Month: August 2020

STAMFORD, Conn., Aug. 06, 2020 (GLOBE NEWSWIRE) — Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (“Eagle Bulk”, “Eagle” or the “Company”), one of the world’s largest owner-operators within the Supramax / Ultramax drybulk segment, today reported financial results for the three and six months ended June 30, 2020.Highlights for the Quarter:Revenues, net of $57.4 millionTCE Revenue (1) for the quarter equated to $36.0 millionAchieved TCE (1) of $8,038/day for the quarter versus the Adjusted net BSI (2) at $5,158/day Realized a net loss of $20.5 million, or $0.28 per basic and diluted share Adjusted EBITDA(1) of $1.8 millionIssued our first ever Environmental, Social, and Governance (ESG) Sustainability ReportFixed 66% of Q3 available days at an average TCE of $9,220 as of August 6, 2020Subsequent Events Reached an agreement to sell M/V Goldeneye...

Positive preliminary data from InSight extension study of sepofarsen for LCA10 reported – consistent with benefit seen in Phase 1/2 and building confidence in Phase 2/3 Illuminate trial;Strategic convertible debt financing extends runway into 2023 if fully drawn;Trial enrollment continuing for three clinical stage RNA therapies in development for inherited retinal diseases, with fourth ophthalmic program slated to enter clinical testingLEIDEN, Netherlands & CAMBRIDGE, Mass., Aug. 06, 2020 (GLOBE NEWSWIRE) — ProQR Therapeutics N.V. (Nasdaq: PRQR) (the “Company”), a company dedicated to changing lives through the creation of transformative RNA therapies for inherited retinal diseases (IRDs), today reported its financial and operating results for the second quarter ended June 30, 2020 and provided a business update.“During the...

SECOND QUARTER HIGHLIGHTS COMPARED TO PRIOR YEAR:Revenue of $213.9 million, up 37%, including $70.4 million from NRCLegacy US Ecology revenue declined 8%Base Business revenue decline of 10%; Event Business revenue growth of 12%, excluding NRCField and Industrial Services revenue down 6%, excluding NRCNet loss of $5.2 million, or $0.17 per diluted shareAdjusted loss per diluted share of $0.08Adjusted EBITDA of $38.7 million, up 2% including NRC; Legacy US Ecology business declined 12%NRC contributed adjusted EBITDA of approximately $5.2 millionStrong free cash flow generation, up 190%BOISE, Idaho, Aug. 06, 2020 (GLOBE NEWSWIRE) — US Ecology, Inc. (NASDAQ-GS: ECOL) (“US Ecology” or “the Company”) today reported second quarter financial results that reflect the impacts from the COVID-19 pandemic.  US Ecology reported second quarter...

AUSTIN, Texas, Aug. 06, 2020 (GLOBE NEWSWIRE) — Molecular Templates, Inc. (Nasdaq: MTEM, “Molecular Templates,” “MTEM” or “the Company”), a clinical-stage biopharmaceutical company focused on the discovery and development of proprietary targeted biologic therapeutics, engineered toxin bodies (ETBs), today reported financial results for the second quarter of 2020.“Since our last quarterly update, we presented preclinical data at AACR on four preclinical ETB programs, provided an update on the ongoing Phase I study for MT-5111, and strengthened our balance sheet through a new debt facility and our ATM,” said Eric Poma, Ph.D., Molecular Templates’ Chief Executive and Chief Scientific Officer. “In the second half of 2020, we expect to report interim clinical data from our three MT-3724 Phase 2 studies and additional data from the MT-5111...

DENVER, Aug. 06, 2020 (GLOBE NEWSWIRE) — StoneCastle Financial Corp. (Nasdaq: BANX) (“StoneCastle Financial” or the “Company”), an investment company registered with the Securities and Exchange Commission (“SEC”), today announced results for the second fiscal quarter ended June 30, 2020.   Second Quarter 2020 Investment Highlights:Invested $36.3 million in six investmentsRealized proceeds of $5.0 million from the partial sale of one investmentRealized proceeds from paydowns of $598,996 from two investmentsA complete listing of investments as of the end of the quarter can be found on the Company’s website at www.stonecastle-financial.com.The estimated annualized yield generated by the invested portfolio as of June 30, 2020 (excluding cash and cash equivalents) was approximately 10.10%Second Quarter 2020 Financial ResultsNet investment...