Adjusted gross income

AWH ANNOUNCES Q3 2023 FINANCIAL RESULTS

Retrieved on: 
Tuesday, November 7, 2023
Adjustment, Cannabis, Adjusted gross income, Royale, Financial result, EBITDA, G&A, Corporation, GAAP, Free cash flow, CSE, Nature, Growth, Cash flow, AWH, Ascend, The Company, Depreciation, Video game, Bookkeeping, Bank, Security (finance), Operation

Achieved $141.3M Net Revenue in Q3 2023, a 27.0% Increase Year-Over-Year and 14.9% Increase Quarter-Over-Quarter

Key Points: 
  • Achieved $141.3M Net Revenue in Q3 2023, a 27.0% Increase Year-Over-Year and 14.9% Increase Quarter-Over-Quarter
    Reported $29.5 million in Adjusted EBITDA, a 38.5% Quarter-Over-Quarter Improvement
    Generates $24 million in Cash from Operations1; Positive for Third Consecutive Quarter
    Generates $13 million in Free Cash Flow1; First Quarter Positive
    NEW YORK, Nov. 7, 2023 /PRNewswire/ - Ascend Wellness Holdings, Inc. ("AWH" or the "Company" or "Ascend") (CSE: AAWH.U) (OTCQX: AAWH), a vertically integrated multi-state cannabis operator focused on bettering lives through cannabis, today reported its financial results for the three months ending September 30, 2023 ("Q3 2023").
  • Financial results are reported in accordance with U.S. generally accepted accounting principles ("GAAP") and all currency is in U.S. dollars.
  • Total Q3 2023 general and administrative ("G&A") expenses were $40.0 million, compared to $36.3 million in the prior quarter.
  • ET to discuss its financial results for the quarter ended September 30, 2023.

Freshpet, Inc. Reports Third Quarter 2023 Financial Results

Retrieved on: 
Monday, November 6, 2023
Adjusted gross income, Accounting, SG, EBITDA, GAAP, Internet, Growth, Capital expenditure, Depreciation, ERP, Hunting, Reinsurance, Pharmaceutical industry, Real estate, Bank, Bookkeeping, Cryptocurrency, Adjustment

SECAUCUS, N.J., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Freshpet, Inc. (“Freshpet” or the “Company”) (Nasdaq: FRPT) today reported financial results for its third quarter ended September 30, 2023.

Key Points: 
  • As a result of our strong third quarter performance, we are raising our 2023 guidance today," commented Billy Cyr, Freshpet’s Chief Executive Officer.
  • Net sales increased 32.6% to $200.6 million for the third quarter of 2023 compared to $151.3 million for the third quarter of 2022.
  • Adjusted Gross Profit is a non-GAAP financial measure defined under “Non-GAAP Measures” and is reconciled to gross profit in the financial tables that accompany this release.
  • Adjusted EBITDA was $23.2 million for the third quarter of 2023, compared to $3.5 million in the prior year period.

Mondelēz International Reports Q3 2023 Results

Retrieved on: 
Wednesday, November 1, 2023
Outlook, SG, Growth, Transport, Adjusted gross income, EPS, GAAP, Free cash flow, Acquisition, International, Tax, Webcast, Bank, Adjustment

CHICAGO, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (Nasdaq: MDLZ) today reported its third quarter 2023 results.

Key Points: 
  • Mondelēz International provides its outlook on a non-GAAP basis, as the company cannot predict some elements that are included in reported GAAP results, including the impact of foreign exchange.
  • For 2023, the company is updating its 2023 fiscal outlook and now expects 14 to 15 percent Organic Net Revenue growth versus the prior outlook of 12+ percent, which reflects the strength of its year-to-date performance.
  • The company estimates currency translation would decrease 2023 net revenue growth by approximately 4 percent3 with a negative $0.15 impact to Adjusted EPS3.
  • Mondelēz International will host a conference call for investors with accompanying slides to review its results at 5 p.m.

Kraft Heinz Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 1, 2023
Food, Beverage, Retail, Adjustment, Sale, Growth, EVP, Adjusted gross income, Tax, Red Bull, LATAM, Public expenditure, Omnichannel, EBITDA, Cheese, Norwegian Association of Audiovisual Translators, GAAP, NCT 2020 Resonance, Research, Organic, Away from Home, Nature, EPS, Marketing, Kraft Heinz, Culture, Taste, Elasticity, Investment, Uncertainty, Globalization, Currency adjustment factor, Renewable energy, Insurance, Bookkeeping, Fast-moving consumer goods, Risk management, Meal, International zone

Navio has been with Kraft Heinz since 2017, and is currently President, Taste, Meals, and Away From Home, in North America.

Key Points: 
  • Navio has been with Kraft Heinz since 2017, and is currently President, Taste, Meals, and Away From Home, in North America.
  • Prior to Kraft Heinz, Navio spent more than 15 years at Red Bull, most recently as CEO of Latin America.
  • “Rafael has been with Kraft Heinz since 2014 in several top leadership roles and has been a critical part of our transformation,” said Patricio.
  • A pre-recorded management discussion of The Kraft Heinz Company's third quarter 2023 earnings is available at ir.kraftheinzcompany.com .

Mobileye Releases Third Quarter 2023 Results, Updates Guidance and Provides Business Overview

Retrieved on: 
Thursday, October 26, 2023
Other Energy, Automotive Manufacturing, Technology, Manufacturing, Other Technology, Alternative Energy, Energy, Adjustment, IPO, Adjusted gross income, Back to the Basics (EP), Earnings per share, GAAP, Acquisition, Average cost, EPS, Webcast, Supervision, Stock dilution, Bank, Moovit, Q3, Mobileye

This information reflects Mobileye’s expectations for Revenue, Operating Loss and Adjusted Operating Income results for the year ending December 30, 2023.

Key Points: 
  • This information reflects Mobileye’s expectations for Revenue, Operating Loss and Adjusted Operating Income results for the year ending December 30, 2023.
  • These statements represent forward-looking information and may not represent a financial outlook, and actual results may vary.
  • Mobileye will host a conference call today, October 26, 2023, at 8:00am ET (3:00pm IT) to review its results and provide a general business update.
  • We use such non-GAAP financial measures to make strategic decisions, establish business plans and forecasts, identify trends affecting our business, and evaluate performance.

Mattel Reports Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, October 25, 2023
Children, Entertainment, Consumer, Licensing (Entertainment), Sale, Security (finance), Adjusted gross income, Accounting, 600 (number), Gross income, Tax, Food, Regulation, Earnings per share, Movement, Public expenditure, Appendix, EBITDA, Disclosure, GAAP, Free cash flow, Nature, Growth, Transport, EPS, Disease, COVID-19, Risk, Regulate... G Funk Era, Part II, Webcast, Employment, Natural borrowing limit, Depreciation, Eastern Standard, Pandemic, Investment, XV, Failure, State Administrative Expenses, Bookkeeping, Cryptocurrency, Adjustment, Mattel

At 5:00 p.m. (Eastern Standard Time) today, Mattel will host a conference call with investors and financial analysts to discuss its third quarter financial results.

Key Points: 
  • At 5:00 p.m. (Eastern Standard Time) today, Mattel will host a conference call with investors and financial analysts to discuss its third quarter financial results.
  • To supplement our financial results presented in accordance with generally accepted accounting principles in the United States (“GAAP”), Mattel presents certain non-GAAP financial measures within the meaning of Regulation G promulgated by the Securities and Exchange Commission.
  • Mattel believes that the disclosure of non-GAAP financial measures provides useful supplemental information to investors to be able to better evaluate ongoing business performance and certain components of Mattel’s results.
  • The disclosure of the percentage change in constant currency enhances investor’s ability to compare financial results from one period to another.

AYR Wellness Reports Second Quarter 2023 Results

Retrieved on: 
Thursday, August 17, 2023
ERC, Table, Bank statement, Economy, Calendar, Coronavirus, GSD, GAAP, AYR, Adjusted gross income, Public expenditure, Definition, Education for Economic Security Act, EBITDA, Acquisition, MD, Depreciation, Growth, Adjustment, News, Bookkeeping, Commercial property, Drug, Real estate, Bank, Q2

MIAMI, Aug. 17, 2023 (GLOBE NEWSWIRE) -- AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator (“MSO”), is reporting financial results for the second quarter ended June 30, 2023. Unless otherwise noted, all results are presented in U.S. dollars.

Key Points: 
  • The Company has opened 10 Florida stores thus far in 2023, bringing its Florida store total to 62 open locations to date.
  • The Company plans to exit 2023 with a total of Florida 64 stores, compared to 52 to start the year.
  • AYR expects to generate revenue and Adjusted EBITDA growth in the second half of 2023 and into 2024 and to generate positive GAAP cash flow from operations for the calendar year 2023.
  • Certain financial information reported in this news release is extracted from AYR’s Consolidated Financial Statements and MD&A for the quarter ended June 30, 2023.

