Streetbeat News

Revenues

CPRX

Catalyst Pharmaceuticals has increased its FY23 revenue guidance to $390M-$395M, up from the estimated $389.14M. This represents an 82% to 84% increase in total revenues compared to 2022. The company's forecast is based on the assumption of continued recovery in macroeconomic and healthcare activity throughout 2023 due to the current COVID-19 environment.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 9:25 pm

ZIP

ZipRecruiter has projected its Q4 revenue to be between $125M and $131M, which is lower than the estimated $132.47M.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 9:18 pm

AFRM

Affirm Holdings Inc. has projected its Q2 2024 revenue to be between $495M and $520M, compared to an estimate of $502.39M. The company also expects its FY24 Gross Merchandise Volume (GMV) to exceed $24.25B, with the revenue as a percentage of GMV similar to FY23.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 9:16 pm

BE

Bloom Energy has reaffirmed its FY23 revenue outlook of $1.4B-$1.5B.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 9:14 pm

FLT

Fleetcor Technologies has revised its total revenue projections for 2023 from $3.836B-$3.86B to $3.774B-$3.804B.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 9:13 pm

ARM

Arm Holdings has projected its Q3 2024 adjusted EPS to be between $0.21 and $0.28. The company also expects its revenue to be in the range of $720M-$800M.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 9:09 pm

DIS

Disney has reported Q4 2023 total Hulu paid subscribers at 48.5 million and Disney+ core subscribers at 112.6 million.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 9:07 pm

PSNY

Polestar, a Swedish electric vehicle manufacturer, has revised its delivery expectations for 2023 to approximately 60,000 vehicles. The company also anticipates a gross margin of around 2% for the full year.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 9:03 pm

DKNG

Bank of America analyst Shaun C. Kelley has given a Buy rating to DraftKings Inc (NASDAQ:DKNG) with a price target of $40. Kelley predicts that DraftKings could raise its long-term revenue guidance by +30% with higher market share and a larger total addressable market. He also expects the company to provide 2026 targets of $6.1 to $6.5 billion in revenue and $1.1 to $1.3 billion in EBITDA. DraftKings shares are currently trading at $35.82, up 223% year-to-date in 2023.

Portfolio Pulse from Chris Katje

November 08, 2023 | 7:45 pm

COLL

Collegium Pharmaceutical reported a year-over-year increase in Q3 adjusted EPS results and raised its FY23 product revenue guidance. This news led to a rise in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 6:11 pm