Streetbeat News

Revenues

TGL

Treasure Global (TGL) anticipates that its focus on AI in Q3 2024 will facilitate its expansion plans in Indonesia and the surrounding region.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 10:04 pm

TGL

Treasure Global reported a significant decrease in its Q2 2024 revenue, posting $6.7M, down from $20.4M in the same quarter the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 10:03 pm

RBBN

Ribbon Communications projects its FY24 revenue to be between $840M-$870M, which is below the estimated $885.762M.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 9:53 pm

RBBN

Ribbon Communications projects its Q1 2024 revenue to be between $180M-$190M, which is below the estimated $193.750M.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 9:52 pm

NRDS

NerdWallet anticipates its Q1 revenue to be between $155M and $160M, marking a 7% year-over-year decrease at the midpoint. This forecast exceeds the estimated revenue of $154.265M.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 9:50 pm

UDMY

Udemy projects its FY24 revenue to be between $795M and $810M, which is below the estimated $828.588M.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 9:44 pm

UDMY

Udemy projects its Q1 2024 revenue to be between $193M and $196M, which is below the estimated $200.25M.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 9:43 pm

SOL-USD

USDC-USD

Solana, in partnership with Helio, pre-sold 100,000 mobile phones, generating $45 million with zero fees using the Solana Pay plugin and USD Coin. This showcases the potential of blockchain payments in e-commerce by offering significant cost savings and eliminating intermediaries. Over half of the payments were processed through Solana Pay, indicating a growing consumer interest in blockchain-based transactions. Solana's stock rose 3.5% amid these developments and Bitcoin's market cap reaching $1 trillion.

Portfolio Pulse from Murtuza Merchant

February 14, 2024 | 9:43 pm

OEC

Orion Engineered Carbons (OEC) reported Q4 2023 earnings of $0.17 per share, missing the consensus estimate of $0.34 by 50%. However, their quarterly sales of $468.20M exceeded the estimate of $421.69M by 11.03%, marking a 1.32% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 9:43 pm

INFA

Informatica has provided its revenue expectations for Q1 and FY24, projecting GAAP total revenues of $375M-$395M for Q1, slightly above the estimate of $388.707M, and $1.685B-$1.705B for FY24, also above the estimate of $1.679B.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 9:41 pm