Day: November 14, 2019
THE COLONY, Texas, Nov. 14, 2019 (GLOBE NEWSWIRE) — Quest Resource Holding Corporation (NASDAQ: QRHC) (“Quest”), a national leader in environmental reuse, recycling, and waste disposal services, today announced financial results for the third quarter ended September 30, 2019.Third Quarter 2019 HighlightsRevenue was $23.9 million, a 7.7% decrease compared with the third quarter of 2018.Gross profit was $4.8 million, a 6.7% increase compared with the third quarter of 2018.Gross margin increased 270 basis points to 19.9% compared with 17.2% of revenue for the third quarter of 2018.Net income per share was $0.00, an improvement compared with a net loss per share of $(0.04) during the third quarter of 2018. Adjusted EBITDA was $860,000, a 27.5% increase compared with the third quarter of 2018.September 30, 2019 Year-to-Date...
Highwoods Closes $436 Million Acquisition of Bank of America Tower at Legacy Union in CBD Charlotte
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RALEIGH, N.C., Nov. 14, 2019 (GLOBE NEWSWIRE) — Highwoods Properties, Inc. (NYSE:HIW) has closed the acquisition of Bank of America Tower at Legacy Union in the heart of Charlotte’s dynamic Uptown CBD submarket for a total investment of $436 million. Bank of America Tower at Legacy Union is a trophy, LEED gold-registered office building encompassing 841,000 square feet with structured parking that delivered this year. Bank of America Tower at Legacy Union is currently 90% leased.The Company funded the acquisition with available cash and borrowings under its unsecured revolving credit facility, which currently bears interest at LIBOR plus 100 basis points.As previously disclosed, the Company has a two-phased plan to exit the Greensboro and Memphis markets. The first phase consists of selling a select portfolio of assets in Greensboro...
nLIGHT Expands Offerings to Directed Energy Market with Acquisition of Nutronics
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VANCOUVER, Wash., Nov. 14, 2019 (GLOBE NEWSWIRE) — nLIGHT, Inc. (Nasdaq: LASR) today announced the completion of the acquisition of privately held Nutronics, Inc. for $17.5 million in cash and $15.8 million of restricted stock units (RSUs) that will be issued as part of ongoing employment agreements. Nutronics is a leading developer of coherently combined lasers and beam control systems for high-energy laser (HEL) systems serving the defense market. Based in Longmont, Colorado, Nutronics was founded in 1995, and currently has 32 full-time employees.“The acquisition of Nutronics complements nLIGHT’s current directed energy offerings, opening a significantly larger portion of the technology value stack in this attractive growth market,” commented Scott Keeney, nLIGHT’s President and Chief Executive Officer. “With the addition of Nutronics,...
Saker Aviation Services, Inc. Announces Financial Results for the Nine Months Ended September 30, 2019
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Revenue of $8.6 Million in 2019 Up 4.6% Versus $8.2 Million in 2018Net Income of $556,000 in 2019 Up 177.9% Versus $200,000 in 2018NEW YORK, Nov. 14, 2019 (GLOBE NEWSWIRE) — Saker Aviation Services, Inc. (OTCQB:SKAS), an aviation services company specializing in ground-based services to the general aviation marketplace, today announced its financial results for the three and nine months ended September 30, 2019.Revenue in the nine months ended September 30, 2019 of $8,618,883, was up 4.6 percent from $8,236,353 in the same period in 2018. Net income in the nine months ended September 30, 2019 of $556,407, was up 177.9 percent as compared to $200,199 in the nine months ended September 30, 2018. “We are pleased to post another quarter in 2019 that shows improvement as compared to 2018.” stated Ron Ricciardi, the Company’s president...
Chanticleer Holdings Reports Operating Results for the Quarter Ended September 30, 2019 and the first nine months of 2019
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CHARLOTTE, N.C., Nov. 14, 2019 (GLOBE NEWSWIRE) — Chanticleer Holdings, Inc. (NASDAQ: BURG) (“Chanticleer,” or the “Company”), owner, operator and franchisor of multiple branded restaurants in the U.S. and abroad, today announced financial results for the quarter ended September 30, 2019.Financial Highlights for the Quarter Ended September 30, 2019 and for the first nine months of 2019Revenue was $9.7 million in the third quarter of 2019 compared with $10.1 million in the third quarter of 2018. Revenue was $30.6 million in the first nine months of 2019 compared with $30.5 million in the first nine months of 2018. Cost of sales as a percentage of restaurant sales increased to 33.6% in the third quarter of 2019 compared to 33.1% in the third quarter of 2018. Cost of sales as a percentage of restaurant sales was 33.5% in the first...
