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Month: July 2022

Meritage Reports Second Quarter 2022 Results; Accelerating Growth Ahead

GRAND RAPIDS, Mich., July 15, 2022 (GLOBE NEWSWIRE) — Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, today reported financial results for the second quarter ended July 3, 2022. Second Quarter HighlightsSales increased 9.3% to $161.0 million compared to $147.3 million for the same period last year. Earnings from Operations were $7.7 million compared to $8.5 million for the same period last year. Net Earnings were $6.0 million compared to $7.9 million for the same period last year. Consolidated EBITDA (a non-GAAP measure) was to $14.5 million compared to $16.8 million for the same period last year.“Our solid sales performance in the second quarter was driven by same restaurant sales growth, increased sales from renovated locations and new store openings. Company restaurant management...

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NextPlay Technologies Reports Fiscal Q1 2023 Results

SUNRISE, FL, July 15, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – NextPlay Technologies, Inc. (NASDAQ: NXTP), a digital native ecosystem for finance, digital advertisers, and video gamers, reported results for the first quarter of fiscal 2023 ended May 31, 2022.  On June 28, 2022, NextPlay announced it entered into definitive agreements to sell its travel business, NextTrip Group, LLC (NextTrip), and its 51% ownership of Reinhart Digital TV (the owner of Zappware) to TGS Esports Inc., an esports tournament solutions provider. Closing of the transaction remains subject to various conditions, including (without limitation) regulatory approvals and approval of certain related matters by TGS’ shareholders, and is expected to occur in the second half of this calendar year. The sale, if and when consummated, is expected to unlock...

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ERES REIT Declares July 2022 Monthly Distribution

TORONTO, July 15, 2022 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the July 2022 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “July Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will be payable to holders of the Units and Class B LP Units (the “Unitholders”) of record on July 29, 2022, with payment on August 15, 2022. The Euro-denominated distribution will be paid in Canadian dollars based on the exchange rate on the date of payment (estimated C$0.01312 per Unit and Class B LP Unit). Registered Unitholders will be provided with an option to elect to receive such distribution in Euros rather than Canadian dollars. If no such election is made, registered Unitholders...

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Extendicare Announces July 2022 Dividend of C$0.04 per Share

MARKHAM, Ontario, July 15, 2022 (GLOBE NEWSWIRE) — Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) announced that it has declared a cash dividend of C$0.04 per common share of the Company (the “Common Share”) for the month of July 2022, which is payable on August 15, 2022 to shareholders of record at the close of business on July 29, 2022. This dividend is designated as an “eligible dividend” within the meaning of the Income Tax Act (Canada). About Extendicare Extendicare is a leading provider of care and services for seniors across Canada, operating under the Extendicare, ParaMed, Extendicare Assist, and SGP Purchasing Partner Network brands. We are committed to delivering quality care throughout the health continuum to meet the needs of a growing seniors population. We operate or provide contract services to a network...

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RioCan Real Estate Investment Trust Announces July 2022 Distribution

TORONTO, July 15, 2022 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 8.5 cents per unit for the month of July. The distribution will be payable on August 8, 2022 to unitholders of record as at July 29, 2022. About RioCanRioCan is one of Canada’s largest real estate investment trusts. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at March 31, 2022, our portfolio is comprised of 204 properties with an aggregate net leasable area of approximately 36.2 million square feet (at RioCan’s interest) including office, residential rental and 13 development properties. To learn more about us, please visit www.riocan.com. CONTACT:...

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Progressive Reports June 2022 Results

MAYFIELD VILLAGE, OHIO, July 15, 2022 (GLOBE NEWSWIRE) — The Progressive Corporation (NYSE:PGR) today reported the following results for June 2022 and the second quarter of 2022:  June     Quarter    (millions, except per share amounts and ratios; unaudited)  2022       2021   Change   2022       2021   Change                   Net premiums written $ 3,877.1     $ 3,627.3   7  % $ 12,422.1     $ 11,480.3   8  %Net premiums earned $ 3,770.2     $ 3,459.9   9  % $ 12,147.9     $ 10,982.3   11  %Net income (loss) $ (436.7 )   $ 132.8   (429) % $ (542.9 )   $ 790.1   (169) %Per share available to common shareholders1 $ (0.75 )   $ 0.22   (438) % $ (0.94 )   $ 1.34   (170) %Total pretax net realized gains (losses) on securities $ (564.2 )   $ 124.2   (554) % $ (1,177.7 )   $ 461.8   (355) %Combined ratio   94.7       100.5   (5.8)...

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CENTOGENE Reports First Quarter 2022 Financial Results

On Track for FY 2022 GuidanceQ1 2022 revenue rises 3% to €10.3 million Completed phase out of COVID-19 Business segment in Q1 2022 Positioning Pharma and Diagnostics for post-COVID recovery and growth in 2022 and beyond Reaffirms FY 2022 guidance of 15-20% revenue growthCAMBRIDGE, Mass. and ROSTOCK, Germany and BERLIN, July 15, 2022 (GLOBE NEWSWIRE) — Centogene N.V. (Nasdaq: CNTG), the commercial-stage essential biodata life science partner for rare and neurodegenerative diseases, today announced financial results for the first quarter ending March 31, 2022, reaffirmed guidance, and provided a business update. “We are on track with our renewed focus on the Core Business. The Diagnostics segment continued to show double digit growth rates year-over-year and is planned to grow faster than the market. We are on target to enhance...

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Royalty Pharma Declares Third Quarter 2022 Dividend

NEW YORK, July 15, 2022 (GLOBE NEWSWIRE) — The board of directors of Royalty Pharma plc (Nasdaq: RPRX) has approved the payment of a dividend for the third quarter of 2022 of $0.19 per Class A ordinary share. The dividend will be paid on September 15, 2022, to shareholders of record at the close of business on August 19, 2022. About Royalty Pharma Founded in 1996, Royalty Pharma is the largest buyer of biopharmaceutical royalties and a leading funder of innovation across the biopharmaceutical industry, collaborating with innovators from academic institutions, research hospitals and non-for-profits through small and mid-cap biotechnology companies to leading global pharmaceutical companies. Royalty Pharma has assembled a portfolio of royalties which entitles it to payments based directly on the top-line sales of many of the industry’s...

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CSW Industrials Declares Quarterly Dividend of $0.17 Per Share and Provides an Update on Share Repurchases

DALLAS, July 15, 2022 (GLOBE NEWSWIRE) — The Board of Directors of CSW Industrials, Inc. (Nasdaq: CSWI) today declared a regular quarterly cash dividend of $0.17 per share. The dividend is payable on August 12, 2022, to shareholders of record as of the close of business on July 29, 2022. During the fiscal 2023 first quarter ended June 30, 2022, CSWI repurchased 287,990 shares for an aggregate purchase price of $30.5 million under its current $100 million share repurchase authorization. Since inception of the current authorization, and through July 14, 2022, CSWI repurchased 446,620 shares for an aggregate purchase price of $48.3 million. CSWI initiated its inaugural share repurchase program in the fiscal 2018 third quarter and, since that time, has cumulatively returned $129.3 million to shareholders through the purchase of 1.8...

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Getty Images and Dove Announce Winners of #ShowUs Grants Highlighting Inclusive Visual Stories Around Women and Aging

A Media Snippet accompanying this announcement is available by clicking on the image or link below:NEW YORK, July 15, 2022 (GLOBE NEWSWIRE) — Getty Images, a preeminent global visual content creator and marketplace, in partnership with Dove, has today announced the winners of the #ShowUs Grant, Beauty Has No Age Limit, awarding two photographers US$5,000 each to pursue their stories which shatter stereotypes and conventions celebrating women and aging. Launched on the three-year anniversary of Project #ShowUs, these grants look to honour the full spectrum of diverse experiences – showing that beauty has no age limit – and all experiences are valid, welcome, and appreciated. Submissions were judged on criteria looking to shatter stereotypes and conventions – encouraging women, female-identifying and non-binary commercial photographers...

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