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Day: October 29, 2021

NFI subsidiary ADL invited by UK Government to show its market-leading, electric, zero-emission double-deck bus in COP26 Blue Zone

NFI ADL zero emission electric bus in COP26 Blue ZoneNFI subsidiary ADL invited by UK Government to show market-leading zero-emission double deck bus in COP26 Blue ZoneLARBERT, Scotland, Oct. 29, 2021 (GLOBE NEWSWIRE) — (TSX: NFI, OTC: NFYEF) NFI Group Inc. (“NFI”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today announced that its subsidiary Alexander Dennis Limited (“ADL”), is showcasing one of its electric, zero-emission, double-deck buses at the 26th United Nations (“UN”) Climate Change Conference of the Parties (“COP26”) in Glasgow, Scotland. The bus, a BYD ADL Enviro400EV double decker that has been kindly lent by bus operator National Express from its West Midlands fleet, is located inside the security-controlled Blue Zone, where negotiations between...

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Glatfelter Completes Acquisition of Jacob Holm

Acquisition Adds Scale, Diversifies Portfolio and Strengthens Glatfelter’s Position as a Leading Global Engineered Materials Company CHARLOTTE, N.C., Oct. 29, 2021 (GLOBE NEWSWIRE) — Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, today announced it has completed the previously disclosed acquisition of Jacob Holm for aggregate consideration of approximately $302 million including the extinguishment of Jacob Holm’s existing debt and other adjustments. This transaction was funded through a new $500 million senior unsecured notes issuance. The addition of Jacob Holm will meaningfully increase Glatfelter’s scale and diversification into attractive and complementary product categories with high-performing and innovative spunlace nonwoven technologies and advanced plant-based sustainable solutions...

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Cowen Announces Financial Results for Third Quarter 2021

Reports 3Q21 GAAP Net Income to common stockholders of $36.1 million, or $1.10 per diluted share Economic Operating Income of $43.3 million, or $1.32 per diluted share (Non-GAAP) Record quarter for Capital Markets Advisory and M&A Advisory Record share repurchases of $52.4 million, maintained $0.10 per share quarterly cash dividend Earnings call today at 9am ET. Dial-in: 855-760-0961 or 631-485-4850 Passcode: 1874925NEW YORK, Oct. 29, 2021 (GLOBE NEWSWIRE) — Cowen Inc. (NASDAQ: COWN) (“Cowen” or “the Company”) today announced its operating results for the third quarter ended September 30, 2021. Jeffrey M. Solomon, Chair and Chief Executive Officer of Cowen, said, “Our record M&A advisory and capital markets advisory revenues, along with the resilience of our markets business, are clear demonstrations of the...

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Balchem Corporation Reports Record Third Quarter Sales of $197.9 Million, Net Earnings of $25.0 Million, GAAP EPS of $0.77, and Adjusted EPS of $0.92

NEW HAMPTON, N.Y., Oct. 29, 2021 (GLOBE NEWSWIRE) — Balchem Corporation (NASDAQ: BCPC) reported today record third quarter net earnings of $25.0 million for 2021, compared to net earnings of $21.6 million for the third quarter 2020, record third quarter adjusted net earnings(a) of $30.0 million, compared to $26.9 million in the prior year quarter, and record third quarter adjusted EBITDA(a) of $48.3 million, compared to $44.4 million in the prior year quarter. Third Quarter 2021 Financial Highlights:Net sales were $197.9 million, an increase of $22.7 million, or 13.0%, compared to the prior year quarter, with record third quarter sales in all three segments: Human Nutrition and Health, Animal Nutrition and Health, and Specialty Products. Adjusted EBITDA was $48.3 million, an increase of $3.9 million, or 8.8%, from the prior year. GAAP...

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IRADIMED CORPORATION Announces Third Quarter 2021 Financial Results

Reports third quarter 2021 revenue of $10.9 million, GAAP diluted EPS of $0.20 and non-GAAP diluted EPS of $0.23 Increases full-year 2021 financial guidanceWINTER SPRINGS, Fla., Oct. 29, 2021 (GLOBE NEWSWIRE) — IRADIMED CORPORATION (the “Company”) (NASDAQ: IRMD), a leader in the development of innovative magnetic resonance imaging (“MRI”) medical devices and the only known provider of a non-magnetic intravenous (“IV”) infusion pump system, and non-magnetic patient vital signs monitoring systems that are designed for use during MRI procedures, today announced financial results for the three and nine months ended September 30, 2021. “I am pleased with these financial results and continue to be proud of our performance and resiliency in an everchanging environment marked by the continued uncertainties of COVID. With these financial...

