Dilution

AES Reports Record Performance in 2023 & Raises Long-Term Guidance

Retrieved on: 
Monday, February 26, 2024

ARLINGTON, Va., Feb. 26, 2024 /PRNewswire/ -- The AES Corporation (NYSE: AES) today reported financial results for the year ended December 31, 2023.

Key Points: 
  • "Overall, 2023 was AES' best year ever in terms of both execution and financial performance.
  • Full year 2023 Net Income (Loss) was ($182) million, including $1.1 billion of impairments in 2023 primarily related to the Company's continued exit from coal-fired generation.
  • During full year 2023, the Company realized Tax Attributes5 of $611 million, an increase of $344 million compared to full year 2022.
  • The Company's 2024 guidance is based on foreign currency and commodity forward curves as of December 31, 2023.

The Trade Desk Reports Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Thursday, February 15, 2024

Discovery announced integration with UID2 across its premium entertainment, sports, news and lifestyle brands with its digital platforms, including Max and Discovery+.

Key Points: 
  • Discovery announced integration with UID2 across its premium entertainment, sports, news and lifestyle brands with its digital platforms, including Max and Discovery+.
  • Walmart Connect announced it is testing the integration of UID2 to inform decisioning across the open internet within the Walmart DSP.
  • The Company expects the variability of the above charges could have a significant and potentially unpredictable impact on our future U.S. GAAP financial results.
  • Accordingly, investors should monitor these channels in addition to The Trade Desk’s press releases, SEC filings, public conference calls and webcasts.

Perion’s Diversification Strategy Continues to Drive Strong Performance as Company Achieves Quarterly Growth in Search, CTV and Retail Media

Retrieved on: 
Wednesday, February 7, 2024

Revenue: Revenue increased by 12% to $234.2 million in the fourth quarter of 2023 from $209.7 million in the fourth quarter of 2022.

Key Points: 
  • Revenue: Revenue increased by 12% to $234.2 million in the fourth quarter of 2023 from $209.7 million in the fourth quarter of 2022.
  • The margin contraction was primarily due to product mix, partially offset by media buying optimization, which is enabled by leveraging data and buying power.
  • GAAP Net Income: GAAP net income increased by 18% to $117.4 million in 2023 from $99.2 million in 2022.
  • Cash Flow from Operations: Net cash provided by operating activities in 2023 was $155.5 million, a 27% increase from $122.1 million in 2022.

Ethan Allen Reports Fiscal 2024 Second Quarter Results Highlighted by Strong Margins and Robust Balance Sheet; Lower Sales Reflect Post Pandemic Economy

Retrieved on: 
Wednesday, January 24, 2024

DANBURY, CT, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) (NYSE: ETD), a leading interior design destination, today reported its financial and operating results for the fiscal 2024 second quarter ended December 31, 2023.

Key Points: 
  • DANBURY, CT, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) (NYSE: ETD), a leading interior design destination, today reported its financial and operating results for the fiscal 2024 second quarter ended December 31, 2023.
  • Farooq Kathwari, Ethan Allen’s Chairman, President and CEO commented, “We are pleased to report our financial and operating results for the fiscal 2024 second quarter ended December 31, 2023, marked by lower sales, strong gross and operating margins and a robust balance sheet.
  • The pandemic period, defined by us as fiscal years 2021 through 2023, had strong consumer focus on the home, high demand and major increases in sales.
  • Gross margin increased to 60.2% in our just completed second quarter compared to 55.2% for the quarter ending December 31, 2018.

Ghana is behind the curve on climate change laws: expert suggests a way to get corporations on board

Retrieved on: 
Tuesday, January 16, 2024

Ghana has introduced some climate change policies and general environmental regulations but has yet to pass a Climate Change Act.

Key Points: 
  • Ghana has introduced some climate change policies and general environmental regulations but has yet to pass a Climate Change Act.
  • Climate change law expert Kikelomo Kila sets out her findings in a recent paper on why Ghana must not follow the “command and control” regulatory approach.
  • Under the first approach, Ghana mostly relies on the Environmental Protection Agency Act (1994) to regulate climate change matters.
  • The problem with this approach is that climate change impacts are secondary to issues like land use and conservation.
  • The country’s climate change regulator, the National Council on Climate Change, instituted programmes and policies for key emissions sectors.
  • Read more:
    Climate change: 3 key goals Nigeria must focus on at COP28

    Your research paper recommends that Ghana follow an alternative approach to climate change regulation.

