Month: February 2022

FEMSA Announces Fourth Quarter and Full Year 2021 Results

Written by Customer Service on February 28, 2022. Posted in Earnings Releases And Operating Results.

MONTERREY, Mexico, Feb. 28, 2022 (GLOBE NEWSWIRE) — Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced today its operational and financial results for the fourth quarter and full year of 2021. HIGHLIGHTSOur results during 2020 were significantly impacted by the COVID-19 pandemic and the related changes in consumer mobility and behavior across markets. As we look at our 4Q21 results, the comparison base of 4Q20 is only a partial benchmark. Therefore, to facilitate the reader’s assessment of our business units’ performance in 4Q21, we provide the following table that includes variations versus 4Q19 as well. FINANCIAL SUMMARY FOR THE FOURTH QUARTER AND FULL YEAR 2021 Information includes figures in millions of Ps. and variations as change vs. respective...

Interim Unaudited Financial Results Q4 2021 and Preliminary Unaudited Financial Results Full Year 2021

Written by Customer Service on February 28, 2022. Posted in Earnings Releases And Operating Results.

Revenue more than doubled in Q4 2021Atilla Aytekin and Umut Akpinar CEOs and Founders of AzerionRevenue and Earnings Q4 2021 compared to Q4 2020Platform Revenue Q4 2021 compared to Q4 2020Premium Games Revenue Q4 2021 compared to Q4 2020AMSTERDAM, Feb. 28, 2022 (GLOBE NEWSWIRE) — Highlights of Q4 2021 +120.4% Revenue increase vs Q4 2020Revenue for the quarter amounted to EUR 126.3m, an increase of EUR 69.0m, or 120.4%, as compared to Q4 2020 (EUR 57.3m). Of that increase EUR 32.8m was attributable to acquisitions made in 2021 and EUR 36.2m to the underlying business as it stood at the end of 2020 across Platform and Premium Games Adjusted EBITDA for the quarter amounted to EUR 19.1m, an increase of EUR 7.8m, or 68.9%, as compared to Q4 2020 (EUR 11.3m) All activities have continued to perform well throughout Q4...

Lincoln Educational Services Reports Continued Growth for Fourth Quarter and Full Year 2021

Written by Customer Service on February 28, 2022. Posted in Earnings Releases And Operating Results.

2021 Operating and Financial Results Met or Exceeded Guidance Conference Call Today at 10 a.m. ET PARSIPPANY, N.J., Feb. 28, 2022 (GLOBE NEWSWIRE) — Lincoln Educational Services Corporation (Nasdaq: LINC) today, reported operating and financial results for the fourth quarter and full year ended December 31, 2021 as well as recent business developments. Fourth Quarter 2021 Financial Highlights and Recent Operating Developments Revenue of $87.8 million, up 7.4% compared to prior year Adjusted EBITDA* of $15.1 million, up 13.1% over prior year Average student population up 6.3%; ending population up 6.9% or 850 students Consummated sale-leaseback transactions generate gain on sale of $22.5 million and net proceeds of $45.4 million, with approximately $17 million used to retire all outstanding debt Net cash position of $83.3 million,...

Zogenix Provides Corporate Update and Reports Fourth Quarter and Full-Year 2021 Financial Results

Written by Customer Service on February 28, 2022. Posted in Earnings Releases And Operating Results.

Total revenue of $26.6 million in the fourth quarter and $81.7 million for the full year FINTEPLA® net product sales of $23.5 million in the fourth quarter and $74.7 million for the full year Announced U.S. Food and Drug Administration acceptance with Priority Review of Supplemental New Drug Application for FINTEPLA in Lennox-Gastaut Syndrome (LGS) Submitted Type II Variation Application to the European Medicines Agency to expand the use of FINTEPLA for LGS Submitted New Drug Application to Japan’s Ministry of Health, Labour & Welfare for the marketing approval of FINTEPLA in Dravet syndrome Previously announced agreement to be acquired by UCB; transaction expected to close in the first half of 2022EMERYVILLE, Calif., Feb. 28, 2022 (GLOBE NEWSWIRE) — Zogenix (NASDAQ: ZGNX), a global biopharmaceutical company developing...

Highland Copper Reports Second Quarter 2022 Results and Provides Update on Ongoing Transformation

Written by Customer Service on February 28, 2022. Posted in Earnings Releases And Operating Results.

LONGUEUIL, Quebec, Feb. 28, 2022 (GLOBE NEWSWIRE) — Highland Copper Company Inc. (TSXV: HI, OTCQB: HDRSF) (the “Company” or “Highland Copper”) reports second quarter 2022 results and provides an update on the Company’s ongoing transformation. For detailed information, please refer to the Company’s Management’s Discussion and Analysis (“MD&A”) and consolidated financial statements for the quarter ended December 31, 2021 that are available on the Company’s website at www.highlandcopper.com and on SEDAR at www.sedar.com. All figures are in US dollars unless otherwise stated. Second Quarter and Year-to-date 2022 HighlightsOn July 27, 2021, Highland Copper completed the acquisition of the White Pine North Project in Michigan. White Pine North has a significant Indicated Resource of 3.2 billion pounds...

