Day: February 24, 2025

2025 plan targets full-year profitability through improved gross margins and operational efficiencies DENVER, Feb. 24, 2025 (GLOBE NEWSWIRE) — Inspirato Incorporated (“Inspirato” or the “Company”) (NASDAQ: ISPO), the premier luxury vacation club, today announced its 2024 fourth quarter and full year financial and operating results. The Company closed the fourth quarter with profitability and positive cash flow from operations, reinforcing its momentum heading into 2025, where it plans to achieve full-year profitability by strengthening gross margins and optimizing operational efficiencies. 2024 Highlights: Fourth quarter Net Loss of $2.3 million, representing an 86% year-over-year improvement Fourth quarter Adjusted EBITDA income of $1.9 million, a $7.3 million year-over-year improvement Fourth quarter net cash from operating...

Achieves 26% worldwide revenue growth and positive adjusted EBITDA in Fourth Quarter 2024 SANTA CLARA, Calif., Feb. 24, 2025 (GLOBE NEWSWIRE) — SI-BONE, Inc. (Nasdaq:SIBN), a medical device company dedicated to solving sacropelvic disorders, today reported financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Financial Highlights (all comparisons are to the prior year period)Worldwide revenue of $49.0 million, representing growth of ~26%   U.S. revenue of $46.9 million, representing growth of ~28% Gross margin of ~79% Net loss of $4.5 million, representing an improvement of ~59% Positive adjusted EBITDA of $1.9 million, representing an improvement of ~139% Ended the quarter with $150.0 million in cash and equivalents, representing $0.8 million in net cash usageFiscal Year 2024 Highlights...

Fourth quarter total revenue of $1,184.1 million, up 3.3% year over year as reported and 3.6% in constant currency; full fiscal year total revenue of $4,665.4 million, up 3.1% year over year as reported and 3.3% in constant currency Fourth quarter Enterprise revenue of $706.8 million, up 5.9% year over year; full fiscal year Enterprise revenue of $2,754.2 million, up 5.2% year over year Fourth quarter operating cash flow of $424.6 million, up 20.9% year over year; full fiscal year operating cash flow of $1,945.3 million, up 21.7% year over year; full fiscal year operating cash flow margin of 41.7% Fourth quarter GAAP operating margin of 19.0%, up 430 bps year over year, and non-GAAP operating margin of 39.5%, up 80 bps year over year; full fiscal year GAAP operating margin of 17.4%, up 580 bps year over year, and non-GAAP operating margin...

BERKELEY, Calif., Feb. 24, 2025 (GLOBE NEWSWIRE) — Rigetti Computing, Inc. (“Rigetti” or the “Company”) (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, announced today that it will release fourth quarter 2024 results on March 5, 2025 after market close. The Company will host a conference call to discuss its financial results and provide an update on its business operations at 5:00 p.m. ET the same day. Key details regarding the call are as follows: Call Date: Wednesday, March 5, 2025Call Time: 5:00 p.m. ET / 2:00 p.m. PTWebcast Link: https://edge.media-server.com/mmc/p/5jaikwa8/ Live Call Participant Link: https://register.vevent.com/register/BIc3642ee5e70e4bea9d3311a88c4e128a Webcast InstructionsYou can listen to a live audio webcast of the conference call by visiting the “Webcast Link”...

Fourth Quarter Revenue Growth of 165% Year-Over-Year to $147.5 million Fourth Quarter Variable Marketing Dollars Increases Over 110% Year-Over-Year to $44.0 million Delivers Fourth Quarter Net Income of $12.3 million and Adjusted EBITDA of $18.9 million Full Year Revenue Grows 74% and Variable Marketing Dollars Increases 55%, Year-Over-Year Full Year Net Income Increases to $32.2 million and Generates Operating Cash Flow of $66.6 millionCAMBRIDGE, Mass., Feb. 24, 2025 (GLOBE NEWSWIRE) — EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, today announced financial results for the fourth quarter and full year ended December 31, 2024. “I am proud of our remarkable team and our financial accomplishments in 2024. We grew revenue by 74% year-over-year to cross the $500 million mark for the first time, increased...

HighlightsFourth quarter 2024 revenue of $211 million, grew 7% year-over-year driven by continued demand for Pharmacogenomics (14%) and Prenatal (12%) testing. Fourth quarter GAAP gross margin of 71.7%, increased 300 basis points year-over-year, benefiting from improving revenue per test trends and greater laboratory efficiencies. Fourth quarter and full-year 2024 GAAP net loss was $(43) million and $(127) million, respectively; adjusted EBITDA for the same periods was $11 million and $40 million, respectively. Cash plus availability to borrow under the asset-based facility was approximately $158 million as of December 31, 2024. Reiterate 2025 financial guidance with a revenue range of $840 – $860 million and adjusted EPS range of $0.07 – $0.11.1 Entered into a strategic collaboration with PATHOMIQ to add artificial intelligence...

Q4 revenue of $93.5 million, at the upper end of our guidance range Q4 net loss of $1.0 million, or $(0.05) per share; Non-GAAP EPS of $0.50, at the high end of guidance range Significant improvement in cash flow, which results in positive Q4 and FY2024 cash flow from operationsLAKE MARY, Fla., Feb. 24, 2025 (GLOBE NEWSWIRE) — FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced its financial results for the fourth quarter and full year ended December 31, 2024. “We are proud to conclude the year with strong momentum, surpassing targets across all of our metrics in the fourth quarter and achieving a decade-high adjusted EBITDA margin of 18% along with our fifth consecutive quarter of positive operating cash flow,” said Peter Lau, President & Chief Executive Officer. “2024...