Market Newsdesk

Oscar Health, Inc. 2024 Fourth Quarter and Full Year Earnings Conference Call

NEW YORK–(BUSINESS WIRE)–
Oscar Health, Inc. (“Oscar” or the “Company”) (NYSE: OSCR), a leading healthcare technology company, will release its fourth quarter and full year 2024 financial results after the market closes on Tuesday, February 4, 2025.

Management will review these results in a conference call beginning at 5:00 PM (ET). The call-in number and webcast link are as follows:

Live Call: 1.855.761.5600

Conference ID: 7768132

Webcast

The call will be archived and available on Oscar’s investor relations website (ir.hioscar.com) following February 4, 2025 for a period of 90 days.

About Oscar Health

Oscar Health, Inc. (“Oscar”) is a leading healthcare technology company built around a full stack technology platform and a relentless focus on serving our members. We have been challenging the status quo in the healthcare system since our founding in 2012, and are dedicated to making a healthier life accessible and affordable for all. Oscar offers Individual & Family plans and health technology solutions that power the healthcare industry through +Oscar. Our technology drives superior experiences, deep engagement, and high-value clinical care, earning us the trust of approximately 1.65 million members, as of September 30, 2024.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250109337618/en/

Investor:

Chris Potochar

VP of Investor Relations

[email protected]

Media:

Kristen Prestano

VP of Communications

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Health Technology Health Health Insurance

MEDIA:

Logo

FIS Named Leader in Omdia Payment Hubs Report

Key facts

– FIS has been named as a market leader in the Omdia Universe: Payment Hubs, 2024-25 report.

– The report evaluates payment hub solution vendors and their ability to meet the market’s requirements.

– FIS received best-in-class scores in the Strategy & Innovation and Broader Functionality categories.

JACKSONVILLE, Fla.–(BUSINESS WIRE)–
Continuing its track record of payment solutions excellence, FIS^® (NYSE: FIS) has been recognized as a leader in the Omdia Universe: Payment Hubs, 2024-25 report. This prestigious industry ranking underscores the company’s dedication to unlocking financial technology that seamlessly and efficiently moves money between the world’s banks, consumers, businesses and beyond.

Omdia defines a payment hub as a payment solution that enables financial institutions to process multiple payment types and centrally manage the orchestration process, which can be deployed as standalone solutions.

The Omdia Universe report evaluates payment hub solutions across several critical dimensions, including core functionality, architecture, solution integration, security, and innovation. According to the market analysis, FIS stood out for its robust capabilities, including real-time processing, cloud-native architecture, and comprehensive analytics and reporting tools.

Chris Como, general manager, cards and money movement at FIS, commented, “We are thrilled to be recognized by Omdia as a leader in its latest Payment Hubs report. This achievement reflects our unwavering commitment to innovation and excellence in financial technology across the money life cycle. By combining our deep industry expertise and leading-edge technology, we are empowering our clients to navigate the complexities of the modern payment landscape and helping bring money into harmony.”

FIS received the best-in-class score in the Strategy & Innovation and Broader Functionality categories, having demonstrated strong alignment of its Payment Hubs offering with marketplace demands as well as its ongoing efforts to innovate. With its more than 50 years of payments expertise, FIS continues to innovate across the money life cycle and is developing solutions that support new payment methods.

Ouliana Smith, senior research analyst, financial services at Omdia, commented, “FIS has demonstrated exceptional capabilities in adapting to market demands and regulatory changes, providing financial institutions with the tools they need for payment transformation. FIS’ strategic focus on innovation and customer-centric solutions has earned it a well-deserved position as a market leader.”

