Day: August 28, 2024

IREN Reports Full Year FY24 Results

Written by Customer Service on August 28, 2024. Posted in Earnings Releases And Operating Results.

Record Adjusted EBITDA of $54.7 million in FY24 On track for 30 EH/s in 2024 AI business strategy update SYDNEY, Aug. 28, 2024 (GLOBE NEWSWIRE) — IREN (Iris Energy Limited) (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today reported its financial results for the full year ended June 30, 2024. All $ amounts are in United States Dollars (“USD”) unless otherwise stated. “We are pleased to report our full year FY24 results, which highlights continued growth across revenue, earnings and cashflow,” said Daniel Roberts, Co-Founder and Co-CEO of IREN. “Our 2024 guidance remains unchanged. With 15 EH/s installed, we are well on track to achieve our 20 EH/s milestone next month and 30 EH/s this year.” Full Year FY24...

NVIDIA Announces Financial Results for Second Quarter Fiscal 2025

Written by Customer Service on August 28, 2024. Posted in Earnings Releases And Operating Results.

NVIDIA corporate headquartersNVIDIA corporate headquarters in Silicon ValleyRecord quarterly revenue of $30.0 billion, up 15% from Q1 and up 122% from a year ago Record quarterly Data Center revenue of $26.3 billion, up 16% from Q1 and up 154% from a year agoSANTA CLARA, Calif., Aug. 28, 2024 (GLOBE NEWSWIRE) — NVIDIA (NASDAQ: NVDA) today reported revenue for the second quarter ended July 28, 2024, of $30.0 billion, up 15% from the previous quarter and up 122% from a year ago. For the quarter, GAAP earnings per diluted share was $0.67, up 12% from the previous quarter and up 168% from a year ago. Non-GAAP earnings per diluted share was $0.68, up 11% from the previous quarter and up 152% from a year ago. “Hopper demand remains strong, and the anticipation for Blackwell is incredible,” said Jensen Huang, founder and...

HP Inc. Reports Fiscal 2024 Third Quarter Results

Written by Customer Service on August 28, 2024. Posted in Earnings Releases And Operating Results.

PALO ALTO, Calif., Aug. 28, 2024 (GLOBE NEWSWIRE) — HP (NYSE: HPQ)Third quarter GAAP diluted net earnings per share (“EPS”) of $0.65, within the previously provided outlook of $0.63 to $0.77 per share Third quarter non-GAAP diluted net EPS of $0.83, within the previously provided outlook of $0.78 to $0.92 per share Third quarter net revenue of $13.5 billion, up 2.4% from the prior-year period Third quarter net cash provided by operating activities of $1.4 billion, free cash flow of $1.3 billion Third quarter returned $0.9 billion to shareholders in the form of share repurchases and dividends Share repurchase authorization increased to $10.0 billionHP Inc.’s fiscal 2024 third quarter financial performance Q3 FY24 Q3 FY23 Y/YGAAP net revenue ($B) $ 13.5 $ 13.2 2.4 %GAAP operating margin 7.0% 7.2% (0.2 )...

Applied Digital Reports Fiscal Fourth Quarter and Full Year 2024 Results

Written by Customer Service on August 28, 2024. Posted in Earnings Releases And Operating Results.

DALLAS, Aug. 28, 2024 (GLOBE NEWSWIRE) — Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder, and operator of next-generation digital infrastructure designed for high-performance computing (“HPC”) applications, cloud services (“Cloud Services”), and data center hosting (“Data Center Hosting”), reported financial results for the fiscal fourth quarter and full year ended May 31, 2024. The Company also provided an operational update. Fiscal Fourth Quarter 2024 Financial and Operational HighlightsFiscal fourth quarter 2024 revenue of $43.7 million Fiscal fourth quarter 2024 net loss of $64.8 million Fiscal fourth quarter 2024 adjusted net loss of $45.3 million, which was negatively impacted by $15.5 million of expenses associated with facilities and equipment...

CooperCompanies Announces Third Quarter 2024 Results

Written by Customer Service on August 28, 2024. Posted in Earnings Releases And Operating Results.

SAN RAMON, Calif., Aug. 28, 2024 (GLOBE NEWSWIRE) — CooperCompanies (Nasdaq: COO), a leading global medical device company, today announced financial results for its fiscal third quarter ended July 31, 2024.Revenue increased 8% year-over-year to $1,002.8 million. CooperVision (CVI) revenue up 7% to $675.6 million, and CooperSurgical (CSI) revenue up 9% to $327.2 million. GAAP diluted earnings per share (EPS) of $0.52, up $0.09 or 22% from last year’s third quarter. Non-GAAP diluted EPS of $0.96, up $0.12 or 14% from last year’s third quarter. See “Reconciliation of Selected GAAP Results to Non-GAAP Results” below.Commenting on the results, Al White, Cooper’s President and CEO said, “Our strong performance this quarter reflects the strength of our business, the successful execution on our...

