Month: August 2024

Artesian Resources Corporation Reports Second Quarter and Year-to-Date 2024 Results

Written by Customer Service on August 5, 2024. Posted in Earnings Releases And Operating Results.

NEWARK, Del., Aug. 05, 2024 (GLOBE NEWSWIRE) — Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider on the Delmarva Peninsula of water and wastewater services, and a number of other related business services, today announced second quarter and year-to-date results for 2024. Second Quarter Results Net income was $5.3 million, a $0.9 million, or 19.9%, increase compared to net income recorded for the three months ended June 30, 2023. Diluted net income per share was $0.52, an 18.2% increase compared to $0.44 for the same period in 2023. Revenues totaled $27.4 million for the three months ended June 30, 2024, $2.2 million, or 8.6%, more than revenues for the three months ended June 30, 2023. Water sales revenue increased $1.9 million, or 9.0%, primarily as a result of a temporary rate increase placed into effect on...

EverQuote Announces Record Second Quarter 2024 Financial Results

Written by Customer Service on August 5, 2024. Posted in Earnings Releases And Operating Results.

Revenue Grows 72% Year-Over-Year to $117.1 million Variable Marketing Margin Increases 48% Year-Over-Year to $36.5 million Delivers Net Income of $6.4 million and Adjusted EBITDA of $12.9 millionCAMBRIDGE, Mass., Aug. 05, 2024 (GLOBE NEWSWIRE) — EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, today announced financial results for the second quarter ended June 30, 2024. “EverQuote continued building momentum in the second quarter, and our operating results once again exceeded the high-end of our guidance range and drove record results for revenue, Variable Marketing Margin, or VMM, and Adjusted EBITDA,” said Jayme Mendal, CEO of EverQuote. “The auto insurance recovery continues to progress, with carriers steadily improving underwriting profitability, and moving to reactivate campaigns, restore budgets,...

Gaia Reports Second Quarter 2024 Results

Written by Customer Service on August 5, 2024. Posted in Earnings Releases And Operating Results.

BOULDER, Colo., Aug. 05, 2024 (GLOBE NEWSWIRE) — Gaia, Inc. (NASDAQ: GAIA), a conscious media and community company, reported financial results for the second quarter ended June 30, 2024. Highlights:Revenue growth of 11% and member growth of 10% from the year-ago quarter. Operating cash flows for the first half of 2024 improved by $2.6 million and free cash flow improved by $2.0 million from the same period in 2023. Gaia subsidiary completed transactions raising $12 million. “During the second quarter, which is our seasonally slowest, we grew revenue 11% and members 10% year over year, while delivering positive free cash flow. We expect the positive cash flow generation to continue with revenue growth increasing to about 15% in the fourth quarter,” said Jirka Rysavy, Gaia’s Executive Chairman. “In 2016 we invested $10 million...

Nokia Corporation: Repurchase of own shares on 05.08.2024

Written by Customer Service on August 5, 2024. Posted in Public Companies.

Nokia CorporationStock Exchange Release05 August 2024 at 22:30 EET Nokia Corporation: Repurchase of own shares on 05.08.2024 Espoo, Finland – On 05 August 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*XHEL 1,932,653 3.42CEUX 712,269 3.42BATE – –AQEU – –TQEX – –Total 2,644,922 3.42* Rounded to two decimals On 25 January 2024, Nokia announced that its Board of Directors is initiating a share buyback program to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program started on 20 March 2024. On 19 July 2024, Nokia decided to accelerate the share buybacks by increasing...

Fnac Darty: NOTICE OF SUSPENSION OF THE REVIEW PERIOD BY CONSOB

Written by Customer Service on August 5, 2024. Posted in Public Companies.

Ivry-sur-Seine, France — August 5, 2024, 8:00 pm CEST THE RELEASE, PUBLICATION OR DISTRIBUTION OF THIS PRESS RELEASE IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IS NOT PERMITTED IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR ANY OTHER COUNTRY WHERE SUCH COMMUNICATION WOULD VIOLATE THE RELEVANT APPLICABLE REGULATION PRESS RELEASE NOTICE OF SUSPENSION OF THE REVIEW PERIOD PURSUANT TO ARTICLE 38, PARAGRAPH 1, OF THE REGULATION ADOPTED BY CONSOB BY RESOLUTION NO. 11971 OF MAY 14, 1999, AS SUBSEQUENTLY INTEGRATED AND AMENDED (THE “ISSUERS’ REGULATION”). With reference to the offer document filed with Consob on July 29, 2024 (the “Offer Document”) concerning the voluntary public tender and exchange offer (the “Offer”) pursuant to Articles 102 and 106, paragraph 4, of the Italian Legislative Decree no. 58 of February 24,...

Cityview & Wafra Acquire Newly Constructed 221-Unit Multifamily Project in Silver Lake

Written by Customer Service on August 5, 2024. Posted in Mergers And Acquisitions.

