Month: January 2022
Net income of $32.9 million and diluted earnings per share of $2.96 for the year ended December 31, 2021 compared to $26.5 million and diluted earnings per share of $2.40 for the year ended December 31, 2020; net income of $6.7 million for the quarter; diluted fourth quarter 2021 earnings per share of $0.60 compared to diluted earnings per share of $0.65 in the third quarter of 2021 and $0.91 in the fourth quarter of 2020
Fourth quarter commercial loan growth, excluding Small Business Administration (“SBA”) Paycheck Protection Program (“PPP”) loans, was $110.5 million, or 34% annualized; full year commercial loan growth, excluding SBA PPP loans, was $268.3 million, or 24%
Net interest margin increased to 3.35% in the fourth quarter of 2021 from 3.03% in the third quarter of 2021; some excess liquidity was deployed...
Precision Drilling Corporation 2021 Fourth Quarter and End of Year Results Conference Call and Webcast
Written by Customer Service on . Posted in Public Companies.
CALGARY, Alberta, Jan. 19, 2022 (GLOBE NEWSWIRE) — Precision Drilling Corporation (“Precision”) intends to release its 2021 fourth quarter results before the market opens on Thursday, February 10, 2022 and has scheduled a conference call and webcast to begin promptly at 12:00 Noon MT (2:00 p.m. ET) on the same day.
The conference call dial in numbers are 844-515-9176 or 614-999-9312 (International) or a live webcast is accessible on our website at www.precisiondrilling.com
An archived version of the webcast will be available for approximately 60 days. An archived recording of the conference call will be available approximately one hour after the completion of the call until February 14, 2022 by dialing 855-859-2056 or 404-537-3406, passcode 8456974.
About PrecisionPrecision is a leading provider of safe and environmentally responsible...
Paya Announces Acquisition of VelocIT
Written by Customer Service on . Posted in Mergers And Acquisitions.
Expands and strengthens Paya’s robust integrated payments capabilities
ATLANTA, Jan. 19, 2022 (GLOBE NEWSWIRE) — Paya Holdings Inc. (NASDAQ: PAYA) (“Paya”), a leading integrated payments and commerce solution provider, today announced the acquisition of VelocIT Business Solutions (“VelocIT”).
Founded in 2018 and based in Clarkson, WA, VelocIT provides fully integrated, omnichannel payment solutions to accounting and ERP partners, including Acumatica and Sage, driving frictionless commerce experiences for their end users. VelocIT brings to Paya industry-leading technologies, deep knowledge of the ERP market, and strong integration experience and expertise.
“We are excited to welcome the VelocIT team to Paya as we look to expand and accelerate Paya’s growth within the ERP channel,” said Jeff Hack, Paya’s chief executive officer....
Communities First Financial Corporation Earns $5.41 Million for 4Q-2021 and a Record $20.53 Million for the Full Year 2021
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
FRESNO, Calif., Jan. 19, 2022 (GLOBE NEWSWIRE) — Communities First Financial Corporation (the “Company”) (OTCQX: CFST), the parent company of Fresno First Bank (the “Bank”), today reported net income increased 66% to $5.41 million, or $1.74 per diluted share for the fourth quarter of 2021 (4Q-2021), compared to $3.25 million, or $1.07 per diluted share for the fourth quarter of 2020 (4Q-2020), and increased 4% from $5.22 million, or $1.68 per diluted share for the third quarter of 2021 (3Q-2021). For the year ended December 31, 2021, net income increased 78% to $20.53 million, or $6.62 per diluted share, compared to $11.51 million, or $3.79 per diluted share, for year ended December 31, 2020. All results are unaudited.
“Our quarterly results were a strong end to what was a record year on several measures,” said Steve Miller, President...
EuroDry Ltd. To Participate at Capital Link’s Corporate Presentation Series
Written by Customer Service on . Posted in Public Companies.
MAROUSSI, Greece and ATHENS, Greece, Jan. 19, 2022 (GLOBE NEWSWIRE) — EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today that it will participate in Capital Link’s Corporate Presentation Webinar Series.
On Tuesday, January 25th, 2022 at 10:00 am ET its senior management team will go through a presentation on the company’s current operations, business development, growth prospects and outlook of the dry bulk sector.
You can register for the company presentation webinar below:
Date: Tuesday, January 25th, 2022Time: 10:00 am ET Register: Webinar Registration
On the registration page, please register for the presentation slated for January 25th, 2022 at 10 am ET.
An email confirmation will be sent back...
Dynacor Surges Past 2021 Sales Guidance and Boosts Gold Production to Over 100,000 Ounces, a New Yearly Record
Written by Customer Service on . Posted in Public Companies.
