Revenue

Publication of Iveco Group’s results from Continuing Operations for 2022 and 2023 by Business Unit

Retrieved on: 
Monday, April 8, 2024
EXM, ASTRA, Small Business Saturday, Iveco, Agriculture, Financial services, IDV, Commercial, FPT Industrial, Adjustment, IVG, IVECO, Fire, Revenue

Iveco Group (EXM: IVG) announces the publication on its corporate website of its quarterly figures for 2022 and 2023 duly recast according to the Company’s new segment reporting structure by Business Unit, as presented on 14th March 2024 and effective starting from 1st January 2024.

Key Points: 
  • Iveco Group (EXM: IVG) announces the publication on its corporate website of its quarterly figures for 2022 and 2023 duly recast according to the Company’s new segment reporting structure by Business Unit, as presented on 14th March 2024 and effective starting from 1st January 2024.
  • Following the agreement with Mutares SE & Co. KGaA (ISIN: DE000A2NB650) regarding the divestiture of the Fire Fighting business, as of the first quarter of 2024 this Business Unit will be classified as “Discontinued Operations”.
  • Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society.
  • Iveco Group employs more than 36,000 people around the world and has 20 industrial sites and 29 R&D centres.

Alvotech Reports Financial Results for Full Year 2023 and Provides a Business Update

Retrieved on: 
Wednesday, March 20, 2024
Joint venture, Patient, Sale, Business analyst, CCHN, IP, Marketing, Research, Mallinckrodt, Absorption, European Economic Area, Gross metropolitan product, Webcast, Asset, Alvogen, Denosumab, Neovascularization, Biosimilar, Macular degeneration, Safety, Food, U.S. FDA, Teva Pharmaceuticals, Revenue, Q3, CES, AMD, FDA, ISK, Administration, Adalimumab, Research and development, Pharmaceutical industry

Management will conduct a business update conference all and live webcast on March 21, 2024 at 8:00 am ET (12:00 pm GMT).

Key Points: 
  • Management will conduct a business update conference all and live webcast on March 21, 2024 at 8:00 am ET (12:00 pm GMT).
  • Alvotech announced positive top-line results from a pharmacokinetic (PK) study for AVT05, a biosimilar candidate to Simponi® and Simponi Aria® (golimumab).
  • Alvotech announced positive top-line results from a PK study for AVT03, a biosimilar candidate to Prolia® and Xgeva®, which both contain denosumab.
  • Alvotech will conduct a business update conference call and live webcast on Thursday, March 21, 2024, at 8:00 am ET (12:00 pm GMT).

TeraWulf Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, March 19, 2024
Bitcoin, Financial management, Growth, HPC, Nautilus, GAAP, Revenue, Miner, Artificial intelligence, Mining, Cryptocurrency

EASTON, Md., March 19, 2024 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), which owns and operates vertically integrated, domestic bitcoin mining facilities powered by more than 95% zero-carbon energy, today announced its financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Non-GAAP adjusted EBITDA increased by $64.9 million to $30.7 million in 2023, as compared to $(34.2) million in fiscal 2022.
  • Reported cash and cash equivalents of $54.4 million as of December 31, 2023, as compared to $1.3 million at fiscal year-end 2022.
  • Net debt¹ at fiscal year-end 2023 declined 41% to $84.9 million, as compared to $144.7 million at fiscal year-end 2022.
  • As previously announced, TeraWulf will host its fourth quarter and full year 2023 earnings call and business update for investors today, Tuesday, March 19, 2024, commencing at 5:00 p.m. Eastern Time (3:00 p.m. Pacific Time).

Acqueon and Cresta Launch AI-Powered Revenue Generation and Recovery Solution

Retrieved on: 
Tuesday, March 26, 2024
Organization, Communication, Partnership, AI, B2C, Conversation, Revenue, Privacy, Sales

DALLAS, March 26, 2024 /PRNewswire-PRWeb/ -- Acqueon, a leading real-time revenue execution platform, and Cresta, a leading provider of generative AI for intelligent contact centers, today announced a partnership to help B2C enterprises better engage their customers and optimize the effectiveness of every customer interaction. The companies are releasing a unified offering that builds on Acqueon's open data platform and brings together Acqueon Campaigns and Cresta for Sales in an entirely new solution – Acqueon Guidance powered by Cresta.

