Streetbeat News

Revenues

GDRX

GoodRx has projected its FY23 adjusted revenue to be between $752M and $758M, which is in line with the consensus estimate of $754.94M.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 11:09 am

EYE

National Vision has revised its 2023 net revenue forecast downwards from $2.075B-$2.135B to $2.115B-$2.125B.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 11:09 am

GRAB

Grab Holdings Inc. reported Q3 deliveries GMV of $2.61B, a 7% increase year-over-year, and Mobility GMV of $1.415B, a 30% increase year-over-year.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 11:09 am

GRAB

Grab Holdings Inc. has raised its FY23 revenue outlook from $2.20B - $2.30B to $2.31B - $2.33B, slightly above the $2.32B estimate. The company also improved its adjusted EBITDA guidance from $(30) million - $(40) million to $(20) million - $(25) million.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 11:06 am

GDRX

GoodRx has projected its Q4 FY23 adjusted revenue to be between $188M and $194M, which is in line with the consensus estimate of $192.67M.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 11:05 am

HIMX

Himax Technologies expects its Q4 revenues to decline between 5.0% and 11.0% sequentially.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 10:26 am

INDV

Indivior has updated its FY23 net revenue forecast to $1.03B-$1.09B, in line with the consensus of $1.05B. The company expects an adjusted gross margin in the low to mid 80% range and an adjusted operating income of $212M. The company's SUBLOCADE and PERSERIS products are expected to see significant revenue growth, while the market share of SUBOXONE Film is expected to decline due to increased competition.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 8:27 am

WIX

Wix.com has raised its FY23 revenue guidance to $1.558B-$1.563B, up from the previous $1.543B-$1.558B, and above the consensus of $1.56B. The company expects 4Q23 revenue to be $400M-$405M, representing a 13-14% YoY growth, significantly higher than the consensus of $299.28M. Wix.com also anticipates positive GAAP net income for the full year 2023 and 2024, and has increased its outlook for free cash flow to $235-$240 million.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 7:31 am

VALN

Valneva has updated its financial guidance for FY23, expecting total revenues and other income between €220M-€260M, including €130M-€150M of product sales and €90M-€110M of other income. The company also anticipates R&D expenses to be between €60M-€70M, lower than the previous estimate of €70M-€90M, mainly due to reduced costs related to the closeout of COVID-19 activities.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 7:21 am

VALN

Valneva reported a total revenue of €111.8M for the first nine months, down from €249.9M YoY. The company also reported a net loss of €69.3M, which is an improvement from a net loss of €99.1M a year ago. Valneva's cash position stands at €171.3M.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 7:19 am