Day: March 15, 2024

Company Announces Cash Dividend of $0.01 Per Common Share for the First Quarter of 2024

Written by Customer Service on March 15, 2024. Posted in Dividend Reports And Estimates.

HAUPPAUGE, N.Y., March 15, 2024 (GLOBE NEWSWIRE) — Orbit International Corp. (OTC Expert Market:ORBT), an electronics manufacturer and software solution provider, announced today that its Board of Directors has declared a quarterly cash dividend of $0.01 per share. The declared dividend is payable to shareholders of record as of March 29, 2024, with a payment date of April 5, 2024. Orbit International Corp., through its Electronics Group, is involved in the development and manufacture of custom electronic device and subsystem solutions for military, industrial and commercial applications through its production facilities in Hauppauge, NY and Carson, CA. Orbit’s Power Group, also located in Hauppauge, NY, designs and manufactures a wide array of power products including AC power supplies, frequency converters, inverters, VME/VPX...

Eberl Claims Service and Colonial Adjustment Forge Strategic Alliance for Claims Excellence

Written by Customer Service on March 15, 2024. Posted in Mergers And Acquisitions.

LAKEWOOD, Colo., March 15, 2024 (GLOBE NEWSWIRE) — Eberl Claims Service, a distinguished leader in claims solutions, proudly announces its acquisition of Colonial Adjustment, Inc., New England’s foremost independent adjusting firm, effective March 15, 2024. This transformative union signifies a new era of growth and innovation, driven by a shared commitment to excellence and customer-centric values. Founded in 1974, Colonial Adjustment has been synonymous with accuracy, timeliness, and unparalleled personal commitment to business partners, serving as the cornerstone of New England’s claims landscape for 50 years. With a comprehensive suite of services spanning Maine, New Hampshire, and Vermont, Colonial Adjustment specializes in a diverse array of claim adjustment needs, ranging from residential and commercial property losses to...

Oxford Square Capital Corp. Announces Net Asset Value and Selected Financial Results for the Quarter Ended December 31, 2023 and Declaration of Distributions on Common Stock for the Months Ending April 30, May 31, and June 30, 2024.

Written by Customer Service on March 15, 2024. Posted in Earnings Releases And Operating Results.

GREENWICH, Conn., March 15, 2024 (GLOBE NEWSWIRE) — Oxford Square Capital Corp. (NasdaqGS: OXSQ) (NasdaqGS: OXSQZ) (NasdaqGS: OXSQG) (the “Company,” “we,” “us” or “our”) announced today its financial results and related information for the quarter ended December 31, 2023.On March 14, 2024, our Board of Directors declared the following distributions on our common stock: Month Ending Record Date Payment Date Amount Per Share April 30, 2024 April 16, 2024 April 30, 2024 $0.035 May 31, 2024 May 17, 2024 May 31, 2024 $0.035 June 30, 2024 June 14, 2024 June 28, 2024 $0.035 Net asset value (“NAV”) per share as of December 31, 2023 stood at $2.55, compared with a NAV per share on September 30, 2023 of $2.78.Net investment income (“NII”) was approximately $7.8 million, or $0.13 per share, for...

ZeroFox Announces Fourth Quarter and Fiscal Year 2024 Financial Results

Written by Customer Service on March 15, 2024. Posted in Earnings Releases And Operating Results.

Reports Record Annual Recurring Revenue and Positive Free Cash Flow WASHINGTON, March 15, 2024 (GLOBE NEWSWIRE) — ZeroFox Holdings, Inc. (Nasdaq: ZFOX), an enterprise software-as-a-service leader in external cybersecurity, today announced financial results for the fourth quarter and fiscal year ended January 31, 2024. “Q4 was another positive quarter for ZeroFox with sustained top line growth and positive free cash flow” said James C. Foster. Founder and CEO of ZeroFox. “We believe that our results validate the growing need for an AI-enabled, converged external cybersecurity platform to protect enterprises from advanced external threats.” Fourth Quarter Fiscal Year 2024 Financial HighlightsRevenue: Total revenue was $60.5 million, an increase of 33% year-over-year. Annual Recurring Revenue (“ARR”) was $188.4 million, an increase...

GigaCloud Technology Inc Announces Fourth Quarter 2023 and Year Ended December 31, 2023 Financial Results

Written by Customer Service on March 15, 2024. Posted in Earnings Releases And Operating Results.

Fourth Consecutive Quarter of Record Profitability, Revenues up 94.8% from Fourth Quarter 2022 EL MONTE, Calif., March 15, 2024 (GLOBE NEWSWIRE) — GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise, today announced its unaudited financial results for the quarter and the fiscal year ended December 31, 2023. Fourth Quarter 2023 Financial HighlightsTotal revenues were $244.7 million in the fourth quarter of 2023, an increase of 94.8% from $125.6 million in the fourth quarter of 2022. Gross profit was $69.8 million in the fourth quarter of 2023, an increase of 161.4% from $26.7 million in the fourth quarter of 2022. Gross margin increased to 28.5% in the fourth quarter of 2023 from 21.2% in the fourth quarter of 2022. Net income...

