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Month: April 2020

Southern Michigan Bancorp, Inc. Announces First Quarter 2020 Earnings

COLDWATER, Mich., April 29, 2020 (GLOBE NEWSWIRE) — Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) announced first quarter net income of $1,513,000, a 21.2% decrease compared to net income of $1,920,000 for the first quarter of 2019. Earnings per share for the first quarter of 2020 were $0.66 per share, a decrease of 20.5% compared to $0.83 per share for the first quarter of 2019.John H. Castle, Chairman and Chief Executive Officer of Southern Michigan Bancorp, Inc., stated, “These are unprecedented times. We are proud of the work our employees are doing to help our customers and each other through this pandemic.”As of March 31, 2020, total consolidated assets were $828.3 million compared to $809.7 million at December 31, 2019.“While our asset quality metrics remained strong at March 31, 2020, the overall impact COVID-19 will...

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Ackroo releases 2019 Audited Financial Results reporting 18% YoY growth

HAMILTON, Ontario, April 29, 2020 (GLOBE NEWSWIRE) — Ackroo Inc. (TSX-V: AKR; OTC: AKRFF) (the “Company” or “Ackroo”), a loyalty marketing, gift card and payments technology and services provider, has filed its financial results for the year ended December 31, 2019. The results for the year ended December 31, 2019 reflect 18% year over year revenue growth from 2018 and a 7-year cumulative average growth rate of 36% per year since inception in 2012. The results also include a 25% increase in subscription revenue and a 51% increase in EBITDA over 2018.“2019 was a great year for the Company,” said Steve Levely, CEO at Ackroo. “We once again delivered double digit year over year growth while continuing to improve our technology, services and operations. We acquired and began integrating our largest acquisition to date in IQ724 which...

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Republic First Bancorp, Inc. Reports First Quarter Financial Results Loans Grow 27% and Deposits Increase by 19%

PHILADELPHIA, April 29, 2020 (GLOBE NEWSWIRE) — Republic First Bancorp, Inc. (NASDAQ: FRBK), the holding company for Republic Bank, today announced its financial results for the period ended March 31, 2020.Q1-2020 Financial HighlightsTotal loans grew $405 million, or 27%, to $1.9 billion as of March 31, 2020 compared to $1.5 billion at March 31, 2019. Total deposits increased by $466 million, or 19%, to $2.9 billion as of March 31, 2020 compared to $2.5 billion as of March 31, 2019. New stores opened since the beginning of the “Power of Red is Back” expansion campaign are currently growing deposits at an average rate of $24 million per year, while the average deposit growth for all stores over the last twelve months was approximately $16 million per store. Profitability improved compared to the previous quarter as the reported net...

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Fidelity D & D Bancorp, Inc. Reports First Quarter 2020 Financial Results

DUNMORE, Pa., April 29, 2020 (GLOBE NEWSWIRE) — Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC) and its banking subsidiary The Fidelity Deposit and Discount Bank, announced net income for the quarter ended March 31, 2020 of $2.6 million, or $0.69 diluted earnings per share, compared to $2.8 million, or $0.73 diluted earnings per share, for the quarter ended March 31, 2019. The $0.2 million, or 6%, reduction in net income resulted primarily from a $0.5 million increase in non-interest expenses. Operating expenses included $0.3 million, or $0.07 per share, of nonrecurring merger-related expenses, net of tax, incurred during the first quarter of 2020. If not for these merger-related expenses, net income would have otherwise increased $0.1 million, or 3%, when compared to the first quarter 2019 period, driven primarily by higher non-interest...

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H2O Innovation Announces the Release of its Financial Results for the Third Quarter of Fiscal Year 2020

QUEBEC CITY, April 29, 2020 (GLOBE NEWSWIRE) — (TSXV: HEO) – H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) announces that it will release its financial results for the third quarter of fiscal year 2020 on Wednesday, May 13, 2020, at approximately 8:00 a.m. (EDT). The Corporation will also host a conference call, on the same day, at 10:00 a.m. (EDT).Financial analysts and investors are invited to attend this conference call during which the 2020 third quarter results will be presented. The call will begin with a presentation by management followed by a question-and-answer period. A slide presentation will be available on the Corporate Presentations page of the Investors section of the Corporation’s website.Time and date: Wednesday, May 13, 2020 at 10:00 a.m. (EDT)Dial in number: 1-877-223-4471 or 647-788-4922About H2O Innovation H2O...

