Streetbeat News

Revenues

FUBO

FuboTV has revised its Q3 revenue forecast to $279.7M-$285.7M, lower than the estimated $295.75M. However, the company has raised its FY23 revenue guidance to $1.2894B-$1.3134B, up from the previous $1.264B-$1.298B, and in line with the $1.29B estimate.

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August 04, 2023 | 3:18 pm

AXL

American Axle & Manufacturing Holdings, Inc. (AXL) has reiterated its FY23 revenue target of $5.95B-$6.25B, in line with the consensus of $6.13B. The company also projects an adjusted EBITDA of $725M-$800M and a free cash flow of $225M-$300M, assuming capital spending of 3.5%-4.0% of sales.

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August 04, 2023 | 3:17 pm

TDS

Telephone and Data Systems (TDS) has reaffirmed its 2023 revenue guidance for its TDS Telecom segment, expecting revenues of $1.03B-$1.06B. The company also adjusted its EBITDA forecast to $270M-$300M, up from the previous range of $260M-$290M.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 3:12 pm

SSP

E.W. Scripps Co has projected a decrease in Q3 local media revenue by a mid-single-digit percent range, and a drop in Scripps Networks revenue by around 10%.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 3:10 pm

TWST

Twist Bioscience has updated its FY23 revenue guidance to $241M-$242M, up from the previous guidance of $235M-$238M and above the consensus of $237.23M.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 3:10 pm

OMI

Owens & Minor has revised its FY23 revenue outlook, reducing the top range from $10.6B to $10.5B. The lower range remains unchanged at $10.2B.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 3:02 pm

INTT

inTEST Corp has announced that it expects its Q3 revenue to be in line with Q2 at $32.6M, slightly above the estimated $32.18M. The company also raised its FY23 revenue forecast to $127M-$131M, up from the previous estimate of $125M-$130M.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 3:02 pm

AULT

Ault Alliance's subsidiary, Sentinum, has mined 909 Bitcoin from January 1, 2023, through July 31, 2023.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 3:01 pm

TILE

Interface Inc. has projected its FY23 revenue to be between $1.285B and $1.310B, compared to the estimated $1.3B. The company also expects its Q3 revenue to range from $320M to $330M, against the estimated $326M.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:58 pm

MGA

Magna International has revised its FY23 revenue forecast to $40.2B-$41.8B, down from the previous estimate of $41.9B-$43.5B. The company's segment sales for Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles have all been adjusted upwards. However, the adjusted EBIT margin, equity income, and adjusted net income attributable to Magna have been slightly reduced.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:56 pm