SWM Announces Fourth Quarter and Full Year 2020 Results Full Year Sales and Cash Flow Growth Despite COVID-19 Challenges

Written by Customer Service on February 18, 2021. Posted in Earnings Releases And Operating Results.

ALPHARETTA, Ga., Feb. 18, 2021 (GLOBE NEWSWIRE) — Schweitzer-Mauduit International, Inc. (“SWM” or the “Company”) (NYSE: SWM) reported earnings results for the three months and year ended December 31, 2020.Adjusted measures are reconciled to GAAP at the end of this release. Financial and operating comparisons are versus the prior year period and are from continuing operations. Figures may not sum to total due to rounding. Definitions: Advanced Materials & Structures (AMS), Engineered Papers (EP), “organic” – excluding acquisition benefit, “Tekra” – Tekra and Trient acquisition that closed in March 2020Full Year 2020 Financial Results SummaryExcellent performance in EP segment, resilience in AMS with key markets demonstrating strong growth in fourth quarter, finished...

Gaming and Leisure Properties, Inc. Reports Fourth Quarter 2020 Results

Written by Customer Service on February 18, 2021. Posted in Earnings Releases And Operating Results.

WYOMISSING, Pa., Feb. 18, 2021 (GLOBE NEWSWIRE) — Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI” or the “Company”) today announced financial results for the quarter ended December 31, 2020.Peter Carlino, Chairman and Chief Executive Officer of GLPI, commented, “We ended 2020 with strong fourth quarter results and 2021 started with growing momentum, highlighting our proactive measures to creatively collaborate with our tenants throughout the year while further positioning GLPI as the REIT of choice for leading U.S. gaming operators. Reflecting the innovation of our team and the strong support and partnerships we’ve established with tenants, we collected all rents that were due in 2020.“During the fourth quarter, we continued to successfully and aggressively execute on our long-term strategy to thoughtfully...

Quanex Building Products Announces First Quarter 2021 Earnings Release and Conference Call Schedule

Written by Customer Service on February 18, 2021. Posted in Public Companies.

HOUSTON, TEXAS, Feb. 18, 2021 (GLOBE NEWSWIRE) — Quanex Building Products Corporation (NYSE: NX) (“Quanex” or the “Company”) today announced plans to release its first quarter 2021 results on Thursday, March 4, 2021 after trading closes on the New York Stock Exchange.The Company has also scheduled a conference call for Friday, March 5, 2021 at 11:00 a.m. ET (10:00 a.m. CT) to discuss the release. Investors may participate in the conference call via telephone by dialing (877) 388-2139 for domestic callers or (541) 797-2983 for international callers, in both cases using conference passcode 9481425, and asking for the Quanex call a few minutes prior to the start time.A link to the live audio webcast will also be available on the Company’s website at http://www.quanex.com in the Investors section under Presentations & Events.A...

Casa Systems Reports Fourth Quarter 2020 and Full Year 2020 Financial Results

Written by Customer Service on February 18, 2021. Posted in Earnings Releases And Operating Results.

Full Year Results Exceed Prior Revised Guidance RangeRecord Full Year and Q4 Revenue and Gross ProfitRecord FY and Q4 Wireless Revenue2021 Guidance Reflecting Double-Digit Top-Line and EBITDA GrowthANDOVER, Mass., Feb. 18, 2021 (GLOBE NEWSWIRE) — Casa Systems, Inc. (Nasdaq: CASA), a leading provider of physical and cloud-native infrastructure technology solutions for mobile, cable and fixed networks, today announced its financial results for its fourth quarter and year ended December 31, 2020.Fourth Quarter 2020 Financial & Operational HighlightsRevenue of $120.5 millionGross margin of 51.6%GAAP net income of $23.2 millionNon-GAAP net income of $22.9 millionGAAP net income per fully diluted share of $0.27Non-GAAP net income per fully diluted share of $0.27Adjusted EBITDA of $25.3 million2020 Financial HighlightsRevenue of $393.2...

Oportun Reports Fourth Quarter 2020 Results

Written by Customer Service on February 18, 2021. Posted in Earnings Releases And Operating Results.

Net Income of $8.5 million or $0.29 per diluted shareAdjusted Net Income of $17.5 million or $0.60 per diluted shareSAN CARLOS, Calif., Feb. 18, 2021 (GLOBE NEWSWIRE) — Oportun Financial Corporation (Nasdaq: OPRT) (“Oportun” and the “Company”) today reported financial results for the fourth quarter and full year ended December 31, 2020.“Oportun capped off a challenging 2020 with solid fourth quarter results and momentum heading into 2021,” said Raul Vazquez, CEO of Oportun. “The fundamentals of our business remain strong, and we have identified areas to substantially expand our opportunities for future growth and greater operating efficiency. Our focused commitment to enhancing our digital capabilities enables us to drive more capital-efficient growth, which I am confident will generate greater value for our customers...

Appian Announces Fourth Quarter and Full Year 2020 Financial Results

Written by Customer Service on February 18, 2021. Posted in Earnings Releases And Operating Results.

