SECURE Act of 2019

Plumas Bancorp Reports Record Earnings for the Fourth Quarter and Year Ended December 31, 2022

Retrieved on: 
Wednesday, January 18, 2023
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RENO, Nev., Jan. 18, 2023 (GLOBE NEWSWIRE) -- Plumas Bancorp (Nasdaq: PLBC), the parent company of Plumas Bank, today announced record earnings for the year and three months ended December 31, 2022.

Key Points: 
  • RENO, Nev., Jan. 18, 2023 (GLOBE NEWSWIRE) -- Plumas Bancorp (Nasdaq: PLBC), the parent company of Plumas Bank, today announced record earnings for the year and three months ended December 31, 2022.
  • Earnings per diluted share increased to $4.47 during the twelve months ended December 31, 2022, up $0.71 from $3.76 during 2021.
  • Diluted earnings per share increased to $1.32 per share during the three months ended December 31, 2022, up from $0.93 per share during the quarter ended December 31, 2021.
  • Return on average equity increased to 27.9% for the three months ended December 31, 2022, up from 16.5% during the fourth quarter of 2021.

Progress Reports 2022 Fiscal Fourth Quarter and Year End Results

Retrieved on: 
Tuesday, January 17, 2023
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BURLINGTON, Mass., Jan. 17, 2023 (GLOBE NEWSWIRE) -- Progress (NASDAQ: PRGS), the trusted provider of infrastructure software, today announced financial results for its fiscal fourth quarter and fiscal year ended November 30, 2022.

Key Points: 
  • The expected negative currency translation impact on Progress' fiscal Q1 2023 business outlook compared to 2022 exchange rates on GAAP and non-GAAP revenue is approximately $2.5 million.
  • Progress will hold a conference call to review its financial results for the fiscal fourth quarter of 2022 at 5:00 p.m.
  • A reconciliation of non-GAAP adjustments to Progress' GAAP financial results is included in the tables at the end of this press release and is available on the Progress website at www.progress.com within the investor relations section.
  • 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers (“ASU 2021-08”) during the fourth quarter of fiscal year 2021.

Gabelli Convertible and Income Securities Fund Announces Closing of Private Placement of 5.20% Series G Cumulative Preferred Stock

Retrieved on: 
Friday, December 30, 2022
Professional Services, Finance, NYSE, SECURE Act of 2019, Series, Fund, Security (finance)

The Board of Directors of The Gabelli Convertible and Income Securities Fund Inc. (NYSE:GCV) (the “Fund”) is pleased to announce the closing of a private placement of 5.20% Series G Cumulative Preferred Stock (“Series G Preferred”).

Key Points: 
  • The Board of Directors of The Gabelli Convertible and Income Securities Fund Inc. (NYSE:GCV) (the “Fund”) is pleased to announce the closing of a private placement of 5.20% Series G Cumulative Preferred Stock (“Series G Preferred”).
  • The Series G Preferred is non-callable until June 26, 2025, and has a liquidation preference of $10 per share.
  • This press release is not an offering of, or a solicitation to purchase, the Series G Preferred.
  • The Series G Preferred have not been registered under the Securities Act of 1933 or any state securities laws.

Daily Journal Corporation Announces Financial Results for Fiscal Year ended September 30, 2022

Retrieved on: 
Friday, December 16, 2022
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LOS ANGELES, Dec. 16, 2022 (GLOBE NEWSWIRE) -- During fiscal 2022, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of $54,009,000 as compared with $49,925,000 in the prior year.

Key Points: 
  • LOS ANGELES, Dec. 16, 2022 (GLOBE NEWSWIRE) -- During fiscal 2022, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of $54,009,000 as compared with $49,925,000 in the prior year.
  • The Company’s investments generated approximately $5,451,000 in dividends income for fiscal 2022, as compared with $2,908,000 in the prior fiscal year.
  • During fiscal 2022, consolidated pretax loss was $102,549,000, as compared to pretax income of $153,050,000 in the prior fiscal year.
  • Daily Journal Corporation publishes newspapers and web sites covering California and Arizona, and produces several specialized information services.

Aluf Holdings, Inc. Enters Financial Services Arena and Acquires Leading Edge Virtual Tax, Accounting, and Advisory Firm

Retrieved on: 
Thursday, December 15, 2022
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As such, the Company is acquiring and/or partnering with other technology and professional services firms.

Key Points: 
  • As such, the Company is acquiring and/or partnering with other technology and professional services firms.
  • The first acquisition into our Financial Services portfolio is Rapid Tax USA TS, which is scheduled to take place on December 30, 2022.
  • Currently operated by family-owned Tax Partners USA, LLC, as a d/b/a, Rapid Tax USA TS, began operating in January 2016, with headquarters in South Florida.
  • With tax season quickly approaching, the Company will immediately begin rebranding, website updates, and marketing to exceed projected revenue goals for 2023.

XWELL Chief Executive Officer Issues Letter to Shareholders Regarding the Company’s Operating Strategy

Retrieved on: 
Monday, December 12, 2022
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NEW YORK, Dec. 12, 2022 (GLOBE NEWSWIRE) -- XWELL, Inc. (Nasdaq: XWEL) (“XWELL” or the “Company”), the authority in health and wellness solutions for people on the go, issued the following Letter to Shareholders from Scott Milford, XWELL’s Chief Executive Officer.

Key Points: 
  • NEW YORK, Dec. 12, 2022 (GLOBE NEWSWIRE) -- XWELL, Inc. (Nasdaq: XWEL) (“XWELL” or the “Company”), the authority in health and wellness solutions for people on the go, issued the following Letter to Shareholders from Scott Milford, XWELL’s Chief Executive Officer.
  • With our plan set, we carefully reviewed our portfolio of closed spas and reopened only those that we believed could generate sustainable profit.
  • Our intention with this new strategy is to grow retail sales to approximately $10 million over the next 12-18 months.
  • XWELL, Inc. (Nasdaq: XWEL) is a leading global health and wellness holding company operating four brands: XpresCheck®, XpresSpa®, Treat™ and HyperPointe.

Five Below, Inc. Announces Third Quarter Fiscal 2022 Financial Results

Retrieved on: 
Wednesday, November 30, 2022
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PHILADELPHIA, PA, Nov. 30, 2022 (GLOBE NEWSWIRE) -- Five Below, Inc. (NASDAQ: FIVE) today announced financial results for the third quarter and for the year to date period ended October29, 2022.

Key Points: 
  • PHILADELPHIA, PA, Nov. 30, 2022 (GLOBE NEWSWIRE) -- Five Below, Inc. (NASDAQ: FIVE) today announced financial results for the third quarter and for the year to date period ended October29, 2022.
  • For the third quarter ended October29, 2022:
    Net sales increased by 6.2% to $645.0 million from $607.6 million in the third quarter of fiscal 2021; comparable sales decreased by 2.7% versus the third quarter of fiscal 2021.
  • Diluted income per common share was $0.29 compared to $0.43 in the third quarter of fiscal 2021.
  • A conference call to discuss the financial results for the third quarter and year to date period of fiscal 2022 is scheduled for today, November 30, 2022, at 4:30 p.m. Eastern Time.

PCS Edventures! Reports Unaudited Results for the Second Quarter of Fiscal Year 2023

Retrieved on: 
Tuesday, November 15, 2022
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BOISE, Idaho, Nov. 15, 2022 (GLOBE NEWSWIRE) -- PCS Edventures!, Inc., (PCSV) a leading provider of K-12 Science, Technology, Engineering and Mathematics (STEM) education programs and drone products, today announced unaudited results of operations for its second quarter of Fiscal Year 2023 (FY 2023), which ended on September 30, 2022.

