Streetbeat News

Revenues

SILC

Silicom Ltd has projected Q4 revenues to range between $20 and $21 million, lower than the estimated $31.63 million. The company anticipates a challenging fiscal year 2024 due to customers' continued draw-down of high component inventories and persistent macro-economic headwinds. However, it expects to return to double-digit growth in 2025.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 12:08 pm

MA

Mastercard's Q3 2023 results show an increase in gross dollar volume by 11% YoY, cross-border volume by 21%, and purchase volume by 12%. Net revenue increased by 14%, driven by growth in the payment network and value-added services. Payment network net revenue increased by 12%, while value-added services net revenue increased by 17%.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 12:07 pm

OPRA

Opera Ltd has raised its revenue guidance for FY23 to $394M-$397M, up from the previously issued $380M-$390M. The company also increased its Q4 revenue guidance to $110M-$113M, up from $102M-$109M. Adjusted EBITDA for FY23 is expected to be $88M-$90M, and for Q4, it is guided to be $22M-$24M.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 11:17 am

MANU

Manchester United (MANU) has projected its FY24 revenue to be between £650M and £680M.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 11:07 am

TW

Tradeweb Markets expects to generate revenues of approximately $80 million in FY24 and $90 million in FY25 from the Refinitiv market data contract.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 11:05 am

LII

Lennox International Inc. (LII) has increased its revenue growth forecast for FY23 to 5% from the previous range of 2% - 4%.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:52 am

MBLY

Mobileye Global has updated its FY23 guidance, now expecting revenues of $2.065B-$2.09B, down from the previous range of $2.065B-$2.114B. The company also anticipates an adjusted operating income of $648M-$665M, up from the prior $600M-$631M. The changes are due to a 0.6% reduction in expected revenue and lower than expected operating expenses in Q3 and Q4 of 2023.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:44 am

LMT

Terran Orbital has won a $7.7 million contract from Lockheed Martin to host additional payloads. This could potentially increase the revenue and profitability of Terran Orbital.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:43 am

MTLS

Materialise NV has reiterated its FY23 revenue guidance of €255M-€260M, which is lower than the estimated $278.86M. The company's confidence in this projection is bolstered by the revenue growth seen across all business segments in the first nine months of the year, despite challenging macro-economic circumstances. The Adjusted EBITDA guidance for FY23 remains between 28,000 kEUR and 33,000 kEUR.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:40 am

HAS

Hasbro Inc. expects a 13%-15% decline in revenue due to a softer outlook in consumer products.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:37 am