Day: May 11, 2022

Wesdome Announces 2022 First Quarter Results and Appointment of Chief Operating Officer

Written by Customer Service on May 11, 2022. Posted in Earnings Releases And Operating Results.

TORONTO, May 11, 2022 (GLOBE NEWSWIRE) — Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) today announces first quarter (“Q1 2022”) financial results. All figures are stated in Canadian dollars unless otherwise noted. Duncan Middlemiss, President and CEO commented, “In Q1, with combined production of 25,611 ounces we increased cash flow from operations by 36%, and cash margins by 39% over the same period last year, ending the quarter with $52.5 million in cash. This is sufficient to fund our final year of elevated growth capex as we finish projects related to the ramp up at Kiena, such as the fleet purchase, tailings dam, and paste fill plant construction. It was a challenging quarter due to the unpredictable supply chain, inflationary pressures seen across the industry, as well as the Omicron variant surge which...

Kite Realty Group Trust Declares Quarterly Common Dividend of $0.21 per Common Share, a 5% Increase Over Previous Quarter

Written by Customer Service on May 11, 2022. Posted in Dividend Reports And Estimates.

INDIANAPOLIS, Ind., May 11, 2022 (GLOBE NEWSWIRE) — Kite Realty Group Trust (NYSE: KRG) announced today that its Board of Trustees declared a quarterly cash distribution of $0.21 per common share for the quarter ending June 30, 2022. This distribution will be paid on or about July 15, 2022, to shareholders of record as of July 8, 2022. About Kite Realty Group TrustKite Realty Group Trust (NYSE: KRG) is a real estate investment trust (REIT) headquartered in Indianapolis, IN that is one of the largest publicly traded owners and operators of open-air shopping centers and mixed-use assets. The company’s primarily grocery-anchored portfolio is located in high-growth Sun Belt and select strategic gateway markets. The combination of necessity-based grocery-anchored neighborhood and community centers, along with vibrant mixed-use assets...

Lam Research Corporation Announces $5 Billion Share Repurchase Authorization and Declares Quarterly Dividend

Written by Customer Service on May 11, 2022. Posted in Public Companies.

FREMONT, Calif., May 11, 2022 (GLOBE NEWSWIRE) — Lam Research Corporation (Nasdaq: LRCX) today announced that its Board of Directors approved a $5 billion share repurchase authorization and a quarterly dividend of $1.50 per share of common stock. The company is authorized to repurchase up to $5 billion of common stock; this authorization supplements the remaining balances from any prior authorizations. Repurchases may be made through both public market and private transactions and may include the use of derivative contracts and structured share repurchase agreements. This repurchase program has no termination date and may be suspended or discontinued at any time. The dividend payment will be made July 6, 2022, to holders of record on June 15, 2022. Future dividend payments are subject to review and approval by the Board of Directors. About...

Intapp Announces Third Quarter Fiscal Year 2022 Financial Results

Written by Customer Service on May 11, 2022. Posted in Earnings Releases And Operating Results.

Third quarter SaaS and support revenue of $49.8 million, up 35% year-over-year Third quarter total revenue of $69.7 million, up 25% year-over-year Cloud annual recurring revenue (ARR) of $147.8 million, up 49% year-over-yearPALO ALTO, Calif., May 11, 2022 (GLOBE NEWSWIRE) — Intapp, Inc. (NASDAQ: INTA), a leading provider of industry-specific, cloud-based software solutions that enable connected professional and financial services firms, announced its financial results for the third quarter of fiscal year 2022 ended March 31, 2022. Intapp also provided its outlook for the fourth quarter of fiscal year 2022, while raising its guidance for the full fiscal year of 2022. “We continue to see professional and financial services firms embrace the cloud and adopt our purpose-built solutions,” said John Hall, CEO of Intapp. “We are increasingly...

Fortuna Reports Net Income of $27.0 million in the First Quarter of 2022

Written by Customer Service on May 11, 2022. Posted in Earnings Releases And Operating Results.

(All amounts expressed in US dollars, tabular amounts in millions, unless otherwise stated) VANCOUVER, British Columbia, May 11, 2022 (GLOBE NEWSWIRE) — Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) (“Fortuna” or the “Company”) today reported its financial and operating results for the first quarter of 2022. First Quarter 2022 Highlights OperationalGold and silver production of 66,800 ounces and 1,670,128 ounces, respectively. An increase of 93% and a decrease of 13% respectively compared to the first quarter of 2021 (“Q1 2021”). Gold equivalent production of 103,0983 ounces. AISC 1 per ounce of gold sold of $1,038 for the Lindero Mine and $1,147 for the Yaramoko Mine. AISC 1,2 per silver equivalent ounce of payable silver sold of $15.32 and $17.83 for the San Jose Mine and Caylloma Mine, respectively. All mine operations...

