Margin

Mobileye Releases First Quarter 2024 Results and Provides Business Overview

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Giovedì, Aprile 25, 2024

Given our expectation that volumes and revenue will normalize over the course of 2024 we would expect all these metrics to improve significantly as compared to the first quarter of 2024.

Key Points: 
  • Given our expectation that volumes and revenue will normalize over the course of 2024 we would expect all these metrics to improve significantly as compared to the first quarter of 2024.
  • Gross Margin declined by nearly 23 percentage points in the first quarter of 2024 as compared to the prior year period.
  • Adjusted Gross Margin declined by nearly 9 percentage points in the first quarter of 2024 as compared to the prior year period.
  • Operating Margin declined to a negative margin in the first quarter of 2024 as compared to the prior year period.

PROFITS FOR U.S. HOME SELLERS DECLINE AGAIN IN FIRST QUARTER OF 2024 AS PRICES FALL

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Giovedì, Aprile 25, 2024

IRVINE, Calif., April 25, 2024 /PRNewswire/ -- ATTOM, a leading curator of land, property, and real estate data, today released its first-quarter 2024 U.S. Home Sales Report, which shows that profit margins on median-priced single-family home and condo sales in the United States decreased to 55.3 percent in the first quarter – the smallest level in more than two years.

Key Points: 
  • At the same time, investment returns for sellers decreased for the second straight quarter after several increases last year, hitting the low point since mid-2021.
  • The drop-off in prices and profits comes as a mix of powerful forces is putting both upward and downward pressure on the U.S. housing market.
  • The longest 40 average tenures among sellers in the first quarter of 2024 were again in the Northeast or West regions of the U.S.
  • Nationwide, all-cash purchases accounted for 41.1 percent of single-family home and condo sales in the first quarter of 2024.

Dynagas LNG Partners LP Declares Cash Distribution on Its Series B Preferred Units

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Giovedì, Febbraio 1, 2024

ATHENS, Greece, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (the “Partnership”) (NYSE: DLNG), an owner and operator of liquefied natural gas (“LNG”) carriers, today announced that its Board of Directors has declared a cash distribution of $0.71764025 per unit on its Series B Fixed to Floating Cumulative Redeemable Perpetual Preferred Units (the “Series B Preferred Units”) (NYSE: DLNG PR B) for the period from and including November 22, 2023 to and including February 21, 2024 (the “Distribution Period”).

Key Points: 
  • ATHENS, Greece, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Dynagas LNG Partners LP (the “Partnership”) (NYSE: DLNG), an owner and operator of liquefied natural gas (“LNG”) carriers, today announced that its Board of Directors has declared a cash distribution of $0.71764025 per unit on its Series B Fixed to Floating Cumulative Redeemable Perpetual Preferred Units (the “Series B Preferred Units”) (NYSE: DLNG PR B) for the period from and including November 22, 2023 to and including February 21, 2024 (the “Distribution Period”).
  • The applicable distribution rate for each distribution period is determined every three months by the calculation agent for the Series B Preferred Units.
  • This is the twenty-first sequential cash distribution on the Series B Preferred Units since they began trading on the NYSE.
  • The Partnership has 2,200,000 Series B Preferred Units outstanding as of the date of this press release.

U.S. HOME-SELLER PROFITS CONTINUE RISING AS HOME VALUES HIT NEW HIGHS IN THIRD QUARTER

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Giovedì, Ottobre 19, 2023

IRVINE, Calif., Oct. 19, 2023 /PRNewswire/ -- ATTOM, a leading curator of land, property and real estate data, today released its third-quarter 2023 U.S. Home Sales Report, which shows that profit margins on median-priced single-family home and condo sales in the United States increased to 59 percent in the third quarter – the second straight quarterly increase following several declines.

Key Points: 
  • Gross profits on typical single-family home and condo sales across the country also went up during the third quarter of 2023.
  • Both measures improved over the Summer as the supply of homes for sale in the U.S. remained historically low.
  • But mortgage rates started increasing again in the third quarter, rising toward an average of 8 percent for 30-year fixed loan following a stable second quarter.
  • Home prices tied or hit new highs during the third quarter of 2023 in 86, or 55 percent, of the 155 metro areas in the report.

HashCash Offers Its White-Label Crypto Exchange Services to India-Based Global Enterprise

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Sabato, Settembre 16, 2023

PALO ALTO, Calif., Sept. 16, 2023 /PRNewswire-PRWeb/ -- The US-based global blockchain development company, HashCash Consultants has received several awards for its top-notch white label crypto exchange software underpinned by state-of-the-art blockchain technology. The advanced software solution is utilized by several leading financial institutions around the world. Collaborating with financial enterprises worldwide, HashCash consultants are bringing new strategies and contributing to the growing crypto industry. Recently, the company joined hands with an India-based global enterprise to provide its white-label crypto exchange solution.

Key Points: 
  • The global blockchain development company, HashCash Consultants offers its white-label crypto exchange solution to an India-based global enterprise.
  • Recently, the company joined hands with an India-based global enterprise to provide its white-label crypto exchange solution.
  • India is an evolving country, and with the recent growth in crypto adoption, it is a step ahead in becoming the next global crypto hub.
  • The collaboration between HashCash Consultants and the India-based global enterprise is a significant step towards the growth and adoption of cryptocurrencies in India.

Pitney Bowes Finds 66% of College Students Wished They Had More Secure Package Delivery

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Giovedì, Settembre 14, 2023

According to the study, 54% of students reported having a package lost, stolen, or delayed because it was misplaced.

Key Points: 
  • According to the study, 54% of students reported having a package lost, stolen, or delayed because it was misplaced.
  • About 2 out of 5 students had a package delivered to campus that was lost or stolen, and 1 in 3 students have experienced a delay because the package was misplaced.
  • Overall, 66% of students wished they had a more secure means for package delivery.
  • Contactless delivery: Smart locker solutions offer convenient, contactless package delivery and pickup, ensuring the safety of both staff and recipients.

PROFITS ON HOME SALES REBOUND ACROSS U.S. IN SECOND QUARTER OF 2023 AS HOUSING MARKET REVIVES

Retrieved on: 
Giovedì, Luglio 20, 2023

IRVINE, Calif., July 20, 2023 /PRNewswire/ -- ATTOM, a leading curator of land, property, and real estate data, today released its second-quarter 2023 U.S. Home Sales Report, which shows that profit margins on median-priced single-family home and condo sales in the United States increased to 47.7 percent in the second quarter – the first gain in a year.

Key Points: 
  • Gross profits also shot up from the first to the second quarter of 2023.
  • The about-face in profits and prices around the U.S. during the second quarter reflected a housing market in flux.
  • Prices and profits went back up in the second quarter during the start of the annual buying season, helped along by several forces.
  • Metro areas were included if they had sufficient population and at least 1,000 single-family home and condo sales in the second quarter of 2023.

EQS-News: Blue Cap AG: Annual General Meeting approves dividend of 0.90 euros per share

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Venerdì, Giugno 23, 2023

Munich, 23 June 2023 – At the Annual General Meeting that has just ended today, the shareholders of Blue Cap AG (“Blue Cap”) approved all of the proposed resolutions submitted by the Supervisory Board and the Executive Board by a very clear majority.

Key Points: 
  • Munich, 23 June 2023 – At the Annual General Meeting that has just ended today, the shareholders of Blue Cap AG (“Blue Cap”) approved all of the proposed resolutions submitted by the Supervisory Board and the Executive Board by a very clear majority.
  • At the Annual General Meeting 2023, around 78 % of the voting share capital was represented.
  • One of the items on the agenda was the dividend proposal by the Executive Board and the Supervisory Board of 0.90 euros per share.
  • With this dividend payout, Blue Cap AG is continuing its stable and sustainable dividend policy despite the uncertain economic and geopolitical times.

U.S. HOME-SELLERS EXPERIENCE FURTHER DECLINE IN PROFITS IN Q1 2023

Retrieved on: 
Giovedì, Aprile 27, 2023

IRVINE, Calif., April 27, 2023 /PRNewswire/ -- ATTOM, a leading curator of land, property, and real estate data, today released its first-quarter 2023 U.S. Home Sales Report, which shows that profit margins on median-priced single-family home and condo sales across the United States decreased to 44.2 percent as home prices stayed flat or kept declining around most of the nation.

Key Points: 
  • The typical investment return nationwide did remain high in the first quarter – almost double where it stood four years ago.
  • "Homeowners are starting to take a significant hit in the form of lost profits from the recent market slowdown.
  • That's a striking reversal of what we saw for a decade," said Rob Barber, chief executive officer for ATTOM.
  • "It is possible that the upcoming peak buying season of 2023 could lead to increased profits, owing to favorable mortgage rates and other factors.

HOME-SELLER PROFITS DROP ACROSS U.S. IN THIRD QUARTER AS HOUSING MARKET BOOM EASES

Retrieved on: 
Giovedì, Ottobre 20, 2022

IRVINE, Calif., Oct. 20, 2022 /PRNewswire/ -- ATTOM, a leading curator of real estate data nationwide for land and property data, today released its third-quarter 2022 U.S. Home Sales Report, which shows that profit margins on median-priced single-family home and condo sales across the United States decreased to 54.6 percent as home prices declined for the first time in almost three years.

Key Points: 
  • The third-quarter reversal also represented the first time since 2010 that seller returns went down from a second quarter to a third quarter period.
  • Gross profits also decreased from the second quarter to the third quarter of 2022, dropping 6 percent on the typical single-family home and condo sale across the country to $120,100.
  • The third-quarter profit and price trends emerged amid growing headwinds that threaten to end or significantly cool down the nation's decade-long housing market boom.
  • "If the Federal Reserve's objective was to slow down the housing market, it has succeeded spectacularly," noted Sharga.