National Bank Holdings Corporation Announces Second Quarter 2022 Financial Results

Written by Customer Service on July 19, 2022. Posted in Earnings Releases And Operating Results.

DENVER, July 19, 2022 (GLOBE NEWSWIRE) — National Bank Holdings Corporation (NYSE: NBHC) reported: For the quarter For the quarter – adjusted(1) 2Q22 1Q22 2Q21 2Q22 1Q22 2Q21 Net income ($000’s) $ 20,362 $ 18,352 $ 24,200 $ 21,135 $ 18,547 $ 24,200 Earnings per share – diluted $ 0.67 $ 0.60 $ 0.77 $ 0.69 $ 0.61 $ 0.77 Return on average tangible assets(2) 1.16% 1.07% 1.41% 1.20% 1.08% 1.41% Return on average tangible common equity(2) 11.64% 10.31% 13.41% 12.08% 10.42% 13.41% (1) See non-GAAP reconciliations below. (2) Ratios are annualized. In announcing...

Aehr Reports Record Revenue for Fiscal 2022 Fourth Quarter and Full Year Driven by Demand for Semiconductor Wafer Test and Burn-in for Electric Vehicles

Written by Customer Service on July 19, 2022. Posted in Earnings Releases And Operating Results.

FREMONT, Calif., July 19, 2022 (GLOBE NEWSWIRE) — Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced financial results for its fiscal 2022 fourth quarter and full year ended May 31, 2022. Fiscal Fourth Quarter Financial Results: Net sales were $20.3 million, up 166% from $7.6 million in the fourth quarter of fiscal 2021. GAAP net income was $5.8 million, or $0.20 per diluted share, compared to GAAP net income of $567,000, or $0.02 per diluted share, in the fourth quarter of fiscal 2021. Non-GAAP net income was $6.5 million, or $0.23 per diluted share, which excludes the impact of stock-based compensation, compared to non-GAAP net income of $930,000, or $0.04 per diluted share, in the fourth quarter of fiscal 2021. Bookings were $4.4 million for...

Orrstown Financial Services, Inc. Reports Second Quarter 2022 Results

Written by Customer Service on July 19, 2022. Posted in Earnings Releases And Operating Results.

Net income of $8.9 million and diluted earnings per share of $0.83 for the quarter ended June 30, 2022 compared to net income of $8.4 million and diluted earnings per share of $0.76 for the quarter ended March 31, 2022; earnings grew despite a significant reduction in Small Business Administration (“SBA”) Paycheck Protection Program (“PPP”) income and a higher provision for loan losses in the second quarter of 2022 Return on average assets of 1.25% in the second quarter of 2022 compared to 1.20% in the first quarter of 2022 Net interest margin on a tax equivalent basis increased to 3.68% in the second quarter of 2022 from 3.49% in the first quarter of 2022; reflects the deployment of excess liquidity into commercial loans and investments as well as the favorable impact of our asset-sensitive balance sheet in a...

Aspen Group Reports 13% Increase in Revenue to $76.7 million for Fiscal Year 2022

Written by Customer Service on July 19, 2022. Posted in Earnings Releases And Operating Results.

AU and USU Active Student Body AU and USU Active Student Body Fourth Quarter 2022 Highlights Diligent corporate overhead management drives sequential decline in G&A Narrowed net loss to $(2.1) million from $(2.3) million Adjusted EBITDA, a non-GAAP financial measure, increased to $0.5 million compared to $(1.3) million in third quarter demonstrating leverage in the business model NEW YORK, July 19, 2022 (GLOBE NEWSWIRE) — Aspen Group, Inc. (Nasdaq: ASPU) (“AGI”), an education technology holding company, today announced financial results for its fourth quarter and fiscal year ended April 30, 2022. Fourth Quarter and Full Fiscal Year 2022 Summary Results Three months ended April 30, For the Years Ended April 30, $ in millions, except per share data 2022 2021 2022 2021 Revenue $ 19.4 $ 19.1 $ 76.7 $ 67.8 Gross...

Gentherm to Participate in J.P. Morgan Auto Conference

Written by Customer Service on July 19, 2022. Posted in Public Companies.

NORTHVILLE, Mich., July 19, 2022 (GLOBE NEWSWIRE) — Gentherm (NASDAQ:THRM), a global market leader of innovative thermal management technologies, today announced that Phil Eyler, President and CEO, will participate in a fireside chat at the 2022 J.P. Morgan Auto Conference in New York City on Wednesday, August 10, 2022. The fireside chat will begin at 10:15 a.m. (ET) and last for approximately 35 minutes. There will be a live audio webcast of the presentation and a replay will be available for 30 days following the presentation on the Events page of the Investor Relations section of Gentherm’s website at: www.gentherm.com. Investor ContactYijing Brentanoinvestors@gentherm.com248.308.1702 Media ContactMelissa Fischermedia@gentherm.com248.289.9702 About GenthermGentherm (NASDAQ:THRM) is a global developer and marketer of innovative...

