Day: July 28, 2016

Green Bancorp, Inc. Reports Second Quarter 2016 Earnings

2016 Second Quarter Highlights Second quarter 2016 net income was $3.6 million and earnings per share (diluted) were $0.10 Pre-tax, pre-provision adjusted net income was $16.7 million for the second quarter 2016 compared to $9.3 million in the second quarter 2015, a 79.5% increase Recorded $11.0 million in provision for loan losses; the level of allowance for the Company’s energy related loans equals 9% Managed Asset Reduction Strategy (“MARS”) producing strong results with a $36.6 million reduction in energy loans, inclusive of results from the first portfolio sale which closed in July HOUSTON, July 28, 2016 (GLOBE NEWSWIRE) — Green Bancorp, Inc. (NASDAQ:GNBC),

Neos Therapeutics Announces Successful Completion of Bioequivalence Bridging Study for Cotempla XR-ODT™ (Methylphenidate Extended-Release Orally Disintegrating Tablet)

DALLAS and FORT WORTH, Texas, July 28, 2016 (GLOBE NEWSWIRE) — Neos Therapeutics, Inc. (Nasdaq:NEOS), a pharmaceutical company focused on developing and commercializing innovative extended-release (XR) products for the treatment of attention-deficit/hyperactivity disorder (ADHD), today announced the successful completion of a bioequivalence bridging study for its late stage product candidate, Cotempla XR-ODT (methylphenidate extended-release orally disintegrating tablet). Cotempla XR-ODT met all of the primary and secondary endpoints, including partial AUCs, for establishing bioequivalence under fasting conditions. A Complete Response Letter for Cotempla XR-ODT was issued by the U.S. Food and Drug Administration (FDA) on November 6, 2015, requiring the Company

Oculus Innovative Sciences Reports Financial Results for First Quarter of Fiscal Year 2017

Product Revenue Up 20% Driven by Growth in U.S. Dermatology  Dermatology Prescriptions Up 37%, June Quarter over March 2016 Quarter Conference Call Begins at 4:30pm EDT Today PETALUMA, Calif., July 28, 2016 (GLOBE NEWSWIRE) — Oculus Innovative Sciences, Inc. (NASDAQ: OCLS, warrants OCLSW), a specialty pharmaceutical company that develops and markets unique and effective solutions for the treatment of dermatological conditions and advanced tissue care, today announced financial results for the first quarter of fiscal year 2017, ended June 30, 2016. Total revenue was $3.8 million for the first quarter when compared to $3.7 million for the same period in

Integer Holdings Corporation Reports 2016 Second Quarter Results

FRISCO, Texas, July 28, 2016 (GLOBE NEWSWIRE) — Integer Holdings Corporation (NYSE:ITGR), today announced results for its second quarter ended July 1, 2016.   Three Months Ended   As Reported   Comparable Basis (Dollars in thousands, except per share data) July 1,   July 3,   %   July 1,   July 3,   % 2016   2015   Change   2016   2015(a)   Change Sales $ 348,382     $ 174,890     99 %   $ 348,382     $ 376,917     (8 )%                         GAAP

LPL Financial Announces Second Quarter 2016 Results

Financial Results Net income of $48 million, or $0.53 per share Pre-tax income of $80 million Financial Metrics** EBITDA of $132 million Gross Profit of $345 million Core G&A of $168 million Operating Metrics End of period total brokerage and advisory assets of $488 billion Net new advisory assets of $2.8 billion Net new advisors of 100 End of period cash sweep balances of $29.2 billion Capital Management Credit Agreement EBITDA of $143 million for the quarter, $521 million on a trailing twelve month basis Credit Agreement Net Leverage Ratio of 3.7x and Credit Agreement Net Debt of $1.9 billion.

VASCO Reports Results for Second Quarter and First Six Months of 2016

Q2 Total revenue of $54.3 million Q2 GAAP operating income of $3.4 million Q2 GAAP earnings per share of $0.07 Q2 Non-GAAP earnings per share of $0.151 OAKBROOK TERRACE, Ill. and ZURICH, Switzerland, July 28, 2016 (GLOBE NEWSWIRE) — VASCO Data Security International, Inc. (NASDAQ:VDSI), today reported financial results for the second quarter and six months ended June 30, 2016. “We continued to perform well with strong results during the second quarter as we made additional progress in the key areas of gross profit margins, expanding our software-based mobile application protection business, generating recurring revenue, and using VASCO’s extensive global

Versartis Reports Second Quarter 2016 Financial Results

MENLO PARK, Calif., July 28, 2016 (GLOBE NEWSWIRE) — Versartis, Inc. (NASDAQ:VSAR), an endocrine-focused biopharmaceutical company that is developing somavaratan (VRS-317), a novel, long-acting form of recombinant human growth hormone (rhGH) for growth hormone deficiency (GHD), today announced financial results for the second quarter ended June 30, 2016 and provided an update on its clinical development programs. “We are approaching an important milestone in the somavaratan development program with the completion of enrollment in the pediatric Phase 3 VELOCITY trial expected by mid-August,” said Jay Shepard, Versartis’ Chief Executive Officer. “We remain focused on successfully completing the trial in Q3

SBA Communications Corporation Reports 2nd Quarter 2016 Results; Provides 3rd Quarter and Updated Full Year 2016 Outlook

BOCA RATON, Fla., July 28, 2016 (GLOBE NEWSWIRE) — SBA Communications Corporation (Nasdaq:SBAC) (“SBA” or the “Company”) today reported results for the quarter ended June 30, 2016. “We had another solid quarter,” commented Jeffrey A. Stoops, President and Chief Executive Officer. “Organic leasing demand was steady, consistent with both the type and amount of demand experienced over the prior three quarters.  Our customers in the U.S. were most active adding to or modifying existing macro sites to refarm 2G and 3G uses to 4G LTE or to add new spectrum to their networks.  In our international markets, customer activity was

Spectranetics Reports Second Quarter 2016 Revenue of $67.7 million

COLORADO SPRINGS, Colo., July 28, 2016 (GLOBE NEWSWIRE) — The Spectranetics Corporation (NASDAQ:SPNC) today reported financial results for the three months ended June 30, 2016.  Highlights of the quarter, all compared with the three months ended June 30, 2015, include: Revenue of $67.7 million increased 10% (both as reported and constant currency1) Vascular Intervention revenue of $46.2 million increased 14% (13% constant currency) Lead Management revenue of $17.8 million increased 3% (both as reported and constant currency) Net loss for the three months ended June 30, 2016 was $14.9 million, or $0.35 per share, compared with net loss of $7.2 million, or $0.17

YRC Worldwide Reports Second Quarter 2016 Results

OVERLAND PARK, Kan., July 28, 2016 (GLOBE NEWSWIRE) — YRC Worldwide Inc. (NASDAQ:YRCW) reported consolidated operating revenue for second quarter 2016 of $1.208 billion and consolidated operating income of $57.2 million, which included an $11.1 million gain on property disposals. As a comparison, the Company reported consolidated operating revenue of $1.258 billion for the second quarter 2015 and consolidated operating income of $56.9 million, which included a $0.7 million gain on property disposals. Financial Highlights On a non-GAAP basis, the Company generated Adjusted EBITDA of $91.4 million in second quarter 2016 for a consolidated Adjusted EBITDA margin of 7.6% and

Ekso Bionics® Reports Second Quarter 2016 Results

RICHMOND, Calif., July 28, 2016 (GLOBE NEWSWIRE) — Ekso Bionics Holdings, Inc. (OTCQB:EKSO), a robotic exoskeleton company, today reported financial results for the three months ended June 30, 2016.  Recent Highlights and Accomplishments Granted clearance by the U.S. Food and Drug Administration for the Ekso GT for use in the treatment of individuals with hemiplegia due to stroke and individuals with spinal cord injuries at levels L5 to C7, establishing Ekso GT as the only exoskeleton cleared for stroke; additional clearance granted July 19, 2016 expanding label and further widening reach among stroke patients in the rehabilitation setting. Following initial clearance

Stericycle, Inc. Reports Results for the Second Quarter and Year to Date 2016

Conference call to be held July 28, 2016 4:00 p.m. Central time – Dial 866-516-6872 at least 5 minutes before start time. If you are unable to participate on the call, a replay will be available through August 28th by dialing 855-859-2056, access code 21516790. To hear a live simulcast of the call or access the audio archive, visit the investor relations page on www.stericycle.com. LAKE FOREST, Ill., July 28, 2016 (GLOBE NEWSWIRE) — Stericycle, Inc. (NASDAQ:SRCL), today reported financial results for the second quarter and year to date 2016. SECOND QUARTER RESULTS Revenues for the quarter ended June 30,

Long Island Iced Tea Corp. (Nasdaq: LTEA) to Ring The Nasdaq Stock Market Closing Bell

ADVISORY, July 28, 2016 (GLOBE NEWSWIRE) — What: Long Island Iced Tea Corp. (Nasdaq:LTEA), a growth-oriented company focused on the ready-to-drink (“RTD”) tea segment in the beverage industry, will visit the Nasdaq MarketSite in Times Square. In honor of the occasion, Philip Thomas, Chief Executive Officer, will ring the Closing Bell.  Where:Nasdaq MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio When:Friday, July 29, 2016 – 3:45 p.m. to 4:00 p.m. ET Long Island Iced Tea Corp. Media Contact:Lily Lee-Steere(917) 957-4546lily@longislandteas.com Nasdaq MarketSite:Emily Pan(646) 441-5120emily.pan@nasdaq.com Feed Information:Fiber Line (Encompass Waterfront): 4463 Gal 3C/06C 95.05 degrees West 18 mhz

Associa Community Management Corporation to Take Part in 11 National Night Out Events across Virginia and Maryland

