Streetbeat News

Revenues

EWA

Australia's retail sales for March showed a decline of 0.4%, underperforming against the estimated 0.2% increase and a revision of the previous month's 0.2% gain. This indicates a contraction in consumer spending in Australia for the month.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 4:40 am

WGS

GeneDx Holdings Corp. (NASDAQ:WGS) reported Q1 financial results surpassing analyst expectations with a loss of 33 cents per share against an estimated 67 cents, and quarterly sales of $62.422 million, beating estimates by 26.2%. The company has raised its FY24 revenue guidance to $235-$245 million and expects to reach profitability in 2025. Shares surged 29.36% after-hours to $11.

Portfolio Pulse from Erica Kollmann

April 29, 2024 | 9:14 pm

FLXS

Flexsteel Industries projects its FY25 revenue to be between $416M and $432M, compared to the estimated $426.976M.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 9:02 pm

FLXS

Flexsteel Industries projects its Q4 2024 revenue to be in the range of $107M-$112M, which is around the analyst estimate of $110.052M.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 9:02 pm

HA

YOU

CLEAR (NYSE:YOU) is launching its identity verification technology at Kahului Airport (OGG) in Maui, expected to create 33 jobs and generate $2.1M annually in local economic impact. This expansion is part of CLEAR's growth, now serving 57 airports. A partnership with Hawaiian Airlines offers discounted CLEAR Plus memberships to HawaiianMiles members, enhancing travel efficiency. The launch at OGG and the upcoming launch at Honolulu's airport signify CLEAR's commitment to improving travel experiences and supporting local economies.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:49 pm

ETWO

E2open Parent Holdings projects its FY25 revenue to be in the range of $630M-$645M, which is around the analyst estimate of $636.378M.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:46 pm

RMBS

Rambus projects its Q2 2024 product revenue to be between $52M-$58M, with contract and other revenue expected to range from $17M-$23M.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:45 pm

ESI

Element Solutions (NYSE:ESI) reported Q1 adjusted earnings of $0.34 per share, surpassing the $0.32 estimate, a 13.33% increase from last year. However, sales of $575M fell short of the $587.51M estimate, a slight 0.10% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:42 pm

WT

WisdomTree, Inc. outlines its performance, recent milestones, and growth strategy in a letter to stockholders ahead of the 2024 Annual Meeting. The company highlights a 40% stock price increase over the past year, surpassing its 5-year high, and a market capitalization increase of approximately $200 million since the 2023 annual meeting. WisdomTree reports record AUM of $107.2 billion as of March 31, 2024, and significant revenue growth. The letter also addresses the company's expansion into digital assets and blockchain-enabled finance, including the launch of WisdomTree Prime and a Visa Debit Card. It refutes claims made by dissident stockholder Graham Tuckwell, emphasizing the board's support for the current strategic plan and vision. WisdomTree urges stockholders to vote "FOR" all directors to continue its growth trajectory.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:41 pm

PKOH

Park-Ohio Holdings forecasts FY24 revenue growth in the mid-single digit range year-over-year, attributed to strong demand in most end markets for Supply Technologies and Assembly Components, and a robust backlog in Engineered Products. The company also anticipates year-over-year improvements in EPS and EBITDA.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:41 pm