LMM | Jotup

MAIN STREET ANNOUNCES FIRST QUARTER 2024 RESULTS

Retrieved on:

星期四, 五月 9, 2024

Investment, Depreciation, MSC, Security (finance), Tax, LMM, Growth, Overalls, Bank

HOUSTON, May 9, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce its financial results for the first quarter ended March 31, 2024. Unless otherwise noted or the context otherwise indicates, the terms "we," "us," "our" and the "Company" refer to Main Street and its consolidated subsidiaries.

Key Points:

During the first quarter of 2024, the External Investment Manager earned $5.7 million of management fee income, an increase of $0.2 million from the first quarter of 2023, and incentive fees of $3.9 million, an increase of $0.6 million from the first quarter of 2023.
The External Investment Manager ended the first quarter of 2024 with total assets under management of $1.5 billion.
Main Street has scheduled a conference call for Friday, May 10, 2024 at 10:00 a.m. Eastern Time to discuss the first quarter 2024 financial results.
For a more detailed discussion of the financial and other information included in this press release, please refer to the Main Street Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2024 to be filed with the Securities and Exchange Commission ( www.sec.gov ) and Main Street's First Quarter 2024 Investor Presentation to be posted on the investor relations section of the Main Street website at https://www.mainstcapital.com .

Ready Capital Corporation Reports First Quarter 2024 Results

Retrieved on:

星期三, 五月 8, 2024

Transfer, Total, Small business, RC, Investment, ASC, MBS, Business, Microsoft, LMM, REIT, Small Business Administration, Calendar, GAAP, Growth, Bank

NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- Ready Capital Corporation (“Ready Capital” or the “Company”) (NYSE: RC), a multi-strategy real estate finance company that originates, acquires, finances, and services lower-to-middle-market (“LMM”) investor and owner occupied commercial real estate loans, today reported financial results for the quarter ended March 31, 2024.

Key Points:

NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- Ready Capital Corporation (“Ready Capital” or the “Company”) (NYSE: RC), a multi-strategy real estate finance company that originates, acquires, finances, and services lower-to-middle-market (“LMM”) investor and owner occupied commercial real estate loans, today reported financial results for the quarter ended March 31, 2024.
“We continue to address the challenges caused by the current recession in commercial real estate,” said Thomas Capasse, Ready Capital’s Chairman and Chief Executive Officer.
In addition to the results presented in accordance with U.S. GAAP, this press release includes distributable earnings, formerly referred to as core earnings, which is a non-U.S. GAAP financial measure.
The table below reconciles Net Income computed in accordance with U.S. GAAP to Distributable Earnings.

Main Street Announces Preliminary Estimate of First Quarter 2024 Operating Results

Retrieved on:

星期二, 四月 16, 2024

Internet, Investment, Policy, NAV, NII, Software, Webcast, LMM, Growth, Bank

HOUSTON, April 16, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street" or the "Company") is pleased to announce its preliminary operating results for the first quarter of 2024 and its first quarter 2024 earnings release and conference call schedule.

Key Points:

HOUSTON, April 16, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street" or the "Company") is pleased to announce its preliminary operating results for the first quarter of 2024 and its first quarter 2024 earnings release and conference call schedule.
Based upon the continued strength of our performance in the first quarter, we expect another meaningful supplemental dividend to be paid in the second quarter of 2024.
Main Street's first quarter 2024 results will be released on Thursday, May 9, 2024, after the financial markets close.
A replay of the conference call will be available on Main Street's website shortly after the call and will be accessible until the date of Main Street's earnings release for the next quarter.

Remark AI Launches its Large Multimodal Model (LMM) AI-Powered Aviation Safety Platform (ASP)

Retrieved on:

星期三, 三月 27, 2024

Tao, Microsoft, Azure, LMM, Partnership, Artificial intelligence, Boeing, Transport, AI, LAS, ASP, Marketing, Accident, OTCQX, Safety, TACS, Collection, AIK, LIDAR, Aero, Weather

LAS VEGAS, March 27, 2024 /PRNewswire/ -- Remark Holdings, Inc. (OTCQX: MARK), a diversified global technology company with leading artificial intelligence ("AI") powered computer vision solutions, today announced the release of its Large Multimodal Model (LMM) AI-Powered Aviation Safety Platform (ASP). Remark AI developed the ASP to safely reduce inspection times associated with aircraft engine maintenance as well as provide anti-collision tools for aircraft towing and other functionalities, all while improving the collection and reporting of essential performance data in a multi-modal format.

