Day: March 15, 2024

Paltalk, Inc. Reports Increased Operating Efficiencies with 69% Reduction in Net Loss for Fiscal Year 2023

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

Net Cash Used in Operating Activities for Q4 2023 was $0.1 Million Q4 2023 Cash Balance Remains Strong at $13.6 Million and No Long-Term DebtJERICHO, NY, March 15, 2024 (GLOBE NEWSWIRE) — via NewMediaWire — Paltalk, Inc. (“Paltalk,” the “Company,” “we,” “our” or “us”) (Nasdaq: PALT), a communications software innovator that powers multimedia social applications, today announced financial and operational results for the fourth quarter and year ended December 31, 2023. Key Financial Highlights for Fourth Quarter Ended December 31, 2023 Compared to Prior Year PeriodTotal Revenue decreased 4% to $2.7 million Subscription revenue decreased 5% to $2.6 million Advertising revenue increased 40% to $0.1 million Net loss was $0.3 million compared to a net loss of $0.5 million, an improvement of 43% Adjusted EBITDA1 loss was $0.2...

KVH Industries Reports Fourth Quarter and Full Year 2023 Results

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

MIDDLETOWN, R.I., March 15, 2024 (GLOBE NEWSWIRE) — KVH Industries, Inc., (Nasdaq: KVHI), reported financial results for the quarter and full year ended December 31, 2023 today. The company will hold a conference call to discuss these results at 9:00 a.m. ET today, which can be accessed at investors.kvh.com. Following the call, a replay of the webcast will be available through the company’s website. Fourth Quarter 2023 HighlightsTotal revenues from continuing operations decreased by 13% in the fourth quarter of 2023 to $31.5 million from $36.0 million in the fourth quarter of 2022.VSAT airtime revenue decreased by $1.0 million, to $25.9 million, or 4% in the fourth quarter of 2023 compared to the fourth quarter of 2022.We recorded a $5.2 million inventory write-down and a $3.6 million charge for excess purchase order obligations...

Flagship Communities Real Estate Investment Trust Announces March 2024 Cash Distribution

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

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, March 15, 2024 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (the “REIT”) (TSX:MHC.U; MHC.UN) announced today a cash distribution of US$0.0492 per REIT unit for the month of March 2024, representing US$0.59 per REIT unit on an annual basis. Payment will be made on or about April 15, 2024 to unitholders of record as of the close of business on March 31, 2024. Distributions paid to Canadian unitholders (and other non-U.S. unitholders) generally will be subject to U.S. withholding tax. Unitholders should consult their own tax advisors for advice with respect to the tax consequences of receiving a distribution from the REIT in their own circumstances. About Flagship Communities Real Estate Investment Trust Flagship...

Chicago Atlantic Real Estate Finance Declares Common Stock Dividend of $0.47 for the First Quarter of 2024

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

CHICAGO, March 15, 2024 (GLOBE NEWSWIRE) — Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI), a commercial mortgage real estate investment trust, announced that its board of directors has declared a regular quarterly cash dividend of $0.47 per share for the first quarter of 2024. The regular quarterly dividend, which equates to an annualized rate of $1.88 per common share, is payable on April 15, 2024, to shareholders of record as of the close of business on March 28, 2024. About Chicago Atlantic Real Estate Finance, Inc.Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) is a market-leading commercial mortgage REIT utilizing significant real estate, credit and cannabis expertise to originate senior secured loans primarily to state-licensed cannabis operators in limited-license states in the United States. REFI is...

StorageVault Announces Quarterly Dividend For Q1 2024

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

TORONTO, March 15, 2024 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX) announced today that a quarterly dividend of $0.002888 per common share (“Common Share”) will be payable on ‎April 15, 2024 to shareholders of record on March 28, 2024, with an ex-dividend date of March 27, ‎‎2024. This dividend has been designated as an “eligible dividend” for Canadian income tax ‎purposes.‎ About StorageVault Canada Inc.StorageVault owns and operates 243 storage locations across Canada. StorageVault owns 212 of these ‎locations plus over 5,000 portable storage units representing over 11.7 million rentable square feet on ‎over 686 acres of land. StorageVault also provides last mile storage and logistics’ solutions and ‎professional records management services, ‎such as document and media storage,...

