secwatch / observer

Earnings Releases

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

8-K items 2.02 JSON
ATH-PA Athene Holding Ltd.

Athene Holding Ltd. reported financial results for first quarter ended March 31, 2024.

“On May 7, 2024, Athene Holding Ltd. (the “Company”) made available on its website the Company’s financial supplement for the first quarter ended March 31, 2024, furnished as Exhibit 99.1 hereto and incorporated by reference in this Item 2.02.”
GNL Global Net Lease, Inc.

Global Net Lease, Inc. reported the quarter ended March 31, 2024 results: revenue $206.0 million, net income Net loss attributable to common stockholders was $34.7 million, EPS Net loss per diluted common share $ (0.15). Guidance reaffirmed.

“located commercial real estate properties, announced today its financial and operating results for the quarter ended March 31, 2024. First Quarter 2024 Highlights • Revenue was $206.0 million compared to $206.7 million in fourth quarter • Net loss attributable to common stockholders was $34.7 million, compared to net loss of $59.5 million in fourth quarter 2023 • Core”
USAC USA Compression Partners, LP

USA Compression Partners, LP reported financial results for first-quarter 2024.

“On May 7, 2024, USA Compression Partners, LP issued a press release with respect to its financial and operating results for first-quarter 2024.”
MQ Marqeta, Inc.

Marqeta, Inc. reported the first quarter ended March 31, 2024 results: revenue $118 million, net income $36 million.

“Marqeta reported Net Revenue of $118 million, a decrease of 46% year over year”
BAND Bandwidth Inc.

Bandwidth Inc. updated its first quarter ended March 31, 2024 guidance (raised).

“On May 7, 2024, the Company issued a press release reporting its financial results for the first quarter ended March 31, 2024.”
KOS Kosmos Energy Ltd.

Kosmos Energy Ltd. reported the first quarter of 2024 results: revenue $419 million, net income $92 million, EPS $0.19 per diluted share.

“KOSMOS ENERGY ANNOUNCES FIRST QUARTER 2024 RESULTS DALLAS--(BUSINESS WIRE)—May 7, 2024-- Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today its financial and operating results for the first quarter of 2024. For the quarter, the Company generated a net income of $92 million, or $0.19 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net income (1) of $99 million, or $0.21 per diluted share for the first quarter of 2024. FIRST QUARTER 2024 HIGHLIGHTS • Net Production (2) : ~66,700 barrels of oil equivalent per day (boepd), representing ~13% growth year over year, with sales of ~62,600 boepd • Revenues: $419 million, or $73.52 per boe (excluding the impact of derivative cash settlements) • Production expense: $94 million, or $16.42 per boe • Capital expenditures: $286 million • Successfully completed convertible bond issuance, enhancing liquidity and paying down higher interest floatin”
NUWE Nuwellis, Inc.

Nuwellis, Inc. reported the first quarter ended March 31, 2024 results: revenue $1.9 million, net income $3.8 million, EPS a loss of $0.60 per basic and diluted common share.

“company focused on transforming the lives of people with fluid overload, today reported financial results for the first quarter ended March 31, 2024. Highlights: • Revenue of $1.9 million, a 2% increase over the prior-year period. • Consumables sales, representing 82% of total revenue, grew 11% year-over-year. • Pediatric revenue growth of 40% year over year led”
QTRX Quanterix Corp

Quanterix Corp reported first quarter ended March 31, 2024 results: revenue $32.1 million. Guidance reaffirmed.

“to study and enable the early detection of neuro-pathologies such as Multiple Sclerosis, Parkinson’s, and Alzheimer’s disease.” First Quarter Financial Highlights ● Revenue of $32.1 million, an increase of 12.7% compared to $28.5 million in the prior year period. ● GAAP gross margin of 61.2%, an increase of approximately 170 basis points compared to the prior year”
XFOR X4 Pharmaceuticals, Inc

X4 Pharmaceuticals, Inc reported for the first quarter ended March 31, 2024 results: net income $51.8 million.

“X4 reported a net loss of $51.8 million for the first quarter ended March 31, 2024”
GPRO GoPro, Inc.

GoPro, Inc. reported first quarter ended March 31, 2024 results: revenue $155 million, net income GAAP net loss was $339 million, EPS $2.24 loss per share.

“Act”), except as may be expressly set forth by specific reference in such filing or document. --- EX-99.1 (EX-99.1) --- GoPro Announces First Quarter Results Revenue of $155 million was 7% Above Guidance GoPro Subscribers Grew 6% Year-over-Year to 2.5 million Subscription and Service Revenue was $26 million, up 12% Year-over-Year SAN MATEO, Calif., May 7,”
Squarespace, Inc.

