Adjusted gross income

More Than Half of U.S. Workers Are Unaware of the IRS Tax Credit for Eligible Retirement Savers

Retrieved on: 
星期二, 二月 27, 2024
Retirement, Schedule 3, Friends, Internal Revenue Service, Federation, IRS, ABLE, Adjusted gross income, Average revenue per user, IRA, AGI, Credit

LOS ANGELES, Feb. 27, 2024 /PRNewswire/ -- Fifty-three percent of U.S. workers are unaware of a tax credit that may help them save for retirement and lower their tax bill, according to survey findings from nonprofit Transamerica Center for Retirement Studies®(TCRS). The Saver's Credit, also referred to as the Retirement Savings Contributions Credit by the Internal Revenue Service (IRS), is available to millions of taxpayers who are saving for retirement.

Key Points: 
  • "In addition to the other tax-advantages of saving for retirement in a 401(k), 403(b) or IRA, the Saver's Credit is a benefit that may reduce a person's federal tax bill.
  • In this context, "non-refundable" means the credit cannot exceed a person's federal income tax for the year.
  • Important note: Beginning in 2027, the recently enacted SECURE Act 2.0 of 2022 replaces the Saver's Credit with the Saver's Match, a matching contribution from the federal government for retirement savers meeting income and other eligibility requirements.
  • The Saver's Match will be 50% of a worker's retirement plan or IRA contributions up to $2,000, representing a maximum match of $1,000.

Fluence Energy, Inc. Announces Executive Transition

Retrieved on: 
星期四, 十一月 16, 2023
AES Corporation, NYSE, Treasury, Bank statement, PIN, Adjusted gross income, GAAP, Adjustment, News, EST, Growth, AES, Cryptocurrency, Security (finance), Radiant exposure

ARLINGTON, Va., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (Nasdaq: FLNC) (“Fluence” or the “Company”), a leading global provider of energy storage products and services, and optimization software for renewables and storage, today announced that Ahmed Pasha will succeed Manavendra Sial (Manu) as Senior Vice President and Chief Financial Officer of the Company, effective January 1, 2024.

Key Points: 
  • Mr. Pasha commented, “I am thrilled to join Fluence at a time when the energy transition is achieving critical momentum, which presents so much opportunity for the Company and for energy storage in general.
  • Ahmed knows the Fluence story well through his treasury and investor relations role at AES, where he cultivated strong relationships with investors and financial institutions.
  • He will be a powerful asset for Fluence as we drive growth and achieve our path to profitability.”
    Mr. Nebreda continued, “On behalf of the entire team at Fluence, I would like to thank Manu for his contribution to Fluence.
  • Mr. Sial commented, “I appreciate the opportunity provided by Julian and the Fluence Board of Directors to contribute to Fluence's leadership.

AYR Wellness Reports Third Quarter 2023 Results

Retrieved on: 
星期四, 十一月 16, 2023
EBITDA, Acquisition, Biomass, Bank statement, Adjusted gross income, Depreciation, Public expenditure, LTIP, Definition, GAAP, Adjustment, MD, Table, Growth, COGS, News, AYR, Bookkeeping, Real estate, Security (finance), Bank, Cryptocurrency, Q3

MIAMI, Nov. 16, 2023 (GLOBE NEWSWIRE) -- AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator (“MSO”), is reporting financial results for the third quarter ended September 30, 2023. Unless otherwise noted, all results are presented in U.S. dollars.

Key Points: 
  • The Company deployed $7 million of capital expenditures in the third quarter and ended the quarter with a cash balance of $72.8 million.
  • The Company now expects revenue to be essentially flat in the fourth quarter compared to the third quarter, and to maintain an adjusted EBITDA margin of 25% in the fourth quarter.
  • Certain financial information reported in this news release is extracted from AYR’s Consolidated Financial Statements and MD&A for the quarter ended September 30, 2023.
  • A reconciliation of how AYR calculates Adjusted EBITDA and Adjusted Gross Profit is provided in the tables appended below.

Hydrofarm Holdings Group Announces Third Quarter 2023 Results

Retrieved on: 
星期四, 十一月 9, 2023
Hydroponics, EBITDA, Lighting, Adjusted gross income, Public expenditure, GAAP, Line of credit, Aquaculture, Security (finance), Commercial property, Bookkeeping, Pharmaceutical industry, Adjustment

SHOEMAKERSVILLE, Pa., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. (“Hydrofarm” or the “Company”) (Nasdaq: HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture, today announced financial results for its third quarter ended September 30, 2023.

