Reports

Applied Materials achieved record revenue of $7.17 billion, up 7% YoY, and improved operating margins. However, GAAP net income declined due to a $644 million tax expense from Singapore tax incentive changes. Non-GAAP EPS grew 12% YoY, reflecting strong operational performance.

• Revenue reached $7.17 billion, a 7% increase YoY.
• Non-GAAP EPS increased 12% YoY to $2.38.

Sony posted solid earnings for Q3 2024, with revenue growing by 17.7% year-over-year to ¥4.41 trillion. Net income increased to ¥375.6 billion, driven by gains in the Game & Network Services and Music segments. Operating income reached ¥469.3 billion, slightly up from last year. The company maintains a strong financial position with ¥2.49 trillion in cash and cash equivalents.

• Revenue grew 17.7% year-over-year to ¥4.41 trillion.
• Net income rose to ¥375.6 billion from ¥367.4 billion last year.

Palo Alto Networks delivered 14.29% year-over-year revenue growth, driven by strong adoption of Next-Generation Security solutions. Non-GAAP EPS improved, but GAAP net income declined due to a prior-year tax benefit. The company continues to expand its AI-powered security offerings, raising its operating margin and EPS outlook for FY25.

• Revenue grew 14.29% YoY to $2,257,400,000.
• Next-Generation Security ARR increased 37% YoY to $4,800,000,000.

Unilever's Q4 2024 revenue was €14.2 billion, with an underlying sales growth of 4.0%. The company's operating profit reached €9.4 billion for the full year, despite a decline of 3.7%. Adjusted earnings per share increased by 14.7% to €2.98. Free cash flow remained strong at €6.9 billion.

• Revenue reached €14.2 billion in Q4 2024, showing stable performance.
• Operating margin improved to 15.5%, though operating profit declined 3.7%.

Airbnb posted a solid Q4 2024 with revenue of $2.48 billion, up 12% year-over-year, driven by strong demand and increased nights booked. Net income reached $461 million with a 19% margin. Gross booking value grew 13% to $17.6 billion, reflecting higher travel activity. The company continues to focus on expanding global markets and optimizing its platform.

• Revenue increased by 12% year-over-year to $2.48 billion.
• Net income improved to $461 million, with a 19% margin.

Motorola Solutions delivered a solid Q4 2024, with revenue rising 6% YoY to $3.01 billion. Growth was driven by strong demand in North America and a significant 11% increase in Software & Services. Operating margin improved, and the company ended the quarter with a record $14.7 billion backlog, positioning it for continued growth in 2025.

• Revenue increased 6% YoY to $3.01 billion.
• Software & Services grew 11% YoY, outpacing other segments.

RELX delivered strong revenue growth of 7% and an adjusted operating profit increase of 10%. Adjusted EPS grew 9% on a constant currency basis. The company continued its shift towards higher-growth analytics and decision tools. It completed five acquisitions and seven disposals while maintaining strong financial performance.

• Revenue increased by 7% to £9,434m.
• Adjusted EPS grew 9% on a constant currency basis to 120.1p.

Coinbase's Q4 2024 revenue surged to $2.27 billion, an increase of 138.15% YoY, fueled by a 172% rise in transaction revenue. Net income reached $1.29 billion, supported by higher trading volumes and gains from its crypto asset investment portfolio. The company ended the quarter with $9.3 billion in USD resources and strong institutional adoption.

• Revenue grew 138.15% YoY to $2.27 billion, with transaction revenue up 172% QoQ.
• Net income surged 372.19% YoY to $1.29 billion, driven by increased trading volumes.

Republic Services saw a 5.6% increase in revenue, driven by strong pricing and strategic acquisitions. Net income and EPS grew significantly, supported by higher margins and cost efficiencies.

• Revenue grew 5.6% YoY to $4,046,000,000, supported by pricing and acquisitions.
• Net income increased by 16.4% YoY, reaching $512,000,000.

Digital Realty achieved a 5.00% year-over-year revenue increase in Q4 2024, driven by record leasing activity in the 0–1 MW plus interconnection segment. Net income saw an 835.67% surge, reflecting strong demand and operational improvements. The company introduced a 2025 Core FFO per share guidance of $7.05 - $7.15.

• Revenue increased by 5.00% year-over-year to $1.44 billion.
• Net income surged by 835.67% year-over-year to $186 million.

Agnico Eagle delivered strong financial results in Q4 2024, driven by higher gold prices and disciplined cost control. Revenue increased by 26.56% YoY to $2.22 billion, while net income rebounded to $509 million from a $374 million loss in Q4 2023. The company achieved record adjusted net income of $632 million and strong free cash flow of $570 million, reinforcing its financial position.

• Revenue grew 26.56% YoY to $2.22 billion, driven by higher realized gold prices.
• Net income recovered to $509 million from a $374 million loss in Q4 2023.

