Day: February 27, 2020

MOOREFIELD, W.Va., Feb. 27, 2020 (GLOBE NEWSWIRE) — Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today announces its Board of Directors recently declared a first quarter 2020 dividend of $0.17 per share payable on March 31, 2020 to common shareholders of record as of the close of business on March 16, 2020, representing a 13 percent increase compared to the $0.15 paid in Q4 2019.Summit Financial Group, Inc. is a $2.4 billion financial holding company headquartered in Moorefield, West Virginia. Summit provides community banking services primarily in the Eastern Panhandle, Southern and North Central regions of West Virginia and the Northern, Shenandoah Valley and Southwestern regions of Virginia, through its bank subsidiary, Summit Community Bank, Inc., which operates thirty-six banking locations.Teresa Ely, Director of...

HOUSTON, Feb. 27, 2020 (GLOBE NEWSWIRE) — Dril-Quip, Inc. (NYSE: DRQ) (the “Company” or “Dril-Quip”) today reported operational and financial results for the fourth quarter and full year 2019.Key highlights included:Continued revenue growth with fourth quarter 2019 revenue of $108.5 million and full year 2019 revenue of $414.8 million, both at the high end of their respective guidance ranges;Increased product bookings to $101 million in the fourth quarter of 2019 and to $388 million for the full year of 2019 driven by additional growth in new technology product orders;   Reported net income of $7.4 million, or $0.21 per diluted share, in the fourth quarter of 2019 and net income of $1.7 million, or $0.05 per diluted share, for the full year 2019;Generated net cash provided by operating activities of $8.1 million in the fourth quarter...

NEW YORK, Feb. 27, 2020 (GLOBE NEWSWIRE) — Weyland Tech, Inc. (OTCQX: WEYL) (OTCQX: WEYLD), a leading global provider of mCommerce platform-as-a-service (PaaS), eCommerce managed services and mobile fintech solutions, has been invited to present at the 32nd Annual ROTH Conference being held at The Ritz Carlton in Laguna Niguel, California on March 15-17, 2020.The conference will feature presentations from public and private companies across a variety of industry sectors. Last year, the ROTH Conference hosted 550 presenting companies and 5,100 attendees, including institutional investors, analysts, family offices and high net worth investors.Weyland Tech senior management is scheduled to present in one-on-one meetings on March 16-17. They will discuss the rapid growth in subscriptions to the company’s CreateApp platform-as-a-service,...

CALGARY, Alberta, Feb. 27, 2020 (GLOBE NEWSWIRE) — Canadian Spirit Resources Inc. (“CSRI” or the “Corporation”) (TSXV:SPI) (OTCBB:CSPUF) announces that it is embarking on a plan to aggressively reduce costs, including G&A expenses. Louisa DeCarlo, Chairman of the Board, has been appointed CEO of the Corporation with a mandate to implement the plan, which if fully implemented will replace employees with a contract management company.The appointment of Ms. DeCarlo will allow Richard Couillard to enter into his long delayed retirement. The Board of Directors wish to thank Rich for having delayed his retirement and for everything he has done for the Corporation as CEO since 2014 and as a director prior to that.Information regarding CSRI is available on SEDAR at www.sedar.com or the Corporation’s website at www.csri.ca.For further...

MELBOURNE, Fla., Feb. 27, 2020 (GLOBE NEWSWIRE) — The Goldfield Corporation (NYSE American: GV), a leading provider of electrical construction services for the utility industry and industrial customers through its subsidiaries Power Corporation of America, C and C Power Line, Inc., Precision Foundations, Inc., and Southeast Power Corporation, with operations primarily in the Southeast, mid-Atlantic and Texas-Southwest regions of the United States, today announced it will issue fourth-quarter and full-year 2019 financial results after the market closes on Wednesday, March 11. Investors can access the financial results (including any information required by Regulation G) at http://ir.goldfieldcorp.com/financial-results.The Company’s President and Chief Executive Officer John H. Sottile and Chief Financial Officer Stephen R. Wherry...