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Superior Drilling Products, Inc. : Revenue Increased 57% Sequentially to $2.4 million in First Quarter 2021


 
First quarter revenue grew $0.9 million to $2.4 million over trailing fourth quarter as market steadily improves
U.S. market conditions strengthening and market share expanding driving revenue in North America up 74% over trailing quarter
Tool revenue grew 84% over the trailing quarter while Contract Services revenue was up 19%
Cost savings efforts and improved revenue resulted in positive cash generation from operations; ended quarter with $2.3 million of cash on hand
Restructured international team to build market opportunity while expanding relationships with major oil field service companies to deepen market reach
Superior Drilling Products, Inc. (NYSE American: SDPI) (“SDP” or the “Company”), a designer and manufacturer of drilling tool technologies, today reported financial results for the first quarter of 2021 ended March 31, 2021. ....

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The RMR Group Inc. : Announces Second Quarter Fiscal 2021 Results


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Net Income Attributable to The RMR Group Inc. of $0.30 Per Diluted Share and Adjusted Net Income Attributable to The RMR Group Inc. of $0.37 Per Diluted Share
The RMR Group Inc. (Nasdaq: RMR) today announced its financial results for the fiscal quarter ended March 31, 2021.
Adam Portnoy, President and Chief Executive Officer, made the following statement regarding the second quarter fiscal 2021 results:
“In the second fiscal quarter, RMR generated total management and advisory services revenues of $42.0 million, which represents our third straight quarter of service revenue growth from early pandemic lows and primarily comes from growth at our Managed Equity REITs. Throughout the pandemic, we have remained focused as an organization on the recovery and repositioning of our clients, which includes recent efforts such as strategically amending the Five Star Senior Living and Diversified Healthcare Trust management agreements, assisting ....

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