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SiriusPoint reports 87.6% Combined ratio for its Core operations with Net Income up $622m at 9M’23

Retrieved on: 
Wednesday, November 8, 2023
Storm, Sale, Risk, Security (finance), Tax, Deferred acquisition costs, LPT, Corporation, Schedule 13D, GAAP, Acquisition, Internet, 2020 Iran–Turkey earthquakes, Bank statement, Growth, British Insurance Services, COVID-19, Regulate... G Funk Era, Net, Mga offensive, Total, Investment, Hurricane Ian, Agreement, Annual report, Effect, Management, Bank, Cryptocurrency, Reinsurance, Insurance, Materiality, Core

Core underwriting income (loss), Core net services income, Core income (loss) and Core combined ratio are non-GAAP financial measures.

Key Points: 
  • Core underwriting income (loss), Core net services income, Core income (loss) and Core combined ratio are non-GAAP financial measures.
  • Core underwriting income, Core net services income, Core income and Core combined ratio are non-GAAP financial measures.
  • Segment income for the nine months ended September 30, 2023 consists of underwriting income of $34.8 million (96.3% combined ratio) and net services income of $34.7 million, compared to underwriting income of $10.7 million (98.5% combined ratio) and net services income of $31.2 million for the nine months ended September 30, 2022.
  • Core underwriting income, Core net services income, Core income, and Core combined ratio are non-GAAP financial measures.

FIGS Releases Third Quarter 2023 Financial Results, Raises Full Year Guidance and Adds New Independent Director to Board

Retrieved on: 
Thursday, November 2, 2023
Hospitals, Specialty, Catalog, Other Health, Fashion, Managed Care, General Health, Health, Retail, Online Retail, IPO, NYSE, International, Regulation, Public expenditure, EBITDA, Regulation S-K, GAAP, TEAMS, Growth, Marketing, American Airlines Group, Regulate... G Funk Era, Webcast, Income tax, Retirement, Depreciation, CFO, Finance, Investment, Pharmaceutical industry, Security (finance), Bookkeeping, Bank, Management, Cryptocurrency, FIGS

Net income, as adjusted(2) was $6.3 million and diluted earnings per share, as adjusted(2) was $0.03.

Key Points: 
  • Net income, as adjusted(2) was $6.3 million and diluted earnings per share, as adjusted(2) was $0.03.
  • Active customers(3) as of September 30, 2023 increased 19.6% to 2.6 million.
  • “We are pleased with our third quarter performance and to be raising our full year guidance,” said Trina Spear, Chief Executive Officer and Co-founder.
  • Mr. Marte joins the Board as an independent director and has also been appointed to the Board’s Audit Committee.

Employers Holdings, Inc. Reports Third Quarter 2023 Results; Declares Regular Quarterly Dividend of $0.28 per Share

Retrieved on: 
Wednesday, October 25, 2023
Consulting, Labor, Professional Services, Public Policy, Government, Human Resources, EIG, Sarbanes–Oxley Act, NYSE, Tax, Regulation, LPT, Telephone, Corporation, Share repurchase, GAAP, Employment, Regulate... G Funk Era, Webcast, Sarbanes, Finance, Investment, LAE, Appetite, Insurance, Video game, Reinsurance, Renewable energy, Bank, Holding company, Life insurance, Renting, Birth control

Chief Executive Officer Katherine Antonello commented: “Our third quarter results are a testament to the transformational changes we are making at Employers.

Key Points: 
  • Chief Executive Officer Katherine Antonello commented: “Our third quarter results are a testament to the transformational changes we are making at Employers.
  • Our capital management efforts this quarter consisted of $14.4 million of share repurchases and $7.3 million of regular quarterly dividends, and our efforts year-to-date consisted of $61.6 million of share repurchases and $22.0 million of regular quarterly dividends.
  • Today the Board of Directors declared a regular quarterly dividend of $0.28 per share.
  • During the third quarter of 2023, the Company repurchased 367,209 shares of its common stock at an average price of $38.95 per share.

