secwatch / observer

Earnings Releases

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

8-K items 2.02 JSON
PRLB Proto Labs Inc

Proto Labs Inc reported first quarter ended March 31, 2024 results: revenue $127.9 million, net income $5.3 million, EPS $0.20 per diluted share.

“Exhibit 99.1 to this report and incorporated herein by reference. --- EX-99.1 (EX-99.1) --- Protolabs Reports Financial Results for the First Quarter of 2024 Total Revenue of $128 Million; Protolabs Network Revenue up 39% YoY to $24 Million GAAP Earnings Per Share of $0.20, Non-GAAP Earnings Per Share of $0.40 MINNEAPOLIS – May 3, 2024 – Proto Labs, Inc.”
ESNT Essent Group Ltd.

Essent Group Ltd. reported the quarter ended March 31, 2024 results: net income $181.7 million or $1.70 per diluted share.

“Essent Group Ltd. (NYSE: ESNT) today reported net income for the quarter ended March 31, 2024 of $181.7 million or $1.70 per diluted share, compared to $170.8 million or $1.59 per diluted share for the quarter ended March 31, 2023.”
Territorial Bancorp Inc.

Territorial Bancorp Inc. reported three months ended March 31, 2024 results: revenue $17.99 million, net income $482,000, EPS $(0.06).

“of other customary closing conditions. Interest Income Net interest income decreased by $3.33 million for the three months ended March 31, 2024. Total interest income was $17.99 million for the three months ended March 31, 2024, compared to $16.72 million for the three months ended March 31, 2023. The $1.27 million increase in total interest income was primarily”
FET FORUM ENERGY TECHNOLOGIES, INC.

FORUM ENERGY TECHNOLOGIES, INC. reported first quarter 2024 results: revenue $202 million, net income $10 million , or $0.85 p er diluted share, EPS $0.85 p er diluted share. Guidance reaffirmed.

“Forum Energy Technologies, Inc. (NYSE: FET) today announced first quarter 2024 revenue of $202 million, a 9% sequential increase.”
RPID RAPID MICRO BIOSYSTEMS, INC.

RAPID MICRO BIOSYSTEMS, INC. reported first quarter ended March 31, 2024 results: revenue $5.6 million, net income $13.3 million, EPS $0.31. Guidance reaffirmed.

“Rapid Micro Biosystems Reports First Quarter 2024 Financial Results Reports first quarter 2024 total revenue of $5.6 million”
CQP Cheniere Energy Partners, L.P.

Cheniere Energy Partners, L.P. reported first quarter ended March 31, 2024 results: revenue $2.3 billion, net income $682 million. Guidance reaffirmed.

“(NYSE: CQP) today announced its financial results for first quarter 2024. HIGHLIGHTS • During the three months ended March 31, 2024, Cheniere Partners generated revenues of $2.3 billion, net income of $682 million, and Adjusted EBITDA 1 of $1.0 billion. • With respect to the first quarter of 2024, Cheniere Partners declared a cash distribution of $0.810 per”
CBOE Cboe Global Markets, Inc.

Cboe Global Markets, Inc. reported the quarter ended March 31, 2024 results: revenue $502.1 million, EPS $1.96.

“Quarter Highlights* ● Diluted EPS for the Quarter of $1.96, Up 20 percent ● Adjusted Diluted EPS1 for the Quarter of $2.15, Up 13 percent ● Record Net Revenue for the Quarter of $502.1 million, Up 7 percent ● Anticipates Higher End of Organic Total Net Revenue Growth 2 Range of 5 to 7 percent in 2024; Reaffirms Data and Access Solutions Organic Net Revenue Growth”
KOP Koppers Holdings Inc.

Koppers Holdings Inc. reported first quarter of 2024 results: revenue $497.6 million, net income $13.0 million, EPS $0.59 per diluted share. Guidance reaffirmed.

