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Arhaus Reports Fourth Quarter and Full Year 2024 Financial Results

BOSTON HEIGHTS, Ohio, Feb. 26, 2025 (GLOBE NEWSWIRE) — Arhaus, Inc. (“Arhaus” or the “Company”) (NASDAQ: ARHS), a growing lifestyle brand and omni-channel retailer of premium artisan-crafted home furnishings, reported fourth quarter and full year 2024 results for the period ended December 31, 2024. Highlights include:Net revenue was $347 million in the fourth quarter and $1,271 million for the full year of 2024. Gross margin decreased 1.8% to $139 million in the fourth quarter and decreased 7.3% to $501 million for the full year of 2024. Selling, general and administrative expenses increased 11.1% to $111 million in the fourth quarter and increased 10.5% to $415 million for the full year of 2024. Net and comprehensive income of $21 million in the fourth quarter and $69 million for the full year of 2024. Adjusted EBITDA was $41...

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Steve Madden Announces Fourth Quarter and Full Year 2024 Results

~ Provides 2025 Outlook ~ LONG ISLAND CITY, N.Y., Feb. 26, 2025 (GLOBE NEWSWIRE) — Steve Madden (Nasdaq: SHOO), a leading designer and marketer of fashion-forward footwear, accessories and apparel, today announced financial results for the fourth quarter and full year ended December 31, 2024 and provided its 2025 outlook. Amounts referred to as “Adjusted” are non-GAAP measures that exclude the items defined as “Non-GAAP Adjustments” in the “Non-GAAP Reconciliation” section. Full Year 2024 ResultsRevenue increased 15.2% to $2,282.9 million, compared to $1,981.6 million in 2023. Gross profit as a percentage of revenue was 41.0%, compared to 42.0% in 2023. Adjusted gross profit as a percentage of revenue was 41.1%, compared to 42.1% in 2023. Operating expenses as a percentage of revenue were 30.6%, compared to 30.9% in 2023. Adjusted...

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AvidXchange Announces Fourth Quarter & Full Year 2024 Financial Results

Healthy revenue growth coupled with gross and operating margin improvement drives strong year over year fourth quarter and full year 2024 financial results 2024 GAAP earnings per share swings positive with net cash provided by operating activities up more than eight-fold to $71.9 million Disciplined capital allocation highlighted by paydown of high-interest bank-debt and repurchase of $50 million out of the $100 million authorized in 2024 Sustained strong balance sheet with cash and marketable securities of $389.3 million with $9.1 million of long-term debt at year end 2024 2025 business outlook reflects continued progress on margin expansion on a choppy macro backdropCHARLOTTE, N.C., Feb. 26, 2025 (GLOBE NEWSWIRE) — AvidXchange Holdings, Inc. (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and...

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CLEAR Announces Fourth Quarter and Full Year 2024 Financial Results

NEW YORK, Feb. 26, 2025 (GLOBE NEWSWIRE) — Clear Secure, Inc. (NYSE: YOU), the secure identity platform, has posted a shareholder letter containing its 2024 fourth quarter and full year financial results on its Investor Relations website at https://ir.clearme.com. CLEAR will host a conference call to discuss those results at 8:00 AM (ET) today. Investors and analysts can access the live teleconference call by dialing toll-free 877-407-3089 for U.S. participants and +1-215-268-9854 for international participants. Listeners can access the live webcast HERE. A webcast replay will be available after the event on the investor relations website at https://ir.clearme.com. About CLEARCLEAR’s mission is to create frictionless experiences. With over 30 million Members and a growing network of partners across the world, CLEAR’s...

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Enovis Announces Fourth Quarter and Full Year 2024 Results

Continued commercial momentum with fourth-quarter sales growth of 23% on a reported basis and strong adjusted EBITDA margin expansionFourth-quarter Reconstructive sales grew 59% year-over-year on a reported basis and 10% on a Comparable Sales basisExceeded year one commercial and integration plans for LimaWilmington, DE, Feb. 26, 2025 (GLOBE NEWSWIRE) — Enovis™ Corporation (“Enovis” or “the Company”) (NYSE: ENOV), an innovation-driven medical technology growth company, today announced its financial results for the fourth quarter and full year ended December 31, 2024. The Company will host an investor conference call and live webcast to discuss these results today at 8:30 am ET. Fourth Quarter and Fiscal Year 2024 Financial Results Enovis’ fourth-quarter net sales of $561 million grew 23% on a reported basis and...

