Depreciation

W&T Offshore Announces Fourth Quarter and Full Year 2023 Results Including Year-End 2023 Proved Reserves, Provides Guidance for 2024, and Declares Dividend for First Quarter of 2024

Retrieved on: 
Tuesday, March 5, 2024

Detailed guidance for the first quarter of 2024 and full year 2024 was also provided, and W&T announced its dividend for the first quarter of 2024.

Key Points: 
  • Detailed guidance for the first quarter of 2024 and full year 2024 was also provided, and W&T announced its dividend for the first quarter of 2024.
  • We remain committed to enhancing shareholder value and returning value to our shareholders through the quarterly dividend announced in November 2023.
  • The W&T year-end 2023 proved reserves do not include the 18.7 MMBoe of proved reserves acquired in early January 2024 for $72 million.
  • W&T’s reserve life ratio at year-end 2023, based on year-end 2023 proved reserves and 2023 production, was 9.7 years.

One Liberty Properties Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, March 5, 2024

GREAT NECK, N.Y., March 05, 2024 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE: OLP), a real estate investment trust focused primarily on net leased industrial properties, today announced operating results for the quarter and year ended December 31, 2023.

Key Points: 
  • Total operating expenses in the fourth quarter of 2023 were $14.3 million compared to $14.2 million for the three months ended December 31, 2022.
  • For the fourth quarter of 2023 net expenses were $5.2 million compared to net expenses of $4.6 million in the corresponding period of 2022.
  • Gain on sale of real estate was $12.0 million for the quarter ended December 31, 2023.
  • Acquisitions and dispositions in 2022 and 2023 contributed, on a net basis, approximately $1.8 million to 2023 rental income.

The York Water Company Reports 2023 Annual And Fourth Quarter Results

Retrieved on: 
Tuesday, March 5, 2024

YORK, Pa., March 05, 2024 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President and CEO, JT Hand, announced the Company's 2023 financial results.

Key Points: 
  • YORK, Pa., March 05, 2024 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President and CEO, JT Hand, announced the Company's 2023 financial results.
  • President Hand reported that 2023 operating revenues of $71,031,000 increased $10,970,000 and net income of $23,757,000 increased $4,177,000 compared to 2022.
  • President Hand also reported that for the fourth quarter of 2023 operating revenues increased $2,985,000 and net income increased $1,001,000 compared to the fourth quarter of 2022.
  • Basic and Diluted Earnings per share of $0.42 for the fourth quarter of 2023 increased $0.07 compared to the same period last year.

NIO Inc. Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, March 5, 2024

SHANGHAI, China, March 05, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Vehicle sales in the fourth quarter of 2023 were RMB15,438.7 million (US$2,174.5 million), representing an increase of 4.6% from the fourth quarter of 2022 and a decrease of 11.3% from the third quarter of 2023.
  • Other sales in the fourth quarter of 2023 were RMB1,664.5 million (US$234.4 million), representing an increase of 27.6% from the fourth quarter of 2022 and an increase of 0.4% from the third quarter of 2023.
  • Gross margin in the fourth quarter of 2023 was 7.5%, compared with 3.9% in the fourth quarter of 2022 and 8.0% in the third quarter of 2023.
  • Vehicle margin in the fourth quarter of 2023 was 11.9%, compared with 6.8% in the fourth quarter of 2022 and 11.0% in the third quarter of 2023.

Village Super Market, Inc. Reports Results for the Second Quarter Ended January 27, 2024

Retrieved on: 
Tuesday, March 5, 2024

SPRINGFIELD, N.J., March 05, 2024 (GLOBE NEWSWIRE) -- Village Super Market, Inc. (NASDAQ:VLGEA) (the "Company" or "Village") today reported its results of operations for the second quarter ended January 27, 2024.

Key Points: 
  • SPRINGFIELD, N.J., March 05, 2024 (GLOBE NEWSWIRE) -- Village Super Market, Inc. (NASDAQ:VLGEA) (the "Company" or "Village") today reported its results of operations for the second quarter ended January 27, 2024.
  • The effective income tax rate was 31.5% in the 13 weeks ended January 27, 2024 compared to 30.9% in the 13 weeks ended January 28, 2023.
  • Sales were $1,111.9 million in the 26 weeks ended January 27, 2024 compared to $1,083.6 million in the 26 weeks ended January 28, 2023.
  • The effective income tax rate was 31.5% in the 26 weeks ended January 27, 2024 compared to 30.9% in the 26 weeks ended January 28, 2023.

