Day: October 24, 2024

Clearfield Sets Fiscal Fourth Quarter 2024 Earnings Call for Thursday, November 7, 2024

Written by Customer Service on October 24, 2024. Posted in Public Companies.

MINNEAPOLIS, Oct. 24, 2024 (GLOBE NEWSWIRE) — Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, today announced that its fourth quarter ended September 30, 2024, results will be released on Thursday, November 7, 2024, after the close of the market. The company will host a conference call at 5:00 p.m. Eastern time (4:00 p.m. Central time) to discuss its financial results with the investment community. Financial results will be available on the Investor Relations section of the company’s website along with an earnings presentation to accompany management’s prepared remarks. Date: Thursday, November 7, 2024Time: 5:00 p.m. Eastern time (4:00 p.m. Central time)U.S. dial-in: 1-833-816-1424International dial-in: 1-412-317-0517 The conference call will be webcast live and available for replay here. An...

Coherent Introduces ARM FL20D Fiber Laser, Setting New Standards for High-Power Welding

Written by Customer Service on October 24, 2024. Posted in Public Companies.

Image 1: ARM FL20D fiber laser system. PITTSBURGH, Oct. 24, 2024 (GLOBE NEWSWIRE) — Coherent Corp. (NYSE: COHR), a global leader in laser technology, today announced the launch of the ARM FL20D fiber laser. This new offering in the highly successful ARM laser family features a new higher power level of 20 kW and a unique dual ring beam configuration. Representing a significant advance in welding capability, the ARM FL20D enables faster speeds and improved quality in a wide range of applications. The unique design of the ARM FL20D incorporates a center beam and two coaxial ring beams, all with independent control. This configuration allows for precise control over the welding process, resulting in exceptional results, especially in challenging materials such as cast aluminum. By eliminating the need for filler wire in many processes,...

Seacoast Reports Third Quarter 2024 Results

Written by Customer Service on October 24, 2024. Posted in Earnings Releases And Operating Results.

Strong Growth in Loans and Deposits Annualized 20% Increase in Tangible Book Value Per Share Well-Positioned Balance Sheet with Strong Capital and Liquidity STUART, Fla., Oct. 24, 2024 (GLOBE NEWSWIRE) — Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF) today reported net income in the third quarter of 2024 of $30.7 million, or $0.36 per diluted share, compared to $30.2 million, or $0.36 per diluted share in the second quarter of 2024 and $31.4 million, or $0.37 per diluted share in the third quarter of 2023. Pre-tax pre-provision earnings1 were $46.1 million in the third quarter of 2024, an increase of 3% compared to the second quarter of 2024 and an increase of 6% compared to the third quarter of 2023. Adjusted pre-tax pre-provision earnings1 were $46.4 million in the...

Midland States Bancorp, Inc. Announces 2024 Third Quarter Results

Written by Customer Service on October 24, 2024. Posted in Earnings Releases And Operating Results.

Third Quarter 2024 Highlights:Net income available to common shareholders of $16.2 million, or $0.74 per diluted share Adjusted pre-tax, pre-provision earnings of $27.5 million Tangible book value per share increased to $24.90, compared to $23.36 at June 30, 2024 Common equity tier 1 capital ratio improved to 9.00%, compared to 8.64% at June 30, 2024 Net interest margin of 3.10%, compared to 3.12% in prior quarter Efficiency ratio of 62.8%, compared to 65.2% in prior quarterEFFINGHAM, Ill., Oct. 24, 2024 (GLOBE NEWSWIRE) — Midland States Bancorp, Inc. (Nasdaq: MSBI) (the “Company”) today reported net income available to common shareholders of $16.2 million, or $0.74 per diluted share, for the third quarter of 2024, compared to $4.5 million, or $0.20 per diluted share, for the second quarter of 2024. This also compares to net...

MarketWise to Release Third Quarter 2024 Financial Results

Written by Customer Service on October 24, 2024. Posted in Earnings Releases And Operating Results.

BALTIMORE, Oct. 24, 2024 (GLOBE NEWSWIRE) — MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or the “Company”), a leading multi-brand digital subscription services platform providing premium financial research, software, education, and tools for self-directed investors, today announced that it plans to release its third quarter 2024 financial results before the market opens on Thursday, November 7, 2024. In addition to the required SEC filings, the Company will also be providing an earnings press release which will contain supplemental information. The Company does not hold analyst conference calls; however, investors may submit written questions to MarketWise at ir@marketwise.com. Interested investors and other parties may access the financial disclosures in the Investor Relations section of the Company’s website, www.marketwise.com. About...

Phillips Edison & Company Reports Third Quarter 2024 Results and Updates Full Year Earnings Guidance

Written by Customer Service on October 24, 2024. Posted in Earnings Releases And Operating Results.

CINCINNATI, Oct. 24, 2024 (GLOBE NEWSWIRE) — Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of high-quality grocery-anchored neighborhood shopping centers, today reported financial and operating results for the period ended September 30, 2024 and updated full year 2024 earnings guidance. For the three and nine months ended September 30, 2024, net income attributable to stockholders was $11.6 million, or $0.09 per diluted share, and $44.5 million, or $0.36 per diluted share, respectively. Highlights for the Third Quarter Ended September 30, 2024Reported Nareit FFO of $81.6 million, or $0.60 per diluted share Reported Core FFO of $84.4 million, or $0.62 per diluted share Updated 2024 Nareit FFO and Core FFO guidance ranges to $2.35 to $2.39 per diluted...

Freddie Mac Issues Monthly Volume Summary for September 2024

Written by Customer Service on October 24, 2024. Posted in Public Companies.

MCLEAN, Va., Oct. 24, 2024 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for September 2024, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other investments. Freddie Mac’s mission is to make home possible for families across the nation. We promote liquidity, stability, affordability and equity in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, rent or keep their home. Learn More: Website | Consumers | LinkedIn | Facebook| X | Instagram | YouTube MEDIA CONTACT: Fred Solomon703-903-3861Frederick_Solomon@FreddieMac.com INVESTOR CONTACT: Mahesh Lal571-382-3630

Middlesex Water Company Increases Common Dividend by 4.62%

Written by Customer Service on October 24, 2024. Posted in Dividend Reports And Estimates.

52 Years of Consecutive Dividend Increases ISELIN, N.J., Oct. 24, 2024 (GLOBE NEWSWIRE) — Middlesex Water Company (NASDAQ: MSEX) announced today that its Board of Directors has declared a quarterly cash dividend of $0.34 per share on its common stock, a 4.62% increase from the $0.325 per share dividend last declared in July 2024. This increase raises the annual dividend rate to $1.36 from $1.30 per share of common stock and marks Middlesex’s 52nd consecutive year of dividend increases. The dividend at the new rate is payable December 2, 2024, to shareholders of record as of November 15, 2024. Middlesex Water Company has paid cash dividends in varying amounts continually since 1912. Middlesex Water Company provides regulated and unregulated water and wastewater utility services primarily in New Jersey and Delaware through various...

MidWestOne Financial Group, Inc. Reports Financial Results for the Third Quarter of 2024

Written by Customer Service on October 24, 2024. Posted in Earnings Releases And Operating Results.

IOWA CITY, Iowa, Oct. 24, 2024 (GLOBE NEWSWIRE) — MidWestOne Financial Group, Inc. (Nasdaq: MOFG) (“we”, “our”, or the “Company”) today reported results for the third quarter of 2024. Third Quarter 2024 Summary1Completed a common equity capital raise, resulting in net proceeds to the Company of $118.6 million to facilitate a balance sheet repositioning. $140.4 million of securities impairment related to the repositioning was recognized in pre-tax earnings. Subsequent to quarter-end:Sold $1.0 billion of debt securities with a weighted average yield of 1.58%, and a weighted average life of 5.6 years. Purchased $589.8 million of debt securities, with a weighted average yield of 4.65%, and paid in full $418.7 million of Bank Term Funding Program borrowings with a weighted average cost of 4.77%. The estimated earn back period...

SB Financial Group Announces Third Quarter 2024 Results

Written by Customer Service on October 24, 2024. Posted in Earnings Releases And Operating Results.

DEFIANCE, Ohio, Oct. 24, 2024 (GLOBE NEWSWIRE) — SB Financial Group, Inc. (NASDAQ: SBFG) (“SB Financial” or the “Company”), a diversified financial services company providing full-service community banking, mortgage banking, wealth management, private client and title insurance services today reported earnings for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights compared to the third quarter of the prior year:Net income of $2.4 million, down 12.4 percent with Diluted Earnings Per Share (“EPS”) of $0.35. EPS is up 3.0% when adjusted for mortgage servicing rights impairment in both periods. Net interest income totaled $10.2 million, a 6.8 percent increase from $9.5 million. Total loans increased to $1.03 billion, up by $40.9 million or 4.1 percent. Tangible book value per share ended the quarter at $16.49,...

Day: October 24, 2024

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