Day: April 22, 2021

Mid Penn Bancorp, Inc. Reports Record First Quarter 2021 Earnings and Declares Dividend

MILLERSBURG, Pa., April 22, 2021 (GLOBE NEWSWIRE) — Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB), the parent company of Mid Penn Bank (the “Bank”) and MPB Financial Services, LLC, today reported net income to common shareholders (earnings) for the quarter ended March 31, 2021 of $9,312,000 or $1.11 per common share basic and $1.10 per share diluted, compared to earnings of $3,818,000 or $0.45 per common share basic and diluted for the quarter ended March 31, 2020. The diluted earnings per share for the quarter ended March 31, 2021 reflect an increase of 144 percent compared to the earnings per share for the same period in the prior year, and represents a record high level of quarterly earnings for Mid Penn. Mid Penn also reported total assets of $3,382,038,000 as of March 31, 2021, reflecting an increase of $383,090,000 or...

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Troika Media Group, Inc. Announces Closing of Initial Public Offering

Los Angeles, California, April 22, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Troika Media Group, Inc. (NasdaqCM:TRKA) (“TMG” or “Company”), a brand identity and communications agency that provides integrated branding and advertising solutions for global brands, primarily in entertainment and sports, today announced the closing of its initial public offering of 5,783,133 shares of common stock and warrants to purchase 5,783,133 shares of common stock at a public offering price of $4.15 per share for aggregate gross proceeds of approximately $24.0 million prior to deducting underwriting discounts, commissions, and other offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 867,469 shares (and warrants) at the public offering price less...

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Baytex Conference Call and Webcast on First Quarter 2021 Results to be Held on April 30, 2021

CALGARY, Alberta, April 22, 2021 (GLOBE NEWSWIRE) — Baytex Energy Corp. (TSX: BTE) will release its 2021 first quarter financial and operating results after the close of markets on Thursday April 29, 2021. A conference call and webcast will be held on Friday April 30, 2021 to discuss the results. Conference Call Details: An archived recording of the conference call will be available shortly after the event by accessing the webcast link above. The conference call will also be archived on the Baytex website at www.baytexenergy.com  Baytex Energy Corp. is an oil and gas corporation based in Calgary, Alberta. The company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Approximately 81% of Baytex’s production is...

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Brooge Energy Ltd. Announces Filing of Form F-3 Shelf Registration Statement and Intention to Offer Securities Primarily to Fund Phase III Expansion Project

Phase III expansion is expected to increase storage capacity by up to 3.5 million m3 NEW YORK, April 22, 2021 (GLOBE NEWSWIRE) — Brooge Energy Ltd. (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a midstream oil storage and service provider strategically located outside the Strait of Hormuz, adjacent to the Port of Fujairah in the United Arab Emirates, today announced that on April 19, 2021 the Company filed a shelf registration statement on Form F-3 with the U.S. Securities and Exchange Commission (the “SEC”). The Company intends to conduct an underwritten public offering of ordinary shares. The purpose of the proposed offering is to fund the construction of the Company’s Phase III project, which is expected to increase its storage capacity by up to 3.5 million m3.  The proposed offering is subject to market and other conditions,...

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goeasy Ltd. Announces Pricing of US$320 Million of Senior Unsecured Notes

MISSISSAUGA, Ontario, April 22, 2021 (GLOBE NEWSWIRE) — goeasy Ltd. (TSX: GSY) (“goeasy” or the “Company”), a leading full-service provider of goods and alternative financial services, is pleased to announce that it priced US$320 million aggregate principal amount of 4.375% senior unsecured notes due 2026 (the “Notes”). The Notes will be guaranteed on a senior unsecured basis by certain of goeasy’s current and future subsidiaries. goeasy estimates the net proceeds from the offering will be approximately C$392.7 million, based on the Bank of Canada daily rate on April 21, 2021 for the Canadian dollar/U.S. dollar exchange rate, after deducting fees and estimated offering expenses, and subject to adjustment as a result of the Currency Swap referred to below. The gross proceeds from the sale of the Notes will be deposited in an escrow...

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Heritage Commerce Corp Earns $11.2 Million for the First Quarter of 2021

SAN JOSE, Calif., April 22, 2021 (GLOBE NEWSWIRE) — Heritage Commerce Corp (Nasdaq: HTBK), the holding company (the “Company”) for Heritage Bank of Commerce (the “Bank”), today announced first quarter 2021 net income of $11.2 million, or $0.19 per average diluted common share, compared to $1.9 million, or $0.03 per average diluted common share, for the first quarter of 2020, and $11.6 million, or $0.19 per average diluted common share, for the fourth quarter of 2020. First quarter 2021 results included the recapture of $1.5 million of provision for credit losses on loans, compared to a provision for credit losses on loans of $13.3 million for the first quarter of 2020. All results are unaudited. “While facing prolonged challenges posed by the COVID-19 crisis, and the related economic uncertainty, the Company has continued to generate...

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Investar Holding Corporation Announces 2021 First Quarter Results

BATON ROUGE, La., April 22, 2021 (GLOBE NEWSWIRE) — Investar Holding Corporation (“Investar”) (NASDAQ:ISTR), the holding company for Investar Bank, National Association (the “Bank”), today announced financial results for the quarter ended March 31, 2021. Investar reported record net income of $5.4 million, or $0.51 per diluted common share, for the first quarter of 2021, compared to $4.5 million, or $0.42 per diluted common share, for the quarter ended December 31, 2020, and $0.6 million, or $0.05 per diluted common share, for the quarter ended March 31, 2020. On a non-GAAP basis, core earnings per diluted common share for the first quarter of 2021 were $0.49 compared to $0.39 for the fourth quarter of 2020 and $0.15 for the first quarter of 2020. Core earnings exclude certain non-operating items including, but not limited to, gain...

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Beyond Meat® to Report First Quarter 2021 Financial Results on May 6, 2021

EL SEGUNDO, Calif., April 22, 2021 (GLOBE NEWSWIRE) — Beyond Meat, Inc. (NASDAQ: BYND), a leader in plant-based meat, announced today it will report financial results for the first quarter ended April 3, 2021 on Thursday, May 6, 2021 after market close. The Company will host a conference call to discuss these results at 5:00 p.m. ET. Investors interested in participating in the live call can dial 415-226-5361. There will also be a simultaneous, live webcast available on the Investors section of the Company’s website at www.beyondmeat.com. The webcast will also be archived. About Beyond Meat Beyond Meat, Inc. (NASDAQ: BYND) is one of the fastest growing food companies in the United States, offering a portfolio of revolutionary plant-based meats made from simple ingredients without GMOs, bioengineered ingredients, hormones, antibiotics,...

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Shenandoah Telecommunications Company to Hold Its First Quarter 2021 Earnings Call at 8:00 a.m. on Friday, April 30, 2021

EDINBURG, Va., April 22, 2021 (GLOBE NEWSWIRE) — Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) will release its first quarter 2021 financial results after the market closes on Thursday, April 29, 2021 and will host a conference call and simultaneous webcast at 8:00 a.m. Eastern Time on April 30, 2021. Date: April 30, 2021Time: 8:00 AM ET Listen via Internet: http://investor.shentel.com/ Telephone: (888) 695-7639Password: 5934209 A telephonic replay of the conference call will also be available starting two hours after the completion of the call. To access the replay, callers in the United States should call (855) 859-2056 and enter pass code 9885265. About Shenandoah Telecommunications Shenandoah Telecommunications Company provides a broad range of diversified communications services through its high speed, state-of-the-art...

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ROHM Introduces New White Chip LEDs: High Luminous Intensity, Class-Leading Small 1608 Size

Santa Clara, CA and Kyoto, Japan, April 22, 2021 (GLOBE NEWSWIRE) — ROHM Semiconductor today introduced their new CSL1104WB ultra-compact, high luminous intensity white chip LEDs. The products are optimized for applications requiring high brightness white light emission, such as IoT devices, drones, and other battery-equipped applications. In recent years, high luminous intensity (2.0cd) white LEDs have been increasingly adopted to improve visibility in a range of applications in the consumer electronics and automotive sectors. At the same time, the emergence of applications that mount multiple LEDs in a small space – such as IoT devices and drones – require high density mounting. This makes it difficult to achieve high brightness in a compact footprint. High brightness in an ultra-compact size improves design flexibilityThe CSL1104WB...

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