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Day: November 1, 2021

BM Technologies to Announce Q3 2021 Earnings and Host Webcast

RADNOR, PA, Nov. 01, 2021 (GLOBE NEWSWIRE) — BM Technologies, Inc. (NYSE American: BMTX), one of the largest digital banking platforms in the country, will release its Q3 2021 earnings before the market opens on November 15, 2021. The company will host a live webcast to discuss the earnings on November 15, 2021 at 9am EDT. The live webcast of the call can be accessed at BMTX 3Q21 Earnings Webcast, as well as on the company’s investor relations website at https://ir.bmtxinc.com/events-and-presentations/events-calendar/default.aspx About BM Technologies, Inc. BM Technologies, Inc. (NYSE American: BMTX)—formerly known as BankMobile—is among the largest digital banking platforms in the U.S., providing access to checking and savings accounts, personal loans, credit cards, and financial wellness. It is focused on technology, innovation,...

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Credit Acceptance Announces Third Quarter 2021 Results

Southfield, Michigan, Nov. 01, 2021 (GLOBE NEWSWIRE) — Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced consolidated net income of $250.0 million, or $15.79 per diluted share, for the three months ended September 30, 2021 compared to consolidated net income of $242.1 million, or $13.56 per diluted share, for the same period in 2020. For the nine months ended September 30, 2021, consolidated net income was $740.7 million, or $44.73 per diluted share, compared to consolidated net income of $254.7 million, or $14.17 per diluted share, for the same period in 2020. Adjusted net income, a non-GAAP financial measure, for the three months ended September 30, 2021 was $219.1 million, or $13.84 per diluted share, compared to $167.0 million, or $9.36 per...

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CareDx Completes Orderly Management Transition

SOUTH SAN FRANCISCO, Calif., Nov. 01, 2021 (GLOBE NEWSWIRE) — CareDx, Inc. (Nasdaq: CDNA), a leading precision medicine company focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers, today announced that the company has completed its transition from Peter Maag, PhD, to Reginald Seeto, MBBS, as Chief Executive Officer. Concurrent with the appointment of Dr. Seeto as President and Chief Executive Officer of CareDx in November 2020, Dr. Maag had agreed to serve as Executive Chairman of the company’s Board of Directors to facilitate an orderly transition. Now that this transition is complete, Dr. Maag will step down as Executive Chairman but will continue to serve the company as a member of its Board of Directors. Michael D....

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Sun Country Airlines Reports Third Quarter 2021 Results

Q3 2021 GAAP EPS of $0.23 and operating income of $22 millionQ3 2021 Adjusted EPS of $0.23(1)and adjusted operating income of $23 million (1) MINNEAPOLIS, Nov. 01, 2021 (GLOBE NEWSWIRE) — Sun Country Airlines Holdings, Inc. (“Sun Country Airlines”, “Sun Country”, the “Company”) (NASDAQ: SNCY) today reported financial results for its third quarter ended September 30, 2021. “We had a great third quarter,” said Jude Bricker, Chief Executive Officer of Sun Country. “We posted our highest adjusted operating margin, adjusted pre-tax margin and adjusted net income since the first quarter of 2019. As a reminder, the third quarter is historically not our strongest quarter of the year. Total quarterly revenue in Q3 2021 was higher than in Q3 2019, the first quarter this has occurred since the start of the pandemic. This and our continued...

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Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Reports Third Quarter 2021 Financial and Operating Results

MIDLAND, Texas, Nov. 01, 2021 (GLOBE NEWSWIRE) — Viper Energy Partners LP (NASDAQ:VNOM) (“Viper” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), today announced financial and operating results for the third quarter ended September 30, 2021. THIRD QUARTER HIGHLIGHTSQ3 2021 average production of 16,087 bo/d (27,620 boe/d) Q3 2021 consolidated net income (including non-controlling interest) of $73.4 million; net income attributable to Viper Energy Partners LP of $16.8 million, or $0.26 per common unit Adjusted net income (as defined and reconciled below) of $57.7 million, or $0.90 per common unit Q3 2021 cash distribution of $0.38 per common unit, representing approximately 70% of total cash available for distribution of $0.54 per common unit; $0.38 distribution is up 15% quarter over quarter...

