Day: February 12, 2024

Farmer Brothers to Participate in 36th Annual ROTH Conference and Upcoming Industry Tradeshows

Farmer Brothers to Participate in 36th Annual ROTH Conference and Upcoming Industry Tradeshows

NORTHLAKE, Texas, Feb. 12, 2024 (GLOBE NEWSWIRE) — Farmer Brothers (NASDAQ: FARM) announced today the company will participate in an upcoming investor conference along with several industry tradeshows through May 2024. ROTH 36th Capital Conference March 17 – 19 Farmer Brothers President and Chief Executive Officer John Moore and Interim Chief Financial Officer Brad Bollner will host one-on-one meetings with investors during the 36th annual ROTH Capital Conference at the Ritz Carlton in Laguna Niguel, California. Conference attendees are encouraged to request a meeting through ROTH’s online conference platform or by contacting their ROTH representative. All presentations and supplemental materials will be available under the Investor Relations section of the company’s website prior to the event. The company will also participate...

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Astrotech Reports Second Quarter Of Fiscal Year 2024 Financial Results

Astrotech Reports Second Quarter Of Fiscal Year 2024 Financial Results

AUSTIN, Texas, Feb. 12, 2024 (GLOBE NEWSWIRE) — Astrotech Corporation (Nasdaq: ASTC) (the “Company” or “Astrotech”) reported its financial results for the second quarter of fiscal year 2024, which ended December 31, 2023. Financial Highlights & Recent Developments  Year-to-date revenue totaled $1,540 thousand compared to $301 thousand in the comparative period in the prior year. This represents an increase of 512%. The growth was predominantly due to the Company successfully delivering on two previously announced purchase orders for TRACER 1000™ explosive trace detectors (ETDs) to customers in Romania. Astrotech’s consolidated balance sheet remains strong with $37 million in cash and liquid investments, which are anticipated to support our research and development, organic growth, and potential acquisition targets. Year-to-date...

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Vornado Announces Fourth Quarter 2023 Financial Results

Vornado Announces Fourth Quarter 2023 Financial Results

NEW YORK, Feb. 12, 2024 (GLOBE NEWSWIRE) — Vornado Realty Trust (NYSE: VNO) reported today: Quarter Ended December 31, 2023 Financial Results NET LOSS attributable to common shareholders for the quarter ended December 31, 2023 was $61,013,000, or $0.32 per diluted share, compared to $493,280,000, or $2.57 per diluted share, for the prior year’s quarter. Adjusting for the items that impact period-to-period comparability listed in the table on the following page, net income attributable to common shareholders, as adjusted (non-GAAP) for the quarter ended December 31, 2023 was $8,040,000, or $0.04 per diluted share, and $19,954,000, or $0.10 per diluted share for the quarter ended December 31, 2022. Net loss attributable to common shareholders for the quarter ended December 31, 2023 included $72,664,000 of impairment losses...

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Cemtrex Reports First Quarter 2024 Financial Results

Cemtrex Reports First Quarter 2024 Financial Results

Q1’24 Revenue Increased 41% to $16.9M; Management to Host Conference Call Today at 5:00 p.m. ET Brooklyn, NY, Feb. 12, 2024 (GLOBE NEWSWIRE) —  – Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, has reported its unaudited financial and operational results for the first quarter ended December 31, 2023. Key First Quarter FY 2024 and Subsequent Highlights Revenue for Q1’24 increased 41% to $16.9 million, compared to revenue of $12.0 million for Q1’24. Security segment revenues increased 31% to $9.2 million in Q1’24 on increased demand for Vicon’s products and services. Industrial Services segment revenues for Q1’24 increased by 55% to $7.7 million, on increased demand and additional revenue from Heisey Mechanical acquisition. Operating loss for the first quarter improved...

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Safe Bulkers, Inc. Reports Fourth Quarter and Twelve Months 2023 Results and Declares Dividend on Common Stock

Safe Bulkers, Inc. Reports Fourth Quarter and Twelve Months 2023 Results and Declares Dividend on Common Stock

MONACO, Feb. 12, 2024 (GLOBE NEWSWIRE) — Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three and twelve month periods ended December 31, 2023. The Board of Directors of the Company also declared a cash dividend of $0.05 per share of outstanding common stock. Financial highlights In million U.S. Dollars except per share data Q42023 Q32023 Q22023 Q12023 Q42022 TwelveMonths2023 TwelveMonths2022 Net revenues 82.3 64.7 70.6 66.8 86.7 284.4 349.7 Net income 27.6 15.0 15.4 19.3 34.9 77.4 172.6 Adjusted Net income1 29.5 11.1 15.3 14.2 37.0 70.2 168.5 EBITDA2 48.8 34.8 34.4 38.2 53.8 156.2 240.4 Adjusted EBITDA 2 50.7 30.9 34.3 33.1 56.0 149.0 236.4 Earnings per share basic and diluted3 0.23 0.12 0.12 0.15 0.28 0.61 1.36 Adjusted...

