secwatch / observer

Earnings Releases

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

8-K items 2.02 JSON
LOGI LOGITECH INTERNATIONAL S.A.

LOGITECH INTERNATIONAL S.A. updated its the quarter and fiscal year ended March 31, 2024 guidance (reaffirmed).

“On April 29, 2024, Logitech International S.A. (“Logitech”) issued a press release regarding its financial results for the quarter and fiscal year ended March 31, 2024.”
FSP FRANKLIN STREET PROPERTIES CORP /MA/

FRANKLIN STREET PROPERTIES CORP /MA/ reported the three months ended March 31, 2024 results: net income $7.6 million, EPS $0.07 per basic and diluted share.

“Franklin Street Properties Corp. Announces First Quarter 2024 Results”
WPC W. P. Carey Inc.

W. P. Carey Inc. reported the first quarter ended March 31, 2024 results: revenue $389.8 million, net income $159.2 million, EPS $0.72. Guidance reaffirmed.

“conformed prior period segment information to reflect how it currently views its business. Revenues • Revenues, including reimbursable costs, for the 2024 first quarter totaled $389.8 million, down 8.9% from $427.8 million for the 2023 first quarter. ◦ Lease revenues decreased primarily as a result of (i) executing the Company’s strategic plan to exit the office”
FORR FORRESTER RESEARCH, INC.

FORRESTER RESEARCH, INC. reported the first quarter ended March 31, 2024 results: revenue $100.1 million, net income $6.7 million, or $0.35 per diluted share, EPS $0.35 per diluted share. Guidance reaffirmed.

“to see Forrester Decisions momentum gather as we progress through the year and into 2025.” First-Quarter Consolidated Results Total revenues for the first quarter of 2024 were $100.1 million, compared with $113.7 million for the comparable quarter in 2023. The company also announced that its board of directors authorized a $25 million increase in the company’s stock”
PAG PENSKE AUTOMOTIVE GROUP, INC.

PENSKE AUTOMOTIVE GROUP, INC. reported the first quarter of 2024 results: revenue $7.4 billion, net income $215.2 million, EPS $3.21.

“For the quarter, revenue increased 1.5% to $7.4 billion. Net income attributable to common stockholders was $215.2 million compared to $298.3 million in the prior year period, and related earnings per share was $3.21 compared to $4.31 for the same period in 2023.”
ATI ATI INC

ATI INC reported first quarter 2024 results: revenue $1.04 billion, net income $66.1 million, EPS $0.46 per share.

“ATI Inc. (NYSE: ATI) reported first quarter 2024 results, with sales of $1.04 billion and net income attributable to ATI of $66.1 million, or $0.46 per share.”
AMZN AMAZON COM INC

AMAZON COM INC reported first quarter ended March 31, 2024 results: revenue $143.3 billion, net income $10.4 billion, EPS $0.98 per diluted share.

“SEATTLE—(BUSINESS WIRE) April 30, 2024—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2024. • Net sales increased 13% to $143.3 billion in the first quarter, compared with $127.4 billion in first quarter 2023. Excluding the $0.2 billion unfavorable impact from year-over-year changes in foreign exchange rates”
TWIN TWIN DISC INC

TWIN DISC INC reported third quarter ended March 29, 2024 results: revenue $74.2 million, net income $3.8 million, EPS $0.27 per diluted share.

“TWIN) , today reported results for the fiscal 2024 third quarter ended March 29, 2024. Fiscal Third Quarter 2024 Highlights • Sales increased 50 basis points year-over-year to $74.2 million • Gross margin of 28.2%, expanded 210 basis points on a year-over-year basis • Net income attributable to Twin Disc was $3.8 million and EBITDA* of $7.0 million • Robust”
MFIN MEDALLION FINANCIAL CORP

MEDALLION FINANCIAL CORP reported quarter ended March 31, 2024 results: net income $10.0 million, EPS $0.42 per share.

