Month: May 2022

Broadwind Announces First Quarter 2022 Results

Written by Customer Service on May 6, 2022. Posted in Earnings Releases And Operating Results.

CICERO, Ill., May 06, 2022 (GLOBE NEWSWIRE) — Broadwind (NASDAQ: BWEN, or the “Company”), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the first quarter 2022. FIRST QUARTER 2022 RESULTS(As compared to the first quarter 2021)Total revenue of $41.8 million, +28% y/y Heavy Fabrications segment revenue of $27.3 million +20% y/y Gearing segment revenue of $10.6 million, +98% y/y Total net loss of ($2.4 million) or ($0.12) per basic share Total orders of $52.7 million, +54% y/y Total backlog of $117.1 million, +24% y/y Total cash and excess availability of $14.7 millionFor the three months ended March 31, 2022, the Company reported total revenue of $41.8 million, an increase of 28% when compared to the prior year period. The Company reported a net...

Sprott Announces First Quarter 2022 Results

Written by Customer Service on May 6, 2022. Posted in Earnings Releases And Operating Results.

TORONTO, May 06, 2022 (GLOBE NEWSWIRE) — Sprott Inc. (NYSE/TSX: SII) (“Sprott” or the “Company”) today announced its financial results for the quarter ended March 31, 2022. Management commentary “Sprott continued to deliver outstanding financial results in the first quarter of 2022, as Assets Under Management (“AUM”) increased to $23.7 billion, up $3.2 billion (16%) from December 31, 2021. Net income was $6.5 million ($0.26 per share), up $3.3 million ($0.13 per share) from the quarter ended March 31, 2021. Adjusted base EBITDA was $18.2 million ($0.73 per share), up 24%, or $3.6 million ($0.14 per share) from the quarter ended March 31, 2021. Our strong operating performance during the quarter was driven by market value appreciation in our uranium, gold and silver strategies and more than $1.3 billion of inflows to our...

Interim Financial Report Q1 2022: record start to the year in challenging market drives guidance upgrade

Written by Customer Service on May 6, 2022. Posted in Public Companies.

Today, the Board of Directors of H+H International A/S (hereinafter referred to as “H+H” or “the Group”) has adopted the Interim Financial Report for the first quarter of 2022 (“Q1 2022”). CEO MICHAEL T. ANDERSEN QUOTE “The first quarter showed solid financial performance with organic growth of 29 percent underpinning the successful implementation of sales price increases to counter the inflationary pressure on production cost and the negative impact on margins. This was further highlighted by a record-high EBIT before special items and a strong margin of 13 percent for the quarter. We expect the inflationary pressure to remain in place in the short-to-medium term, and we are ready to introduce further sales price increases to protect our earnings margins.” PERFORMANCE HIGHLIGHTS FOR Q1 2022 (Q1 2021)Revenue increased by 36% to DKK 874...

With 49.5% CAGR, Process Mining Software Market Size Worth USD 15,546.4 Million in 2029

Written by Customer Service on May 6, 2022. Posted in Mergers And Acquisitions.

According to Fortune Business Insights, the global process mining software market size is projected to reach USD 15,546.4 million in 2029, at CAGR of 49.5% during forecast period; Implementation of AI to Augment Growth Pune, India, May 06, 2022 (GLOBE NEWSWIRE) — The process mining software market size reached USD 627.0 million in 2021. The market value is anticipated to increase from USD 933.1 million to USD 15,546.4 million by 2029 at a CAGR of 49.5% during the forecast duration. Process mining software analyzes event log data to better understand how a business operates and identify inefficiencies and stoppages in the process, says Fortune Business InsightsTM in its report titled, “Process Mining Software Market, 2022-2029”. Key Industry Development- March 2020: Celonis GmbH teamed up with Infosys Limited to provide ERP upgrade...

Material Bank Announces $175M Series D Raise Led by Brookfield

Written by Customer Service on May 6, 2022. Posted in Mergers And Acquisitions.

Investment to Accelerate Continued Expansion of the Platform, Increase Strategic Acquisitions, and Further Develop New Groundbreaking Tools and ServicesMaterial Bank Platform Order samples from any manufacturer by midnight (ET) and everything delivers in a single box by 10:30 AM the next morning.Material Bank Distribution Facility The company’s state-of-the-art robotic distribution facility is based in Memphis, TN.New York, NY, May 06, 2022 (GLOBE NEWSWIRE) — Material Bank, the world’s largest marketplace for architectural, design, and construction materials, today announced it has secured $175M in Series D funding led by Brookfield’s technology investment arm Brookfield Growth, with participation from additional strategic partners Fifth Wall, SoftBank Vision Fund 2, and RXR. This significant raise brings the company’s...

