secwatch / observer

Earnings Releases

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

8-K items 2.02 JSON
RGNX REGENXBIO Inc.

REGENXBIO Inc. reported the first quarter ending March 31, 2024 results: revenue $15.6 million.

“and pre-funded warrants completed in March 2024, and was partially offset by cash used to fund operating activities during the first quarter of 2024. Revenues: Revenues were $15.6 million for the three months ended March 31, 2024, compared to $19.1 million for the three months ended March 31, 2023. The decrease was primarily attributable to non-recurring”
VRDN Viridian Therapeutics, Inc.\DE

Viridian Therapeutics, Inc.\DE reported first quarter ended March 31, 2024 results: net income $48.5 million.

“The company’s net loss was $48.5 million for the first quarter ended March 31, 2024”
BLBD Blue Bird Corp

Blue Bird Corp reported fiscal 2024 second quarter results: revenue $345.9 million, net income $26.0 million, EPS $0.79. Guidance raised.

“remains very strong with just over 5,900 units in our order backlog. Unit sales in the quarter were down slightly from a year ago, however we grew revenue by 15%, to a record $346 million in a quarter. Adjusted EBITDA was an all-time second quarter record of $46 million, reflecting a 13% margin; that’s an outstanding increase of $25 million over last year. In”
VFF Village Farms International, Inc.

Village Farms International, Inc. reported first quarter ended March 31, 2024 results: revenue Consolidated sales increased 21% year-over-year to $78.1 million from $64.7 million, net income Consolidated net loss improved to ($2.9 million), or ($0.03) per share from ($6.6 million), or ($0.06) per share, EPS ($0.03) per share.

“set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Village Farms International Reports Strong Q1/24 Results • Total Sales Grow 21%, Net Loss Per Share Improves to ($0.03), Adjusted EBITDA Increases Six-Fold to $3.6 Million • Canadian Cannabis Retail Net Sales Grow 28% Organically Year-Over-Year, with”
MMI Marcus & Millichap, Inc.

Marcus & Millichap, Inc. reported first quarter ended March 31, 2024 results: revenue $129.1 million, net income Net loss of $10.0 million, EPS $0.26 per common share, diluted.

“Marcus & Millichap, Inc. (the “Company”, “Marcus & Millichap”, or “MMI”) (NYSE: MMI), a leading national real estate services firm specializing in commercial real estate investment sales, financing, research and advisory services, reported its first quarter results today. First Quarter 2024 Highlights Compared to First Quarter 2023 • Total revenue of $129.1 million, compared to $154.8 million •”
CART Maplebear Inc.

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

“On May 8, 2024, Maplebear Inc. (the “ Company ”) issued a Shareholder Letter (the “ Letter ”) announcing its financial results for the first quarter ended March 31, 2024.”
Premier, Inc.

Premier, Inc. reported the fiscal-year 2024 third quarter ended March 31, 2024 results: revenue Total net revenue of $342.6 million, net income GAAP net loss of $49.2 million, or $(0.36) per fully diluted share. Guidance reaffirmed.

“healthcare improvement company, today reported financial results for the fiscal-year 2024 third quarter ended March 31, 2024. Third-quarter results: • Total net revenue of $342.6 million; growth of 6% over the prior-year period • GAAP net loss of $49.2 million, or $(0.36) per fully diluted share, which includes a $140.1 million goodwill, intangible and other”
BHR Braemar Hotels & Resorts Inc.

Braemar Hotels & Resorts Inc. reported financial results for the first quarter ended March 31, 2024.

“On May 8, 2024, Braemar Hotels & Resorts Inc. (the “Company”) issued a press release announcing its financial results for the first quarter ended March 31, 2024.”
Logan Ridge Finance Corp.

Logan Ridge Finance Corp. reported first quarter ended March 31, 2024 results: revenue $5.0 million, net income $0.9 million, EPS $0.35 per share.

