Day: February 24, 2022

FOXO Technologies Inc. Enters Into Business Combination Agreement with Delwinds Insurance Acquisition Corp.

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

FOXO aims to make longevity science fundamental to life insurance FOXO applies epigenetic science and AI to commercialize saliva-based biomarkers that simplify the consumer underwriting journey and enhance the consumer value proposition FOXO plans to launch proprietary life insurance products in 2022 that drive distribution and services platform offering saliva-based underwriting technology and consumer engagement Transaction estimates a pre-money enterprise value of $369 million for FOXO Investor call scheduled for February 25th at 10:00 a.m. ET Minneapolis, MN & Houston, TX, Feb. 24, 2022 (GLOBE NEWSWIRE) — FOXO Technologies Inc. (“FOXO”), a technology company applying epigenetic science and AI to modernize the life insurance industry, has entered into a definitive merger agreement with special purpose acquisition company...

Osisko Reports Strong 2021 Results and Provides 2022 Guidance and 5-Year Outlook

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

Record cash margin of $187.2 million Record operating cash flows from the royalties and streams segment of $153.2 million MONTRÉAL, Feb. 24, 2022 (GLOBE NEWSWIRE) — Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) today announced its consolidated financial results for the fourth quarter and full year 2021, and provides guidance for 2022 as well as an inaugural 5-year growth outlook. Amounts presented are in Canadian dollars, except where otherwise noted. 2021 Financial Highlights80,000 GEOs1 earned in 2021, in-line with guidance (2020 – 66,113 GEOs);Record revenues from royalties and streams of $199.6 million (2020 – $156.6 million);Consolidated cash flows from operating activities of $106.1 million (2020 – $108.0 million);Record operating cash flows from the royalties and streams segment2 of...

Navient declares first quarter common stock dividend

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

WILMINGTON, Del., Feb. 24, 2022 (GLOBE NEWSWIRE) — Navient (Nasdaq: NAVI), a leader in education loan management and business processing solutions, announced that its board of directors approved a 2022 first quarter dividend of $0.16 per share on the company’s common stock. The first quarter 2022 dividend will be paid on March 18, 2022, to shareholders of record at the close of business on March 4, 2022. About NavientNavient (Nasdaq: NAVI) is a leading provider of education loan management and business processing solutions for education, healthcare, and government clients at the federal, state, and local levels. Navient helps clients and millions of Americans achieve success through technology-enabled financing, services, and support. Learn more at Navient.com. Contact:Media: Paul Hartwick, 302-283-4026, paul.hartwick@navient.com Investors:...

Vonage Reports Fourth Quarter 2021 Financial Results

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

HOLMDEL, N.J., Feb. 24, 2022 (GLOBE NEWSWIRE) — Vonage Holdings Corp. (Nasdaq: VG), a global leader in cloud communications helping businesses accelerate their digital transformation, today announced results for the quarter and full year ended December 31, 2021. Fourth Quarter 2021 Highlights:Consolidated revenue of $366 million, an increase of 13% year-over-yearConsumer revenue of $66 million, a decrease of 16% year-over-year Vonage Communications Platform (VCP) revenue of $300 million, an increase of 23% year-over-yearVCP Service revenue of $287 million, an increase of 25% year-over-yearAPI revenue of $165 million, an increase of 38% year-over-year Unified Communications & Contact Center Service revenue of $122 million, an increase of 10% year-over-yearConsolidated Net Loss of $22 million, a decrease of $8...

Baytex Announces Fourth Quarter and Year-End 2021 Results, Reserves and Return of Capital Framework

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

CALGARY, Alberta, Feb. 24, 2022 (GLOBE NEWSWIRE) — Baytex Energy Corp. (“Baytex”)(TSX: BTE) reports its operating and financial results for the three months and year ended December 31, 2021 (all amounts are in Canadian dollars unless otherwise noted). “In 2021, we made a commitment to maintain capital discipline, maximize free cash flow and reduce our net debt. I am very pleased to say we delivered on all fronts with strong operational execution, record free cash flow and a significantly improved balance sheet. With continued operating momentum and current commodity prices, we expect to generate over $550 million of free cash flow in 2022 and reach our initial $1.2 billion net debt target during the second quarter. As a result, we are announcing the next phase of our return of capital framework, which includes allocating...

