Tag Archives: Conference Call Scheduled

Approach Resources Inc. Announces Preliminary Production for First Quarter 2013 and Schedules First

By Business Wirevia The Motley Fool

Filed under:

Approach Resources Inc. Announces Preliminary Production for First Quarter 2013 and Schedules First Quarter 2013 Conference Call for Friday, May 3, 2013

FORT WORTH, Texas–(BUSINESS WIRE)– Approach Resources Inc. today announced preliminary production for first quarter 2013 of 754 MBoe (8.4 MBoe/d), compared to 654 MBoe (7.2 MBoe/d) produced in first quarter 2012, a 15% increase. Estimated oil production for first quarter 2013 increased 63% to 310 MBbls, compared to 191 MBbls produced in first quarter 2012. Estimated production for first quarter 2013 was 41% oil, 28% NGLs and 31% natural gas, compared to 29% oil, 33% NGLs and 38% natural gas in first quarter 2012.

As previously reported, estimated production for first quarter 2013 was impacted by a third-party NGL fractionation facility repair and maintenance, decreasing our average volumes by approximately 6.1 MBoe/d beginning the second week in March. As of April 6, 2013, substantially all production was back online. Turnaround activity for NGL fractionators along the Gulf Coast typically occurs during the spring season. We currently do not expect further downtime as a result of this activity, but will provide an update if conditions change.

Beginning April 3, 2013, we began flowing oil down our joint venture pipeline, which is a 38-mile pipeline primarily in Crockett and Reagan counties. We expect that the oil pipeline will enable the Company to efficiently transport our crude oil production to market, reduce our transportation differential and provide optionality for accessing markets with superior price realizations.

Conference Call Scheduled for May 3, 2013

Approach will host a conference call on Friday, May 3, 2013, at 10:00 a.m. Central Time (11:00 a.m. Eastern Time) to discuss first quarter 2013 financial and operating results. The Company plans to issue first quarter 2013 results after market close on Thursday, May 2, 2013.

To participate in the conference call, domestic participants should dial (866) 783-2138 and international participants should dial (857) 350-1597 approximately 15 minutes before the scheduled conference time. To access the simultaneous webcast of the conference call, please visit the Calendar of Events page under the Investor Relations section of the Company’s website, www.approachresources.com,15 minutes before the scheduled conference time to register for the webcast and install any necessary software. The webcast will be archived for replay on the Company’s website until August 1, 2013.

In addition, the Company will host a telephone replay of the call, which will be

From: http://www.dailyfinance.com/2013/04/15/approach-resources-inc-announces-preliminary-produ/

Myers Industries Announces Reporting Date for 2013 First Quarter Results; Conference Call Scheduled

By Business Wirevia The Motley Fool

Filed under:

Myers Industries Announces Reporting Date for 2013 First Quarter Results; Conference Call Scheduled

AKRON, Ohio–(BUSINESS WIRE)– Myers Industries, Inc. (NYS: MYE) today announced that it intends to report financial results for the first quarter ended March 31, 2013, on Wednesday, April 24, 2013, before the market opens. The Company will host an investor conference call the same day at 10 a.m. Eastern time to review its performance. Participants will include John C. Orr, president and chief executive officer and Gregg Branning, senior vice president, chief financial officer and corporate secretary.

Investors and analysts may access the call at (877) 407-8033; international callers use (201) 689-8033. Callers are asked to sign on at least five minutes in advance. The call will also be available via a live webcast. To access the live webcast or a replay, visit www.myersindustries.com and click on the link provided under the section entitled Quick Links.

Investors can also access a replay of the teleconference at (877) 660-6853; international callers use (201) 612-7415. The Conference ID # is 412409. The teleconference replay will be available through July 24, 2013.

As a reminder, the Company’s Annual Meeting of Shareholders will be held Friday, April 26, 2013, at 9 a.m. Eastern time, at the Louis S. Myers Training Center. The Training Center is located at 1554 South Main Street in Akron. The Company’s Board of Directors set March 4, 2013, as the record date for shareholders entitled to notice of and to vote at the annual meeting.