Key Points: 
  • The companies are releasing a unified offering that builds on Acqueon's open data platform and brings together Acqueon Campaigns and Cresta for Sales in an entirely new solution – Acqueon Guidance powered by Cresta.
  • Acqueon and Cresta provide enterprises with AI technology that will unlock new ways to engage with consumers to dramatically improve revenue generation and revenue recovery results.
  • Acqueon and Cresta are pioneers in the Revenue Execution Platform marketspace, helping to create the category.
  • Acqueon and Cresta together can provide enterprises with AI technology that will unlock new ways to engage with consumers to dramatically improve the enterprise's revenue generation and revenue recovery results."

Acqueon and Cresta Launch AI-Powered Revenue Generation and Recovery Solution

Retrieved on: 
Tuesday, March 26, 2024
Organization, Communication, Partnership, AI, B2C, PALO, Conversation, Revenue, Privacy, Sales

DALLAS and PALO ALTO, Calif., March 26, 2024 /PRNewswire/ -- Acqueon, a leading real-time revenue execution platform, and Cresta, a leading provider of generative AI for intelligent contact centers, today announced a partnership to help B2C enterprises better engage their customers and optimize the effectiveness of every customer interaction. The companies are releasing a unified offering that builds on Acqueon's open data platform and brings together Acqueon Campaigns and Cresta for Sales in an entirely new solution – Acqueon Guidance powered by Cresta.

Key Points: 
  • The companies are releasing a unified offering that builds on Acqueon's open data platform and brings together Acqueon Campaigns and Cresta for Sales in an entirely new solution – Acqueon Guidance powered by Cresta.
  • Acqueon and Cresta are pioneers in the Revenue Execution Platform marketspace, helping to create the category.
  • This partnership will help businesses deliver meaningful revenue generation and recovery outcomes through omnichannel outbound engagement and enhanced customer service and retention.
  • Acqueon and Cresta together can provide enterprises with AI technology that will unlock new ways to engage with consumers to dramatically improve the enterprise's revenue generation and revenue recovery results."

Vital Farms Reports Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Thursday, March 7, 2024
Investment, Marketing, Farmer, Animal, Growth, Conference, IPO, Revenue, Capital expenditure, GAAP, Webcast, Capital, Environment, Video game

AUSTIN, Texas, March 07, 2024 (GLOBE NEWSWIRE) -- Vital Farms (Nasdaq: VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, today reported financial results for its fourth quarter (14 weeks) and fiscal year (53 weeks) ended December 31, 2023.

Key Points: 
  • Financial highlights for the fourth quarter ended December 31, 2023 (14 weeks) compared to the fourth quarter ended December 25, 2022 (13 weeks):
    Net Revenue increased 23.4% to $135.8 million, compared to $110.1 million.
  • For the 14 Weeks Ended December 31, 2023
    Net revenue increased 23.4% to $135.8 million in the fourth quarter of 2023, compared to $110.1 million in the fourth quarter of 2022.
  • Income from operations in the fourth quarter of 2023 was $9.1 million, compared to income from operations of $3.4 million in the fourth quarter of 2022.
  • Thilo Wrede, Vital Farms’ Chief Financial Officer, commented: “We are very pleased with the financial performance we delivered in the fourth quarter and throughout 2023, highlighted by our record net revenue and improved profitability.

Village Farms International Enthusiastically Supports Standing Committee’s Recommendations for New Cannabis Excise Duty Model

Retrieved on: 
Thursday, February 29, 2024
CRA, Collection, Committee, Commons, Federal budget, Committee on Finance, Revenue, Income tax, House, Legislation, Parliament, Cannabis Act, Cannabis

VANCOUVER, British Columbia and ORLANDO, Fla., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Village Farms International, Inc. (“Village Farms”) (NASDAQ: VFF) enthusiastically supports recommendations on changes to the current Cannabis Excise Duty model released this week by the Canadian House of Commons Standing Committee on Finance.

