Earnings Releases

Varex Imaging Corp reported three and six months ended March 29, 2024 (second quarter of fiscal year 2024) results: revenue $206 million, net income GAAP net earnings $0.03 per diluted share; Non-GAAP net earnings $0.16 per diluted share. Guidance lowered.

“May 2, 2024 – Varex Imaging Corporation (Nasdaq: VREX) today announced its unaudited financial results for the second quarter of fiscal year 2024. 2QFY24 Summary • Revenues $206 million • GAAP gross margin 32% | Non-GAAP gross margin* 33% • GAAP operating margin 4% | Non-GAAP operating margin* 6% • GAAP net earnings $0.03 per diluted share | Non-GAAP net”

Shattuck Labs, Inc. reported the quarter ended March 31, 2024 results: net income Net loss was $18.5 million for the quarter ended March 31, 2024, or $0.37 per basic and diluted share, EPS $0.37 per basic and diluted share.

“Shattuck Labs, Inc. (Shattuck) (Nasdaq: STTK), a clinical-stage biotechnology company pioneering the development of bi-functional fusion proteins as a new class of biologic medicine for the treatment of patients with cancer and autoimmune disease, today reported financial results for the quarter ended March 31, 2024 and provided recent business highlights.”

MAMMOTH ENERGY SERVICES, INC. reported first quarter ended March 31, 2024 results: revenue $43.2 million, net income Net loss of $11.8 million, EPS $0.25 loss per diluted share. Guidance lowered.

“Total revenue was $43.2 million for the first quarter of 2024 compared to $116.3 million for the same quarter of 2023 and $52.8 million for the fourth quarter of 2023. Net loss for the first quarter of 2024 was $11.8 million, or $0.25 loss per diluted share, compared to net income of $8.4 million, or $0.17 per diluted share, for the same quarter of 2023 and net loss of $6.0 million, or $0.12 loss per diluted share, for the fourth quarter of 2023.”

Coinbase Global, Inc. reported the quarter ended March 31, 2024 results: revenue $1.6 billion, net income $1.2 billion.

“We generated $1.6 billion of total revenue and $1.2 billion of net income*.”

Great Elm Capital Corp. reported first quarter ended March 31, 2024 results: revenue $8.9 million, EPS ($0.05).

“yield of 12.2%. Sales aggregated to $12.4 million at a weighted average current yield of 9.7%. Financial Review Total investment income for the quarter ended March 31, 2024 was $8.9 million, or $1.03 per share. Net expenses for the quarter ended March 31, 2024 were approximately $5.7 million, or $0.66 per share. Net realized and unrealized losses for the quarter”

Frontier Group Holdings, Inc. reported financial results for first quarter of 2024.

“On May 2, 2024 , Frontier Group Holdings, Inc. (the “Company”) issued a press release announcing its financial results for the three months ended March 31, 2024. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.”

Arteris, Inc. reported the first quarter ended March 31, 2024 results: revenue $12.9 million, net income $9.4 million or $0.25 per share. Guidance reaffirmed.

“Arteris' continued influence as a leading commercial system IP vendor in the semiconductor industry,” concluded Janac. First Quarter 2024 Financial Highlights: • Revenue of $12.9 million • Annual Contract Value (ACV) and trailing-twelve-months (TTM) variable royalties of $58.2 million , up 6% year-over-year • Remaining performance obligation (RPO) of $74.7”

NextCure, Inc. reported first quarter 2024 results: net income Net loss was $17.1 million.

“NextCure, Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended March 31, 2024.”

Kimbell Royalty Partners, LP reported the quarter ended March 31, 2024 results: revenue $87.5 million, net income approximately $9.3 million, EPS $0.04 per common unit. Guidance reaffirmed.

“24,678 barrels of oil equivalent (“Boe”) per day (6:1), an increase of 1.4% from Q4 2023, or 5.6% on an annualized basis · Record Q1 2024 oil, natural gas and NGL revenues of $87.5 million, an increase of 4.2% from Q4 2023 · Q1 2024 net income of approximately $9.3 million and net income attributable to common units of approximately $3.2 million, as compared to”

NovoCure Ltd reported quarter ended March 31, 2024 results: revenue $138.5 million, net income $38.8 million, EPS $0.36.

“Total net revenues for the quarter were $138.5 million, an increase of 13% compared to the same period in 2023.”

WillScot Holdings Corp reported first quarter ended March 31, 2024 results: revenue $587 million, net income $56 million. Guidance reaffirmed.

