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Month: April 2022

Millicom (Tigo) reports continued strength in Q1

Millicom (Tigo) reports continued strength in Q1 Luxembourg, April 28, 2022 – Millicom is pleased to announce its first quarter 2022 results. Please find below links to the Q1 2022 Earnings Release, and IAS 34 Interim Condensed Consolidated Financial Statements. Millicom Chief Executive Officer Mauricio Ramos commented: “We are off to a strong start in 2022, with operating and financial results ahead of our plans. Our Mobile business performed particularly well, especially in Colombia, where we have added one million postpaid subscribers over the past 12 months, implying growth of more than 50% in the country, and puts us well on track toward achieving the scale we need to sustain higher levels of profitability in that market over the long term. B2B also performed strongly, with growth accelerating to about 5%, our fastest growth...

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EXL Reports 2022 First Quarter Results

2022 First Quarter Revenues of $329.2 Million, up 25.9% year-over-year Q1 Diluted Earnings Per Share (GAAP) of $1.07, up from $0.93 in Q1 of 2021 Q1 Adjusted Diluted Earnings Per Share (Non-GAAP) (1) of $1.42, up from $1.18 in Q1 of 2021 NEW YORK, April 28, 2022 (GLOBE NEWSWIRE) — ExlService Holdings, Inc. (NASDAQ: EXLS), a leading data analytics and digital operations and solutions company, today announced its financial results for the quarter ended March 31, 2022. Rohit Kapoor, Vice Chairman and Chief Executive Officer, said, “EXL had a strong first quarter with revenue of $329.2 million, a 25.9% increase from the first quarter of 2021. Analytics continued to lead our growth with a 45.7% revenue increase from the first quarter of 2021. Adjusted diluted earnings per share for the quarter was $1.42, a 20.3% increase year-over-year....

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WTW Reports First Quarter 2022 Earnings

Total revenue1 decreased 3% to $2.2 billion with organic growth of 2% Diluted Earnings per Share were $1.03 for the quarter, down 82% over prior year Adjusted Diluted Earnings per Share were $2.66 for the quarter, up 22% over prior year Income from Operations was $179 million or 8.3% of revenue, with margin down 120 basis points over prior year Adjusted Operating Income was $371 million or 17.2% of revenue, with margin up 200 basis points over prior yearARLINGTON, Va. and LONDON, April 28, 2022 (GLOBE NEWSWIRE) — WTW (NASDAQ: WTW) (the “Company”), a leading global advisory, broking and solutions company, today announced financial results for the first quarter ended March 31, 2022. “The first quarter marked a solid start to the year for WTW with results that were in line with expectations and reflect improved momentum in...

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FirstCash Reports Strong First Quarter Results; Completes Share Repurchase Authorization and Authorizes Additional Share Repurchase Program; Declares Quarterly Cash Dividend

FORT WORTH, Texas, April 28, 2022 (GLOBE NEWSWIRE) — FirstCash Holdings, Inc. (“FirstCash” or the “Company”) (Nasdaq: FCFS), the leading international operator of retail pawn stores and a leading provider of retail point-of-sale (“POS”) payment solutions, today announced operating results for the three-month period ended March 31, 2022. The Company also announced the completion of its current $100 million share repurchase plan and the authorization of a new $100 million share repurchase plan. In addition, the Board of Directors declared a quarterly cash dividend of $0.30 per share, which will be paid in May 2022. Mr. Rick Wessel, chief executive officer, stated, “Our first quarter results were outstanding, driven primarily by strong year-over-year growth in revenue and earnings from our core pawn operations, which represented over...

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LKQ Corporation Announces Results for First Quarter 2022

Revenue of $3.3 billion (up 5.6% year-over-year) Parts and services organic revenue increased 6.9% (5.6% on a per day basis) Diluted EPS1 of $0.94 (up 6.8%); adjusted diluted EPS1,2 of $1.00 (up 6.4%) Operating cash flow of $409 million; free cash flow2 of $350 million Stock buyback program invested $144 million for 2.7 million shares in the quarter Dividend of $0.25 per share approved to be paid in the second quarter of 2022 Raising 2022 organic revenue and EPS outlookCHICAGO, April 28, 2022 (GLOBE NEWSWIRE) — LKQ Corporation (Nasdaq:LKQ) today reported first quarter 2022 results that reflect year-over-year improvement in revenue and earnings per share. “We are extremely pleased with our first quarter results, which built on the momentum from last year and are a validation of the resiliency of our operating model. I am proud...

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Overstock Announces First Quarter 2022 Financial Results

Eighth consecutive quarter of profitability Repurchased shares and ended quarter with strong cash position SALT LAKE CITY, April 28, 2022 (GLOBE NEWSWIRE) — Overstock.com, Inc. (NASDAQ:OSTK) today reported financial results for the quarter ended March 31, 2022. First Quarter 2022 Financial Highlights, from continuing operations• Total net revenue of $536 million, a decrease of 19% year over year• Gross profit of $125 million or 23.4% of total net revenue• Income from continuing operations of $10 million• Diluted earnings per share of $0.21• Adjusted EBITDA (non-GAAP) of $21 million, which represents 4% of net revenue• Cash and cash equivalents totaled $493 million at the end of the first quarter“We delivered our eighth consecutive quarter of profitability in line with our stated adjusted EBITDA margin targets,...

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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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