Capital Product Partners L.P. Announces First Quarter 2022 Financial Results

Written by Customer Service on May 6, 2022. Posted in Earnings Releases And Operating Results.

ATHENS, Greece, May 06, 2022 (GLOBE NEWSWIRE) — Capital Product Partners L.P. (the “Partnership”, “CPLP” or “we” / “us”) (NASDAQ: CPLP), an international owner of ocean-going vessels, today released its financial results for the first quarter ended March 31, 2022. Highlights Three-month periods ended March 31, 2022 2021 IncreaseRevenues $73.4 million $38.1 million 93%Expenses $40.2 million $24.2 million 66%Net Income $25.1 million $10.9 million 130%Net Income per common unit $1.26 $0.57 121%Average number of vessels1 21.0 15.2 38%Announced common unit distribution of $0.15 for the first quarter of 2022. Operating Surplus2 and Operating Surplus after the quarterly allocation to the capital reserve for the first quarter of 2022 were $44.6 million and $13.5 million, respectively. Repurchased 89,345 of the...

Gray Reports Strong First Quarter Benefiting From Growth Strategy

Written by Customer Service on May 6, 2022. Posted in Earnings Releases And Operating Results.

ATLANTA, May 06, 2022 (GLOBE NEWSWIRE) — Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) today announced financial results for the first quarter ended March 31, 2022. Our total revenues of $827 million were strong as we begin an “on-year” of the two-year political advertising cycle. Importantly, our financial results exceeded our revenue and expense guidance issued for this quarter due in large part to faster than anticipated improvements in the operational performance across nearly all of our recently acquired television stations. In the first quarter of 2022 our core advertising revenue increased by 40%, our retransmission consent revenue increased by 59% and our political advertising revenue increased by 189%. Due to the significant effect that material transactions have had on our results of our operations,...

Tulikivi Corporation Interim report 1–3/2022: Higher net sales, better operating profit and significantly stronger order books

Written by Customer Service on May 6, 2022. Posted in Earnings Releases And Operating Results.

TULIKIVI CORPORATION INTERIM REPORT 6 MAY 2022 AT 1 PM – The Tulikivi Group’s first-quarter net sales were EUR 8.4 million (EUR 6.5 million, 1–3/2021). – The Tulikivi Group’s first-quarter operating profit was EUR 0.3 (0.0) million and the profit before taxes was EUR 0.2 (-0.2) million. – Net cash flow from operating activities in the first quarter was EUR 0.7 (0.1) million. – Order books stood at EUR 10.5 (5.2) million at the end of the review period. – The feasibility study related to Tulikivi’s talc project in Suomussalmi is progressing. – Future outlook: Net sales are expected to increase in 2022, and the comparable operating profit is expected to improve on 2021. Key financial ratios 1-3/22 1-3/21 Change, % 1-12/21 ...

Acarix presents at Naventus Health Care Summit 2022

Written by Customer Service on May 6, 2022. Posted in Public Companies.

Press release Malmö, Sweden, May 6, 2022 Acarix presents at Naventus Health Care Summit 2022 Helen Ljungdahl Round, President and CEO of Acarix AB (publ), will present at the Naventus Health Care Summit in Stockholm on May 10, 2022. Acarix is one of twelve leading companies within the Healthcare sector to present their views on the present trends in precision medicine and latest innovative technological developments in life science. Acarix is at the forefront of AI-powered acoustic diagnostic technologies in cardiology. The novel CADScor®System is designed for rapid assessment in patients with stable chest pain and suspected CAD. Within 10 minutes, those with low risk can be ruled out with 96% certainty. Millions of people experience chest pain annually and many undergo lengthy diagnostic assessments. As many as 9 out of 10 are found...

Norsk Hydro: Primary insiders have been allocated shares under the Long-Term Incentive program

Written by Customer Service on May 6, 2022. Posted in Public Companies.

Norsk Hydro ASA has a share-based Long-Term Incentive program (“LTI”) in the form of a maximum remuneration of 30 percent of the annual base salary, dependent on two equally weighted performance metrics for the President and CEO and the other members of the Corporate Management Board. The two performance measures are 1) Hydro’s three-year average adjusted RoaCE relative to Hydro’s adjusted RoaCE target and 2) Hydro’s three-year Total Shareholder Return (TSR) relative to a basket of peers. The LTI payment is conditional on Hydro having a positive adjusted EBITDA in the previous year. The participants will be required to invest the net amount after tax in Hydro shares, and they must hold the shares for at least three years. The list below sets out the primary insiders that on May 6, 2022, have been allocated Hydro shares under the LTI plan...

Month: May 2022

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