Month: August 2020

Q2 2020 Revenue Increase of 23% Over Prior Year PeriodREDWOOD CITY, Calif., Aug. 06, 2020 (GLOBE NEWSWIRE) — Guardant Health, Inc. (Nasdaq: GH), a leading precision oncology company focused on helping conquer cancer globally through use of its proprietary blood tests, vast data sets and advanced analytics, today reported financial results for the quarter ended June 30, 2020.Recent HighlightsRevenue of $66.3 million for the second quarter of 2020, an increase of 23% over the corresponding period of 2019Precision oncology revenue of $51.0 million, an increase of 21% over the corresponding period of 2019Development services revenue of $15.3 million, an increase of 29% over the corresponding period of 2019Reported 13,694 tests to clinical customers and 2,805 tests to biopharmaceutical customers in the second quarter of 2020, representing...

DUBLIN, Calif., Aug. 06, 2020 (GLOBE NEWSWIRE) — Giga-tronics Incorporated (OTCQB: GIGA) (the “Company”) today reported results for its first fiscal quarter ended June 27, 2020.Revenue for the first fiscal quarter ended June 27, 2020 was $3.5 million, consistent with the same period of fiscal 2020 and grew 35% sequentially as compared to the fourth quarter of fiscal 2020.  The Company achieved net income attributable to common shareholders of $72,000, or $0.03 per fully diluted share in the first quarter of fiscal 2021, compared to net income of $15,000 or $0.01 per fully diluted share, for the same period last year.  The Company recorded EBITDA of $252,000 for the first quarter compared to EBITDA of $304,000 for the same quarter in fiscal 2020. John Regazzi, CEO of the Company said, “We are pleased to report 35% overall sequential...

SCOTTSDALE, Ariz., Aug. 06, 2020 (GLOBE NEWSWIRE) — TPI Composites, Inc. (Nasdaq: TPIC), the only independent manufacturer of composite wind blades with a global footprint, today reported financial results for the second quarter ended June 30, 2020.HighlightsFor the quarter ended June 30, 2020:Net sales of $373.8 millionNet loss of $66.1 million or $(1.87) per shareEBITDA loss of $2.6 millionAdjusted EBITDA of $3.3 millionNumber of wind blade sets (which consist of three wind blades) produced worldwide during the period.Estimated megawatts of energy capacity to be generated by wind blade sets produced during the period.Utilization represents the percentage of wind blades invoiced during the period compared to the total potential wind blade capacity of manufacturing lines installed at the end of the period.Number of wind blade manufacturing...

Golar LNG Partners LP 2nd Quarter 2020 results will be released before the NASDAQ opens on Thursday August 13, 2020. In connection with this a webcast presentation will be held at 4:30 P.M (London Time) on Thursday, August 13, 2020. The presentation will be available to download from the Investor Relations section at www.golarlngpartners.comDue to ongoing high levels of demand for their services, our platform providers highly recommended that participants join the conference call via the listen-only live webcast link provided. Sell-side analysts interested in raising a question during the Q&A session that will immediately follow the presentation should access the event via the conference call dial-in information below. Call handling may take longer than usual.  You should therefore dial in 10-15 minutes prior to the start time.Information...

BOSTON, Aug. 06, 2020 (GLOBE NEWSWIRE) — First Eagle Alternative Capital BDC, Inc. (formerly known as THL Credit, Inc.) (NASDAQ: FCRD) (“First Eagle Alternative Capital BDC” or the “Company”), a direct lender to middle market companies, today announced financial results for its second fiscal quarter ended June 30, 2020.  Additionally, the Company announced that its Board of Directors (the “Board”) has declared a third fiscal quarter 2020 dividend of $0.10 per share payable on September 30, 2020, to stockholders of record as of September 15, 2020.“With an improvement in the broader markets this quarter and more visibility into the impact of COVID-19 on portfolio company performance, we saw an improvement in our fair value marks which in turn resulted in a meaningful increase to our net asset value per share increase this quarter...

– Second Quarter UDENYCA® Net Sales of $135.7 Million –– Net Income of $59.0 Million –– Non-GAAP Net Income of $68.3 Million –

TORONTO, Aug. 06, 2020 (GLOBE NEWSWIRE) — Profound Medical Corp. (NASDAQ:PROF; TSX:PRN) (“Profound” or the “Company”), the only company to provide customizable, incision-free therapies which combine real-time Magnetic Resonance Imaging (“MRI”), thermal ultrasound and closed-loop temperature feedback control for the radiation-free ablation of diseased tissue, today reported financial results for the second quarter ended June 30, 2020, and provided an update on its operations.Recent Corporate HighlightsOn April 3, 2020, Profound launched a TULSA procedure website, www.tulsaprocedure.com, as a resource for patients with prostate disease.On July 21, 2020, Profound closed an underwritten offering of common shares (the “July 2020 Offering”), including the full exercise of the over-allotment option, for gross proceeds of approximately...

NEW YORK, Aug. 06, 2020 (GLOBE NEWSWIRE) — Warner Music Group Corp. (“Warner Music Group” or “WMG”) today announced that through its wholly owned subsidiary, WMG Acquisition Corp. (the “Company”), it has priced a private offering (the “Offering”) of $550 million aggregate principal amount of 3.000% Senior Secured Notes due 2031 (the “Notes”). The Offering is expected to close on August 12, 2020, subject to customary closing conditions.The Notes have been offered and sold in a private offering exempt from the registration requirements of the United States Securities Act of 1933, as amended (the “Securities Act”).  The Notes have been offered and sold only to qualified institutional buyers pursuant to Rule 144A and to certain persons outside the United States pursuant to Regulation S, each under the Securities Act. The Company intends...

MONTREAL, Aug. 06, 2020 (GLOBE NEWSWIRE) — Saputo Inc. (TSX: SAP) (Saputo or the Company) announces that the nominees listed in the management information circular dated June 4, 2020, were elected as directors of Saputo at the annual meeting of shareholders held on August 6, 2020.Each of the following ten nominees proposed by the board of directors was elected as a director of Saputo, pursuant to a vote conducted by ballot. The outcome of the proxies received by the Company and the ballots cast was as follows:About SaputoSaputo produces, markets, and distributes a wide array of dairy products of the utmost quality, including cheese, fluid milk, extended shelf-life milk and cream products, cultured products, and dairy ingredients. Saputo is one of the top ten dairy processors in the world, a leading cheese manufacturer and fluid...