secwatch / observer

Earnings Releases

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

8-K items 2.02 JSON
MCHX MARCHEX INC

MARCHEX INC reported first quarter ended March 31, 2024 results: EPS adjusted non-GAAP loss per share for the first quarter of 2024 was ($0.02).

“GAAP revenue was $11.6 million for the first quarter of 2024, compared to $12.2 million for the first quarter of 2023.”
QVCDQ QVC INC

QVC INC reported financial results for the quarter ended March 31, 2024.

“On May 8, 2024, Qurate Retail, Inc. ("Qurate Retail"), the parent company of QVC, Inc. ("QVC"), issued a press 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 Qurate Retail's Quarterly Report on Form 10-Q for the quarter ended March 31, 2024”
POTBELLY CORP

POTBELLY CORP reported first fiscal quarter ended March 31, 2024 results: revenue $111.2 million.

“Total revenues decreased by 6.0% to $111.2 million compared to $118.3 million”
CPAY CORPAY, INC.

CORPAY, INC. reported fiscal year 2024 results: revenue between $3,960 million and $4,040 million, net income between $1,075 million and $1,115 million, EPS between $15.00 and $15.40. Guidance reaffirmed.

“Corpay, Inc. updated financial guidance 1 is as follows: • Total revenues between $3,960 million and $4,040 million; • Net income between $1,075 million and $1,115 million; • Net income per diluted share between $15.00 and $15.40;”
CPAY CORPAY, INC.

CORPAY, INC. reported first quarter ended March 31, 2024 results: revenue $935.3 million, net income $229.8 million, EPS $3.12 per diluted share.

“with meaningful revenue and profit synergies. This deal is right in our wheelhouse.” Financial Results for First Quarter of 2024: GAAP Results • Revenues increased 4% to $935.3 million in the first quarter of 2024, compared with $901.3 million in the first quarter of 2023, which included $31 million of revenue from our sold Russia business. • Net income”
SAFT SAFETY INSURANCE GROUP INC

SAFETY INSURANCE GROUP INC reported first quarter 2024 results: net income $20.1 million, or $1.36 per diluted share.

“Safety Insurance Group, Inc. (NASDAQ:SAFT) (“the Company” or “Safety”) today reported first quarter 2024 results.”
LAB STANDARD BIOTOOLS INC.

STANDARD BIOTOOLS INC. reported the three months ended March 31, 2024 results: revenue $45.5 million, net income $(32.2) million. Guidance reaffirmed.

“On May 8, 2024, Standard BioTools Inc. issued a press release which included information with respect to certain financial results for the three months ended March 31, 2024.”
HNNA HENNESSY ADVISORS INC

HENNESSY ADVISORS INC reported its second fiscal quarter of 2024, which ended March 31, 2024 results: revenue $6,939,977, net income $1,539,823, EPS $0.20.

“of 36%. ● Cash and cash equivalents, net of gross debt, of $19.3 million, an increase of 10%. Three Months Ended March 31, Change 2024 2023 Dollar Percent Total Revenue $ 6,939,977 $ 5,915,644 $ 1,024,333 17.3 % Net Income 1,539,823 1,194,430 345,393 28.9 % Earnings Per Share (Diluted) 0.20 0.16 0.04 25.0 % Weighted Average Number of Shares Outstanding”
MGEE MGE ENERGY INC

MGE ENERGY INC reported first quarter of 2024 results: revenue $191,336, net income $33,814, EPS $0.93.

“flat compared to the first quarter of 2023. MGE Energy, Inc. (In thousands, except per-share amounts) (Unaudited) Three Months Ended March 31, 2024 2023 Operating revenues $ 191,336 $ 217,253 Operating income $ 40,745 $ 40,034 Net income $ 33,814 $ 31,078 Earnings per share - basic $ 0.93 $ 0.86 Earnings per share - diluted $ 0.93 $ 0.86 Weighted average”
BKH BLACK HILLS CORP /SD/

BLACK HILLS CORP /SD/ reported first quarter of 2024 results: net income $127.9, EPS $1.87. Guidance reaffirmed.

“On May 8, 2024, Black Hills Corporation ("the Company") issued a press release announcing financial results for the first quarter of 2024.”
EXACT SCIENCES CORP

EXACT SCIENCES CORP reported financial results for the quarter ended March 31, 2024.

“On May 8, 2024, Exact Sciences Corporation (the "Company") announced its financial results for the quarter ended March 31, 2024.”
QNST QUINSTREET, INC

QUINSTREET, INC reported third quarter ended March 31, 2024 results: revenue $168.6 million, net income $(7.0) million, or $(0.13) per diluted share.

“and home services industries, today announced financial results for the fiscal third quarter ended March 31, 2024. For the fiscal third quarter, the Company reported revenue of $168.6 million. GAAP net loss for the fiscal third quarter was $(7.0) million, or $(0.13) per diluted share. Adjusted net income for the fiscal third quarter was $3.4 million, or $0.06 per”
NI NISOURCE INC.

NISOURCE INC. updated its 2023-2028 period guidance (reaffirmed).

“Reaffirming 2023-2028 annual non-GAAP adjusted EPS growth of 6-8%”
NI NISOURCE INC.

NISOURCE INC. reported annual 2024 results: EPS $1.70-1.74. Guidance reaffirmed.

“NiSource is reaffirming 2024 adjusted EPS guidance of $1.70-1.74”
NI NISOURCE INC.

NISOURCE INC. reported for the three months ended March 31, 2024 results: net income $382.8 million, EPS $0.85.

“NiSource Inc. (NYSE: NI) today announced, on a GAAP basis, net income available to common shareholders for the three months ended March 31, 2024, of $344.3 million, or $0.77 of earnings per diluted share”
OSUR ORASURE TECHNOLOGIES INC

ORASURE TECHNOLOGIES INC reported financial results for quarter ended March 31, 2024.

“On May 8, 2024, OraSure Technologies, Inc. (the “Company”) issued a press release announcing its consolidated financial results for the quarter ended March 31, 2024 and certain other matters.”
WWW WOLVERINE WORLD WIDE INC /DE/

WOLVERINE WORLD WIDE INC /DE/ reported Full year 2024 results: revenue Revenue from our ongoing business is now expected to be approximately $1.68 billion to $1.73 billion, EPS diluted earnings per share are expected to be between $0.43 and $0.63. Guidance reaffirmed.

“by the progress we have made in such a short time frame.” Full year 2024 outlook is as follows: • Revenue from our ongoing business is now expected to be approximately $1.68 billion to $1.73 billion, which is adjusted for the new licensing model recently announced on May 1 for our Merrell and Saucony kids business. This range represents a decline compared to”
WWW WOLVERINE WORLD WIDE INC /DE/

WOLVERINE WORLD WIDE INC /DE/ reported first quarter ended March 30, 2024 results: revenue Total Revenue $394.9, EPS Diluted Earnings Per Share ($0.19).

“Change Reported Segment Revenue Results: Active Group $289.8 $385.9 (24.9)% (25.6)% Work Group $90.1 $114.5 (21.3)% (21.7)% Other $15.0 $99.0 (84.8)% (84.8)% Total Revenue $394.9 $599.4 (34.1)% (34.6)% Ongoing Total Revenue $390.8 $517.5 (24.5)% (25.1)% Supplemental Revenue Information Merrell $133.0 $180.3 (26.2)% (26.6)% Saucony $100.1 $132.6 (24.5)%”
LPSN LIVEPERSON INC

LIVEPERSON INC reported the first quarter ended March 31, 2024 results: revenue $85.1 million, net income $35.6 million or $0.40 per share, EPS $0.40 per share.

“LivePerson Announces First Quarter 2024 Financial Results - Total Revenue of $85.1M, above the high-end of our guidance range -- -- Adjusted EBITDA above the midpoint of our guidance range -- NEW YORK, May 8, 2024 -- LivePerson, Inc. (NASDAQ: LPSN) (“LivePerson” the “Company”, “we” or “us”), the enterprise leader in digital customer conversations, today announced financial results for the first quarter ended March 31, 2024. First Quarter Highlights Total revenue was $85.1 million for the first quarter of 2024, a decrease of 20.9%, as compared to the same period last year driven by customer churn and the exit of non-core business lines. LivePerson signed 40 deals in total for the first quarter, consisting of 12 new and 28 existing customers. Trailing-twelve-months average revenue per enterprise and mid-market customer increased 11.6% in the first quarter to $625,000, up from approximately $560,000 in the comparable prior-year period. ARPC is calculated using only B2B Core recurring reve”
EQIX EQUINIX INC

EQUINIX INC reported first quarter ended March 31, 2024 results: revenue $2.1 billion.

“Quarterly revenues increased 6% over the same quarter last year to $2.1 billion”
BBGI BEASLEY BROADCAST GROUP INC

BEASLEY BROADCAST GROUP INC reported the three-month period ended March 31, 2024 results: revenue $54.4 million, net income $0.00 per diluted share.

“Chief Executive Officer JCIR Beasley Broadcast Group, Inc. 212/835-8500 or bbgi@jcir.com 239/263-5000 or ir@bbgi.com BEASLEY BROADCAST GROUP REPORTS FIRST QUARTER REVENUE OF $54.4 MILLION NAPLES, Florida, May 8, 2024 – Beasley Broadcast Group, Inc. (Nasdaq: BBGI) (“Beasley” or the “Company”), a multi-platform media company, today announced operating results for”
EPC EDGEWELL PERSONAL CARE Co

EDGEWELL PERSONAL CARE Co reported second fiscal quarter 2024 ended March 31, 2024 results: revenue $599.4 million, EPS $0.72.

“- May 8, 2024 - Edgewell Personal Care Company (NYSE: EPC) today announced results for its second fiscal quarter 2024 ended March 31, 2024. Executive Summary • Net sales were $599.4 million, an increase of 0.2% compared to the prior year quarter. • Organic net sales increased 0.1% (Organic basis excludes the impact from currency movements.) • GAAP Diluted Net”
INVA Innoviva, Inc.

Innoviva, Inc. reported first quarter ended March 31, 2024 results: net income $36.5 million, or $0.58 basic per share.

“Innoviva, Inc. (the “Company”) issued a press release regarding its results of operations and financial condition for the quarter ended March 31, 2024.”
KFS KINGSWAY FINANCIAL SERVICES INC

KINGSWAY FINANCIAL SERVICES INC reported three months ended March 31, 2024 results: revenue $26.2 million.

“Kingsway Financial Services Inc. ("Kingsway" or the "Company") today announced its operating results for the three months ended March 31, 2024. First Quarter 2024 Consolidated Financial Highlights ● Consolidated revenue decreased 0.9% to $26.2 million for the three months ended March 31, 2024, compared to $26.4 million in the prior year period”
ECPG ENCORE CAPITAL GROUP INC

ENCORE CAPITAL GROUP INC reported the quarter ended March 31, 2024 results: revenue $ 328,386, net income $ 23,239, EPS $ 0.95. Guidance reaffirmed.

“2024 2023 Change Portfolio purchases (1) $ 295,714 $ 276,431 7% Estimated Remaining Collections (ERC) $ 8,307,294 $ 7,789,980 7% Collections $ 510,887 $ 462,356 10% Revenues $ 328,386 $ 312,630 5% Operating expenses $ 244,795 $ 242,492 1% GAAP net income $ 23,239 $ 18,626 25% GAAP earnings per share $ 0.95 $ 0.75 27% ______________________ (1) Includes U.S.”
PAHC PHIBRO ANIMAL HEALTH CORP

PHIBRO ANIMAL HEALTH CORP reported the fiscal year ending June 30, 2024 results: revenue $980 million to $1.020 billion, net income $7 million to $12 million, EPS $0.17 to $0.30.

