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Month: April 2020

Mexico Extends Non-Essential Business Suspension by 30 Days While Suggesting Sooner Start for Lesser Affected COVID-19 Zones

COLORADO SPRINGS, April 22, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Gold Resource Corporation (NYSE American: GORO) (the “Company”) announced today that Mexico extended its national health emergency for another 30 days until May 30, 2020 to combat the spread of the COVID-19 virus.  The extension order was published April 21, 2020 in the Official Gazette of the Federation and extended the original order set until April 30, 2020.  This suspension order continues the temporary closure of the Company’s Oaxaca Mining Unit operations in Mexico.  The Mexican government has signaled it is evaluating zones with the least COVID-19 impact for potential earlier start-up. The COVID-19 impact map provided by the government shows Oaxaca among the least impacted zones in Mexico.  The Company is finalizing its proposed start-up plan to...

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Origin Bancorp, Inc. Reports Earnings for First Quarter 2020

RUSTON, La., April 22, 2020 (GLOBE NEWSWIRE) — Origin Bancorp, Inc. (Nasdaq: OBNK) (“Origin” or the “Company”), the holding company for Origin Bank (the “Bank”), today announced net income of $753,000 for the quarter ended March 31, 2020. This represents a decrease of $12.1 million from the quarter ended December 31, 2019, and a decrease of $13.4 million from the quarter ended March 31, 2019. Diluted earnings per share for the quarter ended March 31, 2020, was $0.03, down $0.52 from the linked quarter and down $0.57 from the quarter ended March 31, 2019. The decline was driven by increases in provision expense of $16.2 million and $17.5 million over the linked quarter and quarter ended March 31, 2019, respectively. Provision expense was elevated due to the forecasting nature of CECL and the economic...

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ObsEva Announces Publication of Abstracts from Phase 2b EDELWEISS Trial of Linzagolix in Endometriosis

  Significant improvement in quality of life outcomes maintained or increased after 52 weeks of treatment with linzagolixSmall, expected, non-clinically relevant increases in serum lipids observed at 12 weeks generally stable at 52 weeks GENEVA, Switzerland and BOSTON, MA (April 22, 2020) – ObsEva SA (NASDAQ: OBSV) (SIX: OBSN), a biopharmaceutical company developing and commercializing novel therapies to improve women’s reproductive health, today reported that there will be an online publication of two abstracts in Obstetrics and Gynecology (The Green Journal), the official journal of the American College of Obstetricians and Gynecologists, on Thursday 23rd April at 5pm ET. The abstracts, titled “Quality of Life Results After 52 Weeks of Treatment with Linzagolix for Endometriosis-Associated Pain” and “Linzagolix for Endometriosis-Associated...

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Rosetta Stone to Report First Quarter 2020 Results on May 6, 2020

Arlington, VA, April 22, 2020 (GLOBE NEWSWIRE) — Rosetta Stone Inc. (NYSE:RST), a world leader in technology-based learning solutions, today announced it will report its first quarter 2020 financial results, for the period ended March 31, 2020, after the U.S. financial markets close on Wednesday, May 6, 2020. In conjunction with that report, the Rosetta Stone management team will host a conference call at 5:00 p.m. ET on May 6 to discuss the Company’s results and business outlook.Investors may dial into the live conference call using 1-201-689-8470 (toll / international) or 1-877-407-9039 (toll-free). A live webcast will also be available in the investor relations section of the Company’s website at http://investors.rosettastone.com. A replay will be made available soon after the live conference call is completed and will...

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Washington Real Estate Investment Trust Announces First Quarter Financial and Operating Results and Quarterly Dividend

WASHINGTON, April 22, 2020 (GLOBE NEWSWIRE) — Washington Real Estate Investment Trust (“WashREIT” or the “Company”) (NYSE: WRE), a leading owner and operator of multifamily and commercial properties in the Washington, DC area, reported financial and operating results today for the quarter ended March 31, 2020:Financial ResultsNet income attributable to controlling interests was $1.7 million, or $0.02 per diluted shareNAREIT FFO(1) was $31.4 million, or $0.38 per diluted shareCore FFO(1) was  $0.37 per diluted shareOperational HighlightsNet Operating Income (NOI)(2) was $48.2 millionSame-store(3) NOI declined 1.6% and cash NOI declined 1.1% over first quarter 2019. The decline was primarily due to a same-store office NOI decline of 6.6% over first quarter 2019, driven largely by scheduled office lease expirations as well as lower...

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Landstar System Reports 2020 First Quarter Results and Its Response to the COVID-19 Pandemic

JACKSONVILLE, Fla., April 22, 2020 (GLOBE NEWSWIRE) — Landstar System, Inc. (NASDAQ: LSTR) reported diluted earnings per share of $1.04 in the 2020 first quarter on revenue of $927.6 million. Landstar reported diluted earnings per share of $1.58 on revenue of $1.033 billion in the 2019 first quarter. Gross profit (defined as revenue less the cost of purchased transportation and commissions to agents) was $142.9 million in the 2020 first quarter compared to $155.6 million in the 2019 first quarter.Truck transportation revenue hauled by independent business capacity owners (“BCOs”) and truck brokerage carriers in the 2020 first quarter was $854.6 million, or 92 percent of revenue, compared to $953.1 million, or 92 percent of revenue, in the 2019 first quarter. Truckload transportation revenue hauled via van equipment in the 2020 first...

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Meta Financial Group, Inc.® Announces Results for 2020 Fiscal Second Quarter

– 2020 Fiscal Second Quarter Net Income of $52.3 Million, or $1.45 Per Diluted Share –– Committed to Further Enhancing Financial Capacity and Flexibility –– Suspends 2020 Outlook and Share Repurchase Program –SIOUX FALLS, S.D., April 22, 2020 (GLOBE NEWSWIRE) — Meta Financial Group, Inc.® (Nasdaq: CASH) (“Meta” or the “Company”) reported net income of $52.3 million, or $1.45 per diluted share, for the three months ended March 31, 2020, compared to net income of $32.1 million, or $0.81 per diluted share, for the three months ended March 31, 2019.“Our fiscal second quarter, which has in the past been driven by our high volume tax businesses, was met with unprecedented uncertainty and market volatility associated with the spread of COVID-19. Our priorities are the health and safety of our employees...

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Matthews International Declares Quarterly Dividend

PITTSBURGH, April 22, 2020 (GLOBE NEWSWIRE) — Matthews International Corporation (NASDAQ GSM: MATW) announced that its Board of Directors declared, at its regularly scheduled meeting today, a dividend of $0.21 per share on the Company’s common stock.The dividend is payable May 18, 2020 to stockholders of record May 4, 2020.About Matthews International CorporationMatthews International Corporation is a global provider of brand solutions, memorialization products and industrial technologies. The SGK Brand Solutions segment is a leader in providing brand development, deployment and delivery services that help build our clients’ brands and consumers’ desire for them. The Memorialization segment is a leading provider of memorialization products, including memorials, caskets and cremation and incineration equipment, primarily to cemetery...

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