Day: May 6, 2020

Meets Q1 Revenue and Earnings GuidanceCompany Initiates Q2 2020 Outlook andRevises FY 2020 Outlook in Connection with COVID-19 Developments*Completes Acquisition of Lumerical Inc.*Additional details related to our financial guidance, including assumptions and economic impacts of COVID-19, are detailed in our prepared remarks document.Key Highlights – Q1 2020GAAP revenue of $305.0 million and non-GAAP revenue of $308.9 millionGAAP diluted earnings per share of $0.53 and non-GAAP diluted earnings per share of $0.83GAAP operating profit margin of 11.2% and non-GAAP operating profit margin of 29.3%Operating cash flows of $147.4 millionDeferred revenue and backlog of $835.0 million at March 31, 2020Repurchased 0.7 million shares in the first quarter at an average price of $233.48 per sharePITTSBURGH, May 06, 2020 (GLOBE NEWSWIRE) —...

HOUSTON, May 06, 2020 (GLOBE NEWSWIRE) — Apache Corporation (NYSE, Nasdaq: APA) today announced first-quarter 2020 results on its website at www.apachecorp.com or investor.apachecorp.com as well as on Twitter (@ApacheCorp).There will be a conference call May 7 at 10 a.m. Central time to discuss the results. It will be webcast and archived on Apache’s website and available for playback by telephone for one week. The number for the replay is 855-859-2056 or 404-537-3406 for international calls. The conference access code is 8586364.About ApacheApache Corporation is an oil and gas exploration and production company with operations in the United States, Egypt and the United Kingdom, and exploration activities offshore Suriname. Apache posts announcements, operational updates, investor information and copies of all press releases on...

CALGARY, Alberta, May 06, 2020 (GLOBE NEWSWIRE) — FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”) today reported financial results for the quarter ended March 31, 2020.Tom Schmutz, CEO, remarked, “FLYHT’s first quarter was strong in total sales orders captured, and set records in SaaS and Licensing revenues. Our attention is now focused on the preservation of cash while developing new solutions to support commercial aviation as it recovers.”First Quarter 2020 ResultsRevenues and Other Income decreased by 4% to $5,295,232 compared to the first quarter of 2019. This included:SaaS revenue of $2,738,654, an increase of 14% from the first quarter of 2019;Hardware revenue of $227,684, a decrease of 90% from 2019’s first quarter;Licensing revenue of $2,263,677, an increase of 499% from the first quarter...

Boca Raton, Florida, May 06, 2020 (GLOBE NEWSWIRE) — Simplicity Esports and Gaming Company (OTCQB:WINR) (“Simplicity Esports”), an owner and manager of multiple esports teams, host of online tournaments and franchisor of esports gaming centers, announced today that Flamengo Esports, its 90%-owned subsidiary, has once again made it to the Finals of the Campeonato Brasileiro de League of Legends (“CBLoL Brazil”). Flamengo Esports will defend its title as reigning champions at the Finals, which can be watched via live stream on the RiotGamesBrazil Twitch channel starting at noon, Eastern standard time, on Saturday, May 9th.Jed Kaplan, CEO of Simplicity Esports, stated, “First, I want to congratulate our incredible players and staff for staying focused on training and winning, despite the challenges thrown at them because of COVID-19....

LINDON, Utah, May 06, 2020 (GLOBE NEWSWIRE) — Profire Energy, Inc. (NASDAQ: PFIE), a technology company (the “Company”) which creates, installs and services burner management solutions in the oil and gas industry, today reported financial results for its first quarter ending March 31, 2020. A conference call will be held on Thursday, May 7, 2020 at 1:00 p.m. ET to discuss the results.First Quarter SummaryRecognized revenue of $7.4 millionRealized gross profit of $3.2 million or 42.5% of total revenuesNet loss of $365,000 or ($0.01) per shareCash and liquid investments of $17.9 million and remained debt-free“Our first quarter results reflect the early impact of the unprecedented combination of a global pandemic, the economic slowdown and reduced demand corresponding to the virtual shutdown of multiple countries, and a...