“opportunities that we see throughout the market.” 1 Selected Financial Information • Total investment income for the quarter ended March 31, 2024, decreased by $0.3 million, to $5.0 million, compared to $5.3 million for the first quarter of 2023. • Total operating expenses for the quarter ended March 31, 2024, decreased by $0.1 million, to $4.1 million, compared to”
PRKS United Parks & Resorts Inc.

United Parks & Resorts Inc. reported first quarter of 2024 results: revenue $297.4 million, net income Net loss of $11.2 million.

“United Parks & Resorts Inc. Reports First Quarter 2024 Results ORLANDO, FL, May 8 , 2024 - United Parks & Resorts Inc. (NYSE: PRKS), a leading theme park and entertainment company, today reported its financial results for the first quarter of 2024. First Quarter 2024 Highlights • Attendance was 3.5 million guests, an increase of approximately 72,000 guests or 2.1% from the first quarter of 2023. • Total revenue was a record $297.4 million, an increase of $4.1 million or 1.4% from the first quarter of 2023. • Net loss was $11.2 million, the second smallest net loss in the first quarter and an improvement of $5.3 million from the first quarter of 2023.”
SILA Sila Realty Trust, Inc.

Sila Realty Trust, Inc. reported quarter ended March 31, 2024 results: revenue $50.6 million, net income $15.0 million.

“adjusted to reflect the one-for-four reverse stock split which occurred on May 1, 2024. Highlights of the Quarter Ended March 31, 2024 vs. March 31, 2023 • Rental revenue was $50.6 million, an increase of 2%. • Net income attributable to common stockholders was $15.0 million, an increase of 5%. • Funds from operations, or FFO*, was $33.8 million, an increase of 2%.”
FWONA Liberty Media Corp

Liberty Media Corp updated its first quarter 2024 guidance (reaffirmed).

“On May 8, 2024, Liberty Media Corporation (the “Company”) issued a press release (the “Earnings Release”) setting forth information, including financial information, which is intended to supplement the financial statements and related Management's Discussion and Analysis of Financial Condition and Results of Operations contained in the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2024, filed with the Securities and Exchange Commission (the “SEC”) on May 8, 2024.”
NWSA NEWS CORP

NEWS CORP reported third quarter ended March 31, 2024 results: revenue $2.42 billion, net income $42 million, EPS $0.05.

“--- EX-99.1 (EX-99.1) --- NEWS CORPORATION REPORTS THIRD QUARTER RESULTS FOR FISCAL 2024 FISCAL 2024 THIRD QUARTER KEY FINANCIAL HIGHLIGHTS • Third quarter revenues were $2.42 billion, a 1% decrease compared to $2.45 billion in the prior year, reflecting a $21 million, or 1%, negative impact from foreign currency fluctuations. Adjusted Revenues were flat”
COMP Compass, Inc.

Compass, Inc. reported the first quarter ended March 31, 2024 results: revenue $1.05 billion, net income $132.9 million.

“Q1 2024 was $211.2 million, an improvement of $32.1 million from Q1 2023 OPEX of $243.3 million.” Q1 2024 Highlights: • Revenue in Q1 2024 increased by 10% year-over-year to $ 1.05 billion as transactions increased 7.1%, while transactions declined by 3.5% for the entire residential real estate market in the first quarter, as reported by the National Association of”
DUOL Duolingo, Inc.

Duolingo, Inc. reported the first quarter ended March 31, 2024 results: revenue $167.6 million, net income $27.0 million. Guidance raised.

“million, an increase of 54% from the prior year quarter and monthly active users (MAUs) were 97.6 million, an increase of 35% from the prior year quarter; • Total revenues were $167.6 million, an increase of 45% from the prior year quarter; • Net income was $27.0 million, compared to a net loss of $2.6 million in the prior year quarter; • Adjusted EBITDA was $44.0”
ECOR electroCore, Inc.

electroCore, Inc. reported the quarter ended March 31, 2024 results: revenue $5.443 million, net income $3.5 million, EPS $0.53 per share.

