Earnings Releases

OPTICAL CABLE CORP reported first quarter of fiscal year 2026 ended January 31, 2026 results: revenue $16.4 million, net income $398,000, EPS $0.05 per basic and diluted share.

“Consolidated net sales for the first quarter of fiscal year 2026 increased 4.4% to $16.4 million, compared to $15.7 million for the same period in the prior year. OCC experienced an increase in net sales in both its enterprise and specialty markets during the first quarter of fiscal year 2026, compared to the first quarter of fiscal year 2025. Net sales to customers outside of the United States increased 18.0% and net sales to customers in the United States increased less than one percent in the first quarter of fiscal year 2026, compared to the same period last year. At the end of the first quarter of fiscal year 2026, the Company’s sales order backlog/forward load increased to $10.4 million when compared to $7.3 million as of October 31, 2025. Gross profit increased 16.1% to $5.4 million in the first quarter of fiscal year 2026, compared to $4.6 million for the same period in fiscal year 2025, as a result of increased volumes and the resulting positive impact of OCC’s manufacturing o”

UNIVERSAL ELECTRONICS INC reported the twelve months ended December 31, 2025 results: revenue $368.3 million, net income $18.6 million, EPS $1.41 loss per share.

“• At December 31, 2025, cash and cash equivalents were $32.3 million. 1 Financial Results for the Twelve Months Ended December 31, 2025 Compared to 2024 • GAAP net sales were $368.3 million, compared to $394.9 million. ◦ GAAP net sales in connected home were $125.4 million, compared to $108.3 million. ◦ GAAP net sales in home entertainment were $242.9 million,”

UNIVERSAL ELECTRONICS INC reported the three months ended December 31, 2025 results: revenue $87.7 million, net income $1.1 million, EPS $0.08 loss per share.

“operating expenses were down $4.4 million. • The company share repurchase program repurchased $2.3 million, or 5.8% of our total shares outstanding. • GAAP net sales were $87.7 million, compared to $110.5 million. ◦ GAAP net sales in connected home were $29.7 million, compared to $34.4 million. ◦ GAAP net sales in home entertainment were $58.0 million, compared”

Identiv, Inc. reported fiscal year ended December 31, 2025 results: revenue $21.5 million, net income ($18.0) million, EPS ($0.79) per basic and diluted share. Guidance initiated.

“the fourth quarter of 2025 was ($2.5) million, compared to ($4.5) million in the fourth quarter of 2024. Financial Results for Fiscal Year 2025 Revenue for fiscal year 2025 was $21.5 million compared to $26.6 million in fiscal year 2024. Fiscal year 2025 GAAP gross margin was 6.1% and non-GAAP gross margin was 14.3%, compared to fiscal year 2024 GAAP gross margin of”

Identiv, Inc. reported fourth quarter of 2025 results: revenue $6.2 million, net income ($3.7) million, EPS ($0.16) per basic and diluted share. Guidance initiated.

“new products to capture opportunities in the rapidly growing global IoT market.” Financial Results for Fiscal Fourth Quarter 2025 Revenue for the fourth quarter of 2025 was $6.2 million, compared to $6.7 million in the fourth quarter of 2024. This year-over-year decrease was as expected and due to the exit of lower-margin business which we did not transfer to”

PIXELWORKS, INC reported financial results for fiscal year ended December 31, 2025.

“On March 12, 2026, Pixelworks, Inc. (the "Company") issued a press release announcing financial results for the twelve month period ended December 31, 2025”

STONERIDGE INC reported 2027 results: revenue at least $715 million. Guidance initiated.

“2027 Financial Targets • 2027 revenue target of at least $715 million driven by improving market conditions and continued growth in MirrorEye ◦ Incremental growth opportunities with our aftermarket, off-highway and Brazilian OEM businesses • 2027 EBITDA expected of at least $44 million based on contribution on incremental revenue”

STONERIDGE INC reported full year 2026 results: revenue $625 million - $650 million. Guidance initiated.

“2026 Full-Year Guidance • Revenue guidance of $625 million - $650 million (midpoint of $638 million) represents growth of 4.2% vs. 2025 sales (excluding Control Devices) of $612 million ◦ Guidance conservatively assumes flat end market growth based on current customer expectations (IHS third party production data expects 7.1% year-over-year growth based on our weighted-average OEM end markets) ◦ Expecting continued market outperformance led by MirrorEye growth of at least 45% • Adjusted EBITDA of $20 million to $25 million (adjusted EBITDA margin of 3.2% to 3.8%)”

STONERIDGE INC reported the full year ended December 31, 2025 results: revenue $861.3 million, net income $(102.8) million, EPS $(3.70).

