Day: May 12, 2022

Northview Fund Announces Q1 2022 Financial Results

Written by Customer Service on May 12, 2022. Posted in Earnings Releases And Operating Results.

Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, May 12, 2022 (GLOBE NEWSWIRE) — Northview Fund (“Northview” or the “Fund”) (NHF.UN – TSX), today announced financial results for the three months ended March 31, 2022. All amounts in this news release are in thousands of Canadian dollars unless otherwise indicated. “Occupancy and AMR in the multi-residential portfolio remained stable compared to the fourth quarter of 2021, with occupancy improvements of 110 basis points compared to the first quarter of 2021,” commented Mr. Todd Cook, Chief Executive Officer of Northview. “The current high inflation environment and increasing interest rates continue to put pressure on funds from operations. Northview is focused on managing costs and reducing the amount of floating rate debt...

Inotiv, Inc. Announces Second Quarter Fiscal 2022 Financial Results

Written by Customer Service on May 12, 2022. Posted in Earnings Releases And Operating Results.

WEST LAFAYETTE, Ind., May 12, 2022 (GLOBE NEWSWIRE) — Inotiv, Inc. (NASDAQ: NOTV) (the “Company”, “We”, “Our” or “Inotiv”), a leading contract research organization specializing in nonclinical and analytical drug discovery and development services and research models and related products and services, today announced financial results for the three months (“Q2 FY 2022”) and six months (“H1 FY 2022”) ended March 31, 2022. Q2 FY 2022 HighlightsRevenue grew 646.3% to $140.3 million, from $18.8 million during the three months ended March 31, 2021 (“Q2 FY 2021”), driven by $30.6 million in accretive sales from internal growth initiatives and $90.9 million from incremental revenue from the acquisitions of HistoTox Labs, Inc. (“HistoTox Labs”), Bolder BioPATH, Inc. (“Bolder BioPATH”), Gateway Pharmacology Laboratories LLC (“Gateway...

Predictive Oncology Reports First Quarter Financial Results

Written by Customer Service on May 12, 2022. Posted in Earnings Releases And Operating Results.

EAGAN, Minn., May 12, 2022 (GLOBE NEWSWIRE) — The financial results from the first quarter we believe depicts a solid potential for growth in the upcoming period, in accordance with the report by Predictive Oncology Inc. (NASDAQ: POAI) today, disclosing the results for the quarter ended March 31, 2022. The consolidated results of Predictive Oncology’s reportable segments included recognized revenue of $314,568 for the quarter. The artificial intelligence (AI) and data-driven discovery services entity also reported an update on its business operations. Highlights from the quarter included:Discovery 21 and PeDAL® platform validated as Predictive Oncology moves ahead with commercialization. Cash and equivalents were $25 million as of March 31, 2022. The company has not reported any long-term debt obligations in its capital structure. Predictive...

FlexShopper, Inc. Reports First Quarter 2022 Financial Results

Written by Customer Service on May 12, 2022. Posted in Earnings Releases And Operating Results.

BOCA RATON, Fla., May 12, 2022 (GLOBE NEWSWIRE) — FlexShopper, Inc. (Nasdaq:FPAY) (“FlexShopper”), a leading national online lease-to-own (“LTO”) retailer and LTO payment solution provider, today announced its financial results for the quarter ended March 31, 2022. Results for Quarter Ended March 31, 2022 vs. Quarter Ended March 31, 2021:Total fundings increased 1% to $21.2 million from $21.0 million consisting of gross lease originations decreasing 22.0% to $16.3 million from $20.9 million and loan participations up ~5000% from $97 thousand to $4.9 millionTotal net lease revenues and fees decreased 15.2% to $27.8 million from $32.8 millionTotal net loan revenues and fees increased 3,576.4% to $1.2 million from $32 thousandGross profit decreased 8.7% to $9.4 million from $10.3 millionAdjusted EBITDA1 decreased to $(40.3)...

Taboola Reports Q1 2022 Results

Written by Customer Service on May 12, 2022. Posted in Earnings Releases And Operating Results.

Beat Q1 guidance on both of the non-GAAP metrics we primarily focus on, ex-TAC Gross Profit and Adjusted EBITDA. Revenues of $354.7M grew 17% over Q1 2021. Gross Profit of $112.0M grew 25% and Ex-TAC Gross Profit of $138.2M grew 31% over Q1 2021 and 8.4% pro forma with Connexity**. Generated net income of $3.9M, Non-GAAP Net Income of $21.9M and Adjusted EBITDA of $34.9M. Revising 2022 full year guidance ranges to Ex-Tac Gross Profit of $595M to $615M, and Adjusted EBITDA of $152M to $160M.NEW YORK, May 12, 2022 (GLOBE NEWSWIRE) — Taboola (Nasdaq: TBLA), a global leader in powering recommendations for the open web, helping people discover things they may like, today announced its results for the quarter ended March 31, 2022. “Q1 was a strong quarter, we beat our ex-TAC Gross Profit and Adjusted EBITDA objectives, growing ex-TAC...

