Day: April 21, 2021

WPT Industrial Real Estate Investment Trust Announces April 2021 Distribution

TORONTO, April 21, 2021 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U; WIR.UN) (OTCQX: WPTIF) announced today that its Board of Trustees has declared a cash distribution for the month of April 2021 of US$0.0633 per unit. The distribution will be payable on May 17, 2021 to unitholders of record as of the close of business on April 30, 2021. Distributions paid to Canadian unitholders (and other non-U.S. unitholders) generally will be subject to U.S. withholding tax. For a general summary of the taxation of distributions paid to Canadian unitholders, including information regarding U.S. withholding tax, please see the “Certain Canadian Federal Income Tax Considerations”, “Certain U.S. Federal Income Tax Considerations” sections of the REIT’s prospectus dated April 18, 2013, and “Risk Factors...

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High Wire Networks Wins $1.6M Contract for Global Online Retailer

Company Continues to See Year Over Year Sales Growth. BOCA RATON, Fla, April 21, 2021 (GLOBE NEWSWIRE) —  Spectrum Global Solutions Inc. (the “Company” or “Spectrum”) (OTCQB: SGSI), announced today that High Wire Networks Inc. (“High Wire”) has been awarded a $1.6 million electrical contract for a new 138,000-square-foot distribution center in Indianapolis, Ind., less than six months after delivering electrical services for a nearly $3 million distribution facility in the western suburbs of Chicago. The project includes the installation of new 2,500 amps electrical service and infrastructure to power multiple robotic charging stations and a large conveyance system at the customer site. The team also will deliver electrical services for LED lighting and lighting controls, and a generator for life safety systems and network backup...

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Brandywine Realty Trust Announces First Quarter Results And Narrows 2021 Guidance

PHILADELPHIA, April 21, 2021 (GLOBE NEWSWIRE) — Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three months ended March 31, 2021. Management Comments “With the accelerated availability of vaccinations and the easing of government restrictions, we are excited to see an increasing number of our tenants begin returning to the workplace. As this transition advances, we will continue to prioritize the safety of our employees, tenants and stakeholders,” stated Gerard H. Sweeney, President and Chief Executive Officer for Brandywine Realty Trust. “We are making excellent progress on our 2021 business plan. Based on the midpoint of our range, we have now completed 91% of our speculative revenue target and continue to experience positive mark-to-market rents increasing 8.3% and 5.0% on an accrual...

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Black Hills Corp. Announces Details of its Annual Meeting of Shareholders and Provides Access to a Live Webcast

RAPID CITY, S.D., April 21, 2021 (GLOBE NEWSWIRE) — Black Hills Corp. (NYSE:BKH) will hold its Annual Meeting of Shareholders on Tuesday, April 27, 2021, at 9:30 a.m. MDT at 7001 Mount Rushmore Road, Rapid City, South Dakota. Attendees have the option to attend the meeting in person or virtually via webcast or call-in number. Due to the ongoing Coronavirus (COVID-19) pandemic, we are encouraging any attendees concerned about COVID-19 to attend the meeting virtually. Black Hills considers the health of its shareholders, employees, and other attendees of the meeting as its top priority. Following guidelines established by government agencies, including the U.S. Center for Disease Control and Prevention, attendees of the meeting will be required to follow strict social distancing and mask protocols, and complete a COVID-19 questionnaire....

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Douglas Dynamics, Inc. Announces First Quarter 2021 Earnings Release and Conference Call

MILWAUKEE, April 21, 2021 (GLOBE NEWSWIRE) — Douglas Dynamics, Inc. (NYSE: PLOW), North America’s premier manufacturer and upfitter of work truck attachments and equipment, today announced that it will release financial results for the first quarter 2021, after market close on Monday, May 3rd, 2021. A conference call will be held to discuss the financial results on Tuesday, May 4th, 2021 at 9:00 a.m. Central Time and will be hosted by Bob McCormick, President and Chief Executive Officer and Sarah Lauber, Chief Financial Officer. The conference call will be simulcast live on the Company’s website at: www.douglasdynamics.com. Alternatively, please dial (877) 369-6591 domestically, or (253) 237-1176 internationally to join the call. About Douglas Dynamics Home to the most trusted brands in the industry, Douglas Dynamics is North...

