Month: May 2022

Global Tech Industries Group, Inc. Updates Crypto Special Dividend Procedure

Written by Customer Service on May 9, 2022. Posted in Public Companies.

New York, NY, May 09, 2022 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced to its shareholders that in order to claim their Shibu Inu digital tokens dividend (“the dividend”) they should submit a request form, which they can find on the Company’s website by clicking on the Investor’s tab and which will also be mailed to them. Once completed, shareholders should email the form to Liberty Stock Transfer, Inc., at inbox@libertystocktransfer.com. The Company may request specific confirmation of the shareholder’s eligibility by requesting they submit an official brokerage statement for further verification. The Company will then release further information to its shareholders on how to receive their Shibu Inu dividend in their beyondblockchain...

PhenixFIN Corporation Announces Fiscal Second Quarter 2022 Financial Results

Written by Customer Service on May 9, 2022. Posted in Earnings Releases And Operating Results.

NEW YORK, May 09, 2022 (GLOBE NEWSWIRE) — PhenixFIN Corporation (NASDAQ: PFX) (the “Company”), a publicly traded business development company, today announced its financial results for the fiscal second quarter of 2022. HighlightsDuring the second quarter, total investment income of $3.7 million; net investment income of $1.2 million Net asset value (NAV) of $138.9 million, or $62.94 per share as of March 31, 2022, vs. $57.08 per share as of September 30, 2021 NAV per share has increased 18.9% and operating expenses have declined by 44% since internalization (effective January 1, 2021) Weighted average yield to maturity of 8.32% on debt investmentsDavid Lorber, Chief Executive Officer of the Company, stated: “During the quarter we continued the successful deployment of capital while executing on our strategy to...

Fluent Announces First Quarter 2022 Financial Results

Written by Customer Service on May 9, 2022. Posted in Earnings Releases And Operating Results.

Q1 2022 revenue of $89.1 million, up 27% over Q1 2021 Net loss of $2.0 million, or $0.02 per share Gross profit (exclusive of depreciation and amortization) of $21.5 million, an increase of 12% over Q1 2021 and representing 24.1% of revenue for the three months ended March 31, 2022 Media margin of $26.0 million, up 4% over Q1 2021 and representing 29.1% of revenue for the three months ended March 31, 2022 Adjusted EBITDA of $4.8 million, representing 5.3% of revenue for the three months ended March 31, 2022 Adjusted net income of $1.1 million, or $0.01 per shareNEW YORK, May 09, 2022 (GLOBE NEWSWIRE) — Fluent, Inc. (NASDAQ: FLNT), a leading data-driven performance marketing company, today reported financial results for the first quarter ended March 31, 2022. Don Patrick, Fluent’s Chief Executive Officer, commented, “Our First...

Vaxart Provides Business Update and Reports First Quarter 2022 Financial Results

Written by Customer Service on May 9, 2022. Posted in Earnings Releases And Operating Results.

Data from COVID-19 Phase II study and norovirus Phase IB study are expected in 2022 Ended the 1st Quarter with $157.0 million in cash, cash equivalents and marketable securities SOUTH SAN FRANCISCO, Calif., May 09, 2022 (GLOBE NEWSWIRE) — Vaxart, Inc. (NASDAQ: VXRT) issued its business update today for the first quarter of 2022, reporting continued progress on its oral vaccine candidates. “We continue to make progress on our pipeline of potentially game changing oral tablet vaccine programs, with norovirus studies that will report results in the second quarter as well as our Phase II study for our COVID-19 program that will report results from the first part of the planned two-part study in the third quarter,” said Andrei Floroiu, Vaxart’s Chief Executive Officer. “Vaxart’s oral vaccine technology may address many public health...

Melcor Developments announces first quarter results, declares quarterly dividend of $0.14 per share

Written by Customer Service on May 9, 2022. Posted in Dividend Reports And Estimates.

EDMONTON, Alberta, May 09, 2022 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the first quarter ended March 31, 2022. Revenue for the quarter was up 23% to $53.31 million compared to Q1-2021. Net income in the quarter was impacted by non-cash fair value losses of $5.68 million on REIT units related to unit price appreciation since December 31, 2021 resulting in a net income of $2.47 million or $0.08 per share (basic) compared with a net loss of $14.03 million or $0.42 per share (basic) in Q1-2021. Funds from operations (FFO) increased 5% to $10.70 million or $0.33 per share over Q1-2021. FFO is a better measure of performance as it elimates the significant swings in fair value adjustments on REIT units and investment properties. Community...

MCI Onehealth Announces Date of Its First Quarter 2022 Earnings Call

Written by Customer Service on May 9, 2022. Posted in Earnings Releases And Operating Results.

