Streetbeat News

Revenues

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

DOX

Doximity's shares are trading lower following the company's issuance of weak revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 10:22 pm

PUBM

PubMatic has provided its financial outlook for Q3 2023, expecting revenues to be between $58M-$61M, lower than the estimated $65.93M. The company cites challenging macroeconomic conditions and cautious advertisers as reasons for the lower projection. Adjusted EBITDA is expected to be between $13M-$15M, representing a 23% margin at the midpoint. For the full year 2023, CapEx is expected to decrease by approximately 70% over 2022.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 10:02 pm

TDUP

ThredUp has projected its Q3 revenue to be between $82M-$84M, which is in line with the estimated $82.67M. The company also forecasts its Q4 revenue to be between $84.5M-$86.5M.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 9:55 pm

ME

23andMe has reaffirmed its FY24 revenue guidance of $255M-$275M.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 9:50 pm

RWLK

ReWalk Robotics Ltd. (NASDAQ:RWLK) has announced a definitive agreement to acquire AlterG, Inc., a provider of Anti-Gravity systems for use in physical and neurological rehabilitation. The acquisition, costing approximately $19 million, is expected to expand ReWalk's customer-facing capabilities and advance future growth opportunities. AlterG generated revenue of $20 million in fiscal year 2022 with positive operating profit. The transaction is expected to close on August 11, 2023.

Portfolio Pulse from Happy Mohamed

August 08, 2023 | 9:47 pm

VCYT

Veracyte has increased its FY23 revenue guidance from $330M-$340M to $342M-$350M.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 9:45 pm

ASLE

AerSale has projected its 2023 revenue to be between $400M and $440M, which is lower than the estimated $468.11M.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 9:45 pm

TYGO

Tigo Energy has projected its Q3 revenues to be between $41M and $45M, which is significantly lower than the estimated $76.43M.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 9:41 pm

DAVE

Dave Inc. has updated its FY23 financial outlook, expecting Non-GAAP operating revenue between $235M-$260M, an annual growth of 11%-23%. The company is also raising its Non-GAAP variable profit margin outlook to 47%-51%, a 400 basis point increase from previous guidance. Adjusted EBITDA is expected to improve by 43%-60% from 2022, despite a $4M legal settlement related to a 2020 data breach.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 9:39 pm