Revenue stream

HashiCorp Announces Fourth Quarter and Fiscal Year 2024 Financial Results

Retrieved on: 
Tuesday, March 5, 2024

Fourth quarter revenue totaled $155.8 million, representing an increase of 15% year-over-year; fiscal 2024 revenue totaled $583.1 million, representing an increase of 23% year-over-year

Key Points: 
  • Fourth quarter revenue totaled $155.8 million, representing an increase of 15% year-over-year; fiscal 2024 revenue totaled $583.1 million, representing an increase of 23% year-over-year
    Trailing four quarter average Net Dollar Retention Rate was 115% at the end of the fourth quarter of fiscal 2024 and 131% at the end of fourth quarter of fiscal 2023.
  • SAN FRANCISCO, March 05, 2024 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ: HCP), a leading provider of multi-cloud infrastructure automation software, today announced financial results for its fourth quarter and full fiscal year 2024, ended January 31, 2024.
  • HashiCorp ended the fourth quarter of fiscal 2024 with 4,423 customers, up from 4,354 customers at the end of the previous fiscal quarter and 3,870 customers at the end of the fourth quarter of fiscal 2023.
  • Quarterly subscription revenue from HashiCorp Cloud Platform (HCP) reached $21.3 million in the fourth quarter of fiscal 2024, increased from $19.9 million in the previous fiscal quarter and increased from $14.5 million in the fourth quarter of fiscal 2023.

Vertex Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, February 29, 2024

KING OF PRUSSIA, Pa., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ: VERX) (“Vertex” or the “Company”), a leading global provider of indirect tax solutions, today announced financial results for its fourth quarter and full year ended December 31, 2023.

Key Points: 
  • KING OF PRUSSIA, Pa., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ: VERX) (“Vertex” or the “Company”), a leading global provider of indirect tax solutions, today announced financial results for its fourth quarter and full year ended December 31, 2023.
  • “The Vertex execution engine delivered exceptionally strong financial results in the fourth quarter,” stated David DeStefano, President, Chief Executive Officer, and Chairperson of the Board.
  • Average Annual Revenue per direct customer (“AARPC”) was $118,910 at December 31, 2023, compared to $100,500 at December 31, 2022 and $112,690 at September 30, 2023.
  • Vertex will host a conference call at 8:30 a.m. Eastern Time today, February 29, 2024, to discuss its fourth quarter and full year 2023 financial results.

Cemtrex Issues Shareholder Letter and Provides Corporate Update

Retrieved on: 
Wednesday, February 28, 2024

To the Shareholders of Cemtrex, Inc.,

Key Points: 
  • To the Shareholders of Cemtrex, Inc.,
    I wanted to provide you with a detailed update on Cemtrex’s activities over the last several months.
  • We cannot change the missteps we have taken, but we have certainly learned from them and learned how to avoid them in the future.
  • Private companies have certain luxuries that public companies do not have when it comes to building startups, particularly in rising interest rate environments.
  • Out of that purchase price, Cemtrex contributed $1,000,000 of equity, which was paid in the form of Cemtrex stock.

Sunrun Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, February 21, 2024

Customers grew 17% in the fourth quarter of 2023 compared to the fourth quarter of 2022.

Key Points: 
  • Customers grew 17% in the fourth quarter of 2023 compared to the fourth quarter of 2022.
  • Subscriber Value was $50,302 in the fourth quarter of 2023, an 18% increase compared to the fourth quarter of 2022.
  • Total revenue was $516.6 million in the fourth quarter of 2023, down $92.6 million, or 15%, from the fourth quarter of 2022.
  • During the fourth quarter of 2023, Sunrun recorded a $58.7 million non-cash charge related to its investment in Lunar Energy.

Kneat Announces Record Revenue for Fourth Quarter and Full Year 2023

Retrieved on: 
Wednesday, February 21, 2024

SaaS revenue for the fourth quarter of 2023 grew 58% to $8.9 million, versus $5.7 million for the fourth quarter of 2022.

Key Points: 
  • SaaS revenue for the fourth quarter of 2023 grew 58% to $8.9 million, versus $5.7 million for the fourth quarter of 2022.
  • Gross margin in the fourth quarter of 2023 was 72%, compared to 63% for the fourth quarter of 2022, and 65% for the third quarter of 2023.
  • EBITDA1 in the fourth quarter of 2023 was ($0.1) million, compared with $2.2 million for the fourth quarter of 2022.
  • Adjusted EBITDA1 in the fourth quarter of 2023 was ($0.4) million, compared with ($1.3) million for the fourth quarter of 2022.

Banzai Gives Business Update Including End-of-Year 2023 ARR, Additional Executed LOI and End-of-Year 2024 ARR Target

Retrieved on: 
Tuesday, February 20, 2024

Banzai has estimated its December 2023 ARR at $4.6 million.

