Day: October 19, 2017

Capital Bank Financial Corp. Reports Third Quarter GAAP EPS of $0.48 and Core EPS of $0.50

CHARLOTTE, N.C., Oct. 19, 2017 (GLOBE NEWSWIRE) — Capital Bank Financial Corp. (Nasdaq:CBF) (the “Company”) today reported third quarter GAAP net income of $25.8 million, which increased 8% quarter over quarter. GAAP net income per diluted share was $0.48. Core net income decreased to $26.5 million, down 1% quarter over quarter. Core net income per diluted share was $0.50. Core pre-tax adjustments for the third quarter of 2017 included $0.6 million of branch closure expenses and $0.6 million of merger related expenses, partially offset by $0.1 million net gain on investment securities. The reconciliation of non-GAAP financial measures (including core

athenahealth Drives Financial Results Across Community Hospital Market; Cloud-Based Service Fills Traditional Software Market Gap

Hospitals Partnered with athenahealth Are Getting Paid Faster and Achieving on Average Cash Collections of 5 Percent Over Baseline1 WATERTOWN, Mass., Oct. 19, 2017 (GLOBE NEWSWIRE) — athenahealth, Inc. (NASDAQ:ATHN), a leading provider of network-enabled services for hospitals and ambulatory clients nationwide, today announced the company’s sustained momentum and strong ability to drive financial and operational results for clients across the community hospital market.  As part of its national network of 106,000 providers and 102 million patients, athenahealth supports a growing list of 56 community, rural, and critical access hospitals. Before partnering with athenahealth, many of these hospitals faced dwindling

Carolina Financial Corporation Reports Results for Third Quarter of 2017

CHARLESTON, S.C., Oct. 19, 2017 (GLOBE NEWSWIRE) — Carolina Financial Corporation (the ”Company”) (NASDAQ:CARO) today announced financial results for the third quarter of 2017.  Financial highlights at and for the three months ended September 30, 2017, include: Net income for the third quarter 2017 increased 34.5% to $8.0 million, or $0.49 per diluted share, from $5.9 million, or $0.47 per diluted share for the third quarter of 2016.  Included in earnings are pretax merger-related expenses of $0.3 million for the third quarter of 2017. There were no merger-related expenses in the third quarter of 2016. Operating earnings for the third

Immune Design Announces G100’s Receipt of Orphan Drug Designation by the EMA for the Treatment of Follicular Non-Hodgkin’s Lymphoma

SEATTLE and SOUTH SAN FRANCISCO, Calif., Oct. 19, 2017 (GLOBE NEWSWIRE) — Immune Design (Nasdaq:IMDZ), a clinical-stage immunotherapy company focused on oncology, today announced that the European Medicines Agency (EMA) has granted Orphan Drug Designation for G100, Immune Design’s investigational intratumoral therapy, for the treatment of follicular non-Hodgkin’s lymphoma.  The EMA orphan drug designation is assigned to products targeting the treatment of rare diseases, which are defined as having a prevalence of not more than 5 in 10,000 people in the European Union (EU). This designation provides the sponsor with certain benefits, including protocol assistance, reduced fees for regulatory activities

Fluidigm to Report Q3 2017 Financial Results and Host Conference Call

SOUTH SAN FRANCISCO, Calif., Oct. 19, 2017 (GLOBE NEWSWIRE) — Fluidigm Corporation (NASDAQ:FLDM) today announced that it will report third quarter 2017 financial results on Thursday, November 2, 2017, after the financial markets close. Chris Linthwaite, President and CEO, and Vikram Jog, Chief Financial Officer, will host a conference call at 2:00 p.m. PT (5:00 p.m. ET) on November 2, 2017, to discuss third quarter 2017 financial results and operational updates. A press release outlining the financial results will be publicly distributed before the call. Individuals interested in listening to the conference call may do so by dialing (877) 556-5248

The Fight to End Childhood Obesity

National Harbor, MD, Oct. 19, 2017 (GLOBE NEWSWIRE) — Childhood obesity has more than tripled since the early 1970s and has become one of the most pressing public health concerns of our time. Children with obesity are at increased risk for significant medical and psychological comorbidities at a young age. Therefore, both scientists and healthcare professionals need to prioritize the identification, evaluation and implementation of effective approaches in order to prevent and treat pediatric obesity and reduce disease risk.   Thousands of top researchers, clinicians and surgeons from around the world will gather for the fifth annual ObesityWeek conference at

