Coface appoints Ernesto de Martinis as head of the Mediterranean and Africa Region and Pietro Vargiu as country manager in Italy

Written by Customer Service on May 14, 2024. Posted in Public Companies.

Coface appoints Ernesto de Martinis as head of the Mediterranean and Africa Region and Pietro Vargiu as country manager in Italy Paris, 14 May 2024 – 18.00 Coface is announcing two changes in the Mediterranean and Africa region management with the appointments of Ernesto de Martinis as Managing Director for the region and Pietro Vargiu as Country Manager in Italy. These changes will be effective from 1 July 2024. Ernesto is based in Milan and will report to Xavier Durand, CEO of Coface. He replaces Cécile Paillard who will continue her career outside the Group. Ernesto joined Coface in 2000 and was appointed Country Manager of Coface Italy in 2012. Under his leadership, Coface Italy has become the largest contributor to Coface’s turnover and a strong, profitable, and diversified entity with a leading position in the credit insurance...

Euronext publishes Q1 2024 results

Written by Customer Service on May 14, 2024. Posted in Earnings Releases And Operating Results.

Contacts Media Contact Investor Relations Amsterdam +31 20 721 4133 Brussels +32 2 620 15 50 +33 1 70 48 24 27 Dublin +39 02 72 42 62 13 Lisbon +351 210 600 614 Milan +39 02 72 42 62 12 Oslo +47 41 69 59 10 Paris +33 1 70 48 24 45 Euronext publishes Q1 2024 results Strong start of the year with record topline driven by strong organic growth of Euronext’s diversified business model. Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris – 14 May 2024 – Euronext, the leading pan-European market infrastructure, today publishes its results for the first quarter 2024. Q1 2024 revenue and income was up +8.0% at €401.9 million: Strong performance of non-volume related revenue representing 58% of total revenue and income (stable compared to Q1 2023) and covering 155% of underlying operating expenses, excluding D&A1...

CGG Announces its Q1 2024 Results

Written by Customer Service on May 14, 2024. Posted in Earnings Releases And Operating Results.

Very strong start to the year Revenue at $273m, up 30% y-o-y ADJUSTED EBITDAs at $106m, up 58% y-o-y Net Cash-Flow at $30m PARIS, France – May 14, 2024 – CGG (ISIN: FR0013181864), a global technology and high-performance computing leader, announced today its first quarter 2024 non-audited results. Commenting on these results, Sophie Zurquiyah, CGG CEO, said: “I am very pleased with our first quarter performance. At $273m, we delivered the best first quarter revenue since our strategic decision to become an asset light company in late 2018. Our $30m net cash generation, together with the recent upgrade of our long-term debt by S&P Global Ratings are positive steps of our financial trajectory and balance sheet deleveraging. The continued strong market environment across our core segments, combined with CGG’s recent backlog pick-up,...

Track Group Reports 2nd Quarter Fiscal 2024 Financial Results

Written by Customer Service on May 14, 2024. Posted in Earnings Releases And Operating Results.

NAPERVILLE, Ill., May 14, 2024 (GLOBE NEWSWIRE) — Track Group, Inc. (OTCQB: TRCK), a global leader in offender tracking and monitoring services, today announced financial results for its fiscal quarter ended March 31, 2024 (“Q2 FY24”). In Q2 FY24, the Company posted (i) total revenue of $9.0 Million (“M”), an increase of approximately 8% over total revenue of $8.3M for the quarter ended March 31, 2023 (“Q2 FY23”); (ii) Q2 FY24 gross profit of $4.0M also representing an increase of approximately 6% over Q2 FY23 of $3.7M; (iii) Q2 FY24 operating loss of ($1.0M) compared to Q2 FY23 operating loss of ($0.9M); and (iv) net loss attributable to common shareholders of ($1.9M) in Q2 FY24 compared to ($1.5M) in Q2 FY23. FINANCIAL HIGHLIGHTS Total Q2 FY24 revenue of $9.0M was up 8% compared to Q2 FY23 revenue of $8.3M. Revenue for the...

Jeffersonville Bancorp Announces First Quarter Earnings of $2,553,000 or $0.60 per share; Declares Dividend of $0.15

Written by Customer Service on May 14, 2024. Posted in Dividend Reports And Estimates.

JEFFERSONVILLE, N.Y., May 14, 2024 (GLOBE NEWSWIRE) — Jeffersonville Bancorp, Inc. (OTCQB – JFBC) announced today first quarter net income of $2,553,000 or $0.60 per share compared to $2,660,000 or $0.63 per share for the same quarter in 2023. The decrease in quarterly net income compared to 2023 of $107,000 was primarily attributable to increases in interest expense of $743,000, credit loss provision of $288,000, salaries and employee benefits of $132,000, other non-interest expense of $110,000, and foreclosure expense of $32,000. These expense increases were partially offset by increases in other non-interest income of $481,000, loan interest and fees of $450,000, and securities and other interest and dividends of $254,000, and a decrease in tax expense of $31,000. “The Company’s interest income has largely kept pace...

