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Month: May 2020

Ebix Announces First Quarter Fiscal Year 2020 Financial Results

JOHNS CREEK, Ga., May 11, 2020 (GLOBE NEWSWIRE) — Ebix, Inc. (NASDAQ: EBIX), today announced the following results for the quarter ended March 31, 2020:Diluted EPS (GAAP) of $0.81 and Non-GAAP diluted EPS of $0.96Operating cash flow of $29.6 millionRevenues of $137.9 million and constant currency revenues of $ 141.6 millionGAAP operating income of $34.3 million and Non-GAAP operating income of $39.9 millionEbix will host a conference call to review its results today at 11:00 a.m. EDT (details below).“We are pleased with these results in spite of the headwinds associated with the impact of COVID-19 on our worldwide businesses beginning March 2020. Despite the negative impacts from COVID-19, the Company is still reporting Q1 2020 GAAP EPS of $0.81, operating cash flows of $29.6 million and essentially flat revenues as compared to...

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Deveron Further Expands US Footprint with Acquisition of Texas Agronomy Solutions Firm

TORONTO, May 11, 2020 (GLOBE NEWSWIRE) — Deveron UAS Corp. (CSE: DVR) (“Deveron” or the “Company”) a leading agriculture digital services and insights provider in North America is pleased to announce it has acquired all of the operating assets of Better Harvest Inc., (“Better Harvest”) a Texas, United States based agronomy solutions business. Better Harvest provides unbiased agronomic advice, nitrogen management solutions and optimization of irrigation programs for over 100,000 acres of long-standing customers.  Better Harvest had unaudited reported revenue of $471,769 USD in 2019.Key Highlights of the Transaction:Expands Deveron’s footprint in one of the largest agriculture markets in the United StatesIncreases Deveron’s acres under management by ~100,000 acres or 34%Revenue of $471K USD in 2019; $477K USD in 2018Net Income of...

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Enstar Group Limited legt Ergebnisse für das erste Quartal vor

HAMILTON, Bermuda, May 11, 2020 (GLOBE NEWSWIRE) — Die Enstar Group Limited (Nasdaq: ESGR) hat heute bei der SEC auf Formular 10-Q ihren Quartalsbericht zur Ertrags- und Finanzlage für die drei Monate zum 31. März 2020 eingereicht.Enstar verzeichnete für die drei Monate zum 31. März 2020 einen konsolidierten Nettoverlust von 516,8 Millionen US-Dollar (bzw. einen Verlust von 23,98 US-Dollar je vollständig verwässerter Stammaktie) im Vergleich zu einem konsolidierten Nettogewinn in Höhe von 358,8 Millionen US-Dollar (oder einem Gewinn von 16,57 US-Dollar je vollständig verwässerter Stammaktie) für die drei Monate zum 31. März 2019. Unsere Ergebnisse für die drei Monate zum 31. März 2020 berücksichtigten die Auswirkungen nicht realisierter Anlageverluste in Höhe von 612,6 Millionen US-Dollar aufgrund der Disruption der Finanzmärkte...

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Lánasjóður sveitarfélaga – Útboð LSS150434 og LSS151155

Lánasjóður sveitarfélaga hefur ákveðið að efna til útboðs á skuldabréfum í flokkum LSS150434 og LSS151155 miðvikudaginn 13. maí 2020. Lánasjóðurinn stefnir að því að taka tilboðum að fjárhæð 500 m.kr. að markaðsvirði í LSS151155 og 2.000 m.kr. að markaðsvirði í LSS150434. Lánasjóðurinn áskilur sér rétt til að hækka og lækka útboðsfjárhæð útboðsins, taka hvaða tilboði sem er eða hafna þeim öllum. Lánasjóðurinn hefur boðið aðalmiðlurum sjóðsins Arion banka, Íslandsbanka, Kviku banka og Landsbankanum að taka þátt í útboðinu.Óskað er eftir tilboðum í samræmi við eftirfarandi lýsingu:ViðhengiLánasjóður sveitarfélaga – Útboðsskilmálar LSS34 & LSS55

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VSBLTY JOINS FORCES WITH GLOBAL CYBER SECURITY AND BUILDING SERVICES PROVIDER TO FAST TRACK DEPLOYMENT OF TEMPERATURE SCREENING & SECURITY FOR SMART BUILDINGS

