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Day: April 27, 2020

Apergy Reports First Quarter 2020 Results

 Revenue of $261.4 million in Q1-20, up 6% sequentiallyGAAP net loss attributable to Apergy of $659.5 million in Q1-20, which includes a non-cash pre-tax charge of $682.8 million related to the impairment of goodwill and long-lived assetsAdjusted EBITDA of $53.3 million in Q1-20, a sequential increase of 19% from Q4-19Cash from operating activities of $29.2 million and free cash flow of $21.8 million, or 8% of revenue in Q1-20Additional proactive actions to significantly reduce operating expenses have increased annualized savings to $85 million from $65 millionMerger with ChampionX expected to close by the end of Q2-20THE WOODLANDS, Texas, April 27, 2020 (GLOBE NEWSWIRE) — Apergy Corporation (“Apergy”) (NYSE: APY) today announced preliminary first quarter 2020 results. Revenue for the quarter was $261.4 million and net loss attributable...

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Avadel Pharmaceuticals Announces Proposed Underwritten Public Offering

DUBLIN, Ireland, April 27, 2020 (GLOBE NEWSWIRE) — Avadel Pharmaceuticals plc (Nasdaq: AVDL), a company focused on developing FT218, an investigational, once-nightly formulation of sodium oxybate for treating excessive daytime sleepiness and cataplexy in patients with narcolepsy, announced today that it is commencing an underwritten public offering of $100 million in ordinary shares, in the form of American Depositary Shares (“ADSs”). Each ADS represents the right to receive one ordinary share. All of the ADSs are being offered by Avadel. In connection with the offering, Avadel intends to grant the underwriters a 30-day option to purchase up to an additional $15 million in ADSs at the public offering price less the underwriting discounts and commissions. The ADSs are listed under the symbol “AVDL” on the Nasdaq Global Market.The...

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Shenandoah Telecommunications Company to Hold its First Quarter 2020 Earnings Call at 8 a.m. on Thursday, April 30, 2020

EDINBURG, Va., April 27, 2020 (GLOBE NEWSWIRE) — Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) will release its first quarter 2020 financial results before the market opens on Thursday, April 30, 2020 and will host a conference call and simultaneous webcast at 8:00 a.m. Eastern Time that day.Date: April 30, 2020Time: 8:00 AM ETListen via Internet: http://investor.shentel.com/ Telephone: (888) 695-7639Password: 6654869A telephonic replay of the conference call will also be available starting two hours after the completion of the call. To access the replay, callers in the United States should call (855) 859-2056 and enter pass code 6654869.About Shenandoah TelecommunicationsShenandoah Telecommunications Company (Shentel) provides a broad range of diversified communications services through its high speed, state-of-the-art...

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Norvista Capital grants Stock Options to Directors

TORONTO, April 27, 2020 (GLOBE NEWSWIRE) — Norvista Capital Corporation (“Norvista” or the “Company”) (TSX-V: NVV) announces pursuant to recent appointments to the Board, the grant, effective today, of 800,000 stock options to certain directors pursuant to the Company’s incentive stock option plan. The options vest 1/3 on grant, 1/3 on the six month anniversary date of the grant and 1/3 on the one year anniversary date of the grant. The options are exercisable at $0.10 and expire on April 26, 2025.   About NorvistaNorvista is a resource-based merchant bank with an investment portfolio of public securities issued by companies engaged in precious and base metal exploration and development. The portfolio is comprised primarily of three core investee companies with operations located in Mexico, Canada and the United States. Norvista’s...

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Primoris Services Corporation Schedules Conference Call to Discuss 2020 First Quarter Financial Results

DALLAS, April 27, 2020 (GLOBE NEWSWIRE) — Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) announced today that management will host a conference call at 10:00 am Eastern Time / 9:00 am Central Time on Tuesday, May 5, 2020 to discuss the Company’s first quarter results. The Company plans to release its results prior to the opening of the markets.Interested parties may participate in the call by dialing:(877) 407-8293 (Domestic)(201) 689-8349 (International)If you are unable to participate in the live call, a replay may be accessed by dialing (877) 660-6853, conference ID 13702551, and will be available for approximately two weeks. The conference call will also be broadcast live over the Internet and can be accessed and replayed through the Investor Relations section of Primoris’ website...

