secwatch / observer

Earnings Releases

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

8-K items 2.02 JSON
NVCR NovoCure Ltd

NovoCure Ltd reported quarter ended March 31, 2024 results: revenue $138.5 million, net income $38.8 million, EPS $0.36.

“Total net revenues for the quarter were $138.5 million, an increase of 13% compared to the same period in 2023.”
WSC WillScot Holdings Corp

WillScot Holdings Corp reported first quarter ended March 31, 2024 results: revenue $587 million, net income $56 million. Guidance reaffirmed.

“first quarter 2024 results and provided an update on operations and the current market environment, including the following highlights: Q1 2024 • Revenue increased 4% to $587 million and Income from continuing operations was $56 million. Income from operations included approximately $15 million of integration and transaction-related expenses. Adjusted EBITDA”
MDV MODIV INDUSTRIAL, INC.

MODIV INDUSTRIAL, INC. reported financial results for the first quarter ended March 31, 2024.

“On May 2, 2024, Modiv Industrial, Inc., a Maryland corporation (the “Company”), issued an earnings press release relating to the Company’s financial results for the first quarter ended March 31, 2024.”
MSGS Madison Square Garden Sports Corp.

Madison Square Garden Sports Corp. reported fiscal third quarter ended March 31, 2024 results: revenue $430.0 million.

“its 2024-25 Knicks and Rangers season ticket renewal initiative, which has seen strong demand to date. In the fiscal 2024 third quarter, the Company generated revenues of $430.0 million, an increase of $47.2 million, or 12%, as compared to the prior year period. In addition, the Company reported operating income of $79.7 million, a decrease of $2.0 million, or”
RMNI Rimini Street, Inc.

Rimini Street, Inc. reported fiscal first quarter ended March 31, 2024 results: revenue $106.7 million, net income $1.3 million, EPS $0.01.

“Revenue was $106.7 million for the 2024 first quarter, an increase of 1.2% compared to $105.5 million for the same period last year.”
CABO Cable One, Inc.

Cable One, Inc. reported first quarter of 2024 results: revenue $404.3 million, net income $47.3 million.

“2023. Adjusted EBITDA less capital expenditures was $151.2 million in the first quarter of 2024 compared to $132.7 million in the first quarter of 2023 . • Total revenues were $404.3 million in the first quarter of 2024 compared to $421.9 million in the first quarter of 2023. • The Company paid $16.8 million in dividends during the first quarter of 2024. • The”
PJT PJT Partners Inc.

PJT Partners Inc. reported first quarter ended March 31, 2024 results: revenue $329 million, EPS GAAP Diluted EPS of $1.22 and Adjusted EPS of $0.98.

“PJT Partners Inc. Reports Record First Quarter 2024 Results First Quarter Overview > Record First Quarter Revenues of $329 million, an increase of 65% from a year ago > GAAP Pretax Income of $54 million and Adjusted Pretax Income of $55 million, an increase of 85% and 81%, respectively, from a year ago > GAAP Diluted EPS of $1.22 and Adjusted EPS of $0.98, an increase of 82% and 81%, respectively, from a year ago”
SHAK Shake Shack Inc.

Shake Shack Inc. reported first quarter ended March 27, 2024 results: revenue $290.5 million, net income $2.2 million, EPS $0.05 per diluted share. Guidance reaffirmed.

“shall be expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Shake Shack Announces First Quarter 2024 Financial Results ▪ Total revenue of $290.5 million, up 14.7% versus 2023, including $280.6 million of Shack sales and $9.9 million of Licensing revenue. ▪ System-wide sales of $443.3 million, up 12.3% versus 2023. ▪ Same-Shack”
JYNT JOINT Corp

JOINT Corp reported Q1 2024 results: revenue $29.7 million, net income $947,000, EPS $0.06 per diluted share. Guidance reaffirmed.

“franchisor of chiropractic clinics, reported its financial results for the quarter ended March 31, 2024. Financial Highlights: Q1 2024 Compared to Q1 2023 • Grew revenue 5% to $29.7 million. • Recorded operating income of $1.1 million, compared to operating loss of $653,000. • Reported net income of $947,000, compared to $2.3 million, including the receipt of the”
XHR Xenia Hotels & Resorts, Inc.

Xenia Hotels & Resorts, Inc. reported the quarter ended March 31, 2024 results: net income $8.5 million, or $0.08 per share, EPS $0.08 per share.

“Xenia Hotels & Resorts, Inc. (NYSE: XHR) (“Xenia” or the “Company”) today announced results for the quarter ended March 31, 2024.”
W Wayfair Inc.

Wayfair Inc. reported first quarter ended March 31, 2024 results: revenue $2.7 billion, net income Net loss was $248 million, EPS Diluted loss per share was $2.06.

“in such a filing. --- EX-99.1 (EX-99.1) --- Wayfair Announces First Quarter 2024 Results, Reports Fourth Consecutive Quarter of Strong Profitability Q1 Net Revenue of $2.7 billion with 22.3 million Active Customers BOSTON, MA — May 2, 2024 — Wayfair Inc. (“Wayfair,” “we,” or “our”) (NYSE: W), one of the world’s largest destinations for the home, today”
OEC Orion S.A.

Orion S.A. reported first quarter 2024 results: revenue $502.9 million, net income $26.7 million, EPS $0.45.

“Net sales of $502.9 million, up $2.2 million, year over year • Net income of $26.7 million, down $15.6 million, year over year • Diluted EPS of $0.45, down $0.25, year over year”
GDDY GoDaddy Inc.

GoDaddy Inc. reported the first quarter that ended March 31, 2024 results: revenue $1.1 billion, net income $401.5 million.

“experiences empowers our ability to drive attach, conversion and retention, laying a solid foundation for enduring shareholder value." Business Highlights • Total revenue of $1.1 billion, up 7% year-over-year on a reported and constant currency basis. • Applications and Commerce (A&C) revenue grew 13%, year-over-year, to $383.1 million. Annualized recurring”
UDMY Udemy, Inc.

Udemy, Inc. reported the quarter ended March 31, 2024 results: revenue $196.8 million, net income Net Loss $ (18.3).

“our confidence in the long-term opportunity available to Udemy,” concluded Brown. First Quarter 2024 Financial Highlights • Total revenue increased 12% year-over-year to $196.8 million and exceeded the high end of Udemy’s guidance range for the quarter. Revenue growth includes a negative impact of 2 percentage points from changes in foreign exchange (FX) rates”
AVNS AVANOS MEDICAL, INC.

AVANOS MEDICAL, INC. reported financial results for three months ended March 31, 2024.

“On May 2, 2024, Avanos Medical, Inc. (the "Company") issued a press release announcing its results of operations for the three months ended March 31, 2024.”
LOCO El Pollo Loco Holdings, Inc.

El Pollo Loco Holdings, Inc. reported first quarter ended March 27, 2024 results: revenue $116.2 million, net income $5.9 million, EPS $0.19 per diluted share.

“period ended March 27, 2024. Highlights for the first quarter ended March 27, 2024 compared to the first quarter ended March 29, 2023 were as follows: ● Total revenue was $116.2 million compared to $114.5 million. ● System-wide comparable restaurant sales (1) increased by 5.1%. ● Income from operations was $9.7 million compared to $7.8 million. ● Restaurant”
VIASP Via Renewables, Inc.

Via Renewables, Inc. reported the quarter ended March 31, 2024 results: net income $19.1 million.

“Net Income for the quarter ended March 31, 2024, was $19.1 million compared to Net Loss of $(6.8) million for the quarter ended March 31, 2023.”
AUPH Aurinia Pharmaceuticals Inc.

Aurinia Pharmaceuticals Inc. reported the quarter ended March 31, 2024 results: revenue $50.3 million. Guidance reaffirmed.

“set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- AURINIA PHARMACEUTICALS REPORTS FIRST QUARTER 2024 FINANCIAL AND OPERATIONAL RESULTS • Achieved $50.3 million in total net revenue and $48.1 million in net product revenue for the first quarter of 2024, representing year over year growth of approximately 46% and 40% respectively, and”
HRTG Heritage Insurance Holdings, Inc.

Heritage Insurance Holdings, Inc. reported financial results for the fiscal quarter ended March 31, 2024.

