Streetbeat News

Revenues

GPMT

Granite Point Mortgage (NYSE:GPMT) reported Q1 2024 earnings of $0.03 per share, meeting consensus estimates but marking an 85% decrease from the previous year. Sales were $12.523M, missing estimates by 17.95% and showing a 45.35% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 10:46 pm

CGBD

Carlyle Secured Lending (NASDAQ:CGBD) reported Q1 2024 GAAP EPS of $0.52, meeting analyst estimates, and sales of $62.007M, exceeding the $60.014M forecast. This represents a 4% increase in earnings and a 6.22% increase in sales over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 10:33 pm

AWR

American States Water (NYSE:AWR) reported Q1 2024 adjusted EPS of $0.62, meeting analyst estimates, with sales of $135.251M surpassing the $119M forecast. This represents a 3.33% increase in EPS and a 16.21% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 10:31 pm

LILA

Liberty Latin America (LILA) reported Q1 sales of $1.099 billion, missing the consensus estimate of $1.112 billion by 1.17% and marking a 0.45% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 10:25 pm

EPM

Evolution Petroleum (AMEX:EPM) reported Q3 2024 earnings of $0.03 per share, meeting analyst estimates but marking a 92.86% decrease from the previous year. Sales were $23.025M, exceeding estimates by 2.88% but showing a 37.55% decrease year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 10:24 pm

PRO

PROS Holdings projects Q2 EPS between $0.00-$0.02, below the $0.03 estimate, with revenue expected to be $80.5M-$81.5M, missing the $82.98M forecast. For FY24, revenue is anticipated to be $332.5M-$334.5M, closely aligning with the $333.66M estimate. The company forecasts a 7% revenue increase in Q2 2024 compared to Q2 2023, and a 10% increase for the full year. Subscription revenue is expected to grow by 12-13%, with adjusted EBITDA and free cash flow also projected to increase.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 10:23 pm

PAYS

PaySign anticipates a 27.5% increase in revenue for Q2 2024, signaling strong growth prospects for the company.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 10:21 pm

PAYS

PaySign projects its FY24 revenue to be in the range of $54.5M-$56.7M, which is around the analyst estimate of $55.726M.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 10:21 pm

MEG

Montrose Environmental Group (MEG) has reiterated its FY24 revenue forecast, expecting it to be between $690M-$740M, aligning with analysts' expectations of $710.01M. The company also anticipates its Consolidated Adjusted EBITDA to range from $95M to $100M for the same period. These projections are based on expected low double-digit organic revenue growth and continued year-on-year margin expansion in Consolidated Adjusted EBITDA, excluding any potential benefits from future acquisitions.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 10:19 pm

SLDP

Solid Power reiterated its financial guidance for 2024, expecting operational cash use between $60 million to $70 million and capital expenditures between $40 million to $50 million, with total cash investment ranging from $100 million to $120 million. The company also expects 2024 revenue to be between $20 million to $25 million, including about $35 million in deferred operational and capital investments from 2023.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 10:19 pm