Earnings Releases

G1 Therapeutics, Inc. reported first quarter ended March 31, 2024 results: revenue $14.1 million in net product sales of COSELA, net income net loss for the first quarter of 2024 was $10.2 million, EPS $(0.20). Guidance reaffirmed.

“G1 Therapeutics Provides First Quarter 2024 Financial Results and Operational Highlights - Achieved $14.1 Million in Net Revenue from Sales of COSELA® (trilaciclib) for First Quarter 2024 - - Reaffirmed 2024 Net COSELA Revenue Guidance of $60 to $70 Million”

EVERTEC, Inc. reported the first quarter ended March 31, 2024 results: revenue $205.3 million, net income $16.0 million, EPS $0.24 per diluted share. Guidance reaffirmed.

“EVTC) (“Evertec”, the “Company”, “we” or “our”) today announced results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights • Revenue increased 28% to $205.3 million • GAAP Net Income attributable to common shareholders decreased 47% to $16.0 million and decreased 48% to $0.24 per diluted share • Adjusted EBITDA increased 16% to $78.2 million”

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

“On May 1, 2024, Freshworks Inc. issued a press release announcing its financial results for the first quarter ended March 31, 2024.”

Independence Contract Drilling, Inc. reported first quarter ended March 31, 2024 results: revenue $46.6 million, net income Net loss of $9.0 million, or $0.62 per share, EPS $0.62 per share.

“of $190.3 million · 15.1 average rigs working during the quarter · Fully burdened margin per day of $11,829 ​ In the first quarter of 2024, the Company reported revenues of $46.6 million, net loss of $9.0 million, or $0.62 per share, adjusted net loss (defined below) of $7.3 million, or $0.50 per share, and adjusted EBITDA (defined below) of $11.8 million. These”

ALKAMI TECHNOLOGY, INC. reported first quarter ending March 31, 2024 results: revenue $76.1 million, net income $(11.4) million.

“Alkami Announces First Quarter 2024 Financial Results PLANO, Texas, May 1, 2024 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced results for its first quarter ending March 31, 2024. First Quarter 2024 Financial Highlights • GAAP total revenue of $76.1 million, an increase of 26.9% compared to the year-ago quarter; • GAAP gross margin of 57.8%, compared to 53.6% in the year-ago quarter; • Non-GAAP gross margin of 61.7%, compared to 58.1% in the year-ago quarter; • GAAP net loss of $(11.4) million, compared to $(17.0) million in the year-ago quarter; and • Adjusted EBITDA of $3.8 million”

Carlyle Group Inc. reported the first quarter ended March 31, 2024 results: EPS net income (loss) per common share of $0.18 on a diluted basis.

“Carlyle Reports First Quarter 2024 Financial Results”

Alkermes plc. updated its first quarter of 2024 guidance (reaffirmed).

“On May 1, 2024, Alkermes plc (the “Company”) announced financial results for the three months ended March 31, 2024.”

Acadia Healthcare Company, Inc. reported first quarter ended March 31, 2024 results: revenue $768.1 million, net income $76.4 million, EPS $0.83 per diluted share. Guidance reaffirmed.

“2024 ) – Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced financial results for the first quarter ended March 31, 2024. First Quarter Highlights ● Revenue totaled $768.1 million, an increase of 9.1% over the first quarter of 2023 ● Same facility revenue increased 9.2% compared with the first quarter of 2023, including an increase in revenue per patient”

Skyward Specialty Insurance Group, Inc. reported first quarter 2024 results: net income $36.8 million, or $0.90 per diluted share.

“reported first quarter 2024 net income of $36.8 million, or $0.90 per diluted share”

Regional Management Corp. reported the first quarter ended March 31, 2024 results: revenue $144.3 million, net income $15.2 million, EPS $1.56.

“First Quarter 2024 Highlights • Net income for the first quarter of 2024 was $15.2 million and diluted earnings per share was $1.56, up 73% from $0.90 in the prior-year period. • Net finance receivables as of March 31, 2024 were $1.7 billion, an increase of $68.1 million, or 4.1%, from the prior-year period. - Large loan net finance receivables of $1.3 billion increased $38.8 million, or 3.2%, from the prior-year period and represented 71.7% of the total loan portfolio, compared to 72.3% in the prior-year period. - Small loan net finance receivables were $490.8 million, an increase of 7.6% from the prior-year period. - Total loan originations were $326.4 million in the first quarter of 2024, an increase of $23.2 million, or 7.6%, from the prior-year period, due to controlled growth from credit-tightening actions. • Total revenue for the first quarter of 2024 was $144.3 million, an increase of $8.9 million, or 6.6%, from the prior-year period, primarily due to an increase in interest an”

Fastly, Inc. reported first quarter ended March 31, 2024 results: revenue $ 133,520, EPS $(0.32).

“investment in customer acquisition and go-to-market efforts to diversify our customer base and accelerate revenue growth.” Three months ended March 31, 2024 2023 Revenue $ 133,520 $ 117,564 Gross margin GAAP gross margin 54.8 % 51.3 % Non-GAAP gross margin 58.8 % 55.6 % Operating loss GAAP operating loss $ (46,260) $ (47,275) Non-GAAP operating loss $”

Chefs' Warehouse, Inc. reported fiscal 2024 full year results: revenue $3.640 billion to $3.785 billion. Guidance initiated.

“We are providing fiscal 2024 full year financial guidance as follows: • Net sales in the range of $3.640 billion to $3.785 billion, • Gross profit to be between $867.0 million and $902.0 million and • Adjusted EBITDA to be between $207.0 million and $219.0 million.”

Chefs' Warehouse, Inc. reported first quarter ended March 29, 2024 results: revenue $874.5 million, net income $1.9 million, EPS $0.05 per diluted share. Guidance initiated.

“East, and Canada, today reported financial results for its first quarter ended March 29, 2024. Financial highlights for the first quarter of 2024: • Net sales increased 21.5% to $874.5 million for the first quarter of 2024 from $719.6 million for the first quarter of 2023. • GAAP net income was $1.9 million, or $0.05 per diluted share, for the first quarter of 2024”

Plymouth Industrial REIT, Inc. reported the first quarter ended March 31, 2024 results: net income $6.1 million, or $0.14 per weighted average common share outstanding. Guidance reaffirmed.

“Net income attributable to common stockholders for the quarter ended March 31, 2024, was $6.1 million, or $0.14 per weighted average common share outstanding”

RLJ Lodging Trust reported three months ended March 31, 2024 results: revenue $324,410, net income $4,746, EPS $0.33. Guidance reaffirmed.

“Operational Overview: (1) Comparable ADR $198.84 $199.07 (0.1)% Comparable Occupancy 69.3% 68.5% 1.2% Comparable RevPAR $137.88 $136.45 1.0% Financial Overview: Total Revenue $324,410 $314,503 3.1% Comparable Hotel Revenue $324,392 $314,488 3.1% Net Income $4,746 $10,514 (54.9)% Comparable Hotel EBITDA $88,855 $90,926 (2.3)% Comparable Hotel EBITDA Margin 27.4%”

SunCoke Energy, Inc. updated its first quarter of 2024 guidance (reaffirmed).

“On May 1, 2024, SunCoke Energy, Inc. (the “Company”) issued a press release announcing its financial results for the first quarter of 2024.”

Norwegian Cruise Line Holdings Ltd. reported the first quarter ended March 31, 2024 results: revenue $2.2 billion, net income $17.4 million, EPS $0.04. Guidance raised.

“results for the first quarter ended March 31, 2024 and provided guidance for the second quarter and full year 2024. First Quarter 2024 Highlights: Generated total revenue of $2.2 billion, a 20% increase compared to the same period in 2023 on 8% capacity growth, with GAAP net income of $17.4 million, or EPS of $0.04. Adjusted EBITDA nearly doubled over the prior”

Sixth Street Specialty Lending, Inc. reported first quarter ended March 31, 2024 results: net income $0.53 per share.

“Sixth Street Specialty Lending, Inc. (NYSE: TSLX, or the “Company”) today reported net investment income of $0.59 per share and net income of $0.53 per share for the first quarter ended March 31, 2024.”

Summit Hotel Properties, Inc. reported financial results for three months ended March 31, 2024.

“On May 1, 2024, Summit Hotel Properties, Inc. (the “Company”) issued a press release announcing the operating results of the Company and its subsidiaries for the three months ended March 31, 2024.”

New Mountain Finance Corp reported financial results for quarter ended March 31, 2024.

“New Mountain Finance Corporation (“NMFC” or the “Company”) issued a press release announcing financial results for its quarter ended March 31, 2024.”

eXp World Holdings, Inc. reported financial results for the first quarter ended March 31, 2024.

“On May 1, 2024, eXp World Holdings, Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended March 31, 2024. A copy of the Company’s press release is attached hereto as Exhibit 99.1.”

Schrodinger, Inc. reported first quarter ended March 31, 2024 results: revenue $36.6 million, net income $(54.7) million. Guidance reaffirmed.

“expressly incorporated by specific reference in such filing. --- EX-99.1 (EX-99.1) --- Schrödinger Reports First Quarter 2024 Financial Results First Quarter Total Revenue of $36.6 Million, Software Revenue of $33.4 Million Announces FDA Clearance of Investigational New Drug Application for SGR-3515, a Novel Wee1/Myt1 Inhibitor SGR-1505 and SGR-2921 on Track for”

Hudson Pacific Properties, Inc. reported first quarter 2024 results: revenue $214.0 million, net income $52.2 million, or $0.37 per diluted share, EPS $0.37 per diluted share.

“leased on a show-by-show basis, we are adjusting our outlook to account for this industry uncertainty." Financial Results Compared to First Quarter 2023 • Total revenue of $214.0 million compared to $252.3 million, with the primary drivers being asset sales, followed by a large tenant vacating space at 1455 Market, and lower occupancy and utilization of studio”

Vita Coco Company, Inc. reported the first quarter ended March 31, 2024 results: revenue $112 million, net income $14 million, EPS $0.24 per diluted share. Guidance raised.

“as expressly set forth in such filing. --- EX-99.1 (EX-99.1) --- The Vita Coco Company Reports First Quarter 2024 Financial Results First Quarter Net Sales Increased 2% to $112 million With Vita Coco Coconut Water Growth of 1% First Quarter Net Income Increased $8 million to $14 million and First Quarter Non-GAAP Adjusted EBITDA 1 Increased $12 million to $21”

GENERAC HOLDINGS INC. reported first quarter ended March 31, 2024 results: revenue $889 million, net income $26 million, EPS $0.39 per share. Guidance reaffirmed.

“Net sales increased to $889 million during the first quarter of 2024 as compared to $888 million in the prior-year first quarter. Core sales, which excludes both the impact of acquisitions and foreign currency, was down approximately 1% from the prior year period. - Residential product sales increased approximately 2% to $429 million as compared to $419 million last year. - Commercial & Industrial (“C&I”) product sales decreased approximately 2% to $354 million as compared to $363 million in the prior year. ● Net income attributable to the Company during the first quarter was $26 million, or $0.39 per share, as compared to $12 million, or $0.05 per share, for the same period of 2023.”

OFFICE PROPERTIES INCOME TRUST reported financial results for the quarter ended March 31, 2024.

“On May 1, 2024, Office Properties Income Trust, or the Company, issued a summary press release and a detailed earnings presentation announcing the Company’s financial results for the quarter ended March 31, 2024.”

EVERSPIN TECHNOLOGIES INC. reported first quarter ended March 31, 2024 results: revenue $14.4 million, net income GAAP net loss of $0.2 million, or $(0.01) per diluted share, EPS $(0.01) per diluted share.

“expressly set forth by specific reference in such a filing. ​ --- EX-99.1 (EX-99.1) --- ​ Everspin Reports Unaudited First Quarter 2024 Financial Results ​ Q1’24 revenue of $14.4 million near high end of guidance range ​ Chandler, AZ, May 1, 2024 — Everspin Technologies, Inc. (NASDAQ: MRAM), the world’s leading developer and manufacturer of magnetoresistive”

Mistras Group, Inc. reported first quarter ended March 31, 2024 results: revenue $184.4 million, net income Net income of $1.0 million, EPS $0.03 per share. Guidance reaffirmed.

“MISTRAS Announces First Quarter 2024 Results Q1 2024 Revenue of $184.4 million, up 9.8% from the prior year period; highest Q1 Revenue since 2018 Q1 2024 Net Income of $1.0 million, reflecting an improvement from a net loss of $5.0 million in the prior year period Q1 2024 Adjusted EBITDA (non-GAAP) of $16.2 million compared to $10.4 million in the prior year period, up 55.1%; highest Q1 result historically PRINCETON JUNCTION, N.J., May 1, 2024 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (MG: NYSE), a leading "one source" multinational provider of integrated technology-enabled asset protection solutions, reported financial results for its first quarter ended March 31, 2024. Highlights for the First Quarter 2024* • Revenue of $184.4 million, an increase of 9.8% • Gross profit of $51.1 million, an increase of 10.9%, with gross profit margin of 27.7%, an increase of 30 basis points due to improved operating leverage and strong Aerospace growth, partially offset by higher healthcare claims expe”

JBT MAREL Corp reported first quarter ended March 31, 2024 results: revenue $392 million, net income $23 million (income from continuing operations), EPS $0.71 diluted earnings per share.

