Day: March 2, 2022

Monroe Capital Corporation BDC Announces Fourth Quarter and Full Year 2021 Results

Written by Customer Service on March 2, 2022. Posted in Earnings Releases And Operating Results.

CHICAGO, March 02, 2022 (GLOBE NEWSWIRE) — Monroe Capital Corporation (Nasdaq: MRCC) (“Monroe”) today announced its financial results for the fourth quarter and full year ended December 31, 2021. The Board of Directors of Monroe also declared its first quarter distribution of $0.25 per share, payable on March 31, 2022 to stockholders of record on March 16, 2022. Except where the context suggests otherwise, the terms “Monroe,” “we,” “us,” “our,” and “Company” refer to Monroe Capital Corporation. Fourth Quarter 2021 Financial HighlightsNet Investment Income of $5.4 million, or $0.25 per share Adjusted Net Investment Income (a non-GAAP measure described below) of $5.4 million, or $0.25 per share Net increase in net assets resulting from operations of $6.8 million, or $0.32 per share Net Asset Value (“NAV”) of $249.5 million, or...

Fairfax Announces Reset Dividend Rate on Its Series K Preferred Shares and Quarterly Dividend on Series C, D, E, F, G, H, I, J, K and M Preferred Shares and Quarterly Dividend Rate for Series D, F, H and J Preferred Shares

Written by Customer Service on March 2, 2022. Posted in Dividend Reports And Estimates.

TORONTO, March 02, 2022 (GLOBE NEWSWIRE) — Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) (“Fairfax”) announces that it has determined the fixed dividend rate on its Cumulative 5-Year Rate Reset Preferred Shares, Series K (“Series K Shares”) (TSX: FFH.PR.K) for the five years commencing April 1, 2022 and ending March 31, 2027. The fixed quarterly dividends on the Series K Shares during that period, if and when declared, will be paid at an annual rate of 5.045% (C$0.315313 per share per quarter). Holders of Series K Shares have the right, at their option, exercisable not later than 5:00 pm (Toronto time) on March 16, 2022, to convert all or part of their Series K Shares, on a one-for-one basis, into Cumulative Floating Rate Preferred Shares, Series L (“Series L Shares”), effective March 31, 2022. The quarterly floating...

Flow Capital portfolio company EverWash Secures $6M Series B Equity investment to Expand Car Wash Membership Network

Written by Customer Service on March 2, 2022. Posted in Public Companies.

TORONTO, ON, March 02, 2022 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV:FW) portfolio company EverWash, recently announced they have closed on a $6M Series B from Spring Mountain Capital (SMC). The round will be used to continue to scale the EverWash network of car washes, widely implement recently acquired omnix Labs technology, expand marketing for the consumer facing brand, and grow the Philadelphia-based team. This equity funding round comes on the heels of Flow Capital’s recent $5M growth capital venture debt investment into EverWash. EverWash offers consumers unlimited car washes at a low monthly price at in-network wash operators and a user-friendly app to check-in at the neighborhood carwash. The tech company provides car wash partners with a tech-enabled membership platform, staff training, customer service, marketing...

Descartes Announces Fiscal 2022 Fourth Quarter and Annual Financial Results

Written by Customer Service on March 2, 2022. Posted in Public Companies.

Record Annual Revenues and Income from Operations WATERLOO, Ontario, March 02, 2022 (GLOBE NEWSWIRE) — The Descartes Systems Group Inc. (TSX:DSG) (Nasdaq:DSGX) announced its financial results for its fiscal 2022 fourth quarter (Q4FY22) and year (FY22) ended January 31, 2022. All financial results referenced are in United States (US) currency and, unless otherwise indicated, are determined in accordance with US Generally Accepted Accounting Principles (GAAP). “Changes in geopolitical and economic environments create complexity and uncertainty for our customers,” said Edward J. Ryan, Descartes’ CEO. “Inflationary pressures and international sanctions/restrictions, among other things, add to the challenges faced by today’s supply chain participants. Our Global Logistics Network and various compliance solutions help our customers understand...

First Wave BioPharma, Inc. Announces Closing of $9 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules

Written by Customer Service on March 2, 2022. Posted in Public Companies.

BOCA RATON, Fla., March 02, 2022 (GLOBE NEWSWIRE) — First Wave BioPharma, Inc. (NASDAQ: FWBI) (the “Company”), a clinical stage biopharmaceutical company specializing in the development of targeted, non-systemic therapies for gastrointestinal diseases, announced today the closing of its previously announced registered direct offering priced at-the-market under Nasdaq rules of 6,498,195 shares of its common stock (or common stock equivalents in lieu thereof) and five-year warrants to purchase up to an aggregate of 6,498,195 shares of common stock at an exercise price of $1.26 per share, at an effective purchase price of $1.385 per share and accompanying warrant. H.C. Wainwright & Co. acted as the exclusive placement agent for the offering. In connection with the offering, the Company also amended certain warrants to purchase...

Sun Country Airlines to Participate at the Raymond James 43rd Annual Institutional Investors Conference

Written by Customer Service on March 2, 2022. Posted in Public Companies.

MINNEAPOLIS, March 02, 2022 (GLOBE NEWSWIRE) — Sun Country Airlines (NASDAQ: SNCY) today announced that Dave Davis, President and Chief Financial Officer, will present at the Raymond James Institutional Investors Conference on Wednesday, March 9 at 8:05AM EST. A link to the live webcast can be found on the Sun Country investor relations website at https://ir.suncountry.com/news-events/events-and-presentations. About Sun Country Sun Country Airlines is a new breed of hybrid low-cost air carrier that dynamically deploys shared resources across our synergistic scheduled service, charter and cargo businesses. Based in Minnesota, we focus on serving leisure and visiting friends and relatives (“VFR”) passengers and charter customers and providing CMI service to Amazon, with flights throughout the United States and to destinations in...

Ferroglobe Reports Results for the Fourth Quarter and Full Year 2021

Written by Customer Service on March 2, 2022. Posted in Earnings Releases And Operating Results.

Highest quarterly revenues since 2018 and record quarterly Adjusted EBITDA LONDON, March 02, 2022 (GLOBE NEWSWIRE) — Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe”, the “Company”, or the “Parent”), a leading producer globally of silicon metal, silicon-based and manganese-based specialty alloys, today announced results for the fourth quarter and the full year 2021. BUSINESS HIGHLIGHTSRevenue growth in the fourth quarter was driven by strong fundamentals across all three product categories, which is expected to further fuel performance in 2022 Tightness in the market is driving pricing to unprecedented levels, primarily silicon metal and ferrosilicon Yearly fixed price contracts in silicon metal have expired at year-end 2021, driving a step-change in realized prices in Q1 due to higher market prices and heavier weighting towards index-based...

Capstone Infrastructure Corporation Reports Fourth Quarter and Fiscal 2021 Results and Declares a Quarterly Dividend

Written by Customer Service on March 2, 2022. Posted in Dividend Reports And Estimates.

TORONTO, Ontario, March 02, 2022 (GLOBE NEWSWIRE) — Capstone Infrastructure Corporation (TSX: CSE.PR.A) (the “Corporation” or “Capstone”) today announced and filed its financial results for the fourth quarter and fiscal year ended December 31, 2021. The Corporation’s 2021 Management’s Discussion and Analysis (“MD&A”) and audited consolidated financial statements are available at www.capstoneinfrastructure.com and on SEDAR at www.sedar.com. Capstone’s MD&A details the “Results of Operations” and provides a “Financial Position Review” for the quarter ended December 31, 2021. Dividend Declarations The Board of Directors today declared a quarterly dividend on the Corporation’s Cumulative Five-Year Rate Reset Preferred Shares, Series A (the “Preferred Shares”)...

MDxHealth Reports Financial Year 2021 Results and Provides Outlook and Guidance for 2022

Written by Customer Service on March 2, 2022. Posted in Earnings Releases And Operating Results.

NEWS RELEASE – REGULATED INFORMATION2 MARCH 2022, 4:00 PM EST / 22:00 CET MDxHealth Reports Financial Year 2021 Results and Provides Outlook and Guidance for 2022 Conference call with Q&A today at 4:30 PM EST / 22:30 CET IRVINE, CA, and HERSTAL, BELGIUM – March 2, 2022 – MDxHealth SA (NASDAQ/Euronext: MDXH), a commercial-stage precision diagnostics company, today announced its financial results for the fourth quarter and year ended December 31, 2021 and provided a business update and outlook for 2022. 2021 Business HighlightsRevenues for the fourth quarter ended December 31, 2021, increased by 46% to $6.0 million compared to the same period last year Revenues for full year 2021 increased by 20% to $22.2 million compared to full year 2020 Draft Local Coverage Determination (LCD) for Biomarkers for Prostate Cancer...

Huttig Building Products Reports Record Fourth Quarter And Full Year Net Income

Written by Customer Service on March 2, 2022. Posted in Earnings Releases And Operating Results.

Fourth Quarter 2021 Highlights (compared to prior year quarter)Net sales increased 24.8% to $230.4 million compared to $184.6 million Gross margins increased to 21.8% compared to 20.1% Gross margins were reduced by a LIFO valuation adjustment of $7.3 million and $1.1 million, representing 317 basis points and 60 basis points, in 2021 and 2020, respectively Net income from continuing operations was $7.4 million compared to $0.3 million Total liquidity increased to $166.5 million compared to $59.3 million a year ago Adjusted EBITDA was $9.7 million, as reduced by a LIFO valuation adjustment of $7.3 million, compared to $2.4 million, as reduced by a LIFO valuation adjustment of $1.1 millionFull Year 2021 Highlights (compared to prior year)Net sales increased 18.4% to $937.8 million compared to $792.3 million Gross margins increased...

Day: March 2, 2022

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