Day: August 6, 2024

Aeries Technology Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Annual Report on Form 10-K

Written by Customer Service on August 6, 2024. Posted in Public Companies.

NEW YORK, Aug. 06, 2024 (GLOBE NEWSWIRE) — Aeries Technology, Inc. (“Aeries” or “the Company”) (Nasdaq: AERT), a global professional services and technology consulting partner, today announced that it received an expected deficiency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) on July 31, 2024 ( the “Notice”). The Notice indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of its failure to timely file its Annual Report on Form 10-K for the year ended March 31, 2024 (the “Fiscal 2024 Form 10-K”) as described more fully in the Company’s Form 12b-25 Notification of Late Filing (the “Form 12b-25”) filed with the Securities and Exchange Commission (the “SEC”) on July 1, 2024. The Listing Rule requires...

Hallador Energy Company Reports Second Quarter 2024 Financial and Operating Results

Written by Customer Service on August 6, 2024. Posted in Earnings Releases And Operating Results.

– Q2 Total Revenue of $90.9 Million – – Q2 Net Loss of $10.2 Million or $(0.27) Earnings per Share – – Q2 Operating Cash Flow of $23.5 Million – – Q2 Adjusted EBITDA loss of $(5.8) Million – TERRE HAUTE, Ind., Aug. 06, 2024 (GLOBE NEWSWIRE) — Hallador Energy Company (Nasdaq: HNRG) (“Hallador” or the “Company”), today reported its financial results for the second quarter ended June 30, 2024. Brent Bilsland, President and Chief Executive Officer, stated, “We made progress during the quarter towards our strategic and deliberate path to transform Hallador and capture increased value as we advance our products and services up the value chain. Since acquiring the Merom Power Plant in 2022, we have expanded our offerings from fuel production to wholesale electricity sales, and we are...

Genasys Inc. Reports Fiscal Third Quarter 2024 Financial Results

Written by Customer Service on August 6, 2024. Posted in Earnings Releases And Operating Results.

SAN DIEGO, Aug. 06, 2024 (GLOBE NEWSWIRE) — Genasys Inc. (NASDAQ: GNSS), the leader in Protective Communications, today announced financial results for the Company’s fiscal third quarter ended June 30, 2024. Richard S. Danforth, Chief Executive Officer of Genasys, Inc., commented, “Genasys is making positive progress across each of its end markets. The large, announced projects with PREPA and the US Army provide long-term confidence in our hardware business. The recent improvement in international bookings also lends confidence that the broader hardware business is stabilizing.” Mr. Danforth continued, “As has been the case all year, our software business continues to track in line with our aggressive expectations. Our coverage area in California continues to expand and we are also gaining traction in several western states....

Ring Energy Announces Second Quarter 2024 Results, Provides Guidance for Third Quarter and Updates Full Year 2024 Outlook

Written by Customer Service on August 6, 2024. Posted in Earnings Releases And Operating Results.

THE WOODLANDS, Texas, Aug. 06, 2024 (GLOBE NEWSWIRE) — Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today reported operational and financial results for second quarter 2024 and provided an improved outlook for the third quarter and full year. Second Quarter 2024 HighlightsProduced sales of 13,623 barrels of oil per day (“Bo/d”), representing a 2% increase over the first quarter of 2024; Sold record total volumes of 19,786 barrels of oil equivalent per day (“Boe/d”) (69% oil), which was 4% higher than the first quarter; Reported net income of $22.4 million, or $0.11 per diluted share, and Adjusted Net Income1 of $23.4 million, or $0.12 per diluted share; Recorded Lease Operating Expense (“LOE”) of $10.72 per Boe, which was below the low end of guidance; Increased Cash Operating Margin1 to $32.97 per Boe, reflecting...

Innospec Reports Second Quarter 2024 Financial Results

Written by Customer Service on August 6, 2024. Posted in Earnings Releases And Operating Results.

Performance Chemicals operating income more than doubles on personal care growth Fuel Specialties operating income up double digits with margin expansion As expected, Oilfield Services results impacted by lower production chemical activity Debt-free balance sheet with over $240 million in net cash GAAP EPS $1.24 and adjusted non-GAAP EPS $1.39 ENGLEWOOD, Colo., Aug. 06, 2024 (GLOBE NEWSWIRE) — Innospec Inc. (NASDAQ: IOSP) today announced its financial results for the second quarter ended June 30, 2024. Total revenues for the second quarter were $435.0 million, a decrease of 9 percent from $480.4 million in the corresponding period last year. Net income for the quarter was $31.2 million or $1.24 per diluted share compared to $28.9 million or $1.16 per diluted share recorded last year. Adjusted EBITDA for the quarter was $54.1 million...

byNordic Acquisition Corporation Signs Letter of Intent for Business Combination with Sivers Semiconductors’ Wholly Owned Photonics Subsidiary

Written by Customer Service on August 6, 2024. Posted in Mergers And Acquisitions.

Merger Expected to Unlock Significant Value as Independent US NASDAQ Listed Photonics Company NEW YORK, Aug. 06, 2024 (GLOBE NEWSWIRE) — byNordic Acquisition Corporation (“byNordic”, Nasdaq: BYNO), a publicly traded special purpose acquisition company, has signed a non-binding Letter of Intent (LOI) with Sivers Semiconductors AB (“Sivers”, STO: SIVE), a leading supplier of wireless and photonic integrated chips and modules for communications and sensor solutions, to merge its wholly owned Sivers Photonics Ltd subsidiary (“Sivers Photonics”) with byNordic. Sivers Photonics designs and manufactures advanced semiconductor lasers for photonic devices, primarily targeted for Artificial Intelligence (AI) in large data centers, optical communications and optical sensing applications. These lasers are critical components for several current...

Aquestive Therapeutics Reports Second Quarter 2024 Financial Results and Provides Business Update

Written by Customer Service on August 6, 2024. Posted in Earnings Releases And Operating Results.

Late-stage pipeline program, Anaphylm™ (epinephrine) Sublingual Film, remains on track for a near-term New Drug Application (NDA) submission to the FDA Expanded sales coverage for Libervant™ (diazepam) Buccal Film for patients between ages two to five with national retail distribution anticipated in the fourth quarter 2024 Anticipates holding epinephrine prodrug technology investor day in the coming months Finishes the second quarter 2024 with cash and cash equivalents of approximately $90 million and reaffirms cash runway into 2026 To host investment community conference call at 8:00 am ET on August 7, 2024WARREN, N.J., Aug. 06, 2024 (GLOBE NEWSWIRE) — Aquestive Therapeutics, Inc. (NASDAQ:AQST) (“Aquestive” or the “Company”), a pharmaceutical company advancing medicines to bring meaningful...

COMPX ANNOUNCES A SPECIAL DIVIDEND OF $2.00 PER SHARE PAYABLE IN AUGUST 2024, AND DECLARES REGULAR QUARTERLY DIVIDEND

Written by Customer Service on August 6, 2024. Posted in Dividend Reports And Estimates.

Dallas, Texas, Aug. 06, 2024 (GLOBE NEWSWIRE) — CompX International Inc. (NYSE American: CIX) announced today that its board of directors has declared a special cash dividend of two dollars ($2.00) per share and a regular quarterly dividend of thirty cents ($0.30) per share, in each case on its class A common stock. The special cash dividend is payable on August 28, 2024 to stockholders of record at the close of business on August 19, 2024. The regular quarterly dividend of $0.30 per share is payable on September 17, 2024 to stockholders of record at the close of business on September 6, 2024. CompX is committed to balancing investment in the growth of its business with stockholder distributions. CompX’s strategy focused on generating consistent healthy cash flow through all cycles along with its strong balance sheet and disciplined...

PlayAGS Stockholders Approve Acquisition By Brightstar Capital Partners

Written by Customer Service on August 6, 2024. Posted in Mergers And Acquisitions.

LAS VEGAS, Aug. 06, 2024 (GLOBE NEWSWIRE) — PlayAGS, Inc. (NYSE: AGS) (“AGS” or the “Company”), a supplier of high-performing slot, table, and interactive products to the global gaming industry, today announced that, at a special meeting of its stockholders held on August 6, 2024 (“the Special Meeting”), AGS stockholders voted to approve the Company’s acquisition by affiliates of Brightstar Capital Partners. The final voting results of the Special Meeting will be reported on a Form 8-K filed by AGS with the U.S. Securities and Exchange Commission. The transaction is expected to close in the second half of 2025 and is subject to customary closing conditions, including the receipt of regulatory approvals. Upon completion of the transaction, AGS will become a privately held company and shares of AGS common stock will no longer be...

MRC Global Announces Second Quarter 2024 Results

Written by Customer Service on August 6, 2024. Posted in Earnings Releases And Operating Results.

HOUSTON, Aug. 06, 2024 (GLOBE NEWSWIRE) — MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves, fittings and infrastructure products and services to diversified energy, industrial and gas utilities end-markets, today announced second quarter 2024 results. Net income attributable to common stockholders for the second quarter of 2024 was $24 million, or $0.28 per diluted share, as compared to the second quarter of 2023 net income attributable to common stockholders of $18 million, or $0.21 per diluted share. Adjusted net income attributable to common stockholders for the second quarter of 2024 was $27 million, or $0.31 per diluted share, as compared to the second quarter of 2023 adjusted net income attributable to common stockholders of $22 million, or $0.26 per diluted share. MRC Global’s second quarter 2024 gross...

Day: August 6, 2024

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