Day: July 30, 2024

NorthWestern Reports Second Quarter 2024 Financial Results

Company reports GAAP diluted earnings per share of $0.52 for the quarter; affirms 2024 earnings guidance and $500 million capital investment plan; and announces a $0.65 per share quarterly dividend payable September 30, 2024 BUTTE, Mont. and SIOUX FALLS, S.D., July 30, 2024 (GLOBE NEWSWIRE) — NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (Nasdaq: NWE) reported financial results for the three months ended June 30, 2024. Net income for the period was $31.7 million, or $0.52 per diluted share, as compared with net income of $19.1 million, or $0.32 per diluted share, for the same period in 2023. “We are pleased to report solid earnings growth this quarter, a clear testament to our team’s dedication and hard work,” said Brian Bird, President and CEO. “We are also happy to announce two strategic transactions that position...

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Archrock Reports Second Quarter 2024 Results

HOUSTON, July 30, 2024 (GLOBE NEWSWIRE) — Archrock, Inc. (NYSE: AROC) (“Archrock”) today reported results for the second quarter 2024. Second Quarter 2024 and Recent Highlights Revenue for the second quarter of 2024 was $270.5 million compared to $247.5 million in the second quarter of 2023. Net income for the second quarter of 2024 was $34.4 million compared to $24.7 million in the second quarter of 2023. Adjusted EBITDA (a non-GAAP measure defined below) for the second quarter of 2024 was $129.7 million compared to $112.8 million in the second quarter of 2023. Leverage ratio at the end of the second quarter of 2024 was 3.2x compared to 4.2x at the end of the second quarter of 2023. Declared a quarterly dividend of $0.165 per share of common stock for the second quarter of 2024, 6% higher compared to the second quarter of 2023,...

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Urgently Announces Second Quarter 2024 Earnings Release Date and Conference Call; Participation in Sidoti Virtual Investor Conference

VIENNA, Va., July 30, 2024 (GLOBE NEWSWIRE) — Urgent.ly, Inc. (Nasdaq: ULY) (“Urgently”), a U.S.-based leading provider of digital roadside and mobility assistance technology and services, today announced the date for the release of its second quarter 2024 financial results and its participation in the Sidoti Micro-Cap Virtual Investor Conference. Second Quarter 2024 Earnings Urgently will host a conference call on Monday, August 12, 2024, at 5:00 p.m. Eastern Time to discuss its financial results for the second quarter ended June 30, 2024. Financial results will be issued in a press release prior to the call. Those wishing to participate via webcast should access the call through Urgently’s Investor Relations website at https://investors.geturgently.com. Those wishing to participate via telephone may dial in at 1-888-243-4451...

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Cytek® Biosciences Automates Panel Design with New Intelligent Algorithm

Expanding Capabilities and Streamlining Experimental Workflows FREMONT, Calif., July 30, 2024 (GLOBE NEWSWIRE) — Today Cytek Biosciences, Inc. (Nasdaq: CTKB) announced that it has developed a revolutionary tool to automate panel design. The company has expanded the capabilities of the Panel Builder tool within its Cytek® Cloud digital ecosystem with the addition of SpectroPanel™ tool, a proprietary new intelligent algorithm which suggests optimized panels in minutes. Optimized for Cytek’s Full Spectrum Profiling™ (FSP™) technology, the SpectroPanel tool automates the assignment of fluorochromes to markers, removing the labor-intensive manual process. This allows scientists to jumpstart their panel design process. With over 11,000 users and counting, Cytek Cloud is a vital resource in the research community....

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Shattuck Labs Announces Participation in Upcoming BTIG Virtual Biotechnology Conference

AUSTIN, TX and DURHAM, NC, July 30, 2024 (GLOBE NEWSWIRE) — Shattuck Labs, Inc. (Shattuck) (NASDAQ: STTK), a clinical-stage biotechnology company pioneering the development of bi-functional fusion proteins as a new class of biologic medicine for the treatment of patients with cancer and autoimmune disease, today announced that company management will participate in a fireside chat and one-on-one meetings at BTIG’s Virtual Biotechnology Conference, taking place August 5-6, 2024. Presentation DetailsConference: BTIG Virtual Biotechnology ConferenceFormat: Fireside chat with covering analyst, Kaveri Pohlman, Ph.D.Presenter: Dr. Taylor Schreiber, M.D., Ph.D., Shattuck’s Chief Executive OfficerDate: August 5, 2024Time: 2:00 p.m. ET A live webcast of the fireside chat will be available to conference participants. If you are interested...

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Ceylon Graphite Delayed in Completion of Annual Filings

Vancouver, BC, July 30, 2024 (GLOBE NEWSWIRE) — Ceylon Graphite Corp. (“Ceylon” or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) announces today that it will not be in a position to file its audited financial statements, CEO and CFO certifications, and management discussion and analysis (the “Annual Filings”) for the year ended March 31, 2024 on or before July 29, 2024. The Company has been late in the preparation of the Annual Filings due to an auditor transition. As a result, the Company applied for a management cease trade order (“MCTO“) under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“). An MCTO has been granted by the Company’s principal regulator, the British Columbia Securities Commission. The Company is working diligently to complete the audit by September...

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Farmers and Merchants Bancshares, Inc. Announces Adoption of Limited Duration Stockholder Rights Plan

Board Acts to Protect the Interests of the Company and its Stockholders Following an Investor Group’s Filing of an “Interagency Notice of Change in Bank Control” with Regulators Stockholders Do Not Need to Take Any Action HAMPSTEAD, Md., July 30, 2024 (GLOBE NEWSWIRE) — Farmers and Merchants Bancshares, Inc. (the “Company”), the parent of Farmers and Merchants Bank, announced today that its Board of Directors (the “Board”) voted unanimously to adopt a limited duration stockholder rights plan (the “Rights Plan”) to protect the interests of the Company and its stockholders. The Rights Plan is effective immediately and will expire in one year. The Board’s decision follows a Schedule 13D/A filed with the U.S. Securities and Exchange Commission (the “SEC”) on July 8, 2024 by Barry J. Renbaum and Carol E. Renbaum (the “Investor Group”),...

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WSP Delivers Strong Q2 2024 Results and Increases Its Financial Outlook

MONTREAL, July 30, 2024 (GLOBE NEWSWIRE) — WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”), one of the world’s leading and largest professional services firms, today announced financial and operating results for the second quarter ended on June 29, 2024. WSP reports solid results for the second quarter, supported by healthy market conditions and a continued focus on productivity. The Corporation completes the first half of 2024 with quality organic growth of approximately 7.0%1, an increase in adjusted EBITDA of 10.4% (margin up 50 bps), and an increase in adjusted earnings per share of 17.5%. WSP increases its financial outlook, reflecting solid performance in the first half of 2024 and expected continued momentum in market conditions for the remainder of the year. SECOND QUARTER OF 2024 FINANCIAL HIGHLIGHTS Revenues...

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Applied Digital Secures Final $25 Million from Garden City Facility Sale

DALLAS, July 30, 2024 (GLOBE NEWSWIRE) — Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (HPC) applications, announced today that it has met the conditional approval requirements related to the release of the escrowed funds from the sale of its Garden City, Texas facility. The Company has now received the remaining $25 million of the purchase price held in escrow pending such conditional approval. “Our ability to meet the conditional approval requirements reflects our commitment to operational excellence and financial discipline,” said David Rench, CFO of Applied Digital. “Receiving the remaining $25 million of the purchase price from the Garden City facility sale will help strengthen...

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Meritage Homes Certified By Great Place To Work® For Second Year In a Row

The homebuilder is committed to supporting employees through an employer-sponsored relief fund and employee resource groups SCOTTSDALE, Ariz., July 30, 2024 (GLOBE NEWSWIRE) — Meritage Homes, the fifth largest public homebuilder in the U.S., has earned the Great Place to Work® Certification™ for the second consecutive year, which is based on employees participating in the third-party 2024 Great Place To Work Trust Index® Survey taken by over 1.3 million workers worldwide to evaluate workplace culture, employee experience and leadership. In the 2024 survey, 94% of participating employees affirmed Meritage is a great place to work, compared to 57% of employees at a typical U.S.-based company.1 To further its commitment to its employees, Meritage recently launched the Meritage Cares Assistance Fund. The program is an employer-sponsored...

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