Reports

ONEOK's Q4 2024 revenue grew 33.77% YoY to $7.00B, supported by strong commodity sales and services revenue. Net income rose 34.26% to $923.00M, while adjusted EBITDA increased 43.64% to $2.17B. Strategic acquisitions and operational efficiencies contributed to higher earnings.

• Revenue increased 33.77% YoY to $7.00B.
• Net income grew 34.26% YoY to $923.00M.

Public Storage reported net income of $564.4 million, with revenue reaching $1.18 billion. Core FFO per share stood at $4.21. The company expanded its portfolio with acquisitions and developments, while the overall same-store revenue showed a slight decline due to occupancy challenges.

• Net income increased to $564.4 million, up from $389.7 million in Q4 2023.
• Revenue reached $1.18 billion, with self-storage contributing $1.1 billion.

Diamondback Energy posted solid Q4 2024 results with net income of $1.1 billion and revenue of $3.71 billion. The company achieved strong operational cash flow, maintained disciplined capital expenditures, and increased its base dividend. Production levels remained robust, contributing to consistent financial performance.

• Net income reached $1.1 billion, with an adjusted EPS of $3.64 per diluted share.
• Total revenue increased to $3.71 billion, supported by strong production levels.

Realty Income's total revenue for Q4 2024 was $1.34 billion, reflecting continued growth in rental income. Net income available to common stockholders was $199.6 million, or $0.23 per share. Adjusted Funds from Operations (AFFO) increased to $1.05 per share, marking a 4.0% year-over-year growth. The company invested $1.7 billion in new properties and maintained strong portfolio occupancy at 98.7%.

• Total revenue increased to $1.34 billion, driven by rental growth.
• AFFO per share grew by 4.0% year-over-year to $1.05.

Trip.com Group saw significant year-over-year revenue growth of 23% in Q4 2024, reaching $1.7 billion. Net income improved to $300 million, while adjusted EBITDA reached $408 million. Revenue increases were driven by higher accommodation and transportation bookings, despite a seasonal quarter-over-quarter decline.

• Q4 2024 revenue was $1.7 billion, up 23% YoY.
• Net income rose to $300 million from $195 million YoY.

Zoom's fourth-quarter revenue grew 3.3% year over year to $1.184 billion, with enterprise revenue rising by 5.9%. GAAP net income increased to $367.9 million, while non-GAAP net income reached $446.9 million. Operating cash flow rose 20.9% to $424.6 million. The company continues to expand its AI capabilities and customer base.

• Total revenue increased by 3.3% year over year, driven by enterprise growth.
• GAAP net income rose to $367.9 million, reflecting stronger profitability.

SBA Communications Corporation reported strong Q4 2024 results, with net income of $178.8 million and revenue of $693.7 million. Site leasing remained the primary revenue driver, with international leasing contributing significantly. The company also reduced its debt leverage ratio to a historic low and announced a 13% increase in its quarterly dividend.

• Net income increased to $178.8 million, up 63.3% YoY.
• Total revenue grew to $693.7 million, a 2.8% YoY increase.

Coterra Energy delivered solid financial results in Q4 2024, with total revenue reaching $1.4 billion. The company reported net income of $297 million and an adjusted EPS of $0.49. Production exceeded the high-end of guidance, with total equivalent daily production at 682 MBoepd, driven by strong well performance and operational efficiencies. The company also announced a 5% increase in its dividend and completed Permian Basin acquisitions worth $3.2 billion, strengthening its asset portfolio for future growth.

• Total revenue reached $1.4 billion, with net income of $297 million.
• Average daily production exceeded guidance, reaching 682 MBoepd.

Summit Therapeutics reported a net loss of $61.2 million for Q4 2024. Operating expenses increased due to higher research and development costs. The company continued clinical advancements, particularly with ivonescimab, including partnerships and ongoing Phase III trials.

• Net loss for Q4 2024 was $61.2 million, compared to $36.6 million in Q4 2023.
• Operating expenses for Q4 2024 totaled $65.8 million, driven by research and development investments.

Owens Corning reported Q4 2024 revenue of $2.84 billion, a 23% increase from the prior year. The company posted a net loss of $258 million, primarily due to impairment and restructuring charges. Adjusted EBIT rose 10% to $430 million, with adjusted EPS at $3.22. The newly acquired Doors business contributed $564 million in revenue. Free cash flow for the quarter was $479 million.

