Day: August 12, 2021

OpGen Reports Second Quarter 2021 Financial Results and Provides Business Update

Written by Customer Service on August 12, 2021. Posted in Public Companies.

Total Revenue for Q2 2021 was approximately $0.8 million Cash as of June 30, 2021 was approximately $31.2 million, up significantly from the $13.4 million at year-end 2020Conference call to be held at 4:30 p.m. Eastern Daylight Savings Time today ROCKVILLE, Md., Aug. 12, 2021 (GLOBE NEWSWIRE) — OpGen, Inc. (Nasdaq: OPGN, “OpGen”), a precision medicine company harnessing the power of molecular diagnostics and bioinformatics to help combat infectious disease, reported today its financial and operating results for the three and six months ended June 30, 2021 and provided a business update. Total OpGen revenue for the second quarter of 2021 was approximately $0.8 million, down 32% from $1.2 million in the second quarter of 2020. Cash as of June 30, 2021 was approximately $31.2 million, up significantly from the $13.4 million at...

CooperCompanies to Participate in the Virtual Wells Fargo Healthcare Conference

Written by Customer Service on August 12, 2021. Posted in Public Companies.

SAN RAMON, Calif., Aug. 12, 2021 (GLOBE NEWSWIRE) — CooperCompanies (NYSE: COO), will participate in the Virtual Wells Fargo Healthcare Conference on Friday, September 10, 2021. Al White, President and CEO, will represent the Company in a virtual session scheduled to begin at 1:20PM ET. A live webcast of the Company’s session will be available on the Investor Relations section of CooperCompanies’ website at http://investor.coopercos.com. A webcast replay will be available approximately 48 hours after the live webcast. About CooperCompaniesCooperCompanies (“Cooper”) is a global medical device company publicly traded on the NYSE (NYSE:COO). Cooper operates through two business units, CooperVision and CooperSurgical. CooperVision brings a refreshing perspective on vision care with a commitment to developing a wide range...

Burlington Stores, Inc. Announces Second Quarter Fiscal Year 2021 Earnings Release Date, Conference Call and Webcast

Written by Customer Service on August 12, 2021. Posted in Public Companies.

BURLINGTON, N.J., Aug. 12, 2021 (GLOBE NEWSWIRE) — Burlington Stores, Inc. (NYSE: BURL), a nationally recognized off-price retailer of high-quality, branded apparel at everyday low prices, will release its second quarter fiscal year 2021 results before the U.S. stock market opens on Thursday, August 26, 2021. The Company will also hold a conference call to discuss results at 8:30 a.m. (Eastern Time) that day. Investors can pre-register for the call here. A live webcast of the conference call will also be available on the investor relations page of the company’s website at www.burlingtoninvestors.com. For those unable to participate in the conference call, a replay will be available after the conclusion of the call on August 26, 2021 beginning at 11:30 a.m. ET through September 2, 2021 at 11:59 p.m. ET. The U.S. toll-free...

Yumanity Therapeutics Reports Second Quarter 2021 Financial Results and Recent Corporate Developments

Written by Customer Service on August 12, 2021. Posted in Public Companies.

YTX-7739 shown to inhibit its novel target in healthy volunteers at levels consistent with improved motor function in an animal model of Parkinson’s disease Topline results for the YTX-7739 Phase 1b trial in Parkinson’s disease patients expected Fall of 2021 Appointed neuroscience drug development veteran, Ajay Verma, M.D., Ph.D., as EVP, Head of Research & Development Appointed Devin W. Smith, J.D., as SVP, General Counsel BOSTON, Aug. 12, 2021 (GLOBE NEWSWIRE) — Yumanity Therapeutics (NASDAQ: YMTX), a clinical-stage biopharmaceutical company focused on the discovery and development of innovative, disease-modifying therapies for neurodegenerative diseases, today announced financial results for the second quarter ended June 30, 2021, and provided an overview of the Company’s recent corporate developments and upcoming milestones. “The...

Kroll Bond Rating Agency Revises Dime Community Bancshares, Inc.’s Ratings Outlook from “Stable” to “Positive”

Written by Customer Service on August 12, 2021. Posted in Public Companies.

HAUPPAUGE, N.Y., Aug. 12, 2021 (GLOBE NEWSWIRE) — Dime Community Bancshares, Inc. (the “Company” or “Dime”) (NASDAQ: DCOM), the parent company of Dime Community Bank (the “Bank”), announced that Kroll Bond Rating Agency (“KBRA”), in a report dated August 12, 2021, revised Dime’s ratings outlook from “Stable” to “Positive”. Kroll’s senior unsecured debt rating for Dime is BBB. According to the KBRA report, the revision in the outlook to “Positive” stems, in part, from the effective integration to date of the Company’s merger-of-equals transaction, which has already demonstrated numerous benefits. KBRA believes the merger-of-equals transaction has helped facilitate enhanced earnings capacity, and allowed for increased scale in attractive operating markets, in which Dime controls the leading deposit market share. KBRA also noted Dime’s...

