Breaking News
Mar 6, 2023
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Intrepid Potash, Inc said revenue in the fourth quarter increased to $43.7 million from $38.8 million and net income fell to $3.98 million from $223.8 million and diluted earnings per share fell to 30 cents from $16.66 a year ago.
Potash production in the quarter increased to !06 tons from 86 tons and sales volume fell to 50 tons from 61 tons a year ago. Average potash net realized sales price per ton increased to 693 from 504 a year ago.
Revenue in the full-year 2022 rose to $337.5 million from $270.3 million and net income fell to $72.2 million from $249.8 million and diluted earnings per share fell to $5.37 from $18.66 in the previous year.
In the full-year 2022, potash production volume in tons fell to 270 from 287, sales volume in tons declined to 222 from 331 and average potash realized net sales price per ton rose to $713 from $353 a year ago.
IPI
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ThredUp Inc said revenue in the fourth quarter decreased 2% to $71.3 million and net loss attributable to stockholders was $19.5 million compared to $17.9 million and diluted loss per share increased to 19 cents from 18 cents a year ago.
The resale platform operator said active buyers decreased 2% to 1.7 million and orders fell 8% to 1.5 million from the previous quarter.
In 2022, revenue increased to $288.3 million from $251.8 million and net loss expanded to $92.3 million from $63.2 million and diluted loss per share rose to 92 cents from 82 cents a year ago.
Orders in the full-year increased 22% to 6.5 million from 5.3 million in the previous year.
TDUP
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Gaia, Inc said revenue in the fourth quarter declined 6%to $19.6 million from $20.8 million and video content publishing company swung to a net loss of $0.9 million from a profit of $2.1 million and diluted earnings per share was ($0.04) compared to 11 cents a year ago.
In 2022, revenue increased 3% to $82.0 million from $79.6 million and the company swung to a loss of $3.1 million from a profit of $3.7 million and diluted income per share fell to ($0.15) from 19 cents a year ago.
The member count as of December 31, 2022 was 759,000.
GAIA
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Altria Group Inc, the maker of Marlboro cigarettes, agreed to acquire e-cigarette company NJOY for $2.75 billion.
Altria recently sold its stake in the troubled e-cigarettes maker Juul Labs, which was once valued at $13 billion in 2018 and the company's products are still facing several investigations from the Food & Drugs Administration.
The U.S. FDA has approved six of the NJOY's vaping products for sale, one of the few companies with the regulatory approvals to sell vaping products.
MO
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Ciena Corp said revenue in the fiscal first quarter ended on January 28 increased 25.1% to $1.06 billion from $844.44 million a year ago. Revenue in the Americas increased to $765.1 million from $595.1 million a year ago.
Net income increased to $76.24 million or $0.51 per share from $45.82 million or $0.29 per share in the prior-year quarter.
The networking switches and equipment maker said two customers with 10%-plus sales combining for a total of 25.7% of total sales in the quarter.
CIEN