• Revenue increased by 23% YoY to $2.84 billion, driven by strong performance across core segments.
• Reported a net loss of $258 million due to impairment charges and restructuring expenses.

Westlake Corporation reported Q4 2024 revenue of $2.84 billion and net income of $7 million, with an EPS of $0.06. EBITDA for the quarter was $416 million, reflecting a 7% increase from the prior year. The Housing and Infrastructure Products segment saw a 4% revenue increase, while the Performance and Essential Materials segment experienced a slight decline due to lower selling prices.

• Q4 2024 revenue increased 1% YoY to $2.84 billion.
• Net income was $7 million, down from $108 million in Q3 2024.

Domino's Pizza delivered a strong performance in Q4 2024, with total revenue rising by 2.9% year-over-year to $1.44 billion. The company saw a 4.4% increase in global retail sales, with U.S. same-store sales up 0.4% and international same-store sales growing 2.7%. Net income rose by 7.7% to $169.4 million, while diluted EPS increased to $4.89. Free cash flow reached $512 million, reflecting healthy cash generation.

• Total revenue grew by 2.9% year-over-year, reaching $1.44 billion.
• Global retail sales growth (excluding foreign exchange impact) was 4.4%.

BWX Technologies, Inc. delivered a solid Q4 2024 performance with revenue of $746.3 million, a GAAP EPS of $0.77, and a non-GAAP EPS of $0.92. The company posted a net income of $71.1 million and an operating income of $92.3 million. Strong commercial operations growth offset slight declines in government operations. Free cash flow increased significantly by 31% year-over-year.

• Q4 2024 revenue increased to $746.3 million, up 3% year-over-year.
• GAAP EPS rose to $0.77, while non-GAAP EPS declined to $0.92.

Tempus AI Inc saw a 35.8% year-over-year revenue growth in Q4 2024, reaching $200.7 million. The company reported a net loss of $13.0 million, significantly improving from the prior year's loss. Adjusted EBITDA also improved, and gross profit increased by 49.7%, driven by the growth in Data and Services. The company also announced its acquisition of Ambry Genetics, which is expected to strengthen its market position.

• Q4 2024 revenue increased 35.8% YoY to $200.7 million.
• Genomics revenue reached $120.4 million, while Data and Services generated $80.2 million.

Trex reported Q4 2024 net sales of $168 million, down 14.4% year-over-year due to a $45 million reduction in channel inventory. Gross margin declined to 32.7%, and net income dropped to $10 million. EPS came in at $0.09, while EBITDA fell to $29 million. The company expects 5-7% revenue growth in 2025 and an adjusted EBITDA margin exceeding 31%.

• Q4 revenue declined 14.4% to $168 million due to inventory reductions.
• Net income fell to $10 million from $22 million in the prior year.

KBR delivered Q4 2024 revenues of $2.12 billion, marking a 23% increase year-over-year. Net income rose significantly to $76 million, and adjusted EPS increased to $0.91. Adjusted EBITDA reached $228 million with a 10.7% margin. The company secured $2.0 billion in bookings, maintaining a 1.0x book-to-bill ratio. Looking ahead, KBR projects continued revenue growth and operational efficiency improvements in 2025.

• Q4 revenue increased 23% to $2.12 billion, driven by government and technology solutions.
• Net income surged to $76 million from $21 million in the prior year.

JBT reported Q4 2024 revenue of $467.6 million, reflecting year-over-year growth. However, the company posted a net loss of $7 million due to M&A-related costs and pension settlement expenses. Adjusted EBITDA improved by 14% to $92.1 million, and adjusted EPS reached $1.70. Record orders of $523.1 million were achieved, highlighting strong demand.

• Q4 revenue increased to $467.6 million from $444.6 million in Q4 2023.
• Net loss of $7 million due to M&A and pension-related costs.

Hims & Hers Health, Inc. delivered strong Q4 2024 results with a 95% year-over-year revenue growth to $481.1 million. The company also reported a net income of $26.0 million, significantly higher than the prior year’s $1.2 million. Adjusted EBITDA reached $54.1 million, up from $20.6 million in Q4 2023, and free cash flow rose to $59.5 million from $10.8 million a year ago.

