Month: April 2022

Fountain Asset Corp. Announces Its Financial Results for the Quarter and Year Ended December 31, 2021

Written by Customer Service on April 22, 2022. Posted in Earnings Releases And Operating Results.

TORONTO, April 21, 2022 (GLOBE NEWSWIRE) — Fountain Asset Corp. (TSXV:FA) (“Fountain” or the “Company”) would like to announce its financial results for the three months ended December 31, 2021 (“Q4/21”) and for the year ended December 31, 2021 (“Fiscal 2021”). Highlights from Q4/21:Adjusted net asset value (“ANAV”) of $24.44 million ($0.40 per share) at December 31, 2021 compared to $27.80 million ($0.45 per share) at September 30, 2021, representing an 11% decrease quarter over quarter on a per share basis. ANAV reflects the net asset value plus the amount of available tax loss pools available; Net comprehensive loss of $3.61 million compared to net comprehensive income of $4.54 million for three months ended December 31, 2020 (“Q4/20”); Total revenue loss from investment activity was $3.01 million compared to total revenue...

CapStar Reports First Quarter 2022 Results and Increase in Quarterly Dividend

Written by Customer Service on April 22, 2022. Posted in Earnings Releases And Operating Results.

NASHVILLE, Tenn., April 21, 2022 (GLOBE NEWSWIRE) — CapStar Financial Holdings, Inc. (“CapStar”) (NASDAQ:CSTR) today reported net income of $10.7 million or $0.48 per diluted share, for the quarter ended March 31, 2022, compared with net income of $12.5 million or $0.56 per diluted share, for the quarter ended December 31, 2021, and net income of $11.0 million or $0.50 per diluted share, for the quarter ended March 31, 2021. Annualized return on average assets and return on average equity for the quarter ended March 31, 2022 were 1.37 percent and 11.39 percent, respectively. The first quarter included a BOLI death benefit of $0.9 million, deferred loan origination expense related to prior periods of $0.5 million and severance expense of $0.4 million.Four Key Drivers Targets 1Q22 4Q21 1Q21Annualized revenue growth >...

Soluna Holdings, Inc. Announces Proposed Public Offering of Series A Preferred Stock and Concurrent Registered Direct Offering

Written by Customer Service on April 22, 2022. Posted in Public Companies.

NEW YORK, NY, April 21, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Soluna Holdings, Inc. (“SHI” or the “Company”), (Nasdaq: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for cryptocurrency mining and other intensive computing, announced today that it intends to offer shares of its 9.0% Series A Cumulative Perpetual Preferred Stock, par value $0.001 per share, with a $25.00 liquidation preference per share (the “Series A Preferred Stock”), in an underwritten public offering. Concurrently with the public offering and by means of a separate prospectus supplement, the Company intends to offer shares of its Series A Preferred Stock directly to certain institutional lenders in a registered direct offering. All of the shares of Series A Preferred Stock in both offerings are...

MINILUXE REPORTS FINANCIAL RESULTS FOR THE FISCAL YEAR 2021

Written by Customer Service on April 22, 2022. Posted in Earnings Releases And Operating Results.

Reports YOY Revenue Growth of 57% with Gross Profit more than doubling prior year Not for distribution to U.S. news wire services or dissemination in the United States. Toronto, Ontario, April 21, 2022 (GLOBE NEWSWIRE) — MiniLuxe Holding Corp. (TSXV: MNLX) today announced its financial results for the 13 weeks and 52 weeks ended December 26, 2021 (“Q4 2021” and “FY 2021”, respectively). The fiscal year of MiniLuxe is a 52-week reporting cycle ending on the Sunday closest to December 31, which periodically necessitates a fiscal year of 53 weeks. All of the fiscal years referred to in this release consist of 52 week-periods. Unless otherwise specified, all amounts are reported in U.S. dollars. MiniLuxe is pleased to report total revenue of $16.7M in FY 2021, a nearly 60 percent increase over total revenue in the 52 weeks ended December...

Cavco Industries Announces Closing of Acquisition of Manufacturing Facility in North Carolina, Expanding Affordable Home Production Capabilities

Written by Customer Service on April 21, 2022. Posted in Mergers And Acquisitions.

