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Day: October 25, 2023

FTAI Aviation Ltd. Reports Third Quarter 2023 Results, Declares Dividend of $0.30 per Ordinary Share

NEW YORK, Oct. 25, 2023 (GLOBE NEWSWIRE) — FTAI Aviation Ltd. (NASDAQ: FTAI) (the “Company” or “FTAI”) today reported financial results for the third quarter 2023. The Company’s consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release. Financial Overview(in thousands, except per share data)Selected Financial Results Q3’23Net Income Attributable to Shareholders $ 32,973Basic Earnings per Ordinary Share from Continuing Operations $ 0.33Diluted Earnings per Ordinary Share from Continuing Operations $ 0.33Adjusted EBITDA(1) $ 154,218_______________________________(1) For definitions and reconciliations of non-GAAP measures, please refer to the exhibit to this press release. Third Quarter 2023 Dividends On October 25, 2023, the Company’s Board of...

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ARMOUR Residential REIT, Inc. Announces Q3 Results and September 30, 2023 Financial Position; Increased Stock Repurchase Authorization

VERO BEACH, Florida, Oct. 25, 2023 (GLOBE NEWSWIRE) — ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR PRC) (“ARMOUR” or the “Company”) today announced the Company’s Q3 results and September 30, 2023 financial position. All common share and per common share amounts reflect the previously announced one-for-five reverse stock split (the “Reverse Stock Split”), which was completed on September 29, 2023. ARMOUR’s Q3 2023 ResultsLoss attributable to common stockholders of $(182.2) million or $(3.92) per common share. Net interest income of $3.6 million. Distributable Earnings available to common stockholders of $50.2 million, which represents $1.08 per common share (see explanation of this non-GAAP measure on page 3). Asset yield of 4.65%, less net cost of funds of 2.92% for a net interest margin of 1.73%. Paid common...

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Plexus Announces Fiscal Fourth Quarter and Fiscal Year 2023 Financial Results

NEENAH, WI, Oct. 25, 2023 (GLOBE NEWSWIRE) — Plexus Corp. (NASDAQ: PLXS) today announced financial results for our fiscal fourth quarter and fiscal year ended September 30, 2023, and guidance for our fiscal first quarter 2024 ending December 30, 2023.Reports fiscal fourth quarter 2023 revenue of $1.02 billion, GAAP operating margin of 5.2% and GAAP diluted EPS of $1.44, including $0.21 of stock-based compensation expense Reports record fiscal 2023 revenue of $4.21 billion, GAAP operating margin of 4.7% and GAAP diluted EPS of $4.95, including $0.75 of restructuring and other charges as well as $0.76 of stock-based compensation expense Reports fiscal 2023 non-GAAP operating margin of 5.2% and non-GAAP EPS of $5.70, including $0.76 of stock-based compensation expense Initiates fiscal first quarter 2024 revenue guidance of $990...

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California Water Service Group Board of Directors Declares 315th Consecutive Quarterly Dividend

SAN JOSE, Calif., Oct. 25, 2023 (GLOBE NEWSWIRE) — At its meeting today, the California Water Service Group (NYSE: CWT) Board of Directors declared the company’s 315th consecutive quarterly dividend in the amount of $0.26 per common share. It will be payable on November 17, 2023, to stockholders of record as of the close of business on November 6, 2023. California Water Service Group is the parent company of regulated utilities California Water Service, Hawaii Water Service, New Mexico Water Service, and Washington Water Service, as well as Texas Water Service, a utility holding company. Together, these companies provide regulated and non-regulated water and wastewater service to more than 2.1 million people in California, Hawaii, New Mexico, Washington, and Texas. California Water Service Group’s common stock trades on the New...

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TGS and PGS Execute Definitive Merger Agreement

OSLO, NORWAY (25 October 2023) – Reference is made to the joint announcement on 18 September 2023 made by TGS ASA (“TGS“, OSE: TGS) and PGS ASA (“PGS“, OSE: PGS) regarding the combination of the two companies (the “Merger“) to establish the premier energy data company. TGS and PGS jointly announce today that their respective boards of directors have unanimously approved and decided upon a definitive merger agreement in line with the terms previously announced. The Merger is to be structured as a statutory, triangular merger between TGS Newco AS, a newly established wholly owned subsidiary of TGS designated for such purpose (“TGS NewCo“), TGS and PGS in accordance with Chapter 13 of the Norwegian Companies Act. TGS NewCo will be the surviving entity and merger consideration will be provided...

