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Month: February 2021

IEC ANNOUNCES FISCAL 2021 FIRST QUARTER RESULTS

REVENUE OF $47.5 MILLION IN THE QUARTER; UP 6.1% YEAR OVER YEARGROSS MARGIN OF 12.1% IN THE QUARTER, UP 40 BASIS POINTS YEAR OVER YEARNET INCOME OF $1.5 MILLION, UP 29.3% YEAR OVER YEARNEWARK, N.Y., Feb. 03, 2021 (GLOBE NEWSWIRE) — IEC Electronics Corp. (Nasdaq: IEC) today announced results for the fiscal 2021 first quarter ended January 1, 2021 (“fiscal 2021”).IEC reported revenues of $47.5 million for the first quarter of fiscal 2021, an increase of 6.1% as compared to revenues of $44.7 million for the first quarter of the year ended September 30, 2020 (“fiscal 2020”) and a slight sequential increase as compared to the fourth quarter of fiscal 2020. Gross profit for the first quarter of fiscal 2021 was $5.7 million, or 12.1% of sales, compared to gross profit of $5.2 million, or 11.7% of sales in the first quarter of fiscal 2020,...

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Stitch Fix to Present at the Goldman Sachs Technology and Internet Conference

SAN FRANCISCO, Feb. 03, 2021 (GLOBE NEWSWIRE) — Stitch Fix, Inc. (NASDAQ: SFIX), the leading online personal styling service, today announced that Katrina Lake, founder and CEO of Stitch Fix, is scheduled to participate in a virtual fireside chat at the Goldman Sachs Technology and Internet Conference on Wednesday, February 10 at 12:40 P.M. PT / 3:40 P.M. ET.A live webcast and replay of the session will be available on the investor relations section of the Stitch Fix website at https://investors.stitchfix.com.About Stitch FixStitch Fix is an online personal styling service that is reinventing the shopping experience by delivering one-to-one personalization to our clients through the combination of data science and human judgment. Stitch Fix was founded in 2011 by CEO Katrina Lake. Since then, we’ve helped millions of women, men,...

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Overstock Scheduled to Release Q4 2020 Financial Results on February 24

SALT LAKE CITY, Feb. 03, 2021 (GLOBE NEWSWIRE) — Overstock.com, Inc. (NASDAQ:OSTK), a leading e-commerce home furnishings retailer and advocate of blockchain technology, is scheduled to release fourth quarter financial results for the period ended December 31, 2020, on Wednesday, February 24, 2021, before the market opens. The company has scheduled a conference call and webcast for 8:30am ET that day to discuss these results and take questions from participants during the live event. Questions may also be submitted to ir@overstock.com in advance.Webcast InformationTo access the live webcast and presentation slides, visit http://investors.overstock.com. To listen to the conference call via telephone, dial (877) 673-5346 and enter conference ID number 9437865 when prompted. Participants outside the U.S. or Canada who do not have internet...

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ADM Endeavors, Inc. (OTCQB: ADMQ) Now Part of Elite Businesses Earning Better Business Bureau Accreditation

FORT WORTH, TX, Feb. 03, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — ADM Endeavors, Inc. (OTCQB: ADMQ) is pleased to announce that the naming of the Company and its subsidiaries are now part of the elite group of businesses that have earned BBB (Better Business Bureau) Accreditation by committing to the BBB Standards. These standards are based on BBB’s determination of the attributes of a better business.  They include: Build Trust.  A business must establish and maintain a positive track record in the marketplace, including fulfilling all competency and trade licensing requirements.  The business must be free of any government action that demonstrated a significant failure to support BBB principles. Advertise Honestly.  Follow established legal and ethical advertising and selling practices.  Tell the truth, including being...

