Day: November 14, 2024

FLOYD, Va. and INDEPENDENCE, Va., Nov. 14, 2024 (GLOBE NEWSWIRE) — Skyline Bankshares, Inc. (the “Company”) (OTC QX: SLBK) – the holding company for Skyline National Bank (the “Bank”) – announced its results of operations for the third quarter of 2024.   As previously announced, the Company acquired Johnson County Bank (“JCB”) on September 1, 2024, with the Company as the surviving corporation. For accounting purposes, the Company is considered the acquiror and JCB is considered the acquiree in the transaction. As such, all information contained herein as of and for periods prior to September 1, 2024 reflects the operations of the Company prior to the merger. The Company recorded net income of $1.1 million, or $0.19 per share, for the quarter ended September 30, 2024, compared to net income of $1.8 million, or $0.33 per share,...

CARLSBAD, Calif., Nov. 14, 2024 (GLOBE NEWSWIRE) — Acutus Medical, Inc. (“Acutus” or the “Company”) (OTC: AFIB) today reported results for the third quarter and year-to-date of 2024. Recent Highlights:Third quarter revenue from Continuing Operations of $5.3 million grew 156% year-over-year, from $2.1 million in the same quarter last year.Operating income for continuing operations was $0.1 million, an improvement of 119% compared to the same period last year.Recorded $2.4 million in gain on sale of business, a decrease of 8% compared to the same period last year.Cash, cash equivalents, marketable securities and restricted cash were $12.6 million as of September 30, 2024.Third Quarter 2024 Financial ResultsRevenue from Continuing Operations was $5.3 million for the third quarter of 2024, an increase of 156% compared to...

MIAMI, Nov. 14, 2024 (GLOBE NEWSWIRE) — MSP Recovery, Inc. d/b/a LifeWallet (NASDAQ: LIFW) (“LifeWallet,” or the “Company”), a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery and technology leader, today announced financial results for the quarter ended September 30, 2024. LifeWallet Chief Executive Officer, John H. Ruiz, said, “From additional settlements to the processing of additional claims data, we continue to see progress across all lines of business. We’re also reaping the rewards of reduced operating expenses, which have had a positive impact on our financials. In addition to providing invaluable technological resources to patients, providers, payers, and attorneys, our cost-cutting solutions can discover wasted federal funds and recover Medicare reimbursements to preserve tax dollars, benefiting...

~ Third Quarter Highlighted by Transformative Agreement and Anticipated Strategic Investment from Infinite Reality including Merger of World-Class Audience Assets ~ ~ Q3 Net Loss Per Share Narrows to Improve Operational Efficiency on Continued Reduction in Operating Expenses ~ SANTA MONICA, Calif., Nov. 14, 2024 (GLOBE NEWSWIRE) — Super League (Nasdaq: SLE), a leader in redefining the gaming industry as a media channel, today announced that it has released third quarter 2024 financial results in the form of a shareholder letter, which can be accessed under the Quarterly Results section of the Company’s investor relations website. Management Commentary by Chief Executive Officer, Ann Hand: “During the third quarter, while revenue remained relatively flat, we are pleased with our continued march toward profitability illustrated...

Atlantica Reports Third Quarter 2024 Financial ResultsRevenue for the first nine months of 2024 reached $918.7 million, a 7.0% increase year-over-year compared with $858.6 million in the first nine months of 2023. Adjusted EBITDA was $657.5 million, a 4.8% increase compared with $627.3 million in the first nine months of 2023. Net profit for the first nine months of 2024 attributable to the Company was $32.7 million, compared with a net profit of $46.1 million in the first nine months of 2023. Acquisition by Energy Capital Partners and co-investors remains on track to close December 12, 2024. Quarterly dividend of $0.2225 per share approved by the Board of Directors.November 14, 2024 – Atlantica Sustainable Infrastructure plc (NASDAQ: AY) (“Atlantica” or the “Company”) today reported its financial results for the first nine months...

Midland, Texas, Nov. 14, 2024 (GLOBE NEWSWIRE) — Natural Gas Services Group, Inc. (“NGS” or the “Company”) (NYSE:NGS), a leading provider of natural gas compression equipment, technology, and services to the energy industry, today announced financial results for the three months ended September 30, 2024. The Company also updated its prior guidance for the full year, increasing its outlook for Adjusted EBITDA, along with providing a preliminary view of expected level of FY 2025 growth capital expenditures. Third Quarter 2024 HighlightsRental revenue of $37.4 million, an increase of 35% when compared to the third quarter of 2023 and 7% sequentially. Net income of $5.0 million, or $0.40 per basic share, as compared to $2.2 million, or $0.18 per basic share in the comparable year-ago period and $4.2 million, or $0.34 per basic share...

Focus on Profitability Continues: Reduction in Expenses Drive Higher Margins and Shrinking of LossesOMNIQ Q3 2024 FIGURESOMNIQ Q3 2024 SUMMARYSALT LAKE CITY, Nov. 14, 2024 (GLOBE NEWSWIRE) — omniQ Corporation (OTCMKTS: OMQS) (“omniQ” or “the Company”), reports third quarter 2024 revenue of $18.5 million, signifying 7.57% YoY growth, as well as significant decreases in operational expenses and net loss. FINANCIAL HIGHLIGHTS:Revenue: OMNIQ reported revenue of $18,549,000 for Q3 2024, a modest increase from $17,244,000 in Q3 2023, marking a 7.57% year-over-year growth. Operating Expenses: Decreased significantly to $4,934,000 in Q3 2024 from $6,631,000 in Q3 2023, showing effective cost management resulting in a 25.58% reduction. Net Loss: The Company reported a net loss of $1,599,000 in Q3 2024,...

– Q4 Sales increase 9.5% to $299 Million – Q4 GAAP EPS increase 6.5% to $1.32 – Q4 Adjusted EPS increase 16.8% to $1.46 – FY 2024 Sales increase 7.4% to $1.0 Billion – FY 2024 Entered Orders increase 9.7% to $1.1 Billion – FY 2024 GAAP EPS increase 10.1% to $3.94 – FY 2024 Adjusted EPS increase 13.0% to $4.18 – St. Louis, Nov. 14, 2024 (GLOBE NEWSWIRE) — ESCO Technologies Inc. (NYSE: ESE) (ESCO, or the Company) today reported its operating results for the fourth quarter and fiscal year ended September 30, 2024 (Q4 2024 and FY 2024, respectively). Operating HighlightsQ4 2024 Sales increased $26 million (9.5 percent) to $299 million compared to $273 million in Q4 2023. Q4 organic sales increased $23 million (8.5 percent) and the MPE acquisition contributed $3 million (1.0 percent)...

SAN JOSE, Calif., Nov. 14, 2024 (GLOBE NEWSWIRE) — Firsthand Technology Value Fund, Inc. (OTCQB: SVVC) (the “Fund”), a publicly traded venture capital fund that invests in technology and cleantech companies, announced today its financial results for the quarter ended September 30, 2024. As of September 30, 2024, the Fund’s net assets were approximately $1.5 million, or $0.22 per share, compared with net assets of approximately $1.0 million, or $0.15 per share as of June 30, 2024. As of September 30, 2024, the Fund’s portfolio included public and private securities valued at approximately $1.4 million, or $0.21 per share, which includes approximately $0.15 per share in cash and cash equivalents. Portfolio Summary (as of 9/30/24)  Investment Fair Value1, Fair Value per Share1,2    Equity/Debt Investments $0.43 million $0.06    Cash/Cash...