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Day: March 8, 2022

NVIDIA Announces Investor Day for Financial Community

SANTA CLARA, Calif., March 08, 2022 (GLOBE NEWSWIRE) — NVIDIA will present the following virtual event for the financial community: NVIDIA Investor Day Tuesday, March 22, 2022, at 10 a.m. Pacific Time The event takes place as NVIDIA hosts its virtual GTC conference, from March 21-24, and immediately follows the keynote address by NVIDIA founder and CEO Jensen Huang. Interested parties can view a live webcast of NVIDIA’s Investor Day presentation, available on the NVIDIA website at investor.nvidia.com. A replay of the webcast will be available for 90 days afterward. Individuals can register for GTC here and watch the keynote online without registering here. About NVIDIANVIDIA’s (NASDAQ: NVDA) invention of the GPU in 1999 sparked the growth of the PC gaming market and has redefined modern computer graphics, high performance...

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Aterian Reports Fourth Quarter & Full Year 2021 Results

 Quarterly Net Revenue Grew 52.6% Year-Over-Year to $63.3 Million Full Year Net Revenue Grew 33.4% Year-Over-Year to $247.8 Million NEW YORK, March 08, 2022 (GLOBE NEWSWIRE) — Aterian, Inc. (Nasdaq: ATER) (“Aterian” or the “Company”) today announced results for the fourth quarter and full year ended December 31, 2021.  Fourth Quarter HighlightsFourth quarter 2021 net revenue grew 52.6% to $63.3 million, compared to $41.5 million in the fourth quarter of 2020. Fourth quarter 2021 gross margin improved to 45.6%, compared to 45.2% in the fourth quarter of 2020. Fourth quarter 2021 contribution margin declined to 7.9% from 11.2% in the fourth quarter of 2020, reflecting impacts from global supply chain disruptions and related inflation. Fourth quarter 2021 operating loss improved to $(2.0) million compared to a loss of $(19.1) million...

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Fluent Announces Fourth Quarter and Full-Year 2021 Financial Results

Q4 2021 revenue of $99.8 million, up 21.8% over Q4 2020 Net income of $3.8 million, or $0.05 per share Gross profit (exclusive of depreciation and amortization) of $27.5 million, up 8.9% over Q4 2020 and representing 28% of revenue Media margin of $31.2 million, down 2.5% over Q4 2020 and representing 31.3% of revenue Adjusted EBITDA of $10.2 million, representing 10.2% of revenue Adjusted net income of $6.4 million, or $0.08 per shareNEW YORK, March 08, 2022 (GLOBE NEWSWIRE) — Fluent, Inc. (NASDAQ: FLNT), a leading data-driven performance marketing company, today reported results for the fourth quarter and fiscal year ended December 31, 2021. Donald Patrick, Fluent’s recently appointed Chief Executive Officer, commented, “Our results for the fourth quarter and the full year reflect the continued progress we are making...

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BellRing Brands Announces Stockholder Approval of Transactions in Connection with the Anticipated Completion of the Spin-off of Post’s Interest in BellRing

ST. LOUIS, March 08, 2022 (GLOBE NEWSWIRE) — BellRing Brands, Inc. (NYSE:BRBR) (“BellRing”) today announced that, at its stockholders meeting held today, BellRing stockholders voted to adopt the transaction agreement and plan of merger in connection with Post Holdings, Inc.’s (“Post”) anticipated spin-off and distribution of 80.1% of Post’s interest in BellRing to Post shareholders, including a vote of a majority of the shares held by BellRing’s stockholders other than Post, BellRing Distribution, LLC and their respective affiliates, satisfying one of the closing conditions of the transaction. As previously announced by Post, the distribution and merger are expected to occur after market close on March 10, 2022, subject to the satisfaction or waiver of remaining closing conditions. Forward-Looking Statements Certain matters discussed...

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Blueknight Announces Fourth Quarter and Full Year 2021 Results

HighlightsExecuted transformation to pure-play infrastructure terminalling company, advancing strategy and enhancing liquidity for growth Fourth quarter and full year 2021 income from continuing operations of $8.9 million and $34.8 million, respectively, up 6% and 21% year-over-year Fourth quarter 2021 Adjusted EBITDA of $13.9 million, total leverage ratio of 1.84 times, distribution coverage of 1.46 times on all distributions Met or exceeded full year 2021 financial guidance targets with Adjusted EBITDA of $54.2 million and Distributable Cash Flow of $44.4 million, up 9% and 15% year-over-year, respectively In December 2021, announced two new growth projects with combined initial capital requirements of approximately $15.0 million and potential future expansion opportunities ranging between $5.0 million and $10.0 million In January...

