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Day: March 10, 2021

NL REPORTS FOURTH QUARTER 2020 RESULTS

Dallas, Texas, March 10, 2021 (GLOBE NEWSWIRE) — NL Industries, Inc. (NYSE: NL) today reported net income attributable to NL stockholders of $4.3 million, or $.09 per share, in the fourth quarter of 2020 compared to net income attributable to NL stockholders of $6.3 million, or $.13 per share, in the fourth quarter of 2019.  For the full year of 2020, NL reported net income attributable to NL stockholders of $14.7 million, or $.30 per share, compared to net income attributable to NL stockholders of $25.8 million, or $.53 per share in 2019.  NL results include an unrealized loss of $8.7 million in the full year of 2020 related to the change in value of marketable equity securities compared to a $.9 million unrealized loss in 2019.  NL also recognized a pre-tax litigation settlement expense of $19.3 million ($.31 per share, net of income...

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A-Mark Precious Metals Announces Exercise of Over-Allotment Option in Public Offering

EL SEGUNDO, Calif., March 10, 2021 (GLOBE NEWSWIRE) — A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, announced today that the underwriters of its previously announced public offering of common stock have fully exercised their option to purchase an additional 375,000 shares. The option was granted in connection with the company’s public offering of 2,500,000 shares of common stock at a price to the public of $28.00 per share, which closed on March 8, 2021. After giving effect to the full exercise of the over-allotment option, the total number of shares sold by A-Mark in the public offering increased to 2,875,000 shares, and the company expects to receive total net proceeds from the public offering of approximately $75.3 million, after deducting the underwriter discounts...

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February AMK Report

CONCORD, Calif., March 10, 2021 (GLOBE NEWSWIRE) — AssetMark Financial Holdings, Inc. (NYSE: AMK) released its “AssetMark Monthly Knowledge” Report today.Company highlights for the month of February 2021 include:Platform assets of $76.2 billion at the end of February, up 23.5% year-over-year.Net flows were $532 million in the month of February, down 24.3% year-over-year.AssetMark Trust Company client cash was $2.60 billion, up 43.6% year-over-year.Number of households increased 7.8% year-over-year to 188,679 at the end of February.This monthly data is being provided on a supplemental basis and should not be taken as a substitute for the Company’s financial statements filed with the Securities and Exchange Commission as part of the Company’s Annual Report on Form 10-K for the year ended December 31, 2020. This monthly data is preliminary...

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Jack Creek Investment Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing March 15, 2021

NEW YORK, March 10, 2021 (GLOBE NEWSWIRE) — Jack Creek Investment Corp. (the “Company”) announced that commencing March 15, 2021, holders of the units sold in the Company’s initial public offering of 34,500,000 units may elect to separately trade the Class A ordinary shares and warrants included in the units. Class A ordinary shares and warrants that are separated will trade on the Nasdaq Stock Market under the symbols “JCIC” and “JCICW,” respectively. Those units not separated will continue to trade on the Nasdaq Stock Market under the symbol “JCICU.” No fractional warrants will be issued upon separation of the units and only whole warrants will trade.This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall there be any sale of these securities in any...

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Artesian Resources Corporation Reports 2020 Year-End Earnings and Fourth Quarter Results

NEWARK, Del., March 10, 2021 (GLOBE NEWSWIRE) — Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider of water and wastewater services, and related services, on the Delmarva Peninsula, today announced earnings results for the fourth quarter and year ended December 31, 2020.HighlightsIncreased diluted earnings per share by 11.9% to $1.79 in 2020Increased revenues by 5.4% in 2020 and 3.5% in the fourth quarterIncreased common stock dividend by 3%Paid quarterly dividends to shareholders for 113 consecutive quarters and increased dividends for the 24th consecutive yearInvested $40.0 million in 2020 in water and wastewater infrastructureAcquired two municipal water systems, adding approximately 3,000 people served in Delaware during 2020, and marking the 6th and 7th acquisition over the past 3 yearsCompleted Sussex Regional...

