Day: January 25, 2024

Global Satellite Data Services Market to Surpass 27.36 Billion by 2030 Driven by Growing Demand for Earth Observation Satellites

Written by Customer Service on January 25, 2024. Posted in Mergers And Acquisitions.

SkyQuest projects that the global satellite data services market will attain a value of USD 27.36 billion by 2030, with a CAGR of 19.50% during the forecast period (2023-2030). Earth photography is a vital tool across various domains, encompassing topographical mapping, disaster management, ecological monitoring (green mapping), traffic control, and infrastructure planning and development. The projected expansion of this field can be attributed to several key factors. Firstly, the growing demand for earth observation satellites underscores the significance of this technology in addressing critical global challenges in the global satellite data services market. Westford, USA, Jan. 25, 2024 (GLOBE NEWSWIRE) — According to SkyQuest, the increasing demand for satellite data services is primarily fueled by the expanding requirements...

Truxton Corporation Reports Fourth Quarter and Full Year 2023 Results

Written by Customer Service on January 25, 2024. Posted in Earnings Releases And Operating Results.

NASHVILLE, Tenn., Jan. 25, 2024 (GLOBE NEWSWIRE) — Truxton Corporation, the parent company for Truxton Trust Company (“Truxton” or “the Bank”) and subsidiaries, announced its operating results for the quarter and year ended December 31, 2023. Fourth quarter net income attributable to common shareholders was $4.2 million, or $1.46 earnings per diluted share, compared with $4.1 million, or $1.40 earnings per diluted share, for the same quarter in 2022. For the year ended December 31, 2023, net income increased by 4% to $17.5 million from $16.7 million in 2022. For the year ended December 31, 2023, earnings per diluted share rose to $6.02 from $5.75, an increase of 5% from 2022. “In what was a very challenging year for all banks, we are pleased with our financial results,” said Chairman and CEO Tom Stumb. “The strength of our business...

Lithium-Iron Phosphate Battery Market Size Worth USD 22.89 Billion in 2032 | Emergen Research

Written by Customer Service on January 25, 2024. Posted in Mergers And Acquisitions.

There is a rising demand for Lithium-iron Phosphate (LFP) over other batteries owing to its superior characteristics, which is driving the lithium-iron phosphate battery market revenue growth Vancouver, Jan. 25, 2024 (GLOBE NEWSWIRE) — The global lithium-iron phosphate battery market size was USD 13.00 Billion in 2022 and is expected to register a rapid revenue CAGR of 5.7% during the forecast period. There is a rising demand for Lithium-iron Phosphate (LFP) over other batteries owing to its superior characteristics, which is driving the market revenue growth. Safety remains a top priority for Electric Vehicle (EV) manufacturers. However, Li-ion batteries hold advanced technological potential, they still suffer from certain drawbacks, particularly in terms of safety. One notable issue is their tendency to overheat and sustain damage...

First Financial Northwest, Inc. Reports Net Income of $1.2 Million or $0.13 per Diluted Share for the Fourth Quarter and $6.3 Million or $0.69 per Diluted Share for the Year Ended December 31, 2023

Written by Customer Service on January 25, 2024. Posted in Earnings Releases And Operating Results.

RENTON, Wash., Jan. 25, 2024 (GLOBE NEWSWIRE) — First Financial Northwest, Inc. (the “Company”) (NASDAQ GS: FFNW), the holding company for First Financial Northwest Bank (the “Bank”), today reported net income for the quarter ended December 31, 2023, of $1.2 million, or $0.13 per diluted share, compared to $1.5 million, or $0.16 per diluted share, for the quarter ended September 30, 2023, and $3.2 million, or $0.35 per diluted share, for the quarter ended December 31, 2022. For the year ended December 31, 2023, net income was $6.3 million, or $0.69 per diluted share, compared to net income of $13.2 million, or $1.45 per diluted share, for the year ended December 31, 2022. “Credit quality remained strong as of year-end with nonperforming assets of $220,000 on a $1.2 billion total loan portfolio. Our analysis of the allowance for...

Sleep Economy or Sleep Aids Market Size Worth USD 950.22 Billion in 2032 | Emergen Research

Written by Customer Service on January 25, 2024. Posted in Mergers And Acquisitions.

The steady Sleep Economy or Sleep Aids market revenue growth can be attributed to increasing prevalence of sleep disorders, growing investments and funding by government toward promoting sleep health and recent trends and innovations in sleep technology Vancouver, Jan. 25, 2024 (GLOBE NEWSWIRE) — The global sleep economy or sleep aids market size was USD 512.80 Billion in 2022 and is expected to register a revenue CAGR of 6.3% during the forecast period. The steady market revenue growth can be attributed to increasing prevalence of sleep disorders, growing investments and funding by government toward promoting sleep health, and recent trends and innovations in sleep technology. In addition to this, growing market trend for wearable sleep aid devices is a major factor driving revenue growth of the market globally. Three components...

