Reliance

Reliance, Inc. to Announce First Quarter 2024 Results on Thursday, April 25ᵗʰ

Retrieved on: 
Donnerstag, April 11, 2024

SCOTTSDALE, Ariz., April 11, 2024 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE:RS) announced today that it will report first quarter 2024 financial results for the period ended March 31, 2024, on Thursday, April 25, 2024, at 6:50 a.m. Eastern Time.

Key Points: 
  • SCOTTSDALE, Ariz., April 11, 2024 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE:RS) announced today that it will report first quarter 2024 financial results for the period ended March 31, 2024, on Thursday, April 25, 2024, at 6:50 a.m. Eastern Time.
  • Reliance management will host a conference call that same day at 11:00 a.m. Eastern Time.
  • The call will be broadcast live over the Internet hosted on the Investors section of the Company's website at reliance.com .

Reliance Global Group’s Revenue Grows by 17% and 40% in 2023 Compared to 2022 and 2021, respectively

Retrieved on: 
Donnerstag, April 4, 2024

LAKEWOOD, N.J., April 04, 2024 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”) today provided a business update and reported financial results for the year ended December 31, 2023.

Key Points: 
  • “We are pleased to report 17% and 40% year-over-year increases in revenue for 2023 compared to 2022 and 2021, respectively,” commented Ezra Beyman, Chairman and Chief Executive Officer of Reliance Global Group.
  • Commission expense increased by $592,000, or 19%, to $3.7 million in 2023, compared to $3.1 million in 2022, driven primarily by the Company’s increased commission income revenues.
  • Net loss was $12.0 million in 2023, compared to net income of $6.5 million in 2022.
  • Working capital increased by $5.8 million, or 126%, to $1.2 million in 2023, compared to negative working capital of $4.6 million in 2022.

Reliance, Inc. Announces Participation at the BMO Global Metals, Mining & Critical Minerals Conference

Retrieved on: 
Dienstag, Februar 20, 2024

SCOTTSDALE, Ariz., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE: RS) announced today that Karla Lewis, President and Chief Executive Officer, Arthur Ajemyan, Senior Vice President and Chief Financial Officer, and Stephen Koch, Executive Vice President and Chief Operating Officer, will participate in the BMO Global Metals, Mining & Critical Minerals Conference on Tuesday, February 27 and Wednesday, February 28, 2024 in Hollywood, Florida.

Key Points: 
  • SCOTTSDALE, Ariz., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE: RS) announced today that Karla Lewis, President and Chief Executive Officer, Arthur Ajemyan, Senior Vice President and Chief Financial Officer, and Stephen Koch, Executive Vice President and Chief Operating Officer, will participate in the BMO Global Metals, Mining & Critical Minerals Conference on Tuesday, February 27 and Wednesday, February 28, 2024 in Hollywood, Florida.
  • Reliance is scheduled to present on Wednesday, February 28 at 8:30 a.m.
  • The presentation will be webcast live over the Internet, hosted on the Investors section of the Company's website at investor.reliance.com .
  • In addition to the live webcast, a replay will be available on the Company’s website for 90 days following the event.

Reliance Steel & Aluminum Co. to Announce Fourth Quarter and Full Year 2023 Results on Thursday, February 15th

Retrieved on: 
Donnerstag, Februar 1, 2024

SCOTTSDALE, Ariz., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE:RS) announced today that it will report fourth quarter and full year 2023 financial results for the period ended December 31, 2023, on Thursday, February 15, 2024, at 6:50 a.m. Eastern Time.

Key Points: 
  • SCOTTSDALE, Ariz., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE:RS) announced today that it will report fourth quarter and full year 2023 financial results for the period ended December 31, 2023, on Thursday, February 15, 2024, at 6:50 a.m. Eastern Time.
  • Reliance management will host a conference call that same day at 11:00 a.m. Eastern Time.
  • The call will be broadcast live over the Internet hosted on the Investors section of the Company's website at www.rsac.com .

5 New Authorized Dealers Signed by AITX’s Subsidiary Robotic Assistance Devices

Retrieved on: 
Donnerstag, Dezember 14, 2023

Detroit, Michigan, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the “Company”) ( OTCPK:AITX ), a global leader in AI-driven security and productivity solutions for enterprise clients along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced the signing of 5 new authorized dealers.

Key Points: 
  • Detroit, Michigan, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the “Company”) ( OTCPK:AITX ), a global leader in AI-driven security and productivity solutions for enterprise clients along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced the signing of 5 new authorized dealers.
  • IT Installs , located in Sarasota, Florida provides nationwide installation services for all types of IT and security services equipment.
  • When it comes to demonstrating RAD solutions to clients and prospects, RAD authorized dealers must obtain a demonstration unit.
  • AITX, through its subsidiary, Robotic Assistance Devices , Inc. (RAD), is redefining the $25 billion (US) security and guarding services industry through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model.

