Day: January 30, 2025

Rogers tops $20 billion in annual revenue in 2024 as more Canadians choose Rogers Wireless and Internet than any other carrier in CanadaLed all Canadian carriers with combined mobile phone and Internet net additions of 623,000 in 2024 Delivered service revenue growth of 7% and adjusted EBITDA growth of 12%; over $3 billion in free cash flow1 and $4 billion in capital expenditures in Canadian economy in 2024Q4 caps our third straight year of delivering industry-leading financial and operating performance led by continued disciplined loading and efficiency gainsWireless service revenue up 2% and adjusted EBITDA up 6%Net postpaid and prepaid phone additions of 95,000 Margin up 250 basis points to 66%; blended ARPU stable at $58 Postpaid mobile phone churn of 1.53%, a 14 basis point improvement over last yearCable revenue improves...

Fourth quarter 2024 GAAP earnings per share of $0.74, and fourth quarter 2024 adjusted earnings per share¹ of $1.29. Fourth quarter 2024 inland marine term contracts repriced higher in the 6-9% range year-over-year. Kirby repurchased 286,697 shares at an average price of $116.16 for $33.3 million and reduced debt balances by $105 million in the 2024 fourth quarter. 2025 expected earnings growth of 15% to 25% year-over-year.¹ Non-GAAP measure. See reconciliation in section titled “One-time Items” HOUSTON, Jan. 30, 2025 (GLOBE NEWSWIRE) — Kirby Corporation (“Kirby”) (NYSE: KEX) today announced net earnings attributable to Kirby for the fourth quarter ended December 31, 2024 of $42.8 million or $0.74 per share, compared with a net earnings of $61.9 million or $1.04 per share for the 2023 fourth quarter. Excluding one-time charges...

Executing on Strategic Approach for Driving Sales and Managing Inventory Fiscal First Quarter 2025 HighlightsRevenue increased 3% to $376 million Same-store sales increased 4%, including an increase in units sold Gross profit margin of 22.4%, impacted by exiting brands GAAP net loss of $14 million, or $(0.81) per diluted share and adjusted diluted loss per share1 of $(0.54) Adjusted EBITDA1 of $2 millionBUFORD, Ga., Jan. 30, 2025 (GLOBE NEWSWIRE) — OneWater Marine Inc. (NASDAQ: ONEW) (“OneWater” or the “Company”) today announced results for its fiscal first quarter ended December 31, 2024. “First quarter results exceeded expectations driven by higher unit sales in both new and preowned categories. Our strategic inventory management and operational execution drove outperformance against the industry, and our team did a great...

MANCHESTER, N.H., Jan. 30, 2025 (GLOBE NEWSWIRE) — Allegro MicroSystems, Inc. (“Allegro” or the “Company”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced financial results for its third quarter ended December 27, 2024.   “We delivered on our commitments with third quarter sales of $178 million and non-GAAP EPS of $0.07, both above the midpoint of our guidance,” said Vineet Nargolwala, President and CEO of Allegro. “During the quarter, we introduced a record number of new magnetic sensing and power products to the market, further expanding our differentiated portfolios. This increasing velocity further solidifies our market leadership and positions us well for above market growth.” Third Quarter Financial Highlights:In thousands, except...

ENGLEWOOD CLIFFS, N.J., Jan. 30, 2025 (GLOBE NEWSWIRE) — ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today reported net income available to common stockholders of $18.9 million for the fourth quarter of 2024 compared with $15.7 million for the third quarter of 2024 and $17.8 million for the fourth quarter of 2023. Diluted earnings per share were $0.49 for the fourth quarter of 2024 compared with $0.41 for the third quarter of 2024 and $0.46 for the fourth quarter of 2023. Full-year 2024 net income available to common stockholders was $67.8 million, compared to $81.0 million for the full-year 2023. Diluted earnings per share for the full-year 2024 were $1.76, compared with $2.07 for the full-year 2023. Return on average assets was 0.84%, 0.70% and 0.79%...

LOUDON, Tenn., Jan. 30, 2025 (GLOBE NEWSWIRE) — Malibu Boats, Inc. (Nasdaq: MBUU) today announced its financial results for the second quarter ended December 31, 2024. Second Quarter Fiscal 2025 Highlights Compared to Second Quarter Fiscal 2024:Net sales decreased 5.1% to $200.3 million Unit volume decreased 11.0% to 1,222 units Gross profit decreased 0.2% to $37.4 million GAAP net income decreased 76.1% to $2.4 million GAAP net income available to Class A Common Stock per share (diluted) decreased 76% to $0.12 per share Adjusted EBITDA decreased 26.3% to $16.9 million Adjusted fully distributed net income per share decreased 46% to $0.31 per share on a fully distributed weighted-average share count of 20.4 million shares of Class A Common Stock“During the second quarter, we navigated a challenging marine environment...

BROOKFIELD, NEWS, Jan. 30, 2025 (GLOBE NEWSWIRE) — Brookfield Infrastructure Partners L.P. (Brookfield Infrastructure, BIP, or the Partnership) (NYSE: BIP; TSX: BIP.UN) today announced its results for the year ended December 31, 2024. “During 2024 we generated strong financial results and closed on all of our capital recycling initiatives, showcasing the resilience and durability of our business strategy” said Sam Pollock, Chief Executive Officer of Brookfield Infrastructure. “2025 is off to a great start as we continue to capture elevated inflation in our results, secure meaningful proceeds from asset sales and add to our robust growth initiatives led by digitalization tailwinds.”  For the twelve months ended December 31US$ millions (except per unit amounts), unaudited1   2024     2023Net income attributable to the partnership2 $ 391   $ 432–...