Month: July 2024

Security Federal Corporation Announces Second Quarter Income

AIKEN, S.C., July 29, 2024 (GLOBE NEWSWIRE) — Security Federal Corporation (the “Company”) (OTCBB: SFDL), the holding company for Security Federal Bank (the “Bank”), today announced earnings and financial results for the three and six months ended June 30, 2024. The Company reported net income available to common shareholders of $2.1 million, or $0.66 per share, for the quarter ended June 30, 2024, compared to $1.8 million, or $0.55 per share, for the second quarter of 2023. The increase in quarterly net income was primarily due to an increase in net interest income and non-interest income and a decrease in provision for credit losses, partially offset by increases in noninterest expense and provision for income taxes, as well as the payment of preferred stock dividends during the quarter. Year-to-date net income available to common...

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Coastal Financial Corporation Announces Second Quarter 2024 Results

Second Quarter 2024 Highlights: Net income of $11.6 million, or $0.84 per diluted common share, for the three months ended June 30, 2024, compared to $6.8 million, or $0.50 per diluted common share, for the three months ended March 31, 2024. Return on average assets (“ROA”) of 1.21% for the three months ended June 30, 2024, compared to 0.73% for the three months ended March 31, 2024. Return on average equity (“ROE”) of 15.22% for the three months ended June 30, 2024 compared to 9.21% for the three months ended March 31, 2024. Net interest margin increased to 7.13% for the quarter ended June 30, 2024, compared to 6.78% for the quarter ended March 31, 2024. Yield on loans receivable increased 0.38% to 11.23% for the quarter ended June 30, 2024, compared to 10.85% for the quarter ended March 31, 2024. Cost of...

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Arbor Realty Trust Schedules Second Quarter 2024 Earnings Conference Call

UNIONDALE, N.Y., July 29, 2024 (GLOBE NEWSWIRE) — Arbor Realty Trust, Inc. (NYSE: ABR), today announced that it is scheduled to release second quarter 2024 financial results before the market opens on Friday, August 2, 2024. The Company will host a conference call to review the results at 10:00 a.m. Eastern Time on August 2, 2024. A live webcast and replay of the conference call will be available at www.arbor.com in the investor relations section of the Company’s website. Those without web access should access the call telephonically at least ten minutes prior to the conference call. The dial-in numbers are (800) 274-8461 for domestic callers and (203) 518-9843 for international callers. Please use participant passcode ABRQ224 when prompted by the operator. A telephonic replay of the call will be available until August 9, 2024....

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Spectral AI Schedules 2024 Second Quarter Financial Results and Conference Call

DALLAS, July 29, 2024 (GLOBE NEWSWIRE) — Spectral AI, Inc. (Nasdaq: MDAI) (“Spectral AI” or the “Company”), an artificial intelligence (AI) company focused on medical diagnostics for faster and more accurate treatment decisions in wound care, today announced that it will report financial results for the second quarter ended June 30, 2024 on Monday, August 12, 2024 after the close of the stock market. The Company will host a corresponding conference call at 5:00 pm Eastern Time that day to discuss the results. Investors interested in participating in the live call can dial: 833-630-1956 – U.S. 412-317-1837 – International A simultaneous webcast of the call may be accessed online from the Events & Presentations section of the Investor Relations page of the Company’s website at https://investors.spectral-ai.com/news-events/events About...

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Matterport to Announce Fiscal 2024 Second Quarter Results on August 6, 2024

SUNNYVALE, Calif., July 29, 2024 (GLOBE NEWSWIRE) — Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced that it will release its fiscal 2024 second quarter financial results on Tuesday, August 6, 2024, after market close. Given the pending acquisition of Matterport by CoStar Group, Inc. that was announced on April 22, 2024, Matterport will not be holding a conference call or live webcast to discuss Matterport’s quarterly financial results. The financial results press release will be accessible from the Matterport website at investors.matterport.com. About MatterportMatterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking spatial data platform turns buildings into data to make nearly every space...

