SG

LL Flooring Reports Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 8, 2023
Home Goods, Interior Design, Retail, Construction & Property, Specialty, PVC, Ageing, Operating cost, Social media, NYSE, Uyghur Forced Labor Prevention Act, SG, LL Flooring, GAAP, Gold, United States Customs Service, Pro, Growth, CBP, Credit, Credit agreements in South Africa, Depreciation, CRM, LL, Investment, Deleveraging, Music, Pharmaceutical industry, Real estate, Video game

LL Flooring Holdings, Inc. ("LL Flooring" or "Company") (NYSE: LL), a leading specialty retailer of hard-surface flooring in the U.S., today announced financial results for the quarter ended September 30, 2023.

Key Points: 
  • LL Flooring Holdings, Inc. ("LL Flooring" or "Company") (NYSE: LL), a leading specialty retailer of hard-surface flooring in the U.S., today announced financial results for the quarter ended September 30, 2023.
  • During the third quarter, the Company opened one store, bringing total stores to 443 as of September 30, 2023.
  • Loss per diluted share was $1.25 for the third quarter compared to $0.13 for the third quarter of last year.
  • Adjusted loss per diluted share1 was $0.78 for the third quarter compared to $0.14 for the third quarter of last year.

James Hardie Industries Announces Second Quarter Fiscal Year 2024 Results

Retrieved on: 
Tuesday, November 7, 2023
Professional Services, Insurance, Finance, ASX, High value products, Hardie, NYSE, ESG, Public expenditure, James Hardie Industries, SG, ASP, Sustainability reporting, EBIT, Growth, EPS, Comparative advantage, HOS, Share repurchase, JHX, Volume, Calendar, Bookkeeping, Fine chemical, Renewable energy

James Hardie Industries plc (ASX: JHX; NYSE: JHX), today announced results for its second quarter ending 30 September 2023.

Key Points: 
  • James Hardie Industries plc (ASX: JHX; NYSE: JHX), today announced results for its second quarter ending 30 September 2023.
  • Our team is focused on maintaining momentum to deliver strong financial results again in the third quarter as highlighted by our guidance range provided today.
  • Operating cash flow increased 74% to a record US$459.1 million for the first half of fiscal year 2024.
  • Guidance for the third quarter of fiscal year 2024; includes:
    For the full year FY24, we expect to spend a total of approximately US$550 million in capital expenditures.

Masonite International Corporation Reports Third Quarter Results Featuring Margin Resilience and Strong Operating Cash Flow

Retrieved on: 
Tuesday, November 7, 2023
Interior Design, Architecture, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, AUP, SG, EBITDA, Face, Conference, Acquisition, Webcast, Capital expenditure, Depreciation, AR, Pharmaceutical industry, Real estate, Video game, Endura, Masonite

Subsequent to the quarter end, we were pleased to announce the acquisition of Fleetwood, a leading manufacturer of high-end glass doors for luxury homes.

Key Points: 
  • Subsequent to the quarter end, we were pleased to announce the acquisition of Fleetwood, a leading manufacturer of high-end glass doors for luxury homes.
  • SG&A as a percentage of net sales increased 260 basis points to 14% compared to the third quarter of 2022.
  • Adjusted EBITDA* was $107 million in the third quarter of 2023, a decrease of 4% driven primarily by the impact of volume declines.
  • During the third quarter, Masonite repurchased approximately 106,329 shares of stock for $10 million, at an average price of $94.05.

USD Partners LP Announces Third Quarter 2023 Results

Retrieved on: 
Tuesday, November 7, 2023
Rail, Other Energy, Transport, Oil, Gas, Alternative Energy, Energy, Partner, NYSE Listed Company Manual, Sale, Bank, NYSE, Stroud, Bank of Montreal, SG, EBITDA, Quarter, Acquisition, Maintenance, Casper, Depreciation, Uinta Basin, Partnership accounting, Credit, Credit agreements in South Africa, Borrowing base, USD, Letter, Partnership, USDP, Bookkeeping, Cryptocurrency, Video game, Commercial property, Security (finance), Hardisty

USD Partners LP (NYSE: USDP) (the “Partnership”) announced today its operating and financial results for the three and nine months ended September 30, 2023.

