Revenue stream

HashiCorp Announces First Quarter of Fiscal Year 2025 Financial Results

Retrieved on: 
torsdag, maj 30, 2024
Cloud, HashiCorp, Investment, Revenue stream, IBM, SAN, Software as a service, RPO, ARR, GAAP, Table, HCP

Trailing four quarter average Net Dollar Retention Rate was 113% at the end of the first quarter of fiscal 2025 as compared to 127% at the end of first quarter of fiscal 2024.

Key Points: 
  • Trailing four quarter average Net Dollar Retention Rate was 113% at the end of the first quarter of fiscal 2025 as compared to 127% at the end of first quarter of fiscal 2024.
  • SAN FRANCISCO, May 30, 2024 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ: HCP), a leading provider of multi-cloud infrastructure automation software, today announced financial results for its first quarter of fiscal 2025, ended April 30, 2024.
  • HashiCorp ended the first quarter of fiscal 2025 with 4,558 customers, up from 4,423 customers at the end of the previous fiscal quarter, and up from 4,153 customers at the end of the first quarter of fiscal 2024.
  • Quarterly subscription revenue from HashiCorp Cloud Platform (HCP) reached $24.6 million in the first quarter of fiscal 2025, up from $21.3 million in the previous fiscal quarter and up from $16.5 million in the first quarter of fiscal 2024.

Nutanix Reports Third Quarter Fiscal 2024 Financial Results

Retrieved on: 
onsdag, maj 29, 2024
Data Management, Apps, Applications, Technology, Software, Networks, Artificial Intelligence, Internet, PIN, Nutanix, Income tax, Revenue stream, Bank statement, ARR, Acquisition, GAAP, Table, ACV, Webcast, Public expenditure, Interest, Life insurance

Supplementary materials to this press release, including our third quarter fiscal 2024 earnings presentation, can be found at https://ir.nutanix.com/financial/quarterly-results .

Key Points: 
  • Supplementary materials to this press release, including our third quarter fiscal 2024 earnings presentation, can be found at https://ir.nutanix.com/financial/quarterly-results .
  • Nutanix executives will discuss the Company’s third quarter fiscal 2024 financial results on a conference call today at 4:30 p.m. Eastern Time/1:30 p.m. Pacific Time.
  • We use these non-GAAP financial and key performance measures for financial and operational decision-making and as a means to evaluate period-to-period comparisons.
  • This press release also includes the following forward-looking non-GAAP financial measures as part of our fourth quarter fiscal 2024 outlook and/or our fiscal 2024 outlook: non-GAAP gross margin, non-GAAP operating margin, and free cash flow.

iLearningEngines Reports First Quarter 2024 Results

Retrieved on: 
torsdag, maj 16, 2024
Revenue stream, NDR, ARR, Adjustment

BETHESDA, Md., May 16, 2024 (GLOBE NEWSWIRE) -- iLearningEngines, Inc. (NASDAQ: AILE) (“iLearningEngines”, “ILE”, or “the Company”), a leader in AI-powered learning automation and information intelligence for corporate and educational use, today announced financial results for the first quarter ended March 31, 2024.

Key Points: 
  • Net loss driven entirely by one-time items; Company delivers increased non-GAAP profitability year-over-year excluding one-time items
    BETHESDA, Md., May 16, 2024 (GLOBE NEWSWIRE) -- iLearningEngines, Inc. (NASDAQ: AILE) (“iLearningEngines”, “ILE”, or “the Company”), a leader in AI-powered learning automation and information intelligence for corporate and educational use, today announced financial results for the first quarter ended March 31, 2024.
  • “The first quarter was a strong start to 2024,” said Harish Chidambaran, Chief Executive Officer of iLearningEngines.
  • Adjusted EBITDA margin expanded by approximately 480 basis points in the first quarter of 2024 compared to the first quarter of 2023.
  • First Quarter 2024 Unaudited Financial Summary & Operating Metrics (In millions, except percentages)

Udemy Appoints Rob Rosenthal as Chief Revenue Officer

Retrieved on: 
tisdag, maj 21, 2024
Technology, Human Resources, Professional Services, Software, Other Education, Internet, Training, Other Professional Services, Education, Workforce, Growth, Revenue stream, Adobe, Organization, SAP, Management

Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today announced it has appointed Rob Rosenthal as Chief Revenue Officer to lead Udemy Business, effective June 3, 2024.

Key Points: 
  • Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today announced it has appointed Rob Rosenthal as Chief Revenue Officer to lead Udemy Business, effective June 3, 2024.
  • Rosenthal will report directly to Udemy’s President and CEO, Greg Brown, and will oversee the entire Udemy Business team.
  • I am confident in Rob’s ability to expand Udemy’s market presence and capture the significant opportunity ahead of us.”
    Prior to joining Udemy, Rosenthal served as Chief Revenue Officer at Bloomreach, a global digital commerce company.
  • “Udemy is at an exciting inflection point with Annual Recurring Revenue approaching $500 million,” Rosenthal said.

Amplitude Announces First Quarter 2024 Financial Results

Retrieved on: 
torsdag, maj 9, 2024
Professional Services, Marketing, Data Management, Communications, Data Analytics, Technology, Software, Table, GAAP, Tax, ARR, Revenue stream, Ratio, Reinsurance

Stock-based compensation expense and the related employer payroll taxes were $22.3 million in the first quarter of 2024 compared to $20.9 million in the first quarter of 2023.

Key Points: 
  • Stock-based compensation expense and the related employer payroll taxes were $22.3 million in the first quarter of 2024 compared to $20.9 million in the first quarter of 2023.
  • The section titled "Non-GAAP Financial Measures" below contains a description of the non-GAAP financial measures and reconciliations between historical GAAP and non-GAAP information are contained in the tables below.
  • GAAP Net Loss per share was $0.18, based on 120.8 million shares, in the first quarter of 2024, compared to a loss of $0.23 per share, based on 114.4 million shares, in the first quarter of 2023.
  • For the second quarter and full year 2024, the Company expects:

Sunrun Reports First Quarter 2024 Financial Results

Retrieved on: 
onsdag, maj 8, 2024
Solar energy, ITC, VPP, Revenue stream, Record, PG&E, LUMA, Asset, Customer, CO2, Growth, Renewable energy

Customers grew 15% in the first quarter of 2024 compared to the first quarter of 2023.

Key Points: 
  • Customers grew 15% in the first quarter of 2024 compared to the first quarter of 2023.
  • Subscriber Value was $50,776 in the first quarter of 2024, a 15% increase compared to the first quarter of 2023.
  • Total revenue was $458.2 million in the first quarter of 2024, down $131.6 million, or 22%, from the first quarter of 2023.
  • Sunrun is hosting a conference call for analysts and investors to discuss its first quarter 2024 results and business outlook at 1:30 p.m. Pacific Time today, May 8, 2024.

Kneat Announces Record Revenue for First Quarter 2024

Retrieved on: 
onsdag, maj 8, 2024
KSI, ARR, Q&A, Depreciation, OTC, Computer, TSX, Revenue stream, Webcast, Software as a service, Life, Growth, Bank statement, Adjustment, Interest, Video game

Total revenues increased 35% to $10.8 million in the first quarter of 2024, compared to $8.0 million for the first quarter of 2023.

Key Points: 
  • Total revenues increased 35% to $10.8 million in the first quarter of 2024, compared to $8.0 million for the first quarter of 2023.
  • SaaS revenue for the first quarter of 2024 grew 52% to $9.7 million, versus $6.4 million for the first quarter of 2023.
  • EBITDA1 in the first quarter of 2024 was ($0.5) million, compared with ($0.6) million for the first quarter of 2023.
  • Adjusted EBITDA1 in the first quarter of 2024 was $0.6 million, compared with ($1.1) million for the first quarter of 2023.

