Day: June 2, 2022

Saga Communications, Inc. Increases Quarterly Cash Dividend to $0.20 per Share

Written by Customer Service on June 2, 2022. Posted in Dividend Reports And Estimates.

GROSSE POINTE FARMS, Mich., June 02, 2022 (GLOBE NEWSWIRE) — Saga Communications, Inc. (Nasdaq – SGA) (the “Company”, “Saga” or “our”) today announced that its Board of Directors declared a quarterly cash dividend of $0.20 per share. This is an increase from the previous quarterly dividend of $0.16 per share. The dividend will be paid on July 1, 2022, to shareholders of record on June 13, 2022. The aggregate amount of the payment to be made in connection with the quarterly dividend will be approximately $1.2 million. The quarterly cash dividend will be funded by cash on the Company’s balance sheet. Including this dividend, the Company will have paid over $79 million in dividends to shareholders since the first special dividend was paid in 2012. The Company currently intends to pay regular quarterly cash dividends in the future...

Worthington Industries Acquires Drywall Tools Company Level5® Tools, LLC

Written by Customer Service on June 2, 2022. Posted in Mergers And Acquisitions.

COLUMBUS, Ohio, June 02, 2022 (GLOBE NEWSWIRE) — Worthington Industries, Inc. (NYSE:WOR) today announced the acquisition of Level5® Tools, LLC, a leading provider of drywall tools, including automatic drywall taping and finishing tools, skimming blades, hand tools and accessories. The acquisition expands Worthington’s consumer products brands and offerings in its tools category. Level5 serves drywall finishing professionals and DIYers through a network of distributors and retailers and leads the drywall tools market in online sales. “We’re excited to welcome Level5 to the Worthington family and our growing portfolio of consumer brands. Together, with our current lineup of tool products through our General, Bernzomatic, Mag-Torch and Pactool brands, Level5 expands our offerings and introduces attractive new end markets,” said Worthington...

FOXO Technologies to Participate in Upcoming June Investor Conferences

Written by Customer Service on June 2, 2022. Posted in Mergers And Acquisitions.

Minneapolis, MN & Houston, TX, June 02, 2022 (GLOBE NEWSWIRE) — FOXO Technologies Inc. (“FOXO”), a technology company applying epigenetic science and AI to modernize the life insurance industry, which announced earlier this year that it would become a public company via a business combination (the “Transaction”) with special purpose acquisition company Delwinds Insurance Acquisition Corp. (NYSE: DWIN), today announced that Founder and Chief Executive Officer Jon Sabes will participate in the following investor conferences in June: Goldman Sachs Insurtech ConferenceAttending: Monday, June 6, 2022Presentation time: 12:30 p.m. Eastern timeWhere: Virtual fireside chat – Webcast link Credit Suisse 5th Annual Private Company FinTech Conference & Networking EventAttending: Thursday, June 9, 2022 – Friday, June...

Zumiez Inc. Announces Fiscal 2022 First Quarter Results

Written by Customer Service on June 2, 2022. Posted in Earnings Releases And Operating Results.

LYNNWOOD, Wash., June 02, 2022 (GLOBE NEWSWIRE) — Zumiez Inc. (NASDAQ: ZUMZ) a leading specialty retailer of apparel, footwear, equipment and accessories for young men and women, today reported results for the first quarter ended April 30, 2022. Net sales for the first quarter ended April 30, 2022 (13 weeks) decreased 20.9% to $220.7 million from $279.1 million in the first quarter ended May 1, 2021 (13 weeks). Compared to the pre-pandemic first quarter ended May 4, 2019 (13 weeks), first quarter 2022 net sales increased 3.6%. Net loss for the first quarter of fiscal 2022 was $(0.4) million, or $(0.02) per diluted share, compared to net income of $26.4 million, or $1.03 per diluted share, in the first quarter of the prior fiscal year. Net income for the first quarter of 2019 was $0.8 million, or $0.03 per diluted share. At April...

Calavo Growers, Inc. Announces Second Quarter 2022 Financial Results

Written by Customer Service on June 2, 2022. Posted in Earnings Releases And Operating Results.

SANTA PAULA, Calif., June 02, 2022 (GLOBE NEWSWIRE) — Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today reported its financial results for the fiscal second quarter ended April 30, 2022. Second Quarter Financial OverviewDelivered sequential improvement from the first quarter to the second quarter 2022:Gross profit improved by $8.5 million; Net loss improved by $3.9 million, or $0.22 per diluted share; Adjusted EBITDA improved by $7.9 million.Total revenue of $331.4 million, a 20% increase from the year-ago quarter. Fresh segment revenue increased 30% year-over-year to $211.0 million, Renaissance Food Group (RFG) increased 6% year-over-year and Foods segment revenues decreased 4% year-over-year. Gross profit of $21.7 million, or 6.6% of revenue, compared...

