Day: August 5, 2020
~ FDA Set a PDUFA Target Action Date for PEDMARKTM of August 10, 2020 ~~ Strong Financial Position with $38.7 million in cash and no debt ~RESEARCH TRIANGLE PARK, N.C., Aug. 05, 2020 (GLOBE NEWSWIRE) — Fennec Pharmaceuticals Inc. (NASDAQ:FENC; TSX: FRX), a specialty pharmaceutical company focused on the development of PEDMARKTM (a unique formulation of sodium thiosulfate) for the prevention of platinum-induced ototoxicity in pediatric patients, today reported its financial results for the second quarter ended June 30, 2020 and provided a business update.“We continue to work with the FDA as a part of their review process in advance of the pending PEDMARKTM PDUFA date of August 10,” said Rosty Raykov, chief executive officer of Fennec Pharmaceuticals. “Our organization and commercial team have been actively preparing for launch...
Willis Lease Finance Corporation Reports Second Quarter Pre-tax Profit of $9.7 million
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COCONUT CREEK, Fla., Aug. 05, 2020 (GLOBE NEWSWIRE) — Willis Lease Finance Corporation (NASDAQ: WLFC) today reported second quarter total revenues of $75.0 million and pre-tax profit of $9.7 million. The Company reported lower revenue in the second quarter of 2020 than the prior year period due primarily to the impact the COVID-19 pandemic has had on the aviation industry, generally, leading to reduced revenues in the core leasing business. Aggregate lease rent and maintenance reserve revenues were $68.4 million for the second quarter of 2020.“We are pleased to have maintained profitability in the second quarter, with $9.7 million of reported pre-tax income, given the unprecedented impacts the COVID-19 pandemic has had on our industry,” said Charles F. Willis, Chairman and CEO. “As we have from the beginning of this event, we are...
LIZHI INC. to Report Second Quarter 2020 Financial Results on Thursday, August 13, 2020
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GUANGZHOU, China, Aug. 05, 2020 (GLOBE NEWSWIRE) — LIZHI INC. (“LIZHI” or the “Company”) (NASDAQ: LIZI), a leading online UGC audio community and interactive audio entertainment platform in China, today announced that it will report its second quarter 2020 unaudited financial results, on Thursday, August 13, 2020, after the close of U.S. markets.The Company’s management will host an earnings conference call at 9:00 PM U.S. Eastern Time on August 13, 2020 (9:00 AM Beijing/Hong Kong time on August 14, 2020).To speed up the entry process for participants, this earnings conference call requires all participants to finish an online registration in advance.For participants who wish to join the call, please complete the Direct Event online registration at http://apac.directeventreg.com/registration/event/4757706 at least 15 minutes...
Torex Gold Announces Strong Q2 2020 Financial Results and Updated Guidance
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TORONTO, Aug. 05, 2020 (GLOBE NEWSWIRE) — Today, Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) released the Company’s financial results for the three and six months ended June 30, 2020 as well as its updated operational outlook for 2020.Due to the COVID-19 decree issued by the Government of Mexico, production at El Limón Guajes (ELG) was temporarily suspended for the month of April and partially resumed in May with the processing of lower grade stockpiled material. Following the designation of mining as an essential activity in Mexico, full production resumed at the beginning of June.Jody Kuzenko, President & CEO of Torex, stated:“While this quarter was far from business as usual, we delivered solid operational performance and demonstrated the financial strength of our business even in these most challenging...
Forescout and Arista Networks Join Forces to Deliver Zero Trust Security
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SAN JOSE, Calif., Aug. 05, 2020 (GLOBE NEWSWIRE) — Forescout Technologies, Inc. (NASDAQ:FSCT), the world leader in device visibility and control, today announced a strategic partnership with Arista Networks, an industry leader in software-driven cloud networking solutions for large datacenter and campus environments, to reduce cybersecurity risks brought on by explosive growth of IoT devices, increased network complexity and propagation of malware. The partnership includes the development of a unique open ecosystem that embeds security within the network fabric and delivers full visibility and enforcement of critical enterprise assets.“Forescout and Arista are transforming network security with policy-driven segmentation and least privilege access across Arista and heterogeneous environments without proprietary vendor lock-in,”...
