Depreciation

DallasNews Corporation Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
星期三, 三月 6, 2024

In the fourth quarter, we executed a successful voluntary severance offering which was a necessary step to improve our operating margins entering 2024.”

Key Points: 
  • In the fourth quarter, we executed a successful voluntary severance offering which was a necessary step to improve our operating margins entering 2024.”
    Total revenue was $34.0 million in the fourth quarter of 2023, a decrease of $5.1 million or 13.1 percent when compared to the fourth quarter of 2022.
  • Circulation revenue was $17.1 million in the fourth quarter of 2023, an increase of $0.5 million or 3.2 percent when compared to the fourth quarter of 2022.
  • Total consolidated operating expense in the fourth quarter of 2023, on a GAAP basis, was $36.5 million, an improvement of $4.6 million or 11.2 percent when compared to the fourth quarter of 2022.
  • DallasNews Corporation will conduct a conference call on Thursday, March 7, 2024, at 9:00 a.m. CST to discuss financial results.

AirBoss Reports 4th Quarter and Full Year 2023 Results

Retrieved on: 
星期四, 三月 7, 2024

For the quarter and 2023, volume was down 17.5% with decreases across the majority of sectors given softness in many customer sectors.

Key Points: 
  • For the quarter and 2023, volume was down 17.5% with decreases across the majority of sectors given softness in many customer sectors.
  • Tolling volume was down 63.0% in the quarter and 59.6% in 2023, from the comparable periods in 2022.
  • Non-tolling volume was down 9.9% for the quarter and by 7.4% in 2023, compared to the same periods in 2022.
  • AirBoss now reports results under two segments: (1) AirBoss Rubber Solutions (“ARS”), and (2) AirBoss Manufactured Products (“AMP”).

Zymeworks Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
星期三, 三月 6, 2024

Financial Results for the Year Ended December 31, 2023

Key Points: 
  • Financial Results for the Year Ended December 31, 2023
    Revenue was $76.0 million in 2023 compared to $412.5 million in 2022.
  • Higher interest income in 2023 was due to income earned on higher cash resources and at higher rates of return in 2023.
  • “We are happy to report a continued reduction of our operating cash burn and operating losses during 2023 compared to 2022,” said Chris Astle, Ph.D., Senior Vice President and Chief Financial Officer of Zymeworks.
  • Reconciliations between historical GAAP and non-GAAP information are contained at the end of this press release following the accompanying financial data.

Whitestone REIT Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
星期三, 三月 6, 2024

(2) Excludes straight-line rent, amortization of above/below market rates and lease termination fees for both periods.

Key Points: 
  • (2) Excludes straight-line rent, amortization of above/below market rates and lease termination fees for both periods.
  • (3) Fourth quarter annualized EBITDAre.
  • As of December 31, 2023, Whitestone wholly owned 55 Community-Centered Properties™ with approximately 5.0 million square feet of gross leasable area (“GLA”).
  • A replay of the call will be available on Whitestone’s website via the webcast link until the Company’s next earnings release.

Descartes Announces Fiscal 2024 Fourth Quarter and Annual Financial Results

Retrieved on: 
星期三, 三月 6, 2024

WATERLOO, Ontario and ATLANTA, March 06, 2024 (GLOBE NEWSWIRE) -- The Descartes Systems Group Inc. (TSX:DSG) (Nasdaq:DSGX) announced its financial results for its fiscal 2024 fourth quarter (Q4FY24) and year (FY24) ended January 31, 2024. All financial results referenced are in United States (US) currency and, unless otherwise indicated, are determined in accordance with US Generally Accepted Accounting Principles (GAAP).

Key Points: 
  • WATERLOO, Ontario and ATLANTA, March 06, 2024 (GLOBE NEWSWIRE) -- The Descartes Systems Group Inc. (TSX:DSG) (Nasdaq:DSGX) announced its financial results for its fiscal 2024 fourth quarter (Q4FY24) and year (FY24) ended January 31, 2024.
  • All financial results referenced are in United States (US) currency and, unless otherwise indicated, are determined in accordance with US Generally Accepted Accounting Principles (GAAP).
  • Adjusted EBITDA and Adjusted EBITDA as a percentage of revenues are non-GAAP financial measures provided as a complement to financial results presented in accordance with GAAP.
  • These items are considered by management to be outside Descartes' ongoing operational results.

OrthoPediatrics Corp. Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
星期三, 三月 6, 2024

Total revenue for the fourth quarter of 2023 was $37.6 million, a 21% increase compared to $31.0 million for the same period last year.

