Month: May 2024

WalkMe Ltd. Announces First Quarter 2024 Financial Results

Written by Customer Service on May 22, 2024. Posted in Earnings Releases And Operating Results.

1Q24 Revenue of $68.6 million at the high end of the guidance range. 1Q24 Non-GAAP Operating Income of $4.4 million or 6% compared to a loss of ($8.8) million or (13%) in 1Q23. Record high Free Cash Flow of $16.6 million and 24% margin compared to cash burn of ($8.3) million and (13%) in 1Q23. Introducing WalkMeX, the industry’s first always on, contextual AI copilot that proactively delivers next best actions to users across any workflow or application.SAN FRANCISCO, May 22, 2024 (GLOBE NEWSWIRE) — WalkMe Ltd. (NASDAQ:WKME), a leading provider of digital adoption solutions for effectively navigating technology change, today announced financial results for its first quarter ended March 31, 2024. Management Commentary “Q1 has been a great kickoff as we turn the corner on growth with a focus on doubling our net new ARR in 2024,”...

BrightSpring Health Services Announces Recently Closed Acquisitions in Multiple Markets

Written by Customer Service on May 22, 2024. Posted in Mergers And Acquisitions.

LOUISVILLE, Ky, May 22, 2024 (GLOBE NEWSWIRE) — BrightSpring Health Services (“BrightSpring” or “the Company”) (NASDAQ: BTSG), a leading provider of home and community-based health services for complex populations, today announced several recent tuck-in and strategic acquisitions as part of its historical and ongoing strategy to drive geographic penetration and expansion, integrated care, and Company growth. “We are excited to welcome these companies into our organization and further strengthen our medical and pharmacy services coverage for individuals in home health to long-term care settings,” said BrightSpring’s President and CEO Jon Rousseau. “At BrightSpring, we strive to grow and integrate our service lines to reach more people in need across the care continuum, endeavoring as best possible to deliver high-quality and impactful...

PDD Holdings Announces First Quarter 2024 Unaudited Financial Results

Written by Customer Service on May 22, 2024. Posted in Earnings Releases And Operating Results.

DUBLIN and SHANGHAI, May 22, 2024 (GLOBE NEWSWIRE) — PDD Holdings Inc. (“PDD Holdings” or the “Company”) (NASDAQ: PDD), today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 HighlightsTotal revenues in the quarter were RMB86,812.1 million (US$112,023.3 million), an increase of 131% from RMB37,637.1 million in the same quarter of 2023. Operating profit in the quarter was RMB25,973.7 million (US$3,597.3 million), an increase of 275% from RMB6,929.0 million in the same quarter of 2023. Non-GAAP2 operating profit in the quarter was RMB28,552.2 million (US$3,954.4 million), an increase of 237% from RMB8,462.4 million in the same quarter of 2023. Net income attributable to ordinary shareholders in the quarter was RMB27,997.8 million (US$3,877.7 million), an increase of 246% from...

Photronics Reports Second Quarter Fiscal 2024 Results

Written by Customer Service on May 22, 2024. Posted in Earnings Releases And Operating Results.

BROOKFIELD, Conn., May 22, 2024 (GLOBE NEWSWIRE) — Photronics, Inc. (NASDAQ:PLAB), a worldwide leader in photomask technologies and solutions, today reported financial results for its second quarter of fiscal year 2024 ended April 28, 2024. “Second quarter revenue and gross margin were in line with the first quarter as positive seasonality trends were offset by business headwinds primarily related to temporary soft demand following the Chinese New Year holiday and the impact from earthquakes in Taiwan beginning in early April,” said Frank Lee, chief executive officer. “Order rates, which typically pause during Lunar New Year, have recovered at a slower rate than we typically observe. In addition, the recent earthquakes in Taiwan caused a loss of production across both IC and FPD, resulting in an approximately $3 million revenue...

Formula Systems Reports First Quarter 2024 Financial Results

Written by Customer Service on May 22, 2024. Posted in Earnings Releases And Operating Results.

Revenues for the First Quarter Increased by 4.2% Year Over Year to $698.4 Million. Net Income for the First Quarter Increased by 9.4% Year Over year to $17.2 Million. OR YEHUDA, Israel, May 22, 2024 (GLOBE NEWSWIRE) — Formula Systems (1985) Ltd. (Nasdaq and TASE: FORTY) (“Formula” or the “Company”), a global information technology group engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, today announced its results for the first quarter ended March 31, 2024. Financial Highlights for the First Quarter Ended March 31, 2024 Revenues for the first quarter ended March 31, 2024 increased by 4.2% to $698.4 million, compared to $670.4 million in the same period last year. On a constant-currency basis (calculated...

