Day: August 15, 2024

Silexion Therapeutics Ltd. and Moringa Acquisition Corp Announce Closing of their Business Combination

Written by Customer Service on August 15, 2024. Posted in Mergers And Acquisitions.

The combined company’s shares and warrants are expected to begin trading on Nasdaq under the tickers “SLXN” and “SLXNW”, respectively on August 16, 2024 MODI’IN, Israel and NEW YORK, Aug. 15, 2024 (GLOBE NEWSWIRE) — Silexion Therapeutics Ltd. (“Silexion”), a clinical-stage, oncology-focused biotechnology company and Moringa Acquisition Corp (Nasdaq: MACA) (“Moringa”), a publicly-traded special purpose acquisition company, today announced the completion of their previously announced business combination (the “Business Combination”) with Biomotion Sciences (the “combined company”), a recently formed entity. The combined company’s name is changing from Biomotion Sciences to “Silexion Therapeutics Corp”, and its ordinary shares and warrants are expected to begin trading on Nasdaq under the tickers “SLXN” and “SLXNW”, respectively,...

Shimmick Corporation Announces Second Quarter 2024 Results – Provides Update on Transformation Plan

Written by Customer Service on August 15, 2024. Posted in Earnings Releases And Operating Results.

IRVINE, Calif., Aug. 15, 2024 (GLOBE NEWSWIRE) — Shimmick Corp. (NASDAQ: SHIM), a leading water infrastructure company, today announced financial results for the second quarter ended June 28, 2024. Second Quarter 2024 and Recent HighlightsA settlement agreement on litigation on one of the two Legacy Loss Projects (a federal lock and dam project) which will result in $33 million in additional liquidity and eliminates the cost and distraction of prolonged litigation Reported revenue of $91 million, which includes $84 million of Shimmick Projects revenue and a $23 million reduction in Legacy Projects revenue associated with the settlement Reported a net loss of $51 million with an Adjusted EBITDA loss of $40 million which includes a $30 million reduction in Legacy Projects gross margin associated with the settlement Backlog is...

H&R Block Reports FY24 Results; Announces 17% Dividend Increase, & $1.5B Share Repurchase Authorization

Written by Customer Service on August 15, 2024. Posted in Earnings Releases And Operating Results.

KANSAS CITY, Mo., Aug. 15, 2024 (GLOBE NEWSWIRE) — H&R Block, Inc. (NYSE: HRB) (the “Company”) today released its financial results1 for the fiscal year ended June 30, 2024.H&R Block reported full year revenue of $3.6 billion (4% increase) and earnings per share from continuing operations2 of $4.14 (16% increase) In FY24, the Company repurchased $350 million, or another 5.5%, of shares outstanding at an average price of $43.66 The Company announced a 17% increase in its quarterly dividend to $0.375 per share The Company announced a new share repurchase authorization of $1.5 billion, which replaces the prior authorization The FY25 outlook guides to another year of revenue growth, EBITDA that outpaces revenue, and earnings per share that grows even faster“In fiscal 2024 we made strides across our...

Coherent Corp. Reports Fourth Quarter and Full Year Fiscal 2024 Results

Written by Customer Service on August 15, 2024. Posted in Earnings Releases And Operating Results.

Q4 REVENUE OF $1.314B, GREW 9.1% Y/Y Q4 GAAP GROSS MARGIN OF 32.9%, GREW 437 bps Y/Y; Q4 NON-GAAP GROSS MARGIN OF 37.2%, GREW 132 bps Y/Y Q4 GAAP EPS OF ($0.52), IMPROVEMENT OF $1.02 Y/Y; Q4 NON-GAAP EPS OF $0.61, IMPROVEMENT OF $0.20 OR +49% Y/YPITTSBURGH, Aug. 15, 2024 (GLOBE NEWSWIRE) — Coherent Corp. (NYSE: COHR) (“Coherent,” “We,” or the “Company”), a global leader in materials, networking, and lasers, announced financial results today for its fiscal fourth quarter and full year ended June 30, 2024. Revenue for the fourth quarter of fiscal 2024 was $1.314 billion, with GAAP gross margin of 32.9% and GAAP net loss of $(0.52) per diluted share. On a non-GAAP basis, gross margin was 37.2% with net income per diluted share of $0.61. Revenue for fiscal year 2024 was $4.708 billion, with GAAP gross margin of 30.9% and GAAP net...

Applied Materials Announces Third Quarter 2024 Results

Written by Customer Service on August 15, 2024. Posted in Earnings Releases And Operating Results.

Revenue $6.78 billion, up 5 percent year over year GAAP operating margin 28.7 percent and non-GAAP operating margin 28.8 percent, up 0.7 points and 0.5 points year over year, respectively GAAP EPS $2.05 and non-GAAP EPS $2.12, up 11 percent and 12 percent year over year, respectively Generated $2.39 billion in cash from operationsSANTA CLARA, Calif., Aug. 15, 2024 (GLOBE NEWSWIRE) — Applied Materials, Inc. (NASDAQ: AMAT) today reported results for its third quarter ended Jul. 28, 2024. Third Quarter Results Applied generated record revenue of $6.78 billion. On a GAAP basis, the company reported gross margin of 47.3 percent, operating income of $1.94 billion or 28.7 percent of net revenue, and earnings per share (EPS) of $2.05. On a non-GAAP basis, the company reported gross margin of 47.4 percent, operating income of $1.95 billion...

NuCana Reports Second Quarter 2024 Financial Results and Provides Business Update

Written by Customer Service on August 15, 2024. Posted in Earnings Releases And Operating Results.

Key Data Readouts on Track for All Programs in 2024 Anticipated Cash Runway into Q1 2025 EDINBURGH, United Kingdom, Aug. 15, 2024 (GLOBE NEWSWIRE) — NuCana plc (NASDAQ: NCNA) announced financial results for the second quarter ended June 30, 2024 and provided an update on its broad clinical development program with its transformative ProTide therapeutics. As of June 30, 2024, NuCana had cash and cash equivalents of £11.6 million compared to £12.9 million as of March 31, 2024 and £17.2 million at December 31, 2023. NuCana continues to advance its numerous clinical programs and reported a net loss of £7.0 million for the quarter ended June 30, 2024, as compared to a net loss of £5.4 million for the quarter ended June 30, 2023. Basic and diluted loss per ordinary share was £0.12 for the quarter ended June 30, 2024, as compared to £0.10...

Inside information: KH Group’s group company Indoor Group launches an operating model reform programme aimed at improving profitability

Written by Customer Service on August 15, 2024. Posted in Public Companies.

KH Group Plc Inside information 15 August 2024 at 10.00 pm EEST Inside information: KH Group’s group company Indoor Group launches an operating model reform programme aimed at improving profitability Indoor Group, a group company of KH Group, has decided to launch an extensive operating model reform programme aimed at improving profitability. The operating model reform programme includes strategic and operational development initiatives in various areas in order to stabilise Indoor Group’s financial situation and to improve profitability in the very challenging furniture industry market environment. With the programme, Indoor Group aims for an annual operating profit improvement of at least EUR 10 million by the end of 2026. Based on current information, a significant part of the targeted profitability improvement is estimated to be realised...

Canadian General Investments, Limited Files 2024 Interim Report

Written by Customer Service on August 15, 2024. Posted in Public Companies.

TORONTO, Canada, Aug. 15, 2024 (GLOBE NEWSWIRE) — Canadian General Investments, Limited (the Company) (TSX: CGI)(LSE: CGI), announces that it has submitted its 2024 Interim Report, which includes the Management Report of Fund Performance and unaudited Financial Statements, to applicable Canadian securities regulators and to the National Storage Mechanism (https://data.fca.org.uk/#/nsm/nationalstoragemechanism). A PDF version of the document is also available at www.canadiangeneralinvestments.ca and at www.sedarplus.com. FOR FURTHER INFORMATION PLEASE CONTACT: Canadian General Investments, Limited Jonathan A. Morgan President & CEO Phone: (416) 366-2931 Fax: (416) 366-2729 e-mail: cgifund@mmainvestments.com website: www.canadiangeneralinvestments.ca

SKEL fjárfestingafélag hf.: Interim financial summary H1 2024

Written by Customer Service on August 15, 2024. Posted in Earnings Releases And Operating Results.

Attached is an announcement, investor presentation and financial summary of SKEL for the first half of 2024. An open presentation will be held on 16 August, 08:30 am, at the Prís premises located at Smáratorg 3, Kópavogi. At the meeting, Ásgeir Helgi Reykfjörð Gylfason, CEO, and Magnús Ingi Einarsson, CFO, will present the results and highlights of the Company’s operations. For further information, please contact Ásgeir Helgi Reykfjörð Gylfason, fjarfestar@skel.is. www.skel.isAttachmentsSKEL Financial Summary 1H 2024SKEL Announcement 1H 2024SKEL Investor Presentation 1H 2024

Toll Brothers Offers Quick Move-in Homes at Regency at Babcock Ranch 55+ Community in Punta Gorda, Florida

Written by Customer Service on August 15, 2024. Posted in Public Companies.

Move-in ready and quick move-in homes are now available in this exclusive active-adult master-planned community, featuring low-maintenance living and resort-style amenities BABCOCK RANCH, Fla., Aug. 15, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, is now offering quick move-in homes in Regency at Babcock Ranch, an active-adult 55+ community in southwest Florida offering three distinct collections of low-maintenance homes in Charlotte County. The community features luxury living and resort-style amenities in a serene setting. Toll Brothers offers homes available for buyers on every timeline, including the option to select a build-to-order home, a quick move-in home, or a home that is move-in ready. Stunning single-family and villa home designs already under construction in...

Day: August 15, 2024

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