Streetbeat News

Revenues

MXCT

MaxCyte (NASDAQ:MXCT) reported Q2 2024 GAAP EPS of $(0.09), beating the $(0.12) estimate. Sales were $10.429M, surpassing the $7.923M estimate and showing a 15.33% increase from last year's $9.043M.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:35 pm

CART

Maplebear (NASDAQ:CART) reported Q2 2024 GAAP EPS of $0.20, beating the estimate of $0.13 by 53.85%. Sales were $823.00M, surpassing the $806.57M estimate and showing a 14.94% increase from last year's $716.00M.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:34 pm

ICHR

Ichor Holdings (NASDAQ: ICHR) reported Q2 2024 adjusted EPS of $0.05, beating the $0.03 estimate by 66.67%. Sales were $203.227M, surpassing the $197.571M estimate by 2.86%. This marks a 150% increase in EPS and a 9.85% rise in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:33 pm

STE

STERIS expects its reported revenue from continuing operations to increase by 6.5-7.5% in fiscal 2025. The company completed a divestiture of its Controlled Environment Services business, which will be excluded from revenue growth calculations. Adjusted earnings per diluted share are anticipated to be between $9.05 and $9.25, up from $8.20 in fiscal 2024. Capital expenditures are expected to be around $360 million, with free cash flow projected at $700 million.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:33 pm

CIX

CompX International reported its Q2 2024 financial results with total revenue of $35.9 million and earnings per share (EPS) of $0.39.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:30 pm

GNL

Global Net Lease (NYSE:GNL) reported Q2 2024 earnings of $0.22 per share, missing the analyst estimate of $0.33 by 33.33%. Sales were $203.286 million, missing the $205.650 million estimate by 1.15%. Despite the misses, sales increased by 112.10% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:30 pm

EVCM

EverCommerce has provided its revenue guidance for FY24, projecting a range of $676 million to $696 million, which is slightly below the analyst estimate of $689.7 million.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:30 pm

EVCM

EverCommerce (EVCM) has projected its Q3 revenue to be between $172 million and $176 million, slightly above the estimated $171.801 million.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:30 pm

ADBE

Adobe (NASDAQ:ADBE) has significantly outperformed the market over the past 10 years, delivering an average annual return of 22.28%. A $1000 investment in Adobe 10 years ago would be worth $7,455.42 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 8:30 pm

ABNB

Airbnb expects its Q3 2024 Adjusted EBITDA to be similar to Q3 2023 on a nominal basis, but with a decline in Adjusted EBITDA Margin. For the full year 2024, the company anticipates growth in Adjusted EBITDA and a margin of at least 35%, allowing for investment in growth opportunities. Additionally, Airbnb expects its full-year 2024 Free Cash Flow margin to be several points above the EBITDA margin.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:30 pm