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Ayr Wellness Celebrates 4/20 With Record Sales

TORONTO, April 21, 2021 (GLOBE NEWSWIRE) — Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“Ayr,” “Ayr Wellness,” “we,” “us,” “our,” or the “Company”), a vertically-integrated cannabis multi-state operator (MSO), celebrated the 420 Holiday with retail sales records across its six-state footprint. Nevada, Massachusetts and Pennsylvania all had record days. In total, the Company saw 14,241 transactions and $1.24 million in sales yesterday, for an average ticket of US$87. Retail gross margin remained high at over 50%. In Nevada, where the local economy is seeing the benefits of the reopening of the casinos and entertainment venues, Ayr, through its service and operation agreements with licensed operators, saw over 7,500 transactions, including over 2,000 in its busiest location in Henderson, NV, 30% above its average daily count. “I...

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KemPharm Confirms Receipt of $10 Million Milestone Payment for FDA Approval of AZSTARYS™ Per License Agreement with Affiliate of Gurnet Point Capital

Eligible to Receive Additional Near-Term $10 Million Milestone Payment Following DEA Scheduling of SDX CELEBRATION, Fla., April 21, 2021 (GLOBE NEWSWIRE) — KemPharm, Inc. (NASDAQ: KMPH), a specialty pharmaceutical company engaged in the discovery and development of proprietary prodrugs, today announced receipt of a regulatory milestone payment of $10 million for the FDA approval of AZSTARYS™ in accordance with the recently amended definitive collaboration and license agreement with Commave Therapeutics, SA, an affiliate of Gurnet Point Capital (the License Agreement).    The License Agreement provides for an exclusive worldwide license to develop, manufacture and commercialize KemPharm’s product candidates containing serdexmethylphenidate (SDX) and d-methylphenidate (d-MPH), including AZSTARYS (formerly referred to as KP415), a...

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CVB Financial Corp. Reports Earnings for the First Quarter of 2021

Net Earnings of $63.9 million for the first quarter of 2021, or $0.47 per share Return on Average Tangible Common Equity of 19.85% for the first quarter of 2021 Return on Average Assets of 1.79% for the first quarter of 2021 Deposit growth of $2.97 billion or 33% year-over-year ONTARIO, Calif., April 21, 2021 (GLOBE NEWSWIRE) — CVB Financial Corp. (NASDAQ:CVBF) and its subsidiary, Citizens Business Bank (the “Company”), announced earnings for the quarter ended March 31, 2021. CVB Financial Corp. reported net income of $63.9 million for the quarter ended March 31, 2021, compared with $50.1 million for the fourth quarter of 2020 and $38.0 million for the first quarter of 2020. Diluted earnings per share were $0.47 for the first quarter, compared to $0.37 for the prior quarter and $0.27 for the same period last year. The first quarter...

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Carriage Services Announces Record First Quarter Results

HOUSTON, April 21, 2021 (GLOBE NEWSWIRE) — Carriage Services, Inc. (NYSE: CSV) today announced results for the first quarter ended March 31, 2021. Mel Payne, Chairman and CEO, stated, “We had a record first quarter performance in four of five operating and financial reporting segments to start 2021, as Total Revenue increased $19.1 million or 24.7% to $96.6 million, Field EBITDA increased $15.7 million or 52.1% to $45.8 million, Adjusted Consolidated EBITDA increased $11.8 million or 51.7% to $34.7 million, Adjusted Free Cash Flow increased $14.5 million or 115.3% to $27.1 million, and Adjusted Diluted EPS increased $0.46 or 131.4% to $0.81 compared to $0.35 in 2020. Our Field Margins in all five segments continued to be extraordinarily high compared to 2020, reflected by a Total Field EBITDA Margin of 47.4%, up 860 basis points,...

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Eagle Bancorp, Inc. Announces Record Net Income for First Quarter 2021 of $43.5 Million or $1.36 per Share

BETHESDA, Md., April 21, 2021 (GLOBE NEWSWIRE) — Eagle Bancorp, Inc. (the “Company”) (NASDAQ: EGBN), the parent company of EagleBank (the “Bank”), today announced record net income of $43.5 million for the first quarter of 2021, as compared to $23.1 million net income for the first quarter of 2020, an 88% increase. Net income per basic and diluted common share for the first quarter of 2021 was $1.36 compared to $0.70 for the first quarter of 2020, a 94% increase. The increase in earnings is largely due to the first quarter of 2021 including a reversal of the provision for credit losses and significant gain on sale of residential mortgages, whereas the first quarter of 2020 included provisions for credit losses at the beginning of the COVID-19 pandemic, as well as, mark-to-market losses related to a hedge position on mortgage operations. First...

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