Income statement

ALLETE, Inc. Reports First Quarter Earnings of 99 Cents per Share

Retrieved on: 
Thursday, May 6, 2021
Alternative energy, Energy, Utilities, Profit, Income statement, United States Generally Accepted Accounting Principles, Income tax in Australia, Taxation in Australia, Net income, Income, Economy

b'ALLETE, Inc. (NYSE: ALE) today reported first quarter 2021 earnings of 99 cents per share on net income of $51.8 million.

Key Points: 
  • b'ALLETE, Inc. (NYSE: ALE) today reported first quarter 2021 earnings of 99 cents per share on net income of $51.8 million.
  • Last year\xe2\x80\x99s results were $1.28 per share on net income of $66.3 million.
  • The timing of income taxes and operating and maintenance expense in 2021 negatively impacted the quarter compared to internal expectations by approximately 15 cents per share, which are expected to reverse during the remainder of the year.
  • Net income at SWL&P and our after-tax equity earnings in ATC were similar to 2020.\nALLETE Clean Energy recorded first quarter 2021 net income of $7.4 million compared to $11.7 million in 2020.

Sprague Resources LP Reports First Quarter 2021 Results

Retrieved on: 
Thursday, May 6, 2021
Profit, Finance, Fundamental analysis, Money, Economy, Earnings before interest, taxes, depreciation and amortization, Private equity, Income statement, Du, Net income, Income, XC2

b'PORTSMOUTH, N.H., May 06, 2021 (GLOBE NEWSWIRE) -- Sprague Resources LP (\xe2\x80\x9cSprague\xe2\x80\x9d) (NYSE: SRLP) today reported its financial results for the first quarter ended March\xc2\xa031, 2021.\nNet sales were $1,036.1 million for the first quarter of 2021, compared to net sales of $959.9 million for the first quarter of 2020.\nGAAP net income was $48.8 million for the first quarter of 2021, compared to net income of $46.7 million for the first quarter of 2020.\nAdjusted gross margin* was $106.2 million for the first quarter of 2021, compared to adjusted gross margin of $83.1 million for the first quarter of 2020.\nAdjusted EBITDA* was $61.8 million for the first quarter of 2021, compared to adjusted EBITDA of $42.4 million for the first quarter of 2020.\n\xe2\x80\x9cSprague\xe2\x80\x99s Adjusted EBITDA increased by 46% over last year as our Refined Products and Natural Gas businesses captured opportunities associated with the modestly colder weather.

Key Points: 
  • b'PORTSMOUTH, N.H., May 06, 2021 (GLOBE NEWSWIRE) -- Sprague Resources LP (\xe2\x80\x9cSprague\xe2\x80\x9d) (NYSE: SRLP) today reported its financial results for the first quarter ended March\xc2\xa031, 2021.\nNet sales were $1,036.1 million for the first quarter of 2021, compared to net sales of $959.9 million for the first quarter of 2020.\nGAAP net income was $48.8 million for the first quarter of 2021, compared to net income of $46.7 million for the first quarter of 2020.\nAdjusted gross margin* was $106.2 million for the first quarter of 2021, compared to adjusted gross margin of $83.1 million for the first quarter of 2020.\nAdjusted EBITDA* was $61.8 million for the first quarter of 2021, compared to adjusted EBITDA of $42.4 million for the first quarter of 2020.\n\xe2\x80\x9cSprague\xe2\x80\x99s Adjusted EBITDA increased by 46% over last year as our Refined Products and Natural Gas businesses captured opportunities associated with the modestly colder weather.
  • The distribution will be paid on May\xc2\xa010, 2021 to unitholders of record as of the close of business on May\xc2\xa04, 2021.\nManagement will review Sprague\xe2\x80\x99s first quarter 2021 financial results in a teleconference call for analysts and investors today, May\xc2\xa06, 2021 at 1:00 PM EST.\nParticipants can dial in up to 30 minutes prior to the start of the call.
  • These are not all of the important factors that could cause actual results to differ materially from those expressed in forward looking statements.
  • Sprague undertakes no obligation and does not intend to update any forward-looking statements to reflect new information or future events.

