Net revenue

Heritage Cannabis Q3 Net Sales Increase 73% YoY on Vape and Concentrate Sales – Heritage Cannabis Holding (OTC:HERTF)

Heritage Cannabis Holdings Corp. HERTF CAN Q3 2022 net income was C$7.5 million ($5.46 million), a 73% increase from CAD 4.3 million in Q3 2021. Third Quarter 2022 Financial Highlights gross income of CA$10.8000000, an increase of C$5.7 million from gross revenues of C$5.1 million in the third quarter of 2021, an increase […]

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American Eagle reports $1.2 billion in net revenue for the second quarter of 2022

American apparel and accessories retailer American Eagle Outfitters (AEO) reported total net sales of $1.2 billion for the second quarter (Q2) of fiscal year 2022 (FY22). Revenue from the American Eagle business fell 8% to $778 million from a year ago, while its comparable sales also fell 10% from Q2 2021. The Aerie business posted […]

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Extramarks plans to launch CUET preparation courses and is eyeing a net income of Rs 1,000 crore in FY23

Ed-tech platform Extramarks plans to launch Common University Entrance Test (CUET) preparation courses in November 2022, Extramarks CEO Ritvik Kulshrestha told FE Education. Additionally, the company aims to expand its presence in the United Arab Emirates (UAE) in FY23. “We had started operations in the UAE in 2021 with a single office. This fiscal year, […]

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Disappointment expressed on the increase in net income of FBR

The Federal Board of Revenue (FBR) revealed that its net income rose by more than 9% to 489 billion rupees in August, beating the target of 483 billion rupees set for the month. FBR received a net income of Rs. 489 billion in August 2022 against a target of Rs. 483 billion. Gross collection rose […]

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Fashionette AG reports strong net sales growth of 50.1% in the first half of 2022 – the number of active customers exceeds one million for the first time

DGAP-News: fashionette AG / Key word(s): Half-year results/Half-year report fashionette AG reports strong net sales growth of 50.1% in the first half of 2022 – the number of active customers exceeds one million for the first time 01.09.2022 / 07:30 CET/ESTThe issuer is solely responsible for the content of this announcement. fashionette AG reports strong […]

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GradRight aims to achieve net sales of $20 million in FY23 and plans to expand its business in India

U.S.-based ed-fin-tech platform GradRight aims to net $20 million in revenue in fiscal year 23 (Jan-Dec), said Aman Singh, co -founder of GradRight at FE Education Online. The company plans to grow its user base to 90,000 from the current 30,000. Additionally, the company aims to raise funds for the Series A platform by September […]

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I&M Bank records more than 19 billion in net income and 6.5 billion in profit

I&M Bank (Rwanda) PLC announced its financial results for the period ending 30e June 2022 and said it received Rwf 19.6 billion in net income (before impairment provisions), up 20% year-on-year, driven by a significant increase in net interest income of 17 %. Bank executives said they managed to earn Rwf6.5 billion, up 25% year-on-year, […]

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Trust Stamp Inc Postings Increase H1 2022 Net Sales with New and Existing Customer Signups

Trust Stamp (NASDAQ: IDAI, EURONEXT: AIID) Inc reported a significant increase in net revenue for the six months ending June 30, 2022, driven by contracts fulfilled by new and existing customers. First half net revenue was $3.53 million, compared to $1.25 million for the first half of 2021, while second quarter net revenue was $0.71 […]

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Atlantic City casinos’ second quarter net revenue up 14.1% over the same quarter last year

New Jersey’s Division of Gaming Enforcement reported Monday that online casinos and affiliates in the state recorded net revenue totaling $828.8 million for the second quarter. This reflects a 14.1% increase over the same quarter last year and gross operating profit of $183.6 million. For the first six months of 2022, net revenue was $1.5 […]

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Natura &Co announces net sales of $1.6 billion in the second quarter of 2022

Natura &Co, the parent company of The Body Shop, Aesop and Avon, released its financial results for the second quarter of 2022, posting net sales of $1.6 billion and net profit of $146.8 million. dollars. Digital sales represented a significant portion of total company sales (49.5%) and were above pre-pandemic levels across all business units. […]

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STMicro’s Q2 2022 net revenue up 28.3% YoY driven by rising semi-content and automotive demand

Net sales increased 28.3% year-on-year as the company saw decent growth across all product groups and sub-groups. The gross margin of 47.4% is above the norm thanks to favorable prices and a better product mix. STMicro reported net revenue of $3.84 billion for the second quarter of 2022, mainly driven by strong demand from the […]

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NetEase Sees Net Revenue Increase 12.8% YoY | Pocket Gamer.biz

