Ottawa Bancorp, Inc. Announces First Quarter 2021 Results

Written by Customer Service on May 5, 2021. Posted in Public Companies.

OTTAWA, Ill., May 05, 2021 (GLOBE NEWSWIRE) — Ottawa Bancorp, Inc. (the “Company”) (OTCQX: OTTW), the holding company for Ottawa Savings Bank, FSB (the “Bank”), announced net income of $0.6 million, or $0.20 per basic and diluted common share for the three months ended March 31, 2021, compared to net income of $0.1 million, or $0.029 per basic and diluted common share for the three months ended March 31, 2020. During the first quarter of 2021, the Company experienced an increase in loan originations which drove growth in the loan portfolio. The loan portfolio, net of allowance, increased to $270.8 million as of March 31, 2021 from $255.1 million as of December 31, 2020. Non-performing loans decreased slightly from $1.9 million at December 31, 2020 to $1.8 million at March 31, 2021, which caused the ratio of non-performing loans...

Alcanna Inc. Announces Timing of First Quarter 2021 Earnings Release

Written by Customer Service on May 5, 2021. Posted in Public Companies.

EDMONTON, Alberta, May 05, 2021 (GLOBE NEWSWIRE) — Alcanna Inc. (the “Company” or “Alcanna”) (TSX: CLIQ) today announced that it plans to release its first quarter 2021 financial results after markets close on May 17, 2021. Management of Alcanna and Nova Cannabis Inc. (“Nova”) (TSXV: NOVC), Alcanna’s majority owned subsidiary, will conduct a joint conference call on May 18, 2021 at 12:00p.m. ET (10:00a.m. MT) to discuss their respective financial results. To participate, please dial (416) 406-0743 or (800) 806-5484 and use the required participant access code: 3518326#. The playback will be made available approximately four hours after the event at (905) 694-9451 or (800) 408-3053, required access code: 1361632#. ABOUT ALCANNA INC. Alcanna is one of the largest private sector retailers of alcohol in North America and the largest...

CORRECTION — Accolade Announces Results for Fiscal Fourth Quarter and Full Year 2021

Written by Customer Service on May 5, 2021. Posted in Public Companies.

Fiscal fourth quarter 2021 revenue of $59.2 million, a 33% increase compared to fiscal fourth quarter 2020 revenue of $44.4 million Fiscal year 2021 revenue of $170.4 million, a 29% increase compared to fiscal year 2020 revenue of $132.5 million Initiates guidance for fiscal year 2022 revenue in the range of $260 million to $265 million, with Adjusted EBITDA in the range of $(38) million to $(42) million Acquisition of 2nd.MD and proposed acquisition of PlushCare increase addressable market to more than $200 billion SEATTLE, May 05, 2021 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by Accolade, Inc. (NASDAQ: ACCD) please note that the entire Consolidated Statements of Operations (unaudited) table has been replaced. The corrected release follows: Accolade, Inc. (NASDAQ: ACCD), the company...

CMC Materials Reports Record Revenue for the Second Quarter of Fiscal 2021 and Increases Full Year Guidance

Written by Customer Service on May 5, 2021. Posted in Public Companies.

Record Total Company Revenue of $290.5 Million, 2.2% Higher than Last Year and 0.9% Higher Sequentially Electronic Materials Segment Revenue of $242.5 million, 10.8% Higher than Last Year and 2.4% Higher Sequentially Expecting Total Company Revenue for Third Quarter Fiscal 2021 to be Up Mid to High Single Digits Sequentially Full Year Adjusted EBITDA Guidance Range Increased to Between $370 Million and $390 Million AURORA, Ill., May 05, 2021 (GLOBE NEWSWIRE) — CMC Materials, Inc. (Nasdaq: CCMP), a leading global supplier of consumable materials primarily to semiconductor manufacturers, today reported financial results for its second quarter of fiscal 2021, which ended March 31, 2021. “We are pleased to announce another quarter of record revenue driven by our continued technology leadership and execution, particularly in our...

Badger Daylighting Ltd. Changes Its Name to Badger Infrastructure Solutions Ltd.

Written by Customer Service on May 5, 2021. Posted in Public Companies.

CALGARY, Alberta, May 05, 2021 (GLOBE NEWSWIRE) — Badger Infrastructure Solutions Ltd. (formerly Badger Daylighting Ltd.) (the “Company” or “Badger”) (TSX: BAD) today announced that it has filed articles of amendment changing its corporate name to “Badger Infrastructure Solutions Ltd.”. The shareholder approval required to authorize the change in the Company’s name was obtained at the Company’s annual and special meeting of shareholders held earlier today. All materials necessary to effect the change in the Company’s name have been filed with the Toronto Stock Exchange (the “TSX”) and, subject to final approval being received from the TSX, it is expected that the Company’s common shares will commence trading under the new name on or about May 11, 2021 and under the trading symbol “BDGI”. No action is required by existing shareholders...

