First Quarter 2021 Highlights Sales of $1.7 billion, up 4% year over year, and up 15% from prior quarter Net income of $52 million, or $0.46 per share, compared with $46 million, or $0.42 per share, in first quarter 2020 Adjusted EBITDA of $179 million, down 12% year over year, up 19% from prior quarter, […]
Digital freight network announces goal to eliminate an additional 3 million pounds of carbon emissions in 2021 SEATTLE–(BUSINESS WIRE)–Convoy, the nation’s most efficient digital freight network, today released the company’s first corporate sustainability report. The detailed report underscores Convoy’s commitment to shipping responsibly and highlights the company’s accomplishments across key environmental and social areas in […]
HOUSTON–(BUSINESS WIRE)–Tidewater Inc. (NYSE: TDW) (“Tidewater” or the “Company”) announced today an earnings conference call has been scheduled for Friday, May 7, 2021 at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three months ending March 31, 2021. Investors and interested parties may listen to […]
Net Loss of $5.7 Million Improved $12.8 Million for the 2021 First Quarter Over Prior Year Period Net Loss Per Share of Common Stock Attributable to Common Stockholders of $0.40 Improved $1.83 for the 2021 First Quarter Over Prior Year Period Adjusted EBITDA Increased 106.9% for the 2021 First Quarter Over Prior Year Period Adjusted […]
PITTSBURGH–(BUSINESS WIRE)–Howmet Aerospace Inc. (NYSE:HWM) announced today that it has completed the early redemption of all of its outstanding 5.87% Notes due 2022 (the “2022 Notes”) in the aggregate principal amount of $476.2 million. The 2022 Notes were redeemed with cash on hand at an aggregate redemption price of approximately $503.3 million, including accrued interest. […]
ROLLE, Switzerland–(BUSINESS WIRE)–Garrett Motion Inc. (Nasdaq: GTX) announced today its common stock has commenced trading on the Nasdaq Global Select Market, which has the highest listing standards at the exchange, under the ticker symbol “GTX.” On April 30, 2021, Garrett emerged from its Chapter 11 restructuring with new financing and a strong balance sheet to […]
CANONSBURG, Pa.–(BUSINESS WIRE)–#CFO—Archaea Energy (“Archaea” or the “Company”), an emerging leader in the development of renewable natural gas (“RNG”), announced today that Eric Javidi has been appointed Chief Financial Officer (“CFO”) to lead the Company’s financial operations and strategy and help drive its financial performance and strategic growth. Prior to joining Archaea, Mr. Javidi served […]