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FIS Hosts 2024 Investor Day: Outlines Strategy and Provides Medium-Term Outlook
JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial technology, will host its Investor Day today at 8:30 a.m. Eastern Time. Stephanie Ferris, CEO and President, James Kehoe, CFO, and other members of the executive team will discuss the company’s plans to deliver its next phase of sustainable and profitable growth. FIS yesterday reported first quarter 2024 earnings results and raised its full-year 2024 financial outlook. Today, FIS leadership will provide details
American Express Global Business Travel Reports Strong Q1 2024 Financial Results and Reiterates 2024 Outlook
NEW YORK--(BUSINESS WIRE)--American Express Global Business Travel Reports Strong Q1 2024 Financial Results and Reiterates 2024 Outlook
Comvest Credit Partners Provides $70 Million Senior Credit Facility to Nationwide Energy Partners to Support Growth Strategy
WEST PALM BEACH, Fla.--(BUSINESS WIRE)-- #Comvest--Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent and is the Sole Lender on a $70 million senior secured credit facility (the “Financing”) for Nationwide Energy Partners (“NEP”, or the “Company”), an Ohio-based provider of utility management services to the multifamily market. The Financing will be used to retire existi
MoneyLion Announces First Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--MoneyLion Inc. (“MoneyLion”) (NYSE: ML), a leader in financial technology powering the next generation of personalized products, content and marketplace technology, today announced financial results for the first quarter ended March 31, 2024. MoneyLion will host a conference call and webcast at 8:30 a.m. ET today. An earnings presentation and link to the webcast are available at investors.moneylion.com. “Our results in the first quarter of 2024 reflect MoneyLion’s con
Palmer Square Capital BDC Inc. Announces First Quarter 2024 Financial Results and Declares Second Quarter 2024 Base Dividend Distribution of $0.42 Per Share
MISSION WOODS, Kan.--(BUSINESS WIRE)--Palmer Square Capital BDC Inc. (NYSE: PSBD) ("PSBD" or the "Company"), an externally managed business development company, today announced its financial results for the first quarter ended March 31, 2024. Financial and Operating Highlights Total investment income of $34.8 million for the first quarter of 2024, compared to $26.2 million for the prior year period Net investment income of $16.3 million or $0.52 per share for the first quarter of 2024, as compa
Turnspire Capital Partners to Acquire Ashland Nutraceuticals Business
NEW YORK--(BUSINESS WIRE)--Turnspire Capital Partners LLC (“Turnspire”) announced today that an affiliate has signed a definitive agreement to acquire the nutraceuticals business of Ashland Inc. (NYSE: ASH) (“Ashland Nutraceuticals” or the “Business”). Ashland Nutraceuticals is a leading provider of proprietary nutrition ingredients and custom formulation services that supplies a broad portfolio of both active ingredients and formulation aids to nutritional product companies. The Business also
Macrae Names Leah Guggenheimer Chief Operating Officer
NEW YORK--(BUSINESS WIRE)-- #COO--Macrae, a premier transatlantic legal search firm that places partners and groups at the world’s leading law firms, is pleased to announce that Leah Guggenheimer has been appointed Chief Operating Officer. She will be based in New York. Guggenheimer brings to Macrae over 20 years of leadership experience driving operational efficiency and process improvement at leading companies in the legal and financial services space. She was previously Managing Director, Core Serv
ABBYY Hosts AI Summit at Emirates Stadium to Celebrate the Game-Changing Future of Artificial Intelligence
LONDON--(BUSINESS WIRE)-- #AI--ABBYY, a leader in purpose-built AI for intelligent automation, announced its inaugural AI Summit London, which will take place at Emirates Stadium.
