Year: 2024

MarketWise Reports Net Income of $22.7 Million and Net Revenue of $97.2 Million for Third Quarter 2024

Written by Customer Service on November 7, 2024. Posted in Earnings Releases And Operating Results.

BALTIMORE, Nov. 07, 2024 (GLOBE NEWSWIRE) — MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or the “Company”), a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for self-directed investors, today reported financial results for third quarter 2024. Third Quarter 2024 Highlights(1)Paid Subscribers were 592 thousand as of September 30, 2024 compared with 774 thousand as of September 30, 2023 Total Net Revenue was $97.2 million in third quarter 2024 compared with $106.2 million in third quarter 2023 Total Billings was $48.9 million in third quarter 2024 compared with $95.5 million in third quarter 2023 Net Income was $22.7 million in third quarter 2024 compared with $12.0 million in third quarter 2023 Cash and Cash Equivalents were $94.1 million as of...

Xilio Therapeutics Announces Pipeline and Business Updates and Third Quarter 2024 Financial Results

Written by Customer Service on November 7, 2024. Posted in Earnings Releases And Operating Results.

Will present initial Phase 1C dose escalation data for vilastobart (XTX101), a tumor-activated, Fc-enhanced anti-CTLA-4, in combination with atezolizumab, in a late-breaker poster presentation at the SITC Annual Meeting Expect to report initial Phase 2 data in microsatellite stable colorectal cancer (MSS CRC) for vilastobart in combination with atezolizumab in the fourth quarter of 2024 Expect to report Phase 1 data for XTX301, a tumor-activated IL-12, in the fourth quarter of 2024 WALTHAM, Mass., Nov. 07, 2024 (GLOBE NEWSWIRE) — Xilio Therapeutics, Inc. (Nasdaq: XLO), a clinical-stage biotechnology company discovering and developing tumor-activated immuno-oncology therapies for people living with cancer, today announced pipeline progress and business updates and reported financial results for the third quarter ended September...

Nutanix Expands Partnership with AWS

Written by Customer Service on November 7, 2024. Posted in Public Companies.

New partnership will simplify cloud migrations and offer access to AWS services for on-premises customers leveraging Nutanix Cloud Clusters on AWS SAN JOSE, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) — Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced an expanded strategic collaboration with Amazon Web Services, Inc. (AWS) to accelerate cloud migration and provide options for customers managing workloads across on-premises and cloud environments. This aims to reduce the friction required for IT modernization, making it easier for customers to leverage AWS services to drive innovation. Through this collaboration, customers can leverage Nutanix Cloud Clusters (NC2) on AWS, which will enable them to seamlessly extend their on-premises Nutanix environment to AWS. This integration allows organizations to run...

RAVE Restaurant Group, Inc. Reports First Quarter 2025 Results

Written by Customer Service on November 7, 2024. Posted in Public Companies.

DALLAS, Nov. 07, 2024 (GLOBE NEWSWIRE) — RAVE Restaurant Group, Inc. (NASDAQ: RAVE) today reported financial results for the first quarter of fiscal 2025 ended Sept. 29, 2024. First Quarter Highlights:The company recorded net income of $0.5 million for the first quarter of fiscal 2025, a 36.3% increase from the same period of the prior year. Income before taxes increased by $0.2 million to $0.7 million for the first quarter of fiscal 2025 compared to the same period of the prior year. Total revenue was $3.1 million for the first quarter of fiscal 2025, the same as it was in the same period of the prior year. Adjusted EBITDA increased by $0.1 million to $0.7 million for the first quarter of fiscal 2025 compared to the same period of 2024. On a fully diluted basis, net income increased by 33% to $0.04 per share for the first quarter...

Aptean Expands Warehouse Management Capabilities Through Acquisition of Indigo Software

Written by Customer Service on November 7, 2024. Posted in Mergers And Acquisitions.

Robust, secure, and flexibly deployed WMS platform designed for wholesale, distribution, manufacturing and retail markets ALPHARETTA, Ga., Nov. 07, 2024 (GLOBE NEWSWIRE) — Today, Aptean, a global provider of mission-critical enterprise software solutions, announced the acquisition of Indigo Software Limited (“Indigo Software”), a provider of purpose-built warehouse management and logistics software solutions. With the acquisition of Indigo Software, Aptean adds new capabilities to its warehouse management and supply chain management offerings for manufacturers, wholesalers, distributors, retailers, and 3PLs. Founded in 1980 and headquartered in Durham, United Kingdom, Indigo Software provides mission-critical warehouse management and logistics solutions designed for mid-market organizations. Indigo Software’s integrated platform...

Saga Communications, Inc. Reports 3rd Quarter 2024 Results

Written by Customer Service on November 7, 2024. Posted in Earnings Releases And Operating Results.

GROSSE POINTE FARMS, Mich., Nov. 07, 2024 (GLOBE NEWSWIRE) — Saga Communications, Inc. (Nasdaq – SGA) (the “Company” or “Saga”) today reported that net revenue decreased 3.5% to $28.1 million for the quarter ended September 30, 2024 compared to $29.1 million for the same period last year. Station operating expense increased 3.1% for the quarter to $23.5 million compared to the same period last year. For the quarter, operating income was $1.6 million compared to $3.5 million for the same quarter last year and station operating income (a non-GAAP financial measure) decreased 21.2% to $6.0 million. Capital expenditures were $625 thousand for the quarter compared to $760 thousand for the same period last year. We had net income of $1.3 million for the quarter compared to net income of $2.7 million for the third quarter last year....

Castor Maritime Inc. Reports Net Income of $2.8 Million for the Three Months Ended September 30, 2024 and Net income of $48.0 Million for the Nine Months Ended September 30, 2024

Written by Customer Service on November 7, 2024. Posted in Earnings Releases And Operating Results.

LIMASSOL, Cyprus, Nov. 07, 2024 (GLOBE NEWSWIRE) — Castor Maritime Inc. (NASDAQ: CTRM) (“Castor” or the “Company”), a diversified global shipping company, today announced its results for the three months and nine months ended September 30, 2024. Earnings Highlights of the Third Quarter Ended September 30, 2024:Total vessel revenues: $13.4 million for the three months ended September 30, 2024, as compared to $21.4 million for the three months ended September 30, 2023, or a 37.4% decrease; Net income of $2.8 million for the three months ended September 30, 2024, as compared to net loss of $5.4 million for the three months ended September 30, 2023, or a 151.9% increase; Earnings/(loss) per common share, basic: $0.21 per share for the three months ended September 30, 2024, as compared to $(0.60) per share for the three months ended...

Orbit International Corp. Reports 2024 Third Quarter Results

Written by Customer Service on November 7, 2024. Posted in Earnings Releases And Operating Results.

Third Quarter 2024 Net Income of $558,000 ($0.17 per diluted share) v. Net Income of 762,000 ($0.23 per diluted share) in Prior Year Period Third Quarter 2024 EBITDA, As Adjusted, of $749,000 ($0.22 per diluted share) v. $924,000 ($0.28 per diluted share) in Prior Year Period Nine Months 2024 Net Loss of $394,000 ($0.12 loss per share) v. Net Loss of $808,000 ($0.24 loss per share) in Prior Year Period. Nine Months 2024 EBITDA, As Adjusted, was a loss of $199,000 ($0.06 loss per share) v. a loss of $179,000 ($0.05 loss per share) in Prior Year Period. HAUPPAUGE, N.Y., Nov. 07, 2024 (GLOBE NEWSWIRE) — Orbit International Corp. (OTC PINK:ORBT) today announced results for the third quarter and nine months ended September 30, 2024. Third Quarter 2024 vs. Third Quarter 2023Net sales were $8,414,000, as compared to $8,192,000. Gross...

Duos Edge AI Acquires Additional Edge Data Centers

Written by Customer Service on November 7, 2024. Posted in Mergers And Acquisitions.

Three additional EDCs to be deployed for Texas Economic Development JACKSONVILLE, Fla., Nov. 07, 2024 (GLOBE NEWSWIRE) — Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), through its operating subsidiary Duos Edge AI, Inc. (“Duos Edge AI”), a provider of adaptive, versatile, and streamlined Edge Data Center (“EDC”) solutions tailored to meet evolving needs in any environment, announced the early deployment of three new EDCs across Texas. The accelerated acquisition was enabled by using a financing partner, underscoring the Company’s fast-to-market capabilities in delivering edge computing solutions for underserved areas. These additional EDCs will provide low-latency, high-speed internet access tailored for remote districts, directly addressing connectivity challenges faced by schools and public institutions...

Regency Centers Increases Common Stock Dividend by 5.2%

Written by Customer Service on November 7, 2024. Posted in Dividend Reports And Estimates.

JACKSONVILLE, Fla., Nov. 07, 2024 (GLOBE NEWSWIRE) — Regency Centers Corporation (“Regency Centers”, “Regency” or the “Company”) (NASDAQ: REG) announced today that the Company’s Board of Directors (the “Board”) declared quarterly cash dividends on Regency’s common stock, Series A preferred stock, and Series B preferred stock.On November 5, 2024, the Board declared a quarterly cash dividend on the Company’s common stock of $0.705 per share, representing an increase of $0.035 per share, or 5.2%, from the prior quarterly dividend. The dividend is payable on January 3, 2025, to shareholders of record as of December 16, 2024. On November 5, 2024, the Board declared a quarterly cash dividend on the Company’s Series A preferred stock of $0.390625 per share. The dividend is payable on January 31, 2025, to shareholders of record as of...

Year: 2024

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