Ormat Technologies Reports Third Quarter 2020 Financial Results

Written by Customer Service on November 3, 2020. Posted in Public Companies.

FAVORABLE SETTLEMENT WITH THE KENYAN TAX AUTHORITIES;OPERATING INCOME INCREASED 33.5% OVER LAST YEAR;IMPROVED CASH FLOW FROM OPERATION SUPPORTED BY COLLECTION IN HONDURAS AND KENYARENO, Nev., Nov. 03, 2020 (GLOBE NEWSWIRE) — Ormat Technologies, Inc.1 (NYSE: ORA) today announced financial results for the third quarter ended September 30, 2020.KEY FINANCIAL RESULTS“Our third quarter results reflect the strength of our business model and our operating execution,” commented Doron Blachar, Chief Executive Officer. “Ormat delivered double-digit increases in year-over-year operating income and Adjusted EBITDA, and made progress with its efforts to grow its Electricity and Storage segments. Subsequent to the end of the quarter, we reached a favorable settlement and resolved the most significant tax assessment issued by the Kenya Revenue...

Capitala Finance Corp. Reports Third Quarter 2020 Results

Written by Customer Service on November 3, 2020. Posted in Public Companies.

CHARLOTTE, N.C., Nov. 03, 2020 (GLOBE NEWSWIRE) — Capitala Finance Corp. (Nasdaq:CPTA) (“Capitala”, the “Company”, “we”, “us”, or “our”) today announced its financial results for the third quarter of 2020.Third Quarter HighlightsA 3% increase in Net Asset Value per share to $39.99 at September 30, 2020, compared to $38.75 per share at June 30, 2020 (adjusted for 1 for 6 reverse stock split)Reduced total debt to equity ratio to 1.99 at September 30, 2020, down from 2.64 at June 30, 2020o Repaid $59.0 million of debentures secured by the Small Business Administration (“SBA debentures”)o Repurchased approximately $2.2 million of 6.0% Notes due 2022Cash balances of $43.7 million at quarter-end, available for investments and for general working capital needsImproved credit quality as risk grade 3 and 4 investments collectively...

Wesdome Announces 2020 Third Quarter Financial Results

Written by Customer Service on November 3, 2020. Posted in Public Companies.

TORONTO, Nov. 03, 2020 (GLOBE NEWSWIRE) — Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) today announces third quarter (“Q3 2020”) financial results. All figures are stated in Canadian dollars unless otherwise noted.Mr. Duncan Middlemiss, President and CEO commented, “During Q3, Wesdome generated operating cash flow of $25.5 million or $0.18 per share and free cash flow of $3.2 million, (net of an investment of $13.9 million in Kiena), or $0.02 per share, ending the quarter with a cash position of $73.5 million (Q2 2020: $66.7 million). Cash costs for the quarter were $1,052 per ounce (US: $790) and All-in sustaining costs were $1,395 per ounce (US $1,047). Both of these unit costs are currently above the high end of our full year guidance, however we believe the AISC will decrease to the upper end of full year...

Supernus Announces Third Quarter 2020 Financial Results

Written by Customer Service on November 3, 2020. Posted in Public Companies.

Q3 2020 total revenues of $155.1 million, including net product sales of $152.1 million and royalty revenues of $3.0 millionQ3 2020 operating earnings of $56.1 millionOn track to initiate commercial launch of SPN-812 in January 2021, if approved by the FDATopline data from the SPN-812 Phase III trial in adult ADHD patients expected in Q1 2021Submitted SPN-830 (Apomorphine infusion pump) NDA to the FDA in September 2020Increased full year 2020 net product sales guidance range of $500 million to $525 million, and operating earnings guidance range of $145 million to $160 millionROCKVILLE, Md., Nov. 03, 2020 (GLOBE NEWSWIRE) — Supernus Pharmaceuticals, Inc. (Nasdaq: SUPN), a pharmaceutical company focused on developing and commercializing products for the treatment of central nervous system (CNS) diseases, today reported financial results...

Protective Insurance Corporation Announces Results for the Third Quarter and Nine Months

Written by Customer Service on November 3, 2020. Posted in Public Companies.

CARMEL, Ind., Nov. 03, 2020 (GLOBE NEWSWIRE) — Protective Insurance Corporation (NASDAQ: PTVCA, PTVCB) today reported third quarter net income of $3.3 million, or $0.23 per share, which compares to net loss of $0.7 million, or $0.05 per share, for the prior year’s third quarter. For the first nine months of 2020, net loss totaled $7.5 million, or $0.53 per share, which compares to net income of $3.6 million, or $0.24 per share, for the prior year period.Highlights for the third quarter and first nine months of 2020 include:Accident Year combined ratios were 100.0% for the third quarter of 2020 and 101.9% for the first nine months of 2020, an improvement of 7.0 points and 5.8 points over the comparative 2019 periods.Book value per share increased $0.54 during the third quarter due to valuation gains on our investment holdings, including...

