Streetbeat News

Revenues

ACA

Arcosa has maintained its consolidated revenue outlook for 2023 at $2.25 billion to $2.30 billion.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 10:05 pm

MAX

MediaAlpha has projected its Q4 2023 revenue to be between $106M and $116M.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 9:59 pm

TENB

Tenable has revised its 2023 revenue outlook from $783M-$791M to $789.4M-$793.4M. The company also adjusted its EPS outlook from $0.65-$0.69 to $0.68-$0.69.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 9:56 pm

AMSC

AMSC has projected its Q3 2023 revenue to be between $33M and $36M, which is higher than the estimated $32.07M.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 9:55 pm

NGVT

Ingevity Corporation (NYSE:NGVT) has announced a repositioning of its Performance Chemicals business, including the closure of its DeRidder, Louisiana, facility and additional cost reduction actions. The company aims to focus on higher margin and higher growth specialty products, diversify feedstocks, and optimize its manufacturing network. The total estimated business and corporate savings are expected to be $65-75 million, fully realized in 2024. The company expects to record charges associated with the DeRidder closure and restructuring of approximately $280 million. The actions taken are expected to result in a steady state Performance Chemicals segment EBITDA margin of 15-20% and total Ingevity margin of 25-30%.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 9:55 pm

AKAM

Akami Technology has projected its FY23 revenue to be between $264M and $265M, which is slightly higher than the estimated $263.64M.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 9:54 pm

AKAM

Akami Technology has projected its Q4 2023 revenue to be between $70.5M and $71.5M, which is in line with the estimated $70.54M.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 9:53 pm

DHX

DHI Group forecasts flat to 1% revenue growth for FY23 and expects an adjusted EBITDA margin of approximately 25% in Q4.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 9:52 pm

WSC

WillScot Mobile Mini has revised its 2023 revenue outlook from $2.35B-$2.45B to a narrower range of $2.36B-$2.39B.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 9:48 pm

INLX

Intellinetics, Inc. (INLX) has announced two recent sales of its IntelliCloud™ Payables Automation System, representing a combined $150,000 in annual SaaS revenue. This reflects the company's growing Payables Automation Solutions practice and provides an upward lift to its annual recurring revenue. The system uses AI and machine learning technologies to streamline general ledger coding, workflows and approvals, data entry, and invoice filing.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 9:45 pm