EBITDA

AMN Healthcare Announces First Quarter 2023 Results

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Thursday, May 4, 2023
AMN, Workforce, Interim, Modern Healthcare, Face, Share repurchase, Health care, Public expenditure, EBITDA, Equifax Workforce Solutions, Biophysical environment, Growth, EPS, Social, Travel, Environment, Bank, Car rental, Management, Video game, Nursing

DALLAS, May 04, 2023 (GLOBE NEWSWIRE) -- AMN Healthcare Services, Inc. (NYSE: AMN), the leader and innovator in total talent solutions for healthcare organizations across the United States, today announced its first quarter 2023 financial results. Financial highlights are as follows:

Key Points: 
  • Smith, part of AMN Leadership Solutions, was named the largest healthcare executive search firm by Modern Healthcare and is poised to support clients through a time of increasing change.
  • “The AMN team delivered a strong first quarter, and we achieved this while accelerating our pace of change to meet the dynamic needs of our markets,” said Cary Grace, President and Chief Executive Officer of AMN Healthcare.
  • AMN also is investing in initiatives that will make our services more tech-enabled and integrated.”
    Consolidated revenue for the quarter was $1.126 billion, a 27% decrease from prior year and in line with the prior quarter.
  • Adjusted diluted EPS in the first quarter was $2.49 compared with $3.49 in the same quarter a year ago.

Wish Reports First-Quarter 2023 Financial Results

Retrieved on: 
Thursday, May 4, 2023
Yoy, Growth, EBITDA, GAAP, Table, Share repurchase, Wish (company), SAN, Economics, Bookkeeping

SAN FRANCISCO, May 04, 2023 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (Nasdaq: WISH), one of the largest mobile ecommerce platforms, today reported its financial results for the quarter ended March 31, 2023.

Key Points: 
  • SAN FRANCISCO, May 04, 2023 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (Nasdaq: WISH), one of the largest mobile ecommerce platforms, today reported its financial results for the quarter ended March 31, 2023.
  • The better-than-expected adjusted EBITDA result was attributable to the significant improvements in our unit economics, coupled with the disciplined approach to our spending throughout the quarter," said Joe Yan, Wish CEO.
  • Adjusted EBITDA: Adjusted EBITDA(2) is expected to be a loss in the range of $60 million to $75 million.
  • The following tables include unaudited GAAP and non-GAAP financial highlights for the periods presented:

DXP Enterprises, Inc. Completes Two Acquisitions

Retrieved on: 
Thursday, May 4, 2023
Oil, Gas, Chemicals, Plastics, Retail, Commercial Building & Real Estate, Construction & Property, Energy, Manufacturing, Other Transport, Mining, Minerals, Forest Products, Agriculture, Natural Resources, Transport, Logistics, Supply Chain Management, Food, Beverage, Yee, DXPE, DXP, Water, GAAP, Kovatch Mobile Equipment Corp, EBITDA, Acquisition, Biophysical environment, CFO, Depreciation, Bookkeeping, Real estate

DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that is has completed the acquisitions of Riordan Materials Corporation (“Riordan”) and Florida Valve & Equipment Corp. and Environmental MD (“Florida Valve EMD”).

Key Points: 
  • DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that is has completed the acquisitions of Riordan Materials Corporation (“Riordan”) and Florida Valve & Equipment Corp. and Environmental MD (“Florida Valve EMD”).
  • DXP funded the acquisitions with cash on the balance sheet.
  • David R. Little, Chairman and CEO, remarked, “We are pleased to welcome the Riordan and Florida Valve employees to the DXP team.
  • Saade Chibani, President of DXP Water, commented, “Our expertise in the water and wastewater market continues to accelerate along with depth and reach of the DXP Water platform.

