August 7, 2024 – Page 14

OceanPal Inc. Reports Financial Results For The Second Quarter And Six Months Ended June 30, 2024

Written by Customer Service on August 7, 2024. Posted in Earnings Releases And Operating Results.

ATHENS, Greece, Aug. 07, 2024 (GLOBE NEWSWIRE) — OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today reported time charter revenues of $6.7 million, a net loss of $8.2 million and net loss attributed to common stockholders of $8.6 million for the second quarter of 2024. This compares to time charter revenues of $5.4 million, a net income of $1.3 million and net income attributed to common stockholders of $483 thousand for the second quarter of 2023. For the six months ended June 30, 2024, the Company reported time charter revenues of $12.4 million, a net loss of $9.5 million and net loss attributed to common stockholders of $10.3 million. This compares to time charter revenues of $9.3 million, a net income of $1.3 million and net income attributed to common stockholders...

Sprott Announces Second Quarter 2024 Results

Written by Customer Service on August 7, 2024. Posted in Earnings Releases And Operating Results.

TORONTO, Aug. 07, 2024 (GLOBE NEWSWIRE) — Sprott Inc. (NYSE/TSX: SII) (“Sprott” or the “Company”) today announced its financial results for the three and six months ended June 30, 2024. Management commentary “We are pleased to report that during the second quarter of 2024, Sprott’s Assets Under Management (“AUM”) reached $31.1 billion, up 6% from March 31, 2024 and up 8% from December 31, 2023,” said Whitney George, CEO of Sprott. “After more than four years of positive net sales, we started 2024 with $284 million of net redemptions in the first quarter. This quarter, we returned to positive net sales with $357 million of net inflows and an additional $110 million from the recent initial public offering (“IPO”) of the Sprott Physical Copper Trust (“COP”), bringing our net sales in the first half of...

Intra-Cellular Therapies Reports Second Quarter 2024 Financial Results, Provides Corporate Update and Raises 2024 CAPLYTA Sales Guidance

Written by Customer Service on August 7, 2024. Posted in Public Companies.

CAPLYTA Q2 2024 net product sales were $161.3 million, compared to $110.1 million for the same period in 2023, representing a 46% increase CAPLYTA’s strong prescription uptake continues: Q2 2024 CAPLYTA total prescriptions increased 36%, versus the same period in 2023 CAPLYTA 2024 net product sales guidance raised to $650 to $680 million Announced positive Phase 3 results from Study 501 and Study 502 evaluating lumateperone as an adjunctive therapy to antidepressants in patients with major depressive disorder (MDD) Supplemental NDA (sNDA) submission for lumateperone as an adjunctive therapy to antidepressants in patients with MDD anticipated in the second half of 2024 Commenced patient enrollment in ITI-1284 Phase 2 Studies in Generalized Anxiety Disorder and Psychosis associated with Alzheimer’s disease NEW YORK, Aug. 07, 2024 (GLOBE...

Kelly to Participate in the Sidoti Virtual Investor Conference

Written by Customer Service on August 7, 2024. Posted in Public Companies.

TROY, Mich., Aug. 07, 2024 (GLOBE NEWSWIRE) — Kelly (Nasdaq: KELYA, KELYB), a leading global specialty talent solutions provider, today announced it will participate in the Sidoti Virtual Investor Conference on Wednesday, August 14, 2024. Peter Quigley, president and chief executive officer, Olivier Thirot, executive vice president and chief financial officer, and Scott Thomas, head of investor relations, will participate in one-on-one meetings. Kelly’s investor presentation is available on the company’s website. About Kelly® Kelly Services, Inc. (Nasdaq: KELYA, KELYB) helps companies recruit and manage skilled workers and helps job seekers find great work. Since inventing the staffing industry in 1946, we have become experts in the many industries and local and global markets we serve. With a network of suppliers and partners...

Nayax Reports Second Quarter 2024 Financial Results

Written by Customer Service on August 7, 2024. Posted in Public Companies.

Total revenue of $78.1 million, up 39% year-over-year;Improved profitability with gross margins of 44.3%; return to operating profit with adjusted EBITDA of $8.1 million (1);Reiterates full year 2024 guidance: revenue between $325-335 million and adjusted EBITDA between $30-35 million (2) HERZLIYA, Israel, Aug. 07, 2024 (GLOBE NEWSWIRE) — Nayax Ltd. (Nasdaq: NYAX, TASE: NYAX), a global commerce payments and loyalty platform designed to help merchants scale their business, today announced its financial results for the second quarter, ended June 30, 2024. “I am very pleased with our second quarter results, showing another quarter of excellent execution with strong demand for our products across all segments of the market. Our second quarter results demonstrate strong top-line growth and margin expansion that we expect to continue...

Stallion Uranium Confirms Uranium Presence in Graphitic Structure from Final Assay Results

Written by Customer Service on August 7, 2024. Posted in Public Companies.

VANCOUVER, British Columbia, Aug. 07, 2024 (GLOBE NEWSWIRE) — Stallion Uranium Corp. (the “Company” or “Stallion”) (TSX-V: STUD; OTCQB: STLNF; FSE: FE0) is pleased to announce that the assay results have been received from the winter 2024 drilling program. The assay results confirm the presence of uranium in the intersected graphitic structure on the Coffer uranium project in the Western Athabasca Basin, Saskatchewan, Canada. The maiden drill program was focused on the Appaloosa Target Zone with the preliminary results from each hole reported in news releases on April 2, 2024, April 17, 2024 and May 7, 2024. Highlights: Drillhole CF24-003 intersected anomalous uranium within the graphitic structure, averaging 5 ppm U (uranium) and reaching a maximum of 14 ppm U over a span of 94.7 meters. Elevated lead...

Warner Music Group Corp. Reports Results for Fiscal Third Quarter Ended June 30, 2024

Written by Customer Service on August 7, 2024. Posted in Public Companies.

Financial Highlights Strong Recorded Music Subscription Streaming Growth Underpinned by a Robust Slate and Healthy Industry Trends Continued Momentum in Music Publishing Led by Strength in Digital and Performance Strong Margin Expansion and Double-Digit Growth in Operating and Free Cash Flow Reflect Solid Underlying Performance and Disciplined Cost Management Reiterating Full-Year Operating Cash Flow Conversion Guidance of 50-60% For the three months ended June 30, 2024 Total revenue decreased 1%, or increased 1% in constant currency Net income increased 14% to $141 million versus $124 million in the prior-year quarter Operating income increased 10% to $207 million versus $189 million in the prior-year quarter Adjusted OIBDA increased 6% to $316 million, versus $297 million in the prior-year quarter, or 8% in constant currency Cash...

Orion’s Q1’25 Revenue Rose 13% vs Q1’24 to $19.9M Driven by Strength in EV Charging Projects; Maintains FY 2025 Revenue Growth Target of 10-15%

Written by Customer Service on August 7, 2024. Posted in Earnings Releases And Operating Results.

MANITOWOC, Wisc., Aug. 07, 2024 (GLOBE NEWSWIRE) — Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations and maintenance services solutions, today reported results for its fiscal 2025 first quarter (Q1’25) ended June 30, 2024. Orion will hold an investor call today at 10:00 a.m. ET – details below. Orion is maintaining its revenue growth outlook of 10-15% which is expected to be more weighted to the second half of fiscal 2025. Q1 Financial Summary Prior Three Quarters $ in millions except per share figures Q1’25 Q1’24 Change Q4’24 Q3’24 Q2’24 LED Lighting Revenue $12.8 $12.6 +1% $16.3 $18.5 $13.6 EV Charging Revenue $3.8 $1.2 +209% $4.9 $2.8 $3.4 Maintenance Revenue $3.3 $3.8 -11% $5.2 $4.6 $3.6 Total Revenue $19.9 $17.6 $2.3 $26.4 $26.0 $20.6 Gross...

Gilat Reports Second Quarter 2024 Results

Written by Customer Service on August 7, 2024. Posted in Earnings Releases And Operating Results.

Revenue Increased by 13% Year-over-Year,GAAP Operating Income of $2.8 Million andAdjusted EBITDA of $10.1 Million PETAH TIKVA, Israel, Aug. 07, 2024 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its results for the second quarter, ended June 30, 2024. Second Quarter 2024 Financial Highlights Revenue of $76.6 million, up 13% compared with $67.6 million in Q2 2023; GAAP operating income of $2.8 million, compared with $5.4 million in Q2 2023; The decline is mainly attributable to the acquisition-related expenses, amortization of purchased intangibles, and earnout-based expenses related to DataPath acquisition; Non-GAAP operating income of $7.3 million, up 21% compared with $6.1 million in Q2 2023; GAAP net...

Inter&Co Inc. Reports Record Profit in Q2, Advances 60/30/30 Plan

Written by Customer Service on August 7, 2024. Posted in Earnings Releases And Operating Results.

BELO HORIZONTE, Brazil, Aug. 07, 2024 (GLOBE NEWSWIRE) — Inter&Co Inc. (NASDAQ: INTR | B3: INBR32), the leading financial super app providing financial and digital commerce services to over 33 million customers, today reported financial results for the second quarter of 2024. Highlights: Record net income of R$ 223 million. 10.4% ROE, surpassing the double-digit milestone. TPV increased 47% YoY, reaching R$ 290 billions. AuC reached R$ 105 billion, a 37% increase YoY. Inter&Co reported strong results with another quarter of increased profitability and consistent growth across its seven verticals. The results also show another important milestone: a 10.4% ROE. João Vitor Menin, CEO of Inter&Co commented: “I can affirm that our combination of growth and profitability is propelling us to new heights. The execution...

Day: August 7, 2024

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