Forecasting

Redwire Corporation Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, March 14, 2024

Revenues for the fourth quarter of 2023 increased 18.2% to $63.5 million, as compared to $53.7 million for the fourth quarter of 2022.

Key Points: 
  • Revenues for the fourth quarter of 2023 increased 18.2% to $63.5 million, as compared to $53.7 million for the fourth quarter of 2022.
  • Comparable Revenues4 for the fourth quarter of 2023 increased 15.5% to $48.6 million, as compared to $42.0 million for the fourth quarter of 2022.
  • Book-to-bill3 ratio for the fourth quarter of 2023 was 2.81, as compared to 3.74 as of the fourth quarter of 2022.
  • ET on Friday, March 15, 2024 to review financial results for the fourth quarter and full year ended December 31, 2023.

InfuSystem Announces Operational and Financial Results for Fourth Quarter and Full Year 2023

Retrieved on: 
Thursday, March 14, 2024

Gross profit for the fourth quarter of 2023 of $16.7 million increased $1.2 million, or 8%, from $15.5 million for the fourth quarter of 2022.

Key Points: 
  • Gross profit for the fourth quarter of 2023 of $16.7 million increased $1.2 million, or 8%, from $15.5 million for the fourth quarter of 2022.
  • Selling and marketing expenses for the fourth quarter of 2023 were $3.7 million, representing an increase of $0.8 million, or 25%, as compared to the fourth quarter of 2022.
  • General and administrative (“G&A”) expenses for the fourth quarter of 2023 were $11.5 million, an increase of 3% from $11.2 million for the fourth quarter of 2022.
  • The Company will conduct a conference call for all interested investors on March 14, 2024, at 9:00 a.m. Eastern Time to discuss its fourth quarter and full year 2023 financial results.

New IDC Spending Guide Forecasts Edge Computing Investments Will Reach $232 Billion in 2024

Retrieved on: 
Thursday, March 14, 2024

According to a new forecast from the International Data Corporation ( IDC ) Worldwide Edge Spending Guide , combined enterprise and service provider spending across hardware, software, professional services, and provisioned services for edge solutions will sustain strong growth through 2027 when spending will reach nearly $350 billion.

Key Points: 
  • According to a new forecast from the International Data Corporation ( IDC ) Worldwide Edge Spending Guide , combined enterprise and service provider spending across hardware, software, professional services, and provisioned services for edge solutions will sustain strong growth through 2027 when spending will reach nearly $350 billion.
  • "Edge computing will play a pivotal role in the deployment of AI applications," said Dave McCarthy , research vice president, Cloud and Edge Services at IDC.
  • In the service provider industry, investments for edge services delivery is built on infrastructure spending for multi-access edge computing (MEC), content delivery networks, and virtual network functions.
  • The IDC Worldwide Edge Spending Guide quantifies the edge computing market by forecasting enterprise and service provider spending across 22 technology markets, six technology domains, 19 enterprise industries, and nine geographic regions.

Hong Kong Hotels Market Statistics Report 2023: Size by Rooms (Total, Occupied, Available), Revenues, Customer Type (Business and Leisure), Hotel Categories (Budget, Midscale, Upscale, Luxury) - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 13, 2024

The "Hong Kong Hotels Market Size by Rooms (Total, Occupied, Available), Revenues, Customer Type (Business and Leisure), Hotel Categories (Budget, Midscale, Upscale, Luxury), and Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Hong Kong Hotels Market Size by Rooms (Total, Occupied, Available), Revenues, Customer Type (Business and Leisure), Hotel Categories (Budget, Midscale, Upscale, Luxury), and Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
  • The report acts as an essential tool for companies active or plans to venture in to Hong Kong's Hotels business.
  • Analysis of the Room Occupancy Rate, Rooms Nights Available and Occupied and total Number of Hotel Establishments & Rooms.
  • Analytics on Revenue stream - Total Revenue, Room & Non-Room Revenue, Revenue per Available and Occupied Room and Total Revenue per Available Room by Hotel Category & Customer Type.

Marine Corps Exchange Embarks on a Global ERP and Inventory Management Transformation with Jesta I.S. and the Cloud

Retrieved on: 
Wednesday, March 13, 2024

is thrilled to announce that Marine Corps Community Services (MCCS) has selected Jesta I.S.’s foundational Merchandising ERP for the digital transformation of its Marine Corps Exchange (MCX) stores, totalling more than 160 worldwide.

Key Points: 
  • is thrilled to announce that Marine Corps Community Services (MCCS) has selected Jesta I.S.’s foundational Merchandising ERP for the digital transformation of its Marine Corps Exchange (MCX) stores, totalling more than 160 worldwide.
  • The modern architecture of Jesta’s Merchandising ERP will also help MCX realize resilient cloud operations and facilitate the adaptability of future technology enhancements.
  • Currently headquartered in Quantico, VA, the Marine Corps Exchange was founded in 1897 with the opening of the first store at the Marine Barracks in Boston, MA.
  • “With Jesta’s Merchandising ERP, the foundation of Jesta’s Vision Retail Management Suite, the Marine Corps Exchange has obtained robust capabilities to unify enterprise data, which ensures data integrity.

