Day: July 29, 2020
Total contract drilling revenues were $930 million (total adjusted contract drilling revenues of $983 million), compared with $759 million in the first quarter of 2020 (total adjusted contract drilling revenues of $807 million);Revenue efficiency(1) was 97.2%, compared with 94.4% in the prior quarter;Operating and maintenance expense was $525 million, compared with $540 million in the prior period;Net loss attributable to controlling interest was $497 million, $0.81 per diluted share, compared with net loss attributable to controlling interest of $392 million, $0.64 per diluted share, in the first quarter of 2020;Adjusted net loss was $1 million, excluding $496 million of net unfavorable items. This compares with adjusted net loss of $187 million, $0.30 per diluted share, in the previous quarter;Adjusted EBITDA was $418 million, compared...
California Water Service Group Board of Directors Declares 302nd Consecutive Quarterly Dividend
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SAN JOSE, Calif., July 29, 2020 (GLOBE NEWSWIRE) — At its meeting today, the California Water Service Group (NYSE: CWT) Board of Directors declared the company’s 302nd consecutive quarterly dividend in the amount of $0.2125 per common share. It will be payable on August 21, 2020, to stockholders of record on August 10, 2020. California Water Service Group is the parent company of California Water Service, Washington Water Service, New Mexico Water Service, Hawaii Water Service, Inc., CWS Utility Services, and HWS Utility Services. Together, these companies provide regulated and non-regulated water service to approximately 2 million people in more than 100 California, Washington, New Mexico, and Hawaii communities. California Water Service Group’s common stock trades on the New York Stock Exchange under the symbol “CWT.”...
Histogen to Present at the Canaccord Genuity 40th Annual Growth Conference
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SAN DIEGO, July 29, 2020 (GLOBE NEWSWIRE) — Histogen Inc. (NASDAQ: HSTO), a clinical-stage therapeutics company focused on developing potential first-in-class restorative therapeutics that ignite the body’s natural process to repair and maintain healthy biological function, today announced that Richard W. Pascoe, President and Chief Executive Officer of Histogen, will present at the Canaccord Genuity 40th Annual Growth Conference. The virtual presentation is scheduled for Wednesday, August 12, 2020 at 1:30 p.m. Eastern Time.Presentation DetailsFor those not available to listen to the live broadcast, a replay will be archived for 90 days and available through the Investors page on www.histogen.com.About Histogen Inc.Histogen Inc. is a clinical-stage therapeutics company focused on developing potential first-in-class restorative...
Westwood Holdings Group, Inc. Reports Second Quarter 2020 Results
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Westwood SmallCap Fund Introduces Y Share ClassWestwood SmidCap Fund Introduces Ultra Share ClassTrading outsourced to improve client experience and internal operational efficiencyDALLAS, July 29, 2020 (GLOBE NEWSWIRE) — Westwood Holdings Group, Inc. (NYSE: WHG) today reported second quarter 2020 earnings. Highlights from the quarter include:Income Opportunity, Enhanced Balanced, SmallCap Value, Alternative Income, Global Convertible, LargeCap Select and Total Return strategies beat their primary benchmarks for the quarter.Income Opportunity, Enhanced Balanced, Alternative Income, Global Convertible, MLP Opportunities and Total Return strategies achieved top quartile institutional rankings.Revenues of $15.9 million compared with $16.7 million in the first quarter of 2020 and $21.7 million a year ago.Net loss of $2.6 million compared...
Crown Castle Reports Second Quarter 2020 Results
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HOUSTON, July 29, 2020 (GLOBE NEWSWIRE) — Crown Castle International Corp. (NYSE: CCI) (“Crown Castle”) today reported results for the second quarter ended June 30, 2020 and maintained its full year 2020 Outlook, with the exception of a reduction to net income.(a) Attributable to CCIC common stockholders.(b) See “Non-GAAP Financial Measures, Segment Measures and Other Calculations” included herein for further information and reconciliation of this non-GAAP financial measure to net income (loss).(c) As issued on April 29, 2020.“In the second quarter, we generated solid results that were in line with our expectations as our business continues to perform well during this period of unprecedented uncertainty,” stated Jay Brown, Crown Castle’s Chief Executive Officer. “We continue to anticipate...