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Smile Direct Club to Report First Quarter 2020 Results on May 13, 2020

NASHVILLE, Tenn., April 27, 2020 (GLOBE NEWSWIRE) — SmileDirectClub, Inc. (NASDAQ: SDC) (“SmileDirectClub”), the oral care company that created the first direct-to-consumer medtech platform for teeth straightening, announced today it will report results for the first quarter 2020 on Wednesday May 13 after close of market.Alison Sternberg, SmileDirectClub’s Vice President of Investor Relations will host a conference call with David Katzman, Chief Executive Officer and Chairman and Kyle Wailes, Chief Financial Officer, to discuss these results at 4:30 p.m. Eastern Time. SmileDirectClub First Quarter 2020 Conference Call Details Date: Wednesday, May 13, 2020 Time: 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) Dial-In: 1-877-407-9208 (domestic) or 1-201-493-6784 (international) Webcast: Visit “Events and Presentations” section of...

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Cryptologic Announces Reliance on Temporary Regulatory Filing Relief

TORONTO, April 27, 2020 (GLOBE NEWSWIRE) — Cryptologic Corp. (“Cryptologic” or the “Company”) (CSE:CRY) announced today that due to constraints imposed on its auditor by the COVID-19 pandemic, it intends to rely on the temporary blanket relief for market participants from certain regulatory filings as a result of COVID-19, published by Canadian securities regulators on March 23, 2020. This blanket relief provides the Company with a 45-day extension in respect of the filing of its financial statements and management’s discussion and analysis for the year ended December 31, 2019 (the “Annual Filings”). Cryptologic expects to file the Annual Filings on or before May 11, 2020.The Company confirms that its management and other insiders are subject to the Company’s Insider Trading Policy and such policy reflects the principles in section...

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Intellinetics, Inc. Clarifies Use of PPP Funds to Benefit Employees

COLUMBUS, Ohio, April 27, 2020 (GLOBE NEWSWIRE) — Yesterday, Intellinetics, Inc. (OTCQB: INLX) was mentioned in an article in the New York times entitled “Large, Troubled Companies Got Bailout Money in Small-Business Loan Program.” For clarification, Intellinetics Inc. is a very small public company. As a small Midwestern business, we believe we are exactly the type of business the CARES Act was designed to help.Intellinetics previously announced that it had received a PPP loan in the amount of $838,700. Intellinetics intends to use this money to fund the payroll of its employees in order to permit the company to continue to conduct business during this pandemic despite the economic consequences of COVID-19.We are not a large public company that has ready access to capital. Microcap public companies in general, and Intellinetics...

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Platinex Inc. Announces a Delay in Filing its Annual Financial Statements and its Financial Statements Due to Delays Caused by COVID-19

TORONTO, April 27, 2020 (GLOBE NEWSWIRE) — Platinex Inc. (CSE: PTX) (“Platinex” or the “Company“) announces that due to circumstances created by the novel coronavirus (“Covid-19“), it will be postponing its reporting of the Company’s audited financial statements, accompanying management’s discussion and analysis, and related CEO and CFO certifications for the year ended December 31, 2019 (the “Annual Filings”), required to be filed by April 29, 2020 pursuant to National Instrument 51-102 – Continuous Disclosure Obligations (“NI 51-102“). The Company will also be postponing the reporting of its interim financial statements and accompanying management’s discussion and analysis for the three (3) month period ending March 31, 2020 (the “Interim Filings“),...

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GAUMONT : Eligibilité du titre au PEA-PME

Communiqué sur l’éligibilité au PEA-PMENeuilly-sur-Seine, le 27 avril 2020GAUMONT SA confirme son éligibilité au PEA-PME, en respectant, sur la base des comptes au 31 décembre 2019 du Groupe, tous les critères précisés par le décret d’application n° 2014-283 du 4 mars 2014, soit cumulativement :Un effectif inférieur à 5 000 salariésUn chiffre d’affaires annuel inférieur à  € 1,5 milliards ou total de bilan inférieur à € 2 milliards.** *Pièce jointeversion PDF

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