Earnings per share

Oportun Reports First Quarter 2024 Financial Results

Retrieved on: 
Donnerstag, Mai 9, 2024

Originations – Aggregate Originations for the first quarter were $338 million, a decrease of 17% as compared to $408 million in the prior-year quarter.

Key Points: 
  • Originations – Aggregate Originations for the first quarter were $338 million, a decrease of 17% as compared to $408 million in the prior-year quarter.
  • Revenue – Total revenue for the first quarter was $250 million, a decrease of 3% as compared to $260 million in the prior-year quarter.
  • Net Charge-Off Rate – The Annualized Net Charge-Off Rate for the quarter was 12.0%, compared to 12.1% for the prior-year quarter.
  • Oportun is providing the following guidance for 2Q 2024 and full year 2024 as follows:

Breaking News: Johnson Fistel, LLP Investigates Forward Air (FWRD)

Retrieved on: 
Donnerstag, Mai 9, 2024

SAN DIEGO, May 09, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of securities laws by Forward Air Corporation (NASDAQ: FWRD) ("Forward Air ").

Key Points: 
  • SAN DIEGO, May 09, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of securities laws by Forward Air Corporation (NASDAQ: FWRD) ("Forward Air ").
  • If you have purchased Forward Air securities and have experienced losses, we encourage you to join our investigation to potentially make claims and recover under federal securities laws.
  • Following the market closure on May 8, 2024, Forward Air disclosed its financial performance for the first quarter of 2024.
  • Following this news shares of Forward Air were trading down 30% in pre-market trading on May9, 2024.

Maravai LifeSciences Reports First Quarter 2024 Financial Results

Retrieved on: 
Mittwoch, Mai 8, 2024

The non-GAAP financial measures should be considered supplemental to, and not a substitute for, financial information prepared in accordance with GAAP.

Key Points: 
  • The non-GAAP financial measures should be considered supplemental to, and not a substitute for, financial information prepared in accordance with GAAP.
  • ET to discuss its financial results for the first quarter of fiscal year 2024.
  • Approximately 10 minutes before the call, dial (888) 596-4144 or (646) 968-2525 and reference Maravai LifeSciences, Conference ID 6629752.
  • The call will also be available via live or archived webcast on the "Investors" section of the Maravai web site at https://investors.maravai.com/ .

Kratos Reports First Quarter 2024 Financial Results

Retrieved on: 
Dienstag, Mai 7, 2024

First Quarter 2024 Revenues of $277.2 Million Increased 19.6 Percent over First Quarter 2023 Revenues of $231.8 Million, including 19.5 Percent Organic Growth

Key Points: 
  • First Quarter 2024 Revenues of $277.2 Million Increased 19.6 Percent over First Quarter 2023 Revenues of $231.8 Million, including 19.5 Percent Organic Growth
    First Quarter 2024 Unmanned Systems Revenues of $59.4 Million Increased 23.8 Percent over First Quarter 2023 Revenues of $48.0 Million, including 21.8 Percent Organic Growth
    First Quarter 2024 and Last Twelve Months Ended March 31, 2024 Consolidated Book to Bill Ratio of 1.1 to 1
    SAN DIEGO, May 07, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a Technology Company in the Defense, National Security and Global Markets, today reported its first quarter 2024 financial results, including Revenues of $277.2 million, Operating Income of $7.0 million, Net Income of $1.3 million, Adjusted EBITDA of $26.0 million and a consolidated book to bill ratio of 1.1 to 1.0.
  • Kratos reported first quarter 2024 GAAP Net Income attributable to Kratos of $1.3 million and Earnings Per Share of $0.01 compared to a GAAP Net Loss attributable to Kratos of $7.0 million and a GAAP Net Loss per share of $0.05 for the first quarter of 2023.
  • Adjusted EPS was $0.11 for the first quarter of 2024, compared to $0.06 for the first quarter of 2023.
  • First quarter 2024 Revenues of $277.2 million increased $45.4 million, or 19.6 percent, from first quarter 2023 Revenues of $231.8 million.

Unitil Reports First Quarter Earnings

Retrieved on: 
Dienstag, Mai 7, 2024

The Company’s Electric and Gas GAAP Gross Margins were $20.1 million and $50.2 million, respectively, for the first quarter of 2024.

Key Points: 
  • The Company’s Electric and Gas GAAP Gross Margins were $20.1 million and $50.2 million, respectively, for the first quarter of 2024.
  • Electric Adjusted Gross Margin (a non-GAAP financial measure1) was $27.1 million in the first quarter of 2024, an increase of $0.4 million compared to the same period in 2023.
  • The Company’s earnings are seasonal and are typically higher in the first and fourth quarters when customers use natural gas for heating purposes.
  • The Company will hold a quarterly conference call to discuss first quarter 2024 results on Tuesday, May 7, 2024, at 10:00 a.m. Eastern Time.

