Month: May 2022

ATHENS, Greece, May 23, 2022 (GLOBE NEWSWIRE) — Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today its results for the three-month period ended March 31, 2022 and a share repurchase program and declared a common stock dividend. First Quarter 2022 Financial Highlights:Total net revenues of $45.4 million. Net income and net income attributable to common shareholders of $29.9 million or $4.15 and $4.13 earnings per share basic and diluted, respectively. Adjusted net income attributable to common shareholders1 for the period was $26.8 million or $3.71 and $3.70 per share basic and diluted, respectively.Adjusted EBITDA1 was $31.1 million.An average of 16.0 vessels were owned and operated...

First Quarter Subscription revenue grew 34% year-over-year to $51.4 million Added 8 Net New Enterprise-Wide DAP* Customers with Average ARR* up to $653 thousand Expanded strategic alliance with HCL Announced Strategic Partnership with Execution Management Company CelonisSAN FRANCISCO, May 23, 2022 (GLOBE NEWSWIRE) — WalkMe Ltd. (NASDAQ:WKME), a leading provider of digital adoption solutions, today announced financial results for its first quarter ended March 31, 2022. “In the first quarter the market trends of driving businesses forward through digital transformation continued to accelerate,” said Dan Adika, CEO of WalkMe. “The ecosystem around digital adoption platforms continues to grow rapidly, and we see increasing recognition of the category we created. We advanced our partner program by expanding our relationship with...

First quarter total revenue of $1,073.8 million, up 12% year over year First quarter GAAP operating margin of 17.4% and non-GAAP operating margin of 37.2% First quarter net cash provided by operating activities of $526.2 million, a 49.0% margin Number of customers contributing more than $100,000 in trailing 12 months revenue up 46% year over yearSAN JOSE, Calif., May 23, 2022 (GLOBE NEWSWIRE) — Zoom Video Communications, Inc. (NASDAQ: ZM), today announced financial results for the first fiscal quarter ended April 30, 2022. “In Q1, we launched Zoom Contact Center, Zoom Whiteboard and Zoom IQ for Sales, demonstrating our continued focus on enhancing the customer experience and promoting hybrid work. We believe these innovative solutions will further expand our market opportunity for future growth and expansion with customers,”...

HighlightsNavigator Holdings Ltd. (the “Company”, “we”, “our” and “us”) (NYSE: NVGS) reported operating revenue of $119.8 million for the three months ended March 31, 2022, compared to $85.7 million for the three months ended March 31, 2021.Net income was $27.0 million for the three months ended March 31, 2022, compared to $2.8 million for the three months ended March 31, 2021. Earnings per share was $0.35 for the three months ended March 31, 2022, compared to $0.05 for the three months ended March 31, 2021. Earnings per share, adjusted to exclude unrealized gain on non-designated derivative instruments of $15.2 million and the foreign currency exchange loss on the senior secured bonds of $0.8 million was $0.16 for the three months ended March 31, 2022, compared to $0.04 for the three months ended March 31, 2021. Adjusted EBITDA(1)...

Closes Merger with Communications Systems, Inc. Trading Under Symbol PEGY GAAP Revenue of $319,000 Reflects 3 Days of Post-Merger Operations Pro Forma Revenue of $5.5 Million up 24% MINNETONKA, Minn., May 23, 2022 (GLOBE NEWSWIRE) — Pineapple Energy Inc. (“Pineapple” or the “Company”), a leading provider of sustainable solar energy and back-up power to households and small businesses, today reported financial results for the quarter ended March 31, 2022. Dollar amounts in this release have been rounded to the nearest thousands. “We are thrilled to report to shareholders for the first time as a publicly traded company,” said Kyle Udseth, Pineapple Energy’s Chief Executive Officer. “We completed the merger with Communications Systems, Inc. (“CSI”) near the end of Q1, launching as an operating public company poised to execute our...

First quarter revenues of $8.7 million, up 12% from the first quarter of 2021, and up 8% from the fourth quarter of 2021 First quarter net loss of $3.5 million, or ($0.18) per share, on a GAAP basis Net loss of $1.9 million, or ($0.10) per share, on a non-GAAP basis Management expects continued growth across all business segments and a return to profitability in 2022NEW YORK, May 23, 2022 (GLOBE NEWSWIRE) — Xcel Brands, Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), a media and consumer products company with significant expertise in livestream shopping, today announced its financial results for the first quarter ended March 31, 2022.     Robert W. D’Loren, Chairman and CEO of Xcel stated, “We are pleased with our first quarter top-line growth across our brands and operating divisions. Despite current economic and retail trends,...