Day: May 14, 2020

Atreca Reports First Quarter 2020 Financial Results and Recent Corporate Developments

Written by Customer Service on May 14, 2020. Posted in Public Companies.

SOUTH SAN FRANCISCO, Calif., May 14, 2020 (GLOBE NEWSWIRE) — Atreca, Inc. (Atreca) (NASDAQ: BCEL), a clinical-stage biotechnology company focused on developing novel therapeutics generated through a unique discovery platform based on interrogation of the active human immune response, today announced financial results for the first quarter ended March 31, 2020, and provided an overview of recent developments.“While the COVID-19 pandemic has presented unexpected challenges, we continue to execute on our pipeline and business strategy, and we look forward to further progress throughout 2020,” said John Orwin, Chief Executive Officer. “Patients continue to be enrolled and treated in our Phase 1b dose-escalation clinical trial evaluating ATRC-101 in multiple solid tumors. In addition, we believe our recently announced alliance with BeiGene...

Laredo Petroleum Announces 1-For-20 Reverse Stock Split

Written by Customer Service on May 14, 2020. Posted in Public Companies.

TULSA, Okla., May 14, 2020 (GLOBE NEWSWIRE) — Laredo Petroleum, Inc. (NYSE: LPI) (“Laredo” or “the Company”), today announced that at the Company’s Annual Meeting, its stockholders voted to approve a proposal authorizing the Company, at the discretion of the Board of Directors, to effect (i) a reverse stock split of the Company’s common stock at a ratio ranging from 1-for-5 to 1-for-20 of shares currently outstanding and (ii) a corresponding reduction in the number of authorized shares of the Company’s common stock.Following the Company’s Annual Meeting, the Board of Directors approved a 1-for-20 reverse stock split ratio. The reverse stock split is expected to become effective on or about June 1, 2020. If completed, the Company’s stockholders will receive one new share of Laredo...

Bionano Genomics to Report First Quarter 2020 Financial Results on June 18, 2020

Written by Customer Service on May 14, 2020. Posted in Public Companies.

SAN DIEGO, May 14, 2020 (GLOBE NEWSWIRE) — Bionano Genomics, Inc. (NASDAQ: BNGO), a life sciences instrumentation company that develops and markets Saphyr®, a platform for ultra-sensitive and ultra-specific structural variation detection in genome analysis, today announced that the company is relying on the order issued by the U.S. Securities and Exchange Commission to delay the filing of its Quarterly Report on Form 10-Q for the quarter ended March 31, 2020 due to circumstances related to the COVID-19 pandemic. The company plans to file the Form 10-Q and report its financial results for the quarter ended March 31, 2020 on June 18, 2020. In addition, due to uncertainties regarding the duration and impact of the COVID-19 pandemic, the company is suspending any guidance, anticipated timelines or other outlooks previously provided...

Image Sensing Systems, Inc. Announces 2020 First Quarter Results

Written by Customer Service on May 14, 2020. Posted in Public Companies.

SAINT PAUL, Minn., May 14, 2020 (GLOBE NEWSWIRE) — Image Sensing Systems, Inc. (Nasdaq: ISNS) today announced results for its quarter ended March 31, 2020.First Quarter 2020 Financial SummaryFirst quarter royalties were $2.1 million, an increase of 20 percent from the same period in the prior year.First quarter product sales were $1.1 million, a decrease of 35 percent from the same period in the prior year.Operating expenses totaled $2.8 million in the first quarter of 2020, an increase of 23 percent from the prior year period.Capitalized software costs in the first quarter were $22,000 compared to $419,000 in the prior year period.Net loss for the first quarter of 2020 totaled $111,000 compared to net income of $308,000 for the same period in the prior year.Cash balance increased to $5.4 million, up from $5.1 million at the end...

K92 Mining Inc. Releases Strong 2020 Q1 Financial Results

Written by Customer Service on May 14, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, May 14, 2020 (GLOBE NEWSWIRE) — K92 Mining Inc. (“K92” or the “Company”) (TSXV: KNT; OTCQB: KNTNF) is pleased to announce results from its financial statements for the three months ended March 31, 2020.

ECN Capital Reports US$0.06 in Adjusted Earnings per Common Share in Q1-2020

Written by Customer Service on May 14, 2020. Posted in Public Companies.

