Balance sheet

Ring Energy Announces Second Quarter 2023 Results and Reiterates Quarterly Guidance for Second Half 2023

Retrieved on: 
Thursday, August 3, 2023
Permian, Valorem, REI, Exercise, Borrowing base, NYMEX, Common stock, Maintenance, LOE, Capital expenditure, Atlas, Table, CBP, Credit agreements in South Africa, Line of credit, Leverage, G&A, GAAP, Balance sheet, Transport, GTP, Sale, Public expenditure, Warrant, State Administrative Expenses, Finance Secretary (India), Fortification, EBITDA, Acquisition, Depreciation, Henry Hub, Natural gas, BOE, Hertz, Ring, Credit, NWS, NYSE, Cryptocurrency, Beauty salon, Life insurance, Airline, Arms industry, Bank, Security (finance), Video game, Oil, Delaware Basin

THE WOODLANDS, Texas, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today reported operational and financial results for the second quarter of 2023. In addition, the Company reaffirmed its pro forma guidance for the third and fourth quarters of 2023 assuming completion of its recently announced transaction to acquire additional assets in the Central Basin Platform (“CBP”) of the Permian Basin from Founders Oil & Gas IV, LLC (“Founders”) for $75 million in cash, subject to customary closing adjustments (the “Founders Acquisition”).

Key Points: 
  • THE WOODLANDS, Texas, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today reported operational and financial results for the second quarter of 2023.
  • Adjusted EBITDA was $53.5 million for the second quarter of 2023 versus $58.6 million for the first quarter of 2023, and 13% higher than $47.4 million for the second quarter of 2022.
  • Revenues were $79.3 million for the second quarter of 2023 compared to $88.1 million for the first quarter of 2023 and $85.0 million for the second quarter of 2022.
  • Operating Lease Expense: Operating lease expense was $115,353 for the second quarter of 2023, $113,138 for the first quarter of 2023, and $83,590 in the second quarter of 2022.

Paylocity Announces Fourth Quarter and full Fiscal Year 2023 Financial Results

Retrieved on: 
Thursday, August 3, 2023
Central Time, Paylocity, Webcast, Growth, Eastern Time Zone, EBITDA, GAAP, Table, Balance sheet, Medical device, Video game, Beauty salon, Bookkeeping, Tobacco, Bank

GAAP operating income was $49.4 million and Non-GAAP operating income was $84.0 million in the fourth quarter of fiscal year 2023.

Key Points: 
  • GAAP operating income was $49.4 million and Non-GAAP operating income was $84.0 million in the fourth quarter of fiscal year 2023.
  • GAAP net income was $37.3 million or $0.66 per share in the fourth quarter of fiscal year 2023 based on 56.7 million diluted weighted average common shares outstanding.
  • Adjusted EBITDA, a non-GAAP measure, was $100.6 million in the fourth quarter of fiscal year 2023.
  • Paylocity will host a conference call to discuss its fourth quarter and full fiscal year 2023 results at 4:30 p.m. Central Time today (5:30 Eastern Time).

W&T Offshore Announces Second Quarter 2023 Results

Retrieved on: 
Tuesday, August 1, 2023
Capital expenditure, Senior, Table, Sewell, G&A, GAAP, NGL, Balance sheet, TTM, Acquisition, Transport, NYSE, Maintenance, Executive, Private law, NSAI, British thermal unit, Risk, Consultant, Cost, Production, Debt, GOM, Associate, LOE, Atlas, Cautionary Towns, Engineering, Natural gas, Adjustment, Holy Grail, Stifel, Term loan, Oil, Sale, Public expenditure, State Administrative Expenses, EBITDA, Depreciation, Front-end engineering, Garden Banks Pipeline, Bank, Bookkeeping, Financial services, Security (finance), Video game, Airline, Mobile Bay, Gulf of Mexico, Magnolia Field

HOUSTON, Aug. 01, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the second quarter of 2023.

Key Points: 
  • HOUSTON, Aug. 01, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the second quarter of 2023.
  • Tracy W. Krohn, W&T’s Board Chair and Chief Executive Officer, commented, “Our second quarter 2023 production volumes recovered from first quarter downtime and were up 14% over first quarter 2023 to 37.0 Mboe per day, which resulted in a good quarter of positive operational and financial results.
  • Revenues for the second quarter of 2023 were $126.2 million, which was lower than first quarter 2023 revenue of $131.7 million and lower than $273.8 million in the second quarter of 2022, due primarily to lower realized prices.
  • Interest Expense: Net interest expense in the second quarter of 2023 was $10.3 million compared to $14.7 million in the first quarter of 2023 and $18.2 million in the second quarter of 2022.

