Streetbeat News

Revenues

LEDS

SemiLEDs Corporation expects its Q4 revenue to be approximately $1.4 million, with a possible variation of +/- 10%.

Portfolio Pulse from Benzinga Newsdesk

July 07, 2023 | 10:03 am

SAND

Sandvik, a subsidiary of Sandstorm Gold, has received a major order from an Australian customer for the supply of underground mining equipment. The order, valued at around SEK 460 million, was booked in Q2 2023, with delivery planned to begin in Q3 2023 and continue into Q2 2025.

Portfolio Pulse from Benzinga Newsdesk

July 07, 2023 | 9:32 am

NCPL

Netcapital has projected its net sales for the fiscal year 2023 to range between $8.3M and $8.5M, as per its 8-K filing.

Portfolio Pulse from Charles Gross

July 06, 2023 | 9:35 pm

LEVI

Levi Strauss CFO has announced a lowering of the company's outlook due to softer U.S. wholesale trends, as revealed in a conference call.

Portfolio Pulse from Charles Gross

July 06, 2023 | 9:29 pm

TSLA

Tesla Inc's energy and solar divisions are allowing users to generate energy that can be sold back to utility companies. In Texas, customers of Tesla Electric have reportedly made up to $150 daily in recent weeks due to rising temperatures. The business is currently only available to Powerwall owners in Texas, with plans to expand in the future. Tesla Energy has passed 500,000 Powerwall installations worldwide.

Portfolio Pulse from Chris Katje

July 06, 2023 | 9:24 pm

DIS

The Walt Disney Company (NYSE:DIS) has seen its shares fall in 2023 due to concerns about its box office, streaming platform, and advertising revenue. Despite having several high-grossing films, Disney's movies are underperforming compared to previous years. The company's chances of reaching the $1 billion milestone at the worldwide box office in 2023 appear slim. However, Disney's consumer products business remains successful and helps cushion the blow of movies not doing as well in theaters.

Portfolio Pulse from Chris Katje

July 06, 2023 | 8:45 pm

COST

Costco has reported a 1.4% decrease in total company comparable sales for June.

Portfolio Pulse from Benzinga Newsdesk

July 06, 2023 | 8:23 pm

COST

Costco Wholesale has reported its June sales results, with net sales reaching $22.86 billion. The company also reported net sales of $196.93 billion for the 44 weeks ended July 2.

Portfolio Pulse from Benzinga Newsdesk

July 06, 2023 | 8:18 pm

SAND

Sandstorm Gold Ltd. (NYSE:SAND) (TSX:SSL) reported Q2 2023 sales of approximately 24,500 attributable gold equivalent ounces and record preliminary revenue of $49.8 million, compared to 19,276 ounces and $36.0 million in revenue for the same period in 2022. Preliminary cost of sales for the quarter was $5.6 million, resulting in cash operating margins of approximately $1,743 per attributable gold equivalent ounce.

Portfolio Pulse from Happy Mohamed

July 06, 2023 | 8:17 pm

EVER

EverQuote has announced plans to exit its health insurance vertical, which includes its marketplace and direct to consumer agency serving the Medicare and 'Under 65' health insurance market, and represented about 10% of the company's revenue in 2022. The company has also begun implementing a workforce reduction plan, which will result in severance charges of approximately $2.0 million to $3.0 million, primarily recognized in Q2 2023. EverQuote is also reviewing the potential impact of this decision on its balance sheet.

Portfolio Pulse from Benzinga Newsdesk

July 06, 2023 | 8:13 pm