secwatch / observer

Earnings Releases

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

8-K items 2.02 JSON
DXC DXC Technology Co

DXC Technology Co reported the fourth quarter of fiscal year 2024 ended March 31, 2024 results: revenue $3,386, net income $(195), EPS $(1.10).

“excellence, our skilled employees and recent management additions I have great confidence in our future." 1 - Financial Highlights (1) Q4 FY24 Q4 FY23 FY24 FY23 Revenue $ 3,386 $ 3,591 $ 13,667 $ 14,430 YoY Revenue Growth (5.7) % (10.4) % (5.3) % (11.3) % YoY Organic Revenue Growth (2) (4.9) % (2.9) % (4.1) % (2.7) % Net Income $ (195) $ (758) $ 86 $”
LMFA LM FUNDING AMERICA, INC.

LM FUNDING AMERICA, INC. reported the three months ended March 31, 2024 results: revenue approximately $4.7 million, net income $1.9 million.

“Company specifically incorporates it by reference. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 LM Funding America, Inc. Achieves Over 105% Year-Over-Year Revenue Growth to $4.7 Million and Generated $1.9 Million of Net Income for the First Quarter of 2024 Mined 86.4 Bitcoins in Q1 2024 Valued at Approximately $4.6 Million at an Average Market Revenue Value of”
WMS ADVANCED DRAINAGE SYSTEMS, INC.

ADVANCED DRAINAGE SYSTEMS, INC. reported the fiscal year ended March 31, 2024 results: revenue $2,874.5 million, net income $513.3 million, EPS $6.45. Guidance initiated.

“Fiscal 2024 Results • Net sales decreased 6.4% to $2,874.5 million • Net income increased 0.4% to $513.3 million • Diluted net income per share increased 6.1% to $6.45”
WMS ADVANCED DRAINAGE SYSTEMS, INC.

ADVANCED DRAINAGE SYSTEMS, INC. reported the fourth quarter ended March 31, 2024 results: revenue $653.8 million, net income $95.5 million, EPS $1.21. Guidance initiated.

“Fourth Quarter Fiscal 2024 Results • Net sales increased 5.9% to $653.8 million • Net income increased 10.6% to $95.5 million • Diluted net income per share increased 14.5% to $1.21”
LBRA 1847 Holdings LLC

1847 Holdings LLC reported the first quarter ended March 31, 2024 results: revenue $14,913,497.

“(PRESS RELEASE ISSUED ON MAY 16, 2024) --- EX-99.1 2 ea020614301ex99-1_1847hol.htm PRESS RELEASE ISSUED ON MAY 16, 2024 Exhibit 99.1 1847 Reports 15.0% Increase in Revenue to $14.9 Million for the First Quarter of 2024 Gross profit increases 13.3% in Q1 2024 vs Q1 2023 NEW YORK, NY / ACCESSWIRE / May 16, 2024 / 1847 Holdings LLC ("1847" or the "Company")”
ODYS Odysight.ai Inc.

Odysight.ai Inc. reported first quarter 2024 results: net income GAAP net loss of $3.2 million.

“announced financial results for the three months ended March 31, 2024”
AKTX Akari Therapeutics Plc

Akari Therapeutics Plc reported the first quarter ended March 31, 2024 results: net income Net loss was approximately $5.6 million.

“Akari Therapeutics, Plc (Nasdaq: AKTX), a late-stage biotechnology company developing advanced therapies for autoimmune and inflammatory diseases, has reported financial results for the first quarter ended March 31, 2024 as well as recent company highlights.”
SMXT SolarMax Technology, Inc.

SolarMax Technology, Inc. reported the quarter ended March 31, 2024 results: revenue $5.8 million, net income $19.3 million.

“or the “Company”), an integrated solar energy company, today reported financial results for the quarter ended March 31, 2024. First Quarter Highlights · Revenues were $5.8 million, compared to $12.9 million in the first quarter of 2023. · Cost of revenues included a one-time stock-based compensation expense of $1.3 million, resulted in gross profit of”
AMPG AmpliTech Group, Inc.

AmpliTech Group, Inc. reported the three months ended March 31, 2024 results: net income net loss of approximately $4.7 million.

