Day: October 28, 2020

MONTRÉAL, 28 oct. 2020 (GLOBE NEWSWIRE) — Mason Graphite Inc. («Mason Graphite» ou la «Société») (TSX.V: LLG; OTCQX: MGPHF) annonce l’envoi de sa circulaire pour l’assemblée annuelle des actionnaires qui se tiendra le jeudi 10 décembre 2020 à 10h00 (heure de Montréal). Lors d’une réunion du conseil d’administration (le « CA ») tenue le 22 octobre 2020, les membres ont approuvé la circulaire, qui comprend notamment la liste des administrateurs, soit Gilles Gingras, Guy Chamard (représentant désigné d’Investissement Québec, le plus important actionnaire de la Société), Gaston Morin, François Laurin, Peter Damouni et Fahad Al-Tamimi.Projet de 2etransformationLa Société met en œuvre une nouvelle approche pour le projet de 2e transformation (Produits à Valeur Ajoutée, ou « PVA »).Au cours de la dernière année, Mason Graphite a atteint...

Sunrise, Florida, Oct. 28, 2020 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM), a leading Additively Manufactured Electronics (AME)/PE (Printed Electronics) provider, today announced it has closed the previously announced registered direct offering of 16,722,000 of the Company’s American Depositary Shares (“ADSs”) at a price of $3.00 per ADS. The gross proceeds of the offering were approximately $50 million, before deducting placement agent fees and other offering expenses. The Company intends to use the net proceeds for working capital and for other general corporate purposes.ThinkEquity, a division of Fordham Financial Management, Inc., acted as sole placement agent for the offering.This offering was made pursuant to an effective shelf registration statement on Form F-3 (File No. 333-249559) previously filed with the U.S....

Double-Digit Revenue & Gross Profit GrowthRecord Wireless Backlog of $115 millionIncreased Cash Flow and ProfitabilityRaising Full Year 2020 Revenue GuidanceANDOVER, Mass., Oct. 28, 2020 (GLOBE NEWSWIRE) — Casa Systems, Inc. (Nasdaq: CASA), a leading provider of physical and cloud-native infrastructure technology solutions for mobile, cable and fixed networks, today announced its financial results for its third quarter ended September 30, 2020.Third Quarter 2020 Financial & Operational HighlightsRevenue of $105.7 million.Gross margin of 49.7% driven by strong demand for hardware with year-to-date gross margin of 50.7%.Gross profit of $52.6 million.GAAP net income of $3.5 million or $0.04 per fully diluted share.Non-GAAP net income of $5.9 million or $0.07 per fully diluted share.Adjusted EBITDA of $17.0 million.Raising...

Management evaluating strategic alternatives for Energy Services; Focused on growing water and wastewater market presenceST. LOUIS, Oct. 28, 2020 (GLOBE NEWSWIRE) —A PDF accompanying this release is available at: http://ml.globenewswire.com/Resource/Download/f38a396c-11e4-4cb8-9b96-6b17a82d42ecQ3’20 loss per diluted share was $0.93 compared to earnings per diluted share of $0.19 in Q3’19, reflecting a $39 million pre-tax non-cash goodwill impairment charge for Energy Services. Q3’20 adjusted (non-GAAP)1 earnings per diluted share were $0.32 compared to $0.40 in the prior year. Q3’20 adjusted results were at the high end of guidance expectations, driven by continued strength from the Insituform North America business.Revenues in the quarter were $276 million. The Insituform North America business grew revenues by 10% year over year,...

NORTON, Mass., Oct. 28, 2020 (GLOBE NEWSWIRE) — CPS Technologies Corporation (NASDAQ: CPSH) today announced revenues of $4.5 million and an operating profit of $253 thousand for the quarter ended September 26, 2020. This compares with revenues of $4.4 million and an operating loss of $479 thousand for the quarter ended September 28, 2019.For the nine months ending September 26, 2020, revenues are $16.7 million with an operating profit of $1.2 million. This compares with revenue of $16.0 million and an operating loss of $966 thousand for the nine months ended September 28, 2019.Grant Bennett, President and CEO, said: “While generally pleased with our bottom lines for quarter and nine-month periods just ended, in the third quarter our top line was increasingly negatively affected by the coronavirus pandemic. In particular, our two...