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TrackX Reports Q4 and Fiscal 2020 Financial Results

DENVER, Feb. 03, 2021 (GLOBE NEWSWIRE) — TrackX Holdings Inc. (TSX.V:TKX | FRANKFURT:3TH) (“TrackX” or the “Company), a Software-as-a-Service (SaaS)-based enterprise asset management solution provider, announces the financial and operational highlights from its fourth quarter and fiscal year ended September 30, 2020. All results are reported in Canadian dollars unless otherwise specified. A complete set of the September 30, 2020 Consolidated Financial Statements and Management’s Discussion & Analysis has been filed on SEDAR (www.sedar.com).“Fiscal 2020 represented a challenging year for many companies,” said President and CEO, Tim Harvie. “Disruptions across many industries due to COVID-19 resulted in contract delays and an inability to travel to customer sites to complete implementations. While we expect to see progress on...

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InspireMD Secures Partner for Intended Registration and Distribution of CGuard EPS in Mainland China

TEL AVIV, Israel, Feb. 03, 2021 (GLOBE NEWSWIRE) — InspireMD, Inc. (NYSE American: NSPR), developer of the CGuard™ Embolic Prevention System (EPS) for the prevention of the stroke caused by carotid artery disease, today announced a transaction intended to achieve distribution of CGuard EPS in mainland China.InspireMD’s agreement with three China-based investment partners, including Shanghai Micro Medical (SMM) and QIDI Asia Medical, stipulates that the Chinese partners will be responsible for conducting all necessary registration trials for commercial approval, followed by an eight-year exclusive distribution right in China. In addition, QIDI has agreed to make a $900,000 investment in InspireMD’s common stock at the closing price on the day immediately prior to entering into the transaction in a private placement. The transactions...

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Bubblr Receives Notice of Allowance for U.S. Patent Application Covering ‘Internet-Based Search Mechanism’

Significant Milestone is Expected to Advance Company Mission to Fix Fundamental Flaws in the Current Internet Economic ModelLondon, UK, Feb. 03, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Bubblr Inc. (OTC PINK: BBLR) (“Bubblr” or the “Company”), an ethical technology company focused on the development and commercialization of mobile-first technologies, today announced that it has received a Notice of Allowance from the U.S. Patent and Trademark Office for its utility patent application covering its Internet-based Search Mechanism.The title of the invention is: “INTERNET-BASED SEARCH MECHANISM” and it encapsulates most of the key pillars of Bubblr’s proposed alternative economic ecosystem model, which will be manifested in the Company’s ad-free marketplace. The patent will facilitate end-users...

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Safe-T Group Ltd. to Participate at A.G.P.’s Virtual Emerging Growth Technology Conference on February 4, 2021

HERZLIYA, Israel, Feb. 03, 2021 (GLOBE NEWSWIRE) — Safe-T® Group Ltd. (NASDAQ, TASE: SFET), a provider of secure access solutions and intelligent data collection, today announced that Shachar Daniel, CEO of Safe-T Group, will be available to meet on a one-on-one basis at A.G.P.’s Virtual Emerging Growth Technology Conference on Thursday, February 4, 2021.Mr. Daniel will provide an overview of the Company and its Zero Trust Access solutions which mitigate attacks on enterprises’ business-critical services and sensitive data, while ensuring uninterrupted business continuity. COVID-19 has dramatically accelerated work-from-home (WFH) and Safe-T’s ZoneZero™ technology is capable of providing secure access for on-premise and hybrid cloud environments. ZoneZero™ looks to secure network access whether an employee is in the office...

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II-VI Incorporated Wins Fujitsu Supply Chain Excellence Award 2020

PITTSBURGH, Feb. 03, 2021 (GLOBE NEWSWIRE) — II‐VI Incorporated (Nasdaq: IIVI), a leading supplier of transceivers, today announced that it received the Supply Chain Excellence Award 2020 from Fujitsu Network Communications Inc. at its virtual Supplier Appreciation Day held on January 14, 2021. II-VI was honored by Fujitsu in recognition of its excellent overall performance, including achievement of 100% on-time delivery.“II-VI is proud to receive this recognition from Fujitsu and would like to thank our operations teams for their dedication to excellence that made it possible,” said Dr. Lee Xu, Sr. Vice President, Transceivers Business Unit. “The award is a strong demonstration of our ability to leverage our vertical integration and global supply chain management to deliver advanced transceivers at scale to a world-class equipment...

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