Day: February 9, 2023

SAN CARLOS, Calif., Feb. 09, 2023 (GLOBE NEWSWIRE) — Oportun Financial Corporation (Nasdaq: OPRT) (“Oportun”, or the “Company”) today announced a plan to streamline its operations, intended to assure that the Company’s resources are efficiently allocated in the current macroeconomic environment. “We are taking a series of cost reduction measures that include the very difficult decision to reduce the size of our corporate staff by approximately 10%,” said Raul Vazquez, CEO of Oportun. “These actions are aimed at positioning Oportun to perform efficiently, while maintaining our high standards for serving our members. I remain confident that we will emerge from this challenging economic environment a stronger company than ever before, just as Oportun did following the pandemic and the financial crisis.” The Company...

CINCINNATI, Feb. 09, 2023 (GLOBE NEWSWIRE) — Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of grocery-anchored omni-channel neighborhood shopping centers, reported net income attributable to stockholders of $13.7 million, or $0.12 per diluted share, for the three months ended December 31, 2022, and net income attributable to stockholders of $48.3 million, or $0.42 per diluted share, for the full year ended December 31, 2022. Highlights for the Fourth Quarter Ended December 31, 2022Nareit FFO totaled $70.6 million, or $0.54 per diluted share Core FFO totaled $74.3 million, or $0.56 per diluted share Same-center NOI increased 2.8% versus the three months ended December 31, 2021 Leased portfolio occupancy increased by 30 basis points over the prior...

Demonstrated NX-2127 overcomes BTK inhibitor resistance mutations and provides clinical benefit to patients with hematological malignancies Achieved significant milestones in wholly owned clinical programs and partnered preclinical programs Maintained strong financial position with year-end cash and marketable securities totaling $373 million SAN FRANCISCO, Feb. 09, 2023 (GLOBE NEWSWIRE) — Nurix Therapeutics, Inc. (Nasdaq: NRIX), a clinical stage biopharmaceutical company developing targeted protein modulation drugs designed to treat patients with hematologic malignancies and solid tumors, today reported financial results for the fourth quarter and fiscal year ended November 30, 2022 and provided a corporate update. “In 2022, Nurix achieved multiple ‘firsts’ in oncology with our drug candidates, establishing Nurix as the leader...

JACKSONVILLE, Fla., Feb. 09, 2023 (GLOBE NEWSWIRE) — Regency Centers Corporation (“Regency” or the “Company”) (Nasdaq: REG) today reported financial and operating results for the period ended December 31, 2022. For the three months ended December 31, 2022 and 2021, Net Income was $0.56 per diluted share and $0.39 per diluted share, respectively. For the twelve months ended December 31, 2022 and 2021, Net Income was $2.81 per diluted share and $2.12 per diluted share, respectively. Fourth Quarter and Full Year 2022 HighlightsReported Nareit FFO of $1.05 per diluted share for the fourth quarter, and $4.10 per diluted share for the full year Reported Core Operating Earnings of $0.98 per diluted share for the fourth quarter, and $3.83 per diluted share for the full year Generated Core Operating Earnings per share year-over-year growth,...

Strong Fiscal Q1 SaaS Bookings Position Company for Significant SaaS Revenue Growth SAN DIEGO, Feb. 09, 2023 (GLOBE NEWSWIRE) — Genasys Inc. (NASDAQ: GNSS), the global leader in critical communications systems and solutions that help keep people safe, today announced financial results for the Company’s fiscal first quarter ended December 31, 2022. Richard S. Danforth, Chief Executive Officer of Genasys, Inc., commented, “We are off to a strong start in fiscal year 2023 with our largest SaaS bookings quarter to date. Our software business continues to gain momentum, as evidenced by the $6.1 million in SaaS bookings in the fiscal first quarter. The strong bookings were driven by contracts from Aramco and the California counties of San Diego, Riverside, San Mateo and Monterey. These results, along with our rapidly growing SaaS...

WINTER PARK, Fla., Feb. 09, 2023 (GLOBE NEWSWIRE) — Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company” or “PINE”) today announced its operating results and earnings for the quarter and year ended December 31, 2022. Select HighlightsReported Net Income per diluted share attributable to the Company of $0.34 and $2.17 for the quarter and year ended December 31, 2022, respectively. Reported FFO per diluted share of $0.37 and $1.73 for the quarter and year ended December 31, 2022, respectively. Reported AFFO per diluted share of $0.41 and $1.77 for the quarter and year ended December 31, 2022, respectively. Acquired seven retail net lease properties during the fourth quarter of 2022 for total acquisition volume of $41.7 million, reflecting a weighted average going-in cash cap rate of 7.4%. Sold five net lease properties...