Streetbeat News

Revenues

TKO

TKO has increased its 2024 revenue target to $2.670B-$2.745B from the previous $2.610B-$2.685B, surpassing the $2.698B estimate. The company also raised its adjusted EBITDA guidance to $1.220B-$1.240B from $1.185B-$1.205B.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 11:21 am

BRAG

Bragg Gaming announced that it is currently tracking to the lower end of its FY24 revenue guidance range of $109.1M to $116.6M, with an estimate of $113.45M.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 11:20 am

SUP

Superior Industries International has updated its FY24 outlook, lowering its net sales forecast to $1.35B-$1.41B from the prior $1.38B-$1.48B, citing lower aluminum costs and reduced production volumes by OEMs. Adjusted EBITDA and Value-Added Sales forecasts were also lowered, while Unlevered Free Cash Flow estimates remain unchanged. Capital expenditures are expected to be around $40 million.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 11:20 am

GDRX

GoodRx Holdings shares are trading lower after the company reported worse-than-expected Q2 adjusted EPS results and issued Q3 revenue guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 11:19 am

UHG

United Homes Gr (NASDAQ:UHG) reported a significant increase in Q2 earnings per share (EPS) to $0.50, up 614.29% from $0.07 YoY. Sales also rose by 15.39% to $109.42 million from $94.83 million YoY.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 11:18 am

PSBD

Palmer Square Capital BDC (NYSE:PSBD) reported Q2 earnings per share of $0.48, missing the analyst estimate of $0.49. However, the company beat sales estimates with $36.55 million, a 33.19% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 11:18 am

OPTN

Optinose has revised its FY24 net revenue guidance for XHANCE, narrowing the range from $85M-$95M to $85M-$90M. Additionally, the company has increased its expected average net revenue per prescription to at least $250.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 11:17 am

TKO

TKO Group Holdings (NYSE:TKO) reported Q2 2024 earnings per share (EPS) of $0.72, missing the analyst estimate of $0.91 by 20.88%. However, the company reported sales of $851.2 million, beating the estimate of $771.313 million by 10.36%. This represents a 178.90% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 11:17 am

GERN

Geron (NASDAQ: GERN) reported Q2 2024 GAAP EPS of $(0.10), meeting analyst expectations. The company achieved quarterly sales of $780.000K, significantly surpassing the $274.857K estimate and marking a 2.59K percent increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 11:17 am

HIPO

Hippo Holdings (NYSE:HIPO) reported Q2 2024 GAAP EPS of $(1.64), missing the $(1.40) estimate by 17.14%. However, sales of $89.6M beat the $88.392M estimate, marking an 87.84% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 11:16 am