Day: May 2, 2022

Tri Cascade’s 5G Module Has Been Certified by T-Mobile-USA

Written by Customer Service on May 2, 2022. Posted in Public Companies.

Tri Cascade’s 5G Module is now available for operation on T-Mobile’s 5G NR and LTE Network IRVINE, Calif., May 02, 2022 (GLOBE NEWSWIRE) — Saddle Ranch Media Inc.’s (OTCMKTS: SRMX) subsidiary, Tri Cascade, Inc., announced today that its 5G New Radio (NR) module, the TRITOM SG500M2-X, has received T-Mobile Technical Acceptance (TA) and has been certified by T-Mobile for operation on T-Mobile’s 5G NR and LTE network in the United States. Tri Cascade’s TRITOM SG500M2-X is a 5G module designed with M.2 form factor, which especially optimizes eMBB & IoT applications. Based on Qualcomm’s commercial 5G platform, TRITOM SG500M2-X supports both 5G Non-Standalone (NSA) or Standalone (SA) network architectures and has fully passed T-Mobile’s tests. Soon, it will be able to fully support Citizens...

Alexander’s Announces First Quarter Financial Results

Written by Customer Service on May 2, 2022. Posted in Earnings Releases And Operating Results.

PARAMUS, N.J., May 02, 2022 (GLOBE NEWSWIRE) — ALEXANDER’S, INC. (New York Stock Exchange: ALX) filed its Form 10-Q for the quarter ended March 31, 2022 today and reported: Net income for the quarter ended March 31, 2022 was $14.5 million, or $2.84 per diluted share, compared to $17.9 million, or $3.49 per diluted share for the quarter ended March 31, 2021. Funds from operations (“FFO”) (non-GAAP) for the quarter ended March 31, 2022 was $21.8 million, or $4.25 per diluted share, compared to $25.8 million, or $5.03 per diluted share for the quarter ended March 31, 2021. Alexander’s, Inc. is a real estate investment trust which has six properties in the New York City metropolitan area. CONTACT: GARY HANSEN(201) 587-8541 Certain statements contained herein may constitute “forward-looking statements” within the meaning...

FEMSA Announces 1Q22 Financial Results

Written by Customer Service on May 2, 2022. Posted in Earnings Releases And Operating Results.

MONTERREY, Mexico, May 02, 2022 (GLOBE NEWSWIRE) — Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today its operational and financial results for the first quarter of 2022.FEMSA’s Total Consolidated Revenues grew 18.6% against 1Q21, and 27.3% against 1Q19. Proximity EBITDA margin expanded 130 basis points year-on-year to reach 13.3%, 130 bps above the 1Q20 pre-COVID-19 margin and the highest-ever for a first quarter. Health EBITDA margin increased 150 bps compared to 1Q21 to reach 10.7%, also a record for a first quarter. Logistics and Distribution achieved 12.2% organic1 total revenue growth compared to 1Q21. Spin by OXXO reached 2.0 million users (over 63% active2), while OXXO Premia surpassed 8.5 million loyalty users (over 65% active2), and a 6% tender3. Coca-Cola FEMSA’s...

Hammond Power Solutions Increases Quarterly Dividend

Written by Customer Service on May 2, 2022. Posted in Dividend Reports And Estimates.

GUELPH, Ontario, May 02, 2022 (GLOBE NEWSWIRE) — (TSX: HPS.A) The Board of Directors of Hammond Power Solutions Inc. (“HPS”) declared a quarterly cash dividend of ten cents ($0.10) per Class A Subordinate Voting Share of HPS and a quarterly cash dividend of ten cents ($0.10) per Class B Common Share of HPS payable on June 28th, to shareholders of record at the close of business on June 21, 2022. The ex-dividend date is June 20, 2022. Important Income-Tax Information for Canadian Resident Shareholders HPS designates the entire amount of this taxable dividend to be an “eligible dividend” for purposes of the Income Tax Act (Canada), as amended from time to time. This notice meets the requirements of the Income Tax Act (Canada). Please contact your tax advisor if you have any questions with regard to the designation of the eligible...

BIGG Digital Assets Inc. Reports Audited Financial Results For 2021

Written by Customer Service on May 2, 2022. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, May 02, 2022 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or the “Company”)(CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), owner of Netcoins (Netcoins.ca) (“Netcoins”), the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell, and understand cryptocurrency, and Blockchain Intelligence Group (blockchaingroup.io) (“BIG”), a leading developer of blockchain technology search, risk-scoring and data analytics solutions, is pleased to report its fiscal 2021 financial results. All figures are in Canadian Dollars (CAD) unless otherwise stated. 2021 Highlights:Gross operating revenue of $14.1M (up 461% Year-over-Year (YoY)), with $12.5M for Netcoins (up 712% YoY) and $1.6M for Blockchain Intelligence Group (up 64% YoY) Netcoins Q4 revenue was $2.78M representing...

