Streetbeat News

Revenues

GLPG

Galapagos reported its 1H 2023 financial results, with total net revenues of €328.8M, up 20% YoY. Product net sales increased by 54% and collaboration revenues by 15%. The company also reduced its R&D expenditure by 15% and G&A and S&M expenses by 9%. The company reported an operating profit of €11.3M, compared to a loss of €97.5M in the same period last year.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 2:31 pm

APLE

Apple Hospitality has projected its FY23 revenue to be between $163M and $202M. The company also expects its capital expenditures to range from $70M to $80M.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:31 pm

TPIC

TPI Composites has projected its FY23 revenue to be between $1.525B and $1.575B, which is in line with the estimated $1.55B.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:31 pm

AAPL

Apple CEO Tim Cook announced that the company achieved an all-time revenue record in Services during the June quarter, driven by over 1 billion paid subscriptions. He also noted robust sales of iPhone in emerging markets.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 2:30 pm

MODV

ModivCare has updated its revenue and adjusted EBITDA guidance for FY23. The company now expects revenue to be between $2.75 billion and $2.8 billion, up from the previous estimate of $2.575 billion to $2.6 billion. However, the adjusted EBITDA guidance has been lowered to $200 million to $210 million from the previous $225 million to $235 million.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:29 pm

ALHC

Alignment Healthcare has projected its Q3 2023 revenue to be between $440M-$445M, higher than the estimated $428.29M. The company also forecasts its FY23 revenue to be between $1.76B-$1.785B, surpassing the estimated $1.74B.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 2:28 pm

GDOT

Green Dot Corporation has reaffirmed its FY23 Non-GAAP total operating revenue to be between $1.376B and $1.462B.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:28 pm

ICFI

ICF has re-affirmed its full year 2023 guidance ranges, with total revenue expected to be between $1.930 billion and $2.0 billion, which is in line with the estimated $1.98 billion.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:28 pm

CRSR

Corsair Gaming has reiterated its FY23 revenue guidance of $1.35 billion to $1.55 billion, which is in line with the estimated $1.47 billion.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:26 pm

AGL

Agilon Health has projected its FY23 revenue to be between $4.525 billion and $4.54 billion, which is higher than the estimated $4.43 billion.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:26 pm