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Month: May 2022

Intapp Announces Third Quarter Fiscal Year 2022 Financial 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...

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

(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...

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Inspirato Announces Record First Quarter 2022 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...

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CNH Industrial: periodic report on the buy-back program

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...

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

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...

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

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,...

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Sarcos Technology and Robotics Corporation Announces First Quarter 2022 Financial Results

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...

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Kvika banki hf.: Moody’s Investors Service assigns Kvika Baa2/Prime-2 ratings with outlook stable

International ratings agency Moody’s Investors Service („Moody‘s“)  has assigned a first time Baa2 long-term and Prime-2 short-term foreign and local currency bank deposit and issuer ratings to Iceland’s Kvika Banki hf („Kvika“). The assigned long-term deposit and issuer ratings carry a stable outlook. The ratings reflect Kvika’s robust capitalisation coupled with strong profitability and liquidity, reflective of the group’s diversified revenue streams and the increasing importance of non-capital-intensive banking operations as well as the profit contribution from its insurance operations via TM tryggingar hf. Kvika initiated the rating process in early 2022, following the publication of the Group’s first EMTN Programme and inaugural foreign debt issuance, to support the Group‘s issuance of bonds and other funding efforts. Marinó Örn...

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Equinor ASA: The annual general meeting approved an ordinary dividend of USD 0.20 per share and an extraordinary dividend of USD 0.20 per share for fourth quarter 2021

On 11 May 2022, the annual general meeting in Equinor ASA (OSE: EQNR, NYSE: EQNR) approved the annual report and accounts for Equinor ASA and the Equinor group for 2021, as proposed by the board of directors. The fourth quarter 2021 dividend accrues to the shareholders as registered in Equinor’s shareholder register with the Norwegian Central Securities Depository (VPS) as of expiry of 13 May 2022 (the “Record Date”). Subject to ordinary settlement in VPS, this implies that the right to dividend accrues to shareholders as of 11 May 2022. For US ADR (American Depository Receipts) holders, dividend accrues also as of 11 May 2022. The shares will be traded ex-dividend on the Oslo Stock Exchange (Oslo Børs) from and including 12 May 2022. The ADRs on New York Stock Exchange will also trade ex-dividend from and including 12...

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Boralex announces the election of its directors and highlights of its Annual Meeting of Shareholders

MONTREAL, May 11, 2022 (GLOBE NEWSWIRE) — Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) held its annual meeting of shareholders earlier today. During the online meeting chaired by Alain Rhéaume, Chairman of the Board, shareholders elected directors and adopted the resolutions proposed. The retirement of Mr. Edward H. Kernaghan, a director of the Company for the past 15 years, and his significant contribution to Boralex were also highlighted. Mr. Rhéaume opened the meeting with congratulations to Boralex’s teams on the outstanding achievements of 2021, including the updating of the strategic plan with the adoption of ambitious objectives, success in getting several projects selected under calls for tender in North America and Europe, securing a first sustainability-linked loan and the partnership recently formed with Energy...

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