Day: July 15, 2021

HOMB Continues Stable Performance in Second Quarter Delivering Record Net Income Through First Six Months of 2021

Written by Customer Service on July 15, 2021. Posted in Earnings Releases And Operating Results.

CONWAY, Ark., July 15, 2021 (GLOBE NEWSWIRE) — Home BancShares, Inc. (NASDAQ GS: HOMB), parent company of Centennial Bank, released quarterly earnings today. Highlights of the Second Quarter of 2021:Metric Q2 2021 Q1 2021 Q4 2020 Q3 2020 Q2 2020Net Income $79.1 million $91.6 million $81.8 million $69.3 million $62.8 millionTotal Revenue (net) $172.4 million $193.4 million $181.9 million $176.1 million $173.7 millionIncome (loss) before income taxes $104.1 million $120.5 million $107.7 million $90.4 million $82.1 millionPre-tax, pre-provision, net income (PPNR) (non-GAAP)(1) $99.4 million $120.5 million $107.7 million $104.4 million $102.7 millionPre-tax net income to total revenue (net) 60.42% 62.32% 59.19% 51.32% 47.25%P5NR (Pre-tax, pre-provision, profit percentage) (PPNR to total revenue (net)) (non-GAAP)(1) 57.66% 62.32% 59.19% 59.28% 59.15%ROA 1.81% 2.22% 1.97% 1.66% 1.55%NIM 3.61% 4.02% 4.00% 3.92% 4.11%NIM,...

The Glimpse Group Announces Multiyear Virtual Reality Software License and Services Partnership with Edstutia

Written by Customer Service on July 15, 2021. Posted in Public Companies.

Adept XR, a Glimpse subsidiary company, partners with Edstutia to Launch Immersive VR Campus for Higher Education NEW YORK, NY, July 15, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Adept XR, a wholly owned subsidiary of The Glimpse Group, Inc. (NASDAQ: VRAR; “Glimpse”), and a provider of Virtual Reality (VR) and Augmented Reality (AR) corporate learning and training software & services solutions, today announced a multiyear, six figure software license and services relationship with online modular higher education alternative company, Edstutia. By leveraging Adept XR’s (https://adeptxr.com/) VR software platform – Elevate – Edstutia plans to build a unique, first of its kind, immersive VR campus to enhance learning experiences, presentations, classroom discussions, as well as immersive video “road trips”...

MKS Instruments Announces Closing of Photon Control Acquisition

Written by Customer Service on July 15, 2021. Posted in Mergers And Acquisitions.

Expands Technology Solutions for Key Customers in Semiconductor Market   Acquiring a Leader in Optical Sensors for Temperature Control used in Semiconductor Wafer Fabrication   Enhances the MKS Surround the Chamber® Portfolio  ANDOVER, Mass., July 15, 2021 (GLOBE NEWSWIRE) — MKS Instruments, Inc. (NASDAQ: MKSI) (“MKS”), a global provider of technologies that enable advanced processes and improve productivity, today announced the completion of its previously announced acquisition of Photon Control Inc. (TSX:PHO). “We anticipate the acquisition will further advance the MKS strategy to enhance our Surround the Chamber® offering by adding optical sensors for temperature control for critical etch and deposition applications in semiconductor wafer fabrication,” said MKS President and CEO John T.C. Lee. “In addition, Photon...

Photon Control Completes Acquisition by MKS Instruments

Written by Customer Service on July 15, 2021. Posted in Mergers And Acquisitions.

VANCOUVER, British Columbia, July 15, 2021 (GLOBE NEWSWIRE) — Photon Control Inc. (“Photon Control” or the “Company”) (TSX: PHO), a leading developer and supplier of optical measurement technologies and systems, is pleased to announce that it has completed its previously announced plan of arrangement (the “Arrangement”) with MKS Instruments, Inc. (“MKS”). Under the Arrangement, MKS, through its wholly-owned subsidiary 1302998 B.C. Ltd. (“B.C. Ltd.”), has acquired all of the issued and outstanding shares (the “Shares”) of Photon Control in exchange for $3.60 in cash per Share, without interest and less applicable withholding taxes (the “Consideration”). As a result of the Arrangement, Photon Control has become a wholly-owned subsidiary of B.C. Ltd. The Arrangement was previously approved by Photon Control securityholders at the...

AllCloud Boosts Data Management and Analytics Capabilities with Acquisition of Integress

Written by Customer Service on July 15, 2021. Posted in Mergers And Acquisitions.

DENVER, July 15, 2021 (GLOBE NEWSWIRE) — AllCloud, a leading cloud professional services company, has acquired Integress, a data analytics company, to extend its expertise across cloud data and analytics and further accelerate its clients’ cloud journeys. Integress founder and CEO, Dave Taddei, is joining AllCloud as SVP, Data and Analytics Practice, North America. Terms of the deal are not being disclosed. AllCloud is an Amazon Web Services (AWS) Premier Consulting Partner and a Salesforce Platinum Partner. The firm also has an established data and analytics practice in Europe, the Middle East and Africa. The acquisition of Integress enables AllCloud to expand its AWS and Salesforce-centric data and analytics capabilities in North America. As AllCloud clients worldwide evolve and grow along their cloud journeys, increasingly they...

GTX Corp Recognized as the 10 Most Innovative Companies to Watch in 2021 and Profiled on Findit.com

Written by Customer Service on July 15, 2021. Posted in Public Companies.

LOS ANGELES CALIFORNIA, July 15, 2021 (GLOBE NEWSWIRE) — GTX Corp (OTC: GTXO) (“the Company”), a pioneer in the fields of: health & safety wearable GPS human and asset tracking systems and personal protective medical equipment and supplies, today announced being nominated as The 10 Most Innovative Companies to watch in 2021 by CIO Views Magazine Special Edition, along with being profiled on Findit.com Propelling innovative technology to deliver real-time location-based solutions, CIO Views Magazine July 2021 Special Edition Cover Story has recognized GTX Corp as one of The 10 Most Innovative Companies to Watch in 2021. In this month’s special listing, CIO Views captures the success of the Company that was achieved with passion and excellence influencing our generation with a true spirit of innovation. GTX has also been profiled...

Progressive Reports June 2021 Results

Written by Customer Service on July 15, 2021. Posted in Earnings Releases And Operating Results.

MAYFIELD VILLAGE, OHIO, July 15, 2021 (GLOBE NEWSWIRE) — The Progressive Corporation (NYSE:PGR) today reported the following results for June 2021 and the second quarter of 2021: June Quarter (millions, except per share amounts and ratios; unaudited) 2021 2020 Change 2021 2020 Change Net premiums written $ 3,627.3 $ 3,201.6 13 % $ 11,480.3 $ 10,140.0 13 %Net premiums earned $ 3,459.9 $ 3,023.1 14 % $ 10,982.3 $ 9,648.6 14 %Net income $ 132.8 $ 470.9 (72) % $ 790.1 $ 1,790.4 (56) %Per share available to common shareholders $ 0.22 $ 0.80 (72) % $ 1.34 $ 3.04 (56) %Total pretax net realized gains (losses) on securities $ 124.2 $ 142.9 (13) % $ 461.8 $ 890.8 (48) %Combined ratio 100.5 86.9 13.6 pts. 96.5 87.7 8.8 pts.Average...

Mobix Labs to Acquire Cosemi Technologies

Written by Customer Service on July 15, 2021. Posted in Mergers And Acquisitions.

Combined IP Bridges the Gap Between Wired and Wireless Connectivity to Offer True Xero™ Latency Solutions for 5G mmWave Networks and Other Applications Cosemi Founder and CEO Nguyen X. Nguyen, Ph.D., to Join Mobix Board of Directors IRVINE, Calif., July 15, 2021 (GLOBE NEWSWIRE) — Mobix Labs Inc., a fabless RF (radio frequency) component company focused on next-generation wireless technologies, today announced it has acquired all of the assets and intellectual property (IP) of Cosemi Technologies Inc., an Irvine, Calif.-based global leader in innovative, high-speed connectivity solutions. Terms of the transaction were not disclosed. Cosemi’s IP and patent portfolio include a broad range of hybrid active optical cables (AOCs), optical transceivers and optical engines that deliver unparalleled, latency-free connectivity to a wide...

BioCardia Announces Japanese Patent on Imaging System for Targeting Cardiac Therapies

Written by Customer Service on July 15, 2021. Posted in Public Companies.

SAN CARLOS, Calif., July 15, 2021 (GLOBE NEWSWIRE) — BioCardia®, Inc. [Nasdaq: BCDA], a company focused on cellular and cell-derived therapeutics for the treatment of cardiovascular and pulmonary diseases today announces that the Japan Patent Office has granted Patent No: 6887216 titled, “Target Site Selection, Entry, and Update With Automatic Remote Image Annotation” with a patent term that will expire on January 8, 2034. “This patent describes advances for image guided delivery of treatments for the heart, describing how procedures using interventional biotherapeutic delivery technologies to deliver biologics to specific target sites in the heart may be expected to be performed in the near future. The patented imaging system is designed to enable physicians to bring a previously obtained three-dimensional image of a patient’s...

Slinger Welcomes Canadian Tennis Star Genie Bouchard as its Newest Brand Ambassador

Written by Customer Service on July 15, 2021. Posted in Public Companies.

Slinger Bag Inc.Genie Bouchard Slinger Brand AmbassadorThe first Canadian-born Grand Slam finalist and formerly ranked No. 5 player in the world, Bouchard joins Slinger Bag’s growing ambassador team of star players, coaches and legends from the sport BALTIMORE, July 15, 2021 (GLOBE NEWSWIRE) — Slinger Bag Inc. (OTCQB: SLBG), a sports brand focused on innovating game improvement technology and equipment, with the vision to become a connected sports company, today welcomes Eugenie Bouchard to its brand ambassador program, where she joins the likes of Tommy Haas, Mike and Bob Bryan, Nick Bollettieri, Patrick Mouratoglou and Darren Cahill. Bouchard was the first Canadian-born player to reach the final of a Grand Slam in singles at the 2014 Wimbledon Championships, and was also the first Canadian tennis player to be...

Day: July 15, 2021

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals