Day: August 14, 2024

Main Street Financial Services Corp. Announces Earnings for Second Quarter of 2024

Written by Customer Service on . Posted in Public Companies.

Business Highlights Successfully completed the merger of Main Street Financial Services Corp. (Main Street) and Wayne Savings Bancshares, Inc. (Wayne) on May 31, 2024, forming a holding company with $1.4 billion in assets Successfully completed the integration of core-processing systems on June 10, 2024 Tangible book value per share of $11.75 as of June 30, 2024 Upgraded to OTCQX Best Market on July 16, 2024 Declared cash dividend of $0.14 per share on July 19, 2024 WOOSTER, Ohio, Aug. 14, 2024 (GLOBE NEWSWIRE) — Main Street Financial Services Corp. (OTCQX: MSWV), (the “Company”), the holding company parent of Main Street Bank Corp. reported a net loss (unaudited) of $3.5 million, or $0.68 per common share, for the three months ended June 30, 2024. Excluding the merger-related expenses (non-GAAP) for the three months ended June...

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Inhibikase Therapeutics Reports Second Quarter Financial Results and Highlights Recent Period Activity

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

Company to host conference call on August 15, 2024 at 8:00 a.m. ET BOSTON and ATLANTA, Aug. 14, 2024 (GLOBE NEWSWIRE) — Inhibikase Therapeutics, Inc. (Nasdaq: IKT) (Inhibikase or Company), a clinical-stage pharmaceutical company developing protein kinase inhibitor therapeutics to modify the course of Parkinson’s disease (“PD”), Parkinson’s-related disorders and other diseases of the Abelson Tyrosine Kinases, today reported financial results for the second quarter ended June 30, 2024 and highlighted recent developments. “The first half of 2024 has showcased the strength of our pipeline through the continued execution of key milestones for both risvodetinib (risvo) and IkT-001Pro,” said Dr. Milton H. Werner, President and Chief Executive Officer of Inhibikase. “We completed enrollment of The 201 Trial evaluating...

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Molecular Templates, Inc. Reports Second Quarter 2024 Financial Results and Corporate Update

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Monotherapy activity of long duration in patients who have progressed on checkpoint therapy via a novel immuno-oncology mechanism of action with PD-L1 ETB (MT-6402) program Early indication of monotherapy activity in CTLA-4 ETB (MT-8421) program through T-reg depletion; no drug-related adverse events > grade 2 Novel mechanism of action targeting CD38+ immune cells of B-cell, T-cell, and monocytic lineage representing enhanced potency in I&I without the need for conditioning therapy AUSTIN, Texas, Aug. 14, 2024 (GLOBE NEWSWIRE) — Molecular Templates, Inc. (Nasdaq: MTEM, “Molecular Templates,” or “MTEM”), a clinical-stage biopharmaceutical company focused on the discovery and development of proprietary targeted biologic therapeutics, engineered toxin bodies (“ETBs”), to create novel therapies with potent differentiated mechanisms...

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Plus Therapeutics Reports Second Quarter 2024 Financial Results and Recent Business Highlights

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Presented Positive Interim ReSPECT-LM Phase 1 Data for Rhenium (186Re) Obisbemeda for Leptomeningeal MetastasesPresented Positive Topline Clinical Trial Results for CNSide diagnostic in the FORESEE trialManagement to host conference call August 14, 2024 at 5:00 p.m. ET AUSTIN, Texas, Aug. 14, 2024 (GLOBE NEWSWIRE) — Plus Therapeutics, Inc. (Nasdaq: PSTV) (the “Company”), a clinical-stage pharmaceutical company developing targeted radiotherapeutics with advanced platform technologies for central nervous system (CNS) cancers, today announced financial results for the second quarter ended June 30, 2024, and provided an overview of recent and upcoming business highlights. Q2 2024 RECENT HIGHLIGHTS AND MILESTONES Presented positive ReSPECT-LM Phase 1 study data at the 2024 Society for NeuroOncology /American Society for Clinical Oncology...

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Paycor Announces Fourth Quarter and Fiscal Year 2024 Financial Results

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

Q4 Total revenues of $164.8 million, an increase of 18% year-over-year, while expanding operating margins Q4 Recurring revenues of $150.5 million, an increase of 17% year-over-year FY’24 Total revenues of $654.9 million, an increase of 19% year-over-year, while expanding operating margins FY’25 revenue guidance of $722.0 – $729.0 million, an increase of 11% year-over-year at the top end of the range CINCINNATI, Aug. 14, 2024 (GLOBE NEWSWIRE) — Paycor HCM, Inc. (Nasdaq: PYCR) (“Paycor”), a leading provider of human capital management (“HCM”) software, today announced financial results for the fourth quarter and full fiscal year 2024, which ended June 30, 2024. “Paycor delivered revenue growth of 18% for the quarter and 19% for the year, propelled by strong execution against our strategic growth initiatives to add employees...

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dLocal Reports 2024 Second Quarter Financial Results

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

Second Quarter 2024US$6.0 billion Total Processed Volume, up 38% year-over-year and 14% quarter-over-quarterRevenue of US$171 million, up 6% year-over-year and down 7% quarter-over-quarter100% Net Revenue Retention RateGross Profit of US$70 million, down 1% year-over-year and up 11% quarter-over-quarterAdjusted EBITDA of US$43 million, down 18% year-over-year and up 16% quarter-over-quarter dLocal reports in US dollars and in accordance with IFRS as issued by the IASB. MONTEVIDEO, Uruguay, Aug. 14, 2024 (GLOBE NEWSWIRE) — DLocal Limited (“dLocal”, “we”, “us”, and “our”) (NASDAQ:DLO), a technology – first payments platform today announced its financial results for the second quarter ended June 30, 2024. We continue to see strong growth in our business, achieving another quarterly record of $6.0 billion of TPV during the second...

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AmpliTech Group Reports Q2 Revenue of $2.5M with 1.05M Gross Profits and 42% Gross Margins

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

HAUPPAUGE, N.Y., Aug. 14, 2024 (GLOBE NEWSWIRE) — AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGW), a designer, developer, and manufacturer of state-of-the-art signal processing components for satellite, Public and Private 5G, and other communications networks, including the design of complete 5G/6G systems and a global distributor of packages and lids for integrated circuits assembly, today announced its financial results for the second quarter ended June 30, 2024. The company plans to host an investor call within two weeks after today. Q2 2024 Highlights Revenue of $2.5 million, with gross profits of $1.05M (42%). The company maintained a healthy gross profit margin of approximately 42% amidst inflationary pressures. Significant decrease in global demand and recessionary market dynamics continued to be a factor affecting the majority...

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Nova LifeStyle, Inc. Reports Second Quarter FY 2024 Results

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

LOS ANGELES, Aug. 14, 2024 (GLOBE NEWSWIRE) — Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced its financial results for the second quarter ended June 30, 2024. Key Financial Highlights: Operating Results for the Three Months Ended June 30, 2024 Net sales for three months ended June 30, 2024 were $2.69 million, a decrease of 40% from $4.46 million in the same period of 2023. Gross profit was $1.19 million compared to $1.45 million in the same period of 2023. Net loss was ($563 thousand), compared to ($539 thousand) loss in the same period of 2023. Operating Results for the Six Months Ended June 30, 2024 Net sales for the six months ended June 30, 2024 were $5.06 million, a decrease of 20% from $6.34 million in the same period 2023. Gross profit was $2.21 million, compared to $2.11 million...

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BEN Reports Second Quarter 2024 Financial Results

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

JACKSON, Wyo., Aug. 14, 2024 (GLOBE NEWSWIRE) — Brand Engagement Network Inc. (“BEN”) (Nasdaq: BNAI), an emerging provider of safe and secure customer engagement AI, today announced its financial results and key business highlights for the second quarter ended June 30, 2024. “In the second quarter, we made continued progress on market validation initiatives, with meaningful acceleration in new proof of concepts” said Paul Chang, Co-CEO of BEN. “Looking to the second half of 2024, we expect the maturation of earlier engagements into production-ready deployments”. Second Quarter 2024 Key Business Highlights Announced promotion of Paul Chang to Co-CEO, with responsibility including the entire BEN commercial operations focused on market validation and commercial growth of the business. Closed a private placement at a premium to market...

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Battalion Oil Corporation Announces Second Quarter 2024 Financial and Operating Results

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

HOUSTON, Aug. 14, 2024 (GLOBE NEWSWIRE) — Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced financial and operating results for the second quarter of 2024. Key Highlights AGI facility online and treated 1.82 Bcf for the second quarter 2024 reducing operating expenses by $4.26/Boe compared to the first quarter 2024 On August 12, 2024, the AGI facility processed 26.6 MMcf/d which allowed the Company to return wells to production and realize approximately 7,500 Bbls of oil per day (approximately 13,500 Boe/d) net production Drilled and brought two additional wells on production in Monument Draw in the second quarter 2024 with the next two-well pad to be completed in late third quarter or early fourth quarter 2024 Generated second quarter 2024 sales volumes of 12,857 Boe/d Executed a $20.0...

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