Quarter

Ad prices drove continued growth in retail media and paid search while commerce ads boosted paid social investment

Retrieved on: 
Thursday, January 25, 2024
SAN, Digital, Meta, Skai, CPC, Algorithm, Yoy, Quarter, Growth, Online shopping

SAN FRANCISCO, Jan. 25, 2024 /PRNewswire/ -- Today, Skai, a leading omnichannel advertising platform, published its Q4 2023 Digital Marketing Quarterly Trends Report, an in-depth analysis of the digital marketing trends that defined the fourth quarter of this year, along with an interactive infographic detailing key analysis. The holiday season saw increased spending across key digital channels, with each of those channels taking a slightly different path to that growth.

Key Points: 
  • Double-digit growth in cost-per-click helped propel robust year-over-year increases in spending for retail media, and modest growth in paid search, according to Skai's Quarterly Trends Report.
  • The holiday season saw increased spending across key digital channels, with each of those channels taking a slightly different path to that growth.
  • Year-over-year (YoY) spending was up everywhere in Q4 as well, led by retail media at +27%, paid social at +15% and paid search at +4%.
  • Skai is now including TikTok, YouTube and LinkedIn in its paid social analysis, so growth rates may not be directly comparable to previous reports.

WELL Health Announces Record Patient Visits and Total Care Interactions for Q4-2023 and Projects Record Revenue and Positive EPS for the Quarter

Retrieved on: 
Thursday, January 25, 2024
RADAR, Patient, Growth, Artificial intelligence, Health, MCI, Quarter, CFO, Adjustment, ESG, TSX, Acquisition, EPS, Acceleration, WELL, OTCQX, NPS, Yoy, Nursing

On a YoY basis, overall patient visits grew by 30% while Total Care Interactions grew by 38%.

Key Points: 
  • On a YoY basis, overall patient visits grew by 30% while Total Care Interactions grew by 38%.
  • Eva Fong, CFO of WELL, also remarked, "In Q4-2023, WELL's financials reveal an exceptional growth trajectory, highlighted by a significant acceleration in patient visits.
  • This acceleration in patient visit growth supports our positive forecast for accelerated EBITDA growth in the coming year.
  • WELL's patient visits and Total Care Interactions metrics are an important leading indicator to demonstrate the health of WELL's operational and financial performance.

Birlasoft's Q3FY24 Revenue up 1.9% QoQ to $161.3 Mn

Retrieved on: 
Wednesday, January 24, 2024
Cloud, ISQ, Business, ROW, Growth, Quarter, ISG, Nextgen, CK Birla Group, TCV, PAT, VINCI, Society, Ecosystem, Data, Analytics, Investment, EPS, Automation, LSS, Yoy, Energy

NEW DELHI, Jan. 24, 2024 /PRNewswire/ -- Birlasoft, a leading IT services and solutions provider, today reported its unaudited consolidated financial results for the third quarter ended December 31, 2023. Birlasoft is part of the $2.9 bn CK Birla Group, which has over 35,000 employees and 49 manufacturing facilities globally. 

Key Points: 
  • Birlasoft is part of the $2.9 bn CK Birla Group, which has over 35,000 employees and 49 manufacturing facilities globally.
  • Deal signings during the quarter at $218 million TCV too have been robust, comprising both renewals as well as net new engagements.
  • "Our revenue during the quarter under review grew 10% year-on-year to Rs 13,430 million.
  • Workforce strength increases QoQ to 12,356 as on 31st December 2023, and attrition improves further to 12.6% during Q3FY24 (from 15.0% a quarter ago and 25.5% a year ago).

Munch Survey Reveals TikTok Not Among Top 3 Preferred Video Distribution Platforms for Businesses in 2024

Retrieved on: 
Tuesday, January 23, 2024
Knowledge, Organization, TEL, Marketing, Research, Social media, Quarter, Growth

TEL AVIV, Israel, Jan. 23, 2024 /PRNewswire/ -- Munch, a leading AI-powered automation platform for social media, today released its annual state of short-form video 2024 report. After analyzing millions of video hours from over 500K content professionals worldwide, the report presents key insights into the utilization of short-form video content for marketers, and how businesses can effectively leverage this medium in marketing strategies to maintain a robust social media presence.

