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Day: August 10, 2021

Giga-tronics to Host First Quarter FY 2022 Conference Call on August 11, 2021

DUBLIN, Calif., Aug. 10, 2021 (GLOBE NEWSWIRE) — Giga-tronics Incorporated (OTCQB:GIGA) will host a conference call on Wednesday, August 11, 2021 at 4:30 p.m. EDT to discuss results for the first quarter of fiscal year 2022 ended June 26, 2021 and to provide an update on Company operations. To participate in the call, dial: (888) 517-2470 or (630) 827-6818 and enter PIN Code 8885221#. It is recommended that you call in five to ten minutes prior to the start time. A replay of the call will be available later on the Giga-tronics website under “Investor Relations”. This conference call will reflect management views as of August 11, 2021 only. Giga-tronics produces electronic warfare test solutions used in the defense industry and RADAR filters used in fighter aircraft. Headquartered in Dublin, California, Giga-tronics is a publicly...

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Firm Capital Mortgage Investment Corporation Announces Q2/2021 Results

TORONTO, Aug. 10, 2021 (GLOBE NEWSWIRE) — Firm Capital Mortgage Investment Corporation (the “Corporation”) (TSX FC, FC.DB.E, FC.DB.F, FC.DB.G, FC.DB,H, FC.DB.I and FC.DB.J) released its financial statements for the three and six months ended June 30, 2021. NET INCOMEFor the three months ended June 30, 2021, net income increased by 7.4% to $7,378,455 as compared to $6,867,497 reported for the same period in 2020. Net income for the six months ended June 30, 2021, increased by 12.1% to $14,685,291 as compared to $13,103,939 for the six months ended June 30, 2020. The increase is mainly a result of higher interest income due to a larger average investment portfolio size (on average, $17.4 million higher in the second quarter of 2021 relative to the second quarter of 2020) and a higher weighted average portfolio interest rate, over...

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Giga-tronics Incorporated Reports Fiscal 2022 First Quarter Results

DUBLIN, Calif., Aug. 10, 2021 (GLOBE NEWSWIRE) — Giga-tronics Incorporated (OTCQB: GIGA) (the “Company”) today reported results for the first quarter of fiscal 2022 which ended June 26, 2021: First Quarter Fiscal Year 2022 versus First Quarter Fiscal Year 2021 HighlightsRevenue declined 42% to $2.1 million for the first fiscal quarter of fiscal 2022 from $3.6 million in the first quarter of fiscal 2021.Microsource filter revenue declined by 18% to $2.0 million versus $2.4 million in the first quarter of fiscal 2021 which was primarily due to a delay of new orders. RADAR and Electronic Warfare (“RADAR/EW”) test revenue was $51,000 versus $1.1 million in the first quarter of fiscal 2021 due to lower than anticipated customer orders in the first quarter of fiscal 2022.Gross profit decreased to $0.8 million in the first quarter...

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Mesa Air Group Reports July 2021 Operating Performance

PHOENIX, Aug. 10, 2021 (GLOBE NEWSWIRE) — Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for July 2021. Mesa Airlines reported 32,843 block hours in July 2021, a 92.1 percent increase from July 2020 as a result of increased summer flying and the relaxation of certain COVID restrictions. The Company also reported a controllable completion factor of 98.72 percent and 99.90 percent for its American and United operations, respectively. Operating statistics for July 2021 vs. July 2020 and fiscal year 2021 YTD vs. fiscal year 2020 YTD are included in the table below.  Jul-21   Jul-20   % Change     YTD FY2021   YTD FY2020   % Change  Block Hours              American 12,830   6,228   106.0 %   111,379   117,427   -5.2 %United 19,798   10,867   82.2 %   147,927   155,156   -4.7 %DHL 215   N/A   N/A     1,888   N/A   N/A  Total 32,843   17,095   92.1 %   261,194   272,583   -4.2 %                 Jul-21   Jul-20   %...

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WSP Reports Robust Q2 2021 Results and Increases Financial Guidance

MONTREAL, Aug. 10, 2021 (GLOBE NEWSWIRE) — WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”) today announced financial and operating results for the second quarter ended on June 26, 2021. WSP reports robust results for the second quarter of 2021 driven by strong performance from recent acquisitions and better than anticipated organic growth, resulting in improved adjusted EBITDA margins. Considering the results to date and current outlook, financial guidance for fiscal 2021 is revised upwards. SECOND QUARTER 2021 FINANCIAL HIGHLIGHTSRevenues and net revenues* for the quarter reached $2.6 billion and $2.0 billion, up 19.3% and up 16.1%, respectively, compared to Q2 2020. The increase was driven by acquisition growth of 18.7%, across all segments, as well as overall organic growth of 3.6%, higher than Management’s expectations...

