Streetbeat News

Revenues

ARIS

Aris Water Solutions (NYSE:ARIS) reported Q2 2024 earnings of $0.29 per share, beating the analyst estimate of $0.25 by 16%. Sales were $101.117 million, surpassing the $96.915 million estimate. This represents a 31.82% increase in EPS and a 4.64% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:35 pm

XAIR

Beyond Air has reiterated its FY25 revenue guidance of at least $10M, surpassing the estimated $9.67M. The company expects to achieve cash flow breakeven by Q4 of 2026, with a net cash burn rate of less than $30 million in FY 2025.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:35 pm

RPD

Rapid7 (NASDAQ:RPD) reported Q2 2024 adjusted EPS of $0.58, beating the estimate of $0.52. Sales were $207.991 million, surpassing the $203.660 million estimate and showing a 9.23% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:35 pm

ITRM

Iterum Therapeutics announced the expiration and results of its rights offering, estimating gross proceeds of approximately $7.4 million, excluding $1.1 million in related expenses.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:35 pm

UTI

Universal Technical Institute (UTI) has reiterated its initial projections for FY25, indicating expected revenue of nearly $800 million and an adjusted EBITDA margin of approximately 15%.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:33 pm

AMSC

AMSC has projected its Q2 revenues to be between $38 million and $42 million, surpassing the estimated $37.53 million.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:32 pm

REI

Ring Energy has provided its production guidance for the third quarter of 2024, expecting increased sales volumes and lower capital spending and operating expenses. The company projects sales volumes of 13,200 to 13,800 Bo/d and 19,000 to 19,800 Boe/d, with capital expenditures between $35 million and $45 million. LOE is expected to be $10.50 to $11.25 per Boe.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:32 pm

PFX

PhenixFIN (NASDAQ:PFX) reported Q3 earnings of $1.29 per share, significantly beating the analyst estimate of $0.65. Sales were $6.23 million, also surpassing the $5.17 million estimate. Both earnings and sales showed substantial year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:31 pm

UMH

UMH Properties (NYSE:UMH) reported Q2 2024 earnings per share (EPS) of $0.23, meeting analyst expectations. The company also reported sales of $60.328 million, surpassing the analyst estimate of $56.877 million. Both EPS and sales showed year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:31 pm

TDW

Tidewater has updated its FY24 revenue guidance to a range of $1.39 billion to $1.41 billion, slightly below the previous estimate of $1.408 billion. The company also provided a 2024 gross margin guidance of 51%.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:31 pm