Earnings Releases

Forward Industries, Inc. reported second quarter ended March 31, 2024 results: revenue $7.8 million, net income $0.6 million, EPS $0.05.

“Forward Industries, Inc. (NASDAQ:FORD), a global design, sourcing and distribution group, today announced financial results for its second quarter ended March 31, 2024. Second Quarter Fiscal Year 2024 Financial Highlights · Revenues were $7.8 million, a decrease of 19.6% from $9.7 million for 2023. · Gross margin increased to 20.5% compared to 19.8% for 2023. · Loss from continuing operations was $0.5 million compared to $0.1 million in 2023 and net loss was $0.6 million compared to $0.9 million in 2023. · Basic and diluted loss per share from continuing operations was $0.05 compared to $0.01 for 2023.”

TELOS CORP reported the first quarter of 2024 results: revenue $29.6 Million, net income GAAP Net Loss $(7.4), EPS GAAP EPS $(0.10).

“Telos Corporation Announces First Quarter Results Above Guidance: Reports $29.6 Million of Revenue, 37.0% GAAP Gross Margin, and 42.2% Cash Gross Margin”

TherapeuticsMD, Inc. reported the first quarter ended March 31, 2024 results: revenue $0.3 million, net income $(0.8) million, EPS $(0.07) per basic and diluted common share.

“in revenue, net and other income based on the proportion of the sales from each of our licensed products. Based on sales of our licensed products, the Company recognized $0.3 million in revenue, net, and approximately $0.3 million in other income in the three months ended March 31, 2024 related to net license royalties. Total Operating Expenses from”

Star Holdings reported the quarter ended March 31, 2024 results: revenue $16.6 million, net income ($49.0 million), EPS ($3.68).

“by ($2.84) with respect to our investment in approximately 13.5 million shares of SAFE based on a mark-to-market at quarter end. During the first quarter, the Company recorded $16.6 million of land revenues, which was primarily comprised of a land parcel at Asbury Park and 52 lots at Magnolia Green. Further details regarding the Company's results of operations,”

Golub Capital BDC 4, Inc. reported preliminary financial results for second fiscal quarter ended March 31, 2024.

“On May 13, 2024 , Golub Capital BDC 4, Inc. will host a conference call to discuss its financial results for its second fiscal quarter ended March 31, 2024.”

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

“today reported financial results for the first quarter ended March 31, 2024”

LUXURBAN HOTELS INC. reported preliminary financial results for the three months ended March 31, 2024.

“On May 9, 2024, LuxUrban Hotels Inc. (the “Company”) issued a press release announcing that the Company will report its financial results for the three months ended March 31, 2024 on Monday, May 13, 2024.”

Drilling Tools International Corp reported full-year 2024 results: revenue $170 million - $185 million. Guidance reaffirmed.

“from the pending acquisition of Superior Drilling Products. We will update 2024 guidance to include SDP once we close the transaction.” 2024 Full Year Outlook Revenue $170 million - $185 million Adjusted Net Income (1) $15.6 million - $21.9 million Adjusted EBITDA (1) $50 million - $58.5 million Adjusted EBITDA Margin (1) 29% - 32% Adjusted Free Cash Flow”

Drilling Tools International Corp reported first quarter 2024 results: revenue $37 million, net income $3.1 million.

“DTI generated total consolidated revenue of $37 million in the first quarter of 2024. First quarter Tool Rental net revenue was approximately $30 million and Product Sales net revenue totaled $7 million. First quarter operating expenses were $31.8 million and operating income was $5.1 million. Net Income and Adjusted Net Income (1) for the first quarter were $3.1 million and $3.8 million, respectively.”

Douglas Elliman Inc. reported first quarter 2024 results: revenue $200.2 million, net income $41.5 million, EPS $0.50 per diluted common share.

