Month: May 2024

First Quarter 2024Worldwide revenue of $370.0 million, an increase of 23.0% from first quarter 2023  GAAP fully diluted net income per share of $1.87, compared to GAAP fully diluted net loss per share of $0.04 in first quarter 2023. Adjusted fully diluted net income per share of $1.69 compared to adjusted fully diluted net income per share of $1.47 in the first quarter 2023 The Company increases full year 2024 net revenue and earnings guidance and provides guidance for the second quarter 2024BEDFORD, Mass., May 02, 2024 (GLOBE NEWSWIRE) — Lantheus Holdings, Inc. (the Company) (NASDAQ: LNTH), the leading radiopharmaceutical-focused company committed to enabling clinicians to Find, Fight and Follow disease to deliver better patient outcomes, today reported financial results for its first quarter ended March 31, 2024. “Strong...

Harsco Rail Now Reported Within Continuing Operations As Sales Process is PausedFirst Quarter Revenues Totaled $600 Million, an Increase of 7 Percent Over the Prior-Year QuarterQ1 GAAP Operating Income of $26 MillionAdjusted EBITDA in Q1 Totaled $78 million, an Increase of 19 Percent Over the Prior-Year QuarterHarsco Environmental and Clean Earth Adjusted Earnings Growth (Year-on-Year) Exceeded Prior Guidance for the Quarter2024 Adjusted EBITDA Now Expected to be Within Range of $325 Million and $342 Million Including Harsco RailPHILADELPHIA, May 02, 2024 (GLOBE NEWSWIRE) — Enviri Corporation (NYSE: NVRI) today reported first quarter 2024 results. Revenues in the first quarter of 2024 totaled $600 million, an increase of 7 percent compared with the comparable quarter in 2023. GAAP operating income from continuing...

Adjusted EBITDA(1) growth of 5% YOYDigital-only subscription revenue increased 48%(2) with subscriptions up 25%Total Digital Revenue(3) of $71M represented 48% of total revenue DAVENPORT, Iowa, May 02, 2024 (GLOBE NEWSWIRE) — Lee Enterprises, Incorporated (NASDAQ: LEE), a digital-first subscription platform providing high quality, trusted, local news, information and a major platform for advertising in 73 markets, today reported preliminary second quarter fiscal 2024 financial results(4) for the period ended March 24, 2024. “Lee delivered strong second quarter operating results as we improved overall revenue trends, managed operating expenses, and grew Adjusted EBITDA,” said Kevin Mowbray, Lee’s President and Chief Executive Officer. “We are pleased with our impressive digital subscription revenue growth and expanding...

Fiscal 2023Sales of $60.6 million Net loss of $13.8 million Adjusted EBITDA of negative $5.4 million Cash position of $12.6 million Company enters into non-binding term sheet for revolving line of credit of up to $12.0 millionQ4 Fiscal 2023Sales of $24.4 million Net loss of $3.9 million Adjusted EBITDA of $0.5 millionMONTREAL, May 02, 2024 (GLOBE NEWSWIRE) — DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today its fourth quarter and full-year results for the period ended February 3, 2024 (“Fiscal 2023”). “Fiscal 2023 was a challenging year as our online business didn’t perform as well as other channels,” said Sarah Segal, Chief Executive Officer and Chief Brand Officer, DAVIDsTEA. “Our results proved to be lower than expected, caused primarily by a slower...

Continued growth and resiliency from highly diversified recurring services First quarter operating highlights:  Three months ended  March 31(in millions of US$, except EPS)   2024     2023             Revenues $ 1,002.0   $ 965.9  Adjusted EBITDA (note 1)   108.7     104.6  Adjusted EPS (note 2)   0.77     0.86             GAAP operating earnings   43.3     22.1  GAAP diluted net earnings (loss) per share   0.26     (0.47 )TORONTO, May 02, 2024 (GLOBE NEWSWIRE) — Colliers International Group Inc. (NASDAQ and TSX: CIGI) (“Colliers” or the “Company”) today announced operating and financial results for the first quarter ended March 31, 2024. All amounts are in US dollars. For the seasonally slow first quarter ended March 31, 2024, revenues were $1.0 billion, up 4% (4% in local currency) and Adjusted...

