Day: June 1, 2022

Sun Communities, Inc. Declares Second Quarter 2022 Distribution

Sun Communities, Inc. Declares Second Quarter 2022 Distribution

Southfield, MI, June 01, 2022 (GLOBE NEWSWIRE) — Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates, or has an interest in, manufactured housing (“MH”) communities, recreational vehicle (“RV”) resorts and marinas, today announced its Board of Directors declared a quarterly distribution of $0.88 per share of common stock for the second quarter of 2022. The distribution is payable July 15, 2022 to shareholders of record on June 30, 2022. About Sun Communities, Inc. Sun Communities, Inc. is a REIT that, as of March 31, 2022, owned, operated, or had an interest in a portfolio of 603 developed MH, RV and marina properties comprising nearly 159,300 developed sites and over 45,700 wet slips and dry storage spaces in 39 states, Canada, Puerto Rico and the UK. For Further Information...

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Q.E.P. Co., Inc. Reports Fiscal 2022 Year-End Sales and Earnings

Q.E.P. Co., Inc. Reports Fiscal 2022 Year-End Sales and Earnings

Full Year Net Sales of $445.5 million and Net Income of $9.6 million BOCA RATON, Fla., June 01, 2022 (GLOBE NEWSWIRE) — Q.E.P. CO., INC. (OTCQX: QEPC) (the “Company” or “QEP”) today reported its consolidated results of operations for its fiscal year ended February 28, 2022. QEP reported net sales of $445.5 million for the year ended February 28, 2022, an increase of $57.9 million or 14.9% from the $387.6 million reported in fiscal 2021. The fiscal 2022 increase in net sales compared to the prior fiscal year reflects strong economic activity in the current year and the adverse impact of the worldwide economic downturn caused by the COVID-19 pandemic during the first quarter of fiscal 2021.   As a percentage of net sales, gross margin was 27.1% in fiscal 2022, as compared to 28.0% in fiscal 2021. Lewis Gould, Executive Chairman,...

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nCino Reports First Quarter Fiscal Year 2023 Financial Results

nCino Reports First Quarter Fiscal Year 2023 Financial Results

Total Revenues of $94.2M, up 51% year-over-year Subscription Revenues of $79.2M, up 55% year-over-yearOrganic Subscription Revenues of $65.6M, up 29% year-over-year WILMINGTON, N.C., June 01, 2022 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced financial results for its first quarter of fiscal year 2023, ended April 30, 2022. “We had a solid start to the year as demand for digital transformation remains strong, despite uncertainty in the broader economy,” said Pierre Naudé, Chairman and Chief Executive Officer of nCino. “Now, more than ever, financial institutions are looking for technology solutions that deliver meaningful ROI, increased efficiency and transparency, streamlined operations and faster turnaround...

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Credo Technology Group Holding Ltd Reports Fourth Quarter and Fiscal Year 2022 Financial Results

Credo Technology Group Holding Ltd Reports Fourth Quarter and Fiscal Year 2022 Financial Results

SAN JOSE, Calif., June 01, 2022 (GLOBE NEWSWIRE) — Credo Technology Group Holding Ltd (NASDAQ: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, today reported financial results for the fourth quarter and full fiscal year, ended April 30, 2022. Q4 Financial Highlights Revenue of $37.5 million, grew by 90.0% year on year GAAP gross margin of 63.3% and non-GAAP gross margin of 63.7% GAAP operating expenses of $30.1 million and non-GAAP operating expenses of $21.6 million GAAP net loss of $5.4 million and non-GAAP net income of $2.8 million GAAP net loss per share of $0.04 and non-GAAP diluted net income per share of $0.02 During the quarter, Credo sold...

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AMSC Reports Fourth Quarter and Full Fiscal Year 2021 Financial Results and Provides Business Outlook

AMSC Reports Fourth Quarter and Full Fiscal Year 2021 Financial Results and Provides Business Outlook

Company to host conference call tomorrow, June 2 at 10:00 am ET AYER, Mass., June 01, 2022 (GLOBE NEWSWIRE) — AMSC (Nasdaq: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™, and that protect and expand the capability and resiliency of our Navy’s fleet, today reported financial results for its fourth quarter and fiscal year ended March 31, 2022 (“fiscal 2021”). Revenues for the fourth quarter of fiscal 2021 were $28.3 million compared with $21.2 million for the same period of fiscal 2020. The year-over-year increase was a result of higher Grid segment revenues, primarily driven by strong new energy power system sales. AMSC’s net loss for the fourth quarter of fiscal 2021 was $5.0 million, or $0.18 per share, compared to net loss...

