Free cash flow

THE CHEMOURS COMPANY investors: Please contact the Portnoy Law Firm to recover your losses; May 13, 2024 deadline

Retrieved on: 
金曜日, 5月 10, 2024
News, Free cash flow, Ethics, Controller, Senior, Audit committee, Annual report, CC

​LOS ANGELES, May 09, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises The Chemours Company (“Chemours” or the “Company”) (NYSE: CC) investors that a lawsuit was filed on behalf of investors that purchased Chemours securities between February 10, 2023 and February 28, 2024, inclusive (the “Class Period”).

Key Points: 
  • ​LOS ANGELES, May 09, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises The Chemours Company (“Chemours” or the “Company”) (NYSE: CC) investors that a lawsuit was filed on behalf of investors that purchased Chemours securities between February 10, 2023 and February 28, 2024, inclusive (the “Class Period”).
  • The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
  • Following these revelations, Chemours’ share price plummeted by $9.05, or over 31%, ending the day at $28.72 per share on February 29, 2024.
  • The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing.

Fluence Energy, Inc. Reports Strong Financial Performance Highlighted By Cash Generation; Reaffirms Fiscal Year 2024 Guidance Ranges

Retrieved on: 
水曜日, 5月 8, 2024
Table, EDT, PIN, Policy, News, Depreciation, Free cash flow, Digital, SARL, IRA, Bank statement, Adjustment, GAAP, Growth, Video game

Backlog2 of approximately $3.7 billion as of March 31, 2024, compared to approximately $3.7 billion as of December 31, 2023.

Key Points: 
  • Backlog2 of approximately $3.7 billion as of March 31, 2024, compared to approximately $3.7 billion as of December 31, 2023.
  • Free cash flow1 was approximately $87.8 million in the first half of fiscal year 2024, compared to approximately negative $164.5 million in the same period last year.
  • In addition, the Company is reaffirming its fiscal year 2024 annual recurring revenue ("ARR") guidance of approximately $80 million.
  • The foregoing Fiscal Year 2024 Guidance statement represents management's current best estimate as of the date of this release.

Taboola Q1 2024 Results Beat High End of Guidance; Reiterates 2024 Guidance and Expects Accelerating Growth Across All Key Metrics

Retrieved on: 
水曜日, 5月 8, 2024
Part, Investment, Appendix, Risk, Security (finance), Webcast, Free cash flow, Exercise, Privacy, Taboola, Intellectual property, GAAP, Yahoo!, Bookkeeping

NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- Taboola (Nasdaq: TBLA), a market leading technology company powering recommendations for the open web, today announced its results for the quarter ended March 31, 2024.

Key Points: 
  • For the same reasons, we are unable to address the probable significance of the unavailable information.
  • Taboola's senior management team will discuss the Company's earnings on a call that will take place on May 8, 2024, at 8:30 AM ET.
  • You should not place undue reliance on these forward-looking statements, which speak only as of the date they were made.
  • The Company undertakes no duty to update these forward-looking statements except as may be required by law.

TKO Reports First Quarter 2024 Results

Retrieved on: 
水曜日, 5月 8, 2024
Entertainment, Sports, Other Entertainment, Other Sports, Wrestling, Events, Concerts, Martial Arts, Corporation, Raw, Net income, Treasury, Erosion (morphology), Ultimate, Travel, Depreciation, Forecasting, Growth, Free cash flow, Information technology, WWE, Public expenditure, TKO, Acquisition, Adjustment, UFC, Accounting, GAAP, Bookkeeping

Adjusted EBITDA was $140.2 million for the period from January 1, 2024 through March 31, 2024.

Key Points: 
  • Adjusted EBITDA was $140.2 million for the period from January 1, 2024 through March 31, 2024.
  • The Company expects to make two payments totaling $200 million in 2024 and one payment of $135 million in 2025.
  • In addition, it reports results for the “Corporate” group, which incurs expenses that are not allocated to the business segments.
  • ET on May 8, 2024, to discuss its first quarter 2024 results.

Performance Food Group Company Reports Third-Quarter and First-Nine Months Fiscal 2024 Results

Retrieved on: 
水曜日, 5月 8, 2024
Restaurant, Bar, Trucking, Supply Chain Management, Food, Beverage, Logistics, Transport, Discount, Variety, Retail, Weather, Depreciation, Insurance, Webcast, Growth, Free cash flow, Public expenditure, Convenience, Acquisition, EPS, PFG, Adjustment, Name, GAAP, Pharmaceutical industry

Performance Food Group Company (“PFG” or the “Company”) (NYSE: PFGC) today announced its third quarter and first nine months fiscal 2024 business results.

Key Points: 
  • Performance Food Group Company (“PFG” or the “Company”) (NYSE: PFGC) today announced its third quarter and first nine months fiscal 2024 business results.
  • Net sales for the third quarter of fiscal 2024 grew 0.6% to $13.9 billion compared to the prior year period.
  • Operating expenses rose 5.3% to $1.4 billion in the third quarter of fiscal 2024 compared to the prior year period.
  • The effective tax rate in the first nine months of fiscal 2024 was approximately 27.5% compared to 26.9% in the first nine months of fiscal 2023.

Trinseo Reports First Quarter 2024 Financial Results and Provides Second Quarter Outlook

Retrieved on: 
水曜日, 5月 8, 2024
Automotive Manufacturing, Manufacturing, Other Manufacturing, Packaging, Chemicals, Plastics, Styrene, MMA, PMMA, Free cash flow, Pressure, EPS, ABS, Paper, Bank statement, Adjustment, Absorption, Q&A

Trinseo (NYSE: TSE), a specialty material solutions provider, today reported its first quarter 2024 financial results.

