Day: January 14, 2020

PURCHASE, N.Y., Jan. 14, 2020 (GLOBE NEWSWIRE) — MVC Capital, Inc. (NYSE: MVC) (the “Company”), a publicly traded business development company (BDC) that makes private debt and equity investments, announced its financial results for the fiscal fourth quarter and full year ended October 31, 2019.Financial ResultsFourth QuarterFor the fourth quarter of fiscal 2019, the Company earned interest income of $7.8 million and dividend and fee income of $0.2 million, compared to $5.1 million and $0.8 million, respectively, for the same quarter of fiscal 2018.The Company reported total operating income of $8.0 million for the fourth quarter of fiscal 2019, compared to $5.9 million for the fourth quarter of fiscal 2018. The Company reported net operating income of $3.1 million for the fourth quarter of fiscal 2019, compared to $1.7...

MCLEAN, Va., Jan. 14, 2020 (GLOBE NEWSWIRE) — Gladstone Commercial Corporation (Nasdaq: GOOD) (the “Company”) announced today that its board of directors declared cash distributions for the months of January, February and March 2020, increasing distributions to common stockholders. The Company also announced its plan to report earnings for the fourth quarter ended December 31, 2019.Cash Distributions:Common Stock: $0.12515 cash distribution per common share for each of January, February and March 2020, payable per Table 1 below.  The Company has paid 180 consecutive monthly cash distributions on its common stock. Prior to paying distributions on a monthly basis, the Company paid five consecutive quarterly cash distributions.  The Company has never skipped, reduced or deferred a monthly or quarterly common stock...

CHICAGO, Jan. 14, 2020 (GLOBE NEWSWIRE) — Royal Financial, Inc. (the “Company”) (OTCQX: RYFL), incorporated under the laws of Delaware on December 15, 2004, for the purpose of serving as the holding company of Royal Savings Bank (the “Bank”), announced earnings for the second quarter end of fiscal year 2020.Net Income for the second quarter of fiscal year 2020 was $782,000 or $0.31 per common share, compared to net income of $1.0 million, or $0.40 per common share, in the same period of fiscal 2019.The Company also reported total assets of $407.5 million and stockholders’ equity of $41.6 million as of December 31, 2019.  As of the same date, the Company’s book value per share was $16.28 and tangible book value per share was $15.30.Comparison of Results of Operation for the Three Months Ended...

New York, NY, Jan. 14, 2020 (GLOBE NEWSWIRE) —  Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading multi-industry technology company that is driving innovation in a wide range of consumer and commercial sectors, announced its financial results for the fiscal year ending September 30, 2019.Results of Fiscal 2019:Sales: Total revenue for the years ended September 30, 2019 and 2018 was $39,265,041 and $22,641,417, respectively, an increase of $16,623,624, or 73%. Total revenue for the fiscal year increased, as compared to total revenue in the same period last year, due to the consolidation of Vicon Industries, Inc., sales and other increases in the Advanced Technology Segment. Our Advanced Technologies segment revenues for the years ended September 30, 2019 and 2018 were $19,268,687 and $1,765,106, respectively, an increase...

BETHESDA, Md., Jan. 14, 2020 (GLOBE NEWSWIRE) — Host Hotels & Resorts, Inc. (NYSE: HST) (the “Company”) will report financial results for the fourth quarter and full year 2019 on Wednesday, February 19, 2020, after the market close.  The Company will hold a conference call and discuss its fourth quarter and full year 2019 results and its business outlook for 2020 on Thursday, February 20, 2020 at 10:00 a.m. ET.Interested individuals are invited to listen to the call via telephone at (334) 777-6978.  It is recommended that participants call 10 minutes ahead of the scheduled start time to ensure proper connection. A simultaneous webcast of the call will be available on the Company’s website at www.hosthotels.com. A replay of the call will be available Thursday, February 20, 2020 at 1:00 p.m. ET...

MILTON, N.Y., Jan. 14, 2020 (GLOBE NEWSWIRE) — Sono-Tek Corporation (OTCQX: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today reported financial results for its fiscal 2020 third quarter and year-to-date period ended November 30, 2019.Third Quarter Fiscal 2020 Financial Highlights:Another Record Breaking Quarter for Sales of $3.67 million, a 16% increase compared to third quarter FY2019Record high backlog of $5.40 millionGross margin of 48.9% compared to 41.0% in third quarter FY2019, a 790 basis point expansionNet income of $280,000 versus $20,000 in third quarter FY2019, a 14-fold increaseSales Growth Guidance for FY2020 remains at 15% – 25% annual increaseDr. Christopher L. Coccio, Chairman and CEO, commented, “For the third quarter, Sono-Tek reported another record breaking quarter...