Month: April 2022

ABERDEEN, Wash., April 29, 2022 (GLOBE NEWSWIRE) — Pacific Financial Corporation (OTCQX: PFLC), (“Pacific Financial”) or the (“Company”), the holding company for Bank of the Pacific (the “Bank”), today reported net income of $1.7 million, or $0.16 per diluted share for the first quarter of 2022, compared to $2.1 million, or $0.20 per diluted share for the fourth quarter of 2021, and $4.2 million, or $0.40 per diluted share for the first quarter of 2021.   All results are unaudited.   The board of directors of Pacific Financial declared a quarterly cash dividend of $0.13 per share on April 27, 2022. The dividend will be payable on May 27, 2022 to shareholders of record on May 13, 2022 “The company’s earnings came under pressure, as expected, during the quarter with the reduction in PPP interest and fees and mortgage banking income...

Embedded in IoT-powered trackers, NextNav Pinnacle will enable more accurate tracking of critical assets and infrastructure MCLEAN, Va., April 29, 2022 (GLOBE NEWSWIRE) — NextNav, a leader in next generation geolocation solutions, has partnered with Last Mile Technology, a provider of proprietary asset movement and sensor event analysis services, to enhance vertical location capabilities of their asset tracking solutions. Organizations can now precisely visualize and understand the three-dimensional movement of business-critical assets to strengthen operations, security, and data-driven decision-making. With vertical location intelligence powered by NextNav Pinnacle, Last Mile’s Multi-function Asset Tracker – which has an embedded barometric sensor – can now report precise 3D geolocation data of any asset via API, web, or mobile...

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...

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...

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...

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...

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,...