Day: April 13, 2023

U.S. Energy Corp. Reports Fourth Quarter and Full Year 2022 Financial and Operating Results

U.S. Energy Corp. Reports Fourth Quarter and Full Year 2022 Financial and Operating Results

HOUSTON, April 13, 2023 (GLOBE NEWSWIRE) — U.S. Energy Corp. (Nasdaq: USEG, “U.S. Energy” or the “Company”), a growth-focused energy company engaged in the operation of high-quality producing oil and natural gas assets, today reported financial and operating results for the three and twelve months-ended December 31, 2022. FULL YEAR 2022 HIGHLIGHTS Record production of 1,700 barrels of oil equivalent per day (“Boe/d”); Adjusted EBITDA of $15.0 million; Net cash provided by operating activities of $10.9 million; Free cash flow, excluding expenditures for acquisitions, of $4.7 million; Initiated a quarterly cash dividend, and returned $1.7 million to shareholders; Oil and gas related capital expenditures of $6.2 million; Year-end outstanding debt balance of $12.0 million, $4.4 million of cash, total liquidity of $12.4 million, and...

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Bitdeer and Blue Safari Complete Business Combination

Bitdeer and Blue Safari Complete Business Combination

– Bitdeer to Debut on Nasdaq on April 14, 2023 – Bitdeer Shares to Trade Under Ticker “BTDR” SINGAPORE, April 14, 2023 (GLOBE NEWSWIRE) — Bitdeer Technologies Group (“Bitdeer”), a world-leading technology company for the cryptocurrency mining community, and Blue Safari Group Acquisition Corp. (NASDAQ: BSGA) (“Blue Safari”), a special purpose acquisition company, today announced the completion of their previously announced business combination (the “Business Combination”). Bitdeer’s Class A ordinary shares will commence trading on the Nasdaq under the ticker symbol “BTDR” on April 14, 2023. Linghui Kong, Chief Executive Officer of Bitdeer, commented, “The completion of our business combination with Blue Safari is the start of a new era for Bitdeer. I would like to thank our team and Blue Safari for their focus, diligence,...

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FTAI Aviation Ltd. Announces Timing of First Quarter Earnings and Conference Call

FTAI Aviation Ltd. Announces Timing of First Quarter Earnings and Conference Call

NEW YORK, April 13, 2023 (GLOBE NEWSWIRE) — FTAI Aviation Ltd. (NASDAQ: FTAI; the “Company” or “FTAI Aviation”) plans to announce its financial results for the first quarter after the closing of Nasdaq on Wednesday, April 26, 2023. A copy of the press release and an earnings supplement will be posted to the Investor Relations section of the Company’s website, https://www.ftaiaviation.com/. In addition, management will host a conference call on Thursday, April 27, 2023 at 8:00 A.M. Eastern Time. The conference call may be accessed by registering via the following link https://register.vevent.com/register/BIcf941a08770d4294aedae237f81c0494. Once registered, participants will receive a dial-in and unique pin to access the call. A simultaneous webcast of the conference call will be available to the public on a listen-only...

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Goodfellow Reports Its Results for the First Quarter Ended February 28, 2023

Goodfellow Reports Its Results for the First Quarter Ended February 28, 2023

DELSON, Quebec, April 13, 2023 (GLOBE NEWSWIRE) — Goodfellow Inc. (TSX: GDL) (the “Company” or “Goodfellow”) announced today its financial results for the first quarter ended February 28, 2023. The Company reported a net loss of $211 thousand or $0.02 per share compared to net earnings of $5.1 million or $0.60 per share a year ago. Consolidated sales for the three months ended February 28, 2023 were $105.9 million compared to $129.4 million last year. Consumer demand in the first quarter of 2023 was significantly lower as compared to uncharacteristically high levels seen in the same period last year. This slowdown is attributed to supply finally outpacing demand, as well as growing unease around rising inflation and interest rates. Results remain comparable to pre-pandemic levels for the same period, which has been historically...

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MedAvail Reports Fourth Quarter and Full-Year 2022 Financial Results

MedAvail Reports Fourth Quarter and Full-Year 2022 Financial Results

PHOENIX, April 13, 2023 (GLOBE NEWSWIRE) — MedAvail Holdings, Inc. (Nasdaq: MDVL) (“MedAvail”), an innovative pharmacy technology company, today reported financial results for the three months and full-year ended December 31, 2022. “Since assuming the role of CEO in January 2022, I have been impressed by the many growth opportunities addressable by both our pharmacy services and pharmacy technology solutions,” said Mark Doerr, Chief Executive Officer of MedAvail. “However, I believe it is in the best interest of our company to balance topline growth with an alternative path that targets accelerated profitability. As such, we made the difficult decision earlier this year to restructure and sell a majority of our SpotRx pharmacy services assets to CVS. This action will reduce our operating expense run rate by $35 million to $37 million...

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Nurix Therapeutics Reports First Quarter Fiscal 2023 Financial Results and Provides a Corporate Update

Nurix Therapeutics Reports First Quarter Fiscal 2023 Financial Results and Provides a Corporate Update

Licensed to Gilead a new development candidate, NX-0479/GS-6791, a targeted protein degrader of IRAK4, resulting in a $20 million payment Expanded therapeutic area potential of protein degradation pipeline with Gilead in rheumatoid arthritis and other inflammatory diseases Achieved an additional $7.5 million in research milestones in collaborations with Gilead and Sanofi Maintained strong financial position with cash and marketable securities of $325.6 million as of February 28, 2023 SAN FRANCISCO, April 13, 2023 (GLOBE NEWSWIRE) — Nurix Therapeutics, Inc. (Nasdaq: NRIX), a clinical stage biopharmaceutical company developing targeted protein modulation drugs designed to treat patients with hematologic malignancies and solid tumors, today reported financial results for the first quarter ended February 28, 2023 and provided a corporate...

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Hingham Savings Reports First Quarter 2023 Results

Hingham Savings Reports First Quarter 2023 Results

HINGHAM, Mass, April 13, 2023 (GLOBE NEWSWIRE) — HINGHAM INSTITUTION FOR SAVINGS (NASDAQ: HIFS), Hingham, Massachusetts announced results for the quarter ended March 31, 2023. Earnings Net income for the quarter ended March 31, 2023 was $8,510,000 or $3.96 per share basic and $3.87 per share diluted, as compared to $11,864,000 or $5.54 per share basic and $5.38 per share diluted for the same period last year. The Bank’s annualized return on average equity for the first quarter of 2023 was 8.67%, and the annualized return on average assets was 0.82%, as compared to 13.10% and 1.37% for the same period last year. Net income per share (diluted) for the first quarter of 2023 decreased by 28% compared to the same period in 2022. Core net income for the quarter ended March 31, 2023, which represents net income excluding the after-tax...

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Freehold Royalties Ltd. Declares Dividend for April 2023

Freehold Royalties Ltd. Declares Dividend for April 2023

CALGARY, Alberta, April 13, 2023 (GLOBE NEWSWIRE) — Freehold Royalties Ltd. (Freehold) (TSX: FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.09 per common share to be paid on May 15, 2023 to shareholders of record on April 28, 2023. These dividends are designated as “eligible dividends” for Canadian income tax purposes. Freehold’s focus is on acquiring and managing oil and gas royalties. Freehold’s common shares trade on the Toronto Stock Exchange in Canada under the symbol FRU. For further information, contact: Freehold Royalties Ltd.Matt DonohueManager, Investor Relations & Capital Marketst.   403.221.0833f.   403.221.0888tf.  1.888.257.1873e.  mdonohue@rife.com w.  www.freeholdroyalties.com

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Danske Bank A/S revises 2023 net profit outlook upwards. Now expects a net profit of DKK 16.5-18.5 billion

Danske Bank A/S revises 2023 net profit outlook upwards. Now expects a net profit of DKK 16.5-18.5 billion

Company announcement no 3 2023   Danske Bank A/SHolmens Kanal 2 – 12DK – 1092 København KTel. +45 45 14 00 00 13 April 2023 Danske Bank A/S revises 2023 net profit outlook upwards. Now expects a net profit of DKK 16.5-18.5 billion The outlook for 2023 is revised upwards to a net profit in the range of DKK 16.5-18.5 billion. At the release of our 2022 financial results on 2 February this year, we initially guided for a full-year 2023 net profit in the range of DKK 15-17 billion. “Following a turbulent period for banks in general, we are pleased with the performance that we have seen in the first quarter of 2023. The strong financial result benefited from the improved interest rate environment and high trading income driven by good customer activity at Large Corporates & Institutions. Benign financial market conditions further...

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Vicor Corporation to Hold First Quarter Earnings Conference Call and Webcast on April 25, 2023

Vicor Corporation to Hold First Quarter Earnings Conference Call and Webcast on April 25, 2023

ANDOVER, Mass., April 13, 2023 (GLOBE NEWSWIRE) — Vicor Corporation (NASDAQ: VICR) announced today it will hold its first quarter 2023 earnings conference call and webcast on Tuesday, April 25, 2023 at 5:00 p.m. (Eastern). Prepared remarks regarding the company’s financial and operational results for the three months ended March 31, 2023 will be followed by a question and answer period with Patrizio Vinciarelli, Chief Executive Officer, Jim Schmidt, Chief Financial Officer, and Phil Davies, Corporate Vice President, Global Sales and Marketing. Results for the first quarter will be released over GlobeNewswire at the close of the NASDAQ Market Session on April 25, 2023, and the press release and a summary of the company’s financial statements will be available shortly thereafter on the Investor Relations page of Vicor’s...

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