Key Points: 
  • SHOEMAKERSVILLE, Pa., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. (“Hydrofarm” or the “Company”) (Nasdaq: HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture, today announced financial results for its third quarter ended September 30, 2023.
  • The decrease was primarily due to $7.4 million of restructuring charges and $1.2 million of non-restructuring inventory charges incurred in the third quarter of 2023.
  • During 2023, the Company has maintained a zero balance on its Revolving Credit Facility and is in compliance with debt covenants as of September 30, 2023.
  • The Company will host a conference call to discuss financial results for the third quarter 2023 today at 4:30 p.m. Eastern Time.

Terran Orbital Reports Record Third Quarter 2023 Financial Results

Retrieved on: 
星期二, 十一月 14, 2023
Satellite, Defense, Contracts, Robotics, Technology, Aerospace, Government Technology, Manufacturing, EBITDA, NYSE, Rivada Networks, PIPE, Entrepreneurship, Orbital Corporation, Investment, Adjusted gross income, EAC, Depreciation, Public expenditure, Transport layer, Marketing, Uncertainty, Capital, Capital expenditure, Automation, GAAP, Human, Hand, Tranche, Growth, Video game

Terran Orbital Corporation (NYSE: LLAP) ("Terran Orbital" or the "Company"), a leading manufacturer of satellite products primarily serving the aerospace and defense industries, today announced financial results and operational highlights for the three and nine months ended September 30, 2023.

Key Points: 
  • Terran Orbital Corporation (NYSE: LLAP) ("Terran Orbital" or the "Company"), a leading manufacturer of satellite products primarily serving the aerospace and defense industries, today announced financial results and operational highlights for the three and nine months ended September 30, 2023.
  • Cost of sales for the third quarter of 2023 was $34.2 million compared to $27.8 million in the same quarter in 2022.
  • Gross profit was $9.7 million in the third quarter of 2023, compared to $37 thousand in the same quarter in 2022.
  • Adjusted EBITDA(1) was $(13.0) million for the third quarter of 2023, compared to $(13.9) million in the same quarter of 2022.

BBTV Announces Q3 2023 Financial Results

Retrieved on: 
星期二, 十一月 14, 2023
BBTV, Revenue, Bank statement, Completion, Adjusted gross income, Toronto Stock Exchange, Revolutions per minute, Content management, Hierarchy, YouTube Shorts, SEDAR, Plan, TSX, Music

VANCOUVER, BC, Nov. 14, 2023 /PRNewswire/ - BBTV Holdings Inc. (TSX: BBTV) (OTCQX: BBTVF) (the "Company"), a media tech company that uses technology enabled solutions to help content creators become more successful, today announced financial results for Q3 2023 for the period ended on September 30, 2023.

Key Points: 
  • VANCOUVER, BC, Nov. 14, 2023 /PRNewswire/ - BBTV Holdings Inc. (TSX: BBTV) (OTCQX: BBTVF) (the "Company"), a media tech company that uses technology enabled solutions to help content creators become more successful, today announced financial results for Q3 2023 for the period ended on September 30, 2023.
  • Q3 2023 Financial and Operational Highlights:
    Total views for the quarter reached 103.6 billion, an 8% increase compared to the previous year quarter.
  • The increase in views was driven by a 115% year-over-year increase in YouTube Shorts viewership to 53.0 billion views in Q3 2023, which is approximately 51% of total views and stable compared to Q2 2023.
  • Overall, BBTV's Q3 2023 operating expenses of $8.6 million have declined by $5.4 million or 38% compared to Q3 2022, and 19% compared to Q2 2023 due to cost optimization and operational realignment.

Priority Technology Holdings, Inc. Announces Third Quarter 2023 Financial Results

Retrieved on: 
星期四, 十一月 9, 2023
Professional Services, Payments, Technology, Software, Finance, Fintech, Banking, Adjustment, Ratio, Adjusted gross income, EST, EBITDA, GAAP, Depreciation, SMB, Communication, Video game, Bank, Priority

Priority Technology Holdings, Inc. (NASDAQ: PRTH) ("Priority" or the "Company"), the platform for unified commerce that delivers integrated payments and banking services at scale, today announced its third quarter 2023 financial results including strong quarter-over-quarter diversified revenue growth.

Key Points: 
  • Priority Technology Holdings, Inc. (NASDAQ: PRTH) ("Priority" or the "Company"), the platform for unified commerce that delivers integrated payments and banking services at scale, today announced its third quarter 2023 financial results including strong quarter-over-quarter diversified revenue growth.
  • "We are delivering on the promise of unified commerce with clear and sustainable financial performance, as clearly evidenced in our results throughout the tumultuous economic environments like the pandemic and today.
  • We have invested thoughtfully in technology and built scalable operations and financial resources that will continue to outperform as market demands evolve."
  • We believe these non-GAAP measures help to illustrate the underlying financial and business trends relating to our results of operations and comparability between current and prior periods.

PowerSchool Announces Third Quarter 2023 Financial Results

Retrieved on: 
星期二, 十一月 7, 2023
Software, Internet, Other Education, Data Management, Technology, Primary, Secondary, Education, Other Technology, Cloud, United States Secretary of Education, International expansion of Netflix, Adjusted gross income, Social media, NYSE, International, Pearson Education, Human, Parent, Tech, Naviance, K-12, GAAP, Gold, Cybersecurity and Infrastructure Security Agency, Acquisition, Concourse, Growth, Computer security, School, Student, Partnership, CFO, U.S. Department of Defense Strategy for Operating in Cyberspace, Total, Investment, Student Success Act, EAB, CISA, Software as a service, Tutoring, Nursing, Management

PowerSchool Holdings, Inc. (NYSE: PWSC) (“PowerSchool” or the “Company”), the leading provider of cloud-based software for K-12 education in North America, today announced financial results for its third quarter ended September 30, 2023.

Key Points: 
  • PowerSchool Holdings, Inc. (NYSE: PWSC) (“PowerSchool” or the “Company”), the leading provider of cloud-based software for K-12 education in North America, today announced financial results for its third quarter ended September 30, 2023.
  • “These third quarter results showcase our ability to build scale, operate with efficiency, and generate value," said PowerSchool CEO Hardeep Gulati.
  • Enables PowerSchool to centralize, enrich, and innovate the communication processes that have been fragmented and inefficient for both districts and parents.
  • Commenting on the Company’s financial results, Eric Shander, PowerSchool President and CFO, added, “We are pleased to see such consistent execution across our teams in this third quarter as we balance our revenue growth objectives with our goals around profitability and cash flow.

Flywire Reports Third Quarter 2023 Financial Results

Retrieved on: 
星期二, 十一月 7, 2023
Adjustment, Adjusted gross income, Vii, Tax, EBITDA, GAAP, Harbor, Acquisition, Printing, Bank statement, Marketing, Webcast, CFO, Depreciation, Insurance, Bookkeeping, Cryptocurrency, Bank, Fly wire

BOSTON, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW) (“Flywire” or the “Company”) a global payments enablement and software company, today reported financial results for its third quarter ended September 30, 2023.

Key Points: 
  • The Company will host a conference call to discuss third quarter 2023 financial results today at 5:00 pm ET.
  • Flywire uses non-GAAP financial measures to supplement financial information presented on a GAAP basis.
  • Flywire uses supplemental measures of its performance which are derived from its consolidated financial information, but which are not presented in its consolidated financial statements prepared in accordance with GAAP.
  • Flywire encourages you to review these reconciliations in conjunction with the presentation of the non-GAAP financial measures for each of the periods presented.

Novanta Announces Financial Results for the Third Quarter 2023

Retrieved on: 
星期二, 十一月 7, 2023
Other Health, General Health, Machinery, Robotics, Technology, Medical Devices, Other Manufacturing, Health Technology, Engineering, Medical Supplies, Other Technology, Health, Manufacturing, Adjustment, Element, Sale, Adjusted gross income, Security (finance), Event, Tax, Public expenditure, Cyprus Securities and Exchange Commission, News, GAAP, Acquisition, Net income, Software, Social, Growth, Epidemic, EPS, Risk, Tax rate, Seizure, Pandemic, Forecasting, Benefit, Annual report, Table, Failure, Social Security Government Pension Offset, Bank, Video game, Film industry, Bookkeeping, Risk management, Novantae

In the third quarter of 2023, GAAP operating income was $30.3 million, compared to $28.7 million in the third quarter of 2022.

Key Points: 
  • In the third quarter of 2023, GAAP operating income was $30.3 million, compared to $28.7 million in the third quarter of 2022.
  • GAAP net income was $21.2 million in the third quarter of 2023, compared to $22.5 million in the third quarter of 2022.
  • GAAP diluted earnings per share (“EPS”) was $0.59 in the third quarter of 2023, compared to $0.63 in the third quarter of 2022.
  • Adjusted Diluted EPS was $0.85 in the third quarter of 2023, compared to $0.81 in the third quarter of 2022.