Day: August 19, 2020
– Fiscal Year 2020 Revenue Increases 224% to $14.8 Million –– Fiscal Year 2021 Revenue Guidance Increases 40% to $42 Million, Representing a Potential 184% Increase from Total Revenue in Fiscal 2020 –SCOTTSDALE, Ariz., Aug. 19, 2020 (GLOBE NEWSWIRE) — AMMO, Inc. (OTCQB: POWW) (“AMMO” or the “Company”), a premier American ammunition and munition components manufacturer and technology leader, has reported financial results for its fiscal year ended March 31, 2020.Financial Summary for Fiscal Year 2020 vs. Fiscal Year 2019Total revenue increased 224% to $14.8 million compared to $4.6 million.– Proprietary ammunition revenue increased 17% to $3.0 million.– Standard ammunition revenue increased 154% to $3.6 million.– Casing revenue increased over 1,300% to $8.2 million.Net loss was $14.6 million compared to a net...
B Communications Reports Financial Results For the Second Quarter of 2020
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TEL-AVIV, Israel , Aug. 19, 2020 (GLOBE NEWSWIRE) — B Communications Ltd. (NASDAQ Global Select Market and TASE: BCOM) (“BCOM” or the “Company”), a holding company with a controlling interest in Israel’s largest telecommunications provider, Bezeq, The Israel Telecommunication Corporation Limited (“Bezeq”) (TASE: BEZQ), today reported its financial results for the second quarter of 2020.Comments of Tomer Raved, CEO of B Communications:“While the novel coronavirus pandemic (“COVID-19) continues to impact Israel and the global populations, our group is working to help consumers, businesses and communities in these uncertain times by maintaining and improving our leading telecom infrastructure, as well as by providing important services and support to the entire market. We continue to implement our strategy and vision for the Israeli...
Battalion Announces Appointment of New Chief Financial Officer
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Houston, Aug. 19, 2020 (GLOBE NEWSWIRE) — Battalion Oil Corporation (NYSEA: BATL, “Battalion” or the “Company”) today announced the appointment of Kevin Andrews as Executive Vice President, Chief Financial Officer and Treasurer of the Company effective August 17, 2020, replacing Ragan Altizer, who plans to retire from the oil and gas industry.Rich Little, Battalion’s Chief Executive Officer commented, “Kevin brings to Battalion a substantial track record in M&A, which will serve us well as we continue to evaluate responsible, accretive growth through consolidation. With the momentum we have achieved so far, I am pleased to leverage our strengths as a company in further pursuit of transformational change.”Mr. Andrews has led a successful career in oil and gas investment banking, most recently serving as Managing Director and...
NVIDIA Announces Financial Results for Second Quarter Fiscal 2021
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Record revenue of $3.87 billion, up 50 percent from a year earlierRecord Data Center revenue of $1.75 billion, up 167 percent from a year earlierMellanox growth accelerated in its first quarter as part of NVIDIA, contributed 14 percent of revenueSANTA CLARA, Calif., Aug. 19, 2020 (GLOBE NEWSWIRE) — NVIDIA (NASDAQ: NVDA) today reported record revenue for the second quarter ended July 26, 2020, of $3.87 billion, up 50 percent from $2.58 billion a year earlier, and up 26 percent from $3.08 billion in the previous quarter.GAAP earnings per diluted share for the quarter were $0.99, up 10 percent from $0.90 a year ago, and down 33 percent from $1.47 in the previous quarter. Non-GAAP earnings per diluted share were $2.18, up 76 percent from $1.24 a year earlier, and up 21 percent from $1.80 in the previous quarter.NVIDIA closed its acquisition...
BWR Exploration Inc. Increases Non-Brokered Unit Offering
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TORONTO, Aug. 19, 2020 (GLOBE NEWSWIRE) — BWR Exploration Inc. (TSX.V: BWR) (“BWR” or the “Company”) announces that due to investor demand, it has increased the proposed non-brokered, unit offering (the “Unit Offering”) announced on August 10, 2020.The Unit Offering has increased to a maximum of 8,000,000 units (the “Units”) set out below at a price of $0.05 per Unit. Each Unit will consist of one common share (a “Common Share”) of the Company and one-half Common Share purchase warrant. Two one-half Common Share purchase warrants comprise one Common Share purchase warrant (a “Full Warrant”) of the Company. Each Full Warrant will expire 36 months from the date of issue (the “Full Warrant Expiry Date”) and will entitle the holder thereof to purchase one Common Share (a “Full Warrant Share”) at a price of $0.075 per Full Warrant Share...
CooperCompanies to Participate in the Morgan Stanley Virtual Global Healthcare Conference
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SAN RAMON, Calif., Aug. 19, 2020 (GLOBE NEWSWIRE) — CooperCompanies (NYSE: COO), will participate in the Morgan Stanley Virtual 18th Annual Global Healthcare Conference, on September 16, 2020. Brian Andrews, Senior Vice President, Chief Financial Officer & Treasurer, will represent the Company in a session scheduled to begin at 2:45 pm ET.A webcast of the session will be available on the Investor Relations section of the Company’s website at http://investor.coopercos.com.About CooperCompaniesCooperCompanies (“Cooper”) is a global medical device company publicly traded on the NYSE (NYSE:COO). Cooper operates through two business units, CooperVision and CooperSurgical. CooperVision brings a refreshing perspective on vision care with a commitment to developing a wide range of high-quality products for contact...
TransUnion Promotes Teedra Bernard to Chief Talent and Diversity Officer
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CHICAGO, Aug. 19, 2020 (GLOBE NEWSWIRE) — TransUnion (NYSE: TRU) has appointed Teedra Bernard the company’s first-ever Senior Vice President and Chief Talent and Diversity Officer. In this role, effective immediately, Bernard is responsible for all of TransUnion’s global talent functions across the associate lifecycle, including talent acquisition, employment branding, onboarding, associate and manager training, leadership development, career development, employee engagement and experience, and employee relations. She reports to Anne Leyden, Executive Vice President and Chief Human Resources Officer, and serves as an advisor to the entire TransUnion executive team.“We are committed to making TransUnion a more diverse and inclusive company, and aligning all of our talent functions under a new leadership role will ensure a diversity...
Quanex Building Products Announces Third Quarter 2020 Earnings Release and Conference Call Schedule
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HOUSTON, TEXAS, Aug. 19, 2020 (GLOBE NEWSWIRE) — Quanex Building Products Corporation (NYSE: NX) (“Quanex” or the “Company”) today announced plans to release its third quarter 2020 results on Thursday, September 3, 2020 after trading closes on the New York Stock Exchange.The Company has also scheduled a conference call for Friday, September 4, 2020 at 11:00 a.m. ET (10:00 a.m. CT) to discuss the release. Investors may participate in the conference call via telephone by dialing (877) 388-2139 for domestic callers or (541) 797-2983 for international callers, in both cases using conference passcode 6194308, and asking for the Quanex call a few minutes prior to the start time.A link to the live audio webcast will also be available on the Company’s website at http://www.quanex.com in the Investors section under Presentations &...
Galaxy Gaming Reports Q2 2020 Financial Results
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LAS VEGAS, Aug. 19, 2020 (GLOBE NEWSWIRE) — Galaxy Gaming, Inc. (OTCQB: GLXZ), a developer and distributor of casino table games and enhanced systems for land-based casinos and iGaming, announced today its financial results for the fiscal quarter ended June 30, 2020.Financial HighlightsQ2 2020 vs. Q2 2019Revenue decreased 88% to $664KAdjusted EBITDA decreased 159% to $(1,420)K1Net loss of $(2,207)K vs. net income of $1,055KH1 2020 vs. H1 2019Revenue decreased 52% to $5,158KAdjusted EBITDA decreased 98% to $80K2Net loss of $(2,090)K vs. net income of $1,516KBalance Sheet Changes (vs. December 31, 2019)Cash decreased 1% to $9,641KTotal debt (gross) was unchanged at $48,019KStockholders’ deficit increased to $(29,351)KExecutive Comments“The second quarter of 2020 was painful for everyone in the global casino industry,” said Todd Cravens,...
L Brands Reports Second Quarter 2020 Results
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COLUMBUS, Ohio, Aug. 19, 2020 (GLOBE NEWSWIRE) — L Brands, Inc. (NYSE: LB) today reported second quarter earnings results.Consistent with expectations disclosed in the company’s July 28, 2020 business update, net sales were $2.319 billion for the quarter ended Aug. 1, 2020, a decrease of 20 percent compared to sales of $2.902 billion for the quarter ended Aug. 3, 2019. The company’s stores were closed during periods of time throughout the second quarter due to the COVID-19 pandemic. As of the end of the second quarter, most Bath & Body Works and Victoria’s Secret stores in North America have reopened. Total Bath & Body Works second quarter sales in the United States and Canada were $1.197 billion, an increase of 13 percent compared to $1.061 billion last year. Sales at the Bath & Body Works direct business, which...