Southwest Gas Holdings, Inc Reports Third Quarter 2024 Financial Results; Expects Utility Net Income Within Top Half of Guidance Range

Just 4 5-6.5 hours of sleep a night is best for brain function, suggests new study

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It should be noted that spinoff tools like Microsoft Copilot are being based on the latest models, with Copilot secretly launching with GPT-4 before that model was even announced. We could see a similar thing happen with GPT-5 when we eventually get there, but we’ll have to wait and see how things roll out. Currently all three commercially available versions of GPT — 3.5, 4 and 4o — are available in ChatGPT at the free tier.

  • For 2024, assuming an approximately 1% currency headwind, the Company expects Net sales growth and Organic growth toward the low end of its outlook of 1.0%-3.0% and 2.0%-4.0%, respectively.
  • See “Non-GAAP Measures” below for more information and reconciliations of our non-GAAP financial measures.
  • The prior year impact from depreciation resulting from the revaluation of previous years is recorded as a change in consolidation and is excluded from the organic growth calculation.
  • These non-GAAP financial measures should be considered supplements to, not substitutes for, or superior to, the corresponding financial measures calculated in accordance with U.S.

Save AU$110This might not be the lowest price we’ve seen, which brought them down to AU$293, but it’s only AU$5 more. They’re an excellent pair of noise-cancelling in-ears, especially for iPhone owners, capable of drowning out virtually all external sounds. This model is the latest and comes with a charging case that recharges ChatGPT App via USB-C cable. In addition, and as previously announced, the Board declared a series of five special dividends of $0.06 per share, payable to stockholders of record quarterly. The third special dividend of $0.06 per share will be payable on or before December 13, 2024 to shareholders of record as of November 29, 2024.

“I don’t think anyone should use the results of our study to determine what their sleep time should be,” Brendan concludes. “I recommend that people allow themselves 7-8 hours to sleep and maintain regular sleep and wake times. If their sleep quality is poor or they suspect sleep disorders, they should be evaluated by their physician.” The only caveat is that items just aren’t cheaper on the official Black Friday date, November 29, but you’ll find some of the best Black Friday deals at early sales, and our guide will be covering all the top offers in this guide. The amount of cash expended on additions to property, plant and equipment in the period as reported on the Condensed Consolidated Interim Statements of Cash Flows.2. The amount of cash expended on additions to property, plant and equipment in the period as reported in the Condensed Consolidated Interim Statements of Cash Flows.

GPT-5: everything we know so far about OpenAI’s next frontier model

This machine comes with 16 grind settings, a 54mm portafilter and a barista-style design that gives you full control over your morning coffee. Save AU$800It’s only been out a few months and it has had over AU$940 slashed off its price at the start of the sale, but the deal here is still worth considering. The Z6 III brings 6K/60p (RAW) and 5.4K/60p recording, inherits 3D Tracking from the Z9 and Z8 for up to 9 subjects, plus there’s up to gpt 4.5 release date 8 stops of IBIS with stabilised lenses. Save AU$222 (out of stock, but still available)If you’re looking for the cheapest iPhone on the market that’s still worth considering, this iPhone 13 deal is it. Down AU$222, the iPhone 13 is still a great phone in 2024, with a strong battery life, snappy performance and a more-than-satisfactory camera. If you want to stay within the Apple family without blowing your budget, this is an easy choice.

These non-GAAP financial measures have limitations as analytical tools and should not be considered in isolation. These non-GAAP financial measures should be considered supplements to, not substitutes for, or superior to, the corresponding financial measures calculated in accordance with U.S. Third quarter Net sales decreased 0.4%, reflecting Organic growth1 of 0.9% and foreign currency headwind of 1.3%. Both Net sales and Organic growth were composed of 2.5% value realization (price and mix) and (1.6)% volume. “During the third quarter, we continued to drive strong productivity and realize efficiency benefits from Our Vue Forward, which we are reinvesting behind our iconic brands to unleash the full potential of our business and fulfill our commitment to create long-term shareholder value,” said Thibaut Mongon, Chief Executive Officer. Liquidity and Capital ResourcesAs of September 30, 2024, the Company had $151.3 million in cash, $2.5 billion in total principal value of debt outstanding, and $367.6 million of undrawn capacity on our credit facilities.