About FIS

FIS is a financial technology company providing solutions to financial institutions, businesses, and developers. We unlock financial technology to the world across the money lifecycle underpinning the world’s financial system. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients to confidently run, grow, and protect their businesses. Our expertise comes from decades of experience helping financial institutions and businesses of all sizes adapt to meet the needs of their customers by harnessing where reliability meets innovation in financial technology. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500® and the Standard & Poor’s 500® Index. To learn more, visit FISglobal.com. Follow FIS on LinkedIn, Facebook and X.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250109261124/en/

For More Information

Kim Snider, 904.438.6278

Senior Vice President

FIS Global Marketing and Communications

[email protected]

KEYWORDS: Florida United States North America

INDUSTRY KEYWORDS: Apps/Applications Technology Payments Finance Security Fintech Banking Professional Services Software Other Professional Services

MEDIA:

Logo

Take-Two Interactive Software, Inc. to Report Third Quarter Fiscal Year 2025 Results on Thursday, February 6, 2025

NEW YORK–(BUSINESS WIRE)–
Take-Two Interactive Software, Inc. (NASDAQ: TTWO) today announced that it plans to report financial results for the third quarter of its fiscal year 2025, ended December 31, 2024, after the market close on Thursday, February 6, 2025. The Company plans to hold a conference call to discuss its results at 4:30 p.m. Eastern Time, which can be accessed by dialing 800-715-9871 or (646) 307-1963 (conference ID: 1162777). A live, listen-only webcast and a replay of the call will be available at http://take2games.com/ir.

About Take-Two Interactive Software

Headquartered in New York City, Take-Two Interactive Software, Inc. is a leading developer, publisher, and marketer of interactive entertainment for consumers around the globe. The Company develops, operates, and publishes products principally through Rockstar Games, 2K, and Zynga. Our products are currently designed for console gaming systems, PC, and mobile, including smartphones and tablets, and are delivered through physical retail, digital download, online platforms, and cloud streaming services. The Company’s common stock is publicly traded on NASDAQ under the symbol TTWO.

All trademarks and copyrights contained herein are the property of their respective holders.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250109087972/en/

(Investor Relations)

Nicole Shevins

Senior Vice President

Investor Relations & Corporate Communications

Take-Two Interactive Software, Inc.

(646) 536-3005

[email protected]

(Corporate Press)

Alan Lewis

Vice President

Corporate Communications & Public Affairs

Take-Two Interactive Software, Inc.

(646) 536-2983

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Electronic Games Apps/Applications Technology Mobile/Wireless Entertainment Online Mobile Entertainment Software Consumer Electronics

MEDIA:

Logo

Independence Realty Trust Announces Expanded Unsecured Credit Facility, Reflecting Increased Financial Flexibility and More Favorable Capital Structure

PHILADELPHIA–(BUSINESS WIRE)–
Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) announced that on January 8, 2025 its operating partnership, Independence Realty Operating Partnership, LP, entered into an amended and restated unsecured credit facility. The new facility increases the borrowing capacity under IRT’s existing revolver from $500 million to $750 million and extends the maturity date of the revolver from January 2026 to January 2029. As of closing, the amount outstanding under the revolver was $214 million. Proceeds from the expanded revolver will be used for general corporate purposes.

The amended and restated unsecured credit facility also reduces the margin on IRT’s existing $200 million term loan. Borrowings under the $200 million term loan now bear interest at SOFR plus 0.80% to 1.60%. Borrowings under the revolver now bear interest at SOFR plus 0.725% to 1.40%. At closing, the interest rates on the $200 million term loan and revolver were SOFR plus 0.85% and SOFR plus 0.775%, respectively, based on our BBB investment grade rating. Overall, this reflects a weighted average reduction in margin of approximately 34 basis points compared to the interest rate margins in place prior to our investment grade rating.

“This expanded unsecured credit facility is the result of our continued efforts to increase our financial flexibility to drive profitable growth, underpinned by our investment grade ratings from Fitch Ratings and S&P Global Ratings, as well as, our lower consolidated leverage ratio,” said James Sebra, President and Chief Financial Officer of IRT. “Through this credit facility, we have extended our maturities, strengthened our balance sheet and created long-term value for our stakeholders through lower interest costs.”

