Day: May 12, 2020

LOS ANGELES, May 12, 2020 (GLOBE NEWSWIRE) — Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced financial results for fiscal year ended December 31, 2019.Key Financial Highlights:Revenues for the year ended December 31, 2019 were $21.9 million, as compared to $81.1 million in the fiscal year for 2018.Gross Profit was $1.2 million in 2019, as compared to $15.3 million in 2018.Net loss from continuing operations was $6.1 million in 2019, as compared to a $5.2 million profit in 2018.The key financial highlights exclude Bright Swallow International Group Limited.  As of December 31, 2019, operations of Bright Swallow were reported as discontinued operations in the consolidated financial statements for all periods presented. Accordingly, assets, liabilities, revenues, expenses and cash flows related...

NEW YORK, May 12, 2020 (GLOBE NEWSWIRE) —Total revenue of $28.0 million compared to $35.9 million in the prior year quarter.GAAP Operating Loss – $4.9 million as compared to income of $18.4 million in the prior year quarter.Adjusted EBITDA of $11.6 million, compared to $18.4 million in the prior year quarter.Signed 41 license deals during 2020, representing $24 million of aggregate guaranteed minimum royalties over the life of these contracts.Improved cost structure, decreasing SG&A cost 5% from prior year quarter.Iconix Brand Group, Inc. (Nasdaq: ICON) (“Iconix” or the “Company”) today reported financial results for the first quarter ended March 31, 2020.Bob Galvin, CEO commented, “While we began 2020 focused on the continued stabilization of our business and our operational cost structure, the...

Repotrectinib Granted Fast Track Designation in ROS1-Positive Advanced Non-Small Cell Lung Cancer Patients Not Previously Treated with a ROS1 Tyrosine Kinase Inhibitor First Quarter Progress with Site Activations and Patient Enrollment Across Four Ongoing Clinical Trials including Registrational Phase 2 TRIDENT-1 Study with Approximately 50 Percent of Clinical Trial Sites Now Activated Preclinical Data for TPX-0046 Accepted for Presentation at the American Society of Clinical Oncology (ASCO) Virtual Annual Meeting on May 29 Preclinical Data Highlighting Repotrectinib Combinations and ALK-Inhibitor Candidate TPX-0131 to be Presented at American Association for Cancer Research (AACR) Virtual Annual Meeting, June 22-24 Cash, Cash Equivalents, and Marketable Securities of $381 Million Expected to Fund Current Operations into 2022SAN DIEGO,...

MONTREAL, May 12, 2020 (GLOBE NEWSWIRE) — Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) is pleased to announce a second quarter 2020 dividend of C$0.05 per common share. The dividend will be paid on July 15, 2020 to shareholders of record as of the close of business on June 30, 2020.For shareholders residing in the United States, the U.S. dollar equivalent will be determined based on the daily rate published by the Bank of Canada on June 30, 2020. This dividend is an “eligible dividend” as defined in the Income Tax Act (Canada).The Company also wishes to remind its shareholders that it has implemented a dividend reinvestment plan (the “Plan”). Shareholders who are residents of Canada and the United States may elect to participate in the Plan in connection with the dividend to be paid on...

MONTREAL, 12 mai 2020 (GLOBE NEWSWIRE) — Redevances Aurifères Osisko Ltée (la « Société » ou « Osisko ») (TSX et NYSE : OR) a le plaisir d’annoncer un dividende pour le deuxième trimestre de 2020 de 0,05 $ CAD par action ordinaire. Le dividende sera payé le 15 juillet 2020 aux actionnaires inscrits aux registres en date du 30 juin 2020 à la fermeture des bureaux.Pour les actionnaires résidant aux États-Unis, le dollar américain équivalent sera déterminé en fonction du taux de change journalier publié par la Banque du Canada le 30 juin 2020. Ce versement de dividende est considéré comme un dividende déterminé, tel que défini par la Loi de l’impôt sur le revenu (Canada).La Société souhaite aussi rappeler à ses actionnaires inscrits au Canada et aux États-Unis qu’elle a mis en place un régime de réinvestissement des dividendes...