Consolidated Appropriations Act, 2021

Alico, Inc. to Attend 3rd Annual AGTech Answers Conference

Retrieved on: 
Monday, November 13, 2023

FORT MYERS, Fla., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (NASDAQ: ALCO) announced today that John Kiernan, the Company’s Chief Executive Officer and President, and Bradley Heine, the Company's Chief Financial Officer, will attend the 3rd Annual AGTech Answers Conference, held in New York, NY, on November 14, 2023.

Key Points: 
  • FORT MYERS, Fla., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (NASDAQ: ALCO) announced today that John Kiernan, the Company’s Chief Executive Officer and President, and Bradley Heine, the Company's Chief Financial Officer, will attend the 3rd Annual AGTech Answers Conference, held in New York, NY, on November 14, 2023.
  • Over 125 years of experience, currently managing approximately 50,000 acres of citrus groves in 31 locations across 7 counties.
  • Top citrus grower in the US and primary supplier to Tropicana, a leading orange juice brand in the US.
  • Alico is still recovering from the aftermath of Hurricane Ian in 2022, which damaged half of its crops intended for the 2023 harvest season.

Alico, Inc. Announces Financial Results for the Third Quarter and Nine Months Ended June 30, 2023

Retrieved on: 
Thursday, August 3, 2023

The Company’s average realized/blended price per pound solids for the nine months ended June 30, 2023 increased by approximately 3.0%, as compared to the prior year period.

Key Points: 
  • The Company’s average realized/blended price per pound solids for the nine months ended June 30, 2023 increased by approximately 3.0%, as compared to the prior year period.
  • Income from operations for the Land Management and Other Operations Division decreased for the nine months ended June 30, 2023 by $0.2 million, compared to the nine months ended June 30, 2022.
  • “Through June 30, 2023 we have sold approximately 1,436 acres of ranch land, for net proceeds of approximately $7.6 million.
  • Other income (expense), net for the nine months ended June 30, 2023 and 2022 was approximately $3.8 million and approximately $38.2 million, respectively.

Legislation Introduced to Permanently Allow Access to Physical Therapist Services via Telehealth

Retrieved on: 
Wednesday, June 7, 2023

ALEXANDRIA, Va., June 7, 2023 /PRNewswire/ -- The American Physical Therapy Association supports new bipartisan legislation that would permanently allow physical therapist services delivered via telehealth to be covered under Medicare. The Expanded Telehealth Access Act (H.R. 3875), adds physical therapists, physical therapist assistants, and other therapy providers in private practice, as well as facility-based outpatient therapy providers under Medicare Part B, as permanently authorized providers of telehealth under Medicare. The bill is endorsed by APTA, the American Speech-Language-Hearing Association, the Alliance for Connected Care, and the American Occupational Therapy Association.

Key Points: 
  • ALEXANDRIA, Va., June 7, 2023 /PRNewswire/ -- The American Physical Therapy Association supports new bipartisan legislation that would permanently allow physical therapist services delivered via telehealth to be covered under Medicare.
  • 3875), adds physical therapists, physical therapist assistants, and other therapy providers in private practice, as well as facility-based outpatient therapy providers under Medicare Part B, as permanently authorized providers of telehealth under Medicare.
  • "The use of telehealth during the pandemic helped ensure patient access to physical therapist services and provided an option for therapy clinics and their patients," said APTA President Roger Herr, PT, MPA.
  • The American Physical Therapy Association represents more than 100,000 physical therapists, physical therapist assistants, and physical therapy students nationwide.

Chef Lorena Garcia, Patti LaBelle, Kelly Rowland and More Join No Kid Hungry to Help Connect Kids to Free Summer Meals

Retrieved on: 
Wednesday, May 24, 2023

WASHINGTON, May 24, 2023 /PRNewswire/ -- All kids deserve a great summer, but for millions of children who rely on school meals, summer can be the hungriest time of year. No Kid Hungry, a national campaign to end childhood hunger, is launching an awareness campaign to help families find free meals for their kids and teens this summer. Parents, grandparents and caregivers can simply text "FOOD" or "COMIDA" to 304-304 or visit NoKidHungry.org/WhatsApp to find sites serving free meals in their neighborhood. This year, No Kid Hungry is expanding this resource for more families to access this information via WhatsApp, a popular messaging app used by immigrant and Latino families. To help raise awareness about this critical effort, Chef, Author, Restaurateur and TV Personality, Lorena Garcia, is teaming up with No Kid Hungry once again this year alongside Legendary Artist and Entertainer Patti LaBelle, Singer, Actress, TV Producer and Entrepreneur Kelly Rowland, Actor and Comedian Eugenio Derbez, TV Host and Actress Alejandra Espinoza, Chef, Author and Restaurateur Kwame Onwuachi, Actress, TV Host and former Miss Universe Dayanara Torres and more.

Key Points: 
  • No Kid Hungry, a national campaign to end childhood hunger, is launching an awareness campaign to help families find free meals for their kids and teens this summer.
  • During the school year, free and reduced-price school meals are a lifeline, ensuring that children have reliable access to nutrition.
  • "As a parent, I'm proud to join No Kid Hungry and help make sure families across America know that free summer meals are there to help when school's out."
  • To find free summer meals for youth 18 and under, families can text 'FOOD' or 'COMIDA' to 304-304 or visit NoKidHungry.org/Help or NoKidHungry.org/WhatsApp.

Alico, Inc. Announces Financial Results for the Second Quarter and Six Months Ended March 31, 2023

Retrieved on: 
Thursday, May 4, 2023

The Company’s average realized/blended price per pound solids for the six months ended March 31, 2023 increased by approximately 3.1%, as compared to the same period of the prior fiscal year.

Key Points: 
  • The Company’s average realized/blended price per pound solids for the six months ended March 31, 2023 increased by approximately 3.1%, as compared to the same period of the prior fiscal year.
  • Income from operations for the Land Management and Other Operations Division decreased for the six months ended March 31, 2023 by $0.4 million, compared to the six months ended March 31, 2022.
  • Other income (expense), net for the six months ended March 31, 2023 and 2022 was approximately $2.4 million and approximately $33.3 million, respectively.
  • On April 14, 2023 the Company paid a second quarter cash dividend of $0.05 per share on its outstanding common stock to stockholders of record as of March 31, 2023.

Seattle IRS Pandemic Relief Tax Credits Application Launched by Let Hutch Help

Retrieved on: 
Friday, April 28, 2023

Employers with between 10 and 500 W-2 employees can claim up to $26,000 per employee in IRS rebates using a new fast application service launched by Let Hutch Help and Jorns & Associates.

Key Points: 
  • Englewood, Colorado--(Newsfile Corp. - April 28, 2023) - A new pandemic relief application service, launched by a partnership between Jorns & Associates and Let Hutch Help, is helping Seattle, Washington and American employers to claim pandemic relief funds as an IRS reimbursement for wages paid in 2020 and 2021.
  • Employers can access the eligibility assessment, rebate application service, and funding estimates with no risk.
  • Any business that does not receive a rebate will not be charged at all by Jorns & Associates.
  • Let Hutch Help has included a simple no-risk eligibility test on its website that only asks three yes or no questions, it can be found here: http://go.lethutchhelp.com/ercchatwithus .

NYC Employee Retention Credit Application Service for Nonprofit, Churches Launched by Let Hutch Help

Retrieved on: 
Saturday, April 22, 2023

This new simplified eligibility assessment launched by Let Hutch Help allows organizations to determine if they qualify for Employee Retention Credit (ERC) rebates, using only "Yes or No" answers to three basic questions.

Key Points: 
  • This new simplified eligibility assessment launched by Let Hutch Help allows organizations to determine if they qualify for Employee Retention Credit (ERC) rebates, using only "Yes or No" answers to three basic questions.
  • NYC Employee Retention Credit Application Service for Nonprofit, Churches Launched by Let Hutch Help
    To view an enhanced version of this graphic, please visit:
    The recently launched eligibility assessment is available to any employer that operated a business during the recent pandemic, including startups and non-profit organizations, as well as churches, with no cost or obligation.
  • The application service provided by Let Hutch Help, in partnership with Jorns & Associates, can help employers to claim their maximum allowable rebates under the newest guidelines, which could be up to $26,000 per employee.
  • More information about the ERC program, the maximum allowable rebates, and the fast application service can be found at http://go.lethutchhelp.com/erc .

Verity Credit Union Awarded $2.4 million in CDFI Equitable Recovery Program Grant

Retrieved on: 
Monday, April 17, 2023

SEATTLE, April 17, 2023 /PRNewswire-PRWeb/ -- Verity Credit Union, an $859 million asset financial institution in Seattle that focuses on socially-responsible, community-rooted banking, announced today it was awarded a more than $2.4 million grant through the Equitable Recovery Program (ERP), established to support low- or moderate-income communities disproportionately impacted by the COVID-19 pandemic.

Key Points: 
  • Verity awarded a more than $2.4 million grant through the Equitable Recovery Program (ERP), established to support low- or moderate-income communities disproportionately impacted by the COVID-19 pandemic.
  • SEATTLE, April 17, 2023 /PRNewswire-PRWeb/ -- Verity Credit Union , an $859 million asset financial institution in Seattle that focuses on socially-responsible, community-rooted banking, announced today it was awarded a more than $2.4 million grant through the Equitable Recovery Program (ERP), established to support low- or moderate-income communities disproportionately impacted by the COVID-19 pandemic.
  • Verity joins other Community Development Financial Institutions (CDFI) nationwide in their commitment to partner with communities to develop and provide credit and financial products and services to underserved communities.
  • The Equitable Recovery Program Awards is part of the Consolidated Appropriations Act, 2021 (Act; Section 523 of Division N; Pub.

Fidelis Care Begins Member Education Campaign as Federal Continuous Coverage Requirement Comes to an End

Retrieved on: 
Thursday, April 6, 2023

LONG ISLAND CITY, N.Y., April 6, 2023 /PRNewswire/ -- Fidelis Care announced today it will begin an extensive educational outreach and awareness campaign to more than 2 million members across all 62 counties in New York State who will need to update their eligibility information to renew their health coverage for the first time in three years.

Key Points: 
  • The first renewal reminders were sent in March to individuals whose coverage ends June 30, 2023.
  • The return to an annual renewal process is a major change from the past three years, when coverage was extended automatically with no action needed by the member.
  • Over the next 12 months, Fidelis Care will work to help approximately 2 million members renew their coverage.
  • "Fidelis Care wants to ensure members continue to have access to the care and services they need," said Megan Woodward, Vice President, Member Retention.

Omeros Corporation Reports Fourth Quarter and Year-End 2022 Financial Results

Retrieved on: 
Monday, March 13, 2023

Net loss from continuing operations for the fourth quarter of 2022 was $46.0 million, or $0.73 cents per share.

Key Points: 
  • Net loss from continuing operations for the fourth quarter of 2022 was $46.0 million, or $0.73 cents per share.
  • During the fourth quarter of 2022, we earned royalties of $17.9 million on $35.8 million of Rayner sales of OMIDRIA.
  • Total costs and expenses for the fourth quarter of 2022 were $40.1 million compared to $50.8 million for the third quarter of 2022.
  • Interest expense during the fourth quarter of 2022 was $7.9 million, an increase of $3.0 million from the third quarter of 2022.