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TGS and PGS Execute Definitive Merger Agreement

OSLO, NORWAY (25 October 2023) – Reference is made to the joint announcement on 18 September 2023 made by TGS ASA (“TGS“, OSE: TGS) and PGS ASA (“PGS“, OSE: PGS) regarding the combination of the two companies (the “Merger“) to establish the premier energy data company. TGS and PGS jointly announce today that their respective boards of directors have unanimously approved and decided upon a definitive merger agreement in line with the terms previously announced. The Merger is to be structured as a statutory, triangular merger between TGS Newco AS, a newly established wholly owned subsidiary of TGS designated for such purpose (“TGS NewCo“), TGS and PGS in accordance with Chapter 13 of the Norwegian Companies Act. TGS NewCo will be the surviving entity and merger consideration will be...

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Arcutis to Report Third Quarter 2023 Financial Results

WESTLAKE VILLAGE, Calif., Oct. 25, 2023 (GLOBE NEWSWIRE) — Arcutis Biotherapeutics, Inc. (Nasdaq: ARQT), an early commercial-stage company focused on developing meaningful innovations in immuno-dermatology, today announced that it will host a conference call and webcast at 8:30 a.m. ET on Friday, November 3, 2023 to report its third quarter financial results and provide a business update. A live webcast of the call and the presentation material will be available on the “Events” section of the Company’s investor website. An archived replay of the webcast will be available on the Arcutis investor website following the conference. About ArcutisArcutis Biotherapeutics, Inc. (Nasdaq: ARQT) is an early commercial-stage medical dermatology company that champions meaningful innovation to address the urgent needs of individuals living with...

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EDPR NA Distributed Generation Launches 23 MW Solar Plus 60 MWh Storage Project for Mohave Electric Cooperative

EDPR NA DG and MEC Ribbon-Cutting CeremonyLocal government officials join EDPR NA DG and MEC leadership to celebrate new renewable energy installation.FORT MOHAVE, ARIZONA, Oct. 25, 2023 (GLOBE NEWSWIRE) — EDPR NA Distributed Generation (EDPR NA DG), a U.S. leader in the distributed generation sector, announced a 23.27 MWdc ground-mount solar array system coupled with a 15 megawatt (MW) / 60 megawatt-hour (MWh) energy storage system for Mohave Electric Cooperative (MEC), a not-for-profit distribution cooperative in Arizona. Together, the solar + storage system will help MEC provide renewable power, mitigate peak period energy use, and ultimately, stabilize energy costs for its 36,700 members. Tyler Carlson, Chief Executive Officer of Mohave Electric Cooperative, stated, “We are pleased to be working with EDP Renewables...

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PGS and TGS execute definitive merger agreement

Oslo, 25 October 2023: Reference is made to the joint announcement on 18 September 2023 made by PGS ASA (“PGS“, OSE: PGS) and TGS ASA (“TGS“, OSE: TGS) regarding the combination of the two companies (the “Merger“) to establish the premier energy data company. PGS and TGS jointly announce today that their respective boards of directors have approved and decided upon a definitive merger agreement, in line with the terms previously announced. The Merger is to be structured as a statutory, triangular merger between TGS Newco AS, a newly established wholly owned subsidiary of TGS designated for such purpose (“TGS NewCo“), TGS and PGS in accordance with Chapter 13 of the Norwegian Companies Act. TGS NewCo will be the surviving entity and merger consideration will be provided to the PGS shareholders...

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MDxHealth to Present Third Quarter 2023 Financial Results and Corporate Update on November 8

NEWS RELEASE25 OCTOBER 2023, 4PM ET / 22:00 CET MDxHealth to Present Third Quarter 2023 Financial Results and Corporate Update on November 8 Company to Host Conference Call with Live Q&A, November 8, 2023 at 4:30pm ET/ 22:30 CET IRVINE, CA, and HERSTAL, BELGIUM – October 25, 2023 – MDxHealth SA (NASDAQ/Euronext: MDXH), a commercial-stage precision diagnostics company, today announced it will release its financial results for the third quarter and nine-month period ended September 30, 2023, after market close on Wednesday, November 8, 2023.Title:MDxHealth Presents Third Quarter 2023 Financial Results and Corporate Update Conference Call and WebcastSpeakers: Michael K. McGarrity, Chief Executive OfficerRon Kalfus, Chief Financial OfficerDate: November 8, 2023Time: 4:30pm ET/ 22:30 CETConference Call Dial-in Details:United...

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