Streetbeat News

Revenues

NOA

North American Construction Group (NOA) expects FY24 combined revenue of C$1.4 billion to C$1.5 billion and adjusted EPS of C$3.95 to C$4.15.

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July 31, 2024 | 10:18 pm

SRI

Stoneridge has revised its FY24 revenue guidance downwards from $990M-$1.01B to $940M-$970M, citing factors such as updated FX rates, OEM production volumes, and potential volatility in non-OEM and customer demand-based products. Adjusted EPS guidance has been updated to $0.18-$0.28, higher than the estimated $0.15.

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July 31, 2024 | 10:16 pm

QTWO

Q2 Holdings (NYSE:QTWO) reported Q2 2024 earnings of $0.38 per share, beating the analyst consensus estimate of $0.31 by 22.58%. The company also reported quarterly sales of $172.890 million, surpassing the $170.933 million estimate by 1.15%. This represents an 11.88% increase over the same period last year.

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July 31, 2024 | 10:15 pm

QTWO

Q2 Holdings has updated its financial guidance, expecting total non-GAAP revenue of $171.5M - $174.5M for Q3 and revising its FY24 range to $688.5M - $692.5M.

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July 31, 2024 | 10:12 pm

ZETA

Zeta has increased its Q3 2024 revenue guidance to a range of $237.2 million to $241.2 million, surpassing the previous estimate of $230.43 million. The company also raised its Adjusted EBITDA guidance to a range of $46.8 million to $47.3 million, indicating strong financial performance.

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July 31, 2024 | 10:07 pm

CODI

Compass Diversified Holdings (NYSE: CODI) reported Q2 2024 adjusted EPS of $0.53, beating the estimate of $0.50. However, sales of $542.595 million missed the $550.120 million estimate. Sales increased by 3.52% year-over-year.

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July 31, 2024 | 10:06 pm

ZETA

Zeta has raised its 2024 revenue guidance from $895M-$905M to $920M-$930M, surpassing the estimated $900.45M. The company also increased its Adjusted EBITDA and Free Cash Flow guidance.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 10:05 pm

GTE

Gran Tierra Energy (AMEX:GTE) reported Q2 2024 GAAP EPS of $1.16 and sales of $165.609 million, a 4.88% increase from the same period last year.

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July 31, 2024 | 10:03 pm

SGU

Star Group (NYSE:SGU) reported Q3 EPS of $(0.31), a 53.73% improvement from $(0.67) YoY, and sales of $331.64M, a 10.50% increase from $300.12M YoY.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 10:02 pm

RSI

Rush Street Interactive (RSI) has raised its FY24 revenue outlook to $860M - $900M, up from the previous $810M - $860M range. The new midpoint of $880M represents a 27% YoY growth. Adjusted EBITDA guidance has also been increased to $64M - $72M, with a midpoint of $68M, compared to $8.2M in 2023.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 10:00 pm