Day: September 19, 2024

Supernus Pharmaceuticals to Participate in the TD Cowen 4th Annual Novel Mechanisms in Neuropsychiatry Summit

Written by Customer Service on September 19, 2024. Posted in Public Companies.

ROCKVILLE, Md., Sept. 19, 2024 (GLOBE NEWSWIRE) — Supernus Pharmaceuticals, Inc. (Nasdaq: SUPN), a biopharmaceutical company focused on developing and commercializing products for the treatment of central nervous system (CNS) diseases, announced today that Jack Khattar, President and CEO of Supernus Pharmaceuticals, will participate virtually in a fireside chat at the TD Cowen 4th Annual Novel Mechanisms in Neuropsychiatry Summit on Thursday, September 26, 2024, at 8:40 a.m. ET. A live webcast of the presentation can be accessed here or by visiting Events & Presentations in the Investor Relations section on the Company’s website at www.supernus.com. An archived replay of the webcast will be available for 60 days on the Company’s website following the conference. About Supernus Pharmaceuticals, Inc. Supernus Pharmaceuticals is...

Territorial Bancorp Reaffirms Its Board’s Commitment to Proposed Merger with Hope Bancorp

Written by Customer Service on September 19, 2024. Posted in Mergers And Acquisitions.

Rejects Blue Hill Proposal as Highly Uncertain, Inferior to Hope Merger Agreement and Unlikely to Benefit Territorial Shareholders HONOLULU, Sept. 19, 2024 (GLOBE NEWSWIRE) — Territorial Bancorp Inc. (“Territorial”) today reaffirmed the commitment of its Board of Directors to the proposed merger with Hope Bancorp, Inc. (“Hope”) that was announced on April 29, 2024. The announcement was made in response to an unsolicited proposal from Blue Hill Advisors LLC (“Blue Hill”) to acquire Territorial. “The unsolicited letter from Blue Hill claims to provide a nominally higher purchase price, but there are significant factors making the proposal highly uncertain and inferior to the merger agreed upon with Hope,” said Allan S. Kitagawa, Chairman, CEO and President of Territorial. “The Territorial Board carefully considered the proposal on...

Rezolute Reports Fourth Quarter and Full Year Fiscal 2024 Financial Results and Provides Business Update

Written by Customer Service on September 19, 2024. Posted in Earnings Releases And Operating Results.

FDA lifts partial clinical holds on ersodetug for the treatment of congenital HI; Phase 3 sunRIZE study to proceed in the U.S. Phase 3 study for ersodetug for the treatment of tumor HI expected to commence in the first half of 2025 REDWOOD CITY, Calif., Sept. 19, 2024 (GLOBE NEWSWIRE) — Rezolute, Inc. (Nasdaq: RZLT) (“Rezolute” or the “Company”), a late-stage biopharmaceutical company dedicated to developing transformative therapies for rare diseases with serious unmet needs, today reported financial results and provided a business update for the fourth quarter and full fiscal year ended June 30, 2024. “We are thrilled to close out the year with FDA alignment to advance ersodetug in two Phase 3 rare disease programs for the treatment of hypoglycemia resulting from congenital and acquired forms of hyperinsulinism,” said Nevan Elam,...

iPower Reports Fiscal Fourth Quarter and Full Year 2024 Results

Written by Customer Service on September 19, 2024. Posted in Earnings Releases And Operating Results.

Optimization Initiatives Drive Material Gross Margin Expansion and Second Consecutive Quarter of Profitability iPower Management to Host Conference Call Today at 4:30 p.m. Eastern Time RANCHO CUCAMONGA, Calif., Sept. 19, 2024 (GLOBE NEWSWIRE) — iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”), a tech and data-driven online retailer and supplier of consumer home, pet and garden products, as well as a provider of value-added ecommerce services, today announced its financial results for the fiscal fourth quarter and full fiscal year ended June 30, 2024. Fiscal Q4 2024 Results vs. Year-Ago Quarter Total revenue was $19.5 million compared to $23.4 million. Gross profit increased 2% to $9.2 million, with gross margin up 870 bps to 47.4% compared to 38.7%. Net income attributable to iPower increased to $0.7 million or $0.02 per...

New York Mortgage Trust Declares Third Quarter 2024 Common Stock Dividend of $0.20 Per Share, and Preferred Stock Dividends

Written by Customer Service on September 19, 2024. Posted in Dividend Reports And Estimates.

NEW YORK, Sept. 19, 2024 (GLOBE NEWSWIRE) — New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) announced today that its Board of Directors (the “Board”) declared a regular quarterly cash dividend of $0.20 per share on shares of its common stock for the quarter ending September 30, 2024. The dividend will be payable on October 28, 2024 to common stockholders of record as of the close of business on September 30, 2024. In addition, the Board declared cash dividends on the Company’s 8.000% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (“Series D Preferred Stock”), 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (“Series E Preferred Stock”), 6.875% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (“Series F Preferred Stock”) and 7.000% Series G Cumulative...

Alliance Entertainment Reports Fourth Quarter and Fiscal Year 2024 Results

Written by Customer Service on September 19, 2024. Posted in Earnings Releases And Operating Results.

Operational efficiencies and margin improvements drive profitability turnaround Higher-margin DTC sales increased to 36% of gross revenue in FY24 Strengthened balance sheet with 45% reduction in revolver debt and added new $120M credit facility PLANTATION, Fla., Sept. 19, 2024 (GLOBE NEWSWIRE) — Alliance Entertainment Holding Corporation (Nasdaq: AENT), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, toys, and collectibles, reported its financial and operational results for the fourth quarter and fiscal year ended June 30, 2024. FY 2024 and Subsequent Operational Highlights Net revenue totaled $1.1 billion in fiscal year 2024. Gross profit increased to $128.9 million in fiscal year 2024, up 24% from the prior year, with gross margin improved 270bps to 11.7% on profitable sales...

Disclosure of Voting Rights in IDEX Biometrics to Chair, Morten Opstad – 19 Sep 2024

Written by Customer Service on September 19, 2024. Posted in Public Companies.

At the close of business on 19 September 2024, Morten Opstad, chair of the board of IDEX Biometrics, held the following voting rights in IDEX, for the extraordinary general meeting on 23 September 2024: Vote according to voting instructions for 15,705,542 shares or 4.7% of the share capital and votes. Proxy to vote for 50,982,106 shares or 15.1% of the share capital and votes. 1,474,002 shares or 0.4% of the share capital and votes held by Mr. Opstad and close relations. Total 68,161,650 shares or 20.2% of the share capital and votes, including shares held by Mr. Opstad and close relations. Contact personMarianne Bøe, Head of Investor RelationsE-mail: marianne.boe@idexbiometrics.comTel: +47 9180 0186 About IDEX BiometricsIDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint biometrics, offering authentication...

NorthEast Community Bancorp, Inc. Announces Increase in Quarterly Cash Dividend and Special Cash Dividend

Written by Customer Service on September 19, 2024. Posted in Dividend Reports And Estimates.

WHITE PLAINS, N.Y., Sept. 19, 2024 (GLOBE NEWSWIRE) — NorthEast Community Bancorp, Inc. (the “Company”) (NasdaqCM: NECB) announced today that its Board of Directors has declared a special cash dividend of $0.15 per share on its outstanding common stock. Additionally, its Board of Directors has approved an increase in the Company’s quarterly cash dividend from $0.10 per share to $0.15 per share. The increased quarterly dividend and the special cash dividend will be paid on or about November 6, 2024 to shareholders of record as of the close of business on October 4, 2024. “We are pleased to increase our quarterly dividend to shareholders and to pay a special dividend,” said Kenneth A. Martinek, Chairman and Chief Executive Officer of the Company. “The payment of dividends continues to represent one part of our long-term commitment...

Sunrun CEO Mary Powell Named a 2024 Forbes’ Sustainability Leader

Written by Customer Service on September 19, 2024. Posted in Public Companies.

Forbes honors Sunrun CEO for her vision and inspiration to reduce fossil fuel dependence while strengthening the grid with customer-focused, distributed clean energy solutions SAN FRANCISCO, Sept. 19, 2024 (GLOBE NEWSWIRE) — Sunrun (Nasdaq: RUN), the nation’s leading provider of clean energy as a subscription service, announced today that CEO Mary Powell has been named to Forbes’ inaugural list of Sustainability Leaders. The list highlights 50 of the world’s most inspiring leaders who are catalyzing a sustainable future through innovation and impact. Powell’s recognition by Forbes comes on the heels of Sunrun becoming the first and only solar-plus-storage company in the U.S. to surpass 1 million customers. “I am honored to join a group of leaders dedicated to innovating and driving a more customer centric sustainable future,” Powell...

Village Super Market Announces Forthcoming Change in Chief Executive Officer and Chairman of the Board of Directors

Written by Customer Service on September 19, 2024. Posted in Public Companies.

SPRINGFIELD, N.J., Sept. 19, 2024 (GLOBE NEWSWIRE) — Village Super Market, Inc. (NSD-VLGEA) today announced that Robert Sumas has notified the Board of Directors of his decision to step down as Chief Executive Officer and interim Chairman of the Board of Directors effective December 13, 2024. Mr. Sumas will remain employed by the Company as a Senior Advisor to the executive team to ensure a smooth transition of duties. Mr. Sumas also plans to continue to serve the Company as a member of its Board of Directors. Robert Sumas was appointed Chief Executive Officer and Vice Chairman of the Board of Directors in 2017 and served as President from 2009 through 2018. He has served variously as Executive Vice President, Chief Operating Officer, Secretary and a Director of the Company since 1969. The Company also announced that the Board...

Day: September 19, 2024

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