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Day: October 30, 2024

Silicon Motion Appoints Jason Tsai as Chief Financial Officer

TAIPEI, Taiwan and MILPITAS, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) — Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”), a global leader in designing and marketing NAND flash controllers for solid state storage devices, today announced, following a search process, that Jason Tsai, currently the Interim Chief Financial Officer and VP of Investor Relations and Finance of the Company, has been appointed the Chief Financial Officer, effective October 28, 2024. Mr. Tsai has served as our Interim CFO since April 25, 2024. Wallace Kou, Chief Executive Officer of Silicon Motion, said, “Jason has made innumerable contributions to the strong performance of our finance team and the financial results of the Company in his previous roles as Interim CFO and VP of Investor Relations and Finance. After...

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Silicon Motion Announces Results for the Period Ended September 30, 2024

Business HighlightsThird quarter of 2024 sales increased 1% Q/Q and increased 23% Y/YSSD controller sales: 3Q of 2024 were flat Q/Q and increased 20% to 25% Y/Y eMMC+UFS controller sales: 3Q of 2024 increased 0% to 5% Q/Q and increased 40% to 45% Y/Y SSD solutions sales: 3Q of 2024 increased 5% to 10% Q/Q and increased 5% to 10% Y/YFinancial Highlights  3Q 2024 GAAP 3Q 2024 Non-GAAP• Net sales $212.4 million (+1% Q/Q, +23% Y/Y) $212.4 million (+1% Q/Q, +23% Y/Y)• Gross margin 46.7% 46.8%• Operating margin 11.5% 16.1%• Earnings per diluted ADS $0.62 $0.92TAIPEI, Taiwan and MILPITAS, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) — Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion,” the “Company” or “we”) today announced its financial results for the quarter ended September 30, 2024. For the...

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Timbercreek Financial Announces 2024 Third Quarter Results

TORONTO, Oct. 30, 2024 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) announced today its financial results for the three and nine months ended September 30, 2024 (“Q3 2024”). Q3 2024 Highlights1The net mortgage investment portfolio increased by $14.1 million to $1,017.6 million at the end of Q3 2024 from $1,003.4 million at the end of Q2 2024 (Q3 2023 – $1,068.6 million). Net investment income of $25.4 million compared to $30.3 million in Q3 2023. Net income and comprehensive income of $14.1 million (Q3 2023 – $16.5 million) or basic earnings per share of $0.17 (Q3 2023 – $0.20). Distributable income of $15.0 million (Q3 2023 – $16.8 million) or distributable income per share of $0.18 (Q3 2023 – $0.20 per share). Declared a total of $14.3 million in dividends to shareholders, or $0.17 per share, reflecting...

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Consolidated Lithium Closes Private Placement Flow-Through Financing

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Oct. 30, 2024 (GLOBE NEWSWIRE) —  CONSOLIDATED LITHIUM METALS INC. (TSXV: CLM | OTCQB: JORFF | FRA: Z36) (“Consolidated Lithium” or the “Company“) is pleased to announce that it has closed its previously announced non-brokered private placement financing of units (each, a “Unit”) at a price of $0.025 per Unit for gross proceeds of $300,000 (the “Offering”). For more information on the Offering, please see the Company’s press releases dated September 23, 2024 and October 23, 2024, each of which is available under the Company’s SEDAR+ profile at www.sedarplus.ca. Pursuant to the Offering, Consolidated Lithium issued on a “flow-through basis” 12,000,000 Units at a price of $0.025 per Unit. Each Unit consists of one common share...

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Sprott Announces Date for 2024 Third Quarter Results Webcast

TORONTO, Oct. 30, 2024 (GLOBE NEWSWIRE) — Sprott Inc. (NYSE:SII) (TSX:SII) (“Sprott”) announced today that it plans to release its third quarter results at 7:00 a.m. on November 6, 2024. Sprott will host an earnings webcast that morning at 10:00 a.m. to discuss the results. Sprott CEO, Whitney George, together with Sprott CFO, Kevin Hibbert and Sprott Asset Management CEO, John Ciampaglia, will host the webcast, which can be accessed as outlined below.Webcast Details  Date: November 6, 2024Time: 10:00am ETAudio Webcast: https://edge.media-server.com/mmc/p/7nbc4pms   PLEASE NOTE: Research analysts who cover the company should register at: https://register.vevent.com/register/BIecf4c3c925374bf19a6ce5051f64dd6d Pre-registration is now open. About SprottSprott is a global asset manager focused on precious metals and...

