Day: August 17, 2020
REDWOOD CITY, Calif., Aug. 17, 2020 (GLOBE NEWSWIRE) — Talend (NASDAQ: TLND), a global leader in data integration and data integrity, today announced that its management team will be participating in the following conference:Citi’s 2020 Global Technology Virtual ConferenceSeptember 10, 2020Presentation Time: 11:25 am PT / 2:25 pm ETThe presentation will be webcast live and archived on Talend’s investor relations website at http://investor.talend.com. The replay of the presentation will be available on the website for at least 30 days.About TalendTalend (NASDAQ: TLND), a leader in data integration and data integrity, enables every company to find clarity amidst the data chaos.Talend is the only company to bring together in a single platform all the necessary capabilities that ensure enterprise data is complete, clean, uncompromised,...
Arco Platform Limited Reports Second Quarter and First Half 2020 Financial Results
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2Q20 Net revenues up 71% Year-Over-Year, reaffirming Arco’s resilient business model and high-quality solutions. SÃO PAULO, Brazil, Aug. 17, 2020 (GLOBE NEWSWIRE) — Arco Platform Limited, or Arco (Nasdaq: ARCE), today reported financial and operating results for the second quarter 2020 ended June 30, 2020.“The superior academic results are possible because we have a customer-oriented culture, attached to our always-evolving proprietary methodology, break-through technology-driven platform and tailored pedagogical consultancy. These pillars are not established overnight. They come from over 50 years of experience in education with a clear focus on quality.”First Half 2020 ResultsNet Revenue of R$496.4 million;Net Profit of R$20.1 million;Adjusted Net Income of R$114.1 million; andAdjusted EBITDA of R$197.5 million.Second Quarter...
Forward Industries Acquires Kablooe Design
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HAUPPAUGE, N.Y. and MINNEAPOLIS, Aug. 17, 2020 (GLOBE NEWSWIRE) — Forward Industries (NASDAQ:FORD) today announced the acquisition of substantially all of the assets of Kablooe Design (Kablooe), an innovative leading medical and consumer design and development company based in Minneapolis, Minnesota for consideration comprising of cash, equity, assumed debt and contingent earn outs.Kablooe is located in the US’s 3rd largest medical device development hub and its clients include leading brands in medical devices including Medtronic, Boston Scientific, Coloplast, Atricure, Cega Innovations and Rapid Diagnostek. Commenting on the transaction, Terry Wise, CEO of Forward Industries remarked, “I am delighted and excited with the acquisition of Kablooe Design. Located in one of the heartlands of medical device development hubs, the company...
BlueLinx Announces Closing of Sale-Leaseback Transaction
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MARIETTA, Ga., Aug. 17, 2020 (GLOBE NEWSWIRE) — BlueLinx Holdings Inc. (NYSE: BXC), a leading distributor of building and industrial products in the United States, today announced that it has completed a sale-leaseback transaction for its owned distribution facility in Denver, Colorado, for net cash proceeds of $10.6 million. The transaction closed on August 14, 2020, and as a part of the transaction, the Company entered into a lease agreement for the property with multiple renewal options, demonstrating its long-term commitment to this local market.Net proceeds from the sale-leaseback transaction were used to repay indebtedness under the Company’s term loan. Following this repayment, the balance of the Company’s term loan was approximately $57.8 million. As previously announced, the Company will no longer be subject to the term...
RedBall Acquisition Corp. Completes $575 Million Initial Public Offering
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NEW YORK, Aug. 17, 2020 (GLOBE NEWSWIRE) — RedBall Acquisition Corp. (the “Company”) today announced the closing of its initial public offering of 57,500,000 units, which includes 7,500,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full. The offering was priced at $10.00 per unit, resulting in gross proceeds of $575,000,000.RedBall Acquisition Corp. is a new blank check company incorporated as a Cayman Islands exempted company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an acquisition opportunity in any industry or sector, it intends to focus on businesses in the sports, media and data analytics sectors, with a focus on professional...
