Month: September 2024

Mueller Water Products Announces CFO Succession Plan

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

ATLANTA, Sept. 05, 2024 (GLOBE NEWSWIRE) — Mueller Water Products, Inc. (NYSE: MWA) announced that Steven (“Steve”) S. Heinrichs will be transitioning from his position as Chief Financial Officer and Chief Legal and Compliance Officer effective December 31, 2024. The Company also announced today it has initiated a comprehensive process with a leading executive search firm to identify a new Chief Financial Officer. Mr. Heinrichs will continue to serve as Chief Financial Officer and Chief Legal and Compliance Officer until a new CFO has been named and will remain available to the Company on a consulting basis until September 30, 2025, to help ensure a smooth transition. Mueller previously appointed Chason A. Carroll to the position of General Counsel in August 2023. “Over the past six years, Steve has significantly contributed to...

FINWARD BANCORP ANNOUNCES THE APPOINTMENT OF THREE NEW DIRECTORS

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

MUNSTER, Ind., Sept. 05, 2024 (GLOBE NEWSWIRE) — Finward Bancorp (Nasdaq: FNWD) (the “Bancorp” or “Finward”), the holding company for Peoples Bank, an Indiana state-chartered commercial bank (the “Bank”), today announced that the Boards of the Bancorp and the Bank have appointed Martin P. Alwin, Jennifer R. Evans, and Carolyn M. Burke to serve as directors of the Bancorp and the Bank, effective as of September 9, 2024. Mr. Alwin, Ms. Evans, and Ms. Burke each have a wealth of experience in the financial institutions industry, including in the areas of balance sheet management, enterprise risk management, legal and regulatory compliance, strategic initiatives, and finance. Mr. Alwin and Ms. Burke will serve on the Audit Committee of the Boards of the Bancorp and the Bank, and Ms. Evans will serve on the Risk Management and Compliance...

Toll Brothers Announces New Luxury Home Community Coming Soon to Ponte Vedra, Florida

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

PONTE VEDRA, Fla. , Sept. 05, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest community, Toll Brothers at Marsh Harbor, is coming soon to the prestigious Ponte Vedra area of St. Johns County in North Florida. The exclusive gated community will offer expansive single-family homes with beautiful marsh and preserve views, settled in the marshes along the Intracoastal Waterway. Site work is underway, and the community is expected to open for sale in early 2025. Toll Brothers at Marsh Harbor will feature luxury homes ranging up to 4,690+ square feet with flexible one- and two-story floor plans on oversized home sites in the established Marsh Harbor gated master-planned community. Five distinct home designs will offer 4 to 6 bedrooms, 4 to 5 baths, and 3-...

DMG Blockchain Solutions Announces Preliminary Operational Results for August 2024

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

VANCOUVER, British Columbia, Sept. 05, 2024 (GLOBE NEWSWIRE) — DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB: DMGGF) (FRANKFURT: 6AX) (“DMG” or the “Company”), a vertically integrated blockchain and data center technology company, announces its preliminary operational results for August 2024:BTC Mined: 21 BTC Hashrate: 0.94 EH/s BTC balance: 453 BTCWe expect to have our 4,550 Bitmain T21 miners fully installed by the end of September. To date, we have energized about 40% of our new mining fleet producing about 0.35 EH/s and have optimized our legacy fleet to run in the lowest power mode to best deal with the summer heat, producing about 0.75 EH/s or 1.1 EH/s in total. Most of the balance of our T21 miners are racked in containers awaiting connection to our distribution line. We believe we can reach...

Quanex Building Products Announces Third Quarter 2024 Results and Updates Full Year 2024 Guidance

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

Results Consistent with ExpectationsTransformative Tyman Acquisition Closed August 1, 2024Acquisition Integration Underway HOUSTON, Sept. 05, 2024 (GLOBE NEWSWIRE) — Quanex Building Products Corporation (NYSE:NX) (“Quanex” or the “Company”) today announced its results for the three months ended July 31, 2024. The Company reported the following selected financial results: Three Months Ended July 31, Nine Months Ended July 31,($ in millions, except per share data) 2024 2023 2024 2023Net Sales $280.3 $299.6 $785.7 $835.1Gross Margin $70.9 $78.6 $188.6 $197.5Gross Margin % 25.3% 26.2% 24.0% 23.7%Net Income $25.4 $31.7 $47.0 $55.1Diluted EPS $0.77 $0.96 $1.42 $1.67 Adjusted Net Income $24.2 $31.9 $51.8 $59.7Adjusted...

