Streetbeat News

Revenues

ADSE

ADS-TEC Energy plc (NASDAQ:ADSE) reported H1 2023 revenues of €38.3 million, a 400% increase compared to H1 2022. The company reiterated its 2023 guidance of more than €100 million in revenue and expects strong customer growth in 2024. Despite an EBITDA of €-17.6 million, ADS-TEC aims to be EBITDA positive in Q4'23.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:41 pm

BNRG

Brenmiller Energy has launched bGen ZERO, a high-performance product aimed at scaling Thermal Energy Storage (TES) systems from renewable electricity to meet demand for low-cost, zero-emission clean heat. The product is expected to unlock new revenue streams for the company. It will be produced at Brenmiller's gigafactory in Dimona, Israel, with an annual production capacity of up to 4GWh of bGen systems.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:06 pm

JRSH

Jerash Holdings (JRSH) expects its revenue for FY24 to be approximately the same as FY23. The company also sets its gross margin goal for FY24 at around 15-16%.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:04 pm

GTBIF

Green Thumb Industries Inc. reported Q2 2023 revenues of $252.4 million, a decrease of 0.8% YoY but an increase of 2% from Q1 2023. Gross profit was $125.3 million, down 0.4% YoY, and net income was $13.4 million, a decrease of 45.2% YoY. Adjusted EBITDA was $75.8 million, down from $78.7 million in Q2 2022. The company ended the quarter with $149 million in cash and $289.9 million in total debt.

Portfolio Pulse from Vuk Zdinjak

August 09, 2023 | 12:00 pm

OESX

Orion Energy Systems (OESX) has reiterated its expectation for fiscal year 2024 revenue growth of 30% or more, amounting to approximately $100 million. This is slightly below the consensus estimate of $101.8 million.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:39 am

ATMU

Atmus Filtration has provided its FY23 guidance, expecting revenue to be in the range of $1.58B-$1.63B, which is in line with the estimated $1.59B. The company also anticipates adjusted earnings per share to be between $2.05 and $2.25, and adjusted EBITDA margin to be between 17.25% and 18.25%.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:38 am

FREE

Whole Earth Brands has reaffirmed its outlook for the full year 2023, expecting net product revenues of $550 million to $565 million, representing a reported growth of 2% to 5%. The company also anticipates adjusted EBITDA of $76 million to $78 million and capital expenditures of approximately $9 million.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:35 am

NYAX

Nayax has reaffirmed its FY23 revenue guidance of $235M-$240M and adjusted EBITDA of $3M-$7M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:34 am

NOTE

FiscalNote Holdings, Inc. (NYSE:NOTE) has announced a series of new customer agreements in the global public sector, including diplomatic entities, embassies, international cooperation agencies, parliaments, councils, and government-owned finance and banking institutions. The agreements include new contracts, expansions, and renewals for FiscalNote's AI-powered geopolitical intelligence, issue monitoring, and legislative tracking services. The company's recent customer wins include ministries and agencies from Korea, Japan, United Arab Emirates, United Kingdom, Canada, Europe, Ireland, Australia, Sweden, Finland, France, and the World Health Organization.

Portfolio Pulse from Happy Mohamed

August 09, 2023 | 11:33 am

VERX

Vertex Inc. expects its Q3 revenues to be between $141M and $143M, slightly above the estimated $140.09M. The company also forecasts an adjusted EBITDA of $24M-$26M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:20 am