Day: May 4, 2021
LONDON, UNITED KINGDOM, May 04, 2021 (GLOBE NEWSWIRE) — Tekcapital Plc (AIM: TEK), (OTCQB: TEKCF), the UK intellectual property investment group focused on creating valuable products from investing in university technologies that can improve quality of life, is pleased to announce that portfolio company Guident has demonstrated its low-latency, vehicle control software to power its Remote Monitoring and Control Center.
Guident Ltd, the developer of software for improving the safety of autonomous vehicles (AVs) and delivery robots, announces the successful demonstration of its remote-control technology. This will be used in its first remote monitoring and control center (RMCC) for AVs, to be launched later this year in Boca Raton, Florida. The RMCC will be able to monitor multiple vehicles from a remote, secure monitoring centre,...
Neuronetics Reports First Quarter 2021 Financial and Operating Results
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MALVERN, Pa., May 04, 2021 (GLOBE NEWSWIRE) — Neuronetics, Inc. (NASDAQ: STIM), a commercial stage medical technology company focused on designing, developing and marketing products that improve the quality of life for patients who suffer from psychiatric disorders, today announced its financial and operating results for the first quarter of 2021.
First Quarter 2021 HighlightsFirst quarter 2021 revenue of $12.3 million, compared to $11.5 million in first quarter 2020, primarily due to an increase in U.S. treatment session revenue
First quarter revenues surpassed our guidance midpoint by $0.8 millionCash and cash equivalents were $121.3 million as of March 31, 2021, inclusive of proceeds from our follow-on offering of 5,566,000 shares of our common stock raising $80.6 million in net cash in February 2021
Launched new 5 STARS...
Acuant Announces the Acquisition of Hello Soda to Strengthen Its Trusted Identity Platform and Global Position in Digital Identity
Written by Customer Service on . Posted in Mergers And Acquisitions.
The acquisition follows the company’s best quarter in history with record revenueAcuantPowering Trust For AllLOS ANGELES, May 04, 2021 (GLOBE NEWSWIRE) — Acuant, the global trusted identity platform for fraud prevention and AML compliance, today announced the completion of the acquisition of Hello Soda as part of their continued investment and commitment to innovative technology. Hello Soda is a global provider of identity verification and KYC solutions headquartered in the UK with focus on the European and Asian markets. Along with the company’s deep expertise in eMoney and gaming, with customers including VirginBet, Klarna and Paysafe, the union will bring together powerful technology and data science capabilities that are key to unlocking trust in digital identities.
“Our goal has always been to power trust...
Jushi Holdings Inc. Completes Acquisition of Two California Retail Dispensaries
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Builds Depth in California Market with Second and Third, Strategically Located Retail Dispensaries in Palm Springs and Grover Beach, California
BOCA RATON, Fla., May 04, 2021 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCMKTS: JUSHF), a vertically integrated, multi-state cannabis operator, announced that it has closed on its previously announced acquisition of 100% of the equity of Organic Solutions of the Desert, LLC (“OSD”), an operating dispensary located in Palm Springs, California and approximately 78% of the equity of a retail license holder located in Grover Beach, California with the option to acquire the remaining equity in the future. Jushi will be implementing its best-in-class, customer focused retail approach that includes the introduction of its online reservation ordering platform...
Vishay Reports Results for First Quarter 2021
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Revenues Q1 of $765 million
Gross margin Q1 of 26.5%
Operating margin Q1 of 12.7%
EPS Q1 of $0.49; adjusted EPS $0.46
Free Cash for the trailing 12 months Q1 of $211 million
Guidance Q2 for revenues of $790 to $830 million at a gross margin of 27.3% plus/minus 60 basis points at Q1 exchange rates.MALVERN, Pa., May 04, 2021 (GLOBE NEWSWIRE) — Vishay Intertechnology, Inc. (NYSE: VSH), one of the world’s largest manufacturers of discrete semiconductors and passive components, today announced its results for the fiscal quarter ended April 3, 2021.
Revenues for the fiscal quarter ended April 3, 2021 were $764.6 million, compared to $667.2 million for the fiscal quarter ended December 31, 2020, and $612.8 million for the fiscal quarter ended April 4, 2020. Net earnings attributable to Vishay stockholders for the fiscal quarter...