Victoria’s Secret & Co. Reports Second Quarter 2024 Results

Written by Customer Service on August 28, 2024. Posted in Earnings Releases And Operating Results.

Sales performance sequentially improved for fourth consecutive quarter Quarterly operating income growth for first time since 2021 Raises full year 2024 outlook and provides third quarter guidance REYNOLDSBURG, Ohio, Aug. 28, 2024 (GLOBE NEWSWIRE) — Victoria’s Secret & Co. (“Victoria’s Secret” or the “Company”) (NYSE: VSCO) today reported financial results for the second quarter ended August 3, 2024. Interim Chief Executive Officer and Chief Financial and Administrative Officer Timothy (TJ) Johnson commented, “Our financial results for the second quarter came in at the high end of expectations and we delivered year-over-year quarterly operating income growth for the first time since 2021. We were encouraged by the continued sequential improvement in quarterly sales results in North America for the fourth consecutive quarter,...

Gaming and Leisure Properties, Inc. Declares Third Quarter 2024 Cash Dividend of $0.76 Per Share

Written by Customer Service on August 28, 2024. Posted in Dividend Reports And Estimates.

WYOMISSING, Pa., Aug. 28, 2024 (GLOBE NEWSWIRE) — Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”), announced today that the Company’s Board of Directors has declared the third quarter 2024 cash dividend of $0.76 per share of its common stock. The dividend is payable on September 27, 2024 to shareholders of record on September 13, 2024. The third quarter 2023 cash dividend was $0.73 per share of the Company’s common stock. While the Company intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends will be reviewed quarterly and declared by the Board of Directors at its discretion. About Gaming and Leisure PropertiesGLPI is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements,...

Prospect Capital Announces June 2024 Financial Results and Declares 86th Consecutive $0.06 Dividend

Written by Customer Service on August 28, 2024. Posted in Dividend Reports And Estimates.

NEW YORK, Aug. 28, 2024 (GLOBE NEWSWIRE) — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter and fiscal year ended June 30, 2024. Prospect Capital Corporation celebrates its 20th anniversary as a leading provider of private debt and equity to U.S. middle-market companiesLong History and Large Scale: Prospect is one of the largest ($7.9B in total assets) and oldest publicly traded BDCs. Founded in 2004, Prospect’s 20-year history began before and invested during and across the Great Financial Crisis, unlike the vast bulk of other BDCs with much shorter histories.Downside Protection Focus: 81% of portfolio in first lien, secured, or underlying secured assets.Multi-Line BDC: Multiple strategies – middle-market lending (52%), middle-market lending...

InspireSemi to Issue Shares Related to Annual Interest Payment on Certain Outstanding Debentures

Written by Customer Service on August 28, 2024. Posted in Public Companies.

VANCOUVER, British Columbia and AUSTIN, Texas, Aug. 28, 2024 (GLOBE NEWSWIRE) — Inspire Semiconductor Holdings Inc. (TSXV: INSP) (“InspireSemi” or the “Company”), a chip design company that provides revolutionary high-performance, energy-efficient accelerated computing solutions for High Performance Computing (HPC), AI, graph analytics, and other compute-intensive workloads, announces that it will issue an aggregate of up to 13,645.67 proportionate voting shares in the capital of the Company (the “PV Shares“) at a deemed issuance price of $17.50 per PV Share to settle in full $238,800 in interest owing (the “Interest Payment“) to the holders of outstanding 10% unsecured convertible debentures issued on August 25, 2023 (the “Debentures“). Unless otherwise indicated, all dollar amounts in this...

WestBond reports Financial Results for the Quarter ended June 30, 2024

Written by Customer Service on August 28, 2024. Posted in Earnings Releases And Operating Results.

DELTA, British Columbia, Aug. 28, 2024 (GLOBE NEWSWIRE) — WestBond Enterprises Corporation (TSX-V: WBE) is pleased to announce that the company has returned to profitability. Net profit for the quarter ended June 30, 2024 was $12,566 (compared to a $69,374 loss for the three months ended June 30, 2023). Sales were $2,267,376 for this quarter ended June 30, 2024, which is 19.6% higher than the quarter ended March 31, 2024. As the company continues to add to its production and materials handling staff, more timely shipment of orders is expected. Sales volume continues to grow in all product categories and profits are expected to increase accordingly. The company continues to focus on the food service (hospitality) industry with its expanding product line of high-end, air laid napkins. Recently installed equipment should allow us...

Day: August 28, 2024

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