secwatch / observer

Earnings Releases

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

8-K items 2.02 JSON
TOON Kartoon Studios, Inc.

Kartoon Studios, Inc. reported financial results for the fourth quarter and year ended December 31, 2023.

“On April 9, 2024, Kartoon Studios, Inc. (the “Company”) issued an earnings release announcing, among other things, the Company’s operational highlights for the fourth quarter and year ended December 31, 2023.”
WDFC WD 40 CO

WD 40 CO reported second fiscal quarter ended February 29, 2024 results: revenue $139.1 million, net income $15.5 million, EPS $1.14. Guidance raised.

“today reported financial results for its second fiscal quarter ended February 29, 2024. Second Quarter Highlights and Summary: • Total net sales for the second quarter were $139.1 million, an increase of 7 percent compared to the prior year fiscal quarter. Year-to-date total net sales were $279.5 million, an increase of 10 percent compared to the prior year fiscal”
ILMN ILLUMINA, INC.

ILLUMINA, INC. updated its first quarter 2024 and full-year 2024 guidance (reaffirmed).

“The company has reaffirmed its guidance for the first quarter 2024 and full-year 2024, as announced during its fourth quarter 2024 earnings call on February 8, 2024.”
PSMT PRICESMART INC

PRICESMART INC reported second quarter ended February 29, 2024 results: revenue $1.29 billion, net income $39.3 million, EPS $1.31 per diluted share.

“Total revenues for the second quarter of fiscal year 2024 increased 13.1% to $1.29 billion compared to $1.14 billion in the comparable period of the prior year.”
AEHR AEHR TEST SYSTEMS

AEHR TEST SYSTEMS reported third quarter of fiscal 2024 ended February 29, 2024 results: revenue $7.6 million, net income $(1.5) million, EPS $(0.05) per diluted share. Guidance reaffirmed.

“and burn-in equipment, today announced financial results for its third quarter of fiscal 2024 ended February 29, 2024. Fiscal Third Quarter Financial Results: · Net revenue was $7.6 million, compared to $17.2 million in the third quarter of fiscal 2023. · GAAP net loss was $(1.5) million, or $(0.05) per diluted share, compared to GAAP net income of $4.1 million, or”
CVU CPI AEROSTRUCTURES INC

CPI AEROSTRUCTURES INC reported Full Year 2023 vs. Full Year 2022 results: revenue Revenue of $86.5 million compared to $83.3 million, net income Net income of $17.2 million compared to $9.2 million, EPS Earnings per share of $1.40 ($0.28 excluding the fourth quarter 2023 deferred tax asset valuation allowance reduction of.

“Full Year 2023 vs. Full Year 2022 ● Revenue of $86.5 million compared to $83.3 million; ● Gross profit of $17.1 million compared to $16.3 million; ● Gross margin of 19.7% compared to 19.6%; ● Net income of $17.2 million compared to $9.2 million; ● Earnings per share of $1.40 ($0.28 excluding the fourth quarter 2023 deferred tax asset valuation allowance reduction of $1.12) compared to $0.74 ($0.28 excluding the fourth quarter 2022 deferred tax asset valuation allowance reduction of $0.52 less the first quarter of 2022 severance accrual of $0.06); ● Cash flow from operations of $3.9 million compared to $0.9 million;”
CVU CPI AEROSTRUCTURES INC

CPI AEROSTRUCTURES INC reported Fourth Quarter 2023 vs. Fourth Quarter 2022 results: revenue Revenue of $23.5 million compared to $24.1 million, net income Net income of $14.8 million compared to net income of $6.8 million, EPS Earnings per share of $1.20 ($0.09 excluding the fourth quarter 2023 deferred tax asset valuation allowance reduction of.

“CPI AEROSTRUCTURES REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS Fourth Quarter 2023 vs. Fourth Quarter 2022 ● Revenue of $23.5 million compared to $24.1 million; ● Gross profit of $4.1 million compared to $3.9 million; ● Gross margin of 17.4% compared to 16.1%; ● Net income of $14.8 million compared to net income of $6.8 million; ● Earnings per share of $1.20 ($0.09 excluding the fourth quarter 2023 deferred tax asset valuation allowance reduction of $1.11) compared to earnings per share of $0.55 ($0.03 excluding the fourth quarter 2022 deferred tax asset valuation allowance reduction of $0.52); ● Cash flow from operations of $3.1 million compared to $0.1 million.”
HLIT HARMONIC INC.

HARMONIC INC. reported first quarter 2024 results: revenue $121 million to $123 million. Guidance reaffirmed.

“Harmonic management expects total Company first quarter 2024 revenue to be in the range of $121 million to $123 million.”
SOTK SONO TEK CORP

SONO TEK CORP updated its for the first quarter of FY2025, ending May 31, 2024 guidance (initiated).

“Net sales for the first quarter of FY2025, ending May 31, 2024, are expected to increase approximately 35%-40% year-over-year, compared to a weaker supply chain constrained period in last year’s first quarter.”
SOTK SONO TEK CORP

SONO TEK CORP reported for the twelve months of FY2024, ended February 29, 2024 results: revenue approximately $19.7 million.

“Preliminary net sales for the twelve months of FY2024, were approximately $19.7 million, an increase of approximately 31% from net sales of $15.1 million in FY2023.”
SOTK SONO TEK CORP

SONO TEK CORP reported for the fourth quarter of fiscal year 2024, ended February 29, 2024 results: revenue approximately $4.8 million.

“Sono-Tek Announces Preliminary Net Sales for Q4 and FY2024 and Provides Preliminary Sales Guidance for Q1 FY2025 and FY2025 - 12-Month Net Sales Reached ~$19.7 million, Gain of ~31% for FY2024 ended Feb 29, 2024- - Q4 Net Sales Grew ~30% YOY; Backlog Grew ~7% YOY and Remains Strong- - Strong Sales Projected for Q1 FY2025- MILTON, NY, April 8, 2024 – Sono-Tek Corporation (NASDAQ: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced preliminary net sales and backlog for the fourth quarter of fiscal year 2024, ended February 29, 2024, and for the full fiscal year. • Preliminary net sales for the fourth quarter of FY2024 were approximately $4.8 million, compared to net sales of $3.7 million for the fourth quarter a year ago, an increase of approximately 30%.”
HTCR HeartCore Enterprises, Inc.

HeartCore Enterprises, Inc. reported financial results for fourth quarter and full year ended December 31, 2023.

“On April 8, 2024, HeartCore Enterprises, Inc. (the “Company”) issued a press release announcing its financial results for the fiscal year ended December 31, 2023.”
MDRR Medalist Diversified, Inc.

Medalist Diversified, Inc. reported fiscal 2023 results: net income net loss of $4.6 million.

“In 2023, Medalist reported a net loss of $4.6 million, representing a $0.2 million decrease from the $4.8 million net loss reported for 2022.”
BKD Brookdale Senior Living Inc.

Brookdale Senior Living Inc. reported financial results for the quarter ended March 31, 2024.

“On April 8, 2024, Brookdale Senior Living Inc. (the "Company") issued a press release announcing its consolidated occupancy for March 2024 and certain other information regarding the quarter ended March 31, 2024.”
AHT ASHFORD HOSPITALITY TRUST INC

ASHFORD HOSPITALITY TRUST INC reported preliminary financial results for first quarter of 2024.

“reported today that the Company expects to report Occupancy of approximately 67% for the first quarter of 2024 with Average Daily Rate of approximately $191 resulting in RevPAR of approximately $128.”
AXTI AXT INC

AXT INC reported first quarter ended March 31, 2024 results: revenue $22.4 to $22.7 million.

“AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that it expects to report revenue in the range of $22.4 to $22.7 million for the first quarter ended March 31, 2024, exceeding the company’s prior guidance for the first quarter of 2024 of $20 million to $22 million.”
Gold Flora Corp.

Gold Flora Corp. reported Q4 2023 results: revenue $28.4 million, net income $(42.2) million.

“Total revenue was $28.4 million for Q4 2023 and $91.0 million for FY 2023.”
Gold Flora Corp.

Gold Flora Corp. reported fiscal year ended December 31, 2023 results: revenue $91.0 million, net income $(42.7) million.

“a filing. --- EX-99.1 (EX-99.1) --- Gold Flora Reports Fourth Quarter and Full Year 2023 Financial Results Generates Q4 2023 Revenue of $28.4 Million and Full Year Revenue of $91.0 Million Gross Profit Increased 16% Sequentially to $13.2 Million in Q4 2023, Representing 46% Gross Margin Achieved Positive Adjusted EBITDA in Q4 2023 Developed Disruptive New Brand”
RNAZ Transcode Therapeutics, Inc.

