EPs

Tapinator Announces Record Q2 2021 Financial Results

Retrieved on: 
Tuesday, August 3, 2021
Fundamental analysis, Earnings before interest, taxes, depreciation and amortization, Private equity, Profit, Financial ratio

Ilya Nikolayev, CEO of Tapinator commented, "We are extremely happy with our record performance in Q2.

Key Points: 
  • Ilya Nikolayev, CEO of Tapinator commented, "We are extremely happy with our record performance in Q2.
  • Our growth compares quite favorably to mobile game industry growth estimated at 5% in Q2, 2021, according to market research firm Sensor Tower.
  • Management uses Bookings and adjusted EBITDA internally in analyzing our financial results to assess operational performance and liquidity.
  • Below, we have provided reconciliations between our historical and projected Bookings and adjusted EBITDA to the most directly comparable GAAP financial measures below.

Lithia Motors' Evolving Customer-Centric Strategy Drives Marketing Leadership Changes

Retrieved on: 
Tuesday, August 3, 2021
Companies, Steven Spielberg, Universal City, California, Lithia Motors, Lithia, DreamWorks Animation, NBCUniversal, The Walt Disney Company

LAD's 50-50 strategic plan is a uniquely compelling combination of traditional store networks aligned with a fast-growing Driveway e-commerce channel.

Key Points: 
  • LAD's 50-50 strategic plan is a uniquely compelling combination of traditional store networks aligned with a fast-growing Driveway e-commerce channel.
  • Ms. Celeste is an alum of NBC Universal, DreamWorks Animation, The Walt Disney Company, and Lithia Motors.
  • Fully aligned with this strategy is the transition of Tom Dobry to Vice President of Marketing.
  • LAD's omni-channel strategy will continue to pragmatically disrupt the industry by leveraging experienced teams, vast owned inventories, technology, and physical network.

Kennametal Reports Q4 and Fiscal 2021 Results; Announces Share Repurchase Program

Retrieved on: 
Monday, August 2, 2021
Kennametal, Latrobe, Pennsylvania, Cash flow, Finance, Economy, Business

Under this program, the Company intends to repurchase up to $200 million of Kennametal common stock.

Key Points: 
  • Under this program, the Company intends to repurchase up to $200 million of Kennametal common stock.
  • Net cash flow provided by operating activities in fiscal 2021 was $236 million compared to $224 million in the prior year.
  • The Company will discuss its fiscal 2021 fourth quarter and full year results in a live webcast at 8:00 a.m. Eastern Time, Tuesday, August 3, 2021.
  • Kennametal generated nearly $1.8 billion in revenues in fiscal 2021.

Federal Signal Raises Full-Year Outlook After Reporting 79% Increase in Orders and Record Backlog in Strong Second Quarter; Expecting Long-Term Benefits From Infrastructure Legislation

Retrieved on: 
Thursday, July 29, 2021
Recessions

In the Environmental Solutions Group, net sales for the second quarter were $281 million, up $67 million, or 31%, compared to the prior-year quarter.

Key Points: 
  • In the Environmental Solutions Group, net sales for the second quarter were $281 million, up $67 million, or 31%, compared to the prior-year quarter.
  • Consolidated operating income for the second quarter was $38.5 million, up $7.2 million, or 23%, compared to the prior-year quarter.
  • Consolidated orders for the second quarter were $361 million, up $159 million, or 79%, compared to the prior-year quarter.
  • Federal Signal will host its second quarter conference call on Thursday, July 29, 2021 at 10:00 a.m. Eastern Time.

Epsilyte Moving Expandable Polystyrene (EPS) Prices Up With Rising Feedstock Costs

Retrieved on: 
Monday, July 19, 2021
Packaging, Chemicals, Plastics, Manufacturing, Building insulation materials, Organic polymers, Packaging materials, Chemistry, Insulators, Polystyrene, Thermoplastics, Goods economics), Materials, EPs

Epsilyte, a leading North American producer of Expandable Polystyrene (EPS), will increase the price of all grades of EPS by $0.05/lb., effective August 1, 2021 or as contracts permit.

Key Points: 
  • Epsilyte, a leading North American producer of Expandable Polystyrene (EPS), will increase the price of all grades of EPS by $0.05/lb., effective August 1, 2021 or as contracts permit.
  • Rising feedstock costs, along with current EPS supply and demand dynamics, necessitate this adjustment.
  • Epsilyte is one of North Americas leading producers of expandable polystyrene resin.
  • We are a company of scale focused on solving customer needs for efficient, high-R value EPS.

Blue Ridge Bankshares, Inc. and FVCBankcorp, Inc. Announce Transformational Combination to Create a Top-Performing Financial Institution

Retrieved on: 
Wednesday, July 14, 2021
Banking, Professional services, Finance, Blue Ridge

FVCB shareholders will own approximately 47.5% and Blue Ridge shareholders will own approximately 52.5% of the combined company on a fully diluted basis.