Vertex Announces First Quarter 2024 Financial Results

Retrieved on: 
onsdag, maj 8, 2024
Cloud, Total, Risk, Depreciation, Traction, Revenue stream, Cloud computing, Chairperson, Acquisition, Adjustment, Vertex, GAAP, Bookkeeping

KING OF PRUSSIA, Pa., May 08, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ: VERX) (“Vertex” or the “Company”), a leading global provider of indirect tax solutions, today announced financial results for its first quarter ended March 31, 2024.

Key Points: 
  • KING OF PRUSSIA, Pa., May 08, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ: VERX) (“Vertex” or the “Company”), a leading global provider of indirect tax solutions, today announced financial results for its first quarter ended March 31, 2024.
  • For the second quarter of 2024, the Company currently expects:
    Revenues of $159 million to $162 million; and
    Adjusted EBITDA of $31 million to $33 million.
  • John Schwab, Chief Financial Officer added, “Our guidance for the second quarter reflects our continued confidence in our business.
  • Vertex will host a conference call at 8:30 a.m. Eastern Time today, May 8, 2024, to discuss its first quarter 2024 financial results.

ON24 Announces First Quarter 2024 Financial Results

Retrieved on: 
tisdag, maj 7, 2024
Marketing, Communications, Technology, Artificial Intelligence, Software, Table, ARR, Security, Depreciation, FY, Music, Revenue stream, Webcast, Forecasting, B2B, Pressure, Income tax, Adjustment, GAAP, Growth, Bank

ON24 (NYSE: ONTF), an intelligent engagement platform for B2B sales and marketing, today announced financial results for the first quarter ended March 31, 2024.

Key Points: 
  • ON24 (NYSE: ONTF), an intelligent engagement platform for B2B sales and marketing, today announced financial results for the first quarter ended March 31, 2024.
  • “In Q1, we continued to execute against our strategic and financial targets, delivering solid topline results and achieving our profitability targets for the fourth quarter in a row,” said Sharat Sharan, co-founder and CEO of ON24.
  • Free cash flow was $1.1 million for the quarter, compared to $(4.3) million in the first quarter of 2023.
  • For the second quarter of 2024, ON24 expects:
    Core Platform Revenue, including services, to be in the range of $35.0 million to $36.0 million.

Veritone Reports First Quarter 2024 Results

Retrieved on: 
tisdag, maj 7, 2024
Mobile, Wireless, Technology, Apps, Applications, Artificial Intelligence, Software, Entertainment, Prior, Advertising, Crawford Broadcasting, Veritone, Partnership, Federal, Revenue stream, NBCUniversal, Software as a service, Intelligence, Managed services, NBC, Universal, Synthetic media, Golf Magazine, Acquisition, Summit Media, Beasley Broadcast Group, Freedom, Pro forma, Sony Pictures, GAAP, Grabyo, Video game

In prior periods, we provided “Ending Software Customers,” which represented Software Products & Services customers as of the end of each fiscal quarter with trailing twelve-month revenues in excess of $2,400 for both Veritone, Inc. and PandoLogic Ltd. and/or deemed by Veritone to be under an active contract for the applicable periods.

Key Points: 
  • In prior periods, we provided “Ending Software Customers,” which represented Software Products & Services customers as of the end of each fiscal quarter with trailing twelve-month revenues in excess of $2,400 for both Veritone, Inc. and PandoLogic Ltd. and/or deemed by Veritone to be under an active contract for the applicable periods.
  • Financial Results for Three Months Ended March 31, 2024
    Delivered first quarter revenue of $31.6 million, an increase of $1.3 million or 4.3% from $30.3 million in the first quarter of 2023.
  • Veritone will hold a conference call to deliver management’s prepared remarks on Tuesday, May 7, 2024, at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss its first quarter 2024 results, provide an update on the business and conduct a question-and-answer session.
  • To participate, please join the audio webcast or dial-in and ask to be connected to the Veritone earnings conference call.