Month: May 2022

Diana Shipping Inc. Announces the Date for the 2022 First Quarter Financial Results, Conference Call and Webcast

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

ATHENS, Greece, May 05, 2022 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that its financial results for the first quarter ended March 31, 2022 are scheduled to be released before the opening of the U.S. financial markets on Tuesday, May 24, 2022. The Company’s management will conduct a conference call and simultaneous Internet webcast to review these results at 9:00 A.M. (Eastern Time) on Tuesday, May 24, 2022. Investors may access the webcast by visiting the Company’s website at www.dianashippinginc.com, and clicking on the webcast link. An accompanying investor presentation also will be available via the webcast link and on the Company’s website. The conference call also may be accessed...

Silicon Motion Announces Results for the Period Ended March 31, 2022

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

Business HighlightsSales exceeded the high end of guidanceSSD controller sales declined 15% to 20% Q/Q and increased 25% to 30% Y/Y eMMC+UFS controller sales declined 0% to 5% Q/Q and increased 60% to 65% Y/Y SSD solutions sales decreased 5% to 10% Q/Q and increased 40% to 45% Y/YGross margin exceeded the high end of guidance due to a stronger sales mix Repurchased $100 million of ADSs at an average price of $80.19, returning $150 million to shareholders since the program was announced last DecemberFinancial Highlights 1Q 2022 GAAP 1Q 2022 Non-GAAP• Net sales $242.0 million (-8% Q/Q, +33% Y/Y) $242.0 million (-8% Q/Q, +33% Y/Y)• Gross margin 52.1% 52.2%• Operating margin 27.4% 29.8%• Earnings per diluted ADS $1.60 $1.72 TAIPEI, Taiwan and MILPITAS, Calif., May 05, 2022 (GLOBE NEWSWIRE) —...

NextPlay Completes Acquisitions of AI-Powered Game Development Platform and Crypto Asset Management Technology

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

SUNRISE, FL, May 05, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — NextPlay Technologies, Inc. (NASDAQ: NXTP) has completed the previously announced acquisitions of artificial intelligence (AI) game development and crypto asset management technologies that further enhance its digital business ecosystem for digital advertisers, consumers, and video gamers. The company acquired the assets, patents and video game development technology of Fighter Base Publishing, Inc. (FBP) along with its Make It Games™ (‘MIG’) brand. FBP’s proprietary AI animation tools enable game or film characters to animate themselves, and be more lifelike in appearance and behavior, saving producers time and money over traditional animation. Fighter Base Publishing was founded by Mark Vange, who joined NextPlay as its chief technology officer in July of...

Steelcase to Acquire HALCON, Maker of Finely Crafted Wood Furniture for the Modern Workplace

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

Expected acquisition will add to the company’s expanding community of brands, providing designers and customers with an extensive range of wood furnishings and fueling the growth of HALCON GRAND RAPIDS, Mich., May 05, 2022 (GLOBE NEWSWIRE) — Steelcase Inc. announced today it has signed a definitive agreement to acquire HALCON, a Minnesota-based designer and manufacturer of precision-tailored wood furniture for the workplace. This acquisition will complement the current portfolio of Steelcase wood products, offering uncompromising design and master craftsmanship to A+D professionals and customers. Established in 1977, HALCON is a leader in custom wood and executive-level tables, credenzas, and desks. With a culture of quality and innovation, the company’s portfolio features patented award-winning furniture collections for today’s...

CN files shelf prospectus for C$6 billion of debt securities

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

MONTREAL, May 05, 2022 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) announced today that it has filed a final shelf prospectus with Canadian securities regulators and a registration statement with the United States Securities and Exchange Commission (SEC), pursuant to which CN may issue up to C$6 billion of debt securities in Canadian and U.S. markets over the next 25 months. CN expects to use net proceeds from the sale of debt securities under the shelf prospectus for general corporate purposes, including the redemption and refinancing of outstanding indebtedness, share repurchases, acquisitions and other business opportunities. A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time...