“We affirm our previously issued fiscal year 2024 guidance for the following measures: ​ – Net sales of $980 million to $1.020 billion – Adjusted EBITDA of $106 million to $112 million – Adjusted net income of $42 million to $47 million – Adjusted diluted EPS of $1.04 to $1.16 – Adjusted effective tax rate of 28% to 30% ​ We have updated our fiscal year 2024 guidance for the following measures: ​ - Net income of $7 million to $12 million - Diluted EPS of $0.17 to $0.30”
PAHC PHIBRO ANIMAL HEALTH CORP

PHIBRO ANIMAL HEALTH CORP reported the fiscal quarter ended March 31, 2024 results: revenue $263.2 million, net income $8.4 million, EPS $0.21.

“Net sales of $263.2 million, an increase of $17.6 million, or 7% - Net income of $8.4 million, a decrease of $1.6 million - Diluted earnings per share of $0.21, a decrease of $0.04”
GDEN NEW ROYAL HOLDCO I INC.

NEW ROYAL HOLDCO I INC. reported first quarter ended March 31, 2024 results: revenue $174.0 million, net income $42.0 million, EPS $1.37 per fully diluted share.

“In the quarter, the Company reported first quarter revenue of $174.0 million, net income of $42.0 million and Adjusted EBITDA of $41.0 million.”
ACAD ACADIA PHARMACEUTICALS INC

ACADIA PHARMACEUTICALS INC reported financial results for the three months ended March 31, 2024.

“On May 8, 2024, Acadia Pharmaceuticals Inc. issued a press release announcing its financial results for the three months ended March 31, 2024.”
CYTK CYTOKINETICS INC

CYTOKINETICS INC reported first quarter of 2024 results: net income Net loss for the first quarter was $135.6 million, or $1.33 per share.

“Cytokinetics, Incorporated (Nasdaq: CYTK) reported financial results for the first quarter of 2024. Net loss for the first quarter was $135.6 million, or $1.33 per share, compared to net loss for the first quarter of 2023 of $131.3 million, or $1.38 per share.”
GHI Greystone Housing Impact Investors LP

Greystone Housing Impact Investors LP reported the three months ended March 31, 2024 results: EPS $0.42 per Beneficial Unit Certificate ("BUC"), basic and diluted.

“The Partnership reported the following results as of and for the three months ended March 31, 2024: • Net income of $0.42 per Beneficial Unit Certificate ("BUC"), basic and diluted”
WMK WEIS MARKETS INC

WEIS MARKETS INC reported first quarter ended March 30, 2024 results: revenue $1.18 billion, net income $23.17 million, EPS $0.86 per share.

“Net sales totaled $1.18 billion for the 13-week first quarter ended March 30, 2024, compared to $1.14 billion for the 13-week first quarter ended April 1, 2023, up 2.9 percent.”
IMMR IMMERSION CORP

IMMERSION CORP reported the first quarter ended March 31, 2024 results: revenue $ 43.8 million, net income $ 18.7 million, EPS $ 0.59 per diluted share.

“and provider of technologies for haptics, today reported financial results for the first quarter ended March 31, 2024 . First Quarter Financial Summary 1 : • Total revenues of $ 43.8 million, compared to $ 7.1 million in the first quarter of 2023 . • GAAP net income was $ 18.7 million, or $ 0.59 per diluted share, compared to GAAP net income of $ 8.3 million, or $”
MKSI MKS INC

MKS INC reported the second quarter of 2024 results: revenue $860 million, plus or minus $40 million, EPS $0.93, plus or minus $0.26. Guidance initiated.

