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Day: August 16, 2023

Dycom Industries, Inc. to Host Fiscal 2024 Second Quarter Results Conference Call

PALM BEACH GARDENS, Fla., Aug. 16, 2023 (GLOBE NEWSWIRE) — Dycom Industries, Inc. (NYSE: DY) will host a conference call to discuss fiscal 2024 second quarter results on Wednesday, August 23, 2023, at 9:00 a.m. Eastern time. Dycom will issue a press release reporting its results earlier that morning. Interested parties may participate in the question and answer session of the conference call by registering at https://register.vevent.com/register/BI288e769471ed45fd907adb9c35fcd006. Upon registration, participants will receive a dial-in number and unique PIN to access the call. Participants are encouraged to join approximately ten minutes prior to the scheduled start time. For all other attendees, a live listen-only audio webcast of the call, including an accompanying slide presentation, can be accessed directly at https://edge.media-server.com/mmc/p/gexod6ui....

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SeaChange Adopts Tax Benefits Preservation Plan to Protect Tax Assets

BOSTON, Aug. 16, 2023 (GLOBE NEWSWIRE) — SeaChange International, Inc. (NASDAQ: SEAC), (“SeaChange” or the “Company”), a leading provider of video delivery, advertising, streaming platforms, and emerging Free Ad-Supported Streaming TV services (FAST) development, today announced that its Board of Directors (the “Board”) adopted a Tax Benefits Preservation Plan, dated August 16, 2023 (the “Plan”), by and between the Company and Computershare Trust Company, N.A., as rights agent, that is intended to protect and preserve the ability of the Company to use its existing net operating loss carryforwards and certain other tax assets (collectively, the “NOLs”) to reduce the Company’s potential future federal income tax obligations. As of January 31, 2023, the Company had United States federal NOLs of approximately $131 million. The Plan...

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ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of July 2023

DENVER, Aug. 16, 2023 (GLOBE NEWSWIRE) — ArrowMark Financial Corp., (NASDAQ: BANX) (“ArrowMark Financial”), today announced that BANX’s estimated and unaudited Net Asset Value (“NAV”) as of July 31, 2023, was $21.55. This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended July 31, 2023. About ArrowMark Financial Corp. ArrowMark Financial Corp. is an SEC registered non-diversified, closed-end fund listed on the NASDAQ Global Select Market under the symbol “BANX.” Its investment objective is to provide shareholders with current income. BANX pursues its objective by investing primarily in regulatory capital securities of financial institutions. BANX is managed by ArrowMark Asset Management, LLC. To learn more, visit ir.arrowmarkfinancialcorp.com, or contact Destra at...

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Ponce Financial Group, Inc. Announces Completion of Share Repurchase Program

NEW YORK, Aug. 16, 2023 (GLOBE NEWSWIRE) — Ponce Financial Group, Inc., (the “Company”) (NASDAQ: PDLB), the holding company for Ponce Bank (the “Bank”), announced today that it has completed repurchasing 1,235,000 shares of its common stock representing approximately 5% of the issued and outstanding shares of the Company at the time the plan was implemented. The repurchases were made pursuant to a pre-arranged stock repurchase plan adopted by the Company in accordance with the guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. Repurchased shares will be held by the Company as treasury shares and may be used to fund restricted stock units and option grants under the Company’s existing equity plan or any equity plans adopted in the future. About Ponce Financial Group, Inc. Ponce Financial...

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SMG Industries Inc. Reports Record Revenues of $21.8 Million for the Second Quarter 2023 (Excludes Contribution from the Barnhart Acquisition Completed July 2023)

HOUSTON, TX, Aug. 16, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – SMG Industries Inc. (“SMG” or the “Company”) (OTCQB: SMGI), a growth-oriented transportation services company specializing in the full-service logistics market, today reported financial results for its second quarter and year to date ended June 30, 2023. Second Quarter 2023 Highlights (Financial Results Herein Exclude the Barnhart Acquisition Completed July 2023): ·       Revenues increased approximately 21% for the three months ended June 30, 2023 compared to the three months ended June 30, 2022;·       Gross Profit improved to $2.9 million, or 14% of sales, for the three months ended June 30, 2023, compared to gross profit of $1.1 million, or 6% of sales, for the same period in 2022;·       Net loss improved to $1.8 million for the second quarter of 2023, compared...

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Canadian Net REIT Announces 2023 Second-Quarter Results

– REIT also announces monthly distributions for Q4 2023 – MONTRÉAL , Aug. 16, 2023 (GLOBE NEWSWIRE) — Canadian Net Real Estate Investment Trust (“Canadian Net” or the “REIT”) (TSX-V: NET.UN) today reported its results for the quarter ended June 30th, 2023 (“Q2 2023”). The REIT also announced distributions for the months of October, November and December 2023. “I am pleased to share the release of our Q2 results. Despite the challenging interest rate environment, I am delighted to share that our REIT has displayed resilience and steadiness, credited to our triple net and management-free strategy combined with our history of conservative financing.” said Kevin Henley, President and CEO. “Our FFO per unit1 for consecutive quarters remained consistent, with a 3% increase over the 6-month period. Despite the various uncertainties...

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KULR Announces Proposed Public Offering of Common Stock

SAN DIEGO, Aug. 16, 2023 (GLOBE NEWSWIRE) — KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a global leader in sustainable energy management, today announced that it intends to offer and sell shares of its common stock in an underwritten public offering. All of the shares of common stock in the underwritten public offering are to be sold by the Company. The Company also expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the number of shares of common stock offered in the public offering solely to cover over-allotments, if any. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. The Company intends to use the net...

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Paycor Announces Fourth Quarter and Fiscal Year 2023 Financial Results

Q4 Total revenues of $140.0 million, an increase of 26% year-over-year, while expanding margins Q4 Recurring revenue of $129.0 million, an increase of 18% year-over-year FY’23 Total revenues of $552.7 million, an increase of 29% year-over-year FY’24 revenue guidance of $644 – $650 million, an increase of 18% year-over-year at the top end of the rangeCINCINNATI, Aug. 16, 2023 (GLOBE NEWSWIRE) — Paycor HCM, Inc. (Nasdaq: PYCR) (“Paycor”), a leading provider of human capital management (“HCM”) software, today announced financial results for the fourth quarter and full fiscal year 2023, which ended June 30, 2023. “Paycor delivered strong revenue growth of 26% for the quarter and 29% for the year, driven by continued robust demand for our open, modern HCM solution,” said Raul Villar, Jr., Chief Executive Officer of Paycor....

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Winnebago Industries Board of Directors Approves 15% increase to Quarterly Cash Dividend

Winnebago Industries has paid a quarterly dividend for 37 consecutive quarters, and has increased the quarterly dividend in each of the last five years EDEN PRAIRIE, Minn., Aug. 16, 2023 (GLOBE NEWSWIRE) — Winnebago Industries, Inc. (NYSE:WGO), a leading outdoor lifestyle product manufacturer, today announced that the Company’s Board of Directors approved a quarterly cash dividend of $0.31 per share payable on September 27, 2023, to common stockholders of record at the close of business on September 13, 2023. Today’s dividend declaration represents a 15 percent increase, or $0.04 per share, from the previous quarter. “Our team is focused on serving our customers, operating our business with discipline, and creating sustainable value for our shareholders,” said Michael Happe, Winnebago Industries’ President and Chief Executive Officer....

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KULR Technology Group Reports Second Quarter 2023 Financial Results and Provides Full-Year Revenue Guidance

Company Estimates Full-Year 2023 Revenue Between $10 Million and $14 Million SAN DIEGO, Aug. 16, 2023 (GLOBE NEWSWIRE) — KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a global leader in sustainable energy management, today reported results for the second quarter ended June 30, 2023. Second Quarter 2023 Financial Results Revenues: In the second quarter ended June 30, 2023, revenue increased to $2.7 million from $0.6 million reported in the same period last year for an approximately 360% increase. Contract Services revenue increased over 2300%, with second quarter 2023 contract services revenue of approximately $0.7 million versus $0.03 million in the prior year period. Product revenue for the quarter ending June 30, 2023, was approximately $2.0 million from approximately $0.6...

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