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Trust Stamp Provides a Business Report and Financial Results for the Quarter and Period Ended September 30, 2023 Including Positive EBITDA for Q3

Retrieved on: 
Tuesday, November 7, 2023

Atlanta, GA, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), the Privacy-First Identity Company™ providing AI-powered trust and identity services used globally across multiple sectors, announced financial results and provided a business update for the quarter and period ended September 30, 2023 (“Q3 2023”).

Key Points: 
  • Atlanta, GA, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), the Privacy-First Identity Company™ providing AI-powered trust and identity services used globally across multiple sectors, announced financial results and provided a business update for the quarter and period ended September 30, 2023 (“Q3 2023”).
  • As of the date of this filing, Trust Stamp has staffed five Orchestration Layer account executives.
  • Research and development (“R&D”) expenses decreased by $173 thousand, or 22.19% for Q3 2023, compared to Q3 2022.
  • Selling, general, and administrative expense (“SG&A”) decreased by $1.23 million, or 37.42%, for Q3 2023, compared to Q3 2022.

 Biodesix Announces Third Quarter 2023 Results and Highlights

Retrieved on: 
Tuesday, November 7, 2023

“I am pleased to announce yet another impressive quarter of growth at Biodesix,” said Scott Hutton, President and Chief Executive Officer.

Key Points: 
  • “I am pleased to announce yet another impressive quarter of growth at Biodesix,” said Scott Hutton, President and Chief Executive Officer.
  • “The team delivered over 10,400 Lung Diagnostics tests, growing 60% over the 6,500 tests delivered in the third quarter of 2022, the fifth straight quarter of at least 60% year-over-year growth, and 6% improvement over second quarter 2023.
  • Our Biopharma Services business also had a strong quarter, growing 79% year-over-year and 181% over the second quarter.
  • Our third quarter Adjusted EBITDA was ($5.4) million, a 40% improvement over both the third quarter of 2022 and the second quarter of 2023.

SiteOne Landscape Supply Announces Third Quarter 2023 Earnings

Retrieved on: 
Wednesday, November 1, 2023

SiteOne Landscape Supply, Inc. (the “Company” or “SiteOne”) (NYSE: SITE) announced earnings for its third quarter ended October 1, 2023 (“Third Quarter 2023”).

Key Points: 
  • SiteOne Landscape Supply, Inc. (the “Company” or “SiteOne”) (NYSE: SITE) announced earnings for its third quarter ended October 1, 2023 (“Third Quarter 2023”).
  • Gross profit was $388.1 million for the Third Quarter 2023 which was similar to prior-year period gross profit of $388.6 million.
  • Selling, general and administrative expenses (“SG&A”) for the Third Quarter 2023 increased to $311.8 million from $289.2 million for the prior-year period.
  • Adjusted EBITDA decreased 12% to $119.8 million for the Third Quarter 2023, compared to $135.6 million for the prior-year period.

CDW Reports Third Quarter 2023 Earnings

Retrieved on: 
Wednesday, November 1, 2023

CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, today announced third quarter 2023 results.

Key Points: 
  • CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, today announced third quarter 2023 results.
  • Third Quarter of 2023 Highlights:
    Net sales in the third quarter of 2023 were $5,628 million, compared to $6,216 million in the third quarter of 2022, a decrease of 9.4 percent.
  • Gross profit margin was 21.8 percent in the third quarter of 2023 versus 19.8 percent in the third quarter of 2022.
  • Weighted average diluted shares outstanding were 136 million for the third quarter of 2023, compared to 137 million for the third quarter of 2022.

Albertsons Companies, Inc. Reports Second Quarter Fiscal 2023 Results

Retrieved on: 
Tuesday, October 17, 2023

Albertsons Companies, Inc. (NYSE: ACI) (the "Company") today reported results for the second quarter of fiscal 2023, which ended September 9, 2023.

Key Points: 
  • Albertsons Companies, Inc. (NYSE: ACI) (the "Company") today reported results for the second quarter of fiscal 2023, which ended September 9, 2023.
  • Net sales and other revenue was $18.3 billion during the 12 weeks ended September 9, 2023 ("second quarter of fiscal 2023") compared to $17.9 billion during the 12 weeks ended September 10, 2022 ("second quarter of fiscal 2022").
  • Gross margin rate decreased to 27.6% during the second quarter of fiscal 2023 compared to 27.9% during the second quarter of fiscal 2022.
  • Interest expense, net was $111.9 million during the second quarter of fiscal 2023 compared to $89.8 million during the second quarter of fiscal 2022.

Net At Work Receives Growth Investment from Lovell Minnick Partners

Retrieved on: 
Tuesday, September 19, 2023

"This investment from Lovell Minnick Partners is a significant milestone for Net at Work,” said Alex Solomon, Co-Founder and Co-CEO of Net at Work.

