secwatch / observer

Earnings Releases

Quarterly and annual results disclosed under 8-K Item 2.02.

8-K items 2.02 JSON
ARKO ARKO Corp.

ARKO Corp. reported the first quarter ended March 31, 2024 results: net income $0.6 million.

“ARKO Corp. (Nasdaq: ARKO) (“ARKO” or the “Company”), a Fortune 500 company and one of the largest convenience store operators in the United States, today announced financial results for the first quarter ended March 31, 2024. First Quarter 2024 Key Highlights (vs. Year-Ago Quarter) 1,2 • Net loss for the quarter was $0.6 million compared to $2.5 million.”
EVEX Eve Holding, Inc.

Eve Holding, Inc. reported first quarter ended March 31, 2024 results: net income $25.3 million.

“Eve reported a net loss of $25.3 million in 1Q24 versus $25.8 million in 1Q23.”
HLMN Hillman Solutions Corp.

Hillman Solutions Corp. reported Thirteen weeks ended March 30, 2024 results: revenue $350.3 million, net income Net loss of $(1.5) million, EPS $(0.01) per diluted share. Guidance reaffirmed.

“First Quarter 2024 Highlights (Thirteen weeks ended March 30, 2024) • Net sales increased 0.2% to $350.3 million compared to $349.7 million in the prior year quarter • Net loss totaled $(1.5) million, or $(0.01) per diluted share, compared to net loss of $(9.1) million, or $(0.05) per diluted share, in the prior year quarter • Adjusted diluted EPS 1 was $0.10 per diluted share compared to $0.06 per diluted share in the prior year quarter”
MLTX MoonLake Immunotherapeutics

MoonLake Immunotherapeutics reported financial results for the quarter ended March 31, 2024.

“MoonLake Immunotherapeutics (the “Company”) issued a press release announcing its financial results for the quarter ended March 31, 2024.”
EXOD Exodus Movement, Inc.

Exodus Movement, Inc. reported the first quarter ended March 31, 2024 results: revenue $29.1 million, net income $54.8 million.

“Exodus Reports Preliminary First Quarter 2024 Results Record revenue of $29.1 million, up 118% year-over-year in Q1 Strong momentum in our Wallet-as-a-Service and fiat onboarding products NYSE American uplisting scheduled for May 9th, 2024 under the ticker EXOD Exodus Movement, Inc. (OTCQX: EXOD), (the “Company” or “Exodus”) the leading self-custodial cryptocurrency software platform, today announced its preliminary results for the first quarter ended March 31, 2024.”
MSGM Motorsport Games Inc.

Motorsport Games Inc. reported first quarter ended March 31, 2024 results: revenue $3.0 million, net income $1.7 million, EPS $0.60 per share.

“● Launched Le Mans Ultimate in Early Access on PC to recognizably positive user ratings on Steam with approximately 79,000 units sold in Q1 2024. ● Revenue increased to $3.0 million in Q1 2024, up by $1.3 million compared to Q1 2023, with a gross profit margin of 78.0% compared to 27.8% in the prior year period. ● Net loss decreased to $1.7 million in Q1”
EVGO EVgo Inc.

EVgo Inc. reported the quarter ended March 31, 2024 results: revenue $55.2 million, net income Net Loss of $28.2 million.

“be expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- ​ EVgo Inc. Reports Record First Quarter 2024 Results ​ ● Revenue reached a record $55.2 million in the first quarter, representing an increase of 118 % year-over-year . ● Network throughput reached a record 53 gigawatt-hours (“GWh”) in the first quarter, an increase of 194%”
GBTG Global Business Travel Group, Inc.

Global Business Travel Group, Inc. reported the first quarter ended March 31, 2024 results: revenue $610 million. Guidance reaffirmed.

“March 31, 2024. First Quarter 2024 Highlights Delivered Strong Financial Results • TTV grew 9% year-over-year (10% workday adjusted 1 ). • Revenue grew 6% year-over-year to $610 million (7% workday adjusted 1 ). • Record first-quarter Adjusted EBITDA of $123 million, representing growth of 24%. • Reiterated full-year 2024 revenue and Adjusted EBITDA guidance”
CIFR Cipher Digital Inc.

Cipher Digital Inc. reported the first quarter ended March 31, 2024 results: revenue $48m, net income GAAP Net Income of $40m. Guidance reaffirmed.

“99.1 Cipher Mining Provides First Quarter 2024 Business Update First Quarter 2024 GAAP Net Income of $40m, and Non-GAAP Adjusted Earnings of $63m First Quarter 2024 Revenues of $48m Current Self-Mining Hash Rate of ~7.7 EH/s and on track to reach ~9.3 EH/s by end of Third Quarter 2024, with plans to grow to ~25.1 EH/s by end of 2025 NEW YORK—May 7, 2024—”
DV DoubleVerify Holdings, Inc.

DoubleVerify Holdings, Inc. reported the first quarter ended March 31, 2024 results: revenue $140.8 million, net income $7.2 million. Guidance reaffirmed.

“DoubleVerify Reports First Quarter 2024 Financial Results Increased Revenue by 15% Year-over-Year to $140.8 Million, Driven by Global Growth in Social and CTV Measurement Achieved Net Income of $7.2 Million and Adjusted EBITDA of $38.1 Million, representing a 27% Adjusted EBITDA margin”
JOBY Joby Aviation, Inc.

Joby Aviation, Inc. reported financial results for first quarter of 2024.

“NET LOSS Net loss of $95 million reflected a loss from operations of $146 million, partly offset by interest and other income of $51 million.”
GCMG GCM Grosvenor Inc.

GCM Grosvenor Inc. reported financial results for first quarter 2024.

“On May 7, 2024 , GCM Grosvenor Inc. (the “Company”) reported financial results for the three months ended March 31, 2024.”
GWH ESS Tech, Inc.

ESS Tech, Inc. reported first quarter ended March 31, 2024 results: revenue 2.7 Million.

“ESS Tech, Inc. Announces First Quarter 2024 Financial Results Q1 Revenue of $2.7 Million”
NRDY Nerdy Inc.

Nerdy Inc. reported first quarter ended March 31, 2024 results: revenue $53.7 million, net income net loss of $12.0 million.

“and referrals between Consumer and Institutional, and ultimately improve growth and profitability. Q1 Earnings Release 2024 2 First Quarter in Review • We delivered revenue of $53.7 million, an increase of 9% year-over-year from $49.2 million during the same period in 2023. Revenue growth was driven by both our Consumer and Institutional businesses, which were up 3%”
BTMD biote Corp.

biote Corp. reported first quarter ended March 31, 2024 results: revenue Revenue of $46.8 million, net income Net loss of $(5.8) million, EPS basic and diluted loss per share attributable to biote Corp. stockholders of $(0.06). Guidance reaffirmed.

“for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights (All financial result comparisons made are against the prior-year period) • Revenue of $46.8 million, up 4.4% • Procedure revenue of $37.4 million, up 6.6% • Gross profit margin of 71.4%, an approximately 240-basis point increase • Net loss of $(5.8) million, representing net”
Repare Therapeutics Inc.

Repare Therapeutics Inc. reported financial results for first quarter ended March 31, 2024.

“On May 7, 2024, Repare Therapeutics Inc. (the "Company") issued a press release announcing its recent business highlights and financial results for the three months ended March 31, 2024.”
MONEYLION INC.

MONEYLION INC. reported the first quarter ended March 31, 2024 results: revenue $121 million, net income $7 million, EPS $0.60. Guidance reaffirmed.

“MoneyLion Announces First Quarter 2024 Results Record Revenue of $121 Million, Up 29% Year-over-Year Record GAAP Net Income of $7 Million; Diluted EPS of $0.60”
LPRO Open Lending Corp

Open Lending Corp reported fiscal quarter ended March 31, 2024 results: revenue $30.7 million, net income $5.1 million.

“• The Company facilitated 28,189 certified loans during the first quarter of 2024, compared to 32,408 certified loans in the first quarter of 2023. • Total revenue was $30.7 million during the first quarter of 2024, compared to $38.4 million in the first quarter of 2023. The first quarter of 2024 was negatively impacted by a $1.1 million reduction in”
Fusion Pharmaceuticals Inc.

Fusion Pharmaceuticals Inc. reported financial results for first quarter ended March 31, 2024.

“On May 7, 2024, Fusion Pharmaceuticals Inc. (the “Company”) issued a press release announcing the Company’s financial results for the quarter ended March 31, 2024.”
TALK Talkspace, Inc.

Talkspace, Inc. reported the quarter ended March 31, 2024 results: revenue $45,416, net income $(1,466). Guidance reaffirmed.

“of eligible lives at period end (in millions) 131.4 34% Number of completed Payor sessions 284.2 65% Number of Consumer active members at period end 11.1 (26)% Total revenue $45,416 36% Gross profit $21,731 30% Gross margin % 47.8% Operating expenses $23,410 (9)% Net loss $(1,466) 83% Adjusted EBITDA 1 $774 112% Cash and cash equivalents at period end”
CLOV CLOVER HEALTH INVESTMENTS, CORP. /DE

CLOVER HEALTH INVESTMENTS, CORP. /DE reported the first quarter ended March 31, 2024 results: revenue $346.9 million, net income $23.2 million. Guidance raised.

“exceeding its expectations on several key operating metrics and highlighting significant progress on its path to profitability. For the first quarter 2024, total revenue was $346.9 million, with GAAP net loss from continuing operations improving to $23.2 million. Adjusted EBITDA improved to a profit of $6.8 million, as compared to the prior year period loss of”
IAC IAC Inc.

IAC Inc. reported Q1 2024 results: revenue $929.7, net income $45.0, EPS $0.51.

“IAC CEO Joey Levin on the Investor Relations section of its website at ir.iac.com . IAC SUMMARY RESULTS ($ in millions except per share amounts) Q1 2024 Q1 2023 Growth Revenue $ 929.7 $ 1,084.3 -14 % Operating loss (59.2) (135.6) 56 % Unrealized gain on investment in MGM Resorts International 163.8 704.8 -77 % Net earnings 45.0 417.8 -89 % Diluted earnings per”
ALGS Aligos Therapeutics, Inc.

Aligos Therapeutics, Inc. reported first quarter 2024 results: net income Net losses for the three months ended March 31, 2024 were $34.9 million, EPS basic and diluted net loss per common share of $(0.22).

“Net losses for the three months ended March 31, 2024 were $34.9 million or basic and diluted net loss per common share of $(0.22), compared to net losses of $23.0 million or basic and diluted net loss per common share of $(0.53) for the three months ended March 31, 2023.”
PSBD Palmer Square Capital BDC Inc.

Palmer Square Capital BDC Inc. reported the first quarter ended March 31, 2024 results: revenue $34.8 million, net income $16.3 million or $0.52 per share.

“business development company, today announced its financial results for the first quarter ended March 31, 2024. Financial and Operating Highlights ● Total investment income of $34.8 million for the first quarter of 2024, compared to $26.2 million for the prior year period ● Net investment income of $16.3 million or $0.52 per share for the first quarter of 2024, as”
GTM ZoomInfo Technologies Inc.

ZoomInfo Technologies Inc. reported first quarter ended March 31, 2024 results: revenue $310.1 million.

“except as shall be expressly set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- ZoomInfo Announces First Quarter 2024 Financial Results GAAP Revenue of $310.1 million Grows 3% year-over-year GAAP Operating Margin of 14% and Adjusted Operating Income Margin of 39% GAAP Cash Flow from Operations of $115.9 million and Unlevered Free Cash Flow of”
OVV Ovintiv Inc.

Ovintiv Inc. reported first quarter ended March 31, 2024 results: net income net earnings of $338 million, or $1.24 per diluted share of common stock, EPS $1.24 per diluted share. Guidance raised.

“On May 7, 2024, Ovintiv Inc. (the “Company”) issued a news release announcing its financial and operating results for its first quarter ended March 31, 2024.”
IMRX Immuneering Corp

Immuneering Corp reported the first quarter ended March 31, 2024 results: net income Net loss attributable to common stockholders was $14.3 million, or $0.49 per share, EPS $0.49 per share.

