Month: May 2020

CALGARY, Alberta, May 21, 2020 (GLOBE NEWSWIRE) — Appulse Corporation (“Appulse”) (Listed on the TSX Venture Exchange – Symbol ‘APL’) today reported a net income of $99,000 for the three months ended March 31, 2020 with revenues of $2,436,000, compared to a net income of $64,000 and revenues of $2,450,000 for the same three-month period of the previous year. Operating cash flow (net income for the period adjusted for items not involving cash) for the quarter ended March 31, 2020 of $236,000 compares to operating cash flow of $212,000 for the same three-month period of 2019.A reduction of approximately 11% in parts and service revenues compared to the same quarter of the prior year was offset by an increase in machine sales. First quarter machine sales combined with purchase orders now in hand for 2020 delivery total approximately...

TEL-AVIV, Israel, May 21, 2020 (GLOBE NEWSWIRE) — B Communications Ltd. (NASDAQ Global Select Market and TASE: BCOM), a holding company with a controlling interest in Israel’s largest telecommunications provider, Bezeq, The Israel Telecommunication Corporation Limited (“Bezeq”) (TASE: BEZQ), today reported its financial results for the first quarter of 2020.Comments of Tomer Raved, CEO of B Communications:“This has been an unusual quarter due to the outbreak of the novel coronavirus pandemic (“COVID-19”). Our thoughts and our prayers are with all of those affected by COVID-19 around the world. As countries and companies around the world respond to the COVID-19 pandemic, we are encouraged to see the Israeli market gradually reopening and we continue to evaluate potential implications for our business and take various actions to manage...

– Provides Business Update Related to COVID-19 –– Optimized Balance Sheet Provides Stability and Liquidity –– Conference Call with Accompanying Slide PresentationScheduled Today at 4:30 PM ET –RESEARCH TRIANGLE PARK, N.C., May 21, 2020 (GLOBE NEWSWIRE) — Charles & Colvard, Ltd. (Nasdaq: CTHR) (the “Company”), the original and leading worldwide source of created moissanite, reported financial results for the quarter ended March 31, 2020 (“Third Quarter Fiscal 2020”), with net sales of $6.5 million and net loss of $6.2 million, or $0.21 loss per diluted share, which included the write-off of $5.3 million of inventory associated with the Company’s legacy silicon carbide (SiC) material.Suzanne Miglucci, President and CEO of Charles & Colvard, said, “During these challenging times, we remain...

NEW YORK, May 21, 2020 (GLOBE NEWSWIRE) — New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT,” the “Company,” “we,” “our” or “us”) today reported results for the three months ended March 31, 2020.Summary of First Quarter 2020:(dollar amounts in thousands, except per share data)(1) Economic return on book value is based on the periodic change in GAAP book value per common share plus dividends declared per common share, if any, during the period.Key Developments First Quarter of 2020:Experienced unprecedented market conditions resulting from the COVID-19 pandemic. In response, the Company took the following actions to manage its portfolio through the disruption and improve its liquidity:Sold all of our first loss multi-family POs and certain mezzanine CMBS securities issued by the Consolidated K-Series for total sales proceeds of...

Southfield, Michigan, May 21, 2020 (GLOBE NEWSWIRE) — Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we expect to issue a news release with our first quarter 2020 results on Wednesday, May 27, 2020, after the market closes. A webcast is scheduled for Wednesday, May 27, 2020, at 5:00 p.m. Eastern Time to discuss first quarter 2020 results.  The webcast can be accessed live by visiting the “Investor Relations” section of our website at ir.creditacceptance.com or by dialing 877-303-2904.  Additionally, a replay and transcript of the webcast will be archived in the “Investor Relations” section of our website. Description of Credit Acceptance CorporationSince 1972, Credit Acceptance has offered financing programs that enable automobile dealers...