Conference proceedings

Housing investment and the user cost of housing in the euro area

Retrieved on: 
Tuesday, April 23, 2024
Chamber of Deputies (Italy), Tax, JRC, Finance, Coilover, Conference proceedings, Depreciation, European Commission, LTV, House, ECB, Policy, Federal Reserve Bank, Database, Reserve Bank of Australia, Journal, Journal of Applied Econometrics, OIS, Credit, Housing, Machine learning, Quarterly Journal of Economics, Conference, Pressure, Weakness, European Parliament, COVID-19, HICP, Real estate

Furthermore, we use an empirical model to relate the level of housing investment to the user cost of housing.

Key Points: 
  • Furthermore, we use an empirical model to relate the level of housing investment to the user cost of housing.
  • This highlights the possibility of further weakness in euro area housing investment, which could persist for some time if there is no significant decline in the user cost of housing.

CACTUS partners with PNAS to make the journal's high-quality research accessible through R Discovery

Retrieved on: 
Monday, March 11, 2024
Nexus, Discovery, CACTUS, Culture, Database, University, Partnership, Society, Research, PNAS, Conference proceedings, National academy, NAS, Social, Literature, Pharmaceutical industry

This will make PNAS' high-quality research accessible to researchers through R Discovery, the highest-rated literature search and research reading platform by CACTUS.

Key Points: 
  • This will make PNAS' high-quality research accessible to researchers through R Discovery, the highest-rated literature search and research reading platform by CACTUS.
  • Leveraging cutting-edge AI technology, R Discovery is dedicated to enriching the research discovery and reading experience for researchers.
  • Ms. Diane Sullenberger, Executive Editor of PNAS and PNAS Nexus, notes: "Our partnership with Cactus Communications signifies our shared vision to make PNAS research universally accessible through R Discovery.
  • This partnership marks a significant milestone for R Discovery, expanding its repository and solidifying its position as a leading platform for on-the-go research discovery.

Genesco Inc. Reports Fiscal 2024 Fourth Quarter and Full Year Results

Retrieved on: 
Friday, March 8, 2024
Retail, Technology, Footwear, Other Consumer, Women, Online Retail, Other Retail, Discount, Variety, Children, Men, Electronic Commerce, Specialty, Family, Consumer, Fashion, Square, Analysis, Depreciation, Johnston & Murphy, Conversation, Journey, Pressure, Weather, Risk, Share repurchase, Marketing, Conference proceedings, Inventory, Growth, ESG, Tenant, Pandemic, Weakness, Holiday, GAAP, Public expenditure, Result, Foreign, Fiscal, Public, Video game

Adjusted operating margin was 5.2% of sales in the fourth quarter of Fiscal 2024 and 7.0% in the fourth quarter last year.

Key Points: 
  • Adjusted operating margin was 5.2% of sales in the fourth quarter of Fiscal 2024 and 7.0% in the fourth quarter last year.
  • The effective tax rate for the quarter was 43.0% in Fiscal 2024 compared to 19.1% in the fourth quarter last year.
  • GAAP earnings from continuing operations were $20.3 million in the fourth quarter of Fiscal 2024 compared to $39.2 million in the fourth quarter last year.
  • Total debt at the end of the fourth quarter of Fiscal 2024 was $34.7 million compared with $44.9 million at the end of last year’s fourth quarter.

Riskified Outperforms FY'23 Adjusted EBITDA Guidance by 37% and Ends Year with Positive Free Cash Flow

Retrieved on: 
Tuesday, March 5, 2024
Online Retail, Retail, Security, Apps, Applications, Technology, Other Technology, Software, Gross merchandise volume, Depreciation, Artificial intelligence, CTB, Annual report, Instability, Share repurchase, Conference proceedings, Growth, Table, Exercise, Disclosure, Adjustment, Risk, GAAP, History, Webcast, GMV, Tax, Public expenditure, Privacy, Security (finance), Failure, Insurance, Partnership, Bank

For the year ending December 31, 2024, we currently expect:

Key Points: 
  • For the year ending December 31, 2024, we currently expect:
    We anticipate positive Adjusted EBITDA in 2024.
  • Free Cash Flow is limited because it does not represent the residual cash flow available for discretionary expenditures.
  • Free Cash Flow is not necessarily a measure of our ability to fund our cash needs.
  • We define Free Cash Flow as net cash provided by (used in) operating activities, less cash purchases of property and equipment, and cash spent on capitalized software development costs.

