Day: November 12, 2024

Star Equity Reschedules the Release of Third Quarter 2024 Financial Results for November 19th

Written by Customer Service on November 12, 2024. Posted in Public Companies.

OLD GREENWICH, Conn., Nov. 12, 2024 (GLOBE NEWSWIRE) — Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP), (“Star Equity” or the “Company”), a diversified holding company, announced today that it will release its financial results for the third quarter ended September 30, 2024, before the market opens on Tuesday, November 19, 2024. A conference call is scheduled for 10:00 a.m. ET (7:00 a.m. PT) on November 19, 2024, to discuss the results and management’s outlook. The call may be accessed by dialing:Toll Free: 1-833-630-1956 International: 1-412-317-1837A simultaneous webcast of the call may be accessed online from the Events & Presentations link, on the Investor Relations page of the Star Equity website at: https://www.starequity.com/events-and-presentations/presentations. An archived replay of the webcast will be available...

TC Energy 2024 Investor Day event to be webcast

Written by Customer Service on November 12, 2024. Posted in Public Companies.

CALGARY, Alberta, Nov. 12, 2024 (GLOBE NEWSWIRE) — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will host its annual Investor Day on Tuesday, Nov. 19, 2024. Members of TC Energy’s senior leadership team will demonstrate the Company’s 2025 strategic priorities, long-term strategic outlook and growth objectives. The event will be webcast (video) beginning at 8 a.m. EST (6 a.m. MST). Interested parties may view the webcast available on TC Energy’s website at Investor Day 2024 (tcenergy.com). A copy of the presentation and the webcast, which will be archived and accessible for replay, will be available on the website. About TC EnergyWe’re a team of 7,000+ energy problem solvers working to safely move, generate and store the energy North America relies on. Today, we’re delivering solutions to the world’s toughest...

Prestige Wealth Inc. Announces Acquisition of Tokyo Bay

Written by Customer Service on November 12, 2024. Posted in Mergers And Acquisitions.

HONG KONG, Nov. 12, 2024 (GLOBE NEWSWIRE) — Prestige Wealth Inc. (NASDAQ: PWM) (“PWM”, or the “Company”), a wealth management and asset management services provider based in Hong Kong, today announced that, on November 12, 2024, it entered into a definitive acquisition agreement pursuant to which PWM will purchase all shares of Tokyo Bay Management Inc. (“Tokyo Bay”), a company incorporated under the laws of the British Virgin Islands. The total purchase price is US$1,500,000, subject to customary closing purchase price adjustments, in the form of 2,500,000 newly issued Class B ordinary shares of the Company at a price per Class B ordinary share of US$0.60 to the seller and key employees of Tokyo Bay. The Company will also grant warrants to purchase 1,875,000 Class A ordinary shares of the Company at an exercise price per share...

Galaxy Gaming® Stockholders Approve Acquisition by Evolution

Written by Customer Service on November 12, 2024. Posted in Mergers And Acquisitions.

LAS VEGAS, Nov. 12, 2024 (GLOBE NEWSWIRE) — Galaxy Gaming, Inc.® (“Galaxy Gaming” or the “Company”) (OTC: GLXZ), the world’s largest independent developer and distributor of casino table games and technology announced today that, at a special meeting of its stockholders held on November 12, 2024 (the “Special Meeting”), Galaxy Gaming stockholders voted to approve the Company’s acquisition by Evolution Malta Holding Limited (“Evolution”), Evolution AB (publ)’s wholly owned subsidiary (the “Merger”). Galaxy Gaming will file a Form 8-K with the U.S. Securities and Exchange Commission reporting the final voting results of the Special Meeting. The transaction is expected to close mid-2025 and is subject to customary closing conditions, including the receipt of regulatory approvals. Upon completion of the transaction, Galaxy Gaming will...

XBP Europe Holdings, Inc. Reports Third Quarter 2024 Results

Written by Customer Service on November 12, 2024. Posted in Earnings Releases And Operating Results.

Third Quarter HighlightsRevenue of $35.4 million, decrease of 5.6% year-over-year and increase of 5.5% sequentially Gross margin increased to 32.6%, a 800 bps increase year-over-year and 1,300 bps increase sequentially Operating profit of $2.5 million, an increase of $2.2 million year-over-year and $3.8 million sequentially Net loss of $2.8 million includes $0.7 million of FX losses, a decrease of $0.1 million year-over-year and $2.0 million sequentially Adjusted EBITDA from continuing operations of $4.8 million, an increase of $2.6 million year-over-year and $3.6 million sequentially Announced plans to divest on-demand printing operationLONDON and SANTA MONICA, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) — XBP Europe Holdings, Inc. (“XBP Europe” or “the Company”) (NASDAQ: XBP), a pan-European integrator of bills, payments, and...

Ottawa Bancorp, Inc. Announces Third Quarter 2024 Results

Written by Customer Service on November 12, 2024. Posted in Earnings Releases And Operating Results.

