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Day: August 5, 2020

MISTRAS Group Announces Second Quarter 2020 Results

Cash from operations of $28.8 million up 122% and Free cash flow of $25.5 million, up 284%, from the year ago quarterDebt repayment of $18.8 million, a quarterly record, with Total debt of $239.4 millionGross Profit Margin expands to 33.1%, highest quarterly level in over five years Selling, General & Administrative Expense down 10.3% from the year ago quarter PRINCETON JUNCTION, N.J., Aug. 05, 2020 (GLOBE NEWSWIRE) — Mistras Group, Inc. (MG: NYSE), a leading “one source” global provider of technology-enabled asset protection solutions, reported financial results for its second quarter ended June 30, 2020.Highlights of the Second Quarter 2020*Revenue of $124.4 million, a decrease of 38% as anticipatedCash from operations of $28.8 million, an increase of 122%Free cash flow of $25.5 million, an increase of 284%Capital expenditures...

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Weyland Tech’s AtozGo and Sea Limited’s ShopeePay Launch Co-Marketing Campaign for Food Delivery Service in Jakarta

NEW YORK, Aug. 05, 2020 (GLOBE NEWSWIRE) — Weyland Tech, Inc. (OTCQX: WEYL), a leading global provider of eCommerce, mCommerce, and fintech business enablement solutions, has partnered with ShopeePay, the mobile e-wallet platform of Sea Limited (NYSE: SE), to launch a marketing campaign for Weyland’s fast-growing AtozGo™ food delivery service in Jakarta.As recently announced, the partnership between ShopeePay will offer the AtozGo food and grocery delivery service to its large and growing fintech user base in Jakarta, Indonesia. Access to the AtozGo delivery service is being integrated into ShopeePay, allowing users to transact AtozGo orders within the mobile app. Through this integration, AtozGo will gain access to the hundreds of thousands of merchants and millions of users already on the ShopeePay platform.The AtozGo integration...

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New Millennium Iron Corp. Announces Agreement with the Tata Steel Group to Reorganize Relationship

CALGARY, Alberta, Aug. 05, 2020 (GLOBE NEWSWIRE) — New Millennium Iron Corp. (the “Company” or “NML”) (TSX: NML) is pleased to announce that it has arrived at an agreement with TS Global Minerals Holdings Pte. Ltd. (“TSGMH”), Tata Steel Minerals Canada Ltd. (“TSMC”) and TSMUK LTD (“TSMUK”, and together with TSGMH and TSMC, the “Tata Steel Group”) to reorganize their relationship (the “Reorganization”).Pursuant to a reorganization agreement dated August 5, 2020 (the “Reorganization Agreement”), the Company and the Tata Steel Group have agreed to complete the Reorganization as follows:NML will sell and transfer its 4.32% interest in TSMC to TSMUK, representing its entire interest, or undertake a similar transaction with a similar effect;NML will purchase for cancellation the 47,402,908 common shares of NML held by TSGMH, representing...

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Verizon Response: Tropical Storm Isaias

NEW YORK, Aug. 05, 2020 (GLOBE NEWSWIRE) — In the wake of Tropical Storm Isaias, while millions of customers are without power throughout the Northeast, Verizon’s network team is working tirelessly around the clock to ensure continued reliable service for customers and first responders. With the exception of a few pockets which were hit extremely hard by the storm, including Long Island, NY and portions of Connecticut, more than 98% of Verizon’s network in impacted areas remains fully operational.“Our teams are working hard to keep our network up and running for our customers in the aftermath of the storm,” said Kyle Malady, chief technology officer at Verizon. “Our network is performing very well, despite the significant loss of commercial power.”Restoration crews are already in place assessing damage. ...

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GoHealth’s Second Quarter 2020 Earnings Release and Conference Call Scheduled for August 19, 2020

CHICAGO, Aug. 05, 2020 (GLOBE NEWSWIRE) — GoHealth, Inc. (GoHealth) (NASDAQ: GOCO), a leading health insurance marketplace, announced that the company will release its financial results for the second quarter of fiscal 2020 on August 19, 2020 after 4:00 p.m. (ET), followed by a conference call/live audio webcast to discuss the results at 5:00 p.m. (ET). A live audio webcast of the conference call will be available via GoHealth’s website, www.gohealth.com, through the Investor Relations link. A digital audio recording of the conference call will be made available following the conference call. Interested parties are also invited to join the conference call by dialing 833-519-1310 and conference ID 9537505. The company suggests that participants dial-in approximately ten minutes in advance of the 5:00 p.m. (ET) start time.About GoHealth:As...

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Town and Country Financial Corporation Reports Second Quarter 2020 Financial Results

SPRINGFIELD, Ill., Aug. 05, 2020 (GLOBE NEWSWIRE) — Town and Country Financial Corporation (the “Company”) (OTC Pink: TWCF) today announced financial results for the second quarter of 2020.Key highlights included:Profit was $1.1 million in the second quarter of 2020, after a $1.25 million valuation adjustment in mortgage servicing rights and $2 million in provisions for loan losses.Deposits, excluding brokered deposits, increased over $100 million (17%) year-over-year.Commercial loans increased over $85 million (18%) year-over-year, including $44.8 million in Paycheck Protection Plan (“PPP”) loans.Mortgage banking fees increased by $983,000 (54%) in the second quarter of 2020 compared to the second quarter of 2019.In announcing the results, President and Chief Executive Officer, Micah R. Bartlett, stated, “I am extremely proud of...

