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NoneThe Latest: Suspect in United Healthcare CEO's killing charged with weapons, forgery, other chargesManhattan police have obtained a warrant for the arrest of 26-year-old Luigi Nicholas Mangione , suspect in the killing of UnitedHealthcare CEO Brian Thompson . Mangione was arrested at a McDonald’s in Altoona, Pennsylvania, while carrying a gun, mask and writings linking him to the ambush. Mangione is being held without bail in Pennsylvania on charges of possession of an unlicensed firearm, forgery and providing false identification to police. Late Monday, Manhattan prosecutors charged him with five counts, including murder, criminal possession of a weapon and criminal possession of a forged instrument. Here's the latest: White House press secretary Karine Jean-Pierre says “violence to combat any sort of corporate greed is unacceptable” and the White House will “continue to condemn any form of violence.” She declined to comment on the investigation into the Dec. 4 shooting death of UnitedHealthcare CEO Brian Thompson or reports that writings belonging to the suspect, Luigi Mangione, said insurance companies care more about profits than their customers. “This is horrific,” Jean-Pierre said of the fatal shooting of Thompson as he walked in Manhattan. He didn’t appear to say anything as deputies led him to a waiting car outside. “I’m deeply grateful to the men and women of law enforcement whose efforts to solve the horrific murder of Brian Thompson led to the arrest of a suspect in Pennsylvania,” Gov. Hochul said in the statement. “I am coordinating with the District Attorney’s Office and will sign a request for a governor’s warrant to ensure this individual is tried and held accountable. Public safety is my top priority and I’ll do everything in my power to keep the streets of New York safe.” That’s according to a spokesperson for the governor who said Gov. Hochul will do it as soon as possible. Luigi Nicholas Mangione, the suspect in the fatal shooting of a healthcare executive in New York City, apparently was living a charmed life: the grandson of a wealthy real estate developer, valedictorian of his elite Baltimore prep school and with degrees from one of the nation’s top private universities. Friends at an exclusive co-living space at the edge of touristy Waikiki in Hawaii where the 26-year-old Mangione once lived widely considered him a “great guy,” and pictures on his social media accounts show a fit, smiling, handsome young man on beaches and at parties. Now, investigators in New York and Pennsylvania are working to piece together why Mangione may have diverged from this path to make the violent and radical decision to gun down UnitedHealthcare CEO Brian Thompson in a brazen attack on a Manhattan street. The killing sparked widespread discussions about corporate greed, unfairness in the medical insurance industry and even inspired folk-hero sentiment toward his killer. ▶ Read more about Luigi Mangione Peter Weeks, the Blair County district attorney, says he’ll work with New York officials to try to return suspect Luigi Mangione there to face charges. Weeks said the New York charges are “more serious” than in Blair County. “We believe their charges take precedent,” Weeks said, promising to do what’s needed to accommodate New York’s prosecution first. Weeks spoke to reporters after a brief hearing at which a defense lawyer said Mangione will fight extradition. The defense asked for a hearing on the issue. In the meantime, Mangione will be detained at a state prison in western Pennsylvania. Manhattan District Attorney Alvin Bragg’s office said Tuesday it will seek a Governor’s warrant to secure Mangione’s extradition to Manhattan. Under state law, New York Gov. Kathy Hochul can issue a warrant of arrest demanding Mangione’s return to the state. Such a warrant must recite the facts necessary to the validity of its issuance and be sealed with the state seal. It would then be presented to law enforcement in Pennsylvania to expedite Mangione’s return to New York. But Blair County District Attorney Peter Weeks says it won’t be a substantial barrier to returning Mangione to New York. He noted that defendants contest extradition “all the time,” including in simple retail theft cases. Dickey, his defense lawyer, questioned whether the second-degree murder charge filed in New York might be eligible for bail under Pennsylvania law, but prosecutors raised concerns about both public safety and Mangione being a potential flight risk, and the judge denied it. Mangione will continue to be housed at a state prison in Huntingdon. He has 14 days to challenge the detention. Prosecutors, meanwhile, have a month to seek a governor’s warrant out of New York. Mangione, wearing an orange jumpsuit, mostly stared straight ahead at the hearing, occasionally consulting papers, rocking in his chair, or looking back at the gallery. At one point, he began to speak to respond to the court discussion, but was quieted by his lawyer. Luigi Mangione, 26, has also been denied bail at a brief court hearing in western Pennsylvania. He has 14 days to challenge the bail decision. That’s with some intervention from owner Elon Musk. The account, which hasn’t posted since June, was briefly suspended by X. But after a user inquired about it in a post Monday, Musk responded “This happened without my knowledge. Looking into it.” The account was later reinstated. Other social media companies such as Meta have removed his accounts. According to X rules, the platform removes “any accounts maintained by individual perpetrators of terrorist, violent extremist, or mass violent attacks, as well as any accounts glorifying the perpetrator(s), or dedicated to sharing manifestos and/or third party links where related content is hosted.” Mangione is not accused of perpetrating a terrorist or mass attack — he has been charged with murder — and his account doesn’t appear to share any writings about the case. He shouted something that was partly unintelligible, but referred to an “insult to the intelligence of the American people.” He’s there for an arraignment on local charges stemming from his arrest Monday. He was dressed in an orange jumpsuit as officers led him from a vehicle into the courthouse. Local defense lawyer Thomas Dickey is expected to represent the 26-year-old at a Tuesday afternoon hearing at the Blair County Courthouse. Dickey declined comment before the hearing. Mangione could have the Pennsylvania charges read aloud to him and may be asked to enter a plea. They include possession of an unlicensed firearm, forgery and providing false identification to police. In New York, he was charged late Monday with murder in the death of UnitedHealthcare’s CEO Brian Thompson. Mangione likely was motivated by his anger with what he called “parasitic” health insurance companies and a disdain with corporate greed, said a a law enforcement bulletin obtained by The Associated Press. He wrote that the U.S. has the most expensive healthcare system in the world and that the profits of major corporations continue to rise while “our life expectancy” does not, according to the bulletin, based on a review of the suspect’s hand-written notes and social media postings. He appeared to view the targeted killing of the UnitedHealthcare CEO as a symbolic takedown, asserting in his note that he is the “first to face it with such brutal honesty,” the bulletin said. Mangione called “Unabomber” Ted Kaczynski a “political revolutionary” and may have found inspiration from the man who carried out a series of bombings while railing against modern society and technology, the document said. A felony warrant filed in New York cites Altoona Officer Christy Wasser as saying she found the writings along with a semi-automatic pistol and an apparent silencer. The filing echoes earlier statements from NYPD Chief of Detectives Joseph Kenny who said Mangione had a three-page, handwritten document that shows “some ill will toward corporate America.” Mangione is now charged in Pennsylvania with being a fugitive of justice. A customer at the McDonald’s in Altoona, Pennsylvania, where Mangione was arrested said one of his friends had commented beforehand that the man looked like the suspect wanted for the shooting in New York City. “It started out almost a little bit like a joke, my one friend thought he looked like the shooter,” said the customer, who declined to give his full name, on Tuesday. “It wasn’t really a joke, but we laughed about it,” he added. The warrant on murder and other charges is a step that could help expedite his extradition from Pennsylvania. In court papers made public Tuesday, a New York City police detective reiterated key findings in the investigation he said tied Mangione to the killing, including surveillance footage and a fake ID he used to check into a Manhattan hostel on Nov. 24. Police officers in Altoona, Pennsylvania, found that ID when they arrested Mangione on Monday. Mangione is being held without bail in Pennsylvania on charges of possession of an unlicensed firearm, forgery and providing false identification to police. Late Monday, Manhattan prosecutors charged him with five counts, including murder, criminal possession of a weapon and criminal possession of a forged instrument. Mangione doesn’t yet have a lawyer who can speak on his behalf, court officials said. Images of Mangione released Tuesday by Pennsylvania State Police showed him pulling down his mask in the corner of the McDonald’s while holding what appeared to be hash browns and wearing a winter jacket and ski cap. In another photo from a holding cell, he stood unsmiling with rumpled hair. Mangione’s cousin, Maryland lawmaker Nino Mangione, announced Tuesday morning that he’s postponing a fundraiser planned later this week at the Hayfields Country Club north of Baltimore, which was purchased by the Mangione family in 1986. “Because of the nature of this terrible situation involving my Cousin I do not believe it is appropriate to hold my fundraising event scheduled for this Thursday at Hayfields,” Nino Mangione said in a social media post. “I want to thank you for your thoughts, prayers, and support. My family and I are heartbroken and ask that you remember the family of Mr. Thompson in your prayers. Thank you.” Officers used New York City’s muscular surveillance system . Investigators analyzed DNA samples, fingerprints and internet addresses. Police went door to door looking for witnesses. When an arrest came five days later , those sprawling investigative efforts shared credit with an alert civilian’s instincts. A customer at a McDonald’s restaurant in Pennsylvania noticed another patron who resembled the man in the oblique security-camera photos New York police had publicized. He remains jailed in Pennsylvania, where he was initially charged with possession of an unlicensed firearm, forgery and providing false identification to police. By late Monday evening, prosecutors in Manhattan had added a charge of murder, according to an online court docket. It’s unclear whether Luigi Nicholas Mangione has an attorney who can comment on the allegations. Asked at Monday’s arraignment whether he needed a public defender, Mangione asked whether he could “answer that at a future date.”WASHINGTON (AP) — President-elect Donald Trump's pick for intelligence chief, Tulsi Gabbard, faced fresh scrutiny Monday on Capitol Hill about her proximity to Russian-ally Syria amid the sudden collapse of that country's hardline Assad rule. Gabbard ignored shouted questions about her 2017 visit to war-torn Syria as she ducked into one of several private meetings with senators who are being asked to confirm Trump's unusual nominees . But the Democrat-turned-Republican Army National Reserve lieutenant colonel delivered a statement in which she reiterated her support for Trump's America First approach to national security and a more limited U.S. military footprint overseas. “I want to address the issue that’s in the headlines right now: I stand in full support and wholeheartedly agree with the statements that President Trump has made over these last few days with regards to the developments in Syria,” Gabbard said exiting a Senate meeting. The incoming president’s Cabinet and top administrative choices are dividing his Republican allies and drawing concern , if not full opposition, from Democrats and others. Not just Gabbard, but other Trump nominees including Pentagon pick Pete Hegseth, were back at the Capitol ahead of what is expected to be volatile confirmation hearings next year. The incoming president is working to put his team in place for an ambitious agenda of mass immigrant deportations, firing federal workers and rollbacks of U.S. support for Ukraine and NATO allies. “We’re going to sit down and visit, that’s what this is all about,” said Sen. Mike Rounds, R-S.D., as he welcomed Gabbard into his office. The president-elect announced other appointments Monday, including his lawyer Harmeet Dhillon for assistant attorney general for civil rights at the Justice Department and Mark Paoletta as the returning general counsel of the Office of Management and Budget. Meanwhile, Defense Secretary pick Hegseth appeared to be picking up support from once-skeptical senators, the former Army National Guard major denying sexual misconduct allegations and pledging not to drink alcohol if he is confirmed. The president-elect's choice to lead the FBI, Kash Patel , who has written extensively about locking up Trump's foes and proposed dismantling the Federal Bureau of Investigation, launched his first visits with senators Monday. “I expect our Republican Senate is going to confirm all of President Trump’s nominees,” said Sen. Tom Cotton, R-Ark., on social media. Despite widespread concern about the nominees' qualifications and demeanors for the jobs that are among the highest positions in the U.S. government, Trump's team is portraying the criticism against them as nothing more than political smears and innuendo. Showing that concern, nearly 100 former senior U.S. diplomats and intelligence and national security officials have urged Senate leaders to schedule closed-door hearings to allow for a full review of the government’s files on Gabbard. Trump's allies have described the criticisms of Hegseth in particular as similar to those lodged against Brett Kavanaugh, the former president's Supreme Court nominee who denied a sexual assault allegation and went on to be confirmed during Trump's first term in office. Said Sen. Lindsey Graham, R-S.C., about Hegseth: “Anonymous accusations are trying to destroy reputations again. We saw this with Kavanaugh. I won’t stand for it.” One widely watched Republican, Sen. Joni Ernst of Iowa, herself a former Army National Guard lieutenant colonel and sexual assault survivor who had been criticized by Trump allies for her cool reception to Hegseth, appeared more open to him after their follow-up meeting Monday. “I appreciate Pete Hegseth’s responsiveness and respect for the process,” Ernst said in a statement. Ernst said that following “encouraging conversations,” he had committed to selecting a senior official who will "prioritize and strengthen my work to prevent sexual assault within the ranks. As I support Pete through this process, I look forward to a fair hearing based on truth, not anonymous sources.” Ernst also had