FitLife Brands Announces Second Quarter 2021 Results

Written by Customer Service on August 16, 2021. Posted in Earnings Releases And Operating Results.

Omaha, Aug. 16, 2021 (GLOBE NEWSWIRE) — FitLife Brands Announces Second Quarter 2021 Results OMAHA, NE – August 16, 2021 — FitLife Brands, Inc. (“FitLife” or the “Company”) (OTCQX: FTLF), an international provider of innovative and proprietary nutritional supplements for health-conscious consumers marketed under the brand names NDS Nutrition, PMD, SirenLabs, Nutrology, CoreActive, Metis Nutrition, iSatori, Energize, and BioGenetic Laboratories, today announced results for the three and six months ended June 30, 2021. Highlights for the second quarter ended June 30, 2021 include: Total revenue increased 197% to $8.1 million. Direct-to-consumer online sales increased 52% and accounted for 21% of total revenue. Gross profit increased 170% to $3.6 million. The Company generated net income of $1.5 million compared to a net loss...

Riley Gold Announces Increase in Private Placement

Written by Customer Service on August 16, 2021. Posted in Public Companies.

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Aug. 16, 2021 (GLOBE NEWSWIRE) — Riley Gold Corp. (TSX.V: RLYG) (OTCQB: RLYGF) (“Riley Gold” or the “Company”) is pleased to announce that due to investor demand it has increased the size of its private placement previously announced on August 3, 2021. Riley Gold now proposes to issue up to 6,500,000 units at C$0.40 per Unit (“Units”) for total gross proceeds of up to C$2,600,000 (the “Private Placement”). Each Unit will be comprised of one common share of the Company (a “Share”) and one-half of one share purchase warrant (a “Warrant”). Each whole Warrant will entitle the holder thereto to purchase for a period of twenty-four (24) months one additional Share (a “Warrant Share”)...

EverQuote Announces Completion of Acquisition of PolicyFuel

Written by Customer Service on August 16, 2021. Posted in Mergers And Acquisitions.

CAMBRIDGE, Mass., Aug. 16, 2021 (GLOBE NEWSWIRE) — EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, today announced that it has completed its previously announced acquisition of PolicyFuel, LLC and its affiliated entities, (“PolicyFuel” or the “Company”). PolicyFuel operates in property and casualty (“P&C”) insurance verticals, providing policy-sales-as-a-service (“PSaaS”) offerings to enable carriers to complement their own call center operations with access to dedicated advisor teams that focus exclusively on selling that provider’s offerings to its target customers. “This acquisition enables EverQuote to expand the range of products we offer to support the growth of our P&C carrier partners and increase the range of personalized shopping experiences we provide to our consumers,” said Jayme Mendal,...

Medexus Pharmaceuticals Reports Financial and Operational Results for First Quarter Fiscal 2022

Written by Customer Service on August 16, 2021. Posted in Earnings Releases And Operating Results.

Continued strength in unit demand across key product lines Rupall unit demand growth of 44% for the 12 months ending June 30, 2021 Completion of enrollment for IXINITY® Phase 4 clinical pediatric trials Management to host conference call at 8:00 AM Eastern Time on August 17th, 2021 TORONTO and CHICAGO, Aug. 16, 2021 (GLOBE NEWSWIRE) — Medexus Pharmaceuticals Inc. (“Medexus” or the “Company”) (TSX: MDP) (OTCQX: MEDXF) today announced its financial results and provided a business update for the three-month period ended June 30, 2021. All dollar amounts below are in United States dollars unless specified otherwise. First Quarter Fiscal 2022 Financial Highlights*: Revenue of $17.3 million compared to $20 million for Q1 of fiscal 2021. The decrease in net sales was due to a temporary decline in ex-factory sales of IXINITY®, as pharmacy...

Firm Capital Apartment REIT Reports Q2/2021 Results, USD $9.45 (CAD $11.71) NAV Per Unit and Strategic Direction Update

Written by Customer Service on August 16, 2021. Posted in Earnings Releases And Operating Results.

All figures in $USD unless otherwise noted. TORONTO, Aug. 16, 2021 (GLOBE NEWSWIRE) — Firm Capital Apartment Real Estate Investment Trust (“the “Trust”), (TSXV: FCA.U), (TSXV: FCA.UN) is pleased to report its financial results for the three months ended June 30, 2021: EARNINGS For the three months ended June 30, 2021, net income was approximately $0.8 million, in comparison to the $2.9 million net loss reported for the three months ended March 31, 2021, and the $1.4 million net income reported for the three months ended June 30, 2020. For the six months ended June 30, 2021, net loss was $2.2 million, in comparison to the $2.5 million net income reported for the six months ended June 30, 2020. Excluding non-cash fair value adjustments, net income was $0.6 million for the three months ended June 30, 2021, a 27% increase over the...

