NN, Inc. Reports Fourth Quarter and Full Year 2023 Results; 2024 Guidance

Written by Customer Service on March 11, 2024. Posted in Earnings Releases And Operating Results.

Business transformation continues; delivering record-setting new business wins in 2023 and significantly improved free cash flow performance Company provides sales, adjusted EBITDA, and free cash flow outlook for 2024 CHARLOTTE, N.C., March 11, 2024 (GLOBE NEWSWIRE) — NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today reported its financial results for the fourth quarter ended December 31, 2023. Financial and Strategic Highlights Displayed strong execution against the Company’s multi-year transformation plan, driving positive inflection in financial and operating results in the second half of the year; Delivered company record for new business awards of $62.6 million in 2023; Launched multiple long-term strategic initiatives to drive...

Dorel Reports Fourth Quarter and 2023 Year-End Results

Written by Customer Service on March 11, 2024. Posted in Earnings Releases And Operating Results.

Dorel Juvenile’s turnaround continues; posts best quarter in more than 5 years Lower furniture industry sales dampen Dorel Home results MONTRÉAL, March 11, 2024 (GLOBE NEWSWIRE) — Dorel Industries Inc. (TSX: DII.B, DII.A) today announced results for the fourth quarter and the year ended December 30,2023.   Fourth quarter revenue from continuing operations was US$350.7 million, up 3.1%, from US$340.3 million a year ago. Reported net loss from continuing operations for the quarter was US$3.8 million or US$0.12 per diluted share compared to US$41.4 million or US$1.27 per diluted share a year ago. Adjusted net income1 from continuing operations was US$0.2 million or US$0.01 per diluted share compared to an adjusted net loss1 from continuing operations of US$39.8 million or US$1.22 per diluted share for the fourth quarter a year ago.   Revenue...

TFI International Acquires Hercules Forwarding

Written by Customer Service on March 11, 2024. Posted in Mergers And Acquisitions.

– Strengthens US LTL portfolio while adding cross-border LTL into Canada – MONTREAL, March 11, 2024 (GLOBE NEWSWIRE) — TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced the acquisition of Hercules Forwarding, Inc. (“Hercules”), a Less-Than-Truckload (LTL) carrier with an emphasis on intra-US and US-to-Canada cross-border transportation. Founded in 1985 and family-owned with US headquarters in Vernon, California and Canadian headquarters in New Westminster, BC, Hercules utilizes a 31-terminal network and operates more than 210 trucks, close to 600 trailers and approximately 75 containers, generating more than US $100 million in annual revenues. Hercules’ non-union team focuses on direct shipper customers seeking high-quality, damage-free service across...

Rumble Cloud Launches to the Public

Written by Customer Service on March 11, 2024. Posted in Public Companies.

Rumble CloudTM offers the first cost-effective opportunity for businesses to run on a scaled infrastructure secured by a mission to protect a free and open internet. LONGBOAT KEY, Fla., March 11, 2024 (GLOBE NEWSWIRE) — Rumble (NASDAQ: RUM), the video-sharing platform and cloud services provider, announced today the public launch of Rumble Cloud, a new infrastructure as a service offering that champions the free and open internet. Rumble Cloud is designed to empower businesses to become independent from incumbent hyperscalers’ unfair pricing, vendor lock-in strategies, and censorship. Rumble Cloud, which provides the backbone for rumble.com, includes a portfolio of essential cloud computing services, available by self-service, including virtual machines and Kubernetes orchestration, block and object storage, load balancers, and...

Canoo to Announce Fourth Quarter and Fiscal Year 2023 Financial Results

Written by Customer Service on March 11, 2024. Posted in Public Companies.

Justin, TX, March 11, 2024 (GLOBE NEWSWIRE) — Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that it will report its financial results for the quarter and full year ended December 31, 2023 after market close on Monday, April 1, 2024. The Company will host a conference call and live webcast at 5:00 pm ET to discuss the results, followed by a question-and-answer period. Those interested are invited to listen to the live webcast online here. A replay of the webcast will be available shortly afterwards here. Date: Monday, April 1, 2024 Time: 5:00 pm ET U.S. Dial-in: 877-407-9169 International Dial-in: 201-493-6755 Access ID: 13744832 An audio replay of the call will be available shortly after its conclusion through April 15, 2024. Toll-free Replay Number: 877-660-6853 International Replay Number:...

Monroe Capital Corporation BDC Announces Fourth Quarter and Full Year 2023 Results

Written by Customer Service on March 11, 2024. Posted in Earnings Releases And Operating Results.

