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Day: March 14, 2024

GoHealth Reports Fourth Quarter and Fiscal 2023 Results

CHICAGO, March 14, 2024 (GLOBE NEWSWIRE) — GoHealth, Inc. (NASDAQ: GOCO) (“GoHealth” or the “Company”), a leading health insurance marketplace and Medicare-focused digital health company, today announced unaudited financial results for the fourth quarter and year ended December 31, 2023.The Company generated $109.1 million of cash flow from operations in 2023, a substantial 79.2% improvement compared to $60.9 million in the prior year period. The percentage of revenue earned from non-agency sales in the fourth quarter was 60% of Medicare revenue, compared to 26% in 2022. This shift to non-agency operating model continues to drive cash generation. Fourth quarter 2023 net revenues were $276.7 million, compared to $69.4 million in the prior year period. Full year 2023 net revenues were $734.7 million, compared to $631.7 million...

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Mondee Reports Preliminary Unaudited Q4 & FY 2023 Results

– Record Net Revenues and Adjusted EBITDA, exceeding guidance– Q4 23 Net Revenues of $61.1M, up 78% from prior-year quarter, on Gross Bookings of $619M– Q4 23 Adjusted EBITDA of $6.9M, up 338% from prior-year quarter– Q4 23 Take Rate of 9.9%, up 44% from prior-year quarter AUSTIN, Texas, March 14, 2024 (GLOBE NEWSWIRE) — Mondee Holdings, Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), a leading travel marketplace and artificial intelligence (AI) technology company, today announced preliminary unaudited financial results for the three-month period and full-year ended December 31, 2023. “Mondee is pleased to report record net revenues and Adjusted EBITDA in Q4 and full year 2023 (“FY 23”), exceeding guidance. This strong year-over-year growth was fueled by product and geographic expansion of our...

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Xunlei Announces Unaudited Fourth Quarter and Full Year 2023 Financial Results

SHENZHEN, China, March 14, 2024 (GLOBE NEWSWIRE) — Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading technology company providing distributed cloud services in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights:Total revenues were US$77.1 million, a decrease of 20.4% year-over-year.Cloud computing revenues were US$30.5 million, a decrease of 4.4% year-over-year.Subscription revenues were US$31.6 million, representing an increase of 26.8% year-over-year.Live streaming and other internet value-added services (“Live streaming and other IVAS”) revenues were US$15.0 million, a decrease of 62.5% year-over-year.Gross profit was US$40.1 million, representing an increase of 6.5% year-over-year, and...

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Sylogist Reports Record Fourth Quarter and Full Year 2023 Results

CALGARY, Alberta, March 14, 2024 (GLOBE NEWSWIRE) — Sylogist Ltd. (TSX: SYZ) (“Sylogist” or the “Company”), a leading public sector SaaS company, today announced its financial results for the fourth quarter and full year ended December 31, 2023. Q4 2023 Financial HighlightsTotal Revenue Recurring Revenue SaaS Subscription Revenue(in millions)Reported CC Reported CC Reported CC  $16.2     $16.1     $10.5     $10.5     $7.0     $7.0    +5.4%     +5.2%     +8.5%     +8.3%     +15.7%     +15.5%  Total revenue of $16.2 million, up 5.4% Y/Y; Recurring revenue of $10.5 million, up 8.5% Y/Y; SaaS subscription revenue of $7.0 million, up 15.7% Y/Y; Total ARR of $42.2 million up 11% Y/Y; SaaS ARR at $27.6 million up 13% Y/Y; SaaS revenue as percentage of total recurring revenue at 67%; SaaS NRR...

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Ducommun Incorporated Named to Newsweek’s List of Most Responsible Companies for 2024

SANTA ANA, Calif., March 14, 2024 (GLOBE NEWSWIRE) — Ducommun Incorporated (NYSE: DCO), a global supplier of innovative electronic systems and structural solutions for the aerospace and defense industry, has been named to Newsweek’s list of Most Responsible Companies 2024, recognizing organizations for their unwavering commitment to corporate social responsibility (CSR) and long-term sustainability. Newsweek’s annual list of America’s Most Responsible Companies was produced in collaboration with data firm Statista, a global data and business intelligence platform with an extensive collection of statistics, reports, and insights on over 80,000 topics from 22,500 sources in 170 industries. The America’s Most Responsible Companies 2024 ranking focuses on a holistic view of corporate responsibility based on two metrics: 30 key performance...

