Streetbeat News

Revenues

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

KBR

LUNR

KBR and Intuitive Machines have secured a $719 million contract from NASA under the Omnibus Multidiscipline Engineering Services (OMES) III. The contract, which spans five years, will aid NASA's development of space orbital systems.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 10:09 am

RMTI

Rockwell Medical has increased its FY23 revenue forecast from $78M-$82M to $82M-$86M, which is in line with the estimated $86.06M.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 10:03 am

SSNLF

The Indian government will provide Samsung Electronics Co. Ltd (NYSE:SSNLF) with a $72.3 million production-linked incentive (PLI), the largest payout under the scheme aimed at boosting domestic manufacturing. Samsung claimed incentives of around $100 million in its first year after generating revenues of approximately $1.8 billion from smartphone sales. The PLI scheme has attracted investments worth ₹6,600 crore, generating a production of ₹3 trillion and creating over 60,000 jobs.

Portfolio Pulse from Shomik Sen Bhattacharjee

August 14, 2023 | 8:11 am