Day: July 25, 2024

CHANTILLY, Va., July 25, 2024 (GLOBE NEWSWIRE) — Parsons Corporation (NYSE: PSN) announced today that the company was selected by the Indiana Department of Transportation (INDOT) for continued support of the I-69 Ohio River Crossing (ORX) project. The five-year, $26 million contract was expanded to include design oversight and construction inspection services for I-69 ORX Section 3, which stretches from the Veterans Memorial Parkway to the Indiana state line near the Ohio River. “Our team has contributed to the I-69 ORX project since its inception in 2017, providing initial design, and environmental studies to help INDOT and the Kentucky Transportation Cabinet complete this important national corridor,” said Mark Fialkowski, President, North America Infrastructure for Parsons. “We look forward to continuing to provide our eight...

MARIETTA, Pa., July 25, 2024 (GLOBE NEWSWIRE) — Donegal Group Inc. (NASDAQ: DGICA) and (NASDAQ: DGICB) today reported its financial results for the second quarter and first half of 2024. Significant Items for Second Quarter of 2024 (all comparisons to second quarter of 2023):Net income of $4.2 million, or 13 cents per diluted Class A share, compared to $2.0 million, or 6 cents per diluted Class A share Net premiums earned increased 8.3% to $234.3 million Net premiums written1 increased 9.1% to $247.2 million Combined ratio of 103.0%, compared to 104.7% Net income included after-tax net investment gains of $0.6 million, or 2 cents per diluted Class A share, compared to $2.0 million, or 6 cents per diluted Class A share Book value per share of $14.48 at June 30, 2024, compared to $14.68Financial Summary  Three Months Ended...

Wilmington, DE, July 25, 2024 (GLOBE NEWSWIRE) — Enovis™ Corporation (NYSE: ENOV), an innovation-driven, medical technology growth company, announced a change in the scheduling of its upcoming earnings results conference call. The call will still take place on August 7, 2024, but will now be held at 8:00 a.m. Eastern Time, instead of the previously announced time. There is no change to the date, the dial-in or webcasting information. A presentation related to the call will be available on ir.enovis.com. Conference call/Webcast Information Investors can access the live webcast via a link on the Enovis website. For those planning to participate on the call, please dial (833) 685-0901 (U.S. callers) and (412) 317-5715 (International callers) and ask to join the Enovis call. A link to a replay of the call will also be available...

Revenue1 increased 5% to $2.3 billion for the quarter with organic growth of 6% for the quarter Diluted Earnings per Share were $1.36 for the quarter, up 55% over prior year Adjusted Diluted Earnings per Share were $2.55 for the quarter, up 24% from prior year Operating Margin was 9.4% for the quarter, up 280 basis points from prior year Adjusted Operating Margin was 17.0% for the quarter, up 240 basis points from prior year Raised low end of target ranges for 2024 Outlook for Adjusted Operating Margin and Adjusted Diluted EPS and increased the Annual Cost Savings targetLONDON, July 25, 2024 (GLOBE NEWSWIRE) — WTW (NASDAQ: WTW) (the “Company”), a leading global advisory, broking and solutions company, today announced financial results for the second quarter ended June 30, 2024. “WTW delivered a strong second quarter, generating...

New addition to Radware’s cloud security platform empowers organizations to streamline protections, visibility, reporting, and auditing MAHWAH, N.J., July 25, 2024 (GLOBE NEWSWIRE) — Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, introduced a new one-stop PCI DSS 4.0 Compliance Solution to help organizations easily navigate and streamline the process in meeting the regulation’s new application protection requirements. The new solution offers dedicated controls, extensive visibility, easy-to-access reports, and streamlined auditing. The regulation went into effect March 31, 2024. Following a 12-month grace period, it will become mandatory starting March 31, 2025. “PCI compliance is no longer just for traditional retail payment chains. PCI DSS 4.0 is a call for all businesses processing...

-Home Sales Revenue of $1.1 Billion- -Homebuilding Gross Margin Percentage of 23.6%- -Diluted Earnings Per Share of $1.25- -Increased Dollar Value of Backlog to $2.0 Billion- -Reduced Debt by $450 Million- -Homebuilding Debt-to-Capital Ratio Reduced to Record Low of 22.9%- INCLINE VILLAGE, Nev., July 25, 2024 (GLOBE NEWSWIRE) — Tri Pointe Homes, Inc. (the “Company”) (NYSE:TPH) today announced results for the second quarter ended June 30, 2024. “I am pleased to report another quarter of outstanding results, driven by our focus on expanding scale and efficiencies within our existing markets while building a foundation for future growth in our new markets,” said Doug Bauer, Tri Pointe Homes Chief Executive Officer. “We delivered 1,700 homes, resulting in home sales revenue of $1.1 billion, a 38% increase compared to the previous year....

Revenue of $3.7 billion (an 8% increase compared to the same period in 2023) Diluted EPS2 of $0.70; adjusted diluted EPS1,2 of $0.98 Second quarter operating cash flow of $213 million; free cash flow1 of $133 million Repurchased $125 million of LKQ shares Dividend of $0.30 per share approved to be paid in the third quarter of 2024 Annual guidance updatedCHICAGO, July 25, 2024 (GLOBE NEWSWIRE) — LKQ Corporation (Nasdaq: LKQ) today reported second quarter 2024 financial results. “Our second quarter performance did not meet expectations as lower repairable claims in North America and difficult macroeconomic conditions in Europe led to declines in overall volumes. In light of soft demand, our teams acted with agility and decisiveness to address our cost structure and protect our margins,” noted Justin Jude, President and Chief Executive...