Month: May 2022

SMG Industries, Inc. Reports Financial Results for Its First Quarter 2022

Written by Customer Service on May 18, 2022. Posted in Earnings Releases And Operating Results.

Transportation Services Company Reports $16.1 million in Revenues for First Quarter 2022, an Increase of approximately 112% from Q1, 2021 HOUSTON, TX, May 18, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – SMG Industries, Inc. (the “Company”) (OTCQB:SMGI), a growth-oriented transportation services company focused on the domestic infrastructure logistics market, today reported financial results for its first quarter 2022 and released its 2022 Quarterly Report on Form 10-Q. First Quarter 2022 HighlightsRevenues increased to $16,181,053 for the quarter ending March 31, 2022, an increase of about 112% from $7,602,328 for the first quarter 2021, driven by higher sales in our industrial transportation division and the heavy haul division of infrastructure components including bridge beams and compressors. Additionally, 5J Transportation’s...

CSW Industrials Reports Record Fiscal 2022 Fourth Quarter and Full Year Results

Written by Customer Service on May 18, 2022. Posted in Earnings Releases And Operating Results.

DALLAS, May 18, 2022 (GLOBE NEWSWIRE) — CSW Industrials, Inc. (Nasdaq: CSWI or the “Company”) today reported results for the fiscal 2022 fourth quarter and full year periods ended March 31, 2022. Fiscal 2022 Fourth Quarter Highlights (comparisons to fiscal 2021 fourth quarter)Total revenue increased 30% to $173.3 million, compared to $133.4 million Organic revenue increased $32.0 million, representing 80% of total revenue growth GAAP net income attributable to CSWI of $18.4 million, compared to $10.4 million or $14.6 million, as adjusted GAAP earnings per diluted share (EPS) of $1.17, compared to $0.66 or $0.93 as adjusted EBITDA growth of 17% to $37.2 million, compared to adjusted EBITDA of $31.8 million There were no adjustments to earnings in the fiscal 2022 fourth quarterFiscal 2022 Full Year Highlights (comparisons...

Bitcoin Well Reports First Quarter 2022 Financial Results & Recent Business Developments

Written by Customer Service on May 18, 2022. Posted in Earnings Releases And Operating Results.

EDMONTON, Alberta, May 18, 2022 (GLOBE NEWSWIRE) — Bitcoin Well Inc. (the “Company” or “Bitcoin Well”) (TSXV: BTCW), today announced our financial and operating results for the first quarter ended March 31, 2022. The Interim Financial Statements as well as Management’s Discussion and Analysis (“MD&A”) are available on our website and have been filed on SEDAR. “We are in an emerging industry still in its infancy which will present a variety of growth opportunities,” said Adam O’Brien, Founder and CEO of Bitcoin Well. “We continue to deploy cost-effective strategies for our in person services to grow which we expect will generate future revenue. The company is in a transitionary period where we can thrive by continuing to find efficiencies and growth opportunities through our existing infrastructure.” Recent Business Developments...

Can B Corp. Reports First Quarter Revenue Growth of 606% to $1.9 Million, the Highest Quarterly Revenue in Company History

Written by Customer Service on May 18, 2022. Posted in Earnings Releases And Operating Results.

Strengthened Balance Sheet with Increases to $17.0 Million in Total Assets and $6.2 Million in Stockholders Equity HICKSVILLE, NY, May 18, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Can B Corp. (OTCQB: CANB) (“Can B” or the “Company”), a health and wellness company specializing in developing, producing, and selling hemp-derived cannabinoid products, today announced the Company’s financial results for the first quarter ended March 31, 2022. Key Financial Highlights for Q1 2022Revenue increased 606% to $1.9 million Gross profit increased 291% to $0.7 million Adjusted EBITDA loss decreased 30% to $0.9 million Total assets increased to $17.0 million Total stockholders’ equity increased to $6.2 millionKey Business Highlights for Q1 2022Solidified and integrated vertical processing capabilities from recent...

Timetable adjusted for previously announced capital increase

Written by Customer Service on May 18, 2022. Posted in Public Companies.

Company announcement no 11-2022 Søborg, May 18, 2022Timetable adjusted for previously announced capital increase Konsolidator announced on April 28, 2022 an issue of new shares in a directed issue and the exercise of warrants totaling proceeds of DKK 4 million. The completion of the directed issue has been delayed according to the originally expected timetable and will be completed within a couple of weeks. Directed issueOn April 28, 2022 Konsolidator A/S (“Konsolidator”) expected that the settlement and payment of the new shares in Konsolidator would be completed no later than May 4, 2022. However, the transaction announced in regards to Konsolidator’s three founders selling shares to a number of investors have not yet been settled. The funds received in connection with the settlement are used for payment of the new shares subscribed...

