Day: February 20, 2025

– Closed investments of $330.8 million at a weighted average initial cash yield 9.3% in 2024 –– Raised $165.2 million of net proceeds under common ATM program in 2024 –– Current signed-not-open pipeline of $5.2 million – WINTER PARK, Fla., Feb. 20, 2025 (GLOBE NEWSWIRE) — CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced its operating results and earnings for the quarter and year ended December 31, 2024. “2024 was an outstanding year for the Company. We closed $331 million of investments at a weighted average yield of 9.3% and produced record high Core FFO of $1.88 per share,” stated John P. Albright, President and Chief Executive Officer of CTO Realty Growth. “We also opportunistically raised capital ending the year with $222 million of liquidity to support future growth and our current signed-not-open...

ANDOVER, Mass., Feb. 20, 2025 (GLOBE NEWSWIRE) — Vicor Corporation (NASDAQ: VICR) today reported financial results for the fourth quarter and year ended December 31, 2024. These results will be discussed later today at 5:00 p.m. Eastern Time, during management’s quarterly investor conference call. The details for the call are below. Revenues for the fourth quarter ended December 31, 2024 totaled $96.2 million, a 3.8% increase from $92.7 million for the corresponding period a year ago, and a 3.2% sequential increase from $93.2 million in the third quarter of 2024. Gross margin increased to $50.4 million for the fourth quarter of 2024, compared to $47.3 million for the corresponding period a year ago and increased from $45.7 million for the third quarter of 2024. Gross margin, as a percentage of revenue, increased to 52.4% for the...

TROY, Mich., Feb. 20, 2025 (GLOBE NEWSWIRE) — Altair (Nasdaq: ALTR), a global leader in computational intelligence, today released its financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Financial HighlightsSoftware revenue was $179.4 million compared to $155.9 million for the fourth quarter of 2023, an increase of 15.0% in reported currency and 16.5% in constant currency Total revenue was $192.6 million compared to $171.5 million for the fourth quarter of 2023, an increase of 12.3% in reported currency and 13.8% in constant currency Net income was $1.0 million compared to $19.7 million for the fourth quarter of 2023, a decrease in earnings of $18.7 million. Net income per share, diluted was $0.01 based on 89.3 million diluted weighted average common shares outstanding, compared...

CHICAGO, Feb. 20, 2025 (GLOBE NEWSWIRE) — Century Aluminum Company (NASDAQ: CENX) today announced its fourth quarter and full year 2024 results. Fourth Quarter 2024 HighlightsNet sales $631.0 million Reported net income attributable to Century stockholders of $47.7 million, or $0.47 per diluted share; adjusted net income of $45.9 million1, or $0.49 per share; Adjusted EBITDA attributable to Century stockholders of $82.4 million1 Ending cash and cash equivalents of $32.9 million and strong liquidity of $244.5 million as of December 31, 2024 Full Year 2024 HighlightsNet sales $2.2 billion Reported net income attributable to Century stockholders of $339.4 million, or $3.29 per share; adjusted net income of $104.0 million1, or $1.11 per share; Adjusted EBITDA attributable to Century stockholders of $245.2 million1 Recorded highest...

Increases Quarterly Dividend 11% to $0.68 per Share and Approves Stock Repurchase Program of $500 Million LOUISVILLE, Ky., Feb. 20, 2025 (GLOBE NEWSWIRE) — Texas Roadhouse, Inc. (NasdaqGS: TXRH), today announced financial results for the fourth quarter and fiscal year ended December 31, 2024. Financial Results Financial results for the fourth quarter and fiscal year ended December 31, 2024 and December 26, 2023 were as follows:                                             Fourth Quarter Ended   Fiscal Year Ended  ($000’s, except per share amounts) December 31, 2024   December 26, 2023   % change   December 31, 2024   December 26, 2023     % change  Total revenue $ 1,437,914     $ 1,164,361       23.5 %   $ 5,373,332     $ 4,631,672       16.0 %Income from operations   138,552       83,773       65.4 %     516,519       353,989       45.9 %Net...

INDIANAPOLIS, Feb. 20, 2025 (GLOBE NEWSWIRE) — Today the Board of Directors of the Federal Home Loan Bank of Indianapolis (“FHLBank Indianapolis” or “Bank”) declared its fourth quarter 2024 dividends on Class B-2 activity-based capital stock and Class B-1 non-activity-based stock at annualized rates of 9.50% and 4.50%, respectively. The higher dividend rate on activity-based stock reflects the Board’s discretion under the Bank’s capital plan to reward members that use FHLBank Indianapolis in support of their liquidity needs. The dividends will be paid in cash on February 21, 2025. “I am proud that FHLBank Indianapolis delivered strong financial results in 2024, a reflection of our steadfast commitment to serving our members’ liquidity needs while maintaining the Bank’s financial strength...

NEW YORK, Feb. 20, 2025 (GLOBE NEWSWIRE) — The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter and year ended December 31, 2024.  The FHLBNY’s net income for 2024 was $738.5 million, a decrease of $12.6 million, or 1.7%, from record net income of $751.1 million for 2023. Net interest income for the year was $986.8 million, a decrease of $8.5 million, or 0.9%, from a record $995.3 million for 2023. Higher market interest rates and continued large earning asset balances contributed to strong net interest income. Yield on assets increased to 5.34% for 2024 from 5.14% in 2023. Other income increased by $35.5 million, to $112.6 million in 2024, mainly due to net unrealized fair value gains on derivatives and hedged items including trading securities held for liquidity purposes....