WEXFORD, Pa., Sept. 5, 2024 /PRNewswire/ -- Coeptis Therapeutics Holdings, Inc. (Nasdaq: COEP) (the "Company" or "Coeptis"), a biopharmaceutical company developing innovative cell therapy platforms for cancer, autoimmune, and infectious diseases, today issued a shareholder letter from its Chief Executive Officer Dave Mehalick. Dear Coeptis Therapeutics Shareholders, As summer comes to a close, I am pleased to share with you the latest updates and accomplishments at Coeptis Therapeutics. For the scientific a ...

LOS ANGELES, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Dave Inc. ("Dave" or the "Company") (Nasdaq: DAVE), one of the nation's leading neobanks, today announced that the Company will participate in three upcoming investor conferences in September 2024. Benchmark 11th Annual TMT 1x1 Investor Conference is being held September 4-5 at the New York Athletic Club in New York, NY. The Company will hold 1x1 meetings throughout the day on September 5. H.C. Wainwright 26th Annual Global Investment Conference is being held S ...

DALLAS, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Dave & Buster's Entertainment, Inc., (NASDAQ:PLAY), ("Dave & Buster's" or "the Company"), an owner and operator of entertainment and dining venues, today announced that it will report financial results for its second quarter ended August 6, 2024 after the market closes on Tuesday, September 10, 2024. Management will host a conference call to report these results on Tuesday, September 10, 2024, at 4:00 p.m. Central Time (5:00 p.m. Eastern Time). A live and archived w ...

tupungato Shares of 'catertainment' concern Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) have essentially round-tripped after a 10%% five-month rally to a seven- year high in April 2024. Profit taking followed by a poor 1QFY24 financial report and tepid 2QFY24 update were the culpris, with the quarter blanned on several non- recurring events and a complex macro picture. With a multiproneed approach to achieve Adj. EBITDA of $1 billion in the coming years, discounted valuations, and robust share repurch ...

Whole Grains, Plant-Based Protein, and Killer Taste Join Forces to Satisfy Hunger and Boost Energy MILWAUKIE, Ore., Aug. 13, 2024 /PRNewswire/ -- Dave's Killer Bread®, the leading organic bread brand, announces the national launch of its latest snack innovation: Amped-Up Organic Protein Bars. These new graband-go bars combine killer taste, whole grain nutrition, and a just-baked texture with plant-based protein to help kick procrastination to the curb and power through the day. Image Courtesy of Dave's Kill ...

PaulMcKinnon/iStock Editorial via Getty Images Shares of Dave & Buster's (NASDAQ:PLAY) have been battered, falling 23% in the past year and are down over 50% from their April highs as disappointing 1Q24 results coupled with concerns about soft consumer spending and elevated financial leverage have caused investors to flee the stock. While I don't love Dave & Buster's balance sheet and there is a high likelihood of further weakness in results over the next year if consumers continue to pull back, I think sha ...

Financial Data and Key Metrics Changes - Revenue for Q2 2024 reached $80.1 million, representing a 31% year-over-year increase, marking the third consecutive quarter of accelerating revenue growth [4][12] - Adjusted EBITDA for Q2 2024 was $15.2 million, compared to an adjusted EBITDA loss of $13.1 million in the prior year period, indicating a significant improvement in profitability [19][18] - GAAP net income improved to $6.4 million from a GAAP net loss of $22.6 million in the year-ago period [18] Business Line Data and Key Metrics Changes - Monthly transacting members (MTMs) grew 18% year-over-year to a record 2.3 million members [7][12] - Extra cash originations reached $1.2 billion, growing 37% year-over-year and 13% sequentially, driven by strong demand and an improved cash AI underwriting engine [8][12] - The average revenue per user (ARPU) increased by 11% year-over-year, attributed to higher extra cash utilization and stronger engagement with the Dave Card [10][12] Market Data and Key Metrics Changes - Customer acquisition costs (CAC) decreased by 26% year-over-year to $15, reflecting improved marketing efficiency [5][16] - The 28-day delinquency rate improved to 2.03%, down 80 basis points year-over-year, indicating enhanced credit performance [8][15] Company Strategy and Development Direction - The company is focused on efficient member acquisition and deepening relationships through the Dave Card, aiming to increase direct deposit adoption [5][9] - Plans to evaluate additional potential sponsor banks to diversify key partner relationships, enhancing growth opportunities [7] - The strategic focus remains on increasing customer value, expanding the member base, and leveraging technology for operational efficiency [10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in sustaining efficient growth and maintaining positive adjusted EBITDA, despite potential fluctuations due to increased marketing investments [19][34] - The company is closely monitoring the impact of the election year on customer acquisition costs but has not observed any significant effects thus far [6] - Management remains optimistic about the regulatory environment, believing that their lower cost structure positions them favorably against traditional banks [27][40] Other Important Information - The company raised the bottom end of its full-year 2024 revenue guidance to a range between $310 million and $325 million, reflecting a growth of 20% to 25% compared to 2023 [21] - Adjusted EBITDA guidance for the full year was raised to a range between $40 million to $50 million, indicating continued profitability [21] Summary of Q&A Session Question: Insights on extra cash volume growth - Management noted strong demand dynamics and efficient customer acquisition costs, allowing for increased average advance sizes [24][25] Question: Impact of CFPB proposals on the business - Management believes they are well-positioned due to their lower cost structure and compliance with regulations, which may squeeze out less compliant players [27][28] Question: Sustainability of revenue growth and adjusted EBITDA - Management expressed confidence in maintaining 20%+ revenue growth and positive adjusted EBITDA, with some fluctuations expected due to marketing investments [33][34] Question: Relationship with Evolve and bank partnerships - Management confirmed a healthy relationship with Evolve and ongoing discussions with potential new bank partners for risk mitigation [36][37] Question: Customer acquisition cost effectiveness - Management highlighted improvements in word-of-mouth referrals and diversified marketing channels contributing to lower CAC [42]

Dave® 2Q 24 Earnings Presentation August 5, 2024 Disclaimer REGARDING FORWARD-J OOKING STATEMENTS FORWARD-LOOKING STATEMENTS This presentation of Dave Inc. ("Dave" or the "Company") includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "future," "growth," "opportunity," "well-positioned," "forecasts," "intends," "estimates," "seeks," "targe ...

The Federal Reserve appears set to begin cutting interest rates in September. In fact, the cuts may be rather aggressive, with some traders starting to bet on 50 rather than 25 basis point cuts to try to support the job market. At first glance, this might seem like good news for financial stocks. After all, the prior rapid increase in interest rates led to unfortunate side effects such as deposit flight and regional bank failures in 2023. So, reversing that could ease some tensions. But interest rate cuts a ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |--------------------------------------------------|---------------------------------| | | | | For the transition period from | to _______ | | Commission file number: | 001-401 ...