Ready Capital Corporation Announces Completion of Merger

Written by Customer Service on May 31, 2023. Posted in Mergers And Acquisitions.

NEW YORK, May 31, 2023 (GLOBE NEWSWIRE) — Ready Capital Corporation (NYSE:RC) (“Ready Capital” or the “Company”) today announced that it has completed the previously announced merger (“Merger”) pursuant to the terms of the Merger Agreement, dated as of February 26, 2023, by and among Ready Capital, a multi-strategy real estate finance company that originates, acquires, finances and services small-to-medium balance commercial loans, Broadmark Realty Capital Inc. (NYSE:BRMK) (“Broadmark”), a specialty real estate finance company that specializes in originating and servicing residential and commercial construction loans, and RCC Merger Sub, LLC, a Delaware limited liability company and wholly owned subsidiary of Ready Capital (“Merger Sub”). May 30, 2023 was the last day on which Broadmark’s common...

Victoria’s Secret & Co. Reports First Quarter 2023 Results

Written by Customer Service on May 31, 2023. Posted in Earnings Releases And Operating Results.

Provides second quarter and updated full year 2023 guidance REYNOLDSBURG, Ohio, May 31, 2023 (GLOBE NEWSWIRE) — Victoria’s Secret & Co. (“Victoria’s Secret” or the “Company”) (NYSE: VSCO) today reported 2023 financial results for the first quarter ended April 29, 2023. Chief Executive Officer Martin Waters commented, “The first quarter continued to be a volatile macro environment for our customer and as the quarter progressed business became more challenging. Sales were in-line with our original expectations; however, we were more promotional than planned and ended the quarter at the lower-end of our adjusted operating income guidance. Sales performance was particularly challenging in our core categories where there was significant decline in the overall stores and digital intimates market in North America. Inventory levels...

AMSC Reports Fourth Quarter and Full Fiscal Year 2022 Financial Results and Provides Business Outlook

Written by Customer Service on May 31, 2023. Posted in Earnings Releases And Operating Results.

Company to host conference call tomorrow, June 1 at 10:00 am ET AYER, Mass., May 31, 2023 (GLOBE NEWSWIRE) — AMSC (Nasdaq: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™, and that protect and expand the capability and resiliency of our Navy’s fleet, today reported financial results for its fourth quarter and fiscal year ended March 31, 2023 (“fiscal 2022”). Revenues for the fourth quarter of fiscal 2022 were $31.7 million compared with $28.3 million for the same period of fiscal 2021. The year-over-year increase was a result of higher Grid segment revenues, primarily driven by strong new energy power system sales. AMSC’s net loss for the fourth quarter of fiscal 2022 was $6.9 million, or $0.25 per share, compared to net...

Triumph Financial Announces Dividend for 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock

Written by Customer Service on May 31, 2023. Posted in Dividend Reports And Estimates.

DALLAS, May 31, 2023 (GLOBE NEWSWIRE) — Triumph Financial, Inc. (the “Company”) (Nasdaq: TFIN) today announced that the Company’s Board of Directors declared a quarterly cash dividend of $17.81 per share on its 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock, represented by depositary shares (NASDAQ: TFINP), each representing a 1/40th interest in a share of preferred stock. Holders of depositary shares will receive $0.44525 per depositary share. The dividend is payable on June 30, 2023, to holders of record at the close of business on June 15, 2023. About Triumph Financial Triumph Financial, Inc. (Nasdaq: TFIN) is a financial holding company focused on payments, factoring and banking. Headquartered in Dallas, Texas, its diversified portfolio of brands includes TriumphPay, Triumph and TBK Bank. www.tfin.com Forward-Looking...

nCino Reports First Quarter Fiscal Year 2024 Financial Results

Written by Customer Service on May 31, 2023. Posted in Earnings Releases And Operating Results.

• Total Revenues of $113.7M, up 21% year-over-year• Subscription Revenues of $97.3M, up 23% year-over-year• Cash from Operating Activities of $31.3M and GAAP Loss from Operations of $(8.6)M• Company Achieves Record Free Cash Flow of $29.7M and Record Non-GAAP Operating Income of $10.9M WILMINGTON, N.C., May 31, 2023 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced financial results for the first quarter of fiscal year 2024, ended April 30, 2023. “We are pleased to begin the year reporting a strong quarter with record operating income and free cash flow,” said Pierre Naudé, Chairman and Chief Executive Officer of nCino. “I’m incredibly proud of how our teams continue to deliver for our customers around the globe. The record number of attendees earlier...

Credo Technology Group Holding Ltd Reports Fourth Quarter and Fiscal Year 2023 Financial Results

Written by Customer Service on May 31, 2023. Posted in Earnings Releases And Operating Results.

