Day: May 6, 2020

Muscle Maker Grill Breaks Ground on Two Delivery-Only Ghost Kitchens in Chicago

Written by Customer Service on May 6, 2020. Posted in Public Companies.

Fast-Casual Brand Begins Construction at Two Delivery-Only Ghost Kitchens in Downtown ChicagoBurleson, Texas, May 06, 2020 (GLOBE NEWSWIRE) — Muscle Maker Grill, Inc. (Nasdaq: GRIL) the parent company of Muscle Maker Grill & Healthy Joe’s, a fast-casual concept known for serving “healthier for you” meals, today announced that it has begun the construction phase at two of its five new delivery-only ghost kitchens to open in the downtown Chicago market. Both of the new delivery-only ghost kitchens are slated to open in early summer with the remaining three Chicago locations to follow soon after. The kitchens will feature menu items from both Muscle Maker Grill and Healthy Joe’s, a new brand that showcases oven toasted subs, hot topped salads and bowls. Healthy Joe’s fast-casual restaurant launched in Tribeca in November of 2019.Food...

Legend Power® Systems Provides Business Update

Written by Customer Service on May 6, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, May 06, 2020 (GLOBE NEWSWIRE) — Legend Power® Systems (TSX-V: LPS), a global leader in onsite energy management technology, today provided a business update and discussed recent steps taken to ensure a seamless transition to the anticipated normalization of business and economic activity.We are pleased to report that in-process sales cycles have continued and that the uptake of the SmartGATE Insights™ building power analysis solution is demonstrating customer confidence in this additional product. External highlights include:Installation of SmartGATE™ with a leading New York multi-residential property group.In Boston (a new market), an international insurance company is installing four SmartGATE Insights™ units to assess electrical supply impacts and prioritize potential corrective next steps.Installation...

Amerigo Reports Q1-2020 Financial Results

Written by Customer Service on May 6, 2020. Posted in Public Companies.

Net loss of $4.0 million ($0.02 LPS) after $5.3 million of negative copper settlement adjustmentsNet negative operating cash flow of $1.4 millionWorking capital deficiency of $27.7 millionVANCOUVER, British Columbia, May 06, 2020 (GLOBE NEWSWIRE) — Amerigo Resources Ltd. (TSX: ARG) (“Amerigo” or the “Company”) announced financial results for the quarter ended March 31, 2020 (“Q1-2020”). Quarterly financial performance was impacted by low copper prices as a result of the current global pandemic, which affected Q1-2020 copper revenue from MVC (Minera Valle Central, the Company’s 100% owned operation locater near Rancagua, Chile) and resulted in negative copper settlement adjustments of $5.3 million.Amounts in this news release are reported in U.S. dollars except where indicated otherwise.COVID-19 effect on financial results and ongoing...

Wingstop Inc. Provides Business Update and Reports Fiscal First Quarter 2020 Financial Results

Written by Customer Service on May 6, 2020. Posted in Public Companies.

DALLAS, May 06, 2020 (GLOBE NEWSWIRE) — Wingstop Inc. (“Wingstop” or the “Company”) (NASDAQ: WING) today announced financial results for the fiscal first quarter ended March 28, 2020.Business Update from Charlie Morrison, Chairman and CEO of Wingstop:In our last business update to investors and fans of the brand, I was happy to report that the Wingstop brand remained resilient during this unprecedented time for us all. Our performance actually improved in the last two weeks of the first quarter ended in March. I attribute that resiliency and performance to the strength of our system, led by our team members, our franchisees (whom we affectionately call our brand partners) and our supplier partners – all of whom remain committed to our mission of Serving the World Flavor! We have leveraged our core values of Authentic, Service-Minded,...

MasterCraft Boat Holdings, Inc. Reports Fiscal 2020 Third Quarter Results

Written by Customer Service on May 6, 2020. Posted in Public Companies.

VONORE, Tenn., May 06, 2020 (GLOBE NEWSWIRE) — MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2020 third quarter ended March 29, 2020.Third Quarter Highlights:Pulled back production rate in early March and suspended production in late March in response to the COVID-19 pandemic.Net sales for the third quarter decreased to $102.6 million, down 20.1 percent from $128.4 million in the prior-year period, due to reduced production in anticipation of slower retail demand from the COVID-19 pandemic.Enhanced our liquidity, as a precautionary measure, by having drawn down $35.0 million revolving credit facility and finalizing a proposed amendment to our credit facility to provide additional flexibility.GAAP diluted net loss was $(36.7) million or $(1.96) per share, including $56.4 million,...

Repligen Reports First Quarter 2020 Financial Results and Updates Full Year 2020 Financial Guidance

Written by Customer Service on May 6, 2020. Posted in Public Companies.

