Day: August 3, 2020

Year-To-Date Net Income of $3.5 Million, Total Assets Reach $1.17 BillionFor Second Quarter 2020: Year-Over-Year Total Revenue Increased 15.7%, Average Interest Earning Assets Increased $186.4 Million (20.1%), and Noninterest Expense Reduced 11.9%OSWEGO, N.Y., Aug. 03, 2020 (GLOBE NEWSWIRE) — Pathfinder Bancorp, Inc. (“Company”) (NASDAQ: PBHC), the holding company for Pathfinder Bank (“Bank”), announced second quarter 2020 net income attributable to Pathfinder Bancorp, Inc. of $1.8 million, compared to $607,000 for the second quarter of 2019.  Earnings per basic and diluted share were both $0.31 compared to $0.11 for the prior year period.  Second quarter 2020 revenue (net interest income, before provision for loans losses, and total noninterest income) of $9.2 million increased $1.2 million, or 15.7%, compared to $7.9 million for...

HOUSTON, Aug. 03, 2020 (GLOBE NEWSWIRE) — Crown Castle International Corp. (NYSE: CCI) (“Crown Castle”) announced today that Dan Schlanger, Crown Castle’s Executive Vice President and Chief Financial Officer is scheduled to present on Tuesday, August 11, 2020 at 9:20 a.m. Eastern Time at the Cowen and Company 6th Annual Virtual Communications Infrastructure Summit. The presentation will be broadcast live over the Internet and is expected to last approximately 40 minutes. The live webcast link and presentation for the conference will be available on Crown Castle’s website at www.crowncastle.com, where it will also be archived for replay.ABOUT CROWN CASTLECrown Castle owns, operates and leases more than 40,000 cell towers and approximately 80,000 route miles of fiber supporting small cells and fiber solutions across every...

CORAL GABLES, Fla., Aug. 03, 2020 (GLOBE NEWSWIRE) — Catalyst Pharmaceuticals, Inc. (Catalyst) (Nasdaq: CPRX), a commercial-stage biopharmaceutical company focused on developing and commercializing innovative therapies for people with rare debilitating, chronic neuromuscular and neurological diseases, today announced a change in the format of its 2020 Annual Meeting of Stockholders (the “Annual Meeting”) from an in-person meeting to a virtual-only meeting format. The change is being made as a result of the coronavirus outbreak (COVID-19) and in order to protect the health and safety of Catalyst’s stockholders and employees. There will be no in-person meeting. As previously announced, the Annual Meeting will be held on Thursday, August 20, 2020 at 9:00 a.m. eastern time.Stockholders will be able to attend the Annual...

WEST PALM BEACH, Fla., Aug. 03, 2020 (GLOBE NEWSWIRE) — Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that its Board of Directors approved a reverse stock split of authorized and outstanding shares of the Company’s common stock at a ratio of one-for-15.As previously disclosed, on July 15, 2020, the Board approved a reverse stock split of the Company’s common stock at a ratio of one-for-25. Based on subsequent developments, including a significant increase in the trading price of the Company’s common stock, on July 28, 2020, Ocwen’s Board and management determined to move forward with a reverse stock split at a ratio of one-for-15.The reverse stock split is expected to be effective at 5:00 p.m. EST on August 13, 2020 (“the Effective Time”)....

MONACO, Aug. 03, 2020 (GLOBE NEWSWIRE) — Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced the election of two Class III directors at the Company’s annual meeting of stockholders held in Greece today.Frank Sica and Konstantinos Adamopoulos were elected Class III directors. The Class III directors were elected to hold office for a term ending at the annual meeting of stockholders in 2023 and until their respective successors have been duly elected and qualified.Stockholders also (i) ratified the appointment of Deloitte, Certified Public Accountants S.A. as the Company’s independent auditors for the fiscal year ending December 31, 2020, (ii) granted discretionary authority to the Company’s board of directors to effect one or more reverse stock splits of the...

ATHENS, Greece, Aug. 03, 2020 (GLOBE NEWSWIRE) — Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today that it will release its financial results for the second quarter ended June 30, 2020 on Tuesday, August 11, 2020 after market closes in New York.On the next day, Wednesday, August 12, 2020 at 10:00 a.m. Eastern Time, the Company’s management will host a conference call and webcast to discuss the results.Conference Call details:Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 1 (877) 553-9962 (US Toll Free Dial In), 0(808) 238-0669 (UK Toll Free Dial In) or +44 (0) 2071 928592 (Standard International Dial In). Please quote “Euroseas” to the operator.A...

SAN DIEGO, Aug. 03, 2020 (GLOBE NEWSWIRE) — Exagen Inc. (Nasdaq: XGN), an organization dedicated to transforming the care continuum for patients suffering from autoimmune diseases, announced today a collaboration with Hospital for Special Surgery (HSS) in New York City. This well-respected institution is the world’s leading academic medical center for autoimmune diseases and musculoskeletal health; for 28 consecutive years it has been among the top-ranked hospitals in the nation for rheumatology and orthopedics.Antiphospholipid syndrome (APS) is an autoimmune clotting disorder which most commonly increases the risk of blood clots and pregnancy complications as a result of antiphospholipid antibodies (aPL). Complement cascade, which is part of the immune system, is involved in the development of aPL-related clinical problems. This...

Second Quarter 2020 Highlights:Revenues of $98.6 million, compared with $97.8 million in the same period last yearGAAP net loss of $8.3 million, or $0.17 loss per diluted shareNon-GAAP net income of $5.5 million, or $0.11 per diluted sharePLAINVIEW, N.Y., Aug. 03, 2020 (GLOBE NEWSWIRE) — Veeco Instruments Inc. (Nasdaq: VECO) today announced financial results for its second quarter ended June 30, 2020. Results are reported in accordance with U.S. generally accepted accounting principles (“GAAP”) and are also reported adjusting for certain items (“Non-GAAP”). A reconciliation between GAAP and Non-GAAP operating results is provided at the end of this press release. 

VONORE, Tenn., Aug. 03, 2020 (GLOBE NEWSWIRE) — MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) (the “Company”) today announced that it has named Scott Womack as President of NauticStar Boats, LLC (“NauticStar”), effective immediately.  Womack, 51, has served in a variety of leadership positions with large automotive suppliers and brings 27 years of manufacturing and global operations experience. He joins NauticStar from Autoneum Holdings AG (“Autoneum”) where he oversaw five manufacturing sites as Vice President of U.S. Operations. Prior to joining Autoneum, Womack served as Chief Operating Officer at Varroc Lighting Systems where he oversaw 15 manufacturing sites in six countries. Womack replaces Jay Povlin who is leaving NauticStar to pursue other opportunities.“We’re excited to have Scott assume leadership at NauticStar – a brand...