Net income

DBGI Reaffirms its 2024 Guidance and Commits to No Equity Offerings for 2024

Retrieved on: 
Tuesday, February 13, 2024
Acquisition, Net income, Collection, Growth, Digital, Customer, LTV

Additionally, the Company commits to no equity offerings for 2024.

Key Points: 
  • Additionally, the Company commits to no equity offerings for 2024.
  • The Company has achieved revenue scale with its Sundry acquisition, while it also reduced operating costs by an additional $1 million for 2024.
  • "We are excited to showcase our commitment to shareholder growth in 2024, which includes (1) the commitment of no equity offerings for 2024 and (2) our continued review of strategic alternatives, especially given our assets and operating forecast relative to our public market value.
  • We believe this approach allows us opportunities to successfully drive Lifetime Value ("LTV") while increasing new customer growth.

Unitil Reports Year-End Earnings

Retrieved on: 
Tuesday, February 13, 2024
Depreciation, Regulation, Tax, Weather, Electricity, Natural gas, Retirement, Earnings per share, Net income, Unitil Corporation, Suits index, Heat, GAAP, O&M, EPS

“As we head into 2024, we remain focused on the issues that matter most — safety, reliability, affordability and financial discipline.

Key Points: 
  • “As we head into 2024, we remain focused on the issues that matter most — safety, reliability, affordability and financial discipline.
  • The increase was driven by higher rates and customer growth of $5.3 million, partially offset by higher depreciation and amortization expense of $0.6 million.
  • Electric Adjusted Gross Margin (a non-GAAP financial measure1) was $104.1 million in 2023, an increase of $5.3 million compared with 2022.
  • The Company’s earnings are seasonal and are typically higher in the first and fourth quarters when customers use natural gas for heating purposes.

ZoomInfo Announces Fourth Quarter and Full-Year 2023 Financial Results

Retrieved on: 
Monday, February 12, 2024
Software, Search Engine Marketing, Marketing, Data Management, Communications, Small Business, Professional Services, Technology, Acquisition, PIN, Call, Risk, Annual report, Telephone, Investment, ZoomInfo, Net income, Ratio, ACV, GAAP, Tax, Security (finance), TRA, Bank statement

Following the conference call, an archived webcast of the call will be available for one year on ZoomInfo’s Investor Relations website.

Key Points: 
  • Following the conference call, an archived webcast of the call will be available for one year on ZoomInfo’s Investor Relations website.
  • This information should be read only in conjunction with our consolidated financial statements prepared in accordance with GAAP.
  • We expect the variability of these excluded items may have a significant, and potentially unpredictable, impact on our future GAAP financial results.
  • Therefore, we cannot assure you that actual results will not differ materially from those expressed or implied by our forward-looking statements.

Beasley Broadcast Group Reports Fourth Quarter Revenue of $65.7 Million and Diluted EPS of $0.21

Retrieved on: 
Monday, February 12, 2024
Operating cost, Overwatch, WJBR-FM, KXTE-FM, Investment, Marketing, Growth, Sale, Net income, Adjustment, Webcast, Activision, Houston Outlaws, Net, Microsoft, Software, Video game

NAPLES, Fla., Feb. 12, 2024 (GLOBE NEWSWIRE) -- Beasley Broadcast Group, Inc. (Nasdaq: BBGI) (“Beasley” or the “Company”), a multi-platform media company, today announced operating results for the three- and twelve-month periods ended December 31, 2023. For further information, the Company has posted a presentation to its website regarding the fourth quarter highlights and accomplishments that management will review on today’s conference call.

Key Points: 
  • Beasley reported fourth quarter operating income of $7.6 million, an increase of $39.3 million compared to an operating loss of $31.7 million in the fourth quarter of 2022.
  • Adjusted EBITDA (a non-GAAP financial measure) was $4.7 million in the fourth quarter of 2023 compared to $9.9 million in the fourth quarter of 2022.
  • Net revenues for the 2023 fourth quarter and full year decreased by $6.3 million and $9.3 million, respectively.
  • While macroeconomic pressures held fourth quarter digital revenue flat compared to the prior year, Beasley delivered meaningful full-year digital revenue growth, up 11.4% year-over-year.