“On May 8, 2024 , electroCore, Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended March 31, 2024 .”
ABNB Airbnb, Inc.

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

“On May 8, 2024, Airbnb, Inc. (the "Company") issued a Shareholder Letter (the "Letter") announcing its financial results for the first quarter ended March 31, 2024.”
PRTA PROTHENA CORP PUBLIC LTD CO

PROTHENA CORP PUBLIC LTD CO reported financial results for first quarter ended March 31, 2024.

“On May 8, 2024, Prothena Corporation plc issued a press release announcing its financial results for the first quarter ended March 31, 2024.”
SUN Sunoco LP

Sunoco LP reported the quarter ended March 31, 2024 results: net income $230 million. Guidance raised.

“Net income for the first quarter of 2024 was $230 million compared to net income of $141 million in the first quarter of 2023.”
WHF WhiteHorse Finance, Inc.

WhiteHorse Finance, Inc. reported first quarter ended March 31, 2024 results: revenue $25,475, net income $10,815, EPS $0.465.

“​ ​ ​ ​ Three Months Ended ​ ​ Three Months Ended ​ ​ Change ($ in thousands except per share data) ​ ​ March 31, 2024 ​ ​ December 31, 2023 ​ ​ $ ​ % Total investment income ​ $ 25,475 ​ $ 25,633 ​ ​ (158.0) ​ (0.6) Total expenses, including excise tax ​ ​ 14,660 ​ ​ 15,029 ​ ​ (369) ​ (2.5) Net investment income and core net investment income (1) ​ ​ 10,815 ​ ​”
UBER Uber Technologies, Inc

Uber Technologies, Inc reported first quarter ended March 31, 2024 results: revenue $10.1 billion, net income Net loss attributable to Uber Technologies, Inc. was $654 million, which includes a $721 million net headwind (pre-tax). Guidance reaffirmed.

“(+18% YoY or +17% YoY constant currency). Trips during the quarter grew 21% YoY to 2.6 billion, or approximately 28 million trips per day on average. • Revenue grew 15% YoY to $10.1 billion, or 15% on a constant currency basis. Combined Mobility and Delivery revenue grew 19% YoY to $8.8 billion, or 19% on a constant currency basis. Business model changes negatively”
SERA SERA PROGNOSTICS, INC.

SERA PROGNOSTICS, INC. reported first quarter ended March 31, 2024 results: revenue nil, net income $8.1 million loss.

“First quarter 2024 revenue before adjustments was $39,000 compared to $100,000 for the same period of 2023, but net revenue was nil after our periodic review of accounting estimates for older tests.”
AMPY Amplify Energy Corp.

Amplify Energy Corp. updated its 2024 guidance (raised).

“Based on better-than-expected first quarter results and higher forecasted crude oil prices for the remainder of 2024, the Company is increasing its 2024 guidance”
AMPY Amplify Energy Corp.

Amplify Energy Corp. reported first quarter of 2024 results: net income net loss of approximately $9.4 million. Guidance raised.

“the Company reported a net loss of approximately $9.4 million compared to net income of $43.6 million in the prior quarter. The decrease was primarily attributable to non-cash unrealized losses on commodity derivatives during the period. Due to stronger crude oil prices and reduced downtime at Beta, Amplify generated $24.9 million of Adjusted EBITDA for the first quarter. As projected, capital investment in the first quarter increased significantly compared to the prior quarter. Despite this increase, Amplify generated net cash provided by operating activities of $7.7 million and $2.3 million of free cash flow in the first quarter of 2024, which exceeded internal projections. Amplify has now generated positive free cash flow in 15 of the last 16 fiscal quarters.”
NV5 Global, Inc.