“first quarter 2024 results and provided an update on operations and the current market environment, including the following highlights: Q1 2024 • Revenue increased 4% to $587 million and Income from continuing operations was $56 million. Income from operations included approximately $15 million of integration and transaction-related expenses. Adjusted EBITDA”

MODIV INDUSTRIAL, INC. reported financial results for the first quarter ended March 31, 2024.

“On May 2, 2024, Modiv Industrial, Inc., a Maryland corporation (the “Company”), issued an earnings press release relating to the Company’s financial results for the first quarter ended March 31, 2024.”

Madison Square Garden Sports Corp. reported fiscal third quarter ended March 31, 2024 results: revenue $430.0 million.

“its 2024-25 Knicks and Rangers season ticket renewal initiative, which has seen strong demand to date. In the fiscal 2024 third quarter, the Company generated revenues of $430.0 million, an increase of $47.2 million, or 12%, as compared to the prior year period. In addition, the Company reported operating income of $79.7 million, a decrease of $2.0 million, or”

Rimini Street, Inc. reported fiscal first quarter ended March 31, 2024 results: revenue $106.7 million, net income $1.3 million, EPS $0.01.

“Revenue was $106.7 million for the 2024 first quarter, an increase of 1.2% compared to $105.5 million for the same period last year.”

Cable One, Inc. reported first quarter of 2024 results: revenue $404.3 million, net income $47.3 million.

“2023. Adjusted EBITDA less capital expenditures was $151.2 million in the first quarter of 2024 compared to $132.7 million in the first quarter of 2023 . • Total revenues were $404.3 million in the first quarter of 2024 compared to $421.9 million in the first quarter of 2023. • The Company paid $16.8 million in dividends during the first quarter of 2024. • The”

PJT Partners Inc. reported first quarter ended March 31, 2024 results: revenue $329 million, EPS GAAP Diluted EPS of $1.22 and Adjusted EPS of $0.98.

“PJT Partners Inc. Reports Record First Quarter 2024 Results First Quarter Overview > Record First Quarter Revenues of $329 million, an increase of 65% from a year ago > GAAP Pretax Income of $54 million and Adjusted Pretax Income of $55 million, an increase of 85% and 81%, respectively, from a year ago > GAAP Diluted EPS of $1.22 and Adjusted EPS of $0.98, an increase of 82% and 81%, respectively, from a year ago”

Shake Shack Inc. reported first quarter ended March 27, 2024 results: revenue $290.5 million, net income $2.2 million, EPS $0.05 per diluted share. Guidance reaffirmed.

“shall be expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Shake Shack Announces First Quarter 2024 Financial Results ▪ Total revenue of $290.5 million, up 14.7% versus 2023, including $280.6 million of Shack sales and $9.9 million of Licensing revenue. ▪ System-wide sales of $443.3 million, up 12.3% versus 2023. ▪ Same-Shack”

JOINT Corp reported Q1 2024 results: revenue $29.7 million, net income $947,000, EPS $0.06 per diluted share. Guidance reaffirmed.

“franchisor of chiropractic clinics, reported its financial results for the quarter ended March 31, 2024. Financial Highlights: Q1 2024 Compared to Q1 2023 • Grew revenue 5% to $29.7 million. • Recorded operating income of $1.1 million, compared to operating loss of $653,000. • Reported net income of $947,000, compared to $2.3 million, including the receipt of the”

Xenia Hotels & Resorts, Inc. reported the quarter ended March 31, 2024 results: net income $8.5 million, or $0.08 per share, EPS $0.08 per share.

“Xenia Hotels & Resorts, Inc. (NYSE: XHR) (“Xenia” or the “Company”) today announced results for the quarter ended March 31, 2024.”

Wayfair Inc. reported first quarter ended March 31, 2024 results: revenue $2.7 billion, net income Net loss was $248 million, EPS Diluted loss per share was $2.06.

“in such a filing. --- EX-99.1 (EX-99.1) --- Wayfair Announces First Quarter 2024 Results, Reports Fourth Consecutive Quarter of Strong Profitability Q1 Net Revenue of $2.7 billion with 22.3 million Active Customers BOSTON, MA — May 2, 2024 — Wayfair Inc. (“Wayfair,” “we,” or “our”) (NYSE: W), one of the world’s largest destinations for the home, today”

Orion S.A. reported first quarter 2024 results: revenue $502.9 million, net income $26.7 million, EPS $0.45.

“Net sales of $502.9 million, up $2.2 million, year over year • Net income of $26.7 million, down $15.6 million, year over year • Diluted EPS of $0.45, down $0.25, year over year”

GoDaddy Inc. reported the first quarter that ended March 31, 2024 results: revenue $1.1 billion, net income $401.5 million.

