Streetbeat News

Revenues

MNTK

Montauk Renewables has increased its revenue forecast for FY23 from $155M-$164M to $178M-$194M, against an estimate of $168.11M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:09 pm

MNTK

Montauk Renewables has increased its FY23 RNG revenue outlook from $137M-$145M to $160M-$175M. The company continues to expect renewable electricity revenues of $18M-$19M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:04 pm

KORE

KORE has maintained its 2023 revenue guidance of $300M-$310M and adjusted EBITDA guidance of $60M-$62M, despite order delays from some IoT Solutions customers and increased focus on expense management due to economic uncertainty.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:00 pm

CERT

Certara has reduced its FY23 revenue guidance from $370M-$385M to $345M-$360M, which is below the consensus estimate of $377.16M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 9:55 pm

LOMA

Loma Negra Cia Industria (NYSE:LOMA) reported Q2 sales of $206.00 million, a 0.98 percent increase from $204.00 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 9:54 pm

DIS

NFLX

Disney announced plans to crack down on account sharing on its streaming services, following Netflix's lead. The company will share more details later this year and begin implementing measures in 2024. Disney's CEO, Bob Iger, stated that the strategy is a priority for the company. Disney also announced price increases for almost all of its streaming services. The impact of these changes on subscriber growth is yet to be determined.

Portfolio Pulse from Happy Mohamed

August 09, 2023 | 9:53 pm

SSKN

STRATA Skin Sciences has reduced its 2023 revenue outlook from $38M-$40M to $35M-$38M, which is lower than the estimated $38.61M. The company attributes this adjustment to a slowdown in capital expenditure spending and macroeconomic factors impacting equipment sales.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 9:51 pm

DIS

Disney is raising prices on its ad-free streaming offerings, including Disney+ and Hulu, in an effort to accelerate profitability. The price of commercial-free Disney+ will increase by 27% to $13.99 per month starting October 12, while Hulu without ads will cost $17.99 per month, a 20% hike. Disney is also launching a new “premium duo” product of Disney+ and Hulu without commercials for $19.99 per month. The company's streaming division reported a loss of $512 million in its fiscal third quarter.

Portfolio Pulse from Happy Mohamed

August 09, 2023 | 9:50 pm

HLTH

Cue Health has projected its Q3 revenues to be between $11M-$13M, which is below the consensus estimate of $16.43M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 9:49 pm

BLND

Blend Labs has projected its Q3 consolidated revenue to be between $38M and $42M, which is lower than the estimated $43M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 9:47 pm