Streetbeat News

Revenues

RMBL

RumbleOn announced a new three-year operating plan, projecting annual revenue to surpass $1.7 billion, with adjusted EBITDA over $150 million and adjusted free cash flow (FCF) of $90 million or more by 2026.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 11:12 am

GLD

SPY

UNG

USO

U.S. markets closed mixed with the S&P 500 and Nasdaq declining, while Asian markets showed mixed results and European markets trended upwards. Economic data revealed a 7.1% increase in U.S. mortgage applications. The energy, materials, and utilities sectors led gains in the S&P 500, whereas information technology and real estate sectors underperformed. Crude Oil WTI and Brent both saw increases, trading above $80. Commodities and futures also experienced varied movements.

Portfolio Pulse from Akanksha Bakshi

March 14, 2024 | 11:11 am

BBW

Build-A-Bear Workshop anticipates revenue growth for FY24 to be in the low-to-mid-single-digit percentage range.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 10:48 am

KPLT

Katapult expects a 12-14% YoY revenue increase in Q1 2024 and at least 10% YoY growth for the full year. The company anticipates flat YoY gross originations growth in Q1 but expects improvement throughout 2024. Adjusted EBITDA is projected to improve due to revenue growth and a 15% reduction in fixed cash operating expenses. The outlook assumes stable macro conditions and no significant changes from prime creditors.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 10:47 am

AVAH

Aveanna Healthcare's shares surged following the announcement of its Q4 financial results and the issuance of its FY24 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 10:42 am

AVAH

Aveanna Healthcare projects its FY24 revenue to be between $1.96B and $1.98B, closely aligning with the $1.97B estimate. The company also anticipates its adjusted EBITDA to range from $146M to $150M.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 10:39 am

INFU

InfuSystems Holdings projects its FY24 net revenue to grow in the high-single-digit range and expects its adjusted EBITDA margin to be in the high-teens.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 10:33 am

INFU

InfuSystems Holdings (AMEX:INFU) reported Q4 sales of $31.77M, surpassing the analyst consensus estimate of $30.00M by 5.90% and marking a 10.20% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 10:31 am

CSIQ

Canadian Solar reiterates its 2024 outlook, expecting total module shipments to align with previous forecasts and projecting total revenue of $8.5B-$9.5B, against an estimate of $9.57B. CEO Shawn Qu highlights a softer first quarter but remains optimistic about profitable growth and increased gross margins through strategic volume management and contributions from e-STORAGE. The company anticipates accelerated growth in the latter part of 2024.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 10:08 am

CSIQ

Canadian Solar forecasts Q1 total revenue of $1.2B-$1.4B, below the estimated $1.90B. Gross margin is anticipated to be 17%-19%. Module shipments are expected to be 6.1-6.4 GW, including about 235 MW to its own projects. Battery energy storage shipments are projected at 1 GWh.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 10:05 am