Gentex and ODC Network Break Ground on Innovative Preschool

Written by Customer Service on May 5, 2023. Posted in Public Companies.

Gentex Breaks Ground on Gentex Discovery Preschool Dozens of representatives from educational institutions, community organizations, economic development groups, and state and local government gathered today in Zeeland, Michigan, as Gentex Corporation and the ODC Network broke ground on the Gentex Discovery Preschool, an on-site daycare center and preschool designed to provide quality, subsidized childcare for the children of Gentex employees.Pictured (left to right)Laurel Grose, Site Director, Gentex Discovery PreschoolKevin Nash, CFO, Gentex; ODC Board MemberTravis Williams, CEO, ODC NetworkSteve Downing, President & CEO, GentexDwayne Masselink, Founder, InterActive Studio, LLC Future Home of the Gentex Discovery Preschool Gentex and ODC broke ground today on the Gentex Discovery Preschool in Zeeland, Michigan. The facility...

TDS Telecom remains on track in its multi-year fiber program

Written by Customer Service on May 5, 2023. Posted in Earnings Releases And Operating Results.

The Madison, Wisconsin-based company is more than halfway to goal of 1.2 million marketable fiber service addresses by 2026 Madison, Wisconsin, May 05, 2023 (GLOBE NEWSWIRE) — TDS Telecommunications LLC (TDS®) is pleased with its first quarter results and is on track to meet its operational and financial goals for the year. The telecommunications company deployed 25,000 marketable fiber service addresses in the quarter and remains confident it will reach 175,000 by year-end. Senior Vice President of Finance and CFO Michelle Brukwicki updated the company’s progress on its fiber expansion program, a multi-year journey that includes fiber construction in about 100 communities primarily in the Pacific Northwest and Wisconsin. TDS is targeting 1.2 million marketable fiber service addresses by 2026; it ended the quarter with 607,000....

Gouverneur Bancorp Announces Fiscal 2023 Second Quarter and Six Months Results

Written by Customer Service on May 5, 2023. Posted in Earnings Releases And Operating Results.

GOUVERNEUR, N.Y., May 05, 2023 (GLOBE NEWSWIRE) — Gouverneur Bancorp, Inc. (OTC Pink: GOVB) (the “Company”), the holding company for Gouverneur Savings and Loan Association (the “Bank”), today announced the results for the second quarter of fiscal year 2023 ended March 31, 2023. A Note to our Shareholders: On September 16, 2022, the acquisition of Citizens Bank of Cape Vincent (“CBCV”) was consummated, adding three additional full-service branches, in Cape Vincent, Chaumont, and LaFargeville. The Bank also established GS&L Municipal Bank, a subsidiary limited purpose municipal bank, to service the deposit needs of the area’s municipalities. As a result, fiscal year 2022 saw a rise in professional fees and other merger related expenses due to costs associated with the completion of the merger. The increased costs incurred by...

Boussard & Gavaudan Investment Management LLP: Form 8.3 – John Wood Group

Written by Customer Service on May 5, 2023. Posted in Mergers And Acquisitions.

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Boussard & Gavaudan Investment Management LLP Boussard & Gavaudan Gestion SAS acting on behalf of various funds (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree John Wood Group PLC (d) If an exempt fund manager connected with an offeror/offeree,...

Plains All American Reports First-Quarter 2023 Results; Reaffirms 2023 Guidance

Written by Customer Service on May 5, 2023. Posted in Earnings Releases And Operating Results.

HOUSTON, May 05, 2023 (GLOBE NEWSWIRE) — Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) today reported first-quarter 2023 results and reaffirmed 2023 guidance as highlighted below: First-Quarter Results Reported Net income attributable to PAA of $422 million and Net cash provided by operating activities of $743 million Delivered strong Adjusted EBITDA attributable to PAA of $715 million Generated Free Cash Flow of $823 million, including approximately $284 million of asset sales Reduced total debt by approximately $450 million Increased annualized common distribution by $0.20 to $1.07 per unit (~23% increase, paid in February) Reaffirmed 2023 Guidance Reaffirming full-year 2023 Adjusted EBITDA guidance attributable to PAA of $2.45 – $2.55 billion, year-end 2023 leverage of +/-...

Capital Product Partners L.P. Announces First Quarter 2023 Financial Results

Written by Customer Service on May 5, 2023. Posted in Earnings Releases And Operating Results.

