Month: May 2020

Weyland Tech Reports Revenue up 76% to Record $15.0 Million in Q1 2020

Written by Customer Service on May 15, 2020. Posted in Public Companies.

NEW YORK, May 15, 2020 (GLOBE NEWSWIRE) — Weyland Tech, Inc. (OTCQX: WEYL), a leading global provider of mCommerce platform-as-a-service (PaaS), reported results for the first quarter ended March 31, 2020. All quarterly comparisons are to the same year-ago period unless otherwise noted.Q1 Financial HighlightsRevenue increased 76% to a record $15.0 million. The increase was due to a $3.3 million or 38% increase in subscription revenue generated by the company’s CreateApp B2B mCommerce platform and $3.2 million contributed by its new Push Interactive subsidiary acquired on January 8, 2020.Consolidated gross profit increased 75% to $2.6 million or 17.7% of consolidated revenue. Cash and cash equivalents and restricted cash totaled $4.0 million at March 31, 2020.Q1 2020 Operational HighlightsAcquired the assets and operations of Push...

Crawford United Corporation Announces First Quarter 2020 Results

Written by Customer Service on May 15, 2020. Posted in Public Companies.

CLEVELAND, May 15, 2020 (GLOBE NEWSWIRE) — Crawford United Corporation (OTC: CRAWA), a growth-oriented holding company serving diverse markets, today reported results for the three-month period ended March 31, 2020.For the quarter, sales were $25.3 million compared with $21.8 million in the same period last year, an increase of 16%. In this quarter, the Company recorded operating income of $3.1 million compared with operating income of $2.6 million in the same period last year, an increase of 22%. The increases in sales and operating income were primarily related to the acquisition of Marine Products International in January. Net income was $2.1 million, or $0.63 per fully diluted share, compared to $1.7 million, or $0.55 per fully diluted share in the same period last year, an increase of 19%. Brian Powers, Chairman and CEO,...

Datametrex Announces Sale of COVID-19 Test Kit to Canadian Mining Company

Written by Customer Service on May 15, 2020. Posted in Public Companies.

TORONTO, May 15, 2020 (GLOBE NEWSWIRE) — Datametrex AI Limited (the “Company” or “Datametrex”) (TSXV: DM, FSE: D4G, OTC: DTMXF) is pleased to announce it has received a purchase order for (the “PO”) COVID-19 test kits from a Canadian based mining company with over 4,000 employees in multiple jurisdictions outside of Canada.Under the terms of the PO, Datametrex will sell to the purchaser an initial 10,000 units of COVID-19 Detection Kits, comprising of 10,000 3 mL Universal Transport Medium (UTM®) Sterile Swabs with 16x100mm Skirted Tubes with Plastic Red Capture Caps, and 1 Real-Time PCR Detection System machine to analyze the samples. The total gross sales amount is approximately $500,000 CDN, excluding shipping. Datametrex anticipates that it will have little or no upfront costs associated with the sale of these test kits. The...

Global Atomic Closes C$3.3M Financing

Written by Customer Service on May 15, 2020. Posted in Public Companies.

TORONTO, May 15, 2020 (GLOBE NEWSWIRE) — Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) announced today it has raised gross proceeds of C$3,323,000 pursuant to the closing of a non-brokered private placement of 5,538,335 Units at a price of C$0.60. Units consist of one common share and one-half common share purchase warrant exercisable at C$0.85 for a period of two years from closing, subject to accelerated expiry should Global Atomic Corporation common shares close at or above C$1.10 on the Toronto Stock Exchange for twenty (20) consecutive trading days.A cash finder’s fee equal to 5% of cash raised and finder’s warrants equal to 5% of common shares placed was paid pursuant to the closing of certain orders for a total of $114,400 and 149,000 finders warrants. Finder’s warrants...

Badger Daylighting Ltd. May 2020 Cash Dividend

Written by Customer Service on May 15, 2020. Posted in Dividend Reports And Estimates.

CALGARY, Alberta, May 15, 2020 (GLOBE NEWSWIRE) — Badger Daylighting Ltd. (“Badger”) is pleased to announce its May 2020 cash dividend.May 2020 Cash DividendBadger today announced that the directors of Badger declared a cash dividend for the month of May 2020 of $0.05 per share, which equates to $0.60 per share on an annualized basis. Payment will be made on or about June 15, 2020, to shareholders of record on May 29, 2020.Badger expects that the dividend will be an “eligible dividend” for Canadian income tax purposes and thus qualify for the enhanced gross-up and tax credit regime for certain shareholders.About Badger Daylighting Ltd.Badger Daylighting Ltd. (TSX:BAD) is North America’s largest provider of non-destructive excavating services. Badger traditionally works for contractors and facility owners in a broad range of infrastructure...

