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KYNDRYL REPORTS THIRD QUARTER FISCAL 2024 RESULTS AND RAISES ITS FULL-YEAR OUTLOOK

Retrieved on: 
Tuesday, February 6, 2024

NEW YORK, Feb. 6, 2024 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today released financial results for the quarter ended December 31, 2023, the third quarter of its 2024 fiscal year. 

Key Points: 
  • Results for the Fiscal Third Quarter Ended December 31, 2023
    For the third quarter, Kyndryl reported revenues of $3.9 billion, a year-over-year decline of 9% and 10% in constant currency.
  • The Company is well on track to achieve its fiscal 2024 year-end goal for annualized savings of $500 million.
  • Double-digit growth in Kyndryl Consult – In the quarter, Kyndryl Consult revenues grew 12% year-over-year and 11% in constant currency and were 15% of total revenue.
  • Kyndryl is raising its fiscal 2024 outlook for adjusted pretax income to at least $150 million and raising its fiscal 2024 outlook for adjusted EBITDA margin to at least 14.5%.

Lesaka delivers improved profitability as it exceeds FY24 Q2 guidance

Retrieved on: 
Tuesday, February 6, 2024

Merchant Division revenue was $127.9 million in Q2 2024, up 13% compared to Q2 2023 in ZAR.

Key Points: 
  • Merchant Division revenue was $127.9 million in Q2 2024, up 13% compared to Q2 2023 in ZAR.
  • Connect records a significant proportion of its airtime sales in revenue and cost of sales, while only earning a relatively small margin.
  • Our Segment Adjusted EBITDA margin (calculated as Segment Adjusted EBITDA divided by revenue) for Q2 2024 and Q2 2023 was 6.8% and 7.6%, respectively.
  • Consumer Division revenue was $16.7 million in Q2 2024, 16% higher in ZAR compared to Q2 2023.

GAMCO Investors, Inc. Reports Results for the Fourth Quarter and Year Ended December 31, 2023

Retrieved on: 
Tuesday, February 6, 2024

(b) Includes $227, $230, and $223 of 100% U.S. Treasury Money Market Fund AUM at December 31, 2023, September 30, 2023, and December 31, 2022, respectively.

Key Points: 
  • (b) Includes $227, $230, and $223 of 100% U.S. Treasury Money Market Fund AUM at December 31, 2023, September 30, 2023, and December 31, 2022, respectively.
  • Assets under management on December 31, 2023 were $31.1 billion, an increase of 6.5% from the $29.2 billion on September 30, 2023 reflecting general market trends.
  • Howard Ward, CFA, the CIO of Growth Investing, commented on The Gabelli Growth Fund’s 2023 performance: “The stars aligned for growth stocks in 2023.
  • Assets under management in SICAV on December 31, 2023 were $631 million, an increase from the $622 million on September 30, 2023.

2024 Best of RPO™ Award Winners Announced: Leading the Way in Client and Employee Satisfaction

Retrieved on: 
Tuesday, February 6, 2024

ClearlyRated CEO, Eric Gregg, expressed pride in honoring the recipients of the 2024 Best of RPO awards.

Key Points: 
  • ClearlyRated CEO, Eric Gregg, expressed pride in honoring the recipients of the 2024 Best of RPO awards.
  • "These firms continue to raise the bar for service excellence in the RPO industry and are redefining what’s possible with client and employee satisfaction."
  • The 2024 Best of RPO award program - supported by the Recruitment Process Outsourcing Association (the RPOA) - recognizes client and employee satisfaction leaders in the recruitment process outsourcing industry.
  • Only firms that earned exceptional satisfaction ratings that outpace industry benchmarks for service qualified for the 2024 Best of RPO award.

2024 Best of AccountingTM Award Winners Announced: Leading the Way in Client and Employee Satisfaction

Retrieved on: 
Tuesday, February 6, 2024

PORTLAND, Ore., Feb. 06, 2024 (GLOBE NEWSWIRE) -- ClearlyRated®, the leading provider of client and employee satisfaction surveys and service quality benchmarking for accounting firms, announced the winners of their 11th annual Best of AccountingTM award today on ClearlyRated.com .

Key Points: 
  • PORTLAND, Ore., Feb. 06, 2024 (GLOBE NEWSWIRE) -- ClearlyRated®, the leading provider of client and employee satisfaction surveys and service quality benchmarking for accounting firms, announced the winners of their 11th annual Best of AccountingTM award today on ClearlyRated.com .
  • The 2024 Best of Accounting award program recognizes client and employee satisfaction leaders in the accounting industry.
  • Only firms that earned exceptional satisfaction ratings that outpace industry benchmarks for service qualified for the 2024 Best of Accounting award.
  • Fewer than 1% of all accounting firms in the U.S. and Canada achieve Best of Accounting for client or employee satisfaction.

