Performance

AvidXchange Announces First Quarter 2024 Financial Results

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수요일, 5월 8, 2024
Table, Investment, Entrepreneurship, AP, Automation, Bank statement, Performance, GAAP, Growth, Video game

“We continued our streak of delivering standout financial results with our first quarter 2024 being no exception, marking 11 consecutive quarters of surpassing internal expectations. Given the volatile macro backdrop, which has continued to impact transaction volumes, we are utilizing all the levers that help us counterbalance those impacts, resulting in strong growth, gross margin and adjusted EBITDA margin performance. With the market for accounts payable and payments automation for middle market companies estimated at $40 billion, we believe our differentiated value proposition positions us well to capitalize on the trend toward digital transformation of the back office given our breadth of verticals, depth of integrations, competitive strength and our proprietary two-side network. Furthermore, we believe the investments we are making in innovation, new products and integration partnerships -- both launched and in the pipeline -- provide a long runway for growth and profits,” said Michael Praeger, Chief Executive Officer & Co-Founder of AvidXchange.  

Key Points: 
  • First Quarter 2024 Financial Highlights:
    Total revenue was $105.6 million, an increase of 21.6% year-over-year, compared with $86.8 million in the first quarter of 2023.
  • First Quarter 2024 Key Business Metrics and Highlights:
    Total transactions processed in the first quarter of 2024 were 19.3 million, an increase of 5.8% from 18.3 million in the first quarter of 2023.
  • Total payment volume in the first quarter of 2024 was $19.9 billion, an increase of 12.0% from $17.7 billion in the first quarter of 2023.
  • Transaction yield in the first quarter of 2024 was $5.47, an increase of 14.9% from $4.76 in the first quarter of 2023.

David Cox Joins TNG as Senior Partner, Expanding Firm's Expertise in Organizational Performance and Cultural Transformation

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화요일, 5월 7, 2024
Professional Services, Consulting, Stanford University, TNG, Strategic management, McKinsey & Company, Dynamic capabilities, Performance, Electricity, Postgraduate education, Business, Performance improvement, Entrepreneurship, Computer, BRG, Multimedia, MBA, Organization, Growth, Partnership, Management

“I am excited to embark upon this new chapter with TNG. The opportunity to contribute to such a talented and dynamic firm is an honor, and I look forward to collaborating with our clients to create lasting, positive change,” said David Cox. He then added, “Very few consulting firms have the capability, not to mention willingness, to engage in the 'messy', people-centric aspects of organizational transformation -- the team at TNG is the best I've ever seen.”

Key Points: 
  • TNG Partners, a distinguished consulting firm known for its innovative approach to organizational transformation and leadership development, today announced that David Cox is joining the team as a Senior Partner.
  • Cox, a seasoned executive and trusted advisor with a track record of enabling sustained transformation, will bring his extensive experience to TNG’s diverse clientele.
  • View the full release here: https://www.businesswire.com/news/home/20240507324734/en/
    David Cox joins TNG as Senior Partner (Photo: Business Wire)
    “We are thrilled to welcome David to our leadership team,” said Dan Tocchini, Co-founder and Senior Partner at TNG.
  • David Cox holds an MBA from the Graduate School of Business at Stanford University and a BS in Electrical & Computer Engineering with Highest Honors from UT Austin.

BCE reports first quarter 2024 results

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목요일, 5월 2, 2024
Churn, Sale, Internet, Virgin Plus, TSN, NAS, Quaternary, Radio, Internet of things, News, Advertising, Population growth, Crave, Rationalization, SAM, Depreciation, ARPU, The Source, IPTV, Postpaid mobile phone, Human, Super Bowl LVIII, Public expenditure, Communication, Bell Canada, Bell, Acquisition, EPS, Workforce, CRTC, Bell Fibe TV, Performance, BCE, RDS, Bell Media, Growth, Mobile phone

"BCE's Q1 results demonstrate that we're on the right path forward as we head further into 2024," said Curtis Millen, Chief Financial Officer of BCE and Bell Canada.

