Month: July 2023

Continued Increase in Contract Rates Highlights Q2 2023Produced Revenues of $186.4 million, compared to $209.7 million in Q2 2022 Produced EBITDA of $113.1 million, compared to $129.4 million in Q2 2022 Produced EBIT (ex. Impairments and other charges, net) of $23.2 million, compared to $50.1 million in Q2 2022 Revenues and Other Income according to IFRS of $156.0 million, compared to $273.6 million in Q2 2022 Cash flow from operations of $99.4 million, compared to $43.7 million in Q2 2022 Commenced acquisition of PGS first offshore wind site characterization survey Secured another multi-season MultiClient project in the Norwegian Sea, evidencing renewed exploration interest in the region“We achieved a MultiClient pre-funding level of 127% of capitalized cash cost in the quarter, and we continue to deliver improving rates and margins...

Highlights, second quarterSales grew strongly with a 74-percent revenue increase compared with the first quarter of 2023 Cash position increased by 20 percent since the end of Q1 2023, to SEK 252 M Inventories declined 26 percent since the end of the first quarter of 2023, with a positive effect on cash flow Healthy growth in PCs and Mobile Continued price pressure within Mobile and weak quarterly sales in Payment and Access had a negative impact on Group gross marginSecond quarter of 2023Revenues amounted to SEK 203.3 M (228.1) The gross margin was 13.1 percent (31.1) EBITDA amounted to negative SEK 57.7 M (pos: 6.5) The operating result was a negative SEK 75.7 M (neg: 12.2) Earnings per share before and after dilution amounted to a negative SEK 0.18 (neg: 0.03) Cash flow from operating activities was SEK 52.4 M (neg: 28.3)January-June...

OSLO, Norway (20 July 2023) – TGS today reported interim financial results for Q2 2023. The quarter reflected a continued improvement in market conditions, with strong growth in both POC revenues (1) and contract inflow. Financial highlights:POC revenues (1) were 241 million compared to 136 million in Q2 2022 POC EBITDA of USD 132 million versus USD 103 million in Q2 2022 POC operating result was USD 39 million compared to USD 42 million in Q2 2022. Multi-client contract inflow of USD 180 million during Q2 2023 compared to USD 156 million in Q2 2022 – total POC order backlog including Acquisition of USD 417 million Strong performance by the Acquisition business unit – gross revenues of USD 114 million, 10% increase compared to Q2 2022 pro-forma Dividend of USD 0.14 (NOK 1.41) per share to be paid in Q3 2023 IFRS revenues (1)...

HALF-YEAR REPORT for 1 January – 30 June 2023 SOLID IMPLEMENTATION OF PROFIT IMPROVEMENT PROGRAM CONTINUED Verkkokauppa.com Oyj         HALF-YEAR REPORT        20 July 2023, 8:00 a.m. EEST Verkkokauppa.com arranges two virtual news conferences on a result publication day. News conference in Finnish will be held at 10:00 am Finnish time. News conference for analysts and institutional investors in English will be at 11:00 am Finnish time. Details of the events and how to participate can be found at the end of this release. This is a summary of Verkkokauppa.com’s January-June 2023 Half-year Report. The complete report is attached to this release and also available at https://investors.verkkokauppa.com/en Unless otherwise stated, the comparison figures in brackets refer to the corresponding period in the previous year (reference period)....

Nokia CorporationHalf Year Financial Report20 July 2023 at 08:00 EEST Nokia Corporation Financial Report for Q2 and Half Year 2023 Resilient performance amidst macro uncertaintyQ2 net sales flat y-o-y in constant currency (-3% reported). Enterprise net sales grew 27% y-o-y in constant currency (25% reported). Comparable gross margin declined 180bps y-o-y to 38.8% (reported declined 200bps to 38.2%) due to regional mix in Mobile Networks, partly offset by a strong Network Infrastructure margin and catch-up net sales in Nokia Technologies. Comparable operating margin declined y-o-y by 120bps to 11.0% (reported declined 130bps to 8.3%), due to the above mentioned gross margin factors, partly offset by lower operating expenses and higher other operating income. Comparable diluted EPS of EUR 0.07; reported diluted EPS of EUR 0.05. Free...

Preliminary Financial Results and Other Matters for the Quarter and Six Months Ended June 30, 2023:Significant Expense Item: During the three months ended June 30, 2023, the Company recorded expenses in Legal and Professional Fees totaling $1.0 million related to training and implementation costs for its upcoming core systems conversion and professional fees to consultants engaged to support the Company in its transition of core and ancillary software and information technology systems. Liquidity: The Company had secured borrowing line availability at the FHLBank and Federal Reserve Bank of $1.2 billion and $410 million, respectively, at June 30, 2023. In addition, at June 30, 2023, the Company had unpledged securities with a market value totaling $582 million, which could be pledged as collateral for additional borrowing capacity at...

ROSEMONT, Ill., July 19, 2023 (GLOBE NEWSWIRE) — Wintrust Financial Corporation (“Wintrust”, “the Company”, “we” or “our”) (Nasdaq: WTFC) announced record net income of $334.9 million or $5.18 per diluted common share for the first six months of 2023 compared to net income of $221.9 million or $3.56 per diluted common share for the same period of 2022, an increase in diluted earnings per common share of 46%. Pre-tax, pre-provision income (non-GAAP) for the first six months of 2023 totaled $506.5 million as compared to $329.9 million in the first six months of 2022, an increase in pre-tax, pre-provision income of 54%. The Company recorded quarterly net income of $154.8 million or $2.38 per diluted common share for the second quarter of 2023, a decrease in diluted earnings per common share of 15% compared to the first quarter of...