Day: January 25, 2022

Event Focused on Industrial Hemp and Therapeutic MarijuanaHosts Physicians and Hemp Professionals from Around Globe FAIRLESS HILLS, Pa., Jan. 25, 2022 (GLOBE NEWSWIRE) — Hydrofarm Holdings Group, Inc. (“Hydrofarm” or the “Company”) (Nasdaq: HYFM), is joining “The Cannabis Science and Industry Congress” in its inaugural year as the title sponsor. The Company’s sponsorship supports the production of a special conference in San Jose, Costa Rica from January 27-29, focusing on industrial hemp and medicinal marijuana education for key Costa Rican constituents. Experts in medical cannabis and industrial hemp will discuss subjects including genetics, therapeutic medical applications, cultivation, construction, textiles, livestock feed, manufacturing, climate initiatives, science, and technology during a three-day event. Notable experts...

NEW YORK, Jan. 25, 2022 (GLOBE NEWSWIRE) — Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today announced that it will release financial results for the third fiscal quarter ended December 31, 2021, before market open on Tuesday, February 8, 2022. Reservoir will host a conference call to discuss its results at 10 a.m. Eastern Standard Time the same day. A live audio webcast of Reservoir’s second fiscal quarter results discussion will be accessible under the Events and Presentations section of the Company’s Investor Relations website at https://investors.reservoir-media.com/news-and-events/events-and-presentations. To participate in the conference call, please dial 1-844-249-2008 (U.S. and Canada) and 224-619-3936 (International) and enter the Conference ID 9432987....

Results show progress against Strategic Plan and confirm value of long-termcapital investments for a resilient and modern railroad MONTREAL, Jan. 25, 2022 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) today reported its financial and operating results for the fourth quarter and year ended December 31, 2021. CN delivered solid operating and financial performance across the board, with adjusted diluted earnings per share (EPS) growing 20 per cent in the fourth quarter to C$1.71, and adjusted operating ratio improving to a fourth quarter record of 57.9 per cent. (1) For the same period, the Company reported diluted EPS growth of 18 per cent to C$1.69, while operating ratio improved to 58.3 per cent. “I would like to thank our dedicated team of railroaders for delivering once again despite extreme weather and disruptive global supply...

Fourth Quarter and Full Year 2021 HighlightsRecord annual net income of $98.9 million, or $6.20 per diluted share Quarterly net income of $27.0 million, or $1.71 per diluted share Adjusted quarterly net income (non-GAAP) of $27.4 million, or $1.73 per diluted share Record adjusted quarterly net interest income (non-GAAP) of $49.2 million, a 6.1% annualized increase compared to the third quarter of 2021 Net Interest Margin (“NIM”) of 3.29% and Adjusted NIM (TEY)(non-GAAP) of 3.49% for the quarter Loan and lease growth of 12.0% (annualized) for the quarter and 16.9% for the full year, excluding SBA Paycheck Protection Program (“PPP”) loans (non-GAAP) Annualized core deposit growth of 4.3% for the quarter and 7.2% for the full year Nonperforming assets improved by 60% for the quarter and 80% for the full year and now represent only 0.05%...

WESTFIELD, Mass., Jan. 25, 2022 (GLOBE NEWSWIRE) — Western New England Bancorp, Inc. (the “Company” or “WNEB”) (NasdaqGS: WNEB), the holding company for Westfield Bank (the “Bank”), announced today the unaudited results of operations for the three and twelve months ended December 31, 2021. For the three months ended December 31, 2021, the Company reported net income of $6.2 million, or $0.28 per diluted share, compared to net income of $5.0 million, or $0.20 per diluted share, for the three months ended December 31, 2020. On a linked quarter basis, net income was $6.2 million, or $0.28 per diluted share, as compared to net income of $6.0 million, or $0.27 per diluted share, for the three months ended September 30, 2021. For the twelve months ended December 31, 2021, net income was $23.7 million, or $1.02 per diluted share, compared...

Products address growing demand from electric vehicle, 5G communication and AI markets FREMONT, Calif., Jan. 25, 2022 (GLOBE NEWSWIRE) — ACM Research, Inc. (ACM) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging (WLP) applications, today introduced its comprehensive tool set to support compound semiconductor manufacturing. ACM’s 150mm-200mm bridge systems support front-end cleaning and a wide range of WLP applications for compound semiconductors including gallium arsenide (GaAs), gallium nitride (GaN) and silicon carbide (SiC) processes. The wet process portfolio includes coater, developer, photoresist (PR) stripper, wet etcher, cleaner and metal plating tools that feature automated systems for flat or notched wafers. “The compound semiconductor industry is growing...

SAN DIEGO, Jan. 25, 2022 (GLOBE NEWSWIRE) — Progenity, Inc. (Nasdaq: PROG), an innovative biotechnology company, today announced the award of another new patent related to its single-molecule detection assay platform under development. The USPTO has issued U.S. Patent No. 11,230,731 entitled, “Methods, Systems, and Compositions for Counting Nucleic Acid Molecules.” The issued claims are directed to detecting a labeled target molecule on a solid support. “We have added another important patent to our IP portfolio for the single-molecule detection platform, which is designed to enable sequence-free counting of target analytes including cell-free nucleic acids. We believe this approach may have important near-term impact in the fields of noninvasive prenatal testing (NIPT) and liquid biopsy. This latest patent covers key compositions...

FAIR LAWN, N. J., Jan. 25, 2022 (GLOBE NEWSWIRE) — Columbia Financial, Inc. (the “Company”) (NASDAQ: CLBK), the mid-tier holding company for Columbia Bank (“Columbia”) and Freehold Bank (“Freehold”), reported net income of $23.3 million, or $0.23 per basic and diluted share, for the quarter ended December 31, 2021, as compared to net income of $20.7 million, or $0.19 per basic and diluted share, for the quarter ended December 31, 2020. Earnings for the quarter ended December 31, 2021 reflected higher net interest income and a lower provision for loan losses, partially offset by lower non-interest income, higher non-interest expense and higher income tax expense. The Company successfully completed its acquisition of Freehold MHC, Freehold Bancorp and Freehold Bank on December 1, 2021. Freehold Bank will continue...

Reports highest operating revenue and operating income for any quarter and year in Marten’s history MONDOVI, Wis., Jan. 25, 2022 (GLOBE NEWSWIRE) — Marten Transport, Ltd. (Nasdaq/GS:MRTN) today reported a 26.1% improvement in net income to $24.7 million, or 30 cents per diluted share, for the fourth quarter ended December 31, 2021, from $19.6 million, or 24 cents per diluted share, for the fourth quarter of 2020. The fourth-quarter earnings also improved sequentially from 2021 third-quarter net income of $21.3 million, or 26 cents per diluted share. For the year ended December 31, 2021, net income improved 22.9% to $85.4 million, or $1.02 per diluted share, from $69.5 million, or 84 cents per diluted share, for 2020.                Operating Results Comparison                 Percentage   Percentage   Percentage   Percentage        Increase   Increase   Increase   Increase        Three...

BATON ROUGE, La., Jan. 25, 2022 (GLOBE NEWSWIRE) — Business First Bancshares, Inc. (NASDAQ: BFST) (Business First), parent company of b1BANK, Baton Rouge, Louisiana, today announced its unaudited results for the year ended December 31, 2021, including net income of $52.1 million, or $2.53 per diluted share, an increase of $22.1 million and $0.89, respectively, from the prior year ended December 31, 2020. The increase was largely impacted by a $9.2 million pre-tax gain on sale of Small Business Administration (SBA) Paycheck Protection Program (PPP) loans during the second quarter of 2021 and pre-tax net interest income of $8.2 million realized in 2021 related to SBA PPP loans. On a non-GAAP basis, core net income for the year ended December 31, 2021, which excludes certain income and expenses, was $53.9 million, or $2.61 per diluted...