Streetbeat News

Revenues

EVH

Evolent Health has projected its FY23 revenue to be between $1.945 billion and $1.965 billion, which is in line with the estimated $1.95 billion.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:23 pm

EVH

Evolent Health has projected its Q4 2023 revenue to be between $537M and $557M, which is slightly below the estimated $545.42M.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:23 pm

HURN

Huron Consulting Group Inc. has increased its revenue guidance for 2023 before reimbursable expenses from $1.30 billion-$1.34 billion to $1.35 billion-$1.37 billion.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:22 pm

SPT

Sprout Social has updated its FY23 guidance, expecting total revenue between $330.6M and $330.7M, higher than the estimated $328.78M. The company also anticipates a non-GAAP net income per share between $0.12 and $0.13, surpassing the $0.08 estimate. The implied ARR growth rate for 2023 is projected to be around 30%, up from the previous estimate of 28-29%. However, the company's services revenue is expected to be lower than 2022 levels.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:18 pm

SPXC

SPX Technologies has updated its FY23 revenue forecast from $1.72B-$1.75B to $1.74B-$1.77B, which is in line with the $1.74B estimate.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:15 pm

KRON

Kronos Bio, Inc. (NASDAQ:KRON) has announced a plan to optimize resource allocation, restructure, and contain costs following positive preliminary clinical data from its Phase 1/2 study of KB-0742. The restructuring plan, which includes a 19% reduction in force, is expected to extend the company's cash runway into 2026. The company will continue to advance the development of lanraplenib and focus on maturing projects and its Genentech collaboration activities.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:11 pm

KTOS

Kratos Defense & Security has projected its FY23 revenue to be between $1B and $1.02B, which is in line with the estimated $1B.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:05 pm

AMH

American Homes 4 Rent reported Q3 2023 FFO of $0.35, up from $0.33 YoY. The company's revenue was $421.697M, beating the estimate of $408.977M.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:02 pm

YELP

Yelp has increased its full-year net revenue forecast from $1.32 billion-$1.33 billion to $1.332 billion-$1.337 billion.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 8:59 pm

AIRC

Apartment Income REIT (AIRC) reported Q3 2023 FFO of $0.64, up from $0.58 YoY. However, the company's revenue of $197.307M missed the estimate of $211.114M.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 8:55 pm