Ingersoll Rand posted strong Q4 2024 results, with revenue growing 4.2% year-over-year to $1.90 billion. Net income remained stable at $229.8 million, while adjusted EPS declined slightly to $0.84. Free cash flow was strong at $490.9 million, reflecting a 25.9% margin. The Precision & Science Technologies segment drove revenue growth, while the Industrial Technologies & Services segment remained flat.

• Revenue grew 4.2% year-over-year to $1.90 billion.
• Net income was stable at $229.8 million, while adjusted EPS declined 2.3%.

DexCom achieved 8.00% YoY revenue growth in Q4 2024, reaching $1,113,500,000. However, net income declined significantly by 40.80% YoY due to increased operating expenses and margin pressure.

• Revenue increased by 8.00% YoY, reaching $1,113,500,000.
• International revenue growth of 17.00% outpaced U.S. revenue growth of 4.00%.

GoDaddy delivered 8.4% year-over-year revenue growth in Q4 2024, driven by strong performance in Applications & Commerce. However, net income fell sharply due to an extraordinary tax benefit in the previous year. The company maintained healthy margins and strong free cash flow.

• Revenue grew 8.4% YoY, driven by strong demand in Applications & Commerce.
• Net income declined 82.2% YoY due to a non-routine tax benefit in Q4 2023.

Orange achieved revenue of €10.426 billion in Q4 2024, a 0.5% increase year-on-year. EBITDAaL rose by 3.2% to €3.252 billion. Operating income increased 14.8% to €5.116 billion, while net income reached €2.902 billion. The company continues to execute its Lead the Future strategy, achieving solid growth in Africa & Middle East and stabilizing performance in France.

• Q4 2024 revenue increased by 0.5% year-on-year to €10.426 billion.
• EBITDAaL grew by 3.2% to €3.252 billion, showing strong operational efficiency.

DTE Energy announced a record investment in utility infrastructure for 2024, leading to a significant reduction in customer outage times. The company reported 2024 earnings of $1.4 billion, or $6.77 per diluted share, compared to $1.4 billion, or $6.76 per diluted share in 2023. Operating earnings for 2024 were $1.4 billion, or $6.83 per diluted share, compared with 2023 operating earnings of $1.2 billion, or $5.73 per diluted share.

• Reduced customers' bills by $300 million through fuel and transportation cost savings.
• Invested $4.4 billion in electric and gas infrastructure to improve reliability and promote cleaner energy.

Ameren saw significant growth in Q4 2024, driven by higher infrastructure investments, lower operational costs, and increased retail electric sales. However, rising interest expenses and a lower return on equity at Ameren Illinois Electric Distribution partially offset gains.

• Q4 2024 revenue increased by 19.96% YoY to $1.94 billion.
• Net income rose to $207 million, a 30.97% YoY increase.

Twilio delivered 11% YoY revenue growth in Q4 2024, reaching $1.19 billion. The company achieved its first-ever GAAP operating profit at $13.7 million, while non-GAAP EPS increased to $1.00. Strong performance in Communications revenue offset a slight decline in the Segment business.

• Twilio achieved its first-ever GAAP operating profit of $13.7 million.
• Revenue grew 11% YoY, driven by a 12% increase in Communications revenue.

DraftKings saw strong revenue growth driven by increased customer acquisition and engagement. However, profitability was impacted by lower average revenue per user and higher promotional investments. The company remains focused on enhancing customer economics and expanding its market reach.

• Revenue grew by 13.17% year-over-year, reaching $1.39 billion.
• Net loss widened to $134.85 million, compared to $44.62 million in Q4 2023.

DaVita Inc. delivered strong Q4 2024 results, with revenue reaching $3.295 billion, a 4.73% increase YoY. Operating margin expanded to 17.2%, reflecting cost efficiencies and higher reimbursement rates. Adjusted EPS was $2.24, while net income rose significantly to $259.33 million.

• Revenue grew 4.73% YoY to $3.295 billion.
• Operating income increased to $565 million, with a 17.2% margin.

Procore achieved a 16% year-over-year revenue increase in Q4 2024, reaching $302,048,000. However, the company reported a GAAP net loss of $62,291,000, compared to $29,519,000 in the same quarter last year. Non-GAAP EPS was $0.01, while GAAP EPS stood at $(0.42).

• Revenue grew by 16% YoY to $302,048,000.
• GAAP net loss widened to $62,291,000 from $29,519,000 in Q4 2023.

Roku delivered a strong Q4 2024, surpassing $1 billion in platform revenue for the first time (+25% YoY). Total revenue grew 22% YoY to $1.20 billion, while net loss narrowed to $35.55 million from $78.29 million a year ago. Adjusted EBITDA increased 62% YoY to $77.50 million, driven by platform growth and ad demand. The company expects continued revenue growth in 2025, with a long-term goal of achieving positive operating income in 2026.

• Platform revenue exceeded $1 billion for the first time, growing 25% YoY.
• Total revenue increased 22% YoY, driven by strong ad demand and higher engagement.

