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Day: June 2, 2020

Microchip Technology to Present at the 4th Annual Needham Virtual Automotive Tech Conference

CHANDLER, Ariz., June 02, 2020 (GLOBE NEWSWIRE) — (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today that the Company will present at the 4th Annual Needham Virtual Automotive Tech Conference on Wednesday, June 3, 2020, at 10:30 a.m. (Eastern Time).  Presenting for the Company will be Mr. Ganesh Moorthy, President and Chief Operating Officer.  A live webcast of the presentation will be made available by Needham, and can be accessed on the Microchip website at www.microchip.com.Any forward looking statements made during the presentation are qualified in their entirety by the discussion of risks set forth in the Company’s Securities and Exchange Commission filings.  Copies of SEC filings can be obtained for free at the SEC’s website...

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Microchip Technology Updates Financial Guidance for First Quarter Fiscal 2021

CHANDLER, Ariz., June 02, 2020 (GLOBE NEWSWIRE) — (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today updated the range of its prior guidance for net sales and GAAP and non-GAAP earnings per share for its fiscal first quarter of 2021 ending June 30, 2020.  Microchip now expects consolidated net sales for the June quarter to be $1.247 billion to $1.326 billion, or between flat and down 6% sequentially with a mid-point of down 3.0%.  Microchip previously provided guidance on May 7, 2020 for consolidated net sales to be $1.194 billion to $1.3 billion or down between 2% and 10% sequentially, with a midpoint of down 6%.  GAAP earnings per share is now expected to be between $0.25 and $0.39 and non-GAAP earnings per share is expected to be between $1.35...

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Festi hf.:Tilkynning frá Arion banka samkvæmt samning um viðskiptavakt

Þann 12. mars sl. birti Festi tilkynningu frá Arion banka um að bankinn myndi beita heimild í samningi um viðskiptavakt sem heimilar að víkja frá skilyrðum samningsins í óviðráðanlegum aðstæðum.Arion banki hefur nú tilkynnt Festi að þrátt fyrir sérstakar aðstæður á mörkuðum hafi bankinn uppfyllt skyldur sínar sem viðskiptavaki samkvæmt samningnum að öðru leyti en um verðbil. Að mati bankans er ekki lengur fyrir hendi þörf á að beita ákvæði samningsins um frestun á skyldum vegna óviðráðanlegra atvika og gilda því ákvæði hans um verðbil og fjárhæðir nú að nýju.Nánari upplýsingar veitir Eggert Þór Kristófersson, forstjóri Festi (eggert@festi.is) og Magnús Kr. Ingason framkvæmdastjóri fjármálasviðs Festi (mki@festi.is).

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GameStop Announces Change of Location of Annual Meeting of Stockholders to Be Held on June 12, 2020

GRAPEVINE, Texas, June 02, 2020 (GLOBE NEWSWIRE) — GameStop Corp. (NYSE: GME), today announced a change in the meeting location for the Company’s Annual Meeting of Stockholders scheduled for Friday, June 12, 2020 at 8:00 a.m. Central Daylight Time from the Hilton Southlake Town Square located at 1400 Plaza Place, Southlake, Texas, 76092 to 633 Westport Parkway, Grapevine, Texas 76051.  For additional information regarding the Annual Meeting, please refer to the Company’s proxy materials filed with the Securities and Exchange Commission, including the Company’s definitive proxy statement filed on April 28, 2020.As described in the proxy materials for the Annual Meeting, stockholders are entitled to attend and vote at the Annual Meeting only if they held shares as of the close of business on April 20, 2020, the record date designated...

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Appian Corporation to Present at William Blair Virtual Growth Stock Conference

MCLEAN, Va., June 02, 2020 (GLOBE NEWSWIRE) — Appian Corporation (NASDAQ: APPN), today announced that management will present at the William Blair Virtual Growth Stock Conference. The presentation is scheduled for Tuesday, June 9th at 8:00 a.m. ET.The presentation will be webcast live, and the replay will be available for a limited time under the “News & Events” section on the company’s investor relations website (http://investors.appian.com).About AppianAppian (NASDAQ: APPN) provides a low-code automation platform that accelerates the creation of high-impact business applications. Many of the world’s largest organizations use Appian applications to improve customer experience, achieve operational excellence, and simplify global risk management and compliance. For more information, visit www.appian.com.Investor RelationsScott...