Key Points: 
  • "BCE's Q1 results demonstrate that we're on the right path forward as we head further into 2024," said Curtis Millen, Chief Financial Officer of BCE and Bell Canada.
  • Mobile connected device net activations were down 6.1% to 66,406 in Q1 2024, despite more connected car subscriptions and fewer data device deactivations, due to lower consumer and business IoT activations, which can fluctuate from quarter to quarter.
  • BCE's Board of Directors has declared a quarterly dividend of $0.9975 per common share, payable on July 15, 2024 to shareholders of record at the close of business on June 14, 2024.
  • BCE confirmed its financial guidance targets for 2024, as provided on February 8, 2024, as follows:

COGNIZANT REPORTS FIRST QUARTER 2024 RESULTS

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수요일, 5월 1, 2024
Cloud, Cognizant, PEAK, AI, FCC, Google Cloud, Partnership, Facet, HFS, Intelligence, Shopify, Culture, Fortune (magazine), NVIDIA, Intellectual property, Drug discovery, GAAP, Telstra, Fraud, Machine learning, LexisNexis, Health, Airline, Workforce, FICO, Performance, IDC, Nextgen, ServiceNow, Doctor of Philosophy, Insurance, Pon Holdings, Artificial intelligence, Assessment, Engineering, Automation, First officer (aviation), Microsoft, EPS, CPG, Science, Patient, Acquisition, CNO, Share repurchase, Telecommunications, Adjustment, Growth

The Company repurchased 1.4 million shares for $110 million during the first quarter under its share repurchase program.

Key Points: 
  • The Company repurchased 1.4 million shares for $110 million during the first quarter under its share repurchase program.
  • In April 2024, the Company declared a quarterly cash dividend of $0.30 per share for shareholders of record on May 20, 2024.
  • The conference call will also be available live on the Investor Relations section of the Cognizant website at http://investors.cognizant.com .
  • An earnings supplement will also be available on the Cognizant website at the time of the conference call.

Republic Services, Inc. Reports First Quarter 2024 Results

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화요일, 4월 30, 2024
RSG, Republic Services, Total, Investment, Sustainability, Digital, EPS, Performance, Recycling, Organization, Growth

"Continued pricing in excess of cost inflation generated double-digit growth in EBITDA and EPS, and expanded EBITDA margin by more than 100 basis points.

Key Points: 
  • "Continued pricing in excess of cost inflation generated double-digit growth in EBITDA and EPS, and expanded EBITDA margin by more than 100 basis points.
  • Solid execution by our 42,000 team members and investments in our differentiating capabilities — Customer Zeal, Digital and Sustainability — continue to produce positive results, and support our ability to deliver ongoing profitable growth."
  • The Company's average recycled commodity price per ton sold at our recycling centers during the first quarter was $153.
  • Republic was recognized by several leading organizations during the quarter, including:
    Republic previously announced that its Board of Directors declared a regular quarterly dividend of $0.535 per share for shareholders of record on July 2, 2024.

Quantum Electrodynamics and Ibogaine: Enhancing Work Performance

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일요일, 4월 21, 2024
Environment, Performance, Ibogaine, Anxiety, Patient, Depression, Telescope

MIAMI, April 21, 2024 (GLOBE NEWSWIRE) -- Ibogaine By David Dardashti, a leader in the field of ibogaine therapy, is introducing a more effective and efficient way to enhance work performance with the help of quantum electrodynamics.

Key Points: 
  • MIAMI, April 21, 2024 (GLOBE NEWSWIRE) -- Ibogaine By David Dardashti, a leader in the field of ibogaine therapy, is introducing a more effective and efficient way to enhance work performance with the help of quantum electrodynamics.
  • Ibogaine By David Dardashti is utilizing electromagnetism and quantum electrodynamics to enhance the power of ibogaine treatment for those seeking to increase their work performance.
  • “The timing of ibogaine treatments can be made even more effective with the help of quantum electrodynamics,” claims Dardashti.
  • Ibogaine By David Dardashti utilizes electromagnetism, quantum electrodynamics, and astronomical cycles to create an optimized and effective ibogaine treatment experience to increase work productivity.

