Streetbeat News

Revenues

MDAI

Spectral AI has reaffirmed its fiscal year 2024 revenue guidance, projecting revenues to be around $28 million, closely aligning with the estimated $28.2 million.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 10:15 pm

BTMD

Biote has reaffirmed its 2024 financial guidance, citing a strong first quarter and expectations for increased revenue growth in the latter half of the year. The company expects revenues to be between $200-$204 million and adjusted EBITDA to be in the range of $60-$63 million.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 10:15 pm

KTOS

Kratos Defense & Security Solutions (KTOS) provided Q2 and FY24 financial guidance, forecasting Q2 revenue between $265M-$280M against a $270.76M estimate, and FY24 revenue between $1.125B-$1.150B versus a $1.14B estimate. The guidance reflects challenges such as employee sourcing, supply chain disruptions, and parts shortages, impacting costs and prices. Key financial metrics include R&D, operating income, depreciation, amortization, stock-based compensation, adjusted EBITDA, operating cash flow, capital expenditures, and free cash flow use.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 10:12 pm

KE

Kimball Electronics announced that it expects its FY24 net sales to decline by 4-6%. This forecast suggests a challenging year ahead for the company.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 10:12 pm

AMRC

Ameresco, identified by its ticker AMRC, has reaffirmed its financial guidance for FY 2024, projecting revenues between $1.60 billion and $1.70 billion, gross margins between 17.5% and 18.5%, adjusted EBITDA of $210 million to $240 million, interest expenses and other costs between $60 million and $65 million, and non-GAAP EPS between $1.30 and $1.50.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 10:11 pm

PRTS

CarParts.com has revised its FY24 revenue guidance downwards from the previously estimated range of $662M-$688M to a new range of $600M-$625M, against analysts' expectations of $673.35M. However, the company expects to maintain its gross profit within the previously forecasted range, with an improved gross margin forecast of 33%, plus or minus 100 basis points, compared to the earlier 31%.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 10:11 pm

ATER

Aterian projects Q2 2024 net revenue to be between $20M-$23M, with an estimated midpoint of $21.656M, despite global economic challenges and inflation. The company also reaffirms its target for adjusted EBITDA profitability in the second half of 2024, expecting an adjusted EBITDA loss of $1M-$2M for Q2.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 10:09 pm

CMP

Compass Minerals Intl shares dropped following the announcement of Q2 financial results and FY24 revenue guidance that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 10:06 pm

ISPO

Inspirato has reaffirmed its revenue guidance for 2024, projecting revenues to be in the range of $275 million to $305 million.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 10:05 pm

RIOCF

Riocan REIT reported a Q4 FFO of $0.33 per share, up from $0.31 YoY, with sales of $225.09M, slightly down from $227.96M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 10:04 pm