Month: May 2022

NGM Bio Provides Business Highlights and Reports First Quarter 2022 Financial Results

Written by Customer Service on May 5, 2022. Posted in Earnings Releases And Operating Results.

Initiated Phase 1/1b clinical trial of NGM831, an ILT3 antagonist antibody product candidate, as a monotherapy and in combination with KEYTRUDA® (pembrolizumab), for the treatment of patients with advanced solid tumors Presented preclinical research for NGM707, a dual ILT2/ILT4 antagonist antibody product candidate, NGM831 and NGM438, a LAIR1 antagonist product candidate, at the American Association for Cancer Research (AACR) 2022 Annual MeetingSOUTH SAN FRANCISCO, Calif., May 05, 2022 (GLOBE NEWSWIRE) — NGM Biopharmaceuticals, Inc. (NGM Bio) (Nasdaq: NGM), a biotechnology company focused on discovering and developing transformative therapeutics for patients, today provided business highlights and reported financial results for the quarterly period ended March 31, 2022. “We are pleased with the progress that we have made to...

CareTrust REIT Announces First Quarter 2022 Operating Results

Written by Customer Service on May 5, 2022. Posted in Earnings Releases And Operating Results.

Conference Call Scheduled for Friday, May 6, 2022 at 1:00 pm ET SAN CLEMENTE, Calif., May 05, 2022 (GLOBE NEWSWIRE) — CareTrust REIT, Inc. (Nasdaq:CTRE) today reported operating results for the quarter ended March 31, 2022, as well as other recent events. For the quarter, CareTrust REIT reported:95% of contractual rents collected; Net loss of $43.3 million and net loss per share of $0.45; Normalized FFO of $35.9 million, a 5.2% increase over the prior year, and normalized FFO per share of $0.37; Normalized FAD of $37.9 million, a 4.8% increase over the prior year, and normalized FAD per share of $0.39; and A quarterly dividend of $0.275 per share, representing a payout ratio of approximately 71% on normalized FAD.Key Operating Metrics CareTrust’s President and Chief Executive Officer, Dave Sedgwick, commented on the Company’s...

Alkami Announces First Quarter 2022 Financial Results

Written by Customer Service on May 5, 2022. Posted in Earnings Releases And Operating Results.

PLANO, Texas, May 05, 2022 (GLOBE NEWSWIRE) — Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for U.S. banks and credit unions, today announced results for its first quarter ending March 31, 2022. First Quarter 2022 Financial HighlightsGAAP total revenue of $44.8 million, an increase of 35% compared to the year-ago quarter; GAAP gross margin of 55%, compared to 53% in the year-ago quarter; Non-GAAP gross margin of 58%, compared to 55% in the year-ago quarter; GAAP net loss of ($13.4) million, compared to ($10.9) million in the year-ago quarter; and Adjusted EBITDA loss of ($3.6) million, compared to ($6.1) million in the year-ago quarter.Comments on the News Alex Shootman, Chief Executive Officer, said, “In the first quarter, sales performance continued to thrive....

CDK Global, Inc. Reports Third Quarter Fiscal 2022 Results

Written by Customer Service on May 5, 2022. Posted in Earnings Releases And Operating Results.

Revenue Growth of 6% Year over Year HOFFMAN ESTATES, Ill., May 05, 2022 (GLOBE NEWSWIRE) — CDK Global, Inc. (NASDAQ: CDK) today announced financial results for its fiscal 2022 third quarter ended March 31, 2022.Revenue of $459.7 million in the third quarter ended March 31, 2022 Revenue growth of 6% year-over-year driven by both core and acquisition related businesses Strong subscription growth due to contributions from site growth, revenue-per-site growth and the increased adoption of modern retail capability at dealerships GAAP Diluted earnings per share of $0.56; Non-GAAP Adjusted diluted earnings per share of $0.78 Adjusted EBITDA year-over-year growth of 5% and EPS growth of 13% year-over-year Operating cash flow, continuing operations, of $324.5 million CDK is not providing guidance for the fourth quarter or fiscal year...

Applied Optoelectronics Reports First Quarter 2022 Results

Written by Customer Service on May 5, 2022. Posted in Earnings Releases And Operating Results.

Selected as a supplier of 400G products by a major hyperscale datacenter customer SUGAR LAND, Texas, May 05, 2022 (GLOBE NEWSWIRE) — Applied Optoelectronics, Inc. (NASDAQ: AAOI), a leading provider of fiber-optic access network products for the internet datacenter, cable broadband, telecom and fiber-to-the-home (FTTH) markets, today announced financial results for its first quarter 2022 ended March 31, 2022. “Market conditions met our expectations during the quarter and revenue, non-GAAP EPS and gross margin were all in-line with our guidance,” said Dr. Thompson Lin, Applied Optoelectronics Inc. Founder, President and Chief Executive Officer. “Our CATV segment continued to deliver robust growth and we believe that this strength will continue throughout the year and into 2023. We are also pleased to report that AOI was selected...