praise for Patel — “He shares my passion for shaking up federal agencies" — and for Gabbard. Once a rising Democratic star, Gabbard, who represented Hawaii in Congress, arrived a decade ago in Washington, her surfboard in tow, a new generation of potential leaders. She ran unsuccessfully for president in 2020. But Gabbard abruptly left the party and briefly became an independent before joining with Trump's 2024 campaign as one of his enthusiasts, in large part over his disdain for U.S. involvement overseas and opposition to helping Ukraine battle Russia. Her visit to Syria to meet with then-President Bashar Assad around the time of Trump's first inauguration during the country's bloody civil war stunned her former colleagues and the Washington national security establishment. The U.S. had severed diplomatic relations with Syria. Her visit was seen by some as legitimizing a brutal leader who was accused of war crimes. Gabbard has defended the trip, saying it's important to open dialogue, but critics hear in her commentary echoes of Russia-fueled talking points. Assad fled to Moscow over the weekend after Islamist rebels overtook Syria in a surprise attack, ending his family's five decades of rule. She said her own views have been shaped by “my multiple deployments and seeing firsthand the cost of war and the threat of Islamist terrorism.” Gabbard said, “It's one of the many reasons why I appreciate President Trump’s leadership and his election, where he is fully committed, as he has said over and over, to bring about an end to wars.” Last week, the nearly 100 former officials, who served in both Democratic and Republican administrations, said in the letter to Senate leaders they were “alarmed” by the choice of Gabbard to oversee all 18 U.S. intelligence agencies. They said her past actions “call into question her ability to deliver unbiased intelligence briefings to the President, Congress, and to the entire national security apparatus.” The Office of the Director of National Intelligence was created after the Sept. 11, 2001, attacks to coordinate the nation’s intelligence agencies and act as the president’s main intelligence adviser. Associated Press writer Stephen Groves contributed to this report.blackjack tattoo 。

Autry scores 16 as George Washington downs Illinois State 72-64Photos: Remembering Jimmy Carter, the 39th US presidentAs the Boston Red Sox , in the first full month of the MLB offseason, look for options to fill some of their biggest holes before the start of the 2025 season, a new name has been linked to the club. According to MLB Insider Michael Rodriguez, Boston has shown interest in former Oakland Athletics reliever Dany Jimenez. "Dany Jimenez has attracted the attention of several teams in the market, including Atlanta, Boston, and others," Rodriguez wrote on social media (transcribed). "Throughout his career, Jimenez has recorded an ERA of 3.93 playing for the San Francisco and Oakland teams. Currently, he is competing with the team #Licey in the Dominican Republic Winter Baseball League. #DanyJimenez" Jimenez, 30, signed with the Toronto Blue Jays in 2015 and after the 2019 season, he was selected by the San Francisco Giants in the Rule 5 draft. He made his debut with the team the following year. After 2020, the Athletics selected Jimenez in the Rule 5 draft and signed a minor league deal with the club after the 2021 season. Over the last three seasons with Oakland, Jimenez has posted a 3.89 ERA and a 1.272 WHIP in 83 1/3 innings over 84 appearances. Last year was his worst in the majors thus far, as he recorded a 4.91 ERA and a 1.558 WHIP in 25 2/3 innings. Boston needs to revamp their bullpen in the next few months, and the duo of chief baseball officer Craig Breslow and pitching coach Andrew Bailey could target Jimenez as a player who could benefit from working in their system. MORE RED SOX NEWS Latest Juan Soto report is good news for Boston Red Sox projected trade offer for All-Star starter is expensive MLB insider believes Red Sox could acquire TWO top pitchers Red Sox lose LHP on waivers to AL Central club

The Kano State Government has unveiled a five-year multi-sectoral investment strategic plan toward wooing local and foreign investors into the state. The objective, according to a statement on Sunday issued by the governor’s spokesman, Sanusi Bature, is to woo investors to invest heavily in key economic sectors toward boosting the state’s economy and provide revenue for the government to facilitate the execution of developmental projects. The Director-General of Kano State Investment Promotion Agency (Kan-Invest), Muhammad Naziru Halliru, made the disclosure while addressing newsmen in Kano. According to Halliru, the plans are to invite investors to invest in the areas of energy, agriculture, health, education, transportation, and other areas of the economy. He said that with the approval of the state governor, Abba Yusuf, there would be an elaborate ceremony to unveil the plans, which would create an enabling business environment for investments to thrive in the state, which is the commercial nerve centre of Northern Nigeria. He also disclosed that the agency, under the leadership of Yusuf, would unveil an enlightenment campaign for local investors to invest in the state. “This is very important because, in Kano state alone, we can have an individual that would invest in power that the whole state could depend on. “We have wealthy people in Kano that could invest heavily in many areas of the economy. Sometimes, we may only need foreign investors for advanced technology. “The reason why we do not see them is that the immediate past government did not provide an enabling environment for the investments. The legal framework to project their investments was unavailable. They did not see the government giving them necessary attention and providing an enabling business environment for them to invest; that is why they are reluctant to invest,” he said. Related News Govt votes N350m to upgrade five Kano cattle markets Wudil cattle market hits N50bn weekly transactions– Official Kano uncovers roots of thuggery, brings rival groups together for peace Halliru restated the commitment of the agency to create awareness for local investors to see areas to invest in, “beyond building plazas and corner shops.” He said the state government, through the agency, is working assiduously to provide enabling business environments in accordance with global standards, adding that the plans would be launched in a few months’ time. The DG also disclosed that the governor’s investment agenda is yielding fruits, adding that several investment proposals from companies to invest in Kano are underway. According to him, the majority of them had submitted proposals to invest in solar energy, disclosing that some had even proposed over $500 million in investment. He added that discussions are also ongoing with some foreign investors from the United Kingdom, China, the United States, and India, among others to come to Kano. “Some of them told us that they attempted to invest in Kano during the immediate past government, but there were no incentives for their investments. “But the current administration has provided the enabling environment for investments. Not only those who have indicated an interest in investing but our commitment and plans are to woo foreign and local investments into our state. “I am happy our governor is giving us maximum cooperation and support. Very soon, people of Kano State would witness a boom in our economy, courtesy of investments that would be coming into the state from domestic and foreign investors,” he added.Pete Hegseth, President-elect Donald Trump’s choice