GAAP

Oxford: Owner of Tommy Bahama, Lilly Pulitzer and Johnny Was Reports Fourth-Quarter and Full-Year Fiscal 2023 Results; Posts 11% Annual Sales Growth; Announces 3% Increase in Quarterly Dividend

Retrieved on: 
Thursday, March 28, 2024
Employment, Growth, EPS, Lilly Pulitzer, Capital expenditure, Acquisition, Life, DTC, GAAP, Inventory, Video game

For the fourth quarter, full-price DTC sales were $265 million in fiscal 2023 compared to $258 million in the prior year fourth quarter.

Key Points: 
  • For the fourth quarter, full-price DTC sales were $265 million in fiscal 2023 compared to $258 million in the prior year fourth quarter.
  • Full-price e-commerce sales of $478 million increased $66 million, or 16% for the year, including a $53 million increase for Johnny Was.
  • Outlet sales of $73 million increased $7 million, or 10% for the year, including a $3 million increase for Johnny Was.
  • Capital expenditures in fiscal 2024 are expected to be approximately $200 million compared to $74 million in fiscal 2023.

Atour Lifestyle Holdings Limited Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results

Retrieved on: 
Thursday, March 28, 2024
PIN, RevPAR, Exchange, Disclosure, Bank statement, Investment, Depreciation, Marketing, Quarantine, Webcast, Public expenditure, Telephone, GAAP, Forecasting, Growth, ADR, COVID-19, Table, ADS, Government, Video game

Selling and marketing expenses for the fourth quarter of 2023 were RMB207 million (US$29 million), compared with RMB54 million for the same period of 2022.

Key Points: 
  • Selling and marketing expenses for the fourth quarter of 2023 were RMB207 million (US$29 million), compared with RMB54 million for the same period of 2022.
  • For full year 2023, selling and marketing expenses were RMB470 million (US$66 million), compared with RMB140 million for full year 2022.
  • Technology and development expenses for the fourth quarter of 2023 were RMB22 million (US$3 million), compared with RMB16 million for the same period of 2022.
  • Other operating income for the fourth quarter of 2023 was RMB40 million (US$6 million), compared with RMB7 million for the same period of 2022.

American Oncology Network, Inc. (“AON”) Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, March 28, 2024
AON, Growth, International, Change Healthcare, Business analyst, Disclosure, Adjustment, Investment, Depreciation, GAAP, Eastern Time Zone

Todd Schonherz, AON chief executive officer, commented, “As a leadership team, we are very proud of our growth and accomplishments in 2023.

Key Points: 
  • Todd Schonherz, AON chief executive officer, commented, “As a leadership team, we are very proud of our growth and accomplishments in 2023.
  • This was highlighted by our transition in the fourth quarter to our new enterprise revenue cycle platform.
  • The decrease in revenue per encounter results from $20.7 million of non-recurring incremental accounts receivable reserves associated with transitioning from a legacy billing system to a new system in the fourth quarter of 2023.
  • Adjusted EBITDA was $5.0 million for the fourth quarter of 2023, as compared to $8.0 million for the fourth quarter of 2022, a decrease of $3.0 million, primarily due to higher drug costs.

Agile Therapeutics Reports Fourth Quarter & Full Year 2023 Financial Results and Provides Corporate Update

Retrieved on: 
Thursday, March 28, 2024
OTC Markets Group, Failure, Conference, Birth, Growth, Exercise, Table, Agile, Net, Woman, OTC, Therapy, GAAP, Administration, FDA, COGS, Clothing

Net revenue for the fourth quarter 2023 was $3.6 million, a 46% decrease from the third quarter 2023 net revenue of $6.7 million.

Key Points: 
  • Net revenue for the fourth quarter 2023 was $3.6 million, a 46% decrease from the third quarter 2023 net revenue of $6.7 million.
  • For the fourth quarter 2023, Twirla demand was 68,793 total cycles, a 7% decrease from the 74,325 total cycles reported for the third quarter 2023.
  • For the fourth quarter 2023, Twirla factory sales were 68,580 total cycles, an 8% decrease from the 74,424 total cycles reported for the third quarter 2023.
  • Fourth quarter 2023 operating expenses were $5.5 million, a decrease of 33% from the $8.2 million for the third quarter 2023.

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Amylyx Pharmaceuticals, Inc. (AMLX)

Retrieved on: 
Thursday, March 28, 2024
ALS, Patient, GPM, Defendant, News, Suite, Investment, GAAP, Court, Pharmaceutical industry

You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.