PetMeds® Announces Selected Preliminary Third Quarter Financial Results

Retrieved on: 
Thursday, February 8, 2024
Report, PetMed Express, Audit committee, Acquisition, RSM US, History, Growth, GAAP, Net income, Cost, Annual report, Bank statement, Webcast, PETS, LLP, WalletHub, RSM, Parent, Cryptocurrency

DELRAY BEACH, Fla., Feb. 08, 2024 (GLOBE NEWSWIRE) -- PetMed Express, Inc. (NASDAQ: PETS) (“PetMeds” or the “Company”), Your Trusted Pet Health ExpertTM, today announced its selected preliminary financial results for its third quarter ended December 31, 2023.

Key Points: 
  • DELRAY BEACH, Fla., Feb. 08, 2024 (GLOBE NEWSWIRE) -- PetMed Express, Inc. (NASDAQ: PETS) (“PetMeds” or the “Company”), Your Trusted Pet Health ExpertTM, today announced its selected preliminary financial results for its third quarter ended December 31, 2023.
  • These preliminary financial results are unaudited, based on currently available information and do not present all necessary information for a complete understanding of the Company’s financial condition as of December 31, 2023 or its results of operations for the quarter ended December 31, 2023.
  • Gross margin improved to 27.4% in the quarter ended December 31, 2023 from 25.9% in the prior year period.
  • This afternoon the Company will host a conference call to review selected preliminary third quarter financial results.

IQST - iQSTEL Publishes Pro Forma Financial Statement in Conjunction with QXTEL Acquisition

Retrieved on: 
Thursday, February 8, 2024
Acquisition, Net income, Pro forma

NEW YORK, Feb. 8, 2024 /PRNewswire/ -- iQSTEL Inc. (OTC-QX: IQST) today announced the company has published a Pro Forma financial statement on SEC Form 8K/A in conjunction with the recently announced acquisition of QXTEL making iQSTEL's revenue a Quarter Billion on an annual basis.

Key Points: 
  • NEW YORK, Feb. 8, 2024 /PRNewswire/ -- iQSTEL Inc. (OTC-QX: IQST) today announced the company has published a Pro Forma financial statement on SEC Form 8K/A in conjunction with the recently announced acquisition of QXTEL making iQSTEL's revenue a Quarter Billion on an annual basis.
  • The 8K/A Pro Forma disclosure (Super 8K) that represents the combination of the financial results of iQSTEL and QXTEL from January 1, 2023, through September 30, 2023 (nine months), was based on work initiated last September when iQSTEL's audit firm began work to review QXTEL's financial records and bring them into compliance with US GAAP accounting standards.
  • We also can highlight that over the 9 months from January 1, 2023, to September 30, 2023, QXTEL contributed $0.98 million in Operating Income and $0.78 million in Net Income.
  • Materials of the recent Shareholder meeting conducted January 31, 2024

Liquidity Services Announces First Quarter Fiscal Year 2024 Financial Results

Retrieved on: 
Thursday, February 8, 2024
EPS, Growth, Net income, Delinquent, GAAP, Procurement, Acceleration, ETR, Tax, Adjustment, RSCG, Depreciation, CAG, Acquisition, Sale, GMV, Transaction, Person, Retail

BETHESDA, Md., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT; www.liquidityservices.com), a leading global commerce company powering the circular economy, today announced its financial results for the quarter ended December 31, 2023, as compared to the corresponding prior year quarter:

Key Points: 
  • Our fiscal second quarter 2024 guidance reflects sequential increases from our fiscal first quarter 2024 results, including an expected seasonal improvement for our RSCG segment during the post-holiday return season.
  • Our fiscal second quarter 2024 guidance range reflects the potential for a new quarterly record for GMV at the mid-point of our guidance range with normalized growth in our profitability metrics.
  • CAG enters the fiscal second quarter with a robust pipeline, including from several large projects delayed from this past fiscal first quarter, that should drive both sequential and year-over-year growth.
  • We expect our segment direct profits as a percentage of total revenues to increase year-over-year, while remaining a similar ratio as our fiscal first quarter 2024 results.

