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Day: April 29, 2022

Peapack-Gladstone Financial Corporation Reports Strong First Quarter Results

Strong first quarter results driven by continued loan growth, margin improvement and increased wealth management and capital markets fees  Bedminster, NJ, April 29, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) (the “Company”) announces its first quarter 2022 results.  This earnings release should be read in conjunction with the Company’s Q1 2022 Investor Update, a copy of which is available on our website at www.pgbank.com and via a current report on Form 8-K on the website of the Securities and Exchange Commission at www.sec.gov.   The Company recorded total revenue of $54.33 million, net income of $13.44 million and diluted earnings per share (“EPS”) of $0.71 for the quarter ended March 31, 2022, compared to revenue of $49.61 million, net income of...

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Community West Bancshares Earnings Increase 31% to $4.0 Million, or $0.45 Per Diluted Share, in 1Q22 Compared to 1Q21; Declares Increased Quarterly Cash Dividend of $0.075 Per Common Share

GOLETA, Calif., April 29, 2022 (GLOBE NEWSWIRE) — Community West Bancshares (“Community West” or the “Company”), (NASDAQ: CWBC), parent company of Community West Bank (the “Bank”), today reported net income increased 31.1% to $4.0 million, or $0.45 per diluted share, for the first quarter of 2022, compared to $3.0 million, or $0.35 diluted share, for the first quarter of 2021, and increased 36.8% compared to $2.9 million, or $0.33 per diluted share, for the fourth quarter of 2021. The increase in earnings during the first quarter of 2022, compared to the fourth quarter of 2021, included a $549,000 tax exempt payout on a bank owned life insurance (“BOLI”) policy and collection and legal expense recovery of $992,000 as a result of a legal settlement. Results for the first quarter of 2022 reflect lower interest and fees on Small Business...

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Free Streaming Service Crackle Announces New Originals, Exclusives, Movies, and Series for May, Including the Crackle Original Feature Film Blast, Exclusive Series in the Vault, and Exclusive Feature Films Blended and Senior Moment

Crackle’s Mix of Hollywood Blockbusters, Award-winning Indies, Classic TV, and Hand-picked Exclusive and Original Content is Always FREE COS COB, Conn., April 29, 2022 (GLOBE NEWSWIRE) — Crackle Plus, a Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) company and one of the largest operators of streaming advertising-supported video-on-demand (AVOD) networks, today announced the upcoming content releases planned for May. The Crackle Plus streaming services are currently distributed through 70 touch points in the U.S. on platforms including Amazon FireTV, RokuTV, Apple TV, Smart TVs (Samsung, LG, Vizio), gaming consoles (PS4 and Xbox One), Plex, iOS and Android mobile devices and on desktops at Crackle.com, with previously announced plans to expand to over 90 touch points. New Crackle AVOD Originals in May Blast In a Parisian...

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The RealReal Releases First-Ever Scientific Measurement of the Resale Impact of Handbags, Fine Jewelry and Watches

TRR Sustainability Calculator Now Quantifies Carbon Emissions Savings and Water Footprint Reduction Across Five Categories SAN FRANCISCO, April 29, 2022 (GLOBE NEWSWIRE) — The RealReal (Nasdaq: REAL) — the world’s largest online marketplace for authenticated, resale luxury goods — today announced the expansion of its Sustainability Calculator, a first-of-its-kind tool that The RealReal developed and launched in 2018 to quantify the impact of resale. It initially measured the greenhouse gas emissions savings and water footprint reduction by recirculating apparel, and now generates savings data for double the number of items on The RealReal’s marketplace. After a year of research and collaboration with environmental experts and consultants, The RealReal Sustainability Calculator now also quantifies the positive impact of keeping...

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Abeona Therapeutics Announces Presentation at the Association for Research in Vision and Ophthalmology (ARVO) Annual Meeting

NEW YORK and CLEVELAND, April 29, 2022 (GLOBE NEWSWIRE) — Abeona Therapeutics Inc. (Nasdaq: ABEO), a fully-integrated leader in cell and gene therapy, today announced that preclinical data on AAV204, a novel adeno-associated virus (AAV) capsid from Abeona’s in-licensed AIM™ capsid library, will be presented at the Association for Research and Vision in Ophthalmology (ARVO) Annual Meeting, to be held on May 1-4, 2022 in Denver, CO and virtually on May 11-12, 2022. The poster presentation will highlight the ability of AAV204 to produce more robust transduction in the macula area of the eye following para-retinal administration in non-human primates, an ocular administration method that does not require a subretinal detachment. The presentation details are as follows: Posterboard Number: 3170-F0444Title: AAV204, a Novel AAV Capsid,...

