Audited Financial Results
The audited financial results are for the seven companies within Genius Group (excluding the FatBrain AI and pending OpenExO transactions completed and to be completed in 2024) and including nine months of Entrepreneur Resorts Ltd prior to its spin off in October 2023.
AEye reported quarterly losses of $1.13 per share which beat the analyst consensus estimate of losses of $1.40 by 19.29%. The company also announced it will partner with Accelight Technologies, Inc. and LighTekton Co., Ltd. to deliver AEye's 4Sight lidar solutions to the China market.
DLocal shares are trading down Wednesday following weaker-than-expected earnings for the first quarter. The company turned in GAAP EPS of 6 cents, missing analyst estimates for EPS of 12 cents.
Cannabis multi-state operator AYR Wellness Inc. (CSE: AYR.A) (OTCQX: AYRWF) reported on Wednesday the first quarter financial results for the three months ended March 31, 2024."2024 continues to be about execution for AYR, furthering the progress we made in 2023 by focusing on improving product quality and consistency, building a loyal retail customer base, rebuilding our CPG brand platform, and continuing to prioritize cost controls," David Goubert, president & CEO of AYR, said.
Dole PLC reported a 6.6% increase in Q1 FY24 sales to $2.12 billion, matching analyst estimates. The growth was driven by strong operations and favorable currency impacts. Gross profit rose 8.7% to $194.7 million, while operating income surged over 100% to $71.5 million. Adjusted EPS of $0.43 exceeded the $0.31 estimate. The company also declared a $0.08 per share dividend.