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Day: January 16, 2024

Kentucky First Federal Bancorp Announces Suspension of Quarterly Cash Dividend

HAZARD, Ky. and FRANKFORT, Ky. and DANVILLE, Ky. and LANCASTER, Ky., Jan. 16, 2024 (GLOBE NEWSWIRE) — Kentucky First Federal Bancorp (Nasdaq: KFFB) (the “Company”), the holding company for First Federal Savings and Loan Association of Hazard, Kentucky and First Federal Savings Bank of Kentucky, Frankfort, Kentucky (collectively the “Banks”), announced today that the Company’s Board of Directors has voted to suspend the payment of the quarterly cash dividend on the Company’s common stock indefinitely. Emphasizing that the Banks are both well-capitalized under all applicable regulatory requirements and that asset quality remains good, Don Jennings, President and Chief Executive Office of the Company stated, “While the suspension of our quarterly dividend is very disappointing, as previously disclosed, we have experienced historical...

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Park Hotels & Resorts Announces Tax Treatment of 2023 Dividends

TYSONS, Va., Jan. 16, 2024 (GLOBE NEWSWIRE) — Park Hotels & Resorts Inc. (NYSE:PK) (“Park” or the “Company”) today announced the tax reporting information for its 2023 cash distributions on its Common Stock. The distributions, totaling $2.15 per share, were paid as follows: $0.15 on April 17, 2023; $0.15 on July 17, 2023; $0.15 on October 16, 2023; $0.77 on January 16, 2024, and $0.93 on January 16, 2024. For income tax purposes, the dividends for 2023, totaling $2.15 per share, are classified as $2.15 (100%) Total capital gain distribution. The following table summarizes the income tax treatment of the Company’s 2023 dividends: 2023 Dividend Tax Reporting Information (Form 1099-DIV) Park Hotels & Resorts Inc. Common Stock: PK CUSIP: 700517 105Record Date Payable Date Dividend per Share Total ordinary dividends...

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Progress Reports 2023 Fiscal Fourth Quarter and Year End Results

Fourth Quarter Revenues and Earnings Per Share Ahead of EstimatesARR Growth of 17% Year-over-Year BURLINGTON, Mass., Jan. 16, 2024 (GLOBE NEWSWIRE) — Progress (NASDAQ: PRGS), the trusted provider of infrastructure software, today announced financial results for its fiscal fourth quarter and fiscal year ended November 30, 2023. Fourth Quarter 2023 Highlights1:Revenue of $177.0 million increased 13% year-over-year on an actual currency basis and 11% year-over-year on a constant currency basis. Non-GAAP revenue of $177.5 million increased 12% year-over-year on an actual currency basis and 10% year-over-year on a constant currency basis. Annualized Recurring Revenue (“ARR”) of $574 million increased 17% year-over-year on a constant currency basis. Operating margin was 13% and non-GAAP operating margin was 35%. Diluted earnings per...

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Calavo Growers Evaluating Potential Sale of Its Fresh Cut Business (formerly “RFG”); Declares Quarterly Dividend

SANTA PAULA, Calif., Jan. 16, 2024 (GLOBE NEWSWIRE) — Calavo Growers, Inc. (Nasdaq: CVGW), a global avocado-industry leader and provider of convenient, ready-to-eat fresh food, today announced that it is exploring a sale of its Fresh Cut Business (formerly “RFG”) to F&S Fresh Foods. “Since I returned to Calavo as CEO in March, we have renewed our focus on our core avocado and guacamole businesses to maximize profitability, and I am pleased with the progress we have made,” said Lee E. Cole, President and Chief Executive Officer of Calavo Growers, Inc. “To dedicate more focus to our core and to maximize shareholder value, we have been exploring strategic alternatives for our Fresh Cut business, previously known as RFG. I am pleased to share that we have signed a non-binding letter of intent to evaluate a sale of our Fresh...

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Big 5 Sporting Goods Corporation Announces Fiscal 2023 Fourth Quarter and Full Year Sales Results and Update of Earnings Guidance

EL SEGUNDO, Calif., Jan. 16, 2024 (GLOBE NEWSWIRE) — Big 5 Sporting Goods Corporation (Nasdaq: BGFV) (the “Company,” “we,” “our,” “us,” “Big 5”), a leading sporting goods retailer, today reported sales results for the fiscal 2023 fourth quarter and full year ended December 31, 2023. For the fiscal 2023 fourth quarter, net sales were $196.3 million compared to net sales of $238.3 million for the fourth quarter of fiscal 2022. Same store sales decreased 17.7% for the fourth quarter of fiscal 2023 compared to the fourth quarter of fiscal 2022. The Company’s merchandise margins decreased 43 basis points for the fourth quarter of fiscal 2023 compared to the prior year period. “Our fourth quarter results were challenged by extraordinarily unfavorable winter weather conditions across our western footprint,” said Steven G. Miller, the...

