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Month: May 2022

With 9.8% CAGR, Property Management Market Size worth USD 37.25 Billion in 2029 | Property Management Industry Size, Research & Analysis

According to Fortune Business Insights, the global property management market size is projected to reach USD 37.25 billion in 2029, at CAGR of 9.8% during forecast period; Evolving Trend of Workforce Mobility to Strengthen Growth Pune, India, May 02, 2022 (GLOBE NEWSWIRE) — The property management market size garnered USD 17.69 billion in 2021. The market is slated to rise from USD 19.33 billion in 2022 to USD 37.25 billion by 2029 at a 9.8% CAGR during the forecast period. Fortune Business Insights™ has elucidated these insights in its latest research report titled, “Property Management Market, 2022-2029.” Key Industry Development April 2021 – Trimble, Inc. bolstered the availability of Trimble Quadri BIM collaboration software for civil projects, including roads, bridges, and railways.Request a Sample Copy of the Research...

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Green Plains Partners Reports First Quarter 2022 Financial Results

Results for the First Quarter of 2022Net income of $10.4 million, or $0.44 per common unit Adjusted EBITDA of $12.6 million and distributable cash flow of $11.2 million Quarterly cash distribution increased to $0.445 per unit Distribution coverage ratio of 1.06x, LTM distribution coverage ratio of 1.32x Reduced term debt by $1.0 million Leverage ratio of 1.15xOMAHA, Neb., May 02, 2022 (GLOBE NEWSWIRE) — Green Plains Partners LP (NASDAQ:GPP) today announced financial and operating results for the first quarter of 2022. Net income attributable to the partnership was $10.4 million, or $0.44 per common unit, for the first quarter of 2022, compared with net income of $10.7 million, or $0.45 per common unit, for the same period in 2021. The partnership also reported adjusted EBITDA of $12.6 million and distributable cash flow of...

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Canadian North Resources Inc. Announces Financial Results for the Year Ended December 31, 2021

Highlights: Raised over $22 Million, Ended Year with Over $19 Million in Cash, Strengthened Management Team and Board of Directors, Completed NI43-101 Technical Report, Planned $11 million Exploration Programs, Prepared for 15,000-meter 2022 Drill Program TORONTO, May 02, 2022 (GLOBE NEWSWIRE) — Canadian North Resources Inc. (“the Company”, TSXV: CNRI) is pleased to report the financial results for the year ended December 31, 2021. ”The Company has achieved a key milestone today,” said Dr. Kaihui Yang, the President & CEO, “We have accomplished a lot during the past year and have successfully listed the Company on TSX Venture Exchange in early April this year; we raised over $22 million for the exploration and development of the Ferguson Lake nickel, copper, cobalt, palladium and platinum project (“the Ferguson Lake Project”);...

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Hammond Power Reports First Quarter 2022 Financial Results

(Dollar amounts are in thousands unless otherwise specified) GUELPH, Ontario, May 02, 2022 (GLOBE NEWSWIRE) — Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A), a leading manufacturer of dry-type and cast resin transformers and related magnetics, today announced its financial results for the first quarter 2022. HIGHLIGHTS (First quarter 2022 compared to first quarter 2021)Sales increased 60% to a record $128 million Net Earnings of $8,569, exceeding the first quarter of 2021 by $6,271 Earnings per share increased to $0.72, compared with $0.19 in Q1 2021 Order backlog increased 92%“The diversification of geography, channels, markets and products – an important differentiator for HPS – has our business firing on all cylinders. We are seeing record booking rates in both the U.S. and Canada, along with very exciting...

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AMG Reports Financial and Operating Results for the First Quarter of 2022

Company reports EPS of $3.44, Economic EPS of $4.65 in first quarter   > Affiliate BPEA to enter into strategic combination with EQT, marking a successful outcome for AMG’s partnership> Closed additional investment in Systematica Investments, one of the leading independent technology-driven managers globally> Net Income (controlling interest) of $146 million, Economic Net Income of $190 million> Adjusted EBITDA of $255 million and EEPS of $4.65 grew 3% and 9% year-over-year, respectively> Demonstrated commitment to capital return, with $185 million in share repurchases   WEST PALM BEACH, Fla., May 02, 2022 (GLOBE NEWSWIRE) — Affiliated Managers Group, Inc. (NYSE: AMG) today reported its financial and operating results for the first quarter of 2022. Jay C. Horgen, President and Chief Executive Officer...

