Month: February 2024

SAN DIEGO, Feb. 13, 2024 (GLOBE NEWSWIRE) — Genasys Inc. (NASDAQ: GNSS), the leader in Protective Communications, today announced financial results for the Company’s fiscal first quarter ended December 31, 2023. Richard S. Danforth, Chief Executive Officer of Genasys, Inc., commented, “The vision of Genasys Protect is beginning to be realized. Yesterday’s announcement describing the integrated use of Genasys’ cloud-based software and hardware for 37 dams in Puerto Rico is only the most recent example of our differentiated approach to Protective Communications.”  Mr. Danforth continued, “Thus far in fiscal 2024, we have been selected for multi-year engagements with Los Angeles County, the State of Utah, and most recently, the island of Puerto Rico. Coming into this year, we had exceptionally low backlog and as we communicated in...

Operating income grew sequentially and versus prior year in Performance Chemicals and Fuel Specialties Oilfield Services continued to deliver strong results completing an excellent year QGP acquisition closed in the quarter; Excellent fit with Performance Chemicals $72.4 million cash generated from operations in the quarter; Net cash of $203.7 million GAAP EPS $1.51; Adjusted non-GAAP EPS $1.84 ENGLEWOOD, Colo., Feb. 13, 2024 (GLOBE NEWSWIRE) — Innospec Inc. (NASDAQ: IOSP) today announced its financial results for the fourth quarter and full year ended December 31, 2023.   Total revenues for the fourth quarter were $494.7 million, a decrease of 3 percent from $510.7 million in the corresponding period last year. Net income for the quarter was $37.8 million or $1.51 per diluted share compared to $25.5 million or $1.02 per diluted...

Annual revenues of $7.9 billion; net income of $347.1 million Annual earnings per diluted share of $4.15 4th quarter revenues of $2.0 billion; net income of $78.0 million Record high annual revenues driven by strong new truck demand and aftermarket growth Board declares cash dividend of $.17 per share of Class A and Class B common stockSAN ANTONIO, Texas, Feb. 13, 2024 (GLOBE NEWSWIRE) — Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America, today announced that for the year ended December 31, 2023, the Company achieved revenues of $7.9 billion and net income of $347.1 million, or $4.15 per diluted share, compared with revenues of $7.1 billion and net income of $391.4 million, or $4.57 per diluted share, for the year ended December 31, 2022....

HOUSTON, Feb. 13, 2024 (GLOBE NEWSWIRE) — MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves and fittings (PVF) and other infrastructure products and services to diversified gas utility, energy and industrial end-markets, today reported full year and fourth quarter 2023 results. Net income attributable to common stockholders for the fourth quarter of 2023 was $15 million, or $0.17 per diluted share, as compared to a net income of $15 million, or $0.18 per diluted share in the fourth quarter of 2022. Net income attributable to common stockholders for 2023 was $90 million, or $1.05 per diluted share as compared to net income attributable to common stockholders of $51 million, or $0.60 per diluted share in 2022. Adjusted net income attributable to common stockholders for the fourth quarter of 2023 was $20...

FRISCO, TX, Feb. 13, 2024 (GLOBE NEWSWIRE) — Comstock Resources, Inc. (“Comstock” or the “Company”) (NYSE: CRK) today reported financial and operating results for the quarter and year ended December 31, 2023. Highlights of 2023‘s Fourth QuarterContinued weak natural gas prices weighed heavily on the fourth quarter results. Natural gas and oil sales, including realized hedging gains, were $354 million. Adjusted EBITDAX for the quarter was $244 million. Operating cash flow was $207 million or $0.75 per share. Solid results from the Haynesville shale drilling program with 22 (16.5 net) operated wells turned to sales since the Company’s last update with an average initial production rate of 24 MMcf per day. Added 23,000 net acres in the Western Haynesville, increasing our acreage in the play to...

Company to Host Conference Call at 8:30 a.m. ET on February 14, 2024 WALTHAM, Mass., Feb. 13, 2024 (GLOBE NEWSWIRE) — Great Elm Group, Inc. (“we,” “our,” “GEG,” “Great Elm,” or “the Company”), (NASDAQ: GEG), an alternative asset manager, today announced financial results for its fiscal second quarter ended December 31, 2023. Fiscal Second Quarter 2024 and Other Recent HighlightsOn February 8, 2024, GECC raised $24 million of equity capital from a special purchase vehicle (“SPV”) that acquired GECC common stock at net asset value, supported by a GEG investment into the SPV of $6 million. Great Elm launched a credit fund, Great Elm Credit Income Fund, LLC (“GECIF”), during the quarter, focused on income generation and capital preservation through direct lending, syndicated credit and opportunistic credit investing. Fee-paying assets...

INDIANAPOLIS, Feb. 13, 2024 (GLOBE NEWSWIRE) — Kite Realty Group Trust (NYSE: KRG), a premier owner and operator of high-quality, open-air grocery-anchored neighborhood and community centers, along with vibrant mixed-use assets, reported today its operating results for the fourth quarter and year ended December 31, 2023. For the quarters ended December 31, 2023 and 2022, net income attributable to common shareholders was $8.0 million, or $0.04 per diluted share, compared to a net loss of $1.1 million, or $0.01 per diluted share, respectively. For the years ended December 31, 2023 and 2022, net income attributable to common shareholders was $47.5 million, or $0.22 per diluted share, compared to a net loss of $12.6 million, or $0.06 per diluted share, respectively. Increased NAREIT FFO per share by 4.6% on a year-over-year basisLeased...