Month: May 2022

Highlights:Delivered Net Sales of $102.6 Million Recorded Net Loss of $3.9 million, or $(0.18) of Diluted EPS Adjusted EBITDA was $4.6 million, compared to $10.7 million in 1Q21 Reiterated 2022 guidance Paid $0.29 per share cash dividend on March 31, 2022MILWAUKEE, May 02, 2022 (GLOBE NEWSWIRE) — Douglas Dynamics, Inc. (NYSE: PLOW), North America’s premier manufacturer and upfitter of work truck attachments and equipment, today announced financial results for the first quarter ended March 31, 2022. “While we faced a difficult comparison this quarter, we delivered results that were in line with our expectations, and see positive demand trends continuing this year,” noted Bob McCormick, President & CEO. “Like many companies operating in the work truck sector, we continue to be impacted by supply chain constraints that...

CALGARY, Alberta, May 02, 2022 (GLOBE NEWSWIRE) — Sugarbud Craft Growers Corp. (TSXV: SUGR, SUGR.DB, SUGR.WR, SUGR.WS, SUGR.WT) (OTCQB: SBUDF) (“Sugarbud” or the “Company“) is pleased to announce the filing of its audited financial statements (“Financial Statements“) for the year-ended December 31, 2021 and related management’s discussion and analysis (“MD&A“). Sugarbud’s Financial Statements and MD&A are available on SEDAR at www.sedar.com and on Sugarbud’s website. FISCAL 2021 HIGHLIGHTS SIGNIFICANT YEAR-OVER-YEAR INCREASE IN TOPLINE REVENUE & CONSUMER DEMAND | Sugarbud grew topline gross revenue on an unadjusted basis by over 348% ($2,400,193 in 2021 vs. $535,756 in 2020) and by over 300% on an as reported basis ($2,194,008 in 2021, $535,756 in...

Total contract drilling revenues were $586 million, compared to $621 million in the fourth quarter of 2021 (total adjusted contract drilling revenues of $615 million, compared to $671 million in the fourth quarter of 2021); Revenue efficiency(1) was 94.9%, compared to 94.5% in the prior quarter; Operating and maintenance expense was $412 million, compared to $430 million in the prior period; Net loss attributable to controlling interest was $175 million, $0.26 per diluted share, compared to $260 million, $0.40 per diluted share, in the fourth quarter of 2021; Adjusted EBITDA was $163 million, compared to $250 million in the prior quarter; Contract backlog was $6.1 billion as of the April 2022 Fleet Status Report; and Not included in this backlog is a new 10-well contract in Angola for Deepwater Skyros at $310,000 per day, excluding services...

SPRINGFIELD, Ill., May 02, 2022 (GLOBE NEWSWIRE) — Town and Country Financial Corporation (the “Company”) (OTC Pink: TWCF) today announced financial results for the first quarter of 2022 with record net income. Key highlights included:First quarter 2022 net income of $3.9 million or $1.37 per share, compared to $2.8 million or $0.99 per share in the first quarter of 2021. Return on Tangible Common Equity (ROTCE) of 19.92% for the quarter-to-date period ending March 31, 2022, compared to 16.29% in the same quarter of 2021. Dividend declared of $0.14 per share.Micah R. Bartlett, President and Chief Executive Officer, noted, “We are extremely proud to report our strongest first quarter ever. Our results reflect our excellent asset quality, well positioned balance sheet, and balanced business model based on our core focus of commercial...

TORONTO, May 02, 2022 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES” or the “REIT”) (TSX: ERE.UN) announced today its results for the three months ended March 31, 2022. ERES’s unaudited condensed consolidated interim financial statements and management’s discussion and analysis (“MD&A”) for the three months ended March 31, 2022 can be found at www.eresreit.com or under ERES’s profile at www.sedar.com. ONWARD AND UPWARD IN 2022Investment property portfolio value up by 6% since the prior year end Rental growth of 5.3% versus the prior year period, including 3.8% on stabilized assets Net operating income increase of 15% versus the prior year period, including 5% on stabilized contribution FFO and AFFO per Unit increased significantly, up by 17% and...

NASHVILLE, Tenn., May 02, 2022 (GLOBE NEWSWIRE) — Ryman Hospitality Properties, Inc. (NYSE: RHP), a lodging real estate investment trust (“REIT”) specializing in group-oriented, destination hotel assets in urban and resort markets, today reported financial results for the three months ended March 31, 2022. First Quarter 2022 Highlights and Recent Developments:Impacted by group cancellations early in the quarter due to the Omicron variant, the Company generated Q1 2022 Net Loss available to common shareholders of $(24.6) million and consolidated Adjusted EBITDAre of $69.0 million. Driven by strong leisure ADR and occupancy and the rapid recovery in group travel from the Omicron variant, Hospitality occupancy reached 63.3% in March, compared to the month of January when occupancy was 32.8%. Business levels rebounded quickly in...

Technology Revenues Grew Approximately 27% Year-Over-Year, Per Billing Day, and 35% Over the First Quarter of 2020 Earnings Per Share of $0.93 Grew 50% Year-Over-Year   TAMPA, Fla., May 02, 2022 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by Kforce Inc. (Nasdaq: KFRC), please note the incorrect dial-in number for the conference call was provided. The dial-in number should be (888) 550-5417. The corrected release follows: Kforce Inc. (Nasdaq: KFRC), a solutions firm that specializes in technology and other professional staffing services, today announced results for the first quarter of 2022. Quarterly Financial HighlightsRevenue for the quarter ended March 31, 2022 was $417.0 million and increased 13.0% year-over-year, per billing day. Excluding the impact of the planned run off in the COVID-19...

NEWMARKET, Ontario, May 02, 2022 (GLOBE NEWSWIRE) — ANB Canada Inc. (the “Corporation”) is pleased to announce that it has filed its annual audited financial statements (“Financial Statements”) and management’s discussion & analysis (“MD&A”) for the year ended December 31, 2021. A copy of the Financial Statements and MD&A are available on SEDAR at www.sedar.com. About the Business The Corporation offers turnkey over-the-counter (“OTC”) sales and distribution services to manufacturers in the Canadian Food, Drug and Mass marketplace. The Corporation not only markets, sells, warehouses and distributes consumer OTC brands, but also helps manufacturers in a number of other areas including navigating Canadian regulatory guidelines. Further Information For further information, please contact: Brent Larkan, Chief Executive...