NV5 Global, Inc. reported the first quarter ended March 30, 2024 results: revenue $213.3 million, net income $0.4 million, EPS $0.03 per share. Guidance raised.

“Gross revenues grew 16% to $213.3 million this quarter and gross profit increased 18% to $112.8 million.”
Paragon 28, Inc.

Paragon 28, Inc. reported the quarter ended March 31, 2024 results: revenue $61.1 million, net income $15.2 million. Guidance reaffirmed.

“ended March 31, 2024, and reaffirmed its 2024 net revenue guidance. First Quarter 2024 Financial Results • Consolidated net revenue for the first quarter of 2024 was a record $61.1 million, representing 17.4% reported and constant currency growth over the first quarter of 2023. Foreign currency impact on first quarter 2024 reported net revenue growth was not”
HNST Honest Company, Inc.

Honest Company, Inc. updated its first quarter ended March 31, 2024 guidance (reaffirmed).

“On May 8, 2024 , The Honest Company, Inc. (the “Company”) issued a press release announcing its financial results for the first quarter ended March 31, 2024.”
NPCE NeuroPace Inc

NeuroPace Inc reported the first quarter ended March 31, 2024 results: revenue $18.1 million, net income Net loss was $8.9 million. Guidance reaffirmed.

“by specific reference in such filing. --- EX-99.1 (EX-99.1) --- NeuroPace Reports First Quarter 2024 Financial Results and Provides Corporate Update Revenue increased to $18.1 million in Q1 2024, a 25% increase over Q1 2023 Extended the maturity date of the Company's term loan by one year to September 30, 2026 Maintained full-year 2024 revenue guidance of $73”
PSNL Personalis, Inc.

Personalis, Inc. reported first quarter of 2024 ended March 31, 2024 results: revenue total company revenue of $19.5 million, net income Net loss of $13.0 million. Guidance raised.

“delivered in Q1, reflecting 100% engagement of NeXT Personal Dx early access clients and strong NeXT Dx growth. “We began 2024 with strong execution as we delivered revenue of $19.5 million in the first quarter, exceeding the upper-end of our guidance range, and we continue to develop compelling NeXT Personal clinical evidence as we work towards obtaining Medicare”
GNE Genie Energy Ltd.

Genie Energy Ltd. reported the quarter ended March 31, 2024 results: revenue $119.7 million, net income $8.1 million, EPS $0.30.

“in the press release. --- EX-99.1 (EXHIBIT 99.1) --- EX-99.1 7 ex991_1.htm EXHIBIT 99.1 Exhibit 99.1 Genie Energy A nn ounces First Quarter 2024 Results Revenue increased to $119.7 Million and Gross Profit Climbed to $33.8 Million - Both Record First Quarter Levels Income from Operations of $9.8 million, Adjusted EBITDA 1 of $11.7 Million and Earnings per Diluted”
Vital Energy, Inc.

Vital Energy, Inc. reported the quarter ended March 31, 2024 results: net income $66.1 million.

“First-Quarter 2024 Highlights • Execution of business plan and successful integration of acquired properties drove record production and higher-than-expected cash flows • Reported 1Q-24 net loss of $66.1 million, Adjusted Net Income 1 of $68.1 million and cash flows from operating activities of $158.6 million • Generated 1Q-24 Consolidated EBITDAX 1 of $301.3 million and Adjusted Free Cash Flow 1 of $43.3 million • Reported record 1Q-24 total and oil production that exceeded the high-end of guidance, producing 124.7 thousand barrels of oil equivalent per day ("MBOE/d") and 58.5 thousand barrels of oil per day ("MBO/d"), respectively • Production outperformance attributed to a 20-well package of long-lateral wells in W.”
TRIP TripAdvisor, Inc.

TripAdvisor, Inc. reported first quarter ended March 31, 2024 results: revenue $395 million, net income Net loss of $59 million, or $0.43 loss per share.