Kinsale Capital saw a 12.2% YoY increase in gross written premiums and a 37.8% rise in net investment income. Net income grew 5.5% YoY to $109.09M, while adjusted EPS increased 19.4% to $4.62. The company maintained a strong underwriting margin, with a combined ratio of 73.4%, despite catastrophe losses impacting results.

• Net income grew 5.5% YoY to $109.09M.
• Gross written premiums increased 12.2% YoY to $443.28M.

Bio-Rad's Q4 2024 revenue decreased by 2.00% YoY to $667,500,000, impacted by a decline in the Life Science segment. However, Clinical Diagnostics grew slightly. Operating margin declined due to higher restructuring costs, but cost efficiencies helped maintain profitability.

• Revenue declined by 2.00% YoY due to weakness in the Life Science segment.
• Clinical Diagnostics saw 0.90% YoY growth, driven by increased demand for quality control and blood typing products.

Wynn Resorts maintained revenue at $1.84B in Q4 2024, with strong performance in Las Vegas and Macau. However, net income dropped significantly, largely due to the absence of a $474.2M tax benefit recorded in Q4 2023. Adjusted Property EBITDAR declined slightly by 1.79% YoY.

• Revenue remained flat at $1.84B compared to Q4 2023.
• Net income fell 61.99% YoY due to the absence of last year’s tax benefit.

Informatica's Q4 2024 revenue declined by 3.78% YoY, primarily due to lower self-managed subscription renewals. However, Cloud Subscription ARR grew 34% YoY, highlighting the company's continued cloud transition. Operating margin improved significantly, driven by cost efficiencies.

• Revenue declined 3.78% YoY to $428,305,000 due to lower self-managed subscription renewals.
• Cloud Subscription ARR grew 34% YoY to $827,307,000, reflecting strong demand.

Bright Horizons saw a 10% year-over-year revenue increase in Q4 2024, reaching $674,146,000. Net income surged by 427% to $29,123,000, while EPS grew by 456%. Operating income rose significantly, driven by increased demand for back-up care and higher tuition rates.

• Revenue increased by 10% YoY, reaching $674,146,000.
• Net income saw a substantial 427% YoY growth.

Air Lease Corporation's Q4 2024 revenue remained stable, but net income and EPS saw significant declines due to higher interest expenses and lower end-of-lease revenue. The company continued expanding its fleet, adding 18 new aircraft and selling 14. Lease rates and aircraft valuations are expected to rise, supporting future growth.

• Revenue decreased slightly by 0.51% YoY to $712,895,000.
• Net income declined by 56.08% YoY due to increased interest expenses.

Ultragenyx delivered $164,877,000 in revenue for Q4 2024, a 29% YoY increase, primarily fueled by Crysvita and Dojolvi sales. Despite higher revenue, the company reported a net loss of $133,385,000, with increased R&D and operating expenses.

• Total revenue grew 29% YoY to $164,877,000.
• Crysvita and Dojolvi saw strong revenue growth of 23% and 34% YoY, respectively.

JFrog's revenue grew 19% year-over-year to $116,100,000 in Q4 2024, driven by a 37% YoY increase in cloud revenue. The company achieved a non-GAAP operating margin of 18.0% and generated strong free cash flow of $48,484,000. Despite a GAAP net loss of $23,198,000, JFrog's platform adoption and security investments continued to drive momentum.

• Revenue grew 19% YoY to $116,100,000, driven by cloud and security adoption.
• Cloud revenue increased 37% YoY, now representing 43% of total revenue.

Hecla delivered a significant YoY revenue increase, driven by higher silver production and realized prices. The company achieved profitability with a net income of $11.79M, a strong improvement from last year’s loss. Free cash flow turned positive, and Hecla continued deleveraging.

• Revenue increased by 55.4% YoY to $249.66M.
• Net income rebounded to $11.79M from a $43.07M loss in Q4 2023.

Hannon Armstrong (HASI) achieved a 17.02% YoY revenue growth in Q4 2024, reaching $101,298,000. Adjusted EPS increased by 16.98% to $0.62, supported by record investment activity and higher portfolio yields. Despite revenue gains, GAAP net income declined by 21.91% YoY, primarily due to higher interest expenses and other costs. The company remains focused on long-term growth, extending its 8%-10% adjusted EPS growth guidance through 2027.

• Revenue grew 17.02% YoY to $101,298,000 in Q4 2024.
• Adjusted EPS rose 16.98% YoY to $0.62, while GAAP EPS fell 27.03% to $0.54.

Hercules Capital achieved a 7.2% YoY increase in net investment income for Q4 2024, reaching $81.1M. The company maintained disciplined balance sheet management, with total gross fundings of $468.5M and total gross debt and equity commitments of $619.5M.

• Net investment income (NII) reached $81.1M, a 7.2% YoY increase.
• Total investment income for Q4 is estimated at $121.78M (+7.1% YoY).

Warrior Met Coal reported a significant decrease in net income and adjusted EBITDA for Q4 2024 compared to Q4 2023, primarily due to lower steelmaking coal prices. Despite this, the company achieved increased sales and production volumes, with Mine 4 reaching record annual production. The Blue Creek growth project began production on time and on budget, contributing to the year's output.

• Net income for Q4 2024 was $1.1 million, a significant decrease from $128.9 million in Q4 2023.
• Adjusted EBITDA for Q4 2024 was $53.2 million, down from $163.7 million in Q4 2023.

Yelp delivered record net revenue and strong profitability in 2024, with net revenue reaching $362 million in Q4, up 6% year-over-year, and adjusted EBITDA of $101 million, up 5%. The company's strategic focus on Services drove double-digit revenue growth, while challenges in Restaurants, Retail & Other categories persisted. Yelp also continued to invest in product innovation, including AI-powered features, and repurchased $62.5 million in shares during Q4.

• Net revenue for Q4 2024 was $362 million, a 6% increase year-over-year, exceeding the high end of the outlook range.
• Adjusted EBITDA for Q4 2024 was $101 million, a 5% increase year-over-year, also above the high end of the outlook range.

Goodyear reported a net income of $76 million for the fourth quarter of 2024, a significant improvement from a net loss of $291 million in the prior year's quarter. Adjusted net income for Q4 2024 was $114 million. Full-year 2024 net income was $70 million, with adjusted net income of $302 million. The company's Goodyear Forward transformation plan contributed $480 million in benefits for the full year, exceeding its plan.

• Fourth quarter 2024 net income was $76 million, a substantial improvement from a net loss of $291 million in Q4 2023.
• Adjusted net income for Q4 2024 was $114 million, with adjusted EPS of $0.39.

LXP Industrial Trust reported a strong fourth quarter in 2024, driven by excellent leasing outcomes and solid same-store growth. The company completed 4.5 million square feet of leasing throughout the year, increasing Base and Cash Base rents, and generated attractive same-store NOI growth. They also acquired four Class A properties and substantially completed a 625,000 square foot build-to-suit, further increasing Sunbelt market exposure.

• Recorded Net Income attributable to common shareholders of $31.4 million, or $0.11 per diluted common share.
• Generated Adjusted Company Funds From Operations available to all equityholders - diluted (“Adjusted Company FFO”) of $47.0 million, or $0.16 per diluted common share.

Seaboard Corporation reported net sales of $2.482 billion and net earnings attributable to Seaboard of $154 million for the quarter ended December 31, 2024. The company's Board of Directors has authorized and declared a quarterly cash dividend of $2.25 per share of its common stock.

• Net sales increased to $2.482 billion from $2.282 billion year-over-year.
• Operating income was $114 million, a significant improvement from an $87 million loss in the same quarter last year.

Phinia reported Q4 2024 results with net sales of $833 million, a decrease of 5.6% compared to Q4 2023. Operating income was $51 million, a decrease of $30 million year-over-year. Net earnings were $5 million, a decrease of $28 million year-over-year. Adjusted free cash flow was $72 million, compared to $55 million in Q4 2023.

• Net sales decreased by 5.6% to $833 million compared to Q4 2023.
• Operating income decreased by $30 million year-over-year to $51 million.

IDEAYA Biosciences reported a net loss of $130.3 million for the three months ended December 31, 2024. As of December 31, 2024, IDEAYA had cash, cash equivalents and marketable securities of approximately $1.1 billion, anticipated to fund operations into at least 2028.

• Over 230 patients enrolled in potential registration-enabling trial in 1L HLA-A2-negative MUM, and median PFS readout targeted by year-end 2025.
• 95 patients enrolled in neoadjuvant UM trial and targeting clinical data and regulatory update(s) in H1 2025, including vision data in plaque brachytherapy patients.

Agios Pharmaceuticals reported Q4 2024 financial results with PYRUKYND net revenue of $10.7 million. The company's cash, cash equivalents, and marketable securities totaled $1.5 billion as of December 31, 2024. Agios completed enrollment for the Phase 3 RISE UP study of Mitapivat in Sickle Cell Disease and filed for regulatory approval of Mitapivat for the treatment of adult patients with thalassemia in multiple regions.

• PYRUKYND generated $10.7 million in net revenue, a 20% increase from Q3 2024.
• Regulatory applications for mitapivat (PYRUKYND) were filed for the treatment of adult patients with thalassemia.

Knowles Corporation reported a 2% increase in fourth-quarter revenues from continuing operations year-over-year, reaching $142.5 million. Net earnings for the quarter were $18.5 million, with diluted EPS at $0.12. The company also generated $35.1 million in net cash from operations.

• Fourth quarter revenues from continuing operations increased 2% year-over-year.
• Full year revenues from continuing operations increased 21% year-over-year.

DNOW Inc. reported Q4 2024 revenue of $571 million and net income of $23 million, or $0.21 per diluted share. Non-GAAP net income was $27 million, or $0.25 per diluted share. The company's cash from operating activities was $122 million and EBITDA excluding other costs was $45 million.

• Revenue for the fourth quarter of 2024 was $571 million.
• Net income attributable to DNOW Inc. for the fourth quarter of 2024 was $23 million, or $0.21 per diluted share.

Leggett & Platt's fourth quarter 2024 results showed a 5% decrease in sales to $1.1 billion and a reported EPS of $0.10. Adjusted EPS was $0.21, down $0.05 from the prior year. The company continued to make progress on its restructuring plan, realizing $12 million in EBIT benefit for the quarter.

• Fourth quarter sales decreased 5% to $1.1 billion compared to 4Q23.
• Reported EPS for the fourth quarter was $0.10, while adjusted EPS was $0.21, a $0.05 decrease from adjusted 4Q23 EPS.

Altice USA reported a slight decrease in total revenue for Q4 2024, alongside a net loss attributable to stockholders. However, the company saw record fiber and mobile performance and improved operational efficiency.

• Total revenue decreased by 2.9% year-over-year to $2.2 billion.
• Residential revenue decreased by 5.6% year-over-year to $1.7 billion.

Elme Communities reported a net loss of $3.0 million and Core FFO of $20.7 million for Q4 2024. The company saw an increase in same-store multifamily NOI by 1.7% and average effective monthly rent per home by 1.9%. The Board of Trustees has initiated a formal evaluation of strategic alternatives to maximize shareholder value.

• Net loss for Q4 2024 was $3.0 million, or $0.03 per diluted share.
• Core FFO for Q4 2024 was $20.7 million, or $0.24 per diluted share.

Genesis Energy reported a net loss of $49.4 million for Q4 2024, compared to a net income of $12.0 million in the same period of 2023. The company's CEO highlighted the near completion of capital-intensive expansion projects and the expectation of turning cash flow positive in the second half of 2025. Adjusted EBITDA for the quarter was $160.6 million.

• Net Loss Attributable to Genesis Energy, L.P. was $49.4 million, compared to Net Income of $12.0 million for the same period in 2023.
• Cash Flows from Operating Activities were $74.0 million, compared to $124.8 million for the same period in 2023.

Sally Beauty Holdings reported a solid start to fiscal year 2025, with consolidated net sales increasing by 0.7% to $938 million and comparable sales increasing by 1.6%. The company's GAAP operating margin expanded by 330 basis points to 10.7%, and adjusted operating margin expanded by 50 basis points to 8.4%.

• Consolidated net sales increased 0.7% and consolidated comparable sales increased 1.6%.
• GAAP operating margin expanded 330 basis points to 10.7%; adjusted operating margin expanded 50 basis points to 8.4%.

Udemy concluded 2024 with robust performance, exceeding revenue expectations and achieving record Adjusted EBITDA. The company's strategic pivot towards serving large enterprise customers is on track, despite anticipating 2025 to be a transition year. Key highlights include significant growth in Enterprise segment revenue and a substantial increase in Adjusted EBITDA margin.

• Total revenue increased 5% year-over-year to $199.9 million in Q4 2024.
• Enterprise segment revenue grew 13% year-over-year to $130.1 million in Q4 2024.

Piedmont Office Realty Trust reported a net loss of $29.978 million for Q4 2024, an increase from the $28.030 million net loss in Q4 2023, primarily due to impairment charges and elevated interest expense. Despite the net loss, the company achieved its highest annual leasing volume since 2015 and saw positive Same Store NOI growth.

• Net loss applicable to Piedmont increased to $29.978 million in Q4 2024 from $28.030 million in Q4 2023.
• Core FFO per diluted share decreased to $0.37 in Q4 2024 from $0.41 in Q4 2023, partly due to increased interest expense.

Cohu's fourth quarter 2024 net sales were $94.1 million, with a GAAP net loss of $21.4 million, or $0.46 per share. The non-GAAP net loss was $7.1 million, or $0.15 per share. Full year 2024 revenue was $401.8 million, with a GAAP net loss of $69.8 million.

• Full year 2024 revenue reached $401.8 million.
• Fourth quarter 2024 net sales were $94.1 million, with approximately 62% recurring revenue.

Franklin BSP Realty Trust, Inc. reported a GAAP net income of $30.2 million and diluted EPS of $0.29 for the fourth quarter of 2024. The company closed $441 million in new loan commitments and funded $476 million in principal balance, while receiving $641 million in loan repayments. Distributable Earnings were $31.2 million, or $0.30 per diluted common share.

• GAAP net income for Q4 2024 was $30.2 million, with diluted EPS of $0.29.
• Distributable Earnings for Q4 2024 were $31.2 million, or $0.30 per diluted common share.

PDF Solutions, Inc. announced strong financial results for the fourth quarter of 2024, achieving record quarterly total revenues of $50.1 million and record quarterly analytics revenue of $47.9 million, both up 22% year-over-year. The company reported GAAP diluted EPS of $0.01 and non-GAAP diluted EPS of $0.25.

