Day: May 4, 2020

First Quarter 2020 Results:Revenue totals $7.8 million, growing 44% year over yearBillable tests delivered total 13,163, growing 75% year over yearGross Margin improves approximately 3 percentage points year over year; cost per test improves approximately 22% year over yearGAAP loss of $2.0 million, or $0.09 per shareNon-GAAP loss of $749,000, or $0.03 per shareAdjusted EBITDA loss of $506,000TEMPLE CITY, Calif., May 04, 2020 (GLOBE NEWSWIRE) — Fulgent Genetics (NASDAQ: FLGT) (“Fulgent Genetics” or the “company”), a provider of comprehensive genetic testing and Next Generation Sequencing (“NGS”) solutions, today announced financial results for its first quarter of fiscal year 2020 ended March 31, 2020.First quarter revenue was $7.8 million, an increase of 44% year over year from $5.4 million in the first quarter of 2019. GAAP loss...

HAUPPAUGE, N.Y., May 04, 2020 (GLOBE NEWSWIRE) — Chembio Diagnostics, Inc. (Nasdaq: CEMI), a leading point-of-care diagnostic company focused on infectious diseases, today announced it has attained the CE Marking for its DPP COVID-19 System. The CE Marking represents the ability to commercialize the system within the member states of the European Union and the Caribbean region, except for Puerto Rico.“The CE Marking is another significant accomplishment for Chembio and expands the market opportunity for our DPP COVID-19 rapid serological test meaningfully,” stated Rick Eberly, Chembio’s Chief Executive Officer. “We are pleased to begin commercializing and continuing to support the decentralization that is needed to address the ongoing demand for testing. We believe our platform will add tremendous value in determining the IgM and...

LOUISVILLE, Ky., May 04, 2020 (GLOBE NEWSWIRE) — Texas Roadhouse, Inc. (NasdaqGS: TXRH), today provided a statement from Kent Taylor, Founder of Texas Roadhouse, announced financial results for the 13 week period ended March 31, 2020 and provided a business update in response to the COVID-19 pandemic.Founder LetterHello Roadies, Shareholders, Loyal Guests, and Interested Folks,As everyone’s world has obviously changed, so has ours.  I still remember the early days of Texas Roadhouse back in the mid-1990’s, when three of our first five stores failed. Survival mode was where I lived for quite a few years.  Well, damn, if I didn’t find myself right back there again.  Five restaurants have become 600 and 400 employees have become 75,000+.  Back then in my mid-30’s, our Roadies were close to my age, and I thought of our company as a...

DENVER, May 04, 2020 (GLOBE NEWSWIRE) — Extraction Oil & Gas, Inc. (NASDAQ: XOG) will host a conference call on Monday, May 11, 2020 at 2:30 PM MDT (4:30 PM EDT) to discuss first-quarter 2020 financial and operating results. Earnings will also be released after close of market on Monday, May 11, 2020. The full text of the release will be available on the company’s website at www.extractionog.com. Extraction will be providing prepared remarks and will not host a question-and-answer session.Those who would like to participate can dial into the number listed below approximately 15 minutes before the scheduled conference call time and provide conference ID number 8063749 when prompted.First-Quarter 2020 Earnings Conference Call InformationTo access the audio webcast and related presentation materials, please visit the Investor...

SEMINOLE, Fla., May 04, 2020 (GLOBE NEWSWIRE) — Superior Group of Companies, Inc. (NASDAQ: SGC) has announced it will donate $5 million of WonderWink® and Fashion Seal Healthcare branded scrubs to hospitals and healthcare facilities in areas severely impacted by COVID-19.Leveraging its global and domestic supply chains, SGC is partnering with Governor Andrew M. Cuomo’s Central Coordinating Team to distribute scrubs to various New York hospitals, as well as to various Texas hospitals in conjunction with the Texas Division of Emergency Management, and throughout Arkansas with the Arkansas Economic Development Commission.The Company is also distributing essential scrubs and masks to hospitals and facilities in Haiti through its local operating company Superior Sourcing, and El Salvador, where SGC has a significant presence with The...

JERUSALEM , May 04, 2020 (GLOBE NEWSWIRE) — Intec Pharma Ltd. (NASDAQ: NTEC) (“Intec” or “the Company”), today announced that it has entered into definitive agreements with several institutional and accredited investors for the purchase and sale of 16,291,952 of the Company’s ordinary shares, at a purchase price of $0.30690 per share, in a registered direct offering. Intec has also agreed to issue to the investors unregistered warrants to purchase up to an aggregate of 8,145,976 ordinary shares. The offering is expected to close on or about May 6, 2020, subject to satisfaction of customary closing conditions.H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.The warrants will have a term of five and one-half years, be exercisable immediately and have an exercise price of $0.245 per ordinary share.The...

VERO BEACH, Fla., May 04, 2020 (GLOBE NEWSWIRE) — Bimini Capital Management, Inc. (OTCBB:BMNM) (“Bimini” or the “Company”), today announced that it will release results for the first quarter of 2020 following the close of trading on the New York Stock Exchange on Thursday, May 14, 2020.Earnings Conference Call DetailsAn earnings conference call and live audio webcast will be hosted Friday, May 15, 2020, at 10:00 AM ET. The conference call may be accessed by dialing toll free (877) 312-5414. International callers dial (408) 940-3877. The conference passcode is 5778886. A live audio webcast of the conference call can be accessed via the investor relations section of the Company’s website at www.biminicapital.com, and an audio archive of the webcast will be available until June 15, 2020.About Bimini Capital...

RENO, Nev., May 04, 2020 (GLOBE NEWSWIRE) — Allegiant Gold Ltd. (“ALLEGIANT”) (AUAU: TSX-V) (AUXXF: OTCQX) is pleased to announce that it will be presenting at the OTC Markets Metals & Mining Virtual Investor Conference on May 6, 2020 at 11:30 a.m. ET (8:30 a.m. PT).  Information on registering and participating can be found below:DATE: Wednesday, May 6thTIME: 11:30am ET, 8:30 am. PTLINK: https://tinyurl.com/MayResourceVIC-PRThis will be a live, interactive online event where investors are invited to ask the Company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event. It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.Learn more about...

SAN DIEGO, May 04, 2020 (GLOBE NEWSWIRE) — Arcturus Therapeutics Holdings Inc. (the “Company”, “Arcturus”, Nasdaq: ARCT), a leading clinical-stage messenger RNA medicines company focused on the discovery, development and commercialization of therapeutics for rare diseases and vaccines, today announced that it will release its financial results for the quarter ended March 31, 2020 after the market close on May 7 and will also provide a corporate overview and financial results by hosting a conference call and webcast at 4:30 pm Eastern Time on Thursday, May 7, 2020.About Arcturus TherapeuticsFounded in 2013 and based in San Diego, California, Arcturus Therapeutics Holdings Inc. (Nasdaq: ARCT) is a clinical-stage mRNA medicines and vaccines company with enabling technologies: (i) LUNAR® lipid-mediated delivery, (ii) STARR™ mRNA Technology...

CHAMPAIGN, Ill., May 04, 2020 (GLOBE NEWSWIRE) — First Busey Corporation (NASDAQ: BUSE) (“First Busey”) today announced that, due to the COVID-19 executive orders issued by the Governor of the State of Illinois, which prohibit gatherings of more than 10 people in the State of Illinois, and to prioritize the health and well-being of stockholders and Company personnel during the global pandemic, its Annual Meeting of Stockholders (the “Annual Meeting”) has been changed to a virtual meeting format.The Annual Meeting will continue to be held on Wednesday, May 20, 2020 at 5:00 p.m. Central Time.  As described in the proxy materials for the Annual Meeting, dated April 9, 2020, those eligible to vote at the Annual Meeting are stockholders of record as of the close of business on March 23, 2020 or holders of a legal proxy for the meeting. ...