Key Points: 
  • USD Partners LP (NYSE: USDP) (the “Partnership”) announced today its operating and financial results for the three and nine months ended September 30, 2023.
  • In October 2023, the customer elected to extend the terminalling services agreement through January 2024.
  • The Partnership had lower operating costs during the third quarter of 2023 as compared to the third quarter of 2022.
  • Adjusted EBITDA for the third quarter of 2023 decreased by 84% when compared to the same period in 2022 due primarily to the factors discussed above.

Quarterhill Announces Q3 Fiscal 2023 Financial Results

Retrieved on: 
Wednesday, November 8, 2023
ITS, Cairo Ohio River Bridge, Sale, Telephone number (mathematics), Financial statement, State of Hawaii Department of the Attorney General, International, Tax, Conversation, Telephone, Ohio River Bridges Project, SG, SEDAR, EBITDA, Intelligent transportation system, Transport, Research, Bank statement, Ix, Nature, Growth, Hawaii Department of Transportation, Depreciation, USD, WiLAN, Investment, Management, TSX, International Road Dynamics, Cryptocurrency, Rare-earth element, Pharmaceutical industry, Broadcasting, Bookkeeping, Commercial property, Adjustment, SG&A

Financial statements for the three and nine months ended September 30, 2023, and for the respective comparison periods, have been prepared to reflect continuing operations and therefore exclude results during those periods from Wi-LAN Inc. ("WiLAN"), which was sold by Quarterhill on June 15, 2023.

Key Points: 
  • Financial statements for the three and nine months ended September 30, 2023, and for the respective comparison periods, have been prepared to reflect continuing operations and therefore exclude results during those periods from Wi-LAN Inc. ("WiLAN"), which was sold by Quarterhill on June 15, 2023.
  • As a percentage of revenue, SG&A in Q3 2023 was 18% compared to 27% in Q3 2022.
  • Quarterhill will host a conference call to discuss its financial results today at 10:00 AM Eastern Time.
  • These non-IFRS financial measures and non-IFRS ratios are not standardized financial measures under IFRS, and, therefore, are unlikely to be comparable to similar financial measures presented by other companies.

Ascendis Pharma Reports Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 7, 2023
FDA, Research, IND, CHMP, European Commission, Oncology, SG, Pathway, European Directive on Traditional Herbal Medicinal Products, GHD, Southern Transcon, Carcinoma, R, Achondroplasia, SDS, OLE, Enlightenment, European Medicines Agency, Webcast, CNP, Keep Reachin Up, All Our Relations: Finding the Path Forward, Endocrine gland, NDA, Safety, Growth hormone, Patient, Drug discovery, Pharmaceutical industry, Ophthalmology

Topline results from Phase 3 foresiGHt Trial in adult growth hormone deficiency expected in the fourth quarter of 2023, potentially opening a new label expansion opportunity.

Key Points: 
  • Topline results from Phase 3 foresiGHt Trial in adult growth hormone deficiency expected in the fourth quarter of 2023, potentially opening a new label expansion opportunity.
  • As of September 30, 2023, Ascendis Pharma had cash, cash equivalents, and marketable securities totaling €455.4 million compared to €742.9 million as of December 31, 2022.
  • Ascendis Pharma will host a conference call and webcast today at 4:30 pm Eastern Time (ET) to discuss its third quarter 2023 financial results.
  • The link to the live webcast will also be available on the Investors & News section of the Ascendis Pharma website at https://investors.ascendispharma.com .

PetIQ, Inc. Reports Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 7, 2023
Adjustment, Walmart, Health, Co-production (public services), Flea, History, Service, SG, EBITDA, Pet, GAAP, Acquisition, Internet, Advertising, Growth, EPS, Depreciation, ABL, Investment, Pharmaceutical industry, Pet industry, Health care, Reinsurance, Real estate, Cryptocurrency, Bank, EAGLE

Cord Christensen, PetIQ’s Chairman & CEO commented, “We are pleased to report the highest third quarter financial results in the history of the Company.

Key Points: 
  • Cord Christensen, PetIQ’s Chairman & CEO commented, “We are pleased to report the highest third quarter financial results in the history of the Company.
  • We generated growth significantly above our guidance resulting in strong third quarter 2023 cash generation and record low net leverage.
  • The Company closed 45 wellness centers during the third quarter and expects to close the remaining 104 wellness centers in the fourth quarter ending December 31, 2023.
  • The Company ended the third quarter of 2023 with 237 wellness centers and expects to end 2023 with 133 wellness centers.

Nature's Sunshine Reports Strong Third Quarter 2023 Results

Retrieved on: 
Tuesday, November 7, 2023
Adjustment, Depreciation, SG, Capital expenditure, Gateway Group, Growth, EBITDA, Investment, GAAP, Tax, Capital, Video game

Excluding the impact from foreign exchange rates, net sales in the third quarter of 2023 increased 7.1% compared to the year-ago quarter.

Key Points: 
  • Excluding the impact from foreign exchange rates, net sales in the third quarter of 2023 increased 7.1% compared to the year-ago quarter.
  • Selling, general and administrative expenses ("SG&A") in the third quarter were $41.3 million compared to $36.8 million in the year‐ago quarter.
  • As a percentage of net sales, SG&A expenses were 37.1% for the third quarter of 2023 compared to 35.2% in the year-ago quarter.
  • The provision for income taxes was $1.8 million in the third quarter of 2023 compared to $2.5 million for the year-ago quarter.

Snap One Reports Fiscal Third Quarter 2023 Results

Retrieved on: 
Tuesday, November 7, 2023
Event, Triad, Control4, SG, EBITDA, Gateway Group, Software, Growth, Partnership, OS2, Cryptocurrency, Video game, Hunting, Pharmaceutical industry

CHARLOTTE, N.C., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Snap One Holdings Corp. (Nasdaq: SNPO) (“Snap One,” the “Company,” “we,” or “our”), a provider of smart living products, services, and software to professional integrators, reported financial results for the fiscal third quarter ended September 29, 2023.

Key Points: 
  • CHARLOTTE, N.C., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Snap One Holdings Corp. (Nasdaq: SNPO) (“Snap One,” the “Company,” “we,” or “our”), a provider of smart living products, services, and software to professional integrators, reported financial results for the fiscal third quarter ended September 29, 2023.
  • Further, we drove key margin enhancement initiatives, which allowed us to deliver improved profitability in the quarter on a year-over-year basis.
  • We also continued to execute our plan to right-size inventory levels, enabling us to fully repay our revolving credit facility and to strengthen our liquidity position as we plan for 2024 and beyond.”
    Results compare 2023 fiscal third quarter end (September 29, 2023) to 2022 fiscal third quarter end (September 30, 2022) unless otherwise indicated.
  • Snap One management will hold a conference call today, November 7, 2023 at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) to discuss these results.

MRC Global Announces Third Quarter 2023 Results

Retrieved on: 
Tuesday, November 7, 2023
Permian, Utility, Production, NYSE, International, SG, EBITDA, GAAP, MRC, Debt, Internet, Growth, Webcast, Central Time, Landfill gas utilization, Gas, Rare-earth element, Video game, Bookkeeping, Arms industry, Bank, PTI, DIET, Rocky Mountains

HOUSTON, Nov. 07, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves, fittings and infrastructure products and services to diversified energy, industrial and gas utilities end-markets, today announced third quarter 2023 results.

Key Points: 
  • HOUSTON, Nov. 07, 2023 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves, fittings and infrastructure products and services to diversified energy, industrial and gas utilities end-markets, today announced third quarter 2023 results.
  • MRC Global’s third quarter 2023 gross profit was $183 million, or 20.6% of sales, as compared to the third quarter 2022 gross profit of $165 million, or 18.3% of sales.
  • Adjusted SG&A for the third quarter of 2023 was $123 million, or 13.9% of sales, excluding a $3 million customer settlement expense.
  • As of September 30, 2023, the company's backlog was $718 million, a 6% decline compared to the previous quarter.