Welcome to our dedicated page for Via Transportation news (Ticker: VIA), a resource for investors and traders seeking the latest updates and insights on Via Transportation stock.
Via Transportation, Inc. (NYSE: VIA) is a technology company focused on software and technology-enabled services for public transit systems, and its news flow reflects this focus. Company announcements often highlight how Via’s platform is used by cities and transit agencies to transform public transportation into dynamic, data- and demand-based networks that replace fragmented legacy systems and consolidate operations.
Investors and observers following VIA stock can expect news related to quarterly and annual financial results, including revenue trends, Platform Annual Run-Rate Revenue, customer count, and non-GAAP measures such as Adjusted Gross Profit and Adjusted EBITDA. Via regularly issues press releases about its earnings and furnishes these releases to the Securities and Exchange Commission on Form 8-K, providing updates on its operating performance and outlook.
Via’s news also covers corporate development activity, such as acquisitions and partnerships. For example, the company has announced the completion of its acquisition of Downtowner Transportation LLC, a transportation technology company focused on Destination Cities, and has referenced prior acquisitions of Remix and Citymapper. These items provide insight into how Via expands its platform capabilities and data assets. Strategic partnerships, such as its collaboration with Waymo to integrate autonomous ride-hailing services into public transit networks, are another recurring theme in Via’s news.
Legal and intellectual property developments may also appear in the news feed. Via has reported on patent litigation outcomes involving its virtual bus stop technology and microtransit patents, including court decisions awarding ongoing royalties on certain infringing products. Such updates shed light on the company’s efforts to protect and monetize its intellectual property.
By reviewing Via’s news page, readers can track financial announcements, M&A activity, partnerships with other transportation technology providers, and legal milestones that relate to the company’s public transit software and services. Bookmarking this page can help investors and industry participants monitor how Via’s platform and strategy evolve over time.
Via Renewables has announced plans to present its Q2 2022 financial results on August 4, 2022, at 10:00 AM Central. The event will be accessible via a live webcast on the company's Investor Relations website. With operations across 19 states and providing services under renowned brands like Spark Energy and Verde Energy, Via Renewables offers alternatives in natural gas and electricity. Investors are encouraged to regularly check the website for updates.
Via Renewables (NASDAQ: VIA, VIASP) announced the closing of a $195 million senior secured credit facility to replace its existing credit line of $227.5 million, maturing October 2023. This new facility includes a $55 million accordion and provides more flexible terms, enabling the company to pursue growth opportunities and acquisitions. The facility is managed by Woodforest National Bank and BOKF, NA. Executives expressed gratitude for the support of lenders, emphasizing the facility's role in enhancing operational flexibility and shareholder value.
Via Renewables reported a net income of $31.0 million for Q1 2022, a significant turnaround from a net loss of $(27.6) million in Q1 2021. The company achieved Adjusted EBITDA of $10.8 million and Retail Gross Margin of $28.8 million, both lower than the previous year due to rising commodity prices. Total RCE count rose to 387,000, and average monthly attrition improved to 3.7%. Liquidity stood at $96.0 million. The company announced dividends of $0.18125 per share for Class A common stock.
Via Renewables (NASDAQ:VIA) plans to announce its first quarter 2022 financial results during a conference call on May 5, 2022, at 10:00 AM Central (11:00 AM Eastern). A live webcast will be available through the Investor Relations section of its website, followed by a 12-month archived replay.
Founded in 1999, Via Renewables operates across 19 states and serves 101 utility territories, offering customers various energy solutions including green product alternatives.
Via Renewables has announced a quarterly cash dividend of $0.18125 per share for its Class A Common Stock, equating to an annualized dividend of $0.725. This dividend will be distributed on June 15, 2022, to shareholders on record as of June 1, 2022. Additionally, a dividend of $0.476393 per share has been declared for the Series A Preferred Stock, payable on July 15, 2022, to holders on record by July 1, 2022. Via Renewables operates across 19 states in the U.S., serving 101 utility territories.
Via Renewables (NASDAQ:VIA, VIASP) reported financial results for 2021, demonstrating significant challenges and strategic responses. For Q4 2021, the company reported a net loss of $(35.8) million, with Adjusted EBITDA of $11.6 million and Retail Gross Margin of $25.2 million. Annually, net income was $(4.0) million, down from $68.2 million in 2020, impacted by a $64.4 million loss from winter storm Uri. Total liquidity stands at $122.2 million, with plans to ramp up organic growth and product offerings in 2022, aiming for a 100% green energy portfolio.
Via Renewables (NASDAQ:VIA) announced plans to present its full year and Q4 2021 financial results in a conference call on March 3, 2022, at 10 AM Central. The webcast will be accessible on the company's Investor Relations website, with an archived replay available for twelve months.
Founded in 1999 and headquartered in Houston, Via Renewables provides energy services under brands like Spark Energy and Major Energy, serving 100 utility territories across 19 states.
Via Renewables has declared a quarterly cash dividend of $0.18125 per share on its Class A Common Stock, amounting to an annualized $0.725 per share. This dividend will be paid on March 15, 2022 to shareholders on record as of March 1, 2022. Additionally, a dividend of $0.546875 per share has been declared on the Series A Preferred Stock, with an annualized amount of $2.1875 per share, payable on April 15, 2022 to holders recorded by April 1, 2022.
Via Renewables reported its financial results for Q3 2021, showing a net income of $34.7 million, up from $22.6 million in Q3 2020. Adjusted EBITDA decreased to $22.0 million from $27.7 million year-over-year, while Retail Gross Margin fell to $30.9 million, down $16.1 million due to fewer customers. The company’s total liquidity stood at $134.5 million. A dividend of $0.18125 per share on Class A common stock was declared, payable on December 15, 2021.
Management expects further customer growth as acquisitions are fully integrated.
Via Renewables (NASDAQ:VIA) will present its third quarter 2021 financial results on November 4, 2021, at 10:00 AM Central. The presentation will be available via a live webcast on the company's Investor Relations website, along with an archived replay for twelve months. Founded in 1999 and headquartered in Houston, Texas, Via Renewables operates in 19 states, providing customers with natural gas and electricity alternatives through brands like Spark Energy and Verde Energy. Investors are encouraged to regularly check the website for updates and disclosures.