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...

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...

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...