Month: May 2022

Strong start to 2022: Strong quarter with revenue increasing 90% year-over-year driven by rapid organic growth in marketplace and supplier services including Thomas. Strong gross margin trends driven by AI pricing/supplier selection and additional supplier services: Gross profit up 235% year-over-year. Robust marketplace and supplier service expansion: Expanded marketplace to Spain and launched a local manufacturing network in China. Extended the reach of the marketplace with Xometry Everywhere. Added self-serve subscriptions for advertising services. Expect strong growth in 2022 and improving operating leverage: We expect revenue growth of 80-83% to $392-$400 million. Growth will be driven by increasing active buyers and suppliers, added supplier services and revenue synergies with Thomas. We expect operating leverage to improve in Q2...

First quarter revenues of $83.3 million, net of non-cash warrants impact of $8.0 million; up 26% year-over-year First quarter GAAP operating loss of $6.9 million; Non-GAAP operating loss of $0.7 million, net of $8.0 million attributed to the non-cash impact of warrants Exceptional quarter for Presto and overall systems sales Excellent adoption and feedback for Atlas Max Record quarter in Asia Pacific; Strong performance in EMEA and Americas Ground-breaking new product introductions unveiled at Kornit Fashion Week – Tel Aviv including Atlas MAX Poly and Kornit Apollo Gearing up for Kornit Fashion Week – London – May 15th – 17th, and FESPA Berlin  ROSH-HA’AYIN, Israel, May 11, 2022 (GLOBE NEWSWIRE) — Kornit Digital Ltd. (NASDAQ: KRNT), a worldwide market leader in sustainable, on-demand, digital fashionx and textile...

VANCOUVER, British Columbia, May 11, 2022 (GLOBE NEWSWIRE) — Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) is pleased to announce its financial and operating results for the three months ended March 31, 2022. All dollar amounts are in US dollars (US$). “Our first quarter performance was strong, putting us on track to achieve our 2022 production guidance,” stated Dan Dickson, CEO of Endeavour Silver. “High-grade ore at Guanacevi was a driving force and is expected to continue throughout the balance of the year, while production at Bolanitos remains solid.  Industry-wide inflation is a growing challenge and we continue to look for ways to mitigate its negative impact.”   Added Mr. Dickson, “Looking ahead to the second quarter, we are targeting two major milestones:     securing debt financing for Terronera...

Net Sales grew 58% in the first quarter 2022Diluted EPS for the first quarter 2022 of $0.09 and Adjusted Diluted EPS of $0.13 SANTA BARBARA, Calif., May 11, 2022 (GLOBE NEWSWIRE) — Olaplex Holdings, Inc. (NASDAQ: OLPX) (“OLAPLEX” or the “Company”), an innovative, science-enabled, technology-driven beauty company, focused on delivering its patent-protected premium hair care products to professional hair salons, retailers, and everyday consumers, today announced financial results for the first quarter ended March 31, 2022 (“first quarter 2022”). First Quarter 2022 compared to First Quarter 2021:Net sales increased 57.6% to $186.2 million;Net sales increased 65.1% in the United States and 45.7% internationally By channel:Professional grew 62.6% to $77.0 million, or 41.4% of net sales Specialty Retail increased 102.5%...

Net Revenue Up 43.8% with Comparable Growth of 40.3%; Raising Full Year 2022 Outlook BOSTON HEIGHTS, Ohio, May 11, 2022 (GLOBE NEWSWIRE) — Arhaus, Inc. (NASDAQ: ARHS; “Arhaus” or the “Company”), a rapidly growing lifestyle brand and omni-channel retailer of premium artisan-crafted home furnishings, reported financial results for the first quarter ended March 31, 2022. First Quarter 2022 HighlightsNet revenue increased 43.8% to $246 million Comparable Growth(1) of 40.3% Net and Comprehensive Income of $16 million Adjusted Net Income of $17 million Adjusted EBITDA increased 22.4% to $31 million2022 Outlook HighlightsNet revenue of $1,145 million to $1,185 million Comparable Growth(1) of 36% to 46% Net and Comprehensive Income of $73 million to $83 million Adjusted EBITDA of $151 million to $161 millionCEO Comments John...

Generates first quarter revenue of $358 million, approximately 1% over the prior-year period; chemistry organic revenue grew 3% Reports net income of $48 million, compared to a net loss of $72 million in the first quarter of 2021, the latter reflecting one-time expenses during last year’s re-financing activities Delivers Adjusted EBITDA1 of $112 million, a 2% increase over the prior-year period due to strong Electronics organic revenue growth Reduces net leverage to 2.7xBERLIN, May 11, 2022 (GLOBE NEWSWIRE) — Atotech (NYSE: ATC) (the “Company”), a leading specialty chemicals technology company and a market leader in advanced electroplating solutions, today reported its financial results for the first quarter ended March 31, 2022. Chemistry organic revenue growth, a key performance indicator for Atotech, increased 3% over the...

Reports Seventh Consecutive Quarter of Double-Digit Revenues Growth First Quarter 2022 HighlightsRevenues were $189.9 million, an increase of 43.8%, compared to $132.1 million in the prior-year period Net income was $13.0 million, compared to a net loss of $(19.4) million in the prior-year period Adjusted EBITDA1 was $53.6 million, compared to $36.6 million in the prior-year period Adjusted Net Income1 was $33.5 million, compared to $20.5 million in the prior-year period Completed asset purchase acquisition of Form I-9 Compliance2022 Full Year GuidanceRaising full year 2022 guidance ranges for revenues to $820 to $835 million, Adjusted EBITDA to $253 to $259 million, and Adjusted Net Income to $157 to $161 million2ATLANTA, May 11, 2022 (GLOBE NEWSWIRE) — First Advantage Corporation (NASDAQ: FA), a leading global provider...

CERRITOS, Calif., May 11, 2022 (GLOBE NEWSWIRE) — The Oncology Institute, Inc. (NASDAQ: TOI), one of the largest value-based community oncology groups in the United States, today reported financial results for its first quarter ended March 31, 2022. “We are pleased with the results we achieved in Q1 2022, driven by our expansion in new markets and continued investment in a value-based approach to oncology. Our financial results reflected strong growth, with Q1 2022 revenue of $55 million, growing 14% compared to Q1 2021. We were thrilled to announce three new value-based partnerships in Q1 2022, one of which is with a new partner, MaxHealth in the Tampa and St. Petersburg markets, which has great potential for growth in the future,” said Brad Hively, CEO of TOI. “We also launched our 11th market in Polk County, Florida and...