Day: March 9, 2021

H&R Block Reports Fiscal 2021 Third Quarter Results; Reiterates Fiscal Year Financial Outlook

Written by Customer Service on March 9, 2021. Posted in Public Companies.

KANSAS CITY, Mo., March 09, 2021 (GLOBE NEWSWIRE) — H&R Block, Inc. (NYSE: HRB) today released its financial results1 for the fiscal 2021 third quarter ended January 31, 2021.Company reiterates its revenue growth and earnings outlook for the fiscal year.Fiscal third quarter revenue was impacted by a delayed start to the U.S. tax season and a later-than-usual opening of IRS e-file resulting in a 41% decline to $308 million. These impacts were partially offset by an increase in small business payments processing and payroll volume at Wave, increased fees from Emerald Card transactions, and improved international results.GAAP loss per share from continuing operations2 increased from $(0.66) to $(1.27), and adjusted non-GAAP loss per share3 increased from $(0.59) to $(1.17), due to the decline in revenue, partially offset by a...

Xenon Pharmaceuticals Announces Proposed Public Offering of Common Shares

Written by Customer Service on March 9, 2021. Posted in Public Companies.

BURNABY, British Columbia, March 09, 2021 (GLOBE NEWSWIRE) — Xenon Pharmaceuticals Inc. (Nasdaq:XENE), a clinical stage biopharmaceutical company, today announced that it has commenced an underwritten public offering of its common shares and, in lieu of common shares to certain investors that so choose, pre-funded warrants to purchase common shares, pursuant to its existing shelf registration statement. It is expected that the underwriters of the offering will be granted an option for a period of 30 days to purchase up to an additional 15% of the common shares offered in the offering, at the public offering price, less the underwriting discounts and commissions. 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.Jefferies, Stifel, and William...

Espey Suspends Dividend

Written by Customer Service on March 9, 2021. Posted in Dividend Reports And Estimates.

SARATOGA SPRINGS, N.Y., March 09, 2021 (GLOBE NEWSWIRE) — The Board of Directors of Espey Mfg. & Electronics Corp. (NYSE AMERICAN: ESP) has suspended its quarterly dividend.The Board of Directors of Espey Mfg. & Electronics Corp. has determined to suspend payment of a cash dividend which, in accordance with practice, would have been declared and paid prior to the end of this month. In making the determination, the Board balanced the objective of maintaining Espey’s strong position to address the business challenges caused by the global pandemic which continue to confront the industries the Company services, against the historical payment of consistent dividends to shareholders.Patrick Enright, Espey’s President and CEO, explained the Board’s decision. “The continued decline of the rail industry, the virtual collapse of...

AAR to announce third quarter fiscal year 2021 results on March 23, 2021

Written by Customer Service on March 9, 2021. Posted in Public Companies.

Wood Dale, Illinois, March 09, 2021 (GLOBE NEWSWIRE) — AAR CORP. (NYSE: AIR) today announced that it will release financial results for its third quarter of fiscal year 2021, ended February 28, 2021, after the market closes on Tuesday, March 23, 2021.On Tuesday, March 23, 2021 at 3:45 p.m. CT, AAR will hold a conference call to discuss the results. The conference call can be accessed by calling 866-802-4322 from inside the U.S. or +1-703-639-1319 from outside the U.S.A replay of the conference call will also be available by calling 855-859-2056 from inside the U.S. or +1-404-537-3406 from outside the U.S. (access code 7668363). The replay will be available from 7:15 p.m. CT on March 23, 2021, until 10:59 p.m. CT on March 29, 2021.# # #About AARAAR is a global aerospace and defense aftermarket solutions company with operations in over...

SJI Women Making History As Presidents of Both of SJI’s Utilities

Written by Customer Service on March 9, 2021. Posted in Public Companies.

FOLSOM, NJ, March 09, 2021 (GLOBE NEWSWIRE) — Media Contact: Dominick DiRocco(609) 561-9000 ext. 4262ddirocco@sjindustries.com Investor Contact: Dan Fidell(609) 561-9000 ext. 7027dfidell@sjindustries.comFOR IMMEDIATE RELEASESJI Women Making History As Presidents of Both of SJI’s UtilitiesFOLSOM, NJ, March 9, 2021 – SJI (NYSE: SJI) is not only celebrating Women’s History Month but is making history of its own with two dynamic women now the top executives at both utility companies, South Jersey Gas and Elizabethtown Gas.In July 2020, SJI named Melissa Orsen president and COO of South Jersey Gas, having served as SVP at SJI since 2018,...

Norwegian Cruise Line Holdings Ltd. Announces Closing of 47,577,947 Ordinary Shares

Written by Customer Service on March 9, 2021. Posted in Public Companies.

