Year: 2023

Verizon reports strong 3Q results momentum, raises free cash flow guidance

Written by Customer Service on October 24, 2023. Posted in Public Companies.

Company ended the quarter with approximately 10.3 million broadband subscribers, an increase of nearly 21 percent year over year Year-to-date cash flow from operations increased approximately $600 million year over year, and year-to-date free cash flow1 increased $2.2 billion year over year 3Q 2023 highlights Consolidated:$1.13 in EPS, compared with $1.17 in third-quarter 2022; adjusted EPS1, excluding special items, of $1.22, compared with $1.32 in third-quarter 2022. Total operating revenue of $33.3 billion, a decrease of 2.6 percent from third-quarter 2022. Year-to-date cash flow from operations of $28.8 billion, an increase from $28.2 billion in 2022. Free cash flow1 year-to-date was $14.6 billion, an increase from $12.4 billion in 2022. Net income of $4.9 billion, a decrease of 2.8 percent from third-quarter 2022, and consolidated...

Sweetwater Brewing Company Unveils Fall Craft Beer Lineup

Written by Customer Service on October 24, 2023. Posted in Public Companies.

New Brewer’s Batch Series Debuts with Golden Ale and India Pale Ale; Popular Georgia Brown Ale, Mosaic Hazy IPA, and Fresh Sticky Nugs Hazy Double IPA Make Limited ReturnSweetWater Brewing’s Georgia Brown Ale Returns for the SeasonOne of SweetWater’s most popular beers and a Great American Beer Festival Gold Medal Winner, Georgia Brown Ale (5.8% Alcohol by Volume (ABV)) is back and featuring deep chocolate and caramel notes and a subtle nutty finish.ATLANTA, Oct. 24, 2023 (GLOBE NEWSWIRE) — SweetWater Brewing Company (“SweetWater”), the largest craft brewer in the Southeast and a subsidiary of Tilray Brands, Inc. (“Tilray” or the “Company”) (NASDAQ: TLRY and TSX: TLRY), today unveiled its highly anticipated fall lineup of craft brews and the release of the new limited series Brewer’s Batch...

Angus Gold Commences First Exploration Drill Program on Eagle River Splay Gold Targets, Golden Sky Project, Wawa

Written by Customer Service on October 24, 2023. Posted in Public Companies.

Figure 1Surface Map – Angus Gold’s Eagle River Splay Exploration Area, Golden Sky ProjectHighlights:Fall drilling program to test new gold targets in the Eagle River Splay Area Priority gold targets were identified with strong geophysical anomalies and are associated with a splay of the Eagle River Deformation Zone that is host to Wesdome’s Eagle River Mine Numerous historic surface samples > 5 g/t Au were collected in the exploration area No historical drilling has been completed in this area Fall program to comprise approximately 2,000 metres in 6 holesTORONTO, Oct. 24, 2023 (GLOBE NEWSWIRE) — Angus Gold Inc. (TSX-V: GUS | OTC: ANGVF) (“Angus” or the “Company”) is pleased to announce it has commenced the fall drilling program on the Eagle River Splay Area on its 100%-owned Golden Sky Project in Wawa, Ontario. The...

Garrett Motion Reports Third Quarter 2023 Financial Results, Awarded Two Additional E-Cooling Pre-Developments, Debuts the GT80, Garrett’s Largest Turbo for Industrial Customers

Written by Customer Service on October 24, 2023. Posted in Earnings Releases And Operating Results.

Third Quarter 2023 HighlightsNet sales totaled $960 million, up 2% on a reported basis, down 1% at constant currency* Net income totaled $57 million; Net income margin 5.9% Adjusted EBITDA* totaled $152 million; Adjusted EBITDA margin* of 15.8% Net cash provided by operating activities totaled $74 million Adjusted free cash flow* totaled $57 million Early debt repayment of $200 million Repurchased $161 million of Common Stock Upgraded by S&P to BB- rating, with stable outlook Revised and narrowed 2023 outlook range for currency headwindsROLLE, Switzerland, Oct. 24, 2023 (GLOBE NEWSWIRE) — Garrett Motion Inc. (Nasdaq: GTX), a leading differentiated automotive technology provider, today announced its financial results for the three and nine months ended September 30, 2023.$ millions (unless otherwise noted) Q3 2023 Q3...

Capital City Bank Group, Inc. Reports Third Quarter 2023 Results

Written by Customer Service on October 24, 2023. Posted in Earnings Releases And Operating Results.

TALLAHASSEE, Fla., Oct. 24, 2023 (GLOBE NEWSWIRE) — Capital City Bank Group, Inc. (NASDAQ: CCBG) today reported net income attributable to common shareowners of $13.2 million, or $0.78 per diluted share, for the third quarter of 2023 compared to $14.6 million, or $0.85 per diluted share, for the second quarter of 2023, and $11.3 million, or $0.67 per diluted share, for the third quarter of 2022. For the first nine months of 2023, net income attributable to common shareowners totaled $42.7 million, or $2.51 per diluted share, compared to net income of $28.5 million, or $1.68 per diluted share, for the same period of 2022. QUARTER HIGHLIGHTS (3rd Quarter 2023 versus 2nd Quarter 2023) Income StatementTax-equivalent net interest income totaled $39.2 million compared to $40.1 million for the prior quarter and reflected higher deposit...

The Simply Good Foods Company Reports Fiscal Fourth Quarter and Full Fiscal Year 2023 Financial Results and Provides Full Fiscal Year 2024 Outlook

Written by Customer Service on October 24, 2023. Posted in Earnings Releases And Operating Results.

DENVER, Colo., Oct. 24, 2023 (GLOBE NEWSWIRE) — The Simply Good Foods Company (Nasdaq: SMPL) (“Simply Good Foods,” or the “Company”), a developer, marketer and seller of branded nutritional foods and snacking products, today reported financial results for the thirteen and fifty-two weeks ended August 26, 2023. Fourth Quarter Summary:(1)Net sales of $320.4 million versus $274.2 million Net income of $36.6 million versus $30.1 million Earnings per diluted share (“EPS”) of $0.36 versus $0.30 Adjusted Diluted EPS(3) of $0.45 versus $0.36 Adjusted EBITDA(4) $67.3 million versus $51.0 millionFull Year Fiscal 2024 outlook:Net sales expected to increase at the high end of the Company’s long-term algorithm of 4-6%, including the benefit of a fifty- third week Adjusted EBITDA(4,6) anticipated to increase slightly greater than the net...

Eneti Inc. Signs Installation Contract for Newbuild WTIV

Written by Customer Service on October 24, 2023. Posted in Mergers And Acquisitions.

MONACO, Oct. 24, 2023 (GLOBE NEWSWIRE) — Eneti Inc. (NYSE:NETI) (the “Company”) announced today that Seajacks UK Limited, a wholly-owned subsidiary of the Company and a leading provider of installation and maintenance vessels to the offshore wind sector, has signed a contract with an undisclosed client to transport and install turbines. With mobilization commencing in the second quarter of 2027, the contract will be performed by one of the Company’s two NG16000X Wind Turbine Installation Vessels currently under construction at Hanwha Ocean in South Korea. Inclusive of mobilization and demobilization, the engagement is expected to be between 180 and 210 days and generate approximately USD 73 million to USD 84 million of gross revenue. Project costs are expected to be USD 8 million in aggregate. Emanuele Lauro, CEO of Eneti, says,...

TransUnion Announces Third Quarter 2023 Results

Written by Customer Service on October 24, 2023. Posted in Earnings Releases And Operating Results.

Grew revenues by 3 percent, driven by strength in International and Neustar; navigated increasing end-market softness in U.S. Markets and the United Kingdom throughout the quarter Prepaid $75 million in debt in the quarter and anticipate making additional prepayments in the fourth quarter Revising 2023 full-year guidance to account for moderating growth expectations; expecting 2 to 3 percent revenue growth, led by InternationalCHICAGO, Oct. 24, 2023 (GLOBE NEWSWIRE) — TransUnion (NYSE: TRU) (the “Company”) today announced financial results for the quarter ended September 30, 2023. Third Quarter 2023 Results Revenue:Total revenue for the quarter was $969 million, an increase of 3 percent (3 percent on a constant currency basis), compared with the third quarter of 2022.Earnings:Net income (loss) attributable to TransUnion...

Radware Launches Enhanced Program for Managed Security Service Providers

Written by Customer Service on October 24, 2023. Posted in Public Companies.

Combines a high margin data center protection and application security service offering with low cost of entry MAHWAH, N.J., Oct. 24, 2023 (GLOBE NEWSWIRE) — Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, today announced it enhanced its Cybersecurity Partner Program with an expanded offering for Managed Security Service Providers (MSSPs). The refreshed program will make it easier for MSSPs to expand their value-added service portfolio and manage the hosted security services needed to address the surge in cyberattacks and shortage in skilled cybersecurity talent. To accelerate revenue growth, partners will have access to new licensing models, expanded technical training, and more marketing and sales enablement tools. “The updated program is designed to put a portfolio of high margin,...

Grocery Outlet Holding Corp. Announces Third Quarter Fiscal 2023 Earnings Release and Conference Call Date

Written by Customer Service on October 24, 2023. Posted in Public Companies.

EMERYVILLE, Calif., Oct. 24, 2023 (GLOBE NEWSWIRE) — Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet”) today announced that its financial results for the third quarter of fiscal 2023 will be released after the market close on Tuesday, November 7, 2023. The company will host a conference call at 4:30pm ET (1:30pm PT) to discuss the results. Investors and analysts interested in joining the call are invited to dial (877) 407-9208 approximately 10 minutes prior to the start of the call. A live audio webcast of the conference call will be available online at https://investors.groceryoutlet.com. A taped replay of the conference call will be available within two hours of the conclusion of the call and can be accessed online or by dialing (844) 512-2921 and entering access code 13741237. The replay will be available for approximately...

Year: 2023

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