Month: August 2024

First Advantage Reports Second Quarter 2024 Results

Written by Customer Service on August 8, 2024. Posted in Earnings Releases And Operating Results.

Reaffirms Full-Year 2024 Guidance; Sterling Acquisition Expected to Close in Q4 Second Quarter 2024 Highlights1Revenues of $184.5 million Net Income of $1.9 million, a net income margin of 1.0%, includes $9.2 million of expenses incurred related to the acquisition of Sterling Check Corp. (“Sterling”) Adjusted Net Income of $30.8 million Adjusted EBITDA of $55.8 million; Adjusted EBITDA Margin of 30.2% GAAP Diluted Net Income Per Share of $0.01, includes $0.06 per share of expenses incurred related to the Sterling acquisition Adjusted Diluted Earnings Per Share of $0.21 Cash Flows from Operations of $32.0 million; Cash Flows from Operations would have been $40.7 million after adjusting for $8.7 million of cash costs paid directly related to the Sterling acquisition Chief Financial Officer transition announced; David Gamsey to retire in...

Prestige Consumer Healthcare Inc. Reports First Quarter Fiscal 2025 Results

Written by Customer Service on August 8, 2024. Posted in Earnings Releases And Operating Results.

Revenue of $267.1 Million in Q1, Ahead of Expectations, down 4.4% versus Prior Year EPS of $0.98 and Adjusted EPS of $0.90 in Q1 Compared to $1.06 in the Prior Year Cash from Operations of $54.8 Million up 13.9% versus Prior Year; Reduced Debt by $35 Million and Repurchased $26 Million Shares Reaffirming Full-Year Fiscal 2025 Revenue, Earnings, and Cash Flow OutlookTARRYTOWN, N.Y., Aug. 08, 2024 (GLOBE NEWSWIRE) — Prestige Consumer Healthcare Inc. (NYSE:PBH) today reported financial results for its first quarter ended June 30, 2024. “We are pleased that our first quarter results exceeded our sales and earnings expectations. First quarter revenues were stronger than expected, primarily due to our ability to move supply-constrained Clear Eyes® products to customers earlier than anticipated. Meanwhile, strong cash generation in...

Privia Health Reports Second Quarter 2024 Financial Results

Written by Customer Service on August 8, 2024. Posted in Earnings Releases And Operating Results.

Strong Execution Across All Business and Financial Metrics Raised Full-Year 2024 Guidance to Mid to High End for All MetricsARLINGTON, Va., Aug. 08, 2024 (GLOBE NEWSWIRE) — Privia Health Group, Inc. (Nasdaq: PRVA) today announced financial results for the second quarter and six months ended June 30, 2024. Second Quarter Performance For the Three Months Ended June 30, ($ in millions, except per share amounts) 2024 2023 Change (%) Total revenue $ 422.3 $ 413.4 2.2 %Gross profit $ 98.3 $ 90.2 8.9 %Operating income $ 5.1 $ 7.0 (27.0 )%Net income a $ 3.5 $ 7.3 (52.3 )%Non-GAAP adjusted net income b $ 23.5 $ 20.8 13.0 %Net income per share $ 0.03 $ 0.06 (50.0 )%Non-GAAP adjusted net income per share $ 0.19 $ 0.17 11.8 % Net...

SYLOGIST Reports Second Quarter 2024 Results

Written by Customer Service on August 8, 2024. Posted in Earnings Releases And Operating Results.

112% Bookings increase and 17% SaaS Revenue growth further validate strong value creation upside Q2 2024 Financial Highlights Revenue (in $ millions) SaaS Subscription Recurring TotalReported Y/Y growth Reported Y/Y growth Reported Y/Y growth$7.3 16.6% $10.8 11.5% $17.4 4.5%SaaS ARR up 17% Y/Y to $29.4 million; Total ARR up 11% Y/Y to $43.6 million; SaaS NRR of 109%; Bookings up 112% Y/Y and 42% Q/Q to $12.9 million; Adjusted EBITDA margin of 26.0% or $4.5 million; Gross profit margin of 60%; RPO of $27.8 million; Revenue per Employee up 7% Y/Y to $338k; Repurchase of 85,700 shares for $0.78 million, at an average price of $9.13.CALGARY, Alberta, Aug. 08, 2024 (GLOBE NEWSWIRE) — Sylogist Ltd. (TSX: SYZ) (“Sylogist” or the “Company”), a leading public sector SaaS company, today announced...

Lamar Advertising Company Announces Second Quarter Ended June 30, 2024 Operating Results

Written by Customer Service on August 8, 2024. Posted in Earnings Releases And Operating Results.

Three Month ResultsNet revenue was $565.3 million Net income was $137.6 million Adjusted EBITDA was $271.6 millionSix Month ResultsNet revenue was $1.06 billion Net income was $216.1 million Adjusted EBITDA was $483.5 millionBATON ROUGE, La., Aug. 08, 2024 (GLOBE NEWSWIRE) — Lamar Advertising Company (the “Company” or “Lamar”) (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces the Company’s operating results for the second quarter ended June 30, 2024. “We delivered solid revenue growth in the second quarter, buoyed by continued strong demand from local and regional advertisers,” Lamar chief executive Sean Reilly said. “The revenue gain, combined with continued discipline on expenses, allowed us to produce adjusted EBITDA growth of nearly 7% and diluted AFFO...

