ARPU

Backblaze Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, February 15, 2024

SAN MATEO, Calif., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), a leading specialized storage cloud platform, today announced results for its fourth quarter and year ended December 31, 2023.

Key Points: 
  • SAN MATEO, Calif., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (Nasdaq: BLZE), a leading specialized storage cloud platform, today announced results for its fourth quarter and year ended December 31, 2023.
  • Gross profit of $15.2 million, or 53% of revenue, compared to $11.7 million or 51% of revenue, in Q4 2022.
  • Adjusted gross profit of $22.1 million, or 77% of revenue, compared to $17.3 million or 75% of revenue in Q4 2022.
  • Fourth Quarter 2023 Operational Highlights:
    Annual recurring revenue (ARR) was $117.6 million, an increase of 28% YoY.

Iridium Announces 2023 Results; Company Issues 2024 Outlook

Retrieved on: 
Thursday, February 15, 2024

MCLEAN, Va., Feb. 15, 2024 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the fourth quarter and full-year 2023 and issued its full-year 2024 guidance.

Key Points: 
  • MCLEAN, Va., Feb. 15, 2024 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the fourth quarter and full-year 2023 and issued its full-year 2024 guidance.
  • The Company reported record total revenue in 2023 of $790.7 million, which was up 10% from the year-ago period.
  • In 2024, the Company expects Engineering and Support revenue to increase from 2023 with ongoing work on the Space Development Agency contract.
  • The Company issued its full-year 2024 outlook and updated long-term guidance on cash taxes:
    Total service revenue growth between 4% and 6% for full-year 2024.

European eGaming Market Report 2024 - Latest Developments, Telco Value Propositions, Taxonomy, Regulatory Context and Monetization - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 14, 2024

Europe eGaming Market report provides an executive-level overview of the eGaming market in Europe.

Key Points: 
  • Europe eGaming Market report provides an executive-level overview of the eGaming market in Europe.
  • It also analyzes key trends in the eGaming industry and provides insights into telco eGaming monetization strategies.
  • Egaming taxonomy & market context: An overview of eGaming at a global level and analysis of the eGaming value chain and key trends.
  • The report discusses concrete opportunities in the eGaming market, providing a number of actionable recommendations for eGaming ecosystem participants.

Sekur Private Data Ltd. Launches Small Business Solutions Marketing Efforts Amid Increased Attacks on SMBs in the USA During Election Year

Retrieved on: 
Wednesday, February 14, 2024

NEW YORK, NY and TORONTO, Ontario, Feb. 14, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Sekur Private Data Ltd. (CSE:SKUR) (OTCQB:SWISF) (FRA:GDT0) (“Sekur” or the “Company”), a leading Swiss hosted secure and private communications platform, is pleased to announce that it has launched its Sekur SMB Privacy and Security solutions of privacy communications solutions amid increased cyber attacks and BEC attacks on small businesses in the USA during the presidential election year.  

Key Points: 
  • Sekur has launched its marketing of SMB solutions in the USA through online marketing and plans to launch a series of channel marketing programs in the coming weeks, to get Sekur and its anti-BEC attack solutions to small businesses in the USA.
  • In 2021 alone there were 20,000 BEC attacks reported to the FBI in the USA.
  • The Sekur number is the contact ID a user would disclose in order for other Sekur users to be added.
  • Sekur’s Data privacy solutions are all hosted in Switzerland, protecting users’ data from any outside data intrusion requests.

Robinhood Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, February 13, 2024

MENLO PARK, Calif., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today announced financial results for the fourth quarter and full year 2023, which ended December 31, 2023.

Key Points: 
  • 2023 Record Revenues of $1.9 billion, up 37% year-over-year, including $471 million in Q4
    Q4 GAAP net income of $30 million, or $0.03 per share, and Adjusted EBITDA of $133 million
    MENLO PARK, Calif., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today announced financial results for the fourth quarter and full year 2023, which ended December 31, 2023.
  • “2023 was a strong year as our product velocity continued to accelerate, our trading market share increased, and we started to expand globally,” said Vlad Tenev, CEO and Co-Founder of Robinhood.
  • The most for retirement with Robinhood Gold - Through April 30, Robinhood is offering customers subscribed to Robinhood Gold up to 3% extra on every dollar contributed to their Robinhood Retirement accounts, including IRA transfers and 401(k) rollovers.
  • Robinhood will host a conference call to discuss its results at 2 p.m. PT / 5 p.m.