Assure Holdings Reports Second Quarter 2021 Financial Results

Written by Customer Service on August 16, 2021. Posted in Earnings Releases And Operating Results.

Second Quarter 2021 Managed Case Volume Increased 114% to 4,257 DENVER, Aug. 16, 2021 (GLOBE NEWSWIRE) — Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), a provider of intraoperative neuromonitoring services (“IONM”), reported financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Financial Highlights vs. Second Quarter 2020 (All currency reported in U.S. Dollars) Total revenue was $6.2 million versus ($10.7) million. Managed cases increased 114% to 4,257 versus 1,991. General and administrative expenses were $4.0 million compared to $1.7 million, reflecting IT investments in support of automation and analytics, adding complementary talent to the management team, and for professional fees related to financing transactions, Nasdaq application and acquisitions. Net loss of $1.3...

Celularity Reports Second Quarter 2021 Financial Results

Written by Customer Service on August 16, 2021. Posted in Earnings Releases And Operating Results.

Secured funding of approximately $138 million through merger and private placement investment in public equity (PIPE) financing Expanded Phase 1 clinical trial to include difficult-to-treat patient population Established multiple strategic and commercial partnerships FLORHAM PARK, N.J., Aug. 16, 2021 (GLOBE NEWSWIRE) — Celularity Inc. (“Celularity”) (Nasdaq:CELU), a clinical-stage biotechnology company developing off-the-shelf placental-derived allogeneic therapies, today reported financial results for the quarter ended June 30, 2021, and provided a summary of recent corporate highlights. “This has been an exciting time for Celularity, with the achievement of multiple transformational milestones and significant progress in our unique approach to cellular medicine,” said Robert J. Hariri, M.D., Ph.D., founder, Chairperson and...

Bitfarms Reports Q2 2021 Financial Results and Establishes At-The-Market Equity Program

Written by Customer Service on August 16, 2021. Posted in Earnings Releases And Operating Results.

TORONTO, Ontario and BROSSARD, Québec, Aug. 16, 2021 (GLOBE NEWSWIRE) — Bitfarms Ltd. (“Bitfarms”, or the “Company”) (Nasdaq:BITF/TSXV:BITF) today announces its financial results for the second quarter ended June 30, 2021 (“Q2 2021”). All financial references are denominated in US dollars, unless otherwise noted. Q2 2021 Highlights Revenues of $36.7 million; gross profit of $23.4 million (64% gross margin), operating loss of $2.1 million (-6% operating margin), and net loss of $3.7 million; Gross mining profit1 of $28.1 million (79% gross mining margin); Adjusted EBITDA of $23.8 million (65% Adjusted EBITDA margin); Mined 759 Bitcoin with an average cost of approximately $9,000 per Bitcoin2 and held 1,293 Bitcoin valued at $35,057 per bitcoin, or approximately $45.3 million, as of June 30, 2021; Received and installed 3,461 miners...

Comstock Holding Companies Reports Second Quarter 2021 Results

Written by Customer Service on August 16, 2021. Posted in Earnings Releases And Operating Results.

Asset Management Platform Driving Growth in Revenue, Earnings, and Balance Sheet WASHINGTON, D.C. and RESTON, Va., Aug. 16, 2021 (GLOBE NEWSWIRE) — On August 16, 2021, Comstock Holding Companies, Inc., (NASDAQ: CHCI) (the “Company”), announced financial results for the three and six months ended June 30, 2021: Highlights of Second Quarter 2021: Net income increased by 850% to $11.2 million during the second quarter 2021, as compared to $1.2 million during the same period of the prior year Total revenue increased by 40% to $6.3 million during the second quarter 2021, as compared to $4.5 million during the same period of the prior year Cash and cash equivalents increased to $10.2 million as of June 30, 2021, as compared to $7.0 million as of December 31, 2020 The significant increase in net income is attributable in part to deferred...

Lowell Farms Inc. Announces Record Revenues and Record Cultivation Output for the Second Quarter

Written by Customer Service on August 16, 2021. Posted in Earnings Releases And Operating Results.

Lowell Reports 37% sequential growth in revenue driven by large cultivation yields advances and strong growth in demand for the Lowell branded products SALINAS, Calif., Aug. 16, 2021 (GLOBE NEWSWIRE) — Lowell Farms Inc. (the “Company”) (CSE: LOWL; OTCQX: LOWLF), a California-born innovator in cannabis cultivation and maker of the legendary brand Lowell Smokes, announced revenue and operating results for the second quarter (ended June 30, 2021). All figures stated are in US Dollars and are on a US GAAP basis. Second Quarter Financial Highlights: Revenue generated for the three-month period ended June 30, 2021 was $15.2 million; an increase of 53% from Q2 2020 and an increase of 37% over the preceding quarter. Gross margin was 38% compared to negative margin of 13% in both the second quarter of last year and Q1 2021. Operating loss...

Day: August 16, 2021

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