Month: January 2020

Points Expects to Close the Year with Record Fourth Quarter Gross Profit and Adjusted EBITDAStrong Momentum Carrying into 2020Full Q4 & 2019 Financial Results to be Issued on March 4, 2020TORONTO, Jan. 21, 2020 (GLOBE NEWSWIRE) — Points International Ltd. (TSX: PTS) (Nasdaq: PCOM) (Points or the Company), the global leader in powering loyalty commerce, is providing a preliminary update on its fourth quarter and full-year 2019 financial results.Fourth-quarter 2019 gross profit1 is expected to be between $17.3 and $17.7 million, with adjusted EBITDA2 ranging between $6.8 and $7.2 million, each quarterly records. These expected results compare to $14.1 million of gross profit and $5.0 in adjusted EBITDA in the fourth quarter of 2018. For the full year, Points expects 2019 gross profit3 to range between $59.2 and $59.6 million,...

 31% Revenue Growth for Q4 2019 over Q4 201845% Reduction in Operational CostROSEVILLE, Calif., Jan. 21, 2020 (GLOBE NEWSWIRE) — via NetworkWire – InnerScope Hearing Technologies Inc. (OTCQB: INND) (“InnerScope”) a manufacturer and Direct-to-Consumer (“DTC”) distributor/retailer of FDA-Registered Hearing Aids, Personal Sound Amplifiers Products (“Hearing Products”), Hearing Related Treatment Therapies, Doctor-Formulated Dietary Hearing Supplements and proprietary CBD Oil (“Hearing Health Products”) (collectively “Hearing Product Portfolio), today announced its unaudited annual revenue results ended December 31, 2019 of $1,034,791 (includes Customer Orders not yet delivered), a year over year Revenue Growth of 318% over the annual revenue booked ended December...

NEWARK, Calif., Jan. 21, 2020 (GLOBE NEWSWIRE) — ShotSpotter, Inc. (NASDAQ: SSTI), the leader in solutions that help law enforcement officials identify, locate and deter gun violence, will hold a conference call on Tuesday, February 18, 2020 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fourth quarter and full year ended December 31, 2019. Financial results will be issued in a press release prior to the call.ShotSpotter management will host the presentation, followed by a question and answer period.Date: Tuesday, February 18, 2020Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)U.S. dial-in: +1 (877) 451-6152International dial-in: +1 (201) 389-0879Conference ID: 13698284A live audio webcast of the conference call will be available in listen-only mode simultaneously and available...

Gross Margins Improved Sequentially from 28.6% to 29.5%Net Income Margins Increased 180 Basis Points SequentiallyAverage Order Size increased from $84 to $85DELRAY BEACH, Fla., Jan. 21, 2020 (GLOBE NEWSWIRE) — PetMed Express, Inc. (NASDAQ: PETS) today announced its financial results for the quarter ended December 31, 2019.  Net sales for the quarter ended December 31, 2019 were $59.9 million, compared to $60.1 million for the quarter ended December 31, 2018.  Net income was $6.8 million, or $0.34 diluted per share, for the quarter ended December 31, 2019, compared to net income of $7.8 million, or $0.38 diluted per share, for the quarter ended December 31, 2018, a 10% decrease in diluted earnings per share.  Average order size increased to $85 for the quarter ended December 31, 2019, compared to $84 for the same quarter...

RICHMOND, Va., Jan. 21, 2020 (GLOBE NEWSWIRE) — Atlantic Union Bankshares Corporation (the “Company” or “Atlantic Union”) (Nasdaq: AUB) today reported net income of $55.8 million and earnings per share of $0.69 for its fourth quarter ended December 31, 2019. Net operating earnings(1) were $57.3 million and operating earnings per share(1) were $0.71 for its fourth quarter ended December 31, 2019; these operating results exclude $709,000 in after-tax merger and $713,000 in after-tax rebranding-related costs.Net income was $193.5 million and earnings per share were $2.41 for the year ended December 31, 2019. Net operating earnings(1) were $220.9 million and operating earnings per share(1) were $2.75 for the year ended December 31, 2019; these operating results exclude $22.3 million in after-tax...

Fourth Quarter 2019 HighlightsNet Earnings of $117.9 Million, or $0.98 Per Diluted ShareLoan and Lease Production of $1.0 Billion; $111 Million of Net Loan GrowthCore Deposits Represents 84% of Total DepositsCost of Average Total Deposits Decreased 12 Basis Points from Q3 to 71 Basis PointsNet Charge-offs to Average Loans of Two Basis PointsFull Year 2019 HighlightsNet Earnings of $468.6 Million, or $3.90 Per Diluted ShareLoan and Lease Production of $4.9 Billion; $889 Million of Net Loan Growth or 5%Net Charge-offs to Average Loans of Nine Basis Points; 62% Lower for 2019 Compared to 2018LOS ANGELES, Jan. 21, 2020 (GLOBE NEWSWIRE) — PacWest Bancorp (Nasdaq: PACW) today announced net earnings for the fourth quarter of 2019 of $117.9 million, or $0.98 per diluted share, compared to net earnings for the third quarter of 2019 of $110.0...

EVANSVILLE, Ind., Jan. 21, 2020 (GLOBE NEWSWIRE) —CEO COMMENTARY:FOURTH QUARTER HIGHLIGHTS2:Net IncomeNet income of $49.2 millionEarnings per share of $0.29Net Interest Income/NIMNet interest income on a fully taxable equivalent basis was $152.2 million compared to $156.3 millionNet interest margin on a fully taxable equivalent basis was 3.46% compared to 3.57%Operating PerformancePre-provision net revenue1 (“PPNR”) was $65.2 millionAdjusted PPNR1 was $73.9 million, up 10.3% over fourth quarter of 2018Noninterest expense was $134.7 millionAdjusted noninterest expense1 was $125.6 millionEfficiency ratio1 was 65.57%Adjusted efficiency ratio1 was 60.97%, a 234 basis point improvement from fourth quarter of 2018Loans and Credit QualityEnd-of-period total loans3 were $12,164.4 million compared to $12,075.9 millionFourth-quarter...

                                              MYBEST GROUP S.P.A.Registered office in Sesto San Giovanni (MI), Viale Casiraghi 359 – 20099Share capital € 3.334.309,50 fully paidVAT 04227580968 – Tax code 04227580968Milan R.E.A. registration no. 1735084* * * * * * * * *Minutes of the ordinary shareholders’ meetingIn the year 2019, on the 18thof December, at 03:30pm, at the registered office of the company MY BEST GROUP spa, in Sesto San Giovanni 20099 (MI), Viale Fratelli Casiraghi 359, the shareholders’ meeting of the company MyBest Group S.p.A. was held, after a first call, to discuss and...