• Revenue grew 95% year-over-year to $481.1 million in Q4 2024.
• Net income surged to $26.0 million from $1.2 million in Q4 2023.

Cleveland-Cliffs posted Q4 2024 revenue of $4.33 billion, a decline from the prior year. The company reported a net loss of $434 million and an adjusted net loss of $332 million due to lower steel prices and weak demand. Adjusted EBITDA turned negative at -$81 million, compared to $279 million in Q4 2023. The company anticipates a rebound in 2025, driven by improving demand and cost reductions.

• Q4 revenue declined to $4.33 billion from $5.11 billion in Q4 2023.
• Net loss widened to $434 million, reflecting weaker steel demand.

Civitas posted Q4 2024 revenue of $1.29 billion, reflecting strong commodity price realizations and increased production. Net income reached $151 million, while adjusted net income was $171 million. Free cash flow stood at $519 million, supporting debt reduction and shareholder returns. Sales volumes increased to 352 MBoe/d, with oil volumes at 164 MBbl/d. The company expects continued operational efficiencies and strategic investments to drive growth in 2025.

• Q4 revenue increased to $1.29 billion, supported by strong production and price realizations.
• Net income reached $151 million, with adjusted net income at $171 million.

Viper Energy achieved solid financial performance in Q4 2024, with net income attributable to Viper reaching $210.1 million and operating income of $228.7 million. The company reported an average daily oil production of 29,859 bo/d and an average daily combined production of 56,109 boe/d. Cash and cash equivalents stood at $26.9 million. The company continued its expansion with acquisitions, including a $211 million purchase of mineral and royalty interests. Viper also declared dividends totaling $0.65 per share for the quarter.

• Net income attributable to Viper reached $210.1 million, boosted by a $155.9 million tax benefit.
• Average daily oil production stood at 29,859 bo/d, with total combined production at 56,109 boe/d.

Archrock delivered a record-setting fourth quarter and full year 2024, marked by significant increases in revenue, net income, and Adjusted EBITDA. The company also completed a transformative acquisition, strengthened its balance sheet, and increased its quarterly dividend.

• Fourth quarter 2024 revenue increased by 25.7% to $326.4 million compared to the same period in 2023.
• Net income for Q4 2024 grew by 81.2% to $59.8 million, with EPS reaching $0.34.

Riot Platforms delivered robust financial results in Q4 2024, driven by increased Bitcoin mining revenue and a strong balance sheet. Despite lower Bitcoin production due to increased network difficulty, the company benefited from higher Bitcoin prices and an improved cost structure. Riot maintained industry-leading financial stability, ending the year with significant cash reserves and Bitcoin holdings.

• Total revenue reached $376.7 million, a significant increase from the prior year.
• Bitcoin mining revenue grew to $321.0 million, driven by higher Bitcoin prices and increased hash rate.

Apple Hospitality REIT reported solid financial results for Q4 2024, with revenue reaching $333 million and net income increasing 43.6% year-over-year to $29.8 million. RevPAR rose 4.3% to $108.75, while occupancy improved to 71.4%. The company continued its disciplined approach to capital allocation, acquiring two hotels for $196.3 million and selling six non-core properties. Looking ahead, Apple Hospitality expects steady growth in 2025, supported by strong business travel demand and moderate supply growth.

• Q4 revenue reached $333 million, up 6.6% year-over-year.
• Net income increased 43.6% to $29.8 million, with EPS at $0.12.

Primoris Services Corporation delivered strong financial results in Q4 2024, with revenue increasing 14.9% year-over-year to $1.74 billion. Net income rose 43.3% to $54.0 million, driven by higher operating income and lower interest expense. Adjusted net income reached $61.8 million, with an adjusted EPS of $1.13. The company also recorded its highest-ever backlog of $11.9 billion, setting the stage for future growth. Looking ahead, Primoris expects continued strong performance in 2025, supported by favorable market trends in infrastructure investment.

• Q4 revenue increased 14.9% year-over-year to $1.74 billion, driven by growth in Energy and Utilities.
• Net income rose 43.3% to $54.0 million, with EPS at $0.99.

