Day: October 25, 2024

Apyx Medical Corporation to Release Third Quarter Of Fiscal Year 2024 Financial Results on November 8, 2024

CLEARWATER, Fla., Oct. 25, 2024 (GLOBE NEWSWIRE) — Apyx® Medical Corporation (NASDAQ:APYX) (“Apyx Medical;” the “Company”), the manufacturer of a proprietary helium plasma and radiofrequency platform technology marketed and sold as Renuvion®, today announced that financial results for the third quarter of fiscal year 2024 will be released before the market opens on Friday, November 8th. Management will host a conference call at 8:00 a.m. Eastern Time on November 8th to discuss the results of the quarter, and to host a question-and-answer session. To listen to the call by phone, interested parties may dial 877-407-9039 (or 201-689-8470 for international callers) and provide access code 13749764. Participants should ask for the Apyx Medical Corporation Call. A live webcast of the call will be accessible via the following link: Apyx...

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Fenix Outdoor International Q3 report

FENIX OUTDOOR INTERNATIONAL AGInterim condensed consolidated financial statements for the period ended 30 September 2024 Third quarter 2024-07-01 – 2024-09-30 The total income of the Group was TEUR 199,358 (TEUR: 225,846), a decrease of 11.7%. The EBITDA of the Group was TEUR 43,616 (TEUR: 51,416). The operating profit of the Group was TEUR 28,566 (TEUR: 37,391). The profit before tax of the Group was TEUR 23,676 (TEUR: 35,828). The profit after tax of the Group was TEUR 18,485 (TEUR: 27,761). Earnings per share amounted to EUR 1.38 (EUR: 2.08).    Period 2024-01-01 – 2024-09-30 The total income of the Group was TEUR 520,999 (TEUR: 565,862), a decrease of 7.9% The EBITDA of the Group was TEUR 78,056 (TEUR: 96,137). The operating profit of the Group was TEUR 34,831 (TEUR: 54,565). The profit before tax of the Group was TEUR 27,689 (TEUR:...

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Golden Matrix Group Subsidiary Meridianbet Launches Revolutionary AI-Powered Bet Recommender

Golden Matrix Group Inc, The AI Bet Recommender is designed to offer real-time, personalized betting suggestions, tailored to individual player preferences and habits. LAS VEGAS, Oct. 25, 2024 (GLOBE NEWSWIRE) — Golden Matrix Group Inc. (NASDAQ: GMGI), a leading developer and licensor of online gaming platforms, systems, and content, today announced the launch of the AI-powered Bet Recommender by its sports betting division Meridianbet. The AI Bet Recommender is designed to offer real-time, personalized betting suggestions, tailored to individual player preferences and habits. By processing thousands of data points from sports events and odds parameters, the AI platform ensures that each bet is informed, timely, and highly relevant to the user. Key features include: Data-Driven Decisions: Utilizing vast sports data and...

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Gentex Reports Third Quarter 2024 Financial Results

ZEELAND, Mich., Oct. 25, 2024 (GLOBE NEWSWIRE) — Gentex Corporation (NASDAQ: GNTX), a leading supplier of digital vision, connected car, dimmable glass and fire protection technologies, today reported financial results for the three and nine months ended September 30, 2024. 3rd Quarter 2024 Summary Net sales of $608.5 million, a new quarterly sales record, and a 6% increase compared to the third quarter of 2023, versus light vehicle production that was down 6% quarter over quarter in the Company’s primary markets Gross profit margin of 33.5%, an increase of 60 basis points from the second quarter of 2024 Income from operations of $125.7 million Net income of $122.5 million, an increase of 17% from the third quarter of 2023 Earnings per diluted share of $0.53, an increase of 18% from the third quarter of 2023 3.2 million...

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Offshore Drilling Market to Expand at 8.2% CAGR through 2031 | SkyQuest Technology

The Offshore Drilling Market is set to soar as demand for natural gas and petroleum rises, fueled by depleting onshore resources. The Offshore Drilling Market is projected to grow from USD 105.37 billion in 2023 to USD 197.93 billion by 2031. Westford, USA, Oct. 25, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Offshore Drilling market size will attain a value of USD 197.93 billion by 2031, with a CAGR of 8.2% over the forecast period (2024-2031). Growing demand for natural gas and petroleum and depletion of onshore resources are projected to bolster offshore drilling market growth in the future. The discovery of new offshore energy reserves across multiple regions of the world also creates new opportunities for offshore drilling providers going forward.    Browse in-depth TOC on “Offshore Drilling Market”   Pages...

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Lakeland Financial Reports Third Quarter Net Income of $23.3 Million, Organic Loan Growth of 5% and Organic Deposit Growth of 4%

WARSAW, Ind., Oct. 25, 2024 (GLOBE NEWSWIRE) — Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported net income of $23.3 million for the three months ended September 30, 2024, which represents a decrease of $1.9 million, or 8%, compared with net income of $25.3 million for the three months ended September 30, 2023. Diluted earnings per share were $0.91 for the third quarter of 2024 and decreased $0.07, or 7%, compared to $0.98 for the third quarter of 2023. On a linked quarter basis, net income increased $789,000, or 3%, from second quarter 2024 net income of $22.5 million. Diluted earnings per share increased $0.04, or 5%, from $0.87 on a linked quarter basis. Pretax pre-provision earnings, which is a non-GAAP measure, were $30.8 million for the three months ended September 30,...

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Balchem Corporation Reports Third Quarter 2024 Financial Results

MONTVALE, N.J., Oct. 25, 2024 (GLOBE NEWSWIRE) — Balchem Corporation (NASDAQ: BCPC) reported today financial results for its 2024 fiscal third quarter ended September 30, 2024. For the quarter, the Company reported net sales of $239.9 million, net earnings of $33.8 million, adjusted EBITDA(a) of $64.4 million, and free cash flow(a) of $42.2 million. Ted Harris, Chairman, President and CEO of Balchem said, “We delivered strong third quarter financials with solid revenue growth and record earnings from operations and adjusted EBITDA. We continue to see excellent performance in our Human Nutrition and Health and Specialty Products segments, both delivering strong sales and earnings growth.” Third Quarter 2024 Financial Highlights: Net sales were $239.9 million, an increase of 4.3% compared to the prior year quarter. Adjusted EBITDA...

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Leading Independent Proxy Advisory Firm Glass Lewis Joins ISS in Recommending that Territorial Shareholders Vote “FOR” Merger with Hope Bancorp

Glass Lewis Recognizes the Value Creation and Additional Upside that the Hope Bancorp Merger Provides to Territorial Shareholders Glass Lewis Acknowledges the Substantial Concerns and Risks Posed by Blue Hill’s Secrecy, Lack of Transparency and the Absence of Crucial, Material Information Glass Lewis Agrees with Board’s Decision Not to Consider the Blue Hill Preliminary Indication of Interest a Superior Proposal Territorial Board Urges Shareholders to Follow the Recommendations from Glass Lewis and ISS and Vote “FOR” the Hope Bancorp Merger TODAY HONOLULU, Oct. 25, 2024 (GLOBE NEWSWIRE) — Territorial Bancorp Inc. (NASDAQ: TBNK) (“Territorial” or the “Company”) today announced that leading independent proxy advisory firm Glass, Lewis & Co., LLC (“Glass Lewis”) has joined Institutional Shareholder Services (“ISS”) in recommending...

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Electra Announces US$5 Million Financing

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES TORONTO, Oct. 25, 2024 (GLOBE NEWSWIRE) — Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) is pleased to announce that it has received a non-binding term sheet from the holders of the existing secured notes issued by the Company on February 13, 2023 (the “Existing Notes”) for a financing transaction (the “Financing”) which would result in gross proceeds to the Company of US$5 million. These funds will enable the Company to initiate certain early works and winter preparations at the Ontario Refinery project site in Temiskaming Shores, Ontario, as well as being used for general corporate purposes. “Given our objective of resuming construction shortly upon completing the project financing package,...

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Base Carbon Announces Receipt of Article 6 Authorized Labeled Carbon Credits

TORONTO, Oct. 25, 2024 (GLOBE NEWSWIRE) — Base Carbon Inc. (Cboe CA: BCBN) (OTCQX: BCBNF) with operations through its wholly-owned subsidiary, Base Carbon Capital Partners Corp. (together, with affiliates, “Base Carbon”, or the “Company”), is pleased to announce that it has received a second transfer of 1,014,635 carbon credits from its Rwanda project, each designated with Verra’s Article 6 Authorized label. Highlights Received second transfer of 1,014,635 Article 6 Authorized labeled carbon credits from the Rwanda project. The Company now holds a current inventory of 1,712,193 Article 6 Authorized labeled carbon credits generated from the Rwanda project. Pursuant to the terms of the project agreement with the DelAgua Group, the project developer, and the letter of authorization issued by the Government of Rwanda (“LOA”) with...

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