Day: March 2, 2020
MENLO PARK, Calif., March 02, 2020 (GLOBE NEWSWIRE) — CohBar, Inc. (NASDAQ: CWBR), a clinical stage biotechnology company developing mitochondria based therapeutics (MBTs) to treat chronic diseases and extend healthy lifespan, announced today that the company will release its fourth quarter 2019 financial results after the market closes on Thursday, March 12, 2020. Management will host a conference call with a slide presentation at 5:00 p.m. ET (2:00 p.m. PT) on the same day to provide an update on the company’s business.Details for the Conference Call and Slide Presentation:Date: March 12, 2020Time: 5:00 p.m. ET (2:00 p.m. PT)Conference AudioDial-in U.S. and Canada: (877) 451-6152Dial-in International: (201) 389-0879Conference ID No.: 13698823Slide PresentationGo to www.webex.com, click on the ‘Join a Meeting’ button and enter...
Cronos Group Files Form 12b-25
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TORONTO, March 02, 2020 (GLOBE NEWSWIRE) — Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos Group” or the “Company”) today announced that it has filed a Form 12b-25 with the U.S. Securities and Exchange Commission, providing the Company a 15-day extension of the due date for filing its Annual Report on Form 10-K for the year ended December 31, 2019 (the “Form 10-K”).The Company has been unable to complete its financial statements for fiscal 2019 due to a continuing review by the Audit Committee of the Company’s Board of Directors, with the assistance of outside counsel and forensic accountants, of several bulk resin purchases and sales of products through the wholesale channel and the appropriateness of the recognition of revenue from those transactions. As previously announced, the Company has delayed its fourth quarter and...
Gold Resource Corporation Achieves Record Annual Gold Production, Ninth Consecutive Profitable Year, Delivers Earnings of $0.09 Per Share and Provides 2020 Production Outlook
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COLORADO SPRINGS, March 02, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Gold Resource Corporation (NYSE American: GORO) (the “Company” or “GRC”) today announced a ninth consecutive year of profitability, reporting net income of $5.8 million or $0.09 per share. The Company also confirmed its previously announced 2019 consolidated annual production record of 40,318 gold ounces along with 1,732,604 silver ounces. The Company announced its 2020 consolidated precious metal Outlook targeting 54,000 gold ounces and 1,700,000 silver ounces plus or minus a 10 percent range. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, U.S.A. The Company has returned $113 million to its shareholders in monthly dividends since commercial production commenced July 1, 2010...
Intrepid Reports Fourth Quarter and Full Year 2019 Results
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Denver, CO, March 02, 2020 (GLOBE NEWSWIRE) — Intrepid Potash, Inc. (NYSE:IPI) (“Intrepid”, the “Company”, “we”, “us”, “our”) today reports its financial results for the fourth quarter and full year of 2019.Key Takeaways for Fourth Quarter and Full Year 2019Trio® and Oilfield Solutions segments continued to deliver strong sales results in the fourth quarter of 2019.Cash flow from operations of $11.8 million for the fourth quarter of 2019.Net income of $2.1 million, or $0.02 per share for the fourth quarter of 2019.Adjusted EBITDA(1) of $12.4 million for the fourth quarter of 2019.Total company water sales were $25.7 million in 2019 including by-product water, an increase of $5.9 million compared to 2018.Management Comment“We soundly executed on Intrepid’s operations...
Sandoz Resolves Generic Drug Antitrust Investigation in the U.S.
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Princeton, New Jersey, March 2, 2020 – Sandoz Inc. has reached a resolution with the U.S. Department of Justice (DOJ) Antitrust Division concerning the Department’s more than three-year-long antitrust investigation into the U.S. generic drug industry. The Sandoz resolution relates to instances of misconduct at the company between 2013 and 2015 with regard to certain generic drugs sold in the United States. As part of the resolution, Sandoz has agreed to pay USD 195 million and will enter into a deferred prosecution agreement (DPA).Sandoz is a global leader in generic pharmaceuticals and biosimilars with a broad portfolio of high-quality medicines covering all major therapeutic areas. In the U.S., during the period in question, the company provided patients with over 400 marketed generic medicines.As recognized by the DOJ, Sandoz cooperated...