“McGuireQT@koppers.com Koppers Reports First Quarter 2024 Results; Provides Updated 2024 Outlook Completed Acquisition of Brown Wood Preserving Company First Quarter Sales of $497.6 Million vs. $513.4 Million in Prior Year Quarter First Quarter Diluted EPS of $0.59 vs. $1.19 in Prior Year Quarter Adjusted EPS of $0.62 vs. $1.12 in Prior Year Quarter PITTSBURGH, May”
GPRE Green Plains Inc.

Green Plains Inc. reported the first quarter of 2024 results: revenue $597.2 million, net income Net loss attributable to the company was $51.4 million, or ($0.81) per diluted share, EPS ($0.81) per diluted share.

“Net loss attributable to the company was $51.4 million, or ($0.81) per diluted share compared to net loss attributable to the company of $70.3 million or ($1.20) per diluted share, for the same period in 2023. Revenues were $597.2 million for the first quarter of 2024 compared with $832.9 million for the same period last year.”
ABR ARBOR REALTY TRUST INC

ARBOR REALTY TRUST INC reported first quarter ended March 31, 2024 results: net income $57.9 million, or $0.31 per diluted common share.

“On May 3, 2024, Arbor Realty Trust, Inc. issued a press release announcing its earnings for the quarter ended March 31, 2024”
XPO XPO, Inc.

XPO, Inc. reported financial results for fiscal quarter ended March 31, 2024.

“On May 3, 2024, XPO, Inc. (the “Company”) issued a press release announcing its results of operations for the fiscal quarter ended March 31, 2024.”
FLR FLUOR CORP

FLUOR CORP reported first quarter ended March 31, 2024 results: revenue $3.7 billion, net income $59 million, or $0.34 per diluted share. Guidance reaffirmed.

“Fluor Corporation (NYSE: FLR) announced financial results for its first quarter ended March 31, 2024. Revenue for the quarter was $3.7 billion and net income attributable to Fluor was $59 million, or $0.34 per diluted share.”
GORO GOLD RESOURCE CORP

GOLD RESOURCE CORP reported first quarter of 2024 results: net income Net loss was $4.0 million or $0.05 per share.

“Gold Resource Corporation (“the Company”) issued a news release reporting its production and unaudited financial results for the first quarter of 2024.”
CBRE CBRE GROUP, INC.

CBRE GROUP, INC. reported first quarter ended March 31, 2024 results: revenue $7,935, net income 126, EPS 0.41. Guidance reaffirmed.

“The following table presents highlights of CBRE performance (dollars in millions, except per share data; totals may not add due to rounding): % Change Q1 2024 Q1 2023 USD LC (1) Operating Results Revenue $ 7,935 $ 7,411 7.1 % 6.9 % Net revenue (2) 4,444 4,181 6.3 % 6.1 % GAAP net income 126 117 8.0 % 10.3 % GAAP EPS 0.41 0.37 10.4 % 12.8 %”
WISCONSIN POWER & LIGHT CO

WISCONSIN POWER & LIGHT CO reported financial results for the three months ended March 31, 2024.

“On May 2, 2024, Alliant Energy Corporation issued a press release announcing its financial results for the three months ended March 31, 2024.”
PAA PLAINS ALL AMERICAN PIPELINE LP

PLAINS ALL AMERICAN PIPELINE LP reported First-Quarter 2024 results: net income Net income attributable to PAA of $266 million, EPS Diluted net income per common unit $0.29. Guidance reaffirmed.

“Plains All American Reports First-Quarter 2024 Results Provides Update on Permian Long-Haul Contracting & Announces Bolt-on Acquisitions Houston, TX – May 3, 2024 – Plains All American Pipeline, L.P. (Nasdaq: PAA ) and Plains GP Holdings (Nasdaq: PAGP ) today reported first-quarter 2024 results and reaffirmed full-year 2024 Adjusted EBITDA guidance.”
DCH Dauch Corp

Dauch Corp reported first quarter 2024 results: revenue $1.61 billion, net income $20.5 million, EPS $0.17.