“announced today its results for the quarter ended March 31, 2024. 2024 First Quarter Highlights • Net income was $10.0 million, or $0.42 per share”
ACGL ARCH CAPITAL GROUP LTD.

ARCH CAPITAL GROUP LTD. reported financial results for the quarter ended March 31, 2024.

“On April 29, 2024, Arch Capital Group Ltd. issued a press release reporting its earnings and the availability of its financial supplement for the quarter ended March 31, 2024.”
KFRC KFORCE INC

KFORCE INC updated its first quarter ended March 31, 2024 guidance (reaffirmed).

“On April 29, 2024, Kforce Inc. (the "Firm") issued a press release regarding its earnings for the first quarter ended March 31, 2024.”
MIND MIND TECHNOLOGY, INC

MIND TECHNOLOGY, INC reported fiscal 2024 fourth quarter and year ended January 31, 2024 results: revenue approximately $13.4 million, net income approximately $1.4 million, EPS $0.35 per share.

“results for its fiscal 2024 fourth quarter and year ended January 31, 2024 . Revenues from continuing operations for the fourth quarter of fiscal 2024 were approximately $13.4 million compared to $5.0 million in the third quarter of fiscal 2024 and $8.9 million in the fourth quarter of fiscal 2023. The Company reported operating income from continuing”
HEARTLAND FINANCIAL USA INC

HEARTLAND FINANCIAL USA INC reported financial results for the quarter ended March 31, 2024.

“On April 29, 2024, Heartland Financial USA, Inc. ("HTLF") issued a news release announcing its earnings for the quarter ended March 31, 2024.”
SUI SUN COMMUNITIES INC

SUN COMMUNITIES INC reported financial results for the period ended March 31, 2024.

“On April 29, 2024, Sun Communities, Inc. (the "Company") issued a press release, furnished as Exhibit 99.1 and incorporated herein by reference, announcing its financial results for the period ended March 31, 2024, and certain other information.”
RMBS RAMBUS INC

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

“The following table sets forth the second quarter outlook for other measures. (In millions) GAAP Non-GAAP (1) Licensing billings (operational metric) (2) $61 - $67 $61 - $67 Product revenue (GAAP) $52 - $58 $52 - $58 Contract and other revenue (GAAP) $17 - $23 $17 - $23 Total operating costs and expenses $95 - $91 $80 - $76 Interest and other income (expense), net $3 $3 Diluted share count 109 109”
RMBS RAMBUS INC

RAMBUS INC reported the first quarter ended March 31, 2024 results: revenue $117.9 million, net income $32.9 million, EPS $0.30.

“today reported financial results for the first quarter ended March 31, 2024. GAAP revenue for the first quarter was $117.9 million”
MED MEDIFAST INC

MEDIFAST INC reported first quarter ended March 31, 2024 results: revenue $174.7 million, net income $8.3 million, EPS $0.76 per diluted share.

“Medifast (NYSE: MED), the health and wellness company known for its habit-based and Coach-guided lifestyle solution, OPTA VIA®, today reported results for the first quarter ended March 31, 2024. First Quarter 2024 • Revenue of $174.7 million, with revenue per active earning coach of $4,623 • Independent active earning OPTA VIA Coaches of 37,800 • Net income of $8.3 million (non-GAAP adjusted net income of $7.2 million) • Earnings per diluted share ("EPS") of $0.76 (non-GAAP adjusted EPS of $0.66)”
GPUS Hyperscale Data, Inc.

Hyperscale Data, Inc. reported the three months ended March 31, 2024 results: revenue $36 million.

“further information on its public reference room. --- EX-99.1 (EXHIBIT 99.1) --- EX-99.1 2 ex99_1.htm EXHIBIT 99.1 Exhibit 99.1 Ault Alliance Reports Preliminary Revenue of $36 Million for First Quarter 2024 LAS VEGAS--(BUSINESS WIRE) – April 29, 2024 – Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“ Ault Alliance ,” or the “ Company”
AKR ACADIA REALTY TRUST

ACADIA REALTY TRUST reported quarter ended March 31, 2024 results: net income $3.0 million, or $0.03 per share. Guidance reaffirmed.

