Day: March 23, 2022

Transformative Year for Savaria

Written by Customer Service on March 23, 2022. Posted in Earnings Releases And Operating Results.

Savaria Delivers Record Revenue and EBITDA in 2021 LAVAL, Québec, March 23, 2022 (GLOBE NEWSWIRE) — Savaria Corporation (“Savaria”) (TSX: SIS), a global leader in the accessibility industry, is pleased to announce its results for fiscal 2021. Highlights – Fiscal 2021 vs. Fiscal 2020Revenue was $661.0M, up $306.5M or 86.5%, mainly due to the acquisition of Handicare; Gross profit was $215.5M, up $93.4M or 76.5%, representing 32.6% of revenue compared to 34.5%; Adjusted EBITDA was $100.3M, up $40.5M or 67.7%; Adjusted EBITDA margin stood at 15.2%, compared to 16.9%; Net earnings were $11.5M or $0.19 per share on a diluted basis. Adjusted net earnings were $23.3M or $0.37 per share on a diluted basis, down 18.3% and $0.19, respectively; Acquisition of Handicare Group AB on March 4, 2021, further strengthening Savaria’s position...

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

Written by Customer Service on March 23, 2022. Posted in Earnings Releases And Operating Results.

Annual Revenue Growth of 3% Led to Full Year Net Income of $1.3 Million Cash Balance of $21.6 Million, Board of Directors Approves a Stock Repurchase Plan JERICHO, NY, March 23, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Paltalk, Inc., (“Paltalk,” the “Company,” “we,” “our” or “us”) (Nasdaq: PALT), a leading communications software innovator that powers multimedia social applications, today announced financial and operational results for the fourth quarter and year ended December 31, 2021. Key Financial Highlights for Fourth Quarter Ended December 31, 2021 Compared to Prior Year PeriodRevenue decreased 9% to $3.1 million, due to the decrease in technology service revenue in the fourth quarter of 2021 Subscription revenue remained flat at $3.0 million Advertising revenue increased 18% to $0.1 million Adjusted EBITDA loss of $0.2...

Devon Energy Schedules First-Quarter 2022 Earnings Release and Conference Call

Written by Customer Service on March 23, 2022. Posted in Public Companies.

OKLAHOMA CITY, March 23, 2022 (GLOBE NEWSWIRE) — Devon Energy Corp. (NYSE: DVN) today announced it will report first-quarter 2022 results on Monday, May 2, after the close of U.S. financial markets. The earnings release and presentation for the first-quarter 2022 results will be available on the company’s website at www.devonenergy.com. On Tuesday, May 3, the company will hold a conference call at 10:00 a.m. Central Time (11:00 a.m. Eastern Time), which will consist primarily of answers to questions from analysts and investors. A webcast link to the conference call will be provided on Devon’s website at www.devonenergy.com. A replay will be available on the website following the call. ABOUT DEVON ENERGY Devon Energy is a leading oil and gas producer in the U.S. with a premier multi-basin portfolio headlined by a world-class acreage...

Timbercreek Financial Declares March 2022 Dividend

Written by Customer Service on March 23, 2022. Posted in Dividend Reports And Estimates.

TORONTO, March 23, 2022 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on April 14, 2022 to holders of Common Shares of record on March 31, 2022. The Company also offers a Dividend Reinvestment Plan (the “Plan”), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees. Pursuant to the Plan and at the discretion of Timbercreek Capital Inc., the Manager, Common Shares will be acquired in the open market at prevailing prices or issued from treasury at 98 percent of the average market price (the...

Guaranty Federal Bancshares, Inc. Announces Receipt of Regulatory Approvals to Complete Its Merger With QCR Holdings, Inc.

Written by Customer Service on March 23, 2022. Posted in Mergers And Acquisitions.

SPRINGFIELD, Mo., March 23, 2022 (GLOBE NEWSWIRE) — Guaranty Federal Bancshares, Inc. (NASDAQ: GFED) (the “Company” or “GFED” ) today announced that QCR Holdings, Inc. (“QCR Holdings”) has received all of the regulatory approvals required to complete its previously announced merger with the Company, through the merger of Guaranty with and into QCR Holdings (the “Merger”), pursuant to the terms of the Agreement and Plan of Merger, dated November 9, 2021, between QCR Holdings and Guaranty (the “Agreement”). The Merger remains subject to, the satisfaction of other customary closing conditions and is anticipated to close on April 1, 2022. ABOUT QCR HOLDINGS, INC.QCR Holdings, Inc., headquartered in Moline, Illinois, is a relationship-driven, multi-bank holding company serving the Quad Cities, Cedar Rapids, Cedar Valley, Des Moines/Ankeny...

QCR Holdings, Inc. Announces Receipt of Regulatory Approvals to Complete its Acquisition of Guaranty Federal Bancshares, Inc.

