Earnings Releases

MODEL N, INC. reported second quarter fiscal year 2024 ended March 31, 2024 results: revenue Total revenues were $65.1 million, net income GAAP net loss was $1.4 million, EPS GAAP diluted net loss per share attributable to common stockholders was $0.04.

“today announced financial results for the second quarter of fiscal year 2024 ended March 31, 2024. Second Quarter 2024 Financial Highlights • Revenues : Total revenues were $65.1 million , an increase of 4% from the second quarter of fiscal year 2023. Subscription revenues were $49.2 million , an increase of 9% from the second quarter of fiscal year 2023. • Gross”

BED BATH & BEYOND, INC. reported first quarter ended March 31, 2024 results: revenue $382 million, net income Net loss of $74 million, EPS Diluted net loss per share of $1.62.

“Total net revenue of $382 million, an increase of 0.3% year-over-year”

Koil Energy Solutions, Inc. reported Q1 2024 results: revenue $5.8 million, net income $0.6 million, EPS $0.05.

“KOIL’s revenues for the three months ended March 31, 2024 (“Q1 2024”) increased 56 percent to $5.8 million compared to $3.7 million for the three months ended March 31, 2023 (“Q1 2023”), primarily due to an increase in product-oriented, fixed price contracts. Gross profit for Q1 2024 was $2.0 million, or 35 percent of revenues, compared to Q1 2023 gross profit of $1.6 million, or 44 percent of revenues. The comparative increase in Q1 2024 gross profit was primarily driven by increased revenues, while the decline in Q1 2024 gross profit as a percentage of revenue reflects higher materials costs associated with the increase in fixed price contracts. 1 Selling, general and administrative expenses (“SG&A”) were $1.5 million, or 25 percent of revenues, in Q1 2024 compared to $1.7 million, or 47 percent of revenues, in Q1 2023. SG&A in Q1 2024 reflected lower administrative payroll expense, advertising expense, research and development expense, and rental expense related to the Company’s sho”

PROASSURANCE CORP reported the three months ended March 31, 2024 results: net income $4.6 million, EPS $0.09 per diluted share.

“ProAssurance Reports Results for First Quarter 2024 BIRMINGHAM, AL – (BUSINESSWIRE) – May 6, 2024 – ProAssurance Corporation (NYSE: PRA) reports net income of $4.6 million, or $0.09 per diluted share, and operating income (1) of $4.2 million, or $0.08 per diluted share, for the three months ended March 31, 2024.”

RxSight, Inc. reported the three months ended March 31, 2024 results: revenue $29.5 million, net income $(9.1) million, EPS $(0.25) per basic and diluted share. Guidance raised.

“following cataract surgery, today reported financial results for the three months ended March 31, 2024. Key Quarterly Highlights • Reported first quarter 2024 revenue of $29.5 million, an increase of 69% compared to the first quarter of 2023, reflecting: • The sale of 20,218 Light Adjustable Lenses (LAL®/LAL+TM), representing a 92% increase in procedure volume”

Safehold Inc. reported the first quarter 2024 results: revenue $93.2 million, net income $30.7 million, EPS $0.43.

“Highlights from the earnings announcement include: 3⁄4 Q1‘24 revenue was $93.2 million 3⁄4 Q1‘24 net income attributable to common shareholders was $30.7 million 3⁄4 Q1‘24 earnings per share was $0.43 3⁄4 Closed new $2.0 billion unsecured revolving credit facility, replacing previous $1.85 billion aggregate facilities and lowering facility cost 3⁄4 Issued $300 million of 10-year unsecured notes at a 6.1% coupon.”

PERFICIENT INC reported for the quarter ended March 31, 2024 results: revenue $215.3 million, net income $11.6 million, EPS $0.33.