MIAMI, March 09, 2021 (GLOBE NEWSWIRE) — Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) (the “Company”) announced today that it has closed its underwritten public offering of 47,577,947 ordinary shares of the Company (the “Offering”) at a price to the public of $30.00 per share. The Company has granted the underwriter an option to purchase up to 5,000,000 additional ordinary shares.The Company expects to use the net proceeds from the Offering to repurchase all of NCL Corporation Ltd.’s, a subsidiary of the Company, exchangeable senior notes due 2026, which are currently held by an affiliate of L Catterton, with any remaining net proceeds to be used for general corporate purposes.Goldman Sachs & Co. LLC acted as the sole underwriter for the Offering.The Offering was made under an automatic shelf registration statement filed...

Array Technologies, Inc. Reports Financial Results for the Fourth Quarter and Full Year 2020

Written by Customer Service on March 9, 2021. Posted in Earnings Releases And Operating Results.

Fourth Quarter 2020 Financial HighlightsRevenue of $180.6 millionNet Loss of ($9.8) millionBasic and Diluted Net Loss per share of ($0.08)Adjusted EBITDA of $20.0 million(1)Adjusted Basic and Diluted Net Income per share of $0.08(1)Full Year 2020 Financial HighlightsRevenue of $872.7 millionNet Income of $59.1 millionBasic and Diluted Net Income per share of $0.49Adjusted EBITDA of $160.5 million(1)Adjusted Basic and Diluted Net Income per share of $0.93(1)(1) A reconciliation of the GAAP to the most comparable Non-GAAP results is included below.ALBUQUERQUE, N.M., March 09, 2021 (GLOBE NEWSWIRE) — Array Technologies, Inc. (Nasdaq: ARRY), one of the world’s largest manufacturers of ground-mounted systems used in solar energy projects, today announced financial results for its fourth quarter and full year ended December 31, 2020.“I...

Soleno to Participate in the 31st Annual Oppenheimer Healthcare Conference

Written by Customer Service on March 9, 2021. Posted in Public Companies.

REDWOOD CITY, Calif., March 09, 2021 (GLOBE NEWSWIRE) — Soleno Therapeutics, Inc. (“Soleno”) (NASDAQ: SLNO), a clinical-stage biopharmaceutical company developing novel therapeutics for the treatment of rare diseases, today announced that Anish Bhatnagar, M.D., Chief Executive Officer, will participate in a fireside chat at the 31st Annual Oppenheimer Healthcare Conference on Tuesday, March 16, 2021 at 1:50 PM Eastern Time.A live audio webcast and replay of the fireside chat will be available in the Investors section on the Company’s website at www.soleno.life.About Soleno Therapeutics, Inc.Soleno is focused on the development and commercialization of novel therapeutics for the treatment of rare diseases. The company’s lead candidate, DCCR extended-release tablets, a once-daily oral tablet for the treatment of Prader-Willi Syndrome...

Brickell Biotech Reports Fourth Quarter and Full Year 2020 Financial Results and Provides Corporate Update

Written by Customer Service on March 9, 2021. Posted in Public Companies.

Initiated U.S. pivotal Phase 3 clinical program (Cardigan I and II studies) evaluating sofpironium bromide gel, 15% for the treatment of primary axillary (underarm) hyperhidrosisCardigan I study exceeds 50% enrollment with topline results from both studies anticipated in the fourth quarter of 2021BOULDER, Colo., March 09, 2021 (GLOBE NEWSWIRE) — Brickell Biotech, Inc. (“Brickell” or the “Company”) (Nasdaq: BBI), a clinical-stage pharmaceutical company focused on developing innovative and differentiated prescription therapeutics for the treatment of debilitating skin diseases, today announced financial results for the fourth quarter and full year ended December 31, 2020 and provided a corporate update.“Over the last several months, we achieved a number of important milestones – including the initiation of the U.S. pivotal Phase 3...

LMP Announces the Acquisition and Closing of a Majority Interest in LTO Holdings, LLC in a Cash and Stock Deal Through LMP’s Wholly-Owned Subsidiary, LMP Finance, LLC

Written by Customer Service on March 9, 2021. Posted in Mergers And Acquisitions.

FORT LAUDERDALE, Fla., March 09, 2021 (GLOBE NEWSWIRE) — LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced the acquisition and closing of a majority interest in LTO Holdings, LLC (“LTO”) in a cash and stock deal through LMP’s wholly-owned subsidiary, LMP Finance, LLC.Expands LMP’s e-commerce sales and subscription-leasing programs and fulfillment in the Northeast market, one of the nation’s most desirable marketsAdds profitable and cost-efficient reconditioning and collision center in regionExpands the company’s logistics and fulfillment footprint and free delivery radiusStrong, stable margins and immediately accretive to earningsLMP will acquire a 51% interest in LTO in exchange for a contribution of $225,000 as working capital to LTO and $225,000...

Day: March 9, 2021

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