Earnings per share

Quad Reports Third Quarter and Year-to-Date 2023 Results

Retrieved on: 
Tuesday, October 31, 2023

Quad/Graphics, Inc. (NYSE: QUAD) (“Quad” or the “Company”), today reported results for the third quarter ended September 30, 2023.

Key Points: 
  • Quad/Graphics, Inc. (NYSE: QUAD) (“Quad” or the “Company”), today reported results for the third quarter ended September 30, 2023.
  • Increased Net Cash Provided by Operating Activities by $71 million for the nine months ended September 30, 2023, compared to the same period in 2022.
  • Increased Free Cash Flow by $61 million for the nine months ended September 30, 2023, compared to the same period in 2022, including $27 million of Free Cash Flow generation in the third quarter of 2023.
  • Net Loss — Net Loss was $3 million in the third quarter of 2023 compared to Net Earnings of $14 million in the third quarter of 2022.

Transcat Reports Strong Second Quarter Results on Double-Digit Organic Service Growth and Expanding Gross Margins

Retrieved on: 
Monday, October 30, 2023

Consolidated gross profit was up $6.0 million, or 18.4%, and gross margin expanded to 31.5% or 200 basis points.

Key Points: 
  • Consolidated gross profit was up $6.0 million, or 18.4%, and gross margin expanded to 31.5% or 200 basis points.
  • Subsequent to the end of the quarter, the revolving credit facility was paid off using funds from the secondary offering.
  • We expect organic Service revenue growth in the high-single digit to low double-digit range and gross margin expansion for the fiscal 2024 year.
  • Management will review the financial and operating results for the second quarter, as well as the Company’s strategy and outlook.

Mobileye Releases Third Quarter 2023 Results, Updates Guidance and Provides Business Overview

Retrieved on: 
Thursday, October 26, 2023

This information reflects Mobileye’s expectations for Revenue, Operating Loss and Adjusted Operating Income results for the year ending December 30, 2023.

Key Points: 
  • This information reflects Mobileye’s expectations for Revenue, Operating Loss and Adjusted Operating Income results for the year ending December 30, 2023.
  • These statements represent forward-looking information and may not represent a financial outlook, and actual results may vary.
  • Mobileye will host a conference call today, October 26, 2023, at 8:00am ET (3:00pm IT) to review its results and provide a general business update.
  • We use such non-GAAP financial measures to make strategic decisions, establish business plans and forecasts, identify trends affecting our business, and evaluate performance.

The Simply Good Foods Company Reports Fiscal Fourth Quarter and Full Fiscal Year 2023 Financial Results and Provides Full Fiscal Year 2024 Outlook

Retrieved on: 
Tuesday, October 24, 2023

Fourth quarter fiscal 2023 net sales growth of about 17% was in line with estimates.

Key Points: 
  • Fourth quarter fiscal 2023 net sales growth of about 17% was in line with estimates.
  • In the fourth quarter of fiscal 2023, total Simply Good Foods combined measured and unmeasured channel U.S. retail takeaway increased about 11%.
  • Gross margin was 37.6% in the fourth quarter of fiscal 2023 versus 37.1% last year, an increase of 50 basis points.
  • In the fourth quarter of fiscal 2023, the Company reported net income of $36.6 million compared to $30.1 million for the comparable period of fiscal 2022.

Mattel Reports Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, October 25, 2023

At 5:00 p.m. (Eastern Standard Time) today, Mattel will host a conference call with investors and financial analysts to discuss its third quarter 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 third quarter financial results.
  • To supplement our financial results presented in accordance with generally accepted accounting principles in the United States (“GAAP”), Mattel presents certain non-GAAP financial measures within the meaning of Regulation G promulgated by the Securities and Exchange Commission.
  • Mattel believes that the disclosure of non-GAAP financial measures provides useful supplemental information to investors to be able to better evaluate ongoing business performance and certain components of Mattel’s results.
  • The disclosure of the percentage change in constant currency enhances investor’s ability to compare financial results from one period to another.

Biogen Completes Acquisition of Reata Pharmaceuticals

Retrieved on: 
Tuesday, September 26, 2023

Reata acquisition bolsters Biogen’s rare disease portfolio with the addition of SKYCLARYS® (omaveloxolone), the first and only FDA approved treatment for Friedreich’s ataxia in the U.S.