Key Points:

Top ten global airline has adopted and implemented the Aviation Safety Platform after eighteen months of rigorous testing.
Recent Sales and Marketing distribution agreements with Microsoft Azure help speed deployment and adoption among Microsoft's global aviation clients so that Remark AI's Aviation Safety Platform (ASP) can reduce potential accidents and incidents from happening.
LAS VEGAS, March 27, 2024 /PRNewswire/ -- Remark Holdings, Inc. (OTCQX: MARK), a diversified global technology company with leading artificial intelligence ("AI") powered computer vision solutions, today announced the release of its Large Multimodal Model (LMM) AI-Powered Aviation Safety Platform (ASP).
"Having first launched Remark AI's Railway and now Aviation Safety Platforms, it speaks to the strength of the multi-modal AI platform.

Ready Capital Corporation Reports Fourth Quarter 2023 Results

Retrieved on:

星期二, 二月 27, 2024

Transfer, Acquisition, Total, ASC, Small business, Small Business Administration, REIT, Calendar, MBS, GAAP, LMM, RC, Microsoft, Bank

NEW YORK, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Ready Capital Corporation (“Ready Capital” or the “Company”) (NYSE: RC), a multi-strategy real estate finance company that originates, acquires, finances, and services lower-to-middle-market (“LMM”) investor and owner occupied commercial real estate loans, today reported financial results for the quarter ended December 31, 2023.

Key Points:

NEW YORK, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Ready Capital Corporation (“Ready Capital” or the “Company”) (NYSE: RC), a multi-strategy real estate finance company that originates, acquires, finances, and services lower-to-middle-market (“LMM”) investor and owner occupied commercial real estate loans, today reported financial results for the quarter ended December 31, 2023.
“We continue to make progress on our business strategy of repositioning the capital acquired in our merger with Broadmark Realty Capital into our core lending strategies despite current challenges in the commercial real estate sector,” said Thomas Capasse, Ready Capital’s Chairman and Chief Executive Officer.
Certain MBS positions are considered to be non-distributable due to a variety of reasons which may include collateral type, duration, and size.
Servicing rights relating to the Company’s small business commercial business are accounted for under ASC 860, Transfer and Servicing.

Cloud Music Inc. Reports Fiscal Year 2023 Financial Results

Retrieved on:

星期四, 二月 29, 2024

Apart from top-tier music content, we focused on our most advantageous music genres, such as hip-hop, fuelled by our initiatives in both copyrighted content and original music.

Key Points:

Apart from top-tier music content, we focused on our most advantageous music genres, such as hip-hop, fuelled by our initiatives in both copyrighted content and original music.
We also collaborated with our partners like Pepsi to launch annual music festivals and resumed campus tour music festivals, nurturing NetEase Cloud Music musicians.
In September 2023, we launched "Project Cloud Ladder 2023 – Phase 2"(云梯计划2023第二期) and introduced the new "Appreciation (赞赏)" feature for tipping.
Our in-house studios have recently launched several special music projects, aiming at producing and promoting in-house music, covering band music, hip-hop, R&B, pure music, as well as film music.

Main Street Announces Preliminary Estimate of Fourth Quarter 2023 Operating Results

Retrieved on:

星期三, 一月 17, 2024

Internet, Policy, Medicare, NAV, Software, Tax, Investment, Webcast, Internal Revenue Code, NII, RIC, LMM, IRC

HOUSTON, Jan. 17, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street" or the "Company") is pleased to announce its preliminary operating results for the fourth quarter of 2023, the federal tax treatment of its dividends paid in 2023 and its fourth quarter and full year 2023 earnings release and conference call schedule.

