EPS

VIAVI ANNOUNCES THIRD QUARTER FISCAL 2024 RESULTS

Retrieved on: 
Thursday, May 2, 2024
Debt-to-GDP ratio, Acquisition, Adjustment, Forecasting, Security (finance), Investment, GAAP, EPS, Ratio

CHANDLER, Ariz., May 2, 2024 /PRNewswire/ -- VIAVI (NASDAQ: VIAV) today reported results for its third fiscal quarter ended March 30, 2024.

Key Points: 
  • Americas, Asia-Pacific and EMEA customers represented 35.9%, 36.5% and 27.6%, respectively, of total net revenue for the quarter ended March 30, 2024.
  • As of March 30, 2024, the Company held $486.1 million in total cash, short-term investments and short-term restricted cash.
  • During the fiscal quarter ended March 30, 2024, the Company generated $19.5 million of cash flows from operations.
  • For the fourth quarter of fiscal 2024 ending June 29, 2024, the Company expects net revenue to be between $246 million to $258 million and non-GAAP EPS to be between $0.06 to $0.08.

Resideo Announces First Quarter 2024 Financial Results

Retrieved on: 
Thursday, May 2, 2024
Table, Volume, Housing, Research, Genesis, First Alert, Acquisition, EPS, Adjustment, Security, ADI, Video game

SCOTTSDALE, Ariz., May 2, 2024 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global manufacturer and distributor of technology-driven products and solutions for homes and businesses, today announced financial results for the first quarter ended March 30, 2024.

Key Points: 
  • Resideo management believes the use of such non-GAAP financial measure, specifically Adjusted EBITDA and Adjusted EPS, assists investors in understanding the ongoing operating performance of Resideo by presenting the financial results between periods on a more comparable basis.
  • Included in the first quarter 2024 were $5 million of restructuring costs, compared to restructuring costs of $2 million in first quarter of 2023.
  • Operating profit of $49 million for first quarter 2024 decreased 23% from $64 million in first quarter 2023.
  • The following table summarizes the Company's current second quarter 2024 and full year 2024 outlook.

Verra Mobility Announces First Quarter 2024 Financial Results

Retrieved on: 
Thursday, May 2, 2024
Language, Sherman Antitrust Act, ATS, The Gores Group, Safety, Travel, VMOS, Earnings per share, Software, Software as a service, University, District court, Government, EPS, Third Amendment, Growth

MESA, Ariz., May 2, 2024 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today the financial results for the first quarter ended March 31, 2024.

Key Points: 
  • MESA, Ariz., May 2, 2024 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today the financial results for the first quarter ended March 31, 2024.
  • "Our first quarter results provided a very strong start to 2024," said David Roberts, President and CEO, Verra Mobility.
  • Revenue: Total revenue for the first quarter of 2024 was $209.7 million, an increase of 9% compared to $191.9 million for the first quarter of 2023.
  • Based on our first quarter results and our outlook for the remainder of the year, we are expecting to deliver results as follows:

ICF Reports First Quarter 2024 Results

Retrieved on: 
Thursday, May 2, 2024
Welfare, Public, GAAP, CMS, TTM, Policy, Climate, European Commission, Health, ICF, ICFI, Federation, Tax, EPS, Medicare, Civil service commission, Data management, Adjustment, Government, Growth, C&I, Video game

RESTON, Va., May 2, 2024 /PRNewswire/ -- ICF (NASDAQ: ICFI), a global consulting and technology services provider, reported results for the first quarter ended March 31, 2024. 

Key Points: 
  • Commenting on the results, John Wasson, chair and chief executive officer, said, "This was a record first quarter for ICF.
  • First quarter 2024 total revenue was $494.4 million, a 2.3% increase from the $483.3 million reported in the first quarter of 2023, and up 8.7% from last year's first quarter revenues adjusted for the divestiture of our commercial marketing business lines.
  • In the 2024 first quarter, the company's tax rate was 20.4% compared to 23.5% in the 2023 first quarter.
  • On May 2, 2024, ICF declared a quarterly cash dividend of $0.14 per share, payable on July 12, 2024, to shareholders of record on June 7, 2024.

BCE reports first quarter 2024 results

Retrieved on: 
Thursday, May 2, 2024
Churn, Sale, Internet, Virgin Plus, TSN, NAS, Quaternary, Radio, Internet of things, News, Advertising, Population growth, Crave, Rationalization, SAM, Depreciation, ARPU, The Source, IPTV, Postpaid mobile phone, Human, Super Bowl LVIII, Public expenditure, Communication, Bell Canada, Bell, Acquisition, EPS, Workforce, CRTC, Bell Fibe TV, Performance, BCE, RDS, Bell Media, Growth, Mobile phone

"BCE's Q1 results demonstrate that we're on the right path forward as we head further into 2024," said Curtis Millen, Chief Financial Officer of BCE and Bell Canada.

Key Points: 
  • "BCE's Q1 results demonstrate that we're on the right path forward as we head further into 2024," said Curtis Millen, Chief Financial Officer of BCE and Bell Canada.
  • Mobile connected device net activations were down 6.1% to 66,406 in Q1 2024, despite more connected car subscriptions and fewer data device deactivations, due to lower consumer and business IoT activations, which can fluctuate from quarter to quarter.
  • BCE's Board of Directors has declared a quarterly dividend of $0.9975 per common share, payable on July 15, 2024 to shareholders of record at the close of business on June 14, 2024.
  • BCE confirmed its financial guidance targets for 2024, as provided on February 8, 2024, as follows:

CRITEO REPORTS RECORD FIRST QUARTER 2024 RESULTS

Retrieved on: 
Thursday, May 2, 2024
Media, Treasury, Media Rating Council, Adtech (company), Annual general meeting, MRC, Appendix, Depreciation, Traction, Partnership, Forecasting, Form, Retail media, Accreditation, Acquisition, Commerce, EPS, Contribution, Ticketmaster, Growth

NEW YORK, May 2, 2024 /PRNewswire/ -- Criteo S.A. (NASDAQ: CRTO) ("Criteo" or the "Company"), the commerce media company, today announced financial results for the first quarter ended March 31, 2024.

