Day: August 4, 2020

CALGARY, Alberta, Aug. 04, 2020 (GLOBE NEWSWIRE) — Marksmen Energy Inc. (TSXV: MAH) (OTCQB: MKSEF) and its wholly owned subsidiary, Marksmen Energy USA, Inc. (“Marksmen” or the “Company”) announces that further to its news releases issued on November 28, 2019 and December 13, 2019, it has successfully defended a legal claim initiated by Hocking Hills Energy and Well Services LLC (“HHE”) of Ohio.  HHE is the operator of the Leaman #1 Clinton Sandstone Horizonal (“CSH”) well drilled in Hocking County, Ohio, of which Marksmen was a 60% working interest partner.  A settlement agreement (the “Agreement”) has been reached effective June 23, 2020.In the fall of 2019 Marksmen held back payment of certain amounts totaling approximately $190,800 USD owing to HHE, pending the results of a joint venture audit.  Marksmen has included these amounts...

Positive top-line results reported for Phase 1/2 trial of OTO-313 in tinnitus patientsPublic offering completed for total gross proceeds of $69.1 millionResults from Phase 3 trial of OTIVIDEX® in Ménière’s disease expected in first quarter of 2021Results from Phase 1/2 trial of OTO-413 in hearing loss expected in fourth quarter of 2020Conference call and webcast today at 5 p.m. ETSAN DIEGO, Aug. 04, 2020 (GLOBE NEWSWIRE) — Otonomy, Inc. (Nasdaq: OTIC), a biopharmaceutical company dedicated to the development of innovative therapeutics for neurotology, today reported financial results for the quarter ended June 30, 2020 and provided an update on its product pipeline and corporate activities. The company will host a conference call and webcast today at 5 p.m. ET to discuss recent highlights and financial results.“We have made great...

PERRYSBURG, Ohio, Aug. 04, 2020 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASEO-I Glass, Inc. (NYSE: OI) today reported financial results for the second quarter ended June 30, 2020.“The first half of 2020 was the most challenging business environment in decades given the sudden onset of the pandemic. However, the second quarter ended on a positive note. After enduring the brunt of COVID-19 in April and May, O-I’s sales volume improved significantly in the latter part of the quarter as markets started to reopen. Likewise, continued strong operating performance and cost control measures helped partially mitigate the impact of the pandemic and contributed to very good cash flow in the quarter,” said Andres Lopez, O-I CEO.    “O-I successfully advanced a number of important strategic efforts to create long-term value. The company’s turnaround...

Dallas, Texas, Aug. 04, 2020 (GLOBE NEWSWIRE) — CompX International Inc. (NYSE American:  CIX) announced today that its board of directors has declared CompX’s regular quarterly dividend of ten cents ($0.10) per share on its class A common stock, payable on September 8, 2020 to stockholders of record at the close of business on September 1, 2020.CompX is a leading manufacturer of security products and recreational marine components.* * * *SOURCE: CompX International Inc. CONTACT: Janet G. Keckeisen, Investor Relations, 972.233.1700

Net Revenues Increase to a Record $113.3 Million, up 69% Year-Over-YearRetail Channel Net Revenues up 192% Year-Over-Year Driven by Higher Household Penetration and Increased Average Spending per HouseholdEL SEGUNDO, Calif., Aug. 04, 2020 (GLOBE NEWSWIRE) — Beyond Meat, Inc. (NASDAQ:BYND) (“Beyond Meat” or “the Company”), a leader in plant-based meat, today reported financial results for its second quarter ended June 27, 2020.Second Quarter 2020 Financial Highlights1Net revenues were $113.3 million, an increase of 69% year over year.Gross profit was $33.7 million, or gross margin of 29.7% of net revenues; Adjusted gross profit was $39.6 million, or Adjusted gross margin of 34.9% of net revenues, reflecting exclusion of expenses attributable to COVID-19.Net loss was $10.2 million, or $0.16 per common share; Adjusted net loss was...

