Month: August 2024

Tree Island Steel Announces Second Quarter 2024 Results

Written by Customer Service on August 1, 2024. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, Aug. 01, 2024 (GLOBE NEWSWIRE) — Tree Island Steel (”Tree Island” or the ”Company”) (TSX: TSL) announced today its financial results for the three months ended June 30, 2024. For the three-month period ended June 30, 2024, revenues, net of freight and distribution costs, decreased by $9.6 million to $54.0 million, compared to $63.6 million in 2023. Gross profit for the quarter decreased to $4.6 million, from $9.1 million in the same period in 2023. Adjusted EBITDA amounted to $2.9 million, compared to $6.8 million during the same period in 2023. The largest drivers for the decreased earnings are the lower average selling prices and reduced spread over raw material costs. To a lesser extent, the shutdown of Etiwanda facility last year also impacted the volumes and revenue. For...

QUAINT OAK BANCORP, INC. ANNOUNCES SECOND QUARTER EARNINGS

Written by Customer Service on August 1, 2024. Posted in Earnings Releases And Operating Results.

Southampton, PA , Aug. 01, 2024 (GLOBE NEWSWIRE) — Quaint Oak Bancorp, Inc. (the “Company”) (OTCQB: QNTO), the holding company for Quaint Oak Bank (the “Bank”), announced today net income for the quarter ended June 30, 2024 of $100,000, or $0.04 per basic and diluted share, compared to net income of $570,000, or $0.25 per basic and diluted share, net, for the same period in 2023. Net income for the six months ended June 30, 2024 of $973,000, or $0.39 per basic and diluted share, net, compared to net income of $1.1 million, or $0.51 per basic diluted share, net, for the same period in 2023. Robert T. Strong, President and Chief Executive Officer stated, “Our earnings for this quarter ended June 30, 2024, are essentially flat. The primary reason for this result in net income was the relatively large reduction in our loans held for...

Farmers & Merchants Bancorp, Inc. Reports 2024 Second-Quarter and Year-to-Date Financial Results

Written by Customer Service on August 1, 2024. Posted in Earnings Releases And Operating Results.

ARCHBOLD, Ohio, Aug. 01, 2024 (GLOBE NEWSWIRE) — Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2024 second quarter and year-to-date ended June 30, 2024. 2024 Second Quarter Financial and Operating Highlights (on a year-over-year basis unless noted):85 consecutive quarters of profitability Net income was $5.7 million, or $0.42 per basic and diluted share Proceeds from collateral sales of $6.4 million were received from an agricultural based relationship. The proceeds enabled paydowns and payoffs on nonaccrual loans during the second quarter that included $5.3 million in principal paydown, and $1.0+ million pre-tax benefit to interest and fee income Net interest income after provision for credit losses increased 6.8% from December 31, 2023, primarily due to a stabilizing net interest...

Guggenheim Investments Announces August 2024 Closed-End Fund Distributions

Written by Customer Service on August 1, 2024. Posted in Dividend Reports And Estimates.

NEW YORK, Aug. 01, 2024 (GLOBE NEWSWIRE) — Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).The following dates apply to the distributions:Record Date August 15, 2024Ex-Dividend Date August 15, 2024Payable Date August 30, 2024 Distribution ScheduleNYSE Ticker Closed-End Fund Name Distribution Per Share Change from Previous Distribution FrequencyAVK Advent Convertible and Income Fund $0.1172† MonthlyGBAB Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust $0.12573† MonthlyGOF Guggenheim Strategic Opportunities Fund $0.1821† MonthlyGUG Guggenheim Active Allocation Fund $0.11875† Monthly†...

WalkMe Ltd. Announces Second Quarter 2024 Financial Results

Written by Customer Service on August 1, 2024. Posted in Earnings Releases And Operating Results.

2Q24 Subscription Revenue of $65.7 million an increase of 7% year-over-year. 2Q24 Non-GAAP Operating Income of $4.9 million or 7% of total revenues compared to a loss of ($2.3) million or (4%) of total revenues in 2Q23. Free Cash Flow of $11.1 million and 16% of total revenues compared to $5.2 million and 8% of total revenues in 2Q23.SAN FRANCISCO, Aug. 01, 2024 (GLOBE NEWSWIRE) — WalkMe Ltd. (NASDAQ:WKME), a leading provider of digital adoption solutions for effectively navigating technology change, today announced financial results for its second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights:Revenue: Subscription revenue was $65.7 million, an increase of 7% year-over-year. Total revenues were $69.5 million, an increase of 5% year-over-year. Gross Margin: GAAP Gross margin was 86%, compared to 82%...

