Depreciation

Green Plains Reports First Quarter 2024 Financial Results

Retrieved on: 
Friday, May 3, 2024
Alternative Energy, Energy, Agriculture, Natural Resources, Sequence, Glucose, Negotiation, Gasoline, Yeast, Aviation biofuel, Food safety, Enzyme, Mergers and acquisitions, Partner, Policy, Natural gas, Depreciation, Partnership, Biopolymer, Transport, Carbon, Ethanol, Plant, Obion, Tennessee, JV, Eye, Corn oil, Acquisition, Food, Marketing, Becker

Green Plains Inc. (NASDAQ:GPRE) (“Green Plains” or the “company”) today announced financial results for the first quarter of 2024.

Key Points: 
  • Green Plains Inc. (NASDAQ:GPRE) (“Green Plains” or the “company”) today announced financial results for the first quarter of 2024.
  • Revenues were $597.2 million for the first quarter of 2024 compared with $832.9 million for the same period last year.
  • The consolidated ethanol crush margin was ($9.3) million for the first quarter of 2024, compared with ($12.5) million for the same period in 2023.
  • Intersegment activities between the partnership and Green Plains Trade associated with terminal services transacted with the agribusiness and energy services segment will continue to be eliminated on a consolidated level.

Omega Reports First Quarter 2024 Results and Recent Developments

Retrieved on: 
Thursday, May 2, 2024
REIT, General Health, Health, Commercial Building & Real Estate, Construction & Property, Investment, Depreciation, FAD, HUD, Omega, Income tax, Acquisition, Lavie

Omega Healthcare Investors, Inc. (NYSE: OHI) (the “Company” or “Omega”) announced today its results for the quarter ended March 31, 2024.

Key Points: 
  • Omega Healthcare Investors, Inc. (NYSE: OHI) (the “Company” or “Omega”) announced today its results for the quarter ended March 31, 2024.
  • Expenses – Expenses for the quarter ended March 31, 2024 totaled $174.1 million, a decrease of $25.8 million over the same period in 2023.
  • Net Income – Net income for the quarter ended March 31, 2024 totaled $69.3 million, an increase of $32.5 million over the same period in 2023.
  • Maplewood – In the first quarter of 2024, Maplewood Senior Living (“Maplewood”) paid $11.3 million in rent.

Stem Announces First Quarter 2024 Results

Retrieved on: 
Thursday, May 2, 2024
Other Energy, Environment, Technology, Green Technology, Energy, Software, Artificial Intelligence, Lithium, Sale, Nature, Risk, Economics, Health, Depreciation, Webcast, Lithium carbonate, Forecasting, Stem, Acquisition, Event, Telephone, GAAP, Growth

Due to recent market conditions, recorded a net revenue reduction of $33 million in hardware revenue during the three months ended March 31, 2024.

Key Points: 
  • Due to recent market conditions, recorded a net revenue reduction of $33 million in hardware revenue during the three months ended March 31, 2024.
  • It is anticipated that these transactions will close in the second and third quarters of 2024, at which point they will not be subject to future adjustment.
  • The Company recorded the full cost of hardware revenue for these indexed contracts in the first quarter of 2023.
  • Stem will hold a conference call to discuss this earnings press release and business outlook on Thursday, May 2, 2024, beginning at 5:00 p.m. Eastern Time.

Xponential Fitness, Inc. Announces First Quarter 2024 Financial Results

Retrieved on: 
Thursday, May 2, 2024
Women, Consumer, Health, Fitness & Nutrition, Lifestyle, Rumble, Table, AUV, KPI, International, Depreciation, Tax, Common stock, Acquisition, EPS, TRA, Adjustment, GAAP, Growth, Overalls, Fitness

Xponential Fitness, Inc. (NYSE: XPOF) (“Xponential” or the “Company”), one of the leading global franchisors of boutique health and wellness brands, today reported financial results for the first quarter ended March 31, 2024.

Key Points: 
  • Xponential Fitness, Inc. (NYSE: XPOF) (“Xponential” or the “Company”), one of the leading global franchisors of boutique health and wellness brands, today reported financial results for the first quarter ended March 31, 2024.
  • Please see the table at the end of this press release for a calculation of the loss per share for the quarter ended March 31, 2024.
  • The Company will host a conference call today at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time to discuss its first quarter 2024 financial results.
  • ET on Thursday, May 16, 2024, by dialing 1-844-512-2921 (United States) or 1-412-317-6671 (International) and entering the replay pin number: 13745133.

GigaMedia Announces First-Quarter 2024 Financial Results

Retrieved on: 
Friday, May 3, 2024
Consolidated, Risk, Depreciation, Annual report, Bank statement, Tax, Ecosystem, GAAP, Growth, Video game

Consolidated operating expenses were $1.46 million in the first quarter of 2024, approximately increased by 27.1% when compared to prior quarter.

