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Day: April 15, 2022

CPS to Host Conference Call on First Quarter 2022 Earnings

Las Vegas, Nevada, April 15, 2022 (GLOBE NEWSWIRE) — Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced that it will hold a conference call on Tuesday, April 19, 2022 at 1:00 p.m. ET to discuss its first quarter 2022 operating results. Those wishing to participate by telephone may dial-in at 877 312-5502, or 253 237-1131 for international participants, approximately 10 minutes prior to the scheduled time. The conference identification number is 3771614. A replay of the conference call will be available between April 19 and April 26, 2022, beginning two hours after conclusion of the call, by dialing 855 859-2056 or 404 537-3406 for international participants, with conference identification number 3771614. A broadcast of the conference call will also be available live and for 90 days after the...

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ZW Data Action Technologies Reports Full Year 2021 Audited Financial Results

BEIJING, April 15, 2022 (GLOBE NEWSWIRE) — ZW Data Action Technologies Inc. (Nasdaq: CNET) (the “Company”), an integrated online advertising, precision marketing, data analytics and other value-added services provider serving enterprise clients, today announced its audited financial results for the year ended December 31, 2021. Financial HighlightsRevenues in the full year of 2021 increased to $47.33 million, representing an increase of 23.2% YOY;Working capital of $11.10 million as of December 31, 2021, compared to $4.86 million as of December 31, 2020;Cash and cash equivalents of $7.17 million as of December 31, 2021, compared to $4.30 million as of December 31, 2020.Full Year 2021 Financial Results Revenues For the full year of 2021, revenues increased by $8.92 million, or 23.2%, to $47.33 million from $38.41...

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Meritage Reports First Quarter 2022 Results; Strong Sales Recovery Following Omicron Impact

GRAND RAPIDS, Mich., April 15, 2022 (GLOBE NEWSWIRE) — Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, today reported financial results for the first quarter ended April 3, 2022. First Quarter HighlightsSales increased 8.4% to $145.1 million compared to $133.8 million for the same period last year. Earnings from Operations were $2.2 million compared to $6.3 million for the same period last year. Net Earnings were $1.7 million compared to $4.9 million for the same period last year. Consolidated EBITDA (a non-GAAP measure) was $8.2 million compared to $12.4 million for the same period last year.“The Company anticipated a slower start to 2022 as a result of the dynamic inflation experienced in the second half of 2021. Additionally, the Omicron breakout in January 2022 significantly impacted...

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Accelus and CHP Merger Corp. Mutually Agree To Terminate Business Combination

PALM BEACH GARDENS, Fla. and SUMMIT, N.J., April 15, 2022 (GLOBE NEWSWIRE) — Integrity Implants Inc. d/b/a Accelus (“Accelus”), a privately held medical technology company focused on accelerating the adoption of minimally invasive surgery (MIS) as the standard of care in spine, and CHP Merger Corp. (“CHP”) (Nasdaq: CHPM, CHPMU and CHPMW), a special purpose acquisition company (SPAC), announced today that the companies have mutually agreed to terminate, effective immediately, the previously announced business combination agreement dated November 14, 2021 as a result of market conditions. “In light of market conditions, we believe that this strategic pivot will best enable our team to execute on our mission to transform the spine surgery space by accelerating the adoption of MIS as the standard of care,” said Chris Walsh, CEO and...

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Brooklyn ImmunoTherapeutics Announces Fourth Quarter and Full Year 2021 Financial Results

SAN DIEGO, April 15, 2022 (GLOBE NEWSWIRE) — Brooklyn ImmunoTherapeutics, Inc. (Nasdaq:BTX) (“Brooklyn”), a biopharmaceutical company focused on exploring the role that cytokine, gene editing, and cell therapy can have in treating patients with cancer, blood disorders, and monogenic diseases, today announced financial results for the fourth quarter and year ended December 31, 2021. Financial and corporate highlights for the quarter and year months ended December 31, 2021 and subsequently include the following: Fourth quarter ended December 31, 2021:Appointed Susan McClatchey as Vice President and Head of Quality Named to both the Nasdaq Biotechnology Index and the ICE Biotechnology Index Transitioned from the NYSE American to the Nasdaq Global Market to better align with industry peersThe period January 2021 – September 2021:Appointed...

