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Revenues

ENOV

Recent analyst ratings for Enovis (NYSE:ENOV) show a mix of bullish sentiments with an updated average 12-month price target of $78.67, reflecting a 7.77% increase from the previous target. The company's financial performance indicates strong revenue growth, profitability, and efficient asset and debt management, positioning it favorably in the medical technology sector.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 12:00 pm

CGNX

Over the last three months, Cognex (NASDAQ:CGNX) has been evaluated by 5 analysts, showing a mix of bullish and indifferent sentiments. The average 12-month price target for CGNX has been raised to $47.2, reflecting an 11.72% increase from the previous target of $42.25. Analysts from firms including Needham, Baird, Citigroup, UBS, and Truist Securities have adjusted their ratings and price targets, indicating a positive outlook on the stock. Despite facing revenue challenges with a -17.86% decline over 3 months, Cognex's financial strength is evident in its net margin, ROE, ROA, and low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 12:00 pm

TDS

Telephone And Data Systems (TDS) reaffirmed its 2024 guidance, with UScellular projecting service revenues between $2.95B-$3.05B and TDS Telecom expecting total operating revenues of $1.07B-$1.10B. TDS Telecom has added 28,000 marketable fiber service addresses in Q1 and aims to reach 125,000 by 2024. Additionally, TDS and UScellular are exploring strategic alternatives for UScellular, with the review process still active.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 11:37 am

CBOE

Cboe Global Markets has provided its fiscal year 2024 financial guidance, anticipating organic net revenue growth of 5%-7%, with Data and Access Solutions revenue expected to grow 7%-10%. Adjusted operating expenses are projected to be $795M-$805M, with capital expenditures forecasted at $51M-$57M. The company also expects a non-operating income benefit of $37M-$43M from minority investments and an effective tax rate of 28.5%-30.5%.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 11:35 am

FUBO

FuboTV anticipates a 10% increase in North American subscribers for Q2, with projected revenues between $357.5M and $367.5M.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 11:34 am

FUBO

FuboTV's Q1 report shows an 18% year-over-year growth in North America paid subscribers, while its Rest of World segment saw a 5% increase.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 11:33 am

FYBR

In Q1, Frontier Communications (FYBR) reported significant growth with 322,000 new fiber passings, reaching a total of 6.8 million locations. The company added 88,000 fiber broadband customers, marking an 18% year-over-year increase. Revenue rose to $1.46 billion, a 1.5% increase from the previous year, driven by fiber product growth but tempered by declines in copper-based products. Operating income was $90 million, with a net income of $1 million. Adjusted EBITDA grew by 5.4% to $547 million, attributed to revenue growth and cost savings. The company's total cash capital investment was $1.0 billion, with net cash from operations at $335 million.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 11:16 am

BBU

Brookfield Bus Partners (BBU) reported Q1 2024 FFO of $1.53 per share, surpassing the $0.86 estimate, but their sales of $12.056B fell short of the $15.988B estimate. This represents a decrease in both earnings and sales from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 11:12 am

FYBR

Frontier Communications (FYBR) has reaffirmed its full-year 2024 operational and financial expectations, including an adjusted EBITDA of $2.20-$2.25 billion, fiber passing additions of 1.3 million, and significant investments in capital and cash taxes.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 11:08 am

FYBR

Frontier Communications (NASDAQ:FYBR) reported Q1 sales of $1.462 billion, surpassing the analyst consensus estimate of $1.435 billion by 1.91% and marking a 1.53% increase over the previous year's sales of $1.440 billion.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 11:02 am