Day: April 29, 2022

Earth Alive Reports 2021 Fourth Quarter and Year-End Financial Results

Written by Customer Service on April 29, 2022. Posted in Earnings Releases And Operating Results.

MONTREAL, April 29, 2022 (GLOBE NEWSWIRE) — Earth Alive Clean Technologies Inc. (TSXV: EAC) (“Earth Alive” or the “Company”), develops, manufactures and distributes state-of-the-art, environmentally-sound proprietary microbial solutions and products. This morning, Earth Alive reported results for the twelve-month period ended December 31, 2021. All financial information herein is in Canadian dollars unless otherwise noted. Business Highlights Building on successful tests in the precedent years, the Company focussed on securing additional clients throughout the world for its dust suppression product. To overcome the impact of worldwide flight restrictions on the Company’s presence on the fields with its clients and potential clients, the Company hired an international engineering group to support its activities on different mining...

Results of Operations for the Year Ended December 31, 2021 – American Overseas Group Limited Announces Net Loss Of $5.5 Million and Operating Loss of $5.0 Million For the Year Ended December 31, 2021

Written by Customer Service on April 29, 2022. Posted in Earnings Releases And Operating Results.

HAMILTON, Bermuda, April 29, 2022 (GLOBE NEWSWIRE) — American Overseas Group Limited (BSX: AORE.BH) (Pink Sheets: AOREF.PK) (“AOG” or the “Company”) today reported consolidated net loss available to common shareholders of $5.5 million, or $117.07 per diluted share, for the year ended December 31, 2021. This compares to consolidated net loss available to common shareholders of $5.0 million, or $107.24 per diluted share, for the year ended December 31, 2020. Book value per weighted share at December 31, 2021 was $916.83, a decline from the book value per weighted share of $1,062.22 at December 31, 2020. For the year ended December 31, 2021, the Company had an operating loss of $5.0 million, or $105.79 per diluted share, compared to operating loss of $22.1 million, or $473.66 per diluted share for the year ended December 31, 2020....

NCS Multistage Holdings, Inc. Schedules First Quarter 2022 Earnings Release and Conference Call

Written by Customer Service on April 29, 2022. Posted in Public Companies.

HOUSTON, April 29, 2022 (GLOBE NEWSWIRE) — NCS Multistage Holdings, Inc. (“NCS” or the “Company”) (NASDAQ:NCSM) will host a conference call to discuss its first quarter 2022 results on Friday, May 6, 2022 at 7:30 a.m. Central Time (8:30 a.m. Eastern Time). NCS will issue its first quarter 2022 earnings release the evening prior to the conference call. To join the conference call from within the United States, participants may dial (866) 374-5140. To join the conference call from outside of the United States, participants may dial (404) 400-0571. The conference access code is 40658981#. Participants are encouraged to log in to the webcast or dial in to the conference call approximately ten minutes prior to the start time. To listen via live webcast, please visit the Investors section of the Company’s website, www.ncsmultistage.com. The...

Fentura Financial, Inc. Announces First Quarter 2022 Earnings

Written by Customer Service on April 29, 2022. Posted in Earnings Releases And Operating Results.

Dollars in thousands except per share amounts. Certain items in the prior period financial statements have been reclassified to conform with the March 31, 2022 presentation.Figure 1 Stock Performance Five-Year Total ReturnFENTON, Mich., April 29, 2022 (GLOBE NEWSWIRE) — Fentura Financial, Inc. (OTCQX: FETM) announces quarterly results of net income of $3,084 for the three month period ended March 31, 2022. “I am pleased to report solid operating results for the first quarter of 2022. Loan growth and asset quality remained strong through the first quarter of 2022 leading to a $39,259 increase of total loans during the period. This growth has primarily been driven by our commercial lending team as they continue to expand relationships with existing customers as well as develop new relationships. I am confident the Fentura...

Hudson Capital Reports Full Year 2021 Results

Written by Customer Service on April 29, 2022. Posted in Earnings Releases And Operating Results.

HOUSTON, April 29, 2022 (GLOBE NEWSWIRE) — Hudson Capital, Inc. (NASDAQ: HUSN) reported full year 2021 financial results for the period ended December 31, 2021. Hudson Capital filed a Form 20-F with the SEC. Javier Selgas, CEO of Hudson Capital and Fr8App, said, “2022 has been a transformational year for us as a public company. In February, we acquired Freight App, Inc. (Fr8App), a well-run North American transportation logistics technology platform company with significant growth opportunities. Following that, at the end of March, we sold our non-core, non-performing assets thereby simplifying the business and bringing it renewed focus. The 20-F SEC filing reports Hudson Capital, Inc.’s audited financial statements and results of operations for Hudson Capital, Inc., for the years ended December 31, 2021, 2020 and 2019, exclusive...

