Day: October 7, 2020

Richardson Electronics Reports First Quarter Fiscal 2021 Results and Declares Quarterly Cash Dividend

PMG, North America Display and Semiconductor Wafer Fab Revenues Grow Versus Q1 FY20; All SBUs Grow Versus Q4 FY20Q1 and FY21 HighlightsNet sales of $38.8 million were down less than 5% from last year’s first quarter despite the COVID-19 impact on all three of our strategic business units.Sales increased for PMG, Canvys display solutions in North America and Semiconductor Wafer Fabrication equipment products in the first quarter of fiscal 2021 versus the first quarter of fiscal 2020.Gross margin was 31.8% of net sales for the first quarter of fiscal 2021 versus 31.9% of net sales in the prior year’s first quarter.Operating expenses increased $0.2 million to $13.0 million compared to the prior year’s first quarter. Legal expenses increased by $0.4 million.Operating loss was $0.6 million compared to an operating income of $0.1 million in...

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Firan Technology Group Corporation (“FTG”) Announces Third Quarter 2020 Financial Results

TORONTO, Oct. 07, 2020 (GLOBE NEWSWIRE) — Firan Technology Group Corporation (TSX: FTG) today announced financial results for the third quarter 2020.Ended Q3 2020 with over $47M in total backlog, of which $26M is due in Q4 2020Generated $3.2M in cash in Q3 and ended the quarter with $8.8M in net cash on the balance sheetAchieved a gross margin percentage of 27.6%Received $0.8M in Canadian Emergency Wage Subsidy in the quarterEntered into a new 2 year, $20M USD committed credit facility on terms similar to the previous agreement with our current lenderThird Quarter Results: (three months ended August 28, 2020 compared with three months ended August 30, 2019)Year-to-Date: (nine months ended August 28, 2020 compared with nine months ended August 30, 2019)(1) Operating Earnings is not a measure recognized under International Financial...

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Innospec Schedules Third Quarter 2020 Earnings Release and Conference Call

ENGLEWOOD, Colo., Oct. 07, 2020 (GLOBE NEWSWIRE) — Innospec Inc. (NASDAQ: IOSP) today announced that it will release third quarter 2020 earnings results on Tuesday, November 3, 2020, after market close. Following the release of its results, Patrick S. Williams, President and Chief Executive Officer, and Ian Cleminson, Executive Vice President and Chief Financial Officer, will host an interactive conference call on November 4, 2020, at 9.00a.m. EST.The public is invited to listen to the conference call by dialing +1 877-870-9135 and +44 (0) 2071 928338 (International), 5-10 minutes prior to the start of the call. The access code is 3475466. An audio webcast of the conference call will run simultaneously on the company’s website at www.innospec.com. The relevant link as well as the slide presentation for the conference call will be...

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ATEC Announces Preliminary Third Quarter 2020 Financial Results

Third quarter U.S. revenue expected to grow over 40%Eighth consecutive quarter of double-digit revenue growthRevenue per case expands on strong pull- through from SafeOp neuromonitoring and new product adoptionCARLSBAD, Calif., Oct. 07, 2020 (GLOBE NEWSWIRE) — Alphatec Holdings, Inc. (“ATEC” or the “Company”) (Nasdaq: ATEC), a medical device company dedicated to revolutionizing the approach to spine surgery, announced today preliminary, unaudited financial results for the third quarter ended September 30, 2020.Preliminary, Unaudited Third Quarter 2020 Financial ResultsPreliminary, unaudited third quarter 2020 results are expected to reflect U.S. revenue growth of 41% to 43% compared to third quarter 2019. Growth was driven primarily by the continuing rapid adoption of recently released ATEC technologies and strong pull-through from...

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Establishment Labs to Celebrate 10 Years of Motiva Safety Data at Plastic Surgeon Virtual Symposium

SANTA BARBARA, Calif., Oct. 07, 2020 (GLOBE NEWSWIRE) — Establishment Labs Holdings Inc. (NASDAQ: ESTA), a medical technology company focused on women’s health, initially in the breast aesthetics and reconstruction market, today announced it will host a virtual symposium on October 21, 2020 to present ten years of world-wide clinical and real world data for its Motiva® silicone breast implants.The event, “Motiva: A Decade of Contributions to Women’s Health,” will feature presentations by members of the Company’s Medical Advisory Board, Scientific Advisory Board and independent plastic surgeons who will speak about their clinical data and long-term experiences using the Company’s innovative products.Panel members scheduled to participate include Brian Kinney, MD, FACS; Prof. Marcos Sforza, MD; Dennis Hammond, MD, FACS; Charles Randquist,...

