Streetbeat News

Revenues

ANGI

Angi (NASDAQ:ANGI) reported Q1 sales of $305.390M, surpassing the analyst consensus estimate of $297.551M by 2.63%, but marking a 22.18% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:36 pm

POWI

Power Integrations forecasts its Q2 revenues to be around $105 million, plus or minus $5 million, surpassing the estimated $103.533 million.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:36 pm

PWSC

PowerSchool Holdings (PWSC) reported Q1 2024 earnings of $0.17 per share, missing the consensus estimate of $0.21. However, their sales of $185.00M slightly beat the estimate of $184.82M, marking a 16.02% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:35 pm

PCRX

Pacira BioSciences has reaffirmed its financial guidance for FY24, projecting total revenue in the range of $680M-$705M, with an estimated midpoint of $691.609M.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:34 pm

BKD

Brookdale forecasts a year-over-year growth in FY24 RevPAR (Revenue Per Available Room) of 6.25% to 6.75%.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:33 pm

KD

Kyndryl Holdings projects its FY25 revenue to be between $15.2B and $15.5B, which is in line with the estimated $15.273B.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:31 pm

HALO

Halozyme reiterates its FY24 guidance, projecting total revenue between $915M-$985M, compared to the estimated $951.47M, and an adjusted EPS of $3.55-$3.90, against an estimate of $3.68.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:29 pm

GNL

Global Net Lease (GNL) reported Q1 2024 FFO of $0.25 per share, missing the $0.31 estimate, and sales of $206.045M, slightly below the $206.982M estimate. This represents a 16.67% decrease in earnings per share and a 118.43% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:28 pm

UPST

Upstart Holdings Inc (NASDAQ:UPST) reported Q1 earnings with revenue of $128 million, surpassing estimates and achieving a 24% year-over-year increase but a 9% sequential decrease. The company beat EPS estimates with an adjusted loss of 31 cents per share. Loan originations rose 13% year-over-year to 119,380, totaling $1.1 billion. Upstart anticipates sequential growth in H2 and positive EBITDA by year-end. Q2 revenue is expected to be around $125 million, below estimates, with a projected adjusted EBITDA loss of $25 million.

Portfolio Pulse from Adam Eckert

May 07, 2024 | 8:27 pm

SCOR

comScore projects FY24 revenue to be between $375M-$390M, aligning with estimates. Q2 2024 revenue is expected to be lower than Q2 2023, with growth anticipated in the latter half of the year driven by Proximic and CCR products. The company maintains its adjusted EBITDA margin forecast between 12%-15%, despite pressures on national TV revenue and unpredictable demand for custom digital products due to macroeconomic factors. comScore cites inability to provide GAAP net income forecasts due to uncertainties in predicting future expenses and potential material impacts.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:27 pm