Day: November 16, 2021

Asia Pacific Wire & Cable Corporation Ltd. Reports Second Quarter 2021 Financial Results

Written by Customer Service on November 16, 2021. Posted in Earnings Releases And Operating Results.

TAIPEI, Taiwan, Nov. 16, 2021 (GLOBE NEWSWIRE) — Asia Pacific Wire & Cable Corporation Limited (NASDAQ: APWC) (“APWC” or the “Company”), a leading manufacturer of wire and cable products for the telecommunications and electric-power industries in the Asia-Pacific region, today announced the Company’s financial results for the six months ended June 30, 2021. Unless otherwise indicated, all data are reported in U.S. Dollars at the exchange rate prevailing on the date of the event or result reported.First Six Months 2021 Financial Results (Ended June 30, 2021), and 2020 comparative results First 6 Months 2021 First 6 Months 2020 CHANGERevenues $ 225.3 million $ 127.6 million 76.5%Operating Profit $ 5.0 million $ 0.3 million 1780.3%Net (Loss) $ (0.1) million $ (1.2) million 90.2%EPS(1) $ (0.01) $ (0.09) 88.9% (1)The...

StoneCo Reports Third Quarter of 2021 Financial Results

Written by Customer Service on November 16, 2021. Posted in Earnings Releases And Operating Results.

GEORGE TOWN, Grand Cayman, Nov. 16, 2021 (GLOBE NEWSWIRE) — StoneCo Ltd. (Nasdaq: STNE) (“Stone” or the “Company”), a leading provider of financial technology and software solutions that empowers merchants to conduct commerce seamlessly across multiple channels, today reports its financial results for its third quarter ended September 30, 2021. “Dear Investor, It has been three years since StoneCo became a public company. This milestone causes us to reflect on the progress we’ve made in such a short time, as well as the learnings we have accumulated since our foundation. Since our IPO in 2018, we have built on our strengths to scale the business – growing our client base 5.9 times, increasing our revenue by 3.5 times and TPV by 3.4 times, and evolving our solutions beyond payments – reaching over 422,000 banking clients and over...

AvidXchange Announces Third Quarter 2021 Financial Results

Written by Customer Service on November 16, 2021. Posted in Earnings Releases And Operating Results.

Revenue Increased 37% Year-over-year, Driven by 40% Total Payment Volume Growth for the Quarter CHARLOTTE, N.C., Nov. 16, 2021 (GLOBE NEWSWIRE) — AvidXchange Holdings, Inc. (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced financial results for the third quarter ended September 30, 2021. “I am pleased to report that we delivered strong third quarter results highlighted by 37% year-over-year revenue growth and 40% growth in total payment volume. We believe our strong results reflect continued demand for our software enabled, accounts payable automation and payment solutions along with solid execution against our key growth initiatives,” said Michael Praeger, CEO & Co-Founder of AvidXchange. “We are seeing momentum...

Tattooed Chef Reports Third Quarter 2021 Financial Results

Written by Customer Service on November 16, 2021. Posted in Earnings Releases And Operating Results.

Record Quarterly Revenue of $58.8 Million, an Increase of 44% Year-Over-Year Branded Revenue Increased 56% to $35.3 Million Updates 2021 Outlook PARAMOUNT, Calif., Nov. 16, 2021 (GLOBE NEWSWIRE) — Tattooed Chef, Inc. (Nasdaq: TTCF) (“Tattooed Chef” or the “Company”), a leader in plant based foods, today announced financial results for the three and nine months ended September 30, 2021. “We are pleased with our third quarter results with record revenue driven by our Tattooed Chef branded products,” said Sam Galletti, President and CEO of Tattooed Chef. “Tattooed Chef is now a top 10 brand across the club, grocery and mass channels in the categories in which we compete. Our branded products are now in over 13,000 stores nationwide as we have executed on our plan to diversify both channel and customer mix. Looking ahead, we believe...

nCino Signs Definitive Agreement to Acquire SimpleNexus

Written by Customer Service on November 16, 2021. Posted in Mergers And Acquisitions.

Combines leading cloud-based, mobile-first homeownership platform with the nCino Bank Operating System® Expands nCino’s point-of-sale and mobile capabilities WILMINGTON, N.C., Nov. 16, 2021 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced it has entered into a definitive agreement to acquire SimpleNexus in a stock and cash transaction valued at approximately $1.2 billion. SimpleNexus seamlessly unites the people, systems, and stages of the home buying process into a single end-to-end experience, enabling loan officers, borrowers, real estate agents and settlement agents to manage the homeownership journey in the palm of their hands. “When we first started nCino, our mission was clear: to transform the financial...

