November 1, 2023 – Page 5

Hawkins, Inc. Reports Second Quarter Fiscal 2024 Results

Written by Customer Service on November 1, 2023. Posted in Earnings Releases And Operating Results.

ROSEVILLE, Minn., Nov. 01, 2023 (GLOBE NEWSWIRE) — Hawkins, Inc. (Nasdaq: HWKN) today announced results for the three and six months ended October 1, 2023, its second quarter of fiscal 2024. Second Quarter Fiscal Year 2024 Highlights: Second quarter sales of $236.5 million, with Water Treatment group sales growth of 17% over the same quarter in the prior year. Record quarterly gross profit of $53.9 million, a 16% increase over the prior year, contributing to record quarterly operating income of $33.0 million, a 25% year-over-year increase. Record second quarter diluted earnings per share (“EPS”) of $1.10, 28% higher than the same period last year. Record quarterly earnings before interest, taxes, depreciation and amortization (“EBITDA”), a non-GAAP measure, of $41.5 million, a 22% increase over the same...

Coca-Cola Consolidated Reports Third Quarter and First Nine Months 2023 Results

Written by Customer Service on November 1, 2023. Posted in Earnings Releases And Operating Results.

Third quarter of 2023 net sales increased 5% versus the third quarter of 2022. Income from operations for the third quarter of 2023 was $216 million, up $26 million, or 14%, versus the third quarter of 2022. Income from operations for the first nine months of 2023 was $656 million, up $188 million, or 40%, versus the first nine months of 2022. Operating margin for the first nine months of 2023 was 13.1% as compared to 10.1% for the first nine months of 2022, an increase of 300 basis points. Key Results Third Quarter First Nine Months (in millions) 2023 2022 Change 2023 2022 Change Standard physical case volume(1) 91.8 93.1 (1.4)% 266.8 274.6 (2.8)% Net sales $1,712.4 $1,628.6 5.1% $5,022.9 $4,628.2 8.5% Gross profit $661.6 $621.1 6.5% $1,957.2 $1,679.3 16.5% Gross...

Prelude Announces Strategic Pipeline Progress and Updates, including its Partnership with AbCellera, and Reports Third Quarter Financial Results

Written by Customer Service on November 1, 2023. Posted in Earnings Releases And Operating Results.

Prioritization of its first-in-class SMARCA2 degrader and potentially best-in-class CDK9 inhibitor programs for continued clinical development Enters partnership with AbCellera to develop a portfolio of precision ADCs with first program being a SMARCA degrader-antibody conjugate Cash runway into 2026 with $230.5 million of cash, cash equivalents and marketable securities WILMINGTON, Del., Nov. 01, 2023 (GLOBE NEWSWIRE) — Prelude Therapeutics Incorporated (Prelude) (Nasdaq: PRLD), a clinical-stage precision oncology company, today provides strategic pipeline updates and reports third quarter financial results. Recent clinical progress and strategic prioritization of the pipeline include: First-in-class SMARCA2 degrader (PRT3789): Encouraging initial clinical data including selective and dose-dependent SMARCA2 degradation, safety...

SP Plus Corporation Announces Third Quarter 2023 Results

Written by Customer Service on November 1, 2023. Posted in Earnings Releases And Operating Results.

–Record Gross Profit Reflects Positive Momentum Across the Commercial and Aviation Segments– –Tenth Consecutive Quarter of Net Location Growth; Maintains High Location Retention Rate of 94%– –Technology Solutions Continue to Gain Traction with Clients– CHICAGO, Nov. 01, 2023 (GLOBE NEWSWIRE) — SP® Plus Corporation (Nasdaq:SP), a best-in-class technology and operations management provider of mobility services for aviation, commercial, hospitality, and institutional clients throughout North America and Europe, today announced its third quarter 2023 results. On October 5, 2023, SP announced the acquisition of SP Plus Corporation for $1.5 billion by Metropolis Technologies, Inc. The acquisition is expected to close in 2024, subject to receipt of required regulatory approvals and approval of SP+’s...

APA Corporation Announces Third-Quarter 2023 Financial and Operational Results

Written by Customer Service on November 1, 2023. Posted in Earnings Releases And Operating Results.

HOUSTON, Nov. 01, 2023 (GLOBE NEWSWIRE) — APA Corporation (Nasdaq: APA) today announced third-quarter 2023 results. Results can be found on the company’s website by visiting www.apacorp.com or investor.apacorp.com. APA will host a conference call Nov. 2 at 10 a.m. Central time via the webcast link available on the company website to discuss the results. Following the conference call, a replay will be available for one year on the “Investors” page of the company’s website. About APA APA Corporation owns consolidated subsidiaries that explore for and produce oil and natural gas in the United States, Egypt and the United Kingdom and that explore for oil and natural gas offshore Suriname and in the Dominican Republic. APA posts announcements, operational updates, investor information and press releases on its website, www.apacorp.com....