• Record quarterly total revenues reached $50.1 million, marking a 22% increase compared to the same quarter last year.
• Record quarterly analytics revenue stood at $47.9 million, also up 22% from the comparable quarter last year.

Redwood Trust reported a GAAP loss of $(0.07) per share for the fourth quarter of 2024, while non-GAAP earnings available for distribution (EAD) were $0.13 per share. The full-year 2024 results showed tangible progress, with operating businesses returning to strong profitability and a 5.7% total economic return.

• Q4 2024 GAAP earnings were $(0.07) per share, and non-GAAP earnings available for distribution (EAD) were $0.13 per share.
• GAAP book value at December 31, 2024, was $8.46 per share.

IRadimed Corporation announced its Q4 and full year 2024 financial results, reporting record revenue of $19.4 million for the fourth quarter, an 11% increase compared to the same period in 2023. GAAP diluted EPS was $0.40 and non-GAAP diluted EPS was $0.44 for the fourth quarter. The company also increased its quarterly cash dividend to $0.17 per share.

• Reported record revenue of $19.4 million for Q4 2024, an 11% increase year-over-year.
• GAAP diluted EPS was $0.40 and non-GAAP diluted EPS was $0.44 for Q4 2024.

Ceva reported a strong fourth quarter with a 21% increase in total revenue year-over-year. The company secured major licensing deals and saw record high Ceva-powered unit shipments. Royalty revenue also increased for the fifth consecutive quarter.

• Total revenue increased by 21% year-over-year.
• Royalty revenue grew by 9% year-over-year, marking the fifth consecutive quarter of growth.

Pagaya Technologies reported record total revenue of $279 million, a GAAP operating income of $32 million, and an adjusted EBITDA of $64 million for Q4 2024. The company exceeded its outlook for key metrics and initiated guidance on GAAP profitability for the full year 2025, expecting to be GAAP Net Income profitable in the second quarter of 2025. It also addressed legacy investment issues and is fully self-funded.

• Record network volume of $2.6 billion, grew by 9% year-over-year, driven primarily by Personal Loans.
• Continued partner growth and expanded enterprise relationships, including addition and expansion of the OneMain partnership and addition of Avvance, the POS lending solution offered by U.S. Bank and Elavon.

Hertz Global Holdings, Inc. reported Q4 2024 results with revenue of $2.0 billion and a GAAP net loss of $479 million, or $1.56 loss per diluted share. The company focused on stabilizing the business and implementing fundamental changes. A 30,000 EV fleet reduction announced in 2023 has been completed and the company had strong corporate liquidity of $1.8 billion at the end of the quarter.

• Revenue for Q4 2024 was $2.0 billion.
• GAAP net loss for Q4 2024 was $479 million, or $1.56 loss per diluted share.

Clearwater Paper reported a transformational year in 2024, marked by the acquisition of the Augusta, Georgia paperboard facility and the divestiture of its tissue business. The company's fourth-quarter net income significantly increased to $199.1 million, primarily due to a $307.2 million gain on the sale of its tissue division, despite lower sales prices and higher maintenance costs.

• Net income from total operations for Q4 2024 was $199.1 million, a substantial increase from $18 million in Q4 2023, driven by the gain on sale of the tissue division.
• Sales volumes for paperboard increased by 63% in Q4 2024 to 306,692 tons compared to the same period last year.

Kelly Services reported Q4 revenue of $1.2 billion, a decrease of 3.3% year-over-year, but an increase of 4.4% on an organic basis. The company reported an operating loss of $56.7 million, including $80.8 million in non-cash impairment charges. Adjusted EBITDA was $43.5 million, up 34% versus the prior year.

• Q4 revenue was $1.2 billion, down 3.3% year-over-year but up 4.4% on an organic basis.
• Operating loss was $56.7 million, reflecting $80.8 million in non-cash impairment charges.

PacBio's fourth quarter 2024 results showed a revenue of $39.2 million, a 33% decrease year-over-year. Despite this, the company reported a net income of $3.6 million, a significant improvement from a net loss of $82.0 million in the prior-year period, primarily due to a $154.4 million gain on debt restructuring. Operating expenses increased substantially due to preliminary non-cash impairment charges.

• Revenue decreased by 33% year-over-year to $39.2 million in Q4 2024.
• Net income significantly improved to $3.6 million in Q4 2024, primarily due to a $154.4 million gain on debt restructuring.

Investors Title Company reported a strong fourth quarter with a 31.6% increase in revenues to $70.6 million and net income of $8.4 million, or $4.41 per diluted share, driven by increased activity levels and expansion initiatives.

• Revenues increased by 31.6% to $70.6 million compared to the prior year period.
• Net income increased to $8.4 million, or $4.41 per diluted share, compared to $5.8 million, or $3.09 per diluted share, for the prior year period.

