Day: August 16, 2021

Revenue Increases by 31% with Strong Revenue Expected Next Quarter Strong Cash Position Enables Additional Investment in Sales & Marketing WOBURN, Mass., Aug. 16, 2021 (GLOBE NEWSWIRE) — Bridgeline Digital, Inc. (NASDAQ: BLIN), a provider of cloud-based Marketing Technology software, today announced financial results for its fiscal third quarter ended June 30, 2021. “Bridgeline posted 31% topline growth this quarter and expects license and subscription revenue to grow by double digits next quarter,” said Ari Kahn, Bridgeline’s President, and Chief Executive Officer. Mr. Kahn continued, “We won more license sales in our third quarter than ever before in the company’s history, plus Bridgeline has approximately $10M in cash, which will accelerate sales and marketing investments for even stronger quarters to come.” Third quarter...

Completed Key Acquisition of Tellenger, Inc. FAIRFAX, Va., Aug. 16, 2021 (GLOBE NEWSWIRE) — Information Analysis Incorporated (OTCQB: IAIC) (“IAI”) today reported its results for the second quarter and six months ended June 30, 2021, which were highlighted by a significant expansion in professional fee revenues, bottom-line profitability, and the successful closing of the acquisition of Tellenger. Second Quarter 2021 Financial Highlights (all comparisons to prior year period unless otherwise noted)Professional fees increased to $3.3 million up from $1 million. Gross margin improved significantly, increasing to 20.2% compared with 8.1%; higher-margin professional fees accounted for 70.3% of revenues. Net income of $43,157, compared with a net loss of $(34,620). Adjusted EBITDA1 of $342,428, compared with $(32,356). Secured financing...

Greenwood Village, Colorado, Aug. 16, 2021 (GLOBE NEWSWIRE) — Selectis Health, Inc f/k/a Global Healthcare REIT, Inc. (OTC: GBCS) (“Selectis” or the “Company”) today reported a Net Income (Loss) for the second quarter of 2021 of $(686,280), or $(0.03) per diluted share. Total revenue increased to $6.01 million for the second quarter of 2021 compared to $5.13 million for the same period of 2020. SECOND QUARTER HIGHLIGHTSRecord revenue of $6,012,037 in 2Q21 versus revenue of $5,130,465 in 2Q20, a growth rate of 17.2% year-over-year; Net Income (Loss) of $(686,280) in 2Q21 versus Net Income of $1,116,055 in 2Q20; Earnings (Loss) per Share of $(0.03) per share in 2Q21 versus Earnings (Loss) per Share of $0.04 in 2Q20; Completed rebranding to Selectis Health, Inc. subject to FINRA Approval; Completed transfer...

NEW YORK, Aug. 16, 2021 (GLOBE NEWSWIRE) — Logiq, Inc. (NEO: LGIQ) (OTCQX: LGIQ), a global provider of award-winning e-commerce and fintech solutions, reported results for the second quarter ended June 30, 2021. The company will hold a conference call at 4:30 p.m. Eastern time today to discuss the results (see dial-in information below). Q2 2021 Financial HighlightsRevenue for the second quarter increased 3% sequentially to $8.3 million. Consolidated gross margin in the second quarter increased to 29.5%, up 1.9 percentage points sequentially and up 16.4 percentage points from the year-ago quarter. Gross margin for DataLogiq, the company’s data-driven, end-to-end e-commerce marketing solution, improved from the low of 15.5% in Q2 2020 to 28.4% in Q2 2021, due to improved internal efficiencies and scale of operations. Gross margin...

PALATINE, Ill., Aug. 16, 2021 (GLOBE NEWSWIRE) — Acura Pharmaceuticals, Inc. (OTCQB: ACUR), an innovative drug delivery company engaged in the research, development and commercialization of technologies and products intended to address safe use of medications, announced today financial results for the three and six months ended June 30, 2021. The Company reported revenues of $613 thousand and an operating loss of $300 thousand for the second quarter 2021 compared to revenues of $1.4 million and an operating income of $421 thousand for the same period in 2020. For the six months ended June 30, 2021, the Company reported revenues of $1.3 million and an operating loss of $446 thousand compared to revenues of $2.4 million and an operating loss of $0.1 million for the same period in 2020. The Company reported net loss of $387 thousand...

Supply Chain Challenges Remain; Top Line Outlook Improving; Strong Demand for Products Continues WOONSOCKET, R.I., Aug. 16, 2021 (GLOBE NEWSWIRE) — SUMR Brands (“SUMR Brands” or the “Company”) (NASDAQ: SUMR), a global leader in premium infant and juvenile products, today announced financial results for the fiscal second quarter ended July 3, 2021. Recent HighlightsNet sales were $30.6 million in the second quarter versus $38.2 million in the prior-year period, with lower revenue reflecting global supply chain constraints and logistical issues that resulted in missed shipment opportunities even as customer demand remained strong Aggregate SG&A declined to $9.2 million in the quarter compared to $10.5 million in last year’s comparable period, principally reflecting the decline in sales combined with...

SAN JOSE, Calif., Aug. 16, 2021 (GLOBE NEWSWIRE) — Firsthand Technology Value Fund, Inc. (NASDAQ: SVVC) (the “Fund”), a publicly traded venture capital fund that invests in technology and cleantech companies, announced today its financial results for the second quarter ended June 30, 2021. As of June 30, 2021, the Fund’s net assets were approximately $107.3 million, or $15.57 per share, compared with net assets of approximately $112.4 million, or $16.31 per share as of March 31, 2021. As June 30, 2021, the Fund’s portfolio included public and private securities valued at approximately $102.5 million, or $14.87 per share, and approximately $0.50 per share in cash and cash equivalents. Portfolio Summary (as of 6/30/21)Investment Fair Value1,   Fair Value per Share1,2Equity/Debt Investments $102.47 million   $14.87Cash/Cash...

Third Quarter Revenues Increase 22% to $10.3 Million & Net Income Rises to $1.1 million Brooklyn, NY, Aug. 16, 2021 (GLOBE NEWSWIRE) — – Cemtrex Inc. (NASDAQ: CETX, CETXP, CETXW), a technology company driving innovation in Internet of Things (IoT), security, machine vision & artificial intelligence, and augmented & virtual reality, has reported its financial and operational results for the third quarter ended June 30, 2021. Third Quarter 2021 Financial Results Revenue for the three months ended June 30, 2021, and 2020 was $10.3 million and $8.4 million, respectively, an increase of 22%. This increase is mainly due to an improvement in economic conditions from the impact of the COVID-19 crisis during the same period last year. Revenue for the nine months ended June 30, 2021, and 2020 was $28.4 million and $32.8,...