August 7, 2024 – Page 16

Playtika Holding Corp. Reports Q2 2024 Financial Results

Written by Customer Service on August 7, 2024. Posted in Earnings Releases And Operating Results.

Revenue of $627.0 million and Direct-to-Consumer (“DTC”) Revenue of $173.7 millionDTC Platforms Revenue Increased 1.3% Sequentially and 5.1% Year Over YearGAAP Net Income of $86.6 million and Credit Adj. EBITDA of $191.0 million HERZLIYA, Israel, Aug. 07, 2024 (GLOBE NEWSWIRE) — Playtika Holding Corp. (NASDAQ: PLTK) today released financial results for its second quarter for the period ending June 30, 2024. Financial Highlights Revenue of $627.0 million decreased (3.7)% sequentially and (2.5)% year over year. DTC platforms revenue of $173.7 million increased 1.3% sequentially and 5.1% year over year. Net income of $86.6 million increased 63.4% sequentially and 14.4% year over year. Credit Adjusted EBITDA of $191.0 million increased 2.9% sequentially and decreased (11.2)% year over year. Cash, cash equivalents, and short-term investments...

Pharmacosmos Group to Acquire G1 Therapeutics

Written by Customer Service on August 7, 2024. Posted in Mergers And Acquisitions.

– Business Combination Expected to Provide Patients with Extensive Stage Small Cell Lung Cancer (ES-SCLC) Optimal Access to G1’s COSELA® (trilaciclib), the First and Only Proactive Multilineage Myeloprotection Agent – – Pharmacosmos’ Significant Resources and Expertise in Hematology and Supportive Care to Maximize Availability of COSELA for Patients with ES-SCLC – – Transaction Expands and Strengthens Pharmacosmos’ Global Commercial Portfolio – – G1’s Shareholders to Receive U.S. $7.15 per Share in Cash for a Total Equity Value of Approximately $405 Million – RESEARCH TRIANGLE PARK, N.C. and HOLBAEK, Denmark, Aug. 07, 2024 (GLOBE NEWSWIRE) — G1 Therapeutics, Inc. (Nasdaq: GTHX), a commercial-stage oncology company focused on delivering next-generation therapies that improve the lives...

Taboola Reports Strong Q2 2024, Beating Revenues, ex-TAC and Adj. EBITDA; Reiterating ex-TAC, Adj. EBITDA and Free Cash Flow Guidance in 2024

Written by Customer Service on August 7, 2024. Posted in Earnings Releases And Operating Results.

Growth Rates Accelerate in Q2 and FY 2024 Q2 2024 and FY 2024 Key Highlights Q2 Financials – Beat on Revenues, ex-TAC and Adj. EBITDA; Growth rates accelerate Q2 2024 Results: Revenues $428M, Gross profit $115M, ex-TAC Gross Profit $150M, Net loss $4M, Non-GAAP Net Income $23M, Adj. EBITDA $37M, Free Cash Flow $26M Strong YoY growth: Revenues +29%, ex-TAC +21%, Adj. EBITDA +138%, FCF +237% Strong Free Cash Flow conversion: 70%+ from Adj. EBITDA Reiterating 2024 ex-TAC, Adj EBITDA, FCF Guidance; Growth rates accelerate across all metrics Initiating Q3 guidance: $431M in Revenues (+20% YoY), $134M Gross profit (+33% YoY), $164M ex-TAC Gross Profit (+28% YoY), $47M Adj. EBITDA (+106% YoY)* Reiterating 2024 guidance: $667M ex-TAC Gross Profit (+25% YoY), $200M+ Adj. EBITDA (2x+ YoY; ~30% margin), $100M+ FCF (~2x...

Enlight Renewable Energy Reports Second Quarter 2024 Financial Results

Written by Customer Service on August 7, 2024. Posted in Earnings Releases And Operating Results.

All of the amounts disclosed in this press release are in U.S. dollars unless otherwise noted TEL AVIV, Israel, Aug. 07, 2024 (GLOBE NEWSWIRE) — Enlight Renewable Energy Ltd. (NASDAQ: ENLT, TASE: ENLT) today reported financial results for the second quarter ending June 30, 2024. The Company’s earnings conference call and webcast will be held today at 8:00 AM ET. Registration links to both the call and the webcast can be found at the end of this earnings release. The entire suite of the Company’s 2Q24 financial results can be found on our IR website at https://enlightenergy.co.il/data/financial-reports/ Financial Highlights 6 months ending June 30, 2024 Revenue of $175m, up 42% year over year Adjusted EBITDA1 of $126, up 33% year over year Net income of $34m, down 39% year over year Cash flow from operations of $91m, down...

Townsquare Drives Sequential Improvement in Second Quarter

Written by Customer Service on August 7, 2024. Posted in Public Companies.

Digital Represents 52% of 1H’24 Total Net RevenueRepurchased $14 Million of Debt and $22 Million of Equity in 1H’24 PURCHASE, N.Y., Aug. 07, 2024 (GLOBE NEWSWIRE) — Townsquare Media, Inc. (NYSE: TSQ) (“Townsquare”, the “Company,” “we,” “us,” or “our”) announced today its financial results for the second quarter ended June 30, 2024. “I am pleased to share that Townsquare’s momentum is building as demonstrated by another quarter of sequential net revenue improvement, primarily due to our local focus and our unique and differentiated digital platform. Second quarter net revenue decreased -2.5% year-over-year and Adjusted EBITDA decreased -8.3% year-over-year, both meeting guidance and reflecting a sequential improvement from first quarter declines. In the second quarter, the Company...