Ryman Hospitality Properties, Inc. Reports Fourth Quarter and Full Year 2021 Results

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

NASHVILLE, Tenn., Feb. 24, 2022 (GLOBE NEWSWIRE) — Ryman Hospitality Properties, Inc. (NYSE: RHP), a lodging real estate investment trust (“REIT”) specializing in group-oriented, destination hotel assets in urban and resort markets, today reported financial results for the three months and year ended December 31, 2021. Fourth Quarter 2021 Highlights and Recent Developments:Q4 2021 Net Loss available to common shareholders of $(6.0) million improved sequentially by 30.0% from Q3 2021. Q4 2021 consolidated Adjusted EBITDAre of $85.6 million driven by strong leisure occupancy and ADR. Despite larger than expected group cancellations driven by Delta and Omicron variants, occupancy for the Hospitality segment was 53.0% in Q4 2021, with nearly 236,000 group room nights traveling during the quarter representing 46.4% of total occupancy. The...

Generation Bio Outlines 2022 Strategic Priorities and Reports Fourth Quarter and Full Year 2021 Financial Results

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

Well-capitalized with $375.1 million at the end of 2021, funding planned operations into 2024 CAMBRIDGE, Mass., Feb. 24, 2022 (GLOBE NEWSWIRE) — Generation Bio Co. (Nasdaq: GBIO), a biotechnology company innovating genetic medicines for people living with rare and prevalent diseases, outlined its strategic priorities for 2022 and reported fourth quarter and full year 2021 financial results. “Our primary focus is on diseases of the liver, where we are working to complete optimization of our cell-targeted lipid nanoparticle, or ctLNP, for the liver to advance our lead hemophilia A program as well as subsequent liver programs,” said Geoff McDonough, M.D., president and chief executive officer of Generation Bio. “In parallel, we are advancing our retina ctLNP to support our Stargardt program, and our vaccine ctLNP to enable our work...

Compass Diversified Reports Fourth Quarter 2021 Financial Results and Full Year 2021 Financial Results

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

Branded Consumer Performance and Rebounding Industrials Drive Record Fourth Quarter and Full Year Operating Results Accelerates Portfolio Transformation and Strengthens Capital Structure Permanent Capital Advantage Positioned CODI to Opportunistically Acquire Platform Business and Complete Strategic Add-Ons in 2021 WESTPORT, Conn., Feb. 24, 2022 (GLOBE NEWSWIRE) — Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today its consolidated operating results for the three and twelve months ended December 31, 2021. “Our momentum continued in the fourth quarter as CODI delivered a fourth consecutive quarter of record results and the best year-end results in our history,” said Elias Sabo, CEO of Compass Diversified. “Our consumer business again delivered solid results,...

Gaming and Leisure Properties, Inc. Reports Fourth Quarter 2021 Results

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

Establishes 2021 First Quarter Dividend of $0.69 per Common Share WYOMISSING, Pa., Feb. 24, 2022 (GLOBE NEWSWIRE) — Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI” or the “Company”) today announced financial results for the fourth quarter and year-ended December 31, 2021. Financial Highlights Three Months Ended December 31, Year Ended December 31,(in millions, except per share data) 2021 Actual 2020 Actual 2021 Actual 2020 ActualTotal Revenue $ 298.3 $ 300.2 $ 1,216.4 $ 1,153.2 Income From Operations $ 204.4 $ 241.5 $ 841.8 $ 809.3 Net income $ 119.6 $ 169.3 $ 534.1 $ 505.7 FFO (1) (4) $ 178.0 $ 184.1 $ 765.7 $ 684.4 AFFO (2) (4) $ 205.3 $ 193.4 $ 812.0 $ 757.4 Adjusted EBITDA (3) (4) $ 277.2 $ 264.6 $ 1,096.6 $ 1,035.5 Net...

CubeSmart Reports 2021 Annual Results

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

MALVERN, Pa., Feb. 24, 2022 (GLOBE NEWSWIRE) — CubeSmart (NYSE: CUBE) today announced its operating results for the three and twelve months ended December 31, 2021. “We closed out a remarkable 2021 with continued execution across all of our strategic growth objectives. Organic growth remained robust and we completed the Storage West acquisition, strategically growing our portfolio across key west coast markets,” commented President and Chief Executive Officer Christopher P. Marr. “We are confident that 2022 will be another excellent year for our industry and our company.” Key Highlights for the Fourth QuarterReported earnings per share (“EPS”) attributable to the Company’s common shareholders of $0.21. Reported funds from operations (“FFO”) per share, as adjusted, of $0.58. Increased same-store (506 stores) net operating income...

Day: February 24, 2022

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