Clear Secure announces United Airlines customers can enroll in Clear through app Big! Now if we can just get this to other airlines that way....
Matterport price target raised to $6 from $5 at Piper Sandler 06:06 MTTR Piper Sandler a Common Piper....
Xponential Fitness price target raised to $36 from $34 at Piper Sandler 06:04 XPOF Piper Sandler analyst Peter Keith raised the firm's price target on Xponential Fitness to $36 from $34 and keeps an Overweight rating on the shares. The analyst views the Q3 results as strong and says the stock's valuation remains cheap.
Matterport reports Q3 EPS (9c), consensus (13c) 17:04 MTTR Reports Q3 revenue $37.99M, consensus $35.94M. Total subscribers increased to 657,000, up 50% compared to the third quarter of 2021. "We delivered outstanding third quarter results, with record total revenue, demonstrating that our strategy is working," said RJ Pittman, chairman and CEO of Matterport. "We successfully launched our new Enterprise Essentials subscription suite as well as our new, high speed, LiDAR-enabled, Pro3 camera, which began shipping in the third quarter. We also completed the acquisition of VHT Studios, which brings together an industry-leading real estate marketing platform with Matterport's immersive digital twin technologies. Further, customer demand remained robust in the quarter as enterprises leveraged the deflationary power of Matterport digital twins to improve operating efficiency and productivity, resulting in strong revenue growth across our target markets," Pittman added.
Van-! Toast jumps 8% to $21.60 after Q3 results and FY22 guidance raise 16:30 TOST> Toast raises FY22 revenue view to $2.692B-$2.722B from $2.62B-$2.66B 16:25 TOST Consensus $2.66B. Raises FY22 adjusted EBITDA view to ($127M)-($117M) from ($160M)-($140M). Toast reports Q3 EPS (19c), consensus (9c) 16:24 TOST Reports Q3 revevnue $752M, consensus $721.52M. "Toast delivered strong results in the third quarter, surpassing $100 billion in annualized GPV for the first time and driving sustained revenue momentum and continued margin improvement," said Toast CEO, Chris Comparato. "We continue to balance efficiency with disciplined investments in innovation to power the restaurant industry. The launch of Toast Invoicing is the latest example of how we help restaurants efficiently grow their business through our leading integrated platform. At a time when restaurants need a trusted technology partner more than ever, we remain focused on helping our customers drive efficiency, grow their business and continue to successfully adapt to the dynamic operating environment." IDEA #1 TOAST
Steel Dynamics announces additional $1.5B share repurchase program 16:32 STLD Steel Dynamics announced that the company's board of directors authorized an additional share repurchase program of up to $1.5B of the company's common stock. The authorization is effective immediately and is additive to the previous $1.25B program, which had $245M remaining authorized and available for repurchase on September 30.
Compass sees Q4 revenue $1.15B-$1.30B, consensus $1.41B 16:23 COMP Sees Q4 Adjusted EBITDA ($50M)-($80M).
Microvast sees FY22 y/y revenue growth 35%-40% 16:18 MVST The company said, "Microvast confirms year over year revenue growth for the year ended December 31, 2022 ("FY 2022") is expected to be in the range of 35% to 40%. The Company's backlog at the end of Q3 2022 was $140.6 million, an increase of 166.8% compared to $52.7 million at the end of Q3 2021. The Company expects capital expenditures for the remainder of FY 2022 to be approximately $90.0 million to $120.0 million, which will be primarily used in connection with the Company's ongoing manufacturing capacity expansions in Huzhou, China and Clarksville, Tennessee." Microvast Holdings, Inc. (MVST) NasdaqGS - NasdaqGS Real Time Price. 2.4400+0.1700(+7.49%) At close: November 10 04:00PM EST 2.4300-0.01(-0.41%) Pre-Market:06:34AM EST Description Microvast Holdings, Inc. designs, develops, and manufactures battery systems for electric vehicles and energy storage systems. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, and nickel manganese cobalt version 1 and 2.It also designs, develops, and manufactures battery components, such as cathode, anode, electrolyte, and separator. In addition, the company offers battery solutions for commercial vehicles and energy storage systems. Its commercial vehicle markets cover buses, trains, mining trucks, marine and port applications, and automated guided and specialty vehicles, as well as light, medium, heavy-duty trucks in the United States and internationally. The company was incorporated in 2006 and is based in Stafford, Texas.