Veracyte delivered strong financial results in Q4 2024, with total revenue increasing by 21% year-over-year to $118.6 million. The company's net income reached $5.1 million, compared to a net loss in the prior year. Adjusted EBITDA rose to $26.1 million, representing 22% of revenue. The testing business continued to drive growth, with a 24% increase in testing revenue and a 25% rise in testing volume. Looking ahead, Veracyte expects continued momentum in 2025, particularly in its Decipher and Afirma product lines.

• Q4 revenue grew 21% year-over-year to $118.6 million.
• Testing revenue increased 24% to $112.2 million, with a 25% rise in volume.

Black Stone Minerals reported total revenue of $83.7 million in Q4 2024, a decline of 56.1% year-over-year. Net income for the quarter was $46.3 million, down from $147.6 million in Q4 2023. The company saw total production of 36.1 MBoe/d, with 74% being natural gas. Average realized prices declined year-over-year, contributing to lower revenue. Despite these challenges, Black Stone maintained a stable dividend and continues to focus on mineral acquisitions and strategic partnerships to drive long-term growth.

• Q4 revenue declined 56.1% year-over-year to $83.7 million.
• Total production averaged 36.1 MBoe/d, with 74% natural gas.

Clearway Energy, Inc. exceeded its full year 2024 guidance with strong performance across all operating technologies. The company reported a net loss of $63 million and adjusted EBITDA of $1,146 million for the full year, and increased its quarterly dividend.

• Committed to approximately $450 million in new long-term corporate capital investments for 2024.
• Signed agreements to invest in 320 MW storage hybridization and 335 MW wind repowering projects.

Quaker Houghton's Q4 2024 performance saw a 5% decrease in net sales to $444.1 million and a decline in net income to $14.2 million. Despite a challenging macro environment, the company improved profitability and generated strong cash flow for the full year, driven by new business wins, particularly in Asia/Pacific.

• Net sales for Q4 2024 decreased by 5% to $444.1 million, primarily due to lower selling prices and product mix, unfavorable foreign currency translation, and a decline in organic sales volumes.
• Net income attributable to Quaker Chemical Corporation for Q4 2024 was $14.2 million, or $0.81 per diluted share, down from $20.2 million, or $1.12 per diluted share, in Q4 2023.

Goosehead Insurance, Inc. reported a strong fourth quarter for 2024, with total revenues increasing by 49% to $93.9 million and net income reaching $23.8 million, a substantial improvement from the prior year. Adjusted EBITDA also saw a significant rise of 164% to $37.4 million.

• Total Revenues grew 49% over the prior-year period to $93.9 million in the fourth quarter of 2024.
• Fourth quarter net income of $23.8 million improved from net income of $5.4 million a year ago, with EPS of $0.60 per share.

Addus HomeCare announced a strong finish to 2024, with fourth-quarter net service revenues growing 7.5% to $297.1 million and adjusted EBITDA increasing 10.3% year-over-year to $37.8 million. The company also completed the acquisition of Gentiva's personal care operations, significantly expanding its market presence.

• Net service revenues increased 7.5% year-over-year to $297.1 million in Q4 2024.
• Adjusted EBITDA grew 10.3% to $37.8 million in Q4 2024.

V2X achieved record revenue of $1.16 billion in Q4 2024, an 11% increase year-over-year, with strong growth in the Indo-Pacific region. The company reported record net income of $25.0 million and adjusted diluted EPS of $1.33, up 9% year-over-year. V2X also demonstrated strong cash flow from operations and reduced net debt, achieving a net leverage ratio of 2.6x.

• Record revenue of $1.16 billion, up 11% year-over-year, was achieved in the fourth quarter.
• Indo-Pacific revenue grew by 27% year-over-year due to increased demand.

BioCryst Pharmaceuticals posted total revenue of $131.5 million in Q4 2024, a 40.8% increase year-over-year. ORLADEYO sales grew 36.6% to $124.2 million. The company's GAAP net loss improved to $26.8 million from $61.7 million in the prior year quarter. Non-GAAP operating profit reached $16.8 million, compared to a loss of $26.2 million in Q4 2023.

• Total revenue rose 40.8% year-over-year to $131.5 million.
• ORLADEYO net revenue grew 36.6% to $124.2 million.

