Earnings Releases

BROWN & BROWN, INC. reported the first quarter ended March 31, 2024 results: revenue $1,258 million, net income $293 million, EPS $1.02.

“by specific reference in such filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Brown & Brown, Inc. announces first quarter 2024 results, including total revenues of $1,258 million, an increase of 12.7%; Organic Revenue growth of 8.6%; diluted net income per share of $1.02; Diluted Net Income Per Share - Adjusted of $1.14; and a quarterly dividend of $0.13”

NBT BANCORP INC reported the quarter ended March 31, 2024 results: net income $33.8 million, EPS $0.71 per diluted common share.

“Net income for the three months ended March 31, 2024 was $33.8 million, or $0.71 per diluted common share”

HBT Financial, Inc. reported the first quarter ended March 31, 2024 results: net income $15.3 million, EPS $0.48 per diluted share.

“HBT Financial, Inc. (NASDAQ: HBT) (the “Company” or “HBT Financial” or “HBT”), the holding company for Heartland Bank and Trust Company, today reported net income of $15.3 million, or $0.48 diluted earnings per share, for the first quarter of 2024.”

CLEVELAND-CLIFFS INC. reported first quarter ended March 31, 2024 results: revenue $5.2 billion, net income $53 million, EPS $0.14 per diluted share. Guidance reaffirmed.

“reported first-quarter results for the period ended March 31, 2024. First Quarter 2024 Highlights • Repurchased 30.4 million shares, or 6% of total outstanding • Revenues of $5.2 billion • Steel shipments of 3.9 million net tons • GAAP net loss of $53 million and adjusted net income 1 of $87 million • Adjusted EPS 1 of $0.18 per diluted share • Adjusted EBITDA 2”

WASHINGTON TRUST BANCORP INC reported first quarter 2024 results: net income $10.9 million, EPS $0.64 per diluted share.

“Washington Trust Bancorp, Inc. (Nasdaq: WASH), parent company of The Washington Trust Company, today announced first quarter 2024 net income of $10.9 million, or $0.64 per diluted share”

NUCOR CORP reported first quarter of 2024 results: revenue $8.14 billion, net income $844.8 million, EPS $3.46 per diluted share. Guidance reaffirmed.

“Nucor’s consolidated net sales were $8.14 billion in the first quarter of 2024”

VERIZON COMMUNICATIONS INC reported first quarter 2024 results: revenue $33.0 billion, net income $4.7 billion, EPS $1.09.

“earnings per share of $1.17 in first-quarter 2023; adjusted EPS 1 , excluding special items, of $1.15, compared with $1.20 in first-quarter 2023. • Total operating revenue of $33.0 billion, up 0.2 percent from first-quarter 2023. • Consolidated net income for the first quarter of $4.7 billion, compared to consolidated net income of $5.0 billion in first-quarter”

CAPITAL CITY BANK GROUP INC reported first quarter of 2024 results: net income $12.6 million, EPS $0.74 per diluted share.

“Capital City Bank Group, Inc. (NASDAQ: CCBG) today reported net income attributable to common shareowners of $12.6 million, or $0.74 per diluted share, for the first quarter of 2024”

COMMUNITY BANCORP /VT reported first quarter ended March 31, 2024 results: net income $2.8 million, EPS $0.51 per share.

“Community Bancorp. Reports First Quarter 2024 Earnings For immediate release Derby, VT: April 22, 2024 --- Community Bancorp., (OTCQX:CMTV) Community National Bank reported earnings for the first quarter ended March 31, 2024, of $2.8 million or $0.51 per share”

GLOBE LIFE INC. reported first quarter 2024 results: net income $2.67 per diluted common share.

“On April 22, 2024 , Globe Life Inc. issued a press release announcing its first quarter 2024 financial results.”

Crane Co reported first quarter of 2024 results: revenue $565, EPS $1.12. Guidance raised.

