Net income

Grindr Inc. Reports First Quarter 2024 Revenue Growth of 35%

Retrieved on: 
목요일, 5월 9, 2024

Grindr Inc. (NYSE: GRND), the premiere LGBTQ+ social connector, today posted its financial results for the first fiscal quarter ended March 31, 2024 in a Letter to Shareholders.

Key Points: 
  • Grindr Inc. (NYSE: GRND), the premiere LGBTQ+ social connector, today posted its financial results for the first fiscal quarter ended March 31, 2024 in a Letter to Shareholders.
  • “Grindr is off to an outstanding start to 2024, highlighted by revenue growth of 35% year-over-year and strong margins in our first quarter,” said George Arison, Grindr’s Chief Executive Officer.
  • Adjusted EBITDA Margin is calculated by dividing Adjusted EBITDA for a period by revenue for the same period.
  • The variability of the above charges could have a significant and potentially unpredictable impact on our future GAAP financial results.

Sterling Reports First Quarter 2024 Results

Retrieved on: 
목요일, 5월 9, 2024

INDEPENDENCE, Ohio, May 09, 2024 (GLOBE NEWSWIRE) -- Sterling Check Corp. (NASDAQ: STER) (“Sterling” or “the Company”) a leading global provider of technology-enabled background and identity verification services, today announced financial results for the first quarter ended March 31, 2024.

Key Points: 
  • INDEPENDENCE, Ohio, May 09, 2024 (GLOBE NEWSWIRE) -- Sterling Check Corp. (NASDAQ: STER) (“Sterling” or “the Company”) a leading global provider of technology-enabled background and identity verification services, today announced financial results for the first quarter ended March 31, 2024.
  • Organic revenue growth included growth of 11% year-over-year from the combination of new business, up/cross-sell, and customer attrition, offset by a 16% decline year-over-year in our base business.
  • Josh Peirez, Sterling CEO, said, “In the first quarter, Sterling started off the year with solid year-over-year revenue growth of approximately 4% including strong organic revenue trends within the revenue drivers in our control.
  • “These top line factors had a dampening effect on our profitability during the first quarter.

Clearway Energy, Inc. Reports First Quarter 2024 Financial Results

Retrieved on: 
목요일, 5월 9, 2024

The project achieved commercial operations in the second quarter of 2024 and sells its power under a 25-year PPA with an investment grade utility.

Key Points: 
  • The project achieved commercial operations in the second quarter of 2024 and sells its power under a 25-year PPA with an investment grade utility.
  • On May 9, 2024, Clearway Energy, Inc.’s Board of Directors declared a quarterly dividend on Class A and Class C common stock of $0.4102 per share payable on June 17, 2024, to stockholders of record as of June 3, 2024.
  • 2024 CAFD guidance does not factor in the timing of when CAFD is realized from new growth investments pursuant to 5-year averages beyond 2024.
  • On May 9, 2024, Clearway Energy, Inc. will host a conference call at 8:00 a.m. Eastern to discuss these results.

Liquidity Services Announces Second Quarter Fiscal Year 2024 Financial Results

Retrieved on: 
목요일, 5월 9, 2024

BETHESDA, Md., May 09, 2024 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT; www.liquidityservices.com), a leading global commerce company powering the circular economy, today announced its financial results for the quarter ended March 31, 2024, as compared to the corresponding prior year quarter:

Key Points: 
  • Our fiscal third quarter 2024 outlook reflects the seasonally high activity at GovDeals, with year-over-year GMV growth expected to continue despite the potential for softer used vehicle market prices than last year.
  • Our RSCG segment expects to sustain similar volumes to this past fiscal second quarter’s record RSCG GMV.
  • AllSurplus Deals, our Retail consumer curbside pick-up marketplace, is expected to sustain strong year-over-year growth this coming quarter.
  • Our Retail segment continues to experience an inflow of lower value product mix that has dampened direct margins compared to last year and is expected to result in fiscal third quarter margins similar to this past fiscal second quarter.

Privia Health Reports First Quarter 2024 Financial Results

Retrieved on: 
목요일, 5월 9, 2024

For these reasons, management is unable to assess the probable significance of the unavailable information, which could materially impact the amount of the future directly comparable GAAP measures.

Key Points: 
  • For these reasons, management is unable to assess the probable significance of the unavailable information, which could materially impact the amount of the future directly comparable GAAP measures.
  • The Company will host a conference call on May 9, 2024, at 8:00 am ET to discuss these results and management’s outlook for future financial and operational performance.
  • The webcast will be archived and available for replay for on-demand listening shortly after the completion of the call under the same link.
  • This news release and the financial statements contained herein, and the slide presentation for the webcast, are also available on the Privia Health Investor Relations website at ir.priviahealth.com .

