Regulation S-K

Synchronoss Technologies Reports Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Tuesday, March 7, 2023
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BRIDGEWATER, N.J., March 07, 2023 (GLOBE NEWSWIRE) -- Synchronoss Technologies Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in cloud, messaging, and digital products and platforms, today reported financial results for its fourth quarter and full year ended December 31, 2022.

Key Points: 
  • Fourth Quarter 2022 Financial Results:
    Results compare 2022 fiscal fourth quarter end (December 31, 2022) to 2021 fiscal fourth quarter end (December 31, 2021) unless otherwise indicated.
  • Cash and cash equivalents were $21.9 million at December 31, 2022, compared to $22.6 million at September 30, 2022 and $31.5 million at December 31, 2021.
  • Additionally the Company has yet to draw on the accounts receivable securitization agreement it entered into in the second quarter of 2022.
  • Results compare 2022 fiscal year end (December 31, 2022) to 2021 fiscal year end (December 31, 2021) unless otherwise indicated.

TDCX Reports 19.6% Revenue Growth for Full Year 2022

Retrieved on: 
Tuesday, March 7, 2023
Technology, Finance, Fintech, Other Technology, Electronic Commerce, Professional Services, Software, Data Analytics, Other Professional Services, Consultant, Adjustment, Webcast, Regulation, Acquisition, SG, Item, FX, Digital technology, EBITDA, Regulation S-K, Cryptocurrency

“Adjusted EBITDA margin” represents Adjusted EBITDA as a percentage of revenue.

Key Points: 
  • “Adjusted EBITDA margin” represents Adjusted EBITDA as a percentage of revenue.
  • 8 “New economy” refers to high growth industries that are on the cutting edge of digital technology and are the driving forces of economic growth.
  • We have not reconciled non-IFRS forward-looking revenue growth at constant currency to its most directly comparable IFRS measure, as permitted by Item 10(e)(1)(i)(B) of Regulation S-K.
  • TDCX senior management will host a conference call to discuss the fourth quarter 2022 unaudited financial results.

STAGWELL INC. (NASDAQ: STGW) REPORTS RESULTS FOR THE THREE MONTHS AND YEAR ENDED DECEMBER 31, 2022

Retrieved on: 
Thursday, March 2, 2023
Stagwell, EBITDA, EPS, Regulation, Science, Adjustment, Marketing, Repurchase agreement, Share repurchase, Growth, Common stock, AR, Regulation S-K, Music, Bookkeeping, Self storage, Pharmaceutical industry, Video game, Q4

NEW YORK, March 2, 2023 /PRNewswire/ -- (NASDAQ: STGW) – Stagwell Inc. ("Stagwell") today announced financial results for the three months and year ended December 31, 2022.

Key Points: 
  • "We look forward to another year of double-digit growth outside of our advocacy businesses in 2023, continuing our momentum."
  • Adjusted EBITDA margin as a percentage of net revenue rose to 21.1% for the quarter and 20.3% for the year as a result of careful cost management.
  • Management will host a video webcast and conference call on Thursday, March 2, 2023, at 8:30 a.m. (ET) to discuss results for Stagwell Inc. for the three months and year ended December 31, 2022.
  • An investor presentation has been posted on our website at www.stagwellglobal.com and may be referred to during the conference call.

Compass Diversified Reports Fourth Quarter and Full Year 2022 Financial Results

Retrieved on: 
Wednesday, March 1, 2023
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Paid a fourth quarter 2022 cash distribution of $0.25 per share on CODI's common shares in January 2023.

Key Points: 
  • Paid a fourth quarter 2022 cash distribution of $0.25 per share on CODI's common shares in January 2023.
  • Net sales in the fourth quarter of 2022 were $594.9 million, up 6% compared to $559.9 million in the fourth quarter of 2021.
  • Net loss in the fourth quarter of 2022 was $11.8 million compared to net income of $25.9 million in the fourth quarter of 2021.
  • CODI's weighted average number of shares outstanding in the fourth quarter of 2022 was 72.2 million compared to 66.6 million in the prior year fourth quarter.

FIGS Releases Fourth Quarter and Full Year 2022 Financial Results

Retrieved on: 
Tuesday, February 28, 2023
Nursing, Medical Supplies, Hospitals, Catalog, Practice Management, Fashion, Health, Retail, Footwear, Online Retail, Regulate... G Funk Era, Part II, EBITDA, Depreciation, ID, Mark Turenshine, Retirement, GAAP, Webcast, Growth, Income tax, CFO, International, Regulation S-K, Regulation, Bookkeeping, Bank

That is why we plan to keep investing while managing our business prudently through near term macro and cost challenges.

Key Points: 
  • That is why we plan to keep investing while managing our business prudently through near term macro and cost challenges.
  • “Net income, as adjusted,” “diluted earnings per share, as adjusted,” “adjusted EBITDA” and “adjusted EBITDA margin” are non-GAAP financial measures.
  • “Active customers,” “net revenues per active customer” and “average order value” are key operational and business metrics that are important to understanding the Company’s performance.
  • ET to discuss the Company’s financial and business results and outlook.

Flywire Reports Fourth Quarter and Fiscal-Year 2022 Financial Results

Retrieved on: 
Tuesday, February 28, 2023
Marketing, EBITDA, Depreciation, Foreign, Printing, Harbor, GAAP, Acquisition, Webcast, Tax, Bank statement, Sarbanes, CFO, Vii, Sarbanes–Oxley Act, Regulation, Regulation S-K, Adjustment, Bookkeeping, Cryptocurrency, Bank, Fly wire

The Company will host a conference call to discuss fourth quarter and fiscal-year 2022 financial results today at 5:00 pm ET.

