TTM | Jotup

TTM Technologies, Inc. Appoints Wajid Ali to Board of Directors

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星期四, 五月 9, 2024

AMD, TTM, Business administration, Aerospace, Information technology, Retirement, Wajid, CPA, Controller, Senior, Audit committee, Defense, Chartered, RF, York University, Synaptics, CMA, Management

Mr. Ali succeeds outgoing Class I director Dr. Dov S. Zakheim, who retired on May 8, 2024, pursuant to the TTM Corporate Governance Guidelines that prescribes a mandatory retirement for directors at the age of 75.

Key Points:

Mr. Ali succeeds outgoing Class I director Dr. Dov S. Zakheim, who retired on May 8, 2024, pursuant to the TTM Corporate Governance Guidelines that prescribes a mandatory retirement for directors at the age of 75.
Mr. Ali is a seasoned public company executive with over 20 years of experience in the technology industry.
Mr. Ali is expected to serve on the Audit Committee of the Board.
Mr. Ali also held key financial management positions at AMD and ATI, overseeing the finance functions for large business groups.

Cerence Announces Second Quarter Fiscal Year 2024 Results

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星期四, 五月 9, 2024

BURLINGTON, Mass., May 09, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today reported its second quarter fiscal year 2024 results for the quarter ended March 31, 2024.

Key Points:

Based on IHS Markit data, global auto production increased 8% over the same time period ended on March 31, 2024.
For the fiscal quarter ending June 30, 2024, revenue is expected to be in the range of $66 million to $72 million.
KPIs should not be considered superior to, or a substitute for, operating results prepared in accordance with GAAP.
Change in number of Cerence connected cars shipped: The year-over-year change in the number of cars shipped with Cerence connected solutions.

GoHealth Reports First Quarter 2024 Results

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星期四, 五月 9, 2024

CFO, CMS, TTM, GoHealth, Marketing, Encompass, Medicare, Adjustment, GAAP, Health insurance

CHICAGO, May 09, 2024 (GLOBE NEWSWIRE) -- GoHealth, Inc. (NASDAQ: GOCO) (“GoHealth” or the “Company”), a leading health insurance marketplace and Medicare-focused digital health company, today announced financial results for the three months ended March 31, 2024.

Key Points:

CHICAGO, May 09, 2024 (GLOBE NEWSWIRE) -- GoHealth, Inc. (NASDAQ: GOCO) (“GoHealth” or the “Company”), a leading health insurance marketplace and Medicare-focused digital health company, today announced financial results for the three months ended March 31, 2024.
First quarter 2024 net revenues of $185.6 million, a slight increase compared to $183.2 million in the prior year period.
First quarter 2024 net loss of $21.3 million, an improvement of $1.2 million compared to $22.5 million in the prior year period.
First quarter 2024 Adjusted EBITDA(1) of $26.9 million, a decrease of $1.9 million compared to $28.8 million in the prior year period.

Supremex Announces Results for the First Quarter of 2024

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星期三, 五月 8, 2024

Corporation, Table, Packaging and labeling, TTM, Depreciation, Social Democrats (Slovenia), Conference, Conference call, Income Tax Act, Legislation, Acquisition, Ratio, Eastern Time Zone, Adjustment, Envelope, Absorption

“The first quarter of 2023 was a record revenue and adjusted EBITDA quarter for Supremex.

Key Points:

“The first quarter of 2023 was a record revenue and adjusted EBITDA quarter for Supremex.
We are encouraged with our first quarter performance, highlighted by sequential increases in adjusted EBITDA and net earnings from the fourth quarter of 2023,” said Stewart Emerson, President and CEO of Supremex.
The Envelope segment represented 72.9% of the Company’s revenue in the quarter, unchanged from the equivalent period of last year.
May 9, 2024 – First Quarter Results Conference Call:
A conference call to discuss the Company’s results for the first quarter ended March 31, 2024, will be held Thursday, May 9, 2024, at 8:30 a.m. (Eastern Time).

AirBoss Reports 1st Quarter 2024 Results

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星期三, 五月 8, 2024

Consolidated net sales in Q1 2024 decreased by 11.6% to $103,490 compared with the first quarter of 2023 ("Q1 2023").

Key Points:

Consolidated net sales in Q1 2024 decreased by 11.6% to $103,490 compared with the first quarter of 2023 ("Q1 2023").
The decrease was primarily attributable to lower sales at both AirBoss Rubber Solutions ("ARS") and AirBoss Manufactured Products ("AMP").
AirBoss now reports results under two segments: (1) AirBoss Rubber Solutions, and (2) AirBoss Manufactured Products.
In addition to the formal shareholders' meeting, management will provide a webcast presentation including a discussion of Q1 2024 results.

The RealReal Announces First Quarter 2024 Results

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星期二, 五月 7, 2024

The RealReal, Adjustment, AOV, GMV, TTM, GAAP, SAN, Total revenue, Pharmaceutical industry

SAN FRANCISCO, May 07, 2024 (GLOBE NEWSWIRE) -- The RealReal (Nasdaq: REAL)—the world’s largest online marketplace for authenticated, resale luxury goods—today reported financial results for its first quarter ended March 31, 2024. The company returned to overall top-line growth with gross merchandise value (GMV) increasing 2% compared the prior year period. Additionally, consignment revenue increased 13% compared to the same period in 2023.

Key Points:

Q1 2024 Adjusted EBITDA Loss of $2.3 million,
SAN FRANCISCO, May 07, 2024 (GLOBE NEWSWIRE) -- The RealReal (Nasdaq: REAL)—the world’s largest online marketplace for authenticated, resale luxury goods—today reported financial results for its first quarter ended March 31, 2024.
“We continue to focus on the core consignment business and driving efficiencies to deliver results.
In the first quarter of 2024 we grew profitable consignment supply, which resulted in a return to overall top-line growth and an all-time high gross margin rate,” said John Koryl, Chief Executive Officer of The RealReal.
Today, we provided second quarter 2024 guidance and raised the mid-point of our full year financial outlook for Adjusted EBITDA.

Sales and Profitability Growth Drive Continuing Momentum in L.B. Foster First Quarter 2024 Results; Company Reaffirms 2024 Guidance

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星期二, 五月 7, 2024

Sale, TTM, Share repurchase, Acquisition, Rail, Infrastructure, Union Pacific Railroad, GAAP, Growth

Net debt at quarter end included the impact of $3.5 million in net proceeds received for a non-core property sale completed during the quarter.

Key Points:

Net debt at quarter end included the impact of $3.5 million in net proceeds received for a non-core property sale completed during the quarter.
Foster Company (Nasdaq: FSTR), a global technology solutions provider of products and services for the rail and infrastructure markets (the "Company"), today reported its 2024 first quarter operating results.
Improved sales and profitability across our Steel Products businesses helped to offset the weaker Precast results within Infrastructure in the quarter.
As expected, net debt increased $22.2 million during the quarter primarily due to increased working capital to support sales growth.

Novelis Reports Fourth Quarter and Full Fiscal Year 2024 Results

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星期一, 五月 6, 2024

CFO, Investment, TTM, Novelis, IST, Yoy, Employment, Public expenditure, Debt, Tax, Aluminium, Adjustment, Recycling, Telephone

Net sales decreased 7% versus the prior year period to $4.1 billion for the fourth quarter of fiscal year 2024, driven by lower average aluminum prices, partially offset by higher total shipments.

Key Points:

Net sales decreased 7% versus the prior year period to $4.1 billion for the fourth quarter of fiscal year 2024, driven by lower average aluminum prices, partially offset by higher total shipments.
Adjusted EBITDA increased 28% versus the prior year to $514 million in the fourth quarter of fiscal year 2024.
With customer inventory reductions complete, beverage packaging shipments increased sequentially each quarter of fiscal 2024 and demand continues to strengthen.
Novelis will discuss its fourth quarter and full fiscal year 2024 results via a live webcast and conference call for investors at 7:00 a.m. EDT/4:30 p.m. IST on Monday, May 6, 2024.

ICF Reports First Quarter 2024 Results

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星期四, 五月 2, 2024

RESTON, Va., May 2, 2024 /PRNewswire/ -- ICF (NASDAQ: ICFI), a global consulting and technology services provider, reported results for the first quarter ended March 31, 2024.

Key Points:

Commenting on the results, John Wasson, chair and chief executive officer, said, "This was a record first quarter for ICF.
First quarter 2024 total revenue was $494.4 million, a 2.3% increase from the $483.3 million reported in the first quarter of 2023, and up 8.7% from last year's first quarter revenues adjusted for the divestiture of our commercial marketing business lines.
In the 2024 first quarter, the company's tax rate was 20.4% compared to 23.5% in the 2023 first quarter.
On May 2, 2024, ICF declared a quarterly cash dividend of $0.14 per share, payable on July 12, 2024, to shareholders of record on June 7, 2024.

KBR Announces First Quarter Fiscal 2024 Financial Results

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星期二, 四月 30, 2024

HOUSTON, April 30, 2024 /PRNewswire/ -- KBR, Inc. (NYSE: KBR) today announced its first quarter fiscal 2024 financial results.

Key Points:

HOUSTON, April 30, 2024 /PRNewswire/ -- KBR, Inc. (NYSE: KBR) today announced its first quarter fiscal 2024 financial results.
"KBR's extraordinary team has yet again surpassed expectations, delivering outstanding first-quarter results," said Stuart Bradie, KBR's President and CEO.
"Our team's unwavering commitment to our customers has led to year-over-year increases across all key financial metrics, particularly in Adjusted EBITDA2 and operating cash flow.
Bookings during the quarter were well-aligned with our end markets across energy security, national defense, human performance, and sustainability."