Kosmos Energy posted a net loss of $7 million in Q4 2024, or $0.01 per share, with an adjusted net loss of $16 million ($0.03 per share). Revenue for the quarter stood at $398 million, driven by oil and gas sales. The company achieved first gas production at the GTA LNG project and secured future drilling projects. Free cash flow was $14 million, while net debt stood at $2.7 billion.

• Q4 2024 revenue was $398 million, with an average sales price of $65.80 per BOE.
• Reported a net loss of $7 million and an adjusted net loss of $16 million.

LTC Properties, a real estate investment trust, reported a strong fourth quarter in 2024, with total revenues increasing to $52.58 million from $50.19 million in the prior year. Net income available to common stockholders decreased to $17.91 million from $28.06 million, while diluted earnings per common share were $0.39, down from $0.67. The company made significant progress on its RIDEA strategy, with initial transactions expected in the second quarter of 2025.

• Total revenues increased to $52.58 million in Q4 2024 from $50.19 million in Q4 2023.
• Net income available to common stockholders was $17.91 million in Q4 2024, down from $28.06 million in Q4 2023.

Fresh Del Monte Produce Inc. saw a modest increase in net sales for Q4 2024, reaching $1.01 billion. The company's operating income rebounded significantly from a loss in the previous year, driven by improved margins in fresh and value-added products. Net income was $20.4 million, while adjusted net income stood at $12.3 million.

• Net sales increased slightly to $1.01 billion, up from $1.008 billion in Q4 2023.
• Operating income rose sharply to $30.3 million from a loss of $113.4 million last year.

Ultra Clean Holdings reported a strong fourth quarter and full year 2024, with total revenue growing 21% over the prior year. The company's cash flow generation enabled strategic investments to drive long-term growth, and they now have the global manufacturing capacity to support a $4 billion revenue run rate.

• Total revenue was $563.3 million.
• Net income was $16.3 million, or $0.36 per diluted share.

Veris Residential, Inc. reported a net loss per diluted share of $(0.13) for Q4 2024, an improvement from $(0.06) in Q4 2023. Core FFO per diluted share was $0.11. The company achieved a Normalized Same Store NOI growth of 7.3% for the fourth quarter and 7.9% for the full year, alongside significant debt refinancing and non-strategic asset sales.

• Net loss per share for 2024 was ($0.25), an increase of around $1 compared to full year 2023.
• Grew 2024 Core FFO per share by 13% year over year, surpassing original guidance.

Topgolf Callaway Brands Corp. experienced a mixed Q4 2024, with net revenue growing 3.0% to $924.4 million, driven by strong performance in Golf Equipment. However, the company reported a substantial GAAP net loss of $1,512.7 million due to a $1,452.0 million non-cash impairment charge related to Topgolf's goodwill and intangible assets. Despite this, Adjusted EBITDA saw a significant 45% increase to $101.4 million, outperforming guidance.

• Q4 consolidated Net Revenue grew 3% and Adjusted EBITDA grew 45%, both outperforming guidance.
• Total Company operating cash flow increased 5% to $382 million, and Adjusted Free Cash Flow increased 27% to $203 million.

Helios Technologies delivered strong financial results in Q4 2024, marked by record cash generation and expanded margins, despite a 7% decline in net sales. The company significantly reduced its total debt and improved its net debt to adjusted EBITDA leverage ratio.

• Generated $35.7 million in cash from operations in Q4 2024, a 6% increase over the prior year period.
• Reduced total debt by $33.9 million in Q4 2024, marking the sixth consecutive quarter of debt reduction.

Artivion reported a 4% increase in revenue on a GAAP basis for Q4 2024, reaching $97.3 million, and a 10% increase for the full year 2024, reaching $388.5 million. The company achieved positive free cash flow and significant growth in adjusted EBITDA, while also making strides in clinical and regulatory initiatives, including receiving Humanitarian Device Exemption for AMDS.

• Fourth quarter 2024 revenue increased by 4% on a GAAP basis to $97.3 million compared to $93.7 million in Q4 2023.
• Full year 2024 revenue increased by 10% on a GAAP basis to $388.5 million compared to $354.0 million in 2023.

Helix Energy Solutions Group, Inc. reported a net income of $20.1 million for Q4 2024, a significant improvement from a net loss in Q4 2023. Revenues increased to $355.1 million, driven by strong performance in Well Intervention and Robotics segments, despite a pullback in Shallow Water Abandonment.

