Day: December 6, 2023

DLH Reports Fiscal 2023 Fourth Quarter Results

Written by Customer Service on December 6, 2023. Posted in Earnings Releases And Operating Results.

Company Finishes Fiscal 2023 Positioned for Growth and Further Debt Reduction in Year Ahead ATLANTA, Dec. 06, 2023 (GLOBE NEWSWIRE) — DLH Holdings Corp. (NASDAQ: DLHC) (“DLH” or the “Company”), a leading provider of science research and development, systems engineering and integration, and digital transformation and cyber security solutions to federal agencies, today announced financial results for its fourth quarter and fiscal year ended September 30, 2023. Fourth Quarter HighlightsFourth quarter revenue was $101.5 million in fiscal 2023 versus $67.2 million in fiscal 2022, primarily reflecting the impact from the Company’s December 2022 acquisition as well as net organic growth in the business. Reflecting the previously announced non-cash impairment charge of $7.7 million, earnings were $(2.6) million, or $(0.18) per...

Sportsman’s Warehouse Holdings, Inc. Announces Third Quarter 2023 Financial Results

Written by Customer Service on December 6, 2023. Posted in Earnings Releases And Operating Results.

WEST JORDAN, Utah, Dec. 06, 2023 (GLOBE NEWSWIRE) — Sportsman’s Warehouse Holdings, Inc. (“Sportsman’s Warehouse” or the “Company”) (Nasdaq: SPWH) today announced third quarter financial results for the thirteen and thirty-nine weeks ended October 28, 2023. “During the third quarter the team successfully executed our near-term initiatives and I am pleased that we exceeded our prior guidance for both net sales and adjusted diluted earnings per share,” said Paul Stone, Sportsman’s Warehouse President and Chief Executive Officer. “While we continued to navigate macroeconomic headwinds, we made significant progress on our plan to clear through excess apparel and footwear inventory, allowing us to invest in the right merchandise that appeals to our core customer. Additionally, we realized meaningful financial benefits through...

GameStop Discloses Third Quarter 2023 Results

Written by Customer Service on December 6, 2023. Posted in Earnings Releases And Operating Results.

GRAPEVINE, Texas, Dec. 06, 2023 (GLOBE NEWSWIRE) — GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today released financial results for the third quarter ended October 28, 2023. The Company’s condensed and consolidated financial statements, including GAAP and non-GAAP results, are below. The Company’s Form 10-Q and supplemental information can be found at https://investor.gamestop.com. THIRD QUARTER OVERVIEWNet sales were $1.078 billion for the period, compared to $1.186 billion in the prior year’s third quarter. Selling, general and administrative (“SG&A”) expenses were $296.5 million, or 27.5% of net sales for the period, compared to $387.9 million, or 32.7% of net sales, in the prior year’s third quarter. Net loss was $3.1 million for the period, compared to a net loss of $94.7 million for...

Alico, Inc. Announces Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2023

Written by Customer Service on December 6, 2023. Posted in Earnings Releases And Operating Results.

FORT MYERS, Fla., Dec. 06, 2023 (GLOBE NEWSWIRE) — Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the fourth quarter and fiscal year ended September 30, 2023, the highlights of which are as follows:The Company’s groves have been recovering from the impact of Hurricane Ian since September 2022.The Company reports net income attributable to Alico, Inc. common stockholders of $1.8 million and EBITDA of $23.0 million for the fiscal year ended September 30, 2023. After adjusting for certain non-recurring items, the Company reports adjusted net loss attributable to Alico, Inc. common stockholders of $(24.5) million and Adjusted EBITDA $(16.1) million for the year ended September 30, 2023.Land sales continued during the 2023 fiscal year, with the Company selling approximately...

InterPrivate III Financial Partners Inc. Announces Redemption of Shares

Written by Customer Service on December 6, 2023. Posted in Public Companies.

NEW YORK, Dec. 06, 2023 (GLOBE NEWSWIRE) — InterPrivate III Financial Partners Inc. (NYSE American: IPVF) today announced that its board of directors (the “Board”) has determined to redeem all of its outstanding shares of Class A common stock (the “Public Shares”), effective as of December 21, 2023, because the Company will not consummate an initial business combination within the time period required by its amended and restated certificate of incorporation. As of the close of business on the last day of trading, December 8, 2023, the Public Shares will be deemed cancelled and will represent only the rights to receive the per-share redemption price of approximately $10.75 (after taking into account the removal of $100,000 for dissolution expenses). In order to provide for the disbursement of funds from the trust account, the Company...

Ted Olt succeeds Dana Waterman in key Lee Enterprises role

Written by Customer Service on December 6, 2023. Posted in Public Companies.

