Day: September 10, 2020

Fourth Quarter Net Revenue was $17.4 Million, Up 71% from the Prior Year and 5% SequentiallyGAAP EPS, Inclusive of Acquisition and Severance Related Costs, was ($0.06) per shareNon-GAAP EPS was $0.04 per share, Driven by Revenue Growth, Effective Integration, and Rigorous Expense ControlsCompany Guides Fiscal 2021 Revenue Growth of 20%-25% and Non-GAAP EPS Growth of 120%-160%IRVINE, Calif., Sept. 10, 2020 (GLOBE NEWSWIRE) — Lantronix, Inc. (NASDAQ: LTRX), a global provider of software as a service (“SaaS”), engineering services, and intelligent hardware for the Internet of Things (IoT) and Remote Environment Management (REM), today reported results for the fourth quarter of fiscal 2020 that ended June 30, 2020.Net revenue totaled $17.4 million, up 71% year over year and 5% sequentially.GAAP EPS was ($0.06), compared to ($0.19) in...

EL SEGUNDO, Calif., Sept. 10, 2020 (GLOBE NEWSWIRE) — A-Mark Precious Metals, Inc. (NASDAQ: AMRK), a leading full-service provider of products and services to the global precious metals market, reported results for the fiscal fourth quarter and full year ended June 30, 2020.Fiscal Fourth Quarter 2020 Financial HighlightsRevenues for the three months ended June 30, 2020 increased 96% to $1.67 billion from $850.2 million for the three months ended June 30, 2019 and increased 32% from $1.26 billion for the three months ended March 31, 2020Gross profit for the three months ended June 30, 2020 increased 335% to $28.0 million (1.68% of revenue) from $6.5 million (0.76% of revenue) for the three months ended June 30, 2019 and increased 25% from $22.5 million (1.79% of revenue) for the three months ended March 31, 2020Net income for the...

Second Quarter 2020 Sales Increased 9.6% to $250.4 MillionSecond Quarter 2020 Diluted Earnings Per Share Increased 184.4% to $1.01Cash and Current Marketable Securities Increased 58.6% to $299.1 MillionLYNNWOOD, Wash., Sept. 10, 2020 (GLOBE NEWSWIRE) — Zumiez Inc. (NASDAQ: ZUMZ) today reported results for the second quarter ended August 1, 2020.Total net sales for the second quarter ended August 1, 2020 (13 weeks) increased 9.6% to $250.4 million from $228.4 million in the quarter ended August 3, 2019 (13 weeks). Due to store closures, stores were open for 73.4% of the second quarter of 2020 measured as the total number of store days open in the quarter divided by the total number of store days available. For the stores that were open, comparable sales for the thirteen weeks ended August 1, 2020 increased 37.3% compared to the same...

DALLAS, Sept. 10, 2020 (GLOBE NEWSWIRE) — Dave & Buster’s Entertainment, Inc., (NASDAQ:PLAY), (“Dave & Buster’s” or “the Company”), an owner and operator of entertainment and dining venues, today announced financial results for its second quarter 2020, which ended on August 2, 2020.The Company’s second quarter 2020 financial results were severely impacted by the effects of the COVID-19 pandemic when compared against the results of the second quarter of 2019. As of March 20, 2020, all of the Company’s stores were temporarily closed in compliance with state-by-state COVID-19 mitigation mandates. The Company reopened 1 store on April 30, had re-opened 26 stores by the end of May, 66 stores by the end of June, and ended the second quarter with 84 re-opened stores in 27 states. As of September...

JOHANNESBURG, South Africa, Sept. 10, 2020 (GLOBE NEWSWIRE) — Net 1 UEPS Technologies, Inc. (Nasdaq: UEPS; JSE: NT1) today released results for the fourth fiscal quarter and year ended June 30, 2020.Q4 2020 Highlights and Recent Developments:At June 30, 2020, had unrestricted cash of $218 million and no debtRevenue of $26.0 million, excluding the impact of the 2019 SASSA implementation fee refund, was down year-over-year reflecting effects of the COVID-19 pandemic on fees and financial services;GAAP EPS of $(0.68) and Fundamental EPS of $(0.22); andOperating loss of $13.2 million and adjusted EBITDA loss of $12.2 million.Strategic Review:Following completion of the strategic review, our board has realigned Net1 to focus on, and invest in, its core competencies and portfolio of assets within the South African market. We aim to renew...

Net Revenue Increased to $59.3 Million, up 84% Year-Over-YearGross Profit of $22.7 Million, Gross Margin up over 400 Basis Points Year-Over-YearNet Income of $5.9 Million, Compared to $2.8 Million Last YearAdjusted EBITDA of $9.3 Million, Compared to $4.4 Million Last YearAUSTIN, Texas, Sept. 10, 2020 (GLOBE NEWSWIRE) — Vital Farms (Nasdaq: VITL), a Certified B Corporation that offers a range of ethically produced pasture-raised foods nationwide, today reported financial results for its second quarter ended June 28, 2020.Russell Diez-Canseco, President and Chief Executive Officer of Vital Farms, commented, “We are pleased to report strong second quarter results following our successful IPO, driven in part by increased at-home consumption due to COVID-19.  Our ability to keep grocery shelves stocked and consumers fed during this extraordinary...

MITCHEL FIELD, N.Y., Sept. 10, 2020 (GLOBE NEWSWIRE) — Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) is reporting revenues for the first quarter of fiscal 2021 ended July 31, 2020 of $13.0 million, compared to revenues of $12.6 million for the first quarter of fiscal 2020, ended July 31, 2019.  Operating loss for the first quarter of fiscal 2021 was $337,000 compared to an operating loss of $780,000 for the same period of fiscal 2020. Net loss from operations was $262,000 or ($0.03) per diluted share compared to a net loss of $591,000 or ($0.07) per diluted share for the first quarter of fiscal year 2020.FEI CEO Stan Sloane commented, “FEI has long been a proven provider of critical time and frequency systems for satellites and, given the increasing importance of space to the US military, this will be a growth...