Root, Inc. Announces 2021 Second Quarter Results

Written by Customer Service on August 11, 2021. Posted in Earnings Releases And Operating Results.

COLUMBUS, Ohio, Aug. 11, 2021 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced financial results for the quarter ended June 30, 2021. Root’s second quarter financial results and management commentary can be found by accessing the shareholder letter posted to the company’s investor relations website at ir.joinroot.com. Root will host a conference call and earnings webcast to discuss the results tomorrow, Thursday, August 12, at 8:00 a.m. Eastern Time, and to provide an update on company operations. To listen to the live audio webcast, please visit the News & Events section of Root’s Investor Relations website at ir.joinroot.com. A replay will be available on the same website following the call. Webcast and Conference Call Details Date: August 12, 2021 Time: 8:00...

Mandalay Resources Corporation Announces Financial Results for the Second Quarter of 2021

Written by Customer Service on August 11, 2021. Posted in Earnings Releases And Operating Results.

TORONTO, Aug. 11, 2021 (GLOBE NEWSWIRE) — Mandalay Resources Corporation (“Mandalay” or the “Company”) (TSX: MND, OTCQB: MNDJF) is pleased to announce its financial results for the quarter ended June 30, 2021. The Company’s condensed and consolidated interim financial results for the quarter ended June 30, 2021, together with its Management’s Discussion and Analysis (“MD&A”) for the corresponding period, can be accessed under the Company’s profile on www.sedar.com and on the Company’s website at www.mandalayresources.com. All currency references in this press release are in U.S. dollars except as otherwise indicated. Second Quarter 2021 Highlights: Quarterly revenue of $51.4 million – second highest since Q2 2016; Adjusted EBITDA of $23.1 million; $12.7 million free cash flow and $26.6 million in net...

WPT Industrial REIT Announces Second Quarter 2021 Results

Written by Customer Service on August 11, 2021. Posted in Earnings Releases And Operating Results.

TORONTO, Aug. 11, 2021 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U; WIR.UN; OTCQX: WPTIF) announced today its results for the three and six months ended June 30, 2021. All dollar amounts are stated in U.S. funds. Highlights for the three months ended June 30, 2021: FFO per Unit and AFFO per Unit increased 17.5% and 28.8% over the same period last year Generated $1.2 million of private capital fee revenue Collected 99.8% of billed rent for the quarter Same properties NOI increased 3.5% Contributed an industrial land parcel in Southern California into a joint venture for net cash proceeds of $15.5 million and acquired a $10.1 million property in Charlotte, North Carolina which the REIT intends to contribute into a joint venture Leverage, measured as Debt-to-assets, decreased to 39.1% and...

Crown Point Announces Operating and Financial Results for the Three and Six Months Ended June 30, 2021

Written by Customer Service on August 11, 2021. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, Aug. 11, 2021 (GLOBE NEWSWIRE) — TSX-V: CWV: Crown Point Energy Inc. (“Crown Point”, the “Company” or “we“) today announced its operating and financial results for the three and six months ended June 30, 2021. Copies of the Company’s June 30, 2021 unaudited condensed interim consolidated financial statements and management’s discussion and analysis (“MD&A”) filings are being filed with Canadian securities regulatory authorities and will be made available under the Company’s profile at www.sedar.com and on the Company’s website at www.crownpointenergy.com. All dollar figures are expressed in United States dollars (“USD”) unless otherwise stated. References to “ARS” are to Argentina Pesos. In the following discussion, the three and the six months ended June 30, 2021 may be...

SmartCentres Real Estate Investment Trust Releases Second Quarter Results for 2021

Written by Customer Service on August 11, 2021. Posted in Earnings Releases And Operating Results.

Maintained $1.85 per unit annualized distribution; Portfolio continues to provide recurring income with an occupancy rate of 97.1%; Non-retail pipeline reaches 55 million square feet across the network (inclusive of partners’ share); Average collection levels across the portfolio approximate 95% for the quarter; Approximately 70% of the 631 unit presold condominium units at Transit City 3 closed during the quarter generating FFO of $12.9 million ($0.07 per Unit), the remaining units closed subsequent to quarter end; ACFO Payout Ratio declines to 84.5%; and Strong debt metrics continue, including Debt to Total Assets of 44.6%, Interest Coverage Ratio net of capitalized interest multiple of 3.8X, and Adjusted Debt to Adjusted EBITDA multiple of 8.2X. TORONTO, Aug. 11, 2021 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment...

