Day: August 5, 2020

Tenaris anuncia los resultados del segundo trimestre de 2020

Written by Customer Service on August 5, 2020. Posted in Public Companies.

La información financiera y operativa incluida en este comunicado de prensa está basada en estados contables intermedios consolidados condensados no auditados presentados en dólares estadounidenses (US$) y preparados de acuerdo con las Normas Internacionales de Información Financiera, según fueron emitidas por la Junta de Normas Internacionales de Contabilidad y adoptadas por la Unión Europea (NIIF). Asimismo, este comunicado de prensa incluye medidas alternativas del rendimiento que no son NIIF, es decir, EBITDA, Flujo libre de efectivo y Efectivo/deuda neta. Para más información sobre estas medidas alternativas del rendimiento, ver el Anexo I.LUXEMBURGO, Aug. 05, 2020 (GLOBE NEWSWIRE) — Tenaris S.A. (NYSE y México: TS y MTA Italia: TEN) (“Tenaris”) anunció hoy los resultados del trimestre finalizado el 30 de junio de 2020 comparados...

Sonic Foundry Announces Appointment of Joseph Mozden as New CEO

Written by Customer Service on August 5, 2020. Posted in Public Companies.

MADISON, Wis., Aug. 05, 2020 (GLOBE NEWSWIRE) — Sonic Foundry, Inc. (OTC: SOFO) announced today that its Board of Directors has unanimously chosen Joe Mozden, Jr. as the company’s new Chief Executive Officer, effective September 14. Mozden most recently served in executive management roles at DeVry University focusing on developing and implementing innovative e-learning revenue growth strategies by engaging a new corporate client base, delivering new services and expanding overseas. The selection of Mozden caps a search process initiated by the Board to find a chief executive officer with the experience and skill-set to rapidly expand customer usage of Sonic Foundry’s existing products to facilitate e- learning, media connectivity, and video data storage and retrieval required in the public and private sectors as institutions turn...

Infinera Corporation Announces CEO and Board Transition Plans

Written by Customer Service on August 5, 2020. Posted in Public Companies.

SUNNYVALE, Calif., Aug. 05, 2020 (GLOBE NEWSWIRE) — Infinera Corporation (NASDAQ: INFN) today announced a succession plan to transition its leadership in the coming months.Tom Fallon will be stepping down as Infinera’s CEO and David Heard, the Company’s Chief Operating Officer, will be succeeding him. This transition is expected to take place by the end of 2020 on a date to be determined. Mr. Fallon, in his 17th year with Infinera and 11th as CEO, will remain on the Board of Directors.“I couldn’t be more pleased with the Board’s selection of David as Infinera’s next CEO and I have the utmost confidence in his ability to successfully lead the company in its next phase of growth,” said Mr. Fallon, Infinera CEO. “When David joined Infinera three years ago, our objective was to bring onboard a Chief Operating Officer who would be positioned...

CORRECTION – U.S. Well Services Announces Second Quarter 2020 Financial and Operational Results

Written by Customer Service on August 5, 2020. Posted in Public Companies.

HOUSTON, Aug. 05, 2020 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by U.S. Well Services, Inc. (NASDAQ: USWS) please note that in the Conference Call section, the time of the conference call was incorrectly stated as 10:00 am Central / 9:00 am Eastern Time, but it is at 10:00 am Central / 11:00 am Eastern Time. The corrected release follows:U.S. Well Services, Inc. (the “Company”, “U.S. Well Services” or “we”) (NASDAQ: USWS) today reported second quarter 2020 financial and operational results. Second Quarter 2020 HighlightsAveraged 3.4 fully-utilized fleets compared to 8.9 fully-utilized fleets during the first quarter of 2020Total revenue of $39.8 million compared to $112.0 million in the first quarter of 2020Net loss attributable to the Company of $18.1 million compared to net loss of $172.4 million...

CTO Realty Growth Announces Sale of Carrabba’s Italian Grill in Austin, Texas for $2.5 Million

Written by Customer Service on August 5, 2020. Posted in Public Companies.

DAYTONA BEACH, Fla., Aug. 05, 2020 (GLOBE NEWSWIRE) — CTO Realty Growth (NYSE American: CTO) (the “Company”) today announced the closing of the sale of a property located in Austin, Texas leased to Carrabba’s Italian Grill (“Carrabba’s”), for a sales price of approximately $2.5 million, reflecting an exit cap rate of approximately 6.4%. The property is currently under an absolute net lease to Carrabba’s with approximately 11 years remaining on the initial term of the lease. The proceeds are expected to be part of a future Section 1031 like-kind exchange. The Company estimates a loss on the sale of approximately $94,000, or $0.02 per share, after tax. With the closing of this transaction, the Company has over $36 million of proceeds held in 1031 restricted cash accounts. Year to date, the Company has completed the sale of six single-tenant...

United Community Banks, Inc. Announces Quarterly Cash Dividends on Common and Preferred Stock

Written by Customer Service on August 5, 2020. Posted in Public Companies.

GREENVILLE, S.C., Aug. 05, 2020 (GLOBE NEWSWIRE) — United Community Banks, Inc. (NASDAQ: UCBI) (“United”), reported that its Board of Directors approved a quarterly cash dividend of $0.18 per share on the Company’s common stock. The dividend is payable October 5, 2020 to shareholders of record on September 15, 2020. The Board of Directors also approved a quarterly cash dividend of $453.559 per share (equivalent to $0.453559 per depositary share or 1/1000th interest per share) on the Company’s 6.875% Non-Cumulative Perpetual Preferred Stock, Series I (NASDAQ: UCBIO). The dividend is payable September 15, 2020 to shareholders of record on August 31, 2020. About United Community Banks, Inc.United Community Banks, Inc. (NASDAQ: UCBI) (United) is a bank holding company headquartered in Blairsville, Georgia, with executive offices in...

Aeterna Zentaris Announces Closing of $7.0 Million Registered Direct Offering Priced At-The-Market

Written by Customer Service on August 5, 2020. Posted in Public Companies.

CHARLESTON, S.C., Aug. 05, 2020 (GLOBE NEWSWIRE) — Aeterna Zentaris Inc. (NASDAQ: AEZS; TSX: AEZS) (the “Company”), a specialty biopharmaceutical company commercializing and developing therapeutics and diagnostic tests, announced today the closing of its previously announced registered direct offering with several institutional investors in the United States for 12,427,876 common shares, at a purchase price of $0.56325 per common share, priced at-the-market under Nasdaq rules. Additionally, the Company issued to the investors unregistered warrants to purchase up to an aggregate of 9,320,907 common shares in a concurrent private placement. The warrants have an exercise price of $0.47 per common share, are exercisable immediately and will expire five and one-half years following the date of issuance. The gross proceeds to the Company...

Parex Q2 2020 Results: Increased Working Capital to US$339 mm, Debt Free and Repurchased 1.1 mm Shares

Written by Customer Service on August 5, 2020. Posted in Public Companies.

CALGARY, Alberta, Aug. 05, 2020 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT), a company focused on Colombian oil exploration and production, announces its unaudited financial and operating results for the three months ended June 30, 2020 (“Second Quarter” or “Q2”). All amounts herein are in United States Dollars (“USD”) unless otherwise stated.Please note Parex will hold a conference call on Thursday, August 6, 2020 beginning at 9:30 am Mountain Time to discuss the Second Quarter results.2020 Second Quarter Highlights: Best-in-Class Balance SheetQuarterly average production was 40,858 barrels of oil equivalent per day (“boe/d”) (consisting of 39,664 barrels per day (“bbls/d”) of crude oil and 7,164 thousand cubic feet per day (“mcf/d’) of conventional natural gas...

Liquidia to Present at the 2020 Wedbush PacGrow Healthcare Virtual Conference

Written by Customer Service on August 5, 2020. Posted in Public Companies.

RESEARCH TRIANGLE PARK, N.C., Aug. 05, 2020 (GLOBE NEWSWIRE) — Liquidia Technologies, Inc. (Nasdaq: LQDA), a late-stage clinical biopharmaceutical company focused on the development and commercialization of novel products utilizing its proprietary PRINT® technology, today announced that Neal Fowler, Chief Executive Officer of Liquidia, will present a company overview at the 2020 Wedbush PacGrow Healthcare Virtual Conference on Tuesday, August 11, 2020 at 10:20am Eastern time.A link to the live audio webcast and replay of the presentation will be available on the Events & Presentations page of the Company’s corporate website, and will be archived for a minimum of 90 days.About LiquidiaLiquidia is a late-stage clinical biopharmaceutical company focused on the development and commercialization of novel products using its proprietary...

Security Bancorp, Inc. Announces Second Quarter Earnings

Written by Customer Service on August 5, 2020. Posted in Earnings Releases And Operating Results.

MCMINNVILLE, Tenn., Aug. 05, 2020 (GLOBE NEWSWIRE) — Security Bancorp, Inc. (“Company”) (OTCBB: “SCYT”), the holding company for Security Federal Savings Bank of McMinnville, Tennessee, today announced consolidated earnings for the second quarter of its fiscal year ended December 31, 2020.Net income for the three months ended June 30, 2020 was $516,000, or $1.36 per share, compared to $655,000, or $1.70 per share, for the same quarter last year. For the six months ended June 30, 2020, the Company’s net income was $1.1 million or $2.89 per share, compared to $1.3 million, or $3.28 per share, for the same period in 2019.For the three months ended June 30, 2020, net interest income decreased $161,000, or 8.3%, to $1.8 million from $1.9 million for the same period in 2019. For the six months ended June 30, 2020, net interest income decreased...

Day: August 5, 2020

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