Day: November 5, 2024

FTC Solar to Announce Third Quarter Financial Results Tuesday, November 12, 2024

Written by Customer Service on November 5, 2024. Posted in Public Companies.

AUSTIN, Texas, Nov. 05, 2024 (GLOBE NEWSWIRE) — FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software, and engineering services, today announced it will report its third quarter financial results before market open on Tuesday, November 12, 2024. A conference call for members of the investment community will be held at 8:30 a.m. E.T. that same day, during which the Company will discuss its third quarter 2024 results, its outlook and other business items. This call will be webcast and can be accessed within the Investor Relations section of the FTC Solar corporate website at investor.ftcsolar.com. A replay of the conference call will also be available on the website for 30 days following the webcast. About FTC Solar, Inc.Founded in 2017 by a group of renewable energy industry veterans, FTC Solar is...

Fengate Asset Management announces financial close on two U.S. healthcare facilities

Written by Customer Service on November 5, 2024. Posted in Mergers And Acquisitions.

Tavares IRF, FloridaTavares IRF, FloridaTAVARES, Fla., Nov. 05, 2024 (GLOBE NEWSWIRE) — Fengate Asset Management (Fengate) is pleased to announce financial close on the acquisition of two operating inpatient rehabilitation facilities (IRFs) in Georgetown, Delaware and Tavares, Florida. The 34-bed Georgetown IRF started operations in 2022 and the 42-bed Tavares facility in 2023. The acquisition brings the firm’s social infrastructure portfolio to 45 assets and total beds to more than 4,900. “The acquisition of these facilities is important to our social infrastructure strategy, which includes a commitment to enhancing healthcare infrastructure in the U.S. as well as delivering long-term, predictable and contracted returns for our investors,” said Andrew Cogan, Managing Director and Portfolio Manager of Fengate Infrastructure...

Studio City International Holdings Limited Announces Unaudited Third Quarter 2024 Earnings

Written by Customer Service on November 5, 2024. Posted in Earnings Releases And Operating Results.

MACAU, Nov. 05, 2024 (GLOBE NEWSWIRE) — Studio City International Holdings Limited (NYSE: MSC) (“Studio City” or the “Company”), a world-class integrated resort located in Cotai, Macau, today reported its unaudited financial results for the third quarter of 2024. Total operating revenues for the third quarter of 2024 were US$174.6 million, compared with total operating revenues of US$137.6 million in the third quarter of 2023. The increase was primarily attributable to the continued recovery in inbound tourism in Macau during the third quarter of 2024, and the ramp up of operations following the opening of Studio City Phase 2 in April 2023, which led to an increase in revenue from casino contract and higher non-gaming revenues. Studio City Casino generated gross gaming revenues of US$335.5 million and US$256.3 million for the third...

Melco Announces Unaudited Third Quarter 2024 Earnings

Written by Customer Service on November 5, 2024. Posted in Earnings Releases And Operating Results.

MACAU, Nov. 05, 2024 (GLOBE NEWSWIRE) — Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”), a developer, owner, and operator of integrated resort facilities in Asia and Europe, today reported its unaudited financial results for the third quarter of 2024. Total operating revenues for the third quarter of 2024 were US$1.18 billion, representing an increase of approximately 16% from US$1.02 billion for the comparable period in 2023. The increase in total operating revenues was primarily attributable to the improved performance in all gaming segments and non-gaming operations, led by the continued recovery in inbound tourism to Macau during the third quarter of 2024. Operating income for the third quarter of 2024 was US$138.6 million, compared with operating income of US$94.7 million in the third quarter...

Oxford Square Capital Corp. Announces Net Asset Value and Selected Financial Results for the Quarter Ended September 30, 2024 and Declaration of Distributions on Common Stock for the Months Ending January 31, February 28, and March 31, 2025

Written by Customer Service on November 5, 2024. Posted in Earnings Releases And Operating Results.

GREENWICH, Conn., Nov. 05, 2024 (GLOBE NEWSWIRE) — Oxford Square Capital Corp. (NasdaqGS: OXSQ) (NasdaqGS: OXSQZ) (NasdaqGS: OXSQG) (the “Company,” “we,” “us” or “our”) announced today its financial results and related information for the quarter ended September 30, 2024.On October 31, 2024, our Board of Directors declared the following distributions on our common stock:Month Ending Record Date Payment Date Amount Per ShareJanuary 31, 2025 January 17, 2025 January 31, 2025 $0.035February 28, 2025 February 14, 2025 February 28, 2025 $0.035March 31, 2025 March 17, 2025 March 31, 2025 $0.035 Net asset value (“NAV”) per share as of September 30, 2024 stood at $2.35, compared with a NAV per share on June 30, 2024 of $2.43.Net investment income (“NII”) was approximately $6.2 million, or $0.10 per share,...