Harmony Biosciences Reports Fourth Quarter and Full Year 2021 Financial Results and Business Updates

Written by Customer Service on February 28, 2022. Posted in Earnings Releases And Operating Results.

WAKIX®(pitolisant) Net Revenue Increased 62% Year-over-Year to $91.2 Million for Fourth Quarter 2021 and 91% to $305.4 Million for Full Year Achieved First Full Year of Profitability and Net income was $22.7 Million for the Fourth Quarter 2021 Average Number of Patients on WAKIX Increased to ~3,800 On Track to Initiate the Phase 3 Clinical Trial in Patients with Idiopathic Hypersomnia First Half of This Year Year-End 2021 Cash and Cash Equivalents of Approximately $234 Million Conference Call and Webcast to be Held Today at 8:30 a.m. ET PLYMOUTH MEETING, Pa., Feb. 28, 2022 (GLOBE NEWSWIRE) — Harmony Biosciences Holdings, Inc. (“Harmony” or the “Company”) (Nasdaq: HRMY), a pharmaceutical company dedicated to developing and commercializing innovative therapies for patients with rare neurological diseases, today reported financial...

ES Bancshares, Inc. and Empire State Bank Announce Expected Income from Sale of Newburgh Office

Written by Customer Service on February 28, 2022. Posted in Public Companies.

STATEN ISLAND, N.Y., Feb. 28, 2022 (GLOBE NEWSWIRE) — ES Bancshares, Inc. (the “Company”) (OTCQX: “ESBS”), the bank holding company for Empire State Bank (the “Bank”), today announced that the Bank expects to recognize an estimated $1.5 million of noninterest income based on deposit levels to be sold in connection with the sale of its office located at 68 North Plank Road, Newburgh, New York (the “Branch”) to Wallkill Valley Federal Savings and Loan Association. The sale of the Branch was previously announced on December 23, 2021, and is expected to be completed during the second quarter of 2022. About ES Bancshares, Inc. and Empire State Bank ES Bancshares, Inc. is the bank holding company for Empire State Bank which offers a wide range of financial services through its branch office network in Newburgh, Brooklyn and Staten Island,...

With 47 New Insurance Carriers Contributing, Verisk’s ISO Statistical Database Breaks Growth Record for 2nd Year in a Row

Written by Customer Service on February 28, 2022. Posted in Public Companies.

84 Property/Casualty Insurers Join Statistical Database in Past Two Years, Gain Access to Verisk’s Industry-Leading Source of Advanced Insurance AnalyticsVerisk Graph Verisk GraphJERSEY CITY, N.J., Feb. 28, 2022 (GLOBE NEWSWIRE) — Verisk’s insurance database has broken its growth record for the second consecutive year. An additional 47 property/casualty insurers have committed to contributing their premium and loss records in 2022, gaining access to critical analytics from Verisk’s industry-leading ISO Statistical Database. In 2020, 37 insurers joined Verisk’s statistical database. Last year, that number increased to 47 new insurers, including global, national, super-regional and regional companies—making it the most new participants to join over the past 10 years. These new contributors are expected to significantly increase...

Toll Brothers Opens New Luxury Single-Family Community in Hopkinton

Written by Customer Service on February 28, 2022. Posted in Public Companies.

Edgewood at Hopkinton by Toll Brothers Toll Brothers announced the opening of its newest luxury home community, Edgewood at Hopkinton in Hopkinton, Massachusetts.Edgewood at Hopkinton by Toll Brothers “With floor plans designed for today’s buyers and unrivaled personalization options offered on site, Edgewood at Hopkinton will offer residents the best in luxury living in one of the area’s most desirable communities,” said Dave Bauer, Division President of Toll Brothers in Massachusetts. “We are excited to bring our stunning collection of new home designs to this very special community.”HOPKINTON, Mass., Feb. 28, 2022 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the opening of its newest luxury, single-family home community, Edgewood at Hopkinton, located...

Hanmi Financial Corporation Announces Redemption of Subordinated Notes Due March 30, 2027

Written by Customer Service on February 28, 2022. Posted in Public Companies.

LOS ANGELES, Feb. 28, 2022 (GLOBE NEWSWIRE) — Hanmi Financial Corporation (NASDAQ: HAFC, or “Hanmi”), the holding company for Hanmi Bank, today announced that it has issued a notice of redemption for its 5.45% Subordinated Notes due March 30, 2027 (the “2027 Subordinated Notes”) regarding the redemption of all of the outstanding $100 million aggregate principal amount of the 2027 Subordinated Notes. The redemption date for the 2027 Subordinated Notes is March 30, 2022 (the “Redemption Date”). A portion of the redemption will be funded with the proceeds from Hanmi’s August 20, 2021 subordinated debt offering. The redemption price for each of the 2027 Subordinated Notes will equal 100% of the outstanding principal amount to be redeemed, plus any accrued and unpaid interest thereon. All interest accruing on the 2027 Subordinated Notes...

Month: February 2022

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