Deleveraging

MannKind Announces CFO Transition

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화요일, 3월 26, 2024
Castagna, Professional corporation, KPMG, Information technology, CFO, Business, MannKind Corporation, Patient, Accounting, Adamas, MBA, Investment, KPMG LLP, Retirement, Loyola Marymount University, Deleveraging, CPA, Management

Mr. Binder plans to remain at MannKind through the end of the year as Executive Vice President, Special Projects.

Key Points: 
  • Mr. Binder plans to remain at MannKind through the end of the year as Executive Vice President, Special Projects.
  • “We are excited to have Chris join us at such a pivotal time as our new CFO,” said Michael Castagna, PharmD., Chief Executive Officer for MannKind Corporation.
  • We are pleased that Steve will remain with MannKind for the rest of 2024, allowing for an optimal transition with Chris.”
    “I look forward to working with Chris and remain totally committed to MannKind’s continued success,” said Steve Binder, Chief Financial Officer.
  • His earlier career also included senior financial roles at InterMune, Inc., Dynavax Technologies Corporation and MannKind.

Winnebago Industries Reports Second Quarter Fiscal 2024 Results

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목요일, 3월 21, 2024
Winnebago Industries, WGO, Environment, EDEN, The Grand Design, Investment, Chris Craft, Deleveraging

EDEN PRAIRIE, Minn., March 21, 2024 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, today reported financial results for the fiscal 2024 second quarter ended February 24, 2024.

Key Points: 
  • -- Barletta Captures 7.9% Share of U.S. Aluminum Pontoon Market(1), up 80 Basis Points YoY --
    EDEN PRAIRIE, Minn., March 21, 2024 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, today reported financial results for the fiscal 2024 second quarter ended February 24, 2024.
  • “As anticipated, wholesale shipments were constrained in the quarter, as dealers continued to closely manage inventory levels amid a higher interest rate environment and seasonal demand trends.
  • Operating income was $35.4 million, a decrease of 53.8% compared to $76.8 million for the second quarter of last year.
  • Results for the second quarter of fiscal 2024 included a charge of $32.7 million, or $1.12 per share, attributable to the loss on repurchase of a significant portion of our 2025 convertible senior notes.

ISC Reports Record Revenue and Adjusted EBITDA in its Financial Results for 2023

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수요일, 3월 13, 2024
Government, Growth, Environment, Extension, Partnership, Third party, Line of credit, Acquisition, MD, TSX, ISC, Land registration, Registry, Information Services Corporation, ISO, Analysis, Deleveraging, Corporation, Cryptocurrency

Commenting on ISC’s results, Shawn Peters, President and CEO stated, “2023 was a year of many achievements for ISC.

Key Points: 
  • Commenting on ISC’s results, Shawn Peters, President and CEO stated, “2023 was a year of many achievements for ISC.
  • Strong adjusted EBITDA growth in all operating segments drove the increase in net income during the quarter.
  • Revenue was a record $214.5 million for the year ended December 31, 2023, an increase of 13 per cent compared to $189.9 million in 2022.
  • Adjusted EBITDA was a record $72.9 million for the year compared to $64.4 million last year.

LL Flooring Reports Fourth Quarter and Full Year 2023 Financial Results

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금요일, 3월 1, 2024
Interior Design, Architecture, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Social media, NPS, Traction, Ageing, LL, Transport, Pro, Deleveraging, Weakness, Advertising, Capital expenditure, GAAP, CRM, Credit, Environment, Pros

LL Flooring Holdings, Inc. (“LL Flooring” or “Company”) (NYSE: LL), a leading specialty retailer of hard and soft surface flooring in the U.S., today announced financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • LL Flooring Holdings, Inc. (“LL Flooring” or “Company”) (NYSE: LL), a leading specialty retailer of hard and soft surface flooring in the U.S., today announced financial results for the fourth quarter and year ended December 31, 2023.
  • Operating margin loss increased 170 basis points to 8.3% compared to the fourth quarter of last year.
  • Adjusted operating margin loss1 increased 550 basis points to 8.6% compared to the fourth quarter of last year.
  • Loss per Diluted Share increased $0.09 to $0.62 compared to the fourth quarter of last year.

Climate transition risk in the banking sector: what can prudential regulation do?

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토요일, 2월 17, 2024
Working, RWE, Workshop, N2O, Climate, DD, Policy, CES, Macroeconomics, Research Papers in Economics, University, Deleveraging, A.6, PFC, A.7, AWI, Canadian International Council, FRB, Paper, RTF, NX, Household, Economy, Carbon, BTI, Central bank, Classification, Lit, Capital, UH, Government, Parameter, Q54, Credit, Social science, Constantine Dafermos, Simons Foundation, PD, LE, Investment, Part, A.4, AA, A.5, PB, Section 2, Probability, E61, Um, LCI, COVID-19, Coronavirus, Financial regulation, Equation, MCI, Control Engineering (magazine), Environment, CIT, Bank of England, GSF, Directorate, Shock, Relaxation, European Central Bank, DP, Abstract, PTI, DPF, Face, AWB, DSGE, Website, Calibration, Prudential, Ben Bernanke, Climate change, Macroprudential regulation, Money, CRRA, Bank, LH, Methodology, HCI, RF, D58, BK, European Commission, Risk, Biophysical environment, NF3, NCDF, CO2, Acquisition, JEL, Sustainability, American wire gauge, QT, Journal of Financial Stability, BCBS, CSS, Motion, ECB, HFC, RT, CTH, Exercise, Tax, European Parliament, Literature, Qi, Reproduction, LGD, KT, European Green Deal, SF6, Council, DT, FOC, Journal, LG, RSS, EPF, University of Poitiers, UI, ESG, CC, Internalization, CH4, PDF, DTH, RTÉ, Communications satellite
Key Points: 

    Renesas to Acquire PCB Design Software Leader Altium to Make Electronics Design Accessible to Broader Market and Accelerate Innovation

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    수요일, 2월 14, 2024
    Hardware, Electronic Design Automation, Semiconductor, Security, Data Management, Manufacturing, Consumer Electronics, Technology, Audio, Video, General Automotive, Automotive, Software, Networks, Internet, Engineering, Acquisition, Electronics, Overalls, Scheme, Deleveraging, ASX, Digitalization, Ecosystem, Altium Designer, ECAD, Hand, PCB, ALU, VWAP, Video game

    The current electronics system design flow is a complicated and iterative process that involves multiple stakeholders and design steps, from component selection and evaluation to simulation and PCB physical design.

