Battalion Oil Corporation Announces First Quarter 2022 Financial and Operating Results

Written by Customer Service on May 9, 2022. Posted in Earnings Releases And Operating Results.

HOUSTON, May 09, 2022 (GLOBE NEWSWIRE) — Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced financial and operating results for the first quarter 2022. Key Highlights Meeting or exceeding performance targets on drilling and completion activities year to date Mitigating cost increases and material shortages through increased operational and capital efficiencies Continued robust commodity pricing offering opportunity to layer on new hedges at attractive prices Ample liquidity to execute on 2022 capital program Recently began flowing back on first wells of 2022 capital program Management Comments Richard Little, the Company’s CEO, commented, “As we entered 2022, our goal was clear: ramp up activity and drive significant growth in daily production and cash flow while remaining committed...

Asure Announces First Quarter 2022 Financial Results

Written by Customer Service on May 9, 2022. Posted in Earnings Releases And Operating Results.

AUSTIN, Texas, May 09, 2022 (GLOBE NEWSWIRE) — Asure Software, Inc. (Nasdaq: ASUR), a leading provider of cloud-based Human Capital Management (“HCM”) software solutions, reported results for the three months ended March 31, 2022. “I am very pleased with the way our business performed in the first quarter as we delivered solid execution of our 2022 business plan,” said Chairman and CEO, Pat Goepel. “In the quarter, we continued to build sales and operating momentum, and we showed meaningful progress in key business areas. These achievements enabled us to deliver 23% annual growth in revenues and 18% annual growth in non-GAAP EBITDA in the first quarter.” “This year is proving very productive for us and we have already delivered numerous meaningful achievements. These include launching of several innovative initiatives, such as...

Advanced Emissions Solutions Reports First Quarter 2022 Results

Written by Customer Service on May 9, 2022. Posted in Earnings Releases And Operating Results.

Consumables revenue growth of 42% compared to the prior year, production volume at Red River plant above expectations GREENWOOD VILLAGE, Colo., May 09, 2022 (GLOBE NEWSWIRE) — Advanced Emissions Solutions, Inc. (NASDAQ: ADES) (the “Company” or “ADES”) today filed its Quarterly Report on Form 10-Q and reported financial results for the quarter ended March 31, 2022, including information about its equity investments in Tinuum Group, LLC (“Tinuum Group”) and Tinuum Services, LLC (“Tinuum Services”) (collectively “Tinuum”), of which ADES owns 42.5% and 50%, respectively. First Quarter Highlights Production volume of activated carbon products at our Red River plant exceeded internal expectations. First quarter consumables revenue was $26.4 million compared to $18.5 million...

Willis Lease Finance Corporation Reports First Quarter Pre-tax Loss of $27.7 Million

Written by Customer Service on May 9, 2022. Posted in Earnings Releases And Operating Results.

COCONUT CREEK, Fla., May 09, 2022 (GLOBE NEWSWIRE) — Willis Lease Finance Corporation (NASDAQ: WLFC) today reported first quarter total revenues of $68.8 million. For the three months ended March 31, 2022, aggregate lease rent and maintenance reserve revenues were $53.0 million and spare parts and equipment sales were $6.6 million. The Company reported increased total revenues in the first quarter when compared to the prior year period, primarily due to an increase in lease rent revenue and short-term maintenance revenue. Quarterly performance was negatively impacted by the effects of the Russian military action in Ukraine and related sanctions. In the first quarter, the Company recorded a $20.4 million impairment on two engines located in Russia, which are expected to be unrecoverable, and wrote down $0.9 million of receivables...

Merus Announces Financial Results for the First Quarter 2022 and Provides Business Update

Written by Customer Service on May 9, 2022. Posted in Earnings Releases And Operating Results.

– Zenocutuzumab clinical abstract selected for oral presentation at the 2022 American Society of Clinical Oncology (ASCO) Annual Meeting– Company to host investor call on Sunday, June 5 at 6:00 p.m. CT– Clinical data update of petosemtamab (Peto) and MCLA-129 planned for second half of 2022 UTRECHT, The Netherlands and CAMBRIDGE, Mass., May 09, 2022 (GLOBE NEWSWIRE) — Merus N.V. (Nasdaq: MRUS) (“Merus”, the “Company,” “we”, or “our”), a clinical-stage oncology company developing innovative, full-length multispecific antibodies (Biclonics® and Triclonics®), today announced financial results for the first quarter that ended March 31, 2022, and provided a business update. “We continue to be encouraged by the ongoing trial of Zeno in patients with NRG1 fusion cancer and we are excited to be presenting a robust clinical...

FutureFuel Releases First Quarter 2022 Results

Written by Customer Service on May 9, 2022. Posted in Dividend Reports And Estimates.

