Total revenue

ADMA Biologics Announces Second Quarter 2023 Financial Results and Provides Business Update

Retrieved on: 
Wednesday, August 9, 2023

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Key Points: 
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    RAMSEY, N.J. and BOCA RATON, Fla., Aug. 09, 2023 (GLOBE NEWSWIRE) -- ADMA Biologics, Inc. (Nasdaq: ADMA) (“ADMA” or the “Company”), an end-to-end commercial biopharmaceutical company dedicated to manufacturing, marketing, and developing specialty plasma-derived biologics, today announced its second quarter 2023 financial results and provided a business update.
  • Driven by 77% year-over-year revenue growth, which reached $60.1 million during the second quarter of 2023, ADMA grew Adjusted EBITDA to $6.4 million.
  • 2023 & Long-Term Financial Guidance:
    Updated 2023 Financial Guidance: ADMA now anticipates full year 2023 total revenues to meet or exceed $240 million, increased from $220 million previously.
  • As a result, ADMA achieved a gross margin of 27.8% in the second quarter of 2023 as compared to 22.9% in the second quarter of 2022.

Inspired Reports Second Quarter 2023 Results

Retrieved on: 
Wednesday, August 9, 2023

The second quarter 2023 results reflect continued double-digit revenue growth in the Company’s aggregate digital businesses, which comprise the Virtual Sports and Interactive segments, as well as ongoing growth in the Gaming segment and the return to revenue growth in the Leisure segment.

Key Points: 
  • The second quarter 2023 results reflect continued double-digit revenue growth in the Company’s aggregate digital businesses, which comprise the Virtual Sports and Interactive segments, as well as ongoing growth in the Gaming segment and the return to revenue growth in the Leisure segment.
  • “Revenue grew in each of our business lines during the second quarter reflecting solid underlying fundamentals.
  • Gaming Revenue of $31.5 million increased 24% year-over-year on a reported and functional currency basis from the prior year quarter.
  • Current year results reflect the inflationary impact of $0.6 million due to the government-mandated wage increases in the UK and the pull-forward of $0.8 million of certain recurring expenses into the second quarter this year versus the second half last year.

Pixelworks Reports Second Quarter 2023 Financial Results

Retrieved on: 
Tuesday, August 8, 2023

PORTLAND, Ore., Aug. 8, 2023 /PRNewswire/ -- Pixelworks, Inc. (NASDAQ: PXLW), a leading provider of innovative video and display processing solutions, today announced financial results for the second quarter ended June 30, 2023.

Key Points: 
  • Revenue in the second quarter of 2023 was $13.6 million, compared to $10.0 million in the first quarter of 2023 and $19.1 million in the second quarter of 2022.
  • On a GAAP basis, gross profit margin in the second quarter of 2023 was 40.3%, compared to 43.8% in the first quarter of 2023 and 49.0% in the second quarter of 2022.
  • Second quarter 2023 GAAP operating expenses were $12.0 million, compared to $14.7 million in the first quarter of 2023 and $14.5 million in the year-ago quarter.
  • Second quarter 2023 non-GAAP operating expenses were $10.7 million, compared to $13.6 million in the first quarter of 2023 and $12.9 million in the year-ago quarter.

The RealReal Announces Second Quarter 2023 Results

Retrieved on: 
Tuesday, August 8, 2023

SAN FRANCISCO, Aug. 08, 2023 (GLOBE NEWSWIRE) -- The RealReal (Nasdaq: REAL)—the world’s largest online marketplace for authenticated, resale luxury goods—today reported financial results for its second quarter ended June 30, 2023. Second quarter 2023 gross merchandise value (GMV) and total revenue decreased 7% and 15% respectively, compared to the second quarter of 2022, which was driven in part by our purposeful reduction in direct revenue. For the second quarter of 2023, direct revenue was 16% of total revenue compared to 28% of total revenue during the same period in 2022. As a result, the company reported higher gross margins compared to the same period in 2022.

Key Points: 
  • SAN FRANCISCO, Aug. 08, 2023 (GLOBE NEWSWIRE) -- The RealReal (Nasdaq: REAL)—the world’s largest online marketplace for authenticated, resale luxury goods—today reported financial results for its second quarter ended June 30, 2023.
  • Second quarter 2023 gross merchandise value (GMV) and total revenue decreased 7% and 15% respectively, compared to the second quarter of 2022, which was driven in part by our purposeful reduction in direct revenue.
  • For the second quarter of 2023, direct revenue was 16% of total revenue compared to 28% of total revenue during the same period in 2022.
  • In the second quarter of 2023, GMV and revenue exceeded the mid-point of our guidance, and Adjusted EBITDA exceeded the high-end of our guidance range for the quarter,” said John Koryl, Chief Executive Officer of The RealReal.

Rubicon Reports Second Quarter 2023 Financial Results

Retrieved on: 
Tuesday, August 8, 2023

Rubicon Technologies, Inc. (“Rubicon” or the “Company”) (NYSE: RBT), a leading provider of software-based waste, recycling, and fleet operations products for businesses and governments worldwide, today reported financial and operational results for the second quarter of 2023.

Key Points: 
  • Rubicon Technologies, Inc. (“Rubicon” or the “Company”) (NYSE: RBT), a leading provider of software-based waste, recycling, and fleet operations products for businesses and governments worldwide, today reported financial and operational results for the second quarter of 2023.
  • “We are excited to announce our second quarter 2023 results, which include a second consecutive quarter of record Adjusted Gross Profit.
  • Adjusted Gross Profit in the second quarter of 2023 was approximately $17.9 million, an increase of $5.3 million or 41.4% compared to the second quarter of 2022.
  • The Rubicon Technologies management team will host a conference call to discuss its second quarter 2023 financial results this afternoon, Tuesday, August 8, 2023, at 5:00 p.m.

