SG

AITX’s Subsidiary Robotic Assistance Devices Poised to Add Over $100K in Recurring Monthly Revenue

Retrieved on: 
星期四, 十一月 9, 2023

Revenue numbers will be further increased by one-time installation and training fees, as well as ongoing monthly monitoring pass-through charges.

Key Points: 
  • Revenue numbers will be further increased by one-time installation and training fees, as well as ongoing monthly monitoring pass-through charges.
  • The Company earns a percentage of remote monitoring pass-through revenue, and the actual monitoring work is done by a contracted third party.
  • AITX, through its subsidiary, Robotic Assistance Devices , Inc. (RAD), is redefining the $25 billion (US) security and guarding services industry through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model.
  • RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream.

Optinose Reports Third Quarter 2023 Financial Results and Operational Updates

Retrieved on: 
星期四, 十一月 9, 2023

YARDLEY, Pa., Nov. 09, 2023 (GLOBE NEWSWIRE) --  Optinose (NASDAQ:OPTN), a pharmaceutical company focused on patients treated by ear, nose and throat (ENT) and allergy specialists, today reported financial results for the quarter ended September 30, 2023, and provided operational updates.

Key Points: 
  • We are pleased with the progress we made in the third quarter towards our 2023 operating objectives while sharply reducing expenses.
  • Today’s results show that we are outperforming our initial expectations for 2023 XHANCE net revenues while operating far more efficiently and preparing our organization for a successful launch in 2024.
  • Previously, the Company expected XHANCE net revenues for the full year of 2023 to be between $64.0 to $70.0 million.
  • Members of the Company’s leadership team will host a conference call and presentation to discuss financial results and corporate updates beginning at 8:00 a.m. Eastern Time today.

X4 Pharmaceuticals Reports Third-Quarter 2023 Financial Results and Provides Corporate Updates

Retrieved on: 
星期四, 十一月 9, 2023

BOSTON, Nov. 09, 2023 (GLOBE NEWSWIRE) -- X4 Pharmaceuticals (Nasdaq: XFOR), a company driven to improve the lives of people with rare diseases of the immune system, today reported financial results for the third quarter ended September 30, 2023 and highlighted key recent and upcoming expected milestones.

Key Points: 
  • ET
    BOSTON, Nov. 09, 2023 (GLOBE NEWSWIRE) -- X4 Pharmaceuticals (Nasdaq: XFOR), a company driven to improve the lives of people with rare diseases of the immune system, today reported financial results for the third quarter ended September 30, 2023 and highlighted key recent and upcoming expected milestones.
  • The FDA has notified X4 that it does not currently plan to hold an advisory committee meeting to review the filing.
  • Cash, Cash Equivalents, Restricted Cash, and Short-Term Marketable Securities: X4 had $142.7 million in cash, cash equivalents, restricted cash, and marketable securities as of September 30, 2023.
  • The live webcast will be accessible through the investor relations section of X4 Pharmaceuticals’ website at www.x4pharma.com .

Fossil Group, Inc. Reports Third Quarter 2023 Financial Results

Retrieved on: 
星期三, 十一月 8, 2023

RICHARDSON, Texas, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the fiscal third quarter ended September 30, 2023.

Key Points: 
  • RICHARDSON, Texas, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the fiscal third quarter ended September 30, 2023.
  • As a percentage of net sales, operating expenses were 60.5% in the third quarter of 2023 compared to 45.2% in the prior year third quarter.
  • Operating margin was (13.5)% in the third quarter of 2023 compared to 5.2% in the prior year third quarter.
  • Adjusted operating margin was (9.0)% in the third quarter of 2023 compared to 5.3% in the prior year third quarter.

Allbirds Reports Third Quarter 2023 Financial Results

Retrieved on: 
星期三, 十一月 8, 2023

SAN FRANCISCO, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with naturally derived materials to make better footwear and apparel products in a better way, today reported financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Achieves Q3 2023 Guidance Targets; Delivers Continued Progress Under the Company’s Strategic Transformation Plan
    SAN FRANCISCO, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with naturally derived materials to make better footwear and apparel products in a better way, today reported financial results for the third quarter ended September 30, 2023.
  • “Our third quarter results reflect another quarter of solid execution under our Strategic Transformation Plan,” said Joey Zwillinger, Co-Founder and CEO.
  • We have provided a reconciliation of GAAP to non-GAAP financial measures in the section titled “Reconciliation of GAAP to Non-GAAP Financial Measures” for our third quarter 2023 and 2022 results included in this press release.
  • Allbirds will host a conference call to discuss the results, followed by Q&A, at 5:00 p.m. Eastern Time today, November 8, 2023.

