Regulation S-K

FIGS Releases Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, February 28, 2024
Fashion, Nursing, Medical Supplies, Retail, Health, Manufacturing, Textiles, CFO, International, FTI Consulting, Interim management, Certified Public Accountant, Regulation, Accounting, AOV, Marketing, Growth, Retirement, Square, Entrepreneurship, Interim, Income tax, GAAP, Arthur Andersen, Webcast, Public expenditure, LLP, Regulation S-K, Insurance, Depreciation, KPMG

FIGS, Inc. (NYSE: FIGS) (the “Company”), the direct-to-consumer apparel and lifestyle brand dedicated to the healthcare community, today released its fourth quarter and full year 2023 financial results and published a financial highlights presentation on its investor relations website at ir.wearfigs.com/financials/quarterly-results/ .

Key Points: 
  • FIGS, Inc. (NYSE: FIGS) (the “Company”), the direct-to-consumer apparel and lifestyle brand dedicated to the healthcare community, today released its fourth quarter and full year 2023 financial results and published a financial highlights presentation on its investor relations website at ir.wearfigs.com/financials/quarterly-results/ .
  • Net income margin(2) was 6.9%, as compared to 2.3% in the same period last year.
  • We are taking swift action to rebuild momentum and reignite the word of mouth flywheel that has driven our success as a digital brand.
  • ET to discuss the Company’s financial and business results and outlook.

ATSG Reports Fourth Quarter and Full-Year 2023 Results

Retrieved on: 
Monday, February 26, 2024
Transport, Air, Aircraft, Regulation S-K, Depreciation, Regulation, Item, A321-200, Tax, PIN, ATSG, Investment, Airbus, Form 10-K, Air Transport Services Group, Crew, Boeing 767, Table, ACMI, Projection, Vâlcele, Covasna, CMI, Earnings, GAAP, Boeing, Public expenditure, EPS, Airline

Flying for the U.S. military decreased throughout the quarter, and fewer leased Boeing 767-200 freighters in service continued to affect results at our leasing segment.

Key Points: 
  • Flying for the U.S. military decreased throughout the quarter, and fewer leased Boeing 767-200 freighters in service continued to affect results at our leasing segment.
  • For the fourth quarter and full year, interest expense increased by $6 million and $17 million, respectively.
  • Revenue block hours for ATSG's airlines decreased 4% for the fourth quarter and 1% for 2023 over 2022.
  • ATSG will host an investor conference call on Tuesday, February 27, 2023, at 10 a.m. Eastern Time to review its financial results for fourth quarter and full year 2023, and its outlook for 2024.

Hims & Hers Health, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Monday, February 26, 2024
Health, Consumer, Women, Other Health, General Health, Men, Pharmaceutical, Regulation S-K, Hers, Table, Regulation, GAAP, Adjustment, Video game

Gross margin was 83% for the fourth quarter of 2023 compared to 79% for the fourth quarter of 2022.

Key Points: 
  • Gross margin was 83% for the fourth quarter of 2023 compared to 79% for the fourth quarter of 2022.
  • Net income was $1.2 million for the fourth quarter of 2023 compared to a net loss of $(10.9) million for the fourth quarter of 2022.
  • Adjusted EBITDA was $20.6 million for the fourth quarter of 2023 compared to $3.9 million for the fourth quarter of 2022.
  • Free Cash Flow was $10.8 million for the fourth quarter of 2023 compared to $(9.3) million for the fourth quarter of 2022.

Ecovyst Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 28, 2024
Storm, Regulation S-K, Regeneration, Regulation, Forecasting, Investment, Mining, Mineral, Natural gas, Gasoline, Growth, Index, Nature, Adjustment, Carbon, Appendix, GAAP, Metal, Catalysis, Plastic, Uncertainty, ABL, Hand

Ecovyst results reflect continuing operations for the Ecoservices and Advanced Materials & Catalysts businesses, renamed from Refining Services and Catalysts Technologies, respectively.

Key Points: 
  • Ecovyst results reflect continuing operations for the Ecoservices and Advanced Materials & Catalysts businesses, renamed from Refining Services and Catalysts Technologies, respectively.
  • Sales for the quarter ended December 31, 2023 were $172.8 million, compared to $182.8 million in the fourth quarter of 2022.
  • Fourth quarter 2023 sales for Ecoservices were $141.4 million, compared to $159.8 million in the fourth quarter of 2022.
  • On Wednesday, February 28, 2024, Ecovyst management will review the fourth quarter results during a conference call and audio-only webcast scheduled for 11:00 a.m. Eastern Time.

STAGWELL INC. (NASDAQ: STGW) REPORTS RESULTS FOR THE THREE AND TWELVE MONTHS ENDED DECEMBER 31, 2023

Retrieved on: 
Tuesday, February 27, 2024
Regulation, AI, Marketing, Around, Growth, Sale, Disclosure, Adjustment, Accenture, Webcast, LTM, FY, Regulation S-K, Science, Stagwell, Bank statement, Pharmaceutical industry

2024 promises to be a year of growth as Stagwell enters the political season and its AI and AR products come to market.

