Day: August 2, 2024

Declares Quarterly Cash Dividend of $0.055 Per Share OAKLAND, Calif., Aug. 02, 2024 (GLOBE NEWSWIRE) — Bay Community Bancorp, (OTCPink: CBOBA) (the “Company”), parent company of Community Bank of the Bay, (the “Bank”) a San Francisco Bay Area commercial bank and California’s first certified FDIC-insured Community Development Financial Institution (“CDFI”) with full-service offices in Oakland, Danville, San Jose and San Mateo, and a loan production office in San Francisco, today reported net income of $2.08 million for the second quarter of 2024, compared to $1.66 million for the first quarter of 2024 and $1.85 million for the second quarter of 2023. All financial results are unaudited. On July 24, the Company’s Board of Directors declared a quarterly cash dividend of $0.055 per share. The dividend is payable September 4, 2024,...

Company Highlights:GAAP net income of $0.25 and distributable earnings of $0.45, per diluted common share1 Declares cash dividend on common stock of $0.43 per share Strong liquidity position with ~$725 million in cash and liquidity and ~$215 million of CLO restricted cash2 Agency loan originations of $1.15 billion; a servicing portfolio of ~$32.28 billion, up 3% Structured loan originations of $227.2 million, runoff of $629.6 million and a portfolio of ~$11.87 billion Redeemed our 5.75% senior notes at maturity for ~$90.0 million Repurchased $11.4 million of common stock at an average price of $12.19 per shareUNIONDALE, N.Y., Aug. 02, 2024 (GLOBE NEWSWIRE) — Arbor Realty Trust, Inc. (NYSE: ABR), today announced financial results for the second quarter ended June 30, 2024. Arbor reported net income for the quarter of $47.4 million,...

Completed Highly Successful Debt Exchange That Reduced Our Debt Obligations Under Our Debt Instruments by Approximately $33 Million, Extended Maturities to 2029, Obtained Favorable Interest Rates, and Preserved Structure Free of Financial Maintenance Covenants Upsized ABL Facility by 25% to $125 Million and Extended Maturity to 2029 Reported Q2 Total Revenue of $205 Million, Down 2.5%, in Line with Pacing Guidance Increased Digital Marketing Services Revenue by 24%, Total Digital Revenue by 5% ATLANTA, Aug. 02, 2024 (GLOBE NEWSWIRE) — Cumulus Media Inc. (NASDAQ: CMLS) (the “Company,” “Cumulus Media,” “we,” “us,” or “our”) today announced operating results for the three and six months ended June 30, 2024. Mary G. Berner, President and Chief Executive Officer of Cumulus...

HOUSTON, Aug. 02, 2024 (GLOBE NEWSWIRE) — Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) today reported strong second-quarter 2024 results and raised full-year 2024 Adjusted EBITDA guidance. Second-Quarter ResultsReported net income attributable to PAA of $250 million and net cash provided by operating activities of $653 millionDelivered Adjusted EBITDA attributable to PAA of $674 millionGenerated Adjusted Free Cash Flow of $421 million (excluding changes in Assets & Liabilities; including bolt-on acquisition capital)Successfully priced public offering of $650 million of unsecured senior notes at 5.7% due 20342024 Guidance UpdateRaising the mid-point of guidance for full-year 2024 Adjusted EBITDA attributable to PAA by $75 million to a new range of $2.725 – $2.775 billionReiterating...

HOUSTON, Aug. 02, 2024 (GLOBE NEWSWIRE) — IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) today announced financial results for the quarter ended June 30, 2024. Third Quarter 2024 Highlights and Recent DevelopmentsRevenue of $768 million for the third quarter of fiscal 2024, an increase of 31% compared with $584 million for the same quarter of fiscal 2023 Operating income of $90.2 million for the third quarter of fiscal 2024, an increase of 163% compared with $34.3 million for the same quarter of fiscal 2023 Net income attributable to IES of $62.1 million for the third quarter of fiscal 2024, an increase of 175% compared with $22.5 million for the same quarter of fiscal 2023, and diluted earnings per share attributable to common stockholders of $2.67 for the third quarter of fiscal 2024, compared with $0.81 for...

Record second quarter 2024 revenue of $6.6 million, representing growth of 32% compared to the second quarter of 2023 150th Growth Direct® system placed with an existing top 15 global pharma customer First Growth Direct Rapid Sterility system placed with an existing top 10 global pharma customer Gross margin improved by 35 percentage points compared to the second quarter of 2023, and by 24 percentage points compared to the first quarter of 2024 Announces operational efficiency program that is expected to enable the Company to achieve positive cash flow without additional financing Reaffirms full year 2024 total revenue guidance of at least $27.0 million, representing growth of at least 20% compared to full year 2023LEXINGTON, Mass., Aug. 02, 2024 (GLOBE NEWSWIRE) — Rapid Micro Biosystems, Inc. (Nasdaq: RPID) (the “Company”),...