Day: May 6, 2020

PAOLI, Pa., May 06, 2020 (GLOBE NEWSWIRE) — Malvern Bancorp, Inc. (NASDAQ: MLVF) (the “Company”), the parent company of Malvern Bank, National Association (“Malvern” or the “Bank”), today reported operating results for the second fiscal quarter ended March 31, 2020.   Net income amounted to $1.9 million, or $0.25 per fully diluted common share, compared with net income of $2.0 million, or $0.26 per fully diluted common share, for the quarter ended March 31, 2019. Annualized return on average assets (“ROAA”) was 0.61 percent for the quarter ended March 31, 2020, compared to 0.70 percent for the quarter ended March 31, 2019, and annualized return on average equity (“ROAE”) was 5.29 percent for the quarter ended March 31, 2020, compared with 5.74 percent for the quarter ended March 31, 2019.For the six months ended March 31, 2020,...

NASHVILLE, Tenn., May 06, 2020 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE:HR) today announced results for the first quarter ended March 31, 2020. The Company reported net income of $4.3 million, or $0.03 per diluted common share, for the quarter ended March 31, 2020. Normalized FFO for the three months ended March 31, 2020 totaled $54.5 million, or $0.41 per diluted common share.The Company has provided a separate disclosure regarding its COVID-19 business update which can be found on the Company’s website, www.healthcarerealty.com/investor-relations/.Salient highlights for the first quarter include:Normalized FFO per share increased 4.4% over first quarter of 2019.For the trailing twelve months ended March 31, 2020, same store cash NOI grew 2.4%.Revenues increased 2.7% and revenue per average occupied square...

HOUSTON, May 06, 2020 (GLOBE NEWSWIRE) — U.S. Well Services, Inc. (Nasdaq: USWS) today announced that due to increasing public health concerns posed by the COVID-19 pandemic and out of concern for the health and well-being of U.S. Well Services, Inc.’s stockholders and employees, the location of U.S. Well Services, Inc.’s annual meeting of stockholders (the “Annual Meeting”) to be held on Wednesday, May 27, 2020 at 10:00 a.m. Central Time, has been changed. The Annual Meeting will be held solely by means of remote communication in an audio-only virtual meeting format. Stockholders will not be able to attend the Annual Meeting in person this year. The date and time of the Annual Meeting have not changed. The only items of business are the same as set forth in the Notice of Annual Meeting of Stockholders and Proxy Statement previously...

DENVER, May 06, 2020 (GLOBE NEWSWIRE) — TrackX Holdings Inc. (TSX.V:TKX | OTC: TKXHF | FRANKFURT:3TH) (“TrackX” or the “Company”), a SaaS-based enterprise asset management solution provider, announces the financial and operational highlights from its first quarter of fiscal 2020 ended December 31, 2019. All results are reported in Canadian dollars unless otherwise specified. A complete set of the December 31, 2019 Consolidated Financial Statements and Management’s Discussion & Analysis has been filed on SEDAR (www.sedar.com).Financial Highlights for the 3-Months Ended December 31, 2019Recurring revenue increased 28% over the previous year period and 3% over the prior quarter to $731,123;Quarterly revenue of $1.18 million versus $2.19 million in the year-ago quarter (46% decrease); largely resulting from a strategic reduction...

Declares a Regular Quarterly Cash Dividend of $0.02 per ShareNEW YORK, May 06, 2020 (GLOBE NEWSWIRE) — Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the transportation of major and minor bulk commodities globally, today reported its financial results for the three months ended March 31, 2020.The following financial review discusses the results for the three months ended March 31, 2020 and March 31, 2019.First Quarter 2020 and Year-to-Date Highlights

DALLAS, May 06, 2020 (GLOBE NEWSWIRE) — GWG Holdings, Inc. (Nasdaq: GWGH), a financial services holding company committed to transforming the alternative asset industry through innovative liquidity products and related services for the owners of illiquid alternative investments, today announced it will release its first quarter 2020 financial results on Friday, May 15, 2020. The Company will host a webcast on Monday, May 18, 2020 at 4:30 p.m. EDT to discuss the results.The webcast will give viewers access to audio and PowerPoint slides that illustrate points made by the presenters. To register for the webcast, go to http://get.gwgh.com/q12020webcastinvite.After the webcast is completed, a replay of it may be accessed at http://get.gwgh.com/q12020webcast.About GWG Holdings, Inc. GWG Holdings, Inc. (Nasdaq: GWGH), a financial services...

SAN MATEO, Calif., May 06, 2020 (GLOBE NEWSWIRE) — Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) (the “Company” or “PLUS”) today announced it will report its audited financial results for the Fourth Quarter and Full Year ending December 31, 2019 after markets close on Thursday, May 7, 2020.Conference Call DetailsAt 5:00pm Eastern Time / 2:00pm Pacific Time the same day (Thursday, May 7, 2020) the Company will host a conference call and webcast to discuss the financial results and recent corporate highlights.Participant Dial-In Numbers:US / Canada Toll-Free:  (866) 220-4156Toll / International:  (864) 663-5231*Participants should request the Plus Products Earnings Call or provide conference ID: 2867687The call will also be webcast at https://edge.media-server.com/mmc/p/rwodgqqw. Please visit the website at least 15 minutes prior...

HOUSTON, May 06, 2020 (GLOBE NEWSWIRE) — Dril-Quip, Inc. (NYSE: DRQ), (the “Company” or “Dril-Quip”) today reported operational and financial results for the first quarter of 2020.Key highlights for the first quarter of 2020 included:Delivered $96.0 million of revenue, despite lower product volumes and services primarily from COVID-19 related impacts;Reported a net loss of $19.7 million, or a $0.55 loss per share, driven by $40.4 million of impairments, restructuring and other charges, partially offset by a $21.6 million income tax benefit;Generated adjusted EBITDA of $6.5 million, or 6.7% of revenue;Announced action plan for an additional $20 million in annualized cost savings, of which $10 million is expected to be realized in the second half of 2020;Maintained a strong balance sheet with cash on hand of $343.5 million and no...

DALLAS, May 06, 2020 (GLOBE NEWSWIRE) — Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) (the “Company”), an owner and operator of entertainment and dining venues, announced today the closing of its previously announced sale of shares of its common stock (the “Offering”) to Jefferies LLC (“Jefferies”), pursuant to an underwriting agreement entered into between the Company and Jefferies on May 4, 2020. The Company sold a total of 9,578,545 shares, at a price of $10.44 per share. The Offering was completed on May 6, 2020, and total proceeds from the Offering received by the Company are approximately $100 million, before deducting offering expenses payable by the Company.The Company currently intends to use the net proceeds from this Offering primarily to strengthen its balance sheet, principally as necessitated by the effects...

MELBOURNE, Fla., May 06, 2020 (GLOBE NEWSWIRE) — The Goldfield Corporation (NYSE American: GV), a leading provider of electrical construction services for the utility industry and industrial customers, today announced financial results for the three months ended March 31, 2020. Through its subsidiaries, Power Corporation of America, C and C Power Line, Inc., Southeast Power Corporation and Precision Foundations, Inc., Goldfield provides electrical construction services primarily in the Southeast, mid-Atlantic, and Texas-Southwest regions of the United States. To a lesser extent, Goldfield is also engaged in real estate operations focused on the development of residential properties on the east coast of Central Florida.President and Chief Executive Officer John H. Sottile said, “In the first quarter, total backlog more than doubled...