CPI Card Group Inc. Reports First Quarter 2024 Results
LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. Reports First Quarter 2024 Results
Angel Oak Mortgage REIT, Inc. Reports First Quarter 2024 Financial Results
ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company,” “we,” and “our”), a leading real estate finance company focused on acquiring and investing in first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market, today reported financial results for the first quarter of 2024. First Quarter Highlights Q1 2024 GAAP net income of $12.9 million, or $0.51 per diluted share of common stock. Q1 2024 Distributable Earnings of $2.8 million, or $0.11 p
Novanta Announces Financial Results for the First Quarter 2024
BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (“Novanta” or the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, today reported financial results for the first quarter 2024. Financial Highlights Three Months Ended (In millions, except per share amounts) March 29, March 31, 2024 2023 GAAP Revenue $ 230.9 $ 219.1 Operating Income $ 25.6 $ 26.3 Net Income $ 14.7 $ 18.3 Diluted EPS $ 0.41
Real Matters Announces Changes to its Board of Directors
TORONTO--(BUSINESS WIRE)--Real Matters Inc. (“Real Matters” or the “Company”), a leading network management services provider for the mortgage lending and insurance industries, today announced that Lisa Melchior will be stepping down after serving on the Real Matters Board since 2017. The Company also announced the appointment of Kay Brekken to its Board of Directors. Ms. Brekken will succeed Ms. Melchior as a member of the Compensation, Nomination and Governance Committee. The changes are effe
MarketAxess Reports First Quarter 2024 Financial Results
NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced financial results for the first quarter ended March 31, 2024. 1Q24 select financial and operational highlights* Total revenues of $210.3 million, up 3.5%, includes Pragma revenues of $7.5 million and an increase of approximately $0.8 million from the impact of foreign currency fluctuations. Strong growth in U.S. high-grade commis
Emerald Reports First Quarter 2024 Financial Results
NEW YORK--(BUSINESS WIRE)--Emerald Holding, Inc. (NYSE: EEX) (“Emerald” or the “Company”), America’s largest producer of trade shows and their associated conferences, content and commerce, today reported financial results for the first quarter ended March 31, 2024. Financial Highlights Revenues of $133.4 million for the first quarter 2024, an increase of $11.1 million, or 9.1% over Q1 2023, primarily due to growth in events and a new acquisition. Organic Revenues, a non-GAAP measure, which take
Carrington Mortgage Services Hires Steven Winokur to Continue Its Commitment to Non-QM
ANAHEIM, Calif.--(BUSINESS WIRE)-- #housing--Non-QM veteran Steven Winokur joins Carrington Mortgage Services to reinforce its expertise in the non-agency loan space.
Monomoy Forms Partnership with Leading Residential Exterior Services Platform Southern Exteriors
NEW YORK--(BUSINESS WIRE)--Monomoy Capital Partners, a private investment firm focused on the middle market, announced today an investment in Southern Exteriors, a full-service installer of exterior building solutions tailored primarily for single-family homebuilders in the Southeastern United States. Management team members, including Southern Exteriors CEO and Founder Aaron Kuhn, will continue to own a meaningful stake in the company. Founded in 2000, Southern Exteriors is one of the premier
Hercules Capital Announces Upcoming Event for the Financial Community
PALO ALTO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that members of the executive management team will be participating at the following event for the financial community: Wells Fargo 2024 Financial Services Investor Conferen
Monroe Capital Supports LLR Partners and FTV Capital’s Investment in ParkHub and JustPark Merger
CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the merger and future growth of ParkHub and JustPark by LLR Partners and FTV Capital. Based in Dallas, TX, ParkHub is a leading provider of parking management software and payments solutions, including facilitating payments and delivering real-time business insights for parking operators and venue management companies acr
Stronghold Enhances Payment Network with Strategic Acquisition of 20022 Labs
SAN FRANCISCO--(BUSINESS WIRE)-- #fintech--Stronghold, a leader in innovative digital payment solutions, today announced its acquisition of 20022 Labs, a pioneer in advancing the ISO 20022 financial messaging standard. This strategic move significantly enhances Stronghold's proprietary payment network, StrongholdNET, further aligning it with ISO 20022 standards. 20022 Labs, renowned for its expertise in data-rich payment processing, will bring its knowledge, technology, and relationships to Stronghold. Th
Allianz Trade & Inclusive Brains join forces to foster the inclusion of people with disabilities thanks to AI and neurotechnologies
PARIS--(BUSINESS WIRE)--Allianz Trade, the world’s leading trade credit insurer and Inclusive Brains, a French start-up developing a new generation of neural interfaces powered by generative Artificial Intelligence (AI), have partnered to develop Prometheus, a new kind of brain-machine interface that transforms diverse neurophysiological data (brainwaves, heart activity, facial expressions, eye-movements) into mental commands. The goal of this innovative assistive technology is to help individu