RPO

Sprout Social Announces Fourth Quarter 2023 Financial Results Above Guidance Range

Retrieved on: 
Tuesday, February 20, 2024
Online, G2, CFO, SMB, Reddit, Social media, American Honda Motor Company, SPT, Nationwide, Average cost, Growth, Hospital, Sprout, Commerce, The CW, DHL International Aviation ME, Panasonic, BD (company), Parent, ARR, RPO, GAAP, CoStar Group, Brown–Forman, Central Time, Software, Partnership, Video game

CHICAGO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced financial results for its fourth quarter ended December 31, 2023.

Key Points: 
  • CHICAGO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced financial results for its fourth quarter ended December 31, 2023.
  • “We’re pleased to share incredibly strong fourth quarter results,” said Justyn Howard, Sprout Social’s CEO and co-founder.
  • Non-GAAP operating income was $1.7 million, compared to $0.6 million in the fourth quarter of 2022.
  • Non-GAAP net income was $1.0 million, compared to $1.8 million in the fourth quarter of 2022.

Arteris Announces Financial Results for the Fourth Quarter and Full Year 2023 and Estimated First Quarter and Full Year 2024 Guidance

Retrieved on: 
Tuesday, February 20, 2024
ISO, AI, ISO 9001:2015, Quality management system, Generative, Electronics, TTM, Communication, ASIL D, Synthetic media, ACV, RPO, GAAP, AIP, Certification, Family, Acceleration, Arteris, IP, SOC

CAMPBELL, Calif., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Arteris, Inc. (Nasdaq: AIP), a leading provider of system IP which accelerates system-on-chip (SoC) creation, today announced financial results for the fourth quarter and year ended December 31, 2023 and provided first quarter and full year 2024 guidance.

Key Points: 
  • CAMPBELL, Calif., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Arteris, Inc. (Nasdaq: AIP), a leading provider of system IP which accelerates system-on-chip (SoC) creation, today announced financial results for the fourth quarter and year ended December 31, 2023 and provided first quarter and full year 2024 guidance.
  • "We're excited to report a strong finish to 2023, with Annual Contract Value and Trailing-Twelve-Month Variable Royalties of $56.1 million, above the high end of our guidance range," said K. Charles Janac, President and CEO of Arteris.
  • "We believe that the accelerating adoption of commercial System IP solutions across the industry’s most complex applications including Generative AI and advanced mobility is becoming clear.
  • Additional information on Arteris’ historic reported results, including a reconciliation of these Non-GAAP financial measures to their most comparable GAAP measures, is included in the financial tables below.

Box Reports Fiscal Fourth Quarter and Fiscal Year 2024 Financial Results

Retrieved on: 
Tuesday, March 5, 2024
Software, Technology, Networks, Apps, Applications, Cloud, Regulation, Air force, Investment, News, Part, Growth, Parent, Regulation Fair Disclosure, Novo Nordisk, Organization, Helmy Eltoukhy, FX, Marketing, Disclosure, RPO, Square, GAAP, Security (finance), Child, EPS, Microsoft, Environment, ID, Cosmetic industry, Hormel Foods, CFO, Japanese yen, FDA, Privacy, Video game

Box, Inc. (NYSE:BOX), the leading Content Cloud, today announced preliminary financial results for the fourth quarter and fiscal year 2024, which ended January 31, 2024.

Key Points: 
  • Box, Inc. (NYSE:BOX), the leading Content Cloud, today announced preliminary financial results for the fourth quarter and fiscal year 2024, which ended January 31, 2024.
  • Non-GAAP operating income in the fourth quarter of fiscal year 2024 was $70.1 million, or 26.7% of revenue.
  • Non-GAAP diluted net income per share attributable to common stockholders in the fourth quarter of fiscal year 2024 was $0.42.
  • Non-GAAP free cash flow in the fourth quarter of fiscal year 2024 was $81.8 million, a 10% increase from non-GAAP free cash flow of $74.7 million in the fourth quarter of fiscal year 2023.