“On April 29, 2024, Acadia Realty Trust (the “Company”) issued a press release announcing its consolidated financial results for the quarter ended March 31, 2024.”
UWHR UWHARRIE CAPITAL CORP

UWHARRIE CAPITAL CORP reported the period ended March 31, 2024 results: net income $2.4 million, EPS $0.31 per share.

“On April 29, 2024, Uwharrie Capital Corp (the “Registrant”) announced financial results for the period ended March 31, 2024. The Registrant reported consolidated total assets of $1.10 billion at March 31, 2024, compared to $1.07 billion at December 31, 2023. Net income for the three-month period ended March 31, 2024, was $2.4 million versus $2.0 million for the same period in 2023. For the three months ended March 31, 2024, net income available to common shareholders was $2.2 million, or $0.31 per share, compared to $1.8 million, or $0.25 per share, for the three months ended March 31, 2023.”
SANM SANMINA CORP

SANMINA CORP reported fiscal second quarter ended March 30, 2024 results: revenue $1.83 billion, EPS $0.93.

“for the fiscal second quarter ended March 30, 2024 and outlook for its fiscal third quarter ending June 29, 2024. Second Quarter Fiscal 2024 Financial Highlights • Revenue: $1.83 billion • GAAP operating margin: 4.1% • GAAP diluted EPS: $0.93 • Non-GAAP (1) operating margin: 5.4% • Non-GAAP (1) diluted EPS: $1.30 • Cash flow from operations: $72 million • Ending”
LTC LTC PROPERTIES INC

LTC PROPERTIES INC reported first quarter ended March 31, 2024 results: net income $24,065, EPS $0.56 per diluted share.

“LTC Properties, Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced operating results for the first quarter ended March 31, 2024.”
HLIT HARMONIC INC.

HARMONIC INC. reported first quarter of 2024 results: revenue $122.1 million, net income GAAP net loss $8.1 million and non-GAAP net income of $0.4 million, EPS GAAP net loss per share of $0.07 and non-GAAP net income per share of $0.00. Guidance reaffirmed.

“we are reaffirming our full year Broadband revenue guidance while increasing Video full year EBITDA guidance.” Q1 Financial and Business Highlights Financial • Revenue: $122.1 million, compared to $157.6 million in the prior year period ◦ Broadband segment revenue: $78.9 million, compared to $100.4 million in the prior year period ◦ Video segment revenue:”
LSCC LATTICE SEMICONDUCTOR CORP

LATTICE SEMICONDUCTOR CORP reported financial results for the fiscal first quarter ended March 30, 2024.

“On April 29, 2024, Lattice Semiconductor Corporation (the "Company") issued a press release announcing the Company's financial results for the first quarter ended March 30, 2024.”
AIN ALBANY INTERNATIONAL CORP /DE/

ALBANY INTERNATIONAL CORP /DE/ reported financial results for first quarter 2024.

“On April 29, 2024 Albany International issued a news release reporting first quarter 2024 financial results.”
SFDL SECURITY FEDERAL CORP

SECURITY FEDERAL CORP reported quarter ended March 31, 2024 results: net income $1.8 million, EPS $0.54 per common share.

“The Company reported net income of $1.8 million, or $0.54 per common share, for the quarter ended March 31, 2024 compared to $2.7 million, or $0.82, for the first quarter of 2023.”
Paramount Global

Paramount Global reported financial results for the first quarter ended March 31, 2024.

“On April 29, 2024, Paramount Global issued a press release announcing earnings for the first quarter ended March 31, 2024.”
CSR CENTERSPACE

CENTERSPACE reported three months ended March 31, 2024 results: net income $(0.37). Guidance raised.

