Earnings Releases And Operating Results

Bang & Olufsen interim report for Q1 2022/23: Challenging macroeconomic environment continued in Q1

Written by Customer Service on October 5, 2022. Posted in Earnings Releases And Operating Results.

The company continued to see robust demand for its products. Sell-out in EMEA was down 2%, with demand moving to more travel and outdoor-related products compared to last year. Sell-out in Americas grew by 14%, while Asia declined by 27%, mainly due to China, which was impacted by lockdowns and declining consumer confidence. All in all, sell-out declined by 9% compared to Q1 of last year. Revenue declined by 8.2% (-10% in local currencies) to DKK 612m. The company continued to be adversely impacted by lockdowns in China. Also, the increased uncertainty and declining consumer confidence led to some of the company’s retail partners reducing their inventories and being more cautious when replenishing. The gross margin was 36.6%, adversely impacted by product mix, higher cost for components purchased last year, lockdowns and sale of a large...

NOVAGOLD Reports Third Quarter 2022 Financial Results

Written by Customer Service on October 4, 2022. Posted in Earnings Releases And Operating Results.

Advancing Donlin Gold to Prepare the Project for the Next Phase of Development; Robust Treasury of $132 Million in Cash and Term Deposits, with $25 Million of Receivables in 2023 The 42,334-meter drill program is wrapping-up for the year. The joint release issued by NOVAGOLD, Barrick and Donlin Gold on July 28, 2022 reported further encouraging assays, with more high-grade gold intercepts that demonstrated good grade continuity. Additional results will be issued in the coming weeks. With Donlin Gold’s largest budget in over a decade, our focus is on the path forward, subject to Donlin Gold LLC Board approval, toward the preparation of an updated feasibility study. To this end, the drill program is providing the data for the geologic modelling and interpretation work for the updated resource model while we engage in engineering studies,...

Mettler-Toledo International Inc. to Host Third Quarter 2022 Earnings Conference Call

Written by Customer Service on October 4, 2022. Posted in Earnings Releases And Operating Results.

Columbus, OH, Oct. 04, 2022 (GLOBE NEWSWIRE) — Mettler-Toledo International Inc. (NYSE:MTD) today announced it will host a conference call to discuss the Company’s quarterly results on Thursday, November 3, 2022 at 5:00 p.m. Eastern Time. To hear a live webcast of the call, visit www.mt.com/investors on the Company’s website. A replay of the webcast will be available until November 10, 2022. METTLER TOLEDO (NYSE: MTD) is a leading global supplier of precision instruments and services. We have strong leadership positions in all of our businesses and believe we hold global number-one market positions in most of them. We are recognized as an innovation leader and our solutions are critical in key R&D, quality control, and manufacturing processes for customers in a wide range of industries including life sciences,...

Saratoga Investment Corp. Announces Fiscal Second Quarter 2023 Financial Results

Written by Customer Service on October 4, 2022. Posted in Earnings Releases And Operating Results.

NEW YORK, Oct. 04, 2022 (GLOBE NEWSWIRE) — Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company (“BDC”), today announced financial results for its 2023 fiscal second quarter. Summary Financial Information The Company’s summarized financial information is as follows: For the three months ended and as of August 31, 2022 For the three months ended and as of May 31, 2022 For the three months ended and as of August 31, 2021 ($ in thousands except per share) AUM 954,664 894,533 666,097 NAV 337,213 345,236 324,112 NAV per share 28.27 28.69 28.97 Investment Income 21,853 18,679 18,442 Net Investment Income per share 0.64 0.66 0.57 Adjusted Net Investment Income per share 0.58 0.53 0.63 Earnings per share 0.08 (0.12) 0.71 Dividends...

Cumulus Media Announces Conference Call to Discuss Third Quarter 2022 Operating Results

Written by Customer Service on October 4, 2022. Posted in Earnings Releases And Operating Results.

ATLANTA, Oct. 04, 2022 (GLOBE NEWSWIRE) — Cumulus Media Inc. (NASDAQ: CMLS) will host a conference call on Friday, October 28th at 8:30 AM ET to discuss its third quarter 2022 operating results. A press release containing a summary of these results will be issued before the call at approximately 8:00 AM ET. To participate in the conference call, please register in advance using this link. NetRoadshow (NRS) is the service provider for this call. Registration requires a one-time only email address verification. Upon completing registration, a calendar invitation will follow with call access details, including a unique PIN, and replay details. The conference call will also be broadcast live in listen-only mode through a link on the Company’s investor relations website at www.cumulusmedia.com/investors. This link can also be used to...

Hemp Inc. Sees Significant Increase in Revenue Over the Last 3 Quarters

Written by Customer Service on October 4, 2022. Posted in Earnings Releases And Operating Results.

