Streetbeat News

Revenues

CVRX

CVRx has increased its FY23 total revenue outlook from $35.5M-$38.0M to $37.0M-$38.5M, surpassing the consensus estimate of $36.63M.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:46 pm

CVRX

CVRx has projected its Q3 revenue to be between $9.5M and $10.2M, which is higher than the estimated $9.26M.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:44 pm

CVRX

CVRx has increased its FY23 revenue forecast from $35.5M-$38M to $37M-$38.5M, which is higher than the estimated $36.63M.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:43 pm

SNAP

Snap Inc. reported Q2 revenue of $1.07 billion, down 4% YoY but beating the Street consensus estimate of $1.05 billion. The company reported a loss of two cents per share, better than the estimated loss of four cents per share. Daily active users were up 14% YoY to 397 million. The company's AI chatbot, My AI, has been used by 150 million people since its launch in May. Snap is guiding for Q3 revenue to be between $1.07 billion and $1.13 billion, ahead of the Street consensus estimate of $945.95 million.

Portfolio Pulse from Chris Katje

July 25, 2023 | 8:42 pm

GTLS

Chart Industries has been contracted to supply hydrogen compressors for hydrogen production in China. This could potentially increase the company's revenue and market presence in China.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:40 pm

CSGP

CoStar Group has reduced its FY23 revenue forecast from $2.465B-$2.48B to $2.45B-$2.46B, below the consensus of $2.48B. The revision is due to lower property transaction volume expectations in the second half of 2023, which will impact Ten-X revenue.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:38 pm

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