Streetbeat News

Revenues

MU

Micron Technology estimates that the combined direct sales and indirect sales through distributors to China headquarter cost is about a quarter of its revenue, according to a statement made at the JP Morgan Conference.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 12:30 pm

SPI

SPI Energy has reaffirmed its 2023 revenue guidance of $250 million to $300 million, indicating confidence in the company's growth prospects.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 12:27 pm

KULR

KULR Technology Group expects substantial revenue growth compared to Q1 2023 due to sizable demand for its KULR One battery packs.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 12:24 pm

MU

Micron remains unclear about the security concerns surrounding its products, stating that it has received no complaints from customers. The company estimates the impact to be in the low single digits percent of total revenue and high single digits percentage at the high end.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 12:22 pm

XNET

Xunlei Limited (NASDAQ:XNET) is downsizing its domestic audio live streaming operations due to lower gross margin and challenging industry environment, resulting in significantly reduced revenues from live streaming and other IVAS segments.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 12:13 pm

PLUG

Plug Power has secured three electrolyzer deals for European green hydrogen projects in hard-to-decarbonize industries. These deals will help expand Plug's presence in the European market and support the growth of green hydrogen production.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 11:16 am

GLBE

Global-e Online (GLBE) expects Q2 revenue to be between $125 million and $130 million.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 11:04 am

GLBE

Global-e Online has raised its FY23 revenue outlook from $557M-$584M to $562M-$590M, compared to the previous estimate of $577.77M.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 11:03 am

SMR

The Biden Administration announced a global public-private commitment of up to $275M to advance NuScale VOYGRTM deployment in Romania at the G7 Leaders Summit. The US also issued Letters of Interest for up to $4 billion in project financing, supporting the SMR power plant project at the Doicesti site.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 10:58 am

SY

So-Young expects Q2 sales to range between RMB380M ($55.3M) and RMB400M ($58.2M), surpassing the consensus estimate of $51.3M.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 9:06 am