West Bancorporation, Inc. Announces Fourth Quarter and Year End 2023 Financial Results and Declares Quarterly Dividend

Written by Customer Service on January 25, 2024. Posted in Earnings Releases And Operating Results.

WEST DES MOINES, Iowa , Jan. 25, 2024 (GLOBE NEWSWIRE) — West Bancorporation, Inc. (Nasdaq: WTBA; the “Company”), parent company of West Bank, today reported 2023 net income of $24.1 million, or $1.44 per diluted common share, compared to 2022 net income of $46.4 million, or $2.76 per diluted common share. Net income for the fourth quarter 2023 was $4.5 million, or $0.27 per diluted common share, compared to third quarter 2023 net income of $5.9 million, or $0.35 per diluted common share, and fourth quarter 2022 net income of $8.9 million, or $0.53 per diluted common share. On January 24, 2024, the Company’s Board of Directors declared a regular quarterly dividend of $0.25 per common share. The dividend is payable on February 21, 2024, to stockholders of record on February 7, 2024. David Nelson, President and Chief Executive Officer...

BCB Bancorp, Inc. Earns $6.1 Million in Fourth Quarter 2023; Reports $0.35 EPS and Declares Quarterly Cash Dividend of $0.16 Per Share

Written by Customer Service on January 25, 2024. Posted in Earnings Releases And Operating Results.

BAYONNE, N.J., Jan. 25, 2024 (GLOBE NEWSWIRE) — BCB Bancorp, Inc. (the “Company”), (NASDAQ: BCBP), the holding company for BCB Community Bank (the “Bank”), today reported net income of $6.1 million for the fourth quarter of 2023, compared to $6.7 million in the third quarter of 2023, and $12.1 million for the fourth quarter of 2022. Earnings per diluted share for the fourth quarter of 2023 were $0.35, compared to $0.39 in the preceding quarter and $0.69 in the fourth quarter of 2022. The Company announced that its Board of Directors declared a regular quarterly cash dividend of $0.16 per share. The dividend will be payable on February 16, 2024 to common shareholders of record on February 5, 2024. As previously announced, the Company named Michael A. Shriner as the President and Chief Executive Officer of BCB Bancorp, Inc. and BCB...

Kearny Financial Corp. Announces Second Quarter Fiscal 2024 Results and Declaration of Cash Dividend

Written by Customer Service on January 25, 2024. Posted in Earnings Releases And Operating Results.

FAIRFIELD, N.J., Jan. 25, 2024 (GLOBE NEWSWIRE) — Kearny Financial Corp. (NASDAQ GS: KRNY) (the “Company”), the holding company of Kearny Bank (the “Bank”), reported a net loss for the quarter ended December 31, 2023 of $9.0 million, or $0.14 per diluted share, compared to net income of $9.8 million, or $0.16 per diluted share, for the quarter ended September 30, 2023. Earnings for the current quarter were adversely impacted by a number of non-recurring items, as discussed in further detail below. The Company also announced that its Board of Directors has declared a quarterly cash dividend of $0.11 per share, payable on February 21, 2024, to stockholders of record as of February 7, 2024. Craig L. Montanaro, President and Chief Executive Officer, commented, “This quarter we executed strategies, as described in further detail below,...

LPL Financial Welcomes Advisor Andrew Kutanovski

Written by Customer Service on January 25, 2024. Posted in Public Companies.

SAN DIEGO, Jan. 25, 2024 (GLOBE NEWSWIRE) — LPL Financial LLC (Nasdaq:LPLA) announced today that financial advisor Andrew Kutanovski, CFP®, has joined LPL Financial’s broker-dealer, RIA and custodial platforms. He reports serving approximately $160 million in advisory, brokerage and retirement plan assets* and transitions to LPL from Corebridge Financial, formerly Valic, a subsidiary of AIG. Hailing from the Chicagoland area from a family of financial service professionals, Kutanovski’s early exposure to finance fueled his career path. Beginning his journey as a financial advisor in 2016, and achieving his Certified Financial Planner status in 2020, he rapidly distinguished himself as a committed advisor, offering personalized financial planning and investment advisory services. The move to LPL signifies the inauguration of his...

Celularity and Genting Leaders Comments on Closing $21 Million Financing Transactions

Written by Customer Service on January 25, 2024. Posted in Public Companies.

Celularity closed two financing transactions on January 16, 2024, totaling $21 million in gross proceeds, consisting of a $6 million private placement with its largest investor, Dragasac Limited, and a $15 million amended and restated senior secured loan agreement with an existing lender, Resorts World Inc Pte Ltd. FLORHAM PARK, N.J., Jan. 25, 2024 (GLOBE NEWSWIRE) — Celularity Inc. (Nasdaq: CELU) (the “Company), a biotechnology company developing allogeneic cell therapies and biomaterial products, today announced that it closed two financing transactions totaling $21 million in gross proceed. As detailed in the Form 8-K filed by the Company, one of the two financing transactions is a securities purchase agreement with the Company’s largest investor, Dragasac Limited (“Dragasac”) providing for the private placement of shares of...

Day: January 25, 2024

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