NextGen Healthcare Reports Fiscal 2024 Second Quarter Results

Retrieved on: 
Tuesday, October 24, 2023
Other Health, Health, Technology, Health Technology, Software, Depreciation, Insurance, EBITDA, NextGen Healthcare, News, GAAP, Acquisition, Regulate... G Funk Era, Generally Accepted Accounting Principles (United States), Bank

NextGen Healthcare, Inc. (Nasdaq: NXGN), a leading provider of innovative, cloud-based healthcare technology solutions, today announced its operating results for the fiscal second quarter ending September 30, 2023.

Key Points: 
  • NextGen Healthcare, Inc. (Nasdaq: NXGN), a leading provider of innovative, cloud-based healthcare technology solutions, today announced its operating results for the fiscal second quarter ending September 30, 2023.
  • “The team produced solid financial and operational results this quarter as we look forward to the next chapter in the company’s history,” said David Sides, president and chief executive officer of NextGen Healthcare.
  • Other companies may calculate non-GAAP measures differently than NextGen Healthcare, Inc., which limits comparability between companies.
  • The normalized non-GAAP tax rate expected to be applied to each quarter of fiscal year 2024 is 21.0%.

Greystone Logistics, Inc. Reports Impressive Results of Operations for the Three Months Ended August 31, 2023

Retrieved on: 
Tuesday, October 17, 2023
Food, OTCQB, Telephone number (mathematics), Disclosure, EBITDA, International Numbering System for Food Additives, Regulate... G Funk Era, Three Months, Q&A, Regulation, GAAP, Conference, Security (finance), Cryptocurrency, Bookkeeping

TULSA, Okla., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Tulsa-based Greystone Logistics, Inc. (OTCQB:GLGI) reports results of operations for the three months ended August 31, 2023.

Key Points: 
  • TULSA, Okla., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Tulsa-based Greystone Logistics, Inc. (OTCQB:GLGI) reports results of operations for the three months ended August 31, 2023.
  • EBITDA for the three months ended August 31, 2023, was $4,228,410 compared to $3,302,499 for the three months ended August 31, 2022.
  • Sales for the three months ended August 31, 2023, were $17,413,671 compared to sales of $18,953,599 in the prior period.
  • Gross profit margins were 23.2% and 13.0% for the three months ended August 31, 2023 and 2022, respectively.

Mattel Announces Third Quarter 2023 Financial Results and Conference Call Date

Retrieved on: 
Wednesday, October 4, 2023
Toys, Entertainment, Professional Services, Consumer, Technology, Retail, Other Consumer, Other Professional Services, Licensing (Entertainment), Finance, Other Technology, Electronic Games, Webcast, Regulate... G Funk Era, Mattel Inc v 3894207 Canada Inc, MAT, Investor application, Mattel

Mattel, Inc. (NASDAQ: MAT) today announced that it plans to release its third quarter 2023 financial results on Wednesday, October 25, 2023, at approximately 4:05 p.m. Eastern Time.

Key Points: 
  • Mattel, Inc. (NASDAQ: MAT) today announced that it plans to release its third quarter 2023 financial results on Wednesday, October 25, 2023, at approximately 4:05 p.m. Eastern Time.
  • Following this, Mattel will host a webcast conference call at 5:00 p.m. Eastern Time.
  • The webcast and accompanying slides will be available under the Events and Presentations section of Mattel's Investor Relations website, https://investors.mattel.com .
  • An archive of the webcast will be available on the Company's website for 12 months following the event.

GREYSTONE LOGISTICS, INC. REPORTS RECORD RESULTS OF OPERATIONS FOR THE YEAR ENDED MAY 31, 2023

Retrieved on: 
Tuesday, August 29, 2023
Year-ending, Food, Q&A, Face, Marketing, Disclosure, Regulate... G Funk Era, OTCQB, GAAP, EBITDA, Telephone number (mathematics), International Numbering System for Food Additives, Security (finance), OK, HDPE, Conference, Regulation, 3D printing

Tulsa-based Greystone Logistics, Inc. reports results of operations for the year ended May 31, 2023.

Key Points: 
  • Tulsa-based Greystone Logistics, Inc. reports results of operations for the year ended May 31, 2023.
  • Greystone recorded earnings per share of common stock for the year ended May 31, 2023, of $0.21 compared to $0.14 for the prior year.
  • EBITDA for the year ended May 31, 2023, was $15,234,836 compared to $11,283,711 for the year ended May 31,2022.
  • Sales for the year ended May 31, 2023, were $60,758,962 compared to sales of $74,170,351 in the prior year.

