Profit

Air Industries Group Reports 82.4% Second Quarter Revenue Growth

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星期三, 八月 4, 2021
Defense, Contracts, Steel, Engineering, Air, Aerospace, Transport, Manufacturing, Fundamental analysis, Profit, Finance, Earnings before interest, taxes, depreciation and amortization, Private equity, Precision Castparts Corp., Earnings before interest and taxes, Economy

Lou Melluzzo, CEO of Air Industries said, The strong second quarter sales results delivered by our team was led by significant improvement at our Sterling manufacturing facility.

Key Points: 
  • Lou Melluzzo, CEO of Air Industries said, The strong second quarter sales results delivered by our team was led by significant improvement at our Sterling manufacturing facility.
  • The meaningful quarterly increases in gross profit and EBITDA were also driven by a more diverse product mix at CMS.
  • In a manufacturing business such as ours, gross profit, operating profit, and EBITDA are highly correlated with revenue.
  • Air Industries Group (AIRI) is an integrated manufacturer of precision equipment assemblies and components for leading aerospace and defense prime contractors.

ALLETE, Inc. Reports Second Quarter Earnings of 53 Cents Per Share

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星期三, 八月 4, 2021
Alternative Energy, Energy, Utilities, Net income, Profit

ALLETE, Inc. (NYSE: ALE) today reported second quarter 2021 earnings of 53 cents per share on net income of $27.9 million.

Key Points: 
  • ALLETE, Inc. (NYSE: ALE) today reported second quarter 2021 earnings of 53 cents per share on net income of $27.9 million.
  • Last years results were 39 cents per share on net income of $20.1 million.
  • Results in the second quarter of 2020 included an $8.3 million after tax-charge, or 16 cents per share, for the Minnesota Power rate case resolution.
  • ALLETE Clean Energy recorded second quarter 2021 net income of $5.1 million compared to $4.0 million in 2020.

DGAP-News: Metalcorp Group with successful first half year 2021: increase in EBITDA of more than 63% to EUR 25.8 million

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星期三, 八月 4, 2021
Earnings before interest, taxes, depreciation and amortization, Fundamental analysis, Private equity, Profit

Metalcorp Group with successful first half year 2021: increase in EBITDA of more than 63% to EUR 25.8 million

Key Points: 
  • Metalcorp Group with successful first half year 2021: increase in EBITDA of more than 63% to EUR 25.8 million
    The issuer is solely responsible for the content of this announcement.
  • Metalcorp Group with successful first half year 2021: increase in EBITDA of more than 63% to EUR 25.8 million
    Luxembourg, 4 August 2021 - Metalcorp Group S.A., a global service provider for the procurement, production, mining and marketing of metals and minerals, had a successful first half year 2021 with an increase in revenue and profitability, and with its highest ever EBITDA in a first half year period.
  • In the first half of 2021, Metalcorp realized a revenue of EUR 303.6 million (up 32.7% versus HY1 2020) and an EBITDA of EUR 25.8 million (up 63.6% versus HY1 2020).
  • Metalcorp Group is a diversified global service provider in the metals and minerals industry including procurement, marketing, mining and processing of such products.

Heidelberg starts new financial year with high order volume and improved operating profitability

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星期三, 八月 4, 2021
Fundamental analysis, Profit, Earnings before interest, taxes, depreciation and amortization, Private equity, Heidelberg, Geography of Germany

"As demonstrated by our encouraging initial quarter of financial year 2021/22, Heidelberg is really delivering!

Key Points: 
  • "As demonstrated by our encouraging initial quarter of financial year 2021/22, Heidelberg is really delivering!
  • Based on solid economic development, Heidelberg is expecting the profitable upward trend to continue in subsequent years, too.
  • For example, the company even improved on EBITDA as recorded in the corresponding quarter of financial year 2019/20, i.e.
  • Based on current projects focusing on its profitable core business, Heidelberg is also expecting further earnings from asset management in financial year 2021/22.

Weyco Reports Second Quarter Sales and Earnings

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星期二, 八月 3, 2021
Profit

Net sales for the second quarter of 2021 were $57.6 million compared to second quarter 2020 net sales of $16.6 million.