Capital Power reports strong first quarter results

Written by Customer Service on May 2, 2022. Posted in Earnings Releases And Operating Results.

2022 financial results expected to meet or exceed upper ends of guidance ranges EDMONTON, Alberta, May 02, 2022 (GLOBE NEWSWIRE) — Capital Power Corporation (TSX: CPX) today released financial results for the quarter ended March 31, 2022. Financial highlightsGenerated net cash flows from operating activities of $415 million and adjusted funds from operations (AFFO) of $200 million in the first quarter of 2022 Generated net income of $119 million and adjusted EBITDA of $348 million in the first quarter of 2022 Forecast is on track to generate AFFO and Adjusted EBITDA that meet or exceed the upper ends of the annual guidance ranges for 2022Strategic highlightsCompleted Strathmore Solar on-schedule with 100% of the renewable energy and associated renewable energy credits under a 25-year power purchase agreement Executed a 10-year...

EMCORE Announces Closing of the Acquisition of the L3Harris Space and Navigation Business for $5 Million

Written by Customer Service on May 2, 2022. Posted in Mergers And Acquisitions.

ALHAMBRA, CA, May 02, 2022 (GLOBE NEWSWIRE) — EMCORE Corporation (Nasdaq: EMKR), a leading provider of advanced mixed-signal products that serve the aerospace & defense, communications, and sensing markets, announced today that it has completed the acquisition of the L3Harris (NYSE: LHX) Space and Navigation business for approximately $5 million in an all-cash transaction, subject to any net working capital adjustments. The acquisition provides an immediate contribution of additional scale in this market and expands EMCORE’s inertial navigation product portfolio and addressable market with the addition of navigation and strategic grade gyro and inertial measurement unit products. EMCORE acquired all outstanding assets and liabilities of the L3Harris Space and Navigation business, including all L3Harris intellectual property...

Converge Technology Solutions Corp. Completes Acquisition of Interdynamix Systems

Written by Customer Service on May 2, 2022. Posted in Mergers And Acquisitions.

TORONTO and GATINEAU, Québec, May 02, 2022 (GLOBE NEWSWIRE) — Converge Technology Solutions Corp. (“Converge” or “the Company”) (TSX:CTS) (FSE:0ZB) (OTCQX:CTSDF) a software-enabled IT & Cloud Solutions provider, is pleased to announce the closing of its previously signed acquisition of IDX Systems Corp. (“Interdynamix”). Converge announced the signing of the acquisition of Interdynamix on March 28, 2022. Interdynamix was founded in 1995 with the goal of filling a substantial gap in the technology industry for elite engineering resources. The organization is known in the IT industry as a world leader in solving business problems with innovative solutions and services, ranging from cloud computing and infrastructure to open-source consulting. Home to IDX Labs, Interdynamix also offers functional, technical, and performance testing...

Friedman Industries, Incorporated Expands With Major Acquisition of Plateplus, Inc. Operations

Written by Customer Service on May 2, 2022. Posted in Mergers And Acquisitions.

LONGVIEW, Texas, May 02, 2022 (GLOBE NEWSWIRE) — Friedman Industries, Incorporated (“Friedman”) (NYSE American: FRD), a Texas-based company engaged in steel processing and distribution as well as pipe manufacturing through its division Texas Tubular Products, announced today that it has acquired two high-quality, strategically located facilities from Plateplus, Inc. (“Plateplus”), positioning Friedman as a leading North American steel service center with an expanded geographic presence, scale and processing capabilities. In addition to the facilities acquired, Friedman also purchased the steel inventory and customer relationships at two additional Plateplus locations. The parties executed an agreement related to the transaction on April 26, 2022 and closed the transaction effective at the end of business on April 30, 2022. Friedman...

Voxtur Announces Record Results for Q4 and Year Ended December 31, 2021

Written by Customer Service on May 2, 2022. Posted in Earnings Releases And Operating Results.

Q4 2021 and FY 2021 HighlightsRevenue increased 57% quarter-over-quarter and 368% year-over-year Gross Profit increased 33% quarter-over-quarter and 300% year-over-year 91% of Revenue for FY 2021 was derived from U.S. Operations – up from 63% for FY 2020 Voxtur closed the acquisition of Benutech in Q4 2021TORONTO and TAMPA, Fla., May 02, 2022 (GLOBE NEWSWIRE) — Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) (“Voxtur” or the “Company”), a North American technology company creating a more transparent and accessible real estate lending ecosystem, today announced its financial results for Q4 and FY 2021. The Company’s Audited Consolidated Financial Statements for the year ended December 31, 2021, and the related Management’s Discussion and Analysis (“MD&A”)...

Day: May 2, 2022

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