Shawcor Ltd. Announces First Quarter 2022 Results

Written by Customer Service on May 12, 2022. Posted in Earnings Releases And Operating Results.

TORONTO, May 12, 2022 (GLOBE NEWSWIRE) — Shawcor Ltd. (“Shawcor” or the “Company”) (TSX: SCL) reported today its operational and financial results for the three months ended March 31, 2022. This press release should be read in conjunction with the Company’s Management Discussion and Analysis (MD&A) and interim consolidated financial statements for the three months ended March 31, 2022, which are available on the Company’s website and at www.sedar.com. Highlights from the first quarter include:The Company exceeded expectations in the first quarter of 2022 with consolidated revenue of $267.8 million, Adjusted EBITDA1 of $20.0 million and operating income of $1.3 million. Shawcor’s businesses serving infrastructure & industrial end markets (formerly described as ‘non-oil & gas’) grew to represent 49% of total revenue...

Sangoma Announces Third Quarter Fiscal 2022 Results

Written by Customer Service on May 12, 2022. Posted in Earnings Releases And Operating Results.

Another Record Result, as Both Revenue and Adjusted EBITDA1Almost Double that of Last Year MARKHAM, Ontario, May 12, 2022 (GLOBE NEWSWIRE) — Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG) (“Sangoma” or the “Company”), a trusted leader in delivering cloud-based Communications as a Service solutions for companies of all sizes, today announced highlights of its unaudited results for the third quarter of fiscal year 2022, ended March 31, 2022. As a reminder, Sangoma completed its acquisition of NetFortris Corporation (“NetFortris”) on March 28, 2022. As a result, there is minimal impact from NetFortris on Sangoma’s income statement for the third quarter, except for the transaction expenses and their effect on net income. Sales for the third quarter of fiscal 2022 were a record $55.13 million, almost twice that of the same...

ChampionX Declares Quarterly Dividend

Written by Customer Service on May 12, 2022. Posted in Dividend Reports And Estimates.

THE WOODLANDS, Texas, May 12, 2022 (GLOBE NEWSWIRE) — ChampionX Corporation (Nasdaq: CHX) announced today its Board of Directors has declared a regular quarterly dividend of $0.075 per share on the company’s common stock, par value $0.01 per share, to be paid on July 29, 2022 to shareholders of record on July 1, 2022. About ChampionX ChampionX is a global leader in chemistry solutions and highly engineered equipment and technologies that help companies drill for and produce oil and gas safely and efficiently around the world. ChampionX’s products provide efficient functioning throughout the lifecycle of a well with a focus on the production phase of wells. To learn more about ChampionX, visit our website at www.championX.com. Investor Contact:Byron Pope – byron.pope@championx.com – 281-602-0094 Media Contact:John Breed – john.breed@championx.com...

Daily Journal Corporation Announces Financial Results for the Six Months ended March 31, 2022

Written by Customer Service on May 12, 2022. Posted in Public Companies.

LOS ANGELES, May 12, 2022 (GLOBE NEWSWIRE) — During the six months ended March 31, 2022, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of $22,245,000 as compared with $24,390,000 in the prior year period. This decrease of $2,145,000 was primarily from decreases in (i) Journal Technologies’ license and maintenance fees of $2,300,000, consulting fees of $119,000 and public service fees of $23,000, and (ii) the Traditional Business’ circulation revenues of $150,000, partially offset by increases in the Traditional Business’ advertising net revenues of $236,000 and advertising service fees and other of $211,000. The Traditional Business’ pretax income increased by $2,940,000 to $2,592,000 from a pretax loss of $348,000 in the prior fiscal year period, primarily resulting from a reduction to the long-term supplemental...

Sienna Senior Living Inc. Reports First Quarter 2022 Financial Results and Provides Update on Operating and Growth Initiatives

Written by Customer Service on May 12, 2022. Posted in Earnings Releases And Operating Results.

MARKHAM, Ontario, May 12, 2022 (GLOBE NEWSWIRE) — Sienna Senior Living Inc. (“Sienna” or the “Company”) (TSX: SIA) today announced its financial results for the three months ended March 31, 2022 and provided an update on recent growth and operating initiatives. The Consolidated Financial Statements and accompanying Management’s Discussion and Analysis (“MD&A”) are available on the Company’s website at www.siennaliving.ca and on SEDAR at www.sedar.com. During the first quarter of 2022, Sienna made significant progress with respect to many of the Company’s strategic initiatives to grow the Company’s asset base and increase the scale and depth of its operations. “Our strategic initiatives to enhance our operating platforms and grow our Company are positioning us to meet the needs of an unprecedented demographic shift and growth...

Day: May 12, 2022

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