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Artesian Resources Corporation Reports 2022 Year-End Earnings and Fourth Quarter Results

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Thursday, March 9, 2023
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NEWARK, Del., March 09, 2023 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider of water and wastewater services, and a number of other related core business services, on the Delmarva Peninsula, today announced earnings results for the fourth quarter and year ended December 31, 2022.

Key Points: 
  • NEWARK, Del., March 09, 2023 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider of water and wastewater services, and a number of other related core business services, on the Delmarva Peninsula, today announced earnings results for the fourth quarter and year ended December 31, 2022.
  • Diluted earnings per share was $1.90 for the year ended December 31, 2022, a 6.3% increase compared to $1.79 for the same period of 2021.
  • “We are pleased to have delivered solid financial results for 2022.
  • Diluted earnings per share was $0.24 for the quarter ended December 31, 2022, a 24.5% decrease compared to $0.32 for the same period of 2021.

Ring Energy Announces Record Fourth Quarter and Full Year 2022 Results, Nearly 80% Increase in Year-End 2022 Proved Reserves and Provides 2023 Guidance

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Thursday, March 9, 2023
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THE WOODLANDS, Texas, March 09, 2023 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today reported operational and financial results for the fourth quarter and full year 2022, including Ring’s year-end 2022 proved reserves. In addition, the Company provided first quarter and full year 2023 operational and capital spending guidance.

Key Points: 
  • Adjusted EBITDA was $56.3 million for the fourth quarter of 2022, essentially flat with $56.0 million for the third quarter of 2022.
  • Revenues were $99.7 million for the fourth quarter of 2022 compared to $94.4 million for the third quarter of 2022 and $59.7 million for the fourth quarter of 2021.
  • Operating Lease Expense: Operating lease expense was $113,138 for the fourth quarter of 2022 versus $83,590 for the third quarter of 2022 and $83,591 in the fourth quarter of 2021.
  • Also included in fourth quarter 2022 capital spending were costs for capital workovers, infrastructure upgrades, and leasing costs.

Aware Reports Fourth Quarter and Full Year 2022 Financial Results

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Thursday, March 9, 2023
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BURLINGTON, Mass., March 09, 2023 (GLOBE NEWSWIRE) -- Aware, Inc. (NASDAQ: AWRE), a leading authentication company applying proven and trusted adaptive authentication to solve everyday business challenges with biometrics, today reported financial results for the fourth quarter and fiscal year ended December 31, 2022.

Key Points: 
  • BURLINGTON, Mass., March 09, 2023 (GLOBE NEWSWIRE) -- Aware, Inc. (NASDAQ: AWRE), a leading authentication company applying proven and trusted adaptive authentication to solve everyday business challenges with biometrics, today reported financial results for the fourth quarter and fiscal year ended December 31, 2022.
  • Revenue for the fourth quarter 2022 was relatively flat at $4.1 million compared to $4.0 million from the same quarter in the prior year.
  • Recurring revenue for the fourth quarter 2022 was $2.6 million, or 65% of total fourth quarter revenue, an increase of 16% from the same quarter in 2021.
  • Repurchased 628,000 common shares at an average price of $1.83 per share in the fourth quarter of 2022, bringing the total common shares repurchased in 2022 to 705,201 and reducing outstanding shares by over 3%.

Gevo Reports Fourth Quarter 2022 Financial Results

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Thursday, March 9, 2023
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During the year ended December 31, 2022, compared to the year ended December 31, 2021, revenue increased $0.6 million primarily due to the RNG sales.

Key Points: 
  • During the year ended December 31, 2022, compared to the year ended December 31, 2021, revenue increased $0.6 million primarily due to the RNG sales.
  • Cost of production increased $1.0 million during the year ended December 31, 2022, compared to the year ended December 31, 2021, primarily due to the costs related to RNG production and sales.
  • During the year ended December 31, 2022, net cash used in operating activities was $52.6 million compared to $48.3 million for the year ended December 31, 2021.
  • They will review Gevo’s financial results and provide an update on recent corporate highlights.

Mission Produce™ Announces Fiscal 2023 First Quarter Financial Results

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Thursday, March 9, 2023
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OXNARD, Calif., March 09, 2023 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (Nasdaq: AVO) (“Mission” or the “Company”), a world leader in sourcing, producing, and distributing fresh Hass avocados with additional offerings in mangos and blueberries, today reported its financial results for the fiscal first quarter ended January 31, 2023.

Key Points: 
  • OXNARD, Calif., March 09, 2023 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (Nasdaq: AVO) (“Mission” or the “Company”), a world leader in sourcing, producing, and distributing fresh Hass avocados with additional offerings in mangos and blueberries, today reported its financial results for the fiscal first quarter ended January 31, 2023.
  • With this backdrop, we expect to deliver a better year of operating performance in fiscal 2023.”
    Total revenue for the first quarter of fiscal 2023 decreased $3.1 million or 1% compared to the same period last year.
  • Net sales in the Blueberries segment in the first quarter of fiscal 2023 were $29.8 million and segment adjusted EBITDA was $(0.5) million.
  • As previously announced, the Company will host a conference call to discuss its first quarter of fiscal 2023 financial results today at 5:00 p.m.