Grieg Seafood ASA: Presentation of first quarter 2022 results

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

Grieg Seafood ASA will release its first quarter 2022 results on Friday, May 13, 2022 at 6:00 a.m. CEST. CEO Andreas Kvame and CFO Atle Harald Sandtorv will present the results live at Hotel Continental, Stortingsgaten 24/26, Oslo, and by webcast the same day at 8:00 a.m. CEST. The presentation and the subsequent Q&A will be held in Norwegian. The presentation can be accessed at https://investor.griegseafood.com/reports-&-presentations#quarterly or with the following link https://channel.royalcast.com/landingpage/hegnarmedia/20220513_1/For further enquiries, please contact: Andreas Kvame, CEO Cell phone: +47 907 71 441 Atle Harald Sandtorv, CFO Cell phone +47 908 45 252About Grieg SeafoodGrieg Seafood ASA is one of the world’s leading salmon farmers. Our farms are in Finnmark and Rogaland in Norway, and British Columbia...

Great Elm Group Reports Fiscal 2022 Third Quarter Financial Results

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

Company to Host Conference Call at 9:00 a.m. ET on May 6, 2022 WALTHAM, Mass., May 05, 2022 (GLOBE NEWSWIRE) — Great Elm Group, Inc. (“we,” “us,” “our,” “GEG,” or “Great Elm”), (NASDAQ: GEG), a diversified holding company, today announced financial results for its fiscal third quarter ended March 31, 2022. Acquisition of Monomoy REIT Management Agreements for $10 millionTransformative transaction for GEG’s Investment Management Business detailed in a separate press release issued today Furthers GEG’s Strategy of Adding a Long-Duration Capital Vehicle More Than Doubling AUM and Leveraging GEG’s Resources and Tax Attributes Transaction Contemplates Growth Investment into Monomoy REIT of up to $30 Million Acquisition was Unanimously Approved by GEG’s disinterested Directors and special committeeFiled S-1 Registration Statement...

Commercial Vehicle Market Size Worth USD 990.5 Billion, Globally, by 2028 at 6.5% CAGR – Light Commercial Vehicle Segment is Expected to Hold the Largest Commercial Vehicle Market Share

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

According to Fortune Business Insights, the global commercial vehicle market value is projected to grow from USD 654.9 Billion in 2020 to USD 990.5 billion in 2028, at CAGR of 6.5% during forecast period. Light Commercial Vehicle Segment is expected to dominate market in coming years.Commercial Vehicle Market Share Commercial Vehicle Market Share 2022Pune, India, May 05, 2022 (GLOBE NEWSWIRE) — The global commercial vehicle market size is expected to reach USD 990.5 billion by 2028, exhibiting a CAGR of 6.5% during the forecast period. The increasing IT sector and rapid industrialization across the globe will boost the commercial vehicle market growth in the forthcoming years. According to a report published by Fortune Business Insights, titled “Global Commercial Vehicle Market, 2021-2028,” the market size stood at USD 654.9...

Melco Announces Unaudited First Quarter 2022 Earnings

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

MACAU, May 05, 2022 (GLOBE NEWSWIRE) — Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”), a developer, owner, and operator of integrated resort facilities in Asia and Europe, today reported its unaudited financial results for the first quarter of 2022. Total operating revenues for the first quarter of 2022 were US$474.9 million, representing a decrease of approximately 8% from US$518.9 million for the comparable period in 2021. The decrease in total operating revenues was primarily attributable to heightened border restrictions in Macau related to COVID-19 which led to softer performance in the mass market table games segment. Operating loss for the first quarter of 2022 was US$135.9 million, compared with operating loss of US$162.8 million in the first quarter of 2021. Melco generated Adjusted...

Lithium Americas Reports First Quarter 2022 Results

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

VANCOUVER, British Columbia, May 05, 2022 (GLOBE NEWSWIRE) — Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) has reported financial and operating results for the first quarter ended March 31, 2022. HIGHLIGHTS Argentina Caucharí-OlarozConstruction is advancing with mechanical completion and commencement of commissioning targeted for the second half of 2022.Additional resources continue to be added to accelerate and de-risk commissioning and ramp-up. 1,650 workers are on site with activities carried out as normal. 100% of the workforce have received at least two doses of a COVID-19 vaccine.In early April 2022, the site achieved a milestone of 5,000,000 total person hours without a lost time injury. As of March 31, 2021, 82%, or $605 million, of the $741 million capital budget has been spent. Progress...

Month: May 2022

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