Day: February 20, 2024

Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., Reports Fourth Quarter and Full Year 2023 Financial and Operating Results

Written by Customer Service on February 20, 2024. Posted in Earnings Releases And Operating Results.

MIDLAND, Texas, Feb. 20, 2024 (GLOBE NEWSWIRE) — Viper Energy, Inc., (NASDAQ:VNOM) (“Viper” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), today announced financial and operating results for the fourth quarter and full year ended December 31, 2023. FOURTH QUARTER HIGHLIGHTSQ4 2023 average production of 24,533 bo/d (43,783 boe/d) Received $2.4 million in lease bonus income Q4 2023 consolidated net income (including non-controlling interest) of $125.9 million; net income attributable to Viper Energy, Inc. of $57.0 million, or $0.70 per common share Q4 2023 cash available for distribution to Viper’s common shares (as defined and reconciled below) of $63.8 million, or $0.74 per Class A common share Declared Q4 2023 base cash dividend of $0.27 per Class A common share; implies a 3.1% annualized...

Enovix Announces Fourth Quarter and Full Year 2023 Financial Results

Written by Customer Service on February 20, 2024. Posted in Earnings Releases And Operating Results.

FREMONT, Calif., Feb. 20, 2024 (GLOBE NEWSWIRE) — Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, announced today financial results for fourth quarter and full year 2023, which included the summary below from its President and CEO, Dr. Raj Talluri. Fellow Shareholders, In the fourth quarter of 2023 we completed our acquisition of Routejade and positioned the company to scale with high-volume manufacturing in Malaysia. Our highlights for the quarter include:Record top-line performance: Revenue of $7.4 million in the fourth quarter of 2023, up from $1.1 million in the fourth quarter of 2022 and $0.2 million in the third quarter of 2023. Revenue strength was driven by strong performance from Routejade, along with continued volume shipments of BrakeFlowTM-enabled batteries for the U.S. Army. Scale-up...

Medallion Financial Corp. Reports 2023 Fourth Quarter and Full-Year Results

Written by Customer Service on February 20, 2024. Posted in Earnings Releases And Operating Results.

NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) — Medallion Financial Corp. (NASDAQ: MFIN, “Medallion” or the “Company”), a specialty finance company that originates and services loans in various consumer and commercial industries, along with offering loan origination services to fintech strategic partners, announced today its results for the quarter and full-year ended December 31, 2023. 2023 Fourth Quarter HighlightsNet income was $14.3 million, or $0.60 per share, compared to $13.1 million, or $0.57 per share, in the prior year quarter. Net interest income grew 12% to $49.0 million from $43.6 million in the prior year quarter. Net interest margin on net loans was 8.50%, compared to 8.86% in the prior year quarter, and on gross loans it was 8.20%, compared to 8.59% in the prior year quarter. Loan originations were $169.1 million,...

Fossil Group, Inc. Confirms Receipt of Director Nominations From Buxton Helmsley Group, Inc.

Written by Customer Service on February 20, 2024. Posted in Public Companies.

RICHARDSON, Texas, Feb. 20, 2024 (GLOBE NEWSWIRE) — Fossil Group, Inc. (“Fossil” or “the Company”, NASDAQ: FOSL) today issued the following statement in response to notice that The Buxton Helmsley Group, Inc. (“BHG”) has nominated four candidates to the Fossil Board of Directors (the “Board”) at the Company’s 2024 Annual Meeting of Stockholders (the “Annual Meeting”). Fossil’s Board and management team are committed to serving the best interests of the Company and its stockholders. We regularly engage with stockholders and welcome constructive feedback on our shared goal of driving sustained stockholder value. Since September 15, 2023, the date of BHG’s first letter to the Company, Fossil has repeatedly offered to engage with BHG, but each offer was rejected by BHG. All correspondence between Fossil and BHG to date is included...

L.B. Foster Company to Report Fourth Quarter and Full Year 2023 Operating Results on March 5, 2024

Written by Customer Service on February 20, 2024. Posted in Public Companies.

PITTSBURGH, Feb. 20, 2024 (GLOBE NEWSWIRE) — L.B. Foster Company (NASDAQ: FSTR, the “Company”), today announced that it will release its fourth quarter and full year 2023 operating results, pre-market opening on Tuesday, March 5, 2024. L.B. Foster will host a conference call to discuss its operating results, market outlook, and developments in the business later that morning at 11:00 A.M. Eastern Time. A presentation will be available on the Company’s website under the Investor Relations page immediately after the Company’s earnings release. The conference call will be webcasted live through L.B. Foster’s Investor Relations page of the Company’s website (www.lbfoster.com). The webcast is listen-only. A webcast replay will be available through March 12, 2024 on L.B. Foster’s Investor Relations page. Those interested in participating...

Energem Corp Announces Postponement of Extraordinary General Meeting of Shareholders

Written by Customer Service on February 20, 2024. Posted in Public Companies.

Shareholder Meeting of Energem Corp to Approve Business Combination Scheduled for February 28, 2024 Shareholders of Record as of January 18, 2024, are Eligible to Vote at Meeting Kuala Lumpur, Feb. 20, 2024 (GLOBE NEWSWIRE) — Energem Corp (“Energem”) (Nasdaq: ENCP, ENCPW), a publicly-traded special purpose acquisition company, today announced that its extraordinary general meeting of shareholders (“Meeting”) will be postponed from its scheduled time of 8:30 a.m. Eastern Time on February 23, 2024 to 8:30 a.m. Eastern Time on February 28, 2024. The Meeting can still be accessed virtually by visiting the following website: https://www.cstproxy.com/energemcorp/bc2024 with Conference ID: 3721562#. You will need the 12-digit meeting control number that is printed on your proxy card to enter the Meeting. The record date for the Meeting...

Daktronics, Inc. to Release Third Quarter Fiscal 2024 Financial Results

Written by Customer Service on February 20, 2024. Posted in Public Companies.

BROOKINGS, S.D., Feb. 20, 2024 (GLOBE NEWSWIRE) — Daktronics, Inc. (Nasdaq – DAKT) announced today it will release its third quarter fiscal 2024 financial results on Wednesday, February 28, 2024 before the market opens. The Company will host a conference call and webcast for all interested parties at 10:00 AM CT that day. Reece A. Kurtenbach, Chief Executive Officer, and Sheila M. Anderson, Chief Financial Officer, will host the conference call, which will contain forward-looking statements and other material information. To listen to the earnings call by phone, participants must pre-register at Daktronics Earnings Call Registration. All registrants will receive dial-in information and a PIN allowing access to the live call. Related slide presentation materials will also be posted to Daktronics’ IR website prior to the conference...

Press release: European Commission green lights Orange and MASMOVIL Joint Venture, paving the way for a single, stronger operator in Spain

Written by Customer Service on February 20, 2024. Posted in Mergers And Acquisitions.

Press ReleaseParis and Madrid, 20 February 2024 European Commission green lights Orange and MASMOVIL Joint Venture, paving the way for a single, stronger operator in SpainThis favourable decision takes into account the specificities of the highly competitive Spanish market, with balanced remedies in favour of an already existing player. Orange and MASMOVIL plan to complete the transaction by end Q1 2024. This deal paves the way for the creation of a joint company that combines the forces of Orange and MASMOVIL into a single, stronger operator focussed on customer satisfaction and positive impact, with the scale to invest in 5G and fiber, benefiting the market, consumers and businesses across Spain.Orange and MASMOVIL have today received clearance from the European Commission to combine their operations in Spain1. As previously...

First Bancshares, Inc. Announces Annual Cash Dividend of $0.35 Per Share

Written by Customer Service on February 20, 2024. Posted in Dividend Reports And Estimates.

MOUNTAIN GROVE, Mo., Feb. 20, 2024 (GLOBE NEWSWIRE) — First Bancshares, Inc. (OTCQX: FBSI), the holding company for Stockmens Bank (“Bank”), Colorado Springs, Colorado, announced today that its Board of Directors declared an annual cash dividend of $0.35 per share on the Company’s outstanding common stock. The cash dividend will be payable on April 15, 2024 to shareholders of record as of the close of business on April 1, 2024. About the Company First Bancshares, Inc. is the holding company for Stockmens Bank, a FDIC-insured commercial bank chartered by the State of Colorado that conducts business from its home office in Colorado Springs, Colorado, and eight full-service offices in the Missouri cities of Mountain Grove, Marshfield, Ava, Kissee Mills, Gainesville, Hartville, Crane and Springfield, as well as full-service offices...

Eco Bright Future Meets with Sri Lankan Government Officials to Discuss the Implementation of Blockchain Technology and Tokenization of Real-world Assets

Written by Customer Service on February 20, 2024. Posted in Public Companies.

Eco Bright Future Meets with Sri Lankan Government OfficialsFrom Left: Xiong Hongfeng, Managing Director of the Port City of Colombo, Alexander Borodich, Founder and CEO of Universa Blockchain and Niranga Indrajith Hettiarachchi, Local Representative of United Heritage Group and Universa Blockchain.SAN SALVADOR, El Salvador, Feb. 20, 2024 (GLOBE NEWSWIRE) — Eco Bright Future, Inc. (OTC: EBFI) announces that its subsidiary United Heritage Group, represented by Alexander Borodich, Founder of Universa Blockchain, has completed several meetings with Sri Lankan Government officials to evaluate the current needs in blockchain technology and tokenization of real-world assets during a visit to Colombo this week. The meeting discussed the tokenization process of real-world assets backed by physical assets in Sri Lanka. Sri Lankan...

Day: February 20, 2024

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