Key Points: 
  • Net sales for the second quarter of 2021 were $57.6 million compared to second quarter 2020 net sales of $16.6 million.
  • Gross earnings for the wholesale segment were 32.4% of net sales in the second quarter of 2021, compared to 34.7% of net sales in last years second quarter.
  • Driven by higher sales volumes, wholesale operating earnings recovered to $2.7 million in the second quarter of 2021, from operating losses of $10.2 million in last years second quarter.
  • Other net sales for the second quarter of 2021 exceeded second quarter 2019 levels by 5%, as the business environment in Australia improved in the quarter.

Devon Energy Announces Fixed-Plus-Variable Dividend for Common Stockholders

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星期二, 八月 3, 2021
Dividends, Corporate finance, Finance, Shareholders, Money, Free cash flow, Universal basic income, Profit, Dividend policy, Special dividend

OKLAHOMA CITY, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) announced today that its board of directors has declared a fixed-plus-variable dividend of $0.49 per share based on the company’s second quarter financial performance. This represents a 44 percent increase in payout compared to the dividend declared for the first quarter of 2021. Both the fixed quarterly dividend of $0.11 per share and the variable dividend of $0.38 per share are payable on Sep. 30, 2021 to shareholders of record at the close of business on Sep. 13, 2021.

Key Points: 
  • This represents a 44 percent increase in payout compared to the dividend declared for the first quarter of 2021.
  • The power of this uniquely designed dividend framework was demonstrated with a 44 percent increase to the dividend payout this quarter.
  • The companys fixed-plus-variable dividend framework is designed to pay a sustainable fixed dividend through the cycle and evaluate a variable dividend on a quarterly basis.
  • After the fixed dividend is funded, up to 50 percent of the remaining excess free cash flow in each quarter may be distributed to shareholders through a variable dividend.

Neuronetics Reports Second Quarter 2021 Financial and Operating Results

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星期二, 八月 3, 2021
Earnings before interest, taxes, depreciation and amortization, Fundamental analysis, Private equity, Profit, Du, Economy

In the second quarter, U.S. treatment session revenue per active site was $12,001 as compared to $7,406 during the second quarter of 2020.

Key Points: 
  • In the second quarter, U.S. treatment session revenue per active site was $12,001 as compared to $7,406 during the second quarter of 2020.
  • Gross margin for the second quarter of 2021 was 80.6%, an increase of approximately 440 basis points from the second quarter of 2020 gross margin of 76.2%.
  • Operating expenses during the second quarter of 2021 were $18.0 million, an increase of $3.7 million compared to $14.3 million in the second quarter of 2020.
  • EBITDA for the second quarter of 2021 was $(6.3) million as compared to the second quarter of 2020 EBITDA of $(6.5) million.

Cerus Corporation Announces Record Second Quarter 2021 Financial Results and Raises Full Year Product Revenue Guidance

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星期二, 八月 3, 2021
Health, Medical Supplies, Other Health, Corporate finance, Gross margin, Management accounting, Profit, Revenue, Economy, Finance, Business

The second quarter of 2021 was exceptional for Cerus on numerous fronts.

Key Points: 
  • The second quarter of 2021 was exceptional for Cerus on numerous fronts.
  • Product revenue during the second quarter of 2021 was $31.5 million, compared to $21.5 million during the same period in 2020.
  • Product gross profit increased $4.4 million over the same period in 2020, however, product gross margins on product revenue during the second quarter of 2021 were 51.3% compared to 54.9% for the second quarter of 2020.
  • R&D expenses for the second quarter of 2021 were $17.1 million, compared to $15.6 million for the second quarter of 2020.

Tapinator Announces Record Q2 2021 Financial Results

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星期二, 八月 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.

Option Care Health Announces Financial Results for the Second Quarter Ended June 30, 2021

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星期二, 八月 3, 2021
Finance, Money, Fundamental analysis, Economy, Earnings before interest, taxes, depreciation and amortization, Private equity, Profit, Generally Accepted Accounting Principles, Accounting, GAAP, Generally Accepted Accounting Practice, Forward-looking statement

Our actual results and financial condition may differ materially from those indicated in the forward-looking statements.

Key Points: 
  • Our actual results and financial condition may differ materially from those indicated in the forward-looking statements.
  • In addition to reporting financial information in accordance with generally accepted accounting principles (GAAP), the Company is also reporting Adjusted EBITDA, which is a non-GAAP financial measure.
  • Management believes that Adjusted EBITDA provides useful supplemental information regarding the performance of Option Care Healths business operations and facilitates comparisons to the Companys historical operating results.
  • For a full reconciliation of Adjusted EBITDA to the most comparable GAAP financial measure, please see the attachment to this earnings release.