Sampo plc: Publication of Prospectus and Offer Document for the Exchange Offer to the Shareholders of Topdanmark

Written by Customer Service on August 7, 2024. Posted in Mergers And Acquisitions.

SAMPO PLC STOCK EXCHANGE RELEASE 7 August 2024 at 1:00 pm NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, HONG KONG, JAPAN, NEW ZEALAND, SOUTH AFRICA OR SINGAPORE OR ANY OTHER JURISDICTION IN WHICH PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. SAMPO PLC: PUBLICATION OF PROSPECTUS AND OFFER DOCUMENT FOR THE EXCHANGE OFFER TO THE SHAREHOLDERS OF TOPDANMARK Today, Sampo plc (“Sampo”) has published the offer document (the “Offer Document”) and Prospectus (as defined below) for the recommended best and final public exchange offer to acquire all outstanding shares in Topdanmark A/S (“Topdanmark”) not already owned by Sampo (the “Offer”), announced on 17 June 2024. The documents and the acceptance forms are, subject to certain restrictions,...

WisdomTree Multi Asset Issuer PLC (the “Issuer”) Restrike of WisdomTree S&P 500 VIX Short-Term Futures 2.25x Daily Leveraged (the “Impacted Product”)

Written by Customer Service on August 7, 2024. Posted in Public Companies.

WisdomTree Multi Asset Issuer PLC LEI: 2138003QW2ZAYZODBU237 August 2024 WisdomTree Multi Asset Issuer PLC(the “Issuer”)Restrike of WisdomTree S&P 500 VIX Short-Term Futures 2.25x Daily Leveraged (the “Impacted Product”) The Issuer announces that due to movements in S&P 500 VIX futures contract prices referenced by the S&P 500 VIX Short-term Futures Index (09:30-16:00 EST), a Restrike Event has occurred with respect to the Impacted Product. The details of the restrike are as follows: Start of Restrike Period: 17:01:46 (London time) on 6 August 2024 End of Restrike Period: 17:16:46 (London time) on 6 August 2024 Restrike Price per ETP Security: $72.4354569 Restrike threshold: 25% Index: S&P 500 VIX Short-Term Futures (0930-1600 ET) (USD) ER index Closing level of the Index on 5 August 2024: 1.8855 Underlying asset:...

Sampo Group’s results for January–June 2024

Written by Customer Service on August 7, 2024. Posted in Earnings Releases And Operating Results.

SAMPO PLC HALF-YEAR FINANCIAL REPORT 7 August 2024 at 9:40 am Sampo Group’s results for January–June 2024 • Sampo Group achieved top line growth of 11 per cent in the first half on a currency adjusted basis, driven by continued strong development in all business areas • The underwriting result decreased to EUR 580 million (598) and the combined ratio increased to 85.8 per cent (83.8) due to harsh Nordic winter conditions and elevated large claims experience • The Group underlying combined ratio improved by 1.5 percentage points, driven by positive development across the Nordics and the UK only partly offset by a weakening in Topdanmark • Profit before taxes increased to EUR 909 million (722), supported by strong investment returns and robust underwriting performance in the UK, while operating EPS was up 2 per...

Eurocastle Releases First Half 2024 Financial Results

Written by Customer Service on August 7, 2024. Posted in Earnings Releases And Operating Results.

Contact: Oak Fund Services (Guernsey) LimitedCompany AdministratorAttn: Hannah CrockerTel: +44 1481 723450 Eurocastle Releases First Half 2024 Financial Results Guernsey, 7 August 2024 – Eurocastle Investment Limited (Euronext Amsterdam: ECT) (“Eurocastle” or the “Company”) today has released its interim management statement for the quarter ended 30 June 2024. IFRS NAV of €21.59 million, or €21.56 per share (€21.63 million, or €21.66 per share as at Q1 2024). ADJUSTED NET ASSET VALUE (“NAV”)1 of €11.08 million, or €11.07 per share2 (€11.09 million, or €11.11 per share as at Q1 2024). Q1 2024 NAV Q2 Cash Movement Q2 FV Movement Q2 2024 NAV €’m € p.s. €’m € p.s. €’m € p.s. €’m € p.s. New Investment Strategy – Greece 0.10 0.10 0.15 0.15 0.02 0.02 0.27 0.27 Legacy...

Interim Report Q2 2024

Written by Customer Service on August 7, 2024. Posted in Earnings Releases And Operating Results.

The Interim Report for 2nd Quarter 2024 for A.P. Møller – Mærsk is hereby enclosed. CEO of A.P. Møller – Mærsk A/S, Vincent Clerc, states: “Our results this quarter confirm that performance in all our businesses is trending in the right direction. Market demand has been strong, and as we have all seen, the situation in the Red Sea remains entrenched, which leads to continued pressure on global supply chains. These conditions are now expected to continue for the remainder of the year. We have invested in additional equipment in all our businesses to adapt to the situation and continue supporting our customers through the disruptions. As we look ahead, our focus remains on leveraging organic growth while exploring opportunities for value-accretive acquisitions particularly in Logistics. We will maintain tight cost control...

Day: August 7, 2024

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