Latest News for: Asset restructuring

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ADTRAN Holdings, Inc. reports preliminary fourth quarter 2023 financial results

Enid News & Eagle 27 Feb 2024
(2) Includes expenses for restructuring program designed to optimize the assets and business processes following the business combination with Adtran Networks SE.
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CAVA Group Reports Fourth Quarter and Full Year Fiscal 2023 Results

The Joplin Globe 27 Feb 2024
... further adjusted to exclude equity-based compensation, other income, net, impairment and asset disposal costs, restructuring and other costs, and certain non-recurring public company costs;.
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Ducera Partners Continues to Strengthen its Restructuring Group with Appointment of Mike Genereux as a Partner

The Eagle-Tribune 26 Feb 2024
Ducera Partners (“Ducera” or the “Firm”), a leading investment bank, today announced that Mike Genereux has joined the Firm as a Partner within its restructuring group ... I am confident he will be a terrific asset to our firm and clients.”.
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Itron Announces Fourth Quarter and Full Year 2023 Financial Results

The Eagle-Tribune 26 Feb 2024
We define non-GAAP operating income as operating income (loss) excluding the expenses related to the amortization of intangible assets, restructuring, loss on sale of businesses, strategic initiative ...
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Steward launches 'action' plan to downsize, sell non-essential assets

The Eagle-Tribune 26 Feb 2024
... assets, according to documents obtained by The Eagle-Tribune ... The action plan includes information around funding and financial stability, employee retention, asset sales and restructuring.
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EverQuote Announces Fourth Quarter and Full Year 2023 Financial Results

The Eagle-Tribune 26 Feb 2024
The net loss for 2023 includes $23.6 million of restructuring and other charges, related to the sale of our health insurance vertical assets and workforce reduction.Adjusted EBITDA was $0.5 million, compared to Adjusted EBITDA of $5.9 million.
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Alibaba's Joe Tsai says his investment in the company is an important show of confidence

CNBC 26 Feb 2024
Alibaba Chairman Joe Tsai says organizational structure and non-core asset sales are key to the company's restructuring efforts as the tech giant focuses on e-commerce and cloud computing ... .
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PowerSchool Announces Fourth Quarter and Full Year 2023 Financial Results

Cadillac News 26 Feb 2024
... compensation expense and the related employer payroll tax, restructuring and acquisition-related expenses, and amortization of acquired intangible assets and capitalized product development costs.
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Elanco Animal Health Reports Fourth Quarter and Full Year 2023 Results

Longview News-Journal 26 Feb 2024
Asset impairment, restructuring, and other special charges were $36 million in the fourth quarter of 2023, compared to $32 million in the fourth quarter of 2022 ... Asset impairment, restructuring, and other special charges.
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Investment firm collapses into administration despite ‘turnaround plan’

The Business Desk 26 Feb 2024
Plans to ensure the “future success” of MBH include the divestment of poor performing assets, acquiring new profitable groups and restructuring the board of directors ... Previous Article. .
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Uzoechina Molokwu appointed as MD/CEO UBA

B & FT Online 26 Feb 2024
He also boasts a commendable track record in relationship management, business development, credit evaluation, restructuring, risk asset portfolio management, and effective people leadership. Mr ... He stated ... Mr. Awotwi emphasised Mr ... The appointment of Mr.
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Rodedawg Intl. Ind, Inc. (OTC: RWGI) Signs Exclusive Distribution Agreement with D9, LLC

The Eagle-Tribune 26 Feb 2024
RWGI) is focused on providing management services, acquisitions and restructuring resources throughout the regulated California cannabis market. We are a trusted partner and asset to licensed ...
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KLX ENERGY SERVICES HOLDINGS, INC. PROVIDES PRELIMINARY 2023 FULL YEAR AND FOURTH QUARTER RESULTS

Tyler Morning Telegraph 26 Feb 2024
We define Adjusted EBITDA as net earnings (loss) before interest, taxes, depreciation and amortization, further adjusted for (i) goodwill and/or long-lived asset impairment charges, (ii) stock-based ...
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Primoris Services Corporation Reports Fourth Quarter and Full Year 2023 Results

The Huntsville Item 26 Feb 2024
... (viii) losses on extinguishment of debt; (ix) severance and restructuring changes; (x) selected (gains) charges that are unusual or non-recurring; and (xi) impact of changes in statutory tax rates.
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FTX Completes $33 Million Sale Of European Wing Following Legal Dispute

Bitcoinist 25 Feb 2024
Bankrupt Exchange Continues Asset Auctions In View Of Debt Repayment ... The crypto exchange already presented its elaborate restructuring plan, and these fundraising efforts via asset auctions are a critical part of the debt repayment strategy.
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