“Revenues decreased 7% to $215.3 million from $231.4 million in the first quarter of 2023; • Net income decreased 57% to $11.6 million, compared to $26.8 million in the first quarter of 2023; • GAAP earnings per share results on a fully diluted basis decreased 56% to $0.33 from $0.75 in the first quarter of 2023;”

GAIA, INC reported the first quarter ended March 31, 2024 results: revenue $21.7 million, net income $(1.0) million, or $(0.05) per share, EPS $(0.05) per share.

“on the balance sheet by $2.0 million during the quarter.” Gaia CFO Ned Preston commented: “During the first quarter, revenues grew by $2.1 million or 11% year over year to $21.7 million. Operating cash flows for the first quarter finished at $5.9 million, representing a $5.2 million improvement from the year ago quarter and continues the momentum we saw closing”

DIVERSIFIED HEALTHCARE TRUST reported financial results for the quarter ended March 31, 2024.

“Diversified Healthcare Trust Announces First Quarter 2024 Results”

WILLIAMS COMPANIES, INC. reported three months ended March 31, 2024 results: net income $631 million, EPS $0.52 per diluted share.

“GAAP net income of $631 million, or $0.52 per diluted share (EPS)”

HEIDRICK & STRUGGLES INTERNATIONAL INC reported first quarter ended March 31, 2024 results: revenue $265.2 million, net income $14.0 million, EPS $0.67.

“& Struggles under the Securities Act of 1933 or the Exchange Act. --- EX-99.1 (EX-99.1) --- Heidrick & Struggles Reports First Quarter 2024 Results Quarterly Revenue of $265 Million, 11% Year Over Year Growth Maintains Strong Profitability with Diluted EPS of $0.67 Declares $0.15 Per Share Cash Dividend CHICAGO, May 6, 2024 – Today Heidrick & Struggles”

SIMON PROPERTY GROUP INC. reported financial results for the quarter ended March 31, 2024.

“On May 6, 2024, Simon Property Group, Inc. issued a press release containing information on earnings for the quarter ended March 31, 2024 and other matters.”

MFA FINANCIAL, INC. reported the first quarter ended March 31, 2024 results: net income $15.0 million, EPS $0.14 per basic and diluted common share.

“MFA Financial, Inc. (NYSE:MFA) today provided its financial results for the first quarter ended March 31, 2024: · MFA generated GAAP net income for the first quarter of $15.0 million, or $0.14 per basic and diluted common share.”

VORNADO REALTY LP reported financial results for first quarter of 2024.

“On May 6, 2024 , Vornado Realty Trust (the “Company”), the general partner of Vornado Realty L.P., issued a press release announcing its financial results for the first quarter of 2024.”

TACTILE SYSTEMS TECHNOLOGY INC reported full year 2024 results: revenue The Company continues to expect full year 2024 total revenue in the range of $300 million to $305 million. Guidance reaffirmed.

“The Company continues to expect full year 2024 total revenue in the range of $300 million to $305 million, representing growth of approximately 9% to 11% year-over-year, compared to total revenue of $274.4 million in 2023.”

TACTILE SYSTEMS TECHNOLOGY INC reported first quarter ended March 31, 2024 results: revenue Total revenue in the first quarter of 2024 increased $2.2 million, or 4%, to $61.1 million, net income Net loss in the first quarter of 2024 was $2.2 million, EPS ($0.09) per diluted share.

“Total revenue in the first quarter of 2024 increased $2.2 million, or 4%, to $61.1 million, compared to $58.8 million in the first quarter of 2023.”

JONES LANG LASALLE INC reported first quarter ended March 31, 2024 results: revenue $5.1 billion, net income $66.1, EPS $1.37.

“business line revenue growth and the benefits of cost mitigation actions taken over the last twelve months to drive strong profit performance. • First-quarter revenue was $5.1 billion, up 9% in local currency 1 • Resilient 6 revenues collectively increased 12% in local currency and Transactional 6 revenues collectively increased 1% in local currency ◦ Work”

INTEST CORP reported first quarter ended March 31, 2024 results: revenue $29.8 Million, EPS $0.05. Guidance reaffirmed.

