Month: April 2021

MOUNT AIRY, N.C., April 26, 2021 (GLOBE NEWSWIRE) — Surrey Bancorp (the “Company”) (Pink Sheets: SRYB), the holding company for Surrey Bank & Trust (the “Bank”), today reported earnings for the first quarter of 2021. For the quarter ended March 31, 2021, net income totaled $1,987,375 or $0.48 per fully diluted common share, compared with $1,056,012 or $0.25 per fully diluted common share earned during the first quarter of 2020. The increase in earnings primarily results from the sale of the Bank’s wholly owned insurance agency, SB&T Insurance. The sale of assets resulted in a noninterest income gain of $858,778. Net interest income increased 6.2 percent from $3,192,503 in the first quarter of 2020 to $3,392,180 in 2021 even though net interest income yields declined. The increase is due to the recognition of loan origination...

SALT LAKE CITY, April 26, 2021 (GLOBE NEWSWIRE) — Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a company focused on the outdoor and consumer industries, will hold a conference call on Monday, May 10, 2021, at 5:00 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2021. The financial results will be reported in a press release after the close of regular stock market trading hours on the same day as the conference call. Date: Monday, May 10, 2021Time: 5:00 p.m. Eastern time (3:00 p.m. Mountain time)Toll-free dial-in number: 1-877-511-3707International dial-in number: 1-786-815-8672Conference ID: 6477243 Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting...

First Quarter HighlightsTotal revenue of $287.8 million, up 15% year-over-year Billings of $276.7 million, up 16% year-over-year GAAP EPS of $(0.79) per share, Non-GAAP EPS of $0.49 per share Operating cash flow of $95.1 million and free cash flow of $88.5 millionSUNNYVALE, Calif., April 26, 2021 (GLOBE NEWSWIRE) — Proofpoint, Inc. (“the Company”) (NASDAQ: PFPT), a leading cybersecurity and compliance company, today announced financial results for the first quarter ended March 31, 2021. “Our first quarter results mark a strong start to the year after record revenues in fiscal year 2020,” stated Gary Steele, chief executive officer of Proofpoint. “These results are a testament to our focused execution and people-centric approach to threat protection, information protection and compliance, which is winning across our market. We...

DALLAS, April 26, 2021 (GLOBE NEWSWIRE) — Triumph Business Capital, a member of the Triumph Bancorp, Inc. (Nasdaq: TBK) group and provider of working capital financing solutions to small and medium-sized business, announced today the appointment of Amber Roy as chief operating officer. Roy will report to its chief executive officer, Geoff Brenner. As chief operating officer, Roy will be responsible for Triumph Business Capital’s day-to-day operations, ensuring the company delivers high quality services while being cost effective and maintaining a positive profit margin. Roy will lead all of Triumph Business Capital’s operational functions, including underwriting and customer experience. “With experience managing end-to-end strategy, analytics, customer service, mergers and acquisitions, and strategic partnerships, Amber...

SALT LAKE CITY, April 26, 2021 (GLOBE NEWSWIRE) — Overstock.com, Inc. (NASDAQ:OSTK), today announces it has closed its blockchain fund transaction with Pelion Venture Partners, a third-party venture capital firm with a proven track record of successfully investing in early stage companies. Overstock’s wholly owned blockchain-focused subsidiary, Medici Ventures, has been converted into a limited partnership (the “Fund”) and will be managed by Pelion MV GP, LLC, which will act as the general partner of the Fund. Overstock.com, Inc. is the sole limited partner of the Fund. As the limited partner, Overstock has committed $45 million over the eight-year life of the Fund. The Fund will return invested capital to Overstock first and then split profits on successful exits as set forth in the Fund’s Limited Partnership Agreement. The Fund...

NETANYA, Israel, April 26, 2021 (GLOBE NEWSWIRE) — RADA Electronic Industries Ltd. (NASDAQ: RADA & TASE: RADA) announced that it would be releasing its financial results for the first quarter of 2021 on Tuesday, May 11, 2021. The Company will host a conference call on the same day, starting at 9:00 am ET. Dov Sella, Chief Executive Officer and Avi Israel, Chief Financial Officer, will host the call and will be available to answer questions after presenting the results. To participate, please call one of the following telephone numbers a few minutes before the start of the call:US: 1-888-723-3164  at 9:00 am Eastern TimeIsrael: 03-918-0609 at 4:00 pm Israel TimeInternational: +972-3-918-0609   A live webcast of the conference call can be accessed on the RADA website at https://www.rada.com/corp/corporate-ir.html For...

Proofpoint Shareholders to Receive $176.00 Per Share in Cash Announces First Quarter Fiscal Year 2021 Financial Results SUNNYVALE, Calif. and SAN FRANCISCO, April 26, 2021 (GLOBE NEWSWIRE) — Proofpoint, Inc. (NASDAQ: PFPT) (the “Company”), a leading cybersecurity and compliance company, today announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading private equity investment firm focused on the software and technology-enabled services sector, in an all-cash transaction that values Proofpoint at approximately $12.3 billion. Under the terms of the agreement, Proofpoint shareholders will receive $176.00 per share in cash, representing a premium of approximately 34 percent over Proofpoint’s closing share price on April 23, 2021, the last full trading day prior to the transaction announcement,...

ENDEAVOUR PROVIDES NOTICE OF SHAREHOLDER MEETINGS George Town, April 26, 2021 – Endeavour Mining Corporation (the “Company”) (TSX: EDV) (OTCQX: EDVMF) provides notice that its 2021 Annual General Meeting (the “AGM”) will be held on May 25, 2021. The Company will also hold a Court Meeting and an Extraordinary General Meeting alongside its Annual General Meeting on May 25, 2021 with regards to the proposed listing on the London Stock Exchange. The Management Information Circular, which contains notice of the 2021 AGM, and the Scheme Circular, which contains the notices of the Court and the Extraordinary General Meetings, have been published today and sent to shareholders. Copies are available at www.endeavourmining.com. Shareholders are being asked to cast their votes at each of these three meetings. Shareholders should expect to receive...