Alaris Equity Partners Income Trust Releases 2024 Second Quarter Financial Results

Written by Customer Service on August 1, 2024. Posted in Earnings Releases And Operating Results.

NOT FOR DISTRIBUTION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW. TSX-AD.UN CALGARY, Alberta, Aug. 01, 2024 (GLOBE NEWSWIRE) — Alaris Equity Partners Income Trust (together, as applicable, with its subsidiaries, “Alaris” or the “Trust“) is pleased to announce its results for the three and six months ended June 30, 2024. The results are prepared in accordance with IFRS Accounting Standards as issued by the International Accounting Standards Board. All amounts below are in Canadian dollars unless otherwise noted. In January 2024, Alaris determined that it met the definition of an investment entity, as defined by IFRS 10, Consolidated financial statements. This change...

Fresh Vine Wine, Inc. and Notes Live, Inc. Mutually Agree to Terminate Merger Agreement

Written by Customer Service on August 1, 2024. Posted in Mergers And Acquisitions.

CHARLOTTE, N.C., Aug. 01, 2024 (GLOBE NEWSWIRE) — Fresh Vine Wine Inc. (NYSE American: VINE) (“Fresh Vine”) today announced it has agreed with Notes Live, Inc. to terminate their previously announced merger agreement, originally announced on January 29, 2024, pursuant to which Notes Live would have combined with, and become a wholly-owned subsidiary of, Fresh Vine. The merger agreement provided for termination rights, subject to certain exceptions, in favor of either party if the merger contemplated by the merger agreement was not consummated by a July 31, 2024 end date. Conditions to the closing of the merger were not satisfied as of the end date and Notes Live indicated its desire to terminate the transaction. Following discussions between Fresh Vine and Notes Live, the parties mutually agreed to terminate the merger agreement....

Host Hotels & Resorts Provides Updated Second Quarter 2024 Investor Presentation

Written by Customer Service on August 1, 2024. Posted in Public Companies.

BETHESDA, Md., Aug. 01, 2024 (GLOBE NEWSWIRE) — Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation’s largest lodging real estate investment trust, today provided an updated investor presentation for second quarter 2024 results. The investor presentation can be found on the Investor Relations section on the Company’s website at https://www.hosthotels.com/#key-investors-materials. ABOUT HOST HOTELS & RESORTS Host Hotels & Resorts, Inc. is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 76 properties in the United States and five properties internationally totaling approximately 43,400 rooms. The Company also holds non-controlling interests in seven domestic and one international...

Toll Brothers’ Website to Broadcast Its Third Quarter 2024 Earnings Conference Call Live on August 21, 2024 at 8:30 a.m. (ET)

Written by Customer Service on August 1, 2024. Posted in Public Companies.

ArdenGreat Falls, VAFORT WASHINGTON, Pa., Aug. 01, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, will broadcast live on its website, www.TollBrothers.com, a conference call to discuss results for its third quarter ended July 31, 2024. The call is scheduled for 8:30 a.m. (ET) on Wednesday, August 21, 2024 and will be hosted by Douglas C. Yearley, Jr., chairman and chief executive officer. The Company will announce its third quarter FY 2024 results after the market close on Tuesday, August 20, 2024. The call can be accessed through the Investor Relations portion of the Toll Brothers website, www.TollBrothers.com. To hear the call, enter the Toll Brothers website, then click on the Investor Relations page, and select “Events & Presentations.” The call can be heard...

FDA Grants Orphan Drug Designation to Cellectis’ CLLS52 (alemtuzumab) For ALL Treatment

Written by Customer Service on August 1, 2024. Posted in Public Companies.

NEW YORK, Aug. 01, 2024 (GLOBE NEWSWIRE) — Cellectis (the “Company”) (Euronext Growth: ALCLS – NASDAQ: CLLS), a clinical-stage biotechnology company using its pioneering gene-editing platform to develop life-saving cell and gene therapies, today announced that the U.S. Food and Drug Administration (FDA) has granted Orphan Drug Designation (ODD) to Cellectis’ CLLS52 (alemtuzumab), an Investigational Medicinal Product (IMP) used as part of the lymphodepletion regimen associated with UCART22, evaluated in the BALLI-01 clinical trial in relapsed/refractory B-cell acute lymphoblastic leukemia (ALL). “We are excited that the FDA granted CLLS52 (alemtuzumab) ODD designation status. The importance of adding alemtuzumab to the lymphodepletion regimen has been demonstrated in Cellectis’ BALLI-01 study, where the addition of this lymphodepletion...

Month: August 2024

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