Year: 2023

SAN RAMON, Calif., Dec. 07, 2023 (GLOBE NEWSWIRE) — CooperCompanies (Nasdaq: COO), a leading global medical device company, today announced financial results for its fiscal fourth quarter and full year ended October 31, 2023.Fourth quarter 2023 revenue of $927.1 million, up 9%, and up 9% organically. Fiscal year 2023 revenue of $3.6 billion, up 9%, or up 10% organically. Fourth quarter 2023 GAAP diluted earnings per share (EPS) of $1.70, up 29%. Fiscal 2023 GAAP diluted EPS of $5.91, down 24%. Fourth quarter 2023 non-GAAP diluted EPS of $3.47, up 26%. Fiscal 2023 non-GAAP diluted EPS of $12.81, up 3%. See “Reconciliation of Selected GAAP Results to Non-GAAP Results” below.Commenting on the results, Al White, Cooper’s President and CEO, said, “Fiscal 2023 was another year of record annual revenue driven...

Genasys Protect Software Gaining Momentum SAN DIEGO, Dec. 07, 2023 (GLOBE NEWSWIRE) — Genasys Inc. (NASDAQ: GNSS), the leader in Protective Communications, today announced financial results for the Company’s fiscal fourth quarter and full year ended September 30, 2023. Richard S. Danforth, Chief Executive Officer of Genasys, Inc., commented, “As we announced in mid- September, our pipeline of hardware and software business continues to grow rapidly. This week’s announcements include some of the business that we had expected in the September quarter. We expect that we will book each of the forecasted hardware orders that shifted out of our fiscal 2023. In the fourth quarter of fiscal 2023, recurring revenues in our software business were up 43% year over year and 21% sequentially. Based on current contracting activity, the addition...

— Recorded Second Quarter Revenue of $25.4 Million — — Signed $35 Million in Net New Business Orders Resulting in a Backlog of $199 Million — — Entered into Partnership with California Institute of Regenerative Medicine (CIRM) to Advance Manufacturing of Adeno-Associated Adenovirus, as well as Other Cell and Gene Therapy Programs – — Completed Construction of Cell and Gene Therapy Facility; Grand Opening Scheduled for January 2024 — — Adjusting Fiscal 2024 Revenue Guidance to $137 to $147 million — TUSTIN, Calif., Dec. 07, 2023 (GLOBE NEWSWIRE) — Avid Bioservices, Inc. (NASDAQ:CDMO), a dedicated biologics contract development and manufacturing organization (CDMO) working to improve patient lives by providing high quality development and manufacturing services to biotechnology...

Wood Dale, Illinois, Dec. 07, 2023 (GLOBE NEWSWIRE) — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it will release financial results for its second quarter of fiscal year 2024, ended November 30, 2023, after the close of the New York Stock Exchange trading session on Thursday, December 21, 2023. On Thursday, December 21, 2023, at 3:45 p.m. Central time, AAR will hold a conference call to discuss the results. The conference call can be accessed by registering at https://register.vevent.com/register/BIe408558c6b344fb2aca2a3d5d43d47f9. Once registered, participants will receive a dial-in number and a unique PIN that will allow them to access the call. A replay of the conference call will be available for on-demand listening shortly after...

Third quarter revenue totaled $146.1 million, representing an increase of 17% year-over-year. Trailing four quarter average Net Dollar Retention Rate was 119% at the end of the third quarter of fiscal 2024 as compared to 134% at the end of third quarter of fiscal 2023. Third quarter total GAAP RPO totaled $678.2 million, representing an increase of 28% year-over-year; Third quarter current GAAP RPO totaled $402.1 million, representing an increase of 25% year-over-year. Third quarter total non-GAAP RPO totaled $700.4 million, representing an increase of 27% year-over-year; Third quarter current non-GAAP RPO totaled $420.8 million, representing an increase of 23% year-over-year. Third quarter GAAP net loss totaled $39.5 million. The third quarter was HashiCorp’s first quarter with positive Non-GAAP net income, which totaled $5.6 million.SAN...

ATHENS, Greece, Dec. 07, 2023 (GLOBE NEWSWIRE) — Dynagas LNG Partners LP (NYSE: “DLNG”) (“the “Partnership”), an owner and operator of liquefied natural gas (“LNG”) carriers, today announced its results for the three and nine months ended September 30, 2023. Nine months Highlights:Net Income and Earnings per common unit (basic and diluted) of $25.4 million and $0.45, respectively; Adjusted Net Income(1) of $15.5 million and Adjusted Earnings per common unit (1) (basic and diluted) of $0.18; Adjusted EBITDA(1) $67.0 million; and 97% fleet utilization(2).Quarter Highlights:Net Income of $1.4 million and Loss per common unit (basic and diluted) of $0.04; Adjusted Net Income(1) of $3.1 million and Adjusted Earnings(1) per common unit (basic and diluted) of $0.01; Adjusted EBITDA(1) $20.4 million; 99.8% fleet utilization(2); Declared...

MONCTON, New Brunswick, Dec. 07, 2023 (GLOBE NEWSWIRE) — Major Drilling Group International Inc. (“Major Drilling” or the “Company”) (TSX: MDI), a leading provider of specialized drilling services to the mining sector, today reported results for the second quarter of fiscal 2024, ended October 31, 2023. Quarterly HighlightsRevenue of $207.0 million, highest revenue since July 2012. EBITDA(1) of $43.6 million (or $0.53 per share), up from $43.0 million (or $0.52 per share) for the same period last year. Net earnings of $23.7 million (or $0.29 per share), up from $23.6 million (or $0.29 per share) for the same period last year. Spent $7.3 million repurchasing 875,268 shares. Net cash(1) position increased $23.4 million during the quarter to $84.2 million.“We continued to see strength in our business as the increase in demand...