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Month: July 2024

Ocular Therapeutix™ to Report Second Quarter 2024 Financial Results on August 7, 2024

Conference call and webcast to begin at 8:00 AM ET BEDFORD, Mass., July 31, 2024 (GLOBE NEWSWIRE) — Ocular Therapeutix, Inc. (NASDAQ:OCUL) (“Ocular”), a biopharmaceutical company committed to improving vision in the real world through the development and commercialization of innovative therapies for retinal diseases and other eye conditions, today announced that it plans to host a conference call and webcast on Wednesday, August 7, 2024, at 8:00 AM ET to discuss recent business progress and financial results for the second quarter ended June 30, 2024. Conference Call and Webcast Information:Date: Wednesday, August 7, 2024, at 8:00 AM ETParticipant Dial-In (U.S.): 1 (800) 343-4136Participant Dial-in (International): 1 (203) 518-9843Conference ID: OCULARWebcast Access: Please click here The live and archived webcast can also be accessed...

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Prime Drink Group Announces Closing of $1.2 Million Second Tranche of Its Private Placement and Update on Triani Transaction

MONTREAL, July 31, 2024 (GLOBE NEWSWIRE) — Prime Drink Group Corp. (CSE: PRME) (“Prime” or the “Company”) announces that it has closed a second tranche of its previously announced non-brokered private placement financing (the “Offering”) of subscription receipts of the Company (each, a “Subscription Receipt”), for gross proceeds of $1,195,000 (the “Second Tranche”). The Offering is being completed in connection with the previously announced transaction (the “Transaction”), whereby the Company will acquire all of the issued and outstanding shares (the “Triani Shares”) of Triani Canada Inc. (“Triani”) pursuant to an amended and restated share purchase agreement dated May 21, 2024 entered into among the Company, 9296-0186 Québec Inc. (“9296”), the shareholders of 9296, and Angelpart Ventures Inc. (collectively, the “Vendors”), with...

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Amerigo Announces Q2-2024 Results & Quarterly Dividend

Q2-2024 Net Income of $9.8 million Quarterly EBITDA1 of $22.3 million – Free Cash Flow to Equity1 of $6.7 million 12th Quarterly Dividend of Cdn$0.03 per share declared, representing a 10.3% yield3 Previously declared Cdn$0.04 Performance Dividend triggered by Q2-2024 financial strength VANCOUVER, British Columbia, July 31, 2024 (GLOBE NEWSWIRE) — Amerigo Resources Ltd. (TSX: ARG; OTCQX: ARREF) (“Amerigo” or the “Company”) is pleased to announce financial results for the three months ended June 30, 2024 (“Q2-2024”). Dollar amounts in this news release are in U.S. dollars unless indicated otherwise. Amerigo’s Q2-2024 financial results included net income of $9.8 million, earnings per share (“EPS”) of $0.06, EBITDA1 of $22.3 million and free cash flow to equity1 of $6.7 million. In Q2-2024, Amerigo returned $3.6 million to shareholders....

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Norwegian Cruise Line Holdings Reports Strong Second Quarter 2024 Financial Results

Second quarter revenue up ~8% over prior year to record levels for period Company beats Q2 guidance and raises full year guidance for third time MIAMI, July 31, 2024 (GLOBE NEWSWIRE) — Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) (together with NCL Corporation Ltd. (“NCLC”), “Norwegian Cruise Line Holdings”, “Norwegian”, “NCLH” or the “Company”) today reported financial results for the second quarter ended June 30, 2024 and provided guidance for the third quarter and full year 2024. Second Quarter 2024 HighlightsGenerated record second quarter total revenue of $2.4 billion, an 8% increase compared to the same period in 2023 on 4% capacity growth, with GAAP net income of $163.4 million, or EPS of $0.35. Performance was driven by strong revenue growth and continued focus on cost reductions and efficiencies. Adjusted EBITDA...

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Verisk Reports Second-Quarter 2024 Financial Results

Consolidated revenues were $717 million, up 6.2%, and up 6.0% on an organic constant currency (OCC) basis for the second quarter of 2024. Income from continuing operations was $308 million, up 50.7% for the second quarter of 2024. Adjusted EBITDA, a non-GAAP measure, was $397 million, up 8.8%, and up 8.5% on an OCC basis.  Diluted GAAP earnings per share from continuing operations (diluted EPS) were $2.15 for the second quarter of 2024, up 52.5%. Diluted adjusted earnings per share (diluted adjusted EPS), a non-GAAP measure, were $1.74, up 15.2%. Net cash provided by operating activities was $212 million, up 9.7% and free cash flow, a non-GAAP measure, was $154 million, up 14.3% for the second quarter of 2024.  We paid a cash dividend of 39 cents per share on June 28, 2024, and repurchased $150 million of our common shares during the...

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Parsons Reports Record Results Since IPO for the Second Quarter of 2024

Q2 2024 Financial HighlightsRecord revenue of $1.7 billion increases 23% year-over-year Strong second quarter organic revenue growth of 22%, including five consecutive quarters with year-over-year organic growth above 20% Record net income of $69 million increases 60% Record adjusted EBITDA increases 27% to $150 million Record cash flow from operations increases $138 million to $161 million; record trailing twelve-month operating cash flow of $492 million increases 117% over the prior twelve-month period After Q2 2024 ended, Parsons entered into a definitive agreement to acquire BlackSignal Technologies Increasing fiscal year 2024 guidance ranges for all financial metricsCHANTILLY, Va., July 31, 2024 (GLOBE NEWSWIRE) — Parsons Corporation (NYSE: PSN) today announced financial results for the second quarter ended June 30, 2024. CEO...

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Steve Madden Announces Second Quarter 2024 Results

LONG ISLAND CITY, N.Y., July 31, 2024 (GLOBE NEWSWIRE) — Steven Madden, Ltd. (Nasdaq: SHOO), a leading designer and marketer of fashion-forward footwear, accessories and apparel, today announced financial results for the second quarter ended June 30, 2024. Amounts referred to as “Adjusted” are non-GAAP measures that exclude the items defined as “Non-GAAP Adjustments” in the “Non-GAAP Reconciliation” section. Second Quarter 2024 ResultsRevenue increased 17.6% to $523.6 million, compared to $445.3 million in the same period of 2023. Gross profit as a percentage of revenue was 41.5%, compared to 42.6% in the same period of 2023. Operating expenses as a percentage of revenue were 31.3%, compared to 32.7% in the same period of 2023. Adjusted operating expenses as a percentage of revenue were 31.1%, compared to 32.6% in the same period...

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Costamare Inc. Reports Results for The Second Quarter and Six-Month Period Ended June 30, 2024

MONACO, July 31, 2024 (GLOBE NEWSWIRE) — Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the second quarter (“Q2 2024”) and six-months ended June 30, 2024. I.   PROFITABILITY AND LIQUIDITYQ2 2024 Net Income available to common stockholders of $91.3 million ($0.77 per share). Q2 2024 Adjusted Net Income available to common stockholders1 of $91.4 million ($0.77 per share). Q2 2024 liquidity of $1,118.3 million2.II.   FULL REDEMPTION OF 8.875% SERIES E CUMULATIVE REDEEMABLE PERPETUAL PREFERRED STOCKFull redemption with cash on hand on July 15, 2024. Annual cash flow savings of ca. $10.1 million.III.   OWNED FLEET CHARTER UPDATE3 – NEW CHARTER ARRANGEMENTS AND FULLY EMPLOYED CONTAINERSHIP FLEET FOR THE YEAR AHEAD100% and 88% of the containership fleet4 fixed...

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Dayforce Announces $500 Million Share Repurchase Program

MINNEAPOLIS and TORONTO, July 31, 2024 (GLOBE NEWSWIRE) — Dayforce, Inc. (“Dayforce” or the “Company”) (NYSE: DAY; TSX: DAY), a global human capital management (HCM) leader that makes work life better, announced that its Board of Directors approved a share repurchase program with authorization to purchase up to $500 million of its common stock. “Dayforce continues to disrupt the HCM market, allowing the Company to achieve strong results, profitability improvements, and enhanced cash flow generation,” said Jeremy Johnson, Chief Financial Officer of Dayforce. “Our robust, scalable business model and improving cash flow metrics enable us to take a comprehensive view of capital allocation, balancing investments in maintaining technology innovation, ongoing strategic M&A, and now a share...

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Universal Stainless Reports Record Sales and Profitability in Second Quarter of 2024

Q2 2024 Net Sales are record $82.8 million Gross Margin hits new record high of 25.4% of sales in Q2 2024 Q2 2024 Net Income more than doubles from Q1 2024 to record $8.9 million, or $0.90 per diluted share Adjusted EBITDA in Q2 2024 increases to record $18.5 million, or 22% of salesBRIDGEVILLE, Pa., July 31, 2024 (GLOBE NEWSWIRE) — Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported record net sales of $82.8 million for the second quarter of 2024, an increase of 7% from the first quarter of 2024, and up 20% from the second quarter of 2023. Year-to-date net sales of $160.4 million were up 19% from the same period in 2023. Second quarter premium alloy sales totaled $20.7 million, or 25.0% of sales, up 61% from $12.9 million, or 18.6% of sales in the second quarter of 2023. Year-to-date premium alloy...

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