Month: February 2020

Digipath Announces Results for the Fiscal First Quarter 2020, Revenues Grow 26%

Written by Customer Service on February 18, 2020. Posted in Public Companies.

Gross Profit Also Increases 150% Year Over YearLAS VEGAS, NV, Feb. 18, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Digipath, Inc. (OTCQB: DIGP) (“DIGP” or the “Company”), a service-oriented independent analytical testing laboratory, data analytics and technology firm focused on the cannabis and hemp markets, today announced results for the three months ended December 31, 2019, which includes a 26% increase in revenue to $808,930 for the first quarter of 2020, compared to $642,115 in the first quarter of 2019, and gross profit of $403,449, which rose approximately 152% over the comparative quarter in 2019.First Fiscal Quarter 2020 Company HighlightsThe Company made continued progress on the development of our SabIR device, which is our fully-integrated NIR spectrometer that will enable instant field testing for THC, CBD and...

Adesto® and MikroElektronika Introduce mikroBUS- compatible FT Click to Speed Industrial IoT Development

Written by Customer Service on February 18, 2020. Posted in Public Companies.

SANTA CLARA, Calif., Feb. 18, 2020 (GLOBE NEWSWIRE) — Adesto Technologies Corporation (NASDAQ: IOTS), a leading provider of innovative application-specific semiconductors and systems for the Internet of Things (IoT), and MikroElektronika (Mikroe), an embedded systems designer, producer and retailer, announce availability of a new Click board that uses Adesto’s FT 6050 Smart Transceiver SoC. The plug-and-play FT Click provides a universally accepted interface via a mikroBUS™ socket to nearly any embedded IoT ecosystem so that engineers, developers, and makers can readily prototype thousands of different IoT applications.FT Click enables developers to evaluate the flexibility and capabilities of Adesto’s FT 6050 SoC, which is designed to modernize and simplify sensor, automation and control networks by using multi-drop twisted pair...

Resources Global Services Group (RGSG) announces progress surrounding RGS GLOBAL land parcel (SIEM REAP)

Written by Customer Service on February 18, 2020. Posted in Public Companies.

BRISBANE, Australia, Feb. 19, 2020 (GLOBE NEWSWIRE) — Resources Global Services Group (OTC Pink: RGSG) (the “Company”), announced a colossal momentum of substantial infrastructure development and planning by international organisations around the parcel of land acquired in Siem Reap, Cambodia, via a joint partnership with RGS Global. The international organisations and Global Brand Leaders from Europe and United States are on an “unstoppable path” to establish Siem Reap as a prominent tourist attraction, in North Western Cambodia.The land parcels that have been acquired, earmarked for the future development of hospitality and entertainment facilities targeted at the tourists and the local affluent society, is strategically located in the tourism corridor of the Master Plan. In September 2019, the Ministry of Tourism announced...

Kannalife Bolsters its Global Intellectual Property Portfolio with New Chinese-Issued Patent

Written by Customer Service on February 18, 2020. Posted in Public Companies.

DOYLESTOWN, Pa., Feb. 18, 2020 (GLOBE NEWSWIRE) — Kannalife, Inc. (“Kannalife” or the “Company”) (OTCQB: KLFE), a biopharmaceutical company specializing in the research and development of cannabinoid therapeutics, announced today that China has issued the Company, Chinese Patent CN106456573B (the “Patent”) specific to “Novel Functionalized 1,3-Benzene Diols and their Method of Use for the Treatment of Hepatic Encephalopathy,” which further bolsters the Company’s global patent portfolio of cannabidiol (CBD)-like molecules. The Company anticipates receipt of patent grants from the EU and Australia sometime during the first and second quarters of 2020.Kannalife’s intellectual property estate of CBD-like molecules (“KLS Family”), which is led by KLS-13019, are capable of acting as neuroprotective agents and have the potential to treat...

Neovasc to Participate in SVB Leerink 9th Annual Global Healthcare Conference on February 26, 2020

Written by Customer Service on February 18, 2020. Posted in Public Companies.

VANCOUVER, Feb. 18, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Neovasc, Inc. (“Neovasc” or the “Company”) (NASDAQ, TSX: NVCN), a leader in the development of minimally invasive transcatheter mitral valve replacement technologies and in the development of minimally invasive devices for the treatment of refractory angina, today announced that Fred Colen, CEO of Neovasc, will be participating in the SVB Leerink 9th Annual Global Healthcare Conference on Wednesday, February 26, 2020 in New York City. Mr. Colen’s presentation will take place at 3:00 p.m. EST.A link to the live webcast of the presentation will be available online from the investor relations section of the Neovasc website at https://www.neovasc.com/investors/A replay of the webcast will be accessible through the Neovasc investor relations...

AMD EPYC™ Cloud Adoption Grows with Google Cloud

Written by Customer Service on February 18, 2020. Posted in Public Companies.

SANTA CLARA, Calif., Feb. 18, 2020 (GLOBE NEWSWIRE) — AMD (NASDAQ: AMD) and Google Cloud today announced the beta availability of N2D VMs on Google Compute Engine powered by 2nd Gen AMD EPYC™ processors. The N2D family of VMs is a great option for customers running general purpose and high-performance workloads requiring a balance of compute and memory.N2D VMs are designed to provide customers with:High-performance 2nd Gen AMD EPYC processors that provide greater flexibility for customers to choose the best VM for their workload and up to a 39% performance improvement on the Coremark benchmark versus comparable N1 instances while offering a savings of up to 13% over comparable N-series instances,128 and 224 vCPUs configuration options that offer up to 70% higher platform memory bandwidth compared to existing comparable VMs in the...

Performance Shipping Inc. Announces Agreement to Acquire an Aframax Tanker Vessel

Written by Customer Service on February 18, 2020. Posted in Mergers And Acquisitions.

ATHENS, Greece, Feb. 18, 2020 (GLOBE NEWSWIRE) — Performance Shipping Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to purchase a 2007 built Aframax tanker vessel, the M/T FSL Shanghai, from an unaffiliated third party seller for a total purchase price of US$26.0 million. The vessel is expected to be delivered to the Company by the end of March 2020.Commenting on the agreement, Mr. Andreas Michalopoulos, the Company’s Deputy Chief Executive Officer, Chief Financial Officer and Treasurer, stated:“We are very pleased with this acquisition, which brings us one step closer to the creation of the only publicly listed pure-play Aframax company. We believe that the Company is...

BankFinancial Corporation Reports Financial Results for 2019 and Will Host Conference Call and Webcast on February 19, 2020

Written by Customer Service on February 18, 2020. Posted in Earnings Releases And Operating Results.

BURR RIDGE, Ill., Feb. 18, 2020 (GLOBE NEWSWIRE) — BankFinancial Corporation (Nasdaq – BFIN) (the “Company”) announced today that the Company recorded net income of $11.7 million for the year ended December 31, 2019 and basic and diluted earnings per common share for the year ended December 31, 2019 were $0.75.For the fourth quarter of 2019, the Company recorded net income of $3.4 million and basic and diluted earnings per share of common stock of $0.22, compared to $7.4 million and $0.44 per share for the fourth quarter of 2018. Net income for the fourth quarter of 2018 includes $5.1 million, net of tax, of realized and unrealized gains on sale of the Company’s Class B Visa common shares and $763,000 in accrued expense, net of tax, related to certain contract termination and severance payments.The Company’s total loans decreased...

West Town Bancorp, Inc. Announces Fourth Quarter 2019 Financial Results

Written by Customer Service on February 18, 2020. Posted in Earnings Releases And Operating Results.

RALEIGH, N.C., Feb. 18, 2020 (GLOBE NEWSWIRE) — West Town Bancorp, Inc. (OTC PINK: WTWB) (the “Company” or “West Town”), the financial holding company for West Town Bank & Trust (“the Bank”), announced today its financial results for the three months ended December 31, 2019. Highlights include the following:Fourth quarter net income of $1.73 million or $0.83 per diluted share, compared to $956,000 or $0.30 per diluted share for the fourth quarter of 2018.Return on average assets of 2.21%, compared to 0.68% for the fourth quarter of 2018.Return on average common equity of 10.22%, compared to 4.87% for the fourth quarter of 2018.Return on average tangible common equity (a non-GAAP financial measure) of 15.79%, compared to 7.95% for the fourth quarter of 2018.Windsor Advantage, LLC (“Windsor”) processing and servicing revenue...

Health Catalyst Announces Agreement to Acquire Able Health, a Leading SaaS Provider of Quality and Regulatory Measurement Tracking and Reporting

Written by Customer Service on February 18, 2020. Posted in Mergers And Acquisitions.

SALT LAKE CITY, Feb. 18, 2020 (GLOBE NEWSWIRE) — Health Catalyst, Inc. (“Health Catalyst,” Nasdaq: HCAT), a leading provider of data and analytics technology and services to healthcare organizations, today announced that it has entered into a definitive agreement to acquire Able Health, Inc. (“Able Health”), a San Francisco-based company that is a leading SaaS provider of quality and regulatory measurement tracking and reporting to healthcare providers and risk-bearing entities.The Able Health SaaS application will strengthen Health Catalyst’s existing Quality and Regulatory Measures capabilities. By bringing a growing inventory of hundreds of out-of-the-box measures, along with a scalable and flexible measures engine, Able Health’s solution automates measures reporting, a key competency of healthcare providers and risk-bearing...

Month: February 2020

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