Revenue

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.

AUTODESK, INC. ANNOUNCES FISCAL 2024 FOURTH QUARTER AND FULL-YEAR RESULTS

Retrieved on: 
Thursday, February 29, 2024
Cloud, Spend, Acquisition, AutoCAD, Flex, Balance sheet, Autodesk Revit, USD, ASC, Intelligence, Investment, Tax, Form 10-K, Eric, Health, RPO, Collection, Cloud computing, GAAP, Assemble, Revenue, Public expenditure, Legislation, Intellectual property, Privacy, Act, Autodesk 3ds Max, Workflow, Software, Video game

SAN FRANCISCO, Feb. 29, 2024 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today reported financial results for the fourth quarter and full year of fiscal 2024.

Key Points: 
  • The first quarter and full-year fiscal 2025 outlook assume a projected annual effective tax rate of 21 percent for GAAP and 19 percent for non-GAAP results, respectively.
  • Autodesk will host its fourth quarter conference call today at 5 p.m.
  • Net revenue retention rate is calculated by dividing the current quarter Recurring Revenue related to base customers by the total corresponding quarter Recurring Revenue from one year ago.
  • For certain cloud service offerings and EBAs, subscriptions represent the monthly average activity reported within the last three months of the fiscal quarter end date.

Instructure Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, February 20, 2024
Acquisition, Forecasting, Adjustment, Ratio, Revenue, GAAP, Bookkeeping

SALT LAKE CITY, Feb. 20, 2024 /PRNewswire/ -- Instructure Holdings, Inc. (Instructure) (NYSE: INST) today announced financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Reports Record Full Year Revenues, Adjusted EBITDA, and Adjusted Unlevered Free Cash Flow
    Expands Scale and Reach of the Instructure Platform by Acquiring Parchment, the World's Leading Credentialing Platform
    SALT LAKE CITY, Feb. 20, 2024 /PRNewswire/ -- Instructure Holdings, Inc. (Instructure) (NYSE: INST) today announced financial results for the fourth quarter and full year ended December 31, 2023.
  • Instructure is unable to provide guidance or a reconciliation for forward-looking non-GAAP measures because Instructure cannot provide a meaningful or accurate calculation or estimation of certain items without unreasonable effort.
  • This is due to the inherent difficulty in forecasting and quantifying certain amounts that are necessary for such reconciliation, including stock-based compensation and amortization of acquisition-related intangibles.
  • Thus, Instructure is unable to present a quantitative reconciliation of non-GAAP guidance to GAAP guidance because such information is not available.

Stellantis Delivers Record Net Revenues, Net Profit, Industrial Free Cash Flows for Full Year 2023

Retrieved on: 
Thursday, February 15, 2024
Bev, EV, Share repurchase, BEV, Education, EST, Growth, Calendar, CERN, Peugeot, Foxconn, Data, AOI, Carbon, LFP, STLA, Cell, CATL, Revenue, Webcast, NEV, Science, Euronext Paris, LEV, Partnership

AMSTERDAM, February 15, 2024 - Stellantis N.V. today reported record full year 2023 results.

Key Points: 
  • AMSTERDAM, February 15, 2024 - Stellantis N.V. today reported record full year 2023 results.
  • Net revenues grew 6% y-o-y to €189.5 billion, Net profit rose 11% to €18.6 billion, and Industrial free cash flows increased 19% y-o-y to €12.9 billion.
  • Stellantis reduced its scope 1 and 2 absolute emissions tCO2 by 20% in 2023 vs Baseline 2021.
  • In 2023, Stellantis Ventures invested in six new startups, and Stellantis signed 49 commercial contracts with new startups.

Kratos Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, February 13, 2024
Weapon, Radar, Investment, Growth, Sale, RDT, KUS, Probability, Software, Unitary state, Research and development, Defense, KGS, S&T, Communications satellite, GAAP, STS, Pedigree, EPS, TT&C, Total, Forecasting, National security, Valkyrie, Adjustment, Capital expenditure, Public expenditure, Capital, CRA, Acquisition, Hypersonic speed, Technology company, Revenue, Consolidated, Video game

Adjusted earnings per share (EPS) was $0.12 for the fourth quarter of 2023, compared to $0.08 for the fourth quarter of 2022.

Key Points: 
  • Adjusted earnings per share (EPS) was $0.12 for the fourth quarter of 2023, compared to $0.08 for the fourth quarter of 2022.
  • Fourth quarter 2023 Revenues of $273.8 million increased $24.5 million, reflecting 9.8 percent and 7.3 percent organic growth, respectively, from fourth quarter 2022 Revenues of $249.3 million.
  • KUS’s Operating Income was $1.0 million in the fourth quarter of 2023 compared to $1.8 million in the fourth quarter of 2022.
  • KUS’s Adjusted EBITDA for the fourth quarter of 2023 was $4.0 million, compared to fourth quarter 2022 KUS Adjusted EBITDA of $4.5 million, reflecting reduced volume.

Albuquerque Regional Economic Alliance: Cinelease Picks New Mexico for Major Expansion

Retrieved on: 
Monday, February 12, 2024
Television, Partnership, City, Bill 2, Economic development, Revenue, Lighting, LEDA, Workforce, Legislature, MovieMaker, Senate, EDD, Film industry

Michelle Lujan Grisham and executives at Cinelease, Inc. and Cinelease Studios announced today that the entertainment service company has chosen its Albuquerque site for a new investment and significant expansion.