Silva to offer highly curated amenities, 360-degree views of Los Angeles LOS ANGELES, Aug. 05, 2024 (GLOBE NEWSWIRE) — Cityview, a premier multifamily investment management and development firm, and Wafra, a global alternative investment manager, have acquired Silva, a newly constructed 221-unit, Class A multifamily community in the Silver Lake neighborhood of Northeast Los Angeles. Situated on a hilltop that provides 360-degree views of the city, Silva is the first institutional grade multifamily asset of its size delivered in the Silver Lake/Echo Park neighborhoods. Silva is currently unleased and recently achieved Temporary Certificate of Occupancy. Cityview and Wafra will lease up the community as construction is finalized and Certificate of Occupancy is obtained. “Silva is a rare opportunity to acquire a newly constructed...

Virtú Investments Acquires San Diego Multifamily Property ALX

Written by Customer Service on August 5, 2024. Posted in Mergers And Acquisitions.

ALX San Diego External ViewExternal view of ALX San DiegoALX San Diego Rooftop PoolRooftop daytime view of the ALX San Diego saltwater poolALX San Diego Outdoor LoungeOutdoor lounge area on the first floor of ALX San DiegoLARKSPUR, Calif., Aug. 05, 2024 (GLOBE NEWSWIRE) — Virtú Investments (“Virtú”), a multifamily real estate investment firm primarily engaged in the acquisition and management of apartment properties in the western United States, today announced it has acquired ALX, a 313-unit multifamily property in San Diego, CA. Virtú sees San Diego as an ideal location for investment based on the city’s limited housing supply and current property valuations that have fallen to a low point from their 2021 peak. The acquisition of ALX further strengthens Virtú’s position in Southern California. The San...

Coface SA: confirms its very good start to the year with a net income of €142.3m, up 10%

Written by Customer Service on August 5, 2024. Posted in Earnings Releases And Operating Results.

Coface confirms its very good start to the year with a net income of €142.3m, up 10% Paris, 5 August 2024 – 17.35Turnover: €923m, down -3.1% at constant FX and perimeterCredit insurance premiums down -5.3%; client activity remains slightly negative Client retention still high (92.8%) but down from 2023 record; pricing effect remained negative (-1.4%) in line with historical trends Renewed double-digit growth in information services (+16.9% at constant FX) and debt collection (+20.3% vs. a low base); factoring down -2.6% but up 1.0% in Q2Net loss ratio at 35.0%, improved by 5.3 ppts; net combined ratio at 63.4%, improved by 3.2 pptsGross loss ratio at 32.5%, improved by 6.9 ppts with stable opening reserving and high reserve releases Net cost ratio up by 3.2 ppts to 28.4%, reflecting lower revenues, offset by a better product...

Koil Energy Solutions, Inc. Announces Second Quarter 2024 Results

Written by Customer Service on August 5, 2024. Posted in Earnings Releases And Operating Results.

Second Quarter HighlightsRevenues of $5.8 million increased 65% year-over-year Gross profit of $2.0 million increased 96% year-over-year Net income of $1.0 million increased $1.4 million year-over-year Adjusted EBITDA of $1.2 million increased $1.4 million year-over-yearHOUSTON, Aug. 05, 2024 (GLOBE NEWSWIRE) — Koil Energy Solutions, Inc. (OTCQB: KLNG) (“KOIL”, or the “Company”), a specialist in deepwater production and distribution equipment and services, today reported results for the three and six months ended June 30, 2024. KOIL at a Glance:Share Price†: $1.01 Cash*: $1.5M52-Week Range†: $0.42 – $1.12 Book Value*: $7.2MShares Out.†: 12.2M Price / Book Value: 1.7xMarket Cap†: $12.3M TTM Revenue: $19.7M*As of 06/30/24;†As of 08/02/24 “We achieved yet another quarter of strong performance...

Invitation to presentation of Scatec ASA’s second quarter results 2024

Written by Customer Service on August 5, 2024. Posted in Earnings Releases And Operating Results.

Oslo, 5 August 2024: Scatec ASA will release its second quarter and first half results on Friday 16 August 2024 at 07:00 am (CEST). A presentation of the results followed by a Q&A session will be held on the same day at 09:00 am at Scatec’s headquarters at Skøyen Atrium III (1st floor), Askekroken 11, 0277 Oslo. The presentation and the Q&A session can be followed through a live webcast from our website www.scatec.com, or Scatec webcast Q2 2024. For further information, please contact: For analysts and investors: Andreas Austrell, VP IR, andreas.austrell@scatec.com For media: Meera Bhatia, SVP External Affairs & Communications, meera.bhatia@scatec.com About Scatec  Scatec is a leading renewable energy solutions provider, accelerating access to reliable and affordable clean energy in emerging markets. As a long-term...

Month: August 2024

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