Quarter

EXFO reports third quarter results for fiscal 2021

By Tanya J. Montague 1 year ago
  • Sales reached US$72.6 million
  • Bookings attained US$87.0 million, book-to-bill ratio of 1.20
  • IFRS net loss totaled US$3.7 million
  • Adjusted EBITDA amounted to US$4.3 million
  • Proxy circular forthcoming on board-approved, going-private transaction

QUEBEC CITY, July 14, 2021 /PRNewswire/ – EXFO Inc. (NASDAQ: EXFO) (TSX: EXF), the communications industry’s test, monitoring and analytics experts, reported today financial results for the third quarter ended May 31, 2021.

“In the third quarter of 2021, EXFO delivered sales and adjusted EBITDA consistent with expectations while strong bookings were mainly driven by a recovery from the coronavirus pandemic and a good performance in EMEA,” said EXFO’s CEO Philippe Morin.

Third Quarter Highlights

  • Sales. Sales improved 9.8% year-over-year in the third quarter of 2021 mainly due to increased spending on fiber deployments in the Americas and Europe, Middle East and Africa (EMEA) following a period of reduced investments caused by the coronavirus
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The Marketing Alliance Announces Financial Results for its Fiscal 2021 Fourth Quarter and Year Ended March 31, 2021

By Tanya J. Montague 1 year ago

ST. LOUIS, June 28, 2021–(BUSINESS WIRE)–The Marketing Alliance, Inc. (OTC: MAAL) (“TMA” or the “Company”), today announced financial results for its fiscal 2021 fourth quarter and year ended March 31, 2021.

FY 2021 Fourth Quarter Financial Highlights (all comparisons to the prior year period)

  • Revenues were $6,863,682 compared to $9,387,273 in the previous year period, the decline largely due to a challenging operating environment and an annual deferred first-year commission reconciliation in the quarter

  • Operating loss of $(86,590) compared to $542,341 in the prior year period, due in part to the timing of the annual deferred first-year commission reconciliation in the quarter

  • Net income from continuing operations was $180,579, or $0.02 per share, as compared to net loss of $(1,017,011), or $(0.13) per share, in the prior year period

FY 2021 Annual Financial Highlights (all comparisons to the prior year)

  • Revenues were $30,669,454, representing a decline

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Flowserve Corporation Reports First Quarter 2021 Results

By Tanya J. Montague 1 year ago

DALLAS–(BUSINESS WIRE)–Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced its financial results for the first quarter ended March 31, 2021.

First Quarter 2021 Highlights (all comparisons to the 2020 first quarter, unless otherwise noted)1

  • Reported Earnings Per Share (EPS) of $0.11 and Adjusted EPS2 of $0.28
    • Reported EPS includes after-tax adjusted items of $22.6 million, including realignment costs, below-the-line foreign exchange impacts and debt retirement costs
  • Total bookings were $945.0 million, down 3.3%, or 6.0% on a constant currency basis and up 14.5% on a sequential basis
    • Original equipment bookings were $487.7 million, or 52% of total bookings, up 2.7%, or down 0.1% on a constant currency basis and up 20.5% on a sequential basis
    • Aftermarket bookings were $457.3 million, or 48% of total bookings, down 8.9%, or 11.5% on a constant currency basis
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Kimberly-Clark Announces First Quarter 2021 Results

By Tanya J. Montague 1 year ago

DALLAS, April 23, 2021 /PRNewswire/ — Kimberly-Clark Corporation (NYSE: KMB) today reported first quarter 2021 results.

Executive Summary

  • First quarter 2021 net sales of $4.7 billion decreased 5 percent compared to the year-ago period, including an organic sales decline of 8 percent.
  • Diluted net income per share for the first quarter was $1.72 in 2021 and $1.92 in 2020.
  • First quarter adjusted earnings per share were $1.80 in 2021 compared to $2.13 in 2020. Adjusted earnings per share exclude certain items described later in this news release.
  • Diluted net income per share for 2021 is anticipated to be $6.65 to $7.15.
  • The company is now targeting full-year 2021 organic sales growth of 0 to 1 percent and adjusted earnings per share of $7.30 to $7.55. The prior outlook was for organic sales growth of 1 to 2 percent and adjusted earnings per share of $7.75 to $8.00
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CCL Industries Announces Fourth Quarter and Record 2020 Results Toronto Stock Exchange:CCL-A

By Tanya J. Montague 1 year ago

Fourth Quarter Highlights

  • Per Class B share(3): $0.84 adjusted basic earnings up 25.4%; $0.81 basic earnings up 37.3%; currency translation neutral
  • Sales increased 5.7% on 2.5% organic growth, 0.4% positive currency translation, and 2.8% acquisition growth
  • Operating income improved 22.7%, with a 15.8% operating margin(1)up 220 bps
  • Annual dividend increase of 16.7% effective March 17, 2021

