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Day: August 1, 2024

IRADIMED CORPORATION Announces Second Quarter of 2024 Financial Results and the Declaration of its Regular Quarterly Cash Dividend of $0.15 Per Share

Reports record revenue of $17.9 million for the second quarter of 2024, an increase of 11.2 percent over the comparable period 2023.Reports GAAP diluted EPS of $0.38 and non-GAAP diluted EPS of $0.42 for the second quarter of 2024.Reports second quarter of 2024 operating income of $5.6 million, an increase of 13.4 percent compared to the comparable period of 2023.Declares a regular quarterly cash dividend of $0.15 per common share for the third quarter of 2024, payable on August 30, 2024.WINTER SPRINGS, Fla., Aug. 01, 2024 (GLOBE NEWSWIRE) — IRADIMED CORPORATION (the “Company”) (NASDAQ: IRMD) announced today its financial results for the three and six months ended June 30, 2024. The Company is a leader in the development of innovative magnetic resonance imaging (“MRI”) medical devices and the only known provider of a non-magnetic...

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Interdigital Announces Financial Results for Second Quarter 2024

Company delivers Q2 results far above outlook and all-time record first half, and raises FY 2024 guidance WILMINGTON, Del., Aug. 01, 2024 (GLOBE NEWSWIRE) — InterDigital, Inc. (Nasdaq: IDCC), a mobile, video, and AI technology research and development company, today announced results for the quarter ended June 30, 2024. “Our performance in the second quarter far exceeded the outlook and highlights how we continue to execute on our strategy and strengthen our innovation pipeline to support long-term growth,” commented Liren Chen, CEO and President, InterDigital. “Given our all-time record revenue for the first half of the year and our increasing momentum across the business, we are raising our full-year revenue guidance by $70 million to between $690 million and $740 million.” 2024 Financial Highlights, as compared to Second Quarter...

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Itron Announces Second Quarter 2024 Financial Results

LIBERTY LAKE, Wash., Aug. 01, 2024 (GLOBE NEWSWIRE) — Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, announced today financial results for its second quarter ended June 30, 2024. Key results for the quarter include (compared with the second quarter of 2023):Revenue of $609 million, increased 13%; Gross profit of $210 million, increased 21%; GAAP net income attributable to Itron, Inc. of $51 million, increased $27 million; GAAP diluted earnings per share of $1.10, increased $0.57 per share; Non-GAAP diluted EPS of $1.21, increased $0.56 per share; Adjusted EBITDA of $77 million, increased 56%; and Free cash flow of $45 million, increased $9 million.“The second quarter of 2024 was successful for Itron.” said Tom Deitrich, Itron’s president and CEO. “Revenue of $609 million...

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Turnover of Apranga Group in July 2024

The retail turnover (including VAT) of Apranga Group amounted to EUR 30.2 million in July 2024 and increased by 9.9% compared to July 2023. In January through July 2024, the retail turnover of Apranga Group (including VAT) amounted to EUR 191.8 million and was by 9.5% higher than in corresponding period of 2023. In January-July 2024, the retail turnover of Apranga Group in Lithuania increased by 7.3% year-to-year, in Latvia increased by 18.0% and in Estonia increased by 5.2%. Currently Apranga Group operates the chain of 169 stores (100 in Lithuania, 44 in Latvia and 25 in Estonia). The chain covers the gross area of 91.0 thousand sq. m., which is same level as 12 months ago. Rimantas Perveneckas„Apranga“ Group General Manager+370 5 2390801

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LIBERTY LATIN AMERICA AND MILLICOM AGREE TO COMBINE OPERATIONS IN COSTA RICA

LIBERTY LATIN AMERICA AND MILLICOM AGREE TO COMBINE OPERATIONS IN COSTA RICA TRANSACTION TARGETS GREATER INVESTMENT IN FIBER NETWORKS TO DELIVER ENHANCED SERVICES AND CUSTOMER EXPERIENCE Denver, Colorado and Luxembourg – August 1, 2024: Liberty Latin America Ltd. (“Liberty Latin America” or “LLA”) (NASDAQ: LILA and LILAK, OTC Link: LILAB) and Millicom International Cellular S.A. (“Millicom”) (NASDAQ U.S.: TIGO, Nasdaq Stockholm: TIGO_SDB) today announced that the parties have entered into an agreement to combine the companies’ respective operations in Costa Rica. Under the terms of the all-stock agreement, Liberty Latin America and its minority partner in Costa Rica will hold an approximate 86% interest and Millicom 14% in the joint operations, with the final ownership percentage confirmed at closing. As of December 31, 2023, the combined...