“Centerspace (the "Company") issued an earnings release on April 29, 2024, announcing certain financial and operational results for the three months ended March 31, 2024.”
JKHY JACK HENRY & ASSOCIATES INC

JACK HENRY & ASSOCIATES INC reported financial results for third quarter ended March 31, 2024.

“On April 29, 2024, Jack Henry & Associates, Inc. issued a press release announcing its deconversion revenue for the fiscal third quarter ended March 31, 2024”
WELL WELLTOWER INC.

WELLTOWER INC. reported the quarter ended March 31, 2024 results: net income $0.22 per diluted share. Guidance raised.

“Welltower Inc. (NYSE:WELL ) today announced results for the quarter ended March 31, 2024.”
PKOH PARK OHIO HOLDINGS CORP

PARK OHIO HOLDINGS CORP reported first quarter of 2024 results: revenue $417.6 million, net income $10.6 million, EPS $0.83 per diluted share. Guidance reaffirmed.

“except as shall be expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- ParkOhio Announces Strong First Quarter 2024 Results • Net sales of $418 million compared to $424 million in Q1 2023 • GAAP EPS from continuing operations improved 36% to $0.83 per diluted share, up from $0.61 in Q1 2023; Adjusted EPS from continuing”
FIRST OF LONG ISLAND CORP

FIRST OF LONG ISLAND CORP reported first quarter of 2024 results: net income $4.4 million, EPS $0.20.

“Net income and earnings per share for the quarter ended March 31, 2024, were $4.4 million and $0.20, respectively”
GABC GERMAN AMERICAN BANCORP, INC.

GERMAN AMERICAN BANCORP, INC. reported first quarter 2024 results: net income $19.0 million, EPS $0.64 per share.

“German American Bancorp, Inc. (Nasdaq: GABC) reported first quarter 2024 earnings of $19.0 million, or $0.64 per share”
MSA MSA Safety Inc

MSA Safety Inc reported the quarter ended March 31, 2024 results: revenue $413 million, net income $58 million, or $1.47 per diluted share, EPS $1.47 per diluted share. Guidance reaffirmed.

“and solutions provider MSA Safety Incorporated (NYSE: MSA) today reported financial results for the first quarter of 2024. Quarterly Highlights • Achieved quarterly net sales of $413 million, a 4% increase year-over-year. • Generated GAAP operating income of $80 million, or 19.4% of sales, and adjusted operating income of $88 million, or 21.3% of sales. • Recorded”
FLXS FLEXSTEEL INDUSTRIES INC

FLEXSTEEL INDUSTRIES INC updated its fourth quarter fiscal 2024 guidance (raised).

“For the fourth quarter fiscal 2024, the Company reiterates previously disclosed sales guidance. The Company is increasing the low-end range of expected adjusted operating margin”
FLXS FLEXSTEEL INDUSTRIES INC

FLEXSTEEL INDUSTRIES INC reported Third Quarter Ended March 31, 2024 results: revenue $107.2 million, net income $1.8 million, EPS $0.33.

“Strong sales growth of 8.2%. Net sales for the quarter of $107.2 million compared to $99.1 million in the prior year quarter. • Robust sales orders of $111.5 million representing growth of $12.2M, or 12.3%, compared to the prior year quarter. • Significant gross margin expansion to 21.7% compared to 18.8% in the prior year quarter. • GAAP operating income of $3.0 million or 2.8% of net sales compared to $2.1 million or 2.1% of net sales in the prior year quarter. o Adjusted operating income of $5.6 million or 5.2% of net sales for the third quarter compared to $2.1 million or 2.1% of net sales in the prior year quarter. • GAAP net income per diluted share of $0.33 for the current quarter compared to net income per diluted share of $0.28 in the prior year quarter.”
HNI HNI CORP

HNI CORP reported first quarter ended March 30, 2024 results: revenue $588.0 million, net income $17.7 million, EPS $0.37. Guidance reaffirmed.

