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Correction: cBrain lowers expected yearly revenue growth to 10-15%, but maintains EBT margin of 24-30%

Company Announcement no. 10/2024 cBrain lowers expected yearly revenue growth to 10-15%, but maintains EBT margin of 24-30%Copenhagen, November 28, 2024cBrain (NASDAQ: CBRAIN) is executing its international growth plan with a financial goal of reaching total revenue of 350 million DKK in 2025. This goal is anchored in two primary revenue streams, referred to as “Base” and “Stepping stones”.  The “Base” stream aims to achieve annual revenue growth of 10-15% by strengthening and expanding existing operations and customer relationships. In parallel, the “Stepping Stones” initiative aims to lift annual revenue growth to 30%, by increasing contract values and winning larger international contracts. cBrain continues to execute its growth strategy, building a robust pipeline of major opportunities. This is facilitated by a growing number...

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cBrain lowers expected yearly revenue growth to 10-15%, but maintains EBT margin of 24-28%

Company Announcement no. 10/2024 cBrain lowers expected yearly revenue growth to 10-15%, but maintains EBT margin of 24-28%Copenhagen, November 28, 2024cBrain (NASDAQ: CBRAIN) is executing its international growth plan with a financial goal of reaching total revenue of 350 million DKK in 2025. This goal is anchored in two primary revenue streams, referred to as “Base” and “Stepping stones”.  The “Base” stream aims to achieve annual revenue growth of 10-15% by strengthening and expanding existing operations and customer relationships. In parallel, the “Stepping Stones” initiative aims to lift annual revenue growth to 30%, by increasing contract values and winning larger international contracts. cBrain continues to execute its growth strategy, building a robust pipeline of major opportunities. This is facilitated by a growing number...

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Purpose Investments Inc. Announces Final October 2024 Distribution Rate for Purpose High Interest Savings Fund, Purpose US Cash Fund, Purpose Cash Management Fund, and Purpose USD Cash Management Fund

TORONTO, Oct. 28, 2024 (GLOBE NEWSWIRE) — Purpose Investments Inc. announced today the final October 2024 distribution rates for Purpose High Interest Savings Fund, Purpose US Cash Fund, Purpose Cash Management Fund, and Purpose USD Cash Management Fund. Due to the recent interest rate cut by the Bank of Canada, the distribution levels for our Canadian cash funds have been proportionately reduced to align with this adjustment. The following table reflects the final distribution amounts for the month of October. Ex-distribution date is October 29, 2024.Open-End Fund Ticker Symbol Final distribution per unit Record Date Payable Date Distribution FrequencyPurpose USD Cash Management Fund – ETF Units MNU.U US $ 0.4473 10/29/2024 11/04/2024 MonthlyPurpose Cash Management Fund – ETF Units MNY $ 0.3914 10/29/2024 11/04/2024 MonthlyPurpose...

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First Hawaiian, Inc. Reports Third Quarter 2024 Financial Results and Declares Dividend

HONOLULU, Oct. 25, 2024 (GLOBE NEWSWIRE) — First Hawaiian, Inc. (NASDAQ:FHB), (“First Hawaiian” or the “Company”) today reported financial results for its quarter ended September 30, 2024. “I’m happy to report that we had a very good third quarter,” said Bob Harrison, Chairman, President, and CEO. “Net interest income and noninterest income increased over the prior quarter, expenses were well controlled and credit quality remained excellent. I’m also pleased to report that during the third quarter, Moody’s reviewed and reaffirmed all of First Hawaiian Bank’s long-term credit and deposit ratings.” On October 23, 2024, the Company’s Board of Directors declared a quarterly cash dividend of $0.26 per share. The dividend will be payable on November 29, 2024, to stockholders of record at the close of business on November 18, 2024. Third...

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Meridian Corporation Reports Third Quarter 2024 Results and Announces a Quarterly Dividend of $0.125 per Common Share

MALVERN, Pa., Oct. 24, 2024 (GLOBE NEWSWIRE) — Meridian Corporation (Nasdaq: MRBK) today reported:  Three Months Ended(Dollars in thousands, except per share data) (Unaudited) September 30,2024   June 30,2024   September 30,2023Income:          Net income $ 4,743   $ 3,326   $ 4,005Diluted earnings per common share $ 0.42   $ 0.30   $ 0.35Pre-tax, pre-provision income (1) $ 8,527   $ 7,072   $ 5,292(1) See Non-GAAP reconciliation in the Appendix                     Net income for the quarter ended September 30, 2024 was $4.7 million and pre-tax, pre-provision income was $8.5 million1. Return on average assets and return on average equity for the third quarter of 2024 were 0.80% and 11.41%, respectively. Net interest margin was 3.20% for the third quarter of 2024, with a loan yield of 7.41%. Total assets...

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Sustainable Power & Infrastructure Split Corp. Increases Class A Share Distribution

TORONTO, Oct. 24, 2024 (GLOBE NEWSWIRE) — Sustainable Power & Infrastructure Split Corp. class A shares (the “Class A Shares”) have delivered a 66.6% year-to-date return and a 13.5% per annum return since inception in May 2021(1). As a result of this strong performance, a positive outlook for the sectors Sustainable Power & Infrastructure Split Corp. (the “Fund”) invests in and dividend growth from the Fund’s portfolio holdings, Brompton Funds is pleased to announce an increase to the monthly distribution rate from $0.06667 to $0.085 per Class A Share. The new distribution rate for the Class A Shares of $1.02 per annum, or 10.5%(2) based on the TSX closing price of $9.70 on October 23, 2024, represents a 27.5% increase from the previous level of $0.80 per annum. Brompton Funds announces a distribution payable November...

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Middlesex Water Company Increases Common Dividend by 4.62%

52 Years of Consecutive Dividend Increases ISELIN, N.J., Oct. 24, 2024 (GLOBE NEWSWIRE) — Middlesex Water Company (NASDAQ: MSEX) announced today that its Board of Directors has declared a quarterly cash dividend of $0.34 per share on its common stock, a 4.62% increase from the $0.325 per share dividend last declared in July 2024. This increase raises the annual dividend rate to $1.36 from $1.30 per share of common stock and marks Middlesex’s 52nd consecutive year of dividend increases. The dividend at the new rate is payable December 2, 2024, to shareholders of record as of November 15, 2024. Middlesex Water Company has paid cash dividends in varying amounts continually since 1912. Middlesex Water Company provides regulated and unregulated water and wastewater utility services primarily in New Jersey and Delaware through various...

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Gaming and Leisure Properties Reports Record Third Quarter 2024 Results

WYOMISSING, Pa., Oct. 24, 2024 (GLOBE NEWSWIRE) — Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI” or the “Company”) today announced financial results for the quarter ended September 30, 2024. Financial Highlights    Three Months Ended September 30,(in millions, except per share data)   2024   2023Total Revenue   $ 385.3   $ 359.6Income from Operations   $ 271.4   $ 268.3Net Income   $ 190.1   $ 189.3FFO (1) (4)   $ 250.6   $ 254.4AFFO (2) (4)   $ 268.2   $ 251.2Adjusted EBITDA (3) (4)   $ 346.4   $ 327.1Net income, per diluted common share and OP units (4)   $ 0.67   $ 0.70FFO, per diluted common share and OP units (4)   $ 0.89   $ 0.94AFFO, per diluted common share and OP units (4)   $ 0.95   $ 0.92             ______________________________________ (1) Funds from Operations (“FFO”)...

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Ninepoint Partners Announces October 2024 Cash Distributions for ETF Series Securities

TORONTO, Oct. 24, 2024 (GLOBE NEWSWIRE) — Ninepoint Partners LP (“Ninepoint Partners”) today announced the October 2024 cash distributions for its ETF Series securities. The record date for the distributions is October 31, 2024. All distributions are payable on November 7, 2024. The per-unit October distributions are detailed below:Ninepoint ETF Series Ticker Distribution per unit Notional Distribution per unit CUSIPNinepoint Diversified Bond Fund NBND $0.05435 $0.00000 65443H100Ninepoint Alternative Credit Opportunities Fund NACO $0.04162 $0.00000 65443Q100Ninepoint Energy Income Fund NRGI $0.11865 $0.00000 65444A104Ninepoint Target Income Fund TIF $0.10068 $0.00000 65446C108About Ninepoint Partners Based in Toronto, Ninepoint Partners LP is one of Canada’s leading alternative investment management firms overseeing...

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Federal Home Loan Bank of Atlanta Announces Third Quarter 2024 Operating Highlights and Declares Dividend

ATLANTA, Oct. 24, 2024 (GLOBE NEWSWIRE) — Federal Home Loan Bank of Atlanta (the Bank) today released preliminary unaudited financial highlights for the quarter ended September 30, 2024. All numbers reported below for the third quarter of 2024 are approximate until the Bank announces unaudited financial results in its Form 10-Q, which is expected to be filed with the Securities and Exchange Commission (SEC) on or about November 7, 2024. Operating Results for the Third Quarter of 2024Net interest income for the third quarter of 2024 was $221 million, a decrease of $19 million, compared to net interest income of $240 million for the same period in 2023. Net income for the third quarter of 2024 was $150 million, a decrease of $28 million, compared to net income of $178 million for the same period in 2023. The decrease in net income...

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