Paul Mueller Company Announces Its First Quarter Earnings of 2022

Written by Customer Service on April 29, 2022. Posted in Earnings Releases And Operating Results.

SPRINGFIELD, Mo., April 29, 2022 (GLOBE NEWSWIRE) — Paul Mueller Company (OTC: MUEL) today announced earnings for the quarter ended March 31, 2022.PAUL MUELLER COMPANYTHREE-MONTH REPORTUnaudited(In thousands)CONSOLIDATED STATEMENTS OF INCOME Three Months Ended Twelve Months Ended March 31 March 31 2022 2021 2022 2021 Net Sales $ 40,775 $ 45,279 $ 180,109 $ 204,235 Cost of Sales 31,861 31,838 136,190 141,852 Gross Profit $ 8,914 $ 13,441 $ 43,919 $ 62,383 Selling, General and Administrative Expense 10,240 11,308 42,816 44,958 Goodwill Impairment Expense – – – 15,397 Operating Income (Loss) $ (1,326 ) $ 2,133 $ 1,103 $ 2,028 Interest...

Middlesex Water Reports First Quarter 2022 Earnings

Written by Customer Service on April 29, 2022. Posted in Earnings Releases And Operating Results.

HighlightsRevenues increased $3.7 million. Net Income rose by $5.2 million. Diluted EPS up $0.29 per share. Sale of Delaware regulated wastewater subsidiary.ISELIN, N.J., April 29, 2022 (GLOBE NEWSWIRE) — Middlesex Water Company (“Middlesex” or the “Company”) (NASDAQ:MSEX) a provider of water and wastewater services, today reported first quarter financial results. First Quarter 2022 ResultsQuarterly consolidated operating revenues rose $3.7 million to $36.2 million compared to the same period in 2021. Revenues in our Middlesex System increased $3.8 million primarily due to the January 1, 2022 New Jersey Board of Public Utilities approved base rate increase. In our Delaware system, revenues increased $0.7 million due to customer growth and a one-time customer credit refund issued in the first quarter of 2021. This increase was...

FNCB Bancorp, Inc. Announces First Quarter 2022 Net Income

Written by Customer Service on April 29, 2022. Posted in Earnings Releases And Operating Results.

DUNMORE, Pa., April 29, 2022 (GLOBE NEWSWIRE) — FNCB Bancorp, Inc. (NASDAQ: FNCB; www.fncb.com), the parent company of Dunmore-based FNCB Bank (the “Bank”), (collectively, “FNCB”) today reported net income of $4.4 million, or $0.22 per basic and diluted share, for the three months ended March 31, 2022, a decrease of $1.4 million, or 25.4%, compared to $5.8 million, or $0.29 per share for the same period of 2021. The reduction in earnings was largely due to increases in non-interest expense and the provision for loan and lease losses, coupled with a decrease in non-interest income. These reductions to earnings were partially mitigated by an increase in net interest income. For the three months ended March 31, 2022, the annualized return on average assets and return on average equity was 1.08% and 11.31%, respectively,...

Atlantic Petroleum – Result of the Annual General Meeting 29th April 2022

Written by Customer Service on April 29, 2022. Posted in Public Companies.

Tórshavn, Faroe Islands, 2022-04-29 (GLOBE NEWSWIRE) — Today P/F Atlantic Petroleum (NASDAQ OMX: ATLA DKK) held the Annual General Meeting in Tórshavn, Faroe Islands.Petur Even Djurhuus was elected Chairman of the Meeting. The Chairman of the Board presented the Board of Director’s and management’s statement of the Company’s activity during 2021. The audited Annual Accounts were presented and approved by the General Meeting. The General Meeting approved the remuneration to the Board in A: 2021 and B: 2022. It was decided to carry forward the result from 2021 to the next year. According to the Articles of Association all Members of the Board are up for election for a period of one year, namely: Ben Arabo, Mourits Joensen and Mark T. Højgaard. The board proposed for the election as board members: Ben Arabo, Mourits Joensen and Mark...

Automotive Finco Corp. Files Audited Consolidated Financial Statements For The Years ended December 31, 2021 and December 31, 2020

Written by Customer Service on April 29, 2022. Posted in Public Companies.

Not for distribution to United States newswire services or for dissemination in the United States. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. TORONTO, April 29, 2022 (GLOBE NEWSWIRE) — Automotive Finco Corp. (NEX: AFCC-H) (the “Company”) today announced that it has filed audited consolidated financial statements for the years ended December 31, 2021 and December 31, 2020. The statements, together with the Management Discussion and Analysis, can be found on the Company’s SEDAR profile at www.sedar.com. About Automotive Finco Corp. Automotive Finco Corp. is a finance company focused exclusively on the auto retail sector. In addition to its interest in Automotive Finance LP, the Company may also pursue other direct investments and financing...

Day: April 29, 2022

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