Day: April 25, 2024

Strong 2024 momentum anchored by cash flow growth Solid CSB revenue growth, up 5%, and segment Adjusted EBITDA, up 8% Streamlined focus on innovation and growth in core consumer markets Returned capital to shareholders through increased dividend and share repurchase BOCA RATON, Fla., April 25, 2024 (GLOBE NEWSWIRE) — ADT Inc. (NYSE: ADT), the most trusted brand in smart home and small business security, today reported results for the first quarter of 2024. Financial highlights for the first quarter are listed below. Except for cash flow measures, prior period amounts have been recast to exclude ADT’s former commercial business, consistent with continuing operations GAAP presentation following the sale of the commercial business. Variances are on a year-over-year basis unless otherwise noted. First Quarter 2024Total revenue of...

FALLS CHURCH, Va., April 25, 2024 (GLOBE NEWSWIRE) — Northrop Grumman Corporation (NYSE: NOC) has released its first quarter 2024 financial results. A copy of the earnings release has been furnished in the company’s Form 8-K filing and is also available on the company’s investor relations website at http://investor.northropgrumman.com. As previously announced, Northrop Grumman will webcast its earnings conference call at 9 a.m. Eastern time today. A live audio broadcast of the conference call will be available on http://investor.northropgrumman.com. To listen to the call, go to the website at least 15 minutes before the call to register. Northrop Grumman is a leading global aerospace and defense technology company. Our pioneering solutions equip our customers with the capabilities they need to connect and protect the world,...

COLUMBUS, Ohio, April 25, 2024 (GLOBE NEWSWIRE) — Bread Financial Holdings, Inc. (NYSE: BFH), a tech-forward financial services company that provides simple, flexible payment, lending and saving solutions, today announced its first quarter 2024 financial results. All earnings-related materials are now available at the company’s investor relations website, here. Bread Financial President and Chief Executive Officer Ralph Andretta and Chief Financial Officer Perry Beberman will host a conference call at 8:30 a.m. ET today to discuss results. A link to the conference call will be available at the company’s investor relations website, and a replay will also be available there following the call. About Bread Financial™Bread Financial™ (NYSE: BFH) is a tech-forward financial services company providing simple, personalized...

–  Net sales of $3.64 billion with tons sold up 10.3% from fourth quarter of 2023–  Gross profit margin of 31.0%–  EPS of $5.23, non-GAAP EPS of $5.30–  Completed acquisition of Cooksey Iron & Metal Company on February 1, 2024–  Completed acquisition of American Alloy Steel, Inc. on April 1, 2024–  Completed acquisition of Mid-West Materials, Inc. on April 1, 2024 SCOTTSDALE, Ariz., April 25, 2024 (GLOBE NEWSWIRE) — Reliance, Inc. (NYSE: RS) today reported its financial results for the first quarter ended March 31, 2024.(in millions, except tons which are in thousands and per share amounts)                                                               Sequential Quarter         Year-Over-Year  Q1 2024   Q4 2023   % Change   Q1 2023   % ChangeIncome Statement Data:                        Net sales $ 3,644.8     $ 3,337.3     9.2%     $ 3,965.3     (8.1%)  Gross...

Revenue1 increased 4% to $2.3 billion for the quarter with organic growth of 5% for the quarter Diluted Earnings per Share were $1.83 for the quarter, down 3% over prior year Adjusted Diluted Earnings per Share were $3.29 for the quarter, up 16% from prior year Operating Margin was 12.0% for the quarter, down 70 basis points from prior year Adjusted Operating Margin was 20.6% for the quarter, up 200 basis points from prior yearLONDON, April 25, 2024 (GLOBE NEWSWIRE) — WTW (NASDAQ: WTW) (the “Company”), a leading global advisory, broking and solutions company, today announced financial results for the first quarter ended March 31, 2024. “We started 2024 with solid first quarter results that, together with our robust pipeline and continued progress transforming our businesses, position us well to achieve our goals for the year,”...

Common Equity Tier 1 Capital Ratio of 13.68% | Return on Average Assets of 1.36% NEW YORK, April 25, 2024 (GLOBE NEWSWIRE) — Amalgamated Financial Corp. (the “Company” or “Amalgamated”) (Nasdaq: AMAL), the holding company for Amalgamated Bank (the “Bank”), today announced financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights (on a linked quarter basis)Net income of $27.2 million, or $0.89 per diluted share, compared to $22.7 million, or $0.74 per diluted share. Core net income1 of $25.6 million, or $0.83 per diluted share, compared to $22.1 million, or $0.72 per diluted share.Deposits and LiquidityTotal deposits increased $293.8 million, or 4.2%, to $7.3 billion including an $80.0 million decline in Brokered CDs. Excluding Brokered CDs, on-balance sheet deposits increased $373.8 million,...