Streetbeat News

Revenues

ZGN

Ermenegildo Zegna Group reported Q3 2023 revenues of €431 million, up 20.8% YoY, and an organic growth rate of 11.3%. The first nine months of 2023 saw revenues of €1.33 billion, up 22.9% YoY, and an organic growth rate of 19.2%. The group will take over retail distribution of the ZEGNA brand in South Korea in early 2024. The results support the group's FY 2023 and mid-term outlook.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 5:05 pm

PODC

PodcastOne announced a year-over-year increase in preliminary Q2 and H1 2024 revenue results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 4:34 pm

AGYS

Agilysys reported better-than-expected Q2 financial results and raised its FY23 revenue guidance above estimates, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 3:09 pm

LVO

PODC

PodcastOne, a subsidiary of LiveOne, pre-announced its record revenue and EBITDA for 1H Fiscal 2024. The company estimates a revenue of over $21M, marking a 23% increase, and an adjusted EBITDA of $600K. Q2 revenue is expected to increase by 24% to approximately $10.5M. These are preliminary and unaudited results and may be subject to adjustments.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 2:14 pm

LOGI

Logitech has reported better-than-expected Q2 financial results and raised its FY24 revenue outlook, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 1:22 pm

INVZ

Innoviz Technologies Ltd. (NASDAQ: INVZ) has provided an operational update amidst the current conflict in Israel, stating that it has not experienced any immediate material operational or financial impact. The company reiterated its 2023 financial targets, including a ramp in revenue expected in the second half of the year. Innoviz also announced details for its Q3 2023 earnings call, which will take place on November 8, 2023.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 1:05 pm

SPY

USA Redbook retail sales for the first three weeks of October have increased by 4.5% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 1:01 pm

SPY

USA Redbook retail sales for the week ending October 21 showed a year-on-year increase of 5%.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 1:00 pm

BRAG

Bragg Gaming Group (BRAG) has announced an expansion of its content distribution network in Italy with Lottomatica Group S.p.A. (BIT: LTMC), Europe's leading online casino operator. The agreement will bring Bragg's Italian casino content portfolio to a large new Italian audience. Lottomatica is Italy's leading online casino operator with a 21% market share. Online casino revenues in Italy are estimated to grow 15% this year to $2.7 billion.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 12:16 pm

OPTT

Ocean Power Technologies (OPTT) has received a $1.6 million order for multiple WAM-V 16s from Sulmara. This could potentially boost the company's revenues and profitability.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 12:16 pm