Day: April 29, 2024

Raises Full-Year Guidance FORT COLLINS, Colo., April 29, 2024 (GLOBE NEWSWIRE) — Woodward, Inc. (NASDAQ:WWD) today reported financial results for its second quarter of fiscal year 2024. All amounts are presented on an as reported (U.S. GAAP) basis unless otherwise indicated. All per share amounts are presented on a fully diluted basis. All comparisons are made to the same period of the prior year unless otherwise stated. Second Quarter OverviewNet sales were $835 million, compared to $718 million, an increase of 16 percent. Net earnings were $98 million, or $1.56 per share, compared to net earnings of $36 million, or $0.58 per share. Adjusted net earnings1 were $101 million, or $1.62 per share, compared to adjusted net earnings of $62 million, or $1.01 per share. Net cash provided by operating activities was $144 million for...

SAN RAFAEL, Calif., April 29, 2024 (GLOBE NEWSWIRE) — Ekso Bionics Holdings, Inc. (Nasdaq: EKSO) (the “Company” or “Ekso Bionics”), an industry leader in exoskeleton technology for medical and industrial use, today reported financial results for the three months ended March 31, 2024. Recent Highlights and AccomplishmentsReceived final payment determination for Medicare reimbursement from the Centers for Medicare & Medicaid Services (“CMS”) for Ekso Indego Personal Reported revenues of $3.8 million for the first quarter of 2024 Achieved gross margin of 52% for the quarter ended March 31, 2024 Sold a total of 29 EksoHealth units in the first quarter of 2024“We started 2024 by making meaningful progress on our long-term business objectives highlighted by CMS’ final payment determination of our Ekso Indego Personal for Medicare...

Conference call will be held today, Monday, April 29 at 4:30pm ET NEW YORK, April 29, 2024 (GLOBE NEWSWIRE) — Lucas GC Limited (NASDAQ: LGCL) (“Lucas” or the “Company”), an artificial intelligence (the “AI”) technology-driven Platform-as-a-Service (the “PaaS”) company currently focusing on offering human capital management services, today announced its financial results for fiscal year of 2023. Full Year 2023 Financial HighlightsRevenues of RMB1,474 million (US$208 million), representing a 92.3% increase versus 2022. Gross margin of 28.4%, representing a 32bps increase versus 2022. Net income of RMB78 million (US$11 million), representing a 115% increase versus 2022.Recent Operational HighlightsActive registered users increased by 48% to 638,020 in 2023 as compared to 2022. Grew corporate customers to 582 in 2023, versus...

MONACO, April 29, 2024 (GLOBE NEWSWIRE) — Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three month periods ended March 31, 2024. The Board of Directors of the Company also declared a cash dividend of $0.05 per share of outstanding common stock.Financial highlights        In million U.S. Dollars except per share data Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023Net revenues 81.7 82.3 64.7 70.6       66.8Net income       25.3 27.6 15.0 15.4       19.3Adjusted Net income1       24.2 29.5 11.1 15.3       14.2EBITDA2       47.9 48.8 34.8 34.4       38.2Adjusted EBITDA 2       46.8 50.7 30.9 34.3       33.1Earnings per share basic and diluted3       0.21 0.23 0.12 0.12       0.15Adjusted...

Reported first quarter 2024 revenue from continuing operations1 of $61.5M with 96% year-over-year growth of exome and genome test revenue Expanded first quarter 2024 adjusted gross margins2 from continuing operations to 61% Narrowed first quarter 2024 adjusted net loss2 to $8.5M and delivered 71% year-over-year cash burn reduction Raised guidance to deliver between $235M and $245M in FY 2024 revenue and reiterate path to profitability in 2025 GeneDx to host conference call today at 4:30 p.m. ET STAMFORD, Conn., April 29, 2024 (GLOBE NEWSWIRE) — GeneDx Holdings Corp. (Nasdaq: WGS), a leader in delivering improved health outcomes through genomic insights, today reported its financial results for the first quarter of 2024. “Our strong first quarter results reflect our continued dedication to our three key organizational focuses:...

Strategic Growth and Prudent Expense Management Shape Bank Performance Despite Economic Challenges OSWEGO, N.Y., April 29, 2024 (GLOBE NEWSWIRE) — Pathfinder Bancorp, Inc. (“Company”) (NASDAQ: PBHC), the holding company for Pathfinder Bank (“Bank”), announced first quarter 2024 net income available to common shareholders of $2.1 million, or $0.34 per basic and diluted share, compared to $2.6 million, or $0.43 per basic and diluted share, for the first quarter of 2023. The Company’s total revenue, which is comprised of net interest income, before provision for credit losses, and total noninterest income, for the first quarter of 2024 was $11.1 million, a decrease of $423,000, or 3.7%, when compared to the same quarter in 2023. Performance Highlights for Three Months Ended March 31, 2024: The Bank’s Board of Directors...

Third Quarter Net Revenue of $41.2 Million, up 11 Percent Sequentially and up 25 Percent Year-Over-Year Third Quarter GAAP EPS of ($0.01) vs. ($0.08) in the Prior Year Third Quarter Non-GAAP EPS of $0.11 vs. $0.06 in the Prior YearIRVINE, Calif., April 29, 2024 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global provider of compute and connectivity IoT solutions, today reported results for its third quarter of fiscal 2024. Net revenue totaled $41.2 million, up 11 percent sequentially and up 25 percent year-over-year. GAAP EPS of ($0.01), compared to ($0.08) in the prior year and ($0.07) in the prior quarter. Non-GAAP EPS of $0.11, compared to $0.06 in the prior year and $0.08 in the prior quarter. Business Outlook For the fourth fiscal quarter of 2024, the company expects revenue in a range of $46.5 million to $51.5...

TAMPA, Fla., April 29, 2024 (GLOBE NEWSWIRE) — Kforce Inc. (Nasdaq: KFRC), a solutions firm that specializes in technology and other professional staffing services, today announced results for the first quarter of 2024. Joseph J. Liberatore, President and Chief Executive Officer, said, “Our first quarter performance was generally consistent with our expectations, and we were encouraged by March trends in our Technology business. Operating trends over the past two quarters and discussions with our clients indicate to us that the current operating environment is more stable and constructive than it was throughout most of 2023. As we look beyond the current uncertainties, we continue to be encouraged by the backlog of strategically imperative investments that we expect to be high priorities for our clients once the macro uncertainties...

All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta, April 29, 2024 (GLOBE NEWSWIRE) — Gibson Energy Inc. (TSX:GEI) (“Gibson” or the “Company”) announced today its financial and operating results for the three months ended March 31, 2024. “We are pleased to announce a strong start to the year, driven by stable, high-quality cash flows from our Infrastructure segment, which includes both our Canadian assets and our now fully integrated Gateway Terminal, which achieved record volumes in March,” said Steve Spaulding, President and Chief Executive Officer. “These positive financial results further enhance our conservative financial profile, with our payout and leverage ratios at or below our target ranges. As we look forward, we are focused on execution, including...

– Q4 Revenue up 9% YoY to a Record $25.5 Million – 9th Consecutive Quarter of Positive Cash Flow from Operations TAMPA, Fla., April 29, 2024 (GLOBE NEWSWIRE) — Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) (“Cansortium” or the “Company”), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, today announced financial and operating results for the fourth quarter and full year ended December 31, 2023. Unless otherwise indicated, all financial results are presented in U.S. dollars. “We delivered record revenue and positive cash flow generation during the fourth quarter as we continued to execute on our growth objectives,” said CEO Robert Beasley. “We are making the critical investments needed to lay the foundation for growth and support our future plans and remain excited about the opportunities...