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LPL Financial Hires Brett Goodman as Executive Vice President, Corporate Development and Investor Relations

SAN DIEGO, April 29, 2022 (GLOBE NEWSWIRE) — LPL Financial LLC (Nasdaq:LPLA) announced today that Brett Goodman joined the firm as executive vice president, Corporate Development and Investor Relations. Goodman will lead the firm’s Corporate Development and Investor Relations teams, overseeing the development and implementation of M&A strategies to support the long-term growth of the firm as well as the firm’s engagement with the shareholder community. He reports to Matt Audette, LPL Managing Director and Chief Financial Officer. “Brett is a seasoned executive in our industry who brings with him a command of the marketplace and proven experience gaining consensus and delivering value through enterprise-wide strategic initiatives. Brett is also a dynamic leader, with a track record of building high-performing teams by inspiring...

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DMG Blockchain Solutions Inc. to Present at the Planet MicroCap Showcase 2022

VANCOUVER, British Columbia, April 29, 2022 (GLOBE NEWSWIRE) — DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB: DMGGF) (FSE: 6AX) (“DMG” or the “Company”), a publicly traded, vertically integrated blockchain and cryptocurrency technology company, announced today that Chief Executive Officer Sheldon Bennett will present a corporate overview at the Planet MicroCap Showcase 2022. The conference is being held on May 3–5, 2022 at The Bally’s Hotel & Casino in Las Vegas, NV.Presentation Date:May 4, 2022Time:4:00pm Pacific TimeWebcast Link: https://www.webcaster4.com/Webcast/Page/2862/45118Mr. Bennett will be available for one-on-one meetings. To request a meeting and to register for the conference, click here: https://planetmicrocapshowcase.com/signup About DMG Blockchain Solutions Inc. DMG is an environmentally...

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Nordic American Tankers Ltd (NYSE: NAT) – Delivery of newbuilding

Friday, April 29, 2022 Dear Shareholders and Investors, We are pleased to inform that we will have an addition to our fleet delivered to us from Samsung Heavy Industries in South Korea. The new Suezmax will delivered May 13, 2022 and it will commence on a time charter contract for six years to a first class company in the Sultanate of Oman in the Middle East. The contract will secure stable cash flow and provide return on capital. It is always an objective for NAT to prioritize dividend payments. The vessel is 157,000 deadweight tons and has a carrying capacity of about one million barrels of cargo. For contacts, please see at the end of this communication.                                            www.nat.bm                                                                   CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS Matters...

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Galecto Reports First Quarter Operating and Financial Results

BOSTON, April 29, 2022 (GLOBE NEWSWIRE) — Galecto, Inc. (NASDAQ: GLTO), a clinical stage biotechnology company focused on the development of novel treatments for cancer and fibrosis, today announced its operating and financial results for the quarter ended March 31, 2022. “We continued to execute this quarter, and importantly completed enrollment in two of our three ongoing Phase 2 trials: GALACTIC-1 in IPF and GULLIVER-2 in liver cirrhosis,” said Hans Schambye, CEO of Galecto. “As we await topline data from GULLIVER-2 later this year, we look forward to other important milestones, including initiating enrollment in GALLANT-1, our Phase 2 trial in first-line NSCLC, and completing enrollment in MYLOX-1, our Phase 2 trial in myelofibrosis. We look forward to multiple data read-outs over the next year from our broad clinical stage...

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Red River Bancshares, Inc. Reports First Quarter 2022 Financial Results

ALEXANDRIA, La., April 29, 2022 (GLOBE NEWSWIRE) — Red River Bancshares, Inc. (the “Company”) (Nasdaq: RRBI), the holding company for Red River Bank (the “Bank”), announced today its unaudited financial results for the first quarter of 2022. Net income for the first quarter of 2022 was $7.4 million, or $1.03 per diluted common share (“EPS”), a decrease of $1.1 million, or 13.1%, compared to $8.5 million, or $1.17 EPS, for the fourth quarter of 2021, and a decrease of $673,000, or 8.3%, compared to $8.1 million, or $1.10 EPS, for the first quarter of 2021. For the first quarter of 2022, the quarterly return on assets was 0.93%, and the quarterly return on equity was 10.27%. First Quarter 2022 Performance and Operational Highlights In the first quarter of 2022, the Company had solid loan growth, deployed funds into the securities...

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