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Allegro MicroSystems, Inc. to Announce Fourth Quarter and Fiscal Year 2022 Financial Results on Tuesday, May 10, 2022

MANCHESTER, N.H., April 15, 2022 (GLOBE NEWSWIRE) — Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it will release financial results for the fourth quarter and fiscal year 2022 prior to the market opening on Tuesday, May 10, 2022. Following the press release, the Company will host a conference call at 8:30AM Eastern time the same day. Ravi Vig, President and Chief Executive Officer, and Derek D’Antilio, Senior Vice President, Finance and Chief Financial Officer, will discuss the Company’s results and business outlook. Analysts and investors are invited to join the conference call using the following information: What: Allegro MicroSystems’ Q4 Fiscal 2022 Earnings Conference CallWhen: Tuesday, May 10, 2022Time: 8:30 a.m. EDT Conference Dial-in: 1-833-665-0677 International Dial-in: 1-929-517-0172Conference ID: 8659009Live...

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GTX Reports 2021 Financial Summary

LOS ANGELES CALIFORNIA, April 15, 2022 (GLOBE NEWSWIRE) — GTX Corp (OTC: GTXO) (“GTX” or the “Company”), a pioneer in the field of location based wearable GPS human and asset tracking systems and a supplier of Health and Safety personal protective medical equipment, today announced a summary for the year ended December 31, 2021. 2021 Financial Highlights:Cash on hand increased 44% over 2020 comparable period. Revenue decreased 44% over 2020 comparable period. Accounts Payable decreased 16% over 2020 comparable period. Inventory decreased 16% over 2020 comparable period. Customer base increased 53% over 2020 comparable period. Operating expenses increased 7% over 2020 comparable period. Debt decreased by 22% from previous 2020 comparable period.Management commentary: Patrick Bertagna, GTX Corp CEO. 2021 brought us Covid related...

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First Bancshares, Inc. Announces First Quarter 2022 Results

MOUNTAIN GROVE, Mo., April 15, 2022 (GLOBE NEWSWIRE) — First Bancshares, Inc. (OTCQX: FBSI) (“Company”), the holding company for Stockmens Bank (“Bank”), today announced its financial results for the quarter ended March 31, 2022. For the quarter ended March 31, 2022, the Company reported net income, of $1,020,000 or $0.39 per share-diluted, compared to $1,234,000, or $0.47 per share-diluted for the comparable period in 2021. Changes from the same respective period in 2021 include a $168,000 increase in net interest income after provisions for loan losses, along with a modest $5,000 increase in non-interest income and a $6,000 decrease in income tax expense, offset by a $273,000 increase in non-interest expense and the Company had a $120,000 gain on sale of investments in 2021 but did not have any realized gains in 2022. This resulted...

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Eneti Inc. Announces Availability of 2021 Annual Report on Form 20-F

MONACO, April 15, 2022 (GLOBE NEWSWIRE) — Eneti Inc. (NYSE: NETI) (the “Company”) announced today that its Annual Report on Form 20-F for the year ended December 31, 2021 has been filed with the Securities and Exchange Commission and can be accessed on the Company’s website www.Eneti-Inc.com in the Investors section under Reports and Presentations. Shareholders may also request a hard copy of the Annual Report, which includes the Company’s complete 2021 audited financial statements, free of charge, by contacting the Company at: Eneti Inc.Attn: James Doyle – Head of Corporate Development & Investor Relations150 E 58th StreetNew York, NY 10155Tel: +1-646-432-1678E-mail: Investor.Relations@Eneti-Inc.com Reports and other information regarding the Company are also available without charge at a website maintained by the U.S. Securities...

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LMP Automotive Holdings, Inc. Provides a Corporate Update and Announces it will Delay its 2021 Financial Results

FORT LAUDERDALE, Fla., April 15, 2022 (GLOBE NEWSWIRE) — LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (“LMP” or the “Company”), an e-commerce and facilities-based automotive retailer in the United States, today provided a corporate update and announces it will delay its 2021 financial results. Q1 2022 Financial Update Year to date, we are witnessing robust gross profits and revenue growth month-over-month. Revenue in the month of March was at its highest levels as compared to monthly revenue in the trailing 9 months. Balance Sheet Update LMP utilized approximately $16 million in cash from its balance sheet in the fourth quarter of 2021 for the following: We completed the acquisition of our contracted White Plains, New York Chrysler Dodge Jeep Ram in the early fourth quarter of 2021 using approximately $5 million in cash from the...

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