Month: May 2021

Fiscal Fourth Quarter 2021 Highlights (comparison made to prior fiscal year fourth quarter)35.4% increase in revenue to $133.4 million, compared to $98.5 million $9.6 million GAAP net income, adjusted EBITDA of $30.9 million, adjusted EBITDA margin of 23.1% EPS of $0.61 compared to $0.88 Adjusted EPS of $0.88, compared to $0.83, with the adjustments primarily driven by transaction costs and the TRUaire purchase accounting effect Fiscal Full Year 2021 Highlights (comparison made to prior fiscal year)8.6% increase in revenue to $419.2 million, compared to $385.9 million $40.3 million GAAP net income, adjusted EBITDA of $91.6 million, adjusted EBITDA margin of 21.8%, and EPS of $2.66 compared to $2.95 Record adjusted EPS of $3.37, compared to $3.20 1.9x leverage ratio as of March 31, 2021, in accordance with our credit facility Record...

SAN DIEGO, May 20, 2021 (GLOBE NEWSWIRE) — TRACON Pharmaceuticals (NASDAQ: TCON), a clinical stage biopharmaceutical company focused on the development and commercialization of novel targeted cancer therapeutics and utilizing a cost efficient, CRO-independent product development platform to partner with ex-U.S. companies to develop and commercialize innovative products in the U.S., today announced the presentation of two abstracts at the upcoming American Society of Clinical Oncology (ASCO) 2021 annual meeting, being held virtually June 4-8, 2021.Poster Presentation:Abstract Title:   ENVASARC: A Pivotal Trial of Envafolimab, and Envafolimab in Combination with Ipilimumab, in Patients with Advanced or Metastatic Undifferentiated Pleomorphic Sarcoma or Myxofibrosarcoma who have Progressed on Prior ChemotherapyAbstract Number:   TPS11581Poster...

NORTON, Mass., May 20, 2021 (GLOBE NEWSWIRE) — CPS Technologies Corporation (NASDAQ:CPSH) today announced the receipt of an additional purchase order for HybridTech Armor® Panels to be installed as part of an integrated ballistic protection system on U.S. Navy Nimitz-class aircraft carriers from Kinetic Protection, the Navy’s prime contractor. The HybridTech Armor® panels are an essential component that protects sailors manning crew-served weapons stations aboard the Naval fleet. The value of this second purchase order for four additional ship sets is $5.8M. This proprietary metal-encapsulated ceramic armor system developed with Kinetic Protection in collaboration with the U.S. Navy provides the optimal combination of ballistic protection, light weight, and environmental durability in extreme maritime environments. The panels do...

Highlights:The Surebet Zone is exposed at surface for 1000 meters of strike with 500 meters of vertical relief and 1000 meters of inferred down dip extension that remains open in all directions.The Surebet Zone has an average true width of 9.84 meters and grade of 10.68 g/t AuEq (7.59 g/t Au), channel highlights include:13.05 g/t AuEq over 15.1 meters true width 14.11 g/t AuEq over 10.0 meters true width~ 5000 meter inaugural drill program from 14 separate drill pads planned to target the extensive high-grade gold-silver structure discovery exposed at surface along strike and to depth.Surebet Zone 3D Model & Proposed Drill Locations Video (Click Here).TORONTO, May 20, 2021 (GLOBE NEWSWIRE) — Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF) (the “Company” or “Goliath”) is pleased to report it...

Net houseNet houseNOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, May 20, 2021 (GLOBE NEWSWIRE) — Water Ways Technologies Inc. (TSXV: WWT) (“Water Ways” or the “Company“), is pleased to announce that its Chinese subsidiary (of which the Company hold a 73% interest indirectly) has received orders for two projects with a value of approximately CAD$180K to be delivered in the first half of 2021. The projects are:Planning, supply and installation of an advanced net house, trellising and smart irrigation system of a Passion Fruit Orchard; and A pilot project for an advanced net house combined with a drip irrigation system for a Cherry Orchard.Ohad Haber, President, CEO and Chairman of the Board of Water Ways, commented: “Our investment in...

OR YEHUDA, Israel, May 20, 2021 (GLOBE NEWSWIRE) — Formula Systems (1985) Ltd. (NASDAQ: FORTY), a global information technology holding company engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, today announced its results for the first quarter ended March 31, 2021. Financial Highlights for the First Quarter Ended March 31, 2021Consolidated revenues for the first quarter ended March 31, 2021 increased by 22.8% to a record breaking $572.6 million compared to $466.3 million in the same period last year.Consolidated operating income for the first quarter ended March 31, 2021 increased by 22.3% to a record breaking $47.5 million, with growth recorded across Formula’s entire investment portfolio, compared...

International credit rating agency Moody’s, has today assigned a Baa3 stable outlook, credit rating to Lundin Energy AB (Lundin Energy). This becomes the second public investment grade credit rating awarded to Lundin Energy, to sit alongside the BBB-, stable outlook provided by S&P Global Rating in 2020. For further information and detail from Moody’s on the credit rating, please follow this link: https://www.moodys.com/research/Moodys-assigns-Baa3-to-Lundin-Energy-stable-outlook–PR_446883For further information, please contact:Edward WestroppVP Investor RelationsTel: +41 22 595 10 14edward.westropp@lundin-energy.com Robert ErikssonHead of Media CommunicationsTel: +46 701 11 26 15robert.eriksson@lundin-energy.comLundin Energy is an experienced Nordic oil and gas company that explores for, develops and produces resources...

Collaborative initiative launched to modernize IT infrastructures and lessen the digital divide ATLANTA, May 20, 2021 (GLOBE NEWSWIRE) — American Virtual Cloud Technologies, Inc. (NASDAQ: AVCT) (AVCtechnologies), a leading cloud communications and IT service provider, announced today that in the first of several years of a joint initiative it will gift cybersecurity services and technology support as part of a collaborative effort to enable historically black colleges & universities (HBCU) to modernize their IT infrastructures. As part of the project coordinated by the Student Freedom Initiative (SFI), a nonprofit dedicated to enabling the social and economic mobility of students at HBCUs, AVCtechnologies will implement multiple Cisco security products, and provide consulting, logistics, engineering implementations, and long-term...

Please find enclosed the presentation of Golden Ocean Group Limited’s first quarter 2021 results for today’s webcast / conferance call at 15:00 CET. Attend by Webcast: Use to the follow link prior to the webcast: https://edge.media-server.com/mmc/p/4dtch4ov Attend by Conference Call: Applicable dial-in telephone numbers are as follows:International Dial In/UK Local #: +44 (0) 2071 928000United Kingdom (toll free): +44 (0) 8003 767922Norway Toll Free #: 800 518 74USA #:   +1 631-5107-495  Confirmation Code: 9661474   The presentation material which will be used in the teleconference/webcast can be downloaded on www.goldenocean.bm and replay details will also be available at this website. This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act...