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Day: November 6, 2024

Ansys Announces Q3 Financial Results

/ Q3 2024 ResultsRevenue of $601.9 million GAAP diluted earnings per share of $1.46 and non-GAAP diluted earnings per share of $2.58 GAAP operating profit margin of 26.8% and non-GAAP operating profit margin of 45.8% Operating cash flows of $174.2 million and unlevered operating cash flows of $184.5 million Annual contract value (ACV) of $540.5 million Deferred revenue and backlog of $1,463.8 million on September 30, 2024PITTSBURGH, Nov. 06, 2024 (GLOBE NEWSWIRE) — ANSYS, Inc. (NASDAQ: ANSS), today reported third quarter 2024 revenue of $601.9 million, an increase of 31% in reported and constant currency when compared to the third quarter of 2023. For the third quarter of 2024, the Company reported diluted earnings per share of $1.46 and $2.58 on a GAAP and non-GAAP basis, respectively, compared to $0.64 and $1.41 on a GAAP...

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Coherent Corp. Reports First Quarter Fiscal 2025 Results

Q1 REVENUE OF $1.35B, INCREASED 28% Y/Y Q1 GAAP GROSS MARGIN OF 34.1%, INCREASED 499 bps Y/Y; Q1 NON-GAAP GROSS MARGIN OF 37.7%, INCREASED 293 bps Y/Y Q1 GAAP EPS OF ($0.04), IMPROVED 94% Y/Y; Q1 NON-GAAP EPS OF $0.74, IMPROVED 357% Y/YPITTSBURGH, Nov. 06, 2024 (GLOBE NEWSWIRE) — Coherent Corp. (NYSE: COHR) (“Coherent,” “We,” or the “Company”), a global leader in materials, networking, and lasers, announced financial results today for its fiscal first quarter ended September 30, 2024. Revenue for the first quarter of fiscal 2025 was $1.35 billion, with GAAP gross margin of 34.1% and GAAP net loss of $(0.04) per diluted share. On a non-GAAP basis, gross margin was 37.7% with net income per diluted share of $0.74. Jim Anderson, CEO, said, “We delivered solid growth in the September quarter on both a sequential and year-over-year...

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NL REPORTS THIRD QUARTER 2024 RESULTS

Dallas, Texas, Nov. 06, 2024 (GLOBE NEWSWIRE) — NL Industries, Inc. (NYSE: NL) today reported net income attributable to NL stockholders of $36.0 million, or .74 per share, in the third quarter of 2024 compared to a net loss attributable to NL stockholders of $.1 million, or nil per share, in the third quarter of 2023. NL results include an unrealized gain of $18.6 million in the third quarter of 2024 related to the change in value of marketable equity securities compared to $.4 million in the third quarter of 2023. For the first nine months of 2024, NL reported net income attributable to NL stockholders of $50.7 million, or $1.04 per share, compared to a net loss attributable to NL stockholders of $9.9 million, or $.20 per share, for the first nine months of 2023. NL results include an unrealized gain of $21.8 million in the first...

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Fuel Tech Reports 2024 Third Quarter Financial Results

WARRENVILLE, Ill., Nov. 06, 2024 (GLOBE NEWSWIRE) — Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering for the optimization of combustion systems, emissions control, and water treatment in utility and industrial applications, today reported financial results for the third quarter ended September 30, 2024 (Q3 2024). “Our third quarter results included a return to profitable operations, fostering new customer relationships, and a focus on balancing expense discipline with targeted investments in new technologies,” said Vincent J. Arnone, President and CEO. “Our financial position at September 30, 2024 was strong, with $31.3 million in cash and investments and no debt.”   Mr. Arnone continued, “We realized improved quarter-over-quarter performance at our FUEL CHEM® business segment in the 2024 third...

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Navigator Gas Reports Third Quarter 2024 Results

LONDON, Nov. 06, 2024 (GLOBE NEWSWIRE) — Third Quarter Financial HighlightsOn November 6, 2024, the Board of Navigator Holdings Ltd. (NYSE: NVGS) declared a cash dividend of $0.05 per share for the quarter ended September 30, 2024, (the “Dividend”) under the Company’s Return of Capital policy. The Dividend will be paid on December 17, 2024, to all shareholders of record as of the close of business U.S. Eastern Time on November 25, 2024. Also as part of the Company’s Return of Capital policy for the quarter ended September 30, 2024, the Company expects to repurchase approximately $1.1 million of common stock between November 11, 2024, and December 31, 2024, subject to operating needs, market conditions, legal requirements, stock price and other circumstances, such that the Dividend and share repurchases together equal...

