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Day: April 21, 2021

OneWater Marine Named Sole U.S. Distributor for Sunseeker Yachts

BUFORD, Ga., April 21, 2021 (GLOBE NEWSWIRE) — OneWater Marine Inc. (NASDAQ: ONEW) (“OneWater” or “the Company”) announced today that it was named as the sole U.S. distributor for Sunseeker Yachts. The agreement is expected to close in the third quarter and will accelerate the growth of the newly formed OneWater Yacht Group announced by the Company last month. Sunseeker is a leading manufacturer of premium yachts based in the U.K., with customers across the globe. OneWater is already a key dealer for Sunseeker across most of the eastern seaboard and under the terms of the agreement, will now manage the Sunseeker dealer network in other markets throughout the U.S. “This first-of-its-kind agreement is a testament to our proven execution, industry-leading technology, and robust footprint, particularly in the Eastern U.S. We are thrilled...

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Virtual End-to-End Care in Workers’ Compensation to be Presented at RIMS

IRVINE, Calif., April 21, 2021 (GLOBE NEWSWIRE) — David Lupinsky, Vice President of Digital Health and Innovation, CorVel, will be co-presenter of a session exploring the impact of AI and telehealth at RIMS LIVE 2021, the world’s most prestigious risk management and insurance virtual conference. “Disruption: How Big Data, AI and Telehealth Are Transforming Claims Management,” led by Lupinsky and Stacey Caldwell, Corporate Claims Manager, BBSI, will chronicle the journey that is transforming care for injured workers, producing better outcomes at less cost and improving the patient’s experience. The educational session is scheduled for Monday, April 26 at 4:30PM EDT but will remain available to all attendees for 60 days after the conference. Although telehealth was already in use for workers’ compensation, the pandemic pushed its...

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Nasdaq Announces 10% Increase in Quarterly Dividend to $0.54 per Share

NEW YORK, April 21, 2021 (GLOBE NEWSWIRE) — The Board of Directors of Nasdaq, Inc. (Nasdaq: NDAQ) has declared a regular quarterly dividend of $0.54 per share on the company’s outstanding common stock. The dividend is payable on June 25, 2021 to shareholders of record at the close of business on June 11, 2021. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Board of Directors. About Nasdaq Nasdaq (Nasdaq: NDAQ) is a global technology company serving the capital markets and other industries. Our diverse offering of data, analytics, software and services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on Twitter...

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Jushi Holdings Inc. Announces Certain Unaudited 2020 Fourth Quarter and Full Year 2020 Financial Results and Advises on Timing of Filing Annual Audited Financial Statements and Management’s Discussion and Analysis

—Fourth Quarter 2020 Revenue Increased 30% Sequentially to Revenue of $32.3 million; Gross Profit Increased 44% Sequentially to $17.6 million; Announces First Quarter Revenues of $41.6 million— BOCA RATON, Fla., April 21, 2021 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCMKTS: JUSHF), a vertically integrated, multi-state cannabis operator, announced its unaudited financial results for the fourth quarter and full year ended December 31, 2020, and is announcing its unaudited first quarter 2021 revenue. The Company previously announced that its auditor is not able to complete their audit procedures in advance of the April 30, 2021 deadline. The Company anticipates filing its 2020 audited financial statements on or before May 24, 2021. As a result of today’s announcements, Jushi has elected...

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First Horizon Corporation Reports First Quarter Net Income Available to Common Shareholders of $225 million, or EPS of $0.40; $284 million, or $0.51, on an Adjusted Basis*

First quarter 2021 ROTCE of 15.9%; Adjusted ROTCE of 20.2% improved from 18.2% in fourth quarter 2020* Tangible book value per share of $10.30 up 1% from fourth quarter 2020 MEMPHIS, Tenn., April 21, 2021 (GLOBE NEWSWIRE) — First Horizon Corporation (NYSE: FHN or “First Horizon”) today reported first quarter 2021 net income available to common shareholders (“NIAC”) of $225 million, or earnings per share of $0.40, compared with fourth quarter 2020 NIAC of $234 million, or earnings per share of $0.42. First quarter 2021 results were reduced by a net $60 million after-tax, or $0.11 per share, of notable items largely related to the IBERIABANK Corporation Merger (“IBKC Merger”) compared with a net $20 million after-tax reduction, or $0.04 per share, in fourth quarter 2020. Excluding notable items, adjusted first...

