Month: April 2023

Scorpio Tankers Inc. Announces Repurchases of Its Common Shares

Written by Customer Service on April 3, 2023. Posted in Public Companies.

MONACO, April 03, 2023 (GLOBE NEWSWIRE) — Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that it has repurchased its common shares in the open market. Recently, the Company purchased 1,269,864 of its common shares in the open market at an average price of $54.30 per share as part of the Company’s securities repurchase program. Since January 1, 2023, the Company has repurchased 3,161,167 common shares in the open market for $164.0 million and currently has 59,900,921 issued and outstanding. Scorpio Tankers has $181.0 million available under its current Securities Repurchase Program. About Scorpio Tankers Inc. Scorpio Tankers Inc. is a provider of marine transportation of petroleum products worldwide. Scorpio Tankers Inc. currently owns, lease finances or bareboat charters-in 113 product tankers...

TSS, Inc. Reports Fourth Quarter and Fiscal 2022 Results

Written by Customer Service on April 3, 2023. Posted in Earnings Releases And Operating Results.

ROUND ROCK, Texas, April 03, 2023 (GLOBE NEWSWIRE) — TSS, Inc. (Other OTC: TSSI), a data center facilities and technology services company, reported results for its fourth quarter and fiscal year ended December 31, 2022. Fourth Quarter Highlights (unaudited):Fourth quarter 2022 revenue of $10.9 million compared with $14.6 million in the fourth quarter of 2021. Reseller revenues were $7.6 million in the fourth quarter of 2022 compared to $11.7 million in the fourth quarter of 2021. Gross margin of 18% in the fourth quarter of 2022 compared with 12% in the fourth quarter of 2021. Operating loss of $723,000 in the fourth quarter of 2022 compared to an operating loss of $100,000 in the fourth quarter of 2021. Included in the 2022 results are one-time costs of $581,000 associated with the change in chief executive officer during the...

SPX Technologies Announces Acquisition of TAMCO

Written by Customer Service on April 3, 2023. Posted in Public Companies.

Expands Position in Engineered Air Movement;Accretive to HVAC Segment Growth and Margin CHARLOTTE, N.C., April 03, 2023 (GLOBE NEWSWIRE) — SPX Technologies Inc. (NYSE:SPXC) (“SPX Technologies” or the “Company”) announced today that it has acquired privately held TAMCO for approximately CA$170 million (approximately US$125 million) in cash. Headquartered in Smiths Falls, Ontario, Canada, TAMCO is a market leader in motorized and non-motorized dampers that control airflow in large-scale specialty applications in commercial, industrial, and institutional markets. TAMCO, which has operations in Canada and the US, is well-known for its eco-friendly solutions, which provide very low levels of air leakage in critical thermal applications, such as data centers and healthcare facilities. TAMCO is now a part of SPX Technologies’ HVAC segment...

LOVE PHARM INC. ANNOUNCES GRANT OF STOCK OPTIONS

Written by Customer Service on April 3, 2023. Posted in Public Companies.

VANCOUVER, BC, CANADA, April 03, 2023 (GLOBE NEWSWIRE) — LOVE Pharma Inc. (“LOVE” and or “the Company”) (CSE:LUV) (FSE: G1Q0) is pleased to announce that it has issued a total of 5,035,000 options pursuant to its incentive stock option plan (“Plan”) to management, employees and consultants. Each option entitles the holder to subscribe for one common share of the Company for $0.05 for up to a period of 5 years, subject to the terms of the Plan. The options will vest immediately upon issuance. The Company cancelled a total of 3,700,000 stock options (pre-consolidation) on December 1, 2022, including 1,375,000 to insiders as they were no longer serving their purpose in aligning the interest of the holders with those of shareholders. About Love Pharma Inc. With a focus on the global sexual Health and Wellness markets, Love Pharma...

Robinhood Markets, Inc. to Announce First Quarter 2023 Results on May 10, 2023

Written by Customer Service on April 3, 2023. Posted in Public Companies.

MENLO PARK, Calif., April 03, 2023 (GLOBE NEWSWIRE) — Today, Robinhood Markets, Inc. (NASDAQ: HOOD) announced that it will release its first quarter 2023 financial results on Wednesday, May 10, 2023 after market close. An earnings conference call will be held at 2:00 PM PT/5:00 PM ET on the same day. A live webcast of the call and supporting materials will be available at investors.robinhood.com. Following the call, a replay and transcript will also be available on the same website. Robinhood shareholders can submit and upvote questions to management using the Q&A platform developed by Say Technologies ahead of Robinhood’s first quarter 2023 earnings call. Shareholders can visit https://app.saytechnologies.com/robinhood-2023-q1/ to submit questions. The Q&A platform will be open for question submission starting May 3,...

Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for March 2023

Written by Customer Service on April 3, 2023. Posted in Earnings Releases And Operating Results.