PURA – Puration Closes European Acquisition To Bottle CBD Beverages Locally
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DALLAS, Nov. 14, 2019 (GLOBE NEWSWIRE) — via OTC PR WIRE — Puration, Inc. (USOTC: PURA) today announced finalizing the acquisition of a German company that will enable PURA to bottle its CBD beverages locally for distribution throughout the European market. The acquisition was driven by PURA recently signing a distribution agreement in Europe for its EVERx CBD Sports Water with other CBD infused beverages to follow. The initial European distribution agreement is estimated to add $4 million in sales next year. Management indicates that the potential of European distribution beyond the initial $4 million projection warrants the establishment of a local bottling capacity. The European market for CBD is projected to reach nearly US $17 billion by 2023. The bottling expansion in Europe is part of a bigger plan to expand bottling...
Vislink Technologies Reports Q3 2019 Financial Results
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HACKETTSTOWN, NJ, Nov. 14, 2019 (GLOBE NEWSWIRE) — Vislink Technologies, Inc. (“Vislink” or the “Company”) (Nasdaq: VISL), whose brands are recognized as the global leaders in live video communications, announced its results for the third quarter ended September 30, 2019. The Company has issued a Corporate Update that includes a review of the financial results and news regarding recent corporate developments (more information below).Recent Company Highlights:Was awarded a $2.8 million U.S. Army contract for handheld intelligence, surveillance and reconnaissance (ISR) receiver devices. Subsequent to the end of the third quarter, the Company announced it had completed the first delivery against the contract.Received orders valued at $1.6 million from global clients for satellite communications equipment.Was awarded a Basic Ordering...
Silver Bear Files Q3 2019 Financial Results
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TORONTO, Nov. 14, 2019 (GLOBE NEWSWIRE) — Silver Bear Resources Plc (“Silver Bear” or the “Group”) (TSX: SBR) announces the filing of its interim financial results for the three and nine-month periods ended September 30, 2019 today, including development highlights from its Mangazeisky silver project in Far East Russia.For complete details of the unaudited Interim Consolidated Financial Statements and associated Management’s Discussion and Analysis please refer to the Group’s filings on SEDAR (www.sedar.com) or the Group’s website (www.silverbearresources.com).HighlightsFor the three and nine-month periods ending September 30, 2019, and thereafter:Full commercial production achieved starting July 1, 2019;President and CEO of Silver Bear Resources – Vadim Ilchuk – officially opens the Group’s Vertikalny Mine at the fifth annual Eastern...
Theratechnologies’ CFO to Attend Stifel Healthcare Conference in New York City
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MONTREAL, Nov. 14, 2019 (GLOBE NEWSWIRE) — Theratechnologies Inc. (Theratechnologies) (TSX: TH), a commercial-stage biopharmaceutical company, is pleased to announce that Philippe Dubuc, Senior Vice President and Chief Financial Officer, will attend the Stifel Healthcare Conference which will be held in New York City on November 19th, 2019. Mr. Dubuc will hold several meetings with representatives from various investment firms to discuss the latest developments announced by the Company including the approval of Trogarzo® in Europe by the European Commission and the publication of clinical trial results in the Lancet HIV on the effects of tesamorelin on Non-alcoholic Fatty Liver Disease (NAFLD) in people living with HIV.About TheratechnologiesTheratechnologies (TSX: TH) (NASDAQ: THTX) is a commercial-stage biopharmaceutical company...
Le chef de la direction financière de Theratechnologies assistera au Stifel Healthcare Conference à New York
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MONTRÉAL, 14 nov. 2019 (GLOBE NEWSWIRE) — Theratechnologies Inc. (Theratechnologies) (TSX: TH), une société biopharmaceutique commerciale, est heureuse d’annoncer que Philippe Dubuc, vice-président sénior et chef de la direction financière assistera au Stifel Healthcare Conference qui aura lieu à New York le 19 novembre 2019.M. Dubuc tiendra plusieurs rencontres avec des représentants de firmes d’investissement afin de discuter des derniers développements au sein de la Compagnie notamment l’autorisation de commercialisation de TrogarzoMD en Europe et la publication des résultats d’une étude clinique sur les effets de la tésamoréline sur la stéatose hépatique non-alcoolique (NAFLD) chez les personnes vivant avec le VIH. À propos de TheratechnologiesTheratechnologies (TSX : TH) (NASDAQ : THTX) est une société biopharmaceutique commerciale...