PHOENIX, April 21, 2022 (GLOBE NEWSWIRE) — Cavco Industries, Inc. (Nasdaq: CVCO) (“Cavco”) today announced its closing of the acquisition of a 184,000 square-foot manufacturing facility in Hamlet, North Carolina. As previously announced, the facility, which currently produces multi-family residential and commercial projects, will be modified to produce homes built under the standards of the U.S. Department of Housing and Urban Development (“HUD code”). The seller, Volumetric Building Companies (“VBC”), will complete existing projects through summer 2022, at which time Cavco will complete renovating the facility for HUD code home production, with an anticipated home production start date by the fourth calendar quarter of 2022. Cavco intends to offer employment to existing facility employees following...

MustGrow Biologics Corp. Announces Filing of Final Base Shelf Prospectus

Written by Customer Service on April 21, 2022. Posted in Public Companies.

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. SASKATOON, Saskatchewan, April 21, 2022 (GLOBE NEWSWIRE) — MustGrow Biologics Corp. (CSE: MGRO, OTC: MGROF, FRA: 0C0) (“MustGrow” or the “Company“) announces that it has filed a final short form base shelf prospectus (the “Shelf Prospectus“) with securities regulatory authorities in each province of Canada. “The Shelf Prospectus will provide us with greater flexibility to access capital on an expedited basis if and when required during the 25 month period it is expected to be effective,” said Corey Giasson, President and Chief Executive Officer of MustGrow. “While we have no immediate plans to draw capital...

R1 RCM to Release First Quarter 2022 Results on May 9

Written by Customer Service on April 21, 2022. Posted in Public Companies.

MURRAY, Utah, April 21, 2022 (GLOBE NEWSWIRE) — R1 RCM Inc. (NASDAQ: RCM), a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers, today announced it expects to release financial results for the three months ended March 31, 2022 before market open on Monday, May 9, 2022. R1’s management team will host a conference call on May 9 at 8:00 a.m. ET to discuss the results and business outlook. To participate, please dial 888-330-2022 (646-960-0690 outside the U.S. and Canada) using conference code number 5681952. A live webcast and replay of the call will be available at the Investor Relations section of the Company’s website at r1rcm.com. About R1 RCM R1 is a leading provider of technology-driven solutions that transform the patient experience and financial...

Broadwind Announces First Quarter 2022 Results Conference Call Date

Written by Customer Service on April 21, 2022. Posted in Public Companies.

CICERO, Ill., April 21, 2022 (GLOBE NEWSWIRE) — Broadwind (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue first quarter 2022 results before the market opens on May 6, 2022. A conference call will be held that same day at 11:00 A.M. ET to review the Company’s financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company’s corporate website at https://investors.bwen.com/investors. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download, and install any necessary audio software. To participate in...

Dril-Quip, Inc. Schedules First Quarter 2022 Earnings Release and Upcoming Webcast

Written by Customer Service on April 21, 2022. Posted in Public Companies.

HOUSTON, April 21, 2022 (GLOBE NEWSWIRE) — Dril-Quip, Inc. (NYSE: DRQ), (the “Company” or “Dril-Quip”) announced today that it will release its first quarter 2022 earnings press release following the market close on Thursday, April 28, 2022. The Company will also participate in a fireside chat webcast conversation with Senior Research Analyst Tom Curran of Seaport Research Partners on Friday, April 29, 2022 at 11:00 a.m. Eastern Time (10:00 a.m. Central Time). Jeff Bird, Dril-Quip’s President and Chief Executive Officer, and Kyle McClure, Dril-Quip’s Vice President and Chief Financial Officer, will be discussing multiple topics regarding the Company’s recent financial performance, current operations and business outlook with Mr. Curran. There will be no questions and answers from other participants during the event, but all stakeholders...

Latham Group, Inc. Provides Updates on Facility Fire in Odessa, Texas

Written by Customer Service on April 21, 2022. Posted in Public Companies.

LATHAM, N.Y., April 21, 2022 (GLOBE NEWSWIRE) — Latham Group, Inc. (“Latham” or “the Company”) (Nasdaq: SWIM), the largest designer, manufacturer and marketer of in-ground residential swimming pools in North America, Australia and New Zealand, today announced that its fiberglass facility in Odessa, Texas was affected by a fire. No employees were present at the time of the incident, and no one was injured. The Odessa location is Latham’s second smallest U.S. fiberglass facility and is solely dedicated to manufacturing in-ground fiberglass pools. The fire primarily impacted the facility’s production area. Existing inventory in the facility was largely unaffected. Production at, and pool deliveries from, the Odessa facility have been paused as Latham works alongside local authorities to investigate the situation and assess...

Month: April 2022

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