Press release content from Globe Newswire. The AP news staff was not involved in its creation.
NorthWestern Reports 2020 Financial Results
NorthWestern CorporationFebruary 11, 2021 GMT
Company reports GAAP diluted earnings per share of $3.06 for 2020, affirms 2021 earnings guidance and announces a 3.3% increase to the quarterly dividend - to $0.62 per share - payable March 31, 2021
BUTTE, Mont. and SIOUX FALLS, S.D., Feb. 11, 2021 (GLOBE NEWSWIRE) NorthWestern Corporation d/b/a NorthWestern Energy (Nasdaq: NWE) reported financial results for the year ended December 31, 2020. Net income for the period was $155.2 million, or $3.06 per diluted share, as compared with net income of $202.1 million, or $3.98 per diluted share, for the same period in 2019. This $46.9 million decrease in net income is primarily due to an income tax benefit in 2019, lower gross margin in 2020 due to warmer winter weather and impacts of the COVID-19 pandemic, a disallowance of prior period supply costs
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Chesapeake Utilities Corporation To Host Conference Call To Review Fourth Quarter And Annual 2020 Financial Results
February 11, 2021 GMT
DOVER, Del., Feb. 11, 2021 /PRNewswire/ Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Thursday, February 25, 2020, at 4:00 p.m. ET to discuss the Company’s financial results for the fourth quarter and year ended December 31, 2020. The earnings press release will be issued on Wednesday, February 24, 2021, after the market closes.
To participate in this call, dial 877.224.1468 and reference Chesapeake Utilities Corporation’s 2020 Financial Results Conference Call.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Emera Appoints New Board Director
February 12, 2021 GMT
Jackie Sheppard, Chair of Emera Inc. (TSX: EMA) announces the appointment of Karen Sheriff to Emera’s Board of Directors, effective today.
“On behalf of the Board, I am excited to welcome Karen to the Emera Team,” says Sheppard. “Karen is an accomplished senior executive with deep experience in driving innovation, growth and corporate strategy which are increasingly valuable skills in the rapidly changing energy sector.”
Over the past three decades, Ms. Sheriff has held senior positions in both publicly traded and private companies in Canada and the U.S. She also brings extensive, cross-industry leadership experience in regulated environments to Emera’s Board.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
EnerSys Reports Third Quarter Fiscal 2021 Results
EnerSysFebruary 10, 2021 GMT
READING, Pa., Feb. 10, 2021 (GLOBE NEWSWIRE) EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, announced today results for its third quarter of fiscal 2021, which ended on January 3, 2021.
Third Quarter FY 21 Highlights
Net sales of $751M up 6% sequentially
Gross Profit Margins steady at 25%
Operating Expenses remain flexed
Operating earnings up YOY
TPPL High Speed line in production
Key Results from Operations by Segments ($ in millions)
Message from the CEO
I remain humbled by our employees’ ability to deliver in these challenging times. We have continued to make excellent progress on our strategic initiatives and demand remained strong in our third quarter. Our as-adjusted $1.27 third quarter EPS benefited approximately $0.10 from our claim
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Stem, Inc. Brings Smart Energy Storage to Electric Cooperative Projects with Today’s Power, Inc.
Stem, Inc.February 11, 2021 GMT
MILLBRAE, Calif., Feb. 11, 2021 (GLOBE NEWSWIRE) Stem, Inc. (“Stem”), a global leader in artificial intelligence (AI)-driven clean energy storage systems, today announced the Company will provide smart energy storage services to Today’s Power, Inc. (“TPI”), a renewable energy company based in North Little Rock, Ark. that develops, owns and operates renewable energy assets. A certified partner in Stem’s Partner Program, TPI will leverage Stem’s smart energy storage solution to deliver energy flexibility in electric cooperative projects, starting in Northwest Arkansas.