PARSIPPANY

embecta Announces Quarterly Cash Dividend

Retrieved on: 
Thursday, May 9, 2024

PARSIPPANY, N.J., May 09, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Embecta Corp. (“embecta”) (Nasdaq: EMBC) has declared a quarterly cash dividend of $0.15 for each issued and outstanding share of the Company’s common stock.

Key Points: 
  • PARSIPPANY, N.J., May 09, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Embecta Corp. (“embecta”) (Nasdaq: EMBC) has declared a quarterly cash dividend of $0.15 for each issued and outstanding share of the Company’s common stock.
  • The dividend is payable on June 14, 2024 to stockholders of record at the close of business on May 28, 2024.

Pacira BioSciences, Inc. Announces Proposed Offering of $250.0 Million Aggregate Principal Amount of Convertible Senior Notes

Retrieved on: 
Wednesday, May 8, 2024

Pacira also intends to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $37.5 million aggregate principal amount of notes.

Key Points: 
  • Pacira also intends to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $37.5 million aggregate principal amount of notes.
  • The terms of the notes, including the interest rate, initial conversion rate and other terms, will be determined by negotiations between Pacira and the initial purchasers of the notes.
  • Pacira intends to use the remainder of the net proceeds from the offering for general corporate purposes, including working capital, and research and development expenditures.
  • These activities may affect the trading price of Pacira common stock and, if conducted concurrently with this offering, may result in a higher initial conversion price for the notes Pacira is offering.

Pacira BioSciences Reports First Quarter 2024 Financial Results and Announces $150 Million Share Repurchase program

Retrieved on: 
Tuesday, May 7, 2024

TAMPA, Fla., May 07, 2024 (GLOBE NEWSWIRE) -- Pacira BioSciences, Inc. (Nasdaq: PCRX), the industry leader in its commitment to non-opioid pain management and regenerative health solutions, today reported financial results for the first quarter of 2024.

Key Points: 
  • The company expects to fund the share repurchase program using a combination of existing cash reserves and future cash flows.
  • Total revenues were $167.1 million in the first quarter of 2024, versus $160.3 million reported for the first quarter of 2023.
  • First quarter 2024 iovera° net product sales were $5.0 million, versus $4.0 million reported for the first quarter of 2023.
  • Adjusted EBITDA was $44.6 million in the first quarter of 2024, compared to $41.9 million in the first quarter of 2023.

Pacira BioSciences to Participate in Fireside Chat at the 2024 RBC Capital Markets Global Healthcare Conference

Retrieved on: 
Tuesday, May 7, 2024

TAMPA, Fla., May 07, 2024 (GLOBE NEWSWIRE) -- Pacira BioSciences, Inc. (NASDAQ: PCRX) today announced that it will participate in an analyst-led fireside chat at the 2024 RBC Capital Markets Global Healthcare Conference at 10:30 AM ET on Tuesday, May 14, 2024 in New York.

Key Points: 
  • TAMPA, Fla., May 07, 2024 (GLOBE NEWSWIRE) -- Pacira BioSciences, Inc. (NASDAQ: PCRX) today announced that it will participate in an analyst-led fireside chat at the 2024 RBC Capital Markets Global Healthcare Conference at 10:30 AM ET on Tuesday, May 14, 2024 in New York.
  • Live audio of the event can be accessed by visiting the “Events” page of the company’s website at investor.pacira.com .
  • A replay of the webcast will also be available for two weeks following the event.

Lincoln Educational Services Corporation Announces Extension of Share Buyback Program

Retrieved on: 
Tuesday, May 7, 2024

PARSIPPANY, N.J., May 07, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ: LINC) today announced that its Board of Directors has authorized extension of its share repurchase program for an additional twelve months through May 24, 2025.

Key Points: 
  • PARSIPPANY, N.J., May 07, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ: LINC) today announced that its Board of Directors has authorized extension of its share repurchase program for an additional twelve months through May 24, 2025.
  • The repurchase program was initially authorized for twelve months and has since been extended and increased to $40 million.
  • The Company retains the right to limit, terminate or extend the share repurchase program at any time without prior notice.
  • “This share buyback program demonstrates our thoughtful capital allocation strategy to enhance our franchise value for the long term.