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Profire Energy Reports Financial Results for Fourth Quarter and Full Fiscal Year 2020

LINDON, Utah, March 10, 2021 (GLOBE NEWSWIRE) — Profire Energy, Inc. (NASDAQ: PFIE), a technology company (the “Company”) that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, today reported financial results for its fourth quarter and full fiscal year ending December 31, 2020. A conference call will be held on Thursday, March 11, 2021 at 1:00 p.m. ET to discuss the results.Fourth Quarter SummaryRecognized revenue of $5.7 millionRealized gross profit of $2.8 million or 48.7% of total revenuesSequential gross margin improvementNet income of $55,918 or $0.00 per diluted shareGenerated $141,723 of cash flow from operationsFull-year Fiscal 2020 SummaryRecognized revenue of $21.5 millionRealized gross profit of $9.5 million or 44.4% of total revenuesReduced operating...

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PHH Mortgage Renews Partnership With the NAACP to Help COVID-19 Impacted Homeowners Through Virtual Borrower Outreach Series

WEST PALM BEACH, Fla., March 10, 2021 (GLOBE NEWSWIRE) — PHH Mortgage, a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and originator, announced the renewal of its partnership with the NAACP to host 45 regional virtual borrower outreach events in 2021 for PHH Mortgage customers who have been negatively impacted by COVID-19 and are having trouble making their mortgage payments. Virtual borrower outreach events will be held in multiple locations across the country, with the next events to be held in Chicago and New York City.The virtual events provide attendees with information regarding mortgage assistance options and feature speakers from a local HUD-certified counseling agency and PHH Mortgage. After the event, homeowners can schedule a virtual one-on-one meeting with a housing counselor...

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NI Holdings, Inc. Files Results for Fourth Quarter and Year Ended December 31, 2020

FARGO, N.D., March 10, 2021 (GLOBE NEWSWIRE) — NI Holdings, Inc. (NASDAQ: NODK) today reported its financial results for the fourth quarter and year ended December 31, 2020.The Company reported quarterly net income attributable to NI Holdings of $21,579 ($1.01 per share) compared to $17,129 ($0.77 per share) a year ago. For the year ended December 31, 2020, net income attributable to NI Holdings totaled $40,389 ($1.86 per share) compared to $26,401 ($1.19 per share) for the prior year, an increase of 53.0%.The Company reported an increase of 31.7% in direct written premiums for the quarter ended December 31, 2020. For the year ended December 31, 2020, direct written premiums increased by 19.9%. Total equity increased 12.6% from the prior year and stood at $348,872 as of December 31, 2020.NI Holdings Q4 2020 key financial details:Dollars...

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Ballantyne Strong Reports Fourth Quarter and Full Year 2020 Operating Results

Charlotte, NC, March 10, 2021 (GLOBE NEWSWIRE) — Ballantyne Strong, Inc. (NYSE American: BTN) (the “Company” or “Ballantyne Strong”) today announced financial results for the fourth quarter and year ended December 31, 2020.Recent Financial and Operational Highlights“Ballantyne Strong’s performance highlights in 2020 included: the successful navigation of the uncertainties associated with the impact of COVID-19 on the entertainment industry; the streamlining of the Company’s overhead structure; completion of two M&A transactions, and the strengthening of the balance sheet which has positioned the Company for future growth and market share gains,” commented Mark Roberson, Chief Executive Officer.“Strong Entertainment bounced back in the second half of 2020, and we expect revenue to accelerate post-pandemic as cinemas and theme...

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ACM Research Significantly Improves Copper Plating Rate and Uniformity for Advanced Packaging Applications with New High-Speed Plating Technology

New ECP ap capability controls the wafer-level electric field to deliver better uniformity within wafer and within die while achieving higher throughputsFREMONT, Calif., March 10, 2021 (GLOBE NEWSWIRE) — ACM Research, Inc. (ACM) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging (WLP) applications, today introduced its high-speed copper (Cu) plating technology, which is now available for its ECP ap system. The tool supports Cu pillar bumping for Cu, nickel (Ni) and tin-silver (SnAg) plating; solder bumping Ni and SnAg plating; and high-density fan-out (HDFO) WLP products’ warpage wafers, with Cu, Ni, SnAg and gold plating. The new high-speed plating technology supports the Cu plating chamber with stronger mass transfer during the plating process.According to Mordor...

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