Euro Manganese Orders High-Purity Manganese Products Demonstration Plant for Delivery in Summer of 2021 and Provides Update

Written by Customer Service on November 18, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, Nov. 18, 2020 (GLOBE NEWSWIRE) — Euro Manganese Inc. (TSX-V/ASX: EMN) (the “Company” or “EMN“), is pleased to provide an update on its 100%-owned Chvaletice Manganese Project (the “Project”) in the Czech Republic:Highlights:Demonstration Plant order placed. Procurement and fabrication to commence immediately. Sets stage for initiation of Chvaletice high-purity manganese products supply chain qualification process with multiple prospective customers;All land for Chvaletice commercial plant now secured, with three additional agreements for land purchase and leases, including a second rail line connection;Demonstration Plant permitted as proposed. Requires no separate Environmental Impact Assessment (EIA) or permitting, other than a building permit;Dry stacking tailings operation...

TILT Holdings Reports Third Quarter 2020 Financial Results Including Record Adjusted EBITDA, Enters into Definitive Agreement for the Sale of Blackbird Subsidiary

Written by Customer Service on November 18, 2020. Posted in Earnings Releases And Operating Results.

Revenue of $40.4 million, driven in part by a 24% sequential increase in the cannabis segment compared to the second quarter of 2020Gross margin of 30.3%, a 193-basis point improvement from the second quarter of 2020, driven by margin expansion in the cannabis segmentRecord adjusted EBITDA of $2.8 million, an increase of 134% from the second quarter of 2020Upon closing, Blackbird divestiture reduces cash burn, improves third quarter 2020adjusted EBITDA by 96% on a pro-forma basisPHOENIX, Nov. 18, 2020 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTCQB: TLLTF), a provider of business solutions to the global cannabis industry, reported its financial and operating results for the three and nine-months ended September 30, 2020. All financial information is unaudited and provided in U.S. dollars except...

L Brands Reports Record Third Quarter 2020 Results

Written by Customer Service on November 18, 2020. Posted in Earnings Releases And Operating Results.

COLUMBUS, Ohio, Nov. 18, 2020 (GLOBE NEWSWIRE) — L Brands, Inc. (NYSE: LB) today reported 2020 third quarter results.Third Quarter ResultsThe company reported earnings per share of $1.17 for the third quarter ended Oct. 31, 2020, compared to a loss per share of $0.91 for the quarter ended Nov. 2, 2019. Third quarter operating income was $580.6 million compared to an operating loss of $151.2 million last year, and net income was $330.6 million compared to a net loss of $252.0 million last year.Reported results above include the following significant items:In 2020, a net gain totaling $0.04 per share resulting from the following:A $52.7 million pre-tax loss ($0.14 per share) on early extinguishment of debt;A $29.9 million pre-tax gain ($0.10 per share) related to the establishment of a joint venture for the Victoria’s Secret U.K....

Chindata Group Reports Third Quarter 2020 Unaudited Financial Results

Written by Customer Service on November 18, 2020. Posted in Earnings Releases And Operating Results.

BEIJING, Nov. 19, 2020 (GLOBE NEWSWIRE) — Chindata Group Holdings Limited (“Chindata Group” or the “Company”) (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced its unaudited financial results for the third quarter ended September 30, 2020.Third Quarter 2020 Financial and Operating HighlightsTotal revenues increased by 64.5% to RMB467.5 million (US$68.9 million) from RMB284.1 million in the same period of 2019.Net loss was RMB173.7 million (US$25.6 million), compared to RMB45.7 million in the same period of 2019.Adjusted EBITDA increased by 143.3% to RMB228.0 million (US$33.6 million) from RMB93.7 million in the same period of 2019. Adjusted EBITDA margin expanded to 48.8%, compared to 33.0% in the same period of 2019.As of September 30, 2020, total data...

STERIS Completes Acquisition of Key Surgical

Written by Customer Service on November 18, 2020. Posted in Mergers And Acquisitions.

DUBLIN, IRELAND, Nov. 18, 2020 (GLOBE NEWSWIRE) — STERIS plc (NYSE: STE) (“STERIS” or the “Company”) today announced that is has completed the previously announced acquisition of Key Surgical, a portfolio company of Water Street Healthcare Partners, LLC.“We are pleased to announce the timely closing of the Key Surgical acquisition, which strengthens, complements and expands STERIS’s product offering and global reach,” said Walt Rosebrough, President and Chief Executive Officer of STERIS. “We welcome Key Surgical people to the STERIS team, and look forward to working together to provide enhanced service to our Customers and create additional value for our shareholders.”STERIS now anticipates that Key Surgical will add about 35% more revenue and adjusted earnings per diluted share in the fiscal year than initially anticipated with...

