October 27, 2023 – Page 7

Arbor Realty Trust Reports Third Quarter 2023 Results and Declares Dividend of $0.43 per Share

Written by Customer Service on October 27, 2023. Posted in Earnings Releases And Operating Results.

Company Highlights: Diversified, annuity-based operating platform with a multifamily focus that has continued to generate strong distributable earnings and dividends GAAP net income of $0.41 per diluted common share Distributable earnings1 of $0.55 per diluted common share, well in excess of our current dividend, representing a 78% payout ratio Declares cash dividend on common stock of $0.43 per share representing an annualized dividend of $1.72 per share Strong liquidity position with ~$1 billion in cash and liquidity and ~$500 million of restricted cash in replenishable CLO vehicles with a weighted average cost of 1.70% over benchmark rates2 Agency loan originations of $1.15 billion and a servicing portfolio of ~$29.94 billion, up 2% Structured loan originations of $240.2 million and a portfolio of ~$13.12 billion UNIONDALE, N.Y.,...

Cumulus Media Reports Operating Results for the Third Quarter 2023

Written by Customer Service on October 27, 2023. Posted in Earnings Releases And Operating Results.

ATLANTA, Oct. 27, 2023 (GLOBE NEWSWIRE) — Cumulus Media Inc. (NASDAQ: CMLS) (the “Company,” “Cumulus Media,” “we,” “us,” or “our”) today announced operating results for the three and nine months ended September 30, 2023. Mary G. Berner, President and Chief Executive Officer of Cumulus Media, said, “Third quarter revenue and Adjusted EBITDA finished in line with expectations with results reflecting the continued dichotomy between local and national business lines. Despite the challenging environment, we maximized performance by continuing to focus on areas we can control, including growing each of our digital businesses, reducing costs, and improving our balance sheet through non-core asset sales and debt reduction. These actions have further improved the Company’s revenue...

Partners Bancorp Reports Results of Operations for the Third Quarter 2023

Written by Customer Service on October 27, 2023. Posted in Earnings Releases And Operating Results.

SALISBURY, Md., Oct. 27, 2023 (GLOBE NEWSWIRE) — Partners Bancorp (NASDAQ: PTRS) (the “Company”), the parent company of The Bank of Delmarva (“Delmarva”), Seaford, Delaware, and Virginia Partners Bank (“Virginia Partners”), Fredericksburg, Virginia, reported net income attributable to the Company of $4.5 million, or $0.25 per diluted share, for the three months ended September 30, 2023, a $429 thousand or 10.4% increase when compared to net income attributable to the Company of $4.1 million, or $0.23 per diluted share, for the same period in 2022. For the nine months ended September 30, 2023, the Company reported net income attributable to the Company of $11.6 million, or $0.65 per diluted share, a $2.2 million or 23.8% increase when compared to net income attributable to the Company of $9.4 million, or $0.52 per diluted share,...

Saia Reports Third Quarter Results

Written by Customer Service on October 27, 2023. Posted in Earnings Releases And Operating Results.

JOHNS CREEK, Ga., Oct. 27, 2023 (GLOBE NEWSWIRE) — Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, today reported third quarter 2023 financial results. Diluted earnings per share for the quarter were $3.67 compared to $3.67 in the third quarter of 2022. Highlights from the third quarter operating results were as follows: Third Quarter 2023 Compared to Third Quarter 2022 Results Revenue was $775.1 million, a 6.2% increase Operating income was $128.4 million, a 0.1% increase Operating ratio of 83.4% compared to 82.4% LTL shipments per workday increased 12.2% LTL tonnage per workday increased 6.7% LTL revenue per hundredweight, excluding fuel surcharge revenue increased 8.4% LTL revenue per shipment, excluding fuel surcharge...

Lincoln Electric Reports Third Quarter 2023 Results

Written by Customer Service on October 27, 2023. Posted in Earnings Releases And Operating Results.

Third Quarter 2023 Highlights Net sales increase 10.5% to record $1,033 million Operating income margin of 16.6%; Record adjusted operating income margin of 17.7% Record EPS of $2.22; Record adjusted EPS of $2.40 Cash flows from operations increase 71% to record $223 million with 141% cash conversion(1) Returned $82 million to shareholders through dividends and share repurchases CLEVELAND, Oct. 27, 2023 (GLOBE NEWSWIRE) — Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today reported third quarter 2023 net income of $129.3 million, or diluted earnings per share (EPS) of $2.22, which includes special item after-tax net charges of $10.1 million, or $0.18 EPS. This compares with prior year period net income of $109.2 million, or $1.87 EPS, which included special item after-tax net charges of $10.3 million. Excluding...

Purpose Investments Inc. Announces Final October 2023 Distribution Rate for Purpose High Interest Savings Fund, Purpose US Cash Fund, Purpose Cash Management Fund, and Purpose USD Cash Management Fund

Written by Customer Service on October 27, 2023. Posted in Dividend Reports And Estimates.

