secwatch / observer

Earnings Releases

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

8-K items 2.02 JSON
TRTX TPG RE Finance Trust, Inc.

TPG RE Finance Trust, Inc. reported first quarter ended March 31, 2024 results: net income 13.1 million, EPS 0.17.

“Recognized GAAP net income attributable to common stockholders of $13.1 million, or $0.17 per common share, based on a diluted weighted average share count of 77.9 million common shares.”
CHCT Community Healthcare Trust Inc

Community Healthcare Trust Inc reported the three months ended March 31, 2024 results: net income approximately $3.7 million, EPS $0.11 per diluted common share.

“The Company reported net income for the three months ended March 31, 2024 of approximately $3.7 million, or $0.11 per diluted common share.”
CC Chemours Co

Chemours Co reported first quarter 2024 results: revenue $1.4 billion, net income $52 million, or $0.34 per diluted share, EPS $0.34 per diluted share.

“Solutions (“TSS”), and Advanced Performance Materials (“APM”), today announced its financial results for the first quarter 2024. Key First Quarter 2024 Results • Net Sales of $1.4 billion, down 12% year-over-year • Net Income attributable to Chemours of $52 million, or $0.34 per diluted share, compared with $145 million, or $0.96 per diluted share, in the”
DEA Easterly Government Properties, Inc.

Easterly Government Properties, Inc. reported the first quarter ended March 31, 2024 results: net income $4.9 million, EPS $0.05 per share on a fully diluted basis.

“On April 30, 2024, we issued a press release announcing our results of operations for the first quarter ended March 31, 2024.”
NXRT NexPoint Residential Trust, Inc.

NexPoint Residential Trust, Inc. reported financial results for first quarter ended March 31, 2024.

“announced financial results for the Company’s first quarter ended March 31, 2024”
QSR Restaurant Brands International Inc.

Restaurant Brands International Inc. reported first quarter ended March 31, 2024 results: net income Net Income of $328 million, EPS Diluted EPS was $0.72.

“Restaurant Brands International Inc. Reports First Quarter 2024 Results”
RSTRF Restaurant Brands International Limited Partnership

Restaurant Brands International Limited Partnership reported three months ended March 31, 2024 results: revenue $1,739, net income $328, EPS $0.72.

“13,639 Consolidated 31,113 29,956 2 Consolidated Financial Highlights Three Months Ended March 31, (in US$ millions, except per share data) 2024 2023 (Unaudited) Total Revenues $ 1,739 $ 1,590 Income from Operations $ 544 $ 447 Net Income $ 328 $ 277 Diluted Earnings per Share $ 0.72 $ 0.61 TH $ 224 $ 212 BK $ 106 $ 96 PLK $ 58 $ 51 FHS $ 10 $ 9 INTL $ 142 $ 137”
PK Park Hotels & Resorts Inc.

Park Hotels & Resorts Inc. reported financial results for first quarter ended March 31, 2024.

“On April 30, 2024, Park Hotels & Resorts Inc. (the “Company”) issued a press release announcing its results of operations for the first quarter ended March 31, 2024”
Axonics, Inc.

Axonics, Inc. reported three months ended March 31, 2024 results: revenue $91.4 million, net income Net loss was $19.1 million.

“of Boston Scientific as we endeavor to bring our life-changing incontinence therapies to more patients than ever before.” First Quarter 2024 Financial Results • Net revenue was $91.4 million, an increase of 29% compared to the prior year period. ◦ Sacral neuromodulation revenue was $71.7 million, an increase of 30% compared to the prior year period. ◦ Bulkamid”
FPI Farmland Partners Inc.

Farmland Partners Inc. reported quarter ended March 31, 2024 results: revenue $11,990, net income $1,408, EPS $0.01. Guidance raised.

“share ​ $ 0.06 ​ $ 0.03 ​ ​ 100.0 % Adjusted EBITDAre (2) ​ $ 8,582 ​ $ 7,088 ​ ​ 21.1 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Operating Results: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Operating Revenues ​ $ 11,990 ​ $ 12,672 ​ ​ (5.4) % Net Operating Income (NOI) ​ $ 9,651 ​ $ 9,544 ​ ​ 1.1 % NM = Not Meaningful (1) Basic net income per share available to common stockholders. See “Note”
VNOM Sub, Inc.

VNOM Sub, Inc. reported the first quarter ended March 31, 2024 results: net income $99.6 million, EPS $0.49 per common share. Guidance initiated.

“Q1 2024 consolidated net income (including non-controlling interest) of $99.6 million; net income attributable to Viper Energy, Inc. of $43.4 million, or $0.49 per common share”
EnLink Midstream, LLC

EnLink Midstream, LLC reported first quarter of 2024 results: net income $50.0 million.

“EnLink Midstream, LLC (the “Company”) issued a press release reporting its financial results for the first quarter of 2024.”
CZR Caesars Entertainment, Inc.

Caesars Entertainment, Inc. reported first quarter ended March 31, 2024 results: revenue $2.7 billion, net income $158 million.

“GAAP net revenues of $2.7 billion versus $2.8 billion for the comparable prior-year period.”
OMF OneMain Holdings, Inc.

OneMain Holdings, Inc. reported first quarter of 2024 results: revenue $1.4 billion, net income $155 million, EPS $1.29 per diluted share.

“billion in the first quarter of 2024, down 10% from $2.8 billion in the prior year quarter. Interest income and total revenue in the first quarter of 2024 was $1.2 billion and $1.4 billion, respectively, up 7% from prior year quarter of $1.1 billion and $1.3 billion. This growth was driven by higher average net finance receivables. Interest expense was $276 million”
ATEN A10 Networks, Inc.

A10 Networks, Inc. reported first quarter ended March 31, 2024 results: revenue $60.7 million, net income GAAP net income of $9.7 million, EPS $0.13 per diluted share.

“of cybersecurity and infrastructure solutions, today announced financial results for its first quarter ended March 31, 2024. First Quarter 2024 Financial Summary • Revenue of $60.7 million, in-line with expectations and up 5.2% year-over-year. • GAAP gross margin of 81.1%; non-GAAP gross margin of 81.9% as a result of continued focus on operational execution of”
LGIH LGI Homes, Inc.

LGI Homes, Inc. reported three months ended March 31, 2024 results: revenue Home sales revenues of $390.9 million, net income Net income of $17.1 million, or $0.72 basic EPS and $0.72 diluted EPS.

“NEWSWIRE) - LGI Homes, Inc. (NASDAQ: LGIH) today announced financial results for the three months ended March 31, 2024. First Quarter 2024 Highlights • Home sales revenues of $390.9 million • Home closings of 1,083 • Average sales price per home closed of $360,897 • Gross margin as a percentage of home sales revenues of 23.4% • Adjusted gross margin (non-GAAP) as a”
VNCE VINCE HOLDING CORP.

VINCE HOLDING CORP. reported fourth quarter ended February 3, 2024 results: revenue $75.3 Million.

“Q4 Fiscal 2023 Total Company Net Sales of $75.3 Million”
SPNT SiriusPoint Ltd

SiriusPoint Ltd reported first quarter ended March 31, 2024 results: net income $90.8 million, EPS $0.49 per diluted common share. Guidance reaffirmed.

“On April 30, 2024, SiriusPoint Ltd. issued a press release reporting its financial results for the first quarter ended March 31, 2024”
WSBF Waterstone Financial, Inc.

Waterstone Financial, Inc. reported the quarter ended March 31, 2024 results: net income $3.0 million, EPS $0.16 per diluted share.

“reported net income of $3.0 million, or $0.16 per diluted share, for the quarter ended March 31, 2024”
TMHC Taylor Morrison Home Corp

Taylor Morrison Home Corp reported the first quarter ended March 31, 2024 results: revenue $1.6 billion, net income $190 million, EPS $1.75 per diluted share. Guidance raised.

“the first quarter of 2023: • Net sales orders increased 29% to 3,686, driven by a monthly absorption pace of 3.7 per community versus 2.9 a year ago • Home closings revenue of $1.6 billion, driven by 2,731 home closings at an average price of $599,000 • Home closings gross margin of 24.0% • 74,182 homebuilding lots owned and controlled, representing 6.5 years of”
RITM Rithm Capital Corp.

Rithm Capital Corp. reported first quarter ended March 31, 2024 results: net income $261.6 million, EPS $0.54 per diluted common share.

“GAAP net income of $261.6 million, or $0.54 per diluted common share”
MASS 908 Devices Inc.

908 Devices Inc. reported full year 2024 results: revenue $63.0 million to $65.0 million. Guidance initiated.

“908 Devices now expects full year reported 2024 revenue to be in the range of $63.0 million to $65.0 million, representing 25% to 29% growth over full year 2023.”
MASS 908 Devices Inc.

