Accounting standard

eHealth, Inc. Appoints John Stelben as Chief Financial Officer

Retrieved on: 
Monday, November 14, 2022

SANTA CLARA, Calif., Nov. 14, 2022 /PRNewswire/ -- eHealth, Inc. (Nasdaq: EHTH), a leading private online health insurance marketplace, today announced that it has appointed John Stelben as Chief Financial Officer, effective immediately. Stelben succeeds Christine Janofsky, who is leaving her role at eHealth.

Key Points: 
  • Brings More Than 25 Years of Financial and Operational Experience to CFO Role; Succeeds Christine Janofsky
    SANTA CLARA, Calif., Nov. 14, 2022 /PRNewswire/ -- eHealth, Inc. (Nasdaq: EHTH), a leading private online health insurance marketplace, today announced that it has appointed John Stelben as Chief Financial Officer, effective immediately.
  • Stelben brings more than 25 years of health insurance experience to eHealth.
  • Prior to that, Mr. Stelben had multiple senior financial roles at Coventry Health Care, Inc., including interim CFO as well as operational responsibilities for Medicare Advantage.
  • "I have worked closely with John for many years and have a deep appreciation of his significant financial leadership experience in healthcare.

IF Bancorp, Inc. Announces Results for First Quarter of Fiscal Year 2023 (Unaudited)

Retrieved on: 
Thursday, November 3, 2022

Noninterest income decreased to $1.2 million for the three months ended September 30, 2022, from $1.5 million for the three months ended September 30, 2021.

Key Points: 
  • Noninterest income decreased to $1.2 million for the three months ended September 30, 2022, from $1.5 million for the three months ended September 30, 2021.
  • Noninterest expense increased to $4.8 million for the three months ended September 30, 2022, from $4.7 million for the three months ended September 30, 2021.
  • Cash and cash equivalents decreased to $11.4 million at September 30, 2022, from $75.8 million at June 30, 2022.
  • Total borrowings, including repurchase agreements, increased to $72.7 million at September 30, 2022 from $24.2 million at June 30, 2022.

Pacific Coast Oil Trust Announces There Will Be No October Cash Distribution

Retrieved on: 
Monday, October 31, 2022

ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.

Key Points: 
  • ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.
  • Costs associated with returning wells to service must be recovered before cash flow to the Trust can be created.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the Underlying Properties).
  • Any anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from PCEC with respect to the relevant period.

Pacific Coast Oil Trust Announces There Will Be No September Cash Distribution

Retrieved on: 
Friday, September 30, 2022

ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.

Key Points: 
  • ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.
  • Therefore, until the net profits deficit is eliminated, the only cash proceeds the Trust will receive are pursuant to the 7.5% overriding royalty interest.
  • Costs associated with returning wells to service must be recovered before cash flow to the Trust can be created.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the Underlying Properties).

TANAKA Starts Taking Orders for Gold Bonding Wires Using "RE Series" 100% Recycled Precious Metals

Retrieved on: 
Tuesday, August 30, 2022

(Head office: Chiyoda-ku, Tokyo; Representative Director & CEO: Koichiro Tanaka), which operates the TANAKA Precious Metals manufacturing business, announced today that its subsidiary TANAKA Denshi Kogyo K.K.

Key Points: 
  • (Head office: Chiyoda-ku, Tokyo; Representative Director & CEO: Koichiro Tanaka), which operates the TANAKA Precious Metals manufacturing business, announced today that its subsidiary TANAKA Denshi Kogyo K.K.
  • (Head office: Kanzaki-gun, Saga; Representative Director & President: Toshiya Yamamoto), which is engaged in the production of various types of bonding wires, will start taking orders for gold (Au) bonding wires manufactured using only "RE Series" 100% recycled precious metals.
  • As a secondary use, the RE Series is being expanded*1 to gold bonding wires manufactured by TANAKA Denshi Kogyo.
  • Boasting the world's highest market share*2, TANAKA Denshi Kogyo's gold bonding wires support the world's semiconductor industry.

