Day: November 25, 2019

Navios Maritime Holdings Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2019

Written by Customer Service on November 25, 2019. Posted in Earnings Releases And Operating Results.

Revenue$363.6 million for 9M 2019$141.6 million for Q3 2019Cash from operating activities$80.8 million for 9M 2019$38.1 million for Q3 2019Adjusted EBITDA (a non-GAAP measure)$233.2 million for 9M 2019$98.8 million for Q3 2019Fleet renewal (2017-2019YTD)26% decrease in average age8% increase in dwt capacityLiquidation of Navios Europe I$13.1 million receivable as of September 30, 2019Liquidation expected to occur by 2019 YEMONACO, Nov. 25, 2019 (GLOBE NEWSWIRE) — Navios Maritime Holdings Inc. (“Navios Holdings” or “the Company”) (NYSE: NM), a global seaborne shipping and logistics company, today reported financial results for the third quarter and nine month period ended September 30, 2019.Angeliki Frangou, Chairman and Chief Executive Officer, stated, “I am pleased with the results of the third quarter of 2019. We reported revenue...

MJardin Group Announces Third Quarter 2019 Financial Results

Written by Customer Service on November 25, 2019. Posted in Earnings Releases And Operating Results.

DENVER and TORONTO, Nov. 25, 2019 (GLOBE NEWSWIRE) — MJardin Group, Inc. (“MJardin” or “the Company”) (CSE: MJAR) (OTCQX: MJARF), a leader in premium cannabis production, today announced its financial and operating results for the three and nine-month periods ending September 30, 2019. All amounts are expressed in Canadian dollars unless otherwise indicated.Q3 and YTD 2019 Highlights:Revenue of $7.6 million, includes $0.8M contribution from Cheyenne since acquisition date;Generated positive Adjusted EBITDA of $0.5 million;Sequential revenue growth from AMI facility of 47% compared to the prior quarter;Improved efficiencies by reducing corporate overhead by 45%;Announced first EU Supply agreement from the AMI facility for 250 KG a month beginning in the first quarter of 2020;Submitted application to Health Canada for a cultivation...

Cannabis Strategic Ventures Reports Q2 Results: Revenues Up 1,317% to Over $700K

Written by Customer Service on November 25, 2019. Posted in Earnings Releases And Operating Results.

LOS ANGELES, Nov. 25, 2019 (GLOBE NEWSWIRE) — via NetworkWire – Cannabis Strategic Ventures (OTCQB:NUGS), an emerging leader in the U.S. cannabis marketplace, reports financial results for the second quarter which ended Sept. 30, 2019.“Q2 ushered in a new standard across all top-line metrics and we expect to continue expanding on this growth through Q3 and beyond,” commented Simon Yu, CEO, Cannabis Strategic Ventures. “Over the last two years, we have secured and invested capital to help drive revenue and substantially increase the Company’s total assets while improving gross profit margins. We expect continued growth to the top-line along with a declining drop in net losses next year.”Second Quarter 2019 Financial HighlightsConsolidated quarterly revenue growth of 1,317% to $707K compared to the same period last year.Cash and cash...

Artelo Biosciences Reports Fourth Quarter and Fiscal Year 2019 Financial Results and Provides Business Update

Written by Customer Service on November 25, 2019. Posted in Earnings Releases And Operating Results.

LA JOLLA, Calif., Nov. 25, 2019 (GLOBE NEWSWIRE) — Artelo Biosciences, Inc. (NASDAQ: ARTL), a clinical stage biopharmaceutical company focused on the development of therapeutics that modulate the endocannabinoid system, today reported financial and operating results for the fourth quarter and fiscal year ended August 31, 2019 and provided a business update.“We continue to advance our clinical stage and non-clinical pipeline while adding critical functions to execute on our product development and business strategies,” stated Gregory D. Gorgas, Artelo’s President and Chief Executive Officer. “We have made important progress in our readiness to initiate a Phase 1b/2a study in the United Kingdom with ART27.13, our synthetic cannabinoid for the treatment of anorexia and weight loss associated with cancer. We held a productive meeting...

Quik-Pak Acquires Wafer-Preparation Firm QBBS

Written by Customer Service on November 25, 2019. Posted in Mergers And Acquisitions.

SAN DIEGO, Calif., Nov. 25, 2019 (GLOBE NEWSWIRE) — Quik-Pak, a provider of innovative microelectronic packaging and assembly solutions, today announced it has acquired Santa Clara-based QBBS to broaden its portfolio of wafer-preparation services. The addition of QBBS’s automated backgrinding capability will enable Quik-Pak to process customer wafers in larger volumes. The deal was finalized on November 1, and Quik-Pak will integrate the QBBS technology into its wafer prep line in early January.The QBBS technology will allow Quik-Pak to perform automated, volume backgrinding of a cassette containing up to 25 whole wafers, from 100mm to 200mm (4 to 8 inches) in diameter, as well as partial wafers and 300mm (12-inch) quartered wafers. Quik-Pak will continue to offer its existing backgrinding services, including thinning wafers as...

NTR Holding A/S: Delårsrapport for 3. kvartal 2019

Written by Customer Service on November 25, 2019. Posted in Earnings Releases And Operating Results.

