Month: February 2021

Surrey Bancorp Reports 2020 Earnings of $4,578,161

Written by Customer Service on February 24, 2021. Posted in Public Companies.

MOUNT AIRY, N.C., Feb. 24, 2021 (GLOBE NEWSWIRE) — Surrey Bancorp (the “Company”, Pink Sheets: SRYB), the holding company for Surrey Bank & Trust, today reported earnings for the fourth quarter of 2020 and the full year.For the quarter ended December 31, 2020, net income totaled $1,498,414 or $0.36 per fully diluted share, compared with $1,129,170 or $0.27 per fully diluted common share earned during the fourth quarter of 2019.The increase in earnings results from an increase in net interest income.Net interest income increased by 13.0 percent from $3,219,853 in the fourth quarter of 2019 to $3,638,909 for the same period in 2020 even though net interest income yields declined. The increase is due to the recognition of loan origination fees from the Small Business Administration’s Paycheck Protection Program (“PPP”). PPP origination...

Global Automotive Airbags Market Size to Hit USD 22.53 Billion with 8.2% CAGR by 2025; Rising Global Concerns for the Safety of Drivers and Pedestrians to Surge Demand: Fortune Business Insights™

Written by Customer Service on February 24, 2021. Posted in Mergers And Acquisitions.

Pune, India, Feb. 24, 2021 (GLOBE NEWSWIRE) — According to the report, Automotive Airbags market size is projected to reach USD 22.53 billion value by 2026, exhibiting a CAGR of 8.2%. The Automotive Airbags Industry was valued at USD 12.54 billion in 2018. The market is expected to gain momentum from a rise in the implementation of strict safety rules and regulations for pedestrians and drivers. Additionally, governments of various countries are enforcing OEMs to install airbags in commercial vehicles as well as passenger cars to double the safety features. The increasing number of road accidents is further leading to severe fatalities in the human body. It is resulting in a rise in the number of awareness programs regarding safety amongst the consumers. It would propel the automotive airbags market growth during the...

Event Management Software Market to be Worth USD 16.11 Billion by 2026 at 11.8% CAGR; Rising Investments in Organizing Corporate Programs to Boost Growth: Fortune Business Insights™

Written by Customer Service on February 24, 2021. Posted in Mergers And Acquisitions.

Pune, India, Feb. 24, 2021 (GLOBE NEWSWIRE) — The global EMS market is likely to gain impetus from the ever-increasing adoption of cloud technology by reputed companies. This technology aids the end users in storing large amount of files and data and accessing them from any part of the world that is internet-enabled. The event management software market size stood at USD 6.63 billion in 2018 and is projected to reach USD 16.11 billion by 2026, exhibiting a CAGR of 11.8% during the forecast period.Fortune Business Insights™ provided this information in a recent report, titled, “Event Management Software Market Size, Share & Industry Analysis, By Component (Software, Services), By Deployment (Cloud, On-Premises), By Enterprise Size (SMEs, Large Enterprises), By End-User (Government, Corporate, Event Planners, Education, and Others),...

Vericel Reports Fourth Quarter and Full-Year 2020 Financial Results and Provides Full-Year 2021 Financial Guidance

Written by Customer Service on February 24, 2021. Posted in Earnings Releases And Operating Results.

Record Fourth Quarter Total Revenue, Gross Margin, Net Income and Operating Cash FlowFull-Year 2021 Total Revenue Expected to Grow 30%-32% to Approximately $161 to $164 MillionConference Call Today at 8:30am Eastern TimeCAMBRIDGE, Mass., Feb. 24, 2021 (GLOBE NEWSWIRE) — Vericel Corporation (NASDAQ:VCEL), a leader in advanced therapies for the sports medicine and severe burn care markets, today reported financial results and business highlights for the fourth quarter and year ended December 31, 2020, and provided full-year 2021 financial guidance.Fourth Quarter 2020 Financial HighlightsTotal net revenue increased 15% to $45.2 million, compared to $39.4 million in the fourth quarter of 2019MACI® net revenue of $34.7 million, Epicel® net revenue of $9.6 million and NexoBrid® revenue of $1.0 million related to the U.S. Biomedical Advanced...

Mobivity Appoints Hypergrowth SaaS Veteran Al West as Chief Revenue Officer

Written by Customer Service on February 24, 2021. Posted in Public Companies.

PHOENIX, Feb. 24, 2021 (GLOBE NEWSWIRE) — Mobivity Holdings Corp. (OTCQB: MFON) a global provider of personalized customer engagement solutions that drive customer frequency and spend, and facilitate digital transformation, announced that Al West has joined Mobivity as Chief Revenue Officer to focus on expanding Mobivity’s revenue operations and accelerate growth.Mr. West brings more than two decades of experience building, scaling and leading revenue organizations including new sales and growth through existing account management teams. Most notably he served as the Senior Vice President of Global Sales at Apttus where he built and led a team from startup to more than $220 million in annual recurring revenues. Apttus was ultimately acquired by Thoma Bravo. He previously held senior sales and management positions at I-many, Emptoris,...