“On May 1, 2024, Heritage Insurance Holdings, Inc. (the “Company”) issued a press release announcing financial results for its fiscal quarter ended March 31, 2024.”
Blueprint Medicines Corp

Blueprint Medicines Corp reported the first quarter ended March 31, 2024 results: revenue $92.5 million. Guidance raised.

“-- Achieved $92.5 million in AYVAKIT net product revenues in the first quarter 2024 -- -- Raising guidance to $390 million to $410 million in full year AYVAKIT net product revenues --”
SABR Sabre Corp

Sabre Corp reported the quarter ended March 31, 2024 results: revenue $783 million, net income Net loss attributable to common stockholders of $71 million, EPS $0.19. Guidance raised.

“remaining 2025 maturities using balance sheet cash • Ended the quarter with cash balance of $650 million First quarter 2024 financial results: • First quarter revenue totaled $783 million, up 5% from Q1'23 • Net loss attributable to common stockholders of $71 million and diluted net loss per share attributable to common stockholders of $0.19 • Adjusted EBITDA (1)”
PCTY Paylocity Holding Corp

Paylocity Holding Corp reported financial results for the third quarter of fiscal year 2024.

“On May 2, 2024, Paylocity Holding Corporation (the “ Company ”) issued a press release announcing financial results for the three month period ended March 31, 2024.”
CTRE CareTrust REIT, Inc.

CareTrust REIT, Inc. reported quarter ended March 31, 2024 results: net income net income of $28.7 million, EPS normalized FAD per share of $0.37.

“Normalized FAD of $48.7 million and normalized FAD per share of $0.37;”
CTRE CareTrust REIT, Inc.

CareTrust REIT, Inc. reported full year 2024 results: EPS net income of approximately $1.01 to $1.03. Guidance reaffirmed.

“The Company updated guidance for 2024, with Mr. Wagner projecting on a per-diluted weighted-average common share basis net income of approximately $1.01 to $1.03, normalized FFO of approximately $1.42 to $1.44, and normalized FAD of approximately $1.46 to $1.48.”
CTRE CareTrust REIT, Inc.

CareTrust REIT, Inc. reported first quarter ended March 31, 2024 results: net income net income of $28.7 million, EPS normalized FFO per share of $0.35.

“For the quarter, CareTrust REIT reported: • Investments of $118.8 million during the quarter and $206.5 million year-to-date at an estimated stabilized yield of 11.1% and 10.5%, respectively, after rent ramps under the applicable leases are completed; • 11.6 million shares sold under its ATM Program for gross proceeds of $273.2 million; • 98.0% of contractual rent and interest collected; • Net income of $28.7 million and net income per share of $0.22;”
MBUU MALIBU BOATS, INC.

MALIBU BOATS, INC. reported the third quarter ended March 31, 2024 results: revenue $203.4 million, net income a net loss of $67.8 million, EPS a net loss of $3.28 per share.

“its financial results for the third quarter ended March 31, 2024. Third Quarter Fiscal 2024 Highlights Compared to Third Quarter Fiscal 2023: • Net sales decreased 45.8% to $203.4 million • Unit volume decreased 51.9% to 1,269 units • Gross profit decreased 59.1% to $40.3 million • GAAP net income decreased 226.8% to a net loss of $67.8 million, inclusive of”
TWST Twist Bioscience Corp

Twist Bioscience Corp reported fiscal year 2024 results: revenue $300M to $304M. Guidance raised.

“— Increased FY 2024 revenue guidance to a range of $300M to $304M; Increased FY 2024 gross margin guidance to a range of 41.5 to 42.0% —”
TWST Twist Bioscience Corp

Twist Bioscience Corp reported fiscal second quarter ended March 31, 2024 results: revenue $75.3 million, net income -$45.5 million, EPS -$0.79.

“FISCAL 2024 SECOND QUARTER FINANCIAL RESULTS • Orders: Total orders received for the second quarter of fiscal 2024 increased to $93.2 million compared to $64.2 million for the same period of fiscal 2023 . • Revenue: Total revenues for the second quarter of fiscal 2024 increased to $75.3 million compared to $60.2 million for the same period of fiscal 2023 . ◦ SynBio revenue increased to $29.8 million for the second quarter of fiscal 2024 compared to $24.2 million for the same period of fiscal 2023. ◦ NGS revenue increased to $40.8 million for the second quarter of fiscal 2024 compared to $29.0 million for the same period of fiscal 2023. ◦ Biopharma revenue was $4.7 million for the second quarter of fiscal 2024 compared to $7.0 million in the same period of fiscal 2023. • Cost of Revenues: Cost of revenues for the second quarter of fiscal 2024 was $44.4 million compared to $41.7 million for the same period of fiscal 2023 . • Gross Margin: Gross margin for the second quarter of fiscal 202”
Prime Meridian Holding Co

Prime Meridian Holding Co reported financial results for the quarter ended March 31, 2024.

“On May 2, 2024, Prime Meridian Holding Company issued and posted to its website an investor presentation for the quarter ended March 31, 2024.”
RMAX RE/MAX Holdings, Inc.

RE/MAX Holdings, Inc. reported the quarter ended March 31, 2024 results: revenue $78.3 million, net income $3.4 million, EPS $0.18.

“RE/MAX HOLDINGS, INC. REPORTS FIRST QUARTER 2024 RESULTS Total Revenue of $78.3 Million”
OUT OUTFRONT Media Inc.

OUTFRONT Media Inc. reported first quarter ended March 31, 2024 results: revenue $408.5 million, net income Net loss attributable to OUTFRONT Media Inc. of $27.2 million, EPS ($0.18).

“Act, except as shall be expressly set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- OUTFRONT Media Reports First Quarter 2024 Results Revenues of $408.5 million Operating income of $14.0 million Net loss attributable to OUTFRONT Media Inc. of $27.2 million Adjusted OIBDA of $66.5 million AFFO attributable to OUTFRONT Media Inc. of $23.2”
TDAY USA TODAY Co., Inc.

USA TODAY Co., Inc. reported the first quarter ended March 31, 2024 results: revenue $635.8 million, net income Net loss attributable to Gannett of $84.8 million.

“4.2% year-over year ◦ Record high core platform average revenue per user (1) of $2,697 , up 6.4% year-over-year Additional First Quarter 2024 Highlights: • Total revenues of $635.8 million decreased 5.0% compared to the first quarter of 2023, reflecting improvement on revenue declines of 8.4% in the fourth quarter of 2023 compared to the prior year fourth quarter ◦”
CRTO Criteo S.A.

Criteo S.A. reported the first quarter ended March 31, 2024 results: revenue $450 million, net income $9 million, EPS $0.12 per diluted share. Guidance raised.

“media spend is defined as the media spend activated on behalf of our Retail Media clients and our Performance Media clients. 1 Financial Summary Revenue for Q1 2024 was $450 million, gross profit was $217 million and Contribution ex-TAC was $254 million. Net income for Q1 was $9 million, or $0.12 per share on a diluted basis. Adjusted EBITDA for Q1 was $71”
ICE Intercontinental Exchange, Inc.

Intercontinental Exchange, Inc. reported the fiscal quarter ended March 31, 2024 results: revenue $2.3 billion, net income $767 million, EPS $1.33.

“EX-99.1 (EXHIBIT 99.1) --- EX-99.1 2 tm2413229d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Intercontinental Exchange Reports Strong First Quarter 2024 · Record 1Q24 net revenues of $2.3 billion, +21% y/y Jeffrey C. Sprecher , ICE Chair & Chief Executive Officer , said , " We are pleased to report strong first quarter results that extend our track record of revenue and”
THRY Thryv Holdings, Inc.

Thryv Holdings, Inc. reported the three months ended March 31, 2024 results: revenue $233.6 million, net income $8.4 million, EPS $0.22 per diluted share. Guidance raised.

“revenue was $74.3 million, a 24% increase year-over-year • Total Marketing Services revenue was $159.3 million, a 14% decrease year-over-year • Consolidated total revenue was $233.6 million, a decrease of 5% year-over-year • Consolidated net income was $8.4 million, or $0.22 per diluted share; compared to net income of $9.3 million, or $0.25 per diluted share, for”
CNH CNH Industrial N.V.