OpenAI is rumored to be dropping GPT-5 soon — here’s what we know about the next-gen model – Tom’s Guide

OpenAI is rumored to be dropping GPT-5 soon — here’s what we know about the next-gen model.

Posted: Mon, 22 Apr 2024 07:00:00 GMT [source]

The Bruce Power Unit 3 Major Component Replacement (MCR) program continues to advance on plan for both cost and schedule and the Unit 4 MCR is expected to begin in early-2025. Year-to-date, $1.2 billion of natural gas capacity projects have been placed in service and we continue to expect approximately $7 billion of projects to be placed into service in 2024 and approximately $8.5 billion of projects in 2025, including the Southeast Gateway pipeline project. Black Friday is the biggest shopping event of the year, thanks to hundreds of online retailers offering a wide variety of items on sale. This is due to pricey items like TVs, laptops, headphones, smartwatches, and gaming consoles getting discounted to record-low prices you won’t find outside of Black Friday.Apple devices are also extremely popular during Black Friday with fresh discounts on brand-new 2024 gadgets and best-ever offers on older model products. Other popular categories include clothing, furniture, home appliances, and toys.As a deals editor, this will be my seventh year covering Black Friday, and the most popular deals I’ve seen always include budget big-screen TVs, OLED displays, robot vacuums, cheap smart home devices, AirPods, air fryers, and gaming consoles. I expect we’ll see the same mix of products on sale at this year’s Black Friday deals event, and I’ll be covering all the best offers in this guide.

HEINEKEN Holding NV reports on 2024 third-quarter trading

Depreciation includes the amortization of integration and development costs capitalized in connection with cloud computing arrangements. The Company uses certain non-GAAP financial measures to supplement the financial measures prepared in accordance with U.S. There are limitations to the use of the non-GAAP financial measures presented herein. In addition, other companies may use similarly titled non-GAAP financial measures that are calculated differently from the way the Company calculates such measures. Accordingly, the non-GAAP financial measures may not be comparable to such similarly titled non-GAAP financial measures used by other companies. The Company cautions you not to place undue reliance on these non-GAAP financial measures, but instead to consider them with the most directly comparable U.S.

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For more information on non-GAAP measures, refer to the Non-GAAP Measures section of this news release. 2 Prior to the impact of the Liquids Pipelines business spinoff.3 Debt-to-EBITDA is a non-GAAP ratio. Adjusted debt and adjusted comparable EBITDA are non-GAAP measures used to calculate debt-to-EBITDA. For more information on non-GAAP measures, refer to the non-GAAP measures of this news release. The natural gas distribution segment recorded GAAP net income of $164 million for the nine months ended September 30, 2024, compared to net income of $150.6 million for the nine months ended September 30, 2023. This was primarily driven by an increase in operating margin, partially offset by higher operations and maintenance expense, depreciation and amortization, and interest expense, and lower other income.

The qualified person for the mineral reserve estimate is Johannes (Gertjan) Bekkers, P. Eng., VP of Mines Technical Services.5. The qualified person is not aware of mining, metallurgical, infrastructure, permitting, or other factors that materially affect the mineral reserve estimates. Refer to footnote 2 under the section “Third Quarter 2024 Highlights” and Tables 2 to 11 of this press release for further information and a detailed reconciliation to the comparable measures in accordance with IFRS Accounting Standards (“IFRS”) as issued by the International Accounting Standards Board. (4) Amount includes approximately $2 million during the nine months ended September 30, 2023 in administrative expenses incurred related to the sale of MountainWest, which were not part of the loss on sale overall. Non-beer volume Cider, soft drinks and other non-beer volume produced and sold by consolidated companies.