“6% compared to last year. Summary of First Quarter 2024 Results from Continuing Operations First Quarter Change (unaudited, dollars in millions) 2024 2023 $ % Net sales $565 $514 $ 52 10 % Core sales 24 5 % Acquisitions 26 5 % Foreign exchange 2 0 % Operating profit $89 $78 $ 12 15 % Adjusted operating profit* $97 $91 $ 6 6 % Operating profit margin”

Informatica Inc. updated its first quarter 2024, ended March 31, 2024 guidance (reaffirmed).

“Informatica, Inc. (the “Company”) issued a press release providing an update on its financial outlook for the first quarter 2024, ended March 31, 2024. The Company expects that first quarter GAAP Total Revenues, Subscription ARR, Cloud Subscription ARR and Non-GAAP Operating Income to be all within the upper half of the guidance ranges previously provided by the Company in its February 14, 2024 earnings press release. In addition, the Company expects to report Adjusted Unlevered Free Cash Flow (after-tax) that significantly exceeds 100% of Non-GAAP Operating Income. The Company also reaffirmed its full-year 2024 financial outlook.”

iLearningEngines, Inc. reported financial results for the fourth quarter and fiscal year ended December 31, 2023.

“On April 22, 2024, the Company issued an earnings release to announce its financial results for the fourth quarter and fiscal year ended December 31, 2023.”

Aterian, Inc. reported first quarter ended March 31, 2024 results: revenue $20.0 million to $21.0 million. Guidance reaffirmed.

“EXHIBIT 99.1 ex_657619.htm Exhibit 99.1 Aterian Announces Improved First Quarter 2024 Net Revenue and Adjusted EBITDA Ranges First Quarter Net Revenue Range Improved to $20.0 Million to $21.0 Million First Quarter Adjusted EBITDA Loss Range Improved to ($2.4) Million to ($2.9) Million NEW YORK, April 22, 2024 – Aterian, Inc. (Nasdaq: ATER) (“Aterian” or the”

Golub Capital BDC 3, Inc. reported its second fiscal quarter ended March 31, 2024 results: net income $ 0.38 $ 0.40, EPS $ 0.51 $ 0.55.

“On April 22, 2024, Golub Capital BDC 3, Inc. announced certain preliminary estimates of its financial condition and results of operations for its second fiscal quarter ended March 31, 2024.”

GameSquare Holdings, Inc. reported twelve-months ended December 31, 2023 results: revenue $52.0 million, net income $31.3 million. Guidance initiated.

“such filing. --- EX-99.1 () --- EX-99.1 2 ex99-1.htm Exhibit 99.1 GameSquare Holdings Reports 2023 Results Revenue increased 85% year-over-year to an annual record of $52 million, reflecting the contribution from the Engine Gaming acquisition, and organic growth April 16, 2024, FRISCO, TX – GameSquare Holdings, Inc. (NASDAQ: GAME), (“GameSquare”, or the”

MainStreet Bancshares, Inc. reported first quarter of 2024 results: net income net income of $2.77 million.

“MainStreet Bancshares, Inc. (Nasdaq: MNSB & MNSBP), the holding company for MainStreet Bank, reported net income of $2.77 million for the first quarter of 2024.”

Medpace Holdings, Inc. reported financial results for the three months ended March 31, 2024.

“On April 22, 2024, Medpace Holdings, Inc. (the “Company”) issued a press release announcing its financial results for the three months ended March 31, 2024.”

Albertsons Companies, Inc. reported the 12 and 52 weeks ended February 24, 2024 results: net income $250.5 million or $0.43 per share, EPS $0.43 per share.

“On April 22, 2024, Albertsons Companies, Inc. issued a press release announcing its financial results for the 12 and 52 weeks ended February 24, 2024.”

Rithm Property Trust Inc. reported quarter ended March 31, 2024 results: net income GAAP consolidated net loss attributable to common stockholders of between $(58.7) million or $(1.90) per common share an, EPS between $(1.90) and $(2.06) per common share.

