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Month: May 2022

CVR Energy Reports First Quarter 2022 Results and Announces a Cash Dividend of 40 cents

Declared a first quarter 2022 cash dividend of 40 cents per share Will receive $9 million from CVR Partners’ declared first quarter 2022 cash distribution of $2.26 per common unit Completed Wynnewood refinery turnaround on time and on budget Successfully completed conversion and startup of Wynnewood’s renewable diesel unitSUGAR LAND, Texas, May 02, 2022 (GLOBE NEWSWIRE) — CVR Energy, Inc. (“CVR Energy” or the “Company”) (NYSE: CVI) today announced net income of $94 million, or 93 cents per diluted share, on net sales of $2.4 billion for the first quarter of 2022, compared to a net loss of $39 million, or 39 cents per diluted share, on net sales of $1.5 billion for the first quarter of 2021. First quarter 2022 EBITDA was $278 million, compared to first quarter 2021 EBITDA of less than $1 million. “CVR Energy reported solid results...

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CVR Partners Reports First Quarter 2022 Results and Announces a Cash Distribution of $2.26

SUGAR LAND, Texas, May 02, 2022 (GLOBE NEWSWIRE) — CVR Partners, LP (“CVR Partners” or the “Partnership”) (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (“UAN”) solution fertilizer products, today announced net income of $94 million, or $8.78 per common unit, on net sales of $223 million for the first quarter of 2022, compared to a net loss of $25 million, or $2.37 per common unit, on net sales of $61 million for the first quarter of 2021. EBITDA was $123 million for the first quarter of 2022, compared to EBITDA of $5 million for the first quarter of 2021. “CVR Partners achieved strong first quarter results led by robust global industry conditions,” said Mark Pytosh, Chief Executive Officer of CVR Partners’ general partner. “The U.S. spring crop planting season is progressing and a good season will be critical...

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Mueller Water Products Reports 2022 Second Quarter Results

Increased Net Sales 16.1 percent to $310.5 million Generated Net Income and Adjusted Net Income per Diluted Share of $0.15 ATLANTA, May 02, 2022 (GLOBE NEWSWIRE) — Mueller Water Products, Inc. (NYSE: MWA) announced today that for its fiscal 2022 second quarter ended March 31, 2022, net sales were $310.5 million and net income was $23.6 million. During the 2022 second quarter, the Company:Increased net sales 16.1 percent to $310.5 million as compared with $267.5 million in the prior year quarter. Reported operating income of $34.2 million as compared with $33.4 million in the prior year quarter and generated adjusted operating income of $34.8 million as compared with $35.2 million in the prior year quarter. Increased net income 12.9 percent to $23.6 million as compared with net income of $20.9 million in the prior year quarter...

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Exco Technologies Limited Closes Acquisition of Halex Extrusion Dies

TORONTO, May 02, 2022 (GLOBE NEWSWIRE) — Exco Technologies Limited (TSX-XTC, OTCQX-EXCOF) a global supplier of innovative technologies servicing the die-cast, extrusion and automotive industries, today announced it closed the acquisition of the extrusion dies business of Halex Holdings GmbH (“Halex® Extrusion Dies”) effective Monday May 2, 2022. Halex Extrusion Dies was founded in 1997 and operates four key manufacturing locations – two in Germany and two in the northern industrial region of Italy. The company is the second largest manufacturer of aluminium extrusion dies in Europe and the continent’s leading supplier of complex extrusion dies. Halex will complement Exco’s six existing extrusion die operations, located in Canada, USA (2), Mexico, Colombia and Brazil. As previously announced on December 20, 2021, the transaction...

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Constellation Software’s Harris Operating Group Completes Acquisition of Allscripts Hospitals and Large Physician Practices Business Segment

TORONTO, May 02, 2022 (GLOBE NEWSWIRE) — Constellation Software Inc. (“Constellation”) (TSX:CSU) announced today that it has, through its wholly-owned subsidiary, N. Harris Computer Corporation (“Harris”), completed the purchase from Allscripts Healthcare Solutions (“Allscripts”) of Allscripts’ Hospitals and Large Physician Practices business segment.  About the Harris Operating Group Harris provides mission critical software solutions for the Public Sector, Healthcare, Utilities and Private Sector verticals throughout North America, Europe, Asia and Australia.  Harris’ focus is on creating long-term relationships with its customers and ensuring that it meets the changing needs of its customers over time. Further information about Harris may be obtained from its website at www.harriscomputer.com.  About Constellation Software Inc. Constellation’s...

