Month: February 2022

Q4 Subscription revenue growth accelerates to 39% year-over-year to $48.6 million Remaining Performance Obligations growth accelerates to 54% year-over-year to $316.2 million ARR from Enterprise-wide DAP customers grew by 92% year-over-year Expanded partner channel with strategic alliance with AccentureSAN FRANCISCO, Feb. 16, 2022 (GLOBE NEWSWIRE) — WalkMe Ltd. (NASDAQ:WKME), a leading provider of digital adoption solutions, today announced financial results for its fourth quarter and year ended December 31, 2021. “We completed 2021 with great momentum by accelerating our subscription revenue landing some great new logos and expanding within some of the largest organizations in the world. Digital adoption is being seen as a must have for CIOs and we are seeing the results with deeper strategic conversations and longer contract...

— Unit sales increase 25 percent and diluted EPS increases 117 percent in Q4; board increases share buyback authorization GRAND RAPIDS, Mich., Feb. 16, 2022 (GLOBE NEWSWIRE) — UFP Industries, Inc. (Nasdaq: UFPI) today announced record net sales and net earnings for the fourth quarter and fiscal year 2021. The company, which passed $8.6 billion in net sales for fiscal 2021, also reported record earnings per diluted share of $8.59, a 115 percent increase over the previous year. During the fourth quarter of fiscal 2021, net sales were $2 billion, a 45 percent increase over the fourth quarter of 2020, while earnings per diluted share were $2.21, a 117 percent increase over the fourth quarter of 2020. “Our new market-focused organizational structure is helping us to better identify growth opportunities, and we are more strategically...

Key HighlightsRevenue increased 12.8% to $132.2 million, representing a combined two-year growth of 23% Revenue generated from clients won since FY16 grew 57%, representing 70% of total revenues Fully diluted earnings per share increased to $0.45, compared to $0.13 in the prior year quarter. Non-GAAP adjusted EBITDA was $17.8 million, compared to $18.0 million in the prior year quarter and up from $11.5 million sequentially Robust and rapid diversification of our client base Net income increased to $8.5 million, compared to $2.5 million in the prior year quarter. Continued 100% retention of our top 20 clients Majority shareholder, TRGI, retired a portion of its share capital and approved a partial transfer of its ownership stake in ibex to its shareholders, which will increase the company’s public float over time Board of Directors approved...

Strong Revenue Growth Drives Financial ResultsHighlights  • Fourth quarter Core revenue grew 3.5% to $518.9 million, or 4.3% in constant currency and 8.0% excluding CoV-2 assay sales  • Fiscal year Core revenue grew 16.1% to $2.01 billion, or 14.6% in constant currency and 15.7% excluding CoV-2 assay sales  • Fourth quarter Operating income was $31.1 million, while Adjusted EBITDA was $127.9 million  • Fiscal year Operating income was $173.9 million, while Adjusted EBITDA was $548.1 million, up 20.2% year-over-yearRARITAN, N.J., Feb. 16, 2022 (GLOBE NEWSWIRE) — Ortho Clinical Diagnostics Holdings plc (Nasdaq: OCDX) (the “Company”), one of the world’s largest pure-play in-vitro diagnostics (IVD) companies, today announced financial results for the fourth quarter and fiscal year ended January 2,...

Fourth Quarter 2021 Highlights:Revenues of $153.0 million, compared with $138.9 million in the same period last year GAAP net income of $8.2 million, or $0.15 per diluted share, compared with a net loss of $0.1 million, or $(0.00) per diluted share in the same period last year Non-GAAP net income of $22.6 million, or $0.43 per diluted share, compared with $15.0 million, or $0.30 per diluted share in the same period last yearFull Year 2021 Highlights:Revenues of $583.3 million, compared with $454.2 million last year GAAP net income of $26.0 million, or $0.49 per diluted share, compared with a net loss of $8.4 million, or $(0.17) per diluted share last year Non-GAAP net income of $73.6 million, or $1.43 per diluted share, compared with $42.3 million, or $0.86 per diluted share last yearPLAINVIEW, N.Y., Feb. 16, 2022 (GLOBE NEWSWIRE)...

