secwatch / observer

Earnings Releases

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

8-K items 2.02 JSON
EE Excelerate Energy, Inc.

Excelerate Energy, Inc. reported the quarter ended March 31, 2024 results: revenue $200.1, net income $28.1 million, EPS $0.24.

“growth.” FIRST Quarter 2024 Financial REsults For the three months ended March 31, December 31, March 31, (in millions, except per share amounts) 2024 2023 2023 Revenues $ 200.1 $ 240.1 $ 211.1 Operating Income $ 45.2 $ 39.9 $ 49.6 Net Income $ 28.1 $ 20.0 $ 30.7 Adjusted Net Income (1) $ 28.1 $ 20.0 $ 32.7 Adjusted EBITDA (1) $ 75.4 $ 71.4 $ 79.9”
TPG TPG Inc.

TPG Inc. reported first quarter ended March 31, 2024 results: net income GAAP net income attributable to TPG Inc. of $16 million, EPS basic net income per share of Class A common stock of $0.09.

“TPG Reports First Quarter 2024 Results Total assets under management of $224 billion as of March 31, 2024, an increase of 63% compared to $137 billion as of March 31, 2023 GAAP net income attributable to TPG Inc. of $16 million for the first quarter ended March 31, 2024, with basic net income per share of Class A common stock of $0.09 Fee-Related Earnings of $182 million for the first quarter ended March 31, 2024, an increase of 84% year-over-year, resulting in a Fee-Related Earnings margin of 40% After-tax Distributable Earnings of $181 million (or $0.49 per share of Class A common stock) for the first quarter ended March 31, 2024 Dividend of $0.41 per share of Class A common stock for the first quarter ended March 31, 2024 San Francisco and Fort Worth, Texas – May 8, 2024 – TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, reported its unaudited first quarter 2024 results.”
ZimVie Inc.

ZimVie Inc. reported the quarter ended March 31, 2024 results: revenue $118.2 million, net income ($11.5) million, EPS ($0.42). Guidance reaffirmed.

“part of this report. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 ZimVie Reports First Quarter 2024 Financial Results • Third Party Net Sales from Continuing Operations of $118.2 million • Net Loss from Continuing Operations of ($11.5) million; Net Loss margin of (9.7%) • Adjusted EBITDA [1] from Continuing Operations of $12.5 million; Adjusted EBITDA [1] margin”
ONL Orion Properties Inc.

Orion Properties Inc. reported the first quarter ended March 31, 2024 results: revenue $47.2 million, net income $(26.2) million, EPS $(0.47) per share. Guidance reaffirmed.

“quarter to exercise our option to extend the maturity out 18 months from November 2024 to May 2026.” First Quarter 2024 Financial and Operating Highlights • Total revenues of $47.2 million • Net loss attributable to common stockholders of $(26.2) million, or $(0.47) per share • Funds from Operations (“FFO”) of $18.4 million, or $0.33 per share • Core FFO of $20.4”
FLNC Fluence Energy, Inc.

Fluence Energy, Inc. reported the three and six months ended March 31, 2024 results: revenue approximately $623.1 million, net income approximately $12.9 million. Guidance reaffirmed.

“Fluence Energy, Inc. Reports Strong Financial Performance Highlighted By Cash Generation; Reaffirms Fiscal Year 2024 Guidance Ranges ARLINGTON, Va., May 8, 2024 (GLOBE NEWSWIRE) – Fluence Energy, Inc. (Nasdaq: FLNC) (“Fluence” or the “Company”), a leading global provider of energy storage products and services as well as digital applications for renewables and storage, today announced its results for the three and six months ended March 31, 2024. Financial Highlights for Second Fiscal Quarter ended March 31, 2024 • Revenue of approximately $623.1 million, which represents a decrease of approximately 11% from the same quarter last year, primarily driven by timing of product deliveries. • GAAP gross profit margin improved to approximately 10.3%, compared to approximately 4.4% for the same quarter last year. • Adjusted gross profit ma rgin 1 improved to approximately 10.6% , compared to approximately 4.6% for the sam e quarter last year. • Net loss of approximately $12.9 million, improved”
AVBP ArriVent BioPharma, Inc.

ArriVent BioPharma, Inc. reported first quarter ended March 31, 2024 results: net income $17.4 million.

“Net loss was $17.4 million and $12.2 million for the quarters ended March 31, 2024 and 2023, respectively.”
CCSI Consensus Cloud Solutions, Inc.

Consensus Cloud Solutions, Inc. updated its second quarter of 2024 and full year 2024 guidance (reaffirmed).