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Live Oak Bancshares, Inc. Announces Date of Third Quarter 2020 Financial Results

WILMINGTON, N.C., Oct. 07, 2020 (GLOBE NEWSWIRE) — Live Oak Bancshares, Inc. (“Live Oak”) (Nasdaq: LOB) today announced that it will report its third quarter 2020 financial results after U.S. financial markets close on Wednesday, October 21, 2020.In conjunction with this announcement, Live Oak will host a conference call to discuss the company’s financial results and business outlook on Thursday, October 22, 2020, at 9:00 a.m. ET. To access this call dial, (844) 743-2494 (domestic) or (661) 378-9528 (international) with conference ID 4575196. A live webcast of the conference call will be available on the Investor Relations page of the company’s website at http://investor.liveoakbank.com/. After the conference call, a replay will be available until October 29, 2020, and can be accessed by dialing (855) 859-2056 (domestic)...

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Host Hotels & Resorts Announces Third Quarter 2020 Earnings Call to be Held on November 5, 2020

BETHESDA, Md., Oct. 07, 2020 (GLOBE NEWSWIRE) — Host Hotels & Resorts, Inc. (NYSE: HST) (the “Company”) will report third quarter 2020 financial results on Wednesday, November 4, 2020, after the market close.The Company will hold a conference call to discuss its third quarter 2020 results and business outlook on Thursday, November 5, 2020 at 12:00 p.m. ET. Conference call access information is as follows:Conference Call:A simultaneous webcast of the call will be available on the Company’s website at www.hosthotels.com.A replay of the call will be available Thursday, November 5, 2020 at 3:00 p.m. ET until Friday, December 4, 2020 at 3:00 p.m. ET via the telephone details below or via webcast on the Company’s website through February 5, 2021. Replay access information is as follows:Replay:About Host Hotels & ResortsHost...

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Mercer International Inc. Announces Conference Call for Third Quarter 2020 Results

NEW YORK, Oct. 07, 2020 (GLOBE NEWSWIRE) — Mercer International (NASDAQ: MERC) will release its third quarter results for the period ended September 30, 2020 on Thursday, October 29, 2020, after the close of the market. David M. Gandossi, President and Chief Executive Officer and David K. Ure, Senior Vice President Finance, Chief Financial Officer and Secretary, will be hosting a conference call on Friday, October 30, 2020, at 10:00 am ET to discuss the results. The call can be accessed by dialing one of the following:North America: (888) 241-0326International: (647) 427-3411Conference ID: 2063449Listeners can also access the conference call live over the Internet by clicking on or copying and pasting the following link into their web browser:https://edge.media-server.com/mmc/p/ermirxzoA recording of the completed conference call...

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Yamana Gold Announces Strong Third Quarter Preliminary Operating Results and Increases 2020 Production Guidance; Raises Annual Dividend by a Further 50% and Sets New Dividend Floor of $100 Per Gold Equivalent Ounce

TORONTO, Oct. 07, 2020 (GLOBE NEWSWIRE) — YAMANA GOLD INC. (TSX:YRI; NYSE:AUY, LSE:AUY) (“Yamana” or the “Company”) today announces strong preliminary third quarter results, with gold production of 201,772 ounces and silver production of 3.04 million ounces. Total gold equivalent production (“GEO”) was 240,466 ounces. Jacobina, El Peñón, Minera Florida, and Canadian Malartic all enjoyed standout quarters. With overall production, and production at most of the Company’s mines, currently tracking ahead of plan, and in some cases well ahead of plan, the Company increases its 2020 production guidance from the previous guidance of 890,000 GEO to 915,000 GEO, representing an increase of 3%. Gold production and silver production guidance have increased from previous guidance by approximately 1% and 6%, respectively. More specific mine-by-mine...

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Open Lending Redemption of Public Warrants Deadline

AUSTIN, Texas, Oct. 07, 2020 (GLOBE NEWSWIRE) — Open Lending Corporation (Nasdaq: LPRO) (the “Company” or “Open Lending”) previously announced on September 11, 2020 that it will redeem all of its outstanding public warrants to purchase shares of the Company’s common stock that were issued under the Warrant Agreement, dated as of January 9, 2018 (the “Warrant Agreement”), by and among Nebula Acquisition Corporation and American Stock Transfer & Trust Company, LLC (“AST”), as warrant agent. AST, in its capacity as warrant agent, has delivered a notice of redemption to each of the registered holders of such outstanding public warrants on behalf of the Company.The Company wishes to remind the holders of the public warrants that their public warrants may be exercised until 5:00 p.m. New York City time on October 12, 2020 to purchase...

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