Month: October 2023

DALLAS, Oct. 31, 2023 (GLOBE NEWSWIRE) — United States Lime & Minerals, Inc. (NASDAQ: USLM) today reported third quarter 2023 results: The Company’s revenues in the third quarter 2023 were $74.9 million, compared to $66.5 million in the third quarter 2022, an increase of $8.4 million, or 12.7%. For the first nine months 2023, the Company’s revenues were $215.6 million, compared to $177.9 million in the first nine months 2022, an increase of $37.8 million, or 21.2%. Lime and limestone revenues were $74.6 million in the third quarter 2023, compared to $65.7 million in the third quarter 2022, an increase of $8.9 million, or 13.5%. For the first nine months 2023, lime and limestone revenues were $214.8 million, compared to $175.6 million in the first nine months 2022, an increase of $39.2 million, or 22.3%. The increase in revenues...

MILWAUKEE, Oct. 31, 2023 (GLOBE NEWSWIRE) — Artisan Partners Asset Management Inc. (NYSE: APAM) (the “Company” or “Artisan Partners”) today reported its results for the three and nine months ended September 30, 2023, and declared a quarterly dividend. The full September 2023 quarter earnings release and investor presentation can be viewed at www.apam.com. Conference Call The Company will host a conference call on November 1, 2023, at 1:00 p.m. (Eastern Time) to discuss its results for the three and nine months ended September 30, 2023. Hosting the call will be Eric Colson, Chief Executive Officer, and C.J. Daley, Chief Financial Officer. Supplemental materials that will be reviewed during the call are available on the Company’s website at www.apam.com. The call will be webcast and can be accessed via the Company’s website. Listeners...

SANTA CLARA, Calif., Oct. 31, 2023 (GLOBE NEWSWIRE) — AMD (NASDAQ:AMD) today announced revenue for the third quarter of 2023 of $5.8 billion, gross margin of 47%, operating income of $224 million, net income of $299 million and diluted earnings per share of $0.18. On a non-GAAP(*) basis, gross margin was 51%, operating income was $1.3 billion, net income was $1.1 billion and diluted earnings per share was $0.70. “We delivered strong revenue and earnings growth driven by demand for our Ryzen 7000 series PC processors and record server processor sales,” said AMD Chair and CEO Dr. Lisa Su. “Our data center business is on a significant growth trajectory based on the strength of our EPYC CPU portfolio and the ramp of Instinct MI300 accelerator shipments to support multiple deployments with hyperscale, enterprise and AI customers.” “We...

ATLANTA, Oct. 31, 2023 (GLOBE NEWSWIRE) — BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, today reported financial results for the three months ended September 30, 2023. THIRD QUARTER 2023 HIGHLIGHTS(all comparisons are versus the prior year period unless otherwise noted)Net sales of $810 million Gross profit of $139 million, gross margin of 17.2% and specialty product gross margin of 19.8% Net income of $24 million, or $2.71 diluted earnings per share Adjusted net income of $27 million, or $2.98 adjusted diluted earnings per share Adjusted EBITDA of $50 million, 6.2% of net sales Operating cash generated of $78 million and free cash flow of $73 million Available liquidity of $816 million, including $470 million cash on hand Net debt of $107 million and net leverage ratio of 0.5x Completion...

HOUSTON, Oct. 31, 2023 (GLOBE NEWSWIRE) — Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced its operating and financial results for the third quarter of 2023. Whitestone creates neighborhood center communities in its high-quality open-air shopping centers that it acquires, owns, manages, develops, and redevelops primarily in the largest, fastest-growing, high-household-income markets in the Sunbelt. “We delivered a very strong quarter operationally, with GAAP leasing spreads of 23.6% on new leases and 24.6% on renewal leases, revenue increasing by 4.9% and occupancy of 92.7%.  This extends our track record to 6 consecutive quarters with over 17% increases in combined GAAP leasing spreads.  We are reiterating the guidance from the 2nd quarter earnings call as we anticipate finishing the year with a strong...

OLD GREENWICH, Conn., Oct. 31, 2023 (GLOBE NEWSWIRE) — Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP), (“Star Equity” or the “Company”), a diversified holding company, announced today that it will release its financial results for the third quarter ended September 30, 2023, before the market opens on Wednesday, November 8, 2023. A conference call is scheduled for 10:00 a.m. ET (7:00 a.m. PT) on November 8, 2023 to discuss the results and management’s outlook. The call may be accessed by dialing:Toll Free: 1-833-630-1956 International: 1-412-317-1837A simultaneous webcast of the call may be accessed online from the Events & Presentations link, on the Investor Relations page of the Star Equity website at: https://www.starequity.com/events-and-presentations/presentations. An archived replay of the webcast will be available...

Strong Performance Delivered Across Multiple Strategies Introduction of Managed Investment Solutions Westwood Energy Secondaries Fund Launched DALLAS, Oct. 31, 2023 (GLOBE NEWSWIRE) — Westwood Holdings Group, Inc. (NYSE: WHG) today reported third quarter 2023 earnings. Significant items included:SMidCap Value, MidCap Value, Platinum, Dividend Select, Enhanced Balanced, Income Opportunity, High Income and Global Real Estate strategies all beat their primary benchmarks. Our strong investment performance was reflected in quarterly peer rankings with SMidCap Value, MidCap Value, Platinum and Tactical Growth all posting top quartile rankings. Revenues totaled $21.9 million versus the second quarter’s $21.9 million and $15.4 million a year ago. Net income of $4.4 million compared with the second quarter’s $2.9 million and...

HOMEBUILDING GROSS MARGIN 33.3%, RECORD HIGH IN COMPANY HISTORYQ3 DILUTED EPS OF $1.56 AND $4.55 YEAR-TO-DATENEW HOME ORDERS UP 95.0% FOR THE QUARTER AND 72.7% YEAR-TO-DATEBACKLOG UP 10.4% YOY AND 68.7% FROM END OF 2022DEBT TO TOTAL CAPITAL OF 21.8%; NET DEBT TO TOTAL CAPITAL OF 9.0% PLANO, Texas, Oct. 31, 2023 (GLOBE NEWSWIRE) — Green Brick Partners, Inc. (NYSE: GRBK) (“we,” “Green Brick” or the “Company”) today reported results for its third quarter ended September 30, 2023. “Green Brick produced another outstanding quarter, highlighted by our $1.56 EPS and by gross margins and sales orders far outperforming the market. Benefiting from a more normalized supply chain, lower construction costs, and fewer incentives in our supply-constrained markets, homebuilding gross margin improved 90 bps year-over-year and 200 bps sequentially...

Third quarter revenue grew 19% year-over-year Improved business efficiency with $23.9 million in net cash provided by operating activities and $22.1 million of free cash flow in the quarter Raising full year 2023 financial outlook midpoint for non-GAAP operating profit to $40 millionSAN MATEO, Calif., Oct. 31, 2023 (GLOBE NEWSWIRE) — Freshworks Inc. (NASDAQ: FRSH), a leading software company empowering businesses to delight their customers and employees, today announced financial results for its third quarter ended September 30, 2023. “We delivered another solid quarter of execution as we outperformed our estimates across our key financial metrics and further improved our profitability,” said Girish Mathrubootham, CEO and Founder of Freshworks. “Our market traction is fueled by continued product innovation that brings generative...