Streetbeat News

Revenues

TEF

Telefonica SA is on track to meet its FY23 guidance with expected revenue growth of around 4% and OIBDA growth of approximately 3%. The CapEx to sales ratio is projected to be around 14%.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 12:24 pm

INVZ

Innoviz Technologies has reiterated its FY23 revenue outlook of $15M-$20M, against an estimate of $17.19M. The company also expects Q4 2023 revenue to be between $9M-$14M, compared to an estimate of $11.8M. Other financial targets for 2023 include 1-3 additional programs with existing customers, 2 new series production awards with new customers, cash collection from customers in the range of $20-30 million, and net new NRE bookings in the range of $20-70 million.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 12:18 pm

FXI

TSLA

Tesla exported 43,489 China-made vehicles in October, according to the China Passenger Car Association. This is a significant increase in Tesla's export volume.

Portfolio Pulse from Charles Gross

November 08, 2023 | 12:16 pm

RDCM

Radcom has reiterated its FY23 revenue guidance of $50M-$53M, which is in line with the estimated $51.11M. The company's progress in business strategy and sales engagements underlines the value of its advanced technology and business strength.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 12:15 pm

KRNT

Kornit Digital has projected its 4Q23 revenues to be between $55M-$60M, which is lower than the consensus estimate of $65.8M. The company also expects its adjusted EBITDA margin to be between -6% and 0%.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 12:14 pm

NYT

The New York Times (NYT) anticipates a 13%-16% growth in digital-only subscription for FY23, with total subscription revenues expected to grow by 8%-11%.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 12:14 pm

FOLD

Amicus Therapeutics has increased its revenue growth guidance for Galafold for FY23 to between 16% and 18% at CER.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 12:12 pm

REYN

Reynolds Consumer Products anticipates a 7%-9% decline in net revenues for Q4, with an expected EPS of $0.60-$0.64.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 12:11 pm

SPTN

SpartanNash has revised its FY23 revenue outlook downwards from $9.650B - $9.950B to $9.650B - $9.850B, against an estimate of $9.85B.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 12:09 pm

TEVA

Teva Pharmaceutical Industries Ltd. has updated its FY23 revenue outlook to $15.1B-$15.5B, up from the previous guidance of $15B-$15.4B. This is also higher than the consensus estimate of $15.17B.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 12:07 pm