Back to the Basics (EP)

Mobileye Releases Third Quarter 2023 Results, Updates Guidance and Provides Business Overview

Retrieved on: 
Thursday, October 26, 2023
Other Energy, Automotive Manufacturing, Technology, Manufacturing, Other Technology, Alternative Energy, Energy, Adjustment, IPO, Adjusted gross income, Back to the Basics (EP), Earnings per share, GAAP, Acquisition, Average cost, EPS, Webcast, Supervision, Stock dilution, Bank, Moovit, Q3, Mobileye

This information reflects Mobileye’s expectations for Revenue, Operating Loss and Adjusted Operating Income results for the year ending December 30, 2023.

Key Points: 
  • This information reflects Mobileye’s expectations for Revenue, Operating Loss and Adjusted Operating Income results for the year ending December 30, 2023.
  • These statements represent forward-looking information and may not represent a financial outlook, and actual results may vary.
  • Mobileye will host a conference call today, October 26, 2023, at 8:00am ET (3:00pm IT) to review its results and provide a general business update.
  • We use such non-GAAP financial measures to make strategic decisions, establish business plans and forecasts, identify trends affecting our business, and evaluate performance.

SOS Limited Reports 2023 Interim Financial Results

Retrieved on: 
Thursday, September 28, 2023
PP, NIL, Miner, Depreciation, EPS, BTC, CNY, GAAP, ETH, Back to the Basics (EP), PP&E, Cryptocurrency, Health insurance, Bank

NEW YORK, Sept. 28, 2023 /PRNewswire/ -- SOS Limited ("SOS" or the "Company") (NYSE: SOS) today reports its 2023 Interim financial results from operations.

Key Points: 
  • During the first half of 2022, we were still relocating and building our cryptocurrency mining facilities in the US.
  • We recorded 179.32 units of ETH output and generated no BTC revenue for the period of six month ended June 30, 2022.
  • We generated 11.48 units of BTC and NIL unit of ETH output six months ended June 30, 2023.
  • GAAP Basic EPS was $(0.0031) per share, as compared to $(0.0046) per share in the prior year period.

Everspin Reports Unaudited Second Quarter 2023 Financial Results

Retrieved on: 
Wednesday, August 2, 2023
Technology, Hardware, Data Management, IOT (Internet of Things), Total, Back to the Basics (EP), Bank statement, Economy, COVID-19, Tax, Coronavirus, STT-MRAM, United States Department of the Treasury, GAAP, Risk, Treasury, Education for Economic Security Act, EBITDA, Annual report, Depreciation, EPS, Security (finance), Field-programmable gate array, Radiation, Cryptocurrency, Pharmaceutical industry, Bookkeeping, Reinsurance, Video game, Everspin Technologies, Toggle, MRAM

Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced preliminary unaudited financial results for the second quarter ended June 30, 2023.

Key Points: 
  • Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced preliminary unaudited financial results for the second quarter ended June 30, 2023.
  • Gross margin for the second quarter of 2023 was 58.4%, compared to 56.8% in the first quarter of 2023 and 58.4% in the second quarter of 2022.
  • GAAP operating expenses were $7.6 million in the second quarter of 2023, compared to $7.7 million in the first quarter of 2023 and $6.9 million in the second quarter of 2022.
  • Everspin generated cash flows from operating activities of $6.3 million in the second quarter of 2023, compared to $1.2 million in the first quarter of 2023, and $4.3 million in the second quarter of 2022.

Mobileye Discloses Second Quarter 2023 Results, Updates Guidance and Provides Business Update

Retrieved on: 
Thursday, July 27, 2023
Automotive Manufacturing, Automotive, Technology, Manufacturing, Other Energy, Other Technology, Autonomous Driving, Vehicles, Other Manufacturing, Artificial Intelligence, Alternative Energy, Energy, IPO, Back to the Basics (EP), Stock dilution, GAAP, Earnings per share, Adjusted gross income, Acquisition, Webcast, Growth, EPS, Adjustment, Bank, Mobileye, Moovit

Our revenue guidance remains consistent with the guidance provided on April 27, 2023 and, at the midpoint, implies 16% growth in the 2nd half of 2023 as compared to the 2nd half of 2022.

