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Day: April 29, 2024

Streamline Health® Reports Fiscal Fourth Quarter and Full Year 2023 Financial Results

14% growth of SaaS revenue in fiscal 2023 compared to fiscal 2022 $0.4 million of adjusted EBITDA generated in the fourth quarter of fiscal 2023 compared to ($0.2 million) during the fourth quarter of fiscal 2022; $2.4 million of adjusted EBITDA improvement in fiscal 2023 vs. fiscal 2022 ($1.4 million) net loss during the fourth quarter of fiscal 2023, compared to ($2.2 million) during the fourth quarter of fiscal 2022 $15.0 million of Booked SaaS ACV as of January 31, 2024; $15.6 million of Booked SaaS ACV as of April 29, 2024, above adjusted EBITDA breakeven run rate of $15.5 million of implemented SaaS ARRAtlanta, GA, April 29, 2024 (GLOBE NEWSWIRE) — Streamline Health Solutions, Inc. (“Streamline” or the “Company”) (Nasdaq: STRM), a leading provider of solutions that enable healthcare providers to proactively address revenue...

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Wabash Recognized with Two Plant Safety Awards at Mexico and Kentucky Operations

Continuing a 20-year journey of achieving safety excellence LAFAYETTE, Ind., April 29, 2024 (GLOBE NEWSWIRE) — Wabash (NYSE: WNC), the visionary leader of connected solutions for the transportation, logistics and distribution industries, today announced it has earned two 2023 Plant Safety Awards from the Truck Trailer Manufacturers Association (TTMA) for its manufacturing operations in San José Iturbide, Mexico, and Cadiz, Kentucky. “At Wabash, safety is core to how we show up to work every day. Our teams are constantly seeking innovative ways to engineer safety into our products and designing operating environments that put people first,” said Vice President, Global Operations Donald Winston. “This recognition is a testament to the dedication to operational excellence demonstrated by our employees across Wabash. On behalf of the...

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SFL – 2024 AGM Results Notification

SFL Corporation Ltd. (NYSE: SFL) (“SFL” or the “Company”) advises that the 2024 Annual General Meeting of the Company was held on April 29, 2024, at 9:45 hours at Hamilton Princess and Beach Club, 76 Pitts Bay Road, Hamilton HMCX, Bermuda. The audited consolidated financial statements for the Company for the year ended December 31, 2023, were presented to the Meeting. In addition, the following resolutions were passed: 1.        To set the maximum number of Directors to be not more than eight. 2.        To resolve that vacancies in the number of Directors be designated as casual vacancies and that the Board of Directors be authorised to fill such vacancies as and when it deems fit. 3.        To re-elect Kathrine Fredriksen as a Director of the Company. 4.        To re-elect Gary Vogel as a Director of the Company. 5.        To re-elect...

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Arhaus Reschedules Release of First Quarter 2024 Financial Results and Conference Call

BOSTON HEIGHTS, Ohio, April 29, 2024 (GLOBE NEWSWIRE) — Arhaus, Inc. (NASDAQ: ARHS; “Arhaus” or the “Company”), a rapidly growing lifestyle brand and omni-channel retailer of premium artisan-crafted home furnishings, announced that it is rescheduling its first quarter 2024 earnings press release and investor conference call previously scheduled for Thursday, May 2, 2024. The Company now plans to release its first quarter 2024 financial results before market open on May 9, 2024. The Company will host a conference call at 8:30 a.m. Eastern Time the same day to review its financial and operational results and answer questions from the investment community. Investors will be able to access the press release and conference call webcast on the Company’s website, http://ir.arhaus.com. Details for the conference call follow:Date:        Thursday,...

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Ready Capital Corporation Announces First Quarter 2024 Results and Webcast Call

NEW YORK, April 29, 2024 (GLOBE NEWSWIRE) — Ready Capital Corporation (NYSE: RC) (the “Company”) today announced that the Company will release its first quarter 2024 financial results after the New York Stock Exchange closes on Wednesday, May 8, 2024. Management will host a webcast and conference call on Thursday, May 9, 2024 at 8:30 a.m. Eastern Time to provide a general business update and discuss the financial results for the quarter ended March 31, 2024.  Webcast:The Company encourages use of the webcast due to potential extended wait times to access the conference call via dial-in. The webcast of the conference call will be available in the Investor Relations section of the Company’s website at www.readycapital.com. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order...