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Coherus to Report Second Quarter 2024 Financial Results on August 8, 2024

REDWOOD CITY, Calif., Aug. 01, 2024 (GLOBE NEWSWIRE) — Coherus BioSciences, Inc. (“Coherus,” NASDAQ: CHRS) today announced that its second quarter 2024 financial results will be released after market close on Thursday, August 8, 2024. Starting at 5:00 p.m. EDT on August 8, 2024, Coherus’ management team will host a conference call and webcast to discuss financial results and provide a general business update. A webcast replay will be available on https://investors.coherus.com following the conclusion of the live conference call. Conference Call Information When: Thursday, August 8, 2024, starting at 5:00 p.m. Eastern Time To access the conference call, please pre-register through the following link to receive dial-in information and a personal PIN to access the live call: https://register.vevent.com/register/BI9dd3f986eeb7428485a66ce1fb34999f Please...

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Liberty Northwest Bancorp, Inc. Reports Second Quarter 2024 Earnings, Completes $1.2 Million Preferred Stock Issuance

2024 Second Quarter Financial Highlights:Total assets were $190.8 million at quarter end. Net interest income of $1.05 million for the second quarter. Net interest margin of 2.45% for the second quarter. Net loans increased 3% to $143.2 million at June 30, 2024, compared to $138.6 million a year ago. Asset quality remains pristine. Non-interest bearing demand deposits represent 30% of total deposits. Tangible book value per share was $7.79 at quarter end.POULSBO, Wash., Aug. 01, 2024 (GLOBE NEWSWIRE) — Liberty Northwest Bancorp, Inc. (OTCQX: LBNW) (the “Company”) and its wholly-owned subsidiary Liberty Bank today announced earnings of $7 thousand for the second quarter ended June 30, 2024, compared to $15 thousand reported for the first quarter ended March 31, 2024, and $18 thousand for the second quarter ended June 30, 2023. Near...

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Beeline and Upwork Announce Strategic Partnership to Deliver Enhanced Hiring Efficiency and Centralized Workforce Management

Partnership provides a comprehensive end-to-end solution for companies looking to source, hire and collaborate with highly skilled independent professionals JACKSONVILLE, Fla. and SAN FRANCISCO, Aug. 01, 2024 (GLOBE NEWSWIRE) — Beeline, the leading technology solution provider for managing the extended workforce, and Upwork Inc. (Nasdaq: UPWK), the world’s work marketplace that connects businesses with independent talent across the globe, today announced a strategic partnership designed to enhance hiring efficiency and centralize enterprises’ contingent workforce programs. The partnership combines Beeline’s advanced workforce management solutions with the highly skilled professionals found on Upwork to deliver a centralized and streamlined end-to-end solution for companies looking to quickly and effectively connect with expert...

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Management Discusses Financial Filings of Global Arena Holding Inc., for 10-K 2023 and 10-Q, 1st Quarter 2024

NEW YORK, NY, Aug. 01, 2024 (GLOBE NEWSWIRE) — Global Arena Holding, Inc. (the “Company”) (OTC Markets: GAHC), a growth oriented, acquisition minded company currently focused on the Election Administration segment of the US Private Markets, is pleased to announce that the Company has filed the 10-K for 2023 and its 10-Q for the quarter ended March 31, 2024.  Both the 10-K for 2023 and the 10-Q for the quarter ended March 31, 2024 reflect management’s continued effort to grow the Company at a steady and disciplined pace. Financial highlights for the 10-K 2023 include but are not limited to:  Revenue increased 19% to $826,700 in 2023 as compared to $697,060 as reported in the 10-K for 2022.  Salaries and Benefits decreased 67% to $264,909 in 2023 as compared to $809,048 as reported in the 10-K for 2022.  Losses from operations...

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Wintrust Financial Corporation Completes Its Merger With Macatawa Bank Corporation

ROSEMONT, Ill. and HOLLAND, Mich., Aug. 01, 2024 (GLOBE NEWSWIRE) — Wintrust Financial Corporation (“Wintrust”) (Nasdaq: WTFC) and Macatawa Bank Corporation (“Macatawa”) today jointly announced the completion of their previously announced merger whereby Wintrust acquired Macatawa in an all-stock transaction. Macatawa was the parent company of Macatawa Bank, which is headquartered in Holland, Michigan and operates a network of 26 full-service branches located throughout communities in Kent, Ottawa and northern Allegan counties, including Grand Rapids. Founded in 1997, Macatawa Bank has an exemplary history of serving its communities. As of June 30, 2024, it had approximately $2.7 billion in assets, $2.3 billion in deposits and $1.3 billion in loans. Macatawa Bank’s approach to customer service is similar to that at each of the fifteen...

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