Reports record quarterly revenue of $76.1 millionOverall revenue grew 25% year-over-year, with organic growth of 16%Strong order load through first four monthsWALTHAM, Mass., May 06, 2020 (GLOBE NEWSWIRE) — Repligen Corporation (NASDAQ:RGEN), a life sciences company focused on bioprocessing technology leadership, today reported financial results for its first quarter ended March 31, 2020. Provided in this press release are financial highlights for the quarter, updates to our financial guidance for the year 2020 and access information for today’s webcast and conference call.Tony J. Hunt, President and Chief Executive Officer said, “I’m really pleased with our flexibility and performance during the first quarter, while adapting to the challenging economic environment. We exceeded our financial goals, reporting record quarterly revenue...

Enthusiast Gaming and G FUEL Forge Multi-Year Partnership

Written by Customer Service on May 6, 2020. Posted in Public Companies.

TORONTO, May 06, 2020 (GLOBE NEWSWIRE) — Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX: EGLX)(OTCQB: ENGMF)(FSE: 2AV) today announced a new partnership with leading gaming energy drink brand G FUEL, to build an integrated marketing campaign that leverages the full Enthusiast Gaming platform and its reach of over 200 million gamers. The multi-year partnership will utilize Enthusiast Gaming’s platform to help increase G FUEL’s brand awareness and continue to drive market share. This partnership is also monumental for Enthusiast Gaming and its esports organization, Luminosity Gaming, as it continues to validate its dominance within the gaming space. Founded in 2012, G FUEL provides a healthier, more effective alternative to standard energy drinks. Professional esports players and gamers around the...

Allogene Therapeutics Reports First Quarter 2020 Financial Results

Written by Customer Service on May 6, 2020. Posted in Public Companies.

Oral Presentation of Initial Results from the Phase 1 ALLO-501 ALPHA Trial in Relapsed/Refractory Non-Hodgkin Lymphoma at the Virtual American Society of Clinical Oncology (ASCO) Annual MeetingPhase 1 ALPHA2 Trial for ALLO-501A, the Next Generation anti-CD19 AlloCAR T™ Intended for Phase 2 Development, On-Track to Initiate in Q2 2020Initial Data from Phase 1 ALLO-715 UNIVERSAL Trial in Relapsed/Refractory Multiple Myeloma On-Track for Q4 2020Pre-clinical Findings Supporting TurboCAR™ Technology to be Presented at the American Society of Gene & Cell Therapy (ASGCT) 2020 Annual MeetingEnded First Quarter with $553 Million in Cash, Cash Equivalents and InvestmentsConference Call and Webcast Scheduled for 5:30 AM PT/8:30 AM ETSOUTH SAN FRANCISCO, Calif., May 06, 2020 (GLOBE NEWSWIRE) — Allogene Therapeutics, Inc. (Nasdaq: ALLO),...

Constellation Pharmaceuticals Announces First-Quarter 2020 Financial Results

Written by Customer Service on May 6, 2020. Posted in Earnings Releases And Operating Results.

EHA abstracts to publish on May 14 with an interim update across the MANIFEST trial cohortsConstellation to provide an additional interim update from MANIFEST at EHA in mid-JuneCompany continues to effectively make progress on its milestones in the face of the COVID-19 pandemicCAMBRIDGE, Mass., May 06, 2020 (GLOBE NEWSWIRE) — Constellation Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company using its expertise in epigenetics to discover and develop novel therapeutics, today announced its first-quarter 2020 financial results.“In the face of the serious public health and economic impacts of the COVID-19 pandemic, we at Constellation remain focused on our mission of addressing unmet medical needs in cancer and hematological diseases,” said Jigar Raythatha, president and chief executive officer of Constellation Pharmaceuticals....

Amplify Energy Announces First Quarter 2020 Results and Over $80 Million of Liquidity Enhancement Initiatives

Written by Customer Service on May 6, 2020. Posted in Earnings Releases And Operating Results.

HOUSTON, May 06, 2020 (GLOBE NEWSWIRE) — Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) announced today its operating and financial results for the first quarter of 2020.Key HighlightsLiquidity Enhancement Initiatives: — Reduced future operating expenses by approximately $18 million annually — Reduced annualized general and administrative (“G&A”) expenses by approximately $2.5 million annually — Reduced budgeted capital spending for the year by $19 million (41%) from $46 million to $27 million — Monetized approximately $18 million of 2021 hedges — Received $5.5 million of proceeds under the Paycheck Protection Program (“PPP”) — Applied for Beta royalty relief that is expected to generate $5 million per year of incremental revenue (assuming a $30/Bbl WTI price) — Suspended...

Day: May 6, 2020

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