Day: August 11, 2020

GEORGE TOWN, Grand Cayman, Aug. 11, 2020 (GLOBE NEWSWIRE) — StoneCo Ltd. (Nasdaq: STNE) (“Stone” or the “Company”), a leading provider of financial technology solutions that empower merchants to conduct commerce seamlessly across multiple channels, today reports its financial results for its second quarter ended June 30, 2020.To our shareholders:“As the world continues to face the public health and economic challenges caused by the COVID-19 crisis, Stone remains focused on our mission – and we continue to find ways to help merchants to thrive through the offering of best-in-class service and products delivered by an amazing and talented team of hard-working people who always put our clients at the center of everything we do.Our Business is Strong and Fairly ResilientIn the second quarter of 2020, our business began to rebound...

SÃO PAULO, Brazil, Aug. 11, 2020 (GLOBE NEWSWIRE) — StoneCo Ltd. (Nasdaq: STNE) (“Stone” or the “Company”), a leading provider of financial technology solutions that empower merchants to conduct commerce seamlessly across multiple channels, today announces that it has signed a definitive agreement for STNE Participações S.A., a controlled company of Stone that holds the software investments business of the Stone group in Brazil, to merge its business with Linx (B3: LINX3; NYSE: LINX), a leading provider of retail management software in Brazil.Overview of LinxLinx is a leading technology company that develops and provides affordable, easy-to-use, reliable and integrated software solutions to over 70,000 retail clients across more than 100,000 storefronts with approximately R$300 billion of gross transaction volume (GTV), through...

ATLANTA, Aug. 11, 2020 (GLOBE NEWSWIRE) — Mueller Water Products, Inc. (NYSE: MWA) will participate in an investor call sponsored by RBC Capital Markets on Wednesday, August 12, 2020, at 10:00 a.m. ET.  For access to the call, please email Tricia Ganning at Patricia.ganning@rbccm.com.  Following the call, a link to the call recording will be available on the “Events & Presentations” section of Mueller Water Products’ Investor webpage — http://ir.muellerwaterproducts.com.About Mueller Water Products, Inc.Mueller Water Products, Inc. (NYSE: MWA) is a leading manufacturer and marketer of products and services used in the transmission, distribution and measurement of water in North America.  Our broad product and service portfolio includes engineered valves, fire hydrants, pipe connection and repair products, metering products,...

AUSTIN, Texas, Aug. 11, 2020 (GLOBE NEWSWIRE) — Atlas Technical Consultants, Inc. (NASDAQ: ACTX) (“Atlas” or the “Company”), announced today that it has launched a public offering of 6,250,000 shares of its Class A common stock, par value $0.0001 per share (the “Class A common stock”), pursuant to a registration statement on Form S-1 (the “Registration Statement”) filed with the U.S. Securities and Exchange Commission (the “SEC”). Of the 6,250,000 shares of Class A common stock to be sold in the offering, the Company is offering 5,000,000 shares and the selling stockholder named in the Registration Statement (the “Selling Stockholder”) is offering 1,250,000 shares. In addition, the Selling Stockholder intends to grant the underwriters a 30-day option to purchase up to an additional 937,500 shares of Class A common stock at the public...

NEW YORK, Aug. 11, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) today reported financial results for the second quarter of 2020.SECOND QUARTER FINANCIAL HIGHLIGHTS (UNAUDITED)Second quarter reported revenue was $27.1 million, a 53% increase compared to the same period in 2019, and a 12% increase compared to the first quarter of 2020.Pro forma revenue* was $43.8 million, a 70% increase compared to the same period in 2019, and a 16% increase compared to the first quarter of 2020.Pro forma same store sales growth was 46%, the sixth consecutive quarter of double-digit growth. Same store sales growth was driven by strong check and transaction growth.Gross margin was 41.4%, a 150 basis point decrease versus the same period in 2019, and a 30 basis point increase compared to the first...

