Day: March 15, 2022

Boxed, Inc. Announces Fourth Quarter and Fiscal Year 2021 Financial Results

Written by Customer Service on March 15, 2022. Posted in Earnings Releases And Operating Results.

Completion of Business Combination in December 2021 Delivering Liquidity to Support Growth InvestmentsSuccessful Software & Services Launch Generates $20.3 Million in Fiscal Year 2021 Net RevenueFourth Quarter YoY Gross Profit Growth of 50.4%Fourth Quarter YoY Average Order Value Increased by 11.5% to $131 NEW YORK, March 15, 2022 (GLOBE NEWSWIRE) — Boxed, Inc. (NYSE: BOXD, BOXD WS) (“Boxed” or the “Company”), an e-commerce grocery platform that sells bulk consumables and licenses its e-commerce software to enterprise retailers, today reported its financial results for the fourth quarter and fiscal year ended December 31, 2021. “I am proud of how the entire Boxed team executed this year. Even in light of all the focus we put into our go-public process, we are pleased to be announcing results in line with the forecast released...

XpresSpa Group Reports Record Full Year 2021 Results

Written by Customer Service on March 15, 2022. Posted in Earnings Releases And Operating Results.

Strongest Financial Results in Company History Marks End to Banner Year Record Quarterly Revenue of $29.4 Million, Record Net Income of $3.3 Million Liquidity Position with Unrestricted Cash Balance Increases to $105.5 Million Company to Actively Repurchase Shares under Current Authorization Webcast and Conference Call Scheduled for 4:30 PM ET Today NEW YORK, March 15, 2022 (GLOBE NEWSWIRE) — XpresSpa Group, Inc. (Nasdaq: XSPA), a travel health and wellness company, today reported record financial results for the fourth quarter and full year ending December 31, 2021. Scott Milford, XpresSpa Group CEO, stated, “We ended 2021 on a high note with our strongest financial results in company history. Quarterly revenue was $29.4 million, while net income and adjusted EBITDA reached $3.3 million and $4.5 million, respectively1, reflecting...

Shift Grows Revenue 167% in Q4’2021; Strong Guidance for 2022 Reflects Continued Rapid Growth with Significant Operational Efficiencies

Written by Customer Service on March 15, 2022. Posted in Earnings Releases And Operating Results.

Achieved strong revenue and units sold levels in the fourth quarter; year-over-year growth of 167% and 80%, respectively Attained Q4’2021 Total Gross Profit per unit of $1,885, an increase of 305% year-over-year Projecting approximately 2x year-over-year Q1’2022 revenue growth, at the midpoint of management guidance range Projecting full-year 2022 revenue guidance of $1.0 billion – $1.1 billion, approximately 60-70% year-over-year growth, while demonstrating significant operating leverageSAN FRANCISCO, March 15, 2022 (GLOBE NEWSWIRE) — Shift Technologies, Inc. (Nasdaq: SFT), a leading end-to-end ecommerce platform for buying and selling used cars, today reported fourth quarter financial results for the period ended December 31, 2021. Management’s commentary on fourth quarter financial results and first quarter and...

Atlas Technical Consultants Reports Fourth Quarter 2021 Results

Written by Customer Service on March 15, 2022. Posted in Earnings Releases And Operating Results.

– Record Quarter with Revenues and Adjusted EBITDA Increasing 15.5% and 33.9% Year over Year, respectively – – Record $808 Million Backlog Fueled by Major Infrastructure and Environmental Contract Awards – – Positioned for Revenue and Profitability Growth in 2022 from Major Project Wins, Strong Market Tailwinds, and a Robust M&A Pipeline – AUSTIN, Texas, March 15, 2022 (GLOBE NEWSWIRE) — Atlas Technical Consultants, Inc. (Nasdaq: ATCX) (“Atlas” or the “Company”), a leading infrastructure and environmental services provider, announced today results for the fourth quarter ended December 31, 2021. Fourth Quarter 2021 Highlights:(all comparisons versus the prior-year period unless otherwise noted)Gross revenue grew 15.5% to $145.2 million, driven by the cross-selling of services and contributions...

Atlas Technical Consultants Acquires TranSmart Technologies, Inc.

Written by Customer Service on March 15, 2022. Posted in Mergers And Acquisitions.

– Adds Technology Leader Specializing in Intelligent Transportation Systems and Connected and Autonomous Vehicles – AUSTIN, Texas, March 15, 2022 (GLOBE NEWSWIRE) — Atlas Technical Consultants, Inc. (Nasdaq: ATCX) (“Atlas” or the “Company”), a leading Infrastructure and Environmental solutions provider, announced today that it has acquired TranSmart Technologies, Inc. (“TranSmart”) a transportation engineering technology leader in Intelligent Transportation Systems (ITS), Connected and Autonomous Vehicles (CAV), electrical and traffic engineering, and other transportation engineering services. With over 100 employees, TranSmart has successfully integrated their innovative technology practice, including ITS and CAV, with their reputable civil, structural, and multimodal engineering disciplines to create a full-service...

