WSP Reports Q3 2020 Results With Improved Margins and a Strong Financial Position

Written by Customer Service on November 4, 2020. Posted in Public Companies.

MONTREAL, Nov. 04, 2020 (GLOBE NEWSWIRE) — WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”) today announced financial and operating results for the third quarter of fiscal 2020 ended on September 26, 2020.THIRD QUARTER 2020 FINANCIAL HIGHLIGHTSRevenues and net revenues* for the quarter reached $2.1 billion and $1.7 billion, down 3.8% and 0.4%, respectively, compared to Q3 2019. Organically, net revenues contracted 3.4% for the quarter.Backlog* as at September 26, 2020 stood at $8.5 billion, reaching the record high of 11.6 months of revenues, up $374.0 million or 4.6% from $8.1 billion as at December 31, 2019 and up $600.1 million or 7.6% when compared to September 28, 2019. Backlog organic growth reached 3.6% compared to December 31, 2019, and 5.2% compared to September 28, 2019.Adjusted EBITDA* for the quarter of $297.1...

WSP annonce ses résultats pour le troisième trimestre 2020 et fait état de marges améliorées, ainsi que d’une position financière solide

Written by Customer Service on November 4, 2020. Posted in Public Companies.

MONTRÉAL, 04 nov. 2020 (GLOBE NEWSWIRE) — Groupe WSP Global Inc. (TSX: WSP) (“WSP” ou la “Société”) a annoncé aujourd’hui ses résultats financiers et opérationnels pour le troisième trimestre de l’exercice 2020 clos le 26 septembre 2020.FAITS SAILLANTS FINANCIERS DU TROISIÈME TRIMESTRE DE 2020Une performance financière robuste lors du troisième trimestre de 2020 avec une marge du BAIIA ajusté améliorée et une position financière solide. Le carnet de commandes demeure en bonne position.Produits des activités ordinaires de 2,1 G$ et produits des activités ordinaires nets* de 1,7 G$ pour le trimestre, en baisse respectivement de 3,8 % et de 0,4 % par rapport au troisième trimestre de 2019. À l’interne, les produits des activités ordinaires nets ont reculé de 3,4 % pour le trimestre.Carnet de commandes* s’établissant à 8,5 G$...

One Liberty Properties Reports Third Quarter 2020 Results

Written by Customer Service on November 4, 2020. Posted in Public Companies.

GREAT NECK, N.Y., Nov. 04, 2020 (GLOBE NEWSWIRE) — One Liberty Properties, Inc. (NYSE: OLP), a real estate investment trust focused on net leased properties, today announced operating results for the quarter ended September 30, 2020.Patrick J. Callan, Jr., President and Chief Executive Officer of One Liberty commented, “We continue to work effectively with our tenants to find the best solutions for both our properties and for them as we navigate through these uncertain times. We understand that these efforts will continue to impact our results and that this impact will persist into 2021. However, as we have proven through other challenging economic cycles, One Liberty should emerge well-positioned to continue to capture long-term value and cash flow in the future.”Operating Results:Rental income grew 3.4% to $21.1 million in the...

MISTRAS Group Announces Third Quarter 2020 Results

Written by Customer Service on November 4, 2020. Posted in Public Companies.

Sequential Quarterly Revenue Growth of 18.9%;Year over Year Quarterly Gross Profit Margin Increased by 190 bps and SG&A expense decreased by 12.3%;Continued Positive Quarterly Operating Cash Flow, Free Cash Flow and Debt ReductionPRINCETON JUNCTION, N.J., Nov. 04, 2020 (GLOBE NEWSWIRE) — MISTRAS Group, Inc. (MG: NYSE), a leading “one source” global multinational provider of integrated technology-enabled asset protection solutions, reported financial results for its third quarter ended September 30, 2020.Highlights of the Third Quarter 2020*Revenue of $147.9 million, a decrease of 23.0% year over year, but an increase of 18.9% sequentiallyGross profit margin of 32.0%, a 190 basis point increaseSG&A expenses of $37.1 million, a decrease of $5.2 million or 12.3%Net income of $1.6 million or $0.05 per shareAdjusted...

Allegro MicroSystems Appoints Christine King to its Board of Directors

Written by Customer Service on November 4, 2020. Posted in Public Companies.

MANCHESTER, N.H., Nov. 04, 2020 (GLOBE NEWSWIRE) — Allegro MicroSystems, Inc. (“Allegro”), a global leader in sensing and power semiconductor technology, today announced the appointment of Christine King to its Board of Directors and Audit Committee, effective October 28, 2020.“We are delighted to have Christine King as our newest independent director and Audit Committee member,” said Ravi Vig, President and CEO of Allegro MicroSystems. “She brings a wealth of knowledge, including extensive semiconductor experience, and a successful track record that will enable her to support Allegro’s growth objectives as a public company.”Ms. King is a seasoned executive in the technology sector with broad experience in the semiconductor industry. She most recently served as the President and Chief Executive Officer of Standard Microsystems,...