Acadian Timber Corp. Reports First Quarter Results and Management Team Changes

Written by Customer Service on May 5, 2021. Posted in Public Companies.

Investors, analysts and other interested parties can access Acadian Timber Corp.’s 2021 First Quarter Results via conference call or webcast on Thursday, May 6, 2021 at 1:00PM ET, please dial 1-866-795-3013 toll free in North America (Canada and the USA), or for overseas calls, please dial 1-409-937-8907 (Conference ID 2159638) at approximately 12:50PM ET. For those unable to participate, a taped rebroadcast will be available until 4:00 pm (Eastern Time) June 5, 2021. To access this rebroadcast, please dial 1-855-859-2056 or 1-404-537-3406 (Conference ID 8716267). EDMUNDSTON, N.B., May 05, 2021 (GLOBE NEWSWIRE) — Acadian Timber Corp. (“Acadian” or the “Company”) (TSX:ADN) today reported financial and operating results1 for the three months ended March 27, 2021 (the “first quarter”). Acadian generated $5.0 million of Free Cash...

Parex Announces Strong Q1 2021 Performance: Top Tier Balance Sheet, Industry Leading Netbacks and Free Cash Flow

Written by Customer Service on May 5, 2021. Posted in Public Companies.

CALGARY, Alberta, May 05, 2021 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT), a company headquartered in Calgary, Alberta that focuses on sustainable, conventional oil and gas production, is pleased to announce its unaudited financial and operating results for the three months ended March 31, 2021 (“First Quarter” or “Q1”). All amounts herein are in United States Dollars (“USD”) unless otherwise stated. 2021 First Quarter Highlights: Best-in-Class Balance Sheet Quarterly average production was 46,779 barrels of oil equivalent per day (“boe/d”) (consisting of 8,131 barrels per day (“bbls/d”) of light crude oil and medium crude oil, 36,948 bbls/d of heavy crude oil and 10,200 thousand cubic feet per day (“mcf/d’) of conventional natural gas), an increase of approximately...

LGI Homes Reports April 2021 Home Closings

Written by Customer Service on May 5, 2021. Posted in Public Companies.

THE WOODLANDS, Texas, May 05, 2021 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 948 homes in April 2021, up from 605 homes closed in April 2020, representing year-over-year growth of 56.7%. The Company ended the first four months of 2021 with 3,509 home closings, a 43.8% increase over 2,440 home closings during the first four months of 2020. As of April 30, 2021, the Company had 105 active selling communities. About LGI Homes, Inc. Headquartered in The Woodlands, Texas, LGI Homes, Inc. engages in the design, construction and sale of homes in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington, Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon, Nevada, West Virginia, Virginia and Pennsylvania. Since 2018, LGI Homes has been ranked as the 10th...

PHX Energy Announces Its Operating and Financial Results for the First Quarter of 2021

Written by Customer Service on May 5, 2021. Posted in Public Companies.

CALGARY, Alberta, May 05, 2021 (GLOBE NEWSWIRE) — Financial ResultsIn the first quarter of 2021, PHX Energy reported improved adjusted EBITDA as a percentage of revenue and earnings from continuing operations despite the ongoing effects of the COVID-19 pandemic. For the three-month period ended March 31, 2021, the Corporation achieved adjusted EBITDA from continuing operations of $14.5 million, 21 percent of revenue, compared to $19.3 million, 19 percent of revenue, in the corresponding 2020-period. Earnings from continuing operations in the three-month period ended March 31, 2021 increased to $5.3 million from a loss of $2.2 million in the 2020-quarter. The sustained cost discipline initiatives from the prior year and the positive impact of government grants contributed to the improved profitability and earnings in the first...

Silicon Motion Announces Results for the Period Ended March 31, 2021

Written by Customer Service on May 5, 2021. Posted in Public Companies.

Financial Highlights 1Q 2021 GAAP 1Q 2021 Non-GAAP • Net sales $182.4 million (+27% Q/Q, +37% Y/Y) $182.4 million (+27% Q/Q, +37% Y/Y) • Gross margin 50.0% 50.7% • Operating margin 24.3% 26.6% • Earnings per diluted ADS $0.98 $1.11 Business Highlights Achieved all-time record quarterly revenue and EPS Sales of SSD and eMMC+UFS controllers both reached record quarterly highs SSD controller sales increased 25% to 30% Q/Q and increased 45% to 50% Y/Y eMMC+UFS controller sales increased 30% to 35% Q/Q and increased 50% to 55% Y/Y SSD solutions sales increased 0% to 5% Q/Q and declined 40% to 45% Y/Y TAIPEI, Taiwan and MILPITAS, Calif., May 06, 2021 (GLOBE NEWSWIRE) — Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”) today announced its financial results for the quarter ended...

Day: May 5, 2021

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