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Savaria Announces Date for Second Quarter 2024 Financial Results

LAVAL, Quebec, July 29, 2024 (GLOBE NEWSWIRE) — Savaria Corporation (“Savaria”) (TSX: SIS) one of the global leaders in the accessibility industry, announces it will release its financial results for the second quarter of 2024 after market close on August 7, 2024. Savaria’s management will hold an investor conference call and webcast at 8:30 a.m. Eastern Time (ET) on Thursday, August 8, 2024. Investors and members of the media are invited to participate on a listen-only basis. Conference call access: https://register.vevent.com/register/BI1cff64e45fee4492b5f07c01fcedfdb3 To access the conference call, you must register online and choose the method to join the call, either by dialing the number provided to you or by entering your phone number to receive a call from the system. Webcast URL (EN): https://edge.media-server.com/mmc/p/tqi3m55v About...

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Inspired Entertainment and bet365 Expand Partnership to Deliver Premium iGaming Content in Pennsylvania

Inspired Entertainment and bet365 Expand Partnership to Deliver Premium iGaming Content in Pennsylvania Inspired Entertainment and bet365 Expand Partnership to Deliver Premium iGaming Content in Pennsylvania NEW YORK, July 29, 2024 (GLOBE NEWSWIRE) — Inspired Entertainment, Inc. (NASDAQ: INSE), a leading provider of B2B gaming content, technology, hardware, and services, is pleased to announce the expansion of its partnership with bet365, a premier online gambling operator and longtime partner. The expanded partnership marks the second North American market launch for Inspired’s iGaming content in just two months, following its successful launch in New Jersey. With this addition, bet365 will now offer a diverse portfolio of online games to players in both Pennsylvania and New Jersey. “We’re thrilled to...

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Neuronetics to Report Second Quarter 2024 Financial and Operating Results and Host Conference Call

MALVERN, Pa., July 29, 2024 (GLOBE NEWSWIRE) — Neuronetics, Inc. (NASDAQ: STIM), a medical technology company focused on designing, developing, and marketing products that improve the quality of life for patients who suffer from neurohealth disorders, announced that it plans to release second quarter 2024 financial and operating results prior to market open on Monday, August 12th, 2024. The Company will host a conference call to review its results at 8:30 a.m. Eastern Time the same day. The conference call will be broadcast live in listen-only mode via webcast at https://edge.media-server.com/mmc/p/xsxbsaxh. To listen to the conference call on your telephone, participants may register for the call here. While it is not required, it is recommended you join 10 minutes prior to the event start. About Neuronetics Neuronetics, Inc....

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Veru to Participate in the BTIG Virtual Biotechnology Conference

MIAMI, FL, July 29, 2024 (GLOBE NEWSWIRE) — Veru Inc. (NASDAQ: VERU), a late clinical stage biopharmaceutical company focused on developing innovative medicines for preserving muscle for high quality weight loss, oncology, and viral induced acute respiratory distress syndrome, today announced the company will be participating in one-on-one meetings with investors at the BTIG Virtual Biotechnology Conference on August 5th, 2024. About the Enobosarm Phase 2b clinical trialThe Phase 2b, multicenter, double-blind, placebo-controlled, randomized, dose-finding clinical trial is designed to evaluate the safety and efficacy of enobosarm 3mg, enobosarm 6mg, or placebo as a treatment to preserve muscle and augment fat loss in approximately 150 patients with sarcopenic obesity or overweight elderly (>60 years of age) patients receiving semaglutide...

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Verizon Business awarded $77.7M task order to modernize National Weather Service network infrastructure

WASHINGTON, July 29, 2024 (GLOBE NEWSWIRE) — Verizon Business, a long-term trusted partner of the National Weather Service (NWS), has been awarded a task order valued at nearly $80 million to transition the NWS’s current voice and data services from the Networx contract to the Enterprise Infrastructure Solutions (EIS) vehicle. The transition will help support the NWS’s mission-critical work by providing weather, water and climate data, forecasts, warnings and impact-based decision support services. To facilitate the transition, the NWS, an agency within the Department of Commerce (DOC), sought a vendor with the proven ability to: Increase the cost-effectiveness of its services Reduce total cost of ownership Improve network performance and manageability Incorporate new technologies into its transformational roadmap Verizon Business’s...

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