Day: January 26, 2022
GEORGE TOWN, Grand Cayman, Jan. 26, 2022 (GLOBE NEWSWIRE) —
Operational Highlights:2021 Q4 revenue was $24.4 million.Revenue increased 4.9% compared to the same quarter in 2020.GAAP net income was $0.09 per fully diluted ADS, down from $0.14 per fully diluted ADS, for the same quarter a year ago.O2Micro expects the first quarter 2022 revenue to be in the range of $20.0 million to $22.0 million. O2Micro® International Limited (NASDAQ: OIIM)(O2Micro), a global leader in the design, development and marketing of high-performance integrated circuits and solutions, reported its financial results today for the fourth quarter ending December 31, 2021.
Financial Highlights for the Fourth Quarter ending December 31, 2021: O2Micro reported the fourth quarter 2021 revenue of $24.4 million within the revised guidance announced on...
Yuengling’s Ice Cream Signs Letter of Intent for the Acquisition of an Ice Cream Production Facility
Written by Customer Service on . Posted in Mergers And Acquisitions.
ATLANTA, GA, Jan. 26, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Yuengling’s Ice Cream Corporation (“Yuengling’s”) (OTC PINK: ARSN) is pleased to announce that it has signed a Letter of Intent (LOI) for the acquisition of an ice cream production facility.
The counterparty to the sale has requested that its name remain confidential for the moment. Both parties expect the transaction to close by the end of March 2022. Additional details of the deal will be released in the next few weeks.
“While specific details are not yet being made available, we are very excited about the acquisition as it will not only allow the company to produce Yuengling’s ice cream but also ice cream for other brands,” commented Rob Bohorad, Yuengling’s President and CEO. “In addition, with ice cream production availability limited across the country, this...
Fairfax India to Acquire 70% of Jaynix Engineering Private Limited
Written by Customer Service on . Posted in Mergers And Acquisitions.
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
(Note: All dollar amounts in this news release are expressed in U.S. dollars, except as otherwise noted).
TORONTO, Jan. 26, 2022 (GLOBE NEWSWIRE) — Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that, through its wholly-owned subsidiary, it has entered into an agreement to invest INR 2.45 billion (approximately $33 million at current exchange rates) for a 70% equity interest in Jaynix Engineering Private Limited (“Jaynix”). The transaction is subject to customary closing conditions and is expected to close in the first quarter of 2022.
Jaynix is a manufacturing company engaged in the production of non-ferrous electrical connectors and electrical assemblies and is a critical Tier 1 supplier to major...
PolyPid to Report Fourth Quarter and Full Year 2021 Financial Results and Operational Highlights on February 9, 2022
Written by Customer Service on . Posted in Public Companies.
PETACH TIKVA, Israel, Jan. 26, 2022 (GLOBE NEWSWIRE) — PolyPid Ltd. (Nasdaq: PYPD) (“PolyPid” or the “Company”), a Phase 3 biopharmaceutical company focused on developing targeted, locally administered, and prolonged-release therapeutics using its proprietary PLEX technology, today announced that it will report its fourth quarter and full year 2021 financial results and operational highlights before the open of the U.S. stock markets on Wednesday, February 9, 2022. The Company will host a conference call and webcast at 8:30 AM Eastern Time to discuss the results and provide an update on business operations.
Conference Call Dial-In & Webcast Information:Date:
Wednesday, February 9, 2022Time:
8:30 AM Eastern TimeUnited States:
+1 877-870-9135Israel:
+972 1809 213-985International:
+44 (0) 2071 928338Conference...
Stock Yards Bancorp Reports Record 2021 Earnings and Strong Fourth Quarter Earnings of $24.6 Million or $0.92 per Diluted Share
Written by Customer Service on . Posted in Public Companies.
Highlighted by Solid Organic Balance Sheet Growth and Record Levels of Non-Interest Income
LOUISVILLE, Ky., Jan. 26, 2022 (GLOBE NEWSWIRE) — Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in Louisville, Central and Eastern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets, today reported earnings for the fourth quarter ended December 31, 2021. Net income for the fourth quarter was $24.6 million, or $0.92 per diluted share, compared with net income of $17.7 million, or $0.78 per diluted share, for the fourth quarter of 2020. Net income for the twelve months ended December 31, 2021 ended at a record $74.6 million, or $2.97 per diluted share, compared to $58.9 million, or $2.59 per diluted share, in 2020. Strong organic balance...
First Northwest Bancorp Announces Record Earnings in the Fourth Quarter Of 2021
Written by Customer Service on . Posted in Public Companies.
