Streetbeat News

Revenues

CENN

Cenntro Electric Group's Q1 2023 revenue increased by 90% YoY to $3.5M, attributed to higher average selling prices and an expanded go-to-market strategy. The company commenced production of several electric commercial trucks at new facilities in Jacksonville, FL, and Howell, NJ. It also started assembly and production of battery packs using lithium iron phosphate battery cells and proprietary battery management technologies. Despite these developments, the company's sales volume decreased by 14.6% YoY, and it reported a net loss of $11.0M for Q1 2023.

Portfolio Pulse from Happy Mohamed

July 25, 2023 | 8:36 pm

PRO

PROS Holdings has projected its FY23 revenue to be between $300M-$302M, which is higher than the estimated $297.33M.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:30 pm

ATRC

AtriCure has increased its FY23 revenue forecast from $385M-$392M to $392M-$395M, surpassing the consensus estimate of $388.31M.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:29 pm

ATRC

AtriCure has projected its FY23 revenue to be between $392M-$395M, which is higher than the estimated $388.31M.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:28 pm

TENB

Tenable Holdings has projected its FY23 revenue to be between $783M and $791M, surpassing the estimated $780.99M. The company also anticipates its adjusted EPS to be $0.65-$0.69, higher than the estimated $0.59.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:26 pm

RILY

B. Riley Financial has released its preliminary Q2 results, expecting an EPS of $1.48-$1.55 and total revenues of $405M-$407M.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:23 pm

GOOG

GOOGL

Alphabet has reported its Q2 2023 Google Search and Other Revenue at $42.628B.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:15 pm

GOOG

GOOGL

Alphabet has reported its Q2 2023 YouTube Ads revenue to be $7.665B.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:14 pm

GOOG

GOOGL

Alphabet has reported its Q2 2023 cloud revenue to be $8.031B.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:13 pm

SNAP

Snap Inc. expects Q3 revenue to be between $1.07B and $1.13B, compared to an estimate of $945.95M. The company anticipates DAU to reach 405 million to 406 million in Q3. The guidance range reflects the company's ongoing transition in its advertising platform and limited visibility of advertising demand. Adjusted EBITDA is estimated to be between negative $50 million and negative $100 million due to investments in ML, AI, and other infrastructure.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:13 pm