“Immuneering Corporation (the “Company”) announced its financial results for the quarter ended March 31, 2024”
AEVA Aeva Technologies, Inc.

Aeva Technologies, Inc. reported first quarter ended March 31, 2024 results: revenue $2.1 million, EPS $0.67.

“Revenue of $2.1 million in Q1 2024, compared to revenue of $1.1 million in Q1 2023”
BWIN Baldwin Insurance Group, Inc.

Baldwin Insurance Group, Inc. reported the quarter ended March 31, 2024 results: revenue $380.4 million, net income $39.1 million, EPS $0.33.

“as expressly set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- THE BALDWIN GROUP ANNOUNCES FIRST QUARTER 2024 RESULTS - Total Revenue Growth of 15% to $380.4 Million; Organic Revenue Growth (1) of 16% - - Net Income of $39.1 Million and Diluted Earnings Per Share of $0.33; Adjusted Diluted EPS (2) Growth of 33% to $0.56 - - Adjusted EBITDA”
SRTA Strata Critical Medical, Inc.

Strata Critical Medical, Inc. updated its the first quarter ended March 31, 2024 guidance (reaffirmed).

“On May 7, 2024, Blade Air Mobility, Inc. (“Blade”) issued a press release announcing its financial results for the first quarter ended March 31, 2024.”
Danimer Scientific, Inc.

Danimer Scientific, Inc. reported first quarter ended March 31, 2024 results: revenue $10.2 million. Guidance reaffirmed.

“new avenue to improve our balance sheet leverage, strengthen our capital structure and maximize stockholder value.” First Quarter 2024 Financial Highlights: • Revenues were $10.2 million in the first quarter of 2024 compared to revenue of $11.9 million in the first quarter of 2023. While PHA revenue increased by $3.2 million in the quarter as compared with the”
CURI CuriosityStream Inc.

CuriosityStream Inc. reported the second quarter of 2024 results: revenue Revenue within the range of $12.0 - $13.0 million. Guidance initiated.

“CuriosityStream expects the following for the second quarter of 2024: • Revenue within the range of $12.0 - $13.0 million”
CURI CuriosityStream Inc.

CuriosityStream Inc. reported the first quarter ended March 31, 2024 results: revenue $12.0 million, net income Net loss of $5.0 million.

“believe our dividend program, which is being paid from surplus cash, underscores our positive trajectory for 2024 and beyond." First Quarter 2024 Financial Results • Revenue of $12.0 million, compared to $12.4 million in the first quarter of 2023; • Gross profit of $5.3 million, compared to $3.4 million in the first quarter of 2023; • Total advertising and marketing”
GO Grocery Outlet Holding Corp.

Grocery Outlet Holding Corp. reported the first quarter of fiscal 2024 ended March 30, 2024 results: revenue $1.04 billion, net income $(0.01) per share, EPS $(0.01) per share. Guidance reaffirmed.

“for the first quarter of fiscal 2024 ended March 30, 2024. Highlights for First Quarter Fiscal 2024 as compared to First Quarter Fiscal 2023: • Net sales increased by 7.4% to $1.04 billion. • Comparable store sales increased by 3.9%, driven by a 7.0% increase in the number of transactions, partially offset by a 2.9% decrease in average transaction size. • The”
AOMR Angel Oak Mortgage REIT, Inc.

Angel Oak Mortgage REIT, Inc. reported the quarter ended March 31, 2024 results: net income $12.9 million, EPS $0.51 per diluted share.

“Q1 2024 GAAP net income of $12.9 million, or $0.51 per diluted share of common stock.”
MEC Mayville Engineering Company, Inc.

Mayville Engineering Company, Inc. reported the three-months ended March 31, 2024 results: revenue $161.3 million, net income $3.2 million, EPS $0.16 per diluted share. Guidance reaffirmed.

