Month: May 2022

SPOKANE, Wash., May 04, 2022 (GLOBE NEWSWIRE) — Avista Corp. (NYSE: AVA) today reported net income of $71.6 million, or $0.99 per diluted share for the first quarter of 2022, compared to $68.0 million, or $0.98 per diluted share for the first quarter of 2021. “We had a solid start to 2022, as Avista Utilities earnings were above our expectations. We are pleased with the results of the first quarter. Our performance was partially the result of the timing of certain expenses. For the remainder of 2022 we anticipate seeing higher interest costs and energy costs based upon the current economic environment. However, we are proactively managing these issues and are on track to meet our consolidated earnings targets for the full year,” said Avista President and CEO Dennis Vermillion. “Both AEL&P and our other businesses met...

BROOKFIELD, News, May 04, 2022 (GLOBE NEWSWIRE) — Brookfield Infrastructure Partners L.P. (Brookfield Infrastructure, BIP, or the Partnership) (NYSE: BIP; TSX: BIP.UN) today announced its results for the first quarter ended March 31, 2022. “The prevailing market environment continues to favorably impact our business and drive record results,” said Sam Pollock, Chief Executive Officer of Brookfield Infrastructure. “The combination of elevated inflation, GDP-related volume increases, and strong commodity prices contributed to organic growth of 10% during the quarter. We continue to advance a sizeable pipeline of active investment opportunities and maintain a strong liquidity position to fund our growth.”  For the three monthsended March 31US$ millions (except per unit amounts), unaudited1   2022     2021Net income attributable...

WATERLOO, Ontario, May 04, 2022 (GLOBE NEWSWIRE) — Descartes Systems Group (TSX: DSG) (Nasdaq:DSGX), the global leader in uniting logistics-intensive businesses in commerce, is scheduled to report its first-quarter fiscal 2023 financial results after market close on Wednesday, June 1, 2022. Members of Descartes’ executive management team will host a conference call to discuss the company’s financial results at 5:30 p.m. ET on Wednesday, June 1. Designated numbers are +1 866 455 3403 for North America and +1 647 484 8332 for international, using Passcode 67788302# The company will simultaneously conduct an audio webcast on the Descartes website at www.descartes.com/descartes/investor-relations. Phone conference dial-in or webcast log-in is required approximately 10 minutes beforehand. Replays of the conference call will...

Appointed Gilmore O’Neill as CEO effective June 1, 2022; James C. Mullen to serve as Executive Chairman First pediatric patient dosed in Phase 1/2 BRILLIANCE trial of EDIT-101 for LCA10; clinical data update expected in 2H 2022 On track to dose first SCD patient in 1H 2022 and first TDT patient by year-end with EDIT-301; initial SCD data expected by year-end Preclinical data demonstrated that edited iNK cells increased persistence, enhanced anti-tumor activity, and extended survival, supporting continued development as a novel therapeutic approach for solid tumors Favorable USPTO patent interference decision issued to The Broad Institute affirming foundational CRISPR/Cas9 intellectual property CAMBRIDGE, Mass., May 04, 2022 (GLOBE NEWSWIRE) —  Editas Medicine, Inc. (Nasdaq: EDIT), a leading genome editing company, today reported...

Q1 2022 Financial HighlightsRevenue increases 9% year-over-year to $949 million, includes organic growth of 6% Strong revenue driven by Critical Infrastructure organic growth of 8% and Federal Solutions organic growth of 4% Net income increases 129% to $21 million Adjusted EBITDA increases 8% to $74 million Book-to-bill ratio of 1.0x in Q1 2022; trailing twelve-month ratio of 1.2xStrategic HighlightsReported highest first quarter adjusted EBITDA and operating cash flow since IPO Hiring and retention momentum continues Awarded three contracts each valued at or more than $100 million Notable ESG recognition, including named as one of the world’s most ethical companies for the 13th consecutive year Reiterates fiscal year 2022 guidanceCENTREVILLE, Va., May 04, 2022 (GLOBE NEWSWIRE) — Parsons Corporation (NYSE: PSN) today announced...

First Quarter 2022 ResultsAll amounts expressed in US dollars TORONTO, May 04, 2022 (GLOBE NEWSWIRE) — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today announced a $0.20 per share quarterly dividend, the first to include a $0.10 per share performance component in line with its new dividend policy. President and chief executive Mark Bristow said the Company’s net cash balance at the end of Q1 stood at $743 million, reflecting cash flow from the operations, the continuing sale of non-core assets, and its share of a further $0.6 billion in cash distributions by Kibali. Since agreement on the repatriation of revenue from Kibali was reached with the Democratic Republic of Congo (DRC) last year, Kibali has delivered $1.2 billion (on a 100% basis) in the form of dividends and debt repayments, inclusive of distributions received subsequent...