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Month: July 2020

Piedmont Office Realty Trust Reports Second Quarter 2020 Results

Atlanta, GA, July 29, 2020 (GLOBE NEWSWIRE) — Piedmont Office Realty Trust, Inc. (“Piedmont” or the “Company”) (NYSE:PDM), an owner of Class A office properties located primarily in select sub-markets within seven major Eastern U.S. office markets, today announced its results for the quarter ended June 30, 2020.Highlights for the Quarter Ended June 30, 2020:Reported net income applicable to common stockholders of $192.4 million, or $1.52 per diluted share, for the quarter ended June 30, 2020, as compared with $8.2 million, or $0.06 per diluted share, for the quarter ended June 30, 2019;Achieved a 14% increase in Core Funds From Operations, reporting $0.49 per diluted share for the quarter ended June 30, 2020 as compared to $0.43 for the quarter ended June 30, 2019;Completed the disposition of 1901 Market...

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Green Plains to Present at the Jefferies Virtual Industrials Conference

OMAHA, Neb., July 29, 2020 (GLOBE NEWSWIRE) — Green Plains Inc. (NASDAQ:GPRE) today announced that Todd Becker, president and chief executive officer, is scheduled to present at the Jefferies Virtual Industrials Conference on Wednesday, Aug. 5, 2020, at 3:00 p.m. ET.The live webcast, as well as the replay, will be available on the Investors page of Green Plains’ website at http://investor.gpreinc.com/events.cfm.About Green Plains Inc.Green Plains Inc. (NASDAQ:GPRE) is a diversified commodity-processing business with operations that include corn processing, grain handling and storage and commodity marketing and logistics services. The company is one of the leading corn processors in the world and, through its adjacent businesses, is focused on the production of high-protein feed ingredients. Green Plains owns a 50% interest in Green...

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Genetron Health to Present at Canaccord Genuity 40th Annual Growth Conference

BEIJING, July 29, 2020 (GLOBE NEWSWIRE) — Genetron Holdings Limited (“Genetron Health” or the “Company”, NASDAQ:GTH), a leading precision oncology platform company in China that specializes in offering molecular profiling tests, today announced that management will present and host one-on-one meetings at the Canaccord Genuity 40th Annual Growth Conference to be held virtually on August 11-13, 2020.On Thursday, August 13th, the Genetron management will participate in the following:Fireside chat at 8:00 am ET (8:00 pm Beijing time) with Sizhen Wang, Chief Executive OfficerPanel discussion entitled, “Cancer screening for asymptomatic individuals. Single vs. multi-target testing; different technological approaches; and opportunities/challenges to drive broad-based adoption,” at 11:00 am ET (11:00 pm Beijing Time) with Yun-Fu Hu, PhD,...

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Gladstone Capital Corporation Reports Financial Results for its Third Quarter Ended June 30, 2020

MCLEAN, Va., July 29, 2020 (GLOBE NEWSWIRE) — Gladstone Capital Corporation (Nasdaq: GLAD) (the “Company”) today announced earnings for its third fiscal quarter ended June 30, 2020.  Please read the Company’s Quarterly Report on Form 10-Q filed today with the U.S. Securities and Exchange Commission (the “SEC”), which is available on the SEC’s website at www.sec.gov, and the investor relations section of the Company’s website at www.GladstoneCapital.com. Summary Information (dollars in thousands, except per share data) (unaudited):NM=Not MeaningfulThird Fiscal Quarter 2020 Highlights:Portfolio Performance: Strong company performances and liquidity management in the face of COVID-19 disruptions resulted in no payment defaults, and non-accruals declined to 1.5% of the portfolio at fair value.  Investment Activity: Invested $53.5 million...

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Horizon Bancorp, Inc. Announces Second Quarter 2020 Financial Results

MICHIGAN CITY, Ind., July 29, 2020 (GLOBE NEWSWIRE) — (NASDAQ GS:  HBNC) — Horizon Bancorp, Inc. (“Horizon” or the “Company”) announced its unaudited financial results for the three and six months ending June 30, 2020.Craig M. Dwight, Chairman and CEO of Horizon, commented, “Horizon’s team put in an incredible performance during the second quarter to originate and process record mortgage loan volume, help thousands of local employers to access federal stimulus funding, assist borrowers with payment modifications, and safely open branches that had been operating by appointment only since March. This extraordinary effort was complimented by profitably growing and strengthening the balance sheet, maintaining solid asset quality metrics, managing expenses with customary discipline, and meaningfully growing pre–tax, pre–provision net...