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Global Ship Lease Declares Quarterly Dividend per Common Share for Fourth Quarter of 2023

Global Ship Lease Declares Quarterly Dividend per Common Share for Fourth Quarter of 2023

LONDON, Feb. 12, 2024 (GLOBE NEWSWIRE) — Global Ship Lease, Inc. (NYSE:GSL) (the “Company”) announced today that the Company’s Board of Directors has declared a dividend of $0.375 per Class A common share for the fourth quarter of 2023, to be paid on March 6, 2024 to shareholders of record as of February 22, 2024. About Global Ship Lease Global Ship Lease is a leading independent owner of containerships with a diversified fleet of mid-sized and smaller containerships. Incorporated in the Marshall Islands, Global Ship Lease commenced operations in December 2007 with a business of owning and chartering out containerships under fixed-rate charters to top tier container liner companies. It was listed on the New York stock Exchange in August 2008. As at September 30, 2023, Global Ship Lease owned 68 containerships ranging from 2,207...

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<div>The Santander Chile subsidiary Santander Consumer signs agreement to acquire Mundo Crédito's auto loan portfolio</div>

The Santander Chile subsidiary Santander Consumer signs agreement to acquire Mundo Crédito’s auto loan portfolio

SANTIAGO, Chile, Feb. 12, 2024 (GLOBE NEWSWIRE) — Banco Santander Chile’s (NYSE: BSAC) announced that its subsidiary Santander Consumer Finance will acquire Mundo Crédito in an operation for up to US$ 79 million. The operation is subject to the approval of the National Economic Prosecutor’s Office, the due diligence process and other usual conditions precedent. With the aim of expanding its offer and participation in this segment, Santander Consumer subscribed to the purchase – subject to conditions – of the automotive loan portfolio of Servicios Financieros Mundo Crédito SpA, a company that provides financing for the acquisition of new or used motor vehicles with pledge guarantee. The operation would reach between $50,000 million and $70,000 million, being subject to the approval of the National Economic...

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Andrew Peller Limited Announces Fourth Quarter Fiscal 2024 Dividend

Andrew Peller Limited Announces Fourth Quarter Fiscal 2024 Dividend

GRIMSBY, Ontario, Feb. 12, 2024 (GLOBE NEWSWIRE) — The Board of Directors of Andrew Peller Limited (ADW.A / ADW.B) (the “Company”) announced today that it has approved a quarterly common share dividend of $0.0615 per Class A Share and $0.0535 per Class B Share to be paid on April 12, 2024 to shareholders of record on March 29, 2024. The Company has consistently paid common share dividends since 1979 and has increased dividends eight times over the last ten years, most recently in fiscal 2022. The Company currently designates all dividends paid as “eligible dividends” for purposes of the Income Tax Act (Canada) unless indicated otherwise. About Andrew Peller LimitedAndrew Peller Limited is one of Canada’s leading producers and marketers of quality wines and craft spirits. The Company’s award‐winning premium and ultra‐premium Vintners’...

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Smith+Nephew to showcase leading, innovative AI-driven robotic-assisted solutions for personalized orthopaedic surgery at AAOS 2024 Annual Meeting   

Smith+Nephew to showcase leading, innovative AI-driven robotic-assisted solutions for personalized orthopaedic surgery at AAOS 2024 Annual Meeting  

Smith+Nephew (LSE: SN, NYSE:SNN), the global medical technology company, announces it will provide a glimpse into the future at AAOS 2024. With a first opportunity to see a forthcoming new feature* for its CORI◊ Surgical System, this exclusive image-agnostic* robotic-assisted surgical solution is designed to further help personalize surgery, advance efficiencies, and optimize performance across Smith+Nephew’s orthopaedic reconstruction portfolio. The power of one robotic-assisted platformSmith+Nephew’s CORI Surgical System – a next-generation handheld robotic platform – supports the entire continuum of care in knee arthroplasty (unicompartmental, total, revision) and a comprehensive solution for navigated total hip arthroplasty (THA). Robotic-assisted surgery has been shown to help improve surgical outcomes and cost effectiveness...

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Kadant Named to Newsweek’s List of America’s Most Responsible Companies 2024

Kadant Named to Newsweek’s List of America’s Most Responsible Companies 2024

WESTFORD, Mass., Feb. 12, 2024 (GLOBE NEWSWIRE) — Kadant Inc. (NYSE: KAI) announced today that it was named one of “America’s Most Responsible Companies 2024” by Newsweek magazine. This was the fourth consecutive year Kadant has been included on the awards list which assesses companies on Environmental, Social, and Corporate Governance (ESG) factors. “It is an honor to once again be named one of America’s Most Responsible Companies,” said Jeffrey L. Powell, president and chief executive officer of Kadant. “We are deeply committed to advancing sustainable industrial processing and it is rewarding to be recognized for our efforts.” America’s Most Responsible Companies were selected based on publicly available key performance indicators derived from CSR Reports, Sustainability Reports, and Corporate Citizenship Reports...

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