secwatch / observer

Earnings Releases

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

8-K items 2.02 JSON
BCAL California BanCorp \ CA

California BanCorp \ CA reported the first quarter of 2024 results: net income $4.9 million, EPS $0.26 per diluted share.

“Southern California Bancorp reported net income of $4.9 million for the first quarter of 2024, or $0.26 per diluted share”
California BanCorp

California BanCorp reported financial results for first quarter ended March 31, 2024.

“On April 29, 2024, California BanCorp (the “Company”) issued a press release setting forth its unaudited financial results for the quarter ended March 31, 2024.”
LNKB LINKBANCORP, Inc.

LINKBANCORP, Inc. reported the quarter ended March 31, 2024 results: net income $5.73 million, EPS $0.15 per diluted share.

“reported net income of $5.73 million, or $0.15 per diluted share, for the quarter ended March 31, 2024”
MBIO MUSTANG BIO, INC.

MUSTANG BIO, INC. reported preliminary financial results for the three months ended March 31, 2024.

“Based on information currently available, we estimate that as of March 31, 2024, cash and cash equivalents were approximately $1.3 million, and cash used in operating activities for the first quarter of 2024 was $5.3 million.”
YUMC Yum China Holdings, Inc.

Yum China Holdings, Inc. reported financial results for the first quarter ended March 31, 2024.

“On April 29, 2024, Yum China Holdings, Inc. issued a press release announcing its unaudited results for the first quarter ended March 31, 2024.”
COUR Coursera, Inc.

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

“On April 29, 2024, Coursera, Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended March 31, 2024.”
MBIN Merchants Bancorp

Merchants Bancorp reported first quarter of 2023 results: net income $55.0 million, EPS $1.07.

“This compared to $55.0 million, or diluted earnings per common share of $1.07 in the first quarter of 2023”
CWK Cushman & Wakefield Ltd.

Cushman & Wakefield Ltd. reported first quarter of 2024 results: revenue $2.2 billion, net income Net loss of $28.8 million, EPS Diluted loss per share ... was $0.13.

“to Services. The change was to the name only and had no impact on the composition of the Company’s service lines or its historical results. First Quarter Results: • Revenue of $2.2 billion for the first quarter of 2024 decreased 3% from the first quarter of 2023. Service line fee revenue was flat compared to the first quarter of 2023. ◦ Strong Leasing growth of 5%”
PBHC Pathfinder Bancorp, Inc.

Pathfinder Bancorp, Inc. reported first quarter 2024 results: revenue total revenue... of $11.1 million, net income net income available to common shareholders of $2.1 million, EPS $0.34 per basic and diluted share.

“2023. The Company's total revenue, which is comprised of net interest income, before provision for credit losses, and total noninterest income, for the first quarter of 2024 was $11.1 million, a decrease of $423,000, or 3.7%, when compared to the same quarter in 2023. Performance Highlights for Three Months Ended March 31, 2024: • The Bank's Board of Directors”
ESI Element Solutions Inc

Element Solutions Inc reported three months ended March 31, 2024 results: revenue $575 million, net income $56 million, EPS $0.23. Guidance raised.

“(EX-99.1 2024.3.31 EARNINGS RELEASE) --- 2024.3.31 EARNINGS RELEASE Document EXHIBIT 99.1 Element Solutions Inc Announces 2024 First Quarter Financial Results • Net sales of $575 million, approximately flat on a reported basis or a 1% increase on an organic basis from the first quarter of 2023 • Reported net income of $56 million, compared to $43 million in the”
BRX Brixmor Property Group Inc.

Brixmor Property Group Inc. reported the three months ended March 31, 2024 results: net income $0.29 per diluted share, EPS $0.29 per diluted share. Guidance raised.

“Brixmor Property Group Inc. (the “Company”) issued a press release announcing its financial results and Supplemental Disclosure pertaining to its operations for the first quarter ended March 31, 2024.”
FBRT Franklin BSP Realty Trust, Inc.

Franklin BSP Realty Trust, Inc. reported financial results for the quarter ended March 31, 2024.