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FinWise Bancorp Reports First Quarter 2024 Results

– Net Income of $3.3 Million for First Quarter of 2024 – – Diluted Earnings Per Share of $0.25 for First Quarter of 2024 – MURRAY, Utah, April 29, 2024 (GLOBE NEWSWIRE) — FinWise Bancorp (NASDAQ: FINW) (“FinWise” or the “Company”), parent company of FinWise Bank (the “Bank”), today announced results for the quarter ended March 31, 2024. First Quarter 2024 HighlightsLoan originations were $1.1 billion, compared to $1.2 billion for the quarter ended December 31, 2023, and $0.9 billion for the first quarter of the prior year Net interest income was $14.0 million, compared to $14.4 million for the quarter ended December 31, 2023, and $12.1 million for the first quarter of the prior year Net Income was $3.3 million, compared to $4.2 million for the quarter ended December 31, 2023, and $3.9 million for the first...

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Apollo Commercial Real Estate Finance, Inc. Reports First Quarter 2024 Results

NEW YORK, April 29, 2024 (GLOBE NEWSWIRE) — Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE:ARI) today reported results for the quarter ended March 31, 2024. Net loss attributable to common stockholders per diluted share of common stock was ($0.76) for the quarter ended March 31, 2024. Distributable Earnings (a non-GAAP financial measure defined below) per share of common stock was $0.35 for the quarter ended March 31, 2024. Commenting on this quarter’s results, Stuart Rothstein, Chief Executive Officer and President of the Company said: “ARI recorded an incremental CECL allowance in the first quarter of 2024 of approximately $142 million on a mezzanine loan secured by an ultra-luxury condominium development in New York City due to a reduction in sales price and delayed timing on the remaining units,...

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NXP Semiconductors Reports First Quarter 2024 Results

EINDHOVEN, The Netherlands, April 29, 2024 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ: NXPI) today reported financial results for the first quarter, which ended March 31, 2024. “NXP delivered quarterly revenue of $3.13 billion, in-line with the midpoint of guidance with all our focus end-markets performing as expected. Our first-quarter results, guidance for the second quarter, and our early views into the second half of the year underpin a cautious optimism that NXP is successfully navigating through this industry-wide cyclical downturn. We continue to manage what is in our control enabling NXP to drive solid profitability and earnings in a challenging demand environment,” said Kurt Sievers, NXP President and Chief Executive Officer. Key Highlights for the First Quarter 2024:Revenue was $3.13 billion, up 0.2 percent...

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OpGen Provides Update on Business Operations and Strategic Opportunities

ROCKVILLE, Md., April 29, 2024 (GLOBE NEWSWIRE) — OpGen, Inc. (Nasdaq: OPGN, “OpGen” or “the Company”) announced today that it entered into an agreement to sell its commercial customer contracts and installed base of Unyvero systems to Camtech Pte Ltd (“Camtech”), a Singaporean family office for $218,000. The transaction follows Camtech’s prior acquisition of all of Curetis GmhH’s (“Curetis”), the Company’s subsidiary, Unyvero assets, rights and businesses, as part of Curetis’ insolvency proceedings. In addition, the Company’s subsidiary, Ares Genetics GmbH, sold all of its assets, including the ARESdb database and intellectual property portfolio to bioMerieux S.A., as part of Ares Genetics’ insolvency proceedings. Since the sales of both Curetis and Ares Genetics’ assets occurred as part of their insolvency proceedings, OpGen...

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The Simply Good Foods Company to Acquire Only What You Need (OWYN)

Adds a fast-growing, on trend, ready-to-drink protein shake brand to Simply Good Foods’ portfolio A scalable, growth-oriented complementary brand with a large and growing addressable market OWYN is the leading plant-based, allergen-free RTD protein shake in the marketplace Management will host a conference call and webcast today at 5:00 p.m. ETDENVER and NEW YORK, April 29, 2024 (GLOBE NEWSWIRE) — The Simply Good Foods Company (Nasdaq: SMPL) (“Simply Good Foods,” or the “Company”), a developer, marketer and seller of branded nutritional foods and snacking products, and Only What You Need (“OWYN”), a leading plant-based ready-to-drink (“RTD”) protein shake brand, today announced that the companies have entered into a definitive agreement under which Simply Good Foods will acquire OWYN for $280 million in cash. Only What You Need...

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