Streetbeat News

Revenues

PRCT

PROCEPT BioRobotics has increased its FY23 revenue outlook from $128M to $131M, which is higher than the previous estimate of $128.5M.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 11:11 am

OPTN

Optinose has announced its preliminary second quarter 2023 net revenue for XHANCE, which is $19.5 million.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 11:10 am

XPRO

Expro Group has reaffirmed its positive business outlook and full-year guidance range for revenue of $1.45B-$1.55B.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 11:08 am

MCD

McDonald's has reported an increase in global comparable sales by 11.7%.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 11:02 am

META

Meta Platforms Inc. (NASDAQ:META) reported a significant increase in revenue from $3 billion to $10 billion, largely driven by the success of Facebook and Instagram Reels. The company's AI investments have played a crucial role in this growth, with AI-recommended content becoming the fastest-growing category on Facebook's feed. The introduction of these AI-powered recommendations has resulted in a 7% increase in overall time users spend on the platform.

Portfolio Pulse from Ananya Gairola

July 27, 2023 | 10:58 am

LII

Lennox International Inc. (LII) has projected its core revenue growth for fiscal year 2023 to be between 2% and 4%.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 10:56 am

BSX

Boston Scientific has revised its FY23 revenue growth guidance to 10.5%-11.5% (reported) and 10%-11% (organic), up from the previously expected 8.5%-10.5% and 8%-10%. The company also forecasts an adjusted EPS of $1.96-$2.00, higher than the consensus of $1.95 and prior guidance of $1.90-$1.96.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 10:41 am

LUV

Southwest Airlines has announced that it is adjusting its 2024 flight schedules to reflect changes in customer travel patterns post-pandemic. The company stated that while business revenues are recovering, they have not yet returned to pre-pandemic levels.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 10:36 am

WEX

WEX has increased its FY23 revenue guidance from $2.45B-$2.49B to $2.50B-$2.52B, compared to the estimated $2.49B.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 10:34 am

WTW

Willis Towers Watson has released its FY23 outlook, expecting mid-single digit organic revenue growth, adjusted operating margin expansion, and $160 million of incremental run-rate savings from the Transformation Program. However, it anticipates a foreign currency headwind on adjusted EPS of approximately $0.05.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 10:05 am