Continuous operation

Barnes & Noble Education Reports Second Quarter Fiscal Year 2024 Financial Results

Retrieved on: 
Wednesday, December 6, 2023
Technology, Retail, Office Products, Entertainment, Books, Online Retail, Continuing, University, Publishing, Primary, Secondary, Software, Education, Communications, Internet, Sale, NYSE, Autumn, Financial result, Barnes & Noble Education, Student, Consolidated, Faculty, GAAP, Adjustment, School, Growth, BNC, Continuous operation, Tourism, Video game, Management, Health care, Pharmaceutical industry, Nursing, Music

Barnes & Noble Education, Inc. (NYSE: BNED) , a leading solutions provider for the education industry, today reported sales and earnings for the second quarter ended on October 28, 2023.

Key Points: 
  • Barnes & Noble Education, Inc. (NYSE: BNED) , a leading solutions provider for the education industry, today reported sales and earnings for the second quarter ended on October 28, 2023.
  • Barnes & Noble Education is a highly seasonal business, and the second quarter includes the Fall rush period, which is historically the largest sales period for the Company.
  • The second quarter sales increase is primarily related to higher course material sales, primarily through the Company’s First Day programs.
  • Barnes & Noble Education expects to report fiscal year 2024 third quarter results in early March 2024.

Dole plc Reports Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, November 16, 2023
Retail, Agriculture, Natural Resources, Food, Beverage, Sale, Investment, EBITDA, Capital expenditure, Public expenditure, Adjustment, Continuous operation, Weather, Cryptocurrency, Bookkeeping

The increase was driven by $45.5 million of cash proceeds received during the three months ended September 30, 2023, resulting in a gain of $28.7 million.

Key Points: 
  • The increase was driven by $45.5 million of cash proceeds received during the three months ended September 30, 2023, resulting in a gain of $28.7 million.
  • Free Cash Flow from Continuing Operations was $105.8 million for the nine months ended September 30, 2023.
  • On November 15, 2023, the Board of Directors of Dole plc declared a cash dividend for the third quarter of 2023 of $0.08 per share, payable on January 4, 2024 to shareholders of record on December 14, 2023.
  • A cash dividend of $0.08 per share was paid on October 5, 2023 for the second quarter of 2023.

Mativ Announces Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 8, 2023
Natural Resources, Manufacturing, Other Manufacturing, Packaging, Forest Products, Adjustment, Sale, Continuous operation, ATM, NYSE, SWM, Financial result, EBITDA, GAAP, MATV, Comparable, Environment, Growth, EP, EPS, 8-K, Pharmaceutical industry, Bank

Mativ Holdings, Inc. ("Mativ" or the "Company") (NYSE: MATV) reported earnings results for the three months ended September 30, 2023.

Key Points: 
  • Mativ Holdings, Inc. ("Mativ" or the "Company") (NYSE: MATV) reported earnings results for the three months ended September 30, 2023.
  • Financial results for periods prior to the July 6, 2022 merger reflect only the continuing operations of legacy SWM results.
  • On August 1, 2023, Mativ Holdings, Inc. (“Mativ” or the “Company”) announced the planned sale of its Engineered Papers business, which is now presented as discontinued operations.
  • Note: The Reported Results below reflect consolidated Mativ results in the current and prior period.

RumbleOn Reports Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 7, 2023
Software, Automotive, Other Automotive, Technology, Online Retail, Recreational Vehicles, Performance & Special Interest, Retail, Unit, EBITDA, Transport, Powersports, Continuous operation, Class, GPU, Music, Airline, Fine chemical, Rare-earth element

Total stock-based compensation was $3.1 million compared to $4.9 million in the prior quarter.

Key Points: 
  • Total stock-based compensation was $3.1 million compared to $4.9 million in the prior quarter.
  • As of September 30, 2023, RumbleOn had 16,735,391 total shares of Class B common stock and 50,000 shares of Class A common stock outstanding.
  • RumbleOn is reaffirming its outlook for the full year 2023 and full year 2024:
    The full year 2023 Outlook is as follows:
    Total Powersports and Transportation Revenue of $1.38 billion to $1.48 billion.
  • Unless otherwise noted, all comparisons are on a sequential basis for the three months ended September 30, 2023, as compared to the three months ended June 30, 2023.

ATSG Reports Third Quarter 2023 Results

Retrieved on: 
Monday, November 6, 2023
Transport, Air, Aircraft, Omni, Airbus, Adjustment, Continuous operation, Air Transport Services Group, DHL, Earnings, EBITDA, GAAP, Boeing 767, A321, PBC, Earnings before interest, taxes, depreciation and amortization, Tax, EPS, ATSG, A330, COVID-19, Depreciation, A321-200, Travel, Boeing, Airline, Bookkeeping, Amazon

Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body aircraft leasing, contracted air transportation, and related services, today reported consolidated financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body aircraft leasing, contracted air transportation, and related services, today reported consolidated financial results for the third quarter ended September 30, 2023.
  • However, both macro and operational pressures throughout the latter part of the quarter materially affected our results.
  • Pre-tax earnings were $12 million in the third quarter, down 51% versus the prior-year quarter.
  • ATSG is updating its full-year 2023 guidance as follows:

Exelon Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, November 2, 2023
Energy, Other Energy, Utilities, Oil, Gas, Pepco, Weather, Continuous operation, Treasury, BGE, PHI, CMC, Carbon, ROE, GAAP, Electricity, ACE, Infrastructure Investment and Jobs Act, PECO, Commonwealth Edison, EPS, Corporation, Table, Series, Natural gas, Bank, Insurance, Video game, Exelon

Exelon Corporation (Nasdaq: EXC) today reported its financial results for the third quarter of 2023.

Key Points: 
  • Exelon Corporation (Nasdaq: EXC) today reported its financial results for the third quarter of 2023.
  • Adjusted (non-GAAP) Operating Earnings for the third quarter of 2023 decreased to $0.67 per share from $0.75 per share in the third quarter of 2022.
  • ComEd's third quarter of 2023 GAAP Net Income increased to $333 million from $291 million in the third quarter of 2022.
  • BGE’s third quarter of 2023 GAAP Net Income increased to $45 million from $33 million in the third quarter of 2022.

Pediatrix Medical Group Reports Third Quarter Results

Retrieved on: 
Thursday, November 2, 2023
General Health, Hospitals, Consumer, Health, Baby, Maternity, Adjustment, ET, Continuous operation, Tax, Public expenditure, EBITDA, GAAP, Pediatrix Medical Group, RCM, Webcast, EPS, Depreciation, Malpractice, Borrowing base, Debt-to-GDP ratio, Bookkeeping, Video game, Security (finance), Clothing, Cryptocurrency

Depreciation and amortization expense was $9.2 million for the third quarter of 2023, compared to $9.0 million for the third quarter of 2022.

Key Points: 
  • Depreciation and amortization expense was $9.2 million for the third quarter of 2023, compared to $9.0 million for the third quarter of 2022.
  • Investment and other income was $0.3 million for the third quarter of 2023, compared to $0.6 million for the third quarter of 2022.
  • For the third quarter of 2023, Pediatrix reported Adjusted EPS from continuing operations of $0.32, compared to $0.40 for the third quarter of 2022.
  • For the third quarter of 2023, Pediatrix generated cash from continuing operations of $81.1 million, compared to $88.4 million for the third quarter of 2022.

H&E Equipment Services, Inc. Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, October 26, 2023
Other Construction & Property, Architecture, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Renting, Security (finance), Continuous operation, Eastern Time Zone, Tax, Adobe Acrobat, EBITDA, GAAP, Acquisition, Net income, Growth, H&E, Depreciation, Administration, Bookkeeping, Video game, Adjustment

Average rental rates, excluding One Source, increased 4.9% compared to the third quarter of 2022, and 1.2% compared to the second quarter of 2023.

Key Points: 
  • Average rental rates, excluding One Source, increased 4.9% compared to the third quarter of 2022, and 1.2% compared to the second quarter of 2023.
  • Dollar utilization of 41.5% compared to 42.7% in the third quarter of 2022 and 40.6% in the second quarter of 2023.
  • Time utilization (based on original equipment cost) was 70.0% in the third quarter of 2023 compared to 73.3% in the third quarter of 2022.
  • Gross margins on used equipment sales improved to 58.5% in the third quarter of 2023 compared to 53.7% in the third quarter of 2022.

AT&T Raises Full-Year Adjusted EBITDA and Free Cash Flow Guidance Driven by Continued Subscriber and Revenue Growth

Retrieved on: 
Thursday, October 19, 2023
Cricket, AT&T, Capital, Continuous operation, Operating cost, First, ARPU, First Responder Network Authority, NYSE, DSL, Human, EBITDA, Postpaid mobile phone, Intellectual property, Acquisition, DIRECTV, Growth, Marketing, Webcast, GWS, Capital expenditure, AT&T Internet, AT, Indian stock exchange, Investment, Government, Renting, Mobile phone, Cryptocurrency, Commercial property, Music, Mobile telephony, Natural gas, Video game, Bank, Real estate, Bookkeeping, Internet service provider, Financial services, Airline, DALLAS, Mobility

DALLAS, Oct. 19, 2023 /PRNewswire/ -- AT&T Inc. (NYSE: T) again delivered strong results in the third quarter with solid 5G and fiber subscriber growth. The company also posted healthy year over year increases in Mobility service and broadband revenues, driving higher profitability.

Key Points: 
  • Free cash flow* of $5.2 billion, up $1.3 billion year over year; year-to-date, free cash flow is up $2.4 billion versus the same period a year ago.
  • The company now expects full-year free cash flow* of about $16.5 billion, versus prior guidance of $16 billion or better.
  • This is powering our strong business performance and gives us the confidence to raise our full-year free cash flow guidance," said John Stankey, AT&T CEO.
  • Service revenues were $15.9 billion, up 3.7% year over year, primarily driven by subscriber and postpaid phone ARPU growth.

Barnes & Noble Education Reports First Quarter Fiscal Year 2024 Financial Results

Retrieved on: 
Wednesday, September 6, 2023
University, Books, Entertainment, Primary, Secondary, Education, Autumn, Barnes & Noble Education, Fanaticism, Completeness, Continuous operation, GAAP, Barnes, School, Growth, Consolidated, Adjustment, Credit, NYSE, BNC, Video game, Pharmaceutical industry, Music, Security (finance), Health care

Barnes & Noble Education is a highly seasonal business, and the first quarter is historically a period of low sales activity for the Company.

Key Points: 
  • Barnes & Noble Education is a highly seasonal business, and the first quarter is historically a period of low sales activity for the Company.
  • Financial Results for the First Quarter Fiscal Year 2024:
    Consolidated first quarter GAAP sales of $264.2 million increased by $9.5 million, or 3.7%, as compared to $254.7 million in the prior year period.
  • “Our fiscal year 2024 is off to a solid start and our first quarter results reflect clear progress against our strategic initiatives.
  • Barnes & Noble Education expects to report fiscal year 2024 second quarter results in early December 2023.