Day: May 2, 2022
(Dollar amounts are in thousands unless otherwise specified)
GUELPH, Ontario, May 02, 2022 (GLOBE NEWSWIRE) — Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A), a leading manufacturer of dry-type and cast resin transformers and related magnetics, today announced its financial results for the first quarter 2022.
HIGHLIGHTS (First quarter 2022 compared to first quarter 2021)Sales increased 60% to a record $128 million
Net Earnings of $8,569, exceeding the first quarter of 2021 by $6,271
Earnings per share increased to $0.72, compared with $0.19 in Q1 2021
Order backlog increased 92%“The diversification of geography, channels, markets and products – an important differentiator for HPS – has our business firing on all cylinders. We are seeing record booking rates in both the U.S. and Canada, along with very exciting...
AMG Reports Financial and Operating Results for the First Quarter of 2022
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Company reports EPS of $3.44, Economic EPS of $4.65 in first quarter
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Affiliate BPEA to enter into strategic combination with EQT, marking a successful outcome for AMG’s partnership>
Closed additional investment in Systematica Investments, one of the leading independent technology-driven managers globally>
Net Income (controlling interest) of $146 million, Economic Net Income of $190 million>
Adjusted EBITDA of $255 million and EEPS of $4.65 grew 3% and 9% year-over-year, respectively>
Demonstrated commitment to capital return, with $185 million in share repurchases
WEST PALM BEACH, Fla., May 02, 2022 (GLOBE NEWSWIRE) — Affiliated Managers Group, Inc. (NYSE: AMG) today reported its financial and operating results for the first quarter of 2022.
Jay C. Horgen, President and Chief Executive Officer...
Qutoutiao Inc. Reports Fourth Quarter and Fiscal Year 2021 Unaudited Financial Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
SHANGHAI, China, May 02, 2022 (GLOBE NEWSWIRE) — Qutoutiao Inc. (“Qutoutiao”, the “Company” or “We”, and together with its subsidiaries and controlled affiliated entities, the “Group”) (NASDAQ: QTT), a leading operator of mobile content platforms in China, today announced its unaudited financial results in the fourth quarter and fiscal year ended December 31, 2021.
Fourth Quarter 2021 HighlightsNet revenues was RMB881.1 million (US$138.3 million), representing a decrease of 32.3% from RMB1,302.4 million in the fourth quarter of 2020, and a decrease of 8.7% quarter-over-quarter from RMB965.5 million in the third quarter of 2021.
Net loss was RMB298.0 million (US$46.8 million), compared to net loss of RMB81.8 million in the fourth quarter of 2020 and net loss of RMB583.6 million in the third quarter of 2021. Net loss margin was...
MariMed Announces Participation In Upcoming Conferences and Events
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NORWOOD, Mass., May 02, 2022 (GLOBE NEWSWIRE) — MariMed, Inc. (OTCQX: MRMD) (“MariMed” or the “Company”), a leading multi-state cannabis operator focused on improving lives every day, today announced its participation in the following upcoming conferences:Canaccord Genuity Virtual Cannabis Conference: Senior Management will host one-on-one investor meetings on May 11th at Canaccord’s Virtual Cannabis Conference.Wolfe Research Virtual Consumer Conference: Senior management will participate in a fireside chat moderated by Wolfe Research Cannabis Analyst, Spencer Hanus on May 13th. Company management will also host one-on-one investor meetings.Jefferies Cannabis Summit: Senior management will participate in a fireside chat with the Jefferies Cannabis Analyst, Owen Bennett, in New York, NY, on June 2nd Company management will...
Saia Reports Record First Quarter Results
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JOHNS CREEK, Ga., May 02, 2022 (GLOBE NEWSWIRE) — Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, today reported first quarter 2022 financial results. Diluted earnings per share in the quarter were $2.98 compared to $1.40 in the first quarter of 2021.
Highlights from the first quarter operating results were as follows:
First Quarter 2022 Compared to First Quarter 2021 ResultsRevenue was $661.2 million, a 36.6% increase
Operating income was $103.4 million, a 112.4% increase
Operating ratio of 84.4 compared to 89.9
LTL shipments per workday increased 5.7%
LTL tonnage per workday increased 9.5%
LTL revenue per hundredweight increased 21.4%
LTL revenue per shipment rose 25.7% to $329.30“First quarter results include...
Intellia Therapeutics Presents Preclinical Data Demonstrating Advancements in its CRISPR-Engineered Allogeneic Platform at the 2022 Keystone Symposia’s Precision Genome Engineering Conference
Written by Customer Service on . Posted in Public Companies.
Data highlight proprietary allogeneic cell engineering platform capable of creating immune-evading T cells and deployable for TCR-T and CAR-T cell therapy
Findings support recent development candidate initiation of NTLA-6001, an investigational allogeneic CAR-T therapy, for the treatment of CD30-expressing hematologic cancersCAMBRIDGE, Mass., May 02, 2022 (GLOBE NEWSWIRE) — Intellia Therapeutics, Inc. (NASDAQ:NTLA), a leading genome editing company focused on developing potentially curative therapies leveraging CRISPR-based technologies, today announced the presentation of new preclinical data from its differentiated allogeneic cell engineering platform at Keystone Symposia’s Precision Genome Engineering Conference, taking place April 27 – May 1, 2022, in Keystone, Colorado. The data presented support the development of NTLA-6001,...
Columbia Financial, Inc. Announces Completion of RSI Bank Acquisition
Written by Customer Service on . Posted in Public Companies.
FAIR LAWN, N.J., May 02, 2022 (GLOBE NEWSWIRE) — Columbia Bank MHC, Columbia Financial, Inc. (NASDAQ: CLBK) and Columbia Bank (collectively, “Columbia”) announced today that Columbia has completed its acquisition of RSI Bancorp, M.H.C., RSI Bancorp, Inc. and RSI Bank (collectively, “RSI”), effective as of May 1, 2022.
At the effective time of the merger, RSI Bank was merged with and into Columbia Bank and depositors of RSI Bank became depositors of Columbia Bank, with the same rights and privileges in Columbia Bank MHC as if their accounts had been established in Columbia Bank on the date established at RSI Bank. In addition, as part of the transaction, the Company issued 6,086,314 shares of its common stock to Columbia Bank MHC.
In connection with the transaction, RSI Bank also made a $5.0 million charitable contribution to a...
Akero Therapeutics to Present at Upcoming Healthcare Conferences in May
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SOUTH SAN FRANCISCO, May 02, 2022 (GLOBE NEWSWIRE) — Akero Therapeutics, Inc. (Nasdaq: AKRO), a clinical-stage company developing transformational treatments for patients with serious metabolic diseases marked by high unmet medical need, today announced that management will participate in the following investor conferences this month:BofA Securities 2022 Healthcare Conference: Fireside chat on Wednesday, May 11 at 8:40 a.m. PT. in Las Vegas, Nevada.
H.C. Wainwright Annual Global Life Sciences Conference: Fireside chat available for on-demand viewing on Tuesday, May 24 at 7:00 a.m. ET.Webcasts of each Company presentation will be available through the investor relations section of the Company’s website at www.akerotx.com. Following the webcasts, archived replays will be available on the Company’s website.
About Akero...
Pieridae to Hold Conference Call and Webcast to Discuss First Quarter 2022 Results
Written by Customer Service on . Posted in Public Companies.
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CALGARY, Alberta, May 02, 2022 (GLOBE NEWSWIRE) — Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.TO) will release its first quarter 2022 results on Thursday, May 12, 2022 prior to markets opening.
Chief Executive Officer Alfred Sorensen, President and Chief Operating Officer Darcy Reding and Chief Financial Officer Adam Gray will discuss the financial results, Company developments and forward-looking strategy at 8:30 a.m. (MDT) /10:30 a.m. (EDT).
Members of the investment community, shareholders and other interested parties are invited to participate by calling toll-free 1-877-800-8195, or international dial in 1-615-622-8082. Please dial in 10 minutes prior to the start of the call. No pass code is required. A live webcast of...
iSpecimen to Report First Quarter 2022 Results on May 10, 2022
Written by Customer Service on . Posted in Public Companies.
LEXINGTON, Mass., May 02, 2022 (GLOBE NEWSWIRE) — iSpecimen Inc. (Nasdaq: ISPC) (“iSpecimen” or the “Company”), a global, online marketplace that connects scientists in need of biospecimens for medical research with a network of healthcare providers who have them, today announced that it will report its financial results for the first quarter ended March 31, 2022, before the markets open on Tuesday, May 10, 2022.
The Company will host a conference call and audio webcast that morning at 8:30 a.m. Eastern Time featuring remarks by Christopher Ianelli, MD, PhD, CEO and President, Tracy Curley, CFO and Treasurer, and Jill Mullan, COO and Secretary.Event:
iSpecimen First Quarter 2022 Results Conference CallDate:
Tuesday, May 10, 2022Time:
8:30 a.m. Eastern TimeLive Call:
+1-800-954-0654 (U.S. Toll Free) or +1-212-231-2933...