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Day: March 17, 2022

StoneCo Reports Fourth Quarter and Fiscal Year 2021 Results

Total Revenue and Income growth of 87% year-over-year in 4Q21 to R$1.9 billion;Record Quarterly Net Addition of 378k Clients, reaching 1.8 million Active Clients;MSMB Take Rate sequential increase to 1.71% in 4Q21 and 2.02% in January/22 GEORGE TOWN, Grand Cayman, March 17, 2022 (GLOBE NEWSWIRE) — StoneCo Ltd. (Nasdaq: STNE) (“Stone” or the “Company”), a leading provider of financial technology and software solutions that empowers merchants to conduct commerce seamlessly across multiple channels, today reports its financial results for its fourth quarter and fiscal year ended December 31, 2021. “Dear Shareholders, As we report our Q4 and full-year 2021 results, I want to reflect on the last year, lessons we learned, and actions we’ve taken to refocus and position our company for continued growth and improved profitability in 2022.  2021...

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Dynagas LNG Partners LP Reports Results for the Three Months and Year Ended December 31, 2021

ATHENS, Greece, March 17, 2022 (GLOBE NEWSWIRE) —  Dynagas LNG Partners LP (NYSE: “DLNG”) (“Dynagas Partners” or the “Partnership”), an owner and operator of liquefied natural gas (“LNG”) carriers, today announced its results for the three months and year ended December 31, 2021. Fourth Quarter Highlights:Net income and earnings per common unit (basic and diluted) of $16.9 million and $0.38, respectively; Adjusted Net Income(1)of $11.4 million and Adjusted Earnings(1) per common unit (basic and diluted) of $0.23; Adjusted EBITDA(1) $24.7 million; 100% fleet utilization(2); and Declared and paid cash distribution of $0.5625 per unit on its Series A Preferred Units (NYSE: “DLNG PR A”) for the period from August 12, 2021 to November 11, 2021 and $0.546875 per unit on the Series B Preferred Units (NYSE: “DLNG PR B”) for the period...

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Inuvo Announces Financial Results for the Fourth Quarter and Full Year Ending December 31, 2021

2021 fourth quarter revenue totaled $19.7 million an increase of 53% year-over-year and 17.2% sequentially Net revenue for 2021 increased 34% year-over-year to $59.8 million LITTLE ROCK, Ark., March 17, 2022 (GLOBE NEWSWIRE) — Inuvo, Inc. (NYSE American: INUV), a leading provider of marketing technology, powered by artificial intelligence (AI) that serves brands and agencies, today announced its financial results for the fourth quarter and full year ending December 31, 2021. Rich Howe, Chief Executive Officer of Inuvo, commented, “We reported another strong fourth quarter, delivering $19.7 million in revenue, an increase of 53% year-over-year and 17% sequentially. Year-over-year revenue growth from the second quarter through the fourth quarter of 2021 was 66%, 83% and now 53%, a testament to the demand for both the ValidClick and...

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Zosano Pharma Reports Fourth Quarter and Fiscal Year 2021 Financial Results

FREMONT, Calif., March 17, 2022 (GLOBE NEWSWIRE) — Zosano Pharma Corporation (NASDAQ:ZSAN), a clinical-stage biopharmaceutical company, today announced financial results for the fourth quarter and year ended December 31, 2021, as well as business updates. “We are in discussions with the FDA to determine if there is a viable option to pursue approval of M207 using the currently available clinical data. In addition, we are actively evaluating financial and strategic alternatives in collaboration with external advisors, with a goal of maximizing value,” said Steven Lo, president and chief executive officer of Zosano. “We believe our proprietary transdermal microneedle patch technology offers potential therapeutic and practical benefits to patients.” Select Recent Business UpdatesRaised approximately $15.4 million in gross proceeds...

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AvePoint Announces Fourth Quarter and Full Year 2021 Financial Results and $150 Million Share Repurchase Program

Full year SaaS revenue of $85.6 million, up 64% year-over-yearTotal ARR of $159.2 million, up 34% year-over-yearCloud user base exceeds 9 million JERSEY CITY, N.J., March 17, 2022 (GLOBE NEWSWIRE) — AvePoint (NASDAQ: AVPT), the most advanced SaaS and data management solutions provider, today announced financial results for the fourth quarter and full year ended December 31, 2021. “AvePoint’s fourth quarter performance was a solid finish to our first year as a public company, which was highlighted by 64% SaaS revenue growth and 34% ARR growth, with an additional 36% growth in customers with ARR above 100k,” said Dr. Tianyi Jiang (TJ), CEO and Co-Founder, AvePoint. “As enterprises continue their long-term shift to SaaS based platforms, and we see increased application usage in 2022 and beyond, we believe we are well positioned to...