Electronic Article Surveillance Market Size is projected to reach USD 1.43 Billion by 2030, growing at a CAGR of 3.6%: Straits Research

Written by Customer Service on July 19, 2022. Posted in Earnings Releases And Operating Results.

The global electronic article surveillance market size was valued at USD 1,046.14 million in 2021 and is expected to generate USD 1,438.2 million by 2030. It is predicted to increase at a CAGR of 3.6% from 2022 to 2030. North America accounted for the largest share of the global market for electronic article surveillance. New York, United States, July 19, 2022 (GLOBE NEWSWIRE) — The global electronic article surveillance market had a market share of USD 1,046.14 million in 2021, according to the new report of Straits Research. It is predicted to increase at a CAGR of 3.6% from 2022 to 2030. The protection against inventory losses, shoplifting, and theft have been one of the major reasons for the adoption of EAS products, thus driving the market. Organized retail crime (ORC) costs the retail industry roughly USD 30 billion per...

Kvika banki hf.: Negative earnings announcement

Written by Customer Service on July 19, 2022. Posted in Public Companies.

Preliminary results for the Kvika banki hf. group for the second quarter of 2022 are now available and indicate that net profit before tax for the quarter will amount to ISK 450-500 million. The earnings forecast was last updated on 12 May 2022 and amounted to ISK 2.15 – 2.4 billion in profit before tax for the quarter. Profit before taxes was therefore about ISK 1.7 – 1.9 billion lower than expected. The reason for the deviation is caused by lower net financial income than expected due to very difficult market conditions in the quarter. Net financial income was negative of ISK 0.9 billion but was expected positive ISK 1 billion for the period. Net financial income was therefore ISK 1.9 billion lower than expected. The group’s core operations were strong in the period. Net interest income was ISK 1.9 billion, net fee and commission income...

Sorrento Therapeutics Announces the FDA IND Clearance of STI-1558, An Oral M(pro) and Cathepsin L Inhibitor to Treat COVID-19

Written by Customer Service on July 19, 2022. Posted in Public Companies.

STI-1558, an oral SARS-CoV-2 main protease inhibitor which can block viral replication, is specifically designed as a standalone treatment of COVID-19. Studies to date indicate that STI-1558 does not require the co-administration of ritonavir as a booster for CYP3A4 inhibition. STI-1558 is also a Cathepsin L inhibitor, which can block effective viral entry into host cells and provides a dual mechanism of action in conjunction with protease inhibition to further protect against COVID-19. Patients have been dosed in the previously announced Phase 1 Study of STI-1558 in Australia with 300 mg, 600 mg and 1,200 mg, and dosing is currently ongoing with 2,000 mg. The FDA has cleared the Investigational New Drug (IND) application for a pharmacokinetic (PK) study in patients with impaired renal and hepatic function. SAN DIEGO, July 19, 2022...

SCWorx Extends Agreement with one of the Top Five Integrated Delivery Networks in the U.S.

Written by Customer Service on July 19, 2022. Posted in Public Companies.

NEW YORK, July 19, 2022 (GLOBE NEWSWIRE) — SCWorx Corp (NASDAQ: WORX) today announced the signing of a 2-year service agreement extension with a highly respected Integrated Delivery Network (“IDN”) ranked in the Top 5 largest IDN’s in the United States (Definitive Healthcare List: Top 25 IDN by Net Patient Revenue). An integrated delivery network (“IDN”) is an organization with a group of allied healthcare providers along with local healthcare facilities. This current customer was previously contracted for a 1-year $450,000 service agreement for SCWorx’s data management solutions that repairs and connects supply chain, financial and clinical attributes. This new service agreement is effective January 1, 2022 and will extend the agreement through the end of 2023 and includes additional services for Oracle Cloud. The new service...

Toll Brothers Announces Final Opportunity to Buy a New Home at its Emerson on Krog Community

Written by Customer Service on July 19, 2022. Posted in Public Companies.

Final three move-in ready homes available for sale Toll Brothers Emerson on Krog Toll Brothers announces the final opportunity to live at Emerson on Krog in Inman Park. ATLANTA, July 19, 2022 (GLOBE NEWSWIRE) — Toll Brothers, Inc (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the final opportunity to buy a new home at its popular Emerson on Krog community. Only three luxury homes remain available in this highly desirable Inman Park townhome community, each priced at $1,515,995. “These new homes are move-in ready, with designer-appointed features and finishes, making them ideal for buyers seeking their dream home on a tighter timeline in the sought-after Atlanta neighborhood of historic Inman Park,” said Jonathan Carter, Division President of Toll Brothers in Urban Atlanta. The final three homes include...

Day: July 19, 2022

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