Earnings per share

Quad Reports Fourth Quarter and Full-Year 2023 Results

Retrieved on: 
Tuesday, February 20, 2024
Marketing, Content Marketing, Communications, Search Engine Marketing, Digital Marketing, Acquisition, Traction, Growth, Quad (company), Earnings per share, Adjustment, Financial services

Quad/Graphics, Inc. (NYSE: QUAD) (“Quad” or the “Company”), a global marketing experience company, today reported results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Quad/Graphics, Inc. (NYSE: QUAD) (“Quad” or the “Company”), a global marketing experience company, today reported results for the fourth quarter and full year ended December 31, 2023.
  • Net Loss — Net Loss was $22 million in the fourth quarter of 2023 compared to Net Loss of $9 million in the fourth quarter of 2022.
  • Adjusted EBITDA — Adjusted EBITDA was $66 million in the fourth quarter of 2023 as compared to $79 million in the same period in 2022.
  • Results for the year ended December 31, 2023, as compared to our 2023 financial guidance, include:

Spike in Fourth Quarter SEC Accounting and Auditing Enforcement Activity Results in Notable Increase in FY 2023

Retrieved on: 
Wednesday, February 28, 2024
Sarbanes–Oxley Act, FY, Initiative, EPS, Cornerstone Research, Earnings per share, Bank statement, Accounting, Pharmaceutical industry

WASHINGTON, Feb. 28, 2024 /PRNewswire-PRWeb/ -- The U.S. Securities and Exchange Commission expanded its accounting and auditing enforcement activity in fiscal year 2023, while monetary settlements dropped for the second consecutive year, according to a new report released today by Cornerstone Research.

Key Points: 
  • The report, SEC Accounting and Auditing Enforcement Activity—Year in Review: FY 2023 , found that the SEC publicly disclosed 83 accounting and auditing enforcement actions in FY 2023, a 22% increase from FY 2022 and the highest number of actions initiated since FY 2019.
  • FY 2023 was the first time that civil penalties comprised less than half of total monetary settlements since FY 2020.
  • There were 111 total respondents in accounting and auditing enforcement actions initiated in FY 2023, a slight increase from the 103 respondents in FY 2022.
  • In FY 2023, the SEC initiated 11 actions against non-U.S. respondents, higher than the average of nine actions per year from FY 2018 to FY 2022.

Know Labs, Inc. Reports First Quarter FY2024 Results

Retrieved on: 
Wednesday, February 14, 2024
Technology, Health Technology, Health, Hardware, Research, Burn, Know Labs, Form 10-K, Earnings per share, Annual report, Security (finance), Bank statement, Cryptocurrency

Know Labs, Inc. (NYSE American: KNW), an emerging developer of non-invasive medical diagnostic technology, today reported financial results for the first quarter ended December 31, 2023.

Key Points: 
  • Know Labs, Inc. (NYSE American: KNW), an emerging developer of non-invasive medical diagnostic technology, today reported financial results for the first quarter ended December 31, 2023.
  • In Q1 FY 2024, Know Labs reported a net loss of $3.45 million dollars, compared to a net loss of $3.82 million dollars in Q1 FY 2023, a reduction in net loss of 9.8%.
  • Research and development expense for Q1 FY2024 was $1.48 million dollars as compared to $1.74 million dollars in Q1 FY 2023, a decrease of 14.7% year over year.
  • Net cash used in operations for Q1 FY 2024 was $3.39 million dollars compared with $2.92 million in Q1 FY 2023.

Unitil Reports Year-End Earnings

Retrieved on: 
Tuesday, February 13, 2024
Depreciation, Regulation, Tax, Weather, Electricity, Natural gas, Retirement, Earnings per share, Net income, Unitil Corporation, Suits index, Heat, GAAP, O&M, EPS

“As we head into 2024, we remain focused on the issues that matter most — safety, reliability, affordability and financial discipline.