Jushi Holdings Inc. Reports First Quarter 2024 Financial Results

Retrieved on: 
목요일, 5월 9, 2024

BOCA RATON, Fla., May 09, 2024 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, is pleased to announce its financial results for the first quarter ended March 31, 2024 (“Q1 2024”). All financial information is unaudited and provided in U.S. dollars unless otherwise indicated and is prepared under U.S. Generally Accepted Accounting Principles (“GAAP”).

Key Points: 
  • Net Loss of $18.4 Million, Compared to $12.4 Million in Q1 2023
    BOCA RATON, Fla., May 09, 2024 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH ) ( OTCQX: JUSHF ), a vertically integrated, multi-state cannabis operator, is pleased to announce its financial results for the first quarter ended March 31, 2024 (“Q1 2024”).
  • All financial information is unaudited and provided in U.S. dollars unless otherwise indicated and is prepared under U.S. Generally Accepted Accounting Principles (“GAAP”).
  • “I am proud to share that our Q1 2024 gross profit margin is up to 49.4%, with Adjusted EBITDA further improving to 20.4% of revenue for the quarter.
  • Additionally, our positioning in high-growth markets has provided an encouraging start to 2024, and we believe there are several exciting regulatory developments on the horizon.”
    Financial Results for the First Quarter Ended March 31, 2024

NV5 Announces First Quarter Results and Raises Guidance

Retrieved on: 
수요일, 5월 8, 2024

"NV5 delivered strong first quarter results in revenue and profitability, exceeding our budget and analyst consensus for revenue and growing cash flows from operations 73% versus the first quarter of 2023.

Key Points: 
  • "NV5 delivered strong first quarter results in revenue and profitability, exceeding our budget and analyst consensus for revenue and growing cash flows from operations 73% versus the first quarter of 2023.
  • We have exceeded our consolidated 2024 budget to date and are raising guidance for gross revenues and EPS," said Dickerson Wright, Executive Chairman of NV5.
  • The Federal continuing resolution that impacted the fourth quarter of last year and much of the first quarter of this year is now behind us.
  • NV5 will host a conference call to discuss its first quarter 2024 financial results at 4:30 p.m. (Eastern Time) on May 8, 2024.

MasterCraft Boat Holdings, Inc. Reports Results for Fiscal 2024 Third Quarter

Retrieved on: 
수요일, 5월 8, 2024

VONORE, Tenn., May 08, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2024 third quarter ended March 31, 2024.

Key Points: 
  • VONORE, Tenn., May 08, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2024 third quarter ended March 31, 2024.
  • The launch of Balise Pontoon Boats is the latest example of our unwavering commitment to growth and innovation.”
    For the third quarter of fiscal 2024, MasterCraft Boat Holdings, Inc. reported consolidated net sales of $95.7 million, down $71.1 million from the third quarter of fiscal 2023.
  • Gross margin percentage declined 630 basis points during the third quarter of fiscal 2024, when compared to the same prior-year period.
  • MasterCraft Boat Holdings, Inc. will host a live conference call and webcast to discuss fiscal third quarter 2024 results today, May 8, 2024, at 8:30 a.m. EDT.

Intermex Reports First Quarter Results

Retrieved on: 
수요일, 5월 8, 2024

MIAMI, May 08, 2024 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ: IMXI) (“Intermex” or the “Company”), one of the nation’s leading omnichannel money transfer services to Latin America and the Caribbean, today reported strong operating results for the first quarter of 2024.

Key Points: 
  • ET
    MIAMI, May 08, 2024 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ: IMXI) (“Intermex” or the “Company”), one of the nation’s leading omnichannel money transfer services to Latin America and the Caribbean, today reported strong operating results for the first quarter of 2024.
  • Bob Lisy, Chairman, President, and CEO of Intermex, stated “We are proud to deliver a great start to 2024, with a record-breaking first quarter and strong double-digit earnings growth.
  • Net Free Cash Generated for the fourth quarter was $4.0 million, down from the first quarter of 2023.
  • The Company repurchased 949,476 shares of its common stock for $20.1 million during the first quarter of 2024 through its underlying share repurchase program.

Beasley Broadcast Group Reports First Quarter Revenue of $54.4 Million

Retrieved on: 
수요일, 5월 8, 2024

Beasley reported an operating loss of $1.1 million in the first quarter of 2024 compared to operating income of $0.4 million in the first quarter of 2023, largely reflecting the year-over-year decrease in net revenue.

Key Points: 
  • Beasley reported an operating loss of $1.1 million in the first quarter of 2024 compared to operating income of $0.4 million in the first quarter of 2023, largely reflecting the year-over-year decrease in net revenue.
  • The year-over-year improvement was primarily due to the $6.0 million gain on sale of an investment in Broadcast Music, Inc. holdings and lower interest expense.
  • Adjusted EBITDA (a non-GAAP financial measure) was $0.7 million in the first quarter of 2024 compared to $2.6 million in the first quarter of 2023.
  • Commenting on the financial results, Caroline Beasley, Chief Executive Officer, said, “Beasley continues to advance our core initiatives, which are focused on driving revenue and cash flow, including our digital transformation, revenue diversification and expense management initiatives.