CODM

CarGurus Announces Third Quarter 2023 Results

Retrieved on: 
Tuesday, November 7, 2023
Consolidated, Digital, International, IMCO, EBITDA, Share repurchase, Listing, GAAP, Growth, EPS, CarGurus, CODM, Total, Investment, Retail, Video game, Bookkeeping, Drug, Tutoring, Joe Caroff

GAAP consolidated net income was $19.0 million; Consolidated Adjusted EBITDA was $48.6 million, exceeding high-end of guidance range

Key Points: 
  • GAAP consolidated net income was $19.0 million; Consolidated Adjusted EBITDA was $48.6 million, exceeding high-end of guidance range
    CarGurus acquires the remaining minority equity interests in CarOffer, LLC
    CAMBRIDGE, Mass., Nov. 07, 2023 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, today announced financial results for the third quarter ended September 30, 2023.
  • "We are pleased to have exceeded our forecasted consolidated adjusted EBITDA guidance range for the quarter," said Jason Trevisan, Chief Executive Officer at CarGurus.
  • Website traffic and consumer engagement metrics for the third quarter of 2023 were as follows:
    U.S. average monthly unique users were 31.7 million, an increase of 8% year-over-year.
  • CarGurus anticipates total revenue, product revenue, non-GAAP Consolidated Adjusted EBITDA, and non-GAAP earnings per share ("EPS") to be in the following ranges:

Alipay+ and Google Play Launch Initiatives to Enhance Game Developers' Engagement with Asia's Mobile Users

Retrieved on: 
Tuesday, September 12, 2023
Mobile, Wireless, Technology, Finance, Banking, Professional Services, Software, Networks, Data Management, Retail, Online Retail, Alipay, Weapon, CODM, Partnership, Research report, MLBB, Marketing, KakaoPay, TrueMoney, Multimedia, DANA, Somatosensory system, US, Mobile Legends: Bang Bang, Ant Group, Concerns and controversies at the 2018 Asian Games, GCash, Google Play, Video game, Cryptocurrency

Alipay+ and Google Play in August also rolled out their first-ever joint gaming festival in the Philippines, Indonesia, Thailand and Malaysia.

Key Points: 
  • Alipay+ and Google Play in August also rolled out their first-ever joint gaming festival in the Philippines, Indonesia, Thailand and Malaysia.
  • Since 2020, transaction volumes and values on Google Play made by Alipay+ e-wallet partners increased by more than 10 times.
  • Many game developers have also enhanced their offerings through Alipay+ and Google Play.
  • The increased focus on gamers by Alipay+ and Google Play is designed to help game developers win a larger share in the worlds' fastest-growing digital and entertainment markets.

CarGurus Announces Second Quarter 2023 Results

Retrieved on: 
Wednesday, August 9, 2023
CODM, International, CarGurus, Business, GAAP, Ratio, EBITDA, Acquisition, Investment, Webcast, Growth, EPS, Consolidated, IMCO, Digital, Total, Clothing, Video game, Bank, Bookkeeping, Retail, Drug, Tutoring, Security (finance), Joe Caroff

CAMBRIDGE, Mass., Aug. 09, 2023 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, today announced financial results for the second quarter ended June 30, 2023.

Key Points: 
  • GAAP consolidated net income was $13.8 million; Consolidated Adjusted EBITDA was $45.2 million, exceeding high-end of guidance range
    CAMBRIDGE, Mass., Aug. 09, 2023 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, today announced financial results for the second quarter ended June 30, 2023.
  • "We are extremely pleased with our second quarter results as we exceeded our forecasted consolidated adjusted EBITDA guidance for the quarter," said Jason Trevisan, Chief Executive Officer at CarGurus.
  • Website traffic and consumer engagement metrics for the second quarter of 2023 were as follows:
    U.S. average monthly unique users were 31.9 million, an increase of 8% year-over-year.
  • CarGurus will host a conference call and live webcast to discuss its second quarter 2023 financial results and business outlook at 5:00 p.m. Eastern Time today, August 9, 2023.

CarGurus Announces First Quarter 2023 Results

Retrieved on: 
Tuesday, May 9, 2023
CODM, Listing, CarGurus, Business, Ratio, EBITDA, Acquisition, Webcast, EPS, IMCO, Adjustment, Total, Music, Bank, Video game, Security (finance), Cryptocurrency, Retail, Tutoring, International, GAAP, Joe Caroff

CAMBRIDGE, Mass., May 09, 2023 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, today announced financial results for the first quarter ended March 31, 2023.

Key Points: 
  • As of March 31, 2023, CarGurus had cash and cash equivalents of $456.7 million and $399.3 million available under its revolving credit facility.
  • Marketplace segment revenue was $155.6 million in the first quarter of 2023, an increase of 2% compared to $151.9 million in the first quarter of 2022.
  • Digital Wholesale segment revenue was $64.8 million in the first quarter of 2023, a decrease of (76)% compared to $267.3 million in the first quarter of 2022.
  • CarGurus will host a conference call and live webcast to discuss its first quarter 2023 financial results and business outlook at 5:00 p.m. Eastern Time today, May 9, 2023.

CarGurus Announces Fourth Quarter and Full-Year 2022 Results

Retrieved on: 
Tuesday, February 28, 2023
IMCO, EBITDA, Adjustment, Ratio, CarGurus, Acquisition, Webcast, Business, EPS, CODM, Listing, Digital, COVID-19, Bank, Holding company, Video game, Cryptocurrency, Bookkeeping, Pharmaceutical industry, Security (finance), Tutoring, Joe Caroff, GAAP, International

CAMBRIDGE, Mass., Feb. 28, 2023 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, today announced financial results for the fourth quarter and full-year ended December 31, 2022.

Key Points: 
  • Marketplace segment revenue was $155.1 million in the fourth quarter of 2022, an increase of 4% compared to $149.3 million in the fourth quarter of 2021.
  • Digital Wholesale segment revenue was $120.5 million in the fourth quarter of 2022, a decrease of (33)% compared to $178.6 million in the fourth quarter of 2021.
  • Website traffic and consumer engagement metrics for the fourth quarter of 2022 were as follows:
    U.S. average monthly unique users were 26.4 million, a decrease of (8)% compared to 28.6 million in the fourth quarter of 2021.
  • CarGurus will host a conference call and live webcast to discuss its fourth quarter and full year-ended 2022 financial results and business outlook at 5:00 p.m. Eastern Time today, February 28, 2023.

IDEX Reports Strong Fourth Quarter and Record Full Year 2022 Results

Retrieved on: 
Tuesday, January 31, 2023
Manufacturing, Machinery, Maker, EPS, Accounting Standards Codification, COVID-19 testing, Stock dilution, ASC, Acceleration, Investment, Acquisition, Finance, EBITDA, GAAP, Sale, Quarter, IDEX, CODM, COVID-19, Depreciation, Tax, Pharmaceutical industry, Retail

Fourth quarter 2022 net income attributable to IDEX increased $11.2 million to $130.0 million, which resulted in EPS attributable to IDEX of $1.71 per share.

Key Points: 
  • Fourth quarter 2022 net income attributable to IDEX increased $11.2 million to $130.0 million, which resulted in EPS attributable to IDEX of $1.71 per share.
  • Full year 2022 net income attributable to IDEX increased $137.5 million to $586.9 million, which resulted in EPS attributable to IDEX of $7.71 per share.
  • Fourth quarter 2022 net income margin of 16.0 percent decreased 60 basis points compared with the prior year period.
  • Fourth quarter 2022 free cash flow of $147.3 million was 96 percent of adjusted net income attributable to IDEX, while full year 2022 free cash flow of $489.4 million was 79 percent of adjusted net income attributable to IDEX.

Uniting Fans Across the Globe: RazerCon 2021 Delivers Exclusive Announcements, First Looks & Giveaways

Retrieved on: 
Friday, October 22, 2021
Entertainment, Consumer Electronics, Technology, Software, Electronic Games, Hardware, Carbon, Dark, Cortex, Head, Titanium, Efficiency, AMD, Intel, Partnership, Binary relation, Facebook, Multimedia, IOS, Program, MSRP, Health, Android, DJ Soda, Blade, Neck, FL Studio, CouRageJD, Research, USD, Microsoft, Hearing, Filtration, Seagate, Human, Individual, Internet, CES, Halo Infinite, ByteDance, Call, Call of Duty: Mobile, Industry, Mouth, Nose, Gen, Future, BFE, RGB, Pressure, Viva La Dirt League, Shoulder, Hypervigilance, TikTok, 2D, FDA, YouTube, Zephyr, Atmosphere, Gold, Saber Interactive, Software, David Acord, Razer Inc., Halo, CES 2021, Larian Studios, CODM, Cryptocurrency, Video game console, Video game, Entertainment, Personal protective equipment, Tissue paper, Jewellery, Cassette tape

RazerCon 2021 also featured standout showcases from gaming studios like 24 Entertainment, ArtCraft Entertainment, Capcom, Larian Studios, NEOWIZ, Prime Matter, and Saber Interactive.

Key Points: 
  • RazerCon 2021 also featured standout showcases from gaming studios like 24 Entertainment, ArtCraft Entertainment, Capcom, Larian Studios, NEOWIZ, Prime Matter, and Saber Interactive.
  • In August 2021, Razer reached out to its global community to beta-test the yet-to-be-launched Razer Zephyr.
  • Taking in comments and feedback from fans, the Razer Zephyr was designed to provide a smart, eco-friendly mask option.
  • At RazerCon 2021, Razer introduced the Razer Kraken V3 Pro, the first wireless gaming headset in Razers iconic Kraken line-up.