TransUnion to Present at Upcoming Investor Conferences in New York and Chicago

Written by Customer Service on May 22, 2024. Posted in Public Companies.

CHICAGO, May 22, 2024 (GLOBE NEWSWIRE) — TransUnion (NYSE: TRU) today announced that the company will be presenting at the following investor conferences: On Wednesday, May 29, 2024, Chris Cartwright, President and CEO, will present at the Bernstein Strategic Decisions Conference. The presentation is scheduled to begin at 9:00 a.m. CT (10:00 a.m. ET). On Tuesday, June 4, 2024, Todd Cello, Executive Vice President, Chief Financial Officer, will present at the Baird Global Consumer, Technology and Services Conference. The presentation is scheduled to begin at 8:40 a.m. CT (9:40 a.m. ET). On Thursday, June 6, 2024, Chris Cartwright, President and CEO, and Todd Cello, Executive Vice President, Chief Financial Officer, will present at the William Blair Growth Stock Conference. The presentation is scheduled to begin at 8:40 a.m. CT (9:40...

Lands’ End Announces First Quarter 2024 Earnings Conference Call

Written by Customer Service on May 22, 2024. Posted in Public Companies.

DODGEVILLE, Wis., May 22, 2024 (GLOBE NEWSWIRE) — Lands’ End, Inc. (NASDAQ: LE) will host a conference call at 8:30 a.m. Eastern Time on Wednesday, June 5, 2024, to discuss its first quarter 2024 financial results. A news release containing these results will be issued before the call. Listeners may access a live broadcast of the conference call on the Company’s investor relations website: http://investors.landsend.com/ in the Events and Presentations section. An online archive of the broadcast will be available at approximately noon on June 5, 2024, and will be accessible on the Company’s website: http://investors.landsend.com/ in the Events and Presentations section. About Lands’ End, Inc. Lands’ End, Inc. (NASDAQ:LE) is a leading digital retailer of solution-based apparel, swimwear, outerwear, accessories, footwear,...

BlackLine, Inc. Announces Upsize and Pricing of Offering of $600,000,000 of Convertible Senior Notes

Written by Customer Service on May 22, 2024. Posted in Public Companies.

LOS ANGELES, May 22, 2024 (GLOBE NEWSWIRE) — BlackLine, Inc. (Nasdaq: BL), today announced the pricing of $600,000,000 aggregate principal amount of 1.00% convertible senior notes due 2029 (the “notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The aggregate principal amount of the offering was increased from the previously announced offering size of $500,000,000. BlackLine also granted the initial purchaser of the notes a 13-day option to purchase up to an additional $90,000,000 aggregate principal amount of the notes. The sale of the notes is expected to close on May 24, 2024, subject to customary closing conditions. The notes will be senior unsecured obligations of BlackLine. The notes will bear interest at a rate of 1.00%...

TRESU Investment Holding A/S – Announcement of Q1 2024 Interim Report

Written by Customer Service on May 22, 2024. Posted in Earnings Releases And Operating Results.

TRESU INVESTMENT HOLDING A/S ANNOUNCEMENT NO. 05.2024 22.05.2024 TRESU Investment Holding A/S – Announcement of Q1 2024 Interim Report Tresu Investment Holding A/S today publishes the Q1 2024 Interim Report and presentation of the financial results. We are pleased to invite you to the financial results call, which is being held Wednesday, 29 May 2024, at 2pm CET. The Interim Report will be presented by Stephan Plenz, CEO and Torben Børsting, CFO. After the presentations there will be an opportunity for Q+A. A recording of the results call will be made available for four hours on the TRESU IR website. To register for the investor call, please send an e-mail to Financial manager at TRESU A/S, Finn Holm, no later than 28 May 2024 9am CET – fho@tresu.com Stephan plenz CEO, TRESU For further...

Philips ePatch and AI analytics platform rolled out to 14 hospitals across Spain to monitor heart patients

Written by Customer Service on May 22, 2024. Posted in Public Companies.

Woman wearing Philips ePatchPhilips ePatchDr. Jorge Pagola Val dHebronPhilips Cardiologs AI analytics platformMay 22, 2024Philips wearable ePatch and AI analytics platform help detect potentially life-threatening irregular heartbeats The solution helps University Hospital Vall d’Hebron achieve reduced average length of stay, relieve emergency room pressure, and reduce costsAmsterdam, the Netherlands, and Madrid, Spain – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the successful nationwide rollout of its ambulatory cardiac monitoring service in Spain using its unique wearable ePatch paired with its AI-driven Cardiologs analytics platform. 14 Spanish healthcare providers across the country are now using the company’s ePatch extended wear Holter monitors...

Month: May 2024

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