  • The government introduced the Climate Change Act 2016 and the Climate Change (Amendment) Act 2023 which combine prescriptive and economic tools.


Kikelomo Kila receives funding from the UK Economic and Social Research Council (ESRC) and the Arts and Humanities Research Council (AHRC).

Dollar General Corporation Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, December 7, 2023

Dollar General Corporation (NYSE: DG) today reported financial results for its fiscal 2023 third quarter (13 weeks) ended November 3, 2023.

Key Points: 
  • Dollar General Corporation (NYSE: DG) today reported financial results for its fiscal 2023 third quarter (13 weeks) ended November 3, 2023.
  • Operating profit for the third quarter of 2023 decreased 41.1% to $433.5 million compared to $735.5 million in the third quarter of 2022.
  • The effective income tax rate for the third quarter of 2023 was 21.3% compared to 22.8% in the third quarter of 2022.
  • Diluted EPS decreased 45.9% to $1.26 for the third quarter of 2023 compared to diluted EPS of $2.33 in the third quarter of 2022.

Advance Auto Parts Reports Third Quarter 2023 Results and Provides Updates on Strategic and Operational Review

Retrieved on: 
Wednesday, November 15, 2023

Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America, that serves both professional installer and do-it-yourself customers, announced its financial results for the third quarter ended October 7, 2023.

Key Points: 
  • Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America, that serves both professional installer and do-it-yourself customers, announced its financial results for the third quarter ended October 7, 2023.
  • “We are taking decisive actions to position Advance for long-term success and create meaningful value for our shareholders.
  • Today we are announcing initial actions from our review process that will allow us to capitalize on significant opportunities ahead.
  • We are taking significant steps to improve our cost structure and remain focused on returning the business to profitable growth.”

The Trade Desk Reports Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, November 9, 2023

Walmart Connect announced it is testing the integration of UID2 to inform decisioning across the open internet within the Walmart DSP.

Key Points: 
  • Walmart Connect announced it is testing the integration of UID2 to inform decisioning across the open internet within the Walmart DSP.
  • We expect the variability of the above charges could have a significant and potentially unpredictable impact on our future U.S. GAAP financial results.
  • Management believes these non-GAAP measures allow investors to evaluate the Company’s financial performance using some of the same measures as management.
  • Accordingly, investors should monitor these channels in addition to The Trade Desk’s press releases, SEC filings, public conference calls and webcasts.

National Vision Holdings, Inc. Reports Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, November 9, 2023

National Vision Holdings, Inc. (NASDAQ: EYE) (“National Vision” or the “Company”) today reported its financial results for the third quarter ended September 30, 2023.

Key Points: 
  • National Vision Holdings, Inc. (NASDAQ: EYE) (“National Vision” or the “Company”) today reported its financial results for the third quarter ended September 30, 2023.
  • Net revenue includes a (0.3%) impact from the timing of unearned revenue in the current-year quarter compared with the prior-year quarter.
  • Comparable store sales growth was negatively impacted by the effects of unearned and deferred revenue in the current-year quarter compared with the prior-year quarter.
  • Year to date through September 30, 2023, National Vision repurchased approximately 1.1 million shares for $25.0 million.

COPT Defense Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, October 26, 2023

COPT Defense Properties (“COPT Defense” or the “Company”) (NYSE: CDP) announced results for the third quarter ended September 30, 2023.

Key Points: 
  • COPT Defense Properties (“COPT Defense” or the “Company”) (NYSE: CDP) announced results for the third quarter ended September 30, 2023.
  • Stephen E. Budorick, COPT Defense’s President & Chief Executive Officer, commented, “Our Defense/IT investment strategy, which has concentrated our portfolio near priority U.S. defense installations, continues to produce strong results.
  • Our third quarter results were solid, with FFO per share at the midpoint of our guidance range, which led us to narrow the full-year guidance range.
  • Lease Terms: In the quarter ended September 30, 2023, lease terms averaged 4.2 years on renewing leases and 8.4 years on vacancy leasing.