Streetbeat News

Revenues

ALHC

Alignment Healthcare's shares surged following the announcement of better-than-expected Q1 revenue results, alongside issuing Q2 revenue guidance and raising FY24 revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 10:15 pm

SIMO

Silicon Motion Technology (SIMO) projects Q2 revenue to be between $199M-$208M, surpassing the $187.06M estimate, and raises its FY24 revenue forecast to $800M-$830M, above the $793.25M estimate. The company attributes this growth to scaling programs with flash maker customers and the adoption of its controller solutions by PC and smartphone OEMs for advanced applications like AI. Both GAAP and non-GAAP projections indicate significant year-over-year growth, with improvements in gross and operating margins expected.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 10:10 pm

GDDY

GoDaddy projects its FY24 revenue to be between $4.50 billion and $4.56 billion, compared to the estimated $4.521 billion.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 10:00 pm

GDDY

GoDaddy projects its Q2 2024 revenue to be between $1.10 billion and $1.12 billion, which is in line with the estimated $1.114 billion.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 9:59 pm

LFVN

Lifevantage projects its FY24 revenue to be between $202 million and $205 million.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 9:59 pm

UEIC

Universal Electronics projects its Q2 net sales to be between $90M-$100M, against an estimated $96.436M. The company also forecasts its adjusted EPS to range from $(0.10) to $0.00, compared to an estimated $(0.04).

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 9:59 pm

PBYI

Puma Biotechnology projects Q2 net product revenue to be between $43M-$45M and forecasts full-year 2024 revenue to range from $183M-$190M. The company also anticipates royalty revenue and license revenue, alongside a net income of $12M-$15M for FY24.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 9:59 pm

SGHT

Sight Sciences has reaffirmed its revenue guidance for FY24, projecting revenues to be in the range of $81M-$85M, which aligns closely with the analyst estimate of $82.48M.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 9:56 pm

UDMY

Udemy projects its FY24 revenue to be between $795 million and $805 million, compared to the consensus estimate of $802.548 million.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 9:54 pm

UDMY

Udemy projects its Q2 2024 revenue to be between $192M and $195M, which is below the estimated $195.579M.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 9:54 pm