Day: May 9, 2022

NEW YORK, May 09, 2022 (GLOBE NEWSWIRE) — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our third quarter ended March 31, 2022. FINANCIAL RESULTSAll amounts in $000’s except per share amounts (on weighted average basis for period numbers) Quarter Ended Quarter Ended Quarter EndedMarch 31, 2022 December 31, 2021 March 31, 2021       Net Investment Income (“NII”) $87,005 $85,557 $73,402Basic NII per Common Share(1) $0.22 $0.22 $0.19Interest as % of Total Investment Income 78.5% 81.1% 87.5%       Net Income Applicable to Common Stockholders $157,157 $246,411 $246,008Basic Net Income per Common Share(2) $0.40 $0.63 $0.64       Distributions to Common Shareholders $70,439 $70,240 $69,603Distributions per Common Share $0.18 $0.18 $0.18       Since...

VANCOUVER, British Columbia, May 09, 2022 (GLOBE NEWSWIRE) — Finning International Inc. (TSX: FTT) (“Finning”, “the Company”, “we”, “our” or “us”) reported first quarter 2022 results today. All monetary amounts are in Canadian dollars unless otherwise stated. HIGHLIGHTSAll comparisons are to Q1 2021 results unless indicated otherwise.Q1 2022 EPS (1) was $0.59 per share, representing a 68% increase from Q1 2021 Adjusted EPS (2)(4) of $0.35 per share, and a 37% increase from Q1 2021 Basic EPS of $0.43 per share. Over the last four quarters, we generated EPS of $2.42 per share. Q1 2022 revenue of $2.0 billion and net revenue (2) of $1.7 billion were up 22% and 18%, respectively, from Q1 2021, driven by increased market activity in all operations and strong execution of our product support growth strategy. All regions demonstrated...

NEW YORK, May 09, 2022 (GLOBE NEWSWIRE) — Ponce Financial Group, Inc., as the successor by merger with PDL Community Bancorp (the “Company”) (NASDAQ: PDLB), the holding company for Ponce Bank (the “Bank”), reported a net loss of ($6.8 million), or ($0.31) per basic and diluted share, for the first quarter of 2022, compared to net income of $15.0 million, or $0.90 per basic and $0.89 per diluted share, for the prior quarter and net income of $2.5 million, or $0.15 per basic and diluted share, for the first quarter of 2021. First Quarter HighlightsNet interest income of $17.3 million for the first quarter increased $556,000, or 3.3%, from the prior quarter and $4.4 million, or 34.5%, from the same quarter last year. Loss before taxes was ($9.8 million) for the first quarter of 2022 as compared to income before taxes of $19.2 million...

Amounts in $CAD unless otherwise notedElement generated $0.21 EPS, $0.24 adjusted EPS and $0.29 FCF per share in Q1 The Company raised full-year 2022 results guidance, indicating net revenue will grow 4-6%, AOI 4.5-7.5%, adjusted EPS 9-14% and FCF per share 10-15% from full-year 2021 results Q1 net revenue grew 4.9% from Q1 last year and 6.2% from last quarter The Company’s scalable operating platform magnified net revenue growth into pre-tax income growth of 15.1% and AOI growth of 16.6% from last quarter, expanding pre-tax income margin 370 bps to 48.1% and operating margin 485 bps to 54.8% Capital-light services revenue grew 15.2% from Q1 last year and 6.6% from last quarter. Syndication revenue was $13.8 million for Q1. Services revenue growth and syndication combined to improve Q1 return on common equity 250 bps to 10.5% and...

HAMILTON, BERMUDA, May 9, 2022 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced its results for the quarter ended March 31, 2022. The full report is available here and in the below attachment. About DHT Holdings, Inc. DHT is an independent crude oil tanker company. Our fleet trades internationally and consists of crude oil tankers in the VLCC segment. We operate through our integrated management companies in Monaco, Norway and Singapore. You may recognize us by our renowned business approach as an experienced organization with focus on first rate operations and customer service; our quality ships; our prudent capital structure that promotes staying power through the business cycles; our combination of market exposure and fixed income contracts for our fleet; our counter cyclical philosophy with respect to investments,...

Phase 1/2 trial of OP-1250 continues to enroll patients in the dose expansion stage, with selection of Recommended Phase 2 Dose expected in Q2 2022 Phase 1b combination study with palbociclib ongoing; Additional combination trials with CDK4/6 and PI3Kα inhibitors planned to initiate in 2H 2022 Company expects to present updated monotherapy and initial combination data in 2022 Strong cash, cash equivalents, and marketable securities of $267.9 million as of March 31, 2022, sufficient to fund operations into 2024SAN FRANCISCO, May 09, 2022 (GLOBE NEWSWIRE) — Olema Pharmaceuticals, Inc. (“Olema” or “Olema Oncology,” Nasdaq: OLMA), a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of targeted therapies for women’s cancers, today reported first quarter financial results for the...

– Cash, cash equivalents and marketable securities totaled $192.1 million as of March 31, 2022, with projected cash runway into the second half of 2023 – – Meetings with regulatory agencies for STRO-002 are planned for mid-year 2022 and near-final dose expansion data are expected in the second half of 2022 –   – First patient was dosed in the STRO-002 bevacizumab combination trial and the endometrial cohort continues to enroll patients – SOUTH SAN FRANCISCO, Calif., May 09, 2022 (GLOBE NEWSWIRE) — Sutro Biopharma, Inc. (“Sutro” or the “Company”) (NASDAQ: STRO), a clinical-stage drug discovery, development and manufacturing company focused on the application of precise protein engineering and rational design to create next-generation cancer therapeutics, today reported its financial results for...

Software revenue up 71%, total revenue up 73% year-over-year DENVER, May 09, 2022 (GLOBE NEWSWIRE) — Akerna (Nasdaq: KERN), a leading enterprise software company and developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engines powering the global cannabis industry, today reported its unaudited financial results for the quarter ended March 31, 2022. “As demand for Akerna’s platforms from cannabis operators, regulators, and brands continues to widen, we are pleased to report 73% year over year total revenue growth for the first quarter of 2022,” said Jessica Billingsley, CEO of Akerna. “Since our inception, we have strategically evolved our ecosystem alongside industry requirements to ensure our enterprise business could scale. As a result, our Committed Annual Recurring Revenue...

MALVERN, Pa., May 09, 2022 (GLOBE NEWSWIRE) — Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement sensing technologies, today announced its results for its fiscal 2022 first quarter ended April 2, 2022. First Fiscal Quarter Highlights:Revenues of $87.7 million increased 24.2% from a year ago. Gross profit margin was 40.2%, as compared to 40.5% reported a year ago. Adjusted gross profit margin* was 41.0%, as compared to 40.5% reported a year ago. Operating margin was 9.5%, as compared to 9.1% reported a year ago. Adjusted operating margin* was 10.5%, as compared to 8.7% reported a year ago. Diluted net earnings per share of $0.46 compared to $0.36 reported a year ago. Adjusted diluted net earnings per share* of $0.49 compared to $0.31 reported a year ago. EBITDA* was $12.2 million with an EBITDA margin*...