KeyBank National Association is the Administrative Agent under the unsecured credit facility. KeyBanc Capital Markets, Inc. and Citibank, N.A. are Joint Bookrunners under the unsecured credit facility. KeyBanc Capital Markets, Citibank, N.A., PNC Capital Markets LLC, Capital One National Association, The Huntington National Bank, Regions Capital Markets, BMO Bank N.A. and Truist Securities, Inc. are the Joint Arrangers. The facilities’ Co-Syndication Agents include Citibank, N.A., Capital One National Association, PNC Bank National Association, Regions Bank, BMO Bank N.A., The Huntington National Bank and Truist Bank, and the Co-Documentation Agents are Bank of America, N.A., Barclays Bank PLC and Royal Bank of Canada.

About Independence Realty Trust, Inc.

Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily communities, across non-gateway U.S. markets including Atlanta, GA, Dallas, TX, Denver, CO, Columbus, OH, Indianapolis, IN, Raleigh-Durham, NC, Oklahoma City, OK, Nashville, TN, Houston, TX, and Tampa, FL. IRT’s investment strategy is focused on gaining scale near major employment centers within key amenity rich submarkets that offer good school districts and high-quality retail. IRT aims to provide stockholders with attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation. More information may be found on the Company’s website www.irtliving.com.

Forward-Looking Statements

This release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include, but are not limited to, our earnings guidance, and the assumptions underlying such guidance, anticipated enhancements to our financial results and future growth from our Portfolio Optimization and Deleveraging Strategy, our planned use of proceeds from our recent sales of common stock on a forward basis, and our unsecured notes in a private placement. All statements in this release that address financial and operating performance, events or developments that we expect or anticipate will occur or be achieved in the future are forward-looking statements.

Our forward-looking statements are not guarantees of future performance and involve estimates, projections, forecasts and assumptions, including as to matters that are not within our control, and are subject to risks and uncertainties including, without limitation, risks and uncertainties related to changes in market demand for rental apartment homes and pricing pressures, including from competitors, that could lead to declines in occupancy and rent levels, uncertainty and volatility in capital and credit markets, including changes that reduce availability, and increase costs, of capital, unexpected changes in our intention or ability to repay certain debt prior to maturity, increased costs on account of inflation, increased competition in the labor market, failure to realize cost savings, efficiencies and other benefits that we expect to result from our Portfolio Optimization and Deleveraging Strategy, and our planned use of proceeds from our recent sales of common stock on a forward basis and our unsecured notes in a private placement, inability to sell certain assets, including those assets designated as held for sale, within the time frames or at the pricing levels expected, failure to achieve expected benefits from the redeployment of proceeds from asset sales, delays in completing, and cost overruns incurred in connection with, our value add initiatives and failure to achieve rent increases and occupancy levels on account of the value add initiatives, unexpected impairments or impairments in excess of our estimates, increased regulations generally and specifically on the rental housing market, including legislation that may regulate rents and fees or delay or limit our ability to evict non-paying residents, risks endemic to real estate and the real estate industry generally, the impact of potential outbreaks of infectious diseases and measures intended to prevent the spread or address the effects thereof, the effects of natural and other disasters, unknown or unexpected liabilities, including the cost of legal proceedings, costs and disruptions as the result of a cybersecurity incident or other technology disruption, unexpected capital needs, inability to obtain appropriate insurance coverages at reasonable rates, or at all, or losses from catastrophes in excess of our insurance coverages, and share price fluctuations. Please refer to the documents filed by us with the SEC, including specifically the “Risk Factors” sections of our Annual Report on Form 10-K for the year ended December 31, 2023, and our other filings with the SEC, which identify additional factors that could cause actual results to differ from those contained in forward-looking statements.

These forward-looking statements are based upon the beliefs and expectations of our management at the time of this release and our actual results may differ materially from the expectations, intentions, beliefs, plans or predictions of the future expressed or implied by such forward-looking statements. We undertake no obligation to update these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, except as may be required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250108729343/en/

Independence Realty Trust, Inc.

