“We believe deeply and passionately that users want social media to be social again.” By Exec Edge Editorial Staff In the ever-growing and evolving landscape of social networking, where platforms rise and fall with the changing preferences of users, Yubo...

By Karen Roman Waldencast plc (Nasdaq: WALD), a multi-brand beauty and wellness company, said comparable net revenue increased 21% year over year to $68.3 million in the first quarter. Adjusted gross profit grew 32.9% reaching $52.1 million in the quarter...

By Daniella Parra Creyon Bio, Inc. said it is using AI to engineer treatments for rare and common diseases. The platform’s ability to predict and mitigate safety concerns signifies a promising advancement as they customized a treatment within a year,...

By Karen Roman Grove Collaborative Holdings, Inc. (NYSE: GROV), a sustainable consumer products company, maintained its guidance for fiscal year 2024 with net revenue levels between $215 to $225 million and an adjusted EBITDA margin of 0.0% to 1.0%. First-quarter...

By Karen Roman Swiss-based On Holding AG (NYSE: ONON) said it had record net sales exceeding CHF 500 million ($551 million) in the first quarter on demand across all product categories. On’s direct-to-consumer net sales rose 39% to CHF 190.5...

By Karen Roman FIGS, Inc. (NYSE: FIGS), a global healthcare apparel brand, said net revenue was at the upper end of expectations and exceeded the outlook in the first quarter. The company reported a 0.8% decrease year over year in...

By Daniella Parra Lisata Therapeutics, Inc. (Nasdaq: LSTA), a clinical-stage pharmaceutical company, said its net loss was $5.4 million for the three months ended March 31, compared to $6.2 million in 2023. The company said an experimental drug to improve...

By Daniella Parra Solo Brands, Inc. (NYSE: DTC) said net sales reached $85.3 million in the first quarter driven by strong performance in its wholesale channel. Wholesale revenue increased 2.5% to $34.3 million in the quarter, compared to $33.5 million,...

By Daniella Parra Potbelly Corp. (Nasdaq: PBPB), the neighborhood sandwich shop concept, said first quarter system-wide sales grew 1.9% and its digital business increased year-over-year, representing 40% of total sales. Total revenue decreased by 6% but adjusted EBITDA increased 2.2%...

By Daniella Parra a.k.a. Brands Holding Corp. (NYSE: AKA), a company that accelerates fashion brands, said U.S. net sales increased 6.2% compared to the first quarter. Adjusted EBITDA was $0.9 million in the first quarter, compared to $2.2 million and...