Maxim Power Corp. Announces 2021 Second Quarter Financial and Operating Results

Written by Customer Service on August 11, 2021. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, Aug. 11, 2021 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today the release of financial and operating results for the second quarter ended June 30, 2021. The unaudited condensed consolidated interim financial statements, accompanying notes and Management’s Discussion and Analysis (“MD&A”) will be available on SEDAR and on MAXIM’s website on August 11, 2021. All figures reported herein are Canadian dollars unless otherwise stated. FINANCIAL HIGHLIGHTS Three Months EndedJune 30, Six Months Ended June 30, ($ in thousands except per share amounts) 2021 2020 2021 2020 Revenue 44,342 4,460 74,372 11,718 Adjusted EBITDA (1) 21,441 (1,589 ) 30,864 606 Net income (loss) 29,589 (1,167 ) 56,015 (161 ) Net income...

Surrozen Debuts as Publicly Traded Leader in Wnt Biology and Tissue Regeneration

Written by Customer Service on August 11, 2021. Posted in Public Companies.

Common stock and warrants to commence trading on Nasdaq on August 12, 2021 under the ticker symbols SRZN and SRZNW SOUTH SAN FRANCISCO, Calif., Aug. 11, 2021 (GLOBE NEWSWIRE) — Surrozen, Inc. (“Surrozen”), a company pioneering targeted therapeutics that selectively activate the Wnt pathway for tissue repair and regeneration, today announced the completion of its business combination with Consonance-HFW Acquisition Corp. (“Consonance-HFW”), a special purpose acquisition company (“SPAC”) sponsored by entities affiliated with Consonance Capital Management. The resulting combined company will commence trading its shares on Nasdaq under the ticker symbol “SRZN” and its warrants under the ticker symbol “SRZNW” on August 12, 2021. The shareholders of Consonance-HFW approved the transaction at an extraordinary general meeting held on...

Media Central Corporation Announces That Creator News Is Live

Written by Customer Service on August 11, 2021. Posted in Public Companies.

TORONTO, Aug. 11, 2021 (GLOBE NEWSWIRE) — Media Central Corporation, Inc. (CSE: FLYY, FSE:3AT) or (the “Company”) today announced that Creator News, a new global, non-political and stress-free aggregated content website in which it owns a 25 percent equity interest, is live (www.creatornews.com). The Company announced in a June 18, 2021 Press Release that it had entered into an agreement with Creator News, Inc. (“Creator News”) to license its proprietary platform and the content produced by NOW Magazine, Georgia Straight, CannCentral and eCentral Sports. Media Central will earn 20 percent of the revenue Creator News generates determined by the percentage of page views its titles generate. Creator News has entered into similar licensing agreements with non-Media Central Corporation holdings on the same terms and will continue to...

NIO Inc. Reports Unaudited Second Quarter 2021 Financial Results

Written by Customer Service on August 11, 2021. Posted in Earnings Releases And Operating Results.

Quarterly Total Revenues reached RMB8,448.0 million (US$1,308.4 million)iQuarterly Deliveries of the ES8, the ES6 and the EC6 were 21,896 vehicles SHANGHAI, China, Aug. 11, 2021 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer and a leading company in the premium smart electric vehicle market in China, today announced its unaudited financial results for the second quarter ended June 30, 2021. Operating Highlights for the Second Quarter 2021 Deliveries of vehicles were 21,896 in the second quarter of 2021, including 4,433 ES8s, 9,935 ES6s and 7,528 EC6s, representing an increase of 111.9% from the second quarter of 2020 and an increase of 9.2% from the first quarter of 2021. Key Operating Results 2021 Q2 2021 Q1 2020 Q4 2020 Q3 Deliveries 21,896 20,060 17,353 12,206 2020 Q2 2020...

Natural Gas Services Group, Inc. Reports Second Quarter 2021 Financial and Operating Results

Written by Customer Service on August 11, 2021. Posted in Earnings Releases And Operating Results.

Midland, tX, Aug. 11, 2021 (GLOBE NEWSWIRE) — Second Quarter 2021 Highlights Rental revenue of $15.6 million, an increase of 2% when compared to the first quarter of 2021 and 3% when compared to the second quarter of 2020. 80 new compression units set during the second quarter of 2021, including a record 28 large horsepower units. Net loss of $1.9 million ($0.14 loss per basic and diluted share) a reduction of $1.5 million when compared to the first quarter of 2021 and $2.1 million when compared to the second quarter of 2020. Adjusted EBITDA of $4.5 million. Please see Non-GAAP Financial Measures – Adjusted EBITDA, below. During the six months ended June 30, 2021, the Company repurchased 175,007 shares of common stock (approximately 1.3% of shares outstanding), with a value of approximately $1.9 million, at an average purchase...

Day: August 11, 2021

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