Day: October 29, 2020

Dril-Quip, Inc. Announces Third Quarter 2020 Results

Written by Customer Service on October 29, 2020. Posted in Public Companies.

HOUSTON, Oct. 29, 2020 (GLOBE NEWSWIRE) — Dril-Quip, Inc. (NYSE: DRQ), (the “Company” or “Dril-Quip”) today reported operational and financial results for the third quarter of 2020. Key highlights for the third quarter of 2020 included:Delivered $91.3 million of revenue from increased product volumes, primarily driven by improved production output and product mix in Asia Pacific and the U.S.;Reported third quarter net income of $14.3 million, or $0.41 per share, an improvement of $28.5 million, or $0.81 per share, from the second quarter of 2020 primarily driven by federal income tax benefits;Increased adjusted EBITDA to $10.2 million, or 11.1% of revenue, from improved product margins and lower costs;Generated net cash provided by operating activities of $13.9 million and increased cash position by $13.4 million to $359.2 million...

Albertsons Companies thanks generous customers for record-breaking donations toward Nourishing Neighbors childhood hunger relief

Written by Customer Service on October 29, 2020. Posted in Public Companies.

BOISE, Idaho, Oct. 29, 2020 (GLOBE NEWSWIRE) — Thanks to the generosity of customers, the Albertsons Companies Nourishing Neighbors community relief fund raised a record $9.3 million in its September campaign to provide healthy breakfasts for children in need across its market areas. The funds – raised at the register and directed to local organizations in each store’s community – will enable 37.5 million breakfasts throughout the country.Nourishing Neighbors is a charitable program of the Albertsons Companies Foundation, which is working to eradicate hunger in America.“We are so humbled by the generosity of our customers,” said Christy Duncan Anderson, Executive Director of Albertsons Companies Foundation. “When we partner with our communities through Nourishing Neighbors to tackle issues that affect the most vulnerable among us,...

DZS Releases Third Quarter 2020 Financial Results

Written by Customer Service on October 29, 2020. Posted in Public Companies.

PLANO, Texas, Oct. 29, 2020 (GLOBE NEWSWIRE) — DZS Inc. (“DZS”) (NASDAQ: DZSI), a broadband access innovator and global market leader spanning fixed and mobile optical transport and connected premises solutions for service providers and enterprises, today announced that unaudited financial results for its third quarter 2020 have been posted as a letter to stockholders to the investor relations section of its website. Please visit the DZS investor relations website at https://investor-dzsi.com/ to view the third quarter 2020 financial results in our letter to stockholders, along with accompanying supplemental financial information.A question and answer conference call to discuss these results with President and CEO, Charlie Vogt, CFO, Tom Cancro, and VP, Investor Relations, Ted Moreau, will be held tomorrow, October 30, 2020 at 8:30...

Profire Energy Sets Third Quarter 2020 Conference Call for Tuesday, November 10, 2020 at 1:00 p.m. ET

Written by Customer Service on October 29, 2020. Posted in Public Companies.

LINDON, Utah, Oct. 29, 2020 (GLOBE NEWSWIRE) — Profire Energy, Inc. (Nasdaq: PFIE), a technology company which creates, installs and services burner management solutions in the oil and gas industry, will hold a conference call on Tuesday, November 10, 2020 at 1:00 p.m. ET to discuss results for its 2020 third quarter ended September 30, 2020. Financial results are expected to be filed with the Securities and Exchange Commission and reported in a press release prior to the conference call.Profire Energy Co-CEO and CFO Ryan Oviatt and Co-CEO Cameron Tidball will host the presentation, followed by a question and answer period.Date: Tuesday, November 10, 2020Time: 1:00 p.m. ET (11:00 a.m. MT)Toll-free dial-in number: 1-877-705-6003International dial-in number: 1-201-493-6725The conference call will be webcast live and available for...

Bioasis Announces Filing of Its Quarterly Financial Statements and MD&A for the Period Ending August 31, 2020

Written by Customer Service on October 29, 2020. Posted in Public Companies.

GUILFORD, Conn., Oct. 29, 2020 (GLOBE NEWSWIRE) — BIOASIS TECHNOLOGIES INC. (TSXV:BTI.V; OTCQB:BIOAF), (the “Company” or “Bioasis”), a pre-clinical, research-stage biopharmaceutical company developing its proprietary xB3 ™ platform technology for the delivery of therapeutics across the blood-brain barrier (“BBB”) and the treatment of central nervous system (“CNS”) disorders in areas of high unmet medical need, including brain cancers and neurodegenerative diseases, today announced it has filed its unaudited quarterly financial statements and management’s discussion and analysis for the period ended August 31, 2020. All are available under the Company’s profile on SEDAR at www.sedar.com and on the Company’s website at www.bioasis.us.On behalf of the Board of Directors of Bioasis Technologies Inc.Deborah Rathjen, Ph.D., Executive...

Riverview Bancorp Reports Second Quarter Earnings of $2.5 Million, Results Reflect Decreases in the Provision for Loan Losses and Loan Modifications

Written by Customer Service on October 29, 2020. Posted in Public Companies.

VANCOUVER, Wash., Oct. 29, 2020 (GLOBE NEWSWIRE) — Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) today reported earnings of $2.5 million, or $0.11 per diluted share for the second fiscal quarter ended September 30, 2020, compared to $480,000, or $0.02 per diluted share, in the preceding quarter, and $4.5 million, or $0.20 per diluted share, in the second fiscal quarter a year ago. In the first six months of fiscal 2021, net income was $3.0 million, or $0.14 per diluted share, compared to $8.7 million, or $0.38 per diluted share, in the first six months of fiscal 2020.“Riverview’s second quarter financial results continue to demonstrate the strength and resilience of our franchise,” stated Kevin Lycklama, president and chief executive officer. “We have remained focused on credit quality, maintaining our...

Range Announces Third Quarter 2020 Financial Results

Written by Customer Service on October 29, 2020. Posted in Public Companies.

FORT WORTH, Texas, Oct. 29, 2020 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its third quarter 2020 financial results.Third Quarter Highlights –Well costs continue to average less than $600 per lateral foot, including facility costs, the lowest in Appalachia2020 annual capital spend expectation reduced by at least $15 million, due to efficiency improvementsTotal capital expenditures were $63.5 million during the quarterTransportation, gathering, processing and compression expense improved $0.10 per mcfe, or 7% versus prior yearLease operating expense improved to $0.10 per mcfe, a record low for the CompanyTotal cash unit costs improved $0.18 per mcfe, or 9% versus prior yearClosed on North Louisiana asset divestiture for gross proceeds of $245 million, plus an additional $90 million contingent on future...

Fentura Financial, Inc. Announces Third Quarter 2020 Earnings

Written by Customer Service on October 29, 2020. Posted in Public Companies.

Dollars in thousands except per share amounts. Certain items in the prior period financial statements have been reclassified to conform with the September 30, 2020 presentation.FENTON, Mich., Oct. 29, 2020 (GLOBE NEWSWIRE) — Fentura Financial, Inc. (OTCQX: FETM) announces quarterly results of net income of $5,336 and $12,731 for the three and nine month periods ended September 30, 2020.Ronald Justice, President and CEO, stated “I remain extremely proud of our team. Throughout the COVID-19 pandemic, they have remained committed to safely serving the needs of our customers and communities. While the virus has presented many health and economic challenges, we are focused on enhancing long term shareholder value through consistent financial performance.”Following is a discussion of the Corporation’s financial performance as...

Spartacus Acquisition Corporation Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing November 2, 2020

Written by Customer Service on October 29, 2020. Posted in Public Companies.

NEW YORK, NY, Oct. 29, 2020 (GLOBE NEWSWIRE) — Spartacus Acquisition Corporation (the “Company” or “TMTS”) announced that, commencing November 2, 2020, holders of the units sold in the Company’s initial public offering may elect to separately trade shares of the Company’s Class A common stock (“Class A Common Stock”) and warrants included in the units. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Class A common stock and warrants that are separated will trade on the NASDAQ Capital Market under the symbols “TMTS” and “TMTSW,” respectively. Those units not separated will continue to trade on the NASDAQ Capital Market under the symbol “TMTSU.”This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall...

Territorial Bancorp Inc. Announces Third Quarter 2020 Results

Written by Customer Service on October 29, 2020. Posted in Earnings Releases And Operating Results.

Net income for the three months ended September 30, 2020 was $4.32 million compared to $5.37 million for the three months ended September 30, 2019. The decrease in net income occurred primarily because of an $884,000 decrease in the gain on sale of loans due to a mortgage loan securitization in the prior year and an increase of $581,000 in loan loss provision recorded in the three months ended September 30, 2020. The increase in loan loss provision occurred primarily from an increase in the qualitative factors used to calculate the allowance for loan losses. The qualitative factors increased primarily because Hawaii’s unemployment rate has risen due to the government mandates to minimize the spread of COVID-19.Fully-diluted earnings per share for the three months ended September 30, 2020 was $0.47 per share compared to $0.57 per share...

Day: October 29, 2020

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