Anywhere Real Estate Inc. reported Q4 2024 financial results, with revenue of $1.4 billion, a net loss of $64 million, and Operating EBITDA of $52 million. The company saw growth in combined closed transaction volume and strength in the luxury market.

• Generated Revenue of $1.4 billion, an increase of $112 million year-over-year.
• Reported Net Loss of $64 million, an improvement of $43 million.

The Manitowoc Company reported fourth-quarter net income of $56.7 million, or $1.59 per diluted share, with net sales remaining relatively flat year-over-year at $596.0 million. Orders increased by 8.4% from the prior year, reaching $515.6 million.

• Fourth-quarter net sales were $596.0 million, relatively flat year-over-year.
• Net income for the fourth quarter was $56.7 million, or $1.59 per diluted share.

Nu Skin Enterprises exceeded its latest revenue guidance for both the fourth quarter and full-year 2024, driven by sequential revenue growth and the material completion of its restructuring plan. The company reported a fourth-quarter revenue of $445.6 million and an adjusted EPS of $0.38, while full-year revenue reached $1.73 billion with an adjusted EPS of $0.84.

• Nu Skin's Q4 2024 revenue of $445.6 million exceeded guidance, despite an 8.8% year-over-year decrease.
• Adjusted EPS for Q4 2024 was $0.38, surpassing expectations due to the completion of the restructuring plan.

Cooper Standard reported a net income of $40.2 million for Q4 2024, a significant improvement from a net loss in the prior year. Sales decreased slightly by 1.9% to $660.8 million, while operating income increased substantially to $31.7 million. The company also generated positive free cash flow of $63.2 million.

• Sales for the fourth quarter of 2024 totaled $660.8 million, a decrease of 1.9% compared to the fourth quarter of 2023.
• Operating income for Q4 2024 was $31.7 million, an increase of $36.2 million from the fourth quarter of 2023.

Onity Group reported strong financial results for 2024, with net income reaching an eleven-year high and adjusted pre-tax income nearly doubling from the prior year. Fourth quarter results were consistent with guidance, and book value per share ended the year at $56, up $4 from the prior year-end.

• Delivered powerful financial results in 2024, with net income reaching an eleven-year high.
• Adjusted pre-tax income nearly doubled from the prior year.

Vanda Pharmaceuticals Inc. announced robust financial and operational results for the fourth quarter and full year ended December 31, 2024. Total net product sales for Q4 2024 reached $53.2 million, a 17% increase year-over-year, primarily fueled by an 18% rise in Fanapt® net product sales. Despite a net loss of $4.9 million for the quarter, the company highlighted significant progress in its development pipeline, including multiple regulatory submissions and commercial launches, positioning it for continued growth in 2025 and beyond.

• Total net product sales for Q4 2024 increased by 17% to $53.2 million compared to Q4 2023.
• Fanapt® net product sales grew by 18% to $26.6 million in Q4 2024, driven by a significant increase in new patient starts.

MVB Financial Corp. reported a net income of $9.4 million for the fourth quarter of 2024, a substantial increase from the prior quarter. This growth was primarily driven by an $11.8 million gain on the sale of assets from a sale-leaseback transaction and increased revenue from its Victor Technologies subsidiary. The company also saw enhanced foundational strength with improved capital ratios and a decline in nonperforming loans.

• Net income for Q4 2024 was $9.4 million, an increase of $7.4 million from the prior quarter.
• Total noninterest income increased by $14.6 million, or 219.7%, primarily due to an $11.8 million gain on sale of assets.

AVITA Medical achieved significant growth in the fourth quarter of 2024, with commercial revenue increasing by approximately 30% year-over-year, driven by the transition to RECELL GO and deeper market penetration. The company also secured key FDA approvals for Cohealyx and RECELL GO mini, positioning itself for long-term growth in therapeutic acute wound care.

• Commercial revenue for Q4 2024 increased by approximately 30% compared to Q4 2023, reaching $18.4 million.
• Gross profit margin for Q4 2024 was 87.6%, a slight increase from 87.3% in the prior year.

eGain Corporation experienced a decline in financial performance for the three and six months ended December 31, 2024. Total revenue decreased by $1.4 million (6%) for the three-month period and $3.8 million (8%) for the six-month period. Net income also saw a significant drop, falling from $2.185 million to $671,000 for the three months and from $4.781 million to $1.323 million for the six months. This downturn was primarily attributed to a reduction in gross margin and an increase in research and development costs.

• Total revenue for the three months ended December 31, 2024, decreased by $1.4 million (6%) to $22.389 million.
• Net income for the three months ended December 31, 2024, was $671,000, a decrease from $2.185 million in the prior year.

Tucows' Q4 2024 saw a 7.1% increase in net revenue to $93.1 million, driven by Ting and Tucows Domains. Gross profit rose by 19% to $21.2 million. However, a net loss of $45.3 million, or $4.11 per share, was reported due to a one-time impairment in Ting and restructuring charges. Adjusted EBITDA increased 403% to $12.8 million.

