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Month: August 2020

Select Bancorp Reports Second Quarter 2020 Earnings

DUNN, N.C., Aug. 05, 2020 (GLOBE NEWSWIRE) — Select Bancorp, Inc. (NASDAQ: SLCT) (the “Company”), the holding company for Select Bank & Trust Company, today reported net income for the quarter ended June 30, 2020 of $681,000 with basic and diluted earnings per share of $0.04, compared to net income of $3.4 million with basic and diluted earnings per share of $0.18 for the comparative quarter ended June 30, 2019. The decrease in net income in the second quarter of 2020 compared to the second quarter of 2019 was primarily attributable to a provision for loan losses of $1.9 million compared to a recovery of loan losses of $207,000 for the same period in 2019. The increase in the provision for loan losses was primarily due to factors associated with the economic impact of the COVID-19 pandemic. In addition, we incurred $709,000...

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Prevail Therapeutics to Present at 2020 Wedbush PacGrow Healthcare Conference

NEW YORK, Aug. 05, 2020 (GLOBE NEWSWIRE) — Prevail Therapeutics Inc. (Nasdaq: PRVL), a biotechnology company developing potentially disease-modifying AAV-based gene therapies for patients with neurodegenerative diseases, today announced that Asa Abeliovich, M.D., Ph.D., Founder and Chief Executive Officer of Prevail, will present at the virtual 2020 Wedbush PacGrow Healthcare Conference on Tuesday, August 11, 2020 at 1:45 p.m. ET.The webcast will be available in the Events and Presentations section of the Company’s website at ir.prevailtherapeutics.com. The webcast will be archived for 90 days following the presentation.About Prevail TherapeuticsPrevail is a gene therapy company leveraging breakthroughs in human genetics with the goal of developing and commercializing disease-modifying AAV-based gene therapies for patients...

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International Money Express Updates 2Q20 Earnings Presentation with Immaterial Revision

MIAMI, Aug. 05, 2020 (GLOBE NEWSWIRE) — International Money Express, Inc. (NASDAQ: IMXI) has revised slide 5 of its second quarter earnings presentation to correct an immaterial error regarding online customer and online transaction growth for the second quarter of 2020. This revision does not change any other information contained in the presentation. The updated presentation can be found on the company website at https://investors.intermexonline.com/news-events/events.Investor RelationsMike Gallentine, Vice President of Investor Relationsmgallentine@intermexusa.com305-671-8005

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21Vianet Announces Tim Chen as Chief Strategy Officer

BEIJING, Aug. 05, 2020 (GLOBE NEWSWIRE) — 21Vianet Group, Inc. (Nasdaq: VNET) (“21Vianet” or the “Company”), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced that Mr. Tim Chen will join the Company as its Chief Strategy Officer in August 2020.A seasoned finance executive with over 20 years of experience in mergers and acquisitions, corporate finance, and investment strategies, Mr. Chen brings a wealth of expertise in negotiating and executing complex deals and managing large, cross-functional teams.  Mr. Chen will be responsible for the Company’s international mergers and acquisitions, corporate finance, and investor relations activities, supporting the management team to help drive the Company’s growth.“Tim will significantly strengthen the capabilities of the senior management...

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NL INDUSTRIES ANNOUNCES QUARTERLY DIVIDEND FOR THE THIRD QUARTER OF 2020 AT $.04 PER SHARE

Dallas, Texas, Aug. 05, 2020 (GLOBE NEWSWIRE) — NL Industries, Inc. (NYSE:NL) today announced that its Board of Directors voted to declare a quarterly dividend of four cents ($0.04) per share on its common stock payable on September 15, 2020 to shareholders of record at the close of business on September 1, 2020. NL Industries, Inc. is engaged in the component products (security products and recreational marine components) and titanium dioxide products businesses.* * * * *SOURCE: NL Industries, Inc. CONTACT: Janet G. Keckeisen, Vice President – Corporate Strategy and Investor Relations, 972.233.1700

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QIWI to Announce Second Quarter 2020 Financial Results on August 19, 2020

NICOSIA, Cyprus, Aug. 05, 2020 (GLOBE NEWSWIRE) — QIWI plc, (NASDAQ: QIWI) (MOEX: QIWI) (“QIWI” or the “Company”) today announced that it will host a conference call and webcast on Wednesday, August 19, 2020 at 8:30 a.m. ET to review the second quarter 2020 financial results. A press release with the second quarter 2020 financial results will be issued before the market opens on Wednesday, August 19, 2020.The conference call can be accessed live over the phone by dialing +1 (877) 407-3982 or for international callers by dialing +1 (201) 493-6780. A replay will be available at 11:30 a.m. ET and can be accessed by dialing +1 (844) 512-2921 or +1 (412) 317-6671 for international callers; the pin number is 13707940 The replay will be available until Wednesday, September 2, 2020. The call will be webcast live from the Company’s website...

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Atreca to Present at Two Upcoming Virtual Healthcare Conferences

SOUTH SAN FRANCISCO, Calif., Aug. 05, 2020 (GLOBE NEWSWIRE) — Atreca, Inc. (Atreca) (NASDAQ: BCEL), a clinical-stage biotechnology company focused on developing novel therapeutics generated through a unique discovery platform based on interrogation of the active human immune response, today announced that it will participate in two upcoming investor conferences:2020 Wedbush PacGrow Healthcare Virtual ConferenceWednesday, August 12, 2020Presentation time: 2:20 p.m. EDTCanaccord Genuity 40th Annual Growth ConferenceThursday, August 13, 2020Presentation time: 4:00 p.m. EDTLive webcasts of each event can be accessed through the Events & Presentations section of the Company’s website at ir.atreca.com. Archived replays of the webcasts will be available on the Company’s website for 90 days following the live presentations.About...

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SMTC Corporation Announces Second Quarter Results

TORONTO, Aug. 05, 2020 (GLOBE NEWSWIRE) — SMTC Corporation (Nasdaq:SMTX), a global electronics manufacturing services provider and winners of Frost & Sullivan’s 2019 Best Practices Award for Customer Value Leadership in the Electronics Manufacturing Services Industry, today announced its second quarter 2020 results.Business HighlightsSecond quarter 2020 revenue of $90.4 millionEPS was $0.03 and Adjusted EPS was $0.08Net Income was $1.0 million, EBITDA was $5.8 million and Adjusted EBITDA was $6.4 millionContinued to gain market share with over $130 million of new orders booked during the past three quarters, including $26 million in the second quarter, from new and existing customersInstalled equipment shipped from SMTC’s former Chinese manufacturing facility to provide increased capacity in North America facilitiesAll facilities...

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The Ensign Group Reports Second Quarter Results

Raises Annual GuidanceConference Call and Webcast scheduled for tomorrow, August 6, 2020 at 10:00 am PTSAN JUAN CAPISTRANO, Calif., Aug. 05, 2020 (GLOBE NEWSWIRE) — The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign(TM) group of companies, which provide skilled nursing services, senior living services, rehabilitative care services and other healthcare services, announced record operating results for the second quarter of 2020, reporting GAAP diluted earnings per share of $0.73 for the quarter with adjusted earnings per share of $0.78 for the quarter(2). The company also announced that it has returned all of the Provider Relief Funds it received, directly and indirectly, through the Coronavirus Aid, Relief and Economic Security Act (CARES Act), representing approximately $110.0 million.Highlights Include:GAAP...

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Monroe Capital Corporation BDC Announces Second Quarter 2020 Results

CHICAGO, Aug. 05, 2020 (GLOBE NEWSWIRE) — Monroe Capital Corporation (Nasdaq: MRCC) (“Monroe”) today announced its financial results for the second quarter ended June 30, 2020.Except where the context suggests otherwise, the terms “Monroe,” “we,” “us,” “our,” and “Company” refer to Monroe Capital Corporation.Second Quarter 2020 Financial HighlightsNet Investment Income of $12.6 million, or $0.61 per shareAdjusted Net Investment Income (a non-GAAP measure described below) of $12.8 million, or $0.62 per shareNet increase in net assets resulting from operations of $14.2 million, or $0.69 per shareNet Asset Value (“NAV”) of $220.6 million, or $10.37 per sharePaid quarterly dividend of $0.25 per share on June 30, 2020Chief Executive Officer Theodore L. Koenig commented, “In a challenging environment, we are extremely pleased to report...

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