Chinese tech giant NetEase released its financial statements for the second quarter of 2022, showing net revenue of $3.5 billion, an increase of 12.8% compared to the same period in 2021. Games and related services proved particularly successful for the company, with net revenue for the sector increasing 15% year-on-year to $2.7 billion. Cloud Music […]

Net revenue

Medical Marijuana, Inc. Reports Net Sales of $7.8 Million

SAN DIEGO, Calif., Aug. 18, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Medical Marijuana, Inc. (OTC: MJNA) (the “Company”), the first-ever publicly traded cannabis company in the United States that launched the world’s first-ever cannabis-derived nutraceutical products, brands and supply chains, announced its results financial statements for the quarter ending June 30, 2022, and provided […]

Net revenue

Medical Marijuana, Inc. Announces Net Sales of $7.8 Million in Second Quarter 2022 Financial and Operating Results

Medical Marijuana, Inc. SAN DIEGO, Calif., Aug. 18, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Medical Marijuana, Inc. (OTC: MJNA) (the “Company”), the first-ever publicly traded cannabis company in the United States that launched the world’s first-ever cannabis-derived nutraceutical products, brands and supply chains, announced its results financial statements for the quarter ending June 30, […]

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Emmaus Life Sciences Inc announces Q2 2022 revenue of $4.3m after the sale of Endari sickle cell treatment in the United Arab Emirates

Emmaus Life Sciences Inc (OTCQX:EMMA) announced its financial results for the three and six months ended June 30, 2022, which received a boost from the May marketing authorization of its sickle cell treatment Endari in the United Arab Emirates (UAE). The company reported net revenue of $4.3 million for the second quarter, up nearly 33% […]

Net revenue

Votorantim Cimentos achieved net sales of R$6.7 billion in 2Q22, up 15% from 2Q21

Votorantim Cimentos closed the second quarter of 2022 with consolidated net sales of R$6.7 billion, an increase of 15% compared to the same period last year. This result is mainly due to favorable pricing dynamics, in addition to the positive impact of additional sales resulting from acquisitions concluded in 2021. In the second quarter of […]

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Net revenue down 12% for Grove Collaborative in the second quarter

Net revenue for Grove Collaborative, a leading consumer durables company, was $79.3 million, down 12% from the first quarter of 2022 and a down 20% year over year. The results, released Thursday, reflect the fiscal second quarter ended June 30. Company officials called the results the beginning of its ongoing efforts to eliminate […]

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Enero Group Announces 20% Increase in Net Sales in FY22

Enero Group, parent company of agencies such as BMF, Hotwire and Orchard, released its annual results for the 12 months ending June 30, 2022, reporting net revenue up 20% and underlying profit up 40%. In FY22, the company “executed its operating strategy” and continued to deliver strong growth across all key financial metrics, with net […]

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Coca-Cola HBC’s H1 Net Sales Rise Significantly Ahead of Market Views – Earnings Review

By Sabela Ojea Coca-Cola HBC AG released its first-half 2022 results on Thursday. Here’s what you need to know: NET REVENUES: Net revenues reached €4.21 billion ($4.34 billion) compared to €3.25 billion for the same period a year earlier. It was to be 3.95 billion euros, according to the consensus compiled by the company for […]

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Mohegan Announces 27% Increase in Third Quarter Net Sales

The Mohegan Tribal Gaming Authority has released financial results for the company’s third fiscal quarter ending June 30, 2022. Net income was $417.1 million, up 27% year-over-year. This result follows similar growth among competitors, with MGM Resorts International recording a 44% increase in revenue over the same period, while Caesars Entertainment recorded an 11% increase. […]

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Take-Two posts 36% increase in net sales in the first quarter of 2023

The company’s acquisition of mobile phone giant Zynga boosted its outlook. Analyst Craig Chapple steps in. This week, mega-publisher Take-Two released its fiscal first quarter earnings report, and the numbers show net income of $1.1 billion, a 36% increase over the same period. last year. The company cites a handful of stocks as contributors […]

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Urban One Q2 net revenue up 10.4% to $118.8 million

Urban One Q2 net revenue up 10.4% to $118.8 million An urban Urban One reported a 10.4% increase in second quarter net revenue from $107.5 million to $118.8 million. Operating profit increased from $37.9 million to $23.8 million, while broadcast and digital operating profit increased 11.2% to $55.1 million . Adjusted EBITDA increased from $44.8 […]

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Luckin Coffee second quarter net sales up 72% YoY

