Streetbeat News

Revenues

CNTG

Centogene has reported a 15.1% increase in H1 total revenues and reaffirmed its guidance for 2023 annual revenue growth of 10-15%.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 9:18 pm

RH

RH reported Q2 earnings of $3.93 per share, beating the analyst consensus estimate of $2.56, but a 51.36% decrease from last year. The company also reported quarterly sales of $800.48 million, beating the analyst consensus estimate of $784.90 million, but a 19.28% decrease from last year. RH repurchased 3.7 million shares in Q2 at an average price of $325.65. The company raised its revenue guidance for 2023 and expects challenging conditions in the luxury housing market and broader economy throughout 2023 and into 2024.

Portfolio Pulse from Ryan Gustafson

September 07, 2023 | 8:55 pm

FWRD

Forward Air Corporation's revenue per shipment, excluding fuel, has increased by 0.9% for the quarter-to-date period through August 2023.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 8:49 pm

FWRD

Forward Air Corporation (FWRD) has reported a continuation of increased volumes in the first few days of September.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 8:46 pm

GWRE

Guidewire's shares are trading lower following the company's issuance of soft revenue guidance.

Portfolio Pulse from Bill Haddad

September 07, 2023 | 8:41 pm

BBCP

Concrete Pumping Holdings has updated its fiscal year 2023 outlook, now expecting revenue of approximately $440.0 million, Adjusted EBITDA of $125.0 million, and free cash flow of $70.0 million. This is slightly above the previous estimate of $438.23 million.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 8:22 pm

BRDS

Bird Global, Inc. (NYSE:BRDS) reported strong ridership results for the 2023 summer season, with nearly 16 million miles clocked by riders, equivalent to circling the earth over 600 times. The company provided its micromobility solutions to over 2.3 million unique riders across 350+ cities, equating to more than 11 million total rides. Bird also added 1.2 million new riders to its platform.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 8:20 pm

PL

Planet Labs PBC has provided its financial outlook for Q3 and FY24, expecting revenues of $54M-$56M and $216M-$223M respectively, both lower than estimates. The company also expects Non-GAAP Gross Margin of 50%-52% for Q3 and 52%-54% for FY24. Adjusted EBITDA loss is projected to be $15M-$13M for Q3 and $63M-$55M for FY24. The outlook excludes charges associated with recent headcount reduction.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 8:19 pm

AOUT

American Outdoor Brands has projected that its net sales for fiscal 2024 could surpass fiscal 2023 net sales by as much as 3.5%.

Portfolio Pulse from Bill Haddad

September 07, 2023 | 8:13 pm

RH

RH has raised the lower end of its FY24 revenue guidance from $3.04B to $3.1B, against an estimate of $3.07B. The company expects Q3 revenue to be between $740M-$760M, lower than the estimated $772.87M, and Q4 revenue to be between $760M-$800M. The company also anticipates increased advertising costs of approximately $50M in Q3 2023.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 8:12 pm