Day: May 10, 2021

VANCOUVER, British Columbia, May 10, 2021 (GLOBE NEWSWIRE) — Finning International Inc. (TSX: FTT) (“Finning”, “the Company”, “we”, “our” or “us”) reported first quarter 2021 results today. All monetary amounts are in Canadian dollars unless otherwise stated. HIGHLIGHTSAll comparisons are to Q1 2020 results unless indicated otherwise.Q1 2021 EPS(1) of $0.43 represented a 30% increase from Q1 2020 and included $0.05 of Canada Emergency Wage Subsidy (“CEWS”) and $0.03 from the final return on our investment in Energyst. Q1 2021 Adjusted EPS(2)(3) was $0.35, up 6% from $0.33 in Q1 2020. Q1 2021 revenue of $1.6 billion and net revenue(2) of $1.5 billion were up 2% compared to Q1 2020, higher in all operations. An increase in new and used equipment sales was partly offset by lower product support revenue, mostly due to the impact...

GREENWOOD VILLAGE, Colo., May 10, 2021 (GLOBE NEWSWIRE) — Advanced Emissions Solutions, Inc. (NASDAQ: ADES) (the “Company” or “ADES”), the parent company of ADA-ES, Inc. and ADA Carbon Solutions, LLC (collectively, “ADA”), today announced that the Company has initiated a strategic review to assess a range of strategic alternatives to maximize shareholder value. “Due to our manufacturing assets, product and technology expertise, along with the strategic transactions completed during the last twelve months, we are in an advantaged positioned within the activated carbon market,” said Greg Marken, Interim Chief Executive Officer. “This unique position offers us the opportunity to evaluate the best use of our strategic assets. With our RC cash flows scheduled to cease at the end of this year and the...

Company reports improved performance in APT segment and updates forecast for expected future after-tax net RC cash flows to be between $50 million to $60 million GREENWOOD VILLAGE, Colo., May 10, 2021 (GLOBE NEWSWIRE) — Advanced Emissions Solutions, Inc. (NASDAQ: ADES) (the “Company” or “ADES”) today filed its Quarterly Report on Form 10-Q and reported financial results for the first quarter ended March 31, 2021, including information about its equity investments in Tinuum Group, LLC (“Tinuum Group”) and Tinuum Services, LLC (“Tinuum Services”) (collectively “Tinuum”), of which ADES owns 42.5% and 50%, respectively. Tinuum & Refined Coal (“RC”) HighlightsTinuum’s first quarter distributions to ADES totaled $23.3 million compared to $17.1 million in the prior...

INDIANAPOLIS, May 10, 2021 (GLOBE NEWSWIRE) — Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with renewable energy and specialty civil expertise, today announced its financial results for the quarter ended March 31, 2021. 2021 First Quarter HighlightsBacklog increased by $606.3 million during the quarter to a record amount of $2.7 billion; the Company expects to realize $1.9 billion of this backlog in the next 12 months. Revenue totaled $276.4 million, as compared to $358.2 million for last year’s first quarter. Operating loss of $(8.3) million, as compared to income of $3.6 million for last year’s first quarter. Net loss of $(20.4) million, or $(0.91) per diluted share, as compared to $(12.7) million, or $(0.66) per diluted share, for last year’s...

NEW YORK, May 10, 2021 (GLOBE NEWSWIRE) — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter ended March 31, 2021. FINANCIAL RESULTSAll amounts in $000’s except    per share amounts (on weighted average   basis for period numbers) Quarter Ended Quarter Ended Quarter EndedMarch 31, 2021 December 31, 2020 March 31, 2020       Net Investment Income (“NII”) $73,402 $81,561 $68,476Basic NII per Common Share $0.19 $0.21 $0.19Interest as % of Total Investment Income 87.5% 84.0% 89.8%       Net Income (Loss) attributable to Common Stockholders $246,008 $305,921 ($185,699)Basic Net Income (Loss) per Common Share $0.64 $0.80 ($0.51)       Distributions to Common Shareholders $69,603 $68,824 $66,192Distributions per Common Share $0.18 $0.18 $0.18       Since...