Key Points: 
  • Consolidated operating expenses were $1.46 million in the first quarter of 2024, approximately increased by 27.1% when compared to prior quarter.
  • Net loss for the first quarter of 2024 was $0.90 million, which was a decrease of loss from $2.02 million net loss last quarter.
  • GigaMedia maintained its solid financial position, with cash, cash equivalents and restricted cash amounting to $36.82 million, or approximately $3.33 per share as of March 31, 2024.
  • Reconciliations to the GAAP equivalents of the non-GAAP financial measures are provided on the attached unaudited financial statements.

UScellular reports first quarter 2024 results

Retrieved on: 
Friday, May 3, 2024
Depreciation, Adjustment, Interest, Tax, Equity, Event, ID, Central Time, GAAP, U.S. Cellular

CHICAGO, May 3, 2024 /PRNewswire/ --

Key Points: 
  • UScellular does not intend to imply that any such items set forth in the reconciliation above are infrequent or unusual; such items may occur in the future.
  • Management uses Adjusted EBITDA and Adjusted OIBDA as measurements of profitability, and therefore reconciliations to Net income are deemed appropriate.
  • 2024 Estimated Results do not reflect any anticipated costs, expenses or results of the strategic alternatives review referenced above.
  • UScellular will hold a conference call on May 3, 2024 at 9:00 a.m. Central Time.

TDS reports first quarter 2024 results

Retrieved on: 
Friday, May 3, 2024
GAAP, Equity, Central Time, TDS, Depreciation, Foot, Tax, U.S. Cellular, Event, Adjustment, OIBDA, Interest

CHICAGO, May 3, 2024 /PRNewswire/ --

Key Points: 
  • EBITDA, Adjusted EBITDA and Adjusted OIBDA are defined as net income adjusted for the items set forth in the reconciliation above.
  • Additional information and reconciliations related to Non-GAAP financial measures for March 31, 2024, can be found on TDS' website at investors.tdsinc.com.
  • 2024 Estimated Results do not reflect any anticipated costs, expenses or results of the strategic alternatives review referenced above.
  • TDS will hold a conference call on May 3, 2024 at 9:00 a.m. Central Time.

BNCCORP, INC. REPORTS FIRST QUARTER NET INCOME OF $1.7 MILLION, OR $0.49 PER DILUTED SHARE

Retrieved on: 
Friday, May 3, 2024
Sale, Federal Reserve, SBIC, Depreciation, Mortgage loan, Federal, SBA, Tax, Bank, Movement

BISMARCK, N.D., May 3, 2024 /PRNewswire/ -- BNCCORP, INC. (BNC or the Company) (OTCQX Markets: BNCC), which operates community banking and wealth management businesses in North Dakota and Arizona, today reported financial results for the first quarter ended March 31, 2024.

Key Points: 
  • The Community Banking Segment reported net income of $2.1 million, or $0.58 per diluted share, for the quarter compared to $3.0 million in the first quarter of 2023.
  • Consolidated net interest income for the first quarter of 2024 was $7.9 million, a decrease of $582 thousand, or 6.9%, from $8.4 million in the first quarter of 2023.
  • Net interest margin was 3.52% in the first quarter of 2024 compared to 3.97% reported in the prior year period.
  • In the first quarter of 2024, consolidated income tax expense was $535 thousand, compared to $453 thousand in the first quarter of 2023.

2U Reports Results for First Quarter 2024

Retrieved on: 
Thursday, May 2, 2024
FCE, 2U, Depreciation, Forecasting, Public expenditure, Tax, Acquisition, Marketing, GAAP, Growth, Insurance

LANHAM, Md., May 2, 2024 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), a leading online education platform company, today reported financial and operating results for the quarter ended March 31, 2024.

Key Points: 
  • LANHAM, Md., May 2, 2024 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), a leading online education platform company, today reported financial and operating results for the quarter ended March 31, 2024.
  • "While we are pleased that first quarter results were better than our expectations, significant work remains to execute our turnaround," added Matthew Norden, Chief Financial Officer of 2U.
  • Costs and expenses for the quarter totaled $225.7 million, a 13% decrease from $258.7 million in the first quarter of 2023.
  • In addition, guidance assumes the following: (i) no new portfolio management activities in 2024 and (ii) revenue from 2023 portfolio management activities of $15 million in full-year 2024.

AdTheorent named Leader in the 2024 SPARK Matrix for AdTech Platforms by Quadrant Knowledge Solutions

Retrieved on: 
Thursday, May 2, 2024
Knowledge, SPARK, Depreciation, Quadrant, Machine learning, Matrix, Organization, Adtech (company)

The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading AdTech platform vendors.

Key Points: 
  • The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading AdTech platform vendors.
  • MIDDLETON, Mass., May 2, 2024 /PRNewswire/ -- Quadrant Knowledge Solutions announced today that it has named AdTheorent as a 2024 technology Leader in the SPARK Matrix analysis of the global AdTech Platform market.
  • Quadrant Knowledge Solutions' AdTech Platform market research includes a detailed global market analysis, competitive landscape, and functional capabilities.
  • "We are honored to be recognized as a leader in the 2024 Spark Matrix for AdTech Platforms by Quadrant Knowledge Solutions.'