– Increased Bitcoin Production 21% Month-Over-Month, Producing a Record 825 BTC in March 2023 and a Record 2,195 BTC in Q1 2023 – Increased Hash Rate 64% in Q1 2023 to 11.5 EH/s as of March 31, 2023 – Reported Unrestricted Cash and Cash Equivalents of $124.9 Million and Increased Unrestricted Bitcoin Holdings to 11,466 BTC (c. $326.5 Million) as of March 31, 2023 FORT LAUDERDALE, Fla., April 03, 2023 (GLOBE NEWSWIRE) — Marathon Digital Holdings, Inc. (NASDAQ:MARA) (“Marathon” or “Company”), a leader in supporting and securing the Bitcoin ecosystem, today published unaudited bitcoin (“BTC”) production and miner installation updates for March 2023. Management Commentary“During the first quarter of 2023, we made notable progress executing on our two primary initiatives for the year, which...

Quisitive Reports Fourth Quarter and Full Year 2022 Financial Results

Written by Customer Service on April 3, 2023. Posted in Earnings Releases And Operating Results.

TORONTO, April 03, 2023 (GLOBE NEWSWIRE) — Quisitive Technology Solutions Inc. (“Quisitive” or the “Company”) (TSXV: QUIS, OTCQX: QUISF), a premier Microsoft solutions provider and payments solutions provider, today reported financial results for the fourth quarter and full year ended December 31, 2022. Management Commentary“In 2022, we made significant progress with PayiQ, completed major acquisition integration activities which streamlined processes and enhanced synergies, achieved strong financial results, and remained resilient throughout turbulent economic times,” said Quisitive CEO Mike Reinhart. “We’ve experienced momentum in our Cloud Solutions segment with advancements made on the MazikCare platform and Spyglass security managed services offerings utilizing the capabilities of Microsoft Azure and Dynamics to alleviate...

Chembio’s CEO Letter to Stockholders

Written by Customer Service on April 3, 2023. Posted in Mergers And Acquisitions.

Reminder to Tender Shares Before 6:00 P.M., New York City Time, on April 12, 2023 MEDFORD, N.Y., April 03, 2023 (GLOBE NEWSWIRE) — Chembio Diagnostics, Inc. (Nasdaq: CEMI), a leading point-of-care diagnostics company focused on infectious diseases, today released the following letter to stockholders concerning the pending tender offer by Biosynex SA. April 3, 2023 Fellow Chembio Stockholders, As previously communicated, Chembio Diagnostics, Inc. (“Chembio” or the “Company”) entered into an Agreement and Plan of Merger (the “Merger Agreement”), dated as of January 31, 2023, with Biosynex SA (“Biosynex”), and Project Merci Merger Sub, Inc., a Nevada corporation and wholly-owned indirect subsidiary of Biosynex (the “Purchaser”). Pursuant to the Merger Agreement, the Purchaser commenced a tender offer (the “Offer”) to purchase all...

Sotherly Hotels Inc. Reports Preliminary Operating Results for the First Quarter Ended March 31, 2023

Written by Customer Service on April 3, 2023. Posted in Earnings Releases And Operating Results.

WILLIAMSBURG, Va., April 03, 2023 (GLOBE NEWSWIRE) — Sotherly Hotels Inc. (NASDAQ: SOHO), (“Sotherly” or the “Company”), a self-managed and self-administered lodging real estate investment trust (a “REIT”), today reported preliminary operating results for the Company’s ten wholly-owned properties, (“same-store” portfolio metrics). Accordingly, the actual data does not include the participating condominium hotel rooms of the Hyde Resort & Residences and the Hyde Beach House, the Sheraton Louisville Riverside, or the DoubleTree by Hilton Raleigh Brownstone. Preliminary same-store portfolio metrics for the first quarter 2023 were as follows: January Results March Results Jan-23 % Variance to 2022 Mar-23 % Variance to 2022Occupancy 48.7% 22.9% Occupancy 69.4% -0.7% ADR $175.11 13.6% ADR $197.76 6.1% RevPAR $84.48 40.0% RevPAR $135.93 5.0% February...

Compass Diversified Declares First Quarter 2023 Distributions on Common and Series A, B and C Preferred Shares

Written by Customer Service on April 3, 2023. Posted in Dividend Reports And Estimates.

WESTPORT, Conn., April 03, 2023 (GLOBE NEWSWIRE) — Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that its Board of Directors (the “Board”) has declared a quarterly cash distribution of $0.25 per share on the Company’s common shares (the “Common Shares”). The distribution for the three months ended March 31, 2023 is payable on April 27, 2023 to all holders of record of Common Shares as of April 20, 2023. The Board also declared a quarterly cash distribution of $0.453125 per share on the Company’s 7.250% Series A Preferred Shares (the “Series A Preferred Shares”). The distribution on the Series A Preferred Shares covers the period from, and including, January 30, 2023, up to, but excluding, April 30, 2023. The distribution for such period is payable on April...

Month: April 2023

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