Adjustment

At its Capital Markets Day, Iveco Group updated its guidance for 2024 and presented the financial targets for the duration of the Plan

Retrieved on: 
Friday, March 15, 2024

Iveco Group monitors its operations through the use of several non-EU-IFRS financial measures.

Key Points: 
  • Iveco Group monitors its operations through the use of several non-EU-IFRS financial measures.
  • Iveco Group’s management believes that these non-EU-IFRS financial measures provide useful and relevant information regarding its operating results and targets and enhance the readers’ ability to assess Iveco Group’s financial performance and financial position.
  • Iveco Group’s non-EU-IFRS financial measures are defined as follows:
    Adjusted EBIT: is defined as EBIT before restructuring costs and non-recurring items.
  • Iveco Group employs more than 36,000 people around the world and has 20 industrial sites and 29 R&D centres.

Getty Images Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, March 14, 2024

NEW YORK, March 14, 2024 (GLOBE NEWSWIRE) -- Getty Images Holdings, Inc. “Getty Images” or the “Company”) (NYSE: GETY), a preeminent global visual content creator and marketplace, today reported financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • NEW YORK, March 14, 2024 (GLOBE NEWSWIRE) -- Getty Images Holdings, Inc. “Getty Images” or the “Company”) (NYSE: GETY), a preeminent global visual content creator and marketplace, today reported financial results for the fourth quarter and full year ended December 31, 2023.
  • “In a difficult 2023, Getty Images continued to lay a strong foundation grounded in our core value propositions of helping our customers create at a higher level, saving them time and money and eliminating risk,” said Craig Peters, Chief Executive Officer at Getty Images.
  • Full Year 2023 Financial Summary:
    Revenue of $916.6 million declined 1.0% year over year and 0.5% on a currency neutral basis.
  • Ending cash balance on December 31, 2023 was $136.6 million, up $38.7 million from the ending balance on December 31, 2022 and $23.1 million from September 30, 2023.

Jones Soda Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, March 14, 2024

Fourth Quarter 2023 Financial Summary vs. Year-Ago Quarter

Key Points: 
  • Fourth Quarter 2023 Financial Summary vs. Year-Ago Quarter
    Revenue was $3.5 million compared to $3.7 million.
  • The fourth quarter of 2023 included approximately $438,000 in revenue from the Company’s Mary Jones cannabis business compared to approximately $239,000 in the fourth quarter of 2022.
  • The Company’s cannabis brand, Mary Jones, generated approximately $438,000 in revenue in the fourth quarter of 2023 compared to approximately $220,000 in revenue in the third quarter of 2023 and approximately $239,000 revenue in the fourth quarter of 2022.
  • Adjusted EBITDA1 was $(1.4) million in the fourth quarter of 2023 compared to $(1.3) million in the fourth quarter of 2022.

Montauk Renewables Announces Full Year 2023 Results

Retrieved on: 
Thursday, March 14, 2024

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.

Cardlytics Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, March 14, 2024

ATLANTA, March 14, 2024 (GLOBE NEWSWIRE) -- Cardlytics, Inc. (NASDAQ: CDLX), a digital advertising platform, today announced financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • ATLANTA, March 14, 2024 (GLOBE NEWSWIRE) -- Cardlytics, Inc. (NASDAQ: CDLX), a digital advertising platform, today announced financial results for the fourth quarter and full year ended December 31, 2023.
  • "The fourth quarter capped a transformational year for Cardlytics," said Karim Temsamani, CEO of Cardlytics.
  • Adjusted Contribution, a non-GAAP metric, was $47.3 million, an increase of $7.3 million compared to $40.0 million in the fourth quarter of 2022.
  • Cardlytics MAUs in the quarter were 168.0 million, an increase of 7.1% compared to 156.9 million in the fourth quarter of 2022.

EverCommerce Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, March 14, 2024

DENVER, March 14, 2024 (GLOBE NEWSWIRE) -- EverCommerce Inc. ("EverCommerce" or the "Company") (NASDAQ: EVCM), a leading service commerce platform, today announced financial results for the quarter and year ended December 31, 2023.

