July 2024 – Page 19 – Goldea Capital

Ceylon Graphite Delayed in Completion of Annual Filings

Written by Customer Service on July 30, 2024. Posted in Public Companies.

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...

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

Written by Customer Service on July 30, 2024. Posted in Public Companies.

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”),...

WSP Delivers Strong Q2 2024 Results and Increases Its Financial Outlook

Written by Customer Service on July 30, 2024. Posted in Earnings Releases And Operating Results.

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...

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

Written by Customer Service on July 30, 2024. Posted in Mergers And Acquisitions.

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...

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

Written by Customer Service on July 30, 2024. Posted in Public Companies.

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...

CPS Announces Second Quarter 2024 Earnings

Written by Customer Service on July 30, 2024. Posted in Public Companies.

Revenues of $95.9 million compared to $84.9 million in the prior year period Pretax income of $6.7 million Net income of $4.7 million, or $0.19 per diluted share New contract purchases of $431.9 million, compared to $318.4 million in the prior year period LAS VEGAS, NV, July 30, 2024 (GLOBE NEWSWIRE) — Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced earnings of $4.7 million, or $0.19 per diluted share, for its second quarter ended June 30, 2024. This compares to a net income of $14.0 million, or $0.55 per diluted share, in the second quarter of 2023. Revenues for the second quarter of 2024 were $95.9 million, an increase of $11.0 million, or 13.0%, compared to $84.9 million for the second quarter of 2023. Total operating expenses for the second quarter of 2024 were $89.2 million compared...

Kadant Reports Second Quarter 2024 Results

Written by Customer Service on July 30, 2024. Posted in Earnings Releases And Operating Results.

WESTFORD, Mass., July 30, 2024 (GLOBE NEWSWIRE) — Kadant Inc. (NYSE: KAI) reported its financial results for the second quarter ended June 29, 2024. Second Quarter Financial Highlights Revenue increased 12% to a record $275 million Gross margin was 44.4% Operating cash flow increased 25% to $28 million Free cash flow increased 69% to $23 million Net income increased 5% to $31 million GAAP EPS increased 5% to $2.66 Adjusted EPS increased 11% to a record $2.81 Adjusted EBITDA was a record $62 million and represented a record 22.5% of revenue Bookings increased 17% to $252 million Note: Percent changes above are based on comparison to the prior year period. All references to earnings per share (EPS) are to our EPS as calculated on a diluted basis. Free cash flow, adjusted EPS, adjusted EBITDA, adjusted EBITDA margin, and changes...

Skyline Bankshares, Inc. Announces Second Quarter 2024 Results

Written by Customer Service on July 30, 2024. Posted in Earnings Releases And Operating Results.

FLOYD, Va. and INDEPENDENCE, Va., July 30, 2024 (GLOBE NEWSWIRE) — Skyline Bankshares, Inc. (the “Company”) (OTC QX: SLBK) – the holding company for Skyline National Bank (the “Bank”) – announced its results of operations for the second quarter of 2024. The Company recorded net income of $1.8 million, or $0.33 per share, for the quarter ended June 30, 2024, compared to net income of $2.1 million, or $0.37 per share, for the first quarter of 2024 and net income of $2.8 million, or $0.49 per share, for the same period in 2023. For the six months ended June 30, 2024, net income was $3.9 million, or $0.70 per share, compared to net income of $5.5 million, or $0.98 per share, for the six months ended June 30, 2023. Second quarter 2024 earnings represented an annualized return on average assets (“ROAA”) of 0.69% and an annualized return...

O-I GLASS REPORTS SECOND QUARTER 2024 RESULTS

Written by Customer Service on July 30, 2024. Posted in Earnings Releases And Operating Results.

Gradually Improving Demand Amid Soft Macro Conditions; New CEO Outlines Top Priorities PERRYSBURG, Ohio, July 30, 2024 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (“O-I”) (NYSE: OI) today reported financial results for the second quarter ended June 30, 2024. Net Earnings Attributable to the Company Per Share (Diluted) Earnings Before Income Taxes$M 2Q24 2Q23 2Q24 2Q23 Reported $0.36 $0.69 $104 $154 Adjusted EarningsEarnings Per Share (Diluted) Segment Operating Profit$M 2Q24 2Q23 2Q24 2Q23 Non – GAAP $0.44 $0.88 $233 $326 “It is a privilege to be O-I’s new CEO. I have spent my career serving the food and beverage industries across the world. I have always appreciated the role of glass packaging in food safety and brand building. O-I does more than...

Landstar System Reports Second Quarter Revenue of $1.225B and Earnings Per Share of $1.48 and Announces 9% Increase to Quarterly Dividend

Written by Customer Service on July 30, 2024. Posted in Earnings Releases And Operating Results.

JACKSONVILLE, Fla., July 30, 2024 (GLOBE NEWSWIRE) — Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) today reported basic and diluted earnings per share (“EPS”) of $1.48 in the 2024 second quarter on revenue of $1.225 billion. “The Landstar network of independent business owners performed admirably in a challenging freight transportation environment,” said Landstar President and Chief Executive Officer Frank Lonegro. “During the second quarter, we were encouraged to see our first sequential quarter-to-quarter revenue increase since the 2022 second quarter. Revenue in the 2024 second quarter grew 5% sequentially following seven quarters of sequential revenue declines. As we look to build on that momentum, we continue to invest in leading-edge technology and new trailing equipment. We are particularly proud of...

Month: July 2024

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