Month: May 2023

ATLANTA, May 05, 2023 (GLOBE NEWSWIRE) — Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) today announced financial results for the first quarter ended March 31, 2023, reflecting our total revenue of $801 million, that was above our revenue guidance and total operating expenses (before depreciation, amortization and loss on disposal of assets) of $640 million, which, after excluding $35 million of production segment operating charges as discussed below, was near the low end of our expense guidance for the quarter. Gray took several steps in the first quarter to manage its leverage and ensure its access to ample liquidity should macroeconomic circumstances become more challenging the rest of this year. Overall, our businesses have started 2023 in a strong position. The first quarter of 2023 produced record results,...

Poste Italiane Financials Poste Italiane is staying the course on growth and ended the first quarter of 2023 with a solid financial performance, broadly in line with the year’s guidance. The Group’s net profit amounted to €540 million, an increase of 9.4% compared to the previous year (€494 million).MILAN, Italy, May 05, 2023 (GLOBE NEWSWIRE) — Poste Italiane is staying the course on growth and ended the first quarter of 2023 with a solid financial performance, broadly in line with the year’s guidance. The Group’s net profit amounted to €540 million, an increase of 9.4% compared to the previous year (€494 million). In the first three months of 2023, Poste achieved an operating result of €767 million, a strong growth of 11.2% year-on-year thanks to the positive contribution of all business lines. Highlights...

FREMONT, Calif., May 05, 2023 (GLOBE NEWSWIRE) — ACM Research, Inc. (“ACM” or the “Company”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today reported financial results for its first quarter ended March 31, 2023. “We delivered 76% revenue growth and good profitability. Our team executed well through the relaxed COVID policy, initial impacts from the U.S. advanced node export restrictions, and the Chinese New Year holiday,” said ACM’s President and Chief Executive Officer, Dr. David Wang. “Our results demonstrate the positive trajectory of ACM’s multi-product portfolio strategy. We had good growth from cleaning and increased contribution from our ECP, furnace, and other technologies. I am also pleased with our technical progress and growing...

Swamy Kotagiri, Magna’s Chief Executive Officer “Our strong first quarter operating performance reflects strong earnings on higher organic sales. More importantly, we are taking targeted actions to reduce expenses and optimize our cost structure. Our increased outlook is based on the strength of our first quarter results and the expected benefit of these targeted actions. We are highly focused on executing our strategy and remain confident in our ability to meet our long-term growth and margin outlook.”Sales increased 11% to $10.7 billion, compared to a global light vehicle production that rose 3% Diluted earnings per share and Adjusted diluted earnings per share were $0.73 and $1.11, respectively Paid dividends of $132 million Raised Adjusted EBIT Margin Outlook range to 4.7%-5.1% from 4.1%-5.1%AURORA, Ontario, May 05,...

Grieg Seafood ASA will release its first quarter 2023 results on Friday, 12 May 2023, at 6:00 a.m. CEST. The same day at 8:00 a.m. CEST, CEO Andreas Kvame and CFO Atle Harald Sandtorv will present the results live at Hotel Continental, Stortingsgaten 24/26, Oslo. Following the presentation, it will be opened up for questions from the audience. The presentation and the subsequent Q&A will be held in Norwegian. A live webcast from the presentation can be accessed at www.investor.griegseafood.com or with the following link: https://channel.royalcast.com/landingpage/hegnarmedia/20230512_1/. Webcast participants need to register to post questions. A recording of the webcast and an English transcript of the webcast will be made available on our website.      For further enquiries, please contact: Andreas Kvame, CEO Cell phone: +47 907...

Amsterdam, 5 May 2023 – Brunel International N.V. (Brunel; BRNL), a global provider of flexible workforce solutions and expertise, today announced its first quarter (Q1) 2023 results.Key points        Revenue of EUR 317 million, up 15% (19% like-for-like)   Gross profit of EUR 68.8 million, up 11% (15% like-for-like) EBIT of EUR 15.8 million, up 1% (6% like-for-like)Jilko Andringa, CEO of Brunel International N.V.: “We continued to demonstrate strong organic revenue growth across all regions and in all strategic markets. The expected development of our chosen focus markets continues to be very positive and that’s why we continue to invest accordingly in our organization. We were able to mostly offset inflation-related salary increases as well as higher cost associated with continued growth-related investments. As a result, our like-for-like...

Boreo Plc, INTERIM REPORT JAN. 1 TO MAR. 31, 2023 May 5, 2023, at 9:00 EET Strong growth of earnings January-March 2023Net sales grew by 29% to EUR 41.0 million (2022: 31.7). Operational EBIT increased by 81% to EUR 2.1 million (5.1% of net sales) (2022: 1.2). EBIT grew clearly by 149% to EUR 1.4 million (2022: 0.6). Net cash flow from operating activities was EUR 0.8 million (2022: 1.5 including operations discontinued in 2022). The profit for the period under review totaled EUR 0.5 million (2022: EUR 0.3 million). Operational EPS was EUR 0.28 (2022: 0.23). EPS was EUR 0.07 (2022: 0.05). Net debt relative to operational EBIT of the previous 12 months was 2.4 (2022: 2.1 and 2.2 at the end of 2022) Return on capital employed was 11.3% (2022: 11.3% and 10.4% at the end of 2022) In January 2023, Boreo announced that it had agreed with...

In Q1 2023, Enefit Green group operating income increased by 16% y-o-y to €77.5m, but growth in operating expenses drove EBITDA down by 10% y-o-y to €41.1m. During the quarter, the group earned net profit of €30.5m (€0.12 per share), which is 13% lower than in Q1 2022. Aavo Kärmas, Chairman of the management Board of Enefit Green comments: “The beginning of the year has brought relief to prices that have remained exceptionally high. Market prices have been affected by the warm winter, high wind and hydro production and sufficient European natural gas reserves pushing down gas prices. Enefit Green has a clear road map to quadruple the production capacity on its core markets in the coming years. We invested nearly 92 million euros in the first quarter and continued our development work to increase the production of renewable electricity. Thanks...