Year: 2022

— Operating Income for the Third Quarter of 2022 Grew 14.2% YOY — GUANGZHOU, China, Nov. 21, 2022 (GLOBE NEWSWIRE) — Fanhua Inc. (Nasdaq: FANH) (the “Company” or “Fanhua”), a leading independent financial services provider in China, today announced its unaudited financial results for the third quarter ended September 30, 20221. Financial Highlights for the Third Quarter of 2022(In thousands, except per ADS data) 2021Q3(RMB) 2022Q3(RMB) 2022Q3(US$) Change %Total net revenues 683,537 624,746 87,825 (8.6 )Operating income 28,163 32,165 4,522 14.2  Net income attributable to the Company’s shareholders 34,250 35,371 4,972 3.3  Diluted net income per ADS 0.64 0.66 0.09 3.1  Cash, cash equivalents and short-term investments and others (as of September 30, 2021 and 2022) 1,397,727 1,296,9262 182,319 (7.2 )Mr....

OWINGS MILLS, Md., Nov. 21, 2022 (GLOBE NEWSWIRE) — Universal Security Instruments, Inc. (NYSE AMEX: UUU) today announced results for its fiscal second quarter and six months ended September 30, 2022. For the three months ended September 30, 2022, sales increased 11.1% to $5,857,141 compared to sales of $5,272,223 for the same period last year. The Company reported net income of $200,602, or $0.09 per basic and diluted share, compared to net income of $107,696 or $0.05 per basic and diluted share for the same period last year. For the six months ended September 30, 2022, sales increased 5.6% to $10,492,445 versus $9,940,221 for the same period last year. The Company reported net income of $94,464, or $0.04 per basic and diluted share, compared to net income of $122,337 or $0.05, per basic and diluted share for the corresponding...

SHANGHAI, China, Nov. 22, 2022 (GLOBE NEWSWIRE) — GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China, today announced its unaudited financial results for the third quarter ended September 30, 2022. Third Quarter 2022 Financial HighlightsNet revenue increased by 14.9% year-over-year (“Y-o-Y”) to RMB2,367.6 million (US$332.8 million) in the third quarter of 2022 (3Q2021: RMB2,061.4 million). Service revenue increased by 14.9% Y-o-Y to RMB2,367.6 million (US$332.8 million) in the third quarter of 2022 (3Q2021: RMB2,061.1 million). Net loss was RMB339.7 million (US$47.7 million) in the third quarter of 2022 (3Q2021: net loss of RMB301.1 million). Adjusted EBITDA (non-GAAP) increased by 10.9% Y-o-Y to RMB1,066.6 million...

MALVERN, Pa., Nov. 21, 2022 (GLOBE NEWSWIRE) — Neuronetics, Inc. (NASDAQ:STIM), a commercial stage medical technology company focused on designing, developing, and marketing products that improve the quality of life for patients who suffer from neurohealth disorders, today announced that Keith Sullivan, President and Chief Executive Officer, and Steve Furlong, Senior Vice President, Chief Financial Officer, and Treasurer, will participate in the Piper Sandler 34th Annual Healthcare Conference on Thursday, December 1, 2022. The Company is scheduled to present at the conference at 9:30 am Eastern Time the same day via webcast. A live audio webcast of the conference presentation will be available online at the investor relations page of the Company’s website at ir.neuronetics.com. A replay of the webcast will be archived on the website...

EDINBURG, Va., Nov. 21, 2022 (GLOBE NEWSWIRE) — Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) announced that Ed McKay, Chief Operating Officer, and Jim Volk, Chief Financial Officer, will present at the 2022 Raymond James Technology Investor Conference at the Lotte New York Palace on December 6, 2022 at 4:00 p.m. ET. Investors may access a live webcast of the presentation on Shentel’s website at www.investor.shentel.com. The webcast will be available for replay for a limited time on Shentel’s website following the presentation. About Shenandoah Telecommunications Company Shenandoah Telecommunications Company (Shentel) provides broadband services through its high speed, state-of-the-art fiber-optic and cable networks to customers in the Mid-Atlantic United States. The Company’s services include: broadband internet,...

WASHINGTON, Nov. 21, 2022 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced that it has entered into the second amendment and restatement of its senior secured revolving credit facility (the “Second Amended and Restated Credit Agreement”). The Second Amended and Restated Credit Agreement increases the revolving line of credit from $550.0 million to $900.0 million, extends the maturity date from November 30, 2023 to November 21, 2027, replaces USD LIBOR with, at the Company’s option, Term SOFR and Daily Simple SOFR, GBP LIBOR with SONIA, and EUR LIBOR with EURIBOR, and amends certain financial, investment, restricted payment, debt and other covenants to provide the Company with more financial flexibility. BofA Securities Inc., JP Morgan Chase Bank, N.A., HSBC Securities (USA) Inc. and Truist Securities,...