Squarespace, Inc. reported first quarter ended March 31, 2024 results: revenue $281.1 million, net income $0.1 million, EPS $0.00. Guidance raised.

“globally. We raise our FY24 guidance today based on the strength we see in the business.” First Quarter 2024 Financial Highlights • Total revenue grew 19% year over year to $281.1 million in the first quarter, compared with $237.0 million in the first quarter of 2023, and 18% in constant currency. ◦ Presence revenue grew 22% year over year to $200.9 million and”
PAYS Paysign, Inc.

Paysign, Inc. reported the fiscal quarter ended March 31, 2024 results: revenue $13.2 million, net income $309 thousand, EPS $0.01.

“First quarter 2024 total revenues of $13.2 million”
LAND GLADSTONE LAND Corp

GLADSTONE LAND Corp reported the first quarter ended March 31, 2024 results: net income approximately $13.6 million, EPS $0.21 per share.

“On May 7, 2024, Gladstone Land Corporation issued a press release announcing its financial results for the first quarter ended March 31, 2024.”
TBCH Turtle Beach Corp

Turtle Beach Corp reported first quarter ended March 31, 2024 results: revenue $55.8 million, net income $0.2 million, or $0.01 per diluted share, EPS $0.01 per diluted share.

“a leading gaming accessories brand, today reported financial results for the first quarter ended March 31, 2024. First Quarter Summary vs Year-Ago Quarter: • Net revenue was $55.8 million, an increase of 8.6% compared to $51.4 million a year ago; • Net income was $0.2 million, or $0.01 per diluted share, compared to net loss of $6.7 million, or $0.40 per diluted”
ELMD Electromed, Inc.

Electromed, Inc. reported the three months ended March 31, 2024 results: revenue $13.9 million, net income $1,493,000, EPS $0.17 per diluted share.

“Net revenues increased 15% to a record $13.9 million in Q3 FY 2024, from $12.1 million in the third quarter of the prior fiscal year. ● Gross margins were 75% of net revenues in the third quarters of both the current and prior fiscal years. ● Operating income increased by 54% to $1,841,000 or 13% of revenue, compared with $1,196,000 or 10% of revenue in the third quarter of the prior fiscal year. ● Net income was $1,493,000 for the quarter, or $0.17 per diluted share, compared to $1,075,000, or $0.12 per diluted share in the third quarter of the prior fiscal year.”
AMRC Ameresco, Inc.

Ameresco, Inc. reported for the quarter ended March 31, 2024 results: revenue $298.4 million, net income Net loss attributable to common shareholders of $2.9 million, EPS ($0.06). Guidance reaffirmed.

“45% Y/Y Growth in Contracted Backlog Over 750 MWe Ameresco Owned Energy Assets in Development Reaffirms 2024 Guidance First Quarter 2024 Financial Highlights: • Revenues of $298.4 million • Net loss attributable to common shareholders of $2.9 million • GAAP EPS of ($0.06) • Non-GAAP EPS of ($0.10) • Adjusted EBITDA of $30.8 million FRAMINGHAM, MA – May 7, 2024 –”
VPG Vishay Precision Group, Inc.

Vishay Precision Group, Inc. reported first quarter of fiscal 2024 results: revenue $80.8 million, net income $5.9 million, EPS $0.44 per diluted share.

“measurement and sensing technologies, today announced its results for its 2024 first fiscal quarter ended March 30, 2024. First Fiscal Quarter Highlights: • Revenues of $80.8 million decreased 9.1% from a year ago. • Gross profit margin was 43.4%, as compared to 41.9% reported a year ago. • Operating margin was 8.6%, as compared to 11.2% reported a year ago.”
CHRD Chord Energy Corp

Chord Energy Corp reported first quarter 2024 results: net income $199.4MM.

“Chord Energy Corporation (the "Company") announced its financial and operating results for the quarter ended March 31, 2024.”
ADPT Adaptive Biotechnologies Corp

Adaptive Biotechnologies Corp updated its full year 2024 guidance (lowered).

“Adaptive Biotechnologies expects full year revenue for the MRD business to be between $135 million and $140 million, updated from the previous range between $130 million and $140 million.”
ADPT Adaptive Biotechnologies Corp

Adaptive Biotechnologies Corp reported quarter ended March 31, 2024 results: revenue $41.9 million, net income $47.5 million loss.

