Streetbeat News

Revenues

OSUR

OraSure Technologies, Inc. projects its Q2 2024 revenue to be in the range of $50M-$55M, which is around the current analyst estimate of $53.7M. This forecast suggests that the company's performance may align closely with market expectations.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 9:59 pm

INVE

Identiv forecasts Q2 total net revenues to be between $23M-$25M, falling short of the estimated $27.15M. The company anticipates normal seasonality to continue.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 9:57 pm

AKA

a.k.a. Brands has updated its Q2 net sales expectation to $133M-$138M, aligning with estimates of $135.156M, and revised its FY24 forecast from $540M-$555M to $545M-$555M, closely matching the estimated $547.266M.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 9:55 pm

ESEA

Euroseas Ltd. (NASDAQ:ESEA) has entered into a time charter contract for its new 1,800 teu feeder containership, M/V Monica, for 10-12 months at $16,000/day, expected to start in mid-May 2024. The deal is financed partly by a $22.5 million loan from the National Bank of Fujairah. This charter is anticipated to contribute approximately $2.7 million of EBITDA for the minimum period and increases Euroseas' 2024 charter coverage to over 85%. The financing, advised by Alantra DIFC, also covers the sister ship M/V Stefania K, showcasing a commitment to sustainable maritime practices.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 9:51 pm

PIII

P3 Health Partners expects to achieve adjusted EBITDA positivity in 2024 and has reaffirmed its total revenue forecast for the year to be between $1.45 billion and $1.55 billion, aligning with an estimated $1.495 billion.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 9:51 pm

LMB

Limbach Holdings projects FY24 revenue to be between $510M-$530M and has increased its adjusted EBITDA guidance from $49M-$53M to $51M-$55M.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 9:50 pm

RDNT

RadNet has increased its FY24 net revenue forecast from the range of $1.650 billion-$1.700 billion to $1.675 billion-$1.725 billion, which is still below the estimated $1.755 billion.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 9:48 pm

MKFG

Markforged has reiterated its fiscal year 2024 revenue guidance, projecting revenues to be in the range of $95 million to $105 million, compared to the analyst estimate of $98.624 million.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 9:46 pm

NDLS

Noodles & Company has reaffirmed its total revenue guidance for 2024, projecting revenues to be in the range of $510 million to $525 million. This projection is in line with the estimated revenue of $518.08 million by analysts.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 9:45 pm

BIRD

Allbirds projects Q2 net revenue to be between $48M-$53M, aligning with estimates of $51.575M. The company also reaffirms its full-year 2024 revenue outlook of $190M-$210M, closely matching the estimated $198.25M.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 9:43 pm