Conformis, Inc. Announces Clearance in Australia for iTotal® PS, the Only Personalized, Posterior-Stabilized Total Knee Replacement System

Written by Customer Service on March 1, 2021. Posted in Public Companies.

BILLERICA, Mass., March 01, 2021 (GLOBE NEWSWIRE) — Conformis, Inc. (NASDAQ: CFMS) today announced the clearance of its patient-specific iTotal® PS total knee replacement system by the Therapeutic Goods Administration, which is part of the Australian Department of Health, and which authorizes the marketing of medical devices and other healthcare products in Australia.The iTotal® PS system, which launched in the United States in 2016, is designed to address the shortcomings of traditional, off-the-shelf knee replacements that are manufactured in limited sizes and shapes. iTotal® PS implants are specifically designed to restore the natural shape of each patient’s knee, and to avoid overhang, rotation, and sizing compromises associated with pain after surgery. Primary total knee implants are designed to either retain the patient’s...

The Onex Group Completes Investment in Weld North Education

Written by Customer Service on March 1, 2021. Posted in Public Companies.

All amounts in U.S. dollars unless otherwise stated TORONTO, March 01, 2021 (GLOBE NEWSWIRE) — Onex Corporation (“Onex”) (TSX: ONEX) today announced that Onex Partners V, Onex’ $7.2 billion fund, and certain co-investors, including Onex (the “Onex Group”), have completed a significant investment in Weld North Education (“WNE”), in partnership with the management team and the company’s existing investor, Silver Lake. WNE is the leading K-12 digital curriculum company in the United States.Of the Onex Group’s total investment, Onex Corporation’s share was approximately $275 million through Onex Partners V and a co-investment.About OnexFounded in 1984, Onex manages and invests capital on behalf of its shareholders, institutional investors and high net worth clients from around the world. Onex’ platforms include: Onex Partners,...

Huttig Building Products, Inc. Announces Fourth Quarter and Full Year 2020 Results

Written by Customer Service on March 1, 2021. Posted in Public Companies.

Fourth Quarter 2020 Highlights (as compared to prior year quarter):Net sales of $184.6 million compared to $180.4 millionReduced operating expenses by 17.2% to $36.1 millionOperating income increased to $1.0 million compared to a loss of $8.0 millionTotal liquidity increased to $59.3 million compared to $33.7 million a year agoReduced indebtedness by $42.7 million compared to a year agoAdjusted EBITDA increased to $2.4 million compared to a negative $4.9 millionFull year adjusted EBITDA increased to $20.1 million compared to $5.2 millionST. LOUIS, March 01, 2021 (GLOBE NEWSWIRE) — Huttig Building Products, Inc. (“Huttig” or the “Company”) (NASDAQ: HBP), a leading domestic distributor of millwork, building materials and wood products, today reported financial results for the fourth quarter and year ended December 31, 2020.“The momentum...

Costamare Inc. Announces Availability of Its Annual Report on Form 20-F For the Year Ended December 31, 2020

Written by Customer Service on March 1, 2021. Posted in Public Companies.

MONACO, March 01, 2021 (GLOBE NEWSWIRE) — Costamare Inc. (the “Company” or “our”) (NYSE: CMRE) announced today that its Annual Report on Form 20-F for the fiscal year ended December 31, 2020 (the “Annual Report”) has been filed with the U.S. Securities and Exchange Commission and can be accessed on the Company’s website, www.costamare.com, in the “Investors” section under “Annual Reports”.Stockholders may also request a hard copy of the Annual Report, which includes the Company’s complete 2020 audited financial statements, free of charge, by contacting the Company’s investor relations manager at ir@costamare.com.About Costamare Inc.Costamare Inc. is one of the world’s leading owners and providers of containerships for charter. The Company has over 47 years of history in the international shipping industry and a fleet of 77 containerships,...

Surgery Partners, Inc. Names Patricia A. Maryland, Dr to Board of Directors

Written by Customer Service on March 1, 2021. Posted in Public Companies.

BRENTWOOD, Tenn., March 01, 2021 (GLOBE NEWSWIRE) — Surgery Partners, Inc. (NASDAQ:SGRY) (“Surgery Partners” or the “Company”), a leading provider of surgical services, today announced that Dr. Patricia A. Maryland has been appointed to serve as an independent director on its Board of Directors. Dr. Maryland’s appointment, which is effective immediately, will increase the size of Surgery Partners’ Board to nine members.Dr. Maryland joins the Surgery Partners Board with extensive healthcare experience. Her career in healthcare administration spans 40 years, most recently serving as an executive vice president for Ascension and the president and chief executive officer at Ascension Healthcare, a leading non-profit health system operating more than 2,600 sites of care including 150 hospitals and more than 50...