• Net income for Q4 2024 was $20.1 million, a substantial increase from a net loss of $28.3 million in Q4 2023.
• Total revenues for Q4 2024 reached $355.1 million, up from $335.2 million in Q4 2023.

Aimco delivered strong operational results in 2024, with its Stabilized Operating portfolio generating $25.9 million in NOI for Q4, up 4.5% year-over-year, and $99.0 million for the full year. The company also made significant progress in development completions and strategic dispositions, including the sale of The Hamilton and a partial interest in 3333 Biscayne Boulevard for a combined $204 million, and entered into an agreement to sell the Brickell Assemblage for $520 million.

• Net loss attributable to common stockholders per share was $(0.08) for Q4 2024 and $(0.75) for FY 2024.
• Stabilized Operating Properties NOI increased 4.5% year-over-year to $25.9 million in Q4 2024 and $99.0 million for FY 2024.

Cannae Holdings, Inc. reported a net loss of $46.1 million for the fourth quarter of 2024, an improvement from a $58.4 million net loss in the same period last year. Total operating revenue decreased to $109.9 million from $119.3 million in Q4 2023. The company's EPS was -$0.74.

• Cannae Holdings reported a net loss attributable to common shareholders of $46.1 million in Q4 2024, an improvement from a $58.4 million loss in Q4 2023.
• Total operating revenue for Q4 2024 was $109.9 million, down from $119.3 million in the prior year's fourth quarter.

NETSTREIT delivered solid 2024 results, including a Company record $195.1 million of investments at a 7.4% cash yield in the fourth quarter. The company also accretively recycled capital with record dispositions of $59.3 million in the fourth quarter and made significant progress towards portfolio diversification goals. They are adopting a measured approach to capital deployment in 2025, focusing on quality net lease investments.

• Net loss per diluted share for Q4 2024 was $(0.07), a significant decrease from $0.03 in Q4 2023.
• Adjusted Funds from Operations (AFFO) per diluted share for Q4 2024 was $0.32, a 3.2% increase from $0.31 in Q4 2023.

Myriad Genetics reported a 7% year-over-year increase in Q4 2024 revenue, driven by growth in Pharmacogenomics and Prenatal testing. The company's GAAP gross margin improved, and while a GAAP net loss was reported, adjusted EBITDA remained positive. They also reiterated their 2025 financial guidance and entered into a strategic collaboration with PATHOMIQ.

• Fourth quarter revenue grew 7% year-over-year to $211 million, driven by Pharmacogenomics (14%) and Prenatal (12%) testing.
• GAAP gross margin increased 300 basis points year-over-year to 71.7% due to improving revenue per test and greater laboratory efficiencies.

HealthStream announced solid financial results for the fourth quarter of 2024, with revenues increasing by 5.2% to $74.2 million and net income rising by 6.5% to $4.9 million. The company also completed two acquisitions and saw its Learning Center and CredentialStream applications recognized as top software products in healthcare.

• Revenues for Q4 2024 increased by 5.2% to $74.2 million, up from $70.6 million in Q4 2023.
• Operating income for Q4 2024 grew by 10.2% to $4.7 million, compared to $4.3 million in Q4 2023.

Hovnanian Enterprises reported a 13.4% increase in total revenues to $673.6 million and a 22.4% increase in income before income taxes to $39.9 million for the first quarter of fiscal 2025. The company experienced growth in consolidated contracts and an increase in total consolidated lots controlled.

• Total revenues increased by 13.4% to $673.6 million.
• Income before income taxes increased by 22.4% year-over-year to $39.9 million.

ProAssurance Corporation reported net income of $16.2 million and operating income of $18.3 million for the fourth quarter of 2024. The Specialty P&C segment showed progress towards sustained profitability with a combined ratio of 100.9%. Net investment income increased by 9%, benefiting from the current interest rate environment.

• Specialty P&C segment's combined ratio improved to 100.9%, indicating progress towards sustained profitability.
• Net investment income increased by 9%, driven by the current interest rate environment and portfolio maturity.

Summit Hotel Properties experienced a mixed fourth quarter in 2024, with total revenues decreasing to $172.9 million from $177.4 million in the prior year. However, the company significantly improved its net income, reporting $0.7 million compared to a net loss of $16.6 million in Q4 2023. Adjusted EBITDAre saw a decline, while pro forma RevPAR showed modest growth.

• Net income attributable to common stockholders increased to $0.7 million in Q4 2024, up from a net loss of $16.6 million in Q4 2023.
• Total revenues decreased to $172.9 million in Q4 2024 from $177.4 million in Q4 2023.

EverQuote, Inc. announced robust financial results for the fourth quarter and full year ended December 31, 2024, exceeding guidance across all primary financial metrics. The company achieved record-level revenue and net income for the quarter, driven by strong growth in the automotive insurance vertical.

• Total revenue for Q4 2024 increased by 165% year-over-year to $147.5 million.
• Net income for Q4 2024 was $12.3 million, a significant improvement from a net loss of ($6.3) million in Q4 2023.

Clean Energy Fuels Corp. reported Q4 2024 revenue of $109.3 million, a slight increase from $106.9 million in Q4 2023. The company experienced a net loss of $(30.2) million, or $(0.13) per share, compared to a net loss of $(18.7) million, or $(0.08) per share, in Q4 2023. RNG gallons sold increased by 8.8% to 62.0 million gallons.

• Q4 2024 revenue was $109.3 million, up from $106.9 million in Q4 2023.
• RNG gallons sold increased 8.8% to 62.0 million gallons in Q4 2024.

Clear Channel Outdoor Holdings reported a 2.6% increase in consolidated revenue for Q4 2024, driven by a 4.1% increase in America segment revenue, which reached a record $310.7 million. The company is focusing on its higher-margin U.S. markets through strategic sales of its Europe-North segment and businesses in Mexico, Chile, and Peru.

• Consolidated revenue increased by 2.6% to $426.7 million due to strength in the America segment.
• America segment revenue reached a record $310.7 million, up 4.1%, driven by digital and local sales.

SI-BONE, Inc. delivered a strong performance in Q4 2024, with worldwide revenue reaching $49.0 million, a 26% increase year-over-year, and achieving positive adjusted EBITDA of $1.9 million, marking a significant improvement from the previous year.

• Worldwide revenue grew by approximately 26% to $49.0 million in Q4 2024.
• U.S. revenue increased by approximately 28% to $46.9 million in Q4 2024.

MediaAlpha reported a strong fourth quarter and full year 2024, exceeding guidance with significant growth in revenue and transaction value, particularly in the Property & Casualty insurance vertical. The company achieved record Adjusted EBITDA and a substantial improvement in net income.

• Fourth quarter revenue increased by 157% year over year to $300.6 million.
• Transaction Value grew by 202% year over year to $499.2 million, driven by a 639% increase in Property & Casualty.

Douglas Dynamics reported improved fourth quarter and full year 2024 results, driven by strong performance in the Work Truck Solutions segment and improved margins in the Work Truck Attachments segment. The company's 2024 Cost Savings Program exceeded expectations, delivering over $10 million in savings.

• Consolidated results improved across all metrics compared to the prior year, driven by the Solutions segment's growth and increased profitability in the Attachments segment.
• Work Truck Solutions delivered impressive top and bottom-line growth through execution and improved business conditions.

FARO Technologies, Inc. announced its fourth quarter and full year 2024 financial results, with Q4 revenue at $93.5 million, meeting the upper end of guidance. The company reported a net loss of $1.0 million, or $(0.05) per share, but a non-GAAP EPS of $0.50, at the high end of guidance. Significant improvement in cash flow resulted in positive Q4 and FY2024 cash flow from operations, with adjusted EBITDA margin reaching 17.9%.

• Q4 revenue reached $93.5 million, aligning with the upper end of the company's guidance range.
• Non-GAAP EPS for Q4 was $0.50, hitting the high end of the guidance range, despite a GAAP net loss of $1.0 million.

Navitas Semiconductor experienced a decline in revenue in Q4 2024, falling to $18.0 million from $26.1 million in Q4 2023. The company's GAAP operating loss widened to $39.0 million, compared to $26.8 million in the same period last year. Despite these financial setbacks, Navitas achieved record GaN revenues from mobile, consumer, and appliance sectors and secured an extraordinary $450 million in customer design-wins, particularly in data center and EV markets.

