Streetbeat News

Revenues

BEEM

Beam Global has signed its first distribution agreement for the European market with Geci Group. Geci Group will market, sell, service, and support Beam Global products in Spain, Portugal, and the Spanish-speaking Caribbean.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:07 am

HAE

Haemonetics (NYSE:HAE) reported Q1 earnings of $1.02 per share, beating the analyst estimate of $1.01. Sales were $336.17 million, surpassing the $335.38 million estimate. Despite a 2.86% decrease in earnings per share from last year, sales increased by 7.98%.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:06 am

VTNR

Vertex Energy has released its Q3 2024 outlook, projecting capital expenditures between $15M-$20M and direct operating expenses per barrel between $5.52-$6.02. The Mobile Refinery's conventional throughput volume is expected to be between 55.0 Mbpd and 60.0 Mbpd, with a capacity utilization of 73%-80%. The production yield profile includes 64%-68% finished products and 32%-36% intermediate and other products.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:06 am

RMTI

Rockwell Medical (RMTI) has updated its 2024 guidance, projecting net sales between $95.0M and $98.0M, gross profit between $14.0M and $16.0M, and adjusted EBITDA between $0.75M and $1.5M. The company also projects net sales growth in the mid-to-high single digits in 2025 and beyond, with gross margins reaching approximately 20% in 2025 and above 25% in 2026 and beyond.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:05 am

RMTI

Rockwell Medical has updated its 2024 sales guidance to $95.0M-$98.0M, up from the previous range of $90.0M-$94.0M, and above the consensus estimate of $92.494M.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:05 am

GTN

Gray Television has revised its FY24 core advertising revenue guidance to approximately $1.525 billion, down from the previous estimate of $1.6 billion.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:03 am

YETI

YETI Holdings reported Q2 earnings of $0.70 per share, beating the analyst estimate of $0.64. Sales were $463.50 million, surpassing the $452.29 million estimate. Both earnings and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:03 am

EPAM

EPAM Systems has provided its financial outlook for fiscal year 2024, projecting revenues between $4.59 billion and $4.625 billion, slightly below the $4.62 billion estimate. The company also expects adjusted EPS to be in the range of $10.20 to $10.40, surpassing the $10.09 estimate.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:03 am

LNZA

LanzaTech Global (NASDAQ:LNZA) reported Q2 2024 GAAP EPS of $(0.14), missing the $(0.12) estimate, but achieved sales of $17.375M, beating the $14.110M estimate. Sales increased by 34.51% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:03 am

MUR

Murphy Oil (NYSE:MUR) reported Q2 2024 adjusted EPS of $0.81, beating the analyst estimate of $0.74. However, sales of $802.771 million missed the $813.462 million estimate.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:02 am