Theodore F. Olt IIITheodore F. Olt IIIC. Dana Waterman IIIC. Dana Waterman IIIDAVENPORT, Iowa, Dec. 06, 2023 (GLOBE NEWSWIRE) — Theodore F. Olt III has been elected by the board of directors of Lee Enterprises, Incorporated (NASDAQ: LEE) to succeed C. Dana Waterman III, who is retiring after 34 years as secretary and general counsel. “Ted has worked closely with Dana on many key Lee projects for over two decades, so we know how valuable he will be to Lee in his new role,” said Mary Junck, chairman of the Lee board. “As we welcome Ted, we will miss Dana greatly. He has been a wise, beloved adviser to management, the board and me, serving indispensably since 1989. He has been a joy to work with all these years.” Kevin Mowbray, president and chief executive officer of Lee, added: “I look forward to working closely...

Meridian Bank Ranked Top SBA Lender

Written by Customer Service on December 6, 2023. Posted in Public Companies.

MALVERN, Pa., Dec. 06, 2023 (GLOBE NEWSWIRE) — Meridian Bank (Nasdaq: MRBK) has been ranked a top lender in the Small Business Administration’s Eastern Pennsylvania District. Meridian Bank placed first in dollar volume and third in the total number of SBA 7(a) loans in the most recent SBA fiscal year 2023 (10/1/2022-9/30/2023). During that period, Meridian provided $128.8 million in 7(a) lending through 138 loans, continuing a steady increase over the past four years. This also ranks Meridian as the third lender in New Jersey in volume and number of loans, and the 47th lender in the nation by volume. Meridian’s SBA Lending Team is led by Rocco Perate, Executive Vice President, SBA Lending. Perate states, “The fact that Meridian ranks so high in number of loans and is the top SBA lender in terms of dollars is a credit to our entrepreneurial...

AMD Delivers Leadership Portfolio of Data Center AI Solutions with AMD Instinct MI300 Series

Written by Customer Service on December 6, 2023. Posted in Public Companies.

AMD Instinct MI300 SeriesAMD Instinct MI300X— Dell Technologies, Hewlett Packard Enterprise, Lenovo, Meta, Microsoft, Oracle, Supermicro and others showcase AMD hardware for high performance computing and generative AI — — ROCm 6 open software ecosystem combines next-gen hardware and software to deliver ~8x generational performance increase, power advancements in generative AI and simplify deployment of AMD AI solutions — SANTA CLARA, Calif., Dec. 06, 2023 (GLOBE NEWSWIRE) — Today, AMD (NASDAQ: AMD) announced the availability of the AMD Instinct™ MI300X accelerators – with industry leading memory bandwidth for generative AI1 and leadership performance for large language model (LLM) training and inferencing – as well as the AMD Instinct™ MI300A accelerated processing unit (APU) – combining the latest AMD CDNA™...

AMD Extends Mobile PC Leadership with AMD Ryzen™ 8040 Series Processors and Makes Ryzen™ AI Software Widely Available, Advancing the AI PC Era

Written by Customer Service on December 6, 2023. Posted in Public Companies.

— Acer, Asus, Dell, HP, Lenovo and Razer laptops powered by AMD Ryzen™ 8040 Series mobile processors to deliver advanced computing for work, play, and AI-enabled experiences — — Ryzen™ AI 1.0 Software available to make it easier to deploy models on Ryzen AI PCs — SANTA CLARA, Calif., Dec. 06, 2023 (GLOBE NEWSWIRE) — Today, AMD (NASDAQ: AMD) announced the new AMD Ryzen™ 8040 Series mobile processors, extending its leadership mobile offerings with best-in-class x86 processor performance.1 With the integrated Ryzen AI NPU on-die on select models, AMD is bringing even more state-of-the-art AI PCs to market,1 with up to 1.6x more AI processing performance than prior AMD models,2 to deliver new premium experiences and AI-ready capabilities. To further enable great AI experiences, AMD is also making Ryzen AI3 Software...

AMD Showcases Growing Momentum for AMD Powered AI Solutions from the Data Center to PCs

Written by Customer Service on December 6, 2023. Posted in Public Companies.

— Microsoft, Dell Technologies, HPE, Lenovo, Meta, Oracle, Supermicro and others adopt new AMD Instinct MI300X and MI300A data center AI accelerators for training and inference solutions — — AMD also launches ROCm 6 software stack with significant performance optimizations and new features for Large Language Models and Ryzen 8040 Series notebook processors for AI PCs — SAN JOSE, Calif., Dec. 06, 2023 (GLOBE NEWSWIRE) — Today at the “Advancing AI” event, AMD (NASDAQ: AMD) was joined by industry leaders including Microsoft, Meta, Oracle, Dell Technologies, HPE, Lenovo, Supermicro, Arista, Broadcom and Cisco to showcase how these companies are working with AMD to deliver advanced AI solutions spanning from cloud to enterprise and PCs. AMD launched multiple new products at the event, including the AMD Instinct™ MI300 Series...

Day: December 6, 2023

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