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Month: July 2020

Unitil Reports Second Quarter Earnings

HAMPTON, N.H., July 30, 2020 (GLOBE NEWSWIRE) — Unitil Corporation (NYSE: UTL) (www.unitil.com) today announced Net Income of $3.1 million, or $0.21 in Earnings Per Share (EPS), for the second quarter of 2020, a decrease of $0.9 million in Net Income, or $0.06 per share, compared to the second quarter of 2019, driven by lower gas sales margins and higher operating expenses. The second quarter of 2019 included $0.6 million in property tax abatements resulting from the Company’s litigation of property valuation assessments which contributed $0.03 per share to results in 2019.For the six months ended June 30, 2020, the Company reported Net Income of $18.3 million, or $1.23 per share, a decrease of $12.2 million, or $0.82 per share, compared to the same six month period in 2019. In the first quarter of 2019 the Company recognized a...

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Stantec awarded The Water Research Foundation study to define digital water transformation and intelligent water utility framework of the future

EDMONTON, Alberta and NEW YORK, July 30, 2020 (GLOBE NEWSWIRE) — The Water Research Foundation (WRF) awarded Stantec the lead in a global collaboration of utility and technology experts to define the framework for the digital transformation of the water industry. The project, titled Definition of Smart Utility – How to be a Digital Utility and the Framework for an Intelligent Water System (WRF 5039), is funded by WRF with monetary support from the Great Lakes Water Authority, as well as the in-kind support of research participants. The intended outcome of this collaboration is to assist utility leaders to make better, data-driven decisions supported by an Intelligent Water Systems (IWS) framework.Video: Stantec leads study to define digital framework for smart utility of the future“Although various research organizations, utilities,...

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Obalon Announces Second Quarter 2020 Financial Results

SAN DIEGO, July 30, 2020 (GLOBE NEWSWIRE) — Obalon Therapeutics, Inc. (NASDAQ:OBLN), a vertically integrated medical technology company with the first and only FDA-approved swallowable, gas-filled intragastric balloon system for the treatment of obesity, today announced its financial results for the second quarter ended June 30, 2020.Financial results for the second quarter of 2020Revenue for the second quarter of 2020 was $0.7 million, compared to $0.4 million for the second quarter of 2019, primarily due to reversals of revenue reserves as a result of suspending business operations at the company-branded retail treatment centers. Net loss for the second quarter of 2020 was $4.2 million, compared to $6.8 million for the second quarter of 2019. Net loss per share for the second quarter of 2020 was $0.54, compared to $2.52 for the...

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Brunswick Releases Second Quarter 2020 Earnings

METTAWA, Ill., July 30, 2020 (GLOBE NEWSWIRE) — Brunswick Corporation (NYSE: BC) today has released its second quarter 2020 financial results. A complete and full-text financial results press release is available on the Company’s website at www.brunswick.com/investors.  The results will also be available on the SEC’s website with the Form 8-K filing of the release at https://goo.gl/wJQN1.The Company will hold a conference call today at 10 a.m. CDT hosted by David M. Foulkes, chief executive officer, Ryan M. Gwillim, senior vice president – chief financial officer and Brent Dahl, vice president.The call will be broadcast over the Internet at www.brunswick.com/investors. To listen to the call, go to the website at least 15 minutes before the call to register, download and install any needed audio software.See Brunswick’s website for...

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Nanotech Security Corp. to Host 2020 Third Quarter Investor Conference Call

VANCOUVER, British Columbia, July 30, 2020 (GLOBE NEWSWIRE) — Nanotech Security Corp. (TSXV: NTS) (OTCQX: NTSFF) (“Nanotech” or the “Company”), a leader in the development of secure and memorable nano-optic security features used in the government and banknote and brand protection markets, announces the Company will release financial results for its 2020 third quarter after the market closes on Thursday August 6, 2020. President and CEO Troy Bullock and CFO Monika Russell will host a conference call at 5:00 P.M. Eastern the same day. All interested parties are invited to join this call:About NanotechWith billions of security features in circulation, Nanotech’s products include secure and memorable security labels, stripes, patches, and colour-shifting films for currency authentication and brand protection.KolourOptik® is a patented...

