Year: 2023

NEW YORK, Oct. 30, 2023 (GLOBE NEWSWIRE) — Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE:ARI) today reported results for the three and nine-month period ended September 30, 2023. Net income attributable to common stockholders per diluted share of common stock was $0.30 for the quarter ended September 30, 2023. Distributable Earnings (a non-GAAP financial measure defined below) and Distributable Earnings prior to net realized loss on investments and realized gain on extinguishment of debt per share of common stock were $0.37 for the quarter ended September 30, 2023. “ARI had another consistent quarter of generating distributable earnings in excess of our distribution per share of common stock,” said Stuart Rothstein, Chief Executive Officer and President of the Company. “Credit quality within ARI’s loan...

FRISCO, TX, Oct. 30, 2023 (GLOBE NEWSWIRE) — Comstock Resources, Inc. (“Comstock” or the “Company”) (NYSE: CRK) today reported financial and operating results for the quarter ended September 30, 2023. Highlights of 2023‘s Third QuarterContinued weak natural gas prices weighed heavily on the third quarter results. Natural gas and oil sales, including realized hedging gains, were $316 million. Operating cash flow was $167 million or $0.60 per diluted share. Adjusted EBITDAX for the quarter was $209 million. Adjusted net income was $11.7 million for the quarter. Solid results from the Haynesville shale drilling program with 21 (18.1 net) operated wells turned to sales since the Company’s last update with an average initial production of 29 MMcf per day. Latest two Western Haynesville wells were...

INDIANAPOLIS, Oct. 30, 2023 (GLOBE NEWSWIRE) — Kite Realty Group Trust (NYSE: KRG), a premier owner and operator of high-quality, open-air grocery-anchored neighborhood and community centers, along with vibrant mixed-use assets, reported today its operating results for the third quarter ended September 30, 2023. For the quarters ended September 30, 2023 and 2022, net income attributable to common shareholders was $2.1 million, or $0.01 per diluted share, compared to a net loss of $7.8 million, or $0.04 per diluted share, respectively. For the nine months ended September 30, 2023 and 2022, net income attributable to common shareholders was $39.5 million, or $0.18 per diluted share, compared to a net loss of $11.5 million, or $0.05 per diluted share, respectively.    Company raises 2023 guidance   Leased approximately 1.4 million...

– Acquired 70 USPS Properties for $24.2 Million –– 100% of Debt Set to Fixed Rates –– Collected 100% of Contractual Rents – CEDARHURST, N.Y., Oct. 30, 2023 (GLOBE NEWSWIRE) — Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,800 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to industrial facilities, today announced results for the quarter ended September 30, 2023. Highlights for the Quarter Ended September 30, 2023Acquired 70 USPS properties for approximately $24.2 million, excluding closing costs 17% growth in revenues from third quarter 2022 to third quarter 2023 Net income attributable to common shareholders was $1.2 million, or $0.04 per...

Reported total revenue of $53M with more than 40% year-over-year growth of exome and genome test revenue Expanded gross margins to 48% in continuing operations and delivered 52% year-over-year cash burn reduction Strengthened balance sheet with $75M debt facility from Perceptive Advisors and initiated a $40M annual cost savings plan Updated guidance to deliver $187-$192M in FY 2023 revenue and reiterate path to profitability in 2025 GeneDx to host conference call today at 4:30 p.m. ET STAMFORD, Conn., Oct. 30, 2023 (GLOBE NEWSWIRE) — GeneDx Holdings Corp. (Nasdaq: WGS), a leader in delivering improved health outcomes through genomic and clinical insights, today reported its financial results for the third quarter of 2023. “We have focused our entire company’s efforts on driving exome and genome utilization and improving...

– Increased Member Growth with Continued Positive Cash Flow – BOULDER, Colo., Oct. 30, 2023 (GLOBE NEWSWIRE) — Gaia, Inc. (NASDAQ: GAIA), a conscious media and community company, reported financial results for the third quarter ended September 30, 2023. “In the third quarter of 2023 we experienced another increase in revenue and member count while continuing with a positive cash flow generation,” said Jirka Rysavy, Gaia’s CEO. “Our annualized gross profit per employee in the third quarter grew to our all-time high of over $650,000, reflecting our operating efficiency, which was brought on by the cost improvements undertaken in the first quarter. Gaia Marketplace, which we rolled out so far only to less than 5% of our members, generated over $100,000 in sales within the first 20 days.” Gaia CFO Ned Preston commented:...

REDWOOD CITY, Calif., Oct. 30, 2023 (GLOBE NEWSWIRE) — Pulmonx Corporation (Nasdaq: LUNG) (“Pulmonx” or the “Company”), a global leader in minimally invasive treatments for lung disease, today reported financial results for the third quarter of 2023 ended September 30, 2023. Recent HighlightsAchieved record worldwide revenue of $17.7 million in the third quarter of 2023, a 31% increase over the same period last year and an increase of 29% on a constant currency basis Delivered a record $11.8 million in U.S. revenue in the third quarter of 2023, representing 41% year-over-year growth Realized gross margin of 74% in the third quarter of 2023 Added 15 new U.S. treatment centers for Zephyr Valves in the third quarter 2023 Approved for reimbursement by the Japanese Ministry of Health, Labour and Welfare (MHLW) for the...

Annual recurring revenues grew 16% year-over-year59% SaaS mix of new business and upsell ARR in the third quarterYear-to-date cash from operations generated $49.0 million vs. $8.4 million last yearYear-to-date free cash flow generated $46.0 million vs. $0.8 million last year NEW YORK, Oct. 30, 2023 (GLOBE NEWSWIRE) — Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced financial results for the third quarter ended September 30, 2023. Yaki Faitelson, Varonis CEO, said, “Our third quarter results reflect the continued healthy adoption of Varonis SaaS, and approximately 15% of total company ARR now comes from SaaS. The progress of our transition, coupled with our faster pace of innovation gets us closer to achieving our $1 billion ARR target and delivering meaningful stakeholder value.” Guy...

Secures Development Agreements for 100 Keke’s Cafés SPARTANBURG, S.C., Oct. 30, 2023 (GLOBE NEWSWIRE) — Denny’s Corporation (the “Company”) (NASDAQ: DENN), owner and operator of Denny’s Inc. (“Denny’s”) and Keke’s Inc. (“Keke’s”) today reported results for its third quarter ended September 27, 2023 and provided a business update on the Company’s operations. Kelli Valade, Chief Executive Officer, stated, “We were pleased to have generated a 1.8% increase in Denny’s domestic system-wide same-restaurant sales** and 15.5% growth in Adjusted EBITDA* during the third quarter. Despite a persistently challenging operating environment, we remain laser-focused on providing best-in-class breakfast, an unbeatable value proposition, and convenience through off-premises...

NEW YORK, Oct. 30, 2023 (GLOBE NEWSWIRE) — Medallion Financial Corp. (NASDAQ: MFIN, “Medallion” or the “Company”), a specialty finance company that originates and services loans in various consumer and commercial industries, along with offering loan origination services to fintech strategic partners, announced today its results for the quarter ended September 30, 2023. 2023 Third Quarter HighlightsNet income was $11.2 million, or $0.48 per share, compared to $7.6 million, or $0.32 per share, in the prior year quarter. $5.7 million of cash was collected on taxi medallion-related assets, with recoveries resulting in earnings of $0.10 per share. Net interest income grew 16% to $48.8 million from $42.0 million in the prior year quarter. Net interest margin on net loans was 8.64%, compared to 8.91% in the prior year quarter, and on...