“First Quarter 2024 Financial Results Revenue was $41.9 million for the quarter ended March 31, 2024, representing an 11% increase from the first quarter in the prior year. MRD revenue was $32.6 million for the quarter, representing a 52% increase from the first quarter in the prior year. Immune Medicine revenue was $9.2 million for the quarter, representing a 43% decrease from the first quarter in the prior year. Operating expenses were $90.6 million for the first quarter of 2024, compared to $94.8 million in the first quarter of the prior year, representing a decrease of 4%. MRD operating expenses were $59.9 million for the quarter, representing a 7% increase from the first quarter in the prior year. Immune Medicine operating expenses were $23.8 million for the quarter, representing a 25% decrease from the first quarter in the prior year. Interest and other income, net was $4.2 million for the first quarter of 2024, compared to $3.0 million in the first quarter of the prior year. Inte”
OTTR Otter Tail Corp

Otter Tail Corp reported 2024 results: EPS a range of $6.23 to $6.53. Guidance raised.

“We are increasing our 2024 diluted earnings per share guidance to a range of $6.23 to $6.53 from our initial range of $5.13 to $5.43 due primarily to stronger than expected Plastics segment performance.”
OTTR Otter Tail Corp

Otter Tail Corp reported the quarter ended March 31, 2024 results: EPS $1.77 per share.

“Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended March 31, 2024.”
CGTX COGNITION THERAPEUTICS INC

COGNITION THERAPEUTICS INC reported first quarter ended March 31, 2024 results: net income $9.2 million, EPS $(0.27) per basic and diluted share.

“The Company reported a net loss of $9.2 million, or $(0.27) per basic and diluted share for the first quarter ended March 31, 2024”
TWLO TWILIO INC

TWILIO INC updated its the quarter ended March 31, 2024 guidance (raised).

“On May 7, 2024, Twilio Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended March 31, 2024.”
NEVRO CORP

NEVRO CORP updated its full-year 2024 guidance (raised).

“reaffirming our revenue guidance of $435 million to $445 million for the full-year 2024”
NEVRO CORP

NEVRO CORP reported first quarter 2024 results: revenue $101.9 million, net income loss of $35.8 million.

“Worldwide revenue grew to $101.9 million, an increase of 5.8% as reported and 5.6% on a constant currency basis.”
ESPR Esperion Therapeutics, Inc.

Esperion Therapeutics, Inc. reported first quarter ended March 31, 2024 results: revenue $137.7 million.

“Esperion Reports First Quarter 2024 Financial Results – Q1 Total Revenue Grew 467% Y/Y to $137.7 Million”
LOPE Grand Canyon Education, Inc.

Grand Canyon Education, Inc. reported the quarter ended March 31, 2024 results: revenue $274.7 million, net income $68.0 million, EPS $2.29.

“1 Grand Canyon Education, Inc. Reports First Quarter 2024 Results ​ For the three months ended March 31, 2024: ​ ● S ervice revenue for the three months ended March 31, 2024 was $274.7 million, an increase of $24.6 million, or 9.8%, as compared to service revenue of $250.1 million for the three months ended March 31, 2023. The increase year over year in service revenue”
Olo Inc.

Olo Inc. reported first quarter ended March 31, 2024 results: revenue $66.5 million, net income $2.4 million, EPS $0.01 per share.

“personalized guest experiences that increase sales and grow guest lifetime value.” First Quarter Financial and Other Highlights • Total revenue increased 27% year-over-year to $66.5 million. • Total platform revenue increased 28% year-over-year to $65.8 million. • Gross profit increased 11% year-over-year to $37.2 million, and was 56% of total revenue. • Non-GAAP”
PUBM PubMatic, Inc.

PubMatic, Inc. reported first quarter ended March 31, 2024 results: revenue $66.7 million, net income $(2.5) million, EPS $(0.05) per diluted share.

“and we believe our competitive moat is widening while our logo list continues to grow.” First Quarter 2024 Financial Highlights • Revenue in the first quarter of 2024 was $66.7 million, up 20% compared to the same period of 2023; • Net dollar-based retention 1 was 106% for the trailing twelve-months ended March 31, 2024, compared to 105% in the comparable”
STKS ONE Group Hospitality, Inc.

ONE Group Hospitality, Inc. reported first quarter ended March 31, 2024 results: revenue $85.0 million, net income $2.1 million, EPS $0.07 net loss per share.

“● Total GAAP revenues increased 3.0% to $85.0 million from $82.6 million; ● Comparable sales* decreased 7.9%; ● GAAP net loss attributable to The ONE Group was $2.1 million, or $0.07 net loss per share”
AQST Aquestive Therapeutics, Inc.

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

“Aquestive Therapeutics, Inc. (the “Company”) issued a press release announcing its reported financial results for the first quarter ended March 31, 2024 and provided an update on recent developments in its business.”
PCRX Pacira BioSciences, Inc.

Pacira BioSciences, Inc. reported first quarter ended March 31, 2024 results: revenue $167.1 million, net income $9.0 million, EPS $0.19 per share (basic and diluted).

“First Quarter 2024 Financial Highlights • Total revenues of $167.1 million • Net product sales of $132.4 million for EXPAREL, $25.8 million for ZILRETTA, and $5.0 million for iovera° • Net income of $9.0 million, or $0.19 per share (basic and diluted)”
OCUL OCULAR THERAPEUTIX, INC

OCULAR THERAPEUTIX, INC reported first quarter ended March 31, 2024 results: revenue $14.8 million, net income $(64.8) million, EPS $(0.49) per share.

“Company believes that its current cash balance is sufficient to support its planned expenses, obligations, and capital expenditure requirements into 2028. Total net revenue was $14.8 million for the first quarter of 2024, a 10.4% increase over total net revenue of $13.4 million in the comparable period in 2023, driven by increased DEXTENZA sales. Total net revenue”
PROS Holdings, Inc.

PROS Holdings, Inc. reported first quarter ended March 31, 2024 results: revenue $80.7, net income $(11.4), EPS $(0.24).

“noted, all results are on a reported basis and are compared with the prior-year period. GAAP Non-GAAP Q1 2024 Q1 2023 Change Q1 2024 Q1 2023 Change Revenue: Total Revenue $80.7 $73.2 10% n/a n/a n/a Subscription Revenue $64.3 $56.0 15% n/a n/a n/a Subscription and Maintenance Revenue $67.9 $61.7 10% n/a n/a n/a Profitability: Gross Profit $51.9 $43.6 19%”
AOSL ALPHA & OMEGA SEMICONDUCTOR Ltd

ALPHA & OMEGA SEMICONDUCTOR Ltd reported fiscal third quarter of 2024 ended March 31, 2024 results: revenue $150.1, net income ($11.2), EPS ($0.39) per share - diluted.

“GAAP Financial Comparison Quarterly (in millions, except percentage and per share data) (unaudited) Three Months Ended March 31, 2024 December 31, 2023 March 31, 2023 Revenue $ 150.1 $ 165.3 $ 132.6 Gross Margin 23.7 % 26.6 % 23.2 % Operating Loss $ (10.5) $ (1.1) $ (14.4) Net Loss $ (11.2) $ (2.9) $ (18.9) Net Loss Per Share - Diluted $ (0.39) $ (0.10) $”
RNG RingCentral, Inc.

RingCentral, Inc. reported first quarter ended March 31, 2024 results: revenue $584 million, EPS ($0.31). Guidance raised.

“event solutions, today announced financial results for the first quarter ended March 31, 2024. First Quarter Financial Highlights • Total revenue increased 9% year-over-year to $584 million. • Subscriptions revenue increased 10% year-over-year to $557 million. • Annualized Exit Monthly Recurring Subscriptions (ARR) increased 10% year over year to $2.37 billion. •”
VCYT VERACYTE, INC.

VERACYTE, INC. reported first quarter ended March 31, 2024 results: revenue $96.8 million, net income $1.9 million, EPS $0.02.

“EX-99.1 (EX-99.1 PRESS RELEASE 05.07.2024) --- PRESS RELEASE 05.07.2024 Document Exhibit 99.1 Veracyte Announces First Quarter 2024 Financial Results Grew total revenue to $96.8 million, an increase of 17% Grew testing revenue by 25% Conference call and webcast today at 4:30 p.m. ET SOUTH SAN FRANCISCO, Calif., May 7, 2024 --- Veracyte, Inc. (Nasdaq: VCYT) today”
Redfin Corp

Redfin Corp reported first quarter ended March 31, 2024 results: revenue $225.5 million, net income Net loss was $66.8 million, EPS $0.57.

“First quarter revenue was $225.5 million, an increase of 5% compared to the first quarter of 2023.”
BBDC Barings BDC, Inc.

Barings BDC, Inc. reported financial results for first quarter of 2024.

