Day: June 1, 2021

Isos Acquisition Corporation Announces Receipt of Notice from the New York Stock Exchange Regarding Late Filing of Quarterly Report on Form 10-Q

Written by Customer Service on June 1, 2021. Posted in Public Companies.

New York, NY, June 01, 2021 (GLOBE NEWSWIRE) — Isos Acquisition Corporation (NYSE: ISOS.U) (the “Company”) today announced that it has received a notice (“Notice”) from the NYSE Regulation staff of the New York Stock Exchange (the “NYSE”) as a result of its failure to file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 (the “Form 10-Q”) in a timely fashion. The Notice advised the Company that it was not in compliance with the NYSE’s continued listing requirements in Section 802.01E of the NYSE Listed Company Manual. As reported by the Company in its Form 12b-25 filed with the Securities and Exchange Commission (the “SEC”) on May 17, 2021, the Company was unable to file the Form 10-Q within the prescribed time period without unreasonable effort or expense. The extension period provided under Rule...

StoneCo Reports First Quarter of 2021 Financial Results

Written by Customer Service on June 1, 2021. Posted in Earnings Releases And Operating Results.

GEORGE TOWN, Grand Cayman, June 01, 2021 (GLOBE NEWSWIRE) — StoneCo Ltd. (Nasdaq: STNE) (“Stone” or the “Company”), a leading provider of financial technology solutions that empower merchants to conduct commerce seamlessly across multiple channels, today reports its financial results for its first quarter ended March 31, 2021. “Dear Shareholders, As the pandemic unfolded in Brazil in the first quarter and up to May, we continued to work hard to stay close to our clients and bring to them the best service and solutions. We monitored their level of activity closely, as well as how vaccinations and economic activity evolved in Brazil and in other countries. Based on (i) our learnings with lockdowns last year, (ii) recent client transactional data and (iii) learnings from the dynamics of countries where vaccines are widespread, we...

JOFF Fintech Acquisition Corp. Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q

Written by Customer Service on June 1, 2021. Posted in Public Companies.

New York, NY, June 01, 2021 (GLOBE NEWSWIRE) — JOFF Fintech Acquisition Corp. (NASDAQ: JOFFU) (the “Company”) today announced that it has received, on May 26, 2021, a notice (“Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) as a result of its failure to file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 (the “Form 10-Q”) in a timely fashion. The Notice advised the Company that it was not in compliance with Nasdaq’s continued listing requirements under the timely filing criteria established in Nasdaq Listing Rule 5250(c)(1). As reported by the Company in its Form 12b-25 filed with the Securities and Exchange Commission (the “SEC”) on May 17, 2021, the Company was unable to file its Form 10-Q within the prescribed time period without unreasonable...

Hersha Hospitality Trust to Report Second Quarter 2021 Earnings on July 27, 2021

Written by Customer Service on June 1, 2021. Posted in Public Companies.

PHILADELPHIA, June 01, 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 second quarter 2021 after the market close on Tuesday, July 27, 2021. The Company will host a conference call to discuss these results at 9:00 AM Eastern Time on Wednesday, July 28, 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 investor relations website. The conference call can be accessed by dialing 1-888-317-6003 or 1-412-317-6061 for international...

RPT Realty Announces Second Quarter 2021 Earnings Release Date and Conference Call Information

Written by Customer Service on June 1, 2021. Posted in Public Companies.

NEW YORK, June 01, 2021 (GLOBE NEWSWIRE) — RPT Realty (NYSE:RPT) (the “Company”) announced today that it will release its second quarter 2021 earnings press release after the market closes on Wednesday, August 4, 2021. The Company will host a conference call on Thursday, August 5, 2021 at 9:00 AM (ET) to discuss its financial and operating results. A live webcast will be available online on the Company’s website at investors.rptrealty.com. The conference call can also be accessed by dialing (877) 705-6003 or (201) 493-6725 for international callers. A telephonic replay of the call will be available through Thursday, August 12, 2021. The replay can be accessed by dialing (844) 512-2921 or (412) 317-6671 for international callers and entering passcode 13720095. A webcast replay will also be archived on the Company’s web site for...

Hydrofarm Completes Acquisition of Premium Nutrient Producer House and Garden

Written by Customer Service on June 1, 2021. Posted in Mergers And Acquisitions.

