Streetbeat News

Revenues

MVST

Microvast reported Q3 revenue of $80.1M, surpassing the estimated $76.244M.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 9:26 pm

NVTS

Navitas Semiconductor has projected its Q4 net revenues to be between $25M and $36M, which is higher than the estimated $24.91M.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 9:22 pm

TMCI

Treace Medical Concepts has revised its FY23 revenue guidance from $191M-$197M to $182M-$186M, representing a 28%-31% growth over the company's 2022 revenue. The company expects positive adjusted EBITDA in Q4 2023 and a modest improvement in adjusted EBITDA for the full year 2023 compared to 2022.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 9:14 pm

RXST

RxSight has increased its FY23 revenue guidance from $81M-$86M to $85M-$87M, representing a growth of 73% to 78% compared to 2022. The company also raised its gross margin guidance to 60%-61% from 58%-60% and narrowed its operating expense guidance to $106M-$107M, an increase of 25%-26% compared to 2022.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 9:13 pm

SGE

Strong Global (AMEX:SGE) reported Q3 2023 sales of $10.92 million, a 10.27% increase from $9.90 million in the same period last year.

Portfolio Pulse from totan@benzinga.com

November 09, 2023 | 9:12 pm

TWOU

2U has reduced its 2023 revenue outlook from $985M-$995M to $965M-$990M.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 9:11 pm

BLNK

Blink Charging has increased its 2023 revenue target to $128M-$133M, up from the previous estimate of $116.63M.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 9:06 pm

HOLX

Hologic has provided its financial guidance for Q1 and FY24, expecting Q1 EPS of $0.92-$0.97 and revenue of $960M-$985M, and FY24 EPS of $3.90-$4.10 and revenue of $3.92B-$4.02B. The company expects total organic constant currency revenue excluding COVID to be within its long-term 5% to 7% growth framework for FY24. The guidance is based on a full year non-GAAP tax rate of approximately 19.75%, and diluted shares outstanding of approximately 239 million for the full year.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 9:06 pm

BLNK

Blink Charging's Q3 total revenues have been reported at $43.4M, surpassing the estimated $30.388M.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 9:05 pm

CELH

KO

MNST

PEP

STZ

Prime, a sports drink brand launched by YouTubers Logan Paul and KSI, has sold one billion bottles in two years, posing potential competition to beverage giants Coca-Cola and PepsiCo. Prime has secured key retail locations and endorsement deals, contributing to its rapid growth. Coca-Cola and PepsiCo have stakes in Monster Beverage Corporation and Celsius Holdings respectively, both of which compete with Prime in the energy drink market. Prime's success could make it an acquisition target for larger beverage companies.

Portfolio Pulse from Chris Katje

November 09, 2023 | 9:03 pm