Transcode Therapeutics, Inc. reported financial results for the fiscal year ended December 31, 2023.

“On April 3, 2024, TransCode Therapeutics, Inc. issued a press release announcing its financial results and other business highlights for the fourth quarter and full year ended December 31, 2023.”
ACGP Associated Capital Group, Inc.

Associated Capital Group, Inc. reported preliminary financial results for the quarter ended March 31, 2024.

“On April 5, 2024, Associated Capital Group, Inc. (NYSE: AC) (“Associated Capital”) announced a preliminary range for its book value per share for the quarter ended March 31, 2024.”
ADPT Adaptive Biotechnologies Corp

Adaptive Biotechnologies Corp reported first quarter ended March 31, 2024 results: revenue approximately $41 to $43 million.

“process and outcome of the strategic review during the conference call this afternoon. First Quarter 2024 Preliminary Unaudited Revenue Results • Total revenue of approximately $41 to $43 million for the first quarter of 2024, an increase of approximately 12% compared to the first quarter of 2023. • MRD revenue of approximately $31 to $32 million for the”
TDOC Teladoc Health, Inc.

Teladoc Health, Inc. updated its quarter ended March 31, 2024 guidance (reaffirmed).

“On April 5, 2024, Teladoc Health, Inc. (“Teladoc Health” or the “Company”) announced that it continues to expect its outlook for the quarter ended March 31, 2024 and the year ending December 31, 2024 to be consistent with the outlook ranges disclosed in the Company’s earnings release on February 20, 2024. The financial results for the quarter ended March 31, 2024 are preliminary, unaudited and subject to change”
MVO MV Oil Trust

MV Oil Trust reported financial results for the quarterly payment period ended March 31, 2024.

“On April 5, 2024, MV Oil Trust issued a press release announcing the Trust quarterly distribution for the payment period ended March 31, 2024. A copy of the press release is furnished as Exhibit 99.1 hereto and is incorporated herein by reference.”
GBR New Concept Energy, Inc.

New Concept Energy, Inc. reported the full year ended December 31, 2023 results: revenue $101,000 in 2023, net income net loss of $21,000.

“New Concept Energy, Inc. Reports Fourth Quarter and Full Year 2023 Results Dallas (April 1, 2024) New Concept Energy, Inc. (NYSE American: GBR), (the “Company” or “NCE”) a Dallas-based company, today reported Results of Operations for the fourth quarter and the full year ended December 31, 2023.”
CRVO CervoMed Inc.

CervoMed Inc. reported financial results for the fourth quarter and full year ended December 31, 2023.

“CervoMed Inc. (the “Company,” “we” or “us”) issued a press release announcing financial results as of and for the quarter and full year ended December 31, 2023. A copy of that press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.”
RADIUS RECYCLING, INC.

RADIUS RECYCLING, INC. reported the three months ended February 29, 2024 results: net income a net loss of $(34) million, EPS a loss per share from continuing operations of $(1.19).

“On April 4, 2024, Radius Recycling, Inc issued a press release announcing its financial results for the three months ended February 29, 2024.”
LNN LINDSAY CORP

LINDSAY CORP reported second quarter ended February 29, 2024 results: revenue $151.5 million, net income $18.1 million, EPS $1.64 per diluted share.

“and infrastructure equipment and technology, today announced results for its second quarter ended on February 29, 2024. Key Highlights • Total revenues decreased 9 percent to $151.5 million on lower irrigation revenues • Increased Road Zipper SystemTM lease revenues support accretive sales mix shift and improved infrastructure results • Diluted earnings per share of”
SMG SCOTTS MIRACLE-GRO CO

SCOTTS MIRACLE-GRO CO reported preliminary financial results for three months ended March 30, 2024.

“On April 4, 2024, the Company issued a news release reporting preliminary information regarding its financial results for the three months ended March 30, 2024.”
STAA STAAR SURGICAL CO

STAAR SURGICAL CO reported first quarter ended March 29, 2024 results: revenue in excess of $77 million.

“STAAR Surgical Company (NASDAQ: STAA), a leading developer, manufacturer and marketer of the EVO family of Implantable Collamer® Lenses (EVO ICLTM) for myopia, astigmatism and presbyopia, today announced preliminary net sales for the first quarter ended March 29, 2024, are expected to be in excess of $77 million, with U.S. ICL sales expected to be $5 million for the quarter.”
SLNH Soluna Holdings, Inc

Soluna Holdings, Inc reported the full year ended December 31, 2023 results: revenue $21.1 million.

“in revenue represented a 75% increase as compared to the third quarter 2023, had a significant positive impact on our full fiscal year results. ● Total 2023 revenue was $21.1 million, a decrease of $7.5 million or 26% as compared to 2022 – The decrease was due mainly to the impacts of the strategic realignment of the Company’s business from a primarily”
Enservco Corp

Enservco Corp reported three months ended December 31, 2023 results: revenue $6.5 million, net income $1.9 million.

“Total revenue in the fourth quarter came in at $6.5 million”
Enservco Corp

Enservco Corp reported the fiscal year ended December 31, 2023 results: revenue $22.1 million, net income $8.5 million.

“Full year revenue came in at $22.1 million for 2023”
CAG CONAGRA BRANDS INC.

CONAGRA BRANDS INC. updated its third quarter of fiscal year 2024, which ended on February 25, 2024 guidance (raised).

“Conagra Brands, Inc. (the “Company”) issued a press release which contained information on the Company’s third quarter fiscal 2024 financial results.”
CAG CONAGRA BRANDS INC.

CONAGRA BRANDS INC. reported third quarter of fiscal year 2024, which ended on February 25, 2024 results: revenue $3.0 billion, net income $309 million, EPS $0.64 per diluted share. Guidance raised.

“Our long-term focus remains on executing our strategic priorities and generating value for our shareholders." Total Company Third Quarter Results In the quarter, net sales were $3.0 billion reflecting: ● a 0.3% increase from the favorable impact of foreign exchange; and ● a 2.0% decrease in organic net sales. The 2.0% decrease in organic net sales was driven by a”
OLPX OLAPLEX HOLDINGS, INC.

OLAPLEX HOLDINGS, INC. reported the first quarter of 2024 results: revenue $92 million to $97 million. Guidance reaffirmed.

“the Company today reaffirmed its previously disclosed guidance for net sales for the first quarter of 2024 in the range of $92 million to $97 million”
VELO Velo3D, Inc.

Velo3D, Inc. reported preliminary financial results for the three months ended March 31, 2024.

“On April 4, 2024, Velo3D, Inc. (the “Company”) issued a press release announcing certain updated bookings and backlog information, as well as certain preliminary, unaudited financial estimates for the three months ended March 31, 2024 (the “Press Release”).”
EZRA Reliance Global Group, Inc.

Reliance Global Group, Inc. reported the year ended December 31, 2023 results: revenue $13.7 million, net income $12.0 million.

“2023 Financial Highlights*: (approximates) ● Commission income increased by $2.0 million, or 17%, to $13.7 million in 2023, compared to $11.8 million in 2022, of which 67% is organic growth and 33%, is acquisition related. ● Commission expense increased by $592,000, or 19%, to $3.7 million in 2023, compared to $3.1 million in 2022, driven primarily by the Company’s increased commission income revenues. ● Salaries and wages remained relatively flat at $7.5 million, representing a nominal decrease of $5,000, or 0.1%, during 2023 compared to 2022, demonstrating the Company’s ability to effectively leverage its in-place talent (human capital) despite robust increases in top-line revenue. ● General and administrative expenses decreased by $869,000, or 18%, to $4.1 million in 2023, compared to $5.0 million in 2022, driven in part by OneFirm efficiencies gained, coupled with lower acquisition-related costs. ● Net loss was $12.0 million in 2023, compared to net income of $6.5 million in 2022.”
KRUS KURA SUSHI USA, INC.

KURA SUSHI USA, INC. reported fiscal second quarter ended February 29, 2024 results: revenue $57.3 million, net income $1.0 million, EPS $(0.09) per diluted share.

“Total sales were $57.3 million, compared to $43.9 million in the second quarter of 2023;”
MOVE Corvex, Inc.

Corvex, Inc. reported financial results for the quarter and year ended December 31, 2023.

“Movano Inc. announced its financial results for the quarter and year ended December 31, 2023.”
Nikola Corp

Nikola Corp reported preliminary financial results for first quarter ended March 31, 2024.

