Waldencast Up 13% After Hours on Strong Q3 Results

Waldencast Up 13% After Hours on Strong Q3 Results

By Karen Roman Beauty company Waldencast plc (Nasdaq: WALD) said net revenue was $70.2 million on the third quarter, growing 30.8% compared to a year prior and causing its stock to trade 13% higher after hours. Adjusted gross profit was...

Medera Starts Gene Therapy Trial for Heart Failure

Medera Starts Gene Therapy Trial for Heart Failure

By Daniella Parra Medera Inc. and CADENCE have launched Asia’s first cardiac gene therapy trial for heart failure in Singapore, they said. The trial uses SRD-001, an adeno-associated virus-based therapy targeting heart failure with reduced ejection fraction, they said. “The...

Grove Maintains Adjusted EBITDA Fiscal Guidance

Grove Maintains Adjusted EBITDA Fiscal Guidance

By Karen Roman Grove Collaborative Holdings, Inc. (NYSE: GROV) said operating cash flow was $0.8 million during Q3, the fourth consecutive quarter with positive results. Revenue was $48.3 million compared to $61.8 million a year prior, it stated. The company...

On Net Sales Surge 32%, Upgrades FY Outlook

On Net Sales Surge 32%, Upgrades FY Outlook

By Karen Roman On Holding AG (NYSE: ONON) reported net sales rose 32.3% to CHF 635.8 million in the third quarter. Adjusted EBITDA margin grew 18.9% from 16.9% and diluted earnings per share decreased to CHF 0.09 from CHF 0.18,...

Recordati Net Revenue Climbs 12% in First 9 Months of 2024

Recordati Net Revenue Climbs 12% in First 9 Months of 2024

By Daniella Parra Recordati said its net revenue reached 1.743 billion euros for the first nine months of 2024, up 12% year-over-year. EBITDA was 665.7 million euros, up 11.8%, with a revenue margin of 38.2%, the company said. Adjusted net...

The ONE Group Q3 Revenue Soars to Record $194 million

The ONE Group Q3 Revenue Soars to Record $194 million

By Daniella Parra The ONE Group Hospitality, Inc. (Nasdaq: STKS) said total GAAP revenues increased 152.3% from a year earlier to $194 million in the third quarter. The company said comparable sales decreased 8.8% and with an operating loss of...

Potbelly Net Income Up 150% in Q3 as Perks Drive Engagement

Potbelly Net Income Up 150% in Q3 as Perks Drive Engagement

By Karen Roman Potbelly Corp. (Nasdaq: PBPB) said net income increased 150% in the third quarter and adjusted EBITDA rose 19%, surpassing analysts’ expectations. Adjusted earnings per share was $0.08, up 100% compared to the year prior, while total revenue...

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