Key Points: 
  • Our revenue guidance remains consistent with the guidance provided on April 27, 2023 and, at the midpoint, implies 16% growth in the 2nd half of 2023 as compared to the 2nd half of 2022.
  • This information reflects Mobileye’s expectations for Revenue, Operating Loss and Adjusted Operating Income results for the year ending December 30, 2023.
  • Mobileye will host a conference call today, July 27, 2023, at 8:00am ET (3:00pm IT) to review its results and provide a general business update.
  • We use such non-GAAP financial measures to make strategic decisions, establish business plans and forecasts, identify trends affecting our business, and evaluate performance.

Everspin Reports Unaudited First Quarter 2023 Financial Results

Retrieved on: 
Wednesday, May 3, 2023
Hardware, Semiconductor, Automotive Manufacturing, Electronic Design Automation, Security, Data Management, Satellite, Manufacturing, Consumer Electronics, Technology, Telecommunications, Software, Networks, Internet, Mobile, Wireless, Engineering, Embedded, Back to the Basics (EP), Bank statement, COVID-19, Tax, STT-MRAM, Toggle, GAAP, Risk, EBITDA, Royalty payment, Annual report, Memory, Depreciation, Security (finance), EPS, Conference, Cryptocurrency, Video game, Everspin Technologies, MRAM

Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced preliminary unaudited financial results for the first quarter ended March 31, 2023.

Key Points: 
  • Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced preliminary unaudited financial results for the first quarter ended March 31, 2023.
  • Gross margin for the first quarter of 2023 was 56.8%, compared to 51.4% in the fourth quarter of 2022 and 58.0% in the first quarter of 2022.
  • For the second quarter 2023, Everspin expects total revenue in a range of $14.5 million to $15.5 million.
  • Everspin encourages investors to review its financial statements and publicly-filed reports in their entirety and not to rely on any single financial measure.

Reading International Reports Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Monday, April 3, 2023
Top Gun, International, Reading Cinemas, Back to the Basics (EP), Website, Multiverse, COVID-19, Water, Union Square, Foodservice, Redmi Note 12, Tenant, Premium, Avatar: The Way of Water, Orpheum, Black panther, Movie theater, RDI, Bank of America, EBITDA, Annual report, Webcast, Top Gun: Maverick, EPS, Bank, Health, Adjustment, TITAN, Consolidated Theatres (Hawaii), Angelika Film Center, Food, Safety, Doctor Strange in the Multiverse of Madness, Cryptocurrency, Film industry, Bookkeeping, Video game, Treasurer

NEW YORK, April 03, 2023 (GLOBE NEWSWIRE) -- Reading International, Inc. (NASDAQ: RDI), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia, and New Zealand, today announced its results for the fourth quarter and year ended December 31, 2022.

Key Points: 
  • Net income decreased from a gain of $0.3 million in Q4 2021 to a net loss of $13.2 million.
  • Negative Adjusted EBITDA of $0.1 million in 2022 compared to an Adjusted EBITDA of $74.2 million in 2021.
  • As of December 31, 2022, our total outstanding bank borrowings were $215.6 million against total book value assets of $587.1 million.
  • Questions and topics for consideration should be submitted to [email protected] on April 3, 2023 by 5:00 p.m. Eastern Standard Time.

 Everspin Reports Unaudited Fourth Quarter and Full Year 2022 Financial Results

Retrieved on: 
Wednesday, March 1, 2023
Technology, Hardware, Data Management, STT-MRAM, Back to the Basics (EP), Toggle, Sale, Security (finance), EPS, Depreciation, EBITDA, Tax, GAAP, Patent, Royalty payment, Bank statement, Traction, Total, STT, IP, Annual report, COVID-19, Risk, Video game, Cryptocurrency, MRAM, Everspin Technologies

MRAM product sales in the fourth quarter of 2022, which includes both Toggle and STT-MRAM revenue, was $14.6 million in the fourth quarter of 2022, and remained consistent with the third quarter of 2022.

Key Points: 
  • MRAM product sales in the fourth quarter of 2022, which includes both Toggle and STT-MRAM revenue, was $14.6 million in the fourth quarter of 2022, and remained consistent with the third quarter of 2022.
  • Licensing, Royalties, Patents and Other revenue in the fourth quarter of 2022 was $1.1 million compared to $0.7 million in the third quarter of 2022 and $5.6 million in the fourth quarter of 2021.
  • GAAP operating expenses was $7.5 million in the fourth quarter of 2022, compared to $7.1 million in the third quarter of 2022 and $7.7 million in the fourth quarter of 2021.
  • Everspin generated cash flows from operating activities of $5.2 million in the fourth quarter of 2022, compared to $0.9 million in the third quarter of 2022, and $6.4 million in the fourth quarter of 2021.

MGP Ingredients Reports Strong Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Thursday, February 23, 2023
EBITDA, Protein, Corporation, Advertising, MGP, Insurance, GAAP, Acquisition, Webcast, Luxco, EPS, MGP of Indiana, Growth, Traction, Back to the Basics (EP), American whiskey, Ageing, Liquor, Film industry, Video game, Bookkeeping, Security (finance), Real estate, Retail, Pharmaceutical industry

ATCHISON, Kan., Feb. 23, 2023 (GLOBE NEWSWIRE) --  MGP Ingredients, Inc. (Nasdaq:MGPI), a leading provider of distilled spirits, branded spirits and food ingredient solutions, today reported results for the fourth quarter and full year ended December 31, 2022.

Key Points: 
  • For the fourth quarter 2022, sales for the Branded Spirits segment decreased less than 1% to $60.9 million.
  • In the fourth quarter 2022, sales for the Ingredient Solutions segment increased 24% to $29.0 million.
  • Advertising and promotion expenses for the fourth quarter 2022 increased $4.7 million, or 75%, to $10.9 million as compared to the fourth quarter 2021.
  • Corporate selling, general and administrative ("SG&A") expenses for the fourth quarter 2022 increased $5.1 million to $22.6 million as compared to the fourth quarter 2021.

EQS-News: TeamViewer delivers on 2022 targets and increases earnings per share by 46%

Retrieved on: 
Monday, February 13, 2023
EBITDA, Marketing, G&A, EUR, Billings, Montana, Enterprise, Public expenditure, Growth, TeamViewer, Share repurchase, Free cash flow, FCFE, Treasury, EPS, Acquisition, Back to the Basics (EP), Investment, Film, Renewable energy, Bank, Euro, Q4

other income/expenses and bad debt expenses of € 3.2m in Q4 2022 and € 3.7m in Q4 2021 / € 12.4m in FY 2022 and € 16m in FY 2021.

Key Points: 
  • other income/expenses and bad debt expenses of € 3.2m in Q4 2022 and € 3.7m in Q4 2021 / € 12.4m in FY 2022 and € 16m in FY 2021.
  • The growth in marketing expenses on a full-year basis was due to the first-time full consideration of sports sponsorships in 2022.
  • In FY 2022 they even decreased in a yoy comparison, from EUR 15.2m in FY 2021 to EUR 8.8m in FY 2022.
  • In relation to the 2022 Adjusted (Revenue) EBITDA, the net leverage ratio was at 2.1x at the end of 2022.

Digerati Technologies Reports 143% Revenue Growth to $3.777 Million for First Quarter FY2022

Retrieved on: 
Wednesday, December 15, 2021
EBITDA, Failure, U.S. Securities and Exchange Commission, LinkedIn, Solution, OTCQB, Company, Back to the Basics (EP), Industry, SAN, Income, Depreciation, Acquisition, Nature, Unified communications, General officer, SEC, CEO, Adjustment, CFO, Security (finance), PBX, EPS, Net, GLOBE, WAN, Twitter, Operating cost, GAAP, Administration, Tax, News, Cryptocurrency, Film, Bookkeeping, Risk management, Online gambling, Health insurance, Digerati, Facebook

SAN ANTONIO, Dec. 15, 2021 (GLOBE NEWSWIRE) -- Digerati Technologies, Inc. (OTCQB: DTGI) ("Digerati" or the "Company"), a provider of cloud services specializing in UCaaS (Unified Communications as a Service) solutions for the small to medium-sized business (“SMB”) market, announced today financial results for the three months ended October 31, 2021, the Company’s first quarter for its Fiscal Year 2022.

Key Points: 
  • Key Financial Highlights for the First Quarter Fiscal Year 2022 (Ended October 31, 2021)
    Revenue increased by 143% to $3.777 million compared to $1.552 million for Q1 FY2021.
  • Non-GAAP operating EBITDA (OPCO EBITDA) improved to income of $0.691 million, excluding corporate expenses, compared to a non-GAAP operating EBITDA of $0.242 million for Q1 FY2021.
  • Arthur L. Smith, CEO of Digerati, commented, I commend our team for continuing to execute successfully on our plan and delivering on solid financial improvements in our first quarter of FY2022.
  • This is reflected in strong top-line revenue growth of 143%, an increase in gross margin, and improved Adjusted EBITDA results.