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Month: May 2020

Colfax Reports First Quarter 2020 Results

•         Reported $0.06 EPS from continuing operations and achieved $0.38 of adjusted EPS•         Sustained strong momentum in the first two months of the year•         Quickly implemented aggressive actions to address COVID-19 risks and impacts•         Amended credit agreement to provide ample liquidity and increased flexibilityANNAPOLIS JUNCTION, MD, May 07, 2020 (GLOBE NEWSWIRE) — Colfax Corporation (NYSE: CFX), a leading diversified technology company, today announced its financial results for the first quarter of 2020.The Company reported net income from continuing operations of $8 million or $0.06 per diluted share in the quarter, compared to a loss of $0.17 in the prior year quarter. On an adjusted basis, earnings of $0.38 per diluted share rose 2.7% from $0.37 in the prior year period. Adjustments to reported earnings...

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Gentherm Reports 2020 First Quarter Results

Significantly Improved Net Cash from Operating ActivitiesStrong Total Liquidity of $450 Million at Quarter EndMaintained Gross Margin Rate at Similar Levels Despite Market ChallengesNORTHVILLE, Mich., May 07, 2020 (GLOBE NEWSWIRE) — Gentherm (NASDAQ:THRM), the global market leader and developer of innovative thermal management technologies, today announced its financial results for the first quarter ending March 31, 2020.First Quarter HighlightsProduct revenues of $228.6 million decreased 11.4% from $257.9 million in the 2019 first quarter.• Excluding the impact of foreign currency translation, product revenues decreased 10.1% year over year; excluding the impact of foreign currency translation and divested assets, product revenues decreased 7.5% year over yearGAAP diluted earnings per share was $0.36 as compared with $0.25 for...

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Core-Mark Announces First Quarter 2020 Financial Results

First Quarter Net Sales Increased 4.9% to $3.94 BillionNet Income increased to $4.3 Million versus $1.3 Million last yearDiluted EPS increased to $0.09 per share versus $0.03 last yearAdjusted EBITDA increased 18.9% to $35.3 Million(1)Announced $0.12 Dividend Payable June 19, 2020Company Provides Update on COVID-19 Impact and Response StrategiesWESTLAKE, Texas, May 07, 2020 (GLOBE NEWSWIRE) — Core-Mark Holding Company, Inc. (NASDAQ: CORE) (“the Company”), one of the largest marketers of fresh, food and broad-line supply solutions to the convenience retail industry in North America, announced financial results for the first quarter ended March 31, 2020.“I want to start out by thanking each and every employee of Core-Mark whose focus on safety and commitment to providing essential goods and services to our customers has been nothing...

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Oaktree Strategic Income Corporation Announces Second Fiscal Quarter 2020 Financial Results and Declares Distribution of $0.125 Per Share

LOS ANGELES, CA, May 07, 2020 (GLOBE NEWSWIRE) — Oaktree Strategic Income Corporation (NASDAQ: OCSI) (“Oaktree Strategic Income” or the “Company”), a specialty finance company, today announced its unaudited financial results for the fiscal quarter ended March 31, 2020.Financial Highlights for the Quarter Ended March 31, 2020Total investment income was $10.3 million ($0.35 per share) for the second fiscal quarter of 2020, down from $11.6 million ($0.39 per share) for the first fiscal quarter of 2020, primarily as a result of lower interest income due to the Company’s debt investment in OCSI Glick JV LLC (“OCSI Glick JV”) being placed on non-accrual status as of March 31, 2020.Net investment income was $4.6 million ($0.15 per share) for the second fiscal quarter of 2020, as compared with $4.7 million ($0.16 per share)...

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OneWater Marine Inc. Announces Fiscal Second Quarter 2020 Results

Fiscal Second Quarter 2020 Highlights:         Revenue increased 5.1% to $190.0 millionSame-store sales declined 2.7%, driven by the effects of COVID-19 late in the quarterPre-owned boat sales increased 19.4% to $43.0 millionFinance & insurance income increased 27.2% to $8.1 millionNet income increased $5.9 million to $3.0 millionAdjusted EBITDA1 of $9.9 million, flat compared to prior yearBUFORD, Ga., May 07, 2020 (GLOBE NEWSWIRE) — OneWater Marine Inc. (NASDAQ: ONEW) (“OneWater” or the “Company”) today announced results for its fiscal second quarter ended March 31, 2020.“Rising second quarter sales and a proven, adaptable business model contributed to a strong fiscal second quarter. Same-store sales through mid-March outpaced the prior year delivering approximately 10% growth year-over-year, but slowed significantly in the...

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Correction: Summary of AB Klaipedos nafta webinar

Correction: the date of the investor conference webinar has been updated. On the 29th April 2020, AB Klaipedos nafta (KN) held an investor conference webinar where KN Chief Executive Officer Darius Šilenskis and Chief Financial Officer Jonas Lenkšas commented Company’s financial results for the three months of 2020. Webinar recording is available online at: https://bit.ly/2Yxox5AThe presentation demonstrated during the webinar is attached to this announcement.Jonas Lenkšas, Chief Financial Officer, +370 694 80594.AttachmentKN_activity results for_2020_Q1

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Correction: Pranešimas apie įvykusį 2020 m. 3 mėnesių neaudituotų veiklos rezultatų pristatymą internetiniame seminare

Patikslinimas: pranešime anglų k. patikslinta internetinio seminaro įvykimo data.2020 m. balandžio 29 dieną vyko AB „Klaipėdos nafta“ (KN) internetinis seminaras, KN Generalinis direktorius Darius Šilenskis ir Finansų direktorius Jonas Lenkšas pristatė bendrovės 2020 metų trijų mėnesių finansinius rezultatus.Internetinio seminaro įrašą galima pasižiūrėti „Nasdaq“ Youtube paskyroje šiuo adresu: https://bit.ly/2Yxox5APapildomai pridedama internetiniame seminare rodyta prezentacija lietuvių kalba.Jonas Lenkšas, Finansų direktorius, tel. +370 694 80594.PriedasKN_veiklos rezultatai_2020_1K

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Acron Board of Directors Issues Dividend Recommendations

7 May 2020Acron Board of Directors Issues Dividend RecommendationsAs part of preparations for the annual general meeting to be held on 29 May 2020 as absentee voting, Acron Board of Directors met on 7 May 2020 and considered the following agenda items:On reviewing Acron’s 2019 annual financial statements (accounts)On recommendations for Acron’s 2019 profit and loss distributionOn paying (declaring) dividends for 2019, their amount and form of paymentOn considering the auditor’s reports on Acron’s 2019 statementsOn approving the terms and conditions for an agreement with Acron’s Registrar (Joint Stock Company Independent Registrar Company R.O.S.T.) for arranging, convening and holding a general meeting of securities holders, in particular acting as a counting commissionOn determining the Board of Directors’ position on agenda items for Acron’s...

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Interim report – first quarter of 2020

Thursday, Schouw & Co. released its interim report for the first quarter of 2020. Best-ever first-quarter performance by the Schouw & Co. Group with year-on-year revenue and EBITDA improvements.HighlightsBest-ever Q1 performance with both revenue and EBITDA improvingDiversified operations have a mitigating effect on coronavirus implicationsAll businesses aligning activities and costs to the current situationCapital resources strengthened by DKK 1bn, ensuring substantial latitudeFull-year financial guidance remains suspendedStatement by Jens Bjerg Sørensen, President of Schouw & Co.“The near future is indeed a time of uncertainty considering the global coronavirus pandemic, but if we look back on the first quarter of 2020 we see a distinct, positive effect of our strategic efforts and recent years’ substantial investments....

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