  • “Our performance is a direct result of successfully delivering on our regulatory priorities and executing on our disciplined business management efforts to optimize utility performance,” added Haller.
  • Third quarter Diluted earnings per share were $0.20 vs. $0.23 in the prior year period and Adjusted diluted earnings per share1 were $0.28 vs. $0.31 in the prior year period.
  • Adjusted debt and adjusted comparable EBITDA are non-GAAP measures used to calculate debt-to-EBITDA.

This discount applies to the pink model, though the Navy and Silver Shadow models are currently 11% off. Save AU$120A whopping 66% discount makes this oscillating electric toothbrush quite affordable. Capable of removing more plaque than a regular brush, this model has a 2-minute timer so you don’t need to overbrush. Save AU$10The normal price here is AU$29.99, and while not quite the lowest we have seen, a 33% discount is a great deal for the Anker 323 charger.

The MD&A and the Company’s unaudited condensed consolidated interim financial statements for the three and nine months ended September 30, 2024, are available on Torex’s website () and under the Company’s SEDAR+ profile ().3. (1) Beginning with first quarter 2024, we adapted our calculation of adjusted net income by adding an adjustment for the amortization of certain intangible assets at our utility infrastructure services segment. For comparative purposes, we have also recast adjusted net income for the three and nine months ended September 30, 2023 to align with this approach. See “Non-GAAP Measures” below for more information and reconciliations of our non-GAAP financial measures. Management also uses the non-GAAP measure, operating margin, related to its natural gas distribution operations. Southwest recognizes operating revenues from the distribution and transportation of natural gas (and related services) to customers.

The Company owned all of Centuri prior to the IPO and owns approximately 81% of Centuri following the IPO; as such, the Company has adjusted the add back of intangible assets in the third quarter of 2024 to reflect its relative Pre- and Post-IPO ownership interests. Southwest Gas will update investors on its plans with respect to the balance of its 81% ownership stake held in Centuri at a future date. This may include a sale of Centuri shares, a distribution of Centuri shares to Southwest Gas shareholders, a potential exchange of Centuri shares for Southwest Gas shares, or some combination thereof.

Third quarter Operating income margin was 16.8% vs 18.1% in the prior year period. Third quarter Adjusted operating income margin1 was 22.1% vs 23.3% in the prior year period. The year-over-year change in both measures reflects the impact of the year-over-year increase in brand investment, which more than offset the benefit from Gross profit margin expansion and savings from Our Vue Forward. Individual rating agency calculations will differ.ii 50 per cent debt treatment on $2.5 billion of preferred shares as of December 31, 2023.iii 50 per cent equity treatment on $10.3 billion of junior subordinated notes as of December 31, 2023.

GPT-4.5 Turbo Details Leak Through Search Engines Ahead of Rumored OpenAI Announcement – Voicebot.ai

GPT-4.5 Turbo Details Leak Through Search Engines Ahead of Rumored OpenAI Announcement.

Posted: Wed, 13 Mar 2024 07:00:00 GMT [source]

We do not provide a reconciliation of forward-looking Non-GAAP Measures to the corresponding forward-looking GAAP measure due to our inability to project special charges and certain expenses. Following the Centuri IPO, we are no longer reporting Utility Infrastructure Services EBITDA and Adjusted EBITDA. “Performance at the utility has been strong in 2024. We are on track to finish within the top half of our full-year utility net income guidance range,” said Karen Haller, President and Chief Executive Officer at Southwest Gas Holdings. “Our performance is a direct result of successfully delivering on our regulatory priorities and executing on our disciplined business management efforts to optimize utility performance,” added Haller.

Includes depreciation and amortization included in cost of sales, general and administrative expenses and exploration and evaluation expenses. Whenever used in this report, the term “organically” refers to the organic growth % of the related performance measures. The Company believes the presentation of these measures is relevant and useful for investors because it allows investors to view performance in a manner similar to the method used by management. The Company believes these measures help improve investors’ ability to understand the Company’s operating performance and makes it easier to compare the Company’s results with other companies.