Chinese beverage chain Luckin Coffee announced its financial report for the second quarter of 2022, along with the appointment of An Jing as chief financial officer, effective August 8. An succeeds Reinout Hendrik Schakel, who has served as Chief Financial Officer and Chief Strategy Officer since January 2019. Schakel will continue to serve as the […]

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Bloomberry Resorts Reports 112% Increase in Second Quarter Net Sales

Bloomberry Resorts reported net income of PHP1.8 billion (US$32.5 million) for the second quarter of 2022, with net income up 112% year-over-year to reach PHP10 billion. EBITDA increased 277% year-on-year to PHP3.9 billion, while net profit was PHP1.8 billion, compared to a net loss of PHP1.2 billion in the quarter. last year. Cash and cash […]

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Beyond Meat Posts Second-Highest Net Sales in Q2, But Missed Gains Lead to Layoffs and Cutbacks

ThursdayPlant-based protein leader Beyond Meat has released Q2 results for 2022, and the company’s missed revenue has led to layoffs and lower revenue prospects amid continued economic turbulence. “We are confident that we will emerge from the current economic climate leaner and stronger” Net revenues for the second quarter of 2022 were $147.0 million, a […]

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BUA Cement achieves net sales of NGN 188.6 billion in 1H22

BUA Cement reported HY22 net revenues up 51.7% to NGN 188.6 billion from NGN 124.3 billion (USD 452 million), compared to the corresponding period ended June 2021. This included additional volumes for the new line 4 to Sokoto. EBITDA increased by 49.7% to NGN 87.5 billion from NGN 58.4 billion in 1H21. EBITDA margin slightly […]

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Strong Demand from Yelp Advertisers Drives Record Net Income

– Second quarter net revenue increased 16% year-over-year to $299 million, resulting in net income of $8 million -Adjusted EBITDA increased to $67 million -Increases full-year outlook to $1.18 billion to $1.20 billion net revenue and $265 million to $285 million adjusted EBITDA1 Yelp Inc., the company that connects people with great local businesses, released […]

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Entravision’s second quarter net revenue increases 24% to $221.7 million

Entravision’s second quarter net revenue increases 24% to $221.7 million Entrapment Entravision Communications said second-quarter net revenue increased 24% to $221.7 million from $178.4 million in 2021. Of the overall increase, $44.2 million was attributable to its digital segment and are mainly due to the growth of advertising revenues from its digital commercial partnerships activities […]

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Cumulus Media Q2 net revenue up 5.4% to $236.7 million

Cumulus Media Q2 net revenue up 5.4% to $236.7 million Cumulus Media Cumulus Media reported second-quarter revenue increased 5.4% to $236.7 million from $224.7 million in 2021. Digital revenue increased 20%, driven by podcasting ( +27%) and digital marketing services (+22%). Adjusted EBITDA increased by 23.4%, from $36.8 million to $45.4 million. The company posted […]

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Adani Power records 16x net increase in Q1, revenue surges 109% to Rs 13,723 crore

Adani Power on Wednesday reported consolidated net profit of Rs 4,780 crore for the June quarter (Q1). It reported a consolidated net profit of Rs 278 crore in the corresponding period of the previous financial year. The company’s consolidated operating income increased by 109% to Rs 13,723 crore from Rs 6,569 crore last year. […]

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Zomato net revenue up 18% QoQ as losses narrow

Zomato released its first quarter (Q1’23) financials late yesterday evening, and there appear to be marked improvements in its revenue and loss numbers. For starters, Zomato’s adjusted revenue was £18.1 billion, up 56% from the same period last year. As expected, the food delivery business was the main driver of this growth, accounting for ₹1,430 […]

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Cboe’s Global FX Net Income Climbs 20% to $16.6 Million in Q2 2022

The Chicago Board of Options Exchange (Cboe) Global Markets, operator of various options, stocks, futures and forex markets, reported 20% growth in global foreign exchange net income in the second quarter of 2022 . Enjoy the biggest financial event in London. This year, we expanded into new verticals in e-commerce, fintech, digital assets, blockchain and […]

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Agilysys Reports Record Net Revenues of $47.5 Million for the First Quarter of FY23

Hotel solutions provider Agilysys released its financial results for the first quarter of fiscal 2023, reporting a company record $47.5 million in net revenue. During the quarter, Agilysys experienced double-digit growth across multiple metrics, driven by an increase in revenue of nearly 23%. Recurring revenue, which includes subscription and maintenance fees, also reached record levels. […]

Net revenue

Brazilian airline Gol reports second-quarter net loss, but net revenue rises

SAO PAULO (Reuters) – Brazilian airline Gol Linhas Aereas Inteligentes SA reported a sharp second-quarter net loss on Thursday mainly due to currency swings, sending its shares tumbling even as its net revenue more than tripled in the during the same period of 2021. The company also provided new guidance for 2022 to reflect frequent […]