Acuity Brands to Announce Fiscal 2024 Fourth-Quarter and Full-Year Results on October 1, 2024

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

Atlanta, Sept. 05, 2024 (GLOBE NEWSWIRE) — Acuity Brands to Announce Fiscal 2024 Fourth-Quarter and Full-Year Results on October 1, 2024 Atlanta, September 5, 2024 (GLOBE NEWSWIRE) — Acuity Brands, Inc. (NYSE: AYI) (the “Company”) today announced that it is planning to release its fiscal 2024 fourth-quarter and full-year results on Tuesday, October 1, 2024 at 6:00 a.m. (EST), followed by a conference call at 8:00 a.m. (EST). Neil Ashe, Chairman, President, and Chief Executive Officer of Acuity Brands will lead the call. The webcast, earnings release, and supplemental presentation can be accessed via the Investor Relations section of the Company’s website at www.investors.acuitybrands.com on Tuesday, October 1, 2024. The online replay will remain available for a limited time following the call. A replay of the call will...

Connect Biopharma Reports First Half 2024 Financial Results and Provides Business Update

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

Announced new U.S.-based leadership with the appointment of Barry Quart, Pharm.D. as Chief Executive Officer (CEO) and David Szekeres as President Connect’s new management is currently evaluating the future clinical development strategy for rademikibart As part of Connect’s transformation into a U.S.-centric company, the Company will be significantly reducing its presence in China Cash and cash equivalents of $110.2 million expected to support planned operations into at least the first half of 2027SAN DIEGO, CA, Sept. 05, 2024 (GLOBE NEWSWIRE) — Connect Biopharma Holdings Limited (Nasdaq: CNTB) (“Connect Biopharma,” “Connect” or the “Company”), a U.S.-headquartered global clinical-stage biopharmaceutical company dedicated to improving the lives of patients with inflammatory diseases, today reported financial results for the...

Lantronix Reports Record Revenue for Fourth Quarter and Full Fiscal 2024

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

Fourth Quarter Net Revenue of $49.1 Million, up 19 Percent Sequentially and up 41 Percent Year-Over-Year Fourth Quarter GAAP EPS of $0.01 vs. ($0.05) in the Prior Year, a $0.06 Improvement Fourth Quarter Non-GAAP EPS of $0.15 vs. $0.06 in the Prior Year, up 150 Percent Annual Net Revenue of $160.3 Million, up 22% From the Prior Year Annual GAAP EPS of ($0.12) vs. ($0.25) in the Prior Year, a $0.13 Improvement Annual Non-GAAP EPS of $0.40 vs. $0.23 in the Prior Year, up 74 Percent Cash Balance of $26.2 Million, up 95 Percent From the Prior YearIRVINE, Calif., Sept. 05, 2024 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity IoT solutions, today reported results for its fourth quarter of fiscal 2024. Net revenue totaled $49.1 million, up 19 percent sequentially and up 41 percent year-over-year. GAAP...

eGain Announces Fourth Quarter and Fiscal Year 2024 Financial Results; AI Knowledge Fuels New Logo Momentum

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

SUNNYVALE, Calif., Sept. 05, 2024 (GLOBE NEWSWIRE) — eGain (Nasdaq: EGAN), an AI Knowledge platform for service, today announced financial results for its fiscal 2024 fourth quarter and full fiscal year ended June 30, 2024. “As businesses invest in Gen AI at scale, our AI Knowledge Hub helps deliver trusted answers for customer service, reducing cost and improving experience,” said Ashu Roy, eGain’s CEO. “As a result, new logo wins and RFPs for AI Knowledge were up 50 percent in fiscal 2024, and we are investing into this growing market opportunity for AI Knowledge.” Fiscal 2024 Fourth Quarter Financial HighlightsTotal revenue was $22.5 million, down 9% year over year. GAAP net income was $1.5 million, or $0.05 per share on a basic and diluted basis, compared to a GAAP net income of $2.6 million, or $0.08 per share on a basic...

Zumiez Inc. Announces Fiscal 2024 Second Quarter Results

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

Second Quarter Comparable Sales Increased 3.6%Second Quarter Gross Margin increased 250 basis points to 34.2%Second Quarter Loss Per share improved to ($0.04) from ($0.44) Third Quarter-to-date Comparable Sales up 12.1% LYNNWOOD, Wash., Sept. 05, 2024 (GLOBE NEWSWIRE) — Zumiez Inc. (NASDAQ: ZUMZ) a leading specialty retailer of apparel, footwear, equipment and accessories for young men and women, today reported results for the second quarter ended August 3, 2024. Net sales for the second quarter ended August 3, 2024 (13 weeks) increased 8.1% to $210.2 million from $194.4 million in the second quarter ended July 29, 2023 (13 weeks). Comparable sales for the thirteen weeks ended August 3, 2024 increased 3.6%. The shift in the retail calendar had a positive impact on the second quarter results, increasing net sales growth by approximately...

Month: September 2024

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