Day: March 2, 2022

NEW YORK, March 02, 2022 (GLOBE NEWSWIRE) — Ponce Financial Group, Inc., as the successor by merger with PDL Community Bancorp, (the “Company”) (NASDAQ: PDLB), the financial holding company for Ponce Bank (the “Bank”), reported net income of $15.0 million, or $0.90 per basic share and $0.89 per diluted share, for the fourth quarter of 2021, compared to net income of $2.1 million, or $0.12 per basic and diluted share, for the prior quarter and net income of $1.6 million, or $0.10 per basic and diluted share, for the fourth quarter of 2020. Fourth Quarter HighlightsNet interest income of $16.8 million for the fourth quarter increased $1.3 million, or 8.7%, from the prior quarter and $5.1 million, or 43.8%, from the same quarter last year. Income before income taxes of $19.2 million for the fourth quarter increased $15.9 million,...

Fourth Quarter Revenue Increased 55% Year-over-Year Fourth Quarter Revenue Less Ancillary Services Increased 56% Year-over-Year Fourth Quarter Total Payment Volume Increased 75% Year-over-Year Company Provides Fiscal Year 2022 Outlook BOSTON, March 02, 2022 (GLOBE NEWSWIRE) —  Flywire Corporation (Nasdaq: FLYW) (the “Company”) a global payments enablement and software company, today reported preliminary and unaudited financial results for its fourth quarter and fiscal year 2021. “Flywire delivered strong results in 2021, with total annual revenue increasing 53% and total annual revenue less ancillary services increasing 58% year-over-year. The demand for domestic and cross-border payments led to another strong quarter of revenue growth, backed by our success in growing existing clients, winning new clients, and expanding...

Dallas, Texas, March 02, 2022 (GLOBE NEWSWIRE) — CompX International Inc. (NYSE American: CIX) announced today sales of $34.1 million for the fourth quarter of 2021 compared to $30.0 million in the same period of 2020. Operating income was $3.8 million in the fourth quarter of 2021 compared to $2.3 million in the same period of 2020. Net income was $3.2 million, or $0.25 per diluted share, for the fourth quarter of 2021 compared to $2.3 million, or $0.17 per diluted share, in the same period of 2020. Net sales for the year ended December 31, 2021 were $140.8 million compared to $114.5 million in the previous year. Operating income was $20.5 million for the year ended December 31, 2021 compared to $11.8 million for 2020. Net income for the year ended December 31, 2021 was $16.6 million, or $1.34 per diluted share, compared to $10.3...

COMPLETES $250 MILLION ACCELERATED SHARE REPURCHASE PROGRAM ANNOUNCES NEW $250 MILLION SHARE REPURCHASE PROGRAM REYNOLDSBURG, Ohio, March 02, 2022 (GLOBE NEWSWIRE) — Victoria’s Secret & Co. (“Victoria’s Secret” or the “Company”) (NYSE: VSCO) today reported 2021 financial results for the fourth quarter and full year ended January 29, 2022. Fourth Quarter Results The Company reported net income of $246.1 million, or diluted earnings per share of $2.70 in the fourth quarter of 2021, which compares favorably to previously communicated guidance of $2.35 to $2.65 per diluted share. This result compares to net income of $282.4 million, or earnings per share of $3.20 for the fourth quarter of 2020. Fourth quarter 2021 operating income was $333.2 million, which was consistent with the high end of previously communicated guidance of...

CALGARY, Alberta, March 02, 2022 (GLOBE NEWSWIRE) — Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) announces fourth quarter and 2021 results for the period ended December 31, 2021. President’s Message 2021 was a very active year for Freehold – a year in which we added to and established royalty positions in some of the best oil and gas basins across North America, with our fourth quarter results showcasing the acquisition work completed largely in the second half of the year. Through our efforts, we have strengthened Freehold’s asset base, balance sheet, and the long-term sustainability of our business.Achieved record average production levels in Q4-2021 of 14,005 boe/d. This was driven by strong activity levels and acquisitions completed throughout our North American portfolio Canadian oil and gas royalty volumes...

– Q4 & FY 2021 Net Sales, Gross Profit, Net Income, Adjusted EBITDA and EPS at $0.78 per share Increase to Record Levels – – FY 2021 Net Income Grew 2x to $9.2 Million or $2.09 per Share; Adjusted EBITDA up 36% to $15.5 Million – EATONTOWN, N.J., March 02, 2022 (GLOBE NEWSWIRE) — Wayside Technology Group, Inc. (NASDAQ: WSTG) (“Wayside” or the “Company”), a value-added global IT channel company providing innovative sales and distribution solutions for emerging technology vendors, is reporting results for the fourth quarter and full year ended December 31, 2021. Fourth Quarter 2021 Highlights vs. Same Year-Ago QuarterAdjusted gross billings (a non-GAAP financial measure defined below) increased 16% to $262.1 million. Net sales increased 6% to $75.5 million. Gross profit increased 20% to $12.6 million. Net...

LA JOLLA, Calif., March 02, 2022 (GLOBE NEWSWIRE) — Singular Genomics Systems, Inc. (Nasdaq: OMIC), a company leveraging novel next-generation sequencing (NGS) and multiomics technologies to empower researchers and clinicians, today highlighted recent corporate achievements and reported financial results for the fourth quarter and full year ended December 31, 2021. “We are pleased with the progression of the G4 launch. There has been robust engagement with potential customers, and we have accepted our initial orders as we track to begin shipping instruments in the second quarter. The production system performance metrics, technical report publication, and early access partner data continue to establish the G4 as the world’s most powerful benchtop sequencer,” said Drew Spaventa, Chairman and Chief Executive Officer. “The G4 delivers...