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Day: May 2, 2024

Patria Reports First Quarter 2024 Earnings Results

GRAND CAYMAN, Cayman Islands, May 02, 2024 (GLOBE NEWSWIRE) — Patria (Nasdaq:PAX) reported today its unaudited results for the first quarter ended March 31, 2024. The full detailed presentation of Patria’s first quarter 2024 results can be accessed on the Shareholders section of Patria’s website at https://ir.patria.com/. Alex Saigh, Patria’s CEO, said: “The 1st quarter of 2024 marked a great start for the year, and I’m very pleased with the performance we delivered. We generated over $35 million dollars of Fee Related Earnings in the quarter, representing a 13% increase from 1Q23. We delivered more than $31 million dollars of Distributable Earnings, or 21 cents per share. We continue to grow and diversify our platform, both organically – as we raised $1.1 billion dollars year to date through April, and over $5.1 billion...

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EXL Reports 2024 First Quarter Results

2024 First Quarter Revenue of $436.5 Million, up 9.0% year-over-yearQ1 Diluted EPS (GAAP) (1) of $0.29, down 3.3% from $0.30 in Q1 of 2023Q1 Adjusted Diluted EPS (Non-GAAP) (1) (2) of $0.38, up 8.9% from $0.35 in Q1 of 2023 NEW YORK, May 02, 2024 (GLOBE NEWSWIRE) — ExlService Holdings, Inc. (NASDAQ: EXLS), a leading data analytics and digital operations and solutions company, today announced its financial results for the quarter ended March 31, 2024. Rohit Kapoor, Chairman and Chief Executive Officer, said, “We are pleased with our first quarter results and solid start to the year, as we delivered revenue growth and adjusted diluted EPS growth of 9%. Our data and AI-led strategy, combined with our deep domain expertise, continues to resonate with our clients and fuel our above industry average growth rates. The consistent execution...

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Azimut Sells to Patriot Battery Metals its JBN-57 Property, James Bay Region, Quebec

LONGUEUIL, Quebec, May 02, 2024 (GLOBE NEWSWIRE) — Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to announce the signing of a Sale and Purchase Agreement (the “Agreement”) with Patriot Battery Metals Inc. (“Patriot”) (TSX:PMET, ASX:PMT) for its wholly-owned JBN-57 Property (the “Property”), in the Eeyou Istchee James Bay region of Quebec (see Figures 1 and 2). Under the Agreement, Patriot has acquired a 100% interest in the Property from Azimut for a cash payment of $500,000 and the issuance of 150,000 shares of Patriot. Azimut will retain a 2.0% NSR royalty on the Property. The parties were dealing at arm’s length. The monetization of this claim block in the Azimut portfolio provides the Company with additional funds to advance work programs on its flagship projects. The JBN-57 Property...

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Teleflex Reports First Quarter Financial Results and Full Year 2024 Outlook

WAYNE, Pa., May 02, 2024 (GLOBE NEWSWIRE) — Teleflex Incorporated (NYSE: TFX) (the “Company”) today announced financial results for the first quarter ended March 31, 2024. First quarter financial summaryRevenues of $737.8 million, up 3.8% compared to the prior year period; up 3.8% on a constant currency basis GAAP diluted EPS from continuing operations of $0.33, compared to $1.63 in the prior year period Adjusted diluted EPS from continuing operations of $3.21, compared to $3.09 in the prior year period2024 guidance summaryLowering GAAP revenue growth guidance range to 3.35% to 4.35% Reiterating constant currency revenue growth guidance range of 3.75% to 4.75% Raising GAAP EPS from continuing operations guidance range to $6.87 to $7.22 Raising the low end of adjusted diluted EPS from continuing operations guidance range...

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Record Results by Willis Lease Finance Corporation with First Quarter Pre-tax Income of $29.9 million

COCONUT CREEK, Fla., May 02, 2024 (GLOBE NEWSWIRE) — Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”) today reported record first quarter total revenues of $119.1 million and record quarterly pre-tax income of $29.9 million. For the three months ended March 31, 2024, aggregate, core lease rent and maintenance reserve revenues were at an all-time high of $96.8 million, up 26% as compared to $76.7 million in 2023. The growth was predominantly driven by core, recurring lease and maintenance revenues associated with a strong, resurging aviation marketplace, and airlines leveraging our leasing, parts and maintenance capabilities in order to avoid protracted engine shop visits. “Having developed our 145 maintenance and exchange capabilities over the past few years, we have become the partner of choice for airlines looking to...

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Apollo Reports First Quarter 2024 Results

NEW YORK, May 02, 2024 (GLOBE NEWSWIRE) — Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the first quarter ended March 31, 2024. Marc Rowan, Chief Executive Officer at Apollo said, “Our solid FRE and SRE results in the first quarter were on-trend with normalized growth rates for the business. Capital formation and origination activity in the quarter were robust, with inflows and debt origination volume each totaling $40 billion. With visible momentum across the platform, we’re confident in our ability to deliver on our financial targets for the year.” Apollo issued a full detailed presentation of its first quarter ended March 31, 2024 results, which can be viewed on Apollo’s Investor Relations website at ir.apollo.com. Dividend Apollo Global Management,...

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Regeneron Reports First Quarter 2024 Financial and Operating Results

First quarter 2024 revenues decreased 1% to $3.15 billion versus first quarter 2023; excluding RonapreveTM(a)(b), revenues increased 7% First quarter 2024 Dupixent® global net sales (recorded by Sanofi) increased 24% to $3.08 billion versus first quarter 2023 First quarter 2024 U.S. net sales for EYLEA® HD and EYLEA® were $1.40 billion, including $200 million from EYLEA HD First quarter 2024 Libtayo® global net sales increased 45% to $264 million versus first quarter 2023 First quarter 2024 GAAP diluted EPS of $6.27 and non-GAAP diluted EPS(a) of $9.55 New $3.0 billion share repurchase program authorized in April 2024TARRYTOWN, N.Y., May 02, 2024 (GLOBE NEWSWIRE) — Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) today announced financial results for the first quarter of 2024 and provided a business update. “The Regeneron...

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SpringWorks Therapeutics Reports First Quarter 2024 Financial Results and Highlights Recent Business Updates

– Achieved $21.0 million in OGSIVEO® (nirogacestat) net product revenue in the first quarter – – Received validation from the EMA for MAA of nirogacestat for the treatment of adults with desmoid tumors – – Initiated rolling submission of NDA to the FDA for mirdametinib for the treatment of children and adults with NF1-PN – – Phase 2b ReNeu trial results accepted for oral presentation at the 2024 ASCO Annual Meeting – STAMFORD, Conn., May 02, 2024 (GLOBE NEWSWIRE) — SpringWorks Therapeutics, Inc. (Nasdaq: SWTX), a commercial-stage biopharmaceutical company focused on severe rare diseases and cancer, today reported first quarter financial results for the period ended March 31, 2024 and provided an update on recent company developments. “We are very encouraged by the strong start to the OGSIVEO launch and are focused on continuing...

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eGain Announces Webinar on Gen AI for Service, Featuring Success Story from Leading Utility Client

SUNNYVALE, Calif., May 02, 2024 (GLOBE NEWSWIRE) — eGain (NASDAQ: EGAN), the leading AI knowledge platform for customer service, today announced an online seminar on generative AI for customer service, featuring one of its leading utility clients. “Most AI projects fail. Some estimates place the failure rate as high as 80%—almost double the rate of corporate IT project failures a decade ago,” writes the Harvard Business Review. Businesses are hungry for lessons learned in implementing Generative AI so they can increase their odds of success. The utility client will talk about how they were able to accelerate knowledge building five-fold, while enabling a stellar 98% findability in answers for its contact center agents with eGain’s AI knowledge platform. Attendees will get a unique offer for a no-risk, no-cost production pilot called...

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Beyond, Inc. Announces Key Additions to Leadership Team

Industry experts join team to position enterprise for growth MIDVALE, Utah, May 02, 2024 (GLOBE NEWSWIRE) — Beyond, Inc. (NYSE:BYON), owner of online retail giants Bed Bath & Beyond, Overstock and Zulily, today announced the addition and appointment of several key leaders to its team:Guncha Mehta, joining as Chief Digital and Information Officer Stacey Shively, joining as Chief Merchandising Officer, Bed Bath & Beyond Angela Minor, joining as Chief Marketing Officer, Bed Bath & Beyond Deb Bollom, appointed to Chief Merchandising Officer, Overstock Steph Whitacre, appointed to SVP GM, Zulily Jennifer Evans, appointed to SVP Marketing, Beyond, Inc. Alexis Callahan, joining as VP of Investor Relations and Public Relations Chris Peake, joining as Director of Merchandising, Zulily“The most important part of building...

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