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Day: April 28, 2022

Summit Financial Group Reports First Quarter 2022 EPS of $0.90 on Annualized Double-Digit Loan Growth and Record Net Interest Income

MOOREFIELD, W.Va., April 28, 2022 (GLOBE NEWSWIRE) — Summit Financial Group, Inc. (“Company” or “Summit”) (NASDAQ: SMMF) today reported continued strong financial results for the first quarter of 2022, including double-digit annualized growth in loans, record net interest income, sequential net interest margin (“NIM”) expansion, improving asset quality and low operating expenses. The Company, which serves commercial and individual clients across West Virginia, the Washington metropolitan area, Virginia and Kentucky through Summit Community Bank, Inc., reported net income applicable to common shares of $11.5 million, or $0.90 per diluted share, for the first quarter of 2022, $12.4 million, or $0.95 per diluted share, for the fourth quarter of 2021 and $10.4 million, or $0.80 per share, for the first quarter of 2021. “Summit’s growth...

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Amalgamated Financial Corp. Reports First Quarter 2022 Financial Results

NEW YORK, April 28, 2022 (GLOBE NEWSWIRE) — Amalgamated Financial Corp. (the “Company” or “Amalgamated”) (Nasdaq: AMAL), the holding company for Amalgamated Bank (the “Bank”), today announced financial results for the first quarter ended March 31, 2022. First Quarter 2022 HighlightsNet income of $14.2 million, or $0.45 per diluted share, as compared to $15.9 million, or $0.50 per diluted share, on a linked quarter basis. Excluding the tax credit or accelerated depreciation impact of our solar tax equity investments, core net income was $14.3 million or $0.45 per diluted share as compared to $12.7 million or $0.40 on a linked quarter basis. Deposits increased $617.2 million to $7.0 billion and political deposits increased by $159.9 million to $1.1 billion on a linked quarter basis. Industry leading cost of deposits was 0.09%,...

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Precision Drilling Corporation Announces 2022 First Quarter Unaudited Financial Results

CALGARY, Alberta, April 28, 2022 (GLOBE NEWSWIRE) — This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this news release. This news release contains references to certain Financial Measures and Ratios, including Adjusted EBITDA (earnings before income taxes, gain on investments and other assets, finance charges, foreign exchange, gain on asset disposals, and depreciation and amortization), Funds Provided by (Used in) Operations, Net Capital Spending and Working Capital. These terms do not have standardized meanings prescribed under International Financial...

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Enento Group’s Interim Report 1.1. – 31.3.2022: Growth in a challenging market environment

ENENTO GROUP PLC, STOCK EXCHANGE RELEASE 28 APRIL 2022 AT 12.30 EEST Enento Group’s Interim Report 1.1. – 31.3.2022: Growth in a challenging market environment SUMMARY January – March 2022 in briefNet sales amounted to EUR 40,7 million (EUR 39,7 million), an increase of 2,6 % (at comparable exchange rates an increase of 4,4 %). Adjusted EBITDA excluding items affecting comparability was EUR 13,5 million (EUR 13,9 million), a decrease of 2,9 % (at comparable exchange rates decrease of 1,3 %). Adjusted EBIT excluding items affecting comparability and amortisation from fair value adjustments related to acquisitions was EUR 9,5 million (EUR 11,5 million), a decrease of 17,8 %. Adjusted EBIT includes an impairment and reversal of work-in-progress of EUR 1,6 million relating to Tambur service due to future transfer of the service.Operating...

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Millicom (Tigo) announces anticipated record date for rights offering and related stoppage of conversion between common shares and SDRs

Millicom (Tigo) announces anticipated record date for rights offering and related stoppage of conversion between common shares and SDRs  Luxembourg, April 28, 2022 – In connection with the previously announced rights offering, Millicom International Cellular S.A. (“Millicom”) hereby announces that the record date is expected to be on May 12, 2022 at 5:00 pm New York time for holders of the Company’s common shares and the same date (end of day, Swedish time) for holders of our shares held in the form of Swedish Depositary Receipts (“SDRs”). As announced on November 12, 2021, Millicom intends to raise approximately $750 million by way of a rights offering where its existing shareholders, including holders of SDRs, are granted preferential subscription rights to subscribe for the Company’s common shares, including common shares represented...

