Month: February 2020

Consolidated revenues were $677 million for the fourth quarter of 2019, up 10.2%, and up 5.4% on an organic constant currency (OCC) basis.Net income was $132 million for the fourth quarter of 2019, down 9.6%. Adjusted EBITDA, a non-GAAP measure, was $319 million, up 10.3%, and up 9.0% on an OCC basis.Diluted GAAP earnings per share (GAAP EPS) were $0.80 for the fourth quarter of 2019. Diluted adjusted earnings per share (adjusted EPS), a non-GAAP measure, were $1.13.Net cash provided by operating activities was $176 million for the fourth quarter of 2019, up 1.7%. Free cash flow, a non-GAAP measure, was $112 million, up 16.0%.The company paid a cash dividend of 25 cents per share on December 31, 2019. The company’s Board of Directors has approved an increase in our cash dividend to 27 cents per share payable on March 31, 2020.The company...

U.S. FDA Special Protocol Assessment agreement for a single pivotal Phase 3 clinical trial (PRECISION-AF) of genetically-targeted GencaroPRECISION-AF clinical trial initiation anticipated fourth quarter of 2020Trial to evaluate Gencaro as a potential treatment for prevention of atrial fibrillation in a heart failure population for which there are no FDA indicated drug therapiesWESTMINSTER, Colo., Feb. 18, 2020 (GLOBE NEWSWIRE) — ARCA biopharma, Inc. (Nasdaq: ABIO), a biopharmaceutical company applying a precision medicine approach to developing genetically-targeted therapies for cardiovascular diseases, today reported financial results for the year ended December 31, 2019 and provided a corporate update.Dr. Michael Bristow, ARCA’s President and Chief Executive Officer, commented, “During 2019, we continued to advance development...

CAMBRIDGE, Mass., Feb. 18, 2020 (GLOBE NEWSWIRE) — CarGurus, (Nasdaq: CARG) a leading automotive marketplace, today announced it received “Top Rated” Awards for both New Car and Used Car Advertising in the tenth annual DrivingSales Dealer Satisfaction Awards. CarGurus received a top dealer satisfaction ranking in both the new and used car leads categories, as determined by the thousands of auto dealers who are part of the DrivingSales.com community. “For the fifth consecutive year, CarGurus is proud to have won Dealer Satisfaction Awards for both our new and used car advertising products,” said Ashley Karr, Vice President of B2B Marketing at CarGurus. “This is a tremendous honor and we will strive to continue to earn the trust of the DrivingSales community as we find ways to help improve dealerships’ businesses.”CarGurus...

LIVERMORE, Calif., Feb. 18, 2020 (GLOBE NEWSWIRE) — To address the wafer test challenges of 2.5/3D advanced packaging technologies, FormFactor, Inc. (NASDAQ:FORM), a leading semiconductor test and measurement supplier, today introduced the Altius™ vertical MEMS probe card. Altius supports ultra-low force probing at 45 µm grid-array contact pitch, with a scalable roadmap for future IC package pitch reduction. It enables cost-effective wafer or die test of a variety of components in a heterogenous integrated system, from validating at-speed performance of high bandwidth memory (HBM), to ensuring the integrity of high-density interconnects such as silicon interposers and embedded bridges.  Adoption of advanced packaging is accelerating as the benefit of the classic Moore’s Law transistor shrink diminishes. Advanced packages enable...

Denver, CO, Feb. 18, 2020 (GLOBE NEWSWIRE) — Intrepid Potash Inc. (NYSE: IPI) plans to release its fourth quarter 2019 financial results on Monday, March 2, 2020, after the market closes. Intrepid will host a conference call on Tuesday March 3, 2020 at 10:00 a.m. Eastern Time to discuss the results and other operating and financial matters and to answer investor questions.Management invites you to listen to the conference call by using the dial-in number 1-800-319-4610 from the U.S. and Canada, or +1-631-891-4304 from other countries. The call will also be streamed live on Intrepid’s website, intrepidpotash.com.A recording of the conference call will be available approximately two hours after the completion of the call at intrepidpotash.com or by dialing 1-800-319-6413 from the U.S. and Canada, or +1-631-883-6842 from other...