to be defense secretary, is joined by his wife Jennifer Rauchet as he speaks with reporters after meeting with Sen. Susan Collins, R-Maine, on Capitol Hill, Wednesday, Dec. 11, 2024, in Washington. (AP Photo/Mark Schiefelbein) Sen. Susan Collins, R-Maine, speaks with reporters after meeting with Pete Hegseth, President-elect Donald Trump’s choice to be defense secretary, on Capitol Hill, Wednesday, Dec. 11, 2024, in Washington. (AP Photo/Mark Schiefelbein) Pete Hegseth, President-elect Donald Trump’s choice to be defense secretary, arrives for a meeting with Sen. Bill Cassidy, R-La., on Capitol Hill, Wednesday, Dec. 11, 2024, in Washington. (AP Photo/Mark Schiefelbein) Pete Hegseth, President-elect Donald Trump’s choice to be defense secretary, is joined by his wife Jennifer Rauchet as he speaks with reporters after meeting with Sen. Susan Collins, R-Maine, on Capitol Hill, Wednesday, Dec. 11, 2024, in Washington. (AP Photo/Mark Schiefelbein) By MARY CLARE JALONICK and MATT BROWN WASHINGTON (AP) — Pete Hegseth, President-elect Donald Trump’s nominee to lead the Defense Department, said he had a “wonderful conversation” with Maine Sen. Susan Collins on Wednesday as he pushed to win enough votes for confirmation. He said he will not back down after allegations of excessive drinking and sexual misconduct. Related Articles National Politics | Donald Trump will ring the New York Stock Exchange bell. It’ll be a first for him National Politics | The Trump and Biden teams insist they’re working hand in glove on foreign crises National Politics | ‘You don’t know what’s next.’ International students scramble ahead of Trump inauguration National Politics | Trump is threatening to raise tariffs again. Here’s how China plans to fight back National Politics | Trump won’t be able to save the struggling US beef industry Collins said after the hourlong meeting that she questioned Hegseth about the allegations amid reports of drinking and the revelation that he made a settlement payment after being accused of a sexual assault that he denies. She said she had a “good, substantive” discussion with Hegseth and “covered a wide range of topics,” including sexual assault in the military, Ukraine and NATO. But she said she would wait until a hearing, and notably a background check, to make a decision. “I asked virtually every question under the sun,” Collins told reporters as she left her office after the meeting. “I pressed him both on his position on military issues as well as the allegations against him, so I don’t think there was anything that we did not cover.” The meeting with Collins was closely watched as she is seen as more likely than most of her Republican Senate colleagues to vote against some of Trump’s Cabinet picks. She and Alaska Sen. Lisa Murkowski, a fellow moderate Republican, did not shy from opposing Trump in his first term when they wanted to do so and sometimes supported President Joe Biden’s nominees for the judicial and executive branches. And Hegseth, an infantry combat veteran and former “Fox & Friends” weekend host, is working to gain as many votes as he can as some senators have expressed concerns about his personal history and lack of management experience. “I’m certainly not going to assume anything about where the senator stands,” Hegseth said as he left Collins’ office. “This is a process that we respect and appreciate. And we hope, in time, overall, when we get through that committee and to the floor that we can earn her support.” Hegseth met with Murkowski on Tuesday. He has also been meeting repeatedly with Iowa Sen. Joni Ernst, a military veteran who has said she is a survivor of sexual assault and has spent time in the Senate working on improving how attacks are reported and prosecuted within the ranks. On Monday, Ernst said after a meeting with him that he had committed to selecting a senior official to prioritize those goals. Republicans will have a 53-49 majority next year, meaning Trump cannot lose more than three votes on any of his nominees. It is so far unclear whether Hegseth will have enough support, but Trump has stepped up his pressure on senators in the last week. “Pete is a WINNER, and there is nothing that can be done to change that!!!” Trump posted on his social media platform last week.CHARLOTTE AMALIE, Virgin Islands (AP) — Trey Autry scored 16 points off of the bench to help lead George Washington over Illinois State 72-64 on Monday night to claim a fifth-place finish at the Paradise Jam tournament in the Virgin Islands. Autry had five rebounds for the Revolutionaries (6-1). Gerald Drumgoole Jr. scored 16 points while going 4 of 9 from the floor, including 2 for 5 from 3-point range, and 6 for 7 from the line. Darren Buchanan Jr. shot 3 of 11 from the field and 9 for 11 from the line to finish with 15 points, while adding 10 rebounds. The Redbirds (4-3) were led by Chase Walker, who posted 18 points and two steals. Johnny Kinziger added 16 points for Illinois State. Dalton Banks also had 13 points, six rebounds and two steals. Autry scored seven points in the first half and George Washington went into the break trailing 29-27. NEXT UP George Washington's next game is Friday against VMI at home, and Illinois State visits Belmont on Wednesday. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .

In a flurry of nominations last week and over the weekend, President-elect Donald Trump added nine potential officials to his administration, including hedge fund manager Scott Bessent for treasury secretary, Brooke Rollins for agriculture secretary and Project 2025 author Russell Vought as head of the Office of Management and Budget. Most of Trump's picks share a certain quality: Loyalty. Bessent, for example, raised money for Trump's campaign, and both Rollins and Vought were part of the administration during Trump's first term in office. Rollins' selection as agriculture secretary rounds out Trump's choices cabinet-level secretary positions. RELATED STORY | Here's who Trump has asked to join his administration Trump and his cabinet appointments now face confirmation tests in the Senate, which are not a guarantee. Pushback from senators against Trump's first pick of Matt Gaetz for attorney general, for example, show that lawmakers are prepared to scrutinize and object to at least some of Trump's appointments. "The Senate, of course, under the Constitution, has the job of advising and consenting on nominations, and I take that responsibility very seriously," Sen. Chris Van Hollen (D-MD) told CBS' "Face the Nation." "It will be really important that the new Republican leader in the Senate uphold the Senate's prerogatives under the Constitution and not try to do an end run." Another concern, raised by President Biden's White House, is that the Trump transition team has not yet signed memorandums of understanding or ethics pledges that smooth the transition from one administration to the next. Without the paperwork in place, the FBI has so far not been able to conduct background checks into administration appointments.How to Watch Top 25 Women’s College Basketball Games – Thursday, December 12

