Streetbeat News

Revenues

CNDT

Conduent has projected its FY23 adjusted revenue to be between $3.7 billion and $3.8 billion, which is in line with the estimated $3.75 billion.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:05 am

VCEL

Vericel has revised its FY23 revenue guidance upwards from $184M-$192M to $190M-$197M. The company maintains its profitability guidance of gross margin in the high-60% range and adjusted EBITDA margin in the mid-teens % range.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 11:04 am

KPTI

Karyopharm Therapeutics has provided its financial outlook for FY23, expecting total revenue to be between $145M-$160M, which includes U.S. XPOVIO net product revenue and license, royalty and milestone revenue earned from partners. The company also expects non-GAAP R&D and SG&A expenses to be in the range of $240M-$255M, due to cost savings from further optimization of infrastructure and cost structure and workforce reduction of approximately 20%.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 11:01 am

RCM

R1 RCM has revised its FY23 revenue outlook from $2.28B-$2.33B to $2.255B-$2.275B, which is lower than the estimated $2.31B.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:00 am

SRDX

Surmodics, Inc has revised its FY23 revenue guidance to $130M-$132M, up from the previous $103M-$106M. The company also expects a smaller GAAP diluted loss per share of $(0.55) to $(0.40), and a Non-GAAP diluted loss per share of $(0.29) to $(0.14).

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:00 am

RSVR

Reservoir Media has maintained its previously provided FY24 financial outlook, with expected revenue between $127M-$132M. The consensus estimate stands at $129.95M.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:00 am

RDCM

RADCOM has reaffirmed its FY23 revenue outlook at $50M - $53M, which is in line with the estimated $51.15M.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:59 am

INVZ

Innoviz Technologies has raised its revenue outlook for 2023 to $15M-$20M, up from the previous estimate of $12M-$15M. This is higher than the estimated $13.47M.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:57 am

FIS

FIS has projected its FY23 revenue to be between $14.5B and $14.631B, which is higher than the estimated $14.52B. The company also expects its Q3 revenue to range from $3.64B to $3.69B, surpassing the estimated $3.58B.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:57 am

CHEF

The Chefs' Warehouse has projected its FY23 revenue to be between $3.25B and $3.35B, which is in line with the estimated $3.28B.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:57 am