Vbrick Achieves Strong Financial Momentum, Propelling Growth and Success in 2023

Retrieved on: 
Thursday, March 14, 2024

Vbrick , the leading enterprise video solutions provider, announced today that its sales and financial performance in 2023 exceeded both company expectations and industry comparables.

Key Points: 
  • Vbrick , the leading enterprise video solutions provider, announced today that its sales and financial performance in 2023 exceeded both company expectations and industry comparables.
  • In so doing, Vbrick management believes the company is well-positioned to continue such momentum through 2024 and beyond.
  • View the full release here: https://www.businesswire.com/news/home/20240313674772/en/
    “The second half of 2023 was a particularly strong period for Vbrick,” said Chairman and CEO, Paul Sparta.
  • Vbrick’s strong performance and growth stand in stark contrast to that of our legacy competitors who are experiencing negative or flat growth and are forecasting more of the same.

Salient Unveils Next-Generation Weather Forecasting Model to Transform Risk Management

Retrieved on: 
Wednesday, March 13, 2024

Salient Predictions , the leader in S2S weather forecasting and insights, announced the launch of a cutting-edge model upgrade and application.

Key Points: 
  • Salient Predictions , the leader in S2S weather forecasting and insights, announced the launch of a cutting-edge model upgrade and application.
  • "With the unveiling of our enhanced S2S forecasting platform, we're setting a new standard in weather intelligence, offering decision-makers the tools to not only survive but thrive in the face of extreme weather events,” stated Janet Lee , Chief Product Officer at Salient.
  • According to Climate.gov , the United States experienced 28 weather and climate disasters in 2023, each costing over $1 billion and surpassing previous records.
  • Zurich Santander (ZS), a global insurance leader, collaborates with Salient to provide customers with weather-related risk insights, promoting wellbeing and climate resilience.

dataroomHQ Launches Free Forecast and Headcount Planning Offering

Retrieved on: 
Wednesday, March 20, 2024

This free offering provides business leaders with a deeper understanding of their full financial plan so they can move faster while enabling them to reach sustainable growth.

Key Points: 
  • This free offering provides business leaders with a deeper understanding of their full financial plan so they can move faster while enabling them to reach sustainable growth.
  • Companies are suffering from an inability to create flexible strategic plans that are actionable based on leading indicators – this is where dataroomHQ Planning comes in.
  • dataroomHQ Planning, a solution within the dataroomHQ Platform, is designed to solve for forecasting challenges, helping organizations prepare for every future scenario by generating forecast and headcount planning alongside historical metrics.
  • “We encourage all our companies to use dataroomHQ and work with Jeff.”
    Get started with dataroomHQ Planning for free today: https://www.dataroomhq.com/planning

Katana Technologies Launches Inventory Planning and Forecasting Solution

Retrieved on: 
Tuesday, March 12, 2024

Katana Technologies, a fast-growth inventory software solutions for small and medium-sized businesses (SMBs), today announced the launch of its Inventory Planning and Forecasting (PAF) solution, revolutionizing the landscape of inventory management for SMBs with data-driven forecasting capabilities to always meet customer demand.

Key Points: 
  • Katana Technologies, a fast-growth inventory software solutions for small and medium-sized businesses (SMBs), today announced the launch of its Inventory Planning and Forecasting (PAF) solution, revolutionizing the landscape of inventory management for SMBs with data-driven forecasting capabilities to always meet customer demand.
  • Katana’s new solution expands its existing inventory management features to allow for forecasting and demand planning, keeping SMBs one step ahead of stockouts.
  • “I'm proud to unveil Katana's Inventory Planning and Forecasting solution, a game-changer for SMBs,” said Kristjan Vilosius, CEO and founder of Katana Technologies.
  • For more information about Katana's new Inventory Planning and Forecasting solution, visit https://katanamrp.com/features/planning-and-forecasting/ .

reAlpha Tech Corp. Announces Financial Results for the Transition Period ended December 31, 2023 and Provides Business Update

Retrieved on: 
Tuesday, March 12, 2024

reAlpha Tech Corp. (“reAlpha,” “Company,” “us,” “we” or “our”) (Nasdaq: AIRE), a real estate technology company focused on developing, utilizing and commercializing real estate-focused artificial intelligence (“AI”) technologies, today provides a business update and reports financial results for the eight month period ended December 31, 2023.

Key Points: 
  • reAlpha Tech Corp. (“reAlpha,” “Company,” “us,” “we” or “our”) (Nasdaq: AIRE), a real estate technology company focused on developing, utilizing and commercializing real estate-focused artificial intelligence (“AI”) technologies, today provides a business update and reports financial results for the eight month period ended December 31, 2023.
  • Recent strategic and operational highlights during the transition period ended December 31, 2023 include:
    Listed on the Nasdaq Capital Market (“Nasdaq”) under the ticker symbol “AIRE” on October 23, 2023.
  • Revenue for the eight months ended December 31, 2023 was $121,690, compared to $284,666 for the eight months ended December 31, 2022.
  • For the transition period ended December 31, 2023 and the fiscal year ended April 30, 2023, we did not have any restructuring expenses or non-recurring acquisition-related compensation expenses.