“end markets, today announced results for the three-months ended March 31, 2024. FIRST QUARTER 2024 RESULTS (All comparisons versus the prior-year period) ​ ● Net sales of $161.3 million, or +13.1% y/y, including organic growth of 3.3% y/y ● Net income of $3.2 million, or $0.16 per diluted share, an increase of 26% y/y, or $0.04 per diluted share ● Non-GAAP”
PSTL Postal Realty Trust, Inc.

Postal Realty Trust, Inc. reported the quarter ended March 31, 2024 results: revenue 14% growth in revenues from first quarter 2023 to first quarter 2024, net income Net income attributable to common shareholders of $0.2 million, or $(0.01) per diluted share, EPS $(0.01) per diluted share. Guidance reaffirmed.

“Postal Realty Trust, Inc. (the “Company”) issued a press release on May 7, 2024 announcing its financial results for the quarter ended March 31, 2024.”
LYFT Lyft, Inc.

Lyft, Inc. reported the quarter ended March 31, 2024 results: revenue $1.3 billion, net income Net loss of $31.5 million. Guidance raised.

“with an improved outlook for our full-year free cash flow.” First Quarter 2024 Financial Highlights: • Gross Bookings of $3.7 billion was up 21% year-over-year. • Revenue of $1.3 billion was up 28% year-over-year. • Net loss of $31.5 million compares with $187.6 million in Q1’23. Net loss includes $87.5 million of stock-based compensation and related payroll tax”
Luminar Technologies, Inc./DE

Luminar Technologies, Inc./DE reported financial results for first quarter ended March 31, 2024.

“On May 7, 2024, Luminar Technologies, Inc. announced its financial results for the first quarter ended March 31, 2024 by issuing a Letter to Shareholders (the “Letter”).”
ATER Aterian, Inc.

Aterian, Inc. reported first quarter ended March 31, 2024 results: revenue $20.2 million, net income ($5.2) million. Guidance reaffirmed.

“(“Aterian” or the “Company”) today announced results for the first quarter ended March 31, 2024. First Quarter Highlights ● First quarter 2024 net revenue declined 42.0% to $20.2 million, compared to $34.9 million in the first quarter of 2023. ● First quarter 2024 gross margin improved to 65.1%, compared to 54.8% in the first quarter of 2023, primarily reflecting”
AAWH Ascend Wellness Holdings, Inc.

Ascend Wellness Holdings, Inc. reported Q1 2024 (three months ended March 31, 2024) results: revenue $142.4 million, net income Net loss of $18.2 million.

“Q1 2024 Financial Highlights • Gross revenue increased 23.4% year-over-year and 0.6% quarter-over-quarter to $174.2 million. • Net revenue, which excludes intercompany sales of wholesale products, increased 24.7% year-over-year and 1.6% quarter-over-quarter to $142.4 million. • Retail revenue increased 15.1% year-over-year and decreased 2.2% quarter-over-quarter to $95.2 million. • Gross wholesale revenue increased 35.2% year-over-year and 4.2% quarter-over-quarter to $79.0 million. Wholesale revenue, net of intercompany sales, increased 50.2% year-over-year and 10.2% quarter-over-quarter to $47.2 million. • Net loss of $18.2 million during the quarter compared to $18.5 million in Q1 2023.”
RVLV Revolve Group, Inc.

Revolve Group, Inc. reported first quarter ended March 31, 2024 results: revenue $270,581, net income $10,873, EPS $0.15.

“with the next-generation consumer.” First Quarter 2024 Financial Summary Three Months Ended March 31, 2024 2023 YoY Change (in thousands, except percentages) Net sales $ 270,581 $ 279,609 (3%) Gross profit $ 141,502 $ 139,220 2% Gross margin 52.3 % 49.8 % Net income $ 10,873 $ 14,172 (23%) Adjusted EBITDA (non-GAAP financial measure) $ 13,267 $ 15,010”
BEAM Beam Therapeutics Inc.

Beam Therapeutics Inc. reported first quarter 2024 results: net income ($98.7 million), EPS ($1.21).

