Day: February 4, 2021

BellRing Brands Reports Results for the First Quarter of Fiscal Year 2021

ST. LOUIS, Feb. 04, 2021 (GLOBE NEWSWIRE) — BellRing Brands, Inc. (NYSE:BRBR) (“BellRing”), a holding company operating in the global convenient nutrition category, today reported results for the first fiscal quarter ended December 31, 2020.Highlights:Net sales of $282.4 millionOperating profit of $47.8 million; net earnings available to Class A common stockholders of $7.8 million and Adjusted EBITDA of $60.7 millionReaffirmed fiscal year 2021 net sales guidance of $1.07-$1.12 billion and Adjusted EBITDA (non-GAAP) guidance of $207-$217 millionFirst Quarter Operating ResultsNet sales were $282.4 million, an increase of 15.7%, or $38.4 million, compared to the prior year period. Premier Protein net sales increased 17.4%, with volumes up 21.9%, and Premier Protein ready-to-drink (“RTD”) shake net sales increased 17.5%, with volumes...

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Farmers & Merchants Bancorp (FMCB) Reports Record 4th Quarter and Full Year Earnings for 2020

LODI, Calif., Feb. 04, 2021 (GLOBE NEWSWIRE) — Farmers & Merchants Bancorp (OTCQX: FMCB) today announced that the Company earned record net income of $58.7 million ($74.03 per share of common stock) for the year-ending December 31, 2020, a 4.8% increase over the prior year, resulting in a return on average assets of 1.43% and a return on average equity of 14.60%. Total deposits, loans and assets at year-end were $4.1 billion up 23.9%, $3.11 billion up 16.1% and $4.55 billion, up 22.3%, respectively, over the prior year.  For the 4th quarter of 2020, the Company reported net income of $15.5 million ($19.54 per share of common stock), a 5.8% increase over the 4th quarter of 2019. Return on average assets was 1.39% and return on average equity was 14.76%.Kent Steinwert, Farmers & Merchants Bancorp’s Chairman, President and...

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Bright Mountain Media Appoints Gretchen M. Tibbits to the Board of Directors

Renowned Industry Thought Leader Brings 25+ Years of Corporate Strategy Experience to the Company’s Board of DirectorsBoca Raton, FL, Feb. 04, 2021 (GLOBE NEWSWIRE) — Bright Mountain Media, Inc. (OTCQB: BMTM), an end-to-end digital media and advertising services platform, today announced that Gretchen M. Tibbits, renowned corporate strategy executive and industry thought leader, has been appointed to the Company’s Board of Directors effective immediately.Ms. Tibbits brings with her over 25 years of experience in management, strategy and mergers & acquisitions. She currently serves as Managing Director at Progress Partners, a Boston & New York-based M&A advisory firm focused on the media, marketing and advertising sectors. Concurrently, she serves on Arts related boards advising them on branding, digital media strategy,...

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Relevium Announces Investor Relations Conference Call

MONTREAL, Feb. 04, 2021 (GLOBE NEWSWIRE) — Relevium Technologies Inc. (TSX.V:“RLV”, OTCQB:“RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”), is pleased to invite all shareholders, partners, affiliates and interested parties to attend a “town hall” Investor Relations conference call to be hosted by Aurelio Useche, CEO.During 2020, the Coronavirus outbreak had a devastating effect and substantially changed the economic context of many small and medium-sized venture companies, driving down public company valuations and forcing a completely new paradigm in terms of consumer spending and behaviour. Consistent with previous conference calls, Aurelio Useche will be discussing how Relevium has managed to perform during these turbulent times, the strategic business model pivot, and to take a deep dive into the current and future...

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Sarepta Therapeutics Announces Winners of the “Rare Lessons” Lesson Planning Competition

The four winning lesson plans are now available on sharemylesson.comLesson plans showcase creative ways to build awareness of rare disease and to build diversity and inclusion in the classroomCAMBRIDGE, Mass., Feb. 04, 2021 (GLOBE NEWSWIRE) — Sarepta Therapeutics, Inc. (NASDAQ:SRPT), the leader in precision genetic medicine for rare diseases, today announced the four winners of the Rare Lessons lesson planning competition. Sarepta has granted the winning authors $2,500 each and $2,500 to the educational institution with which each is affiliated. The winning submissions are now available on sharemylesson.com, and more information about the authors can be found at Sarepta.com/rarelessons.Rare Lessons competition winners and lesson plan titles:Laura Doyle, Atlanta International School, Atlanta, Ga.: Rare Diseases Lesson PlanJessica...

