Month: February 2024

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...

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...

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...

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...

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...

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...

SaaS Subscription Revenue(1) of $29.9 million, ahead of previous guidanceOperating loss reduced by 40% year-over-year; Adjusted Operating Loss(2) well ahead of guidanceContinued strong early demand for Coveo Relevance Generative Answering™ from customers Coveo reports in U.S. dollars and in accordance with International Financial Reporting Standards (“IFRS”) MONTREAL and SAN FRANCISCO, Feb. 05, 2024 (GLOBE NEWSWIRE) — Coveo (TSX: CVO), a leading provider of enterprise AI platforms that enable individualized, connected, and trusted digital experiences at scale with semantic search, AI recommendations, and GenAI answering, today announced financial results for its third quarter of fiscal 2024 ended December 31, 2023. “We had a strong third quarter and saw a broad resurgence in new bookings with new and existing customers,”...

ANNOUNCEMENT NO. 250 5 February 2024 Interim report for the first half of 2023/24 – Correction In connection with the previously published interim report for the first half of 2023/24 (announcement no. 249), there were errors in the sales and operating results highlights:EBITDA for the second quarter fell by 36% to DKK 93.1 million, and the EBITDA margin was 48%, compared with 63% in the year-earlier period. EBITDA for the first half fell by 36% to DKK 145.2 million, and the EBITDA margin was 47%, compared with 60% in the year-earlier period.The correct is the following:EBITDA for the second quarter fell by 36% to DKK 51.6 million, and the EBITDA margin was 48%, compared with 63% in the year-earlier period. EBITDA for the first half fell by 36% to DKK 93.1 million, and the EBITDA margin was 47%, compared with 60% in the year-earlier...