Reynolds Consumer Products Reports First Quarter 2024 Financial Results

Retrieved on: 
Mittwoch, Mai 8, 2024

Reynolds Consumer Products Inc. (“RCP” or the “Company”) (Nasdaq: REYN) today reported financial results for the first quarter ended March 31, 2024.

Key Points: 
  • Reynolds Consumer Products Inc. (“RCP” or the “Company”) (Nasdaq: REYN) today reported financial results for the first quarter ended March 31, 2024.
  • The Company continued to lead its categories with several performing slightly better than expected in the quarter.
  • The Company further reduced Net Debt to Trailing Twelve Months Adjusted EBITDA from 2.7x on December 31, 2023 to 2.5x on March 31, 2024.
  • “We delivered strong first quarter results reflecting our commitment to driving our categories, expanding margins and increasing financial flexibility,” said Lance Mitchell, CEO and President of Reynolds Consumer Products.

WELL Health Reports Record Quarterly Revenue and Record Net Income for a first quarter in Q1-2024 and Increases Both Revenue and Adjusted EBITDA Guidance for 2024

Retrieved on: 
Mittwoch, Mai 8, 2024

WELL's Canadian business grew its Adjusted EBITDA in Q1- 2024 by 19% to $14.6 million on a YoY basis.

Key Points: 
  • WELL's Canadian business grew its Adjusted EBITDA in Q1- 2024 by 19% to $14.6 million on a YoY basis.
  • WELL is pleased to provide guidance of an improvement of FCFA2S of more than $55M in 2024, a 30% increase from $42.4 million in 2023.
  • WELL increases its guidance range for 2024 annual revenue of between $960 million to $980 million, while guiding to upper range of its previous Adjusted EBITDA guidance of $125 million to $130 million.
  • First Quarter 2024 Financial Highlights:
    WELL achieved record quarterly revenue of $231.6 million in Q1-2024, an increase of 37% as compared to revenue of $169.4 million generated in Q1-2023.

Verra Mobility Announces First Quarter 2024 Financial Results

Retrieved on: 
Donnerstag, Mai 2, 2024

MESA, Ariz., May 2, 2024 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today the financial results for the first quarter ended March 31, 2024.

Key Points: 
  • MESA, Ariz., May 2, 2024 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today the financial results for the first quarter ended March 31, 2024.
  • "Our first quarter results provided a very strong start to 2024," said David Roberts, President and CEO, Verra Mobility.
  • Revenue: Total revenue for the first quarter of 2024 was $209.7 million, an increase of 9% compared to $191.9 million for the first quarter of 2023.
  • Based on our first quarter results and our outlook for the remainder of the year, we are expecting to deliver results as follows:

EQS-News: ENCAVIS AG:

Retrieved on: 
Freitag, Mai 3, 2024

In Spain, prices fell by more than a third compared with the same period of the previous year.

Key Points: 
  • In Spain, prices fell by more than a third compared with the same period of the previous year.
  • The Management Board confirms the guidance for the financial year 2024, already given with the publication of the consolidated financial statements 2023.
  • *) Explanations and calculation of the adjusted operating earnings figures can be found in the Annual Report / Consolidated Financial Statements 2023 of Encavis AG beginning on page 17 and at page 37.
  • The Annual Report / Consolidated Financial Statements 2023 of Encavis AG are available at:

Silvercrest Asset Management Group Inc. Reports Q1 2024 Results

Retrieved on: 
Donnerstag, Mai 2, 2024

Silvercrest’s discretionary assets under management increased by $1.4 billion, or 6.6%, to $22.7 billion at March 31, 2024, from $21.3 billion at March 31, 2023.

Key Points: 
  • Silvercrest’s discretionary assets under management increased by $1.4 billion, or 6.6%, to $22.7 billion at March 31, 2024, from $21.3 billion at March 31, 2023.
  • Silvercrest’s total AUM increased by $4.6 billion, or 15.4%, to $34.5 billion at March 31, 2024, from $29.9 billion at March 31, 2023.
  • Silvercrest’s discretionary assets under management increased by $0.8 billion, or 3.7%, to $22.7 billion at March 31, 2024, from $21.9 billion at December 31, 2023.
  • Silvercrest Asset Management Group Inc.’s total equity was $83.9 million at March 31, 2024.