Snowflake Reports Financial Results for the Fourth Quarter and Full-Year of Fiscal 2024

Retrieved on: 
Wednesday, February 28, 2024
Data Management, Security, Technology, Software, Networks, Artificial Intelligence, Internet, Cloud, Employee stock purchase plan, Intelligence, Net, Tag cloud, Marketing, Snowflake Inc., Table, Use, Growth, Access, Holiday, RPO, GAAP, Webcast, Uncertainty, Security (finance), Snowflake, Bank statement, Environment

See the section titled “Statement Regarding Use of Non-GAAP Financial Measures” for an explanation of non-GAAP financial measures.

Key Points: 
  • See the section titled “Statement Regarding Use of Non-GAAP Financial Measures” for an explanation of non-GAAP financial measures.
  • We have provided a reconciliation of GAAP to non-GAAP financial measures in the financial statement tables for our historical non-GAAP financial results included in this release.
  • Non-GAAP Product gross profit, Operating income, Net income, Net income attributable to Snowflake Inc., and Net income per share attributable to Snowflake Inc. common stockholders - basic and diluted.
  • We use these non-GAAP financial measures internally for financial and operational decision-making purposes and as a means to evaluate period-to-period comparisons.

Okta Announces Fourth Quarter And Fiscal Year 2024 Financial Results

Retrieved on: 
Wednesday, February 28, 2024
Apps, Applications, Technology, Security, Software, Networks, Internet, Hardware, Data Management, Consumer Electronics, Acquisition, Regulation, Investment, News, Table, OKTA, Disclosure, Nature, Exercise, Ratio, RPO, GAAP, Judgement, Regulation Fair Disclosure, Webcast, Organization, Public expenditure, Bank statement, Bank

Okta, Inc. (Nasdaq: OKTA), the leading independent identity partner, today announced financial results for its fourth quarter and fiscal year ended January 31, 2024.

Key Points: 
  • Okta, Inc. (Nasdaq: OKTA), the leading independent identity partner, today announced financial results for its fourth quarter and fiscal year ended January 31, 2024.
  • GAAP Net Loss: GAAP net loss was $44 million, compared to a GAAP net loss of $153 million in the fourth quarter of fiscal 2023.
  • GAAP net loss per share was $0.26, compared to a GAAP net loss per share of $0.95 in the fourth quarter of fiscal 2023.
  • Non-GAAP Net Income: Non-GAAP net income was $113 million, compared to non-GAAP net income of $52 million in the fourth quarter of fiscal 2023.

TrueBlue Announces Sale of PeopleReady’s Canadian Staffing Business

Retrieved on: 
Wednesday, February 21, 2024
Consulting, Professional Services, Human Resources, Outsourcing Business, RPO, Sale, Workforce, Vertical, Staff management, TBI

TrueBlue (NYSE: TBI), a leading provider of specialized workforce solutions, today announced that it has reached a definitive agreement to sell its PeopleReady Canadian staffing business to Vertical Staffing Resources.

Key Points: 
  • TrueBlue (NYSE: TBI), a leading provider of specialized workforce solutions, today announced that it has reached a definitive agreement to sell its PeopleReady Canadian staffing business to Vertical Staffing Resources.
  • The transaction is expected to close in the first quarter, subject to customary closing conditions.
  • “This sale allows us to most effectively leverage our resources to maximize value and further sharpen our focus on core operations, including the many compelling and profitable growth opportunities we see in the U.S. staffing and global RPO markets,” said Taryn Owen, President and CEO of TrueBlue.
  • “We are confident that Vertical Staffing Resources will be a great fit for our PeopleReady Canadian staffing business and are working closely with the Vertical team to ensure a seamless transition.”
    TrueBlue will continue to serve Canada through its Staff Management | SMX and PeopleScout brands.

