Streetbeat News

Revenues

WMK

Weis Markets reported a decrease in Q1 EPS to $0.86 from $0.96 YoY, while sales increased to $1.18B from $1.15B YoY.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:40 pm

ARQ

Arq has secured a supply contract for its strategic granular activated carbon (GAC) facility, with a North American provider of water and wastewater treatment and PFAS capture technologies committing to purchase an estimated 5 million pounds of GAC product in 2025.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:39 pm

CDLX

Cardlytics forecasts Q2 revenue to be between $73M-$81M, below the estimated $81.393M. The company also projects billings of $115.0M-$126.0M and an Adjusted EBITDA ranging from ($3.0) million to $1.0 million.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:35 pm

METC

Ramaco Resources (NASDAQ:METC) reported Q1 sales of $172.676M, surpassing the analyst consensus estimate of $168.104M by 2.72% and marking a 3.80% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:34 pm

BRT

BRT Apartments Corp. reported Q1 sales of $23.403M, missing the consensus estimate of $23.724M by 1.35%, but marking a 2.02% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:33 pm

COST

Costco Wholesale Corporation (NASDAQ:COST) reported a 7.1% increase in net sales for April 2024, reaching $19.80 billion, compared to $18.48 billion the previous year. For the first 35 weeks, sales rose 7.0% to $166.44 billion from $155.62 billion. Comparable sales growth was noted across the U.S., Canada, and other international markets, with e-commerce showing significant growth. The timing shift of Easter negatively impacted sales by over 0.5%.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:33 pm

ANIK

Anika Therapeutics has completed its cost reduction initiatives and is on track to meet its FY24 revenue guidance of $168M-$173M, with an expected adjusted EBITDA of $25M-$30M, representing a significant increase over the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:31 pm

WDOFF

Wesdome Gold Mines reported a significant increase in Q1 earnings per share to $0.05, up 400% from $0.01 YoY. Sales also rose by 31.97% to $74.88M from $56.74M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:29 pm

KVYO

Klaviyo has raised its Q2 revenue forecast to $211M-$213M, surpassing the estimated $209.839M, and increased its FY24 revenue projection from $889M-$897M to $899M-$907M, exceeding the estimated $892.82M.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:27 pm

BYND

Beyond Meat forecasts Q2 net revenues of $85M-$90M, below the estimated $96.223M, but reaffirms its FY24 outlook of $315M-$345M, aligning with the estimate of $329.636M. The company anticipates a gross margin in the mid to high teens for FY24, with an improvement expected in the latter half.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:23 pm