“For the quarter ended March 31, 2024, Great Ajax estimates a GAAP consolidated net loss attributable to common stockholders of between $(58.7) million or $(1.90) per common share and $(63.2) million or $(2.06) per common share compared to $(23.2) million or $(0.86) per common share for the quarter ended December 31, 2023.”

Cidara Therapeutics, Inc. reported the fourth quarter and full year ended December 31, 2023 results: revenue $17.6 million and $63.9 million.

“a Top Workplace by The San Diego Union-Tribune for the sixth year, ranking among the top 100 companies. Fourth Quarter and Full Year 2023 Financial Results • Revenue totaled $17.6 million and $63.9 million for the three months and full year ended December 31, 2023, respectively, compared with $10.2 million and $64.4 million for the same periods in 2022. Revenue”

Investar Holding Corp reported the quarter ended March 31, 2024 results: net income $4.7 million, EPS $0.48 per diluted common share.

“Investar reported net income of $4.7 million, or $0.48 per diluted common share, for the first quarter of 2024”

LogicMark, Inc. reported financial results for the fourth quarter and fiscal year ended December 31, 2023.

“On April 18, 2024, LogicMark, Inc., a Nevada corporation (the “Company”), issued a press release announcing its financial and operational results for the fourth quarter and fiscal year ended December 31, 2023”

Oportun Financial Corp reported first quarter ended March 31, 2024 results: revenue $248 - $250 million, net income $(30) - $(26) million.

“Rate, 30+ Day Delinquency Rate, Net Loss, Adjusted EBITDA and Adjusted Net Income, for the first quarter as follows: Metric Preliminary Guidance 1Q24 1Q24 1Q23 Total Revenue $248 - $250 million $233 - $238 million $259.5 million Annualized Net Charge-Off Rate 12.0% 12.1% +/- 15 bps 12.1% 30+ Day Delinquency Rate 5.2% 5.1% - 5.3% 2 5.5% Net Income (Loss)”

Tronox Holdings plc reported the quarter ended March 31, 2024 results: revenue $774 million, net income $9 million net loss. Guidance raised.

“term loan tranches, today released selected preliminary unaudited financial results for the quarter ending March 31, 2024. For Q1 2024, Tronox’s revenue is expected to be $774 million, an increase of 9% compared to the prior year or 13% compared to the prior quarter , net loss is expected to be $9 million, and Adjusted EBITDA is expected to be $131 million,”

RBB Bancorp reported quarter ended December 31, 2023 results: net income $12.1 million, EPS $0.64 diluted earnings per share.

“The Company reported net income of $8.0 million, or $0.43 diluted earnings per share, for the quarter ended March 31, 2024, compared to net income of $12.1 million, or $0.64 diluted earnings per share, for the quarter ended December 31, 2023.”

RBB Bancorp reported quarter ended March 31, 2024 results: net income $8.0 million, EPS $0.43 diluted earnings per share.

“The Company reported net income of $8.0 million, or $0.43 diluted earnings per share, for the quarter ended March 31, 2024, compared to net income of $12.1 million, or $0.64 diluted earnings per share, for the quarter ended December 31, 2023.”

LiveOne, Inc. reported fiscal year ended March 31, 2024 results: revenue $118.5M. Guidance reaffirmed.

“FY24: Expects $118.5M revenue, $14.4M Adjusted EBITDA* (excluding $3.5M CPS division loss)”

GOLUB CAPITAL BDC, Inc. reported preliminary financial results for second fiscal quarter ended March 31, 2024.

“Golub Capital BDC, Inc. issued a press release announcing certain preliminary estimates of its financial condition and results of operations for its second fiscal quarter ended March 31, 2024.”

Northwest Bancshares, Inc. reported First Quarter 2024 results: net income $29 million, EPS $0.23 per diluted share.

