Month: August 2021

Quarterly Sales of $257.9 million, EPS $0.16, Adjusted EPS $0.33 Estimated $129 million of Net New Annualized Business Secured Year to Date NEW ALBANY, Ohio, Aug. 03, 2021 (GLOBE NEWSWIRE) —  CVG (NASDAQ: CVGI), a diversified industrial products and services company, today announced financial results for its second quarter ended June 30, 2021. Second Quarter 2021 Highlights (Compared with prior-year period, where comparisons are noted)Revenue of $257.9 million, up 103.3% and up sequentially 5.2% from the record Q1 2021 revenue. The increase year over year is primarily driven by a very weak Covid impacted Q2 2020 comparable, new business wins in Warehouse Automation and demand growth in North American OEM truck. Operating Income of $16.3 million, up $26.8 million primarily due to a very weak Covid-impacted Q2 2020 comparable and...

BANNOCKBURN, Ill., Aug. 03, 2021 (GLOBE NEWSWIRE) — Option Care Health, Inc. (“Option Care Health” or the “Company”) (NASDAQ: OPCH) announced today that an affiliate of Madison Dearborn Partners (the “Selling Stockholder”) has agreed to sell 15,000,000 shares of the Company’s common stock in an underwritten public offering. The Selling Stockholder has also granted the underwriter a 30-day option to purchase up to 2,250,000 additional shares of common stock. The Company will not receive any proceeds from the offering. This sale of shares represents approximately 8.3% of the current shares outstanding (or9.6% assuming full exercise of the underwriter’s option to purchase additional shares). Upon completion of this offering, the Selling Stockholder’s interest in the Company will be reduced to 29.3% of the outstanding shares (or 28.1%...

Urges Stockholders to Vote the WHITE Proxy Card “FOR” the Equity Commonwealth Transaction HOLMDEL, N.J., Aug. 03, 2021 (GLOBE NEWSWIRE) — Monmouth Real Estate Investment Corporation (NYSE: MNR, “Monmouth” or “the Company”) today released an investor presentation highlighting the significant value and other benefits of the Company’s pending merger with Equity Commonwealth (NYSE: EQC, “EQC”). The presentation, which is on file with the Securities and Exchange Commission, is available on the investor relations page of Monmouth’s website at https://investors.mreic.reit/corporate-profile/default.aspx. As outlined in the presentation, the Monmouth Board is confident that the EQC transaction is the best option to maximize long-term value for stockholders. Highlights include:Robust strategic review process. The transaction is the culmination...

HAMILTON, BERMUDA, August 3, 2021 – DHT Holdings, Inc. (NYSE: DHT) (the “Company”) will release its second quarter 2021 results after market close on Monday August 9, 2021. The Company will host a conference call and webcast, which will include a slide presentation at 8:00 a.m. EST/14:00 CET on Tuesday August 10, 2021 to discuss the results for the quarter. The conference call may be accessed by calling +1 646 741 3167 within the United States, +47 21 56 30 15 within Norway and +44 (0) 207 192 8338 for international callers. The confirmation code is “9862427”. The webcast which will include a slide presentation will be available on the following link: https://edge.media-server.com/mmc/p/si5fhfd2 and can also be accessed in the Investor Relations section on DHT’s website at http://www.dhtankers.com. An audio replay of the conference...

BOSTON, Aug. 03, 2021 (GLOBE NEWSWIRE) — Paratek Pharmaceuticals, Inc. (Nasdaq: PRTK), a commercial-stage biopharmaceutical company focused on the development and commercialization of novel life-saving therapies for life-threatening diseases or other public health threats for civilian, government and military use, today announced that Adam Woodrow, President and Chief Commercial Officer, will participate in a panel discussion at the Wedbush PacGrow Healthcare Conference 2021. The discussion will take place on August 11, 2021 at 4:40 p.m. E.T. and focus on Infectious Personality: Challenges and Optimism in Infectious Diseases: A Discussion of Impactful Drug Development, Innovation, and Regulatory Trends in the Space. To access the live webcast of the discussion, please visit: https://wsw.com/webcast/wedbush39/panel26/2582096 Please...

LOWELL, Mass., Aug. 03, 2021 (GLOBE NEWSWIRE) — Rapid Micro Biosystems, Inc. (Nasdaq: RPID) (“Rapid Micro”), an innovative life sciences technology company providing mission critical automation solutions to facilitate the efficient manufacturing and fast, safe release of healthcare products, is pleased to welcome Melinda Litherland to its board of directors. Appointed to the board in June 2021, Litherland is a former partner and specialist in the Technology and Life Sciences industry groups of Deloitte & Touche LLP. She has more than 30 years of audit experience in service to companies ranging from emerging venture-backed clients to large multinationals. Litherland is a certified public accountant with a Bachelor of Arts degree in Economics from Rice University and a Master of Accounting degree from the Rice University Jones...

 Continued Quarterly Revenue Growth and Sequentially Improved Operations;Strong Beat to Consensus RevPAR;Acquired Baker’s Cay Resort Key Largo and a Luxury Downtown Hotel in Houston BETHESDA, Md., Aug. 03, 2021 (GLOBE NEWSWIRE) — Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation’s largest lodging real estate investment trust (“REIT”), today announced results for second quarter 2021. OPERATING RESULTS (unaudited, in millions, except per share and hotel statistics)    Quarter ended June 30,     Percent Change   Percent Change     Year-to-date ended June 30,     Percent Change   Percent Change    2021     2020     vs. Q2 2020   vs. Q2 2019(2)     2021     2020     vs. Q2 2020   vs. Q2 2019(2)  Revenues $ 649     $ 103       530.1 %   (56.2 )%   $ 1,048     $ 1,155       (9.3 )%   (63.5 )%All owned...

FRISCO, TX, Aug. 03, 2021 (GLOBE NEWSWIRE) — Comstock Resources, Inc. (“Comstock” or the “Company”) (NYSE: CRK) today reported financial and operating results for the quarter ended June 30, 2021. Highlights of 2021’s Second QuarterAdjusted net income to common stockholders was $55 million for the quarter or $0.22 per diluted share. Production averaged 1,387 MMcfe per day, comprised of 98% natural gas, and was 8% higher than the first quarter of 2021 and 6% higher than the second quarter of 2020. Average realized price, including hedging, was $2.57 per Mcfe compared to $1.96 per Mcfe in 2020’s second quarter. Revenues, including realized hedging losses, were $325 million, 40% higher than 2020’s second quarter. Adjusted EBITDAX was $251 million, 55% higher than 2020’s second quarter. Operating...