“Kirkland III, Douglas Elliman Inc. 305-579-8000 DOUGLAS ELLIMAN INC. REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS First Quarter 2024 Highlights: • Consolidated revenues of $200.2 million compared to $214.0 million in the prior year quarter ◦ Douglas Elliman’s real estate brokerage segment reported gross transaction value of approximately $7.1 billion, compared to”

Airsculpt Technologies, Inc. reported first quarter ended March 31, 2024 results: revenue $47.6 million, net income $6.0 million, EPS $0.10. Guidance reaffirmed.

“results for the first quarter ended March 31, 2024. First Quarter • Cases increased 2.9% over the prior year period to 3,746 • Revenue increased 3.9% over the prior year to $47.6 million • Net income of $6.0 million for the quarter compared to $(0.0) million in the prior year period • Diluted income per share for the quarter of $0.10 • Six planned openings in”

Victoria's Secret & Co. updated its first quarter 2024 ended May 4, 2024 guidance (reaffirmed).

“Victoria’s Secret & Co. Provides First Quarter 2024 Preliminary Results Sales, adjusted operating income, adjusted EPS at the high end or above guidance Reaffirms fiscal 2024 sales and adjusted operating income guidance”

Sylvamo Corp reported the fiscal quarter ended March 31, 2024 results: revenue $905 million, net income $43 million ($1.02 per diluted share), EPS $1.02 per diluted share.

“On May 10, 2024, Sylvamo Corporation issued a press release announcing its financial results for the fiscal quarter ended March 31, 2024.”

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

“On May 10, 2024, ProKidney Corp. issued a press release to announce its financial results for the quarter ended March 31, 2024.”

Soho House & Co Inc. reported first quarter ended March 31, 2024 results: revenue $263.1 million, net income $46.0 million, EPS $0.24 per share. Guidance raised.

“grew to 198,021 from 193,865 in fourth quarter 2023, and 17.4% year-over-year o SHCO Membership waitlist now sits at approximately 102,000, an all-time high • Total revenues of $263.1 million, 3.1% year-over-year growth • Membership revenues grew to $100.2 million, a 20.4% increase year-over-year, accounting for 38.1% of Total revenues • In-House revenues of $110.4”

QT IMAGING HOLDINGS, INC. reported First quarter of 2024 results: revenue $1.4 million, net income $4.3 million.

“Commercial revenue was $1.4 million for the first quarter of 2024”

Chicago Atlantic BDC, Inc. reported first quarter ended March 31, 2024 results: revenue $2.8 million, net income $(0.1) million, EPS $(0.01) per share.

“For the three months ended March 31, 2024, total investment income was $2.8 million. This compares to total expenses of $2.9 million, which includes $2.1 million of expenses related to the Loan Portfolio Acquisition, resulting in net investment income (loss) of $(0.1) million, or $(0.01) per share.”

United Homes Group, Inc. reported three months ended March 31, 2024 results: revenue $100.8 million, net income $24.9 million, or $0.44 per diluted share, EPS $0.44 per diluted share.

“(EX-99.1) --- UNITED HOMES GROUP, INC. REPORTS 2024 FIRST QUARTER RESULTS First Quarter 2024 Highlights • 311 homes closed, resulting in revenue, net of sales discounts, of $100.8 million • Average sale price ("ASP") of production-built homes was approximately $335,000 compared to $314,000 in Q1 2023 • 384 net new home orders in Q1 2024 compared to 389 net new”

Mondee Holdings, Inc. reported first quarter ended March 31, 2024 results: revenue $58.0 million, net income Net Loss of $19.5 million, EPS $(0.30). Guidance raised.

“Financial Highlights • Gross bookings of $708.1 million for the quarter, an increase of 6% compared to $668.1 million in the first quarter of 2023 (“Q1 23”). • Net revenues of $58.0 million for the quarter, an increase of 16% compared to $49.9 million in Q1 23. • Net Loss of $19.5 million for the quarter, which included $20.7 million of non-cash and/or non-recurring”

Li-Cycle Holdings Corp. reported the three months ended March 31, 2024 results: revenue $4.2 million.

