Net income

Nu Holdings Ltd. Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, February 22, 2024
Professional Services, Payments, Technology, Finance, Fintech, Banking, Analysis, Investment, Holding, ROE, Net income, Yoy, Appendix, Webcast, Acceleration, FX, CSA, Ratio, Result, Security (finance), NU, International Financial Reporting Standards, International, Asset quality, Canadian Aviation Regulations, INSS, Conference, Central Bank of Brazil, IEP, NPL, Insurance, Prospectus, Annual report, Brazilian real, FXN, Bank

Nu Holdings Ltd. (NYSE: NU), (“Nu” or the “Company”), one of the world’s largest digital financial services platforms, released today its Fourth Quarter and Full Year 2023 financial results.

Key Points: 
  • Nu Holdings Ltd. (NYSE: NU), (“Nu” or the “Company”), one of the world’s largest digital financial services platforms, released today its Fourth Quarter and Full Year 2023 financial results.
  • Financial results are expressed in U.S. dollars and are presented in accordance with International Financial Reporting Standards (IFRS).
  • In Brazil, the customer base reached 87.8 million by December 31, 2023, representing 53% of the country’s adult population.
  • Nu is the fourth-largest financial institution by number of customers in the country, according to Brazilian Central Bank data.

KLX ENERGY SERVICES HOLDINGS, INC. REPORTS FOURTH QUARTER 2023 RESULTS

Retrieved on: 
Wednesday, March 6, 2024
Permian, Acquisition, Total, Net income, KLX, GAAP, ABL, Insurance, Pressure, Video game

Net loss for the fourth quarter of 2023 was $(9.2) million, compared to fourth quarter 2022 net income of $13.2 million.

Key Points: 
  • Net loss for the fourth quarter of 2023 was $(9.2) million, compared to fourth quarter 2022 net income of $13.2 million.
  • Adjusted net loss for the fourth quarter of 2023 was $(8.7) million, compared to fourth quarter 2022 adjusted net income of $12.7 million.
  • Adjusted EBITDA for the fourth quarter of 2023 was $23.0 million, compared to fourth quarter 2022 Adjusted EBITDA of $37.3 million.
  • Adjusted EBITDA margin for the fourth quarter of 2023 was 11.8%, compared to fourth quarter 2022 Adjusted EBITDA margin of 16.7%.

The Tel-Aviv Stock Exchange Reports the Results of the Financial Statements for the Fourth Quarter and Full Year 2023

Retrieved on: 
Wednesday, March 6, 2024
ISA, Initial public offering, Tel Aviv Stock Exchange, Ministry, POP, TEL, OTC, Bank, Investment, Marketing, Growth, ETF, AUM, Sale, The Clearing House, Clearing house, Government, Communication, Net income, Blinking, COCO, Judicial reform, Policy, TA-35, Corporation, Worldwide Angel, Bank statement, Jefferies, Video game

Revenues in the fourth quarter totaled NIS 101 million, compared to revenues of NIS 86 million in the corresponding quarter last year, an 18% increase.

Key Points: 
  • Revenues in the fourth quarter totaled NIS 101 million, compared to revenues of NIS 86 million in the corresponding quarter last year, an 18% increase.
  • The adjusted profit in 2023 totaled NIS 89 million, compared to NIS 51 million in 2022, an increase of 74%.
  • The adjusted profit in the fourth quarter totaled NIS 23 million, compared to NIS 13 million in the corresponding quarter last year, an increase of 70%.
  • TEL AVIV, Israel, March 6, 2024 /PRNewswire/ -- The Tel-Aviv Stock Exchange Ltd. (TASE: TASE) today announced its financial results for the fourth quarter ended December 31, 2023 and for 2023.

TriNet Announces Fourth Quarter, Fiscal Year 2023 Results, and Dividend Initiation

Retrieved on: 
Thursday, February 15, 2024
Cloud, Growth, Adjustment, Date, Net income, HCM, Luigi, TriNet

Ex-Dividend Date March 29, 2024, Dividend Record Date April 1, 2024, Dividend Payment Date April 22, 2024.

Key Points: 
  • Ex-Dividend Date March 29, 2024, Dividend Record Date April 1, 2024, Dividend Payment Date April 22, 2024.
  • I am very proud of what we created during my more than 15 years as President and CEO of TriNet.
  • "TriNet executed extraordinarily well throughout 2023 managing expenses prudently while investing in sales and service and executing against our capital plan which has culminated in our announced inaugural dividend.
  • In addition to announcing our fourth quarter 2023 results, we provide our first quarter and full-year 2024 guidance.

Opendoor Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, February 15, 2024
SAN, Net income, Wheeler, GAAP, Housing, Webcast, Cryptocurrency

SAN FRANCISCO, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today reported financial results for its fourth quarter and year ended December 31, 2023.

Key Points: 
  • SAN FRANCISCO, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today reported financial results for its fourth quarter and year ended December 31, 2023.
  • Opendoor’s fourth quarter and year-end 2023 financial results and management commentary can be accessed through the Company’s shareholder letter on the “Quarterly Reports” page of Opendoor’s investor relations website at https://investor.opendoor.com.
  • Our fourth quarter results exceeded the high end of our prior guidance ranges, demonstrating our ability to deliver, despite ongoing uncertainty in the housing market.
  • Opendoor will host a conference call to discuss its financial results on February 15, 2024, at 2:00 p.m. Pacific Time.

