Month: July 2020

PORTLAND, Maine, July 29, 2020 (GLOBE NEWSWIRE) — Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, today reported net income of $11.2 million, or $1.33 per diluted common share, for the quarter ended June 30, 2020, compared to a net loss of $603 thousand, or ($0.07) per diluted common share, for the quarter ended June 30, 2019. Net income for the year ended June 30, 2020 was $22.7 million, or $2.53 per diluted common share, compared to $13.9 million, or $1.52 per diluted common share, for the year ended June 30, 2019. Earnings were positively impacted in the quarter ended June 30, 2020 by the sale of $457.6 million in Paycheck Protection Program (“PPP”) loans to The Loan Source, Inc. (“Loan Source”) which resulted in a pre-tax net gain of $9.7 million, or approximately $6.7 million net of tax.The quarter...

IRVING, Texas, July 29, 2020 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ:XELA), a location-agnostic global business process automation (“BPA”) leader across numerous industries, will host a conference call with the financial community to discuss results for the second quarter 2020 at 11:00 a.m. ET on August 11, 2020. Exela will issue a press release reporting its results before the start of the call.  Hosting the call and reviewing the results will be Ron Cogburn, Chief Executive Officer, and Shrikant Sortur, Chief Financial Officer. Following the review, there will be a question and answer session.The conference call will be broadcast live on Exela’s Investor Relations website at http://investors.exelatech.com.Shortly after the conclusion of the call, a replay will be available through August...

DAYTONA BEACH, Fla., July 29, 2020 (GLOBE NEWSWIRE) — CTO Realty Growth, Inc. (NYSE American: CTO) (the “Company”) today announced its operating results and earnings for the quarter ended June 30, 2020.QUARTER HIGHLIGHTSNet Income and Investment in AlpineReported net income per share of $2.71 for the second quarter of 2020, includes $1.30 of earnings per share, after tax, of a non-cash unrealized gain on the mark to market of the Company’s ownership of 2,039,644 shares of Alpine Income Property Trust, Inc. (“PINE”).COVID-19 and Collections UpdateThe Company is actively working with its tenants that have been impacted by the COVID-19 Pandemic (as defined below). During the three months ended June 30, 2020, the Company collected 80% of the Contractual Base Rent (as defined below) due during such period. As of July 28, 2020, the Company...

COLUMBIA, Md., July 29, 2020 (GLOBE NEWSWIRE) — Tenable (Nasdaq: TENB), the Cyber Exposure company, today announced the launch of a proposed underwritten public offering of 8,000,000 shares of its common stock by certain existing stockholders of Tenable. Tenable will not receive any of the proceeds from the sale of shares of common stock by the selling stockholders. The selling stockholders expect to grant the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of common stock from them at the public offering price, less underwriting discounts and commissions.J.P. Morgan, Morgan Stanley and Barclays are acting as joint book-running managers for the proposed offering.The proposed offering is being made pursuant to a shelf registration statement, including a base prospectus, filed by Tenable with the Securities...

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...

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 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...

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...

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...