United Community Banks, Inc. Reports Fourth Quarter 2022 Results

Written by Customer Service on January 17, 2023. Posted in Earnings Releases And Operating Results.

GAAP EPS of $0.74, Return on Assets of 1.33% and Loan Growth of 12% GREENVILLE, S.C., Jan. 17, 2023 (GLOBE NEWSWIRE) — United Community Banks, Inc. (NASDAQ: UCBI) (United) today announced that net income for the 2022 fourth quarter was $81.5 million and pre-tax, pre-provision income was $125.9 million. Diluted earnings per share of $0.74 for the quarter represented an increase of $0.19 or 35%, from the fourth quarter a year ago, and was flat from the third quarter of 2022. On an operating basis, United’s diluted earnings per share of $0.75 was up 17% from the year ago quarter. The primary drivers of the increased earnings in both periods were increased interest rates and organic loan growth, as well as the acquisition of Reliant Bancorp, Inc., which closed on January 1, 2022 and was not reflected in the year-ago quarter. United’s...

GasLog Partners LP Announces Date for Fourth-Quarter 2022 Results, Conference and Webcast

Written by Customer Service on January 17, 2023. Posted in Earnings Releases And Operating Results.

Majuro, Marshall Islands, Jan. 17, 2023 (GLOBE NEWSWIRE) — GasLog Partners LP (“GasLog Partners” or the “Partnership”) (NYSE: GLOP) today announced that its financial results for the fourth quarter of 2022 will be released before the market opens on Thursday, January 26, 2023. GasLog Partners will host a conference call to discuss its results for the fourth quarter of 2022 at 8.00 a.m. EDT (3.00 p.m. EEST) on Thursday, January 26, 2023. The Partnership’s senior management will review the operational and financial performance for the period. Management’s presentation will be followed by a Q&A session. A live webcast of the conference call will be available on the Investor Relations page of the GasLog Partners website (http://www.gaslogmlp.com/investors). The conference call will be accessible domestically or internationally,...

CubeSmart Announces Tax Allocations of 2022 Distributions

Written by Customer Service on January 17, 2023. Posted in Dividend Reports And Estimates.

MALVERN, Pa., Jan. 17, 2023 (GLOBE NEWSWIRE) — CubeSmart (NYSE: CUBE) announced today the tax allocations of its 2022 distributions for CubeSmart Common Shares of Beneficial Interest. The 2022 distributions paid with respect to CubeSmart common stock (CUSIP #229663-109 and traded under ticker symbol CUBE) are as follows: Record Date Payable Date Total Distribution per Share Ordinary Dividend (Box 1a) Total Capital Gain (Box 2a) Unrecaptured Section 1250 Gain(1) (Box 2b) Nondividend Distribution (Box 3) Section 199A Dividend(2) (Box 5) Section 897 Capital Gains (Box 2f) 1/3/2022 1/18/2022 $ 0.43 $ 0.381572 $ 0.048428 $ 0.001576 $ 0.000000 $ 0.381572 $ 0.048428 4/1/2022 4/18/2022 $ 0.43 $ 0.381572 $ 0.048428 $ 0.001576 $ 0.000000 $ 0.381572 $ 0.048428 7/1/2022 7/15/2022 $ 0.43 $ 0.381572 $ 0.048428 $...

Privia Health Launches Two New Accountable Care Organizations

Written by Customer Service on January 17, 2023. Posted in Public Companies.

Privia’s ACOs expands into Delaware and North Carolina Privia’s ACOs now include 2,500+ Independent Providers Serving 191,700+ Medicare Beneficiaries in Medicare Shared Savings Program ARLINGTON, Va., Jan. 17, 2023 (GLOBE NEWSWIRE) — Privia Health Group, Inc. (Nasdaq: PRVA) today announced it has launched two new Accountable Care Organizations (“ACOs”), now including providers in Delaware and North Carolina, which are participating in the Medicare Shared Savings Program (“MSSP”). This expands the total number of Privia-owned ACOs to nine, serving beneficiaries across the District of Columbia and ten states, including California, Delaware, Florida, Georgia, Maryland, Montana, North Carolina, Tennessee, Texas, and Virginia. Effective January 1, 2023, the Privia ACOs (collectively “Privia Quality Network”) will now include more...

Privia Health Enters Delaware with Beebe Healthcare; Launches Ninth ACO

Written by Customer Service on January 17, 2023. Posted in Public Companies.

Privia partners with Beebe Healthcare, a community health system and medical group ACO to participate in 2023 Performance Year with ~12,400 lives ARLINGTON, Va., Jan. 17, 2023 (GLOBE NEWSWIRE) — Privia Health Group, Inc. (Nasdaq: PRVA) today announced a partnership with Beebe Healthcare, a not-for-profit community healthcare system located in Sussex County, Delaware, to launch an Accountable Care Organization (ACO) named Privia Quality Network — Delaware (PQN – DE). The expansion into Delaware represents Privia Health’s 11th state and ninth ACO. PQN – DE is participating in the Enhanced Track of the Medicare Shared Savings Program (MSSP) 2023 performance year with more than 200 providers caring for approximately 12,400 patient lives in the program. Beebe and Privia will look to expand the ACO to include community physicians throughout...

SmileDirectClub Announces Plan to Drive Profitability, Positive Cash Flow

Written by Customer Service on January 17, 2023. Posted in Public Companies.

Realignment of global workforce to deliver annual cost savings, positive cash flow, and focus on innovation programs designed for growth Company provides preliminary fourth quarter and full-year 2022 results NASHVILLE, Tenn., Jan. 17, 2023 (GLOBE NEWSWIRE) — SmileDirectClub, Inc. (Nasdaq: SDC), today announced plans for a realignment of its operating programs and global workforce to further hone its focus on its core business and technology-enabled innovation portfolio, and to introduce additional cost savings to the Company’s operating plan in order to enable growth and sustainable positive cash flow. Plan Details By taking these steps to right-size the business, the Company expects to introduce an additional $120 to $140 million in savings in 2023 excluding transition costs and place SmileDirectClub on a path to positive cash...

Aya Gold & Silver Announces $70 Million Bought Deal Offering of Common Shares

Written by Customer Service on January 17, 2023. Posted in Public Companies.

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. MONTREAL, Jan. 17, 2023 (GLOBE NEWSWIRE) — Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) (“Aya” or the “Company”) is pleased to announce that it has entered into an agreement pursuant to which Eight Capital and Desjardins Capital Markets, as joint bookrunners and co-lead underwriters, together with a syndicate of underwriters (collectively, the “Underwriters”), have agreed to purchase, on a bought deal basis, 8,485,000 common shares in the capital of the Company (the “Shares”), at a price of $8.25 per Share (the “Issue Price”) for gross proceeds of $70,001,250 (the “Offering”). The Company has agreed to grant the Underwriters an over-allotment option...

Autoscope Technologies Corporation Announces Voluntary Filing of Form 15 to Suspend SEC Reporting Obligations

Written by Customer Service on January 17, 2023. Posted in Public Companies.

MINNEAPOLIS, Jan. 17, 2023 (GLOBE NEWSWIRE) — Autoscope Technologies Corporation (OTCQX: AATC) today announced the filing of a Form 15 with the Securities and Exchange Commission (the “SEC”). The Company filed the Form 15 with the SEC under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), to terminate the registration of its common stock under Section 12(g) of the Exchange Act and to suspend its reporting obligations under Section 15(d) of the Exchange Act. The Company is eligible to suspend its reporting obligations because it has fewer than 300 holders of record of its common stock. Frank G. Hallowell, Interim Chief Executive Officer, commented on the announcement with the following statement: “The Company’s decision to deregister was made after careful consideration of the advantages and disadvantages of...

Natural Gas Services Group, Inc. Responds to Shareholder Concerns and Provides Initiative Updates

Written by Customer Service on January 17, 2023. Posted in Public Companies.

Midland, TX, Jan. 17, 2023 (GLOBE NEWSWIRE) — On December 29, 2022 and January 11, 2023, J. Hale Hoak of Hoak & Co. (“Hoak”) sent letters to our Interim Chief Executive Officer, Steve Taylor and in connection therewith, Hoak publicly filed the letters with its Schedule 13D filings dated December 30, 2022 and January 11, 2023. According to Hoak’s filings, it owns approximately 9.3% of the outstanding shares of common stock of Natural Gas Services Group, Inc. (the “Company”). The letters, among other things, requests that the Company call off its permanent CEO search, consider adding directors to its Board, explore a sale or merger of the Company and use debt to fund growth opportunities. The Company values input from shareholders and we appreciate Hoak’s perspective. As such we believe it is prudent to respond to Hoak’s letters...

Monolithic Power Systems to Report Fourth Quarter and Full Year Results on February 8, 2023

Written by Customer Service on January 17, 2023. Posted in Public Companies.

KIRKLAND, Wash., Jan. 17, 2023 (GLOBE NEWSWIRE) — Monolithic Power Systems, Inc. (MPS) (Nasdaq: MPWR), a global company that provides high-performance, semiconductor-based power electronics solutions, today announced plans to report its financial results for the fourth quarter and year ended December 31, 2022. MPS will report its results after the market closes on Wednesday, February 8 and host its quarterly conference at 2:00 p.m. PT / 5:00 p.m. ET. The live event will be held via a Zoom webinar, which can be accessed at https://mpsic.zoom.us/j/99086996476. A replay of the event will be available for one year under the Investor Relations website at www.monolithicpower.com two hours after the live event has concluded. About Monolithic Power Systems, Inc.Monolithic Power Systems, Inc. (MPS) is a global company that provides high-performance,...

Day: January 17, 2023

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