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Day: April 25, 2024

Hub Group, Inc. Reports First Quarter 2024 Results

Highlights:        Diluted earnings per share (EPS) of $0.44 for the quarter First quarter revenue of $1.0 billion GAAP Quarterly operating income of $37 million (3.7% of revenue) Executing on Capital Allocation Plan including completing our stock split, purchasing $26 million of shares during the quarter and paying the company’s first quarterly cash dividend of $0.125 per common share Ended the quarter with cash and cash equivalents of $195 million Integration of Final Mile acquisition is ahead of our expectations and contributed $64 million to revenue in the first quarter Recognized by The Home Depot® as the 2023 Intermodal Carrier of the Year, Online Big & Bulky Carrier of the Year, and the Dedicated Van Carrier of the Year. Named Outstanding Partnership of the Year by Target®.OAK BROOK, Ill., April 25, 2024 (GLOBE NEWSWIRE)...

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Financial Institutions, Inc. Announces First Quarter 2024 Results

WARSAW, N.Y., April 25, 2024 (GLOBE NEWSWIRE) — Financial Institutions, Inc. (NASDAQ: FISI) (the “Company,” “we” or “us”), parent company of Five Star Bank (the “Bank”) and Courier Capital, LLC (“Courier Capital”), today reported financial and operational results for the first quarter ended March 31, 2024. Net income was $2.1 million in the first quarter of 2024, compared to $9.8 million in the fourth quarter of 2023 and $12.1 million in the first quarter of 2023. After preferred dividends, net income available to common shareholders was $1.7 million, or $0.11 per diluted share, in the first quarter of 2024, compared to $9.4 million, or $0.61 per diluted share, in the fourth quarter of 2023, and $11.7 million, or $0.76 per diluted share, in the first quarter of 2023. First...

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Nokia Corporation: Repurchase of own shares on 25.04.2024

Nokia CorporationStock Exchange Release25 April 2024 at 22:30 EEST Nokia Corporation: Repurchase of own shares on 25.04.2024 Espoo, Finland – On 25 April 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*XHEL 413,247 3.38CEUX – –BATE – –AQEU – –TQEX – –Total 413,247 3.38* Rounded to two decimals On 25 January 2024, Nokia announced that its Board of Directors is initiating a share buyback program to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation...

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Ibotta Announces Full Exercise of Underwriters’ Option to Purchase Additional Shares in Initial Public Offering

DENVER, April 25, 2024 (GLOBE NEWSWIRE) — Ibotta, Inc. (NYSE: IBTA), a leading technology company providing digital promotions and performance marketing solutions, announced today that in connection with its previously announced initial public offering of 6,560,700 shares of its Class A common stock, 2,500,000 of which were sold by Ibotta and 4,060,700 of which were sold by certain selling stockholders, the underwriters have exercised in full their option to purchase from the selling stockholders an additional 984,105 shares of Class A common stock at the initial public offering price of $88.00 per share, less underwriting discounts and commissions. Ibotta did not receive any proceeds from the sale of the shares by the selling stockholders. The offering closed on April 25, 2024. Goldman Sachs & Co. LLC, Citigroup and BofA...

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BayFirst Financial Corp. Reports First Quarter 2024 Results; Highlighted by Strong Loan and Deposit Growth with Higher Provision for Credit Losses

ST. PETERSBURG, Fla., April 25, 2024 (GLOBE NEWSWIRE) — BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today reported net income of $0.8 million, or $0.11 per diluted common share, for the first quarter of 2024, compared to $1.7 million, or $0.32 per diluted common share, in the fourth quarter of 2023. Net income decreased due to two primary factors: higher provision for credit losses of $1.4 million, coupled with weaker Core SBA 7(a) loan production ($350 thousand to $5 million loan size) attributed to the continued higher interest rate environment negatively impacting loan demand. “BayFirst opened its twelfth banking office in the attractive Tampa Bay market during the first quarter. The South Sarasota location completes our near-term branch expansion...

