Day: April 25, 2024
MUNCIE, Ind., April 25, 2024 (GLOBE NEWSWIRE) — First Merchants Corporation (NASDAQ – FRME)
First Quarter 2024 Highlights:Net income available to common stockholders was $47.5 million and diluted earnings per common share totaled $0.80 compared to $63.6 million and $1.07 in the first quarter of 2023, and $42.0 million and $0.71 in the fourth quarter of 2023. Net income and diluted earnings per common share, excluding non-core charges of $3.5 million incurred during the quarter, totaled $50.1 million and $0.85, respectively.
Strong capital position with Common Equity Tier 1 Capital Ratio of 11.25 percent.
Total loans declined $24.3 million, or 0.8 percent annualized on a linked quarter basis, but increased $346.4 million, or 2.8 percent during the last twelve months when excluding the impact of a non-relationship commercial...
Hanmi Financial Declares Cash Dividend of $0.25 per share and Announces New Share Repurchase Authorization
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LOS ANGELES, April 25, 2024 (GLOBE NEWSWIRE) — Hanmi Financial Corporation (NASDAQ: HAFC, or “Hanmi”), the parent company of Hanmi Bank (the “Bank”), today announced that its Board of Directors declared a cash dividend on its common stock for the 2024 second quarter of $0.25 per share. The dividend will be paid on May 22, 2024, to stockholders of record as of the close of business on May 6, 2024.
In addition, the Board of Directors today approved a new stock repurchase program. Under the new repurchase program, the Company may repurchase up to 5% of its outstanding shares, or approximately 1.5 million shares of its common stock.
“We believe Hanmi’s long-term growth prospects are attractive, and today’s new share repurchase authorization serves as evidence of the Company’s ongoing focus on its capital allocation priorities”, said...
Phunware Sets First Quarter 2024 Earnings Call for Thursday, May 9, 2024 at 4:30 p.m. ET
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AUSTIN, Texas, April 25, 2024 (GLOBE NEWSWIRE) — Phunware, Inc. (NASDAQ: PHUN) (“Phunware” or “the Company”), the leading provider of patented wayfinding and mobile engagement solutions that enable brands to engage, manage and monetize anyone anywhere, will hold a conference call on Thursday, May 9, 2024, at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the first quarter ended March 31, 2024. Financial results will be issued in a press release prior to the call.
Phunware management will host the conference call, followed by a question and answer period.
Date: Thursday, May 9, 2024Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)U.S. dial-in: 888-506-0062International dial-in: 973-528-0011Access Code: 694812
Please call the conference telephone number 10 minutes prior to the start time....
Supremex Announces Date of Its 2024 First Quarter Results Conference Call and Annual Meeting of Shareholders
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MONTREAL, April 25, 2024 (GLOBE NEWSWIRE) — Supremex Inc. (“Supremex” or the “Company”) (TSX: SXP), a leading North American manufacturer and marketer of envelopes and a growing provider of paper-based packaging solutions, will release its results for the first quarter ended March 31, 2024, after markets close Wednesday, May 8, 2024. A conference call to discuss these results will be held on Thursday, May 9, 2024, at 8:30 a.m. (Eastern Time).
Conference Call:
A live broadcast of the Conference Call will be available on the Company’s website, in the Investors section under Webcast.
To participate (professional investment community only) or to listen to the live conference call, please dial the following numbers. We suggest that participants call-in at least 5 minutes prior to the scheduled start time:
• Confirmation number:
10023227
•...
Navitas Highlights EV High-speed Hybrid Power Semiconductor Advances in China Innovation Summit Keynote
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No-compromise, next-gen GaN and SiC technologies drive faster EV charging, longer range and lower system costsNavitas Highlights EV High-speed Hybrid Power Semiconductor Advances in China Innovation Summit KeynoteNo-compromise, next-gen GaN and SiC technologies drive faster EV charging, longer range and lower system costsTORRANCE, Calif., April 25, 2024 (GLOBE NEWSWIRE) — Navitas Semiconductor (Nasdaq: NVTS), the industry leader in next-generation GaNFast™ gallium nitride (GaN) and GeneSiC™ silicon carbide (SiC) power semiconductors, today announced its participation in forthcoming China Electronic Hotspot Solutions Innovation Summit in Shenzhen on April 27th. The summit gathers key players in power semiconductors and associated customer design teams for innovations in EV such as 800 V supercharging,...
