Fidelity D & D Bancorp, Inc. Reports 2023 Financial Results

Written by Customer Service on January 24, 2024. Posted in Earnings Releases And Operating Results.

DUNMORE, Pa., Jan. 24, 2024 (GLOBE NEWSWIRE) — Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC) and its banking subsidiary, The Fidelity Deposit and Discount Bank, announced its unaudited, consolidated financial results for the three and twelve month periods ended December 31, 2023. Unaudited Financial Information Net income recorded for the year ended December 31, 2023 was $18.2 million, or $3.19 diluted earnings per share, compared to $30.0 million, or $5.29 diluted earnings per share, for the year ended December 31, 2022. The $11.8 million, or 39% decline in net income stemmed from the $10.2 million reduction in net interest income and $5.2 million less non-interest income primarily from losses on the sale of securities partially offset by $3.4 million lower provision for income taxes. During the fourth quarter of 2023, the...

Verizon announces giveaways for Las Vegas residents ahead of the Big Game

Written by Customer Service on January 24, 2024. Posted in Public Companies.

The chance to win tickets begins January 22 and residents must live within 75 miles of a participating store in the Las Vegas area to qualify LAS VEGAS, Jan. 24, 2024 (GLOBE NEWSWIRE) — Fans will be flying in from all over to watch the biggest game in football, but Verizon is showing some love to locals by giving qualified Nevada residents a chance to win the hottest ticket in town – plus access to events and experiences leading up to kickoff. Two lucky fans who call Nevada home will win two tickets each1 to the game. Enter to win tickets to the game: Visit the red Verizon van or participating storeBeginning January 22, a branded Verizon van will be roaming the streets of Las Vegas. To enter the ticket sweepstakes for the big game, visit the red Verizon van or any of the 29 participating stores in the Las Vegas area. The chance...

Revive Therapeutics Ltd. Announces Offering of Up to $3 Million

Written by Customer Service on January 24, 2024. Posted in Public Companies.

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN TORONTO, Jan. 24, 2024 (GLOBE NEWSWIRE) — REVIVE THERAPEUTICS LTD. (CSE: RVV; OTCQB: RVVTF) (“Revive” or the “Company”) announces that it is arranging a private placement of a maximum of 85,714,285 units (each, a “Unit”), at a price of $0.035 per Unit, for gross proceeds of up to $3 million (the “Offering”). Each Unit shall be comprised of one common share (“Common Share”) in the capital of the Company and one-half (1/2) of a Common Share purchase warrant (“Warrant”) of the Company. Each whole Warrant shall entitle the holder thereof to acquire one additional Common Share at a price of $0.05 per Common Share for a period of thirty-six (36) months from the closing date (the...

Tigo Colombia to sell towers to KKR

Written by Customer Service on January 24, 2024. Posted in Public Companies.

Tigo Colombia to sell towers to KKR Luxembourg, January 24, 2024 – Millicom (NASDAQ: TIGO) announces today that its subsidiary Tigo Colombia has agreed to sell approximately 1,100 wireless communications towers to affiliates of investment funds managed by KKR, a leading global investment firm. KKR plans to work in partnership with NEXO LatAm, a digital infrastructure platform that supports the implementation of KKR’s infrastructure strategy throughout Latin America. As part of the transaction, Tigo Colombia and KKR have entered into a long-term agreement whereby KKR will lease wireless communications towers to Tigo Colombia to support its wireless networks. The exact number of towers will be determined once the various closings have taken place, which are subject to customary closing conditions. Mauricio Ramos, CEO and Chairman...

Currency Exchange International Announces a 15% and 21% Increase in Revenue for the Three-Months and Fiscal Year Ended October 31, 2023 Versus the Prior Year

Written by Customer Service on January 24, 2024. Posted in Earnings Releases And Operating Results.

TORONTO, Jan. 24, 2024 (GLOBE NEWSWIRE) — Currency Exchange International, Corp. (the “Group” or “CXI”) (TSX: CXI; OTCBB: CURN), announces its financial results and Management’s Discussion and Analysis (“MD&A”) for the three-months and fiscal year ended October 31, 2023 (all figures are in U.S. dollars except where otherwise indicated). The complete financial statements and MD&A can be found on the Company’s SEDAR profile at www.sedar.com. Randolph Pinna, CEO of the Group, stated, “The fourth quarter of 2023 was another strong quarter that capped a record year for CXI in which the Group generated revenue that was 100% higher than 2019, our last full year before the pandemic. This performance reflects our steadfast commitment to executing against the strategic plan that we developed in 2020. That strategy has seen...

First Advantage to Release Fourth Quarter and Full Year 2023 Financial Results and Hold Investor Conference Call on February 29, 2024

Written by Customer Service on January 24, 2024. Posted in Public Companies.