KemPharm Submits KP415 NDA to the FDA for the Treatment of ADHD
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If approved, KemPharm believes that KP415 may address several unmet needs, including earlier onset of action and longer duration of therapeutic effect vs. other available methylphenidate productsCELEBRATION, Fla., March 02, 2020 (GLOBE NEWSWIRE) — KemPharm, Inc. (Nasdaq: KMPH), a specialty pharmaceutical company engaged in the discovery and development of proprietary prodrugs, today announced that it has submitted a New Drug Application (NDA) under Section 505(b)(2) of the Federal Food, Drug and Cosmetic Act for its investigational product candidate, KP415, to the U.S. Food and Drug Administration (FDA). KP415 is KemPharm’s product candidate for the treatment of attention deficit hyperactivity disorder (ADHD) which contains serdexmethylphenidate (SDX), KemPharm’s prodrug of d-methylphenidate (d-MPH). Initially, the FDA will review...
CorePoint Lodging Announces Timing of Fourth Quarter 2019 Earnings Release and Conference Call
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IRVING, Texas, March 02, 2020 (GLOBE NEWSWIRE) — CorePoint Lodging Inc. (NYSE: CPLG) (“CorePoint” or the “Company”) today announced that the Company plans to report financial results for the fourth quarter of 2019 after market close on Thursday, March 12, 2020. The Company will also host a conference call for investors and other interested parties to discuss its results beginning at 5:00 p.m. Eastern Time that day.The call may be accessed by dialing (866) 300-4611, or (703) 736-7439 for international participants, and entering the passcode 8128228. Participants may also access the call via webcast by visiting www.corepoint.com/investors.The replay of the call will be available from approximately 8:00 p.m. Eastern Time on March 12, 2020 through 8:00 p.m. Eastern Time on March 19, 2020. To access the replay, the domestic dial-in number...
QYOU Media Reports Q2 FY2020 Results
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TORONTO and LOS ANGELES, March 02, 2020 (GLOBE NEWSWIRE) — QYOU Media Inc. (TSXV: QYOU, OTCQB: QYOUF) (“QYOU Media” or the “Company”), a next generation global media company that curates, packages and distributes premium digital first short-form video for multiscreen distribution, has reported financial results for the three and six months ended December 31, 2019. All figures appear in Canadian dollars.Financial Highlights for the QuarterFor the three and six months ending December 31, 2019, revenue was $986,341 and $1,550,074 as compared to $916,527 and $2,629,230 for the three and six months ended December 31, 2018, an increase of $69,814 (or 8%) for the three month periods and a decrease of $1,079,156 (or 41%) for the six month periods. The decrease in revenue over the six month period compared to the...
Northwest Pipe Company Reports Strong Profitability and Backlog and Announces Fourth Quarter Conference Call
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Fourth Quarter HighlightsThe Company achieved its highest quarterly gross profit since 2013, with significant increases from the fourth quarter of 2018: — Net sales of $72.2 million, an increase of 25.5% — Gross profit of $16.9 million, an increase of 149.4% — Gross profit margin of 23.4%, compared to 11.8% — Operating income of $12.3 million, an increase of 354.5%Net income per diluted share of $1.22 compared to $0.02 in the fourth quarter of 2018 and adjusted net income per diluted share of $1.23 compared to $0.27 in the fourth quarter of 2018. See the Company’s Reconciliation of Non-GAAP Financial Measures belowBacklog including confirmed orders of $258 million, a new year-end record for the CompanyCash increased $19.3 million in the fourth quarterThe acquisition of Geneva Pipe Company, Inc. (“Geneva Pipe and...
Uniti Group Inc. Declares $0.15 Per Share Quarterly Dividend
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LITTLE ROCK, Ark., March 02, 2020 (GLOBE NEWSWIRE) — Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced that its Board of Directors declared a quarterly cash dividend on February 28, 2020 of $0.15 per share, payable on April 15, 2020 to stockholders of record on March 31, 2020.ABOUT UNITIUniti, an internally managed real estate investment trust, is engaged in the acquisition and construction of mission critical communications infrastructure, and is a leading provider of wireless infrastructure solutions for the communications industry. As of September 30, 2019, Uniti owns 6.0 million fiber strand miles, approximately 630 wireless towers, and other communications real estate throughout the United States. Additional information about Uniti can be found on its website at www.uniti.com.INVESTOR AND MEDIA CONTACTS:Mark A. Wallace,...