Key Points: 
  • VANCOUVER, British Columbia and ORLANDO, Fla., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Village Farms International, Inc. (“Village Farms”) (NASDAQ: VFF) enthusiastically supports recommendations on changes to the current Cannabis Excise Duty model released this week by the Canadian House of Commons Standing Committee on Finance.
  • Those recommendations include adjustment to the excise duty formula for cannabis so that it is limited to a 10% ad valorem (proportionate to value) rate.
  • When the Cannabis Excise Duty model was first adopted, it envisioned a retail selling price of cannabis much higher ($10-plus per gram) than is currently prevalent in today’s market, such that the $1 per gram duty would have effectively been aligned to a 10% ad valorem tax rate.
  • Related to excise duty payments, Village Farms also notes recent reports with respect to the Canadian Revenue Agency’s (CRA) collection enforcement of the growing past due excise tax balances.

Altus Group Reports Q4 and Fiscal 2023 Financial Results; Announces Quarterly Dividend Payment

Retrieved on: 
Thursday, February 22, 2024
Cloud, Intelligence, Free cash flow, Net, CRE, TSX, Analytics, Altus Group, Funding, Table, Adjustment, Earnings, Property tax, Revenue, EPS, Development, Environment, Retail

Consolidated Adjusted EBITDA* was $34.2 million, down 2.2% (3.4% on a Constant Currency basis).

Key Points: 
  • Consolidated Adjusted EBITDA* was $34.2 million, down 2.2% (3.4% on a Constant Currency basis).
  • Net cash provided by operating activities was $44.7 million, up 62.7%, and Free Cash Flow* was a record $40.1 million, up 109.3%.
  • Analytics revenues were $103.2 million, up 7.4% (6.1% on a Constant Currency basis), of which Recurring Revenue* was $93.0 million, up 8.4% (7.0% on a Constant Currency basis).
  • “2023 was a year of significant progress driving revenue, profit and free cash flow growth,” commented Jim Hannon, Chief Executive Officer of Altus Group.

Bumble Inc. Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, February 27, 2024
Technology, Other Communications, Electronic Commerce, Communications, Professional Services, Software, Internet, Social Media, Other Professional Services, Total, Investment, Share repurchase, Growth, Adjustment, Advertising, Total revenue, Income tax, GAAP, Tax, Revenue, Public expenditure, Friends, Asset, Insurance, Depreciation, Food delivery

During the fourth quarter of 2023, there was a total of $136 million in share repurchases under our previously announced $300.0 million share repurchase program.

Key Points: 
  • During the fourth quarter of 2023, there was a total of $136 million in share repurchases under our previously announced $300.0 million share repurchase program.
  • Bumble will host a live webcast of its conference call to discuss its fourth quarter and full year 2023 financial results at 4:30 p.m. Eastern Time today, February 27, 2024.
  • Beginning in the fourth quarter of 2023, paying users and revenue generated from Fruitz are included in our key operating metrics.
  • Bumble App Revenue is revenue derived from purchases or renewals of a Bumble app or Bumble For Friends app subscription plan and/or in-app purchases on Bumble app or Bumble For Friends app in the relevant period.

The US & Europe Fantasy Sports Markets Projected to Soar, Arizton Report Reveals US to Generate Revenue of $6.8 Billion and Europe to Generate Revenue of Over $2 Billion by 2028 - Arizton

Retrieved on: 
Wednesday, March 6, 2024
Virtual reality, Yahoo!, American football, Artificial intelligence, Football, Friends, Basketball, IBM, Baseball, Growth, Tennis, Sport, Fantasy sport, Revenue, FanDuel, National Football League, MLB, DraftKings, FSTA, VR, ESPN, Hockey, Augmented reality, NFL, CBS

The US holds the key to the North American region's growth in the fantasy sports business.

Key Points: 
  • The US holds the key to the North American region's growth in the fantasy sports business.
  • The Fantasy Sports & Gaming Association (FSTA) is the only association looking after the interests of fantasy sports vendors catering to the region.
  • IBM is introducing watsonx to ESPN Fantasy Football, incorporating new features such as Waiver Grades and Trade Grades.
  • Wastsonx technology will offer unique insights and tools as part of the digital experiences in the ESPN Fantasy Football app.