TBLT - Earnings announcements

Revenue increased 9% quarter-over-quarter to $20.6 million Operating expenses decreased 11% year-over-year to $15.4 million, over $2 million saved. IRVINE, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) --  ToughBuilt Industries, Inc. ("ToughBuilt" or "the Company") (NASDAQ:TBLT, TBLTW))), today reported the Company's financial results for the fiscal quarter ended September 30, 2023. The Company will host its Q3 2023 earnings conference call today at 5:00 p.m. (ET). Financial Highlights for the Quarter Ended September 30, 2023, include: Revenues decreased by approximately 32% to $20.6 million for Q3 2023, compared to $30.2 million in Q3 2022. This decrease was primarily due to a decreased deman

LAKE FOREST, Calif., Nov. 13, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ:TBLT, TBLTW))), today reports that it will hold an earnings call to discuss the Company's 2023 first quarter financial and operating results on Tuesday, November 14, 2023 at 5:00pm ET. Michael Panosian, Chief Executive Officer, and Martin Galstyan, Chief Financial Officer, will host the conference call to review the Company's financial and operating results. To attend the conference call, please dial one of the teleconference numbers below or follow the live audio webcast here. Attendees are encouraged to dial in to the conference call at least five minutes prior

LAKE FOREST, Calif., Aug. 17, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ:TBLT, TBLTW))), today reports that it will hold an earnings call to discuss the Company's 2023 Second quarter financial and operating results on Tuesday August 22, 2023 at 5:00pm ET. Michael Panosian, Chief Executive Officer, and Martin Galstyan, Chief Financial Officer, will host the conference call to review the Company's financial and operating results. To attend the conference call, please dial one of the teleconference numbers below or follow the audio webcast here. Attendees are encouraged to dial in to the conference call at least five minutes prior to the start time. U

Revenue increased 17% year-over-year to $20.2 million.Gross profit increased 18% year-over-year to $3.6 million.Net loss improved 31%, from $12.1 in Q1 2022 to $8.3 million in Q1 2023 for common shareholders. IRVINE, Calif., May 22, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ:TBLT, TBLTW))), reported today their financial results for the first fiscal quarter of the year, ended March 31, 2023. Financial Highlights for the Quarter Ended March 31, 2023: Revenues increase approximately 17% from 17.2 million for Q1 2022 to approximately $20.2 million for Q1 2023. This increase in revenue was due primarily to increased marketplace penetration of ToughBuilt prod

IRVINE, Calif., May 17, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt" or the "Company") (NASDAQ:TBLT, TBLTW))), reports today that it will broadcast a pre-recorded earnings call which discusses the Company's 2023 first quarter financial and operating results on Monday, May 22, 2023, at 5:00pm ET. Michael Panosian, Chief Executive Officer, and Martin Galstyan, Chief Financial Officer, participated in the pre-recorded earnings call, in which they discussed the Company's financial and operating results. To attend the conference call, please dial one of the teleconference numbers below or follow the audio webcast here. Attendees are encouraged to dial in to the conferenc

Record fourth quarter year revenue of $29.6 million, with 20% year-over-year growthRecord full year revenue of $94.9 million with 36% year-over-year growth LAKE FOREST, Calif., March 15, 2023 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by ToughBuilt Industries, Inc. (NASDAQ:TBLT, TBLTW))), please note that in the second bullet under the header "Twelve Months Ended December 31, 2022 Financial Highlights" the percentages should be 23% for 2022 followed by 27% for 2021 rather than 27.2% and 23%. The corrected release follows: ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ:TBLT, TBLTW))), today reported financial results for the fourth quarter an

Record fourth quarter revenue of $29.6 million, with 20% year-over-year growthRecord full year revenue of $94.9 million with 36% year-over-year growth LAKE FOREST, Calif., March 15, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ:TBLT, TBLTW))), today reported financial results for the fourth quarter and full year ended December 31, 2022. Twelve Months Ended December 31, 2022 Financial Highlights: Revenues for the twelve months ended December 31, 2022, were approximately $94.9 million, an increase of 36% compared to 2021. The increase in revenue was primarily the result of wide acceptance of ToughBuilt products, and a combination of onboarding new retail cust

LAKE FOREST, Calif., March 03, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ:TBLT, TBLTW))), today reports that it will hold an earnings call to discuss the Company's 2022 fourth quarter and year-end financial and operating results on Wednesday, March 15, 2023 at 5:00pm ET. Michael Panosian, Chief Executive Officer, and Martin Galstyan, Chief Financial Officer, will host the conference call to review the Company's financial and operating results. To attend the conference call, please dial one of the teleconference numbers below or follow the live audio webcast here. Attendees are encouraged to dial in to the conference call at least five minutes prior to the

IRVINE, Calif., Nov. 14, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ:TBLT, TBLTW))), today reported financial results for the second quarter ended September 30, 2022. The Company will discuss the results, and provide a business update, during the Company's earnings conference call scheduled for 5:00 p.m. (ET) today. Third Quarter 2022 and Subsequent Financial Highlights: Revenues for the three months ended September 30, 2022 were approximately $30.2 million, an increase of 76% compared to the same period in 2021. The growth in revenue was primarily due to the expansion of existing customers and their recurring orders, adding new customers globa

LAKE FOREST, Calif., Nov. 10, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ:TBLT, TBLTW))), today reports that it will announce its financial results for the third quarter of 2022 after the NASDAQ market closes on Monday, November 14, 2022. Michael Panosian, ToughBuilt's Chief Executive Officer, and Martin Galstyan, ToughBuilt's Chief Financial Officer, will host a conference call to review the Company's financial and operating results at 5:00pm ET on the same day. The Company intends to file its Quarterly Report on Form 10-K on the SEC's EDGAR system for the quarter ended September 30, 2022 before or on November 14, 2022. To attend the conference call, ple

