Streetbeat News

Revenues

GDRX

GoodRx has revised its FY23 total revenue outlook from $750M-$775M to $750M-$760M, which is below the estimated $762.25M. The company's CFO, Karsten Voermann, mentioned that their direct contracting approach with retailers may lead to a short-term headwind for prescription transactions revenue growth.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:10 am

LL

LL Flooring has announced that it will not be providing financial guidance due to uncertainty in the macroeconomic environment. Factors contributing to this uncertainty include consumer confidence, inflation, volatile interest and mortgage rates, and lower existing home sales.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:07 am

LFST

LifeStance Health Group, Inc. (LFST) has raised its FY23 revenue guidance to $1.01B-$1.04B, up from the previous guidance of $990M-$1.02B. The company also increased its center margin guidance to $280M-$300M, up from the earlier guidance of $274M-$290M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:06 am

TSQ

Townsquare Media has reaffirmed its FY23 net revenue guidance of $450M-$470M, representing a change of -2.8% to +1.5% from the prior year. This is against an estimate of $464.95M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:05 am

VLN

Valens Semiconductor Ltd has reaffirmed its Q3 revenue forecast to be between $14.0M-$14.2M, which is in line with the estimated $14.1M. The company also reaffirmed its FY23 revenue forecast to be between $83.8M-$84.2M, closely matching the estimated $83.97M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:04 am

FA

First Advantage has projected its FY23 revenues to be between $770M and $810M, which is slightly lower than the estimated $776.28M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:03 am

GEO

Geo Group has projected its Q3 revenue to be between $588M and $603M, which is lower than the estimated $612.57M. The company also anticipates its FY23 revenue to be $2.4B, slightly below the estimated $2.43B.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:02 am

ASX

ASE Technology's net revenues for July 2023 have declined by 20% YoY to $1.56B, although they have increased sequentially by 2.6%. The company's ATM revenue fell by 22.8% YoY.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 7:30 am

RIVN

TSLA

Rivian Automotive has revealed details of its collaboration with Tesla on charging infrastructure. Rivian's customers will pay for the charging, with the funds flowing from Rivian to Tesla. This is the first time any company that joined Tesla’s charging network has spoken about paying for the service. The access to Tesla’s North American Charging Standard (NACS) will help Rivian’s charging network to reach profitability. Rivian signed an agreement with Tesla to adopt the NACS in June, allowing Rivian customers to charge their vehicles on Tesla’s supercharger network starting in spring 2024.

Portfolio Pulse from Anan Ashraf

August 09, 2023 | 6:33 am

EC

Ecopetrol's Q2 2023 sales have decreased to COP 34.3T from COP 43.89T. The net income attributable to owners also fell to COP 4.08T from COP 10.47T.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 5:59 am