Seanergy Maritime Holdings Corp. Announces Public Offering of Common Shares and Warrants
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ATHENS, Greece, Aug. 17, 2020 (GLOBE NEWSWIRE) — Seanergy Maritime Holdings Corp. (the “Company”) (NASDAQ: SHIP), announced today that it has commenced an underwritten public offering of its common shares and warrants to purchase common shares. The Company intends to use the net proceeds from this offering for general corporate purposes. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed.Maxim Group LLC is acting as the sole book-running manager and Fearnley Securities is acting as lead manager for the offering.The securities described above are being offered by Seanergy Maritime Holdings Corp. pursuant to a registration statement (File No. 333-226796) previously filed and declared effective by the Securities and Exchange Commission (SEC). The securities...
Navios Maritime Holdings Inc. Announces the Date for the Release of Second Quarter 2020 Results, Conference Call and Webcast
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MONACO, Aug. 17, 2020 (GLOBE NEWSWIRE) — Navios Maritime Holdings Inc. (“Navios Holdings”) (NYSE:NM) announced today that it will host a conference call on Thursday, August 20, 2020 at 8:30 am ET, at which time Navios Holdings’ senior management will provide highlights and commentary on earnings results for the second quarter and six months ended June 30, 2020. The Company will report results for the second quarter and six months ended June 30, 2020, prior to the conference call.A supplemental slide presentation will be available on the Navios Holdings website at www.navios.com under the “Investors” section by 8:00 am ET on the day of the call.Conference Call details:Call Date/Time: Thursday, August 20, 2020 at 8:30 am ETCall Title: Navios Holdings Q2 2020 Financial Results Conference CallUS Dial In:...
Appulse Corporation: Reporting results for the Six Months ended June 30, 2020
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CALGARY, Alberta, Aug. 17, 2020 (GLOBE NEWSWIRE) — Appulse Corporation (“Appulse”) today reported a net income of $543,000 ($.04 per share) for the six months ended June 30, 2020 with revenues of $4,908,000, compared to a net income of $279,000 ($.02 per share) and revenues of $5,460,000 for the same six-month period of the previous year. Operating cash flow (net income adjusted for items not involving cash) for the six-month period ended June 30, 2020 of $815,000 compares to operating cash flow of $691,000 for the same period of 2019.An increase in the sale of centrifuge parts during the six-month period was offset by lower service and centrifuge machine sale revenues, resulting in a 10% reduction in total revenue compared to the same period of the prior year. Management attributes this reduction to the uncertainty and delays created...
TOFUTTI ANNOUNCES SECOND QUARTER AND SIX MONTH RESULTS
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Cranford, New Jersey, Aug. 17, 2020 (GLOBE NEWSWIRE) — TOFUTTI BRANDS INC. (OTCQB Symbol: TOFB) today announced its results for the thirteen and twenty-six week periods ended June 27, 2020.Tofutti Brands reported net sales for the thirteen weeks ended June 27, 2020 of $3,243,000 compared to net sales of $3,143,000 for the thirteen weeks ended June 29, 2019. The Company’s gross profit increased to $1,015,000 for the thirteen weeks ended June 27, 2020 from $860,000 for the thirteen weeks ended June 29, 2019, and its gross profit percentage increased to 31% for the thirteen weeks ending June 27, 2020 compared to 27% for the thirteen weeks ending June 29, 2019. The Company had net income of $146,000, or $0.03 per share (basic and diluted), for the thirteen weeks ended June 27, 2020, compared to net income of $62,000, or $(0.01) per...
Seacoast Banking Corporation of Florida Announces Management Appointments Expanding Its Credit and Analytics Function
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Hires Richard Raiford as Chief Credit Officer; Appoints David Houdeshell as Director of Credit Analytics and PolicySTUART, Fla., Aug. 17, 2020 (GLOBE NEWSWIRE) — Seacoast Banking Corporation of Florida (NASDAQ: SBCF) (the “Company” or “Seacoast”) today announced it has hired Richard Raiford as executive vice president and chief credit officer. David Houdeshell, currently executive vice president and chief credit officer, will assume a newly created role leading the Company’s growing credit analytics and policy division.“As Seacoast continues its growth as Florida’s preeminent community bank, we will continue to expand our leadership team. We believe that Richard’s previous credit experience at several large and well-respected institutions adds depth to our credit team, and should position...