Written by Customer Service on March 23, 2022. Posted in Mergers And Acquisitions.

MOLINE, Ill., March 23, 2022 (GLOBE NEWSWIRE) — QCR Holdings, Inc. (NASDAQ: QCRH) (“QCR Holdings”) today announced that it has received all of the regulatory approvals required to complete its previously announced acquisition of Guaranty Federal Bancshares, Inc. (“Guaranty”), through the merger of Guaranty with and into QCR Holdings (the “Merger”), pursuant to the terms of the Agreement and Plan of Merger, dated November 9, 2021, between QCR Holdings and Guaranty (the “Agreement”). The Merger remains subject to, the satisfaction of other customary closing conditions and is anticipated to close on April 1, 2022. “We are extremely pleased to have received the regulatory approvals required to complete the proposed acquisition with Guaranty, another significant milestone towards closing this transaction,” said Larry Helling, QCR Holdings...

Raymond James Financial Reports February 2022 Operating Data

Written by Customer Service on March 23, 2022. Posted in Earnings Releases And Operating Results.

ST. PETERSBURG, Fla., March 23, 2022 (GLOBE NEWSWIRE) — Raymond James Financial, Inc. (NYSE: RJF) today reported selected operating data for February 2022, in an effort to provide timely information to investors about monthly developments in certain key performance metrics. Due to the limited nature of this data, a consistent correlation to earnings should not be assumed. “Our client-focused culture and award-winning technology platform continue to support strong financial advisor retention and drive robust recruiting momentum across our multiple affiliation options,” said Chair and CEO Paul Reilly. “Although our M&A pipeline remains strong, macroeconomic and geopolitical uncertainty have contributed to a decline in investment banking revenues during the first two months of the quarter compared to the first two months of the...

Old National Bancorp Announces Preferred Stock Quarterly Cash Dividend

Written by Customer Service on March 23, 2022. Posted in Dividend Reports And Estimates.

EVANSVILLE, Ind., March 23, 2022 (GLOBE NEWSWIRE) — Old National Bancorp (“Old National”) (NASDAQ: ONB) today announced that its Board of Directors declared a quarterly cash dividend of $17.50 per share (equivalent to $0.4375 per depositary share or 1/40th interest per share) on Old National’s 7.0% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A (NASDAQ: ONBPP) and Series C (NASDAQ: ONBPO). The dividends are payable on May 20, 2022, to stockholders of record as of the close of business on May 5, 2022. About Old National Old National Bancorp (NASDAQ: ONB), the holding company of Old National Bank, is the largest bank holding company headquartered in Indiana. With more than $46 billion of assets and $34 billion of assets under management, it ranks among the top 35 banking companies based in the U.S. and has been recognized...

Homology Medicines Reports Fourth Quarter and Full Year 2021 Financial Results and Recent Highlights

Written by Customer Service on March 23, 2022. Posted in Earnings Releases And Operating Results.

– Formed New AAV Manufacturing and Innovation Business with Oxford Biomedica to Leverage Homology’s Process Development and Manufacturing Capabilities – – Received $130 Million Non-Dilutive Capital that Significantly Extends Cash Runway – – Launched pheEDIT Gene Editing Trial for PKU and juMPStart Gene Therapy Trial for Hunter Syndrome; Program Updates Expected by Year-End – – Company Updates Guidance on pheNIX Gene Therapy Trial for PKU – BEDFORD, Mass., March 23, 2022 (GLOBE NEWSWIRE) — Homology Medicines, Inc. (Nasdaq: FIXX), a genetic medicines company, announced today financial results for the fourth quarter and full year ended December 31, 2021, and highlighted recent accomplishments. “We recently closed our deal with Oxford Biomedica to form a new company that incorporates...

Karat Packaging Reports Fourth Quarter and Full Year 2021 Financial Results

Written by Customer Service on March 23, 2022. Posted in Earnings Releases And Operating Results.

– Fourth Quarter Net Sales Grew Nearly 30 Percent;Net Income Increased More than Three-Fold – CHINO, Calif., March 23, 2022 (GLOBE NEWSWIRE) — Karat Packaging Inc. (Nasdaq: KRT) (“Karat”), a specialty distributor and manufacturer of environmentally friendly, disposable foodservice products and related items, today announced financial results for the fourth quarter and full year ended December 31, 2021. Fourth Quarter 2021 HighlightsNet sales of $91.3 million, up 29.8 percent from the prior-year quarter. Gross profit of $28.3 million, up 46.7 percent from the prior-year quarter. Gross margin of 31.0 percent, an improvement of 360 basis points over the prior-year quarter. Net income of $6.0 million, up more than three-fold over the prior-year quarter. Net income margin of 6.5 percent, an improvement of 420 basis points over the...

Day: March 23, 2022

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Cookie Notice