Day: February 24, 2022

Home Point Capital Reports Fourth Quarter 2021 Financial Results

Written by Customer Service on February 24, 2022. Posted in Earnings Releases And Operating Results.

– Quarterly Origination Volume of $21 Billion – – 2021 Origination Volume of $96 Billion, Up 55% Y/Y – – 2021 Broker Partner Growth of 49% Y/Y – – Fourth Quarter 2021 Net Income of $19 Million; $0.14 per Diluted Share – ANN ARBOR, Mich., Feb. 24, 2022 (GLOBE NEWSWIRE) — Home Point Capital Inc. (NASDAQ: HMPT) (together with its subsidiaries, “Home Point Capital” or the “Company”), the parent entity of Home Point Financial Corporation (“Homepoint”), today announced its financial results for the fourth quarter and full year ended December 31, 2021. “The flexibility of our model and team enabled us to adapt to a rapidly evolving market and ultimately produce another record year of growth,” said Willie Newman, President and Chief Executive Officer. “We expanded our broker partner network to over 8,000 brokerages and made meaningful...

Saratoga Investment Corp. Declares Quarterly Dividend of $0.53 per Share for the Fiscal Fourth Quarter Ended February 28, 2022

Written by Customer Service on February 24, 2022. Posted in Dividend Reports And Estimates.

NEW YORK, Feb. 24, 2022 (GLOBE NEWSWIRE) — Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced that its Board of Directors has declared a quarterly dividend of $0.53 per share for the fiscal fourth quarter ended February 28, 2022, payable on March 28, 2022, to all stockholders of record at the close of business on March 14, 2022. “Our continued strong track record, superior portfolio performance, healthy credit profile, robust deal pipeline, and ongoing asset growth are key attributes of our ability to deliver consistent financial performance and support a program of paying attractive quarterly dividends,” said Christian L. Oberbeck, Chairman and Chief Executive Officer of Saratoga Investment. “This dividend strategy is consistent with our objective of producing...

Verisk Acquires Identity Resolution & Consumer Intelligence Leader Infutor

Written by Customer Service on February 24, 2022. Posted in Mergers And Acquisitions.

Infutor will combine with Verisk’s Jornaya to create Verisk Marketing Solutions JERSEY CITY, N.J., Feb. 24, 2022 (GLOBE NEWSWIRE) — Verisk (Nasdaq: VRSK), a leading global data analytics provider, announced today it has acquired Infutor, a leading provider of identity resolution and consumer intelligence data. The acquisition further enhances Verisk’s marketing solutions offerings to companies across several industries including the insurance industry. Verisk plans to integrate Infutor with Jornaya, which it acquired in 2020, to form Verisk Marketing Solutions. Infutor provides real-time identity resolution and consumer intelligence to marketers and the platforms and data companies that build products to serve marketers. Demand for Infutor’s services has spiked as the MarTech and AdTech communities prepare for a future without...

Smart for Life Acquires Sports Illustrated Nutrition Trademark Rights

Written by Customer Service on February 24, 2022. Posted in Mergers And Acquisitions.

Rights Were Secured Pursuant to SMFL’s Acquisition of GSP Nutrition MIAMI, Feb. 24, 2022 (GLOBE NEWSWIRE) — Smart for Life, Inc. (NASDAQ: SMFL), a leading developer, marketer, and manufacturer of nutritional and related products, today announced the rollout of its Sports Illustrated Nutrition brand pursuant to its acquisition of GSP Nutrition, Inc., as disclosed in the prospectus for the company’s recently closed initial public offering. The announcement was made by A.J. Cervantes, Jr., the Smart for Life Chairman. The acquisition of GSP Nutrition, Inc. and the Sports Illustrated Nutrition brand was completed on December 6, 2021. The initial rollout of the Sports Illustration Nutrition product, marketed by the Company’s Nexus Offers’ division, has now commenced on a test market basis with full rollout anticipated within Q-1 2022. About...

Rover Metals Announces Acquisition of Tobin Gold Project, Winnemucca, NV, USA

Written by Customer Service on February 24, 2022. Posted in Mergers And Acquisitions.

VANCOUVER, British Columbia, Feb. 24, 2022 (GLOBE NEWSWIRE) — Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FRA:4XO) (“Rover” or the “Company”) is pleased to announce its acquisition of the Tobin Gold Project situated in the Mt. Tobin range, in northern Nevada. The Tobin Project is located 77 km by road south of the city of Winnemucca, NV, and is in the heart of a rich gold jurisdiction that has seen major consolidation in the past 24 months. Tobin Gold ProjectRover has acquired a 100% interest in the Tobin Gold Project (“Tobin”) which is comprised of 68 claims within BLM land, for a total of 1,405 acres (or 569 hectares). Tobin is a Carlin-style gold system set in Mesozoic rocks. The project is located about 40 km from the operating Phoenix Gold Mine, which is owned by Nevada Gold Mines, a joint venture between Newmont and Barrick....

Neovasc to Report Fourth Quarter and Full Year 2021 Financial Results on March 10, 2022

Written by Customer Service on February 24, 2022. Posted in Earnings Releases And Operating Results.

VANCOUVER, Feb. 24, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Neovasc Inc. (NASDAQ, TSX: NVCN), will report financial results for the quarter and full year ended December 31, 2021 on Thursday, March 10, 2022. Neovasc’s President and Chief Executive Officer Fred Colen, and Chris Clark, Chief Financial Officer, will host a conference call to review the company’s results at 4:30 pm EDT on March 10, 2022. Interested parties may access the conference call by dialing (877) 407-9208 or (201) 493-6784 (International) and reference Conference ID 13726770. Participants wishing to join the call via webcast should use the link posted on the investor relations section of the Neovasc website at https://www.neovasc.com/investors/. A replay of the webcast will be available approximately 30 minutes after the conclusion of the call using the link...

Urbanimmersive Announces its 2022 First Quarter Financial Results

Written by Customer Service on February 24, 2022. Posted in Earnings Releases And Operating Results.

SAINT-HUBERT, Quebec, Feb. 24, 2022 (GLOBE NEWSWIRE) — Urbanimmersive Inc. (“Urbanimmersive,” the “Company” or “UI”) (TSV-V UI) (OTCQB: UBMRF) today announced select financial results and presents business highlights for its first quarter ended December 31, 2021. The financial statements and related management’s discussion and analysis (“MD&A”) can be viewed on SEDAR at https://www.sedar.com/. HIGHLIGHTSFor Q1-22, the Company generated total revenues of $995k compared to $897k for Q1-21, an increase of $98k or 10.9%;In Q1-22, the Company sold 1,823 immersive 3D tours ($73k) compared to 552 tours ($22k) in Q1-21, an increase of 1,271 tours (+$51k);In Q1-22, the Company launched its premium monthly subscription program UiMeet3D with more than 25% of its customers having already adopted it after 3 months;During the quarter,...

Myriad Genetics Reports Fourth Quarter 2021 Results, Provides Updates on Product Performance and Growth Initiatives

Written by Customer Service on February 24, 2022. Posted in Earnings Releases And Operating Results.

Highlights:Strong business performance despite COVID-19 headwinds Revenue of $160.8 million in the fourth quarter and $690.6 million for the year ended Dec. 31, 2021, up 4% and 24%, respectivelyExcluding revenue from divested businesses, revenue increased 19% for the fourth quarter and 34% for the yearDiluted GAAP earnings per share (EPS) of $(0.10) and adjusted EPS of $(0.02) in the fourth quarter of 2021 Ended the quarter with $398.8 million in cash, cash equivalents and investmentsSALT LAKE CITY, Feb. 24, 2022 (GLOBE NEWSWIRE) — Myriad Genetics, Inc. (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today announced financial results for its fourth quarter and year ended Dec. 31, 2021. The company also reiterated financial guidance for 2022 and provided an update on business performance and strategic...

California Water Service Group Announces 2021 Earnings for Year and Fourth Quarter

Written by Customer Service on February 24, 2022. Posted in Earnings Releases And Operating Results.

SAN JOSE, Calif., Feb. 24, 2022 (GLOBE NEWSWIRE) — California Water Service Group (NYSE: CWT) ( “Company”) today announced net income attributable to CWT of $101.1 million and diluted earnings per share of $1.96 for 2021, compared to net income attributable to CWT of $96.8 million and diluted earnings per share of $1.97 in 2020. The $4.3 million increase in net income attributable to CWT was driven primarily by general rate increases of $14.0 million, non-regulated revenue of $5.8 million, reduction in operating income tax expense of $8.6 million, and decrease in bad debt expense of $4.6 million. These positive factors were partially offset by increases in depreciation and amortization expenses of $10.2 million, employee wages of $3.2 million, uninsured loss expense of $1.9 million, property and other taxes of $2.4 million, and...

eXp World Holdings Reports Record Full-Year 2021 Revenue of $3.8 Billion

Written by Customer Service on February 24, 2022. Posted in Earnings Releases And Operating Results.

Image 1 2021 Marks Record Revenue of $3.8 Billion for EXPIImage 2 2021 Revenue Doubles Over Prior Year for EXPIImage 3 2021 Gross Profit Increase 85% Compared to 2020 for EXPIImage 4 EXPI Declares First Quarter 2022 Cash Dividend2021 Marks Highest Revenue and Profit Year in Company History, Driven by a 72% Increase in Agent Growth Company Declares Cash Dividend for Q1 2022 of $0.04 per Share of Common Stock BELLINGHAM, Wash., Feb. 24, 2022 (GLOBE NEWSWIRE) — eXp World Holdings, Inc. (Nasdaq: EXPI), (or the “Company”), the holding company for eXp Realty®, Virbela and SUCCESS® Enterprises, today announced financial results for the fourth quarter and full-year ended Dec. 31, 2021. Fourth Quarter and Full-Year 2021 Financial Highlights as Compared to the Same Year-Ago Period:Revenue increased 110% to $3.8 billion in 2021...

Day: February 24, 2022

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