SJI Reports Third Quarter 2020 Results Updates 2020 Financial Guidance

Written by Customer Service on November 4, 2020. Posted in Public Companies.

FOLSOM, Nov. 04, 2020 (GLOBE NEWSWIRE) —SJI Reports Third Quarter 2020 ResultsUpdates 2020 Financial GuidanceFOLSOM, NJ (November 4, 2020) – SJI (NYSE: SJI) today reported operating results for the third quarter ended September 30, 2020. Highlights include:Q3 2020 GAAP earnings of $(0.10) per diluted share compared to $(0.38) per diluted share in 2019Q3 2020 Economic Earnings* of $(0.06) per diluted share compared to $(0.30) per diluted share in 2019Third quarter results reflect increased profitability from Utility and Non-Utility operations partially offset by impact of financing activities; ITC’s related to clean energy investments contributed $0.12 per diluted shareSuccessful execution of key initiatives, including positive resolution of SJG base rate case, targeted clean energy investments in support of regional goals,...

Apache Corporation Announces Third-Quarter 2020 Financial and Operational Results

Written by Customer Service on November 4, 2020. Posted in Public Companies.

HOUSTON, Nov. 04, 2020 (GLOBE NEWSWIRE) — Apache Corporation (Nasdaq: APA) today announced third-quarter 2020 results on its website at www.apachecorp.com or investor.apachecorp.com as well as on Twitter (@ApacheCorp).There will be a conference call Nov. 5 at 10 a.m. Central time to discuss the results. It will be webcast and archived on Apache’s website and available for playback by telephone for one week. The number for the replay is 855-859-2056 or 404-537-3406 for international calls. The conference access code is 3082947.About ApacheApache Corporation is an oil and gas exploration and production company with operations in the United States, Egypt and the United Kingdom, and exploration activities offshore Suriname. Apache posts announcements, operational updates, investor information and copies of all press releases on its...

Green Plains Partners Reports Third Quarter 2020 Financial Results

Written by Customer Service on November 4, 2020. Posted in Public Companies.

Results for the Third Quarter of 2020Net income of $10.3 million, or $0.44 per common unitAdjusted EBITDA of $13.9 million and distributable cash flow of $11.3 millionQuarterly cash distribution of $0.12 per unitDistribution coverage ratio of 3.97x, LTM distribution coverage ratio of 2.28xOMAHA, Neb., Nov. 04, 2020 (GLOBE NEWSWIRE) — Green Plains Partners LP (NASDAQ:GPP) today announced financial and operating results for the third quarter of 2020. Net income attributable to the partnership was $10.3 million, or $0.44 per common unit, for the third quarter of 2020 compared with net income of $10.1 million, or $0.43 per common unit, for the same period in 2019.The partnership also reported adjusted EBITDA of $13.9 million and distributable cash flow of $11.3 million for the third quarter of 2020, compared with adjusted EBITDA of...

Host Hotels & Resorts, Inc. Reports Results for Third Quarter 2020

Written by Customer Service on November 4, 2020. Posted in Public Companies.

BETHESDA, Md., Nov. 04, 2020 (GLOBE NEWSWIRE) — Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation’s largest lodging real estate investment trust (“REIT”), today announced results for the third quarter of 2020.James F. Risoleo, President and Chief Executive Officer, said, “During the third quarter, we achieved a meaningful sequential increase in revenue and reduced our net loss and hotel-level operating losses from second-quarter levels, despite a year-over-year decrease in travel due to COVID-19. We reopened 20 hotels during the quarter, and consistently improved RevPAR each month as our operators increased average hotel occupancy by 680 basis points from July to September. In addition, we took important steps with our hotel operators towards achieving our goal of permanent cost savings as we continue to...

Checkpoint Therapeutics Reports Third Quarter 2020 Financial Results and Recent Corporate Highlights

Written by Customer Service on November 4, 2020. Posted in Public Companies.

NEW YORK, Nov. 04, 2020 (GLOBE NEWSWIRE) — Checkpoint Therapeutics, Inc. (“Checkpoint”) (NASDAQ: CKPT), a clinical-stage immunotherapy and targeted oncology company focused on the acquisition, development and commercialization of novel treatments for patients with solid tumor cancers, today announced financial results for the third quarter ended September 30, 2020, and recent corporate highlights.James F. Oliviero, President and Chief Executive Officer of Checkpoint, said, “We are excited to have presented updated positive interim results from the ongoing registration-enabling clinical trial of cosibelimab for the treatment of metastatic cutaneous squamous cell carcinoma (“mCSCC”) at the European Society for Medical Oncology (“ESMO”) Virtual Congress 2020. These compelling data underscore cosibelimab’s potential to be best-in-class....

Day: November 4, 2020

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