Q2

Eclipse Labs Announces $50M Series A Funding co-led by Placeholder and Hack VC

Retrieved on: 
Tuesday, March 12, 2024

Eclipse Labs , a software firm contributing to the development of the first Ethereum layer-2 using the Solana Virtual Machine (SVM), has raised $50M of Series A funding co-led by Placeholder and Hack VC, bringing the total capital raised to $65M.

Key Points: 
  • Eclipse Labs , a software firm contributing to the development of the first Ethereum layer-2 using the Solana Virtual Machine (SVM), has raised $50M of Series A funding co-led by Placeholder and Hack VC, bringing the total capital raised to $65M.
  • "Eclipse is built to be Ethereum's fastest layer-2, leveraging the best pieces of the modular stack available today," said Neel Somani, Founder of Eclipse Labs.
  • Eclipse integrates the high-performance SVM with the deep pools of liquidity on Ethereum, while maintaining the hard constraint of verifiability."
  • Eclipse Labs intends on sponsoring hackathons and accelerators, in addition to community-building events targeted toward users who interact with Eclipse Mainnet.

Dun & Bradstreet: Global Business Optimism Continues to Climb as Businesses Indicate Sustained Confidence

Retrieved on: 
Wednesday, April 3, 2024

LONDON, April 3, 2024 /PRNewswire/ -- Dun & Bradstreet (NYSE:DNB), a leading global provider of business decisioning data and analytics, today released its Q2 2024 Global Business Optimism Insights report. The latest quarterly report highlights a sustained positive trend in the global business outlook, with the Dun & Bradstreet Global Business Optimism Index rising 5.4% quarter over quarter.

Key Points: 
  • LONDON, April 3, 2024 /PRNewswire/ -- Dun & Bradstreet (NYSE:DNB), a leading global provider of business decisioning data and analytics, today released its Q2 2024 Global Business Optimism Insights report.
  • The latest quarterly report highlights a sustained positive trend in the global business outlook, with the Dun & Bradstreet Global Business Optimism Index rising 5.4% quarter over quarter.
  • "The continued improvement in overall business optimism indicates that businesses are regaining stability after grappling with inflationary pressures and global monetary tightening," said Neeraj Sahai, President of Dun & Bradstreet International.
  • Key findings from the Q2 report reveals:
    The Global Business Optimism Index increased 5.4%, with businesses feeling more optimistic about the global macroeconomic environment, particularly regarding inflation.

Anaptys Announces Fourth Quarter and Full Year 2023 Financial Results and Provides Business Update

Retrieved on: 
Monday, March 11, 2024

“We will have a number of important events in 2024 including the top-line data readout of ANB032's Phase 2b trial in atopic dermatitis by year end,” adds Faga. “We also plan to move our third and fourth ICMs -- ANB033, our anti-CD122 antagonist, and ANB101 -- into the clinic this year, with IND filings planned for Q2 and H2, respectively.”

Key Points: 
  • “Enrollment is ongoing in three global Phase 2 trials for ANB032, our BTLA agonist, in atopic dermatitis and rosnilimab, our PD-1 agonist, in rheumatoid arthritis and ulcerative colitis.
  • The decrease relates primarily to cash used for operating activities and the $50 million stock repurchase program.
  • The change is due primarily to increased royalties recognized for sales of Jemperli offset by one development milestone achieved for cobolimab in 2022.
  • Acquired in-process research and development of $7.3 million for the three and twelve months ended December 31, 2023 related to the exclusive licensing agreement with Centessa Pharmaceuticals.

Axogen, Inc Reports 2023 Fourth Quarter and Full-Year Financial Results

Retrieved on: 
Tuesday, March 5, 2024

Fourth quarter revenue was $42.9 million, an 18.7% increase compared to the fourth quarter of 2022.

Key Points: 
  • Fourth quarter revenue was $42.9 million, an 18.7% increase compared to the fourth quarter of 2022.
  • The Company estimates that revenues from emergent trauma procedures represented approximately half of total revenues during the fourth quarter and grew mid-single digits versus the fourth quarter of 2022.
  • Gross margin was 78.7% for the fourth quarter compared to 83.0% in the fourth quarter of 2022.
  • Adjusted EBITDA was $0.6 million for the quarter, compared to an adjusted EBITDA loss of $0.7 million in the fourth quarter of 2022.

Coupang Announces Results for Fourth Quarter 2023

Retrieved on: 
Tuesday, February 27, 2024

Coupang, Inc. (NYSE: CPNG) today announced financial results for its fourth quarter ended December 31, 2023.

Key Points: 
  • Coupang, Inc. (NYSE: CPNG) today announced financial results for its fourth quarter ended December 31, 2023.
  • Adjusted EBITDA for the quarter was $294 million with a margin of 4.5%, an improvement of 50 bps over last year.
  • The accounting change in FLC revenue this quarter had a positive impact of 40 bps on margin.
  • “We are extremely proud of our teams whose work over many years is responsible for the results we reported throughout this year.

Q2 Holdings, Inc. Announces Fourth Quarter and Full-Year 2023 Financial Results

Retrieved on: 
Wednesday, February 21, 2024

Revenue for the fourth quarter of $162.1 million, up 11 percent year-over-year and up 5 percent from the third quarter of 2023.

Key Points: 
  • Revenue for the fourth quarter of $162.1 million, up 11 percent year-over-year and up 5 percent from the third quarter of 2023.
  • GAAP net loss for the fourth quarter of $18.1 million, compared to GAAP net losses of $32.4 million for the prior-year quarter and $23.2 million for the third quarter of 2023.
  • Non-GAAP revenue for the fourth quarter of $162.2 million, up 11 percent year-over-year and up 5 percent from the third quarter of 2023.
  • Adjusted EBITDA for the fourth quarter of $23.2 million, up from $8.4 million for the prior-year quarter and $19.7 million for the third quarter of 2023.

Neonode Reports 2023 Financial Results

Retrieved on: 
Wednesday, February 28, 2024

STOCKHOLM, Sweden, Feb. 28, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) today reported financial results for the fiscal year ended December 31, 2023.

Key Points: 
  • STOCKHOLM, Sweden, Feb. 28, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) today reported financial results for the fiscal year ended December 31, 2023.
  • Cash and accounts receivable of $17.1 million as of December 31, 2023 compared to $16.3 million for the prior year-end.
  • FINANCIAL OVERVIEW FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023
    Net revenues for fiscal 2023 were $4.4 million, a 21.5% decrease compared to 2022.
  • Net loss attributable to Neonode for fiscal 2023 was $10.1 million, or $0.66 per share, compared to a net loss of $4.9 million, or $0.36 per share for 2022.

Neonode Reports 2023 Financial Results

Retrieved on: 
Wednesday, February 28, 2024

STOCKHOLM, Sweden, Feb. 28, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) today reported financial results for the fiscal year ended December 31, 2023.

Key Points: 
  • STOCKHOLM, Sweden, Feb. 28, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) today reported financial results for the fiscal year ended December 31, 2023.
  • Cash and accounts receivable of $17.1 million as of December 31, 2023 compared to $16.3 million for the prior year-end.
  • FINANCIAL OVERVIEW FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023
    Net revenues for fiscal 2023 were $4.4 million, a 21.5% decrease compared to 2022.
  • Net loss attributable to Neonode for fiscal 2023 was $10.1 million, or $0.66 per share, compared to a net loss of $4.9 million, or $0.36 per share for 2022.

iRobot Reports Fourth-Quarter and Full-Year 2023 Financial Results

Retrieved on: 
Monday, February 26, 2024

BEDFORD, Mass., Feb. 26, 2024  /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced its financial results for the fourth quarter and full year ended December 30, 2023.  

Key Points: 
  • BEDFORD, Mass., Feb. 26, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced its financial results for the fourth quarter and full year ended December 30, 2023.
  • Geographically, fourth quarter 2023 revenue declined 20% in the U.S., 19% in Japan and 5% in EMEA over the prior period last year.
  • iRobot is providing GAAP and non-GAAP financial expectations for the fiscal year ending December 28, 2024.
  • A detailed reconciliation between the Company's GAAP and non-GAAP expectations is included in the attached financial tables.