Day: November 14, 2019

WHEELING, W.Va., Nov. 14, 2019 (GLOBE NEWSWIRE) — WesBanco, Inc. (“WesBanco”) (Nasdaq:WSBC), a diversified, multi-state bank holding company to WesBanco Bank, Inc., and Old Line Bancshares, Inc. (“Old Line”) (Nasdaq:OLBK), the parent company of Old Line Bank, a Maryland-chartered trust company with the powers of a commercial bank, jointly announced today that they have received all necessary regulatory approvals for the pending merger between WesBanco and Old Line whereby WesBanco will acquire Old Line.On October 29, 2019, the stockholders of Old Line and the shareholders of WesBanco each approved the transaction at their respective special meetings. WesBanco and Old Line expect that the closing of the merger will occur on or about November 22, 2019, although completion of the merger remains subject to the satisfaction of customary...

BEIJING, Nov. 15, 2019 (GLOBE NEWSWIRE) — ChinaNet Online Holdings, Inc. (Nasdaq:CNET) (“ChinaNet” or the “Company”), a pioneering data-analysis platform in China harnessing blockchain as well as digital advertising and marketing technologies to serve SMEs and the franchise chain industry, today announced its unaudited financial results for the third quarter and first nine months of 2019.Recent DevelopmentsOn September 25, 2019, the Company closed the first half of a private placement with a select group of investors (the “Investors”) in accordance with the Securities Purchase Agreement, originally entered into by the Company and Investors on August 7, 2019. In connection with the closing, the Company issued 1,608,430 shares of common stock (the “Shares”) in consideration for approximately $2.4 million, representing...

HOUSTON, Nov. 14, 2019 (GLOBE NEWSWIRE) — U.S. Energy Corp. (NASDAQCM: USEG) (“We” “U.S. Energy” or the “Company”) today announced financial and operating results for the third quarter ended September 30, 2019. Third Quarter 2019 HighlightsProduction of 34,596 barrels of oil equivalent (“BOE”), or daily production of 376 barrels of oil equivalent per day (“BOEPD”) (82% oil);Oil and gas revenues of $1.6 million;Lease operating expenses of $0.4 million, or $11.85 per BOE;Production taxes of $0.1 million;Adjusted EBITDA of $0.2 million; andFree cash flow of $0.2 million.Current Liquidity PositionAs of November 12, 2019, we had $1.7 million in cash, no outstanding debt and 13,405,838 shares outstanding. The Company produced $0.2 million in free cash flow during the quarter ended September 30, 2019, which we define as net cash provided...

WILMINGTON, Del., Nov. 14, 2019 (GLOBE NEWSWIRE) — Navient (Nasdaq: NAVI), a leading education loan management and business processing solutions company, today announced that its board of directors approved a 2019 fourth quarter dividend of $0.16 per share on the company’s common stock.The fourth quarter 2019 dividend will be paid on Dec. 20, 2019, to shareholders of record at the close of business on Dec. 6, 2019.About NavientNavient (Nasdaq: NAVI) is a leader in education loan management and business processing solutions for education, healthcare and government clients at the federal, state and local levels. The company helps its clients and millions of Americans achieve financial success through services and support. Headquartered in Wilmington, Delaware, Navient also employs team members in western New York, northeastern Pennsylvania,...

BEIJING, Nov. 14, 2019 (GLOBE NEWSWIRE) — Yiren Digital Ltd. (NYSE: YRD) (“Yiren Digital” or the “Company”), a leading fintech company in China, today announced its unaudited financial results for the third quarter ended September 30, 2019.Third Quarter 2019 Operational HighlightsWealth Management—Yiren WealthCumulative number of investors served reached 2,200, 223, representing an increase of 0.7% from 2,185,513 in the second quarter of 2019 and compared to 2,042,607 in the third quarter of 2018. Number of active investors in the third quarter of 2019 was 586,333, representing a decrease of  13% from 671,957 in the second quarter of 2019. Total assets under management (“AUM”) for Yiren Wealth’s P2P products was RMB 40,191.7 million (US$ 5,623.0 million) as of September 30, 2019, representing a decrease of 7% from RMB  43,249.9 million...

SAN DIEGO, Nov. 14, 2019 (GLOBE NEWSWIRE) — Retrophin, Inc. (NASDAQ: RTRX) today announced that Eric Dube, Ph.D., chief executive officer, will present at the Jefferies 2019 London Healthcare Conference in London, UK on Thursday, November 21, 2019 at 12:40 p.m. GMT (7:40 a.m. ET).A live webcast of the presentation will be available at ir.retrophin.com/events and an archived replay will be accessible for up to 30 days.About RetrophinRetrophin is a biopharmaceutical company specializing in identifying, developing and delivering life-changing therapies to people living with rare disease. The Company’s approach centers on its pipeline featuring sparsentan, a product candidate in late-stage development for focal segmental glomerulosclerosis (FSGS) and IgA nephropathy (IgAN), rare disorders characterized by progressive scarring of the...

BEDFORD, Texas, Nov. 14, 2019 (GLOBE NEWSWIRE) — Legacy Housing Corporation (NASDAQ: LEGH) today announced its financial results for the third quarter ended September 30, 2019.  Financial Highlights:Revenue for the third quarter of 2019 was $41.9 million, compared to $40.5 million in the third quarter of 2018, an increase of $1.4 million or approximately 3.4%.Interest income was $5.7 million in the third quarter, an increase of 20% from the $4.8 million in interest income for the same period in 2018.The manufactured home park loan portfolio increased by $24.1 million to a total of $82.0 million, an increase of 42% from the end of 2018. The consumer loan portfolio increased to $103.1 million, inclusive of the allowance for loan loss and other discounts.  Manufactured home community sales were $16.9 million in the third quarter, a...

SALT LAKE CITY, Nov. 14, 2019 (GLOBE NEWSWIRE) — Predictive Technology Group, Inc. (OTC Pink: PRED) (“Predictive” or “The Company”), a leader in the development of genetic and molecular diagnostics and companion therapeutics, today announced financial results for the fiscal first quarter ended September 30, 2019 and provided a corporate update.Management Commentary“During our first fiscal quarter, we were able to sustain the momentum that carried us through fiscal 2019,” said Bradley C. Robinson, chief executive officer of Predictive Technology Group. “Total revenues for the quarter increased 2.5% year-over-year to $8.3 million, despite the difficult comparison driven by strong sales of human cell and tissue products (HCT/Ps) in the year-ago period.“Since our last quarterly update, we successfully launched three new DNA-based test...

          First full quarter with AVOD business Crackle Plus drives record top line resultsCOS COB, Conn., Nov. 14, 2019 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE), a growing media company building advertising-supported video-on-demand (AVOD) networks and a provider of video content for all screens, today announced its financial results for the third quarter ended September 30, 2019.Third Quarter 2019 Financial HighlightsTotal revenue of $17.0 million, compared to $6.6 million in the year-ago periodNet loss of $13.3 million; with a net loss of $12.4 million before preferred dividends, compared to a net loss of $0.2 million in the year-ago period and a net income of $0.2 million before preferred dividendsAdjusted EBITDA was a loss of $0.4 million, compared to positive adjusted EBITDA of $3.4 million...

TORONTO, Nov. 14, 2019 (GLOBE NEWSWIRE) — Venus Concept Inc. (“Venus Concept” or the “Company”) (NASDAQ: VERO), a global medical aesthetic technology leader, provided standalone Venus Concept, Ltd. financial results for the third quarter and nine months ended September 30, 2019. The Company notes that the financial results provided do not give effect to the merger that closed on November 7, 2019 as described below. The information in this press release reflects the unaudited financial information for the three and nine months ended September 30, 2019 and September 30, 2018.Third Quarter 2019 Summary:Third quarter total revenue increased 2.2% year-over-year, to $26.2 million, compared to $25.6 million in third quarter 2018.Lease revenue1 (subscriptions) decreased 8.1% year-over-year to $16.4 million.System revenue2 increased 16.8%...