Day: May 3, 2022

Great Lakes Reports First Quarter Results

Written by Customer Service on May 3, 2022. Posted in Earnings Releases And Operating Results.

First quarter net income of $11.1 million First quarter adjusted EBITDA of $29.7 million Backlog of $473.5 million at March 31, 2022 HOUSTON, May 03, 2022 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (Nasdaq:GLDD), the largest provider of dredging services in the United States, today reported financial results for the quarter ended March 31, 2022. First Quarter 2022 HighlightsRevenue was $194.3 million in the first quarter Total operating income was $18.8 million in the first quarter Net income was $11.1 million in the first quarter Adjusted EBITDA was $29.7 million in the first quarterManagement Commentary Lasse Petterson, President and Chief Executive Officer commented, “Although we reported solid results in the first quarter of 2022, we did not fully meet our expectations...

IPG Photonics Announces First Quarter 2022 Financial Results

Written by Customer Service on May 3, 2022. Posted in Earnings Releases And Operating Results.

Successful Diversification Across Geographies and Applications Drives Strong Demand, Enhanced by Solid Performance in Electric Vehicle Applications and Emerging Growth Products OXFORD, Mass., May 03, 2022 (GLOBE NEWSWIRE) — IPG Photonics Corporation (NASDAQ: IPGP) today reported financial results for the first quarter ended March 31, 2022. Three Months Ended March 31, (In millions, except per share data and percentages) 2022 2021 ChangeRevenue $ 370.0 $ 345.6 7 %Gross margin 46.4 % 47.5 % Operating income $ 93.1 $ 88.8 5 %Operating margin 25.2 % 25.7 % Net income attributable to IPG Photonics Corporation $ 69.6 $ 68.1 2 %Earnings per diluted share $ 1.31 $ 1.26 4 %Management Comments “We are pleased to report another solid...

Asia Pacific Wire & Cable Corporation Limited Announces Filing of Annual Report on Form 20-F for 2021 and Full Year 2021 Financial Results

Written by Customer Service on May 3, 2022. Posted in Earnings Releases And Operating Results.

TAIPEI, Taiwan, May 03, 2022 (GLOBE NEWSWIRE) — Asia Pacific Wire & Cable Corporation Limited (NASDAQ: APWC) (“APWC” or the “Company”), a leading manufacturer of wire and cable products for the telecommunications and electric-power industries in the Asia-Pacific region, today announced (1) that on April 29, 2022, it filed its annual report on Form 20-F (the “Form 20-F”) for the year ended December 31, 2021 with the U.S. Securities and Exchange Commission; and (2) its financial results for the twelve months ended December 31, 2021. Unless otherwise indicated, all amounts are reported in U.S. Dollars at the exchange rate prevailing on the date of the event or result reported. Annual Report on Form 20-F The Form 20-F can be accessed by visiting either the SEC’s website at www.sec.gov...

ITW Reports First Quarter 2022 Results

Written by Customer Service on May 3, 2022. Posted in Earnings Releases And Operating Results.

Total revenue of $3.9 billion; organic growth of 11% GAAP EPS of $2.11 including $(0.05) of unfavorable foreign currency translation impact Operating margin of 22.7%; 23.4% excluding 70 bps of margin dilution from the acquisition of MTS Raising guidance for GAAP EPS to $9.00 to $9.40 per share and organic revenue growth to 7 to 10%GLENVIEW, Ill., May 03, 2022 (GLOBE NEWSWIRE) — Illinois Tool Works Inc. (NYSE: ITW) today reported its first quarter 2022 results. “In what remains a challenging and dynamic environment, our ITW business teams around the world continue to do an exceptional job of leveraging the performance power of the ITW Business Model and our advantaged supply position to support our customers and execute our ‘Win the Recovery’ strategy to accelerate profitable market penetration and organic growth across our portfolio,”...

Kiniksa Pharmaceuticals Reports First Quarter 2022 Financial Results and Provides Corporate Update

Written by Customer Service on May 3, 2022. Posted in Earnings Releases And Operating Results.

– ARCALYST® (rilonacept) net revenue of $22.2 million in Q1 2022 – – ARCALYST full-year 2022 net revenue expected to be $115 – $130 million – – Cash reserves expected to fund operations into at least 2024 – – Conference call and webcast scheduled for 8:30 am ET today – HAMILTON, Bermuda, May 03, 2022 (GLOBE NEWSWIRE) — Kiniksa Pharmaceuticals, Ltd. (Nasdaq: KNSA) (Kiniksa), a biopharmaceutical company with a portfolio of assets designed to modulate immunological pathways across a spectrum of diseases, today reported first quarter 2022 financial results and provided a corporate update. “With the one-year anniversary of our commercial launch of ARCALYST for recurrent pericarditis, we remain committed to supporting the continued growth in prescriber adoption, patient adherence, and payer coverage,” said Sanj K. Patel, Chairman...

