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Earnings Call Summary | 180 Degree Capital Corp(TURN.US) Q1 2024 Earnings Conference

Earnings Call Summary | 180 Degree Capital Corp(TURN.US) Q1 2024 Earnings Conference

财报电话会议摘要 | 180 度资本公司 (TURN.US) 2024 年第一季度财报发布会
moomoo AI ·  05/14 17:16  · 电话会议

The following is a summary of the 180 Degree Capital Corp. (TURN) Q1 2024 Earnings Call Transcript:

以下是180度资本公司(TURN)2024年第一季度财报电话会议记录的摘要:

Financial Performance:

财务业绩:

  • 180 Degree Capital Corp reported a 3% increase in their NAV.

  • Cash and public securities rose by 5.4% in the quarter.

  • Significant value increases included stocks for Potbelly, Synchronoss, Quantum and D-Wave, despite losses in Lantronix and Arena Group.

  • From the acquisition of TARA, the firm received a $1.3 million payment.

  • 180 Degree Capital Corp报告称,其资产净值增长了3%。

  • 现金和公共证券在本季度上涨了5.4%。

  • 尽管Lantronix和Arena集团出现亏损,但价值大幅上涨仍包括Potbelly、Synchronoss、Quantum和D-Wave的股票。

  • 通过收购TARA,该公司获得了130万美元的付款。

Business Progress:

业务进展:

  • Potbelly and Synchronoss showcased their strong results, with Synchronoss selling its digital assets to become fully cloud-based.

  • Quantum introduced new products featuring AI technology.

  • D-Wave announced new quantum computing resources and partnerships.

  • Lantronix secured an additional order from Gridspertise and is undergoing a review by their new CEO.

  • Synchronoss has saved an estimated $15 million annually after its post divestiture cost removals.

  • Ascent resolved issues with its Bristol tubular plant and secured a large order in its chemicals business.

  • Potbelly和Synchronoss展示了强劲的业绩,Synchronoss出售了其数字资产,使其完全基于云计算。

  • Quantum 推出了采用 AI 技术的新产品。

  • D-Wave 宣布了新的量子计算资源和合作伙伴关系。

  • Lantronix获得了Gridspertise的额外订单,并正在接受其新任首席执行官的审查。

  • 在扣除资产剥离后成本后,Synchronoss估计每年节省了1500万美元。

  • Ascent解决了其布里斯托尔管状工厂的问题,并获得了化工业务的大量订单。

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