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Canoe EIT Income Fund Announces February 2021 Distribution

CALGARY, Alberta, Feb. 04, 2021 (GLOBE NEWSWIRE) — Canoe EIT Income Fund (the “Fund”) (TSX – EIT.UN) announces the February 2021 distribution of $0.10 per unit. The distribution will be paid on March 15, 2021 to unitholders of record on February 22, 2021. The ex-distribution date for this distribution is February 19, 2021.About Canoe EIT Income FundCanoe EIT Income Fund is one of Canada’s largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high quality securities. The Fund is listed on the TSX under the symbols EIT.UN, EIT.PR.A and EIT.PR.B, and is actively managed by Robert Taylor, Senior Vice President and Portfolio Manager, Canoe Financial.About Canoe FinancialCanoe Financial is one of Canada’s fastest growing independent...

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Goosehead Insurance Strengthens Senior Management Team With New Additions and Promotions

WESTLAKE, Texas, Feb. 04, 2021 (GLOBE NEWSWIRE) — Goosehead Insurance, Inc. (“Goosehead” or the “Company”) (NASDAQ: GSHD), a rapidly growing independent personal lines insurance agency, announces today new management additions and Managing Director promotions, investing in management depth and recognizing the strength and contributions of existing leadership to support future growth.Ann Challis has joined its team as Chief Marketing Officer. As CMO, Ann will develop an enterprise-wide marketing function with responsibilities to include all brand strategy, sales channel enablement and the launch of a digital engagement platform. Ms. Challis joins Goosehead with 25 years in financial services marketing and extensive expertise in digital growth and performance marketing. She previously led marketing as a Senior Vice President at Elevate...

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Battalion Oil Corporation Provides Financial Update

HOUSTON, TEXAS, Feb. 04, 2021 (GLOBE NEWSWIRE) — Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) is pleased to provide an update on its financial position. In December, the Company completed the previously disclosed sale of certain of its Northern West Quito Assets to Point Energy Partners Operating, LLC for cash proceeds of $26.3 million, subject to customary post-closing adjustments. The divested Northern West Quito Assets accounted for less than 5% of the Company’s average daily net oil production during the quarter ended September 30, 2020. As of December 31, 2020, the Company had $31.6 million of liquidity consisting of $27.3 million available under its revolving line of credit and $4.3 million of cash on hand.Richard Little, the Company’s Chief Executive Officer, commented “The Northern West Quito...

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National Fuel Reports First Quarter Earnings

WILLIAMSVILLE, N.Y., Feb. 04, 2021 (GLOBE NEWSWIRE) — National Fuel Gas Company (“National Fuel” or the “Company”) (NYSE:NFG) today announced consolidated results for the first quarter of its 2021 fiscal year.FISCAL 2021 FIRST QUARTER SUMMARYGAAP net income of $77.8 million, or $0.85 per share, which includes a $55.2 million non-cash, after-tax impairment of oil and gas properties, and a $37.0 million after-tax gain on the sale of the Company’s timber properties, compared to GAAP net income of $86.6 million, or $1.00 per share, in the prior year.Adjusted operating results of $97.0 million, or $1.06 per share, compared to $87.4 million, or $1.01 per share, in the prior year (see non-GAAP reconciliation on page 2).Adjusted EBITDA of $251.7 million, compared to $222.9 million in the prior year (see non-GAAP reconciliation on...

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Interpace Biosciences Announces CFO Leadership Transition

PARSIPPANY, NJ, Feb. 04, 2021 (GLOBE NEWSWIRE) — Interpace Biosciences, Inc. (NASDAQ: IDXG) (“Interpace”) a leader in enabling personalized medicine, announced today that its Board of Directors has appointed Tom Freeburg, Chief Accounting Officer, as Interpace’s Chief Financial Officer (“CFO”). Mr. Freeburg succeeds Fred Knechtel effective February 1, 2021.Mr. Freeburg has been with Interpace since 2017 and brings over 20 years of financial and executive experience to his new role. As Chief Accounting Officer, he has led the company’s Financial Reporting, Treasury, Financial Planning and Analysis (FP&A), Risk Management & Insurance and Corporate Development functions. Prior to Interpace, Tom served in senior finance roles at several other companies, where his responsibilities included Financial Reporting, Capital...

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