Month: February 2021

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...

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...

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...

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...

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...

Business HighlightsTotal full year 2020 revenues of $88.0 million, up 3% year-over-yearAnalytics revenue grew by 15% for full year 2020 year-over-yearAnalytics accounted for 65% of total 2020 full year revenuesGAAP Gross Margin of 58% for full year 2020Non-GAAP Gross Margin of 63% for full year 2020Operating activities generated $21.8 million in cash during the full year 2020Cash, cash equivalents and short-term investments of $145.3 million at the end of 2020Strategic partnership with Advantest Corporation during the third quarter of 2020, including issuance of $65.2 million in our common stock and a five-year Exensio cloud-based subscription agreement for a minimum of $50.0 millionCompleted acquisition of Cimetrix Incorporated, a leading global provider of equipment connectivity products for smart manufacturing, during the fourth quarter...

MARKHAM, Ontario, Feb. 18, 2021 (GLOBE NEWSWIRE) — Sienna Senior Living Inc. (“Sienna” or the “Company”) (TSX: SIA) today provided an update on its operations and announced its financial results for the three months and year ended December 31, 2020. The Consolidated Financial Statements and accompanying Management’s Discussion and Analysis (“MD&A”) are available on the Company’s website at www.siennaliving.ca and on SEDAR at www.sedar.com.“With many of our residents and team members now vaccinated, we have new protection and renewed hope amid the evolving challenges of the pandemic,” said Nitin Jain, President and Chief Executive Officer of Sienna. “As we look beyond the pandemic, our development plans are progressing and our focus remains steadfast on the important role we play in the lives of our 13,000 team members and 10,000...