secwatch / observer

Earnings Releases

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

8-K items 2.02 JSON
SIGA SIGA TECHNOLOGIES INC

SIGA TECHNOLOGIES INC reported three months ended March 31, 2024 results: revenue $ 25.4, net income $ 10.3, EPS $ 0.14.

“Summary Financial Results ($ in millions, except per share amounts) Three Months Ended March 31 2024 2023 Product sales (1) $ 23.9 $ 5.7 Total revenues $ 25.4 $ 8.3 Operating income (loss) (2) $ 11.3 $ (2.1 ) Income (loss) before income taxes (2) $ 13.2 $ (1.2 ) Net income (loss) $ 10.3 $ (0.9 ) Diluted income (loss) per share $ 0.14 $ (0.01 )”
VATE INNOVATE Corp.

INNOVATE Corp. reported the quarter ended March 31, 2024 results: revenue $315.2 million, net income $17.7 million, EPS $0.22 per fully diluted share.

“stockholders $ (0.22) $ (0.13) (69.2) % Total Adjusted EBITDA (1) $ 12.8 $ 4.9 161.2 % (1) Reconciliation of GAAP to Non-GAAP measures follows Commentary “INNOVATE delivered $315.2 million in revenue in the first quarter as the three business segments experienced a strong start to 2024,” said Avie Glazer, Chairman of INNOVATE. “Infrastructure's first quarter top”
EPM EVOLUTION PETROLEUM CORP

EVOLUTION PETROLEUM CORP reported third quarter ended March 31, 2024 results: revenue $23.0 million, net income $0.3 million, or $0.01 per diluted share.

“Reported current quarter revenue of $23.0 million and net income of $0.3 million, or $0.01 per diluted share”
WAT WATERS CORP /DE/

WATERS CORP /DE/ reported financial results for the quarter ended March 30, 2024.

“Waters Corporation (“Waters” or the “Company”) announced its results of operations for the quarter ended March 30, 2024.”
HSIC HENRY SCHEIN INC

HENRY SCHEIN INC reported the first quarter ended March 30, 2024 results: revenue $3.2 billion, net income $93 million, EPS $0.72 per diluted share.

“incident and a strong pipeline of new specialty products and software innovation.” Mr. Bergman added. First-Quarter 2024 Financial Results ● Total net sales for the quarter were $3.2 billion, an increase of 3.7% compared with the first quarter of 2023. Internal sales decreased 1.8% 1 which includes: ● an approximate 300 to 400 basis points decrease in sales from the”
TIAA REAL ESTATE ACCOUNT

TIAA REAL ESTATE ACCOUNT reported financial results for Quarter Ended March 31, 2024.

“TIAA REAL ESTATE ACCOUNT Quarterly Performance Analysis Quarter Ended March 31, 2024”
NNBR NN INC

NN INC reported first quarter ended March 31, 2024 results: revenue $121.2 million, net income Net loss was $12.5 million, EPS $0.08 per diluted share. Guidance reaffirmed.

“first quarter ended March 31, 2024. Highlights • Strategic transformation program drove another quarter of improved results, 3 rd quarter in a row; • First quarter net sales of $121.2 million, down 4.6% versus prior year, driven largely by rationalized volume; • First quarter operating loss of $4.8 million, an improvement of $2.3 million versus prior year; • First”
IART INTEGRA LIFESCIENCES HOLDINGS CORP

INTEGRA LIFESCIENCES HOLDINGS CORP reported the quarter ended March 31, 2024 results: revenue $368.9 million, net income $(3.3) million, EPS $(0.04) per diluted share. Guidance raised.

