Month: September 2024

Precision Optics Reports Fourth Quarter and Fiscal Year 2024 Financial Results

Written by Customer Service on September 30, 2024. Posted in Earnings Releases And Operating Results.

Conference Call Scheduled for today, September 30, 2024, at 5:00pm ET. GARDNER, Mass., Sept. 30, 2024 (GLOBE NEWSWIRE) — Precision Optics Corporation, Inc. (NASDAQ: POCI), a leading designer and manufacturer of advanced optical instruments for the medical and defense/aerospace industries, announced operating results on an unaudited basis for its fourth quarter and fiscal year ended June 30, 2024. FY 2024 Financial Highlights (Year Ended June 30, 2024):Revenue was $19.1 million compared to $21.0 million in the previous fiscal year. Revenue of $19.1 million, exceeded the high end of the expected range announced on August 14, 2024 of $18.9 million. Production revenue was $10.8 million, a decrease of 25% compared to the previous fiscal year. Engineering revenue was a record $8.3 million, an increase of 24% compared to the previous...

Ontex reaches important milestone in reshaping its portfolio with binding agreement to sell its Brazilian business to Softys

Written by Customer Service on September 30, 2024. Posted in Mergers And Acquisitions.

Aalst, Belgium, September 30, 2024 – Ontex Group NV (Euronext: Ontex), a leading international developer and producer of personal care products, announces that it has entered into a binding agreement to sell its Brazilian business activities to Softys S.A. for an enterprise value of BRL 671 million (or approximately €110 million*). Softys is a personal hygiene company with operations across Latin America, that also acquired Ontex’s Mexican business activities in 2023. It is a wholly owned subsidiary of Empresas CMPC S.A., which is headquartered in Chile. Gustavo Calvo Paz, Ontex’s CEO, said: “This divestment represents another major milestone towards Ontex’s ambitioned portfolio, focusing on retail brands and healthcare in Europe and North America. Moreover, the proceeds from the sale will further reduce our indebtedness, putting us in...

Alexander’s Completes $400 Million Refinancing of 731 Lexington Avenue Office Condominium

Written by Customer Service on September 30, 2024. Posted in Public Companies.

PARAMUS, N.J., Sept. 30, 2024 (GLOBE NEWSWIRE) — Alexander’s, Inc. (NYSE: ALX) today announced that it has completed a $400 million refinancing of the office condominium portion of 731 Lexington Avenue, the Class A Bloomberg LP headquarters building. The interest-only loan carries a fixed rate of 5.045% and matures in October 2028. The loan is prepayable, at Alexander’s option, with no penalty, beginning in October 2026. The loan replaces the prior $490 million loan on the office condominium, that bore interest at the Prime rate (currently 8.00%) and was scheduled to mature in October 2024. Alexander’s, Inc. is a real estate investment trust that has five properties in New York City. CONTACT:GARY HANSEN(201) 587-8541 Certain statements contained herein constitute forward-looking statements as such term is defined in Section 27A...

Maris-Tech Enhances its Diamond Platform to Combat Airborne Threats with Diamond Ultra — Facilitating Defense and Situational Awareness for Armored Fighting Vehicles

Written by Customer Service on September 30, 2024. Posted in Public Companies.

Diamond Ultra integrates up to 12 high definition (“HD”) cameras, providing 360° 3D and airborne threat protection for Armored Fighting Vehicles (“AFV”). Powered by two Hailo AI processors, it enables real-time monitoring and AI-based analysis of video streams. Rehovot, Israel, Sept. 30, 2024 (GLOBE NEWSWIRE) — Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the “Company”), a global leader in video and artificial intelligence (“AI”)-based edge computing technology, today announced the addition of its Diamond Ultra technology, which was developed to support overhead and airborne threats for AFV, to its Diamond product platform. This development represents a significant leap forward in AI-powered defense technology, aiming to enhance threat detection and response for superior combat readiness. Diamond Ultra now integrates...

Brookfield Real Assets Income Fund Inc. Declares Q4 2024 Distribution Schedule

Written by Customer Service on September 30, 2024. Posted in Dividend Reports And Estimates.

NEW YORK, Sept. 30, 2024 (GLOBE NEWSWIRE) — Brookfield Real Assets Income Fund Inc. (NYSE: RA) (the “Fund”) today announced that its Board of Directors (the “Board”) declared the Fund’s monthly distributions for October, November and December 2024. Distribution DeclarationMonth Record Date Ex-Dividend Date Payable Date Amount per ShareOctober 2024 October 11, 2024 October 11, 2024 October 25, 2024 $0.1180November 2024 November 12, 2024 November 12, 2024 November 27, 2024 $0.1180December 2024 December 10, 2024 December 10, 2024 December 26, 2024 $0.1180Shares purchased on or after the applicable ex-distribution dates will not receive the distributions discussed above. Distributions may include net investment income, capital gains and/or return of capital. Any portion of the Fund’s distributions that is a return of...

