Regulation S-K

System1 Announces First Quarter 2024 Financial Results

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목요일, 5월 9, 2024

System1, Inc. (NYSE: SST) (“System1” or the “Company”), an omnichannel customer acquisition marketing platform, announced its financial results for the first quarter of 2024.

Key Points: 
  • System1, Inc. (NYSE: SST) (“System1” or the “Company”), an omnichannel customer acquisition marketing platform, announced its financial results for the first quarter of 2024.
  • We had a strong quarter of execution across our core initiatives and I am pleased we were able to deliver these results,” commented Michael Blend, System1’s Co-Founder & Chief Executive Officer.
  • “Looking towards the remainder of 2024, we remain optimistic about increased advertiser demand, and we are confident the investments in our RAMP platform leave System1 well positioned to take advantage of these trends.”
    Tridivesh Kidambi, Chief Financial Officer of System1, commented, “We delivered first quarter financial results that exceeded our guidance, which was the result of some better-than-expected trends at the end of the quarter.
  • The variability of these items could have an unpredictable, and potentially significant, impact on the Company’s future GAAP financial results.

FIGS Releases First Quarter 2024 Financial Results

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목요일, 5월 9, 2024

FIGS, Inc. (NYSE: FIGS) (the “Company”), the global leading healthcare apparel brand dedicated to improving the lives of healthcare professionals, today released its first quarter 2024 financial results and published a financial highlights presentation on its investor relations website at ir.wearfigs.com/financials/quarterly-results.

Key Points: 
  • FIGS, Inc. (NYSE: FIGS) (the “Company”), the global leading healthcare apparel brand dedicated to improving the lives of healthcare professionals, today released its first quarter 2024 financial results and published a financial highlights presentation on its investor relations website at ir.wearfigs.com/financials/quarterly-results.
  • Importantly, we saw improved momentum in our business, particularly in repeat frequency trends, toward the end of the first quarter and into the second.
  • (2) First quarter 2024 net revenues results reflect $1.4 million in international duty subsidies recorded as contra revenue, whereas international duty subsidies were recorded in selling expense in first quarter 2023.
  • (5) Net revenues per active customer and AOV results for the first quarter 2024 each reflect international duty subsidies recorded as contra revenue, which were not reflected in the results for these metrics for first quarter 2023.

Synchronoss Technologies Reports First Quarter 2024 Results

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화요일, 5월 7, 2024

BRIDGEWATER, N.J., May 07, 2024 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in Personal Cloud platforms, today reported financial results for its first quarter ended March 31, 2024.

Key Points: 
  • “In the quarter, total revenue grew to $43.0 million on recurring revenue of 91%, and adjusted gross margins strengthened year-over-year to 76%, positioning us well to meet our financial guidance for 2024.
  • First Quarter 2024 Financial Results:
    Results compare 2024 fiscal first quarter end (March 31, 2024) to 2023 fiscal first quarter end (March 31, 2023) unless otherwise indicated.
  • Synchronoss will hold a conference call today, May 7, 2024, at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss these results.
  • Synchronoss uses these non-GAAP financial measures internally in analyzing its financial results and believes they are useful to investors, as a supplement to GAAP measures, in evaluating Synchronoss’ ongoing operational performance.

KVH Industries Reports First Quarter 2024 Results

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월요일, 5월 6, 2024

Revenue was $29.3 million for the first quarter of 2024, a decrease of 14% compared to $34.1 million in the first quarter of 2023.

Key Points: 
  • Revenue was $29.3 million for the first quarter of 2024, a decrease of 14% compared to $34.1 million in the first quarter of 2023.
  • Our operating expenses increased $0.8 million to $13.7 million for the first quarter of 2024 compared to $12.9 million for the first quarter of 2023.
  • KVH Industries will host a conference call today at 4:30 p.m.
  • Management generally uses these non-GAAP financial measures to facilitate financial and operational decision-making, including evaluation of our historical operating results and comparison to competitors’ operating results.

Janus International Group Reports First Quarter 2024 Financial Results

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목요일, 5월 9, 2024

Janus International Group, Inc. (NYSE: JBI) (“Janus” or the “Company”), a leading provider of building product solutions and cutting-edge access control technologies for the self-storage and other commercial and industrial sectors, today announced financial results for the first quarter ended March 30, 2024.

Key Points: 
  • Janus International Group, Inc. (NYSE: JBI) (“Janus” or the “Company”), a leading provider of building product solutions and cutting-edge access control technologies for the self-storage and other commercial and industrial sectors, today announced financial results for the first quarter ended March 30, 2024.
  • Net income of $30.7 million, or $0.21 per diluted share, a 18.1% increase compared to $26.0 million, or $0.18 per diluted share in the first quarter of 2023.
  • Adjusted Net Income per diluted share of $0.21, a 16.7% increase compared to $0.18 per diluted share in the first quarter of 2023.
  • “Driven by strength in our Self-Storage segment we delivered first quarter results in-line with our expectations, and we believe we are set up well for a successful 2024,” said Ramey Jackson, Chief Executive Officer.