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15% increase in Deutsche Börse net sales

Overview of quarterly results: https://twitter.com/DeutscheBoerse/status/1551977008867020800 Net income increased by 15% to €1,017.8 million in the second quarter of 2022, supported by strong trading volumes and an increase in net interest income. Earnings before interest, taxes, depreciation and amortization (EBITDA) increased to 584.9 million euros, an increase of 13%. Net profit for the period attributable to […]

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Zimra Exceeds First Half Net Revenue Target

The Zimbabwe Revenue Authority (Zimra) exceeded its cumulative net revenue target for the first half of the year by 36.84% to $491.49 billion, thanks to intensified compliance strategies. Year-to-date net revenue increased from an initial target of $359.16 billion for the first half and was up approximately 84% from $195.17 billion at the end of […]

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Iowa Casinos and Sportsbooks Report Record Net Income of $1.8 Billion in FY22

According to State Racing and Gaming Commission data released Thursday, Iowa’s 19 state-licensed casinos reported adjusted gross revenue of nearly $1.seven8 billion through their slot machines and table games during the last fiscal year. They also delivered a handful of sports bets over $2.4 billion which earned them nearly $140 million in revenue for the […]

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Valora Group posts net sales above pre-crisis levels in May and June 2022, increases EBIT in the first half of 2022 and confirms guidance for 2022

At the start of the year, Valora’s activity was still strongly impacted by the pandemic. Omicron constraints dominated the retail and foodservice sector, especially in the first quarter of 2022. The easing of government restrictions came later than expected, and in Germany even with an additional lag. Following the gradual lifting of restrictions, however, Valora […]

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Here’s the average net worth of homeowners and renters Ipass

The average net worth of homeowners is much greater than that of renters. Homeownership has long been held up as the pinnacle of the American ideal. There are several reasons why individuals choose not to buy a house, yet there is no doubting that homeownership may have a significant favorable influence on one’s net worth […]

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Italian brand Brunello Cucinelli’s net sales climb 32.3% in the first half of 2022

Brunello Cucinelli net sales in the first half (1st semester) of fiscal year 2022 were recorded at €415.2 million, up 32.3% at current exchange rates (28.3% at constant exchange rates) compared to the first half of 2021. In the second quarter, revenues increased by 46.4%, no doubt helped by the limited exchange value of the […]

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Hipgnosis Reports Net Revenue of $168 Million and Net Debt of $570 Million for Fiscal Year 21-22

Hipgnosis Songs Fund saw a 24.7% year-over-year (YoY) improvement in gross revenue in the fiscal year ending March 31, 2022. But gross debt was $600 million dollars at the end of the period, and the company’s earnings per share ended at -1.65 cents. The Hipgnosis Songs Fund revealed these and a variety of other performance […]

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STEMROBO eyes global expansion and aims to end FY23 with net income worth Rs 70 crore

Educational technology company STEMROBO plans to expand its operations in Nigeria and Ivory Coast in West Africa over the next six months. “We further plan to launch our East Africa section in September this year, focusing on primary and secondary schools in Kenya and Rwanda,” Rajeev Tiwari, founder of STEMROBO technologies, told FE Education Online. […]

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Levi Strauss Announces 15% Increase in Second Quarter 2022 Net Sales

U.S.-based clothing retailer Levi Strauss reported net sales of $1.5 billion for the second quarter (Q2) of fiscal 2022 (FY22), which ended May 29 . This figure represents an increase of 15% compared to the corresponding period last year. For the three-month period, Levi Strauss reported net sales increased 20% at constant currency compared to […]

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Levi Strauss & Co net sales up 15pc to $1.5bn in Q2 | India is blooming

New Delhi/UNI: Driven by growth across all of its business segments, US apparel giant Levi Strauss & Co on Friday reported a 15% year-on-year increase in net revenue to $1.5 billion in the second quarter of FY22. The company’s net profit was $50 million while adjusted net profit was $117 million for the second quarter […]

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Aleafia Health Achieves Record Net Revenues of $43.1 Million in 15-Month Fiscal Year 2022 and Closes Debenture Amendment Transaction

Aleafia Health Inc. LEAF Oh revenue for the 12-month period ending March 31, 2022 was $46.3 million compared to $30.08 million in the 12-month period ending March 31, 2021. Fiscal year has been changed to March 31. Financial Highlights for the 12 months ending March 31, 2022 Net income was $36.05 million compared […]

