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Glaukos Announces Third Quarter 2023 Financial Results

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Wednesday, November 1, 2023

Glaukos Corporation (NYSE: GKOS), an ophthalmic medical technology and pharmaceutical company focused on novel therapies for the treatment of glaucoma, corneal disorders and retinal diseases, today announced financial results for the third quarter ended September 30, 2023.

Key Points:

Glaukos Corporation (NYSE: GKOS), an ophthalmic medical technology and pharmaceutical company focused on novel therapies for the treatment of glaucoma, corneal disorders and retinal diseases, today announced financial results for the third quarter ended September 30, 2023.
“Our solid third quarter results reflect successful execution of our global commercial strategies,” said Thomas Burns, Glaukos chairman and chief executive officer.
Loss from operations in the third quarter of 2023 was $28.0 million, compared to operating loss of $21.6 million in the third quarter of 2022.
Non-GAAP loss from operations in the third quarter of 2023 was $21.8 million, compared to non-GAAP operating loss of $15.3 million in the third quarter of 2022.

e.l.f. Beauty Announces Second Quarter Fiscal 2024 Results

Retrieved on:

Wednesday, November 1, 2023

Beauty (NYSE: ELF) today announced results for the three and six months ended September 30, 2023.

Key Points:

Beauty (NYSE: ELF) today announced results for the three and six months ended September 30, 2023.
“In Q2, we grew net sales by 76% and category share by 330 basis points, marking our 19th consecutive quarter of growth in each.
The updated outlook for fiscal 2024 reflects an expected 55-57% year-over-year increase in net sales, as compared to an expected 37-39% increase previously.
Beauty continues to expect Naturium to contribute approximately $48 million in net sales, approximately $9 million in adjusted EBITDA and approximately $0.04 in adjusted EPS on a fully diluted basis in fiscal 2024.

Franklin Covey Reports Strong Financial Results for Full Year Fiscal 2023 and Fourth Quarter

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Wednesday, November 1, 2023

Paul Walker, President and Chief Executive Officer, commented, “We were really pleased with our results for the fourth quarter and full fiscal 2023 year.

Key Points:

Paul Walker, President and Chief Executive Officer, commented, “We were really pleased with our results for the fourth quarter and full fiscal 2023 year.
The following is a summary of financial results for the fourth quarter of fiscal 2023:
Net Sales: Consolidated sales for the quarter ended August 31, 2023, were $78.0 million compared with $78.8 million in the fourth quarter of fiscal 2022.
For the fourth quarter of fiscal 2023, Enterprise Division sales grew to $52.4 million compared with $52.2 million in fiscal 2022.
On Wednesday, November 1, 2023, at 5:00 p.m. Eastern (3:00 p.m. Mountain) Franklin Covey will host a conference call to review its fourth quarter and fiscal 2023 full-year financial results.

The Container Store Group, Inc. Announces Second Quarter 2023 Financial Results

Retrieved on:

Tuesday, October 31, 2023

The Container Store Group, Inc. (NYSE: TCS) (the “Company”), today announced its financial results for the second quarter of fiscal 2023 ended September 30, 2023.

Key Points:

The Container Store Group, Inc. (NYSE: TCS) (the “Company”), today announced its financial results for the second quarter of fiscal 2023 ended September 30, 2023.
Consolidated depreciation and amortization increased 8.7% to $10.4 million in the second quarter of fiscal 2023 from $9.5 million in the second quarter of fiscal 2022.
The effective tax rate was (2.6)% in the second quarter of fiscal 2023, as compared to 25.9% in the second quarter of fiscal 2022.
Adjusted EBITDA* was $17.0 million in the second quarter of fiscal 2023 compared to $35.9 million in the second quarter of fiscal 2022.

Flexsteel Industries, Inc. Reports Fiscal First Quarter 2024 Results

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Tuesday, October 31, 2023

Manufacturing, Home Goods, Other Manufacturing, Textiles, Retail, SG, Growth, Conference call, Conference, GAAP, Central Time, Capital expenditure, Rare-earth element, Video game, Bank

Flexsteel Industries, Inc. (NASDAQ: FLXS) (“Flexsteel” or the “Company”), one of the largest manufacturers, importers, and marketers of residential furniture products in the United States, today reported first quarter fiscal 2024 results.

Key Points:

Flexsteel Industries, Inc. (NASDAQ: FLXS) (“Flexsteel” or the “Company”), one of the largest manufacturers, importers, and marketers of residential furniture products in the United States, today reported first quarter fiscal 2024 results.
Key Results for the First Quarter Ended September 30, 2023
Net sales for the quarter of $94.6 million compared to $95.7 million in the prior year quarter, a decrease of (1.1%).
GAAP net income per diluted share of $0.14 for the current quarter compared to net income of $0.05 in the prior year quarter.
Non-GAAP net income per diluted share of $0.14 for the quarter compared to non-GAAP net income of $0.09 in the prior year quarter.