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Karolinska Development’s portfolio company Biosergen publishes prospectus due to rights issue of units

STOCKHOLM, Sweden, March 14 2024. Karolinska Development AB (Nasdaq Stockholm: KDEV) announces that its portfolio company Biosergen has published a prospectus for the issue of units that was approved during a extraordinary general meeting on March 1, 2024. The prospectus has been approved by the Swedish Financial Supervisory Authority and contains complete terms and conditions for the issue of units of shares and warrants with preferential rights for existing shareholders. The prospectus is now available on the company website. The subscription period will run from March 7, 2024, up to, and including, March 21, 2024. Karolinska Development’s shareholding in Biosergen, through ownership by KDev Investments, amounts to 2 percent. For further information, please contact: Viktor Drvota, CEO, Karolinska Development AB Phone: +46 73 982...

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KE Holdings Inc. Announces a Final Cash Dividend of US$0.4 Billion in Aggregate

BEIJING, March 14, 2024 (GLOBE NEWSWIRE) — KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE and HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced that its board of directors (the “Board”) approved a final cash dividend (the “Dividend”) of US$0.117 per ordinary share, or US$0.351 per ADS, to holders of ordinary shares and holders of ADSs of record as of the close of business on April 5, 2024, Beijing/Hong Kong Time and New York Time, respectively, payable in U.S. dollars. The aggregate amount of the Dividend to be paid will be approximately US$0.4 billion, which will be funded by cash surplus on the Company’s balance sheet. For holders of ordinary shares, in order to qualify for the Dividend, all valid documents for the transfer of shares accompanied by the...

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Interim report Q1 2023/24

Roblon’s revenue and earnings for the first quarter of 2023/24 were in line with expectations Selected financial highlightsThe Group’s order intake amounted to DKKm 81.0 in Q1 2023/24 (DKKm 100.1), and at 31 January 2024, the Group’s order book stood at DKKm 85.0 (DKKm 132.5). Revenue of DKKm 72.4 (DKKm 81.3). Gross margin of 52.4% (52.5%). Operating loss before depreciation, amortisation and impairment and special items (EBITDA) of DKKm 0.8 (a profit of DKKm 3.5). Operating loss before special items (EBIT) of DKKm 7.4 (a loss of DKKm 3.5). Financial items amounted to a net expense of DKKm 1.7 (net expense of DKKm 1.9). Loss before tax of DKKm 9.1 (a profit of DKKm 5.5)Full-year guidance for 2023/24: Management maintains the previously announced guidance of revenue of around DKKm 370, an operating profit before depreciation, amortisation...

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UCLOUDLINK GROUP INC. Announces Unaudited Fourth Quarter and Full Year 2023 Financial Results

HONG KONG, March 14, 2024 (GLOBE NEWSWIRE) — UCLOUDLINK GROUP INC. (“UCLOUDLINK” or the “Company”) (NASDAQ: UCL), the world’s first and leading mobile data traffic sharing marketplace, today announced its unaudited financial results for the three months and year ended December 31, 2023. Fourth Quarter 2023 Financial HighlightsTotal revenues were US$21.7 million, representing an increase of 10.8% from US$19.6 million in the fourth quarter of 2022. Gross profit was US$11.3 million, representing an increase of 12.2% from US$10.1 million in the fourth quarter of 2022. Loss from operations was US$1.9 million, compared to a loss from operations of US$1.1 million in the fourth quarter of 2022. Net loss was US$1.8 million, compared to a net loss of US$1.1 million in the fourth quarter of 2022. Adjusted net income (non-GAAP) was US$1.1...

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Panostaja Oyj’s Business Review Q1 November 1, 2023–January 31, 2024

Panostaja Oyj        Business Review Q1     March 14, 2024      at 10.00 a.m. Panostaja Oyj’s Business Review November 1, 2023–January 31, 2024Measures to improve profitability continueNovember 2023-January 2024 (3 months) in brief:Net sales increased in one of our four segments. Net sales for the Group as a whole dropped by 6.1% to MEUR 33.3 (MEUR 35.5). EBIT improved in one of the four segments. The entire Group’s EBIT declined from the reference period, standing at MEUR -0.4 (MEUR 0.1). Grano’s net sales for the review period dropped by 8% from the reference period. EBIT totaled MEUR 0.2 (MEUR 0.8). Earnings per share (undiluted) were -1.6 cents (-1.5 cents).CEO Tapio Tommila: “In the first quarter of the financial period, the market environment remained challenging and customer caution with regard to procurement decisions continued...

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