Day: August 12, 2020

CALGARY, Alberta, Aug. 12, 2020 (GLOBE NEWSWIRE) — Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) announces second quarter results for the period ended June 30, 2020.Results at a Glance(1) Weighted average number of shares outstanding during the period, basic(2) Based on the number of shares issued and outstanding at each record date(3) See Non-GAAP Financial Measures(4) See Conversion of Natural Gas to Barrels of Oil Equivalent (boe)President’s Message

– Enrollment Complete in the Phase 3 DeFi Trial of Nirogacestat in Adult Patients with Desmoid Tumors – – First Patient Dosed in Phase 1b Study Evaluating Nirogacestat in Combination with GlaxoSmithKline’s Anti-B-Cell Maturation Antigen (BCMA) Antibody-Drug Conjugate, BLENREP (belantamab mafodotin-blmf), for the Treatment of Relapsed or Refractory Multiple Myeloma –STAMFORD, Conn., Aug. 12, 2020 (GLOBE NEWSWIRE) — SpringWorks Therapeutics, Inc. (Nasdaq: SWTX), a clinical-stage biopharmaceutical company focused on developing life-changing medicines for patients with severe rare diseases and cancer, today reported second quarter financial results for the period ended June 30, 2020 and provided an update on recent company developments.“We continued to advance our six clinical programs during the second quarter of...

License Deals with Millennium Media, Whistle Sports, and MoreNew Distribution on Philo for Crackle and Popcornflix NetworksCOS COB, Conn., Aug. 12, 2020 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE), one of the largest operators of streaming advertising-supported video-on-demand (AVOD) networks, today announced new programming license deals and new distribution expansion on Philo for Crackle Plus.  Crackle Plus obtained the right to exhibit new content from various license deals through sister company Screen Media. The new license deals include 20 hours of content from Millennium Media including Belly of the Beast, Today You Die, and Derailed, 30 hours of content from Whistle Sports including The Stem10, 49 hours of content from Signature Entertainment Limited including TV series The Doctors and hundreds...

ArcelorMittal announces intention to build an EAF at AM/NS CalvertToday, ArcelorMittal announced its intention to build an Electric Arc Furnace (EAF) steel making facility at AM/NS Calvert. Once completed the planned facility will be capable of producing 1.5Mt of steel slabs for the Hot Strip Mill and producing a broad spectrum of steel grades required for Calvert’s end user markets. Construction is expected to take 24 months and the new facility is anticipated to create 300 additional jobs in the community.Commenting, Mr. Lakshmi Mittal, Chairman and CEO of ArcelorMittal said:“An electric arc furnace at Calvert makes strategic sense as it allows our asset to be more reactive to the local market as well as being in line with the USMCA. Furthermore, it aligns with our ambition of producing smarter steels for a better world.”Commenting,...

MARKHAM, Ontario, Aug. 12, 2020 (GLOBE NEWSWIRE) — Sienna Senior Living Inc. (“Sienna” or the “Company”) (TSX: SIA) today provided an update on its operations and announced its financial results for the three and six months ended June 30, 2020. The Unaudited Condensed Interim Consolidated Financial Statements and accompanying Management’s Discussion and Analysis are available on the Company’s website at www.siennaliving.ca and on SEDAR at www.sedar.com.“COVID-19 has highlighted the urgency to come up with solutions to better serve and protect our seniors,” said Nitin Jain, President and Chief Executive Officer of Sienna Senior Living. “Together with my team, we will focus on resident-centred, people-driven solutions to navigate the Company through this crisis and beyond.”COVID-19 UpdateSienna has always prioritized the health and...

SAINT PAUL, Minn., , Aug. 12, 2020 (GLOBE NEWSWIRE) — Image Sensing Systems, Inc. (Nasdaq: ISNS) today announced results for its quarter and first half ended June 30, 2020.Second Quarter 2020 Financial SummarySecond quarter royalties remained consistent at $2.2 million when compared to the same period in the prior year.Second quarter product sales were $1.2 million, a decrease of 42 percent from the same period in the prior year.Operating expenses totaled $2.4 million in the second quarter of 2020, an increase of 1 percent from the prior year period.There were no capitalized software costs in the second quarter of 2020 compared to $343,000 in the prior year period.Net income for the second quarter of 2020 totaled $150,000 compared to net income of $647,000 for the same period in the prior year.The Company received funding of $924,000...

Vroom Delivers Ahead of Growth PlanEcommerce Unit Sales Up 74%NEW YORK, Aug. 12, 2020 (GLOBE NEWSWIRE) — Vroom, Inc. (NASDAQ:VRM), a leading e-commerce platform for buying and selling used vehicles, today announced financial results for the second quarter ended June 30, 2020 (“Q2 2020”).HIGHLIGHTS OF SECOND QUARTER 20206,713 Ecommerce units sold, 1,110 TDA units sold, 3,259 Wholesale units soldRevenue of $253.1 millionGross profit of $7.6 millionAdjusted EBITDA of $(39.0) million(a)Loss from operations of $(41.4) millionAdjusted loss from operations of $(40.1) million(a)Net loss of $(63.2) millionNon-GAAP net loss of $(40.7) million(a)Net loss per share of $(2.00)Non-GAAP net loss per share, as adjusted of $(0.34)(a)           (a) See section entitled “Non-GAAP Measures” for adjustment details and reconciliations of these non-GAAP...

MINNEAPOLIS, Aug. 12, 2020 (GLOBE NEWSWIRE) — BBQ Holdings, Inc. (NASDAQ: BBQ) (the “Company”), an innovating global owner and operator of restaurants, today reported financial results for the second fiscal quarter ended June 28, 2020.  Note: The second quarter results were affected by the COVID-19 pandemic as well as federal and state level mandates requiring restaurants to limit or eliminate in-store dining.Second Quarter 2020 Highlights:Company-owned Famous Dave’s second quarter same store net sales decreased 22.9% compared to second quarter 2019.Franchise-operated same store net sales decreased 31.5%.Same store to-go sales increased 106.0% at Company-owned Famous Dave’s restaurants.Granite City second quarter same store net sales decreased 65.5% compared to second quarter 2019, however, Granite City same store sales grew from...