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Osisko Declares Fourth Quarter 2024 Dividend

MONTREAL, Nov. 06, 2024 (GLOBE NEWSWIRE) — Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) is pleased to announce that the Board of Directors has approved a fourth quarter 2024 dividend of C$0.065 per common share. The dividend will be paid on January 15, 2025 to shareholders of record as of the close of business on December 31, 2024. This dividend is an “eligible dividend” as defined in the Income Tax Act (Canada). For shareholders residing in the United States, the U.S. dollar equivalent will be determined based on the daily rate published by the Bank of Canada on December 31, 2024. The Company also wishes to remind its shareholders that it has implemented a dividend reinvestment plan (the “Plan”). Shareholders who are residents of Canada and the United States may elect to participate in...

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Plymouth Industrial REIT Reports Third Quarter 2024 Results

BOSTON, Nov. 06, 2024 (GLOBE NEWSWIRE) — Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company”) today announced its financial results for the third quarter ended September 30, 2024, and other recent developments. Third Quarter and Subsequent HighlightsReported results for the third quarter of 2024 reflect net loss attributable to common stockholders of $(0.35) per weighted average common share; Core Funds from Operations attributable to common stockholders and unit holders (“Core FFO”) of $0.44 per weighted average common share and units; and Adjusted FFO (“AFFO”) of $0.40 per weighted average common share and units. Same store NOI (“SS NOI”) decreased 1.2% on a GAAP basis excluding early termination income for the third quarter compared with the same period in 2023; increased 0.6% on a cash basis excluding early termination...

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Black Hills Corp. Reaffirms 2024 Earnings Guidance and Reports 2024 Third-Quarter Results

Reaffirms 2024 earnings guidance range of $3.80 to $4.00 per share Received approval of and implemented new customer rates at Arkansas natural gas utility Filed settlement agreement for new customer rates at Iowa natural gas utility Completed key financing activities for 2024 and achieved long-term capitalization targetRAPID CITY, S.D., Nov. 06, 2024 (GLOBE NEWSWIRE) — Black Hills Corp. (NYSE: BKH) today announced financial results for the third quarter of 2024. Net income available for common stock and earnings per share for the three and nine months ended Sept. 30, 2024, compared to the three and nine months ended Sept. 30, 2023, were:  Three Months Ended Sept. 30,   Nine Months Ended Sept. 30,    2024   2023   2024   2023    (in millions, except per share amounts)  Operating Income $ 75.8   $ 97.8   $ 339.8   $ 336.2  Net...

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Paycor Announces First Quarter Fiscal Year 2025 Financial Results

Q1 Total revenues of $167.5 million, an increase of 17% year-over-year, while expanding operating margins Q1 Recurring revenues of $154.0 million, an increase of 16% year-over-year FY 2025 revenue guidance of $726.0-$733.0 million, an increase of 12% year-over-year at the top end of the rangeCINCINNATI, Nov. 06, 2024 (GLOBE NEWSWIRE) — Paycor HCM, Inc. (Nasdaq: PYCR) (“Paycor”), a leading provider of human capital management (“HCM”) software, today announced financial results for the first quarter fiscal year 2025, which ended September 30, 2024. “Paycor had an impressive start to the year, delivering 17% revenue growth year-over-year,” said Raul Villar, Jr., Chief Executive Officer of Paycor. “Our continued success is a testament to the strength of our award-winning HCM solution, which empowers leaders to drive tangible business...

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COMPX REPORTS THIRD QUARTER 2024 RESULTS

Dallas, Texas, Nov. 06, 2024 (GLOBE NEWSWIRE) — CompX International Inc. (NYSE American: CIX) announced today sales of $33.6 million for the third quarter of 2024 compared to $40.3 million in the same period of 2023. Operating income was $3.3 million in the third quarter of 2024 compared to $6.6 million in the same period of 2023. Net income was $3.5 million, or $.28 per basic and diluted common share, for the third quarter of 2024 compared to $5.8 million, or $.47 per basic and diluted common share, in the same period of 2023. For the nine months ended September 30, 2024, sales were $107.5 million compared to $118.1 million in the previous year. Operating income was $12.1 million for the first nine months of 2024 compared to $18.0 million for the same period in 2023. Net income for the nine months ended September 30, 2024 was...

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