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Day: February 16, 2022

Veeco Reports Fourth Quarter and Fiscal Year 2021 Financial Results

Fourth Quarter 2021 Highlights:Revenues of $153.0 million, compared with $138.9 million in the same period last year GAAP net income of $8.2 million, or $0.15 per diluted share, compared with a net loss of $0.1 million, or $(0.00) per diluted share in the same period last year Non-GAAP net income of $22.6 million, or $0.43 per diluted share, compared with $15.0 million, or $0.30 per diluted share in the same period last yearFull Year 2021 Highlights:Revenues of $583.3 million, compared with $454.2 million last year GAAP net income of $26.0 million, or $0.49 per diluted share, compared with a net loss of $8.4 million, or $(0.17) per diluted share last year Non-GAAP net income of $73.6 million, or $1.43 per diluted share, compared with $42.3 million, or $0.86 per diluted share last yearPLAINVIEW, N.Y., Feb. 16, 2022 (GLOBE NEWSWIRE)...

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Grindrod Shipping Holdings Ltd. Unaudited Financial Results for the Three Months & the Year Ended December 31, 2021

SINGAPORE, Feb. 16, 2022 (GLOBE NEWSWIRE) —  Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or the “Company” or the “Group” or “we” or “us” or “our”), a global provider of maritime transportation services predominantly in the drybulk sector, today announced its unaudited earnings results for the three months and year ended December 31, 2021. The Group completed the plan to discontinue the tanker business during December 2021 and has presented the tanker business as a discontinued operation. The Group is now focused on the drybulk business which is presented as the continuing operations. Prior period figures have been reclassified for the presentation of the tanker business as a discontinued operation. Financial Highlights for the Three Months Ended December 31, 2021 Continuing operations:Revenues...

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EverQuote Announces Fourth Quarter and Full Year 2021 Financial Results

Fourth Quarter Revenue Increased 5% Year-Over-Year to $102.1 Million Fourth Quarter Revenue from Non-Auto Insurance Verticals Increased Year-Over-Year 50% Fourth Quarter Health DTCA Revenue Increased 281% Year-Over-Year to $14.5 million Full Year Revenue Increased 21% Year-Over-Year to $418.5 MillionCAMBRIDGE, Mass., Feb. 16, 2022 (GLOBE NEWSWIRE) — EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, today announced financial results for the fourth quarter and full year ended December 31, 2021. “In 2021, we delivered year-over-year revenue and Variable Marketing Margin, or VMM, growth of 21% and 19%, respectively, and generated meaningful Adjusted EBITDA, despite strong industry headwinds in the auto insurance marketplace in the second half of the year,” said Jayme Mendal, CEO of EverQuote. “We grew fourth...

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KnowBe4 Announces Fourth Quarter and Fiscal Year 2021 Financial Results Along with Co-President/CFO Transition to the Board of Directors

Fourth Quarter 2021 Financial ResultsGAAP revenue increased 40.6% year-over-year to $69.3 million Cash flow from operations was $21.0 million Free cash flow was $19.6 million and free cash flow margin was 28.2%Fiscal Year 2021 Financial ResultsGAAP revenue increased 40.8% year-over-year to $246.3 million Cash flow from operations was $76.8 million Free cash flow was $71.2 million and free cash flow margin was 28.9%Key MetricsAnnual recurring revenue (ARR) increased approximately 44% year-over-year to $285.4 million Total number of customers reached more than 47,000TAMPA BAY, Fla., Feb. 16, 2022 (GLOBE NEWSWIRE) — KnowBe4, Inc. (NASDAQ: KNBE), provider of the leading security awareness training and simulated phishing platform, today reported results for the fourth quarter and the year ended December 31, 2021. “Our...

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Trupanion Reports Fourth Quarter and Full Year 2021 Results

SEATTLE, Feb. 16, 2022 (GLOBE NEWSWIRE) — Trupanion, Inc. (Nasdaq: TRUP), the leading provider of medical insurance for cats and dogs, today announced financial results for the fourth quarter and full year ended December 31, 2021. “Our 60 month plan is off to a great start, as shown in our strong year-over-year growth metrics,” said Darryl Rawlings, founder and CEO of Trupanion. “In 2021, we added a record number of new pets while sustaining high-levels of retention, and maintaining scale in our subscription business. As a result, we were able to grow the funds generated from our existing pets by 37% and deploy 56% more capital year-over-year to acquire new pets at strong internal rates of return.” Full Year 2021 Financial and Business HighlightsTotal revenue was $699.0 million, an increase of 39% compared to 2020. Total enrolled...