Veru to Present at the American Association of Clinical Endocrinology (AACE) 2024 Annual Meeting on May 9-11
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MIAMI, FL, April 25, 2024 (GLOBE NEWSWIRE) — Veru Inc. (NASDAQ: VERU), a late clinical stage biopharmaceutical company focused on developing innovative medicines for preserving muscle for high quality weight loss, oncology, and viral induced acute respiratory distress syndrome, today announced that the Company will present two late-breaking abstract presentations at the American Association of Clinical Endocrinology (AACE) 2024 Annual Meeting, taking place May 9-11, 2024 in New Orleans, LA.
The late-breaking presentations are:
Double-Blind, Multiple Ascending Dose, Safety, Pharmacokinetic and Body Composition Study of Enobosarm in Healthy Young and Older MenDate: Thursday May 9, 2024Start and end time: 12:25 PM-12:40 PM Central Daylight Time
Potential to Optimize Weight Loss with Enobosarm: Augment Reduction of Fat Mass while Preserving...
Kearny Financial Corp. Announces Third Quarter Fiscal 2024 Results and Declaration of Cash Dividend
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FAIRFIELD, N.J., April 25, 2024 (GLOBE NEWSWIRE) — Kearny Financial Corp. (NASDAQ GS: KRNY) (the “Company”), the holding company of Kearny Bank (the “Bank”), reported net income for the quarter ended March 31, 2024 of $7.4 million, or $0.12 per diluted share, compared to a net loss of $13.8 million, or $0.22 per diluted share, for the quarter ended December 31, 2023. The net loss for the quarter ended December 31, 2023 was impacted by various non-recurring items, as previously disclosed.
The Company also announced that its Board of Directors has declared a quarterly cash dividend of $0.11 per share, payable on May 22, 2024, to stockholders of record as of May 8, 2024.
Craig L. Montanaro, President and Chief Executive Officer, commented, “Once again uncertainty remains on the forefront of conversations taking place on Main Street...
NetBrands Corp Announces it Filed its Application to Uplist to the OTCQB Venture Market
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ISLAND PARK, N.Y., April 25, 2024 (GLOBE NEWSWIRE) — NetBrands Corp., a Delaware corporation (the “Company”; OTC: NBND) is pleased to announce that the company has filed an application to uplist to the OTCQB Venture Market and move to the higher-tier of the exchange as its preparing for future moves. Company believes uplisting to the higher-tier of OTC will provide an opportunity for a more efficient access to U.S Investors, greater transparency, enhanced liquidity and potentially achieving higher valuation. Our recent announcement of Intent to acquire OMM Imports, LLC, Elevare Skincare, LLC and Market Innovations, LLC (“Zero Gravity”) signifies our commitment to deliver shareholder value and give access and larger exposure with reach to a greater investor base on OTCQB Venture Market.
“As the company going through a pivotal point,...
New Season of Gaia Original Series The Journey of Remembering with Matías De Stefano Returned Monday, April 22
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BOULDER, Colo., April 25, 2024 (GLOBE NEWSWIRE) — Gaia, Inc. (NASDAQ: GAIA), a conscious media and community company, announced that the second season of its highly-anticipated original series The Journey of Remembering is now available exclusively on Gaia. The premiere of this eight-episode series includes the first three episodes, with new episodes released each Monday at 2:00 a.m. MT.
In season two of this exclusive Gaia Original docuseries, Matías De Stefano guides 45 initiates on a challenging journey he took himself years ago. Together, the group travels to stone circles and sacred sites throughout Great Britain, retracing an ancient path of initiation. Along the way, they practice Druidic ceremonies led by wise “Merlins,” learning how to work with powerful Earth energies and heal buried memories and emotions that have been...
La Rosa Acquires Tenth Real Estate Brokerage Franchisee with Revenue of $4.7 Million and Positive Net Income in 2023
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Brokerage Ranked Number Two for The Highest Agent Count and Number Three in Real Estate Sales in Polk County, Florida in 2023
Reaffirms target anticipated to generate $100 million of annualized revenue as a 2024 exit run rate
Celebration, FL, April 25, 2024 (GLOBE NEWSWIRE) — La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced that it has completed an acquisition transaction and now holds a 51% interest in the Company’s franchisee – La Rosa Realty Lakeland LLC (DBA La Rosa Realty Prestige) (“Prestige”), located in Lakeland, Florida with a separate branch in Winter Haven, Florida.
Prestige generated revenue of $4.7 million and had positive net income in 2023. The franchisee provides...