EBITDA

Natural Gas Services Group, Inc. Reports its Third Quarter 2023 Financial and Operating Results

Retrieved on: 
Tuesday, November 14, 2023

Adjusted EBITDA of $11.8 million, compared to $7.7 million in the third quarter of 2022 and $9.9 million in the second quarter of 2023.

Key Points: 
  • Adjusted EBITDA of $11.8 million, compared to $7.7 million in the third quarter of 2022 and $9.9 million in the second quarter of 2023.
  • MIDLAND, Texas November 14, 2023 (GLOBE NEWSWIRE) Natural Gas Services Group, Inc. (“NGS” or the “Company”) (NYSE:NGS), a leading provider of natural gas compression equipment, technology and services to the energy industry, today announced financial results for the three months ended September 30, 2023.
  • Commenting on the quarter, Stephen C. Taylor our Chairman and Interim Chief Executive Officer, added “We had a very successful third quarter.
  • Operating Income: Operating income for the three months ended September 30, 2023 was $4.9 million compared to an operating loss of $294,000 for the three months ended September 30, 2022 and operating income of $712,000 during the second quarter of 2023.

Fluent Announces Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 14, 2023

NEW YORK, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Fluent, Inc. (NASDAQ: FLNT), a leading data-driven performance marketing company, today reported financial results for the third quarter ended September 30, 2023.

Key Points: 
  • NEW YORK, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Fluent, Inc. (NASDAQ: FLNT), a leading data-driven performance marketing company, today reported financial results for the third quarter ended September 30, 2023.
  • Fluent core performance marketplaces are highly differentiated within our industry, and we will leverage their competitive advantages to ultimately expand our margins.
  • Fortify our Owned and Operated Performance Marketplace and strategically grow ner marketplaces that leverage our Fluent assets – Influencer, Call Solutions, and Adflow.
  • Fluent, Inc. will host a conference call on Tuesday, November 14, 2023, at 4:30 PM ET to discuss its 2023 third quarter financial results.

Stryve Foods, Inc. Reports Third Quarter Fiscal 2023 Results

Retrieved on: 
Tuesday, November 14, 2023

PLANO, Texas, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. (“Stryve” or “the Company”) (NASDAQ: SNAX), an emerging healthy snack and eating platform disrupting traditional consumer packaged goods (CPG) categories, and a leader in the air-dried meat snack industry in the United States, today reports financial and operating results for the three months and nine months ended September 30, 2023.

Key Points: 
  • Adjusted loss per share3 of ($1.66) for the third quarter of 2023, which compares favorably to adjusted loss per share of ($2.21) for the year-ago period.
  • Adjusted EBITDA loss3 of ($2.5) million for the 2023 third quarter, compared to ($3.9) million in the prior year quarter.
  • The Company will conduct a conference call today at 4:30 p.m. Eastern Time to discuss financial and operating results for the third quarter ended September 30, 2023.
  • A telephonic replay will be available through November 28, 2023, by calling (844) 512-2921 and using passcode ID:148214195.

SurgePays Announces Record Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 14, 2023

BARTLETT, Tenn., Nov. 14, 2023 (GLOBE NEWSWIRE) -- SurgePays, Inc. (Nasdaq: SURG) (“SurgePays” or the “Company”), a technology and telecom company focused on the underbanked and underserved, today announced its financial results for the third quarter ended September 30, 2023.

Key Points: 
  • BARTLETT, Tenn., Nov. 14, 2023 (GLOBE NEWSWIRE) -- SurgePays, Inc. (Nasdaq: SURG) (“SurgePays” or the “Company”), a technology and telecom company focused on the underbanked and underserved, today announced its financial results for the third quarter ended September 30, 2023.
  • Third quarter 2023 EBITDA of $7.5 million compared to a third quarter 2022 EBITDA loss of $(0.8) million.
  • Revenue of $34.2 million in the third quarter 2023, compared to $36.2 million third quarter 2022.
  • Gross profit of $10.5 million in the third quarter 2023, an increase of $8.6 million over the third quarter 2022.

The Law Offices of Frank R. Cruz Announces Investigation of The Beauty Health Company (SKIN) on Behalf of Investors

Retrieved on: 
Tuesday, November 14, 2023

LOS ANGELES, Nov. 14, 2023 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz announces an investigation of The Beauty Health Company (“Beauty Health” or the “Company”) (NASDAQ: SKIN ) on behalf of investors concerning the Company’s possible violations of federal securities laws.

Key Points: 
  • LOS ANGELES, Nov. 14, 2023 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz announces an investigation of The Beauty Health Company (“Beauty Health” or the “Company”) (NASDAQ: SKIN ) on behalf of investors concerning the Company’s possible violations of federal securities laws.
  • On November 13, 2023, Beauty Health announced its financial results for the third quarter of 2023.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
  • The Law Offices of Frank R. Cruz, Los Angeles

Unrivaled Brands Reports Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 14, 2023

SANTA ANA, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Unrivaled Brands, Inc. (OTCQB: UNRV) ("Unrivaled" or the "Company"), a cannabis company with operations throughout California, today reported financial results for its fiscal third quarter ended September 30, 2023.

