Day: October 26, 2023

Names New Chief Financial Officer, Janet T. Verneuille MELVILLE, N.Y., Oct. 26, 2023 (GLOBE NEWSWIRE) — The First of Long Island Corporation (Nasdaq: FLIC or the “Company”), the parent of The First National Bank of Long Island (the “Bank”), reported earnings for the three and nine months ended September 30, 2023. Analysis of Earnings – Third Quarter Versus Second Quarter 2023 President and Chief Executive Officer Chris Becker commented on the Company’s earnings: “The significant quarterly earnings contraction that took place in the fourth quarter of last year and the first quarter of this year has leveled off in the last two quarters. The considerable slowdown in the pace of margin contraction during the third quarter is encouraging, just 4 basis points. We remain focused on our core business of commercial relationship banking...

TORONTO, Oct. 26, 2023 (GLOBE NEWSWIRE) — Trisura Group Ltd. (“Trisura” or “Trisura Group”) (TSX: TSU), a leading specialty insurance provider, announces details regarding timing of third quarter 2023 results release and earnings conference call, and provides an update on third quarter results and the US run-off program. Third Quarter 2023 Results Release and Earnings Conference Call Trisura will release its third quarter 2023 results after the market closes on Thursday, November 2nd, 2023. The company will host a conference call for analysts and investors on Friday, November 3rd, 2023 at 9:00 a.m. ET. Conference call participants will be David Clare, President and Chief Executive Officer and David Scotland, Chief Financial Officer. To listen to the call via live audio webcast, please follow the link below:https://edge.media-server.com/mmc/p/bckpvkwt A...

MILWAUKEE, Oct. 26, 2023 (GLOBE NEWSWIRE) — Koss Corporation (NASDAQ: KOSS) (the “Company”), the U.S. based high-fidelity headphone company, has reported its results for the first quarter ended September 30, 2023. Sales for the first quarter ended September 30, 2023 were $3,373,938 compared to $3,364,129 for the same period in the prior year, an increase of $9,809, or 0.3%. The net loss for the three months ended September 30, 2023 was $257,609 compared to net income of $9,944,743 for the first quarter of the prior year. Basic and diluted loss per common share for the first quarter of fiscal year 2024 was $0.03 compared to basic income per common share of $1.09 and diluted income per common share of $1.01 for the same three-month period one year ago. “Orders from two distributors in Europe signaled a positive change particularly...

(Dollar amounts are in thousands unless otherwise specified) GUELPH, Ontario, Oct. 26, 2023 (GLOBE NEWSWIRE) — Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A) a leading manufacturer of dry-type transformers, power quality products and related magnetics, today announced its financial results for the third quarter 2023. HIGHLIGHTSRecord sales of $179 million in the quarter, a 20.5% increase versus 2022. Year-to-date sales of $523 million, a 26.3% increase versus 2022. Net Income of $14.4 million in the quarter, a 25.2% increase versus 2022. Year-to-date net income of $43.5 million, a 63.5% increase versus 2022. Earnings per share of $1.21 for the quarter and $3.65 year-to-date. Order backlog increased 11% versus Quarter 2, 2023.“The third quarter saw continued strong demand across our portfolio of products and services resulting...

Highlights:Record Third Quarter Revenue of $548M Reported Operating Loss of $8M Associated with Non-cash Impairment of Barretts Minerals Inc. (“BMI”) Record Operating Income of $77M and Operating Margin of 14.1% Excluding Special Items Cash Flow from Operations of $138M Year-To-Date, Double the Previous Year Announced Dividend Increase and New $75M Share Repurchase ProgramNEW YORK, Oct. 26, 2023 (GLOBE NEWSWIRE) — Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) today reported diluted earnings per share of $1.49 for the third quarter ended October 1, 2023, excluding $85 million of special items associated with BMI’s bankruptcy. Reported loss per share was $0.59. “We delivered record sales and operating income in the third quarter. Each of our segments expanded margins both sequentially and year-over-year as...

VANCOUVER, British Columbia, Oct. 26, 2023 (GLOBE NEWSWIRE) — Eldorado Gold Corporation (“Eldorado” or “the Company”) today reports the Company’s financial and operational results for the third quarter of 2023. For further information, please see the Company’s Consolidated Financial Statements and Management’s Discussion and Analysis (“MD&A”) filed on SEDAR+ at www.sedarplus.com under the Company’s profile. Third Quarter 2023 Highlights OperationsGold production: 121,030 ounces, compared to 118,791 ounces in Q3 2022, a 2% increase from Q3 2022 as a result of the enhanced materials handling circuit at Kisladag, productivity initiatives and associated improvements at Olympias, slightly offset by slower than expected development at Lamaque due to suspended shifts in Q2 2023 as a result of the wildfires in the region. Gold...

OAKLAND, Calif., Oct. 26, 2023 (GLOBE NEWSWIRE) — California BanCorp (NASDAQ: CALB), whose subsidiary is California Bank of Commerce, announced today its financial results for the third quarter and nine months ended September 30, 2023. The Company reported net income of $5.4 million for both the third and second quarters of 2023, compared to $5.5 million for the third quarter of 2022. For the nine months ended September 30, 2023, net income was $16.3 million, representing an increase of $2.9 million, or 21%, compared to $13.4 million for the same period in 2022. Diluted earnings per share were $0.64 for the third quarter of 2023, compared to $0.65 for the second quarter of 2023 and $0.66 for the third quarter of 2022. For the nine months ended September 30, 2023, diluted earnings per share were $1.93, compared to $1.60 for the...