Third Quarter Highlights Include:
Record revenues increased 23% over prior year
Backlog of $894 million increased 16% over prior year
Physical Optics Corporation integration progressing well
ANDOVER, Mass., May 04, 2021 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), reported operating results for the third quarter of fiscal 2021, ended April 2, 2021.
"The Company delivered a strong financial performance in the third quarter," said Mark Aslett, Mercury's President and Chief Executive Officer. "Record revenues exceeded guidance and the integration of Physical Optics Corporation is progressing well. We continue to execute on our strategy to deliver strong margins while growing the business organically and supplementing the organic growth with disciplined M&A and full integration.
Certain Virtus Closed-End Funds Declare Monthly Distributions: AIO, NCV, NCZ, CBH, and ACV
The distributions will be payable on June 1, 2021 to shareholders of record on May 13, 2021 with an ex-dividend date of May 12, 2021 .
The amounts of distributions reported in this notice are estimates only and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions will depend on the fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The fund or your broker will send shareholders a Form 1099-DIV for the calendar year that will tell shareholders what distributions to report for federal income tax purposes.
Big Tech's regulatory challenges in China include closer scrutiny of taxes, but many see this as
Vishay Reports Results for First Quarter 2021
MALVERN, Pa., May 04, 2021 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH), one of the world's largest manufacturers of discrete semiconductors and passive components, today announced its results for the fiscal quarter ended April 3, 2021.
Revenues for the fiscal quarter ended April 3, 2021 were $764.6 million, compared to $667.2 million for the fiscal quarter ended December 31, 2020, and $612.8 million for the fiscal quarter ended April 4, 2020.
As summarized on the attached reconciliation schedule, all periods presented include items affecting comparability. Adjusted earnings per diluted share, which exclude certain items net of tax and unusual tax items, were $0.46, $0.28, and $0.21 for the fiscal quarters ended April 3, 2021, December 31, 2020, and April 4, 2020, respectively.
JPMorgan's CEO Jamie Dimon said he doesn't support bitcoin, criticized regulation of small
JPMorgan CEO Jamie Dimon sat down with The Wall Street Journal's editor-in-chief Matt Murray at the CEO Council Summit on Tuesday.
The CEO said he expects the US economy to boom, but warned inefficient government spending could bring the party to halt.
Dimon added that he believes the economy could find the perfect "Goldilocks" zone of strong growth coupled with mild inflation if all goes well.
He went on to say that while equity valuations across markets are high, he expects this is due to a pricing in effect of upcoming economic growth post-pandemic.
Delaware Investments® Dividend and Income Fund, Inc. Announces Distributions | Business Wire
The Fund is a diversified closed-end fund. The primary investment objective is to seek high current income; capital appreciation is a secondary objective.
Macquarie Investment Management, a member of Macquarie Group, is a global asset manager with offices in the United States, Europe, Asia, and Australia. As active managers, we prioritize autonomy and accountability at the team level in pursuit of opportunities that matter for clients. Macquarie Investment Management is supported by the resources of Macquarie Group (ASX: MQG; ADR: MQBKY), a global provider of asset management, investment, banking, financial and advisory services.
Eaton Reports Strong First Quarter 2021 Results, Raises 2021 Outlook | Business Wire
Sales in the first quarter of 2021 were $4.7 billion, down 2 percent from the first quarter of 2020. The divestiture of the Lighting business reduced sales by 5½ percent, which was partially offset by positive currency translation of 2 percent, 1 percent growth from acquisitions, and organic growth of ½ percent.
Craig Arnold, Eaton chairman and chief executive officer, said, "Our first quarter was stronger than expected, with organic sales well above the high end of our guidance range, segment margin at record levels, and strong cash flow. We are pleased with how rapidly our businesses are recovering towards pre-pandemic levels."
Invesco Dynamic Credit Opportunities Fund, Invesco High Income Trust II, and Invesco Senior
ATLANTA, May 3, 2021 /PRNewswire/ -- The Board of Trustees (the 'Board') of each of Invesco Dynamic Credit Opportunities Fund, Invesco High Income Trust II and Invesco Senior Income Trust (each, a 'Fund' and collectively, the 'Funds') today declared the following dividends:
Effective October 1, 2020 , the Board of Invesco Dynamic Credit Opportunities Fund (NYSE: VTA) approved a Managed Distribution Plan (the "VTA Plan") for the Fund, whereby the Fund will pay its monthly dividend to common shareholders at a stated fixed monthly distribution amount of $0.075 per share.
Dolby Laboratories Reports Second Quarter Fiscal 2021 Financial Results
SAN FRANCISCO, May 04, 2021 (GLOBE NEWSWIRE) -- Dolby Laboratories, Inc. (NYSE: DLB ) today announced the company's financial results for the second quarter of fiscal 2021. For the second quarter, Dolby reported total revenue of $319.6 million, compared to $351.8 million for the second quarter of fiscal 2020.
"We continue to see growing momentum in the number of Dolby experiences being enabled by our partners across a broad range of content," said Kevin Yeaman, President and CEO, Dolby Laboratories. "We have expanded our reach within music and gaming, and Dolby.io is opening the door to bring Dolby to more content experiences."
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