Day: February 14, 2024

Veeco Reports Fourth Quarter and Fiscal Year 2023 Financial Results

Written by Customer Service on February 14, 2024. Posted in Earnings Releases And Operating Results.

Fourth Quarter 2023 Highlights:Revenue of $173.9 million, compared with $153.8 million in the same period last year GAAP net income of $21.6 million, or $0.37 per diluted share, compared with $128.9 million, or $2.00 per diluted share in the same period last year Non-GAAP net income of $29.8 million, or $0.51 per diluted share, compared with $21.9 million, or $0.38 per diluted share in the same period last yearFiscal Year 2023 Highlights:Revenue of $666.4 million, compared with $646.1 million in the same period last year GAAP net loss of $30.4 million, or $0.56 loss per diluted share, included a $97.1 million loss related to debt refinancing, compared with net income of $166.9 million, or $2.71 earnings per diluted share in the same period last year Non-GAAP net income of $98.3 million, or $1.69 per diluted share, compared with $89.6...

iPower Reports Fiscal Second Quarter 2024 Results

Written by Customer Service on February 14, 2024. Posted in Earnings Releases And Operating Results.

– iPower Management to Host Conference Call Today at 4:30 p.m. Eastern Time – DUARTE, Calif., Feb. 14, 2024 (GLOBE NEWSWIRE) — iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”), a tech and data-driven online retailer and supplier of consumer home and garden products, as well as a provider of value-added ecommerce services, today announced its financial results for the fiscal second quarter ended December 31, 2023. Fiscal Q2 2024 Results vs. Fiscal Q2 2023 (unless otherwise noted)Total revenue was $16.8 million compared to $19.3 million. Gross profit was $7.3 million compared to $8.0 million, with gross margin up 220 bps to 43.6% compared to 41.4%. Net loss attributable to iPower improved 42% to $1.9 million or $(0.06) per share, compared to net loss attributable to iPower of $3.3 million or $(0.11) per share. As...

Upwork Reports Fourth Quarter and Full Year 2023 Financial Results

Written by Customer Service on February 14, 2024. Posted in Earnings Releases And Operating Results.

Fourth-quarter GAAP Net Income of $17.4 millionFourth-quarter GAAP Diluted EPS of $0.13Fourth-quarter Adjusted EBITDA of $30.5 millionAcquired AI company Headroom and welcomed founder Andrew Rabinovich as Upwork’s head ofAI and machine learning SAN FRANCISCO, Calif., Feb. 14, 2024 (GLOBE NEWSWIRE) — Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, today announced its financial results for the fourth quarter and full year of 2023. “Last year proved Upwork’s continued growth momentum and strong profitability. Our business is flexible and resilient, as the skilled talent on Upwork are a critical resource to businesses small and large,” said Hayden Brown, president and CEO, Upwork. “Fueled by our continued investments in human-centered AI and innovation,...

Monarch Casino & Resort Reports 2023 Fourth Quarter Financial Results

Written by Customer Service on February 14, 2024. Posted in Earnings Releases And Operating Results.

Declares Cash Dividend of $0.30 per Share Payable on March 15, 2024 RENO, Nev., Feb. 14, 2024 (GLOBE NEWSWIRE) — Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch” or “the Company”) today reported operating results for the fourth quarter ended December 31, 2023, as summarized below: ($ in thousands, except per share data and percentages) Three Months Ended December 31, Twelve Months Ended December 31, 2023 2022 Change 2023 2022 ChangeNet revenue $128,186 $120,536 6.3% $501,478 $477,870 4.9% Net income (1) $18,202 $22,433 (18.9%) $82,448 $87,479 (5.8%) Adjusted EBITDA (3) $43,003 $41,588 3.4% $170,832 $167,085 2.2% Basic earnings per share $0.94 $1.17 (19.7%) $4.28 $4.60 (7.0%)Diluted...

NMI Holdings, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results

Written by Customer Service on February 14, 2024. Posted in Earnings Releases And Operating Results.

EMERYVILLE, Calif., Feb. 14, 2024 (GLOBE NEWSWIRE) — NMI Holdings, Inc. (Nasdaq: NMIH) today reported net income of $83.4 million, or $1.01 per diluted share, for the fourth quarter ended December 31, 2023, which compares to $84.0 million, or $1.00 per diluted share, in the third quarter ended September 30, 2023 and $72.9 million, or $0.86 per diluted share, in the fourth quarter ended December 31, 2022. Adjusted net income for the quarter was $83.4 million, or $1.01 per diluted share, which compares to $84.0 million, or $1.00 per diluted share, in the third quarter ended September 30, 2023 and $72.9 million, or $0.86 per diluted share, in the fourth quarter ended December 31, 2022. Net income for the full year ended December 31, 2023 was $322.1 million or $3.84 per diluted share, which compares to $292.9 million, or $3.39 per...

