Streetbeat News

Revenues

HIMS

Hims & Hers Health, Inc. (NYSE:HIMS) reported Q4 earnings of 1 cent per share, surpassing the expected loss of 3 cents per share. Quarterly sales reached $246.62 million, beating estimates by 0.33% and marking a 47.5% increase year-over-year. Subscriber count rose to 1.5 million, a 48% increase. The company projects Q1 2024 revenue between $267 million and $272 million, and FY 2024 revenue between $1.17 billion and $1.20 billion, both above estimates. Shares surged 16.1% after-hours to $11.90.

Portfolio Pulse from Erica Kollmann

February 26, 2024 | 9:31 pm

OPAD

Offerpad Solutions Inc. has projected its Q1 revenue to be between $245 million and $285 million, which falls short of the estimated $366.78 million.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:31 pm

MBC

MasterBrand anticipates a year-over-year decline in FY24 net sales ranging from a low single-digit percentage to flat, indicating a potential slowdown in revenue growth.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:29 pm

PRIM

Primoris Services (NASDAQ:PRIM) reported Q4 2023 adjusted EPS of $0.85, surpassing the $0.67 estimate, but its sales of $1.52B fell short of the $1.55B estimate. This represents a 8.6% decrease in EPS and a 14.06% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:29 pm

SEZL

Sezzle projects a net income of $20 million for FY24, with a year-over-year total income growth of 20% and total income less transaction-related costs accounting for 50% of total income.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:27 pm

SEZL

Sezzle reported a total income of $48.9M in Q4 2023, marking a 27.8% increase YoY and setting a new quarterly high. Underlying Merchant Sales rose by 33.1% YoY to $601.9M. The company achieved its sixth consecutive quarter of profitability with a GAAP Net Income of $2.9M. Adjusted EBTDA and EBITDA were $3.2M and $7.8M, respectively. As of the end of Q4, Sezzle had $70.7M in cash and $95.0M drawn from its credit facility. Total Stockholders' Equity increased by 149.8% YoY to $22.1M.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:26 pm

AIN

Albany International projects its FY24 earnings per share (EPS) to be between $3.55 and $4.05, compared to the estimated $4.04. The company also forecasts revenue to range from $1.26 billion to $1.33 billion, against an estimate of $1.287 billion.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:24 pm

PWSC

PowerSchool anticipates Q1 total revenue to be between $183M-$186M, slightly below the estimated $185.18M. For FY24, the company projects revenue to be in the range of $786M-$792M, closely aligning with the estimated $788.82M.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:23 pm

U

Unity projects its Q1 strategic portfolio revenue to be between $415M-$420M and forecasts its FY24 revenue for the strategic portfolio to range from $1.76B-$1.8B.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:21 pm

GPI

Group 1 Automotive has acquired Newport Lexus and Tustin Lexus, two dealerships in Orange County, California. The terms of the acquisition were not disclosed. These dealerships are expected to generate $350 million in annual revenues, increasing Group 1's 2024 year-to-date total acquired revenues to $850 million. This follows $1.1 billion of acquired revenues in 2023.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:20 pm