Trinseo Reports First Quarter 2023 Financial Results, Announces Cash Improvement Initiatives and Updates 2023 Outlook

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Thursday, May 4, 2023
Automotive Manufacturing, Manufacturing, Textiles, Packaging, Chemicals, Plastics, CASE, Death Note 2: The Last Name, Q&A, Bank statement, GAAP, Absorption, Sale, ABS, EBITDA, Styrene, Corporation, Natural gas, EPS, Free cash flow, Adjustment, Environment, NYSE, MMA, TSE, Fine chemical, Pharmaceutical industry, Chemical, Trinseo

Trinseo (NYSE: TSE), a specialty material solutions provider, today reported its first quarter 2023 financial results.

Key Points: 
  • Trinseo (NYSE: TSE), a specialty material solutions provider, today reported its first quarter 2023 financial results.
  • We generated positive free cash flow in this challenging environment as we implemented numerous liquidity improvement actions including working capital reductions.
  • In addition, we will substantially further reduce our cash dividend beginning with the dividend payable in the third quarter of 2023.
  • Trinseo will host a conference call to discuss its first quarter 2023 financial results on Friday, May 5, 2023 at 10 a.m. Eastern Time.

Willdan Group Reports First Quarter Results

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Thursday, May 4, 2023
Engineering, Other Energy, Utilities, Manufacturing, Finance, Other Transport, Consulting, Other Construction & Property, Energy, Professional Services, Construction & Property, Transport, Environment, Sustainability, Growth, EBITDA, Willdan Group, Video game

Willdan Group, Inc. (“Willdan”) (Nasdaq: WLDN) today reported financial results for its first quarter ended March 31, 2023.

Key Points: 
  • Willdan Group, Inc. (“Willdan”) (Nasdaq: WLDN) today reported financial results for its first quarter ended March 31, 2023.
  • “Last quarter was the strongest first quarter in the Company’s history,” said Tom Brisbin, Willdan’s Chairman and Chief Executive Officer.
  • This trend of strong growth started in the fourth quarter 2022.
  • Willdan will be hosting a conference call to discuss its first quarter financial results today, at 5:30 p.m. Eastern/2:30 p.m. Pacific.

A10 Networks Reports Revenue of $57.7 Million, Continued Strong Profitability for First Quarter of 2023

Retrieved on: 
Thursday, May 4, 2023
Security, Technology, Software, 5G, Networks, Internet, Network, Bank statement, Weakness, GAAP, Interest, EBITDA, Webcast, Growth, A10 Networks, EPS, A10, NYSE, Bank

A10 Networks (NYSE: ATEN), a leading provider of cybersecurity and infrastructure solutions, today announced financial results for its first quarter ended March 31, 2023.

Key Points: 
  • A10 Networks (NYSE: ATEN), a leading provider of cybersecurity and infrastructure solutions, today announced financial results for its first quarter ended March 31, 2023.
  • Revenue of $57.7 million, declined 7.9% year-over-year due to the impact of macro headwinds and project delays.
  • “We delivered profitability that was in-line with our trended financials and revenue towards the high-end of our pre-announced results,” said Dhrupad Trivedi, President and Chief Executive Officer of A10 Networks.
  • A live audio webcast of the conference call will be accessible from the “Investor Relations” section of A10 Network’s website at investors.a10networks.com.

B&G Foods Reports Financial Results for First Quarter 2023

Retrieved on: 
Thursday, May 4, 2023
Technology, Supermarket, Retail, Food, Beverage, Giant, Cream, Seager Wheeler's Maple Grove Farm, B&G Foods, Cream of Wheat, GAAP, Ortega, Sale, Forecasting, Le Sueur, EBITDA, Crisco, Acquisition, Back to Nature, Webcast, Transport, Green Giant, Clabber Girl, Farm, Dietary supplement, Bookkeeping, Pharmaceutical industry, Video game, Bank, Omicron

Net sales of Back to Nature, which the Company divested on January 3, 2023, and therefore not part of the Company’s fiscal 2023 results, were $14.4 million during the first quarter of 2022.

Key Points: 
  • Net sales of Back to Nature, which the Company divested on January 3, 2023, and therefore not part of the Company’s fiscal 2023 results, were $14.4 million during the first quarter of 2022.
  • Net sales from the Yuma acquisition, which was completed on May 5, 2022 and therefore not part of the Company’s first quarter of 2022 results, contributed $0.4 million to the Company’s net sales for the first quarter of 2023.
  • Base business net sales for the first quarter of 2023 decreased $6.4 million, or 1.2%, to $511.4 million from $517.8 million for the first quarter of 2022.
  • ET today, May 4, 2023 to discuss first quarter 2023 financial results.

Carvana Reports Best First Quarter In Company History For Adjusted EBITDA and Total Gross Profit Per Unit

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Thursday, May 4, 2023
Internet, Automotive, Specialty, Technology, Electronic Commerce, Online Retail, General Automotive, Retail, SG, PDT, GAAP, EDT, Projection, EBITDA, Carvana, Annual report, Webcast, Depreciation, Adjustment, Letter, GPU, Total, Online shopping, Bank

Given our strong start to the year, we expect to achieve positive adjusted EBITDA in Q2 2023.

Key Points: 
  • Given our strong start to the year, we expect to achieve positive adjusted EBITDA in Q2 2023.
  • It is clear our strategy and execution are working as evidenced by our 61% increase in gross profit per unit, the best first quarter GPU in company history,” said Carvana CEO Ernie Garcia.
  • Carvana will host a conference call today, May 4, 2023, at 5:30 p.m. EDT (2:30 p.m. PDT) to discuss financial results.
  • Total gross profit per retail unit, non-GAAP is Gross profit, non-GAAP divided by retail vehicle unit sales.

FIGS Releases First Quarter 2023 Financial Results

Retrieved on: 
Thursday, May 4, 2023
Nursing, Hospitals, Catalog, Other Health, Fashion, Health, General Health, Retail, Online Retail, International, Regulate... G Funk Era, Income tax, GAAP, EBITDA, Retirement, Webcast, CFO, Depreciation, Growth, Entrepreneurship, NYSE, Regulation, Regulation S-K, Bank, Bookkeeping, FIGS

FIGS, Inc. (NYSE: FIGS) (the “Company”), the direct-to-consumer apparel and lifestyle brand dedicated to the healthcare community, today released its first 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 first quarter 2023 financial results and published a financial highlights presentation on its investor relations website at ir.wearfigs.com/financials/quarterly-results/ .
  • Daniella Turenshine, Chief Financial Officer, commented, “We are pleased with our financial results and believe that we are well positioned to drive accelerated growth once macro headwinds subside.
  • “Net income, as adjusted,” “diluted earnings per share, as adjusted,” “adjusted EBITDA” and “adjusted EBITDA margin” are non-GAAP financial measures.
  • ET to discuss the Company’s financial and business results and outlook.

Turtle Beach Reports First Quarter 2023 Results, Exceeding Expectations

Retrieved on: 
Thursday, May 4, 2023
Audio, Video, Hardware, Consumer Electronics, Wearables, Mobile Technology, Technology, Electronic Games, Mobile, Wireless, Entertainment, CARD, External commercial borrowing, Inventory, Shareholder, Loss, ALL, Marketing, Tax, NUALS Arts and Literary Annual Meet, GAAP, PC, Turtle Beach Corporation, Form 3, NPD, EBITDA, Annual general meeting, Annual report, Webcast, CFO, Depreciation, Growth, Security (finance), Stealth, Adjustment, Aquaculture, Bookkeeping, Video game, Bank, Fine chemical

Leading gaming accessory maker Turtle Beach Corporation (Nasdaq: HEAR) (“Turtle Beach” or the “Company”) reported financial results for the first quarter ended March 31, 2023.

Key Points: 
  • Leading gaming accessory maker Turtle Beach Corporation (Nasdaq: HEAR) (“Turtle Beach” or the “Company”) reported financial results for the first quarter ended March 31, 2023.
  • Operating expenses in the first quarter of 2023 were $20.6 million compared to $22.3 million a year ago.
  • The weighted average diluted share count for the first quarter of 2023 was 16.6 million compared to 16.2 million in the year-ago quarter.
  • In conjunction with this announcement, Turtle Beach will host a conference call on May 4, 2023 at 5:00 p.m.