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Qutoutiao Inc. Reports Fourth Quarter and Fiscal Year 2021 Unaudited Financial Results

SHANGHAI, China, May 02, 2022 (GLOBE NEWSWIRE) — Qutoutiao Inc. (“Qutoutiao”, the “Company” or “We”, and together with its subsidiaries and controlled affiliated entities, the “Group”) (NASDAQ: QTT), a leading operator of mobile content platforms in China, today announced its unaudited financial results in the fourth quarter and fiscal year ended December 31, 2021. Fourth Quarter 2021 HighlightsNet revenues was RMB881.1 million (US$138.3 million), representing a decrease of 32.3% from RMB1,302.4 million in the fourth quarter of 2020, and a decrease of 8.7% quarter-over-quarter from RMB965.5 million in the third quarter of 2021. Net loss was RMB298.0 million (US$46.8 million), compared to net loss of RMB81.8 million in the fourth quarter of 2020 and net loss of RMB583.6 million in the third quarter of 2021. Net loss margin was...

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MariMed Announces Participation In Upcoming Conferences and Events

NORWOOD, Mass., May 02, 2022 (GLOBE NEWSWIRE) — MariMed, Inc. (OTCQX: MRMD) (“MariMed” or the “Company”), a leading multi-state cannabis operator focused on improving lives every day, today announced its participation in the following upcoming conferences:Canaccord Genuity Virtual Cannabis Conference:   Senior Management will host one-on-one investor meetings on May 11th at Canaccord’s Virtual Cannabis Conference.Wolfe Research Virtual Consumer Conference: Senior management will participate in a fireside chat moderated by Wolfe Research Cannabis Analyst, Spencer Hanus on May 13th. Company management will also host one-on-one investor meetings.Jefferies Cannabis Summit: Senior management will participate in a fireside chat with the Jefferies Cannabis Analyst, Owen Bennett, in New York, NY, on June 2nd Company management will...

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Saia Reports Record First Quarter Results

JOHNS CREEK, Ga., May 02, 2022 (GLOBE NEWSWIRE) — Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, today reported first quarter 2022 financial results.   Diluted earnings per share in the quarter were $2.98 compared to $1.40 in the first quarter of 2021.   Highlights from the first quarter operating results were as follows: First Quarter 2022 Compared to First Quarter 2021 ResultsRevenue was $661.2 million, a 36.6% increase Operating income was $103.4 million, a 112.4% increase Operating ratio of 84.4 compared to 89.9 LTL shipments per workday increased 5.7% LTL tonnage per workday increased 9.5% LTL revenue per hundredweight increased 21.4% LTL revenue per shipment rose 25.7% to $329.30“First quarter results include...

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Intellia Therapeutics Presents Preclinical Data Demonstrating Advancements in its CRISPR-Engineered Allogeneic Platform at the 2022 Keystone Symposia’s Precision Genome Engineering Conference

Data highlight proprietary allogeneic cell engineering platform capable of creating immune-evading T cells and deployable for TCR-T and CAR-T cell therapy Findings support recent development candidate initiation of NTLA-6001, an investigational allogeneic CAR-T therapy, for the treatment of CD30-expressing hematologic cancersCAMBRIDGE, Mass., May 02, 2022 (GLOBE NEWSWIRE) — Intellia Therapeutics, Inc. (NASDAQ:NTLA), a leading genome editing company focused on developing potentially curative therapies leveraging CRISPR-based technologies, today announced the presentation of new preclinical data from its differentiated allogeneic cell engineering platform at Keystone Symposia’s Precision Genome Engineering Conference, taking place April 27 – May 1, 2022, in Keystone, Colorado. The data presented support the development of NTLA-6001,...

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Columbia Financial, Inc. Announces Completion of RSI Bank Acquisition

FAIR LAWN, N.J., May 02, 2022 (GLOBE NEWSWIRE) — Columbia Bank MHC, Columbia Financial, Inc. (NASDAQ: CLBK) and Columbia Bank (collectively, “Columbia”) announced today that Columbia has completed its acquisition of RSI Bancorp, M.H.C., RSI Bancorp, Inc. and RSI Bank (collectively, “RSI”), effective as of May 1, 2022. At the effective time of the merger, RSI Bank was merged with and into Columbia Bank and depositors of RSI Bank became depositors of Columbia Bank, with the same rights and privileges in Columbia Bank MHC as if their accounts had been established in Columbia Bank on the date established at RSI Bank. In addition, as part of the transaction, the Company issued 6,086,314 shares of its common stock to Columbia Bank MHC. In connection with the transaction, RSI Bank also made a $5.0 million charitable contribution to a...

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