results

General Finance Corporation Reports Second Quarter Results For Fiscal Year 2021

3 months ago Amanda T. Noriega

PASADENA, Calif., Feb. 08, 2021 (GLOBE NEWSWIRE) — General Finance Corporation (NASDAQ: GFN), a leading specialty rental services company offering portable storage, modular space and liquid containment solutions in North America and in the Asia-Pacific region of Australia and New Zealand (the “Company”), today announced its consolidated financial results for the second quarter and six months (“YTD”) ended December 31, 2020.

Second Quarter 2021 Highlights

  • Rental revenues from our core non-liquid containment products in North America increased by 9% from the second quarter of fiscal year 2020.

  • Leasing revenues were $58.4 million, compared to $60.8 million for the second quarter of fiscal year 2020.

  • Leasing revenues, excluding the oil and gas sector, increased by 5% in North America and by 4% in the Asia-Pacific from the second quarter of fiscal year 2020.

  • Leasing revenues comprised 66% of total non-manufacturing revenues versus 67% for the second quarter of fiscal year 2020.
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Flowserve Announces Dates for Fourth Quarter and Full Year 2020 Financial Results

3 months ago Amanda T. Noriega

DALLAS–(BUSINESS WIRE)–Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced that it plans to release its results for the fourth quarter and full year 2020 after the close of the New York Stock Exchange (NYSE) on Thursday, February 18.

The following morning, on Friday, February 19, the company will hold its conference call with the financial community at 11 a.m. Eastern time. Scott Rowe, president and chief executive officer, and other members of management will present.

The earnings materials and webcast of the conference call can be accessed by shareholders and other interested parties at www.flowserve.com under the “Investor Relations” section.

About Flowserve: Flowserve Corp. is one of the world’s leading providers of fluid motion and control products and services. Operating in more than 55 countries, the company produces engineered and industrial pumps, seals and valves as

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Ubiquiti Inc. Reports Second Quarter Fiscal 2021 Financial Results

3 months ago Amanda T. Noriega

NEW YORK–(BUSINESS WIRE)–Feb 5, 2021–

Ubiquiti Inc. (NYSE: UI) (“Ubiquiti” or the “Company”) today announced results for the second quarter fiscal 2021, ended December 31, 2020.

Second Quarter Fiscal 2021 Financial Summary

  • Revenues of $479.4 million, increasing 55.5% year-over-year

  • GAAP diluted EPS of $2.54, increasing 92.4% year-over-year

  • Non-GAAP diluted EPS of $2.53, increasing 80.7% year-over-year

Additional Financial Highlights

  • Repurchased 309,133 shares of common stock at an average price of $178.11 per share during the quarter.

  • The Company’s Board of Directors declared a $0.40 per share cash dividend payable on February 22, 2021 to shareholders of record at the close of business on February 16, 2021.

Financial Highlights ($, in millions, except per share data)







Income statement highlights

 

F2Q21

 

F1Q21

 

F2Q20

Revenues

 

479.4

 

473.5

 

308.3

Service Provider Technology

 

149.9

 

157.5

 

97.7

Enterprise Technology

 

329.6

 

316.1

 

210.6

Gross profit

 

230.7

 

228.1

 

145.1


Gross Profit (%)

 


48.1%

 


48.2%

 


47.1%

Total Operating Expenses

 

39.9

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Telenav Reports Second Quarter Fiscal 2021 Financial Results

3 months ago Amanda T. Noriega

SANTA CLARA, Calif.–(BUSINESS WIRE)–Telenav®, Inc. (NASDAQ:TNAV), a leading provider of connected-car and location-based services, today released its financial results for the second fiscal quarter ended Dec. 31, 2020. In light of the previously announced proposed acquisition of Telenav by V99, Inc., Telenav will not host a conference call to discuss these financial results or provide outlook regarding future operating performance or conditions.

Financial Highlights for the Second Quarter Ended Dec. 31, 2020

  • Total revenue for the second quarter of fiscal 2021 was $65.9 million, compared with $73.9 million in the second quarter of fiscal 2020.
  • Services revenue for the second quarter of fiscal 2021 was $12.4 million, compared with $12.3 million in the second quarter of fiscal 2020.
  • GAAP gross profit for the second quarter of fiscal 2021 was $27.7 million, compared with $40.2 million in the second quarter of fiscal 2020.
  • Billings, a non-GAAP measure, for the
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Brookfield Business Partners Reports 2020 Year End Results

3 months ago Amanda T. Noriega

BROOKFIELD, News, Feb. 05, 2021 (GLOBE NEWSWIRE) — Brookfield Business Partners L.P. (NYSE: BBU) (TSX: BBU.UN) (“Brookfield Business Partners”) announced today financial results for the year ended December 31, 2020.

“Our business was resilient in 2020 reflecting the quality of the companies we own and our disciplined approach to risk management which served us well in a challenging operating environment,” said Cyrus Madon, CEO of Brookfield Business Partners. “We remain focused on building value in our business and are well positioned with strong liquidity to execute on growth opportunities as investment activity continues to accelerate.”







       
  Three Months Ended
December 31,		   Twelve Months Ended
December 31,
US$ millions (except per unit amount), unaudited 2020   2019   2020   2019
Net income (loss) attributable to unitholders1 $ 85     $ (105 )   $ (169 )   $ 88  
Net income (loss) per limited partnership unit2 $ 0.56     $ (0.70 )   $ (1.13 )   $ 0.62  
               
Company
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Twist Bioscience Reports First Quarter Fiscal 2021 Financial Results

3 months ago Amanda T. Noriega

SOUTH SAN FRANCISCO, Calif.–(BUSINESS WIRE)–Feb 4, 2021–

Twist Bioscience Corporation (NASDAQ: TWST), a company enabling customers to succeed through its offering of high-quality synthetic DNA using its silicon platform, today reported financial results and business highlights for the first quarter of fiscal 2021 ended December 31, 2020.

“We reported a strong quarter both for orders and revenue, building a solid foundation for fiscal 2021,” said Emily M. Leproust, Ph.D., CEO and co-founder of Twist Bioscience. “We see early evidence that our investment in synbio products for our pharmaceutical and biotech customers is beginning to gain traction, and for our NGS tools business, our liquid biopsy customers continue to drive revenue growth. Both our biopharma and DNA data storage teams made progress in advancing technologies, and we strengthened our balance sheet with $324 million through a recent equity offering.

“Looking ahead, we expect continued growth and diversification of our revenue stream

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