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Simplilearn targets $500 million in net sales by FY26 and bets on strengthening its business globally

Digital skills training platform Simplilearn aims to generate $500 million in net revenue by the end of FY26. Additionally, it plans to expand its presence in Latin America and Europe by the end of FY24. “Our main markets in Latin America will be Brazil, Mexico in addition to France, Germany, Spain and the UK,” said […]

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Vineeta Singh, CEO, SUGAR Cosmetics, Retail News, ET Retail

New Delhi: Direct-to-consumer (D2C) beauty brand Sugar Cosmetics is aiming to achieve revenue of Rs 500 crore this year and plans to list on the stock exchange in the next few years, co-founder and CEO Vineeta Singh has said. Speaking during a fireside chat at the ETRetailTech Summit in Mumbai, Singh shared a perspective on […]

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The Sleep Company is eyeing a net income of Rs 200 crore this financial year; spend Rs 40 crore on marketing in FY23

Direct-to-consumer (D2C) mattress brand The Sleep Company plans to launch more than 25 stores in the next six months in Karnataka, Maharashtra, Kerala, Chennai, Gurugram, Hyderabad and Eastern parts of India. India, Priyanka Salot, co-founder, The Sleep Company, told BrandWagon Online. The company opened its first experience store in Bangalore last week. “We expect offline […]

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Stitch Fix Cuts 15% of Hired Workforce as Third Quarter Net Revenue Drops 8%

As it released third quarter 2022 results which included a 8% a decrease in net income year-on-year and a 5% decrease in the number of active customers, stitch correction announced that he would let go 15% of its salaried workforce, primarily in non-tech business and styling leadership roles. Staff reductions, which will contribute to a […]

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CENTA plans to partner with TISS and aims to record net income of Rs 15.56 crore in FY23

The Center for Teacher Accreditation (CENTA) teacher education platform plans to collaborate with the Tata Institute of Social Sciences (TISS) to upskill teachers with the rollout of credited courses, said Ramya Venkataraman, CEO, founder of CENTA at FE Education. By FY23, the company aims to close its net sales worth Rs 15.56 crore ($two million). […]

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PurpleTutor’s net income will increase by 284% to Rs 40 crore in FY23, while net loss will increase by 75% to Rs 7 crore

Ed-tech coding platform PurpleTutor aims to close FY23 with a 284.24% increase in net revenue to Rs 40 crore from Rs 10.41 crore in FY22, Gaurav Perti, co-founder, PurpleTutor, told FE Education online. According to him, the company’s net loss is expected to increase by 75% to Rs seven crore in FY23 from Rs four […]

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Signa Sports United announces net revenue of 269 million euros in the second quarter of 2022 – Business

Online sports retail and technology company Signa Sports United (SSU) has released its financial results for the second quarter of fiscal 2022. Net sales increased 48% year-on-year to €269 million in the second quarter of FY22 and 29% year-on-year to €481 million in the first half of FY22 22, and gross profit increased 37% year-on-year […]

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Mensa Brands achieves net income of Rs 1,500 cr in first 12 months of operation

Mensa Brands, led by Ananth Narayanan, a start-up that owns and operates an umbrella of direct-to-consumer (D2C) brands, had a net income of Rs 1,500 crore in the last 12 months of operation ending May 2022. Mensa Brands Founder and CEO Narayanan, who is also the former CEO of Myntra and Medlife, told FE that […]

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Heritage Cannabis Q1 net revenue increases 330%

Heritage Cannabis Holdings Corp. HERTF CAN published its financial results as of January 31, 2022 and for the three months ended on this date, revealing net revenues of C$6.54 million ($5.16 million) an increase of 330.26% year-on-year. First Quarter 2022 Financial Highlights gturnover of California$9.6 million , an increase of C$7.42 million from […]

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SVP Global Textiles Ltd has published its annual results; Net turnover of Rs 1778.37 Crs up 25% and PAT of Rs 71 Crs up 187% YoY

NNA | Updated: May 31, 2022 3:48 p.m. STI Bombay (Maharashtra) [India]May 31 (ANI/PNN): The textile industry is under continued stress due to rising cotton prices in FY22.The pressure is expected to continue until the arrival of the new crop on September 22.Spinning mills have taken a hard hit. Despite the prevailing situation, SVP Global […]

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Mensa Brands is profitable with a net income rate of Rs 1,500 cr

Mensa Brands, a technology-driven brand house designed for the e-commerce industry, said it was profitable with a net revenue rate of Rs 1,500 crore in the first twelve months of operation. The company said it has become the largest D2C (direct-to-consumer) technology-focused brand house in India, with more than 20 fashion, […]

