Period. End of Sentence.

Braze Reports Fiscal Third Quarter 2024 Results

Retrieved on:

Wednesday, December 6, 2023

Braze updated its non-GAAP operating loss margin guidance, which it believes will be negative 6% or better during the fourth quarter of the fiscal year ending January 31, 2024.

Key Points:

Braze updated its non-GAAP operating loss margin guidance, which it believes will be negative 6% or better during the fourth quarter of the fiscal year ending January 31, 2024.
Prior to the fourth quarter of the fiscal year ended January 31, 2023, Braze did not adjust non-GAAP gross profit and margin, non-GAAP sales and marketing expense, non-GAAP research and development expense, non-GAAP general and administrative expense, non-GAAP operating loss, non-GAAP operating margin, or non-GAAP net loss for acquisition related expense, because there was not acquisition activity by Braze in prior periods.
Braze defines non-GAAP free cash flow as net cash used in operating activities, minus purchases of property and equipment and minus capitalized internal-use software costs.
Customer: Braze defines a customer, as of period end, as the separate and distinct, ultimate parent-level entity that has an active subscription with Braze to use its products.

ReconArt completes API integration with Mambu, further enhancing its reconciliation solution for fintech, banking, and financial services clients

Retrieved on:

Sunday, October 1, 2023

Fintech, Communication, Software as a service, GL, API, SME, African, RDF, Partner, Period. End of Sentence., Automation, Bank, Mobile phone, Risk management

ARLINGTON, VA., Oct. 1, 2023 /PRNewswire-PRWeb/ -- ReconArt Inc. (https://www.reconart.com/), a vendor of automated data reconciliation and period-end accounting solutions, is pleased to announce that it has integrated its offering with Mambu. Mambu is a cloud-native, API-driven banking and financial services platform, and the integration with ReconArt will increase the speed and efficiency of critical account reconciliation processes.

Key Points:

Mambu is a cloud-native, API-driven banking and financial services platform, and the integration with ReconArt will increase the speed and efficiency of critical account reconciliation processes.
The seamless integration between ReconArt and Mambu equips our shared customer base with a streamlined, risk-mitigating experience bypassing the challenges and vulnerabilities of manual account reconciliation to create meaningful operational efficiencies.
Transaction data from internal accounts now flows hands-free into ReconArt, with direct GL integration into the Mambu environment established via Mambu's API for automated item transfer.
The transition from file-based integration to system-to-system communication allows for the highest level of automation of daily bank reconciliation processes.

BGC Group Updates its Outlook for the Third Quarter of 2023

Retrieved on:

Friday, September 29, 2023

NEW YORK, Sept. 29, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC Group" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that it has updated its outlook for the quarter ending September 30, 2023.

Key Points:

NEW YORK, Sept. 29, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC Group" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that it has updated its outlook for the quarter ending September 30, 2023.
BGC reaffirmed its previously stated outlook ranges for revenue and pre-tax Adjusted Earnings for the third quarter of 2023.
The Company's outlook was contained in BGC's financial results press release issued on August 2, 2023, which can be found at http://ir.bgcg.com .
In addition, Adjusted Earnings calculations exclude certain gains and charges that management believes do not best reflect the ordinary results of BGC.

BGC Group Updates its Outlook for the Third Quarter of 2023

Retrieved on:

Friday, September 29, 2023

NEW YORK, Sept. 29, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC Group" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that it has updated its outlook for the quarter ending September 30, 2023.

Key Points:

NEW YORK, Sept. 29, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC Group" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that it has updated its outlook for the quarter ending September 30, 2023.
BGC reaffirmed its previously stated outlook ranges for revenue and pre-tax Adjusted Earnings for the third quarter of 2023.
The Company's outlook was contained in BGC's financial results press release issued on August 2, 2023, which can be found at http://ir.bgcg.com .
In addition, Adjusted Earnings calculations exclude certain gains and charges that management believes do not best reflect the ordinary results of BGC.

Braze Reports Fiscal Second Quarter 2024 Results

Retrieved on:

Thursday, September 7, 2023

Marketing, Data Management, Advertising, Communications, Technology, Software, Content Marketing, Exercise, Table, Bank statement, Brazing, GAAP, Judgement, Acquisition, ARR, Earnings before interest, taxes, depreciation and amortization, Period. End of Sentence., Bank, Security (finance)

Braze also reiterated guidance on its non-GAAP operating loss margin, which it believes will be negative 7% or better during the fourth quarter of the fiscal year ending January 31, 2024.

Key Points:

Braze also reiterated guidance on its non-GAAP operating loss margin, which it believes will be negative 7% or better during the fourth quarter of the fiscal year ending January 31, 2024.
Prior to the fourth quarter of the fiscal year ended January 31, 2023, Braze did not adjust non-GAAP gross profit and margin, non-GAAP sales and marketing expense, non-GAAP research and development expense, non-GAAP general and administrative expense, non-GAAP operating loss, non-GAAP operating income margin, or non-GAAP net loss for acquisition related expense, because there was not acquisition activity by Braze in prior periods.
Braze defines non-GAAP free cash flow as net cash used in operating activities, minus purchases of property and equipment and minus capitalized internal-use software costs.
Customer: Braze defines a customer, as of period end, as the separate and distinct, ultimate parent-level entity that has an active subscription with Braze to use its products.