Fancamp Announces Resignation of Director

Written by Customer Service on May 14, 2024. Posted in Public Companies.

VANCOUVER, British Columbia, May 14, 2024 (GLOBE NEWSWIRE) — Fancamp Exploration Ltd. (“Fancamp” or the “Corporation”) (TSX Venture Exchange: FNC) announces the resignation of Mr. Greg Ferron as Director of the Corporation, effective immediately. Mr. Ferron has held this position on the Board of Directors since 2021. The Board of Directors and management of Fancamp thank Mr. Ferron for his years of service, and the Corporation was fortunate to have benefited from Mr. Ferron’s years of mining industry and capital markets expertise. “We would like to thank Mr. Ferron for his exceptional service on our Board. The Corporation has benefitted greatly from his contributions, dedication, and strategic leadership,” added Mr. Mark Billings, Chairman of the Board of Fancamp. The Corporation wishes him well in his other endeavours and will...

Paperclip SAFE Sponsors IPIPELINE Connections 2024

Written by Customer Service on May 14, 2024. Posted in Public Companies.

Paperclip inc. is a platinum exhibitor at the premier insurance and financial services event HACKENSACK, N.J., May 14, 2024 (GLOBE NEWSWIRE) — Paperclip Inc. (OTCMKTS:PCPJ), an innovative data security and content management company, is a platinum sponsor at this year’s IPIPELINE Connections event May 15-17 in Orlando, FL. This industry event brings together top leaders representing life insurance, annuities, and wealth management organizations for a premier 3-day event. Paperclip’s SVP of Sales, Suzy Tuck, and Account Executive Yvette Saenz will be presenting a breakout session Paperclip 2024 Highlights Wednesday, May 15 from 4-4:45 p.m. in August Room A. Suzy will also be participating in a panel titled BGA’s and the iPipeline Partner Ecosystem. The session will take place Wednesday, May 15 from 2-2:45 p.m in the Royal Dublin...

Virtus Diversified REIT announces acquisition of free-standing Walmart property

Written by Customer Service on May 14, 2024. Posted in Mergers And Acquisitions.

TORONTO, May 14, 2024 (GLOBE NEWSWIRE) — Virtus Capital Corporation, the asset manager of Virtus Diversified REIT is proud to announce its latest strategic move in expanding its portfolio with the acquisition of a free-standing Walmart tenanted property located in Flin Flon, Manitoba. This acquisition marks a significant milestone for Virtus Diversified REIT as it continues to strengthen its retail presence with reliable anchor tenants in strong markets across Canada. “This acquisition is a great example of our ‘make the money on the buy’ strategy,” said Aurelio Baglione, CEO of Virtus. “We originally tied up this property for $5.25 million, we walked away from the deal because I thought we could do better. I was re-approached by the broker 4 months ago and was able to negotiate a purchase price of $3.95 million. I’m thrilled to...

Century Aluminum Company Applauds Biden Administration Decision To Triple Chinese Aluminum Tariffs

Written by Customer Service on May 14, 2024. Posted in Public Companies.

CHICAGO, May 14, 2024 (GLOBE NEWSWIRE) — President Biden today announced that his administration would triple existing tariffs on Chinese aluminum imports pursuant to Section 301 of the Trade Act of 1974. Today’s action provides a clear and strong response to China’s unfair trade policies and will help to put a stop to China’s continuing build-up of overcapacity and non-market pricing actions. Jesse Gary, Century’s (NASDAQ: CENX) President and Chief Executive Officer, who attended the White House event announcing the move, praised the President’s action: “Today’s actions are critical for the U.S. aluminum industry. President Biden’s decisive leadership on Sec. 301 tariffs and to invest in the resurgence of U.S. manufacturing, shows this Administration’s commitment to U.S. primary aluminum production.” “Thanks...

Atlantic American Corporation Reports First Quarter Results for 2024

Written by Customer Service on May 14, 2024. Posted in Earnings Releases And Operating Results.

ATLANTA, May 14, 2024 (GLOBE NEWSWIRE) — Atlantic American Corporation (Nasdaq- AAME) today reported net loss of $2.0 million, or ($0.10) per common share, in the first quarter of 2024 compared to net loss of $1.4 million, or ($0.08) per common share, in the first quarter of 2023. The increase in net loss for the first quarter of 2024 was primarily the result of a decrease in premium revenue in the life and health operations coupled with unfavorable loss experience in the life and health operations. Premium revenue for the three month period ended March 31, 2024 decreased $1.5 million, or 3.4%, to $44.6 million from $46.1 million in the three month period ended March 31, 2023. The Company reported operating loss (as defined below) of $2.4 million in the three month period ended March 31, 2024 compared to operating income of $0.6...

Day: May 14, 2024

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