Streetbeat News

Revenues

G

Genpact has raised its Q3 revenue guidance to $1.18B-$1.186B, surpassing the $1.16B estimate. The company also increased its FY24 EPS forecast to $3.14-$3.18 from $3.01-$3.04, and its revenue outlook to $4.656B-$4.701B from $4.62B. This reflects strong growth in Digital Operations and Data-Tech-AI segments.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:44 pm

COLL

Collegium Pharmaceutical projects its 2024 net product revenues to be between $580 million and $595 million.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:44 pm

COLL

Collegium Pharmaceutical (NASDAQ: COLL) reported Q2 2024 adjusted EPS of $1.62, beating the estimate of $1.51. Sales were $145.3M, surpassing the $143.938M estimate and showing a 7.20% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:43 pm

GHLD

Guild Holdings (NYSE:GHLD) reported Q2 2024 adjusted EPS of $0.49, significantly beating the analyst estimate of $0.27. The company also reported sales of $285.70 million, surpassing the $254.22 million estimate and marking a 20.64% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:42 pm

AMPL

Amplitude has provided its financial outlook for Q3 and FY24, with EPS and revenue estimates slightly below analyst expectations. The company also anticipates a negative impact from new US sanctions on Russia, affecting its receivables.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:42 pm

ELF

E.l.f. Beauty, Inc. (NYSE:ELF) shares fell after reporting strong Q1 results, with earnings and sales surpassing analyst estimates. Despite a 50% year-over-year sales increase and improved gross margins, shares dipped 5.09% in after-hours trading. The company raised its fiscal year outlook, expecting a 25%-27% increase in net sales.

Portfolio Pulse from Erica Kollmann

August 08, 2024 | 8:42 pm

ONL

Orion Office REIT (NYSE:ONL) reported a significant decline in its Q2 financial performance. The company's FFO per share dropped by 47.92% to $0.25, and sales decreased by 22.96% to $39.92 million compared to the same period last year.

Portfolio Pulse from saritha@benzinga.com

August 08, 2024 | 8:41 pm

OABI

OmniAb expects its total operating expenses in 2024 to be slightly less than in 2023, with cash use in 2024 similar to 2023, excluding a $35 million milestone payment. Cash use in 2025 is expected to be substantially lower. Current cash balance and operations are sufficient to fund future operations.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:40 pm

ARLO

Arlo Technologies announced that it surpassed 4 million subscribers in July 2024, marking a significant milestone for the company.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:38 pm

STEP

StepStone Group (NASDAQ:STEP) reported strong Q1 2025 earnings, with adjusted EPS of $0.48 beating estimates by 37.14% and sales of $221.165 million surpassing expectations by 22.09%. Both metrics showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:38 pm