Streetbeat News

Revenues

PRCT

PROCEPT BioRobotics shares rose following the announcement of better-than-expected Q3 financial results and an increase in FY24 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 12:36 pm

REAL

The RealReal has increased its FY24 revenue guidance to $595M-$602M, up from the previous range of $580M-$595M, surpassing the estimated $585.204M.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 12:35 pm

REAL

The RealReal announced preliminary Q3 revenue of $147.8 million, surpassing the estimated $139.172 million.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 12:35 pm

TOMZ

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) announced preliminary Q3 2024 financial results, expecting a 73% revenue increase compared to Q3 2023, and a 14.5% increase for the first nine months of 2024. The company anticipates positive net income for the quarter.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 12:34 pm

BMRC

Bank of Marin reported its Q3 2024 financial results, with an adjusted EPS of $0.28, beating the estimate of $0.27. However, its sales of $24.269 million missed the expected $24.919 million.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 12:33 pm

SPGC

Newton Golf Company has announced preliminary Q3 revenue estimates between $1.15 million and $1.25 million, with a gross margin ranging from 63% to 67%.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 12:19 pm

GOLD

Mali's government has threatened not to renew Barrick Gold's Loulo mine permit due to disputes over economic benefit sharing. The government demands $512 million in back taxes and dividends, of which Barrick has paid $85 million. Barrick aims to negotiate a fair settlement.

Portfolio Pulse from Stjepan Kalinic

October 28, 2024 | 12:16 pm

BORR

Borr Drilling Limited reported preliminary Q3 2024 results with revenues of ~$242M and expects FY24 adjusted EBITDA at the lower end of $500M-$550M. The company has $186M in cash and $150M undrawn credit. Operating income decreased due to one-off impacts.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 12:15 pm

F

Ford is aiming to boost sales of its Mustang Mach-E by lowering its price and using Michigan-made batteries, potentially qualifying for a $7,500 EV tax credit. The 2025 model will start at $36,495, significantly cheaper than the 2024 version.

Portfolio Pulse from Anan Ashraf

October 28, 2024 | 12:13 pm

ON

ON Semiconductor has released its Q4 2024 financial outlook, projecting revenue between $1.71 billion and $1.81 billion, slightly below the $1.75 billion estimate. The company expects adjusted EPS to range from $0.92 to $1.04, compared to the $0.97 estimate.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 12:04 pm