“Consensus Cloud Solutions, Inc. Reports First Quarter 2024 Results Releases Q2 2024 and Reaffirms Full Year 2024 Guidance”
CCSI Consensus Cloud Solutions, Inc.

Consensus Cloud Solutions, Inc. reported first quarter of 2024 results: EPS $1.37.

“Q1 2024 quarterly revenues decreased by $3.3 million or 3.6% to $88.1 million compared to $91.5 million for Q1 2023.”
NN NEXTNAV INC.

NEXTNAV INC. reported the three months ended March 31, 2024 results: revenue $1.0 million, net income $31.6 million.

“On May 8, 2024 , NextNav Inc. issued a press release announcing its financial results for the three months ended March 31, 2024 . A full text of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.”
AvidXchange Holdings, Inc.

AvidXchange Holdings, Inc. reported the first quarter ended March 31, 2024 results: revenue $105.6 million, net income $(1.0) million.

“a long runway for growth and profits,” said Michael Praeger, Chief Executive Officer & Co-Founder of AvidXchange. First Quarter 2024 Financial Highlights: • Total revenue was $105.6 million, an increase of 21.6% year-over-year, compared with $86.8 million in the first quarter of 2023. • Revenue included interest income of $13.1 million compared with $7.1 million in”
FGI FGI Industries Ltd.

FGI Industries Ltd. reported first quarter ended March 31, 2024 results: revenue $30.8 million, net income ($0.4) million, or ($0.04) per diluted share, EPS ($0.04) per diluted share. Guidance reaffirmed.

“kitchen and bath products , today announced results for the first quarter 2024. ​ FIRST QUARTER 2024 HIGHLIGHTS (As compared to the first quarter of 2023) ​ ▪ Total revenues of $30.8 million, +13.2% y/y ▪ Gross profit of $8.4 million, +16.8% y/y, Gross margin of 27.4%, +90 bps y/y ▪ Net loss attributable to FGI shareholders of ($0.4) million ▪ Adjusted net loss of”
CING Cingulate Inc.

Cingulate Inc. reported for the three months ended March 31, 2024 results: net income Net loss was $3.0 million for the three months ended March 31, 2024, EPS Net loss per share of common stock, basic and diluted $ (0.60 ).

“On May 8, 2024, Cingulate Inc. issued a press release announcing its financial results for the first quarter of 2024 and providing a clinical and business update.”
2seventy bio, Inc.

2seventy bio, Inc. reported the first quarter ended March 31, 2024 results: revenue $12.4 million, net income $52.7 million.

“Total revenues were $12.4 million for the three months ended March 31, 2024, compared to $41.6 million for the three months ended March 31, 2023.”
COOK Traeger, Inc.

Traeger, Inc. reported three months ended March 31, 2024 results: revenue $144.9 million, net income net loss of $4.7 million; net loss of $0.04 per share, EPS $0.04 per diluted share. Guidance reaffirmed.

“of the wood pellet grill, today announced its financial results for the three months ended March 31, 2024. First Quarter FY 24 Highlights • Total revenues decreased 5.4% to $144.9 million , at the higher-end of guidance of $140 million to $145 million • Gross margin of 43.2%, up 700 basis points compared to prior year • Net loss of $4.7 million; net loss of $0.04”
INDP Indaptus Therapeutics, Inc.

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

“On May 8, 2024, Indaptus Therapeutics, Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended March 31, 2024.”
Snap One Holdings Corp.

Snap One Holdings Corp. reported three months ended March 29, 2024 results: revenue $246.1 million, net income $22.9 million.

“● Net sales decreased 2.4% to $246.1 million from $252.0 million in the comparable year-ago period. ● Selling, general, and administrative (SG&A) expenses decreased 3.2% to $90.8 million (36.9% of net sales) from $93.8 million (37.2% of net sales) in the comparable year-ago period. ● Net loss increased $8.4 million to $22.9 million (-9.3% of net sales) compared to net loss of $14.5 million (-5.8% of net sales) in the comparable year-ago period.”
YOU Clear Secure, Inc.

Clear Secure, Inc. reported the quarter ended March 31, 2024 results: revenue $179.0 million, net income $32.1 million, EPS $0.20.

“Revenue of $179.0 million was up 35.3% while Total Bookings of $180.6 million were up 20.6% Operating income of $23.7 million; Adjusted EBITDA of $40.9 million Net Income of $32.1 million, Earnings per Common Share Basic and Diluted of $0.20”
BLND Blend Labs, Inc.

Blend Labs, Inc. updated its second quarter of 2024 guidance (reaffirmed).

“Blend is providing guidance for the second quarter of 2024 as follows: $ in millions Q2 2024 Guidance Blend Platform Segment Revenue $27.0 – $30.0 Title Revenue $10.5 – $11.5 Blend Labs, Inc. Consolidated Revenue $37.5 – $41.5 Non-GAAP Net Operating Loss ($10.5) – ($7.5)”
BLND Blend Labs, Inc.

Blend Labs, Inc. reported first fiscal quarter ended March 31, 2024 results: revenue $34.9 million, net income $0.09, EPS $0.09.

“Total company revenue in 1Q24 was $34.9 million”
Bridge Investment Group Holdings Inc.

Bridge Investment Group Holdings Inc. reported the quarter ended March 31, 2024 results: net income $(36.8) million, EPS $0.24 and $(0.05), respectively.

“Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today reported its financial results for the quarter ended March 31, 2024.”
ZVIA Zevia PBC

Zevia PBC reported first quarter ended March 31, 2024 results: revenue $38.8 million, net income Net loss was $7.2 million, EPS ($0.10) per diluted share.

“beverages across usage occasions today reported results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights • Net sales decreased 10.4% year over year to $38.8 million • Unit volume decreased 10.4% year over year to 3.0 million equivalized cases • Gross profit margin was 45.7%, down 0.8 percentage points year over year but up 5.0 percentage”
PAYO Payoneer Global Inc.

Payoneer Global Inc. updated its first quarter ended March 31, 2024 guidance (raised).

“On May 8, 2024, Payoneer Global Inc. issued a press release announcing its financial results for the fiscal quarter ended March 31, 2024.”
RPC Ridgepost Capital, Inc.

Ridgepost Capital, Inc. reported first quarter ended March 31, 2024 results: revenue $66.1 million, net income $5.2 million, EPS $0.04.

“of any general incorporation language in such filing. --- EX-99.1 (EX-99.1) --- EX-99.1 P10 Reports First Quarter 2024 Earnings Results Generated Record Quarterly Revenue of $66.1 Million, a 15% Annual Increase Increased Quarterly Dividend by 8% DALLAS, May 8, 2024 (GLOBE NEWSWIRE) - P10, Inc. (NYSE: PX) (the “Company”), a leading private markets solutions”
VRNO Verano Holdings Corp.

Verano Holdings Corp. reported the first quarter ended March 31, 2024 results: revenue $221 million, net income $(5) million.

“document filed under the Securities Act of 1933, as amended, or the Exchange Act. --- EX-99.1 (EX-99.1) --- Verano Announces First Quarter 2024 Financial Results Generated $221 Million in Revenue, Exceeding Guidance Increased Gross Profit Margin by Nearly 300 Basis Points Year Over Year CHICAGO, May 8, 2024 (GLOBE NEWSWIRE) – Verano Holdings Corp. (Cboe CA:”
INSTRUCTURE HOLDINGS, INC.

INSTRUCTURE HOLDINGS, INC. reported first quarter ended March 31, 2024 results: revenue $155.5 Million.

“Instructure Reports First Quarter 2024 Financial Results Total Revenue Grows 20.7% Year-over-Year to $155.5 Million”
Verve Therapeutics, Inc.

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

“On May 8, 2024, Verve Therapeutics, Inc. (the “Company”) announced its financial results for the quarter ended March 31, 2024.”
TBLA Taboola.com Ltd.

Taboola.com Ltd. reported the first quarter of 2024 results: revenue $414.0M, net income Net loss of $26.2M, EPS $(0.08). Guidance reaffirmed.

“and Expects Accelerating Growth Across All Key Metrics Q1 2024 and FY 2024 Key Highlights Q1 Financials - beat high end of guidance across all key metrics - Q1 2024 Revenues $414M, Gross profit $109M, ex-TAC Gross Profit $139M, Net loss $26M, Non-GAAP Net Income $4M, Adj. EBITDA $23M, Free Cash Flow $27M - Accelerating YoY growth: Revenues +26%, ex-TAC”
Heliogen, Inc.

Heliogen, Inc. reported first quarter 2024 results: revenue $1.5 million, net income $(15.2) million.

“Heliogen reported total revenue of $1.5 million and a net loss of $(15.2) million.”
PAYCOR HCM, INC.

PAYCOR HCM, INC. reported financial results for third quarter fiscal year 2024, which ended March 31, 2024.

“On May 8, 2024, Paycor HCM, Inc. (the “Company”) issued a press release announcing its financial results for the third quarter ended March 31, 2024.”
SMRT SmartRent, Inc.

