Day: March 15, 2021

NXP Semiconductors to Join S&P 500 Index

Written by Customer Service on March 15, 2021. Posted in Public Companies.

EINDHOVEN, The Netherlands, March 15, 2021 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ: NXPI) (the “Company”) today announced that it will be added to the S&P 500 index, beginning at the open of trading on Monday, March 22, 2021.“We are honored to join the esteemed group of global companies that comprise the S&P 500,” said Kurt Sievers, President and CEO of NXP Semiconductors. “This significant milestone reflects the efforts of our entire global NXP team, dedicated to being the world leader in secure connections for the smarter world, and driving innovation to make lives easier, better, and safer.”The S&P 500 index is widely regarded as the best single gauge of large-cap U.S. equities. NXP Semiconductors N.V. will be added to the GICS Information Technology Sub-Industry index.About...

Hersha Hospitality Trust to Report First Quarter 2021 Earnings on April 28, 2021

Written by Customer Service on March 15, 2021. Posted in Public Companies.

PHILADELPHIA, March 15, 2021 (GLOBE NEWSWIRE) — Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced that the Company will release its financial results for the first quarter 2021 after the market close on Wednesday, April 28, 2021. The Company will host a conference call to discuss these results at 9:00 AM Eastern Time on Thursday, April 29, 2021. Hosting the call will be Mr. Jay H. Shah, Chief Executive Officer, Mr. Neil H. Shah, President and Chief Operating Officer, and Mr. Ashish Parikh, Chief Financial Officer.A live audio webcast of the conference call will be available on the Company’s website at www.hersha.com. The conference call can be accessed by dialing 1-888-317-6003 or 1-412-317-6061 for international...

PAE to Present at the Bank of America Securities Global Industrials Conference

Written by Customer Service on March 15, 2021. Posted in Public Companies.

FALLS CHURCH, Va., March 15, 2021 (GLOBE NEWSWIRE) — PAE (NASDAQ: PAE, PAEWW) will present at the Bank of America Securities Global Industrials Conference. Charlie Peiffer, PAE’s Chief Financial Officer, will participate in a virtual presentation and fireside chat question-and-answer session on Wednesday, March 17, 2021, at approximately 9:10 a.m. ET.Interested parties are invited to access the webcast from the PAE Investor Relations website and may register for an email reminder using the “Events and Presentations” link. An archive of the webcast will be available on the PAE Investor Relations website shortly after the conclusion of the presentation and will remain available for 90 days.About PAEFor over 65 years, PAE has tackled the world’s toughest challenges to deliver agile and steadfast solutions to the U.S. government and...

Solid Biosciences Reports Efficacy and Safety Data from the Ongoing IGNITE DMD Clinical Trial and Resumption of Patient Dosing in the 2E14 vg/kg Cohort

Written by Customer Service on March 15, 2021. Posted in Public Companies.

– Interim data from six patients provide evidence of a potential benefit of SGT-001 in functional endpoints of North Star Ambulatory Assessments (NSAA), 6-minute walk test (6MWT), pulmonary function tests (PFTs), and clinically validated patient reported outcome measures (PROMs) –– Patient 7, safely dosed with SGT-001, experienced transient and manageable adverse events, none of which were serious; six patients previously dosed showed no new drug-related safety findings 17-37 months post dosing; screening and enrollment of patients into IGNITE DMD continue –– Presentations to follow at the 2021 Muscular Dystrophy Association (MDA) Virtual Clinical & Scientific Conference –– Company to host conference call and webcast today at 4:30 PM ET to discuss clinical data and financial results –CAMBRIDGE,...

Max Sound Corp (MAX-D) Signs Landmark Agreement with Formula 4 Protocol in Deal it calls the New Paradigm-Shattering Precedent For HD Audio Branded Content that Includes National and then International Distribution in Major Retail

Written by Customer Service on March 15, 2021. Posted in Public Companies.

SAN DIEGO, March 15, 2021 (GLOBE NEWSWIRE) — Max Sound Corp (OTC: MAXD) announced today that it has signed a Joint Venture Licensing Agreement providing its HD Audio Technology to Formula 4 Protocol, one of the top up and coming Life Mastery programs that is leveling people up all over the world leading them to a substantially improved experience of rapid positive changes in every area of their life. Formula 4 Protocol will begin immediately upgrading yet again its successful line as an improved, premium offering of courses and meditations processed and branded with MAX-D HD Audio to provide users the option of an even deeper, more immersive transformational experience than has already been reported in some 62,000 users over two one-year test markets.Formula 4 Protocol has received thousands of positive audio, video and written...

Hallmark Financial Announces Fourth Quarter and Fiscal 2020 Results

Written by Customer Service on March 15, 2021. Posted in Earnings Releases And Operating Results.

