Streetbeat News

Revenues

TRNR

Interactive Strength Inc. has announced a non-binding letter of intent and exclusivity agreement to acquire a connected fitness equipment business. The company anticipates $10M in combined gross revenues for 2023 and expects to exceed $25M in 2024.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 11:34 am

LASE

Laser Photonics (NASDAQ:LASE) has reported its Q2 sales, which amounted to $1.00 million.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 11:11 am

OMQS

Omniq Corp has been selected for a project worth approximately $50 million to modernize the supply chain for a US food and drug chains. The company's stock symbol is OMQS.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 11:04 am

RSKD

Riskified Ltd. (NYSE: RSKD) has increased its FY23 revenue guidance to $298M-$303M, compared to the consensus of $300.57M. The company also expects its adjusted EBITDA to be between negative $17 million and negative $12 million.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 11:01 am

XNET

Xunlei has projected its FY23 revenue to be between $79M and $84M.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 10:12 am

HD

Home Depot reported Q2 2023 sales of $42.9 billion, a decrease of 2.0% YoY. Comparable sales also decreased by 2.0%, with US comparable sales showing the same trend. Customer transactions were down by 1.8% YoY to 459.1 million, while the average ticket price saw a marginal increase of 0.1% to $90.07.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 10:04 am

GCT

GigaCloud Technology has projected its Q3 revenue to be between $162M and $167M.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 10:04 am

GOOG

GOOGL

YouTube, owned by Alphabet Inc., is increasing pressure on users to disable adblockers or subscribe to YouTube Premium by testing a new countdown timer on its anti-adblocker popup. This comes as YouTube has increased the price of its Premium subscription from $11.99 to $13.99 a month. The company has stated that it will give users multiple notifications before completely blocking access to its service for those using adblockers.

Portfolio Pulse from Rounak Jain

August 15, 2023 | 9:07 am

ATHE

Alterity Therapeutics Limited has received a A$4.74 million cash refund from the Australian Taxation Office under the Australian Government’s Research and Development Tax Incentive Scheme. The refund is related to the cost of eligible research and development activities conducted during the financial year ended 30 June 2022. The funds will be used to further Alterity’s clinical development and research activities, including the ongoing Phase 2 clinical trials for the Company’s lead drug candidate ATH434 in Multiple System Atrophy.

Portfolio Pulse from Charles Gross

August 15, 2023 | 8:54 am

LLAP

Terran Orbital Corporation has reiterated its FY23 revenue forecast of over $250 million, which is slightly below the estimated $258.95 million.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 7:43 am