2020 Highlights

  • Per Class B share(3): a record $3.08 adjusted basic earnings, up 10.4%; $2.96 basic earnings up 10.4%; currency translation positive $0.01
  • Sales decreased 1.5% due to 3.9% organic decline, partially offset by acquisition-growth of 2.1% and 0.3% positive currency translation
  • Operating income(1) increased 4.6%, with a 15.7% operating margin(1) up 90 bps
  • Consolidated leverage ratio improved to 1.24 for 2020

TORONTO, Feb. 25, 2021 (GLOBE NEWSWIRE) — CCL Industries Inc. (TSX:CCL.A) (TSX:CCL.B) (“the Company”), a world leader in specialty label, security

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Henry Schein Reports Fourth Quarter 2020 Financial Results From Continuing Operations

By Tanya J. Montague 1 year ago

MELVILLE, N.Y.–(BUSINESS WIRE)–Henry Schein, Inc. (Nasdaq: HSIC), the world’s largest provider of health care solutions to office-based dental and medical practitioners, today reported fourth quarter financial results from continuing operations. Results from continuing operations exclude contributions from Henry Schein’s former Animal Health business, which was spun off in February 2019 to form a new publicly traded company, Covetrus (Nasdaq: CVET).

Total net sales for the quarter ended December 26, 2020, were $3.2 billion, an increase of 18.6% compared with the fourth quarter of 2019, driven by sales of personal protective equipment (PPE) and COVID-19 related products. The 18.6% increase included 17.1% internal growth in local currencies, 0.3% growth from acquisitions and 1.2% growth related to foreign currency exchange. (See Exhibit A for details of sales growth).

GAAP net income attributable to Henry Schein, Inc. from continuing operations for the fourth quarter of 2020 was $141.9 million, or $0.99

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IDEXX Laboratories Announces Fourth Quarter and Full Year 2020 Results

By Tanya J. Montague 2 years ago
 

 


WESTBROOK, Maine, Feb. 2, 2021 /PRNewswire/ — 


  • Achieves fourth quarter reported revenue growth of 19% and organic growth of 17%, driven by CAG Diagnostics recurring revenue reported growth of 23% and organic growth of 21%

  • High revenue growth supported by sustained strong global trends in pet healthcare

  • Delivers full year EPS of $6.71, an increase of 37% on a reported basis and 31% on a comparable constant currency basis

  • Strong full year EPS results supported by operating margin expansion of 270 basis points on a reported basis and 340 basis points on a comparable constant currency basis

  • Provides initial outlook for 2021 revenue of $3,065 million – $3,120 million, reflecting reported growth of 13% – 15.5% and organic growth of 11.5% – 13.5%

  • Estimates 2021 EPS of $7.39 – $7.71, an increase of 10% –
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Sensata Technologies Reports Fourth Quarter and Full Year 2020 Financial Results

By Tanya J. Montague 2 years ago

SWINDON, England–(BUSINESS WIRE)–Sensata Technologies (NYSE: ST), a global industrial technology company and leading provider of sensor-rich solutions that create insights for customers, today announced financial results for its fourth quarter and full year ended December 31, 2020.

Operating results for the fourth quarter of 2020 compared to the fourth quarter of 2019 and the third quarter of 2020 are summarized below. These results include non-GAAP financial measures, each of which is defined and reconciled to the most directly comparable GAAP measure later in this press release.

Revenue:

  • Revenue was $906.5 million, an increase of $59.8 million, or 7.1%, compared to $846.7 million in the fourth quarter of 2019.
  • Revenue increased 5.3% from the fourth quarter of 2019 on an organic basis, which excludes a 1.8% increase from foreign currency exchange rates versus the prior year period.
  • Revenue increased 15.0% from the third quarter of 2020 on a reported
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The North West Corporation Inc. Announces Third Quarter Earnings and a Quarterly Dividend Toronto Inventory Trade:NWC

By Tanya J. Montague 2 years ago

WINNIPEG, Manitoba, Dec. 09, 2020 (World NEWSWIRE) — (TSX: NWC): The North West Company Inc. (the “Corporation” or “North West”) right now documented its unaudited economical effects for the 3rd quarter finished October 31, 2020. It also introduced that the Board of Administrators have declared a dividend of $.36 for each share to shareholders of record on December 31, 2020, to be paid out on January 15, 2021.

“North West carries on to present crucial products and solutions and companies that individuals count on through this unparalleled pandemic,” commented President and CEO Edward Kennedy. ”Our associates are unbelievably focused, local community-minded and enterprising, as shown by their capacity to get on the problems and possibilities uniquely offered to us. I am especially very pleased of how we’ve risen to even better levels of local community responsibility even though retaining our target on quickly-shifting customer wants. Through, overall health and basic

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