2020 and 2021 – Sales (in $ million)2020 and 2021 – Sales (in $ million)MONTREAL, Jan. 19, 2022 (GLOBE NEWSWIRE) — Dynacor Gold Mines Inc. (TSX-DNG) (Dynacor or the “Corporation”), an international gold ore industrial corporation servicing ASMs (artisanal and small-scale miners), today announced its monthly sales of US$15.8 million (unaudited) (C$20.2 million) (1) for December 2021, and total annual sales of US195.9 million (C$245.6 million), a 93% year-over-year increase.
The Corporation beat all sales expectations by exceeding initial guidance (released on February 18, 2021) of US$150 million and revised guidance (released on September 22, 2021) of US$185-190 million. In 2021, Dynacor also achieved a new record gold production of over 100,000 ounces for the first time in the Corporation’s...
Name Change to Ultra Lithium Inc.
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, Jan. 19, 2022 (GLOBE NEWSWIRE) — Ultra Resources Inc. (TSX-V: ULT) (“Ultra Resources” or “the Company”) announces that the Board of Directors of the Company has resolved to change the name of the Company from Ultra Resources Inc. to Ultra Lithium Inc. The Company’s trading symbol “ULT” will remain unchanged and the Company will resume trading under its new name Ultra Lithium Inc. on January 21, 2022. The new CUSIP and ISIN are: 90388C106 and CA90388C1068.
ON BEHALF OF THE BOARD OF DIRECTORS
“Kiki Smith”
Kiki Smith, CFO
About Ultra Resources Inc.Ultra Resources Inc. is an exploration and development company with a focus on the acquisition and development of lithium, gold, and copper assets. The Company holds a brine lithium property in Argentina, and hard rock spodumene type lithium properties at Georgia...
One World Universe in Discussions with ex-NFL and U.S. Green Beret Nate Boyer for Future Business Collaborations
Written by Customer Service on . Posted in Public Companies.
HUNTINGTON BEACH, CA, Jan. 19, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — One World Universe Inc. (OTC: OWUV), a publicly traded company that invests in sports related businesses, distressed assets, business opportunities within emerging industries such as the Metaverse, and providing humanitarian efforts in over 185 countries, is pleased to announce that CEO Jerry Craig and Nate Boyer have agreed in principle to work together on additional future projects.
The company is currently working with Nate Boyer, a long-time friend of CEO Jerry C. Craig, on his motion picture ‘MVP’, which recently partnered with the National Football League (NFL). One World Universe was an early investor in the film. Under the financing agreement, the company shall be entitled to recoup their original Investment Contribution, along with approximately...
Union Bankshares Announces Earnings for the year ended December 31, 2021 and Declares 6.1% Increase in Quarterly Dividend
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
MORRISVILLE, Vt., Jan. 19, 2022 (GLOBE NEWSWIRE) — Union Bankshares, Inc. (NASDAQ – UNB) today announced results for the three months and year ended December 31, 2021. Net income was $3.4 million and $13.2 million for the three months and year ended December 31, 2021, resulting in earnings per share of $0.76 and $2.94 for the same periods, respectively.
The Board of Directors also declared a cash dividend of $0.35 per share for the quarter, an increase of 6.1% from the cash dividend of $0.33 paid in recent prior quarters, payable February 3, 2022 to shareholders of record as of January 29, 2022.
Fourth Quarter Highlights
Consolidated net income decreased $416 thousand, or 11.0%, to $3.4 million for the fourth quarter of 2021 compared to the fourth quarter of 2020 due to increases in net interest income of $1.1 million, a...
Sorrento Announces That Sorrento Mexico Has Sold Out of One Million COVISTIX Tests Last Week in Mexico
Written by Customer Service on . Posted in Public Companies.
Sorrento Therapeutics Mexico (“Sorrento Mexico”) distributed last week approximately one million COVISTIX tests in Mexico.
Additional millions of COVISTIX tests are scheduled to be delivered to meet the ever-growing demand in Mexico.
Tens of millions of COVISTIX tests are being manufactured to meet worldwide demands.SAN DIEGO, Jan. 19, 2022 (GLOBE NEWSWIRE) — Sorrento Therapeutics, Inc. (Nasdaq: SRNE, “Sorrento”) and Sorrento Mexico today announced that approximately 1,000,000 COVISTIX tests were distributed last week in Mexico. Orders are increasing daily as pent-up demand is high for a sensitive and convenient test that is capable of accurately detecting all of the current variants of the SARS-CoV-2 virus, including the dominant Omicron variant. Millions of additional COVISTIX tests are scheduled to be delivered...
