Streetbeat News

Revenues

VERO

Venus Concept has revised its FY23 revenue guidance to $80M-$82M, down from the previous estimate of $90M-$95M. This is also below the consensus estimate of $91.87M.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 11:35 am

CAG

Conagra Brands reported a 0.3% decrease in Q1 organic net sales.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 11:34 am

VVOS

Vivos Therapeutics has signed a distribution agreement with a Dubai-based sleep testing company to support its international expansion. The company expects to generate revenue from this collaboration starting in 2024.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 11:33 am

AIRS

AirSculpt Technologies, Inc. (NASDAQ:AIRS) reported preliminary Q3 revenue of $46.5M, beating the consensus of $43.86M and marking a 20% YoY increase. The company also reported a same-store revenue growth of 5.5%. For FY23, AirSculpt expects revenue of $196M, up from the previous estimate of $187M-$192M. The company also voluntarily prepaid $10M on its outstanding term loan debt.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 11:07 am

APLS

Apellis Pharmaceuticals has announced preliminary U.S. revenues of approximately $74M for Syfovre (Pegcetacoplan Injection) in Q3 FY23. The company distributed approximately 37,000 commercial vials and 10,000 samples to physician practices during the quarter.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 11:06 am

AULT

Ault Alliance's subsidiary, Giga-tronics, has announced that its Q3 2023 orders have reached $15.4M, a 52% increase from the previous quarter. The company ended the quarter with a backlog of $33.7M, a 21% increase.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 10:53 am

HEPS

Hepsiburada's 'Trade and Technology Empowerment for the Earthquake Region' program has reported a six-month result. The program has reached 15,000 active merchants in the earthquake region, with 1,700 new businesses selling their products online through Hepsiburada. The trade volume generated exceeded TRY 1.9 billion. The program has also facilitated support for existing merchants and training for new ones, resulting in a 27% increase in orders.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 10:48 am

VFS

VinFast Auto has reported its quarterly vehicle sales at $319.5M, marking an increase of 185.2% year-over-year.

Portfolio Pulse from Charles Gross

October 05, 2023 | 10:35 am

VFS

Vinfast Auto has confirmed its FY2023 delivery target of between 40,000 and 50,000 vehicles.

Portfolio Pulse from Charles Gross

October 05, 2023 | 10:30 am

RIVN

Rivian Automotive, Inc. (NASDAQ:RIVN) shares plunged in premarket trading following the announcement of a $1.5 billion green convertible senior notes offering due in 2030. Despite not having a dilutive impact on the stock, the debt offering could trigger liquidity concerns. The company also pre-announced Q3 revenue of $1.29 billion to $1.33 billion, compared to $551.57 million a year ago. Rivian's stock fell 8.61% to $21.65 in premarket trading.

Portfolio Pulse from Shanthi Rexaline

October 05, 2023 | 9:54 am