Day: April 28, 2021

LONG ISLAND CITY, N.Y., April 28, 2021 (GLOBE NEWSWIRE) — Steven Madden, Ltd. (Nasdaq: SHOO), a leading designer and marketer of fashion-forward footwear, accessories and apparel for women, men and children, today announced financial results for the first quarter ended March 31, 2021. Amounts referred to as “Adjusted” exclude the items that are described under the heading “Non-GAAP Adjustments.” First Quarter 2021 ReviewRevenue increased 0.5% to $361.0 million compared to $359.2 million in the same period of 2020. Gross margin increased 130 basis points to 38.5% compared to 37.2% in the same period of 2020. Operating expenses as a percentage of revenue were 30.6% compared to 33.8% in the same period of 2020. Adjusted operating expenses as a percentage of revenue were 28.7% compared to 33.2% in the same period of 2020. Income...

Revenue of $392.0 million, which is within prior guidance range Operating income of $11.2 million and operating margin of 2.9% both show sequential improvement Net Income of $3.2 million or earnings per share of $0.06 Backlog of $1.5 billion up 57% YoY; outperforms normal sequential seasonality 2021 EPS outlook maintained at $0.75 per diluted share; range of $0.70 to $0.80LAFAYETTE, Ind., April 28, 2021 (GLOBE NEWSWIRE) — Wabash National Corporation (NYSE: WNC), the innovation leader of engineered solutions for the transportation, logistics and distribution industries, today reported results for the quarter ended March 31, 2021. Net sales for the first quarter 2021 of $392.0 million increased 1.3% versus the prior year quarter as the Company continued to scale its ability to serve strong customer demand. Consolidated gross profit...

Press Release Nokia ranked as number one in 5G patentsIndependent study by PA Consulting confirms Nokia’s leadership in 5G Standard Essential Patents The finding is the latest to rank Nokia number one for patents declared as essential for cellular standards, including 5G28 April 2021 Espoo, Finland – Nokia today announced that it has been ranked as number one in 5G patents in an independent study. The strength of Nokia’s industry leading 5G patent portfolio has once again been confirmed by an independent third party. In its study on Standard Essential Patents (published April 2021), independent analyst firm PA Consulting concluded that Nokia is number one for ownership of granted patents that the researchers found essential to 5G standards. This is the second time Nokia’s leadership in 5G Standard Essential Patents has been confirmed...

TORONTO, April 28, 2021 (GLOBE NEWSWIRE) — Sprott Inc. (“Sprott”) (NYSE/TSX: SII) announced today that Sprott Asset Management LP (“Sprott Asset Management”), a wholly-owned subsidiary of Sprott has entered into a definitive agreement with Uranium Participation Corporation (“UPC”) (TSX: U) pursuant to which UPC shareholders will become unitholders of the Sprott Physical Uranium Trust (the “Trust”), a newly-formed entity managed by Sprott Asset Management. UPC is the world’s largest publicly traded investment vehicle providing investors an opportunity to gain exposure to the price of uranium, outside of a traditional mining company, through holdings of physical uranium in the form of uranium oxide in concentrates (“U3O8“) and uranium hexafluoride (“UF6“). At the end of March 2021, UPC reported holding 16,269,658...

ITHACA, Mich., April 28, 2021 (GLOBE NEWSWIRE) — Commercial National Financial Corporation (Pink Sheets: CEFC) today announced first quarter 2021 net income of $1,712,000, or $.43 per share compared to first quarter 2020 net income of $803,000, or $.20 per share.   Return on Equity (ROE) was 16.42% for the first quarter of 2021 compared to 8.23% for the first quarter of 2020. For the first quarter of 2021, net interest income increased $583,000, or 15.5% compared to the first quarter of 2020 primarily due to accelerated accretion of deferred fees from Paycheck Protection Program (PPP) loan payoffs. These loans were authorized by the CARES Act approved by Congress in response to the Covid-19 pandemic. Non-interest income increased by $74,000, or 14.6% primarily due to higher debit card fees. Operating expenses increased by $2,000,...

St. John’s, NEWFOUNDLAND, April 28, 2021 (GLOBE NEWSWIRE) — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, is pleased to announce new purchase orders for a 6000-meter rated AquaPix® MINSAS 120 sonar and SeaPower® batteries totalling over $1.2 million from a new AUV customer. Due to customer confidentiality, Kraken cannot provide more details at this time. The Company expects to fulfill these orders in 2021. Kraken’s batteries and sensors will be integrated on this customer’s survey-grade AUV and this order follows initial integration and sea trials of Kraken’s AquaPix® MINSAS in 2020. Kraken’s AquaPix® MINSAS is an off the shelf configurable SAS which replaces high end sidescan systems at an affordable price, while delivering significantly higher resolution, range, and area coverage rates (ACR). The increased...