SmartRent, Inc. reported full year 2024 results: revenue $260 million to $290 million. Guidance reaffirmed.

“Unchanged - Full-Year 2024 Guidance • Total Revenue in the range of $260 million to $290 million. • Adjusted EBITDA in the range of $5 million to $8 million.”
SMRT SmartRent, Inc.

SmartRent, Inc. reported second quarter of 2024 results: revenue $49 to $55 million. Guidance initiated.

“Second Quarter 2024 Guidance • Total Revenue in the range of $49 to $55 million. • Adjusted EBITDA in the range of $(0.5) million to $0.5 million.”
KVYO Klaviyo, Inc.

Klaviyo, Inc. reported first quarter ended March 31, 2024 results: revenue $210.0 million, net income $(0.05), EPS $(0.05). Guidance reaffirmed.

“Klaviyo Announces First Quarter 2024 Financial Results First quarter revenue of $210.0 million, representing 35% year-over-year growth”
Vizio Holding Corp.

Vizio Holding Corp. reported three months ended March 31, 2024 results: revenue $353.9 million, net income Net loss of $12.1 million.

“VIZIO Holding Corp. (NYSE: VZIO ) today announced the following results for the three months ended March 31, 2024: Financial and operational highlights include the following, compared to Q1'23: • Net revenue of $353.9 million, compared to $356.7 million”
PIII P3 Health Partners Inc.

P3 Health Partners Inc. updated its first quarter ended March 31, 2024 guidance (reaffirmed).

“On May 8, 2024, P3 Health Partners Inc. (the “Company”) announced its financial results for the three months ended March 31, 2024. The full text of the press release issued in connection with the announcement is furnished as Exhibit 99.1 to this Current Report on Form 8-K (the “Report”).”
CTKB Cytek Biosciences, Inc.

Cytek Biosciences, Inc. reported the quarter ended March 31, 2024 results: revenue $44.9 million, net income $6.2 million. Guidance reaffirmed.

“(Nasdaq: CTKB), a leading cell analysis solutions company, today reported financial results for the first quarter ended March 31, 2024. Recent Highlights • Total revenue was $44.9 million, representing a 21% increase over the corresponding period of 2023 • Organic revenue was $37.3 million, representing an increase of 11% compared to the first quarter of 2023 •”
GEG Great Elm Group, Inc.

Great Elm Group, Inc. reported fiscal third quarter ended March 31, 2024 results: revenue $2.8 million, net income ($2.9) million.

“GEG reported total revenue of $2.8 million, a 47% increase from $1.9 million in the prior-year period”
BMBL Bumble Inc.

Bumble Inc. reported first quarter ended March 31, 2024 results: revenue $267.8 million, net income $33.9 million.

“Total Revenue increased 10.2% to $267.8 million, compared to $242.9 million.”
TASK TaskUs, Inc.

TaskUs, Inc. reported first quarter ended March 31, 2024 results: revenue $227.5 million, net income $11.7 million, EPS $0.13. Guidance raised.

“TaskUs Announces Fiscal First Quarter 2024 Results NEW BRAUNFELS, Texas, May 8, 2024 — TaskUs, Inc. (Nasdaq: TASK), a leading provider of outsourced digital services and next-generation customer experience to the world’s most innovative companies, today announced its results for the first quarter ended March 31, 2024. • Total revenues of $227.5 million. • GAAP net income of $11.7 million , GAAP net income margin of 5.1%. • Non-GAAP Adjusted Net Income of $27.3 million , non-GAAP Adjusted Net Income margin of 12.0%. • GAAP diluted EPS of $0.13 , non-GAAP Adjusted EPS of $0.30.”
NRGV Energy Vault Holdings, Inc.

Energy Vault Holdings, Inc. reported first quarter ended March 31, 2024 results: revenue $7.8 million, net income $(21.1) million. Guidance initiated.

“Energy Vault Reports First Quarter 2024 Financial Results Revenue of $7.8 million from recognition of Utility and IPP storage projects, in-line with expectations; Licensing revenue from GESSOL in Southern Africa is expected later in 2024 GAAP Gross margin of 26.7% driven by strong management and execution on US battery projects Cash OpEx of $16.7 million, improved 22% year-over-year and 14% quarter-over-quarter Quarter-end Cash and Cash Equivalents of $136.8 million , within Q1 guidance range of $125 – 150 million WESTLAKE VILLAGE, Calif., May 8th, 2024 – Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or “the Company”), a leader in sustainable, grid-scale energy storage solutions, announced financial results for the first quarter ended March 31, 2024.”
AUR Aurora Innovation, Inc.

