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Day: February 15, 2024

Arbutus to Report Fourth Quarter and Year End 2023 Financial Results and Provide Corporate Update

WARMINSTER, Pa., Feb. 15, 2024 (GLOBE NEWSWIRE) — Arbutus Biopharma Corporation (Nasdaq: ABUS), a clinical-stage biopharmaceutical company leveraging its extensive virology expertise to develop a functional cure for people with chronic hepatitis B virus (cHBV) infection, today announced that it has scheduled its fourth quarter and year end 2023 financial results and corporate update for Thursday, February 29, 2024. The schedule for the press release and conference call/webcast are as follows:• Q4 and Year End 2023 Press Release: Thursday, February 29, 2024 at 7:30 a.m. ET• Q4 and Year End 2023 Conference Call/Webcast: Thursday, February 29, 2024 at 8:45 a.m. ETTo dial-in for the conference call by phone, please register using the following link: Registration Link. A live webcast of the conference call can be accessed through...

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Evome Medical Technologies Bolsters Board of Directors with Appointment of Strategic Senior Healthcare Executives Wayne Anderson and Bill Garbarini, Appoints Kenneth Kashkin, MD, as Chairman

NEW YORK, Feb. 15, 2024 (GLOBE NEWSWIRE) — Evome Medical Technologies Inc. (the “Company” or “Evome”) announces the appointment of two senior healthcare executives to its Board of Directors.‎ Mr. Wayne Anderson, former President and CEO of Ferring Pharmaceuticals USA, has joined as a non-executive ‎member of the Board of Directors.‎ Mr. Bill Garbarini, a former Ferring Pharmaceuticals USA executive and current COO of Conceivable Life Sciences, a venture backed in-vitro fertilization company, will also join as a non-executive member of the Board of Directors. In addition, Kenneth Kashkin, MD, has been appointed Chairman of the Board of Directors. Dr. Kashkin is Board Certified in Internal Medicine, Neurology & Psychiatry with training at, and serving on, the faculties of the University of California, Los Angeles (UCLA) and...

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Bread Financial Provides Performance Update for January 2024

COLUMBUS, Ohio, Feb. 15, 2024 (GLOBE NEWSWIRE) — Bread Financial Holdings, Inc. (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, provided a performance update. The following tables present the Company’s net loss rate and delinquency rate for the periods indicated.         For themonth endedJanuary 31, 2024   For themonth endedJanuary 31, 2023  (dollars in millions)End-of-period credit card and other loans $ 18,785     $ 20,837  Average credit card and other loans (1) $ 18,915     $ 20,700  Year-over-year change in average credit card and other loans   (9 %)     23 %Net principal losses (1)(2) $ 128     $ 115  Net loss rate (1)(2)   8.0 %     6.7 %  As ofJanuary 31, 2024   As ofJanuary 31, 2023  (dollars in millions)30...

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Kelly Reports Fourth-Quarter 2023 Earnings

Q4 operating earnings of $7.3 million, or up 59% to $22.1 million on an adjusted basis Q4 revenue was flat; down 1.3% in constant currency Q4 adjusted EBITDA margin increased 60 basis points to 2.6% driven by meaningful reduction in operating expenses resulting from business transformation initiatives Company expects Q1 2024 sale of European staffing operations, sustained structural expense reductions and near-term outcome from growth initiatives to drive further expansion of EBITDA marginTROY, Mich., Feb. 15, 2024 (GLOBE NEWSWIRE) — Kelly (Nasdaq: KELYA, KELYB), a leading specialty talent solutions provider, today announced results for the fourth quarter of 2023. Peter Quigley, president and chief executive officer, announced revenue for the fourth quarter of 2023 totaled $1.2 billion, a 0.1% decrease, or a 1.3% decrease in...

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Lincoln Electric Reports Fourth Quarter and Full Year 2023 Results

Fourth Quarter 2023 HighlightsNet sales increase 13.7% to record $1.1 billion  Record operating income margin of 19.3% and adjusted operating income margin of 17.2%   Record EPS of $2.70 and adjusted EPS of $2.45 Full Year 2023 HighlightsNet sales increase 11.4% to record $4.2 billion  Record operating income margin and adjusted operating income margin of 17.1%   Record EPS of $9.37 and adjusted EPS of $9.41  Cash flows from operations increase 74% to record $668 million with 105% cash conversion(1)  Returned $347 million to shareholders through dividends and share repurchasesCLEVELAND, Feb. 15, 2024 (GLOBE NEWSWIRE) — Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today reported fourth quarter...

