Year: 2024

Solid Operational Performance in a Challenging Environment LISLE, Ill., Oct. 29, 2024 (GLOBE NEWSWIRE) — CTS Corporation (NYSE: CTS), a leading global designer and manufacturer of custom engineered solutions that “Sense, Connect and Move,” today announced third quarter 2024 results. “We delivered improved earnings and generated stronger cash flow in the third quarter. Margins expanded as we made progress on operational improvements,” said Kieran O’Sullivan, CEO of CTS Corporation. “Near term market conditions remain challenging. We continue to advance our diversification strategy through the expansion of our customer base and end markets. We remain committed to a disciplined capital structure to drive organic growth, strategic acquisitions and returning cash to shareholders.” Third Quarter 2024 ResultsSales were $132 million,...

HOUSTON, Oct. 29, 2024 (GLOBE NEWSWIRE) — Sysco Corporation (NYSE: SYY) (“Sysco” or the “company”) today announced financial results for its 13-week first fiscal quarter ended September 28, 2024. Key financial results for the first quarter of fiscal year 2025 include the following (comparisons are to the same period in fiscal year 2024):Sales increased 4.4%; U.S. Foodservice volume increased 2.7%; Gross profit increased 2.9% to $3.8 billion; Operating income increased 0.5% to $808 million, and adjusted operating income increased 2.2% to $873 million1; EBITDA increased 3.4% to $1.0 billion, and adjusted EBITDA increased 4.4% to $1.1 billion1,2; and EPS3 remained flat at $0.99, compared to the same period last year, and adjusted EPS1 increased 1.9% to $1.09. Reiterating FY25 guidance, with sales growth of 4-5% and adjusted EPS...

SEATTLE, Oct. 29, 2024 (GLOBE NEWSWIRE) — Nautilus Biotechnology, Inc. (NASDAQ: NAUT; or “Nautilus”), a company pioneering a single-molecule proteome analysis platform, today reported financial results for the third quarter ended September 30, 2024. “I’m excited about the expanding opportunity I see for proteomics and am pleased with the progress we’re making as a business,” said Sujal Patel, CEO of Nautilus. “We consistently receive positive feedback from researchers around the world as they tell us of their desire to explore the proteome more deeply and more broadly, and of the significant limitations of what’s currently available. It is becoming ever more apparent that they understand how important the single-molecule, intact protein analysis to be enabled by the Nautilus platform will be to their explorations of the proteome.” Third...

3Q 2024 Total revenue grew 23% year-over-year, driven by 45% year-over-year growth in Payor revenue Increased 3Q 2024 GAAP Net income to $1.9 million from $4.4 million net loss year-over-year 3Q 2024 Adjusted EBITDA1 of $2.4 million NEW YORK, Oct. 29, 2024 (GLOBE NEWSWIRE) — Talkspace, Inc. (“Talkspace” or the “Company”) (NASDAQ: TALK), today reported third quarter 2024 financial results.        Three Months   Nine Months         September 30, 2024 (Unaudited)   Results   % Variance from Prior Year   Results   % Variance from Prior Year(In thousands unless otherwise noted)                Number of eligible lives at period end (in millions)   158.1   40%   158.1   40%Number of completed Payor sessions   316.4   38%   899.2   50%Number of Consumer active members at period end   8.6   (35)%   8.6   (35)%                     Total...

Shelton, CT, Oct. 29, 2024 (GLOBE NEWSWIRE) — HUBBELL REPORTS THIRD QUARTER 2024 RESULTS3Q diluted EPS of $4.05; adjusted diluted EPS of $4.49 (up 14% y/y) 3Q net sales +5% (organic -1%; net M&A +6%) 3Q operating margin 21.1%; adjusted operating margin 23.2% (+180 bps y/y) 2024 diluted EPS outlook of $14.20-$14.40 Raising 2024 adj. diluted EPS outlook to $16.35-$16.55SHELTON, CT. (October 29, 2024) – Hubbell Incorporated (NYSE: HUBB) today reported operating results for the third quarter ended September 30, 2024. “Hubbell delivered strong operating performance in the third quarter, generating solid operating margin expansion and double digit growth in operating income” said Gerben Bakker, Chairman, President and CEO. Mr. Bakker continued, “In our Utility Solutions segment, transmission, substation and grid protection...

DETROIT, Oct. 29, 2024 (GLOBE NEWSWIRE) — DT Midstream, Inc. (NYSE: DTM) today announced third quarter 2024 reported net income of $88 million, or $0.90 per diluted share. For the third quarter of 2024, Operating Earnings were also $88 million, or $0.90 per diluted share. Adjusted EBITDA for the quarter was $241 million. Reconciliations of Operating Earnings and Adjusted EBITDA (non-GAAP measures) to reported net income are included at the end of this news release. The company also announced that the DT Midstream Board of Directors declared a $0.735 per share dividend on its common stock payable January 15, 2025 to stockholders of record at the close of business December 16, 2024. “We continue our strong performance in 2024,” said David Slater, President and CEO. “And we have made great progress advancing new opportunities which...