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Month: February 2024

ANI Pharmaceuticals Reports Fourth Quarter and Record Full-Year 2023 Financial Results and Provides 2024 Guidance

Generated quarterly net revenues of $131.7 million, representing year-over-year growth of 39.7%, net income to common shareholders of $0.7 million, GAAP diluted earnings per share of $0.04 Delivered adjusted non-GAAP EBITDA of $30.2 million, and adjusted non-GAAP diluted earnings per share of $1.00 Rare Disease business delivered Q4 net revenues of $41.7 million, representing quarter-over-quarter growth of 40.4% and year-over-year growth of 137.3% Generated $119.0 million in cash from operating activities during the year, ending Q4 with $221.1 million in cash 2024 guidance issued with net revenues of $520 million to $542 million, adjusted non-GAAP EBITDA of $135 million to $145 million and adjusted non-GAAP earnings per share of $4.26 to $4.67 Guidance includes Purified Cortrophin® Gel (Repository Corticotrophin Injection USP) 80 U/ml...

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OLAPLEX Reports Fourth Quarter and Fiscal Year 2023 Results

SANTA BARBARA, Calif., Feb. 29, 2024 (GLOBE NEWSWIRE) — Olaplex Holdings, Inc. (NASDAQ: OLPX) (“OLAPLEX” or the “Company”) today announced financial results for the fourth quarter and fiscal year ended December 31, 2023. For the fourth quarter 2023 compared to the fourth quarter 2022:Net sales decreased 14.5% to $111.7 million;Net sales decreased 27.9% in the United States and decreased 0.7% internationally By channel:Professional decreased 22.7% to $42.5 million; Direct-To-Consumer decreased 2.8% to $42.0 million; Specialty Retail decreased 16.3% to $27.3 million;Net income decreased 58.1% and adjusted net income decreased 53.9%; Diluted EPS was $0.02 for the fourth quarter 2023, as compared to $0.05 for the fourth quarter 2022; Adjusted Diluted EPS was $0.03 for the fourth quarter 2023, as compared...

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Outbrain Announces David Kostman as Sole CEO with Yaron Galai Remaining as Chairman and Advisor

NEW YORK, Feb. 29, 2024 (GLOBE NEWSWIRE) — Outbrain Inc. (Nasdaq: OB), a leading technology platform that drives business results by engaging people across the Open Internet, announced today that David Kostman will assume the role of sole CEO of Outbrain. The company’s co-Founder and co-CEO, Yaron Galai, who has shared management responsibility with Kostman since 2017, will step down from his role as co-CEO, effective April 1, 2024. Galai will remain the Chairman of the Board and will serve in an advisor role until year-end. “After over 17 years as Outbrain’s CEO, with the last six years partnering closely with David, the Board and I have agreed that it’s the right time for me to step down from the co-CEO position,” said Galai. “I am very proud of the accomplishments of the Outbrain team, and am excited about the company’s strategic...

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Confirmation of the Offer Period

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, NEW ZEALAND, SOUTH AFRICA OR ANY OTHER STATE OR JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (596/2014/EU).COMPANY ANNOUNCEMENT Luxembourg, 29 February 2024 Art Share 002 S.A. (“Art Share 002”), confirms that the closing of the offer period in relation to the private placement of up to 550,000 class B shares of Art Share 002 (the “Class B Shares” or the “Offered Shares”) (the “Offering”) and the determination of the aggregate EUR price equivalent for the Offered Share is scheduled for 5 March 2024. Delivery of the Offered Shares against payment of...

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Auriant Mining AB (publ.) publishes Q4 2023 Interim Report (January – December)

Highlights 12 months 2023, Auriant GroupAmounts in parentheses refer to the same period in the previous year.Gold production in line with the mine plan – 668.3 kg /21,486 oz (780.2 kg /25,082 oz) Gold sales 603.9 kg /19,415 oz (882.2 kg /28,364 oz) Consolidated revenue US$ 37.3 mln (US$ 51.1 mln) Net loss after tax US$ -7.0 mln (profit US$ 7.6 mln) EBITDA US$ 8.4 mln (US$ 15.4 mln) Net cash flow generated from operating activities US$ 4.8 mln (US$ 12.3 mln) Average selling price for gold US$ 1,923 per oz (US$ 1,800 per oz) As of 1 January 2023 the Group changed its functional currency from the US Dollar to Russian Rouble. For all Russian entities the functional currency is the Russian Rouble (RUB). The functional currency of the parent company is Swedish Krona (SEK). The presentation currency is USD (unchanged). In December the terms...