KAR Auction Services, Inc. to Announce Third Quarter 2017 Earnings

CARMEL, Ind., Oct. 19, 2017 (GLOBE NEWSWIRE) — KAR Auction Services, Inc. (NYSE:KAR) announced today that it will be releasing its third quarter 2017 earnings on Tuesday, October 31, 2017.  KAR Auction Services, Inc. will also be hosting an earnings conference call and webcast on Wednesday, November 1, 2017 at 11:00 a.m. EDT (10:00 a.m. CDT).  The call will be hosted by KAR Auction Services, Inc.’s Chief Executive Officer and Chairman of the Board, Jim Hallett and Executive Vice President and Chief Financial Officer, Eric Loughmiller. The conference call may be accessed by calling 1-844-778-4145 and entering participant passcode 95364956,

SeaSpine to Report Third Quarter 2017 Financial Results on November 2, 2017

CARLSBAD, Calif., Oct. 19, 2017 (GLOBE NEWSWIRE) — SeaSpine Holdings Corporation (NASDAQ:SPNE), a global medical technology company focused on surgical solutions for the treatment of spinal disorders, announced today that it will release third quarter 2017 financial results after the close of trading on Thursday, November 2, 2017.  The Company’s management team will host a corresponding conference call beginning at 1:30pm PT/4:30pm ET to discuss the financial results and recent business developments. To listen to a live webcast, please visit the Investors section of the SeaSpine website at: www.seaspine.com. The call will be archived until Wednesday, November 15, 2017. The

Bryn Mawr Bank Corporation Reports Record Quarterly Net Income of $10.7 Million, Driven by Strong Net Interest Income, Noninterest Income and Expense Control, Declares Dividend of $0.22

BRYN MAWR, Pa., Oct. 19, 2017 (GLOBE NEWSWIRE) — Bryn Mawr Bank Corporation (NASDAQ:BMTC) (the “Corporation”), parent of The Bryn Mawr Trust Company (the “Bank”), today reported net income of $10.7 million and diluted earnings per share of $0.62 for the three months ended September 30, 2017, as compared to net income of $9.4 million, or $0.55 diluted earnings per share, for the three months ended June 30, 2017, and $9.4 million, or $0.55 diluted earnings per share, for the three months ended September 30, 2016. Included in net income for the three months ended September 30, 2017 and June

Premier Commercial Bancorp Reports Third Quarter 2017 Results

HILLSBORO, Ore., Oct. 19, 2017 (GLOBE NEWSWIRE) — Premier Commercial Bancorp (OTC:PRCB), a single bank holding company for Premier Community Bank based in Hillsboro, Oregon, today reported net income of $3.4 million, or $0.58 per diluted share, for the nine months ended September 30, 2017, a 33.4% increase over the net income of $2.5 million, or $0.43 per diluted share, for the same nine month period during 2016.  Third quarter 2017 net income was $1.1 million, or $0.18 per diluted share, compared to $1.4 million, or $0.24 per diluted share, for second quarter 2017 during which there were a number

Valero Energy Partners LP Increases Quarterly Cash Distribution by 5.5 Percent

SAN ANTONIO, Oct. 19, 2017 (GLOBE NEWSWIRE) — The Board of Directors of Valero Energy Partners GP LLC, the general partner of Valero Energy Partners LP (NYSE:VLP), (the “Partnership”), has approved the Partnership’s third quarter 2017 cash distribution of $0.48 per unit.  This distribution represents a 5.5 percent increase over the Partnership’s previous quarterly distribution.  The distribution is payable on November 9, 2017 to unitholders of record at the close of business on November 1, 2017.  This release serves as qualified notice to brokers and nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d).  Please note that 100 percent of

Rosetta Stone to Report Third Quarter Financial Results on November 2

Arlington, VA, Oct. 19, 2017 (GLOBE NEWSWIRE) — Rosetta Stone Inc. (NYSE:RST), a world leader in technology-based learning solutions, today announced it will report its third quarter 2017 financial results, for the period ended September 30, 2017, after the U.S. financial markets close on Thursday, November 2, 2017. In conjunction with that report, the Rosetta Stone management team will host a conference call at 5:00 p.m. ET on November 2 to discuss the Company’s results and business outlook. Investors may dial into the live conference call using 1-778-331-2160 (toll / international) or 1-855-327-6837 (toll-free). A live webcast will also be

Omega Flex, Inc. Announces Third Quarter 2017 Earnings

EXTON, Pa., Oct. 19, 2017 (GLOBE NEWSWIRE) — Omega Flex (Nasdaq:OFLX) today reported its results of operations for the Third Quarter, 2017:     OMEGA FLEX, INC. (OFLX)     Nine Months Ended September 30,   Three Months Ended September 30,                       2017    2016    2017    2016                    Net Sales   $ 74,335,000   $ 68,408,000   $ 24,923,000   $ 23,942,000                                     Net

To Meet Growing Demand From Managed Service Providers, Data Deposit Box Announces Plans For Multi-Platform, Hybrid Small and Medium Business Data Backup, Starting With Synology and QNAP NAS Integrations

