Partial return reverse swap

FutureFuel Releases Third Quarter 2023 Results

Retrieved on: 
Giovedì, Novembre 9, 2023
Acquisition, Consolidated, Partial return reverse swap, Adjustment, Three (TV channel), Bookkeeping

Consolidated sales revenue in the three and nine months ended September 30, 2023 decreased $1,389 and $1,957 compared to the three and nine months ended September 30, 2022, respectively.

Key Points: 
  • Consolidated sales revenue in the three and nine months ended September 30, 2023 decreased $1,389 and $1,957 compared to the three and nine months ended September 30, 2022, respectively.
  • In 2023, biodiesel prices fell in the first half of the year and then rose in the third quarter.
  • This generated derivative gains for the first half of the year and now mark-to-market losses in the third quarter against committed sales in the fourth quarter.
  • Working capital was $235,088 as of September 30, 2023, an increase of $17,410 from December 31, 2022.

Nanalysis Reports Third Quarter 2023 Results

Retrieved on: 
Mercoledì, Novembre 29, 2023
EBITDA, Party, Pressure, Research, The Company, NMR, Sime, Security, CATSA, FRA, NSCI, AB, Marketing, QUAD, Airport, Mumbai High Field, Security Service, Growth, MRI, Partial return reverse swap, Government, Cryptocurrency, Video game, Clothing, Q2, Nanalysis, Q3, Countertop

CALGARY, AB, Nov. 29, 2023 /PRNewswire/ - Nanalysis Scientific Corp. ("the Company") (TSXV: NSCI) (OTCQX: NSCIF) (FRA: 1N1), a leader in portable NMR machines and MRI technology for industrial and research applications, releases its third quarter results ending September 30, 2023.

Key Points: 
  • CALGARY, AB, Nov. 29, 2023 /PRNewswire/ - Nanalysis Scientific Corp. ("the Company") (TSXV: NSCI) (OTCQX: NSCIF) (FRA: 1N1), a leader in portable NMR machines and MRI technology for industrial and research applications, releases its third quarter results ending September 30, 2023.
  • "We had a good third quarter with continued strength in Security Services and we are encouraged by the results we are seeing in Benchtop Sales NMR with a 61% improvement sequentially over Q2, 2023," said Sean Krakiwsky Founder and CEO of Nanalysis.
  • Gross profit margins on product sales were 43% for the three months ended September 30, 2023.
  • There was continued training for the CATSA project that began in the first quarter of 2023, resulting in net training expenses of $689K for the three months ending September 30, 2023, and $2,580K for the nine months ending September 30, 2023 .

Ring Energy Announces Third Quarter 2023 Results and Updates Fourth Quarter 2023 Guidance

Retrieved on: 
Giovedì, Novembre 2, 2023
Valorem, GTP, Sale, NYSE, Ring, Public expenditure, EBITDA, G&A, Transport, GAAP, Acquisition, Maintenance, Partial return reverse swap, Atlas, Environment, NWS, Balance sheet, LOE, CBP, Capital expenditure, REI, Depreciation, Borrowing base, NYMEX, Table, Natural gas, State Administrative Expenses, Renewable energy, Rare-earth element, Cryptocurrency, Fertilizer, Beauty salon, Video game, Payment card, Bank, Pharmaceutical industry, Airline, Oil, Delaware Basin

THE WOODLANDS, Texas, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today reported operational and financial results for the third quarter of 2023. In addition, the Company updated its guidance for the fourth quarter of 2023 and announced the successful sale of its non-core operated New Mexico properties that closed on September 27, 2023.

Key Points: 
  • In addition, the Company updated its guidance for the fourth quarter of 2023 and announced the successful sale of its non-core operated New Mexico properties that closed on September 27, 2023.
  • Third quarter 2023 Adjusted EBITDA tied the quarterly record results posted in this year’s first quarter.
  • Adjusted Free Cash Flow for the third quarter of 2023 was $6.1 million versus $12.6 million for the second quarter of 2023.
  • The 18% increase in third quarter 2023 revenues from the second quarter of 2023 was driven by higher realized pricing and sales volumes.

Fidelity D & D Bancorp, Inc. Reports Third Quarter 2023 Financial Results

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Mercoledì, Ottobre 25, 2023
Sale, Growth, ASC, Tax, Fidelity Bank, ASU, PPP, Maintenance, Interest, Partial return reverse swap, Advertising, FTE, Small Business Administration, Marketing, Natural borrowing limit, Depreciation, Discounting, Financial instrument, Current Expected Credit Losses, Investment, SBA, CECL, Cryptocurrency, Life insurance, Bank, Video game, FDIC

DUNMORE, Pa., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC) and its banking subsidiary, The Fidelity Deposit and Discount Bank, announced its unaudited, consolidated financial results for the three and nine-month periods ended September 30, 2023.

Key Points: 
  • DUNMORE, Pa., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC) and its banking subsidiary, The Fidelity Deposit and Discount Bank, announced its unaudited, consolidated financial results for the three and nine-month periods ended September 30, 2023.
  • Net interest income was $14.6 million for the third quarter of 2023, a 21% decrease from the $18.5 million earned for the third quarter of 2022.
  • The cost of funds increased 134 basis points to 1.63% for the third quarter of 2023 from 0.29% for the third quarter of 2022.
  • Non-interest expenses decreased $0.3 million, or 2%, for the third quarter of 2023 to $12.8 million from $13.1 million for the same quarter of 2022.

