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Month: January 2024

Haynes International, Inc. to Host First Quarter Fiscal Year 2024 Conference Call

Company to host conference call on February 9, 2024 at 9:00 AM ESTKOKOMO, Ind., Jan. 26, 2024 (GLOBE NEWSWIRE) — Haynes International, Inc. (NASDAQ GM: HAYN) a leading developer, manufacturer and marketer of technologically advanced high-performance alloys, announced today that it will host a conference call on Friday, February 9, 2024 to discuss its first quarter fiscal year 2024 financial results for the period ended December 31, 2023. A press release announcing the results will be issued after market close on February 8, 2024. Michael Shor, President and Chief Executive Officer, and Daniel Maudlin, Vice President of Finance and Chief Financial Officer, will host the call and be available to answer questions. To participate, please dial the teleconferencing number shown below five minutes prior to the scheduled conference...

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HII to Hold Investor Day

NEWPORT NEWS, Va., Jan. 26, 2024 (GLOBE NEWSWIRE) — HII (NYSE: HII) will host its Investor Day on March 20, 2024. The event will feature presentations on the company’s strategy and financial outlook, as well as question and answer sessions, with Chris Kastner, president and CEO, Tom Stiehle, executive vice president and chief financial officer, and other members of HII’s senior leadership team. The Investor Day will be held at the New York Stock Exchange. The event will begin at 9 a.m. Eastern Standard Time. Due to limited capacity, in-person attendance is by invitation only. All interested parties are invited to access the live webcast from HII’s Investor Relations site. A replay will be available after the conclusion of the event. About HII HII is a global, all-domain defense provider. HII’s mission is to deliver the world’s...

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Community West Bancshares Reports Full Year Earnings and Declares Quarterly Cash Dividend of $0.08 Per Common Share

GOLETA, Calif., Jan. 26, 2024 (GLOBE NEWSWIRE) — Community West Bancshares (“Community West” or the “Company”), (NASDAQ: CWBC), parent company of Community West Bank (the “Bank”), today reported net income of $7.3 million, or $0.81 per diluted share, for the year ended December 31, 2023, compared to $13.4 million, or $1.51 per diluted share, for the year ended December 31, 2022.   For the quarter ended December 31, 2023, the Company reported $479,000, or $0.05 per diluted share compared to $2.3 million or $0.25 per diluted share for the preceding quarter and $3.4 million, or $0.38 per diluted share for the fourth quarter of 2022. The earnings for the fourth quarter and full year 2023 were negatively impacted by expenses associated with the pending merger with Central Valley Community Bancorp.   The Company’s Board of Directors...

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Pacific Financial Corp Earns $2.9 Million, or $0.28 per Diluted Share, for Fourth Quarter 2023, and Record Earnings of $14.6 Million, or $1.40 per Diluted Share, for the full year ended December 31, 2023; Declares Quarterly Cash Dividend of $0.14 per Share

ABERDEEN, Wash., Jan. 26, 2024 (GLOBE NEWSWIRE) — Pacific Financial Corporation (OTCQX: PFLC), (“Pacific Financial”) or the (“Company”), the holding company for Bank of the Pacific (the “Bank”), reported net income of $2.9 million, or $0.28 per diluted share for the fourth quarter of 2023, compared to $3.6 million, or $0.35 per diluted share for the third quarter of 2023, and $4.7 million, or $0.45 per diluted share for the fourth quarter of 2022. For the year ended December 31, 2023, net income was $14.6 million, or $1.40 per diluted share, compared to $10.9 million, or $1.04 per diluted share, for the full year of 2022. All results are unaudited.  The board of directors of Pacific Financial declared a quarterly cash dividend of $0.14 per share on January 24, 2024. The dividend will be payable on February 23, 2024 to shareholders...

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Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.61 per Share

ANCHORAGE, Alaska, Jan. 26, 2024 (GLOBE NEWSWIRE) — ANCHORAGE, AK — January 26, 2024 — Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.61 per share. The dividend will be payable on March 15, 2024, to shareholders of record at the close of business on March 7, 2024. “We are pleased to announce a quarterly dividend of $0.61 per share, as we continue to be committed to providing returns to our shareholders,” said Joe Schierhorn, President and CEO. At the stock price of $53.46 per share at the close of the market on January 25, 2024, the current dividend equates to a yield of 4.56% on an annualized basis. On January 25, 2024, Northrim reported net income of $6.6 million, or $1.19 per diluted share, in the fourth quarter of 2023, compared to $8.4 million,...