Torex Gold Resources

While achieving that AGI goal remains to be seen, GPT-5 is expected to vastly outperform OpenAI’s currently available models in terms of both complexity and efficiency, offering improvements in its natural language processing, content generation abilities, a larger knowledge base, and enhanced reasoning skills. Claude 3.5 Sonnet’s current lead in the benchmark performance race could soon evaporate. GPT-4 debuted on March 14, 2023, which came just four months after GPT-3.5 launched alongside ChatGPT. OpenAI has yet to set a specific release date for GPT-5, though rumors have circulated online that the new model could arrive as soon as late 2024. (3) The information for 2023 reflects activity related to the period from January 1, 2023 to February 13, 2023 (the last full day of ownership). Organic volume growthGrowth in volume, excluding the effect of consolidation changes.

gpt 4.5 release date

Next to the reported figures, management evaluates the performance of the business on a beia basis across several performance measures as it considers this enhances their understanding of the underlying performance. Managerial incentives are set mostly on beia performance measures and the dividend is set relative to the net profit (beia). Fixed assets are revalued for the inflation from the time of acquisition to date. The prior year impact from depreciation resulting from the revaluation of previous years is recorded as a change in consolidation and is excluded from the organic growth calculation.

(1) Calculated using the Company’s blended statutory tax rate of 24%, except for items pertaining to the Utility Infrastructure Services segment which, for most items, was calculated using a blended statutory tax rate of 25% and goodwill impairment related to MountainWest, which was calculated using an effective tax rate of ~23%. Certain MountainWest Settlement agreement costs were non-deductible for tax purposes, in addition to a component of the impairment loss that was a permanent item without tax basis thereby lowering the 2023 tax benefit by $11.2 million. Southwest Gas Holdings, Inc., through its primary operating subsidiary Southwest Gas Corporation, engages in the business of purchasing, distributing and transporting natural gas.

You can foun additiona information about ai customer service and artificial intelligence and NLP. The Company’s weighted average interest rate on debt outstanding was 7.1% and 7.1% for the three months ended September 30, 2024 and June 30, 2024, respectively. Ending net debt-to-equity was 1.21x and 1.22x as of September 30, 2024 and June 30, 2024, respectively. On August 16, 2024, the Company filed a preliminary registration statement on Form N-14, which included ChatGPT a joint proxy statement of the Company and OBDC and the Company’s prospectus. On October 11, 2024, the Company filed an amended registration statement on Form N-14. The registration statement was declared effective by the SEC on October 21, 2024, and the special meetings for each of the Company’s and OBDC’s shareholders are scheduled for January 8, 2025.

gpt 4.5 release date

External stakeholders can assess the progress relative to this ambition and to the scale of other eB2B platforms. HEINEKEN confirms and reiterates the key financial indicators of its 2024 guidance, including the full year expectations of 4% to 8% operating profit (beia) organic growth. As communicated at the first half year results, HEINEKEN is materially stepping up investments in its brands focused on its greatest opportunities for long-term sustainable growth. For 2024, assuming an approximately 1% currency headwind, the Company expects Net sales growth and Organic growth toward the low end of its outlook of 1.0%-3.0% and 2.0%-4.0%, respectively. The Company reaffirms its outlook for Adjusted diluted earnings per share in the range of $1.10-$1.20, which continues to reflect strong productivity and efficiency gains that are funding sustained incremental investment in brand activation. Third quarter Gross profit margin expanded 100 basis points to 58.5% from 57.5% in the prior year period.

We answer each question, so you have as much knowledge as possible to make the best buying decision this Black Friday. Concerns about a model significantly more powerful than GPT-4 have been raised from very early on. Shortly after the release of GPT-4, a petition signed by over a thousand public figures and tech leaders has been published, requesting a pause in development on anything beyond GPT-4. Significant people involved in the petition include Elon Musk, Steve Wozniak, Andrew Yang, and many more. Third-party products volume Volume of third-party products (beer and non-beer) resold by consolidated companies. Premium beer Beer sold at a price index equal or greater than 115 relative to the average market price of beer.