Consolidated Revenue Fund of Canada

RadNet Reports Third Quarter Financial Results and Revises Upwards 2023 Financial Guidance Range for Adjusted EBITDA

Retrieved on: 
Wednesday, November 8, 2023
Adjustment, MRI, De novo, Santa Claus, EBCD, RadNet, Consolidated Revenue Fund of Canada, EBITDA, Acquisition, Health, Debt, Artificial intelligence, Mammography, Growth, Partnership, LOS, CT, Workflow, Record, AI, PET/CT, Patient, Video game, Medical device, Bookkeeping, Hospital, Insurance, Cedars-Sinai Medical Center

Dr. Berger added, “I am very pleased to announce that during the quarter, we expanded our outpatient radiology partnership with Cedars-Sinai. This includes establishing a new joint venture called Los Angeles Imaging Group, initially with three locations, as well as broadening our existing three-center joint venture, Santa Monica Imaging Group, to include the contribution of seven additional centers -- five of which were contributed by Cedars-Sinai. The expanded relationship with Cedars-Sinai is designed to increase patient access to outpatient radiology by broadening the ambulatory network of imaging centers throughout Los Angeles, including certain underserved communities. The ventures will streamline and improve patient care by improving workflow, providing better access to records and producing more timely and accurate results for patients and referring physicians. After giving effect to the expanded Cedars-Sinai relationship, we now have almost 36% of our imaging centers held within health system partnerships.”

Key Points: 
  • Dr. Howard Berger, President and Chief Executive Officer of RadNet, commented, “I am very pleased with our performance in the third quarter.
  • Our Imaging Center segment Adjusted EBITDA(1) increased 20.3% as compared with last year’s third quarter, which resulted in Imaging Center margin expansion from 14.4% in last year’s third quarter to 15.1% in this year’s same quarter.
  • As compared with last year’s third quarter, Revenue increased $49.9 million (or 14.3%) and Adjusted EBITDA(1) increased $10.2 million (or 20.3%).
  • For the third quarter of 2023, RadNet reported Net Income of $17.5 million as compared with $668,000 for the third quarter of 2022.

Uniti Group Inc. Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, November 2, 2023
Adjustment, Public expenditure, Artificial intelligence, Consolidated Revenue Fund of Canada, Environment, Weather, Fiumi Uniti, Airline

Consolidated Revenue and Adjusted EBITDA Grew 2.7% and 3.5% for the Third Quarter, Respectively, from the Prior Year Third Quarter

Key Points: 
  • Consolidated Revenue and Adjusted EBITDA Grew 2.7% and 3.5% for the Third Quarter, Respectively, from the Prior Year Third Quarter
    LITTLE ROCK, Ark, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) today announced its results for the third quarter 2023.
  • Uniti Fiber contributed $76.1 million of revenues and $29.9 million of Adjusted EBITDA for the third quarter of 2023, achieving Adjusted EBITDA margins of approximately 39%.
  • Uniti Leasing contributed revenues of $214.6 million and Adjusted EBITDA of $208.6 million for the third quarter.
  • The Company’s leverage ratio at quarter-end was 6.08x based on net debt to third quarter 2023 annualized Adjusted EBITDA.

ZENVIA Reports Q2 2023 and H1 2023 Results

Retrieved on: 
Wednesday, August 16, 2023
Communication, WhatsApp, Software as a service, Travel, Education, CVC, G&A, RCS, Public expenditure, BRL, EBITDA, Chatbot, Consolidated Revenue Fund of Canada, CRM, Yoy, Growth, SLA, Verified, SMS, Beauty salon, Bank, Sales, Food delivery

SÃO PAULO, Aug. 16, 2023 /PRNewswire/ -- Zenvia Inc. (NASDAQ: ZENV), the leading cloud-based CX platform in Latin America empowering companies to transform their customer journeys, today reported its operational and financial metrics for the second quarter and first half of 2023. 

Key Points: 
  • Our CPaaS business reported a 10.2% YoY decrease in Revenue, which totaled BRL 125.5 million in Q2 2023.
  • However, compared to Q2 2023, our net revenue increased 13.6% due to the recovery of SMS volumes, creating the foundation for growth in the H2 2023.
  • Our Non-GAAP Gross Profit increased 17.5% YoY to BRL 42.0 million from BRL 35.7 million, with Non-GAAP Gross Margin reaching 33.5% in Q2 2023 compared to 25.6% Q2 2022.
  • EBITDA in Q2 2023 was positive BRL 15.2 million, compared to negative BRL 15.3 million in Q2 2022.

Telecom Argentina S.A. announces consolidated results for the first half (1H23) and second quarter of fiscal year 2023 ("2Q23") **

Retrieved on: 
Wednesday, August 9, 2023
Impairment, Tax, Insurance, HD, Consolidated Revenue Fund of Canada, Advertising, Internet, Atlantic Coast, ARPU, Asset, Depreciation, Cable television, Cost, Bookkeeping, Mobile phone, Video game, Fertilizer, Marketing, Cryptocurrency

As of June 30, 2023, total mobile subscribers in Argentina and Paraguay amounted to 22.9 million.

Key Points: 
  • As of June 30, 2023, total mobile subscribers in Argentina and Paraguay amounted to 22.9 million.
  • As of June 30, 2023, total mobile subscribers amounted to approximately 20.6 million (+573 thousand vs. 1H22).
  • In 1H23, mobile service revenues in Argentina amounted to P$193,266 million (-$11,443 million or -5.6% vs 1H22).
  • The average monthly revenue per user ("ARPU") amounted to P$1,561.1 during 1H23 (vs. $1,679.8 in 1H22).

Telecom Argentina S.A. announces consolidated results for the first quarter of fiscal year 2023 ("1Q23") **

Retrieved on: 
Tuesday, May 9, 2023
Tax, Consolidated Revenue Fund of Canada, Advertising, Insurance, Partnership, Internet, Ituran, Atlantic Coast, ARPU, Speedtest.net, Depreciation, Cable television, Growth, Flow, D, Mobile phone, Cryptocurrency, Fertilizer, Real estate

As of March 31, 2023, total mobile subscribers in Argentina and Paraguay amounted to 22.8 million.

Key Points: 
  • As of March 31, 2023, total mobile subscribers in Argentina and Paraguay amounted to 22.8 million.
  • As of March 31, 2023, total mobile subscribers amounted to approximately 20.5 million (+321 thousand vs. 1Q22).
  • In 1Q23, mobile service revenues in Argentina amounted to P$81,109 million (-$3,734 million or -4.4% vs 1Q22).
  • Additionally, Personal was awarded by Ookla, the global leader in data testing and network usage analysis, as the Fastest Mobile Network in Argentina.

ZENVIA Reports Q4 & FY 2022 Results(1)

Retrieved on: 
Tuesday, April 4, 2023
Pressure, Software as a service, Travel, FY, G&A, BRL, EBITDA, Black Friday, Risk, Consolidated Revenue Fund of Canada, Yoy, Environment, Pharmaceutical industry, Retail, D1, Normalization

SÃO PAULO, April 4, 2023 /PRNewswire/ -- Zenvia Inc. (NASDAQ: ZENV), the leading cloud-based CX platform in Latin America empowering companies to transform their customer journeys, today reported its operational and financial metrics for the fourth quarter and full year of 2022.

Key Points: 
  • Consolidated Revenue in Q4 2022 totaled BRL 174.9 million, down 8.1% YoY, mainly reflecting the drop in CPaaS revenues related to our pursuit of higher gross margins.
  • Our FY 2022 revenues, that fully consolidate D1 and SenseData and consider eight months of Movidesk, totaled BRL 756.7 million (+23.6%).
  • For FY 2022, Non-GAAP Gross Profit rose 68.2% to BRL 332.9 million, while non-GAAP Gross Margin expanded to 44.0% from 32.3% in FY 2021.
  • The BRL 5 million severance cost impact from the downsizing announced in November was recorded in our Q4 2022 EBITDA.

Co-Diagnostics, Inc. Reports Full Year 2022 Financial Results

Retrieved on: 
Thursday, March 16, 2023
SALT, POC, Research, Sale, Webcast, Tobacco Products Scientific Advisory Committee, EDT, HPV, Consolidated Revenue Fund of Canada, Investment, M.D, COVID-19, FDA, Coronavirus Scientific Advisory Board, JV, Infection, PCR, Medical device, Cryptocurrency, Vaccine, Pharmaceutical industry

SALT LAKE CITY, March 16, 2023 /PRNewswire/ -- Co-Diagnostics, Inc. (NASDAQ: CODX), a molecular diagnostics company with a unique, patented platform for the development of molecular diagnostic tests, announced today financial results for the full year ended December 31, 2022.

Key Points: 
  • SALT LAKE CITY, March 16, 2023 /PRNewswire/ -- Co-Diagnostics, Inc. (NASDAQ: CODX), a molecular diagnostics company with a unique, patented platform for the development of molecular diagnostic tests, announced today financial results for the full year ended December 31, 2022.
  • The commencement of clinical evaluations announced in February of this year marks an important step toward detection of infectious diseases in at-home and POC settings, with anticipated multiplex panels to follow."
  • Mr. Egan continued, "Looking ahead, we remain focused on executing the clinical evaluations for our Co-Dx PCR Home platform, including the clinical trials themselves and the analytical studies required to support regulatory submissions.
  • Our mission of creating a new standard for real-time PCR at-home and POC technology continues to be validated.

Telecom Argentina S.A. announces consolidated annual results ("FY22") and fourth quarter of fiscal year 2022 ("4Q22") **

Retrieved on: 
Thursday, March 9, 2023
Cloud, Cable television, Posadas, City, Autonomous city, HFC, Music, CGU, Insurance, Ecosystem, Atlantic Coast, Depreciation, Optical fiber, Chromecast, Internet, ARPU, Tax, Advertising, Bank statement, Collection, Churn, HDR, Oracle Cloud, Dolby Vision, Computer security, Maintenance, Flow, Personal, Consolidated Revenue Fund of Canada, FTTH, D, DSS, Telecom, Bookkeeping, Food delivery, Mobile phone, Fertilizer, Marketing, Cryptocurrency, Health insurance, Reinsurance, Argentines

As of December 31, 2022, total mobile subscribers in Argentina and Paraguay amounted to 22.5 million.

Key Points: 
  • As of December 31, 2022, total mobile subscribers in Argentina and Paraguay amounted to 22.5 million.
  • As of December 31, 2022, total mobile subscribers amounted to approximately 20.2 million (+114 thousand vs. FY21).
  • The monthly Cable TV ARPU (restated in constant currency as of December 31, 2022) reached P$3,006.9 during FY22 (vs. P$3,668.3 in FY21).
  • Net Financial Results (including Financial Expenses on Debt and Other Financial Results) were P$61,978 million in FY22 (vs. P$88,921 million in FY21), mainly due to:

Pixelworks Reports Fourth Quarter and Fiscal Year 2022 Financial Results

Retrieved on: 
Thursday, February 9, 2023
PIN, Smartphone, EBITDA, The Walt Disney Company, OEM, Water, GAAP, Research, PXLW, OnePlus, Completeness, HDR, Growth, Consolidated Revenue Fund of Canada, Guarantee Security Life Insurance Company, ICS, Avatar: The Way of Water, OnePlus Ace, Mobile phone, Video game, Bank, Pixelworks

PORTLAND, Ore., Feb. 9, 2023 /PRNewswire/ -- Pixelworks, Inc. (NASDAQ: PXLW), a leading provider of innovative video and display processing solutions, today announced financial results for the fourth quarter and fiscal year ended December 31, 2022.

Key Points: 
  • Revenue in the fourth quarter of 2022 was $16.9 million, compared to $17.6 million in the third quarter of 2022 and $16.6 million in the fourth quarter of 2021.
  • On a GAAP basis, gross profit margin in the fourth quarter of 2022 was 53.1%, compared to 50.1% in the third quarter of 2022 and 53.5% in the fourth quarter of 2021.
  • Fourth quarter 2022 GAAP operating expenses were $12.0 million, compared to $13.5 million in the third quarter of 2022 and $12.6 million in the year-ago quarter.
  • Fourth quarter 2022 non-GAAP operating expenses were $10.8 million, compared to $12.2 million in the third quarter of 2022 and $11.0 million in the year-ago quarter.

Government of Canada makes available more spectrum for higher-quality telecom services for Canadians

Retrieved on: 
Wednesday, January 25, 2023
Receiver General for Canada, The Honourable, Consolidated Revenue Fund of Canada, Minister of Rural Economic Development, Consolidated Fund, Rural economics, Local government in Canada, Government, Innovation, Science and Economic Development Canada, Economic development, Hertz, Telecommunications, Auction, Science

To support these goals, the Government of Canada is committed to making more spectrum available.

Key Points: 
  • To support these goals, the Government of Canada is committed to making more spectrum available.
  • Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, announced that more Canadians will benefit from higher-quality telecom services as a result of the auction of residual spectrum licences that concluded on January 17.
  • "Our government recognizes that higher-quality wireless services are crucial to keeping Canadians connected and growing our economy.
  • Licences awarded in this auction include deployment requirements to ensure that providers use this spectrum to offer services to Canadians in a timely manner.