Key Points: 
  • “As we head into 2024, we remain focused on the issues that matter most — safety, reliability, affordability and financial discipline.
  • The increase was driven by higher rates and customer growth of $5.3 million, partially offset by higher depreciation and amortization expense of $0.6 million.
  • Electric Adjusted Gross Margin (a non-GAAP financial measure1) was $104.1 million in 2023, an increase of $5.3 million compared with 2022.
  • The Company’s earnings are seasonal and are typically higher in the first and fourth quarters when customers use natural gas for heating purposes.

Greenidge Generation Announces $6 Million Investment to Support Ongoing Business Transformation

Retrieved on: 
Monday, February 12, 2024
Blockchain, Cryptocurrency, Artificial Intelligence, Data Management, Professional Services, Technology, Fintech, Digital Cash Management, Digital Assets, Armistice, Culture, Earnings per share, EPCM

Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge” or the "Company"), a vertically integrated cryptocurrency datacenter and power generation company, today announced that it has entered into a securities purchase agreement with Armistice Capital that includes an initial investment of $6 million.

Key Points: 
  • Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge” or the "Company"), a vertically integrated cryptocurrency datacenter and power generation company, today announced that it has entered into a securities purchase agreement with Armistice Capital that includes an initial investment of $6 million.
  • The investment from Armistice Capital will provide Greenidge with long-term capital to support the Company’s growth strategy and is expected to fund its expansion into low-cost power centers, bitcoin mining, its EPCM business, new AI infrastructure/data centers and innovative efforts to support an increased interest in bitcoin.
  • Greenidge CEO Jordan Kovler commented: “The investment by Armistice sends a clear message regarding Greenidge’s ongoing transformation and expansion efforts.
  • This included Net Income of $1.4 million to $2.4 million, Adjusted EBITDA of $1.6 million to $2.6 million and Earnings Per Share of $0.18 to $0.32.

DHI Group Reports 2023 Fourth Quarter and Full Year Financial Results

Retrieved on: 
Wednesday, February 7, 2024
Professional Services, Data Management, Data Analytics, Technology, Other Technology, Human Resources, Artificial Intelligence, Growth, AI, Environment, DHI (company), Earnings per share, Adjustment, Use, DHX, Acquisition, Bookkeeping

DHI Group, Inc. (NYSE: DHX) (“DHI” or the “Company”) today announced financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • DHI Group, Inc. (NYSE: DHX) (“DHI” or the “Company”) today announced financial results for the fourth quarter and full year ended December 31, 2023.
  • Adjusted Diluted Earnings Per Share for the quarter was $0.04, versus $0.01 in the year-ago quarter.
  • Adjusted EBITDA was $10.1 million, up 24% year over year, and Adjusted EBITDA Margin was 27%, up from 20% in the year-ago quarter.
  • Cash was $4.2 million and total debt was $38.0 million at quarter end compared to $40 million at the prior quarter end.

Mattel Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, February 7, 2024
Toys, Entertainment, Retail, Consumer, General Entertainment, Children, Licensing (Entertainment), Nature, EPS, Pandemic, Security (finance), COVID-19, Growth, GAAP, 600 (number), Failure, American Girl, Gross income, Tax, Transport, Regulation, Earnings per share, Food, Disclosure, Public expenditure, Eastern Standard, XV, Investment, Employment, Depreciation, Disease, Appendix, Risk, Accounting, Free cash flow, Sale, Webcast

At 5:00 p.m. (Eastern Standard Time) today, Mattel will host a conference call with investors and financial analysts to discuss its fourth quarter and full year financial results.

Key Points: 
  • At 5:00 p.m. (Eastern Standard Time) today, Mattel will host a conference call with investors and financial analysts to discuss its fourth quarter and full year financial results.
  • Mattel analyzes constant currency results to provide additional perspective on changes in underlying trends in Mattel’s operating performance.
  • The disclosure of the percentage change in constant currency enhances investor’s ability to compare financial results from one period to another.
  • Mattel presents changes in gross billings as a metric for comparing its aggregate, categorical, brand, and geographic results to highlight significant trends in Mattel’s business.

