CytomX Therapeutics’ Post

📣 Our 2024 Q1 financial results are in. We remain on track to achieve the midpoint of our 2024 financial guidance. Read more: https://oneg.as/3UzbN9E

Revenue of $184 million. Gross profit of $95 million. Adjusted gross profit of $97 million up 4% YoY; and an Adjusted gross margin of 52% of revenue, a 570 bps improvement. SG&A of $54 million. Reduced Adjusted SG&A by 14% YoY to $53 million, or 29% of revenue. Net loss of ($51 million) which includes a one-time $61 million charge in the quarter related to the Company’s new tax position, as further described below. Adjusted EBITDA of $54 million, up 33% YoY; and Adjusted EBITDA margin of 29%, an 880 bps improvement. Operating cash flow of $17 million and Free Cash Flow of $11 million. Retained the No. 1 share position in Illinois, Pennsylvania and Massachusetts.

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Impressive ServiceNow FY23 financial results landing $8.60 billion revenue, representing 24% year‑over‑year growth and 23% in constant currency 🚀🚀 Massive business opportunities for ServiceNow regional partners 💪 UX4MATION #enterpriseservicemanagement #digitalbusinesstransformation #ai #employeeexperience #customerexperience

2023 is in the books.

2024 Half Year Financial Results Join us for the announcement of the 2024 Half Year Results

Another year, another trailblazing performance; ✅ $8.6B revenue (+26% y/y) with 26% EBIT margin, far exceeding the "rule of 40". We are soon to become the fastest-growing enterprise software company that ever hit $10B🚀 ✅ Still remains in amazing growth trajectory; $18B in accounts receivable (+24% y/y) + tackling the $220B TAM by 2025🌏 ✅ Trust from customers; 99% of 8,100 customers remained + 168 customers spent $1M+ on us (+31% y/y)🤝 Find more details in the IR presentation https://lnkd.in/gvhSAqUg

This morning, we released our Preliminary Results for the year ended 31 July 2024. Click here to read the latest update on our financial performance. https://lnkd.in/e-qkPrhd #CloseBrothers #FinancialResults #YearEndResults

Today, we release our annual report, and I am very proud to share that the Group delivered another record performance – a result that illustrates our strong positioning, agility, and resilience.    Together, we have reached or exceeded all our objectives, despite an industry slowdown and I am very pleased to see that our clients keep recognizing the value we bring as their trusted #business and #technology partner.   In 2023, the Group, including Sweden, continued to invest in building capabilities and solutions to help our clients with the transition to a digital and sustainable economy. We have also continued to progress on our #ESG objectives, with major milestones reached in 2023.    Looking into 2024, we are well-equipped to further improve our performance, while the environment is expected to remain soft in the first half.    Learn more and read all the details of today's announcement in full here: https://lnkd.in/gbbbhp-z #GetTheFutureYouWant #CapgeminiSweden

3 Key Takeaways from Capgemini's 2023 Performance: Solid performance despite a challenging industry: Capgemini achieved another record year in 2023, showcasing strong positioning, agility, and resilience even amidst a slowdown in the tech sector. Key financial metrics like revenue and profitability demonstrate healthy growth. Strategic focus on digital and sustainable solutions: The company continues to invest heavily in building capabilities and solutions that help clients navigate the digital and sustainable transformation journey. Our leadership in generative AI #genAI and focus on sustainability offerings are noteworthy examples. Positive outlook for 2024: Capgemini expects continued growth, operating margin improvement, and strong cash flow in 2024. While anticipating a challenging first half, we remain confident in our ability to deliver despite a potentially soft overall environment. #lifeatcapgemini #getthefutureyouwant Manoj KHERA Paramita Gupta