Key Points: 
  • We deployed $62 million of capital for share repurchases in Q1 2024, and we intend to return $150 million of capital to shareholders in 2024.
  • 4 Beginning with the first quarter of 2024, Criteo changed its segment reporting structure to two reportable segments: Retail Media and Performance Media.
  • Sarah Glickman, Chief Financial Officer, said, "We are raising our full-year 2024 guidance after delivering a record first quarter performance.
  • The guidance assumes that no additional acquisitions are completed during the second quarter of 2024 or the fiscal year ended December 31, 2024.

Chunghwa Telecom Reports Un-Audited Consolidated Operating Results for the First Quarter of 2024

Retrieved on: 
Thursday, May 2, 2024
Sale, Chunghwa Telecom, Prospectus, International, Artificial intelligence of things, Internet of things, ICT, ARPU, Depreciation, Yoy, Carbon, Financial Supervisory Commission, Comparison, Forecasting, Income tax, CHT, EPS, F-3, Bank statement, Growth, TAIEX, Bank

TAIPEI, May 2, 2024 /PRNewswire/ -- Chunghwa Telecom Co., Ltd. (TAIEX: 2412, NYSE: CHT) ("Chunghwa" or "the Company") today reported its un-audited operating results for the first quarter of 2024.

Key Points: 
  • TAIPEI, May 2, 2024 /PRNewswire/ -- Chunghwa Telecom Co., Ltd. (TAIEX: 2412, NYSE: CHT) ("Chunghwa" or "the Company") today reported its un-audited operating results for the first quarter of 2024.
  • Our robust first quarter results have once again showcased the efficacy of our strategic execution and the excellence of our dedicated team," stated Mr. Shui-Yi Kuo, Chairman and CEO of Chunghwa Telecom.
  • Chunghwa Telecom's total revenues for the first quarter of 2024 increased by 1.4% to NT$ 54.94 billion.
  • In addition to the consolidated financial results prepared under T-IFRSs, Chunghwa Telecom also provide non-GAAP financial measures, including "EBITDA".

Stoneridge Reports First Quarter 2024 Results

Retrieved on: 
Wednesday, May 1, 2024
Internet, Volvo, Peterbilt, OEM, Electronics, SRI, EPS, Growth, Video game

NOVI, Mich., May 1, 2024 /PRNewswire/ --

Key Points: 
  • Stoneridge, Inc. (NYSE: SRI) today announced financial results for the first quarter ended March 31, 2024, with sales of $239.2 million and loss per share of $(0.22).
  • For the first quarter of 2024, Stoneridge reported gross profit of $48.4 million (20.2% of sales), operating income of $0.3 million (0.1% of sales) and EBITDA of $6.6 million (2.8% of sales).
  • Stoneridge Brazil sales of $12.2 million decreased by $2.0 million relative to sales in the first quarter of 2023.
  • A live Internet broadcast of Stoneridge's conference call regarding 2024 first quarter results can be accessed at 9:00 a.m. Eastern Time on Thursday, May 2, 2024, at www.stoneridge.com , which will also offer a webcast replay.

Kulicke & Soffa Reports Second Quarter 2024 Results

Retrieved on: 
Wednesday, May 1, 2024
Sale, Assembly, EDT, Investment, Nature, Webcast, Income tax, Acquisition, EPS, Vishay Intertechnology, GAAP, Bank

SINGAPORE, May 1, 2024 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) ("Kulicke & Soffa," "K&S," "our," or the "Company"), today announced financial results of its second fiscal quarter ended March 30, 2024. The Company reported second quarter net revenue of $172.1 million, net loss of $102.7 million, representing EPS of $(1.83) per fully diluted share, and non-GAAP net loss of $53.2 million, representing non-GAAP EPS of $(0.95) per fully diluted share.

Key Points: 
  • Fusen Chen, Kulicke & Soffa's President and Chief Executive Officer, stated, "Despite a shifting Advanced Display market, we remain nimble and efficiency focused.
  • During its recently completed quarter, the Company's Ball Bonder revenue has grown by more than 50% over the same period in the prior fiscal year.
  • A webcast to discuss these results will be held on May 2, 2024, beginning at 8:00 am EDT.
  • Management uses both GAAP metrics as well as these non-GAAP metrics to evaluate the Company's operating and financial results.

FARO Announces First Quarter Financial Results

Retrieved on: 
Wednesday, May 1, 2024
Adjustment, Total, International, Investment, Calendar, GAAP, EPS, Ratio, Interest, Bank

Q1 loss per share of $(0.38); Non-GAAP earnings per share ("EPS") of $0.09, above guidance range

Key Points: 
  • Q1 loss per share of $(0.38); Non-GAAP earnings per share ("EPS") of $0.09, above guidance range
    LAKE MARY, Fla., May 1, 2024 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced its financial results for the first quarter ended March 31, 2024.
  • GAAP net loss of $7.3 million and Adjusted EBITDA of $5.6 million, or 6.6% of revenue, demonstrates the progress we continue to make towards our aspirational financial goals.
  • In addition, we again expanded our cash position by generating $6.6 million of operating cash flow in the quarter, driven by profitability and efficiencies in working capital."
  • For the second quarter ending June 30, 2024, FARO currently expects:
    Operating expenses in the range of $46 to $48 million.