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Advantest Acquires CREA

Advantest Acquires CREA

TOKYO, June 01, 2022 (GLOBE NEWSWIRE) — Leading semiconductor test equipment supplier Advantest Corporation (TSE: 6857) has announced that it has entered into an agreement to acquire Italy-based CREA – Collaudi Elettronici Automatizzati S.r.l. (“CREA”). CREA is a major supplier of power semiconductor test equipment. Its products are used to test all kinds of power devices, and are utilized by global semiconductor companies around the world. The global response to climate change has stimulated demand for electric vehicles and energy-efficient data centers, boosting demand for power ICs, which are needed to efficiently supply electricity for these and other applications. Manufacturers are accelerating the development of next-generation silicon carbide (SiC) and gallium nitride (GaN) power devices, which have superior...

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Progyny, Inc. to Present at the Jefferies 2022 Healthcare Conference

Progyny, Inc. to Present at the Jefferies 2022 Healthcare Conference

NEW YORK, June 01, 2022 (GLOBE NEWSWIRE) — Progyny, Inc. (Nasdaq: PGNY), a leading benefits management company specializing in fertility and family building benefits solutions in the United States, today announced that Pete Anevski, Progyny’s Chief Executive Officer, and Mark Livingston, Chief Financial Officer, will participate in a fireside chat at the Jefferies 2022 Healthcare Conference on Wednesday, June 8, 2022 at 10:30 A.M. Eastern Time.   A live audiocast and replay will be available from the Events and Presentations section of Progyny’s website at http://investors.progyny.com. About ProgynyProgyny (Nasdaq: PGNY) is a leading fertility benefits management company in the US. We are redefining fertility and family building benefits, proving that a comprehensive and inclusive fertility solution can simultaneously benefit employers,...

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Sandy Spring Bank Names Aaron Kaslow Chief Administrative Officer

Sandy Spring Bank Names Aaron Kaslow Chief Administrative Officer

Executive Vice President Assumes Expanded Leadership Role Aaron Kaslow Sandy Spring Bank announced today that Aaron Kaslow has been promoted to Chief Administrative Officer. OLNEY, Md., June 01, 2022 (GLOBE NEWSWIRE) — Sandy Spring Bank announced today that Aaron Kaslow has been promoted to Chief Administrative Officer. Kaslow will continue to serve as General Counsel, and he will have expanded new duties that include Human Resources, Operations and Information Services. “We must always look for ways to align our organization and leverage our people, including our executives,” said Daniel J. Schrider, President and CEO of Sandy Spring Bank. “Aaron’s leadership will provide significant value to these new areas of responsibility, and his expertise will help us as we continue to grow into a larger, more complex organization serving...

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Cumulus Media’s Westwood One Presents Exclusive Multiplatform Audio Coverage of the 2022 NCAA® Women’s College World Series

Cumulus Media’s Westwood One Presents Exclusive Multiplatform Audio Coverage of the 2022 NCAA® Women’s College World Series

Westwood One Broadcasts the Entire Women’s Series from Preliminary Rounds through Best-of-Three Championship NEW YORK, June 01, 2022 (GLOBE NEWSWIRE) — Cumulus Media’s Westwood One, the official audio partner of the NCAA, will broadcast the 2022 Women’s College World Series (WCWS), which will once again be held at USA Softball Hall of Fame Stadium in Oklahoma City. Westwood One will broadcast every game of the WCWS beginning on Thursday, June 2nd with the preliminary rounds, when eight teams will compete in a double elimination format. The two bracket survivors will meet in a best-of-three series beginning on Wednesday, June 8th to determine the NCAA champion. 2022 WOMEN’S COLLEGE WORLD SERIES – PRELIMINARY GAMES           •  Thursday, June 2   Texas vs. UCLA   12:00 p.m. ET •  Thursday, June 2   Northwestern vs. Oklahoma   2:30...

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Lowell Herb Co. Brings Back Limited Edition ‘Pride Packs’ to Raise Funds for GLAAD During Pride Month

Lowell Herb Co. Brings Back Limited Edition ‘Pride Packs’ to Raise Funds for GLAAD During Pride Month

California cannabis brand donating $1 from every pack sold to nonprofit advocacy group SALINAS, Calif., June 01, 2022 (GLOBE NEWSWIRE) — Lowell Herb Co., the award-winning cannabis brand owned by California-based and largest seller of packaged cannabis flower (per Headset) Lowell Farms Inc., is celebrating Pride Month in June with the return of its limited edition Pride Packs, with $1 from the sale of each pack supporting GLAAD, the world’s largest lesbian, gay, bisexual, transgender, and queer (LGBTQ) media advocacy organization. “GLAAD has been a trusted partner for many years, and we couldn’t ask for a better one in this crucial fight to raise awareness and reject discrimination,” says Lowell Farms Inc. Chairman of the Board George Allen. “We’re proud to support the organization as well as our LGBTQ+ team members and customers,...

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