Comprehensive income

Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for March 2024, includes Reg.-NMS Execution Statistics

Retrieved on: 
Monday, April 1, 2024
Fintech, Asset Management, Professional Services, Finance, VWAP, FDIC, Samsung Galaxy Note 7, Accumulated other comprehensive income, Investment, IBKR, Samsung Galaxy Note 3, Darts, Samsung Galaxy Note 4, Comprehensive income

Note 1: Daily Average Revenue Trades (DARTs) – customer orders divided by the number of trading days in the period.

Key Points: 
  • Note 1: Daily Average Revenue Trades (DARTs) – customer orders divided by the number of trading days in the period.
  • Note 2: FDIC insured client bank deposit sweep program balances with participating banks.
  • These deposits are not reported in the Company’s statement of financial condition.
  • More information, including historical results for each of the above metrics, can be found on the investor relations page of the Company’s corporate web site, www.interactivebrokers.com/ir .

InfuSystem Announces Operational and Financial Results for Fourth Quarter and Full Year 2023

Retrieved on: 
Thursday, March 14, 2024
Medical Devices, Medical Supplies, Hospitals, Professional Services, Practice Management, Other Health, General Health, Health, Oncology, Other Professional Services, Annual report, Forecasting, Growth, Patient, Travel, Capital expenditure, Sale, Public expenditure, Form 10-K, Long-term care, Risk, Bank statement, Adjustment, History, Comprehensive income, Depreciation, GAAP, Marketing, NPWT, Pharmaceutical industry

Gross profit for the fourth quarter of 2023 of $16.7 million increased $1.2 million, or 8%, from $15.5 million for the fourth quarter of 2022.

Key Points: 
  • Gross profit for the fourth quarter of 2023 of $16.7 million increased $1.2 million, or 8%, from $15.5 million for the fourth quarter of 2022.
  • Selling and marketing expenses for the fourth quarter of 2023 were $3.7 million, representing an increase of $0.8 million, or 25%, as compared to the fourth quarter of 2022.
  • General and administrative (“G&A”) expenses for the fourth quarter of 2023 were $11.5 million, an increase of 3% from $11.2 million for the fourth quarter of 2022.
  • The Company will conduct a conference call for all interested investors on March 14, 2024, at 9:00 a.m. Eastern Time to discuss its fourth quarter and full year 2023 financial results.

RadNet Reports Fourth Quarter 2023 Results, Including Record Revenue and Adjusted EBITDA(1), Releases 2024 Financial Guidance and Forms a New Digital Health Reporting Segment

Retrieved on: 
Thursday, February 29, 2024
Cloud, Acquisition, Digital health, EBCD, LOS, AI, Investment, De novo, Growth, Imaging, Lung, Adjustment, Breast, Comprehensive income, Information technology, Mammography, RadNet, Google Images, Software, Artificial intelligence, MRI, PET/CT, Video game

Dr. Howard Berger, President and Chief Executive Officer of RadNet, commented, “Record Revenue and Adjusted EBITDA(1) in the fourth quarter enabled us to exceed our 2023 full-year revised guidance ranges, ranges that were increased several times throughout 2023.

Key Points: 
  • Dr. Howard Berger, President and Chief Executive Officer of RadNet, commented, “Record Revenue and Adjusted EBITDA(1) in the fourth quarter enabled us to exceed our 2023 full-year revised guidance ranges, ranges that were increased several times throughout 2023.
  • Adjusted EBITDA(1) margins in the Imaging Center segment improved in the fourth quarter of 2023 relative to 2022 by 30 basis points, from 16.1% to 16.4%.”
    “During 2023, we carefully managed liquidity and financial leverage.
  • Including our AI reporting segment, total company Revenue was $420.4 million in the fourth quarter of 2023, an increase of 9.5% from $383.9 million in last year’s fourth quarter.
  • For full-year 2023, RadNet reported Revenue from its Imaging Center reporting segment of $1,604 million and Adjusted EBITDA(1) Excluding Losses from the AI reporting segment of $245.1 million.