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Ed-tech platform SpeEdLabs aims to close FY23 with net income worth Rs 25 crore, aims to raise $20 million in next year

Teevra Edutech Pvt Ltd, which operates the ed-tech brand SpeEdLabs, is aiming to end FY23 with a net income worth Rs 25 crore, Vivek Varshney, Founder, SpeEdLabs told FE Education, he however declined to comment on the net loss. “We are eager to grow and expect to find good, big investors so that we can […]

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FunctionUp aims to close FY23 with a net income of Rs 15 crore from just Rs 2 crore in FY22

Upgrading platform FunctionUp aims to close FY23 with a net income worth Rs 15 crore, Bharat Gupta, co-founder, FunctionUp told FE Education Online, but declined to comment on the net loss. According to Gupta, the company plans to introduce new cohorts in data analytics, product management, user interface (UI) and user experience (UX) design, and […]

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Canopy Growth Announces 25% Decline in Fourth Quarter Net Sales Year-Over-Year

The turn of Canopy Growth Corp. into high-end cannabis helped the company report a lower quarterly loss than a year ago, but that wasn’t enough to prevent a 25% drop in revenue. Smiths Falls, Ont. The cannabis company behind brands like Tweed, Doja and Ace Valley said Friday that Canopy’s fourth-quarter net revenue was $111.8 […]

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Canopy Growth’s fourth quarter net revenue down 25% from a year ago

Canopy Growth Corp.’s WEED-T turn. into high-end cannabis helped the company report a lower quarterly loss from a year ago, but that wasn’t enough to prevent a 25% drop in revenue. The Smiths Falls, Ont. The cannabis company behind brands like Tweed, Doja and Ace Valley said Friday that Canopy’s fourth-quarter net revenue was $111.8 […]

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Infinity Learn aims to close FY23 with net income of Rs 150 crore on the back of Rs 60 crore; acquires Wizklub

Educational technology company Infinity Learn, backed by Sri Chaitanya Group, aims to end FY23 with net revenue of Rs 150 crore, due to a net loss of Rs 60 crore, Ujjwal said. Singh, CEO of Infinity Learn at FE Education. The company on Wednesday acquired a majority stake in Wizklub, an online learning platform for […]

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ATRenew net revenue increased 45.7% YoY in Q1 2022

AtRenew saw tremendous growth in the first quarter of 2022, with successful increases in the number of multiple sections listed in this quarter’s financial report. ATRenew’s future plan showed its differences from others and implied its strong growth potential in the future. ATRenew (RERE: NYSE), also known as Aihuishou, is a consumer electronics services and […]

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Biocept Inc. sees net revenue increase 12% in the first quarter thanks to its coronavirus testing services

Biocept Inc (NASDAQ: BIOC) reported first-quarter results that saw revenue jump 12% year-over-year from its coronavirus RT-PCR (COVID-19) testing services. For the period ended March 31, 2022, the San Diego, Calif.-based provider of molecular diagnostic tests, products and services reported revenue of $19.9 million, compared to $17.8 million dollars in Q1 2021. During the quarter, […]

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Casino net revenue increased 27.4% to $719.8 million for the quarter ended March 2022

The Gaming Enforcement Division of the NJ Attorney General’s Office reported the following about New Jersey casino licensees: Casino Licensee Financial Results:Based on documents filed with the Division of Gaming Enforcement, net casino licensee revenues increased 27.4% to $719.8 million for the three months ended March 2022 compared to the same period in 2021. Additionally, […]

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Enviva’s first-quarter net revenue fell to $233 million

Enviva’s net sales for 1Q 2022 were $233.0 million, compared to $241.6 million and $241.0 million for 1Q 2021 on a restated and unrestated basis, respectively. During the first quarter of 2022, several factors contributed to the lower year-over-year net revenues, including absenteeism related to plant-level labor associated with the Omicron variant of COVID-19, which […]

Net revenue

Medical Marijuana, Inc. Announces Net Sales of $7.8 Million in First Quarter 2022 Financial and Operating Results

Medical Marijuana, Inc. SAN DIEGO, CA, May 19, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Medical Marijuana, Inc. (OTC: MJNA) (the “Company”), the first-ever publicly traded cannabis company in the United States that launched The world’s first-ever cannabis-derived nutraceutical products, brands and supply chains, today announced their financial results for the quarter ending March 31, […]

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Net revenue for The Boring Company San Antonio Loop is expected to be $25 million per year, with fares starting at $10