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Intrusion, Inc. Reports Fourth Quarter and Full Year 2021 Results

INTRUSION Shield Continues to Gain Traction, Resulting in Gross Margin Improvement PLANO, Texas, March 17, 2022 (GLOBE NEWSWIRE) — Intrusion Inc. (NASDAQ: INTZ), a leader in cyberattack prevention solutions, announced today financial results for the fourth quarter and full year ended December 31, 2021. Recent Financial & Business Highlights:Fourth quarter revenue of $1.6 million was flat year-over-year; full year 2021 revenue of $7.3 million was up 10% year-over-year. INTRUSION Shield revenue represented 12% of total revenue in the fourth quarter, consistent with third quarter 2021. The Company transitioned to an executive and partner led sales structure, strengthening its sales channels, and implementing processes to facilitate sales growth through premier channel partnerships. Intrusion realized operational efficiencies...

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ATA Creativity Global Reports 2021 Fourth Quarter and Year-end Financial Results

Conference Call on Thursday, March 17, 2022, at 9 p.m. ET with Accompanying Investor Presentation BEIJING, March 17, 2022 (GLOBE NEWSWIRE) — ATA Creativity Global (“ACG” or the “Company”, Nasdaq: AACG), an international educational services company focused on providing quality learning experiences that cultivate and enhance students’ creativity, today announced preliminary unaudited financial results for the quarter and year ended December 31, 2021 (“Fourth Quarter 2021” and “Fiscal Year 2021”, respectively). Fiscal Year 2021 and Fourth Quarter 2021 HighlightsFiscal Year 2021 net revenues increased 24.7% to RMB202.2 million (US$31.7 million), from RMB162.2 million in the prior year Fiscal Year 2021 net loss attributable to ACG improved to RMB33.6 million (US$5.3 million), compared to RMB92.2 million in the prior year During...

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Xometry Reports Fourth Quarter and Full Year 2021 Results

Strong finish to 2021: Strong quarter of accelerating revenue growth increasing 77% year-over-year. Strong gross margin trends driven by AI pricing/supplier selection and additional supplier services: Gross profit up 121% year-over-year. Strategic acquisition of Thomas: Completed the strategic acquisition of Thomas on December 9th adding 1.4 million registered buyers and ~500,000 sellers to Xometry’s rapidly growing marketplace. Expect strong growth in 2022: We expect revenue growth of 79-83% from $218.3 million to $390-400 million. Growth will be driven by increasing our active buyers and sellers, revenue synergies and expanded supplier services.ROCKVILLE, Md., March 17, 2022 (GLOBE NEWSWIRE) — Xometry, Inc. (NASDAQ:XMTR), a leading global AI enabled digital manufacturing marketplace, today reported financial results for the...

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Nkarta Reports Fourth Quarter and Full Year 2021 Financial Results and Corporate Highlights

On track to announce initial Phase 1 clinical trial data from two co-lead programs in 20221H 2022 – NKX101, a CAR NK cell therapy candidate engineered with NKG2D receptor, in relapsed/refractory acute myeloid leukemia (AML) and higher-risk myelodysplastic syndrome (MDS) FY 2022 – NKX019, a CAR NK cell therapy candidate engineered with CD19 receptor, in relapsed/refractory B cell malignanciesSOUTH SAN FRANCISCO, Calif., March 17, 2022 (GLOBE NEWSWIRE) — Nkarta, Inc. (Nasdaq: NKTX), a clinical-stage biopharmaceutical company developing engineered natural killer (NK) cell therapies to treat cancer, today reported financial results for the fourth quarter and year ended December 31, 2021. “2021 was a year of solid execution for Nkarta across our two clinical development programs, unique NK cell engineering platform...

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Flushing Financial Corporation to Present at the Sidoti & Company Spring Small Cap Virtual Conference

UNIONDALE, N.Y., March 17, 2022 (GLOBE NEWSWIRE) — Flushing Financial Corporation (the “Company”) (Nasdaq-GS: FFIC), the parent holding company for Flushing Bank (the “Bank”), announced today that John R. Buran, President and Chief Executive Officer will be presenting at the Sidoti & Company Spring Small Cap Virtual Conference on March 23, 2022. The 30 minute presentation will begin at 10:45 am (ET) and can be accessed live at: https://sidoti.zoom.us/webinar/register/WN_lmB2mssxRSCn7ivL4xYTZg Additionally, John R. Buran and Susan K. Cullen, Senior Executive Vice President and Chief Financial Officer, will host virtual one-on-one meetings with investors on Wednesday, March 23, 2022. To register for the presentation or one-on-one meetings, visit www.sidoti.com/events. Registration is free and you don’t need to be a Sidoti client. FLUSHING...

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