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CHARLOTTE, N.C., May 6, 2021 /PRNewswire/ NN, Inc. (NASDAQ: NNBR), a diversified industrial company, today reported its financial results for the first quarter ended March 31, 2021.
GAAP Results
Net sales for the first quarter of 2021 increased $10.6 million, or 9.1%, to $126.8 million, compared to $116.2 million for the first quarter of 2020, led by strong sales from Mobile Solutions, which increased 11.3%.
On a GAAP basis, income from operations for the first quarter of 2021 was $1.0 million, compared to loss from operations of $103.9 million for the same period in 2020. In the first quarter of 2021, the income from operations was primarily driven by an increase in sales volume and cost reduction initiatives. Income from operations for the first quarter of 2020 was impacted by a non-cash goodwill impairment of $92.9 million in the Power Solutions segment.
Maryland Board of Nursing Approves CorVel as Provider of Workers’ Compensation Case Management Certification for Specialty Nurses
IRVINE, Calif., May 05, 2021 (GLOBE NEWSWIRE) CorVel Corporation (NASDAQ: CRVL), a national provider of risk management solutions, has been approved by the Maryland Board of Nursing as the only certified Workers’ Compensation Case Manager (WCCM-RN) training program in the state. The state of Maryland recognizes WCCM as a specialty practice within the nursing field because the position requires advanced knowledge and skills to act as a patient advocate while navigating the workers’ compensation process.
After Maryland’s previous vendor ended its WCCM-RN program earlier this year, CorVel stepped up to offer its services. The company leveraged its extensive experience as a leader in nurse case management to design a comprehensive program that encompasses everything from the history of case management to insurance and payer information to the Nurse
/PRNewswire/ Veritiv Corporation (NYSE: VRTV), a full-service provider of business-to-business distribution solutions, today announced financial results for.
Invesco Mortgage Capital Inc Reports First Quarter 2021 Financial Results prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
EQT Reports First Quarter 2021 Results
Continuing to deliver value to stakeholders
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PITTSBURGH, May 5, 2021 /PRNewswire/ EQT Corporation (NYSE: EQT) today announced financial and operational results for the first quarter 2021.
First Quarter Highlights:
Received an average realized price of $2.61/Mcfe
Total per unit operating costs of $1.31/Mcfe, $0.04 below midpoint of annual guidance
Net cash provided by operating activities of $400 MM; free cash flow
(1) of $259 MM
Capital expenditures of $238 MM, $42 MM below the low-end of guidance range
Well costs of $635/foot in the PA Marcellus, $40/foot below full-year 2021 well costs target
Reduced 2021 capital expenditure guidance by $75 MM