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ACM Research Reports Fourth Quarter and Fiscal Year 2024 Results

FREMONT, Calif., Feb. 26, 2025 (GLOBE NEWSWIRE) — ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced packaging applications, today reported financial results for its fourth quarter and fiscal year ended December 31, 2024. “2024 was a year of strong execution for ACM. We expanded our product portfolio and broadened the addressable markets we serve,” said ACM’s President and Chief Executive Officer, Dr. David Wang. “We grew revenue by 40% and total shipments by 63%. We gained additional market share by capitalizing on product cycles and deepening engagements with key customers, demonstrating the strength of our multi-product portfolio. Our operating profit increased by 57.6%, and we generated $152 million in cash flow from operations.” Dr. Wang continued, “In...

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GOGL – Fourth Quarter 2024 Results

Golden Ocean Group Limited (NASDAQ/OSE: GOGL) (the “Company” or “Golden Ocean”), the world’s largest listed owner of large size dry bulk vessels, today announced its unaudited results for the quarter ended December 31, 2024. HighlightsNet income of $39.0 million and earnings per share of $0.20 (basic) for the fourth quarter of 2024, compared to net income of $56.3 million and earnings per share of $0.28 (basic) for the third quarter of 2024. Net income of $223.2 million and earnings per share of $1.12 (basic) for full year 2024, compared to net income of $112.3 million and earnings per share of $0.56 (basic) for full year 2023. Adjusted EBITDA of $69.9 million for the fourth quarter of 2024, compared to $124.4 million for the third quarter of 2024. Adjusted net income of $12.7 million for the fourth quarter of 2024, compared to...

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Aspocomp’s Financial Statement Release 2024: In the fourth quarter, the order book turned to strong growth, net sales increased significantly, and the operating result rose into the black

Aspocomp Group Plc, Financial Statement Release, February 26, 2025, at 9:00 a.m. (Finnish time) FOURTH QUARTER 2024 HIGHLIGHTSNet sales EUR 7.9 (5.9) million, increase of 35% Operating result EUR 0.1 (-1.8) million, 1.0% (-30.1%) of net sales Earnings per share EUR 0.12 (-0.22) Operative cash flow EUR -0.3 (3.5) million Orders received EUR 8.7 (2.3) million, increase of 286%JANUARY-DECEMBER 2024 HIGHLIGHTSNet sales EUR 27.6 (32.3) million, decrease of 15% Operating result EUR -4.0 (-1.7) million, -14.4% (-5.4%) of net sales Earnings per share EUR -0.51 (-0.24) Operative cash flow EUR -4.7 (5.1) million Orders received EUR 37.0 (28.5) million, increase of 30% Order book at the end of the review period EUR 19.9 (10.5) million, increase of 90% Equity ratio 54.0% (71.7%)OUTLOOK FOR 2025 In 2025, the demand for Aspocomp’s products...

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Wolters Kluwer 2024 Full-Year Report

Wolters Kluwer 2024 Full-Year Report Alphen aan den Rijn, February 26, 2025 – Wolters Kluwer, a global leader in professional information solutions, software and services, today releases its full-year 2024 results. HighlightsRevenues €5,916 million, up 6% in constant currencies and up 6% organically.Recurring revenues (82% of total revenues) up 7% organically; non-recurring trends varied. Expert solutions (59% of total revenues) grew 7% organically. Cloud software (19% of total revenues) grew 16% organically.Adjusted operating profit €1,600 million, up 8% in constant currencies.Adjusted operating profit margin of 27.1%. Includes a €27 million one-time pension gain and restructuring costs of €28 million.Diluted adjusted EPS €4.97, up 9% overall and up 11% in constant currencies. Adjusted free cash flow €1,276 million, up 9%...

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Stellantis Delivers Full Year 2024 Results Consistent with Updated Financial Guidance; Expects Return to Profitable Growth and Positive Cash Generation in 2025

Stellantis Delivers Full Year 2024 Results Consistent with Updated Financial Guidance;Expects Return to Profitable Growth and Positive Cash Generation in 2025Net revenues of €156.9 billion, down 17% compared to 2023, with consolidated shipment volumes decreasing 12% due to temporary gaps in product offerings, as well as now-complete inventory reduction initiatives Net profit of €5.5 billion, down 70%. Adjusted operating income(1) of €8.6 billion fell 64% with AOI margin(2) of 5.5% Industrial free cash flows(3) were negative €6 billion reflecting the decline in income and temporary enlarged working capital impact due to production adjustments Total inventories on December 31, 2024 were 18% or 268 thousand units lower year-over-year, including a 20% drop in U.S. dealer stock to 304 thousand units, surpassing previously communicated target...

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