Hicks 6-9 1-1 16, Konan Niederhauser 4-6 4-7 12, Baldwin 2-8 8-8 12, Dilione 3-6 0-2 6, P.Johnson 5-8 3-4 15, Kern 9-12 2-5 20, Nzeh 1-2 1-1 3, Dunn 0-4 0-0 0, Carter 0-2 0-2 0, Stewart 0-0 1-2 1. Totals 30-57 20-32 85. Dean 5-10 1-2 13, Tsimbila 0-0 0-0 0, J.Johnson 5-11 5-6 15, Medor 3-6 1-2 8, Richardson 0-2 0-0 0, Rivera 7-12 1-5 15, Tripp 5-9 2-2 13, Smith 0-1 0-2 0, Riley 0-1 0-1 0, Pettis 0-1 0-0 0, Zona 1-1 0-0 2. Totals 26-54 10-20 66. Halftime_Penn St. 42-34. 3-Point Goals_Penn St. 5-14 (Hicks 3-5, P.Johnson 2-3, Carter 0-1, Dilione 0-1, Dunn 0-1, Kern 0-1, Baldwin 0-2), Fordham 4-18 (Dean 2-5, Tripp 1-1, Medor 1-2, Pettis 0-1, Smith 0-1, Richardson 0-2, Rivera 0-2, J.Johnson 0-4). Fouled Out_Tsimbila. Rebounds_Penn St. 37 (Kern 13), Fordham 27 (Dean 9). Assists_Penn St. 13 (Baldwin 7), Fordham 16 (Medor, Richardson, Tripp 3). Total Fouls_Penn St. 19, Fordham 24.Addresses the Speed and Reach Limitations of Passive, Direct-attached Copper (DAC) Cables SANTA CLARA, Calif. , Dec. 10, 2024 /PRNewswire/ -- Marvell Technology, Inc . (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced the general availability of a 200G per lane optimized transimpedance amplifier (TIA) and laser driver chipset, enabling 800 Gbps and 1.6 Tbps linear-drive pluggable optics (LPO). Designed to address next-generation short-reach, scale-up compute fabric connectivity requirements, LPO modules enabled by the chipset overcome the reach limitations of passive, DAC cable interconnects. The LPO chipset expands the industry-leading interconnect portfolio from Marvell, which includes PAM4 optical DSPs , coherent DSPs , data center interconnects, Alaska® A active electrical cable (AEC) DSPs and Alaska P PCIe retimers , delivering an optimized optical solution for short-reach compute fabric connections, delivering an optimized optical solution for short-reach compute fabric connections. As artificial intelligence (AI) technologies advance, the demand for higher-bandwidth interconnects in data center networks is accelerating rapidly. This is particularly evident in compute fabric networks, which connect XPUs within and across racks. The next generation of XPU compute fabric networks will transition to data rates of 200 Gbps per lane, where passive DACs fall short of meeting speed and distance requirements. To address this, cloud data centers will transition to a new type of interconnect that meets their specific requirements. Marvell introduced Alaska A for customers looking to extend copper capabilities using AECs, while others can leverage specialized LPO modules featuring the Marvell TIA and driver chipset. Designed for short and predictable host channels, these LPO modules enable longer reach, higher bandwidth and improved performance compared to copper interconnects. "Marvell 1.6 Tbps LPO TIA and laser driver chipset is designed to address the growing demand for short-reach, high-bandwidth interconnect solutions, where passive copper cables are hitting a wall," said Xi Wang , vice president of product marketing for Optical Connectivity at Marvell. "As AI-driven data centers continue to scale, optimizing interconnect solutions across each layer of the network is becoming increasingly critical. The new LPO chipset complements and expands our industry-leading 1.6 Tbps connectivity portfolio, to address the growing spectrum of interconnects that cloud operators are seeking to optimize." "LPO has been a technology in search of the right solution. By optimizing chipsets for short, inside-the-rack connections, Marvell brings clarity and focus to LPO, delivering it in a more compelling and scalable manner," said Alan Weckel , co-founder of 650 Group. "Marvell's innovative approach to achieving performance gains helps drive better AI cluster TCO and highlights the industry's direction in optimizing networking links." The 1.6 Tbps LPO chipset, one of the latest additions to the Marvell interconnect portfolio, is optimized for specific use cases to help data centers maximize infrastructure utilization and performance while reducing overall cost and power per bit. This extensive portfolio spanning optical and copper interconnects includes Ara , the industry's first 3nm PAM4 interconnect platform; Aquila , the industry's first O-band-optimized coherent-lite DSP platform; Nova family of PAM4 DSPs featuring 200 Gbps electrical and optical interfaces; and Alaska A PAM4 DSP for active electrical cables. LPO Chipset Key Features About Marvell To deliver the data infrastructure technology that connects the world, we're building solutions on the most powerful foundation: our partnerships with our customers. Trusted by the world's leading technology companies for over 25 years, we move, store, process and secure the world's data with semiconductor solutions designed for our customers' current needs and future ambitions. Through a process of deep collaboration and transparency, we're ultimately changing the way tomorrow's enterprise, cloud, automotive, and carrier architectures transform—for the better. Marvell and the M logo are trademarks of Marvell or its affiliates. Please visit www.marvell.com for a complete list of Marvell trademarks. Other names and brands may be claimed as the property of others. This press release contains forward-looking statements within the meaning of the federal securities laws that involve risks and uncertainties. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future events, results or achievements. Actual events, results or achievements may differ materially from those contemplated in this press release. Forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions that are difficult to predict, including those described in the "Risk Factors" section of our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and other documents filed by us from time to time with the SEC. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and no person assumes any obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise. For further information, contact: Kim Markle pr@marvell.com View original content to download multimedia: https://www.prnewswire.com/news-releases/marvell-introduces-1-6-tbps-lpo-chipset-to-enable-optical-short-reach-scale-up-compute-fabric-interconnects-302328139.html SOURCE Marvell Best trending stories from the week. Success! An email has been sent to with a link to confirm list signup. Error! There was an error processing your request. You may occasionally receive promotions exclusive discounted subscription offers from the Roswell Daily Record. Feel free to cancel any time via the unsubscribe link in the newsletter you received. 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Judge in Calgary asked to overturn new blanket residential zoning bylawDaniel Balakov About one month ago, I wrote an article about Quantum-Si, the Life Sciences Tools and Services company operating in the Health Care sector of the economy. In that article I analyzed the stock using my technical approach Analyst’s Disclosure: I/we have a beneficial long position in the shares of QSI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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YOU might not think a West Ham player could complain about it being "tough at the top". But Michail Antonio would disagree - and now has the proof! Advertisement 4 Michail Antonio pointed out his problem to the West Ham dugout Credit: Getty 4 Antonio went back on with a new version of his special top Credit: AFP The striker was involved in an unusual shirt change during the Hammers' shock 2-0 win at Newcastle. And the reason for his mishap was even more odd. Toon chief Eddie Howe no doubt tore a strip out of his home team as victory would have lifted them from tenth in the Premier League to fifth. But it was Antonio who managed to rip his uncomfortable top. Advertisement READ MORE FOOTBALL NEWS GET HIM LIN Gary Lineker calls for former England boss to replace Steve Cooper at Leicester It all stems from the Jamaica star alerting West Ham back in the summer that his shirt was too tight at the top. And rather than tough it out, it's understood he asked the club to put a slit in his collar. The Hammers agreed - meaning the 34-year-old has played the campaign in a customised shirt. However, not only did the top tear at the front at St James' Park, it opened up right down to the chest. Advertisement Most read in Football WRONG MOVE Joining Rangers was biggest mistake of my life - I could've played for Man Utd TICKED OFF McGinn's brief ultimatum for Villa v Celtic & prediction for Hoops v Club Brugge KEANE OBSERVER Sky Sports launch Roy Keane probe and ask Redknapp and co for statements VINDA-BLUES Gers greats from 9IAR era spotted at private meal with Helicopter Sunday heroes FOOTBALL FREE BETS AND SIGN UP DEALS Antonio had to point out the damage to his bench - before being kitted with another personalised shirt. His old one had come apart much like Newcastle's defence did at times - as West Ham slightly eased the pressure on boss Julen Lopetegui. Michail Antonio slept during West Ham's celebrations after European Conference League triumph The Spaniard insisted he has blocked out all the talk over his future. Advertisement However, he must have been feeling a little bit hot under the collar. Fortunately for Lopetegui, Tomas Soucek headed a tenth-minute opener and Aaron Wan-Bissaka clinched victory soon after the break. The Hammers remain 14th in the Prem but now have a six-point cushion from the relegation zone. Ex- Manchester United right-back Wan-Bissaka has only ever scored three goals - but two have come at Newcastle. Advertisement Lopetegui said: "We are happy. I think that we played well. "We played with one identity and we were able to overcome a very good team. Read more on the Scottish Sun 'DISAPPOINTED' Harry Potter steam train blasted by passengers who 'dreaded' return journey COLD BEERS SPFL side spotted going for a PINT after their bus got stuck in the snow I believe in the future. This team is going to be able to do the things and show the style as a team." 4 Antonio played the first 75 minutes as the Hammers stunned Newcastle Credit: Getty Advertisement 4 Lewis Hall tries in vain to get shirty with Antonio Credit: AFP

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Claire Hanna pays tribute to Jimmy Carter: ‘First US President to seriously engage with NI issues’JamesBrey/E+ via Getty Images We're initiating our coverage on Asana, Inc. ( NYSE: ASAN ) with a Buy after its recent 3QFY25 earnings triggered the stock to close 43% higher the day after, on Friday, with Wall Street taking notice of Asana's new AI Studio and 89% gross profit Tired of losing money? Our Tech Contrarians team of Wall Street analysts sifts through the noise in the tech industry and captures outperformers through a coveted research process. We let the work speak for itself here . Tech Stock Pros is a team of three former technology sector engineers with a long history of investing in the tech sector. Tech Contrarians Learn more Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

SAN FRANCISCO, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Stitch Fix, Inc. SFIX , the leading online personal styling service, today announced its financial results for the first quarter of fiscal year 2025, ended November 2, 2024. "Our fiscal year is off to a strong start. We exceeded our expectations in the first quarter on the top and bottom lines," said Matt Baer, Chief Executive Officer, Stitch Fix. "Our clients are responding to the newness we have brought to our assortment as well as the improvements we've made to our client experience. This progress is a testament to the Stitch Fix team's ongoing execution of our transformation strategy, and we continue to expect to return to revenue growth by the end of FY26." During the first quarter of fiscal 2024, we ceased operations of our UK business and met the accounting requirements for reporting the UK business as a discontinued operation. Accordingly, our unaudited condensed consolidated financial statements reflect the results of the UK business as a discontinued operation for all periods presented. Unless otherwise noted, amounts and disclosures below relate to our continuing operations. First Quarter Fiscal 2025 Key Metrics and Financial Highlights Net revenue of $318.8 million, a decrease of 12.6% year-over-year. Active clients of 2,434,000, a decrease of 74,000, or 3.0%, quarter-over-quarter; and a decrease of 555,000, or 18.6%, year-over-year. Net revenue per active client ("RPAC") of $531, an increase of 4.9% year-over-year. Gross margin of 45.4%, an increase of 180 basis points year-over-year, which reflects improved transportation leverage and product margins. Net loss of $6.3 million and diluted loss per share of $0.05. Adjusted EBITDA of $13.5 million, which reflects continued cost management discipline. Net cash provided by operating activities of $14.3 million and free cash flow of $9.9 million in the first fiscal quarter. We ended the quarter with $253.3 million of cash, cash equivalents, and investments; and no debt. Financial Outlook Our financial outlook for the second quarter of fiscal 2025, ending February 1, 2025, is as follows: Q2 2025 Net Revenue $290 million – $300 million (12)% – (9)% YoY Adjusted EBITDA $8 million – $13 million 2.8% – 4.3% margin Our fiscal year is a 52-week or 53-week period ending on the Saturday closest to July 31. The fiscal year 2025 is a 52-week year and the fiscal year 2024 was a 53-week year, with the extra week occurring in the fourth quarter ending August 3, 2024. Our financial outlook for fiscal year 2025 is as follows: Fiscal Year 2025 Net Revenue $1.14 billion – $1.18 billion (15)% – (12)% YoY (13)% – (10)% YoY adjusted to a 52-week period (1) Adjusted EBITDA $25 million – $36 million 2.2% – 3.1% margin (1) Full fiscal year 2024 net revenue from continuing operations has been adjusted to remove the impact of the 53rd week for year-over-year comparative purposes. We expect both the second quarter and full fiscal year 2025 gross margin to be approximately 44% to 45%, and full fiscal year 2025 advertising expense as a percentage of revenue to be at the high end of an 8% to 9% range. Stitch Fix has not reconciled its Adjusted EBITDA outlook to GAAP net income (loss) because it does not provide an outlook for GAAP net income (loss) due to the uncertainty and potential variability of restructuring and other one-time costs, net other income (expense), provision for income taxes, and stock-based compensation expense, which are reconciling items between Adjusted EBITDA and GAAP net income (loss). Because Stitch Fix cannot reasonably predict such items, a reconciliation of the non-GAAP financial measure outlook to the corresponding GAAP measure is not available without unreasonable effort. We caution, however, that such items could have a significant impact on the calculation of GAAP net income (loss). For more information regarding the non-GAAP financial measures discussed in this release, please see "Non-GAAP Financial Measures" below. Conference Call and Webcast Information Matt Baer, Chief Executive Officer of Stitch Fix, and David Aufderhaar, Chief Financial Officer of Stitch Fix, will host a conference call at 2:00 p.m. Pacific Time today to discuss the Company's financial results and outlook. A live webcast of the call will be accessible on the investor relations section of the Stitch Fix website at https://investors.stitchfix.com . To access the call by phone, please register at the following link: Dial-In Registration: https://register.vevent.com/register/BIb75f616c9a2a4320adf40088c7b87810 Upon registration, telephone participants will receive the dial-in number along with a unique PIN number that can be used to access the call. A replay of the webcast will also be available for a limited time at https://investors.stitchfix.com . About Stitch Fix, Inc. Stitch Fix SFIX is the leading online personal styling service that helps people discover the styles they will love that fit perfectly so they always look - and feel - their best. Few things are more personal than getting dressed, but finding clothing that fits and looks great can be a challenge. Stitch Fix solves that problem. By pairing expert stylists with best-in-class AI and recommendation algorithms, the company leverages its assortment of exclusive and national brands to meet each client's individual tastes and needs, making it convenient for clients to express their personal style without having to spend hours in stores or sifting through endless choices online. Stitch Fix, which was founded in 2011, is headquartered in San Francisco. For more information, please visit https://www.stitchfix.com . Forward-Looking Statements This press release, the related conference call, and webcast contain forward-looking statements within the meaning of the federal securities laws. All statements other than statements of historical fact could be deemed forward looking, including but not limited to statements regarding our expectations for future financial performance, including our profitability and long-term targets; guidance on financial results and metrics for the second quarter and full fiscal year of 2025; that the execution of our strategy and priorities will enable us to achieve long-term, sustainable, and profitable growth and positive free cash flow; our expectation to return to revenue growth by the end of fiscal year 2026; that the changes we have made to our client experience will help us acquire, retain, and reactivate highly engaged clients over time and better serve our clients; that our actions to make Stylists more visible to our clients will deepen relationships between clients and Stylists and increase client engagement; and our expectations regarding warehouse costs, transportation costs, gross margin, inventory levels, and advertising spend. These statements involve substantial risks and uncertainties, including risks and uncertainties related to the current macroeconomic environment; our ability to generate sufficient net revenue to offset our costs; consumer behavior; our ability to acquire, engage, and retain clients; our ability to provide offerings and services that achieve market acceptance; our data science and technology, Stylists, operations, marketing initiatives, and other key strategic areas; risks related to our inventory levels and management; risks related to our supply chain, sourcing of materials and shipping of merchandise; our ability to forecast our future operating results; and other risks described in the filings we make with the SEC. Further information on these and other factors that could cause our financial results, performance, and achievements to differ materially from any results, performance, or achievements anticipated, expressed, or implied by these forward-looking statements is included in filings we make with the SEC from time to time, including in the section titled "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended August 3, 2024. These documents are available on the SEC Filings section of the Investor Relations section of our website at: https://investors.stitchfix.com . We undertake no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law. The achievement or success of the matters covered by such forward-looking statements involves known and unknown risks, uncertainties, and assumptions. If any such risks or uncertainties materialize or if any of the assumptions prove incorrect, our results could differ materially from the results expressed or implied by the forward-looking statements we make. You should not rely upon forward-looking statements as predictions of future events. Forward-looking statements represent our management's beliefs and assumptions only as of the date such statements are made. Stitch Fix, Inc. Condensed Consolidated Balance Sheets (Unaudited) (In thousands, except per share amounts) November 2, 2024 August 3, 2024 Assets Current assets: Cash and cash equivalents $ 137,153 $ 162,862 Short-term investments 116,119 84,106 Inventory, net 119,145 97,903 Prepaid expenses and other current assets 20,099 21,839 Total current assets 392,516 366,710 Property and equipment, net 49,204 51,517 Operating lease right-of-use assets 60,616 63,780 Other long-term assets 4,783 4,857 Total assets $ 507,119 $ 486,864 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 114,386 $ 87,058 Operating lease liabilities 21,999 21,817 Accrued liabilities 69,352 73,007 Gift card liability 6,296 6,749 Deferred revenue 9,256 9,217 Other current liabilities 5,232 5,201 Current liabilities, discontinued operations 32 502 Total current liabilities 226,553 203,551 Operating lease liabilities, net of current portion 89,465 95,685 Other long-term liabilities 606 606 Total liabilities 316,624 299,842 Stockholders' equity: Class A common stock, $0.00002 par value 1 1 Class B common stock, $0.00002 par value 1 1 Additional paid-in capital 694,339 684,650 Accumulated other comprehensive income (loss) (295 ) (335 ) Accumulated deficit (473,509 ) (467,253 ) Treasury stock, at cost (30,042 ) (30,042 ) Total stockholders' equity 190,495 187,022 Total liabilities and stockholders' equity $ 507,119 $ 486,864 Stitch Fix, Inc. Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) (In thousands, except share and per share amounts) For the Three Months Ended November 2, 2024 October 28, 2023 Revenue, net $ 318,818 $ 364,785 Cost of goods sold 174,013 205,682 Gross profit 144,805 159,103 Gross margin 45.4 % 43.6 % Selling, general, and administrative expenses 153,771 187,764 Operating loss (8,966 ) (28,661 ) Interest income 2,932 2,248 Other income (expense), net (72 ) 411 Loss before income taxes (6,106 ) (26,002 ) Provision for income taxes 157 169 Net loss from continuing operations (6,263 ) (26,171 ) Net income (loss) from discontinued operations, net of income taxes 7 (9,319 ) Net loss (6,256 ) (35,490 ) Other comprehensive income (loss): Change in unrealized gains and losses on available-for-sale securities, net of tax 40 121 Foreign currency translation — (1,129 ) Total other comprehensive income (loss), net of tax 40 (1,008 ) Comprehensive loss $ (6,216 ) $ (36,498 ) Loss per share from continuing operations, attributable to common stockholders: Basic $ (0.05 ) $ (0.22 ) Diluted $ (0.05 ) $ (0.22 ) Loss per share from discontinued operations, attributable to common stockholders: Basic $ 0.00 $ (0.08 ) Diluted $ 0.00 $ (0.08 ) Loss per share attributable to common stockholders: Basic $ (0.05 ) $ (0.30 ) Diluted $ (0.05 ) $ (0.30 ) Weighted-average shares used to compute loss per share attributable to common stockholders: Basic 125,972,658 116,645,160 Diluted 125,972,658 116,645,160 Stitch Fix, Inc. Condensed Consolidated Statements of Cash Flow (Unaudited) (In thousands) For the Three Months Ended November 2, 2024 October 28, 2023 Cash Flows from Operating Activities from Continuing Operations Net loss from continuing operations $ (6,263 ) $ (26,171 ) Adjustments to reconcile net loss from continuing operations to net cash provided by operating activities from continuing operations: Change in inventory reserves 4,970 3,083 Stock-based compensation expense 12,650 19,902 Depreciation, amortization, and accretion 6,859 13,784 Other 34 19 Change in operating assets and liabilities: Inventory (26,212 ) (33,255 ) Prepaid expenses and other assets 1,771 2,800 Operating lease right-of-use assets and liabilities (2,874 ) (1,349 ) Accounts payable 27,223 34,709 Accrued liabilities (3,507 ) 7,502 Deferred revenue 39 (664 ) Gift card liability (453 ) (503 ) Other liabilities 31 702 Net cash provided by operating activities from