Key Points: 
  • FVCB shareholders will own approximately 47.5% and Blue Ridge shareholders will own approximately 52.5% of the combined company on a fully diluted basis.
  • We are thrilled to be partnering with Blue Ridge Bankshares in this merger.
  • Blue Ridge Bankshares, Inc. is the holding company for Blue Ridge Bank, National Association.
  • The registration statement will include a joint proxy statement of Blue Ridge and FVCB that also constitutes a prospectus of Blue Ridge.

Fortuna Advisors' 2021 Buyback ROI Report Ranks the U.S.'s Largest Share Repurchasers on their Buyback Performance

Retrieved on: 
Thursday, July 15, 2021
Stock market, Share repurchase, Repurchase agreement, Shareholder, Buyback, Financial market, Corporations, Economy, Business

The total dollar amount committed to share repurchases was the most impacted, dropping 55% quarter-over-quarter in Q2 2020, and 29% for the full year.

Key Points: 
  • The total dollar amount committed to share repurchases was the most impacted, dropping 55% quarter-over-quarter in Q2 2020, and 29% for the full year.
  • The market and economic volatility during 2020 led to suboptimal repurchase decisions for many issuers.
  • As market prices converge to intrinsic value over time, the increased value accrues to the company and its remaining shareholders.
  • The goal of this study is to help management teams understand how buyback programs can be optimized to deliver higher total shareholder returns.

RBB Bancorp Announces Closing of Subordinated Note Offering

Retrieved on: 
Friday, March 26, 2021
Banking, Professional services, Finance, RBB, EPs, Albums, Companies

RBB Bancorp (NASDAQ: RBB or the Company), the financial holding company for Royal Business Bank ("the Bank") and RBB Asset Management Company, announced today that it had completed its previously announced underwritten offering and sale of its $120.0 million aggregate principal amount of 4.00% Fixed-to-Floating Rate Subordinated Notes due 2031 (the Notes).

Key Points: 
  • RBB Bancorp (NASDAQ: RBB or the Company), the financial holding company for Royal Business Bank ("the Bank") and RBB Asset Management Company, announced today that it had completed its previously announced underwritten offering and sale of its $120.0 million aggregate principal amount of 4.00% Fixed-to-Floating Rate Subordinated Notes due 2031 (the Notes).
  • The Notes were sold at par, resulting in net proceeds, after underwriting discounts and estimated offering expenses, of approximately $118.1 million.
  • Janney Montgomery Scott LLC is acted as lead book-running manager and Hovde Group, LLC and Stephens Inc. acted as co-managers for the offering.
  • RBB Bancorp is a community-based financial holding company headquartered in Los Angeles, California.

Epsilyte Moving Expandable Polystyrene (EPS) Prices up to Keep Pace With Rising Feedstock and Delivery Costs

Retrieved on: 
Wednesday, March 10, 2021
Other Energy, Energy, Food, Beverage, Construction & Property, Other Manufacturing, Retail, Packaging, Chemicals, Plastics, Building Systems, Transport, Manufacturing, Logistics, Supply chain management, Building insulation materials, Organic polymers, Packaging materials, Chemistry, Insulators, Polystyrene, Thermoplastics, Volatility, EPs, Physical sciences, Chemical substances

Epsilyte, a leading North American producer of Expandable Polystyrene (EPS), will increase the price of all grades of EPS by $0.10/lb., effective April 1, 2021 or as contracts permit.

Key Points: 
  • Epsilyte, a leading North American producer of Expandable Polystyrene (EPS), will increase the price of all grades of EPS by $0.10/lb., effective April 1, 2021 or as contracts permit.
  • The increase is driven by increasing cost volatility and the current supply dynamics of the global EPS market.
  • Epsilyte is one of North Americas leading producers of expandable polystyrene resin.
  • We are a company of scale focused on solving customer needs for efficient, high-R value EPS.

Epsilyte Moving Expandable Polystyrene (EPS) Prices up to Keep Pace With Escalating Costs

Retrieved on: 
Wednesday, March 3, 2021
Packaging, Retail, Chemicals, Plastics, Other Energy, Manufacturing, Other Construction & Property, Supply chain management, Energy, Construction & Property, Transport, Building Systems, Other Manufacturing, Logistics, Supply chain management, Food, Beverage, Building insulation materials, Organic polymers, Packaging materials, Chemistry, Insulators, Polystyrene, Thermoplastics, Volatility, EPs, Physical sciences, Chemical substances

Epsilyte, a leading North American producer of Expandable Polystyrene (EPS), will increase the price of all grades of EPS by $0.07/lb., effective March 15, 2021 or as contracts permit.

Key Points: 
  • Epsilyte, a leading North American producer of Expandable Polystyrene (EPS), will increase the price of all grades of EPS by $0.07/lb., effective March 15, 2021 or as contracts permit.
  • The non-traditional timing of this increase is driven by increasing cost volatility and the current supply dynamics of the global EPS market.
  • Epsilyte is one of North Americas leading producers of expandable polystyrene resin.
  • We are a company of scale focused on solving customer needs for efficient, high-R value EPS.