Day: August 9, 2022

Not for distribution to U.S. News wire services or dissemination in the U.S. VANCOUVER, British Columbia, Aug. 09, 2022 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) is pleased to announce its financial results for the three months ended June 30, 2022 (the “quarter”) and the six months ended June 30, 2022 (“YTD”). HIGHLIGHTSRoyalty Pool sales(1) up 197.4% to $176.4M for the quarter and up 148.7% to $318.1M YTD KRL system sales(1) up 197.3% to $176.4M for the quarter and up 148.7% to $318.1M YTD Distributable cash(1) up 199.6% to 29.8 cents/Fund unit for the quarter and up 181.2% to 51.9 cents/Fund unit YTD Payout ratio(2) was 95.2% for the quarter and 109.3% YTDRoyalty Pool sales reported by the 107 Keg restaurants in the Royalty Pool were $176,364,000 for the quarter, an increase of $117,066,000...

CALGARY, Alberta, Aug. 09, 2022 (GLOBE NEWSWIRE) — Second Quarter HighlightsThe Corporation’s adjusted EBITDA(1) from continuing operations increased to $25.1 million, 20 percent of consolidated revenue(1). This is the highest second quarter adjusted EBITDA in the Corporation’s history. Earnings from continuing operations of $12.8 million is also the best second quarter result in the Corporation’s history. Consolidated revenue of $126.2 million is the highest second quarter revenue on record, an increase of 67 percent over the comparative 2021-quarter. For the second consecutive quarter, PHX Energy’s US division generated its highest quarterly revenue in the Corporation’s history. US revenue was $105.4 million in the second quarter of 2022, representing 83 percent of consolidated revenue. The Corporation divested its Russian...

SAN DIEGO, Aug. 09, 2022 (GLOBE NEWSWIRE) — Cidara Therapeutics, Inc. (NASDAQ: CDTX), a biotechnology company developing long-acting therapeutics designed to improve the standard of care for patients facing serious diseases, today reported financial results for the second quarter ended June 30, 2022 and provided an update on its corporate activities and product pipeline. “We achieved a significant milestone in Cidara’s corporate evolution with the submission of an NDA for rezafungin for the treatment of candidemia and invasive candidiasis,” said Jeffrey Stein, Ph.D., President and Chief Executive Officer of Cidara. “We were also pleased to announce a license agreement with Melinta Therapeutics for the U.S. commercialization of rezafungin for up to $460 million. We expect a PDUFA target action date in the first quarter of 2023.” Dr....

Continued to execute on its strategic initiatives by significantly lowering cost of capital and reducing non-interest earning equity exposure Expects to see the full benefits of these initiatives in the second half of 2022 with improved financial and operational performance NEW YORK, Aug. 09, 2022 (GLOBE NEWSWIRE) — Logan Ridge Finance Corporation (“LRFC”, “Logan Ridge” or the “Company”) (Nasdaq: LRFC) today announced its financial results for the second quarter ended June 30, 2022. Management CommentaryTed Goldthorpe, Chief Executive Officer and President of LRFC, said, “The second quarter of 2022 was transformational for Logan Ridge and marks the first-year anniversary of our stewardship. Although we continue to operate in an uncertain economic environment affected by high inflation and rising interest rates, our portfolio is...

– Reports $70.8 Million of Revenue, up 38% Year-Over-Year – Executes Mutual Termination of CSE Insurance Acquisition, Increasing Expected End-of-Year Unrestricted Cash Position by Approximately $50 Million – Provides Updated 2022 Guidance SEATTLE, Aug. 09, 2022 (GLOBE NEWSWIRE) — Porch Group, Inc. (“Porch Group” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, today reported second-quarter results for the Company as of June 30, 2022, with revenues of $70.8 million, compared to second-quarter 2021 revenues of $51.3 million, highlighting both organic growth and the strength of businesses acquired in the prior twelve month period. For the six months ended June 30, 2022, Porch Group reported revenues of $133.3 million, compared to $78.1...