Month: May 2022

Crawford United Corporation Announces First Quarter 2022 Results

Written by Customer Service on May 13, 2022. Posted in Earnings Releases And Operating Results.

Revenue of $31.0 million, an increase of 29% Completed the acquisitions of Reverso Pumps and Separ Filters of America Earnings per share of $0.31CLEVELAND, May 13, 2022 (GLOBE NEWSWIRE) — Crawford United Corporation (OTC: CRAWA), a growth-oriented holding company serving diverse markets, today reported results for the three-month period ended March 31, 2022. For the quarter ended March 31, 2022, sales were $31.0 million compared to $24.0 million in the same period last year, an increase of 29%. In this quarter, the Company recorded operating income of $1.4 million compared to $2.3 million in the same period last year. Net income was $1.1 million, or $0.31 per fully diluted share, compared to $3.1 million, or $0.93 per fully diluted share in the same period last year. The increase in revenue was primarily attributable to the...

Helios Fairfax Partners Corporation: First Quarter Financial Results

Written by Customer Service on May 13, 2022. Posted in Earnings Releases And Operating Results.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES (Note: All dollar amounts in this news release are expressed in U.S. dollars except as otherwise noted. The financial results are prepared using the recognition and measurement requirements of International Financial Reporting Standards, except as otherwise noted, and are unaudited.) TORONTO, May 13, 2022 (GLOBE NEWSWIRE) — Helios Fairfax Partners Corporation (TSX: HFPC.U) announces a net loss of $2.9 million in the first quarter of 2022 ($0.03 net loss per diluted share), compared to a net loss of $11.1 million in the first quarter of 2021 ($0.10 net loss per diluted share). The decrease in net loss primarily reflected increased interest and dividend income, decreased performance fees, and a non-recurring loss on uncollectible receivables...

Minera IRL Reports Q1 2022 Financial Results

Written by Customer Service on May 13, 2022. Posted in Earnings Releases And Operating Results.

LIMA, Peru, May 13, 2022 (GLOBE NEWSWIRE) — Minera IRL Limited (“Minera”, the “Company” or “we”) (BVL:MIRL) (CSE:MIRL) is pleased to announce that it has today filed on SEDAR its unaudited consolidated financial statements and corresponding management’s discussion and analysis (“MD&A”) for the period ended March 31, 2022. Financial Results for the Period Ended March 31, 2022 A summary of the Company´s financial results for the first quarter ended March 31, 2022, are as follows: Quarter ended 31 March 2022 2021Revenue ($’000) 9,425 10,378Gold sold (ounces) 5,067 5,875Realized gold price ($ per ounce ) 1,860 1,766Gross profit ($’000) 1,293 3,119After-tax loss ($’000) (1,082) (1,181)Loss per share (cents) (0.5) (0.5)*Note – All of the results presented are prepared under IFRS and are in United States...

View, Inc. Receives Expected Notification of Additional Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q

Written by Customer Service on May 13, 2022. Posted in Public Companies.

MILPITAS, Calif., May 13, 2022 (GLOBE NEWSWIRE) — View, Inc. (Nasdaq: VIEW) (“View” or the “Company”), the leader in smart building technologies, today announced that on May 12, 2022, it received a notice from the Nasdaq Listing Qualifications staff of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company’s failure to file its Quarterly Report on Form 10-Q for the period ended March 31, 2022 (the “Form 10-Q”), serves as an additional basis for delisting the Company’s securities from Nasdaq, and that the Company should present its view with respect to this additional deficiency to the Nasdaq Hearings Panel in writing no later than May 19, 2022. As previously announced, the Company received a Staff Delisting Determination on February 15, 2022, notifying the Company that the Nasdaq Listing Qualifications Department had initiated...

Aesthetic Medical International Reports Fiscal Year 2021 Unaudited Financial Results

Written by Customer Service on May 13, 2022. Posted in Earnings Releases And Operating Results.

SHENZHEN, China, May 13, 2022 (GLOBE NEWSWIRE) — Aesthetic Medical International Holdings Group Limited (Nasdaq: AIH) (the “Company” or “AIH”), a leading provider of aesthetic medical services in China, announced its unaudited financial results for the fiscal year ended December 31, 2021. Dr. Zhou Pengwu, the Chairman and CEO of the Company, commented, “During the Year, the consumer market was still clouded by the COVID-19 uncertainty. The aesthetic medical industry landscape has also changed due to the various implementation of national and regional regulations, which aim to promote a healthy and sustainable development of the industry. In view of such situation, we have proactively conducted a strategic restructuring plan in order to focus on our high-quality assets and optimize our talents and resources allocation. Thus, we...

Gulf Resources Announces First Quarter of 2022 Financial Results and Plan to Present 6-year Financial Plan by the end of June 2022

Written by Customer Service on May 13, 2022. Posted in Earnings Releases And Operating Results.

SHOUGUANG, China, May 13, 2022 (GLOBE NEWSWIRE) — Gulf Resources, Inc. (Nasdaq: GURE) (“Gulf Resources”, “we,” or the “Company”), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced financial results for the first quarter ended March 31, 2022 as well as its plan to provide investors with its 6 year financial plan by the end of June 2022.Despite the closure of all our operating facilities for 51 of the 90 days of the first quarter, 2022 and the additional time to restart production, the costs of our closed facilities, and a negative non-cash charge on foreign currency translation losses, Gulf Resources reported near breakeven results for the first quarter. During this period, our operating loss was reduced 98% to $65,087 from $3,281,424.With the strong...

Nova LifeStyle, Inc. Reports First Quarter FY 2022 Results

Written by Customer Service on May 13, 2022. Posted in Earnings Releases And Operating Results.

LOS ANGELES, May 13, 2022 (GLOBE NEWSWIRE) — Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced financial results for the first quarter ended March 31, 2022. Key Financial Highlights:Net sales for three months ended March 31, 2022 were $3.67 million, an increase of 10% from $3.33 million in the same period of 2021. Net loss for the three months ended March 31, 2022 was $0.86 million, as compared to a net loss of $0.76 million in the same period of 2021.Tawny Lam, Chairperson and Chief Executive Officer of Nova LifeStyle, stated, “The quarter saw the Company progress on plan and within our budget as we aggressively pursue new sales opportunities and get back to our normal operations. We celebrated our 30th year in the home furnishings industry and launched our 30th Anniversary Collection...

Zosano Pharma Reports First Quarter 2022 Financial Results

Written by Customer Service on May 13, 2022. Posted in Earnings Releases And Operating Results.

FREMONT, Calif., May 13, 2022 (GLOBE NEWSWIRE) — Zosano Pharma Corporation (NASDAQ:ZSAN), a clinical-stage biopharmaceutical company, today announced financial results for the first quarter ended March 31, 2022. All share and per share information included in these financial results and statements has been retroactively adjusted to give effect to our April 11, 2022 1-for-35 reverse stock split. Zosano reported a net loss for the first quarter of 2022 of $33.4 million, or $7.86 per share on a basic and diluted basis, compared with a net loss of $8.1 million, or $2.73 per share on a basic and diluted basis, for the same quarter in 2021. Research and development expenses for the first quarter of 2022 were $4.5 million, compared with $5.3 million for the same quarter in 2021. The decrease of $0.8 million was primarily due to a decrease...

Uniroyal Global Engineered Products, Inc. Reports Financial Results For the First Quarter Ended April 3, 2022

Written by Customer Service on May 13, 2022. Posted in Earnings Releases And Operating Results.

SARASOTA, Fla., May 13, 2022 (GLOBE NEWSWIRE) — Uniroyal Global Engineered Products, Inc. (OTCQB:UNIR) today reported financial results for the first quarter of fiscal 2022 ended April 3, 2022. Financial SummaryNet Sales of $20,070,551 declined 8.3% from the first quarter of the prior year Net Loss of $545,356 versus Net Income of $1,036,001 which included non-recurring income Loss Per Common Share of $0.15 versus Earnings Per Common Share of $0.06 in the prior yearOverview Delays in customer production levels due to supply shortages, primarily microchips to the Automotive manufacturers, the lingering effects of the Covid viruses, a ramped up inflationary environment, as well as unfavorable currency adjustments, all led to significant headwinds for the Company in the first quarter of this year. Our U.K. operations was negatively...

Global Diversified Marketing Group Reports Quarterly Results

Written by Customer Service on May 13, 2022. Posted in Earnings Releases And Operating Results.

ISLAND PARK, N.Y., May 13, 2022 (GLOBE NEWSWIRE) — Global Diversified Marketing Group Inc (OTC: GDMK) reports results for its first fiscal quarter ended March 31st, 2022. Quarterly Results for the three months ended March 31, 2022, compared to three months ended March 31, 2021, were as follows:Revenue decreased to $332,885 compared to $823,400, a decrease of 59% over 2021 period. Gross profit margin decreased to 32.5% in 2022 compared to 40.5% in 2021. The net loss for the three months end March 31st, 2022 period was $203,794 compared to a net loss of $410,545 in the three months ended March 31, 2021. Excluding stock-based compensation both periods, the loss for the three-month period ended March 31, 2022 would have been a net loss of $199,279 compared to a profit of $74,993 during the comparable three-month period ended in...

Month: May 2022

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