Biote Reports First Quarter 2024 Financial Results

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화요일, 5월 7, 2024

Biote (NASDAQ: BTMD), a leading solutions provider in preventive health care through the delivery of personalized hormone optimization and therapeutic wellness, today announced financial results for the first quarter ended March 31, 2024.

Key Points: 
  • Biote (NASDAQ: BTMD), a leading solutions provider in preventive health care through the delivery of personalized hormone optimization and therapeutic wellness, today announced financial results for the first quarter ended March 31, 2024.
  • Revenue for the first quarter of 2024 was $46.8 million, an increase of 4.4% from $44.8 million for the first quarter of 2023.
  • Gross profit margin for the first quarter of 2024 was 71.4% compared to 69.1% for the first quarter of 2023.
  • Operating income for the first quarter of 2024 was $10.4 million, compared to $7.9 million for the first quarter of 2023.

Hims & Hers Health, Inc. Reports First Quarter 2024 Financial Results

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월요일, 5월 6, 2024

Gross margin was 82% for the first quarter of 2024 compared to 80% for the first quarter of 2023.

Key Points: 
  • Gross margin was 82% for the first quarter of 2024 compared to 80% for the first quarter of 2023.
  • Adjusted EBITDA was $32.3 million for the first quarter of 2024 compared to $6.1 million for the first quarter of 2023.
  • Net cash provided by operating activities was $25.8 million for the first quarter of 2024 compared to $9.5 million for the first quarter of 2023.
  • Hims & Hers will host a conference call to review the first quarter 2024 results on May 6, 2024, at 5:00 p.m.

ATSG Reports First Quarter 2024 Results

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월요일, 5월 6, 2024

Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body freighter aircraft leasing, contracted air transportation, and related services, today reported consolidated financial results for the first quarter ended March 31, 2024.

Key Points: 
  • Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body freighter aircraft leasing, contracted air transportation, and related services, today reported consolidated financial results for the first quarter ended March 31, 2024.
  • CAM’s first quarter pretax earnings decreased $21 million, or 61%, to $13 million versus the prior-year quarter.
  • Pretax loss was $3 million in the first quarter, versus a loss of $2 million in the first quarter of 2023.
  • ATSG will host an investor conference call on Tuesday, May 7, 2024, at 10 a.m. Eastern Time to review its results for the first quarter of 2024, and its outlook for the remainder of the year.

Ecovyst Reports First Quarter 2024 Results

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목요일, 5월 2, 2024

MALVERN, Pa., May 2, 2024 /PRNewswire/ -- Ecovyst Inc. (NYSE: ECVT) ("Ecovyst" or the "Company"), a leading integrated and innovative global provider of advanced materials, specialty catalysts and services, today reported results for the first quarter ended March 31, 2024.

Key Points: 
  • MALVERN, Pa., May 2, 2024 /PRNewswire/ -- Ecovyst Inc. (NYSE: ECVT) ("Ecovyst" or the "Company"), a leading integrated and innovative global provider of advanced materials, specialty catalysts and services, today reported results for the first quarter ended March 31, 2024.
  • "Ecovyst delivered solid results and year-over-year growth for the first quarter of 2024, reflecting positive demand fundamentals across the majority of our end use exposures.
  • Sales for the quarter ended March 31, 2024 were $160.5 million, compared to $160.9 million in the first quarter of 2023.
  • On Thursday, May 2, 2024, Ecovyst management will review the first quarter results during a conference call and audio-only webcast scheduled for 11:00 a.m. Eastern Time.

Blackbaud Announces 2024 First Quarter Results

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화요일, 4월 30, 2024

CHARLESTON, S.C., April 30, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today announced financial results for its first quarter ended March 31, 2024.

Key Points: 
  • Company Shows Continued Strong Progress on Five-Point Operating Plan; Blackbaud Repurchases Approximately 5.5% of Outstanding Common Stock in the First Quarter
    CHARLESTON, S.C., April 30, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today announced financial results for its first quarter ended March 31, 2024.
  • First Quarter 2024 Results Compared to First Quarter 2023 Results:
    GAAP total revenue was $279.3 million, up 6.7%, with $271.5 million in GAAP recurring revenue, up 7.4%.
  • On April 30, 2024, Blackbaud entered into a 5-year $1.5 billion credit facility that amended and extended its existing credit facility.
  • As of March 31, 2024, Blackbaud had approximately $259.7 million remaining under its approved common stock repurchase program that was authorized in January 2024.