Day: April 26, 2022

Sound Financial Bancorp, Inc. Q1 2022 Results

Sound Financial Bancorp, Inc. Q1 2022 Results

SEATTLE, April 26, 2022 (GLOBE NEWSWIRE) — Sound Financial Bancorp, Inc. (Nasdaq: SFBC), the holding company (the “Company”) for Sound Community Bank (the “Bank”), today reported net income of $1.7 million for the quarter ended March 31, 2022, or $0.65 diluted earnings per share, as compared to net income of $1.9 million, or $0.70 diluted earnings per share for the quarter ended December 31, 2021, and $2.5 million, or $0.93 diluted earnings per share for the quarter ended March 31, 2021. The Company also announced today that the Board of Directors has declared a cash dividend on Company common stock of $0.17 per share, payable on May 24, 2022 to stockholders of record as of the close of business on May 10, 2022. Comments from the President and Chief Executive Officer “While the winding down of the Paycheck...

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POET Technologies Reports Fourth Quarter 2021 Financial Results

POET Technologies Reports Fourth Quarter 2021 Financial Results

TORONTO, April 26, 2022 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic Integrated Circuits (PICs) for the data center and tele-communication markets, today reported its audited condensed consolidated financial results for the fourth quarter and full year ended December 31, 2021. The Company’s financial results as well as the Management’s Discussion and Analysis have been filed on SEDAR and EDGAR. All financial figures are in United States dollars (“USD”) unless otherwise indicated. Fourth Quarter Financial (non-IFRS) and Recent Business Highlights: The Company continued to execute on its strategic initiatives and achieved the following significant milestones during the fourth quarter and the subsequent...

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Atico Reports Consolidated Financial Results for 2021

Atico Reports Consolidated Financial Results for 2021

(All amounts expressed in US dollars, unless otherwise stated) VANCOUVER, British Columbia, April 26, 2022 (GLOBE NEWSWIRE) — Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTC: ATCMF) today announced its financial results for the year ended December 31, 2021, posting income from mining operations of $28.0 million and a net income of $7.0 million. Production for the year at Atico’s El Roble mine totaled 18.1 million pounds (“lbs”) of copper and 11,018 ounces (“oz”) of gold in concentrate at a cash cost(1) of $1.45 per payable pound of copper(2). Fernando E. Ganoza, CEO and Director, commented, “At the beginning of the year, the operation had a very rough start due to extreme weather conditions and equipment failure. However, the team was able to turn things around at mid-year, making up for most of lost...

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ARMOUR Residential REIT, Inc. Announces May 2022 Dividend Rate Per Common Share

ARMOUR Residential REIT, Inc. Announces May 2022 Dividend Rate Per Common Share

VERO BEACH, Florida, April 26, 2022 (GLOBE NEWSWIRE) — ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced the May 2022 cash dividend for the Company’s Common Stock. May 2022 Common Stock Dividend Information Month   Dividend   Holder of Record Date   Payment Date May 2022   $0.10   May 16, 2022   May 27, 2022 Certain Tax Matters ARMOUR has elected to be taxed as a real estate investment trust (“REIT”) for U.S. Federal income tax purposes. In order to maintain this tax status, ARMOUR is required to timely distribute substantially all of its ordinary REIT taxable income. Dividends paid in excess of current tax earnings and profits for the year will generally not be taxable to common stockholders. Actual dividends are determined at the discretion of the Company’s board of...

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Ethan Allen Increases Regular Quarterly Dividend by 10%

Ethan Allen Increases Regular Quarterly Dividend by 10%

Danbury, CT, April 26, 2022 (GLOBE NEWSWIRE) — Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) (NYSE:ETD) announced today that its Board of Directors has declared and increased the regular quarterly cash dividend to $0.32 per share, payable on May 25, 2022, to shareholders of record at the close of business on May 10, 2022. Farooq Kathwari, Ethan Allen’s Chairman, President and CEO commented, “We are pleased to increase our regular quarterly dividend by 10% to $0.32 per share. The Board’s decision today highlights our strong balance sheet allowing for these returns to shareholders. We believe we are well-positioned due to our relevant offerings, strong retail network, the personal service of our interior design professionals combined with technology, our unique vertical integration structure whereby about 75% of our...

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Rush Enterprises, Inc. Reports First Quarter 2022 Results, Announces $0.19 Per Share Dividend

Rush Enterprises, Inc. Reports First Quarter 2022 Results, Announces $0.19 Per Share Dividend

Revenues of $1.6 billion, net income of $92.5 million Earnings per diluted share of $1.43, excluding one-time gain related to Momentum JV Absorption ratio 136.3% Record first quarter financial results primarily due to strong Class 8 truck sales and aftermarket growth Board declares cash dividend of $0.19 per share of Class A and Class B common stock SAN ANTONIO, April 26, 2022 (GLOBE NEWSWIRE) — Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America, today announced that for the quarter ended March 31, 2022, the Company achieved revenues of $1.563 billion and net income of $92.5 million, or $1.60 per diluted share, compared with revenues of $1.232 billion and net income of $45.3 million, or $0.79 per diluted share, in the quarter ended March 31,...

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CN Declares Second-Quarter 2022 Dividend

CN Declares Second-Quarter 2022 Dividend

MONTREAL, April 26, 2022 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) announced today that its Board of Directors has approved a second-quarter 2022 dividend on the Company’s common shares outstanding. A quarterly dividend of seventy-three and a quarter cents (C$0.7325) per common share will be paid on June 30, 2022, to shareholders of record at the close of business on June 9, 2022. About CNCN is a world-class transportation leader and trade-enabler. Essential to the economy, to the customers, and to the communities it serves, CN safely transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year. As the only railroad connecting Canada’s Eastern and Western coasts with the U.S. South through a 18,600-mile rail network, CN and its affiliates have been...

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Avid Introduces New Pro Tools Subscription Offerings that Empower Music Creators at Every Level of Experience

Avid Introduces New Pro Tools Subscription Offerings that Empower Music Creators at Every Level of Experience

New Pro Tools subscription offering for entry-level musicians, plus enhanced functionality and new virtual instruments, for all music and audio post customers BURLINGTON, Mass., April 26, 2022 (GLOBE NEWSWIRE) — Avid® (NASDAQ: AVID) today announced that its award-winning audio production software Pro Tools® is now available to every segment of the music industry with three subscription-only offerings starting at $9.99/month: Pro Tools Artist™ for aspiring music creators, Pro Tools Studio ™ for serious audio engineers and music producers, and Pro Tools Flex ™, a subscription bundle for professional audio post and music facilities. These products build on the current Pro Tools product lineup with significant new capabilities and content, including new virtual instruments and strategic partner solutions. All current Pro Tools and...

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Luther Burbank Corporation Reports Earnings for the Quarter Ended March 31, 2022 and Announces Quarterly Dividend

Luther Burbank Corporation Reports Earnings for the Quarter Ended March 31, 2022 and Announces Quarterly Dividend

First Quarter 2022 Highlights Net income of $22.9 million, or $0.45 per diluted share Net interest margin of 2.54% Return on average assets and equity of 1.28% and 13.60%, respectively Cost of interest bearing deposits declined by 3 basis points to 0.45% Efficiency ratio of 34.4% Loan production of $568.9 million Nonperforming assets to total assets of 0.03% Tangible book value per share of $12.93 Repurchased 425 thousand common shares at an average price per share of $13.25 Quarterly cash dividend of $0.12 per common share declared   As of or For the Three Months Ended (1) (Dollars in thousands, except per share amounts) March 31,2022 December 31,2021 March 31,2021 Performance Ratios       Return on average assets   1.28 %   1.30 %   1.05 % Return on average equity   13.60 %   14.08 %   11.82 % Net interest margin   2.54 %   2.57 %   2.23 % Efficiency...

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1812 Brewing Company, Inc. Releases Shareholder Update

1812 Brewing Company, Inc. Releases Shareholder Update

— Where we are and hope to go — Watertown, NY, April 26, 2022 (GLOBE NEWSWIRE) — 1812 BREWING COMPANY, INC. (OTC Pink: KEGS) (the “Company” or “KEGS”) Chairman and Chief Executive Officer, Thomas W. Scozzafava, issued the following update to its shareholders today: Dear Shareholders: I am pleased to address shareholders at this critical time to take inventory of our progress and accomplishments to date, as well as look forward towards what we hope to accomplish.  In less than two years and during the greatest pandemic in 100 years, the Company was successful in its efforts to organize its books and records to maintain its quoted trading status with OTC Markets while many others failed to do so.  Additionally, we enacted our name change to “1812 Brewing Company” with FINRA and received the ticker symbol “KEGS,”...

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