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Profire Energy Reports Financial Results for Fourth Quarter and Full Fiscal Year 2021

Company Reports Highest Quarterly Revenue in Two Years LINDON, Utah, March 08, 2022 (GLOBE NEWSWIRE) — Profire Energy, Inc. (NASDAQ: PFIE), a technology company (the “Company”) that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, today reported financial results for its fourth quarter and full fiscal year ending December 31, 2021. A conference call will be held on Wednesday, March 9, 2022 at 8:30 a.m. ET to discuss the results. Fourth Quarter SummaryRevenue of $8.3 million, a 47% increase from prior-year quarter Gross profit of $3.4 million or 41.6% of total revenues Net loss of $145,123 or ($0.00) per share Generated EBITDA1 of $40,951 Repurchased 664,531 shares of stockFull-year Fiscal 2021 SummaryRevenue of $26.4 million, a 23% increase from the...

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Avid Bioservices Reports Financial Results for Third Quarter Ended January 31, 2022 and Recent Developments

— Recorded Third Quarter Revenue of $31.5 Million — — Myford South and Viral Vector Facilities Construction Continues On Schedule — — Signed $52 Million in Net New Business Orders and Ended the Quarter with a Backlog of $140 Million; Highest Backlog To Date — TUSTIN, Calif., March 08, 2022 (GLOBE NEWSWIRE) — Avid Bioservices, Inc. (NASDAQ:CDMO), a dedicated biologics contract development and manufacturing organization (CDMO) working to improve patient lives by providing high quality development and manufacturing services to biotechnology and pharmaceutical companies, today announced financial results for the third quarter of fiscal 2022, ended January 31, 2022. Highlights from the Quarter Ended January 31, 2022, and Other Events: “I am pleased to report another successful quarter for Avid. Our...

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Weyco Reports Fourth Quarter And Full Year 2021 Results

MILWAUKEE, March 08, 2022 (GLOBE NEWSWIRE) — Weyco Group, Inc. (NASDAQ: WEYS) (“we,” “our,” “us” and the “Company”) today announced financial results for the quarter and year ended December 31, 2021. Fourth Quarter 2021 Consolidated net sales for the fourth quarter of 2021 were a record $101.4 million compared to fourth quarter 2020 net sales of $62.0 million. Consolidated gross earnings were 40.2% of net sales for the quarter compared to 44.5% of net sales in last year’s fourth quarter. The decrease in gross margins was largely due to lower wholesale margins partially offset by higher margins in the Company’s other businesses. Operating earnings totaled $12.8 million compared to $7.9 million in the fourth quarter of 2020. Quarterly net earnings rose to a record $10.3 million, or $1.07 per diluted share, up from $5.1 million, or...

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Hudson Technologies Reports Record Fourth Quarter and Year End 2021 Results

WOODCLIFF LAKE, N.J., March 08, 2022 (GLOBE NEWSWIRE) — Hudson Technologies, Inc. (NASDAQ: HDSN) announced results for the fourth quarter and year ended December 31, 2021. For the quarter ended December 31, 2021, Hudson reported revenues of $37.8 million, an increase of 71% compared to revenues of $22.1 million in the comparable 2020 period. Fourth quarter revenue growth was driven by increased selling prices for certain refrigerants during the period. Gross margin in the fourth quarter of 2021 was 45%, compared to 25% in the fourth quarter of 2020, mainly due to the aforementioned increase in selling price of certain refrigerants. Hudson reported operating income of $9.3 million in the fourth quarter of 2021, compared to an operating loss of $1.7 million in the prior year period. The Company recorded net income of $6.2 million...

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Full House Resorts Announces Fourth Quarter and Full-Year Results

– Revenues Increased 13.1% Over Prior-Year’s Fourth Quarter and 43.5% from 2020 – Full-Year Operating Income Increased to $37.6 Million in 2021 from $10.5 Million in 2020;Net Income Rose to $11.7 Million from $0.1 Million;Adjusted EBITDA in 2021 Increased to $47.2 Million from $19.7 Million – Company Selected to Develop Its American Place Entertainment Destination in Waukegan, Illinois;Plans to Open Temporary Casino in Waukegan in Summer 2022 – Construction of Chamonix Casino Hotel Continues, with an Expected Opening in the Second Quarter of 2023 LAS VEGAS, March 08, 2022 (GLOBE NEWSWIRE) — Full House Resorts, Inc. (Nasdaq: FLL) today announced results for the fourth quarter and year ended December 31, 2021. On a consolidated basis, revenues in the fourth quarter of 2021 were $43.3 million, a 13.1% increase...

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