Table

KVH Industries Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Friday, March 15, 2024
Tax, Mobile broadband, Sale, Table, Multi, Bank statement, VSAT, KVH, Depreciation, GAAP, Workforce, Retirement, Eutelsat

Revenue was $31.5 million for the fourth quarter of 2023, a decrease of 13% compared to $36.0 million in the fourth quarter of 2022.

Key Points: 
  • Revenue was $31.5 million for the fourth quarter of 2023, a decrease of 13% compared to $36.0 million in the fourth quarter of 2022.
  • Service revenues for the fourth quarter of 2023 were $27.7 million, a decrease of 4%.
  • Product revenues for the fourth quarter of 2023 were $3.7 million, a decrease of 48% from the fourth quarter of 2022.
  • Our operating expenses increased $1.1 million to $13.0 million for the fourth quarter of 2023 compared to $12.0 million for the fourth quarter of 2022.

Montauk Renewables Announces Full Year 2023 Results

Retrieved on: 
Thursday, March 14, 2024
Kilowatt-hour, Natural gas, Squat toilet, Certificate, D3, Webcast, Sale, Public expenditure, Table, Apex, RIN, Adjustment, GAAP, Security, British thermal unit, Electricity, Primary energy, RNG, Digestion, Bookkeeping

PITTSBURGH, March 14, 2024 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (“Montauk” or “the Company”) (NASDAQ: MNTK), a renewable energy company specializing in the management, recovery, and conversion of biogas into renewable natural gas (“RNG”), today announced financial results for the year ended December 31, 2023.

Key Points: 
  • PITTSBURGH, March 14, 2024 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (“Montauk” or “the Company”) (NASDAQ: MNTK), a renewable energy company specializing in the management, recovery, and conversion of biogas into renewable natural gas (“RNG”), today announced financial results for the year ended December 31, 2023.
  • However, lower prices of both the average realized price of RINs sold and natural gas resulted in lower revenues in 2023.
  • These 2023 price driven reductions to revenues of approximately $30.7 million were offset through our tiered royalty structure reducing royalty expense in 2023 by approximately $9.3 million, which led to our $20.9 million reduction in 2023 operating income.
  • Our average pricing realized on RIN sales during 2023 of $2.71 exceeded the average D3 RIN index price of $2.63 during 2023.

ATN’s CEO Brad Martin and CFO Carlos Doglioli to Update Shareholders Today at the Sidoti Spring 2024 Small Cap Virtual Investor Conference

Retrieved on: 
Thursday, March 14, 2024
ACP, Conference, Growth, ATN International, Webcast, ATN, Table, Adjustment, Investment, Event, Depreciation, GAAP, Glass, ATNI, Affordable Connectivity Program, Bank

Please see “Use of Non-GAAP Financial Measures” below for a full description of items excluded from the Company’s expected Adjusted EBITDA.

Key Points: 
  • Please see “Use of Non-GAAP Financial Measures” below for a full description of items excluded from the Company’s expected Adjusted EBITDA.
  • Over the same period, ATN has increased high-speed broadband subscribers by 39%, and nearly doubled homes passed by high-speed broadband.
  • To view the webcast, please visit the Events & Presentation page of the ATN investor relations website via the following link: https://ir.atni.com/events-and-presentations .
  • In addition to financial measures prepared in accordance with generally accepted accounting principles (GAAP), this press release also contains non-GAAP financial measures.

Prospera Energy Inc. Announces a 508% increase in the 2023 Proven Developed Producing (PDP) Reserve Valuation

Retrieved on: 
Thursday, March 14, 2024
PEI, Insite, Guideline, CCA, Pressure, APEGA, Philosophy, Acquisition, Table, Freezing, PDP, Barrel, Handbook, Capital Cost Allowance, Oportunidades, Weather, Oil

InSite has included cost estimates of well abandonment and reclamation for all existing wells, regardless of reserves assignment, and undeveloped locations assigned reserves.

Key Points: 
  • InSite has included cost estimates of well abandonment and reclamation for all existing wells, regardless of reserves assignment, and undeveloped locations assigned reserves.
  • It is understood that all abandonment and reclamation costs of wells and facilities have been accounted for by the Company.
  • As per the Corporate Production Diagram (above) Prospera attained peaks rates of approximately 1,800 boepd in late December 2023.
  • PEI’s robust 2024 capital development and acquisition plan is to achieve a 2024 year-end exit target rate of 5,000 boepd.

GoHealth Reports Fourth Quarter and Fiscal 2023 Results

Retrieved on: 
Thursday, March 14, 2024
CFO, Trust, GoHealth, Sri Jayawardenepura Kotte, Table, Adjustment, GAAP, Medicare, Video game

CHICAGO, March 14, 2024 (GLOBE NEWSWIRE) -- GoHealth, Inc. (NASDAQ: GOCO) (“GoHealth” or the “Company”), a leading health insurance marketplace and Medicare-focused digital health company, today announced unaudited financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • CHICAGO, March 14, 2024 (GLOBE NEWSWIRE) -- GoHealth, Inc. (NASDAQ: GOCO) (“GoHealth” or the “Company”), a leading health insurance marketplace and Medicare-focused digital health company, today announced unaudited financial results for the fourth quarter and year ended December 31, 2023.
  • The percentage of revenue earned from non-agency sales in the fourth quarter was 60% of Medicare revenue, compared to 26% in 2022.
  • Fourth quarter 2023 net revenues were $276.7 million, compared to $69.4 million in the prior year period.
  • Fourth quarter 2023 net loss was $2.3 million and Adjusted EBITDA1 was $57.0 million, improvements of 98.5% and 160.1%, respectively, compared to the prior year period.