SAN JOSE, Calif., May 31, 2023 (GLOBE NEWSWIRE) — Credo Technology Group Holding Ltd (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, today reported financial results for the fourth quarter and full fiscal year 2023, ended April 29, 2023. Fourth Quarter of Fiscal Year 2023 Financial Highlights Revenue of $32.1 million, decreased by 14.5% year over year GAAP gross margin of 57.9% and non-GAAP gross margin of 58.2% GAAP operating expenses of $35.0 million and non-GAAP operating expenses of $27.2 million GAAP net loss of $15.9 million and non-GAAP net loss of $5.7 million GAAP diluted net loss per share of $0.11 and non-GAAP diluted net loss...

Athene Holding Ltd. Declares Second Quarter 2023 Preferred Stock Dividends

Written by Customer Service on May 31, 2023. Posted in Dividend Reports And Estimates.

HAMILTON, Bermuda, May 31, 2023 (GLOBE NEWSWIRE) — Athene Holding Ltd. (“Athene”) announced that it has declared the following preferred stock dividends on its non-cumulative preference shares (represented by depositary shares, each representing a 1/1,000th interest in a preference share), payable on June 30, 2023 to holders of record as of June 15, 2023. Quarterly dividend of $396.875 per share on the company’s 6.35% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares, Series A (the “Series A Preference Shares”); holders of depositary shares will receive $0.396875 per depositary share. Quarterly dividend of $351.5625 per share on the company’s 5.625% Fixed Rate Perpetual Non-Cumulative Preference Shares, Series B (the “Series B Preference Shares”); holders of depositary shares will receive $0.3515625 per depositary...

TeraWulf to Present at LD Micro Invitational XIII Conference on June 6, 2023

Written by Customer Service on May 31, 2023. Posted in Public Companies.

EASTON, Md., May 31, 2023 (GLOBE NEWSWIRE) — TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), owner and operator of vertically integrated, domestic Bitcoin mining facilities powered by more than 91% zero-carbon energy, today announced that its Chief Financial Officer, Patrick Fleury, will present at the LD Micro Invitational XIII Conference being held at the Luxe Sunset Boulevard Hotel in Los Angeles, CA June 6 – 8, 2023. The event is expected to feature 150+ companies, presenting in half-hour increments, as well as private one-on-one meetings. LD Micro Main Event Invitational XIII Conference Date: June 6 – 8, 2023Location: Los Angeles, CAPresentation Time: Tuesday, June 6, 2023 at 6:00 pm ET (3:00 pm PT) / Track 3Webcast: https://ldinv13.sequireevents.com/Format: In-person 1×1’s and PresentationsSpeaker: Chief...

UAB “Atsinaujinančios energetikos investicijos“ publishes interim financial statements for the 3-month period of 2023

Written by Customer Service on May 31, 2023. Posted in Public Companies.

UAB “Atsinaujinančios energetikos investicijos” (the Company) publishes its unaudited interim condensed consolidated financial statements for the 3-month period of 2023. Financial results The Company’s objective is to earn a return for the Company’s investors from investments in facilities of the renewable energy infrastructure and related assets. The main financial indicators for the period were: As at 31 March 2023, the Company’s total assets were EUR 160 466 thousand, total equity was EUR 107 262 thousand, and total liabilities were EUR 53 204 thousand. As at 31 March 2023, the Company’s investment assets at fair value through profit or loss were EUR 154 481 thousand, which compared to 31 December 2022, grew by EUR 9 573 thousand or 6.20%. The Company’s total comprehensive loss for the period was EUR -760 thousand. During the 3-month...

TABLE TRAC INC. INITIATES AGGRESSIVE EXPANSION PLAN

Written by Customer Service on May 31, 2023. Posted in Public Companies.

MINNETONKA, Minn., May 31, 2023 (GLOBE NEWSWIRE) — Table Trac, Inc. (OTCQX: TBTC), a developer and provider of casino information and management systems that automate and monitor the operations of casinos, today announced Jeff Baldi has joined the company as Senior Vice President of Commercial Strategy, responsible for the company’s Sales & Marketing strategies to expand on record-breaking revenues in 2022. Mr. Baldi comes to Table Trac, Inc. with more than 27 years of Casino Operations and Manufacturing experience; his teams have been recognized in Deloitte’s Technology Fast 500 and by Inc. 5000, for Revenue Growth. “I am excited and humbled to join such a great team. The heritage and culture created by our executive leadership are reflected in our 280+ installed casinos,” said Jeff Baldi. “Bringing Jeff Baldi into...

Day: May 31, 2023

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