STRATA Skin Sciences, Inc. Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Written by Customer Service on March 1, 2021. Posted in Public Companies.

HORSHAM, Pa., March 01, 2021 (GLOBE NEWSWIRE) — STRATA Skin Sciences, Inc. (NASDAQ: SSKN) (the “Company”) a medical technology company in dermatology and plastic surgery dedicated to developing, commercializing, and marketing innovative products for the treatment of dermatologic conditions, today announced that, as previously reported on its Form 8-K filed on March 1, 2021, effective as of the close of trading on March 1, 2021, the Company granted equity-based awards, in accordance with Nasdaq Listing Rule 5635(c)(4), to Robert Moccia as an inducement, material to Mr. Moccia entering into an employment agreement with the Company and commencing employment as its Chief Executive Officer and President. Mr. Moccia received an equity-based award of a stock option to purchase 1,632,590 shares of the Company’s common stock, with a strike...

SuRo Capital Corp. to Report Fourth Quarter and Fiscal Year 2020 Financial Results on Wednesday, March 10, 2021

Written by Customer Service on March 1, 2021. Posted in Public Companies.

SAN FRANCISCO, March 01, 2021 (GLOBE NEWSWIRE) — SuRo Capital Corp. (“SuRo Capital”) (Nasdaq: SSSS) today announced that it will report its financial results for the quarter and fiscal year ended December 31, 2020 after the close of the U.S. market on Wednesday, March 10, 2021.Management will hold a conference call and webcast for investors at 2:00 p.m. PT (5:00 p.m. ET). The conference call access number for U.S. participants is 323-794-2093, and the conference call access number for participants outside the U.S. is 866-548-4713. The conference ID number for both access numbers is 1988157. Additionally, interested parties can listen to a live webcast of the call from the “Investor Relations” section of SuRo Capital’s website at www.surocap.com. An archived replay of the webcast will also be available for 12 months following...

First Horizon Corporation to Participate in Virtual RBC Capital Markets Global Financials Conference

Written by Customer Service on March 1, 2021. Posted in Public Companies.

MEMPHIS, Tenn., March 01, 2021 (GLOBE NEWSWIRE) — Bryan Jordan, President and Chief Executive Officer of First Horizon Corporation (NYSE:FHN), will participate in a virtual fireside chat at the RBC Capital Markets Global Financials Conference on March 9, 2021 at 2:40 p.m. Eastern Time.A live webcast of the event along with an audio replay will be available for six months after the event via the events and presentations section of http://ir.fhnc.com.The presentation and any related materials may contain forward-looking statements, including guidance, involving significant risks and uncertainties, which will be identified by words such as “believe,” “expect,” “anticipate,” “intend,” “estimate,” “should,” “is likely,” “will,” “going...

Fairfax Announces Quarterly Dividend on Series C, D, E, F, G, H, I, J, K and M Preferred Shares and Quarterly Dividend Rate for Series D, F, H and J Preferred Shares

Written by Customer Service on March 1, 2021. Posted in Public Companies.

TORONTO, March 01, 2021 (GLOBE NEWSWIRE) — Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it has declared the following quarterly dividends per share on its preferred shares:Applicable Canadian withholding tax will be applied to dividends payable to non-residents of Canada.Fairfax has also determined the quarterly dividend rates in respect of the March 31, 2021 to June 29, 2021 dividend period for its floating rate preferred shares. The rates, together with the dividends per share payable for such period (if and when declared), are set forth below:Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and the associated investment management.

Ferroglobe Reports Results for the Fourth Quarter and Full Year 2020

Written by Customer Service on March 1, 2021. Posted in Public Companies.

Adjusted EBITDA of $5.7 million in Q4 2020 and $32.8 million in Full Year 2020Q4 2020 results:Sales of $320.5 million, up 22% compared to $262.7 million in Q3 2020, and $376.6 million in Q4 2019Net loss of ($84.1) million compared to ($46.8) million in Q3 2020, and ($73.3) million in Q4 2019Adjusted EBITDA of $5.7 million compared to $22.2 million in Q3 2020, and ($30.4) million in Q4 2019Full Year 2020 results:Sales of $1.14 billion, down 29%, compared to $1.62 billion in 2019Net loss of ($194.1) million, including an impairment charge of $36.8 million, compared to a net loss of ($285.6) million in 2019Adjusted EBITDA of $32.8 million in 2020, compared to ($29.2) million in 2019Continued working capital reduction of $15 million in Q4 2020, and total reduction of $135 million for the full year 2020Improved available cash balance by $25...

Day: March 1, 2021

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