Day: November 6, 2023

NASHVILLE, Tenn., Nov. 06, 2023 (GLOBE NEWSWIRE) — Ryman Hospitality Properties, Inc. (NYSE: RHP), a lodging real estate investment trust (“REIT”) specializing in group-oriented, destination hotel assets in urban and resort markets, today reported financial results for the three months ended September 30, 2023. Third Quarter 2023 Highlights and Recent Developments:The Company generated record third quarter consolidated revenue of $528.5 million, solid consolidated net income of $40.8 million and record third quarter consolidated Adjusted EBITDAre of $170.9 million. Same-store Hospitality segment achieved record third quarter revenue of $396.2 million, driven by record third quarter ADR.1 During the quarter, the Company booked over 695,000 gross advanced group room nights for the same-store Hospitality portfolio for all future...

PITTSBURGH, Nov. 06, 2023 (GLOBE NEWSWIRE) — Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today the financial results for its first quarter fiscal year 2024. These have been posted as a letter to shareholders to the investor relations section of its website. A conference call to discuss these results with Chair and CEO Dr. Vincent D. (Chuck) Mattera, Jr., and members of the management team will be held on November 7, 2023, at 8:00 a.m. ET. The letter to shareholders sets forth detailed financial information and disclosures for the company and is designed to provide greater insight into the company’s operating performance and outlook in advance. This format allows more time for questions and answers on the earnings call. Please visit the Coherent investor relations website at coherent.com/company/investor-relations...

Reiterates commencement of pivotal pharmacokinetic (PK) study for Anaphylm™ (epinephrine) Sublingual Film expected in fourth quarter 2023 with topline data targeted for first quarter 2024 Completes debt refinancing resulting in approximately $28 million of cash savings through June of 2025 Reported 25% year-over-year growth in year-to-date revenue adjusted for the out-license of Sympazan® Raises full year 2023 revenue guidance to $47-$50 million and improves non-GAAP adjusted EBITDA loss guidance To host investment community conference call at 8:00 am ET on November 7, 2023WARREN, N.J., Nov. 06, 2023 (GLOBE NEWSWIRE) — Aquestive Therapeutics, Inc. (NASDAQ:AQST), a pharmaceutical company advancing medicines to bring meaningful improvement to patients’ lives through innovative science and delivery technologies, today...

CALGARY, Alberta, Nov. 06, 2023 (GLOBE NEWSWIRE) — Hammerhead Energy Inc. (“Hammerhead” or the “Company”) (TSX: HHRS ; NASDAQ: HHRS) is pleased to announce record financial and operating results for the third quarter of 2023. During the quarter, the Company maintained its planned two-rig program targeting Montney light oil, with a focus at North Karr. The critical new infrastructure expansion at South Karr has continued to be on time and on budget. Hammerhead also completed drilling of its first ever multi-well pad at South Karr (the nine-well 5-11 pad) which includes three new Lower Montney wells. These wells are expected to be brought on-stream when the South Karr facilities work is completed in December. During the third quarter, Hammerhead delivered record production, where the rate of oil growth continued to outpace the rate...

Record revenue of $268 million, 7% year-over-year growth Quarterly operating expense of $123 million, lowest in two years Two new personal loan financing agreements totaling up to $267 million executed $80 million in additional annualized operating expense reductions, streamlining product suite SAN CARLOS, Calif., Nov. 06, 2023 (GLOBE NEWSWIRE) — Oportun Financial Corporation (Nasdaq: OPRT) (“Oportun”, or the “Company”) today reported financial results for the third quarter ended September 30, 2023. “Oportun’s performance reflected record revenue and our lowest quarterly operating expenses in two years,” said Raul Vazquez, CEO of Oportun. “Our top-line remained resilient, growing 7% despite originations declining by 24%, as we prioritized quality over quantity of loans, while our operating...

Dallas, Texas, Nov. 06, 2023 (GLOBE NEWSWIRE) — Valhi, Inc. (NYSE: VHI) reported a net loss attributable to Valhi stockholders of $6.0 million, or $.21 per share, in the third quarter of 2023 compared to net income of $26.2 million, or $.92 per share, in the third quarter of 2022. For the first nine months of 2023, Valhi reported a net loss attributable to Valhi stockholders of $16.0 million, or $.56 per share, compared to net income of $99.6 million, or $3.49 per share, in the first nine months of 2022. Net income attributable to Valhi stockholders decreased in the third quarter of 2023 as compared to the same period of 2022 primarily due to lower operating results from our Chemicals Segment. Net income attributable to Valhi stockholders decreased in the first nine months of 2023 as compared to the same period of 2022 primarily...

Meets Robust Growth in Customer Demand BRENTWOOD, Tenn., Nov. 06, 2023 (GLOBE NEWSWIRE) — CoreCivic, Inc. (NYSE: CXW) (the Company) announced today its financial results for the third quarter of 2023. Damon T. Hininger, CoreCivic’s President and Chief Executive Officer, said, “We are pleased with our third quarter results, and are optimistic that the post-pandemic environment will continue to result in increasing opportunities to serve our government partners. Federal, state, and local government agencies are experiencing an increase in the need for the solutions that we provide.” Hininger continued, “We also continue to execute on our capital allocation strategy, repaying nearly $140 million of debt net of the change in cash so far this year, and reducing leverage, measured by net debt to EBITDA, to 2.8x using...

CONCORD, Calif., Nov. 06, 2023 (GLOBE NEWSWIRE) — AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced financial results for the quarter ended September 30, 2023. Third Quarter 2023 Financial and Operational HighlightsNet income for the quarter was $38.4 million, or $0.52 per share. Adjusted net income for the quarter was $46.0 million, or $0.62 per share, on total revenue of $190.5 million. Adjusted EBITDA for the quarter was $66.5 million, or 34.9% of total revenue. Platform assets increased 25.5% year-over-year to $99.6 billion. Quarter-over-quarter platform assets were down 1.2%, due to negative market impact net of fees of $2.7 billion, partially offset by quarterly net flows of $1.5 billion. Year-to-date annualized net flows as a percentage of beginning-of-year platform assets were 7.1%. More than 3,400 new households...