Reynolds Consumer Products Reports Fourth Quarter and Full Year 2023 Financial Results; Provides 2024 Outlook

Retrieved on: 
Wednesday, February 7, 2024
Food, Beverage, Home Goods, Retail, Supermarket, Convenience Store, Final good, Growth, Earnings per share, Capital expenditure, Adjustment, Investment, Advertising, Air fryer, Video game

Reynolds Consumer Products Inc. (the “Company”) (Nasdaq: REYN) today reported financial results for the fourth quarter and fiscal year ended December 31, 2023.

Key Points: 
  • Reynolds Consumer Products Inc. (the “Company”) (Nasdaq: REYN) today reported financial results for the fourth quarter and fiscal year ended December 31, 2023.
  • Free cash flow of $540 million represented a $449 million increase compared to free cash flow in the prior year.
  • “Reynolds Consumer Products is performing very well in a challenging economic environment and I am extremely proud of all that our team accomplished in 2023,” said Lance Mitchell, President and Chief Executive Officer.
  • Capital expenditures were $104 million for the year ended December 31, 2023 compared to $128 million in the prior year.

Gilead Sciences Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, February 6, 2024
Oncology, Health, Infectious Diseases, Hospitals, COVID-19, Pharmaceutical, Biotechnology, EPS, IPR, Compugen, Immunotherapy, Food and Drug Administration, ETR, Dow Jones Sustainability Indices, Progression-free survival, Obeldesivir, FDA, Virology, FTC, Hematology, ALL, HDV, Society, Neurotoxicity, Acquisition, HCV, Cell therapy, Acute lymphoblastic leukemia, MYR, Research, HIV, Patient, Tenofovir alafenamide, Food, Infection, Multiple myeloma, Standard of care, OS, Lymphoma, B-cell lymphoma, Table, GAAP, Docetaxel, Lung cancer, Science, Earnings per share, Investment, Liver disease, Risk, ASH, Pharmaceutical industry

Gilead Sciences, Inc. (Nasdaq: GILD) announced today its results of operations for the fourth quarter and full year 2023.

Key Points: 
  • Gilead Sciences, Inc. (Nasdaq: GILD) announced today its results of operations for the fourth quarter and full year 2023.
  • During the fourth quarter 2023, Gilead paid cash dividends of $943 million and utilized $150 million to repurchase common stock.
  • The Liver Disease portfolio sales were $691 million in the fourth quarter 2023 and remained flat compared to the same period in 2022.
  • Cell Therapy product sales increased 11% to $466 million in the fourth quarter 2023 compared to the same period in 2022.

Cencora Reports Fiscal 2024 First Quarter Results

Retrieved on: 
Wednesday, January 31, 2024
Medical Supplies, Medical Devices, Health, Hospitals, Other Health, Pharmaceutical, Conference, COVID-19, Corporate Equality Index, Weight loss, Growth, ESG, Table, GAAP, Telephone, Human Rights Campaign, Earnings per share, COVID-19 vaccine, Information technology, Interest expense, Certification, Vaccine, Diabetes, Acquisition, Webcast, Pharmaceutical industry

Operating income as a percentage of revenue was 1.14 percent in the first quarter of fiscal 2024, an increase of 13 basis points when compared to the prior year quarter.

Key Points: 
  • Operating income as a percentage of revenue was 1.14 percent in the first quarter of fiscal 2024, an increase of 13 basis points when compared to the prior year quarter.
  • Diluted Earnings Per Share: Diluted earnings per share was $2.98 in the first quarter of fiscal 2024, a 27.9 percent increase compared to $2.33 in the previous fiscal year’s first quarter.
  • Diluted Shares Outstanding: Diluted weighted average shares outstanding for the first quarter of fiscal 2024 were 201.8 million, a decrease of 2.2 percent versus the prior fiscal year first quarter primarily as a result of share repurchases.
  • Adjusted Diluted Earnings Per Share: Adjusted diluted earnings per share was $3.28 in the first quarter of fiscal 2024, a 21.0% increase compared to $2.71 in the previous fiscal year’s first quarter.