    Key Points: 
    • The current electronics system design flow is a complicated and iterative process that involves multiple stakeholders and design steps, from component selection and evaluation to simulation and PCB physical design.
    • The company has grown into a global market leader with the most popular PCB software tool in use today.
    • With the addition of the world’s first digital platform for design and realization of electronics hardware, Altium 365, Altium’s leading PCB design software creates seamless collaboration across the entire PCB design process.
    • In June 2023, Renesas announced that it had standardized development of all PCB design on the Altium 365 cloud-based platform from Altium.

    2U Reports Results for Fourth Quarter and Full-Year 2023

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    월요일, 2월 12, 2024
    Acquisition, Student, Forecasting, Annual report, Marketing, Health, Growth, Exercise, Deleveraging, Data science, Accounting, University, GAAP, 2U, Tax, Public expenditure, EdX, Net, FCE, University of Birmingham, Bank statement, Depreciation, Partnership, Management

    LANHAM, Md., Feb. 12, 2024 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), a leading online education platform company, today reported financial and operating results for the quarter and full-year ended December 31, 2023.

    Key Points: 
    • LANHAM, Md., Feb. 12, 2024 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), a leading online education platform company, today reported financial and operating results for the quarter and full-year ended December 31, 2023.
    • "I am proud to lead 2U through the next chapter of its journey," said Paul Lalljie, Chief Executive Officer of 2U.
    • Costs and expenses for the quarter totaled $278.2 million, a 21% increase from $230.6 million in the fourth quarter of 2022.
    • Fourth quarter costs and expenses included $62.8 million of non-cash impairment charges to goodwill for which the company did not have a corresponding expense in the fourth quarter of 2022.

    Capri Holdings Limited Announces Third Quarter Fiscal 2024 Results

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    목요일, 2월 8, 2024
    Jewelry, Fashion, Luxury, Retail, Footwear, CPRI, Deleveraging, E-commerce, Capri Holdings, Growth, COVID-19, GAAP, Calendar, Database, Name, Fiscal, Versace, Bank statement, ERP, Multimedia, DNA, Total

    Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced its financial results for the third quarter of Fiscal 2024 ended December 30, 2023.

    Key Points: 
    • Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced its financial results for the third quarter of Fiscal 2024 ended December 30, 2023.
    • Management expects inventory levels to remain below prior year in the fourth quarter of fiscal 2024.
    • On an annual basis, Capri Holdings continues to expect to generate strong free cash flow, in line with historical levels.
    • Given the pending merger transaction of Capri Holdings Limited by Tapestry, Inc., the Company does not intend to provide financial guidance.

    Hain Celestial Reports Fiscal Second Quarter 2024 Financial Results

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    수요일, 2월 7, 2024
    Pillar, EPS, Growth, Hain Celestial Group, Table, GAAP, Adjustment, Marketing, Investment, Stock, Q&A, Deleveraging, HAIN, ID, Security (finance)

    HOBOKEN, N.J., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Hain Celestial Group (Nasdaq: HAIN), a leading manufacturer of better-for-you brands to inspire healthier living, today reported financial results for the fiscal second quarter ended December 31, 2023.

    Key Points: 
    • HOBOKEN, N.J., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Hain Celestial Group (Nasdaq: HAIN), a leading manufacturer of better-for-you brands to inspire healthier living, today reported financial results for the fiscal second quarter ended December 31, 2023.
    • Total debt at the end of the fiscal second quarter was $809.2 million down from $828.7 million at the beginning of the fiscal year.
    • Net debt at the end of the fiscal second quarter was $755.6 million compared to $775.4 million at the beginning of the fiscal year.
    • Hain Celestial will host a conference call and webcast today at 8:00 AM EST to discuss its results and business outlook.

    Malibu Boats, Inc. Announces Second Quarter Fiscal 2024 Results

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    화요일, 1월 30, 2024
    GAAP, Saline water, Regulation, Information technology, Adjustment, Marketing, Deleveraging, Regulation S-K, Webcast, Cryptocurrency

    Operating income for the second quarter of fiscal year 2024 decreased to $14.7 million from $48.7 million in the second quarter of fiscal year 2023.

    Key Points: 
    • Operating income for the second quarter of fiscal year 2024 decreased to $14.7 million from $48.7 million in the second quarter of fiscal year 2023.
    • Net income for the second quarter of fiscal year 2024 decreased 72.1% to $10.1 million from $36.4 million and net income margin decreased to 4.8% from 10.7% in the second quarter of fiscal year 2023.
    • Adjusted EBITDA in the second quarter of fiscal year 2024 decreased 60.2% to $22.9 million from $57.6 million, while Adjusted EBITDA margin decreased to 10.9% from 17.0% in the second quarter of fiscal year 2023.
    • The Company will host a webcast and conference call to discuss second quarter of fiscal year 2024 results on Tuesday, January 30, 2024, at 8:30 a.m. Eastern Time.