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Year: 2020

LIZHI INC. Reports Third Quarter 2020 Unaudited Financial Results

GUANGZHOU, China, Nov. 09, 2020 (GLOBE NEWSWIRE) — LIZHI INC. (“LIZHI” or the “Company” or “We”) (NASDAQ: LIZI), a leading online UGC1 audio community and interactive audio entertainment platform in China, today announced its unaudited financial results for the third quarter ended September 30, 2020.Third Quarter 2020 Financial and Operational HighlightsNet revenues were RMB361.5 million (US$53.2 million) in the third quarter of 2020, representing a 10% increase from RMB328.7 million in the third quarter of 2019, and compared to RMB350.9 million in the previous quarter.Average total mobile MAUs2 in the third quarter of 2020 reached 56.2 million, representing an increase of 21% from 46.6 million in the third quarter of 2019, and compared to 55.9 million in the previous quarter.Average total monthly paying users3 in the third quarter...

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Battalion Oil Corporation Announces Third Quarter 2020 Results

HOUSTON, Nov. 09, 2020 (GLOBE NEWSWIRE) — Battalion Oil Corporation (NYSEA: BATL, “Battalion” or the “Company”) today announced its third quarter 2020 results.Third Quarter ResultsAverage daily net production for the quarter ended September 30, 2020 was 17,076 Boe per day, of which oil represented 56%. Total revenue for the third quarter was $39.8 million, of which 84% related to crude oil. Realized gains on derivative settlements totaled $5.3 million for the third quarter.Richard Little, the Company’s CEO, commented, “It’s hard to imagine that Q3 is a reflection of a return to ‘normal,’ however as prices recovered from lows in April, I’m pleased Battalion has had a chance to get back to optimizing production of hydrocarbons. With production back online, I’m proud of our team for demonstrating that we can continue to lower costs...

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Lennar Corporation Purchases an Additional 66 Lots at Soundview Estates from Harbor Custom Development, Inc.

Gig Harbor, Washington , Nov. 09, 2020 (GLOBE NEWSWIRE) — Harbor Custom Development, Inc. (“Harbor,” “Harbor Custom Homes®,” or the “Company”), (NASDAQ:HCDI), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced that it has closed on the Phase 3 sale of 66 residential lots at Soundview Estates in Bremerton, Washington to Lennar Northwest, Inc. , a subsidiary of the  Lennar Corporation, for $7,788,000.Harbor has now announced the completion of infrastructure improvements on a total of 152 lots at Soundview Estates, of which 127 have been purchased by Lennar for single family home construction. Lennar had previously closed on Phase 1 and 2 together totaling 61 lots from Harbor in December of 2019.Soundview Estates is a 240-lot subdivision offering spectacular views...

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NVIDIA Names Aarti Shah to Board of Directors

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...

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Smart Sand, Inc. Announces Third Quarter 2020 Results

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...

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Green Plains to Present at Stephens Annual Investment Conference

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....

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Atrion Reports Third Quarter Results

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...

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Deep Down Reports Third Quarter 2020 Results

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...

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Benefitfocus Announces Participation in Credit Suisse 29th Annual Virtual Healthcare Conference

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...

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Capstone Infrastructure Corporation Reports Third Quarter 2020 Results and Declares a Quarterly Dividend

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...

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