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Day: February 14, 2024

Occidental Announces Fourth Quarter 2023 Results

HOUSTON, Feb. 14, 2024 (GLOBE NEWSWIRE) — Occidental (NYSE: OXY) today announced its fourth quarter 2023 financial results. The earnings release and accompanying financial schedules can be accessed via the Investor Relations section of the company’s website, oxy.com. The earnings release is also available on the U.S. Securities and Exchange Commission’s website at sec.gov. The company will hold a conference call to discuss the results on Thursday, February 15, 2024, at 1 p.m. Eastern/12 p.m. Central. The conference call may be accessed by calling 1-866-871-6512 (international callers dial 1-412-317-5417) or via webcast at oxy.com/investors. Participants may pre-register for the conference call at https://dpregister.com/sreg/10184763/fb26da1968. A recording of the webcast will be posted on the Investor Relations section of the company’s...

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Retail Opportunity Investments Corp. Reports 2023 Results

SAN DIEGO, Feb. 14, 2024 (GLOBE NEWSWIRE) — Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the year and three months ended December 31, 2023. YEAR 2023 HIGHLIGHTS$34.5 million of net income attributable to common stockholders ($0.27 per diluted share) $140.9 million in Funds From Operations(1) ($1.06 per diluted share) 3.7% increase in same-center cash net operating income (2023 vs. 2022) 97.7% portfolio lease rate at year-end 1.7 million square feet leased (all-time record activity) 22.2% increase in same-space cash rents on new leases (6.7% increase on renewals) $350.0 million unsecured senior notes issued $250.0 million December 2023 unsecured senior notes retired $100.0 million of floating-rate debt repaid $150.0 million of floating-rate debt fixed via interest rate...

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Palomar Holdings, Inc. Reports Fourth Quarter & Full Year 2023 Results

LA JOLLA, Calif., Feb. 14, 2024 (GLOBE NEWSWIRE) — Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $25.9 million, or $1.02 per diluted share, for the fourth quarter of 2023 compared to net income of $18.8 million, or $0.73 per diluted share, for the fourth quarter of 2022. Adjusted net income(1) was $28.0 million, or $1.11 per diluted share, for the fourth quarter of 2023 as compared to $21.1 million, or $0.82 per diluted share, for the fourth quarter of 2022.  Fourth Quarter 2023 HighlightsGross written premiums increased by 26.8% to $303.2 million compared to $239.1 million in the fourth quarter of 2022 Net income of $25.9 million compared to $18.8 million in the fourth quarter of 2022 Adjusted net income(1) of $28.0 million compared to $21.1 million in the fourth quarter of 2022 Total loss...

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Forward Reports Fiscal 2024 First Quarter Results

HAUPPAUGE, N.Y., Feb. 14, 2024 (GLOBE NEWSWIRE) — Forward Industries, Inc. (NASDAQ:FORD), a global design, sourcing and distribution group, today announced financial results for its first quarter ended December 31, 2023. First Quarter Fiscal Year 2024 Financial Highlights   Revenues were $7.2 million, a decrease of 26.7% from $9.8 million for 2023.Gross margin increased to 23.0% compared to 20.2% for 2023.Loss from continuing operations was $0.4 million compared to $0.1 million in 2023 and net loss was $0.4 million compared to $0.4 million in 2023.Basic and diluted loss per share from continuing operations was $0.04 compared to $0.01 for 2023.Cash balance of $3.0 million at December 31, 2023 compared to $3.2 million at September 30, 2023, a decrease of 5%.Terry Wise, Chief Executive Officer of Forward Industries, stated...

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Westwood Holdings Group Reports Fourth Quarter and Full Year 2023 Results

Westwood Salient Select Income posted top decile performance last quarterMany of our Multi-Asset Strategies posted top quartile performance last quarterInstitutional wins for SmidCap Value expected to fund in the first half of this yearManaged Investment Solutions joined the Westwood Family DALLAS, Feb. 14, 2024 (GLOBE NEWSWIRE) — Westwood Holdings Group, Inc. (NYSE: WHG) today reported fourth quarter earnings. Significant items include:SmallCap Value, Select Equity, High Alpha, Dividend Select, Enhanced Balanced, Total Return, Alternative Income and Select Income strategies all beat their primary benchmarks. Strong investment performance came from Income Opportunity, Alternative Income, SmallCap Value, High Income and Total Return all posting top quartile rankings, and Westwood Salient Select Income posted a top decile ranking. Quarterly...

