Day: April 28, 2020

MOUNTAIN VIEW, Calif., April 28, 2020 (GLOBE NEWSWIRE) — IRIDEX Corporation (Nasdaq: IRIX) today announced the Company will release financial results for the first quarter of 2020 after the close of trading on Monday, May 11, 2020. The Company’s management team will host a corresponding conference call beginning at 2:00 p.m. PT / 5:00 p.m. ET.Investors interested in listening to the conference call may do so by dialing (844) 707-0665 for domestic callers or (703) 326-3030 for international callers, using conference ID: 5765385. A live and archived webcast of the event will be available on the “Investors” section of the Company’s website at: www.iridex.com.About IRIDEXIRIDEX Corporation is a worldwide leader in developing, manufacturing, and marketing innovative and versatile laser-based medical systems, delivery devices and consumable...

FIRST QUARTER 20201 HIGHLIGHTSGAAP diluted EPS was ($0.05), compared to $0.45 in 4Q19 and $0.25 in 1Q19Core diluted EPS was $0.19, compared to $0.41 in 4Q19 and $0.33 in 1Q19Net interest margin was 2.44%, down 4bps QoQ and 13bps YoYCore net interest margin was 2.49%, up 16bps QoQ and down 3bps YoYGAAP net interest income of $40.8 million, down 0.9% QoQ and 2.3% YoYCore net interest income of $42.9 million, up 7.0% QoQ and 1.1% YoYGAAP and core ROAE (1.0)% and 3.8%, respectively, compared with 9.1% and 8.4%, respectively in 4Q19GAAP and core ROAA were (0.1)% and 0.3%, respectively, compared with 0.7% and 0.7%, respectively in 4Q19Loan pipeline remains strong at $324.4 millionProvision for credit losses of $7.2 million, $0.18 after-tax per diluted common share, driven mainly by economic conditions arising from COVID-19 pandemicNet charge-offs...

MISSISSAUGA, Ontario, April 28, 2020 (GLOBE NEWSWIRE) — Smart Employee Benefits Inc. (“SEB” or the “Company”) (TSXV: SEB) announces that the challenges posed by COVID-19 have resulted in a continuing delay in the finalization and filing of: (i) the Company’s audited annual financial statements for the fiscal year ended November 30, 2019 and the related management’s discussion and analysis (collectively, the “Annual Filings”); and (ii) the Company’s interim financial statements for the quarter ended February 29, 2020 and the related management’s discussion and analysis (collectively the “First Quarter Filings”), all as required by Part 4 and Part 5 of National Instrument 51-102: Continuous Disclosure Obligations. This news release is being issued in accordance with the blanket relief of a 45-day extension, provided by Canadian Securities...

MONACO, April 28, 2020 (GLOBE NEWSWIRE) — Scorpio Bulkers Inc. (NYSE:SALT) (“Scorpio Bulkers,” or the “Company”) plans to announce first quarter 2020 financial results in a press release that will be issued before the market open on Monday, May 11, 2020.A conference call to discuss the Company’s results will be held at 9:00 AM Eastern Daylight Time / 3:00 PM Central European Summer Time on May 11, 2020. Those wishing to listen to the call should dial 1 (866) 219-5268 (U.S.) or 1 (703) 736-7424 (International) at least 10 minutes prior to the start of the call to ensure connection. The conference participant passcode is 3965438. The information provided on the teleconference is only accurate at the time of the conference call, and the Company will take no responsibility for providing updated information.There will also be a simultaneous...

CHIHUAHUA, Mexico, April 28, 2020 (GLOBE NEWSWIRE) — Grupo Cementos de Chihuahua, S.A.B. de C.V. (BMV: GCC*), a leading supplier and producer of cement and concrete in the United States, Mexico and Canada, today announced its results for the first quarter 2020.Q1 2020 HIGHLIGHTS

MONACO, April 28, 2020 (GLOBE NEWSWIRE) — Scorpio Tankers Inc. (NYSE: STNG) (“Scorpio Tankers,” or the “Company”) announced today that on Wednesday, May 6, 2020, the Company plans to issue its first quarter 2020 earnings press release in the morning (Eastern Daylight Time) and host a conference call later that day, details to follow.About Scorpio Tankers Inc.Scorpio Tankers is a provider of marine transportation of petroleum products worldwide. The Company’s fleet consists of 137 wholly owned, finance leased or bareboat chartered-in tankers (42 LR2, 12 LR1, 62 MR and 21 Handymax) with a weighted average age of approximately 4.5 years.  The Company also has a leasehold interest in an MR product tanker that is currently under construction.  Additional information about the Company is available at the Company’s...

CALGARY, Alberta, April 28, 2020 (GLOBE NEWSWIRE) — Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is taking further actions in response to the decline in global oil prices to bolster balance sheet strength and corporate resiliency.Upsized Contingent Bitumen RoyaltyAthabasca is pleased to announce an upsizing of the previously completed Contingent Bitumen Royalty with Burgess Energy Holdings L.L.C. (the “Royalty”) for additional cash consideration of $70 million.  Athabasca has now raised total cash proceeds of $467 million since 2016 through this unique funding structure at an extremely attractive cost of capital. The transaction closed on April 28, 2020.The upsized Royalty is limited to Leismer, Hangingstone and Corner. The Royalty follows the same structure as the existing contingent bitumen royalties and...

FORT LAUDERDALE, Fla., April 28, 2020 (GLOBE NEWSWIRE) — SEACOR Holdings Inc. (NYSE:CKH) (the “Company”) today announced its results for the first quarter ended March 31, 2020:Net income attributable to stockholders for the quarter ended March 31, 2020 was $1.5 million ($0.07 per diluted share) compared with $7.7 million ($0.41 per diluted share) for the quarter ended March 31, 2019.  The current quarter included a $12.7 million ($0.64 per diluted share) income tax benefit as a result of the passage of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) and included net foreign currency losses of $3.6 million ($0.18 per diluted share) primarily due to the depreciation of the Colombian peso relative to the U.S. dollar.Operating loss for the quarter ended March 31, 2020 was $0.1 million compared with...

DAYTONA BEACH, Fla., April 28, 2020 (GLOBE NEWSWIRE) — Consolidated-Tomoka Land Co. (NYSE American: CTO) (the “Company”) today announced its operating results and earnings for the quarter ended March 31, 2020.QUARTER HIGHLIGHTSCash Flow and Liquidity UpdateIn the first quarter ended March 31, 2020 the Company generated nearly $5.1 million of cash flow from operations, exceeding the aggregate of the Company’s approximately $3.9 million in share buybacks and approximately $1.2 million in dividends to shareholders. The Company’s cash position and cash flow estimate for 2020 is as follows:(1) Includes approximately $10.5 million of unrestricted cash and approximately $4.2 million of 1031 restricted cash generated from sale of property leased to CVS in Dallas, Texas on April 24, 2020.(2) Estimated cash flow and per share amounts exclude...

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR RELEASE, PUBLICATION OR DISSEMINATION, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.TORONTO, April 28, 2020 (GLOBE NEWSWIRE) — Blockchain Foundry Inc. (“BCF” or the “Company”) (CSE:BCFN) (FWB:8BF) (OTC:BLFDF) is providing an update on the status of the filing of its annual financial statements and accompanying management’s discussion and analysis, and CEO and CFO certifications for the period ended December 31, 2019 (collectively, the “Annual Filings”). On March 18, 2020, the Canadian Securities Administrators (CSA) announced that they will provide issuers with a 45-day filing extension for filings required on or before June 1, 2020. BCF is relying on this exemption for the Annual Filings in accordance...