Three Months Gone

First Savings Financial Group, Inc. Reports Financial Results for the First Fiscal Quarter Ended December 31, 2022

Retrieved on: 
Monday, February 6, 2023

Noninterest income decreased $11.4 million for the three months ended December 31, 2022 as compared to the same period in 2021.

Key Points: 
  • Noninterest income decreased $11.4 million for the three months ended December 31, 2022 as compared to the same period in 2021.
  • Noninterest expense decreased $7.3 million for the three months ended December 31, 2022 as compared to the same period in 2021.
  • Comparison of Financial Condition at December 31, 2022 and September 30, 2022
    Total assets increased $103.2 million, from $2.09 billion at September 30, 2022 to $2.20 billion at December 31, 2022.
  • At December 31, 2022 and September 30, 2022, the Bank was considered “well-capitalized” under applicable regulatory capital guidelines.

Star Group, L.P. Reports Fiscal 2023 First Quarter Results

Retrieved on: 
Wednesday, February 1, 2023

STAMFORD, Conn., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Star Group, L.P. (the "Company" or "Star") (NYSE:SGU), a home energy distributor and services provider, today announced financial results for its fiscal 2023 first quarter, the three month period ended December 31, 2022.

Key Points: 
  • STAMFORD, Conn., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Star Group, L.P. (the "Company" or "Star") (NYSE:SGU), a home energy distributor and services provider, today announced financial results for its fiscal 2023 first quarter, the three month period ended December 31, 2022.
  • Three Months Ended December 31, 2022 Compared to the Three Months Ended December 31, 2021
    For the fiscal 2023 first quarter, Star reported a 32.8 percent increase in total revenue to $648.2 million compared with $488.3 million in the prior-year period, reflecting higher selling prices.
  • “The first quarter of fiscal 2023 was somewhat unusual in that one month – October – saw temperatures which were 130% colder than in the prior-year period,” Jeff Woosnam, Star Group’s President and Chief Executive Officer.
  • Members of Star's management team will host a webcast and conference call at 11:00 a.m. Eastern Time tomorrow, February 2, 2023.

Southside Bancshares, Inc. Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2022

Retrieved on: 
Friday, January 27, 2023

TYLER, Texas, Jan. 27, 2023 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter and year ended December 31, 2022.

Key Points: 
  • TYLER, Texas, Jan. 27, 2023 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter and year ended December 31, 2022.
  • “We are pleased to report excellent fourth quarter and annual results for 2022,” stated Lee R. Gibson, President and Chief Executive Officer of Southside.
  • Linked quarter, net interest income increased $1.3 million, or 2.4%, compared to $55.5 million during the three months ended September 30, 2022.
  • On a linked quarter basis, noninterest income increased $0.5 million, or 4.8%, compared to the three months ended September 30, 2022.

Veritex Holdings, Inc. Reports Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Tuesday, January 24, 2023

Net interest margin increased 50 bps to 3.87% for the three months ended December 31, 2022 from 3.37% for the three months ended December 31, 2021.

Key Points: 
  • Net interest margin increased 50 bps to 3.87% for the three months ended December 31, 2022 from 3.37% for the three months ended December 31, 2021.
  • Noninterest income for the three months ended December 31, 2022 was $14.3 million, an increase of $1.3 million, or 10.0%, compared to the three months ended September 30, 2022.
  • NPAs increased to $43.7 million, or 0.36% of total assets, at December 31, 2022, compared to $30.6 million, or 0.26% of total assets, at September 30, 2022.
  • The Company had net charge-offs of $5.8 million for the fourth quarter of 2022.

Five Point Holdings, LLC Reports Fourth Quarter and Year-End 2022 Results

Retrieved on: 
Thursday, January 19, 2023

Five Point Holdings, LLC (“Five Point” or the “Company”) (NYSE:FPH), an owner and developer of large mixed-use planned communities in California, today reported its fourth quarter and year-end 2022 results.

Key Points: 
  • Five Point Holdings, LLC (“Five Point” or the “Company”) (NYSE:FPH), an owner and developer of large mixed-use planned communities in California, today reported its fourth quarter and year-end 2022 results.
  • Revenues of $17.0 million for the three months ended December 31, 2022 were primarily generated from management services.
  • Additionally, we collected $14.2 million in incentive compensation payments from our development management agreement with the Great Park Venture.
  • Equity in earnings from unconsolidated entities was $26.2 million for the three months ended December 31, 2022.

Chase Corporation Announces Fiscal First Quarter 2023 Results

Retrieved on: 
Thursday, January 5, 2023

Chase Corporation (NYSE American: CCF), a global specialty chemicals company that is a leading manufacturer of protective materials for high-reliability applications across diverse market sectors, today announced financial results for the first fiscal quarter ended November 30, 2022.

Key Points: 
  • Chase Corporation (NYSE American: CCF), a global specialty chemicals company that is a leading manufacturer of protective materials for high-reliability applications across diverse market sectors, today announced financial results for the first fiscal quarter ended November 30, 2022.
  • Our revenue growth was also supported by fully realized price increase benefits and rising demand within our Industrial Tapes business.
  • Chase has begun its repayments, allocating $15 million toward our credit revolver balance in the first quarter, and we intend to continue debt payments on a regular basis.
  • In the quarter we also had an income tax rate of 21.8% versus 25.8% in the year ago period.

Tempo Provides Third Quarter 2022 Financial and Operational Results Commentary and 2022 and 2023 Guidance

Retrieved on: 
Friday, December 16, 2022

The Company (formerly known as ACE Convergence Acquisition Corp.) completed its business combination with Tempo Automation, Inc., resulting in Tempo becoming a publicly traded company.

Key Points: 
  • The Company (formerly known as ACE Convergence Acquisition Corp.) completed its business combination with Tempo Automation, Inc., resulting in Tempo becoming a publicly traded company.
  • The portal upgrade is scheduled to launch in Q1 2023 and will help us better engage with our customers.
  • In support of this launch, we plan to slightly increase our marketing expenditures in 2023 to promote the new platform and associated services.
  • It is probable that these factors would have a significant impact on Tempo’s projected financial position and results of operations as reported under GAAP.

Update: ADM Endeavors Inc. Reports Third Quarter FY 2022 Results 

Retrieved on: 
Tuesday, November 29, 2022

FORT WORTH, TX, Nov. 29, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- ADM Endeavors, Inc. (OTCQB: ADMQ) is pleased to announce its financial results for the third quarter ended September 30, 2022.

Key Points: 
  • Expanded client base with 3 New Texas City contracts; City of Allen, City of Frisco, City of Arlington
    FORT WORTH, TX, Nov. 29, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire --ADM Endeavors, Inc.(OTCQB: ADMQ) is pleased to announce its financial results for the third quarter endedSeptember 30, 2022.
  • Operating Results for the Three Months EndedSeptember 30, 2022:
    Revenues for three months endedSept 30, 2022were$2.3 million, compared to$2.4 millionin the same period of 2021.
  • Operating Results for the Nine Months EndedSeptember 30, 2022:
    Revenues for the nine months ended Sept 30, 2022were$4.6 million, compared to$4.9 millionin the same period 2021.
  • ADM Endeavors, through its wholly owned subsidiary, Just Right Products, Inc., is a promotional product distributor and proud member of the Advertising Specialty Institute.

ADM Endeavors Inc. Reports Third Quarter FY 2022 Results 

Retrieved on: 
Tuesday, November 29, 2022

FORT WORTH, TX, Nov. 29, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- ADM Endeavors, Inc. (OTCQB: ADMQ) is pleased to announce its financial results for the third quarter ended September 30, 2022.

Key Points: 
  • Expanded client base with 3 New Texas City contracts; City of Allen, City of Frisco, City of Arlington
    FORT WORTH, TX, Nov. 29, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire --ADM Endeavors, Inc.(OTCQB: ADMQ) is pleased to announce its financial results for the third quarter endedSeptember 30, 2022.
  • Operating Results for the Three Months EndedSeptember 30, 2022:
    Revenues for three months endedSept 30, 2022were$2.3 million, compared to$2.4 millionin the same period of 2021.
  • Operating Results for the Nine Months EndedSeptember 30, 2022:
    Revenues for the nine months ended Sept 30, 2022were$4.6 million, compared to$4.9 millionin the same period 2021.
  • ADM Endeavors, through its wholly owned subsidiary, Just Right Products, Inc., is a promotional product distributor and proud member of the Advertising Specialty Institute.

Progyny Raises 2022 Financial Guidance

Retrieved on: 
Monday, November 28, 2022

Progyny (Nasdaq:PGNY)is a leadingfertilitybenefits management company.We areredefining fertility and family building benefits, proving that a comprehensive and inclusive solution can simultaneously benefit employers, patients, and physicians.

Key Points: 
  • Progyny (Nasdaq:PGNY)is a leadingfertilitybenefits management company.We areredefining fertility and family building benefits, proving that a comprehensive and inclusive solution can simultaneously benefit employers, patients, and physicians.
  • Headquartered in New York City, Progyny has been recognized for its leadership and growth by CNBC Disruptor50, Modern Healthcares Best Places to Work in Healthcare, Financial Times, INC. 5000, and Crains Fast 50 for NYC.For more information, visit www.progyny.com .
  • In addition to disclosing financial measures prepared in accordance with GAAP, this press release includes the non-GAAP financial measure Adjusted EBITDA.
  • Please see Reconciliation of Non-GAAP Financial Guidance for the Three Months Ending December 31, 2022 and Year Ending December 31, 2022 elsewhere in this press release.