Aurora Innovation, Inc. reported financial results for its quarter ended March 31, 2024.

“On May 8, 2024, Aurora Innovation, Inc. (the “Company”) announced its financial results for its quarter ended March 31, 2024.”
IONQ IonQ, Inc.

IonQ, Inc. reported the first quarter ended March 31, 2024 results: revenue $7.6 million, net income Net loss was $39.6 million. Guidance raised.

“set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 IonQ Announces First Quarter 2024 Financial Results First Quarter Results of $7.6 Million in Revenue, Exceeding High End of Guidance Range, Representing 77% Year-Over-Year Growth Sales Pipeline Expanding in Deal Size and Volume with Improving Visibility Bookings”
SRZN Surrozen, Inc./DE

Surrozen, Inc./DE reported the quarter ended March 31, 2024 results: net income $8.8 million.

“Net loss for the first quarter ended March 31, 2024 was $8.8 million, as compared to $14.3 million for the same period in 2023.”
MRVI MARAVAI LIFESCIENCES HOLDINGS, INC.

MARAVAI LIFESCIENCES HOLDINGS, INC. updated its first quarter ended March 31, 2024 guidance (reaffirmed).

“On May 8, 2024, Maravai LifeSciences Holdings, Inc. issued a press release announcing its financial results for the first quarter of 2024.”
JXN Jackson Financial Inc.

Jackson Financial Inc. reported first quarter ended March 31, 2024 results: net income $784 million, or $9.94 per diluted share.

“Jackson Financial Inc. (NYSE: JXN) (Jackson®) today announced its financial results for the first quarter ended March 31, 2024.”
HLLY Holley Inc.

Holley Inc. reported first quarter ended March 31, 2024 results: revenue $158.6 million, net income $3.7 million, EPS $0.03 per diluted share. Guidance reaffirmed.

“HOLLEY REPORTS FIRST QUARTER 2024 RESULTS; CONTINUES ORGANIZATIONAL TRANSFORMATION WITH KEY EXECUTIVE APPOINTMENTS TO DRIVE ORGANIC GROWTH Delivered first quarter net sales of $158.6 million Paid down $15 million of debt and improved free cash flow generation by $15m, year-over year Reiterates full year 2024 outlook and provides Q2 outlook BOWLING GREEN, Ky. – May 8,”
CLNN Clene Inc.

Clene Inc. reported first quarter 2024 results: net income net loss of $11.1 million, EPS $0.09 per share.

“Clene reported a net loss of $11.1 million , or $0.09 per share, for the quarter ended March 31, 2024”
DCGO DocGo Inc.

DocGo Inc. reported the quarter ended March 31, 2024 results: revenue $192.1 million, net income $10.6 million. Guidance lowered.

“today announced financial and operating results for the quarter ended March 31, 2024. First Quarter 2024 Financial Highlights • Total revenue for the first quarter of 2024 was $192.1 million, compared to $113.0 million in the first quarter of 2023, an increase of 70%. • Gross margin for the first quarter of 2024 was 35.0%, compared to the gross margin in the first”
ContextLogic Inc.

ContextLogic Inc. reported the quarter ended March 31, 2024 results: revenue $36 million, net income $59 million, EPS $2.43.

“First-Quarter 2024 Financial Highlights • Revenues : Revenues were $36 million, a decrease of 63% YoY o Core Marketplace revenues were $11 million, down 61% YoY o Product Boost revenues were $3 million, down 63% YoY o Logistics revenues were $22 million, down 63% YoY • Net Loss : Net Loss was $59 million, compared to a net loss of $89 million in the first quarter of fiscal 2023 o Net Loss per share was $2.43, compared to a loss of $3.83 per share in the first quarter of fiscal 2023”
LESL Leslie's, Inc.

Leslie's, Inc. reported second quarter ended March 30, 2024 results: revenue $188.7 million, net income Net Loss of $34.6 million, EPS $(0.19). Guidance reaffirmed.

“Leslie’s, Inc. Announces Second Quarter Fiscal 2024 Financial Results • Sales of $188.7 million • Net Loss of $34.6 million • Adjusted EBITDA of $(19.3) million • Diluted earnings per share of $(0.19); Adjusted diluted earnings per share of $(0.17) • Company reaffirms fiscal 2024 outlook”
AFRM Affirm Holdings, Inc.

Affirm Holdings, Inc. reported financial results for third fiscal quarter ended March 31, 2024.

“On May 8, 2024, the Company issued a Shareholder Letter (the “Letter”) regarding its financial results for the third fiscal 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.