Reliance Global Group Embraces 'OneFirm' Approach for Future Growth

Retrieved on: 
Donnerstag, November 16, 2023

Anticipated Benefits Include Enhanced Efficiencies, Cross Talent Utilization, and Cross-Selling

Key Points: 
  • Anticipated Benefits Include Enhanced Efficiencies, Cross Talent Utilization, and Cross-Selling
    LAKEWOOD, NJ, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), today formally announces its OneFirm vision and branding consolidation under the RELI Exchange umbrella.
  • Ezra Beyman, CEO of Reliance, commented, "As we continue to grow, the Company is furthering its ‘OneFirm’ approach which brings together Reliance Global Group’s individual agencies under the single umbrella of RELI Exchange.
  • We're confident this move will bring substantial benefits and efficiencies to our agents, their clients, our investors, and the Company.
  • OneFirm is expected to significantly enhance the Company's market presence across the U.S., as Reliance Global Group’s agencies will operate under the unified brand of RELI Exchange across all business lines and all markets.

Reliance Global Group’s Revenue Grows by 16% for the Third Quarter of 2023

Retrieved on: 
Montag, November 13, 2023

LAKEWOOD, NJ, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), today provided a business update and reported financial results for the third quarter and nine months ended September 30, 2023.

Key Points: 
  • LAKEWOOD, NJ, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), today provided a business update and reported financial results for the third quarter and nine months ended September 30, 2023.
  • Ezra Beyman, CEO of Reliance, commented, "We are pleased to report a 16% and 19% year-over-year increase in revenue for the third quarter and first nine months of 2023 respectively.
  • This growth primarily stems from the organic expansion of our business, bolstered by our acquisition of Barra Associates in April 2022.
  • Additionally, our working capital has increased by $5.4 million, or 117%, for the nine-month period ended, and as of September 30, 2023.

KBRA Assigns an A+ Rating to the State of Louisiana Economic Damages Revenue Bonds [LA 1/LA 415 Connector Project]; Affirms Rating for Parity Debt; Outlook is Stable

Retrieved on: 
Mittwoch, November 22, 2023

KBRA assigns a long-term rating of A+ to the State of Louisiana Economic Damages Revenue Bonds [LA 1/LA 415 Connector Project] (TIFIA), with a final maturity of September 1, 2033, and at the same time affirms the long-term rating of A+ for parity debt.

Key Points: 
  • KBRA assigns a long-term rating of A+ to the State of Louisiana Economic Damages Revenue Bonds [LA 1/LA 415 Connector Project] (TIFIA), with a final maturity of September 1, 2033, and at the same time affirms the long-term rating of A+ for parity debt.
  • The long-term rating reflects the business and financial risk profile of BP p.l.c.
  • (“BP”, the “Company”), and the payment of Deepwater Horizon Economic Damages proceeds (“Damages”) by BP Exploration & Production Inc. (“BPXP”).
  • Such Damages secure debt service on the State of Louisiana (“the State”) Deepwater Horizon Economic Damages Revenue Bonds and TIFIA Loans (the “Bonds”; TIFIA is the “Transportation Infrastructure Finance and Innovation Act of 1998”).

Global Fashion Ecommerce Market Worth US$ 1,626.97 Billion by 2030 - Exclusive Report by CoherentMI

Retrieved on: 
Montag, Dezember 11, 2023

The global fashion ecommerce market is anticipated to witness high growth due to the increasing popularity of online shopping and the convenience it offers to consumers.

Key Points: 
  • The global fashion ecommerce market is anticipated to witness high growth due to the increasing popularity of online shopping and the convenience it offers to consumers.
  • Another driver for the growth of the Fashion Ecommerce Market is the growing trend of customization and personalization.
  • One of the key trends in the Fashion Ecommerce Market is the integration of augmented reality (AR) and virtual reality (VR) technologies.
  • With the increasing penetration of internet and smartphones, the global fashion ecommerce market is witnessing significant growth.

Global Fashion Ecommerce Market Worth US$ 1,626.97 Billion by 2030 - Exclusive Report by CoherentMI

Retrieved on: 
Montag, Dezember 11, 2023

The global fashion ecommerce market is anticipated to witness high growth due to the increasing popularity of online shopping and the convenience it offers to consumers.

Key Points: 
  • The global fashion ecommerce market is anticipated to witness high growth due to the increasing popularity of online shopping and the convenience it offers to consumers.
  • Another driver for the growth of the Fashion Ecommerce Market is the growing trend of customization and personalization.
  • One of the key trends in the Fashion Ecommerce Market is the integration of augmented reality (AR) and virtual reality (VR) technologies.
  • With the increasing penetration of internet and smartphones, the global fashion ecommerce market is witnessing significant growth.