Month: May 2024

WEST PALM BEACH, Fla., May 02, 2024 (GLOBE NEWSWIRE) — LXP Industrial Trust (“LXP”) (NYSE:LXP), a real estate investment trust focused on single-tenant warehouse/distribution real estate investments, today announced results for the quarter ended March 31, 2024. First Quarter 2024 HighlightsRecorded Net Loss attributable to common shareholders of $(1.9) million, or $(0.01) per diluted common share. Generated Adjusted Company Funds From Operations available to all equityholders and unitholders – diluted (“Adjusted Company FFO”) of $48.8 million, or $0.16 per diluted common share. Increased Industrial Same-Store NOI 6.5% in the first quarter compared to the same period in 2023. Completed a 119,295 square foot lease extension amendment, raising industrial Base and Cash Base Rents by 28.0% and 27.9%, respectively. Acquired a...

LOUISVILLE, Ky., May 02, 2024 (GLOBE NEWSWIRE) — BrightSpring Health Services, Inc. (“BrightSpring” or the “Company”) (NASDAQ: BTSG), a leading provider of home and community-based health services for complex populations, today announced financial results for the first quarter ended March 31, 2024, and increases 2024 revenue and Adjusted EBITDA1 guidance. Financial HighlightsNet Revenue of $2,577 million, up 27.0% compared to $2,028 million in the first quarter of 2023. Net loss of $46 million, compared to net loss of $22 million in the first quarter of 2023. Adjusted EBITDA1 of $131 million, up 13.2% versus $115 million in the first quarter of 2023. Increased 2024 Revenue and Adjusted EBITDA Guidance:Revenue: $10,300 – $10,800 million Adjusted EBITDA1: $555 – $570 million, excluding potential Quality Incentive...

Three Month ResultsNet revenue was $498.2 million Net income was $78.5 million Adjusted EBITDA was $211.9 millionBATON ROUGE, La., May 02, 2024 (GLOBE NEWSWIRE) — Lamar Advertising Company (the “Company” or “Lamar”) (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces the Company’s operating results for the first quarter ended March 31, 2024. “Our first-quarter results exceeded our internal expectations, with particular strength in local sales. In addition, we returned to same-store growth in digital, and the rest of 2024 is shaping up well,” Lamar chief executive Sean Reilly said. “As a result, we are raising our guidance for full-year diluted AFFO to a range of $7.75 to $7.90 per share.” First Quarter HighlightsNet revenue increased 5.7% Adjusted EBITDA...

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...

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...