Streetbeat News

Revenues

BOOM

DMC Global projects its Q1 2024 revenue to be in the range of $168 million to $178 million, compared to the estimated $170.567 million.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:43 pm

COLD

CP

Americold Realty Trust (NYSE:COLD) announced plans to develop its first cold storage facility on the Canadian Pacific Kansas City (CPKC) rail network in Kansas City, Missouri, marking a strategic collaboration between COLD and CPKC (TSX:CP) (NYSE:CP). The $127 million facility aims to connect key U.S. Midwest and Mexico markets, supporting CPKC's MMX service for more efficient goods transport. The project, expected to create nearly 190 jobs, underscores Missouri's strategic value and aims to strengthen North American supply chains.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:43 pm

LPLA

LPL Financial Holdings Inc. (NASDAQ:LPLA) reported an increase in total advisory and brokerage assets to $1.36 trillion at the end of January 2024, marking a 0.6% rise from December 2023. The firm saw $2.0 billion in net new assets, a 1.8% annualized growth rate, and $2.4 billion in net new advisory assets, a 3.9% annualized growth rate. However, total client cash balances decreased by $1.2 billion to $47.3 billion. Net buying for January was $12.0 billion.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:42 pm

MRVI

Maravai LifeSciences projects its FY24 revenue to be between $265M and $285M, surpassing the estimated $261.033M.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:41 pm

HCAT

Health Catalyst projects its Q1 2024 revenue to be between $72.5M and $76.5M, which is below the estimated $78.989M.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:39 pm

DVAX

Dynavax Technologies projects its FY24 net product revenue to be between $265M-$280M, which is below the estimated $290.628M.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:38 pm

MELI

MercadoLibre (NASDAQ:MELI) reported Q4 2023 earnings of $3.25 per share, unchanged YoY, with sales of $4.26B, beating the $4.12B estimate. This represents a 41.94% increase over the previous year's sales of $3.00B.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:37 pm

SNBR

Sleep Number projects its FY24 adjusted EBITDA to be between $125M-$145M, with net sales expected to decrease by mid-single digits percentage. This forecast suggests a cautious outlook for the company's financial performance in the upcoming fiscal year.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:36 pm

MRIN

Marin Software projects its Q1 revenues to be between $4M and $4.3M.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:35 pm

RKT

Rocket Companies has projected its Q1 adjusted revenue to be between $925 million and $1.075 billion, which is in line with the estimated $929.87 million.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:34 pm