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Exco Technologies Limited Announces Results for First Quarter Ended December 31, 2024

Consolidated Sales of $146.6 million compared to $156.7 million the prior year Net Income of $4.2 million EPS of $0.11 compared to $0.15 last year EBITDA of $16.7 million compared to $18.1 million the prior year quarter Quarterly dividend of $0.105 per common share to be paid March 31, 2025TORONTO, Jan. 29, 2025 (GLOBE NEWSWIRE) — Exco Technologies Limited (TSX-XTC) today announced results for its first quarter ended December 31, 2024. In addition, Exco announced a quarterly dividend of $0.105 per common share which will be paid on March 31, 2025 to shareholders of record on March 17, 2025. The dividend is an “eligible dividend” in accordance with the Income Tax Act of Canada.  Three Months EndedDecember 31(in $ thousands except per share amounts)     2024    2023  Sales $143,568   $156,710  Net income for the...

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Bassett Reports Fiscal Fourth Quarter Results

BASSETT, Va., Jan. 29, 2025 (GLOBE NEWSWIRE) — Bassett Furniture Industries, Inc. (NASDAQ: BSET) reported today its results of operations for its fourth quarter ended November 30, 2024. Q4 Consolidated Business Highlights: [FY 24 vs. FY 23, unless otherwise specified]Revenues decreased 11%. Operating income of $0.9 million, which included a $1.0 million charge related to the realization of cumulative translation losses associated with the wind-down of Noa Home Inc. and a $0.4 million restructuring charge for previously announced workforce reductions. Gross margin of 56.6%, driven primarily by improved margins in the wholesale segment. Recorded a $2.6 million tax benefit related to the capital loss associated with our cumulative investment in Noa Home Inc. in 2022. Diluted earnings per share of $0.38 vs. a loss of $0.47. Generated...

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Raymond James Financial Reports Fiscal First Quarter of 2025 Results

ST. PETERSBURG, Fla., Jan. 29, 2025 (GLOBE NEWSWIRE) —Record quarterly net revenues of $3.54 billion, up 17% over the prior year’s fiscal first quarter and 2% over the preceding quarter Quarterly net income available to common shareholders of $599 million, or $2.86 per diluted share; quarterly adjusted net income available to common shareholders of $614 million(1), or $2.93 per diluted share(1) Client assets under administration of $1.56 trillion and record quarter-end Private Client Group assets in fee-based accounts of $876.6 billion, up 14% and 17%, respectively, over December 2023 Domestic Private Client Group net new assets(2) of $14.0 billion for the fiscal first quarter, annualized growth from beginning of period assets of 4.0% Total clients’ domestic cash sweep and Enhanced Savings Program (“ESP”) balances of $59.7...

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PharmAla Issues Q1 Financial Statements

TORONTO, Jan. 29, 2025 (GLOBE NEWSWIRE) — PharmAla Biotech Holdings Inc. (“PharmAla” or the “Company”) (CSE: MDMA) (OTC: MDXXF), a biotechnology company focused on the research, development, and manufacturing of LaNeo™ MDMA and novel derivatives of MDMA (MDXX class molecules), is pleased to have publicly filed its financial and operational results for the year ended November 30, 2024. All figures are reported in Canadian dollars. The Company’s full set of consolidated audited financial statements for the quarter and accompanying management’s discussion and analysis can be accessed by visiting the Company’s website at www.PharmAla.ca and its profile page on SEDAR+ at www.sedarplus.ca. “In Q1, PharmAla saw a significant slowdown in our SAP revenue as we transitioned to our new distribution partner, Rane Pharma. However, this...

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Hawkins, Inc. Reports Third Quarter Fiscal 2025 Results

ROSEVILLE, Minn., Jan. 29, 2025 (GLOBE NEWSWIRE) — Hawkins, Inc. (Nasdaq: HWKN) today announced results for the nine months ended December 29, 2024, its third quarter of fiscal 2025. Third Quarter Fiscal Year 2025 Highlights:Record third quarter results for revenue, gross profit, operating income, and adjusted Earnings Before Interest, Taxes, Depreciation and Amortization (“adjusted EBITDA”), a non-GAAP measure. Overall revenue growth of 8%, once again driven by the Water Treatment segment growth of 22% over the same period of the prior year. Gross profit growth of 15% over the same period of the prior year, with double-digit percentage growth for both the Water Treatment and Health and Nutrition segments. Third quarter operating income of $21.1 million, our 27th consecutive quarter of year-over-year operating income growth. Income...