Key Points: 
  • The Company will host a conference call to discuss fourth quarter and fiscal-year 2022 financial results today at 5:00 pm ET.
  • The Company reports its financial results in accordance with U.S. generally accepted accounting principles (“GAAP”).
  • Flywire uses non-GAAP financial measures to supplement financial information presented on a GAAP basis.
  • Flywire encourages you to review these reconciliations in conjunction with the presentation of the non-GAAP financial measures for each of the periods presented.

Ecovyst Reports Fourth Quarter 2022 Results

Retrieved on: 
Tuesday, February 28, 2023
Chemicals, Plastics, Other Manufacturing, Manufacturing, Storm, EBITDA, December 2022 North American winter storm, Carbon, Telephone, Transport, Forecasting, Catalysis, Gasoline, Hand, Growth, NYSE, Financial result, Uncertainty, Maintenance, GAAP, Mining, Appendix, Catalyst Technologies, Inc., ABL, Conference, Nature, Translation, Regulation, Regulation S-K, Mineral, Metal, Sulfur, Gold, Regeneration, Mobile phone, Reinsurance, Bookkeeping, Bank, Cryptocurrency, Security (finance), Fine chemical, Life insurance, Iron ore, Car rental

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 fourth quarter and full year ended December 31, 2022.

Key Points: 
  • 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 fourth quarter and full year ended December 31, 2022.
  • “The fourth quarter of 2022 was another quarter of solid financial performance for Ecovyst.
  • While the storm had a modest impact on fourth quarter 2022 financial results, we expect the majority of the maintenance and repair costs incurred will be realized in the first quarter of 2023.
  • On Tuesday, February 28, 2023, Ecovyst management will review the fourth quarter results during a conference call and audio-only webcast scheduled for 11:00 a.m. Eastern Time.

Rover Reports Fourth Quarter and Full Year 2022 Financial Results and Announces Share Repurchase Program

Retrieved on: 
Monday, February 27, 2023
Nature, Income tax, Item, GAAP, Regulation, Share repurchase, Regulation S-K, Investment, Ratio, Automotive industry, Rover

Rover anticipates revenue in the range of $205 - $215 million, a year-over-year increase of 21% at the midpoint of the projected range.

Key Points: 
  • Rover anticipates revenue in the range of $205 - $215 million, a year-over-year increase of 21% at the midpoint of the projected range.
  • Rover also announced that its board of directors has authorized a share repurchase program of up to $50 million of its Class A common stock.
  • The repurchase program does not obligate Rover to acquire any specific number of shares of its Class A common stock.
  • As of December 31, 2022, Rover had cash and cash equivalents and investments of approximately $273 million.

Bright Scholar Announces Appointment of Independent Director and Changes in Management

Retrieved on: 
Wednesday, February 22, 2023
SSE, Master of Business Administration, University, Global Association of Risk Professionals, Certified Financial Planner, Investment management, Government degree colleges in India, China Europe International Business School, Parkland, Bachelor of Commerce, NYSE, Economics, Commerce, Business administration, Oklahoma State University–Stillwater, Regulation, Regulation S-K, Research, University of International Relations, NN Group, SZSE, HKEX, Management, Limited

FOSHAN, China, Feb. 22, 2023 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar" or the "Company") (NYSE: BEDU), a global premier education service company, today announced appointment of an independent director to the board of directors of the Company (the "Board") and changes in its management.

Key Points: 
  • FOSHAN, China, Feb. 22, 2023 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar" or the "Company") (NYSE: BEDU), a global premier education service company, today announced appointment of an independent director to the board of directors of the Company (the "Board") and changes in its management.
  • The Company announced the appointment of Mr. Meng Rui as an independent director and the chairman of the audit committee of the Board.
  • Upon the effectiveness of Mr. Rui Meng's appointment, the Board consists of four directors, including two independent directors.
  • Bright Scholar thanks Ms. Wanmei Li for her efforts and contributions to the Company.

China XD Plastics Company Limited enters into a Stipulation and Agreement of Settlement

Retrieved on: 
Wednesday, February 15, 2023
Tripura Merger Agreement, Mergers and acquisitions, Regulation S-K, Professional Football Compensation Committee, Agreement, Compensation, Policy, Regulation, Plaintiff, Action, Audit, Reform, Settlement

Harbin, China, Feb. 15, 2023 (GLOBE NEWSWIRE) -- China XD Plastics Company Limited (the “Company”) today announced that on January 31, 2023, the Company entered into a Stipulation and Agreement of Settlement (“Stipulation”) with John Sheehy, Walter Aerts, and Larry Allen, on behalf of themselves and derivatively on behalf of the Company (collectively, the “Plaintiffs”), providing for the settlement of the direct and derivative claims brought by Plaintiffs on August 21, 2020 (collectively, the “Action”) in the State of Nevada District Court, Clark County (the “Court”).

Key Points: 
  • Harbin, China, Feb. 15, 2023 (GLOBE NEWSWIRE) -- China XD Plastics Company Limited (the “Company”) today announced that on January 31, 2023, the Company entered into a Stipulation and Agreement of Settlement (“Stipulation”) with John Sheehy, Walter Aerts, and Larry Allen, on behalf of themselves and derivatively on behalf of the Company (collectively, the “Plaintiffs”), providing for the settlement of the direct and derivative claims brought by Plaintiffs on August 21, 2020 (collectively, the “Action”) in the State of Nevada District Court, Clark County (the “Court”).
  • The Company is named Nominal Defendant in the Action.
  • However, Plaintiffs continued to assert the derivative claims for breaches of fiduciary duty in connection with the January 2020 Transaction.
  • The Company entered into the Stipulation without acknowledging any fault, liability, or wrongdoing of any kind, and there were no findings of any violations of the federal securities laws.