CONCORD, Calif., May 10, 2021 (GLOBE NEWSWIRE) — AssetMark Financial Holdings, Inc. (NYSE: AMK) released its “AssetMark Monthly Knowledge” Report today. Company highlights for the month of April 2021 include:Platform assets of $81.7 billion at the end of April, up 36.6% year-over-year. Net flows were $780 million in the month of April, up 88.4% year-over-year. AssetMark Trust Company client cash was $2.48 billion, down 18.4% year-over-year. Number of households increased 8.6% year-over-year to 193,325 at the end of April.                                                                 Change                                Mo. Yr.    Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21        PLATFORM METRICS                                  Platform Assets (in $B) 59.8 62.0 63.2 65.6 68.0 67.3 66.5 71.8 74.5 74.6 76.2 78.9 81.7   3.5 % 36.6 %  Net...

BATON ROUGE, La., May 10, 2021 (GLOBE NEWSWIRE) — Amedisys, Inc. (NASDAQ: AMED), one of America’s leading home health, hospice and personal care companies, today announced that Paul B. Kusserow, Chairman and Chief Executive Officer, and Chris Gerard, President and Chief Operating Officer, will present at the 2021 RBC Capital Markets Healthcare Conference on Tuesday, May 18, 2021. The presentation will begin at 1:20 p.m. Eastern Time. To access a live webcast of the Amedisys presentation, please log on through our website at http://investors.amedisys.com. About Amedisys: Amedisys, Inc. is a leading healthcare at home company delivering personalized home health, hospice and personal care. Amedisys is focused on delivering the care that is best for our patients, whether that is home-based personal care; recovery and rehabilitation...

Commercial Lender Builds on Outstanding 2020 Results NEW YORK, May 10, 2021 (GLOBE NEWSWIRE) — Ready Capital announced strong results for its Freddie Mac Small Balance Loan (SBL) business during the first quarter, extending into 2021 the increased volume of deals seen by the company in 2020. During the first quarter of 2021, Ready Capital closed 62 Freddie Mac SBL and small multifamily Bridge-to-Agency loans totaling $164 million in funding, with a pipeline of over $225 million. The recent quarter’s result builds on the company’s success during calendar year 2020, during which Ready Capital had closed 192 Freddie Mac SBL and small multifamily Bridge-to-Agency loans totaling $545 million in funding. “The market demand for the Freddie Mac SBL product continued to be elevated into the first quarter of 2021 with approximately $1.4...

SAN FRANCISCO, May 10, 2021 (GLOBE NEWSWIRE) — Metromile, Inc. (“Metromile”) (NASDAQ: MILE, MILEW), a leading digital insurance platform and pay-per-mile auto insurer, today announced it will release its first quarter 2021 results after the market closes on Monday, May 17, 2021. Metromile will hold a conference call to discuss results at 5:00 pm ET / 2:00 pm PT on that day. A live webcast of the conference call will be available on Metromile’s investor relations website at ir.metromile.com. The dial-in number for the conference call is (877) 407-0789 (toll-free) or (201) 689-8562 (international). Please dial the number 10 minutes prior to the scheduled start time. A webcast replay of the call will be available at ir.metromile.com for 90 days following the call. About Metromile Metromile (NASDAQ: MILE, MILEW) is a leading digital...

Q1 2021 Net Revenues Up 32.7% to $31.9 million Lease Merchandise, net, Up 31.4% at March 31, 2021 Compared With Prior Year BOCA RATON, Fla., May 10, 2021 (GLOBE NEWSWIRE) — FlexShopper, Inc. (Nasdaq:FPAY) (“FlexShopper”), a leading national online lease-to-own (“LTO”) retailer and LTO payment solution provider, today announced its financial results for the quarter ended March 31, 2021, highlighted by continued growth in lease activity from repeat customers, along with new customer additions. Results for Quarter Ended March 31, 2021 vs. Quarter Ended March 31, 2020:Total net revenues and fees increased 31.9% to $32.7 million from $24.8 millionOriginated 39,299 gross leases, up 8.7% from 36,153; average origination value increased to $532 from $475Gross lease originations increased $3.7 million, or 21.7%, to $20.9 million...