Bookkeeping

Cable One Reports First Quarter 2024 Results

Retrieved on: 
Thursday, May 2, 2024

Line extensions include network costs associated with entering new service areas (e.g., fiber/coaxial cable, amplifiers, electronic equipment, make-ready and design engineering).

Key Points: 
  • Line extensions include network costs associated with entering new service areas (e.g., fiber/coaxial cable, amplifiers, electronic equipment, make-ready and design engineering).
  • Upgrade/rebuild includes costs to modify or replace existing fiber/coaxial cable networks, including betterments.
  • Cable One will host a conference call with the financial community to discuss results for the first quarter of 2024 on Thursday, May 2, 2024, at 5 p.m. Eastern Time (ET).
  • A replay of the call will be available from May 2, 2024 until May 16, 2024 at ir.cableone.net.

Ingersoll Rand Reports Record First Quarter 2024 Revenue, Adjusted EBITDA, and Adjusted EPS Performance

Retrieved on: 
Thursday, May 2, 2024

Ingersoll Rand Inc. (NYSE: IR) reported record first quarter revenues, Adjusted EBITDA, and Adjusted EPS.

Key Points: 
  • Ingersoll Rand Inc. (NYSE: IR) reported record first quarter revenues, Adjusted EBITDA, and Adjusted EPS.
  • “Our team delivered another strong start to the year with record first quarter revenue, Adjusted EBITDA, and Adjusted EPS,” said Vicente Reynal, chairman and chief executive officer of Ingersoll Rand.
  • Consistent with our comprehensive capital allocation strategy led by M&A, in the first quarter of 2024, Ingersoll Rand deployed $143 million to M&A.
  • Ingersoll Rand is raising its guidance for full-year 2024 Adjusted EBITDA and Adjusted EPS ranges based on the strong performance in the first quarter, and its expectations of continued strong commercial and operational performance for the balance of the year:

AES Reports Strong First Quarter Results; Reaffirms 2024 Guidance & Long-Term Growth Rates

Retrieved on: 
Thursday, May 2, 2024

ARLINGTON, Va., May 2, 2024 /PRNewswire/ -- The AES Corporation (NYSE: AES) today reported financial results for the quarter ended March 31, 2024.

Key Points: 
  • "With our first quarter results and our future outlook, I am pleased to reaffirm our full year 2024 guidance and long-term growth rates through 2027," said Stephen Coughlin, AES Executive Vice President and Chief Financial Officer.
  • First quarter 2024 Net Income was $278 million, an increase of $89 million compared to first quarter 2023.
  • Since the Company's fourth quarter 2023 earnings call in February 2024, the Company signed 1.2 GW of long-term contracts for new renewables.
  • The Company's 2024 guidance is based on foreign currency and commodity forward curves as of March 31, 2024.

Shutterstock Reports First Quarter 2024 Financial Results

Retrieved on: 
Thursday, May 2, 2024

Shutterstock cautions investors that non-GAAP financial measures are not based on any standardized methodology prescribed by GAAP and are not necessarily comparable to similarly-titled measures presented by other companies.

Key Points: 
  • Shutterstock cautions investors that non-GAAP financial measures are not based on any standardized methodology prescribed by GAAP and are not necessarily comparable to similarly-titled measures presented by other companies.
  • Management also believes that providing these non-GAAP financial measures enhances the comparability for investors in assessing Shutterstock's financial reporting.
  • The Company will discuss its first quarter and financial results during a teleconference today, May 2, 2024, at 8:30 AM Eastern Time.
  • A webcast replay of the call will be available on the Company's website beginning on May 2, 2024 at approximately 10:30 AM Eastern Time.

Grupo Casas Bahia announces agreement with partner banks and accelerates Transformation Plan

Retrieved on: 
Wednesday, May 1, 2024

SÃO PAULO, May 1, 2024 /PRNewswire/ -- Grupo Casas Bahia has just closed an agreement with their main creditors, Bradesco and Banco do Brasil, which will preserve R$4.3 billion in cash reserves until 2027, of which R$1.5 billion just in 2024. The agreement includes a grace period of 24 months for interest payments and 30 months for principal payments. The average amortization period goes from 22 to 72 months, with a reduction of 1.5 pp in the average cost, which represents a saving of R$400 million during the period.

Key Points: 
  • SÃO PAULO, May 1, 2024 /PRNewswire/ -- Grupo Casas Bahia has just closed an agreement with their main creditors, Bradesco and Banco do Brasil, which will preserve R$4.3 billion in cash reserves until 2027, of which R$1.5 billion just in 2024.
  • The agreement includes a grace period of 24 months for interest payments and 30 months for principal payments.
  • "We are very pleased to have been able to achieve this debt reprofiling, which was only possible thanks to the successful advancement of the operational levers of our Transformation Plan.
  • The Grupo Casas Bahia's Transformation Plan is making strong progress.