“The Company announced full-year sales of $861.3 million, gross profit of $171.2 million (19.9% of sales) and adjusted gross profit of $173.6 million (20.2% of sales). Operating loss was $(38.6) million ((4.5)% of sales) and adjusted operating loss was $(4.3) million ((0.5)% of sales). Operating loss was adjusted to account for the pre-tax impairment of Control Devices assets of $(21.6) million among other non-recurring expenses as outlined in Exhibit 2. Net loss was $(102.8) million and adjusted net loss was $(31.9) million. Net loss was primarily adjusted to account for the previously discussed asset impairment as well as the recording of tax valuation allowances of $44.5 million net, among other non-recurring expenses as outlined in Exhibit 4. Loss per share was $(3.70) and adjusted EPS was $(1.15).”

STONERIDGE INC reported the fourth quarter ended December 31, 2025 results: revenue $205.2 million, net income $(76.9) million, EPS $(2.76).

“The Company announced fourth quarter sales of $205.2 million. Gross profit was $33.2 million (16.2% of sales) and adjusted gross profit was $33.2 million (16.2% of sales). Operating loss was $(29.5) million ((14.4)% of sales) while adjusted operating loss was $(6.7) million ((3.3)% of sales). Operating loss was adjusted to account for the pre-tax impairment of Control Devices assets of $(21.6) million among other non-recurring expenses as outlined in Exhibit 2. Net loss was $(76.9) million and adjusted net loss was $(14.7) million. Net loss was adjusted to account for the previously discussed impairment as well as the recording of tax valuation allowances of $44.5 million net, among other non-recurring expenses as outlined in Exhibit 4. Loss per share (EPS) was $(2.76) and adjusted EPS was $(0.53).”

INOVIO PHARMACEUTICALS, INC. reported financial results for the fourth quarter and full year ended December 31, 2025.

“On March 12, 2026, Inovio Pharmaceuticals, Inc. (the “ Company ”) issued a press release announcing its financial results for the quarter and full year ended December 31, 2025.”

FILANA THERAPEUTICS, INC. reported the fourth quarter and year ended December 31, 2025 results: net income Net loss for 2025 was $91.0 million, EPS $1.88 per share.

“Filana Therapeutics Reports Fourth Quarter and Full Year 2025 Financial Results”

KINGSWAY FINANCIAL SERVICES INC reported for the three and twelve months ended December 31, 2025 results: revenue $38.6 million, net income Consolidated net loss was $1.6 million.

“--- EX-99.1 2 ex_879805.htm EXHIBIT 99.1 ex_879805.htm Exhibit 99.1 KINGSWAY REPORTS FOURTH QUARTER AND FULL YEAR 2025 FINANCIAL RESULTS -- Q4 2025 Revenue Growth of 30% to $38.6 Million -- -- Q4 2025 KSX Revenue Growth of 64% to $20.3 Million -- -- Q4 2025 Extended Warranty Revenue Growth of 6% to $18.3 Million; Extended Warranty Cash Sales up 11% -- --”

DICK'S SPORTING GOODS, INC. updated its 2026 guidance (initiated).

“Provides 2026 outlook and expects full year comparable sales growth to be in the range of 2.0% to 4.0% for the DICK'S Business and full year proforma comparable sales growth (A) to be in the range of 1.0% to 3.0% for the Foot Locker Business”

DICK'S SPORTING GOODS, INC. updated its full year ended January 31, 2026 guidance (reaffirmed).

“On March 12, 2026, the Company issued a press release announcing its results for the fourth fiscal quarter ended January 31, 2026 and certain other information that is furnished as Exhibit 99.1 to this Form 8-K.”

DICK'S SPORTING GOODS, INC. updated its fourth fiscal quarter ended January 31, 2026 guidance (reaffirmed).

“On March 12, 2026, the Company issued a press release announcing its results for the fourth fiscal quarter ended January 31, 2026 and certain other information that is furnished as Exhibit 99.1 to this Form 8-K.”