Lithium Americas Reports 2023 Full Year and Fourth Quarter Results

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

(All amounts in US$ unless otherwise indicated) VANCOUVER, British Columbia, March 15, 2024 (GLOBE NEWSWIRE) — Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) has reported its financial and operating results for the fourth quarter and year ended December 31, 2023 (“Q4 2023”) and has filed its audited consolidated financial statements (“Financials”) and management’s discussion and analysis (“MD&A”) for the year ended December 31, 2023. The Company is also providing an update on its Thacker Pass lithium project in Humboldt Country, Nevada (“Thacker Pass”). HIGHLIGHTS Thacker PassSite preparation for major earthworks has been completed, including all site clearing, commissioning a water supply system, site access improvements and site infrastructure. The Company is currently focused on advancing...

Norsk Hydro: Industry and Norwegian government agree on the CO2 compensation scheme

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

The Norwegian government, industry associations and trade unions have reached an agreement on the future of the Norwegian CO2 compensation scheme, valid from 2024 until 2030. “The CO2 compensation scheme is essential for maintaining competitive frame conditions for industries in Norway. This agreement will provide predictability, while accelerating decarbonization and green investments,” says President and CEO, Hilde Merete Aasheim. The agreement between the Norwegian government, Norsk Industri, Industri Energi & Forbundet for ledelse og teknikk, Fellesforbundet, LO, and NHO is valid from 2024 until 2030. It includes an annual maximum CO2 compensation for eligible industries of NOK 7 billion. The CO2 quota price floor that was introduced in 2022, and further increased for 2023, will be fully removed. The compensation cap will be...

Asensus Surgical, Inc. Schedules Fourth Quarter and Full Year 2023 Financial and Operating Results Conference Call for March 21, 2024

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

RESEARCH TRIANGLE PARK, N.C., March 15, 2024 (GLOBE NEWSWIRE) — Asensus Surgical, Inc. (NYSE American: ASXC), a medical device company that is digitizing the interface between the surgeon and the patient, announced today that it plans to release fourth quarter and full year 2023 financial and operating results after the market closes on Thursday, March 21, 2024. The Company will host a conference call to discuss these results starting at 4:30 p.m. ET the same day. The call will be concurrently webcast. To listen to the conference call on your telephone, please dial 1-888-886-7786 for domestic callers and 416-764-8658 for international callers, approximately ten minutes prior to the start time. To access the live audio webcast or archived recording, use the following link https://ir.asensus.com/events-and-presentations. The replay...

Lands’ End Announces $25 Million Share Repurchase Authorization

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

DODGEVILLE, Wis., March 15, 2024 (GLOBE NEWSWIRE) — Lands’ End, Inc. (NASDAQ: LE) announced today that its Board of Directors has authorized the repurchase of up to $25 million of the Company’s common stock through March 31, 2026. The Company’s prior share repurchase authorization pursuant to which 2.3 million shares were repurchased for an aggregate $20.3 million beginning in June 2022, expired on February 2, 2024. Under the program, the Company may purchase its shares from time to time in the open market, in privately negotiated transactions, or by other means in accordance with federal securities laws. All repurchases will be subject to compliance with the Company’s Term Loan credit agreement which imposes a per fiscal year limitation on share repurchases. Bernard McCracken, Chief Financial Officer, said, “This new share repurchase...

Townsquare Announces Fourth Quarter and Full Year 2023 Results Announces Increase in Dividend

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

Digital Growth and Strong Profit Margins Across Segments Contribute to Strong Cash Flow Growth: Generated $68 Million of Cash Flow from Operations, +35% Year-over-Year PURCHASE, N.Y., March 15, 2024 (GLOBE NEWSWIRE) — Townsquare Media, Inc. (NYSE: TSQ) (“Townsquare”, the “Company,” “we,” “us,” or “our”) announced today its financial results for the fourth quarter and year ended December 31, 2023. “I am pleased to share that Townsquare’s fourth quarter results met or exceeded our previously issued guidance, and our full year results met the guidance that we issued at the start of 2023. 2023 net revenue (excluding political) decreased -0.9% year-over-year, and -1.9% in total, to $454.2 million, the second highest revenue amount in Townsquare’s history. 2023 Adjusted EBITDA (excluding...

Day: March 15, 2024

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