Month: September 2023

The Joint Corp. Provides Updates on the June 30, 2023 SEC 10-Q Filing

Written by Customer Service on September 6, 2023. Posted in Public Companies.

SCOTTSDALE, Ariz., Sept. 06, 2023 (GLOBE NEWSWIRE) — The Joint Corp. (NASDAQ: JYNT), a national operator, manager, and franchisor of chiropractic clinics, announced the company intends to restate previously issued audited financial statements as of and for the year ending December 31, 2022 contained in the Annual Report on Form 10-K for the year ended December 31, 2022 and the unaudited interim financial statements contained in the Quarterly Reports on Form 10-Q for the quarters and cumulative periods ended June 30, 2022, and September 30, 2022 (the “Previously Issued Financial Statements”) related to the reacquisition of regional developer rights and transfer pricing adjustments for the Company’s variable interest entities. Background and Determination The Company enters into agreements with its regional developers (the “RD Agreements”)....

Intact Financial Corporation and RSA to acquire Direct Line Insurance Group plc’s brokered Commercial Lines operations

Written by Customer Service on September 6, 2023. Posted in Mergers And Acquisitions.

Not for distribution to U.S. Newswire services or for dissemination in the United States Strengthening RSA’s leading UK Commercial Lines platformEnhances the profitability and growth profile of the UK & International (UK&I) business through increased focus on Royal & Sun Alliance Insurance Limited’s (RSA) outperforming Commercial Lines business Increases RSA’s presence in the attractive UK Commercial Lines market, where it will become the third largest player with an estimated 7% market share Broadens RSA’s broker distribution network and expands our current Commercial Lines product offering Accretive to Net Operating Income Per Share (NOIPS)1 in 2024, with low single-digit accretion by Year 3 Expected Internal Rate of Return (IRR)2 in excess of 15% and immediately accretive to Book Value Per Share (BVPS)3 by 2% Strategic...

Intapp Announces Fourth Quarter and Full Fiscal Year 2023 Financial Results

Written by Customer Service on September 6, 2023. Posted in Earnings Releases And Operating Results.

Fourth quarter SaaS and support revenue of $67.8 million, up 29% year-over-year Fourth quarter total revenue of $94.6 million, up 25% year-over-year Cloud annual recurring revenue (ARR) of $222.3 million, up 36% year-over-yearPALO ALTO, Calif., Sept. 06, 2023 (GLOBE NEWSWIRE) — Intapp, Inc. (NASDAQ: INTA), a leading provider of cloud software for the global professional and financial services industry, announced its financial results for the fourth quarter and full fiscal year ended June 30, 2023. Intapp also provided its outlook for the first quarter and full fiscal year of 2024. “We are pleased to report another strong year, with great results across the business and steady demand for our purpose-built cloud solutions,” said John Hall, CEO of Intapp. “This year we added new clients, grew existing relationships, released new...

GameStop Discloses Second Quarter 2023 Results

Written by Customer Service on September 6, 2023. Posted in Earnings Releases And Operating Results.

GRAPEVINE, Texas, Sept. 06, 2023 (GLOBE NEWSWIRE) — GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today released financial results for the second quarter ended July 29, 2023. The Company’s condensed and consolidated financial statements, including GAAP and non-GAAP results, are below. The Company’s Form 10-Q and supplemental information can be found at https://investor.gamestop.com. SECOND QUARTER OVERVIEWNet sales were $1.164 billion for the period, compared to $1.136 billion in the prior year’s second quarter. Selling, general and administrative (“SG&A”) expenses were $322.5 million, or 27.7% of net sales for the period, compared to $387.5 million, or 34.1% of net sales, in the prior year’s second quarter. Net loss was $2.8 million for the period, compared to a net loss of $108.7 million for...

Sportsman’s Warehouse Holdings, Inc. Announces Second Quarter 2023 Financial Results

Written by Customer Service on September 6, 2023. Posted in Earnings Releases And Operating Results.

WEST JORDAN, Utah, Sept. 06, 2023 (GLOBE NEWSWIRE) — Sportsman’s Warehouse Holdings, Inc. (“Sportsman’s Warehouse” or the “Company”) (Nasdaq: SPWH) today announced financial results for the thirteen weeks ended July 29, 2023. “We were disappointed with our second quarter results and the slow-down in store traffic, as the challenging macroeconomic conditions continue to pressure consumer discretionary spending,” said Joseph Schneider, interim CEO and Chair of the Board. “Given results came in below our expectations, we are taking additional actions to reduce our overall expense structure to closer align with current sales trends. Additionally, we will be more aggressive and strategic with our promotional activity to drive foot traffic to our stores and leverage our omni-channel platform to provide consumers with an industry...