Innovative Industrial Properties Reports First Quarter 2021 Results

Retrieved on: 
Wednesday, May 5, 2021
Commercial Building & Real Estate, Construction & Property, REIT, Communications, Alternative medicine, Health, Search engine optimization, Other Construction & Property, Search engine marketing, Income, Income statement, Real estate investment trust, Conference call

A complete reconciliation containing adjustments from GAAP net income attributable to common stockholders to FFO and AFFO and definitions of terms are included at the end of this release.\nInnovative Industrial Properties, Inc. will not be conducting a conference call to discuss its first quarter 2021 earnings results, but does expect to conduct a conference call to discuss its second quarter 2021 earnings results.

Key Points: 
  • A complete reconciliation containing adjustments from GAAP net income attributable to common stockholders to FFO and AFFO and definitions of terms are included at the end of this release.\nInnovative Industrial Properties, Inc. will not be conducting a conference call to discuss its first quarter 2021 earnings results, but does expect to conduct a conference call to discuss its second quarter 2021 earnings results.
  • IIP\xe2\x80\x99s current policy is generally to conduct earnings conference calls two times per year, for its second quarter earnings results and fourth quarter and full-year earnings results.\nInnovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities.
  • Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.
  • IIP disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.\n'

CareDx Reports First Quarter 2021 Results

Retrieved on: 
Wednesday, May 5, 2021
Fundamental analysis, Profit, Finance, Money, Economy, Income statement, Earnings before interest, taxes, depreciation and amortization, Private equity, Earnings per share, Income, Net income, XC2

"\nRevenue for the three months ended March\xc2\xa031, 2021 was $67.4 million, an increase of 76% compared with $38.4 million in the first quarter of 2020.

Key Points: 
  • "\nRevenue for the three months ended March\xc2\xa031, 2021 was $67.4 million, an increase of 76% compared with $38.4 million in the first quarter of 2020.
  • Digital and other revenue for the first quarter of 2021 was $2.3 million.\nFor the first quarter of 2021, net loss was $0.7 million compared to a net loss of $5.8 million in the same period of 2020.
  • Basic and diluted net loss per share was $0.01 in the first quarter of 2021, compared to basic and diluted net loss per share of $0.14 in the first quarter of 2020.\nNon-GAAP net income was $7.2 million in the first quarter of 2021 compared to a $0.2 million non-GAAP net income in the first quarter of 2020.
  • Diluted non-GAAP net income per share was $0.14 in the first quarter of 2021, compared to a diluted non-GAAP net income per share of $0.00 in the first quarter of 2020.\nAdjusted EBITDA for the first quarter of 2021 was a gain of $7.7 million, compared to an adjusted EBITDA gain of $0.2 million in the first quarter of 2020.\nCash, cash equivalents & marketable securities were\xc2\xa0$374.3 million\xc2\xa0as of\xc2\xa0March\xc2\xa031, 2021.

National Research Corporation Announces First Quarter 2021 Results

Retrieved on: 
Tuesday, May 4, 2021
Profit, Finance, Economy, Money, Fundamental analysis, Income statement, Net income, Earnings before interest and taxes, Amortization, Depreciation, Expense, Income

b'LINCOLN, Neb., May 04, 2021 (GLOBE NEWSWIRE) -- National Research Corporation (NASDAQ: NRC) today announced results for the first quarter of 2021.\nAs we emerge from the impact of COVID-19, our focus continues on increasing revenue growth rate and enabling human understanding for the clients we serve.