Key Points: 
  • BOISE, Idaho, Nov. 15, 2022 (GLOBE NEWSWIRE) -- PCS Edventures!, Inc., (PCSV) a leading provider of K-12 Science, Technology, Engineering and Mathematics (STEM) education programs and drone products, today announced unaudited results of operations for its second quarter of Fiscal Year 2023 (FY 2023), which ended on September 30, 2022.
  • Revenue for the second quarter of FY 2023 was $1.24 million, which was 25% higher than the $0.99 million in revenue for the same period last year.
  • Net income for the second quarter was $0.17 million compared to $0.45 million for the second quarter of Fiscal Year 2022.
  • Michael Bledsoe, President, commented, We have had a tremendous first half of FY 2023.

Creative Realities Reports Third Quarter 2022 Results

Retrieved on: 
Monday, November 14, 2022
Investment, Operating cost, CMS, Marketing, Calendar, LED, GAAP, CREX, Creative, CRI, Employment, Adjustment, DOOH, ERC, SECURE Act of 2019, 401(k), Research, Acquisition, Mergers and acquisitions, Depreciation, Security (finance), Software as a service, Maintenance, ARR, Disclosure, EBITDA, Growth, COVID-19, Travel, Annual report, Tax, Video game, Renewable energy, Risk management, Airline, Bookkeeping, Reflection

LOUISVILLE, Ky., Nov. 14, 2022 (GLOBE NEWSWIRE) -- Creative Realities, Inc. (Creative Realities, CRI, or the Company) (NASDAQ: CREX, CREXW), a leading provider of digital signage solutions, announced its financial results for the three- and nine-months ended September 30, 2022.

Key Points: 
  • LOUISVILLE, Ky., Nov. 14, 2022 (GLOBE NEWSWIRE) -- Creative Realities, Inc. (Creative Realities, CRI, or the Company) (NASDAQ: CREX, CREXW), a leading provider of digital signage solutions, announced its financial results for the three- and nine-months ended September 30, 2022.
  • EBITDA and Adjusted EBITDA for the second quarter amounted to $1.5 million and $1.2 million, respectively, which represents continued expansion in our Adjusted EBITDA of 2.6% in the third quarter of 2022 as compared to the second quarter of 2022, consistent with the expansion from first to second quarter of 2022.
  • All current year results herein represent the financial results of Creative Realities, Inc. and include financial results for Reflect Systems, Inc., a wholly owned subsidiary of Creative Realities following their merger on February 17, 2022.
  • During the three months ended September 30, 2021, the pro forma combined results of Creative Realities and Reflect Systems produced $7.7 million in revenues.

Ed Slott and Company Named 2022 ThinkAdvisor LUMINARY Award Winner for Thought Leadership and Education

Retrieved on: 
Tuesday, November 22, 2022
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NEW YORK, Nov. 22, 2022 /PRNewswire/ -- Ed Slott and Company, LLC, the nation's leading provider of IRA distribution education for financial advisors, CPAs, insurance agents and attorneys, has been named an award winner of ThinkAdvisor's LUMINARIES 2022 for the "Thought Leadership and Education" category. This award is designed to recognize firms making outstanding efforts to better understand and train new and existing industry participants. The recognition for Ed Slott and Company comes after it launched its on-demand, CE-approved, 12-course program, IRA Success, in partnership with The American College of Financial Services in the spring of 2021. 

Key Points: 
  • NEW YORK, Nov. 22, 2022 /PRNewswire/ -- Ed Slott and Company, LLC, the nation's leading provider of IRA distribution education for financial advisors, CPAs, insurance agents and attorneys, has been named an award winner of ThinkAdvisor's LUMINARIES 2022 for the "Thought Leadership and Education" category.
  • This award is designed to recognize firms making outstanding efforts to better understand and train new and existing industry participants.
  • In addition to this new initiative, Ed Slott and Company has continued to provide a robust series of educational and training resources.
  • ABOUT ED SLOTT AND COMPANY, LLC:Ed Slott and Company, LLC is the nation's leading provider of technical IRA education for financial advisors, CPAs and attorneys.