Key Points: 
  • Trinseo (NYSE: TSE), a specialty material solutions provider, today reported its first quarter 2024 financial results.
  • First quarter net loss of $76 million was $27 million below prior year, reflecting higher interest and income tax expenses.
  • Commenting on the Company’s first quarter performance, Frank Bozich, President and Chief Executive Officer of Trinseo, said, “We were encouraged with how the first quarter progressed, as results improved steadily throughout the quarter.
  • Commenting on the second quarter outlook, Bozich said, “We are seeing the positive earnings momentum from the end of the first quarter continue into the second quarter, including similar sales and margin levels to start the quarter.

CPI Card Group Inc. Reports First Quarter 2024 Results

Retrieved on: 
火曜日, 5月 7, 2024
Retail, Sustainability, Technology, Finance, Small Business, Fintech, Banking, Professional Services, Online Retail, Environment, Other Retail, Electronic Commerce, Digital Cash Management, Digital Assets, Payments, Software, ABL, Nature, Visa, Depreciation, Debit and Credit, CPI, Free cash flow, PMTS, Public expenditure, Tax, Senior, Loss, Share repurchase, Adjustment, LTM, Credit, Telephone, GAAP, Growth, Financial services

CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or the “Company”), a payments technology company and leading provider of credit, debit, and prepaid card and digital solutions, including Software-as-a-Service-based instant issuance, today reported financial results for the first quarter ended March 31, 2024 and updated its financial outlook for 2024.

Key Points: 
  • CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or the “Company”), a payments technology company and leading provider of credit, debit, and prepaid card and digital solutions, including Software-as-a-Service-based instant issuance, today reported financial results for the first quarter ended March 31, 2024 and updated its financial outlook for 2024.
  • The Company adjusted its Free Cash Flow outlook for 2024 to reflect up-front incentives related to this contract.
  • The Company believes long-term growth trends for the U.S. card market remain strong, led by consumer card growth, widespread adoption of eco-focused cards and the ongoing conversion to contactless cards.
  • CPI Card Group Inc. will hold a conference call on May 7, 2024 at 9:00 a.m. Eastern Time (ET) to review its first quarter results.

Emerald Reports First Quarter 2024 Financial Results

Retrieved on: 
火曜日, 5月 7, 2024
Digital Marketing, Data Analytics, Marketing, Content Marketing, Advertising, Communications, Professional Services, Business, Connections, EDT, Depreciation, Free cash flow, Public expenditure, Tax, Acquisition, Commerce, Eastern Time Zone, Schedule 3, Adjustment, GAAP, Growth

In addition, scheduling adjustments of $4.1 million in the first quarter of 2023 as compared to $2.0 million in the first quarter of 2024 contributed to higher revenue in the first quarter 2024.

Key Points: 
  • In addition, scheduling adjustments of $4.1 million in the first quarter of 2023 as compared to $2.0 million in the first quarter of 2024 contributed to higher revenue in the first quarter 2024.
  • First quarter 2024 Adjusted EBITDA was $40.8 million, compared to $36.5 million for the first quarter 2023.
  • Excluding event cancellation insurance proceeds, first quarter 2024 Adjusted EBITDA was $39.8 million, compared to Adjusted EBITDA ex-insurance of $36.5 million for the first quarter 2023.
  • As previously announced, the Company’s leadership will hold a conference call to discuss its first quarter 2024 results at 8:30 am EDT on Tuesday, May 7, 2024.

Ranger Energy Services, Inc. Announces Q1 2024 Results

Retrieved on: 
火曜日, 5月 7, 2024
Energy, Other Energy, Oil, Gas, Permian, Torrent, Tubing (recreation), Weather, Safety, Depreciation, Depression, Free cash flow, High, Ancillary services (electric power), Pressure, Acquisition, Share repurchase, Water, Growth

Ranger Energy Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”) announced today its results for the first quarter ended March 31, 2024.

Key Points: 
  • Ranger Energy Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”) announced today its results for the first quarter ended March 31, 2024.
  • Stuart Bodden, Ranger’s Chief Executive Officer, commented, “This quarter’s results presented Ranger with a unique set of challenges that adversely impacted multiple service lines.
  • As mentioned in our year-end investor call, 2024 got off to a slow start.
  • For the first quarter of 2024, revenue was $136.9 million, a decrease from $157.5 million in the prior year period.

American Express Global Business Travel Reports Strong Q1 2024 Financial Results and Reiterates 2024 Outlook

Retrieved on: 
火曜日, 5月 7, 2024
Professional Services, Technology, Other Travel, Software, Finance, Travel, Banking, Acquisition, TTV, Growth, Investment, Acceleration, CWT, Free cash flow, Bank

Revenue of $610 million increased $32 million, or 6%, in line with the Company's expectations for the quarter.

Key Points: 
  • Revenue of $610 million increased $32 million, or 6%, in line with the Company's expectations for the quarter.
  • Within this, Travel Revenue increased $25 million, or 5%, primarily due to Transaction Growth partially offset by a small decline in yield.
  • Product and Professional Services Revenue increased $7 million, or 7%, primarily due to increased management fees and increased product and consulting revenue.
  • Net Debt was $888 million as of March 31, 2024, compared to $886 million as of December 31, 2023.