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VEON’s Kyivstar Awarded “Best Mobile Innovation Supporting Emergency or Humanitarian Situations” at GLOMOs

Kyivstar CTO, Volodymyr Lutchenko accepts the GLOMO awardKyivstar CTO, Volodymyr Lutchenko accepts the GLOMO awardBarcelona, 29th February 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, today announces that Kyivstar, its wholly-owned operator in Ukraine, has received the GSMA’s Global Mobile Award – the GLOMO – for “Best Mobile Innovation Supporting Emergency or Humanitarian Situations” for its Network Resilience Project. Kyivstar CTO Volodymyr Lutchenko accepted the award in a ceremony organized as a part of the MWC24, Mobile World Congress in Barcelona. The GLOMO Award recognises the enduring and exemplary work of Kyivstar in keeping Ukraine connected, investing heavily in its network and digital services throughout the war, and overcoming...

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Lulus Teams Up With Gyrl Wonder to Empower Women of Color to Enter Into the Fashion World

With a mission to bridge the gap between young women of color and the careers they aspire to in fashion, media and entertainment, Gyrl Wonder’s collaboration with Lulus will introduce entirely new pathways for girls to enter into the profession of their dreams LOS ANGELES, Feb. 29, 2024 (GLOBE NEWSWIRE) — Lulu’s Fashion Lounge Holdings, Inc. (“Lulus” or the “Company”) (Nasdaq: LVLU), the attainable luxury brand for women, today announced a collaboration with Gyrl Wonder, the renowned nonprofit founded by Tola Lawal that gives rise to ambitious women of color between the ages of 17 – 23. Kicking off on February 29, to mark the close of Black Legacy Month and the start of Women’s History Month, the collaboration will further the nonprofit’s mission of bridging the gap between young women of color and the careers...

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Sterling Reports Fourth Quarter and Full Year 2023 Results

Successful Execution on 2023 Goals and Long-Term StrategyEarly Realization of $25M Annualized Cost Savings TargetSeparately Announces Transaction with First Advantage; Cancels Q4 2023 Earnings Conference Call INDEPENDENCE, Ohio, Feb. 29, 2024 (GLOBE NEWSWIRE) — Sterling Check Corp. (NASDAQ: STER) (“Sterling” or “the Company”) a leading global provider of technology-enabled background and identity verification services, today announced financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Highlights All results compared to prior-year period.Revenues decreased 0.3% year-over-year to $169.4 million. Organic constant currency revenue decreased 2.8% and inorganic revenue growth was 2.2%. Organic revenue growth included a return to our long-term growth target of 7% for new business and...

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Landsea Homes Reports Fourth Quarter and Full Year 2023 Results

Fourth Quarter Net New Home Orders, up 352% Full Year Total Revenue of $1.21 billion Fourth Quarter Home sales revenue of $379.7 million, driven by 664 home closings at an average price of $572,000 Fourth Quarter Net income of $12.5 million, or $0.33 per diluted share Full Year Net Income of $29.2 million or $0.75 per diluted share Entered Colorado market Year-end book value per share of $17.88, an 11.4% increaseDALLAS, Feb. 29, 2024 (GLOBE NEWSWIRE) — Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded homebuilder, reported financial results for the fourth quarter and full year ended December 31, 2023. For the quarter, the Company reported pretax income of $18.8 million, net income of $12.5 million, or $0.33 per diluted share and adjusted net income (a non-GAAP measure) of $16.1 million...

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EXL Reports 2023 Fourth Quarter and Year-End Results(1); Issues 2024 Guidance

2023 Fourth Quarter Revenue of $414.1 Million, up 10.5% year-over-yearQ4 Diluted EPS (GAAP) of $0.24, up 28.2% from $0.19 in Q4 of 2022Q4 Adjusted Diluted EPS (Non-GAAP) (2) of $0.35, up 11.3% from $0.31 in Q4 of 2022 2023 Revenue of $1.63 Billion, up 15.5% year-over-year2023 Diluted EPS (GAAP) of $1.10, up 29.9% from $0.85 in 20222023 Adjusted Diluted EPS (Non-GAAP) (2) of $1.43, up 19.1% from $1.20 in 2022 NEW YORK, Feb. 29, 2024 (GLOBE NEWSWIRE) — ExlService Holdings, Inc. (NASDAQ: EXLS), a leading data analytics and digital operations and solutions company, today announced its financial results for the quarter and full year ended December 31, 2023. Rohit Kapoor, Vice Chairman and Chief Executive Officer, said, “In 2023, we achieved revenue growth of 16% and EPS growth of 19%, despite a challenging macro-economic environment...

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