Telecure Technologies Inc. Announces That It Anticipates a Temporary Delay in the Filing of Financial Statements and Application for Management Cease Trade Order

Written by Customer Service on May 3, 2022. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, May 03, 2022 (GLOBE NEWSWIRE) — Telecure Technologies Inc. (“TELE” or the “Company”) (CSE: TELE), announces that it has missed the deadline of May 2, 2022 to file the Company’s audited annual financial statements and management discussion & analysis for the financial years ended December 31, 2021 and 2020, and the CEO and CFO certificates, all as required by National Instrument 51-102 – Continuous Disclosure Obligations and National Instrument 52-109 – Certification of Disclosure in Issuers’ Annual and Interim Filings (collectively, the “Documents”).The delay is due to fact that the Company is having difficulty accessing various documents and ‎information ‎required in order to respond to the auditor-prepared provided by client list. The Company has ‎informed the British Columbia Securities...

HCI Group Declares Quarterly Cash Dividend

Written by Customer Service on May 3, 2022. Posted in Dividend Reports And Estimates.

TAMPA, Fla., May 03, 2022 (GLOBE NEWSWIRE) — The board of directors of HCI Group, Inc. (NYSE:HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, has declared a regular quarterly cash dividend in the amount of 40 cents per common share. The dividend is scheduled to be paid June 17, 2022 to shareholders of record at the close of business May 17, 2022. About HCI Group, Inc.HCI Group, Inc. owns subsidiaries engaged in diverse, yet complementary business activities, including homeowners insurance, information technology services, real estate, and reinsurance. HCI’s leading insurance operation, TypTap Insurance Company, is a rapidly growing, technology-driven insurance company that is expanding nationwide to provide homeowners and flood insurance. TypTap’s operations...

CNH Industrial 2022 First Quarter Results

Written by Customer Service on May 3, 2022. Posted in Public Companies.

2022 FIRST QUARTER RESULTS CNH Industrial reports solid first quarter performance: Consolidated revenues of $4.6 billion, (up 13.4% compared to Q1 2021 for continuing operations) Net income of $336 million, Adjusted Net Income of $378 million, with adjusted diluted EPS of $0.28, and Adjusted EBIT of Industrial Activities of $429 million (up $36 million compared to Q1 2021). Seasonal free cash flow absorption of $1,059 million (Industrial Activities) amid continued supply chain disruptions. Financial results presented under U.S. GAAP “In our first quarter as a pure play agricultural and construction equipment business, the CNH Industrial team delivered a solid performance that demonstrates the potential of a focused, customer-centric company. With redoubled commitment to customer-inspired innovation, diligent operational execution, and...

Fortran Corporation Announces Audited Financial Filings

Written by Customer Service on May 3, 2022. Posted in Earnings Releases And Operating Results.

Fortran Announces Filing of its 2021 Audited Annual Financial Statements CONOVER, NC, May 03, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Fortran Corporation (OTC: FRTN), an emerging telecommunications technology systems integrator, is pleased to announce that it has filed its audited annual financial statements with the OTC Markets Group Inc. for the financial years ended December 31, 2021 and 2020. Full Year 2021 Operational and Other Financial Highlights Revenues were $1,243,000.00. Gross profit for 2021 was 28.8%; Loss from operations in 2021 decreased by 39% from 2020. Total net loss in 2021 decreased by 41% from 2020. Loss per share for 2021 decreased to (.03) per share. OUTLOOK: “We believe our financial results for 2021 were a significant improvement compared to the previous 12 months of 2020. We believe Fortran is...

Hillman Reports First Quarter 2022 Results

Written by Customer Service on May 3, 2022. Posted in Earnings Releases And Operating Results.

CINCINNATI, May 03, 2022 (GLOBE NEWSWIRE) — Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”), a leading provider of hardware products and merchandising solutions, reported financial results for the thirteen weeks ended March 26, 2022. First Quarter 2022 HighlightsNet sales for the first quarter of 2022 increased to $363.0 million compared to $341.3 million in the prior year quarter. Net loss for the first quarter of 2022 totaled $(1.9) million, or $(0.01) per diluted share, compared to $(9.0) million, or $(0.10) per diluted share, in the prior year quarter. Adjusted diluted EPS1 for the first quarter of 2022 were $0.09 per diluted share compared to $0.16 per diluted share in the prior year quarter. Adjusted EBITDA1 for the first quarter of 2022 totaled $44.0 million compared to $47.8 million in the prior year...

Day: May 3, 2022

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