GCP Applied Technologies Reports Second Quarter 2020 Results
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2Q20 Net sales $195.4 million down 25%Gross Margin 39.1%, an increase of 130 basis pointsSelling, general and administrative expenses $65.7 million, decreased 8%2Q20 Loss from continuing operations attributable to GCP shareholders of $1.3 million; Adjusted EBIT* of $13.3 millionNet cash provided by operating activities of $17.6 million for six months ended June 30, 2020Completed the sale of GCP’s Cambridge headquarters for $125 million; Board of Directors authorizes $100 million stock repurchase programCAMBRIDGE, Mass., Aug. 05, 2020 (GLOBE NEWSWIRE) — GCP Applied Technologies Inc. (NYSE: GCP), a leading global provider of construction products technologies, today announced results for the second quarter of 2020.For the three months ended June 30, 2020, GCP reported net sales of $195.4 million compared to $262.2 million in the prior...
Mimecast Redefines Phish Testing and Training with SAFE Phish
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LEXINGTON, Mass., Aug. 05, 2020 (GLOBE NEWSWIRE) — Mimecast Limited (NASDAQ: MIME), a leading email security and cyber resilience company, today announced an industry changing capability that will allow customers to launch live phishing simulations. Known as SAFE Phish, it’s designed to let security teams create training exercises using real-life, de-weaponized campaigns that target their organizations and employees. Training results are engineered to be incorporated into the Mimecast SAFE ScoreTM dashboard, which is designed to aggregate data to gauge a company’s security posture. Organizations have an opportunity to re-define the way overall risk is measured as a result. “Replicating genuine phishing attacks for training purposes has historically been challenging,” said Michael Madon, SVP and GM of Mimecast Security Awareness...
iQSTEL Settles With Two Debt Holders at $0.11/Share, Over 50% Premium to the Market
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NEW YORK, NY, Aug. 05, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — iQSTEL Inc. (OTC: IQST), a leading-edge 21st Century Enhanced Telecommunications Service Provider, continues cleaning up the balance sheet with further debt reductions. Two existing debt holders, BHP Capital NY Inc and Jefferson Street Capital LLC, have agreed to an exchange at a premium to the current market, $0.11/sh, settling the debts in full.The debts are fully settled, this includes any and all interest, fees, warrants, etc. Originally the debt included a 50% discount to market conversion rate, interest and other provisions. By settling at $0.11/share, iQSTEL and shareholders not only benefit from the debt reduction but this premium to market shows serious confidence in the ability of iQSTEL management to continue executing on their business plan. Any...
Halvårsrapport 2020
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Fondsbørsmeddelelse 12/2020Et generelt tilfredsstillende halvårsresultat– men påvirket af negative forventninger som følge af coronakrisen.Resultatet før skat for 1. halvår 2020 udgør 17,9 mio. kr., hvilket er 62,9 mio. kr. lavereend samme periode i 2019 (80,9 mio. kr.).Basisresultatet (resultat før nedskrivninger på udlån, kursreguleringer og skat) errealiseret med 55,6 mio. kr., svarende til et mindre fald på 0,7 mio. kr. (-1,3%) iforhold til 1. halvår 2019.En samlet negativ kursregulering på -2,6 mio. kr., som følge af negativekursreguleringer fra obligationer, mens sektoraktier og valuta bidrager med etpositivt afkast.Nedskrivninger på udlån udgør en udgift på 35,1 mio. kr. Heraf vedrører 28,5 mio.kr. ledelsesmæssige skøn vedrørende coronakrisen.Bankens samlede udlån, indlån (inkl. puljer) og garantier pr. 30 juni 2020 udgør15,9 mia....
Skeljungur hf.: Skeljungur will publish Q2 2020 financial results on Wednesday August 12 – investor meeting on August 13, at 8.30
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Skeljungur hf. will publish its Q2 2020 financial results after market have closed on Wednesday, August 12, 2020.Skeljungur will host an open meeting for investors, analysts and the press on Thursday, August 13, at 8:30 am at Skeljungur’s headquarters, Borgartún 26, 8th floor, 105 Reykjavík. Light refreshments will be served from 8:15 am.CEO Árni Pétur Jónsson and CFO Ólafur Þór Jóhannesson, will give an overview of the financial results and operational highlights. After the presentation attendees will have opportunity to further discussion with Skeljungur’s management.The presentation will be available on Skeljungur‘s website, https://www.skeljungur.is/fyrir-fjarfesta after the meeting.For further information please contact Árni Pétur Jónsson, CEO, investors@skeljungur.is.Skeljungur is an energy company with operations in Iceland and...