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Koil Energy Solutions Announces Dates for Third Quarter 2024 Earnings Release and Conference Call

HOUSTON, Oct. 30, 2024 (GLOBE NEWSWIRE) — Koil Energy Solutions, Inc. (OTCQB: KLNG), a specialist in deepwater energy production and distribution equipment and services, announced today that it will report its third quarter 2024 results on Monday, November 4, 2024 before the market opens. Koil will host an investor conference call to review its third quarter 2024 results on Monday, November 4, 2024 at 10:00 am Eastern Time (call details below).Call Dial-in: Toll Free: 1-833-630-1956  Toll/International: 1-412-317-1837  Please ask to join the Koil Energy Solutions call.Webcast URL: https://edge.media-server.com/mmc/p/kzxfna26 The earnings release and a replay of the conference call will be available on the Company’s website, www.koilenergy.com, under the “Investors” section. About Koil Koil is a leading energy services...

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Eloro Resources Increases Non-Brokered Private Placement Offering to 4,200,000 units for Gross Proceeds of $3,780,000 and Schedules Closing for October 31, 2024

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. TORONTO, Oct. 30, 2024 (GLOBE NEWSWIRE) — Eloro Resources Ltd. (“Eloro” or the “Company”) (TSX: ELO; OTCQX: ELRRF; FSE: P2QM) is pleased to announce that, in connection with its previously announced non-brokered private placement offering (the “Offering”), the Company has increased the size of the Offering from up to 3,900,000 units of the Company (the “Units”) at $0.90 per Unit for gross proceeds of up to $3,510,000, to 4,200,000 Units for gross proceeds of $3,780,000. The Company also announces the Offering is fully subscribed and the closing of the second and final tranche is scheduled to take place on October 31, 2024. Each Unit consists...

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CPS to Host Conference Call on Third Quarter 2024 Earnings

LAS VEGAS, Oct. 30, 2024 (GLOBE NEWSWIRE) — Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced that it will hold a conference call on Friday, November 1, 2024 at 1:00 p.m. ET to discuss its third quarter 2024 operating results. Those wishing to participate can pre-register for the conference call at the following link https://register.vevent.com/register/BIaadcdbbe0a7849aa918eac85c86475ff. Registered participants will receive an email containing conference call details for dial-in options. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the schedule start time. A replay will be available beginning two hours after conclusion of the call for 12 months via the Company’s website at https://ir.consumerportfolio.com/investor-relations. About Consumer...

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Kneat to Announce 2024 Third-Quarter Financial Results November 6, 2024

LIMERICK, Ireland, Oct. 30, 2024 (GLOBE NEWSWIRE) — kneat.com, inc. (TSX: KSI) (OTC: KSIOF) (“Kneat” or the “Company”) a leader in digitizing and automating validation and quality processes, announced today that the Company will release its financial results for the quarter ended September 30, 2024, after TSX market close on November 6, 2024. Eddie Ryan, Chief Executive Officer and Hugh Kavanagh, Chief Financial Officer, will host a conference call and Q&A for sell side analysts via webcast on November 7, 2024 at 09:00 ET (14:00 GMT). Interested parties can register for the live webcast via the following link: Register Here The third-quarter financial results will be available from the Financial Information section of the Investors page on the Kneat Solutions website, at: https://kneat.com/investors/  About KneatKneat Solutions...

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iRhythm Technologies Receives FDA 510(k) Clearance for Design Modifications to Its Zio® AT Device

Zio AT device, along with the Zio ECG Utilization Software (ZEUS) (K222389), enables the provision of ambulatory Mobile Cardiac Telemetry (MCT) monitoring service for non-critical care patients FDA 510(k)-cleared enhancements will be available in 2025 SAN FRANCISCO, Oct. 30, 2024 (GLOBE NEWSWIRE) — iRhythm Technologies, Inc. (NASDAQ:IRTC), a leading digital health care company focused on creating trusted solutions that detect, predict, and prevent disease, announced today that the U.S. Food and Drug Administration (FDA) has granted clearance for its 510(k) submission related to design modifications and labeling updates for the Zio AT device. Zio AT remains commercially available on the market to ship to customers in the United States, and product enhancements subject to this 510(k) clearance will be available in 2025. “This clearance...

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