Key Points: 
  • "This investment from Lovell Minnick Partners is a significant milestone for Net at Work,” said Alex Solomon, Co-Founder and Co-CEO of Net at Work.
  • The investment from LMP will provide Net at Work with significant capital to pursue acquisitions and make growth investments in the business.
  • “We are excited to work alongside the talented team at Net at Work to support their growth objectives and contribute to their ongoing success."
  • Harris Williams served as financial advisor, Netrex served as capital markets advisor, and Goodwin Procter LLP acted as legal counsel to Lovell Minnick Partners.

Axis Reports Q4 and 2023 Fiscal Year Financial Results

Retrieved on: 
Friday, September 15, 2023

Axis Auto Finance Inc. (“Axis” or the “Company”) ( TSX: AXIS ), a rapidly growing financial technology company changing the way Canadians purchase and finance used vehicles, today announced financial results for the fourth quarter and the 2023 fiscal year.

Key Points: 
  • Axis Auto Finance Inc. (“Axis” or the “Company”) ( TSX: AXIS ), a rapidly growing financial technology company changing the way Canadians purchase and finance used vehicles, today announced financial results for the fourth quarter and the 2023 fiscal year.
  • Fiscal 2023 equipment originations of $110.5 million represented a 8% year over year increase from $102.2 million in fiscal 2022.
  • Adjusted loss(1) for fiscal 2023 was ($5.2) million, or ($0.043) per share, as compared to Adjusted earnings of $4.7 million or $0.041 per share for fiscal 2022.
  • The Company recorded a Net loss in fiscal 2023 of ($26.2) million or ($0.215) per share, as compared to net income of $1.5 million or $0.013 per share in fiscal 2022.

Laird Superfood Reports Second Quarter 2023 Financial Results

Retrieved on: 
Wednesday, August 9, 2023

Laird Superfood, Inc. (NYSE American: LSF) (“Laird Superfood,” “we” and “our”), today reported financial results for its second quarter ended June 30, 2023.

Key Points: 
  • Laird Superfood, Inc. (NYSE American: LSF) (“Laird Superfood,” “we” and “our”), today reported financial results for its second quarter ended June 30, 2023.
  • Gross margin was 24.3%, compared to 23.1% in the first quarter of 2023 and 18.2% in the prior year period.
  • Adjusted net loss, which is a non-GAAP financial measure, was $3.3 million, or $0.36 per diluted share in the second quarter of 2023 compared to $3.7 million, or $0.40 per diluted share in the first quarter of 2023 and $6.2 million, or $0.68 per diluted share in the prior year period.
  • Anya Hamill, Chief Financial Officer, commented, "In the second quarter, we continued to build on the success we achieved in the first quarter from strategic actions implemented last year.

Stellantis Posts Strong Growth and Sets New Records in Net Revenues, AOI(1) and Net Profit in the First Half of 2023

Retrieved on: 
Wednesday, July 26, 2023

AMSTERDAM, July 26, 2023 - Stellantis N.V. continues to deliver value across multiple dimensions, posting strong growth and setting new records in Net revenues, AOI and Net profit, while driving a transformative, cost-effective product pivot to electrified and software-defined vehicles across its 14 iconic brands.

Key Points: 
  • AMSTERDAM, July 26, 2023 - Stellantis N.V. continues to deliver value across multiple dimensions, posting strong growth and setting new records in Net revenues, AOI and Net profit, while driving a transformative, cost-effective product pivot to electrified and software-defined vehicles across its 14 iconic brands.
  • Stellantis now ranks third in EU30 overall BEV sales and second in the U.S. market for LEV sales.
  • On July 26, 2023 at 2:00 p.m. CEST / 8:00 a.m. EDT, a live webcast and conference call will be held to present Stellantis' First Half 2023 Results.
  • The webcast and recorded replay will be accessible under the Investors section of the Stellantis corporate website at www.stellantis.com .

Albertsons Companies, Inc. Reports First Quarter Fiscal 2023 Results

Retrieved on: 
Tuesday, July 25, 2023

Albertsons Companies, Inc. (NYSE: ACI) (the "Company") today reported results for the first quarter of fiscal 2023, which ended June 17, 2023.

Key Points: 
  • Albertsons Companies, Inc. (NYSE: ACI) (the "Company") today reported results for the first quarter of fiscal 2023, which ended June 17, 2023.
  • Net sales and other revenue was $24.1 billion during the 16 weeks ended June 17, 2023 ("first quarter of fiscal 2023") compared to $23.3 billion during the 16 weeks ended June 18, 2022 ("first quarter of fiscal 2022").
  • Gross margin rate decreased to 27.7% during the first quarter of fiscal 2023 compared to 28.1% during the first quarter of fiscal 2022.
  • Interest expense, net was $154.9 million during the first quarter of fiscal 2023 compared to $138.9 million during the first quarter of fiscal 2022.