Regulation S-K

Hims & Hers Health, Inc. Reports Third Quarter 2023 Financial Results and Raises Full Year 2023 Outlook

Retrieved on: 
Monday, November 6, 2023
Mental Health, Women, Men, Health Technology, Telemedicine, Virtual Medicine, Health, Consumer, Pharmaceutical, General Health, Adjustment, Regulation S-K, EBITDA, Hers, Table, GAAP, Hims & Hers Health, Regulation, Video game, Bookkeeping, Beauty salon

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

Key Points: 
  • Gross margin was 83% for the third quarter of 2023 compared to 79% for the third quarter of 2022.
  • Net loss was $(7.6) million for the third quarter of 2023 compared to $(18.8) million for the third quarter of 2022.
  • Adjusted EBITDA was $12.3 million for the third quarter of 2023 compared to $(6.1) million for the third quarter of 2022.
  • Hims & Hers will host a conference call to review the third quarter 2023 results on November 6, 2023, at 5:00 p.m.

Janus International Group Reports Record Third Quarter 2023 Financial Results

Retrieved on: 
Monday, November 6, 2023
Other Construction & Property, Manufacturing, Commercial Building & Real Estate, Construction & Property, Building Systems, Other Manufacturing, NYSE, Regulation, EBITDA, Regulation S-K, Growth, JBI, Investment, International Marxist Group, Renewable energy, Video game, Janus, New-construction building commissioning

Janus International Group, Inc. (NYSE: JBI) (“Janus” or the “Company”), a leading provider of cutting-edge access control technologies and building product solutions for the self-storage and other commercial and industrial sectors, today announced financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Janus International Group, Inc. (NYSE: JBI) (“Janus” or the “Company”), a leading provider of cutting-edge access control technologies and building product solutions for the self-storage and other commercial and industrial sectors, today announced financial results for the third quarter ended September 30, 2023.
  • Adjusted Net Income per diluted share of $0.27, a 22.7% increase compared to $0.22 per diluted share in the prior year quarter.
  • Quarter-end net leverage ratio of 1.8x – a decrease of 1.5x from the third quarter of 2022 and 0.3x from the second quarter of 2023.
  • See “Forward-Looking Statements.” The Company has excluded a quantitative reconciliation with respect to the Company’s 2023 guidance under the “unreasonable efforts” exception in Item 10(e)(1)(i)(B) of Regulation S-K. See "Non-GAAP Financial Measures" below for additional information.

FIGS Releases Third Quarter 2023 Financial Results, Raises Full Year Guidance and Adds New Independent Director to Board

Retrieved on: 
Thursday, November 2, 2023
Hospitals, Specialty, Catalog, Other Health, Fashion, Managed Care, General Health, Health, Retail, Online Retail, IPO, NYSE, International, Regulation, Public expenditure, EBITDA, Regulation S-K, GAAP, TEAMS, Growth, Marketing, American Airlines Group, Regulate... G Funk Era, Webcast, Income tax, Retirement, Depreciation, CFO, Finance, Investment, Pharmaceutical industry, Security (finance), Bookkeeping, Bank, Management, Cryptocurrency, FIGS

Net income, as adjusted(2) was $6.3 million and diluted earnings per share, as adjusted(2) was $0.03.

Key Points: 
  • Net income, as adjusted(2) was $6.3 million and diluted earnings per share, as adjusted(2) was $0.03.
  • Active customers(3) as of September 30, 2023 increased 19.6% to 2.6 million.
  • “We are pleased with our third quarter performance and to be raising our full year guidance,” said Trina Spear, Chief Executive Officer and Co-founder.
  • Mr. Marte joins the Board as an independent director and has also been appointed to the Board’s Audit Committee.

STAGWELL INC. (NASDAQ: STGW) REPORTS RESULTS FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2023

Retrieved on: 
Thursday, November 2, 2023
Cloud, Adjustment, Science, Sale, Mover, Social media, Regulation, EBITDA, Face, Regulation S-K, Stagwell, Common stock, LTM, Growth, Common, Marketing, Employment, Webcast, Shakers, YTD, Video game, Pharmaceutical industry, Bookkeeping, Music, Holding company, Security (finance), Q3

"We are already growing in key areas like media and international and made adjustments to again achieve a 19% margin on net revenue."