AppHarvest announces 2022 Q4 and full-year results, achieving net sales guidance of $14.6 million

Retrieved on: 
Thursday, March 9, 2023
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MOREHEAD, Ky., March 09, 2023 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ: APPH, APPHW), a sustainable food company, public benefit corporation and Certified B Corp building some of the world’s largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, today announced its fourth quarter and full-year 2022 operating and financial results, achieving its previous revised guidance, quadrupling the AppHarvest farm network in 2022 and diversifying its crop portfolio. With significant infrastructure now in place to deliver fresh fruits and vegetables to top grocery chains and restaurants, the company expects to nearly triple its net sales year-over-year in 2023.

Key Points: 
  • Fourth quarter net sales were $4.5 million compared to net sales of $3.1 million in the fourth quarter 2021.
  • For net sales reporting purposes, the company plans to move from a metric of pounds sold to overall net sales by produce type.
  • The company delivered net sales of $14.6 million compared to $9.1 million for the prior year, an increase of 60% year-over-year.
  • The company reported a net loss of $176.6 million compared to a net loss of $166.2 million for the prior year.

Toscano Floor Designs Selects Blitzz’s App-Free Video Support to Enhance Installation Process

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Thursday, March 9, 2023
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Toscano Floor Designs provides a number of flooring services – from consultation to installation – throughout the state of New York.

Key Points: 
  • Toscano Floor Designs provides a number of flooring services – from consultation to installation – throughout the state of New York.
  • Blitzz’s live, one-click, app-free video support software modernizes Toscano’s installation and project management process by allowing its people to remotely evaluate on-site progress, troubleshoot problems, and share updates in real-time.
  • Improved communication: Blitzz allows Toscano to have a more interactive experience and support early site preview for installations and consultations.
  • More efficient sales process: Toscano Floor Designs uses Blitzz to remotely assess a prospective customer’s space, provide more accurate quotes, and share initial ideas.

Tritium Reports Record Sales, Revenue, and Backlog for 2022 Calendar Year

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Thursday, March 9, 2023
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BRISBANE, Australia, March 09, 2023 (GLOBE NEWSWIRE) -- Tritium DCFC Limited (Nasdaq: DCFC) (“Tritium” or the “Company”), a global developer and manufacturer of direct current (“DC”) fast chargers for electric vehicles (“EVs”), today announced record sales orders, record revenue, and record backlog for the Company’s 2022 calendar year, and released financial statements for the six-month period ended December 31, 2022.

Key Points: 
  • BRISBANE, Australia, March 09, 2023 (GLOBE NEWSWIRE) -- Tritium DCFC Limited (Nasdaq: DCFC) (“Tritium” or the “Company”), a global developer and manufacturer of direct current (“DC”) fast chargers for electric vehicles (“EVs”), today announced record sales orders, record revenue, and record backlog for the Company’s 2022 calendar year, and released financial statements for the six-month period ended December 31, 2022.
  • “We invested in a US factory earlier than our competitors and on a bigger scale.
  • Tritium believes the Company’s planned US production capacity remains the highest of any publicly announced DC fast charger manufacturer in the US.
  • Based on management estimates, at December 31, 2022 Tritium believes it held the #1 universal fast charger market share in the US, Australia, and New Zealand, and the #3 position across Europe.

REE Automotive Names Authorized Dealers for The United States

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Thursday, March 9, 2023
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INDIANAPOLIS, March 09, 2023 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of electric vehicle (EV) platforms, today announced the names of the first US dealers that will be offering Powered by REE EVs to end customers looking to electrify their commercial fleets, as part of REE’s go-to-market approach of signing authorized dealers.

Key Points: 
  • INDIANAPOLIS, March 09, 2023 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of electric vehicle (EV) platforms, today announced the names of the first US dealers that will be offering Powered by REE EVs to end customers looking to electrify their commercial fleets, as part of REE’s go-to-market approach of signing authorized dealers.
  • Initial deliveries to these dealers are slated to begin in Q4 2023.REE will offer training to authorized dealers to certify technicians to provide service on Powered by REE vehicles.
  • REE has entered into an agreement with Mitsubishi HC Capital America to provide a customized finance solution for dealers within the REE network.
  • Dealers interested in carrying REE vehicles should contact our business group at https://ree.auto/dealers or visit the REE booth #1843 at NTEA Work Truck Week in Indianapolis March 8-10.

Global Water Resources Reports Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Thursday, March 9, 2023
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PHOENIX, March 08, 2023 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), a pure-play water resource management company, reported results for the fourth quarter and full year ended December 31, 2022.

Key Points: 
  • PHOENIX, March 08, 2023 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), a pure-play water resource management company, reported results for the fourth quarter and full year ended December 31, 2022.
  • Net income increased 138% to $824,000 or $0.04 per share in the fourth quarter of 2022.
  • Total other expense totaled $275,000 for the fourth quarter of 2022 compared to other expense of $728,000 in the fourth quarter of 2021.
  • Global Water Resources will hold a conference call to discuss its fourth quarter and full year 2022 results tomorrow, followed by a question-and-answer period.