“HNI Corporation (NYSE: HNI) today announced sales for the first quarter ended March 30, 2024 of $588.0 million and net income of $17.7 million.”
BEN FRANKLIN RESOURCES INC

FRANKLIN RESOURCES INC reported the quarter ended March 31, 2024 results: revenue $ 2,152.8, net income $ 124.2, EPS $0.23 per diluted share.

“Ended % Change Quarter Ended % Change 31-Mar-24 31-Dec-23 Qtr. vs. Qtr. 31-Mar-23 Year vs. Year Financial Results (in millions, except per share data) Operating revenues $ 2,152.8 $ 1,991.1 8 % $ 1,927.2 12 % Operating income 129.3 206.5 (37 %) 255.1 (49 %) Operating margin 6.0 % 10.4 % 13.2 % Net income1 $ 124.2 $ 251.3 (51 %) $ 194.2 (36 %) Diluted”
KINS KINGSTONE COMPANIES, INC.

KINGSTONE COMPANIES, INC. reported preliminary financial results for first quarter ended March 31, 2024.

“On April 29, 2024, Kingstone Companies, Inc. (the “Company”) issued a press release announcing certain preliminary financial results for its first quarter ended March 31, 2024”
RVTY REVVITY, INC.

REVVITY, INC. reported first quarter ended March 31, 2024 results: revenue $650 million, EPS $0.21. Guidance reaffirmed.

“reference in such a filing. --- EX-99.1 (EX-99.1) --- FOR IMMEDIATE RELEASE April 29, 2024 Revvity Announces Financial Results for the First Quarter of 2024 • Revenue of $650 million; (4)% reported growth; (3)% organic growth • First quarter GAAP EPS of $0.21; Adjusted EPS from continuing operations of $0.98 • Reaffirms full year 2024 organic growth and”
FLS FLOWSERVE CORP

FLOWSERVE CORP updated its first quarter ended March 31, 2024 guidance (raised).

“On April 29, 2024, Flowserve Corporation, a New York corporation (the “Company”), issued a press release announcing financial results for the first quarter ended March 31, 2024.”
CFSB Bancorp, Inc. /MA/

CFSB Bancorp, Inc. /MA/ reported three months ended March 31, 2024 results: net income net loss of $40,000, EPS $0.01 per basic and diluted share.

“a net loss of $40,000, or $0.01 per basic and diluted share, for the three months ended March 31, 2024”
FINW Finwise Bancorp

Finwise Bancorp reported the quarter ended March 31, 2024 results: net income $3.3 million, EPS $0.25.

“FINWISE BANCORP REPORTS FIRST QUARTER RESULTS - Net Income of $3.3 Million for First Quarter of 2024 - - Diluted Earnings Per Share of $0.25 for First Quarter of 2024”
Li-Cycle Holdings Corp.

Li-Cycle Holdings Corp. reported the three months ended March 31, 2022 results: revenue 8.0, net income (9.8), EPS $ (0.06).

“For the three months ended March 31, 2023 For the three months ended March 31, 2022 Revenue Product revenue $ 3.1 $ 7.7 Recycling service revenue 0.5 0.3 Total revenue 3.6 8.0 Cost of sales Cost of sales - Product revenue (19.1) (8.5) Cost of sales - Recycling service revenue — — Total cost of sales (19.1) (8.5) Selling, general and administrative expense (22.7) (20.2) Research and development (0.9) (0.6) Loss from operations $ (39.1) $ (21.3) Other income (expense) Interest income 5.0 0.2 Interest expense (1.1) (3.4) Foreign exchange loss (0.5) (0.2) Fair value gain (loss) on financial instruments (0.7) 14.9 $ 2.7 $ 11.5 Net loss before taxes $ (36.4) $ (9.8) Income tax (0.1) — Net loss and comprehensive loss $ (36.5) $ (9.8) Net loss and comprehensive loss attributable to Shareholders of Li-Cycle Holdings Corp. (36.5) (9.8) Non-controlling interest — — Net loss and comprehensive loss $ (36.5) $ (9.8) Loss per common share - basic and diluted $ (0.21) $ (0.06)”
Li-Cycle Holdings Corp.