continuing operations 14,268 20,559 Cash Flows from Investing Activities from Continuing Operations Proceeds from sale of property and equipment — 21 Purchases of property and equipment (4,323 ) (3,653 ) Purchases of securities available-for-sale (46,074 ) — Sales of securities available-for-sale 2,468 — Maturities of securities available-for-sale 12,200 12,820 Net cash provided by (used in) investing activities from continuing operations (35,729 ) 9,188 Cash Flows from Financing Activities from Continuing Operations Payments for tax withholdings related to vesting of restricted stock units (3,785 ) (4,008 ) Other — (100 ) Net cash used in financing activities from continuing operations (3,785 ) (4,108 ) Net increase (decrease) in cash and cash equivalents from continuing operations (25,246 ) 25,639 Cash Flows from Discontinued Operations Net cash used in operating activities from discontinued operations (463 ) (6,119 ) Net cash used in financing activities from discontinued operations — (164 ) Net decrease in cash and cash equivalents from discontinued operations (463 ) (6,283 ) Effect of exchange rate changes on cash and cash equivalents — (1,895 ) Net increase (decrease) in cash and cash equivalents (25,709 ) 17,461 Cash and cash equivalents at beginning of period 162,862 239,437 Cash and cash equivalents at end of period $ 137,153 $ 256,898 Supplemental Disclosure Cash paid for income taxes $ 521 $ 386 Supplemental Disclosure of Non-Cash Investing and Financing Activities Purchases of property and equipment included in accounts payable and accrued liabilities $ 43 $ 1,099 Capitalized stock-based compensation $ 824 $ 1,303 Non-GAAP Financial Measures We report our financial results in accordance with generally accepted accounting principles in the United States ("GAAP"). However, management believes that certain non-GAAP financial measures provide users of our financial information with additional useful information in evaluating our performance. We believe that adjusted EBITDA from continuing operations ("Adjusted EBITDA") is frequently used by investors and securities analysts in their evaluations of companies, and that this supplemental measure facilitates comparisons between continuing operations of companies. We believe free cash flow from continuing operations ("Free Cash Flow") is an important metric because it represents a measure of how much cash from continuing operations we have available for discretionary and non-discretionary items after the deduction of capital expenditures. These non-GAAP financial measures may be different than similarly titled measures used by other companies. Our non-GAAP financial measures should not be considered in isolation from, or as substitutes for, financial information prepared in accordance with GAAP. There are several limitations related to the use of our non-GAAP financial measures as compared to the closest comparable GAAP measures. Some of these limitations include: Adjusted EBITDA excludes interest income and net other (income) expense as these items are not components of our core business; Adjusted EBITDA does not reflect our provision for income taxes, which may increase or decrease cash available to us; Adjusted EBITDA excludes the recurring, non-cash expenses of depreciation and amortization of property and equipment and, although these are non-cash expenses, the assets being depreciated and amortized may have to be replaced in the future; Adjusted EBITDA excludes the non-cash expense of stock-based compensation, which has been, and will continue to be for the foreseeable future, an important part of how we attract and retain our employees and a significant recurring expense in our business; Adjusted EBITDA excludes costs incurred related to discrete restructuring plans and other one-time costs attributable to our continuing operations that are fundamentally different in strategic nature and frequency from ongoing initiatives. We believe exclusion of these items facilitates a more consistent comparison of operating performance over time, however these costs do include cash outflows; and Free Cash Flow does not represent the total residual cash flow available for discretionary purposes and does not reflect our future contractual commitments. Adjusted EBITDA We define Adjusted EBITDA as net loss from continuing operations excluding interest income, net other (income) expense, provision for income taxes, depreciation and amortization, stock-based compensation expense, and restructuring and other one-time costs related to our continuing operations. The following table presents a reconciliation of net loss from continuing operations, the most comparable GAAP financial measure, to Adjusted EBITDA for each of the periods presented: For the Three Months Ended (in thousands) November 2, 2024 October 28, 2023 Net loss from continuing operations $ (6,263 ) $ (26,171 ) Add (deduct): Interest income (2,932 ) (2,248 ) Other (income) expense, net 72 (411 ) Provision for income taxes 157 169 Depreciation and amortization (1) 7,385 9,439 Stock-based compensation expense 12,650 19,902 Restructuring and other one-time costs (2) 2,425 7,950 Adjusted EBITDA $ 13,494 $ 8,630 (1) For the three months ended October 28, 2023, depreciation and amortization excluded $4.3 million reflected in "Restructuring and other one-time costs." (2) For the three months ended November 2, 2024, restructuring charges were $1.0 million in severance and employee-related benefits and other restructuring costs; and other-one time costs were $1.4 million in one-time bonuses for certain continuing employees. For the three months ended October 28, 2023, restructuring charges were $8.0 million in severance and employee-related benefits, accelerated depreciation, and other restructuring costs. Free Cash Flow We define Free Cash Flow as net cash flows provided by operating activities from continuing operations, reduced by purchases of property and equipment that are included in cash flows from investing activities from continuing operations. The following table presents a reconciliation of net cash flows provided by operating activities from continuing operations, the most comparable GAAP financial measure, to Free Cash Flow for each of the periods presented: For the Three Months Ended (in thousands) November 2, 2024 October 28, 2023 Free Cash Flow reconciliation: Net cash provided by operating activities from continuing operations $ 14,268 $ 20,559 Deduct: Purchases of property and equipment from continuing operations (4,323 ) (3,653 ) Free Cash Flow $ 9,945 $ 16,906 Net cash provided by (used in) investing activities from continuing operations $ (35,729 ) $ 9,188 Net cash used in financing activities from continuing operations $ (3,785 ) $ (4,108 ) Operating Metrics (in thousands) November 2, 2024 August 3, 2024 April 27, 2024 January 27, 2024 October 28, 2023 Active clients 2,434 2,508 2,633 2,805 2,989 Net Revenue per Active Client $ 531 $ 533 $ 525 $ 515 $ 506 Active Clients We define an active client as a client who checked out a Fix or was shipped an item via Freestyle in the preceding 52 weeks, measured as of the last day of that period. Clients check out a Fix when they indicate what items they are keeping through our mobile application or on our website. We consider each Women's, Men's, or Kids account as a client, even if they share the same household. Net Revenue per Active Client We calculate net revenue per active client based on net revenue over the preceding four fiscal quarters divided by the number of active clients measured as of the last day of the period. IR Contact: PR Contact: ir@stitchfix.com media@stitchfix.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.