“Tripadvisor, Inc. (Nasdaq: TRIP) (“Tripadvisor” or the “Company”) today announced financial results for the first quarter ended March 31, 2024. • Revenue of $395 million, reflecting year-over-year growth of 6%. • Net loss of $59 million, or $0.43 loss per share, which includes the net impact of $42 million in incremental income tax expense, a result of a previously communicated IRS audit settlement.”
VTOL Bristow Group Inc.

Bristow Group Inc. reported first quarter 2024 results: revenue $337.1 million, net income $6.6 million, or $0.23 per diluted share, EPS $0.23 per diluted share. Guidance reaffirmed.

“--- EX-99.1 (EX-99.1) --- PRESS RELEASE BRISTOW GROUP REPORTS FIRST QUARTER 2024 RESULTS AND ISSUES NEW FINANCIAL OUTLOOK Houston, Texas May 7, 2024 • Total revenues of $337.1 million in Q1 2024 compared to $337.9 million in Q4 2023 • Net income of $6.6 million, or $0.23 per diluted share, in Q1 2024 compared to net loss of $7.9 million, or $0.28 per diluted”
MRMD MARIMED INC.

MARIMED INC. reported the first quarter ended March 31, 2024 results: revenue $ 37.9, net income $ (1.3).

“1 The following table summarizes the Company's consolidated financial highlights (in millions, except percentage amounts): Three months ended March 31, 2024 2023 Revenue $ 37.9 $ 34.4 GAAP Gross margin 43 % 45 % Non-GAAP Gross margin 44 % 46 % GAAP Net loss $ (1.3) $ (0.7) Non-GAAP Net (loss) income $ (0.6) $ 0.3 Non-GAAP Adjusted EBITDA $ 4.7 $ 7.1”
TSEOF Trinseo PLC

Trinseo PLC reported financial results for the first quarter ended March 31, 2024.

“On May 8, 2024, Trinseo PLC, a public limited company existing under the laws of Ireland (the "Company"), issued a press release announcing its financial results for the first quarter ended March 31, 2024.”
ARQ Arq, Inc.

Arq, Inc. reported the quarter ended March 31, 2024 results: revenue $21.7 million, net income Net loss of $3.4 million.

“Generated revenue of $21.7 million in Q1 2024”
MONROE CAPITAL Corp

MONROE CAPITAL Corp reported the first quarter ended March 31, 2024 results: net income $5.5 million, or $0.25 per share.

“Monroe Capital Corporation BDC Announces First Quarter 2024 Results”
SSSS SURO CAPITAL CORP.

SURO CAPITAL CORP. reported financial results for the quarter ended March 31, 2024.

“On May 8, 2024, SuRo Capital Corp. (the “Company”) issued a press release announcing its financial results for the fiscal quarter ended March 31, 2024 (the “Press Release”).”
PFLT PennantPark Floating Rate Capital Ltd.

PennantPark Floating Rate Capital Ltd. reported second quarter ended March 31, 2024 results: net income $19.1, EPS $0.31.

“On May 8, 2024, PennantPark Floating Rate Capital Ltd., or the Company, issued a press release announcing its financial results for the second fiscal quarter ended March 31, 2024.”
KPTI Karyopharm Therapeutics Inc.

Karyopharm Therapeutics Inc. reported the quarter ended March 31, 2024 results: revenue $33.1 million. Guidance reaffirmed.

“Readouts and Potential Approvals from the Company’s Three Phase 3 Trials, Strengthening the Company for its Next Stage of Growth – – Achieves First Quarter 2024 Total Revenue of $33.1 Million and U.S. XPOVIO ® (selinexor) Net Product Revenue of $26.0 Million – – Reaffirms Full Year 2024 Total Revenue Guidance of $140.0 Million to $160.0 Million, Including U.S. XPOVIO”
CTMX CytomX Therapeutics, Inc.

CytomX Therapeutics, Inc. reported financial results for first quarter 2024.

