Average cost

Track Group Reports 2nd Quarter Fiscal 2024 Financial Results

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tisdag, maj 14, 2024

NAPERVILLE, Ill., May 14, 2024 (GLOBE NEWSWIRE) -- Track Group, Inc. (OTCQB: TRCK), a global leader in offender tracking and monitoring services, today announced financial results for its fiscal quarter ended March 31, 2024 (“Q2 FY24”).

Key Points: 
  • NAPERVILLE, Ill., May 14, 2024 (GLOBE NEWSWIRE) -- Track Group, Inc. (OTCQB: TRCK), a global leader in offender tracking and monitoring services, today announced financial results for its fiscal quarter ended March 31, 2024 (“Q2 FY24”).
  • Total Q2 FY24 revenue of $9.0M was up 8% compared to Q2 FY23 revenue of $8.3M.
  • Gross Profit of $4.0M rose by 6% ($0.2M) in Q2 FY24 compared to Q2 FY23.
  • “In the quarter ending March 31, 2024, we demonstrated a return to growth in revenue and gross profit, surpassing Q2 FY23.

Atlantic American Corporation Reports First Quarter Results for 2024

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tisdag, maj 14, 2024

ATLANTA, May 14, 2024 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq- AAME) today reported net loss of $2.0 million, or ($0.10) per common share, in the first quarter of 2024 compared to net loss of $1.4 million, or ($0.08) per common share, in the first quarter of 2023.

Key Points: 
  • ATLANTA, May 14, 2024 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq- AAME) today reported net loss of $2.0 million, or ($0.10) per common share, in the first quarter of 2024 compared to net loss of $1.4 million, or ($0.08) per common share, in the first quarter of 2023.
  • Premium revenue for the three month period ended March 31, 2024 decreased $1.5 million, or 3.4%, to $44.6 million from $46.1 million in the three month period ended March 31, 2023.
  • Its principal insurance subsidiaries are American Southern Insurance Company, American Safety Insurance Company, Bankers Fidelity Life Insurance Company, Bankers Fidelity Assurance Company and Atlantic Capital Life Assurance Company.
  • Note regarding non-GAAP financial measure: Atlantic American Corporation presents its consolidated financial statements in accordance with U.S. generally accepted accounting principles (GAAP).

Chase Home Lending Offers Financial and Educational Resources for Homebuyers; Increases Closing Guarantee to $20,000

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torsdag, maj 16, 2024

Chase is helping to educate prospective buyers on the ins and outs of the home purchase process, homeownership and everything in between.

Key Points: 
  • Chase is helping to educate prospective buyers on the ins and outs of the home purchase process, homeownership and everything in between.
  • The Chase Closing Guarantee commits to an on-time closing in as soon as three weeks or eligible customers get $20,000.
  • Then, Chase will close the loan on or before the contract closing date or pay the buyer $20,000.
  • Chase continues to offer a full suite of digital tools to support buyers on the path to homeownership, including Chase MyHome .

Tivic Reports First Quarter 2024 Financial Results and Subsequent Events

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onsdag, maj 15, 2024

Tivic Health® Systems, Inc. (“Tivic”, Nasdaq: TIVC), a health tech company that develops and commercializes bioelectronic medicine, today announced its first quarter 2024 financial results with discussion of subsequent events.

Key Points: 
  • Tivic Health® Systems, Inc. (“Tivic”, Nasdaq: TIVC), a health tech company that develops and commercializes bioelectronic medicine, today announced its first quarter 2024 financial results with discussion of subsequent events.
  • On May 8, 2024, the Company announced the final results of their pilot research study with The Feinstein Institutes for Medical Research at Northwell Health.
  • The company’s MD&A and consolidated financial statements for the quarter ended March 31, 2024 will be filed with the Securities and Exchange Commission on May 15, 2024 with the company’s Quarterly Report on Form 10-Q.
  • Management will host a webcast/conference call on Wednesday, May 15, 2024, at 1:30 PM PT / 4:30 PM ET to discuss the company’s first quarter 2024 financial results and provide a business update, including comments on the direction the company is heading in 2024.

indie Semiconductor Reports First Quarter 2024 Results

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torsdag, maj 9, 2024

indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced first quarter results for the period ended March 31, 2024.

Key Points: 
  • indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced first quarter results for the period ended March 31, 2024.
  • On a GAAP basis, first quarter 2024 operating loss was $49.6 million compared to $37.0 million a year ago.
  • Non-GAAP operating loss for the first quarter of 2024 was $17.2 million, versus $16.8 million during the same period last year.
  • First quarter 2024 GAAP loss per share was $0.19, while Non-GAAP loss per share was $0.10.

Cambium Networks Reports First Quarter 2024 Financial Results

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torsdag, maj 9, 2024

GAAP gross margin for the first quarter 2024 was 20.5%, compared to 51.2% for the first quarter 2023, and (27.4%) for the fourth quarter 2023.

