Day: August 11, 2020

Pennant Reports 2020 Second Quarter Results

Written by Customer Service on August 11, 2020. Posted in Public Companies.

EAGLE, Idaho, Aug. 11, 2020 (GLOBE NEWSWIRE) — The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced its operating results for the second quarter of fiscal year 2020, reporting GAAP diluted earnings per share of $0.15 for the quarter and adjusted diluted earnings per share of $0.24 for the quarter(1).Second Quarter HighlightsTotal revenue was $92.7 million, an increase of $10.0 million or 12.1% over the prior year quarter; GAAP earnings per share was $0.15, an increase of 15.4% over the prior year quarter, adjusted earnings per share was $0.24, an increase of 118.2% over the spin-adjusted prior year quarter(2), and adjusted EBITDA for the second quarter was $10.9 million, an increase of $4.1 million or 59.6% over the prior year...

Landec Corporation Reports Fourth Quarter and Full Year 2020 Results

Written by Customer Service on August 11, 2020. Posted in Public Companies.

SANTA MARIA, Calif., Aug. 11, 2020 (GLOBE NEWSWIRE) — Landec Corporation (Nasdaq: LNDC), a diversified health and wellness company with two operating businesses, Curation Foods, Inc. and Lifecore Biomedical, Inc., reported results for the fiscal 2020 fourth quarter and full year ended May 31, 2020. The Company previously announced its preliminary fiscal 2020 fourth quarter revenue and other select financial metrics on June 29, 2020. Looking forward, Landec intends to create further stockholder value by delivering against its long-term financial targets, strengthening its balance sheet, selectively investing in innovation and growth, and implementing strategic priorities to improve operating margins at Curation Foods and driving topline growth at Lifecore.FISCAL FOURTH QUARTER 2020 BUSINESS HIGHLIGHTS:Revenues of $156.1 million,...

Amdocs Completes Acquisition of Openet to Accelerate the Pace of Taking the Communications Industry to the Cloud and Help Service Providers Differentiate in the 5G Era

Written by Customer Service on August 11, 2020. Posted in Mergers And Acquisitions.

ST. LOUIS, Aug. 11, 2020 (GLOBE NEWSWIRE) — Amdocs (NASDAQ: DOX), a leading provider of software and services to communications and media companies, today announced that it has completed the acquisition of Openet, a world-leading provider of 5G charging, policy and cloud technologies. This acquisition brings together Openet’s open and network-centric technologies with Amdocs’ 350+ service provider customers worldwide, helping them to succeed in the wave of 5G advancements around cloud, edge compute, IoT and new customer experiences.“We are delighted to welcome Openet and its customers to Amdocs and look forward to working together to bring world-class cloud-native capabilities, network pedigree, and deep 5G charging, policy and data management expertise to service providers around the world,” said Anthony Goonetilleke, group president...

Artisan Partners Asset Management Inc. Reports July 2020 Assets Under Management

Written by Customer Service on August 11, 2020. Posted in Public Companies.

MILWAUKEE, Aug. 11, 2020 (GLOBE NEWSWIRE) — Artisan Partners Asset Management Inc. (NYSE: APAM) today reported that its assets under management (“AUM”) as of July 31, 2020 totaled $127.8 billion. Separate accounts1 accounted for $67.8 billion of total firm AUM, while Artisan Funds and Artisan Global Funds accounted for $60.0 billion.1 Separate account AUM consists of the assets we manage in or through vehicles other than Artisan Funds or Artisan Global Funds. Separate account AUM includes assets we manage in traditional separate accounts, as well as assets we manage in Artisan-branded collective investment trusts, in funds (both public and private) that we sub-advise, and in our own privately offered funds.2 Other Assets Under Management includes AUM managed by the Credit Team in the Credit Opportunities strategy and by...

SUMR Brands Reports Second Quarter Results

Written by Customer Service on August 11, 2020. Posted in Public Companies.

WOONSOCKET, R.I., Aug. 11, 2020 (GLOBE NEWSWIRE) — SUMR Brands (“SUMR Brands” or the “Company”) (NASDAQ: SUMR), a global leader in premium infant and juvenile products, today announced financial results for the second quarter ended June 27, 2020.Recent HighlightsNet sales were $38.2 million in the second quarter versus $46.4 million in the prior-year period, reflecting the impact of COVID-19 on certain retail availability as well as supplier constraints in a few locations, which have since substantially improvedReflecting the Company’s ongoing restructuring initiatives and cost-cutting activities, G&A declined to $6.7 million in the second quarter from $8.1 million in the first quarter and $8.5 million in last year’s comparable periodSUMR Brands reported net income of $1.3 million, or $0.61 per share,...

Linda Hudson Joins the Board of Directors of TPI Composites, Inc.

Written by Customer Service on August 11, 2020. Posted in Public Companies.

SCOTTSDALE, Ariz., Aug. 11, 2020 (GLOBE NEWSWIRE) — TPI Composites, Inc. (TPI) (Nasdaq: TPIC), the only independent manufacturer of composite wind blades with a global footprint, announced today that Linda Hudson has joined its board of directors, effective August 11, 2020. Ms. Hudson also will serve on the Nominating and Corporate Governance Committee and Technology Committee of the Board. Ms. Hudson brings over 35 years of broad experience managing global operations in complex and highly regulated business environments.“We are excited to have Linda join our board,” said Steven Lockard, TPI’s Chairman of the Board. “We will greatly benefit from Linda’s chief executive officer and public company board experience as well as her global operations expertise as TPI continues to execute its strategy of diversified, profitable global...

People Corporation to Present at Canaccord Genuity 40th Annual Growth Conference

Written by Customer Service on August 11, 2020. Posted in Public Companies.

WINNIPEG, Manitoba, Aug. 11, 2020 (GLOBE NEWSWIRE) — People Corporation (TSX Venture: PEO) (“People Corporation” or the “Company”), today announced that Laurie Goldberg, Executive Chairman & CEO will deliver a virtual presentation at the upcoming Canaccord Genuity 40th Annual Growth Conference on Wednesday, August 12th, 2020 at 9:30 AM EDT.About People CorporationPeople Corporation (https://www.peoplecorporation.com) is a national provider of group benefits, group retirement and human resource services. The Company has offices across Canada, each led by a team of experts and backed by the resources of a national company that is traded on the TSX-V. The Company’s industry experts provide uniquely valuable insight while customizing an innovative suite of services to the specific needs of its clients. Whatever your sector, whatever...

Gaming and Leisure Properties Announces Pricing of $200,000,000 of Additional 4.000% Senior Notes Due 2031

Written by Customer Service on August 11, 2020. Posted in Public Companies.

WYOMISSING, Pa., Aug. 11, 2020 (GLOBE NEWSWIRE) — Gaming and Leisure Properties, Inc. (“GLPI”) (NASDAQ: GLPI) today announced the pricing of a public offering of $200.0 million aggregate principal amount of 4.000% Senior Notes Due 2031 (the “Additional Notes”), to be issued by its operating partnership, GLP Capital, L.P. (the “Operating Partnership”), and GLP Financing II, Inc., a wholly owned subsidiary of the Operating Partnership (together with the Operating Partnership, the “Issuers”). The Additional Notes will be issued as additional notes under the indenture that governs the Issuers’ $500.0 million aggregate principal amount of 4.000% Senior Notes Due 2031 issued on June 25, 2020 (the “Initial Notes”), and will have substantially identical terms and conditions as those of the Initial Notes (other than issue date and issue...

Aprea Therapeutics Reports Second Quarter 2020 Financial Results and Provides Update on Business Operations

Written by Customer Service on August 11, 2020. Posted in Public Companies.

BOSTON, Aug. 11, 2020 (GLOBE NEWSWIRE) — Aprea Therapeutics, Inc. (Nasdaq: APRE), a biopharmaceutical company focused on developing and commercializing novel cancer therapeutics that reactivate mutant tumor suppressor protein, p53, today reported financial results for the three and six months ended June 30, 2020 and provided a business update.“The full enrollment in June of our Phase 3 clinical trial evaluating eprenetapopt (APR-246) with azacitidine for the treatment of front-line TP53 mutant myelodysplastic syndromes (MDS) was a major milestone for Aprea and we look forward to top-line data by year-end 2020,” said Christian S. Schade, President and Chief Executive Officer of Aprea. “In addition, we continue to advance the clinical development of eprenetapopt in different clinical settings and have recently enrolled the first...

Wolverine Worldwide Names Brendan Hoffman as New President

Written by Customer Service on August 11, 2020. Posted in Public Companies.

ROCKFORD, Mich., Aug. 11, 2020 (GLOBE NEWSWIRE) — Wolverine World Wide, Inc. (NYSE: WWW), which operates one of the world’s largest portfolios of footwear and lifestyle brands, today announced the appointment of Brendan Hoffman as its next President and his appointment as a member of its Board of Directors, both effective on his expected start date of September 8, 2020. Hoffman will report to Blake W. Krueger, Wolverine Worldwide’s current Chairman, CEO and President. He is expected to transition over a period of time to become the future CEO of the Company.Hoffman brings 30 years of merchandising, digital marketing and omni-channel consumer direct experience from a variety of well-known brands and retailers. Most recently, he was CEO of Vince Holding Corp., a publicly traded global contemporary fashion brand. While at Vince, Hoffman...

Day: August 11, 2020

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals