Day: July 29, 2021
Exhibit 99.1
CINCINNATI, July 29, 2021 (GLOBE NEWSWIRE) — The Hillman Companies, Inc. (NYSE-AMEX: HLM.PR) (the “Company” or “Hillman”) reported today selected financial results for the twenty-six weeks ended June 26, 2021.
Second Quarter 2021 HighlightsNet sales for the second quarter of 2021 increased 8.4% to $375.7 million as compared to prior year quarter net sales of $346.7 million
Operating income decreased 5.9% to $19.5 million compared to $20.7 million in the prior year second quarter
Adjusted EBITDA1 increased 4.6% to $64.5 million compared to $61.6 million in the prior year quarterYear-to-Date 2021 HighlightsNet sales for the twenty-six weeks ended June 26, 2021 increased 11.6% to $717.0 million as compared to $642.5 million in 2020
Operating income for the twenty-six weeks ended June 26, 2021 decreased 16.2% to...
XpresSpa Group to Provide Business Update and Announce Second Quarter 2021 Financial Results on August 16
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Webcast and Conference Call Scheduled for 4:30 PM ET
NEW YORK, July 29, 2021 (GLOBE NEWSWIRE) — XpresSpa Group, Inc. (Nasdaq: XSPA) (“XpresSpa” or the “Company”), a health and wellness company, today announced that it will provide a business update and report second quarter 2021 financial results on Monday, August 16, 2021 after the market close and file SEC Form 10-Q for the quarter-ending June 30, 2021. The announcement will be followed by a webcast and conference call at 4:30 p.m. ET.
The Company encourages investors and interested parties to listen via webcast as there is a limited capacity to access the conference call by dialing 1-412-317-6026.
The live and later archived webcast can be accessed from the Investor Relations section of the Company’s website at http://xpresspagroup.com. Visitors to the website should select...
Mammoth Energy Provides Status Update on PREPA Receivable
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OKLAHOMA CITY, July 29, 2021 (GLOBE NEWSWIRE) — On June 8, 2021, Mammoth Energy Services, Inc. (“Mammoth” or the “Company”) (NASDAQ:TUSK) announced that the Federal Emergency Management Agency (“FEMA”) released a Determination Memorandum dated May 26, 2021 related to hurricane repair work performed by Cobra Acquisitions LLC (“Cobra”) for the Puerto Rico Electric Power Authority (“PREPA”). The Determination Memorandum raised two contract compliance issues and, as a result, FEMA concluded that approximately $47 million in costs were not authorized costs under the contract. PREPA had 60 days from the receipt of FEMA’s Determination Memorandum to file an appeal.
On July 23, 2021, with aid from Mammoth, PREPA filed an appeal of the entire $47 million that FEMA de-obligated in the May 26, 2021 Determination Memorandum. FEMA has 90 days...
Matthews International Reports Results For Fiscal 2021 Third Quarter
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Financial Highlights:Record quarterly sales of $428.4 million; 19.2% increase over 3rd quarter last year
All segments report higher sales; businesses begin to see recovery from COVID impacts
Net income of $3.4 million ($0.10 per share); adjusted net income of $29.3 million ($0.91 per share)
Adjusted EBITDA of $60.0 million compared to $49.4 million a year ago; increase of 21.5%
Company further reduces net debt leverage ratio
Company raises fiscal 2021 outlookPITTSBURGH, July 29, 2021 (GLOBE NEWSWIRE) — Matthews International Corporation (NASDAQ GSM: MATW) today announced financial results for its third quarter of fiscal 2021 and nine months ended June 30, 2021.
In discussing the results for the Company’s fiscal 2021 third quarter, Joseph C. Bartolacci, President and Chief Executive Officer, stated:
“Our fiscal 2021 third quarter...
Seneca Resources Company and U.S. Well Services Announce All-Electric Well Completion Field Trial
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WILLIAMSVILLE, N.Y. , July 29, 2021 (GLOBE NEWSWIRE) — Today, Seneca Resources Company, LLC (“Seneca”), the Exploration and Production segment of National Fuel Gas Company (NYSE: NFG), and U.S. Well Services (NASDAQ: USWS) (“USWS”) announced their collaboration on an upcoming field trial using USWS’ Clean Fleet® technology to complete a six-well pad in Lycoming County, Pa., within Seneca’s Eastern Development Area. This field trial, which started in mid-July, represents Seneca’s first well completions using all-electric fracturing technology and is the latest example of Seneca’s focus on greenhouse gas emissions reductions. Results from the field trial are expected to be incorporated into Seneca’s ongoing, first-of-its-kind study of available low-carbon well-completion equipment, analyzing the emissions data from real-time well...
Flexion Therapeutics to Report Second-Quarter 2021 Financial Results on August 4, 2021
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BURLINGTON, Mass., July 29, 2021 (GLOBE NEWSWIRE) — Flexion Therapeutics, Inc. (Nasdaq:FLXN) today announced that it will report its second-quarter 2021 financial results after the close of the U.S. financial markets on Wednesday, August 4, 2021 at 4:30 p.m. ET.
A live webcast of the conference call can be accessed through the “Investors” tab on the Flexion Therapeutics website, and a replay will be available online after the call. For those planning to ask a question, the dial-in number for the conference call is 855-770-0022 for domestic participants and 908-982-4677 for international participants, with Conference ID # 3846257. Please dial in at least 15 minutes in advance to ensure a timely connection to the call.
About Flexion TherapeuticsFlexion Therapeutics (Nasdaq:FLXN) is a biopharmaceutical company focused on the development...
Haynes International, Inc. Reports Profitable Third Quarter Fiscal 2021 Financial Results
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Profitable third quarter results on volume sold of 3.7 million pounds and net revenue of $88.1 million, an increase of 7.4% compared to net revenues of $82.1 million for the second quarter of fiscal 2021.
Gross margin percentage improved 530 basis points to 15.5% in the third quarter of fiscal 2021 from 10.2% in the second quarter of fiscal 2021. Third quarter net income of $0.4 million, or $0.03 per diluted share, compared to a net loss of $(3.6) million, or $(0.29) per diluted share, in the second quarter of fiscal 2021.
Cash on the balance sheet of $74.2 million at June 30, 2021 with an increase in cash of $4.3 million in the third quarter of fiscal 2021 resulting in a total net cash increase of $51.8 million since March 31, 2020. Strong total liquidity of $174.2 million with $100.0 million available on the undrawn credit facility.
Previously...
MarketWise Announces Second Quarter 2021 Financial Results Release Date and Conference Call
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BALTIMORE, July 29, 2021 (GLOBE NEWSWIRE) — MarketWise, Inc. (NASDAQ: MKTW) (the “Company”), formerly known as Beacon Street Group, LLC, a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for self-directed investors, today announced that its second quarter 2021 financial results will be released before the market open on Thursday, August 12, 2021. The Company will host a conference call at 11:00 a.m. Eastern Time on the same day to discuss the financial results.
The conference call can be accessed live by dialing 1-877-407-4018 or for international callers, 1-201-689-8471, and requesting to be joined to the MarketWise Second Quarter 2021 Earnings Conference Call. A replay will be available starting at 2:00 p.m. (Eastern Time) on August 12, 2021 and...
Kinsale Capital Group, Inc. Reports 2021 Second Quarter Results
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RICHMOND, Va., July 29, 2021 (GLOBE NEWSWIRE) — Kinsale Capital Group, Inc. (Nasdaq: KNSL) reported net income of $35.6 million, $1.55 per diluted share, for the second quarter of 2021 compared to $30.3 million, $1.33 per diluted share, for the second quarter of 2020. Net income was $67.7 million, $2.94 per diluted share, for the first half of 2021 compared to $35.3 million, $1.56 per diluted share, for the first half of 2020.
Net operating earnings(1) were $29.4 million, $1.28 per diluted share, for the second quarter of 2021 compared to $19.1 million, $0.84 per diluted share, for the second quarter of 2020. Net operating earnings(1) were $54.9 million, $2.38 per diluted share, for the first half of 2021 compared to $36.4 million, $1.60 per diluted share, for the first half of 2020.
Highlights for the quarter included:Net income...
CTO Realty Growth Reports Second Quarter 2021 Operating Results
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DAYTONA BEACH, Fla., July 29, 2021 (GLOBE NEWSWIRE) — CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced its operating results and earnings for the quarter ended June 30, 2021.
Select HighlightsReported a Net Loss per diluted share of ($0.63) for the quarter ended June 30, 2021.
Reported FFO and AFFO per diluted share of $0.83 and $1.07, respectively, for the quarter ended June 30, 2021.
Paid a cash dividend for the second quarter of 2021 of $1.00 per share on June 30, 2021 to stockholders of record as of June 21, 2021.
During the second quarter of 2021, acquired one multi-tenant, mixed use income property for $72.5 million.
During the second quarter of 2021, disposed of eight single tenant income properties for a total disposition volume of $60.7 million, representing a weighted average exit cap rate...