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Hydromer, Inc. Wraps Up a Successful 2023, Including Restructuring, Contract Extensions, and the Launch of New Innovations

CONCORD, NC, Jan. 16, 2024 (GLOBE NEWSWIRE) — via NewMediaWire – Hydromer, Inc. (OTC: HYDI) Hydromer, Inc. (the “Company”) is pleased to provide the following update to shareholders regarding the Company’s progress toward stability and profitable growth. Much has been done since the spring of 2023 in reducing the Company’s overhead and operating costs, which management believes will lead to improved profitability in the current fiscal year. Additionally, investment in new product innovations and Sales & Marketing activities are anticipated to fuel pipeline development and revenue growth in this and future fiscal years. Major Elements of the Initiatives Revised Fiscal Year: Revised fiscal year from June 30 to December 31 with intent to publish audited financial statements for FY23 in 2024. Reduced Overhead: The Company has...

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Magna Announces Date for Q4 & Year End 2023 Results and 2024 Outlook Conference Call

AURORA, Ontario, Jan. 16, 2024 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA)MAGNA ANNOUNCES DATE FOR Q4 & YEAR END 2023 RESULTS and 2024 OUTLOOK CONFERENCE CALL   FRIDAY – FEBRUARY 9, 20248:00 AM ET   DIAL IN NUMBERSNorth America Toll-Free: 1-800-621-4410International Toll: 1-416-981-9010Webcast: www.magna.comSlide presentation will be available on our website prior to the call   REBROADCAST INFORMATIONReplay available 2 hours after the call until February 16, 2024North America Toll-Free: 1-800-558-5253International Toll: 1-416-626-4100Reservation No.: 22029006INVESTOR CONTACTLouis Tonelli, Vice-President, Investor Relationslouis.tonelli@magna.com  905-726-7035 TELECONFERENCE CONTACTNancy Hansford, Executive Assistant, Investor Relations nancy.hansford@magna.com ...

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Teledyne e2v announces next generation high-performance CMOS image sensors for extreme low light conditions

Teledyne e2v’s OnyxMax CMOS sensorThe new OnyxMax can detect small objects in harsh conditionsGRENOBLE, France, Jan. 16, 2024 (GLOBE NEWSWIRE) —  Teledyne e2v, a Teledyne Technologies company and global innovator of imaging solutions, announces OnyxMax™, the next generation of its popular Onyx 1.3M low light CMOS image sensor. This new sensor has been designed for extremely low light conditions, down to 1 mLux. The combination of sensitivity and image resolution increases its range, allowing even small objects to be detected in harsh conditions. This makes OnyxMax ideal for a wide range of applications including science, defense, traffic cameras, broadcast, surveillance, border control and astronomy. OnyxMax features 1.3 Megapixels (1,280 x 1,024) and is available in monochrome, as standard, and with CFA arrangements...

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Quarterly Report Investor Webinar

Perth, Jan. 17, 2024 (GLOBE NEWSWIRE) — QUARTERLY REPORT INVESTOR WEBINAR / CALL Perth, Western Australia/January 17, 2024/Perseus Mining Limited (ASX/TSX: PRU) is hosting an investor webinar and conference call to discuss its December 2023 Quarterly Results, which are anticipated for release around 8:30am AEDT on Wednesday January 24, 2024. CALL DETAILSAustralia: Wednesday January 24, 2024 Perth – 6:00am Sydney/Melbourne – 9:00am Canada: Tuesday January 23, 2024 Vancouver – 2:00pm Toronto – 5:00pm UK: Tuesday January 23, 2024 London – 10:00pmRegister for the investor webinar at the link below: https://us02web.zoom.us/webinar/register/WN_3puWYfHcSVyB8ddNzb2ytA After registering, you will receive a confirmation email containing information about joining the webinar. To join the webinar via telephone, please use one of...

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Euroseas Ltd. to Participate at Capital Link’s Corporate Presentation Series

ATHENS, Greece, Jan. 16, 2024 (GLOBE NEWSWIRE) — Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container vessels and provider of seaborne transportation for containerized cargoes, announced today that it will participate in Capital Link’s Corporate Presentation Webinar Series. On Thursday, January 18, 2024 at 10:00 AM Eastern Standard Time and 4:00 PM Central European Time, its senior management team will go through a presentation on the Company’s current operations, business development, growth prospects and sector outlook. You can register for the company presentation webinar below:Date: Thursday, January 18, 2024Time: 10:00 AM Eastern Standard Time and 4:00 PM Central European TimeSpeakers: Mr. Aristides Pittas, Chairman and CEODr. Tasos Aslidis, Treasurer and CFORegister: https://us06web.zoom.us/webinar/register/WN_N083G2nZRCS_sWiounV2_Q# On...

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