Priority Technology Holdings, Inc. Announces Second Quarter 2023 Financial Results

Retrieved on: 
Thursday, August 10, 2023
Professional Services, Payments, Technology, Software, Finance, Fintech, Banking, Communication, GAAP, Ratio, EDT, Adjusted gross income, Acquisition, Commerce, Depreciation, Adjustment, Video game, Bank, Plastiq Musiq, Priority

Priority Technology Holdings, Inc. (NASDAQ: PRTH) ("Priority" or the "Company"), the platform for unified commerce that delivers integrated payments and banking services at scale, today announced its second quarter 2023 financial results including strong quarter-over-quarter diversified revenue growth.

Key Points: 
  • Priority Technology Holdings, Inc. (NASDAQ: PRTH) ("Priority" or the "Company"), the platform for unified commerce that delivers integrated payments and banking services at scale, today announced its second quarter 2023 financial results including strong quarter-over-quarter diversified revenue growth.
  • See "Non-GAAP Financial Measures" and the reconciliations of Adjusted Gross Profit (non-GAAP), Adjusted Gross Profit Margin (non-GAAP), and Adjusted EBITDA, to their most comparable GAAP measures provided below for additional information.
  • An audio replay of the call will be available shortly after the conference call until August 17, 2023 at 2:00 p.m. EDT.
  • We believe these non-GAAP measures help to illustrate the underlying financial and business trends relating to our results of operations and comparability between current and prior periods.

WELL Health Reports Record Results for Q2-2023 and Upgrades Guidance for Balance of Year

Retrieved on: 
Thursday, August 10, 2023
Data science, Strategic alliance, Electronic health record, Acquisition, Patient, Investment, Artificial intelligence, WELL Health Technologies, ESG, Quaternary, Anesthesia, EConsult, WELL, Human voice, SEDAR, TSX, Growth, Social, AR, International, Care, MCI, British Columbia Technology Industry Association, Public health, Biophysical environment, Adjustment, Amwell (company), Rare, Multifactorial, Alliance for Natural Health USA, Software as a service, National health insurance, EMR, Bank statement, CRH, Adjusted gross income, EBITDA, AI, Ecosystem, Health, Bookkeeping, Health insurance, Nursing, Medical device, Video game, Pharmaceutical industry, Reinsurance, Wisp, Radar, Computer security

WELL achieved record quarterly revenues of $170.9 million and record Adjusted EBITDA(1) of $27.8 million in Q2-2023.

Key Points: 
  • WELL achieved record quarterly revenues of $170.9 million and record Adjusted EBITDA(1) of $27.8 million in Q2-2023.
  • The Company also almost achieved 1.5 million total patient interactions(2) representing approximately 5.9 million patient interactions on an annualized run-rate basis.
  • We are determined to faithfully support healthcare professionals with the very best technology available which now includes significant investments in AI-based products and services."
  • On July 27, 2023, the Company announced that it has re-branded CRH Medical Corporation as WELL Health USA.

Fluence Energy, Inc. Reports Third Quarter Fiscal 2023 Results

Retrieved on: 
Wednesday, August 9, 2023
News, Table, Bank statement, Policy, Tax Receivable Agreements, GAAP, Cell, EDT, NMC, Adjusted gross income, Inflation, Cautionary tale, PIN, EBITDA, Depreciation, Growth, Inflation Reduction Act of 2022, ITC, Free cash flow, Adjustment, Northvolt, Rare-earth element, Video game, Security (finance), Bank, Radiant exposure

ARLINGTON, Va., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (Nasdaq: FLNC) (“Fluence” or the “Company”), a leading global pure-play provider of energy storage products and services as well as digital applications for renewables and storage, today announced its results for the three months ended June 30, 2023.

Key Points: 
  • Total backlog3 of approximately $2.9 billion as of June 30, 2023, compared to approximately $2.8 billion as of March 31, 2023.
  • We are raising our fiscal year 2023 revenue guidance to a range of $2.0 billion to $2.1 billion and our fiscal year 2023 Adjusted gross profit5 guidance to a range of $117 million to $132 million.
  • Furthermore, the Company is increasing its fiscal year 2023 Adjusted gross profit7 guidance range to $117 million to $132 million.
  • The Company will conduct a teleconference starting at 8:30 a.m. EDT on Thursday, August 10th, 2023, to discuss the third fiscal quarter results.