“experiences empowers our ability to drive attach, conversion and retention, laying a solid foundation for enduring shareholder value." Business Highlights • Total revenue of $1.1 billion, up 7% year-over-year on a reported and constant currency basis. • Applications and Commerce (A&C) revenue grew 13%, year-over-year, to $383.1 million. Annualized recurring”

Udemy, Inc. reported the quarter ended March 31, 2024 results: revenue $196.8 million, net income Net Loss $ (18.3).

“our confidence in the long-term opportunity available to Udemy,” concluded Brown. First Quarter 2024 Financial Highlights • Total revenue increased 12% year-over-year to $196.8 million and exceeded the high end of Udemy’s guidance range for the quarter. Revenue growth includes a negative impact of 2 percentage points from changes in foreign exchange (FX) rates”

AVANOS MEDICAL, INC. reported financial results for three months ended March 31, 2024.

“On May 2, 2024, Avanos Medical, Inc. (the "Company") issued a press release announcing its results of operations for the three months ended March 31, 2024.”

El Pollo Loco Holdings, Inc. reported first quarter ended March 27, 2024 results: revenue $116.2 million, net income $5.9 million, EPS $0.19 per diluted share.

“period ended March 27, 2024. Highlights for the first quarter ended March 27, 2024 compared to the first quarter ended March 29, 2023 were as follows: ● Total revenue was $116.2 million compared to $114.5 million. ● System-wide comparable restaurant sales (1) increased by 5.1%. ● Income from operations was $9.7 million compared to $7.8 million. ● Restaurant”

Via Renewables, Inc. reported the quarter ended March 31, 2024 results: net income $19.1 million.

“Net Income for the quarter ended March 31, 2024, was $19.1 million compared to Net Loss of $(6.8) million for the quarter ended March 31, 2023.”

Aurinia Pharmaceuticals Inc. reported the quarter ended March 31, 2024 results: revenue $50.3 million. Guidance reaffirmed.

“set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- AURINIA PHARMACEUTICALS REPORTS FIRST QUARTER 2024 FINANCIAL AND OPERATIONAL RESULTS • Achieved $50.3 million in total net revenue and $48.1 million in net product revenue for the first quarter of 2024, representing year over year growth of approximately 46% and 40% respectively, and”

Heritage Insurance Holdings, Inc. reported financial results for the fiscal quarter ended March 31, 2024.

“On May 1, 2024, Heritage Insurance Holdings, Inc. (the “Company”) issued a press release announcing financial results for its fiscal quarter ended March 31, 2024.”

Blueprint Medicines Corp reported the first quarter ended March 31, 2024 results: revenue $92.5 million. Guidance raised.

“-- Achieved $92.5 million in AYVAKIT net product revenues in the first quarter 2024 -- -- Raising guidance to $390 million to $410 million in full year AYVAKIT net product revenues --”

Sabre Corp reported the quarter ended March 31, 2024 results: revenue $783 million, net income Net loss attributable to common stockholders of $71 million, EPS $0.19. Guidance raised.

“remaining 2025 maturities using balance sheet cash • Ended the quarter with cash balance of $650 million First quarter 2024 financial results: • First quarter revenue totaled $783 million, up 5% from Q1'23 • Net loss attributable to common stockholders of $71 million and diluted net loss per share attributable to common stockholders of $0.19 • Adjusted EBITDA (1)”

Paylocity Holding Corp reported financial results for the third quarter of fiscal year 2024.

“On May 2, 2024, Paylocity Holding Corporation (the “ Company ”) issued a press release announcing financial results for the three month period ended March 31, 2024.”

CareTrust REIT, Inc. reported quarter ended March 31, 2024 results: net income net income of $28.7 million, EPS normalized FAD per share of $0.37.

“Normalized FAD of $48.7 million and normalized FAD per share of $0.37;”

CareTrust REIT, Inc. reported full year 2024 results: EPS net income of approximately $1.01 to $1.03. Guidance reaffirmed.

“The Company updated guidance for 2024, with Mr. Wagner projecting on a per-diluted weighted-average common share basis net income of approximately $1.01 to $1.03, normalized FFO of approximately $1.42 to $1.44, and normalized FAD of approximately $1.46 to $1.48.”

CareTrust REIT, Inc. reported first quarter ended March 31, 2024 results: net income net income of $28.7 million, EPS normalized FFO per share of $0.35.

