BlueLinx Expands Board of Directors Adding Keith A. Haas and Marietta Edmunds Zakas

Written by Customer Service on August 31, 2022. Posted in Public Companies.

MARIETTA, Ga., Aug. 31, 2022 (GLOBE NEWSWIRE) — BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, announced today that Keith A. Haas and Marietta (“Martie”) Edmunds Zakas were appointed as new directors by the company’s Board of Directors, increasing the size of the Board to eight directors, including six independent directors. “We are excited to welcome two accomplished professionals in Keith and Martie to BlueLinx’s Board of Directors,” said Kim Fennebresque, non-executive Chairman of BlueLinx. “Keith’s deep operations and industry expertise in building products and Martie’s expertise in strategy, corporate development, and finance strengthen and diversify our Board while also complementing our specialty products growth strategy as we continue our transformation into the preeminent...

SomaLogic to Present at Morgan Stanley 20th Annual Global Healthcare Conference

Written by Customer Service on August 31, 2022. Posted in Public Companies.

BOULDER, Colo., Aug. 31, 2022 (GLOBE NEWSWIRE) — SomaLogic, Inc., a leader in AI-data driven proteomics technology, today announced that the company will be participating in the upcoming Morgan Stanley 20th Annual Global Healthcare Conference in New York, New York. Roy Smythe, M.D, SomaLogic’s Chief Executive Officer is scheduled to participate in a fireside chat on Wednesday, September 14, 2022 at 12:20 p.m. Eastern Time. Interested parties may access a live and archived webcast of the presentation on the “Investors” section of the company’s website at: https://investors.somalogic.com/events-and-presentations. About SomaLogicSomaLogic (Nasdaq: SLGC) seeks to deliver precise, meaningful, and actionable health-management information that empowers individuals worldwide to continuously optimize their personal health and wellness throughout...

Ormat Releases 2021 Sustainability Report

Written by Customer Service on August 31, 2022. Posted in Public Companies.

Company Highlights Its Strong Commitment To Corporate Responsibility And Approach To Achieving Sustainability RENO, Nev., Aug. 31, 2022 (GLOBE NEWSWIRE) — Ormat Technologies, Inc. (NYSE: ORA) (“Ormat,” the “Company,” “we” or “us”), a leading geothermal, energy storage, solar PV and recovered energy power company, today released the Company’s 2021 Corporate Sustainability Report, providing an overview of the Company’s environmental, social and governance (ESG) performance in 2021. The 2021 Sustainability report has been newly updated and structured to enhance the clarity of Ormat’s ESG-related activities. The content has been restructured to include a chapter for each pillar of the ESG framework with expanded data collection to ensure accuracy and transparency for readers, stakeholders, and investors. Ormat’s 2021 Sustainability...

CooperCompanies Announces Third Quarter 2022 Results

Written by Customer Service on August 31, 2022. Posted in Earnings Releases And Operating Results.

SAN RAMON, Calif., Aug. 31, 2022 (GLOBE NEWSWIRE) — CooperCompanies (NYSE: COO) today announced financial results for its fiscal third quarter ended July 31, 2022. Revenue increased 10% year-over-year to $843.4 million. CooperVision (CVI) revenue up 2% to $566.3 million, and CooperSurgical (CSI) revenue up 35% to $277.1 million. GAAP diluted earnings per share $1.98, down $10.39 from last year’s third quarter. Non-GAAP diluted earnings per share $3.19, down $0.22 or 6% from last year’s third quarter. See “Reconciliation of Selected GAAP Results to Non-GAAP Results” below. Commenting on the results, Al White, Cooper’s President and CEO said, “We delivered record revenues this quarter with CooperVision posting its sixth straight quarter of double-digit organic revenue growth, and CooperSurgical’s...

Gaming and Leisure Properties, Inc. Declares Third Quarter 2022 Cash Dividend of $0.705 Per Share

Written by Customer Service on August 31, 2022. Posted in Dividend Reports And Estimates.

WYOMISSING, Pa., Aug. 31, 2022 (GLOBE NEWSWIRE) — Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”), announced today that the Company’s Board of Directors has declared the third quarter 2022 cash dividend of $0.705 per share of its common stock. The dividend is payable on September 30, 2022 to shareholders of record on September 16, 2022. The third quarter 2021 cash dividend was $0.67 per share of the Company’s common stock. While the Company intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends will be reviewed quarterly and declared by the Board of Directors at its discretion. About Gaming and Leisure PropertiesGLPI is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements,...

Heartland Express Closes Acquisition of Contract Freighters Truckload Business

Written by Customer Service on August 31, 2022. Posted in Mergers And Acquisitions.

