Day: February 24, 2025

MediaAlpha Announces Fourth Quarter and Full Year 2024 Financial Results

Written by Customer Service on February 24, 2025. Posted in Earnings Releases And Operating Results.

Exceeds Fourth Quarter Guidance with Revenue Growth of 157% and Transaction Value Growth of 202%; Delivers Record Transaction Value of $401 million in Property & Casualty Vertical Full-Year 2024 Revenue Grew 123% to $865 million; Transaction Value Grew 151% to $1.5 billion, Driven by Robust Volume and Pricing Full-Year 2024 Net Income Significantly Improved to $22.1 million; Record Adjusted EBITDA(1)of $96.1 million LOS ANGELES, Feb. 24, 2025 (GLOBE NEWSWIRE) — MediaAlpha, Inc. (NYSE: MAX) (“MediaAlpha” or the “Company”) today announced its financial results for the fourth quarter and full year ended December 31, 2024. “Our fourth quarter financial results surpassed our expectations, closing out a year of record-breaking performance,” said MediaAlpha co-founder and CEO Steve Yi. “Our Property &...

Navitas Semiconductor Announces Fourth Quarter and Full Year 2024 Financial Results

Written by Customer Service on February 24, 2025. Posted in Earnings Releases And Operating Results.

GaN revenue up over 50% to record high Design-wins of $450 million with highest growth rates in Data Center and EV Strong balance sheet and continued expense management to accelerate profitabilityTORRANCE, Calif., Feb. 24, 2025 (GLOBE NEWSWIRE) — Navitas Semiconductor (Nasdaq: NVTS), the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, today announced unaudited financial results for the fourth quarter and full year ended December 31, 2024. “I am proud of our team’s efforts to deliver growth in 2024, despite significant headwinds with an industry-wide slow-down in some major markets,” said Gene Sheridan, CEO and co-founder. “We achieved record GaN revenues from mobile, consumer and appliance sectors, while both GaN and SiC...

Diamondback Energy, Inc. Announces Fourth Quarter and Full Year 2024 Financial and Operating Results; Increases Base Dividend

Written by Customer Service on February 24, 2025. Posted in Earnings Releases And Operating Results.

MIDLAND, Texas, Feb. 24, 2025 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced financial and operating results for the fourth quarter and full year ended December 31, 2024. FOURTH QUARTER 2024 HIGHLIGHTSAverage production of 475.9 MBO/d (883.4 MBOE/d) Net cash provided by operating activities of $2.3 billion; Operating Cash Flow Before Working Capital Changes (as defined and reconciled below) of $2.3 billion Cash capital expenditures of $933 million Free Cash Flow (as defined and reconciled below) of $1.3 billion; Adjusted Free Cash Flow (as defined and reconciled below) of $1.4 billion Increased annual base dividend by 11% to $4.00 per share; declared Q4 2024 base cash dividend of $1.00 per share payable on March 13, 2025; implies a 2.6% annualized yield based on February 21,...

Goosehead Insurance, Inc. Announces Fourth Quarter and Full Year 2024 Results

Written by Customer Service on February 24, 2025. Posted in Earnings Releases And Operating Results.

– Total Revenue Increased 20% for the year to $314.5 million –– Core Revenue Grew 17% for the year to $273.7 million –– Total Written Premium in 2024 Increased 29% to $3.8 billion –– 2024 Net Income of $49.1 million versus $23.7 million in 2023 –– Adjusted EBITDA in 2024 up 43% to $99.9 million – WESTLAKE, Texas, Feb. 24, 2025 (GLOBE NEWSWIRE) — Goosehead Insurance, Inc. (“Goosehead” or the “Company”) (NASDAQ: GSHD), a rapidly growing independent personal lines insurance agency, today announced results for the fourth quarter and year ended December 31, 2024. Fourth Quarter 2024 HighlightsTotal Revenues grew 49% over the prior-year period to $93.9 million in the fourth quarter of 2024 Fourth quarter Core Revenues* of $68.0 million increased 19% over the prior-year period Fourth quarter net income of $23.8 million improved from...

Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., Reports Fourth Quarter and Full Year 2024 Financial and Operating Results

Written by Customer Service on February 24, 2025. Posted in Earnings Releases And Operating Results.

MIDLAND, Texas, Feb. 24, 2025 (GLOBE NEWSWIRE) — Viper Energy, Inc., (NASDAQ:VNOM) (“Viper” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), today announced financial and operating results for the fourth quarter and full year ended December 31, 2024. FOURTH QUARTER HIGHLIGHTSQ4 2024 average production of 29,859 bo/d (56,109 boe/d) Q4 2024 consolidated net income (including non-controlling interest) of $272.8 million; net income attributable to Viper of $210.1 million, or $2.04 per Class A common share; includes a one-time tax benefit of $155.9 million from the reversal of the valuation allowance against the Company’s deferred tax assets Q4 2024 cash available for distribution to Viper’s Class A common shares (as defined and reconciled below) of $89.0 million, or $0.86 per Class A common...

Clearway Energy, Inc. Reports Full Year 2024 Financial Results

Written by Customer Service on February 24, 2025. Posted in Earnings Releases And Operating Results.

Committed to approximately $450 million of new long-term corporate capital investments in 2024 Signed agreements with Clearway Group to commit to invest in 320 MW storage hybridization portfolio and 335 MW wind repowering Signed binding 3rd party M&A agreement to acquire a 137 MW wind project Reaffirming 2025 financial guidance range Increased the quarterly dividend by 1.7% to $0.4312 per share in the first quarter of 2025, or $1.7248 per share annualizedPRINCETON, N.J., Feb. 24, 2025 (GLOBE NEWSWIRE) — Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) today reported full year 2024 financial results, including Net Loss of $63 million, Adjusted EBITDA of $1,146 million, Cash from Operating Activities of $770 million, and Cash Available for Distribution (CAFD) of $425 million. “Clearway’s full year 2024 results exceeded guidance...

Nokia Corporation: Repurchase of own shares on 24.02.2025

Written by Customer Service on February 24, 2025. Posted in Public Companies.

Nokia CorporationStock Exchange Release24 February 2025 at 22:30 EET Nokia Corporation: Repurchase of own shares on 24.02.2025 Espoo, Finland – On 24 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 1,317,492 4.75CEUX – –BATE – –AQEU – –TQEX – –Total 1,317,492 4.75* 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...

CORRECTION — Intchains Group Limited to Report Unaudited Fourth Quarter and Full Year 2024 Financial Results on Thursday, February 27, 2025

Written by Customer Service on February 24, 2025. Posted in Public Companies.

SHANGHAI, Feb. 24, 2025 (GLOBE NEWSWIRE) — Intchains Group Limited (Nasdaq: ICG) (“we,” or the “Company”), a provider of integrated solutions consisting of efficient mining products for altcoins, and on acquiring and holding ETH-based cryptocurrencies as its long-term asset reserve to support its Web3 industry development initiatives including actively developing Web3-based applications, today announced it will release its unaudited financial results for the fourth quarter and full year of 2024 ended December 31, 2024. Conference Call Information The Company’s management team will host an earnings conference call to discuss its financial results at 8:00 PM U.S. Eastern Time on February 27, 2025 (9:00 AM Beijing Time on February 28, 2025). Details for the conference call are as follows:Event Title: Intchains Group Limited Third...

Monarch honored by Forbes as one of America’s most successful small companies

Written by Customer Service on February 24, 2025. Posted in Public Companies.

Only northern Nevada company to make 2025 list RENO, Nev., Feb. 24, 2025 (GLOBE NEWSWIRE) — Monarch Casino & Resort, Inc. (Nasdaq: MCRI) has been named one of America’s most successful small companies by Forbes. Monarch, which through its subsidiaries, owns and operates Atlantis Casino Resort Spa in Reno, Nevada and Monarch Casino Resort Spa in Black Hawk, Colorado, was ranked 79th on Forbes’ 2025 list. This marks the third time in four years Monarch has been recognized by Forbes as one of the top small-cap performers in the United States. “This achievement is a testament to the dedication, innovation, and hard work of our team,” said John Farahi, Co-Chairman and CEO of Monarch. “We take great pride in providing our valued guests with luxury resort offerings and exceptional, award-winning service. Aggressive reinvestment in...

Sotherly Hotels Inc. Announces Amended Dividend Tax Treatment

Written by Customer Service on February 24, 2025. Posted in Public Companies.

WILLIAMSBURG, Va., Feb. 24, 2025 (GLOBE NEWSWIRE) — Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) is amending the estimated income tax classification information of the Company’s 2024 distributions on its Series D preferred shares (CUSIP #83600C509), which was previously released on February 18, 2025, due to the inclusion of incorrect “paid” and “record” dates in the release. The changes apply to only the Series D preferred shares portion of the release. The income tax classification of the 2024 distributions as it is expected to be reported on Form 1099-DIV is set forth in the following table:SERIES B PREFERRED SHARES Total Taxable Nontaxable Record Paid Cash Distribution Ordinary Distribution Sec 199ADate Date Per Share Income (Return of Capital) Dividends02/29/2024 03/15/2024 0.500000 0.500000 0.000000 0.500000 05/31/2024 06/17/2024 0.500000 0.500000 0.000000 0.500000 08/30/2024 09/16/2024 0.500000 0.500000 0.000000 0.500000 11/29/2024 12/16/2024 0.500000 0.500000 0.000000 0.500000 TOTAL 2.000000 2.000000 0.000000 2.000000 Percent 100.0000% 100.0000% 0.0000% 100.0000% The...

Day: February 24, 2025

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