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Kadant to Hold Earnings Conference Call on Wednesday, May 1, 2024

WESTFORD, Mass., April 25, 2024 (GLOBE NEWSWIRE) — Kadant Inc. (NYSE: KAI) announced it will release its 2024 first quarter results after the market closes on Tuesday, April 30, 2024 and will hold a webcast the next day, Wednesday, May 1, 2024 at 11:00 a.m. eastern time. During the call the Company will discuss its first quarter financial performance and future expectations. To listen to the live call and view the webcast, go to the “Investors” section of the Company’s website at www.kadant.com. Participants interested in joining the call’s live question and answer session are required to register by clicking here or selecting the Q&A link on our website to receive a dial-in number and unique PIN. It is recommended that you join the call 10 minutes prior to the start of the event. A replay of the webcast will be available...

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Park Aerospace Corp. Announces 40th Anniversary of Original Listing on New York Stock Exchange

NEWTON, Kan., April 25, 2024 (GLOBE NEWSWIRE) — Park Aerospace Corp. (NYSE-PKE) announced the 40th anniversary of the original listing of its Common Stock for trading on the New York Stock Exchange. Park’s shares began trading on the New York Stock Exchange under the ticker symbol PKE on April 25, 1984. 3,300 shares of Park’s Common Stock were traded on that day. Park first “went public” on November 17, 1960 trading on the American Stock Exchange. Brian Shore, Park’s Chairman and CEO, said, “It has been an honor and privilege for Park to trade on the New York Stock Exchange, the world’s preeminent securities exchange, for the last 40 years. I would like to take this opportunity, on behalf of the whole Park Family, to thank the New York Stock Exchange for its support and wonderful friendship over the years. Thank you, New York Stock...

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Blink Charging to Host First Quarter 2024 Conference Call on Thursday, May 9, 2024

Bowie, Md., April 25, 2024 (GLOBE NEWSWIRE) — Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services, will announce its first quarter results on Thursday, May 9, 2024, following the close of the financial markets. The Company will host a conference call and webcast that day at 4:30 p.m. Eastern Time to discuss the Company’s results for the first quarter ended March 31, 2024. To access the live webcast, log onto the Blink Charging website at https://blinkcharging.com/, and click on the News/Events section of the Investor Relations page. Investors may also access the webcast via the following link: https://www.webcaster4.com/Webcast/Page/2468/50520 To participate in the call by phone, dial (888) 506-0062 approximately...

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LEADING EDGE MATERIALS ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

LEADING EDGE MATERIALS ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING OF SHAREHOLDERS Vancouver, April 25, 2024 – Leading Edge Materials Corp. (“Leading Edge Materials” or the “Company”) (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) (FRA: 7FL) announces the results of the Company’s Annual General Meeting of Shareholders held on April 25, 2024 (the “Meeting”). A total of 84,326,601 common shares were represented in person or by proxy at the Meeting, representing 44.16% of the votes attached to all outstanding common shares of the Company as at the record date. All the matters submitted to the shareholders, as set out in the Notice of Meeting and Information Circular dated March 19, 2024, were voted in favour, including: (a) fixing the size of the Board of the Company to three; (b) the approval of the stock options plan, pursuant to...

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Golar LNG Limited – Q1 2024 results presentation

Golar LNG’s 1st Quarter 2024 results will be released before the NASDAQ opens on Tuesday, May 28, 2024. In connection with this a webcast presentation will be held at 1:00 P.M (London Time) on Tuesday May 28, 2024. The presentation will be available to download from the Investor Relations section at www.golarlng.com We recommend that participants join the conference call via the listen-only live webcast link provided. Sell-side analysts interested in raising a question during the Q&A session that will immediately follow the presentation should access the event via the conference call by clicking on this link. We recommend connecting 10 minutes prior to the call start. Information on how to ask questions will be given at the beginning of the Q&A session. There will be a limit of two questions per participant. a. Listen-only...

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