Month: April 2024

GAMCO Expects to Report Diluted EPS for the First Quarter 2024 of $0.61 to $0.67 Per Share

Written by Customer Service on April 1, 2024. Posted in Dividend Reports And Estimates.

GREENWICH, Conn., April 01, 2024 (GLOBE NEWSWIRE) — GAMCO Investors, Inc. (“GAMI”) (OTCQX: GAMI) announced today that assets under management were $32.4 billion at March 31, 2024 as compared to $30.7 billion at March 31, 2023. GAMI expects to report first quarter 2024 diluted earnings in the range of $0.61 to $0.67 per share versus $0.62 per share for the first quarter of 2023. GAMI will be issuing further details on its financial results in early May. About GAMCO Investors, Inc. GAMI is known for its research-driven value approach to equity investing (known as PMV with a Catalyst™). GAMI conducts its investment advisory business principally through two subsidiaries: Gabelli Funds, LLC (24 open-end funds, 14 closed-end funds, 5 actively managed semi-transparent ETFs, and a SICAV) and GAMCO Asset Management Inc. (approximately...

Atlantic American Corporation Reports Fourth Quarter and Year End Results for 2023; Declares Annual Dividend

Written by Customer Service on April 1, 2024. Posted in Earnings Releases And Operating Results.

ATLANTA, April 01, 2024 (GLOBE NEWSWIRE) — Atlantic American Corporation (Nasdaq- AAME) today reported net loss for the three month period ended December 31, 2023 of $2.2 million, or ($0.11) per diluted share, as compared to net income of $1.0 million, or $0.05 per diluted share, for the comparable period in 2022. For the year ended December 31, 2023, the Company reported net loss of $0.2 million, or ($0.03) per diluted share, as compared to net income of $1.5 million, or $0.06 per diluted share, for the year ended December 31, 2022. The decrease in net income for the fourth quarter of 2023 was primarily due to an increase in insurance benefits and losses incurred partially offset by an increase in unrealized gains in equity securities. The decrease in net income for the year ended December 31, 2023 was primarily due to a decrease...

HCW Biologics Reports Fourth Quarter 2023 and Fiscal Year End Financial Results And Business Highlights

Written by Customer Service on April 1, 2024. Posted in Earnings Releases And Operating Results.

MIRAMAR, Fla., April 01, 2024 (GLOBE NEWSWIRE) — HCW Biologics Inc. (the “Company” or “HCW Biologics”) (NASDAQ: HCWB), a clinical-stage biopharmaceutical company focused on discovering and developing novel immunotherapies to lengthen healthspan by disrupting the link between inflammation and age-related diseases, today reported financial results and recent business highlights for its fourth quarter and fiscal year ended December 31, 2023. Dr. Hing C. Wong, Founder and CEO of HCW Biologics, stated, “These are exciting times at HCW Biologics. We achieved two major clinical milestones, with the completion of the Phase 1 clinical study to evaluate HCW9218 in solid tumors and the Phase 1b study to evaluate HCW9218 in pancreatic cancer. While it is still quite early in the clinical development process and we have only seen data when...

Motorsport Games Reports Fourth Quarter & Full Year 2023 Financial Results

Written by Customer Service on April 1, 2024. Posted in Earnings Releases And Operating Results.

Motorsport Games Reports Fourth Quarter & Full Year 2023 Financial ResultsMotorsport Games Reports Fourth Quarter & Full Year 2023 Financial ResultsMIAMI, April 01, 2024 (GLOBE NEWSWIRE) — Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”) today reported financial results for its fourth quarter and fiscal year ended December 31, 2023. The Company has also posted the fourth quarter and fiscal year-end 2023 earnings slides highlighting key milestones that occurred in the period, which are accessible on the Company’s investor relations website. “2023 was a year of repositioning. Reducing costs, headcount and projects allowed us to focus on what we know best, making innovative games. Having determined the correct direction for the company, we put our energy into Le Mans Ultimate, an innovative...

Shenandoah Telecommunications Company Completes Acquisition of Horizon Telcom

Written by Customer Service on April 1, 2024. Posted in Mergers And Acquisitions.

EDINBURG, Va., April 01, 2024 (GLOBE NEWSWIRE) — Shenandoah Telecommunications Company (“Shentel” or the “Company”) (Nasdaq: SHEN) announced today the completion of its acquisition of Horizon Acquisition Parent LLC (“Horizon” or “Horizon Telcom”). Horizon is a leading commercial fiber provider in Ohio and adjacent states serving national wireless providers, carriers, enterprises, and government, education and healthcare customers. Horizon’s unique fiber network is the largest and most dense network across its footprint, and the combined company will have approximately 15,4001 fiber route miles across seven adjacent states. Shentel plans to re-brand the Horizon commercial and residential fiber businesses to Glo Fiber. “We are excited to expand into Ohio and Indiana, roughly doubling the size of our commercial fiber business, adding...

