Streetbeat News

Revenues

ESGL

ESGL Holdings reported a 23.5% increase in FY23 revenue, reaching $6.2 million.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:14 am

ENB

Enbridge has reaffirmed its 2024 financial guidance, expecting EBITDA of C$16.6B-C$17.2B and DCF per share of C$5.40-C$5.80. The company anticipates strong asset utilization and operating performance, including average Mainline volumes of 3.0 million barrels per day.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:14 am

TSAT

Telesat, under the ticker TSAT, has reaffirmed its 2024 financial guidance, projecting revenues between C$545 million and C$565 million, Adjusted EBITDA between C$340 million and C$360 million, and investing cash flows usage of C$1,000 million to C$1,400 million, primarily for Telesat Lightspeed capital expenditures.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:13 am

AEHL

Antelope Ent Hldgs reported a significant improvement in its fiscal year earnings per share, reducing losses from $(10.30) to $(5.52) YoY, and a 69.44% increase in sales to $72.10M from $42.55M YoY.

Portfolio Pulse from mahesh@benzinga.com

May 10, 2024 | 11:11 am

AEHL

Antelope Enterprise Holdings (AEHL) reported a significant increase in FY23 revenues, reaching $72.10M compared to $42.6M the previous year. Additionally, the company saw a substantial rise in registered hosts and influencers on its livestreaming ecommerce platform, growing from approximately 300,000 in 2023 to 800,000 in 2024.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:10 am

GENC

Gencor Industries reported a 27.27% increase in Q2 EPS to $0.42 from $0.33 YoY and a 33.36% increase in sales to $40.68M from $30.50M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:10 am

TBRG

TruBridge forecasts its Q2 total revenue to be between $81M-$83M, falling short of the consensus estimate of $84.48M. The company also projects its adjusted EBITDA to be in the range of $8M-$10M.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:09 am

DOCN

DigitalOcean Holdings has updated its FY24 revenue forecast to $760M-$775M, slightly adjusting its previous range of $755M-$775M, aligning closely with the $766.36M estimate. The company also anticipates an adjusted EPS of $1.60-$1.67, compared to the estimated $1.64, alongside expectations of a 36%-38% adjusted EBITDA margin and a 19%-21% adjusted free cash flow margin.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:07 am

DOCN

DigitalOcean Holdings projects Q2 revenue of $188M-$189M, surpassing the $187.09M estimate, with adjusted EPS of $0.38-$0.40, closely aligning with the $0.39 estimate. For 2024, revenue expectations are set at $760M-$775M, with an adjusted EBITDA margin of 36%-38% and an adjusted free cash flow margin of 19%-21%.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:03 am

INSE

Inspired Entertainment, Inc. has launched its NBA Re-Play virtual sports product in Greece in partnership with OPAP, a leading Greek betting and lottery company. This move marks a significant expansion of Inspired Entertainment's virtual sports offerings and its presence in the European betting market. The NBA Re-Play product allows users to bet on simulated NBA games using historical NBA game footage, providing a unique betting experience. This launch is expected to enhance the company's revenue streams and strengthen its position in the virtual sports sector.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:03 am