Month: April 2020

LIVERMORE, Calif., April 29, 2020 (GLOBE NEWSWIRE) — McGrath RentCorp (NASDAQ: MGRC) (the “Company”), a diversified business-to-business rental company, today announced total revenues for the quarter ended March 31, 2020 of $129.5 million, an increase of 6%, compared to the first quarter of 2019.  The Company reported net income of $20.2 million, or $0.81 per diluted share, for the first quarter of 2020, compared to net income of $18.4 million, or $0.75 per diluted share, for the first quarter of 2019. FIRST QUARTER 2020 COMPANY HIGHLIGHTS:Income from operations increased 9% year-over-year to $29.7 million.Rental revenues increased 8% year-over-year to $89.5 million.Adjusted EBITDA1 increased 10% year-over-year to $54.9 million.   Dividend rate increased 12% year-over-year to $0.42 per share for the first quarter of 2020.  On an...

Revenue: $611 million, up 22% from the first quarter of 2019EBITDA Margin: 9.0%Diluted EPS: $0.71, up 34% from the first quarter of 2019Adjusted Diluted EPS: $0.81, up 31% from the first quarter of 2019Bookings of $1.1 billion resulting in a book-to-bill ratio of 1.8Cash Flow from Operations: $43 millionHERNDON, Va., April 29, 2020 (GLOBE NEWSWIRE) — ManTech International Corporation (Nasdaq:MANT), a leading provider of innovative technologies and solutions for mission-critical national security programs, today announced financial results for the first quarter of fiscal year 2020, which ended March 31, 2020.“ManTech’s steadfast prioritization of its customers and employees continues to yield long-term shareholder value creation. In the quarter, we delivered healthy organic growth, won new work at scale, improved profitability...

SILICON SLOPES, Utah, April 29, 2020 (GLOBE NEWSWIRE) — Pluralsight, Inc. (NASDAQ: PS), the enterprise technology skills company, today announced financial results for the first quarter ended March 31, 2020.“We went into the year with overall strength in the business prior to hitting the pandemic headwinds.  We have moved aggressively with our cost structure to preserve balance sheet flexibility while investing in our product, which the world needs now more than ever,” said Aaron Skonnard, co-founder and CEO of Pluralsight. “During this time of uncertainty, we believe companies that invest in technology skills development give themselves the chance to rebound stronger as we emerge from this pandemic.  As a result of focusing on our customer’s immediate needs and partnering to problem solve, we expect that in the long term all of...

Rockville, MD, April 29, 2020 (GLOBE NEWSWIRE) —MacroGenics, Inc. (NASDAQ: MGNX), a clinical-stage biopharmaceutical company focused on discovering and developing innovative monoclonal antibody-based therapeutics for the treatment of cancer, today announced three clinical presentations at the American Society of Clinical Oncology (ASCO) upcoming ASCO20 Virtual Scientific Program to be held May 29-31, 2020.ASCO Virtual PresentationsTitle: A phase I, first-in-human, open-label, dose-escalation study of MGD013, a bispecific DART molecule binding PD-1 and LAG-3, in patients with unresectable or metastatic neoplasmsAuthors: Jason J. Luke, et al.Session: Developmental Therapeutics—ImmunotherapySession Type: Oral Abstract SessionAbstract: 3004Title: Preliminary dose escalation results from a phase I/II, first-in-human study of MGC018 (anti-B7-H3...

RESEARCH TRIANGLE PARK, N.C., April 29, 2020 (GLOBE NEWSWIRE) — Fennec Pharmaceuticals Inc. (NASDAQ:FENC) (TSX:FRX), a specialty pharmaceutical company focused on the development of PEDMARK™ (a unique formulation of sodium thiosulfate) for the prevention of platinum-induced ototoxicity from cisplatin in pediatric cancer patients, today announced that it intends to offer its common shares in an underwritten public offering. In addition, Fennec intends to grant the underwriters a 30-day option to purchase up to an additional 15% of its common shares offered in the public offering.Cantor Fitzgerald & Co. is acting as the sole book-running manager for the proposed offering. Wedbush PacGrow is acting as the co-manager.The common shares are being offered by the Company pursuant to a registration statement previously filed with and...