“payable metals in the products sold, partially offset by an increase in recycling service revenue and a higher amount of black mass sold. Total revenues increased 17% to $4.2 million versus $3.6 million in 2023, which was impacted by lower unfavorable FMV pricing adjustment of $0.4 million versus an unfavorable adjustment of $4.1 million in the prior year.”

Aeluma, Inc. reported the third quarter of fiscal 2024, ended March 31, 2024 results: revenue $344 thousand, net income net loss of $962 thousand, EPS $0.08 per basic and diluted share.

“During the quarter ended March 31, 2024, revenue was $344 thousand, compared to $263 thousand in the prior quarter and $0 in the same quarter last year. The Company incurred a net loss of $962 thousand, or $0.08 per basic and diluted share, for the quarter ended March 31, 2024, compared to a net loss of $1.13 million, or $0.09 per basic and diluted share, for the prior quarter and a net loss of $1.46 million, or $0.13 per basic and diluted share, for the same quarter last year.”

FTC Solar, Inc. reported the first quarter ended March 31, 2024 results: revenue $12.6 million, net income $8.8 million or $0.07 per share, EPS $0.07 per share.

“EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 FTC Solar Announces First Quarter 2024 Financial Results First Quarter Highlights and Recent Developments • First quarter revenue of $12.6 million • Company remains focused on purchase orders, operational efficiencies, quality and customer service • Total backlog now stands at $1.8 billion • Continue to expect to achieve”

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

“On May 10, 2024, Humacyte, Inc. issued a press release regarding its financial results for its fiscal first quarter ended March 31, 2024.”

REVELATION BIOSCIENCES, INC. reported the three months ended March 31, 2024 results: net income $2.7 million, EPS $2.46 basic and diluted net loss per share.

“Revelation’s net loss for the three months ended March 31, 2024 was $2.7 million, or $2.46 basic and diluted net loss per share”

BBX Capital, Inc. reported the first quarter of 2024 results: revenue $81.0 million, net income $(13.0) million, EPS ($0.94).

“quarter of 2024. Selected highlights of BBX Capital’s consolidated financial results include: First Quarter 2024 Compared to First Quarter 2023 ● Total consolidated revenues of $81.0 million vs. $95.0 million ● Loss before income taxes of $(15.4) million vs. income before taxes of $9.2 million ● Net loss attributable to shareholders of $(13.0) million vs. net income”

Sphere Entertainment Co. reported the third quarter ended March 31, 2024 results: revenue $321.3 million.

“the second round of the postseason for both the Knicks and Rangers across its linear and digital platforms. For the fiscal 2024 third quarter, the Company reported revenues of $321.3 million, an increase of $159.3 million, as compared to the prior year quarter. In addition, the Company reported an operating loss of $40.4 million, an improvement of $61.5 million as”

Instil Bio, Inc. reported the quarter ended March 31, 2024 results: EPS Net loss per share, basic and diluted were $3.74.

“On May 10, 2024 , Instil Bio, Inc. (the “Company”) provided a corporate update and announced its financial results for the quarter ended March 31, 2024 in the press release attached hereto as Exhibit 99.1, which is incorporated herein by reference.”

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

“On May 10, 2024, Akero Therapeutics, Inc. announced its financial results for the quarter ended March 31, 2024.”

i3 Verticals, Inc. updated its the fiscal year ending September 30, 2024 guidance (lowered).

“The Company is providing the following revised outlook for the fiscal year ending September 30, 2024:”

i3 Verticals, Inc. updated its the three and six months ended March 31, 2024 guidance (reaffirmed).

“On May 10, 2024, i3 Verticals, Inc. (the “Company”) issued a press release announcing the results of its operations for the three and six months ended March 31, 2024.”

Biglari Holdings Inc. reported the first quarter of 2024 results: net income $ 22,579.