“The Company anticipates that for the three months ended March 31, 2024, it will incur a net loss of approximately $4.7 million as compared to a net loss of approximately $582,000 for the three months ended March 31, 2023.”
DOCS Doximity, Inc.

Doximity, Inc. reported its fiscal year ended March 31, 2024 results: revenue Revenue of $475.4 million, net income Net income of $147.6 million, EPS Diluted net income per share was $0.72. Guidance reaffirmed.

“and is incorporated by reference herein. --- EX-99.1 (EX-99.1) --- Doximity Announces Fourth Quarter and Fiscal Year 2024 Financial Results Fiscal year 2024 total revenues of $475.4 million, up 13% year-over-year Fiscal year 2024 net income growth of 31% and adjusted EBITDA growth of 25% year-over-year Q4 total revenues of $118.1 million, up 6% year-over-year Q4 net”
DOCS Doximity, Inc.

Doximity, Inc. reported its fiscal quarter ended March 31, 2024 results: revenue Revenue of $118.1 million, net income Net income of $40.6 million, EPS Diluted net income per share was $0.20. Guidance reaffirmed.

“year 2024 total revenues of $475.4 million, up 13% year-over-year Fiscal year 2024 net income growth of 31% and adjusted EBITDA growth of 25% year-over-year Q4 total revenues of $118.1 million, up 6% year-over-year Q4 net income growth of 32% and adjusted EBITDA growth of 15% year-over-year SAN FRANCISCO, Calif., May 16, 2024 -- Doximity, Inc. (NYSE: DOCS), the leading”
PRHI Presurance Holdings, Inc.

Presurance Holdings, Inc. reported first quarter ended March 31, 2024 results: net income $74,000, EPS $0.01 per share.

“On May 14, 2024, Conifer Holdings, Inc. (the "Company") publicly announced results for the first quarter of 2024.”
OESX ORION ENERGY SYSTEMS, INC.

ORION ENERGY SYSTEMS, INC. reported fiscal 2024 fourth quarter ended March 31, 2024 and full year ended March 31, 2024 results: revenue preliminary Q4’24 revenue of approximately $26.4M.

“preliminary Q4’24 revenue of approximately $26.4M”
UAA Under Armour, Inc.

Under Armour, Inc. reported financial results for the fourth quarter and fiscal year ended March 31, 2024.

“On May 16, 2024, Under Armour, Inc. (“Under Armour”, or the “Company”) issued a press release announcing its financial results for the fourth quarter and fiscal year ended March 31, 2024.”
MYSZ My Size, Inc.

My Size, Inc. reported the three months ended March 31, 2024 results: revenue $2,984,000, net income $1,016,000.

“31, 2024. Key Financial Highlights for the Three Months Ended March 31, 2024 Compared to Prior Year Period and Recent Developments ● Consolidated revenue increased 314% to $2,984,000 primarily attributable to revenue generated following the acquisition of Orgad ● Software-as-a-Service (SaaS) revenues increased 25% to $177,000 ● Gross profit increased to”
TRAW Traws Pharma, Inc.

Traws Pharma, Inc. reported the first quarter of 2024 results: revenue fifty-six thousand dollars, net income $5.0 million, or $0.24 per share, EPS $0.24 per share.

“Revenue was fifty-six thousand dollars for the first quarter of 2024, consistent with the same period in 2023.”
FLO FLOWERS FOODS INC

FLOWERS FOODS INC reported 16-week first quarter ended April 20, 2024 results: revenue $1.577 billion, net income $73.0 million, EPS $0.34. Guidance reaffirmed.

“FLOWERS FOODS, INC. REPORTS FIRST QUARTER 2024 RESULTS THOMASVILLE, Ga. – Flowers Foods, Inc. (NYSE: FLO) today reported financial results for the company’s 16-week first quarter ended April 20, 2024. First Quarter Summary: Compared to the prior year first quarter where applicable • Sales increased 2.8% to a first-quarter record, $1.577 billion. • Net income increased 3.3% to $73.0 million, primarily due to moderating input costs and price increases implemented in the prior year, partly offset by higher selling, distribution, and administrative expenses. Adjusted net income (1) decreased 0.8% to $80.3 million. • Adjusted EBITDA (1) increased 5.5% to $159.4 million, representing 10.1% of sales, a 30-basis point increase. • Diluted EPS increased $0.01 to $0.34. Adjusted diluted EPS (1) was consistent with the prior year period at $0.38.”
WKSP Worksport Ltd

Worksport Ltd reported the first quarter of its fiscal year (Q1 FY 2024) ended March 31, 2024 results: revenue $512,637.