Dallas, Texas, May 06, 2020 (GLOBE NEWSWIRE) — NL Industries, Inc. (NYSE: NL) today reported net income attributable to NL stockholders of $1.9 million, or $.04 per share, in the first quarter of 2020 compared to net income attributable to NL stockholders of $15.2 million, or $.31 per share, in the first quarter of 2019 primarily due to an unrealized loss of $12.1 million in the first quarter of 2020 related to the change in value of marketable equity securities compared to a $5.5 million unrealized gain in the first quarter of 2019. Net sales at CompX of $32.3 million in the first quarter of 2020 increased $1.1 million compared to the first quarter of 2019 primarily due to higher security products sales to existing government security customers, partially offset by lower sales to transportation and distribution customers. Marine...

FARMERS BRANCH, Texas, May 06, 2020 (GLOBE NEWSWIRE) — ADDvantage Technologies Group, Inc. (NASDAQ: AEY) announced today that it will now release financial results for the six-month period ended March 31, 2020, on Thursday, May 14th, after the close of the markets.Management will host a conference call on Thursday, May 14th, at 4:30 p.m. Eastern Time.The conference call will be available via webcast and can be accessed through the Investor Relations section of ADDvantage’s website, www.addvantagetechnologies.com. Please allow extra time prior to the call to visit the site and download any necessary software to listen to the Internet broadcast. The dial-in number for the conference call is 1-855-327-6837 (domestic) or 1-631-891-4304 (international). All dial-in participants must use the following code to access the call: 10009509....

LA JOLLA, Calif., May 06, 2020 (GLOBE NEWSWIRE) — INmune Bio, Inc. (NASDAQ: INMB), a clinical-stage immunology company focused on developing treatments that harness the patient’s innate immune system to fight disease, today announced that it will host a conference call on May 14, 2020 at 4:30 PM Eastern Time to discuss results for its first quarter ended March 31, 2020.Conference Call InformationTo participate in this event, dial approximately 5 to 10 minutes before the beginning of the call.Date: May 14, 2020Time: 4:30 PM Eastern TimeParticipant Dial-in: 201-389-0923Call me link: Click HereA transcript will follow approximately 24 hours from the schedule call.About INmune Bio, Inc.INmune Bio, Inc. is a publicly traded (NASDAQ: INMB), clinical-stage biotechnology company focused on developing treatments that target the innate immune...

– Net Income of $7.8 million– Adjusted EBITDA1 of $97.7 million CHARLOTTE, N.C., May 06, 2020 (GLOBE NEWSWIRE) — Extended Stay America, Inc. and ESH Hospitality, Inc. (NASDAQ:STAY) (together, the “Company”) today announced consolidated results for the three months ended March 31, 2020.First Quarter 2020 HighlightsNet income of $7.8 millionTotal revenues of $266.3 millionComparable system-wide Revenue Per Available Room (“RevPAR”) declined 5.8% to $43.98Adjusted EBITDA1 of $97.7 millionAdjusted Funds From Operations (“Adjusted FFO”)1 of $0.31 per diluted Paired ShareAdjusted Paired Share Income1 of $0.07 per diluted Paired Share  Comparable system-wide RevPAR index of 107, a 12% increase compared to the first quarter of 2019, with a RevPAR index of 122 in March 2020, a 32% increase compared to March 2019Extended Stay...

HOLMDEL, NJ, May 06, 2020 (GLOBE NEWSWIRE) — Monmouth Real Estate Investment Corporation (NYSE:MNR) reported Net Loss Attributable to Common Shareholders of $75.1 million or $0.77 per diluted share for the three months ended March 31, 2020 as compared to Net Income Attributable to Common Shareholders of $23.8 million or $0.26 per diluted share for the three months ended March 31, 2019, representing a decrease of $98.9 million or $1.03 per diluted share. During the three months ended March 31, 2020, we recognized an $83.1 million unrealized loss or $0.85 per diluted share as compared to a $15.6 million unrealized gain or $0.17 per diluted share for the three months ended March 31, 2019. Funds from Operations (FFO), which excludes unrealized and realized gains or losses from our securities portfolio, for the three months ended March...