Day: November 2, 2021

Altus Midstream Declares Cash Dividend on Class A Common Shares

Altus Midstream Declares Cash Dividend on Class A Common Shares

HOUSTON, Nov. 02, 2021 (GLOBE NEWSWIRE) — Altus Midstream Company (Nasdaq: ALTM) today announced that its board of directors has declared a cash dividend on the company’s Class A common shares. The dividend on Class A common shares is payable Dec. 30, 2021, to stockholders of record on Nov. 30, 2021, at a rate of $1.50 per share. This constitutes the full-year $6 per share dividend for 2021. About Altus Midstream Company Altus Midstream Company is a pure-play, Permian-to-Gulf Coast midstream C-corporation. Through its consolidated subsidiaries, Altus owns gas gathering, processing and transmission assets servicing production in the Delaware Basin and owns equity interests in four Permian-to-Gulf Coast pipelines. Altus posts announcements, operational updates, investor information and press releases on its website, www.altusmidstream.com. Contacts Media:   (713)...

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Teekay LNG Announces Filing of Its Proxy Statement for Special Meeting to Approve Proposed Merger With Stonepeak

Teekay LNG Announces Filing of Its Proxy Statement for Special Meeting to Approve Proposed Merger With Stonepeak

HAMILTON, Bermuda, Nov. 02, 2021 (GLOBE NEWSWIRE) — Teekay LNG Partners L.P. (Teekay LNG) (NYSE:TGP) announces that it filed its proxy statement with the U.S. Securities and Exchange Commission (SEC) on November 2, 2021, relating to a special meeting of its common unitholders (Special Meeting) to vote on the previously announced proposed merger of Teekay LNG and Stonepeak Infrastructure Fund IV Cayman (AIV III) LP. The Special Meeting is scheduled for December 1, 2021 at 1:00 p.m., Atlantic Time, at the offices of Conyers Dill & Pearman Limited, Clarendon House, 2 Church Street, Hamilton HM 11, Bermuda. Holders of record of Teekay LNG’s common units as of the close of business on October 28, 2021, will be entitled to attend and vote at the Special Meeting, including any postponement or adjournment thereof. Additional information...

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Veeco Releases Sustainability Report

Veeco Releases Sustainability Report

PLAINVIEW, N.Y., Nov. 02, 2021 (GLOBE NEWSWIRE) — Veeco Instruments Inc. (NASDAQ: VECO) today released its second Sustainability Report, highlighting activity related to Environmental, Social and Governance (ESG) efforts and showcasing the Company’s commitment to improvements in these areas. Veeco’s inaugural Sustainability Report was issued in 2020. “We are proud of the effort put forth by the Veeco team and, in particular, the progress made since our first Sustainability Report,” commented William J. Miller, Ph.D., Veeco’s Chief Executive Officer. “Our commitment to become a more environmentally and socially transparent company has never been stronger. We greatly improved our environmental and social disclosures and continue to make progress in these areas. Minimizing our environmental footprint, becoming more inclusive, and...

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CDK Global, Inc. Reports First Quarter Fiscal 2022 Results

CDK Global, Inc. Reports First Quarter Fiscal 2022 Results

Revenue Up 6% in the Quarter; Record Total DMS Sites HOFFMAN ESTATES, Ill., Nov. 02, 2021 (GLOBE NEWSWIRE) — CDK Global, Inc. (NASDAQ: CDK) today announced financial results for its fiscal 2022 first quarter ended September 30, 2021. “This fiscal year is pivotal for CDK as we work to transform the automotive industry by connecting dealers, manufacturers, software developers and consumers and delivering a modern retail experience through refreshed products and services. Now that we’ve completely digitized the sales and service processes within the traditional dealership model, we are taking the next step of bringing the industry new capabilities, like Salty’s Embedded Insurance®, to help consumers manage the many decisions that come with buying and owning a car,” said Brian Krzanich, CDK chief executive officer....

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Franchise Group, Inc. Announces Fiscal 2021 Third Quarter Financial Results

Franchise Group, Inc. Announces Fiscal 2021 Third Quarter Financial Results

Increases 2021 Financial Outlook to at Least $3.1 Billion in Revenue and at Least $3.80 in Non-GAAP EPS Expects Significant Growth in Revenue and Cash Flow in Fiscal 2022 Franchising Momentum Accelerating DELAWARE, Ohio, Nov. 02, 2021 (GLOBE NEWSWIRE) — Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group” or the “Company”) today announced the financial results of its fiscal 2021 third quarter. For the third quarter of fiscal 2021, total reported revenue for Franchise Group was $828.8 million, net income from continuing operations was $36.0 million or $0.83 per fully diluted share, Adjusted EBITDA was $80.8 million and Non-GAAP EPS was $0.97 per share. On July 2, 2021, the Company completed the sale of Liberty Tax and, as such, the financial position and results of operations of the Company’s Liberty Tax segment are presented...

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Turning Point Therapeutics to Host Third Quarter 2021 Conference Call

Turning Point Therapeutics to Host Third Quarter 2021 Conference Call

SAN DIEGO, Nov. 02, 2021 (GLOBE NEWSWIRE) — Turning Point Therapeutics, Inc. (NASDAQ: TPTX), a precision oncology company developing next-generation therapies that target genetic drivers of cancer, today announced that it will report third quarter financial results following the close of U.S. financial markets on November 9. The company will host a conference call at 1:30 p.m. PT/4:30 p.m. ET to discuss the results and provide operational updates. President and CEO Athena Countouriotis, M.D., will host the call, which will include a question and answer session. The update will be accessible via audio webcast through the “Investors” section of www.tptherapeutics.com or by dialing (877) 388-2118 (in the United States) or (470) 495-9489 (outside the U.S.) using conference ID 3118428. A replay will be available through...

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Big 5 Sporting Goods Corporation Announces Fiscal 2021 Third Quarter Results

Big 5 Sporting Goods Corporation Announces Fiscal 2021 Third Quarter Results

EPS of $1.07 for FY 2021 Third Quarter Declares Special Cash Dividend of $1.00 per Share Declares Regular Cash Dividend of $0.25 per Share EL SEGUNDO, Calif., Nov. 02, 2021 (GLOBE NEWSWIRE) —  Big 5 Sporting Goods Corporation (Nasdaq: BGFV) (the “Company,” “we,” “our,” “us,” “Big 5”), a leading sporting goods retailer, today reported financial results for the fiscal 2021 third quarter ended October 3, 2021. Net sales for the fiscal 2021 third quarter were $289.6 million compared to net sales of $305.0 million for the third quarter of fiscal 2020. The decrease in net sales primarily reflects the unfavorable impact from a calendar shift related to the Company’s 53-week fiscal year in 2020 that resulted in pre-Fourth of July holiday sales moving from the third quarter in fiscal 2020 to the second quarter in fiscal 2021.   This...

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MISTRAS Announces Third Quarter 2021 Results

MISTRAS Announces Third Quarter 2021 Results

Continued Recovery of Top-Line Growth and Significantly Improved Bottom-Line Performance Revenue Increase of 18%, Operating income expands by 61% and Net Income Up 122% Proprietary Technologies OneSuite™ Gaining Traction and Launch of Sensoria™ PRINCETON JUNCTION, N.J., Nov. 02, 2021 (GLOBE NEWSWIRE) — MISTRAS Group, Inc. (MG: NYSE), a leading “one source” multinational provider of integrated technology-enabled asset protection solutions, reported financial results for its third quarter ended September 30, 2021. Highlights of the Third Quarter 2021* Revenue of $174.6 million, up 18.0% Gross profit of $52.2 million, up 10.2% with gross profit margin of 29.9% Operating income of $9.2 million, up 60.8% Net income of $3.4 million, or $0.11 per diluted share Adjusted EBITDA of $18.8 million, up 8%; Adjusted EBITDA Margin...

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Mercury Systems Reports First Quarter Fiscal 2022 Results

Mercury Systems Reports First Quarter Fiscal 2022 Results

First Quarter Highlights Include:Revenues of $225 million increased 9% over prior yearExecuting on 1MPACT value creation initiativeAnnounced agreement to acquire Avalex Technologies ANDOVER, Mass., Nov. 02, 2021 (GLOBE NEWSWIRE) — Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), reported operating results for the first quarter of fiscal 2022, ended October 1, 2021. Management Comments“The Company’s first quarter financial performance was in line with our expectations,” said Mark Aslett, Mercury’s President and Chief Executive Officer. “We expect to deliver substantial year-over-year growth in bookings in FY22, weighted toward the second half, as well as a positive book-to-bill for the year and solid growth in our backlog. This should set the stage for strong results in FY23, including a return to high single-digit to low double-digit...

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Vivid Seats to Report Third Quarter 2021 Financial Results

Vivid Seats to Report Third Quarter 2021 Financial Results

Prepared Remarks to be Webcast at 8:30 am ET CHICAGO, Nov. 02, 2021 (GLOBE NEWSWIRE) — Vivid Seats Inc. (NASDAQ:SEAT) (“Vivid Seats” or the “Company”), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, will report financial results for the third quarter 2021 on Monday, November 15, 2021, before the U.S. stock market opens. Management will discuss the results on a webcast at 8:30 a.m. ET. The live webcast and replay can be accessed at https://investors.vividseats.com/. About Vivid Seats Founded in 2001, Vivid Seats is a leading online ticket marketplace committed to becoming the ultimate partner for connecting fans to the live events, artists, and teams they love. Based on the belief that everyone should “Experience...

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