“On April 29, 2024, Franklin BSP Realty Trust, Inc. (the “Company”) issued a press release and supplemental slide presentation reporting the Company’s financial results for the quarter ended March 31, 2024.”
CHRN EKSO BIONICS HOLDINGS, INC.

EKSO BIONICS HOLDINGS, INC. reported three months ended March 31, 2024 results: revenue $3.8 million, net income $3.4 million, EPS $0.20 per basic and diluted share.

“● Received final payment determination for Medicare reimbursement from the Centers for Medicare & Medicaid Services (“CMS”) for Ekso Indego Personal ● Reported revenues of $3.8 million for the first quarter of 2024 ● Achieved gross margin of 52% for the quarter ended March 31, 2024 ● Sold a total of 29 EksoHealth units in the first quarter of 2024 “We started”
ST Sensata Technologies Holding plc

Sensata Technologies Holding plc reported financial results for first quarter ended March 31, 2024.

“Sensata Technologies Holding plc (the "Company") issued a press release announcing its financial results for the first quarter ended March 31, 2024.”
Scorpius Holdings, Inc.

Scorpius Holdings, Inc. reported the year ended December 31, 2023 results: revenue $6.6 million of contract revenue, $0.3 million of National Institutes of Health grant revenue, and $0.1 million of royal, net income approximately $45.2 million, or ($1.74) per basic and diluted share, EPS ($1.74) per basic and diluted share.

“For the year ended December 31, 2023, the Company recognized $6.6 million of contract revenue, $0.3 million of National Institutes of Health grant revenue, and $0.1 million of royalty revenue from continuing operations.”
ARI Apollo Commercial Real Estate Finance, Inc.

Apollo Commercial Real Estate Finance, Inc. reported the quarter ended March 31, 2024 results: net income Net loss attributable to common stockholders per diluted share of common stock was ($0.76).

“Net loss attributable to common stockholders per diluted share of common stock was ($0.76) for the quarter ended March 31, 2024.”
TWO TWO HARBORS INVESTMENT CORP.

TWO HARBORS INVESTMENT CORP. reported the fiscal quarter ended March 31, 2024 results: net income GAAP Net Income (Loss) $ 192,448, EPS $1.85.

“Two Harbors Investment Corp. Reports First Quarter 2024 Financial Results”
SEVN Seven Hills Realty Trust

Seven Hills Realty Trust reported financial results for the quarter ended March 31, 2024.

“On April 29, 2024, Seven Hills Realty 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.”
OPRX OptimizeRx Corp

OptimizeRx Corp reported first quarter for the period ended March 31, 2024 results: revenue between $18.5 million and $19.2 million.

“the Company expects revenue to increase over 40% year-over-year and come in between $18.5 million and $19.2 million with a GAAP net loss and Adjusted EBITDA loss between $(8.2) - $(7.0) million and $(1.0) - $(0.7) million, respectively”
CLW Clearwater Paper Corp

Clearwater Paper Corp reported first quarter ended March 31, 2024 results: revenue $496 million, net income $17 million, EPS $1.02 per diluted share.

“strong demand in tissue and improved customer demand in paperboard • Severe weather event resulting in significant disruption to production at the Lewiston site • Net sales of $496 million, down 6% from the first quarter of last year • Net income of $17 million, or $1.02 per diluted share, down $7 million from the first quarter of last year • Adjusted net income of”
CCB COASTAL FINANCIAL CORP

COASTAL FINANCIAL CORP reported the quarter ended March 31, 2024 results: revenue $60,936, net income $6.8 million, EPS $0.50 per diluted common share.

“Three Months Ended Non-GAAP Reconciliation of Unanticipated Expenses March 31, 2024 (dollars in thousands; unaudited) Actual Unanticipated Expenses Adjusted Net interest income $ 60,936 $ — $ 60,936 Provision for credit losses (83,158) (1,096) (82,062) Noninterest income 86,955 — 86,955 Noninterest expense (1) (56,018) (1,915) (54,103) Income before provision for”
UAN CVR PARTNERS, LP

CVR PARTNERS, LP reported the first quarter of 2024 results: revenue $128 million, net income $13 million, EPS $1.19 per common unit.

