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ANIP

ANI Pharmaceuticals has increased its FY23 net revenue guidance to $425M-$445M, up from the previous $385M-$410M, surpassing the consensus of $406.41M. The company also raised its FY23 adjusted non-GAAP EBITDA guidance to $115M-$125M from the earlier $97M-$107M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:55 am

ODP

ODP Corporation has increased its FY23 adjusted EPS outlook from $4.50 - $5.10 to $5.00 - $5.30, which is higher than the estimated $4.96.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:55 am

ODP

ODP Corporation has reduced its revenue forecast for FY23 from a range of $8B - $8.4B to a flat $8B, which is below the estimated $8.2B.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:53 am

ASLE

DKNG

DOCS

EXFY

LYFT

MVIS

PUBM

SMCI

TLRY

TWOU

UPST

WE

ZIP

Several US stocks recorded losses in Wednesday's pre-market trading session. Doximity, PubMatic, AerSale, Upstart Holdings, 2U, WeWork, ZipRecruiter, Expensify, Super Micro Computer, Lyft, DraftKings, MicroVision, and Tilray Brands all saw their shares dip due to various reasons such as weak sales forecasts, downbeat quarterly results, and weak revenue guidance.

Portfolio Pulse from Lisa Levin

August 09, 2023 | 10:47 am

WRBY

Warby Parker (NYSE:WRBY) reported Q2 adjusted earnings of $0.04 per share, beating the analyst consensus estimate of $0.02 by 100%. This is a 500% increase over losses from the same period last year. The company also reported quarterly sales of $166.09 million, beating the analyst consensus estimate of $162.49 million by 2.22%, a 11.01% increase over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:47 am

MCO

SPY

US markets closed in the red on Tuesday after Moody's downgraded several banks, causing concerns about the soundness of US banks and the economy. The Dow Jones, S&P 500, and Nasdaq all closed lower. Asian markets showed mixed results, with Japan's Nikkei and China's Shanghai Composite and Shenzhen CSI 300 closing lower, while Australia's S&P/ASX 200 and Hong Kong's Hang Seng index closed higher. European markets and US futures were trading higher early Wednesday.

Portfolio Pulse from Akanksha Bakshi

August 09, 2023 | 10:39 am

FTCI

FTC Solar has expressed disappointment over customer project delays that have impacted its near-term revenue. The company, listed as FTCI, did not provide further details on the extent of the impact.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:39 am

FTCI

FTC Solar has announced that it expects its Q3 revenue to be approximately flat to down relative to Q2. The company forecasts Q3 revenue to be between $24.0M and $34.0M, significantly lower than the consensus estimate of $73.98M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:38 am

APRN

Blue Apron has updated its FY23 revenue forecast to $410.0M-$415.0M, higher than the previous estimate of $405.69M. The company also expects to achieve adjusted EBITDA profitability in Q2 of FY24.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:36 am

DDD

3D Systems has reduced its FY23 revenue guidance from $545M-$575M to $525M-$545M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:32 am