TORONTO, Feb. 18, 2020 (GLOBE NEWSWIRE) — CCL Industries Inc., a world leader in specialty label, security and packaging solutions for global corporations, government institutions, small businesses and consumers, announced today it has acquired Clinical Systems, Inc (“CSI”), a specialized provider to the United States clinical trials industry. CSI, based in Garden City, New York produces labels, including specialized patient information booklets and has developed a new software driven “eLabel” solution for clinical trials providers. The enterprise value of the transaction, net of cash and debt, is approximately $19.4 million. Sales for the twelve months ending December 31, 2019, are approximately $14.4 million with an estimated adjusted EBITDA of $3.5 million. CSI will be integrated into CCL Label’s Healthcare & Specialty operations...

VANCOUVER, British Columbia, Feb. 18, 2020 (GLOBE NEWSWIRE) — NuLegacy Gold Corporation reports on the winter 2019 exploration program on its flagship 108 sq. km Red Hill gold property in the Cortez gold trend of Nevada.The winter program consisted of five core holes totalling 2,230 meters (~7,300 ft) on both flanks of the Rift Anticline target and a CSAMT survey over the Rift Anticline. Four holes were drilled on the eastern flank of the Rift Anticline, including two at Western Slope and two at the Serena Offset targets, with one incompletion on the western flank in the 4Mile Look-a-like target.Hole WS19-02, drilled on the eastern flank of the Rift Anticline1, returned a high-grade interval grading 9.6 grams/ton gold over 5.2 meters starting at 353 meters (with an internal spike to 25 grams/ton gold) within 27.1 meters of the strongly...

HOFFMAN ESTATES, Ill., Feb. 18, 2020 (GLOBE NEWSWIRE) — CDK Global, Inc. (Nasdaq:CDK) has declared a regular quarterly cash dividend of $0.15 per share payable on March 30, 2020 to shareholders of record at the close of business on March 2, 2020.About CDK GlobalWith $2 billion in revenues, CDK Global (Nasdaq: CDK) is a leading global provider of integrated information technology solutions to the automotive retail and adjacent industries. Focused on enabling end-to-end automotive commerce, CDK Global provides solutions to dealers in more than 100 countries around the world, serving approximately 30,000 retail locations and most automotive manufacturers. CDK solutions automate and integrate all parts of the dealership and buying process, including the acquisition, sale, financing, insuring, parts supply, repair and maintenance of...

SANTA CLARA, Calif., Feb. 18, 2020 (GLOBE NEWSWIRE) — NVIDIA will present at the following event for the financial community:Morgan Stanley Technology, Media and Telecommunications ConferenceMonday, March 2, at 11:45 a.m. Pacific timeInterested parties can listen to the live audio webcast of NVIDIA’s presentation at this event, available at investor.nvidia.com. Replay of the webcast will be available for 90 days afterward.About NVIDIA NVIDIA’s (NASDAQ: NVDA) invention of the GPU in 1999 sparked the growth of the PC gaming market, redefined modern computer graphics and revolutionized parallel computing. More recently, GPU deep learning ignited modern AI — the next era of computing — with the GPU acting as the brain of computers, robots and self-driving cars that can perceive and understand the world. More information at http://nvidianews.nvidia.com/....

EDINBURG, Va., Feb. 18, 2020 (GLOBE NEWSWIRE) — Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) will release its fourth quarter 2019 financial results after the market closes on Wednesday, February 26, 2020 and will host a conference call and simultaneous webcast at 8:30 a.m. Eastern Time on Thursday, February 27, 2020.Date: February 27, 2020Time: 8:30 AM ETListen via Internet: http://investor.shentel.com/Telephone: (888) 695-7639Password: 249 38 17A telephonic replay of the conference call will also be available starting two hours after the completion of the call until March 31, 2020. Callers in the United States should call (855) 859-2056 and enter pass code 249 38 17.About Shenandoah TelecommunicationsShenandoah Telecommunications Company (Shentel) provides a broad range of diversified communications services through...