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Day: March 8, 2022

Smart Sand, Inc. Announces Fourth Quarter and Full Year 2021 Results and the Acquisition of the Hi-Crush Blair, Wisconsin Facility

4Q and full year 2021 revenue of $35.1 million and $126.6 million, respectively. 4Q and full year 2021 total tons sold of approximately 872,000 and 3,189,000, respectively. 4Q and full year 2021 net cash (used) provided by operating activities of $(5.1) million and $32.4 million, respectively. 4Q and full year 2021 free cash flow of $(9.3) million and $21.2 million, respectively.THE WOODLANDS, Texas, March 08, 2022 (GLOBE NEWSWIRE) — Smart Sand, Inc. (NASDAQ: SND) (the “Company” or “Smart Sand”), a fully integrated frac sand supply and services company, a low-cost producer of high quality Northern White raw frac sand and provider of proppant logistics solutions through both its in-basin transloading terminal and SmartSystems™ products and services, today announced results for the fourth quarter and full year ended December 31,...

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Crew Energy Inc. Announces Fourth Quarter and Full Year 2021 Results Highlighted by Substantial Production and Adjusted Funds Flow Growth

CALGARY, Alberta, March 08, 2022 (GLOBE NEWSWIRE) — Crew Energy Inc. (TSX: CR, OTCQB: CWEGF) (“Crew” or the “Company”) is a growth-oriented natural gas weighted producer operating exclusively in the world-class Montney play in northeast British Columbia (“NEBC”). The Company is pleased to announce our operating and financial results for the three and twelve month periods ended December 31, 2021. Crew’s audited consolidated Financial Statements and Notes, as well as Management’s Discussion and Analysis (“MD&A”) are available on Crew’s website and filed on SEDAR at www.sedar.com. “Crew is excited to advance the Company’s previously announced two-year asset development plan (the “Plan”) as we further reduce unit costs, increase production and optimize pricing to expand margins. Building on the significant progress achieved towards...

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AirBoss Announces Strong 4th Quarter and Full Year 2021 Results With Continued Momentum

NEWMARKET, Ontario, March 08, 2022 (GLOBE NEWSWIRE) — AirBoss of America Corp. (TSX: BOS) (OTCQX:ABSSF) (the “Company” or “AirBoss”) today announced strong fourth quarter and annual performance as it enters 2022 with continued momentum. The Company will host a conference call and webcast to discuss the results on March 9th at 9 a.m. ET, the details of which are further below. Recent Highlights ($US except where otherwise noted)Highest quarterly net sales in the Company’s history at $249.1 million for the fourth quarter of 2021 (“Q4 2021”), reflecting growth of 88.4% compared to the fourth quarter of 2020 (“Q4 2020”); Highest annual net sales in the Company’s history at $586.9 million, reflecting 17.0% growth compared to 2020; Grew diluted EPS by 22.2% to $1.65 for 2021 (2020: $1.35); Increased...

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Greenlight Re Announces Fourth Quarter and Year End 2021 Financial Results

Net income for the quarter of $24.3 millionFully diluted book value per share increased 5.6% in the quarter to $13.99 GRAND CAYMAN, Cayman Islands, March 08, 2022 (GLOBE NEWSWIRE) — Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”) today reported its financial results for the quarter and year ended December 31, 2021. The results included:Net income of $24.3 million, or $0.71 per share, compared to net income of $42.0 million, or $1.20 per share, in the fourth quarter of 2020; Combined ratio of 96.4%, compared to a combined ratio of 101.0% in the fourth quarter of 2020; Total investment income of $25.3 million, compared to total investment income of $48.4 million in the fourth quarter of 2020; and An increase in fully diluted book value per share of $0.74, or 5.6%, to $13.99.The following summarizes...

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Aquestive Therapeutics Reports Full Year 2021 Results Exceeding Revenue and EBITDA Guidance

Continues to interact with FDA regarding orphan drug review of the NDA for Libervant™ (diazepam) Buccal Film Reports start of Part 2 of EPIPHAST crossover study for AQST-109 epinephrine oral film after positive Part 1 data Enters license, development and supply agreement for riluzole oral film in China contributing $7 million upfront cash Hosts investment community conference call on March 9 at 8:00 am ETWARREN, N.J., March 08, 2022 (GLOBE NEWSWIRE) — Aquestive Therapeutics, Inc. (NASDAQ:AQST), a pharmaceutical company advancing medicines to solve patients’ problems with current standards of care and provide transformative products to improve their lives, today reported financial results for the fourth quarter and full year ended December 31, 2021, and provided an update on recent developments in its business. “2021 was...

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Advanced Emissions Solutions Reports Fourth Quarter and Full Year 2021 Results

Full year earnings per share of $3.27, APT segment delivers record full year revenue GREENWOOD VILLAGE, Colo., March 08, 2022 (GLOBE NEWSWIRE) — Advanced Emissions Solutions, Inc. (NASDAQ: ADES) (the “Company” or “ADES”) today filed its Annual Report on Form 10-K and reported financial results for the quarter and year ended December 31, 2021, including information about its equity investments in Tinuum Group, LLC (“Tinuum Group”) and Tinuum Services, LLC (“Tinuum Services”) (collectively “Tinuum”), of which ADES owns 42.5% and 50%, respectively. Advanced Purification Technologies (“APT”) HighlightsFourth quarter revenue totaled $23.3 million compared to $16.3 million in the prior year. Full year revenue totaled $85.9 million compared to $53.9 million in 2020. Fourth...

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HCI Group Reports Fourth Quarter and Full Year 2021 Results

TAMPA, Fla., March 08, 2022 (GLOBE NEWSWIRE) — HCI Group, Inc. (NYSE:HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, reported results for the three and twelve months ended December 31, 2021. Fourth Quarter 2021 – Financial Results Net income for the fourth quarter of 2021 totaled $1.4 million or $0.01 diluted earnings per share compared with net income of $2.7 million or $0.35 diluted earnings per share in the fourth quarter of 2020. Adjusted net loss (a non-GAAP measure which excludes net unrealized gains or losses on equity securities) for the fourth quarter of 2021 was $0.1 million or $0.14 diluted loss per share compared with adjusted net income of $1.8 million or $0.22 diluted earnings per share in the fourth quarter of 2020. This press...

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Cricut, Inc. Reports Fourth Quarter and Full Year 2021 Financial Results

Delivered full year revenue of $1.3 billion, 36% growth over 2020 Total users grew to over 6.4 million, up 48% over Q4 2020 Paid subscribers climbed to over 2.0 million at end of 2021, up 56% over end of Q4 2020 Delivered 5th consecutive year of profitability with net income of $140.5 million; $211.6 million of EBITDA SOUTH JORDAN, Utah, March 08, 2022 (GLOBE NEWSWIRE) — Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users worldwide, today announced financial results for its fourth quarter and full year ended December 31, 2021. “This was an exciting year for us. We grew the business to $1.3 billion in revenue, up 36% over 2020. This is a remarkable milestone for the company as we continue to extend our platform, launch new products, broaden...

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Ero Copper reports record full-year 2021 operating and financial results

(all amounts in US dollars, unless otherwise noted) VANCOUVER, British Columbia, March 08, 2022 (GLOBE NEWSWIRE) — Ero Copper Corp. (TSX: ERO, NYSE: ERO) (“Ero” or the “Company”) is pleased to announce its financial results for the three and twelve months ended December 31, 2021. Management will host a conference call tomorrow, Wednesday, March 9, 2022, at 11:30 a.m. Eastern time to discuss the results. Dial-in details for the call can be found near the end of this press release. HIGHLIGHTSRecord full-year copper production of 45,511 tonnes and gold production of 37,798 ounces included 11,918 tonnes of copper and 8,544 ounces of gold produced during the fourth quarter, surpassing the high-end of the Company’s 2021 production guidance ranges;Copper C1 cash costs(*) for the fourth quarter and full year were $0.96 and $0.77,...

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Conifex Announces 2021 Year-End and Fourth Quarter 2021 Results and Revolving Credit Facility Amendment

VANCOUVER, British Columbia, March 08, 2022 (GLOBE NEWSWIRE) — Conifex Timber Inc. (“Conifex”, “we” or “us”) (TSX: CFF) today reported results for the fourth quarter and year ended December 31, 2021. EBITDA* from continuing operations was $1.0 million for the quarter and $51.8 million for the year, compared to EBITDA of $6.8 million in the fourth quarter of 2020 and $9.7 million for the 2020 year. Net income was $27.2 million or $0.60 per share for the year versus net loss in the preceding year of $0.14 per share.  Selected Financial Highlights The following table summarizes our selected financial information for the comparative periods. Unless otherwise noted, financial information reflects results of continuing operations from our Mackenzie sawmill and power plant. Operating and financial results in 2020 were materially impacted...

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