Edelman Smithfield

Lauren Torres

917-365-7979

[email protected]

KEYWORDS: Pennsylvania United States North America

INDUSTRY KEYWORDS: Residential Building & Real Estate Commercial Building & Real Estate Construction & Property REIT

MEDIA:

Logo

First Internet Bank Recognized in GOBankingRates 2025 Best Banks Awards

FISHERS, Ind.–(BUSINESS WIRE)–
First Internet Bank announced today that it has been included in GOBankingRates’ 2025 Best Banks Awards. The bank received accolades in four categories: Best Checking account, Best Money Market, Best CD Rates and Top 10 CD Rates.

To formulate its rankings, GOBankingRates evaluates 100 of the largest banks, online banks and neobanks across nine categories, analyzing FDIC data and product offerings to identify industry leaders.

“It’s an honor to see national media like GOBankingRates consistently recognize our products,” said David Becker, Chairman and Chief Executive Officer of First Internet Bank. “We deliver industry-leading accounts, supported by outstanding service to enable our customers to take even greater control of their finances.”

Long noted as an innovative leader in financial services, the most recent recognition adds to a long list of accomplishments. Having celebrated its 25^th anniversary, First Internet Bank’s culture has been noted as one of the “Top Workplaces in Central Indiana” by the Indianapolis Star for 11 consecutive years. Additionally, the bank was chosen to participate in the FedNow^® instant payment pilot program, completing the system’s first historic transaction.

For more information about First Internet Bank, visit firstib.com.

About First Internet Bank

First Internet Bank opened for business in 1999 as an industry pioneer in the branchless delivery of banking services. With assets of $5.8 billion as of September 30, 2024, the Bank provides consumer and small business deposits, consumer loans and specialty finance services nationally. The Bank also offers commercial real estate loans, commercial and industrial loans, SBA financing and treasury management services. Additional information about the Bank, including its products and services, is available at firstib.com. The Bank is a wholly-owned subsidiary of First Internet Bancorp (Nasdaq: INBK). First Internet Bank is a Member FDIC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250109076280/en/

Investor Relations:

Paula Deemer

Director of Corporate Administration

(317) 428-4628

[email protected]

Media:

PANBlast for First Internet Bank

Zach Weismiller

[email protected]

KEYWORDS: Indiana United States North America

INDUSTRY KEYWORDS: Banking Professional Services Finance

MEDIA:

Logo

Europe’s Oil and Gas Industry Turning to AI to Improve Operations Amid Energy Security Concerns

At what could be a critical turning point for Europe’s energy producers, technology advancements enable new process efficiencies, ISG Provider Lens™ report says

LONDON–(BUSINESS WIRE)–
Europe’s oil and gas industry is increasingly leveraging AI to optimize operations across its value chain as the region faces growing energy security concerns, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm.

The 2024 ISG Provider Lens™ Oil and Gas Industry – Services and Solutions report for Europe finds AI is being used by major companies such as BP, Shell and TotalEnergies to enhance operational efficiency in exploration, production, refining, predictive maintenance and supply chain management.

The sector’s growing use of technology to improve operations comes at a pivotal moment for Europe’s oil and gas industry. Offshore production is gaining increased attention amid energy security concerns caused by the war in Ukraine, with the North Sea a focal point for exploration and production. At the same time, the European Union must be prepared to assist member states in moving away from fossil fuels, to avoid destabilizing the region. Europe’s oil and gas demand is projected to decline by 25 percent to 50 percent in the next five years, the report notes.

“Europe’s upstream oil and gas industry is at a turning point,” said Julien Escribe, partner and managing director, ISG SEMEA. “The industry must increase production in the short term to combat supply challenges while at the same time prepare for a lower-carbon future. Technology is playing an increasingly important role in the transition.”

Supply chain disruptions, particularly related to Russia’s ongoing conflict with neighboring Ukraine, are pressuring Europe’s oil and gas producers to adopt stronger measures for managing their assets, complying with stricter country and EU regulations and controlling costs. Producers are meeting these challenges by turning to technologies such as generative AI (GenAI), machine learning (ML) and digital twins to improve their existing enterprise asset management (EAM) processes as well as enhance their cybersecurity.

Being asset-intensive, the oil and gas industry has been slower than most at adopting digital technologies. However, with petroleum and natural gas prices likely to increase while demand decreases, amid the European Union’s continued push for net-zero emissions, producers are forced to find ways to improve efficiency while reducing costs.

“Geopolitics, geology and ecology are conspiring to shift the world’s energy trade patterns,” said Jan Erik Aase, partner and global leader, ISG Provider Lens Research. “The providers that emerge as leaders in the oil and gas sector will be the ones that guide producers through the maze of new, and sometimes conflicting, energy regulations; help them shift their capital allocations to invest in greener, more sustainable processes, and improve the security of their supply chains.”

The report also explores other trends, including increasing cyber security threats to the EU’s critical infrastructure. Providers in the oil and gas space are reacting to the new European Commission Cyber Resilience Act by bolstering their cybersecurity services, particularly related to their use of cloud-based storage, data and infrastructure.

For more insights into the challenges faced by Europe’s oil and gas providers, and how software providers help address those challenges, see the ISG Provider Lens™ Focal Points briefing here.

The 2024 ISG Provider Lens™ Oil and Gas Industry – Services and Solutions report for Europe evaluates the capabilities of 33 providers across four quadrants: Enterprise Asset Management, Next-Gen IT/OT Services, Data Management and Cloud Computing, and Energy Transition Services.

The report names Accenture, Capgemini, Deloitte, IBM Consulting, Infosys, TCS and Wipro as leaders in four quadrants each. Cognizant is named a leader in three quadrants. EY, Hitachi Digital Services and LTIMindtree are named leaders in two quadrants each. LTTS and PwC are named leaders in one quadrant each.

In addition, Cyient, LTIMindtree, LTTS and Publicis Sapient are named as Rising Stars — companies with a “promising portfolio” and “high future potential” by ISG’s definition — in one quadrant each.

In the area of customer experience, Capgemini is named the global ISG CX Star Performer for 2024 among oil and gas industry services and solutions providers. Capgemini earned the highest customer satisfaction scores in ISG’s Voice of the Customer survey, part of the ISG Star of Excellence™ program, the premier quality recognition for the technology and business services industry.

The 2024 ISG Provider Lens™ Oil and Gas Industry – Services and Solutions report for Europe is available to subscribers or for one-time purchase on this webpage.

About ISG Provider Lens™ Research

The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG’s global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG’s enterprise clients. The research currently covers providers offering their services globally, across Europe, as well as in the U.S., Canada, Mexico, Brazil, the UK, France, Benelux, Germany, Switzerland, the Nordics, Australia and Singapore/Malaysia, with additional markets to be added in the future. For more information about ISG Provider Lens research, please visit this webpage.

About ISG

ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 900 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including AI, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,600 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250109880528/en/

Press Contacts:

Will Thoretz, ISG

+1 203 517 3119

[email protected]

Philipp Jaensch, ISG

+49 151 730 365 76

[email protected]

KEYWORDS: United Kingdom Europe

INDUSTRY KEYWORDS: Hardware IOT (Internet of Things) Oil/Gas Security Data Management Energy Technology Consulting Professional Services Artificial Intelligence Transport Software Logistics/Supply Chain Management Networks Other Energy Utilities

MEDIA:

Logo

Presentation scheduled for Monday, January 13, 2025, at 4:30 PM PT

World-renowned researcher brings expertise in obstetrics and gynecology from Yale University to advance Eterna’s lead indication in ovarian cancer