Key Points: 
  • The report unveils a surprising trend in the social media platform preferences for video content distribution and how it differs between businesses and creators.
  • Surprisingly, only 11% of creators are using TikTok to share content and for businesses, TikTok doesn't even rank among their top three platform choices.
  • Out of the businesses using short-form content in their marketing strategies, Munch found that only 8% are large enterprises, with the majority comprising small businesses (70%) and medium-sized businesses (22%).
  • Additional key findings in the report include:
    Business User Growth: Munch found a +49% growth in the business segment QoQ.

Munch Survey Reveals TikTok Not Among Top 3 Preferred Video Distribution Platforms for Businesses in 2024

Retrieved on: 
Tuesday, January 23, 2024
Knowledge, Organization, TEL, Marketing, Research, Social media, Quarter, Growth

TEL AVIV, Israel, Jan. 23, 2024 /PRNewswire/ -- Munch, a leading AI-powered automation platform for social media, today released its annual state of short-form video 2024 report. After analyzing millions of video hours from over 500K content professionals worldwide, the report presents key insights into the utilization of short-form video content for marketers, and how businesses can effectively leverage this medium in marketing strategies to maintain a robust social media presence.

Key Points: 
  • The report unveils a surprising trend in the social media platform preferences for video content distribution and how it differs between businesses and creators.
  • Surprisingly, only 11% of creators are using TikTok to share content and for businesses, TikTok doesn't even rank among their top three platform choices.
  • Out of the businesses using short-form content in their marketing strategies, Munch found that only 8% are large enterprises, with the majority comprising small businesses (70%) and medium-sized businesses (22%).
  • Additional key findings in the report include:
    Business User Growth: Munch found a +49% growth in the business segment QoQ.

Tata Elxsi delivers healthy growth in Q3 FY'24 with revenue from operations growing at 3.7% QoQ, and EBITDA margin at 29.5%

Retrieved on: 
Tuesday, January 23, 2024
Transport, Industrial design, Tata Motors, Communication, SDV, Health care, Quarter, Holiday, PAT, Net income, Digital, Environment, HMI, EPS, System integration, PBT, Per stirpes, Yoy, Growth, Bookkeeping

BANGALORE, India, Jan. 23, 2024 /PRNewswire/ -- Tata Elxsi (BSE: 500408) (NSE: TATAELXSI), amongst the world's leading providers of design led technology services, announced its third quarter results for the period ending 31st December 2023.

Key Points: 
  • Highlights of the Quarter Ended December 31, 2023:
    Revenues from operations at Rs.
  • 33.15, +3.2% QoQ, +6.0% YoY
    Transportation growth at 2.7% QoQ, 15.6% YoY, aided by deal wins and ramp-up of Software Defined Vehicle (SDV) engagements.
  • We are staying close to our customers and building on both growth and efficiency offerings for customers in this industry.
  • Our Design-Digital strategy is continuing to drive differentiation and growth, with our Design business growing strongly at 12.3%.

DocSend 2023 Year-End Data Indicates Positive Fundraising Momentum Going Into 2024

Retrieved on: 
Wednesday, January 17, 2024
Hope, Uncertainty, Artificial intelligence, Quarter, SAN, Hunger, VCS, YTD, Investment, Shock, PDI, Data analysis, Yoy, Cryptocurrency

SAN FRANCISCO, Jan. 17, 2024 /PRNewswire/ -- DocSend, a secure document sharing platform and Dropbox (NASDAQ: DBX) company, released a new data analysis of startup fundraising showing positive momentum for the first time in six quarters, based on investor engagement with pitch decks. The Pitch Deck Interest (PDI) metrics prompt hope for increased dealmaking in Q1, due to encouraging year-over-year (YoY) investor interest and founder activity.

Key Points: 
  • SAN FRANCISCO, Jan. 17, 2024 /PRNewswire/ -- DocSend , a secure document sharing platform and Dropbox (NASDAQ: DBX) company, released a new data analysis of startup fundraising showing positive momentum for the first time in six quarters, based on investor engagement with pitch decks.
  • Conversely, founders were less active in sending out their pitch decks to investors in Q4, with activity dropping almost 6% QoQ.
  • Investor time spent reviewing decks continuously decreased over 2023, hitting an all-time low in Q4 of two minutes and 24 seconds.
  • "As we enter 2024, we are seeing glimmers of hope for founders seeking funding," said Justin Izzo, lead data and trends analyst at Dropbox DocSend.