On Wednesday, May 18, the Alamo Regional Mobility Authority (RMA) Board of Directors was briefed with more details on The Boring Company’s (TBC) proposed tunnel between San Antonio International Airport and downtown -town. Bexar County Director of Public Works and County Engineer Renee Green briefed the Alamo RMA Board of Directors on The Boring Company’s […]

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BioStem Technologies (OTC:BSEM) – EXCLUSIVE: BioStem Technologies Announces 211% Increase in First Quarter Net Sales YoY

BioStem Technologies Inc. BSEMa regenerative medicine company focused on the development, manufacturing and commercialization of placenta-derived biologics, today announced its financial results for the three months ended March 31, 2022. The quarterly financial results were as follows: Net income of $2.749 million for the quarter up 211% compared to net income of $0.882 million […]

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Votorantim Cimentos sees net sales increase in Brazil and North America

In Brazil, Votorantim Cimentos net sales in 1Q22 were BRL 2.7 billion (US$525.6 million), an increase of 21% compared to 1Q21. Despite local market instability, macro-economic pressures and a solid basis of comparison with the same period last year, the increase in turnover is mainly due to the combination of a sales volume and a […]

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Aurora Cannabis Reports Third Quarter Fiscal 2022 Results, Net Revenues of $50.4 Million

Aurora Cannabis Inc. ACB ACBa Canadian cannabis company, announced Thursday evening its financial and operating results for the third quarter of fiscal 2022 ended March 31, 2022. Third Quarter Fiscal 2022 Highlights Q3 2022 Total Net Cannabis Revenues was $50.4 million, down 17% sequentially. The average net selling price per gram of dried cannabis […]

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Votorantim Cimentos posts net sales of 4.9 billion reais in the first quarter of 2022

Votorantim Cimentos closed the first quarter of 2022 with consolidated net sales of R$4.9 billion, an increase of 22% compared to the same period last year. This was mainly due to favorable pricing dynamics in Brazil, North America, Europe, Asia and Africa, as well as the positive effect of new sales volumes resulting from acquisitions […]

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Ascend Wellness Net Revenues Increased +28% YoY, Q1 2022 Financial Results and MedMen Settlement

Ascend Wellness Holdings, Inc. AAWH AAWHa vertically integrated, multi-state cannabis operator, on Wednesday released its financial results for the three months ended March 31, 2022. First Quarter 2022 Financial Highlights Gross revenue of $101.2 million decreased 0.8% quarter over quarter and increased 33.4% year over year. Net revenuewhich excludes intercompany wholesale product sales, […]

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Boxed reports higher net sales, gross profit and general merchandise value in the first quarter

E-commerce grocery platform Boxed, Inc. finds its footing in a price-driven marketplace. The company, which offers bulk pantry consumables to households and businesses and licenses its e-commerce software to enterprise retailers, this week shared positive first-quarter financial results. Overall, the balance sheet looks good for New York-based Boxed, which grew its net income 14.1% from […]

Net revenue

Pritika Auto Net Sales Increase 20% YoY to Rs 271 Million on Higher Sales Volume

Pritika Auto Industries Limited, one of India’s leading tractor component manufacturers, has announced its audited results for the quarter and year ended March 31, 2022. This financial data is in accordance with IND AS accounting guidelines. Highlights of financial results for the quarter ended March 31, 2022: Q4 FY22 production volumes were 5,885 tonnes, […]

Net revenue

RIL Q4 consolidated net profit up 22.5%; FY22 revenue at Rs 7 trillion

Reliance Industries (RIL), headed by Mukesh Ambani, on Friday reported consolidated net profit of Rs 16,203 crore for the quarter ended March 31, 2022 (Q4 FY22), up 22.5% from Rs 13,227 crore rupees a year ago, but slightly below expectations. A poll of analysts by Bloomberg had pegged the net profit at […]

Net revenue

Urban One Q1 net revenue increases 23% to $112.3 million

Urban One Q1 net revenue increases 23% to $112.3 million An urban Urban One said first-quarter net revenue rose 22.9% to $112.3 million from $91.4 million in 2021. Operating profit climbed to $36.5 million from $23.8 million, while broadcast and digital operating income increased 33% to $48.4 million. Adjusted EBITDA2 was $42 million, up from […]

Net revenue

ICE pays out $689 million to shareholders as first-quarter net revenue grows 6%

Intercontinental Exchange (ICE), a major operator of global exchanges and clearing houses, said it returned $689 million to its shareholders through dividends and share buybacks. That’s even as the US-based Fortune 500 company reported on Thursday that its net revenue jumped 6% year-on-year (YoY) to $1.9 billion in the first quarter (Q1) of 2022 which […]

Net revenue

Clubhouse Media Group Announces First Quarter 2022 Net Revenues of $813,477, an Increase of 55% Over the Same Period in 2021

