Day: April 22, 2024

Edible Garden Regains Compliance with Nasdaq Bid Price Requirement

Written by Customer Service on April 22, 2024. Posted in Public Companies.

BELVIDERE, NJ, April 22, 2024 (GLOBE NEWSWIRE) — Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today announced that it received notice from Nasdaq on April 19, 2024 indicating that the Company had regained compliance with the minimum bid price requirement under Nasdaq Rule 5550(a)(2). Mr. Jim Kras, Chief Executive Officer of Edible Garden, commented, “We are pleased to have regained compliance with the bid price requirement of Nasdaq. Maintaining our Nasdaq listing is of the utmost importance to the Company given the credibility and visibility that it provides, and we view it as essential in our ongoing activities to enhance shareholder value and position the Company for long-term...

Lori Kalani to Join DraftKings as First Chief Responsible Gaming Officer

Written by Customer Service on April 22, 2024. Posted in Public Companies.

BOSTON, April 22, 2024 (GLOBE NEWSWIRE) — DraftKings (Nasdaq: DKNG) announced today the appointment of Lori Kalani as Chief Responsible Gaming Officer reporting into DraftKings’ chief executive officer, Jason Robins. Kalani becomes DraftKings’ first Chief Responsible Gaming Officer committed to the continued elevation and integration of the company’s player safety and protection activities and initiatives across all facets of its platforms and player communities.“Responsible gaming is one of our top priorities and it is a core part of our mission to build games that our customers can enjoy responsibly,” said Jason Robins, CEO and Co-Founder of DraftKings. “In this leadership role, Lori will further advance our responsible gaming initiatives and uphold our commitment to setting new industry standards.” Leveraging a systems-based...

PSB Holdings, Inc. Reports First Quarter 2024 Earnings of $0.39 Per Share, Tangible Net Book Value Per Share Up 8% In Past Year

Written by Customer Service on April 22, 2024. Posted in Earnings Releases And Operating Results.

WAUSAU, Wis., April 22, 2024 (GLOBE NEWSWIRE) — PSB Holdings, Inc. (“PSB”) (OTCQX: PSBQ), the holding company for Peoples State Bank (“Peoples”) serving Northcentral and Southeastern Wisconsin reported first quarter earnings ending March 31, 2024 of $0.39 per common share on net income of $1.6 million, compared to $0.55 per common share on net income of $2.3 million during the fourth quarter ending December 31, 2023, and $0.67 per common share on net income of $2.9 million during the first quarter ending March 31, 2023. PSB’s first quarter 2024 operating results reflected the following changes from the fourth quarter of 2023: (1) lower net interest income as deposit and FHLB borrowing costs rose faster than interest income on loans; (2) lower non-interest income due primarily to the sale of investment securities at a loss with...

LiveOne (Nasdaq: LVO) Anticipates Certain Record Q4 and FY24 Results

Written by Customer Service on April 22, 2024. Posted in Earnings Releases And Operating Results.

– FY24: Expects $118.5M revenue, $14.4M Adjusted EBITDA* (excluding $3.5M CPS division loss) – Q4 FY24: Expects $30.3M revenue, $4.3M Adjusted EBITDA* (excluding $1.6M CPS loss) – LVO Anticipates Completing CPS restructuring adding $3M Adjusted EBITDA* in FY25 – Maintains FY25 guidance: $140M-$155M revenue and $16M-$20M Adjusted EBITDA* – Audio Division FY25 guidance: $130M-$140M revenue, $20M-$25M Adjusted EBITDA* and $17M+ positive cash flow – Repurchased ~4M shares since program inception, with $5M remaining dedicated for continued repurchases – $10.6M current cash position – Senior Management Will Host a Live Conference Call and Audio Webcast Beginning at 10:00 A.M. ET on Thursday, May 30, 2024LOS ANGELES, CA, April 22, 2024 (GLOBE NEWSWIRE) — via NewMediaWire — LiveOne...

Sify reports Consolidated Financial Results for FY 2023-24

Written by Customer Service on April 22, 2024. Posted in Earnings Releases And Operating Results.

Revenues of INR 35,634 Million. EBITDA of INR 6,756 Million. CHENNAI, India, April 22, 2024 (GLOBE NEWSWIRE) — EARNING CALLS DETAILS April 22, 2024| 8:30 AM ET Participant Dial in: To join: +1-888-506-0062 (Toll Free in the U.S. or Canada) or +1-973-528-0011 (International). Access code: 380303 On the call: Mr. Raju Vegesna, Chairman of the Board, Mr. M P Vijay Kumar, Executive Director & Group CFO and Mr. Kamal Nath, Chief Executive Officer Live webcast: https://www.webcaster4.com/Webcast/Page/2184/50420 Archives: +1-877-481-4010 (Toll Free in the U.S. or Canada) or +1-919-882-2331 (International). Replay passcode 50420. Replay is available until April 30, 2024. ————————————————————————————— HIGHLIGHTSRevenue...