TORONTO, May 09, 2022 (GLOBE NEWSWIRE) — MCI Onehealth Technologies Inc. (“MCI”) (TSX: DRDR), a clinician-led healthcare technology company focused on increasing access to and quality of healthcare, today announced that its financial results for the three months ended March 31, 2022 will be released on Monday May 16, 2022 after the close of market. MCI will host a conference call and webcast on the same day at 5:30 pm (ET) to discuss the financial results and progress towards its key strategic initiatives. The call will be hosted by Dr. Alexander Dobranowski, Chief Executive Officer and Scott Nirenberski, Chief Financial Officer. Please dial in 10 minutes prior to the start of the call. Conference Call DetailsDate: Monday May 16, 2022Time: 5:30 pm (ET)Duration: 60 minutes Dial-in Canada/US: (833)...

Prospect Capital Announces March 2022 Results: $0.22 per Share Net Investment Income, 2.0% Increase in Net Asset Value per Common Share, and Monthly Stable $0.06 per Common Share Distributions

Written by Customer Service on May 9, 2022. Posted in Earnings Releases And Operating Results.

NEW YORK, May 09, 2022 (GLOBE NEWSWIRE) — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our third quarter ended March 31, 2022. FINANCIAL RESULTSAll amounts in $000’s except per share amounts (on weighted average basis for period numbers) Quarter Ended Quarter Ended Quarter EndedMarch 31, 2022 December 31, 2021 March 31, 2021 Net Investment Income (“NII”) $87,005 $85,557 $73,402Basic NII per Common Share(1) $0.22 $0.22 $0.19Interest as % of Total Investment Income 78.5% 81.1% 87.5% Net Income Applicable to Common Stockholders $157,157 $246,411 $246,008Basic Net Income per Common Share(2) $0.40 $0.63 $0.64 Distributions to Common Shareholders $70,439 $70,240 $69,603Distributions per Common Share $0.18 $0.18 $0.18 Since...

Finning reports Q1 2022 results

Written by Customer Service on May 9, 2022. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, May 09, 2022 (GLOBE NEWSWIRE) — Finning International Inc. (TSX: FTT) (“Finning”, “the Company”, “we”, “our” or “us”) reported first quarter 2022 results today. All monetary amounts are in Canadian dollars unless otherwise stated. HIGHLIGHTSAll comparisons are to Q1 2021 results unless indicated otherwise.Q1 2022 EPS (1) was $0.59 per share, representing a 68% increase from Q1 2021 Adjusted EPS (2)(4) of $0.35 per share, and a 37% increase from Q1 2021 Basic EPS of $0.43 per share. Over the last four quarters, we generated EPS of $2.42 per share. Q1 2022 revenue of $2.0 billion and net revenue (2) of $1.7 billion were up 22% and 18%, respectively, from Q1 2021, driven by increased market activity in all operations and strong execution of our product support growth strategy. All regions demonstrated...

Ponce Financial Group, Inc., as the successor by merger with PDL Community Bancorp, Announces 2022 First Quarter Results

Written by Customer Service on May 9, 2022. Posted in Earnings Releases And Operating Results.

NEW YORK, May 09, 2022 (GLOBE NEWSWIRE) — Ponce Financial Group, Inc., as the successor by merger with PDL Community Bancorp (the “Company”) (NASDAQ: PDLB), the holding company for Ponce Bank (the “Bank”), reported a net loss of ($6.8 million), or ($0.31) per basic and diluted share, for the first quarter of 2022, compared to net income of $15.0 million, or $0.90 per basic and $0.89 per diluted share, for the prior quarter and net income of $2.5 million, or $0.15 per basic and diluted share, for the first quarter of 2021. First Quarter HighlightsNet interest income of $17.3 million for the first quarter increased $556,000, or 3.3%, from the prior quarter and $4.4 million, or 34.5%, from the same quarter last year. Loss before taxes was ($9.8 million) for the first quarter of 2022 as compared to income before taxes of $19.2 million...

Element Reports Strong First Quarter Results, Raises 2022 Revenue, Earnings, Cash Flow Guidance

Written by Customer Service on May 9, 2022. Posted in Earnings Releases And Operating Results.

Amounts in $CAD unless otherwise notedElement generated $0.21 EPS, $0.24 adjusted EPS and $0.29 FCF per share in Q1 The Company raised full-year 2022 results guidance, indicating net revenue will grow 4-6%, AOI 4.5-7.5%, adjusted EPS 9-14% and FCF per share 10-15% from full-year 2021 results Q1 net revenue grew 4.9% from Q1 last year and 6.2% from last quarter The Company’s scalable operating platform magnified net revenue growth into pre-tax income growth of 15.1% and AOI growth of 16.6% from last quarter, expanding pre-tax income margin 370 bps to 48.1% and operating margin 485 bps to 54.8% Capital-light services revenue grew 15.2% from Q1 last year and 6.6% from last quarter. Syndication revenue was $13.8 million for Q1. Services revenue growth and syndication combined to improve Q1 return on common equity 250 bps to 10.5% and...

Month: May 2022

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