Aterian Reports Fourth Quarter & Full Year 2022 Results

Written by Customer Service on March 9, 2023. Posted in Earnings Releases And Operating Results.

Achieved Substantial Progress Selling Through High Cost Inventory to Drive Margin Expansion Starting In the First Quarter of 2023 Reaffirms Second Half 2023 Adjusted EBITDA Profitability Target NEW YORK, March 09, 2023 (GLOBE NEWSWIRE) — Aterian, Inc. (Nasdaq: ATER) (“Aterian” or the “Company”) today announced results for the fourth quarter and full year ended December 31, 2022. Fourth Quarter Highlights Fourth quarter 2022 net revenue declined 13.3% to $54.9 million, compared to $63.3 million in the fourth quarter of 2021. Fourth quarter 2022 gross margin declined to 37.1%, compared to 45.6% in the fourth quarter of 2021, primarily reflecting the impact of our strategy of liquidating high cost inventory. Fourth quarter 2022 contribution margin declined to (11.5)% from 7.9% in the fourth quarter of 2021, primarily reflecting...

springbig Reports Fourth Quarter and Full Year 2022 Financial Results

Written by Customer Service on March 9, 2023. Posted in Earnings Releases And Operating Results.

BOCA RATON, Fla., March 09, 2023 (GLOBE NEWSWIRE) — SpringBig Holdings, Inc. (“springbig” or the “Company”) (NASDAQ: SBIG), a leading provider of SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs to the cannabis industry, today announced its financial results for the fourth quarter and full year ended December 31, 2022. Fourth Quarter 2022 Financial Highlights: Revenue* increased to $6.8 million, up 2% year-on-year Subscription revenue was up 33% year-on-year Net dollar retention rate was 105% for the twelve months ended December 31, 2022 Gross profit was $5.3 million, representing a gross profit margin of 78% Net loss was $(4.5) million compared to a loss of $(2.5) million in the prior year Adjusted EBITDA** loss was $(3.2) million compared to a loss of $(2.1) million in the prior...

CytoSorbents Reports Fourth Quarter and Full Year 2022 Results

Written by Customer Service on March 9, 2023. Posted in Earnings Releases And Operating Results.

Pivotal U.S. and Canada STAR-T Trial enrollment passes halfway mark. Positive sales momentum from Q4 2022 continues in Q1 2023 to date, with expectation of sales growth in 2023 PRINCETON, N.J., March 09, 2023 (GLOBE NEWSWIRE) — CytoSorbents Corporation (NASDAQ: CTSO), a leader in the treatment of life-threatening conditions in the intensive care unit and cardiac surgery using blood purification via its proprietary polymer adsorption technology, today reported financial and operating results for the quarter and year ended December 31, 2022 and provides its 2023 outlook. Full Year 2022 Financial Results 2022 Total Revenue, which includes Product Sales and Grant Income, was $34.7 million versus $43.2 million in 2021, a decrease of 20% 2022 Product sales were $29.4 million versus $40.1 million in 2021, which included $0.3 million...

Whitestone REIT Declares Second Quarter 2023 Dividend

Written by Customer Service on March 9, 2023. Posted in Dividend Reports And Estimates.

HOUSTON, March 09, 2023 (GLOBE NEWSWIRE) — Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend of $0.04 per share on the Company’s common shares and operating partnership units for the second quarter of 2023. The dividend represents a quarterly amount of $0.12 per share, and an annualized amount of $0.48 per share. “At Whitestone, we are successfully executing on our growth strategy and improving the Company’s financial and operational performance to deliver even greater returns for shareholders,” said Dave Holeman, Whitestone’s CEO. “The current dividend provides shareholders with an approximate 5% yield and allows the company to focus on our target of bringing debt/EBITDAre to approximately 7x by year-end 2023.” The second quarter dividend...

Americold Realty Trust, Inc. Declares First Quarter 2023 Dividend

Written by Customer Service on March 9, 2023. Posted in Dividend Reports And Estimates.

ATLANTA, GA., March 09, 2023 (GLOBE NEWSWIRE) — Americold Realty Trust, Inc. (NYSE: COLD) (the “Company” or “Americold”), the world’s largest publicly traded REIT focused on the ownership, operation, acquisition, and development of temperature-controlled warehouses, today announced that its Board of Directors has declared a dividend of $0.22 per share for the first quarter of 2023, payable to holders of the Company’s common stock. The dividend will be payable in cash on April 14, 2023 to stockholders of record at the close of business on March 31, 2023. About Americold Realty Trust, Inc. Americold is the world’s largest publicly traded REIT focused on the ownership, operation, acquisition and development of temperature-controlled warehouses. Based in Atlanta, Georgia, Americold owns and/or operates 242 temperature-controlled warehouses,...

