Income tax

EQS-News: SURTECO GROUP SE: Annual General Meeting adopts agenda items with a large majority.

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понедельник, июня 17, 2024
Plastic, Annual, Baseboard, Supervisory board, Annual general meeting, Internet, CFO, Income tax, Security (finance)

SURTECO GROUP SE: Annual General Meeting adopts agenda items with a large majority.

Key Points: 
  • SURTECO GROUP SE: Annual General Meeting adopts agenda items with a large majority.
  • SURTECO GROUP SE: Annual General Meeting adopts agenda items with a large majority.
  • The agenda items presented to the Annual General Meeting were passed with a large majority.
  • You will find additional information on SURTECO GROUP SE and on the Annual General Meeting of the company including the voting results and a video recording on the Internet at www.ir.surteco.com/hv.

Kaltura Announces Stock Repurchase Program

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вторник, июня 11, 2024
Cloud, Kaltura, Adjustment, KLTR, Total revenue, GAAP, Investment, Depreciation, Income tax

NEW YORK, June 11, 2024 (GLOBE NEWSWIRE) -- Kaltura, Inc. (“Kaltura” or the “Company”) (Nasdaq: KLTR), the Video Experience Cloud, today announced that its Board of Directors has authorized a stock repurchase program for up to $5 million of the Company’s common stock.

Key Points: 
  • NEW YORK, June 11, 2024 (GLOBE NEWSWIRE) -- Kaltura, Inc. (“Kaltura” or the “Company”) (Nasdaq: KLTR), the Video Experience Cloud, today announced that its Board of Directors has authorized a stock repurchase program for up to $5 million of the Company’s common stock.
  • Under the program, the Company may make repurchases, from time to time, through open market purchases, block trades, in privately negotiated transactions, accelerated stock repurchase transactions, or by other means.
  • The repurchase program does not obligate the Company to repurchase any specific amount of common stock, has no time limit, and may be modified, suspended, or discontinued at any time without notice at the discretion of the Board of Directors.
  • The Company currently expects to fund the repurchase program from existing cash and cash equivalents, short-term investments and/or future cash flows.

Calavo Growers, Inc. Announces Second Quarter 2024 Financial Results

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понедельник, июня 10, 2024
Acquisition, Total, Security (finance), Fruit, Adjustment, Justice, Nature, GAAP, Calavo Growers, Income tax, RFG, Depreciation, Sale, FCPA, Video game

SANTA PAULA, Calif., June 10, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado industry leader and provider of convenient, ready-to-eat fresh food, today reported its financial results for the fiscal second quarter ended April 30, 2024.

Key Points: 
  • SANTA PAULA, Calif., June 10, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado industry leader and provider of convenient, ready-to-eat fresh food, today reported its financial results for the fiscal second quarter ended April 30, 2024.
  • As a result, the financial results of that business are reported as discontinued operations in this press release.
  • Grown gross profit increased 27% versus the prior year quarter, driven by strength in avocado margins as well as strong performance in tomatoes.
  • The third quarter is off to a great start, and we expect strong results as we remain focused on maximizing value in our core businesses.

ETC Announces Fiscal 2024 Full Year and Fourth Quarter Results

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пятница, июня 7, 2024
Absorption, Research, OTC Markets Group, Marketing, CIS, NOL, International, ATS, Domestic, Income tax, Sale, Collection, Public expenditure, ETC, Security (finance)

SOUTHAMPTON, Pa., June 07, 2024 (GLOBE NEWSWIRE) -- Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today reported its financial results for the thirteen week period ended February 23, 2024 (the “2024 fiscal fourth quarter”) and the fifty-two week period ended February 23, 2024 (“fiscal 2024”).

Key Points: 
  • SOUTHAMPTON, Pa., June 07, 2024 (GLOBE NEWSWIRE) -- Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today reported its financial results for the thirteen week period ended February 23, 2024 (the “2024 fiscal fourth quarter”) and the fifty-two week period ended February 23, 2024 (“fiscal 2024”).
  • The decrease in operating expenses was due primarily to lower research and development costs of $0.4 million in the 2024 fiscal fourth quarter compared to the 2023 fiscal fourth quarter.
  • Interest expense, net, for the 2024 fiscal fourth quarter was $0.2 million compared to $0.1 million in the 2023 fiscal fourth quarter, reflecting increased borrowing and higher interest rates during the 2024 fiscal fourth quarter.
  • An income tax benefit of $0.2 million was recorded in the fiscal 2024 fourth quarter compared to provision of $0.1 million in the 2023 fiscal fourth quarter.

Aurora Mobile Limited Announces First Quarter 2024 Unaudited Financial Results

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четверг, июня 6, 2024
Weakness, Net, Business model, Research, Marketing, Security (finance), Adjustment, Annual report, Book, ADS, Value-added service, SAAS, Income tax, Service provider, Investment, JG, History, Depreciation, Conference, Video game

SHENZHEN, China, June 06, 2024 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (“Aurora Mobile” or the “Company”) (NASDAQ: JG), a leading provider of customer engagement and marketing technology services in China, today announced its unaudited financial results for the first quarter ended March 31, 2024.

Key Points: 
  • SHENZHEN, China, June 06, 2024 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (“Aurora Mobile” or the “Company”) (NASDAQ: JG), a leading provider of customer engagement and marketing technology services in China, today announced its unaudited financial results for the first quarter ended March 31, 2024.
  • Net loss attributable to Aurora Mobile Limited’s shareholders was RMB2.4 million (US$0.3 million), compared with a net loss attributable to Aurora Mobile Limited’s shareholders of RMB15.1 million for the same quarter last year.
  • Adjusted net loss (non-GAAP) was RMB1.3 million (US$0.2 million), compared with a RMB11.5 million adjusted net loss for the same quarter last year.
  • Statements that are not historical facts, including but not limited to statements about Aurora Mobile’s beliefs and expectations, are forward-looking statements.

Greif Reports Fiscal Second Quarter 2024 Results

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среда, июня 5, 2024
Centurion, Acquisition, Organization, Exhibit, Paper, Plant, Adjustment, Credit, Tax, GAAP, Income tax, Depreciation, CSI, ERP, Global Industrial, Create

DELAWARE, Ohio, June 05, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced fiscal second quarter 2024 results.

Key Points: 
  • DELAWARE, Ohio, June 05, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced fiscal second quarter 2024 results.
  • Fiscal Second Quarter 2024 Financial Highlights:
    Net income decreased 60.1% to $44.4 million or $0.77 per diluted Class A share compared to net income of $111.2 million or $1.90 per diluted Class A share.
  • Our consolidated CSI score was 92.6 at the end of the fiscal second quarter 2024.
  • The table below shows the percentage impact of each of these items on net sales for our primary products for the fiscal second quarter of 2024 as compared to the prior year quarter for the business segments with manufacturing operations.

17 Education & Technology Group Inc. Announces First Quarter 2024 Unaudited Financial Results

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среда, июня 5, 2024
Net, PIN, Translation, Research, RMB, Marketing, USD, H.10, GAAP, Income tax, Bank

Loss from operations for the first quarter of 2024 was RMB62.9 million (US$8.7 million), compared with RMB104.0 million in the first quarter of 2023.

Key Points: 
  • Loss from operations for the first quarter of 2024 was RMB62.9 million (US$8.7 million), compared with RMB104.0 million in the first quarter of 2023.
  • Net loss for the first quarter of 2024 was RMB56.1 million (US$7.8 million), compared with net loss of RMB92.5 million in the first quarter of 2023.
  • Adjusted net loss (non-GAAP) for the first quarter of 2024 was RMB42.7 million (US$5.9 million), compared with adjusted net loss (non-GAAP) of RMB64.0 million in the first quarter of 2023.
  • The Company will hold a conference call on Wednesday, June 5, 2024 at 9:00 p.m. U.S. Eastern Time (Thursday, June 6, 2024 at 9:00 a.m. Beijing time) to discuss the financial results for the first quarter of 2024.

Industrias Unidas, S.A. de C.V. Consolidated Results of Operations for Q1 2024

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среда, июня 12, 2024
Machine Tools, Metalworking & Metallurgy, HVAC, Manufacturing, Commercial Building & Real Estate, Construction & Property, Building Systems, Steel, HVACR, Alloy, Comprehensive, Heat, Water, Air conditioning, Depreciation, Income tax, Retail

Our consolidated net income for the first three months ended March 31, 2024, was Ps.720.3 million (US$43.5 million), compared to a net income of Ps.1,111.5 million in the same period of 2023.

Key Points: 
  • Our consolidated net income for the first three months ended March 31, 2024, was Ps.720.3 million (US$43.5 million), compared to a net income of Ps.1,111.5 million in the same period of 2023.
  • This change was the result of lower Operating Income and Comprehensive Financing Result for this period compared to the first quarter in the previous year.
  • Our net revenues for the first three months of 2024 decreased 13.9% to Ps.6,236.3 million (US$376.5 million) from Ps.7,240.6 million in the same period of 2023.
  • Our sales are primarily to customers engaged in commercial, industrial and residential construction, and their related maintenance and renovation activities.

First Keystone Announces Second Quarter 2024 Earnings (Unaudited)

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понедельник, июня 10, 2024
Banking, Professional Services, Finance, FKYS, Dain Rauscher Wessels, Fraud, Bank, OTC Markets Group, Security (finance), Accounting, Growth, ATM, Disclosure, Corporation, Asset, Tradition, Federal funds, Bank statement, Current Expected Credit Losses, Community Bank, Income tax

First Keystone Corporation (OTC Pink: FKYS), parent company of First Keystone Community Bank, reported a net loss for the three months ended March 31, 2024 of $18,377,000.

Key Points: 
  • First Keystone Corporation (OTC Pink: FKYS), parent company of First Keystone Community Bank, reported a net loss for the three months ended March 31, 2024 of $18,377,000.
  • Net loss per share was $3.00 while dividends totaled $0.28 per share for the three months ended March 31, 2024.
  • The net effect of the derivative on net interest income was $372,000 for the three months ended March 31, 2024.
  • For more information on First Keystone Community Bank or its parent company, First Keystone Corporation, please contact Elaine A. Woodland at 570-752-3671.

Broadway Financial Corporation Announces Results for First Quarter 2024

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вторник, июня 11, 2024
Banking, Professional Services, Finance, National Association, Treasury, Bank, Federal Reserve, Federal, Growth, Mergers and acquisitions, Broadway Federal Bank, Income tax, Federal Open Market Committee, Investment, Federal Territories of Malaysia, Bank statement, Acceleration

During the first quarter of 2024, net interest income decreased by $750 thousand, or 9.1%, to $7.5 million, compared to the first quarter of 2023.

Key Points: 
  • During the first quarter of 2024, net interest income decreased by $750 thousand, or 9.1%, to $7.5 million, compared to the first quarter of 2023.
  • Total interest income increased for the twelfth consecutive quarter since the merger of CFBanc Corporation with the Company on April 1, 2021 (the “Merger”).
  • During the first quarter of 2024, interest income increased by $3.6 million, or 32.4%, compared to the first quarter of 2023, and by $2.3 million, or 18.5%, compared to the fourth quarter of 2023.
  • The yield on average interest-earning assets increased by 46 basis points to 4.45% for the first quarter of 2024, compared to 3.99% for the first quarter of 2023.