Day: December 17, 2019

ALBANY, N.Y., Dec. 17, 2019 (GLOBE NEWSWIRE) — Trans World Entertainment Corporation (Nasdaq: TWMC) today reported financial results for its third quarter ended November 2, 2019.Third Quarter Overview – ConsolidatedTotal revenue decreased 24.5% to $69.5 million compared to $92.0 million in the third quarter of fiscal 2018. Loss from operations was $22.9 million compared to a loss from operations of $13.8 million for the third quarter of fiscal 2018.Net loss was $23.2 million, or $12.73 per share, for the 13 weeks ended November 2, 2019, compared to a net loss of $14.1 million, or $7.74 per share, for the same period last year (see note 1). Included in the third quarter 2019 operating results were non-cash charges due to impairment of certain long lived assets in the amount of $16.0 million.    Adjusted...

FARMERS BRANCH, Texas, Dec. 17, 2019 (GLOBE NEWSWIRE) — ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today reported its financial results for the three- and 12-month periods ended September 30, 2019.Fiscal 2019 Full-Year Financial and Business HighlightsSales of $55.1 million, up 101% (excluding Cable Segment results in 2018)Results include $1.8 million in inventory-related and acquisition integration chargesExcluding these charges, the Company achieved its second consecutive quarter of positive Adjusted EBITDALoss from continuing operations narrowed $1.8 million to $4.0 millionExceptional growth in revenue and EBITDA of Nave CommunicationsCompleted the move into a new, larger and more efficient facility for Triton DatacomAcquired and integrated Fulton Technologies,...

Operating margin increased 290 basis points to 7.9%; EPS improved 48% to $0.46Revenue grew 6% to $955 million, driven by strong organic growth in the AmericasEMEA delivers $7 million improvement in operating income and is profitable for the fiscal year to dateCompany projects fiscal year 2020 revenue of $3.7 billion and EPS of $1.41 to $1.45GRAND RAPIDS, Mich., Dec. 17, 2019 (GLOBE NEWSWIRE) — Steelcase Inc. (NYSE: SCS) today reported third quarter revenue of $955.2 million and net income of $54.9 million, or diluted earnings of $0.46 per share.  In the prior year, Steelcase reported $901.0 million of revenue and net income of $37.3 million, or diluted earnings of $0.31 per share and adjusted earnings of $0.36 per share.Revenue increased 6 percent in the third quarter compared to the prior year, reflecting strong growth in...

Press releaseSaint-Herblain, 17 December 2019Fiscal Year 2018-2019: significantly improved earningsCurrent operating income: +29%Net income: +29%LACROIX Group (LACR – FR0000066607), an international technological equipment supplier, has released its results for fiscal year 2018-2019 (period running from 1 October 2018 to 30 September 2019).The consolidated financial statements have been audited and the certification report will be issued once the management report has been checked for the purpose of publishing the annual financial report.(1) For fiscal year 2018-2019, Lacroix Group elected to change its accounting presentation method by reclassifying the CVAE (corporate value-added tax), which amounted to €1.1m in 2018, from operating expenses to income tax. For a better comparison, this reclassification was also carried...

 Communiqué de presseSaint-Herblain, le 17 Décembre 2019 Exercice 2018-2019 : des résultats en forte progression     Résultat opérationnel courant : +29%           Résultat net : +29%LACROIX Group (LACR – FR0000066607), équipementier technologique international, présente ses résultats de l’exercice 2018-2019 (période du 1er octobre 2018 au 30 septembre 2019).Les procédures d’audit sur les comptes consolidés ont été effectuées. Le rapport de certification sera émis après vérification du rapport de gestion pour publication du rapport financier annuel.(1) Au titre de l’exercice 2018-2019, Lacroix Group a décidé...