“inTEST Reports $29.8 Million in Revenue for First Quarter 2024”

COTY INC. updated its the third quarter of fiscal year 2024, ended March 31, 2024 guidance (raised).

“On May 6, 2024, Coty Inc. (the “Company”) issued a press release announcing its financial results for its fiscal quarter ended March 31, 2024. The release also includes forward-looking statements about the Company’s outlook.”

KVH INDUSTRIES INC DE reported first quarter ended March 31, 2024 results: revenue $29.3 million, net income $3.2 million, EPS $0.16 per share. Guidance lowered.

“call, a replay of the webcast will be available through the company’s website. First Quarter 2024 Highlights • Total revenues decreased by 14% in the first quarter of 2024 to $29.3 million from $34.1 million in the first quarter of 2023. • Airtime revenue decreased $3.5 million, to $23.6 million, or 13%, in the first quarter of 2024 compared to the first quarter of”

TYSON FOODS, INC. reported second quarter ended March 30, 2024 results: EPS $ 0.41.

“On May 6, 2024, Tyson Foods, Inc. issued a press release announcing results of operations for its second quarter ended March 30, 2024.”

AFFILIATED MANAGERS GROUP, INC. reported the first quarter of 2024 results: net income Net income (controlling interest) $ 149.8, EPS Earnings per share (diluted) 4.14.

“On May 6, 2024, Affiliated Managers Group, Inc. (the “Company”) issued a press release setting forth its financial and operating results for the quarter ended March 31, 2024.”

TENNANT CO reported quarter ended March 31, 2024 results: revenue $311.0 million, net income $28.4 million, EPS $1.49 per diluted share.

“$ 1.30 14.6 % Adjusted diluted EPS $ 1.81 $ 1.45 24.8 % Adjusted EBITDA $ 54.9 $ 47.9 14.6 % Adjusted EBITDA margin % 17.7 % 15.7 % 200 bps Highlights • Delivered net sales of $311.0 million for the first quarter of 2024, an increase of 1.7% from the first quarter of 2023, or 0.9% on an organic basis, driven primarily by strong pricing realization. • Achieved”

BALCHEM CORP reported financial results for the quarter ended March 31, 2024.

“On May 3, 2024, Balchem Corporation, reported earnings for the quarter ended March 31, 2024, and certain other information. The full text of the press release issued in connection with the announcement is attached as Exhibit 99.1.”

ADTRAN Holdings, Inc. reported preliminary financial results for first quarter of 2024.

“ADTRAN Holdings, Inc.: Non-cash goodwill impairment for the first quarter 2024 in an estimated amount of $293 million”

CHART INDUSTRIES INC reported first quarter ended March 31, 2024 results: revenue $950.7 million, net income $(0.34) per diluted share, EPS $0.14. Guidance reaffirmed.

“margin were all the highest in any first quarter in our history • Orders of $1.12 billion, an increase of 4.3% which contributed to record backlog of $4.33 billion • Sales of $950.7 million, an increase of 17.4%; pro forma organic growth of 18.3% net of a foreign exchange headwind of (0.9%) • Reported gross margin of 31.8%, an increase of 260 basis points (“bps”) •”

ARRAY DIGITAL INFRASTRUCTURE, INC. reported first quarter of 2024 results: revenue total operating revenues of $950 million, net income Net income attributable to UScellular shareholders ... $18 million, EPS diluted earnings per share ... $0.20. Guidance reaffirmed.

“UScellular reports first quarter 2024 results 2024 guidance reaffirmed CHICAGO (May 3, 2024) — United States Cellular Corporation (NYSE:USM) reported total operating revenues of $950 million for the first quarter of 2024, versus $986 million for the same period one year ago. Service revenues totaled $754 million, versus $767 million for the same period one year ago. Net income attributable to UScellular shareholders and related diluted earnings per share were $18 million and $0.20, respectively, for the first quarter of 2024 compared to $13 million and $0.15, respectively, in the same period one year ago.”

TRIMBLE INC. reported the quarter ended March 29, 2024 results: revenue $953.3 million, net income $57.2 million, EPS $0.23. Guidance initiated.

“First Quarter 2024 Financial Highlights • Revenue of $953.3 million, up 4 percent on a year-over-year basis, flat on an organic basis • Annualized recurring revenue ("ARR") was $2.03 billion, up 23 percent year-over-year, up 13 percent on an organic basis • GAAP operating income was $109.2 million, 11.5 percent of revenue and non-GAAP operating income was $234.4 million, 24.6 percent of revenue • GAAP net income was $57.2 million and non-GAAP net income was $159.1 million • Diluted earnings per share ("EPS") was $0.23 on a GAAP basis and $0.64 on a non-GAAP basis • Adjusted EBITDA was $250.9 million, 26.3 percent of revenue • Share repurchases of $175.0 million”

HOLOGIC INC reported the second quarter ended March 30, 2024 results: revenue $1,017.8 million, EPS $0.72. Guidance raised.

“Hologic Announces Financial Results for Second Quarter of Fiscal 2024 – Revenue of $1,017.8 Million, GAAP Diluted EPS of $0.72, and Non-GAAP Diluted EPS of $1.03; Revenue and Non-GAAP Diluted EPS Exceeded Guidance – – Total Company Organic Revenue Growth Excluding COVID-19 of 4.9% in Constant Currency; Against a 21.9% Prior Year Period Comparable – – Company Raises Full-Year Revenue Midpoint in Constant Currency and Raises EPS Guidance on Strong Margins”

CPS TECHNOLOGIES CORP/DE/ reported the quarter ended March 30, 2024 results: revenue $5.9 million, net income $0.1 million, EPS $(0.01) per diluted share.

“Corporation (NASDAQ:CPSH) (“CPS” or the “Company”) today announced financial results for the fiscal first quarter ended March 30, 2024. First Quarter Summary ● Revenue of $5.9 million for the first quarter of 2024 versus $7.1 million in the prior-year period, primarily due to further quality control testing and production staffing challenges ● Gross margin of”

JOHNSON OUTDOORS INC reported second fiscal quarter ended March 29, 2024 results: revenue $175.9 million, net income $2.2 million, or $0.21 per diluted share, EPS $0.21 per diluted share.

“brands to continue to position Johnson Outdoors for long-term marketplace success.” SECOND QUARTER RESULTS Total Company net sales in the second quarter declined 13 percent to $175.9 million compared to $202.1 million in the prior year second fiscal quarter. All four business segments of the Company faced challenging market conditions and increased competitive”

Essential Utilities, Inc. reported first quarter ended March 31, 2024 results: revenue $612.1 million, net income $265.8 million, EPS $0.97 per share.

“gas segment and water segment volumes, and other items, which includes the gain on sale, were offset by a slight increase in expenses. Revenues for the quarter were $612.1 million compared to $726.5 million in the first quarter of 2023, a decrease of 15.7%. Lower purchased gas costs and other items were the primary contributors to the decrease in revenues”

ACCENDRA HEALTH INC/VA/ reported the first quarter ended March 31, 2024 results: revenue $2.6 billion, net income $(0.29) per share.

“VA – May 3, 2024 – Owens & Minor, Inc. (NYSE: OMI) today reported financial results for the first quarter ended March 31, 2024. ​ Key Highlights: ● Consolidated revenue of $2.6 billion in the first quarter, representing year-over-year growth of 4% ● GAAP operating margin was flat while adjusted operating margin expanded by 31 basis points versus prior year ●”

INVESTORS TITLE CO reported the quarter ended March 31, 2024 results: revenue $53.5 million, net income $4.5 million, EPS $2.40 per diluted share.

