Day: December 9, 2020

Global Ship Lease’s First Priority Senior Secured Notes Upgraded to BB- by S&P Global Ratings; $28.0 Million Partial Redemption Completed

Written by Customer Service on December 9, 2020. Posted in Public Companies.

LONDON, Dec. 09, 2020 (GLOBE NEWSWIRE) — Global Ship Lease, Inc. (NYSE: GSL) (the “Company”), a leading independent owner of containerships, today announced that S&P Global Ratings (“S&P”) has upgraded the issue rating of the Company’s first priority senior secured notes to BB- from B+. In announcing its review, S&P cited improving market conditions, positive momentum for charter rates, resilient EBITDA, accelerated debt reduction, and a steeper than expected demand recovery for Global Ship Lease’s container liner counterparties.George Youroukos, Executive Chairman of Global Ship Lease, commented, “By remaining active, opportunistic, and in close contact with our container liner customers, Global Ship Lease has been a significant beneficiary of the outperformance of the container shipping sector in the second half of...

StoneX Group Inc. Reports Fiscal 2020 Fourth Quarter Financial Results

Written by Customer Service on December 9, 2020. Posted in Earnings Releases And Operating Results.

Quarterly Operating Revenues of $342.1 million, up 19%Quarterly Net Income of $77.4 million, up 185%Quarter Diluted EPS of $3.90 per share, ROE of 42.5%NEW YORK, Dec. 09, 2020 (GLOBE NEWSWIRE) — StoneX Group Inc. (the ‘Company’; NASDAQ: SNEX), a diversified global brokerage and financial services firm providing execution, risk management and advisory services, market intelligence and clearing services across multiple asset classes and markets around the world, today announced its financial results for the fiscal year 2020 fourth quarter ended September 30, 2020.Sean M. O’Connor, CEO of StoneX Group Inc., stated, “Despite the unprecedented pandemic and its impact on the economy and markets in general, fiscal 2020 was a year of significant milestones and accomplishments for our company. We achieved record results on a consolidated...

II-VI Incorporated POLS Platform Wins ECOC 2020 Data Center Innovation/Best Product Award

Written by Customer Service on December 9, 2020. Posted in Public Companies.

PITTSBURGH, Dec. 09, 2020 (GLOBE NEWSWIRE) — II‐VI Incorporated (Nasdaq: IIVI), a leader in optical components, modules, and subsystems, today announced that its pluggable optical line subsystem (POLS) platform has won the ECOC 2020 Industry Award in the Data Center Innovation/Best Product category.The award was presented at the European Conference on Optical Communications (ECOC 2020), on December 8, 2020. The ECOC Exhibition Industry Awards emphasize technology and product commercialization. They highlight significant achievements in advancing the business of optical communications, transport, networking, fiber-based products, photonic integrated circuits, and related developments.“We are excited to win the ECOC 2020 Industry Award, especially in the very broad category of best product for datacenter innovation,” said Dr. Sanjai...

Oxford: Owner of Tommy Bahama, Lilly Pulitzer and Southern Tide Reports Third Quarter Fiscal 2020 Results

Written by Customer Service on December 9, 2020. Posted in Earnings Releases And Operating Results.

–Strength in E-commerce in all Brands––Announces Exit of Legacy Lanier Apparel Business––Declares Dividend of $0.25 per share–ATLANTA, Dec. 09, 2020 (GLOBE NEWSWIRE) — Oxford Industries, Inc. (NYSE:OXM) today announced financial results for its third quarter of fiscal 2020, ended October 31, 2020. Consolidated net sales were $175 million compared to $241 million in the third quarter of fiscal 2019. For the third quarter of fiscal 2020, the Company reported a loss of $0.64 per share on a GAAP basis and an adjusted loss per share of $0.44. This compares with earnings per share of $0.10 on both a GAAP and adjusted basis in the third quarter of fiscal 2019.The Company also announced its decision to exit the Lanier Apparel business, which is expected to be complete in the second half of fiscal 2021....

nCino Reports Third Quarter Fiscal 2021 Financial Results

Written by Customer Service on December 9, 2020. Posted in Earnings Releases And Operating Results.

WILMINGTON, N.C., Dec. 09, 2020 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced financial results for the third quarter of fiscal year 2021, ended October 31, 2020.“We are very pleased with nCino’s third quarter performance as we again exceeded expectations while successfully rolling out numerous product updates across the nCino Bank Operating System®,” said Pierre Naudé, CEO of nCino. “We continue to see strong global demand for our platform from financial institutions of all sizes, with several significant deal signings in the third quarter, along with numerous go-lives in the U.S. and international markets. With the pandemic further accelerating the demand for digital transformation of financial institutions,...

Genasys Inc. Reports Record Fiscal Year 2020 Financial Results

Written by Customer Service on December 9, 2020. Posted in Earnings Releases And Operating Results.