First Watch Restaurant Group, Inc. Reports Strong 2023 Financial Results and Provides 2024 Outlook

Retrieved on: 
Tuesday, March 5, 2024

At December 31, 2023, there were 327 restaurants in the one-year Comparable Restaurant Base and 205 restaurants in the four-year Comparable Restaurant Base.

Key Points: 
  • At December 31, 2023, there were 327 restaurants in the one-year Comparable Restaurant Base and 205 restaurants in the four-year Comparable Restaurant Base.
  • At December 31, 2023, there were 327 restaurants in the one-year Comparable Restaurant Base and 205 restaurants in the four-year Comparable Restaurant Base.
  • Restaurant level operating profit: a non-GAAP measure, is defined as restaurant sales, less restaurant operating expenses, which include food and beverage costs, labor and other related expenses, other restaurant operating expenses, pre-opening expenses and occupancy expenses.
  • Restaurant level operating profit margin: a non-GAAP measure, is defined as Restaurant level operating profit as a percentage of restaurant sales.

American Airlines to detail strategy for long-term growth and value creation at 2024 Investor Day

Retrieved on: 
Monday, March 4, 2024

Capitalizing on the competitive advantages of its network, which is uniquely positioned to adapt to changing consumer trends.

Key Points: 
  • Capitalizing on the competitive advantages of its network, which is uniquely positioned to adapt to changing consumer trends.
  • Attracting and retaining customers with AAdvantage®, American’s industry-leading travel rewards program.
  • A copy of the presentation that will be shared at the event is also available on American’s Investor Relations website.
  • The company believes these non-GAAP financial measures may also provide useful information to investors and others.

Bitdeer Pre-Announces Financial and Operating Results for the Fourth Quarter of 2023

Retrieved on: 
Monday, March 4, 2024

SINGAPORE, March 04, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced selected estimated unaudited preliminary financial and operating results for the fourth quarter ended December 31, 2023.

Key Points: 
  • SINGAPORE, March 04, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced selected estimated unaudited preliminary financial and operating results for the fourth quarter ended December 31, 2023.
  • Cash and cash equivalents of approximately US$144.7 million as of December 31, 2023, compared to US$231.4 million as of December 31, 2022.
  • Total power usage of approximately 1,336,000 MWH across the Company’s six mining datacenters in the fourth quarter of 2023.
  • Average cost of electricity of approximately US$44/MWH in the fourth quarter of 2023.

Monument Reports Second Quarter Fiscal 2024 (“Q2 FY2024”) Results

Retrieved on: 
Friday, March 1, 2024

The mill processed 192,217 tonnes of sulphide ore, achieving a head grade of 1.55g/t and a recovery rate of 71.10%.

Key Points: 
  • The mill processed 192,217 tonnes of sulphide ore, achieving a head grade of 1.55g/t and a recovery rate of 71.10%.
  • Availability of the flotation plant also improved at 90% during Q2 2024 as a result of ongoing optimization.
  • Accommodation and catering facilities were fully operational during the quarter and equipped to support administrative, exploration, and mining activities.
  • Both Monument and Odyssey agreed to defer the payment by six months after the date of satisfaction of the milestone, specifically by February 2, 2024.

Colabor Group Reports Results for the Fourth Quarter and Fiscal 2023, Completes With Success the Relocation to Its New Distribution Center and Announces the Acquisition of Assets Related to Foodservice Sector

Retrieved on: 
Thursday, February 29, 2024

It is defined as net debt / adjusted EBITDA less lease liability payments for the last four quarters.

Key Points: 
  • It is defined as net debt / adjusted EBITDA less lease liability payments for the last four quarters.
  • On a comparable basis, our fourth quarter results show revenue growth of 5.8%, while our adjusted EBITDA(1) increased by 18.2%.
  • “During the fourth quarter, we also completed the relocation of our wholesale activities and our head office to our new strategic center in Saint-Bruno-de-Montarville.
  • Consolidated sales for the fourth quarter were $196.3 million, an increase of 1.6% compared to $193.2 million during the corresponding quarter of 2022.