Pacific Coast Oil Trust Announces There Will Be No August Cash Distribution

Retrieved on: 
Monday, August 22, 2022

ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.

Key Points: 
  • ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.
  • Therefore, until the net profits deficit is eliminated, the only cash proceeds the Trust will receive are pursuant to the 7.5% overriding royalty interest.
  • Costs associated with returning wells to service must be recovered before cash flow to the Trust can be created.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the Underlying Properties).

Vipshop Reports Unaudited Second Quarter 2022 Financial Results

Retrieved on: 
Friday, August 19, 2022

GUANGZHOU, China, Aug. 19, 2022 /PRNewswire/ -- Vipshop Holdings Limited (NYSE: VIPS), a leading online discount retailer for brands in China ("Vipshop" or the "Company"), today announced its unaudited financial results for the quarter ended June 30, 2022.

Key Points: 
  • On July 8, 2022, Vipshop was named Forbes China's 2022 Best Employer and 2022 Most Sustainable Employer.
  • The Company will hold a conference call on Friday, August 19, 2022 at 7:30 am US Eastern Time, 7:30 pm Beijing Time to discuss the financial results.
  • The Company reviews these non-GAAP financial measures together with GAAP financial measures to obtain a better understanding of its operating performance.
  • For more information on these non-GAAP financial measures, please see the table captioned "Vipshop Holdings Limited Reconciliations of GAAP and Non-GAAP Results" at the end of this release.

Autoscope Technologies Corporation Announces Financial Results Dividend Declaration

Retrieved on: 
Thursday, August 11, 2022

MINNEAPOLIS, Aug. 11, 2022 (GLOBE NEWSWIRE) -- AutoscopeTechnologies Corporation (Nasdaq: AATC) today announced results for itsquarter and six months endedJune 30, 2022and its Board of Directors has authorized and declared a quarterly cash dividend of $0.12 per share of its common stock.

Key Points: 
  • MINNEAPOLIS, Aug. 11, 2022 (GLOBE NEWSWIRE) -- AutoscopeTechnologies Corporation (Nasdaq: AATC) today announced results for itsquarter and six months endedJune 30, 2022and its Board of Directors has authorized and declared a quarterly cash dividend of $0.12 per share of its common stock.
  • The dividend is payable on August 31, 2022 to the shareholders of record at the close of business on August 25, 2022.
  • We provide certain non-GAAP financial information as supplemental information to financial measures calculated and presented in accordance with GAAP (Generally Accepted Accounting Principles in the United States).
  • Management believes that this presentation facilitates the comparison of our current operating results to historical operating results.

DGAP-News: Adtran Holdings, Inc. Reports Earnings for the Second Quarter of 2022 and Declares Quarterly Cash Dividend

Retrieved on: 
Thursday, August 4, 2022

HUNTSVILLE, Ala. (August 3, 2022) ADTRAN Holdings, Inc., (NASDAQ: ADTN) (ADTRAN or the Company), today announced financial results for the second quarter of 2022.

Key Points: 
  • HUNTSVILLE, Ala. (August 3, 2022) ADTRAN Holdings, Inc., (NASDAQ: ADTN) (ADTRAN or the Company), today announced financial results for the second quarter of 2022.
  • Net income for the second quarter of 2022 was $2.1 million and earnings per share was $0.04.
  • The Company also announced that its Board of Directors declared a cash dividend for the second quarter of 2022.
  • ADTRAN Holdings, Inc. solely owns ADTRAN, Inc. (Adtran) and is the majority shareholder of ADVA Optical Networking SE (ADVA).

Pacific Coast Oil Trust Announces There Will Be No July Cash Distribution

Retrieved on: 
Monday, July 25, 2022

ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.

Key Points: 
  • ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.
  • Therefore, until the net profits deficit is eliminated, the only cash proceeds the Trust will receive are pursuant to the 7.5% overriding royalty interest.
  • Costs associated with returning wells to service must be recovered before cash flow to the Trust can be created.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the Underlying Properties).