Las Vegas, NV, Oct. 04, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Hemp Inc. (OTC PINK: HEMP): Since Hemp Inc. has been selling its new CBD products through its website www.KingOfHempUSA.com and continuing to sell its oil-absorbing products out of its plant in North Carolina, Hemp Inc.’s revenue has been steadily increasing each quarter. Hemp Inc. has seen an increase of 146% 1st Qtr., 383% 2nd Qtr, and 455% 3rd Qtr. as compared to the same quarters of the previous year, with an overall 315% growth rate for 2022! With facilities in Spring Hope, North Carolina and Las Vegas, Nevada, Hemp Inc. has two major product lines. The 85,000 square-foot facility on over 9 acres in Spring Hope, N.C. produces Spill-Be-Gone™ and Drill-Wall™. These are both Hemp/Kenaf blends of a product that is well suited as a base for Hemp/Kenaf plastics,...

Reborn Coffee Reports Second Quarter 2022 Financial Results

Written by Customer Service on October 4, 2022. Posted in Earnings Releases And Operating Results.

Completed $7.2 Million Upsized IPO and Commenced Trading on Nasdaq in Q3 2022 BREA, Calif., Oct. 04, 2022 (GLOBE NEWSWIRE) — Reborn Coffee, Inc. (NASDAQ: REBN) (“Reborn”, or the “Company”), a California-based retailer of specialty coffee, has reported its financial and operational results for the second quarter ended June 30, 2022. On August 16, 2022, the Company successfully completed its upsized initial public offering (the “IPO”), selling 1,440,000 shares at $5.00 per share. Net proceeds raised in Reborn’s IPO were $6.2 million, after deducting underwriting discounts and commissions. The Company’s common stock commenced trading on the Nasdaq Capital Market under the ticker symbol “REBN”. Four new company-owned retail locations are in development in Southern California. Revenue increased 63% to $0.8 million in Q2’22 compared...

Village Super Market, Inc. Reports Results for the Fourth Quarter Ended July 30, 2022

Written by Customer Service on October 4, 2022. Posted in Earnings Releases And Operating Results.

SPRINGFIELD, N.J., Oct. 04, 2022 (GLOBE NEWSWIRE) — Village Super Market, Inc. (NSD-VLGEA) today reported its results of operations for the fourth quarter ended July 30, 2022. Fourth Quarter Highlights Net income of $12.6 million, an increase of 33% compared to $9.5 million in the fourth quarter of the prior year Adjusted net income of $12.3 million, an increase of 41% compared to $8.7 million in the fourth quarter of the prior year Same store sales increased 5.1% Same store digital sales increased 7% Fiscal 2022 Highlights Net income of $26.8 million, an increase of 34% compared to $20.0 million in fiscal 2021 Adjusted net income of $35.0 million, an increase of 85% compared to $18.9 million in fiscal 2021 Same store sales increased 4.1% Same store digital sales increased 2% Fourth Quarter of Fiscal 2022 Results Sales were...

Stellantis to Announce Third Quarter 2022, Shipments and Revenues on November 3

Written by Customer Service on October 4, 2022. Posted in Earnings Releases And Operating Results.

Stellantis to Announce Third Quarter 2022Shipments and Revenues on November 3 AMSTERDAM, October 4, 2022 – Stellantis N.V. announced today that its Third Quarter 2022 Shipments and Revenues will be released on Thursday, November 3, 2022. A live audio webcast and conference call of the Q3 2022 Shipments and Revenues will begin at 1:00 p.m. CET / 8:00 a.m. EDT on Thursday, November 3, 2022. The related press release and presentation material are expected to be posted under the Investors section of the Stellantis corporate website at www.stellantis.com at approximately 8:00 a.m. CET / 3:00 a.m. EDT on Thursday, November 3, 2022. Details for accessing this presentation are available under the Investors section of the Stellantis corporate website at www.stellantis.com. For those unable to participate in the live session, a recorded replay will...

Acuity Brands Reports Fiscal 2022 Fourth-Quarter and Full-Year Results

Written by Customer Service on October 4, 2022. Posted in Earnings Releases And Operating Results.

Strong Full-Year Performance with Record Net Sales Delivering Operating Profit and Diluted EPS Growth Increased Net Sales 12% in Q4’2022; 16% in FY’2022 Over the Prior Year Increased Diluted EPS 28% in Q4’2022; 32% in FY’2022 Over the Prior Year Deployed Additional $107M to Share Repurchases in Q4’2022; $512M for FY’2022 ATLANTA, Oct. 04, 2022 (GLOBE NEWSWIRE) — Acuity Brands, Inc. (NYSE: AYI) (the “Company”) a market-leading industrial technology company announced net sales of $1.11 billion for the fiscal fourth quarter ended August 31, 2022, an increase of 11.8 percent, or $117.6 million compared to the same period in 2021. Diluted earnings per share (“EPS”) was $3.48 in the fourth quarter of fiscal 2022, an increase of 27.9 percent, or $0.76, as compared to the prior...

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