SS Innovations International Announces Q1 2024 Company Updates

Written by Customer Service on April 22, 2024. Posted in Earnings Releases And Operating Results.

Significant milestones achieved for SSi Mantra Made-in-India surgical robotic system FORT LAUDERDALE, Fla., April 22, 2024 (GLOBE NEWSWIRE) — SS Innovations International, Inc. (the “Company” or “SS Innovations”) (OTC: SSII), a developer of innovative surgical robotic technologies dedicated to making world class robotic surgery affordable and accessible to a global population, today announced its Q1 2024 Company updates. As of March 31, 2024, SS Innovations has completed a total of 32 successful installations of the SSi Mantra Surgical Robotic System in medical facilities across India. In addition, four cardiac surgery programs have been launched utilizing the SSi Mantra for the full spectrum of robotic cardiac surgeries. For the quarter ended March 31, 2024, SS Innovations sold 8 SSi Mantra Surgical Robotic Systems and expects...

Franklin Electric Declares Quarterly Dividend of $0.25 Per Share

Written by Customer Service on April 22, 2024. Posted in Dividend Reports And Estimates.

FORT WAYNE, Ind., April 22, 2024 (GLOBE NEWSWIRE) — Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.25 per share payable May 16, 2024, to shareholders of record on May 2, 2024. About Franklin ElectricFranklin Electric is a global leader in the production and marketing of systems and components for the movement of water and energy. Recognized as a technical leader in its products and services, Franklin Electric serves customers around the world in residential, commercial, agricultural, industrial, municipal, and fueling applications. Franklin Electric is proud to be named in Newsweek’s lists of America’s Most Responsible Companies and Most Trustworthy Companies for 2023 and America’s Climate Leaders 2023 by USA Today. “Safe Harbor” Statement under the...

Nova Leap Health Corp. to Discuss Record 2023 Results and Present at the Planet MicroCap Showcase

Written by Customer Service on April 22, 2024. Posted in Public Companies.

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES HALIFAX, Nova Scotia, April 22, 2024 (GLOBE NEWSWIRE) — NOVA LEAP HEALTH CORP. (TSXV: NLH) (“Nova Leap” or “the Company”), a growing home health care organization, is pleased to announce that Chris Dobbin, President & CEO of Nova Leap, will present at the upcoming Planet MicroCap Showcase to be held April 30 – May 2, 2024 in Las Vegas. The conference will bring together well-known investors and thought leaders in the MicroCap sector along with quality MicroCap investing opportunities for three days of company presentations, one-on-one meetings and educational panels. Mr. Dobbin will be presenting at the event by way of webcast on Wednesday, May 1, 2024 and will participate in one-on-one investor meetings throughout the day on Thursday,...

Brandywine Realty Trust Announces Expiration of Tender Offer for Any and All of its Outstanding 4.10% Guaranteed Notes due 2024 With Approximately $221.6 Million Having Been Tendered

Written by Customer Service on April 22, 2024. Posted in Public Companies.

PHILADELPHIA, April 22, 2024 (GLOBE NEWSWIRE) — Brandywine Realty Trust (the “Company”) (NYSE:BDN) announced today the expiration of the previously announced cash tender offer (the “Tender Offer”) by its operating partnership, Brandywine Operating Partnership, LP (the “Operating Partnership”), for any and all of its outstanding 4.10% Guaranteed Notes due October 1, 2024 (the “Notes”). The Tender Offer expired at 5:00 p.m., New York City time, on Friday, April 19, 2024 (the “Expiration Date”). As of the expiration of the Tender Offer, $221,601,000 or 66.13% of the $335,100,000 aggregate principal amount of the Notes had been validly tendered and not withdrawn in the Tender Offer (excluding $75,000 in aggregate principal amount of the Notes submitted pursuant to the guaranteed delivery procedures described in the Operating Partnership’s...

Norwood Financial Corp Announces First Quarter 2024 Earnings

Written by Customer Service on April 22, 2024. Posted in Earnings Releases And Operating Results.

HONESDALE, Pa., April 22, 2024 (GLOBE NEWSWIRE) — James O. Donnelly, President and Chief Executive Officer of Norwood Financial Corp (Nasdaq Global Market – NWFL) and its subsidiary, Wayne Bank, announced net income of $4,433,000 for the three months ended March 31, 2024, a decrease of $1,349,000, from net income of $5,782,000 for the three months ended March 31, 2023. The decrease was due primarily to a $1,383,000 decrease in net interest income and a $1,296,000 increase in total other expenses. Earnings per share on a fully diluted basis were $0.55 for the three-month period ended March 31, 2024, compared to $0.71 in the three-month period ended March 31, 2023. The annualized return on average assets was 0.80% in the first quarter of 2024 and the annualized return on average equity was 9.79%, compared to 1.13% and 13.61%, respectively,...

Day: April 22, 2024

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