CHICAGO, March 11, 2024 (GLOBE NEWSWIRE) — Monroe Capital Corporation (Nasdaq: MRCC) (“Monroe”) today announced its financial results for the fourth quarter and full year ended December 31, 2023. Except where the context suggests otherwise, the terms “Monroe,” “we,” “us,” “our,” and “Company” refer to Monroe Capital Corporation. Fourth Quarter 2023 Financial Highlights Net Investment Income of $5.3 million, or $0.24 per share Adjusted Net Investment Income (a non-GAAP measure described below) of $5.6 million, or $0.26 per share Net increase in net assets resulting from operations of $1.6 million, or $0.07 per share Net Asset Value (“NAV”) of $203.7 million, or $9.40 per share Paid quarterly dividend of $0.25 per share on December 29, 2023 Current annual cash dividend yield to shareholders of approximately 13.4% (1) Full Year...

Anaptys Announces Fourth Quarter and Full Year 2023 Financial Results and Provides Business Update

Written by Customer Service on March 11, 2024. Posted in Earnings Releases And Operating Results.

Enrollment ongoing for global Phase 2b trial to treat atopic dermatitis (AD) with ANB032, our BTLA agonist, with top-line data anticipated by year-end 2024 Enrollment ongoing for global Phase 2b trial to treat rheumatoid arthritis (RA) and global Phase 2 trial to treat ulcerative colitis (UC) with rosnilimab, our PD-1 agonist, with top-line data anticipated by mid 2025 and H1 2026, respectively IND filings for ANB033 (anti-CD122 antagonist) and ANB101 (BDCA2 modulator) anticipated Q2 2024 and H2 2024, respectively Year end 2023 cash and investments of $417 million and reiterating cash runway through year-end 2026 SAN DIEGO, March 11, 2024 (GLOBE NEWSWIRE) — AnaptysBio, Inc. (Nasdaq: ANAB), a clinical-stage biotechnology company focused on delivering innovative immunology therapeutics, today reported operating results for the...

Apollo Tactical Income Fund Inc. Declares March 2024 Monthly Distribution of $0.138 Per Share

Written by Customer Service on March 11, 2024. Posted in Dividend Reports And Estimates.

NEW YORK, March 11, 2024 (GLOBE NEWSWIRE) — (NYSE: AIF) – Apollo Tactical Income Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of March 2024 of $0.138 per common share, payable on the date noted below. The following dates apply to the declared distribution: Ex-Date: March 20, 2024Record Date: March 21, 2024Payment Date: March 28, 2024Per Share Amount: $0.138 Apollo Contact Information: Product Literature877-864-4834 InvestorsElizabeth BesenInvestor Relations ManagerApollo Global Management, Inc.212-822-0625ebesen@apollo.com Forward-Looking StatementsThis press release may contain statements that are forward looking, as that term is defined by the Private Securities Litigation Reform Act of 1995 or by the Securities and Exchange Commission in its rules, regulations and releases. These...

Apollo Senior Floating Rate Fund Inc. Declares March 2024 Monthly Distribution of $0.137 Per Share

Written by Customer Service on March 11, 2024. Posted in Dividend Reports And Estimates.

NEW YORK, March 11, 2024 (GLOBE NEWSWIRE) — (NYSE: AFT) – Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of March 2024 of $0.137 per common share, payable on the date noted below. The following dates apply to the declared distribution: Ex-Date: March 20, 2024Record Date: March 21, 2024Payment Date: March 28, 2024Per Share Amount: $0.137 Apollo Contact Information: Product Literature877-864-4834 InvestorsElizabeth BesenInvestor Relations ManagerApollo Global Management, Inc.212-822-0625ebesen@apollo.com Forward-Looking StatementsThis press release may contain statements that are forward looking, as that term is defined by the Private Securities Litigation Reform Act of 1995 or by the Securities and Exchange Commission in its rules, regulations and releases....

CytomX Therapeutics Reports 2023 Financial Results and Provides Business Update

Written by Customer Service on March 11, 2024. Posted in Earnings Releases And Operating Results.

– CX-904 (EGFRxCD3 T-cell engager) initial Phase 1a dose escalation data in solid tumors anticipated in the 2nd half of 2024 – – CX-2051 (EpCAM ADC) Phase 1 clinical study initiation in solid tumors, including colorectal cancer (CRC) anticipated in the 1st half of 2024 – – CX-801 (IFNα2b) Phase 1 clinical study initiation in solid tumors including melanoma, renal, and head and neck squamous cell carcinoma anticipated in 1st half of 2024 – – Management to hold conference call today at 5 p.m. EDT / 2 p.m. PDT – SOUTH SAN FRANCISCO, Calif., March 11, 2024 (GLOBE NEWSWIRE) — CytomX Therapeutics, Inc. (Nasdaq: CTMX), a leader in the field of conditionally activated, localized biologics, today reported full year 2023 financial results and provided a business update. “2023 was a year...

Day: March 11, 2024

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