TFI International Completes Previously Announced Daseke Acquisition for US $8.30 in Cash per Common Share and Closes on US $500 Million Term Loan

Written by Customer Service on April 1, 2024. Posted in Mergers And Acquisitions.

MONTREAL, April 01, 2024 (GLOBE NEWSWIRE) — TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced that it has closed on the previously announced acquisition of Daseke, Inc. (NASDAQ: DSKE), one of the leading flatbed and specialized transportation and logistics companies in North America, for US $8.30 in cash per common share. The total enterprise value of the transaction is approximately US $1.1 billion, including the merger consideration for the common stock, redemption of Daseke’s Series B preferred stock, payoff or assumption of Daseke’s Series A preferred stock and outstanding debt, net of cash, and estimated transaction fees and expenses. In addition, on March 22, 2024, TFI International closed on a US $500 million term loan in an overcommitted transaction...

Vaso Corporation Announces Financial Results for Fourth Quarter and Full Year of 2023

Written by Customer Service on April 1, 2024. Posted in Earnings Releases And Operating Results.

The Company Reports Another Record in Annual Revenue PLAINVIEW, N.Y., April 01, 2024 (GLOBE NEWSWIRE) — Vaso Corporation (“Vaso”) (OTCQX: VASO) today announced its operating results for the three months and year ended December 31, 2023. “The Company continued the growth trend in fiscal year 2023 and reached another record annual revenue of $81.0 million, an increase of 2.2% year-over-year. We are particularly pleased to see all three of our businesses attaining higher revenue over the prior year,” commented Dr. Jun Ma, President and Chief Executive Officer of Vaso Corporation. “Net income for the year was $4.8 million, despite additional significant investments during the year on a new program in the professional sales service segment, on product development efforts in the equipment segment, and on corporate undertakings such as...

BurgerFi Reports Preliminary Unaudited Fourth Quarter and Fiscal Year 2023 Results

Written by Customer Service on April 1, 2024. Posted in Earnings Releases And Operating Results.

Conference Call today, April 1, at 4:30 p.m. ET FORT LAUDERDALE, Fla., April 01, 2024 (GLOBE NEWSWIRE) — BurgerFi International, Inc. (Nasdaq: BFI, BFIIW) (“BurgerFi” or the “Company”), owner BurgerFi, one of the nation’s leading fast-casual “better burger” dining brands, and Anthony’s Coal Fired Pizza & Wings (“Anthony’s”), the high-quality, casual dining pizza brand, today reported preliminary unaudited financial results for the fourth quarter and fiscal year ended January 1, 2024. Highlights for the Fourth Quarter 20231Total revenue was $41.5 million in the fourth quarter 2023 compared to $45.2 million in the fourth quarter 2022Consolidated systemwide sales decreased to $65.0 million compared to $71.6 million in the prior period Corporate-owned restaurant same-store sales decreased 3% at Anthony’s compared to the prior...

Snail, Inc. Reports Fourth Quarter & Full Year 2023 Financial Results

Written by Customer Service on April 1, 2024. Posted in Earnings Releases And Operating Results.

CULVER CITY, Calif., April 01, 2024 (GLOBE NEWSWIRE) — Snail, Inc. (NASDAQ: SNAL) (“Snail” or “the Company”), a leading, global independent developer and publisher of interactive digital entertainment, today announced financial results for its fourth quarter and full year ended December 31, 2023. Jim Tsai, Chief Executive Officer commented, “This past year has been filled with exciting milestones for Snail. We launched ARK: Survival Ascended, which sold more than 600,000 units within the first two weeks and surpassed 1.5 million units in sales to date. We are pleased to see the continued engagement in the ARK series and plan to build on this momentum in 2024.” Fourth Quarter & Full Year 2023 HighlightsARK: Survival Ascended. On October 25, 2023, the Company launched its flagship remake of the ARK franchise leveraging Unreal...

VirTra Reports Fourth Quarter and Full Year 2023 Financial Results

Written by Customer Service on April 1, 2024. Posted in Earnings Releases And Operating Results.

Annual Revenue Grows to a Record $38.0 Million, Marking a 34% Increase Net Income Increases to $8.4 Million in 2023 CHANDLER, Ariz., April 01, 2024 (GLOBE NEWSWIRE) — VirTra, Inc. (Nasdaq: VTSI) (“VirTra”), a global provider of judgmental use of force training simulators, firearms training simulators for the law enforcement and military markets, reported results for the fourth quarter and full year ended December 31, 2023. The financial statements are available on VirTra’s website and here. Fourth Quarter 2023 Financial Summary:Total revenue increased 17% year-over-year to $10.1 million Gross profit increased 58% year-over-year to $8.4 million, or 83% of total revenue Net income increased by $1.4 million year-over-year to $2.8 million Adjusted EBITDA totaled $1.7 million Cash and cash equivalents of $18.9 million at December...

Month: April 2024

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