Month: February 2022

Colabor Group Reports Results for the Fourth Quarter and Fiscal 2021

Written by Customer Service on February 25, 2022. Posted in Earnings Releases And Operating Results.

BOUCHERVILLE, Quebec, Feb. 25, 2022 (GLOBE NEWSWIRE) — Colabor Group Inc. (TSX: GCL) (“Colabor” or the “Company”) reports its results for the fourth quarter and the fiscal year ended December 25, 2021. Fourth Quarter 2021 Financial Highlights:Sales increased by 12.9% to $150.5 million, compared to $133.3 million for the fourth quarter of 2020, with restaurant dining rooms open throughout the quarter in 2021 unlike the closing of the dining rooms from October 1, 2020; Net earnings from continuing operations increased to $5.3 million compared to $0.6 million for the corresponding period of 2020, resulting primarily from the increased income not related to current operations, essentially from the partial reimbursement of a penalty paid in 2017 to the Ontario Ministry of Finance; Adjusted EBITDA(1) decreased to $7.1 million from...

Southern Missouri Bancorp, Inc. Announces Completion of Merger with Fortune Financial Corporation

Written by Customer Service on February 25, 2022. Posted in Mergers And Acquisitions.

Poplar Bluff, Missouri, Feb. 25, 2022 (GLOBE NEWSWIRE) — Southern Missouri Bancorp, Inc. (“Southern Missouri” or the “Company,” NASDAQ: SMBC), parent company of Southern Bank, Poplar Bluff, Missouri, announced that its merger with Fortune Financial Corporation (“Fortune”), Arnold, Missouri, was completed today. Fortune was the parent company of FortuneBank, which was merged with and into Southern Bank. Following the completion of the merger, Southern Missouri now operates 52 banking facilities in Missouri, Illinois, and Arkansas. Greg Steffens, President and Chief Executive Officer of Southern Missouri, commented, “We want to welcome the FortuneBank team members and customers to the Southern Bank family. We are looking forward to being a part of these growing markets in the St. Louis MSA and want to become a dependable partner...

DMC Global Issues Correction to Previously Reported Non-GAAP Adjusted Earnings Per Share For 2021 Fourth Quarter And Full-Year

Written by Customer Service on February 25, 2022. Posted in Earnings Releases And Operating Results.

Note: This news release includes a correction to DMC Global’s non-GAAP adjusted diluted net income per share attributable to DMC Global for the fourth quarter and full-year ended December 31, 2021. This financial measure should have been reported as $0.01 per diluted share for the fourth quarter and $0.16 per diluted share for the full fiscal year. In a news release published on February 24, 2022, this financial measure was reported as $0.05 per diluted share for the fourth quarter, and $0.20 per diluted share for the full year. This news release incorporates corrections to these financial measures.Fourth quarter sales were $71.8 million, up 7% sequentially and 26% versus Q4 2020 Fourth quarter gross margin was 18% versus 25% in Q3 2021 and 21% in Q4 2020 Fourth quarter net loss attributable to DMC was $2.8 million Fourth quarter net...

EssilorLuxottica: Full-Year 2021 Results Conference Call Invitation

Written by Customer Service on February 25, 2022. Posted in Earnings Releases And Operating Results.

Full–Year 2021 Results Conference Call Invitation Mr Francesco Milleri, Chief Executive Officer,Mr Paul du Saillant, Deputy Chief Executive Officer,Mr Stefano Grassi, Chief Financial Officer, andMr Giorgio Iannella, Head of Investor Relations, have the pleasure of inviting you to our Full-Year 2021 Results Conference Call on: Friday, 11 March 2022, at 10:30am CET Dial-in access telephone numbers: France: 09 70 73 39 58Italy: 06 9450 1060Spain: 919 01 16 44UK: 020 3936 2999US: 1 646 664 1960All other locations: +44 20 3936 2999 Access codes: Analyst – 625 813Press – 694 712 Live webcast: You can watch the presentation on the following link: https://streamstudio.world-television.com/1217-2090-31737/en A press release reporting the results will be released at 7am CET on the same day. A presentation will be made available prior to the...

Alcanna Inc. Announces Extension of Outside Date for Plan of Arrangement

Written by Customer Service on February 25, 2022. Posted in Mergers And Acquisitions.

EDMONTON, Alberta, Feb. 25, 2022 (GLOBE NEWSWIRE) — Alcanna Inc. (“Alcanna” or the “Company“) (TSX: CLIQ) announces today that by mutual agreement with Sundial Growers Inc. (“Sundial“), they are extending the outside date for closing the transaction (the “Arrangement“) contemplated under the arrangement agreement between Sundial and Alcanna dated October 7, 2021, and amended on January 6, 2022 (the “Arrangement Agreement“), to March 30, 2022 in accordance with terms of the Arrangement Agreement. Alcanna and Sundial agreed to extend the outside date to complete the required closing matters contemplated by the Arrangement Agreement. Completion of the Arrangement remains subject to certain other customary closing conditions as further described in the Arrangement Agreement,...

