Marex (British company)

Hudson Global Reports 2023 Third Quarter Results

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星期四, 十一月 9, 2023

OLD GREENWICH, Conn., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Hudson Global, Inc. (Nasdaq: HSON) ("Hudson Global" or "the Company"), a leading global total talent solutions company, announced today financial results for the third quarter ended September 30, 2023.

Key Points: 
  • OLD GREENWICH, Conn., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Hudson Global, Inc. (Nasdaq: HSON) ("Hudson Global" or "the Company"), a leading global total talent solutions company, announced today financial results for the third quarter ended September 30, 2023.
  • “In the third quarter of 2023, a market-driven slowdown in hiring activity led to disappointing declines in revenue, adjusted net revenue, and adjusted EBITDA versus the prior year quarter," said Jeff Eberwein, Chief Executive Officer of Hudson Global.
  • Adjusted EBITDA was $0.2 million in the third quarter of 2023 compared to adjusted EBITDA of $0.4 million in the third quarter of 2022.
  • In the third quarter of 2023, the Company's corporate costs were $0.8 million, compared to $1.0 million in the prior year quarter.

Full Truck Alliance Co. Ltd. Announces Third Quarter 2023 Unaudited Financial Results

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星期一, 十一月 20, 2023

GUIYANG, China, Nov. 20, 2023 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE: YMM), a leading digital freight platform, today announced its unaudited financial results for the third quarter ended September 30, 2023.

Key Points: 
  • GUIYANG, China, Nov. 20, 2023 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE: YMM), a leading digital freight platform, today announced its unaudited financial results for the third quarter ended September 30, 2023.
  • Fulfilled orders[2] in the third quarter of 2023 reached 42.5 million, an increase of 27.0% from 33.5 million in the same period of 2022.
  • See "Use of Non-GAAP Financial Measures" and "Reconciliations of GAAP and Non-GAAP Results" at the end of this press release.
  • The Company's management will hold an earnings conference call at 7:00 A.M. U.S. Eastern Time on November 20, 2023, or 8:00 P.M. Beijing Time to discuss its financial results and operating performance for the third quarter of 2023.

WELL Health Reports Record Results for Q3-2023, Raises Guidance for Balance of 2023 and Provides Guidance of Over $900 Million in Revenue for 2024

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星期二, 十一月 14, 2023

WELL is upgrading its guidance with the expectation that 2023 revenue will be between $755 million to $765 million reflecting improved organic growth expectations for the balance of the year.

Key Points: 
  • WELL is upgrading its guidance with the expectation that 2023 revenue will be between $755 million to $765 million reflecting improved organic growth expectations for the balance of the year.
  • We are ahead of our plan for reaching one billion in revenue and feel confident in introducing our guidance for 2024 of achieving over $900 million in annual revenue driven by organic growth.
  • Third Quarter 2023 Financial Highlights:
    WELL achieved record quarterly revenue of $204.5 million in Q3-2023, an increase of 40.2% as compared to revenue of $145.8 million generated in Q3-2022.
  • SaaS and Technology Services revenue was $15.9 million in Q3-2023, an increase of 10.3% as compared to $14.5 million in Q3-2022.

KORE Reports Third Quarter 2023 Results: Announces Successful Refinancing and Preferred Stock Issuance Transactions

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星期四, 十一月 9, 2023

KORE announced a definitive agreement to refinance its approximately $300 million term loan, resulting in substantially lower first lien leverage.

Key Points: 
  • KORE announced a definitive agreement to refinance its approximately $300 million term loan, resulting in substantially lower first lien leverage.
  • Whitehorse Capital will also make available to the Company a $25 million revolving credit facility, which will be undrawn at closing.
  • This investment, in the form of a preferred stock issuance having a ten-year maturity and a 13% per annum dividend rate with a payment-in-kind (PIK) feature, will allow for greater cash flow flexibility.
  • KORE added over 300,000 connections in the third quarter, bringing Total Connections to almost 18.9 million as of September 30, 2023.

Cadre Holdings Reports Third Quarter 2023 Financial Results

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星期三, 十一月 8, 2023

For the quarter ended September 30, 2023, Cadre generated gross profit of $53.6 million, as compared to $43.7 million for the quarter ended September 30, 2022.

Key Points: 
  • For the quarter ended September 30, 2023, Cadre generated gross profit of $53.6 million, as compared to $43.7 million for the quarter ended September 30, 2022.
  • Gross profit margin was 42.9% for the quarter ended September 30, 2023, as compared to 39.2% for the quarter ended September 30, 2022.
  • Cadre generated $23.7 million of Adjusted EBITDA for the quarter ended September 30, 2023, as compared to $20.7 million for the quarter ended September 30, 2022.
  • Cadre management will host a conference call on Wednesday, November 8, 2023, at 5:00 PM EST to discuss the latest corporate developments and financial results.

Verano Announces Third Quarter 2023 Financial Results

Retrieved on: 
星期三, 十一月 8, 2023

CHICAGO, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (NEO: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced its financial results for the third quarter ended September 30, 2023, which were prepared in accordance with U.S. Generally Accepted Accounting Principles (“U.S. GAAP”).

Key Points: 
  • Revenue for the third quarter 2023 was $240 million, up 5% from $228 million for the third quarter 2022, and up 3% from $234 million for the second quarter 2023.
  • Gross profit for the third quarter 2023 was $133 million or 55% of revenue, up from $123 million or 54% of revenue for the third quarter 2022, and up from $115 million or 49% of revenue for the second quarter 2023.
  • SG&A expense for the third quarter 2023 was $86 million or 36% of revenue, flat with $86 million or 38% of revenue for the third quarter 2022, and up from $85 million or 36% of revenue for the second quarter 2023.
  • Net loss for the third quarter 2023 was $(18) million, versus a loss of $(43) million in the third quarter 2022, and $(13) million for the second quarter 2023.

Science 37 Reports Third Quarter 2023 Financial Results

Retrieved on: 
星期二, 十一月 7, 2023

RESEARCH TRIANGLE PARK, N.C., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Science 37 Holdings, Inc. (Nasdaq: SNCE), (“Science 37”), the industry-leading Metasite™, today reported its financial results for the quarter ended September 30, 2023.

Key Points: 
  • RESEARCH TRIANGLE PARK, N.C., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Science 37 Holdings, Inc. (Nasdaq: SNCE), (“Science 37”), the industry-leading Metasite™, today reported its financial results for the quarter ended September 30, 2023.
  • Backlog was $163.1 million for the quarter ended September 30, 2023, compared to $170.4 million for the same period in 2022.
  • Science 37 anticipates cash burn in the fourth quarter of 2023 to be less than $6.4 million, and expects to exit 2023 with more than $50.0 million of cash on hand.
  • Science 37 will host a conference call on November 7, 2023, at 8:30 a.m. Eastern Time to discuss its third quarter 2023 financial results.

AMC Networks Inc. Reports Third Quarter 2023 Results

Retrieved on: 
星期五, 十一月 3, 2023

As compared to 2Q'23 subscribers of 11.0 million, third quarter subscribers sequentially increased 1%.

Key Points: 
  • As compared to 2Q'23 subscribers of 11.0 million, third quarter subscribers sequentially increased 1%.
  • AMC Networks has instructed U.S. Bank National Association, as the trustee for the Notes (the “Trustee”), to distribute a notice of redemption to all registered holders of the Notes on November 3, 2023.
  • During the quarter ended September 30, 2023, the Company did not repurchase any shares.
  • As of September 30, 2023, the Company had $135 million of authorization remaining for repurchase under the Stock Repurchase Program.

NanoString Technologies Releases Operating Results for Third Quarter of 2023

Retrieved on: 
星期一, 十一月 6, 2023

NanoString Technologies, Inc. (NASDAQ:NSTG), a leading provider of life science tools for discovery and translational research, today reported financial results for the third quarter ended September 30, 2023.

Key Points: 
  • NanoString Technologies, Inc. (NASDAQ:NSTG), a leading provider of life science tools for discovery and translational research, today reported financial results for the third quarter ended September 30, 2023.
  • “The last few months have been extraordinarily productive for our team.
  • During the third quarter, we delivered record revenue while reducing our cash burn by nearly 50% sequentially,” said Brad Gray, President and CEO of NanoString.
  • These adjusted financial measures are calculated excluding certain items that may make it more challenging to compare our GAAP operating results across periods.

Stevanato Group Reports Third Quarter 2023 Financial Results

Retrieved on: 
星期二, 十月 31, 2023

Stevanato Group S.p.A. (NYSE: STVN), a leading global provider of drug containment, drug delivery, and diagnostic solutions to the pharmaceutical, biotechnology, and life sciences industries, today announced its financial results for the third quarter of 2023.

Key Points: 
  • Stevanato Group S.p.A. (NYSE: STVN), a leading global provider of drug containment, drug delivery, and diagnostic solutions to the pharmaceutical, biotechnology, and life sciences industries, today announced its financial results for the third quarter of 2023.
  • Adjusted EBITDA margin increased 70 basis points to 27.5% in the third quarter of 2023, compared with the third quarter of 2022.
  • This led to gross profit margin of 32.7% and operating profit margin of 21.2% for the third quarter of 2023.
  • The Company will host a conference call and webcast at 8:30 a.m. (ET) on Tuesday, October 31, 2023 to discuss financial results.