AMERICAN REALTY INVESTORS INC reported the three months ended December 31, 2025 results: revenue $13.0 million, net income net income attributable to common shares of $9.8 million or $0.60 per diluted share, EPS $0.60 per diluted share.

“loan on the property and for general corporate purposes. Financial Results Revenues increased $1.0 million from $12.0 million for the three months ended December 31, 2024 to $13.0 million for the three months ended December 31, 2025. The increase in revenue is primarily due to an increase of $0.6 million from our commercial properties and $0.7 million in other”

LIVEPERSON INC reported the quarter ended December 31, 2025 results: revenue Total Revenue of $59.3 million, net income Net loss ... $46.1 million or $3.92 per share.

“unless expressly incorporated by specific reference into such filing. --- EX-99.1 (EX-99.1) --- LivePerson Announces Fourth Quarter 2025 Financial Results -- Total Revenue of $59.3 million, above the high-end of our guidance range -- -- Adjusted EBITDA above the high-end of our guidance range -- NEW YORK, March 12, 2026 -- LivePerson, Inc. (N ASDAQ: LPSN)”

BUILD-A-BEAR WORKSHOP INC updated its fiscal 2026 guidance (initiated).

“The Company introduces fiscal 2026 guidance, projecting total revenues to grow in the mid-single-digits and pre-tax income ranging from a mid-single-digit decline to low single-digit growth, inclusive of a full year of tariff and related costs, as well as longer-range investments”

BUILD-A-BEAR WORKSHOP INC reported fiscal year 2025 ended January 31, 2026 results: revenue $529.8 million, EPS $3.99.

“Total revenues were $529.8 million and increased 6.7%. o Net retail sales were $486.0 million and increased 5.6%. o Consolidated e-commerce demand (online orders fulfilled from either the Company’s warehouses or its stores) decreased 5.5%. o Commercial and International franchising segment revenues were a combined $43.9 million and increased 21.6%. ● Pre-tax income was $67.2 million, or 12.7% of total revenues, compared to $67.1 million, or 13.5% of total revenues, in the prior year. This reflects approximately $11 million in tariffs and related costs, and $5 million in increased medical and labor costs, largely offset by revenue growth. The 80-basis-point decline in pre-tax margin reflects a 90-basis-point improvement in total gross margin driven by expansion in Retail gross margin from reduced promotional activity, leverage of fixed costs, and selective price increases, partially offset by the impact of tariffs, and a 170-basis-point increase in SG&A expense, from higher total compen”

BUILD-A-BEAR WORKSHOP INC reported the fourth quarter of fiscal year 2025 ended January 31, 2026 results: revenue $154.5 million, EPS $1.26.

“Total revenues were $154.5 million and increased 2.7%. o Net retail sales were $139.5 million, consistent with the prior year. o Consolidated e-commerce demand (online orders fulfilled from either the Company’s warehouses or its stores) decreased 13.6%. o Commercial and International franchising segment revenues were a combined $15.1 million and increased 37.5%. ● Pre-tax income was $21.5 million, or 13.9% of total revenues, compared to $27.5 million, or 18.3% of total revenues, in the prior-year quarter. This reflects approximately $6 million in tariffs and related costs, and over $1.2 million combined in increased medical expenses, and labor costs related to minimum wage increases, which was previously shared as part of a full-year estimate. The 440-basis-point reduction in pre-tax margin reflects a 140-basis-point decrease in gross margin, related to tariffs, partially offset by selective price increases, and a 300-basis-point increase in selling, general and administration (“SG&A”)”

HARVARD BIOSCIENCE INC reported financial results for three and twelve months ended December 31, 2025.

“On March 12, 2026, Harvard Bioscience, Inc. (the “Company”) issued a press release announcing financial results for the three and twelve months ended December 31, 2025, and the details of a related conference call to be held at 8:00 AM ET on March 12, 2026. The press release is furnished as Exhibit 99.1 and incorporated herein by reference.”

GYRE THERAPEUTICS, INC. reported the fourth quarter and full year ended December 31, 2025 results: revenue $116.6 million. Guidance reaffirmed.

“Full-year 2025 revenue increased 10% year-over-year to $116.6 million, within revised guidance range Full year 2026 revenue guidance of $100.5 to $111.0 million”

CALAVO GROWERS INC reported first fiscal quarter ended January 31, 2026 results: revenue $122.2 million, net income $0.7 million, EPS $0.27 per diluted share.

“Calavo Growers, Inc. (Nasdaq-GS: CVGW) (“Calavo” or the “Company”) , a global leader in sourcing, packing and distribution of fresh avocados, tomatoes, papayas and processing of guacamole and other avocado products, today reported its financial results for the first fiscal quarter ended January 31, 2026. Comparison of First Quarter of Fiscal Year 2026 vs. Prior Year Period · Total net sales were $122.2 million, compared to $154.4 million · Gross profit was $15.2 million, compared to $15.7 million · SG&A expense was $16.4 million, impacted by $7.2 million of non-recurring, primarily M&A-related expenses, compared to $10.3 million, impacted by $0.7 million of non-recurring expenses · Net income of $0.7 million, compared to $4.4 million · Adjusted net income of $4.8 million, or $0.27 per diluted share, compared to $6.3 million, or $0.35 per diluted share”

CAPRICOR THERAPEUTICS, INC. reported the fourth quarter ended December 31, 2025 results: revenue $0.

“Revenues for the fourth quarter of 2025 were $0”

AMERICAN PUBLIC EDUCATION INC reported full year 2026 results: revenue $685.0 - $695.0, net income $41.3 - $47.6, EPS $2.15 per - $2.47 per share. Guidance initiated.

“Full Year 2026 Full Year 2025 Revenue $685.0 - $695.0 $648.9 Net Income Available to Common Stockholders $41.3 - $47.6 $25.3 Adjusted EBITDA $91.5 - $100.5 $85.7 Diluted Earnings per Share $2.15 per - $2.47 per share $1.36 per share”

AMERICAN PUBLIC EDUCATION INC reported first quarter 2026 results: revenue $173.0 - $175.0, net income $11.1 - $12.2, EPS $0.58 per - $0.64 per share. Guidance initiated.

“First Quarter 2026 First Quarter 2025 APU Global Net registrations 106,600 +4.0% y/y 102,500 RU Health+ Enrollment 19,400 +7.8% y/y 18,000 Revenue $173.0 - $175.0 $164.6 Includes $3.7 of GSUSA Revenue Net Income Available to Common Stockholders $11.1 - $12.2 $7.5 Adjusted EBITDA $25.5 - $27.0 $21.2 Diluted Earnings per Share $0.58 per - $0.64 per share $0.41”

AMERICAN PUBLIC EDUCATION INC reported the twelve months ended December 31, 2025 results: revenue $648.9 million, net income $25.3 million, EPS $1.36 per share.

“Full Year 2025 Highlights (as Compared to Full Year 2024) · Consolidated revenue of $648.9 million, a 3.9% year-over year increase, reflecting the effects of the federal government shutdown in the fourth quarter of 2025 and the sale of GSUSA in July 2025. o RU segment revenue growth of 13.9% year-over-year to $246.2 million, primarily driven by increased enrollments . o HCN segment revenue growth of 11.4% year-over-year to $75.0 million, primarily driven by increased enrollments. o APUS segment revenue growth of 0.9% year-over-year to $319.8 million, impacted by the federal government shutdown in the fourth quarter of 2025. · Net income available to common stockholders increased 151.6% to $25.3 million, compared to $10.1 million. · Adjusted EBITDA increased 18.6% to $85.7 million. · Net income per diluted common share increased 147.3% to $1.36 per share, compared to $0.55 per share.”

AMERICAN PUBLIC EDUCATION INC reported the three months ended December 31, 2025 results: revenue $158.3 million, net income $12.6 million, EPS $0.67.

“Consolidated revenue of $158.3 million, a 3.5% year-over year decrease, reflecting the effects of the federal government shutdown in the fourth quarter of 2025 and the sale of Graduate School USA (“GSUSA”) in July 2025. o Rasmussen University (“RU”) segment revenue growth of 15.9% year-over-year to $66.6 million, primarily driven by increased enrollments . o Hondros College of Nursing (“HCN”) segment revenue growth of 9.5% year-over-year to $20.7 million, primarily driven by increased enrollments . o American Public University System (“APUS”) segment revenue decreased 13.8%, primarily driven by the government shutdown in the fourth quarter of 2025. o Excluding the effect of the sale of GSUSA in July 2025, consolidated revenue would have been flat when compared to the prior year period. · Net income available to common stockholders increased 9.6% to $12.6 million, compared to $11.5 million. · Adjusted EBITDA decreased 8.6% to $28.7 million, impacted by the government shutdown in the fou”

BIMINI CAPITAL MANAGEMENT, INC. reported the full year ended December 31, 2025 results: net income $5.8 million, EPS $0.58 per common share.

“Net income of $5.8 million, or $0.58 per common share, for the full year ended December 31, 2025”

BIMINI CAPITAL MANAGEMENT, INC. reported the quarter ended December 31, 2025 results: net income $3.4 million, EPS $0.34 per common share.

“Net income of $3.4 million, or $0.34 per common share, for the quarter ended December 31, 2025”

Alliance Laundry Holdings Inc. reported financial results for the fiscal quarter and year ended December 31, 2025.

“On March 12, 2026 , Alliance Laundry Holdings Inc. issued a press release announcing its financial results for the fiscal quarter and year ended December 31, 2025 .”

Zumiez Inc reported the three months ending May 2, 2026 results: revenue $189 to $193 million, EPS between a loss of $0.77 and a loss of $0.87. Guidance initiated.

“The Company is introducing guidance for the three months ending May 2, 2026. Net sales are projected to be in the range of $189 to $193 million. Earnings per share are expected to be between a loss of $0.77 and a loss of $0.87.”

Zumiez Inc reported the twelve months (52 weeks) ended January 31, 2026 results: revenue $929.1 million, net income $13.4 million, EPS $0.78 per share.

“Total net sales for the twelve months (52 weeks) ended January 31, 2026, increased 4.5% to $929.1 million from $889.2 million reported for the twelve months (52 weeks) ended February 1, 2025. Comparable sales increased 4.3% for the fifty-two weeks ended January 31, 2026. Net income for fiscal 2025 increased $15.1 million to $13.4 million, or $0.78 per share, compared to a net loss of $1.7 million, or $0.09 per share in fiscal 2024.”

Zumiez Inc reported the fourth quarter ended January 31, 2026 results: revenue $291.3 million, net income $19.6 million, EPS $1.16 per share.

“Net sales for the fourth quarter ended January 31, 2026 (13 weeks) increased 4.4% to $291.3 million from $279.2 million in the fourth quarter ended February 1, 2025 (13 weeks). Comparable sales for the thirteen weeks ended January 31, 2026, increased 2.2%. Net income in the fourth quarter of fiscal 2025 increased 32.5% to $19.6 million, or $1.16 per share, compared to net income of $14.8 million, or $0.78 per share, in the fourth quarter of the prior fiscal year.”

Limoneira CO reported the first quarter ended January 31, 2026 results: revenue $18.2 million. Guidance reaffirmed.

“For the first quarter of fiscal year 2026, total net revenues were $18.2 million, compared to total net revenues of $34.3 million in the first quarter of the previous fiscal year.”

PRECISION BIOSCIENCES INC reported financial results for the fourth quarter and fiscal year ended December 31, 2025.

“On March 12, 2026, Precision BioSciences, Inc. (the “Company”) issued a press release announcing its financial results for the quarter and year ended December 31, 2025.”

UR-ENERGY INC reported financial results for the year ended December 31, 2025.

“On March 10, 2026, Ur-Energy Inc. (the “Company”) issued a press release providing earnings results and an operational update for the year ended December 31, 2025.”

RAPID MICRO BIOSYSTEMS, INC. reported full year 2026 results: revenue $37.0 million to $41.0 million. Guidance initiated.

“For the full year 2026, the Company expects total revenue in the range of $37.0 million to $41.0 million including a range of 30 to 38 Growth Direct system placements and gross margins of approximately 20%.”

RAPID MICRO BIOSYSTEMS, INC. reported full year 2025 results: revenue $33.6 million, net income $47.1 million, EPS $1.05.

“Total revenue for the full year was $33.6 million in 2025, compared to $28.1 million in 2024, representing an increase of 20%.”

RAPID MICRO BIOSYSTEMS, INC. reported fourth quarter of 2025 results: revenue $11.3 million, net income $12.5 million, EPS $0.28.

“Total revenue for the fourth quarter of 2025 was $11.3 million, compared to $8.2 million in the fourth quarter of 2024, representing an increase of 37%.”

Ulta Beauty, Inc. reported Fifty-two Weeks Ended January 31, 2026 results: revenue $12,392.8 million, EPS $25.64.

