Day: July 20, 2020

Triumph Bancorp Reports Second Quarter Net Income to Common Stockholders of $13.4 Million

Written by Customer Service on July 20, 2020. Posted in Earnings Releases And Operating Results.

DALLAS, July 20, 2020 (GLOBE NEWSWIRE) — Triumph Bancorp, Inc. (Nasdaq: TBK) (“Triumph” or the “Company”) today announced earnings and operating results for the second quarter of 2020.As part of how we measure our results, we use certain non-GAAP financial measures to ascertain performance. These non-GAAP financial measures are reconciled in the section labeled “Metrics and non-GAAP financial reconciliation” at the end of this press release.2020 Second Quarter HighlightsFor the second quarter of 2020, net income available to common stockholders was $13.4 million. Diluted earnings per share were $0.56. Adjusted diluted earnings per share were $0.25 for the quarter ended June 30, 2020, which exclude the gain on sale of Triumph Premium Finance, net of taxes.For the quarter ended June 30, 2020, we recorded $13.6 million of total credit...

Synaptics to Acquire DisplayLink, Extending Video Interface Market Leadership

Written by Customer Service on July 20, 2020. Posted in Mergers And Acquisitions.

SAN JOSE, Calif., July 20, 2020 (GLOBE NEWSWIRE) — Synaptics Incorporated (Nasdaq: SYNA) today announced the signing of a definitive agreement to acquire DisplayLink Corp., a leader in high-performance video compression technology, for $305 million in an all-cash transaction. The deal is expected to close in Synaptics’ first quarter of fiscal year 2021, subject to customary closing conditions, and be financed from existing cash on hand. Synaptics expects the transaction to add approximately $94 million in annualized sales and be immediately accretive to non-GAAP gross margins, non-GAAP operating margins, and non-GAAP earnings post-close.DisplayLink’s high performance software compression technology enables universal docking and casting of high bandwidth video from any device to any display using any transport medium such as USB,...

ServisFirst Bancshares, Inc. Announces Results For Second Quarter of 2020

Written by Customer Service on July 20, 2020. Posted in Earnings Releases And Operating Results.

BIRMINGHAM, Ala., July 20, 2020 (GLOBE NEWSWIRE) — ServisFirst Bancshares, Inc. (NASDAQ: SFBS), today announced earnings and operating results for the three and six months ended June 30, 2020.Second Quarter 2020 Highlights:Diluted EPS for the second quarter increased 14% to $0.75 year over yearRecord deposit growth of $1.5 billion during the second quarterFunded approximately 4,800 Payroll Protection Program (“PPP”) loans totaling over $1.0 billion, with 68% less than $150,000 in sizeAsset quality improved, with nonperforming loans to total loans improving to 26 basis points during the second quarterTotal assets exceed $11.0 billionDETAILED FINANCIALSServisFirst Bancshares, Inc. reported net income and net income available to common stockholders of $40.4 million for the quarter ended June 30, 2020, compared to net income and net...

PrairieSky Announces 2020 Second Quarter Results; Publishes Annual Responsibility Report

Written by Customer Service on July 20, 2020. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, July 20, 2020 (GLOBE NEWSWIRE) — PrairieSky Royalty Ltd. (“PrairieSky” or the “Company“) (TSX: PSK) is pleased to announce its second quarter (“Q2 2020“) operating and financial results for the period ended June 30, 2020.PRESIDENT’S MESSAGEPrairieSky’s diversified oil and gas royalty portfolio generated funds from operations of $21.3 million for the second quarter of 2020, demonstrating the sustainability of our high margin, low cost business model in a challenging macro environment. In Q2 2020, PrairieSky used funds from operations to declare dividends of $13.9 million, repurchase and cancel 470,000 common shares for $4.1 million, and acquire additional high-quality royalty interests, primarily focused in British Columbia, for $6.2 million. The acquired royalty interests are...

Revival Gold Announces C$10 Million Bought Deal Financing

Written by Customer Service on July 20, 2020. Posted in Public Companies.

TORONTO, July 20, 2020 (GLOBE NEWSWIRE) — Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) (“Revival Gold” or the “Company”), a growth‐focused gold exploration and development company, announces that it has entered into an agreement with BMO Capital Markets (“BMO” or the “Underwriter”), under which BMO has agreed to buy on bought deal basis 9,100,000 units (the “Units”), at a price of C$1.10 per Unit for gross proceeds of approximately C$10 million (the “Offering”). Each Unit consists of one common share (“Common Share”) of Revival Gold and one-half of one common share purchase warrant (each whole common share purchase warrant a “Warrant”) of Revival Gold. Each full Warrant will entitle the holder thereof to purchase one Common Share of the Company at a price of $1.60 per Common Share, for a period of 18 months following the Closing...

