Streetbeat News

Revenues

EWA

Australia's retail sales for June have decreased by 0.8% compared to the previous month, missing the estimated 0.0% change and showing a decline from the prior 0.8% increase.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 4:26 am

INTC

Intel's CEO announced during a conference call that the company's sales pipeline for its AI accelerator chip is worth $1 billion.

Portfolio Pulse from Charles Gross

July 27, 2023 | 9:58 pm

BLD

TopBuild Corp. (NYSE:BLD) has announced plans to acquire Specialty Products & Insulation (SPI) in an all-cash transaction valued at $960 million. SPI, a portfolio company of Incline Equity Partners, is a leading distributor and custom fabricator of mechanical insulation and a specialty distributor of building insulation. The acquisition is expected to expand TopBuild's specialty distribution footprint, enhance fabrication capabilities, and grow recurring revenue streams. The transaction is expected to result in $35M to $40M of run-rate cost synergies.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 8:48 pm

LYV

Live Nation (LYV) expects a record 2023 with over 117 million tickets sold year-to-date, up 20% YoY. Ticketmaster sales are also expected to hit a record with 151 million fee-bearing tickets sold year-to-date, up 22% YoY. The company is on track to manage 600 million tickets including selling 300 million fee-bearing tickets this year. Sponsorship is expected to contribute to double-digit operating income and AOI growth.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 8:46 pm

SIGA

SIGA Technologies, Inc. has announced that it has received procurement orders from the U.S. government worth approximately $138 million for oral and IV TPOXX.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 8:45 pm

EMN

Eastman Chemical has revised its demand growth outlook downwards, now expecting primary demand across many of its end markets to remain stable compared with the first half.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 8:39 pm

EXPO

Exponent expects its Q3 EBITDA to be between 27.5% and 28.5% of revenues.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 8:37 pm

TXRH

Texas Roadhouse's comparable restaurant sales at company restaurants for the first four weeks of Q3 have increased by 10.7%.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 8:25 pm

IVA

Inventiva has reported preliminary 1H revenue of €1.9M, a significant increase from €0.1M YoY.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 8:25 pm

ENPH

Enphase Energy Inc. has projected its Q3 revenue to be between $550M and $600M, which is significantly lower than the estimated $748.08M.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 8:11 pm