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WisdomTree Announces Third Quarter 2021 Results – Diluted Earnings Per Share of $0.04 ($0.10, as adjusted)

NEW YORK, Oct. 29, 2021 (GLOBE NEWSWIRE) — WisdomTree Investments, Inc. (NASDAQ: WETF) today reported financial results for the third quarter of 2021. $5.8 million of net income ($16.31 million net income, as adjusted), see “Non-GAAP Financial Measurements” for additional information. $72.8 billion of ending AUM, a decrease of 1.6% arising from market depreciation, partly offset by net inflows. $0.5 billion of net inflows, primarily driven by inflows into our international developed market equity and U.S. equity products. 0.41% average global advisory fee, an increase of 1 basis point due to AUM mix shift. $78.1 million of operating revenues, an increase of 3.1% due to higher average AUM and a higher average global advisory fee.         80.6% gross margin1, essentially unchanged from the previous quarter. 31.0% operating income...

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Athira Pharma to Host Educational Webinar on the Clinical Applications of ERP P300

Neurologist Dr. John Michael Olichney to discuss utility of P300 to assess cognitive function Webinar to be held Friday, Nov. 5, at 9 a.m. PT / 12 p.m. ETBOTHELL, Wash., Oct. 29, 2021 (GLOBE NEWSWIRE) — Athira Pharma, Inc. (NASDAQ: ATHA), a late clinical-stage biopharmaceutical company focused on developing small molecules to restore neuronal health and stop neurodegeneration, today announced it will host an educational webinar to review event-related potential (ERP) P300 latency as a functional measure of working memory processing speed, and its correlation to cognition. The webinar will be webcast live on Friday, Nov. 5, at 9 a.m. PT / 12 p.m. ET, and will feature presentations by:John Michael Olichney, M.D., a board-certified behavioral neurologist who specializes in the treatment of cognitive disorders and age-associated...

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Nobel Commences Trading on the OTCQB in the United States and Grants Stock Options

TORONTO, Oct. 29, 2021 (GLOBE NEWSWIRE) — Nobel Resources Corp. (TSX – V: NBLC) (the “Company” or “Nobel”) is pleased to announce that effective October 29, 2021 its common shares commenced trading on the OTCQB Venture Market (the “OTCQB”) in the United States under the stock symbol “NBTRF”. The OTCQB is a U.S. trading platform that is operated by the OTC Markets Group in New York, and is the premiere marketplace for early-stage and developing U.S. and international companies. Participating companies must be current in their reporting and undergo an annual verification and management certification process. The OTCQB Venture quality standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors. Investors can find real-time quote and market...

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First National Corporation Reports Third Quarter 2021 Financial Results

STRASBURG, Va., Oct. 29, 2021 (GLOBE NEWSWIRE) — First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”), reported unaudited consolidated net income of $2.4 million, or $0.38 per diluted share for the third quarter of 2021, which resulted in return on average assets of 0.71% and return on average equity of 8.64%. This compares to net income of $1.8 million, or $0.36 per diluted share, and return on average assets of 0.74% and return on average equity of 8.52% for the third quarter of 2020. Net income for the third quarter of 2021 included $1.3 million of merger related expenses from the Company’s acquisition of The Bank of Fincastle (the “Merger”), which was consummated on July 1, 2021. In addition, there was no provision for loan losses in the third quarter...

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Nexters strengthens its platform diversification with Throne Rush web release

LIMASSOL, Cyprus., Oct. 29, 2021 (GLOBE NEWSWIRE) — Nexters (Nasdaq: GDEV), an international game development company which strives to introduce the joy of core gaming experiences to casual players, released a web version of its Throne Rush game at https://throne-rush.com to further diversify on different platforms with the aim to decrease the blended platform commission. In the first half of 2021, the desktop versions of Nexters’ games showed considerable growth. The company’s bookings on desktop, which includes social and web versions of games, have grown by 91% year on year, driven by rapid expansion of the web. The share of desktop in the company’s bookings has reached 33% which gave rise to a reduction in the blended platform commission as a percentage of bookings by approximately 3% year on year. “Throne Rush was one of our...

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