Tabula Rasa HealthCare Reports Third Quarter 2020 Results

Written by Customer Service on November 3, 2020. Posted in Public Companies.

MOORESTOWN, N.J., Nov. 03, 2020 (GLOBE NEWSWIRE) — Tabula Rasa HealthCare, Inc. (“TRHC”) (Nasdaq:TRHC), a healthcare technology company advancing the field of medication safety, today reported financial results for the third quarter ended September 30, 2020.“We are pleased with the resilience and focus of our team during these unprecedented times. While the ongoing pandemic impacted our financial results during the third quarter, we are continuing to see signs of recovery that we believe will be meaningful drivers of improved performance in the fourth quarter of 2020 and in 2021. For example, our October 2020 PACE net enrollment figures far exceeded our expectations and are at the highest levels we have seen in two years. Recent industry data from the National PACE Association shows a sharp decline in the number of COVID-19 cases...

Coca-Cola Consolidated Reports Third Quarter and First Nine Months 2020 Results

Written by Customer Service on November 3, 2020. Posted in Public Companies.

Third quarter 2020 net sales increased 4.5% versus the third quarter of 2019, with physical case volume up 3.9% for the quarter(a).Gross profit increased $40.2 million, or 9.3%, in the third quarter of 2020. Gross margin improved 160 basis points due to selling price increases and favorable input costs.Third quarter 2020 income from operations was $103.8 million, up $50.0 million. On an adjusted(b) basis, income from operations increased $46.5 million versus the third quarter of 2019. Key ResultsThird Quarter and First Nine Months 2020 ReviewCHARLOTTE, N.C., Nov. 03, 2020 (GLOBE NEWSWIRE) — Coca-Cola Consolidated, Inc. (NASDAQ:COKE) today reported operating results for the third quarter and first nine months ended September 27, 2020.“Our strong third quarter results are a testament to the hard work of our teammates across our territory...

Wilmington Announces 2020 Third Quarter Results

Written by Customer Service on November 3, 2020. Posted in Public Companies.

CALGARY, Alberta, Nov. 03, 2020 (GLOBE NEWSWIRE) — Wilmington Capital Management Inc. (“Wilmington” or the “Corporation”) reported a net income for the three months ended September 30, 2020 of $0.1 million or $0.01 per share compared to a net income of $0.02 million or $0.00 per share for the same period in 2019. For the nine months ended September 30, 2020, the Corporation generated a net loss of $0.01 million or $0.00 compared to net income of $34.6 million or $3.38 per share.OPERATIONS REVIEW – For the Period Ended September 30, 2020As at September 30, 2020, Wilmington had assets under management in its operating platforms of approximately $157.5 million ($65 million representing Wilmington’s share). A summary of the Corporation and its associated entities operations are set out below.MarinasMaple Leaf PartnershipsIn March 2020,...

goeasy Ltd. Reports Record Results for the Third Quarter

Written by Customer Service on November 3, 2020. Posted in Public Companies.

Loan Portfolio of $1.18 billion, up 14%Net Charge-Off Rate of 7.8%, down 540 bpsAdjusted Diluted Earnings per Share of $2.00, up 56%Total Liquidity of $250 million, up 16%MISSISSAUGA, Ontario, Nov. 03, 2020 (GLOBE NEWSWIRE) — goeasy Ltd. (TSX: GSY), (“goeasy” or the “Company”), a leading full-service provider of goods and alternative financial services, announced its results for the third quarter ended September 30, 2020. Third Quarter ResultsDuring the quarter, the Company experienced an improved level of loan originations and a reduction in credit losses, leading to record financial results.Gradual re-opening of the economy and a reduction in the stay-at-home orders originally caused by the COVID-19 pandemic, served to improve overall demand. As such, the Company generated $287 million in total loan originations,...

Nasdaq October 2020 Volumes

Written by Customer Service on November 3, 2020. Posted in Public Companies.

NEW YORK, Nov. 03, 2020 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) today reported monthly volumes for October 2020, on its investor relations website.A data sheet showing the monthly volumes and quarterly capture rates can be found at: http://ir.nasdaq.com/financials/volume-statisticsAbout NasdaqNasdaq (Nasdaq: NDAQ) is a global technology company serving the capital markets and other industries. Our diverse offering of data, analytics, software and services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on Twitter @Nasdaq, or at www.nasdaq.com.Cautionary Note Regarding Forward-Looking StatementsInformation set forth in this communication contains forward-looking statements that involve a number of...

Day: November 3, 2020

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