Day: October 23, 2023

Peak Bancorp, Inc. Announces Q3 2023 Results

Written by Customer Service on October 23, 2023. Posted in Earnings Releases And Operating Results.

MCCALL, Idaho, Oct. 23, 2023 (GLOBE NEWSWIRE) — Peak Bancorp, Inc., (the Company) (OTC: IDFB), the holding company for Idaho First Bank (the Bank), today announced unaudited financial results for the quarter ending September 30, 2023. Chief Executive Officer Todd Cooper commented, “As a result of our continued focus on relationship banking, Net Interest Income improved over the prior periods as loan balances grew and the net interest margin improved slightly. The team has stayed diligent in controlling non-interest expenses and the result is our most profitable quarter of 2023.” YTD through Q3 2023 vs. YTD through Q3 2022Net Interest Income increased 16% from $14.57 million to $16.93 million as a result of loan and deposit growth, and improved net interest margin. Net Income after tax increased 59% from $2.61 million to $4.15...

Advanced Emissions Solutions Provides Update on Red River Expansion Plan

Written by Customer Service on October 23, 2023. Posted in Public Companies.

Company working with the State of Louisiana on a five-phase capital plan at Red River with initial construction set to begin in November Initial investment of $45-50 million with option to expand scope up to $251 million at the Company’s sole discretion GREENWOOD VILLAGE, Colo., Oct. 23, 2023 (GLOBE NEWSWIRE) — Advanced Emissions Solutions, Inc. (NASDAQ: ADES) (the “Company” or “ADES”), a producer of activated carbon, and other environmentally efficient carbon products for use in purification, sustainable energy, sustainable materials and energy transition, today announced that the initial phase of construction at Red River is expected to begin in November. The initial phase of construction will include the installation of new shaping and heat treatment processes to leverage its new high performance and...

TFI International Announces 2023 Third Quarter Results

Written by Customer Service on October 23, 2023. Posted in Earnings Releases And Operating Results.

Third quarter operating income of $200.6 million compares to $318.4 million the same quarter last year, reflecting reduced freight volumes and non-recurring costs, including the prior year divestiture of CFI and the related gain, $5.6 million and $75.7 million, respectively, $5.5 million of IT systems and related transition expenses in U.S. LTL, a $4.7 million expense for the MTM of director share units, and $2.9 million unfavorable currency translation impact1 relative to the same period last year. Third quarter net income of $133.3 million compared to $245.2 million in Q3 2022, while adjusted net income1 of $136.0 million compared to $181.2 million as a result of the items described above. Third quarter diluted earnings per share (diluted “EPS”) of $1.54 compared to $2.72 in Q3 2022, while adjusted diluted EPS1 of $1.57 compared to...

Biora Therapeutics to Submit Updated IND Application for BT-600

Written by Customer Service on October 23, 2023. Posted in Public Companies.

Biora anticipates remaining on track with its phase 1 clinical trial execution timeline Update to include supplemental information and allow additional time to complete regulatory review SAN DIEGO, Oct. 23, 2023 (GLOBE NEWSWIRE) — Biora Therapeutics, Inc. (Nasdaq: BIOR), the biotech company that is reimagining therapeutic delivery, today announced an update regarding its Investigational New Drug (IND) application. The IND application supports the next phase of development of BT-600, a drug/device combination designed to use Biora’s NaviCap™ ingestible drug delivery device with a proprietary liquid formulation of tofacitinib, for the treatment of moderate to severe ulcerative colitis. “Near the end of the review period, the FDA requested additional information on our IND for BT-600 and will need additional time to complete...

Algoma Steel to Announce Fiscal 2024 Second Quarter Results November 2, 2023

Written by Customer Service on October 23, 2023. Posted in Public Companies.

SAULT STE. MARIE, Ontario, Oct. 23, 2023 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today that the Company will release its fiscal 2024 second quarter financial results after the market closes on Thursday, November 2, 2023. A webcast and conference call will be held on Friday, November 3, 2023 at 10:00 a.m. Eastern Time to review the Company’s results, discuss recent events, and conduct a question-and-answer session. The live webcast and archived replay of the conference call can be accessed on the Investors section of the Company’s website at www.algoma.com. For those unable to access the webcast, the conference call will be accessible domestically or internationally by dialing 877-425-9470...

Brown & Brown, Inc. announces third quarter 2023 results, including total revenues of $1,067.7 million, an increase of 15.1%; Organic Revenue growth of 9.6%; diluted net income per share of $0.62; and Diluted Net Income Per Share – Adjusted of $0.71

Written by Customer Service on October 23, 2023. Posted in Earnings Releases And Operating Results.

DAYTONA BEACH, Fla., Oct. 23, 2023 (GLOBE NEWSWIRE) — Brown & Brown, Inc. (NYSE:BRO) (the “Company”) today announced its unaudited financial results for the third quarter of 2023. Revenues for the third quarter of 2023 under U.S. generally accepted accounting principles (“GAAP”) were $1,067.7 million, increasing $140.1 million, or 15.1%, compared to the third quarter of the prior year, with commissions and fees increasing by 13.4% and Organic Revenue increasing by 9.6%. Income before income taxes was $242.3 million, increasing 11.1% from the third quarter of the prior year with Income Before Income Taxes Margin decreasing to 22.7% from 23.5%. EBITDAC – Adjusted was $370.3 million, increasing 27.0% from the third quarter of the prior year with EBITDAC Margin – Adjusted increasing to 34.7%...

NanoXplore to Host a Webcast to Discuss First Quarter Results on November 8, 2023

Written by Customer Service on October 23, 2023. Posted in Earnings Releases And Operating Results.

MONTREAL, Oct. 23, 2023 (GLOBE NEWSWIRE) — NanoXplore Inc. (“NanoXplore”) (TSX: GRA and OTCQX: NNXPF) is pleased to hold a webcast to discuss the results of its first quarter ended September 30, 2023, on Wednesday, November 8, 2023, at 8:30 a.m. Eastern Time. The financial results will be released on Tuesday, November 7, 2023, after the market close. Details of the Q1 Webcast When: November 8, 2023, at 8:30 a.m. Eastern Time Webcast: To listen to the live webcast, please join and register at: https://edge.media-server.com/mmc/p/w8ckjavr or via our website under Events and Presentations in our Investors section at www.nanoxplore.ca A replay of the event will be available at the above webcast link or in the Investors section under Events and Presentations of the Company’s website at www.nanoxplore.ca. About NanoXplore Inc. NanoXplore...

Methanex Invests USD $2 Million to Support Decent Youth Employment in Egypt Through Partnership With International Labour Organization

Written by Customer Service on October 23, 2023. Posted in Public Companies.

VANCOUVER, British Columbia, Oct. 23, 2023 (GLOBE NEWSWIRE) — Methanex Corporation (TSX:MX) (NASDAQ:MEOH), the world’s largest producer and supplier of methanol, is pleased to announce that its Methanex Egypt office has signed a new five-year partnership with the International Labour Organization (ILO) Cairo Office to support the Decent Jobs for Egypt’s Young People (DJEP) program. Through a USD $2 million donation by Methanex Egypt, the program will create 1,000 jobs, promote entrepreneurship, facilitate job matching and build the capacity of local service providers to help youth in the Damietta region. This unique partnership is a testament to Methanex’s commitment to making a positive impact on people’s lives through its business. “I’m proud of the ILO’s positive impact on the Damietta community through...

SmartFinancial Announces Results for the Third Quarter 2023

Written by Customer Service on October 23, 2023. Posted in Public Companies.

KNOXVILLE, Tenn., Oct. 23, 2023 (GLOBE NEWSWIRE) — SmartFinancial, Inc. (“SmartFinancial” or the “Company”; NASDAQ: SMBK), today announced net income of $2.1 million, or $0.12 per diluted common share, for the third quarter of 2023, compared to net income of $11.5 million, or $0.68 per diluted common share, for the third quarter of 2022, and compared to prior quarter net income of $8.8 million, or $0.52 per diluted common share. Operating earnings1, which excludes securities gains (losses) and merger related and restructuring expenses, net of tax adjustments, totaled $7.2 million, or $0.43 per diluted common share, in the third quarter of 2023, compared to $11.6 million, or $0.69 per diluted common share, in the third quarter of 2022, and compared to $8.8 million, or $0.52 per diluted common share, in the...

Parker to Announce Fiscal 2024 First Quarter Earnings on November 2; Conference Call and Webcast Scheduled for 11 a.m. Eastern

Written by Customer Service on October 23, 2023. Posted in Earnings Releases And Operating Results.

CLEVELAND, Oct. 23, 2023 (GLOBE NEWSWIRE) — Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2024 first quarter earnings before the market opens on Thursday, November 2, 2023, followed by a conference call at 11:00 a.m., Eastern time. During the call, the company will discuss fiscal 2024 first quarter results and respond to questions from institutional investors and security analysts. The conference call will be webcast simultaneously on Parker’s investor information website at www.phstock.com with an accompanying slide presentation. The webcast will be archived on the site and available for replay later that day. Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century the company...

Day: October 23, 2023

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