Day: October 28, 2024

NEWARK, Ohio, Oct. 28, 2024 (GLOBE NEWSWIRE) — Park National Corporation (Park) (NYSE American: PRK) today reported financial results for the third quarter and first nine months of 2024. Park’s board of directors declared a quarterly cash dividend of $1.06 per common share and a special one-time dividend of $0.50 per common share, both payable on December 10, 2024, to common shareholders of record as of November 15, 2024. “Our bankers remain unwavering in their desire to serve more and find creative ways to meet the needs of our customers,” said Park Chairman and Chief Executive Officer David Trautman. “Our bankers are diligent, compassionate and resilient. We saw it firsthand this month as Park bankers and customers in the Carolinas and Florida weathered hurricanes Helene and Milton and overcame extreme challenges and devastation....

JACKSONVILLE, Fla., Oct. 28, 2024 (GLOBE NEWSWIRE) — Regency Centers Corporation (“Regency Centers”, “Regency” or the “Company”) (Nasdaq: REG) today reported financial and operating results for the period ended September 30, 2024 and provided updated 2024 earnings guidance. For the three months ended September 30, 2024 and 2023, Net Income Attributable to Common Shareholders was $0.54 per diluted share and $0.50 per diluted share, respectively. Third Quarter HighlightsReported Nareit FFO of $1.07 per diluted share and Core Operating Earnings of $1.03 per diluted share Raised 2024 Nareit FFO guidance to a range of $4.27 to $4.29 per diluted share and 2024 Core Operating Earnings guidance to a range of $4.12 to $4.14 per diluted share The midpoint of 2024 Core Operating Earnings guidance represents more than 5% year-over-year growth,...

IRVINE, Calif., Oct. 28, 2024 (GLOBE NEWSWIRE) — Inari Medical, Inc. (NASDAQ: NARI) (“Inari”), a medical device company with a mission to treat and transform the lives of patients suffering from venous and other diseases, today reported financial results for its third quarter ended September 30, 2024. Third Quarter Financial and Recent Business HighlightsGenerated revenue of $153 million in Q3 of 2024, up 21% over the same quarter of last year. GAAP operating loss was $13.6 million in Q3 of 2024, compared to a $2.1 million operating income in the same quarter of last year. Non-GAAP operating loss was $0.4 million in Q3 of 2024, compared to a $4.8 million non-GAAP operating income in the same quarter of last year. Cash, cash equivalents and short-term investments were $112 million as of Q3 of 2024. Received acceptance for the...

SAN RAFAEL, Calif., Oct. 28, 2024 (GLOBE NEWSWIRE) — Ekso Bionics Holdings, Inc. (Nasdaq: EKSO) (the “Company”), an industry leader in exoskeleton technology for medical and industrial use, today reported financial results for the three and nine months ended September 30, 2024. Recent Highlights and AccomplishmentsReported revenue of $4.1 million in the third quarter of 2024 Sold a total of 33 EksoHealth devices in the third quarter of 2024 Announced receipt of initial Centers for Medicare & Medicaid Services (“CMS”) reimbursement for Ekso Indego Personal Achieved gross margin of 53.5% in the third quarter of 2024 Completed underwritten offering resulting in net proceeds of approximately $5.0 million in September 2024“The receipt of initial CMS reimbursement through our Durable Medical Equipment Medicare Administrative...

Third Quarter 2024 ResultsNet Income of $8.7 million, or $0.62 per shareNet Income, as adjusted to exclude the impact of merger-related expenses (non-GAAP)(1), of $9.2 million, or $0.66 per shareTangible Book Value Per Share(1) of $20.13, increased 4.5%, or $0.87 as compared to $19.26 (2Q 2024). Net Interest Income increased $1.3 million, or 3.5% (not annualized), from 2Q 2024 Net Interest Margin (“NIM”) decreased to 6.41% as compared to 6.46% (2Q 2024)Core NIM, as adjusted to exclude the impact of credit card loans (non-GAAP)(1) increased to 4.08% as compared to 4.00% (2Q 2024)Loan Growth of $85.9 million, or 16.9% annualized for 3Q 2024 Deposit Growth of $85.8 million, or 16.2% annualized for 3Q 2024; Noninterest bearing deposits increased $33.5 million, or 19.5% annualized from 2Q 2024 Cash dividend of $0.10...

TAMPA, Fla., Oct. 28, 2024 (GLOBE NEWSWIRE) — Kforce Inc. (NYSE: KFRC), a solutions firm that specializes in technology and other professional staffing services, today announced results for the third quarter of 2024. References to “as adjusted” figures within this press release relate to results for the quarter ended September 30, 2023, as adjusted for certain expenses. These references pertain to non-GAAP measures that are more fully described in the Adjusted Financial Performance Measures section of this press release. Joseph J. Liberatore, President and Chief Executive Officer, said, “We are pleased with our third quarter performance as revenues exceeded the midpoint of our expectations and earnings per share exceeded the top end of our guidance. Our Technology business has largely been stable for the last four quarters...

CALGARY, Alberta, Oct. 28, 2024 (GLOBE NEWSWIRE) — PrairieSky Royalty Ltd. (“PrairieSky” or the “Company”) (TSX: PSK) is pleased to announce its third quarter (“Q3 2024”) operating and financial results for the three-month period ended September 30, 2024.Third Quarter Highlights:Royalty production revenues of $111.5 million combined with other revenues of $5.8 million to generate total revenues of $117.3 million for Q3 2024. Other revenues included bonus consideration of $4.1 million earned on entering into 54 new leasing arrangements focused on light and heavy oil targets across a number of different plays. Oil royalty production volumes averaged 12,733 barrels per day, a 5% increase over Q3 2023. Total royalty production averaged 24,422 BOE per day, a 4% decrease from Q3 2023 due to...

CSWC Reports Pre-Tax Net Investment Income of $0.64 Per Share for Quarter Ended September 30, 2024 DALLAS, Oct. 28, 2024 (GLOBE NEWSWIRE) — Capital Southwest Corporation (“Capital Southwest,” “CSWC” or the “Company”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, today announced its financial results for the second fiscal quarter ended September 30, 2024. Second Quarter Fiscal Year 2025 Financial HighlightsTotal Investment Portfolio: $1.5 billionCredit Portfolio of $1.4 billion:98% 1st Lien Senior Secured Debt $88.0 million in new committed credit investments during the quarter Weighted Average Yield on Debt Investments: 12.9% Current non-accruals with a fair value of $52.2 million, representing...