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Lifeward Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, February 27, 2024

MARLBOROUGH, Mass. and YOKNEAM ILLIT, Israel, Feb. 27, 2024 (GLOBE NEWSWIRE) -- ReWalk Robotics Ltd. (DBA Lifeward™), (Nasdaq: LFWD) (“Lifeward” or the “Company”), a global market leader delivering life-changing solutions to revolutionize what is possible in rehabilitation, recovery, and the pursuit of life’s passions in the face of physical limitation or disability, today announced its financial results for the three months and full year ended December 31, 2023.

Key Points: 
  • Gross margin was 35.5% during the fourth quarter of 2023, compared to 30.9% in the fourth quarter of 2022.
  • Total operating expenses in the fourth quarter of 2023 were $8.6 million, compared to $5.7 million in the fourth quarter of 2022.
  • Excluding the impact of AlterG, operating expenses were $5.4 million in the fourth quarter of 2023, compared to $5.7 million in the fourth quarter of 2023, down $0.3 million, or -4%.
  • Operating loss in the fourth quarter of 2023 was $6.1 million, compared to $5.0 million in the fourth quarter of 2022.

Denali Therapeutics Reports Fourth Quarter and Full Year 2023 Financial Results and Business Highlights

Retrieved on: 
Tuesday, February 27, 2024

Enrollment continues in the global Phase 2/3 COMPASS study and is expected to be completed in 2024.

Key Points: 
  • Enrollment continues in the global Phase 2/3 COMPASS study and is expected to be completed in 2024.
  • Sanofi intends to present the detailed efficacy and safety results of the ALS Phase 2 HIMALAYA study at a future scientific forum.
  • There was no collaboration revenue for the quarter ended December 31, 2023, compared to $10.3 million for the quarter ended December 31, 2022.
  • Further, for the quarter ended December 31, 2023, there was also a decrease in other unallocated research and development expenses as a result of reduced facility costs.

Portillo’s Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Tuesday, February 27, 2024

Fourth quarter 2023 and fiscal 2023 consisted of 14 weeks and 53 weeks, respectively, and fourth quarter 2022 and fiscal 2022 consisted of 13 weeks and 52 weeks, respectively.

Key Points: 
  • Fourth quarter 2023 and fiscal 2023 consisted of 14 weeks and 53 weeks, respectively, and fourth quarter 2022 and fiscal 2022 consisted of 13 weeks and 52 weeks, respectively.
  • The additional week (the “53rd week”) in the fourth quarter 2023 and fiscal 2023 included Christmas day, resulting in six operating days.
  • **For the fourth quarter 2023, same-restaurant sales compares the 14 weeks from September 25, 2023 through December 31, 2023 to the 14 weeks from September 26, 2022 through January 1, 2023.
  • The fourth quarter 2023 and fiscal year 2023 results include the favorable impact of a 53rd operating week, which affects all fourth quarter and full year comparisons to fiscal 2022.

Intermex Reports Fourth Quarter and Full Year Results

Retrieved on: 
Tuesday, February 27, 2024

MIAMI, Feb. 27, 2024 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ: IMXI) (“Intermex” or the “Company”), one of the nation’s leading omnichannel money transfer services to Latin America and the Caribbean, today reported strong operating results for the fourth quarter and full year 2023.

Key Points: 
  • ET
    MIAMI, Feb. 27, 2024 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ: IMXI) (“Intermex” or the “Company”), one of the nation’s leading omnichannel money transfer services to Latin America and the Caribbean, today reported strong operating results for the fourth quarter and full year 2023.
  • Bob Lisy, Chairman, President, and CEO of Intermex, stated, “We are proud to deliver another quarter of strong earnings growth as we continue to execute on our omnichannel strategy.
  • The Company ended the fourth quarter of 2023 with $239.2 million in cash and cash equivalents.
  • Net Free Cash Generated for the fourth quarter was $17.2 million, up 25.9%, compared to the fourth quarter of 2022.

EverQuote Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Monday, February 26, 2024

CAMBRIDGE, Mass., Feb. 26, 2024 (GLOBE NEWSWIRE) -- EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, today announced financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • CAMBRIDGE, Mass., Feb. 26, 2024 (GLOBE NEWSWIRE) -- EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, today announced financial results for the fourth quarter and year ended December 31, 2023.
  • EverQuote exited the health insurance vertical at the end of the second quarter of 2023.
  • Revenue in our health insurance vertical was $13.1 million in the fourth quarter of 2022.)
  • EverQuote will host a conference call and live webcast to discuss its fourth quarter and full year 2023 financial results at 4:30 p.m. Eastern Time today, February 26, 2024.