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Royalty Pharma Reports Q4 and Full Year 2023 Results

Portfolio Receipts of $736 million in Q4 2023 and $3,049 million for FY 2023 Net cash provided by operating activities of $773 million in Q4 2023 and $2,988 million for FY 2023 Announced transactions of up to $4.0 billion in 2023 Full year 2024 guidance: Portfolio Receipts of $2,600 to $2,700 million (reflecting royalty receipts growth of 5% to 9% year/year) excluding future transactionsNEW YORK, Feb. 15, 2024 (GLOBE NEWSWIRE) — Royalty Pharma plc (Nasdaq: RPRX) today reported financial results for the fourth quarter and full year of 2023 and introduced full year 2024 guidance for Portfolio Receipts. “Royalty Pharma delivered outstanding results in 2023,” said Pablo Legorreta, Royalty Pharma’s founder and Chief Executive Officer. “We reported another year of strong growth in royalty receipts and deployed substantial capital...

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Appian Announces Fourth Quarter and Full Year 2023 Financial Results

Fourth quarter cloud subscription revenue increased 26% year-over-year to $83.1 millionFull year cloud subscription revenue increased 29% year-over year to $304.5 million MCLEAN, Va., Feb. 15, 2024 (GLOBE NEWSWIRE) — Appian (Nasdaq: APPN) today announced financial results for the fourth quarter and full year ended December 31, 2023. “Appian delivered our plan in 2023 and reached two milestones. Full year revenue exceeded half a billion dollars, and we achieved the highest quarterly gross margin in our public history,” said Matt Calkins, CEO & Founder. Fourth Quarter 2023 Financial Highlights:Revenue: Cloud subscription revenue was $83.1 million, up 26% compared to the fourth quarter of 2022. Total subscriptions revenue, which includes sales of our cloud subscriptions, on-premises term license subscriptions, and maintenance...

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Renalytix Reports Financial Results for Second Quarter of Fiscal Year 2024

LONDON and SALT LAKE CITY, Feb. 15, 2024 (GLOBE NEWSWIRE) — Renalytix plc (NASDAQ: RNLX) (LSE: RENX) (the “Company”), an artificial intelligence-enabled in vitro diagnostics company, focused on optimizing clinical management of kidney disease, today reported financial results for the fiscal second quarter ended December 31, 2023. The Company plans to issue another announcement following today’s report of financial results regarding the date and time of its conference call and webcast to discuss second quarter financial results and other key events. The Company made significant progress during the quarter in revenue generation, reimbursement coverage, the publication of real-world evidence and operating cost management, setting the stage for potential future growth. Highlights include:During the three months ended December 31,...

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Sotera Health Announces Fourth-Quarter and Full-Year 2023 Earnings Release Date

CLEVELAND, Feb. 15, 2024 (GLOBE NEWSWIRE) — Sotera Health Company (Nasdaq: SHC), a leading global provider of mission-critical end-to-end sterilization solutions and lab testing and advisory services for the healthcare industry, today announced its plans to release its financial results for the fourth-quarter and full-year ended December 31, 2023 before the market opens on Tuesday, February 27, 2024. Following the release, management will hold a conference call at 9:00 a.m. Eastern Time to discuss the Company’s operating highlights and financial results. To participate in the live call, please dial 1-844-481-2916 if dialing-in from the United States, or 1-412-317-0709 if dialing-in from other locations. A live webcast of the conference call can be accessed at this link or via the Investor Relations section of the Company’s website...

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Climb Channel Solutions Launches Worldwide Partnership with Panzura

EATONTOWN, N.J., Feb. 15, 2024 (GLOBE NEWSWIRE) — Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB) is excited to announce their partnership with Panzura, an award-winning, hybrid, multi-cloud, end-to-end data management platform, with the signing of a worldwide contract. Through this partnership, Panzura will utilize Climb Channel Solutions’ network of partners to build relationships and accelerate the company’s growth as a channel-first organization. Climb will be working with and onboarding 99% of Panzura’s current DVARs to grow their business. Current resellers of Panzura will be able to take advantage of Climb’s fast, agile, and flexible business model, as well as a full stack of solutions with over 100 vetted vendors. Climb’s...

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