Day: August 6, 2024

One Liberty Properties Reports Second Quarter 2024 Results

– Enters into Contracts to Acquire Two Industrial Properties for $61.6 million – – Closes on Purchase of Two Industrial Properties for Approximately $11.7 Million – – Completes Sales of Six Properties For $7.4 Million Gain – GREAT NECK, N.Y., Aug. 06, 2024 (GLOBE NEWSWIRE) — One Liberty Properties, Inc. (NYSE: OLP), a real estate investment trust focused on net leased properties, today announced operating results for the quarter ended June 30, 2024. Patrick J. Callan, Jr., President and Chief Executive Officer of One Liberty commented, “We are pleased that during the second quarter, we added two industrial properties to our portfolio and that we have entered into contracts to add, in the near-term, another two industrial properties to our growing industrial property portfolio. Through such acquisitions, we have enhanced, and continue...

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Gatos Silver Reports Second Quarter 2024 Results

VANCOUVER, British Columbia, Aug. 06, 2024 (GLOBE NEWSWIRE) — Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) today announced its second quarter 2024 financial and operating results. The Company will host an investor and analyst call on August 7, 2024, details of which are provided below. The Company has a 70% interest in the Los Gatos Joint Venture (“LGJV”), which in turn owns the Cerro Los Gatos (“CLG”) mine in Mexico. Production for the second quarter of 2024 was previously disclosed on July 9, 2024. The Company’s reporting currency is US dollars. Dale Andres, CEO of Gatos Silver, commented: “The LGJV generated record revenue and free cash flow in quarter, reflecting significantly lower unit operating costs and higher metal prices combined with the strong previously reported production at CLG. The LGJV...

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StoneX Group Inc. Reports Fiscal 2024 Third Quarter Financial Results

Quarterly Operating Revenues of $913.7 million, up 18% Record Net Operating Revenues of $468.5 million, up 7%   Quarterly Net Income of $61.9 million, ROE of 15.7% Quarterly Diluted EPS of $1.88 per share, down 13% NEW YORK, Aug. 06, 2024 (GLOBE NEWSWIRE) — StoneX Group Inc. (the “Company”; NASDAQ: SNEX), a global financial services network that connects companies, organizations, traders and investors to the global market ecosystem through a unique blend of digital platforms, end-to-end clearing and execution services, high touch service and deep expertise, today announced its financial results for the fiscal year 2024 third quarter ended June 30, 2024. Sean M. O’Connor, the Company’s CEO, stated, “We achieved record net operating revenues this quarter as we experienced continued strong client engagement with increased volumes...

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Certara Reports Second Quarter 2024 Financial Results

Reiterates Full Year 2024 Financial Guidance RADNOR, Pa., Aug. 06, 2024 (GLOBE NEWSWIRE) — Certara, Inc. (Nasdaq: CERT), a global leader in model-informed drug development, today reported its financial results for the second quarter of fiscal year 2024. Second Quarter Highlights: Revenue was $93.3 million, compared to $90.5 million in the second quarter of 2023, representing growth of 3%. Software revenue was $38.2 million, compared to $33.7 million in the second quarter of 2023, representing growth of 13%. Services revenue was $55.1 million, compared to $56.7 million in the second quarter of 2023, representing a decline of 3%. Net loss was $12.6 million, compared to a net income of $4.7 million in the second quarter of 2023. Adjusted EBITDA was $26.3 million, compared to $32.4 million in the second quarter of 2023. “Certara’s...

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Fuel Tech Reports 2024 Second Quarter Financial Results

WARRENVILLE, Ill., Aug. 06, 2024 (GLOBE NEWSWIRE) — Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering for the optimization of combustion systems, emissions control, and water treatment in utility and industrial applications, today reported financial results for the second quarter ended June 30, 2024 (Q2 2024). “As expected, our performance in the second quarter was much improved,” said Vincent J. Arnone, President and CEO. “Consolidated revenues rose by 29% compared to last year’s second quarter, driven by a 52% revenue increase in FUEL CHEM®   and a 15% rise in APC revenues. We maintained a lean expense profile, continued to invest in new technologies, and our losses narrowed significantly from the prior year period. We are also pursuing new and potentially significant customer demonstrations...

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The RealReal Announces Second Quarter 2024 Results

Q2 2024 Revenue of $145 million, up $14 million or 11% Year-Over-YearQ2 2024 Net Loss of $(17) million, or (11.5%) of Total Revenue, an improvement of $25 million Year-Over-YearQ2 2024 Adjusted EBITDA of $(1.8) million or (1.2)% of Total Revenue, up $21 million Year-Over-Year SAN FRANCISCO, Aug. 06, 2024 (GLOBE NEWSWIRE) — The RealReal (Nasdaq: REAL)—the world’s largest online marketplace for authenticated, resale luxury goods—today reported financial results for its second quarter ended June 30, 2024. Second quarter 2024 gross merchandise value (GMV) and total revenue increased 4% and 11% respectively, compared to the second quarter of 2023. During the quarter, consignment revenue grew 17% compared to the same period in 2023. Second quarter Adjusted EBITDA improved $21 million compared to the second quarter of 2023. “We continue...

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Flywire Acquires Invoiced to Bolster its Global B2B Payment Network with Award-winning Accounts Receivable SaaS Platform

Invoiced augments Flywire’s B2B payments solution with workflow automation software purpose-built for mid-market companies to streamline the entire Accounts Receivables (A/R) process Acquisition extends Flywire’s customer footprint across a diversified customer base and accelerates company’s investment in software and payments innovation for B2B industry Flywire gains the opportunity to monetize several billion dollars of domestic and international invoicing volume that is managed annually by the Invoiced platform BOSTON, Aug. 06, 2024 (GLOBE NEWSWIRE) — Today, Flywire Corporation (Flywire) (Nasdaq: FLYW) a global payments enablement and software company, announced that it has acquired Invoiced, a SaaS platform that enables B2B finance teams and the “Office of the CFO” to automate the critical order-to-cash process. The acquisition...

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Latham Group Acquires Coverstar Central – Latham’s Exclusive Automatic Safety Cover Dealer in 29 States

Acquisition Positions Latham to Drive Product Line Sales Growth and Adoption of Automatic Safety Covers and Provides Opportunities to Further Advance Fiberglass Conversion Strategy Vertical Integration Expected to Increase Margins Transaction is Expected to be Immediately Accretive to Earnings LATHAM, N.Y., Aug. 06, 2024 (GLOBE NEWSWIRE) — Latham Group, Inc. (Nasdaq: SWIM), the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, today announced that it has acquired Coverstar Central, Latham’s exclusive automatic safety cover dealer in 29 states in the Northeast, Southeast, and Midwest regions of the country, including Texas. The all-cash transaction was completed on August 2, 2024. Headquartered in Indianapolis, Coverstar Central is the largest automatic...

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Nokia Corporation: Repurchase of own shares on 06.08.2024

Nokia CorporationStock Exchange Release06 August 2024 at 22:30 EET Nokia Corporation: Repurchase of own shares on 06.08.2024 Espoo, Finland – On 06 August 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code) Number of shares Weighted average price / share, EUR* XHEL 1,192,279 3.43 CEUX 793,791 3.44 BATE – – AQEU – – TQEX – – Total 1,986,070 3.43 * Rounded to two decimals On 25 January 2024, Nokia announced that its Board of Directors is initiating a share buyback program to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program started on 20 March 2024. On 19 July 2024, Nokia decided to accelerate the share buybacks by increasing...

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Targa Resources Corp. Prices $1.0 Billion Offering of Senior Notes

HOUSTON, Aug. 06, 2024 (GLOBE NEWSWIRE) — Targa Resources Corp. (“Targa” or the “Company”) (NYSE: TRGP), announced today the pricing of an underwritten public offering (the “Offering”) of $1.0 billion aggregate principal amount of its 5.500% Senior Notes due 2035 at a price to the public of 99.943% of their face value. The Offering is expected to close on August 9, 2024, subject to the satisfaction of customary closing conditions. The Company expects to use the net proceeds from the Offering for general corporate purposes, including to repay borrowings under its commercial paper note program, a portion of which were incurred to repay the remaining $500.0 million outstanding under its prior $1.5 billion unsecured term loan facility due July 2025, which was terminated in May 2024. Other general corporate purposes may include repayment...

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