Vera Therapeutics Provides Business Update and Reports Second Quarter Financial Results

Retrieved on:

Thursday, August 10, 2023

European Renal Association, EGFR, Glomerular filtration rate, Period. End of Sentence., Vera, ERA, Proteinuria, Congress, Patient, Therapy, Pharmaceutical industry, Cryptocurrency, IgA nephropathy

BRISBANE, Calif., Aug. 10, 2023 (GLOBE NEWSWIRE) -- Vera Therapeutics, Inc. (Nasdaq: VERA), a late clinical-stage biotechnology company focused on developing and commercializing transformative treatments for patients with serious immunological diseases, today reported its business updates and financial results for the second quarter ended June 30, 2023.

Key Points:

BRISBANE, Calif., Aug. 10, 2023 (GLOBE NEWSWIRE) -- Vera Therapeutics, Inc. (Nasdaq: VERA), a late clinical-stage biotechnology company focused on developing and commercializing transformative treatments for patients with serious immunological diseases, today reported its business updates and financial results for the second quarter ended June 30, 2023.
“During the second quarter, we announced positive 36-week data from the Phase 2b ORIGIN trial, which support its potential as a disease-modifying treatment for patients with IgAN,” said Marshall Fordyce, M.D., Founder and CEO of Vera Therapeutics.
During the six months ended June 30, 2023, net cash used in operating activities was $44.1 million, compared to $28.0 million for the same period last year.
Vera reported $181.0 million in cash, cash equivalents, and marketable securities as of June 30, 2023.

BGC Partners Updates its Outlook for the Second Quarter of 2023 and Provides an Update on the Corporate Conversion

Retrieved on:

Thursday, June 29, 2023

BGC reaffirmed its previously stated outlook ranges for revenue and pre-tax Adjusted Earnings for the second quarter of 2023.

Key Points:

BGC reaffirmed its previously stated outlook ranges for revenue and pre-tax Adjusted Earnings for the second quarter of 2023.
BGC Partners, Inc. is expected to complete its corporate conversion to a Full C-Corporation on Saturday, July 1, 2023.
The Company will change its name to "BGC Group, Inc." and its Nasdaq ticker symbol to "BGC" from "BGCP".
The Company plans to issue a press release on July 3, 2023, under its new name BGC Group, Inc. to announce the completion of the corporate conversion.

BGC Partners Updates its Outlook for the Second Quarter of 2023 and Provides an Update on the Corporate Conversion

Retrieved on:

Thursday, June 29, 2023

BGC reaffirmed its previously stated outlook ranges for revenue and pre-tax Adjusted Earnings for the second quarter of 2023.

Key Points:

BGC reaffirmed its previously stated outlook ranges for revenue and pre-tax Adjusted Earnings for the second quarter of 2023.
The Company's outlook was contained in BGC's financial results press release issued on May 3, 2023, which can be found at http://ir.bgcpartners.com .
BGC Partners, Inc. is expected to complete its corporate conversion to a Full C-Corporation on Saturday, July 1, 2023.
The Company plans to issue a press release on July 3, 2023, under its new name BGC Group, Inc. to announce the completion of the corporate conversion.

Braze Reports Fiscal First Quarter 2024 Results

Retrieved on:

Thursday, June 8, 2023

Marketing, Data Management, Advertising, Communications, Technology, Software, Content Marketing, Exercise, ARR, Brazing, Acquisition, GAAP, Table, Period. End of Sentence., Bank statement, Judgement, Bank, Security (finance)

Braze also reiterated guidance on its non-GAAP operating loss margin, which it believes will be negative 7% or better during the fourth quarter of the fiscal year ending January 31, 2024.

Key Points:

Braze also reiterated guidance on its non-GAAP operating loss margin, which it believes will be negative 7% or better during the fourth quarter of the fiscal year ending January 31, 2024.
Prior to the fourth quarter of the fiscal year ended January 31, 2023, Braze did not adjust non-GAAP gross profit and margin, non-GAAP sales and marketing expense, non-GAAP research and development expense, non-GAAP general and administrative expense, non-GAAP operating loss, non-GAAP operating income margin, or non-GAAP net loss for acquisition related expense, because there was not acquisition activity by Braze in prior periods.
Braze defines non-GAAP free cash flow as net cash used in operating activities, minus purchases of property and equipment and minus capitalized internal-use software costs.
Customer: Braze defines a customer, as of period end, as the separate and distinct, ultimate parent-level entity that has an active subscription with Braze to use its products.

BGC Partners Updates its Outlook for the First Quarter of 2023

Retrieved on:

Friday, March 31, 2023

NEW YORK, March 31, 2023 /PRNewswire/ -- BGC Partners, Inc. (Nasdaq: BGCP) ("BGC Partners" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that it has updated its outlook for the quarter ending March 31, 2023.

Key Points:

NEW YORK, March 31, 2023 /PRNewswire/ -- BGC Partners, Inc. (Nasdaq: BGCP) ("BGC Partners" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that it has updated its outlook for the quarter ending March 31, 2023.
Accordingly, BGC's revenue and pre-tax Adjusted Earnings for the first quarter of 2023 are now expected to be slightly below the midpoint of the range of its previously stated outlook.
The Company's outlook was contained in BGC's financial results press release issued on February 27, 2023, which can be found at http://ir.bgcpartners.com .
In addition, Adjusted Earnings calculations exclude certain gains and charges that management believes do not best reflect the ordinary results of BGC.