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DXP Enterprises Reports Fourth Quarter and Fiscal 2023 Results

Retrieved on: 
Thursday, March 7, 2024

DXP Enterprises, Inc. (NASDAQ: DXPE) today announced financial results for the fourth quarter and fiscal year ended December 31, 2023.

Key Points: 
  • DXP Enterprises, Inc. (NASDAQ: DXPE) today announced financial results for the fourth quarter and fiscal year ended December 31, 2023.
  • Fourth Quarter 2023 financial highlights:
    Sales were $407.0 million or $6.7 million per day for the fourth quarter of 2023, compared to $406.3 million or $6.6 million per day for the fourth quarter of 2022.
  • Adjusted earnings before interest, taxes, depreciation and amortization and other non-cash charges ("Adjusted EBITDA") for the fourth quarter of 2023 was $41.9 million compared to $31.6 million for the fourth quarter of 2022.
  • Fiscal Year 2023 financial highlights:
    Sales increased 13.4 percent to $1.7 billion or $6.7 million per day, compared to $1.5 billion or $5.9 million per day for fiscal 2022.

Nine Energy Service Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, March 7, 2024

The Company had provided original fourth quarter 2023 revenue guidance between $137.0 and $147.0 million, with actual results coming within the provided range.

Key Points: 
  • The Company had provided original fourth quarter 2023 revenue guidance between $137.0 and $147.0 million, with actual results coming within the provided range.
  • “Fourth quarter revenue was in-line with expectations, coming within the upper end of our original guidance,” said Ann Fox, President and Chief Executive Officer, Nine Energy Service.
  • During the fourth quarter of 2023, the Company reported revenues of $144.1 million, gross profit of $16.2 million and adjusted gross profit of $25.6 million.
  • During the fourth quarter of 2023, the Company reported general and administrative (“G&A”) expense of $12.8 million.

ADM to Release Fourth Quarter Financial Results and File Form 10-K on March 12, 2024

Retrieved on: 
Thursday, March 7, 2024

ADM (NYSE: ADM) will release financial results for the fourth quarter of 2023 before the market opens on Tuesday, March 12.

Key Points: 
  • ADM (NYSE: ADM) will release financial results for the fourth quarter of 2023 before the market opens on Tuesday, March 12.
  • A slide presentation will also be available for download.
  • The company will host a webcast at 8 a.m. Central Time to discuss the results and provide a company update.
  • Additionally, the Company plans to file its Form 10-K on March 12, 2024.

Core Scientific, Inc. Schedules Full Fiscal Year 2023 Earnings Release, Conference Call and Webcast

Retrieved on: 
Tuesday, March 5, 2024

Management will host a conference call and live audio webcast to discuss the results at 3:30 p.m. Central Time.

Key Points: 
  • Management will host a conference call and live audio webcast to discuss the results at 3:30 p.m. Central Time.
  • Hosting the call and webcast to review results for the full fiscal year will be Adam Sullivan, Chief Executive Officer, Denise Sterling, Chief Financial Officer, and Steven A. Gitlin, Senior Vice President, Investor Relations.
  • An audio replay of the event will be archived on the Investor Relations section of the Company’s website at https://investors.corescientific.com .
  • Dial +1 (929) 458-6194 (local), +1 (866) 813-9403 (toll-free) or +44 (204) 525-0658 (international) and enter the access code 426935.

Addus HomeCare to Participate in the Oppenheimer 34th Annual Healthcare MedTech & Services Conference

Retrieved on: 
Tuesday, March 5, 2024

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced that Dirk Allison, Chairman, President and Brad Bickham, President and Chief Operating Officer, will participate in the Oppenheimer 34th Annual Healthcare MedTech & Services Conference on March 12, 2024.

Key Points: 
  • Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, today announced that Dirk Allison, Chairman, President and Brad Bickham, President and Chief Operating Officer, will participate in the Oppenheimer 34th Annual Healthcare MedTech & Services Conference on March 12, 2024.
  • In connection with the virtual conference, there will be a live broadcast and replay of the Company’s presentation available under the Investor Relations section of the Company’s website, www.addus.com , starting at 11:20 a.m. Eastern Time / 10:20 a.m. Central Time on Tuesday, March 12, 2024.
  • An online replay will also be available on the Company’s website for one month, beginning approximately one hour following the conclusion of the live broadcast.

Ranger Energy Services, Inc. Announces Q4 2023 and Full Year 2023 Results

Retrieved on: 
Monday, March 4, 2024

Ranger Energy Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”) announced today its results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Ranger Energy Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”) announced today its results for the fourth quarter and full year ended December 31, 2023.
  • Stuart Bodden, Ranger’s Chief Executive Officer, commented, “We are pleased to report the highest annual earnings in Ranger’s history in 2023.
  • Ranger also reported record high EBITDA, Free Cash Flow and Earnings per Share despite weaker than anticipated customer activity.
  • Ranger is debt free with over $85 million of liquidity and confident in our ability to navigate an uncertain environment.

RumbleOn Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Schedule

Retrieved on: 
Thursday, February 29, 2024

RumbleOn, Inc. (NASDAQ: RMBL) (the “Company” or “RumbleOn”), operates primarily through two operating segments: the RideNow Powersports dealership group and Wholesale Express, an asset-light logistics provider focused on the automotive industry.

Key Points: 
  • RumbleOn, Inc. (NASDAQ: RMBL) (the “Company” or “RumbleOn”), operates primarily through two operating segments: the RideNow Powersports dealership group and Wholesale Express, an asset-light logistics provider focused on the automotive industry.
  • RumbleOn today announced that it will release its fourth quarter and full year 2023 operational and financial results before the market opens on Thursday, March 14, 2024.
  • The Company has scheduled a conference call and webcast on the same day at 7:00 a.m. Central Time (8:00 a.m. Eastern Time) to discuss its operational and financial results.
  • When: Thursday, March 14, 2024, at 7:00 am Central Time (8:00 a.m. Eastern Time)
    Conference Call Dial In: 1-201-493-6779 for United States callers, or 1-877-407-9716 for callers outside the United States; Conference ID: 13743245

Six Flags Reports Fourth Quarter and Full Year 2023 Performance

Retrieved on: 
Thursday, February 29, 2024

The season pass mix-driven decline in in-park spending per capita was partially offset by higher average pending per visit on food and beverage for full year 2023 versus the prior year and higher average spending per visit on attractions during Fright Fest in fourth quarter 2023 versus the prior year fourth quarter.

Key Points: 
  • The season pass mix-driven decline in in-park spending per capita was partially offset by higher average pending per visit on food and beverage for full year 2023 versus the prior year and higher average spending per visit on attractions during Fright Fest in fourth quarter 2023 versus the prior year fourth quarter.
  • Also, in fourth quarter 2023, the company incurred $15 million in merger-related transaction costs.
  • Deferred revenue was $128 million as of December 31, 2023, a decrease of $1 million, or 1%, from January 1, 2023.
  • At 7:00 a.m. Central Time today, February 29, 2024, the company will host a conference call to discuss its fourth quarter and full year 2023 financial performance.

Cactus Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 28, 2024

Operating income includes a $1.8 million loss and a $5.1 million gain during the fourth quarter of 2023 and third quarter of 2023, respectively, related to the remeasurement of the earn-out liability associated with the FlexSteel acquisition.

Key Points: 
  • Operating income includes a $1.8 million loss and a $5.1 million gain during the fourth quarter of 2023 and third quarter of 2023, respectively, related to the remeasurement of the earn-out liability associated with the FlexSteel acquisition.
  • In the fourth quarter, Adjusted EBITDA margins in both segments exceeded expectations, and we generated substantial free cash flow.”
    “In the first quarter of 2024, we anticipate that U.S. land activity levels will be approximately flat from the fourth quarter of 2023.
  • Fourth quarter 2023 Spoolable Technologies revenues decreased $11.0 million, or 10.4%, sequentially, due to reduced customer activity levels.
  • Operating cash flow was $91.7 million for the fourth quarter of 2023.

Forum Energy Technologies Reschedules Fourth Quarter and Full Year 2023 Earnings Conference Call

Retrieved on: 
Wednesday, February 28, 2024

Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its fourth quarter and full year 2023 earnings conference call at 10:00 a.m. Central Time on Friday, March 1, 2024.

Key Points: 
  • Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its fourth quarter and full year 2023 earnings conference call at 10:00 a.m. Central Time on Friday, March 1, 2024.
  • FET delayed its fourth quarter and full year 2023 earnings release and investor conference call to allow time to assess valuation allowance reserves in an international jurisdiction and quantify the potential impact to income tax and net income.
  • After careful review and analysis, including the company’s independent auditors, the valuation allowance reserves remain unchanged.
  • FET will issue a press release reporting its fourth quarter and full year 2023 earnings prior to the conference call.