Philadelphia, PA, May 11, 2020 (GLOBE NEWSWIRE) — VSBLTY Groupe Technologies Corp. (CSE: VSBY) (Frankfurt: 5VS) (OTC:VSBGF) (“VSBLTY”), a leading provider of security and retail marketing technology, announced today that they have joined forces with a global cyber security product and building services company to provide advanced camera technology that enhances security and enables COVID-19 temperature screenings before people enter office buildings.The announcement was made by VSBLTY Co-founder & CEO Jay Hutton. “In order to get the economy running again it is critical to assure workplace safety for both employers and employees. We now will have the technology that provides for wellness analysis, capacity management and density metrics to allow for real time building safety. This technology will enable buildings to provide safe...

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Myriad Receives FDA Approval of myChoice CDx® as Companion Diagnostic for Lynparza™ (olaparib) In Patients with Advanced Ovarian Cancer

SALT LAKE CITY, May 11, 2020 (GLOBE NEWSWIRE) — Myriad Genetics, Inc. (NASDAQ: MYGN), a leader in molecular diagnostics and precision medicine, today announced that the U.S. Food and Drug Administration (FDA) approved the myChoice CDx® test for use as a companion diagnostic by healthcare professionals to identify advanced ovarian cancer patients with positive homologous recombination deficiency (HRD) status, who are eligible or may become eligible, for first-line maintenance treatment with Lynparza (olaparib) in combination with bevacizumab. Lynparza (olaparib) is a novel PARP inhibitor jointly developed and commercialized by AstraZeneca (LSE/STO/NYSE: AZN) and Merck, known as MSD outside of the U.S. and Canada. “We congratulate AstraZeneca and Merck on obtaining another FDA approval of Lynparza for women with advanced ovarian cancer,”...

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Corbus Pharmaceuticals Reports First Quarter Financial Results and Corporate Updates

Topline results for lenabasum Phase 3 RESOLVE-1 study in systemic sclerosis remain on schedule for summer of 2020, followed by Phase 2b study data in cystic fibrosisPhase 1 trial of CRB-4001 remains on track to initiate in third quarter of 2020Recent appointment of Dr. Pete Salzmann to Board of DirectorsImplemented COVID-19 mitigation and monitoring plan to ensure patient safety, data integrity and completion of key clinical studiesCompany to host conference call and webcast today, May 11, 2020 at 8:30 a.m. ETNorwood, MA, May 11, 2020 (GLOBE NEWSWIRE) — Corbus Pharmaceuticals Holdings, Inc. (NASDAQ: CRBP) (“Corbus” or the “Company”), a clinical-stage drug development company pioneering transformative medicines that target the endocannabinoid system, today reported financial results for the first quarter of 2020. The Company also...

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Mammoth Energy Services, Inc. Announces First Quarter 2020 Operational and Financial Results

OKLAHOMA CITY, May 11, 2020 (GLOBE NEWSWIRE) — Mammoth Energy Services, Inc. (“Mammoth” or the “Company”) (NASDAQ: TUSK) today reported financial and operational results for the first quarter ended March 31, 2020.Financial Highlights for the First Quarter 2020:Total revenue was $97.4 million for the three months ended March 31, 2020, up from $67.6 million for the three months ended December 31, 2019 and down from $262.1 million for the three months ended March 31, 2019.Net loss for the three months ended March 31, 2020 was $84.0 million, or $1.85 per fully diluted share, as compared to net loss of $60.8 million, or $1.35 per fully diluted share, for the three months ended December 31, 2019 and net income of $28.3 million, or $0.63 per fully diluted share, for the three months ended March 31, 2019.Adjusted net loss (as defined and...

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SEACOR Marine Announces First Quarter 2020 Results

HOUSTON, May 11, 2020 (GLOBE NEWSWIRE) — SEACOR Marine Holdings Inc. (NYSE:SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore oil and natural gas and wind farm facilities worldwide, today announced results for its first quarter ended March 31, 2020.Notable first quarter items include:Average dayrates, excluding those for the crew transfer vessel fleet, increased to $11,157 in the first quarter of 2020 from $11,071 in the fourth quarter of 2019. The improved average dayrates reflect the change in the Company’s fleet mix over the period. SEACOR Marine closed its acquisition of the remaining minority interests in Falcon Global Holdings LLC, increasing its ownership stake to 100%. Obtaining full ownership of the liftboat fleet will allow SEACOR Marine to manage the...

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