Day: November 9, 2020
SANTA CLARA, Calif., Nov. 09, 2020 (GLOBE NEWSWIRE) — NVIDIA today announced that it has named to its board of directors Aarti Shah, who serves as senior vice president and chief information and digital officer of Eli Lilly and Company.Shah, age 56, leads IT, digital health, cybersecurity, and advanced analytics & data sciences at Lilly, which she joined 26 years ago out of graduate school. She has held a long series of positions there, starting as a senior statistician and most recently as global brand development leader, before being named to her current role in 2016.“Aarti is great addition to our board of directors,” said Jensen Huang, founder and CEO of NVIDIA. “She is a world-class leader with a deep passion for making an impact on the world at the intersection of computer science and healthcare. We will benefit greatly...
Smart Sand, Inc. Announces Third Quarter 2020 Results
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3Q 2020 Revenue of $23.4 million3Q 2020 total tons sold of approximately 309,0003Q 2020 Net Income of $36.3 million3Q 2020 Adjusted EBITDA of $6.1 million3Q 2020 Contribution Margin of $10.4 millionTHE WOODLANDS, Texas, Nov. 09, 2020 (GLOBE NEWSWIRE) — Smart Sand, Inc. (NASDAQ: SND) (the “Company” or “Smart Sand”), a fully integrated frac sand supply and services company that is a low-cost producer of high quality Northern White frac sand and provider of proppant logistics and storage solutions through its in-basin transloading terminal and SmartSystemsTM products and services, today announced results for the third quarter 2020.Charles Young, Smart Sand’s Chief Executive Officer, stated “While these continue to be difficult times to operate in, Smart Sand continued to demonstrate its ability to manage successfully through volatile...
Green Plains to Present at Stephens Annual Investment Conference
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OMAHA, Neb., Nov. 09, 2020 (GLOBE NEWSWIRE) — Green Plains Inc. (NASDAQ:GPRE) today announced that Todd Becker, president and chief executive officer, is scheduled to present virtually at the Stephens Annual Investment Conference on Wednesday, Nov. 18, 2020 at 2:00 p.m. Eastern Time.The live webcast, as well as the replay, will be available on the Investors page of Green Plains’ website at http://investor.gpreinc.com/events.cfm.Green Plains Inc. (NASDAQ:GPRE) is a diversified commodity-processing business with operations that include corn processing, grain handling and storage and commodity marketing and logistics services. The company is one of the leading corn processors in the world and, through its adjacent businesses, is focused on the production of sustainable biofuels and sustainable high protein and novel feed ingredients....
Atrion Reports Third Quarter Results
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ALLEN, Texas, Nov. 09, 2020 (GLOBE NEWSWIRE) — Atrion Corporation (NASDAQ: ATRI) today announced that for the third quarter ended September 30, 2020 revenues totaled $33.8 million compared with $38.9 million for the same period in 2019. Net income for the third quarter of 2020 totaled $7.2 million as compared to $9.6 million for the same period in 2019, with diluted earnings per share for the third quarter of 2020 at $3.95 compared to $5.15 for the third quarter of 2019.Commenting on the Company’s quarterly results for the third quarter of 2020 compared to the same period last year, David A. Battat, President & CEO, stated, “Our results for the quarter were disappointing, with revenues down 13%, operating income down 27% and diluted EPS down 23%. In the second quarter of this year, our revenues began to weaken as our hospital...
Deep Down Reports Third Quarter 2020 Results
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HOUSTON, Nov. 09, 2020 (GLOBE NEWSWIRE) — Deep Down, Inc. (OTCQB: DPDW) (“Deep Down” or the “Company”), a specialist in deepwater oil and gas production and distribution equipment and services, today reported results for its third quarter ended September 30, 2020 (“Q3 2020”). Deep Down will hold a conference call tomorrow, Tuesday, November 10, 2020 at 10:00 am Eastern Time to review its results and outlook (call details below).Deep Down at a Glance:Charles Njuguna, Deep Down’s CEO, commented, “Our business continues to be impacted by the travel restrictions imposed in response to the COVID-19 pandemic, as evidenced by our third quarter results. While there are some signs of moderate improvement, especially as we look towards 2021, our primary focus continues to be on free cash flow generation and the ongoing refinement of our cost...
Benefitfocus Announces Participation in Credit Suisse 29th Annual Virtual Healthcare Conference
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CHARLESTON, S.C., Nov. 09, 2020 (GLOBE NEWSWIRE) — Benefitfocus, Inc. (NASDAQ: BNFT), an industry-leading benefits technology platform that simplifies benefits administration for employers, health plans and brokers, today announced Steve Swad, President and Chief Executive Officer, and Alpana Wegner, Chief Financial Officer, will present at the Credit Suisse 29th Annual Virtual Healthcare Conference on November 11, 2020 at 8:45am ET. A live audio webcast of the presentation will be available on the Benefitfocus Investor website at: https://investor.benefitfocus.com/events-presentations where a replay will also be available.About BenefitfocusBenefitfocus (NASDAQ: BNFT) unifies the entire U.S. benefits industry on a single technology platform to protect consumers for life. Our powerful cloud-based software, data-driven insights and...
Capstone Infrastructure Corporation Reports Third Quarter 2020 Results and Declares a Quarterly Dividend
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TORONTO, Nov. 09, 2020 (GLOBE NEWSWIRE) — Capstone Infrastructure Corporation (TSX: CSE.PR.A) (the “Corporation” or “Capstone”) today reports and filed its results for the third quarter ended September 30, 2020. The Corporation’s third quarter 2020 Management’s Discussion and Analysis (“MD&A”) and unaudited interim consolidated financial statements are available at www.capstoneinfrastructure.com and on SEDAR at www.sedar.com. Capstone’s MD&A details the “Results of Operations” and provides a “Financial Position Review” for the quarter ended September 30, 2020.Dividend DeclarationsThe board of directors today declared a quarterly dividend on the Corporation’s Cumulative Five-Year Rate Reset Preferred Shares, Series A (the “Preferred Shares”) of $0.2044 per...
FutureFuel Releases Third Quarter and Nine-Month 2020 Results
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FutureFuel Third Quarter Net Income of $6.9 MillionReports Net Income of $6.9 Million or $0.16 per Diluted Share, and Adjusted EBITDA of $5.6 MillionCLAYTON, Mo., Nov. 09, 2020 (GLOBE NEWSWIRE) — FutureFuel Corp. (NYSE:FF) (“FutureFuel”), a manufacturer of custom and performance chemicals and biofuels, today announced financial results for the third quarter and the nine months ended September 30, 2020.Third quarter 2020 Financial Highlights (all comparisons are with the third quarter of 2019)Nine-month 2020 Financial Highlights (all comparisons are with the first nine months of 2019)“The COVID-19 pandemic continues to dominate our business environment. We have witnessed reduced demand for all consumer and energy products in our Chemicals segment and in response, we have tailored our operation to match this lower level of activity...
FlexShopper, Inc. Reports 2020 Third Quarter Financial Results; Net Revenues Up 5.0% to $23.4 million; Originations Ramped Up Into Quarter End
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BOCA RATON, Fla., Nov. 09, 2020 (GLOBE NEWSWIRE) — FlexShopper, Inc. (Nasdaq:FPAY) (“FlexShopper”), a leading national online lease-to-own (“LTO”) retailer and LTO payment solution provider, today announced its financial results for the quarter ended September 30, 2020, highlighted by sharp growth in originations in the last month of the quarter.Results for Quarter Ended September 30, 2020 vs. Quarter Ended September 30, 2019:Net lease revenues and fees increased 5.0% to $23.4 million from $22.3 millionFlexShopper originated 47,317 gross leases, up 29.5% from 36,531Gross lease originations increased $5.6 million, or 32.8%, to $22.7 million from $17.1 millionThe average origination value increased by 2.5%, to $480 from $468Net income of $289 thousand compared with net income of $1.4 millionNet loss attributable to common stockholders...
HighPeak Energy, Inc. Announces Third Quarter 2020 Financial and Operational Results
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FORT WORTH, Texas, Nov. 09, 2020 (GLOBE NEWSWIRE) — HighPeak Energy, Inc. (“HighPeak Energy” or the “Company”) (NASDAQ: HPK), today announced operating and financial results for the third quarter 2020.Third Quarter 2020 HighlightsConsummated the business combination with the HighPeak Funds on August 21, 2020 and raised an additional $102 million by issuing new equity through the business combination and the forward purchase agreement resulting in approximately 91.5 million shares outstanding.Brought back online the majority of our horizonal production beginning in late July 2020, which was previously curtailed in mid-April due to low commodity prices. Production returned as expected with all wells producing at or above pre-shut-in rates within a few weeks of bringing the wells back online.Initiated completion activities on twelve...