TORONTO, Aug. 11, 2020 (GLOBE NEWSWIRE) — Clairvest Group Inc. (TSX: CVG) (“Clairvest” or “the Company”), announced today that all of the nominees listed in its Management Information Circular were elected as directors of Clairvest Group Inc. at the Company’s Annual General Meeting held on August 11, 2020 in Toronto, Ontario, Canada.Each of the directors were elected by a majority of the votes cast by the shareholders present or represented by proxy. The results of the vote are detailed below:About ClairvestClairvest Group Inc. is a private equity management firm that invests its own capital, and that of third parties through the Clairvest Equity Partners limited partnerships, in businesses that have the potential to generate superior returns. In addition to providing financing, Clairvest contributes strategic expertise and execution...

VANCOUVER, British Columbia, Aug. 11, 2020 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport Fuel Systems” or the “Company”) (TSX:WPRT / Nasdaq:WPRT) today announced that they have secured a €7 million loan from Deutsche Bank to improve liquidity during the COVID-19 pandemic and finance capital investments for long-term growth.The six-year €7 million term loan was issued to Westport Fuel Systems’ Italian subsidiary, Emer S.p.A (“Emer”), under the Italian government’s Decreto Liquidità (“Liquidity Decree”), an enhanced framework of business support established to help manage the challenges of COVID-19. This loan provides Emer with improved liquidity for working capital, payroll, and capital investments.“Our Italian facilities are in full-recovery mode and we remain focused on providing our customers around the world with affordable,...

TORONTO, Aug. 11, 2020 (GLOBE NEWSWIRE) — Just Energy Group Inc. (“Just Energy” or the “Company”) a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions and renewable energy options to customers, today confirmed that the Company will release operating results for the first quarter of fiscal 2021 prior to market open on August 24, 2020. The Company will host a conference call and live webcast with Scott Gahn, Just Energy’s Chief Executive Officer, and Jim Brown, Chief Financial Officer, to review the fiscal first quarter results beginning at 11:00 a.m. Eastern Time on August 24, 2020.Those who wish to participate in the conference call may do so by dialing 1-877-501-3160 in the U.S. and Canada. International callers may join the call by dialing 1-786-815-8442. The...

Revenue Increases 267% to $16.4MOperating Profit Rises to $2.7M – the Company’s First Ever Q1 Profit    Gross Margin Improves 1,200+ basis points to 45%Favorable Sales Trends Continue – Accelerated by COVID-19“Grow Anything” Appliance Set to Launch in Q2BOULDER, Colo., Aug. 11, 2020 (GLOBE NEWSWIRE) — AeroGrow International, Inc. (OTCQB: AERO) (“AeroGrow” or the “Company”), the manufacturer and distributor of AeroGardens – the world’s leading family of In-Home Garden Systems™ – announced today its results for the Quarter ended June 30, 2020.For the 1st quarter of Fiscal Year (FY) 2021 ended June 30, 2020 the Company recorded net revenue of $16.4 million, an increase of 267% from $4.5M in the same period in the prior year.  Income from Operations was $2.7M, up from a loss of $1.1M in the prior year period. “Our...

BEIJING, Aug. 11, 2020 (GLOBE NEWSWIRE) — BlueCity Holdings Limited (“BlueCity” or the “Company”) (NASDAQ: BLCT), a world’s leading online LGBTQ platform, today announced that it will report its second quarter 2020 unaudited financial results on Wednesday, August 26, 2020, before the open of U.S. market.BlueCity’s management team will host an earnings conference call at 8:00 AM on Wednesday, August 26, 2020, U.S. Eastern Time (8:00 PM on August 26, 2020, Beijing/Hong Kong Time).               Please register in advance of the conference using the link provided below. Conference access information will be provided upon registration.Participant Online Registration: http://apac.directeventreg.com/registration/event/1189478A replay of the conference call may be accessed by phone at the following numbers until September 3, 2020....