Month: April 2024

Tenaris Announces 2024 First Quarter Results

Written by Customer Service on April 25, 2024. Posted in Earnings Releases And Operating Results.

The financial and operational information contained in this press release is based on unaudited consolidated condensed interim financial statements presented in U.S. dollars and prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standard Board and adopted by the European Union, or IFRS. Additionally, this press release includes non-IFRS alternative performance measures i.e., EBITDA, Net cash / debt, Free Cash Flow and Operating working capital days. See exhibit I for more details on these alternative performance measures. LUXEMBOURG, April 25, 2024 (GLOBE NEWSWIRE) — Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) today announced its results for the quarter ended March 31, 2024 in comparison with its results for the quarter ended March 31, 2023. Summary...

Pinnacle Bankshares Corporation Announces First Quarter 2024 Earnings

Written by Customer Service on April 25, 2024. Posted in Public Companies.

ALTAVISTA, Va., April 25, 2024 (GLOBE NEWSWIRE) — Net income for Pinnacle Bankshares Corporation (OTCQX:PPBN), the one-bank holding company (“Pinnacle” or the “Company”) for First National Bank (the “Bank”), was $2,084,000, or $0.95 per basic and diluted share, for the quarter ended March 31, 2024 compared to net income of $2,639,000, or $1.21 per basic and diluted share, for the same period of 2023. Quarterly consolidated results are unaudited. First Quarter 2024 Highlights Income Statement comparisons are to the first quarter of 2023 Balance Sheet, Capital Ratios, and Stock Price comparisons are to December 31, 2023 Income StatementNet Income was $2,084,000 and Return on Assets was 0.84%. Net Interest Income increased 1% due primarily to increased loan volume and yields. Net Interest Margin decreased slightly to 3.56%. As...

Martinrea International Inc. to Announce First Quarter Results on May 2, 2024

Written by Customer Service on April 25, 2024. Posted in Public Companies.

TORONTO, April 25, 2024 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE) today announced it will report its financial results for the first quarter ended March 31, 2024 on Thursday, May 2, 2024 after the markets close, and will hold a conference call to discuss the results the same day at 5:30 p.m. Eastern Time. To participate, please dial 416-641-6104 (Toronto area) or 800-952-5114 (toll free Canada and US) and enter participant code 1012992#. Please call 10 minutes prior to the start of the conference call. The conference call will also be webcast live in listen‐only mode and archived for twelve months. The webcast and accompanying presentation can be accessed at: https://www.martinrea.com/investor-relations/events-presentations/ There will also be a rebroadcast of the call available by dialing 905-694-9451 or toll...

Minerals Technologies Reports Record First Quarter 2024 Earnings Per Share of $1.44, or $1.49 Excluding Special Items

Written by Customer Service on April 25, 2024. Posted in Public Companies.

First Quarter 2024 Highlights:Record Operating Income of $75 Million, or $77 Million Excluding Special Items, a 23% Increase over Prior Year Strong Operating Margin of 14.1%, or 14.5% Excluding Special Items, a 290 bps Increase over Prior Year Record First Quarter Cash Flow from Operations of $56 MillionNEW YORK, April 25, 2024 (GLOBE NEWSWIRE) — Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) today reported diluted earnings per share of $1.49 for the first quarter ended March 31, 2024, excluding special items. Reported diluted earnings per share were $1.44. Worldwide net sales were $535 million, 2 percent higher sequentially and up slightly versus prior year on an underlying basis, excluding the deconsolidation of Barretts Minerals Inc. Underlying growth in the Consumer & Specialties segment offset lower...

Methanex Reports on Annual General Meeting of Shareholders and Welcomes Roger Perreault to Its Board of Directors

Written by Customer Service on April 25, 2024. Posted in Public Companies.

VANCOUVER, British Columbia, April 25, 2024 (GLOBE NEWSWIRE) — Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual General Meeting held on April 25, 2024 in Vancouver, British Columbia. Voting Results from Annual General Meeting A total of 57,127,836 common shares were voted at the meeting, representing 84.78% of all outstanding shares. Shareholders voted in favour of all items of business before the meeting, including the election of all director nominees as follows:Director Votes For % of Votes For Votes Against % of Votes AgainstDoug Arnell 55,781,221 99.66 188,614 0.34Jim Bertram 55,600,779 99.34 369,066 0.66Paul Dobson 55,918,033 99.91 51,801 0.09Maureen Howe 55,671,080 99.47 298,754 0.53Robert Kostelnik 55,401,228 98.98 568,607 1.02Leslie...

Parker Increases Quarterly Cash Dividend 10% to $1.63 per Share

Written by Customer Service on April 25, 2024. Posted in Dividend Reports And Estimates.

CLEVELAND, April 25, 2024 (GLOBE NEWSWIRE) — Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that its Board of Directors has declared a quarterly cash dividend of $1.63 per share of common stock to shareholders of record as of May 10, 2024. The dividend is payable June 7, 2024. The dividend represents a 10% increase over the previous quarterly cash dividend of $1.48 per common share and will be the 296th consecutive quarterly dividend paid by the company. “Consistently increasing our annual dividend, a record that now stands at 68 consecutive fiscal years, remains an important priority,” said Jenny Parmentier, Chairman and Chief Executive Officer. “Our strong cash flow generation along with strategic capital deployment continues to create many opportunities for us to...

RBAZ Bancorp, Inc. Announces Unaudited Financial Results For the Quarter Ending March 31, 2024

Written by Customer Service on April 25, 2024. Posted in Earnings Releases And Operating Results.

RBAZ Starts 2024 Strong; Earnings up 54% Over Prior Year Quarter PHOENIX, April 25, 2024 (GLOBE NEWSWIRE) — RBAZ Bancorp, Inc. (OTCIQ: RBAZ) (the “Company”), parent company of Republic Bank of Arizona (the “Bank” or “RBAZ”), announced a consolidated net income of $713,000, or $0.40 per share, for the quarter ended March 31, 2024 as compared to a consolidated net income of $462,000, or $0.26 per share, for the quarter ended March 31, 2023. President and CEO Brian Ruisinger stated “I am pleased with our strong Q1 earnings performance reflecting an increase over 50% from a year ago primarily due to increased net interest income. We were able to increase pricing on our earning assets while cost of funds stabilized as a result of the recent pauses by the Federal Reserve. Our liquidity position also strengthened during the quarter; a...

Codorus Valley Bancorp, Inc. Reports First Quarter 2024 Results

Written by Customer Service on April 25, 2024. Posted in Earnings Releases And Operating Results.

First quarter net income of $4.3 million compared to net income of $7.0 million in the quarter ended March 31, 2023, and $5.5 million in the quarter ended December 31, 2023;Net interest margin of 3.34% for the quarter ended March 31, 2024, a 66-basis point decrease from the net interest margin of 4.00% for the quarter ended March 31, 2023;Tier 1 leverage capital ratio of 10.80% for the quarter ending March 31, 2024, a 60-basis point increase from the tier 1 leverage capital ratio of 10.20% for the quarter ending March 31, 2023;Year-to-date efficiency ratio of 73.91%; return on average assets of 0.77%; and return on equity of 8.48%;Cash dividend of $0.17 per common share payable on May 14, 2024, to common stock holders of record on May 7, 2024.On December 12, 2023, Codorus Valley Bancorp, Inc. (NASDAQ: CVLY) and Orrstown Financial...

BUSINESS FIRST Bancshares, INC. to acquire OAKWOOD BANCSHARES, INC. AND OAKWOOD BANK

Written by Customer Service on April 25, 2024. Posted in Mergers And Acquisitions.

b1BANK to Accelerate the Growth of its Dallas Market Presence BATON ROUGE, La., April 25, 2024 (GLOBE NEWSWIRE) — Business First Bancshares, Inc. (NASDAQ: BFST) (“Business First” or the “Company”), the holding company for b1BANK, today announced that it entered into a definitive agreement to acquire Oakwood Bancshares, Inc. and its wholly-owned bank subsidiary, Oakwood Bank (together, Oakwood), in an all-stock transaction for total consideration value of approximately $85.7 million based on the Company’s closing price of $21.57 per share on April 22, 2024. Once completed, it is expected that the acquisition would increase the Company’s consolidated total assets to approximately $7.4 billion, with over $5.6 billion in consolidated total loans. As of December 31, 2023, Oakwood Bank reported total assets of $843 million, total deposits...

Bel Reports First Quarter 2024 Results

Written by Customer Service on April 25, 2024. Posted in Earnings Releases And Operating Results.

Sustained Gross Margin Performance with Sales in Expected Range Provides Q2-24 Sales and Gross Margin Guidance WEST ORANGE, N.J., April 25, 2024 (GLOBE NEWSWIRE) — Bel Fuse Inc. (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the first quarter of 2024. First Quarter 2024 Highlights• Net sales of $128.1 million compared to $172.3 million in Q1-23• Gross profit margin of 37.5%, up from 31.1% in Q1-23• Net earnings of $15.9 million versus $14.6 million in Q1-23• Adjusted EBITDA of $24.5 million (19.2% of sales) as compared to $28.1 million (16.3% of sales) in Q1-23• Repurchased 109,000 shares of Bel stock at an aggregate cost of $6.3 million through March 31, 2024“We are pleased with our Q1 results, achieving a higher than anticipated level of profitability on a lower sales volume from...

Month: April 2024

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals