Day: April 25, 2024

Kura Oncology to Report First Quarter 2024 Financial Results

Written by Customer Service on April 25, 2024. Posted in Public Companies.

SAN DIEGO, April 25, 2024 (GLOBE NEWSWIRE) — Kura Oncology, Inc. (Nasdaq: KURA), a clinical-stage biopharmaceutical company committed to realizing the promise of precision medicines for the treatment of cancer, today announced that it will report first quarter 2024 financial results after the close of U.S. financial markets on Thursday, May 2, 2024. Kura’s management will host a webcast and conference call at 4:30 p.m. ET / 1:30 p.m. PT that day to discuss the financial results and provide a corporate update. The live call may be accessed by dialing (888) 886-7786 for domestic callers and (416) 764-8658 for international callers. A live webcast and archived replay of the event will be available here or online from the investor relations section of the company website at www.kuraoncology.com. About Kura Oncology Kura Oncology is...

Jushi Holdings Inc. to Report First Quarter 2024 Financial Results on May 9, 2024

Written by Customer Service on April 25, 2024. Posted in Public Companies.

BOCA RATON, Fla., April 25, 2024 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that it expects to report its financial results for the first quarter ended March 31, 2024, after the market closes on Thursday, May 9, 2024. Management will host a conference call and audio webcast on Thursday, May 9, 2024, at 4:30 p.m. ET to discuss the Company’s financial results.Event: First Quarter 2024 Financial Results Conference CallDate: Thursday, May 9, 2024Time: 4:30 p.m. Eastern TimeLive Call: 1-877-407-0792 (U.S. & Canada Toll-Free)Conference ID 13745557Webcast: Register For interested individuals unable to join the conference call, a webcast of the call will be available for one month following...

FTI Consulting Reports Record First Quarter 2024 Financial Results

Written by Customer Service on April 25, 2024. Posted in Public Companies.

First Quarter 2024 Revenues of $928.6 Million, Up 15% Compared to $806.7 Million in Prior Year Quarter First Quarter 2024 EPS of $2.23, Up 66% Compared to $1.34 in Prior Year QuarterWASHINGTON, April 25, 2024 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today released financial results for the first quarter ended March 31, 2024. First quarter 2024 revenues of $928.6 million increased $121.8 million, or 15.1%, compared to revenues of $806.7 million in the prior year quarter. The increase in revenues was primarily due to higher demand across all business segments. Net income of $80.0 million compared to $47.5 million in the prior year quarter. The increase in net income was primarily due to higher revenues, a lower effective tax rate and lower FX remeasurement losses compared to the prior year quarter, which was partially...

Altisource Announces First Quarter 2024 Financial Results

Written by Customer Service on April 25, 2024. Posted in Earnings Releases And Operating Results.

LUXEMBOURG, April 25, 2024 (GLOBE NEWSWIRE) — Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today reported financial results for the first quarter 2024. “I am very pleased with our first quarter performance. We generated $4.6 million of Adjusted EBITDA(1), marking our best quarterly performance since the third quarter of 2020, on $36.9 million of service revenue. We are winning meaningful new business and ramping 2023 sales wins on a lower cost base. In our Servicer and Real Estate segment, we are winning market share. In our Origination segment, we are increasing adoption of our solutions that help originators save money,” said Chairman and Chief Executive Officer William B. Shepro. Mr. Shepro further commented,...

Nasdaq Announces 9% Increase in Quarterly Dividend to $0.24 Per Share

Written by Customer Service on April 25, 2024. Posted in Dividend Reports And Estimates.

NEW YORK, April 25, 2024 (GLOBE NEWSWIRE) — The Board of Directors of Nasdaq, Inc. (Nasdaq: NDAQ) has declared a regular quarterly dividend of $0.24 per share on the company’s outstanding common stock, a 9% increase from the previous quarter. The dividend is payable on June 28, 2024 to shareholders of record at the close of business on June 14, 2024. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Board of Directors. About Nasdaq Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity,...

Donegal Group Inc. Announces First Quarter 2024 Results

Written by Customer Service on April 25, 2024. Posted in Dividend Reports And Estimates.