Gilat Reports First Quarter 2021 Results
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PETAH TIKVA, Israel, May 04, 2021 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its results for the first quarter of 2021.
First Quarter Financial HighlightsRevenues of $44.7 million versus $47.7 million in Q1 2020 and up from $42.6 million in the previous quarter;
GAAP operating loss of $3.7 million versus operating loss of $10.8 million in Q1 2020 and an operating income of $62.7 million in Q4 2020; GAAP operating income in Q4 2020 included income related to the legal settlement with Comtech, net of related expenses, of $64.8 million;
Non-GAAP operating loss of $3.8 million, compared with operating loss of $7.6 million in Q1 2020, and an operating loss of $1.6 million in the previous quarter;
GAAP net...
Clearside Biomedical to Report First Quarter 2021 Financial Results and Provide Corporate Update on Monday, May 17, 2021
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ALPHARETTA, Ga., May 04, 2021 (GLOBE NEWSWIRE) — Clearside Biomedical, Inc. (NASDAQ:CLSD), a biopharmaceutical company dedicated to developing and delivering treatments that restore and preserve vision for people with serious back of the eye diseases, announced today that its first quarter 2021 financial results will be reported on Monday, May 17, 2021 after the close of the financial markets. Management will host a webcast and conference call at 4:30 p.m. Eastern Time to discuss the results and provide a corporate update.
The live and archived webcast may be accessed on the Clearside website under the Investors section: Events and Presentations. The live call can be accessed by dialing (844) 263-8310 (domestic) or (213) 358-0959 (international) and entering conference code: 1488886. An archive of the webcast will be available...
FLYHT Signs Waltzing Matilda Aviation’s New Brand, Connect Airlines
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CALGARY, Alberta, May 04, 2021 (GLOBE NEWSWIRE) — FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”), a leader in providing real-time insights and actions to improve global aviation operations and profitability, today announced a multi-year contract with U.S. charter operator Waltzing Matilda Aviation for its new scheduled air carrier branded, Connect Airlines.
Under the terms of the five-year agreement, FLYHT will install AFIRS and Actionable Intelligence (“AI”) services on Connect Airlines’ entire fleet of DHC-8-Q400 turboprop aircraft. FLYHT’s Actionable Intelligence solution includes voice and text communications, engine and airframe exceedances, situational display as well as automatic movement messages in the initial installation. Future AI services are expected to include fuel management,...
BioNTech to Report First Quarter 2021 Financial Results and Operational Update on May 10, 2021
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Mainz, Germany, May 4, 2021 (GLOBE NEWSWIRE) – BioNTech SE (Nasdaq: BNTX, “BioNTech” or “the Company”) will announce its financial results for the first quarter 2021 on Monday, May 10th, 2021. BioNTech invites investors and the general public to join a conference call and webcast with investment analysts on the same day at 8.00 a.m. EDT (2.00 p.m. CEST) to report its financial results and provide a corporate update for the first quarter 2021.
The slide presentation and audio of the webcast will be available via this link.
To participate in the conference call, please dial the following numbers ten minutes prior to the start and provide the Conference ID:United States international:
+1 646 741 3167United States domestic (toll-free): ...
Endeavour Silver Intersects High-Grade Silver-Gold Mineralization at the Guanacevi Mine in Durango, Mexico
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VANCOUVER, British Columbia, May 04, 2021 (GLOBE NEWSWIRE) — Endeavour Silver Corp. (TSX: EDR, NYSE: EXK) has intersected high grade silver-gold mineralization in its 2021 exploration drill program to expand the El Curso orebody at the Guanacevi Mine in Durango State, Mexico. The Company is currently producing from three orebodies at Guanacevi: Milache, El Curso and SCS. Exploration drilling is ongoing at El Curso and SCS (view longitudinal section here).
Highlights from the latest drill results include:3.27 grams per tonne (gpt) gold and 2,753 gpt silver for 2,982 gpt silver equivalent (AgEq at an 70:1 silver:gold ratio) over a 4.1 metre (m) true width (87.0 oz per short ton (opT) AgEq over 13.5 feet (ft)), including 0.6 gpt gold and 18,752 gpt silver for 18,794 gpt AgEq over 0.3 m (548.2 opT AgEq over 1.0 ft) in drill hole...