“Total reported revenues of $368.9 million declined 3.1% on a reported basis and declined 2.5% on an organic basis compared to the prior year. Organic growth excluding Boston was 1.6%. Revenue exceeded the outlook the Company provided in February. The Company reported GAAP gross margin of 56.1%, compared to 61.1% in the first quarter of 2023. Adjusted gross margin was 64.4%, compared to 67.3% in the prior year. Adjusted EBITDA for the first quarter of 2024 was $71.8 million, or 19.5% of revenue, compared to $92.3 million, or 24.2% of revenue, in the prior year. The Company reported a GAAP net loss of $(3.3) million, or $(0.04) per diluted share, in the first quarter of 2024, compared to a GAAP net income of $24.2 million, or $0.29 per diluted share, in the prior year.”
MASONITE INTERNATIONAL CORP

MASONITE INTERNATIONAL CORP reported the three months ended March 31, 2024 results: revenue $668, net income $61, EPS $2.74.

“or the "Company") (NYSE: DOOR) today announced results for the three months ended March 31, 2024. ($ in millions, except per share amounts) 1Q24 1Q23 % Change Net sales $668 $726 (8%) Net income attributable to Masonite $61 $38 +59% % of net sales 9.1% 5.3% +380 bps Diluted earnings per share $2.74 $1.71 +60% Adjusted EPS* $1.29 $1.88 (31%) Adjusted”
Air Transport Services Group, Inc.

Air Transport Services Group, Inc. reported the first quarter ended March 31, 2024 results: revenue $486 million, EPS $0.13. Guidance raised.

“ATSG Reports First Quarter 2024 Results Raises 2024 Financial Outlook Expands and Extends Flying Agreement with Amazon WILMINGTON, OH, May 6, 2024 - Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body freighter aircraft leasing, contracted air transportation, and related services, today reported consolidated financial results for the first quarter ended March 31, 2024. Those results, as compared with the same period in 2023, were as follows: First Quarter Results • Revenues $486 million, down 3% • GAAP Earnings per Share (diluted) from Continuing Operations $0.13, down $0.12”
BCRX BIOCRYST PHARMACEUTICALS INC

BIOCRYST PHARMACEUTICALS INC reported the first quarter ended March 31, 2024 results: revenue $92.8 million, net income $35.4 million, EPS $0.17 per share. Guidance raised.

“said Dr. Helen Thackray, chief research and development officer of BioCryst. First Quarter 2024 Financial Results For the three months ended March 31, 2024, total revenues were $92.8 million, compared to $68.8 million in the first quarter of 2023 (+34.9 percent y-o-y). The increase was primarily due to $88.9 million in ORLADEYO net revenue in the first quarter of”
NHI NATIONAL HEALTH INVESTORS INC

NATIONAL HEALTH INVESTORS INC reported three months ended March 31, 2024 results: EPS $0.71. Guidance raised.

“Net income attributable to common stockholders per diluted common share for the three months ended March 31, 2024 was $0.71 compared to $0.79 during the same period in the prior year.”
VRTX VERTEX PHARMACEUTICALS INC / MA

VERTEX PHARMACEUTICALS INC / MA reported full year 2024 results: revenue 10.55 to 10.75 billion. Guidance reaffirmed.

“Vertex today reiterated its full year 2024 financial guidance, including product revenue guidance of $10.55 to $10.75 billion.”
VRTX VERTEX PHARMACEUTICALS INC / MA

VERTEX PHARMACEUTICALS INC / MA reported first quarter ended March 31, 2024 results: revenue 2.69 billion.

“as shall be expressly set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- Vertex Reports First Quarter 2024 Financial Results — Product revenue of $2.69 billion, a 13% i ncrease compared to Q1 2023; reiterated full year 2024 financial guidance, including product revenue guidance of $10.55 to $10.75 billion — — Submitted NDA and MAA”
OSG OCTAVE SPECIALTY GROUP INC

OCTAVE SPECIALTY GROUP INC reported the quarter ended March 31, 2024 results: net income Net income of $20 million, EPS $0.43 per diluted share.

“Ambac Financial Group, Inc. issued a press release announcing financial results for its first quarter ended March 31, 2024”
STRL STERLING INFRASTRUCTURE, INC.

STERLING INFRASTRUCTURE, INC. reported the three months ended March 31, 2024 results: revenue $440.4 million, net income $31.0 million, or $1.00 per diluted share, EPS $1.00 per diluted share. Guidance raised.

“financial results for the first quarter 2024. The financial comparisons herein are to the prior year quarter, unless otherwise noted. First Quarter 2024 Results • Revenues of $440.4 million, an increase of 9% • Gross margin of 17.5%, an increase from 15.3% • Net Income of $31.0 million, or $1.00 per diluted share, an increase of 58% and 56%, respectively • EBITDA”
ACM AECOM

AECOM reported second quarter fiscal 2024 results: revenue $ 3,944, net income $ 111, EPS $ 0.81. Guidance raised.

“Second Quarter Fiscal 2024 (from Continuing Operations; $ in millions, except EPS) As Reported Adjusted 1 (Non-GAAP) As Reported YoY % Change Adjusted YoY % Change Revenue $ 3,944 -- 13 % -- Net Service Revenue (NSR) 2 -- $ 1,820 -- 8 % Operating Income $ 200 $ 240 2 % 13 % Segment Operating Margin 3 -- 15.1 % -- +70 bps Net Income $ 111 $ 142 (6 )% 10 %”
MCHP MICROCHIP TECHNOLOGY INC

MICROCHIP TECHNOLOGY INC reported financial results for fourth quarter and fiscal year 2024.

“On May 6, 2024, we announced the results of our operations for the fourth quarter and fiscal year 2024. The complete release is attached to this report as Exhibit 99.1.”
AGM FEDERAL AGRICULTURAL MORTGAGE CORP

FEDERAL AGRICULTURAL MORTGAGE CORP reported the fiscal quarter ended March 31, 2024 results: net income $47.0 million, EPS $4.28.

“Net income attributable to common stockholders grew 17% year-over-year to $47.0 million”
COHR COHERENT CORP.

COHERENT CORP. reported financial results for quarter ended March 31, 2024.

“On May 6, 2024 Coherent Corp. (the “Company”) issued a press release (“Press Release”) announcing it will publicly disseminate a shareholder letter (the “Shareholder Letter”) with its financial results for the quarter ended March 31, 2024 (the “financial results”)”
TDC TERADATA CORP /DE/

TERADATA CORP /DE/ updated its first quarter of fiscal year 2024 guidance (reaffirmed).

“issued a press release setting forth its first quarter of fiscal year 2024 operating results as well as current outlook estimates for the second quarter of 2024 and for the full-year 2024”
TBI TrueBlue, Inc.

TrueBlue, Inc. reported first quarter ended March 31, 2024 results: revenue $403 million, net income Net loss of $2 million, EPS Net loss per diluted share was $0.05.

“First quarter revenue was $403 million, a decrease of 13 percent compared to revenue of $465 million in the first quarter of 2023. Net loss per diluted share was $0.05 compared to net loss per diluted share of $0.13 in the prior year period.”
CLDX Celldex Therapeutics, Inc.

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

“On May 6, 2024, Celldex Therapeutics, Inc. (the "Company") issued a press release announcing its financial results for the first quarter of 2024.”
NSSC NAPCO SECURITY TECHNOLOGIES, INC

NAPCO SECURITY TECHNOLOGIES, INC reported the fiscal quarter ended March 31, 2024 results: revenue $49.3 million, net income $13.2 million, EPS $0.36.

“of that section. --- EX-99.1 (EX-99.1) --- NAPCO Reports Record Revenues, Net Income and Adjusted EBITDA* for Q3 of Fiscal 2024 -Net Sales for the Quarter Increase 13% to $49.3 Million- -Net Income for the Quarter Increases 38% to $13.2 Million- -Adjusted EBITDA* for the Quarter Increases 37% to $15.6 Million- -3rd Quarter Recurring Service Revenues Increase”
O REALTY INCOME CORP

REALTY INCOME CORP reported financial results for the three months ended March 31, 2024.

“On May 6, 2024, Realty Income Corporation (the “Company”) issued a press release setting forth its results of operations for the three months ended March 31, 2024.”
L LOEWS CORP

LOEWS CORP reported first quarter of 2024 results: net income $457 million, EPS $2.05 per share.