“2024: Explosive Growth: Worksport Ltd. reported a staggering 1,506% increase in North American sales for Q1 2024 from Q1 2023, with revenues soaring from $31,925 in Q1 2023 to $512,637 in Q1 2024. US revenue alone experienced a remarkable 1,766% increase in Q1 2024 compared to Q1 2023. Worksport CEO, Steven Rossi said, "We are proud to see such encouraging early”
CBRL CRACKER BARREL OLD COUNTRY STORE, INC

CRACKER BARREL OLD COUNTRY STORE, INC updated its third and fourth quarter fiscal 2024 guidance (lowered).

“The Company expects its third and fourth quarter fiscal 2024 financial results will be below its previous expectations, primarily due to weaker than anticipated traffic.”
CBRL CRACKER BARREL OLD COUNTRY STORE, INC

CRACKER BARREL OLD COUNTRY STORE, INC reported fiscal 2027 results: revenue $3.8 billion to $3.9 billion. Guidance initiated.

“The Company provided a long-term outlook and expects fiscal 2027 sales of approximately $3.8 billion to $3.9 billion”
WMT Walmart Inc.

Walmart Inc. updated its the three months ended April 30, 2024 guidance (raised).

“Walmart Inc., a Delaware corporation (the "Company"), is furnishing to the SEC a press release that the Company will issue on May 16, 2024 (the "Press Release") and a financial presentation that will be first posted by the Company on the Company’s website at http://stock.walmart.com on May 16, 2024 (the "Financial Presentation"). The Press Release and the Financial Presentation will disclose information regarding the Company's results of operations and cash flows for the three months ended April 30, 2024, and the Company's financial condition as of April 30, 2024.”
SGRP SPAR Group, Inc.

SPAR Group, Inc. reported first quarter ended March 31, 2024 results: revenue $68.7 million, net income $6.6 million, EPS $0.28.

“(EXHIBIT 99.1) --- EX-99.1 2 ex_674866.htm EXHIBIT 99.1 ex_674866.htm Exhibit 99.1 SPAR Group, Inc. Reports First Quarter 2024 Results May 15, 2024 • Consolidated Revenues of $68.7 million, up 7% from Last Year • U.S. and Canada Revenues up 22% from Last Year • Consolidated Operating Income of $9.6 million compared to $3.2 million Last Year • Diluted EPS of $0.28”
GSE SYSTEMS INC

GSE SYSTEMS INC reported first quarter ended March 31, 2024 results: revenue $11.3 million, net income $(2.0) million, EPS $(0.63) per basic and diluted share.

“of the power industry, today announced its financial results for the first quarter (“Q1”) ended March 31, 2024. Q1 2024 Highlights • The Company reports revenue in Q1 2024 of $11.3 million, up 3.8% from $10.9 million in Q1 2023 and up 10.5% from $10.2 million in Q4 2023. • Engineering revenue reported 26% increase in Q1 2024 to $8.7 million, up from $6.9 million in”
AWHL Aspira Women's Health Inc.

Aspira Women's Health Inc. reported first quarter ended March 31, 2024 results: revenue $2.2 million. Guidance reaffirmed.

“by reference language in such filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Aspira Women’s Health Reports First Quarter 2024 Financial Results Q1 2024 OvaSuite SM revenue of $2.2 million and volume of 5,829 units Q1 2024 cash utilization of $4.4 million, a decrease of 22% compared to Q1 2023 Conference Call and Webcast scheduled for today at 8:30 am ET AUSTIN,”
FWRD FORWARD AIR CORP

FORWARD AIR CORP reported three months ended March 31, 2024 results: EPS $(2.81).

“The Company’s net (loss) income per diluted share for the three months ended March 31, 2024 decreased by $0.46 to $(2.81).”
PTN PALATIN TECHNOLOGIES INC

PALATIN TECHNOLOGIES INC reported financial results for fiscal third quarter ended March 31, 2024.

“On May 15, 2024, we issued a press release including results for our quarter ended March 31, 2024”
ENVB Enveric Biosciences, Inc.

Enveric Biosciences, Inc. reported the first quarter ended March 31, 2024 results: net income $2.46 million, EPS $0.61.

“Enveric Biosciences, Inc. issued a press release providing a corporate update and announcing its financial results for the first quarter ended March 31, 2024.”
ASENSUS SURGICAL, INC.

ASENSUS SURGICAL, INC. reported the first quarter ended March 31, 2024 results: revenue $1.1 million, net income $22.5 million, EPS $0.08 per share.

“For the three months ended March 31, 2024, the Company reported revenue of $1.1 million as compared to revenue of $1.0 million in the three months ended March 31, 2023. Revenue in the first quarter of 2024 included $0.5 million in lease revenue, $0.3 million in instruments and accessories, and $0.3 million in services. For the three months ended March 31, 2024, total operating expenses were $22.7 million, as compared to $20.4 million, in the three months ended March 31, 2023. For the three months ended March 31, 2024, net loss was $22.5 million, or $0.08 per share, as compared to a net loss of $22.2 million, or $0.09 per share, in the three months ended March 31, 2023.”
CSCO CISCO SYSTEMS, INC.

CISCO SYSTEMS, INC. reported its fiscal third quarter 2024 ended April 27, 2024 results: revenue $12.7 billion, net income $1.9 billion, EPS $0.46.

“Cisco reported third quarter revenue of $12.7 billion, net income on a generally accepted accounting principles (GAAP) basis of $1.9 billion or $0.46 per share, and non-GAAP net income of $3.6 billion or $0.88 per share.”
SYPR SYPRIS SOLUTIONS INC

SYPRIS SOLUTIONS INC reported the first quarter ended March 31, 2024 results: revenue $35.6 million, net income a net loss of $2.2 million, or $0.10 per share. Guidance reaffirmed.

“The Company reported revenue of $35.6 million for the first quarter of 2024, compared to $32.3 million for the prior-year comparable period. Additionally, the Company reported a net loss of $2.2 million, or $0.10 per share, as compared to a net loss of $0.2 million, or $0.01 per share, for the prior-year period.”
GOVX GeoVax Labs, Inc.

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

“On May 14, 2024, GeoVax Labs, Inc. (the “Company”) issued a press release reporting its results of operations for the quarter ended March 31, 2024.”
VBI Vaccines Inc/BC

VBI Vaccines Inc/BC reported financial results for the first fiscal quarter ending March 31, 2024.

“On May 15, 2024, the Company issued a press release announcing its financial results for the first fiscal quarter ending March 31, 2024, and provided a corporate update. A copy of this press release is furnished as Exhibit 99.1 hereto and is incorporated herein by reference.”
ICAD INC

ICAD INC reported the three months ended March 31, 2024 results: revenue $5.0 million, net income ($1.2) million, EPS ($0.05) per diluted share.

“results for the three months ended March 31, 2024. First Quarter 2024 Highlights (Year over Year Performance): ● Total ARR was $9.0 million, up 10% ● Total revenues were $5.0 million, up 14% ● Gross profit margin % was 83%, up from 82% ● GAAP Net loss from continuing operations ($1.2) million, improvement from ($3.1 million) ● Operating cash flow was ($1.2)”
CATX Perspective Therapeutics, Inc.

Perspective Therapeutics, Inc. reported financial results for the quarter ended March 31, 2024.

“On May 15, 2024, Perspective Therapeutics, Inc. (the Company) issued a press release announcing its financial results for the quarter ended March 31, 2024 and providing recent business highlights.”
NOTV Inotiv, Inc.

Inotiv, Inc. reported six months ended March 31, 2024 results: revenue $254.5 million, net income $63.9 million.