2024 Best of HR Services™ Award Winners Announced: Leading the Way in Client and Employee Satisfaction

Retrieved on: 
Tuesday, February 6, 2024

ClearlyRated CEO, Eric Gregg, expressed pride in honoring the recipients of the 2024 Best of HR Services awards.

Key Points: 
  • ClearlyRated CEO, Eric Gregg, expressed pride in honoring the recipients of the 2024 Best of HR Services awards.
  • The 2024 Best of HR Services award program recognizes client satisfaction leaders in the outsourced HR services industry.
  • Only firms that earned exceptional satisfaction ratings that outpace industry benchmarks for service qualified for the 2024 Best of HR Services award.
  • Fewer than 1% of all outsourced HR services firms in the U.S. and Canada achieve Best of HR Services.

2024 Best of Staffing® Award Winners Announced: Leading the Way in Client, Talent, and Employee Satisfaction

Retrieved on: 
Tuesday, February 6, 2024

PORTLAND, Ore., Feb. 06, 2024 (GLOBE NEWSWIRE) -- ClearlyRated, the leading provider of client, talent, and employee satisfaction surveys and service quality benchmarking for staffing firms, announced the winners of their 15th annual Best of Staffing® award winners today on ClearlyRated.com .

Key Points: 
  • PORTLAND, Ore., Feb. 06, 2024 (GLOBE NEWSWIRE) -- ClearlyRated, the leading provider of client, talent, and employee satisfaction surveys and service quality benchmarking for staffing firms, announced the winners of their 15th annual Best of Staffing® award winners today on ClearlyRated.com .
  • ClearlyRated CEO, Eric Gregg, expressed pride in honoring the recipients of the 2024 Best of Staffing awards.
  • In partnership with gold sponsor ClearEdge , the 2024 Best of Staffing award recognizes client, placed talent, and employee satisfaction leaders in the staffing industry.
  • Only firms that earned exceptional satisfaction ratings that outpace industry benchmarks for service qualified for the 2024 Best of Staffing award.

DeFi Technologies Subsidiary Valour Inc. Provides Monthly Corporate Update: C$497 Million in Assets Under Management and Net Inflows Into ETPs

Retrieved on: 
Monday, February 5, 2024

Robust AUM and Net Inflows: DeFi Technologies Inc.'s subsidiary, Valour Inc., continues to see robust net inflows, maintaining a strong assets under management ("AUM") of C$497 Million as of January 31, 2024, signifying growing investor confidence in digital assets.

Key Points: 
  • Robust AUM and Net Inflows: DeFi Technologies Inc.'s subsidiary, Valour Inc., continues to see robust net inflows, maintaining a strong assets under management ("AUM") of C$497 Million as of January 31, 2024, signifying growing investor confidence in digital assets.
  • Valour's steadfast AUM, amounting to C$497 Million, indicates ongoing net inflows and rising investor confidence in digital assets.
  • January 2024 showcased exceptional market activity for Valour, with an average daily turnover reaching approximately C$7.1 million.
  • Valour's all-time net sales also climbed to C$532.9 million from C$521.9 million in December, further illustrating the strong alignment of Valour's ETPs with current investment trends and the dynamic digital asset environment.

Capital Product Partners L.P. Announces Fourth Quarter 2023 Financial Results

Retrieved on: 
Friday, February 2, 2024

Net income for the quarter ended December 31, 2023, was $12.7 million, compared with net income of $21.1 million for the fourth quarter of 2022.

Key Points: 
  • Net income for the quarter ended December 31, 2023, was $12.7 million, compared with net income of $21.1 million for the fourth quarter of 2022.
  • Total revenue for the quarter ended December 31, 2023, was $95.5 million, compared to $79.9 million during the fourth quarter of 2022.
  • Total expenses for the quarter ended December 31, 2023, were $55.1 million, compared to $42.1 million in the fourth quarter of 2022.
  • Total vessel operating expenses during the fourth quarter of 2023 amounted to $20.6 million, compared to $17.3 million during the fourth quarter of 2022.

Shell plc publishes fourth quarter 2023 press release

Retrieved on: 
Thursday, February 1, 2024

The companies in which Shell plc directly and indirectly owns investments are separate legal entities.

Key Points: 
  • The companies in which Shell plc directly and indirectly owns investments are separate legal entities.
  • In this announcement "Shell", "Shell Group" and "Group" are sometimes used for convenience where references are made to Shell plc and its subsidiaries in general.
  • "Subsidiaries", "Shell subsidiaries" and "Shell companies" as used in this announcement refer to entities over which Shell plc either directly or indirectly has control.
  • The information in this announcement does not constitute the unaudited condensed consolidated financial statements which are contained in Shell’s fourth quarter 2023 unaudited results available on www.shell.com/investors.