Streetbeat News

Revenues

BFLY

Butterfly Network projects its revenue to grow by a low double-digit percentage in FY24, indicating a positive outlook for the company's financial performance.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:33 pm

MX

Magnachip forecasts Q1 consolidated revenue to be between $46M-$51M, below the estimated $53.75M. The forecast includes about $3M from Transitional Foundry Services. The company also expects its 2024 consolidated revenue to be flat or slightly up year-over-year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:31 pm

CWAN

Clearwater Analytics Holdings projects its FY24 revenue to be between $431M and $437M, which is below the estimated $440.143M.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:26 pm

CWAN

Clearwater Analytics Holdings reported its Q1 2024 revenue forecast to be $100.5 million, which is below the estimated $101.812 million.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:26 pm

SHLS

Shoals Technologies projects its Q1 2024 revenue to be between $90M and $100M, which is significantly lower than the estimated $133.730M.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:24 pm

PNTG

Pennant Gr (PNTG) reported Q4 2023 earnings of $0.22 per share, meeting analyst estimates, with sales of $145.95M, exceeding the $136.43M estimate by 6.98%. This represents a 17.08% increase over the previous year's sales of $124.67M.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:24 pm

CCCS

CCC Intelligent Solutions forecasts Q1 revenue between $224.5M-$226M, surpassing estimates of $222.955M, and anticipates FY24 revenue of $942M-$950M, exceeding expectations of $934.137M.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:24 pm

NARI

Inari Medical projects its 2024 revenue to be between $580M-$595M, aligning closely with the estimated $588.336M. The company also reaffirms its expectation to achieve sustained operating profitability in the first half of 2025.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:21 pm

NSA

National Storage Affiliates Trust (NSA) projects its Core FFO per share for FY24 to be between $2.40 and $2.56, with EPS ranging from $1.43 to $1.59. The guidance reflects a potential decline in same store total revenue growth, from 2.4% in 2023 to a range between -4.0% and 0.0% in 2024. Property operating expenses and NOI growth are also expected to see changes. The company plans acquisitions of self-storage properties worth between $100.0 million and $300.0 million.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:20 pm

EVTC

EVERTEC anticipates its 2024 total consolidated revenue to be between $844M and $854M, surpassing the estimated $770.426M. However, its adjusted EPS is expected to range from $2.82 to $2.94, slightly below the estimated $3.00.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:19 pm