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Month: May 2022

Black Hills Corp. Reports Strong First Quarter 2022 Results and Reaffirms Earnings Guidance

RAPID CITY, S.D., May 04, 2022 (GLOBE NEWSWIRE) — Black Hills Corp. (NYSE: BKH) today announced financial results for the first quarter of 2022. Net income for the first quarter of 2022 compared to the first quarter of 2021 was:  Three Months Ended March 31,  2022   2021(in millions, except per share amounts) Income EPS   Income EPSNet income $ 117.5 $ 1.82   $ 96.3 $ 1.54                   Earnings per share increased 18% in the first quarter of 2022 compared to the first quarter of 2021. Excluding $0.15 of negative impacts from Winter Storm Uri last year, earnings per share increased 8%. Earnings benefited from new rates and rider recovery, customer growth, increased off-system energy sales and mark-to-market benefits on energy contracts. “I’m pleased with our strong first quarter financial and operational performance,”...

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AnaptysBio Announces First Quarter 2022 Financial Results and Provides Pipeline Update

Top-line data from the ongoing imsidolimab (anti-IL-36R Ab) HARP Phase 2 trial in moderate-to-severe hidradenitis suppurativa is anticipated in Q3 2022 Top-line data from the ongoing imsidolimab GEMINI-1 Phase 3 trial in GPP is anticipated in Q4 2023 Top-line data from the ongoing rosnilimab (anti-PD-1 agonist Ab) AZURE Phase 2 trial in moderate-to-severe alopecia areata is anticipated in H1 2023 Ended Q1 2022 with approximately $596.8 million in cash with anticipated 2022 net cash burn of $90 to $100 millionSAN DIEGO, May 04, 2022 (GLOBE NEWSWIRE) — AnaptysBio, Inc. (Nasdaq: ANAB), a clinical-stage biotechnology company developing first-in-class antibodies focused on emerging immune control mechanisms applicable to inflammation and immuno-oncology indications, today reported operating results for the first quarter ended March...

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Costco Wholesale Corporation Reports April Sales Results

ISSAQUAH, Wash., May 04, 2022 (GLOBE NEWSWIRE) — Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $17.33 billion for the retail month of April, the four weeks ended May 1, 2022, an increase of 13.9 percent from $15.21 billion last year. For the thirty-five weeks ended May 1, 2022, the Company reported net sales of $147.33 billion, an increase of 16.4 percent from $126.58 billion during the similar period last year. Comparable sales were as follows:               4 Weeks   35 Weeks    U.S. 13.8%   15.8%    Canada 16.0%   16.0%    Other International 2.6%   8.4%               Total Company 12.6%   14.8%               E-commerce 5.7%   11.7%             Comparable sales excluding the impacts from changes in gasoline prices and foreign exchange were...

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DCP Midstream Reports Record First Quarter Results

DENVER, May 04, 2022 (GLOBE NEWSWIRE) — Today, DCP Midstream, LP (NYSE: DCP) reported its financial results for the three months ended March 31, 2022. HIGHLIGHTSFor the three months ended March 31, 2022, DCP had net income attributable to partners of $80 million, net cash provided by operating activities of $189 million, adjusted EBITDA of $436 million, and distributable cash flow of $337 million. Generated $247 million of excess free cash flow for the three months ended March 31, 2022, after fully funding distributions and growth capital. Record financial performance with increases in adjusted EBITDA of 32%, distributable cash flow of 54%, and excess free cash flow of 102% quarter over quarter. Closed the quarter with 3.3 times leverage. Renewed $1.4 billion credit facility, now linked to sustainability KPIs. Amended an existing...

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RPT Realty Reports First Quarter 2022 Results; Raises Full Year 2022 Outlook

Financial and Investment HighlightsNet income attributable to common shareholders for the first quarter 2022 of $4.1 million, or $0.05 per diluted share, compared to $15.2 million, or $0.19 per diluted share for the same period in 2021.First quarter 2022 operating funds from operations per diluted share of $0.26 representing year-over-year growth of 36.8% primarily driven by net acquisition and management fee income growth, in addition to same property NOI growth of 9.9%.Closed on the acquisition of The Crossings shopping center in the Boston market for $104.0 million in April, demonstrating the Company’s continued ability to accretively source off-market deals and elevating Boston to the Company’s second largest market by annualized base rent (“ABR”).Sold 1.3 million common shares on a forward basis under...