ICPO Foundation and SBMN Enter Strategic Partnership to Promote International Education Standards and Training Support in Brazil

Retrieved on: 
Tuesday, February 20, 2024
Health Technology, Technology, Continuing, Radiology, Education, Training, Oncology, Hospitals, Clinical Trials, Other Technology, Science, Biotechnology, Nursing, Health, Research, Therapy, Hospital, Multimedia, Physician, Curriculum, RPO, Medicine, Certification, To Brazil!, Patient, Nuclear medicine, ICPO, Cancer, Partnership

View the full release here: https://www.businesswire.com/news/home/20240219353852/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240219353852/en/
    ICPO Foundation and SBMN enter strategic partnership to promote international education standards and training support in Brazil.
  • As part of this collaboration, ICPO and SBMN will work to revolutionize Radiomolecular Precision Oncology in Brazil, with a focus on elevating patient care, education, and research on a global scale.
  • Practical training sessions will also be conducted in Brazil at carefully selected ICPO Collaborating Centers, in a collaborative effort between SBMN and ICPO.
  • ICPO will also formulate the fundamental certification path for the ICPO Academy and the practical training curriculum in collaboration with ICPO Collaborating Centers, with SBMN providing essential support in Brazil.

Marques Smith Promoted to CEO & President of Hire Velocity

Retrieved on: 
Wednesday, March 6, 2024
Acquisition, RPO, Smith, Growth, Velocity, Management

ATLANTA, March 6, 2024 /PRNewswire/ -- Hire Velocity , a leading provider of recruitment process outsourcing (RPO) and professional search solutions is thrilled to announce the promotion of Marques Smith from President to Chief Executive Officer and President, effective March 1, 2024.

Key Points: 
  • ATLANTA, March 6, 2024 /PRNewswire/ -- Hire Velocity , a leading provider of recruitment process outsourcing (RPO) and professional search solutions is thrilled to announce the promotion of Marques Smith from President to Chief Executive Officer and President, effective March 1, 2024.
  • In his new role, Smith will be responsible for overseeing Hire Velocity's strategic direction, growth initiatives, and operations.
  • Smith has been instrumental in driving the company's growth and success since joining Hire Velocity in 2016 as Vice President of Finance.
  • "I am honored to lead Hire Velocity as CEO and grateful for the opportunity to continue working alongside our talented team," said Smith.

Couchbase Announces Fourth Quarter and Fiscal 2024 Financial Results

Retrieved on: 
Tuesday, March 5, 2024
Cloud, RAG, AI, API, Internet of things, Growth, Table, Database, ARR, RPO, Capital expenditure, GAAP, Organization, Ecosystem, Running, Video game

SANTA CLARA, Calif., March 5, 2024 /PRNewswire/ -- Couchbase, Inc. (NASDAQ: BASE), the cloud database platform company, today announced financial results for its fourth quarter and fiscal year ended January 31, 2024.

Key Points: 
  • SANTA CLARA, Calif., March 5, 2024 /PRNewswire/ -- Couchbase, Inc. (NASDAQ: BASE), the cloud database platform company, today announced financial results for its fourth quarter and fiscal year ended January 31, 2024.
  • Gross margin: Gross margin for the quarter was 89.7%, compared to 85.7% for the fourth quarter of fiscal 2023.
  • Non-GAAP gross margin for the quarter was 90.4%, compared to 86.3% for the fourth quarter of fiscal 2023.
  • Non-GAAP operating loss for the quarter was $4.1 million, compared to $9.9 million for the fourth quarter of fiscal 2023.

AUTODESK, INC. ANNOUNCES FISCAL 2024 FOURTH QUARTER AND FULL-YEAR RESULTS

Retrieved on: 
Thursday, February 29, 2024
Cloud, Spend, Acquisition, AutoCAD, Flex, Balance sheet, Autodesk Revit, USD, ASC, Intelligence, Investment, Tax, Form 10-K, Eric, Health, RPO, Collection, Cloud computing, GAAP, Assemble, Revenue, Public expenditure, Legislation, Intellectual property, Privacy, Act, Autodesk 3ds Max, Workflow, Software, Video game

SAN FRANCISCO, Feb. 29, 2024 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today reported financial results for the fourth quarter and full year of fiscal 2024.

Key Points: 
  • The first quarter and full-year fiscal 2025 outlook assume a projected annual effective tax rate of 21 percent for GAAP and 19 percent for non-GAAP results, respectively.
  • Autodesk will host its fourth quarter conference call today at 5 p.m.
  • Net revenue retention rate is calculated by dividing the current quarter Recurring Revenue related to base customers by the total corresponding quarter Recurring Revenue from one year ago.
  • For certain cloud service offerings and EBAs, subscriptions represent the monthly average activity reported within the last three months of the fiscal quarter end date.