EBITDA

Applied UV Announces Third Quarter 2023 Financial Results, Revenue Increases to $11.4 Million, Adjusted EBITDA (non-GAAP) Improves 30.8% Year Over Year

Retrieved on: 
Friday, November 17, 2023

“With continued strong revenue momentum and sustained progress on the path to profitability, we are delivering against the key milestones we laid out earlier this year.

Key Points: 
  • “With continued strong revenue momentum and sustained progress on the path to profitability, we are delivering against the key milestones we laid out earlier this year.
  • I'm proud of how our teams are executing our growth strategy,” said Max Munn, CEO of Applied UV.
  • Adjusted EBITDA, a non-GAAP financial measure, is defined as Operating Profit (Loss), excluding Depreciation and Amortization, and excluding Stock Based Compensation and Loss on Impairment of Goodwill/Intangible Assets.
  • Adjusted EBITDA was a loss of $1.5 million for the third quarter of 2023, compared to a loss of $2.1 million for the third quarter of 2022.

SKIN INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that The Beauty Health Company Investors with Substantial Losses Have Opportunity to Lead the Beauty Health Class Action Lawsuit

Retrieved on: 
Friday, November 17, 2023

), the Beauty Health class action lawsuit charges Beauty Health and certain of its top current and former executive officers with violations of the Securities Exchange Act of 1934.

Key Points: 
  • ), the Beauty Health class action lawsuit charges Beauty Health and certain of its top current and former executive officers with violations of the Securities Exchange Act of 1934.
  • A lead plaintiff acts on behalf of all other class members in directing the Beauty Health class action lawsuit.
  • The lead plaintiff can select a law firm of its choice to litigate the Beauty Health class action lawsuit.
  • An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Beauty Health class action lawsuit

Kartoon Studios Provides Business Update for the Third Quarter of 2023

Retrieved on: 
Friday, November 17, 2023

BEVERLY HILLS, Calif., Nov. 17, 2023 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE American:TOON) today provided a business update for the third quarter of 2023.

Key Points: 
  • Anticipates First Ever Break-Even EBITDA in Fourth Quarter of 2023, a First Since Its Launch
    New CFO Brian Parisi Brings Strong Track Record from the NFL and Live Nation, Focused on Value Creation, as well as Growing Revenues and Driving Sustainable Earnings
    BEVERLY HILLS, Calif., Nov. 17, 2023 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE American:TOON) today provided a business update for the third quarter of 2023.
  • Mainframe Studios, Kartoon Studios’ affiliated work-for-hire and original content production studio based in Vancouver, Canada, has become an integral part of our company and our future success.
  • During this recent quarter, we delivered our longstanding production of BARBIE to Netflix, shortly after the blockbuster success of the live Barbie movie.
  • As of September 30, 2023, Kartoon Studios had current assets of $61.4 million, working capital of $11.8 million, and total stockholders’ equity of $74.0 million.

Blink CEO, Brendan Jones, to Discuss Blink’s Continuous Record Growth and Path to Profitability at UBS Industrials Summit on November 29

Retrieved on: 
Friday, November 17, 2023

Mr. Jones will also be available to provide further information through one-on-one investor meetings throughout the day.

Key Points: 
  • Mr. Jones will also be available to provide further information through one-on-one investor meetings throughout the day.
  • As part of our ongoing commitment to excellence, we are strategically insourcing chargers to our Blink manufacturing facilities, a move that has significantly enhanced our operational efficiency.
  • Interested investors may access the virtual presentation on Blink investor relations website.
  • Blink recently announced its record third quarter 2023 results on November 9:

Shareholder Alert: Robbins LLP Informs Shareholders of Class Action Filed Against The Beauty Health Company (SKIN)

Retrieved on: 
Friday, November 17, 2023

SAN DIEGO, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Robbins LLP informs investors that a shareholder filed a class action lawsuit on behalf of persons and entities that purchased or otherwise acquired The Beauty Health Company (NASDAQ: SKIN) securities between May 10, 2022 and November 13, 2023.

Key Points: 
  • SAN DIEGO, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Robbins LLP informs investors that a shareholder filed a class action lawsuit on behalf of persons and entities that purchased or otherwise acquired The Beauty Health Company (NASDAQ: SKIN) securities between May 10, 2022 and November 13, 2023.
  • Beauty Health is a health and beauty company which provides “skin health experiences.”
    For more information, submit a form , email Aaron Dumas, Jr., or give us a call at (800) 350-6003.
  • What is this Case About: The Beauty Health Company (SKIN) Misled Investors Regarding its Business Prospects
    According to the complaint, on November 13, 2023, after the market closed, Beauty Health announced its financial results for the third quarter of 2023.
  • What Now: Similarly situated shareholders may be eligible to participate in the class action against The Beauty Health Company.

Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against The Beauty Health Company (SKIN)

Retrieved on: 
Friday, November 17, 2023

The Complaint in the class action alleges that on August 9, 2023, before the market opened, Beauty Health announced that second quarter 2023 gross margin was “unfavorably impacted” by a mix shift “toward lower-margin refurbished devices .

Key Points: 
  • The Complaint in the class action alleges that on August 9, 2023, before the market opened, Beauty Health announced that second quarter 2023 gross margin was “unfavorably impacted” by a mix shift “toward lower-margin refurbished devices .
  • The Complaint also alleges that on November 13, 2023, after the market closed, Beauty Health announced its financial results for the third quarter of 2023.
  • If you wish to discuss your rights or interests regarding this class action, please contact Thomas J. McKenna, Esq.
  • of Gainey McKenna & Egleston at (212) 983-1300, or via e-mail at [email protected] or [email protected] .

Destination XL Group, Inc. Reports Third Quarter Financial Results

Retrieved on: 
Friday, November 17, 2023

Total sales for the third quarter were $119.2 million, down 8.1% from $129.7 million in the third quarter of fiscal 2022.

Key Points: 
  • Total sales for the third quarter were $119.2 million, down 8.1% from $129.7 million in the third quarter of fiscal 2022.
  • Comparable sales for the third quarter of fiscal 2023 decreased 6.7% as compared to the third quarter of fiscal 2022.
  • "Despite this challenging quarter, we remain disciplined and committed to the strategy and initiatives of which we have spoken previously.
  • Adjusted EBITDA, a non-GAAP measure, for the third quarter of fiscal 2023 was $8.6 million, as compared to $16.4 million for the third quarter of fiscal 2022.

Matthews International Reports Results for Fourth Quarter and Fiscal Year Ended September 30, 2023

Retrieved on: 
Thursday, November 16, 2023

PITTSBURGH, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) today announced financial results for the quarter and fiscal year ended September 30, 2023.

Key Points: 
  • In discussing the Company’s operating results, Joseph C. Bartolacci, President and Chief Executive Officer, stated:
    “We had a strong finish to fiscal 2023 as demonstrated by our fourth quarter results.
  • “In our Industrial Technologies segment, we reported another quarter of solid growth in operating results on the strength of our energy storage solutions.
  • “The Memorialization segment also performed well again in the fiscal 2023 fourth quarter, completing a very good year.
  • “Finally, recent cost reduction actions taken by SGK Brand Solutions resulted in improved operating performance for the segment in the fiscal 2023 fourth quarter.

Haynes International, Inc. Reports Fourth Quarter Fiscal 2023 Financial Results and Year End Highlights

Retrieved on: 
Thursday, November 16, 2023

Selling, general and administrative expense as a percent of net revenues decreased from 8.4% in the fourth quarter of fiscal 2022 to 7.8% in the fourth quarter of fiscal 2023, largely driven by the higher net revenues in the fourth quarter of fiscal 2023.

Key Points: 
  • Selling, general and administrative expense as a percent of net revenues decreased from 8.4% in the fourth quarter of fiscal 2022 to 7.8% in the fourth quarter of fiscal 2023, largely driven by the higher net revenues in the fourth quarter of fiscal 2023.
  • Income tax expense in the fourth quarter of fiscal 2023 as a percentage of income before income taxes was 11.5% as compared to 15.3% in the fourth quarter of fiscal 2022.
  • Revenue and earnings in the first quarter of fiscal 2024 are expected to be higher compared to the first quarter of fiscal 2023, but lower than the fourth quarter of fiscal 2023.
  • The Company will host a conference call on Friday, November 17, 2023 to discuss its results for the fourth quarter of fiscal 2023.

Woodward Reports Fiscal Year 2023 Results

Retrieved on: 
Thursday, November 16, 2023

FORT COLLINS, Colo., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today reported financial results for its fiscal year 2023 and fourth quarter ending September 30, 2023.

Key Points: 
  • FORT COLLINS, Colo., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today reported financial results for its fiscal year 2023 and fourth quarter ending September 30, 2023.
  • “We delivered strong results in fiscal 2023 driven by robust demand across our aerospace and industrial end markets as well as improved operational performance.
  • Aerospace segment net sales for the fourth quarter of fiscal 2023 were $455 million, compared to $408 million, an increase of 11 percent.
  • Industrial segment net sales for the fourth quarter of fiscal 2023 were $322 million, compared to $232 million, an increase of 39 percent.