Streetbeat News

Revenues

AKAM

Akamai Technologies has acquired select enterprise customer contracts from StackPath. The transaction is expected to add approximately $20M in revenue and be accretive to non-GAAP earnings per share by $0.03-$0.05 for FY24.

Portfolio Pulse from Benzinga Newsdesk

August 24, 2023 | 8:03 pm

INTU

Intuit's QuickBooks Online accounting revenue grew by 22% for the quarter and 26% for the year.

Portfolio Pulse from Benzinga Newsdesk

August 24, 2023 | 8:01 pm

TOL

Toll Brothers, a luxury home construction company, has announced a new luxury townhome community in Malvern, Pennsylvania. The project is expected to boost the company's portfolio and revenue in the coming quarters.

Portfolio Pulse from Benzinga Newsdesk

August 24, 2023 | 6:02 pm

BLNK

Blink Charging Co (NASDAQ:BLNK) has signed a two-year contract with the Tennessee Valley Authority (TVA) to provide EV charging solutions. The agreement includes Level 2 charging equipment and DC Fast Chargers for public and commercial fleet applications. This follows Blink's strong Q2 2023 earnings, with revenues increasing to nearly $33 million. The company has also raised its 2023 revenue target to $110 million-$120 million.

Portfolio Pulse from Shivani Kumaresan

August 24, 2023 | 4:39 pm

DBX

Dropbox is set to announce new fees for its cloud storage plans, ending its unlimited cloud document storage for customers, according to Bloomberg.

Portfolio Pulse from Happy Mohamed

August 24, 2023 | 4:32 pm

UAL

United Airlines has reported a slight decrease in the number of people flying the Friday before Labor Day compared to 2019. The busiest days to fly are expected to be August 31 and September 1, with more than 500k customers expected to fly United each day.

Portfolio Pulse from Happy Mohamed

August 24, 2023 | 4:31 pm

UAL

United Airlines Holdings is preparing for a record-breaking Labor Day holiday with nearly 2.8 million customers expected to fly. The company's bookings for international travel over the Labor Day holiday period are up 35% compared to 2019 and up 29% compared to last year.

Portfolio Pulse from Happy Mohamed

August 24, 2023 | 4:30 pm

CRTO

OMC

Criteo SA (CRTO) and Omnicom Group Inc (OMC) have expanded their commerce data partnership to include digital shelf data and insights. The deal aims to provide more transparency into the digital shelf, helping brands optimize their retail media strategies and boost online sales. CRTO recently reported a Q2 2023 revenue increase of 12% Y/Y to $240.22 million.

Portfolio Pulse from Lekha Gupta

August 24, 2023 | 2:21 pm

BURL

Burlington Stores has lowered its full-year sales guidance due to economic pressures on lower-income shoppers, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

August 24, 2023 | 2:12 pm

LFSWF

Lifeist Wellness Inc. has announced the continued growth of its in-house cannabis concentrate brand Roilty and the expansion of Rilaxe Cannabis across Canada. The company has also moved to a direct-to-retailer distribution model in Saskatchewan. This move allows for more control over product launches, lifecycle management, and inventory controls, creating more nimble pricing and distribution for an enhanced customer experience.

Portfolio Pulse from Vuk Zdinjak

August 24, 2023 | 2:06 pm