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Robotaxi Market Size [2022-2027] worth USD 11.10 Billion | Exhibit a CAGR of 61.2%

Robotaxi Market to Reach USD 11.10 Billion by 2027; China issues first driverless robotaxi permits to Pony.ai and Baidu. Increasing adoption of Advanced Driver Assistance System (ADAS) to drive market growth.Robotaxi Market Size Global Robotaxi Market Size ForecastPune, India, April 28, 2022 (GLOBE NEWSWIRE) — The global robotaxi market size estimated to grow from USD 0.50 billion in 2020 to USD 11.10 billion in 2027 at a CAGR of 61.2% during the 2020-2027 period. Robotaxi market size was USD 0.40 billion in 2019. The increasing demand for autonomy in the automotive sector is propelling the demand for advanced robotaxis worldwide. These autonomous taxis are equipped with technologically advanced LiDAR, RADAR, and other types of sensors to ensure smooth and driverless experience. This information is published by Fortune Business...

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Orion Group Interim Report 1–3/2022

ORION CORPORATION        INTERIM REPORT 1–3/2022        28 APRIL 2022 at 12:00 EEST Orion Group Interim Report 1–3/2022 This is a summary or Orion’s Interim Report 1–3/2022. The complete report is attached to this stock exchange release and is available at https://www.orion.fi/en/Orion-group/investors/financial-reviews-and-presentations/Net sales totalled EUR 271 million (EUR 269 million in 2021). Operating profit was EUR 71 (75) million. Profit before taxes was EUR 72 (75) million. Equity ratio was 53% (54%). Return on capital employed before taxes (ROCE) was 36% (38%). Return on equity after taxes (ROE) was 33% (35%). Basic earnings per share were EUR 0.41 (0.42). Cash flow per share before financial items was EUR 0.23 (0.19). The outlook for 2022 remains unchanged. Orion estimates that net sales in 2022 will be at a similar level...

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Interim Report for the period 1 January – 31 March 2022

The Supervisory Board of Tivoli A/S has adopted the Interim Report for the period 1 January – 31 March 2022. Results for the period 1 January – 31 March 2022 in outline:A revenue of DKK 52.2 million compared to DKK 16.6 million last year (+216%). An EBITDA of DKK -67.3 million compared to DKK -75.4 million last year. EBITDA is DKK 8.1 million better than last year. An EBIT of DKK -95.0 million compared to DKK -103.4 million last year. EBIT is DKK 8.4 million better than last year. A loss before tax of DKK -97.3 million compared to DKK -106.3 million last year. A loss before tax is DKK 9.0 million better than last year. A profit after tax of DKK -75.9 million compared to DKK -82.9 million last year. An attendance figure of 38,000 attendants compared to 24,000 last year (+58%).”An improved level of activity in the first quarter of 2022...

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PCI Biotech Holding ASA publishes the Annual Report 2021

Oslo, Norway, April 28, 2022 The Board of Directors of PCI Biotech Holding ASA has approved the Annual Report 2021 and the report is attached, in addition to the report according to the European Single Electronic Format (ESEF). The Annual Report 2021 is also available on the company’s website www.pcibiotech.com. For further information, please contact:        PCI Biotech Holding ASA, Ullernchausséen 64, N-0379 Oslo        Per Walday, CEO, pw@pcibiotech.no, Mobile: +47 917 93 429        Ronny Skuggedal, CFO, rs@pcibiotech.no, Mobile: +47 940 05 757 About PCI Biotech        PCI Biotech is a biopharmaceutical clinical stage development company focusing on development and commercialisation of novel therapies for the treatment of cancer through its innovative photochemical internalisation (PCI) technology platform. PCI induces triggered endosomal...

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Result of the auction of treasury bills on 28 april 2022

Bids, sales, stop-rates and prices are presented in the table below:      ISIN Bid Mill. kr. (nominal) Sale Stop-rate (per cent) Pro-rata Price98 18502 DKT 01/06/22 II 400 0 – – –98 18692 DKT 01/09/22 III 1,600 1,100 -0.535 100 % 100.181698 18775 DKT 01/12/22 IV 0 0 – – –Total 2,000 1,100      The sale will settle 2 May 2022.

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