Day: May 27, 2021

GENFIT Informs its Shareholders of Certain Procedures for the Combined General Meeting of June 15, 2021

Written by Customer Service on May 27, 2021. Posted in Public Companies.

Lille, France; Cambridge, MA; May 27, 2021 – GENFIT (Nasdaq and Euronext: GNFT), a late-stage biopharmaceutical company dedicated to improving the lives of patients with metabolic and liver diseases (the “Company”), today informs its shareholders of certain participation and organization procedures for the ordinary and extraordinary general meeting of June 15, 2021 (the “Combined General Meeting”) in accordance with decree n°2021-255 of March 9, 2021, extending the application of measures of ordinance n°2020-321 of March 25, 2020 and its application decree n°2020-418 of April 10, 2020 which was extended until July 31, 2021 by the decree n°2021-255 of March 9, 2021 (the “Decree”). Due to the ongoing lockdown measures and restrictions imposed by the French government, in force at the time of the convening of the Combined General Meeting,...

SP Plus Corporation Adds Touchless Mobility, Parking & Commerce Services at Charles M. Schulz – Sonoma County Airport

Written by Customer Service on May 27, 2021. Posted in Public Companies.

CHICAGO, May 27, 2021 (GLOBE NEWSWIRE) — SP Plus Corporation (SP+), (Nasdaq: SP), a leading provider of technology-driven mobility solutions for aviation, commercial, hospitality and institutional clients throughout North America, announced the addition of touchless reservation and commerce options to its services at Charles M. Schulz – Sonoma County Airport (STS) in Santa Rosa, California. SP+ manages the three parking facilities located near the airport terminal and is rolling out key components to the overall improvement and modernization plan by STS to provide an enhanced, safer and touchless parking experience. Through Sphere™, SP+’s industry-leading suite of technology solutions, a new pay-by-phone option conveniently removes the need to obtain and redeem a parking ticket at long term lots A and B. Each entry and exit lane...

BRT Apartments Corp. Completes Sale of Kendall Manor

Written by Customer Service on May 27, 2021. Posted in Public Companies.

GREAT NECK, N.Y., May 27, 2021 (GLOBE NEWSWIRE) — BRT Apartments Corp. (NYSE:BRT) today announced that it completed its previously announced sale of its wholly-owned multi-family property, Kendall Manor, located in Houston, Texas for a sales price of $24.5 million. BRT generated net proceeds of approximately $9.5 million from the sale and estimates that during the quarter ending June 30, 2021, it will recognize a gain on sale of this property of $7.4 million. Management anticipates redeploying the net proceeds of the sale towards the acquisition of other properties, including the buy-out of its partners’ interests in certain joint venture properties, paying down debt, and for general corporate and working capital purposes. Forward Looking Statements: Certain information contained herein is forward looking within the meaning of...

CloudMD Reports Record Revenue of $8.8 Million in First Quarter 2021

Written by Customer Service on May 27, 2021. Posted in Earnings Releases And Operating Results.

Q1 2021 revenue of $8.8 million; an increase of 187% compared to Q1 2020 and 51% compared to Q4 2020. Q1 2021 gross margin1 of 41% attributable to strong revenue mix. Closed 5 acquisitions in Q1 2021, providing the foundation for scale and growth across North America and Europe. Closed Aspiria and Rxi subsequent to Q1 2021 and anticipated to close VisionPros and Oncidium in June 2021. These acquisitions are expected to add an additional $79 million in annual run rate revenue. Strong 2021 financial expectations with annualized revenue run rate exceeding $120 million and positive Adjusted EBITDA1 in the second half of 2021.VANCOUVER, British Columbia, May 27, 2021 (GLOBE NEWSWIRE) — CloudMD Software & Services Inc. (TSXV: DOC, OTCQB: DOCRF, Frankfurt: 6PH) (the “Company” or “CloudMD”), a healthcare technology company revolutionizing...

HP Inc. Reports Fiscal 2021 Second Quarter Results

Written by Customer Service on May 27, 2021. Posted in Earnings Releases And Operating Results.

PALO ALTO, Calif., May 27, 2021 (GLOBE NEWSWIRE) — HP (NYSE: HPQ)Second quarter GAAP diluted net earnings per share (“EPS”) of $0.98, above the previously provided outlook of $0.82 to $0.88 per share Second quarter non-GAAP diluted net EPS of $0.93, above the previously provided outlook of $0.84 to $0.90 per share Second quarter net revenue of $15.9 billion, up 27.3% from the prior-year period Second quarter net cash provided by operating activities of $1.4 billion, free cash flow of $1.3 billion Second quarter returned $1.8 billion to shareholders in the form of share repurchases and dividendsHP Inc.’s fiscal 2021 second quarter financial performance Q2 FY21 Q2 FY20 Y/YGAAP net revenue ($B) $ 15.9 $ 12.5 27.3%GAAP operating margin 8.6% 6.6% 2.0 ptsGAAP net earnings ($B) $ 1.2 $ 0.8 61%GAAP...

HC2 Holdings Portfolio Company DBM Global Completes Acquisition of Banker Steel Family of Companies and Enters into New Credit Agreement

Written by Customer Service on May 27, 2021. Posted in Mergers And Acquisitions.

NEW YORK, May 27, 2021 (GLOBE NEWSWIRE) — HC2 Holdings, Inc. (“HC2” or “the Company”) (NYSE: HCHC) announced today that its infrastructure business DBM Global (“DBM”) has completed its previously announced acquisition of a 100% interest in Banker Steel Holdco LLC (“Banker Steel”) from Atlas Holdings LLC (“Atlas”). DBM also announced that it has entered into a new credit agreement that provides for a $110 million term loan and a $110 million revolving credit facility (the “Credit Agreement”), which will be used to fully repay DBM’s existing debt obligations, fund a portion of the Banker Steel acquisition and provide additional working capital capacity. The purchase price for the acquisition of the Banker Steel family of companies was $145 million (subject to working capital and other customary post-closing adjustments), which was...

LMP Automotive Holdings, Inc. Provides a Corporate Update and Announces Delay of its First Quarter 2021 Financial Results Conference Call

Written by Customer Service on May 27, 2021. Posted in Earnings Releases And Operating Results.

FORT LAUDERDALE, FL, May 27, 2021 (GLOBE NEWSWIRE) — LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (“LMP” or the “Company”), an e-commerce and facilities-based automotive retailer in the United States, today provided a corporate update and announced a delay of its first quarter 2021 financial results quarterly conference call for the period ended March 31, 2021. Delay of its First Quarter 2021 Financial Results As stated on our Form 12b-25 filed with the Securities and Exchange Commission on May 18, 2021, there was a significant change in our results of operations when compared to the results from the corresponding period in the prior year, primarily as a result of previously announced acquisitions that closed during the quarter ended March 31, 2021. The following is a preliminary representation of these changes for the three months...

Ollie’s Bargain Outlet Holdings, Inc. Reports First Quarter Fiscal 2021 Financial Results

Written by Customer Service on May 27, 2021. Posted in Earnings Releases And Operating Results.

Total Net Sales Increase 29.5% Comparable Store Sales Increase 18.8% Diluted EPS Increases 64.7% to $0.84 Adjusted Diluted EPS Increases 63.3% to $0.80 HARRISBURG, Pa., May 27, 2021 (GLOBE NEWSWIRE) — Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today reported financial results for the first quarter ended May 1, 2021. First Quarter Summary:Total net sales increased 29.5% to $452.5 million. Comparable store sales increased 18.8%. The Company opened 11 new stores, including two relocations, ending the quarter with 397 stores in 25 states, a year-over-year increase in store count of 10.3%. Operating income increased 65.7% to $71.2 million and operating margin increased 340 basis points to 15.7%. Net income increased 65.1% to $55.2 million and net income per diluted share increased 64.7% to $0.84. Adjusted...

Karat Packaging Reports 2021 First Quarter Financial Results

Written by Customer Service on May 27, 2021. Posted in Earnings Releases And Operating Results.

CHINO, Calif., May 27, 2021 (GLOBE NEWSWIRE) — Karat Packaging Inc. (Nasdaq: KRT), a specialty distributor and manufacturer of environmentally friendly, disposable foodservice products and related items, today announced financial results for its 2021 first quarter ended March 31, 2021. First Quarter 2021 HighlightsNet sales of $75.7 million, up 18.1 percent from $64.1 million for the same period last year Gross profit of $21.6 million, up 20.9 percent from $17.9 million for the same period last year Gross margin of 28.6 percent, up 70 basis points from 27.9 percent for the same period last year Acquired Pacific Cup, Inc., adding the company’s sixth distribution center and third manufacturing plantAlan Yu, chief executive officer, said, “Results for the 2021 first quarter reflected strong customer demand, particularly for the...

Biomea Fusion Reports First Quarter 2021 Financial Results and Business Highlights

Written by Customer Service on May 27, 2021. Posted in Earnings Releases And Operating Results.

— Received $167 million in aggregate gross proceeds in April from initial public offering — – Advancing lead oncology program BMF-219, a small molecule irreversible menin inhibitor, toward IND filing in second half of 2021 — — Mick Hitchcock, Ph.D., former senior advisor to Gilead joined the Board of Directors — REDWOOD CITY, Calif., May 27, 2021 (GLOBE NEWSWIRE) — Biomea Fusion, Inc. (“Biomea”) (Nasdaq: BMEA), a preclinical-stage biopharmaceutical company focused on the discovery and development of irreversible small molecules to treat patients with genetically defined cancers, reported financial results for the first quarter 2021. “I could not be more proud of Team Fusion and what we have achieved scientifically and operationally during this past quarter,” said Thomas Butler, Biomea’s CEO and Chairman...

Day: May 27, 2021

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