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Day: November 12, 2019

Datadog Announces Third Quarter 2019 Results

Third quarter revenue grew 88% year-over-year to $96 millionStrong growth of larger customers, with 727 $100k+ ARR customers versus 377 a year-agoAnnounced 15+ new products and functionalities at annual user conferenceRaised $709 million through initial public offeringNEW YORK, Nov. 12, 2019 (GLOBE NEWSWIRE) — Datadog, Inc. (NASDAQ:DDOG), the monitoring and analytics platform for developers, IT operations teams and business users in the cloud age, today announced financial results for its third quarter ended September 30, 2019.“We are very pleased with our third quarter, which was highlighted by 88% year-over-year revenue growth, and continued traction with larger customers,” said Olivier Pomel, co-founder and CEO of Datadog. “Datadog has established itself as the leading monitoring and analytics platform and we have continued to...

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ADT Reports Third Quarter 2019 Results

Total revenue growth of 13%Commercial organic revenue growth of 17%Greater home automation, over 80% interactive take rate drive residential momentumCapital structure enhancements significantly extend debt maturitiesSuccessfully completed sale of Canadian operationsOne-time special dividend of $0.70 per share to be distributed on December 23, 2019BOCA RATON, Fla., Nov. 12, 2019 (GLOBE NEWSWIRE) — ADT Inc. (NYSE: ADT), a leading provider of security, automation, and smart home solutions serving consumer and business customers in the United States, today reported the results for its third quarter of 2019.THIRD QUARTER 2019 HIGHLIGHTS COMPARED TO PRIOR YEAR(1)Total revenue of $1,301 million, up 13%Net loss of $182 million, compared to net loss of $236 millionYear to date net cash provided by operating activities of $1,459 million,...

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Health Insurance Innovations, Inc. Announces the Planned Transition of Chief Financial Officer

TAMPA, Fla., Nov. 12, 2019 (GLOBE NEWSWIRE) — Health Insurance Innovations, Inc. (NASDAQ:HIIQ), a leading cloud-based technology platform and distributor of affordable individual and family health insurance and supplemental plans, announced today the planned transition from Michael Hershberger as Chief Financial Officer to Erik Helding.  Mr. Hershberger will continue to serve as Chief Financial Officer until November 15, 2019 and will continue to be employed with HIIQ until December 31, 2019 to assist with the transition.  Mr. Helding will take over as the Chief Financial Officer on November 15, 2019. Gavin Southwell, Chief Executive Officer of HIIQ, said, “I would like thank and recognize Mike for his financial leadership and invaluable contribution in building HIIQ.  His strategic leadership has contributed greatly to the success...

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Homology Medicines Reports Third Quarter 2019 Financial Results and Recent Highlights

Expects to Report Initial Clinical Data from Phase 1/2 pheNIX PKU Gene Therapy Clinical Trial by Year-EndPresented Preclinical Data Demonstrating Progress in MLD Gene Therapy and PKU Gene Editing ProgramsBEDFORD, Mass., Nov. 12, 2019 (GLOBE NEWSWIRE) — Homology Medicines, Inc. (Nasdaq: FIXX), a genetic medicines company, announced today financial results for the third quarter ended September 30, 2019, and highlighted recent accomplishments.“We presented natural history data that concluded current treatment options for PKU are not sufficient in managing Phe to achieve target levels and underscored the need for new options for patients and their families,” said Arthur Tzianabos, Ph.D., President and Chief Executive Officer of Homology Medicines. “Our Phase 1/2 pheNIX gene therapy trial for adults with PKU is enrolling patients at...

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Computer Modelling Group Declares Quarterly Dividend

CALGARY, Alberta, Nov. 12, 2019 (GLOBE NEWSWIRE) — The Board of Directors of Computer Modelling Group Ltd. (“CMG” or the “Company”) announces a dividend of $0.10 per Common Share on CMG’s Common Shares. The dividend will be paid on December 13, 2019 to shareholders of record at the close of business on December 5, 2019.Computer Modelling Group Ltd. is a computer software technology and consulting company serving the oil and gas industry. CMG, recognized by oil and gas companies worldwide as a leading developer of reservoir modelling software, has sales and technical support services based in Calgary, Houston, London, Dubai, Bogota, and Kuala Lumpur. CMG is the leading supplier of advanced processes reservoir modelling software in the world with a blue chip client base of international oil companies and technology centers...

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CellCube Provides Corporate Update

TORONTO, Nov. 12, 2019 (GLOBE NEWSWIRE) — CellCube Energy Storage Systems Inc. (“CellCube” or the “Company”) (CSE:CUBE), wishes to announce that it has signed a term sheet setting out the main terms and conditions on, and subject to which, a consortium of investors led by Bushveld Energy, a wholly owned subsidiary of Bushveld Minerals, (the “Bushveld Consortium”) would be willing, in principle, to acquire the entire issued share capital of Enerox GmbH (“Enerox”) from CellCube Energy Storage Systems Inc. (the “Seller”).HighlightsThe Bushveld Consortium has been granted exclusivity until the end of February 2020 to complete due diligence and negotiate definitive acquisition documents. The transaction will, if completed, see the Bushveld Consortium acquire the entire issued share capital of Enerox GmbH (“Enerox”) from the Seller for...

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Dream Global Real Estate Investment Trust Unitholders Approve Blackstone Acquisition

TORONTO, Nov. 12, 2019 (GLOBE NEWSWIRE) — DREAM GLOBAL REAL ESTATE INVESTMENT TRUST (TSX: DRG.UN FRA: DRG, “Dream Global REIT” or the “REIT”) announced that, at the special meeting (the “Meeting”) of the unitholders of the REIT (“Unitholders”) held earlier today, Unitholders approved the previously-announced proposed transaction pursuant to which affiliates of real estate funds managed by The Blackstone Group Inc. (“Blackstone”) will acquire all of Dream Global REIT’s subsidiaries and assets in an all-cash transaction valued at $6.2 billion (the “Transaction”). On closing of the Transaction, Unitholders will receive cash consideration of $16.79 per unit of Dream Global REIT (the “Units”), as described in the management information circular of the REIT dated October 13, 2019 (the “Circular”) prepared in connection with the Meeting....

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SDLP – Notice of 2019 Annual Meeting of Members

London, United Kingdom, November 12, 2019 – Seadrill Partners LLC announces today that it has scheduled its 2019 Annual Meeting. Notice is hereby given that the Annual Meeting of Members will be held on December 19, 2019. Holders of common units at the close of business on November 22, 2019 will be entitled to vote at the meeting. The notice, agenda and associated material will be available on our website http://www.seadrillpartners.com on November 22, 2019. 

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Barsz Gowie Amon & Fultz will Merge in Rimmer & Jennings

MEDIA, Pa., Nov. 12, 2019 (GLOBE NEWSWIRE) — Barsz Gowie Amon & Fultz (BGA&F), a full-service accounting firm with offices throughout central and southeastern Pennsylvania, announced today that it has signed an agreement with Rimmer & Jennings (R&J), a CPA firm based in Delaware County, to merge.Following the transaction, which is expected to close by year-end, six members of the R&J team will relocate to BGA&F’s Media office and will bring BGA&F to a total of 45. Kevin Jennings will join the firm as a partner, while Ed Rimmer will stay on as a Director. R&J specializes in business and real estate venture consulting, accounting and auditing, with a focus on small businesses and individuals.“We are thrilled to welcome the Rimmer & Jennings team to the BGA&F family,” said William Gowie,...

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Crawford United Corporation Announces Third Quarter 2019 Results

CLEVELAND, Nov. 12, 2019 (GLOBE NEWSWIRE) — Crawford United Corporation (OTC: CRAWA), a diversified holding company engaged in specialty aerospace components, commercial air handling, and industrial hose business segments, today reported results for the three-month and nine-month periods ended September 30, 2019.For the quarter ended September 30, 2019, sales were $22.2 million compared with $19.8 million in the same period last year, an increase of 13%.  In this quarter, the Company recorded operating income of $2.6 million compared with operating income of $2.5 million in the same period last year, an increase of 4%. The increases in sales and operating income were the result of organic growth, primarily in the commercial air handling segment of the company.  Net income was $1.7 million, or $0.52 per fully diluted share, compared...

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