Mandalay Resources Achieves 2023 Production Guidance with a Strong Q4 and Provides Outlook for 2024

Retrieved on: 
Tuesday, January 16, 2024
Cost, Antimony, Gold, TSX, Quarter, MND, Consolidated, Palladium

TORONTO, Jan. 16, 2024 /PRNewswire/ - Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND) (OTCQB: MNDJF) announces its operating results for the fourth quarter and full-year 2023 and provides production and cost guidance for 2024.

Key Points: 
  • TORONTO, Jan. 16, 2024 /PRNewswire/ - Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND) (OTCQB: MNDJF) announces its operating results for the fourth quarter and full-year 2023 and provides production and cost guidance for 2024.
  • Fourth Quarter and Full-Year 2023 Production Highlights:
    Consolidated full-year 2023 metal production was 89,809 gold equivalent ounces;
    Costerfield's highest quarterly gold production since Q4 2021, with 13,016 ounces contributing to 15,383 gold equivalent ounces of total production in Q4 2023; and
    Björkdal's highest quarterly gold production since Q1 2022, with 11,558 ounces.
  • Both sites delivered a strong fourth quarter to close out the year, enabling the Company to achieve its 2023 revised production guidance with 89,809 gold equivalent ounces produced.
  • Notably, as compared to the previous quarter, Costerfield's gold equivalent production increased by 42% to 15,383 gold equivalent ounces.

Mandalay Resources Achieves 2023 Production Guidance with a Strong Q4 and Provides Outlook for 2024

Retrieved on: 
Tuesday, January 16, 2024
Cost, Antimony, Gold, TSX, Quarter, MND, The Company, Consolidated, Palladium

TORONTO, Jan. 16, 2024 /PRNewswire/ -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND) (OTCQB: MNDJF) announces its operating results for the fourth quarter and full-year 2023 and provides production and cost guidance for 2024.

Key Points: 
  • TORONTO, Jan. 16, 2024 /PRNewswire/ -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND) (OTCQB: MNDJF) announces its operating results for the fourth quarter and full-year 2023 and provides production and cost guidance for 2024.
  • Fourth Quarter and Full-Year 2023 Production Highlights:
    Consolidated full-year 2023 metal production was 89,809 gold equivalent ounces;
    Costerfield's highest quarterly gold production since Q4 2021, with 13,016 ounces contributing to 15,383 gold equivalent ounces of total production in Q4 2023; and
    Björkdal's highest quarterly gold production since Q1 2022, with 11,558 ounces.
  • Both sites delivered a strong fourth quarter to close out the year, enabling the Company to achieve its 2023 revised production guidance with 89,809 gold equivalent ounces produced.
  • Notably, as compared to the previous quarter, Costerfield's gold equivalent production increased by 42% to 15,383 gold equivalent ounces.

BIGG Digital Assets Subsidiary Netcoins announces Q4 results and the launch of Netcoins Crypto Trading API

Retrieved on: 
Thursday, January 11, 2024
Crypto, Ethereum, Bank statement, Head, Legislation, Quarter, API, Cryptocurrency, ETF, OTC, USD, CAD, News

During Q4, Netcoins saw significant trading volume processing over $109m worth of transactions, accounting for nearly 38% of Netcoins 2023 volume, which was $286m.

Key Points: 
  • During Q4, Netcoins saw significant trading volume processing over $109m worth of transactions, accounting for nearly 38% of Netcoins 2023 volume, which was $286m.
  • Netcoins launched its OTC Trading Desk in October 2023 which helped to propel Netcoins trading.
  • Over $21m was traded through Netcoins Enterprise and OTC Trading desk during Q4, led by Head of OTC Sales and Trading, Andrew Bulman.
  • The Netcoins crypto API empowers individual and institutional traders to automate their trading activities with both CAD and USD pairs available.