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Interface Reports Third Quarter 2023 Results

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Friday, November 3, 2023
Home Goods, Commercial Building & Real Estate, Construction & Property, Other Manufacturing, Interior Design, Manufacturing, Retail, Residential Building & Real Estate, Sumathi Best Television Current Reporting Award, Nora, SG, EBITDA, News, GAAP, Interest, Internet, EPS, Webcast, Renminbi, Capital expenditure, AOI, Hand, Depreciation, CFO, Interface, Inc., Mobile phone, Self storage, Bank, Reinsurance, Pharmaceutical industry, Music, Bookkeeping, Beauty salon, Cryptocurrency, Maple syrup, Insurance, Euro, Interface

Interface, Inc. (Nasdaq: TILE), a worldwide commercial flooring company and global leader in sustainability, today announced results for the third quarter ended October 1, 2023.

Key Points: 
  • Interface, Inc. (Nasdaq: TILE), a worldwide commercial flooring company and global leader in sustainability, today announced results for the third quarter ended October 1, 2023.
  • Third quarter 2023 adjusted operating income ("AOI") was $32.4 million versus AOI of $31.2 million in the third quarter of 2022.
  • Third quarter 2023 adjusted net income was $16.4 million, or $0.28 per diluted share, versus third quarter 2022 adjusted net income of $17.4 million, or $0.30 per diluted share.
  • Interface will host a conference call on November 3, 2023, at 8:00 a.m. Eastern Time, to discuss its third quarter 2023 results.

Kontoor Brands Reports 2023 Third Quarter Results; Updates 2023 Outlook

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Thursday, November 2, 2023
Fashion, Online Retail, Retail, Manufacturing, Specialty, Textiles, Ratio, Line of credit, Growth, Wrangler, Brand, Kontoor Brands, NYSE, Notional amount, U.S. Customs and Border Protection, SG, EBITDA, GAAP, United States Customs Service, Interest, Internet, Lee, Expense, EPS, Capital expenditure, Depreciation, KTB, General Administration of Press and Publication, DTC, Investment, Administration, Bank, Bookkeeping, Security (finance), Video game, Arms industry, Pharmaceutical industry, Health insurance, International

And we delivered another solid quarter in DTC, a critical growth pillar of our diversified, accretive growth strategy,” said Scott Baxter, President, Chief Executive Officer and Chair of Kontoor Brands.

Key Points: 
  • And we delivered another solid quarter in DTC, a critical growth pillar of our diversified, accretive growth strategy,” said Scott Baxter, President, Chief Executive Officer and Chair of Kontoor Brands.
  • Late in the third quarter of 2023, management identified inaccuracies in processing certain transactions with U.S. Customs and Border Protection (“U.S.
  • These inaccuracies resulted in underpayment of certain duties owed to U.S. Customs for the 2021 to 2023 periods.
  • Kontoor Brands will host its third quarter conference call beginning at 8:30 a.m. Eastern Time today, November 2, 2023.

Ubiquiti Inc. Reports First Quarter Fiscal 2024 Financial Results

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Friday, November 3, 2023
Networks, Internet, Data Management, Technology, Software, SG, Interest, Army Network Enterprise Technology Command, GAAP, Marketing, Research, R, Service, Video game, Pharmaceutical industry, Insurance, Bank

Revenues for the first quarter fiscal 2024 were $463.1 million, representing a decrease from the prior quarter of 5.7% and a decrease from the comparable prior year period of 7.0%.

Key Points: 
  • Revenues for the first quarter fiscal 2024 were $463.1 million, representing a decrease from the prior quarter of 5.7% and a decrease from the comparable prior year period of 7.0%.
  • During the first quarter fiscal 2024, GAAP gross profit was $183.9 million.
  • During the first quarter fiscal 2024, GAAP net income was $87.8 million and non-GAAP net income was $88.9 million.
  • First quarter fiscal 2024 GAAP earnings per diluted share was $1.45 and non-GAAP earnings per diluted share was $1.47.

Cirrus Logic Reports Fiscal Second Quarter Revenue of $481.1 Million

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Thursday, November 2, 2023
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Cirrus Logic, Inc. (NASDAQ: CRUS) today posted on its website at investor.cirrus.com the quarterly Shareholder Letter that contains the complete financial results for the second quarter fiscal year 2024, which ended September 23, 2023, as well as the company’s current business outlook.

Key Points: 
  • Cirrus Logic, Inc. (NASDAQ: CRUS) today posted on its website at investor.cirrus.com the quarterly Shareholder Letter that contains the complete financial results for the second quarter fiscal year 2024, which ended September 23, 2023, as well as the company’s current business outlook.
  • “Cirrus Logic delivered revenue near the top end of guidance in the September quarter,” said John Forsyth, Cirrus Logic president and chief executive officer.
  • Cirrus Logic will host a live Q&A session at 6 p.m. EDT today to discuss its financial results and business outlook.
  • A replay of the webcast can be accessed on the Cirrus Logic website approximately two hours following its completion or by calling (647) 362-9199, or toll-free at (800) 770-2030 (Access Code: 95424).

Cerus Corporation Announces Third Quarter 2023 Financial Results

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Thursday, November 2, 2023
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Cerus Corporation (Nasdaq: CERS) today announced financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Cerus Corporation (Nasdaq: CERS) today announced financial results for the third quarter ended September 30, 2023.
  • Product gross margin for the third quarter of 2023 was 54.9% compared to 55.4% for the third quarter of 2022.
  • R&D expenses for the third quarter of 2023 were $16.8 million, compared to $16.2 million for the third quarter of 2022.
  • Net loss attributable to Cerus Corporation for the third quarter of 2023 was $7.3 million, or $0.04 per basic and diluted share, compared to a net loss attributable to Cerus Corporation of $8.5 million, or $0.05 per basic and diluted share, for the third quarter of 2022.