DALLAS, March 15, 2021 (GLOBE NEWSWIRE) — Hallmark Financial Services, Inc. (“Hallmark Financial”) (NASDAQ: HALL) today announced financial results for the fourth quarter and fiscal year ended December 31, 2020.(1) See “Non-GAAP Financial Measures” belowNet loss of $6.0 million in the fourth quarter was primarily due to adverse prior year reserve development ($25.0 million pre-tax). The adverse prior year reserve development was driven by $21.8 million from our Specialty Commercial Segment which was comprised mostly of $19.0 million from our Commercial Auto business unit.Hallmark Financial continued to achieve substantial rate increases, particularly in the Specialty Commercial Segment, with increases for this business averaging 20% for the quarter and 19% for the fiscal year.Gross premiums written decreased 24% compared to the...

Amphastar Pharmaceuticals Reports Financial Results for the Three Months and Full-Year Ended December 31, 2020

Written by Customer Service on March 15, 2021. Posted in Earnings Releases And Operating Results.

RANCHO CUCAMONGA, Calif., March 15, 2021 (GLOBE NEWSWIRE) — Amphastar Pharmaceuticals, Inc. (NASDAQ: AMPH) (“Amphastar” or the “Company”) today reported results for the three months and full-year ended December 31, 2020.Fourth Quarter HighlightsNet revenues of $95.9 million for the fourth quarterGAAP net loss of $6.3 million, or $0.13 per share, for the fourth quarterAdjusted non-GAAP net income of $8.0 million, or $0.16 per share, for the fourth quarterFull-Year HighlightsNet revenues of $349.8 million for the fiscal yearGAAP net income of $1.4 million, or $0.03 per share, for the fiscal yearAdjusted non-GAAP net income of $31.6 million, or $0.64 per share, for the fiscal yearDr. Jack Zhang, Amphastar’s President and Chief Executive Officer, commented: “Glucagon’s approval, along with the substantial growth in Primatene Mist® and...

Enzo Biochem Reports Second Quarter Fiscal 2021 Results; Company Provides Leadership and Corporate Updates

Written by Customer Service on March 15, 2021. Posted in Earnings Releases And Operating Results.

Total second quarter revenue of $31.5 million increased 62% year-over-year on continued recovery and expansion from impact of COVID-19 pandemicSecond quarter clinical laboratory revenue of $24.0 million increased 92% on significant volume and pricing growth due to improved product mixConsolidated quarterly gross margin of 50% improved 2000 basis points year-over-yearAchieved adjusted EBITDA at $4.3 million for the quarter with increases in sequential and YOY profitabilityEPS of $0.05 for the quarter vs. EPS loss of ($0.16) in Q2 2020Dr. Elazar Rabbani, Founder and CEO, to step down as CEO and transition to a scientific role with the Company once a qualified successor is identified and hired by the BoardExecutive search firm Korn Ferry engaged to identify CEO candidatesGary M. Huff, former LabCorp Diagnostics CEO, named Strategic Consultant...

CarLotz Announces Record Revenue and Retail Unit Sales in Fourth Quarter 2020, with Significant Growth Expected in 2021

Written by Customer Service on March 15, 2021. Posted in Earnings Releases And Operating Results.

Fourth Quarter Unit Sales of 1,815, Ahead of ExpectationsFourth Quarter Revenue Growth of 40% to $37.0 million, Ahead of ExpectationsProvides First Quarter and 2021 OutlookRICHMOND, Va., March 15, 2021 (GLOBE NEWSWIRE) — CarLotz, Inc. (NASDAQ: LOTZ) (“CarLotz” or the “Company”), a leading consignment-to-retail used vehicle marketplace, today announced financial results for the fourth quarter and full year ended December 31, 2020.Highlights of Fourth Quarter 2020 Financial ResultsNet revenues exceeded expectations and increased 40% to $37.0 million from $26.4 million in the same period in 2019. This growth was driven by double-digit growth in retail units, retail average selling price, and financing and product revenuesRetail unit sales exceeded expectations and were 1,815 compared to 1,614 in the prior year period, an increase of...

Shoals Technologies Group, Inc. Reports Financial Results for Fourth Quarter and Full-Year 2020

Written by Customer Service on March 15, 2021. Posted in Earnings Releases And Operating Results.

– Reports Record Revenue and Earnings for 2020 –– Fourth Quarter Gross Margin Expands More Than 530 bps Year-Over-Year –– Backlog at December 31, 2020 up 46% Versus Last Year –– Provides 2021 Outlook for Continued Strong Growth –PORTLAND, Tenn., March 15, 2021 (GLOBE NEWSWIRE) — Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions for solar, battery storage and electric vehicle charging infrastructure, today announced financial results for its fourth quarter and full year ended December 31, 2020.“2020 was another record year for Shoals. We grew revenues 21%, expanded adjusted EBITDA margins more than 900 basis points, increased the percentage of our revenues from system solutions to 66% and successfully navigated the unique challenges created...

Day: March 15, 2021

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