Day: May 1, 2023

CVR Energy Reports First Quarter 2023 Results and Announces a Cash Dividend of 50 Cents

CVR Energy Reports First Quarter 2023 Results and Announces a Cash Dividend of 50 Cents

SUGAR LAND, Texas, May 01, 2023 (GLOBE NEWSWIRE) — CVR Energy, Inc. (“CVR Energy” or the “Company”) (NYSE: CVI) today announced net income of $195 million, or $1.94 per diluted share, on net sales of $2.3 billion for the first quarter of 2023, compared to net income of $94 million, or 93 cents per diluted share, on net sales of $2.4 billion for the first quarter of 2022. Adjusted earnings for the first quarter of 2023 was $1.44 per diluted share compared to adjusted earnings of 2 cents per diluted share in the first quarter of 2022, primarily driven by improved crack spreads. First quarter 2023 EBITDA was $401 million, compared to first quarter 2022 EBITDA of $278 million. Adjusted EBITDA for the first quarter of 2023 was $334 million, up from $155 million in the first quarter of 2022. “CVR Energy reported solid results for the...

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Vornado Announces First Quarter 2023 Financial Results

Vornado Announces First Quarter 2023 Financial Results

NEW YORK, May 01, 2023 (GLOBE NEWSWIRE) — Vornado Realty Trust (NYSE: VNO) reported today: Quarter Ended March 31, 2023 Financial Results NET INCOME attributable to common shareholders for the quarter ended March 31, 2023 was $5,168,000, or $0.03 per diluted share, compared to $26,478,000, or $0.14 per diluted share, for the prior year’s quarter. Adjusting for the items that impact period-to-period comparability listed in the table below, net income attributable to common shareholders, as adjusted (non-GAAP) for the quarter ended March 31, 2023 was $2,373,000, or $0.01 per diluted share, and $31,682,000, or $0.16 per diluted share for the prior year’s quarter. FUNDS FROM OPERATIONS (“FFO”) attributable to common shareholders plus assumed conversions (non-GAAP) for the quarter ended March 31, 2023 was $119,083,000,...

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Middlesex Water Reports First Quarter 2023 Earnings

Middlesex Water Reports First Quarter 2023 Earnings

ISELIN, N.J., May 01, 2023 (GLOBE NEWSWIRE) — Middlesex Water Company (“Middlesex” or the “Company”) (NASDAQ:MSEX) a provider of water and wastewater services, today reported first quarter financial results. First Quarter 2023 ResultsQuarterly consolidated operating revenues rose $2.0 million to $38.2 million compared to the same period in 2022. Revenues in our Middlesex System increased $2.2 million primarily due to the final phase of the 2021 New Jersey Board of Public Utilities’ approved base rate increase on January 1, 2023 and higher contract customer demand. In our Delaware system, revenues decreased $0.5 million due to lower customer connection fees and lower revenue from a Delaware Public Service Commission rate reduction order in 2022. Non-regulated revenues increased $0.3 million primarily due to higher supplemental contract...

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DSS Inc. Announces Distribution Date of Sharing Services Shares to DSS Shareholders

DSS Inc. Announces Distribution Date of Sharing Services Shares to DSS Shareholders

Distribution Date of May 4, 2023 Set for Stock Dividend of Sharing Services Shares (SHRG) ROCHESTER, N.Y., May 01, 2023 (GLOBE NEWSWIRE) — DSS, Inc. (“DSS” or the “Company”) (NYSE American: DSS), a multinational company operating nine business divisions through strategic acquisitions and development to build shareholder value through periodic spinoffs, announced today the distribution date for the common stock of Sharing Services Global Corporation (“Sharing Services” or “SHRG”) that is beneficially held by DSS, directly and through its subsidiary, Decentralized Sharing Systems, Inc. (“DSSI”). As previously announced, DSS Inc., together with its subsidiary DSSI, distributed (the “Distribution”) approximately 280 million shares of Sharing Services’ common stock beneficially held by DSS and DSSI in a distribution to holders of DSS...

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