Key Points:

HOUSTON, Jan. 17, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street" or the "Company") is pleased to announce its preliminary operating results for the fourth quarter of 2023, the federal tax treatment of its dividends paid in 2023 and its fourth quarter and full year 2023 earnings release and conference call schedule.
In commenting on the Company's operating results for the fourth quarter of 2023, Dwayne L. Hyzak, Main Street's Chief Executive Officer, stated, "We are extremely pleased with our performance in the fourth quarter, which closed another record year for Main Street across several key financial metrics.
Main Street has posted information regarding the U.S. federal income tax characteristics of its dividends paid in 2023 on its website under "2023 Form 1099 Information" ( https://www.mainstcapital.com/tax-information ).
Main Street's fourth quarter and full year 2023 results will be released on Thursday, February 22, 2024, after the financial markets close.

Main Street Announces Preliminary Estimate of Third Quarter 2023 Operating Results

Retrieved on:

星期二, 十月 17, 2023

Investment, NYSE, LMM, NII, Internet, Webcast, Policy, Software, Main Street, NAV, Let Wall Street Pay for the Restoration of Main Street Bill, Sale, Bank

HOUSTON, Oct. 17, 2023 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street" or the "Company") is pleased to announce its preliminary operating results for the third quarter of 2023 and its third quarter 2023 earnings release and conference call schedule.

Key Points:

HOUSTON, Oct. 17, 2023 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street" or the "Company") is pleased to announce its preliminary operating results for the third quarter of 2023 and its third quarter 2023 earnings release and conference call schedule.
In commenting on the Company's operating results for the third quarter of 2023, Dwayne L. Hyzak, Main Street's Chief Executive Officer, stated, "We are pleased with our performance in the third quarter, which resulted in continued strong recurring operating results, a new record for net asset value per share for the fifth consecutive quarter and a return on equity of over 17%.
Based upon the continued strength of our performance in the third quarter, we expect another meaningful supplemental dividend to be paid in the fourth quarter of 2023.
Main Street's third quarter 2023 results will be released on Thursday, November 2, 2023, after the financial markets close.

WiMi Hologram Cloud Inc. Developed LMM-VFC Model to Support the Next Generation of IoT

Retrieved on:

星期三, 七月 19, 2023

Based on this, an intelligent migration model is proposed which can support virtual functional chains at the IoT networks.

Key Points:

Based on this, an intelligent migration model is proposed which can support virtual functional chains at the IoT networks.
This model enables AI models to be executed on heterogeneous networks and incorporates a QoS (Quality of Service) monitoring model for real-time migration.
The LMM-VFC model of WIMI is enhanced by the migration model.
Reducing bandwidth requirements and enabling real-time processing of data, the LMM-VFC model enables an intelligent model that supports VFC in the next generation of IoT.

Main Street Announces Preliminary Estimate of First Quarter 2023 Operating Results

Retrieved on:

星期二, 四月 18, 2023

Main Street, Webcast, LMM, Internet, NAV, Investment, Software, NYSE, NII, Let Wall Street Pay for the Restoration of Main Street Bill, Bank

HOUSTON, April 18, 2023 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street" or the "Company") is pleased to announce its preliminary operating results for the first quarter of 2023 and its first quarter 2023 earnings release and conference call schedule.

Key Points:

HOUSTON, April 18, 2023 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street" or the "Company") is pleased to announce its preliminary operating results for the first quarter of 2023 and its first quarter 2023 earnings release and conference call schedule.
Main Street's preliminary estimates of first quarter 2023 net investment income ("NII") is $1.01 to $1.03 per share and distributable net investment income ("DNII"), which is NII before non-cash compensation expenses, is $1.06 to $1.08 per share.
As a result of Main Street's preliminary estimates of net investment income and net changes in the fair market value of its investment portfolio as noted above, Main Street estimates that it generated a quarterly annualized return on equity for the first quarter of 2023 of 14% to 15%.
Main Street's first quarter 2023 results will be released on Thursday, May 4, 2023, after the financial markets close.