ATLANTA, Jan. 24, 2024 (GLOBE NEWSWIRE) — First Advantage Corporation (NASDAQ: FA), a leading global provider of employment background screening and verification solutions, will issue its fourth quarter and full year 2023 financial results on Thursday, February 29, 2024 prior to the Company’s earnings conference call, which will be held at 8:30 a.m. ET on the same day. Conference Call Details To participate in the conference call, please dial 800-267-6316 (domestic) or 203-518-9843 (international) approximately ten minutes before the 8:30 a.m. ET start. Please mention to the operator that you are dialing in for the First Advantage fourth quarter 2023 earnings call or provide the conference code FA4Q23. The call will also be webcast live on the Company’s investor relations website at https://investors.fadv.com under the “News &...

Equity Bancshares, Inc. Fourth Quarter Results Highlighted by 6.1% Annualized Loan Growth and Strategic Balance Sheet Repositioning

Written by Customer Service on January 24, 2024. Posted in Public Companies.

Company Announces Merger with Bank of Kirksville and Tangible Equity Growth WICHITA, Kan., Jan. 24, 2024 (GLOBE NEWSWIRE) — Equity Bancshares, Inc. (NYSE: EQBK), (“Equity”, “the Company”, “we,” “us,” “our”), the Wichita-based holding company of Equity Bank, reported a net loss of $28.3 million or $(1.84) earnings per diluted share for the quarter ended December 31, 2023. Excluding the impact of our previously announced bond repositioning and merger related expenses, operating income would have been $11.9 million or $0.77 earnings per diluted share. “Our Company entered the fourth quarter positioned to take advantage of market opportunities which we expect will drive our operating growth in the future,” said Brad S. Elliott, Chairman and CEO of Equity. “With our team’s efforts around capital creation and management, we were able...

NOVAGOLD Reports Fiscal Year 2023 Financial Results

Written by Customer Service on January 24, 2024. Posted in Earnings Releases And Operating Results.

Completion of 2023 Fieldwork, Permits Maintained, and Continuous Work at Donlin Gold that Enhances the Project’s Value and Visibility Strong Treasury of $126M in Cash and Term Deposits Welcomed Ben Machlis as VP General Counsel & Promoted Richard Williams as COO NOVAGOLD’s treasury remains healthy with $126 million in cash and term deposits as of November 30, 2023, which includes the $25 million note payment received from Newmont in July 2023, keeping NOVAGOLD in a strong financial position to advance the Donlin Gold project up the value chain. The Donlin Gold fieldwork was safely and successfully completed in July with a total of 44 direct hire employees, 63% being from the Yukon-Kuskokwim (Y-K) region. Trade-off studies and extensive analysis on project assumptions, inputs, design components for optimization (mine engineering,...

Live Oak Bancshares, Inc. Reports Fourth Quarter 2023 Results

Written by Customer Service on January 24, 2024. Posted in Earnings Releases And Operating Results.

WILMINGTON, N.C., Jan. 24, 2024 (GLOBE NEWSWIRE) — Live Oak Bancshares, Inc. (NYSE: LOB) (“Live Oak” or “the Company”) today reported fourth quarter of 2023 net income of $16.2 million, or $0.36 per diluted share. Net income for the year ended December 31, 2023, totaled $73.9 million, or $1.64 per diluted share. “Live Oak Bank spent 2023 doing what we do best — growing loans, deposits, and revenue in our mission to support small business owners, our employees and our shareholders,” said Live Oak Chairman and CEO James S. (Chip) Mahan III. “When looking back at 2023, it is clear that our customers and our model were extraordinarily resilient. We are proud to serve America’s small business owners through all cycles and believe our fourth quarter results, and the historical performance of our bank, continue to demonstrate our...

FS Bancorp, Inc. Reports $36.1 Million of Net Income or $4.56 Per Diluted Share for 2023 and a 4% Increase in its Quarterly Dividend to $0.26 Per Share

Written by Customer Service on January 24, 2024. Posted in Earnings Releases And Operating Results.

MOUNTLAKE TERRACE, Wash., Jan. 24, 2024 (GLOBE NEWSWIRE) — FS Bancorp, Inc. (NASDAQ: FSBW) (the “Company”), the holding company for 1st Security Bank of Washington (the “Bank”), today reported 2023 net income of $36.1 million, or $4.56 per diluted share, compared to $29.6 million, or $3.70 per diluted share for 2022. Fourth quarter net income was $9.8 million, or $1.23 per diluted share, compared to $7.6 million, or $0.97 per diluted share, for the comparable quarter one year ago. “Utilizing the Bank’s highly diversified balance sheet, our team achieved our goal of producing strong financial results in varying rate and economic environments,” stated Joe Adams, CEO. “We are also pleased that our Board of Directors increased and approved our forty-fourth consecutive quarterly cash dividend. The quarterly dividend will be paid...

Day: January 24, 2024

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