Day: October 26, 2023

NEW YORK, Oct. 26, 2023 (GLOBE NEWSWIRE) — FTAI Infrastructure Inc. (NASDAQ:FIP) (the “Company” or “FTAI Infrastructure”) 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 Q3’23  Net Loss Attributable to Stockholders $ (56,101 )  Basic and Diluted Loss per Share of Common Stock $ (0.55 )  Adjusted EBITDA(1) $ 24,655    Adjusted EBITDA – Four core segments (1)(2) $ 32,208    _______________________________(1)   For definitions and reconciliations of non-GAAP measures, please refer to the exhibit to this press release.(2)   Excludes Sustainability and Energy Transition and...

WASHINGTON, Oct. 26, 2023 (GLOBE NEWSWIRE) — IBEX Limited (“ibex”) (Nasdaq: IBEX), a leading global provider of business process outsourcing (BPO) and customer engagement technology solutions, today announced that it will report first quarter 2024 financial results after the market close on Thursday, November 9, 2023. Management will host a conference call and webcast to discuss the Company’s financial results, recent developments, and business outlook at 4:30 p.m. ET.What:   IBEX Limited Announces First Quarter 2024 Financial ResultsWhen:   Thursday, November 9, 2023Time:   4:30 p.m. ETLive Call:   Register Here for Dial-In and PINWebcast:    https://investors.ibex.co/About ibexibex delivers innovative business process outsourcing (BPO), smart digital marketing, online acquisition technology, and end-to-end...

BETHESDA, Md., Oct. 26, 2023 (GLOBE NEWSWIRE) — Elme Communities (the “Company”) (NYSE: ELME), a multifamily REIT with communities in the Washington DC metro area and the Atlanta metro area, reported financial and operating results today for the quarter ended September 30, 2023: Financial ResultsNet loss was $43.6 million, or $0.50 per diluted share, including a $41.9 million non-cash impairment charge as described below NAREIT FFO was $20.1 million, or $0.23 per diluted share Core FFO was $21.4 million, or $0.24 per diluted share, up over 4% from the prior year period primarily driven by rental rate growth Net Operating Income (NOI) was $36.9 million, up over 5% from the prior year period primarily driven by rental rate growthOperational HighlightsSame-store multifamily NOI increased by 7.3% compared to the prior year period Effective...

WINTER PARK, Fla., Oct. 26, 2023 (GLOBE NEWSWIRE) — CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced its operating results and earnings for the quarter ended September 30, 2023. Select ResultsReported Net Income per diluted share attributable to common stockholders of $0.07 for the quarter ended September 30, 2023. Reported Core FFO per diluted share attributable to common stockholders of $0.47 for the quarter ended September 30, 2023. Reported AFFO per diluted share attributable to common stockholders of $0.48 for the quarter ended September 30, 2023. Sold two properties during the quarter for total disposition activity of $20.9 million at a weighted average exit cap rate of 6.9%, generating total gains on sales of $2.5 million.   Reported a decrease in Same-Property NOI of (4.5%) for the quarter...

Well-Positioned Balance Sheet with Strong Capital and Liquidity Organic Deposit Growth Highlights Third Quarter Results Robust Capital Position Builds Quarter over Quarter STUART, Fla., Oct. 26, 2023 (GLOBE NEWSWIRE) — Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF) today reported net income in the third quarter of 2023 of $31.4 million, or $0.37 per diluted share, compared to $31.2 million, or $0.37 per diluted share in the second quarter of 2023 and $29.2 million, or $0.47 per diluted share in the third quarter of 2022. For the nine months ended September 30, 2023, net income was $74.5 million, or $0.89 per diluted share, a decrease of 10% compared to the nine months ended September 30, 2022. Adjusted net income1 for the third quarter of 2023 was $39.7 million, or $0.46...

Highlights:Diluted earnings per share (EPS) of $0.97 and revenue of $1.0 billion for the quarter Quarterly operating income of $43 million (4.2% of revenue) driven by performance of our Logistics Segment Exceptionally strong balance sheet, ending the quarter with cash and cash equivalents of over $400 million Announced capital allocation plan, including a stock split effectuated by stock dividend, regular quarterly cash dividend, new share repurchase authorization and long-term leverage targetOAK BROOK, Ill., Oct. 26, 2023 (GLOBE NEWSWIRE) — Hub Group, Inc. (NASDAQ:HUBG) announced third quarter 2023 net income of $30 million, and diluted earnings per share of $0.97. Net income for third quarter 2022 was $87 million, or $2.61 per diluted share. Third quarter results were impacted by lower gain on sale of assets of $7.8 million...

WARSAW, N.Y., Oct. 26, 2023 (GLOBE NEWSWIRE) — Financial Institutions, Inc. (NASDAQ: FISI) (the “Company,” “we” or “us”), parent company of Five Star Bank (the “Bank”), SDN Insurance Agency, LLC (“SDN”) and Courier Capital, LLC (“Courier Capital”), today reported financial and operational results for the third quarter ended September 30, 2023. Net income was $14.0 million for the third quarter of 2023, compared to $14.4 million in the second quarter of 2023 and $13.9 million in the third quarter of 2022. After preferred dividends, net income available to common shareholders was $13.7 million, or $0.88 per diluted share, in the third quarter of 2023, compared to $14.0 million, or $0.91 per diluted share, in the second quarter of 2023, and $13.5 million, or $0.88 per diluted share, in the third quarter of 2022. The Company recorded...

Company delivers 91st consecutive quarter of topline growth Revenue growth of 18% year-over-year; Recurring revenue growth of 20% year-over-year MINNEAPOLIS, Oct. 26, 2023 (GLOBE NEWSWIRE) — SPS Commerce, Inc. (Nasdaq: SPSC), a leader in retail cloud services, today announced financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial HighlightsRevenue was $135.7 million in the third quarter of 2023, compared to $114.5 million in the third quarter of 2022, reflecting 18% growth. Recurring revenue grew 20% from the third quarter of 2022. Net income was $16.8 million or $0.45 per diluted share, compared to net income of $15.9 million or $0.43 per diluted share in the third quarter of 2022. Non-GAAP income per diluted share was $0.75, compared to non-GAAP income per diluted share of $0.63 in the...

Achieves Record Quarter of EVO Unit Sales SAN RAFAEL, Calif., Oct. 26, 2023 (GLOBE NEWSWIRE) — Ekso Bionics Holdings, Inc. (Nasdaq: EKSO) (the “Company”), an industry leader in exoskeleton technology for medical and industrial use, today reported financial results for the three and nine months ended September 30, 2023. Recent Highlights and AccomplishmentsReported revenue of $4.6 million in the third quarter of 2023, an increase of 38% year-over-year Sold a total of 41 EksoHealth devices in the third quarter of 2023 Record quarter of EVO unit sales Gross profit of $2.5 million in the third quarter of 2023, compared to $1.7 million in the same period last year“We continued to generate strong sales of our EksoHealth devices reflecting solid multi-unit order flow with large network operators and continued customer adoption of...