Year: 2023

Five Star Bancorp Announces Third Quarter 2023 Results

Written by Customer Service on October 30, 2023. Posted in Public Companies.

RANCHO CORDOVA, Calif., Oct. 30, 2023 (GLOBE NEWSWIRE) — Five Star Bancorp (Nasdaq: FSBC) (the “Company” or “Five Star”), the holding company for Five Star Bank (the “Bank”), today reported net income of $11.0 million for the three months ended September 30, 2023, as compared to $12.7 million for the three months ended June 30, 2023 and $11.7 million for the three months ended September 30, 2022. Third Quarter Highlights Performance and operating highlights for the Company for the periods noted below included the following: Three months ended(in thousands, except per share and share data) September 30,2023 June 30,2023 September 30,2022Return on average assets (“ROAA”) 1.30 % 1.55 % 1.60 %Return on average equity (“ROAE”) 16.09 % 19.29 % 19.35 %Pre-tax income $ 15,795 $ 17,169 $ 16,534 Pre-tax,...

Coherus BioSciences to Report Third Quarter 2023 Financial Results on November 6, 2023

Written by Customer Service on October 30, 2023. Posted in Public Companies.

REDWOOD CITY, Calif., Oct. 30, 2023 (GLOBE NEWSWIRE) — Coherus BioSciences, Inc. (“Coherus”, Nasdaq: CHRS) today announced that its third quarter 2023 financial results will be released after market close on Monday, November 6, 2023. Starting at 5:00 p.m. ET on November 6, 2023, Coherus’ management team will host a conference call and webcast to discuss financial results and provide a general business update. Conference Call Information When: Monday, November 6, 2023, starting at 5:00 p.m. Eastern TimeTo access the conference call, please pre-register through the following link to receive dial-in information and a personal PIN to access the live call: https://register.vevent.com/register/BI0eececfba52f4f83a7438c9f002fabc4 Webcast: https://edge.media-server.com/mmc/p/z2fatkzx A press release containing the third quarter financial...

Douglas Dynamics Reports Third Quarter 2023 Results

Written by Customer Service on October 30, 2023. Posted in Public Companies.

Work Truck Solutions Improved Both Top and Bottom-Line Results Third Quarter Highlights:Produced Net Sales of $144.1 million Delivered Net Income of $5.8 million, or $0.24 of Diluted EPS Solutions Net Sales increased approximately 18%, and Adjusted EBITDA margin improved to 7.3% Updated 2023 guidance ranges Paid $0.295 per share cash dividendMILWAUKEE, Oct. 30, 2023 (GLOBE NEWSWIRE) — Douglas Dynamics, Inc. (NYSE: PLOW), North America’s premier manufacturer and upfitter of work truck attachments and equipment, today announced financial results for the third quarter ended September 30, 2023. Bob McCormick, President, and CEO stated. “While at first glance our results show negative comparisons to the same period last year in aggregate, there are plenty of positive elements to our results this quarter. Our Solutions segment produced...

Torex Gold Provides Quarterly Update on Media Luna Project

Written by Customer Service on October 30, 2023. Posted in Public Companies.

Project 49% complete as at the end of Q3 2023; Guajes Tunnel breakthrough expected by year-endFigure 1Breakthrough of Guajes Tunnel expected in late December (advance rates as at end of September)Figure 2Project execution plan for the Media Luna Project(All amounts expressed in U.S. Dollars unless otherwise stated) TORONTO, Oct. 30, 2023 (GLOBE NEWSWIRE) — Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) provides Q3 2023 update on the development of its Media Luna Project (“Media Luna”). Unless otherwise stated, progress and milestones referenced in this press release are as of September 30, 2023. Jody Kuzenko, President & CEO of Torex, stated: “Development of Media Luna continues to track well to plan, with first concentrate production remaining on track for late 2024 and commercial production...

Heartland Financial USA, Inc. (“HTLF”) Reports Quarterly and Year to Date Results as of September 30, 2023

Written by Customer Service on October 30, 2023. Posted in Earnings Releases And Operating Results.

Highlights and DevelopmentsQuarterly net income available to common stockholders of $46.1 million Quarterly diluted earnings per common share of $1.08, which includes $.04 of acquisition, integration and restructuring costs Quarterly loan growth of $154.5 million or 1% Total customer deposit growth during the quarter of $152.3 million or 1% Nonperforming assets to total assets and 30-89 day loan delinquencies remained unchanged at 0.33% and 0.12%, respectively Nonperforming loans to total loans decreased to 0.44% from 0.54% at June 30, 2023 and 0.60% at September 30, 2022 Completed the consolidation of two bank charters during the quarter, and the final charter was consolidated following the end of the quarter Quarter EndedSeptember 30, Nine Months Ended September 30, 2023 2022 2023 2022 Net income...