Portillo’s Inc. Announces Third Quarter 2024 Financial Results

Written by Customer Service on November 5, 2024. Posted in Earnings Releases And Operating Results.

CHICAGO, Nov. 05, 2024 (GLOBE NEWSWIRE) — Portillo’s Inc. (“Portillo’s” or the “Company”) (NASDAQ: PTLO), the restaurant concept known for its menu of Chicago-style favorites, today reported financial results for the third quarter ended September 29, 2024. Michael Osanloo, President and Chief Executive Officer of Portillo’s, said, “While our top line results for the quarter fell short of expectations, I’m proud of how our team protected margins and drove cash flow. We’re profitable, we’re controlling the levers we can, and we’re positioned for lasting, long-term growth.” Financial Highlights for the Third Quarter 2024 vs. Third Quarter 2023:Total revenue increased 6.9% or $11.4 million to $178.3 million; Same-restaurant sales* decreased 0.9%; Operating income increased $0.9 million to $16.0 million; Net income increased $2.2...

Great Lakes Reports Third Quarter 2024 Results

Written by Customer Service on November 5, 2024. Posted in Earnings Releases And Operating Results.

Third quarter net income of $8.9 million Third quarter adjusted EBITDA of $27.0 millionRecord dredging backlog of $1.21 billion at September 30, 2024 HOUSTON, Nov. 05, 2024 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (Nasdaq: GLDD), the largest provider of dredging services in the United States, today reported financial results for the third quarter ended September 30, 2024. Third Quarter 2024 HighlightsRevenue was $191.2 million Total operating income was $16.7 million Net income was $8.9 million Adjusted EBITDA was $27.0 million Record dredging backlog of $1.21 billionManagement Commentary Lasse Petterson, President and Chief Executive Officer, commented, “Great Lakes had a solid third quarter with strong project performance and substantial project wins in the bid market....

Core Molding Technologies Reports Fiscal 2024 Third Quarter Results

Written by Customer Service on November 5, 2024. Posted in Earnings Releases And Operating Results.

COLUMBUS, Ohio, Nov. 05, 2024 (GLOBE NEWSWIRE) — Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding”, “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today reports financial and operating results for the fiscal periods ended September 30, 2024. Third Quarter 2024 HighlightsTotal net sales of $73.0 million decreased 15.8% compared to the prior year third quarter. Gross margin of $12.3 million, or 16.9% of net sales, compared to 17.6% of net sales in the prior year third quarter. Selling, general, and administrative expenses of $8.7 million, or 12.0% of net sales, compared to $9.4 million, or 10.8%...

Prime Drink Group Announces the Resumption of Trading in its Shares

Written by Customer Service on November 5, 2024. Posted in Mergers And Acquisitions.

Prime’s enhanced profile after the acquisition:A 100,000-square-foot beverage production facility with an annual production capacity of 550,000 hectolitres. More than 10 brands and distribution rights, including beer brands Glutenberg, Oshlag, Vox Populi and 2 Frères, and beverage brands Baron, Octane, Mojo, Beach Day Every Day spirits and Beach Day Every Day Malt (outside Quebec only). Freshwater reserve rights covering a potential total annual volume of 3.351 billion litres, making Prime one of the largest holders of extraction rights in Canada.MONTREAL, Nov. 05, 2024 (GLOBE NEWSWIRE) — Prime Drink Group Corp. (CSE: PRME) (“Prime” or the “Company”) is pleased to announce the resumption of trading in its shares today. Alexandre Côté, Prime’s President and Chief Executive Officer, said: “After several months of hard...

Avid Closes Acquisition of Wolftech

Written by Customer Service on November 5, 2024. Posted in Mergers And Acquisitions.

Broadcast technology leaders complete acquisition process, joining forces to empower digital-first, story-driven newsroom collaborationAvid x Wolftech logosAvid x WolftechBURLINGTON, Mass., Nov. 05, 2024 (GLOBE NEWSWIRE) — Avid®, the global leader in software solutions for professional media production, today announced it has completed the acquisition of Wolftech Broadcast Solutions, the industry leader in cloud-based multiplatform news planning, production and publishing solutions. The acquisition enables Avid to combine its digital-first, end-to-end media solution with Wolftech’s expertise in story-centric workflow management. News organizations will be able to increase efficiency and accelerate story delivery through enhanced remote collaboration and multiplatform amplification. Avid CEO Wellford Dillard stated:...

Day: November 5, 2024

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