Grocery Outlet Holding Corp. Announces Fourth Quarter and Fiscal 2023 Financial Results

Retrieved on: 
Tuesday, February 27, 2024
Acquisition, Tax, UGO, GAAP, Comprehensive income, Depreciation

EMERYVILLE, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") today announced financial results for the fourth quarter and full fiscal year 2023 ended December 30, 2023.

Key Points: 
  • (3) Includes $125 million for the second through fourth quarters of fiscal 2024 from acquisition of UGO.
  • (4) Includes $7 million for the second through fourth quarters of fiscal 2024 from acquisition of UGO.
  • (5) Includes $15 million for the second through fourth quarters of fiscal 2024 related to anticipated capital improvements for UGO locations.
  • A conference call to discuss the fourth quarter and full fiscal 2023 financial results is scheduled for today, February 27, 2024 at 4:30 p.m. Eastern Time.

Churchill Downs Incorporated Reports 2023 Fourth Quarter and Full Year Results

Retrieved on: 
Wednesday, February 21, 2024
Acquisition, Accounting, Investment, Share repurchase, News, Work, Chicago Bears, River, Richard L. Duchossois, Sale, Adjustment, GAAP, Comprehensive income, Tax, EPS, Nemacolin Woodlands Resort, Depreciation, Cryptocurrency

Adjusted EBITDA for the fourth quarter of 2023 decreased $0.2 million from the prior year quarter due to an increase in corporate compensation expenses driven by enterprise growth.

Key Points: 
  • Adjusted EBITDA for the fourth quarter of 2023 decreased $0.2 million from the prior year quarter due to an increase in corporate compensation expenses driven by enterprise growth.
  • The Company repurchased 151,394 shares of its common stock at an average share price of approximately $118.97 based on trade date under its share repurchase program in the fourth quarter of 2023.
  • The Company's fourth quarter 2023 net income was $57.6 million compared to $1.0 million in the prior year quarter.
  • Arlington's results and exit costs in 2022 and 2023 are treated as an adjustment to EBITDA.

Merchants & Marine Bancorp, Inc. Announces 2023 Financial Results

Retrieved on: 
Tuesday, February 27, 2024
Banking, Professional Services, Finance, Federal Reserve Bank, Balance sheet, Federal Home Loan Banks, Agility, Growth, Family, Merchant, Nature, Government, Federal Reserve, Resource, Federal, Federal funds, COVID-19, Comprehensive income, History, AOCI, Great Depression, Federal funds rate, OTCQX, Bank

Merchants & Marine Bancorp, Inc. (OTCQX: MNMB), the parent company of Merchants & Marine Bank, reported net income during 2023 of $6.29 million, or $4.73 per share, compared with earnings of $3.14 million, or $2.36 per share, in the prior year.

Key Points: 
  • Merchants & Marine Bancorp, Inc. (OTCQX: MNMB), the parent company of Merchants & Marine Bank, reported net income during 2023 of $6.29 million, or $4.73 per share, compared with earnings of $3.14 million, or $2.36 per share, in the prior year.
  • Loans continued to grow in 2023, although at a slower pace than in recent years, with annual loan growth of 4.81%.
  • Total interest income for 2023 increased to $31.09 million from $23.78 million in 2022, a lift of 30.73%.
  • “We are very pleased with our team’s superior performance in 2023, and the strong financial results they produced,” remarked Clayton Legear, the Company’s Chief Executive Officer.

Jackson Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 21, 2024
Consulting, Accounting, Professional Services, Finance, Total, Jackson National Life, AUM, RBC, Accumulated other comprehensive income, Comprehensive income, JXN, AOCI, Mortality, Movement, Partnership, Insurance

Jackson Financial Inc. (NYSE: JXN) (Jackson®) today announced financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Jackson Financial Inc. (NYSE: JXN) (Jackson®) today announced financial results for the fourth quarter and full year ended December 31, 2023.
  • Net income (loss) attributable to Jackson Financial Inc. common shareholders of $(1.6) billion, or $(19.64) per diluted share in the fourth quarter of 2023, compared to $(1.2) billion, or $(13.74) per diluted share in the fourth quarter of 2022
    Adjusted operating earnings1 of $204 million, or $2.53 per diluted share in the fourth quarter of 2023, compared to $294 million, or $3.39 per diluted share in the fourth quarter of 2022.
  • The lower current quarter net income also reflects an $841 million loss from business reinsured to third parties, while the prior year’s fourth quarter included a loss of $157 million.
  • The results of this reinsured business do not impact our statutory capital or free cash flow and can be volatile quarter to quarter.

Ledyard Financial Group Reports Q4 2023 and Full-Year 2023 Earnings and Declares Quarterly Dividend

Retrieved on: 
Friday, February 9, 2024
Banking, Professional Services, Finance, Federal, Accumulated other comprehensive income, CFO, Investment, Growth, Federal Reserve, Boston, LFA, Credit, Marketing, AOCI, Comprehensive income, CECL, NIM, AUM, ACL, Liability, FY, Cryptocurrency

Ledyard Financial Group, Inc. (“The Company”, ticker symbol: LFGP), the holding company for Ledyard National Bank, today announced financial results for Q4 2023 and Full-Year (FY) 2023.

Key Points: 
  • Ledyard Financial Group, Inc. (“The Company”, ticker symbol: LFGP), the holding company for Ledyard National Bank, today announced financial results for Q4 2023 and Full-Year (FY) 2023.
  • Non-interest revenue for Q4 2023 amounted to $3.6 million, up from $3.5 million and $123 thousand in Q3 2023 and Q4 2022, respectively.
  • Revenue from Ledyard Financial Advisors (LFA) amounted to $3.2 million for Q4 2023, essentially unchanged from Q3 2023, but up $184 thousand from $3.0 million in Q4 2022.
  • Non-interest expense in Q4 2023 was $7.0 million compared to $7.1 million in Q3 2023 and in Q4 2022, a decrease of $60 thousand compared to both Q3 2023 and Q4 2022.

OXFORD BANK CORPORATION ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 OPERATING RESULTS

Retrieved on: 
Tuesday, February 6, 2024
Availability, Growth, SBA, Release, ACL, Tier 1 capital, Interest, Environment, AFS, Comprehensive income, NPAS, Investment, Asset, NIM, Behavior, Total, Futures contract, Risk, Culture, Bank, Corporation, Small business, Probability

OXFORD, Mich., Feb. 6, 2024 /PRNewswire/ -- Oxford Bank Corporation ("the Company") (OTC Bulletin Board: OXBC), the holding company for Oxford Bank ("the Bank"), today announced operating results for the fourth quarter ended December 31, 2023.

Key Points: 
  • OXFORD, Mich., Feb. 6, 2024 /PRNewswire/ -- Oxford Bank Corporation ("the Company") (OTC Bulletin Board: OXBC), the holding company for Oxford Bank ("the Bank"), today announced operating results for the fourth quarter ended December 31, 2023.
  • Total Assets of the Company were $816.67 million as of December 31, 2023, compared to $792.65 million at December 31, 2022.
  • Oxford Bank is a subsidiary of Oxford Bank Corporation, a registered holding company.
  • In addition, Oxford Bank has business banking/commercial finance centers in Phoenix, AZ., Wixom, downtown Oxford, and Flint, Michigan.

Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for January 2024, includes Reg.-NMS Execution Statistics

Retrieved on: 
Thursday, February 1, 2024
Professional Services, Finance, IBKR, Samsung Galaxy Note 3, Accumulated other comprehensive income, Samsung Galaxy Note 4, Darts, Comprehensive income, VWAP, FDIC, Bank

Note 1: Daily Average Revenue Trades (DARTs) – customer orders divided by the number of trading days in the period.

Key Points: 
  • Note 1: Daily Average Revenue Trades (DARTs) – customer orders divided by the number of trading days in the period.
  • Note 2: FDIC insured client bank deposit sweep program balances with participating banks.
  • Note 6: Consistent with the clients’ trading activity, the computed VWAP benchmark includes extended trading hours.
  • More information, including historical results for each of the above metrics, can be found on the investor relations page of the Company’s corporate web site, www.interactivebrokers.com/ir .