Ducommun Incorporated Reports Results for the Second Quarter Ended July 3, 2021

Written by Customer Service on August 12, 2021. Posted in Public Companies.

Return to Revenue Growth; Further Gross Margin Expansion SANTA ANA, Calif., Aug. 12, 2021 (GLOBE NEWSWIRE) — Ducommun Incorporated (NYSE:DCO) (“Ducommun” or the “Company”) today reported results for its second quarter ended July 3, 2021. Second Quarter 2021 RecapRevenue was $160.2 million Net income of $8.4 million, or $0.69 per diluted share Adjusted net income of $9.0 million, or $0.74 per diluted share Gross margin increased 80 basis points year-over-year to 23.0% Adjusted EBITDA of $23.4 million, or 14.6% of revenue, an increase of 80 basis points year-over-year“Ducommun’s second quarter results were excellent, as the Company benefited from the continual improvements in our defense markets along with strong operating management and a slowly improving commercial aerospace market,” said Stephen G. Oswald, chairman,...

Tattooed Chef Reports Second Quarter 2021 Financial Results

Written by Customer Service on August 12, 2021. Posted in Earnings Releases And Operating Results.

Branded Sales Increased 62% to $33.1 Million, or 65% of Total Revenue Updates 2021 Outlook PARAMOUNT, Calif., Aug. 12, 2021 (GLOBE NEWSWIRE) — Tattooed Chef, Inc. (Nasdaq: TTCF) (“Tattooed Chef” or the “Company”), a leader in plant-based foods, today announced financial results for the three months ended June 30, 2021. “The growth we have experienced in the first half of 2021 is a testament to the strength of the Tattooed Chef brand and the ability of our team to execute,” said Sam Galletti, President and CEO of Tattooed Chef. “We are firing on all cylinders, winning distribution in leading national retailers like Kroger, Publix, and Albertsons, and our velocities are outperforming the competition. By the end of the third quarter, we expect our branded Tattooed Chef products will be in over 12,000 retail stores, exceeding our previous...

Safeguard Scientifics Announces Second Quarter 2021 Financial Results

Written by Customer Service on August 12, 2021. Posted in Earnings Releases And Operating Results.

Conference call and webcast on August 12, 2021 at 5 p.m. ET RADNOR, Pa., Aug. 12, 2021 (GLOBE NEWSWIRE) — Safeguard Scientifics, Inc. (NYSE:SFE) (“Safeguard” or the “Company”) today announced financial results for the three and six months ended June 30, 2021. HIGHLIGHTSExits & Deployments As part of the sale of Velano Vascular, Safeguard received $3.4 million in cash proceeds resulting in a $1.8 million gain. Safeguard did not provide any additional funding to its companies or make acquisitions of additional ownership interests during the quarter. Subsequent to the quarter end, Flashtalking signed a definitive agreement to be acquired by Mediaocean. The transaction is expected to close in the third quarter of 2021 and Safeguard expects to receive approximately $43 million of cash proceeds upon the closing.Safeguard...

Karat Packaging Reports 2021 Second Quarter Financial Results

Written by Customer Service on August 12, 2021. Posted in Earnings Releases And Operating Results.

Net Sales Advance 11.6 Percent Over Prior Year and 69.4 Percent, Excluding Last Year’s Sales of PPE-Related Products CHINO, Calif., Aug. 12, 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 second quarter ended June 30, 2021. Second Quarter 2021 Recent HighlightsNet sales of $94.5 million, up 11.6 percent from same period last year. Net sales, excluding personal protective equipment (PPE) sales, rose 69 percent over prior year period. Gross profit of $28.1 million, compared with $28.9 million a year ago and $21.6 million in the preceding first quarter. Gross margin of 29.7 percent versus 34.1 percent in the same period last year, and 28.6 percent in...

Xometry, Inc. Reports Second Quarter 2021 Results

Written by Customer Service on August 12, 2021. Posted in Earnings Releases And Operating Results.

Reports 45% Growth in Year-Over-Year Revenue ROCKVILLE, Md., Aug. 12, 2021 (GLOBE NEWSWIRE) — Xometry, Inc. (NASDAQ:XMTR), a leading AI-enabled marketplace for on-demand manufacturing, today reported financial results for the second quarter ended June 30, 2021, including the following highlights:Revenue grew 45% year-over-year from $34.8 million as of June 30, 2020 to $50.6 million as of June 30, 2021. Active Buyers increased 66% from 14,460 as of June 30, 2020 to 23,942 as of June 30, 2021. Percentage of Revenue From Existing Accounts was 95%. Accounts with Last Twelve-Months Spend of at least $50,000 increased 54% from 330 as of June 30, 2020 to 508 as of June 30, 2021. Gross Profit increased 44% year-over-year to $11.9 million as of June 30, 2021, as compared to $8.3 million as of June 30, 2020. Net loss was $12.3 million...

Day: August 12, 2021

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