Streetbeat News

Revenues

WKME

WalkMe provided its financial outlook, expecting FY24 revenue to be between $279M-$283M, below the $286.55M estimate. For Q1, revenue is anticipated to be between $67.6M-$68.6M, also below the $69.34M estimate.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 12:29 pm

VRSK

Verisk has issued its FY24 outlook, projecting revenues to be between $2.840 billion and $2.900 billion, compared to the estimated $2.87 billion. The adjusted EPS is forecasted to be between $6.30 and $6.60, slightly below the estimated $6.61.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 12:25 pm

PRG

PROG Holdings forecasts its FY24 revenues to be in the range of $2.235B-$2.335B, which is around the current estimate of $2.31B. However, its projected adjusted EPS of $2.70-$3.00 falls short of the estimated $3.28.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 12:25 pm

SSTK

Shutterstock projects its 2024 revenue to be $875M, below the estimated $919.34M, with an adjusted EBITDA of $241M, consistent with 2023. The company anticipates an adjusted EPS of $4.15-$4.30, closely aligning with the estimated $4.18.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 12:14 pm

GLBE

Global-E Online has provided its Q1 2024 and full year 2024 financial guidance, projecting Q1 revenue to be between $138.5M and $145M, which is below the estimated $150.48M. For FY 2024, the company expects revenue to range from $731M to $771M, compared to the estimated $756.02M. Additionally, Global-E forecasts Gross Merchandise Value (GMV) to be between $875M and $915M for Q1 and between $4,590M and $4,830M for the full year. Adjusted EBITDA is anticipated to be between $16M and $20M for Q1 and between $121M and $137M for FY 2024.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 12:12 pm

BLCO

Bausch + Lomb projects its 2024 revenue to be between $4.6 billion and $4.7 billion, surpassing the consensus estimate of $4.56 billion. The company also forecasts its adjusted EBITDA for the same period to be in the range of $840 million to $890 million.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 12:10 pm

PGY

Pagaya Technologies forecasts its Q1 revenue to be between $225M-$240M, compared to the estimated $230.67M. For FY24, the company anticipates revenue to range from $0.925B to $1.050B, against the estimated $1.04B.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 12:09 pm

IONS

Ionis Pharmaceuticals projects its full-year 2024 revenue to exceed $575M, below the consensus estimate of $635.31M. The company anticipates an adjusted operating loss of less than $(475)M and expects to have around $1.7B in cash, cash equivalents, and short-term investments.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 12:09 pm

SSTK

Shutterstock aims for a 10% compound annual growth rate (CAGR) in revenue, targeting $1.2 billion by 2027. The company also plans to expand its EBITDA margin from 28% to 30%, aiming for a 2027 EBITDA of $350 million.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 12:07 pm

CSTE

Caesarstone anticipates positive adjusted EBITDA in 2024, citing signs of business stabilization, potential Fed rate cuts, and strategic restructuring. The company expects Q1 revenues to align with Q4 and improve sequentially, maintaining optimism despite macro uncertainties and competitive pressures.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 12:07 pm