“CVR Partners, LP (“CVR Partners” or the “Partnership”) (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (“UAN”) solution fertilizer products, today announced net income of $13 million, or $1.19 per common unit, on net sales of $128 million for the first quarter of 2024, compared to net income of $102 million, or $9.64 per common unit, on net sales of $226 million for the first quarter of 2023.”
FGBI First Guaranty Bancshares, Inc.

First Guaranty Bancshares, Inc. reported the three months ended March 31, 2024 results: net income $2.3 million, EPS $0.14 per common share.

“First Guaranty Bancshares, Inc. issued a press release reporting its financial results at and for the three months ended March 31, 2024.”
BMRC Bank of Marin Bancorp

Bank of Marin Bancorp reported the first quarter of 2024 results: net income earnings of $2.9 million, EPS Diluted earnings per share were $0.18 for the first quarter.

“Bank of Marin Bancorp, "Bancorp" (Nasdaq: BMRC), parent company of Bank of Marin, "Bank," announced earnings of $2.9 million for the first quarter of 2024”
CVI CVR ENERGY INC

CVR ENERGY INC reported the first quarter of 2024 results: revenue $1.9 billion, net income $82 million, or $0.81 per diluted share, EPS $0.81 per diluted share.

“CVR Energy, Inc. (“CVR Energy” or the “Company”) (NYSE: CVI) today announced net income attributable to CVR Energy stockholders of $82 million, or $0.81 per diluted share, on net sales of $1.9 billion for the first quarter of 2024”
CHGG CHEGG, INC

CHEGG, INC reported the three months ended March 31, 2024 results: revenue $174.4 million, net income Net Loss was $1.4 million.

“our expense base relative to current revenue trends, with the goal of 30% or greater Adjusted EBITDA margin for 2025.” First Quarter 2024 Highlights • Total Net Revenues of $174.4 million, a decrease of 7% year-over-year • Subscription Services Revenues of $154.1 million, a decrease of 9% year-over-year • Gross Margin of 73% • Non-GAAP Gross Margin of 75% • Net”
CZWI Citizens Community Bancorp Inc.

Citizens Community Bancorp Inc. reported the first quarter ended March 31, 2024 results: net income $4.1 million, EPS $0.39 per diluted share.

“On April 29, 2024, Citizens Community Bancorp, Inc. (the “Company”) issued a press release announcing our financial results for the three months ended March 31, 2024”
POTLATCHDELTIC CORP

POTLATCHDELTIC CORP reported quarter ended March 31, 2024 results: revenue 228.1 million, net income loss of 0.3 million, EPS 0.00 per diluted share.

“PotlatchDeltic Corporation (Nasdaq: PCH) today reported a net loss of $0.3 million, or $0.00 per diluted share, on revenues of $228.1 million for the quarter ended March 31, 2024.”
Federal Home Loan Bank of Dallas

Federal Home Loan Bank of Dallas reported the quarter ended March 31, 2024 results: net income $180.6 million.

“the Federal Home Loan Bank of Dallas (Bank) today reported net income of $180.6 million for the quarter ended March 31, 2024.”
TrueCar, Inc.

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

“On April 29, 2024, TrueCar, Inc. (the “Company”) announced its financial results for the fiscal quarter ended March 31, 2024.”
Federal Home Loan Bank of Cincinnati

Federal Home Loan Bank of Cincinnati reported first quarter ended March 31, 2024 results: net income $146 million.

“For the first quarter, net income was $146 million”
DPZ DOMINOS PIZZA INC

DOMINOS PIZZA INC reported financial results for the first quarter ended March 24, 2024.

“On April 29, 2024, Domino’s Pizza, Inc. issued a press release announcing financial results for the first quarter ended March 24, 2024.”
MVBF MVB FINANCIAL CORP

MVB FINANCIAL CORP reported first quarter of 2024 results: net income $4.5 million, EPS $0.35 basic and $0.34 diluted earnings per share.

“MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB” or the “Company”), the holding company for MVB Bank, Inc. ("MVB Bank"), today announced financial results for the first quarter of 2024, with reported net income of $4.5 million, or $0.35 basic and $0.34 diluted earnings per share.”
CNO CNO Financial Group, Inc.

CNO Financial Group, Inc. reported the quarter ended March 31, 2024 results: net income net income of $112.3 million, or $1.01 per diluted share, EPS $1.01 per diluted share. Guidance reaffirmed.

“CNO Financial Group, Inc. (NYSE: CNO) today reported net income of $112.3 million, or $1.01 per diluted share, in 1Q24 compared to a net loss of $0.8 million, or $0.01 per diluted share, in 1Q23.”
CCK CROWN HOLDINGS, INC.

CROWN HOLDINGS, INC. reported first quarter ended March 31, 2024 results: revenue $2,784 million, net income $67 million, EPS $0.56. Guidance reaffirmed.

“Crown Holdings, Inc. (NYSE: CCK) today announced its financial results for the first quarter ended March 31, 2024. Net sales in the first quarter were $2,784 million compared to $2,974 million in the first quarter of 2023”
HOPE HOPE BANCORP INC

HOPE BANCORP INC reported first quarter ended March 31, 2024 results: net income $25.9 million, EPS $0.21 per diluted common share.

“For the three months ended March 31, 2024, net income totaled $25.9 million , or $0.21 per diluted common share.”
LTRX LANTRONIX INC

LANTRONIX INC reported third quarter of fiscal 2024 ended March 31, 2024 results: revenue $41.2 million, EPS ($0.01) GAAP; $0.11 Non-GAAP. Guidance initiated.

“Lantronix Reports Record Revenue for Third Quarter of Fiscal 2024 · Third Quarter Net Revenue of $41.2 Million, up 11 Percent Sequentially and up 25 Percent Year-Over-Year · Third Quarter GAAP EPS of ($0.01) vs. ($0.08) in the Prior Year · Third Quarter Non-GAAP EPS of $0.11 vs. $0.06 in the Prior Year”
ON ON SEMICONDUCTOR CORP

ON SEMICONDUCTOR CORP reported first quarter ended March 29, 2024 results: revenue $1,862.7 million, net income $453.0, EPS $1.04.

“SCOTTSDALE, Ariz, – Apr 29, 2024 – onsemi (the “Company”) (Nasdaq: ON) today announced results for the first quarter of 2024 with the following highlights: • Revenue of $1,862.7 million • GAAP gross margin and non-GAAP gross margin of 45.8 percent and 45.9 percent, respectively • GAAP operating margin and non-GAAP operating margin of 28.2 percent and 29.0”
EG EVEREST GROUP, LTD.

EVEREST GROUP, LTD. reported first quarter 2024 results: net income $733 million, EPS $16.87 per diluted share.

“Everest Reports First Quarter 2024 Results Net Income of $733 million and Operating Income of $709 million”
ARLP ALLIANCE RESOURCE PARTNERS LP

ALLIANCE RESOURCE PARTNERS LP reported the quarter ended March 31, 2024 results: revenue $651.7 million, net income $158.1 million, EPS $1.21 per basic and diluted limited partner unit. Guidance reaffirmed.

“First quarter 2024 total revenue of $651.7 million, net income of $158.1 million, and EBITDA of $235.0 million”
WWD Woodward, Inc.

Woodward, Inc. reported second quarter of fiscal year 2024 results: revenue $835 million, net income $98 million, or $1.56 per share. Guidance raised.

“amounts are presented on a fully diluted basis. All comparisons are made to the same period of the prior year unless otherwise stated. Second Quarter Overview Net sales were $835 million, compared to $718 million, an increase of 16 percent. Net earnings were $98 million, or $1.56 per share, compared to net earnings of $36 million, or $0.58 per share. Adjusted net”
LCNB LCNB CORP

LCNB CORP reported three months ended March 31, 2024 results: net income $1.9 million, EPS $0.15.