Dave & Buster’s Reports Record Second Quarter 2023 Financial Results; Company Increases Remaining Share Repurchase Program Authorization to $200 Million

Written by Customer Service on September 6, 2023. Posted in Earnings Releases And Operating Results.

DALLAS, Sept. 06, 2023 (GLOBE NEWSWIRE) — Dave & Buster’s Entertainment, Inc., (NASDAQ: PLAY), (“Dave & Buster’s” or “the Company”), an owner and operator of entertainment and dining venues, today announced financial results for its second quarter ended July 30, 2023. Key Second Quarter 2023 HighlightsSecond quarter revenue of $542.1 million increased 15.7% from the second quarter of 2022. Including the pro forma contribution of Main Event in the second quarter of 2022, year-over-year revenue decreased $2.5 million, or 0.5%. Pro forma combined comparable store sales (including Main Event branded stores) decreased 6.3% compared with the same period in 2022 and increased 5.8% compared with the same period in 2019. Net income totaled $25.9 million, or $0.60 per diluted share, compared...

Calavo Growers, Inc. Announces Third Quarter 2023 Financial Results

Written by Customer Service on September 6, 2023. Posted in Earnings Releases And Operating Results.

SANTA PAULA, Calif., Sept. 06, 2023 (GLOBE NEWSWIRE) — Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of convenient, ready-to-eat fresh food, today reported its financial results for the fiscal third quarter ended July 31, 2023. Third Quarter Financial OverviewTotal net sales of $259.9 million, a 24% decrease from the prior year quarterGrown segment net sales decreased 30% to $144.5 million Prepared segment net sales decreased 14% to $115.8 millionGross profit of $25.0 million, compared to $18.5 million for the prior year quarterGrown segment gross profit increased $9.6 million to $21.4 million Prepared segment gross profit decreased $3.1 million to $3.7 millionNet income of $6.6 million, or $0.37 per diluted share, compared to $1.3 million, or $0.07 per diluted share, for the...

Volcon ePowersports Reports Corrected Second Quarter 2023 Operational and Financial Results

Written by Customer Service on September 6, 2023. Posted in Earnings Releases And Operating Results.

AUSTIN, Texas, Sept. 06, 2023 (GLOBE NEWSWIRE) — Volcon Inc. (NASDAQ: VLCN) (“Volcon” or the “Company”), the first all-electric, off-road powersports company, today corrected its operational highlights and financial results for the second quarter of 2023 that were previously released on August 11, 2023. The previously reported adjusted EBITDA amounts were incorrectly reported for the impacts of share-based compensation, depreciation and amortization expense and interest expense for the three and six months ended June 30, 2023. The GAAP reported amounts were correct in the previous earnings release. The Company also updated its expected shipping date of the Grunt EVO to customers to begin in September 2023. Company Highlights:● As of June 30, 2023, we have 142 dealers● Taken delivery of our first eight Stag validation...

Deep-South Closed First Tranche of a Non-Brokered Private Placement

Written by Customer Service on September 6, 2023. Posted in Public Companies.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Sept. 06, 2023 (GLOBE NEWSWIRE) — Deep-South Resources Inc. (“Deep-South” or the Company) (TSX-V: DSM) announces that the Company closed the first tranche of the recently announced non-brokered private placement. The first tranche closed for an amount of $265,447. The private placement is nearly fully subscribed and the second tranche will close on or about September 20, 2023. The first tranche will comprise 4,083,800 units at a price of $0.065 per unit. Each unit (“Unit”) will consist of one (1) common share and one half (1/2) of one common share purchase warrant (“Warrant”). Each whole Warrant will entitle the holder thereof to purchase one (1) common share at an exercise price of $0.10 for...

Cumulus Media’s Westwood One Launches 37th Consecutive Season As the Exclusive Primetime Network Radio Partner of the NFL

Written by Customer Service on September 6, 2023. Posted in Public Companies.

Westwood One’s NFL Primetime Game Broadcasts Available to Fans on Westwoodonesports.com, Affiliated Stations’ Primary Digital Platforms, NFL+ and the NFL App Coverage Kicks Off September 7 when the Super Bowl Champion Kansas City Chiefs host the Detroit Lions NEW YORK, Sept. 06, 2023 (GLOBE NEWSWIRE) — Cumulus Media’s (NASDAQ: CMLS) Westwood One, the largest audio network in the U.S., will provide exclusive play-by-play coverage of the National Football League’s entire primetime regular season as well as every postseason game, marking the 37th consecutive season that Westwood One is the exclusive network radio partner of the NFL. This will be the 51st time that the network will broadcast the Super Bowl to a national audience. Westwood One Sports will provide play-by-play coverage of the NFL’s 2023 national regular season primetime...

Month: September 2023

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