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Day: September 24, 2024

Worthington Enterprises Reports First Quarter Fiscal 2025 Results

COLUMBUS, Ohio, Sept. 24, 2024 (GLOBE NEWSWIRE) — Worthington Enterprises, Inc. (NYSE: WOR) reported net sales of $257.3 million and net earnings from continuing operations of $24.3 million, or $0.48 per diluted share, for its fiscal 2025 first quarter ended August 31, 2024. This compares to net sales of $311.9 million and net earnings from continuing operations of $26.8 million, or $0.54 per diluted share, in the first quarter of fiscal 2024. On a non-GAAP basis, adjusted net earnings from continuing operations totaled $25.1 million for the first quarter of fiscal 2025, or $0.50 per diluted share, compared to $37.2 million, or $0.75 per diluted share, in the prior year comparable quarter. Reported results reflect the controlling interest portion of continuing operations and were impacted by certain items, as summarized in the...

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Farmers & Merchants Bancorp, Inc. Announces 30th Consecutive Annual Increase in Dividend

Regular quarterly dividend increased to $0.22125 per share, or $0.885 per share annualized ARCHBOLD, Ohio, Sept. 24, 2024 (GLOBE NEWSWIRE) — The Board of Directors of Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of F&M Bank, with total assets of $3.32 billion at June 30, 2024, today announced that it has approved the Company’s quarterly cash dividend of $0.22125 per share. The third-quarter dividend is payable on October 20, 2024, to shareholders of record as of October 4, 2024. The $0.22125 per share cash dividend reflects a $0.00125 per share increase in the quarterly dividend, representing the 30th consecutive annual increase in the Company’s regular dividend payment. Lars B. Eller, President and Chief Executive Officer stated, “I am proud that F&M has established one of the longest track...

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Kairos Pharma Enters Agreement with PreCheck Health Services to Develop Biomarkers to Identify Patients Responsive to ENV105 to Target Cancer Drug Resistance in Prostate and Lung Cancer Patients

LOS ANGELES, Sept. 24, 2024 (GLOBE NEWSWIRE) — Kairos Pharma Ltd. (NYSE American: KAPA), a clinical-stage biopharmaceutical company, announces a groundbreaking collaboration with PreCheck Health Services Inc., a CLIA-certified and CAP-accredited clinical laboratory specializing in genetic sequencing. The partnership focuses on the development of companion biomarkers for Kairos Pharma’s cancer therapy, ENV105, which targets prostate and lung cancers. This strategic agreement aims to advance the precision of patient screening and therapy monitoring for Kairos Pharma’s Phase 1 and Phase 2 clinical trials, with the aim of advancing cancer treatment by identifying patients who will benefit most from ENV105. Kairos Pharma and PreCheck Health Services will utilize advanced molecular diagnostics to corroborate and further develop biomarkers...

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Aquafil S.p.A. to Participate in the Lytham Partners Fall 2024 Investor Conference on October 1, 2024

ARCO, Italy, Sept. 24, 2024 (GLOBE NEWSWIRE) — Aquafil S.p.A. (MI: ECNL) (OTCQX: ECNLF), a pioneer in the circular economy also thanks to the ECONYL® regeneration system, announced today it will participate in a webcasted presentation and host one-on-one meetings with investors at the Lytham Partners Fall 2024 Investor Conference, taking place virtually on Tuesday, October 1, 2024. Company Webcast The webcasted presentation will take place at 9:30am ET on Tuesday, October 1, 2024. The webcast can be accessed by visiting the conference home page at https://lythampartners.com/fall2024/ or directly at https://app.webinar.net/BE6We3XNbvR. The webcast will also be available for replay following the event. 1×1 Meetings Management will be participating in virtual one-on-one meetings throughout the event. To arrange a meeting with...

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Tejon Ranch Co. Names New Senior Vice President- Corporate Communications and Public Affairs

TEJON RANCH, Calif., Sept. 24, 2024 (GLOBE NEWSWIRE) — Tejon Ranch Co. (NYSE: TRC) announced today that Nicholas (Nick) T. Ortiz will join the company as Senior Vice President, Corporate Communications and Public Affairs. In his position Ortiz will oversee the company’s communications, brand image, government affairs key stakeholder engagement activities, and will coordinate with our investor relations team; all in service of the Company’s long-term, growth-oriented goals for the company shareholders.  Ortiz most recently served as Vice President of Small Business Advocacy for the California Chamber of Commerce (CalChamber) the state’s largest, broadest and most effective business association. In his role at CalChamber, Ortiz grew the local chamber relations throughout the state including Southern California. “We’re excited to...

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Progress Announces Third Quarter 2024 Financial Results

Progress Q3’24 Tops High End of EstimatesExpects to Close ShareFile Acquisition in Fiscal 2024 BURLINGTON, Mass., Sept. 24, 2024 (GLOBE NEWSWIRE) — Progress (Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced financial results for its fiscal third quarter ended August 31, 2024. Third Quarter 2024 Highlights1:Revenue and non-GAAP revenue of $179 million increased 2% year-over-year on both an actual and a constant currency basis. Annualized Recurring Revenue (“ARR”) of $582 million remained relatively flat year-over-year on a constant currency basis. Operating margin was 23% and non-GAAP operating margin was 41%. Diluted earnings per share was $0.65 compared to $0.42 in the same quarter last year, an increase of 55%.  Non-GAAP diluted earnings per share was $1.26 compared to $1.08 in...

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ARMOUR Residential REIT, Inc. Announces Guidance for October 2024 Dividend Rate per Common Share

VERO BEACH, Florida, Sept. 24, 2024 (GLOBE NEWSWIRE) — ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced guidance on the October 2024 cash dividend for the Company’s Common Stock of $0.24 per Common share. October 2024 Common Stock Dividend InformationMonth   Dividend   Holder of Record Date   Payment DateOctober 2024   $0.24   October 15, 2024   October 30, 2024 Certain Tax MattersARMOUR has elected to be taxed as a real estate investment trust (“REIT”) for U.S. Federal income tax purposes. In order to maintain this tax status, ARMOUR is required to timely distribute substantially all of its ordinary REIT taxable income. Dividends paid in excess of current tax earnings and profits for the year will generally not be taxable to common stockholders. Actual dividends...

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Trinity Biotech Announces Acquisition of Metabolomics Diagnostics to Grow Presence in Maternal Health Market

-Metabolomics Diagnostics, a deep-tech machine learning diagnostic platform developer, has developed an innovative test, PrePsia, to accurately predict the risk of preeclampsia in pregnant women- -The PrePsia test can predict preeclampsia risk as early as in the 12th week of pregnancy, allowing for early interventions to prevent serious health issues for mothers and their babies- -PrepSia will be commercialized in the U.S. market in 2025 through Trinity Biotech’s New York-based Immco reference laboratory- DUBLIN, Sept. 24, 2024 (GLOBE NEWSWIRE) — Trinity Biotech plc (Nasdaq: TRIB), a commercial-stage biotechnology company focused on human diagnostics and diabetes management solutions, including wearable biosensors, today announced that it has acquired privately held Metabolomics Diagnostics, an Irish deep-tech company, specialized...

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Stitch Fix Announces Fourth Quarter and Full Fiscal Year 2024 Financial Results

SAN FRANCISCO, Sept. 24, 2024 (GLOBE NEWSWIRE) — Stitch Fix, Inc. (NASDAQ: SFIX), the leading online personal styling service, today announced its financial results for the fourth quarter and full fiscal year 2024, ended August 3, 2024. Fiscal 2024 included 53 weeks, with the additional week occurring in the fourth quarter. “We are executing our transformation strategy with discipline and, during the fourth quarter, we delivered results at the high end of our guidance on both the top and bottom line,” said Matt Baer, Chief Executive Officer, Stitch Fix. “I am proud of the Stitch Fix team’s efforts this past fiscal year and encouraged by the progress we have already made to strengthen the foundation of our business and reimagine our client experience. While there is a lot of work still to do, I am confident we are on the right path...

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Old National Team Members Volunteer a Record 7,600 Hours to 196 Organizations

Two-day ‘Better Together Days’ volunteer blitz gives to communitiesOld National Bank ‘Better Together Volunteer Days’ 2024Old National Bank ‘Better Together Volunteer Days’ 2024EVANSVILLE, Ind., Sept. 24, 2024 (GLOBE NEWSWIRE) — Old National Bancorp (“Old National”) set records for team member volunteer participation, hours, and organizations served during its 3rd annual Better Together Days, a two-day volunteer blitz held on Sept. 18-19, 2024, across nine states served by Old National banking centers. The two days, where Old National team members signed-up for four-hour volunteer shifts, provided team members across Old National’s Midwest and Southeast footprint with a chance to give back to the communities where they live and work. Virtual volunteer opportunities were also made available. Volunteers...

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