Tag Archives: Fourth

Digital World Acquisition (NASDAQ:DWAC), the blank-check company behind Donald Trump’s Truth Social network, dropped 7.3%, falling for the fourth day in a row as vote for an extension on its deal with Trump’s social media company nears next week.

The fall, which comes after a 6.5% drop on Friday, also follows a report from Thursday that one key vendor isn’t getting paid for service. RightForge said Truth Social stopped making contractually obligated payments for Web hosting services months ago, leading to payables of $1.6M, Fox Business reported.

DWAC shareholders are scheduled to vote next Tuesday on whether they want to extend the SPAC’s ability to do a transaction by another year to Sept. 8, 2023. The voting on the extension is scheduled to…

Revenue, Net Loss, EBITDA Improve Compared to Third Quarter 2020

MCLEAN, Va.–(BUSINESS WIRE)–KLDiscovery Inc. (“KLDiscovery” or the “Company”), a leading global provider of electronic discovery, information governance and data recovery services, announced today that revenue for the fourth quarter ended December 31, 2020 was $74.6 million versus $72.3 million in the third quarter of 2020, a 3% increase quarter-over-quarter and a decrease of 7% year-over-year compared to the fourth quarter 2019. Net loss for the fourth quarter of 2020 was $9.8 million compared to $12.7 million in the third quarter of 2020, an improvement of 23% quarter-over-quarter and an improvement of 45% compared to the fourth quarter 2019 net loss of $17.8 million.

EBITDA for the fourth quarter of…

Famous Footwear delivers strong fourth quarter earnings

Paid down $50 million of debt during the quarter, ending fiscal 2020 below pre-COVID levels

ST. LOUIS–(BUSINESS WIRE)–Caleres (NYSE: CAL) (caleres.com), diverse portfolio of consumer-driven footwear brands, today reported financial results for the fourth quarter and fiscal year ended January 30, 2021.

“I am proud of the Caleres team and the tremendous progress we have made on a wide range of strategic objectives during an unprecedented year that saw the pervasive impact of the pandemic and protracted economic lockdown,” said Diane Sullivan, Chairman and CEO. “Among the highlights, we:

• Streamlined the organization and rightsized our expense base, resulting in $100 million in ongoing annualized expense…

MINNEAPOLIS–(BUSINESS WIRE)–Qumu Corporation (Nasdaq: QUMU), a leading provider of cloud-based enterprise video technology for organizations of all sizes, today reported preliminary financial results for the fourth quarter and its full year ended December 31, 2020. The preliminary financial results for 2020 are subject to the Company’s management’s and its independent auditors’ customary audit procedures.

Fourth quarter 2020 revenue is expected to be approximately $6.9 million and full year 2020 revenue is expected to be approximately $29.1 million, representing an approximately 14.6% increase over 2019 revenue of $25.4 million and achievement of the Company’s revenue guidance of $29.0 million. For the fourth quarter 2020, subscription, maintenance and support revenue…

The Company Exceeded its Fourth Quarter and Full Year Fiscal 2020 Guidance

The Company Announces CFO Transition

SAN MATEO, Calif.–(BUSINESS WIRE)–#ModelN–Model N, Inc. (NYSE: MODN), the leading provider of cloud revenue management solutions for Life Sciences and High Tech companies, today announced preliminary results for the fourth quarter and fiscal year 2020 ended September 30, 2020 and the transition of its CFO.

“I’m pleased to share that our preliminary fourth quarter results exceeded all revenue and profitability measures in our guidance, and I look forward to discussing the details on our upcoming earnings call on November 10th,” said Jason Blessing, Model N’s Chief Executive Officer. “The Model N team continues to execute strongly. Our sales strategy…