Key Points: 
  • DENVER, March 14, 2024 (GLOBE NEWSWIRE) -- EverCommerce Inc. ("EverCommerce" or the "Company") (NASDAQ: EVCM), a leading service commerce platform, today announced financial results for the quarter and year ended December 31, 2023.
  • YoY Pro forma revenue growth rate of approximately 4.3% for the quarter ended December 31, 2023.
  • Adjusted EBITDA was $43.1 million for the quarter ended December 31, 2023, compared to $35.2 million for the quarter ended December 31, 2022.
  • EverCommerce’s management team will hold a conference call to discuss our fourth quarter and full year 2023 results and outlook today, March 14, 2024, at 5:00 p.m.

Brilliant Earth Reports Fourth Quarter and Fiscal Year 2023 Results

Retrieved on: 
Thursday, March 14, 2024

SAN FRANCISCO, March 14, 2024 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (Nasdaq: BRLT), an innovative, global leader in ethically sourced fine jewelry, today announced financial results for the three and twelve months ended December 31, 2023.

Key Points: 
  • SAN FRANCISCO, March 14, 2024 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (Nasdaq: BRLT), an innovative, global leader in ethically sourced fine jewelry, today announced financial results for the three and twelve months ended December 31, 2023.
  • Fourth Quarter and Fiscal Year 2023 Highlights (quarterly and annual periods ended December 31, 2023):
    Delivered record net sales of $124.3 million and $446.4 million in the fourth quarter and fiscal year, respectively
    Achieved a record level of orders in the quarter and year, growing 18% and 17% year-over-year, respectively
    Drove 28% year-over-year growth in Q4 product bookings, excluding engagement rings
    Expanded gross margin by 400 and 430 basis points to 58.7% and 57.6% for the fourth quarter and fiscal year, respectively, as compared to the same prior year periods
    Net income was $1.9 million and $4.7 million for the fourth quarter and fiscal year, respectively; and
    Adjusted EBITDA was $5.3 million and $26.2 million for the fourth quarter and fiscal year, respectively.
  • Continued omnichannel leadership: In 2023, Brilliant Earth opened 12 new showrooms, bringing its U.S. showroom count to 37 as of year end.
  • “In 2023 we again reported record net sales, orders and gross margins and completed our fourth consecutive year with positive adjusted EBITDA,” said Beth Gerstein, Co-Founder and Chief Executive Officer of Brilliant Earth.

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

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.

Alarum Announces Record of $1.7 Million Net Profit and $2.2 Million Adjusted EBITDA in the Fourth Quarter of 2023

Retrieved on: 
Thursday, March 14, 2024

TEL AVIV, Israel, March 14, 2024 (GLOBE NEWSWIRE) -- Alarum Technologies Ltd. (Nasdaq, TASE: ALAR) (“Alarum” or the “Company”), a global provider of internet access and data collection solutions, today announced record financial results for the three months and full year periods, ended December 31, 2023. 

Key Points: 
  • IFRS net profit from continuing operations reached $1.7 million in the fourth quarter of 2023, compared to an IFRS net loss from continuing operations of $3.0 million in the fourth quarter of 2022.
  • Adjusted EBITDA for the fourth quarter of 2023 continued to grow, reaching $2.2 million, compared to Adjusted EBITDA loss of $2.0 million in the fourth quarter of 2022.
  • "I am proud to share the most successful quarter in the Company's history, as revenue, net profit and Adjusted EBITDA, all meaningfully exceeded results from the previous quarter.
  • Adjusted EBITDA was $5.2 million (2022: Adjusted EBITDA loss of $8.5 million).

Mondee Reports Preliminary Unaudited Q4 & FY 2023 Results

Retrieved on: 
Thursday, March 14, 2024

AUSTIN, Texas, March 14, 2024 (GLOBE NEWSWIRE) -- Mondee Holdings, Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), a leading travel marketplace and artificial intelligence (AI) technology company, today announced preliminary unaudited financial results for the three-month period and full-year ended December 31, 2023.

Key Points: 
  • “Mondee is pleased to report record net revenues and Adjusted EBITDA in Q4 and full year 2023 ("FY 23"), exceeding guidance.
  • “Mondee's record financial performance continues, with gross bookings increasing by 24% in Q4 2023.
  • FY 23 net revenue of $222.3 million grew 39% compared to FY 22 and exceeded guidance of $217 million.
  • FY 23 operating cash flow was $(24.0) million versus FY 22's $(10.6) million.