Key Points: 
  • You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.
  • On November 9, 2023, Amylyx released its third quarter 2023 financial results, missing GAAP earnings per share consensus estimates by approximately 29%.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
  • Glancy Prongay & Murray LLP, Los Angeles

Celcuity Inc. Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Corporate Update

Retrieved on: 
Wednesday, March 27, 2024
Research, Fulvestrant, Prostate cancer, Entrepreneurship, Disease, Webcast, Patient, Sale, G&A, CELC, Investment, GAAP, Breast cancer, PIK3CA, PAM, Pharmaceutical industry

Unless otherwise stated, all comparisons are for the fourth quarter and full year ended December 31, 2023, compared to the fourth quarter and full year ended December 31, 2022.

Key Points: 
  • Unless otherwise stated, all comparisons are for the fourth quarter and full year ended December 31, 2023, compared to the fourth quarter and full year ended December 31, 2022.
  • Total operating expenses were $19.7 million for the fourth quarter of 2023, compared to $11.6 million for the fourth quarter of 2022.
  • Net cash used in operating activities for the fourth quarter of 2023 was $18.5 million, compared to $9.5 million for the fourth quarter of 2022.
  • ET today to discuss the fourth quarter and full year 2023 financial results and provide a corporate update.

PLUG INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Plug Power, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

Retrieved on: 
Tuesday, March 26, 2024
Growth, Defendant, News, Integral, Plug, Complaint, Plant, GAAP, Court, Person

The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects.

Key Points: 
  • The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects.
  • or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660.
  • If you suffered a loss in Plug you have until May 21, 2024, to request that the Court appoint you as lead plaintiff.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.

Progress Announces First Quarter 2024 Financial Results

Retrieved on: 
Tuesday, March 26, 2024
ARR, Environment, Rate, Form, Webcast, ASU, Acquisition, Form 10-K, Software, Table, Security (finance), Insurance, Progress, Annual report, GAAP, MOVEit, Cryptocurrency

BURLINGTON, Mass., March 26, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced financial results for its fiscal first quarter ended February 29, 2024.

Key Points: 
  • Progress will hold a conference call to review its financial results for the fiscal first quarter of 2024 at 5:00 p.m.
  • Progress furnishes certain non-GAAP supplemental information to our financial results.
  • A reconciliation of non-GAAP adjustments to Progress' GAAP financial results is included in the tables at the end of this press release.
  • Acquisition-related expenses – We exclude acquisition-related expenses in order to provide a more meaningful comparison of the financial results to our historical operations and forward-looking guidance and the financial results of less acquisitive peer companies.

nCino Reports Fourth Quarter and Fiscal Year 2024 Financial Results

Retrieved on: 
Tuesday, March 26, 2024
RPO, Desjardins Group, German Bank, Acquisition, Commercial, Desjardins, Small business, Analytics, IMB, GAAP, Optimism, NCino, Mortgage loan, Video game

WILMINGTON, N.C., March 26, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced financial results for the fourth quarter and fiscal year 2024, ended January 31, 2024.

Key Points: 
  • Non-GAAP operating income in the fourth quarter was $19.3 million compared to $1.8 million in the fourth quarter of fiscal 2023.
  • Net Income (Loss) Attributable to nCino: GAAP net income attributable to nCino in the fourth quarter of fiscal 2024 was $1.2 million compared to a $(21.2) million net loss attributable to nCino in the fourth quarter of fiscal 2023.
  • Non-GAAP net income attributable to nCino in the fourth quarter was $23.8 million compared to $4.4 million in the fourth quarter of fiscal 2023.
  • Net Income (Loss) Attributable to nCino per Share: GAAP net income attributable to nCino in the fourth quarter of fiscal 2024 was $0.01 per diluted share compared to a $(0.19) loss per basic and diluted share in the fourth quarter of fiscal 2023.

Concentrix Reports First Quarter 2024 Results

Retrieved on: 
Tuesday, March 26, 2024
GAAP, EPS, Acquisition, Share repurchase, Concentrix, Depreciation, Video game

First Quarter Fiscal 2024 Highlights:

Key Points: 
  • First Quarter Fiscal 2024 Highlights:
    Revenue was $2,402.7 million, up 46.8% from the prior year first quarter compared with $1,636.4 million in the prior year first quarter.
  • The following statements are based on the Company’s current expectations for the second quarter of fiscal 2024 and the full year fiscal 2024.
  • Second Quarter Fiscal 2024 Expectations:
    Second quarter reported revenue is expected to be in the range of $2.325 billion to $2.372 billion.
  • The Company will host a conference call for investors to review its first quarter fiscal 2024 results today at 5:00 p.m. (ET)/2:00 p.m. (PT).