Verit Advisors® Employees to Present at NCEO Conference

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수요일, 4월 17, 2024
Education, Process, KeyBank, LLP, Intersection, Performance, Advisory board, Conference, ESCA, NCEO, Engineering, ESOP, Employee stock ownership, Holland & Knight, Mergers and acquisitions, Most, Woman, Strategic planning, Management

Chicago, IL, April 17, 2024 (GLOBE NEWSWIRE) -- Mary Josephs and Jake Cravens of Verit Advisors® will present at the 2024 Annual Employee Ownership Conference in Tampa, Florida April 29 through May 1, 2024 hosted by the National Center for Employee Ownership (NCEO) .

Key Points: 
  • Chicago, IL, April 17, 2024 (GLOBE NEWSWIRE) -- Mary Josephs and Jake Cravens of Verit Advisors® will present at the 2024 Annual Employee Ownership Conference in Tampa, Florida April 29 through May 1, 2024 hosted by the National Center for Employee Ownership (NCEO) .
  • This conference provides education about best practices and industry trends in employee ownership.
  • Jake Cravens, Managing Director, Verit Advisors®, will be the session leader for “Successfully Raising Financing for an ESOP” on Tuesday, April 30 at 10:00 AM.
  • The presentations made to lenders play a fundamental role in launching the business and ensuring the ESOP's long-term success.

BrandywineGLOBAL - Global Income Opportunities Fund Inc. (BWG or “the Fund”; CUSIP: 10537L104) Announces Notification of Sources of Distributions

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수요일, 5월 1, 2024
Asset Management, Professional Services, Finance, Performance, Franklin Templeton Investments, NAV, Annual, Total return, Policy, Fund

Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.

Key Points: 
  • Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.
  • The Annualized Distribution Rate is the current fiscal period’s distribution rate annualized as a percentage of the Fund’s NAV as of March 31, 2024.
  • Cumulative Total Return is the percentage change in the Fund’s NAV from October 31, 2023 through March 31, 2024, assuming reinvestment of distributions paid.
  • Opportunities Fund Inc., please visit our web site at:
    Data and commentary provided in this press release are for informational purposes only.

LMP Capital and Income Fund Inc. (SCD or “the Fund”; CUSIP: 50208A102) Announces Notification of Sources of Distributions

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수요일, 5월 1, 2024
Banking, Professional Services, Finance, Franklin Templeton Investments, Annual, Policy, Performance, NAV, Fund, LMP, Total return

Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.

Key Points: 
  • Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.
  • The Annualized Distribution Rate is the current fiscal period’s distribution rate annualized as a percentage of the Fund’s NAV as of March 31, 2024.
  • Distributions may be paid in part or in full from net investment income, realized capital gains and by returning capital, or a combination thereof.
  • A return of capital is not taxable; rather it reduces a shareholder’s tax basis in his or her shares of the Fund.

Western Asset Emerging Markets Debt Fund Inc. (EMD or “the Fund”; CUSIP: 95766A101) Announces Notification of Sources of Distributions

Retrieved on: 
수요일, 5월 1, 2024
Banking, Professional Services, Finance, Performance, Franklin Templeton Investments, NAV, Annual, Total return, Policy, Fund

Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.

Key Points: 
  • Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.
  • The Annualized Distribution Rate is the current fiscal period’s distribution rate annualized as a percentage of the Fund’s NAV as of March 31, 2024.
  • Cumulative Total Return is the percentage change in the Fund’s NAV from December 31, 2023 through March 31, 2024, assuming reinvestment of distributions paid.
  • For further information on Western Asset Emerging Markets Debt Fund Inc., please visit our web site at:
    Data and commentary provided in this press release are for informational purposes only.