“The Company reported net income of $4.5 million, or $2.40 per diluted share, compared with net income of $1.2 million, or $0.62 per diluted share, for the prior year period. Revenues increased 4.1% to $53.5 million, compared to $51.3 million in the prior year period”

INTERFACE INC reported first quarter ended March 31, 2024 results: revenue $289.7 million, net income $14.2 million, EPS $0.24 per diluted share. Guidance raised.

“First quarter net sales were $289.7 million, down 2.0% versus $295.8 million in the prior year period. Gross profit margin was 38.1% in the first quarter of 2024, an increase of 569 basis points from the prior year period. Adjusted gross profit margin was 38.6%, an increase of 528 basis points from adjusted gross profit margin for the prior year period due primarily to input cost deflation, higher selling prices and favorable product mix. 1 First quarter SG&A expenses were $86.0 million, or 29.7% of net sales, compared to $86.3 million, or 29.2% of net sales in the first quarter of 2023. Adjusted SG&A expenses were $86.2 million, or 29.7% of net sales, in the first quarter of 2024, compared to $83.2 million, or 28.1% of net sales, in the first quarter of 2023. Operating Income: First quarter 2024 operating income was $24.4 million, compared to operating income of $9.5 million in the prior year period. First quarter 2024 adjusted operating income ("AOI") was $25.5 million versus AOI of”

MATTHEWS INTERNATIONAL CORP reported second quarter of fiscal 2024 results: revenue $471.2, net income $9.0, EPS $0.29. Guidance lowered.

“late stages of order development. ” Second Quarter Fiscal 2024 Consolidated Results (Unaudited) ($ in millions, except per share data) Q2 FY2024 Q2 FY2023 Change % Change Sales $ 471.2 $ 479.6 $ (8.4) (1.7) % Net income attributable to Matthews $ 9.0 $ 9.1 $ (0.1) (1.1) % Diluted earnings per share $ 0.29 $ 0.29 $ 0.00 0.0 % Non-GAAP adjusted net income $ 21.8 $”

HERSHEY CO reported the first quarter ended March 31, 2024 results: revenue $3,252.7 million, net income $797.5 million, EPS $3.89 per share-diluted. Guidance reaffirmed.

“we remain committed to strategies that drive long-term growth and sustainable value creation.” First-Quarter 2024 Financial Results Summary 1 • Consolidated net sales of $3,252.7 million, an increase of 8.9%. • Organic, constant currency net sales increased 8.6%. • Reported net income of $797.5 million, or $3.89 per share-diluted, an increase of 36.5%. • Adjusted”

SHENANDOAH TELECOMMUNICATIONS CO/VA/ reported first quarter 2024 results: net income Net loss from continuing operations was $4.1 million in the first quarter of 2024.

“Revenue grew 3.1% to $69.2 million compared to the first quarter of 2023.”

Cheniere Energy, Inc. reported first quarter ended March 31, 2024 results: revenue $4.3 billion, net income $0.5 billion. Guidance reaffirmed.

“EBITDA 2 $5.5 - $6.0 Distributable Cash Flow 2 $2.9 - $3.4 RECENT HIGHLIGHTS • During the three months ended March 31, 2024, Cheniere generated revenues of approximately $4.3 billion, net income 1 of approximately $0.5 billion, Consolidated Adjusted EBITDA 2 of approximately $1.8 billion, and Distributable Cash Flow 2 of approximately $1.2 billion. •”

ABEONA THERAPEUTICS INC. reported preliminary financial results for the quarter ended March 31, 2024.

“the Company’s cash, cash equivalents, restricted cash and short-term investments were approximately $62.7 million. This financial information is preliminary and subject to change in connection with the completion of the Company’s financial statements for the quarter ended March 31, 2024.”

STANDEX INTERNATIONAL CORP/DE/ reported the third quarter ended March 31, 2024 results: revenue $ 177.3, net income $ 15.9, EPS $ 1.35. Guidance reaffirmed.