“Nikola has not completed its quarterly review process or the preparation of its financial statements for the first quarter ended March 31, 2024. Nikola will announce information regarding Q1 2024 financial results soon.”
SMPL Simply Good Foods Co

Simply Good Foods Co reported thirteen weeks ended February 24, 2024 results: revenue $312.2 million, net income $33.1 million, EPS $0.33. Guidance reaffirmed.

“of branded nutritional foods and snacking products, today reported financial results for the thirteen weeks ended February 24, 2024. Second Quarter Summary: (1) • Net sales of $312.2 million versus $296.6 million • Net income of $33.1 million versus $25.6 million • Earnings per diluted share (“EPS”) of $0.33 versus $0.25 • Adjusted Diluted EPS (2) of $0.40 versus”
LW Lamb Weston Holdings, Inc.

Lamb Weston Holdings, Inc. reported the fiscal third quarter 2024 results: revenue $1,458.3 million, net income $146.1 million, EPS $1.01. Guidance lowered.

“North America and a $25 million pre-tax charge (1) for the write-off of excess raw potatoes • GAAP Results as Compared to Third Quarter Fiscal 2023: ◦ Net sales increased 16% to $1,458 million, including $357 million of incremental sales attributable to the LW EMEA Acquisition ◦ Income from operations declined 16% to $224 million ◦ Net income declined 17% to $146”
ZOMDF Zomedica Corp.

Zomedica Corp. reported full year 2024 results: revenue $31 to $35 million. Guidance reaffirmed.

“Zomedica continues to expect full year revenue in the range of $31 to $35 million”
ZOMDF Zomedica Corp.

Zomedica Corp. reported the year ended December 31, 2023 results: revenue $25.2 million.

“X-99.1 2 zom_ex991.htm PRESS RELEASE zom_ex991.htm EXHIBIT 99.1 Zomedica Reports Record Revenue of $7.3 Million for the Fourth Quarter and $25.2 Million for the Full Year 2023, Reflecting 33% Annual Growth; 69% Gross Margin and $100.5 Million in Liquidity ANN ARBOR, MI / ACCESSWIRE / April 1, 2024 / Zomedica Corp.”
ZOMDF Zomedica Corp.

Zomedica Corp. reported the fourth quarter ended December 31, 2023 results: revenue $7.3 million.

“Revenue for the fourth quarter of 2023 grew 19% to $7.3 million”
Exela Technologies, Inc.

Exela Technologies, Inc. reported full year ended December 31, 2023 results: revenue $1,064.1 million, net income Net loss of $124.4 million ($125.1 attributable to Exela Technologies Inc).

“99.1) --- EX-99.1 2 tm2411057d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Exela Technologies Holdings, Inc. Reports Full Year 2023 Results Full Year Highlights · 2023 revenue of $1,064.1 million, down 1.2% year-over-year · Gross margin of 21.7% in 2023 vs 18.5% in 2022 · Operating profit of $8.1 million, up $236.8 million due to increased gross margin, lower SG&A and no”
Paragon 28, Inc.

Paragon 28, Inc. reported first quarter 2024 results: revenue $60.8 to $61.1 million. Guidance reaffirmed.

“Preliminary unaudited net revenue for the first quarter of 2024 is expected to be in a range of $60.8 to $61.1 million”
STCB Starco Brands, Inc.

Starco Brands, Inc. reported quarter and year ended December 31, 2023 results: revenue $65.2 Million. Guidance reaffirmed.

“and Full Year 2023 Results and Business Update Company Achieved Tremendous Growth in Fiscal Year 2023 Compared to Prior Year with Reported Net Revenue Increasing by 735% to $65.2 Million and Adjusted EBITDA Increasing by 304% to $6.2 Million Fiscal Year 2023 Pro Forma Net Revenue of $70.8M and Adjusted EBITDA of $7.1M, Which Includes Full Year of Soylent*”
GBDC GOLUB CAPITAL BDC, Inc.

GOLUB CAPITAL BDC, Inc. reported financial results for quarter ended March 31, 2024.

“Golub Capital BDC, Inc. issued a press release announcing that it will release its financial results for the quarter ended March 31, 2024 on Monday, May 6, 2024 after the close of the financial markets.”

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.