NORTH LIBERTY, Iowa, Aug. 31, 2022 (GLOBE NEWSWIRE) — Heartland Express, Inc. (NASDAQ: HTLD) (“Heartland”) announced today that it has closed the previously announced transaction to acquire the Contract Freighters non-dedicated U.S. dry van and temperature-controlled truckload business and CFI Logistica operations in Mexico (“CFI”) from TFI International, Inc. (NYSE: TFII) (“TFI”), for a cash enterprise value of $525 million, subject to certain adjustments. The term CFI does not include the CFI Dedicated or CFI Logistics U.S. brokerage operations, which were not part of the transaction. Michael Gerdin, Chairman, President, and CEO of Heartland Express, commented: “We are excited to officially welcome CFI into the Heartland Express family of brands, alongside Millis Transfer and Smith Transport. We look forward to working with CFI’s...

TFI International Closes on Previously Announced Agreement to Sell CFI’s Truckload, Temp Control and Mexican Logistics Businesses to Heartland Express

Written by Customer Service on August 31, 2022. Posted in Mergers And Acquisitions.

MONTREAL, Aug. 31, 2022 (GLOBE NEWSWIRE) — TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced that it has closed on the previously announced definitive agreement to sell CFI’s Truckload, Temp Control and Mexican non-asset logistics businesses to Heartland Express, Inc. (NASDAQ: HTLD) for US$525 million. In addition to customary closing adjustments, Heartland Express has paid TFI International an additional US$24 million for TFI to retain pre-closing accident and workers’ compensation claims. ABOUT TFI INTERNATIONAL TFI International Inc. is a North American leader in the transportation and logistics industry, operating across the United States, Canada and Mexico through its subsidiaries. TFI International creates value for shareholders by identifying...

Credo Technology Group Holding Ltd Reports First Quarter of Fiscal Year 2023 Financial Results

Written by Customer Service on August 31, 2022. Posted in Earnings Releases And Operating Results.

SAN JOSE, Calif., Aug. 31, 2022 (GLOBE NEWSWIRE) — Credo Technology Group Holding Ltd (NASDAQ: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, today reported financial results for the first quarter of fiscal year 2023, ended July 30, 2022. Q1 FY23 Financial Highlights Revenue of $46.5 million, grew by 24% quarter over quarter GAAP gross margin of 59.5% and non-GAAP gross margin of 60.5% GAAP operating expenses of $27.9 million and non-GAAP operating expenses of $22.6 million GAAP net loss of $0.1 million and non-GAAP net income of $5.4 million GAAP net loss per share of $0.00 and non-GAAP diluted net income per share of $0.03 Ending Cash Balance...

GBS Inc. Reports Fourth Quarter and Full Year ended June 30, 2022 Preliminary Financial Results and Recent Business Highlights

Written by Customer Service on August 31, 2022. Posted in Earnings Releases And Operating Results.

– Entered into exclusive agreement with Intelligent Fingerprinting Ltd. (IFP) for screening technology focused on drugs of abuse towards a prospective acquisition – – Completed collection and analysis in a study with coincidental sampling of oral fluid and blood to evaluate the time-course of glucose in oral fluids – – Company to host conference call & webcast today at 4:30 p.m. ET – NEW YORK, Aug. 31, 2022 (GLOBE NEWSWIRE) — GBS Inc. (Nasdaq: GBS), a life sciences company developing non-invasive, real-time monitoring and diagnostic testing for patients and their primary health practitioners at point of care, today announced its preliminary financial results for the fourth financial quarter and full-year ended June 30, 2022 and provided a business update. Management will host a webcast and...

Five Below, Inc. Announces Second Quarter Fiscal 2022 Financial Results

Written by Customer Service on August 31, 2022. Posted in Earnings Releases And Operating Results.

PHILADELPHIA, PA, Aug. 31, 2022 (GLOBE NEWSWIRE) — Five Below, Inc. (NASDAQ: FIVE) today announced financial results for the second quarter and for the year to date period ended July 30, 2022. For the second quarter ended July 30, 2022: Net sales increased by 3.5% to $668.9 million from $646.6 million in the second quarter of fiscal 2021; comparable sales decreased by 5.8% versus the second quarter of fiscal 2021. The Company opened 27 new stores and ended the quarter with 1,252 stores in 40 states. This represents an increase in stores of 11.7% from the end of the second quarter of fiscal 2021. Operating income was $56.0 million compared to $86.2 million in the second quarter of fiscal 2021. The effective tax rate was 26.3% compared to 23.8% in the second quarter of fiscal 2021. Net income was $41.3 million compared to $64.8...

Month: August 2022

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