SINGAPORE, Feb. 16, 2022 (GLOBE NEWSWIRE) —  Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or the “Company” or the “Group” or “we” or “us” or “our”), a global provider of maritime transportation services predominantly in the drybulk sector, today announced its unaudited earnings results for the three months and year ended December 31, 2021. The Group completed the plan to discontinue the tanker business during December 2021 and has presented the tanker business as a discontinued operation. The Group is now focused on the drybulk business which is presented as the continuing operations. Prior period figures have been reclassified for the presentation of the tanker business as a discontinued operation. Financial Highlights for the Three Months Ended December 31, 2021 Continuing operations:Revenues...

Fourth Quarter Revenue Increased 5% Year-Over-Year to $102.1 Million Fourth Quarter Revenue from Non-Auto Insurance Verticals Increased Year-Over-Year 50% Fourth Quarter Health DTCA Revenue Increased 281% Year-Over-Year to $14.5 million Full Year Revenue Increased 21% Year-Over-Year to $418.5 MillionCAMBRIDGE, Mass., Feb. 16, 2022 (GLOBE NEWSWIRE) — EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, today announced financial results for the fourth quarter and full year ended December 31, 2021. “In 2021, we delivered year-over-year revenue and Variable Marketing Margin, or VMM, growth of 21% and 19%, respectively, and generated meaningful Adjusted EBITDA, despite strong industry headwinds in the auto insurance marketplace in the second half of the year,” said Jayme Mendal, CEO of EverQuote. “We grew fourth...

Fourth Quarter 2021 Financial ResultsGAAP revenue increased 40.6% year-over-year to $69.3 million Cash flow from operations was $21.0 million Free cash flow was $19.6 million and free cash flow margin was 28.2%Fiscal Year 2021 Financial ResultsGAAP revenue increased 40.8% year-over-year to $246.3 million Cash flow from operations was $76.8 million Free cash flow was $71.2 million and free cash flow margin was 28.9%Key MetricsAnnual recurring revenue (ARR) increased approximately 44% year-over-year to $285.4 million Total number of customers reached more than 47,000TAMPA BAY, Fla., Feb. 16, 2022 (GLOBE NEWSWIRE) — KnowBe4, Inc. (NASDAQ: KNBE), provider of the leading security awareness training and simulated phishing platform, today reported results for the fourth quarter and the year ended December 31, 2021. “Our...

SEATTLE, Feb. 16, 2022 (GLOBE NEWSWIRE) — Trupanion, Inc. (Nasdaq: TRUP), the leading provider of medical insurance for cats and dogs, today announced financial results for the fourth quarter and full year ended December 31, 2021. “Our 60 month plan is off to a great start, as shown in our strong year-over-year growth metrics,” said Darryl Rawlings, founder and CEO of Trupanion. “In 2021, we added a record number of new pets while sustaining high-levels of retention, and maintaining scale in our subscription business. As a result, we were able to grow the funds generated from our existing pets by 37% and deploy 56% more capital year-over-year to acquire new pets at strong internal rates of return.” Full Year 2021 Financial and Business HighlightsTotal revenue was $699.0 million, an increase of 39% compared to 2020. Total enrolled...

Key Q4 and Full Year 2021 HighlightsRevenue: Q4 $1,048M / FY $4,140M Adj. EBITDA Margin(1): Q4 10.9% / FY 11.8% Annual Recurring Revenue (ARR) signings: Q4 $111M / FY $408M Total Contract Value (TCV) new business signings: Q4 $310M / FY $1,785M Net ARR Activity Metric(2) (TTM): Q4 $128MFLORHAM PARK, N.J., Feb. 16, 2022 (GLOBE NEWSWIRE) — Conduent (NASDAQ: CNDT), a business process services and solutions company, today announced its fourth quarter and full year 2021 financial results. Cliff Skelton, Conduent President and CEO stated, “In 2021, we met or exceeded our commitments. We focused on execution, efficiency, driving improved client and end-user experiences and received recognition for our culture, technology-enabled solutions and overall delivery excellence. Our client satisfaction ratings have increased for the third...