Streetbeat News

Revenues

AGRX

Agile Therapeutics has been granted an extension by the Nasdaq Hearings Panel to regain compliance with the stockholders' equity continued listing requirement until March 25, 2024. The company expects FY23 revenue to be between $20M-$21M, an 84% to 93% increase from FY22, with GAAP operating expenses projected to decrease by 47% to 44% from $56.6M in FY22 to $30M-$31.5M in FY23. The company also plans to reverse a $2.1M accrual for performance bonuses.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:55 pm

FOX

FOXA

FOX News Digital reported an 11% increase in views for January, indicating a significant rise in digital content consumption.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:55 pm

FOX

FOX News Digital and FOX Business have shown significant growth in January, with FOX News Digital leading in multiplatform views and minutes for 35 and 16 consecutive months, respectively. It reached 3.3 billion multiplatform minutes, 1.7 billion views, and 110 million unique visitors. The FOX News Mobile App surpassed CNN's app in unique visitors for the second month. FOX News was the top social media brand in its set, and FOXBusiness.com outperformed CNN Business and Bloomberg.com in multiplatform views and minutes.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:52 pm

CWST

Casella Waste Systems projects its FY24 revenue to be between $1.489 billion and $1.510 billion, which is around the analyst estimate of $1.498 billion.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:50 pm

BLZE

Backblaze anticipates Q1 revenue to be between $29.6M-$30M, surpassing the estimated $28.907M. For the full year of 2024, the company expects revenue to range from $126M-$128M, also exceeding the forecast of $123.797M.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:47 pm

TXRH

Texas Roadhouse is set to increase its menu prices by approximately 2.2% in late March. This decision is part of the company's strategy to manage operational costs and maintain profitability.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:40 pm

TTD

Trade Desk has projected its Q1 revenue to be at least $478 million, surpassing the estimated $451.87 million, with an expected Adjusted EBITDA of around $130 million.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:39 pm

HOOD

Robinhood Markets reported a 2% increase in total cash sweep balances at the end of January to $16.8 billion, up from the end of December 2023. Additionally, their total securities lending revenue in January remained steady at $12 million, unchanged from December 2023.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:35 pm

HOOD

Robinhood Markets, Inc. (NASDAQ:HOOD) reported its January 2024 operating data, showing a slight increase in funded customers to 23.5 million and assets under custody remaining stable at $102.4 billion. Net deposits saw a 44% annualized growth rate, with trading volumes increasing for options but decreasing for equities and crypto. Margin balances and total cash sweep balances also saw modest increases.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:34 pm

DKNG

DraftKings reported a 37% increase in Monthly Unique Payers to 3.5 million average monthly unique paying customers. Additionally, the Average Revenue Per Monthly Unique Payer (MUP) increased by 6%.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:29 pm