LOS ANGELES, May 5, 2022 /PRNewswire/ — Clubhouse Media Group, Inc. (OTCMKTS: CMGR) (“Clubhouse Media”), an influencer-based social media company and digital talent management agency, today announced its financial results for the first quarter of 2022. Financial summary of the first quarter of 2022 compared to the first quarter of 2021 Total net income increased […]

Net revenue

Robinhood net revenue plummeted 43% with crypto trading down 39%

Millennial-focused exchange Robinhood saw a sharp decline in trading activity for the first quarter of 2022, according to the company’s latest financial report. The broader crypto market remains bearish, and recent global equity selloffs have contributed to the disappointing financial numbers, according to the report. The Q1 report said the company’s total net income was […]

Net revenue

Mexico’s Betterware Announces 36% Drop in First Quarter 2022 Net Revenue

Betterware de Mexico released its first quarter financial results for 2022. The report included the company’s expectations for long-term growth and a business strategy that will combat Mexico’s economic slowdown and the effects of inflationary pressures. In the first quarter, the company managed cost increases and recovered profit margins, which it described as an illustration […]

Net revenue

IPG reports better than expected first quarter results

While Asia-Pacific saw its organic net revenue increase by 9.2% and the United States by 12.2%, Latin America recorded an impressive growth of 21.5%. Interpublic group of companies, IPG, reported better-than-expected first-quarter 2022 results with net revenue of $2.23 billion beating the consensus estimate by 3.3%. The company’s total revenue was $2.57 billion, a year-over-year […]

Net revenue

Guest Comment: When will the net gain of $3.9 million for the city arrive? … if ever?

By Matt Williams The city and Yes on Measure H campaign materials for the DiSC project point out that one of the significant benefits to the City of Davis General Fund is a “Net revenue gain of $3.9 million for the City of Davis each year to close the city’s $7 million funding shortfall and […]

Net revenue

Churchill Downs reports record first quarter net sales of $364 million

Churchill Downs Incorporated (CDI) reported record net sales of $364.1 million for the first quarter of 2022, up nearly $40 million from the same three-month period last year . In a strong start to 2022, the Louisville-based operator saw significant growth in its gaming segment, as well as live and historical races. The former segment […]

Net revenue

53% increase in net sales year over year

UK food price inflation at highest since December 2011: KantarGrocery price inflation in the UK currently stands at 5.9%, its highest level since December 2011, according to the latest market share data from Kantar. In the 12 weeks to April 17, Kantar said UK supermarket sales were down 5.9% from the same period last year, […]

Net revenue

Svenska Spel reports lower net sales in turbulent first quarter – Finance

Swedish lottery and gaming operator Svenska Spel reported net gaming revenue of SEK 1.93 billion (£156.6m/€185.5m) for the first quarter of 2022, as a only of its major business segments recorded revenue growth. This is a year-on-year decline of 3.2%, which Svenska Spel attributes in part to the cancellation of sports games and limited casino […]

Net revenue

Svenska Spel announces lower net sales in turbulent first quarter – Finance

Swedish lottery and gaming operator Svenska Spel reported net gaming revenue of SEK 1.93 billion (£156.6 million/€185.5 million) for the first quarter of 2022, as a only one of its major business segments experienced revenue growth. This is a 3.2% year-on-year decline, which Svenska Spel attributes in part to the cancellation of sports games and […]

Net revenue

Indiva Announces Record Fiscal 2021 Net Revenue of $25.46 Million, Up 121.6%

limited indiva NDVAF NDVA released its financial and operating results for the fourth quarter and fiscal year ended December 31, 2021. Fiscal 2021 performance Record gross revenue for the year ended December 31, 2021 was C$35.43 million ($27.79 million), compared to CAD $16.19 million for the year ended December 2020, representing a 118.9% […]

Net revenue

Walton’s profits fall despite growth in net income

Leading electronics producer Walton Hi-Tech Industries reported a slight decline in quarterly profit at its 25th board meeting on Sunday. Walton generated profit worth Tk 373.8 crore or Tk 12.34 per share in the January to March quarter this year, down 4.5% from the same quarter of the year latest, according to price-sensitive information posted […]

Net revenue

Monarch Announces 45% Increase in First Quarter 2022 Net Sales

Monarch Casino & Resort, Inc. reported net revenue of $108.3 million for the first quarter of 2022, an increase of 45% over the prior year period. Adjusted EBITDA soared 50% to $34.3 million, with net income rising 122% to $18.1 million. Net sales and adjusted EBITDA figures were record highs in the first quarter, as […]