Day: May 3, 2022

Acquisition of SUNS Expected to Accelerate Portfolio and NII Growth Declares Monthly Distribution of $0.136667 Per Share for May 2022 Announces $50 Million Share Repurchase Program NEW YORK, May 03, 2022 (GLOBE NEWSWIRE) — SLR Investment Corp. (NASDAQ: SLRC) (the “Company” or “SLRC”), today reported net investment income of $13.5 million, or $0.32 per share, for the first quarter of 2022. Excluding one-time expenses relating to the merger with SLR Senior Investment Corp. (“SUNS”), net investment income per average share would have been $0.35 for the quarter ended March 31, 2022. Please see reconciliation table in the discussion of our results of operations for the quarter. At March 31, 2022, net asset value (NAV) was $19.56 per share. Beginning in April 2022, after the closing of the merger with SUNS, SLRC adjusted the timing of...

CHICAGO, May 03, 2022 (GLOBE NEWSWIRE) — Monroe Capital Corporation (Nasdaq: MRCC) (“Monroe”) today announced its financial results for the first quarter ended March 31, 2022. Except where the context suggests otherwise, the terms “Monroe,” “we,” “us,” “our,” and “Company” refer to Monroe Capital Corporation. First Quarter 2022 Financial HighlightsNet Investment Income of $5.4 million, or $0.25 per share Adjusted Net Investment Income (a non-GAAP measure described below) of $5.4 million, or $0.25 per share Net increase in net assets resulting from operations of $0.8 million, or $0.04 per share Net Asset Value (“NAV”) of $244.9 million, or $11.30 per share Paid quarterly dividend of $0.25 per share on March 31, 2022Chief Executive Officer Theodore L. Koenig commented, “We are pleased to report that Adjusted Net Investment Income...

HOUSTON, May 03, 2022 (GLOBE NEWSWIRE) — W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the first quarter 2022. This press release includes non-GAAP financial measures, including Adjusted Net Income, Adjusted EBITDA, Free Cash Flow, and Net Debt, which are described and reconciled to the most comparable GAAP measures below in the accompanying tables under “Non-GAAP Information.” Key highlights for the first quarter 2022 and through the date of this press release included:Increased average daily production by 2% to 37.8 thousand barrels of oil equivalent per day (“MBoe/d”) (49% liquids), or 3.4 million barrels of oil equivalent (“MMBoe”), in the first quarter of 2022 compared to the prior quarter and at the high end of guidance; Reported net loss of $2.5 million...

Company achieves net sales of $5.2 million, reiterates full year net sales outlook of $24.0 to $32.0 million Company delivered ~125% increase in net sales for Q1 ‘22 vs. Q1 ‘21 Farm network expansion to quadruple high-tech facilities this year diversifying produce portfolio MOREHEAD, Ky., May 03, 2022 (GLOBE NEWSWIRE) — AppHarvest, Inc. (NASDAQ: APPH, APPHW), a leading AgTech company, public benefit corporation and Certified B Corp building some of the world’s largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, today announced its operating and financial results for the quarter ending March 31, 2022, achieving its highest net sales quarter to date. “The AppHarvest team delivered on the top priorities for the quarter of ramping up production of the...

MARIETTA, Ga., May 03, 2022 (GLOBE NEWSWIRE) — BlueLinx Holdings Inc. (NYSE: BXC) (“the company”), a leading U.S. wholesale distributor of building products, announced today results for the first quarter 2022. FIRST QUARTER 2022 HIGHLIGHTS(all comparisons are versus the prior year period)Net sales increased $277 million, or 27%, to $1.3 billion Gross margin of 22.3%, up 470 basis points Diluted earnings per share of $13.19, an increase of 110% Adjusted EBITDA of $202 million, up $96 million, or 90% Net Leverage of 0.9x and available liquidity of $421 million Increased share repurchase authorization to $100 million, including $60 million accelerated share repurchase“I’m extremely proud of the BlueLinx team and our continued strong execution which contributed to record first quarter profitability. Once again, we demonstrated...

Dallas, Texas, May 03, 2022 (GLOBE NEWSWIRE) — CompX International Inc. (NYSE American: CIX) announced today sales of $42.1 million for the first quarter of 2022 compared to $35.9 million in the same period of 2021. Operating income was $6.3 million in the first quarter of 2022 compared to $5.8 million in the first quarter of 2021. Net income was $5.0 million, or $.40 per basic and diluted common share, for the first quarter of 2022 compared to $4.7 million, or $.38 per basic and diluted common share, in the same period of 2021. Net sales increased for the quarter primarily due to higher Security Products sales across a variety of markets and to a lesser extent higher Marine Components sales primarily to the towboat market. Operating income increased during the first quarter of 2022 due to the higher sales offset by increased...