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NewLake Capital Partners, Inc. Announces Tax Characteristics of 2023 Dividends

NEW CANAAN, Conn., Jan. 26, 2024 (GLOBE NEWSWIRE) — NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, announced today the tax treatment of its common stock dividends declared in 2023. The below information is provided to assist the Company’s stockholders with tax reporting requirements related to dividend distribution of taxable income by the Company. Stockholders should receive IRS Form 1099-DIV containing this information from their brokers, transfer agents or other institutions. These tax statements should be reviewed to ensure that they agree with the information provided below. Tax Treatment of Distributions The Federal Income Tax classification of the 2023 dividend distributions on the Company’s common stock, as it is...

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Mesa Air Group Reports Fourth Quarter and Fiscal Full-Year 2023 Results

PHOENIX, Jan. 26, 2024 (GLOBE NEWSWIRE) — Mesa Air Group, Inc. (NASDAQ: MESA) (“Mesa” or the “Company”) today reported fourth quarter and fiscal full-year 2023 financial and operating results. Fiscal Fourth Quarter Financial Update:Total operating revenues of $114.4 million Pre-tax loss of $31.3 million, net loss of $28.3 million or $(0.69) per diluted share Adjusted net loss1 of $26.4 million2 or $(0.64) per diluted shareDevelopments Subsequent to Fourth Quarter End:Entered into agreements with United Airlines for amendments to CPA and credit agreementsIncreased block-hour rates in CPA projected to generate approximately $63.5 million in incremental revenue over next twelve monthsSold or entered into agreements to sell excess CRJ-900 aircraft and related engines for combined gross proceeds of $198.0 million, which has...

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Juniata Valley Financial Corp. Announces Quarter and Year End December 31, 2023 Results

Mifflintown, Jan. 26, 2024 (GLOBE NEWSWIRE) — Mifflintown, PA, January 26, 2024 (GLOBE NEWSWIRE) — Juniata Valley Financial Corp. (OTCQX:JUVF) (“Juniata”) announced net income for the three months ended December 31, 2023 of $1.7 million compared to net income of $2.1 million for the three months ended December 31, 2022. Earnings per share, basic and diluted, was $0.33 for the three months ended December 31, 2023, compared to $0.42 for the three months ended December 31, 2022. Net income for the year ended December 31, 2023 was $6.6 million compared to net income of $8.3 million for the year ended December 31, 2022. Basic and diluted earnings per share were $1.32 and $1.31, respectively, for the year ended December 31, 2023 compared to basic and diluted earnings per share of $1.66 for the corresponding 2022 period. President’s...

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Foremost Lithium Announces Results of AGM and Appointments

VANCOUVER, British Columbia, Jan. 26, 2024 (GLOBE NEWSWIRE) — Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost Lithium”, “Foremost” or the “Company”), a North American hard-rock lithium exploration company, is pleased to announce the results of the Company’s annual general and special meeting of shareholders (the “AGM”) held on January 25, 2024, in Vancouver, British Columbia. The Company is pleased to report that, at its AGM, shareholders voted to elect Jason Barnard, Michael McLeod, Johnathan More, Andrew Lyons and Douglas L. Mason as directors of the Company for the ensuing year. In addition, at the AGM shareholders also approved the appointment of MNP LLP, Chartered Professional Accountants, as the Company’s auditor, and authorized the directors to fix the auditor’s remuneration. Furthermore,...

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Yoshitsu Co., Ltd. Announces Pricing of $4.0 Million Registered Direct Offering and Private Placement

Tokyo, Japan, Jan. 26, 2024 (GLOBE NEWSWIRE) — Yoshitsu Co., Ltd (“Yoshitsu” or the “Company”) (Nasdaq: TKLF), a retailer and wholesaler of Japanese beauty and health products, sundry products, luxury products, electronic products, as well as other products in Hong Kong, mainland China, Japan, North America, and the United Kingdom, today announced that it has entered into securities purchase agreements with certain institutional investors providing for the issuance of 5,970,152 American Depositary Shares (“ADSs”), at a purchase price of $0.67 per ADS, in a registered direct offering. In a concurrent private placement, the Company also agreed to sell to the same investors ADS purchase warrants. Aggregate gross proceeds to the Company for both transactions are expected to be approximately $4,000,000. The warrants have an exercise...

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