Day: February 14, 2022

Treace to Report Fourth Quarter and Full Year 2021 Financial Results on March 3, 2022

Written by Customer Service on February 14, 2022. Posted in Public Companies.

PONTE VEDRA, Fla., Feb. 14, 2022 (GLOBE NEWSWIRE) — Treace Medical Concepts, Inc. (“Treace”) (NasdaqGS: TMCI), a commercial-stage orthopaedic medical device company driving a paradigm shift in the surgical treatment of Hallux Valgus (commonly known as bunions), today announced that it will release financial results for the fourth quarter and full year of 2021 after the close of trading on Thursday, March 3, 2022. Company management will host a conference call to discuss financial results beginning at 4:30 p.m. ET. Investors interested in listening to the conference call may do so by dialing (888) 708-0264 for domestic callers or (720) 405-2122 for international callers, followed by Conference ID: 6356356. A live and archived webcast of the event will be available on the Company’s investors relations website at https://investors.treace.com/. About...

Uniti Group Inc. to Present at the J.P. Morgan 2022 Global High Yield and Leveraged Finance Conference

Written by Customer Service on February 14, 2022. Posted in Public Companies.

LITTLE ROCK, Ark., Feb. 14, 2022 (GLOBE NEWSWIRE) — Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Senior Vice President, Chief Financial Officer and Treasurer, Paul Bullington, and Vice President, Finance and Investor Relations, Bill DiTullio, are scheduled to participate at the J.P. Morgan 2022 Global High Yield and Leveraged Finance Conference. The presentation is scheduled for 11:30 AM ET on February 28, 2022 in Miami, Florida. Presentation materials may be accessed on Uniti’s website at www.uniti.com under the Investors tab. ABOUT UNITI Uniti, an internally managed real estate investment trust, is engaged in the acquisition and construction of mission critical communications infrastructure, and is a leading provider of fiber and other wireless solutions for the communications industry. As of September 30,...

PHH Mortgage Renews Partnership With the NAACP to Help Impacted Homeowners and Communities Through Borrower Outreach Series

Written by Customer Service on February 14, 2022. Posted in Public Companies.

Plan to host more than 55 regional borrower outreach events in 2022More than 90 borrower outreach events completed since start of COVID-19 pandemicThird consecutive year partnering with NAACP for annual outreach series WEST PALM BEACH, Fla., Feb. 14, 2022 (GLOBE NEWSWIRE) — PHH Mortgage, a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and originator, announced the renewal of its partnership with the NAACP to host more than 55 regional virtual and in-person borrower outreach events for PHH Mortgage customers who are having trouble making their mortgage payments. The outreach events will be held in multiple locations across the country, with the next events to be held in Florida and California. PHH Mortgage expanded its partnership with the NAACP at the onset of the COVID-19 pandemic...

Kite Realty Group Trust Reports 2021 Operating Results and 2022 Guidance

Written by Customer Service on February 14, 2022. Posted in Earnings Releases And Operating Results.

INDIANAPOLIS, Feb. 14, 2022 (GLOBE NEWSWIRE) — Kite Realty Group Trust (NYSE: KRG), a premier owner and operator of high-quality, open-air grocery-anchored neighborhood and community centers, along with vibrant mixed-use assets, reported today its operating results for the fourth quarter and year ended December 31, 2021. “2021 was a monumental year for KRG, highlighted by outstanding operational results and the completion of the transformative merger with RPAI,” said John A. Kite, Chairman and CEO. “KRG’s best-in-class operating platform continues to leverage the strong retail environment as evidenced by our tremendous leasing volume, double-digit cash leasing spreads and $33 million of signed-not-open NOI. This game-changing merger checks every synergistic box including significant earnings accretion reflected in our 2022 FFO...

ADDvantage Technologies Reports 47% Revenue Growth, 36% Increase in Wireless Revenue, for the First Quarter of Fiscal 2022

Written by Customer Service on February 14, 2022. Posted in Earnings Releases And Operating Results.

Initial Acceleration of 5G-Related Revenue in Wireless Segment, Combined with 54% Increase in Telco Revenue, Drives Robust Top-Line Growth; Investments in Anticipation of Additional Wireless Revenue Underway CARROLLTON, Texas, Feb. 14, 2022 (GLOBE NEWSWIRE) — ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today reported financial results for the three months ended December 31, 2021, the first fiscal quarter of 2022. “We have moved quickly to ramp capabilities to meet the growing demand for 5G-related tower work, as our wireless segment delivered its second consecutive quarter of revenue greater than $7 million, even with weather and holiday-related interruptions, and we anticipate further growth as we move through calendar 2022,” commented Joe Hart, Chief Executive Officer. “The ramp...

