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CNBC News Releases Press Releases

  • Reported net income of $66 million and EBITDA of $97 million. Reported net cash provided by operating activities of $86 million and distributable cash flow of $86 million. Increased cash distribution to $0.5275 per unit, a 3.9 percent increase over the fourth quarter 2017, with a distribution coverage ratio of 1.6 x. SAN ANTONIO, April 26, 2018-- Valero Energy...

  • Reported net income attributable to Valero stockholders of $469 million, or $1.09 per share, and adjusted net income attributable to Valero stockholders of $431 million, or $1. 00 per share, an increase of 47 percent in adjusted per share results compared to the first quarter of 2017. Invested $631 million of capital in the first quarter. Returned $665 million in...

  • OKLAHOMA CITY, April 26, 2018-- Gulfport Energy Corporation today announced that it has entered into a definitive agreement for EQT Midstream Partners, LP to acquire Gulfport’ s 25% equity interest in Strike Force Midstream LLC.. Strike Force Midstream is a midstream joint venture between Gulfport and EQT Corporation consisting of natural gas gathering...

  • CLEVELAND, April 26, 2018/ PRNewswire/-- PolyOne Corporation today reported its first quarter results for 2018. GAAP earnings per share was $0.59 in the first quarter of 2018 compared to $0.58 in the first quarter of 2017. Adjusted earnings per share expanded to $0.68 from $0.59 in the first quarter of 2017.

  • PITTSBURGH---- EQT Midstream Partners, LP today announced first quarter 2018 results, including net income of $177.2 million, adjusted EBITDA of $204. 4 million, net cash provided by operating activities of $182.4 million, and distributable cash flow of $187.2 million. EQM operating income was $178.3 million, which was 23% higher than last year.

  • ST. LOUIS, April 26, 2018/ PRNewswire/-- Arch Coal, Inc. today reported net income of $60.0 million, or $2.74 per diluted share, in the first quarter of 2018, compared with net income of $51.7 million, or $2.03 per diluted share, in the prior-year period. The company earned adjusted earnings before interest, taxes, depreciation, depletion, amortization and...

  • DALLAS, April 26, 2018/ PRNewswire/-- Southwest Airlines Co. today reported its first quarter 2018 results:. Net income of $463 million, net margin 1 of 9.4 percent, and record first quarter earnings per diluted share of$. 79 Operating income of $616 million and operating margin 2 of 12.5 percent Excluding special items 3, net income of $438 million, net margin 4 of 8.9...

  • HOUSTON, April 26, 2018/ PRNewswire/-- CARBO Ceramics Inc. today reported financial results for the first quarter of 2018.. Revenue for the first quarter of 2018 of $49.4 million, an increase of 42% year-on-year, resulting from strong revenue growth in all three business sectors; oilfield, industrial and environmental. Cash balance of approximately $70 million...

  • BEIJING, April 26, 2018/ PRNewswire/-- Weibo Corporation, a leading social media for people to create, share and discover content, will announce its unaudited financial results for the first quarter of 2018 before the market opens on Wednesday, May 9, 2018. Following the announcement, Weibo's management team will host a conference call from 7 AM- 8 AM Eastern Time on...

  • SUNNYVALE, Calif., April 26, 2018/ PRNewswire/-- Trimble will hold a conference call on Monday, May 7, 2018 at 2 p.m. PT to review its first quarter 2018 results. The call will be broadcast live on the web at http://investor.trimble.com. For more information about Trimble, visit: www.trimble.com.

  • KING OF PRUSSIA, Pa., April 26, 2018/ PRNewswire/-- Universal Health Realty Income Trust announced today that for the three-month period ended March 31, 2018, net income was $9.6 million, or$. 70 per diluted share, as compared to $31.6 million, or $2.32 per diluted share, during the first quarter of 2017.. As reflected on the attached Schedule of Non-GAAP Supplemental...

  • BEIJING, April 26, 2018/ PRNewswire/-- Phoenix New Media Limited, a leading new media company in China, today announced that it filed its annual report on Form 20- F for the fiscal year ended December 31, 2017 with the Securities and Exchange Commission on April 26, 2018. Requests can be directed to Nicole Shan, Phoenix New Media Limited, Sinolight Plaza, No.

  • PHILADELPHIA---- Radian Group Inc. today reported net income for the quarter ended March 31, 2018, of $114.5 million, or $0.52 per diluted share. Adjusted pretax operating income for the quarter ended March 31, 2018, was $164.1 million, compared to $125.3 million for the quarter ended March 31, 2017. Book value per share at March 31, 2018, was $14.16, an increase of 2%...

  • HOUSTON, April 26, 2018/ PRNewswire/-- INDEPENDENCE CONTRACT DRILLING, INC. today reported financial results for the three months ended March 31, 2018. Record quarterly revenues of $25.6 million. Net loss of $4.1 million, or $0.11 per share. Adjusted net loss, as defined below, of $4.3 million, or $0.11 per share. Adjusted EBITDA, as defined below, of $3.9 million. Fleet...

  • SOUTHFIELD, Mich., April 26, 2018/ PRNewswire/-- Lear Corporation, a leading global supplier of automotive seating and electrical systems, today reported record results for the first quarter 2018. Record sales of $5.7 billion, up 15% from a year ago Record net income of $353.7 million and record adjusted net income of $344.5 million, compared to $305.8 million and...

  • AUBURN HILLS, Mich., April 26, 2018/ PRNewswire/-- BorgWarner Inc. today reported first quarter results. GAAP net sales of $2,784 million, up 15.7% compared with first quarter 2017. On a comparable basis, excluding the impact of foreign currencies and the acquisition of Sevcon, net sales were up 6.6% compared with first quarter 2017. U.S. GAAP net earnings of $1.07...

  • PITTSBURGH---- EQT Corporation today announced financial and operational performance results for the first quarter 2018.. Adjusted net income attributable to EQT increased 253% for the first quarter 2018, excluding the impairment charge, non-cash derivative gains, and approximately $35.7 million of transaction-related expenses. Adjusted operating...

  • Net Sales of $827.7 Million Up 21.8%; 6.7% Organic Sales Growth Net Income of $36.6 Million Up 24.1%; EPS of $0.93 Up 24.0% Results include one-time transaction-related expenses related to acquisition of FCX Performance Raises full-year guidance to reflect strong performance and favorable industrial markets CLEVELAND, April 26, 2018-- Applied Industrial...

  • MIRAMAR, Fla., April 26, 2018-- Spirit Airlines, Inc. today reported first quarter 2018 financial results.. For the first quarter 2018, Spirit reported a GAAP net loss of $44.9 million. Excluding special items, first quarter 2018 net income was $29.9 million 1. GAAP operating margin for the first quarter 2018 was negative 5.5 percent.

  • ARLINGTON, Texas---- D.R. Horton, Inc.:. Net income attributable to D.R. Horton increased 53% to $351.0 million or $0.91 per diluted share Consolidated pre-tax income increased 26% to $444.8 million Consolidated pre-tax profit margin improved 80 basis points to 11.7% Net sales orders increased 13% in value to $4.7 billion and 13% in homes to 15,828 Homes closed...