“Year 2024 Adjusted EBITDA and Adjusted EPS Guidance First Quarter Highlights: (Results are from continuing operations with comparisons to the prior year period) ◦ Revenue of $392 million increased 1 percent ◦ Income from continuing operations of $23 million and earnings per share of $0.71 increased 33 percent and 34 percent, respectively ◦ Adjusted EBITDA of $57”

Broadstone Net Lease, Inc. reported the quarter ended March 31, 2024 results: revenue $105,366, net income $68,177, EPS $0.35. Guidance reaffirmed.

“through March 2025. SUMMARIZED FINANCIAL RESULTS For the Three Months Ended (in thousands, except per share data) March 31, 2024 December 31, 2023 March 31, 2023 Revenues $ 105,366 $ 105,000 $ 118,992 Net income, including non-controlling interests $ 68,177 $ 6,797 $ 41,374 Net earnings per share – diluted $ 0.35 $ 0.03 $ 0.21 FFO $ 73,135 $ 69,443 $ 81,177”

Energy Recovery, Inc. reported financial results for first quarter ended March 31, 2024.

“On May 1, 2024, Energy Recovery, Inc. (the “Company”) issued an earnings press release announcing its financial results for the first quarter ended March 31, 2024.”

American Water Works Company, Inc. reported first quarter ended March 31, 2024 results: EPS $0.95 per share. Guidance reaffirmed.

“First quarter 2024 earnings were $0.95 per share, compared to $0.91 per share in 2023; results as expected”

Q2 Holdings, Inc. reported first quarter ending March 31, 2024 results: revenue $165.5 million, net income GAAP net loss for the first quarter of $13.8 million. Guidance raised.

“solutions for financial services, today announced results for its first quarter ending March 31, 2024. GAAP Results for the First Quarter 2024 • Revenue for the first quarter of $165.5 million, up 8 percent year-over-year an d up 2 percent from the fourth quarter of 2023. • GAAP gross margin for the first quarter of 49.7 percent, up from 47.9 percent in the prior-year”

NCL CORP Ltd. reported the first quarter ended March 31, 2024 results: revenue $2.2 billion, net income $17.4 million, EPS $0.04. Guidance raised.

“Generated total revenue of $2.2 billion, a 20% increase compared to the same period in 2023 on 8% capacity growth, with GAAP net income of $17.4 million, or EPS of $0.04.”

Spok Holdings, Inc reported first quarter ended March 31, 2024 results: revenue $34,909, net income $4.2 million, EPS $0.21 per diluted share. Guidance reaffirmed.

“$ 2,626 $ 1,618 62.3 % Professional services 4,025 3,239 24.3 % Hardware 384 356 7.9 % Maintenance 9,279 8,939 3.8 % Total software revenue 16,314 14,152 15.3 % Total revenue $ 34,909 $ 33,180 5.2 % For the three months ended March 31, (Dollars in thousands) 2024 2023 Change (%) GAAP Operating expenses $ 30,018 $ 28,463 5.5 % Net income $ 4,236 $ 3,117 35.9 %”

ARES CAPITAL CORP reported first quarter ended March 31, 2024 results: net income $325 million, EPS $0.55.

“GAAP net income(2)(3) $ 449 $ 0.76 $ 278 $ 0.52”

MOSAIC CO reported first quarter of 2024 results: revenue $2.7 billion, net income $45 million, EPS $0.14 per diluted share.

“and the completion of previously announced low capital intensity initiatives that build on our strengths." First Quarter Results Highlights: • First quarter revenues totaled $2.7 billion, down 26 percent from the year ago period, reflecting the impact of lower selling prices. The gross margin rate in the first quarter was 14.9 percent, down from 18.6 percent in”

GENWORTH FINANCIAL INC reported the quarter ended March 31, 2024 results: net income Net income 2 of $139M, EPS $0.31 per diluted share.

“Net income 2 of $139M, or $0.31 per diluted share”

MONOLITHIC POWER SYSTEMS INC reported the quarter ended March 31, 2024 results: revenue $457.9 million, net income GAAP net income was $92.5 million and $1.89 per diluted share, EPS $1.89 per diluted share.

“Monolithic Power Systems, Inc. (“MPS”) (Nasdaq: MPWR), a fabless global company that provides high-performance, semiconductor-based power electronics solutions, today announced financial results for the quarter ended March 31, 2024 . ● Revenue was $457.9 million for the quarter ended March 31, 2024 , a 0.9% increase from $454.0 million for the quarter ended December 31, 2023 and a 1.5% increase from $451.1 million for the quarter ended March 31, 2023 .”

FIRST SOLAR, INC. reported first quarter ended March 31, 2024 results: revenue $794 million, net income $2.20 per diluted share, EPS $2.20. Guidance reaffirmed.

