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Day: February 5, 2024

J&J Snack Foods Reports Fiscal 2024 First Quarter Revenue of $348.3M and Net Earnings Growth of 9.8%

MOUNT LAUREL, N.J., Feb. 05, 2024 (GLOBE NEWSWIRE) — J&J Snack Foods Corp. (NASDAQ: JJSF) (the “Company”) today reported financial results for the first quarter ended December 30, 2023.    First QuarterActuals $ vs. LY % vs. LYNet Sales $348.3M ($3.0M) (0.9%)Operating Income $9.7M $0.4M 3.8%Net Earnings $7.3M $0.6M 9.8%Earnings per Diluted Share $0.37 $0.03 8.8%       Adjusted Operating Income $13.5M $2.3M 20.6%Adjusted EBITDA $30.2M $4.9M 19.4%Adjusted Earnings per Diluted Share $0.52 $0.10 23.8%This press release contains non-GAAP financial measures. Please refer to the Non-GAAP Financial Measures section below for reconciliations to the most comparable GAAP measures. Dan Fachner, J&J Snack Foods Chairman, President and CEO, commented, “J&J Snack Foods continues to execute on our...

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Greif, Inc. Announces 2024 First Quarter Earnings Release and Conference Call Dates

DELAWARE, Ohio, Feb. 05, 2024 (GLOBE NEWSWIRE) — Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today it will report the company’s 2024 first quarter financial results after the market closes on Wednesday, February 28, 2024. A conference call will be held on Thursday, February 29, 2024 at 8:30 a.m. ET to discuss the quarter results. Greif will provide conference call slides in combination with its first quarter earnings press release on February 28, 2024. The call on February 29, 2024 will include management’s live remarks and a question and answer session. Participants may access the call using the following online registration link. Registrants will receive a confirmation containing dial in details and a unique conference call code for entry. Phone lines will open at 8:00...

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Casella Waste Systems, Inc. to Host Conference Call on Its Fourth Quarter 2023 Results

RUTLAND, Vt., Feb. 05, 2024 (GLOBE NEWSWIRE) — Casella Waste Systems, Inc. (Nasdaq: CWST), a regional solid waste, recycling, and resource management services company, will release its financial results for the three months ended December 31, 2023, after the market closes on Thursday, February 15, 2024. The company will host a conference call to discuss these results on Friday, February 16, 2024, at 10:00 a.m. Eastern Time. Individuals interested in participating in the call should register by clicking here to obtain dial in and passcode details. The call will also be webcast; to listen, participants should visit the company’s website at http://ir.casella.com and follow the appropriate link to the webcast. A replay of the call will be available on the company’s website and accessible using the same link. For further information,...

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NXP Semiconductors Reports Fourth Quarter and Full-Year 2023 Results

EINDHOVEN, The Netherlands, Feb. 05, 2024 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ: NXPI) today reported financial results for the fourth quarter and full-year, which ended December 31, 2023. “NXP delivered full-year 2023 revenue of $13.28 billion, an increase of 1 percent year-on-year. In the fourth quarter, revenue was $3.42 billion, an increase of 3 percent year-on-year, above the mid-point of our guidance range. In review, NXP delivered solid results throughout 2023, reflecting strong execution, consistent gross margin, and healthy free cash flow generation despite a challenging semiconductor market environment. We are navigating a soft landing by managing what is in our control, especially limiting over shipment of products to customers,” said Kurt Sievers, NXP President and Chief Executive Officer. Key Highlights...

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Lesaka to Expand its Merchant Division’s Footprint in South Africa’s Informal Market with the Acquisition of Touchsides (Pty) Ltd from Heineken International B.V.

JOHANNESBURG, South Africa, Feb. 05, 2024 (GLOBE NEWSWIRE) — Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today announced that it has signed a definitive agreement to acquire 100% of Touchsides (Pty) Ltd (“Touchsides”), a leading data analytics and, insights and merchant services company, from Heineken International B.V. The Touchsides and Kazang businesses are highly complementary, and the acquisition is expected to significantly expand Kazang’s footprint in the tavern industry in South Africa’s informal market. Touchsides has an active base of over 10,000 POS terminals across South Africa’s informal licensed taverns, and processes more than 1.5 million transactions per day. The business provides platform-as-a-service (PaaS) and software-as-a-service (SaaS) solutions to licensed tavern outlets, enabling the measurement of...