Retail Opportunity Investments Corp. Reports 2020 Second Quarter Results & Provides COVID-19 Update
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SAN DIEGO, July 29, 2020 (GLOBE NEWSWIRE) — Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the three and six months ended June 30, 2020, and provided information regarding financial and operational activities in light of the ongoing COVID-19 pandemic.SECOND QUARTER 2020$4.6 million of net income attributable to common stockholders ($0.04 per diluted share)$29.2 million of Funds From Operations (FFO)(1) ($0.23 per diluted share)81.9% of total 2Q 2020 billed base rent has been paid to date97.0% portfolio lease rate at June 30, 20208.4% increase in same-space comparative cash rents on new leases (7.2% on renewals)9.3% decrease in same-center cash net operating income (2Q‘20 vs. 2Q‘19)3.1% decrease in same-center cash net operating income (first 6 months of ‘20 vs. ‘19)COVID-19...
Salarius Announces Proposed Public Offering of Common Stock
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HOUSTON, July 29, 2020 (GLOBE NEWSWIRE) — Salarius Pharmaceuticals, Inc. (Nasdaq: SLRX), a clinical-stage oncology company targeting cancers caused by dysregulated gene expression, today announced that it has commenced an underwritten public offering of shares of its common stock. All of the shares are being offered by Salarius. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.Ladenburg Thalmann & Co. Inc. is acting as sole book-running manager in connection with the public offering.A shelf registration statement on Form S-3 (File No. 333-231010) relating to the shares was filed with the Securities and Exchange Commission (the “SEC”) and was declared effective by the SEC on May 17, 2019....
CubeSmart Declares Third Quarter 2020 Dividend
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MALVERN, Pa., July 29, 2020 (GLOBE NEWSWIRE) — CubeSmart (NYSE: CUBE) a self-administered and self-managed real estate investment trust focused on self-storage properties, announced today that its Board of Trustees declared a quarterly dividend of $0.33 per common share for the period ending September 30, 2020. The dividend is payable on October 15, 2020 to common shareholders of record on October 1, 2020.About the CompanyCubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 1,250 self-storage properties across the United States. According to the 2020 Self Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the U.S.The Company’s mission is to simplify the organizational and logistical challenges created by the many life events and...
United States Lime & Minerals Reports Second Quarter 2020 Results and Declares Regular Quarterly Cash Dividend
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DALLAS, July 29, 2020 (GLOBE NEWSWIRE) — United States Lime & Minerals, Inc. (NASDAQ: USLM) today reported second quarter 2020 results: The Company’s revenues in the second quarter 2020 were $37.5 million, compared to $39.0 million in the second quarter 2019, a decrease of $1.4 million, or 3.6%. For the first six months 2020, revenues were $76.0 million, compared to $76.8 million in the first six months 2019, a decrease of $0.8 million, or 1.0%. The decreases in revenues in the second quarter and first six months 2020, compared to the comparable 2019 periods, resulted primarily from reduced sales volumes of the Company’s lime and limestone products due to decreased demand, principally from the Company’s oil and gas services, steel, and environmental customers, partially offset by increased demand from the Company’s construction...
Tree Island Steel Announces Second Quarter 2020 Results
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VANCOUVER, British Columbia, July 29, 2020 (GLOBE NEWSWIRE) — Tree Island Steel (”Tree Island” or the ”Company”) (TSX: TSL) announced today its financial results for the three and six months ended June 30, 2020.For the three‐month period ended June 30, 2020, revenues decreased by $2.2 million to $50.5 million, from lower volumes shipped in our Commercial and Residential Construction segment sales, which were related to the Covid‐19 regional stay‐at‐home government orders. Gross profit for the second quarter increased to $5.9 million, from $4.9 million in the same period in 2019, as a result of improved cost management and product mix. EBITDA amounted to $4.0 million, compared to $2.6 million during the same period in 2019, as a result of improved gross profit margins and lower selling, general and administrative...