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Day: August 3, 2020

Gaia Reports Second Quarter 2020 Results

BOULDER, Colo., Aug. 03, 2020 (GLOBE NEWSWIRE) — Gaia, Inc. (NASDAQ: GAIA), a conscious media and community company, reported financial results for the second quarter ended June 30, 2020.Second Quarter 2020 Highlights vs. Same Year-Ago Quarter23% increase in revenues to $16.2 million.Generated $1.9 million in Adjusted EBITDA, an improvement of $3.5 million.Generated $1.9 million in cash flow from operations, an improvement of $4.4 million.“The results for the second quarter represent 18 months of disciplined execution to drive operating efficiencies across the business while balancing growth initiatives and spend discipline,” said Paul Tarell, Gaia’s CFO. “We have continued to benefit from higher member growth due to the success of our exclusive content, smart marketing spend and improved retention, which has allowed Gaia to transition...

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Airinmar selected by Air Methods for warranty and value engineering services

BERKSHIRE, England, Aug. 03, 2020 (GLOBE NEWSWIRE) — AAR (NYSE: AIR) subsidiary Airinmar, the top global independent provider of component repair cycle management and aircraft warranty solutions, signed a new services agreement with the world’s largest civilian helicopter operator, Air Methods.Airinmar’s services will include the identification, claim, recovery and reporting of rotorcraft/aircraft component warranty. Airinmar will compliment Air Methods’ existing processes and apply its proven procedures, support systems and skilled technical staff. With this partnership, Air Methods will also benefit from Airinmar’s value engineering of costs associated with the repair process, including price quotes from suppliers and service vendors. Based on the data analyses and findings, Airinmar identifies cost reductions, as well as process...

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Tactile Systems Technology, Inc. Reports Second Quarter 2020 Financial Results

Second Quarter Revenue Decreased 22% Year-Over-Year; Decreased 20% Year-Over-Year on an Operational BasisFirst Half Revenue Decreased 5% Year-over-Year; Flat Year-over-Year on an Operational BasisMINNEAPOLIS, Aug. 03, 2020 (GLOBE NEWSWIRE) — Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq: TCMD), a medical technology company focused on developing medical devices for the at-home treatment of chronic diseases, today reported financial results for the second quarter and six months ended June 30, 2020.Second Quarter 2020 Summary:Total revenue decreased 22% year-over-year, to $35.1 million, compared to $45.2 million in second quarter 2019.–  Excluding the contribution to second quarter 2019 revenue related to the Company’s adoption of ASC 842, second quarter 2020 revenue reflects a year-over-year decrease of 20% on...

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Wilsonart to Acquire Alpine Sales, Inc.

AUSTIN, Texas, Aug. 03, 2020 (GLOBE NEWSWIRE) — Wilsonart Engineered Surfaces announced today that it has signed a definitive agreement to acquire Alpine Sales, Inc., a Columbia, South Carolina based wholesale distributor to the building and remodeling industry. Alpine Sales distributes decorative surfaces, post formed countertops, lacquers and stains, and hardware.“Our acquisition of Alpine Sales complements Wilsonart’s company culture and greatly enhances the services we offer with three locations in South Carolina and one in North Carolina,” said Tim Atkinson, Vice President, Sales. “We look forward to expanding Wilsonart’s Company-owned distribution footprint and enhancing our penetration of our expanding engineered surfacing offering. We will continue our tradition of best-in-class service, promote our broad engineered surfaces...

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Nr. 4/2020 AGF A/S i forhandlinger om salg af Mustapha Bundu

Aarhus, den 3. august 2020NASDAQ OMX Copenhagen A/SMeddelelse nr. 04 /2020AGF A/S i forhandlinger om salg af Mustapha Bundus kontraktrettighederAGF A/S kan oplyse, at der pågår forhandlinger med den belgiske klub RSC Anderlecht om salg af Mustapha Bundus kontraktrettigheder. Der forhandles om en samlet salgspris i niveauet DKK 25-30 mio. samt en videresalgsklausul.Når udfaldet af forhandlingerne er endelige, vil yderligere informationer tilgå Fondsbørsen.—————For yderligere oplysninger, kontakt bestyrelsesformand Lars Fournais på tlf. 2010-3700 eller administrerende direktør Jacob Nielsen på tlf. 2274-8685. Med venlig hilsenAGF A/S Lars Fournais                                  Jacob NielsenBestyrelsesformand                         Adm. direktør Vedhæftet filSelskabsmeddelelse nr 04-2020 AGF AS i forhandlinger...

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RespireRx Pharmaceuticals Inc. Announces Extension to Long-Term Employment Contract with Tim Jones as President and Chief Executive Officer

Glen Rock, N.J., Aug. 03, 2020 (GLOBE NEWSWIRE) — RespireRx Pharmaceuticals Inc. (OTC: RSPI) (“RespireRx” or the “Company”), is pleased to announce that today, Mr. Tim Jones and RespireRx have transitioned from the provisional period that commenced on May 6, 2020 to the three year, long-term portion of the employment contract with Mr. Jones as its President and Chief Executive Officer. Mr. Jones has been a member of the Company’s Board of Directors since January 28, 2020 and as of July 31st. 2020, successfully completed the 3-month contractual provisional period. RespireRx is a leader in the development of innovative and revolutionary treatments to combat disorders caused by disruption of neuronal signaling, which affect millions of people, but for which there are limited or poor treatment options, including obstructive sleep apnea...

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L.B. Foster Announces the Appointment of Raymond T. Betler to Its Board of Directors

PITTSBURGH, Aug. 03, 2020 (GLOBE NEWSWIRE) — L.B. Foster Company (NASDAQ: FSTR), a leading manufacturer and distributor of products and provider of services for transportation and energy infrastructure, announced today that Raymond T. Betler has been appointed to the Company’s Board of Directors effective August 3, 2020. Mr. Betler brings a wide range of knowledge and skills to the board that includes more than four decades of experience in the transportation industry leading up to his most recent position serving as President & Chief Executive Officer of Wabtec (NYSE:WAB). On July 1, 2019, Mr. Betler retired as President & CEO of Wabtec after holding the position for five years. Prior to that, Mr. Betler held the positions of Chief Operating Officer, and Vice President and Group Executive of Wabtec’s Transit Group. He...

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Crawford & Company Board Increases Quarterly Dividends

ATLANTA, Aug. 03, 2020 (GLOBE NEWSWIRE) — On July 31, 2020, at its regular quarterly meeting, the Board of Directors of Crawford & Company declared a quarterly dividend of $0.04 per share on the Class A Common Stock and $0.04 per share on the Class B Common Stock, payable on September 2, 2020, to shareholders of record as of the close of business on August 18, 2020. This is an increase of $0.01 per share from the previous quarter.  The Company’s two classes of stock are substantially identical, except with respect to voting rights and the Company’s ability to pay greater cash dividends on the non-voting Class A Common Stock than on the voting Class B Common Stock, subject to certain limitations. In addition, with respect to mergers or similar transactions, holders of Class A Common Stock must receive the same type and amount...

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J. Craig Holding Corp. Becomes Surviving Entity of Ultra Pure Water Technologies

HUNTINGTON BEACH, CA, Aug. 03, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — J. Craig Holding Corp. (OTC: UPWT), an accelerator and incubator for innovative businesses, intellectual properties and assets, today announces that it has taken over the previously dormant Ultra Pure Water Technologies business.Former Ultra Pure Water Technologies lone officer and CEO, Daniel Le Blanc, had resigned on May 20, 2020, leaving Jerry C. Craig as the new director and CEO of the company which will be doing business under J. Craig Holding Corporation.“These are exciting times for UPWT shareholders as new life and activity will start once again. I look forward to building a strong portfolio of businesses with goals of future spin-offs that will bring value and potential share dividends for our investors,” stated Jerry Craig, Chairman and CEO.Here...

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