TORONTO, Oct. 27, 2023 (GLOBE NEWSWIRE) — Purpose Investments Inc. announced today the final October 2023 distribution rate for Purpose High Interest Savings Fund, Purpose US Cash Fund, Purpose Cash Management Fund, and Purpose USD Cash Management Fund. The following table reflects the final distribution amounts for the month of October. Ex-distribution date is October 30, 2023. Open-End Fund Ticker Symbol Final distribution per unit Record Date Payable Date Distribution Frequency Purpose High Interest Savings Fund – ETF Units PSA $0.2323 10/30/2023 11/07/2023 Monthly Purpose US Cash Fund – ETF Units PSU.U US $ 0.4857 10/30/2023 11/07/2023 Monthly Purpose Cash Management Fund – ETF Units MNY $0.4451 10/30/2023 11/07/2023 Monthly Purpose USD Cash Management Fund – ETF Units MNU.U US $ 0.4741 10/30/2023 11/07/2023 Monthly About...

Nasdaq Panel Grants TransCode Therapeutics Extension for Continued Listing on The Nasdaq Stock Market Subject to Conditions

Written by Customer Service on October 27, 2023. Posted in Public Companies.

BOSTON, Oct. 27, 2023 (GLOBE NEWSWIRE) — TransCode Therapeutics, Inc. (Nasdaq: RNAZ), (the “Company”), an RNA oncology company committed to more effectively treating cancer using RNA therapeutics, today announced The Nasdaq Hearings Panel (“Panel”) granted the Company’s request to continue its listing on The Nasdaq Stock Market (“Nasdaq” or the “Exchange”.) Based on information the Company presented to the Panel, the Panel granted the Company’s request for an exception until January 22, 2024, subject to the conditions outlined below. The letter received from the Panel stated that the continued listing extension was subject to, (1) on or before November 14, 2023, following the filing of its Form 10-Q for the period ended September 30, 2023, the Company providing a detailed update to the Panel regarding its meeting the stockholders’...

Oxford Lane Capital Corp. Announces Declaration of Distributions on Common Stock for the Months Ending January 31, February 29, and March 31, 2024

Written by Customer Service on October 27, 2023. Posted in Public Companies.

GREENWICH, Conn., Oct. 27, 2023 (GLOBE NEWSWIRE) — Oxford Lane Capital Corp. (NasdaqGS: OXLC) (NasdaqGS: OXLCM) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (NasdaqGS: OXLCN) (“Oxford Lane,” the “Company,” “we,” “us” or “our”) announced today that our Board of Directors declared the following distributions on our common stock as follows: Month Ending Record Date Payment Date Amount Per Share January 31, 2024 January 17, 2024 January 31, 2024 $0.08 February 29, 2024 February 15, 2024 February 29, 2024 $0.08 March 31, 2024 March 15, 2024 March 29, 2024 $0.08 The Company’s preliminary estimate of its net asset value (“NAV”) per share for the quarter ended September 30, 2023 is $4.74 to $4.84, which is consistent with the range previously announced by the Company in its unaudited estimate range...

Fossil Group, Inc. Announces Date for Third Quarter 2023 Earnings Release and Conference Call

Written by Customer Service on October 27, 2023. Posted in Public Companies.

RICHARDSON, Texas, Oct. 27, 2023 (GLOBE NEWSWIRE) — Fossil Group, Inc. (NASDAQ: FOSL) announced today that it will report financial results for the third quarter 2023 after market close on Wednesday, November 8, 2023, followed by a conference call to discuss the results at 5:00 p.m. ET the same day. The call can be accessed live on the Company’s investor relations website at www.fossilgroup.com/investors and will also be archived for replay. About Fossil Group, Inc. Fossil Group, Inc. is a global design, marketing, distribution and innovation company specializing in lifestyle accessories. Under a diverse portfolio of owned and licensed brands, our offerings include traditional watches, smartwatches, jewelry, handbags, small leather goods, belts and sunglasses. We are committed to delivering the best in design and innovation across...

Westrock Coffee Company to Report Third Quarter 2023 Financial Results on November 9, 2023

Written by Customer Service on October 27, 2023. Posted in Public Companies.

LITTLE ROCK, Ark., Oct. 27, 2023 (GLOBE NEWSWIRE) — Westrock Coffee Company (NASDAQ: WEST) (“Westrock Coffee” or the “Company”), a leading integrated coffee, tea, flavors, extracts, and ingredients solutions provider to the retail, foodservice and restaurant, convenience store and travel center, non-commercial, CPG, and hospitality industries, today announced that it will report its third quarter 2023 results on Thursday, November 9, 2023 after market close. The announcement will be followed by a live earnings conference call at 4:30 p.m. ET. To participate in the live earnings call and question and answer session, please register at https://register.vevent.com/register/BI4fa3f978f6c641cc967a237a95250f87 and dial-in information will be provided directly to you. The live audio webcast will be accessible in the...

Day: October 27, 2023

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