“AAM Reports First Quarter 2024 Financial Results AAM Starts 2024 With Solid Performance DETROIT, May 3, 2024 -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the first quarter 2024. First Quarter 2024 Results • Sales of $1.61 billion • Net income of $20.5 million, or 1.3% of sales • Adjusted EBITDA of $205.6 million, or 12.8% of sales • Diluted earnings per share of $0.17; Adjusted earnings per share of $0.18”
TDS TELEPHONE & DATA SYSTEMS INC /DE/

TELEPHONE & DATA SYSTEMS INC /DE/ reported first quarter of 2024 results: revenue total operating revenues of $1,262 million, net income Net income (loss) attributable to TDS common shareholders and related diluted earnings (loss) per share were $12 million, EPS $0.10. Guidance reaffirmed.

“TDS reports first quarter 2024 results 2024 guidance reaffirmed CHICAGO (May 3, 2024) — Telephone and Data Systems, Inc. (NYSE:TDS) reported total operating revenues of $1,262 million for the first quarter of 2024, versus $1,303 million for the same period one year ago. Net income (loss) attributable to TDS common shareholders and related diluted earnings (loss) per share were $12 million and $0.10, respectively, for the first quarter of 2024 compared to $(9) million and $(0.08), respectively, in the same period one year ago.”
CMLS CUMULUS MEDIA INC

CUMULUS MEDIA INC reported three months ended March 31, 2024 results: revenue $200.1 million, net income net loss of $14.2 million, EPS Basic loss per share $ (0.85).

“For the three months ended March 31, 2024, the Company reported net revenue of $200.1 million, a decrease of 2.7% from the three months ended March 31, 2023, net loss of $14.2 million and Adjusted EBITDA of $8.4 million.”
IESC IES Holdings, Inc.

IES Holdings, Inc. reported the quarter ended March 31, 2024 results: revenue $706 million, net income $52.9 million, EPS $2.29.

“Revenue of $706 million for the second quarter of fiscal 2024, an increase of 24% compared with $569 million for the same quarter of fiscal 2023 • Operating income of $77.7 million for the second quarter of fiscal 2024, an increase of 146% compared with $31.6 million for the same quarter of fiscal 2023 • Net income attributable to IES of $52.9 million for the second quarter of fiscal 2024, an increase of 146% compared with $21.6 million for the same quarter of fiscal 2023, and diluted earnings per share attributable to common stockholders of $2.29 for the second quarter of fiscal 2024, compared with $0.92 for the same quarter of fiscal 2023”
UPBD UPBOUND GROUP, INC.

UPBOUND GROUP, INC. reported first quarter ended March 31, 2024 results: revenue $1,096 million, net income $27.7 million, EPS $0.50.

“incorporated by reference in any filing under the Securities Act of 1933. --- EX-99.1 (EX-99.1) --- UPBOUND GROUP, INC. REPORTS FIRST QUARTER 2024 RESULTS Total Revenue of $1,096 million GAAP Diluted EPS $0.50, Non-GAAP Diluted EPS 1 $0.79 For Immediate Release: __________________________________________________________ Plano, Texas, May 2, 2024 - Upbound Group,”
TDW TIDEWATER INC

TIDEWATER INC reported financial results for the quarter ended March 31, 2024.

“On May 2, 2024, the Company issued an earnings release announcing its financial results for the quarter ended March 31, 2024. The press release is furnished as Exhibit 99.1 to this Current Report and is incorporated herein by reference as if fully set forth under this item.”
TFX TELEFLEX INC

TELEFLEX INC updated its full year 2024 guidance (raised).

“Reiterating constant currency revenue growth guidance range of 3.75% to 4.75%”
TFX TELEFLEX INC

TELEFLEX INC reported the first quarter ended March 31, 2024 results: revenue $737.8 million, EPS $0.33.

“Teleflex Incorporated (NYSE: TFX) (the “Company”) today announced financial results for the first quarter ended March 31, 2024 . First quarter financial summary • Revenues of $737.8 million”
SUPERIOR INDUSTRIES INTERNATIONAL INC

SUPERIOR INDUSTRIES INTERNATIONAL INC updated its first quarter ended March 31, 2024 guidance (reaffirmed).

