Streetbeat News

Revenues

TTD

The Trade Desk has projected its Q3 2023 revenue to be approximately $485 million, which is higher than the estimated $479.61 million.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:04 pm

SNCE

Science 37 Holdings reported better-than-expected Q2 financial results and raised its FY23 revenue guidance above estimates, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 7:39 pm

AMC

AMC Entertainment Holdings, Inc reported Q2 revenues of $1.35 billion, surpassing the estimated $1.29 billion. The company's EBITDA reached $183 million, resulting in a 13.5% margin, exceeding expectations. AMC's total revenue only decreased by about 10% compared to Q2FY19, despite the overall industry box office being down 18% from 2019. The company is exploring opportunities to enhance its concessions offerings and is open to issuing additional common shares to enhance liquidity further.

Portfolio Pulse from Anusuya Lahiri

August 09, 2023 | 7:18 pm

ISPO

Inspirato Incorporated reported worse-than-expected Q2 financial results and issued FY23 total revenue guidance below estimates, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 6:10 pm

OPRT

Oportun Financial Corporation reported better-than-expected Q2 financial results and issued FY23 and Q3 revenue guidance above estimates, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 6:03 pm

MNK

Mallinckrodt has reported Q2 sales of $475.00 million.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 6:01 pm

TBLA

Taboola.Com reported better-than-expected Q2 financial results and raised its FY23 revenue guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 5:05 pm

KRNT

Kornit Digital reported worse-than-expected Q2 revenue results and issued Q3 revenue guidance below estimates, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 4:46 pm

CBAT

CBAK Energy Technology Inc reported Q2 FY23 revenues of $42.40 million, a decline from $56.35 million a year ago. The decline was due to lower sales from the battery business and Hitrans, an indirect majority-owned subsidiary. Battery business revenues declined 13.5% Y/Y to $22.2 million due to the price volatility of lithium carbonate. The company's shares are trading lower by 3.33% at $1.16.

Portfolio Pulse from Lekha Gupta

August 09, 2023 | 4:23 pm

CHTR

CMCSA

T

TMUS

VZ

Verizon Communications Inc has increased prices on some existing wireless plans to boost revenue and offset subscriber slowdown. This is the third price hike in two years. The company's sales declined by 3.5% year-on-year to $32.6 billion in July. Verizon and AT&T have raised prices to boost margins and beat mobile phone subscribers' slowdown, but both have lost market share to T-Mobile US, Inc, Comcast Corp, and Charter Communications Inc.

Portfolio Pulse from Anusuya Lahiri

August 09, 2023 | 3:49 pm