Month: February 2024

Revenue1 increased 7% to $2.9 billion for the quarter and increased 7% to $9.5 billion for the year Organic Revenue growth of 6% for the quarter and 8% for the year Diluted Earnings per Share were $5.97 for the quarter, up 11% over prior year, and $9.95 for the year, up 11% over prior year Adjusted Diluted Earnings per Share were $7.44 for the quarter, up 18% from prior year, and $14.49 for the year, up 8% over prior year Operating Margin was 26.7% for the quarter, up 70 basis points from prior year, and 14.4% for the year, up 110 basis points over prior year Adjusted Operating Margin was 34.2% for the quarter, up 180 basis points from prior year, and 22.0% for the year, up 110 basis points over prior yearLONDON, Feb. 06, 2024 (GLOBE NEWSWIRE) — WTW (NASDAQ: WTW) (the “Company”), a leading global advisory, broking and solutions...

CALGARY, Alberta, Feb. 06, 2024 (GLOBE NEWSWIRE) — This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this news release. This news release contains references to certain Financial Measures and Ratios, including Adjusted EBITDA (earnings before income taxes, loss (gain) on investments and other assets, gain on acquisition, gain on repurchase of unsecured senior notes, finance charges, foreign exchange, loss on asset decommissioning, gain on asset disposals, and depreciation and amortization), Funds Provided by (Used in) Operations, Net Capital Spending and...

Fourth quarter 2023 reported and adjusted operating income* grew 29% and 21%, respectively Full-year 2023 reported and adjusted EPS* were $9.60 and $9.42, an increase of 31% and 26%, respectively, which includes S. Korea business results that contributed $0.47 and $0.45, respectively Full-year 2023 cash from operations was $1,057 million, up from $152 million in 2022 The Company expects its full-year 2024 outlook for reported EPS to be in the range of $10.20 to $11.15 and adjusted EPS to be in the range of $9.15 to $9.85, reflecting the impact of the S. Korea business divestitureWESTCHESTER, Ill., Feb. 06, 2024 (GLOBE NEWSWIRE) — Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food and beverage manufacturing industry, today reported results for the fourth quarter of 2023 and full-year...

Q4 2023 Revenues and EPS Both Beat Guidance, Gross Margin In-LineGuidance Range Issued on November 9, 2023Company Q1 2024 Guidance: Revenues to Decline 9% to 16% QoQ,Gross Margin is Expected to be around 28.5%, Profit per diluted ADS to be around 2.0 Cents to 5.0 CentsQ4 2023 revenues were $227.7M, a decrease of 4.5% QoQ, exceeding the guidance range of a 5.0% to 11.0% decline QoQ. Q4 GM reached 30.3% Q4 2023 after-tax profit was $23.6M, or 13.5 cents per diluted ADS, compared to $11.2M, or 6.4 cents last quarter Company’s full year 2023 revenues were $945.4M and GM was 27.9%. 2023 profit attributable to shareholders was $0.29 per fully diluted ADS Following quarters of aggressive destocking, inventory decreased to near historical norms by end of 2023 Company’s Q1 2024 revenues to decline 9% to 16% QoQ. GM around 28.5%. Profit per diluted...

SAN CARLOS, Calif., Feb. 06, 2024 (GLOBE NEWSWIRE) — Check Point® Software Technologies Ltd. (NASDAQ: CHKP), today announced its financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023        Total Revenues: $664 million, a 4 percent increase year over year Security Subscriptions Revenues: $266 million, a 15 percent increase year over year Deferred Revenues: $1,908 million, a 2 percent increase year over year GAAP Operating Income: $252 million, representing 38 percent of revenues Non-GAAP Operating Income: $309 million, representing 47 percent of revenues GAAP EPS: $2.15, a 2 percent decrease year over year Non-GAAP EPS: $2.57, a 5 percent increase year over yearFull Year 2023Total Revenues: $2,415 million, a 4 percent increase year over year Security Subscriptions Revenues: $981...