About Myers Industries

Myers Industries, Inc. is an international manufacturer of polymer products for industrial, agricultural, automotive, commercial, and consumer markets. The Company is also the largest wholesale distributor of tools, equipment, and supplies for the tire, wheel and undervehicle service industry in the U.S. Visit www.myersindustries.com to learn more.

Myers Industries, Inc.
Monica Vinay, Director, Investor & Financial Relations, 330-761-6212
mvinay@myersind.com

KEYWORDS:   United States  North America  Ohio

INDUSTRY KEYWORDS:

The article Myers Industries Announces Reporting Date for 2013 First Quarter Results; Conference Call Scheduled originally …read more

Source: FULL ARTICLE at DailyFinance

FXCM Proposes Acquisition of Gain Capital

By Business Wirevia The Motley Fool

Filed under:

FXCM Proposes Acquisition of Gain Capital

Combined Company Expected to be Accretive to All Parties

Conference Call Scheduled for 8:15 a.m. on Tuesday, April 9, 2013

Proposed Acquisition Highlights:

  • Would create an industry leader with potentially significant benefits of improved scale economics
  • Pro forma 2012 revenues of ~$569 million, client assets of ~$1.6 billion(1) and estimated post-synergy run-rate Adjusted EBITDA of between ~$163 and ~$183 million(2)
  • Potential significant operating synergies which can potentially drive between $50 and $70 million in incremental run-rate EBITDA once integration is complete
  • Potential capital synergies could result in the release of between $80 and $100 million in currently restricted cash
  • Projected to be accretive in 2014 after excluding one-time restructuring cost

NEW YORK–(BUSINESS WIRE)– FXCM Inc. (“FXCM“) (NYS: FXCM) , a leading online provider of foreign exchange, or FX, trading and related services, today announced it is proposing to merge with and acquire Gain Capital Holdings LLC (“GAIN”) (NYS: GCAP) .

The proposal was communicated this evening in a letter from FXCM to Gain’s Board of Directors, to inform them of FXCM‘s desire to reach agreement on a transaction that would create the industry leader in online FX trading.

FXCM believes that the substantial potential operating and capital synergies between the two companies would result in an accretive deal with a strong growth profile and improved economies of scale,” said Drew Niv, CEO of FXCM. “Additionally, FXCM believes customers of both FXCM and Gain will greatly benefit from the expected improvement of financial strength and stability of the combined entity.”

“This proposed merger is the highest priority for FXCM, and we hope that Gain is as excited as we are about the potential a combined company could have.”

The proposed transaction would give Gain shareholders 0.3996 shares of FXCM Class A common stock …read more

Source: FULL ARTICLE at DailyFinance

Intellicheck Mobilisa Announces 2012 Fourth Quarter and Year End Financial Results

By Business Wirevia The Motley Fool

Filed under:

Intellicheck Mobilisa Announces 2012 Fourth Quarter and Year End Financial Results

Conference Call Scheduled for Today, Wednesday, March 27, at 1:00 pm ET/10:00 am PT

PORT TOWNSEND, Wash.–(BUSINESS WIRE)– Intellicheck Mobilisa, Inc. (NYSE MKT: IDN), a global leader in identity solutions and wireless security systems, has released its financial results for the fourth quarter and year ended December 31, 2012.

Revenues for the quarter ended December 31, 2012 were $528,000 compared to $2,868,000 in the same period of the previous year. Included in the revenue for the current quarter is an adjustment of ($671,000) relating to the uncertainty of the collection of certain accounts receivable regarding a contract with the U.S. Navy, which the company learned about during the fourth quarter of 2012. The Company believes this is a valid receivable, and is pursuing its collection. Although this revenue had been recognized in prior periods, the Company believes this is the proper accounting treatment, given that new information was received during the fourth quarter.