FIGS Releases Second Quarter 2023 Financial Results

Retrieved on: 
Thursday, August 3, 2023
Nursing, General Health, Health, Hospitals, Catalog, Online Retail, Fashion, Retail, International, TEAMS, Regulate... G Funk Era, Income tax, GAAP, ID, EBITDA, Retirement, Investment, Webcast, CFO, Depreciation, Growth, Entrepreneurship, NYSE, Regulation, Regulation S-K, Pharmaceutical industry, Bookkeeping, Cryptocurrency, Bank

FIGS, Inc. (NYSE: FIGS) (the “Company”), the direct-to-consumer apparel and lifestyle brand dedicated to the healthcare community, today released its second quarter 2023 financial results and published a financial highlights presentation on its investor relations website at ir.wearfigs.com/financials/quarterly-results/ .

Key Points: 
  • FIGS, Inc. (NYSE: FIGS) (the “Company”), the direct-to-consumer apparel and lifestyle brand dedicated to the healthcare community, today released its second quarter 2023 financial results and published a financial highlights presentation on its investor relations website at ir.wearfigs.com/financials/quarterly-results/ .
  • Active customers(3)as of June 30, 2023 increased 21.0% to 2.5 million.
  • “Our second quarter results demonstrate both the resilience of our business model and strong execution against our strategic priorities,” said Trina Spear, Chief Executive Officer and Co-Founder.
  • ET to discuss the Company’s financial and business results and outlook.

SiriusPoint reports 84.4% Combined ratio for its Core operations at Q2’23 with Net Income up $483m from half year 2022

Retrieved on: 
Wednesday, August 2, 2023
Insurance, British Insurance Services, Risk, MIT Blackjack Team, COVID-19, Tax, LPT, Regulate... G Funk Era, GAAP, Sale, Internet, Acquisition, Investment, Annual report, Corporation, Deferred acquisition costs, Growth, Schedule 13D, Security (finance), Total, Bank, Cryptocurrency, Reinsurance, Life insurance, Health insurance, Core, Arcadian

(1)  Core underwriting income, Core net services income, Core income and Core combined ratio are non-GAAP financial measures.

Key Points: 
  • (1)  Core underwriting income, Core net services income, Core income and Core combined ratio are non-GAAP financial measures.
  • Core underwriting income, Core net services income, Core income and Core combined ratio are non-GAAP financial measures.
  • Income for the three months ended June 30, 2023 consists of underwriting income of $81.7 million (87.7% combined ratio) and net services income of $3.6 million, compared to underwriting income of $9.6 million (98.3% combined ratio) and net services income of $10.6 million for the three months ended June 30, 2022.
  • Core underwriting income, Core net services income, Core income, and Core combined ratio are non-GAAP financial measures.

Employers Holdings, Inc. Reports Second Quarter 2023 Results; Declares Regular Quarterly Dividend of $0.28 per Share

Retrieved on: 
Wednesday, July 26, 2023
Professional Services, Insurance, Finance, Share repurchase, Sarbanes–Oxley Act, Telephone, Tax, LPT, LAE, Regulate... G Funk Era, GAAP, EIG, Investment, Corporation, Sarbanes, Webcast, Growth, NYSE, Regulation, Employment, Video game, Reinsurance, Renting, Bank, Renewable energy, Holding company, Life insurance, Airline

Chief Executive Officer Katherine Antonello commented: “Our excellent second quarter results are a testament to the transformational changes we are making at Employers.

Key Points: 
  • Chief Executive Officer Katherine Antonello commented: “Our excellent second quarter results are a testament to the transformational changes we are making at Employers.
  • Lastly, today we declared a regular quarterly dividend of $0.28 per share and announced a new $50.0 million share repurchase plan after exhausting the former plan prior to its scheduled expiration.
  • Today the Board of Directors declared a regular quarterly dividend of $0.28 per share.
  • During the second quarter of 2023, the Company repurchased 935,250 shares of its common stock at an average price of $37.90 per share.