Year: 2024

CALGARY, Alberta, Oct. 29, 2024 (GLOBE NEWSWIRE) — This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this news release. This news release contains references to certain Financial Measures and Ratios, including Adjusted EBITDA (earnings before income taxes, loss (gain) on investments and other assets, gain on repurchase of unsecured senior notes, finance charges, foreign exchange, gain on asset disposals and depreciation and amortization), Funds Provided by (Used in) Operations, Net Capital Spending, Working Capital and Total Long-term Financial Liabilities....

8% year-over-year increase in home closings and record 145% backlog conversion SCOTTSDALE, Ariz., Oct. 29, 2024 (GLOBE NEWSWIRE) — Meritage Homes Corporation (NYSE: MTH), the fifth-largest U.S. homebuilder, reported third quarter results for the period ended September 30, 2024.                                               Summary Operating Results (unaudited) (Dollars in thousands, except per share amounts)                                                 Three Months Ended September 30,   Nine Months Ended September 30,  2024   2023   % Chg   2024   2023   % ChgHomes closed (units)   3,942       3,638       8 %     11,567       10,025       15 %Home closing revenue $ 1,585,784     $ 1,610,317       (2 )%   $ 4,745,618     $ 4,415,261       7 %Average sales price — closings $ 402     $ 443       (9 )%   $ 410     $ 440       (7 )%Home...

“First-to-Fiber” and “Glass & SteelTM” Strategies Yield Year-Over-Year Increases in High-Speed Data Subscriber and Network Reach Metrics  Total high-speed broadband subscribers increased 6% year-over-year Broadband homes passed by high-speed data services expanded 20% year-over-year Capital expenditures were $85.7 million (net of $71.8 million reimbursements) for the first nine months of 2024, reduced from $126.6 million (net of $14.3 million reimbursements) for the first nine months of 2023  Q3 2024 Results Highlighted by International Telecom Segment Fixed Revenue Growth, Cost Management Initiatives Supporting Margin ExpansionInternational Telecom segment revenues were essentially flat supported by growth in consumer and business fixed revenues and business mobility revenues US Telecom segment revenues were down 13% due primarily...

Shreveport, Oct. 29, 2024 (GLOBE NEWSWIRE) — Home Federal Bancorp, Inc. of Louisiana (the “Company”) (Nasdaq: HFBL), the holding company of Home Federal Bank, reported net income for the three months ended September 30, 2024, of $941,000 compared to net income of $1.2 million reported for the three months ended September 30, 2023. The Company’s basic and diluted earnings per share were $0.31 for the three months ended September 30, 2024, compared to basic and diluted earnings per share of $0.40 and $0.39, respectively, for the three months ended September 30, 2023. The decrease in net income for the three months ended September 30, 2024, compared to the same period in 2023, resulted from a decrease in net interest income of $857,000, or 16.2%, and a decrease in non-interest income of $134,000, or 30.9%, partially offset by a decrease...

PERRYSBURG, Ohio, Oct. 29, 2024 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE                               Rapidly Implementing Fit To Win Priorities to Drive Improved Performance in 2025 and Beyond Business Returned to Modest Sales Volume Growth, Despite Sluggish Market Conditions Updating 2024 Business Outlook Amid Continued Muted Demand and Consumer UncertaintyO-I Glass, Inc. (“O-I”) (NYSE: OI) today reported financial results for the third quarter ended September 30, 2024.  Net Earnings (Loss) Attributable to the Company Per Share (Diluted) Earnings (Loss) Before Income Taxes$M3Q24 3Q23 3Q24 3Q23Reported ($0.52) $0.32 ($57) $82  Adjusted Earnings (Loss)Earnings Per Share (Diluted) Segment Operating Profit$M3Q24 3Q23 3Q24 3Q23Non – GAAP ($0.04) $0.80 $144  $301“Our third-quarter results declined when...

MILWAUKEE, Oct. 29, 2024 (GLOBE NEWSWIRE) — Artisan Partners Asset Management Inc. (NYSE: APAM) (the “Company” or “Artisan Partners”) today reported its results for the three and nine months ended September 30, 2024, and declared a quarterly dividend. The full September 2024 quarter earnings release and investor presentation can be viewed at www.apam.com. Conference Call The Company will host a conference call on October 30, 2024, at 1:00 p.m. (Eastern Time) to discuss its results for the three and nine months ended September 30, 2024. Hosting the call will be Eric Colson, Chief Executive Officer, Jason Gottlieb, President, and C.J. Daley, Chief Financial Officer. Supplemental materials that will be reviewed during the call are available on the Company’s website at www.apam.com. The call will be webcast and can be accessed via...

TYSONS, Va., Oct. 29, 2024 (GLOBE NEWSWIRE) — Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the third quarter ended September 30, 2024 and provided an operational update. Selected Statistical and Financial Information (unaudited, amounts in millions, except RevPAR, ADR, Total RevPAR and per share data)  Three Months Ended September 30,   Nine Months Ended September 30,    2024       2023     Change(1)     2024       2023     Change(1)Comparable RevPAR $ 189.73     $ 183.64     3.3 %   $ 188.08     $ 180.33     4.3 %Comparable Occupancy   78.1 %     75.6 %   2.5% pts     75.7 %     73.5 %   2.2% ptsComparable ADR $ 242.88     $ 242.89     — %   $ 248.57     $ 245.34     1.3 %                       Comparable Total RevPAR $ 294.65     $ 283.82     3.8 %   $ 300.83     $ 287.74     4.5 %                       Net...

SANTA CLARA, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) — AMD (NASDAQ:AMD) today announced revenue for the third quarter of 2024 of $6.8 billion, gross margin of 50%, operating income of $724 million, net income of $771 million and diluted earnings per share of $0.47. On a non-GAAP(*) basis, gross margin was 54%, operating income was $1.7 billion, net income was $1.5 billion and diluted earnings per share was $0.92. “We delivered strong third quarter financial results with record revenue led by higher sales of EPYC and Instinct data center products and robust demand for our Ryzen PC processors,” said AMD Chair and CEO Dr. Lisa Su. “Looking forward, we see significant growth opportunities across our data center, client and embedded businesses driven by the insatiable demand for more compute.” “We are pleased with our execution in the...

Net income available to common stockholders of $16.7 million and $47.8 million for the three and nine months ended September 30, 2024, respectively, or $0.28 and $0.79 per diluted share, respectively. Funds from Operations (“FFO”) per diluted share increased 20% and 10% year-over-year for the three and nine months ended September 30, 2024, respectively, to $0.71 and $2.03 per diluted share, respectively. Increased 2024 FFO per diluted share guidance to a range of $2.51 to $2.55 with a midpoint of $2.53, a 1% increase over prior guidance. SAN DIEGO, Oct. 29, 2024 (GLOBE NEWSWIRE) — American Assets Trust, Inc. (NYSE: AAT) (the “company”) today reported financial results for its third quarter ended September 30, 2024. Third Quarter HighlightsNet income available to common stockholders of $16.7 million and $47.8 million...