Cylinder Audio Archive

Acme United Reports Record Third Quarter Earnings of $0.58 Per Diluted Share

Retrieved on: 
Monday, October 23, 2023

Net sales for the nine months ended September 30, 2023 were $149.6 million compared to $149.8 million in the same period in 2022.

Key Points: 
  • Net sales for the nine months ended September 30, 2023 were $149.6 million compared to $149.8 million in the same period in 2022.
  • Net income was $2.2 million, or $0.58 per diluted share, for the three months ended September 30, 2023, compared to $64,000, or $0.02 per diluted share, for the same period in 2022.
  • Net income for the nine months ended September 30, 2023 was $6.6 million, or $1.83 per diluted share, compared to $3.6 million, or $0.96 per diluted share, for the same period in 2022, an increase of 82% in net income and 91% in diluted earnings per share.
  • However, demand in the third quarter of 2023 was lower than in the third quarter of last year for school and office products.

Helix Reports Third Quarter 2023 Results

Retrieved on: 
Monday, October 23, 2023

Overall Well Intervention vessel utilization increased to 92% during the third quarter 2023 compared to 84% during the prior quarter.

Key Points: 
  • Overall Well Intervention vessel utilization increased to 92% during the third quarter 2023 compared to 84% during the prior quarter.
  • Robotics revenues increased $5.6 million, or 8%, during the third quarter 2023 compared to the prior quarter.
  • Integrated vessel trenching days increased to 276 days during the third quarter 2023 compared to 194 days during the prior quarter.
  • ROV and trencher utilization increased to 67% during the third quarter 2023 compared to 66% during the third quarter 2022, and the third quarter 2023 included 276 days of integrated vessel trenching compared to 176 days during the third quarter 2022.

Acme United to Release Third Quarter 2023 Financial Results on October 23, 2023

Retrieved on: 
Monday, October 16, 2023

SHELTON, Conn., Oct. 16, 2023 (GLOBE NEWSWIRE) -- Acme United Corporation (NYSE American: ACU) will release its financial results for the Third Quarter of 2023 on Monday, October 23, 2023, at 9:00 AM Eastern Time.

Key Points: 
  • SHELTON, Conn., Oct. 16, 2023 (GLOBE NEWSWIRE) -- Acme United Corporation (NYSE American: ACU) will release its financial results for the Third Quarter of 2023 on Monday, October 23, 2023, at 9:00 AM Eastern Time.
  • A conference call to discuss these results will be broadcast over the internet on Monday, October 23, 2023, at 12:00 p.m. Eastern Time.
  • To listen to or participate in a question-and-answer session, dial 1-877-407-0784, international callers dial 1-201-689-8560, conference ID: 13741449.
  • Access to the live webcast of the conference call can be found in the Investor Relations section of the Company’s website, www.acmeunited.com .

Helix Announces Third Quarter 2023 Earnings Release Date and Conference Call Information

Retrieved on: 
Friday, October 13, 2023

Helix Energy Solutions Group, Inc. (NYSE: HLX) will issue a press release reporting its third quarter 2023 results on Monday, October 23, 2023, after the close of business.

Key Points: 
  • Helix Energy Solutions Group, Inc. (NYSE: HLX) will issue a press release reporting its third quarter 2023 results on Monday, October 23, 2023, after the close of business.
  • The press release and associated slide presentation will be available on Helix's website, www.helixesg.com .
  • Helix will review its third quarter 2023 results on Tuesday, October 24, 2023, at 9:00 a.m. Central Time via a live webcast and teleconference.
  • For more information about Helix, please visit our website at www.helixesg.com .

Covenant Logistics Group, Inc. Announces Timing Of Second Quarter Earnings Release And Conference Call

Retrieved on: 
Tuesday, October 3, 2023

CHATTANOOGA, Tenn., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (Nasdaq/GS: CVLG) announced its plans to release its second quarter earnings after 4:00 p.m. Eastern time on Wednesday, October 25, 2023.

Key Points: 
  • CHATTANOOGA, Tenn., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (Nasdaq/GS: CVLG) announced its plans to release its second quarter earnings after 4:00 p.m. Eastern time on Wednesday, October 25, 2023.
  • Covenant Logistics Group, Inc. will hold a live conference call to discuss its second quarter earnings release on Thursday, October 26, 2023, at 10:00 a.m. Eastern time.
  • Primary services include asset-based expedited and dedicated truckload capacity, as well as asset-light warehousing, transportation management, and freight brokerage capability.
  • In addition, Transport Enterprise Leasing is an affiliated company providing revenue equipment sales and leasing services to the trucking industry.

Helix Reports Second Quarter 2023 Results

Retrieved on: 
Wednesday, July 26, 2023

Well Intervention revenues increased $47.9 million, or 45%, during the second quarter 2023 compared to the second quarter 2022.

Key Points: 
  • Well Intervention revenues increased $47.9 million, or 45%, during the second quarter 2023 compared to the second quarter 2022.
  • The second quarter 2023 revenue increases were offset in part by lower utilization on the Q4000, which commenced its regulatory dry dock during the second quarter 2023.
  • Overall Well Intervention vessel utilization increased to 84% during the second quarter 2023 compared to 67% during the second quarter 2022.
  • The increases in operating cash flows quarter over quarter and year over year were primarily due to higher earnings, offset in part by higher regulatory certification costs for our vessels and systems during the second quarter 2023 compared to the prior quarter and to the second quarter 2022.

Acme United Reports 35% Increase in Earnings Per Share for Second Quarter of 2023

Retrieved on: 
Friday, July 21, 2023

Net income was $3.4 million, or $0.96 per diluted share, for the quarter ended June 30, 2023, compared to $2.7 million, or $0.71 per diluted share, for the same period in 2022, an increase of 26% in net income and 35% in diluted earnings per share.

Key Points: 
  • Net income was $3.4 million, or $0.96 per diluted share, for the quarter ended June 30, 2023, compared to $2.7 million, or $0.71 per diluted share, for the same period in 2022, an increase of 26% in net income and 35% in diluted earnings per share.
  • Chairman and CEO Walter C. Johnsen said, “I am very pleased with our strong increase in earnings in the second quarter.
  • As anticipated, due to inventory rebalancing by some customers, back-to-school sales were less than in the second quarter of last year.
  • Interest expense in the second quarter of 2023 increased $0.4 million from the second quarter of 2022 due to higher interest rates.

Helix Announces Second Quarter 2023 Earnings Release Date and Conference Call Information

Retrieved on: 
Friday, July 14, 2023

Helix Energy Solutions Group, Inc. (NYSE: HLX) will issue a press release reporting its second quarter 2023 results on Wednesday, July 26, 2023, after the close of business.

Key Points: 
  • Helix Energy Solutions Group, Inc. (NYSE: HLX) will issue a press release reporting its second quarter 2023 results on Wednesday, July 26, 2023, after the close of business.
  • The press release and associated slide presentation will be available on Helix's website, www.helixesg.com .
  • Helix will review its second quarter 2023 results on Thursday, July 27, 2023, at 9:00 a.m. Central Time via a live webcast and teleconference.
  • The live webcast will be available on our website under "For the Investor."

Acme United to Release Second Quarter 2023 Financial Results on July 21, 2023

Retrieved on: 
Friday, July 14, 2023

SHELTON, Conn., July 14, 2023 (GLOBE NEWSWIRE) -- Acme United Corporation (NYSE American: ACU) will release its financial results for the second quarter of 2023 on Friday, July 21, 2023 at 9:00 AM Eastern Time.

Key Points: 
  • SHELTON, Conn., July 14, 2023 (GLOBE NEWSWIRE) -- Acme United Corporation (NYSE American: ACU) will release its financial results for the second quarter of 2023 on Friday, July 21, 2023 at 9:00 AM Eastern Time.
  • A conference call to discuss these results will be broadcast over the internet on Friday, July 21, 2023 at 12:00 p.m. Eastern Time.
  • To listen to or participate in a question-and-answer session, dial 1-877-407-0784 (international callers dial 1-201-689-8560), conference ID: 13739222.
  • Acme United Corporation is a leading worldwide supplier of innovative safety solutions and cutting technology to the school, home, office, hardware, sporting goods and industrial markets.

Covenant Logistics Group, Inc. Announces Timing of Second Quarter Earnings Release and Conference Call

Retrieved on: 
Monday, July 3, 2023

CHATTANOOGA, Tenn., July 03, 2023 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (Nasdaq/GS: CVLG) announced its plans to release its second quarter earnings after 4:00 p.m. Eastern Time on Wednesday, July 26, 2023.

Key Points: 
  • CHATTANOOGA, Tenn., July 03, 2023 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (Nasdaq/GS: CVLG) announced its plans to release its second quarter earnings after 4:00 p.m. Eastern Time on Wednesday, July 26, 2023.
  • Covenant Logistics Group, Inc. will hold a live conference call to discuss its second quarter earnings release on Thursday, July 27, 2023, at 10:00 a.m. Eastern Time.
  • Primary services include asset-based expedited and dedicated truckload capacity, as well as asset-light warehousing, transportation management, and freight brokerage capability.
  • In addition, Transport Enterprise Leasing is an affiliated company providing revenue equipment sales and leasing services to the trucking industry.