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Global Internet of People, Inc. Announces 2021 Fiscal Year Financial Results

BEIJING, May 02, 2022 (GLOBE NEWSWIRE) — Global Internet of People, Inc. (“SDH” or the “Company”) (NASDAQ: SDH), today announced its financial results for the fiscal year ended December 31, 2021.  For fiscal years ended December 31($ millions, except per share data, differences due to rounding)   2021       2020   % ChangeNet Revenues $ 7.41     $ 23.18   (68.03 %)Total costs and operating expenses $ 14.82     $ 8.46   75.18 %(Loss) profit from operation $ (7.41 )   $ 14.73   (150.31 %)Net (loss) income attributable to controlling shareholders $ (8.40 )   $ 12.09   (169.48 %)(Loss) earnings per share – Basic and Diluted $ (0.36 )   $ 0.72   (149.41 %)                   Mr. Haiping Hu, Chairman of the Board of the Directors and CEO of SDH, commented: “During fiscal year 2021, our operations continued to...

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Robex: 2021 Sustainable Growth Strategy Validation and 2022 New Dimension Resulting From the Business Combination With Sycamore

QUÉBEC CITY, May 02, 2022 (GLOBE NEWSWIRE) — Robex Resources Inc. (“Robex“, “the Group” or “the Company“) (TSXV: RBX) is pleased to publish their financial results for the year ending December 31, 2021, and their production results for the first quarter of 2022. All amounts are in Canadian dollars (CAD). 2021 Corporate Operating and Financial Results HighlightsThe 2021 production amounts to 46,554 oz in concordance with the revised objective of >45,000 oz. The 2021 operational result amounts to CAD 37.1 million (vs. CAD 48.5 million in 2020) due in part to the production decrease resulting from the expected decrease of the grades and of the gold price. The 2021 net result of CAD 15.9 million attributable to shareholders (vs. CAD 44.6 million in 2020) includes an exceptional CAD 14.3 million...

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Proactive news headlines including Nomad Royalty Company, Tiidal Gaming, Golden Minerals, Canada Silver Cobalt Works, and Cloud DX

New York, May 02, 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:Nomad Royalty Company agrees to be acquired by Sandstorm Gold in C$755M all-stock transaction click here  Canada Silver Cobalt Works strikes deal to acquire under-explored cobalt properties in prospective Ontario mining district click here Tiidal Gaming says Sportsflare nominated as a finalist for the ‘esports betting supplier’ award category in the 2022 EGR B2B Awards click here Golden Minerals says mining operations executive John Galassini has joined as its chief operating officer, effective May 9, 2022 click here Cloud DX reports record subscription revenue in 2021 click here Plurilock Security reports strong full-year revenue growth; appoints...

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Intrepid Announces First Quarter 2022 Results

Denver, CO, May 02, 2022 (GLOBE NEWSWIRE) — Intrepid Potash, Inc. (“Intrepid”, the “Company”, “we”, “us”, “our”) (NYSE:IPI) today reported its results for the first quarter of 2022. Key Highlights for Q1 2022Total sales increased to $104.4 million compared to $71.5 million in the first quarter of 2021 as potash and Trio® net realized sales prices(1) increased to $703 and $469 per ton, respectively. Net income of $31.4 million (or $2.31 per share), a $29.0 million improvement compared to Q1 2021. Gross margin of $47.2 million, a $38.1 million improvement over the prior year. Cash flow from operations of $34.1 million, a $15.0 million improvement over the prior year. Adjusted EBITDA(1) of $50.2 million, which was a $37.3 million improvement over the prior year, and a $25.4...

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Vornado Announces First Quarter 2022 Financial Results

NEW YORK, May 02, 2022 (GLOBE NEWSWIRE) — Vornado Realty Trust (NYSE: VNO) reported today: Quarter Ended March 31, 2022 Financial Results NET INCOME attributable to common shareholders for the quarter ended March 31, 2022 was $26,478,000, or $0.14 per diluted share, compared to $4,083,000, or $0.02 per diluted share, for the prior year’s quarter. Adjusting for the items that impact period-to-period comparability listed in the table below, net income attributable to common shareholders, as adjusted (non-GAAP) for the quarter ended March 31, 2022 was $31,682,000, or $0.16 per diluted share, and $12,446,000, or $0.06 per diluted share for the quarter ended March 31, 2021. FUNDS FROM OPERATIONS (“FFO”) attributable to common shareholders plus assumed conversions (non-GAAP) for the quarter ended March 31, 2022 was...

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