Financial Accounting Standards Board

Coterra Energy Reports Third-Quarter 2023 Results, Announces Quarterly Dividend

Retrieved on: 
Monday, November 6, 2023

Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today reported third-quarter 2023 financial and operating results.

Key Points: 
  • Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today reported third-quarter 2023 financial and operating results.
  • Additionally, the Company declared a quarterly dividend of $0.20 per share, provided fourth-quarter production and capital guidance, and updated full-year 2023 guidance.
  • Coterra published its 2023 Sustainability Report on November 6, 2023.
  • Coterra will host a conference call tomorrow, Tuesday, November 7, 2023, at 9:00 AM CT (10:00 AM ET), to discuss third-quarter 2023 financial and operating results.

Informatica Reports Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 1, 2023

Informatica (NYSE: INFA), an enterprise cloud data management leader, today announced financial results for its third quarter 2023, ended September 30, 2023.

Key Points: 
  • Informatica (NYSE: INFA), an enterprise cloud data management leader, today announced financial results for its third quarter 2023, ended September 30, 2023.
  • An explanation of these measures is also included below under the heading “Non-GAAP Financial Measures.”
    Third Quarter 2023 Business Highlights:
    Processed 71.3 trillion cloud transactions per month for the quarter ended September 30, 2023, compared to 44.5 trillion cloud transactions per month in the same quarter last year, an increase of 60% year-over-year.
  • On December 5, 2023, the Company will host its 2023 Investor Day in San Francisco at 1:00 p.m. PT.
  • Based on information available as of November 1, 2023, guidance for the fourth quarter 2023 is as follows:
    Fourth Quarter 2023 Ending December 31, 2023:
    GAAP Total Revenues are expected to be in the range of $420 million to $440 million, representing approximately 8% year-over-year growth at the midpoint of the range.

STAAR Surgical Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 1, 2023

STAAR Surgical Company (NASDAQ: STAA), a leading developer, manufacturer and marketer of the EVO family of Implantable Collamer® Lenses (ICL) for myopia, astigmatism and presbyopia, today reported financial results for the third quarter ended September 29, 2023.

Key Points: 
  • STAAR Surgical Company (NASDAQ: STAA), a leading developer, manufacturer and marketer of the EVO family of Implantable Collamer® Lenses (ICL) for myopia, astigmatism and presbyopia, today reported financial results for the third quarter ended September 29, 2023.
  • Other Product sales for the third quarter of 2023 were ($0.8) million compared to $4.1 million in the prior year quarter.
  • Gross profit margin for the third quarter of 2023 was 79.2% compared to the prior year quarter of 79.5%.
  • Operating expenses for the third quarter of 2023 were $57.3 million compared to the prior year quarter of $46.8 million.

Tradeweb Reports Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, October 26, 2023

Credit – Revenues of $90.1 million in the third quarter of 2023 increased 15.3% compared to prior year period (13.8% increase on a constant currency basis).

Key Points: 
  • Credit – Revenues of $90.1 million in the third quarter of 2023 increased 15.3% compared to prior year period (13.8% increase on a constant currency basis).
  • Credit ADV was up 2.1% from prior year period, as strong U.S. credit volumes reflected continued client adoption across Tradeweb protocols, including request-for-quote (RFQ), Tradeweb AllTrade® and portfolio trading.
  • Equities – Revenues of $20.9 million in the third quarter of 2023 decreased 1.8% compared to prior year period (4.8% decrease on a constant currency basis).
  • Tradeweb Markets will hold a conference call to discuss third quarter 2023 results starting at 9:30 AM EDT today, October 26, 2023.

CN Announces Third Quarter Results

Retrieved on: 
Tuesday, October 24, 2023

MONTREAL, Oct. 24, 2023 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today reported its financial and operating results for the third quarter ended September 30, 2023.

Key Points: 
  • MONTREAL, Oct. 24, 2023 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today reported its financial and operating results for the third quarter ended September 30, 2023.
  • (2)
    In January 2023, CN announced the Board's approval for a new normal course issuer bid permitting CN to purchase for cancellation, over a 12-month period, up to 32 million common shares.
  • CN reports its financial results in accordance with United States generally accepted accounting principles (GAAP).
  • CN assumes that the North American industrial production will increase by at least two percent CAGR over the next three years.

MarketAxess Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, October 25, 2023

Estimated price improvement2 delivered via Open Trading in the quarter was approximately $120 million and is $529 million year-to-date through September 2023.

Key Points: 
  • Estimated price improvement2 delivered via Open Trading in the quarter was approximately $120 million and is $529 million year-to-date through September 2023.
  • Employee headcount was 853 as of September 30, 2023, compared to 732 as of September 30, 2022 and 803 as of June 30, 2023.
  • Refer to “Non-GAAP financial measures and other items” for a discussion of changes made to the calculation of EBITDA beginning in the first quarter of 2023.
  • Starting with the first quarter of 2023, our calculation of EBITDA has been revised to adjust for interest income in addition to interest expense.

RBB Bancorp Declares Quarterly Cash Dividend of $0.16 Per Share

Retrieved on: 
Thursday, October 19, 2023

RBB Bancorp (NASDAQ: RBB ) and its subsidiaries, Royal Business Bank ("the Bank") and RBB Asset Management Company ("RAM"), collectively referred to herein as "the Company", announced that its Board of Directors has declared a quarterly cash dividend of $0.16 per share.

Key Points: 
  • RBB Bancorp (NASDAQ: RBB ) and its subsidiaries, Royal Business Bank ("the Bank") and RBB Asset Management Company ("RAM"), collectively referred to herein as "the Company", announced that its Board of Directors has declared a quarterly cash dividend of $0.16 per share.
  • The dividend is payable on November 10, 2023 to common shareholders of record as of October 30, 2023.
  • RBB Bancorp is a bank holding company headquartered in Los Angeles, California.
  • As of June 30, 2023, the Company had total assets of $4.1 billion.

RBB Bancorp Announces Termination of Agreement to Acquire Gateway Bank, F.S.B.

Retrieved on: 
Thursday, September 28, 2023

RBB Bancorp (NASDAQ:RBB) announced today that, effective September 28, 2023, Gateway Bank, F.S.B.

Key Points: 
  • RBB Bancorp (NASDAQ:RBB) announced today that, effective September 28, 2023, Gateway Bank, F.S.B.
  • announced that it and RBB Bancorp have mutually agreed to terminate the definitive agreement originally entered into on December 28, 2021.
  • RBB Bancorp is a community-based financial holding company headquartered in Los Angeles, California.
  • These forward-looking statements are subject to risks and uncertainties that could cause actual results, performance and/or achievements to differ materially from those projected.

BlackBerry Reports Second Quarter Fiscal Year 2024 Results

Retrieved on: 
Thursday, September 28, 2023

WATERLOO, ON, Sept. 28, 2023 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today reported financial results for the three months ended August 31, 2023 (all figures in U.S. dollars and U.S. GAAP, except where otherwise indicated).

Key Points: 
  • Non-GAAP basic loss per share of $0.04 and GAAP basic loss per share of $0.07.
  • WATERLOO, ON, Sept. 28, 2023 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today reported financial results for the three months ended August 31, 2023 (all figures in U.S. dollars and U.S. GAAP, except where otherwise indicated).
  • We expect a strong finish for IoT revenue this fiscal year, with the fourth quarter forecasted to be the strongest ever.
  • BlackBerry will discuss its outlook in connection with the quarterly earnings announcement further on its earnings conference call.

IBEX Announces Record Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Wednesday, September 13, 2023

WASHINGTON, Sept. 13, 2023 (GLOBE NEWSWIRE) -- IBEX Limited (“ibex”), a leading provider in global business process outsourcing and end-to-end customer engagement technology solutions, today announced financial results for its fourth quarter and fiscal year ended June 30, 2023.

Key Points: 
  • WASHINGTON, Sept. 13, 2023 (GLOBE NEWSWIRE) -- IBEX Limited (“ibex”), a leading provider in global business process outsourcing and end-to-end customer engagement technology solutions, today announced financial results for its fourth quarter and fiscal year ended June 30, 2023.
  • Fourth quarter revenue increased 0.7% to $124.4 million over the prior year quarter.
  • “In the face of a challenging macro-environment, ibex delivered outstanding financial results in fiscal year 2023,” said Bob Dechant, CEO of ibex.
  • IBEX Limited will host a conference call and live webcast to discuss its fourth quarter of fiscal year 2023 financial results at 4:30 p.m. eastern time today, September 13, 2023.