“For the quarter, CareTrust REIT reported: • Investments of $118.8 million during the quarter and $206.5 million year-to-date at an estimated stabilized yield of 11.1% and 10.5%, respectively, after rent ramps under the applicable leases are completed; • 11.6 million shares sold under its ATM Program for gross proceeds of $273.2 million; • 98.0% of contractual rent and interest collected; • Net income of $28.7 million and net income per share of $0.22;”

MALIBU BOATS, INC. reported the third quarter ended March 31, 2024 results: revenue $203.4 million, net income a net loss of $67.8 million, EPS a net loss of $3.28 per share.

“its financial results for the third quarter ended March 31, 2024. Third Quarter Fiscal 2024 Highlights Compared to Third Quarter Fiscal 2023: • Net sales decreased 45.8% to $203.4 million • Unit volume decreased 51.9% to 1,269 units • Gross profit decreased 59.1% to $40.3 million • GAAP net income decreased 226.8% to a net loss of $67.8 million, inclusive of”

Twist Bioscience Corp reported fiscal year 2024 results: revenue $300M to $304M. Guidance raised.

“— Increased FY 2024 revenue guidance to a range of $300M to $304M; Increased FY 2024 gross margin guidance to a range of 41.5 to 42.0% —”

Twist Bioscience Corp reported fiscal second quarter ended March 31, 2024 results: revenue $75.3 million, net income -$45.5 million, EPS -$0.79.

“FISCAL 2024 SECOND QUARTER FINANCIAL RESULTS • Orders: Total orders received for the second quarter of fiscal 2024 increased to $93.2 million compared to $64.2 million for the same period of fiscal 2023 . • Revenue: Total revenues for the second quarter of fiscal 2024 increased to $75.3 million compared to $60.2 million for the same period of fiscal 2023 . ◦ SynBio revenue increased to $29.8 million for the second quarter of fiscal 2024 compared to $24.2 million for the same period of fiscal 2023. ◦ NGS revenue increased to $40.8 million for the second quarter of fiscal 2024 compared to $29.0 million for the same period of fiscal 2023. ◦ Biopharma revenue was $4.7 million for the second quarter of fiscal 2024 compared to $7.0 million in the same period of fiscal 2023. • Cost of Revenues: Cost of revenues for the second quarter of fiscal 2024 was $44.4 million compared to $41.7 million for the same period of fiscal 2023 . • Gross Margin: Gross margin for the second quarter of fiscal 202”

Prime Meridian Holding Co reported financial results for the quarter ended March 31, 2024.

“On May 2, 2024, Prime Meridian Holding Company issued and posted to its website an investor presentation for the quarter ended March 31, 2024.”

RE/MAX Holdings, Inc. reported the quarter ended March 31, 2024 results: revenue $78.3 million, net income $3.4 million, EPS $0.18.

“RE/MAX HOLDINGS, INC. REPORTS FIRST QUARTER 2024 RESULTS Total Revenue of $78.3 Million”

OUTFRONT Media Inc. reported first quarter ended March 31, 2024 results: revenue $408.5 million, net income Net loss attributable to OUTFRONT Media Inc. of $27.2 million, EPS ($0.18).

“Act, except as shall be expressly set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- OUTFRONT Media Reports First Quarter 2024 Results Revenues of $408.5 million Operating income of $14.0 million Net loss attributable to OUTFRONT Media Inc. of $27.2 million Adjusted OIBDA of $66.5 million AFFO attributable to OUTFRONT Media Inc. of $23.2”

USA TODAY Co., Inc. reported the first quarter ended March 31, 2024 results: revenue $635.8 million, net income Net loss attributable to Gannett of $84.8 million.

“4.2% year-over year ◦ Record high core platform average revenue per user (1) of $2,697 , up 6.4% year-over-year Additional First Quarter 2024 Highlights: • Total revenues of $635.8 million decreased 5.0% compared to the first quarter of 2023, reflecting improvement on revenue declines of 8.4% in the fourth quarter of 2023 compared to the prior year fourth quarter ◦”

Criteo S.A. reported the first quarter ended March 31, 2024 results: revenue $450 million, net income $9 million, EPS $0.12 per diluted share. Guidance raised.

“media spend is defined as the media spend activated on behalf of our Retail Media clients and our Performance Media clients. 1 Financial Summary Revenue for Q1 2024 was $450 million, gross profit was $217 million and Contribution ex-TAC was $254 million. Net income for Q1 was $9 million, or $0.12 per share on a diluted basis. Adjusted EBITDA for Q1 was $71”

Intercontinental Exchange, Inc. reported the fiscal quarter ended March 31, 2024 results: revenue $2.3 billion, net income $767 million, EPS $1.33.