FAIRLESS HILLS, Pa., June 01, 2021 (GLOBE NEWSWIRE) — Hydrofarm Holdings Group, Inc. (“Hydrofarm”) (Nasdaq: HYFM), a leading distributor and manufacturer of hydroponics equipment and supplies, today announced that it has completed its previously announced acquisition of House & Garden, Inc., Humboldt Wholesale, Inc., Allied Imports & Logistics, Inc., and South Coast Horticultural Supply, Inc. (collectively “House & Garden”), a Humboldt County, Calif.-based producer of quality nutrients under the House & Garden and Mad Farmer brands. The announcement follows Hydrofarm’s recent acquisition of nutrient manufacturer HEAVY 16 and continues Hydrofarm’s strategic efforts to acquire manufacturers of branded products in key CEA product categories. About Hydrofarm Holdings Group, Inc.Hydrofarm is a leading distributor...

Ambarella, Inc. Announces First Quarter Fiscal Year 2022 Financial Results

Written by Customer Service on June 1, 2021. Posted in Earnings Releases And Operating Results.

SANTA CLARA, Calif., June 01, 2021 (GLOBE NEWSWIRE) — Ambarella, Inc. (NASDAQ: AMBA), an AI vision silicon company, today announced financial results for its first quarter of fiscal year 2022 ended April 30, 2021.Revenue for the first quarter of fiscal 2022 was $70.1 million, up 28% from $54.6 million in the same period in fiscal 2021. Gross margin under U.S. generally accepted accounting principles (GAAP) for the first quarter of fiscal 2022 was 62.4%, compared with 58.6% for the same period in fiscal 2021. GAAP net loss for the first quarter of fiscal 2022 was $10.8 million, or loss per diluted ordinary share of $0.30, compared with GAAP net loss of $15.5 million, or loss per diluted ordinary share of $0.45, for the same period in fiscal 2021.Financial results on a non-GAAP basis for the first quarter of fiscal 2022 are as...

Zoom Reports Financial Results for the First Quarter of Fiscal Year 2022

Written by Customer Service on June 1, 2021. Posted in Earnings Releases And Operating Results.

First quarter total revenue of $956.2 million, up 191% year over year Number of customers contributing more than $100,000 in TTM revenue up 160% year over year Approximately 497,000 customers with more than 10 employees, up 87% year over yearSAN JOSE, Calif., June 01, 2021 (GLOBE NEWSWIRE) — Zoom Video Communications, Inc. (NASDAQ: ZM) today announced financial results for the first fiscal quarter ended April 30, 2021. “We kicked off the fiscal year with a very strong first quarter, posting 191% total year-over-year revenue growth combined with strong profitability and cash flow. Our steadfast commitment to empowering customers to work and learn from anywhere with our expansive, innovative, and frictionless video communications platform continued to drive our results. With this solid start, we are pleased to raise our total...

Vishay Precision Group Acquires Diversified Technical Systems, Inc.

Written by Customer Service on June 1, 2021. Posted in Mergers And Acquisitions.

Adds Established Provider of Miniature Data Recorders for Rugged Applications to the VPG Portfolio MALVERN, Pa., June 01, 2021 (GLOBE NEWSWIRE) — Vishay Precision Group, Inc. (NYSE: VPG), a leading producer of precision sensors and sensor-based systems, announced it acquired California-based Diversified Technical Systems, Inc. (DTS), a leading manufacturer of data acquisition systems and sensors for product and safety testing. Commenting on the acquisition, Marc Zandman, Chairman of the Board of VPG said, “We are pleased to have DTS join the VPG family. DTS fits our acquisition criteria well: it is an established, niche-market leader with a strong brand and superior technology, as well as a talented management team with deep business and technical knowledge. We believe the addition of DTS will add significant value to VPG and our...

Orion Q4’21 Revenue Rose 37% to $35.5M on Strong LED Lighting Retrofit Activity; FY 2022 Revenue Expected to Rise at least 28% vs. FY 2021 Revenue of $116.8M; Investor Call Today at 4:30 pm ET

Written by Customer Service on June 1, 2021. Posted in Earnings Releases And Operating Results.

MANITOWOC, Wis., June 01, 2021 (GLOBE NEWSWIRE) — Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, controls and IoT systems, including turnkey project implementation, program management and system maintenance, today reported results for its fiscal 2021 fourth quarter (Q4’21) and year ended March 31, 2021 (FY 2021). Orion will hold an investor call today at 4:30 p.m. ET – details below.Orion Q4’21 and FY 2021 Highlights$ in millions except per share figures Q4’21 Q4’20 Change FY 2021 FY 2020 ChangeRevenue $35.5 $25.9 +$9.6 $116.8 $150.8 -$34.0Gross Profit $9.2 $5.8 +$3.4 $30.1 $37.1 -$7.0Gross Profit % 26.0% 22.3% +370 bps 25.8% 24.6% +120 bpsNet Income (Loss)* $22.1 ($0.5) +$22.7 $26.1 $12.5 +$13.7EPS* $0.71 ($0.02) +$0.73 $0.83 $0.40 +$0.43Net...

Day: June 1, 2021

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