Streetbeat News

Revenues

BL

BlackLine has provided its financial guidance for FY24, projecting adjusted EPS between $2.08 and $2.21, compared to the estimated $2.18. The company also expects revenue to be in the range of $647 million to $651 million, slightly above the estimated $646.072 million.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:48 pm

STKS

The ONE Group Hospitality has reaffirmed its FY24 revenue guidance of $700M-$740M, inclusive of the Benihana acquisition. Key financial metrics include a consolidated adjusted EBITDA of $95M-$100M and total capital expenditures of $50M-$60M.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:47 pm

MEG

Montrose Environmental Group has reaffirmed its 2024 outlook, projecting revenue between $690 million and $740 million, compared to the estimated $708.6 million. The company also expects adjusted EBITDA to be in the range of $95 million to $100 million.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:47 pm

SNCR

Synchronoss Technologies has reiterated its FY24 revenue outlook of $170M - $175M, with an estimated $173.295M. The company has also raised its adjusted gross margin expectations to 73%-77% from 70%-75%, and its adjusted EBITDA to $43M-$46M from $42M-$45M, indicating at least a 25% adjusted EBITDA margin.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:47 pm

SMWB

Similarweb has raised its Q3 revenue guidance to $62.5M-$63M, surpassing the previous estimate of $61.64M. The company also increased its FY24 revenue guidance to $246M-$248M, up from $244.76M. CFO Jason Schwartz highlighted strong customer acquisition and retention, along with a fourth consecutive quarter of operating profit and $16M in free cash flow for the first half of 2024.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:46 pm

MEG

Montrose Environmental Group has reaffirmed its FY24 revenue guidance in the range of $690 million to $740 million, compared to the analyst estimate of $709.598 million.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:44 pm

VTOL

Bristow Group projects its total operating revenues to be between $1.355 billion and $1.415 billion for 2024, and between $1.44 billion and $1.615 billion for 2025.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:44 pm

INGN

Inogen (NASDAQ: INGN) reported Q2 2024 adjusted EPS of $(0.07), significantly beating the analyst estimate of $(0.55). The company also reported sales of $88.765 million, surpassing the $82.500 million estimate and marking a 6.13% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:44 pm

TSE

Trinseo PLC (TSE) projects a Q3 2024 net loss of $42M-$52M and an Adjusted EBITDA of $65M-$75M. The company expects market conditions and Adjusted EBITDA to be similar to Q2, with positive free cash flow in the second half of the year due to higher profitability and seasonal working capital improvements.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:44 pm

LMB

Limbach Holdings has raised its FY24 revenue outlook from $510M-$530M to $515M-$535M, surpassing the estimated $515.65M.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:43 pm