EL DORADO, Ark., Oct. 28, 2020 (GLOBE NEWSWIRE) — Murphy USA (NYSE: MUSA) announced today an update to its capital allocation strategy including the approval by its Board of Directors of two programs designed to return value to shareholders. The successful execution of the Company’s current strategic initiatives and its outsized earnings leverage to the most recent operating environment has enabled the Company to make significant progress against a number of its financial goals, including a target of $500 million of Adjusted EBITDA in 2021 and the expected completion of its most recent $400 million share repurchase authorization of which approximately $7 million remains for repurchase.Given the Company’s robust cash balances and low balance sheet leverage, the Board of Directors recently authorized a new share repurchase authorization...

Projected Third Consecutive Quarter of Positive Adjusted EBITDA,An Increase of 108% – 150% Compared to Q2 2020Operational Highlights Include New Monthly Records for Cartridges Shipped atJupiter Research and Revenue at Standard FarmsPHOENIX, Oct. 28, 2020 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTCQB: TLLTF), a provider of business solutions to the global cannabis industry, announced preliminary financial results for the third quarter ended September 30, 2020 (“Q3 2020”), the promotion of Gary Santo to president of TILT and the appointment of Brad Hoch as TILT’s permanent chief financial officer (“CFO”).Projected Preliminary Financial Highlights (unaudited):Q3 2020 revenue of $40 – $41 million, a 4% – 6% increase from Q2 2020 revenue of $38.6 millionQ3 2020 Adjusted EBITDA $2.5...

VANCOUVER, British Columbia, Oct. 28, 2020 (GLOBE NEWSWIRE) — WOW! Unlimited Media Inc. (“WOW!” or the “Company”) (TSX-V: WOW; OTCQX: WOWMF) is pleased to announce a non-brokered private placement offering of unsecured subordinated convertible debentures (the “Debentures”) for gross proceeds of up to $4,500,000 (the “Offering”).WOW! intends to offer up to 4,500 Debentures at an issue price of $1,000 per $1,000 principal amount of Debentures. Each Debenture will be convertible, at the option of the holder, into common shares of the Company (“Shares”) at any time prior to the close of business on the earlier of: (i) the last business day immediately preceding the maturity date; and (ii) the date fixed for redemption, at a conversion price of $0.55 per Share.Each Debenture will bear interest at a rate of 9.5% per annum from the date...

METTAWA, Ill., Oct. 28, 2020 (GLOBE NEWSWIRE) — Brunswick Corporation (NYSE: BC) announced today that it has completed a second investment in Sea Machines Robotics, Inc., a Boston-based autonomous technology company that specializes in advanced control technology for workboats and other commercial surface vessels. Details of the investment were not disclosed.Brunswick made an initial investment in 2018 through its joint venture with Chicago-based TechNexus Venture Collaborative.  Over the past two years, both Brunswick and Sea Machines have been committed to building autonomous solutions for the marine industry that will enhance operator safety and increase performance for both commercial and recreational applications.“We believe that strategic investments in early stage technology platforms like Sea Machines allow Brunswick to...

DERIDDER, La., Oct. 28, 2020 (GLOBE NEWSWIRE) — AMERISAFE, Inc. (Nasdaq: AMSF), a specialty provider of workers’ compensation insurance focused on high hazard industries, today announced that its Board of Directors had declared a special cash dividend of $3.50 per share.The special cash dividend will be payable on November 18, 2020 to shareholders of record as of November 11, 2020. The Board of Directors also declared a regular quarterly dividend of $0.27 per share, payable on December 18, 2020 to shareholders of record as of December 4, 2020.“Our long-term commitment to underwriting discipline throughout the insurance cycle allowed us to strengthen our balance sheet, while returning significant capital to our shareholders.  We are pleased to announce this extraordinary dividend in an unprecedented time in the market,” said G. Janelle...