Streetbeat News

Revenues

LZ

LegalZoom.Com has projected its FY23 revenue to be between $657M and $659M, which is higher than the previous estimate of $648.79M.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:11 pm

LZ

LegalZoom.Com has projected its Q4 revenue to be between $155M and $157M, which is higher than the estimated $153.75M.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:10 pm

PAYS

PaySign has reported Q4 2023 operating improvements with year-over-year revenue growth slightly better than this quarter's growth of 17%. The company's operating expenses were equivalent to Q2 2023 at $6.3M.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:04 pm

COTY

Coty has raised its FY24 LFL revenue growth forecast to 9%-11%, up from the previous 8%-10%. The company also expects 1H FY24 LFL revenue growth of 11%-13%, an increase from the previous 10%-12%. Coty is targeting FY24 adjusted EBITDA margin expansion of 10-30 bps on the stronger revenue outlook. The company now sees FY24 adjusted EBITDA of $1,080-1,090M, above its recently raised EBITDA outlook of $1,075-1,085M. Coty plans to execute a 27 million share buyback in Q3 via its first equity swap and a 23 million buyback in FY25 via its second equity swap.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 9:51 pm

GMED

Globus Medical has increased its FY23 revenue guidance from $1.25 billion to $1.55 billion, which is significantly higher than the estimated $1.16 billion.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 9:43 pm

APLE

Apple Hospitality REIT reported Q3 2023 MFFO of $0.45, the same as the previous year. However, the company's revenue of $358.260M surpassed the estimate of $352.827M.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 9:43 pm

KVYO

Klaviyo has provided its Q4 and FY23 revenue guidance, expecting Q4 revenue to be between $195M-$197M, compared to estimates of $194.81M, and FY23 revenue to be between $691.5M-$693.5M, compared to estimates of $682.77M. The company has not provided a reconciliation of non-GAAP operating income guidance measures to GAAP measures due to unpredictability of certain items.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 9:43 pm

PGNY

Progyny (PGNY) has projected its Q4 2023 revenue to be between $268.3 million and $276.3 million, reflecting a growth of 25% to 29%. The net income is expected to be between $9.7 million and $11.4 million. The adjusted EBITDA is projected to be between $42.2 million and $44.7 million.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 9:42 pm

BODY

The Beachbody Co has projected its Q4 2023 revenue to be between $105M and $115M, which is lower than the estimated $118.32M. The company also expects a net loss of between $30M and $25M. Adjusted EBITDA is forecasted to be between a loss of $6M and $1M.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 9:41 pm

PGNY

Progyny (PGNY) has updated its financial guidance for the full year 2023. The company now expects revenue to be between $1.087 billion and $1.095 billion, reflecting a growth of 38% to 39%. Net income is projected to be between $58.3 million and $60.0 million, or $0.58 to $0.59 per diluted share. Adjusted EBITDA is projected to be between $186.0 million and $188.5 million.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 9:41 pm