Fidelity D & D Bancorp, Inc. Reports Second Quarter 2023 Financial Results

Retrieved on: 
Mercoledì, Luglio 26, 2023
Borrowing base, Insurance, ASC, Small Business Administration, Current Expected Credit Losses, Partial return reverse swap, Paycheck Protection Program, Tax, Discounting, Sale, PPP, Financial instrument, Trust, Investment, FTE, CECL, Growth, SBA, Small business, TDR, ASU, Cryptocurrency, Life insurance, Bank, Video game, FDIC

Net interest income was $15.4 million for the second quarter of 2023, a 15% decrease over the $18.1 million earned for the second quarter of 2022.

Key Points: 
  • Net interest income was $15.4 million for the second quarter of 2023, a 15% decrease over the $18.1 million earned for the second quarter of 2022.
  • The cost of funds increased 120 basis points to 1.37% for the second quarter of 2023 from 0.17% for the second quarter of 2022.
  • The Company’s FTE (non-GAAP measurement) net interest spread was 2.28% for the second quarter of 2023, down 99 basis points from the 3.27% recorded for the second quarter of 2022.
  • Total non-interest income increased $0.3 million, or 7%, to $4.5 million for the second quarter of 2023 compared to $4.2 million for the second quarter of 2022.

Kansas City Life Announces Fourth Quarter 2022 Results

Retrieved on: 
Lunedì, Marzo 6, 2023
OTCQX, Kansas City Life Insurance Company, Annual report, KCLI, Insurance, Partial return reverse swap, Sale, Cryptocurrency, Life insurance

KANSAS CITY, Mo., March 6, 2023 /PRNewswire/ -- Kansas City Life Insurance Company recorded a net loss of $17.3 million or $1.79 per share in the fourth quarter of 2022 compared to net income of $13.1 million or $1.36 per share in the fourth quarter of 2021.

Key Points: 
  • KANSAS CITY, Mo., March 6, 2023 /PRNewswire/ -- Kansas City Life Insurance Company recorded a net loss of $17.3 million or $1.79 per share in the fourth quarter of 2022 compared to net income of $13.1 million or $1.36 per share in the fourth quarter of 2021.
  • The largest factors in the decrease in net income for both the fourth quarter and year ended December 31, 2022, compared to the same periods in the prior year, were an increase in operating expenses and a decrease in net investment gains.
  • The increase in operating expenses was due to the accrual of a $28.4 million pretax legal reserve established in the fourth quarter of 2022 related to a class action lawsuit.
  • Kansas City Life Insurance Company (OTCQX: KCLI) was established in 1895 and is based in Kansas City, Missouri.

Churchill Downs Incorporated Reports 2022 Fourth Quarter and Full Year Results

Retrieved on: 
Mercoledì, Febbraio 22, 2023
Depreciation, Chicago, News, Hand, Documentation, River, Accounting, SOFR, CDI, GAAP, Work, Hard Rock Cafe, Acquisition, Partial return reverse swap, Share repurchase, Urban One, Genting Group, EPS, Arlington Park, Investment, HRM, Tax, P2E, Marex (British company), Sale, Chicago Bears, Comprehensive income, Adjustment, Video game, Cryptocurrency, Security (finance), Bank, Life insurance, Pharmaceutical industry, Bookkeeping, EBITDA

Net revenue for 2022 decreased $45.9 million primarily as a result of Arlington ceasing racing and simulcast operations at the end of 2021.

Key Points: 
  • Net revenue for 2022 decreased $45.9 million primarily as a result of Arlington ceasing racing and simulcast operations at the end of 2021.
  • We had $270.2 million of repurchase authority remaining under this program on December 31, 2022.
  • The Company's fourth quarter 2022 net income was $1.0 million compared to $43.3 million in the prior year quarter.
  • The Company's 2022 net income attributable to Churchill Downs Incorporated was $439.4 million compared to $249.1 million in the prior year.

FNCB Bancorp, Inc. Announces 2022 Net Income and Results of Operations and Authorization of Stock Repurchase Program

Retrieved on: 
Venerdì, Gennaio 27, 2023
Depreciation, Insurance, FHLB, FOMC, COVID-19, Quarter, Common stock, FTE, Sale, Total, Tangibility, Partial return reverse swap, Annual report, Bank, Holding company, Security (finance), Video game

In 2022 and 2021, the Board of Directors had authorized a similar program under which 384,830 and 330,759 common shares were repurchased, respectively.

Key Points: 
  • In 2022 and 2021, the Board of Directors had authorized a similar program under which 384,830 and 330,759 common shares were repurchased, respectively.
  • For the fourth quarter of 2022, tax-equivalent interest income increased $4.3 million, or 31.7%, to $17.8 million from $13.5 million in 2021.
  • Stock market volatility resulted in FNCB recording a net loss on equity securities of $34 thousand in 2022, compared to a net gain of $0.7 million recorded in 2021.
  • Also impacting capital, was net income of $20.4 million, partially offset by $3.6 million utilized for the repurchase of common shares under a stock repurchase program authorized by FNCB's Board of Directors and $6.5 million in dividends declared and paid in 2022.