Day: August 20, 2024

3D Systems Reports First Quarter 2024 Financial Results

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

ROCK HILL, S.C., Aug. 20, 2024 (GLOBE NEWSWIRE) — 3D Systems Corporation (NYSE:DDD) announced today its financial results for the first quarter ended March 31, 2024. First Quarter Financial Results and Recent Business Highlights (All numbers are unaudited and are presented in millions, except per share amounts or as otherwise noted) Q1’24 revenue of $102.9 million decreased 15.1% year-over-year primarily driven by lower printer sales, partially offset by growth in materials and services Q1’24 gross profit margin of 39.8% and Non-GAAP gross profit margin(1) of 40.1%. Improvements from prior year primarily driven by favorable mix GAAP Q1’24 Net loss of $16.0 million or diluted loss per share of $0.12, including approximately $5 million (or $0.04 per share) of fees in excess of original estimates related to extended...

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Chuy’s Holdings, Inc. Announces Record Date and Special Meeting of Stockholders

Written by Customer Service on . Posted in Mergers And Acquisitions.

AUSTIN, Texas, Aug. 20, 2024 (GLOBE NEWSWIRE) — Chuy’s Holdings, Inc. (“Chuy’s”) (NASDAQ: CHUY) today announced that the record date for determining stockholders entitled to vote at its Special Meeting of Stockholders (the “Special Meeting”) to, among other things, consider and vote upon a proposal to adopt the previously announced Agreement and Plan of Merger, dated as of July 17, 2024 (the “Merger Agreement”), by and among Chuy’s, Darden Restaurants, Inc. (“Darden”), and Cheetah Merger Sub Inc., pursuant to which Chuy’s would be acquired by way of merger and become an indirect, wholly-owned subsidiary of Darden (the “Merger”), will be August 30, 2024. The Special Meeting will be held at 9:00 a.m. Central Time on Thursday, October 10, 2024 at the Chuy’s headquarters located at 1623 Toomey Rd., Austin, TX 78704. Attendance at the...

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La-Z-Boy Incorporated Reports Solid First Quarter Results with Sales Up 3%; First Quarter Operating Cash Flow Doubles to $52 Million

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

Fiscal 2025 First Quarter Highlights: Consolidated delivered sales of $496 million Up 3% versus prior year Wholesale segment sales increased 5% on growth to external customers Delivered sales and Non-GAAP(1) operating margin in line with guidance GAAP diluted EPS of $0.61 Non-GAAP(1) diluted EPS of $0.62 Generated $52 million in operating cash flow for the quarter MONROE, Mich., Aug. 20, 2024 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB), a global leader in the retail and manufacture of residential furniture, today reported first quarter results for the period ended July 27, 2024. For the quarter, sales totaled $496 million, an increase of 3% against the prior year comparable period. Operating margin was 6.5% for the quarter on a GAAP basis and 6.6% on a Non-GAAP(1) basis. Diluted earnings per share totaled $0.61...

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Alpine Income Property Trust Declares Dividend for the Third Quarter 2024

Written by Customer Service on . Posted in Dividend Reports And Estimates.

WINTER PARK, Fla., Aug. 20, 2024 (GLOBE NEWSWIRE) — Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that its Board of Directors has authorized, and the Company has declared, a quarterly cash dividend of $0.280 per share of common stock for the third quarter of 2024 (the “Common Stock Cash Dividend”). The Common Stock Cash Dividend represents a 1.8% increase as compared to the Company’s previous quarterly cash dividend of $0.275 per share of common stock and an annualized yield of approximately 6.4% based on the closing price of the Company’s common stock on August 19, 2024. The Common Stock Cash Dividend is payable on September 30, 2024, to stockholders of record as of the close of business on September 12, 2024, and the ex-dividend date for the Common Stock Cash Dividend is September 12, 2024. About...

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CTO Realty Growth Declares Dividends for the Third Quarter 2024

Written by Customer Service on . Posted in Dividend Reports And Estimates.

WINTER PARK, Fla., Aug. 20, 2024 (GLOBE NEWSWIRE) — CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) announced today that its Board of Directors has authorized, and the Company has declared, a quarterly cash dividend of $0.38 per share of common stock for the third quarter of 2024 (the “Common Stock Cash Dividend”). The Common Stock Cash Dividend represents an annualized yield of approximately 7.9% based on the closing price of the Company’s common stock on August 19, 2024. The Common Stock Cash Dividend is payable on September 30, 2024, to stockholders of record as of the close of business on September 12, 2024, and the ex-dividend date for the Common Stock Cash Dividend is September 12, 2024. The Board of Directors also authorized, and the Company has declared, a quarterly cash dividend of $0.39844 per share of the...