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PennantPark Investment Corporation Announces Quarterly Distribution of $0.12 per Share

NEW YORK, June 02, 2020 (GLOBE NEWSWIRE) — PennantPark Investment Corporation (the “Company”) (NASDAQ: PNNT) declares its third fiscal quarter 2020 distribution of $0.12 per share, payable on July 1, 2020 to stockholders of record as of June 17, 2020. The distribution is expected to be paid from taxable net investment income. The final specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company’s periodic report filed with the Securities and Exchange Commission.ABOUT PENNANTPARK INVESTMENT CORPORATIONPennantPark Investment Corporation is a business development company which principally invests in U.S. middle-market private companies in the form of first lien secured debt, second lien secured debt, subordinated debt and equity...

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AMSC Reports Fourth Quarter and Full Fiscal Year 2019 Financial Results and Provides Business Outlook

AYER, Mass., June 02, 2020 (GLOBE NEWSWIRE) — AMSC (Nasdaq: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™, and that protect and expand the capability and resiliency of our Navy’s fleet, today reported financial results for its fourth quarter and full fiscal year 2019 ended March 31, 2020.Revenues for the fourth quarter of fiscal 2019 were $18.1 million compared with $14.6 million for the same period of fiscal 2018. The year-over-year increase was primarily driven by higher Grid segment revenues. AMSC’s net loss for the fourth quarter of fiscal 2019 was $5.9 million, or $0.27 per share, compared to net loss of $8.4 million, or $0.41 per share, for the same period of fiscal 2018.  The Company’s non-GAAP net loss for the fourth quarter of...

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Atlantic Union Bankshares Corporation Prices $150 Million Preferred Stock Depositary Share Offering

RICHMOND, Va., June 02, 2020 (GLOBE NEWSWIRE) — Atlantic Union Bankshares Corporation (the “Company”) today announced the pricing of an offering (the “Offering”) of 6,000,000 Depositary Shares, each representing a 1/400th ownership interest in a share of its 6.875% Perpetual Non-Cumulative Preferred Stock, Series A, par value $10.00 per share (“Series A preferred stock”), with a liquidation preference of $10,000 per share of Series A preferred stock (equivalent to $25 per Depositary Share), at an aggregate offering price of $150 million. In connection with the Offering, the Company has granted the underwriters an option for 30 days to purchase up to an additional 900,000 Depositary Shares. The Offering is expected to close on June 9, 2020, subject to customary closing conditions. We have filed an application to list the Depositary...

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HealthEquity Reports First Quarter Ended April 30, 2020 Financial Results

Highlights of the first quarter include:Revenue of $190.0 million, an increase of 118% compared to $87.1 million in Q1 FY20.Net income of $1.8 million, with non-GAAP net income of $30.8 million, an increase of 12% compared to non-GAAP net income of $27.4 million in Q1 FY20.Net income per diluted share of $0.03, with non-GAAP net income per diluted share of $0.43 in both Q1 FY21 and Q1 FY20.Adjusted EBITDA of $63.0 million, an increase of 62% compared to $38.9 million in Q1 FY20.5.4 million HSAs, an increase of 33% compared to Q1 FY20.$11.5 billion Total HSA Assets, an increase of 38% compared to Q1 FY20.12.7 million Total Accounts, including both HSAs and complementary CDB accounts, an increase of 169% compared to Q1 FY20.DRAPER, Utah, June 02, 2020 (GLOBE NEWSWIRE) — HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity”...

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Merus participera à une discussion informelle lors de la Jefferies Virtual Healthcare Conference

UTRECHT, Pays-Bas et CAMBRIDGE, Massachusetts, 02 juin 2020 (GLOBE NEWSWIRE) — Merus N.V. (Nasdaq : MRUS) (« Merus », la « Société », « nous » ou « notre »), une société d’oncologie au stade clinique qui développe des anticorps multispécifiques de pleine longueur innovants (Biclonics® et Triclonics™), a annoncé aujourd’hui que Bill Lundberg, M.D., président-directeur général, participera à une discussion informelle lors de la Jefferies Virtual Healthcare Conference qui se tiendra le mercredi 3 juin 2020, à 15 h 30. HNE.Une diffusion en direct de la présentation sera disponible sur la page consacrée aux investisseurs et aux médias du site Web de la Société, http://www.merus.nl. Une rediffusion de la présentation sera archivée et disponible sur le site Web de Merus pendant une durée limitée après l’événement.À propos...

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