“On May 10, 2024 , Biglari Holdings Inc. (the "Company") issued a press release announcing its financial results for its first quarter, which ended March 31, 2024.”

Red Violet, Inc. reported the quarter ended March 31, 2024 results: revenue $17.5 million, net income $1.8 million, EPS $0.13 per basic and diluted share.

“red violet Announces First Quarter 2024 Financial Results Record Revenue of $17.5 Million, an Increase of 20%”

Construction Partners, Inc. reported fiscal second quarter ended March 31, 2024 results: revenue $371.4 million, net income $1.1 million. Guidance raised.

“Revenues were $371.4 million in the second quarter of fiscal 2024, an increase of 14% compared to $324.8 million in the same quarter last year.”

Sachem Capital Corp. reported first quarter ended March 31, 2024 results: revenue $17.2 million, net income $3.6 million, EPS $0.08 per share.

“31, 2024. --- EX-99.1 (EXHIBIT 99.1) --- EX-99.1 2 tm2414164d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 SACHEM CAPITAL REPORTS FIRST QUARTER 2024 RESULTS – REVENUES GREW 17.0% TO $17.2 MILLION - Company to Host Webcast and Conference Call - BRANFORD, Conn., May 10, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announced its financial results for”

ENDRA Life Sciences Inc. reported the fiscal quarter ended March 31, 2024 results: net income We expect to record a net loss of approximately $2.8 million for the quarter ended March 31, 2024.

“On May 10, 2024, ENDRA Life Sciences Inc. (the “Company”) filed a Registration Statement (the “Prospectus”) on Form S-1/A (No. 333-278842) pursuant to the Securities Act of 1933, as amended (the “Securities Act”), relating to a public offering (the “Offering”) of shares of the Company’s common stock and warrants to purchase shares of the Company’s common stock. The Prospectus contains select preliminary unaudited estimated financial results for the fiscal quarter ended March 31, 2024.”

Checkpoint Therapeutics, Inc. reported first quarter ended March 31, 2024 results: net income $10.9 million, EPS $0.33 per share.

“Net loss attributable to common stockholders for the first quarter of 2024 was $10.9 million, or $0.33 per share”

Entera Bio Ltd. reported the quarter ended March 31, 2024 results: net income $2.0 million, EPS $0.05 per ordinary share (basic and diluted).

“Net loss was $2.0 million, or $0.05 per ordinary share (basic and diluted), for the period ended March 31, 2024, as compared to $2.2 million, or $0.08 per ordinary share (basic and diluted), for the period ended March 31, 2023.”

Seritage Growth Properties reported the three months ended March 31, 2024 results: net income ($20.2) million, EPS ($0.36) per share.

“On May 10, 2024, the Company issued a press release regarding its financial results for the three months ended March 31, 2024.”

GUGGENHEIM CREDIT INCOME FUND 2019 reported financial results for the quarter ended March 31, 2024.

“On May 10, 2024, Guggenheim Credit Income Fund 2019 released an overview announcing its operating results for the quarter ended March 31, 2024”

GUGGENHEIM CREDIT INCOME FUND 2016 T reported financial results for quarter ended March 31, 2024.

“On May 10, 2024, Guggenheim Credit Income Fund 2016 T released an overview announcing its operating results for the quarter ended March 31, 2024”

Inspired Entertainment, Inc. reported the three-month period ended March 31, 2024 results: revenue $63.1 million, net income Net Loss of $(5.7) million, EPS $(0.20) per diluted share.

“set forth by specific reference in such a filing. --- EX-99.1 () --- EX-99.1 2 ex99-1.htm Exhibit 99.1 INSPIRED REPORTS FIRST QUARTER 2024 RESULTS ● First Quarter Revenue of $63.1 million versus $64.9 million in the prior year period ● First Quarter Net Loss of $(5.7) million ● First Quarter Adjusted EBITDA of $16.3 million ● Expanded video lottery terminal”

DNOW Inc. reported the first quarter ended March 31, 2024 results: revenue $563 million, net income $21 million, EPS $0.19 per diluted share. Guidance raised.