“EX-99.1 (EXHIBIT 99.1) --- EX-99.1 2 tm2413229d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Intercontinental Exchange Reports Strong First Quarter 2024 · Record 1Q24 net revenues of $2.3 billion, +21% y/y Jeffrey C. Sprecher , ICE Chair & Chief Executive Officer , said , " We are pleased to report strong first quarter results that extend our track record of revenue and”

Thryv Holdings, Inc. reported the three months ended March 31, 2024 results: revenue $233.6 million, net income $8.4 million, EPS $0.22 per diluted share. Guidance raised.

“revenue was $74.3 million, a 24% increase year-over-year • Total Marketing Services revenue was $159.3 million, a 14% decrease year-over-year • Consolidated total revenue was $233.6 million, a decrease of 5% year-over-year • Consolidated net income was $8.4 million, or $0.22 per diluted share; compared to net income of $9.3 million, or $0.25 per diluted share, for”

CNH Industrial N.V. reported the first quarter of 2024 results: revenue $4.82 billion, net income $402 million, EPS $0.31. Guidance reaffirmed.

“CNH Industrial N.V. Reports First Quarter 2024 Results First quarter consolidated revenue declined 10% on lower industry demand First quarter diluted EPS at $0.31; adjusted diluted EPS at $0.33 ($0.35 in the first quarter of 2023) First quarter Agriculture segment adjusted EBIT margin down 200 bps year-over-year to 12.5%; Construction up 150 bps to 6.7% Cost reduction programs on track, helping to mitigate impact of slowing markets Full-year guidance updated to reflect lower agriculture industry projections Basildon, UK - May 2, 2024 - CNH Industrial N.V. (NYSE: CNHI) today reported results for the three months ended March 31, 2024, with net income of $402 million and diluted earnings per share of $0.31 compared with net income of $486 million and diluted earnings per share of $0.35 for the three months ended March 31, 2023. Consolidated revenues were $4.82 billion (down approximately 10% compared to Q1 2023) and Net sales of Industrial Activities were $4.13 billion (down approximately”

American Homes 4 Rent reported the quarter ended March 31, 2024 results: revenue $423.6 million, net income $109.3 million, or $0.30 per diluted share, EPS $0.30 per diluted share.

“announced its financial and operating results for the quarter ended March 31, 2024. Highlights • Rents and other single-family property revenues increased 6.5% year-over-year to $423.6 million for the first quarter of 2024. • Net income attributable to common shareholders totaled $109.3 million, or $0.30 per diluted share, for the first quarter of 2024, compared to”

Silvercrest Asset Management Group Inc. reported three months ended March 31, 2024 results: revenue Revenue of $30.3 million., net income GAAP consolidated net income ... of $4.9 million and $3.0 million, respectively., EPS Basic and diluted net income per share of $0.32..

“Quarter 2024 Highlights • Total AUM of $34.5 billion, inclusive of discretionary AUM of $22.7 billion and non-discretionary AUM of $11.8 billion at March 31, 2024. • Revenue of $30.3 million. • U.S. Generally Accepted Accounting Principles (“GAAP”) consolidated net income and net income attributable to Silvercrest of $4.9 million and $3.0 million, respectively. •”

Zoetis Inc. reported first quarter of 2024 results: revenue $2.2 billion, net income $599 million, EPS $1.31 per diluted share. Guidance raised.

“Exchange Act, except as expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Zoetis Announces First Quarter 2024 Results • Reports Revenue of $2.2 Billion, Growing 10%, and Net Income of $599 Million, or $1.31 per Diluted Share, Increasing 9% and 10%, Respectively, on a Reported Basis for First Quarter 2024 • Delivers 12%”

Shutterstock, Inc. reported first quarter ended March 31, 2024 results: revenue $214.3 million, net income $16.1 million, EPS $0.45.

“depth. We look forward to welcoming the entire Envato team to Shutterstock.” First Quarter 2024 measures as compared to First Quarter 2023: Financial Measures ● Revenues were $214.3 million compared to $215.3 million. ● Net income was $16.1 million compared to $32.8 million. ● Net income per diluted common share was $0.45 compared to $0.90. ● Adjusted EBITDA was”

Summit Midstream Partners, LP reported the three months ended March 31, 2024 results: net income net income of $132.9 million. Guidance reaffirmed.

“Summit Midstream Partners, LP Reports First Quarter 2024 Financial and Operating Results”