“Net income for the 2024 first quarter was $1.9 million, compared to net income of $4.2 million for the same period last year. Earnings per basic and diluted share for the 2024 first quarter were $0.15, compared to $0.37 for the same period last year.”
MSTR Strategy Inc

Strategy Inc reported three-month period ended March 31, 2024 results: revenue $115.2 million.

“end of Q4 for $1.65 billion, or $65,232 per bitcoin • 214,400 bitcoin holdings at a total cost of $7.54 billion, or $35,180 per bitcoin, as of April 26, 2024 • Total Revenues of $115.2 million, down 5% year-over-year • Subscription Services Revenues of $23.0 million, up 22% year-over-year TYSONS CORNER, Va., April 29, 2024 - MicroStrategy ® Incorporated (Nasdaq: MSTR)”
SBAC SBA COMMUNICATIONS CORP

SBA COMMUNICATIONS CORP reported first quarter ended March 31, 2024 results: revenue Site leasing revenue $ 628.3, net income $154.5 million, EPS $1.42 per share.

“comparisons to the prior year period. Q1 2024 Q1 2023 $ Change % Change % Change excluding FX (1) Consolidated ($ in millions, except per share amounts) Site leasing revenue $ 628.3 $ 617.3 $ 11.0 1.8 % 1.5 % Site development revenue 29.6 58.2 (28.6 ) (49.2 %) (49.2 %) Tower cash flow (1) 506.0 491.0 15.0 3.0 % 2.6 % Net income 154.5 100.6 53.9 53.6 % 146.2 %”
FFIV F5, INC.

F5, INC. reported second quarter ended March 31, 2024 results: revenue $681 million, net income $119 million, or $2.00 per diluted share, EPS $2.00 per diluted share. Guidance raised.

“disparate infrastructure environments and applications.” Second Quarter Performance Summary Second quarter fiscal year 2024 revenue declined 3% from the year-ago period, to $681 million, compared with $703 million in the second quarter of fiscal year 2023. Software revenue of $159 million grew 20% from the year-ago period, powered by 28% subscription software”
AMKR AMKOR TECHNOLOGY, INC.

AMKOR TECHNOLOGY, INC. reported the three months ended March 31, 2024 results: revenue $1.37 billion, net income $59 million, EPS $0.24 per diluted share. Guidance reaffirmed.

“provider of semiconductor packaging and test services, today announced financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights • Net sales $1.37 billion • Gross profit $202 million, operating income $73 million • Net in come $59 million, earnings per diluted share $0.24 • EBITDA $233 million “Amkor delivered first quarter results”
STREAMLINE HEALTH SOLUTIONS INC.

STREAMLINE HEALTH SOLUTIONS INC. reported the twelve months ended January 31, 2024 results: revenue $22.6 million, net income ($18.7 million). Guidance reaffirmed.

“For the twelve months ended January 31, 2024, revenue totaled $22.6 million as compared to $24.9 million during fiscal 2022.”
STREAMLINE HEALTH SOLUTIONS INC.

STREAMLINE HEALTH SOLUTIONS INC. reported the fourth quarter of fiscal 2023 results: revenue $5.4 million, net income ($1.4 million). Guidance reaffirmed.

“Total revenue for the fourth quarter of fiscal 2023 was $5.4 million as compared to $6.7 million during the fourth quarter of fiscal 2022.”
PROV PROVIDENT FINANCIAL HOLDINGS INC

PROVIDENT FINANCIAL HOLDINGS INC reported third quarter of the fiscal year ending June 30, 2024 results: net income $1.49 million, EPS $0.22 per diluted share.

“The Company reported net income of $1.49 million, or $0.22 per diluted share (on 6.94 million average diluted shares outstanding) for the quarter ended March 31, 2024”
UMBF UMB FINANCIAL CORP

UMB FINANCIAL CORP reported the quarter ended March 31, 2024 results: net income $110.3 million, EPS $2.25 per diluted share.

“UMB Financial Corporation Reports First Quarter 2024 Net Income of $110.3 Million and Net Operating Income (i) of $120.7 Million.”

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.