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H2O Innovation annonce la publication de ses résultats financiers du troisième trimestre 2020

QUÉBEC, 29 avr. 2020 (GLOBE NEWSWIRE) — (TSXV : HEO) – H2O Innovation inc. (« H2O Innovation » ou la « Société ») annonce aujourd’hui qu’elle publiera ses résultats financiers du troisième trimestre de l’année financière 2020, le mercredi 13 mai 2020, vers 8h00 HAE. La Société tiendra également une conférence téléphonique, le jour même, à 10h00 HAE.Les analystes financiers et investisseurs sont invités à participer à cette conférence téléphonique au cours de laquelle les résultats financiers du troisième trimestre de l’année financière 2020 seront présentés. La conférence téléphonique débutera par une présentation de la direction et sera suivie d’une période de questions. Une présentation sous forme de diapositives sera disponible sur la page Présentations Corporatives de la section Investisseurs du site web de la Société.Date et...

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Adaptimmune to Report Q1 Financial Results on Thursday, May 14, 2020

– The Company will also present updated data at three Congresses –PHILADELPHIA and OXFORDSHIRE, United Kingdom, April 29, 2020 (GLOBE NEWSWIRE) — Adaptimmune Therapeutics plc (Nasdaq:ADAP), a leader in cell therapy to treat cancer, will report financial results for Q1 2020, before the U.S. markets open on Thursday, May 14, 2020. Following the announcement, the Company will host a live teleconference and webcast at 8:00 a.m. EDT (1:00 p.m. BST) on the same day (details below).The press release and the live webcast of the conference call will be available in the investor section of Adaptimmune’s corporate website at www.adaptimmune.com. An archive will be available after the call at the same address.To participate in the live conference call, please dial (833) 652-5917 (U.S. or Canada) or +1 (430) 775-1624 (International)....

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Conference Call Notice: Intertape Polymer Group Inc. First Quarter 2020  

MONTREAL and SARASOTA, Fla., April 29, 2020 (GLOBE NEWSWIRE) — Intertape Polymer Group Inc. (TSX:ITP)AN ACCOMPANYING PRESENTATION WILL ALSO BE AVAILABLE.  DETAILS FOR ACCESS WILL BE INCLUDED IN THE FIRST QUARTER PRESS RELEASE.CONFERENCE CALL WILL BE AVAILABLE BY WEBCASTClick on following link to pre-registerhttps://onlinexperiences.com/Launch/QReg/ShowUUID=46909EC6-FCDA-4FC2-A375-29F2B1178926 DIGITIZED REPLAYFIRST QUARTER RESULTS WILL BE PUBLISHED BEFOREMARKET OPENS, MAY 13 THROUGH GLOBENEWSWIRE.For further information, please contact:Ross MarshallLodeRock Advisors, Inc.Tel : (416) 526-1563                                                                   

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REPEAT – Gold Lion Mobilizes Exploration Crews to its Robber Gulch Property

VANCOUVER, British Columbia, April 29, 2020 (GLOBE NEWSWIRE) — Gold Lion Resources Inc. (“Gold Lion” or the “Company”) (CSE: GL) (OTC: GLIOF) (FWB: 2BC) is pleased to announce that it has mobilized exploration crews to its Robber Gulch gold Property (“Robber Gulch” or the “Property”) located near Burley, Idaho. The Property is under option from EMX Royalty Corp. A geochemical sampling program (>1200 soil samples) is being conducted over an area of prospective Pennsylvanian-Permian calcareous siltstones known as the Oquirrh Formation, which is host to gold mineralization 90 kilometers to the east on Liberty Gold’s Black Pine gold project1. The Oquirrh Formation is exposed within an erosional window of post-mineral volcanic rocks on Robber Gulch and to the best of the Company’s knowledge the Property has not had any prior soil geochemical...

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Patriot One Joins NVIDIA Metropolis Software Partner Program

TORONTO, April 29, 2020 (GLOBE NEWSWIRE) — Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL) (“Patriot One” or the “Company”), maker of the PATSCAN Multi-Sensor Covert Threat Detection Platform, today announced it has joined the NVIDIA Metropolis Software Partner Program.The NVIDIA Metropolis platform allows companies to create complete solutions for video capture, processing, storage, and visualization – from the edge to the cloud. The partner certification program offers system design tools and turnkey software packages enabling pre-validated, enterprise-ready intelligent video analytics (IVA) solutions that can be deployed to build smarter and safer cities worldwide. The certified software, once deployed in the field, makes it hassle-free for companies to manage and upgrade software easily and scale out...

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