Middlesex Water Announces 2021 Fourth Quarter and Year End Results

Written by Customer Service on February 25, 2022. Posted in Earnings Releases And Operating Results.

ISELIN, N.J., Feb. 25, 2022 (GLOBE NEWSWIRE) — Middlesex Water Company (“Middlesex” or the “Company”) (NASDAQ:MSEX) today announced financial results for the fourth quarter and year ended December 31, 2021. 2021 OPERATING RESULTS Consolidated operating revenues increased to $143.1 million for the year ended December 31, 2021, up $1.5 million from 2020. The increase in operating revenues is primarily due to customer growth and increased water consumption related to higher demand from residential customers in our Delaware water systems and a full year of revenues from our contract to operate and maintain the Highland Park, New Jersey water and wastewater systems. Operation and maintenance expenses for the year ended December 31, 2021 increased to $73.7 million, an increase of $2.9 million from the same period in 2020. Higher weather...

Raymond James Financial Declares Quarterly Dividend

Written by Customer Service on February 25, 2022. Posted in Dividend Reports And Estimates.

ST. PETERSBURG, Fla., Feb. 25, 2022 (GLOBE NEWSWIRE) — On February 25, 2022, the Raymond James Financial, Inc. (NYSE: RJF) Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.34 per share, payable April 18, 2022 to shareholders of record on April 4, 2022. About Raymond James Financial, Inc. Raymond James Financial, Inc. (NYSE: RJF) is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The company has approximately 8,700 financial advisors. Total client assets are $1.25 trillion. Public since 1983, the firm is listed on the New York Stock Exchange under the symbol RJF. Additional information is available at www.raymondjames.com. Forward-Looking Statements Certain...

Performance Shipping Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2021

Written by Customer Service on February 25, 2022. Posted in Earnings Releases And Operating Results.

ATHENS, Greece, Feb. 25, 2022 (GLOBE NEWSWIRE) — Performance Shipping Inc. (NASDAQ: PSHG) (the “Company”), a global shipping company specializing in the ownership of tanker vessels, today reported a net loss from continuing and discontinued operations attributable to common stockholders of $2.1 million for the fourth quarter of 2021, compared to a net loss from continuing and discontinued operations attributable to common stockholders of $2.5 million for the same period in 2020. Loss per share, basic and diluted, for the fourth quarter of 2021 and 2020 was $0.41 and $0.51, respectively. Revenue from continuing and discontinued operations was $9.6 million ($5.4 million net of voyage expenses) for the fourth quarter of 2021, compared to $7.2 million ($3.9 million net of voyage expenses) for the same period in 2020. This increase...

Momentive Announces Termination of Zendesk Transaction

Written by Customer Service on February 25, 2022. Posted in Mergers And Acquisitions.

SAN MATEO, Calif., Feb. 25, 2022 (GLOBE NEWSWIRE) — Momentive Global (NASDAQ: MNTV) announced today that its previously announced merger agreement with Zendesk has terminated. While Momentive received the requisite number of votes from its stockholders to approve the transaction, Zendesk did not receive the requisite number of votes from its stockholders. Momentive CEO Zander Lurie commented, “While we are disappointed that Zendesk stockholders did not vote to approve the transaction, we are confident in our go-forward strategy. We have a strong portfolio of products that address valuable customer needs, and our market opportunity is larger and more relevant than ever. We’ve always been focused on driving stockholder value and remain committed to this important objective on the journey ahead.” About Momentive Momentive (NASDAQ:...

Amalgamated Bank Provides Update on Acquisition of Amalgamated Bank of Chicago

Written by Customer Service on February 25, 2022. Posted in Mergers And Acquisitions.

Reaffirms Full Year 2022 Guidance Expands Share Repurchase Program up to $40 Million NEW YORK, Feb. 25, 2022 (GLOBE NEWSWIRE) — Amalgamated Financial Corp. (Nasdaq: AMAL), the holding company for Amalgamated Bank (“AMAL” or the “Bank”), America’s socially responsible bank, today announced it has withdrawn its application for regulatory approval to acquire Amalgamated Bank of Chicago (“ABOC”) due to an inability to obtain such approval. As a result, AMAL is no longer proceeding with the transaction. AMAL reaffirmed its full year 2022 standalone guidance to achieve core pre-tax pre-provision earnings of approximately $75 million to $85 million, net interest income of approximately $184 million to $192 million, and balance sheet growth of approximately 5%, including high single digit organic loan growth. AMAL expects to continue to...

Month: February 2022

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals