Month: July 2022

La-Z-Boy Finalizes Previously Announced Newton, MS Facility Closure

Written by Customer Service on July 18, 2022. Posted in Public Companies.

MONROE, Mich., July 18, 2022 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today announced that it is finalizing the planned closure of its Newton, Mississippi upholstery manufacturing facility, expected to be effective September 16, 2022. In June 2020, the company announced that it would close the Newton facility as part of its plan to strengthen and re-align the business to thrive in what was a new external environment marked by COVID-19. However, with stronger-than-expected demand ensuing immediately thereafter, the company temporarily re-activated a portion of the Newton facility in October 2020. Over the past two years, La-Z-Boy has added capacity to its manufacturing footprint and rebalanced production across more than 5 million square feet of North American manufacturing...

O-I Glass Subsidiary, Paddock Enterprises, LLC, Emerges from Chapter 11

Written by Customer Service on July 18, 2022. Posted in Public Companies.

Perrysburg, OH, July 18, 2022 (GLOBE NEWSWIRE) —Paddock Enterprises has emerged from Chapter 11 protection Funding of a $610 million Asbestos Trust is complete Final and fair resolution of Paddock’s asbestos-related legacy liabilitiesO-I Glass, Inc. (“O-I Glass”) today announced that its wholly owned subsidiary, Paddock Enterprises, LLC (“Paddock”), has emerged from Chapter 11 protection, following affirmation by the U.S. District Court for the District of Delaware on June 22, 2022, of an order confirming Paddock’s Plan of Reorganization (the “Plan”). The Plan was previously confirmed by the U.S. Bankruptcy Court for the District of Delaware on May 26, 2022. Paddock emerges from Chapter 11 having achieved a final and fair resolution of its asbestos-related legacy liabilities under the Plan. “Paddock’s Chapter 11 process...

Potbelly Corporation Announces Conference Call to Discuss Second Quarter 2022 Results on August 4

Written by Customer Service on July 18, 2022. Posted in Public Companies.

CHICAGO, July 18, 2022 (GLOBE NEWSWIRE) — Potbelly Corporation (NASDAQ: PBPB) (“Potbelly” or the “Company”), the iconic neighborhood sandwich shop, today announced the date for the release of its second quarter 2022 financial results. Second Quarter 2022 Results Potbelly will report its financial results for the fiscal second quarter 2022 on Thursday, August 4, 2022 after market close. The Company has scheduled a conference call and webcast for investors at 5:00 p.m. Eastern Time on the same day to discuss the results. Hosting the call will be Potbelly Corporation’s President and Chief Executive Officer, Bob Wright, and Chief Financial Officer, Steve Cirulis.Date: Thursday August 4, 2022Time: 5:00 p.m. Eastern Time Webcast Link: https://dpregister.com/sreg/10168408/f37578bcd8Dial-In #: 833-630-1088 U.S. &...

Comstock Pioneers Renewable Fuels Technology

Written by Customer Service on July 18, 2022. Posted in Public Companies.

Breakthrough Unlocks Massive New Feedstock Model for Net Zero Energy Independence VIRGINIA CITY, Nev., July 18, 2022 (GLOBE NEWSWIRE) — Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced a significant expansion of its leading cellulosic technology portfolio by filing for a new patent covering breakthrough pathways to produce renewable diesel, marine, sustainable aviation fuel (“SAF”) and gasoline from woody biomass, at dramatically improved yield, efficiency, and cost in comparison to all known methods. These technology advancements enable a new sustainable feedstock capable of neutralizing a substantial share of current U.S. mobility emissions. Renewable fuels provide a critical opportunity for decarbonization, however, most of the existing U.S. renewable fuel refineries draw from the same limited pool of...

America First Multifamily Investors, L.P. Schedules Second Quarter 2022 Earnings Conference Call for Thursday, August 4, 2022 at 4:30 p.m. Eastern Time

Written by Customer Service on July 18, 2022. Posted in Public Companies.

OMAHA, Neb., July 18, 2022 (GLOBE NEWSWIRE) — America First Multifamily Investors, L.P. (NASDAQ: ATAX) (the “Partnership”) announced today that it will host a conference call for investors on Thursday, August 4, 2022 at 4:30 p.m. Eastern Time to discuss the Partnership’s Second Quarter 2022 results. For those interested in participating in the question-and-answer session, please note that there is a new process to access the call via telephone. Individuals interested in joining by telephone should register for the call at the following link to receive the dial-in number and unique PIN to access the call: https://register.vevent.com/register/BIfab33c6bdeae4a838d43c2a808f8abe8 The call is also being webcast live in listen-only mode. The webcast can be accessed via the Partnership’s website under “Events & Presentations”...

Middlefield Banc Corp. Reports 2022 First Half Financial Results

Written by Customer Service on July 18, 2022. Posted in Earnings Releases And Operating Results.

MIDDLEFIELD, Ohio, July 18, 2022 (GLOBE NEWSWIRE) — Middlefield Banc Corp. (NASDAQ: MBCN) reported financial results for the 2022 first half and second quarter ended June 30, 2022. 2022 First Half Financial Highlights Include (on a year-over-year basis unless noted):Returned $4.4 million of capital to shareholders through dividends and the repurchase of 95,364 shares at an average price of $25.39 per share Net income was $7.9 million, or $1.35 per diluted share, compared to $8.6 million, or $1.35 per diluted share First-half pre-tax income benefited from $1.2 million of accelerated net fees associated with the Paycheck Protection Program (“PPP”), compared to $1.9 million in the 2021 first half Net income during the second quarter was negatively impacted by $579,000 of one-time expenses associated with the proposed Liberty Bancshares,...

Oportun to Report Second Quarter 2022 Financial Results on Monday, August 8, 2022

Written by Customer Service on July 18, 2022. Posted in Earnings Releases And Operating Results.

SAN CARLOS, Calif., July 18, 2022 (GLOBE NEWSWIRE) — Oportun (Nasdaq: OPRT), a mission-driven fintech and digital banking platform, will release financial results for its second quarter 2022 on Monday, August 8, 2022, after market close. Oportun will host a conference call and earnings webcast to discuss results on Monday, August 8, 2022, at 5:00 pm ET / 2:00 pm PT. The dial-in number for the conference call is 1-877-300-8522 (toll-free) or 1-412-542-4174 (international). Participants should call in 10 minutes prior to the scheduled start time. A live webcast of the call will be accessible from Oportun’s investor relations website at investor.oportun.com, and a webcast replay of the call will be available for one year. About Oportun Oportun (Nasdaq: OPRT) is an A.I.-powered digital banking platform that seeks to make financial...

CrossFirst Bankshares, Inc. Reports Second Quarter 2022 Results

Written by Customer Service on July 18, 2022. Posted in Earnings Releases And Operating Results.

Second Quarter 2022 Key Financial Performance MetricsNet Income ROAA Net Interest Margin (FTE) Diluted EPS ROE$15.5 million 1.12% 3.52%(1) $0.31 10.15% LEAWOOD, Kan, July 18, 2022 (GLOBE NEWSWIRE) — CrossFirst Bankshares, Inc. (Nasdaq: CFB), the bank holding company for CrossFirst Bank, today reported operating results for the second quarter of 2022, with second quarter net income of $15.5 million, or $0.31 per diluted share, and year-to-date net income of $32.4 million, or $0.64 per diluted share.CEO Commentary:“In addition to our announcement about our planned acquisition of Central, we produced a very strong quarter of organic loan growth. We also invested in talent to support our continued success by filling key roles with both internal promotions and adding high-caliber talent from the outside,”...

Mastek to Acquire MST Solutions to Address Digital Transformation Opportunities in the Growing Salesforce Ecosystem

Written by Customer Service on July 18, 2022. Posted in Public Companies.

CHICAGO, July 18, 2022 (GLOBE NEWSWIRE) — Mastek, a turnkey & trusted Digital Engineering and Cloud Transformation provider, today announced the signing of a definitive agreement to acquire MST Solutions. MST Solutions is based in Chandler, AZ, and is an independent Salesforce consulting partner in the Americas region. MST is a trusted partner to several Fortune 1000 and large enterprise clients. MST has built a strong reputation for themselves, especially in the Healthcare, Public Sector and Manufacturing Industry verticals. “Mastek’s Business Outcomes and Industry First DNA paired with MST’s Salesforce led innovation capabilities will only strengthen the value we will deliver to our customers and help them in their journey to Decomplex Digital. This acquisition is expected to significantly increase our...

Woodward Schedules Fiscal 2022 Third Quarter Earnings Release and Conference Call

Written by Customer Service on July 18, 2022. Posted in Public Companies.

FORT COLLINS, Colo., July 18, 2022 (GLOBE NEWSWIRE) — Woodward, Inc. (NASDAQ: WWD) announced today that it expects to report its fiscal 2022 third quarter financial results at approximately 4:00 p.m. EDT on Monday, August 1, 2022. A news release will be issued at that time and a conference call will be held at 4:30 p.m. EDT. During the conference call, the company will provide an overview of its business and financial performance. You are invited to listen to the call live via the company’s website, www.woodward.com. The call and presentation will be available on the website by selecting “Investors/Events & Presentations/Events Calendar” from the menu, and will remain accessible on the company’s website for one year. You may also listen to the call by dialing 1-888-440-4531 (domestic) or 1-646-960-0808 (international). Participants...

Month: July 2022

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