IRVINE, Calif., Aug. 19, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ:TBLT, TBLTW))), today reported financial results for the second quarter ended June 30, 2022. The Company will discuss the results, and a business update, during the Company's earnings conference call scheduled for 5:00 p.m. (ET) today. Second Quarter 2002 and Subsequent Financial Highlights: Revenues for the three months ended June 30, 2022, were approximately $17.9 million, an increase of 12.8% compared to the same period in 2021. The increase in revenue was primarily the result of expanded acceptance of ToughBuilt products. This was a result of recurring orders from existing customers a

LAKE FOREST, Calif., Aug. 15, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ:TBLT, TBLTW))), today reported that it will announce its financial results for the second quarter of 2022 after the NASDAQ market closes on Friday, August 19, 2022. Michael Panosian, Chief Executive Officer, and Martin Galstyan, Chief Financial Officer, will host a conference call to review the Company's financial and operating results at 5:00pm ET on the same day. To attend the conference call, please dial one of the teleconference numbers below or follow the live audio webcast here: Q2 Earnings Call. Attendees are encouraged to dial in to the conference call at least five minutes p

First quarter revenue of $17.2 million, or 40% year-over-year growthEarnings Conference Call at 5:00 p.m. (EST) today LAKE FOREST, Calif., May 23, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ:TBLT, TBLTW))), today reported financial results for the first quarter ended March 31, 2022. The Company will discuss the results, among other things, during the Company's earnings conference call scheduled for 5:00 p.m. (ET) today. Financial Highlights for the Quarter Ended March 31, 2022: Revenues for the three months ended March 31, 2022, were approximately $17.2 million, an increase of 40% compared to the same period in 2021. The increase in revenue was primarily

LAKE FOREST, Calif., May 20, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ:TBLT, TBLTW))), announced today that it will hold an earnings call to discuss the Company's 2022 first quarter financial and operating results at 5:00 pm (ET) on Monday, May 23, 2022. Michael Panosian, Chief Executive Officer, and Martin Galstyan, Chief Financial Officer, will host the call to review the Company's financial and operating results in connection with the Company's 2022 Form 10-Q anticipated to be filed by the Company with the Securities and Exchange Commission on May 23, 2022 and the subsequent earnings release. Conference Call Information: To attend the conferenc

Record fourth quarter year revenue of $24.6 million, or 105% year-over-year growthRecord full year revenue of $70 million, or 77.6% year-over-year growth LAKE FOREST, Calif., April 18, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ:TBLT, TBLTW))), today reported financial results for the fourth quarter and full year ended December 31, 2021. Twelve Months Ended December 31, 2021 Financial Highlights: Revenues for the twelve months ended December 31, 2021, were approximately $70.0 million, an increase of 77.6% compared to the same period in 2020. The increase in revenue was primarily the result of wide acceptance of ToughBuilt products. This was a result

LAKE FOREST, Calif., April 14, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ:TBLT, TBLTW))), announced today that it will hold an earnings call to discuss the Company's 2021 fourth quarter and year-end financial and operating results at 5:00 pm (ET) on Monday, April 18, 2022. Michael Panosian, Chief Executive Officer, and Martin Galstyan, Chief Financial Officer, will host the call to review the Company's financial and operating results in connection with the Company's 2021 Form 10-K anticipated to be filed by the Company with the Securities and Exchange Commission on April 15, 2022 and the subsequent earnings release. To attend the conference call, please d

Record quarterly revenue of $17.2 million; year-to-date revenue of $45.4 millionCompany expects full year 2021 revenue in the range of $70-74 million, representing year-over-year growth of 77-87% LAKE FOREST, Calif., Nov. 15, 2021 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ:TBLT, TBLTW))), today reported financial results for the third quarter ended September 30, 2021. ToughBuilt's Chief Executive Officer, Michael Panosian, commented, "We achieved record sales in the third quarter of 2021 and year-to-date revenue growth of 89% on an adjusted* basis, driven by broad demand for our portfolio of products, international expansion, and accelerated order volu

LAKE FOREST, Calif., Nov. 02, 2021 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ:TBLT, TBLTW))), announced today that it will release its financial results for the third quarter of 2021 after the NASDAQ market closes on Monday, November 15, 2021. Michael Panosian, Chief Executive Officer, and Martin Galstyan, Chief Financial Officer, will host a conference call to review the Company's financial and operating results at 5:00pm ET on the same day. To attend the conference call, please dial one of the teleconference numbers below or follow the live audio webcast here: Q3 Earnings Call. Attendees are encouraged to dial in to the conference call at least five minutes

Significant year-over-year growth of 132% to $15.9 millionBacklog remains robust across all product lines Lake Forest, CA, Aug. 16, 2021 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ:TBLT, TBLTW))), today reported financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Financial Highlights: Revenues for the second quarter of 2021 increased 132% to $15.9 million, compared to $6.8 million in the second quarter of 2020. The significant increase in revenue was primarily the result of wide acceptance of our products in the tool industry by new customers, combined with follow-on sales orders of metal goods and soft goods from our existing cus

Conference call to be held at 8:30am ET on the same day Lake Forest, CA, Aug. 09, 2021 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ:TBLT, TBLTW))), announced today that it will release its financial results for the second quarter of 2021 before the NASDAQ market opens on Monday, August 16, 2021. Michael Panosian, Chief Executive Officer, and Martin Galstyan, Chief Financial Officer, will host a conference call to review the Company's financial and operating results at 8:30am ET on the same day. To attend the conference call, please dial one of the teleconference numbers below or follow the audio webcast here: http://public.viavid.com/index.php?id=146251.