Hudson Pacific Properties Reports Second Quarter 2023 Financial Results

Retrieved on: 
Tuesday, August 1, 2023
Commercial Building & Real Estate, Construction & Property, REIT, Total, HPP, Clock Tower Square, Tax, Rivian, GAAP, Balance sheet, Don Quixote, Silicon, FFO, Acquisition, Bloomberg, Corporation, Hudson Pacific Properties, NOI, Trust company, NYSE, Commercial property, Security (finance), Lease

Hudson Pacific Properties, Inc. (NYSE: HPP) (the "Company," "Hudson Pacific," or "HPP"), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries, today announced financial results for the second quarter 2023.

Key Points: 
  • Hudson Pacific Properties, Inc. (NYSE: HPP) (the "Company," "Hudson Pacific," or "HPP"), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries, today announced financial results for the second quarter 2023.
  • "Last month, the national entertainment strike expanded, with the actors joining the writers on strike for the first time since 1960.
  • It otherwise excludes any impact from new acquisitions, dispositions, debt financings or repayments, recapitalizations, capital markets activity or similar matters.
  • There can be no assurance that actual results will not differ materially from these estimates.

Columbia Sportswear Company Reports Second Quarter and First Half 2023 Financial Results; Updates Full Year 2023 Financial Outlook

Retrieved on: 
Tuesday, August 1, 2023
Outdoors, Sports, Fashion, Retail, Footwear, Omni, Workforce, Inventory, DTC, Capital expenditure, SG, Australian Financial Review, Consumer, GAAP, Balance sheet, Columbia Sportswear, Collection, Investment, Nature, Capital, Growth, Security (finance), Environment, Bank, Renewable energy, Creative industries, Video game, Pharmaceutical industry, Life insurance, Cryptocurrency, Music, Arms industry, Car rental, Rare-earth element

Columbia Sportswear Company (NASDAQ: COLM, the "Company"), a multi-brand global leading innovator in outdoor, active and lifestyle products including apparel, footwear, accessories, and equipment, today announced second quarter 2023 financial results for the period ended June 30, 2023.

Key Points: 
  • Columbia Sportswear Company (NASDAQ: COLM, the "Company"), a multi-brand global leading innovator in outdoor, active and lifestyle products including apparel, footwear, accessories, and equipment, today announced second quarter 2023 financial results for the period ended June 30, 2023.
  • (All comparisons are between second quarter 2023 and second quarter 2022, unless otherwise noted.)
  • Columbia Sportswear Company plans to report third quarter 2023 financial results on Thursday, October 26, 2023 at approximately 4:00 p.m.
  • The Company provides a reconciliation of non-GAAP measures to the most directly comparable financial measure calculated in accordance with GAAP.

Viking Therapeutics Reports Second Quarter 2023 Financial Results and Provides Corporate Update

Retrieved on: 
Wednesday, July 26, 2023
AMN, Volunteering, Common stock, Male, Obesity, Histology, NASH, Diarrhea, Success, Half-life, Conference call, Internet, Triglyceride, Safety, Glucagon, Weight loss, Clinical trial, Pharmacokinetics, SAD, Balance sheet, X-ALD, Consultant, Disorder, DSM-IV codes, Trial of the century, Vomiting, Fibrosis, Plasma, Adrenoleukodystrophy, Magnetic resonance imaging, Hypoglycemia, Animal, Investment, Biopsy, SAN, Nausea, Webcast, Oral, GIP, MAD, Research, BMI, Therapy, GI, Human, Disease, Medical imaging, Pharmaceutical industry, Dietary supplement, Cryptocurrency, Vikings, Tmax, Patient, Conference

SAN DIEGO, July 26, 2023 /PRNewswire/ -- Viking Therapeutics, Inc. ("Viking") (NASDAQ: VKTX), a clinical-stage biopharmaceutical company focused on the development of novel therapies for metabolic and endocrine disorders, today announced its financial results for the second quarter and six months ended June 30, 2023, and provided an update on its clinical pipeline and other corporate developments.

Key Points: 
  • Highlights from the Quarter Ended June 30, 2023, and Other Recent Events:
    "In the second quarter of 2023 Viking continued to build on the momentum achieved in the first quarter, following the successful Phase 1 results of the dual incretin receptor agonist VK2735 for obesity," stated Brian Lian, Ph.D., chief executive officer of Viking.
  • We ended the second quarter with approximately $393 million, placing us in a strong financial position, with runway to execute through multiple potential value-creating events."
  • During the second quarter, the company announced positive top-line results from its Phase 2b VOYAGE study evaluating VK2809 in patients with biopsy-confirmed non-alcoholic steatohepatitis (NASH) and fibrosis.
  • Management will host a conference call to discuss the company's second quarter financial results today at 4:30 pm Eastern.

UTMD Reports Financial Performance for Second Calendar Quarter and First Half 2023

Retrieved on: 
Tuesday, July 25, 2023
CGS, Maintenance, Classified, Investment, NICU, New product development, MOH, CAD, GP, G&A, EBT, Balance sheet, Sterilization, WW, Public expenditure, EUR, AUD, OE, Hospital, Administration, FX, Engineering, Clotrimazole, Depreciation, Growth, EPS, R, OEM, OUS, GPM, GBP, Bank, Cryptocurrency, Retail, Financial services, Beauty salon, USD, Marketing, OI

Total consolidated 2Q 2023 UTMD worldwide (WW) sales in USD terms were $562 (4.2%) lower than in 2Q 2022.

Key Points: 
  • Total consolidated 2Q 2023 UTMD worldwide (WW) sales in USD terms were $562 (4.2%) lower than in 2Q 2022.
  • In 2Q 2023 compared to 2Q 2022, OUS sales were $250 (+4.5%) higher and U.S. domestic sales were $812 (10.4%) lower.
  • Total consolidated 1H 2023 UTMD WW sales in USD terms were $366 (1.4%) lower than in 1H 2022.
  • OI in 1H 2023 was $8,864 compared to $9,579 in 1H 2022, a decrease of $715 (7.5%), representing a healthy 1H 2023 OI margin of 34.9%.

SmartFinancial Announces Results for the Second Quarter 2023

Retrieved on: 
Monday, July 24, 2023
Balance sheet, Investment, Bank

KNOXVILLE, Tenn., July 24, 2023 (GLOBE NEWSWIRE) -- SmartFinancial, Inc. ("SmartFinancial" or the "Company"; NASDAQ: SMBK), today announced net income of $8.8 million, or $0.52 per diluted common share, for the second quarter of 2023, compared to net income of $10.2 million, or $0.61 per diluted common share, for the second quarter of 2022, and compared to prior quarter net income of $11.5 million, or $0.68 per diluted common share. Operating earnings1, which excludes securities gains and merger related and restructuring expenses, net of tax adjustments, totaled $8.8 million, or $0.52 per diluted common share, in the second quarter of 2023, compared to $10.3 million, or $0.61 per diluted common share, in the second quarter of 2022, and compared to $11.5 million, or $0.68 per diluted common share, in the first quarter of 2023.

Key Points: 
  • The yield on loans and leases, excluding loan fees was 5.39% for the second quarter, compared to 5.20% for the prior quarter.
  • The cost of total deposits for the second quarter of 2023 was 1.89% compared to 1.56% in the prior quarter.
  • The cost of interest-bearing liabilities increased to 2.53% for the second quarter of 2023 compared to 2.12% for the prior quarter.
  • The cost of average interest-bearing deposits was 2.46% for the second quarter of 2023 compared to 2.05% for the prior quarter, an increase of 41 basis points.

H.B. Fuller Reports Second Quarter 2023 Results

Retrieved on: 
Wednesday, June 28, 2023
Chemicals, Plastics, Manufacturing, CT, SG, Table, FUL, Tax, GAAP, Balance sheet, Second, Interest, EBITDA, Acquisition, FX, Webcast, Depreciation, Growth, EPS, Adjustment, Conference, NYSE, Software, Clothing, Bookkeeping, Security (finance), Cryptocurrency, Fine chemical, Oil, Bank, Tobacco

Fuller Company (NYSE: FUL) today reported financial results for its second quarter that ended June 3, 2023.

Key Points: 
  • Fuller Company (NYSE: FUL) today reported financial results for its second quarter that ended June 3, 2023.
  • Summary of Second Quarter 2023 Results:
    The Company’s net revenue for the second quarter of fiscal 2023 was $898 million, down 9.6% versus the second quarter of fiscal 2022.
  • Fuller for the second quarter of fiscal 2023 was $40 million, or $0.73 per diluted share.
  • Fuller for the second quarter of fiscal 2023 was $52 million.

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

Retrieved on: 
Friday, June 23, 2023
Face, XETRA, Policy, Annual, Supervisory board, Balance sheet, Sale, First Peoples' Cultural Council, Executive Board of the European Central Bank, EBITDA, Growth, Margin, Legislation, Security (finance), Holding company

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.