“Revenue was $254.5 million during the YTD FY 2024 compared to $274.2 million during the six months ended March 31, 2023 ("YTD FY 2023"), driven by a $22.9 million decrease in RMS revenue and partially offset by a $3.2 million increase in DSA revenue. • Consolidated net loss for YTD FY 2024 was $63.9 million, or 25.1% of total revenue, compared to consolidated net loss of $96.6 million, or 35.2% of total revenue for YTD FY 2023.”
NOTV Inotiv, Inc.

Inotiv, Inc. reported three months ended March 31, 2024 results: revenue $119.0 million, net income $48.1 million.

“Revenue was $119.0 million in Q2 FY 2024 as compared to $151.5 million during the three months ended March 31, 2023 (“Q2 FY 2023”), driven primarily by a decrease of $32.1 million, or 30.7%, in Research Models and Services (“RMS”) revenue. • Consolidated net loss for Q2 FY 2024 was $48.1 million, or 40.4% of total revenue, compared to consolidated net loss of $9.6 million, or 6.4% of total revenue, in Q2 FY 2023.”
RDI READING INTERNATIONAL INC

READING INTERNATIONAL INC reported First Quarter ended March 31, 2024 results: revenue $45.1 million, net income ($13.2 million), EPS ($0.59) per share.

“· Total Revenues decreased slightly by 2% (or $0.8 million) to $45.1 million compared to $45.8 million in Q1 2023. · Operating Loss improved by 4% (or $0.3 million) to a loss of $7.5 million compared to a Q1 2023 operating loss of $7.9 million. · Adjusted EBITDA loss of $4 million increased by 40% from a negative $2.8 million in Q1 2023. · Basic loss per share weakened by 18% (or $0.09) to a loss of $0.59 compared to a loss of $0.50 for Q1 2023. · Net loss attributable to Reading increased by 19% to a loss of $13.2 million compared to a loss of $11.1 million”
LGL LGL GROUP INC

LGL GROUP INC reported first quarter ended March 31, 2024 results: revenue $888,000, net income $21,000, EPS $0.00 per diluted share.

“Total revenues decreased $96,000 to $888,000 for the three months ended March 31, 2024 from $984,000 for the three months ended March 31, 2023”
HWKN HAWKINS INC

HAWKINS INC reported fiscal year ended March 31, 2024 results: revenue $919.2 million, net income $75.4 million, EPS $3.59 per diluted share.

“Record fourth quarter operating cash flow of $41.9 million allowed us to pay down $21 million in debt in the quarter. Full-Year Fiscal Year 2024 Highlights: • Full year sales of $919.2 million, down 2% compared to the prior fiscal year, with Water Treatment up 19% over the prior year. • Record gross profit of $193.6 million, a 17% increase over the prior year,”
HWKN HAWKINS INC

HAWKINS INC reported fourth quarter of fiscal 2024 results: revenue $223.0 million, net income $13.8 million, EPS $0.66 per diluted share.

“company, today announced fourth quarter and full-year results for its fiscal year ended March 31, 2024. Fourth Quarter Fiscal Year 2024 Highlights: • Fourth quarter sales of $223.0 million, down 2% compared to the same quarter in the prior year, with Water Treatment segment sales growth of 21% over the same quarter in the prior year. • Gross profit of $45.5”
JOB GEE Group Inc.

GEE Group Inc. reported financial results for the six months ended March 31, 2024.

“today announced consolidated results for the fiscal 2024 second quarter and year to date results for the period ended March 31, 2024.”
JOB GEE Group Inc.

GEE Group Inc. reported financial results for fiscal 2024 second quarter ended March 31, 2024.

“On May 15, 2024, GEE Group Inc. (the “Company”) (NYSE American: JOB) issued a press release announcing the Company’s consolidated results for the fiscal 2024 second quarter ended March 31, 2024.”
ABEO ABEONA THERAPEUTICS INC.

ABEONA THERAPEUTICS INC. reported first quarter of 2024 results: net income Net loss was $31.6 million for the first quarter of 2024, or $1.16 loss per common share, EPS $1.16 loss per common share.

“Abeona Therapeutics Inc. (Nasdaq: ABEO) today reported financial results for the first quarter of 2024”
TOMZ TOMI Environmental Solutions, Inc.

TOMI Environmental Solutions, Inc. reported first quarter ended March 31, 2024 results: revenue $1,114,000, net income ($1,310,000), EPS ($0.07) per basic and diluted share.