Broadband Providers Boost Revenue 15 Percent or More With Tailored Offerings Built on Calix SmartHome

Retrieved on: 
Tuesday, February 13, 2024

These updates—encompassing the Calix Broadband Platform and the managed service offerings in Calix SmartHome ™—give broadband service providers (BSPs) powerful new ways to simplify and optimize their marketing and support activities.

Key Points: 
  • These updates—encompassing the Calix Broadband Platform and the managed service offerings in Calix SmartHome ™—give broadband service providers (BSPs) powerful new ways to simplify and optimize their marketing and support activities.
  • Increasingly, BSPs are leveraging the Calix Platform and SmartHome managed services to strategically redefine their brand value around tailored packages that appeal to unique subscriber segments.
  • With this persona-based offering strategy, Highline increased average revenue per user (ARPU) 15 percent in just six months.
  • Hundreds of BSPs continue to enhance their residential offerings with tailored subscriber experiences from SmartHome.

Concerned Stockholder Urges SmartRent Leadership to Address Strategy, Communication, and Governance Matters

Retrieved on: 
Tuesday, February 13, 2024

Though we engaged with management privately on multiple occasions, our line of questioning about corporate governance prompted a swift referral to external counsel.

Key Points: 
  • Though we engaged with management privately on multiple occasions, our line of questioning about corporate governance prompted a swift referral to external counsel.
  • We are calling on SmartRent's management team and Board to promptly address and clarify the unresolved issues outlined below, and we urge fellow shareholders to do the same.
  • We believe software revenue, which is recurring and high margin, is the main contributor to SmartRent's enterprise value.
  • However, Mr. Haldeman has increasingly minimized the significance of new units as a KPI4, defensively and ex post facto, in our view.

InterDigital and Broadpeak Announce Collaboration on MPEG V3C Standardized Content Distribution At Scale

Retrieved on: 
Tuesday, February 13, 2024

Volumetric video is a critical component in the creation and enjoyment of increasingly immersive experiences and the MPEG V3C standard defines the general mechanism for coding and streaming volumetric content.

Key Points: 
  • Volumetric video is a critical component in the creation and enjoyment of increasingly immersive experiences and the MPEG V3C standard defines the general mechanism for coding and streaming volumetric content.
  • The wide-scale distribution of volumetric content to broad audiences also depends on efficient and V3C-compliant distribution networks, and this is a key area of focus for the InterDigital-Broadpeak collaboration.
  • InterDigital will contribute the V3C end-to-end implementation platform built jointly with its partner Philips, and Broadpeak will contribute on packaging and content delivery network (CDN) technologies.
  • “Thanks to our collaboration with InterDigital, we will further enhance our Origin-Packager and CDN to stream standardized V3C volumetric content to wide audiences.”
    InterDigital and Broadpeak will showcase the latest results of their collaboration on immersive content distribution at scale at Mobile World Congress in Barcelona from February 26 – 29.

Cantaloupe, Inc. Reports Second Quarter Fiscal Year 2024 Financial Results

Retrieved on: 
Thursday, February 8, 2024

“In the second quarter, we continued to execute on our strategy of expanding operating leverage and driving strong profitability,” said Ravi Venkatesan, chief executive officer, Cantaloupe.

Key Points: 
  • “In the second quarter, we continued to execute on our strategy of expanding operating leverage and driving strong profitability,” said Ravi Venkatesan, chief executive officer, Cantaloupe.
  • We increased gross margins during the quarter, driving expansion across all revenue lines.
  • Active Customers totaled 30,027 at the end of the second quarter of 2024 compared to 26,335 at the end of the second quarter of 2023, an increase of 14%.
  • Active Devices totaled 1.23 million at the end of the second quarter of 2024 compared to 1.15 million at the end of the second quarter of 2023, an increase of 7%.

BCE reports 2023 Q4 and full-year results, announces 2024 financial targets and 3.1% annual dividend increase to $3.99 per share

Retrieved on: 
Thursday, February 8, 2024

"BCE is in a good position, having achieved our financial targets for 2023 while having weathered increasing macroeconomic headwinds and an unsupportive public policy environment this past year.

Key Points: 
  • "BCE is in a good position, having achieved our financial targets for 2023 while having weathered increasing macroeconomic headwinds and an unsupportive public policy environment this past year.
  • Adjusted net earnings were up 5.7% in Q4 to $691 million, delivering a 7.0% increase in adjusted EPS to $0.76.
  • BCE capital expenditures in Q4 were $1,029 million, down 37.2% from $1,638 million in Q4 last year, corresponding to a capital intensity13 of 15.9%, compared to 25.4% in Q4 2022.
  • For Q4 2023, Bell Media was ranked number one in full-day viewership in the French-language entertainment and pay specialty market.