Hayward Holdings Announces Third Quarter Fiscal Year 2023 Financial Results

Retrieved on:

Tuesday, October 31, 2023

Hayward Holdings, Inc. (NYSE: HAYW) (“Hayward” or the “Company”), a global designer, manufacturer and marketer of a broad portfolio of pool and outdoor living technology, today announced financial results for the third quarter ended September 30, 2023 of its fiscal year 2023.

Key Points:

Hayward Holdings, Inc. (NYSE: HAYW) (“Hayward” or the “Company”), a global designer, manufacturer and marketer of a broad portfolio of pool and outdoor living technology, today announced financial results for the third quarter ended September 30, 2023 of its fiscal year 2023.
Comparisons are to financial results for the prior-year third fiscal quarter.
Gross profit decreased by 2% to $105.4 million for the third quarter of fiscal 2023.
Selling, general, and administrative expense (“SG&A”) increased by 18% to $59.5 million for the third quarter of fiscal 2023.

Cognex Reports Third Quarter 2023 Results

Retrieved on:

Tuesday, October 31, 2023

In the first nine months of 2023, Cognex generated $98 million in cash from operations.

Key Points:

In the first nine months of 2023, Cognex generated $98 million in cash from operations.
Cognex believes these non-GAAP financial measures are helpful because they allow investors to more accurately compare results over multiple periods using the same methodology that management employs in its budgeting process and in its review of operating results.
Cognex also uses results on a constant-currency basis as one measure to evaluate its performance and compares results between periods as if the exchange rates had remained constant period-over-period.
A replay will begin at 12:30 p.m. EDT today and will be available until 11:59 p.m. EDT on Friday, November 3, 2023.

Trex Company Reports Third Quarter 2023 Results

Retrieved on:

Monday, October 30, 2023

Trex Company, Inc. (NYSE:TREX), the world’s #1 brand of high-performance, low-maintenance and eco-friendly decking and railing and a leader in outdoor living products, today reported third quarter 2023 results.

Key Points:

Trex Company, Inc. (NYSE:TREX), the world’s #1 brand of high-performance, low-maintenance and eco-friendly decking and railing and a leader in outdoor living products, today reported third quarter 2023 results.
“The third quarter was another quarter of strong results as underlying consumer demand for Trex products, together with operating efficiencies and improved utilization, drove robust performance across all key financial metrics.
“Year-to-date results reflect the resilience of consumer demand for Trex products and the strength of the outdoor living category.
Trex will hold a conference call to discuss its second quarter 2023 results on Monday, October 30, 2023 at 5:00 p.m.

Dr. Reddy’s Q2 FY24 Financial Results

Retrieved on:

Friday, October 27, 2023

Q2 FY24 revenue at Rs.

Key Points:

Q2 FY24 revenue at Rs.
Q2 FY24 revenue at Rs.
Q2 FY24 revenue at Rs.
Net Finance income for Q2 FY24 at Rs.1.2 billion compared to net finance expense of Rs.

Metal Powder Works & Solvus Global Announce Strategic Alliance

Retrieved on:

Thursday, November 2, 2023

SG, Aga Khan Development Network, Acquisition, Powder, AM, R, Partnership, Alloy, MPW, AMS, 3D printing

SEWICKLEY, Pa., Nov. 2, 2023 /PRNewswire-PRWeb/ -- In a groundbreaking collaboration that will move the needle on the future of powder production for the advanced manufacturing industry, Solvus Global (SG) and Metal Powder Works (MPW) are announcing a strategic alliance in the development of new materials. A pivotal aspect of this collaboration is Solvus Global's acquisition of a Metal Powder Works DirectPowder™ system, the first unit to be placed outside MPW's Pittsburgh production facility.

Key Points:

SEWICKLEY, Pa., Nov. 2, 2023 /PRNewswire-PRWeb/ -- In a groundbreaking collaboration that will move the needle on the future of powder production for the advanced manufacturing industry, Solvus Global (SG) and Metal Powder Works (MPW) are announcing a strategic alliance in the development of new materials.
A pivotal aspect of this collaboration is Solvus Global's acquisition of a Metal Powder Works DirectPowder™ system, the first unit to be placed outside MPW's Pittsburgh production facility.
John Barnes Metal Powder Works' CEO and Founder commented on this exciting development, "We've known the people at Solvus Global for a very long time, even before MPW existed.
This partnership between Solvus Global and Metal Powder Works is a testament to the shared commitment to pushing the envelope in additive manufacturing and powder production.