Streetbeat News

Revenues

IONQ

IonQ projects its FY24 revenue to be in the range of $37M-$41M, which is around the analyst estimate of $38.890M.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:47 pm

NTDOY

Nintendo ADR (OTC:NTDOY) has filed a lawsuit against Tropic Haze, the developers of the Yuzu emulator, for facilitating over one million illegal downloads of 'The Legend of Zelda: Tears of the Kingdom' before its release. The suit, filed in Rhode Island, accuses Tropic Haze of violating the Digital Millennium Copyright Act by enabling users to decrypt and play Nintendo Switch games without purchase. Nintendo seeks control of Yuzu's domain, financial damages, and $150,000 for each copyrighted work infringed. The lawsuit also highlights Yuzu's Patreon earnings from bypassing Nintendo's anti-piracy measures.

Portfolio Pulse from Franca Quarneti

February 28, 2024 | 9:46 pm

SILK

Silk Road Medical has projected its full-year 2024 revenue to be between $194 million and $198 million, surpassing the estimated $191.652 million. This forecast suggests a positive outlook for the company's financial performance.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:45 pm

PSNL

Personalis, Inc. anticipates Q1 revenue to be between $18M-$19M, slightly below the estimated $19.10M. For 2024, the revenue forecast is set at $73M-$75M, narrowly missing the $75.007M estimate.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:43 pm

ESTA

Establishment Labs Holdings projects its FY24 revenue to be between $174M and $184M, surpassing the estimated $173.691M.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:42 pm

JRVR

James River Gr Hldgs (JRVR) reported Q4 2023 earnings of $0.33 per share, missing the consensus estimate of $0.44 by 25%. However, their quarterly sales of $181.95M exceeded the estimate of $146.18M by 24.47%, marking a 9.50% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:41 pm

TIPT

Tiptree Inc. (NASDAQ:TIPT) reported a significant increase in its Q4 earnings per share (EPS) to $0.15, up from $0.02 YoY, alongside a 20.80% increase in sales to $446.37M from $369.53M YoY.

Portfolio Pulse from Happy Mohamed

February 28, 2024 | 9:41 pm

LAB

Standard BioTools announced post-merger revenue expectations of $200M-$205M, significantly higher than its previous estimate of $120.2M. The merger with SomaLogic was completed on January 5, 2024.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:40 pm

AMC

AMC Entertainment Holdings reported Q4 financial results with a revenue of $1.1 billion, up 12% YOY, beating estimates. The company saw a loss of 54 cents per share, an improvement over the previous year and better than expected. Full-year revenue was $4.81 billion, up 23% YOY, with $425.8 million in EBITDA. Success was attributed to Taylor Swift and Beyonce concert films, which significantly contributed to Q4 revenue and EBITDA. AMC ended the year with $884.3 million in cash and is focusing on reducing debt and raising cash for 2024.

Portfolio Pulse from Chris Katje

February 28, 2024 | 9:38 pm

CDNA

CareDx, identified by its stock symbol CDNA, has projected its revenue for the year 2024 to be in the range of $260 million to $274 million. This forecast is in line with the estimated revenue of $260.618 million by analysts.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:36 pm