Streetbeat News

Revenues

RSKD

Riskified has reiterated its FY24 revenue outlook of $323M-$335M, which is in line with the $329.13M estimate. The company also expects adjusted EBITDA to be between $12M and $18M.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:08 am

MNDY

Monday.com has updated its revenue guidance for 2024, expecting total revenue between $942 million and $948 million, up from the previous estimate of $926 million to $932 million. This represents a year-over-year growth of 29% to 30%. The company also expects non-GAAP operating income of $77 million to $83 million, an operating margin of 8% to 9%, and free cash flow of $238 million to $244 million with a free cash flow margin of 25% to 26%.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:08 am

AMC

BOOT

CSCO

DT

GME

LGF

MNDY

QQQ

SPY

ZTO

U.S. stock futures were flat as investors awaited the April CPI report, which is expected to influence Federal Reserve interest rate decisions. The futures market predicts a high likelihood of rate cuts by September. Meme stocks like GameStop and AMC saw significant premarket gains. SPDR S&P 500 ETF Trust and Invesco QQQ ETF showed minor movements. Analysts are optimistic about May's market performance, citing high cash reserves and falling bond yields.

Portfolio Pulse from Shanthi Rexaline

May 15, 2024 | 11:08 am

SRAD

Sportradar Gr (NASDAQ:SRAD) reported Q1 sales of €265.900 million, surpassing the analyst consensus estimate of €246.992 million by 7.66%. This marks a 28.08% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:08 am

TRVN

Trevena reported its Q1 2024 GAAP EPS at $(0.36), beating the estimate of $(0.47). The company's sales increased to $20 million from $6 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:08 am

MNDY

Monday.com has provided its financial outlook for Q2 FY2024, expecting total revenue between $226 million and $230 million, representing a 29% to 31% year-over-year growth. The company also anticipates a non-GAAP operating income of $17 million to $21 million and a free cash flow of $47 million to $51 million.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:06 am

MITQ

Moving iMage Technologies (AMEX:MITQ) reported a Q3 adjusted EPS of $(0.06), a 50% decrease from $(0.04) YoY, with sales of $3.89M, a 3.98% increase from $3.74M YoY.

Portfolio Pulse from saritha@benzinga.com

May 15, 2024 | 11:05 am

RDCM

RADCOM has raised the lower end of its FY24 revenue guidance, revising the range from $56M-$60M to $57M-$60M. The estimated revenue is $57.706M.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:04 am

CATX

Perspective Therapeutics reported a Q1 2024 GAAP EPS of $(0.02), beating the estimate of $(0.03). Sales increased to $325,000 from $233,000 year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:04 am

BFI

BurgerFi projects its FY24 revenue to be between $170 million and $180 million, slightly above the estimated $170.2 million.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:04 am