Streetbeat News

Revenues

DHX

DHI Group announced a 10% reduction in its workforce as part of a restructuring plan, aiming to generate annual cost savings of approximately $8M to $10M.

Portfolio Pulse from Charles Gross

May 25, 2023 | 11:11 am

GDS

GDS Holdings Limited has reiterated its FY23 revenue guidance of $1.453 billion to $1.508 billion, surpassing the consensus estimate of $1.44 billion.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 11:04 am

MOV

Movado Group reiterates its FY24 revenue guidance of $725.0M-$750.0M, compared to the consensus of $736.7M, and EPS of $2.70-$2.90, compared to the consensus of $2.79. The company also reiterates a sales decline of 9%-12% in the first half.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 10:51 am

BBW

As of April 29, 2023, Build-A-Bear Workshop had 482 global locations, including 349 corporately-managed stores, 70 third-party retail locations, and 63 international franchisees. There was one net closure in corporately-managed stores and four net closures in international franchisees during the fiscal 2023 first quarter.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 10:49 am

TSM

DigiTimes reports that the AI chip boom is expected to drive TSMC's revenue growth in 2023. The increasing demand for AI chips will benefit the semiconductor manufacturer.

Portfolio Pulse from Charles Gross

May 25, 2023 | 10:49 am

BBW

Build-A-Bear Workshop reaffirms its FY23 outlook, expecting 5%-7% growth in total revenues and 10%-15% growth in pre-tax income compared to FY22. The company plans to open 20-30 experience locations and estimates capital expenditures of $15-$20 million.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 10:48 am

CMCO

Columbus McKinnon Corporation (CMCO) expects Q1 revenue to be between $235 million and $240 million.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 10:33 am

AMWD

American Woodmark expects a low double-digit decline in net sales for fiscal 2024, with adjusted EBITDA projected to be between $205 million and $225 million.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 10:32 am

STG

Sunlands Technology Group (STG) expects Q2 revenue to be between $70.15 million and $73.08 million.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 8:45 am

F

TSLA

Tesla Inc (TSLA) experienced a 1,436.4% YoY increase in new vehicle registrations in the UK last month, raising its market share to 1.36% from 0.1% last year. Despite the surge, none of Tesla's models were among the bestsellers for the month.

Portfolio Pulse from Anan Ashraf

May 25, 2023 | 6:02 am