Bumble Inc. Announces Second Quarter 2023 Results

Retrieved on: 
Tuesday, August 8, 2023

Bumble anticipates Total Revenue, Adjusted EBITDA and Adjusted EBITDA margin for the third quarter ending September 30, 2023 and full year ending December 31, 2023 to be:

Key Points: 
  • Bumble anticipates Total Revenue, Adjusted EBITDA and Adjusted EBITDA margin for the third quarter ending September 30, 2023 and full year ending December 31, 2023 to be:
    Total Revenue in the range of $274 million to $280 million, which includes:
    Bumble App Revenue of $221 million to $225 million.
  • Bumble will host a live webcast of its conference call to discuss its second quarter 2023 financial results at 4:30 p.m. Eastern Time today, August 8, 2023.
  • Bumble App Revenue is revenue derived from purchases or renewals of a Bumble app subscription plan and/or in-app purchases on Bumble app in the relevant period.
  • Bumble App Paying User is a user that has purchased or renewed a Bumble app subscription plan and/or made an in-app purchase on Bumble app in a given month.

Tecnoglass Reports Record Second Quarter 2023 Results

Retrieved on: 
Tuesday, August 8, 2023

José Manuel Daes, Chief Executive Officer of Tecnoglass, commented, “Our second quarter results marked another period of exceptional performance despite a challenging macroeconomic environment.

Key Points: 
  • José Manuel Daes, Chief Executive Officer of Tecnoglass, commented, “Our second quarter results marked another period of exceptional performance despite a challenging macroeconomic environment.
  • Net income was $52.6 million, or $1.10 per diluted share, in the second quarter of 2023 compared to net income of $33.4 million, or $0.70 per diluted share, in the prior year quarter, including a non-cash foreign exchange transaction gain of $0.9 million in the second quarter of 2023 and a $2.5 million gain in the second quarter of 2022.
  • The Company declared a quarterly cash dividend of $0.09 per share for the second quarter of 2023, which was paid on July 31, 2023 to shareholders of record as of the close of business on June 30, 2023.
  • Upon dialing in, please request to join the Tecnoglass Second Quarter 2023 Earnings Conference Call.

Powerfleet Reports Second Quarter and First Half 2023 Financial Results

Retrieved on: 
Tuesday, August 8, 2023

WOODCLIFF LAKE, N.J., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Powerfleet, Inc. (Nasdaq: PWFL), reported results for the second quarter and six months ended June 30, 2023.

Key Points: 
  • Second Quarter 2023 Service Revenue was 66% of Total Revenue, up from 57% in the Prior Period, Driving an Expansion in Total Company Gross Margins to 50% from 47%
    WOODCLIFF LAKE, N.J., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Powerfleet, Inc. (Nasdaq: PWFL), reported results for the second quarter and six months ended June 30, 2023.
  • EBITDA increased sequentially by 31% to $1.8 million versus first quarter 2023, pro forma for EBITDA burn from the Movingdots acquisition.
  • Powerfleet management will discuss these results and business outlook on a conference call today (Tuesday, August 8, 2023) at 8:30 a.m. Eastern time (5:30 a.m. Pacific time).
  • To supplement its financial statements presented in accordance with Generally Accepted Accounting Principles (GAAP), Powerfleet provides certain non-GAAP measures of financial performance.

EngageSmart Announces Second Quarter 2023 Results

Retrieved on: 
Thursday, August 3, 2023

EngageSmart, Inc. ( NYSE: ESMT ), a leading provider of vertically tailored customer engagement software and integrated payments solutions, today reported financial results for the second quarter ended June 30, 2023.

Key Points: 
  • EngageSmart, Inc. ( NYSE: ESMT ), a leading provider of vertically tailored customer engagement software and integrated payments solutions, today reported financial results for the second quarter ended June 30, 2023.
  • Enterprise Revenue increased 25% to $41.3 million compared to $33.0 million in the second quarter of 2022.
  • Gross Profit was $72.8 million, representing 77.1% gross margin, compared to $56.1 million, or 75.9% gross margin, for the second quarter of 2022.
  • Total Transactions Processed increased 22% to 43.8 million compared to 36.1 million in the second quarter of 2022.

Kaltura Announces Financial Results for Second Quarter 2023

Retrieved on: 
Wednesday, August 2, 2023

NEW YORK, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Kaltura, Inc. (“Kaltura” or the “Company”), the video experience cloud, today announced financial results for the second quarter ended June 30, 2023, as well as outlook for the third quarter and full year 2023.

Key Points: 
  • NEW YORK, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Kaltura, Inc. (“Kaltura” or the “Company”), the video experience cloud, today announced financial results for the second quarter ended June 30, 2023, as well as outlook for the third quarter and full year 2023.
  • Second Quarter 2023 Financial Highlights:
    Revenue for the second quarter of 2023 was $43.9 million, an increase of 5% compared to $42.0 million for the second quarter of 2022.
  • Subscription revenue for the second quarter of 2023 was $40.7 million, an increase of 7% compared to $38.0 million for the second quarter of 2022.
  • Kaltura will host a conference call today on August 2, 2023 to review its second quarter 2023 financial results and to discuss its financial outlook.