Total

Terreno Realty Corporation Acquires Property in Brooklyn, NY for $12.0 Million

Retrieved on: 
Monday, March 25, 2024
Commercial Building & Real Estate, Construction & Property, REIT, Risk, Annual report, Acquisition, Public expenditure, Total

The property consists of one industrial distribution building containing approximately 24,000 square feet on 0.7 acres.

Key Points: 
  • The property consists of one industrial distribution building containing approximately 24,000 square feet on 0.7 acres.
  • The property is at 181 Lombardy Street adjacent to the Brooklyn-Queens Expressway, provides one dock-high and one grade-level loading position and parking for 10 cars.
  • The property is vacant and the estimated stabilized cap rate is 5.7%.
  • Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C.

Greenhouse Gas Emissions Are Dropping in Key Sectors, but California Still Not on Pace to Achieve 2030 Climate Goal as Emissions Rebound Following Lockdown

Retrieved on: 
Thursday, March 14, 2024
Public Policy, Government, Sustainability, Environment, State, Local, Environmental Issues, Climate Change, Green Technology, Research, Kilowatt-hour, Electricity, ZEVS, Natural gas, Public utilities commission, Lifting, Global warming potential, Climate, News, Transport, Wind, Carbon, Plant, Gross domestic product, Multimedia, CARB, CPUC, Economics, RPS, Total, CAISO, Renewable energy

If you look at the trajectory since 2010, California won’t meet our 2030 climate goal until 2047.

Key Points: 
  • If you look at the trajectory since 2010, California won’t meet our 2030 climate goal until 2047.
  • But overall, greenhouse gas emissions from passenger cars, heavy-duty trucks, and other vehicles were more than 10% lower in 2021 compared to 2019.
  • California’s cement plants account for two percent of total statewide carbon emissions and almost 10 percent of industrial emissions.
  • Despite light-duty vehicles emissions increasing 10.6% (+10.0 MMTCO2e) from 2020 to 2021, overall transportation emissions are trending downward in California.

Kezar Life Sciences Reports Fourth Quarter and Year End 2023 Financial Results and Provides Business Update

Retrieved on: 
Thursday, March 14, 2024
Biotechnology, Health, Pharmaceutical, Clinical Trials, Oncology, Research, Week, Autoimmune hepatitis, NMPA, ALT, AIH, Patient, CRR, Cohort, G&A, CDE, UPCR, IND, Clinical trial, Therapy, KZR, Safety, Pharmacokinetics, Lupus nephritis, Total, Pharmaceutical industry

(Nasdaq: KZR), a clinical-stage biotechnology company developing breakthrough treatments for immune-mediated and oncologic disorders, today reported financial results for the fourth quarter and year ended December 31, 2023 and provided a business update.

Key Points: 
  • (Nasdaq: KZR), a clinical-stage biotechnology company developing breakthrough treatments for immune-mediated and oncologic disorders, today reported financial results for the fourth quarter and year ended December 31, 2023 and provided a business update.
  • Research and development (R&D) expenses for the fourth quarter of 2023 increased by $7.7 million to $22.6 million, compared to $14.9 million in the fourth quarter of 2022.
  • General and administrative (G&A) expenses for the fourth quarter of 2023 increased by $0.6 million to $5.8 million compared to $5.2 million in the fourth quarter of 2022.
  • Restructuring and impairment charges for the fourth quarter of 2023 were $6.2 million.

Blend Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Friday, March 15, 2024
Professional Services, Technology, Software, Finance, Fintech, Internet, Banking, Growth, Retail banking, ...Continued, BLND, Mortgage Bankers Association, GAAP, Citizens Bank, Total, Fannie Mae, Bank

Blend Labs, Inc. (NYSE:BLND), a leader in cloud banking software, today announced its fourth quarter and full year 2023 financial results.