Key Points: 
  • b'LINCOLN, Neb., May 04, 2021 (GLOBE NEWSWIRE) -- National Research Corporation (NASDAQ: NRC) today announced results for the first quarter of 2021.\nAs we emerge from the impact of COVID-19, our focus continues on increasing revenue growth rate and enabling human understanding for the clients we serve.
  • We believe that every added client deepens our moat and brings additive value to all current partners through the network effect.\nFirst quarter 2021 revenue was $35.5 million, an increase of 5% over first quarter 2020.
  • Consolidated operating income for the first quarter 2021 was $12.0 million or a 7% increase over the same period last year.\nTotal operating expenses of $23.4 million for the first quarter 2021 increased by 3% compared to the first quarter 2020 total operating expenses of $22.7 million.\nDirect expenses decreased to $11.9 million for the first quarter 2021, compared to $12.5 million for the first quarter 2020.
  • Depreciation, amortization and impairment expense was 6% of revenue for the first quarter 2021, compared to 4% of revenue for first quarter of 2020.\nOther income and expense was $408,000 of other net expense in the first quarter 2021 compared to $176,000 of other net income in first quarter of 2020.

Blueknight Announces First Quarter 2021 Results

Retrieved on: 
Tuesday, May 4, 2021
Oil, Gas, Energy, Finance, Profit, Money, Economy, Fundamental analysis, Income statement, Earnings before interest, taxes, depreciation and amortization, Private equity, Net income, Amortization, Income, Depreciation

b'Blueknight Energy Partners, L.P. (\xe2\x80\x9cBlueknight\xe2\x80\x9d or the \xe2\x80\x9cPartnership\xe2\x80\x9d) (Nasdaq: BKEP and BKEPP) today reported its financial results for the first quarter ended March 31, 2021.

Key Points: 
  • b'Blueknight Energy Partners, L.P. (\xe2\x80\x9cBlueknight\xe2\x80\x9d or the \xe2\x80\x9cPartnership\xe2\x80\x9d) (Nasdaq: BKEP and BKEPP) today reported its financial results for the first quarter ended March 31, 2021.
  • Net income was $81.7 million in the first quarter 2021, compared to net income of $0.0 million for the same period in 2020.
  • The first quarter 2021 included a $75.1 million gain from the sales of the crude oil businesses.\nAdjusted earnings before interest, taxes, depreciation and amortization (\xe2\x80\x9cAdjusted EBITDA\xe2\x80\x9d) was $11.4 million in first quarter 2021 compared to $11.0 million for the same period in 2020.
  • Adjusted EBITDA in first quarter 2021 excluded $0.8 million in transaction fees, severance, and other costs related to the sales of the crude oil businesses.\n\xe2\x80\x9cI am very pleased with our performance during the first quarter 2021 and the foundation we have following the sales of our crude oil businesses.

Fringe Benefit Group and eMars Simplify Compliance for Government Contractors

Retrieved on: 
Tuesday, May 4, 2021
Professional services, Data management, Technology, Human resources, Software, Accounting, Wages and salaries, Income statement, Withholding taxes, Employee relations, Economy, Payroll, Employment compensation, Expense, Prevailing wage, Paycheck, Federal Insurance Contributions Act tax

b'Fringe Benefit Group, an industry leader in the design, implementation and administration of benefits for hourly and part-time workers, today announced it has established a partnership with eMars to simplify compliance reporting for government contractors using Fringe Benefit Group\xe2\x80\x99s prevailing wage benefit plan, The Contractors Plan .\nFringe Benefit Group is known for its full-service suite of tools and services that greatly reduce the burden of plan enrollment and administration for employers.

Key Points: 
  • b'Fringe Benefit Group, an industry leader in the design, implementation and administration of benefits for hourly and part-time workers, today announced it has established a partnership with eMars to simplify compliance reporting for government contractors using Fringe Benefit Group\xe2\x80\x99s prevailing wage benefit plan, The Contractors Plan .\nFringe Benefit Group is known for its full-service suite of tools and services that greatly reduce the burden of plan enrollment and administration for employers.
  • Contractors must certify each week\xe2\x80\x99s payroll and eMars\xe2\x80\x99 verification process uses a Web browser to provide real-time validation of prevailing wage payroll compliance prior to certification and release of funds.
  • Many non-union contractors pay workers comp and general liability insurance premiums as well as payroll taxes (e.g.
  • These fringe contributions on the paycheck can create unnecessary payroll burden costs of tens of thousands of dollars per year.