Key Points: 
  • Michelle Lujan Grisham and executives at Cinelease, Inc. and Cinelease Studios announced today that the entertainment service company has chosen its Albuquerque site for a new investment and significant expansion.
  • This collaboration underscores our commitment to fostering a dynamic film community and creating more economic opportunities for our families,” Albuquerque Mayor Tim Keller said.
  • Pending permitting approvals and incentive agreements, Cinelease in Albuquerque will invest $95 million into New Mexico, adding five soundstages and two ancillary buildings, essentially doubling its current space at 9201 Pan American Freeway NE, Albuquerque, 87113.
  • “This decision by Cinelease is a great confirmation that the Albuquerque region is indeed a premier location for continued film industry expansion,” Danielle Casey, president & CEO of the Albuquerque Regional Economic Alliance, said.

Virgin Media O2 Partners with Hiya to Roll Out Advanced Spam-Fighting Tools and Services to Consumer and Business Customers in the UK

Retrieved on: 
Monday, February 12, 2024
Security, Mobile, Wireless, Technology, Telecommunications, Artificial Intelligence, Mobile virtual network operator, Amazon, Virgin Media O2, Revenue, Human, Virgin Media, Partnership, Online shopping

In the UK alone, 28% of unknown calls were spam according to the latest Hiya study – and nearly 10% of those were fraud calls.

Key Points: 
  • In the UK alone, 28% of unknown calls were spam according to the latest Hiya study – and nearly 10% of those were fraud calls.
  • Spam and fraud-fighting tools, such as Hiya Protect , and branded calling services, such as Hiya Connect , can help carriers overcome these issues.
  • “Carriers around the world are wrestling with how to prevent phone spam and scams, and protect the reputation of business customers.
  • To learn more about Hiya Protect and how it can help protect your subscribers from spam and fraud, visit https://www.hiya.com/products/protect .

Oscar Health Announces Strong Results for Fourth Quarter and Full Year 2023; Introduces Full Year 2024 Outlook Including Total Company Adjusted EBITDA Profitability

Retrieved on: 
Wednesday, February 7, 2024
Professional Services, Health, Health Technology, Insurance, Health Insurance, Managed Care, MLR, Security (finance), Growth, Health care, Table, GAAP, Failure, Adjustment, Annual report, Care Act 2014, Ratio, Administration, Physician, Depreciation, Affordable Care Act, Webcast, Revenue, Total revenue, Hospital, Risk management

Medical loss ratio (MLR) is total medical expenses incurred less any member cost sharing as a percentage of premiums before ceded reinsurance.

Key Points: 
  • Medical loss ratio (MLR) is total medical expenses incurred less any member cost sharing as a percentage of premiums before ceded reinsurance.
  • The Selling, General, and Administrative (SG&A) Expense ratio is calculated as selling, general and administrative expenses as a percentage of Total Revenue.
  • We believe the SG&A Expense ratio is useful to evaluate our ability to manage our overall selling, general, and administrative cost base.
  • Oscar will host a conference call to discuss the financial results today, February 7, 2024, at 5:00 p.m. (ET).

MCR Names Sameer Mehra Chief Revenue Officer

Retrieved on: 
Monday, February 5, 2024
Commercial Building & Real Estate, Construction & Property, Lodging, Destinations, Travel, Vacation, Online Retail, Retail, Multimedia, Growth, Taj Hotels, HHM, EVP, MCR, University, Revenue, Management

MCR , the 3rd-largest hotel owner-operator in the United States, welcomes Sameer Mehra as Chief Revenue Officer.

Key Points: 
  • MCR , the 3rd-largest hotel owner-operator in the United States, welcomes Sameer Mehra as Chief Revenue Officer.
  • View the full release here: https://www.businesswire.com/news/home/20240205867339/en/
    Sameer Mehra has joined MCR as Chief Revenue Officer.
  • “Sam brings a wealth of experience in revenue and distribution management, e-commerce, strategic partnerships and sales leadership,” says Tyler Morse, Chairman and CEO of MCR.
  • Most recently, Sam served as the Chief Revenue Officer for Hersha Hospitality Management (HHM).

Reside Appoints Carrie Hartman President of 3Sixty - The Premiere Global Marketplace for Alternative Accommodations

Retrieved on: 
Monday, February 5, 2024
Multimedia, Marketing, Travel, History, Housing, CPHA, CRS, Safety, APEX, Customer success, City, CRM, Innovation, Revenue

SEATTLE, Feb. 5, 2024 /PRNewswire-PRWeb/ -- Reside, a worldwide accommodations leader, today announced the appointment of Carrie Hartman to President of 3Sixty, the Company's award-winning technology brand 3Sixty, with operations in over 20,000 cities and 60 countries. Offering access to over one million fully vetted apartments and other options to global travelers and trusted by many of the world's largest and most respected companies, 3Sixty has experienced exponential growth under Hartman's prior leadership, and this announcement recognizes her achievements not only with the Brand but also more broadly as a visionary voice in the marketplace.

Key Points: 
  • Today, Reside, a worldwide accommodations leader, announced the appointment of Carrie Hartman to President of 3Sixty, the Company's award-winning technology brand 3Sixty, with operations in over 20,000 cities and 60 countries.
  • SEATTLE, Feb. 5, 2024 /PRNewswire-PRWeb/ -- Reside, a worldwide accommodations leader, today announced the appointment of Carrie Hartman to President of 3Sixty, the Company's award-winning technology brand 3Sixty , with operations in over 20,000 cities and 60 countries.
  • "We are thrilled to announce the promotion of Carrie to this mission-critical role at 3Sixty," said Lee Curtis, CEO of Reside.
  • Headquartered in Seattle, WA, Reside is the leading provider of professionally operated and managed global alternative accommodations with a portfolio of premier hospitality and technology brands, including 3Sixty.