Revenue

Vital Farms Reports Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
星期四, 三月 7, 2024

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

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星期四, 二月 29, 2024

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: 
星期四, 二月 22, 2024

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: 
星期二, 二月 27, 2024

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: 
星期三, 三月 6, 2024

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.

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: 
星期三, 三月 6, 2024

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: 
星期四, 二月 29, 2024

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: 
星期二, 二月 20, 2024

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: 
星期四, 二月 15, 2024

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: 
星期二, 二月 13, 2024

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.