908 Devices Inc. reported first quarter ended March 31, 2024 results: revenue $10.0 million, net income $10.9 million, EPS $0.33. Guidance initiated.

“Revenue was $10.0 million for the three months ended March 31, 2024, a 5% increase over the prior year period. This was primarily driven by an increase in handheld devices revenue offset by a decrease in desktop devices revenue. The installed base grew to 2,914 devices with 53 handheld devices and 8 desktop devices placed during the first quarter 2024. Recurring revenue represented 45% of total revenues in the quarter. Gross profit was $5.0 million for the first quarter of 2024, compared to $4.4 million for the corresponding prior year period. Gross margin was 50% as compared to 46% for the corresponding prior year period. Operating expenses were $17.7 million for the first quarter of 2024, compared to $17.4 million for the corresponding prior year period. This increase was driven by stock-based compensation and legal fees related to our acquisition, offset in part by a reduction in third party commissions and salary and related costs. Net loss was $10.9 million for the first quarter o”
MPLX MPLX LP

MPLX LP reported first quarter 2024 results: net income $1,005 million.

“MPLX LP (NYSE: MPLX) today reported first-quarter 2024 net income attributable to MPLX of $1,005 million”
ETN Eaton Corp plc

Eaton Corp plc reported the quarter ended March 31, 2024 results: revenue $5.9 billion, EPS $2.04. Guidance raised.

“to acquisitions and divestitures, adjusted earnings per share of $2.40 were also a first quarter record and up 28% over the first quarter of 2023. Sales in the quarter were $5.9 billion, a first quarter record and up 8% from the first quarter of 2023, driven entirely by organic sales growth. Segment margins were 23.1%, a first quarter record and a 340-basis”
NMIH NMI Holdings, Inc.

NMI Holdings, Inc. reported three months ended March 31, 2024 results: net income net income of $89.0 million, EPS Diluted earnings per share was $1.08.

“NMI Holdings, Inc. (Nasdaq: NMIH) today reported net income of $89.0 million, up 7% compared to $83.4 million in the fourth quarter ended December 31, 2023 and up 20% compared to $74.5 million in the first quarter ended March 31, 2023. Diluted earnings per share was $1.08, up 8% compared to $1.01 in the fourth quarter ended December 31, 2023 and up 24% compared to $0.88 in the first quarter ended March 31, 2023.”
SFBC Sound Financial Bancorp, Inc.

Sound Financial Bancorp, Inc. reported the quarter ended March 31, 2024 results: net income net income of $770 thousand, EPS $0.30 diluted earnings per share.

“On April 29, 2024, Sound Financial Bancorp, Inc. (the “Company”), (Nasdaq: SFBC), the holding company of Sound Community Bank, issued its earnings press release announcing financial results for the first quarter ended March 31, 2024.”
FANG Diamondback Energy, Inc.

Diamondback Energy, Inc. reported the first quarter ended March 31, 2024 results: net income $768 million, EPS $4.28 per diluted share.

“Diamondback's first quarter 2024 net income was $768 million, or $4.28 per diluted share.”
VOYA Voya Financial, Inc.

Voya Financial, Inc. reported first-quarter 2024 results: net income $234 million, EPS $2.24 per diluted share.

“First-quarter 2024 net income available to common shareholders of $234 million, or $2.24 per diluted share”
Inari Medical, Inc.

Inari Medical, Inc. reported first quarter ended March 31, 2024 results: revenue $143.2 million, net income Net loss was $24.2 million, EPS net loss per share was $0.42. Guidance raised.

“and other diseases, today reported financial results for its first quarter ended March 31, 2024. First Quarter Financial and Recent Business Highlights • Generated revenue of $143.2 million in Q1 of 2024, up 23.3% over the same quarter last year. • GAAP operating loss was $17.2 million in Q1 of 2024, compared to a $5.3 million operating loss in the same quarter of”
FBIN Fortune Brands Innovations, Inc.

Fortune Brands Innovations, Inc. updated its first quarter 2024 guidance (reaffirmed).

“On April 30, 2024, Fortune Brands Innovations, Inc. (the “Company”) issued a press release reporting the Company’s first quarter 2024 results, as well as reaffirming certain guidance for 2024.”
MCHB Mechanics Bancorp

Mechanics Bancorp reported financial results for the quarter ended March 31, 2024.

“On April 30, 2024, HomeStreet, Inc. issued a press release reporting results of operations for the first quarter of 2024.”
IF Bancorp, Inc.

IF Bancorp, Inc. reported nine months ended March 31, 2024 results: net income $1.4 million, EPS $0.42 per basic and diluted share.

“The Company announced unaudited net income of $1.4 million, or $0.42 per basic and diluted share for the nine months ended March 31, 2024”
IF Bancorp, Inc.

IF Bancorp, Inc. reported three months ended March 31, 2024 results: net income $708,000, EPS $0.22 per basic and diluted share.

“IF Bancorp, Inc. (NASDAQ: IROQ) (the “Company”) the holding company for Iroquois Federal Savings and Loan Association (the “Association”), announced unaudited net income of $708,000, or $0.22 per basic and diluted share, for the three months ended March 31, 2024”
LIND LINDBLAD EXPEDITIONS HOLDINGS, INC.

LINDBLAD EXPEDITIONS HOLDINGS, INC. reported first quarter ended March 31, 2024 results: revenue $153.6 million, net income $5.1 million, $0.10 per diluted share, EPS $0.10 per diluted share.

“Inc. Reports 2024 First Quarter Financial Results and Announces Acquisition of Wineland-Thomson Adventures, Inc. First Quarter 2024 Highlights: ● Total revenue increased 7% to $153.6 million ● Lindblad segment available guest nights increased 3% ● Lindblad segment net yield per available guest night increased 1% to $1,219 with higher pricing and occupancy of 76% ●”
MPC Marathon Petroleum Corp

Marathon Petroleum Corp reported first quarter of 2024 results: net income $937 million, EPS $2.58 per diluted share.

“Marathon Petroleum Corp. (NYSE: MPC) today reported net income attributable to MPC of $937 million, or $2.58 per diluted share, for the first quarter of 2024.”
PINS PINTEREST, INC.

PINTEREST, INC. reported the quarter ended March 31, 2024 results: revenue $740 million, net income $25 million.

“a filing. --- EX-99.1 (EX-99.1) --- Pinterest Announces First Quarter 2024 Results, Reports 23% Revenue Growth and More Than Half A Billion Monthly Active Users Q1 Revenue of $740 million, an increase of 23%, nearly doubling growth rate from prior quarter Record 518 million global monthly active users, an increase of 12% SAN FRANCISCO, Calif. - April 30, 2024 -”
AAT American Assets Trust, Inc.

American Assets Trust, Inc. reported first quarter ended March 31, 2024 results: net income $19.3 million, EPS $0.32 per diluted share. Guidance raised.

“Net income available to common stockholders of $19.3 million for the first quarter, or $0.32 per diluted share.”
HRZN Horizon Technology Finance Corp

Horizon Technology Finance Corp reported the first quarter ended March 31, 2024 results: net income $12.6 million, or $0.38 per share, EPS $0.38 per share.

“Horizon Technology Finance Announces First Quarter 2024 Financial Results - First Quarter 2024 Net Investment Income per Share of $0.38; NAV per Share of $9.64”
QUAD Quad/Graphics, Inc.

Quad/Graphics, Inc. reported first quarter ended March 31, 2024 results: revenue $655 million, net income Net Loss of $28 million, EPS $0.60 Diluted Loss Per Share. Guidance reaffirmed.

“Quad/Graphics, Inc. (NYSE: QUAD) (“Quad” or the “Company”), a global marketing experience company, today reported results for the first quarter ended March 31, 2024. Recent Highlights • Realized Net Sales of $655 million in the first quarter of 2024 compared to $767 million in 2023, and recognized a Net Loss of $28 million or $0.60 Diluted Loss Per Share for the first quarter of 2024. • Achieved Non-GAAP Adjusted EBITDA of $51 million in the first quarter of 2024 compared to $60 million in the first quarter of 2023, and reported $0.10 Adjusted Diluted Earnings Per Share for the first quarter of 2024. • Completed restructuring actions that are expected to generate $60 million of cost savings in 2024. • Announced In-Store Connect, a new retail solution that aims to advance the in-store shopping experience by creating digital interactions throughout physical retail environments. • Launched Household Fusion TM , a first-of-its-kind postal optimization program created to offset continued U.”
RYZ Ryerson Holding Corp

Ryerson Holding Corp reported first quarter ended March 31, 2024 results: revenue $1.24 billion, net income Net Loss attributable to Ryerson Holding Corporation of $7.6 million, EPS Diluted earnings (loss) per share $ (0.22 ).

“RYI), a leading value-added processor and distributor of industrial metals, today reported results for the first quarter ended March 31, 2024. Highlights: • Earned Revenue of $1.24 billion on 497,000 tons shipped and average selling price of $2,493 per ton. • Net Loss attributable to Ryerson Holding Corporation of $7.6 million with Adjusted EBITDA 1 , excluding”
STAG STAG Industrial, Inc.

STAG Industrial, Inc. reported the quarter ended March 31, 2024 results: net income $36.6 million, EPS $0.20 per basic and diluted common share.

“STAG Industrial, Inc. (the “Company”) (NYSE:STAG), today announced its financial and operating results for the quarter ended March 31, 2024.”
TT Trane Technologies plc

Trane Technologies plc reported first quarter 2024 results: revenue $4.2 billion, EPS $1.94. Guidance raised.

“Strong First Quarter Results and Raises 2024 Revenue and EPS Guidance Highlights (first-quarter 2024 versus first-quarter 2023, unless otherwise noted): l Reported revenues of $4.2 billion, up 15 percent; organic revenues* up 14 percent l GAAP operating margin up 250 bps; adjusted operating margin* up 230 bps l Adjusted EBITDA margin* of 16.8 percent, up 200 bps l”
RIG Transocean Ltd.

Transocean Ltd. reported first quarter 2024 results: revenue $763 million, net income $98 million, EPS $0.11 per diluted share.

“2024 adjusted net loss was $22 million, $0.03 per diluted share. ​ Contract drilling revenues for the three months ended March 31, 2024, increased sequentially by $22 million to $763 million, primarily due to increased activity for rigs that returned to work or were fully active this quarter after undergoing contract preparation, higher dayrate and higher”
TREE LendingTree, Inc.

LendingTree, Inc. reported the quarter ended March 31, 2024 results: revenue $167.8 million, net income $1.0 million, EPS $0.08 per diluted share. Guidance raised.

“REPORTS FIRST QUARTER 2024 RESULTS Insurance Segment Strength and Operating Leverage Drive Strong Results at Top or Above of Forecasted Range • Consolidated revenue of $167.8 million • GAAP net income of $1.0 million or $0.08 per diluted share • Variable marketing margin of $69.4 million • Adjusted EBITDA of $21.6 million • Adjusted net income per share of”
OCSL Oaktree Specialty Lending Corp

Oaktree Specialty Lending Corp reported financial results for the fiscal quarter ended March 31, 2024.

“On April 30, 2024, Oaktree Specialty Lending Corporation (the "Company") issued a press release announcing its financial results for the fiscal quarter ended March 31, 2024”
Hillenbrand, Inc.

Hillenbrand, Inc. reported second quarter ended March 31, 2024 results: revenue $785 million, net income $6 million, or $0.09 per share, EPS $0.09. Guidance lowered.

“except as shall be expressly set forth by specific reference in such filing. --- EX-99.1 (EX-32.1) --- Hillenbrand Reports Fiscal Second Quarter 2024 Results • Revenue of $785 million increased 14% compared to prior year; organic revenue decreased 5% primarily due to lower volume in the Molding Technology Solutions (MTS) segment • GAAP EPS of $0.09 decreased”
GPK GRAPHIC PACKAGING HOLDING CO

GRAPHIC PACKAGING HOLDING CO reported First Quarter 2024 results: net income $165 million, EPS $0.53 per share.

“Net Income was $165 million, or $0.53 per share, based upon 309.1 million weighted average diluted shares.”
NXPI NXP Semiconductors N.V.

NXP Semiconductors N.V. reported first quarter 2024 results: revenue $3.13 billion, net income $639 million, EPS $2.47.

“NXP delivered quarterly revenue of $3.13 billion”
LC LendingClub Corp

LendingClub Corp reported the first quarter ended March 31, 2024 results: revenue $ 180.7, net income $ 12.3, EPS $ 0.11.

“Three Months Ended ($ in millions, except per share amounts) March 31, 2024 December 31, 2023 March 31, 2023 Total net revenue $ 180.7 $ 185.6 $ 245.7 Non-interest expense 132.2 130.0 157.3 Pre-provision net revenue (1) 48.5 55.6 88.4 Provision for credit losses 31.9 41.9 70.6 Income before income tax expense 16.5 13.7 17.8 Income tax expense (4.3) (3.5) (4.1) Net income $ 12.3 $ 10.2 $ 13.7 Diluted EPS $ 0.11 $ 0.09 $ 0.13”

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.