Day: March 19, 2020

DENVER, March 19, 2020 (GLOBE NEWSWIRE) — As a result of the recent decline in crude oil prices and ongoing uncertainty regarding the oil supply-demand macro environment, Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced that it has reduced its operated rig program from five rigs at the beginning of the month to one currently.  As a result, the Company anticipates that its capital expenditure budget for 2020 will be approximately fifty percent lower than the annual guidance ranges provided in late February, assuming the Company continues to run one rig for the remainder of the year.  Centennial will continue to monitor changes in commodity prices and may further adjust its capital program for the remainder of the year in response to such changes.  The Company expects to update its...

STUDIO CITY, CA, March 19, 2020 (GLOBE NEWSWIRE) — Tix Corporation (the “Company”) (OTCQX: TIXC), a leading provider of discount ticketing services, today reported results for the full year ended December 31, 2019.Full Year 2019 Summary Results:The Company’s revenues decreased to $12.7 million, or 2%, as compared to $13.0 million in 2018.  Operating loss was $1.1 million, as compared to $4.4 million in 2018.  The Company’s operating loss was impacted by the decrease in revenues, an increase in legal and professional fees primarily related to governance matters of $741,000, offset by approximately $1.1 million in cost reductions, as compared to 2018.  In 2018, our operating loss included an impairment of goodwill charge of $3.1 million, which did not occur in 2019.Due to the Company’s recent operating losses, and the current disruption...

TORONTO, March 19, 2020 (GLOBE NEWSWIRE) — POET Technologies, Inc. (OTCQX: POETF; TSX Venture: PTK) the designer and developer of the POET Optical Interposer™ and Photonic Integrated Circuits (PICs) for the data center and tele-communication markets, today announced the Company will extend the exercise period for warrants granted to investors in connection with its March 2018 public offering managed by Cormark Securities Inc. based in Toronto, Ontario Canada.The Company will be extending the exercise period by four months to July 23, 2020 for a total of 12,545,350 common share purchase warrants, all of which are exercisable at C$0.75 per share (collectively, the “Warrants”).  These existing Warrants were issued pursuant to a public offering completed by Cormark on March 21, 2018 with a two-year period in which to exercise.  All...

BASKING RIDGE, N.J., March 19, 2020 (GLOBE NEWSWIRE) — electroCore, Inc. (Nasdaq: ECOR), a commercial-stage bioelectronic medicine company, announced that it will report financial results for the fourth quarter and year ended December 31, 2019 after the close of the market on Monday, March 23, 2020.  Management will host a conference call and webcast at 4:45pm Eastern Time to discuss the financial results and answer questions.About electroCore, Inc.electroCore is a commercial stage bioelectronic medicine company with a proprietary non-invasive vagus nerve stimulation, or nVNS, therapy. nVNS is a platform therapy that modulates neurotransmitters and immune function through its effects on both the peripheral and central nervous systems. electroCore’s proprietary gammaCore™ (nVNS) is the first non-invasive, hand-held medical therapy...

SEATTLE, March 19, 2020 (GLOBE NEWSWIRE) — Jones Soda Co. (the “Company”) (OTCQB: JSDA), a leader in the craft soda industry, known for its unique branding and authentic connection to its consumers, is rescheduling its earnings conference call for the fourth quarter and full year ended December 31, 2019, to Tuesday, March 24, 2020, at 4:30 p.m. ET. The financial results will be reported in a press release prior to the conference call.The rescheduling provides Jones additional time to complete the final stages of its year-end audit and is not a result of any material impacts to the Company’s financial position. Jones is still well within its deadline to file its 10-K with the SEC for the full year ended December 31, 2019.Updated Fourth Quarter and Full Year 2019 Conference Call DetailsDate: Tuesday, March 24, 2020Time: 4:30 p.m....

KOKOMO, Ind., March 19, 2020 (GLOBE NEWSWIRE) — Haynes International, Inc. (NASDAQ GM: HAYN) (the “Company”), a leading developer, manufacturer and marketer of technologically advanced high-performance alloys, today announced certain actions taken as a result of unforeseen circumstances affecting our business. “These are unprecedented times for our country and our company. Our responsibility is to take action to keep our employees safe while also working to manage the financial well-being of our company,” said Mike Shor, President and Chief Executive Officer. The Company has already implemented staggered shifts, cleaning between shifts and social distancing and hygiene policies. However, the current widespread impact of the COVID-19 pandemic has led to the decision to implement a temporary shut-down of two weeks in most of the Company’s...

SILICON SLOPES, Utah, March 19, 2020 (GLOBE NEWSWIRE) — Domopalooza LIVE and On-Demand – Domo (Nasdaq: DOMO) announced today new capabilities in the Domo Business Cloud, including automatic machine learning (AutoML), recommended actions, and drag-and-drop predictive model deployment through support for Amazon SageMaker Autopilot. Amazon SageMaker Autopilot is an Amazon Web Services (AWS) solution that automatically trains and tunes ML models based on data provided by a customer. Companies can now use their data in Domo as input into Amazon SageMaker Autopilot and automatically create the highest performing model and deploy a prediction pipeline that adapts to new, incoming data. The combination of Domo and Amazon SageMaker Autopilot helps make ML accessible to more employees and propels ML-driven insights for business.Customers...

SAN DIEGO, March 19, 2020 (GLOBE NEWSWIRE) — aTyr Pharma, Inc. (Nasdaq: LIFE), a biotherapeutics company engaged in the discovery and development of innovative medicines based on novel immunological pathways, today announced that it will report fourth quarter and full year 2020 financial results after the market close on Thursday, March 26, 2020. Management will host a conference call and webcast to review the results and provide an operational update.Conference Call and Webcast Details:Thursday, March 26 @ 5:00 p.m. EDT / 2:00 p.m. PDTDomestic: 844-358-9116International: 209-905-5951Conference ID: 1668357Webcast: http://investors.atyrpharma.com/events-and-webcastsAbout aTyraTyr is a biotherapeutics company engaged in the discovery and development of innovative medicines based on novel immunological pathways. aTyr’s research and...

~ Based on Market Study, Increases U.S. Store Opportunity to 1,050 Locations ~HARRISBURG, Pa., March 19, 2020 (GLOBE NEWSWIRE) — Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) today reported financial results for the fourth quarter and full-year fiscal 2019. Fourth Quarter Summary:Total net sales increased 7.2% to $422.4 million. Comparable store sales decreased 4.9% from a 5.4% increase in the prior year.The Company ended the year with a total of 345 stores in 25 states, a 13.9% year-over-year increase in store count. Operating income increased 4.3% to $64.6 million.  Adjusted operating income(1) increased 3.6% to $64.1 million.Net income increased 0.8% to $50.3 million and net income per diluted share increased 1.3% to $0.77.Adjusted net income(1) increased 3.6% to $48.7 million and adjusted net income per diluted share(1)...

— 2019 Field Test Results Highlight CRISPR Technology Approach to Increase in Oil Content in Oilseed Crops