Skyline Bankshares, Inc. Announces Third Quarter 2023 Results

Written by Customer Service on November 1, 2023. Posted in Earnings Releases And Operating Results.

FLOYD, Va. and INDEPENDENCE, Va., Nov. 01, 2023 (GLOBE NEWSWIRE) — Skyline Bankshares, Inc. (the “Company”) (OTCQX: SLBK) – the holding company for Skyline National Bank (the “Bank”) – announced its results of operations for the third quarter of 2023. The Company recorded net income of $2.1 million, or $0.37 per share, for the quarter ended September 30, 2023, compared to net income of $2.8 million, or $0.50 per share, for the same period in 2022. For the nine months ended September 30, 2023, net income was $7.5 million, or $1.35 per share, compared to net income of $7.4 million, or $1.32 per share, for the nine months ended September 30, 2022. President and CEO Blake Edwards stated, “We are pleased to report strong earnings for the third quarter, and first nine months of 2023. Competition for deposits and increased interest...

COMPX REPORTS THIRD QUARTER 2023 RESULTS

Written by Customer Service on November 1, 2023. Posted in Earnings Releases And Operating Results.

Dallas, Texas, Nov. 01, 2023 (GLOBE NEWSWIRE) — CompX International Inc. (NYSE American: CIX) announced today sales of $40.3 million for the third quarter of 2023 compared to $42.9 million in the same period of 2022. Operating income was $6.6 million in the third quarter of 2023 compared to $6.0 million in the same period of 2022. Net income was $5.8 million, or $.47 per basic and diluted common share, for the third quarter of 2023 compared to $4.9 million, or $.40 per basic and diluted common share, in the same period of 2022. For the nine months ended September 30, 2023, sales were $118.1 million compared to $126.6 million in the previous year. Operating income was $18.0 million for the first nine months of 2023 compared to $20.0 million for the same period in 2022. Net income for the nine months ended September 30, 2023, was...

Rapid7 Announces Third Quarter 2023 Financial Results

Written by Customer Service on November 1, 2023. Posted in Earnings Releases And Operating Results.

Annualized recurring revenue (“ARR”) of $777 million, an increase of 14% year-over-year Total revenue of $199 million, up 13% year-over-year; Products revenue of $190 million, up 14% year-over-year GAAP operating loss of $16 million; Non-GAAP operating income of $37 million BOSTON, Nov. 01, 2023 (GLOBE NEWSWIRE) — Rapid7, Inc. (Nasdaq: RPD), a leader in extended risk and threat detection, today announced its financial results for the third quarter of 2023. “Rapid7 ended the third quarter with $777 million in ARR, driven by strong customer traction and momentum around our consolidated offerings for risk and threat management, which contributed over 40% of new business during the quarter,” said Corey Thomas, Chairman and CEO of Rapid7. “The work we are doing to align our efforts around the extended SOC and scaling our ability...

Core Specialty to Acquire American Surety Company

Written by Customer Service on November 1, 2023. Posted in Mergers And Acquisitions.

American Surety Company to operate as a separately managed Division of Core Specialty as expected 15th specialty business unit Core Specialty to establish a new Bond, Credit & Guarantee subsegment, including the recently announced Mortgage Reinsurance Division Brings $98mm in 2022 GAAP gross premiums written CINCINNATI, Nov. 01, 2023 (GLOBE NEWSWIRE) — Core Specialty Insurance Holdings, Inc. and its subsidiaries (“Core Specialty” or the “Company”) and Eighth Amendment Holdings, Inc. (the parent company of American Surety Company (“ASC”) and Underwriters Surety, Inc. (“USI” and, together with ASC, “American Surety”), announced today the signing of a purchase agreement whereby Core Specialty will acquire American Surety in a stock and cash transaction. American Surety will bring Core Specialty over 30 years of surety expertise,...

Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Announces Closing of GRP Acquisition

Written by Customer Service on November 1, 2023. Posted in Mergers And Acquisitions.

MIDLAND, Texas, Nov. 01, 2023 (GLOBE NEWSWIRE) — Viper Energy Partners LP (NASDAQ:VNOM) (“Viper” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), today announced that it has completed its previously announced acquisition of certain mineral and royalty interests from affiliates of Warwick Capital Partners and GRP Energy Capital (the “GRP Acquisition”). Aggregate consideration consisted of $750 million in cash and approximately 9.02 million Viper common units, subject to customary post-closing adjustments. The cash portion of the transaction was funded with cash on hand, proceeds from the recently completed $400 million bond offering, $200 million in net proceeds from the issuance of 7.22 million common units to Diamondback under the common unit purchase agreement, dated as of September 4,...

Day: November 1, 2023

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