• Total revenue for Q4 2024 was $18.0 million, a decrease from $26.1 million in Q4 2023.
• GAAP loss from operations for Q4 2024 was $39.0 million, a significant increase from $26.8 million in Q4 2023.

Havertys experienced a decline in financial performance in Q4 2024, with diluted EPS falling to $0.49 from $0.90 and consolidated sales decreasing by 12.5% to $184.4 million. Despite the downturn, the company maintained discipline in operations, opened five new stores, and returned $25.5 million in capital to shareholders.

• Diluted earnings per common share decreased to $0.49 in Q4 2024 from $0.90 in Q4 2023.
• Consolidated sales for Q4 2024 were $184.4 million, a 12.5% decrease from $210.7 million in Q4 2023.

Agora, Inc. achieved GAAP profitability in the fourth quarter of 2024, driven by revenue growth from new use cases and disciplined cost management. Total revenues for the quarter were $34.5 million, a decrease of 4.4% year-over-year, with net income of $0.2 million compared to a net loss of $2.6 million in the prior year.

• Total revenues for Q4 2024 were $34.5 million, a 4.4% decrease from Q4 2023.
• Net income for Q4 2024 was $0.2 million, a significant improvement from a net loss of $2.6 million in Q4 2023.

Bridge Investment Group Holdings Inc. reported a net income of $15.4 million for the fourth quarter of 2024, with total revenues of $103.4 million. The company experienced a loss per share of $(0.15) for Class A common stock in Q4 2024.

• Net Income (Loss) was $15.4 million for the quarter ended December 31, 2024.
• Total revenues for the quarter ended December 31, 2024, were $103.4 million.

Beyond, Inc. reported a net loss of $81 million for Q4 2024, a significant improvement from the $160.993 million net loss in Q4 2023. Total net revenue decreased by 21.1% year-over-year to $303.151 million. The company highlighted a 50% improvement in Net Loss and 43% improvement in Adjusted EBITDA year-over-year, driven by exceeding gross margin expansion and fixed cost reduction goals.

• Net loss improved by 50% year-over-year, reaching $81 million in Q4 2024 compared to $160.993 million in Q4 2023.
• Adjusted EBITDA improved by 43% year-over-year, with a loss of $28 million in Q4 2024.

Gran Tierra Energy Inc. reported a net income of $34.2 million for Q4 2024, a significant increase compared to the previous quarter. The company achieved record quarterly production of 41,009 BOEPD and demonstrated financial strength with adjusted EBITDA of $76.2 million and funds flow from operations of $44.1 million.

• Achieved record fourth-quarter production of 41,009 BOEPD.
• Realized net income of $34.2 million, a substantial increase from the prior quarter.

DMC Global Inc. reported fourth quarter 2024 sales of $152.4 million, flat sequentially and down 12% year-over-year. Net income attributable to DMC was $0.3 million, with adjusted EBITDA attributable to DMC reaching $10.4 million, surpassing guidance. The company saw strong shipments in NobelClad, while Arcadia experienced weak demand in the luxury home market and DynaEnergetics faced a seasonal slowdown in North American well completions.

• Fourth quarter sales were $152.4 million, flat sequentially and down 12% versus Q4 2023.
• Net income attributable to DMC was $0.3 million, while total net loss was $1.2 million.

Chegg reported a challenging fourth quarter in 2024, with total net revenues decreasing by 24% year-over-year to $143.5 million and a net loss of $6.1 million. Despite these declines, the company surpassed its Q4 guidance for both revenue and adjusted EBITDA, which stood at $36.6 million.

• Total Net Revenues decreased by 24% year-over-year to $143.5 million.
• Subscription Services Revenues decreased by 23% year-over-year to $128.5 million.

Offerpad reported a net loss of $17.3 million for Q4 2024, with revenue at $174.3 million. For the full year 2024, the net loss improved by 47% to $62.2 million, and total operating expenses decreased by 32% to $118.2 million. Renovate closed projects grew by 49% year-over-year, surpassing $18 million in revenue.

• Q4 2024 revenue was $174.3 million, exceeding the midpoint of guidance.
• Full year 2024 net loss improved by 47% or $55 million compared to the prior year.