Corporate Financial Reports 12-19-22

The following are recent financial reports as posted by selected Utah corporations:

Sportsman’s Warehouse

Sportsman’s Warehouse Inc., based in West Jordan, reported net income of $12.9 million, or 33 cents per share, for the third quarter ended Oct. 29. That compares with $21.9 million, or 49 cents per share, for the same quarter a year earlier.{mprestriction ids="1,3"}

Net sales in the most recent quarter totaled $359.7 million, compared with $401 million in the year-earlier quarter.

Sportsman’s Warehouse Holdings is an outdoor specialty retailer.

“We executed our strategic initiatives and reported strong sales and earnings results in the third quarter, despite the challenging macroeconomic environment,” Jon Barker, president and CEO, said in announcing the results.’

“The investments made over the last few years to enhance our omnichannel capabilities have strengthened the overall foundation of the business. Moving forward, we will continue to closely manage the business with discipline and rigor, and maintain focus on leveraging our investments while accelerating the growth of our store footprint to reach more customers nationwide.”

Domo

Domo, based in American Fork, reported a net loss of $23.7 million, or 69 cents per share, for the fiscal third quarter ended Oct. 31. That compares with a net loss of $28.5 million, or 88 cents per share, for the same quarter a year earlier.

Revenue in the most recent quarter totaled $79 million, up from $65 million in the year-earlier quarter.

Domo offers businesses a low-code data app platform for business intelligence and analytics.

“I’m proud of the team for their continued focus on delivering customer value while operating the business with efficiency,” John Mellor, CEO, said in announcing the results. “Based on the size and health of the pipeline and the strong demand at the top of the funnel, we remain bullish on our long-term prospects.”

HealthEquity

HealthEquity Inc., based in Draper, reported a net loss of $1.6 million, or 2 cents per share, for the third quarter ended Oct. 31. That compares with $5 million, or 6 cents per share, for the same quarter a year earlier.

Revenue in the most recent quarter totaled $216.1 million, up from $180 million in the year-earlier quarter.

HealthEquity is the nation’s largest health savings account custodian.

“This quarter, ‘Team Purple’ delivered 13 percent new HSA sales growth, a 67 percent narrower GAAP net loss, and adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) growth of 20 percent from one year ago,” Jon Kessler, president and CEO, said in announcing the results.

“Today, HealthEquity is the largest HSA provider measured by both accounts and assets, and we intend to build on that momentum by delivering a strong fourth quarter.”

Renalytix

Renalytix, with main offices in London and Salt Lake City, reported a net loss of $12 million, or 16 cents per share, for the fiscal first quarter ended Sept. 30. That compares with a loss of $10.1 million, or 14 cents per share, for the same quarter a year earlier.

Revenue in the most recent quarter totaled $969,000, up from $482,000 in the year-earlier quarter.

Renalytix is in vitro diagnostics company, focused on optimizing clinical management of kidney disease.{/mprestriction}