Net income of $30 million and diluted earnings per share of $3.74; annualized return on equity of 29% Adjusted pre-tax income of $14 million, driven by servicing segment; achieved 13.8% annualized adjusted pre-tax return on equity Repurchased $47 million in PHH senior secured notes below par $23 billion in total servicing additions ($19 billion in subservicing additions) Moody’s Ratings upgraded corporate family rating to B3 in April 2024WEST PALM BEACH, Fla., May 02, 2024 (GLOBE NEWSWIRE) — Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced its first quarter 2024 results and provided a business update. The Company reported GAAP net income of $30 million for the first quarter with an adjusted pre-tax income of $14 million (see “Note Regarding...

Reiterates Fiscal Year 2024 Guidance NEW YORK, May 02, 2024 (GLOBE NEWSWIRE) — Olaplex Holdings, Inc. (NASDAQ: OLPX) (“OLAPLEX” or the “Company”) today announced financial results for the first quarter ended March 31, 2024. Amanda Baldwin, OLAPLEX’s Chief Executive Officer, commented: “Our first quarter results represent progress on the business transformation plan that we outlined earlier this year. I am encouraged with our performance to date and believe we are well-positioned to achieve our goals for 2024.” For the first quarter 2024 compared to the first quarter 2023:Net sales decreased 13.1% to $98.9 million;By channel:Professional decreased 19.9% to $38.7 million; Specialty Retail decreased 1.2% to $34.4 million; Direct-To-Consumer decreased 15.7% to $25.7 million;Net sales increased...

HOUSTON, May 02, 2024 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported first quarter 2024 results. First quarter 2024 net income attributable to Targa Resources Corp. was $275.2 million compared to $497.0 million for the first quarter of 2023. The Company reported record adjusted earnings before interest, income taxes, depreciation and amortization, and other non-cash items (“adjusted EBITDA”)(1) of $966.2 million for the first quarter of 2024 compared to $940.6 million for the first quarter of 2023. HighlightsRecord adjusted EBITDA for the first quarter of $966.2 million Record Permian and liquefied petroleum gas (“LPG”) export volumes during the first quarter Starting up its new 120 thousand barrels per day (“MBbl/d”) Train 9 fractionator in Mont Belvieu, TX in early May Announced...

Net sales of $953 million decreased (2.6%), organic sales decreased (1.9%) GAAP gross margin of 53.1%, GAAP net income of $18 million or $0.09 per share Adjusted EBITDA margin of 16.8%, adjusted EPS of $0.42 Maintaining FY24 outlook for organic sales and adjusted EPS, trending towards the low-end of both ranges; reported sales adjusted for additional foreign currency impact Company expects to repurchase up to $150 million of its common stock in Q2 2024CHARLOTTE, N.C, May 02, 2024 (GLOBE NEWSWIRE) — DENTSPLY SIRONA Inc. (“Dentsply Sirona” or the “Company”) (Nasdaq: XRAY) today announced its financial results for the first quarter of 2024. First quarter net sales of $953 million decreased (2.6%) (organic sales decreased (1.9%)), compared to the first quarter of 2023. Net income (loss) was $18 million, or $0.09 per...

Strong start to the year with sales growth of 27% on a reported basis and strong adjusted margin expansion Reported first-quarter net loss from continuing operations of $1.32 per share with adjusted earnings per diluted share of $0.50Wilmington, DE, May 02, 2024 (GLOBE NEWSWIRE) —   Enovis™ Corporation (NYSE: ENOV), an innovation-driven medical technology growth company, today announced its financial results for the first quarter ended March 29, 2024. The Company will host an investor conference call and live webcast to discuss these results today at 8:00 am ET. First Quarter 2024 Financial Results Enovis’ first-quarter net sales of $516 million grew 27% on a reported basis and 5% on a proforma basis from the same quarter in 2023. First-quarter results reflect continued execution in P&R, strong growth in Recon, and...