Day: February 6, 2024

Full year revenue grew 20% year-over-year for both as reported and constant currency Fourth quarter revenue grew 20% year-over-year, 19% adjusting for constant currency Improved business efficiency with $30.9 million in net cash provided by operating activities and $28.6 million of free cash flow in the quarterSAN MATEO, Calif., Feb. 06, 2024 (GLOBE NEWSWIRE) — Freshworks Inc. (NASDAQ: FRSH), a leading software company empowering businesses to delight their customers and employees, today announced financial results for its fourth quarter and full year ended December 31, 2023. “At Freshworks, we delivered a strong finish to the year, outperforming our financial estimates across the board in Q4,” said Girish Mathrubootham, CEO and Founder of Freshworks. “2023 was a defining year for us. We unleashed the power of the latest generative...

GUSTO half page adGUSTO half page adQuarter End AUM of $31.1 billion; Average AUM of $29.5 billion for the Fourth Quarter Operating Margin of 27.6% for the Fourth Quarter and 28.1% for full year 2023 Fourth Quarter Fully Diluted EPS of $0.66 versus $0.52 for Third Quarter 2023 and $0.83 in the Fourth Quarter of 2022 2023 Fully Diluted EPS of $2.38 versus $2.51 for 2022 Ended 2023 with $166.0 million in cash and cash equivalentsGREENWICH, Conn., Feb. 06, 2024 (GLOBE NEWSWIRE) — GAMCO Investors, Inc. (“GAMI”) (OTCQX: GAMI) today reported its operating results for the quarter ended December 31, 2023. Financial Highlights (In thousands, except percentages and per share data)                  Three Months Ended   % Change From      December 31, 2023   September 30, 2023   December 31, 2022   September 30, 2023   December...

ORLANDO, Fla., Feb. 06, 2024 (GLOBE NEWSWIRE) — Gencor Industries, Inc. (the “Company” or “Gencor”) (NYSE American: GENC) announced today net revenues for the quarter ended December 31, 2023 of $26,018,000 increased slightly over net revenues for the quarter ended December 31, 2022 of $25,825,000. Increased revenues from parts sales and contract equipment sales recognized over time were mostly offset by decreased revenues from contract equipment sales recognized at a point in time. As a percent of sales, gross profit margins improved to 29.0% in the quarter ended December 31, 2023, compared to 22.5% in the quarter ended December 31, 2022 on improved manufacturing efficiencies and favorable price realization. Product engineering and development expenses decreased $96,000 to $801,000 for the quarter ended December 31, 2023, as compared...

Fourth Quarter 2023 HighlightsTotal revenue of $1.42 billion, up 10.3% year over year Billings of $1.86 billion, up 8.5% year over year1 GAAP operating income of $385 million Non-GAAP operating income of $454 million1 GAAP operating margin of 27.2% Non-GAAP operating margin of 32.0%1 Cash paid for share repurchases of $896 millionFull Year 2023 HighlightsTotal revenue of $5.30 billion, up 20% year over year Service revenue of $3.38 billion, up 28% year over year Billings of $6.40 billion, up 14% year over year1 Deferred revenue of $5.74 billion, up 24% year over year GAAP operating income of $1.24 billion, up 28% year over year Non-GAAP operating income of $1.51 billion, up 25% year over year1 GAAP operating margin of 23.4% Non-GAAP operating margin of 28.4%1 GAAP diluted net income per share attributable to Fortinet, Inc. of $1.46,...

Second quarter SaaS and support revenue of $77.1 million, up 25% year-over-year Second quarter total revenue of $103.9 million, up 23% year-over-year Cloud annual recurring revenue (ARR) of $256.1 million, up 34% year-over-yearPALO ALTO, Calif. , Feb. 06, 2024 (GLOBE NEWSWIRE) — Intapp, Inc. (NASDAQ: INTA), a leading provider of cloud software for the global professional and financial services industry, announced financial results for its second quarter ended December 31, 2023. Intapp also provided its outlook for the third quarter and updated outlook for the full fiscal year of 2024. “We are pleased to report solid second quarter performance, built on the addition of new clients, the expansion of existing client accounts, and the market’s appetite for cloud transformation,” said John Hall, CEO of Intapp. “We’re excited about...

Q2 FY 2024 Diluted Earnings Per Share of $0.57 Repurchase of 440,092 Common Shares for $12 Million Asset Backed Securitization Notes Payable paid off at Maturity Company reaffirms regular quarterly cash dividend policy of $0.20 per share EL SEGUNDO, Calif., Feb. 06, 2024 (GLOBE NEWSWIRE) — A-Mark Precious Metals, Inc. (NASDAQ: AMRK), a leading fully integrated precious metals platform, reported results for the fiscal second quarter ended December 31, 2023. Management Commentary “Our second quarter results reflect the strength of our fully-integrated platform to generate profitable results,” said A-Mark CEO Greg Roberts. “Despite continued softened demand, we delivered $0.57 per diluted share, $25.1 million of non-GAAP EBITDA, and continued to enhance shareholder value by increasing our share repurchase program by buying back 440,092...

JOHANNESBURG, South Africa, Feb. 06, 2024 (GLOBE NEWSWIRE) — Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the second quarter ended December 31, 2023 (“Q2 2024”). Performance Highlights for Q2 2024:Revenue of $143.9 million (ZAR 2.7 billion)1 in Q2 2024, compared to $136.1 million (ZAR 2.4 billion)1 for the second quarter ended December 31, 2022 (“Q2 2023”). In South African Rand (“ZAR”), revenue grew 13%. Operating income of $2.3 million (ZAR 42.5 million) for the quarter, compares to an operating loss of $2.2 million (ZAR 38.4 million) in Q2 2023, driven by successful execution against our strategy and growth in the Consumer and Merchant Divisions. Operating income for Q2 2024, includes a $1.0 million (ZAR 17.6 million) non-cash gain related to the release of a foreign currency translation reserve...

FREMONT, Calif., Feb. 06, 2024 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, announced today financial results for the fourth quarter of 2023, which included the summary below from its President and CEO, Badri Kothandaraman. We reported quarterly revenue of $302.6 million in the fourth quarter of 2023, along with 50.3% for non-GAAP gross margin. We shipped 1,595,677 microinverters, or approximately 660.1 megawatts DC, and 80.7 megawatt hours of IQ® Batteries. Financial highlights for the fourth quarter of 2023 are listed below:Quarterly revenue of $302.6 million GAAP gross margin of 48.5%; non-GAAP gross margin of 50.3%, with net IRA benefit Non-GAAP gross margin of 41.8%, excluding net IRA benefit of...

Earnings Release: Monday, February 12, 2024, After Market Closes Conference Call and Webcast: Tuesday, February 13, 2024, at 10:00 A.M. Eastern Time MONACO, Feb. 06, 2024 (GLOBE NEWSWIRE) — Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it will release its results for the fourth quarter ended December 31, 2023, after the market closes in New York on Monday, February 12, 2024. On Tuesday, February 13, 2024, at 10:00 A.M. Eastern Time, the Company’s management team will host a conference call to discuss the financial results. Conference Call Details:Participants should dial into the call 10 minutes before the scheduled time using the following numbers: +1 877 405 1226 (US Toll-Free Dial In) or +1 201 689 7823 (US and Standard International Dial...