Key Points: 
  • "We are already growing in key areas like media and international and made adjustments to again achieve a 19% margin on net revenue."
  • 2023 financial guidance is as follows:
    Guidance assumes no impact from foreign exchange, acquisitions or dispositions.
  • Management will host a video webcast on Thursday, November 2, 2023, at 8:30 a.m. (ET) to discuss results for Stagwell Inc. for the three and nine months ended September 30, 2023.
  • Led by entrepreneurs, our 13,000+ specialists in 34+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients.

Ecovyst Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, November 2, 2023
Car, NYSE, Regulation, Appendix, Gasoline, Metal, Financial result, EBITDA, Telephone, United Chemical Company, Carbon, Conference, GAAP, Maintenance, Domínguez, Sulfur, UAW, Nature, Regulation S-K, Growth, Polyethylene, Regeneration, Mineral, Hand, ABL, Forecasting, Catalyst Technologies, Uncertainty, Acceleration, Chemical, Bookkeeping, Oil, Car rental, Bank, Fine chemical

MALVERN, Pa., Nov. 2, 2023 /PRNewswire/ -- Ecovyst Inc. (NYSE: ECVT) ("Ecovyst" or the "Company"), a leading integrated and innovative global provider of specialty catalysts and services, today reported results for the third quarter ended September 30, 2023.

Key Points: 
  • MALVERN, Pa., Nov. 2, 2023 /PRNewswire/ -- Ecovyst Inc. (NYSE: ECVT) ("Ecovyst" or the "Company"), a leading integrated and innovative global provider of specialty catalysts and services, today reported results for the third quarter ended September 30, 2023.
  • "Given the challenging and evolving macroeconomic environment, we are pleased with Ecovyst's results for the third quarter of 2023 as they reflect positive pricing and stable demand fundamentals across the majority of our end uses.
  • Sales for the quarter ended September 30, 2023 were $173.3 million, compared to $232.5 million in the third quarter of 2022.
  • On Thursday, November 2, 2023, Ecovyst management will review the third quarter results during a conference call and audio-only webcast scheduled for 11:00 a.m. Eastern Time.

Blackbaud Announces 2023 Third Quarter Results

Retrieved on: 
Tuesday, October 31, 2023
Ratio, Insurance, Policy, Good, Community foundation, Computer security incident management, Regulation, Public expenditure, BLKB, Item, Rule, EBITDA, Regulation S-K, News, Expected, GAAP, Acquisition, Software, Capital expenditure, Consultant, CFO, Hawai, Video game, Cryptocurrency, Pharmaceutical industry, Bank, Risk management, Medical device, Blackbaud

CHARLESTON, S.C., Oct. 31, 2023 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today announced financial results for its third quarter ended September 30, 2023.

Key Points: 
  • Revenue Growth Accelerating; Operating Discipline Contributes to Another Quarter of Margin Expansion; Rule of 40 Target Achieved Earlier than Expected
    CHARLESTON, S.C., Oct. 31, 2023 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today announced financial results for its third quarter ended September 30, 2023.
  • "We produced very strong results in the third quarter," said Mike Gianoni, president and CEO, Blackbaud.
  • Third Quarter 2023 Results Compared to Third Quarter 2022 Results:
    GAAP total revenue was $277.6 million, up 6.2%, with $269.0 million in GAAP recurring revenue, up 7.9%.
  • As of September 30, 2023, Blackbaud had approximately $250 million remaining under its common stock repurchase program that was authorized in December 2021.

MaxLinear, Inc. Announces Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, October 25, 2023
Networks, Internet, Hardware, Engineering, Technology, Semiconductor, Manufacturing, Mobile, Wireless, Research, Risk, Security (finance), Silicon, Government, Regulation, Item, Conference, GAAP, Motion, Intellectual property, Acquisition, Bank statement, Silicon Motion, Environment, Regulation S-K, Growth, MXL, Consultant, Annual report, Investment, Stock dilution, Failure, SECURE Act, Mobile phone, Video game, Bank, Risk management, Bookkeeping, Wi-Fi, MaxLinear

MaxLinear, Inc. (Nasdaq: MXL), a leading provider of radio frequency (RF), analog, digital and mixed-signal integrated circuits, today announced financial results for the third quarter ended September 30, 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 third quarter ended September 30, 2023.
  • Non-GAAP income from operations was 5% of net revenue, compared to 16% in the prior quarter, and 34% in the year-ago quarter.
  • Non-GAAP diluted earnings per share was $0.02, compared to $0.34 in the prior quarter, and $1.05 in the year-ago quarter.
  • MaxLinear will host its third quarter financial results conference call today, October 25, 2023 at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).

United Rentals Announces Record Third Quarter Results and Reaffirms Its Full-Year 2023 Guidance

Retrieved on: 
Wednesday, October 25, 2023
Architecture, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Building Systems, Renting, Tax, Regulation, Public expenditure, Item, EBITDA, Share repurchase, GAAP, Acquisition, OEC, Bank statement, Regulation S-K, EPS, Depreciation, United Rentals, Table, Capital, Retail, Video game, Bookkeeping

Net income for the quarter increased 16.0% year-over-year to a third quarter record of $703 million, while net income margin declined 120 basis points to 18.7%.

Key Points: 
  • Net income for the quarter increased 16.0% year-over-year to a third quarter record of $703 million, while net income margin declined 120 basis points to 18.7%.
  • Adjusted EBITDA for the quarter increased 21.6% year-over-year to a third quarter record of $1.850 billion, while adjusted EBITDA margin decreased 80 basis points to 49.1%.
  • On a pro forma basis, third quarter adjusted EBITDA margin increased 20 basis points year-over-year, including the impact of ongoing integration costs.
  • General rentals segment rental revenue increased 18.8% year-over-year, including the impact of the Ahern Rentals acquisition, to a third quarter record of $2.307 billion.

Digital Ally Appoints New Member of the Board of Directors

Retrieved on: 
Tuesday, October 17, 2023
Regulation S-K, Acquisition, Fortune 500, 2019 Digital Ally 250, DGLY, Growth, Person, SPAC, Grant, Regulation, Security (finance)

LENEXA, KS., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (the “Company”) (Nasdaq: DGLY), today announced that the Board of Directors (the “Board”) of the Company appointed D. Duke Daughtery as a member of the Board, effective immediately, to hold office until the next meeting of shareholders of the Company at which directors are being elected or as set forth in the Company’s bylaws.

Key Points: 
  • LENEXA, KS., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (the “Company”) (Nasdaq: DGLY), today announced that the Board of Directors (the “Board”) of the Company appointed D. Duke Daughtery as a member of the Board, effective immediately, to hold office until the next meeting of shareholders of the Company at which directors are being elected or as set forth in the Company’s bylaws.
  • Mr. Daughtery was instrumental in the significant growth of Grant Thornton’s Kansas City audit practice.
  • There are no other arrangements or understandings between Mr. Daughtery and any other persons pursuant to which he was appointed as a member of the Board.
  • There are also no family relationships between any of the Company’s directors or officers and Mr. Daughtery.

HOWARD HUGHES HOLDINGS INC. APPOINTS ELENA VERBINSKAYA CHIEF ACCOUNTING OFFICER

Retrieved on: 
Tuesday, October 3, 2023
Disclosure, Finance, Certified Public Accountant, HHH, Accountant, Regulation S-K, Fellow, NYSE, Far East, Regulation, Management, Accounting

HOUSTON, Oct. 3, 2023 /PRNewswire/ -- Howard Hughes Holdings Inc. (NYSE: HHH) ("the Company" or "Howard Hughes") announced today that Elena Verbinskaya has been appointed Chief Accounting Officer and designated Principal Accounting Officer for the Company, responsible for overseeing accounting and financial reporting across the Company's national portfolio.

Key Points: 
  • HOUSTON, Oct. 3, 2023 /PRNewswire/ -- Howard Hughes Holdings Inc. (NYSE: HHH) ("the Company" or "Howard Hughes") announced today that Elena Verbinskaya has been appointed Chief Accounting Officer and designated Principal Accounting Officer for the Company, responsible for overseeing accounting and financial reporting across the Company's national portfolio.
  • Verbinskaya joined Howard Hughes in 2023 as Executive Vice President of Accounting.
  • Prior to joining Howard Hughes, she served as Vice President of Financial Reporting and Accounting Integration at IPSCO Tubulars Inc., a North American division of TMK Group.
  • "Since joining Howard Hughes, Elena has proven to be a tremendous asset to the Company and will help us continue to achieve our financial goals in her role as Chief Accounting Officer," said Carlos A. Olea, Chief Financial Officer for Howard Hughes.