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Day: October 16, 2024

Enovix to Release Third Quarter 2024 Financial Results on October 29, 2024

FREMONT, Calif., Oct. 16, 2024 (GLOBE NEWSWIRE) — Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced it will release financial results for the third quarter of 2024 on Tuesday, October 29, 2024, after the close of the market. Enovix will hold a live video call at 2:00 PM PT / 5:00 PM ET on October 29, 2024, to discuss the company’s business updates, key milestones, and financial results. To join the call, participants must use the following link to register: https://enovix-q3-2024.open-exchange.net/registration. This link will also be available via the Investor Relations section of Enovix’s website at https://ir.enovix.com. Investors may also submit questions on the registration page that they would like addressed on the call by Enovix management. An archived version of the...

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Mercer International Inc. Announces Preliminary Results for the Third Quarter of 2024 and Earnings Conference Call Details

NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) — Mercer International Inc. (Nasdaq: MERC) (the “Company” or “Mercer”) today reported its preliminary financial results for the third quarter of 2024. Preliminary Third Quarter Results The following sets forth selected financial results for the periods indicated, including selected preliminary financial results for the three and nine months ended September 30, 2024:  Q3   Q2     Q3     YTD   YTD   2024    2024     2023     2024   2023   (in millions)  Revenues $ 502.1     $ 499.4     $ 470.8     $ 1,555.0     $ 1,523.4  Operating income (loss) $ 8.8     $ (43.8 )   $ (3.4 )   $ (35.4 )   $ (132.4 )Operating EBITDA* $ 50.5     $ 30.4     $ 37.5     $ 144.5     $ (3.7 )Net loss $ (17.6 )   $ (67.6 )   $ (26.0 )   $ (101.8 )   $ (154.8 )                                       Liquidity...

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Elcora Provides Update on Status of Management Cease Trade Order

HALIFAX, Nova Scotia, Oct. 16, 2024 (GLOBE NEWSWIRE) — ELCORA ADVANCED MATERIALS CORP. (TSX.V:ERA | Frankfurt:ELM | OTCQB – ECORF), (the “Company” or “Elcora”), is providing this update on the status of a management cease trade order granted on July 30, 2024 (the “MCTO“) by the Nova Scotia Securities Commission under National Policy 12-203 – Management Cease Trade Order (“NP 12-203”). On July 12, 2024 and July 30, 2024, the Company announced that, for reasons disclosed in the news releases, there would be a delay in the filing of its financial statements and accompanying management’s discussion and analysis for the fiscal year ended March 31, 2024 (the “Annual Filings”) beyond the period prescribed under applicable Canadian securities laws (the “Default Announcement”)....

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StoneCo Ltd. to Announce Third Quarter 2024 Financial Results on November 12th, 2024

GEORGE TOWN, Grand Cayman, Oct. 16, 2024 (GLOBE NEWSWIRE) — StoneCo Ltd. (Nasdaq: STNE, B3: STOC31) (“Stone”) today announces that it will release its third quarter 2024 financial results on Tuesday, November 12th, 2024, after the market closes. The Company will also host a conference call to discuss its results on the same day at 5:00pm ET (7:00pm BRT). The conference call can be accessed live over the Zoom webinar (ID: 851 7712 3588 | Password: 819157). You can also access the meeting over the phone by dialing +1 646 931 3860 or +1 669 444 9171 from the U.S. Callers from Brazil can dial +55 21 3958 7888. Callers from the UK can dial +44 330 088 5830. The call will also be webcast live and a replay will be available a few hours after the call concludes. The live webcast and replay will be available on Stone’s investor relations...

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Great Southern Bancorp, Inc. Reports Preliminary Third Quarter Earnings of $1.41 Per Diluted Common Share

Preliminary Financial Results and Business Update for the Quarter and Nine Months Ended September 30, 2024 SPRINGFIELD, Mo., Oct. 16, 2024 (GLOBE NEWSWIRE) — Great Southern Bancorp, Inc. (NASDAQ:GSBC), the holding company for Great Southern Bank, today reported that preliminary earnings for the three months ended September 30, 2024, were $1.41 per diluted common share ($16.5 million net income) compared to $1.33 per diluted common share ($15.9 million net income) for the three months ended September 30, 2023. Preliminary earnings for the nine months ended September 30, 2024, were $3.99 per diluted common share ($46.9 million net income) compared to $4.52 per diluted common share ($54.7 million net income) for the nine months ended September 30, 2023. For the quarter ended September 30, 2024, annualized return on average common...

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Minerals Technologies Announces Increase in Quarterly Dividend and New Share Repurchase Program

NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) — Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) today announced a 10% increase of its regular quarterly dividend on the Company’s common stock to $0.11 per share. The dividend is payable on December 5, 2024, to stockholders of record at the close of business on October 31, 2024. In addition, MTI’s Board of Directors has authorized a new $200 million share repurchase program. The Company expects to repurchase shares under this authorization as part of its balanced approach to capital allocation. “Increasing our dividend and authorizing a new repurchase program reflects the Board’s ongoing confidence in MTI’s financial strength as we continue to grow earnings and cash flow,” said Douglas T. Dietrich, Chairman and Chief Executive Officer. “The combination of this increased...

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Oriental Rise Holding Limited Announces Pricing of Initial Public Offering

Ningde, China, Oct. 16, 2024 (GLOBE NEWSWIRE) — Oriental Rise Holding Limited (“Oriental Rise” or the “Company”) (NasdaqCM: ORIS), an integrated supplier of tea products in mainland China, today announced the pricing of its initial public offering (the “Offering”) of 1,750,000 ordinary shares at a public offering price of $4 per ordinary share, for total gross proceeds of $7 million, before deducting underwriting discounts and offering expenses. The Offering is being conducted on a firm commitment basis. The ordinary shares are expected to commence trading on Nasdaq Capital Market under the ticker symbol “ORIS” on October 17, 2024. The Company has granted the underwriter an option, exercisable within 45 days from the date of the underwriting agreement, to purchase up to an additional 262,500 ordinary shares...

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Logansport Financial Corp. Reports Net Earnings for the Quarter Ended September 30, 2024

LOGANSPORT, Ind., Oct. 16, 2024 (GLOBE NEWSWIRE) — Logansport Financial Corp., (OTCQB, LOGN), parent company of Logansport Savings Bank, reported net earnings for the quarter ended September 30, 2024 of $192,000 or $0.31 per diluted share, compared to earnings in 2023 of $371,000 or $0.61 per diluted share. Year to date the company reported net earnings of $808,000 for 2024 compared to $1,501,000 for 2023. Diluted earnings per share for the nine months ended September 30, 2024 were $1.32 compared to $2.46 for the nine months ended September 30, 2023. Total assets at September 30, 2024 were $256.9 million compared to total assets at September 30, 2023 of $244.3 million. Total Deposits at September 30, 2024 were $216.6 million compared to total deposits of $219.4 million at September 30, 2023. The company paid a total of $1.35 per...

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Orchid Island Capital Announces Estimated Third Quarter 2024 Results, October 2024 Monthly Dividend and September 30, 2024 RMBS Portfolio Characteristics

October 2024 Monthly Dividend of $0.12 Per Share of Common Stock Estimated Book Value Per Share as of September 30, 2024 of $8.40 Estimated GAAP net income of $0.24 per share for the quarter ended September 30, 2024, including an estimated $0.29 per share of net realized and unrealized gains on RMBS and derivative instruments Estimated 2.1% total return on equity for the quarter ended September 30, 2024 Estimated book value, net income and total return on equity amounts are preliminary, subject to change, and subject to review by the Company’s independent registered public accounting firm RMBS Portfolio Characteristics as of September 30, 2024 Next Dividend Announcement Expected November 13, 2024VERO BEACH, Fla., Oct. 16, 2024 (GLOBE NEWSWIRE) — Orchid Island Capital, Inc. (the “Company”) (NYSE: ORC) announced today that the...

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Celularity Expands Advanced Biomaterial Product Commercial Portfolio with Acquisition of Rebound™ Product from Sequence LifeScience, Inc.

FLORHAM PARK, N.J., Oct. 16, 2024 (GLOBE NEWSWIRE) — Celularity Inc. (Nasdaq: CELU) (“Celularity”), a regenerative and cellular medicine company, today announced that it had added to its commercial portfolio of placental-derived advanced biomaterial products with the acquisition of Rebound, a full thickness placental-derived allograft matrix product, from Sequence LifeScience, Inc. (“Sequence”). “Rebound adds to our portfolio of placental-derived advanced biomaterial products, sales of which through the first half of 2024 were in excess of $24 million, which is greater than our full year sales in 2023,” said Robert J. Hariri, M.D., Ph.D., Chairman, CEO and founder of Celularity. “We expect Rebound sales to contribute meaningfully in the fourth quarter 2024 and to fulfill expected full year 2024 biomaterial sales which we announced...

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