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Day: February 9, 2021

Prospect Capital Releases December 2020 Quarterly Results, Announces Net Investment Income of $0.21 per Common Share, Reports 7% Increase in Net Asset Value per Common Share, and Declares Stable Monthly Cash Common and Preferred Share Distributions

NEW YORK, Feb. 09, 2021 (GLOBE NEWSWIRE) — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter ended December 31, 2020.FINANCIAL RESULTS(1)   Including our Preferred Stock as equity.CASH COMMON SHAREHOLDER DISTRIBUTION DECLARATIONProspect is declaring distributions to common shareholders as follows:These monthly cash distributions represent the 42nd, 43rd, and 44th consecutive $0.06 per share distributions to common shareholders.Prospect expects to declare May, June, July, and August 2021 distributions to common shareholders in May 2021.Based on the declarations above, Prospect’s closing stock price of $6.72 at February 8, 2021 delivers to our common shareholders an annualized distribution yield of 10.7%.Taking into account past distributions and our current...

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Oncorus Announces Proposed Public Offering of Common Stock

CAMBRIDGE, Mass., Feb. 09, 2021 (GLOBE NEWSWIRE) — Oncorus, Inc. (Nasdaq: ONCR), a clinical stage biopharmaceutical company developing next-generation, systemically active viral immunotherapies to transform outcomes for cancer patients, today announced it has commenced an underwritten public offering of 3,000,000 shares of its common stock. All shares of common stock to be sold in the offering will be sold by Oncorus. In addition, Oncorus intends to grant the underwriters a 30-day option to purchase up to an additional 450,000 shares of common stock at the public offering price, less underwriting discounts and commissions. The public offering price has not yet been determined. The offering is subject to market and other conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual...

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RGC Resources, Inc. Reports First Quarter Earnings

ROANOKE, Va., Feb. 09, 2021 (GLOBE NEWSWIRE) — RGC Resources, Inc. (NASDAQ: RGCO) announced consolidated Company earnings of $4,723,263 or $0.58 per diluted share for the quarter ended December 31, 2020. This compares to consolidated earnings of $4,006,936 or $0.49 per diluted share for the quarter ended December 31, 2019. CEO Paul Nester stated, “We experienced solid earnings growth from improved utility margins associated with infrastructure replacement programs and customer growth as well as lower operating expenses.”Earnings for the twelve months ending December 31, 2020 were $11,280,861 or $1.38 per diluted share compared to $10,271,186 or $1.27 per diluted share for the twelve months ended December 31, 2019. Nester attributed the increase in trailing twelve-month net income to improved utility margins associated with infrastructure...

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National Research Corporation Announces Fourth Quarter and Year-to-Date 2020 Results

LINCOLN, Neb., Feb. 09, 2021 (GLOBE NEWSWIRE) — National Research Corporation (NASDAQ:NRC) (the “Company,” “we,” or “our”) today announced 2020 fourth quarter and year-end results.Fourth quarter 2020 compared to the fourth quarter 2019:Net New Sales decreased to $4.6 millionRevenue increased 7% to $34.8 millionOperating Income decreased 15% to $10.2 millionNet Income decreased 6% to $8.2 million2020 calendar year results compared to 2019:Net New Sales increased to $28.1 millionTotal Recurring Contract Value increased 6% to $145.1 millionVoice of the Customer platform recurring contract value grew to $116.4 million, a 19% increaseRevenue increased 4% to $133.3 millionNet Income increased 15% to $37.3 millionWe continue to be inspired by the courageous efforts of our clients to provide care to their patients during the pandemic and...

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Revive Therapeutics Receives Receipt for Final Short-Form Prospectus for Previously Announced $20 Million Bought Deal Public Offering

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATESTORONTO, Feb. 09, 2021 (GLOBE NEWSWIRE) — Revive Therapeutics Ltd. (“Revive” or the “Company”) (CSE:RVV) (USA: RVVTF), a specialty life sciences company focused on the research and development of therapeutics for medical needs and rare disorders, is pleased to announce that, further to its press releases dated January 20, 2021 and January 21, 2021, the Company has received a receipt for its final short form prospectus filed with the securities commissions in each of the provinces of Canada, other than Québec, in connection with its previously announced bought deal offering (the “Offering“) for aggregate gross proceeds of $20,000,000 through a syndicate of underwriters led by with Canaccord Genuity Corp. and Leede Jones Gable Inc. as the...