Selskabsmeddelelse nr. 6 – 2019København, den 25. november 2019Omsætningen i perioden 1. januar 2019 – 30. september 2019 udgør DKK 65,1 mio. (DKK 64,0 mio. i samme periode i 2018) Koncernens resultat af fortsættende aktiviteter før skat udviser et overskud på DKK 6,7 mio. (DKK 5,6 mio. i samme periode i 2018), hvilket er højere end forventet ved regnskabsårets start. Egenkapitalen udgør DKK 129,4 mio., svarende til en indre værdi pr. aktie på DKK 52,3. NTR Holding koncernen forventer i 2019 en omsætning i niveauet DKK 85 mio. mod tidligere DKK 80 mio. Der forventes nu et resultat af fortsættende aktiviteter før skat på noget over DKK 7 mio. mod tidligere DKK 5-7 mio. For yderligere information kontakt:Ole Mikkelsen, direktør, e-mail: om@ntr.dk, mobil: +45 30 66 96 30Vedhæftet fil2019 Q3

Exercise of warrants in Better Collective A/S; Board of Directors issues 115,280 new ordinary shares

Written by Customer Service on November 25, 2019. Posted in Public Companies.

Regulatory release 33/2019In the exercise window which opened on 7 November 2019 following Better Collective’s Q3 report and closed on22 November 2019, 22 employees have informed the company that they wish to exercise in total 115,280 warrants under the 2017 warrant program.The 2017 warrant program was established prior to the company’s IPO and the warrants were issued in 2017 and 2018. Reference is made to schedule 2 of the company’s articles of association for detailed terms of conditions of the warrants.As of 25 November 2019, 959,644 warrants remain outstanding (excluding the warrants exercised following the Q3 report) under the 2017 warrant program, all with rights to subscribe for 1 ordinary share in Better Collective A/S against payment of an exercise price of DKK 12.962962 per warrant.Today Better Collective’s board of directors...

Vincit Oyj: Vincit lanseeraa Planet Centric Design -mallin vauhdittamaan kestävän kehityksen mukaisiin liiketoimintamalleihin siirtymistä

Written by Customer Service on November 25, 2019. Posted in Public Companies.

Vincit OyjLehdistötiedote 25.11.2019 kello 14:30Vincit lanseeraa Planet Centric Design -mallin vauhdittamaan kestävän kehityksen mukaisiin liiketoimintamalleihin siirtymistäNykyiset liiketoimintamallit ovat ristiriidassa planeettamme tarpeiden kanssa, eikä maailmanlaajuisten ympäristökriisien pysäyttämiseksi ole tehty tarpeeksi. Organisaatioiden edessä on taistelu, joka on pakko voittaa: on siirryttävä ympäristölähtöisiin liiketoimintamalleihin ja ratkottava muutoksen mukanaan tuomia kompleksisia haasteita.Jotta voimme vauhdittaa kestävän kehityksen mukaiseen liiketoimintaan siirtymistä, täytyy meidän ensin päivittää ajatteluamme. Huomisen planeettalähtöistä teknologiaa täytyy suunnitella ja kehittää uusilla ehdoilla. Planet Centric Design tarjoaa työkaluja tavoittelemisen arvoisen tulevaisuuden yhteiskehittämiseen. Kestävän digitalisaation...

Ilkka-Yhtymä Oyj: Johdon liiketoimet

Written by Customer Service on November 25, 2019. Posted in Public Companies.

Ilkka-Yhtymä Oyj Johtohenkilöiden liiketoimet, 25.11.2019 klo 14.30IlmoitusvelvollinenNimi: Järvi-Laturi HeikkiAsema: Hallintoneuvoston jäsenLiikkeeseenlaskija: Ilkka Yhtymä OyjLEI: 743700KMZL7E8PLI5X73Liiketoimen päivämäärä: 2019-11-22Kauppapaikka: NASDAQ HELSINKI LTD (XHEL)Instrumenttityyppi: OSAKEISIN: FI0009800205Liiketoimen luonne: LUOVUTUS(X) Liiketoimi on toteutettu henkivakuutuksen yhteydessä

VOSTOK NEW VENTURES LTD INCREASES ITS OUTSTANDING BOND LOAN BY SEK 100 MILLION

Written by Customer Service on November 25, 2019. Posted in Public Companies.

Stockholm, Nov. 25, 2019 (GLOBE NEWSWIRE) —Following the subsequent issue, the total amount outstanding under the Company’s bond loan will be SEK 650 million. The settlement date of the new bonds is set to November 28, 2019 and the proceeds from the subsequent issue will be used for general corporate purposes. The bond loan, including the subsequent issue, will be listed on Nasdaq Stockholm on or about December 3, 2019.Pareto Securities AB acted as sole bookrunner in conjunction with the subsequent issue and Gernandt & Danielsson Advokatbyrå acted as legal advisor.For additional information, please contact:Björn von Sivers, Investor Relations: +46 (0)8-545 015 50The information was submitted for publication, through the agency of the contact person set out above, at 13:30 CET on November 25, 2019.Vostok New Ventures Ltd is...

Day: November 25, 2019

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