SAN DIEGO, Dec. 09, 2020 (GLOBE NEWSWIRE) — Genasys Inc. (NASDAQ: GNSS), the global leader in critical communications systems and solutions, today announced record fiscal fourth quarter and fiscal year revenues and net income in its financial results for the Company’s fiscal year ended September 30, 2020.“Strong LRAD® revenues fueled record fiscal fourth quarter and fiscal year revenues,” said Richard S. Danforth, Chief Executive Officer of Genasys Inc. “Fiscal fourth quarter revenues were $14.0 million and fiscal year revenues totaled $43.0 million, the best in the Company’s history.”Fiscal Fourth Quarter 2020 Financial SummaryFiscal 2020 fourth quarter revenues were $14.0 million, an increase of 80% from $7.7 million in the same period last year. Higher backlog entering the fourth quarter of fiscal 2020, compared to...

A-Mark Precious Metals Acquires Minority Interest in Sunshine Minting

Written by Customer Service on December 9, 2020. Posted in Mergers And Acquisitions.

EL SEGUNDO, Calif. and COEUR D’ALENE, Idaho, Dec. 09, 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, today announced that it recently acquired a 31.1% interest in Sunshine Minting, Inc. (SMI), a leading manufacturer of precious metals mint products and a long-standing supplier and counterparty of A-Mark.Through its three state-of-the-art minting facilities around the world, SMI is the industry leader for the supply of high-quality blanks, coins and medallions, as well as a wide array of custom minted products possessing various finishes for some of the largest sovereign governments, major marketing companies, financial institutions, corporations, and private groups globally.“We’re excited to expand on our long-standing...

Enzo Biochem Reports First Quarter Fiscal 2021 Financial Results and Provides Business Update

Written by Customer Service on December 9, 2020. Posted in Earnings Releases And Operating Results.

Company reports $28.7 million in revenue, exceeding revenue guidance by $1.7 million and representing a 47% increase over sequential quarter and continued recovery and opportunity from impact of COVID-19 pandemic on business operations.Profitable quarter reflects positive EBITDA in excess of $1 million and EPS of $0.01.Company achieves significant progress in applying its assets to new market opportunities including point-of-care and direct-to-consumer offerings, and progress in ongoing strategic alignment.Industry leaders Ian Walters, MD and Mary Tagliaferri, MD join ENZO Board of DirectorsConference call and live webcast scheduled for today,Wednesday, December 9, 2020 at 4:30 pm (ET)NEW YORK, Dec. 09, 2020 (GLOBE NEWSWIRE) — Enzo Biochem, Inc. (NYSE:ENZ), a leading biosciences and diagnostics company, today reported financial...

Mesa Air Group Reports Fourth Quarter and Full-Year Fiscal 2020 Profit December 9, 2020

Written by Customer Service on December 9, 2020. Posted in Earnings Releases And Operating Results.

PHOENIX, Dec. 09, 2020 (GLOBE NEWSWIRE) — Mesa Air Group, Inc. (NASDAQ: MESA) today reported fourth quarter and full-year fiscal 2020 financial and operating results.Fiscal 2020 Q4 HighlightsEPS of $0.32, Full Year $0.78Year-end cash increased by $34.5 million to $99.4 millionRecent UpdatesAmended capacity purchase agreement with American to operate 40 CRJ-900s for a five-year termCommenced cargo operations for DHL with two Boeing 737-400F Added 10 new E175 aircraft to our United fleet in November and DecemberEntered into a $195 million loan under the CARES Act with the U.S. TreasuryMesa’s Q4 2020 results reflect net income of $11.4 million, or $0.32 per diluted share, compared to net income of $12.2 million, or $0.35 per diluted share for Q4 2019. Mesa Q4 2020 results include, per GAAP, the deferral of $7.8 million of revenue,...

SPS Commerce Wins Best in Biz Company of the Year Award

Written by Customer Service on December 9, 2020. Posted in Public Companies.

MINNEAPOLIS, Dec. 09, 2020 (GLOBE NEWSWIRE) — SPS Commerce, Inc. (NASDAQ: SPSC) today announced that it has been named a Gold winner in the Company of the Year – B2B category in the Best in Biz Awards. The 10th annual awards program saw a strong field of entries from public and private companies of all sizes and spanning all geographic regions and industries in the U.S. and Canada – proving North American business’ resilience and continuing innovation and growth.“SPS Commerce celebrated several milestones in 2020, including our tenth year as a public company and achieving 79 consecutive quarters of growth,” said Mark O’Leary, Chief Marketing Officer at SPS Commerce. “Our global team continues to raise the bar for customer success, product innovation and giving back to our local communities. We are honored the Best in Biz Awards’...

Day: December 9, 2020

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