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Coca-Cola Consolidated Announces Dividend Increase and Share Repurchase Program

Written by Customer Service on . Posted in Dividend Reports And Estimates.

Quarterly dividend increased to $2.50 per share, up from $0.50 per share Board of Directors approves $1.0 billion share repurchase program CHARLOTTE, N.C., Aug. 20, 2024 (GLOBE NEWSWIRE) — Coca‑Cola Consolidated, Inc. (NASDAQ: COKE) announced today that its Board of Directors increased the Company’s quarterly dividend to $2.50 per share (up from $0.50 per share). The increased dividend will be payable November 8, 2024 to Common Stock and Class B Common Stock stockholders of record as of October 25, 2024. The Company’s Board of Directors also approved a $1.0 billion share repurchase program for the Company’s Common Stock. The authorization to repurchase shares is at management’s discretion with respect to the timing and amount of the repurchases. “As we’ve previously stated, the progress we’ve made improving our profitability...

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Windtree Therapeutics Reports Second Quarter 2024 Financial Results and Provides Key Business Updates

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

WARRINGTON, Pa., Aug. 20, 2024 (GLOBE NEWSWIRE) — Windtree Therapeutics, Inc. (“Windtree” or the “Company”) (NasdaqCM: WINT), a biotechnology company focused on advancing early and late-stage innovative therapies for critical conditions, today reported financial results for the second quarter ended June 30, 2024 and provided key business updates. “The second quarter of 2024 was marked with significant progress with our lead asset, istaroxime in development for the treatment of cardiogenic shock. We expect the istaroxime Phase 2 SEISMiC Extension study to complete enrollment in the next few weeks and we plan to report topline data by the end of the third quarter of 2024. We are also supporting our regional partner, Lee’s Pharmaceutical, in their planned istaroxime Phase 3 program in acute heart failure,” said Craig Fraser, Chairman...

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Quisitive Reports Second Quarter 2024 Financial Results

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

TORONTO, Aug. 20, 2024 (GLOBE NEWSWIRE) — Quisitive Technology Solutions Inc. (“Quisitive” or the “Company”) (TSXV: QUIS, OTCQX: QUISF), a premier Microsoft Cloud and AI solutions provider, today reported financial results for the second quarter ended June 30, 2024. Management Commentary“The first half of 2024 has unfolded as anticipated, with consistent revenue and earnings, alongside promising growth in customer demand,” stated Quisitive CEO Mike Reinhart. “Our AI roadmap services have been met with strong customer interest, resulting in a robust backlog of engagements. This is a positive sign, as the initial readiness phase is crucial for setting the stage for the full-scale AI deployment in 2025, which is key to maximizing our AI investment returns. With 90% of our first-half revenue coming from long-standing customers, we...

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Altair Responds to Matrix Capital Management Statement on Altair Holdings

Written by Customer Service on . Posted in Public Companies.

TROY, Mich., Aug. 20, 2024 (GLOBE NEWSWIRE) — Altair (Nasdaq: ALTR), a global leader in computational intelligence, today responded to a statement from Matrix Capital Management. “In response to today’s announcement from Matrix Capital Management, we appreciate its strong support over the years and its decision to maintain its full position in Altair, recognizing our long-term strategic value,” said James R. Scapa, founder, chairman, and chief executive officer, Altair. About Altair Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable...

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Lottery.com Finalizes Agreement Terms for S&MI Ltd Acquisition

Written by Customer Service on . Posted in Mergers And Acquisitions.

LONDON, Aug. 20, 2024 (GLOBE NEWSWIRE) — Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or the “Company”), a leading online lottery services provider, is pleased announce it has finalized terms for the acquisition of S&MI Ltd. (“S&MI”), the innovative technology company behind the current Sports.com brand and app. The total acquisition price is to be satisfied with equity of common stock in Lottery.com priced at $3.00 per share. The acquisition of S&MI significantly enhances the long-term value of the Sports.com brand, unlocking substantial growth opportunities in key target markets, including the Middle East and North Africa. This acquisition will further strengthen Sports.com’s global profile and future prospects, solidifying its position as a leading force in the industry. The acquisition is scheduled...

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