Puma Biotechnology Reports Third Quarter 2023 Financial Results

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Thursday, November 2, 2023
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Puma Biotechnology, Inc. (NASDAQ: PBYI), a biopharmaceutical company, announced financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Puma Biotechnology, Inc. (NASDAQ: PBYI), a biopharmaceutical company, announced financial results for the third quarter ended September 30, 2023.
  • Unless otherwise stated, all comparisons are for the third quarter of 2023 compared to the third quarter of 2022.
  • Product revenue, net in the third quarter of 2023 was $51.6 million, compared to $54.3 million in the third quarter of 2022.
  • Total other expenses were $2.6 million for the third quarter of 2023, compared to $2.7 million for the third quarter of 2022.

Sweetgreen, Inc. Announces Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, November 2, 2023
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Sweetgreen, Inc. (NYSE: SG) (the “Company”), the mission-driven, next generation restaurant and lifestyle brand that serves healthy food at scale, today announced financial results for its third fiscal quarter ended September 24, 2023.

Key Points: 
  • Sweetgreen, Inc. (NYSE: SG) (the “Company”), the mission-driven, next generation restaurant and lifestyle brand that serves healthy food at scale, today announced financial results for its third fiscal quarter ended September 24, 2023.
  • For the third quarter of fiscal year 2023, compared to the third quarter of fiscal year 2022:
    Total revenue was $153.4 million, versus $124.0 million in the prior year period, an increase of 24%.
  • Our loss from operations margin was (17)% for the third quarter of 2023 versus (43)% in the prior year period.
  • Sweetgreen will host a conference call to discuss its financial results and financial outlook today, November 2, 2023, at 2:00 p.m. Pacific Time.

Aurinia Pharmaceuticals Reports Third Quarter and Nine Months 2023 Financial and Operational Results

Retrieved on: 
Thursday, November 2, 2023
Science, Other Science, Biotechnology, Research, Pharmaceutical, General Health, Health, Other Health, SLE, PSF, FDA, Insurance, American College, EGFR, U.S.–Canada Team Tournament (Go), Conversation, SG, EDGAR, SEDAR, American Society of Nephrology, AURORA, Nephrology, Lupus, Persistent environment, EC, Glomerular filtration rate, R, Society, Arthritis & Rheumatology, Bank statement, Growth, Risk, Marketing, Webcast, Analysis, Healthcare Improvement Scotland, American College of Rheumatology, Safety, LN, Investment, Management, Patient, Ariad Pharmaceuticals, Inc. v. Eli Lilly & Co., Rheumatology, Cryptocurrency, Pharmaceutical industry, Rare-earth element, Aurinia

Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH) (Aurinia or the Company) today issued its financial results for the three and nine months ended September 30, 2023.

Key Points: 
  • Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH) (Aurinia or the Company) today issued its financial results for the three and nine months ended September 30, 2023.
  • Total net revenue was $54.5 million for the three months ended September 30, 2023 and $55.8 million for the same period in 2022.
  • Financial Results for the Three and Nine Months Ended September 30, 2023
    Total net revenue was $54.5 million and $55.8 million for the three months ended September 30, 2023 and September 30, 2022, respectively.
  • Aurinia will host a conference call and webcast to discuss the quarter ended September 30, 2023 financial results today, Thursday, November 2, 2023 at 8:30 a.m.

Carvana Announces Record Third Quarter Results for Total Gross Profit per Unit, Net Income, and Adjusted EBITDA

Retrieved on: 
Thursday, November 2, 2023
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“For the second consecutive quarter, we delivered GPUs that far exceed our 2021 high water marks and generated hundreds of millions of positive net income and Adjusted EBITDA despite a challenging industry environment.

Key Points: 
  • “For the second consecutive quarter, we delivered GPUs that far exceed our 2021 high water marks and generated hundreds of millions of positive net income and Adjusted EBITDA despite a challenging industry environment.
  • Looking toward 2024, Carvana expects to drive significant Total GPU and Adjusted EBITDA1 for the second consecutive year.
  • Carvana will host a conference call today, November 2, 2023, at 5:30 p.m. EDT (2:30 p.m. PDT) to discuss financial results.
  • Total gross profit per retail unit, non-GAAP is Gross profit, non-GAAP divided by retail vehicle unit sales.

SiteOne Landscape Supply Announces Third Quarter 2023 Earnings

Retrieved on: 
Wednesday, November 1, 2023
Landscape, Other Retail, Retail, Construction & Property, Specialty, PVC, Adjustment, SG, EBITDA, Growth, NYSE, Video game, Pharmaceutical industry

SiteOne Landscape Supply, Inc. (the “Company” or “SiteOne”) (NYSE: SITE) announced earnings for its third quarter ended October 1, 2023 (“Third Quarter 2023”).

Key Points: 
  • SiteOne Landscape Supply, Inc. (the “Company” or “SiteOne”) (NYSE: SITE) announced earnings for its third quarter ended October 1, 2023 (“Third Quarter 2023”).
  • Gross profit was $388.1 million for the Third Quarter 2023 which was similar to prior-year period gross profit of $388.6 million.
  • Selling, general and administrative expenses (“SG&A”) for the Third Quarter 2023 increased to $311.8 million from $289.2 million for the prior-year period.
  • Adjusted EBITDA decreased 12% to $119.8 million for the Third Quarter 2023, compared to $135.6 million for the prior-year period.