“Northwest Bancshares, Inc., (the “Company”), (NasdaqGS: NWBI) announced net income for the quarter ended March 31, 2024 of $29 million, or $0.23 per diluted share.”

Oak Valley Bancorp reported For the three months ended March 31, 2024 results: net income 5,727,000, EPS 0.69.

“For the three months ended March 31, 2024, consolidated net income was $5,727,000, or $0.69 per diluted share (EPS).”

ServisFirst Bancshares, Inc. reported the quarter ended March 31, 2024 results: net income $ 50,026, EPS $ 0.92.

“announced earnings and operating results for the quarter ended March 31, 2024”

AGNC Investment Corp. reported the quarter ended March 31, 2024 results: net income $0.59 net income per common share, EPS $0.59 net income per common share.

“The press release included the following financial information for the quarter: • Total comprehensive income for the first quarter of 2024 of $0.48 per share of common stock, comprised of $0.59 net income per common share and $(0.11) other comprehensive loss (“OCI”) per common share on investments marked-to-market through OCI; • Tangible net book value of $8.84 per share of common stock as of March 31, 2024, which amount excludes $526 million, or $0.73 per common share, of goodwill as of March 31, 2024; • $63.3 billion fair value of its investment portfolio as of March 31, 2024, inclusive of net forward purchases and sales of agency mortgage-backed securities, in the “to-be-announced” (“TBA”) market; • Tangible net book value “at risk” leverage ratio was 7.1x as of March 31, 2024.”

Capital Bancorp Inc reported the three months ended March 31, 2024 results: net income $6.6 million, EPS $0.47 per diluted share.

“Capital Bancorp, Inc. Reports First Quarter 2024 Results • Net Income of $6.6 million, or $0.47 per share.”

CALIX, INC reported financial results for first quarter ended March 30, 2024.

“On April 22, 2024, Calix, Inc. (the “Company”) issued a press release announcing it has publicly disseminated a stockholder letter with its financial results for the first quarter ended March 30, 2024.”

LAKE SHORE BANCORP, INC. reported the 2024 first quarter results: net income $1.0 million, or $0.17 per diluted share, EPS $0.17 per diluted share.

“Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), reported unaudited net income of $1.0 million, or $0.17 per diluted share, for the 2024 first quarter compared to net income of $1.7 million, or $0.29 per diluted share, for the 2023 first quarter.”

SIERRA BANCORP reported the quarter ended March 31, 2024 results: net income $9.3 million, EPS $0.64 per diluted share.

“Sierra Bancorp reported consolidated net income of $9.3 million, or $0.64 per diluted share, for the first quarter of 2024”

MODEL N, INC. reported preliminary financial results for second fiscal quarter ended March 31, 2024.

“On April 22, 2024, Model N, Inc. (“Model N”) made available an investor presentation regarding the proposed transaction with affiliates of Vista Equity Partners, which provides certain preliminary, unaudited financial estimates for the second fiscal quarter ended March 31, 2024.”

HEALTHSTREAM INC reported first quarter ended March 31, 2024 results: revenue Revenues of $72.8 million in the first quarter of 2024, net income Net income of $5.2 million in the first quarter of 2024, EPS Earnings per share (EPS) of $0.17 per share (diluted) in the first quarter of 2024. Guidance reaffirmed.

“HealthStream, Inc. (the "Company") issued a press release announcing results of operations for the first quarter ended March 31, 2024 and reaffirming guidance for the full year 2024”

ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ reported financial results for the quarter ended March 31, 2024.

“On April 22, 2024, Zions Bancorporation, National Association (“the Bank”) announced its financial results for the quarter ended March 31, 2024”

PEOPLES BANCORP OF NORTH CAROLINA INC reported first quarter 2024 results: net income $3.9 million, EPS $0.74 per share and $0.72 per diluted share.

