Day: February 18, 2025

Rush Enterprises, Inc. Reports Fourth Quarter and Year-End 2024 Results, Announces $0.18 per Share Dividend

Written by Customer Service on February 18, 2025. Posted in Earnings Releases And Operating Results.

Annual revenues of $7.8 billion; net income of $304.2 million Annual earnings per diluted share of $3.72 4th quarter revenues of $2.0 billion; net income of $74.8 million Board declares cash dividend of $.18 per share of Class A and Class B common stockSAN ANTONIO, Feb. 18, 2025 (GLOBE NEWSWIRE) — Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America, today announced that for the year ended December 31, 2024, the Company achieved revenues of $7.8 billion and net income of $304.2 million, or $3.72 per diluted share, compared with revenues of $7.9 billion and net income of $347.1 million, or $4.15 per diluted share, for the year ended December 31, 2023. In the third quarter of 2024, the Company recognized a one-time, pre-tax charge of approximately...

Adeia Announces Fourth Quarter and Full Year 2024 Financial Results

Written by Customer Service on February 18, 2025. Posted in Earnings Releases And Operating Results.

Achieved record post-separation revenue and cash from operations in the fourth quarterSigned 10 deals in the fourth quarter and 32 during the yearPaid down $50 million of debt and repurchased $20 million of common stock in the fourth quarter SAN JOSE, Calif., Feb. 18, 2025 (GLOBE NEWSWIRE) — Adeia Inc. (Nasdaq: ADEA) (the “Company” or “Adeia”) today announced financial results for the fourth quarter and full year ended December 31, 2024. “Our fourth quarter results showed the evolution of our business model as we continued to grow and expand into our target growth markets. During the quarter, we signed 10 deals across multiple verticals, bringing the total deals for the year to 32. We are very pleased with our deal execution closing out the year with 4 new customer agreements, including important new strategic deals with Amazon,...

Safe Bulkers, Inc. Reports Fourth Quarter and Twelve Months 2024 Results and Declares Dividend on Common Stock

Written by Customer Service on February 18, 2025. Posted in Earnings Releases And Operating Results.

MONACO, Feb. 18, 2025 (GLOBE NEWSWIRE) — Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three and twelve month periods ended December 31, 2024. The Board of Directors of the Company also declared a cash dividend of $0.05 per share of outstanding common stock.Financial highlights In million U.S. Dollars except per share data Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Twelve Months 2024 Twelve Months 2023Net revenues 71.5 75.9 78.5 81.7 82.3 307.6 284.4Net income 19.4 25.1 27.6 25.3 27.6 97.4 77.4Adjusted Net income1 18.1 19.0 20.3 24.2 29.5 81.6 70.2EBITDA2 41.9 47.4 49.2 47.9 48.8 186.4 156.2Adjusted EBITDA 2 40.7 41.3 41.8 46.8 50.7 170.7 149.0Earnings per share basic and...

Gibson Energy Reports 2024 Fourth Quarter and Record Full Year Results Driven by All-Time High Volumes at the Gateway and Edmonton Terminals, Alongside a 5% Dividend Increase

Written by Customer Service on February 18, 2025. Posted in Earnings Releases And Operating Results.

All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta, Feb. 18, 2025 (GLOBE NEWSWIRE) — Gibson Energy Inc. (TSX:GEI) (“Gibson” or the “Company”) announced today its financial and operating results for the three and twelve months ended December 31, 2024. “We are pleased to announce record Infrastructure results for 2024, driven by a full year of contribution from Gateway,” said Curtis Philippon, President & Chief Executive Officer. “Exiting the year, the quality and stability of our Infrastructure cash flows improved due to successful re-contracting efforts and record throughput at both Gateway and Edmonton. We also announced exciting growth capital projects at Gateway. I am pleased with the progress we are making on setting up the Gibson team, increasing...

Nokia Corporation: Repurchase of own shares on 18.02.2025

Written by Customer Service on February 18, 2025. Posted in Public Companies.

Nokia CorporationStock Exchange Release18 February 2025 at 22:30 EET Nokia Corporation: Repurchase of own shares on 18.02.2025 Espoo, Finland – On 18 February 2025 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*XHEL 1,336,347 4.79CEUX – –BATE – –AQEU – –TQEX – –Total 1,336,347 4.79* Rounded to two decimals On 22 November 2024, Nokia announced that its Board of Directors is initiating a share buyback program to offset the dilutive effect of new Nokia shares issued to the shareholders of Infinera Corporation and certain Infinera Corporation share-based incentives. The repurchases in compliance with the Market Abuse Regulation (EU) 596/2014...

Kitron: Kitron receives new order for Joint Strike Missile

Written by Customer Service on February 18, 2025. Posted in Public Companies.