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Conduent Announces Fourth Quarter and Full Year 2021 Financial Results

Key Q4 and Full Year 2021 HighlightsRevenue: Q4 $1,048M / FY $4,140M Adj. EBITDA Margin(1): Q4 10.9% / FY 11.8% Annual Recurring Revenue (ARR) signings: Q4 $111M / FY $408M Total Contract Value (TCV) new business signings: Q4 $310M / FY $1,785M Net ARR Activity Metric(2) (TTM): Q4 $128MFLORHAM PARK, N.J., Feb. 16, 2022 (GLOBE NEWSWIRE) — Conduent (NASDAQ: CNDT), a business process services and solutions company, today announced its fourth quarter and full year 2021 financial results. Cliff Skelton, Conduent President and CEO stated, “In 2021, we met or exceeded our commitments. We focused on execution, efficiency, driving improved client and end-user experiences and received recognition for our culture, technology-enabled solutions and overall delivery excellence. Our client satisfaction ratings have increased for the third...

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VOLT CARBON TECHNOLOGIES ANNOUNCES STOCK OPTION GRANT

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Calgary, AB, Canada, Feb. 16, 2022 (GLOBE NEWSWIRE) — Volt Carbon Technologies Inc. (“Volt Carbon” or the “Company”) (TSX-V: VCT) announces that it has granted an aggregate of 1,400,000 Options to a current Director of the Company, pursuant to the Company’s stock option plan. The Options have an exercise price of $0.125 per common share, expire on February 15, 2027. On behalf of the Board of Directors Volt Carbon Technologies Inc.William Pfaffenberger, Chairman of the Board, Chief Executive Officer and President Information Contact:Email: info@voltcarbontech.comTel: (250) 381-6181 Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for...

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Noble Capital Markets Initiates on Bowlero Corp. with an Out-Perform Rating and a Price Target of $14.50

RICHMOND, Va., Feb. 16, 2022 (GLOBE NEWSWIRE) — Bowlero Corp. (NYSE: BOWL), the world’s largest owner and operator of bowling centers, is pleased to announce that Noble Capital Markets has initiated equity research coverage on the Company. The full report by Noble Capital Markets Senior Research Analyst Michael Kupinski, as well as news and advanced market data on Bowlero Corp. is available on Channelchek. Additionally, Bowlero participated in Noble Capital Markets’ C-Suite Interview Series, presented by Channelchek. Bowlero President and CFO Brett Parker sat down with Michael Kupinski for an exclusive interview, topics covered include:What led to the company going public after a rich 25-year history Competition, current market share, and the attractive growth outlook What regions present the best opportunity for expansion? The...

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Proactive news headlines including Meta, Trillion Energy, Mydecine Innovations, American Battery Technology and East Side Games Group

New York , Feb. 16, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies:Meta agrees to pay US$90mln in decade-long privacy suit click here Stifel GMP and Canaccord bullish on Maverix Metals after royalty company beats 2021 annual guidance click here American Battery Technology secures additional 1,800 acres of lithium-bearing claims in Tonopah Flats, Nevada click here ME2C Environmental sees 60% surge in 2022 preliminary revenue on core business strength click here BioVaxys says studies on BVX-0320, its haptenized SARS-CoV-2 s-spike protein vaccine, suggest superior cardiac safety click here CO2 GRO forecasts 2022 revenue of $1.5M-$2.5M, building on 2021 growth momentum click here Trillion Energy hires Schlumberger...

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Millennium Sustainable Ventures Corp., Formerly Millennium Investment & Acquisition Co. Inc., Announces Name Change and other Corporate Updates

Old Bethpage, New York, Feb. 16, 2022 (GLOBE NEWSWIRE) — Millennium Investment & Acquisition Co. Inc. (Ticker: MILC) (“MILC” or the “Company”) today announced that it has changed its name to “Millennium Sustainable Ventures Corp.” As announced earlier this year MILC, is seeking deregistration as a 1940 Act Company and pivoting to operating businesses rather than investing in securities. MILC currently has two lines of business: sustainable cultivation of Cannabis in greenhouses through Millennium Cannabis and sustainable production of Activated Carbon through Millennium Carbon. The name change is appropriate as we work to complete the deregistration process. David Lesser, Chairman and CEO commented, “Millennium Sustainable Ventures is excited to announce its new name which more reflects the environmentally-friendly business...

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