Key Points: 
  • Banzai has estimated its December 2023 ARR at $4.6 million.
  • Banzai intends to integrate the capabilities of Mixed Analytics with other Banzai products as part of the Company’s acquisition and cross-selling strategy.
  • The midpoint target, or $9.1 million, foresees a 97% increase in ARR, which would be equally attributable to organic growth and the acquisitions currently under LOI.
  • Banzai’s management anticipates tracking the Company’s progress to its targeted December 2024 ARR as part of the Company’s 2024 quarterly earnings reports.

Nutanix Reports Second Quarter Fiscal 2024 Financial Results

Retrieved on: 
Wednesday, February 28, 2024

Supplementary materials to this press release, including our second quarter fiscal 2024 earnings presentation, can be found at https://ir.nutanix.com/financial/quarterly-results .

Key Points: 
  • Supplementary materials to this press release, including our second quarter fiscal 2024 earnings presentation, can be found at https://ir.nutanix.com/financial/quarterly-results .
  • Nutanix executives will discuss the Company’s second quarter fiscal 2024 financial results on a conference call today at 4:30 p.m. Eastern Time/1:30 p.m. Pacific Time.
  • We use these non-GAAP financial and key performance measures for financial and operational decision-making and as a means to evaluate period-to-period comparisons.
  • This press release also includes the following forward-looking non-GAAP financial measures as part of our third quarter fiscal 2024 outlook and/or our fiscal 2024 outlook: non-GAAP gross margin, non-GAAP operating margin, and free cash flow.

ON24 Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, February 22, 2024

ON24 (NYSE: ONTF), an intelligent engagement platform for B2B sales and marketing, today announced financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • ON24 (NYSE: ONTF), an intelligent engagement platform for B2B sales and marketing, today announced financial results for the fourth quarter and full year ended December 31, 2023.
  • GAAP Operating Loss was $12.2 million, compared to GAAP operating loss of $13.6 million in the fourth quarter of 2022.
  • Non-GAAP Operating Income was $0.2 million, compared to non-GAAP operating loss of $3.5 million in the fourth quarter of 2022.
  • Free cash flow was negative $2.0 million for the quarter, compared to negative $8.9 million in the fourth quarter of 2022.

Amplitude Announces Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Tuesday, February 20, 2024

Stock-based compensation expense, exclusive of those related to our restructuring, and the related employer payroll taxes were $23.6 million in the fourth quarter of 2023 compared to $20.6 million in the fourth quarter of 2022, and $89.5 million in the full year 2023 compared to $68.3 million in the full year 2022.

Key Points: 
  • Stock-based compensation expense, exclusive of those related to our restructuring, and the related employer payroll taxes were $23.6 million in the fourth quarter of 2023 compared to $20.6 million in the fourth quarter of 2022, and $89.5 million in the full year 2023 compared to $68.3 million in the full year 2022.
  • Fourth Quarter and Recent Business Highlights:
    Annual Recurring Revenue was $281 million, an increase of 10% year over year and an increase of $8 million compared to the third quarter of 2023.
  • GAAP Net Loss per share was $0.16, based on 119.2 million shares, in the fourth quarter of 2023, compared to a loss of $0.21 per share, based on 113.1 million shares, in the fourth quarter of 2022.
  • Non-GAAP Net Income per share was $0.04, based on 129.2 million diluted shares, in the fourth quarter of 2023, compared to a loss of $0.03 per share, based on 113.1 million diluted shares, in the fourth quarter of 2022.

AudioEye Reports Record Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, March 6, 2024

TUCSON, Ariz., March 6, 2024 /PRNewswire/ -- AudioEye, Inc. (NASDAQ: AEYE) ("AudioEye" or the "Company"), the industry-leading enterprise SaaS accessibility company, reported financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • TUCSON, Ariz., March 6, 2024 /PRNewswire/ -- AudioEye, Inc. (NASDAQ: AEYE) ("AudioEye" or the "Company"), the industry-leading enterprise SaaS accessibility company, reported financial results for the fourth quarter and full year ended December 31, 2023.
  • In the fourth quarter of 2023, we delivered record adjusted EBITDA of $1.3 million, a 17% margin, adjusted earnings per share of $0.11, and an improved GAAP loss per share of $(0.04)," said AudioEye CEO David Moradi.
  • Annual Recurring Revenue ("ARR") as of December 31, 2023, increased sequentially to $31.2M from $30.5M as of September 30, 2023.
  • In the fourth quarter of 2023, AudioEye and its Board of Directors authorized the repurchase of up to $5M of the Company's outstanding shares of common stock expiring in December 2025.