Adjusted EBITDA was ($1,681,000) for the fourth quarter of 2012 compared to $284,000 for the fourth quarter of 2011. Net loss for the three months ended December 31, 2012 was ($1,955,000) or ($0.07) per diluted share compared to a net loss of ($14,000) or ($0.00) per diluted share for the three months ended December 31, 2011. The Company’s backlog, which presents non-cancelable sales orders for products not yet shipped and services to be performed, was approximately $1.2 million at December 31, 2012, compared to $2.8 million at December 31, 2011.

For the year ended December 31, 2012, revenues were $8,803,000 compared to revenues of $12,484,000 reported in the same period of the prior year. Included in the 2012 revenue is the aforementioned adjustment of ($671,000) relating to the uncertainty of an accounts receivable. Adjusted EBITDA for 2012 was ($1,114,000) compared to $875,000 in 2011. Net loss was ($2,260,000) or ($0.08) per diluted share for the year ended December 31, 2012, compared to a net loss of ($291,000) or ($0.01) per diluted share for the year ended December 31, 2011.

Nelson Ludlow, Ph.D., President and CEO of Intellicheck Mobilisa, stated, “As I anticipated in my letter to shareholders issued on November 30, our financial results for the fourth quarter and year 2012 were not strong. I detailed in that letter, we are reviving innovation and new product development, providing stronger customer service, completing partnership agreements and increasing emphasis on closing sales. The changes we …read more
Source: FULL ARTICLE at DailyFinance

Cover-All Technologies Inc. to Report 2012 Fourth Quarter and Full-Year Financial Results on March 2

By Business Wirevia The Motley Fool

Filed under:

Cover-All Technologies Inc. to Report 2012 Fourth Quarter and Full-Year Financial Results on March 20, 2013

Conference Call Scheduled for 4:30 p.m. ET

MORRISTOWN, N.J.–(BUSINESS WIRE)– Cover-All Technologies Inc. (NYSE MKT: COVR), a Delaware corporation (“Cover-All” or the “Company”), today announced that management will report its 2012 fourth quarter and full-year financial results after the market close on Wednesday, March 20, 2013.

Management will conduct a live teleconference to discuss its financial results at 4:30 p.m. ET on Wednesday, March 20, 2013. Anyone interested in participating should call 1-877-941-2068 if calling from the United States, or 1-480-629-9712 if dialing internationally. A replay will be available until March 27, 2013, which can be accessed by dialing 1-877-870-5176 within the United States and 1-858-384-5517 if dialing internationally. Please use passcode 4608111 to access the replay.

In addition, the call will be webcast and will be available on the Company’s website at www.cover-all.com or by visiting http://public.viavid.com/index.php?id=103903.

About Cover-All Technologies Inc.

Cover-All Technologies Inc., since 1981, has been a leader in developing sophisticated software solutions for the property and casualty insurance industry – the first to deliver PC-based commercial insurance rating and policy issuance software. Currently, Cover-All is building on its reputation for quality insurance solutions, knowledgeable people and outstanding customer service by creating new and innovative insurance solutions that leverage the latest technologies and bring its customers outstanding capabilities and value. With its extensive insurance knowledge, experience and commitment to quality, Cover-All continues its tradition of developing technology solutions designed to revolutionize the way the property and casualty insurance business is conducted.

Additional information is available online at www.cover-all.com.

Cover-All®, My Insurance Center™ (MIC) NexGen, Insurance Policy Database™ (IPD) and PipelineClaimsTM are trademarks or registered trademarks of Cover-All Technologies Inc. All other company and product names mentioned are trademarks or registered trademarks of their respective holders.

For information on Cover-All:
Ann Massey, 973-461-5190
Chief Financial Officer
amassey@cover-all.com
or
Investor:
Hayden IR
Brett Maas, 646-536-7331
brett@haydenir.com

KEYWORDS:   United States  North America  New Jersey

INDUSTRY KEYWORDS:

The article Cover-All Technologies Inc. to Report 2012 …read more
Source: FULL ARTICLE at DailyFinance