MasterCraft Boat Holdings, Inc. Reports Results for Fiscal 2024 Second Quarter

Retrieved on: 
Wednesday, February 7, 2024
Growth, Net income, GAAP, Telephone, Absorption, Exercise, Public expenditure, Marketing, ID, EST, Webcast, Share repurchase, Security (finance)

VONORE, Tenn., Feb. 07, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2024 second quarter ended December 31, 2023.

Key Points: 
  • VONORE, Tenn., Feb. 07, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2024 second quarter ended December 31, 2023.
  • Gross margin percentage declined 520 basis points during the second quarter of fiscal 2024, when compared to the same prior-year period.
  • Adjusted EBITDA was $9.8 million for the second quarter of fiscal 2024, compared to $29.8 million in the prior-year period.
  • MasterCraft Boat Holdings, Inc. will host a live conference call and webcast to discuss fiscal second quarter 2024 results today, February 7, 2024, at 8:30 a.m. EST.

The AZEK Company Announces Strong First Quarter Fiscal 2024 Results Driven by Underlying Residential Segment Demand and Execution of Margin Expansion Initiatives; Raises Full-Year Fiscal 2024 Net Sales and Adjusted EBITDA Outlook

Retrieved on: 
Tuesday, February 6, 2024
Residential Building & Real Estate, Other Retail, Manufacturing, Construction & Property, Landscape, Specialty, Building Systems, Other Manufacturing, Retail, Home Goods, Chemicals, Plastics, EPS, Growth, Regulation, Recycling, Disclosure, Capital expenditure, Adjustment, Commercial, Line of credit, Depreciation, Regulation Fair Disclosure, Net income, ID, AIMS, Sale, ASR, Share repurchase

Our Residential segment grew net sales 24% year-over-year driven by strong underlying sell-through growth in our Deck, Rail & Accessories as well as our Exteriors categories,” said Jesse Singh, CEO of The AZEK Company.

Key Points: 
  • Our Residential segment grew net sales 24% year-over-year driven by strong underlying sell-through growth in our Deck, Rail & Accessories as well as our Exteriors categories,” said Jesse Singh, CEO of The AZEK Company.
  • “Within the quarter, we realized margin improvement compared to the prior year driven by normalized manufacturing utilization and material savings.
  • Once again, I would like to thank the entire AZEK team and our partners that support The AZEK Company,” said Mr. Singh.
  • “We are raising our full-year 2024 outlook driven by our first quarter results as well as our increased visibility and confidence in our margin drivers.

Chegg Reports 2023 Fourth Quarter and Full Year Financial Results

Retrieved on: 
Monday, February 5, 2024
Software, Internet, Artificial Intelligence, Continuing, Technology, University, Education, Training, Business model, Security (finance), Growth, Net income, CFO, GAAP, Share repurchase, History, AI, Regulation, Disclosure, Adjustment, Workforce, Investment, Artificial intelligence, Hand, Event, Regulation Fair Disclosure, Total, Mouth, Learning, CHGG, Culture, Algorithm, Student, Textbook, ASR, Conference, Music

Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today reported financial results for the three and twelve months ended December 31, 2023.

Key Points: 
  • Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today reported financial results for the three and twelve months ended December 31, 2023.
  • Subscription Services includes revenues from our Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, and Busuu offerings.
  • While early, our packaging, pricing, and product strategy are yielding encouraging results for both students and our business.
  • Today, I will discuss our financial performance for the fourth quarter and full year 2023, as well as our outlook for the first quarter of 2024.