Golden Matrix Reports First Quarter Financial Results With Record Revenues of $11.84 Million

Retrieved on: 
Thursday, March 14, 2024
E-commerce, Growth, Golden, Acquisition, Table, Adjustment, Interest expense, FYE, Compensation, Asset, GAAP, Marketing

Record quarterly revenues of $11.84 million, an increase of 10% on revenues of $10.78 million in the like year-ago quarter.

Key Points: 
  • Record quarterly revenues of $11.84 million, an increase of 10% on revenues of $10.78 million in the like year-ago quarter.
  • Cash-on-hand of $17.29 million, current assets of $24.19 million, and total assets of $37.1 million as of January 31, 2024.
  • Revenue contributions from the company’s B2B and B2C (RKings, MEXPLAY) segments in Q1 were $4.62 million (39%) and $7.22 million (61%), respectively.
  • “We are exceptionally pleased with the company’s performance in Q1 to kick-off the new fiscal year,” said Golden Matrix CEO Brian Goodman.

Nexus Industrial REIT Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, March 14, 2024
Nexus, CPI, Growth, DRIP, Class, Acquisition, Sale, News, Public expenditure, Park Street, Table, NOI, Bank statement, REIT, Analysis, Real estate

TORONTO, March 13, 2024 (GLOBE NEWSWIRE) -- Nexus Industrial REIT (the “REIT”) (TSX: NXR.UN) announced today its results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • See Appendix A of this earnings release for a reconciliation of the non-IFRS financial measures to the primary financial statement measures.
  • Acquisitions completed subsequent to October 1, 2022, generated $4.5 million of incremental NOI in Q4 2023 as compared to Q4 2022.
  • The REIT is focused on delivering total unitholder return through profitable long-term growth, and by pursing its strategy as a Canada-focused pure-play industrial REIT.
  • In the fourth quarter of 2024, the REIT expects to complete the 240,000 sq ft Dennis Rd expansion project in St Thomas, ON.

Hudson Global Reports 2023 Fourth Quarter and Full-Year Results

Retrieved on: 
Thursday, March 14, 2024
RPO, Environment, Webcast, COVID-19, History, NOL, Table, OLD, GAAP, Workforce, Share repurchase, Video game

OLD GREENWICH, Conn., March 14, 2024 (GLOBE NEWSWIRE) -- Hudson Global, Inc. (Nasdaq: HSON), a leading global talent solutions company, announced today financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • OLD GREENWICH, Conn., March 14, 2024 (GLOBE NEWSWIRE) -- Hudson Global, Inc. (Nasdaq: HSON), a leading global talent solutions company, announced today financial results for the fourth quarter and full year ended December 31, 2023.
  • Jeff Eberwein, Chief Executive Officer at Hudson Global, said, "Our fourth quarter financial results continued to reflect the year-over-year impact of the slowdown in the US technology sector and as well as fourth quarter hiring delays at certain clients, which we expect to recover beginning in the second quarter of 2024.
  • Asia Pacific delivered adjusted EBITDA of $0.9 million in the fourth quarter of 2023 versus adjusted EBITDA of $2.1 million in the fourth quarter of 2022.
  • The Company generated $3.3 million in cash flow from operations in the fourth quarter of 2023 compared to $4.4 million in the fourth quarter of 2022.

Cognistx Adds SQUARE Integration with Slack Enterprise, Delivering Streamlined AI-Fueled Business Document Searches

Retrieved on: 
Thursday, March 14, 2024
Ecosystem, Google Drive, Intelligence, Dropbox, Language, Direct access, Workplace, Internet, Hallucination, SharePoint, AI, Table, Information technology

The SQUARE integration with Slack allows users seamless access to an AI-powered search of their essential business documents without changing employee workflows.

Key Points: 
  • The SQUARE integration with Slack allows users seamless access to an AI-powered search of their essential business documents without changing employee workflows.
  • This marks a notable expansion of SQUARE, enhancing accessibility for businesses across various industries and streamlining workplace processes.
  • “Through SQUARE and the Slack integration, we’re helping companies use AI to enhance workflows and stay competitive."
  • "The integration of SQUARE with Slack is a testament to our commitment to enhancing workplace productivity, a key focus of our work in AI.”
    The SQUARE integration is available for all Slack users.

AYR Wellness Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, March 13, 2024
SVS, Growth, Exercise, Dayton, Ohio, AYR, Sale, LTIP, Acquisition, News, Public expenditure, Table, MD, Senior, Bank statement, Adjustment, Note, Depreciation, GAAP, Retirement, Definition

MIAMI, March 13, 2024 (GLOBE NEWSWIRE) -- AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator, is reporting financial results for the fourth quarter and full year ended December 31, 2023. Unless otherwise noted, all results are presented in U.S. dollars.

Key Points: 
  • Opened two new dispensaries in Florida during the fourth quarter, bringing AYR’s total footprint to 64 dispensaries across the state.
  • Opened three dispensaries in Ohio in the Cleveland, Cincinnati, and Dayton metropolitan areas via the Company’s support relationship.
  • AYR has the future rights to ownership of all three dispensaries, subject to regulatory approval.
  • A reconciliation of how Ayr calculates Adjusted EBITDA and Adjusted Gross Profit is provided in the tables appended below.