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Day: July 28, 2020

Hawkins, Inc. Reports First Quarter Fiscal 2021 Results; Announces Acquisition of American Development Corporation of Tennessee

MINNEAPOLIS, July 28, 2020 (GLOBE NEWSWIRE) — Hawkins, Inc. (Nasdaq: HWKN) today announced results for its fiscal 2021 first quarter ended June 28, 2020. Highlights include:Ninth consecutive quarter of year-over-year operating income growth, with record operating income of $15.9 million, an increase of 14% over the $14.0 million recorded in the first quarter of the prior year. Sales of $143.2 million for the first quarter, a decrease of 3% from the first quarter of fiscal 2020, with strong growth of 11% in our Health and Nutrition segment. Record first quarter net income of $11.8 million, an increase of 20%, compared to $9.8 million in the prior year.Record first quarter diluted earnings per share (EPS) of $1.11, which was $0.19, or 21%, higher than EPS of $0.92 in the first quarter of fiscal 2020.Acquisition of American Development...

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Bulzi Selects Draganfly to be its Sole Provider of Drones and Aerial Sensors for DoD Base Security Development Projects

Los Angeles, CA, July 28, 2020 (GLOBE NEWSWIRE) — Draganfly Inc. (CSE: DFLY) (OTCQB: DFLYF) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading manufacturer within the commercial Unmanned Aerial Vehicle (“UAV”), Remotely Piloted Aircraft Systems (“RPAS”), and Unmanned Vehicle Systems (“UVS”) sectors, is pleased to announce that Bulzi, LLC,(“Bulzi”) has signed a memorandum of understanding to use Draganfly’s drones and aerial sensors for their Department of Defense (“DoD”) Base Security development projects.Bulzi is a human geospatial intelligence technology and services company based in Newport Beach, CA. Bulzi has been awarded multiple Small Business Innovation Research (SBIR) contracts with US DoD agencies for the purpose of adapting its commercial technologies to enhance US military base security. Utilizing...

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Worthington Industries to Present at Jefferies 2020 Virtual Industrials Conference – August 5, 2020

COLUMBUS, Ohio, July 28, 2020 (GLOBE NEWSWIRE) — Worthington Industries, Inc. (NYSE: WOR) announced today that Andy Rose, President, and Joe Hayek, Vice President and CFO, will present at Jefferies 2020 Virtual Industrials Conference on Aug. 5 at 8:35 a.m. ET. They will provide investors with an update on the Company’s operations, financial performance and growth strategy.A live webcast of the event can be accessed at http://wsw.com/webcast/jeff133/wor/ or on the Worthington Industries website at ir.worthingtonindustries.com and will be available for one year. About Worthington IndustriesWorthington Industries (NYSE:WOR) is a leading industrial manufacturing company delivering innovative solutions to customers that span many industries including transportation, construction, industrial, agriculture, retail and energy. Worthington...

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Mohawk Industries, Inc. Second Quarter 2020 Earnings Call

CALHOUN, Ga., July 28, 2020 (GLOBE NEWSWIRE) — As previously disclosed on June 29, 2020, the Company received an amended complaint related to the stockholder litigation that was previously filed on January 5, 2020. The Company’s independent audit committee authorized both outside legal counsel and forensic accountants to conduct an investigation of the allegations. To allow the investigation to progress, the Company is rescheduling its earnings call to August 7, 2020 at 11:00 AM ET following the expected filing of its Form 10-Q on August 6, 2020.   Mohawk Industries is the leading global flooring manufacturer that creates products to enhance residential and commercial spaces around the world. Mohawk’s vertically integrated manufacturing and distribution processes provide competitive advantages in the production of carpet, rugs,...

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First Financial Northwest, Inc. Reports Second Quarter Net Income of $2.1 Million or $0.22 per Diluted Share

RENTON, Wash., July 28, 2020 (GLOBE NEWSWIRE) — First Financial Northwest, Inc. (the “Company”) (NASDAQ GS: FFNW), the holding company for First Financial Northwest Bank (the “Bank”), today reported net income for the quarter ended June 30, 2020, of $2.1 million, or $0.22 per diluted share, compared to net income of $1.7 million, or $0.17 per diluted share, for the quarter ended March 31, 2020, and $3.3 million, or $0.33 per diluted share, for the quarter ended June 30, 2019. For the six months ended June 30, 2020, net income was $3.8 million, or $0.39 per diluted share, compared to net income of $5.2 million, or $0.52 per diluted share, for the comparable six‑month period in 2019.“As we all know, the first six months of 2020 have been quite different than we initially anticipated,” said Joseph W. Kiley III, President and Chief...