StoneCo Reports First Quarter 2022 Results

Written by Customer Service on June 2, 2022. Posted in Earnings Releases And Operating Results.

Revenue growth of 138.6% year-over-year in 1Q22 to R$2.07 billion;Strong improvement in profitability, with Adj. Pre-Tax Income of R$163 million in 1Q22, up from R$17 million in 4Q21 and above our guidance of over R$140 million;MSMB take rate improvement from 1.71% in 4Q21 to 2.06% in 1Q22 GEORGE TOWN, Grand Cayman, June 02, 2022 (GLOBE NEWSWIRE) — StoneCo Ltd. (Nasdaq: STNE) (“Stone” or the “Company”), a leading provider of financial technology and software solutions that empowers merchants to conduct commerce seamlessly across multiple channels, today reports its financial results for its first quarter ended March 31, 2022. “Dear Shareholders, We are encouraged by the results through the first quarter of 2022. As we highlighted during our year-end results, in 2022 we are committed to execute on our core growth engine, simplify...

HashiCorp Announces First Quarter Financial Results of Fiscal Year 2023

Written by Customer Service on June 2, 2022. Posted in Earnings Releases And Operating Results.

First quarter revenue totaled $100.9 million, representing an increase of 51% year-over-year; Trailing four quarter average Net Dollar Retention rate was 133% at the end of the first quarter of fiscal 2023, up from 122% in the first quarter of fiscal 2022.First quarter total GAAP RPO totaled $433.9 million, representing an increase of 51% year-over-year; first quarter current GAAP RPO totaled $284.3 million, representing an increase of 59% year-over-year.First quarter total non-GAAP RPO totaled $457.6 million, representing an increase of 49% year-over-year; first quarter current non-GAAP RPO totaled $305.2 million, representing an increase of 55% year-over-year.SAN FRANCISCO, June 02, 2022 (GLOBE NEWSWIRE) — HashiCorp, Inc. (NASDAQ: HCP), a leading provider of multi-cloud infrastructure automation software, today announced...

NuCana Reports First Quarter 2022 Financial Results and Provides Business Update

Written by Customer Service on June 2, 2022. Posted in Earnings Releases And Operating Results.

Initiated Randomized Phase 2 Study of NUC-3373 in Patients with Colorectal Cancer Initiated Phase 1b/2 Study of NUC-3373 in Combination with Other Agents, Including PD-1 Inhibitors, in Patients with Solid Tumors First Patients Enrolled in Phase 2 Study of NUC-7738 Multiple Data Readouts in 2022 Well Capitalized with Anticipated Cash Runway into 2025 EDINBURGH, United Kingdom, June 02, 2022 (GLOBE NEWSWIRE) — NuCana plc (NASDAQ: NCNA) announced financial results for the first quarter ended March 31, 2022 and provided an update on its broad clinical program with its transformative ProTide therapeutics. As of March 31, 2022, NuCana had cash and cash equivalents of £52.6 million compared to £60.3 million as of December 31, 2021. NuCana continues to advance its various clinical programs and reported a net loss of £8.4 million for the...

SKEL fjárfestingafélag hf.: Finalisation of real estate transaction

Written by Customer Service on June 2, 2022. Posted in Public Companies.

It was announced on 11 August 2021 that the Board of Directors of SKEL fjárfestingafélag hf. (“SKEL”) had resolved to offer certain properties and sites owned by the Company for sale in a formal divestment process arranged by Íslandsbanki, variously with the focus on sale and leaseback for the longer term or as opportunities for development. Last 22 December an announcement was published of the progress of the transaction, where it was revealed that SKEL had signed a Terms of Agreement with Kaldalón concerning 13 properties and a Memorandum of Understanding with F33 ehf. regarding a development project relating to four of the properties; in addition, it was revealed that negotiations were in progress on the sale of the properties at Austurströnd 7, 107 Seltjarnarnes, and Litlatún in Gardabaer with separate parties, while SKEL had decided...

Mullen Automotive CEO to Be Featured on Benzinga’s ‘All Access’ Series

Written by Customer Service on June 2, 2022. Posted in Public Companies.

David Michery, CEO and chairman of Mullen Automotive, to be interviewed Friday, June 3, 2022, at 11 a.m. ET BREA, Calif., June 02, 2022 (GLOBE NEWSWIRE) — via InvestorWire — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today that David Michery, CEO and chairman of Mullen Automotive, will be featured on Benzinga’s All Access Series on Friday, June 3, 2022, at 11 a.m. Eastern time. Benzinga’s All Access show is a hub for discovering the latest trending stocks and investment opportunities and where individual investors get front-row access to live CEO interviews, due diligence presentations and Q&As with company leadership. David Michery, Mullen Automotive’s CEO and chairman, will begin his interview with host Spencer Israel at 11 a.m....

Day: June 2, 2022

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