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FLINT Announces First Quarter 2024 Financial Results

Retrieved on: 
Thursday, May 2, 2024

Gross profit margin for three months ended March 31, 2024 was 8.9%, which was consistent with the same period in 2023.

Key Points: 
  • Gross profit margin for three months ended March 31, 2024 was 8.9%, which was consistent with the same period in 2023.
  • For the three months ended March 31, 2024, Adjusted EBITDAS was $3,188 compared to $5,444 for the same period in 2023.
  • As a percentage of revenue, Adjusted EBITDAS was 2.2% for the three months ended March 31, 2024 compared to 3.6% for the same period in 2023.
  • Our unaudited condensed consolidated interim financial statements for the three months ended March 31, 2024 and the related Management's Discussion and Analysis of the operating and financial results can be accessed on our website at www.flintcorp.com and will be available shortly through SEDAR+ at www.sedarplus.ca .

Pulse Seismic Inc. Reports Q1 2024 Results and Increases Regular Dividend

Retrieved on: 
Thursday, April 25, 2024

EBITDA per share is defined as EBITDA divided by the weighted average number of shares outstanding for the period.

Key Points: 
  • EBITDA per share is defined as EBITDA divided by the weighted average number of shares outstanding for the period.
  • Pulse is a market leader in the acquisition, marketing and licensing of 2D and 3D seismic data to the western Canadian energy sector.
  • Pulse owns the largest licensable seismic data library in Canada, currently consisting of approximately 65,310 square kilometres of 3D seismic and 829,207 kilometres of 2D seismic.
  • Pulse does not publish specific financial goals or otherwise provide guidance, due to the inherently poor visibility of seismic revenue.

Rogers Communications Reports First Quarter 2024 Results

Retrieved on: 
Wednesday, April 24, 2024

Consolidated adjusted EBITDA increased 34% this quarter and our adjusted EBITDA margin increased by 210 basis points, as a result of improving synergies and efficiencies.

Key Points: 
  • Consolidated adjusted EBITDA increased 34% this quarter and our adjusted EBITDA margin increased by 210 basis points, as a result of improving synergies and efficiencies.
  • We also returned $265 million in dividends to shareholders this quarter and we declared a $0.50 per share dividend on April 23, 2024.
  • See "Non-GAAP and Other Financial Measures" in our Q1 2024 MD&A for more information about this measure, available at www.sedarplus.ca.
  • See "Financial Condition" in our Q1 2024 MD&A for a reconciliation of available liquidity.

Aurinia Pharmaceuticals Reports First Quarter 2024 Financial and Operational Results

Retrieved on: 
Thursday, May 2, 2024

Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH) (Aurinia or the Company) today issued its financial results for the first quarter ended March 31, 2024.

Key Points: 
  • Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH) (Aurinia or the Company) today issued its financial results for the first quarter ended March 31, 2024.
  • Aurinia rapidly completed its corporate restructuring in the first quarter, reducing employee headcount by approximately 25%.
  • Financial Results for the Three Months Ended March 31, 2024
    Total net revenue was $50.3 million and $34.4 million for the three months ended March 31, 2024 and March 31, 2023, respectively.
  • Aurinia will host a conference call and webcast to discuss the quarter ended March 31, 2024 financial results today, Thursday, May 2, 2024 at 8:30 a.m.

Fulton Financial Corporation Acquires Substantially All of the Assets and Assumes Substantially All of the Deposits of Republic First Bank From the FDIC

Retrieved on: 
Saturday, April 27, 2024

Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced that its bank subsidiary, Fulton Bank, N.A.

Key Points: 
  • Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced that its bank subsidiary, Fulton Bank, N.A.
  • (“Fulton”), has acquired substantially all of the assets and assumed substantially all of the deposits of Republic First Bank, doing business as Republic Bank (“Republic Bank”), from the Federal Deposit Insurance Corporation (the “FDIC”).
  • Republic Bank depositors will become Fulton depositors and do not need to change their banking relationship to retain their federally insured deposit insurance coverage.
  • Beginning as early as tomorrow, former Republic Bank financial centers will reopen as Fulton with their regularly scheduled operating hours.

Deloitte Launches New GenAI Platform for Government With Google Public Sector

Retrieved on: 
Tuesday, April 30, 2024

ARLINGTON, Va., April 30, 2024 /PRNewswire/ -- Deloitte, in collaboration with Google Public Sector, today unveiled the Elevating Digital Government Experiences (EDGE) platform, a next-generation solution powered by Google Cloud generative AI that helps government agencies enhance the delivery of timely information and services to the people they serve.