Transocean Ltd. Reports Third Quarter 2023 Results

Written by Customer Service on October 30, 2023. Posted in Earnings Releases And Operating Results.

Total contract drilling revenues were $713 million, compared to $729 million in the second quarter of 2023 (total adjusted contract drilling revenues of $721 million, compared to $748 million in the second quarter of 2023); Revenue efficiency(1) was 95.4%, compared to 97.2% in the prior quarter; Operating and maintenance expense was $524 million, compared to $484 million in the prior quarter; Net loss attributable to controlling interest was $220 million, $0.28 per diluted share, compared to $165 million, $0.22 per diluted share, in the second quarter of 2023; Adjusted EBITDA was $162 million, compared to $237 million in the prior quarter; and Contract backlog was $9.4 billion as of the October 2023 Fleet Status Report.STEINHAUSEN, Switzerland, Oct. 30, 2023 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) today reported a net...

First National Bank Alaska announces unaudited results for third quarter 2023

Written by Customer Service on October 30, 2023. Posted in Earnings Releases And Operating Results.

ANCHORAGE, Ala., Oct. 30, 2023 (GLOBE NEWSWIRE) — First National Bank Alaska’s (OTCQX:FBAK) net income for the third quarter of 2023 was $15.5 million, or $4.90 per share. This compares to a net income of $15.7 million, or $4.94 per share, for the same period in 2022. Year-to-date net income was $43.4 million, or $13.71 per share, compared to $43.9 million, or $13.85 per share for the same period in 2022. “First National’s steady, consistent performance in the third quarter highlights the bank’s strength and resilience as we head toward year-end,“ said Betsy Lawer, First National Board Chair and CEO/President. “With more than a century of experience and resources to bring into play, our dedicated employees are ready to answer our customers’ call as they continue to meet challenges and opportunities in Alaska – and beyond.” Assets...

Fitell Corporation Announces Fiscal 2023 Financial Results

Written by Customer Service on October 30, 2023. Posted in Earnings Releases And Operating Results.

TAREN POINT, Australia, Oct. 30, 2023 (GLOBE NEWSWIRE) — Fitell Corporation (Nasdaq: FTEL) (“Fitell” or the “Company”), an online retailer of gym and fitness equipment in Australia, today announced its 2023 annual financial results for the fiscal year ended June 30, 2023. Fitell’s Chief Executive Officer, Yinying “Sam” Lu commented, “Fitell’s mission is to build an ecosystem with a whole fitness and wellness experience powered by technology. This mission guides our strategic decisions and underscores our commitment to creating value for our shareholders. Furthering this perspective, Jamarson Kong, Fitell’s Chief Financial Officer, noted, “Throughout fiscal year 2023, we navigated several economic headwinds, notably the challenges posed by inflation and the rise in interest rates in Australia. Consequently,...

German American Bancorp, Inc. (GABC) Reports Solid Third Quarter 2023 Earnings

Written by Customer Service on October 30, 2023. Posted in Earnings Releases And Operating Results.

JASPER, Ind., Oct. 30, 2023 (GLOBE NEWSWIRE) — German American Bancorp, Inc. (Nasdaq: GABC) reported solid third quarter earnings of $21.5 million, or $0.73 per share. This level of quarterly earnings reflected a linked quarter decrease of $0.7 million, or approximately 3% on a per share basis, from 2023 second quarter earnings of $22.1 million or $0.75 per share. The Company remained well-positioned at the end of the third quarter of 2023 with continued solid liquidity and strong capital. Third quarter 2023 operating performance was highlighted by marginal net interest margin compression, solid loan growth, a stable/diversified deposit base, continued strong credit metrics, reductions in non-interest expense and stable/diversified non-interest income. The net interest margin declined marginally from 3.63% to 3.57%, or 6 basis...

Sientra Reports Preliminary Unaudited Third Quarter 2023 Financial Results and Provides Update on Outlook

Written by Customer Service on October 30, 2023. Posted in Public Companies.

IRVINE, Calif., Oct. 30, 2023 (GLOBE NEWSWIRE) — Sientra, Inc. (NASDAQ: SIEN) (“Sientra” or the “Company”), a surgical aesthetics company delivering the safest and most innovative solutions for the best outcomes, today announced preliminary unaudited financial results for the fiscal third quarter ended September 30, 2023. Total unaudited revenue for the third quarter of 2023 is expected to be in the range of $19.2 million to $19.7 million, compared to total revenue of $22.6 million in the prior year period. Third quarter results were adversely affected by overall softness in the market as well as more pronounced seasonal headwinds that led to a reduced number of augmentation and reconstruction cases during the third quarter, particularly in July and August. As a result of the preliminary third quarter financial performance and...

Year: 2023

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