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Pilgrim’s Pride Reports Q2 Net Sales of $2.82 Billion, Operating Income of $27 Million and GAAP EPS of $(0.02)

GREELEY, Colo., July 29, 2020 (GLOBE NEWSWIRE) — Pilgrim’s Pride Corporation (NASDAQ: PPC) reports second quarter 2020 financial results.Second Quarter HighlightsNet Sales of $2.82 billion.Net GAAP loss of $(6.0) million.Operating Income margins of 2.2% in U.S., -13.3% in Mexico and 3.1% in Europe operations, respectively.Adjusted EBITDA of $112.2 million, or a 4.0% margin.Faced with the global Covid-19 pandemic, we remain guided by our principles of an uncompromising commitment to the safety of our team members, our duty to provide quality food globally, and our responsibility to provide continued employment opportunities and benefits for our team.Strong focus in execution and dedication by our team members, supported by portfolio strategy of differentiated products, strong Key Customer relationships, and diversified global presence...

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Churchill Downs Incorporated Reports 2020 Second Quarter Results

LOUISVILLE, Ky., July 29, 2020 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (Nasdaq: CHDN) (“CDI” or the “Company”) today reported business results for the second quarter ended June 30, 2020.Second Quarter 2020 Highlights/Update on OperationsNet revenue of $185.1 million, down 61% over the prior year quarterNet loss(a) of $118.8 million compared to net income(a) of $107.1 million in the prior year quarterAdjusted net loss of $21.1 million, compared to adjusted net income of $115.0 million in the prior year quarterAdjusted EBITDA of $30.1 million, down 86% compared to $215.0 million in the prior year quarterStrong performance from TwinSpires with $18.3 million of Adjusted EBITDA growth and $100.7 million of handle growth, or 21.6%, over the prior year quarter despite the rescheduling of the 146th Kentucky...

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Pool Corporation CFO to Present at the Jefferies Virtual Industrials Conference

COVINGTON, La., July 29, 2020 (GLOBE NEWSWIRE) — Pool Corporation (Nasdaq:POOL) announced today that Mark W. Joslin, Senior Vice President and Chief Financial Officer, will be participating in the Jefferies Virtual Industrials Conference. Mr. Joslin will be giving a virtual presentation on Wednesday, August 5, 2020, at 10:20 AM Eastern Time. Informational materials used during the conference will be posted on POOLCORP’s website on the morning of the conference.Pool Corporation is the world’s largest wholesale distributor of swimming pool and related backyard products.  POOLCORP operates approximately 375 sales centers in North America, Europe and Australia through which it distributes more than 200,000 national brand and private label products to roughly 120,000 wholesale customers.  For more information about POOLCORP, please visit...

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NorthWest Indiana Bancorp Announces Earnings for the Quarter and Six Months Ended June 30, 2020

MUNSTER, Ind., July 29, 2020 (GLOBE NEWSWIRE) — NorthWest Indiana Bancorp (the “Bancorp” or “NWIN”), the holding company for Peoples Bank (the “Bank”), reported record net income of $5.1 million, or $1.46 per share, for the quarter ended June 30, 2020. Net income for the quarter ended June 30, 2020, increased by $1.0 million (25.9%), from the quarter ended June 30, 2019, primarily due to higher net interest income and noninterest income. For the quarter ended June 30, 2020, the return on average assets (ROA) was 1.42% and the return on average equity (ROE) was 14.32%.For the six months ended June 30, 2020, the Bancorp’s net income totaled $8.3 million, or $2.39 per share. Net income for the six months ended June 30, 2020, increased by $2.0 million (32.2%), from the six months ended June 30, 2019, primarily due to higher net interest...

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SuRo Capital Corp. to Report Second Quarter 2020 Financial Results on Wednesday, August 5, 2020

SAN FRANCISCO, July 29, 2020 (GLOBE NEWSWIRE) — SuRo Capital Corp. (“SuRo Capital” or the “Company”) (Nasdaq:SSSS) today announced that it will report its financial results for the quarter ended June 30, 2020 after the close of the U.S. market on Wednesday, August 5, 2020.Additionally, SuRo Capital’s Board of Directors today declared a dividend in the amount of $0.15 per share, payable on August 25, 2020 to the Company’s common stockholders of record as of the close of business on August 11, 2020.  SuRo Capital’s $0.15 per share dividend is expected to be reported as a capital gains dividend and treated as a long-term capital gain by stockholders.Management will hold a conference call and webcast for investors at 2:00 p.m. PT (5:00 p.m. ET).  The conference call access number for U.S. participants is 323-794-2093, and the conference...

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