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CloudMD Closes Acquisition of West Mississauga Medical Clinic with 8 Family Doctors, 4 Specialists Serving Over 100,000 Patients

VANCOUVER, British Columbia, Feb. 09, 2021 (GLOBE NEWSWIRE) — CloudMD Software & Services Inc. (TSXV: DOC, OTCQB: DOCRF, Frankfurt: 6PH) (the “Company” or “CloudMD”), a telemedicine company revolutionizing the delivery of healthcare to patients, is pleased to announce that it has closed the previously announced acquisition to acquire a majority interest (51%) in West Mississauga Medical Ltd. (“West Mississauga Medical”), a comprehensive family medicine and specialist medical clinic with 8 family doctors and 4 specialists serving over 100,000 patients.West Mississauga Medical is a well-established medical clinic located on the border of Brampton, Mississauga and Milton in a high growth area. The clinic has served the community for over 16 years and remained open throughout the COVID-19 pandemic seeing patients via telemedicine...

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Varonis Systems, Inc. Announces Proposed Follow-on Offering of Common Stock

NEW YORK, Feb. 09, 2021 (GLOBE NEWSWIRE) — Varonis Systems, Inc. (Nasdaq: VRNS) (“Varonis”) today announced the launch of an underwritten public offering of $400.0 million of shares of its common stock. Varonis expects to grant the underwriters of the offering a 30-day option to purchase up to $60.0 million of additional shares of common stock. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.Varonis intends to use the net proceeds from this offering for general corporate purposes, including working capital and capital expenditures, and for potential acquisitions, including complementary businesses, technologies or assets.J.P. Morgan Securities LLC, Barclays Capital Inc., Jefferies LLC and RBC Capital...

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Profound Medical to Release Fourth Quarter and Full Year 2020 Financial Results on March 2 – Conference Call to Follow

TORONTO, Feb. 09, 2021 (GLOBE NEWSWIRE) — Profound Medical Corp. (NASDAQ:PROF; TSX:PRN) (“Profound”), a commercial-stage medical device company that develops and markets customizable, incision-free therapies for the ablation of diseased tissue, will announce its fourth quarter and full year 2020 financial results after market close on Tuesday, March 2, 2021.Profound management will host a conference call at 4:30 p.m. ET to review the financial results and discuss business developments in the period.The call will also be broadcast live and archived on the Company’s website at www.profoundmedical.com under “Webcasts” in the Investors section.About Profound Medical Corp.Profound is a commercial-stage medical device company that develops and markets customizable, incision-free therapies for the ablation of diseased...

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MicroStar Acquires Kegstar Creating the Leading Global Keg Solutions Provider

DENVER, Feb. 09, 2021 (GLOBE NEWSWIRE) — MicroStar Logistics today announces that it has acquired Kegstar, an international provider of cost-effective outsourced keg solutions with operations across Australia, the UK, Europe and the USA. This combination creates a global growth platform and expanded capabilities to service brewers of all sizes from regional craft customers to large, global brewers.  “We have watched Kegstar closely and admired the way they have helped their customers grow by simplifying brewers’ keg supply chains,” said MicroStar’s President and CEO, Michael Hranicka. “Our cultures, geographies and capabilities are highly complementary allowing us to add strength to strength and open up significant growth opportunities in existing and future markets.” “MicroStar pioneered the pooled keg model and the way they’ve...

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FEMSA Schedules Conference Call to Discuss Fourth Quarter and Full Year 2020 Financial Results

MONTERREY, Mexico, Feb. 09, 2021 (GLOBE NEWSWIRE) — Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) is pleased to invite you to participate in its Fourth Quarter and Full Year 2020 Conference Call that will be held on:Monday, March 1, 202110:00 AM Eastern Time(9:00 AM Mexico City Time)The call will be hosted by:Francisco Camacho, Chief Corporate OfficerEugenio Garza y Garza, Director of Finance and Corporate DevelopmentJuan Fonseca, Director of Investor RelationsThe quarterly results will be released on March 1 before markets open.To participate in the conference call please dial:Toll Free US: (888) 394 8218International: +1 (323) 701 0225Conference ID: 2139686The conference call will be webcast live through streaming audio. For details please visit http://ir.femsa.comIf you are unable to participate...

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