Streetbeat News

Revenues

RMR

The RMR Group (NASDAQ:RMR) reported approximately 4.7 million square feet of leasing activity for the three months ended June 30, 2023. The company executed 77 leases, including 37 with new tenants, resulting in a weighted average roll up in rents of 15.8% and a lease term of 10.3 years. Industrial leasing accounted for over 70% of the activity. The company's occupancy rate stands at 96%.

Portfolio Pulse from Happy Mohamed

August 14, 2023 | 12:20 pm

BTM

Bitcoin Depot has reaffirmed its FY23 revenue guidance of $700M-$730M, representing an 8%-13% YoY increase.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 12:19 pm

BTM

Bitcoin Depot reported Q2 sales of $197.5M, up from $167.867M year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 12:16 pm

XELA

Exela Technologies (NASDAQ:XELA) reported Q2 sales of $272.90 million, a 2.30 percent increase from $266.77 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 12:07 pm

NXPL

NextPlat (NASDAQ:NXPL) reported Q2 sales of $3.00 million, a 4.49% increase from $2.87 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 12:04 pm

NIU

Niu Technologies reported a 0.1% increase in Q2 FY23 revenue to $114.30 million, with e-scooter sales increasing 1.5% Y/Y to 211,996 units. However, sales in China fell by 1%. International e-scooter sales rose 17.1% to 33,429 units. The company expects Q3 revenues to decrease by up to 15%. NIU shares are trading lower by 0.54% at $3.65 in premarket trading.

Portfolio Pulse from Shivani Kumaresan

August 14, 2023 | 11:48 am

BWEN

Broadwind (BWEN) has projected its FY23 revenue to be between $205M and $220M, compared to the estimated $211.58M.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 11:05 am

MNDY

monday.com has projected its Q3 total revenue to be between $181M-$183M, surpassing the estimated $179.36M. The company also forecasts its FY23 revenue to be between $713M-$717M, higher than the estimated $704.7M.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 11:03 am

SDPI

Superior Drilling Products has revised its FY23 revenue outlook to $22M - $24M, down from the previous $24M - $27M. The adjusted EBITDA outlook was also revised to $5.5 million to $6.5 million from $6.5 million to $7.5 million.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 10:38 am

UXIN

Uxin, a used car e-commerce platform in China, has provided its business outlook for Q1 2024. The company expects its retail and wholesale transaction volumes to be around 1,600 units each, with average selling prices of RMB111,000 and RMB61,000 respectively. Total revenues, including retail and wholesale vehicle sales and other revenue, are expected to be in the range of RMB270 million to RMB290 million. The company also expects its GP margin to be greater than 6%.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 10:14 am