Key Points: 
  • 2024 promises to be a year of growth as Stagwell enters the political season and its AI and AR products come to market.
  • In Q4 we returned to sequential net revenue growth, sold a non-core asset for significantly above our initial investment, and saw our tech company clients begin to re-engage."
  • Management will host a video webcast on Tuesday, February 27, 2024, at 8:30 a.m. (ET) to discuss results for Stagwell Inc. for the year ended December 31, 2023.
  • Led by entrepreneurs, our specialists in 34+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients.

Blackbaud Announces 2023 Fourth Quarter and Full Year Results

Retrieved on: 
Monday, February 12, 2024
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CHARLESTON, S.C., Feb. 12, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today announced financial results for its fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Full Year 2023 Financial Results Met or Exceeded Financial Guidance Ranges; Blackbaud Announces Refreshed Capital Allocation Strategy
    CHARLESTON, S.C., Feb. 12, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today announced financial results for its fourth quarter and full year ended December 31, 2023.
  • "The fourth quarter concluded a year of substantial transformation for Blackbaud," said Mike Gianoni, president, CEO and vice chairman of the board, Blackbaud.
  • Fourth Quarter 2023 Results Compared to Fourth Quarter 2022 Results:
    GAAP total revenue was $295.0 million, up 7.4%, with $287.4 million in GAAP recurring revenue, up 8.4%.
  • "The fourth quarter demonstrated continued progress on our five-point operating plan, which has transformed our financial results," said Tony Boor, executive vice president and CFO, Blackbaud.

Malibu Boats, Inc. Announces Second Quarter Fiscal 2024 Results

Retrieved on: 
Tuesday, January 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.

Atkore Inc. Announces First Quarter 2024 Results

Retrieved on: 
Thursday, February 1, 2024
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Gross margin decreased to 36.4% for the three months ended December 29, 2023, as compared to 40.1% for the prior-year period.

Key Points: 
  • Gross margin decreased to 36.4% for the three months ended December 29, 2023, as compared to 40.1% for the prior-year period.
  • Adjusted EBITDA decreased by $50.3 million, or 19.1%, to $213.5 million for the three months ended December 29, 2023 compared to $263.8 million for the three months ended December 30, 2022.
  • On January 30, 2024, the Board of Directors of Atkore Inc. declared a quarterly cash dividend of $0.32 per share of common stock payable on March 15, 2024, to stockholders of record on February 27, 2024.
  • Atkore management will host a conference call today, February 1, 2024, at 8 a.m. Eastern time, to discuss the Company’s financial results.

MaxLinear, Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Wednesday, January 31, 2024
Networks, Internet, Hardware, Engineering, Technology, Semiconductor, Manufacturing, Mobile, Wireless, MXL, Item, Security (finance), Silicon Motion, Growth, GAAP, Regulation S-K, Failure, Consultant, Research, Government, Motion, Wi-Fi, Regulation, Intellectual property, Annual report, Investment, Privacy, Silicon, Acquisition, Bank statement, Risk, Conference, Bank

MaxLinear, Inc. (Nasdaq: MXL), a leading provider of radio frequency (RF), analog, digital and mixed-signal integrated circuits, today announced financial results for the fourth quarter and fiscal year ended December 31, 2023.

Key Points: 
  • MaxLinear, Inc. (Nasdaq: MXL), a leading provider of radio frequency (RF), analog, digital and mixed-signal integrated circuits, today announced financial results for the fourth quarter and fiscal year ended December 31, 2023.
  • Non-GAAP diluted earnings per share was $0.01, compared to $0.02 in the prior quarter, and $1.07 in the year-ago quarter.
  • MaxLinear will host its fourth quarter financial results conference call today, January 31, 2024 at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).
  • We currently expect that bonus awards under our fiscal 2023 program will be settled in common stock in the first quarter of fiscal 2024.

United Rentals Announces Record Fourth Quarter and Full-Year1 2023 Results, Introduces 2024 Outlook and Enhanced Capital Allocation Strategy, Including a Reduced Leverage Target, $1.5 Billion of Share Repurchases and 10% Increase to Dividend

Retrieved on: 
Wednesday, January 24, 2024
Architecture, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Building Systems, Income tax, Table, Bank statement, Regulation S-K, Analysis, OEC, Share repurchase, Public expenditure, Tax, GAAP, Acquisition, EPS, Regulation, Depreciation, Renting, Item, Bookkeeping

Net income for the quarter increased 6.3% year-over-year to $679 million, while net income margin decreased 120 basis points to 18.2%.

Key Points: 
  • Net income for the quarter increased 6.3% year-over-year to $679 million, while net income margin decreased 120 basis points to 18.2%.
  • Free cash flow excludes merger and restructuring related payments, which cannot be reasonably predicted for the 2024 outlook.
  • Adjusted EBITDA for the quarter increased 9.8% year-over-year to a fourth quarter record of $1.809 billion, while adjusted EBITDA margin decreased 150 basis points to 48.5%.
  • General rentals segment rental revenue increased 13.1% year-over-year, including the impact of the Ahern Rentals acquisition, to a fourth quarter record of $2.289 billion.