Mission Produce to Release First Quarter 2021 Financial Results on Wednesday, March 10, 2021

Written by Customer Service on February 24, 2021. Posted in Public Companies.

OXNARD, Calif., Feb. 24, 2021 (GLOBE NEWSWIRE) — Mission Produce, Inc. (Nasdaq: AVO) (“Mission” or the “Company”), the world leader in sourcing, producing, and distributing fresh avocados, today announced it will release its financial results for the fiscal first quarter ended January 31, 2021 after the market closes on Wednesday, March 10, 2021. The Company will host a conference call and webcast to discuss its financial results at 5:00 PM Eastern Time on the same day.Conference Call DetailsThe conference call can be accessed live over the phone by dialing (877) 407-9039 or for international callers by dialing (201) 689-8470. A replay of the call will be available through March 24, 2021 by dialing (844) 512-2921 or for international callers by dialing (412) 317-6671; the passcode is 13716274.The live audio webcast of the conference...

Great Elm Capital Corp. Announces Record and Payment Dates For First Quarter 2021 Quarterly Cash Distribution of $0.10 Per Share

Written by Customer Service on February 24, 2021. Posted in Public Companies.

WALTHAM, Mass., Feb. 24, 2021 (GLOBE NEWSWIRE) — Great Elm Capital Corp. (“we,” “us,” “our,” or “GECC,”) (NASDAQ: GECC), a business development company (BDC), today announced that the previously announced first quarter 2021 quarterly cash distribution of $0.10 per share is payable on March 31, 2021 to stockholders of record as of March 15, 2021. About Great Elm Capital Corp.Great Elm Capital Corp. is an externally managed, specialty finance company focused on investing in debt instruments of middle market companies. GECC elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. GECC seeks to generate attractive, risk-adjusted returns through both current income and capital appreciation.Cautionary Statement Regarding Forward-Looking StatementsStatements in this communication...

AgroFresh Announces Launch of Plant-Based Coatings Under VitaFresh™ Botanicals Brand: For Fresh Produce Protection, Shelf LIfe Extension and Food Loss/Waste Reduction

Written by Customer Service on February 24, 2021. Posted in Public Companies.

PHILADELPHIA, Feb. 24, 2021 (GLOBE NEWSWIRE) — AgroFresh Solutions, Inc., a global leader in produce freshness solutions, today announced the launch of plant-based, edible coatings for produce freshness under the VitaFresh™ Botanicals brand. This launch represents another step forward in AgroFresh’s decades-long commitment to providing the most innovative solutions to extend produce shelf life, reduce food loss/food waste and deliver superior eating experiences to consumers.VitaFresh Botanicals is a proprietary, plant-based portfolio of solutions for a wide variety of crops from citrus to avocados to mangos. For coatings, the products utilize “anti-thirst” technology to boost the skin’s natural protection, creating a “double skin” membrane that reduces dehydration, maintains weight and locks in produce freshness throughout the supply...

Clubhouse Media Group Expands into Vegas Market with Launch of “Society Las Vegas” 10K Sq. Ft. Las Vegas Content Mansion

Written by Customer Service on February 24, 2021. Posted in Public Companies.

LOS ANGELES, Feb. 24, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Clubhouse Media Group, Inc. (OTCMKTS:CMGR) (“Clubhouse Media” or the “Company”), an influencer-based marketing and media firm with a vast aggregate global social media reach, is excited to announce the official launch of its newest major content house, “Society Las Vegas,” a luxurious 10,000-square-foot mansion optimally located in central Las Vegas.“Society Las Vegas is destined for greatness,” commented Chris Young, Co-Founder of Clubhouse Media Group. “The mansion is stunning and sits right in the heart of Vegas. We already have talented influencers in the house gaining rapid traction, and we are actively working to dramatically expand that traction through collaborative activity with heavily followed top influencers at other Clubhouse locations as well as the...

89bio to Present at the 42nd Annual Raymond James Institutional Investors Conference

Written by Customer Service on February 24, 2021. Posted in Public Companies.

SAN FRANCISCO, Feb. 24, 2021 (GLOBE NEWSWIRE) — 89bio, Inc. (Nasdaq: ETNB), a clinical-stage biopharmaceutical company focused on the development and commercialization of innovative therapies for the treatment of liver and cardio-metabolic diseases, today announced that Company’s Management will provide a corporate update and participate in one-on-one investor meetings at the Raymond James 42nd Annual Institutional Investors Conference on Wednesday, March 3, 2021 at 12:30 PM ET.The presentation will be available through the Raymond James conference portal and an archived webcast will also be accessible in the investor section of 89bio’s website.About 89bio89bio is a clinical-stage biopharmaceutical company focused on the development and commercialization of innovative therapies for the treatment of liver and cardio-metabolic diseases....

Month: February 2021

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