OTTAWA, Ill., Nov. 12, 2024 (GLOBE NEWSWIRE) — Ottawa Bancorp, Inc. (the “Company”) (OTCQX: OTTW), the holding company for OSB Community Bank (the “Bank”), announced net income of $0.2 million, or $0.08 per basic and diluted common share for the three months ended September 30, 2024, compared to net income of $0.5 million, or $0.20 per basic and diluted common share for the three months ended September 30, 2023. For the nine months ended September 30, 2024, the Company announced net income of $0.3 million, or $0.10 per basic and diluted common share, compared to net income of $1.5 million, or $0.58 per basic and diluted common share for the nine months ended September 30, 2023. The loan portfolio, net of allowance, decreased to $304.2 million as of September 30, 2024 from $312.2 million as of December 31, 2023 as originations of...

Cyclacel Pharmaceuticals Reports Third Quarter Financial Results and Provides Business Update

Written by Customer Service on November 12, 2024. Posted in Earnings Releases And Operating Results.

BERKELEY HEIGHTS, N.J., Nov. 12, 2024 (GLOBE NEWSWIRE) — Cyclacel Pharmaceuticals, Inc. (NASDAQ: CYCC, NASDAQ: CYCCP; “Cyclacel” or the “Company”), a biopharmaceutical company developing innovative medicines, today announced third quarter financial results and provided a business update. “We were pleased to report initial safety and efficacy data from twelve patients with advanced solid tumors enrolled in the Phase 2 part of the 065-101, proof of concept, clinical study of fadraciclib as a single agent as a poster presentation at the 2024 EORTC-NCI-AACR 36th Symposium on Molecular Targets and Cancer Therapeutics (“Triple Meeting”), in Barcelona, Spain. The patients were enrolled in the biomarker-enriched, Cohort 8 of the study and were preselected for CDKN2A and/or CDKN2B abnormalities,” said Spiro Rombotis,...

Life360 Reports Record Q3 2024 Results

Written by Customer Service on November 12, 2024. Posted in Earnings Releases And Operating Results.

Monthly Active Users Reached Approximately 76.9 million for the QuarterRecord Global Net Additions to Paying Circles of 159 thousand – Reaching Nearly 2.2 million TotalTotal Revenue Grew 18% Year-Over-Year to $92.9 million Annualized Monthly Revenue increased 30% Year-Over-Year to $336.2 millionRaising Outlook for 2024 Adjusted EBITDA SAN FRANCISCO, Nov. 12, 2024 (GLOBE NEWSWIRE) — San Francisco area-based Life360, Inc. (Life360 or the Company) (NASDAQ: LIF) (ASX: 360) today reported unaudited financial results for the quarter ended September 30, 2024. The Company built on momentum from the previous quarter and again achieved record quarterly results in Monthly Active Users (“MAUs”), Paying Circles, Subscription Revenue, and Annualized Monthly Revenue. “Life360 made tremendous progress in Q3 2024, achieving our best-ever...

Legacy Housing Corporation Reports Third Quarter 2024 Financial Results

Written by Customer Service on November 12, 2024. Posted in Earnings Releases And Operating Results.

BEDFORD, Texas, Nov. 12, 2024 (GLOBE NEWSWIRE) — Legacy Housing Corporation (“Legacy” or the “Company,” NASDAQ: LEGH) today announced its financial results for the third quarter ended September 30, 2024. Financial HighlightsNet revenue for the third quarter of 2024 was $44.3 million, a decrease of 11.4% from the third quarter of 2023. Income from operations for the third quarter of 2024 was $15.3 million, a decrease of 19.4% from the third quarter of 2023. Net income for the third quarter of 2024 was $15.8 million, a decrease of 1.8% from the third quarter of 2023. Basic earnings per share for the third quarter of 2024 was $0.65, a decrease of 1.5% from the third quarter of 2023. Book value for the third quarter of 2024 was $479.3 million, an increase of 11.6% from the third quarter of 2023. Book value per share1 for the third...

Synlogic Reports Third Quarter 2024 Financial Results

Written by Customer Service on November 12, 2024. Posted in Earnings Releases And Operating Results.

WINCHESTER, Mass., Nov. 12, 2024 (GLOBE NEWSWIRE) — Synlogic, Inc. (Nasdaq: SYBX), a biopharmaceutical company advancing novel therapeutics to transform the care of serious diseases, today reported financial results for the third quarter 2024 and provided a corporate update. As previously announced, the Company retained Lucid Capital Markets, LLC to act as its financial advisor to explore and evaluate strategic options for maximizing shareholder value. Potential strategic alternatives that may be explored or evaluated as part of this process include the potential for an acquisition, merger, business combination or other strategic transaction involving the Company. The Synlogic Board of Directors has not set a timetable for the conclusion of this review, nor has it made any decisions related to any further actions or potential strategic...

Day: November 12, 2024

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