Key Points: 
  • Reata acquisition bolsters Biogen’s rare disease portfolio with the addition of SKYCLARYS® (omaveloxolone), the first and only FDA approved treatment for Friedreich’s ataxia in the U.S.
    CAMBRIDGE, Mass., Sept. 26, 2023 (GLOBE NEWSWIRE) -- Biogen Inc. (Nasdaq: BIIB) – has completed the acquisition of Reata Pharmaceuticals, Inc. (Nasdaq: RETA), a company focused on developing therapeutics that regulate cellular metabolism and inflammation in serious neurologic diseases.
  • As a result of the transaction, Biogen has now acquired SKYCLARYS® (omaveloxolone), as well as other clinical and preclinical pipeline programs.
  • SKYCLARYS®, Reata Pharmaceuticals’ lead asset, was approved for the treatment of Friedreich’s ataxia (FA), a rare neuromuscular disorder, in the United States earlier this year.
  • The acquisition of Reata is expected to be slightly dilutive to Biogen’s Non-GAAP diluted Earnings Per Share (EPS) in 2023, roughly neutral in 2024, and significantly accretive beginning in 2025, inclusive of associated transaction costs.

UTStarcom Reports Unaudited Financial Results for First Half of 2023

Retrieved on: 
Wednesday, August 30, 2023

Operating expenses for the first half of 2023 were $5.8 million, compared to $4.1 million in the corresponding period in 2022.

Key Points: 
  • Operating expenses for the first half of 2023 were $5.8 million, compared to $4.1 million in the corresponding period in 2022.
  • Operating loss for the first half of 2023 was $4.0 million, compared to $2.8 million in the corresponding period in 2022.
  • Net interest income for the first half of 2023 was $0.9 million, compared to $0.8 million in the corresponding period in 2022.
  • Net other income for the first half of 2023 was $1.9 million, compared to $1.6 million in the corresponding period in 2022.

NICE Reports 23% Year-Over-Year Cloud Revenue Growth in Second Quarter 2023

Retrieved on: 
Thursday, August 17, 2023

Gross Profit: Second quarter 2023 gross profit was $391.4 million compared to $365.7 million for the second quarter of 2022.

Key Points: 
  • Gross Profit: Second quarter 2023 gross profit was $391.4 million compared to $365.7 million for the second quarter of 2022.
  • Operating Income: Second quarter 2023 operating income increased 24% to $105.4 million compared to $84.7 million for the second quarter of 2022.
  • Net Income: Second quarter 2023 net income increased 33% to $87.4 million compared to $65.6 million for the second quarter of 2022.
  • Non-GAAP Financial Highlights for the Second Quarter Ended June 30:
    Revenues: Second quarter 2023 total revenues increased 10% to $581.1 million compared to $530.6 million for the second quarter of 2022.

Know Labs, Inc. Reports Third Quarter FY2023 Results

Retrieved on: 
Monday, August 14, 2023

Know Labs, Inc. (NYSE American: KNW), an emerging developer of non-invasive medical diagnostic technology, today reported financial results for the third quarter ended June 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 third quarter ended June 30, 2023.
  • Research and development expense for the third quarter was $1.87 million dollars as compared to $1.27 million dollars in 2022.
  • As we have stated in our Third Quarter 10-Q, during 2023, we expect to raise additional funds through the issuance of preferred stock, convertible debentures, and equity.
  • Shareholder equity for the third quarter 2023 was $0.72 million versus $9.9 million as of September 30, 2022.

Jack in the Box Inc. Reports Third Quarter 2023 Earnings

Retrieved on: 
Wednesday, August 9, 2023

Operating Earnings Per Share(3), a non-GAAP measure, was $1.45 in the third quarter of fiscal 2023 compared with $1.38 in the prior year quarter.

Key Points: 
  • Operating Earnings Per Share(3), a non-GAAP measure, was $1.45 in the third quarter of fiscal 2023 compared with $1.38 in the prior year quarter.
  • Net earnings increased to $29.2 million for the third quarter of fiscal 2023, compared with $22.9 million for the third quarter of fiscal 2022.
  • Adjusted EBITDA(4), a non-GAAP measure, was $79.4 million in the third quarter of fiscal 2023 compared with $73.2 million for the prior year quarter.
  • The effective tax rate for the third quarter of fiscal year 2023 was 32.6% compared to 28.8% in the third quarter of fiscal year 2022.