Business Wire

COLUMBUS, Ohio--(BUSINESS WIRE)-- Intellinetics, Inc. (NYSE American: INLX), a digital transformation solutions provider, announced financial results for the three months ended March 31, 2024, the first quarter of 2024.

2024 First Quarter Financial Highlights

• Total Revenue increased 7.7% over the same period in 2023; the growth in the first quarter was fully organic.
• Software as a Service revenue increased 13.5% over the same period in 2023.
  • “IPAS”... (continue reading...)

• Q1 Revenue of $2.7 million, up 6% year over year
• Q1 operating loss of $(4.3) million, a 41% improvement year over year
• Q1 adjusted EBITDA of $(3.4) million, a 38% improvement year over year
• Company announces state approval of a new customer agreement with a prominent regional Medicaid health plan for our full suite of solutions
• Company to Host Conference Call at 4:30 pm ET Today

MIAMI--(BUSINESS WIRE)-- Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or... (continue reading...)

• First Quarter 2024 Adjusted EBITDA of $1.9 million, Adjusted EBITDA margin of 3.5%
• Launched Grove Co. rebrand alongside new Ready-to-Use Hand Soap, Dish Soap and Liquid Laundry Detergent
• Completed headquarters lease restructuring; more than $5M of cash savings through May 2027
• Maintains full year 2024 Revenue and Adjusted EBITDA Guidance

SAN FRANCISCO--(BUSINESS WIRE)-- Grove Collaborative Holdings, Inc. (NYSE: GROV) (“Grove” or “the Company”),... (continue reading...)

Quarterly Revenue up more than 300% sequentially

Successfully signed definitive agreement to acquire RaGE Systems

Acquisition strategy successfully expanding end markets and diversifying offerings

IRVINE, Calif.--(BUSINESS WIRE)-- Mobix Labs, Inc. (Nasdaq: MOBX) (“Mobix Labs” or the “Company”), a fabless semiconductor company developing disruptive next-generation connectivity solutions for wired, wireless 5G, military, defense, aerospace, and medical... (continue reading...)

CAMPBELL, Calif.--(BUSINESS WIRE)-- Tigo Energy, Inc. ("Tigo," or the "Company") (NASDAQ: TYGO), a leading provider of intelligent solar and energy storage solutions, today reported unaudited financial results for the first quarter ended March 31, 2024 and financial guidance for the second quarter ending June 30, 2024.

Recent Financial and Operational Highlights

• Quarterly revenue of $9.8 million
• GAAP gross margin of 28.2%
• GAAP operating loss of $9.1... (continue reading...)