Satsuma Pharmaceuticals Reports 2021 Full Year and Fourth Quarter Financial Results and Business Highlights

Written by Customer Service on March 15, 2022. Posted in Earnings Releases And Operating Results.

– STS101 SUMMIT Phase 3 efficacy trial enrollment ongoing; key trial on track to read out topline results in Q4 2022 – – $95.8 million in cash, cash equivalents and marketable securities as of December 31, 2021, provides runway into second half of 2023 – SOUTH SAN FRANCISCO, Calif., March 15, 2022 (GLOBE NEWSWIRE) — Satsuma Pharmaceuticals, Inc. (Nasdaq: STSA), a clinical-stage biopharmaceutical company developing STS101 (dihydroergotamine (DHE) nasal powder), a novel investigational therapeutic product candidate for the acute treatment of migraine, today reported financial results for the fourth quarter and full year ended December 31, 2021 and summarized its business highlights. “The coming twelve months promise to be eventful and marked by important milestones for Satsuma, including the reporting of results...

Teknova Reports Fourth Quarter and Full Year 2021 Financial Results

Written by Customer Service on March 15, 2022. Posted in Earnings Releases And Operating Results.

Full year 2021 total revenue was $36.9 million, up 18% year-over-yearExcluding Sample Transport revenue of $1.5 million, full year 2021 total revenue was $35.4 million, up 31% year-over-yearCompany provides 2022 revenue guidance of $44-$48 million HOLLISTER, Calif., March 15, 2022 (GLOBE NEWSWIRE) — Alpha Teknova, Inc. (“Teknova”) (Nasdaq: TKNO), a leading provider of critical reagents for the discovery, development, and commercialization of drug therapies, novel vaccines, and molecular diagnostics, today announced financial results for the fourth quarter and the full year ended December 31, 2021. “We had solid fourth quarter revenue and a great finish to a year in which we made meaningful progress against our strategic priorities,” said Stephen Gunstream, President and CEO of Teknova. “We continue to see robust demand for our...

Surgalign Holdings, Inc. Announces Fourth Quarter and Full Year 2021 Results

Written by Customer Service on March 15, 2022. Posted in Earnings Releases And Operating Results.

DEERFIELD, Ill., March 15, 2022 (GLOBE NEWSWIRE) — Surgalign Holdings, Inc., (NASDAQ: SRGA) a global medical technology company focused on elevating the standard of care by driving the evolution of digital surgery, today reported operating results for the fourth quarter and full year 2021. Recent Highlights:Total global spine revenue of $21.8 million, compared to $26.2 million in the fourth quarter of 2020 Net loss from continuing operations of $88.8 million, inclusive of a $72.1 million loss related to the Inteneural Networks, Inc. (INN) acquisition, or net loss of $0.64 share in the fourth quarter of 2021 Adjusted EBITDA loss of $12.9 million, compared to a loss of $7.7 million in the fourth quarter of 2020 Cash and cash equivalents at December 31, 2021 was $51.3 million In December 2021, the Company expanded is digital health...

Aspen Group Reports 14% Revenue Growth for Third Quarter Fiscal 2022

Written by Customer Service on March 15, 2022. Posted in Earnings Releases And Operating Results.

AU and USU Active Student Body AU and USU Active Student BodyRevenue increased to $18.9 million compared to $16.6 million last year Business units with highest Lifetime Value (LTV) programs accounted for 56% of revenue Net loss of ($3.7) million, including losses of $1.3 million related to new campus expansion Received approval to open BSN Pre-Licensure program in AtlantaNEW YORK, March 15, 2022 (GLOBE NEWSWIRE) — Aspen Group, Inc. (Nasdaq: ASPU) (“AGI”), an education technology holding company, today announced financial results for its third quarter fiscal year 2022 ended January 31, 2022. Third Quarter Fiscal Year 2022 Summary Results Three Months Ended January 31, Nine Months Ended January 31,$ in millions, except per share data 2022 2021 2022 2021 Revenue $ 18.9 $ 16.6 $ 57.3 $ 48.8 Gross...

Flushing Financial Corporation To Host First Quarter 2022 Earnings Call

Written by Customer Service on March 15, 2022. Posted in Public Companies.

UNIONDALE, N.Y., March 15, 2022 (GLOBE NEWSWIRE) — Flushing Financial Corporation (the “Company”) (Nasdaq-GS: FFIC), the parent holding company for Flushing Bank (the “Bank”), today announced that it will release its first quarter 2022 earnings after the market closes on April 26, 2022. John R. Buran, President and Chief Executive Officer, and Susan K. Cullen, Senior Executive Vice President and Chief Financial Officer, will host the conference call on Wednesday, April 27, 2022 at 9:30 AM (ET) to discuss the Company’s strategy and results for the first quarter of 2022. Interested parties are invited to listen in by dialing 1-877-509-5836. The conference call will be simultaneously webcast at https://services.choruscall.com/links/ffic220427.html. Conference Call DetailsDial-in for Live Call: 1-877-509-5836Canada Toll Free: 1-855-669-9657Webcast:...

Day: March 15, 2022

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