“results and value for our shareholders,” Dr. Shane concluded. 1 Financial Results for the three months ended March 31, 2024, compared to March 31, 2023 · Total net revenue was $1,114,000 compared to $1,582,000. · Gross margin was 60.2% compared to 59.5%. · Operating loss was ($1,226,000), compared to ($1,188,000). · Net loss was ($1,310,000) or ($0.07) per basic”
BLMH BLUM HOLDINGS, INC.

BLUM HOLDINGS, INC. reported first quarter ended March 31, 2024 results: revenue $6.8 million, net income $3.0 million.

“First Quarter 2024 Highlights • The Company continued to eliminate non-performing legacy operations during the first quarter of 2024 and transitioned a single retail location to delivery only. As a result, revenue for the first quarter of 2024 was $6.8 million, down from $8.1 million in the previous quarter ended December 31, 2023. • For five consecutive quarters in a row, the Company has maintained a gross margin of above 50%, landing at 53% for the first quarter of 2024. • Operating expenses for the first quarter of 2024 were $6.1 million, a decrease of 34% compared to the fourth quarter of 2023. • Net loss from continuing operations for the first quarter of 2024 was $3.0 million, an improvement of 61% compared to the consecutive prior quarter.”
HUT Hut 8 Corp.

Hut 8 Corp. reported the three months ended March 31, 2024 results: revenue $51.7 million, net income $250.9 million.

“in such filing, except as expressly set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- ​ ​ Hut 8 Reports First Quarter 2024 Results ​ Revenue of $51.7 million, Net Income attributable to Hut 8 Corp. of $250.9 million, and Adjusted EBITDA of $297.0 million ​ 9,102 self-mined Bitcoin on balance sheet as of March 31, 2024 ​ MIAMI, FL, May”
RENX RenX Enterprises Corp.

RenX Enterprises Corp. reported the three months ended March 31, 2024 results: revenue $49,816.

“technological advancements will position us favorably for continued success in the real estate industry.” Financial Highlights from the first quarter of 2024: - Revenues were $49,816 - GAAP net loss totaled ($3,067,671) - Adjusted EBITDA* totaled ($432,004) “In our strategic outlook for the immediate future, our aim is to attain a revenue milestone of around”
UMAC Unusual Machines, Inc.

Unusual Machines, Inc. reported the fiscal quarter ended March 31, 2024 results: revenue approximately $0.6 million, net income approximately $1.1 million, EPS $0.18 per share.

“feedback. Please reach out with any questions or comments. Sincerely, Allan Evans CEO of Unusual Machines 2 First Quarter Financial Results · Sales totaled approximately $0.6 million for the period since acquisitions of Fat Shark and Rotor Riot of February 16, 2024 through March 31, 2024. We did not have any sales prior in the prior year or prior to the”
ISPR Ispire Technology Inc.

Ispire Technology Inc. reported fiscal third quarter ended March 31, 2024 results: revenue $30.0 million, net income Net loss of $5.9 million, EPS $0.11 per share.

“Revenue increased 24% to $30.0 million as compared to $24.1 million in the same period of 2023.”
MariaDB plc

MariaDB plc reported second fiscal quarter ended March 31, 2024 results: net income Net Loss for the second quarter was $3.5 million.

“MariaDB Files Second Quarter Fiscal 2024 Financial Results REDWOOD CITY, Calif., and DUBLIN – May 15, 2024 – MariaDB plc (NYSE:MRDB) today filed its financial results for the second quarter of fiscal year 2024, which ended March 31, 2024. “Annual Recurring Revenue (ARR) is up 11.9% year-over-year in the second quarter of fiscal year 2024 coupled with a 97% improvement in Adjusted EBITDA loss of $378 thousand versus the prior fiscal year second quarter loss of $12.6 million,” said Paul O’Brien, CEO at MariaDB plc. “In six months, we have demonstrated our ability to quickly turn our financial story around and are optimistic about the future performance of the business.” The Net Loss for the second quarter was $3.5 million, an improvement of $8.4 million as compared to a Net Loss of $11.9 million in the prior period.”

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.