Compass, Inc. Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, February 27, 2024
Analysis, Regulation, Conversation, Artificial intelligence, Risk, Net, Form 10-K, Conference proceedings, Growth, COMP, Disclosure, GTV, Federation, Adjustment, Conference, Annual report, Health, Form 10-Q, GAAP, Regulation Fair Disclosure, OPEX, Public expenditure, Privacy, Result, Security (finance), Insurance, Machine learning, Trust, Software, Bank statement, Internet, Depreciation

NEW YORK, Feb. 27, 2024 /PRNewswire/ -- Compass, Inc. (NYSE: COMP) ("Compass" or "the Company"), the largest residential real estate brokerage in the United States by transaction volume1, announced its financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • For 2023, Net loss was $321.3 million compared to $601.5 million in 2022, a reduction of $280.2 million or 47%.
  • In 2023, Adjusted EBITDA was ($38.9) million compared to ($210.0) million in 2022, an improvement of $171 million or 81%.
  • Management will conduct a conference call to discuss the fourth quarter and full year 2023 results as well as outlook at 5:00 p.m.
  • Accordingly, actual results could differ materially from those predicted or implied or such uncertainties could cause adverse effects on our results.

Genesco Reports Comparable Sales

Retrieved on: 
Monday, January 8, 2024
Discount, Variety, Children, Other Retail, Men, Specialty, Family, Fashion, Consumer, Retail, Footwear, Conference, Conversation, Eastern Time Zone, Pandemic, Journey, Johnston & Murphy, Tenant, Holiday, Weakness, Conference proceedings, Result, ESG, Analysis, Risk, Public, Weather, Foreign, Pressure, EPS

Mimi E. Vaughn, Genesco board chair, president and chief executive officer, said, “Following a positive start to the holiday season, sales decelerated in the weeks approaching Christmas, as consumer shopping trends remained choppy and peak shopping days were not enough to offset the lulls in between.

Key Points: 
  • Mimi E. Vaughn, Genesco board chair, president and chief executive officer, said, “Following a positive start to the holiday season, sales decelerated in the weeks approaching Christmas, as consumer shopping trends remained choppy and peak shopping days were not enough to offset the lulls in between.
  • While consumer appetite for key items remained strong, there was less interest in boots, which are a meaningful part of our winter assortment.
  • Positively, momentum remained strong at Johnston & Murphy, helping to counter the lower-than-expected results at Journeys, and our online businesses continued to post solid gains.
  • With fourth quarter sales trending below our expectations, we now expect total year adjusted EPS to be in the range of $0.65 to $0.85 compared with our prior view for a range of $1.50-$2.00.

Genesco Inc. Reports Fiscal 2024 Third Quarter Results

Retrieved on: 
Friday, December 1, 2023
Men, Online Retail, Other Retail, Family, Discount, Variety, Specialty, Consumer, Fashion, Retail, Children, Women, Footwear, Holiday, Pandemic, Conference proceedings, Pressure, Square, Depreciation, Share repurchase, Journey, Risk, Public expenditure, Weather, Inventory, EPS, Marketing, Weakness, Tenant, Johnston & Murphy, GAAP, Conversation, Analysis, Foreign, Fiscal, Schuh, Financial condition report, Result, Public, ESG, Video game, Security (finance), Genesco, Republic of Ireland

Adjusted operating margin was 1.9% of sales in the third quarter of Fiscal 2024 and 4.4% in the third quarter last year.