Key Points: 
  • Blend Labs, Inc. (NYSE:BLND), a leader in cloud banking software, today announced its fourth quarter and full year 2023 financial results.
  • “Despite a challenging market environment, Blend has achieved substantial progress on our three strategic priorities over the course of 2023,” said Nima Ghamsari, Head of Blend.
  • Total company revenue in 2023 was $156.8 million, composed of Blend Platform segment revenue of $109.5 million and Title segment revenue of $47.3 million.
  • Non-GAAP Blend Platform segment gross profit was $77.4 million in 2023, up from $76.3 million in 2022.

Kopin Corporation Reports Financial Results for the Fourth Quarter and Full Year 2023

Retrieved on: 
Thursday, March 14, 2024
Wearables, Mobile Technology, Technology, Other Defense, Other Technology, Military, Audio, Video, Hardware, Consumer Electronics, Defense, Artificial Intelligence, Automation, Growth, Weakness, Form, Corporation, Internal, Research, Kopin, Sale, 3D, KOPN, Risk, Kopin Corporation, ATM, OLED, Administration, Total, Market, Video game

Kopin Corporation (Nasdaq: KOPN), a leading provider of application-specific optical solutions for defense, enterprise, industrial, and consumer products, today reported financial results for the fourth quarter and full fiscal year ended December 30, 2023.

Key Points: 
  • Kopin Corporation (Nasdaq: KOPN), a leading provider of application-specific optical solutions for defense, enterprise, industrial, and consumer products, today reported financial results for the fourth quarter and full fiscal year ended December 30, 2023.
  • Product revenues for the fourth quarter ended December 30, 2023, were $6.8 million, compared to $8.7 million for the fourth quarter ended December 31, 2022.
  • R&D expenses for the fourth quarter of 2023 were $2.2 million compared to $4.7 million for the fourth quarter of 2022.
  • SG&A expenses were $5.9 million for the fourth quarter of 2023, compared to $4.9 million for the fourth quarter of 2022.

Hong Kong Hotels Market Statistics Report 2023: Size by Rooms (Total, Occupied, Available), Revenues, Customer Type (Business and Leisure), Hotel Categories (Budget, Midscale, Upscale, Luxury) - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 13, 2024
Lodging, Travel, Forecasting, Business, Establishment, Customer, Total revenue, Marketing, Total, Hotel

The "Hong Kong Hotels Market Size by Rooms (Total, Occupied, Available), Revenues, Customer Type (Business and Leisure), Hotel Categories (Budget, Midscale, Upscale, Luxury), and Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Hong Kong Hotels Market Size by Rooms (Total, Occupied, Available), Revenues, Customer Type (Business and Leisure), Hotel Categories (Budget, Midscale, Upscale, Luxury), and Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
  • The report acts as an essential tool for companies active or plans to venture in to Hong Kong's Hotels business.
  • Analysis of the Room Occupancy Rate, Rooms Nights Available and Occupied and total Number of Hotel Establishments & Rooms.
  • Analytics on Revenue stream - Total Revenue, Room & Non-Room Revenue, Revenue per Available and Occupied Room and Total Revenue per Available Room by Hotel Category & Customer Type.

Cresco Labs Reports Fourth Quarter & Full Year 2023 Financial Results Demonstrating Significant Profitability and Cash Flow Improvements

Retrieved on: 
Wednesday, March 13, 2024
Alternative Medicine, Cannabis, Retail, Health, Tobacco, Natural Resources, Specialty, Hierarchy, Tax, Webcast, EDGAR, Bank statement, Cresco Labs, GAAP, Depreciation, Eastern Time Zone, Core, Total, Video game

Fourth quarter revenue of $188 million, excluding the impact from strategic divestitures aimed to drive profitability, down 2% year-over-year.

