Earnings per share

Silicom Reports 2023 Results & Announces Strategic 5-Year Plan

Retrieved on: 
Thursday, February 1, 2024
EPS, Accounts payable, Accounts receivable, GAAP, Silicom, Earnings per share, KFAR, Acquisition, Share repurchase, Cost, Workforce, Reinsurance

KFAR SAVA, Israel, Feb. 1, 2024 /PRNewswire/ -- Silicom Ltd. (NASDAQ: SILC), a leading provider of high-performance networking and data infrastructure solutions, today reported its financial results for the fourth quarter and full year ended December 31, 2023, together with a 5-Year Strategic Plan recently approved by its Board of Directors.

Key Points: 
  • The main objective of the 5-Year Strategic Plan is to create significant shareholder value over time, increasing Earnings Per Share (EPS) gradually to above $3 in 2028.
  • To date, implementation of the plan has resulted in the discontinuation of two non-core programs and a downsizing of Silicom's workforce from 310 to 240 employees.
  • Associated one-time impairment of intangible assets and related write-offs of Cost of Sales have been reflected in the Company's fourth quarter GAAP financial results, with reconciliation detailed in the Non-GAAP financial results.
  • Fourth Quarter: Silicom's revenues for the fourth quarter of 2023 totalled $18.8 million compared with $45.2 million for the fourth quarter of 2022.

The Simply Good Foods Company Reports Fiscal First Quarter 2024 Financial Results and Reaffirms Full Fiscal Year 2024 Net Sales and Adjusted EBITDA Outlook

Retrieved on: 
Thursday, January 4, 2024
Convenience, Marketing, Depreciation, Tax, Interest, Earnings per share, IRI, Acquisition, International, Quest, Internet, Adjustment, Advertising, Growth, Investment, Overalls, GAAP, EPS, Bookkeeping

"We are pleased with our fiscal first quarter financial results and marketplace performance that were in line with estimates," said Geoff Tanner, President and Chief Executive Officer of Simply Good Foods.

Key Points: 
  • "We are pleased with our fiscal first quarter financial results and marketplace performance that were in line with estimates," said Geoff Tanner, President and Chief Executive Officer of Simply Good Foods.
  • As a result, Adjusted EBITDA is expected to increase slightly higher than the net sales growth rate.
  • In the first quarter of fiscal 2024, total Simply Good Foods combined measured and unmeasured channel U.S. retail takeaway increased about 8%.
  • Given the good start to the year, the Company reaffirms its full year fiscal 2024 outlook.

Digerati Technologies Reports Revenue of $7.7 Million for First Quarter FY2024

Retrieved on: 
Tuesday, December 26, 2023
Tax, Depreciation, Earnings per share, Operating cost, CFO, Acquisition, Net, SAN, Adjustment, OTCQB, Nature, Three Months, Growth, Unified communications, GAAP, Cryptocurrency

SAN ANTONIO, Dec. 26, 2023 (GLOBE NEWSWIRE) -- Digerati Technologies, Inc. (OTCQB: DTGI) ("Digerati" or the "Company"), a provider of cloud services specializing in UCaaS (Unified Communications as a Service) solutions for the small to medium-sized business (“SMB”) market, announced today financial results for the three months ended October 31, 2023, the Company’s first quarter for its Fiscal Year 2024.

Key Points: 
  • Key Financial Highlights for the Three Months Ended October 31, 2023 (Compared to the Three Months Ended October 31, 2022)
    Revenue decreased 6% to $7.654 million compared to $8.130 million.
  • Gross profit decreased 3% to $5.103 million compared to $5.279 million.
  • Non-GAAP Adjusted EBITDA income decreased 8% to $0.733 million, excluding all non-cash items and one-time transactional expenses, compared to non-GAAP Adjusted EBITDA income of $0.795 million.
  • Net loss attributable to Digerati’s common shareholders decreased 18% to $4.085 million, compared to a net loss attributable to Digerati’s common shareholders of $4.988 million.

Know Labs, Inc. Reports Fourth Quarter and Fiscal Year 2023 Results

Retrieved on: 
Tuesday, December 19, 2023
Diabetes, General Health, Health, Medical Devices, Know Labs, FDA, Depreciation, Burn, Earnings per share, Engineering, First generation, Sale, Research, Security (finance)

Know Labs, Inc. (NYSE American: KNW), an emerging developer of non-invasive medical diagnostic technology, today reported financial results for the fourth quarter and fiscal year ended September 30, 2023.