GoHealth Reports Second Quarter 2024 Results

Written by Customer Service on August 8, 2024. Posted in Earnings Releases And Operating Results.

CHICAGO, Aug. 08, 2024 (GLOBE NEWSWIRE) — GoHealth, Inc. (NASDAQ: GOCO) (“GoHealth” or the “Company”), a leading health insurance marketplace and Medicare-focused digital health company, today announced financial results for the three and six months ended June 30, 2024. Second Quarter HighlightsSecond quarter 2024 net revenues of $105.9 million, a $36.9 million decrease compared to $142.8 million in the prior year period. Second quarter 2024 Submissions of 152,394, a 6% decrease compared to 162,837 Submissions in the prior year period, driven by an increase in Submissions generated by GoHealth’s internal captive agents offset by a decrease in Submissions generated by our external GoPartner Solutions agents. Second quarter 2024 net loss of $59.3 million, an improvement of $10.9 million compared to a net loss of $70.2 million in...

LifeStance Reports Second Quarter 2024 Results

Written by Customer Service on August 8, 2024. Posted in Earnings Releases And Operating Results.

SCOTTSDALE, Ariz., Aug. 08, 2024 (GLOBE NEWSWIRE) — LifeStance Health Group, Inc. (Nasdaq: LFST), one of the nation’s largest providers of outpatient mental healthcare, today announced financial results for the second quarter ended June 30, 2024. (All results compared to prior-year comparative period, unless otherwise noted)Q2 2024 Highlights and FY 2024 OutlookRevenue of $312.3 million increased 20% compared to revenue of $259.6 million Clinician base increased 14% to 6,984 clinicians, a sequential net increase of 118 in the second quarter Second quarter visit volumes increased 15% to 2.0 million Net loss of $23.3 million, primarily driven by stock-based compensation, compared to net loss of $45.5 million Adjusted EBITDA of positive $28.6 million compared to Adjusted EBITDA of positive $14.1 million For full year 2024, raising...

LanzaTech Reports Second-Quarter 2024 Financial Results, Reaffirms Full-Year 2024 Outlook, and Announces $40 Million Capital Raise

Written by Customer Service on August 8, 2024. Posted in Earnings Releases And Operating Results.

Achieved total revenue of $17.4 million for second-quarter 2024, exceeding expectations Reaffirming full-year 2024 outlook, including total revenue of $90 million – $105 million Announcing $40 million investment by Carbon Direct Capital, strengthening financial flexibility CHICAGO, Aug. 08, 2024 (GLOBE NEWSWIRE) — LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech” or the “Company”), the carbon recycling company transforming waste carbon into sustainable fuels, chemicals, and materials, today reported its financial and operating results for second-quarter 2024, reaffirmed its previously issued financial outlook for full-year 2024, and is announcing a $40 million investment by new investor Carbon Direct Capital. Highlights:Reported revenue of $17.4 million for second-quarter 2024 as compared to revenue of $12.9 million for...

Outbrain Announces Second Quarter 2024 Results

Written by Customer Service on August 8, 2024. Posted in Public Companies.

Reports strong quarter, achieving high end Q2 guidance on Ex TAC gross profit, beating on Adjusted EBITDA, improving margins and profitability, and generating positive cash flow for 4th consecutive quarter NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) — Outbrain Inc. (Nasdaq: OB), a leading technology platform that drives business results by engaging people across the Open Internet, announced today financial results for the quarter ended June 30, 2024. Second Quarter 2024 Key Financial Metrics: Three Months EndedJune 30, Six Months EndedJune 30,(in millions USD) 2024 2023 % Change 2024 2023 % ChangeRevenue $ 214.1 $ 225.8 (5 )% $ 431.1 $ 457.6 (6 )%Gross profit 45.6 44.0 4 % 87.2 85.2 2 %Net (loss) income (2.2 ) 11.3 (119 )% (7.2 ) 5.7 (228 )%Net...

Himax Technologies, Inc. Reports Second Quarter 2024 Financial Results; Provides Third Quarter 2024 Guidance

Written by Customer Service on August 8, 2024. Posted in Earnings Releases And Operating Results.

Q2 2024 Revenues Surpassed Guidance while Gross Margin and EPS In Line With Guidance Range Issued on May 9, 2024Company Q3 2024 Guidance: Revenues to Decrease 12.0% to 17.0% QoQ,Gross Margin is Expected to be Around 30%, Profit per diluted ADS to be 1.5 Cents to 4.5 CentsQ2 2024 revenues were $239.6M, an increase of 15.5% QoQ, exceeding the guidance range of 8% to 13% increase QoQ. Q2 GM reached 32.0%, in line with guidance range of 31.5% to 33.5% Q2 2024 after-tax profit was $29.6M, or 16.9 cents per diluted ADS, at the top end of the guidance range of 13.0 cents to 17.0 cents Company’s Q3 2024 revenues to decrease 12.0% to 17.0% QoQ. GM to be around 30%. Profit per diluted ADS to be in the range of 1.5 cents to 4.5 cents Q2 automotive driver sales, encompassing both traditional DDIC and TDDI, increased by a decent high-teens QoQ and...

Month: August 2024

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