Press Releases
NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) -- Outbrain Inc. (Nasdaq: OB), a leading technology platform that drives business results by engaging people across the Open Internet, announced today financial results for the quarter ended March 31, 2024.
First Quarter 2024 Key Financial Metrics:
Three Months Ended March 31,(in millions USD)2024 2023 % ChangeRevenue$217.0 $231.8 (6)%Gross profit 41.6 41.2 1%Net loss (5.0) (5.6) 10%Net cash provided by... (continue reading...)- First Quarter Revenue was $490.7 million, a 5.2% increase over the prior year
- Gross margin increased 1.0% to $145.9 million, compared to Q1 2023
- First Quarter Net loss was $11.2 million, compared to net loss of $32.0 million in the comparable prior year period
- Adjusted EBITDA was $34.9 million, a 22.5% increase as compared to the prior year quarter
- Full Year 2024 Revenue guidance raised to greater than $1,970 million
- Full Year 2024 Adjusted EBITDA guidance raised to... (continue reading...)
Updates from the ongoing Phase 1/2 ARROS-1 and ALKOVE-1 clinical trials expected at a medical meeting in the second half of 2024
Strong financial position with operating runway anticipated into 2027
CAMBRIDGE, Mass., May 9, 2024 /PRNewswire/ -- Nuvalent, Inc. (Nasdaq: NUVL), a clinical-stage biopharmaceutical company focused on creating precisely targeted therapies for clinically proven kinase targets in cancer, today highlighted pipeline progress, reiterated key... (continue reading...)
BOSTON HEIGHTS, Ohio, May 09, 2024 (GLOBE NEWSWIRE) -- Arhaus, Inc. (NASDAQ: ARHS; “Arhaus” or the “Company”), a rapidly growing lifestyle brand and omni-channel retailer of premium artisan-crafted home furnishings, reported financial results for the first quarter ended March 31, 2024.
First Quarter 2024 Highlights
- Net revenue of $295 million
- Comparable growth(1) of (9.5)%
- Net and comprehensive income of $15 million
- Adjusted EBITDA of $29 million
2024 Outlook... (continue reading...)
SINGAPORE, May 9, 2024 /PRNewswire/ -- OKX, a leading crypto exchange and Web3 technology company, has issued updates for May 9, 2024.
OKX DeFi to Offer an Enhanced APR of Up to 3% to Swell L2 Depositors
OKX Web3 has partnered with liquid restaking (LRT) protocol Swell to enable eligible users to deposit swETH, rswETH and other supported assets into... (continue reading...)
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