Key Points: 
  • Know Labs, Inc. (NYSE American: KNW), an emerging developer of non-invasive medical diagnostic technology, today reported financial results for the fourth quarter and fiscal year ended September 30, 2023.
  • Know Labs reported a net loss of $15.29 million dollars in FY2023, compared to a net loss of $20.07 million dollars in FY2022, a reduction in net loss of 23.8%.
  • Net cash used in operations for FY2023 was $10.35 million dollars compared with $6.92 million in the prior year.
  • Shareholder equity for the fiscal year 2023 was $3.74 million versus $9.86 million in fiscal year 2022.

NICE Reports 22% Year-Over-Year Cloud Revenue Growth for the Third Quarter 2023

Retrieved on: 
Thursday, November 16, 2023
Software, Technology, Data Management, Acquisition, Bank statement, Investment, Uncertainty, CX, Share repurchase, GAAP, Forecasting, Growth, Earnings per share, AI, Pharmaceutical industry, Video game, Bank

“Our record revenue was driven by another outstanding quarter with cloud revenue growth of 22%, which is the fastest growth rate in our industry on the largest cloud revenue base.

Key Points: 
  • “Our record revenue was driven by another outstanding quarter with cloud revenue growth of 22%, which is the fastest growth rate in our industry on the largest cloud revenue base.
  • Gross Profit: Third quarter 2023 gross profit was $410.4 million compared to $383.9 million for the third quarter of 2022.
  • Operating Income: Third quarter 2023 operating income increased 26% to $113.6 million compared to $90.3 million for the third quarter of 2022.
  • Net Income: Third quarter 2023 net income increased 30% to $92.4 million compared to $71.2 million for the third quarter of 2022.

Decibel Announces Third Quarter Results with $30.2 Million of Net Revenue, $6.7 Million of Adjusted EBITDA, and Positive Free Cash Flow

Retrieved on: 
Thursday, November 16, 2023
EBITDA, Seating assignment, Ageing, Vox, The Company, AB, EPS, Growth, National Market System, Earnings per share, Pharmaceutical industry, Video game, Bank, Decibel

National Market Share(2) of 7.5% in Q3 2023 which placed Decibel as the 2nd largest licensed producer in Canada by market share.

Key Points: 
  • National Market Share(2) of 7.5% in Q3 2023 which placed Decibel as the 2nd largest licensed producer in Canada by market share.
  • Net Revenue of $30.2 million in the third quarter of 2023, with a sequential decline of 2% over the prior quarter, and year over year growth of 65%.
  • Positive Free Cash Flow(1) of $1.2 million in the third quarter of 2023, with a sequential increase of 152% over the prior quarter and a year over year decline of 50%.
  • Adjusted Net Income was negatively impacted by a litigation expense of $3 million related to arbitration that is now concluded.

Reynolds Consumer Products Reports Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 8, 2023
Other Retail, Manufacturing, Supermarket, Discount, Variety, Food, Beverage, Other Manufacturing, Retail, Steel, Packaging, Home Goods, Chemicals, Plastics, Adjustment, Zoo, Social media, Air fryer, Earnings per share, Pacesetter, EBITDA, Presto, Advertising, Growth, Reynolds, Capital expenditure, Rationalization, IRI, SKU, Tobacco, Cryptocurrency, Food delivery, Renewable energy, Bookkeeping, Security (finance), Hefty

Reynolds Consumer Products Inc. (the “Company”) (Nasdaq: REYN) today reported financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Reynolds Consumer Products Inc. (the “Company”) (Nasdaq: REYN) today reported financial results for the third quarter ended September 30, 2023.
  • Third quarter highlights include continued share gains for Reynolds Wrap®, national roll out of Reynolds Kitchens® Stay Flat Parchment Paper with SmartGrid® and further distribution gains for Reynolds Kitchens® Air Fryer liners.
  • During the third quarter of 2023, the Company made a voluntary principal payment of $100 million on its term loan facility.
  • The Company expects the following results for its fiscal year and fourth quarter ending December 31, 2023:

MiX Telematics Reports Second Quarter Fiscal Year 2024 U.S. GAAP Financial Results

Retrieved on: 
Wednesday, November 8, 2023
Vehicle Technology, Automotive, Technology, Software, Fleet Management, Hardware, Adjustment, International use of the U.S. dollar, NYSE, Three Months, South African rand, Public expenditure, EBITDA, Field service management, Acquisition, Investment, Mnet Asian Music Award for Best Mixed Group, ADS, FSM, Earnings per share, JSE, Depreciation, African, Software as a service, Renewable energy, Video game, Cryptocurrency, Security (finance), PowerFleet

MiX Telematics Limited (“MiX Telematics” or the “Company”) (NYSE: MIXT, JSE: MIX), a leading global Software-as-a-Service (“SaaS”) provider of connected fleet management solutions, today announced financial results, in accordance with accounting principles generally accepted in the United States (“GAAP”), for the second quarter of fiscal year 2024, which ended September 30, 2023.

Key Points: 
  • MiX Telematics Limited (“MiX Telematics” or the “Company”) (NYSE: MIXT, JSE: MIX), a leading global Software-as-a-Service (“SaaS”) provider of connected fleet management solutions, today announced financial results, in accordance with accounting principles generally accepted in the United States (“GAAP”), for the second quarter of fiscal year 2024, which ended September 30, 2023.
  • The Field Service Management (“FSM”) business acquired on September 2, 2022 contributed $1.9 million to the subscription revenue for the second quarter of fiscal year 2024, compared to $0.9 million for the second quarter of fiscal year 2023.
  • Dollar exchange rate averaged R18.65 in the second quarter of fiscal year 2024 compared to an average of R17.01 during the second quarter of fiscal year 2023.
  • Adjusted EBITDA margin, a non-GAAP measure, for the second quarter of fiscal year 2024 increased 550 basis points to 22.5%, compared to 17.0% for the second quarter of fiscal year 2023.

Bird Construction Inc. Announces Stronger Than Expected 2023 Third Quarter Financial Results

Retrieved on: 
Tuesday, November 7, 2023
Adjustment, MSA, Canadian Nuclear Laboratories Research Facilities, The New Release, Mining, Vancouver, National Automotive Innovation Centre, Earnings, EBITDA, Southern Alberta Institute of Technology, SAIT, Rehabilitation, Growth, BHP, Financial Accounting Standards Board, St. Francis Xavier University, Canadian Securities Administrators, Webcast, Partnership, ArcelorMittal, Bird, University, National Nuclear Laboratory, Earnings per share, Bookkeeping, Civil engineering, Cryptocurrency

Bird maintains a strong liquidity position at September 30, 2023, recording positive operating cashflows for the quarter while continuing to fund the working capital required to support the significant growth in the Company's work program.

Key Points: 
  • Bird maintains a strong liquidity position at September 30, 2023, recording positive operating cashflows for the quarter while continuing to fund the working capital required to support the significant growth in the Company's work program.
  • At the end of the third quarter, Bird had $104.1 million of cash and cash equivalents and an additional $157.0 million available under the Company's Syndicated Credit Facility.
  • Bird will host an investor webcast to discuss the quarterly results on Wednesday, November 8, 2023 at 10:00 a.m.
  • These include non-GAAP financial measures, non-GAAP financial ratios, and supplementary financial measures.

Unitil Reports Third Quarter Earnings

Retrieved on: 
Tuesday, November 7, 2023
Unitil Corporation, Weather, NYSE, Regulation, CDD, Earnings per share, EDD, GAAP, Net income, Kilowatt-hour, Tax, C&I, EPS, Depreciation, Retirement, Corporate sustainability, Heat, Suits index, Natural gas, Cryptocurrency, Bank, Renewable energy

HAMPTON, N.H., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE: UTL) ( unitil.com ) today announced Net Income of $1.4 million, or $0.09 in Earnings Per Share (EPS) for the third quarter of 2023, an increase of $0.9 million in Net Income, or $0.06 in EPS, compared to the third quarter of 2022.

Key Points: 
  • HAMPTON, N.H., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE: UTL) ( unitil.com ) today announced Net Income of $1.4 million, or $0.09 in Earnings Per Share (EPS) for the third quarter of 2023, an increase of $0.9 million in Net Income, or $0.06 in EPS, compared to the third quarter of 2022.
  • The Company’s Electric and Gas GAAP Gross Margins for the third quarter of 2023 were $22.6 million and $12.3 million, respectively.
  • The Company’s earnings historically have been seasonal and typically have been higher in the first and fourth quarters when customers use natural gas for heating purposes.
  • The Company will hold a quarterly conference call to discuss third quarter 2023 results on Tuesday, November 7, 2023, at 10:00 a.m. Eastern Time.