FutureFuel First Quarter Net Loss of $12.4 Million Reports Net Loss of $12.4 Million or $0.28 per Diluted Share, and Adjusted EBITDA of $2.1 Million CLAYTON, Mo., May 09, 2022 (GLOBE NEWSWIRE) — FutureFuel Corp. (NYSE:FF) (“FutureFuel”), a manufacturer of custom and performance chemicals and biofuels, today announced financial results for the first quarter ended March 31, 2022. First quarter 2022 Financial Highlights (all comparisons are with the first quarter of 2021) Revenues were $42.3 million, up 2% from $41.5 million Adjusted EBITDA was $2.1 million, up from ($7.8) million Net loss was $12.4 million, or $0.28 per diluted share, down from net losses of $8.8 million, or $0.20 per diluted share. “The first quarter of 2022 has been strong from an operational perspective, as compared to the disruption we experienced at the hands...

Microchip Technology Declares Quarterly Cash Dividend Increase to 27.6 Cents Per Share

Written by Customer Service on May 9, 2022. Posted in Dividend Reports And Estimates.

CHANDLER, Ariz., May 09, 2022 (GLOBE NEWSWIRE) — (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that its Board of Directors declared a quarterly cash dividend on its common stock of 27.6 cents per share. The dividend is payable on June 3, 2022, to stockholders of record on May 20, 2022. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased its dividend 70 times since its inception. “Microchip’s financial performance in the March 2022 quarter was very strong, resulting in solid cash generation and significant debt reduction,” said Steve Sanghi, Executive Chair. “Today, our Board of Directors approved a sequential increase in our dividend of 9.1% to 27.6 cents per share, up...

Dresner Partners Advised Vic West Brands in Its Sale to VCM Products

Written by Customer Service on May 9, 2022. Posted in Mergers And Acquisitions.

CHICAGO, May 09, 2022 (GLOBE NEWSWIRE) — Dresner Partners, a leading FINRA-registered, middle-market investment bank and Mergers Alliance member firm, is pleased to announce that it advised Vic West Brands, creator of Grandpa Gus’s™ Natural Pest Control Products, in its sale to VCM Products, LLC (VCM), owner of BuggyBeds® and EcoBuggy® brands. Vic West Brands founder, Nick Olynyk, will remain part of the executive management team, overseeing the company’s e-commerce strategy and growth plans. Financial terms of the deal were not disclosed. Founded in 2013 and headquartered in Austin, Texas, Vic West Brands is a leading direct-to-consumer online pest control manufacturer. The company specializes in the creation and innovation of plant-based pest solutions and sells across all retail channels in multiple countries. The company...

UFP Industries acquires Cedar Poly LLC, adding plastic recycling to its retail operations

Written by Customer Service on May 9, 2022. Posted in Mergers And Acquisitions.

GRAND RAPIDS, Mich., May 09, 2022 (GLOBE NEWSWIRE) — UFP Industries (Nasdaq: UFPI) today announced that its affiliate, Deckorators, Inc., acquired Cedar Poly LLC, for $17 million. The purchase price includes incentive payments of up to $1.5 million over three years if Cedar Poly meets certain performance goals. Founded in 2007 and based in Tipton, Iowa, Cedar Poly is a full-service recycler of high-density and low-density polyethylene (HDPE and LDPE) flakes and pellets used in various products, including composite decking. The company also recycles corrugate and operates its own transportation fleet. Cedar Poly had 2021 sales of approximately $17.3 million and will operate in UFP’s Deckorators business unit. The company’s management team, including vice presidents Scott and Jeremy Rogers, will continue in management roles. “Cedar...

BALTIC HORIZON FUND CONSOLIDATED UNAUDITED RESULTS FOR Q1 2022

Written by Customer Service on May 9, 2022. Posted in Earnings Releases And Operating Results.

Management Board of Northern Horizon Capital AS has approved the unaudited consolidated interim financial statements of Baltic Horizon Fund (the Fund) for the three months of 2022. Distributions to unitholders for Q1 2022 Fund resultsOn 28 April 2022, the Fund declared a cash distribution of EUR 1,555 thousand (EUR 0.013 per unit) to the Fund unitholders for Q1 2022 results. The payout also represents a 6.3% rolling distribution yield for the past 12 months based on the closing unit price of the last day of Q1 2022 on the Nasdaq Tallinn Stock Exchange. Net result and net rental incomeThe Group recorded a net profit of EUR 2.0 million for Q1 2022 against a net profit of EUR 1.9 million for Q1 2021. The net result was significantly impacted by strong recovery of the Galerija Centrs operating performance as fewer COVID-19 rent reliefs have...

Day: May 9, 2022

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