Month: May 2022

Belships ASA: New acquisition and divestment of vessel

Written by Customer Service on May 25, 2022. Posted in Public Companies.

Belships has entered into an agreement for the acquisition of a modern 64 000 dwt Ultramax bulk carrier built at a Japanese shipyard in 2020. The vessel is financed through a time charter lease agreement for a fixed period of about 5 years with options to extend for a further 3 years. Belships will pay a total of USD 6.0m prior to delivery of the vessel. Cash breakeven for the vessel upon delivery will be about USD 11 600 per day. The agreement comes with an option to purchase the vessel at the end of the charter significantly below current market levels. There is no obligation to purchase the vessel. The vessel comes with time charter contract employment for about 10-12 months at a gross rate of USD 30 000 per day. The agreement is conditional upon certain steps to be completed by the parties involved. Delivery of the vessel is expected...

TYME Technologies, Inc. Reports Fourth Fiscal Quarter and Full Year 2022 Financial and Operating Results

Written by Customer Service on May 25, 2022. Posted in Earnings Releases And Operating Results.

— $84.0 million in cash and marketable securities as of March 31, 2022 — BEDMINSTER, N.J., May 25, 2022 (GLOBE NEWSWIRE) — TYME Technologies, Inc. (Nasdaq: TYME) (the Company or TYME), an emerging biotechnology company developing cancer metabolism-based therapies (CMBTs™), announced financial and operating results for its fourth fiscal quarter and full year ended March 31, 2022. In March the Company announced that its Board of Directors decided to explore potential strategic options to enhance stockholder value, and this process is active and ongoing. The Company plans to provide an update upon completion of this process. Fourth Fiscal Quarter and Full Year 2022 Financial Results As of the quarter ended March 31, 2022, the Company had approximately $84.0 million in cash and marketable securities, compared to $92.0...

Awilco Drilling PLC: Q1 2022 Presentation

Written by Customer Service on May 25, 2022. Posted in Earnings Releases And Operating Results.

Please find attached the Q1 2022 presentation to be held in the digital meeting today, 25 May 2022, at 12:00 UK time (13:00pm CET / 07:00 EST). To join the digital meeting, please click this link or copy and paste the following address into your browser:https://eur01.safelinks.protection.outlook.com/ap/t-59584e83/?url=https%3A%2F%2Fteams.microsoft.com%2Fl%2Fmeetup-join%2F19%253ameeting_NWQ4YzNiODItNjI1Zi00MzM4LWE1NzEtMjM4MTA0NjJlMDEz%2540thread.v2%2F0%3Fcontext%3D%257b%2522Tid%2522%253a%2522c6903860-15d6-4675-a5fe-cf03764de020%2522%252c%2522Oid%2522%253a%2522b70a3a9b-a081-41f9-b2a4-3e57ef82979e%2522%252c%2522IsBroadcastMeeting%2522%253atrue%257d%26btype%3Da%26role%3Da&data=05%7C01%7Cchaavind%40awilhelmsen.no%7C68232d21f5144136953108da3a4cf38d%7C13406330ee5743ad9fa7ea6e572899d4%7C0%7C0%7C637886399426773054%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=1vTuU4SGJ1jzhuVpvhpR0P%2BFnWaoO9Z%2FwvXSgYg3kkk%3D&reserved=0 A...

Dycom Industries, Inc. Announces Fiscal 2023 First Quarter Results

Written by Customer Service on May 25, 2022. Posted in Earnings Releases And Operating Results.

First Quarter HighlightsContract revenues of $876.3 million; 21.1% organic growth Non-GAAP Adjusted EBITDA of $63.7 million GAAP Net Income of $19.5 million, or $0.65 per common share diluted Repurchased 200,000 common shares for $18.5 million during the quarterPALM BEACH GARDENS, Fla., May 25, 2022 (GLOBE NEWSWIRE) — Dycom Industries, Inc. (NYSE: DY) announced today its results for the first quarter ended April 30, 2022. Contract revenues were $876.3 million for the quarter ended April 30, 2022, compared to $727.5 million in the year ago period. Contract revenues increased 21.1% organically after excluding $3.9 million of contract revenues from storm restoration services in the year ago period. Non-GAAP Adjusted EBITDA was $63.7 million, or 7.3% of contract revenues, for the quarter ended April 30, 2022, compared to $44.1 million,...

Awilco Drilling PLC: Annual Report 2021

Written by Customer Service on May 25, 2022. Posted in Public Companies.

Please find enclosed the Annual Report and Financial Statements 2021 for Awilco Drilling PLC. Aberdeen, 25 May 2022 For further information please contact: Eric Jacobs, Interim CEO Phone: +44 1224 737900 Cathrine Haavind, Investor Relations Phone: +47 93 42 84 64 Email: ch@awilcodrilling.com This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.AttachmentAwilco Drilling PLC Annual Report 2021

Eni, CNH Industrial and Iveco Group signed a memorandum of understanding for joint sustainability initiatives in agriculture and transport

Written by Customer Service on May 25, 2022. Posted in Public Companies.

MOU_EN~1San Donato Milanese (Milan), 25th May 2022 – Eni, CNH Industrial (NYSE: CNHI / MI: CNHI) and Iveco Group (MI: IVG) have signed a memorandum of understanding for potential joint social development initiatives in countries of common interest in the areas of agriculture, sustainable mobility and education, contributing in their respective industries. Specifically, the parties will focus on enhancing the value chain in the agricultural sector to promote food security, increase the efficiency of farming and farmers’ access to the market – including through the development of solutions for more sustainable logistics and the movement of goods and people. Another important aspect of the partnership is professional training for young adults, students and entrepreneurs, as well as interaction with local communities, through an approach...

Ragnarok V: Returns Official Launch in Oceania on May 25, 2022

Written by Customer Service on May 25, 2022. Posted in Public Companies.

Seoul, May 25, 2022 (GLOBE NEWSWIRE) — GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, today announced that Ragnarok V: Returns, a Multi-Platform MMORPG game, has been officially launched in Oceania on May 25, 2022. Ragnarok V: Returns, the sequel to Ragnarok Online: Valkyrie Uprising which reached over 5 million users in global, was developed by Gravity NeoCyon, the subsidiary in Korea, and Gravity has published the game. It provides more impressive graphics maximizing Ragnarok’s attraction and users can play the game according to their own style freely. The mobile version can be downloaded on Google Play and Apple App Store, and PC version has been released on the official website. In addition, Gravity has held various events to celebrate its official launching. [Ragnarok...

Photronics Reports Second Quarter Fiscal 2022 Results and Updates Long-Term Target Model

Written by Customer Service on May 25, 2022. Posted in Public Companies.

BROOKFIELD, Conn., May 25, 2022 (GLOBE NEWSWIRE) — Photronics, Inc. (NASDAQ:PLAB), a worldwide leader in photomask technologies and solutions, today reported financial results for its fiscal 2022 second quarter ended May 1, 2022. “Second quarter was another excellent quarter, as strong end-market demand and higher pricing across both mainstream and high-end IC products propelled us to our fifth consecutive quarter of record revenue,” said Frank Lee, chief executive officer. “As revenue grew, our operating leverage and disciplined cost management expanded gross and operating margins to 36% and 25%, respectively. Our balance sheet continues to strengthen and support our growth strategy of investing to align our operations and technology to serve the strongest sectors of the market. We expect favorable demand trends to continue for...

Bavarian Nordic Enters First Larger Vaccine Contract with Government in Response to Monkeypox Outbreak

Written by Customer Service on May 25, 2022. Posted in Public Companies.

Deliveries to start immediately aiming to ensure a rapid response to the current monkeypox outbreak Company upgrades its financial guidance for 2022COPENHAGEN, Denmark, May 25, 2022 – Bavarian Nordic A/S (OMX: BAVA) announced today the signing of a supply contract with an undisclosed country for the Company’s smallpox vaccine with the aim to ensure sufficient supply to meet the country’s requirements for vaccinating individuals at risk for monkeypox in the short to medium term. The vaccine is approved for use against monkeypox by the U.S. Food and Drug Administration and Health Canada as the only vaccine having obtained regulatory approval for this indication in any territory. While the terms of the agreement remain undisclosed, the order will positively impact the Company’s financial guidance for 2022 as explained below. Bavarian Nordic...

Third Party Logistics Market to Hit USD 1701.2 Billion by 2028; Rising Incorporation of Advanced Technologies to Provide Lucrative Market Opportunities: Fortune Business Insights™

Written by Customer Service on May 25, 2022. Posted in Mergers And Acquisitions.

Companies Profiled in Third Party Logistics Market are FedEx Corporation, DHL Group, Nippon Express, Kuehne + Nagel, DB Schenker, UPS, JB Hunt, Panalpina, C.H. Robinson, Ceva Logistics. Pune, India, May 25, 2022 (GLOBE NEWSWIRE) — The global third party logistics market size was USD 961.8 billion in 2020. The market is expected to grow from USD 976.2 billion in 2021 to USD 1,701.2 billion in 2028, exhibiting a CAGR of 8.26% during the forecast period. The availability of custom-made services and the rising adoption of advanced technologies are expected to bolster market growth. Fortune Business Insights™ provides this information in its report titled “Third Party Logistics Market, 2021-2028.” Third party logistics is a business process where companies outsource logistics functionality and distribution to service providers. The...

Month: May 2022

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