Day: May 6, 2024

First Quarter Revenue of $91.1 million First Quarter Variable Marketing Margin of $30.8 million First Quarter Record GAAP Net Income of $1.9 million and Adjusted EBITDA of $7.6 million CAMBRIDGE, Mass., May 06, 2024 (GLOBE NEWSWIRE) — EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, today announced financial results for the first quarter ended March 31, 2024. “We had a strong start to 2024, delivering first quarter results that exceeded the high end of our guidance range for revenue, Variable Marketing Margin, or VMM, and Adjusted EBITDA,” said Jayme Mendal, CEO of EverQuote. “We believe we are in the early stages of what will be a multi-year auto carrier recovery as insurers have continued to selectively reactivate marketing campaigns, increase budgets, and expand their state footprints in our marketplace. ...

Initiated three ORIC-114 Phase 1b expansion cohorts in NSCLC patients with EGFR exon 20 insertion, HER2 exon 20 insertion, or EGFR atypical mutations; updated Phase 1b data expected in the first half of 2025 Presented initial ORIC-944 Phase 1b monotherapy data demonstrating potential best-in-class profile with strong pharmacokinetic, pharmacodynamic, and safety results in patients with prostate cancer; proceeding into combination with AR inhibitor(s) in metastatic prostate cancer Presented updated ORIC-944 preclinical data at the 2024 AACR Annual Meeting highlighting superior drug properties and synergistic activity in combination with AR inhibitors in prostate cancer models Strengthened cash position with $125 million private placement financing in January 2024; cash and investments of $331.5 million expected to fund operating plan into...

Second consecutive quarter of accelerating Y/Y revenue growthPlans to expand fleet by more than 40% to 20 aircraft this summer MIAMI, May 06, 2024 (GLOBE NEWSWIRE) — Global Crossing Airlines Group, Inc. (Cboe CA: JET, Cboe CA: JET.B, OTCQB: JETMF) (the “Company” or “GlobalX”), the Nation’s fastest growing charter airline, today announced its financial and operating results for the first quarter ended March 31, 2024. All figures are in United States dollars and prepared in accordance with U.S. GAAP. Financial and Operational Summary   Q1 2024 Q1 2023 % Change Revenue: $53.8M $32.2M 67% EBITDAR1: $9.3M $0.6M ~16x Net Aircraft Available: 12.5 7.8 60% Total Block Hours: 5,200 3,134 66% Average Utilization Per Aircraft: 416 402 4% “The first quarter of 2024 signifies a robust commencement and the dawn of a new...

SANTA CLARA, Calif., May 06, 2024 (GLOBE NEWSWIRE) — Shockwave Medical, Inc. (Nasdaq: SWAV), a pioneer in the development and commercialization of transformational technologies for the treatment of cardiovascular disease, today reported financial results for the three months ended March 31, 2024. “The solid growth in the first quarter across geographies and products is a testament to the continued demand for our innovative solutions, driven by the unrelenting and extraordinary performance of our global Shockwave teams,” said Doug Godshall, President and Chief Executive Officer of Shockwave Medical. “Our team is looking forward to continuing our mission as part of Johnson & Johnson and to working together to bring our life-changing therapies to even more patients across the globe.” First Quarter 2024 Financial Results Revenue...

Annualized Recurring Revenue hits record $96 million, up 21% year-over-year Net loss improved 33% year-over-year; Non-GAAP net loss improved 80% year-over-year Cash used in operating activities improved 81% year-over-year Net Dollar Expansion rate of 107% Total subscribers reach 1.0 million, up 30% year-over-year Square feet under management reached 40.7 billion, up 35% from prior year SUNNYVALE, Calif., May 06, 2024 (GLOBE NEWSWIRE) — Matterport, Inc. (Nasdaq: MTTR) (“Matterport” or the “Company”), the leading spatial data company driving the digital transformation of the built world, today announced financial results for the quarter ended March 31, 2024. “I’m pleased to announce our first quarter 2024 results, which reflect our continued success in driving efficient growth for the company,” said RJ Pittman, Chairman...