“• Cash provided by operating activities was $81 million for the first quarter of 2024 and $275 million for the trailing four quarters ending March 31, 2024 • Revenue was $563 million for the first quarter of 2024 • Net income attributable to DNOW Inc. was $21 million, or $0.19 per diluted share, for the first quarter of 2024 • Non-GAAP net income attributable”

American Strategic Investment Co. reported first quarter ended March 31, 2024 results: revenue $15.5 million, net income $7.6 million, EPS $(3.28).

“Revenue was consistent at $15.5 million for the first quarter of 2024 and 2023 • Net loss attributable to common stockholders improved to $7.6 million”

DigitalOcean Holdings, Inc. reported first quarter ended March 31, 2024 results: revenue $185 million, net income $14 million, EPS $0.15. Guidance initiated.

“DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing technology businesses, today announced results for its first quarter ended March 31, 2024. “The first quarter was a strong start to the year as we position the company to be the leading cloud and AI platform for growing technology businesses,” said Paddy Srinivasan, CEO of DigitalOcean. “Our results demonstrate the solid performance of our core cloud and the exciting potential of our AI platform.” First Quarter 2024 Financial Highlights: • Revenue was $185 million, an increase of 12% year-over-year. • Annual Run-Rate Revenue (ARR) ended the quarter at $749 million, representing 12% year-over-year growth. • Gross profit of $112 million, an increase of 20% year-over-year, and 61% of revenue. • Net income attributable to common stockholders was $14 million and net income margin was 8%. • Adjusted EBITDA was $74 million, an increase of 33% year-over-year, and adjusted EBITDA margin was 40%. • D”

Pulmatrix, Inc. reported three months ended March 31, 2024 results: revenue $5.9 million, net income $0.8 million.

“outside the United States. Within the United States, Pulmatrix and Cipla will seek to monetize PUR1900. First Quarter 2024 Financial Results Revenues increased $4.4 million to $5.9 million for the three months ended March 31, 2024, compared to $1.5 million for the three months ended March 31, 2023. The increase is primarily related to a contract modification of the”

Duolingo, Inc. updated its the three months ended March 31, 2024 guidance (raised).

“On May 8, 2024, Duolingo, Inc. (the "Company") issued a press release announcing the financial results of the Company for the three months ended March 31, 2024 (the "Earnings Release")”

Edesa Biotech, Inc. reported the six months ended March 31, 2024 results: net income $3.5 million for the six months ended March 31, 2024, EPS $1.12 per common share.

“For the six months ended March 31, 2024, Edesa reported a net loss of $3.5 million, or $1.12 per common share”

Edesa Biotech, Inc. reported the three and six months ended March 31, 2024 results: net income $1.9 million for the quarter ended March 31, 2024, EPS $0.58 per common share.

“For the quarter ended March 31, 2024, Edesa reported a net loss of $1.9 million, or $0.58 per common share”

Xenetic Biosciences, Inc. reported first quarter of 2024 results: net income Net loss for the quarter ended March 31, 2024 was approximately $1.2 million..

“On May 10, 2024, Xenetic Biosciences, Inc. (the “Company”) issued a press release announcing results for the three months ended March 31, 2024 and providing a business update.”

AMC Global Media Inc. reported the first quarter ended March 31, 2024 results: revenue $596 million, EPS $1.03.

“of $151 million; Free Cash Flow (1) of $144 million. • Operating income of $110 million; Adjusted Operating Income (1) of $149 million, with a margin of 25%. • Net revenues of $596 million decreased 17% from the prior year. Excluding nonrecurring revenues related to Silo and 25/7 Media, net revenues decreased 6%. ◦ Streaming revenues of $145 million increased 3%”