Formula Systems Reports First Quarter 2022 Financial Results: Record-Breaking Net Income of $16.2 Million

Written by Customer Service on May 18, 2022. Posted in Public Companies.

Double-digit growth in all financial indices. Revenues increased by 14.8% to $657.6 million. Net income increased by 30.7% year over year to a record-breaking $16.2 million Or Yehuda, Israel, May 18, 2022 (GLOBE NEWSWIRE) — Formula Systems (1985) Ltd. (Nasdaq: FORTY), a global information technology group engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, today announced its results for the first quarter ended March 31, 2022. Financial Highlights for the First Quarter Ended March 31, 2022● Consolidated revenues for the first quarter ended March 31, 2022 increased by 14.8% to $657.6 million, compared to $572.6 million in the first quarter of the previous year. ● Consolidated operating income for...

Disclosure of trading in own shares from May 12, 2022 to May 13, 2022

Written by Customer Service on May 18, 2022. Posted in Public Companies.

IHead Officel : 4 allée de l’Arche, 92400 Courbevoie, France Tel : + 33 (0) 1 78 15 00 00 – www.nexans.com a French Société Anonyme with a share capital of € 43 755 627 – R.C.S. Nanterre 393 525 852 – Id VAT FR 74 393 525 852 Disclosure of trading in own shares From May 12, 2022 to May 13, 2022 Issuer : Nexans Category : treasury shares Pursuant to applicable law on share buybacks, Nexans declares the following purchases of its own shares from May 12 to May 13, 2022 The trades have been executed within the framework of the description of the buyback program published on March 25, 2022, on the Company’s website (www.nexans.com) by...

Strong sales performance in high inflationary environment

Written by Customer Service on May 18, 2022. Posted in Earnings Releases And Operating Results.

First quarter report of 2022for ROCKWOOL A/SRelease no. 5 – 2022to Nasdaq Copenhagen 18 May 2022 Strong sales performance in high inflationary environment HighlightsSales in Q1 2022 reached 924 MEUR, an increase of 36 percent in local currencies and 38 percent in reported figures compared to last year, driven by high volume demand and necessary sales price increases.EBITDA in Q1 2022 reached 155 MEUR, an increase of 16 MEUR or 12 percent compared to Q1 2021. The EBITDA margin was 16.8 percent, down 3.9 percentage points from last year. As expected, high cost increases on production materials and energy were not fully compensated by sales price increases and cost actions in the quarter.EBIT increased 14 percent to 102 MEUR in Q1 2022, with an 11.0 percent EBIT margin, down 2.3 percentage points from Q1 2021.Investments excluding...

Honka Haiku is a trailblazer in sustainable and healthy living

Written by Customer Service on May 18, 2022. Posted in Public Companies.

Press release Honkarakenne LtdFree for publication on 19 May 2022 at 12.00 noon Honka Haiku is a trailblazer in sustainable and healthy living The log house produces its own electricity and has achieved the best energy-efficiency rating A. The house also responds to the surrounding environment through a smart home solution.Choosing the right technology for your home can enhance the sustainability of living and quality of life. With a Honkarakenne log house, you get top-level energy efficiency, a holistic approach to keeping indoor air healthy as well as modern smart-home solutions designed to respond to everyday situations and the surrounding conditions. The technology blends in with the harmonious look of the log house. Honka Haiku is site number 3 at the 2022 Housing Fair 2022 held in Naantali, Finland. Honka Haiku has the highest...

Opioid Use Disorder Market Size [2022-2028] to reach USD 4.81 Billion [8.7% CAGR]

Written by Customer Service on May 18, 2022. Posted in Mergers And Acquisitions.

According to Fortune Business Insights, the global Opioid Use Disorder (OUD) Market size is projected to reach USD 4.81 billion in 2028, at CAGR of 8.7% during forecast period; Rising Usage of Buprenorphine Treatment Patches to Bolster Growth Pune, India, May 18, 2022 (GLOBE NEWSWIRE) — The global opioid use disorder market size is set to gain traction from the surging adoption of buprenorphine treatment patches for treating opioid addiction. It is considered to be an effective therapy. Several companies are also engaging in the collaboration strategy to develop new products. For instance, Orexo AB joined hands with Magellan Rx Management and ApexB.io in February 2021 to conduct research on the usage of a digital therapeutic named modia. It is best suited for people living with OUD. Fortune Business Insights™ published this information...

Month: May 2022

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