“Loews Corporation reported net income of $457 million, or $2.05 per share, in the first quarter of 2024, which represents a 22% increase over $375 million, or $1.61 per share, in the first quarter of 2023.”
IFF INTERNATIONAL FLAVORS & FRAGRANCES INC

INTERNATIONAL FLAVORS & FRAGRANCES INC reported the first quarter ended March 31, 2024 results: revenue $2.9 B, net income $115 M, EPS $0.23. Guidance reaffirmed.

“IFF Reports First Quarter 2024 Results NEW YORK - May 6, 2024 - IFF (NYSE: IFF) reported financial results for the first quarter ended March 31, 2024. First Quarter 2024 Consolidated Summary: Reported (GAAP) Adjusted (Non-GAAP) 1 Sales Income Before Taxes EPS Operating EBITDA Operating EBITDA Margin EPS ex Amortization $2.9 B $115 M $0.23 $578 M 19.9% $1.13”
FMC FMC CORP

FMC CORP reported the three months ended March 31, 2024 results: revenue $918 million, net income net loss of $3 million, EPS loss of $0.02 per diluted share. Guidance reaffirmed.

“maintains full year outlook Significant improvement in first quarter cash from operations up $708 million versus prior year period First Quarter 2024 Highlights • Revenue of $918 million, down 32 percent versus Q1 2023 and down 31 percent organically 1 • Consolidated GAAP net loss of $3 million, down 102 percent versus Q1 2023 • Adjusted EBITDA of $161 million,”
GT GOODYEAR TIRE & RUBBER CO /OH/

GOODYEAR TIRE & RUBBER CO /OH/ reported first quarter of 2024 results: revenue $4.5 billion, net income $57 million (20 cents per share).

“Goodyear’s first quarter 2024 sales were $4.5 billion with tire unit volumes totaling 40.4 million. First quarter 2024 Goodyear net loss was $57 million (20 cents per share)”
COKE Coca-Cola Consolidated, Inc.

Coca-Cola Consolidated, Inc. reported first quarter ended March 29, 2024 results: revenue $1,591.6 (in millions), net income $165.7 million. Guidance reaffirmed.

“Key Results First Quarter (in millions) 2024 2023 Change Standard physical case volume 82.1 82.5 (0.4)% Comparable standard physical case volume (1) 82.1 81.5 0.7% Net sales $1,591.6 $1,571.6 1.3% Gross profit $640.6 $624.1 2.6% Gross margin 40.2 % 39.7 % Income from operations $215.4 $206.1 4.5% Operating margin 13.5 % 13.1 % Beverage Sales First Quarter (in”
ALCO ALICO, INC.

ALICO, INC. reported three and six months ended March 31, 2024 results: revenue $32.1 million, net income $27.1 million.

“ALCO) today announces financial results for the second quarter of fiscal year 2024 and the six months ended March 31, 2024, the highlights of which are as follows: • Revenues of $32.1 million for the six months ended March 31, 2024 were relatively flat as compared to $31.9 million in the six months ended March 31, 2023. • Net income attributable to Alico, Inc. common”
CNA CNA FINANCIAL CORP

CNA FINANCIAL CORP reported the first quarter 2024 results: net income net income of $1.24 per share, EPS core income of $1.30 per share.

“CNA Financial Corporation (NYSE: CNA) today announced first quarter 2024 net income of $338 million, or $1.24 per share, versus $297 million, or $1.09 per share, in the prior year quarter”
AESI Atlas Energy Solutions Inc.

Atlas Energy Solutions Inc. reported March 31, 2024 results: revenue $192.7 million, net income $26.8 million.

“Inc. (NYSE: AESI) (“Atlas” or the “Company”) today reported financial and operating results for the quarter ended March 31, 2024. First Quarter 2024 Highlights • Total sales of $192.7 million • Net income of $26.8 million (14% Net Income Margin) • Adjusted EBITDA of $75.5 million (39% Adjusted EBITDA Margin) (1) • Net cash provided by operating activities of $39.6”
VTS Vitesse Energy, Inc.

Vitesse Energy, Inc. reported the quarter ended March 31, 2024 results: net income Net loss of $2.2 million. Guidance raised.

“On May 6, 2024, Vitesse Energy, Inc. (the “Company”) issued a press release announcing its operating and financial results for the quarter ended March 31, 2024.”
NE Noble Corp plc

Noble Corp plc updated its first quarter 2024 guidance (reaffirmed).

“On May 6, 2024, Noble Corporation plc (the “Company”) issued a press release announcing its condensed consolidated financial results for the quarter ended March 31, 2024.”
CRGY Crescent Energy Co

Crescent Energy Co reported the first quarter of 2024 results: net income $32 million. Guidance raised.

“Crescent Energy Company (the “Company”) announced its financial and operating results for the quarter ended March 31, 2024.”
HOUR Hour Loop, Inc

Hour Loop, Inc reported the quarter ended March 31, 2024 results: revenue $24.7 million, net income $1.1 million, EPS $0.03 per diluted share. Guidance initiated.

“retailer, announces its financial and operational results for the quarter ended March 31, 2024. Financial Highlights for First Quarter 2024: ● Net revenues increased 17.2% to $24.7 million, compared to $21.1 million in the year-ago period; ● Net income totaled $1.1 million, compared to net loss of $1.2 million in the year-ago period; and ● Cash provided for”
RANI Rani Therapeutics Holdings, Inc.

Rani Therapeutics Holdings, Inc. reported the three months ended March 31, 2024 results: net income Net loss for the three months ended March 31, 2024 was $14.8 million.

“Rani Therapeutics Holdings, Inc. (the “Company”) issued a press release providing a corporate update and announcing its financial results for the three months ended March 31, 2024.”
ZETA Zeta Global Holdings Corp.

Zeta Global Holdings Corp. reported the first quarter ended March 31, 2024 results: revenue $195 million, net income $40 million, EPS $0.23. Guidance raised.

“our enterprise and new agency customers. All in, a strong combination going into the second quarter and the rest of the year.” First Quarter 2024 Highlights • Total revenue of $195 million, increased 24% Y/Y. • Scaled Customer count increased to 460 from 452 in 4Q’23 and 411 in 1Q’23. • Super-Scaled Customer count increased to 144 from 131 in 4Q’23 and 110 in”
Omega Therapeutics, Inc.

Omega Therapeutics, Inc. reported first quarter ended March 31, 2024 results: net income $20.1 million.

“Net loss for the first quarter of 2024 was $20.1 million, compared to $25.3 million for the first quarter of 2023.”
Day One Biopharmaceuticals, Inc.

Day One Biopharmaceuticals, Inc. reported the quarter ended March 31, 2024 results: net income $62.4 million.

“Day One Biopharmaceuticals, Inc. (the "Company") issued a press release announcing its financial results for the quarter ended March 31, 2024.”
PAY Paymentus Holdings, Inc.

Paymentus Holdings, Inc. reported the quarter ended March 31, 2024 results: revenue $184.9 million, net income $7.2 million, EPS $0.06.

“and backlog, supporting our positive outlook for the rest of 2024,” said Dushyant Sharma, Founder and CEO. First Quarter 2024 Financial and Business Highlights • Revenue was $184.9 million, an increase of 24.6% year-over-year, driven largely by increased transactions. • Gross profit was $52.7 million, an increase of 31.6% year-over-year. Adjusted gross profit (1)”
LUCK Lucky Strike Entertainment Corp

Lucky Strike Entertainment Corp reported third quarter of fiscal year 2024, which ended on March 31, 2024 results: revenue $337.7 million, net income $23.8 million. Guidance reaffirmed.