ERES REIT Declares March 2024 Monthly Distribution

Written by Customer Service on March 15, 2024. Posted in Dividend Reports And Estimates.

TORONTO, March 15, 2024 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the March 2024 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “March Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will be payable to holders of the Units and Class B LP Units (the “Unitholders”) of record on March 28, 2024, with payment on April 15, 2024. The Euro-denominated distribution will be paid in Canadian dollars based on the exchange rate on the date of payment (estimated C$0.01470 per Unit and Class B LP Unit). Registered Unitholders will be provided with an option to elect to receive such distribution in Euros rather than Canadian dollars. If no such election is made, registered Unitholders...

Eupraxia Pharmaceuticals Announces Closing of Overnight Marketed Offering for Gross Proceeds of C$33.9 Million

Written by Customer Service on March 15, 2024. Posted in Public Companies.

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES VICTORIA, British Columbia, March 15, 2024 (GLOBE NEWSWIRE) — Eupraxia Pharmaceuticals Inc. (“Eupraxia” or the “Company”) (TSX: EPRX), a clinical-stage biotechnology company, today announced that it has closed its previously announced overnight marketed public offering (the “Offering”) of common shares of the Company (the “Shares”). Pursuant to the Offering, Eupraxia issued 8,260,435 Shares at a price of C$4.10 per Share for gross proceeds of C$33,867,784, which includes the issuance of 943,435 Shares upon exercise of the over-allotment option. Eupraxia expects to use the net proceeds of the Offering, together with its existing cash and cash equivalents, primarily to fund research and development activities, general and administrative...

C3is Inc. Announces Pricing of $6.0 Million Underwritten Public Offering

Written by Customer Service on March 15, 2024. Posted in Public Companies.

ATHENS, Greece, March 15, 2024 (GLOBE NEWSWIRE) — C3is Inc. (Nasdaq: CISS) (the “Company”), a ship-owning company providing dry bulk and crude oil tanker seaborne transportation services, today announced the pricing of a firm commitment underwritten public offering with gross proceeds to the Company expected to be approximately $6.0 million, before deducting underwriting discounts and other estimated expenses payable by the Company. The offering consists of 120,000,000 Common Units or Pre-funded Units, each consisting of one share of common stock (“Common Share”) or Pre-Funded Warrant, one half of a Class C-1 Warrant to purchase one Common Share at an exercise price of $0.075 per share (or 150% of the price of each Common Unit sold in the offering) or pursuant to an alternative cashless exercise option, which warrant will expire...

Progressive Reports February 2024 Results

Written by Customer Service on March 15, 2024. Posted in Earnings Releases And Operating Results.

MAYFIELD VILLAGE, OHIO, March 15, 2024 (GLOBE NEWSWIRE) — The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended February 29, 2024: February(millions, except per share amounts and ratios; unaudited) 2024Net premiums written $ 5,720.5Net premiums earned $ 5,129.1Net income $ 737.1Per share available to common shareholders $ 1.24Total pretax net realized gains (losses) on securities $ 80.7Combined ratio – current year 86.8 – prior year 95.1Average diluted equivalent common shares 587.3In October 2023, we converted our monthly accounting closing calendar to align with the Gregorian calendar. We do not expect that this change will have a material impact on our reported quarterly and annual underwriting results but it may impact our year-over-year...

Telos Corporation Announces Substantial Progress on New Business Capture; Reports Fourth Quarter and Full Year 2023 Results Above Expectations

Written by Customer Service on March 15, 2024. Posted in Earnings Releases And Operating Results.

Telos’ Prime Partners Received Awards on New Programs Worth up to $525 Million to Telos’ Security Solutions Business Over Five Years, Subject to Customary Protest Periods and Favorable Resolution of Protests Reports Fourth Quarter and Full Year 2023 Revenue, Profit, and Cash Flow Above Expectations Delivered Fourth Quarter Revenue of $41.1 Million and Full Year Revenue of $145.4 Million Generated Fourth Quarter Cash Flow From Operations of $5.0 Million and Full Year Cash Flow From Operations of $1.6 Million; Generated $1.8 Million of Positive Free Cash Flow in the Fourth QuarterASHBURN, Va., March 15, 2024 (GLOBE NEWSWIRE) — Telos Corporation (NASDAQ: TLS), a leading provider of cyber, cloud and enterprise security solutions for the world’s most security-conscious organizations, today announced financial results for the fourth...

Day: March 15, 2024

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