ATHENS, Greece, May 05, 2023 (GLOBE NEWSWIRE) — Capital Product Partners L.P. (the “Partnership”, “CPLP” or “we” / “us”) (NASDAQ: CPLP), an international owner of ocean-going vessels, today released its financial results for the first quarter ended March 31, 2023. Highlights Three-month periods ended March 31, 2023 2022 Increase/(Decrease) Revenues $81.0 million $73.4 million 10% Expenses $45.1 million $40.2 million 12% Net Income $10.0 million $25.1 million (60%) Net Income per common unit $0.49 $1.26 (61%) Average number of vessels1 21.4 21.0 2% Operating Surplus2 and Operating Surplus after the quarterly allocation to the capital reserve for the first quarter of 2023 were $36.3 million and $3.0 million, respectively. Announced common unit distribution of $0.15 for the first quarter of 2023. Took delivery...

Arbor Realty Trust Reports First Quarter 2023 Results and Increases Dividend by $0.02 to $0.42 per Share

Written by Customer Service on May 5, 2023. Posted in Earnings Releases And Operating Results.

Company Highlights: Diversified, annuity-based operating platform with a multifamily focus that generates strong distributable earnings and dividends in all cycles GAAP net income of $0.46 per diluted common share Distributable earnings1 of $0.62 per diluted common share, well in excess of our current dividend, representing a 68% payout ratio Raised cash dividend on common stock to $0.42 per share; a $0.02 per share, or 5% increase, representing an annualized dividend of $1.68 per share Strong liquidity position with ~$785 million in cash and liquidity and ~$560 million of restricted cash in replenishable CLO vehicles with a weighted average cost of 1.64% over benchmark rates2 Agency loan originations of $1.09 billion and a servicing portfolio of ~$28.91 billion, up 3% Structured loan originations of $268.0 million and a portfolio of...

MakeMyTrip Limited to report Fiscal 2023 Fourth Quarter and Full Year Financial & Operating Results on May 16, 2023

Written by Customer Service on May 5, 2023. Posted in Earnings Releases And Operating Results.

Gurugram, May 04, 2023 (GLOBE NEWSWIRE) — MakeMyTrip Limited to report Fiscal 2023 Fourth Quarter and Full Year Financial & Operating Results on May 16, 2023 Gurugram and New York, May 05, 2023: MakeMyTrip Limited (Nasdaq: MMYT) plans to report its fiscal 2023 fourth quarter and full year financial and operating results before markets open on Tuesday, May 16, 2023. The company will post the release on its Investor Relations website https://investors.makemytrip.com/ and will not be distributing over newswires. A live Zoom Webinar with the senior management team will also be hosted on May 16, 2023 at 7:30 am EDT or 5:00 pm IST through the company’s Investor Relations website at https://investors.makemytrip.com/. To register for the webinar, please follow this link: https://makemytrip.zoom.us/webinar/register/WN_LOAbzEasSrG7FDO1QpFU1w Registered...

Ovid Therapeutics Reports First Quarter 2023 Financial Results and Corporate Updates

Written by Customer Service on May 5, 2023. Posted in Earnings Releases And Operating Results.

Initiated collaboration with Graviton Bioscience to develop selective ROCK2 inhibitors for rare neurological diseases Long-term data supporting soticlestat safety, tolerability and seizure-reduction efficacy presented by Takeda at the American Academy of Neurology meeting OV329 Phase 1 trial continues to progress on track with no safety signals Company to prioritize development of its clinical small molecule programs; intends to conclude and explore the out-licensing of its genetic medicine programs with Columbia University NEW YORK, May 05, 2023 (GLOBE NEWSWIRE) — Ovid Therapeutics Inc. (NASDAQ: OVID), a biopharmaceutical company committed to developing medicines that transform the lives of people with rare epilepsies and seizure-related disorders, today reported business updates and financial results for the first quarter...

Atlantica Reports Q1 2023 Financial Results

Written by Customer Service on May 5, 2023. Posted in Earnings Releases And Operating Results.

Atlantica Reports First Quarter 2023 Financial Results Revenue for the first quarter of 2023 reached $242.5 million, a 1.5% increase year-over-year on a comparable basis1 and a 2.0% decrease year-over-year. Adjusted EBITDA was $174.2 million for the first quarter of 2023, a 4.0% increase year-over-year on a comparable basis1 and a 0.3% increase year-over-year. Net loss for the first quarter of 2023 attributable to the Company was $11.0 million, compared with a net loss of $12.0 million in the first quarter of 2022. Cash available for distribution (“CAFD”) increased by 12.1% year-over-year up to $61.0 million in the first quarter of 2023 and by 4.6% on a comparable basis2. Quarterly dividend of $0.445 per share approved by the Board of Directors. May 5, 2023 – Atlantica Sustainable Infrastructure plc (NASDAQ: AY) (“Atlantica” or the...

Day: May 5, 2023

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