“was $476.9 million, or 12.2% of net sales. ● Diluted earnings per share was $8.01. ​ Full Year of Fiscal 2025 Compared to Full Year of Fiscal 2024 ● Net sales increased 9.7% to $12.4 billion , primarily due to increased comparable sales, the acquisition of Space NK, and sales from new stores . ● Comparable sales increased 5.4% , driven by a 3.3% increase in average”

Ulta Beauty, Inc. reported Thirteen Weeks Ended January 31, 2026 results: revenue $3,898.4 million, EPS $8.01.

“earnings per share ​ $ 8.01 ​ $ 8.46 ​ ​ $ 25.64 ​ $ 25.34 ​ ​ ​ ​ ​ Fourth Quarter of Fiscal 2025 Compared to Fourth Quarter of Fiscal 2024 ​ ● Net sales increased 11.8% to $3.9 billion, primarily due to increased comparable sales, the acquisition of Space NK, and sales from new stores . ● Comparable sales increased 5.8%, driven by a 4.2% increase in average”

Whitehawk Therapeutics, Inc. reported the full-year ended December 31, 2025 results: net income $20.6 million.

“Net loss for the full-year ended December 31, 2025, was $20.6 million, as compared to $63.7 million for the same period in 2024.”

Whitehawk Therapeutics, Inc. reported the three months ended December 31, 2025 results: net income $23.3 million.

“Net loss for the three months ended December 31, 2025, was $23.3 million as compared to $18.3 million for the three months ended December 31, 2024.”

Quest Resource Holding Corp reported the fiscal year ended December 31, 2025 results: revenue $250.2 million, net income $15.4 million, EPS $(0.73).

“Fiscal Year 2025 Highlights • Revenue was $250.2 million, a 13.3% decrease compared with the same period of 2024. • Gross profit was $42.5 million, a 14.9% decrease compared with the same period of 2024. • Gross margin was 17.0% of revenue, compared with 17.3% for the same period of 2024. • GAAP net loss was $15.4 million, compared with a net loss of $15.1 million for the same period of 2024. • GAAP net loss per basic and diluted share attributable to common stockholders was $(0.73), which is consistent with the same period of 2024. • Adjusted EBITDA was $9.3 million compared to $14.5 million during the same period of 2024.”

Quest Resource Holding Corp reported the fourth quarter ended December 31, 2025 results: revenue $58.9 million, net income $1.7 million, EPS $(0.08).

“Fourth Quarter 2025 Highlights • Revenue was $58.9 million, a 15.8% decrease compared with the fourth quarter of 2024, and a 7.0% decrease from the third quarter of 2025. • Gross profit was $9.1 million, a 15.1% decrease compared with the fourth quarter of 2024, and a 20.6% decrease from the third quarter of 2025. • Gross margin was 15.5% of revenue, compared with 15.3% for the fourth quarter of 2024. • GAAP net loss was $1.7 million, compared with a net loss of $9.5 million for the fourth quarter of 2024. • GAAP net loss per basic and diluted share attributable to common stockholders was $(0.08), compared with $(0.46) for the fourth quarter of 2024. • Adjusted EBITDA was $2.1 million, compared with $1.7 million for the fourth quarter of 2024.”

Turtle Beach Corp reported full year 2026 results: revenue between $335 million and $355 million. Guidance initiated.

“Financial Outlook The Company is initiating guidance for the full year 2026. Net revenues are expected to be between $335 million and $355 million, representing 5% to 11% year-over-year growth. Adjusted EBITDA is expected to be between $44 million and $48 million, representing 10% to 20% year-over-year growth.”

Turtle Beach Corp reported full year ended December 31, 2025 results: revenue $319.9 million, net income $15.7 million.

“Full Year 2025 Highlights • Net Revenue was $319.9 million. • Gross Margins were 37.3%, a year-over-year improvement of 270 basis points. • Net Income was $15.7 million. • Adjusted EBITDA was $40.1 million.”

Turtle Beach Corp reported fourth quarter ended December 31, 2025 results: revenue $118.8 million, net income $17.6 million.

“Fourth Quarter Highlights • Net Revenue was $118.8 million. • Gross Margins were 40.1%, a year-over-year improvement of 310 basis points. • Net Income was $17.6 million. • Adjusted EBITDA was $28.1 million.”