Year: 2023

CTO Realty Growth Reports Third Quarter 2023 Operating Results

Written by Customer Service on October 26, 2023. Posted in Earnings Releases And Operating Results.

WINTER PARK, Fla., Oct. 26, 2023 (GLOBE NEWSWIRE) — CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced its operating results and earnings for the quarter ended September 30, 2023. Select ResultsReported Net Income per diluted share attributable to common stockholders of $0.07 for the quarter ended September 30, 2023. Reported Core FFO per diluted share attributable to common stockholders of $0.47 for the quarter ended September 30, 2023. Reported AFFO per diluted share attributable to common stockholders of $0.48 for the quarter ended September 30, 2023. Sold two properties during the quarter for total disposition activity of $20.9 million at a weighted average exit cap rate of 6.9%, generating total gains on sales of $2.5 million. Reported a decrease in Same-Property NOI of (4.5%) for the quarter...

Seacoast Reports Third Quarter 2023 Results

Written by Customer Service on October 26, 2023. Posted in Earnings Releases And Operating Results.

Well-Positioned Balance Sheet with Strong Capital and Liquidity Organic Deposit Growth Highlights Third Quarter Results Robust Capital Position Builds Quarter over Quarter STUART, Fla., Oct. 26, 2023 (GLOBE NEWSWIRE) — Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF) today reported net income in the third quarter of 2023 of $31.4 million, or $0.37 per diluted share, compared to $31.2 million, or $0.37 per diluted share in the second quarter of 2023 and $29.2 million, or $0.47 per diluted share in the third quarter of 2022. For the nine months ended September 30, 2023, net income was $74.5 million, or $0.89 per diluted share, a decrease of 10% compared to the nine months ended September 30, 2022. Adjusted net income1 for the third quarter of 2023 was $39.7 million, or $0.46...

SP Plus Corporation to Release Third Quarter 2023 Results on November 1, 2023

Written by Customer Service on October 26, 2023. Posted in Mergers And Acquisitions.

CHICAGO, Oct. 26, 2023 (GLOBE NEWSWIRE) — SP Plus Corporation (NASDAQ: SP) today announced that it expects to release third quarter 2023 earnings on Wednesday, November 1, 2023, after the close of market. On October 5, 2023, SP announced the acquisition of SP Plus Corporation for $1.5 billion by Metropolis Technologies, Inc. In light of the pending acquisition, SP Plus will not be hosting an earnings conference call. About SP+ SP+ blends industry-leading technology and best-in-class operations to deliver mobility solutions that enable the efficient movement of people, vehicles and personal belongings. The Company is committed to elevating the consumer experience while meeting the objectives of its diverse clients across North America and Europe. For more information, visit www.spplus.com.Media Contacts: David Gold Vicky...

Hub Group, Inc. Reports Third Quarter 2023 Results

Written by Customer Service on October 26, 2023. Posted in Earnings Releases And Operating Results.

Highlights:Diluted earnings per share (EPS) of $0.97 and revenue of $1.0 billion for the quarter Quarterly operating income of $43 million (4.2% of revenue) driven by performance of our Logistics Segment Exceptionally strong balance sheet, ending the quarter with cash and cash equivalents of over $400 million Announced capital allocation plan, including a stock split effectuated by stock dividend, regular quarterly cash dividend, new share repurchase authorization and long-term leverage targetOAK BROOK, Ill., Oct. 26, 2023 (GLOBE NEWSWIRE) — Hub Group, Inc. (NASDAQ:HUBG) announced third quarter 2023 net income of $30 million, and diluted earnings per share of $0.97. Net income for third quarter 2022 was $87 million, or $2.61 per diluted share. Third quarter results were impacted by lower gain on sale of assets of $7.8 million...

Financial Institutions, Inc. Announces Third Quarter 2023 Results

Written by Customer Service on October 26, 2023. Posted in Earnings Releases And Operating Results.

WARSAW, N.Y., Oct. 26, 2023 (GLOBE NEWSWIRE) — Financial Institutions, Inc. (NASDAQ: FISI) (the “Company,” “we” or “us”), parent company of Five Star Bank (the “Bank”), SDN Insurance Agency, LLC (“SDN”) and Courier Capital, LLC (“Courier Capital”), today reported financial and operational results for the third quarter ended September 30, 2023. Net income was $14.0 million for the third quarter of 2023, compared to $14.4 million in the second quarter of 2023 and $13.9 million in the third quarter of 2022. After preferred dividends, net income available to common shareholders was $13.7 million, or $0.88 per diluted share, in the third quarter of 2023, compared to $14.0 million, or $0.91 per diluted share, in the second quarter of 2023, and $13.5 million, or $0.88 per diluted share, in the third quarter of 2022. The Company recorded...

