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Month: June 2021

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

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...

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

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...

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Hydrofarm Completes Acquisition of Premium Nutrient Producer House and Garden

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...

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

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

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...

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Vishay Precision Group Acquires Diversified Technical Systems, Inc.

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...

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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

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...

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VICKERS VANTAGE CORP. I RECEIVES NASDAQ NOTIFICATION OF NON-COMPLIANCE WITH LISTING RULES

SINGAPORE, June 01, 2021 (GLOBE NEWSWIRE) —  VICKERS VANTAGE CORP. I (NASDAQ: VCKA) (“Vickers” or the “Company”), a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities, announced that on May 28, 2021, it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market (“NASDAQ”) advising the Company that the Company does not comply with NASDAQ’s Listing Rule 5250(c)(1) for continued listing because NASDAQ has not received the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2021 (the “Form 10-Q”). NASDAQ has informed the Company that it has until July 26, 2021 to submit a plan to regain compliance with respect to this delinquent...

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Baytex to Present at RBC Capital Markets 2021 Global Energy, Power & Infrastructure Conference

CALGARY, Alberta, June 01, 2021 (GLOBE NEWSWIRE) — Baytex Energy Corp. (TSX: BTE) is pleased to announce that Edward LaFehr, President and CEO, will be presenting at the RBC Capital Markets 2021 Global Energy, Power & Infrastructure Virtual Conference on Tuesday June 8, 2021 at 1:20 pm EDT. Interested parties can listen to the webcast via the following URL: https://event.on24.com/wcc/r/3211723/A1F4CF3E3DFAB77BA620B30B6F777A71 A replay will be available on the Baytex website, www.baytexenergy.com, for six months following the presentation. Baytex Energy Corp. is an oil and gas corporation based in Calgary, Alberta. The company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Approximately 81% of Baytex’s...

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Watsco to Present at the William Blair 41st Annual Growth Stock Conference on June 2, 2021 at 12:20 p.m. EDT

MIAMI, June 01, 2021 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE: WSO) announced today that Barry Logan, Executive Vice President, is scheduled to present at the virtual William Blair 41st Annual Growth Stock Conference on Wednesday, June 2, 2021 at 12:20 p.m. (EDT). Internet users can listen to a live webcast of the presentation at the Investor Relations section of Watsco’s website at http://www.watsco.com. About Watsco, Inc. Watsco is the largest distribution network for heating, air conditioning and refrigeration (HVAC/R) products with locations in the United States, Canada, Mexico and Puerto Rico, and on an export basis to Latin America and the Caribbean. Watsco estimates that over 300,000 contractors and technicians visit or call one of its 651 locations each year to get information, obtain technical support and buy products. The...

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