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For the first quarter of 2021, worldwide sales from continuing operations were $247.6 million, an increase of 2.1 percent on a reported basis and a decline of 0.4 percent on a constant-currency
1 basis, as compared to the same quarter of the previous year. On the basis of U.S. Generally Accepted Accounting Principles (GAAP), first quarter 2021 diluted loss per share from continuing operations was $0.61. First quarter 2021 adjusted diluted earnings per share from continuing operations was $0.35. Epilepsy sales growth in the quarter reflects improving market dynamics, especially in the United States. The pace of vaccination efforts, along with patients and their caregivers willingness to seek treatment, is key to the continued recovery of the Epilepsy business, said Damie
Operator
Good afternoon, ladies and gentlemen. Welcome to the Cathay General Bancorp s First Quarter 2021 Earnings Conference Call. My name is Valerie, and I ll be your coordinator for today. [Operator Instructions] Following the prepared remarks, there will be a question-and-answer session. [Operator Instructions] Today s call is being recorded and will be available for replay at www.cathaygeneralbancorp.com.
Now, I d like to turn the call over to Georgia Lo, Investor Relations of Cathay General Bancorp.
Georgia Lo
Head of Investor Relations
Thank you, Valerie and good afternoon. Here to discuss the financial results today are Mr. Chang Liu, our President and Chief Executive Officer; and Mr. Heng Chen, our Executive Vice President and Chief Financial Officer.
The Bank of Princeton Announces First Quarter 2021 Results
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PRINCETON, N.J., April 22, 2021 /PRNewswire/ The Bank of Princeton (the Bank ) (NASDAQ: BPRN) today reported its unaudited results of operations and financial condition for the quarter ended March 31, 2021. The Bank reported net income of $4.9 million, or $0.70 per diluted common share, for the first quarter of 2021, compared to net income of $4.1 million, or $0.60 per diluted common share, for the fourth quarter of 2020, and net income of $3.0 million, or $0.44 per diluted common share, for the first quarter of 2020. The increase in net income, when compared to the three months ended December 31, 2020, was primarily due to a $1.2 million increase in net-interest income and a $525 thousand reduction in the provision for loan losses, partially offset by a $307 thousand decrease in non-interest income and a $349 thousand increase in non-interest expense. The increa