“entertainment, today provided financial results for the third quarter of the 2024 Fiscal Year, which ended on March 31, 2024. Quarter Highlights: • Revenue increased 7.0% to $337.7 million versus the prior year and increased 64.7% versus 3QFY19 (quarter ended March 31, 2019) • Revenue excluding Service Fee Revenue increased 8.8% to $336.4 million versus the prior”
Vimeo, Inc.

Vimeo, Inc. updated its the fiscal quarter ended March 31, 2024 guidance (reaffirmed).

“On May 6, 2024, Vimeo, Inc. (the “Company”) issued a shareholder letter (the "Letter") announcing the Company's results for the fiscal quarter ended March 31, 2024.”
SYM Symbotic Inc.

Symbotic Inc. reported second fiscal quarter of 2024 ended March 30, 2024 results: revenue $424 million, net income $41 million. Guidance initiated.

“Symbotic posted revenue of $424 million, a net loss of $41 million and adjusted EBITDA 1 of $22 million for the second quarter of fiscal 2024.”
SEMrush Holdings, Inc.

SEMrush Holdings, Inc. reported first quarter ended March 31, 2024 results: revenue $85.8 million.

“as expressly set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- Semrush Announces First Quarter 2024 Financial Results • First quarter revenue of $85.8 million, up 21% year-over-year • ARR of $354.2 million, up 21% year-over-year • First quarter net cash provided by operating activities of $14.8 million • First quarter free cash flow of”
FOA Finance of America Companies Inc.

Finance of America Companies Inc. reported the first quarter ended March 31, 2024 results: net income Net loss from continuing operations of $ 16 million or $0.06 basic loss per share, EPS $0.06 basic loss per share.

“Finance of America Companies Inc. (the "Company") issued a press release announcing its financial results for the first quarter ended March 31, 2024.”
OPAD Offerpad Solutions Inc.

Offerpad Solutions Inc. reported three months ended March 31, 2024 results: revenue $285.4M, net income ($17.5M), EPS ($0.64).

“about what the future holds.” Q1 2024 Financial Results (quarter over quarter) Q1 2024 Q4 2023 Percentage Change Homes acquired 806 678 19% Homes sold 847 712 19% Revenue $285.4M $240.5M 19% Gross profit $22.6M $16.7M 35% Net loss ($17.5M) ($15.4M) (13%) Adjusted EBITDA ($7.1M) ($7.0M) (1%) Diluted Net Loss per Share ($0.64) ($0.57) (12%) Gross profit”
BODI Beachbody Company, Inc.

Beachbody Company, Inc. reported the quarter ended March 31, 2024 results: revenue $120.0 million, net income $14.2 million. Guidance initiated.

“• Total revenue was $120.0 million compared to $144.9 million in the prior year period. o Digital revenue was $61.5 million compared to $64.8 million in the prior year period and digital subscriptions totaled 1.22 million in the first quarter. o Nutrition and Other revenue was $55.5 million compared to $74.1 million in the prior year period and nutritional subscriptions totaled 0.15 million in the first quarter. o Connected Fitness revenue was $3.0 million compared to $6.0 million in the prior year period and approximately 3,500 bikes were delivered in the first quarter. • Total operating expenses were $92.1 million compared to $118.8 million in the prior year period. • Operating loss improved by $16.6 million to $10.8 million compared to an operating loss of $27.4 million in the prior year period. • Net loss was $14.2 million compared to a net loss of $29.2 million in the prior year period.”
Aaron's Company, Inc.

Aaron's Company, Inc. reported full year 2024 results: revenue Revenues of $2.055 billion to $2.155 billion, EPS Non-GAAP Diluted EPS of $0.00 to $0.25. Guidance raised.

“sequential improvement of 460 basis points • Announced quarterly cash dividend of $0.125 per share to be paid on July 3, 2024 Full Year 2024 Consolidated Outlook: • Revenues of $2.055 billion to $2.155 billion • Adjusted EBITDA 1 of $105.0 million to $125.0 million • Non-GAAP Diluted EPS 1 of $0.00 to $0.25 The Company will host an earnings conference call tomorrow,”

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.