(2025-02-18) Kitron has received an order with a value of about NOK 73 million covering electronics for the Joint Strike Missile (JSM) supplied by Kongsberg Defence & Aerospace (KONGSBERG). “Kitron has long been actively engaged in the JSM program, and this order significantly boosts our order backlog related to this critically important weapon system. We are delighted that KONGSBERG has once again turned to Kitron for our services in this growing market segment,” says Hans Petter Thomassen, VP Nordics & North America. Deliveries under the new order are set to commence in 2026. Production will take place at Kitron’s facility in Arendal, Norway. The JSM is an air-launched cruise missile developed based on the well-proven and modern technology of the Naval Strike Missile (NSM) program, for which Kitron also provides electronics...

U.S. Soccer and Westwood One Reach English-Language Audio Rights Agreement

Written by Customer Service on February 18, 2025. Posted in Public Companies.

Westwood One Sports to Bring U.S. Soccer to Audio Listeners Nationwide;First Broadcast Set for 10th Annual SheBelieves Cup CHICAGO, Feb. 18, 2025 (GLOBE NEWSWIRE) — U.S. Soccer and Cumulus Media’s (NASDAQ: CMLS) Westwood One have reached an agreement for Westwood One Sports to serve as the new domestic English-language audio partner of U.S. Soccer. The multi-year exclusive partnership gives Westwood One Sports broadcast rights to all U.S. Soccer Federation-hosted matches, including all USWNT and USMNT friendlies, Concacaf Nations League Quarterfinal matches, and the SheBelieves Cup. The first broadcast will be Thursday night’s SheBelieves Cup game featuring the USWNT vs. Colombia at 8 pm ET. With more than 9,800 affiliated radio stations, Westwood One is the largest audio network in the United States. Westwood One’s expansive reach...

Oxbridge / SurancePlus to Speak at RWA DAY During ETHDenver 2025

Written by Customer Service on February 18, 2025. Posted in Public Companies.

GRAND CAYMAN, Cayman Islands, Feb. 18, 2025 (GLOBE NEWSWIRE) — Oxbridge Re Holdings Limited (Nasdaq: OXBR) (“Oxbridge Re”), together with its subsidiary SurancePlus, is engaged in the tokenization of Real-World Assets (“RWAs”), initially with tokenized reinsurance securities, and in providing reinsurance solutions to property and casualty insurers in the Gulf Coast region of the United States, announced today that CEO and Chairman Jay Madhu will be a featured speaker at RWA DAY during ETHDenver 2025, a premier event focused on Real-World Asset (RWA) tokenization, moderated by Adam Blumberg. Event Details: Oxbridge / SurancePlus CEO Jay Madhu and Adam Blumberg Fireside ChatLocation: Hilton City Center, Denver, CODate: Wednesday, February 26, 2025Time: 2:15 PM (MST) By using blockchain technology, SurancePlus transforms reinsurance...

BAB, Inc. Reports Year-ended 11/30/24 Results

Written by Customer Service on February 18, 2025. Posted in Earnings Releases And Operating Results.

DEERFIELD, Ill., Feb. 18, 2025 (GLOBE NEWSWIRE) — BAB, Inc. (OTCQB: BABB) announced its financial results for its fiscal year-ended November 30, 2024, reporting net income of $525,000, or $0.07 per share. For the year-ended November 30, 2024, BAB, Inc. had revenues of $3,545,000 and net income of $525,000, or $0.07 per share, versus revenues of $3,510,000 and net income of $467,000, or $0.06 per share, for the same period ending November 30, 2023. Income from operations for fiscal 2024 is $665,000 compared to $615,000 in 2023. The increase in income before interest, other and taxes in fiscal 2024 was $50,000, or 8.1%. The tax provision expense was $206,000 for the year ended November 30, 2024 compared to $183,000 for the year ended November 30, 2023. The tax expense was $23,000 higher in 2024 compared to 2023, primarily because...

Dominion Lending Centres Inc. Increases and Extends Credit Facility

Written by Customer Service on February 18, 2025. Posted in Public Companies.

VANCOUVER, British Columbia, Feb. 18, 2025 (GLOBE NEWSWIRE) — Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that it has amended and extended its credit facilities with The Toronto-Dominion Bank effective February 18, 2025. The maturity date for the credit facilities has been extended from December 19, 2026 to February 18, 2030. The amended credit facilities are comprised of two senior credit facilities (collectively, the “Senior Credit Facilities”). The Senior Credit Facilities provide the Corporation with a revolving credit line and a term facility. The revolving credit facility was increased by $10 million, from $15 million to $25 million, and was undrawn at closing. The term facility has $30.48 million drawn at closing. Interest on the Senior Credit Facilities is based on the...

Day: February 18, 2025

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