POET Technologies Reports Third Quarter 2020 Financial Results

Written by Customer Service on November 18, 2020. Posted in Earnings Releases And Operating Results.

TORONTO, Nov. 18, 2020 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; OTCQX: POETF), the designer and developer of the POET Optical Interposer™ and Photonic Integrated Circuits (PICs) for the data center and tele-communication markets, today reported its unaudited condensed consolidated financial results for the third quarter ended September 30, 2020. The Company’s financial results as well as the Management Discussion and Analysis have been filed on SEDAR. All financial figures are in United States dollars (“USD”) unless otherwise indicated.Third Quarter Financial (non-IFRS) and Recent Business Highlights:Signed a development and supply agreement with a leading European optical systems company to design optical engines for a 400G data center application;Held annual general and special meeting...

EDAP Reports Third Quarter 2020 Results and Provides Operational Update

Written by Customer Service on November 18, 2020. Posted in Public Companies.

Generated strongest total revenue quarter of 2020Reported growth in HIFU procedure revenues year-over-year notwithstanding ongoing COVID-19 pandemicCompleted sales to renowned healthcare institutions Mount Sinai Health System in New York and Keck Medical Center at the University of Southern CaliforniaAnnounced first patients treated in Phase 2 clinical trial assessing Focal One® as a potential treatment for deep rectal endometriosisIncreased strong cash position to EUR 19.9 million (USD 23.4 million) as of September 30, 2020Company to host a conference call tomorrow, November 19th, at 8:30 am ETLYON, France, November 18, 2020 — EDAP TMS SA (Nasdaq: EDAP) (the “Company”), the global leader in robotic energy based therapies, announced today financial results for the third quarter of 2020 and provided an update on strategic and operational...

Chinook Therapeutics to Present at Upcoming Investor Conferences

Written by Customer Service on November 18, 2020. Posted in Public Companies.

VANCOUVER, British Columbia and SEATTLE, Nov. 18, 2020 (GLOBE NEWSWIRE) — Chinook Therapeutics, Inc. (NASDAQ: KDNY), a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of precision medicines for kidney diseases, today announced that Chinook management is scheduled to participate in fireside chats at the following upcoming virtual investor conferences:Piper Sandler 32nd Annual Virtual Healthcare Conference – presentations will be available for registered attendees via the Piper Sandler conference site from Monday, November 23rd to Thursday, December 3rdEvercore ISI 3rd Annual HealthCONx Conference – Tuesday, December 1st at 11:20 am ESTChinook will be participating in 1×1 meetings on Tuesday, December 1st – Thursday, December 3rd. Meetings may be requested exclusively...

MeiraGTx Announces Proposed Public Offering of Ordinary Shares

Written by Customer Service on November 18, 2020. Posted in Public Companies.

LONDON and NEW YORK, Nov. 18, 2020 (GLOBE NEWSWIRE) — MeiraGTx Holdings plc (NASDAQ:MGTX), a vertically integrated, clinical stage gene therapy company, today announced that it has commenced an underwritten public offering of 5,000,000 of its ordinary shares. In connection with the offering, MeiraGTx intends to grant the underwriters a 30-day option to purchase up to an additional 750,000 of its ordinary shares. All of the ordinary shares are being offered by MeiraGTx.BofA Securities, Piper Sandler, Evercore ISI, Barclays and Chardan are acting as joint book-running managers for the offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.The Company intends to use the net proceeds of this...

NVIDIA Announces Financial Results for Third Quarter Fiscal 2021

Written by Customer Service on November 18, 2020. Posted in Public Companies.

Record revenue of $4.73 billion, up 57 percent from a year earlierRecord Gaming revenue of $2.27 billion, up 37 percent from a year earlierRecord Data Center revenue of $1.90 billion, up 162 percent from a year earlierSANTA CLARA, Calif., Nov. 18, 2020 (GLOBE NEWSWIRE) — NVIDIA (NASDAQ: NVDA) today reported record revenue for the third quarter ended October 25, 2020, of $4.73 billion, up 57 percent from $3.01 billion a year earlier, and up 22 percent from $3.87 billion in the previous quarter.GAAP earnings per diluted share for the quarter were $2.12, up 46 percent from $1.45 a year ago, and up 114 percent from $0.99 in the previous quarter. Non-GAAP earnings per diluted share were $2.91, up 63 percent from $1.78 a year earlier, and up 33 percent from $2.18 in the previous quarter.“NVIDIA is firing on all cylinders, achieving record...

Day: November 18, 2020

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