Key Points: 
  • GAAP gross margin for the first quarter 2024 was 20.5%, compared to 51.2% for the first quarter 2023, and (27.4%) for the fourth quarter 2023.
  • GAAP operating loss for the first quarter 2024 was $21.0 million, compared to operating income of $5.6 million for the first quarter 2023, and operating loss of $41.6 million for the fourth quarter 2023.
  • Non-GAAP operating loss for the first quarter 2024 was $16.7 million, compared to non-GAAP operating income of $9.4 million for the first quarter 2023, and a non-GAAP operating loss of $36.4 million for the fourth quarter 2023.
  • Cambium Networks' financial outlook does not include the potential impact of any possible future financial transactions, acquisitions, pending legal matters, or other transactions.

EQS-News: ADTRAN Holdings, Inc. reports first quarter 2024 financial results

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fredag, maj 10, 2024

— May 06, 2024 — ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) (“ADTRAN Holdings” or the “Company”) today announced its unaudited financial results for the first quarter of 2024.

Key Points: 
  • — May 06, 2024 — ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) (“ADTRAN Holdings” or the “Company”) today announced its unaudited financial results for the first quarter of 2024.
  • GAAP net loss attributable to the Company for the first quarter of 2024, including the above mentioned impairment charge, was $324.6 million.
  • Non-GAAP net loss attributable to the Company for the first quarter of 2024 was $1.7 million.
  • ADTRAN Holdings’ Chairman and Chief Executive Officer Tom Stanton stated, "First quarter revenue and profitability came in as expected, with the weakness still impacting our results.

EQS-News: Adtran Networks SE announces results for Q1 2024

Retrieved on: 
fredag, maj 10, 2024

2 Q1 2024 including EUR 3.7 million, Q4 2023 including EUR 7.8 million, Q1 2023 including EUR 1.6 million extraordinary expenses

Key Points: 
  • 2 Q1 2024 including EUR 3.7 million, Q4 2023 including EUR 7.8 million, Q1 2023 including EUR 1.6 million extraordinary expenses
    3 Q1 2024 including EUR 53.2 million, Q4 2023 including EUR 52.8 million, Q1 2023 including EUR 0 million financial liabilities to Adtran Holdings, Inc.. Q1 2024 furthermore including EUR 4.8 million and Q4 2023 including EUR 13.3 million financial liabilities due to the consideration of a new receivables purchasing program
    Revenue in Q1 2024 was down 7.5% to EUR 109.6 million from EUR 118.5 million in Q4 2023 and was also down 38.9% compared to EUR 179.4 million in Q1 2023.
  • Pro forma gross profit in Q1 2024 was down 16.3% to EUR 39.7 million (36.3% of revenues) from EUR 47.5 million (40.1% of revenues) in Q4 2023 and decreased by 31.9% from EUR 58.4 million (32.5% of revenues) in Q1 2023.
  • Operating loss increased from EUR 1.1 million in Q4 2023 to EUR 8.8 million in Q1 2024 and from an operating income of EUR 6.2 million in Q1 2023.
  • Net loss was EUR 1.2 million in Q1 2024, compared to a net loss of EUR 22.7 million in Q4 2023 and to a net income of EUR 3.6 million in Q1 2023.

VALHI REPORTS FIRST QUARTER 2024 RESULTS

Retrieved on: 
torsdag, maj 9, 2024

The Chemicals Segment’s net sales of $478.8 million in the first quarter of 2024 were $52.5 million, or 12%, higher than in the first quarter of 2023.

Key Points: 
  • The Chemicals Segment’s net sales of $478.8 million in the first quarter of 2024 were $52.5 million, or 12%, higher than in the first quarter of 2023.
  • The Chemicals Segment’s TiO2 sales volumes were 28% higher in the first quarter of 2024 as compared to the first quarter of 2023.
  • Average TiO2 selling prices were 11% lower in the first quarter of 2024 as compared to the first quarter of 2023.
  • TiO2 production volumes were 15% higher in the first quarter of 2024 compared to the first quarter of 2023.

AvePoint Announces First Quarter 2024 Financial Results

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torsdag, maj 9, 2024

JERSEY CITY, N.J., May 09, 2024 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ: AVPT), a global leader in robust data management and data governance, today announced financial results for the first quarter ended March 31, 2024. 

Key Points: 
  • First quarter SaaS revenue of $51.3 million, representing 44% year-over-year growth
    First quarter Total revenue of $74.5 million, representing 25% year-over-year growth
    Total ARR of $274.5 million, representing 23% year-over-year growth
    JERSEY CITY, N.J., May 09, 2024 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ: AVPT), a global leader in robust data management and data governance, today announced financial results for the first quarter ended March 31, 2024.
  • Gross Profit: GAAP gross profit was $54.1 million, compared to $41.7 million for the first quarter of 2023.
  • For the second quarter of 2024, the Company expects:
    Total revenues of $73.8 million to $75.8 million, or year-over-year growth of 15% at the midpoint.
  • AvePoint will host a conference call today, May 9, 2024, to review its first quarter 2024 financial results and to discuss its financial outlook.