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Assure to Attend Investor Conferences in August and September 2020

DENVER, Aug. 05, 2020 (GLOBE NEWSWIRE) — Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), a provider of intraoperative neuromonitoring services, announced that management will participate in the following investor conferences in August and September 2020:Lytham Partners Virtual Investor Growth Conference on August 19-21, 2020. Management will be participating in virtual one-on-one meetings with institutional investors. To arrange a meeting, please contact Adam Lowensteiner of Lytham Partners at lowensteiner@lythampartners.com or visit www.lythampartners.com/virtual.LD Micro 500 Virtual Investor Conference on September 1-4, 2020. More than 350 participating companies will provide updates to investors. Assure’s executive chairman and CEO John Farlinger is scheduled to present on September 1st at 12:20 p.m....

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Cabot Microelectronics Corporation Reports Higher Revenue and Diluted EPS Compared to Prior Year

Revenue of $274.7 Million, 1.0% Higher than Last Year Primarily Due to Growth in CMP Slurries and Wood Treatment Diluted EPS of $1.17, 82.8% Higher than Last Year; Adjusted Diluted EPS1 of $1.80, 13.2% Higher than Last Year Expecting Total Revenue for the Fourth Quarter of Fiscal 2020 to be Up Low Single Digits Sequentially Provides Full Year Fiscal 2020 OutlookAURORA, Ill., Aug. 05, 2020 (GLOBE NEWSWIRE) — Cabot Microelectronics Corporation (Nasdaq: CCMP), a leading global supplier of consumable materials to semiconductor manufacturers and pipeline companies, today reported financial results for its third quarter of fiscal 2020, which ended June 30, 2020.Key HighlightsTotal company revenue increased 1.0% over the prior year driven by stronger demand for CMP slurries and CMP pads, as well as higher wood treatment business revenue,...

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엠마우스생명과학 게실증 시범임상 연구 긍정적인 추가 예비결과

캘리포니아주 토랜스, Aug. 06, 2020 (GLOBE NEWSWIRE) — 겸상상적혈구질환 치료의 선두주자 엠마우스생명과학(“엠마우스”, OTCPK: EMMA)은 게실증 시범임상연구에서 예정된 12개월 치료기간 중, 최근 6개월 치료기간이 완료된 2명의 환자에 대한 탑라인 중간 데이터를 발표하였다. 시범임상 탑라인 중간결과가 지난 1월 29일 긍정적이라고 보고한 첫 번째 환자에 이어서, 두 번째 및 세 번째 환자의 시범임상 결과도 긍정적으로 보고되면서 게실증 치료제에 대한 미국 식품의약국(FDA) 임상3상 가능성이 높아졌다.이번 임상 중간결과 발표는 두 번째 및 세 번째 환자 관련 임상연구 결과를 담았는데, 엠마우스에 따르면 환자는 임상시작 시 대장 내시경 검사를 받았으며, 하루 2회 15g의 제약등급 L-글루타민 경구분말(PGLG)을 복용한 후, 6개월 후에 또 다른 대장 내시경 검사를 진행했다. 두 번째 환자는 임상시작 전 환자의 S상결장(구불결장)게실 수가 8개였으나, 임상 6개월 후, 환자의 대장 게실 수가 4개로 50% 감소했으며, 특히 세 번째 환자의 경우 임상시작 전 환자의 S상결장 게실 수가 7개였으나, 임상 6개월 후 100% 완치되었음이 관찰되었다. 환자들로부터 보고된 안전성 문제는 없었으며, 게실 수 감소 외에도 임상시작 전과 비교하였을 때 건강한 핑크색 점막의 출현이 관찰되었다. S상결장은 게실염이 가장 빈번하게 발생하는 부위이다.다음의 표는 중간 데이터 요약이다.제약등급 L-글루타민 경구분말 6개월 치료 후 S상결장(구불결장) 게실 수 변화엠마우스는 게실증 치료를 위한 제약등급 L-글루타민 경구분말 투여방법 및 제약등급 L-글루타민을 포함한 조성물과...

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The Flowr Corporation Announces Second Tranche of Funding from Terrace Global

TORONTO, Aug. 05, 2020 (GLOBE NEWSWIRE) — The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) is pleased to announce that the Company has closed on a second tranche of funding (the “Second Tranche”) in the amount of C$500,000 pursuant to the Equity Line and Profit Share Agreement (the “Agreement”) with Terrace Global Inc. (TSXV: TRCE) (“Terrace Global”). The Second Tranche will be used to fund the Company’s outdoor medical cannabis site in Aljustrel, Portugal which is jointly operated with Terrace Global (the “Partnership”).  “We are very pleased by the progress in Aljustrel and continue to work closely with Terrace Global towards a successful harvest later this year,” commented Vinay Tolia, Chief Executive Officer of Flowr. “Thus far the crops in Aljustrel look very promising and we continue to be on track...

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