Key Points: 
  • Total revenue for the fourth quarter of 2023 was $37.6 million, a 21% increase compared to $31.0 million for the same period last year.
  • The increase in revenue in the fourth quarter of 2023 was driven primarily by growth across Trauma and Deformity, Scoliosis, and OPSB.
  • In the fourth quarter of 2023, we realized an immaterial fair value adjustment benefit compared to a $0.5 million benefit for the fourth quarter of 2022.
  • Adjusted EBITDA for the fourth quarter of 2023 was $1.3 million as compared to a loss of $2.2 million for the fourth quarter of 2022.

KRONOS WORLDWIDE, INC. REPORTS FOURTH QUARTER 2023 RESULTS

Retrieved on: 
星期三, 三月 6, 2024

Net sales of $400.1 million in the fourth quarter of 2023 were $57.7 million, or 17%, higher than in the fourth quarter of 2022.

Key Points: 
  • Net sales of $400.1 million in the fourth quarter of 2023 were $57.7 million, or 17%, higher than in the fourth quarter of 2022.
  • TiO2 sales volumes were 29% higher in the fourth quarter of 2023 as compared to the fourth quarter of 2022 and 13% lower in the full year of 2023 as compared to the full year of 2022.
  • Average TiO2 selling prices were 11% lower in the fourth quarter of 2023 as compared to the fourth quarter of 2022 and 4% lower in the full year of 2023 as compared to the full year of 2022.
  • TiO2 production volumes were 15% higher in the fourth quarter of 2023 compared to the fourth quarter of 2022 but 19% lower in the full year of 2023 compared to the full year of 2022.

GEN Restaurant Group, Inc. Announces Fourth Quarter 2023 Financial Results

Retrieved on: 
星期三, 三月 6, 2024

CERRITOS, Calif., March 06, 2024 (GLOBE NEWSWIRE) -- GEN Restaurant Group, Inc. (“GEN” or the “Company”), owner of GEN Korean BBQ, a fast-growing cook-it-yourself casual dining concept, today announced financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • CERRITOS, Calif., March 06, 2024 (GLOBE NEWSWIRE) -- GEN Restaurant Group, Inc. (“GEN” or the “Company”), owner of GEN Korean BBQ, a fast-growing cook-it-yourself casual dining concept, today announced financial results for the fourth quarter and year ended December 31, 2023.
  • Revenue was $45.1 million in the fourth quarter of 2023 compared to $40.8 million in the fourth quarter of 2022.
  • Comparable restaurant sales decreased 1.7% in the fourth quarter of 2023 compared to the same period last year.
  • Restaurant pre-opening expenses increased to $1.6 million for the fourth quarter of 2023 from $0.5 million in the fourth quarter of 2022 due to the timing of new store openings.

Abercrombie & Fitch Co. Reports Fourth Quarter and Full Year Results

Retrieved on: 
星期三, 三月 6, 2024

(6) Abercrombie brands includes Abercrombie & Fitch and abercrombie kids.

Key Points: 
  • (6) Abercrombie brands includes Abercrombie & Fitch and abercrombie kids.
  • A presentation of fourth quarter and full year results will be available in the “Investors” section at corporate.abercrombie.com at approximately 7:30 AM ET, today.
  • Net income and net income per share financial measures included herein are attributable to Abercrombie & Fitch Co., excluding net income attributable to noncontrolling interests.
  • As used in this document, unless otherwise defined "Hollister brands" refers to Hollister and Gilly Hicks and "Abercrombie brands" refers to Abercrombie & Fitch and abercrombie kids.

Sotherly Hotels Inc. Reports Financial Results for the Fourth Quarter Ended December 31, 2023

Retrieved on: 
星期三, 三月 6, 2024

Total revenue was approximately $42.1 million and $41.3 million, for the three month periods ended December 31, 2023 and 2022, respectively.

Key Points: 
  • Total revenue was approximately $42.1 million and $41.3 million, for the three month periods ended December 31, 2023 and 2022, respectively.
  • For the twelve-month period ending December 31, 2023, total revenue increased to approximately $173.8 million, from approximately $166.1 million during the comparable period in 2022.
  • Hotel EBITDA decreased to approximately $10.3 million for the three months ended December 31, 2023, from approximately $11.9 million during the comparable period in 2022.
  • Dave Folsom, President and Chief Executive Officer of Sotherly Hotels Inc., commented, "In the fourth quarter, we continued to see improvements in overall hotel performance metrics.