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Month: July 2020

PyroGenesis Announces Q2 2020 Results: Net Income $5.2MM; Gross Margin 60%; Earnings per Share $0.04

MONTREAL, July 29, 2020 (GLOBE NEWSWIRE) — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX-V: PYR) (OTCQB: PYRNF) (FRA: 8PY), a high-tech company, (the “Company”, the “Corporation” or “PyroGenesis”) that designs, develops, manufactures and commercializes plasma atomized metal powder, plasma waste-to-energy systems and plasma torch systems, is pleased to announce today its financial and operational results for the second-quarter ended June 30th, 2020.“Percent complete revenue recognition in our major projects, which is the revenue recognition method we are mandated to follow by GAAP, is such that it is not linear, but exponential and as such, Q2 is now starting to reflect the results one might expect given recent announcements. It is interesting to note that using this revenue recognition method, only...

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Indiva Extends Maturity of Senior Debt to October 2021

LONDON, Ontario, July 29, 2020 (GLOBE NEWSWIRE) — Indiva Limited (the “Company” or “Indiva”) (TSXV:NDVA) (OTCQX:NDVAF) is pleased to announce its senior lender has extended the maturity of the Company’s senior secured demand loan and factoring agreement (the terms of which are discussed in the Company’s press release dated October 15, 2019) until October 31, 2021. In consideration for this extension, Indiva will pay an extension fee of $73,450, and the annual coupon will increase by two percent. Consistent with the existing agreement, there is no penalty for early repayment, and management continues to evaluate options to refinance the debt at more advantageous terms.Q2 2020 Revenue Guidance and Corporate UpdateThe Company is pleased to share that it expects Q2 2020 net revenue in the range of $2.3 to $2.8 million. This represents...

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MTBC to Announce Second Quarter 2020 Results on August 13, 2020

SOMERSET, N.J., July 29, 2020 (GLOBE NEWSWIRE) — MTBC, Inc. (the “Company” or “MTBC”) (Nasdaq: MTBC) (Nasdaq: MTBCP), a leading provider of proprietary, cloud-based healthcare IT solutions, will release its financial results for the second quarter ended June 30, 2020 before the market opens on Thursday, August 13, 2020. The Company will follow with a conference call for investors at 8:30 a.m. Eastern Time.The live webcast of the conference call and related presentation slides can be accessed at ir.mtbc.com/events. An audio-only option is available by dialing +1-631-891-4304 and referencing “MTBC Second Quarter 2020 Earnings Call.” Investors who opt for audio-only will need to download the related slides at ir.mtbc.com/events.A replay of the conference call and related presentation slides will be available approximately...

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Red River Bancshares, Inc. Reports Second Quarter 2020 Financial Results

ALEXANDRIA, La., July 29, 2020 (GLOBE NEWSWIRE) — Red River Bancshares, Inc. (the “Company”), (Nasdaq: RRBI), the holding company for Red River Bank (the “Bank”), announced today its unaudited financial results for the second quarter of 2020.Net income for the second quarter of 2020 was $6.9 million, or $0.93 per diluted common share (“EPS”), an increase of $109,000, or 1.6%, compared to $6.7 million, or $0.92 EPS, for the first quarter of 2020, and an increase of $1.3 million, or 23.8%, compared to $5.5 million, or $0.78 EPS, for the second quarter of 2019.Net income for the six months ended June 30, 2020, was $13.6 million, or $1.85 EPS, an increase of $2.4 million, or 21.1%, compared to $11.2 million, or $1.63 EPS, for the six months ended June 30, 2019.Second Quarter 2020 Performance and Operational HighlightsThe...

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StoneMor Inc. Announces Date of Conference Call and Webcast to Discuss 2020 Second Quarter Financial Results

TREVOSE, Pa., July 29, 2020 (GLOBE NEWSWIRE) — StoneMor Inc. (NYSE: STON), a leading owner and operator of cemeteries and funeral homes, today announced it expects to release 2020 second quarter financial results on Thursday, August 13, 2020 after the market closes. In connection with this announcement, StoneMor plans to hold a conference call to discuss its results later that day at 4:30 p.m. eastern time.This conference call can be accessed by calling (877) 308-6987. No reservation number is necessary; however, due to the on-going pandemic, it is advised that interested parties access the call-in number 5 to 10 minutes prior to the scheduled start time to avoid delays. StoneMor will also host a live webcast of this conference call. Investors may access the live webcast via the Investors page of the StoneMor website www.stonemor.com...