Nano One Reports on Recent Financial Events

Written by Customer Service on July 20, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, July 20, 2020 (GLOBE NEWSWIRE) — (TSX-V: NNO) (OTC-Nasdaq Intl Designation: NNOMF) (Frankfurt: LBMB). Nano One Materials (“Nano One” or the “Company”) is pleased to provide an update on recent financial events: Nano One has received the final payment of $217,446, of $1,950,922 total, in respect to the successfully completed Demonstration Pilot Plant project with the Automotive Suppliers Innovation Program (ASIP). The ASIP program is administered by the Strategic Innovation Fund of Innovation Science and Economic Development (ISED) Canada. Nano One’s project began in June 2016 and involved the research and development of four different cathode materials for lithium ion batteries for use in automotive applications.Nano One also received the final payment of $46,618, of $241,224...

Independence Gold Grants Incentive Stock Options

Written by Customer Service on July 20, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, July 20, 2020 (GLOBE NEWSWIRE) — Independence Gold Corp. (TSX.V: IGO) (the “Company”) wishes to announce the granting of incentive stock options to certain directors, officers and employees to purchase up to 1,800,000 common shares under the Company’s Incentive Stock Option Plan. The options will be granted for a period of five (5) years, commencing on July 20, 2020, exercisable at a price of $0.10 per share.ON BEHALF OF THE BOARD OF INDEPENDENCE GOLD CORP.“Randy Turner” Randy Turner, President and CEONeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.All statements in this press release, other than statements of historical fact, are “forward-looking...

Grayscale Investments Announces Approval of Public Quotations for Eligible Shares of Grayscale Bitcoin Cash Trust and Grayscale Litecoin Trust

Written by Customer Service on July 20, 2020. Posted in Public Companies.

New York, July 20, 2020 (GLOBE NEWSWIRE) — Grayscale Investments®, the world’s largest digital currency asset manager, today announced that Shares of both Grayscale® Bitcoin Cash Trust and Grayscale® Litecoin Trust have received approval from FINRA for public quotation under symbols: BCHG and LTCN respectively on OTC Markets, marking the introduction of the first publicly-quoted securities in the U.S. deriving value from Bitcoin Cash (BCH) and Litecoin (LTC).Marissa Arnold Press@grayscale.co

Newtek Business Services Corp. Declares Third Quarter 2020 Dividend of $0.58 per Share

Written by Customer Service on July 20, 2020. Posted in Public Companies.

BOCA RATON, Fla., July 20, 2020 (GLOBE NEWSWIRE) — Newtek Business Services Corp., (NASDAQ: NEWT), an internally managed business development company (“BDC”), today announced that its Board of Directors declared a third quarter 2020 cash dividend of $0.581 per share, which is payable on September 30, 2020 to shareholders of record as of September 21, 2020. With the payment of the second quarter 2020 and third quarter 2020 dividends, the Company will have paid a total of $1.58 per share for the first three quarters of 2020, which would represent a 9.7% increase over the dividends paid in the first three quarters of 2019 of $1.44 per share.Note regarding Dividend Payments: The Company’s Board of Directors expects to maintain a dividend policy with the objective of making quarterly distributions in an amount that approximates...

Covenant Logistics Group, Inc. Announces Timing of Second Quarter Earnings Release and Conference Call

Written by Customer Service on July 20, 2020. Posted in Public Companies.

CHATTANOOGA, Tenn., July 20, 2020 (GLOBE NEWSWIRE) — Covenant Logistics Group, Inc. (Nasdaq/GS: CVLG) announced it plans to release its second quarter earnings after 4:00 p.m. Eastern time on Wednesday, July 22, 2020. Covenant Logistics Group, Inc. will hold a live conference call to discuss its second quarter earnings release on Thursday, July 23, at 11:00 a.m. Eastern time. Individuals with questions may dial in at 877-271-1828 (U.S./Canada) and 800-756-3333 (International), access code 47364515. An audio replay will be available for one week following the call at 877-919-4059, access code 73255007. In addition, you will be able to listen to the audio replay for an extended period of time on our investor website, under the icon “Audio Archives”. For additional financial and statistical information regarding the...

Day: July 20, 2020

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