Tevogen Bio Holdings Inc., a Cell Therapy Company, Announces Completion of Business Combination and is to be Listed on Nasdaq Under Ticker TVGN

Written by Customer Service on February 14, 2024. Posted in Public Companies.

Listing on Nasdaq is expected to provide Tevogen Bio Holdings Inc. increased access to capital to accelerate development of its genetically unmodified off-the-shelf T cell therapy products for large patient populations.WARREN, N.J., Feb. 14, 2024 (GLOBE NEWSWIRE) — Tevogen Bio Holdings Inc. (“Tevogen Bio”), a clinical-stage specialty immunotherapy biotech pioneer developing off-the-shelf, genetically unmodified T cell therapeutics in virology, oncology, and neurology, has announced the completion of Tevogen Bio Inc’s previously announced business combination with Semper Paratus Acquisition Corporation, leading to the formation of Tevogen Bio Holdings Inc. The combined company’s common stock and warrants will begin trading on Nasdaq Global Market (“Nasdaq”) under the ticker symbols TVGN and TVGNW, respectively, beginning Thursday,...

Jeffersonville Bancorp Announces Fourth Quarter and Record Full Year Earnings of $11,175,000 or $2.64 per share; Declares Dividend of $0.15

Written by Customer Service on February 14, 2024. Posted in Dividend Reports And Estimates.

JEFFERSONVILLE, N.Y., Feb. 14, 2024 (GLOBE NEWSWIRE) — Jeffersonville Bancorp, Inc. (OTCQB – JFBC) announced today net income for the year ended December 31, 2023 was $11,175,000 or $2.64 per share compared to $9,304,000 or $2.20 per share for the same period in 2022. This represents an increase of 20% or $1,871,000. The increase in full year net income was primarily attributable to an increase in securities and other interest and dividends of $3,071,000 and increase in loan interest and fees of $2,624,000, partially offset by an increase in interest expense of $2,256,000, an increase in realized losses on securities of $781,000, an increase in tax expense of $739,000, an increase in total non-interest expenses of $591,000, an increase in unrealized losses on securities of $344,000, and a decrease in the provision for credit...

Brandywine Realty Trust Announces Common Quarterly Dividend, and Confirms First Quarter 2024 Earnings Release and Conference Call

Written by Customer Service on February 14, 2024. Posted in Dividend Reports And Estimates.

PHILADELPHIA, Feb. 14, 2024 (GLOBE NEWSWIRE) — Brandywine Realty Trust (NYSE:BDN) announced today that its Board of Trustees has declared a quarterly cash dividend of $0.15 per common share and OP Unit payable on April 18, 2024 to holders of record on April 4, 2024. The quarterly dividend is equivalent to an annual rate of $0.60 per share. Conference Call and Audio Webcast We will release our first quarter earnings after the market close on Wednesday, April 17, 2024 and will hold our first quarter conference call on Thursday, April 18, 2024 at 9:00 a.m. Eastern Time. To access the conference call by phone, please visit this link here, and you will be provided with dial in details. A live webcast of the conference call will also be available on the Investor Relations page of our website at www.brandywinerealty.com. About Brandywine...

EMGS reports fourth quarter 2023 results

Written by Customer Service on February 14, 2024. Posted in Public Companies.

Electromagnetic Geoservices ASA’s (“EMGS” or the “Company”) financial report and market presentation for the fourth quarter of 2023 are attached. Highlights: * The Company recorded revenues of USD 1.1 million, down from USD 15.2 million in the fourth quarter of 2022 and down from USD 1.6 million in the third quarter of 2023. * Adjusted EBITDA (including capitalised multi-client expenses and vessel and office lease expenses) of negative USD 1.7 million, down from USD 8.2 million in the fourth quarter of 2022. * Free cash decreased with USD 1.3 million during the quarter, to USD 10.3 million. * The Atlantic Guardian is currently in warm-stack in Norway. A pre-recorded presentation will be available over the internet from 20:00 (local time Norway) today. To access the presentation, please go to the Company’s homepage (www.emgs.com) and...

Aptean Expands Apparel Industry Leadership Through Acquisition of Momentis

Written by Customer Service on February 14, 2024. Posted in Mergers And Acquisitions.

ERP solution tailored for the fashion, apparel, footwear and accessories markets ALPHARETTA, Ga., Feb. 14, 2024 (GLOBE NEWSWIRE) — Today, Aptean, a global provider of mission-critical enterprise software solutions, announced the acquisition of Momentis, a provider of purpose-built software solutions designed for the fashion, apparel, footwear, textile and accessories industries. With the acquisition of Momentis, Aptean adds new capabilities to its fashion and apparel offerings for wholesalers, importers, manufacturers and self-sourcing retailers. Founded in 1994 and headquartered in Montreal, Quebec, Momentis provides mission-critical software designed to manage enterprise-wide business processes, streamline efficiency, increase profitability and provide real-time operational insights. Momentis delivers an integrated suite of cloud-based...

Day: February 14, 2024

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