“Second Quarter 2024 Outlook For the second quarter of 2024, the Company expects revenue of $860 million, plus or minus $40 million, Adjusted EBITDA of $197 million, plus or minus $23 million, and Non-GAAP net earnings per diluted share of $0.93, plus or minus $0.26.”
MKSI MKS INC

MKS INC reported the quarter ended March 31, 2024 results: revenue $868 million, net income $15 million, EPS $0.22.

“MKS Instruments Reports First Quarter 2024 Financial Results • Quarterly revenue of $868 million, above the midpoint of guidance • Quarterly GAAP net income of $15 million and net income per share of $0.22 • Quarterly Adjusted EBITDA of $217 million and Non-GAAP net earnings per diluted share of $1.18, exceeding the high-end of guidance”
INGR Ingredion Inc

Ingredion Inc reported first quarter of 2024 results: EPS $3.23. Guidance raised.

“First quarter 2024 reported and adjusted EPS* were $3.23 and $2.08, an increase of 13% and decrease of 26%, respectively”
CHH CHOICE HOTELS INTERNATIONAL INC /DE

CHOICE HOTELS INTERNATIONAL INC /DE reported first quarter 2024 results: revenue $331.9 million, net income $31.0 million, EPS diluted earnings per share (EPS) of $0.62. Guidance raised.

“versatile business model with multiple drivers positions us well to deliver continued earnings growth and create shareholder value.” Financial Performance • Total revenues were $331.9 million for first quarter of 2024, a 0.3% decrease compared to the same period of 2023. For first quarter 2024, compared to the same period of 2023, revenues, excluding reimbursable”
LSAK LESAKA TECHNOLOGIES INC

LESAKA TECHNOLOGIES INC reported third quarter ended March 31, 2024 results: revenue $138.2 million, net income $4.0 million, EPS $0.06. Guidance raised.

“Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the third quarter ended March 31, 2024 ("Q3 2024"). Performance Highlights for Q3 2024 : Revenue of $138.2 million (ZAR 2.6 billion) 1 in Q3 2024, compared to $134.0 million (ZAR 2.4 billion) 1 for the third quarter ended March 31, 2023 ("Q3 2023"), an increase of 9% in South African Rand”
VSH VISHAY INTERTECHNOLOGY INC

VISHAY INTERTECHNOLOGY INC reported fiscal first quarter ended March 30, 2024 results: revenue $746.3 million, EPS $0.22.

“of discrete semiconductors and passive electronic components, today announced results for the fiscal first quarter ended March 30, 2024. Highlights • 1Q 2024 revenues of $746.3 million • Gross margin was 22.8% and included the negative impact of 74 basis points related to the addition of Newport • EPS of $0.22 • 1Q 2024 book-to-bill of 0.82 with book-to-bill of”
INVE Identiv, Inc.

Identiv, Inc. reported first quarter ended March 31, 2024 results: revenue $22.5 million, net income ($4.6) million, or ($0.21) per basic and diluted share, EPS ($0.21) per basic and diluted share. Guidance reaffirmed.

“Revenue for the first quarter 2024 was $22.5 million, compared to $29.0 million in the prior quarter and $26.0 million in the first quarter of 2023.”
Mega Matrix Corp.

Mega Matrix Corp. reported first quarter ended March 31, 2024 results: revenue $8.7 million.

“In Q1 2024, the Company’s total unaudited revenue reached $8.7 million”
MMS MAXIMUS, INC.

MAXIMUS, INC. reported three months ended March 31, 2024 results: revenue $1.35 billion, EPS $1.31. Guidance raised.

“reported financial results for the three and six months ended March 31, 2024. Highlights for the second quarter of fiscal year 2024 include: • Revenue increased 11.7% to $1.35 billion, compared to $1.21 billion for the prior year period. Organic growth was 12.6% and driven by expanded programs in the domestic segments and resumed Medicaid-related activities. •”
DYNAVAX TECHNOLOGIES CORP

DYNAVAX TECHNOLOGIES CORP reported the quarter ended March 31, 2024 results: revenue $50.8 million. Guidance reaffirmed.