“On May 2, 2024, Superior Industries International, Inc. (“Superior”) issued a press release announcing the results of operations for the first quarter ended March 31, 2024 and provided the outlook for 2024.”
SWK STANLEY BLACK & DECKER, INC.

STANLEY BLACK & DECKER, INC. reported first quarter 2024 results: revenue $3.9 Billion, EPS GAAP EPS Was $0.13; Adjusted EPS* Was $0.56. Guidance reaffirmed.

“May 2, 2024 ... Stanley Black & Decker (NYSE: SWK) , a worldwide leader in tools and outdoor, today announced first quarter 2024 financial results. • First Quarter Revenues of $3.9 Billion, Down 2% Versus Prior Year as Growth in DEWALT and Engineered Fastening was More Than Offset by Lower Infrastructure Volume and Muted Consumer and DIY Demand • First Quarter”
DTE DTE ENERGY CO

DTE ENERGY CO reported the quarter ended March 31, 2024 results: revenue $705, net income $154.

“Interest Entity 1 Table of Contents DTE Gas Company Consolidated Statements of Operations (Unaudited) Three Months Ended March 31, 2024 2023 (In millions) Operating Revenues $ 705 $ 695 Operating Expenses Cost of gas 257 246 Operation and maintenance 134 124 Depreciation and amortization 54 50 Taxes other than income 32 31 Asset (gains) losses and”
WCC WESCO INTERNATIONAL INC

WESCO INTERNATIONAL INC reported the first quarter of 2024 results: revenue $5.4 billion. Guidance reaffirmed.

“unique global capabilities and scale.” The following are results for the three months ended March 31, 2024 compared to the three months ended March 31, 2023: • Net sales were $5.4 billion for the first quarter of 2024 compared to $5.5 billion for the first quarter of 2023, a decrease of 3.1%. Organic sales for the first quarter of 2024 declined by 3.2%, as”
NSIT INSIGHT ENTERPRISES INC

INSIGHT ENTERPRISES INC reported the quarter ended March 31, 2024 results: revenue $2.4 billion, net income $67.0 million, EPS $1.74.

“objective of becoming the leading solutions integrator,” Mullen stated. KEY HIGHLIGHTS Results for the Quarter: • Consolidated net sales for the first quarter of 2024 of $2.4 billion increased 2%, year over year, when compared to the first quarter of 2023. Product net sales was flat, year to year, while services net sales increased 17%, year over year. • Net”
OMCL OMNICELL, INC.

OMNICELL, INC. reported first quarter ended March 31, 2024 results: revenue $246 million, net income $16 million, or $0.34 per diluted share, EPS $0.34 per diluted share.

“Worth, TX 76137 Kathleen.Nemeth@Omnicell.com Omnicell Announces First Quarter 2024 Results Results exceed prior first quarter guidance across all metrics Total GAAP revenues of $246 million FORT WORTH, Texas -- May 2, 2024 -- Omnicell, Inc. (NASDAQ:OMCL) (“Omnicell,” “we,” “our,” “us,” “management,” or the “Company”), a leader in transforming the pharmacy care”
DVA DAVITA INC.

DAVITA INC. reported for the quarter ended March 31, 2024 results: revenue $3.071 billion, net income $240, EPS $2.65.

“deliver clinical excellence,” said Javier Rodriguez, CEO of DaVita Inc. Financial and operating highlights for the quarter ended March 31, 2024: • Consolidated revenues were $3.071 billion. • Operating income was $484 million and adjusted operating income was $463 million. • Diluted earnings per share was $2.65 and adjusted diluted earnings per share was $2.38. •”
PENN PENN Entertainment, Inc.

PENN Entertainment, Inc. reported three months ended March 31, 2024 results: revenue $1,606.9 million, net income $(114.9) million, EPS $(0.76) per diluted share.

“PENN Entertainment, Inc. (the “Company”) issued a press release announcing the results of operations and financial condition for the three months ended March 31, 2024.”
OLYMPIC STEEL INC

OLYMPIC STEEL INC reported first quarter ended March 31, 2024 results: revenue $527 million, net income $8.7 million, EPS $0.75 per diluted share.

“Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three months ended March 31, 2024. Net income for the first quarter totaled $8.7 million, or $0.75 per diluted share, compared with net income of $9.9 million, or $0.85 per diluted share, in the first quarter of 2023. The results include $0.4 million of LIFO expense in the first quarter of 2024, compared with no LIFO adjustment in the first quarter of 2023. EBITDA for the first quarter of 2024 was $23.3 million, comparable to the $23.9 million earned in the first quarter of 2023. The Company reported sales for the first quarter of 2024 totaling $527 million, compared with $573 million in the first quarter of 2023.”
CLAR Clarus Corp

Clarus Corp reported the first quarter ended March 31, 2024 results: revenue $69.3 million, net income $21.9 million, EPS $0.57 per diluted share. Guidance reaffirmed.

“First Quarter 2024 Financial Summary vs. Same Year - Ago Quarter (adjusted to reflect the reclassification of the Precision Sport segment as discontinued operations) · Sales of $69.3 million compared to $70.3 million. · Gross margin was 35.9% compared to 36.3%; adjusted gross margin of 36.9% compared to 36.3%. · Net income, which includes the impact of”
BDC BELDEN INC.

BELDEN INC. updated its second quarter of 2024 guidance (reaffirmed).

“Assuming no significant changes to the current market environment, the table below provides guidance for the second quarter of 2024.”
BDC BELDEN INC.

BELDEN INC. reported first quarter ended March 31, 2024 results: revenue $536 million, EPS $0.90.

“network infrastructure and digitization solutions, today reported fiscal first quarter results for the period ended March 31, 2024. First Quarter 2024 Highlights • Revenues of $536 million, down 17% y/y and down 17% y/y organically • GAAP EPS of $0.90, down 38% y/y • Adjusted EPS of $1.24, down 26% y/y • Entered into a definitive agreement to purchase Precision”
LAUR LAUREATE EDUCATION, INC.

LAUREATE EDUCATION, INC. reported first quarter of 2024 results: revenue $275.4 million, net income $(10.8) million, EPS $(0.07). Guidance raised.

“First Quarter 2024 Highlights (compared to first quarter 2023): • New enrollments increased 1%. • Total enrollments increased 5%. • On a reported basis, revenue increased 10% to $275.4 million. On an organic constant currency basis 1 , revenue increased 1% and was unfavorably affected by intra-year timing of semester start dates for certain programs as compared to the”
AGCO AGCO CORP /DE

AGCO CORP /DE reported the first quarter ended March 31, 2024 results: revenue $2.9 billion, net income $2.25 per share, EPS $2.25.

“AGCO REPORTS FIRST-QUARTER RESULTS • Net sales of $2.9 billion, down 12.1% • Reported earnings per share of $2.25 and adjusted earnings per share (1) of $2.32”
ONIT ONITY GROUP INC.

ONITY GROUP INC. reported first quarter ended March 31, 2024 results: net income $30 million, EPS $3.74.

“On May 2, 2024, Ocwen Financial Corporation issued a press release announcing results for the first quarter ended March 31, 2024 and providing a business update.”
REGN REGENERON PHARMACEUTICALS, INC.

REGENERON PHARMACEUTICALS, INC. reported financial results for first quarter of 2024.

“On May 2, 2024, Regeneron Pharmaceuticals, Inc. issued a press release announcing its financial and operating results for the quarter ended March 31, 2024.”
MNST Monster Beverage Corp

Monster Beverage Corp reported the three-months ended March 31, 2024 results: revenue $1.90 billion, net income $442.0 million.

“MONSTER BEVERAGE REPORTS 2024 FIRST QUARTER RESULTS -- Record First Quarter Net Sales Rise 11.8 Percent to $1.90 Billion -- -- Net Sales, Adjusted for Adverse Changes in Foreign Currency of $64.4 Million, Rise 15.6 Percent (12.6 Percent Exclusive of Argentina’s Impact) -- -- First Quarter Gross Profit as a Percentage of Net Sales Improves to 54.1 Percent -- -- First Quarter Net Income Increases 11.2 Percent to $442.0 Million -- -- Company Currently Intends to Commence Tender Offer to Repurchase up to $3.0 Billion of Common Stock -- Corona, CA – May 2, 2024 – Monster Beverage Corporation (NASDAQ: MNST) today reported financial results for the three-months ended March 31, 2024.”
GVA GRANITE CONSTRUCTION INC

GRANITE CONSTRUCTION INC reported the quarter ended March 31, 2024 results: revenue $672 million, net income Net loss attributable to Granite Construction Incorporated totaled $31 million, EPS $(0.70) per diluted share. Guidance reaffirmed.

“be expressly set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- Granite Reports First Quarter 2024 Results • Q1 revenue increased 20% year-over-year to $672 million • Q1 diluted EPS of $(0.70) and adjusted diluted EPS (1) of $(0.21) • Q1 operating cash flow increased $101 million year-over-year to $24 million • Reorganized operations to”
CGNX COGNEX CORP

COGNEX CORP reported Q2 2024 results: revenue $230 million to $245 million. Guidance initiated.

“Cognex expects revenue to be between $230 million and $245 million.”
HOLOGIC INC

HOLOGIC INC reported fiscal second quarter ended March 30, 2024 results: revenue $1,017.8 million, EPS GAAP Diluted EPS of $0.72, and Non-GAAP Diluted EPS of $1.03. Guidance raised.

“Hologic Announces Financial Results for Second Quarter of Fiscal 2024 – Revenue of $1,017.8 Million, GAAP Diluted EPS of $0.72, and Non-GAAP Diluted EPS of $1.03”
CTRA Coterra Energy Inc.

Coterra Energy Inc. reported first-quarter 2024 results: net income $352 million, or $0.47 per share. Guidance raised.

“Net Income (GAAP) totaled $352 million, or $0.47 per share. Adjusted Net Income (non-GAAP) was $383 million, or $0.51 per share.”
SLGN SILGAN HOLDINGS INC

SILGAN HOLDINGS INC reported three month period ended March 31, 2024 results: revenue $1.32 billion, net income $55.2 million, EPS $0.52 per diluted share. Guidance reaffirmed.

“Silgan Holdings Inc. (NYSE: SLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, today reported first quarter 2024 net sales of $1.32 billion and net income of $55.2 million, or $0.52 per diluted share”
LFVN Lifevantage Corp

Lifevantage Corp reported three and nine months ended March 31, 2024 results: revenue $48.2 million, net income $1.7 million, EPS $0.13 per diluted share. Guidance lowered.

“health processes at the cellular level, today reported financial results for its third fiscal quarter ended March 31, 2024. Third Quarter Fiscal 2024 Summary*: • Revenue of $48.2 million, a decrease of 10.2% from the prior year period. Excluding the negative impact of foreign currency fluctuations, third quarter revenue was down approximately 8.7%; • Revenue in”
MGPI MGP INGREDIENTS INC

MGP INGREDIENTS INC reported first quarter ended March 31, 2024 results: revenue $170.6 million, net income $20.6 million, EPS $0.92 per share. Guidance reaffirmed.

“the first quarter ended March 31, 2024. 2024 first quarter consolidated results compared to 2023 first quarter: • Due to the Atchison distillery closure, sales decreased 15% to $170.6 million. Excluding the impact of the Atchison distillery in both periods, consolidated sales were in line with the prior year period. • As expected, gross profit decreased 10% to $62.8”
GTIM Good Times Restaurants Inc.

Good Times Restaurants Inc. reported 2024 second fiscal quarter ended March 26, 2024 results: revenue $35.4 million, net income $0.6 million.

“Total Revenues for the quarter increased 1.9% to $35.4 million compared to the second quarter of fiscal 2023”
AAON AAON, INC.

AAON, INC. reported the first quarter of 2024 results: revenue $262.1 million, net income $39,016, EPS $0.46.

“Net sales for the first quarter of 2024 decreased 1.4% to $262.1 million from $266.0 million in the first quarter of 2023.”

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.