MARIETTA, Pa., April 25, 2024 (GLOBE NEWSWIRE) — Donegal Group Inc. (NASDAQ: DGICA) and (NASDAQ: DGICB) today reported its financial results for the first quarter of 2024. Significant Items for First Quarter of 2024 (all comparisons to first quarter of 2023):Net premiums earned increased 5.8% to $227.7 million Net premiums written1 increased 6.0% to $251.4 million Combined ratio of 102.4%, compared to 101.2% Net income of $6.0 million, or $0.18 per diluted Class A share, compared to $5.2 million, or $0.16 per diluted Class A share Annualized return on average equity of 4.9%, compared to 4.3% Book value per share of $14.53 at March 31, 2024, compared to $15.01Financial Summary Three Months Ended March 31, 2024 2023 % Change (dollars in thousands, except per share amounts) Income Statement...

Bread Financial™ Provides Performance Update for March 2024

Written by Customer Service on April 25, 2024. Posted in Public Companies.

COLUMBUS, Ohio, April 25, 2024 (GLOBE NEWSWIRE) — Bread Financial Holdings, Inc. (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, provided a performance update. The following tables present the Company’s net loss rate and delinquency rate for the periods indicated. For themonth endedMarch 31, 2024 For thethree months endedMarch 31, 2024 (dollars in millions)End-of-period credit card and other loans $ 18,185 $ 18,185 Average credit card and other loans (1) $ 18,191 $ 18,546 Year-over-year change in average credit card and other loans 3 % (4 %)Net principal losses (1) $ 135 $ 394 Net loss rate (1) 8.8 % 8.5 % As ofMarch 31, 2024 As ofMarch 31, 2023 (dollars in millions)30 days + delinquencies...

Wabash Recognizes Outstanding Suppliers for 2023

Written by Customer Service on April 25, 2024. Posted in Public Companies.

Webb Wheel named supplier of the year LAFAYETTE, Ind., April 25, 2024 (GLOBE NEWSWIRE) — Wabash (NYSE: WNC), the visionary leader of connected solutions for the transportation, logistics and distribution industries, recognizes 42 of its top suppliers with 2023 Wabash Supplier Awards for supply chain excellence. “Our suppliers are invaluable partners in our journey to deliver breakthrough, cost-effective solutions to our customers,” said Richard Mansilla, vice president, global procurement for Wabash. “Their support and collaboration are instrumental in overcoming both near- and long-term supply chain challenges. We deeply appreciate the relationships we have built, as they enable us to continuously innovate and meet the evolving needs of the industry.” Wabash presents annual awards to top suppliers for excellence in supply...

Visteon Announces First Quarter 2024 Financial Results

Written by Customer Service on April 25, 2024. Posted in Earnings Releases And Operating Results.

VAN BUREN TOWNSHIP, Mich., April 25, 2024 (GLOBE NEWSWIRE) — Visteon Corporation (NASDAQ: VC) today reported first quarter financial results. Highlights include:Net sales of $933 million with a return to positive growth-over-market1 Net income of $42 million Adjusted EBITDA of $102 million or 10.9% of sales Operating cash flow of $69 million and adjusted free cash flow of $34 million Launched 26 new products across 14 OEMs Won $1.4 billion in new business, including over $400 million of displays wins Net cash of $175 million at quarter endVisteon reported net sales of $933 million compared to $967 million in the first quarter of the prior year. The decline in net sales was primarily due to lower recoveries resulting from improved semiconductor supply in the first quarter of 2024 and 1% lower customer vehicle production. Visteon’s...

Garrett Motion Reports First Quarter 2024 Financial Results

Written by Customer Service on April 25, 2024. Posted in Earnings Releases And Operating Results.

First Quarter 2024 HighlightsNet sales totaled $915 million, down 6% on a reported basis and 5% at constant currency* Net income totaled $66 million; Net income margin 7.2% Adjusted EBITDA* totaled $151 million; Adjusted EBITDA margin* of 16.5% Net cash provided by operating activities totaled $84 million Adjusted free cash flow* totaled $68 million Repurchased $109 million of Common StockReiterated Full Year 2024 OutlookNet sales of $3,870 million, flat on a reported and constant currency basis* Net income of $253 million; Net income margin 6.5% Adjusted EBITDA* of $620 million; Adjusted EBITDA margin* of 16.0% Net cash provided by operating activities of $420 million Adjusted free cash flow* of $375 millionROLLE, Switzerland, April 25, 2024 (GLOBE NEWSWIRE) — Garrett Motion Inc. (Nasdaq: GTX) (the “Company”),...

Day: April 25, 2024

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