-5%, with a midpoint of 2.5%. The company also anticipates gross margins of approximately 50% and projects a return to industry-leading growth in 2025 and beyond due to its Radar and Vision programs.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:54 pm

FOSL

Fossil Group has reiterated its FY24 worldwide net sales outlook of approximately $1.2 billion. The company expects a negative impact of around $100 million due to the exit from its smartwatch business and the closure of owned retail stores. The fiscal year adjusted operating margin is projected to be between -3% to -5%, but the company anticipates generating positive free cash flow, including $57 million in tax refunds received in Q2 2024.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:53 pm

RVNC

Revance Therapeutics has projected its FY24 net product revenue to be at least $280 million, surpassing the estimated $277.632 million.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:52 pm

AMPS

Altus Power has revised its FY24 revenue guidance from $200M-$222M to $196M-$201M, below the $210.72M estimate. The company also adjusted its EBITDA guidance and reaffirmed its 3-year growth targets.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:51 pm

EVH

Evolent Health has provided its Q3 2024 revenue guidance in the range of $615M to $635M, which is slightly below the estimated $636.44M. For the full fiscal year 2024, the company expects revenue between $2.56B and $2.6B, aligning closely with the estimated $2.58B.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:50 pm

NGL

NGL Energy Partners (NYSE:NGL) reported a Q1 2025 GAAP EPS of $(0.14), missing analyst estimates. Quarterly sales were $1.39 billion, falling short of the $1.44 billion consensus and down 14.17% from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:50 pm

EVLV

Evolv Technologies has reaffirmed its FY24 revenue guidance at approximately $100 million, slightly above the estimated $99.956 million.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:49 pm

PX

P10 (NYSE:PX) reported Q2 2024 adjusted EPS of $0.24, beating the $0.20 estimate by 20%. Sales were $71.076M, surpassing the $65.876M estimate by 7.89%. This marks a 9.09% increase in EPS and a 13.72% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:48 pm