PORT ANGELES, Wash., Jan. 26, 2022 (GLOBE NEWSWIRE) — First Northwest Bancorp (Nasdaq: FNWB)Q4 2021 Net Income
Q4 2021 DilutedEarnings Per Share
YTD Loan Growth
Q4 2021Net Interest Margin
Book Value per Share$5.1 million
$0.56
18%
3.58%
$19.10$18.891, excludinggoodwill and intangiblesCEO Commentary“The fourth quarter concluded a record year of profitability and growth for First Fed,” said Matthew P. Deines, President and CEO of First Northwest Bancorp. “We couldn’t be more pleased with the First Fed team, who worked together to deliver second-to-none financial solutions to the communities we serve.”
“The strategic investments and activities we began in 2020 continue to drive increased lending, improvements in our deposit franchise and expansion of our fintech initiatives that will continue to support growth,”...
Monro, Inc. Announces Third Quarter Fiscal 2022 Financial Results
Written by Customer Service on . Posted in Public Companies.
Third Quarter Sales Up 20.1% to $341.8 Million, Exceeding Pre-Pandemic Levels
Third Quarter Comparable Store Sales Increase 13.8%
Third Quarter Diluted EPS of $.48; Adjusted Diluted EPS1 of $.49
Completed Previously Announced Acquisitions of 17 new stores across Southern California and Iowa, Representing Expected Annualized Sales of ~$25 Million
Third Quarter Dividend of $.26 per share, Up 18% Year-over-YearROCHESTER, N.Y., Jan. 26, 2022 (GLOBE NEWSWIRE) — Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, today announced financial results for its third quarter ended December 25, 2021.
Third Quarter Results
Sales for the third quarter of the fiscal year ending March 26, 2022 (“fiscal 2022”) increased 20.1% to $341.8 million, as compared to $284.6 million for the third quarter of the...
Evaxion Biotech Announces Publication of Clinical Data of EVX-01 Heading into Phase 2b in Collaboration with Merck
Written by Customer Service on . Posted in Public Companies.
COPENHAGEN, Denmark, Jan. 26, 2022 (GLOBE NEWSWIRE) — Evaxion Biotech A/S (NASDAQ: EVAX), a clinical-stage biotechnology company specializing in the development of AI-driven immunotherapies to improve the lives of patients with cancer and infectious diseases, announced today the publication of a paper on personalized therapy with EVX-01 in patients with metastatic melanoma in the open access, peer-reviewed journal OncoImmunology.
The paper, entitled, “Personalized therapy with peptide-based neoantigen vaccine (EVX-01) including a novel adjuvant, CAF®09b, in patients with metastatic melanoma”, outlines results from a continuing Phase 1/2a trial of EVX-01, a novel personalized cancer immunotherapy based on Evaxion’s proprietary PIONEER™ AI technology.
Results from five patients in the study demonstrated that EVX-01 is safe and has...
Emerging Markets Report: A Meeting of the Minds
Written by Customer Service on . Posted in Public Companies.
An Emerging Markets Sponsored Commentary
ORLANDO, Fla., Jan. 26, 2022 (GLOBE NEWSWIRE) — Breaking news from Mindset Pharma Inc. (Mindset) (CSE: MSET) (FSE: 9DF) (OTCQB: MSSTF), a drug discovery and development company focused on creating next-generation psychedelic medicines to treat neurological and psychiatric disorders could be enormously impactful, not just for Mindset as we’ll explain, but also for the way mental illness is treated in the future.
On January 5, 2022, Mindset announced a collaboration that will support the development of psychedelic medicines through a partnership with The McQuade Center for Strategic Research. It is important to note that McQuade is a member of the global Otsuka group of companies, a Company that employed 47,000 people worldwide and had consolidated sales of approximately USD 13.3 billion in...
Nasdaq Named to 2022 Bloomberg Gender-Equality Index
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Nasdaq Named to 2022 Bloomberg Gender-Equality IndexFor the second consecutive year, Nasdaq was named to the Bloomberg Gender-Equality Index, which tracks the performance of public companies committed to transparency in gender-data reporting.NEW YORK, Jan. 26, 2022 (GLOBE NEWSWIRE) — Nasdaq, Inc. today announced its inclusion in the 2022 Bloomberg Gender-Equality Index (GEI) for the second consecutive year. The GEI is a modified market capitalization-weighted index that tracks the performance of public companies committed to transparency in gender-data reporting. Nasdaq is one of 418 companies across 45 countries and regions to be named to the 2022 index.
“Nasdaq is proud to be recognized in the Bloomberg Gender-Equality Index for the second consecutive year,” said Bryan Smith, Executive Vice President and Chief...