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Landstar System Reports Fourth Quarter Revenue of $1.209B and Earnings Per Share of $1.31

JACKSONVILLE, Fla., Jan. 29, 2025 (GLOBE NEWSWIRE) — Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) today reported basic and diluted earnings per share (“EPS”) of $1.31 in the 2024 fourth quarter on revenue of $1.209 billion. “The Landstar team of independent business owners and employees continued to perform admirably, despite the continuation of a challenging freight backdrop,” said Landstar President and Chief Executive Officer Frank Lonegro. “I was encouraged to see year-over-year quarterly revenue growth for the first time since the 2022 third quarter. The year-over-year revenue growth was achieved via a sequential increase in overall truck pricing as compared to the 2024 third quarter and a strong revenue performance specific to our unsided/platform service offering. We look to build on this revenue per...

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NorthEast Community Bancorp, Inc. Reports Results for the Fourth Quarter and Year Ended December 31, 2024

WHITE PLAINS, N.Y., Jan. 29, 2025 (GLOBE NEWSWIRE) — NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), generated net income of $10.9 million, or $0.83 per basic share and $0.80 per diluted share, for the fourth quarter ended December 31, 2024 compared to net income of $12.1 million, or $0.82 per basic and diluted share, for the fourth quarter ended December 31, 2023. In addition, the Company generated net income of $47.8 million, or $3.64 per basic share and $3.58 per diluted share, for the year ended December 31, 2024 compared to net income of $46.3 million, or $3.32 per basic share and diluted share, for the year ended December 31, 2023. Kenneth A. Martinek, Chairman of the Board and Chief Executive Officer, stated “We are pleased to report another...

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Penns Woods Bancorp, Inc. Reports Fourth Quarter 2024 Earnings

WILLIAMSPORT, Pa., Jan. 29, 2025 (GLOBE NEWSWIRE) — Penns Woods Bancorp, Inc. (NASDAQ: PWOD) Penns Woods Bancorp, Inc. achieved net income of $17.7 million for the twelve months ended December 31, 2024, resulting in basic and diluted earnings per share of $2.35. HighlightsNet income, as reported under generally accepted accounting principles (GAAP), for the three and twelve months ended December 31, 2024 was $3.7 million and $17.7 million, respectively, compared to $5.6 million and $16.6 million for the same periods of 2023. Results for the three and twelve months ended December 31, 2024 compared to 2023 were impacted by an increase in net interest income of $1.6 million and $3.9 million, respectively, as the cost of funds stabilized. The three and twelve month periods ended December 31, 2024 have been impacted by after-tax merger...

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2024 Q4 Revenue

€994.6 million in total revenue for 2024, down -5.9%, reflecting the Group’s strategic orientationsPrioritizing margins over revenue growth Managed decrease in the most mature markets Focus on the Group’s profitable growth drivers, primarily in Germany and in Energy activitiesQ4: €251.8 million in revenue, down -12.4%Q4 2023 comparison basis particularly high Impact of selectivity measures implemented in Q2 in the telecom sector in France and Spain Fiber activity in Belgium remains low as negotiations continue between telco service providers seeking to pool their investments. Strong growth in Germany, the group’s future third pillar: +51% Strong growth in Energy activities: +30%2024 full-year margin outlook confirmedImprovement of the Group’s adjusted EBITDA margin Increase in adjusted EBITDA despite the revenue decline,...

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Juniata Valley Financial Corp. Announces Quarter and Year End December 31, 2024 Results

Mifflintown, PA, Jan. 29, 2025 (GLOBE NEWSWIRE) — Juniata Valley Financial Corp. (OTCQX:JUVF) (“Juniata”) announced net income for the three months ended December 31, 2024 of $1.5 million compared to net income of $1.7 million for the three months ended December 31, 2023. Earnings per share, basic and diluted, was $0.30 for the three months ended December 31, 2024, compared to $0.33 for the three months ended December 31, 2023. Net income for the year ended December 31, 2024 was $6.2 million compared to net income of $6.6 million for the year ended December 31, 2023. Basic and diluted earnings per share were $1.25 and $1.24, respectively, for the year ended December 31, 2024 compared to basic and diluted earnings per share of $1.32 and $1.31, respectively, for the corresponding 2023 period. President’s Message President and Chief...

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