Allied Announces May 2020 Distribution

Written by Customer Service on May 15, 2020. Posted in Dividend Reports And Estimates.

TORONTO, May 15, 2020 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.1375 per unit for the month of May 2020, representing $1.65 per unit on an annualized basis. The distribution will be payable on June 15, 2020, to unitholders of record as at May 29, 2020.Allied is a leading owner, manager and developer of (i) distinctive urban workspace in Canada’s major cities and (ii) network-dense urban data centres in Toronto that form Canada’s hub for global connectivity. Allied’s business is providing knowledge-based organizations with distinctive urban environments for creativity and connectivity.FOR FURTHER INFORMATION, PLEASE CONTACT:Michael R. EmoryPresident and Chief Executive Officer(416) 977-9002memory@alliedreit.comCecilia C. WilliamsExecutive...

Sienna Announces May Dividend

Written by Customer Service on May 15, 2020. Posted in Public Companies.

MARKHAM, Ontario, May 15, 2020 (GLOBE NEWSWIRE) — Sienna Senior Living Inc. (“Sienna” or the “Company”) (TSX: SIA) today announced a dividend of $0.078 per common share of the Company (each, a “Common Share”) for the month of May 2020, representing $0.936 per Common Share on an annualized basis.The dividend will be payable on June 15, 2020 to shareholders of record as at May 29, 2020. The Company’s dividends are designated as eligible dividends for Canadian tax purposes in accordance with subsection 89(14) of the Income Tax Act (Canada), and any applicable corresponding provincial and territorial legislation.ABOUT SIENNA SENIOR LIVINGSienna Senior Living Inc. (TSX:SIA) offers a full range of seniors’ living options, including independent living, assisted living, long-term care, and specialized programs and services. Sienna’s...

LogistiCare Partners with The Salvation Army Kroc Center in Camden

Written by Customer Service on May 15, 2020. Posted in Public Companies.

Camden, NJ, May 15, 2020 (GLOBE NEWSWIRE) — LogistiCare, the nation’s largest non-emergency medical transportation company and the contracted transportation vendor for New Jersey Medicaid participants, is partnering with The Salvation Army Kroc Center in Camden to use the company’s temporary, excess capacity to deliver emergency food to Camden area residents who need help most during the COVID-19 pandemic. The food delivery program which started May 8, utilizes the services of LogistiCare’s transportation provider, SJSL Specialty Transport, to deliver food to food-insecure members of the community, who would have previously relied on public transportation to get to the store or pantry, or who would have gone without. During the COVID-19 crisis, many individuals report that they are afraid to venture out to source food and...

American Airlines to Webcast Presentations at Wolfe Research and Bernstein Conferences

Written by Customer Service on May 15, 2020. Posted in Public Companies.

FORT WORTH, Texas, May 15, 2020 (GLOBE NEWSWIRE) — American Airlines Group Inc. (NASDAQ: AAL) President Robert Isom will present via webcast at the 2020 Wolfe Research Conference Tuesday, May 19, at 11:15 a.m. EDT.American will also present via webcast at the 2020 Bernstein Strategic Decisions Conference Wednesday, May 27, at 1:30 p.m. EDT.A live audio webcast of both conferences will be available at aa.com/investorrelations.About American Airlines GroupAmerican’s purpose is to care for people on life’s journey. Shares of American Airlines Group Inc. trade on Nasdaq under the ticker symbol AAL and the company’s stock is included in the S&P 500. Learn more about what’s happening at American by visiting news.aa.com and connect with American on Twitter @AmericanAir and at Facebook.com/AmericanAirlines.Investor Relationsinvest...

Q1-2020 Net Revenues increase 77% over Q4-2019 to $1.2M

Written by Customer Service on May 15, 2020. Posted in Public Companies.

NEW HAVEN, Conn., May 15, 2020 (GLOBE NEWSWIRE) — Specialty cancer diagnostics company Precipio, Inc. (NASDAQ: PRPO), filed its form 10Q for the period ending March 31st, 2020. Within the report, the company showed a 77% net revenue increase from $0.7M in the prior quarter, to $1.2M in Q1-2020. The increase in revenues were driven by several factors outlined below, including the increased productivity of the company’s sales force, as well as the pharma project conducted by Precipio. Additionally, management presents the analysis of six key sales metrics that demonstrate the positive impact of their sales force expansion improving sales performance.Metric #1Pathology services net revenue increased 27% in Q1-2020 vs. Q4-2019 and 51% vs. Q1-2019. Part of Precipio’s revenue increase resulted from internalizing several molecular tests...

Month: May 2020

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