“99.1) --- EX-99.1 2 ex991pressreleaseq1-2024.htm EXHIBIT 99.1 Document EXHIBIT 99.1 News Release First Solar, Inc. Announces First Quarter 2024 Financial Results • Net sales of $794 million • Net income per diluted share of $2.20 • Net cash balance of $1.4 billion • Maintain full-year 2024 P&L guidance • YTD net bookings of 2.7 GW with an average selling price”

ADAMAS TRUST, INC. reported three months ended March 31, 2024 results: net income Net loss attributable to Company's common stockholders $ (68,340), EPS Net loss attributable to Company's common stockholders per share (basic) $ (0.75).

“On May 1, 2024, New York Mortgage Trust, Inc. (the “Company”) issued a press release announcing its financial results for the three months ended March 31, 2024.”

WESTLAKE CORP reported first quarter 2024 results: revenue $2,975, net income $174, EPS $1.34.

“except per share data and percentages) Three Months Ended March 31, 2024 Three Months Ended December 31, 2023 Three Months Ended March 31, 2023 Westlake Corporation Net sales $ 2,975 $ 2,826 $ 3,356 Income (loss) from operations $ 223 $ (552) $ 536 Net income (loss) attributable to Westlake Corporation $ 174 $ (497) $ 394 Diluted earnings (loss) per common”

CIMPRESS plc reported Q3 Fiscal Year 2024 results: revenue $1.2 billion.

“Cimpress delivered strong financial results in our third quarter, driven by a combination of revenue growth, gross margin expansion, and year-over-year operating expense efficiencies, and our outlook remains positive.”

Jazz Pharmaceuticals plc updated its first quarter of 2024 guidance (reaffirmed).

“Jazz Pharmaceuticals plc (Nasdaq: JAZZ) today announced financial results for the first quarter of 2024 and affirmed guidance for 2024.”

HERBALIFE LTD. reported first quarter ended March 31, 2024 results: revenue $1.3 billion, net income $24.3 million, EPS $0.24. Guidance reaffirmed.

“the first quarter ended March 31, 2024: Highlights First Quarter 2024 • Achieved year-over-year net sales growth on both reported and constant currency basis 2 ○ Net sales of $1.3 billion, up 1.0% vs. 1Q ’23, in-line with guidance; on constant currency basis 2 up 2.4% • Net income of $24.3 million • Adjusted EBITDA 1 of $138.3 million exceeds guidance; adjusted”

AXIS CAPITAL HOLDINGS LTD reported the first quarter ended March 31, 2024 results: net income $388 million, EPS $4.53 per diluted common share.

“AXIS Capital Holdings Limited, a Bermuda company, issued a press release reporting its first quarter 2024 results”

GLAUKOS Corp reported first quarter ended March 31, 2024 results: revenue $85.6 million, net income ($40.8 million), EPS ($0.82) per diluted share. Guidance raised.

“of glaucoma, corneal disorders and retinal diseases, today announced financial results for the first quarter ended March 31, 2024. Key highlights include: ● Record net sales of $85.6 million in Q1 2024 increased 16% year-over-year. ● Glaucoma record net sales of $67.2 million in Q1 2024 increased 20% year-over-year. ● Corneal Health net sales of $18.4 million in Q1”

Whitestone REIT reported the three months ended March 31, 2024 results: revenue $37.2 million, net income $9.3 million, or $0.18 per diluted share, EPS $0.18 per diluted share. Guidance reaffirmed.

““ OP ” ) unit basis unless stated otherwise. Reconciliations of Net Income Attributable to Whitestone REIT to FFO, Core FFO, NOI and EBITDAre are included herein. • Revenues of $37.2 million versus $35.9 million for the first quarter of 2023. • Net Income attributable to common shareholders of $9.3 million, or $0.18 per diluted share, versus $3.8 million, or $0.08”

Riot Platforms, Inc. reported financial results for three months ended March 31, 2024.

“and an update on Riot’s business and quarterly financial results and results of operation for the three months ended March 31, 2024”

WESTWOOD HOLDINGS GROUP INC reported first quarter 2024 results: revenue $22.7 million, net income $2.3 million, EPS $0.27 per share.

“for our first actively-managed Exchange-Traded Funds ("ETFs") went effective in March and both ETFs were launched early in the second quarter. ▪ Quarterly revenues totaled $22.7 million versus the fourth quarter's $23.2 million and $22.7 million a year ago. Comprehensive income of $2.3 million compared with the fourth quarter's $2.6 million and $0.7 million in”