“Total revenues for the first quarter of 2024 were $50.8 million”
VSEC VSE CORP

VSE CORP reported first quarter ended March 31, 2024 results: revenue $241.5 million, net income $12.1 million, EPS $0.76.

“Total Revenues of $241.5 million increased 28.1% ▪ GAAP Net Income of $12.1 million increased 49.0% ▪ GAAP EPS (Diluted) of $0.76 increased 20.6%”
HLIO HELIOS TECHNOLOGIES, INC.

HELIOS TECHNOLOGIES, INC. reported first quarter ended March 30, 2024 results: revenue $212.0 million, net income $9.2 million, EPS $0.28. Guidance reaffirmed.

“RELEASE FOR IMMEDIATE RELEASE Helios Technologies Reports First Quarter 2024 Financial Results; Strong Sequential Growth for a Solid Start to the Year • Delivered net sales of $212.0 million up 10% over 4Q23 with Hydraulics up 7% and Electronics up 17% sequentially; Notably Electronics up 6% over the year-ago period • Demonstrated sequential margin improvement over”
EGHT 8X8 INC /DE/

8X8 INC /DE/ reported financial results for the fourth quarter and fiscal year 2024 ended March 31, 2024.

“On May 8, 2024 8x8, Inc. (the "Company") issued a press release announcing its financial results for the quarter and fiscal year ended March 31, 2024.”
NUS NU SKIN ENTERPRISES, INC.

NU SKIN ENTERPRISES, INC. reported the three-month period ended March 31, 2024 results: revenue $417.3 million, EPS $(0.01) or $0.09 excluding restructuring charges. Guidance reaffirmed.

“Nu Skin Enterprises Reports First Quarter Results PROVO, Utah — May 8, 2024 — Nu Skin Enterprises Inc. (NYSE: NUS) today announced first quarter results in line with guidance. Executive Summary Q1 2024 vs. Prior-year Quarter Revenue $417.3 million; (13.3)% • (3.8)% FX impact or $(18.2) million • Rhyz revenue $62.5 million; 57.5% Earnings Per Share (EPS) $(0.01) or $0.09 excluding restructuring charges compared to $0.23 or $0.37 excluding restructuring charges Customers 875,261; (19)% Paid Affiliates 154,171; (30)% or (14)% excluding an adjustment to eligibility requirements Sales Leaders 38,609; (12)%”
AVADEL PHARMACEUTICALS PLC

AVADEL PHARMACEUTICALS PLC reported the quarter ended March 31, 2024 results: revenue $27.2 million, net income $27.3 million, EPS ($0.30) per diluted share.

“--- EX-99.1 2 tm2413641d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Avadel Pharmaceuticals Provides Corporate Update and Reports First Quarter 2024 Financial Results -- Generated $27.2 million in net revenue from sales of LUMRYZTM -- -- Through March 31, greater than 2,800 patients enrolled in Avadel’s RYZUP patient support services and more than 1,700 patients”
UFI UNIFI INC

UNIFI INC reported the third fiscal quarter ended March 31, 2024 results: revenue $149.0 million, net income $10.3 million, EPS $0.57 per share.

“in recycled and synthetic yarns, today released operating results for the third fiscal quarter ended March 31, 2024. Third Quarter Fiscal 2024 Overview • Net sales were $149.0 million, an increase of 9% from the second quarter of fiscal 2024, driven by higher sales volumes. • Revenues from REPREVE Fiber products were $46.8 million and represented 31% of net”
REPX Riley Exploration Permian, Inc.

Riley Exploration Permian, Inc. reported the first quarter ended March 31, 2024 results: revenue $100 million, net income $19 million, EPS $0.94 per diluted share.

“First quarter 2024 revenues totaled $100 million, net cash provided by operating activities (including changes in working capital) was $56 million and net income was $19 million, or $0.94 per diluted share.”

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.