Fourth quarter cloud subscription revenue increased 40% year-over-year to $36.9 millionFull year cloud subscription revenue increased 36% year-over-year to $129.2 millionMCLEAN, Va., Feb. 18, 2021 (GLOBE NEWSWIRE) — Appian (Nasdaq: APPN) today announced financial results for the fourth quarter and full year ended December 31, 2020.“For the full year, we exceeded our guidance and grew cloud subscription revenue by 36% to $129.2 million. Low-code emerged in 2020 as a successful way for organizations to remain nimble in the face of change. Appian is leading this market because our low-code platform is more than 10x faster, our partner ecosystem is growing, and our customers are happy,” said Matt Calkins, CEO & Founder.Fourth Quarter 2020 Financial Highlights:Revenue: Cloud subscription revenue was $36.9 million for the fourth...

Kinsale Capital Group, Inc. Reports 2020 Fourth Quarter and Year-End Results

Written by Customer Service on February 18, 2021. Posted in Earnings Releases And Operating Results.

RICHMOND, Va., Feb. 18, 2021 (GLOBE NEWSWIRE) — Kinsale Capital Group, Inc. (Nasdaq: KNSL) reported net income of $38.2 million, $1.65 per diluted share, for the fourth quarter of 2020 compared to $17.9 million, $0.79 per diluted share, for the fourth quarter of 2019. Net income was $88.4 million, $3.87 per diluted share, for the year ended December 31, 2020 compared to $63.3 million, $2.86 per diluted share, for the year ended December 31, 2019. For the fourth quarter and year ended December 31, 2020, net income included after-tax catastrophe losses of $4.8 million and $18.3 million, respectively. For the fourth quarter and year ended December 31, 2019, net income included after-tax catastrophe losses of $1.2 million and $2.4 million, respectively.Net operating earnings(1) were $26.3 million, $1.14 per diluted share, for the fourth...

IBEX Limited Announces Second Quarter Fiscal Year 2021 Financial Results

Written by Customer Service on February 18, 2021. Posted in Earnings Releases And Operating Results.

Second Quarter Fiscal Year 2021Record revenue of $117.2 million, representing an increase of 8.7% year-over-yearNet income was $2.5 million (non-GAAP adjusted net income of $6.2 million)Adjusted EBITDA increased 18.7% to $17.6 million, achieved record adjusted EBITDA margin of 15.0%Company raises fiscal year 2021 guidanceWASHINGTON, Feb. 18, 2021 (GLOBE NEWSWIRE) — IBEX Limited (“ibex”), a leading global provider of outsourced CX solutions, today announced financial results for three and six months ended December 31, 2020.“In May 2015, when I joined ibex as CEO, I set out on a vision to be a growth leader, a leader in the nearshore markets and to push to and above 15% adjusted EBITDA,” said Bob Dechant, Chief Executive Officer of ibex. “I am proud to report that we are achieving each of these goals and delivered a record second...

Conduent Announces Strong Fourth Quarter and Full Year 2020 Financial Results

Written by Customer Service on February 18, 2021. Posted in Earnings Releases And Operating Results.

Key HighlightsRevenue and Adjusted EBITDA margin at top-end of initial 2020 outlook, despite COVID headwinds.Adjusted EBITDA margin improved year-over-year driven by business mix and efficient execution.Adjusted Free Cash Flow conversion above top-end of initial guidance.Strong New Business and revenue retention activity:FY 2020 Total Contract Value (TCV) new business signings of $1,934M, an increase of 94% vs FY 2019.FY 2020 Annual Recurring Revenue (ARR) signings of $353M, an increase of 26% vs FY 2019.FLORHAM PARK, N.J., Feb. 18, 2021 (GLOBE NEWSWIRE) — Conduent (NASDAQ: CNDT), a business process services and solutions company, today announced its fourth quarter and full year 2020 financial results.Cliff Skelton, Conduent CEO, stated “Despite a challenging macro environment, the team delivered on our financial commitments, met...

Casella Waste Systems, Inc. Announces Fourth Quarter and Fiscal Year 2020 Results; and Provides Fiscal Year 2021 Guidance

Written by Customer Service on February 18, 2021. Posted in Earnings Releases And Operating Results.

RUTLAND, Vt., Feb. 18, 2021 (GLOBE NEWSWIRE) — Casella Waste Systems, Inc. (NASDAQ: CWST), a regional solid waste, recycling and resource management services company, today reported its financial results for the three and twelve month periods ended December 31, 2020. The Company also provided guidance for the fiscal year ending December 31, 2021 (“fiscal year 2021”).Highlights for the Three and Twelve Months Ended December 31, 2020: Revenues were $200.2 million for the quarter, up $6.6 million, or up 3.4%, from the same period in 2019. Revenues were $774.6 million for the twelve months ended December 31, 2020 (“fiscal year 2020”), up $31.3 million, or up 4.2%, from the fiscal year ended December 31, 2019 (“fiscal year 2019”).Overall solid waste pricing for the quarter was up 3.9%, driven by robust...

Day: February 18, 2021

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