• Net revenue increased by 7.1% year-over-year to $93.1 million.
• Gross profit increased by 19% year-over-year to $21.2 million.

Granite Point Mortgage Trust Inc. reported a GAAP net loss attributable to common stockholders of $42.4 million, or $0.86 per basic common share, for Q4 2024. The company made substantial progress in resolving nonperforming loans and repurchased 1.2 million common shares.

• GAAP net loss attributable to common stockholders was $42.4 million, or $0.86 per basic common share, for Q4 2024.
• Distributable Earnings (Loss) was $(98.2) million, or $(1.98) per basic share, inclusive of write-offs of $(95.2) million.

Trinseo's fourth quarter 2024 results showed a 2% decrease in net sales compared to the prior year, primarily due to lower sales volumes across all business segments. Despite this, the company significantly improved its net loss by $147 million, largely due to a lower provision for income taxes. Adjusted EBITDA also saw an increase, although it was impacted by unfavorable net timing.

• Cash provided by operations was $85 million and capital expenditures were $21 million, resulting in Free Cash Flow of $64 million, a $67 million improvement sequentially and year-over-year.
• Net loss of $118 million included pre-tax restructuring and other charges of $28 million, primarily related to the decommissioning of the Stade, Germany polycarbonate plant, with an EPS of negative $3.33.

Veru reported a net loss of $8.9 million, or $0.06 per share, for the first quarter of fiscal 2025. The company sold its FC2 Female Condom business for $18 million and announced positive Phase 2b QUALITY study topline results for enobosarm + semaglutide.

• Reported positive Phase 2b QUALITY study topline results for enobosarm + semaglutide (Wegovy®).
• The Independent Data Monitoring Committee recommended to continue the QUALITY extension study as designed.

Vistagen reported a net loss of $14.1 million for the fiscal year 2025 third quarter, an increase from $6.4 million in the prior year. Research and development expenses significantly increased to $11.3 million, driven by advancements in its PALISADE Phase 3 Program and IND-enabling programs. The company also highlighted positive results from an exploratory Phase 2A trial of PH284 in cancer cachexia.

• Net loss for the quarter was $14.1 million, compared to $6.4 million in the same period last year.
• Research and development expense increased to $11.3 million from $4.5 million in the prior year, primarily due to clinical trial advancements.

Cineverse Corp. announced its fiscal third quarter 2025 results, reporting a total revenue of $40.7 million, a 207% increase year-over-year, and a net income of $7.2 million, a $9.9 million increase. Adjusted EBITDA reached $10.8 million, up $9.0 million from the prior year quarter, with a direct operating margin of 48%. The strong performance was largely attributed to the success of the film Terrifier 3.

• Total revenue increased by 207% to $40.7 million compared to the prior year quarter, primarily driven by the box office performance of Terrifier 3.
• Net income attributable to common stockholders was $7.2 million, a significant improvement from a net loss of $2.9 million in the prior year quarter.

Office Properties Income Trust (OPI) announced its financial results for the fourth quarter ended December 31, 2024. The company reported that approximately 58% of its revenues were from investment grade rated tenants and owned 128 properties totaling 17.8 million square feet.

• OPI's fourth quarter financial results for 2024 were announced.
• Approximately 58% of OPI's revenues were derived from investment grade rated tenants as of December 31, 2024.

Grace Therapeutics reported a net loss of $4.2 million, or $0.36 per share, for the quarter ended December 31, 2024. The company announced positive topline data from its Phase 3 STRIVE-ON safety trial and secured up to $30 million in gross proceeds from a private placement financing.

• Phase 3 STRIVE-ON safety trial met primary endpoint, demonstrating clinical benefit compared to orally administered nimodipine.
• NDA submission to the FDA is anticipated in the first half of calendar year 2025 for GTx-104.

cbdMD reported total net sales of $5.1 million for the three months ended December 31, 2024, a decrease of 4.9% year-over-year. Despite the sales decline, the company achieved a net income of $15,095 and positive Adjusted EBITDA of $214,817. This performance was attributed to optimizing product portfolio, right-sizing cost structure, and investing in marketing, with wholesale sales showing a positive impact and the launch of a new beverage line.

• Total net sales decreased by 4.9% year-over-year to $5.1 million, primarily due to a reduction in e-commerce sales.
• The company achieved a net income of $15,095 for the quarter, a significant improvement from a net loss in the prior year.

Sixth Street Specialty Lending, Inc. reported strong fourth quarter results with net investment income of $0.62 per share and net income of $0.55 per share, driven by higher interest rates and increased activity-based fee income. The company also declared a first quarter 2025 base dividend of $0.46 per share and a fourth quarter supplemental dividend of $0.07 per share.

• Net investment income per share for Q4 2024 was $0.62, reflecting the impact of higher interest rates and increased activity-based fee income.
• Net income per share for Q4 2024 was $0.55.