Streetbeat News

Revenues

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

HROW

Harrow Health has reaffirmed its 2023 financial guidance, expecting net revenues of $135M-$143M and adjusted EBITDA of $44M-$50M. The estimated net revenue is $140.76M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 9:47 pm

KORE

KORE Group Holdings has maintained its financial outlook for FY23, expecting revenues between $300M-$310M, compared to an estimate of $299.15M. The company also anticipates an adjusted EBITDA in the range of $60M-$62M, with a margin of approximately 20%. The company's IoT CaaS business has seen an increase in connections volume following the completion of the 2G/3G sunsets.

Portfolio Pulse from Happy Mohamed

August 09, 2023 | 9:46 pm

LAW

DISCO, a legal technology company, projects its FY23 revenue to be between $135M and $145M, which is in line with the estimated $139.96M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 9:45 pm

MNTK

Montauk Renewables expects its FY23 RNG revenues to be between $160M and $175M, with RNG production volumes ranging from 5.7M to 6.1M MMBtu.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 9:45 pm

NLS

Nautilus has reiterated its FY24 net revenue guidance of $270M-$300M, which is in line with the estimated $280.03M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 9:45 pm

DISCO

LAW

DISCO has projected its Q3 2023 revenue to be between $33M and $35M, which is lower than the estimated $35.44M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 9:45 pm