Month: July 2020

Lifetime Brands to Report Second Quarter 2020 Financial Results on Thursday, August 6, 2020

Written by Customer Service on July 30, 2020. Posted in Public Companies.

GARDEN CITY, N.Y., July 30, 2020 (GLOBE NEWSWIRE) — Lifetime Brands, Inc. (NasdaqGS: LCUT), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, will release its second quarter 2020 financial results at 7:00 a.m. (Eastern Time) on Thursday, August 6, 2020.The Company has scheduled a conference call for 11:00 a.m., at which time Chief Executive Officer Rob Kay and Chief Financial Officer Larry Winoker will discuss the Company’s financial results and will be available to answer investor questions.The dial-in number for the conference call is (866) 610-1072 (U.S.) or (973) 935-2840 (International), Conference ID: 5281916. A live webcast of the conference call will be accessible through https://event.on24.com/wcc/r/2543314/737B029FC6ACB6B3E0918C7EDE7A71F0. For those...

Kearny Financial Corp. Reports Fourth Quarter and Fiscal Year End 2020 Operating Results

Written by Customer Service on July 30, 2020. Posted in Public Companies.

FAIRFIELD, N.J., July 30, 2020 (GLOBE NEWSWIRE) — Kearny Financial Corp. (NASDAQ GS: KRNY) (the “Company”), the holding company of Kearny Bank (the “Bank”), reported net income for the quarter ended June 30, 2020 of $13.7 million, or $0.17 per diluted share. The results represent an increase of $4.4 million compared to $9.3 million, or $0.11 per diluted share, for the quarter ended March 31, 2020.For the fiscal year ended June 30, 2020, the Company reported net income of $45.0 million representing an increase of $2.9 million compared to $42.1 million for the fiscal year ended June 30, 2019. The increase in net income reflected a 20% increase in earnings per diluted share to $0.55 for the year ended June 30, 2020 from $0.46 for the year ended June 30, 2019.Craig L. Montanaro, President and Chief Executive Officer, commented, “I am...

Apollo Commercial Real Estate Finance, Inc. Reports Second Quarter 2020 Results

Written by Customer Service on July 30, 2020. Posted in Public Companies.

NEW YORK, July 30, 2020 (GLOBE NEWSWIRE) — Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE:ARI), today reported results for the quarter and six months ended June 30, 2020. Second quarter 2020 net income per share of common stock was $0.36 and Operating Earnings (a non-GAAP financial measure defined below) was ($0.07) per share of common stock, and Operating Earnings excluding realized loss on investments and interest rate swap (described below) was $0.38 per share of common stock. “ARI had another quarter of solid operations, as the Company reported strong earnings, declared a dividend per share of common stock of $0.35 and preserved excess liquidity, ending the quarter with over $487 million of cash,” said Stuart Rothstein, Chief Executive Officer and President of ARI. “I remain extremely proud of the...

Ducommun Incorporated Reports Results for the Second Quarter Ended June 27, 2020

Written by Customer Service on July 30, 2020. Posted in Public Companies.

SANTA ANA, Calif., July 30, 2020 (GLOBE NEWSWIRE) — Ducommun Incorporated (NYSE:DCO) (“Ducommun” or the “Company”) today reported results for its second quarter ended June 27, 2020.Second Quarter 2020 RecapRevenue was $147.3 millionNet income of $5.1 million, or $0.43 per diluted shareAdjusted net income of $5.6 million, or $0.48 per diluted shareGross margin increased 110 basis points year-over-year to 22.2%Adjusted EBITDA was $20.3 million“This past quarter proved to be one of the most challenging in our history, but Ducommun’s performance highlights both the strength and diversity of our business as well as the many measures taken to streamline and optimize our operations since I joined the Company in 2017,” said Stephen G. Oswald, chairman, president and chief executive officer. “Due to the ongoing COVID-19 pandemic, commercial...

Matthews International Reports Results for Fiscal 2020 Third Quarter

Written by Customer Service on July 30, 2020. Posted in Public Companies.

Financial Highlights:Significant third quarter reduction in debt of $104.9 millionStrong third quarter operating cash flow exceeded $57.0 million; YTD exceeded prior year by $34.2 millionMemorialization segment reports higher sales for third fiscal quarter and YTDThird quarter GAAP EPS of $0.07; Non-GAAP adjusted EPS of $0.80PITTSBURGH, July 30, 2020 (GLOBE NEWSWIRE) — Matthews International Corporation (NASDAQ GSM: MATW) today announced financial results for its third quarter of fiscal 2020 and nine months ended June 30, 2020.In discussing the results for the Company’s fiscal 2020 third quarter, Joseph C. Bartolacci, President and Chief Executive Officer, stated:“I am very pleased with the performance of our overall business during these challenging times. The relative stability of our consolidated results reflects the diversity...

