Month: August 2024

Regeneron Provides Update on Biologics License Application for Linvoseltamab

Written by Customer Service on August 20, 2024. Posted in Public Companies.

TARRYTOWN, N.Y., Aug. 20, 2024 (GLOBE NEWSWIRE) — Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) today announced that the U.S. Food and Drug Administration (FDA) has issued a Complete Response Letter (CRL) for the Biologics License Application (BLA) for linvoseltamab in relapsed/refractory (R/R) multiple myeloma (MM) that has progressed after at least three prior therapies. This anticipated outcome was previously disclosed during Regeneron’s second quarter 2024 earnings call. The sole approvability issue identified is related to findings from a pre-approval inspection at a third-party fill/finish manufacturer for another company’s product candidate. The third-party fill/finish manufacturer has since informed Regeneron that it believes the findings have been resolved, their facility is awaiting reinspection by the FDA, and it is...

Dada Announces Unaudited Second Quarter 2024 Financial Results

Written by Customer Service on August 20, 2024. Posted in Earnings Releases And Operating Results.

SHANGHAI, China, Aug. 20, 2024 (GLOBE NEWSWIRE) — Dada Nexus Limited (NASDAQ: DADA, “Dada”, the “Company”, or “we”), China’s leading local on-demand retail and delivery platform, today announced its unaudited financial results for the second quarter ended June 30, 2024. “I am grateful for the Board’s trust and honored to take on the responsibilities of Chairman. With the Board’s vision and leadership, we remain optimistic about the journey ahead of us in the on-demand retail and delivery industries,” said Mr. Kevin Qing Guo, Chairman of the Board of Dada. “In the second quarter of 2024, our focus on user experience and high-quality development continued to bear significant fruits. JD NOW1 recorded over 100% year-on-year growth in both monthly transacting users2 and orders through the JD App in the second quarter of 2024. Dada NOW3...

Atico Reports Consolidated Financial Results for Second Quarter of 2024

Written by Customer Service on August 20, 2024. Posted in Earnings Releases And Operating Results.

(All amounts expressed in US dollars, unless otherwise stated) VANCOUVER, British Columbia, Aug. 20, 2024 (GLOBE NEWSWIRE) — Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTC: ATCMF) today announced its financial results for the three months ended June 30, 2024, posting income from mining operations of $2.6 million and a net loss of $0.4 million. Production for the period at Atico’s El Roble mine totaled 3.7 million pounds (“lbs”) of copper and 2,850 ounces (“oz”) of gold in concentrate at a cash cost(1) of $1.48 per payable pound of copper(2). Fernando E. Ganoza, CEO and Director, commented, “this period we had improvements in almost all operational metrics when compared to the previous quarter and same period last year. However, these improvements are not reflected in this period’s revenue and income as a...

Fountain Asset Corp. Announces its Financial Results for the Quarter Ended June 30, 2024

Written by Customer Service on August 20, 2024. Posted in Earnings Releases And Operating Results.

TORONTO, Aug. 20, 2024 (GLOBE NEWSWIRE) — Fountain Asset Corp. (TSXV:FA) (“Fountain” or the “Company”) would like to announce its financial results for the three and six months ended June 30, 2024 (“Q2/24”). Highlights from three months ended June 30, 2024:NAV of $5.73 million ($0.09/share) at June 30, 2024 compared to $6.22 million ($0.10/share) at March 31, 2024, representing a 10% decrease on a quarter over quarter per share basis. NAV is calculated as the value of total assets less the value of total liabilities; Net comprehensive losses of $0.49 million compared to net comprehensive losses of $0.70 million for the quarter ended June 30, 2023 (“Q2/23”); Total losses from investment activity was $0.27 million compared to losses of $0.53 million for Q2/23; Net realized gains on the sale of portfolio investments of $0.17 million...

ANY LAB TEST NOW AND ARCPOINT CREATE LARGEST FRANCHISE DIRECT ACCESS LAB TESTING GROUP IN THE UNITED STATES

Written by Customer Service on August 20, 2024. Posted in Public Companies.

Greenville, South Carolina, Aug. 20, 2024 (GLOBE NEWSWIRE) — ARCpoint Inc. (TSXV: ARC) (the “Company” or “ARCpoint”) is pleased to announce that it has entered into a transaction, dated August 20, 2024, with Any Lab Test Now, (“ALTN”) and is finalizing the process to bring together the franchise operations of both companies into a new joint venture company, CRESSO Brands, LLC. (“CRESSO”). Any Lab Test Now CEO, Clarissa Bradstock, commented “By combining our two franchise operations, we will not only create the largest franchise network of its kind in the United States, but we expect to capitalize on the respective strengths of both franchise groups to improve both individual unit and overall economic performance. As a collaborative group, we believe that ARCpoint franchisees will benefit from the Any Lab Test Now experience gained...

Rendering Speculation Unnecessary, TrustCo Delivers Again With a Quarterly Dividend of $0.36 Per Share

Written by Customer Service on August 20, 2024. Posted in Dividend Reports And Estimates.

GLENVILLE, N.Y., Aug. 20, 2024 (GLOBE NEWSWIRE) — The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) on August 20, 2024, declared a quarterly cash dividend of $0.36 per share, or $1.44 per share on an annualized basis. The dividend will be payable on October 1, 2024 to shareholders of record at the close of business on September 6, 2024. Chairman, President, and Chief Executive Officer Robert J. McCormick said: “While investors and market-watchers are speculating about what will happen with interest rates, Trustco Bank delivers again this quarter with a consistent and meaningful dividend, as it has done each quarter for over a century. We are very proud that our strength and liquidity permit us to continue this tradition.” About TrustCo Bank Corp NYTrustCo Bank Corp NY is a $6.1 billion savings and loan holding...

Canadian Net REIT Announces 2024 Second-Quarter Results

Written by Customer Service on August 20, 2024. Posted in Public Companies.

REIT also announces monthly distributions for Q4 2024 MONTRÉAL, Aug. 20, 2024 (GLOBE NEWSWIRE) — Canadian Net Real Estate Investment Trust (“Canadian Net” or the “REIT”) (TSX-V: NET.UN) today reported its results for the quarter ended June 30th, 2024 (“Q2 2024”). The REIT also announced distributions for the months of October, November and December 2024. “Our FFO per unit1 had a 4% decrease while managing to absorb the full impact of interest rate increases,” said Kevin Henley, President and CEO. “With lower interest rates, we are already benefiting from reduced costs on our credit facilities and mortgage renewals. Additionally, we sold five gas station properties, one during Q2 and four after the quarter as part of our strategy to optimize our portfolio and reallocate capital to more profitable opportunities. With fresh capital...

Toll Brothers Reports FY 2024 3rd Quarter Results

Written by Customer Service on August 20, 2024. Posted in Earnings Releases And Operating Results.

Reserve at Center SquareEagleville, PAFORT WASHINGTON, Pa., Aug. 20, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL) (TollBrothers.com), the nation’s leading builder of luxury homes, today announced results for its third quarter ended July 31, 2024. FY 2024’s Third Quarter Financial Highlights (Compared to FY 2023’s Third Quarter):Net income and earnings per share were $374.6 million and $3.60 per diluted share, compared to net income of $414.8 million and $3.73 per diluted share in FY 2023’s third quarter. Pre-tax income was $503.6 million, compared to $553.0 million in FY 2023’s third quarter. Home sales revenues were $2.72 billion, up 2% compared to FY 2023’s third quarter; delivered homes were 2,814, up 11%. Net signed contract value was $2.41 billion, up 11% compared to FY 2023’s third quarter; contracted...

3D Systems Reports First Quarter 2024 Financial Results

Written by Customer Service on August 20, 2024. 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...

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

Written by Customer Service on August 20, 2024. 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...

Month: August 2024

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