Corsair Gaming Reports Record First Quarter 2021 Financial Results

Retrieved on: 
Tuesday, May 4, 2021
Fundamental analysis, Finance, Profit, Money, Economy, Income statement, Earnings before interest, taxes, depreciation and amortization, Private equity, Income, Earnings before interest and taxes, Earnings per share

Two new CORSAIR gaming mice also enter the CHAMPION SERIES lineup: the SABRE RGB PRO and SABRE PRO.

Key Points: 
  • Two new CORSAIR gaming mice also enter the CHAMPION SERIES lineup: the SABRE RGB PRO and SABRE PRO.
  • Thanks to VBI technology and design, anyone can create stylish, personalized live-streaming content.\nWe will host a conference call to discuss the first quarter 2021 financial results on May 4, 2021, at 5:30 a.m. PT.
  • Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected.
  • Our results for the quarter ended March 31, 2021 are not necessarily indicative of our operating results for any future periods.\nTo supplement the financial results presented in accordance with GAAP, this earnings release presents certain non-GAAP financial information, including Adjusted Operating Income, Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Net Income and Adjusted Net Income Per Share.

Halfpricesoft.com Has Released A Video For Manual Data Input With New MAC ezPaycheck Software

Retrieved on: 
Monday, May 3, 2021
Income statement, Employment compensation, Expense, Payroll, Paycheck, Economy

b'TAMPA, Fla., May 3, 2021 /PRNewswire-PRWeb/ -- Business owners switching to the MAC version of ezPaycheck payroll software , mid-year get an easy to follow video from Halfpricesoft.com on how to manually input YTD data.

Key Points: 
  • b'TAMPA, Fla., May 3, 2021 /PRNewswire-PRWeb/ -- Business owners switching to the MAC version of ezPaycheck payroll software , mid-year get an easy to follow video from Halfpricesoft.com on how to manually input YTD data.
  • This YTD video is for customers who are ready to take the reins and run payroll, in-house for effectively and less expensively.\n"Halfpricesoft.com has added a video on how to manually add YTD data using ezPaycheck 2021 MAC version payroll software."
  • explains Dr. Ge, Founder of Halfpricesoft.com\nCustomers seeking a way to simplify payroll processing with more accuracy can go online to https://www.halfpricesoft.com/mac_payroll_software/ezPaycheck_mac.asp and download the payroll software.
  • Software from halfpricesoft.com is trusted by thousands of customers and will help small business owners simplify payroll processing and streamline business management.\n'

JNES Announces 1st Quarter 2021 Earnings

Retrieved on: 
Friday, April 30, 2021
Income, Income statement, Investment

b'JONESTOWN, Pa., April 30, 2021 (GLOBE NEWSWIRE) -- Jonestown Bank & Trust Co. (JBT), - (OTC Pink: JNES) reported earnings of $1,330,000 or $0.55 per share for the first quarter of 2021, up 72.5% from $771,000 or $0.32 per share in the prior year.

Key Points: 
  • b'JONESTOWN, Pa., April 30, 2021 (GLOBE NEWSWIRE) -- Jonestown Bank & Trust Co. (JBT), - (OTC Pink: JNES) reported earnings of $1,330,000 or $0.55 per share for the first quarter of 2021, up 72.5% from $771,000 or $0.32 per share in the prior year.
  • \xe2\x80\x9cThe improvement in earnings is the result of profitable growth as evidenced by a 19.90% increase in net interest income and a reduction in the expense for the provision for loan losses.
  • Founded in 1873, the bank currently has 14 full-service locations.
  • More information is available in the quarterly shareholder letter found on the Investors Relations tab of jbt.bank.\n'