FAIR LAWN, N.J., April 29, 2020 (GLOBE NEWSWIRE) — Columbia Financial, Inc. (the “Company”) (NASDAQ: CLBK), the mid-tier holding company for Columbia Bank (the “Bank”), reported net income of $6.8 million, or $0.06 per basic and diluted share, for the quarter ended March 31, 2020, as compared to net income of $14.9 million, or $0.13 per basic and diluted share, for the quarter ended March 31, 2019. The decrease in earnings for the quarter ended March 31, 2020 was mainly the result of a higher provision for loan losses driven primarily by increases to macro-economic qualitative factors impacted by the ongoing COVID-19 pandemic. The increase in the provision for loan losses coupled with an increase in non-interest expense was partially offset by an increase in net interest income driven by an increase in interest on loans...

NORTHLAKE, Texas, April 29, 2020 (GLOBE NEWSWIRE) — Farmer Bros. Co. (NASDAQ:FARM) (the “Company”) today announced that it has drawn down $34.0 million on its $125.0 million revolving credit facility, bringing the total amount outstanding to $122.0 million of revolving loans and $2.3 million of outstanding letters of credit. This is a proactive measure to increase the Company’s cash position and preserve financial flexibility.Deverl Maserang, President and Chief Executive Officer of Farmer Brothers, said, “We remain focused on taking actions to support the long-term sustainability of our business as we continue to navigate the evolving COVID-19 situation. In addition to the steps we have already taken to eliminate discretionary expenses and reduce capital expenditures, we are accessing additional funds through our credit facility...

CALGARY, Alberta, April 29, 2020 (GLOBE NEWSWIRE) — Northview Apartment Real Estate Investment Trust (“Northview” or “the REIT”) (TSX:NVU.UN) today announced the filing of a management information circular in connection with the previously announced arrangement agreement (the “Arrangement”) with affiliates of Starlight Group Property Holdings Inc. (“Starlight”) and KingSett Capital Inc. (“KingSett”) (collectively, the “Purchasers”), pursuant to which the Purchasers will acquire Northview and the holders of Northview’s outstanding trust units (“Units”) (other than Starlight’s interest in the REIT which will be rolled into the acquiring entities) will receive $36.25 per Unit (the “Transaction”), payable, at the election of Unitholders, in cash, in a combination of cash and units of a new multi-residential fund (the “High Yield Fund”),...

Boliga Gruppen A/S: Tilrettet forløb af ordinær generalforsamling 2020Boliga Gruppen A/SCVR nr. 25 07 87 80(“Selskabet“)Fondsbørsmeddelelse nr. 6/2020Vedhæftet er tilrettet forløb af ordinær generalforsamling vedrørende dagsordenens punkt 2 og spørgsmål nr. 4 stillet af aktionær.Punkt 2 er ændret til følgende:”Forelæggelse af årsrapport til godkendelseSelskabets CFO, Mikkel C. Hesselberg, fremlagde Selskabets årsrapport for 2019 og forelagde årsrapporten til godkendelse.Årsrapporten blev godkendt med 11.747.004 stemmer for, mens 286.400 stemmer undlod at stemme.”Spørgsmål 4 er tilføjet og besvaret sammen med spørgsmål 5.”Spørgsmål 4 og 5 blev besvaret samlet på generalforsamlingen:Spørgsmål 4: Forventer bestyrelsen nye omsætningskilder relateret til boligportaler, som ikke er kendt for aktiemarkedet?Spørgsmål 5: Kan bestyrelsen...

Millicom refutes Telefónica’s claim over Costa Rica purchase agreementLuxembourg, April 29, 2020 – Millicom International Cellular S.A. refutes Telefonica’s recent public communications alleging that the conditions to closing the Share Purchase Agreement (SPA) for the acquisition of Telefónica’s operating subsidiary in Costa Rica have been met.  Millicom further notes that, in the event that the pending regulatory approvals for the transaction are not issued by May 1, 2020, it intends to terminate the SPA in accordance with the terms of the agreement.As communicated in the press release dated February 20, 2019, Millicom entered into the SPA on that date to acquire Telefonica’s Costa Rica mobile business subject to customary closing conditions, which included the issuance of required regulatory approvals, certain of which have not yet...