“results for the third quarter of fiscal year 2024 ended March 31, 2024. Summary Financial Results - Total ($M except EPS and Dividends) 3Q24 3Q23 2Q24 Y/Y Q/Q Net Sales $ 177.3 $ 184.3 $ 178.4 -3.8 % -0.6 % Operating Income – GAAP $ 21.8 $ 88.5 $ 25.8 -75.3 % -15.4 % Operating Income – Adjusted $ 27.3 $ 27.9 $ 28.7 -2.2 % -4.7 % Operating Margin % - GAAP”

Frontier Communications Parent, Inc. reported quarter ended March 31, 2024 results: revenue $1.46 billion, net income $1 million.

“to reach 6.8 million total locations passed with fiber • Added 88,000 fiber broadband customers, resulting in fiber broadband customer growth of 18% year-over-year • Revenue of $1.46 billion increased 1.5% year-over-year as growth in fiber-based products was partly offset by declines in copper-based products • Operating income of $90 million and net income of $1”

Atmus Filtration Technologies Inc. reported first quarter of 2024 results: revenue $427 million, net income $46 million, EPS $0.54. Guidance reaffirmed.

“Net sales of $427 million • GAAP net income of $46 million • Diluted earnings per share of $0.54”

Corebridge Financial, Inc. reported first quarter ended March 31, 2024 results: net income 878 million, EPS 1.41.

“Corebridge Financial Announces First Quarter 2024 Results • Net income of $878 million, or $1.41 per share • Adjusted after-tax operating income 1 of $688 million and operating EPS 1 of $1.10 per share”

Werewolf Therapeutics, Inc. reported first quarter ended March 31, 2024 results: revenue $0.7 million.

“be sufficient to fund operational expenses and capital expenditure requirements through at least the first quarter of 2026. • Collaboration revenue: Collaboration revenue was $0.7 million for the first quarter of 2024, compared to $4.5 million for the same period in 2023. Collaboration revenue consists of revenue recognized from the Company’s licensing agreement”

CARPENTER TECHNOLOGY CORP reported financial results for third quarter fiscal year 2024.

“On May 1, 2024, Carpenter Technology Corporation held its third quarter fiscal year 2024 earnings call, broadcast live by webcast.”

CARPENTER TECHNOLOGY CORP updated its fiscal year 2026 guidance (raised).

“Pulling forward goal to achieve $460 million to $500 million in operating income from fiscal year 2027 to fiscal year 2026”

CARPENTER TECHNOLOGY CORP updated its fiscal year 2024 guidance (raised).

“With the fourth quarter guidance, we are projecting $339 million to $344 million in adjusted operating income for fiscal year 2024, which would be the most profitable year for the Company on record.”

CARPENTER TECHNOLOGY CORP updated its fourth quarter of fiscal year 2024 guidance (raised).

“Building on our operating momentum, we are raising our guidance for the fourth quarter of fiscal year 2024 and expect operating income in the range of $110 million to $115 million.”

CARPENTER TECHNOLOGY CORP reported fiscal third quarter ended March 31, 2024 results: revenue $684.9 million, net income $6.3 million, EPS $0.12.

“Financial Highlights Q3 Q2 Q3 ($ in millions, except per share amounts) FY2024 FY2024 FY2023 Net sales $ 684.9 $ 624.2 $ 690.1 Net sales excluding surcharge (a) $ 553.8 $ 485.3 $ 491.5 Operating income $ 75.9 $ 69.8 $ 39.3 Adjusted operating income excluding special item (a) $ 90.0 $ 69.8 $ 39.3 Net income $ 6.3 $ 42.7 $ 18.6 Earnings per diluted share $ 0.12 $ 0.85 $ 0.38 Adjusted earnings per diluted share (a) $ 1.19 $ 0.85 $ 0.38 Net cash provided from operating activities $ 83.4 $ 14.6 $ 4.3 Adjusted free cash flow (a) $ 61.9 $ (10.7 ) $ (16.2 ) (a)”