NETSOL Technologies Reports Fiscal Second Quarter 2022 Financial Results

Written by Customer Service on February 14, 2022. Posted in Earnings Releases And Operating Results.

Total net revenues up 17.9% to $15.5 million in Q2 FY 2022 Q2 FY 2022 GAAP net income increased to $1.4 million or $0.13 per diluted share Annual recurring revenue (SaaS and Support) increased to $25.0 million run rate CALABASAS, Calif., Feb. 14, 2022 (GLOBE NEWSWIRE) — NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, reported results for the fiscal second quarter ended December 31, 2021. Fiscal Second Quarter 2022 and Recent Operational HighlightsSubscription (SaaS and Cloud) and support quarterly revenues increased 64% to $9.4 million. Expanded strategic partnership with leading IT and business consulting services firm CGI in Europe; partnership offers NETSOL’s premier, next-generation NFS Ascent® platform to the global finance and leasing industry, supported...

iPower Reports Fiscal Second Quarter 2022 Results

Written by Customer Service on February 14, 2022. Posted in Earnings Releases And Operating Results.

Fiscal Q2 Revenue up 52% to $17.1 Million Driven by Accelerated Growth of In-House Branded Products iPower Management to Host Conference Call Today at 4:30 p.m. Eastern Time DUARTE, Calif., Feb. 14, 2022 (GLOBE NEWSWIRE) — iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”), one of the leading online hydroponic equipment suppliers and retailers, today announced financial results for its fiscal second quarter ended December 31, 2021. Fiscal Q2 2022 Results vs. Year-Ago QuarterTotal revenue increased 52% to $17.1 million Gross profit increased 53% to $7.6 million. As a percentage of revenue, gross margin was 44.1% compared to 44.0% Net income increased 39% to $0.8 million or $0.03 per shareManagement Commentary “Our fiscal second quarter marked our strongest period of year-over-year revenue growth since completing our IPO...

iBio Reports Fiscal Second Quarter 2022 Financial Results and Provides Corporate Update

Written by Customer Service on February 14, 2022. Posted in Earnings Releases And Operating Results.

BRYAN, Texas, Feb. 14, 2022 (GLOBE NEWSWIRE) — iBio, Inc. (NYSEA:IBIO) (“iBio” or the “Company”), a developer of next-generation biopharmaceuticals and pioneer of the sustainable FastPharming Manufacturing System®, today announces its financial results for the fiscal quarter ended December 31, 2021 and provides a corporate update. “We are pleased to report that we have now added six new immuno-oncology assets to our pipeline in the six months since we announced our new drug discovery capabilities,” said Tom Isett, Chairman & CEO of iBio. “Our most recent addition progressed the fastest, already advancing into late-discovery stage thanks to our deployment of artificial intelligence design capabilities. We are also leveraging our research on a novel peptide with anti-fibrotic effects into oncology by exploring its possible use...

Espey Mfg. & Electronics Corp. reports second quarter results

Written by Customer Service on February 14, 2022. Posted in Earnings Releases And Operating Results.

SARATOGA SPRINGS, N.Y., Feb. 14, 2022 (GLOBE NEWSWIRE) — Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces results for the first six months of fiscal year 2022. Net sales for the second quarter of fiscal year 2022, October 1 to December 31, 2021, were $7,458,050 compared with last year’s second quarter net sales of $6,962,065. Net income for the quarter was $21,201, $.01 per diluted share, as compared to net loss of $(181,006), $(0.08) per diluted share for the same quarter last year. For the first six months of fiscal year 2022, July 1 to December 31, 2021, net sales were $15 million, compared with $14.2 million for the first six months of fiscal year 2021. Net income for the period was $327,262, $0.14 per diluted share, compared with net income of $8,817, $0.00 per diluted share, for the same period last...

Avis Budget Group Reports Record Revenues, Net Income and Adjusted EBITDA

Written by Customer Service on February 14, 2022. Posted in Earnings Releases And Operating Results.

PARSIPPANY, N.J., Feb. 14, 2022 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) today announced financial results for fourth quarter and full year ended December 31, 2021. We ended 2021 with fourth quarter revenues 90% above prior year and 19% above fourth quarter of 2019, at $2.6 billion. Our revenues were driven by increased revenue per day and rental days as demand continued from the third quarter. Net income was $381 million and Adjusted EBITDA was $683 million, our best fourth quarter Adjusted EBITDA in Company history. Utilization for the quarter was 68.2%, showing that our fleet was well positioned to meet demand. Full year revenues increased 72% compared to the prior year and 2% above 2019, at $9.3 billion. Net income was $1.3 billion and Adjusted EBITDA was $2.4 billion, both new full year records for the Company....

Day: February 14, 2022

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