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Capital Southwest Announces Financial Results for Second Fiscal Quarter Ended September 30, 2021

CSWC Reports Pre-Tax Net Investment Income of $0.45 Per Share for Quarter Ended September 30, 2021 and Affirms $0.97 Total Dividends to be paid for the Quarter Ended December 31, 2021 DALLAS, Nov. 01, 2021 (GLOBE NEWSWIRE) — Capital Southwest Corporation (“Capital Southwest,” “CSWC” or the “Company”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, today announced its financial results for the second fiscal quarter ended September 30, 2021. Second Quarter Fiscal Year 2022 Financial HighlightsTotal Investment Portfolio: $818.2 millionCredit Portfolio of $689.4 million:91% 1st Lien Senior Secured Debt $111.7 million in new committed credit investments Weighted Average Yield on Debt Investments:...

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Medallion Financial Corp. Reports 2021 Third Quarter Results

NEW YORK, Nov. 01, 2021 (GLOBE NEWSWIRE) — Medallion Financial Corp. (NASDAQ: MFIN, “Medallion” or the “Company”), a finance company that originates and services loans in various consumer and commercial industries, announced today its 2021 third quarter results. 2021 Third Quarter HighlightsNet income of $15.9 million, or $0.64 per share, compared to a net loss of $23.6 million, or $0.97 per share, in the prior year quarter. Net interest income grew 17% to $34.1 million from $29.1 million in the prior year quarter. Net interest margin was 9.48%, compared to 8.72% in the prior year quarter. Loan originations increased 43% to $195.8 million, as compared to the prior year quarter.Executive Commentary – Andrew Murstein, President of Medallion “This was in many ways the strongest quarter ever for Medallion. We achieved record performances...

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Colliers Engineering & Design finalizes agreement with Bergmann

Strengthens scale and service offerings in the U.S. Northeast and Midwest TORONTO and RED BANK, N.J., Nov. 01, 2021 (GLOBE NEWSWIRE) — Leading global professional services and investment management firm, Colliers (NASDAQ and TSX: CIGI), today announced that Colliers Engineering & Design has completed the previously announced agreement for Bergmann to join its operating unit. Bergmann is a market-leading engineering, architecture, and design services firm located in the U.S. Northeast, Midwest and Mid-Atlantic regions. Bergmann’s senior leadership will continue to oversee operations and retain a significant shareholding in the combined business under Colliers’ unique partnership model. As Colliers continues to strategically diversify its revenues and service offerings, this union builds on Colliers Engineering & Design’s...

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Chicken Soup for the Soul Entertainment to Host Third Quarter 2021 Conference Call on November 8, 2021

COS COB, Conn., Nov. 01, 2021 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE), one of the largest operators of streaming advertising-supported video-on-demand (AVOD) networks, today announced it will host a conference call and live webcast to discuss the results of its third quarter ended September 30, 2021. Conference Call Information To participate in this event, dial in approximately 5 to 10 minutes before the beginning of the call.Date, Time: Monday, November 8, 2021, 4:30 p.m. ET. Toll-free: (833) 832-5128 International: (484) 747-6583 Conference ID: 4036566 A live webcast is available at http://ir.cssentertainment.com/ under the “News & Events” tabConference Call Replay InformationToll-free: (855) 859-2056 International: (404) 537-3406 Reference ID: 4036566ABOUT CHICKEN SOUP FOR...

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Kforce Reports Third Quarter 2021 Revenues of $402.7 Million, Up 10.2% Year-Over-Year; Technology Revenues Grew 8.5% Sequentially and 29.6% Year-Over-Year

TAMPA, Fla., Nov. 01, 2021 (GLOBE NEWSWIRE) — Kforce Inc. (Nasdaq: KFRC), a solutions firm that specializes in technology and other professional staffing services, today announced results for the third quarter of 2021. Quarterly Financial HighlightsRevenue for the quarter ended September 30, 2021 was $402.7 million and increased 10.2% year-over-year. Technology flex revenue increased 8.4% sequentially and 28.9% year-over-year. FA flex revenue decreased 32.0% sequentially and 41.3% year-over-year driven by the planned reductions in our COVID project-specific revenues. Direct Hire revenue of $13.6 million increased 10.6% sequentially and 55.1% year-over-year. Operating margin for the quarter ended September 30, 2021 and 2020 was 7.3%. Net income for the quarter ended September 30, 2021 was $20.2 million, or $0.96 per share, versus...

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