Month: April 2022

With 18.3% CAGR, Core Banking Software Market Size worth USD 40.67 Billion in 2029

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

The global core banking software market is forecast to grow rapidly in the coming years, reaching around 40.67 billion USD by 2029. The Worldwide Core Banking Software Market (2022-2029) by Type, Enterprise Size, End-User, Geography, Deployment Mode, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis Pune, India, April 21, 2022 (GLOBE NEWSWIRE) — The core banking software market size was USD 10.80 billion in 2021. The market size is expected to rise from USD 12.51 billion in 2022 to USD 40.67 billion by 2029 at a CAGR of 18.3% during the projected period. The market of core banking software is projected to grow during the forecast period due to rising adoption of latest technologies and cloud-based banking solutions. Fortune Business Insights™ publishes this information in a report titled, “Core Banking...

Heartland Express, Inc. Reports Revenues, Earnings, and Record High Stockholders’ Equity for the First Quarter of 2022

Written by Customer Service on April 21, 2022. Posted in Earnings Releases And Operating Results.

NORTH LIBERTY, Iowa, April 21, 2022 (GLOBE NEWSWIRE) — Heartland Express, Inc. (Nasdaq: HTLD) announced today financial results for the three months ended March 31, 2022. Three months ended March 31, 2022:Net Income of $16.8 million, and Basic Earnings per Share of $0.21 (an increase of 25.3% to 2021), Operating Revenue of $151.3 million, Operating Income of $22.4 million (an increase of 22.5% to 2021), Operating Ratio of 85.2% and 82.4% Non-GAAP Adjusted Operating Ratio(1), Cash Balance of $187.1 million and Total Assets of $947.1 million, Stockholders’ Equity of $742.5 million (All-Time Record), Debt-Free Balance Sheet.Heartland Express Chief Executive Officer Mike Gerdin commented on the quarterly operating results and ongoing initiatives of the Company, “Our operating results for the three months ended March 31,...

Heritage Southeast Bancorporation, Inc. Reports First Quarter 2022 Earnings Up 24% to $3.8 Million, or $0.53 Per Share Relative to Fourth Quarter 2021; Year Over Year Core Loan Growth up 8.5%

Written by Customer Service on April 21, 2022. Posted in Earnings Releases And Operating Results.

JONESBORO, Ga., April 21, 2022 (GLOBE NEWSWIRE) — Heritage Southeast Bancorporation, Inc. (“Company”) (OTCQX: HSBI) today announced first quarter 2022 earnings of $3.8 million, or $0.53 per share compared to $3.1 million, or $0.43 per share in the prior quarter ended December 31, 2021. First quarter earnings reflected lower operating expenses partially offset by lower net interest income and lower non-interest income relative to the prior quarter. Highlights of the Company’s results for the quarter ended March 31, 2022 and status of the VyStar Credit Union acquisition include the following:On March 31, 2022, HSBI, Heritage Southeast Bank and VyStar Credit Union mutually agreed to extend the outside date for consummation of the proposed transaction through June 30, 2022, while permitting either party to terminate the agreement...

Harbor Custom Development, Inc. Announces a Restatement of Diluted Earnings Per Share (EPS)

Written by Customer Service on April 21, 2022. Posted in Earnings Releases And Operating Results.

Gig Harbor, WA, April 21, 2022 (GLOBE NEWSWIRE) — Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) (“Harbor,” “Harbor Custom Homes®,” or the “Company”), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced it will restate its previously issued annual financial statements for the year ended December 31, 2021 and quarterly financial statements for the fourth quarter ended December 31, 2021 and third quarter ended September 30, 2021 to reflect revised diluted earnings per share (“Diluted EPS”) results. The Company identified that the Diluted EPS for the periods referenced above were inaccurate due to an error with the weighting calculation of diluted shares outstanding. These restatements result in non-cash, non-operating financial statement...

Electric Bus Market Size to Hit 544 Thousand Units by 2028 | Exhibit a CAGR of 16.0%

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

According to Fortune Business Insights, the global Electric Bus market size is projected to grow from 192 thousand units in 2021 to 544 thousand units in 2028 at a CAGR of 16.0% during the forecast period; Volvo Buses Introduces Volvo 7900 Electric Articulated at Busworld with a Capacity to Carry 150 Passengers.Electric Bus Market Share Electric Bus Market SharePune, India, April 21, 2022 (GLOBE NEWSWIRE) — The global Electric Bus market size is projected to surpass around 544 Thousand Units by the end of 2028 and is expanding growth at a CAGR of 16.0% from 2021 to 2028. The Electric Bus market size was 170 thousand units in 2020. The global electric bus market is set to gain impetus from the surging fuel costs and higher usage of unrefined petroleum. These have further propelled the adoption of electricity to develop environmentally...

Home BancShares Beats EPS Estimates for First Quarter

Written by Customer Service on April 21, 2022. Posted in Earnings Releases And Operating Results.

CONWAY, Ark., April 21, 2022 (GLOBE NEWSWIRE) — Home BancShares, Inc. (NYSE: HOMB) (“Home” or the “Company”), parent company of Centennial Bank, released quarterly earnings today. Highlights of the First Quarter of 2022:Metric Q1 2022 Q4 2021 Q3 2021 Q2 2021 Q1 2021Net Income $64.9 million $73.4 million $75.0 million $79.1 million $91.6 millionTotal Revenue (net) $161.8 million $171.0 million $173.8 million $172.4 million $193.4 millionIncome before income taxes $84.9 million $93.9 million $98.2 million $104.1 million $120.5 millionPre-tax, pre-provision, net income (PPNR) (non-GAAP)(1) $84.9 million $93.9 million $98.2 million $99.4 million $120.5 millionPre-tax net income to total revenue (net) 52.48% 54.94% 56.50% 60.42% 62.32%P5NR (Pre-tax, pre-provision, profit percentage) (PPNR to total revenue (net))...

DraftKings Publishes 2021 ESG Report

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

Report Highlights Company’s ESG Commitment, Including Funding the Planting of 1 Million Trees, Veterans-Focused Responsible Gaming Research and High-Tech Skills Training BOSTON, April 21, 2022 (GLOBE NEWSWIRE) — DraftKings Inc. (Nasdaq: DKNG), the digital sports entertainment and gaming company created to fuel the competitive spirit of sports fans with products that range across daily fantasy, regulated gaming and digital media, today announced the release of its 2021 Sustainability Report, providing insights into DraftKings’ commitment to environmental, social, and governance (“ESG”) initiatives. DraftKings identified the following key issues that impact its business and its shareholders:Responsible Gaming People & CommunityInclusion, Equity & Belonging Employee Engagement, Wellness & Development Community Involvement...

Applied Materials Technologies Enable 2D Scaling with EUV and 3D Gate-All-Around Transistors

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

The Gate-All-Around transistor inflection Gate-All-Around (GAA) transistors will be one of the chip industry’s biggest design inflections since the introduction of FinFETs in 2010. Innovations in materials engineering provide GAA transistors with improvements in power and performance.Applied extends 2D EUV logic scaling with Stensar™ CVD alternative to spin-on patterning films Previews broadest portfolio of technologies for 3D Gate-All-Around transistors including two new IMS™ systemsSANTA CLARA, Calif., April 21, 2022 (GLOBE NEWSWIRE) — Applied Materials, Inc. today introduced innovations that help customers continue 2D scaling with EUV and detailed the industry’s broadest portfolio of technologies for manufacturing next-generation 3D Gate-All-Around transistors. Chipmakers are pursuing two complementary paths to increase...

DT Midstream to Announce First Quarter 2022 Financial Results, Schedules Earnings Call

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

DETROIT, April 21, 2022 (GLOBE NEWSWIRE) — DT Midstream, Inc. (NYSE: DTM) plans to announce first quarter 2022 financial results before the market opens on Thursday, May 5, 2022. DT Midstream has scheduled a conference call to discuss results for 9 a.m. ET (8 a.m. CT) the same day. Investors, the news media and the public may listen to a live internet broadcast of the call at this link. The participant toll-free telephone dial-in number in the U.S. and Canada is 888.330.2022, and the toll number is 646.960.0690; the passcode is 8347152. International access numbers are available here. The webcast will be archived on the DT Midstream website at investor.dtmidstream.com. About DT Midstream DT Midstream (NYSE: DTM) is an owner, operator and developer of natural gas interstate and intrastate pipelines, storage and gathering systems,...

Arbutus to Report First Quarter 2022 Financial Results and Provide Corporate Update

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

WARMINSTER, Pa., April 21, 2022 (GLOBE NEWSWIRE) — Arbutus Biopharma Corporation (Nasdaq: ABUS), a clinical-stage biopharmaceutical company leveraging its extensive virology expertise to develop novel therapeutics that target specific viral diseases, today announced that it has scheduled its first quarter 2022 financial results and corporate update for Thursday, May 5, 2022. The schedule for the press release and conference call/webcast are as follows:• Q1/2022 Press Release: Thursday, May 5, 2022 at 7:30 a.m. ET• Q1/2022 Conference Call/Webcast: Thursday, May 5, 2022 at 8:45 a.m. ET• Domestic Dial-In Number: (866) 393-1607• International Dial-In Number: (914) 495-8556• Conference ID Number: 6287124A live webcast of the conference call can be accessed through the Investors section of Arbutus’ website at...

Month: April 2022

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals