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Day: February 23, 2021

Plexus Fireside Chat at Raymond James Virtual Institutional Investors Conference

NEENAH, WI, Feb. 23, 2021 (GLOBE NEWSWIRE) — Plexus (NASDAQ: PLXS) announced today it will attend the 42nd Annual Raymond James Institutional Investors Conference from March 1 – March 2, 2020. During the conference on March 1, Raymond James will host a fireside chat with Plexus’ management team via webcast at 3:50pm Eastern Time.Investor and Media ContactShawn Harrison+1.920.969.6325shawn.harrison@plexus.comAbout Plexus Corp. – The Product Realization CompanySince 1979, Plexus has been partnering with companies to create the products that build a better world. We are a team of approximately 19,000 individuals who are dedicated to providing global Design and Development, Supply Chain Solutions, New Product Introduction, Manufacturing, and Aftermarket Services. Plexus is a global leader that specializes in serving customers in industries...

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Gaming and Leisure Properties, Inc. Declares First Quarter 2021 Cash Dividend of $0.65 Per Share

WYOMISSING, Pa., Feb. 23, 2021 (GLOBE NEWSWIRE) — Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”) announced today that at its meeting yesterday, the Company’s Board of Directors declared the first quarter 2021 cash dividend of $0.65 per share of its common stock (this dividend payment reflects the impact of the common stock issuance of 9.2 million shares during the fourth quarter 2020 and 8.0 million shares related to stock dividend payments during 2020). The dividend is payable on March 23, 2021 to shareholders of record on March 9, 2021.While the Company intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends will be reviewed quarterly and declared by the Board of Directors at its discretion.About Gaming and Leisure PropertiesGLPI is engaged in the business of acquiring,...

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Retail Opportunity Investments Corp. Reports 2020 Results

SAN DIEGO, Feb. 23, 2021 (GLOBE NEWSWIRE) — Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the year and three months ended December 31, 2020.YEAR 2020 HIGHLIGHTS$32.0mm of net income attributable to common stockholders ($0.27 per diluted share)$132.5 million in Funds From Operations (FFO)(1)($1.05 per diluted share)90.6% of total billed base rent during pandemic has been paid to date (2Q‘20 – 4Q‘20)96.8% portfolio lease rate at year-end (8th consecutive year above 96%)1.2mm sq. ft. of leases executed (10th consecutive year of leasing ~ 2x original expirations)12.5% increase in same-space cash rents on new leases (7.9% increase on renewals)4.6% decrease in same-center cash net operating income (2020 vs. 2019)96.5% of total debt effectively fixed-rate at year-end (no debt...

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ABM Industries to Announce First Quarter 2021 Financial Results

NEW YORK, Feb. 23, 2021 (GLOBE NEWSWIRE) — ABM (NYSE: ABM), a leading provider of facility solutions, announced today that it will release its earnings results for the Company’s fiscal first quarter 2021 on Tuesday, March 9, 2021, after market close.ABM will host its quarterly conference call for all interested parties on Wednesday, March 10, 2021, at 8:30 AM (ET). The live conference call can be accessed via audio webcast at the ‘Investors’ section of the Company’s website, located at www.abm.com, or by dialing (877) 451-6152 approximately 15 minutes prior to the scheduled time.A supplemental presentation will accompany the webcast on the Company’s website.A replay will be available approximately two hours after the recording through March 24, 2021, and can be accessed by dialing (844) 512-2921 and then entering ID # 13716798....

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Hersha Hospitality Trust Announces Full Year and Fourth Quarter 2020 Results

– Fourth-Quarter 2020 COVID-19 Impact Loss of $1.16 Per Share –– Successfully Amends Senior Credit Facility –– Covenant Waivers Extended Through March 31, 2022 –– Closed $200 Million Unsecured Notes Placement –– Binding Sales Agreements on Six Hotels Totaling $216 Million –– Company Realized Positive Portfolio Level EBITDA in January –PHILADELPHIA, Feb. 23, 2021 (GLOBE NEWSWIRE) — Hersha Hospitality Trust (NYSE: HT) (“Hersha,” “Company,” “we” or “our”), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced results for the full year and fourth quarter ended December 31, 2020.Fourth Quarter 2020 Financial ResultsNet loss applicable to common shareholders was approximately ($190.5 million), or ($4.93) per diluted...

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Home Point Capital to Announce Fourth Quarter and Full Year 2020 Financial Results on March 11, 2021

ANN ARBOR, Mich., Feb. 23, 2021 (GLOBE NEWSWIRE) — Home Point Capital Inc. (NASDAQ: HMPT) (together with its subsidiaries, “Home Point Capital” or the “Company”), the parent entity of Home Point Financial Corporation (“Homepoint”), announced today that it will release its financial results for the fourth quarter and fiscal year ended December 31, 2020 before the market opens on March 11, 2021. The Company will host a conference call and live webcast to review the Company’s financial results on the same day at 8:30 a.m. ET.The conference call may be accessed by dialing (877) 423-9813 (toll-free) or (201) 689-8573 (international), using the passcode 13716990. The number should be dialed at least ten minutes prior to the start of the call. A simultaneous webcast will also be available and can be accessed through the Investor Relations...

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Ortho Clinical Diagnostics Names Evelyn Dilsaver to Board of Directors

RARITAN, N.J., Feb. 23, 2021 (GLOBE NEWSWIRE) — Ortho Clinical Diagnostics (Nasdaq: OCDX), one of the world’s largest pure-play in vitro diagnostics (IVD) companies dedicated to transforming patient care, today announced that Evelyn Dilsaver, former CEO of Charles Schwab Investment Management, has been appointed as a member of its board of directors and will serve as audit committee chair.Dilsaver served as the president and CEO of Charles Schwab Investment Management, the mutual fund arm of The Charles Schwab Corp. ($3.25 trillion assets under management), from 2004 to 2007, during which time she successfully grew the business from $132 billion to more than $200 billion in assets. She also served in various leadership roles at Schwab for more than 16 years, including controller and chief of staff to the co-CEO. Dilsaver began her...

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Trean Insurance Group to Report Fourth Quarter and Full Year 2020 Results on Wednesday, March 24, 2021

WAYZATA, Minn., Feb. 23, 2021 (GLOBE NEWSWIRE) — Trean Insurance Group, Inc. (Nasdaq: TIG), a leading provider of products and services to the specialty insurance market, announced today that it will release its fourth quarter and full year 2020 results after the market closes on Wednesday, March 24, 2021.A webcast and conference call to discuss the Company’s results will be held that day beginning at 5:00 p.m. (Eastern Time). The audio webcast is accessible through the investor relations section of the Company’s website at https://investors.trean.com.The dial-in number for the conference call is (877) 407-3982 (toll-free) or (201) 493-6780 (international), conference ID# 13715046. Any person interested in listening to the call should dial in or access the website at least 10 minutes before the call.ReplayA webcast replay of the...

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ISC® to Release 2020 Fourth Quarter and Year-End Financial Results on March 16, 2021

REGINA, Saskatchewan, Feb. 23, 2021 (GLOBE NEWSWIRE) — Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) advises that it will release its financial results for the fourth quarter and year-ended December 31, 2020 on Tuesday, March 16, 2021 after market close. ISC’s Consolidated Financial Statements and Notes and Management’s Discussion and Analysis for the fourth quarter and year-ended December 31, 2020 will be available on SEDAR at www.sedar.com and on our website at www.company.isc.ca.The Company will hold an investor conference call on Wednesday, March 17, 2021 at 11:00 a.m. ET to discuss the results. Participants may join the call by dialing toll-free 1-844-419-1765 or 1-216-562-0470 for calls outside North America. It is recommended that participants dial in 5 to 10 minutes prior to the scheduled start time....

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Infinera Corporation Reports Fourth Quarter and Fiscal Year 2020 Financial Results

SAN JOSE, Calif., Feb. 23, 2021 (GLOBE NEWSWIRE) — Infinera Corporation (NASDAQ: INFN) today released financial results for its fourth quarter and fiscal year ended December 26, 2020.GAAP revenue for the quarter was $353.5 million compared to $340.2 million in the third quarter of 2020 and $384.6 million in the fourth quarter of 2019.GAAP gross margin for the quarter was 35.7% compared to 31.8% in the third quarter of 2020 and 29.0% in the fourth quarter of 2019. GAAP operating margin for the quarter was (1.9)% compared to (7.9)% in the third quarter of 2020 and (15.8)% in the fourth quarter of 2019.GAAP net loss for the quarter was $(9.9) million, or $(0.05) per share, compared to $(35.9) million, or $(0.19) per share, in the third quarter of 2020, and $(66.6) million, or $(0.37) per share, in the fourth quarter of 2019.Non-GAAP...

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