Inspirato Announces Record First Quarter 2022 Results

Written by Customer Service on May 11, 2022. Posted in Earnings Releases And Operating Results.

~ Total Active Subscriptions Reach New Record, Surpass 15,000 ~~ Record Quarterly Subscription Revenue, Travel Revenue and Total Revenue ~~ Record Cash Balance of $135 million ~ DENVER, May 11, 2022 (GLOBE NEWSWIRE) — Inspirato Incorporated (“Inspirato” or the “Company”) (NASDAQ: ISPO), the innovative luxury travel subscription brand, today announced its 2022 first quarter financial and operating results. 2022 First Quarter Highlights:Record Setting Operational Results. As of March 31, 2022, Total Active Subscriptions, Annual Recurring Revenue, Total Nights Delivered and Controlled Accommodations all finished at the highest levels in Company history. Record Subscription Revenue, Travel Revenue, and Total Revenue. Record quarterly revenue of $82 million, an increase of 67% year-over-year, including quarterly records of $32 million...

CNH Industrial: periodic report on the buy-back program

Written by Customer Service on May 11, 2022. Posted in Public Companies.

London, May 11, 2022 CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces that, under the common share buy-back program currently in place, the Company has completed the transactions reported in aggregate as follows:Date Number of common shares purchased Average priceper shareexcluding fees Considerationexcluding fees Consideration (*)excluding fees (€) (€) ($)May 2, 2022(**) 999 12.9050 12,892.10 13,567.65May 9, 2022 99,001 13.0245 1,289,438.52 1,361,518.14 100,000 – 1,302,330.62 1,375,085.79(*) All translations determined from Euro to US Dollar at the exchange rate reported by the European Central Bank on the date of each purchase.(**) Based on automatic orders placed with the Company’s broker who has made its trading decisions as to the timing of the purchases independently of the Company. After the purchases...

Synchronoss Finalizes Agreement with iQmetrix to Divest Digital Experience Platform and Activation Solutions

Written by Customer Service on May 11, 2022. Posted in Public Companies.

BRIDGEWATER, N.J., May 11, 2022 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in cloud, messaging and digital products and platforms, today announced the successful completion of the sale of its Digital Experience Platform (“DXP”) and Activation Solutions (“Activation”) to iQmetrix, a leading provider of telecom retail management software. The divestiture was formally announced on March 8, 2022. “The sale of DXP and Activation is part of our strategic plan to create a leaner business model that focuses on our core growth areas for the future,” said Jeff Miller, President, and Chief Executive Officer of Synchronoss. “Closing this deal is favorable for Synchronoss’s long-term product focus areas. It provides us with operating flexibility to improve...

ADDvantage Technologies Reports Record Revenue of $23.8 Million for the Second Quarter of Fiscal 2022

Written by Customer Service on May 11, 2022. Posted in Earnings Releases And Operating Results.

Wireless Segment Revenue up 79%; Telco Revenue up 92% to Record Levels Benefits of Cost Reduction and Margin Expansion Initiatives to Benefit Second Half of Fiscal Year CARROLLTON, Texas, May 11, 2022 (GLOBE NEWSWIRE) — ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today reported record financial results for the three and six months ended March 31, 2022, the second fiscal quarter of 2022. “We generated record revenue in both segments of our business, as our efforts to position Fulton as a key partner for 5G tower work led to rapid growth, and our Telco segment continues to benefit from supply chain challenges for new equipment and the growing remote workforce movement,” commented Joe Hart, Chief Executive Officer. “During the quarter, we initiated significant cost-reduction initiatives,...

Sarcos Technology and Robotics Corporation Announces First Quarter 2022 Financial Results

Written by Customer Service on May 11, 2022. Posted in Mergers And Acquisitions.

Announced acquisition of RE2, Inc. Ended the first quarter with $199 million in unrestricted cash and cash equivalents Initial production of commercial units of Guardian® XO® industrial exoskeleton and Guardian® XT™ teleoperated dexterous robotic system still expected to commence by the end of 2022 SALT LAKE CITY, May 11, 2022 (GLOBE NEWSWIRE) — Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a leader in the development of highly dexterous robotic systems that augment humans to enhance productivity and safety, today announced financial results for the quarter ending March 31, 2022. Recent highlights include:Announced the successful closing of the previously announced acquisition of RE2, Inc., bringing together two of the most experienced commercial robotics teams and nearly doubling the size of...

Day: May 11, 2022

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