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Descartes Releases Sourcing Risk Analysis of Critical Supply Chains in Biden Executive Order

ATLANTA, April 21, 2021 (GLOBE NEWSWIRE) — Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced it has used the Descartes Datamyne™ global trade intelligence solution to assess sourcing risks for the critical supply chains identified in the Biden Administration’s February 24, 2021 Executive Order on America’s Supply Chains, including semiconductors, large capacity batteries, pharmaceuticals and strategic minerals and materials. “The pandemic has highlighted the economic risks associated with highly concentrated supply chains and trade flow disruptions,” said Chris Jones, Executive Vice President at Descartes. “While the Biden Executive Order points to a number of critical supply chains with sourcing challenges like semiconductors and large capacity batteries,...

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Universal Stainless Reports Improved First Quarter 2021 Results

Q1 2021 Sales rise 18.2% sequentially to $37.0 million; Premium alloy sales up 26.6% from Q4 2020 Q1 2021 Net Loss is $4.5 million, or $0.51 per diluted share; Net loss is $2.6 million, or $0.29 per diluted share, excluding $2.6 million (pre-tax) of fixed cost absorption charges Q1 2021 Adjusted EBITDA is $2.1 million; EBITDA is a loss of $0.7 million Quarter-end Backlog increases 21.0% to $58.0 million versus $48.0 million at end of Q4 2020BRIDGEVILLE, Pa., April 21, 2021 (GLOBE NEWSWIRE) — Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported net sales for the first quarter of 2021 of $37.0 million, an increase of 18.2% from $31.3 million in the fourth quarter of 2020, although 36.7% lower than $58.5 million in the first quarter of 2020. Sales of premium alloys in the first quarter of 2021 were $7.6...

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Unitil Schedules First Quarter 2021 Earnings Release and Conference Call

HAMPTON, N.H., April 21, 2021 (GLOBE NEWSWIRE) — Unitil Corporation (NYSE: UTL) (www.unitil.com) has scheduled the release of its first quarter 2021 earnings before the market opens on May 4, 2021. Unitil will host its conference call and webcast later that day at 2:00 p.m. (ET) to review its quarterly results. Related presentation materials will be available before the call on the Company’s Investors page at www.unitil.com/investors. The conference call will be broadcast live in listen-only mode on the Company’s Investors page at www.unitil.com/investors. Interested parties may access the conference call by calling toll-free (844) 348-3793, internationally (614) 999-9310, and entering conference ID 5266364. A recording of the call will be available for one week by calling toll-free (855) 859-2056, internationally (404) 537-3406,...

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Nasdaq Reports First Quarter 2021 Results; Delivers 21% Increase in Revenue Compared to Prior Year

First quarter 2021 net revenues1 were $851 million, an increase of 21% over the first quarter of 2020. Compared to the prior year period, Solutions segments2 revenues increased 22% while Market Services revenues increased 20%. Annualized Recurring Revenue (ARR)3 was $1,760 million in the first quarter of 2021, an increase of 21% from the prior year period. First quarter 2021 GAAP diluted earnings per share of $1.78 increased 46% compared to $1.22 in the first quarter of 2020. First quarter 2021 non-GAAP4 diluted earnings per share of $1.96 increased 31% from $1.50 in the first quarter of 2020. Nasdaq advanced its strategic positioning by completing the acquisition of Verafin, establishing the company as a leading anti-financial crime technology provider. Also in the first quarter of 2021, Nasdaq agreed to sell its U.S. Fixed Income business,...

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Rogers Communications Reports First Quarter 2021 Results

Strong execution in Wireless, Cable, and Media deliver solid operational improvements despite continued pandemic lockdown environment Expanded Wireless adjusted EBITDA service margin by 310 basis points; strong Wireless postpaid net subscriber additions of 44,000Monthly postpaid churn of 0.88%, improved 5 basis points Service revenue down 6% and adjusted EBITDA down 1%Increased Cable service revenue by 5%; grew adjusted EBITDA by 8%Adjusted EBITDA margin up 110 basis points; capital intensity at 21%Grew Media revenue by 7%, adjusted EBITDA improved by 31%, reflecting the return of live professional sports broadcasting Continued expanding wireless service to more rural and underserved communities and providing 5G services to 173 communities across the countryTORONTO, April 21, 2021 (GLOBE NEWSWIRE) — Rogers Communications...

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