Day: February 6, 2020

SAN JOSE, Calif. , Feb. 06, 2020 (GLOBE NEWSWIRE) — California Water Service Group (NYSE: CWT) today announced that its fourth quarter and year-end 2019 earnings results will be released at 9:00 a.m. ET with its teleconference to follow at 11:00 a.m. ET on Thursday, February 27, 2020.   All stockholders and interested investors are invited to listen to the teleconference. The fourth quarter and year-end 2019 conference call may be accessed by dialing 1-833-832-5130 or 1-509-844-0151 and keying in ID# 9879097.  A replay of the call will be available from 2:00 p.m. ET on Thursday, February 27, 2020 through April 27, 2020, at 1-855-859-2056 or 1-404-537-3406, ID# 9879097.  The replay will also be available under the investor relations tab at www.calwatergroup.com.  The call will be hosted by President...

EBITDA1 of $18 million on Sales of $457 millionNet Debt to Invested Capital1 of 21%; Liquidity of $363 millionVANCOUVER, British Columbia, Feb. 06, 2020 (GLOBE NEWSWIRE) — INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) recorded a net loss of $103.8 million, or $1.54 per share, in 2019, compared to net earnings of $111.1 million, or $1.59 per share in 2018.  Adjusted EBITDA was $63.4 million on sales of $1.9 billion.Interfor recorded a net loss in Q4’19 of $41.7 million, or $0.62 per share, compared to $35.6 million, or $0.53 per share in Q3’19 and $13.5 million, or $0.20 per share in Q4’18.  Adjusted net loss in Q4’19 was $17.4 million compared to $11.8 million in Q3’19 and $20.2 million in Q4’18.Adjusted EBITDA was $17.6 million on sales of $456.8...

VANCOUVER, British Columbia, Feb. 06, 2020 (GLOBE NEWSWIRE) — Silvercorp Metals Inc. (“Silvercorp” or the “Company”) (TSX/NYSE American: SVM) reported its financial and operating results for the third quarter ended December 31, 2019 (“Q3 Fiscal 2020”).  All amounts are expressed in US Dollars.Q3 FISCAL YEAR 2020 HIGHLIGHTS

ST. LOUIS, Feb. 06, 2020 (GLOBE NEWSWIRE) — Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, today reported results for the first fiscal quarter ended December 31, 2019.Highlights:Net sales of $1.5 billionOperating profit of $196.0 million; net earnings of $99.2 million and Adjusted EBITDA of $303.1 millionReaffirmed fiscal year 2020 Adjusted EBITDA (non-GAAP) guidance range of $1.22-$1.27 billion, including the results of BellRing BrandsBasis of PresentationOn October 21, 2019, the initial public offering (the “IPO”) of a minority interest in the BellRing Brands business, Post’s historical active nutrition business, was completed. Post fully consolidates the results of BellRing Brands, Inc. (“BellRing”) and its subsidiaries within Post’s financial statements and effective...

TYLER, Texas, Feb. 06, 2020 (GLOBE NEWSWIRE) — The Board of Directors of Southside Bancshares, Inc., (NASDAQ:SBSI), parent company of Southside Bank, declared a regular quarterly cash dividend of $0.31 per common share.  The cash dividend is scheduled for payment on March 5, 2020, to common stock shareholders of record on February 20, 2020. About Southside Bancshares, Inc.Southside Bancshares, Inc. is a bank holding company headquartered in Tyler, Texas, with approximately $6.75 billion in assets as of December 31, 2019.  Through its wholly-owned subsidiary, Southside Bank, Southside currently operates 60 branches and a network of 82 ATMs/ITMs throughout East Texas, Southeast Texas, Dallas/Fort Worth and Austin.  Serving customers since 1960, Southside Bank is a community-focused financial institution that offers...

CALGARY, Alberta, Feb. 06, 2020 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT) is pleased to announce the results of its annual independent reserves assessment as at December 31, 2019 and to provide an operational update.  The financial and operational information contained below is based on the Company’s unaudited expected results for the year ended December 31, 2019.  All currency amounts are in United States dollars, unless otherwise stated.2019 Year-End Corporate Reserves ReportOn a debt adjusted basis, production per share grew 34% and proved plus probable (“2P”) reserves per share increased by 18%. We exited 2019 with working capital of approximately $340 million and no debt. In 2020, we have multiple opportunities for continued growth and...

DALLAS, Feb. 06, 2020 (GLOBE NEWSWIRE) — Builders FirstSource, Inc. (Nasdaq: BLDR) (the “Company”) today announced that it has priced an offering of $550 million aggregate principal amount of unsecured 5.000% Senior Notes due 2030 (the “Notes”), which represents a $50 million increase in the previously announced size of the offering. The price to investors will be 100.000% of the principal amount of the Notes.The Company intends to use the net proceeds from the offering, together with borrowing under its senior secured ABL facility, to redeem all of the outstanding aggregate principal amount of its 5.625% Senior Secured Notes due 2024 (the “2024 Secured Notes”), to redeem $47.5 million aggregate principal amount of its 6.750% Senior Secured Notes due 2027 (the “2027 Secured Notes”),...

ST. LOUIS, Feb. 06, 2020 (GLOBE NEWSWIRE) — BellRing Brands, Inc. (NYSE:BRBR) (“BellRing”), a holding company operating in the global convenient nutrition category, today reported results for the first fiscal quarter ended December 31, 2019.Highlights:Net sales of $244.0 millionOperating profit of $49.3 million; net earnings available to Class A common stockholders of $6.0 million and Adjusted EBITDA of $58.6 millionReaffirmed fiscal year 2020 net sales guidance of $1.00-$1.05 billion; Adjusted EBITDA (non-GAAP) guidance of $192-$202 millionFirst Quarter Operating ResultsNet sales were $244.0 million, an increase of 31.3%, or $58.2 million, compared to the prior year period. Premier Protein net sales increased 45.0%, with volumes increasing 38.4%, primarily driven by distribution gains for ready-to-drink...

AUSTIN, Texas, Feb. 06, 2020 (GLOBE NEWSWIRE) — Plus Therapeutics, Inc. (Nasdaq: PSTV) (the “Company”), today announced that Andrew J. Sims has been appointed as the company’s Chief Financial Officer, effective February 5, 2020.A seasoned financial executive with two decades of leadership experience in North America, Europe and Asia, Mr. Sims has held senior management positions in numerous growth companies.  In his new role at Plus Therapeutics, Mr. Sims will oversee the company’s financial management and strategy, and will report to Dr. Marc Hedrick, the company’s President and Chief Executive Officer.Mr. Sims arrives at Plus Therapeutics having previously held Chief Financial Officer roles at several private equity-backed companies.  His focus has been on mergers and acquisitions,...

AUSTIN, Texas, Feb. 06, 2020 (GLOBE NEWSWIRE) — Plus Therapeutics, Inc. (Nasdaq: PSTV) (the “Company”), today announced that Greg B. Petersen has joined the Company’s Board of Directors to serve as an independent director, effective February 14, 2020.  Greg will serve on the Audit and Compensation Committees.  In addition, on January 31, 2020, Gregg Lapointe, submitted his resignation from the board of directors.“We are happy that Greg Petersen has agreed to join our Board of Directors,” said Dr. Marc Hedrick, President and CEO of Plus Therapeutics.  “Greg is a seasoned public company Chief Financial Officer and board member having served those positions for a number of high growth companies over his career.  More specifically, Greg has extensive experience in both...