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ThredUp to Report Fourth Quarter and Full Year 2023 Financial Results on March 4, 2024

OAKLAND, Calif., Feb. 05, 2024 (GLOBE NEWSWIRE) — ThredUp (NASDAQ: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, announced today that its financial results for the fourth quarter and full year ended December 31, 2023 will be released on Monday, March 4, 2024 after the close of the U.S. markets. ThredUp will host a conference call and live webcast that day at 1:30 p.m. PT / 4:30 p.m. ET. The live and archived webcast and all related earnings materials will be available at ThredUp’s investor relations website: ir.thredup.com/news-events/events-and-presentations. About ThredUp ThredUp is transforming resale with technology and a mission to inspire the world to think secondhand first. By making it easy to buy and sell secondhand, ThredUp has become one of the world’s largest...

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Skyline Bankshares, Inc. Announces Fourth Quarter 2023 Results

FLOYD, Va. and INDEPENDENCE, Va., Feb. 05, 2024 (GLOBE NEWSWIRE) — Skyline Bankshares, Inc. (the “Company”) (OTCQX: SLBK) – the holding company for Skyline National Bank (the “Bank”) – announced its results of operations for the fourth quarter of 2023.   The Company recorded net income of $2.2 million, or $0.39 per share, for the quarter ended December 31, 2023, compared to net income of $2.1 million, or $0.37 per share, for the quarter ended September 30, 2023, and compared to net income of $2.9 million, or $0.51 per share, for the same period in 2022. For the year ended December 31, 2023, net income was $9.7 million, or $1.74 per share, compared to net income of $10.3 million, or $1.84 per share, for the year ended December 31, 2022. The earnings for 2023 represent a return on average assets (“ROAA”) of 0.96% and a return on...

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Varonis Announces Fourth Quarter and Full-Year 2023 Financial Results

Annual recurring revenues grew 17% year-over-yearSaaS ARR as a percentage of total ARR was approximately 23%Year-to-date cash from operations generated $59.4 million vs. $11.9 million last yearYear-to-date free cash flow generated $54.3 million vs. $0.5 million last year NEW YORK, Feb. 05, 2024 (GLOBE NEWSWIRE) — Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced financial results for the fourth quarter and full year ended December 31, 2023. Yaki Faitelson, Varonis CEO, said, “Our fourth quarter results reflect the sustained momentum of our SaaS platform and I’m happy to announce that SaaS ARR represented approximately 23% of total company ARR at year-end. This progress gives us the confidence to accelerate our SaaS transition timeline, which we now expect to complete by the end of 2026, a year...

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Kforce Reports Fourth Quarter 2023 Revenue of $363.4 Million and Earnings Per Share of $0.82; Full Year 2023 EPS of $3.13 Per Share, as Reported, and $3.49 Per Share, as Adjusted; Board of Directors Approves 5.5% Increase in Dividend and Increases Share Buyback Authorization to $100 Million

TAMPA, Fla., Feb. 05, 2024 (GLOBE NEWSWIRE) — Kforce Inc. (Nasdaq: KFRC), a solutions firm that specializes in technology and other professional staffing services, today announced results for the fourth quarter and full year 2023. There are references to “as reported” and “as adjusted” figures within this press release, which pertain to GAAP and non-GAAP measures that are more fully described in the Adjusted Financial Performance Measures section of this press release. Joseph J. Liberatore, President and Chief Executive Officer, commented, “I am tremendously grateful for the extraordinary efforts of the Kforce team who executed well in 2023 in an environment that proved to be more challenging than originally expected. Our strong execution and focused business model allowed us to deliver strong results while continuing to allocate...

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Symbotic Reports First Quarter Fiscal Year 2024 Results

WILMINGTON, Mass., Feb. 05, 2024 (GLOBE NEWSWIRE) — Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, announced financial results for its first fiscal quarter of 2024 ending December 30, 2023. Symbotic posted revenue of $369 million, a net loss of $13 million and adjusted EBITDA1 of $14 million for the first quarter of fiscal 2024. In the same quarter of fiscal 2023, Symbotic had revenue of $206 million, a net loss of $68 million and an adjusted EBITDA loss1 of $16 million. Cash, cash equivalents, restricted cash and marketable securities on hand increased by $129 million from the prior quarter to $677 million at the end of the first quarter. “Fiscal year 2024 is off to a solid start with strong financial and operational results. I am pleased with the trajectory and goals we have planned...

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