Key Points: 
  • "We're proud to collaborate with Google Public Sector to bring this revolutionary tool to our clients," said Jason Salzetti, principal, Deloitte Consulting LLP and Deloitte's government and public services industry leader.
  • "Meeting the demand of constituent needs is becoming increasingly more complex," said Karen Dahut, CEO of Google Public Sector.
  • Deloitte and Google Cloud have a longstanding alliance helping business and public sector organizations fundamentally improve how they operate.
  • In 2023, Deloitte was the Google Cloud Global Partner of the Year for Public Sector.

Uown Leasing Taps Skit.ai's Multichannel Conversational AI Solution to Scale Collection Operations

Retrieved on: 
Tuesday, April 30, 2024

NEW YORK, April 30, 2024 /PRNewswire/ -- Skit.ai, the leading provider of Conversational AI solutions for the accounts receivables industry, announced today its partnership with Uown Leasing, a Florida-based provider of lease-to-own, flexible payment solutions for consumer products.

Key Points: 
  • After implementing Skit.ai's solution, the company experienced a significant surge in self-serve consumer payments directed through its online payment portal, facilitated by the AI solution.
  • Sourabh Gupta, Founder and CEO of Skit.ai, said, "Skit.ai's multichannel Conversational AI solution engages consumers via their preferred mode of communication, exposing them to different ways to make payments and resolve queries.
  • Uown Leasing reported that over 50% of live agent transfers performed by the AI solution convert into payments.
  • Over 70 businesses across the U.S., both large and small, have already adopted Skit.ai's multichannel AI solution to streamline their recovery strategy and customer service.

Theratechnologies Reports Financial Results and Provides Business Update for First Quarter 2024

Retrieved on: 
Wednesday, April 10, 2024

For the first quarter of Fiscal 2024, sales of EGRIFTA SV® reached $9,586,000 compared to $12,711,000 in the first quarter of the prior year, representing a decrease of 24.6%.

Key Points: 
  • For the first quarter of Fiscal 2024, sales of EGRIFTA SV® reached $9,586,000 compared to $12,711,000 in the first quarter of the prior year, representing a decrease of 24.6%.
  • EGRIFTA SV® sales were also impacted by larger government rebates and returns in the first quarter of fiscal 2024.
  • In the first quarter of Fiscal 2024, Trogarzo® sales amounted to $6,661,000 compared to $7,197,000 for the same quarter of 2023, representing a decrease of 7.4%.
  • Adjusted EBITDA was $(247,000) for the first quarter of fiscal 2024 compared to $(3,892,000) for the same period of 2023.

Dorian LPG Ltd. Declares Irregular Cash Dividend of $1.00 Per Share

Retrieved on: 
Thursday, April 25, 2024

Dorian LPG Ltd. (NYSE: LPG) (the “Company,” “Dorian LPG,” “we,” “us,” and “our”), today announced that its Board of Directors has declared an irregular cash dividend of $1.00 per share of the Company’s common stock.

Key Points: 
  • Dorian LPG Ltd. (NYSE: LPG) (the “Company,” “Dorian LPG,” “we,” “us,” and “our”), today announced that its Board of Directors has declared an irregular cash dividend of $1.00 per share of the Company’s common stock.
  • The dividend is payable on or about May 30, 2024 to all shareholders of record as of the close of business on May 8, 2024.
  • The cash dividend referenced in this release is an irregular dividend.
  • The Company does not assume any obligation to update the information contained in this press release.

Healthpeak Properties Reports First Quarter 2024 Results and Declares Quarterly Cash Dividend on Common Stock

Retrieved on: 
Thursday, April 25, 2024

Healthpeak now forecasts year one merger-related synergies of $45 million, an increase of $5 million compared to the prior estimate.

Key Points: 
  • Healthpeak now forecasts year one merger-related synergies of $45 million, an increase of $5 million compared to the prior estimate.
  • The enhanced amenity offering, improved connectivity, and significantly lower tenant operating costs relative to new construction, provide Healthpeak a competitive leasing advantage.
  • Poway R&D Portfolio: In April 2024, Healthpeak sold a portfolio of seven buildings in the Poway submarket of San Diego for $180 million.
  • On April 24, 2024, Healthpeak's Board declared a quarterly common stock cash dividend of $0.30 per share to be paid on May 17, 2024, to stockholders of record as of the close of business on May 6, 2024.