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ClearOne Taps Craig Paller for Senior Director for Sales Development

SALT LAKE CITY, July 28, 2020 (GLOBE NEWSWIRE) — ClearOne (NASDAQ: CLRO), the leading global provider of audio and visual communication solutions, continues its focus on consultative sales for partners across all verticals with the appointment of AV industry expert, Craig Paller as Senior Director for Sales Development.“ClearOne has always worked closely with partners to keep the sales organization close to the pulse of the industry and providing that high-engagement our customers expect,” said ClearOne President and CEO Zee Hakimoglu. “Craig Paller fills a new position in our organization to engage even further with new verticals and new influencers– with the ClearOne mantra of approachability and support.”Paller will be dedicated to seeking out new partnerships and creating further inroads for ClearOne to support a wider variety...

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KLX Energy Services and Quintana Energy Services Complete Merger

Creates industry-leading, asset-light product and service offerings present in all major U.S. onshore oil and gas basins to serve its blue-chip customersAdds one of the largest independent providers of directional drilling services and establishes one of the largest U.S. wireline fleetsEstimated annualized cost synergies of at least $40 million by the second quarter of 2021Expected to be accretive to free cash flow per sharePositions the combined company to pursue additional value-creating consolidation opportunities within the oilfield service industryHOUSTON, July 28, 2020 (GLOBE NEWSWIRE) — KLX Energy Services Holdings, Inc. (“KLXE” or the “Company”) (NASDAQ: KLXE) and Quintana Energy Services, Inc. (“QES”) (NYSE: QES) have successfully completed the all-stock merger transaction that was announced on May 3, 2020. The combined...

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Waturu Holding A/S owns 90% of Aquaturu A/S, which is expected to be listed on the stock exchange at 195 – 205 MDKK early Q4 2020

Company announcement No. 35Vejle, July 28th 2020Waturu Holding A/S owns 90% of Aquaturu A/S, which is expected to be listed on the stock exchange at 195 – 205 MDKK early Q4 2020.The importance to the investors in Waturu Holding A/SAs stated in company announcement no. 31, a listing process has been initiated by the subsidiary Aquaturu A/S, which is 90% owned by Waturu Holding A/S. The company is expected to be listed on the Nasdaq First North Growth Market early Q4 2020.More information, please visit Aquaturu.comAbout Waturu Holding A/SWaturu Holding A/S is a Vejle based Greentech company, which develops innovative water technology for heating or treating water, with the focus on ensuring bacteria-free water and reducing water and energy consumption for heating hot water in properties and thus ensuring CO2 savings. Waturu Holding...

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Waturu Holding A/S ejer 90% af Aquaturu A/S, som forventes børsnoteret til 195 – 205 MDKK primo Q4 2020

Selskabsmeddelelse nr. 35Vejle, den 28. juli 2020 Waturu Holding A/S ejer 90% af Aquaturu A/S, som forventes børsnoteret til 195 – 205 MDKK primo Q4 2020Betydning for investorerne i Waturu Holding A/SSom oplyst i selskabsmeddelelse nr. 31, er der igangsat en børsnoteringsproces af datterselskabet Aquaturu A/S, der er 90% ejet af Waturu Holding A/S.Selskabet forventes børsnoteret på Nasdaq First North Growth Marked primo Q4 2020.Selskabet planlægges noteret til en markedsværdi på 170 MDKK før nyt kapitaludbud på 25-35 MDKK og selskabet vil således, efter gennemførelsen af et maksimum udbud ved noteringstidspunktet, have en teknisk markedsværdi på 205 MDKK.Formand Thomas Marschall udtaler:”Børsnoteringen af Aquaturu A/S viser, at den underliggende teknologiplatform, kan bruges inden for en række brancher og på vegne af investorerne...

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Correction: Magic to Announce Second Quarter 2020 Financial Results on August 13, 2020

Or Yehuda, Israel, July 28, 2020 (GLOBE NEWSWIRE) — Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of end-to-end integration and low-code application development platforms and IT consulting services, announced today that it will report its financial results for the second quarter of 2020 on Thursday, August 13, 2020.Management will host a conference call on Thursday, August 13, 2020 at 10:00 a.m. Eastern Daylight Time (5:00 p.m. Israel Daylight Time) to review and discuss Magic’s results.Please call the following numbers (at least 5 minutes before the scheduled time) in order to participate:From North America: +1-888-668-9141From UK: 0-800-917-5108From Israel: 03-918-0609All others: +972-3-918-0609If you are unable to join live, a replay of the call will be available on the company’s website, www.magicsoftware.com.About...

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