“On May 7, 2024, Barings BDC, Inc. (the “Company” or “Barings BDC”) issued a press release announcing its financial results for the quarter ended March 31, 2024.”
PRTS CarParts.com, Inc.

CarParts.com, Inc. reported the first quarter ended March 30, 2024 results: revenue Net sales decreased to $166.3 million, net income Net loss was ($6.5) million, EPS ($0.11) per share. Guidance lowered.

“vehicle repair and maintenance needs, is reporting results for the first quarter ended March 30, 2024. First Quarter 2024 Summary vs. Year-Ago Quarter ● Net sales decreased to $166.3 million, down 5% from the year-ago quarter. ● Gross profit of $53.9 million vs. $62.6 million, with gross margin of 32.4%. ● Net loss was ($6.5) million, or ($0.11) per share, compared”
PTGX Protagonist Therapeutics, Inc

Protagonist Therapeutics, Inc reported first quarter ended March 31, 2024 results: revenue $255.0 million, net income $207,340 thousand, EPS $3.26 per diluted share.

“) Basic earnings (loss) per share $ 3.41 $ (0.67 ) Diluted earnings (loss) per share $ 3.26 $ (0.67 ) · License and Collaboration Revenue : License and collaboration revenue of $255.0 million for March 31, 2024 consisted of: (i) $254.1 million of the $300.0 million transaction price for the Takeda Collaboration Agreement allocated to the rusfertide license delivered”
Great Lakes Dredge & Dock CORP

Great Lakes Dredge & Dock CORP reported the first quarter ended March 31, 2024 results: revenue $198.7 million, net income $21.0 million.

“provider of dredging services in the United States, today reported financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights Revenue was $198.7 million Total operating profit was $31.5 million Net income was $21.0 million Adjusted EBITDA was $42.9 million Management Commentary Lasse Petterson, President and Chief Executive”
SD SANDRIDGE ENERGY INC

SANDRIDGE ENERGY INC reported the three-month period ended March 31, 2024 results: net income $11.1 million, EPS $0.30 per basic share.

“First quarter net income was $11.1 million, or $0.30 per basic share.”
Spirit AeroSystems Holdings, Inc.

Spirit AeroSystems Holdings, Inc. reported three month period ended March 28, 2024 results: revenue $1.7 billion, net income ($617) million, EPS ($5.31); Adjusted EPS* of ($3.93).

“--- Spirit AeroSystems Holdings, Inc. 3801 S. Oliver Wichita, KS 67210 www.spiritaero.com Spirit AeroSystems Reports First Quarter 2024 Results First Quarter 2024 • Revenues of $1.7 billion • EPS of $(5.31); Adjusted EPS* of $(3.93) • Cash used in operations of $416 million; Free cash flow* usage of $444 million • Currently engaged in discussions with Boeing on the”
DEI Douglas Emmett Inc

Douglas Emmett Inc reported the quarter ended March 31, 2024 results: revenue $245.0 million, net income $8.9 million, or net income of $0.05 per diluted share. Guidance reaffirmed.

“submarkets of Los Angeles and Honolulu. Quarterly Results: For the quarter ended March 31, 2024 compared to the quarter ended March 31, 2023: • Our revenues decreased by 2.9% to $245.0 million, as increased revenue from new residential units, higher in-place office rents and increased parking revenue were more than offset by lower office occupancy, lower tenant”
ALGT Allegiant Travel CO

Allegiant Travel CO reported financial results for the quarter ended March 31, 2024.

“On May 7, 2024, Allegiant Travel Company (the “Company”) issued the press release attached as Exhibit 99.1 to this Form 8-K concerning our results of operations for the quarter ended March 31, 2024.”
HR Healthcare Realty Trust Inc

Healthcare Realty Trust Inc reported first quarter ended March 31, 2024 results: net income $(310.8) million, EPS $(0.82) per diluted common share. Guidance reaffirmed.

“Net (loss) income attributable to common stockholders for the three months ended March 31, 2024 was $(310.8) million, or $(0.82) per diluted common share.”
ATEC Alphatec Holdings, Inc.

Alphatec Holdings, Inc. reported the fiscal year ended December 31, 2024 results: revenue $601 million. Guidance raised.

“For the fiscal year ended December 31, 2024, the Company now expects total revenue to grow 25% to $601 million compared to the previous expectation of $595 million. This includes surgical revenue of $536 million and EOS revenue of $65 million. The Company now expects non-GAAP adjusted EBITDA of approximately $23 million compared to the previous expectation of $22 million.”

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.