“On May 8, 2024, CytomX Therapeutics, Inc., a Delaware corporation (the “Company”) issued a press release reporting its unaudited financial results as of and for the three months ended March 31, 2024.”
SBRA Sabra Health Care REIT, Inc.

Sabra Health Care REIT, Inc. updated its the three month period ended March 31, 2024 guidance (reaffirmed).

“On May 8, 2024, Sabra Health Care REIT, Inc. (“Sabra”) issued a press release reporting its results of operations for the three month period ended March 31, 2024.”
IGM Biosciences, Inc.

IGM Biosciences, Inc. reported the fiscal quarter ended March 31, 2024 results: net income $49.8 million, or a loss of $0.83 per share, EPS $0.83 per share.

“For the first quarter of 2024, net loss was $49.8 million, or a loss of $0.83 per share, compared to a net loss of $59.3 million, or a loss of $1.33 per share, for the first quarter of 2023.”
OM Outset Medical, Inc.

Outset Medical, Inc. reported full year 2024 results: revenue $145 million to $153 million. Guidance reaffirmed.

“Outset reaffirmed its previously provided guidance for 2024 including revenue of $145 million to $153 million, growing 12% to 18% over 2023, and non-GAAP gross margin in the low-30% range for the full year 2024, exiting the year in the mid-30% range for the fourth quarter.”
OM Outset Medical, Inc.

Outset Medical, Inc. reported first quarter ended March 31, 2024 results: net income $(39.9) million, EPS $(0.78) per share.

“Revenue for the first quarter of 2024 was $28.2 million compared to $33.5 million in the first quarter of 2023”
GBLI Global Indemnity Group, LLC

Global Indemnity Group, LLC reported the three months ended March 31, 2024 results: net income $11.3 million, EPS $0.82.

“Global Indemnity Group, LLC Reports First Quarter 2024 Results Wilmington, Del., (May 8, 2024) – Global Indemnity Group, LLC (NYSE:GBLI) (the “Company”) today reported net income available to shareholders of $11.3 million for the three months ended March 31, 2024 compared to $2.4 million for the same period in 2023.”
RUN Sunrun Inc.

Sunrun Inc. updated its the quarter ended March 31, 2024 guidance (reaffirmed).

“Sunrun (Nasdaq: RUN), the nation’s leading provider of clean energy as a subscription service, today announced financial results for the quarter ended March 31, 2024.”
BLZE Backblaze, Inc.

Backblaze, Inc. reported first quarter ended March 31, 2024 results: revenue $30.0 million, net income $11.1 million, EPS $0.27. Guidance initiated.

“First Quarter 2024 Financial Highlights: • Revenue of $30.0 million, an increase of 28% year-over-year (YoY). • B2 Cloud Storage revenue was $14.6 million, an increase of 47% YoY. • Computer Backup revenue was $15.3 million, an increase of 14% YoY. ◦ Gross profit of $15.8 million, or 53% of revenue, compared to $11.0 million or 47% of revenue, in Q1 2023. • Adjusted gross profit of $23.0 million, or 77% of revenue, compared to $17.0 million or 72% of revenue in Q1 2023. • Net loss was $11.1 million compared to a net loss of $17.1 million in Q1 2023. • Net loss per share was $0.27 compared to a net loss per share of $0.50 in Q1 2023.”
STWD STARWOOD PROPERTY TRUST, INC.

STARWOOD PROPERTY TRUST, INC. reported the fiscal quarter ended March 31, 2024 results: net income $154.3 million, EPS $0.48.

“Starwood Property Trust, Inc. (NYSE: STWD) today announced operating results for the fiscal quarter ended March 31, 2024. The Company’s first quarter 2024 GAAP net income was $154.3 million”
RNAC Cartesian Therapeutics, Inc.

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

“On May 8, 2024, Cartesian Therapeutics, Inc. (the “Company”) announced its financial results for the 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.