Li-Cycle Holdings Corp. reported the three months ended March 31, 2023 results: revenue 3.6, net income (36.5), EPS $ (0.21).

“For the three months ended March 31, 2023 For the three months ended March 31, 2022 Revenue Product revenue $ 3.1 $ 7.7 Recycling service revenue 0.5 0.3 Total revenue 3.6 8.0 Cost of sales Cost of sales - Product revenue (19.1) (8.5) Cost of sales - Recycling service revenue — — Total cost of sales (19.1) (8.5) Selling, general and administrative expense (22.7) (20.2) Research and development (0.9) (0.6) Loss from operations $ (39.1) $ (21.3) Other income (expense) Interest income 5.0 0.2 Interest expense (1.1) (3.4) Foreign exchange loss (0.5) (0.2) Fair value gain (loss) on financial instruments (0.7) 14.9 $ 2.7 $ 11.5 Net loss before taxes $ (36.4) $ (9.8) Income tax (0.1) — Net loss and comprehensive loss $ (36.5) $ (9.8) Net loss and comprehensive loss attributable to Shareholders of Li-Cycle Holdings Corp. (36.5) (9.8) Non-controlling interest — — Net loss and comprehensive loss $ (36.5) $ (9.8) Loss per common share - basic and diluted $ (0.21) $ (0.06)”
SOFI SoFi Technologies, Inc.

SoFi Technologies, Inc. reported the three months ended March 31, 2024 results: revenue $644,995, net income $88,043, EPS $0.08. Guidance raised.

“16% sequentially." Consolidated Results Summary Three Months Ended March 31, % Change ($ in thousands, except per share amounts) 2024 2023 Consolidated – GAAP Total net revenue $ 644,995 $ 472,158 37 % Net income (loss) 88,043 (34,422) n/m Net income (loss) attributable to common stockholders – basic 77,964 (44,390) n/m Net income (loss) attributable to common”
WGS GeneDx Holdings Corp.

GeneDx Holdings Corp. reported quarter ended March 31, 2024 results: revenue $61.5 million, net income $8.5 million. Guidance raised.

“and reiterate our expectation to reach profitability in 2025.” First Quarter 2024 Financial Results (Unaudited) 1,2 Revenues • Revenues from continuing operations grew to $61.5 million, an increase of 51% year-over-year and 6% sequentially. ◦ Total company revenues were $62.4 million. • Exome and genome test revenue grew to $44.0 million, an increase of 96%”
RBOT Vicarious Surgical Inc.

Vicarious Surgical Inc. reported the quarter ended March 31, 2024 results: net income GAAP net loss for the first quarter was $17.0 million, equating to a net loss per share of $0.10, EPS $0.10. Guidance reaffirmed.

“Vicarious Surgical Reports First Quarter 2024 Financial Results”
E2open Parent Holdings, Inc.

E2open Parent Holdings, Inc. reported financial results for the three months and fiscal year ended February 29, 2024.

“On April 29, 2024, E2open Parent Holdings, Inc. (the Company) announced its financial results for the three months and fiscal year ended February 29, 2024. A copy of the Company's press release for the same periods is furnished as Exhibit 99.1 to this Current Report on Form 8-K.”
NTST NETSTREIT Corp.

NETSTREIT Corp. reported the first quarter ended March 31, 2024 results: net income $0.01, EPS $0.01. Guidance raised.

“NETSTREIT REPORTS FIRST QUARTER 2024 FINANCIAL AND OPERATING RESULTS – Net income of $0.01 and Adjusted Funds from Operations ("AFFO") of $0.31 Per Diluted Share for First Quarter – – Completed $129.2 Million of Gross Investment Activity at 7.5% Blended Cash Yield for First Quarter – – Increasing Low End of 2024 AFFO Per Share Guidance to a New Range of $1.25 to $1.28 –”

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.