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Conversion Labs to Host Second Quarter Conference Call on Monday, August 17, 2020 at 1:00 p.m. ET

NEW YORK, July 29, 2020 (GLOBE NEWSWIRE) — Conversion Labs, Inc. (OTCQB: CVLB), a direct-to-consumer telemedicine and wellness company, will hold a conference call on Monday, August 17, 2020 at 1:00 p.m. Eastern time to discuss its results for the second quarter ended June 30, 2020. The financial results will be issued in a press release prior to the call.Conversion Labs management will host the conference call followed by a question and answer period.Date: Monday, August 17, 2020Time: 1:00 p.m. Eastern time (10:00 a.m. Pacific time)Toll-free dial-in number: 1-800-437-2398International dial-in number: 1-720-452-9102Conference ID: 6173273The conference call will be webcast live and available for replay here as well as via a link in the Investors section of the company’s website at ir.conversionlabs.com.Please call the conference...

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Level One Bancorp, Inc. reports second quarter 2020 net income of $2.7 million, representing $0.35 diluted earnings per common share

FARMINGTON HILLS, Mich., July 29, 2020 (GLOBE NEWSWIRE) — Level One Bancorp, Inc. (“Level One”) (Nasdaq: LEVL) today reported financial results for the second quarter of 2020, which included net income of $2.7 million, or $0.35 diluted earnings per share. This compares to net income of $4.1 million, or $0.53 diluted earnings per share, in the preceding quarter and $3.6 million, or $0.45 diluted earnings per share, in the second quarter of 2019. Patrick J. Fehring, President and Chief Executive Officer of Level One, commented, “We are pleased to report strong second quarter operating results despite being faced with the challenges of the COVID-19 pandemic. The second quarter revenue reflects the significant and continuing growth in our residential mortgage banking business, which experienced a record quarterly increase in mortgage...

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Auris Medical Announces Completion of Enrollment into First Part of TRAVERS Phase 2 Study with AM-125 in Vertigo

Dose escalation completed as last patient enrolled into Part A of TRAVERS studyInterim results to be announced in Q3 of 2020Hamilton, Bermuda, July 29, 2020 – Auris Medical Holding Ltd. (NASDAQ: EARS), a clinical-stage company dedicated to developing therapeutics that address important unmet medical needs in neurotology and central nervous system disorders, today announced the completion of patient enrollment into Part A of its Phase 2 “TRAVERS” trial with intranasal betahistine in vertigo (AM-125). The Company expects to release interim results from TRAVERS and commence Part B of the trial in the coming weeks.Thomas Meyer, Auris Medical’s founder, Chairman and CEO commented, “Thanks to a quicker than expected recovery of study activities following the COVID-19 outbreak, we are very pleased to announce the completion of enrollment into...

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Sarepta Therapeutics to Announce Second Quarter 2020 Financial Results and Recent Corporate Developments on August 5, 2020

CAMBRIDGE, Mass., July 29, 2020 (GLOBE NEWSWIRE) — Sarepta Therapeutics, Inc. (NASDAQ:SRPT), the leader in precision genetic medicine for rare diseases, will report second quarter 2020 financial results after the Nasdaq Global Market closes on Wednesday, August 5, 2020. Subsequently, at 4:30 p.m. E.T., the Company will host a conference call to discuss its second quarter 2020 financial results and to provide a corporate update.The conference call may be accessed by dialing (844) 534-7313 for domestic callers and (574) 990-1451 for international callers. The passcode for the call is 1585717. Please specify to the operator that you would like to join the “Sarepta Second Quarter 2020 Earnings Call.” The conference call will be webcast live under the investor relations section of Sarepta’s website at www.sarepta.com...

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AgJunction Expands Wheelman® Functionality and Launches its Summer Sale

SCOTTSDALE, Ariz., July 29, 2020 (GLOBE NEWSWIRE) — AgJunction Inc. (TSX: AJX) announces that it has released eTurns™ for its Wheelman® family of precision agricultural solutions. This automated turn feature allows farmers to focus on other tasks. Normally a solution only found on more expensive systems, eTurns is now available on AgJunction’s affordable line of autosteering equipment in the U.S. and Canada.Sharon Woods, Sr. Director of Marketing and Program Management at AgJunction, said, “The integration of eTurns into our Wheelman product line demonstrates the portability of our software modules.  Our modularization approach allows for rapid customization.”Now through August 31st, 2020, farmers can own a complete autosteering Wheelman Flex system and a Flex kit, including accessories for a second tractor, at an $800 USD discount....

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