TORONTO, May 14, 2020 (GLOBE NEWSWIRE) — ECN Capital Corp. (TSX: ECN) (“ECN Capital” or the “Company”) today reported financial results for the three-month period ended March 31, 2020.For the three-month period ended March 31, 2020, ECN Capital reported Adjusted net income applicable to common shareholders from continuing operations of $14.5 million or $0.06 per share (basic) versus $18.5 million or $0.08 per share (basic) for the previous three-month period ended December 31, 2019 and $12.6 million or $0.05 per share (basic) for the same period last year.“ECN had strong Q1 earnings of $0.06, in line with our guidance of $0.06 – $0.07,” said Steven Hudson, CEO of ECN Capital Corp. “We never expected to have the sort of stress test we are all getting from Covid-19, but we are very pleased with the resiliency of each of our...

IntelGenx Reports First Quarter 2020 Financial Results

Written by Customer Service on May 14, 2020. Posted in Earnings Releases And Operating Results.

SAINT LAURENT, Quebec, May 14, 2020 (GLOBE NEWSWIRE) — IntelGenx Technologies Corp. (TSX V:IGX)(OTCQB:IGXT) (the “Company” or “IntelGenx”) today reported financial results for the first quarter ended March 31, 2020. All dollar amounts are expressed in U.S. currency, unless otherwise indicated, and results are reported in accordance with United States generally accepted accounting principles except where noted otherwise.2020 First Quarter Financial Summary:Revenue was $202,000, compared to $416,000 in the 2019 first quarterAdjusted EBITDA was ($1.9 million), compared to ($2.1 million) in Q1-2019Cash and short-term investments totaled $4.4 million as at March 31, 2020Recent Developments:Announced a performance improvement program focused on generating near-term revenue, preserving the Company’s resources, extending...

CohBar Reports First Quarter 2020 Financial Results and Provides Business Update

Written by Customer Service on May 14, 2020. Posted in Earnings Releases And Operating Results.

MENLO PARK, Calif., May 14, 2020 (GLOBE NEWSWIRE) — CohBar, Inc. (NASDAQ: CWBR), a clinical stage biotechnology company developing mitochondria based therapeutics to treat chronic diseases and extend healthy lifespan, today reported its financial results for the first quarter ended March 31, 2020.“I am pleased to share with you that since my arrival at CohBar last May, we have expanded the number of programs from two to five with the newest targeting COVID-19 associated acute respiratory distress syndrome (ARDS),” said Steven Engle, CohBar’s Chief Executive Officer. “Recently, we announced that we have a new target for our CB5064 apelin agonist program, which is COVID-19 associated ARDS, an underlying disease that lacks adequate therapies. We are excited because published preclinical studies have shown that apelin can reduce the...

Eton Pharmaceuticals Announces First Quarter 2020 Financial Results

Written by Customer Service on May 14, 2020. Posted in Earnings Releases And Operating Results.

DEER PARK, Ill., May 14, 2020 (GLOBE NEWSWIRE) — Eton Pharmaceuticals, Inc (Nasdaq: ETON), a specialty pharmaceutical company focused on developing and commercializing innovative drug products, today reported financial results for the first quarter ended March 31, 2020 and provided an update on business progress.“The first quarter was an exciting period for Eton. We acquired marketing rights to orphan drug Alkindi Sprinkle and strengthened our balance sheet with an additional $9.8 million of liquidity,” said Sean Brynjelsen, CEO of Eton Pharmaceuticals. “While COVID-19 has impacted our Biorphen commercial launch, we remain in a strong financial position and we look forward to the potential for multiple additional product launches later this year.”First Quarter MilestonesAcquired U.S. marketing rights to Alkindi® Sprinkle. Eton acquired...

PeerStream Name Change to Paltalk, Inc. and New Ticker Symbol, “PALT” Effective Friday, May 15, 2020

Written by Customer Service on May 14, 2020. Posted in Public Companies.

NEW YORK, NY, May 14, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — PeerStream, Inc. (“PeerStream,” the “Company,” “we,” “our” or “us”) (OTCQB: PEER), a leading communications software innovator that powers multimedia social applications and developer of secure communications software, today announced that the Company’s corporate name has been changed from “PeerStream, Inc.” to “Paltalk, Inc.,” effective Friday, May 15, 2020, and that the change of its ticker symbol from “PEER” to “PALT” has been approved by the Financial Industry Regulatory Authority (FINRA). The Company’s common stock will continue to trade on the OTC Markets and begin trading under the new ticker symbol (OTCQB: PALT) (CUSIP 69764K106), effective at the opening of trading hours on Friday, May 15, 2020.As previously announced, the corporate name change reflects...

Day: May 14, 2020

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