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Altus Acquires Leading Property Tax Management Software itamlink

TORONTO, May 04, 2022 (GLOBE NEWSWIRE) — Altus Group Limited (ʺAltus” or “the Company”) (TSX: AIF), a market leading Intelligence as a Service provider to the global commercial real estate (“CRE”) industry, announced today that on May 1, 2022, it acquired Rethink Solutions Inc. (“Rethink Solutions”), the developer of the itamlink property tax management software. The acquisition brings a complementary software offering, property tax-focused technical talent, and strong customer relationships. “Trusted by many large organizations across the U.S. and Canada, the itamlink software helps clients improve productivity by efficiently managing real estate tax and assessments across multi-property portfolios,” commented Alex Probyn, Global President of Property Tax at Altus. “It’s a highly complementary addition to our current portfolio...

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WIRELESS TELECOM GROUP ANNOUNCES FIRST QUARTER FINANCIAL RESULTS WILL BE RELEASED MAY 11, 2022

Parsippany, New Jersey, USA, May 04, 2022 (GLOBE NEWSWIRE) — Wireless Telecom Group, Inc. (NYSE American: WTT), a leader in wireless communications and radio frequency instrumentation, announced it will release its financial results for the three months ended March 31, 2022 on Wednesday, May 11, 2022, before the market opens. The Company will host a conference call on Wednesday, May 11, 2022 at 8:30 am EDT in which management will discuss its financial results. To participate in the conference call, dial 800-346-7359 or 973-528-0008. The conference identification number is 818215. The call will also be webcast over the internet at the following URL: https://www.webcaster4.com/Webcast/Page/1690/45503 A replay will be made available on the Wireless Telecom website following the conference call. – END – About Wireless...

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EURO Ressources reports earnings for the first quarter ended March 31, 2022

  NEWS RELEASE Paris: EUREURO RESSOURCES REPORTS EARNINGS FOR THE FIRST QUARTER ENDED MARCH 31, 2022 Paris, France, May 4, 2022: EURO Ressources S.A. (“EURO” or “the Company”) (Paris: EUR) today announced its unaudited statutory interim financial results prepared in accordance with International Financial Reporting Standards (“IFRS”) for the first quarter ended March 31, 2022. These unaudited interim financial statements were approved by the Board of Directors on May 4, 2022. All financial amounts are expressed in Euros (“€” or “euros”) unless otherwise specified. Highlights Under IFRS, EURO reported a net profit of €3.2 million (€0.051 per share) for the first quarter of 2022, compared to €1.8 million (€0.030 per share) for the first quarter of 2021.   EURO recorded revenues of €4.8 million in the first quarter of 2022 compared...

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Proactive news headlines including Pfizer, Mountain Boy Minerals, Southern Silver Exploration, Playgon Games, Ortho Regenerative Technologies, QC Copper and Gold and Power Nickel

New York , May 04, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies:Pfizer accused of profiteering after reporting further leap in Covid vaccine sales  click here Sonoro Gold says it has filed an environmental impact statement for its Cerro Caliche gold project in Sonora, Mexico  click here Vuzix set to reveal its OEM design and manufacturing platform offering at SID Display Week 2022  click here Aftermath Silver finds silver, copper, manganese intercepts in first assay results from Berenguela project in Peru click here Mountain Boy Minerals continues data collection at Telegraph copper-gold property ahead of 2022 field season  click here Southern Silver Exploration extends silver-polymetallic mineralization...

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Presentation of Novel Membrane-Based Technology to Purify Bio-Oils and Biodiesel

Chief Scientist Presents at the 2022 American Oil Chemist’s Society Meeting Novel Technology for Membrane–Based Oil & Biodiesel PurificationAustin, Texas, May 04, 2022 (GLOBE NEWSWIRE) — NEXT-ChemX Corporation’s (OTC: CHMX) Chief Scientist, Dr. Nikolai Kocherginsky and Chemical Engineer, Sumukh Metawala, made a presentation entitled “Membrane-Based Oil & Biodiesel Washing” during the 2022 American Oil Chemists’ Society (AOCS) Annual Meeting, held May 1-4 in Atlanta, Georgia.  The presentation was based upon patented and proprietary technology assigned to Next-ChemX Corporation. Bio-oils and biodiesel require purification, also known as washing, which can be done with NEXT-ChemX technology in a continuous fast process that does not require mixing. For example, the purified diesel would have the following advantages:No...

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