Key Points: 
  • Adjusted operating margin was 1.9% of sales in the third quarter of Fiscal 2024 and 4.4% in the third quarter last year.
  • The effective tax rate for the quarter was 22.5% in Fiscal 2024 compared to 18.7% in the third quarter last year.
  • The adjusted tax rate, reflecting Excluded Items, was 27.8% in Fiscal 2024 compared to 19.6% in the third quarter last year.
  • GAAP earnings from continuing operations were $6.6 million in the third quarter of Fiscal 2024 compared to $20.4 million in the third quarter last year.

Riskified Continues to Execute on Land and Expand Strategy to Achieve Third Quarter Revenue Growth of 14%

Retrieved on: 
Wednesday, November 15, 2023
Data Management, Security, Technology, Software, Electronic Commerce, Artificial Intelligence, Webcast, Disclosure, EBITDA, Conference proceedings, Security (finance), Depreciation, Annual report, Privacy, Exercise, Risk, Share repurchase, Tax, History, Insurance, Public expenditure, Stock dilution, Artificial intelligence, Instability, GAAP, Adjustment, PSD2, E-commerce, Partnership, Table, Gross merchandise volume, CTB, Growth, Failure, Performance indicator, GMV, Cryptocurrency, Bookkeeping, Bank, Riskified

These results are testament to the overall strength of the business, and to our ability to execute and find leverage in the model.

Key Points: 
  • These results are testament to the overall strength of the business, and to our ability to execute and find leverage in the model.
  • We are updating our revenue guidance for the year ending December 31, 2023 as follows:
    Revenue between $297 million and $300 million.
  • We are committed to continuing to manage the business in a disciplined manner and seek to identify further leverage in the business model.
  • (1) GMV is a key performance indicator and Adjusted EBITDA is a non-GAAP measure of financial performance.

Compass, Inc. Reports Third Quarter 2023 Results

Retrieved on: 
Monday, November 6, 2023
Adjustment, Risk, Intelligence, Security (finance), Result, NYSE, Health, Regulation, Conversation, Public expenditure, ChatGPT, EBITDA, Conference, GAAP, Disclosure, Federation, Compass, Inc., GTV, Internet, COMP, Software, Bank statement, Financial condition report, Artificial intelligence, Growth, Database, Annual report, Analysis, Conference proceedings, Machine learning, Regulation Fair Disclosure, Form 10-K, API, Privacy, Depreciation, Principal–agent problem, Net, Real estate, Sales, Cryptocurrency, Commercial property, Bank, Insurance, Compass

NEW YORK, Nov. 6, 2023 /PRNewswire/ -- Compass, Inc. (NYSE: COMP) ("Compass" or "the Company"), the largest residential real estate brokerage in the United States by transaction volume1, announced its financial results for the third quarter ended September 30, 2023.

Key Points: 
  • NEW YORK, Nov. 6, 2023 /PRNewswire/ -- Compass, Inc. (NYSE: COMP) ("Compass" or "the Company"), the largest residential real estate brokerage in the United States by transaction volume1, announced its financial results for the third quarter ended September 30, 2023.
  • We had a cash balance of $220 million at the end of the third quarter in addition to our revolving credit facility."
  • Management will conduct a conference call to discuss the third quarter 2023 results as well as outlook at 5:00 p.m.
  • Accordingly, actual results could differ materially from those predicted or implied or such uncertainties could cause adverse effects on our results.

Almaden Obtains Provisional Injunction Relating to Decision of Ministry of the Economy

Retrieved on: 
Thursday, September 14, 2023
Economia, AMM, Conference proceedings, SCJN, District court, Legal proceeding, MG, Supreme court, Court, TSX, District Court of Western Australia, NYSE, AAU, Law

As previously reported, these mineral titles were reduced to application status as a result of the February 2022 decision of the SCJN.

Key Points: 
  • As previously reported, these mineral titles were reduced to application status as a result of the February 2022 decision of the SCJN.
  • The Court has admitted the Legal Proceedings and, as a first step, has granted a provisional injunction in favour of MG.
  • This provisional injunction prevents Economia from releasing the mineral rights covered by the Company’s mineral title applications while the Legal Proceedings are ongoing.
  • Almaden does not have a timeline for the Compliance Appeal or a definitive ruling on the Legal Proceedings.