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World Fuel Services : Reports Second Quarter 2021 Results (Form 8-K)


MIAMI-July 29, 2021 World Fuel Services Corporation (NYSE: INT)
Second-Quarter 2021 Highlights
•GAAP net income of $17.6 million, or $0.28 per diluted share
•Adjusted net income of $25.0 million, or $0.39 per diluted share
•Adjusted EBITDA of $59.8 million
As travel and economic activity continue to recover, we have seen volumes improve across our businesses and are optimistic about increasing demand for the balance of the year, stated Michael J. Kasbar, chairman and chief executive officer of World Fuel Services Corporation. We have also been positioning ourselves to best serve the needs of our customers as they navigate the ongoing evolution of energy consumption.
For the second quarter, our aviation segment generated gross profit of $87.4 million, a decrease of 5% year-over-year, principally driven by a reduction in our government-related activity in Afghanistan and lower average margins as a result o ....

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World Fuel Services Corporation Reports Fourth Quarter and Full Year 2020 Results


World Fuel Services Corporation Reports Fourth Quarter and Full Year 2020 Results
World Fuel Services Corporation (NYSE: INT)
Fourth-Quarter 2020 Highlights
• GAAP net loss of $3.6 million, or $0.06 per diluted share
• Adjusted net income of $1.1 million, or $0.02 per diluted share
• Adjusted EBITDA of $44.6 million
Full Year 2020 Highlights
• GAAP net income of $109.6 million, or $1.71 per diluted share
• Adjusted net income of $73.6 million, or $1.15 per diluted share
• Adjusted EBITDA of $261.4 million
“While the past year presented some of the most challenging conditions that our company and the market has ever experienced, our risk management capabilities and the resilience of our diversified business model has provided a number of near-term opportunities and our longer-term growth prospects remain strong,” stated Michael J. Kasbar, chairman and chief executive officer of World Fuel Services Corporation. “We are truly ....

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48 Stocks Moving In Friday's Mid-Day Session


48 Stocks Moving In Friday s Mid-Day Session
Benzinga
2/26/2021
Gainers
Lixte Biotechnology Holdings, Inc. (NASDAQ: LIXT) shares jumped 52.8% to $5.76. Lixte Biotech recently said it will present its anti-cancer therapy enhancer at HC Wainwright Global Life Sciences Conference being held March 9-10, 2021.
Sensus Healthcare, Inc. (NASDAQ: SRTS) surged 45% to $5.52 after the company reported Q4 results.
Just Energy Group Inc. (NYSE: JE) shares gained 31.5% to $4.5511 after the company reported Q3 results.
Armstrong Flooring, Inc. (NYSE: AFI) shares jumped 30.6% to $5.28 after the company signed a definitive agreement to sell its South Gate, California property for $76.7 million.
Dynavax Technologies Corporation (NASDAQ: DVAX) surged 17% to $9.55 after the company reported better-than-expected Q4 results. ....

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