LOWELL, Mass., Aug. 04, 2020 (GLOBE NEWSWIRE) — CSP Inc. (NASDAQ: CSPI), a provider of security and packet capture products, managed IT and professional services and technology solutions, announced that it will issue its fiscal third quarter 2020 financial results before the open of the market on Tuesday, August 11, 2020CSPi President and Chief Executive Officer Victor Dellovo and Chief Financial Officer Gary W. Levine will host a conference call at 10:00 a.m. ET that day to review the financial results and provide a business update. To listen to a live webcast of the call, please visit the “Investor Relations” section of the Company’s website at https://www.cspi.com. Individuals also may listen to the call via telephone, by dialing 800-894-5910 or 785-424-1052 and use the Conference ID: CSPQ320 when greeted by the live operator....

Reports Net Asset Value Per Share Increase of 4.5%Net Debt-to-Equity of 0.59x100% of Portfolio PerformingNEW YORK, Aug. 04, 2020 (GLOBE NEWSWIRE) — Solar Capital Ltd. (NASDAQ: SLRC) (the “Company” or “Solar Capital”), today reported net investment income of $14.2 million, or $0.34 per share, for the second quarter 2020.At June 30, 2020, net asset value (NAV) was $20.11 per share, an increase of 4.5% from March 31, 2020.As of June 30, 2020, the Company’s portfolio was 100% performing.The Board declared a third quarter distribution of $0.41 per share payable on October 2, 2020 to stockholders of record as of September 17, 2020. The specific tax characteristics will be reported to stockholders on Form 1099 after the end of the calendar year.HIGHLIGHTSAt June 30, 2020: Comprehensive Investment portfolio* fair value: $1.58 billionNumber...

CONCORD, Calif., Aug. 04, 2020 (GLOBE NEWSWIRE) — AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced financial results for the quarter ended June 30, 2020.Second Quarter 2020 Financial and Operational HighlightsNet loss for the quarter was $9.3 million, or $0.14 per share.Adjusted net income for the quarter was $15.1 million, or $0.21 per share, on total revenue of $99.1 million.Adjusted EBITDA for the quarter was $25.3 million, or 25.6% of total revenue.Platform assets increased 12.8% year-over-year and 12.9% quarter-over-quarter to $63.2 billion, aided by quarterly net flows of $907 million and market impact net of fees of $6.3 billion. Year-to-date annualized net flows as a percentage of beginning-of-year platform assets were 8.9%.More than 2,400 new households and 178 new producing advisors joined the AssetMark platform...

DENVER, Aug. 04, 2020 (GLOBE NEWSWIRE) — DCP Midstream, LP (NYSE: DCP) announced that Wouter van Kempen, chairman, president, and chief executive officer and Sean O’Brien, group vice president and chief financial officer will conduct a series of one-on-one and small group meetings with investment community representatives at the Citi Midstream / Energy Infrastructure Conference on August 12 and 13, 2020 via telephone conference. The materials used at this conference will be posted on the Investors section of DCP Midstream’s website at www.dcpmidstream.com on August 11, 2020.ABOUT DCP MIDSTREAM, LPDCP Midstream, LP (NYSE: DCP) is a Fortune 500 midstream master limited partnership headquartered in Denver, Colorado, with a diversified portfolio of gathering, processing, logistics and marketing assets. DCP is one of the largest natural...

Dallas, Texas, Aug. 04, 2020 (GLOBE NEWSWIRE) — CompX International Inc. (NYSE American: CIX) announced today sales of $23.8 million for the second quarter of 2020 compared to $33.7 million in the same period of 2019.  Operating income was $2.4 million in the second quarter of 2020 compared to $5.6 million in the same period in 2019.  Net income for the second quarter of 2020 was $2.1 million, or $0.17 per diluted share, compared to $4.9 million, or $0.39 per diluted share, in the second quarter of 2019.   For the six months ended June 30, 2020, sales were $56.1 million compared to $64.9 million in the previous year.  Operating income was $7.4 million for the first six months of 2020 compared to $9.9 million for 2019.  Net income for the six months ended June 30, 2020 was $6.3 million or $0.51 per diluted share, compared to $8.9 million,...