CHANTILLY, Va., July 28, 2016 (GLOBE NEWSWIRE) — Associa Community Management Corporation (CMC), and Associa Supports Kids (ASK) will be taking part in 11 National Night Out events on Tuesday, August 2. Associa is a national sponsor of the event and will participate in more than 150 celebrations across the country. National Night Out festivities are designed to encourage crime and drug prevention awareness and strengthen law enforcement-community partnerships. The Associa kid-friendly mascot, Scout, will make an appearance at some of the gatherings and Associa CMC volunteers will be among the vendors sharing inspirational wristbands, Scout’s Safety-Tips coloring books ChildFind

Eagle Bancorp Montana Earns a Record $1.3 Million, or $0.32 Per Diluted Share, in 2Q16; Increases Regular Quarterly Cash Dividend to $0.08 per Share and Announces Stock Repurchase Plan

HELENA, Mont., July 28, 2016 (GLOBE NEWSWIRE) — Eagle Bancorp Montana, Inc. (NASDAQ:EBMT), (the “Company,” “Eagle”), the holding company of Opportunity Bank of Montana, today reported net income increased 59.6% to $1.3 million, or $0.32 per diluted share, in the second quarter of 2016, compared to $792,000, or $0.21 per diluted share, in the second quarter a year ago.  In the preceding quarter, Eagle earned $647,000, or $0.17 per diluted share.  In the first six months of 2016, net income increased 62.2% to $1.9 million, or $0.49 per diluted share, compared to $1.2 million, or $0.30 per diluted share, in

Website developer sends team on the road

COLUMBUS , Ohio, July 28, 2016 (GLOBE NEWSWIRE) — An eSchoolView team of riders is set to jump on the trail and ride in Pelotonia 16 to help fight cancer. The Columbus, Ohio-based educational website and software development company will send five riders on a 50-mile journey on Aug. 6 from the city’s downtown to New Albany, Ohio. eSchoolView has a significant history of contributing to charitable causes, from philanthropic gifting during the holidays to sponsoring scholarships and donating websites to civc groups working to help pass ballot issues on behalf of their local school districts. “We are in the

Federal Home Loan Bank of Atlanta Announces Second Quarter 2016 Operating Highlights

ATLANTA, July 28, 2016 (GLOBE NEWSWIRE) — Federal Home Loan Bank of Atlanta (the Bank) today released unaudited financial highlights for the quarter ended June 30, 2016. All numbers reported below for the second quarter of 2016 are approximate until the Bank announces unaudited financial results in its Form 10-Q filing with the Securities and Exchange Commission, which is expected to be filed on or about August 9, 2016. The Bank reported net income of $60 million for the second quarter of 2016, a decrease of $27 million from net income of $87 million for the second quarter of 2015.

Wedbush Futures Surpasses $1 Billion in Customer Segregated Funds, Becomes Seventh Largest Non-Bank FCM

CHICAGO, July 28, 2016 (GLOBE NEWSWIRE) — Wedbush Futures is pleased to announce that it has surpassed $1 billion in customer segregated funds. This accomplishment makes Wedbush Securities Inc. the seventh largest non-bank FCM and twenty-sixth largest overall FCM based on customer segregated funds. As an FCM new to the business, the achievement of reaching this significant milestone demonstrates the level of trust and confidence the clients have instilled in Wedbush Futures. With this accomplishment, Wedbush Futures continues to build out its structure and solidify its foundation within the industry.   Joseph Signorelli, Head of Wedbush Futures, states, “Wedbush’s reaching

FHLB Des Moines Reports Second Quarter 2016 Preliminary Unaudited Financial Results

Net Income Totaled $232 Million for the Quarter Ended June 30, 2016 Advances Grew to $116.3 Billion at June 30, 2016, an Increase of 30 Percent Over December 31, 2015 DES MOINES, Iowa, July 28, 2016 (GLOBE NEWSWIRE) — The Federal Home Loan Bank of Des Moines (the Bank) today released preliminary unaudited financial highlights for the quarter ended June 30, 2016. The Bank expects to file its Second Quarter 2016 Form 10-Q with the Securities and Exchange Commission (SEC) on or before August 15, 2016. Summary The Bank recorded $232 million in net income for the second quarter and $419

FHLBI Declares Dividends, Reports Second Quarter 2016 Financial Results

INDIANAPOLIS, July 28, 2016 (GLOBE NEWSWIRE) — Today the Board of Directors of the Federal Home Loan Bank of Indianapolis (“FHLBI” or “bank”) declared dividends on Class B-1 and Class B-2 capital stock at annualized rates of 4.25% and 3.40%, respectively. The dividend amounts will be paid in cash on July 29, 2016. Financial Results Summary FHLBI’s net income for the second quarter of 2016 was $23 million, a decrease of $11 million compared to the same quarter in the prior year. This decrease was primarily due to net unrealized losses on derivatives and hedging activities. Net interest income after provision