Agora, Inc. Reports Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Monday, February 26, 2024

Agora: $15.3 million for the quarter, a decrease of 3.2% from $15.8 million in the fourth quarter of 2022.

Key Points: 
  • Agora: $15.3 million for the quarter, a decrease of 3.2% from $15.8 million in the fourth quarter of 2022.
  • Net loss for the quarter was $2.6 million, compared to net loss of $35.1 million in the fourth quarter of 2022.
  • Adjusted EBITDA for the quarter was negative $2.0 million, compared to negative $8.5 million in the fourth quarter of 2022.
  • Free cash flow for the quarter was $3.4 million, compared to negative $6.1 million in the fourth quarter of 2022.

As anticipated from a slow December, GTA new home sales soft in January as buyers remained tentative

Retrieved on: 
Monday, February 26, 2024

“Pent up demand continued to accumulate with buyers taking a wait-and-see attitude,” said Edward Jegg, Research Manager with Altus Group.

Key Points: 
  • “Pent up demand continued to accumulate with buyers taking a wait-and-see attitude,” said Edward Jegg, Research Manager with Altus Group.
  • There were 345 single-family home sales in January, up 92 per cent from January 2023 and 78 per cent below the 10-year average.
  • This represents a combined inventory level of ten and a half months, based on average sales for the last 12 months.
  • The benchmark price for new condominium apartments was $1,052,474, which was down seven per cent over the last 12 months.

Lincoln Educational Services Reports Results for Fourth Quarter and Full Year 2023

Retrieved on: 
Monday, February 26, 2024

PARSIPPANY, N.J., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today announced financial and operating results for the fourth quarter and full year ended December 31, 2023, as well as recent business developments.

Key Points: 
  • ET
    PARSIPPANY, N.J., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today announced financial and operating results for the fourth quarter and full year ended December 31, 2023, as well as recent business developments.
  • “During the fourth quarter, we achieved a 16% increase in student starts, all from existing campus operations, and grew revenue to more than $100 million.
  • The Lincoln 10.0 platform’s hybrid teaching model increases program efficiency and delivers accelerated revenue recognition in certain evening programs.
  • Educational services and facilities increased $4.5 million, or 12.4% to $41.0 million from $36.5 million in the prior year comparable period.

Eldorado Announces 2024 Detailed Production & Cost Guidance; Provides Four-Year Growth Profile

Retrieved on: 
Thursday, February 22, 2024

Gold production in 2024 is expected to be between 505,000 to 555,000 ounces, a 9% increase from 2023 gold production (based on the mid-point of the range).

Key Points: 
  • Gold production in 2024 is expected to be between 505,000 to 555,000 ounces, a 9% increase from 2023 gold production (based on the mid-point of the range).
  • Exploration and evaluation expenses are expected to be $27 to $30 million in 2024, with 65% expensed, and 35% capitalized.
  • In 2024, production guidance of 175,000 to 190,000 ounces at the Lamaque Complex is consistent with the previously guided range of 180,000 to 190,000 ounces.
  • Gold production of 675,000 to 735,000 ounces by 2027, resulting in growth of 45% over the four-year period from 2023 production and a compound annual growth rate of over 9%.

Chuy’s Holdings, Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Thursday, February 22, 2024

AUSTIN, Texas, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Chuy’s Holdings, Inc. (NASDAQ:CHUY) today announced financial results for the 14 week fourth quarter and the 53 week fiscal year ended December 31, 2023.

Key Points: 
  • AUSTIN, Texas, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Chuy’s Holdings, Inc. (NASDAQ:CHUY) today announced financial results for the 14 week fourth quarter and the 53 week fiscal year ended December 31, 2023.
  • Highlights for the 14 week fourth quarter ended December 31, 2023, as compared to the 13 week fourth quarter ended December 25, 2022, were as follows:
    Revenue increased 11.8% to $116.3 million compared to $104.1 million in the fourth quarter of 2022.
  • The Company's fourth quarter of 2023 included 14 weeks as compared to 13 weeks in fiscal year 2022.
  • As a percentage of revenue, general and administrative expenses increased to 6.9% in the fourth quarter of 2023 from 6.2% in the fourth quarter of 2022.