Streetbeat News

Revenues

CWAN

Clearwater Analytics has projected its FY24 revenue to be between $438M and $442M, surpassing the estimated $434.406M.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:21 pm

CWAN

Clearwater Analytics projects its Q2 2024 revenue to be in the range of $105M-$106M, aligning closely with the analyst estimate of $105.652M.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:21 pm

BFLY

Butterfly Network has updated its FY24 revenue forecast to $75M-$80M, indicating a 15-20% growth, higher than the previous low double-digit estimate. The company also improved its Adjusted EBITDA loss projection to $55M-$50M from the earlier $60M-$50M range.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:20 pm

WHG

Westwood Holdings Group reported a Q1 Economic EPS of $0.36 and sales of $22.73M, maintaining the same sales level as the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:18 pm

CPSH

CPS Technologies (NASDAQ:CPSH) reported a decrease in Q1 sales to $5.90 million, down 16.90% from $7.10 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:17 pm

JAZZ

Jazz Pharmaceuticals has reaffirmed its revenue guidance for the year 2024, projecting revenues to be between $4 billion and $4.2 billion.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:08 pm

NFG

National Fuel projects its pipeline and storage revenue to be between $400M-$420M.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:06 pm

DGII

Digi International has revised its FY24 revenue projection downwards by 5% Y/Y, citing increased customer caution and longer sales cycles. This adjustment also slightly lowers the expected Adjusted EBITDA range to 0-5%.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:04 pm

CCCS

Analysts have recently provided diverse opinions on CCC Intelligent Solutions (NASDAQ:CCCS), with ratings ranging from bullish to bearish. The average 12-month price target is $13.86, indicating an 8.71% increase from the previous target. The company's financial performance shows a 12.0% revenue growth rate, a net margin of 11.03%, but lower than average ROE and ROA, and a high debt-to-equity ratio. CCC Intelligent Solutions operates in the cloud, mobile, AI, and telematics sectors, primarily in the US and China.

Portfolio Pulse from Benzinga Insights

May 01, 2024 | 9:01 pm

LPLA

LPL Financial Holdings (NASDAQ:LPLA) has been analyzed by 12 analysts, showing a mix of bullish and indifferent sentiments with no bearish views. The average 12-month price target is $284.17, up from $269.20, indicating a positive outlook. Analysts from firms like JMP Securities, TD Cowen, Morgan Stanley, Barclays, JP Morgan, and UBS have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. LPL Financial Holdings, with over 20,000 advisors and $1.3 trillion in client assets, shows strong market recognition, solid revenue growth, and effective utilization of equity and assets, despite challenges in net margin and a lower growth rate compared to peers.

Portfolio Pulse from Benzinga Insights

May 01, 2024 | 9:01 pm