Day: October 30, 2024

HOUSTON, Oct. 30, 2024 (GLOBE NEWSWIRE) — SEACOR Marine Holdings Inc. (NYSE: SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced results for its third quarter ended September 30, 2024. SEACOR Marine’s consolidated operating revenues for the third quarter of 2024 were $68.9 million, operating loss was $6.5 million, and direct vessel profit (“DVP”)(1) was $16.0 million. This compares to consolidated operating revenues of $76.9 million, operating income of $9.8 million, and DVP of $36.8 million in the third quarter of 2023, and consolidated operating revenues of $69.9 million, operating loss of $3.9 million, and DVP of $20.3 million in the second quarter of 2024. Notable third quarter items include:10.4% decrease in revenues...

NEW YORK, Oct. 30, 2024 (GLOBE NEWSWIRE) — Ponce Financial Group, Inc., (the “Company”) (NASDAQ: PDLB), the holding company for Ponce Bank (the “Bank”), today announced results for the third quarter of 2024. Third Quarter 2024 Highlights (Compared to Prior Periods):Net income available to common stockholders was $2.2 million, or $0.10 per diluted share for the three months ended September 30, 2024, as compared to net income available to common stockholders of $3.1 million, or $0.14 per diluted share for the three months ended June 30, 2024 and net income available to common stockholders of $2.6 million, or $0.12 per diluted share for the three months ended September 30, 2023. Total net income for the three months ended September 30, 2024 was $2.4 million. The Company paid dividends of $0.3 million on its preferred stock during...

  Three months ended           Three months ended        September 30,    June 30,      sequential   September 30,       year-over-year  2024   2024   change   2023   change(In millions, except per share amounts, percentages and backlog)                                    Contract drilling revenues $ 948       $ 861       $ 87       $ 713       $ 235  Adjusted contract drilling revenues $ 948       $ 861       $ 87       $ 721       $ 227  Revenue efficiency (1)   94.5   %       96.9   %               95.4   %        Operating and maintenance expense $ 563       $ 534       $ 29       $ 524       $ 39  Net loss attributable to controlling interest $ (494 )     $ (123 )     $ (371 )     $ (220 )     $ (274 )Diluted loss per share $ (0.58 )     $ (0.15 )     $ (0.43 )     $ (0.28 )     $ (0.30 )                                     Adjusted...

Third Quarter ResultsTotal revenues of $44.0 million, a 15% year-over-year improvement, driven in part by increased international revenues Net income of $4.1 million and diluted earnings per share of $1.60, compared to $4.4 million and diluted earnings per share of $1.77 one year ago Adjusted EBITDA of $7.1 million, a $0.3 million year-over-year improvement Cash flows from operating activities of $2.1 million for the first nine months of 2024; free cash flow less distributions to non-controlling interest of $0.4 million, a $3.3 million improvement over the first nine months of 2023 $15.3 million in cash and $8.6 million of total debt as of September 30, 2024HOUSTON, Oct. 30, 2024 (GLOBE NEWSWIRE) — NCS Multistage Holdings, Inc. (Nasdaq: NCSM) (the “Company,” “NCS,” “we” or “us”), a leading provider of highly engineered products...

FRISCO, TX, Oct. 30, 2024 (GLOBE NEWSWIRE) — Comstock Resources, Inc. (“Comstock” or the “Company”) (NYSE: CRK) today reported financial and operating results for the quarter ended September 30, 2024. Highlights of 2024‘s Third QuarterWeak natural gas prices continued to weigh heavily on the third quarter financial results. Natural gas and oil sales, including realized hedging gains, were $305 million. Operating cash flow was $152 million or $0.52 per diluted share. Adjusted EBITDAX for the quarter was $202 million. Adjusted net loss was $48.5 million or $0.17 per share for the quarter. Lower completion activity was planned for the quarter, resulting in eight (5.4 net) operated wells being turned to sales since the Company’s last update with an average initial production of 21 MMcf per day. First...

Company to Host Conference Call on Thursday, October 31, 2024, at 11:00 a.m. Eastern Daylight Time RENO, Nev., Oct. 30, 2024 (GLOBE NEWSWIRE) — Employers Holdings, Inc. (the “Company”) (NYSE:EIG), a holding company with subsidiaries that are specialty providers of workers’ compensation insurance and services focused on small and mid-sized businesses engaged in low-to-medium hazard industries, today reported financial results for its third quarter ended September 30, 2024. Financial Highlights:(All comparisons vs. the third quarter of 2023).Net income per diluted share increased by 124%, from $0.54 to $1.21, Adjusted net income per diluted share increased 19%, from $0.68 to $0.81, Gross premiums written decreased 8%, from $196.2 million to $181.2 million, Net premiums earned increased 1%, from $184.6 million to $186.6 million, Underwriting...

NEW YORK, Oct. 30, 2024 (GLOBE NEWSWIRE) — Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE:ARI) today reported results for the quarter ended September 30, 2024. Net loss attributable to common stockholders per diluted share of common stock was ($0.69) for the quarter ended September 30, 2024. Distributable Earnings (a non-GAAP financial measure defined below) and Distributable Earnings prior to net realized loss on investments per share of common stock was ($0.59) and $0.31 for the quarter ended September 30, 2024, respectively. Massachusetts HealthcareIn March 2022, ARI and other Apollo-managed entities co-originated a 55% loan-to-cost first mortgage loan secured by eight hospitals in Massachusetts. ARI’s pro-rata interest in the commercial mortgage loan represented 41.2% of the original whole loan amount....

Net Interest Income increased $467 thousand, or 2.1%, to $23.0 million for the quarter ended September 30, 2024, from $22.5 million for the quarter ended September 30, 2023 Net Interest Margin grew 3 basis points to 3.81% for the quarter ended September 30, 2024, as compared to 3.78% for the quarter ended September 30, 2023 Total Loans grew $49.0 million, or 2.8%, reaching $1.8 billion at September 30, 2024 as compared to $1.7 billion at December 31, 2023. Total Deposits rose $101.3 million, or 5.0%, to $2.1 billion at September 30, 2024, from $2.0 billion at year-end 2023 Book value per share increased $4.77, or 16.3%, to $34.03 at September 30, 2024, from $29.26 at December 31, 2023 Trust and investment advisory income rose $521 thousand, or 20.1%, to $3.1 million for Q3 2024, as compared to $2.6 million for Q3 2023MIDDLETOWN, N.Y.,...

RUTLAND, Vt., Oct. 30, 2024 (GLOBE NEWSWIRE) — Casella Waste Systems, Inc. (NASDAQ: CWST), a regional solid waste, recycling and resource management services company, today reported its financial results for the three and nine-month periods ended September 30, 2024. Key Highlights:Revenues were $411.6 million for the quarter, up $58.9 million, or up 16.7%, from the same period in 2023. Solid waste pricing for the quarter was up 5.5% from the same period in 2023, driven by 6.1% collection price growth. Net income was $5.8 million for the quarter, down $(12.4) million, or down (68.2)%, as compared to $18.2 million for the same period in 2023. Adjusted EBITDA, a non-GAAP measure, was $102.9 million for the quarter, up $13.3 million, or up 14.9%, from the same period in 2023. Net cash provided by operating activities was $171.6 million...