FTAI Reports Second Quarter 2020 Results, Dividend of $0.33 per Common Share

Written by Customer Service on July 30, 2020. Posted in Public Companies.

NEW YORK, July 30, 2020 (GLOBE NEWSWIRE) — Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) (the “Company” or “FTAI”) today reported financial results for the second quarter 2020. The Company’s consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release.Financial OverviewFor the second quarter of 2020, total FAD was $47.3 million. This amount includes $82.1 million from our aviation leasing portfolio, offset by $(6.7) million from our infrastructure business and $(28.1) million from corporate and other.Second Quarter 2020 DividendsOn July 30, 2020, the Company’s Board of Directors (the “Board”) declared a cash dividend on its common shares of $0.33 per share for the quarter ended June 30, 2020, payable on August 31, 2020 to the holders of record...

Builders FirstSource Reports Second Quarter 2020 Results

Written by Customer Service on July 30, 2020. Posted in Public Companies.

DALLAS, July 30, 2020 (GLOBE NEWSWIRE) — Builders FirstSource, Inc. (Nasdaq: BLDR) today reported its results for the second quarter ending June 30, 2020.Second Quarter 2020 Highlights:Net sales for the quarter increased by 2.2% compared to the prior year period– Core organic sales declined 2.1%, excluding acquisitions and commodity impacts– Acquisitions contributed net sales growth of 2.5%– Estimated sales volume, which includes core organic and acquisitions, grew by 0.4%– Commodity inflation increased sales by 1.8%Adjusted EBITDA increased 11.2% to a record $162 million, or 8.3% of net sales driven by disciplined cost managementNet income of $78.9 million, or $0.67 per diluted share, and adjusted net income of $79.2 million, or $0.67 per diluted shareStrong quarter-end balance sheet with a net debt to...

Histogen to Report Second Quarter 2020 Earnings on August 13, 2020

Written by Customer Service on July 30, 2020. Posted in Public Companies.

SAN DIEGO, July 30, 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 Histogen’s financial results for the second quarter ended June 30, 2020 will be released after the close of market on Thursday, August 13, 2020.About Histogen Inc.Histogen Inc. is 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. Histogen’s innovative technology platform utilizes cell conditioned media and extracellular matrix materials produced by hypoxia-induced multipotent cells. Histogen’s...

FedNat Announces Regular Quarterly Dividend

Written by Customer Service on July 30, 2020. Posted in Dividend Reports And Estimates.

SUNRISE, Fla., July 30, 2020 (GLOBE NEWSWIRE) — FedNat Holding Company (Nasdaq: FNHC), a regional insurance holding company, today announced that its board of directors declared a quarterly dividend of $0.09 per share of FedNat common stock, payable on September 1, 2020 to stockholders of record at the close of business on August 14, 2020.About the CompanyFedNat is a regional insurance holding company that controls substantially all aspects of the insurance underwriting, distribution and claims processes through our subsidiaries and contractual relationships with independent agents and general agents. The Company, through our wholly owned subsidiaries including FedNat Insurance Company, Maison Insurance Company, and Monarch National Insurance Company, is focused on providing homeowners insurance in Florida, Texas, Louisiana, Alabama,...

Ultragenyx Reports Second Quarter 2020 Financial Results and Corporate Update

Written by Customer Service on July 30, 2020. Posted in Public Companies.

Two U.S. FDA approvals in second quarter 2020Second quarter 2020 total revenue of $61.7 million and Crysvita revenue in Ultragenyx territories of $32.4 millionMaintains full year 2020 guidance based on global COVID-19 impact to dateNOVATO, Calif., July 30, 2020 (GLOBE NEWSWIRE) — Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE), a biopharmaceutical company focused on the development and commercialization of novel products for serious rare and ultra-rare genetic diseases, today reported its financial results for the quarter ended June 30, 2020 and maintained its full year 2020 financial guidance for Crysvita in Ultragenyx territories.“In the second quarter we made significant progress expanding the commercial reach of Crysvita and Mepsevii despite the COVID environment. We also expanded our commercial portfolio with two FDA approvals...

Month: July 2020

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