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Beam Therapeutics to Participate in Upcoming Investor Conferences 

CAMBRIDGE, Mass., July 30, 2020 (GLOBE NEWSWIRE) — Beam Therapeutics Inc. (Nasdaq: BEAM), a biotechnology company developing precision genetic medicines through base editing, today announced that management will participate in the following August investor conferences:William Blair Biotech Focus Conference 2020 “Gene Editing and Gene Therapy in 2030” Panel on Thursday, Aug. 6, 2020 at 1:00 p.m. ET; and,2020 Wedbush PacGrow Healthcare Virtual Conference on Wednesday, Aug. 12, 2020 at 9:45 a.m. ET.Live webcasts will be available in the investor section of the company’s website at www.beamtx.com. The webcasts will be archived for 60 days following the presentations.About Beam TherapeuticsBeam Therapeutics (Nasdaq: BEAM) is a biotechnology company developing precision genetic medicines through the use of base editing. Beam’s proprietary...

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Teleflex Reports Second Quarter 2020 Results

Second Quarter Revenues of $567.0 million, down 13.1% versus Prior Year Period; down 12.0% on a Constant Currency BasisSecond Quarter GAAP Diluted EPS from Continuing Operations of $0.24, Compared to $1.77 in the Prior Year PeriodSecond Quarter Adjusted Diluted EPS from Continuing Operations of $1.93, down 27.4% Versus Prior Year PeriodNew Workforce Reduction Plan to Further Improve Company Cost Structure Announced Not Reinstating 2020 Financial Guidance due to COVID-19 PandemicWAYNE, Pa., July 30, 2020 (GLOBE NEWSWIRE) — Teleflex Incorporated (NYSE: TFX) (the “Company”) today announced financial results for the second quarter ended June 28, 2020.Second quarter 2020 net revenues were $567.0 million, a decrease of 13.1% compared to the prior year period.  Excluding the impact of foreign currency exchange rate fluctuations, second...

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8i Enterprises Acquisition Corp. Announces That Its Intended Merger Target – Diginex Launches EQUOS.io, Which is Set to Become the First Digital Asset Exchange Listed in the U.S.

The public launch of EQUOS.io will deliver a next generation digital asset exchange to a global audience, with institutional-grade infrastructure and high performance at its core, built on the foundations of equity and transparency.NEW YORK, July 30, 2020 (GLOBE NEWSWIRE) — 8i Enterprises Acquisition Corp. (NASDAQ: JFKKU, JFK, JFKKW, JFKKR) (“JFK” or the “Company”), a special purpose acquisition company, today announced that Diginex, a digital asset financial services and advisory company with which JFK entered into a definitive share exchange agreement dated July 9, 2019, launched its digital asset exchange EQUOS.io. EQUOS.io. is built to institutional-grade specifications and designed to improve the experience of trading digital assets for all market participants. The launch of the exchange is another important milestone for Diginex...

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REGO Payment Architectures, Inc. Raises Series C Funding to Bring Secure Mobile Banking and Shopping to Children and Families

BLUE BELL, Pa., July 30, 2020 (GLOBE NEWSWIRE) — REGO Payment Architectures, Inc. (“REGO”) (OTCQB: RPMT) today announced it has secured a significant round of funding to bring the total to $9.3 million to date in Series C funding led by SKB Capital. The funding will allow REGO to launch its secure mobile banking solution to families in the U.S. and the European Union later this year.“Investors renewed their support for the REGO Digital Wallet, in light of robust demand for digital mobile wallets, particularly with cybersecurity and personal identity management protections. The closing of this strategic growth capital resolves the essential missing piece to move the REGO Digital Wallet into a position to begin to engage customers with its newly launched service in 2020,” said Suzanne E. Kecmer, founder, SKB Capital, and financial...

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Kirkland Lake Gold Reports Strong Financial and Operating Results in Q2 2020

TORONTO, July 30, 2020 (GLOBE NEWSWIRE) — Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced the Company’s financial and operating results for the second quarter (“Q2 2020”) and first six months of 2020 (“YTD 2020”). The Q2 2020 results include strong growth in production, revenue, earnings and cash flow despite disruptions caused by the Company’s COVD-19 response. The Company’s full consolidated financial statements and management discussion & analysis are available on SEDAR at www.sedar.com and on the Company’s website at www.kl.gold. All dollar amounts are in U.S. dollars, unless otherwise noted.Key Developments Impacting Q2 2020:Detour Gold acquisition: Completed acquisition of Detour Gold on January 31, 2020, adding a third cornerstone asset; First full quarter...

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