Streetbeat News

Revenues

BIRK

Analyst ratings for Birkenstock Holding (NYSE:BIRK) show a mix of bullish to bearish sentiments, with a recent trend towards more positive evaluations. The average 12-month price target is $54.62, indicating a 9.24% increase from the previous target. Birkenstock's financial performance shows strong revenue growth but challenges in profitability and asset utilization. The company operates globally, selling footbed-based products and has a below-average market capitalization and net margin.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 1:00 pm

BPMC

RIGL

Rigel Pharmaceuticals has acquired the U.S. rights to GAVRETO from Blueprint Medicines for a $15M purchase price, with potential for up to $97.5M in commercial milestone payments and an additional $5M in future regulatory milestone payments. GAVRETO, an FDA approved therapy for certain cancers, generated approximately $28M in U.S. sales in 2023. This acquisition expands Rigel's portfolio and leverages its existing infrastructure.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 12:53 pm

VFS

Vinfast Auto aims to deliver 100,000 vehicles in 2024, noting positive market trends in the U.S. and Indonesia. This ambitious target reflects the company's confidence in its growth and market acceptance.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 12:53 pm

KLTR

Kaltura projects its FY24 revenue to be in the range of $173.7M to $176.7M, which is around the analyst estimate of $175.407M.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 12:45 pm

KLTR

Kaltura projects its Q1 2024 revenue to be between $42.7M and $43.5M, slightly above the estimated $42.612M.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 12:45 pm

THRY

Thryv anticipates its FY24 SaaS revenue to be between $325M and $328M, with an expected SaaS Adjusted EBITDA of $26M to $29M.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 12:44 pm

HLMN

Hillman Solutions projects its FY24 revenue to be in the range of $1.475 billion to $1.555 billion, which is around the analyst estimate of $1.487 billion.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 12:42 pm

THRY

Thryv announced an acceleration in marketing services upgrades to its SaaS platform, projecting that SaaS revenues will constitute nearly 40% of its total revenue by the end of 2024.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 12:40 pm

CARS

Cars.com reported a slight decrease in Average Monthly Unique Visitors to 24.3M from 24.6M YoY, but saw a 2% increase in overall Traffic to 142.7M. The Monthly Average Revenue Per Dealer increased by 7% YoY to $2,523, and the number of Dealer Customers grew by 789 from the previous quarter to 19,504 as of December 31, 2023.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 12:35 pm

HNI

HNI Corporation expects Kimball International to contribute an additional $215M to $225M in revenue for 2024, significantly boosting earnings. Kimball International added $16M to Q4 operating profit with an 11% margin and contributed $0.07 to non-GAAP EPS. Expected annual cost synergies have been revised up to $35M from $25M, to be achieved in 2024.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 12:34 pm