TORONTO, Oct. 19, 2017 (GLOBE NEWSWIRE) — Data Deposit Box (CSE:DDB) (CSE:DDB.CN) CEO and founder Tim Jewell today announced plans for rolling out new Network Attached Storage (NAS) / cloud hybrid software for Small and Medium Business (SMB) data backup. Starting with integrations for two of the of the world’s leading local storage appliance makers, the plans answer Managed Service Provider (MSP) demand for hybrid data options as well as automated, end-to-end, mobile and white label cloud backup solutions. Driven by announcements like Canada’s Communications Security Establishment (CSE) saying it is helping companies protect their computers and networks from malicious attacks,

OneSource Regulatory introduces MyIndago™

Chicago, IL, Oct. 19, 2017 (GLOBE NEWSWIRE) — OneSource Regulatory™ (OSR), the premier specialized technology-enabled professional services firm, today announced a free technology solution for individuals working in the life sciences industry, with the launch of MyIndago™.   MyIndago™ is the most effective solution for professionals working in the highly-regulated FDA environment, striving to help pharmaceutical companies maintain compliance.  With MyIndago™, individuals can easily search and access FDA enforcement communications to gain transparency into what has been problematic according to the FDA.  Typically, this information is posted by the FDA at the time of communication and can be accessed on their webpage, but

Infinera Sets Two Industry-First Milestones for Optical Transport Technologies

SUNNYVALE, Calif., Oct. 19, 2017 (GLOBE NEWSWIRE) — Infinera, the leading provider of Intelligent Transport Networks, achieved two industry-first milestones for advanced coherent technologies that increase the capacity and reach of optical transport networks to the next level. The first milestone drives optical transmission technologies to 100 gigabaud (GBaud), and the second milestone enhances modulation technology to 1024QAM (quadrature amplitude modulation). These new technologies are designed to deliver the highest possible capacity on a single wavelength for varied distances, helping operators extract the best performance from their optical transport networks.  “Infinera uniquely uses vertical optical integration to extract maximum performance

Entegra Financial Corp. Announces Third Quarter 2017 Results

FRANKLIN, N.C., Oct. 19, 2017 (GLOBE NEWSWIRE) — Entegra Financial Corp. (the “Company”) (NASDAQ:ENFC), the holding company for Entegra Bank (the “Bank”), today announced earnings and related data for the three and nine months ended September 30, 2017. Highlights  The following tables highlight the most important trends that the Company believes are relevant to understanding the performance of the Company.  As further detailed in Appendix A, core results (a non-GAAP measure) reflect adjustments for material items including investment gains and losses, investment impairment, and merger and acquisition expenses.        For the Three Months Ended September 30,    

First Hawaiian Publishes Results of 2017 Dodd-Frank Act Stress Test

HONOLULU, Oct. 19, 2017 (GLOBE NEWSWIRE) — First Hawaiian Bank, a subsidiary of First Hawaiian, Inc. (NASDAQ:FHB), today released the results of its 2017 Dodd-Frank Act Stress Test (“DFAST”) in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act and the implementing regulations of the Federal Deposit Insurance Corporation (the “FDIC”). DFAST is a forward-looking exercise conducted by the FDIC and by banks supervised by the FDIC. The exercise helps assess whether institutions have sufficient capital to absorb losses and support operations during adverse economic and financial market conditions over a period of nine quarters. The projections and

Glacier Bancorp, Inc. Announces Results for the Quarter Ended September 30, 2017

3rd Quarter 2017 Highlights: Net income of $36.5 million for the current quarter, an increase of $5.5 million, or 18 percent, over the prior year third quarter net income of $31.0 million. Current quarter diluted earnings per share of $0.47, an increase of 18 percent from the prior year third quarter diluted earnings per share of $0.40. Loan growth of $164 million, or 10 percent annualized, for the current quarter. Net interest margin of 4.11 percent as a percentage of earning assets, on a tax equivalent basis, an 11 basis point increase over the 4.00 percent net interest margin in

Provident Bancorp, Inc. Reports Earnings of the September 30, 2017 Quarter

AMESBURY, Mass., Oct. 19, 2017 (GLOBE NEWSWIRE) — Provident Bancorp, Inc. (the “Company”) (Nasdaq:PVBC), the holding company for The Provident Bank (the “Bank”), reported net income for the three months ended September 30, 2017 of $2.8 million, or $.30 per diluted share, compared to $1.8 million, or $.19 per diluted share, for the three months ended September 30, 2016. Net income for the nine months ended September 30, 2017 was $6.2 million, or $.67 per diluted share, compared to $4.6 million, or $.50 per diluted share, for the nine months ended September 30, 2016. “We are very pleased with the