Aeries Technology Reports Results for the Full Fiscal Year 2024

Written by Customer Service on September 30, 2024. Posted in Earnings Releases And Operating Results.

Revenues for the full fiscal year 2024 were $72.5 million, up approximately 37% year-over-year NEW YORK, Sept. 30, 2024 (GLOBE NEWSWIRE) — Aeries Technology (Nasdaq: AERT), a global professional services and consulting partner for businesses in transformation mode and their stakeholders, today announced financial results for the fiscal year ended March 31, 2024. “We are pleased to release our results for the fiscal year, which were in-line with our expectations,” said Sudhir Panikassery, CEO of Aeries Technology. “Expansion within existing client engagements and new client relationships were the main performance drivers and reflects our continued focus on expanding our footprint within the addressable pool of private equity portfolio companies and mid-size businesses. Coupled with our technology driven, solution specific approach,...

TFI International to Release 2024 Third Quarter Results

Written by Customer Service on September 30, 2024. Posted in Earnings Releases And Operating Results.

MONTREAL, Sept. 30, 2024 (GLOBE NEWSWIRE) — TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced that it will release its financial results for the third quarter ended September 30, 2024 via news release on Monday, October 21, 2024 after market close. The company will host a webcast with Alain Bédard, Chairman, President and Chief Executive Officer, on Tuesday, October 22, 2024 at 8:30 AM Eastern Time, to discuss results. Webcast Details:Date: Tuesday, October 22, 2024 Time: 8:30 a.m. Eastern Time Live webcast & replay: Presentations & Reports within the Investors section of the Company websiteABOUT TFI INTERNATIONAL TFI International Inc. is a North American leader in the transportation and logistics industry, operating across the United...

Results of Operations for the Three Months Ended June 30, 2024 – American Overseas Group Limited Announces Net Income Of $2.3 Million For the Three Months Ended June 30, 2024.

Written by Customer Service on September 30, 2024. Posted in Earnings Releases And Operating Results.

HAMILTON, Bermuda, Sept. 30, 2024 (GLOBE NEWSWIRE) — American Overseas Group Limited (BSX: AORE.BH) (Pink Sheets: AOREF.PK) (“AOG” or the “Company”) today reported consolidated net income available to common shareholders of $2.3 million, or $49.81 per diluted share, for the three months ended June 30, 2024. This compares to consolidated net income available to common shareholders of $0.9 million, or $19.65 per diluted share, for the three months ended June 30, 2023. Book value per weighted share at June 30, 2024 was $873.62, an increase from the book value per weighted share of $817.82 at June 30, 2023. For the three months ended June 30, 2024, net earned property and casualty premiums increased $6.2 million from $6.5 million a year ago to $12.7 million. Quarter to Date fee income increased $1.3 million from $3.8 million to $5.1...

Zefiro Methane Corp. Announces Year-End Earnings Report & Provides Corporate Activities Update

Written by Customer Service on September 30, 2024. Posted in Earnings Releases And Operating Results.

The Company generated record revenue of $32.8 million USD and positive adjusted EBITDA for FYE 2024 FORT LAUDERDALE, Fla., Sept. 30, 2024 (GLOBE NEWSWIRE) — ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (Frankfurt: Y6B) (OTCQB US: ZEFIF) (the “Company”, “Zefiro”, or “ZEFI”) today announced the Company’s consolidated financial results for the fiscal year ended June 30, 2024 (“FYE 2024”). For the FYE 2024, the Company generated record consolidated revenues of $32.8 million USD. For the quarter ended June 30, 2024, the Company generated record consolidated revenues of $9.4 million USD, an approximate 10% increase from the quarter ending March 31, 2024. The increase in revenue resulted in a record gross profit of $2.9 million USD (approximate 31% gross profit margin). ZEFI generated adjusted earnings before interest, taxes, depreciation,...

NETSOL Technologies Reports 19% Revenue Growth in Fiscal Fourth Quarter of 2024 and Exceeds Full Fiscal Year 2024 Revenue Target

Written by Customer Service on September 30, 2024. Posted in Earnings Releases And Operating Results.

FY’24 Total Revenue Increase 17% to $61.4 million exceeding target revenue range of $60 – $61 million Q4’ 24 Gross Margins of 52% increased from 35% in 4Q’ 23; FY’ 24 Gross Margins of 48% increased from 32% in FY ’23 FY’24 Operating Income of $3.5 million from a loss of $(8.8 million) last year $0.06 earnings per share in FY’ 24 compared with a loss of $(0.46) per share in FY’ 23 10% increase in Subscription and Support revenues to $7.5 million in 4Q’ 24; Annual Recurring Revenues of $28 million meets FY’ 24 targetENCINO, Calif., Sept. 30, 2024 (GLOBE NEWSWIRE) — NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and asset finance solutions provider, reported results for the fourth quarter and full fiscal 2024 ended June 30, 2024. Najeeb Ghauri, Co-Founder, Chief Executive Officer, and Chairman of NETSOL...

Month: September 2024

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