“Net loss was $98.7 million for the first quarter of 2024, or $1.21 per share, compared to $96.5 million for the first quarter of 2023, or $1.33 per share.”
DIS Walt Disney Co

Walt Disney Co reported second quarter ended March 30, 2024 results: revenue $22.1 billion, EPS $1.21.

“Calif. – The Walt Disney Company today reported earnings for its second quarter ended March 30, 2024. Financial Results for the Quarter: • Revenues for the quarter increased to $22.1 billion from $21.8 billion in the prior-year quarter. • Diluted earnings per share (EPS) was a loss of $0.01 for the current quarter compared to income of $0.69 in the prior-year”
SNCY Sun Country Airlines Holdings, Inc.

Sun Country Airlines Holdings, Inc. reported the fiscal quarter ended March 31, 2024 results: revenue $311.5 million, net income $35.3 million, EPS $0.64.

“such filings, unless expressly incorporated by specific reference in such filing. --- EX-99.1 (EX-99.1) --- Sun Country Airlines Reports First Quarter 2024 Results Revenue of $311 million, highest first quarter on record (1) GAAP diluted EPS of $0.64 and operating income of $55 million Adj. diluted EPS (2) of $0.66 and adjusted operating income (2) of $57 million”
CRSR Corsair Gaming, Inc.

Corsair Gaming, Inc. reported the first quarter ended March 31, 2024 results: revenue $337.3 million, net income Net loss attributable to common shareholders was $12.5 million, EPS net loss of $0.12 per diluted share.

“First Quarter 2024 Select Financial Metrics • Net revenue was $337.3 million compared to $417.3 million in the fourth quarter of 2023 and $354.0 million in the first quarter of 2023. Gaming Components and Systems segment net revenue was $230.3 million compared to $280.5 million in the fourth quarter of 2023 and $265.0 million in the first quarter of 2023, while Gamer and Creator Peripherals segment net revenue was $107.0 million compared to $136.8 million in the fourth quarter of 2023 and $88.9 million in the first quarter of 2023. • Net loss attributable to common shareholders was $12.5 million, or net loss of $0.12 per diluted share, compared to net income of $6.2 million, or net income of $0.06 per diluted share, in the fourth quarter of 2023 and a net loss of $1.1 million, or a net loss of $0.01 per diluted share, in the first quarter of 2023.”
ZNTL Zentalis Pharmaceuticals, Inc.

Zentalis Pharmaceuticals, Inc. reported financial results for the quarter ended March 31, 2024.

“On May 7, 2024, Zentalis Pharmaceuticals, Inc. (the "Company") announced its financial results for the quarter ended March 31, 2024 and commented on certain business updates.”
KLXE KLX Energy Services Holdings, Inc.

KLX Energy Services Holdings, Inc. reported first quarter ended March 31, 2024 results: revenue $175 million, net income $(22) million, EPS $(1.38).

“today reported financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights • Revenue of $175 million • Net loss of $(22) million and diluted loss per share of $(1.38)”
ALAB Astera Labs, Inc.

Astera Labs, Inc. reported the first quarter of fiscal 2024, ended March 31, 2024 results: revenue $65.3 million, net income $93.0 million, EPS ($1.77). Guidance initiated.

“--- IR CONTACT: Leslie Green leslie.green@asteralabs.com Astera Labs Announces Financial Results for the First Quarter of Fiscal Year 2024 • Record quarterly revenue of $65.3 million driven by expanding AI infrastructure build-out, up 29% QoQ and up 269% YoY • Sampling third generation Aries Smart DSP Retimers for PCIe 6.x connectivity to leading AI platform”
Nikola Corp

Nikola Corp reported the quarter ended March 31, 2024 results: revenue $ 7,497, net income $ (147,722), EPS $ (0.11).

“Quarter Financial Highlights Three Months Ended March 31, (In thousands, except share and per share data) 2024 2023 Trucks produced 43 63 Trucks shipped 40 31 Total revenues $ 7,497 $ 10,677 Gross profit (loss) $ (57,575) $ (22,697) Gross margin (768) % (213) % Loss from operations $ (145,363) $ (127,200) Net loss from continuing operations $ (147,722) $”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.