“Peoples Bancorp of North Carolina, Inc. (NASDAQ: PEBK) (the “Company”), the parent company of Peoples Bank (the “Bank”), reported first quarter 2024 results with highlights as follows: First quarter 2024 highlights: · Net earnings were $3.9 million or $0.74 per share and $0.72 per diluted share for the three months ended March 31, 2024, compared to $3.2 million or $0.58 per share and 0.56 per diluted share for the same period one year ago.”

SMARTFINANCIAL INC. reported the first quarter of 2024 results: net income $9.4 million, EPS $0.55 per diluted common share.

“SmartFinancial, Inc. ("SmartFinancial" or the "Company"; NYSE: SMBK), today announced net income of $9.4 million, or $0.55 per diluted common share, for the first quarter of 2024”

ALEXANDRIA REAL ESTATE EQUITIES, INC. reported financial results for first quarter ended March 31, 2024.

“On April 22, 2024, Alexandria Real Estate Equities, Inc. (the “Company”) issued a press release entitled “Alexandria Real Estate Equities, Inc. Reports First Quarter Ended March 31, 2024 Financial and Operating Results.””

ENTERPRISE FINANCIAL SERVICES CORP reported first quarter 2024 results: net income $40.4 million, EPS $1.05 per diluted common share.

“On April 22, 2024, Enterprise Financial Services Corp (the "Company" or "EFSC") issued a press release announcing financial information for the quarter ended March 31, 2024.”

NORWOOD FINANCIAL CORP reported three months ended March 31, 2024 results: net income $4,433,000, EPS $0.55.

“Norwood Financial Corp (the “Company”) issued a press release announcing its earnings for the quarter ended March 31, 2024.”

AMCON DISTRIBUTING CO reported its second fiscal quarter ended March 31, 2024 results: net income net income available to common shareholders of $0.5 million, EPS fully diluted earnings per share of $0.89.

“AMCON Distributing Company (“AMCON” or “the Company”) (NYSE American: DIT), an Omaha, Nebraska based Convenience and Foodservice Distributor, is pleased to announce fully diluted earnings per share of $0.89 on net income available to common shareholders of $0.5 million for its second fiscal quarter ended March 31, 2024.”

HMN FINANCIAL INC reported quarter ended March 31, 2024 results: revenue $7.3 million, net income $1.3 million, EPS $0.30.

“First Quarter Summary ● Net income of $1.3 million, down $0.3 million, from $1.6 million for first quarter of 2023 ● Diluted earnings per share of $0.30, down $0.07, from $0.37 for first quarter of 2023 ● Net interest income of $7.3 million, down $0.8 million, from $8.1 million for first quarter of 2023”

C & F FINANCIAL CORP reported first quarter of 2023 results: net income $6.5 million, EPS $1.86.

“C&F Financial Corporation (the Corporation) (NASDAQ: CFFI), the holding company for C&F Bank, today reported consolidated net income of $3.4 million for the first quarter of 2024, compared to $6.5 million for the first quarter of 2023.”

C & F FINANCIAL CORP reported first quarter of 2024 results: net income $3.4 million, EPS $1.01.

“C&F Financial Corporation (the Corporation) (NASDAQ: CFFI), the holding company for C&F Bank, today reported consolidated net income of $3.4 million for the first quarter of 2024, compared to $6.5 million for the first quarter of 2023.”

SLB LIMITED/NV reported first-quarter 2024 results: revenue $8.71 billion, net income $1.07 billion, EPS $0.74. Guidance reaffirmed.

“--- EX-99 (EX-99) --- EX-99 Exhibit 99 News Release SLB Announces First-Quarter 2024 Results, Targeting to Return $7 Billion to Shareholders Over 2024–2025 • Revenue of $8.71 billion increased 13% year on year • GAAP EPS of $0.74 increased 14% year on year • EPS, excluding charges and credits, of $0.75 increased 19% year on year • Net income attributable to”