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Diversey Reports First Quarter 2021 Results


Diversey Reports First Quarter 2021 Results
FIRST QUARTER HIGHLIGHTS
Q1 top line grew 2% vs 2019 pre-COVID-19 baseline and -3.6% vs 2020 despite more restrictive COVID-19 lockdowns than expected
Net loss of $95.7 million in Q1 driven by significant IPO related costs
Adjusted net income of $27.2 million versus $22.5 million in Q1 2020, representing 20.9% growth
Adjusted EBITDA of $92.7 million represents a 60 basis point adjusted EBITDA margin improvement versus Q1 2020 and a 630 basis point improvement versus Q1 2019.
Unaudited
(millions)
 
(1) See the “Non-GAAP Financial Information and Segment Adjusted EBITDA” section herein for explanations of these financial measures.
FORT MILL, S.C., May 14, 2021 (GLOBE NEWSWIRE) In its first public earnings release since becoming a publicly traded company, Diversey Holdings, Ltd. (“Diversey”) announced that its 2021 first quarter results were in-line with its expectations despite heavy lockd ....

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International Game Technology PLC Reports First Quarter 2021 Results


International Game Technology PLC Reports First Quarter 2021 Results
- 25% revenue growth to $1,015 million on outstanding Global Lottery performance; continued recovery in Global Gaming including acceleration in Digital & Betting activities
- Income from continuing operations of $138 million; Adjusted EBITDA of $450 million, among the highest levels in Company history, driven by revenue momentum and structural cost savings
- Achieved cash from operations of $251 million; free cash flow of $204 million driven by strong results and invested capital discipline
- Completed sale of Italy B2C gaming businesses; net proceeds to partially fund full redemption, by make-whole call, of 4.75% Senior Secured Euro Notes due February 2023 ....

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IT Tech Packaging, Inc. Announces First Quarter 2021 Unaudited Financial Results


  pp represents percentage points
Revenue increased by 176.9% to $24.21 million, primarily attributable to increase in sales volume of CMP and offset printing paper, as well as the increase in Average Selling Prices ( ASPs ) of CMP and tissue paper products.
Gross profit was $1.83 million, compared to gross loss of $0.17 million for the same period of last year. Gross margin was 7.5%, compared to gross loss margin of 1.9% for the same period of last year.
Loss from operations was $0.72 million, compared to the loss from operations of $2.87 million for the same period of last year.
Net loss was $4.34 million, or loss per share of $0.12, compared to net loss of $2.44 million, or loss per share of $0.11, for the same period of last year. ....

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Townsquare Reports Strong Start To 2021 With Digital Revenue, Growing +13% Year Over Year (+32% vs. 2019) And Adjusted EBITDA Growing +30% Year Over Year (+7% vs. 2019)


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PURCHASE, N.Y., May 10, 2021 /PRNewswire/ Townsquare Media, Inc. (NYSE: TSQ) ( Townsquare , the Company, we, us, or our ) announced today financial results for the first quarter ended March 31, 2021.
We are extremely proud to report that Townsquare s first quarter 2021 results approached, and in some cases exceeded, levels achieved in the pre-COVID first quarter of 2019, which surpassed our expectations and previously stated guidance.  In the first quarter of 2021, net revenue declined -5% year over year, and -1.6% excluding political and Live Events net revenue.  When excluding Live Events net revenue, first quarter net revenue increased +0.3% as compared to the first quarter of 2019. Total digital revenue growth accelerated to +13% year over year (+32% vs. Q1 2019), contributing nearly 49% of Townsquare s total first quarter net revenue.  Our digital revenue growth was fueled by Townsquare Interactive (TSI), our dig ....

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