CNH Industrial N.V. reported the first quarter of 2024 results: revenue $4.82 billion, net income $402 million, EPS $0.31. Guidance reaffirmed.

“CNH Industrial N.V. Reports First Quarter 2024 Results First quarter consolidated revenue declined 10% on lower industry demand First quarter diluted EPS at $0.31; adjusted diluted EPS at $0.33 ($0.35 in the first quarter of 2023) First quarter Agriculture segment adjusted EBIT margin down 200 bps year-over-year to 12.5%; Construction up 150 bps to 6.7% Cost reduction programs on track, helping to mitigate impact of slowing markets Full-year guidance updated to reflect lower agriculture industry projections Basildon, UK - May 2, 2024 - CNH Industrial N.V. (NYSE: CNHI) today reported results for the three months ended March 31, 2024, with net income of $402 million and diluted earnings per share of $0.31 compared with net income of $486 million and diluted earnings per share of $0.35 for the three months ended March 31, 2023. Consolidated revenues were $4.82 billion (down approximately 10% compared to Q1 2023) and Net sales of Industrial Activities were $4.13 billion (down approximately”
AMH American Homes 4 Rent

American Homes 4 Rent reported the quarter ended March 31, 2024 results: revenue $423.6 million, net income $109.3 million, or $0.30 per diluted share, EPS $0.30 per diluted share.

“announced its financial and operating results for the quarter ended March 31, 2024. Highlights • Rents and other single-family property revenues increased 6.5% year-over-year to $423.6 million for the first quarter of 2024. • Net income attributable to common shareholders totaled $109.3 million, or $0.30 per diluted share, for the first quarter of 2024, compared to”
SAMG Silvercrest Asset Management Group Inc.

Silvercrest Asset Management Group Inc. reported three months ended March 31, 2024 results: revenue Revenue of $30.3 million., net income GAAP consolidated net income ... of $4.9 million and $3.0 million, respectively., EPS Basic and diluted net income per share of $0.32..

“Quarter 2024 Highlights • Total AUM of $34.5 billion, inclusive of discretionary AUM of $22.7 billion and non-discretionary AUM of $11.8 billion at March 31, 2024. • Revenue of $30.3 million. • U.S. Generally Accepted Accounting Principles (“GAAP”) consolidated net income and net income attributable to Silvercrest of $4.9 million and $3.0 million, respectively. •”
ZTS Zoetis Inc.

Zoetis Inc. reported first quarter of 2024 results: revenue $2.2 billion, net income $599 million, EPS $1.31 per diluted share. Guidance raised.

“Exchange Act, except as expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Zoetis Announces First Quarter 2024 Results • Reports Revenue of $2.2 Billion, Growing 10%, and Net Income of $599 Million, or $1.31 per Diluted Share, Increasing 9% and 10%, Respectively, on a Reported Basis for First Quarter 2024 • Delivers 12%”
SSTK Shutterstock, Inc.

Shutterstock, Inc. reported first quarter ended March 31, 2024 results: revenue $214.3 million, net income $16.1 million, EPS $0.45.

“depth. We look forward to welcoming the entire Envato team to Shutterstock.” First Quarter 2024 measures as compared to First Quarter 2023: Financial Measures ● Revenues were $214.3 million compared to $215.3 million. ● Net income was $16.1 million compared to $32.8 million. ● Net income per diluted common share was $0.45 compared to $0.90. ● Adjusted EBITDA was”
Summit Midstream Partners, LP

Summit Midstream Partners, LP reported the three months ended March 31, 2024 results: net income net income of $132.9 million. Guidance reaffirmed.

“Summit Midstream Partners, LP Reports First Quarter 2024 Financial and Operating Results”
PBF PBF Energy Inc.

PBF Energy Inc. reported the first quarter ended March 31, 2024 results: net income $107.5 million, EPS $0.86 per share.

“The company reported first quarter 2024 net income of $107.5 million and net income attributable to PBF Energy Inc. of $106.6 million or $0.86 per share.”
SGHT Sight Sciences, Inc.

Sight Sciences, Inc. reported the first quarter ended March 31, 2024 results: revenue $19.3 million. Guidance reaffirmed.