Basware's E-invoicing Platform and Carbon Footprint Tracker Helps Customers Slash Paper Invoices by 80%

Retrieved on: 
Monday, April 29, 2024

CHARLOTTE, N.C. and HELSINKI, April 29, 2024 /PRNewswire/ -- Basware, a global leader in AP automation and invoice processing, has released its first Sustainability Report, outlining how it is helping customers reduce their carbon footprint and embrace sustainable practices.

Key Points: 
  • Research shows that the average enterprise still receives half (50%) of its invoices in paper format.
  • Basware's automated e-invoicing platform and online portal helps customers slash their paper-based invoicing by 80%, resulting in less than 10% of invoices being paper-based.
  • To empower customers to further reduce their emissions, Basware Analytics includes an Invoice Carbon Footprint Index Dashboard .
  • This tool calculates CO2 emission savings, as well as the number of trees and water saved by switching to electronic invoices rather than paper.

Basware's E-invoicing Platform and Carbon Footprint Tracker Helps Customers Slash Paper Invoices by 80%

Retrieved on: 
Monday, April 29, 2024

CHARLOTTE, N.C. and HELSINKI, April 29, 2024 /PRNewswire/ -- Basware, a global leader in AP automation and invoice processing, has released its first Sustainability Report, outlining how it is helping customers reduce their carbon footprint and embrace sustainable practices.

Key Points: 
  • Research shows that the average enterprise still receives half (50%) of its invoices in paper format.
  • Basware's automated e-invoicing platform and online portal helps customers slash their paper-based invoicing by 80%, resulting in less than 10% of invoices being paper-based.
  • To empower customers to further reduce their emissions, Basware Analytics includes an Invoice Carbon Footprint Index Dashboard .
  • This tool calculates CO2 emission savings, as well as the number of trees and water saved by switching to electronic invoices rather than paper.

EQS-News: PharmaSGP exceeds the € 100 million revenues mark in 2023 and plans further profitable growth in 2024

Retrieved on: 
Friday, May 3, 2024

The increase in revenues of 17.8% compared to the prior-year period (€ 85.8 million) is based on the strong organic growth achieved by PharmaSGP through the consequent execution of its well-proven platform strategy.

Key Points: 
  • The increase in revenues of 17.8% compared to the prior-year period (€ 85.8 million) is based on the strong organic growth achieved by PharmaSGP through the consequent execution of its well-proven platform strategy.
  • Adjusted earnings before interest, taxes, depreciation and amortization (adjusted EBITDA) amounted to € 34.1 million in the 2023 financial year, an increase of 20.8% compared to the previous year (€ 28.2 million).
  • CFO Michael Rudolf adds: "We reached a milestone last year by exceeding the € 100 million revenues mark for the first time.
  • For the current 2024 financial year, the Management Board of PharmaSGP expects the success story to continue with revenues in a range between € 107.0 million and € 112.0 million.

Paylocity Announces Third Quarter Fiscal Year 2024 Financial Results

Retrieved on: 
Thursday, May 2, 2024

Q3 2024 Recurring & Other Revenue of $366.8 million, up 17% year-over-year

Key Points: 
  • Q3 2024 Recurring & Other Revenue of $366.8 million, up 17% year-over-year
    Q3 2024 Total Revenue of $401.3 million, up 18% year-over-year
    SCHAUMBURG, Ill., May 02, 2024 (GLOBE NEWSWIRE) --  Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based HCM and payroll software solutions, today announced financial results for the third quarter of fiscal year 2024, which ended March 31, 2024.
  • Adjusted EBITDA, a non-GAAP measure, was $167.9 million in the third quarter of fiscal year 2024 compared to $130.7 million in the third quarter of fiscal year 2023.
  • Based on information available as of May 2, 2024, Paylocity is issuing guidance for the fourth quarter and full fiscal year 2024 as indicated below.
  • Paylocity will host a conference call to discuss its third quarter fiscal year 2024 results at 4:30 p.m. Central Time today (5:30 p.m. Eastern Time).

Roper Technologies announces first quarter financial results

Retrieved on: 
Friday, April 26, 2024

SARASOTA, Fla., April 26, 2024 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (Nasdaq: ROP) reported financial results for the first quarter ended March 31, 2024.

Key Points: 
  • SARASOTA, Fla., April 26, 2024 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (Nasdaq: ROP) reported financial results for the first quarter ended March 31, 2024.
  • We completed our acquisition of Procare during the first quarter and remain excited about the value creation opportunity this represents for Roper."
  • Reconciliation of non-GAAP measures to their most directly comparable GAAP measures are included in the accompanying financial schedules or tables.
  • The non-GAAP financial measures disclosed by the Company should not be considered a substitute for, or superior to, financial measures prepared in accordance with GAAP, and the financial results prepared in accordance with GAAP and reconciliations from these results should be carefully evaluated.