DLocal Limited Reports Third Quarter 2021 Financial Results

Written by Customer Service on November 16, 2021. Posted in Earnings Releases And Operating Results.

US$1.8 billion Total Payment Volume, up 217% year-over-yearRevenues of US$68.6 million, up 123% year-over-year38% Adj EBITDA Margin, up 228 bps year-over-year dLocal reports in US dollars and in accordance with IFRS as issued by the IASB MONTEVIDEO, Uruguay, Nov. 16, 2021 (GLOBE NEWSWIRE) — DLocal Limited (“dLocal”, “we”, “us”, and “our”) (NASDAQ:DLO), a technology-first payments platform today announced its financial results for the third quarter ended September 30, 2021. “We continue to see strong growth across multiple verticals as we see local economies continue to bounce back and global merchants prioritize their efforts in emerging markets. We continue to execute on our strategy to make the complex simple for our merchants. We continue to add new product capabilities on our platform that enhance our merchants’ ability to...

Kane Biotech Announces Third Quarter 2021 Financial Results

Written by Customer Service on November 16, 2021. Posted in Earnings Releases And Operating Results.

WINNIPEG, Manitoba, Nov. 16, 2021 (GLOBE NEWSWIRE) — Kane Biotech Inc. (TSX- V:KNE; OTCQB:KNBIF) (the “Company” or “Kane Biotech”), today announced their third quarter 2021 financial results. Third Quarter Financial HighlightsRevenue from product sales in the three months ended September 30, 2021 was $438,016, an increase of 53% compared to $286,934 in the three months ended September 30, 2020. This increase is due mainly to sales attributable to a new major pet retail customer and the financial reporting reclassification in the current period amongst revenue, cost of sales and general and administration expenses retroactive to the beginning of 2021.In the three months ended September 30, 2021 the company recognized license revenue associated with license and milestone payments received from Animalcare and Dechra in 2021. License...

More good news: TrustCo announces significant increase in quarterly dividend

Written by Customer Service on November 16, 2021. Posted in Dividend Reports And Estimates.

GLENVILLE, N.Y., Nov. 16, 2021 (GLOBE NEWSWIRE) — The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) on November 16, 2021 declared an increase in the quarterly cash dividend of 2.8% to $0.35 per share, or $1.40 per share on an annualized basis. The dividend will be payable on January 3, 2022 to shareholders of record at the close of business on December 3, 2021. Chairman, President, and Chief Executive Officer Robert J. McCormick said: “Corporate performance at the level achieved by TrustCo is the culmination of years of planning, hard work, grit, and determination. These attributes have been the hallmarks of TrustCo as it has paid a dividend every year since 1904. It is our distinct privilege to not only honor the century-long tradition of distributing a solid payout to our owners, but increasing it. Our success...

Local Communities Benefit from Huntington Ingalls Industries’ Annual Global Day of Caring

Written by Customer Service on November 16, 2021. Posted in Public Companies.

NEWPORT NEWS, Va., Nov. 16, 2021 (GLOBE NEWSWIRE) — Huntington Ingalls Industries’ (NYSE: HII) Technical Solutions division employees led and supported 26 community service projects in nine U.S. states as well as in Romania and South Korea on Nov. 13 as part of the company’s second annual Global Day of Caring. “Not only is it our obligation as a company to give back to the communities where our employees live and work, but making a positive difference is also part of our corporate culture,” Technical Solutions President Andy Green said. “Global Day of Caring is a win-win for our employees who have the chance to engage with each other outside of work and for the communities who benefit from their volunteer efforts. I couldn’t be prouder of the impact we’ve had during this year’s event.” Organizations supported during the Global...

Marizyme is Pleased to Announce the Appointment of David Barthel as CEO

Written by Customer Service on November 16, 2021. Posted in Public Companies.

JUPITER, Fla., Nov. 16, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Marizyme Inc. (“Marizyme” or the “Company”) (OTCQB:MRZM), is pleased to announce the hiring of Mr. David Barthel as the Chief Executive Officer for Marizyme. In his role Mr. Barthel will look to advance the Company’s technology pipeline and stay committed to the commercialization efforts of DuraGraft in Europe and Asia while focusing on the FDA submissions for DuraGraft and MATLOC 1 in the US. In addition, Mr. Barthel will lead the Company through its financing initiatives, strengthening the financial position of the Company in preparation for an anticipated Nasdaq listing in 2022. Mr. Barthel founded The SmartPill Corp. and led the company as CEO & President until its acquisition by medical device giant, Medtronic. Mr. Barthel successfully took The SmartPill...

Day: November 16, 2021

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