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Day: October 31, 2024

Timberland Bancorp Reports Fourth Fiscal Quarter Net Income of $6.36 Million

Quarterly EPS of $0.79 and Fiscal Year EPS of $3.01 Quarterly Return on Average Assets of 1.32% Quarterly Return on Average Equity of 10.43% Quarterly Net Interest Margin improves to 3.58% Net Loans Increased by 9% Year-Over-Year Deposits Increased by 6% Year-Over-Year Announces a 4% Increase in the Quarterly Cash DividendHOQUIAM, Wash., Oct. 31, 2024 (GLOBE NEWSWIRE) — Timberland Bancorp, Inc. (NASDAQ: TSBK) (“Timberland” or “the Company”), the holding company for Timberland Bank (the “Bank”), today reported net income of $6.36 million, or $0.79 per diluted common share for the quarter ended September 30, 2024. This compares to net income of $5.92 million, or $0.74 per diluted common share for the preceding quarter and $6.64 million, or $0.81 per diluted common share, for the comparable quarter one year ago. Timberland also...

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SiriusPoint reports eighth consecutive quarter of underwriting profits and seventh consecutive quarter of positive net income

HAMILTON, Bermuda, Oct. 31, 2024 (GLOBE NEWSWIRE) — SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE:SPNT) today announced results for its third quarter ended September 30, 2024Third quarter net income of $5 million, impacted by completion of the previously announced CMIG shareholder transaction. Underlying net income1 of $89 million, up 69% versus prior year driven by higher underwriting and investment income Combined ratio of 88.5% in the third quarter for Core business, representing a 4 point improvement versus prior year, resulting in a year to date core combined ratio of 91.1% and core underwriting income of $144 million Growth in the quarter of 10% on gross premiums written for continuing lines business (excluding 2023 exited programs), contributing to 7% growth year to date Book value per diluted common share of...

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Progress Completes Acquisition of ShareFile

ShareFile’s AI-powered, document-centric collaboration platform expands Progress’ industry-leading product portfolio and marks a major milestone in the company’s Total Growth Strategy BURLINGTON, Mass., Oct. 31, 2024 (GLOBE NEWSWIRE) — Progress (Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced the completion of the acquisition of ShareFile, a business unit of Cloud Software Group, Inc., providing a SaaS-native, AI-powered, document-centric collaboration platform, focusing on industry segments including business and professional services, financial services, industrial and healthcare. “This acquisition marks the latest major milestone in Progress’ Total Growth Strategy, which is built on three pillars: Invest and Innovate, Acquire and Integrate and Drive Customer Success. The addition of...

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Gatos Silver Third Quarter 2024 Results Conference Call and Webcast

VANCOUVER, British Columbia, Oct. 31, 2024 (GLOBE NEWSWIRE) — Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) will release its third quarter of 2024 financial and operating results after North American markets close on Monday, November 11, 2024. The Company will host a conference call and webcast to discuss the results on Tuesday, November 12, 2024, at 11:00 a.m. Eastern Time. Date: Tuesday, November 12, 2024Time: 11:00 a.m. ETListen-Only Webcast: https://events.q4inc.com/attendee/627122313Direct Event Registration Link (for Analysts only): https://registrations.events/direct/Q4I98433625 An archive of the webcast will be available on the Company’s website at: https://gatossilver.com within 24 hours. About Gatos Silver Gatos Silver is a silver dominant exploration, development and production company that discovered...

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Gauzy Ltd. adds Second Production Shift in Europe to Meet Strong Global Demand; Releases Preliminary Third Quarter Revenue Range and Provides Fourth Quarter Guidance

Company Reaches Agreement with Workers’ Union to Expand Production Output Through Addition of Second Shift at Lyon, France Facility TEL AVIV, Israel, Oct. 31, 2024 (GLOBE NEWSWIRE) — Gauzy Ltd. (Nasdaq: GAUZ) (“Gauzy” or the “Company”), a global leader in vision and light control solutions, today announced that it has added a second production shift at its facility in Lyon, France to expand its overall capacity and meet continued strong demand. The Company is also providing preliminary unaudited revenue ranges for its third quarter ended September 30, 2024 and revenue guidance for its fourth quarter ended December 31, 2024. Third quarter 2024 revenues are expected to be in a range of $23.0 million to $23.5 million compared to $18.7 million in the third quarter 2023, equating to approximately 24% growth at the midpoint. For the...

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Sonoco Reports Third Quarter 2024 Results

HARTSVILLE, S.C., Oct. 31, 2024 (GLOBE NEWSWIRE) — Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), one of the largest sustainable global packaging companies, today reported financial results for its third quarter ended September 29, 2024. Summary:Achieved GAAP net income attributable to Sonoco of $51 million, Adjusted EBITDA of $281 million, diluted earnings per share of $0.51 and Adjusted diluted earnings per share of $1.49 Generated productivity improvements of $39 million during the third quarter of 2024 and $141 million during the first nine months of 2024 Generated $438 million of operating cash flow and $171 million of Free Cash Flow during the first nine months of 2024 Entered into an agreement on June 24, 2024, to acquire Eviosys for approximately €3.6 billion (approximately $3.9 billion); on track to...

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Navios Maritime Partners L.P. Announces the Date for the Release of Third Quarter Ended September 30, 2024 Results, Conference Call and Webcast

Conference Call & Webcast: Tuesday, November 5, 2024 at 8:30 am ET MONACO, Oct. 31, 2024 (GLOBE NEWSWIRE) — Navios Maritime Partners L.P. (“Navios Partners”) (NYSE:NMM) announced today that it will host a conference call on Tuesday, November 5, 2024 at 8:30 am ET, at which time Navios Partners’ senior management will provide highlights and commentary on earnings results for the third quarter and nine months ended September 30, 2024. The Company will report results for the third quarter and nine months ended September 30, 2024, prior to the conference call. A supplemental slide presentation will be available on the Navios Partners website atwww.navios-mlp.com under the “Investors” section at 8:00 am ET on the day of the call. Conference Call details:Call Date/Time: Tuesday, November 5, 2024 at...

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Do Not Distribute – TEST #2

Company Acquires Callpointe OMAHA, Neb., Oct. 31, 2024 (GLOBE NEWSWIRE) — West Corporation (Nasdaq:WSTC), a global provider of communication and network infrastructure services, today announced its second quarter 2017 results. Select Financial Information Unaudited, in millions except per share amounts      Three Months Ended June 30,       Six Months Ended June 30,       2017       2016     % Change     2017       2016     % ChangeRevenue   $ 574.4     $ 582.4     -1.4 %   $ 1,146.9     $ 1,153.2     -0.5 %Operating Income     102.6       123.1     -16.7 %     210.8       232.0     -9.1 %Net Income     44.8       33.0     35.7 %     98.9       77.5     27.5 %Earnings per Share – Diluted     0.52       0.39     33.3 %     1.16       0.92     26.1 %Cash Flows from Operating Activities     107.3       137.4     -21.9 %     160.0       197.5     -19.0 %Cash...

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INmune Bio Inc. Announces Third Quarter 2024 Results and Provides Business Update

Company to Host Conference Call Today, October 31, at 4:30pm ET BOCA RATON, Fla., Oct. 31, 2024 (GLOBE NEWSWIRE) — INmune Bio Inc. (NASDAQ: INMB) (the “Company”), a clinical-stage inflammation and immunology company focused on developing treatments that harness the patient’s innate immune system to fight disease, today announces its financial results for the quarter ended September 30, 2024 and provides a business update. Q3 2024 and Recent Corporate Highlights   DN-TNF Platform Highlights (XPro™):Announced completion enrollment for its Phase 2 Alzheimer’s Disease (“AD”) trial on Friday, 27 September. This global, blinded, randomized Phase 2 trial (the “AD02 trial”) is focused on patients with Early AD and biomarkers of elevated neuroinflammation. Enrollment of new patients into the trial was concluded after the Company...

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LeMaitre Q3 2024 Financial Results

BURLINGTON, Mass., Oct. 31, 2024 (GLOBE NEWSWIRE) — LeMaitre (Nasdaq:LMAT), a provider of vascular devices, implants, and services, reported Q3 2024 results, announced a $0.16/share quarterly dividend, and provided guidance. Q3 2024 Financial ResultsSales $54.8mm, +16% (+16% organic) vs. Q3 2023 Gross margin 67.8%, +280 bps Op. income $13.1mm, +43% Op. margin 24% Earnings per diluted share $0.49, +46% Cash up $10.8mm sequentially to $123.9mmGrafts (+24%), patches (+13%) and carotid shunts (+18%) drove Q3 sales growth. APAC sales increased 24%, EMEA 22% and the Americas 12%. The gross margin increased to 67.8% (vs. 65.0% in Q3 2023), driven by price increases and manufacturing efficiencies. Operating income of $13.1mm was up 43% vs. Q3 2023. Operating expenses grew 11.1% in Q3 largely due to additional sales offices and personnel....

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