Streetbeat News

Revenues

GSAT

Globalstar has projected its total revenue for FY23 to be between $215M and $230M.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 12:03 pm

CGTX

Cognition Therapeutics reported cash and cash equivalents of approximately $33.0 million as of September 30, 2023. The company also has remaining grant funds of $74.3 million from the National Institute on Aging (NIA), which are expected to provide a cash runway through November 2024.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 11:59 am

CARS

Cars.com has reiterated its FY23 revenue growth of 4% - 6% YoY, with Q4 revenue expected to be between $177 million and $179 million. This growth is driven by continued dealer and OEM adoption of the Cars Commerce Platform, as well as the acquisition of D2C Media Inc. Adjusted EBITDA margin for Q4 is expected to be between 29.5% and 30.5%.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 11:56 am

LIND

Lindblad Expeditions expects to see 2023 tour revenues of $550M-$575M.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 11:54 am

SABR

Sabre Corp has reiterated its FY23 revenue forecast of $2.9B-$3.0B, which is in line with the estimated $2.92B.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 11:52 am

SPGI

S&P Global has reiterated its 2023 GAAP revenue guidance and narrowed its adjusted revenue growth forecast from 4%-6% to 4.5%-5.5%.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 11:47 am

LSPD

Lightspeed Commerce has updated its Q3 and FY24 revenue forecasts. The company now expects Q3 revenue to be between $232M and $237M, compared to the estimated $232.9M. For FY24, the revenue is projected to be between $890M and $905M, an increase from the previous forecast of $875M - $900M, and slightly above the estimated $894.2M.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 11:43 am

HII

Huntington Ingalls Industries has updated its FY23 outlook, raising its shipbuilding revenue guidance from $8.4B-$8.6B to $8.5B-$8.6B and its Mission Technologies revenue from $2.5B to $2.55B. The company also increased its free cash flow expectation from $400M-$450M to approximately $500M.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 11:42 am

THRY

Thryv has projected its FY23 SaaS revenue to be between $260M and $261M. The company also expects its Q4 revenue to range from $70.25M to $71.25M.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 11:38 am

KPTI

Karyopharm Therapeutics has maintained its revenue guidance for FY 2023 at $145M-$160M, which is in line with the consensus of $151.31M. This includes U.S. XPOVIO net product revenue guidance of $110M-$125M.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 11:38 am