Segment

Gulf Island Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Giovedì, Marzo 7, 2024

Operating income was $2.7 million for the fourth quarter 2023, compared to operating income of $2.2 million for the fourth quarter 2022.

Key Points: 
  • Operating income was $2.7 million for the fourth quarter 2023, compared to operating income of $2.2 million for the fourth quarter 2022.
  • Operating income was $6.1 million for the fourth quarter 2023, compared to operating income of $4.1 million for the fourth quarter 2022.
  • Shipyard Segment – Revenue for the fourth quarter 2023 was $0.6 million, an increase of $0.2 million compared to the fourth quarter 2022.
  • Operating loss was $0.1 million for the fourth quarter 2023, compared to an operating loss of $3.6 million for the fourth quarter 2022.

Sotera Health Reports Fourth-Quarter and Full-Year 2023 Results; Provides 2024 Outlook

Retrieved on: 
Martedì, Febbraio 27, 2024

2023 net revenues increased 4.5% to $1.05 billion, compared to 2022

Key Points: 
  • 2023 net revenues increased 4.5% to $1.05 billion, compared to 2022
    CLEVELAND, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Sotera Health Company (“Sotera Health” or the “Company”) (Nasdaq: SHC), a leading global provider of mission-critical end-to-end sterilization solutions, lab testing and advisory services for the healthcare industry, today announced financial results for the fourth-quarter and full-year 2023 and its initial 2024 outlook.
  • For the fourth-quarter 2023, net revenues increased 23.3% to $310 million, compared with $252 million in the same period a year ago.
  • For full-year 2023, net revenues increased 4.5% to $1.05 billion, compared with $1.00 billion for full-year 2022.
  • Updates on recent developments in matters relevant to investors can be found on the Investor Relations section of the Sotera Health website at Investor Relations | Sotera Health .

The Shyft Group Reports Fourth Quarter and Full-Year 2023 Results

Retrieved on: 
Giovedì, Febbraio 22, 2024

Generated free cash flow of $36 million in the year; improvement of $75 million year-over-year

Key Points: 
  • Generated free cash flow of $36 million in the year; improvement of $75 million year-over-year
    NOVI, Mich., Feb. 22, 2024 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQ: SHYF) (“Shyft” or the “Company”), the North American leader in specialty vehicle manufacturing, assembly and upfit for the commercial, retail and service specialty vehicle markets, today reported operating results for the fourth quarter and full-year ending December 31, 2023.
  • “Our Specialty Vehicles business delivered strong overall profitability driven by robust demand for our vocational work trucks.
  • “Shyft has a strong core business, and the team is implementing the framework to return the company to historic profitability levels.
  • We are strengthening the leadership team, driving operational execution, and deepening our commercial capabilities to deliver long-term shareholder value.”
    The Shyft Group will host a conference call at 8:30 a.m.

LKQ Corporation Announces Results for Fourth Quarter and Full Year 2023

Retrieved on: 
Giovedì, Febbraio 22, 2024

Fourth quarter 2023 diluted EPS2 of $0.69; adjusted diluted EPS1,2 of $0.84

Key Points: 
  • Fourth quarter 2023 diluted EPS2 of $0.69; adjusted diluted EPS1,2 of $0.84
    Annual diluted EPS2 of $3.51; adjusted diluted EPS1,2 of $3.83
    Annual operating cash flow of $1.4 billion; free cash flow1 of $1.0 billion
    CHICAGO, Feb. 22, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq:LKQ) today reported fourth quarter and full year 2023 financial results.
  • Revenue for the fourth quarter of 2023 was $3.5 billion, an increase of 16.6% compared to $3.0 billion for the fourth quarter of 2022.
  • Net income2 for the fourth quarter of 2023 was $184 million compared to $193 million for the same period of 2022.
  • During the fourth quarter of 2023, the Company invested $30 million to repurchase 0.7 million shares of its common stock.

Stevanato Group Delivers Double-Digit Revenue Growth in Fiscal Year 2023

Retrieved on: 
Giovedì, Marzo 7, 2024

Revenue for the fourth quarter of 2023 increased 10% to €320.6 million, and high-value solutions represented 37% of total revenue.

Key Points: 
  • Revenue for the fourth quarter of 2023 increased 10% to €320.6 million, and high-value solutions represented 37% of total revenue.
  • For fiscal year 2023, revenue increased 10% to €1,085.4 million, and high-value solutions represented 34% of total revenue.
  • Excluding revenue contributions from Covid-19, revenue grew approximately 24% in the fourth quarter of 2023, compared with the same period in 2022.
  • Revenue from high-value solutions increased to 34% of total revenue for fiscal year 2023, compared with 30% last year.

Neurala to Collaborate with Lattice Semiconductor to Accelerate Edge AI

Retrieved on: 
Mercoledì, Febbraio 28, 2024

Today Neurala , a leading provider of vision AI software, announced a new version of Neurala VIA that enables the rapid deployment of AI models based on the award-winning Lattice sensAI™ solution stack and low power Lattice FPGAs.

Key Points: 
  • Today Neurala , a leading provider of vision AI software, announced a new version of Neurala VIA that enables the rapid deployment of AI models based on the award-winning Lattice sensAI™ solution stack and low power Lattice FPGAs.
  • The latest Neurala VIA offers more flexibility, provides advanced edge AI capabilities, and maximizes available compute power, enabling developers to efficiently create and deploy AI models at the edge.
  • Neurala CEO and Co-Founder, Dr. Max Versace said, “Running AI at the edge is increasingly important to reduce power, latency, minimize bandwidth, and increase data privacy.
  • “This collaboration with Neurala is a great example of how Lattice’s low power FPGA technology and sensAI solution stack can help accelerate development cycles and enable designers to build and deploy scalable Edge AI applications.”
    The collaboration between Neurala and Lattice marks a significant milestone in advancing edge AI capabilities.

Arrcus Enables SoftBank Corp. to Commence Field Trials of 5G MEC

Retrieved on: 
Martedì, Febbraio 27, 2024

It facilitates the implementation of network slicing and MEC in a simpler and more cost-effective manner compared to conventional networks.

Key Points: 
  • It facilitates the implementation of network slicing and MEC in a simpler and more cost-effective manner compared to conventional networks.
  • Notably, SoftBank has rolled out 5G MEC in the Kyushu region for its 5G Standalone service, ensuring the shortest possible path to mobile users regardless of their location.
  • "Our collaboration with SoftBank highlights our shared commitment to driving 5G innovation forward,” said Shekar Ayyar, CEO and Chairman at Arrcus.
  • Visit the Arrcus stand in Hall 2, Stand 2D41 to experience the demonstration or secure a meeting with an Arrcus executive here .

Legion Partners Sends Letter to Twilio Board of Directors

Retrieved on: 
Lunedì, Febbraio 26, 2024

Dear Members of the Board:

Key Points: 
  • Dear Members of the Board:
    Legion Partners Asset Management, LLC, together with its affiliates (collectively, “we” or “Legion Partners”) are stockholders of Twilio Inc. (“Twilio”, “TWLO”, or the “Company”), beneficially owning 601,050 shares of the Company’s outstanding stock.
  • Legion Partners’ strategy entails highly concentrated equity positions, with a long-term investment horizon and active involvement with our portfolio companies.
  • We are writing to Twilio’s Board of Directors (the “Board”) as a follow up to our one-year long engagement with the Board to unlock shareholder value.
  • However, our view is that Twilio is not achieving anywhere close to an appropriate valuation in its current form, and therefore significant work remains to be done to unlock meaningful value.

Arcosa, Inc. Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Giovedì, Febbraio 22, 2024

“Within Engineered Structures, Adjusted Segment EBITDA increased 13% in 2023, normalizing for the sale of the storage tanks business.

Key Points: 
  • “Within Engineered Structures, Adjusted Segment EBITDA increased 13% in 2023, normalizing for the sale of the storage tanks business.
  • Sequentially, margin for utility structures increased in the fourth quarter, and we continue to focus on improving profitability in 2024.
  • At the end of the fourth quarter, the combined backlog for utility, wind, and related structures was $1,367.5 million compared to $671.3 million at the end of the fourth quarter of 2022.
  • A conference call is scheduled for 8:30 a.m. Eastern Time on February 23, 2024 to discuss fourth quarter and full year 2023 results.

Expro Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Mercoledì, Febbraio 21, 2024

Net cash provided by operating activities for the fourth quarter of 2023 was $33 million compared to net cash provided by operating activities of $59 million for the third quarter of 2023.

Key Points: 
  • Net cash provided by operating activities for the fourth quarter of 2023 was $33 million compared to net cash provided by operating activities of $59 million for the third quarter of 2023.
  • Adjusted cash flow from operations1 for the fourth quarter of 2023 was $43 million compared to $64 million for the third quarter of 2023.
  • Unless otherwise noted, the following discussion compares the quarterly results for the fourth quarter of 2023 to the results for the third quarter of 2023.
  • Depreciation and amortization expense was $63 million for the fourth quarter of 2023 compared to $37 million for the third quarter of 2023.