“quarter ended March 31, 2024, and reaffirmed financial guidance for full year 2024. Recent Business and Financial Highlights • Generated first quarter 2024 total revenue of $19.3 million, an increase of 2% compared to the same period in the prior year. • Achieved total gross margin of 86% in the first quarter of 2024 compared to 84% in the same period in the”
POST Post Holdings, Inc.

Post Holdings, Inc. reported second fiscal quarter ended March 31, 2024 results: revenue $2.0 billion, net income $97.2 million. Guidance raised.

“Inc. (NYSE:POST), a consumer packaged goods holding company, today reported results for the second fiscal quarter ended March 31, 2024. Highlights: • Second quarter net sales of $2.0 billion • Operating profit of $190.1 million; net earnings of $97.2 million and Adjusted EBITDA (non-GAAP)* of $345.2 million • Raised fiscal year 2024 Adjusted EBITDA (non-GAAP)*”
TROX Tronox Holdings plc

Tronox Holdings plc updated its Second Quarter 2024 guidance (initiated).

“Second Quarter 2024 Outlook: • TiO 2 volumes expected to increase 7-10% compared to Q1 2024 • Zircon volumes expected to be relatively flat compared to Q1 2024 • Adjusted EBITDA expected to be $160-180 million and Adjusted EBITDA margin to be in the range of 20%”
TROX Tronox Holdings plc

Tronox Holdings plc reported the first quarter ended March 31, 2024 results: revenue $774 million, net income net loss of $9 million, EPS GAAP diluted loss per share of $0.06.

“Produced revenue of $774 million, a 13% increase compared to the prior quarter, or a 9% increase compared to the prior year • Generated income from operations of $41 million , and a net loss of $9 million ; adjusted net loss was $7 million (non-GAAP) • GAAP diluted loss per share of $0.06 ; Adjusted diluted loss per share was $0.05 (non-GAAP)”
APTV Aptiv PLC

Aptiv PLC reported Full Year 2024 results: EPS Adjusted net income per share $5.80 - $6.30. Guidance lowered.

“The Company’s full year 2024 financial guidance is as follows: (in millions, except per share amounts) Full Year 2024 Net sales $20,850 - $21,450 Adjusted EBITDA $3,150 - $3,300 Adjusted EBITDA margin 15.1% - 15.4% Adjusted operating income $2,425 - $2,575 Adjusted operating income margin 11.6% - 12.0% Adjusted net income per share (1) $5.80 - $6.30 Cash flow from operations $2,350 Capital expenditures $1,000 Adjusted effective tax rate ~17.5%”
APTV Aptiv PLC

Aptiv PLC reported first quarter 2024 results: revenue U.S. GAAP revenue of $4.9 billion, net income U.S. GAAP net income of $218 million, EPS $0.79 per diluted share.

“of $0.79 per diluted share. Excluding special items, first quarter earnings totaled $1.16 per diluted share. First Quarter Financial Highlights Include : • U.S. GAAP revenue of $4.9 billion, an increase of 2% ◦ Revenue increased 2% adjusted for currency exchange and commodity movements; growth over market of 3% based on AWM 1 of (1)% • U.S. GAAP net income of $218”
APTV Aptiv PLC

Aptiv PLC reported quarter ended March 31, 2024 results: revenue U.S. GAAP revenue of $4.9 billion, net income U.S. GAAP net income of $218 million, EPS $0.79 per diluted share.

“of $0.79 per diluted share. Excluding special items, first quarter earnings totaled $1.16 per diluted share. First Quarter Financial Highlights Include : • U.S. GAAP revenue of $4.9 billion, an increase of 2% ◦ Revenue increased 2% adjusted for currency exchange and commodity movements; growth over market of 3% based on AWM 1 of (1)% • U.S. GAAP net income of $218”
ATH-PA Athene Holding Ltd.

Athene Holding Ltd. reported financial results for first quarter ended March 31, 2024.

“On May 2, 2024, Apollo Global Management, Inc. issued an earnings presentation announcing its financial results for the first quarter ended March 31, 2024, which contained information regarding Athene Holding Ltd.’s financial results for the first quarter ended March 31, 2024.”

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.