Streetbeat News

Revenues

BROS

Dutch Bros has projected its total revenues for FY23 to be between $950 million and $1 billion, which is slightly below the estimated $972.67 million.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 8:40 pm

TWOU

2U has reaffirmed its FY23 revenue guidance of $985M-$995M, which is in line with the estimated $989.09M.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 8:34 pm

CTOS

Custom Truck One Source (CTOS) has projected its FY23 revenue to be between $1.725 billion and $1.83 billion, which is higher than the estimated $1.71 billion. The company's 2023 outlook includes revenues from ERS, TES, and APS segments.

Portfolio Pulse from Happy Mohamed

August 08, 2023 | 8:31 pm

TOST

Toast Inc. has updated its Q3 and FY23 revenue outlook. For Q3, the company expects revenue between $1.01 billion and $1.04 billion, slightly above the $1 billion estimate. For FY23, the revenue is expected to be between $3.81 billion and $3.87 billion, surpassing the $3.78 billion estimate. Adjusted EBITDA for Q3 is expected to be between $15 million and $25 million, and for FY23, it's expected to be between $15 million and $35 million.

Portfolio Pulse from Happy Mohamed

August 08, 2023 | 8:29 pm

EGHT

8x8 Inc. has projected its Q2 2024 services revenue to be between $173M and $178M, and total revenue to be between $180M and $186M. This is lower than the estimated revenue of $189.88M.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 8:17 pm

ARRY

Array Technologies has projected its FY23 revenue to be between $1.65 billion and $1.725 billion, which is lower than the estimated $1.85 billion.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 8:14 pm

TWLO

Twilio has projected its Q2 2023 revenue to be between $980 million and $990 million, which is lower than the estimated $1.02 billion.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 8:13 pm

RIVN

Rivian Automotive, Inc. has produced 13,992 vehicles at its manufacturing facility in Normal, Illinois and delivered 12,640 vehicles during the same period.

Portfolio Pulse from Happy Mohamed

August 08, 2023 | 8:10 pm

PODD

Insulet Corporation has raised its revenue growth expectations for FY23 to 22%-25%, up from the previous 18%-22%. The company also expects Q3 revenue growth of 18%-21%. The growth is expected to be driven by its Omnipod product line, with U.S. Omnipod expected to grow 33%-36% and International Omnipod 7%-10%. However, the Drug Delivery product line is expected to decline by 50%-45%. The company reaffirms its gross margin of 65%-66% and expects an operating margin in the high-single digits for FY23.

Portfolio Pulse from Happy Mohamed

August 08, 2023 | 8:07 pm

AXON

Axon has increased its revenue outlook for FY23 to $1.51B-$1.53B, up from the previous estimate of $1.46B.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 8:07 pm