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GDYN

Grid Dynamics Holdings expects its Q3 2023 revenue to be between $76M and $78M, similar to its Q2 outlook. Non-GAAP EBITDA is projected to be between $10M and $11M. The company is unable to provide GAAP targets for net income due to the difficulty of estimating certain items.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 2:45 pm

DOCN

DigitalOcean Holdings (DOCN) has provided its Q3 and FY23 financial outlook. The company expects Q3 revenue to be between $172.5M and $174M, and FY23 revenue to be between $680M and $685M. Both estimates are lower than the market expectations of $179.51M for Q3 and $704.14M for FY23. The company will provide Q3 2023 and full year 2023 non-GAAP diluted net income per share estimates after finalizing the correction of tax expense errors.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 2:45 pm

OLED

Universal Display Corporation has projected its FY23 revenue to be between $560M and $600M, compared to the estimated $573.72M.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:44 pm

AES

AES Corporation has reaffirmed its 2023 guidance for adjusted EPS of $1.65-$1.75, which is in line with the consensus of $1.71. The company also maintains its annualized growth target of 7%-9% through 2025, using 2020 as the base year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:44 pm

COLL

Collegium Pharmaceutical, Inc. has reaffirmed its full-year 2023 guidance for product revenues, net, adjusted operating expenses, and adjusted EBITDA. The company expects product revenues to be between $565.0 to $580.0 million, adjusted operating expenses (excluding stock-based compensation) to be between $135.0 to $145.0 million, and adjusted EBITDA (excluding stock-based compensation) to be between $355.0 to $370.0 million.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:44 pm

TEAM

Atlassian's Q4 results exceeded expectations, leading to a rise in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:44 pm

OMGA

Omega Therapeutics has announced a $60 million offering.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:43 pm

DKNG

DraftKings has increased its FY23 revenue guidance from $3.135B-$3.235B to $3.46B-$3.54B, surpassing the consensus estimate of $3.27B.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:43 pm

HAYN

Haynes International (HAYN) expects Q4 earnings to be negatively impacted by the continued reduction in the price of both Nickel and Cobalt.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:42 pm

CTVA

Corteva has reduced its FY23 net sales outlook from $18.6B-$18.9B to $17.9B-$18.2B, which is below the consensus estimate of $18.54B.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:42 pm