TuSimple Announces Third Quarter 2023 Results

Retrieved on: 
星期四, 十一月 9, 2023

SAN DIEGO, Nov. 9, 2023 /PRNewswire/ -- TuSimple (Nasdaq: TSP) today reported results for the third quarter of 2023. TuSimple's quarterly financial results are available in the company's quarterly report on Form 10-Q filed with the Securities and Exchange Commission and on the company's investor relations website. For additional information and to view the company's latest investor presentation, please visit ir.tusimple.com.

Key Points: 
  • For the nine months ended September 30, 2023 ("YTD Q3 2023"), gross loss was $0.5 million, down 94% versus the nine months ended September 30, 2022 ("YTD Q3 2022").
  • During the fourth quarter of 2022 and first half of 2023 ("H1 2023"), TuSimple announced multiple restructuring plans to improve its cost structure, which included a reduction of the company's global workforce and asset impairments.
  • While a majority of the plans' aggregate restructuring charges were recorded in the fourth quarter 2022, a significant portion of these restructuring plans were carried out in H1 2023.
  • Q3 2023 R&D expense was $44.3 million, down 24% sequentially, primarily attributable to decreased employee compensation costs and R&D fleet operating costs as a result of the H1 2023 restructuring plans and restructuring charges recorded in Q2 2023.

S&W Announces First Quarter Fiscal 2024 Financial Results

Retrieved on: 
星期四, 十一月 9, 2023

Revenue for the first quarter of fiscal 2024 was $16.4 million, a 17.3% decrease compared to the first quarter of fiscal 2023.

Key Points: 
  • Revenue for the first quarter of fiscal 2024 was $16.4 million, a 17.3% decrease compared to the first quarter of fiscal 2023.
  • Double TeamTM sorghum revenue was $0.5 million in the first quarter of fiscal 2024 compared to $0.0 million in the first quarter of fiscal 2023.
  • GAAP gross profit margin for the first quarter of fiscal 2024 was 30.5%, an improvement from 22.7% in the first quarter of fiscal 2023.
  • Operating expenses were $7.9 million for the first quarter of fiscal 2024, which is consistent with operating expenses for the first quarter of fiscal 2023.

Superior Drilling Products Reports Third Quarter 2023 Results

Retrieved on: 
星期四, 十一月 9, 2023

During the third quarter of 2023, the Company received $199 thousand from a non-management shareholder due to short-swing SEC profit rules.

Key Points: 
  • During the third quarter of 2023, the Company received $199 thousand from a non-management shareholder due to short-swing SEC profit rules.
  • Partially offsetting those gains was a $43 thousand expense due to an early redemption fee as part of the Company’s debt refinancing during the quarter.
  • Reaffirmed 2023 guidance (As of November 9, 2023)
    1See “Forward Looking Non-GAAP Financial Measures” below for additional information about this non-GAAP measure.
  • Contract Services revenue is comprised of repair and manufacturing services for drill bits and other tools or products for customers.

YETI Reports Third Quarter 2023 Results

Retrieved on: 
星期四, 十一月 9, 2023

YETI Holdings, Inc. (“YETI”) (NYSE: YETI) today announced its financial results for the third quarter ended September 30, 2023.

Key Points: 
  • YETI Holdings, Inc. (“YETI”) (NYSE: YETI) today announced its financial results for the third quarter ended September 30, 2023.
  • Sales and adjusted sales for the third quarter of 2023 include $6.3 million of sales related to gift card redemptions in connection with recall remedies.
  • Our 2023 results have been materially adversely impacted by the stop sale of the soft coolers included in the recalls initiated during the first quarter of 2023.
  • A conference call to discuss the third quarter of 2023 financial results is scheduled for today, November 9, 2023, at 8:00 a.m. Eastern Time.

RBC Bearings Incorporated Announces Fiscal 2024 Second Quarter Results

Retrieved on: 
星期四, 十一月 9, 2023

As we look toward the second half of fiscal 2024, we remain confident that we are on track to deliver record performance.”

Key Points: 
  • As we look toward the second half of fiscal 2024, we remain confident that we are on track to deliver record performance.”
    Net sales for the second quarter of fiscal 2024 were $385.6 million, an increase of 4.4% from $369.2 million in the second quarter of fiscal 2023.
  • Other operating expenses for the second quarter of fiscal 2024 totaled $18.0 million compared to $21.6 million for the same period last year.
  • Operating income for the second quarter of fiscal 2024 was $87.8 million compared to $72.0 million for the same period last year.
  • Excluding approximately $0.6 million of restructuring costs, adjusted operating income for the second quarter of fiscal 2024 was $88.4 million; excluding approximately $4.0 million of acquisition-related costs, adjusted operating income for the second quarter of fiscal 2023 was $76.0 million.