Lincoln Educational Services Reports Continued Growth During First Quarter 2024, with 15% Student Starts and 20% Revenue Growth; Increasing Financial Guidance for Full Year 2024

Retrieved on: 
Monday, May 6, 2024

“We had an exceptionally strong start to 2024 and the momentum generated during the first quarter has continued,” commented Scott Shaw, President & CEO.

Key Points: 
  • “We had an exceptionally strong start to 2024 and the momentum generated during the first quarter has continued,” commented Scott Shaw, President & CEO.
  • Lincoln is capitalizing on these market dynamics by providing innovative efficient student curricula that provides opportunity to a growing number of graduates to enter rewarding, in-demand careers.
  • During the first quarter, the successful execution of our strategies resulted in just over 15% student start growth and nearly 20% revenue growth.
  • “We generated nearly 20% higher revenue, while at the same time decreasing instructional costs as a percentage of revenue.

Lincoln Educational Services Corporation Schedules First Quarter Earnings Release and Conference Call

Retrieved on: 
Thursday, April 25, 2024

PARSIPPANY, N.J., April 25, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) (“Lincoln”) announced today that it will host a conference call to discuss its first quarter financial results on Monday, May 6, 2024 at 10:00 a.m. Eastern time.

Key Points: 
  • PARSIPPANY, N.J., April 25, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) (“Lincoln”) announced today that it will host a conference call to discuss its first quarter financial results on Monday, May 6, 2024 at 10:00 a.m. Eastern time.
  • A news release outlining Lincoln’s results will be issued before 9:30 a.m. Eastern time on that day.
  • To access the live webcast of the conference call, please go to the investor relations section of Lincoln’s website at http://www.lincolntech.edu .
  • Participants may also register via teleconference at: Q1 2024 Lincoln Educational Services Earnings Conference Call .

embecta to Report Fiscal Second Quarter 2024 Financial Results

Retrieved on: 
Tuesday, April 23, 2024

PARSIPPANY, N.J., April 23, 2024 (GLOBE NEWSWIRE) -- Embecta Corp. (“embecta”) (Nasdaq: EMBC), a global diabetes care company with a 100-year legacy in insulin delivery, will host a conference call to discuss its fiscal second quarter 2024 financial results, provide an operational update, and host a question and answer session, at 8:00 a.m. Eastern Time (ET) on Thursday, May 9, 2024.

Key Points: 
  • PARSIPPANY, N.J., April 23, 2024 (GLOBE NEWSWIRE) -- Embecta Corp. (“embecta”) (Nasdaq: EMBC), a global diabetes care company with a 100-year legacy in insulin delivery, will host a conference call to discuss its fiscal second quarter 2024 financial results, provide an operational update, and host a question and answer session, at 8:00 a.m. Eastern Time (ET) on Thursday, May 9, 2024.
  • A webcast replay of the call will be available beginning at 11:00 a.m.
  • ET on May 9, 2024, via the embecta investor relations website and archived on the website for one year.

Avis Budget Group to Announce First Quarter 2024 Results on May 1st

Retrieved on: 
Friday, April 19, 2024

PARSIPPANY, N.J., April 19, 2024 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its first quarter 2024 results after the market close on Wednesday, May 1st, 2024, and to host a conference call for institutional investors to discuss these results on Thursday, May 2nd, 2024 at 8:30 a.m. Eastern time.

Key Points: 
  • PARSIPPANY, N.J., April 19, 2024 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its first quarter 2024 results after the market close on Wednesday, May 1st, 2024, and to host a conference call for institutional investors to discuss these results on Thursday, May 2nd, 2024 at 8:30 a.m. Eastern time.
  • Investors may access the call at ir.avisbudgetgroup.com, or by dialing (877)-407-2991.
  • Investors are encouraged to dial in approximately 10 minutes prior to the call.
  • A telephone replay will be available from 11:00 a.m. Eastern time on May 2nd, 2024, until 10:00 p.m. on May 16th at (877)-660-6853 using conference code 13743680.