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Year: 2024

Option Care Health Announces Financial Results for the Third Quarter Ended September 30, 2024

BANNOCKBURN, Ill., Oct. 30, 2024 (GLOBE NEWSWIRE) — Option Care Health, Inc. (the “Company” or “Option Care Health”) (Nasdaq: OPCH), the nation’s largest independent provider of home and alternate site infusion services, announced today financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Results and HighlightsNet revenue of $1,278.5 million, up 17.0% compared to $1,093.0 million in the third quarter of 2023 Gross profit of $256.7 million, or 20.1% of net revenue, up 1.0% compared to $254.3 million, or 23.3% of net revenue, in the third quarter of 2023 Net income of $53.9 million, or $0.31 diluted earnings per share, down 4.3% compared to net income of $56.3 million, or $0.31 diluted earnings per share, in the third quarter of 2023 Adjusted net income of $70.7 million, or $0.41 adjusted...

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The Chefs’ Warehouse Reports Third Quarter 2024 Financial Results

RIDGEFIELD, Conn., Oct. 30, 2024 (GLOBE NEWSWIRE) — The Chefs’ Warehouse, Inc. (NASDAQ: CHEF) (the “Company” or “Chefs’”), a premier distributor of specialty food products in the United States, the Middle East, and Canada, today reported financial results for its third quarter ended September 27, 2024. Financial highlights for the third quarter of 2024:Net sales increased 5.6% to $931.5 million for the third quarter of 2024 from $881.8 million for the third quarter of 2023. GAAP net income was $14.1 million, or $0.34 per diluted share, for the third quarter of 2024 compared to $7.3 million, or $0.19 per diluted share, in the third quarter of 2023. Adjusted net income per share1 was $0.36 for the third quarter of 2024 compared to $0.33 for the third quarter of 2023. Adjusted EBITDA1 was $54.5 million for the third quarter of 2024...

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The Vita Coco Company Reports Third Quarter 2024 Financial Results

Net Sales Decreased 4% to $133 million while Vita Coco Coconut Water Grew 8% Net Income Increased $4 million to $19 million and Non-GAAP Adjusted EBITDA1 Decreased $4 million to $23 million Company Raises Full Year Guidance for Net Sales and Adjusted EBITDA2 NEW YORK, Oct. 30, 2024 (GLOBE NEWSWIRE) — The Vita Coco Company, Inc. (NASDAQ:COCO) (“Vita Coco” or “the Company”), a leading high-growth platform of better-for-you beverage brands, today announced financial results for the third quarter ended September 30, 2024. Third Quarter and Year-To-Date 2024 Highlights Compared to Prior Year PeriodNet sales declined 4% in the third quarter to $133 million resulting in year-to-date being flat at $389 million. Vita Coco Coconut Water net sales growth of 8% in the third quarter and 5% year-to-date. Gross profit was $52 million in the...

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Martin Marietta Reports Third-Quarter 2024 Results

Achieved Record Quarterly Aggregates Gross Profit Per Ton Despite Weather Impacts Delivered Record Third-Quarter Cash Flows from Operations and Magnesia Specialties Revenues and Gross Profit Acquired Pure Aggregates Assets in South Florida and Southern California RALEIGH, N.C., Oct. 30, 2024 (GLOBE NEWSWIRE) — Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”), a leading national supplier of aggregates and heavy building materials, today reported results for the third quarter ended September 30, 2024. Third-Quarter Highlights (Financial highlights are for continuing operations)    Quarter Ended September 30,(In millions, except per share and per ton)   2024     2023     % ChangeRevenues1   $ 1,889     $ 1,994     (5 )%Gross profit   $ 599     $ 676     (11 )%Earnings from operations   $ 489     $ 567     (14 )%Net...

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Planet 13 Honors Florida Veterans and First Responders by Making Medical Cannabis Cards More Accessible Leading up to Veterans Day

Over the first two weeks in November, The Grateful Veteran and DocMJ will Team up with Planet 13 to Give Everyday Heroes a Helping Hand LAS VEGAS, Oct. 30, 2024 (GLOBE NEWSWIRE) — – Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNH) (“Planet 13” or the “Company”), a leading vertically-integrated multi-state cannabis company, today announced its new Healing Heroes initiative aimed at honoring Florida’s veterans and first responders. From November 1 to November 14, 2024, Planet 13, through a donation, will partner with The Grateful Veteran, a trusted veteran-run organization that promotes veteran wellness and will help veterans and first responders defray the costs of medical cannabis cards and renewals. In conjunction with Veterans Day on November 11, this initiative reflects Planet 13’s commitment to supporting those who...

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Parsons Reports Record Results Since IPO for the Third Quarter of 2024

Q3 2024 Financial HighlightsRecord revenue of $1.8 billion increases 28% year-over-year Record organic revenue growth of 26%, including six consecutive quarters with year-over-year organic growth above 20% Record net income increases 52% to $72 million Record adjusted EBITDA increases 31% to $167 million Record cash flow from operations increases by $95 million to $299 million; record trailing twelve-month operating cash flow of $587 million increases 91% over the prior twelve-month period Contract awards increase 24% to $1.8 billion, a third quarter record Announced and closed BlackSignal Technologies acquisition After Q3 2024 ended, Parsons entered into a definitive agreement to acquire BCC Engineering, LLC Increasing fiscal year 2024 guidance ranges for all financial metricsCHANTILLY, Va., Oct. 30, 2024 (GLOBE NEWSWIRE) —...

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Fireweed Intersects 31 m True Width of 8.68% Zinc, 3.68% Lead, and 87.4 g/t Silver, Including 15 m True Width of 13.15% Zn, 6.35% Lead, and 139.9 g/t Silver in Boundary Zone Expansion Drill Hole

VANCOUVER, British Columbia, Oct. 30, 2024 (GLOBE NEWSWIRE) — FIREWEED METALS CORP. (“Fireweed” or the “Company”) (TSXV: FWZ; OTCQX: FWEDF) is pleased to report the results of an additional nine drill holes from Boundary Zone as part of the 2024 drill campaign at its Macpass Project, Yukon, Canada. HighlightsHole NB24-014 from 311.50 m downhole: 54.58 m of 8.68% zinc, 3.68% lead, and 87.4 g/t silver (31 m true width), including 26.08 m of 13.15% zinc, 6.35% lead, and 139.9 g/t silver (15 m true width). Hole NB24-024 from 383.5 m downhole: step-out intersection of 19.73 m of 9.40% zinc, 1.07% lead, and 49.7g/t silver (15 m true width), including 10.79 m of 13.39% zinc, 1.30 % lead, and 70.0 g/t silver (8.0 m true width) Hole NB24-014 from 146.95 m downhole: 106.85 m of 4.61% zinc, 0.52% lead, and 11.88 g/t silver, including 16.32...

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Radisson Announces Additional High-Grade Drill Results at O’Brien, Including 16.2 g/t Gold over 5.4 Metres, 12.1 g/t Gold over 4.4 Metres and 62.0 g/t Gold over 1.0 Metre

ROUYN-NORANDA, Quebec, Oct. 30, 2024 (GLOBE NEWSWIRE) — Radisson Mining Resources Inc. (TSX-V: RDS, OTCQB: RMRDF) (“Radisson” or the “Company”) is pleased to announce results from 10 diamond drill holes completed at its 100%-owned O’Brien Gold Project (“O’Brien” or the “Project”) located in the Abitibi region of Québec. These results are part of Radisson’s ongoing 35,000 metre drill program. The ten drill holes reported today represent both shallow and deep drilling on the Project’s mineralized “Trend #s 0, 1 and 2.” Included are two wedges performed on the deep drill hole OB-24-324, which returned 27.61 g/t gold over 6.0 metres with extensive visible gold at a depth 170 metres below the base of the existing Mineral Resource on “Trend #1” (see Radisson News Release dated September 24, 2024). Also reported today are results from...

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XPENG Now on Fortune China’s “Tech 50” and “China 500” Lists

Enchanté Paris! XPENG takes center stage at Paris Motor Show 2024XPENG ranked among the “Fortune Tech 50” and “Fortune China 500” lists for leading AI mobility innovationSHANGHAI, China, Oct. 30, 2024 (GLOBE NEWSWIRE) —  XPENG, a leading Chinese high technology car company, is proud to announce that it has secured places on both the “Fortune Tech 50” and “Fortune China 500” lists. The placings were announced during the Fortune China “Tech 50 Innovation Night” and “2024 Fortune China 500 Summit” on October 16 and 17, hosted in Shanghai. XPENG is glad to receive these esteemed accolades that reaffirm its competitive advantage and status as a leader in technological innovation. “Fortune Tech 50” is an inaugural list by Fortune...

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Clearway Energy, Inc. Reports Third Quarter 2024 Financial Results

Signed agreement with Clearway Group to commit to invest in a 500 MW solar plus storage project Received offer from Clearway Group to invest in a 320 MW storage hybridization project Reaffirming 2024 financial guidance and initiating 2025 financial guidance Increasing the quarterly dividend by 1.7% to $0.4240 per share in the fourth quarter of 2024, or $1.6960 per share annualizedPRINCETON, N.J., Oct. 30, 2024 (GLOBE NEWSWIRE) — Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) today reported third quarter 2024 financial results, including Net Income of $27 million, Adjusted EBITDA of $354 million, Cash from Operating Activities of $301 million, and Cash Available for Distribution (CAFD) of $146 million. “Clearway remains well positioned to meet or exceed its 2024 financial objectives, has initiated a 2025 financial guidance...

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