Alpha Tau Medical Announces Full Year 2022 Financial Results and Provides Corporate Update

Written by Customer Service on March 9, 2023. Posted in Earnings Releases And Operating Results.

– Opened U.S. pivotal trial in recurrent cutaneous squamous cell carcinoma, which began enrolling patients in March – – Received Health Canada approval to initiate a liver cancer feasibility trial – – Pursued supply chain expansion in Israel, the U.S. and Japan, including increases in radioactive license capacities – – Cash & equivalents balance of $105.4 million, with runway for at least two years – JERUSALEM, March 09, 2023 (GLOBE NEWSWIRE) — Alpha Tau Medical Ltd. (“Alpha Tau”, or the “Company”) (NASDAQ: DRTS, DRTSW), the developer of the innovative alpha-radiation cancer therapy Alpha DaRT™, reported full year 2022 financial results and provided a corporate update. “We are proud of the team’s significant accomplishments in 2022, an important year...

AgileThought, Inc. Reports Fourth Quarter and Full Year 2022 Financial Results

Written by Customer Service on March 9, 2023. Posted in Earnings Releases And Operating Results.

IRVING, Texas, March 09, 2023 (GLOBE NEWSWIRE) — AgileThought, Inc. (“AgileThought” or the “Company”) (NASDAQ: AGIL), a global provider of digital transformation services, custom software development, and next generation technologies, today reported results for the fourth quarter and full year ended December 31, 2022. Fourth Quarter 2022 Highlights and Results: Revenue was $43.1 million, up 2.3% year over year from $42.1 million in Q4 2021 and down 0.8% sequentially from $43.4 million in Q3 2022, as the company continues to exit non-core revenues Gross margin was 31.6%, up 190 bps year-over-year from 29.7% in Q4 2021, but down 270 bps sequentially from 34.3% in Q3 2022 3 new clients added during the quarter. 2022 Full Year Highlights and Results: Revenue was $176.8 million for 2022, up 11.5% year-over-year Gross margin was 32.6%,...

Aqua Metals Reports 2022 Financial Results

Written by Customer Service on March 9, 2023. Posted in Earnings Releases And Operating Results.

Commissioning of Lithium Pilot Plant in Reno, Securing of Future Commercial Site, Drive Optimism for 2023 and Beyond RENO, Nev., March 09, 2023 (GLOBE NEWSWIRE) — Aqua Metals, Inc. (NASDAQ: AQMS) (“Aqua Metals” or the “Company”), which is reinventing metals recycling with its AquaRefining™ technology, today announced financial results and provided a business update for the fourth quarter and full-year period ended December 31, 2022. Recent Highlights: Aqua Metals ended the year with $7.1 million in cash and $10.9 million in working capital. Management expects to receive an additional $12 million by the end of March 2023 related to the sale of its former Tahoe-Reno facility. Aqua Metals commissioned its recycling pilot operation at its Innovation Center in Tahoe-Reno Industrial Center during the fourth quarter...

TTM Technologies, Inc. Announces Sale of Shanghai Backplane Assembly Facility

Written by Customer Service on March 9, 2023. Posted in Mergers And Acquisitions.

SANTA ANA, Calif., March 09, 2023 (GLOBE NEWSWIRE) — TTM Technologies, Inc. (NASDAQ: TTMI), a leading global manufacturer of technology solutions including engineered systems, radio frequency (“RF”) components and RF microwave/microelectronic assemblies and printed circuit boards (“PCB”s), today announced that that it has signed a definitive agreement to sell its Shanghai Backplane Assembly (“BPA”) for approximately $11.8 million, subject to customary post-closing adjustments, to DBG Holdings Limited (“DBG”), which is wholly owned by DBG Technology Co, Ltd., a public company traded on the Shenzhen Stock Exchange. We expect this transaction to close near the end of the first quarter. BPA is a small assembly facility that generated $44.7 million in revenues and an immaterial amount of operating income in 2022. This transaction is...

Alto Ingredients, Inc. Reports Fourth Quarter and Full Year 2022 Results

Written by Customer Service on March 9, 2023. Posted in Earnings Releases And Operating Results.

– Growth, Revenue Diversification and Efficiency Initiatives to Expand Annualized EBITDA by Over $65 Million by the End of 2025 and Over $125 Million by the End of 2026 – PEKIN, Ill., March 09, 2023 (GLOBE NEWSWIRE) — Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols and essential ingredients, reported its fourth quarter and full year 2022 financial results for the year ended December 31, 2022. “Alto has been executing a series of growth initiatives to diversify our revenue streams, maximize our high-margin products, and optimize our operations to continue our business transformation,” said Mike Kandris, CEO of Alto Ingredients. “Our efforts are coming to fruition. Our specialty alcohol infrastructure upgrades are complete, and we are excited to introduce our new high-quality...

Day: March 9, 2023

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