Monarch Casino & Resort Reports 2023 Fourth Quarter Financial Results

Retrieved on: 
Wednesday, February 14, 2024
Acquisition, Soil, F&B, County, Weather, Share repurchase, Form 10-K, City, Growth, Fraud, District court, Net income, Food, Adjustment, Annual report, Advertising, Safety, Health, Capital expenditure, COVID-19, Disagreement, Infection, Depreciation, Public expenditure, Capital, EPS, Insurance

Despite these factors and ongoing construction disruptions, we grew market share in the fourth quarter of 2023.

Key Points: 
  • Despite these factors and ongoing construction disruptions, we grew market share in the fourth quarter of 2023.
  • The slight decline in hotel revenue in the 2023 fourth quarter reflects increased competitive pressures in Reno.
  • During the 2023 fourth quarter, the Company made $2.5 million in principal payments on its credit facility.
  • Subsequent to the end of the fourth quarter, the Company paid down the remaining principal and currently has no outstanding long-term debt.

Udemy Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 14, 2024
Acquisition, Vii, Telephone, Share repurchase, Adjustment, ARR, Net income, GAAP, Webcast, Net, Consumer, Bank statement, Udemy, FX, Depreciation, Bank

SAN FRANCISCO, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today reported results for the three- and twelve-month periods ended December 31, 2023. Udemy also announced today in a separate news release that its Board of Directors approved its first share repurchase program.

Key Points: 
  • Udemy will host a conference call and webcast at 2:00 p.m. PT / 5:00 p.m.
  • ET today, Wednesday, February 14 to discuss its fourth quarter and full year 2023 financial results and outlook.
  • A link to the live webcast and recorded replay of the conference call will be available on the “ Quarterly Results ” section of Udemy’s Investor Relations website at https://investors.udemy.com/ .
  • Segment revenue represents the revenue recognized from our two segments, Enterprise (or Udemy Business), and Consumer.

Alithya reports notable performance improvement with record Gross Margin as a Percentage of Revenues and Adjusted EBITDA Margin

Retrieved on: 
Wednesday, February 14, 2024
Acquisition, Investment, Growth, DSO, Ratio, Net income, Information technology, Net, Depreciation, Cryptocurrency

"Adjusted EBITDA Margin" refers to the percentage of total revenue that Adjusted EBITDA represents for a given period.

Key Points: 
  • "Adjusted EBITDA Margin" refers to the percentage of total revenue that Adjusted EBITDA represents for a given period.
  • Our gross margin and our Adjusted EBITDA, as a percentage of revenues, both represent the highest percentages to date in Alithya's history as a publicly traded company.
  • Gross margin as a percentage of revenues increased to 31.3% for the three months ended December 31, 2023, from 30.0% for the three months ended December 31, 2022.
  • Adjusted EBITDA Margin was 7.8% for the three months ended December 31, 2023, compared to 7.7% for the three months ended December 31, 2022.

Urban Edge Properties Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 14, 2024
Other Retail, Retail, Department Stores, Commercial Building & Real Estate, Construction & Property, Acquisition, Collection, FFO, Regulation, National Association, Annual report, Investment, REIT, Growth, Table, Foot, Disclosure, Net income, Projection, Tenant, NOI, Income tax, GAAP, Judgement, Regulation Fair Disclosure, Real estate investment trust, White paper, Security (finance), Depreciation, Real estate

The Company is providing a projection of anticipated net income solely to satisfy the disclosure requirements of the Securities and Exchange Commission.

Key Points: 
  • The Company is providing a projection of anticipated net income solely to satisfy the disclosure requirements of the Securities and Exchange Commission.
  • There can be no assurance that our actual results will not differ from the guidance set forth above.
  • The Company uses certain non-GAAP performance measures, in addition to the primary GAAP presentations, as we believe these measures improve the understanding of the Company's operational results.
  • Our website also includes other financial information, including our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and amendments to those reports.

Imperial Petroleum Inc. Reports Fourth Quarter and Twelve Months 2023 Financial and Operating Results

Retrieved on: 
Tuesday, February 13, 2024
Depreciation, Share repurchase, IMPP, Sale, Calendar, Net income, Series, Suezmax, Dry dock, Aframax, Interest, EPS, Asset, Shipbuilding

ATHENS, Greece, Feb. 13, 2024 (GLOBE NEWSWIRE) -- IMPERIAL PETROLEUM INC. (NASDAQ: IMPP, the “Company”), a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, announced today its unaudited financial and operating results for the fourth quarter and twelve months ended December 31, 2023.

Key Points: 
  • ATHENS, Greece, Feb. 13, 2024 (GLOBE NEWSWIRE) -- IMPERIAL PETROLEUM INC. (NASDAQ: IMPP, the “Company”), a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, announced today its unaudited financial and operating results for the fourth quarter and twelve months ended December 31, 2023.
  • Drydocking costs for the three months ended December 31, 2023 and 2022 were $2.5 million and $1.9 million, respectively.
  • EBITDA for the three months ended December 31, 2023 amounted to $8.0 million, while Adjusted EBITDA for the three months ended December 31, 2023 amounted to $8.7 million.
  • EBITDA for the twelve months ended December 31, 2023 amounted to $82.8 million while Adjusted EBITDA for the twelve months ended December 31, 2023 amounted to $86.0 million.