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Bridgeline Announces Financial Results for the First Quarter of Fiscal 2024

WOBURN, Mass., Feb. 14, 2024 (GLOBE NEWSWIRE) — Bridgeline Digital, Inc. (NASDAQ: BLIN), a provider of marketing software, today announced financial results for its fiscal first quarter ended December 31, 2023. “Our recent release of Smart Search and Rapid UI for HawkSearch drove the highest new license bookings for any quarter since I came to Bridgeline,” said Ari Kahn, Bridgeline’s President and Chief Executive Officer. “Smart Search increases our customer’s revenue by allowing their site visitors to find products using photos from their smart phone and natural language to engage with the site as they would with a sales advisor. Rapid UI increases our total addressable market to include mid-sized companies who need the same search capabilities of enterprise customers without investing months and thousands of dollars in customizing...

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Udemy Reports Fourth Quarter and Full Year 2023 Results

Udemy Business full-year 2023 revenue grew 34% year-over-year, driven by the global transformation to a skills-based economy and demand for generative AI professional skills Platform adds 10 million learners and more than 1,800 net new Enterprise customers in 2023 Board of Directors approved share repurchase program of up to $100 million SAN FRANCISCO, Feb. 14, 2024 (GLOBE NEWSWIRE) — Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today reported results for the three- and twelve-month periods ended December 31, 2023. Udemy also announced today in a separate news release that its Board of Directors approved its first share repurchase program. Fourth Quarter and Full Year 2023 Financial Results and Key Operating Data Summary(in millions, except customers, percentages and basis points)    Three...

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Adaptive Biotechnologies Reports Fourth Quarter and Full Year 2023 Financial Results

SEATTLE, Feb. 14, 2024 (GLOBE NEWSWIRE) — Adaptive Biotechnologies Corporation (“Adaptive Biotechnologies”) (Nasdaq: ADPT), a commercial stage biotechnology company that aims to translate the genetics of the adaptive immune system into clinical products to diagnose and treat disease, today reported financial results for the fourth quarter and full year ended December 31, 2023. “2023 was a year of execution for MRD and strategic evolution for IM. The MRD business ended the year with 53% growth in clonoSEQ tests delivered and IM achieved key target and drug discovery milestones in cancer and autoimmune disorders,” said Chad Robins, chief executive officer and co-founder of Adaptive Biotechnologies. “2024 is off to a strong start. As momentum continues to build in both MRD and IM, we look forward to maximizing the value of each of...

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Amwell Announces Results for Fourth Quarter and Full Year 2023

Boston, Feb. 14, 2024 (GLOBE NEWSWIRE) — Amwell® (NYSE: AMWL) a leader in hybrid care enablement, today announced financial results for the fourth quarter and full year ended Dec. 31, 2023. Amwell is a small-cap growth company and a leading provider of healthcare software as a service.  Visit Amwell’s investor relations website at investors.amwell.com to view the fourth quarter and full year 2023 earnings report.   Amwell will host a conference call to discuss its financial results today at 5 p.m. ET, Wednesday, Feb.14. The call can be accessed via a live audio webcast at investors.amwell.com or by dialing 1-888-510-2008 for U.S. participants, or 1-646-960-0306 for international participants, referencing conference ID #7830032. A replay will be available via webcast shortly after the completion of the call, at the same web link.  About...

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Getty Realty Corp. Announces Fourth Quarter and Full Year 2023 Results

Delivers Record Investment Activity and Strong Financial Results NEW YORK, Feb. 14, 2024 (GLOBE NEWSWIRE) — Getty Realty Corp. (NYSE: GTY) (“Getty” or the “Company”) announced today its financial and operating results for the quarter and year ended December 31, 2023. Fourth Quarter 2023 HighlightsNet earnings: $0.30 per share Funds From Operations (“FFO”): $0.51 per share Adjusted Funds From Operations (“AFFO”): $0.57 per share Invested $61.8 million across 38 properties Completed two redevelopment and revenue-enhancing capex projectsFull Year 2023 HighlightsNet earnings: $1.15 per share FFO: $2.06 per share AFFO: $2.25 per share Invested a record $326.3 million across 81 properties Completed five redevelopment and revenue-enhancing capex projects“We are extremely proud of our financial results in 2023, which saw us grow...

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