Key Points: 
  • Fourth quarter revenue of $188 million, excluding the impact from strategic divestitures aimed to drive profitability, down 2% year-over-year.
  • Fourth quarter adjusted EBITDA1 nearly doubled year-over-year to $55 million, or 29% of revenue, a 1,400 bps improvement.
  • 1 See “Non-GAAP Financial Measures” at the end of this press release for more information regarding the Company’s use of non-GAAP financial measures.
  • As of December 31, 2023, current assets were $278 million, including cash, cash equivalents and restricted cash of $109 million.

Arcos Dorados Reports Strong Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, March 13, 2024
Retail, Restaurant, Bar, Food, Beverage, Constant, Growth, Distortion, Form, Webcast, AGM, Sale, Public expenditure, Table, Record, Insurance, Bank statement, Adjustment, GAAP, Depreciation, Arcos Dorados Holdings, Hand, Total

As of December 31, 2023, total cash and cash equivalents were $246.8 million and total financial debt (including the net derivative instrument position) was $728.1 million.

Key Points: 
  • As of December 31, 2023, total cash and cash equivalents were $246.8 million and total financial debt (including the net derivative instrument position) was $728.1 million.
  • Net cash generated from operating activities for the full year 2023, totaled $382.0 million, up 11% from the prior year’s $345.4 million.
  • On March 12, 2024, the Board of Directors of Arcos Dorados Holdings Inc. approved a cash dividend for 2024.
  • In order to access the webcast, members of the investment community should follow this link: Arcos Dorados Fourth Quarter 2023 Results Webcast .

Boxlight Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, March 13, 2024
Software, Audio, Video, Hardware, Other Education, Continuing, Technology, Primary, Secondary, Education, EPS, Working capital, Optimism, Corporation, Adjustment, Perception, Three Months, Total, Pharmaceutical industry

Boxlight Corporation (Nasdaq: BOXL) (“Boxlight” or the “Company”), a leading provider of interactive technology solutions, today announced the Company’s financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Boxlight Corporation (Nasdaq: BOXL) (“Boxlight” or the “Company”), a leading provider of interactive technology solutions, today announced the Company’s financial results for the fourth quarter and full year ended December 31, 2023.
  • Gross profit for Q4'23 was $12.3 million as compared to $14.4 million for Q4'22, resulting in a decrease of 14.5%.
  • At December 31, 2023, Boxlight had $17.3 million in cash and cash equivalents, $54.1 million in working capital, and $40.2 million in debt, net of debt issuance costs.
  • The Company will hold a conference call to announce its fourth quarter and full year 2023 financial results on Wednesday, March 13, 2024, at 4:30 p.m. Eastern Time.

Core Scientific Announces Fiscal Fourth Quarter and Full Fiscal Year 2023 Results

Retrieved on: 
Tuesday, March 12, 2024
Professional Services, Data Management, Other Energy, Technology, Cryptocurrency, Energy, Hardware, Bitcoin, Tax, GPU, Growth, Telephone, Senior, Science, Internet access, Investment, Access, Miner, Multimedia, Total, Mining

Core Scientific, Inc. (NASDAQ: CORZ), a leader in bitcoin mining and digital infrastructure for emerging high-value compute, reported its financial results for the fiscal fourth quarter and year ended December 31, 2023.

Key Points: 
  • Core Scientific, Inc. (NASDAQ: CORZ), a leader in bitcoin mining and digital infrastructure for emerging high-value compute, reported its financial results for the fiscal fourth quarter and year ended December 31, 2023.
  • Cost of revenue of $102.6 million in the fiscal fourth quarter of 2023 decreased by $65.9 million, or 39%, from $168.5 million for the same period in the prior year.
  • Total operating expenses of $30.0 million in fiscal fourth quarter 2023 decreased $12.6 million from total operating expenses of $42.6 million for the fiscal fourth quarter 2022.
  • Adjusted EBITDA improved to $57.5 million in the fiscal fourth quarter 2023 compared to $6.3 million in the fiscal fourth quarter of 2022, an improvement of $51.2 million.