Key Points: 
  • SANTA ANA, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Unrivaled Brands, Inc. (OTCQB: UNRV) ("Unrivaled" or the "Company"), a cannabis company with operations throughout California, today reported financial results for its fiscal third quarter ended September 30, 2023.
  • Revenue for the quarter ended September 30, 2023 was $8.6 million with 94% of revenue from retail sales.
  • Selling, general and administrative expenses for quarter ended September 30, 2023 decreased by 7% compared to the previous quarter ended June 30, 2023.
  • Adjusted EBITDA from continuing operations for the quarter ended September 30, 2023 was $(1.2) million compared to the previous quarter of $(0.8) million.

GEN Restaurant Group, Inc. Announces Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 14, 2023

CERRITOS, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- GEN Restaurant Group, Inc. (“GEN” or the “Company”), owner of GEN Korean BBQ, a fast-growing cook-it-yourself casual dining concept, today announced financial results for the third quarter ended September 30, 2023.

Key Points: 
  • CERRITOS, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- GEN Restaurant Group, Inc. (“GEN” or the “Company”), owner of GEN Korean BBQ, a fast-growing cook-it-yourself casual dining concept, today announced financial results for the third quarter ended September 30, 2023.
  • Comparable restaurant sales decreased 1.2% in the third quarter of 2023 compared to the same period last year.
  • Restaurant pre-opening expenses increased 65% to $0.7 million for the third quarter of 2023 due to the timing of new store openings.
  • The Company will host a conference call to discuss financial results for the third quarter of 2023 today at 5:00 p.m. Eastern Time.

Actelis Networks Reports Third Quarter 2023

Retrieved on: 
Tuesday, November 14, 2023

FREMONT, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ: ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment Hybrid-Fiber networking solutions for wide area IoT applications, today reported financial results for the fiscal third quarter and nine months ended September 30, 2023.

Key Points: 
  • FREMONT, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ: ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment Hybrid-Fiber networking solutions for wide area IoT applications, today reported financial results for the fiscal third quarter and nine months ended September 30, 2023.
  • Third Quarter and nine months of 2023 Financial Highlights:
    Revenues were $0.85 million for the third quarter of 2023 compared to $1.35 million in the year ago period, as significant new orders expected to close in the third quarter were delayed to the fourth quarter of the year.
  • Operating expenses for the third quarter 2023 were $2.35 million, flat compared to $2.35 million sequentially helped by cost reductions implemented during the second quarter of 2023, offset by investments in sales and marketing.
  • Operating expenses for the third quarter 2023 decreased to $2.35 million compared to $2.54 million in the year ago period, due to cost reductions implemented during the second quarter of 2023.

Bright Mountain Media, Inc Announces Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 14, 2023

Boca Raton, FL, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Bright Mountain Media, Inc. (OTCQB: BMTM) (“Bright Mountain” or the “Company”), a global holding company with current investments in digital publishing, advertising technology, consumer insights, and creative media services, today announced its unaudited financial results for the three and nine months ended September 30, 2023.

Key Points: 
  • Boca Raton, FL, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Bright Mountain Media, Inc. (OTCQB: BMTM) (“Bright Mountain” or the “Company”), a global holding company with current investments in digital publishing, advertising technology, consumer insights, and creative media services, today announced its unaudited financial results for the three and nine months ended September 30, 2023.
  • Mr. Drinkwater concluded: “We are very excited to welcome Deep Focus Agency and Big Village Insights to the Bright Mountain Media family of brands.
  • Creative insights revenue was approximately $8.0 million, creative services revenue was approximately $1.8 million, and media services revenue was approximately $793,000 during the third quarter of 2023.
  • See the below section on Non-GAAP Financial Measure for a reconciliation of net loss to EBITDA and Adjusted EBITDA.

Snail, Inc. Reports Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 14, 2023

CULVER CITY, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (NASDAQ: SNAL) (“Snail” or “the Company”), a leading, global independent developer and publisher of interactive digital entertainment, today announced financial results for its third quarter ended September 30, 2023.

Key Points: 
  • CULVER CITY, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (NASDAQ: SNAL) (“Snail” or “the Company”), a leading, global independent developer and publisher of interactive digital entertainment, today announced financial results for its third quarter ended September 30, 2023.
  • “We are thrilled with our third quarter results and the successful official release of ARK Survival Ascended.
  • ARK: Survival Evolved units sold increased for the third quarter 2023 compared to the same period last year; approximately 1.2 million vs. 1.1 million, respectively.
  • As of September 30, 2023, unrestricted cash was $4.9 million versus $12.9 million as of December 31, 2022.