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ECN Capital Reports US$0.12 in Adjusted Net Income per Common Share in Q2-2021

Service Finance Transaction Announced; Solid Q2 Results Across Businesses TORONTO, Aug. 10, 2021 (GLOBE NEWSWIRE) — ECN Capital Corp. (TSX: ECN) (“ECN Capital” or the “Company”) today reported financial results for the three-month period ended June 30, 2021. For the three-month period ended June 30, 2021, ECN Capital reported Adjusted net income applicable to common shareholders from continuing operations of $29.5 million or $0.12 per share (basic) versus $19.7 million or $0.08 per share (basic) for the previous three-month period and $17.0 million or $0.07 per share (basic) for the same period last year. ”ECN reported an excellent second quarter at $0.12 per share, which is an increase of ~70% year to year and is in-line with our strong estimates from investor day”, said Steven Hudson, CEO of ECN Capital Corp. “Each of the businesses...

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Stem Holdings d/b/a Driven By Stem Announces Date of Fiscal 2021 Third Quarter Financial Results Conference Call

BOCA RATON, Fla., Aug. 10, 2021 (GLOBE NEWSWIRE) — Stem Holdings, Inc. d/b/a Driven By Stem, (OTCQX: STMH) (CSE: STEM) (the “Company” or “Stem“), the first multi-state, vertically integrated Farm-to-Home™ (F2H) cultivation and technology omnichannel cannabis company featuring a proprietary Delivery-as-a-Service (DaaS) marketplace platform, today announced that it will report its financial results for the fiscal third quarter ended June 30, 2021 after the market closes on Monday, August 16, 2021. The company will host a conference call to discuss the financial results on Tuesday, August 17, 2021 at 8:00 a.m. EDT. Conference Call InformationDate: Tuesday, August 17, 2021Time: 8:00 a.m. EDTDial-in: 1-877-425-9470 (U.S. Toll Free) or 1-201-389-0878 (International)Conference ID: 13722361Webcast: A...

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10X Capital Venture Acquisition Corp. II Announces Pricing of $200 Million Initial Public Offering

New York, NY, Aug. 10, 2021 (GLOBE NEWSWIRE) — 10X Capital Venture Acquisition Corp. II (the “Company”) today announced the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit. The units will be listed on the Nasdaq Capital Market (“Nasdaq”) and trade under the ticker symbol “VCXAU” beginning on August 11, 2021. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share. Only whole warrants will be exercisable. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “VCXA” and “VCXAW,” respectively. 10X Capital Venture Acquisition Corp. II is a blank-check...

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Riot Blockchain Announces July Production and Operations Updates

Riot produces 444 Bitcoins in July 2021Riot’s Whinstone facility in expansionCastle Rock, CO, Aug. 10, 2021 (GLOBE NEWSWIRE) — Riot Blockchain, Inc. (NASDAQ: RIOT) (“Riot”, “Riot Blockchain” or the “Company”), one of the leading Nasdaq-listed Bitcoin (“BTC”) mining companies in the United States, announces its July production and operations updates, including its unaudited Bitcoin production for July 2021 and its miner shipping/deployment status. Production and Operations UpdatesIn July 2021, Riot produced 444 BTC, an increase of approximately 771% over its July 2020 production of 51 BTC. Year to date through July 2021, the Company produced a total of 1,610 BTC, an increase of approximately 188% over its BTC production during the same 2020 period of 559 BTC. As of July 31, 2021, Riot held...

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Baytex to Present at Enercom’s the Oil and Gas Conference

CALGARY, Alberta, Aug. 10, 2021 (GLOBE NEWSWIRE) — Baytex Energy Corp. (TSX: BTE) is pleased to announce that Edward LaFehr, President and CEO, will be presenting at EnerCom’s The Oil and Gas Conference on Monday August 16th, 2021 at 9:15 am MDT. Interested parties can listen to the webcast by registering at the following URL: https://www.theoilandgasconference.com/ 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 production is weighted toward crude oil and natural gas liquids....

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