SPS Commerce Reports Third Quarter 2023 Financial Results

Written by Customer Service on October 26, 2023. Posted in Earnings Releases And Operating Results.

Company delivers 91st consecutive quarter of topline growth Revenue growth of 18% year-over-year; Recurring revenue growth of 20% year-over-year MINNEAPOLIS, Oct. 26, 2023 (GLOBE NEWSWIRE) — SPS Commerce, Inc. (Nasdaq: SPSC), a leader in retail cloud services, today announced financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial HighlightsRevenue was $135.7 million in the third quarter of 2023, compared to $114.5 million in the third quarter of 2022, reflecting 18% growth. Recurring revenue grew 20% from the third quarter of 2022. Net income was $16.8 million or $0.45 per diluted share, compared to net income of $15.9 million or $0.43 per diluted share in the third quarter of 2022. Non-GAAP income per diluted share was $0.75, compared to non-GAAP income per diluted share of $0.63 in the...

Ekso Bionics Reports Third Quarter 2023 Revenue Growth of 38%

Written by Customer Service on October 26, 2023. Posted in Earnings Releases And Operating Results.

Achieves Record Quarter of EVO Unit Sales SAN RAFAEL, Calif., Oct. 26, 2023 (GLOBE NEWSWIRE) — Ekso Bionics Holdings, Inc. (Nasdaq: EKSO) (the “Company”), an industry leader in exoskeleton technology for medical and industrial use, today reported financial results for the three and nine months ended September 30, 2023. Recent Highlights and AccomplishmentsReported revenue of $4.6 million in the third quarter of 2023, an increase of 38% year-over-year Sold a total of 41 EksoHealth devices in the third quarter of 2023 Record quarter of EVO unit sales Gross profit of $2.5 million in the third quarter of 2023, compared to $1.7 million in the same period last year“We continued to generate strong sales of our EksoHealth devices reflecting solid multi-unit order flow with large network operators and continued customer adoption of...

Regeneron Shares Preliminary Results Showing Gene Therapy Improves Auditory Responses in Child with Profound Genetic Hearing Loss

Written by Customer Service on October 26, 2023. Posted in Public Companies.

Global Phase 1/2 CHORD trial investigating otoferlin gene therapy (DB-OTO) represents Regeneron’s first auditory program and is currently enrolling patients DB-OTO is part of a growing pipeline of genetic medicines for hearing loss and other therapeutic areas that are being advanced by the company TARRYTOWN, N.Y., Oct. 26, 2023 (GLOBE NEWSWIRE) — Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) today announced preliminary, positive safety and efficacy results from the first patient (

BayFirst Financial Corp. Reports Third Quarter 2023 Results; Highlighted by Third Consecutive Quarter of Earnings Growth and Continued Core Loan and Deposit Growth

Written by Customer Service on October 26, 2023. Posted in Public Companies.

ST. PETERSBURG, Fla., Oct. 26, 2023 (GLOBE NEWSWIRE) — BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today reported net income of $1.9 million, or $0.41 per diluted common share, for the third quarter of 2023 compared to $1.4 million, or $0.29 per diluted common share, in the second quarter of 2023. Net income from continuing operations was $2.0 million for the third quarter of 2023, compared to net income from continuing operations of $1.4 million in the second quarter of 2023 and $3.1 million in the third quarter of 2022. The increase in earnings from continuing operations during the third quarter of 2023, as compared to the second quarter of 2023, was primarily the result of higher noninterest income of $3.7 million, or 34.2%, substantially attributable...

STRATTEC SECURITY CORPORATION Reports Fiscal 2024 First Quarter Operating Results

Written by Customer Service on October 26, 2023. Posted in Public Companies.

MILWAUKEE, Wis., Oct. 26, 2023 (GLOBE NEWSWIRE) — STRATTEC SECURITY CORPORATION (“STRATTEC” or the “Company”) (NASDAQ:STRT) today reported operating results for the fiscal first quarter ended October 1, 2023. Net sales for the first quarter ended October 1, 2023 were $135.4 million, compared to net sales of $120.4 million for the first quarter ended October 2, 2022. Net income was $4.2 million in the current year first quarter, compared to net income of $125,000 in the prior year first quarter. Diluted earnings per share for the current year quarter were $1.05 and for the prior year first quarter were $0.03. Net sales to each of our customers in the current year quarter and prior year quarter were as follows (in thousands): Three Months Ended October 1, 2023 October 2, 2022General Motors Company $ 40,505 $ 38,150Stellantis 27,297 17,155Ford...

Year: 2023

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