A-Mark Precious Metals Reports Fiscal Third Quarter 2022 Results

Written by Customer Service on May 5, 2022. Posted in Dividend Reports And Estimates.

Company Announces a Two-for-One Stock Split in the form of a Stock Dividend EL SEGUNDO, Calif., May 05, 2022 (GLOBE NEWSWIRE) — A-Mark Precious Metals, Inc. (NASDAQ: AMRK), a leading fully integrated precious metals platform, reported results for the fiscal third quarter ended March 31, 2022. Fiscal Third Quarter 2022 Financial HighlightsRevenues for the three months ended March 31, 2022 increased 3% to $2.11 billion from $2.05 billion for the three months ended March 31, 2021 and increased 8% from $1.95 billion for the three months ended December 31, 2021 Gross profit for the three months ended March 31, 2022 increased 6% to $72.1 million from $68.2 million for the three months ended March 31, 2021 and increased 9% from $65.9 million for the three months ended December 31, 2021 Gross profit margin for the three months ended...

GCC Announces Dividend Payment and Share Buyback Program Reactivation

Written by Customer Service on May 5, 2022. Posted in Dividend Reports And Estimates.

CHIHUAHUA, Mexico, May 05, 2022 (GLOBE NEWSWIRE) — GCC, S.A.B. de C.V. (BMV: GCC* or, “the Company”), a leading producer of cement and concrete in the United States and Mexico, today announced that the General Shareholders’ Meeting held on April 28, 2022, declared a Ps. 1.1621 dividend per share, which comes from the balance of the net earnings on a tax basis corresponding to the fiscal year 2013 and previous years. The declared dividend will be paid on May 17, 2022, and the payment will be made through S.D. Indeval, against delivery of coupon 19 of the current share certificates. In addition, GCC will reactivate its previously-authorized stock buyback program. Under the terms of the Company’s plan, purchases may be made from time to time in the open market up to US$50 million. Enrique Escalante, GCC’s CEO, stated,...

Fortis Inc. Shareholders Approve Election of Directors, Appointment of Auditors, Say on Pay and Amendment of Employee Share Purchase Plan

Written by Customer Service on May 5, 2022. Posted in Public Companies.

ST. JOHN’S, Newfoundland and Labrador, May 05, 2022 (GLOBE NEWSWIRE) — Fortis Inc. (“Fortis” or the “Corporation”) (TSX/NYSE: FTS) announced the voting results from its Annual and Special Meeting of Shareholders held today. Shareholders voted in favour of all items of business before the meeting, including: electing the nominated directors; appointing Deloitte LLP as the Corporation’s auditors; on an advisory basis to accept the Corporation’s approach to executive compensation; and the amendment of the Corporation’s second amended and restated 2012 employee share purchase plan to increase the share reserve. Election of Directors Fortis shareholders elected the following 13 individuals to the Board to serve until the next Annual Meeting of Shareholders or until their successors are...

California Research Alliance by BASF activates 100 research projects to address key sustainability challenges

Written by Customer Service on May 5, 2022. Posted in Public Companies.

BASF and UC Berkeley extend alliance for another five yearsResearch advancements presented at Spring Review event Notable research progress in inorganic and biobased materialsFLORHAM PARK, N.J., May 05, 2022 (GLOBE NEWSWIRE) — The California Research Alliance (CARA) by BASF has led to 100 research projects between the chemical company and the more than 10 universities that are part of CARA since its establishment in 2014. The research projects in the areas of new functional materials, catalysis, chemical synthesis, engineering processes, biosciences, formulations and digitalization, have generated more than 30 patent applications and nearly 70 peer-reviewed articles. To continue this successful research approach, BASF and the University of California, Berkeley (UC Berkeley) signed a five-year extension of the CARA collaboration...

E.A. Buck Financial Services Announces Business Acquisition of Bellevue-based LeVeque Financial Services, Inc.

Written by Customer Service on May 5, 2022. Posted in Mergers And Acquisitions.

The business combination will expand the company’s scope and services in the Bellevue area and position E.A. Buck Financial Services in Washington State. BELLEVUE, May 05, 2022 (GLOBE NEWSWIRE) — E.A. Buck Financial Services, a provider of financial planning and wealth management services, announced today its acquisition of Bellevue-based LeVeque Financial Services, Inc. The company will continue to provide services and maintain operations out of its Bellevue office, but with the additional resources, staff, and brand of E.A. Buck Financial Services. “E.A. Buck Financial Services and LeVeque Financial Services, Inc. share a common goal – to provide financial planning solutions to everyday men and women in our communities,” says Brad LeVeque, President of LeVeque Financial Services, Inc. “I look forward to combining our passions...

Month: May 2022

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