Day: August 16, 2021

Vislink Reports Second Quarter 2021 Financial Results

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

Revenues Increased 85% Over Q1 2021 with Significant Reduction in Net Loss; Orders up Over 250% for First Half of the Year Hackettstown, NJ, Aug. 16, 2021 (GLOBE NEWSWIRE) — Vislink (“the “Company”) (Nasdaq: VISL), a global technology in the capture, delivery and management of high quality, live video and associated data in the media & entertainment, law enforcement and defense markets, reported financial results for the quarter ended June 30, 2021, 2021. Company management will host a live webcast on Tuesday, August 17, 2021 at approximately 10:00 a.m. ET to review the Company’s financial and operating results and provide a general business update (see webcast details below). Q2 2021 Business Update:Subsequent to the end of the second quarter, the Company announced the acquisition of Mobile Viewpoint for $18.3 million...

TSS, Inc. Reports Second Quarter 2021 Results

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

ROUND ROCK, Texas, Aug. 16, 2021 (GLOBE NEWSWIRE) — TSS, Inc. (Other OTC: TSSI), a data center facilities and technology services company, reported results for its second quarter ended June 30, 2021. Second Quarter Highlights (unaudited):Second quarter 2021 revenue of $3.1 million compared with $6.5 million in the second quarter of 2020. Reseller revenues were $0.1 million in the second quarter of 2021 compared with $3.0 million in the second quarter of 2020. Gross margin of 47% in the second quarter of 2021 compared with 12% in the second quarter of 2020. Operating loss of $351,000 in the second quarter of 2021 compared to operating loss of $949,000 in the second quarter of 2020. Net loss of $456,000 or $0.03 per share in the second quarter of 2021 compared to net loss of $1,042,000 or $0.06 per share in the second quarter of...

Quest Resource Holding Corporation Reports Second Quarter 2021 Financial Results

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

THE COLONY, Texas, Aug. 16, 2021 (GLOBE NEWSWIRE) — Quest Resource Holding Corporation (NASDAQ: QRHC) (“Quest”), a national leader in environmental waste and recycling services, today announced financial results for the second quarter ended June 30, 2021. Second Quarter 2021 HighlightsRevenue was $36.9 million, a 67.8% increase compared with the second quarter of 2020. Gross profit was $6.8 million, a 55.7% increase compared with the second quarter of 2020. Gross margin was 18.5% of revenue compared with 19.9% during the second quarter of 2020. GAAP Net income per share attributable to common stockholders was $0.04 ($0.03 per diluted share), compared with $0.08 per basic and diluted share during the second quarter of 2020. Included in the results of the second quarter of 2020 was other income of $1.3 million, or $0.08...

Park Lawn Corporation Announces $135 Million Bought Deal Offering of Common Shares

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

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S. TORONTO, Aug. 16, 2021 (GLOBE NEWSWIRE) — Park Lawn Corporation (TSX: PLC) (“PLC” or the “Company“) is pleased to announce that it has entered into an agreement with a syndicate of underwriters (the “Underwriters“) co–led by Scotiabank and National Bank Financial Inc. pursuant to which the Underwriters have agreed to purchase 3,710,000 common shares (the “Common Shares“) at a price of $36.40 per Common Share, on a bought deal basis, for gross proceeds of approximately $135 million (the “Offering“). The Company also granted the Underwriters an option to purchase up to an additional 371,000 Common Shares on the same terms and conditions, exercisable at any time, in whole or in part, up...

Nexus Real Estate Investment Trust Announces the Acceleration of Its Transition to a Pure Play Canadian Industrial REIT Through $359 Million of Acquisitions and $75 Million Public Offering of Trust Units

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

/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO and MONTREAL, Aug. 16, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (TSX:NXR.UN) (“Nexus” or the “REIT”) announced today that it has waived conditions on the acquisition of a portfolio of three distribution centres located in Saskatchewan and New Brunswick for a purchase price of approximately $230.4 million (the “Distribution Centre Acquisition”). The purchase price is expected to be funded with the net proceeds from the REIT’s $75 million public offering of trust units (the “Units”) (see “The Offering” below) and up to approximately $172.4 million from new mortgage financing to be placed on the properties at closing. The REIT also announced today entry into of, or the waiving of diligence conditions under, two purchase and...

AppSwarm Appoints AI Venturetech as Strategic Advisor to TulsaLabs

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

Tulsa, OK, Aug. 16, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — AppSwarm, Corp. (OTC: SWRM), a software development company and aggregator of mobile applications, announces the appointment of AI VentureTech, Inc. as head strategic advisor for TulsaLabs. The Company announced the appointment of AI VentureTech as head strategic advisor for TulsaLabs and to help advise on building out a more dynamic management team behind the next-generation technology project. https://aiventuretech.com/ This new team will appoint project managers to oversee key areas of commercial research in the areas of data consulting, blockchain development, and space applications. AppSwarm will also explore alternative funding, such as federal and state economic development zone grants or low-interest loans, to fund the initial build-out of the Tulsa based...

Ricky Sitomer, CEO, Star Jets International (JETR) Announces Over $6M in First-Half of 2021, All Time Record Revenues for the Company

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

RICKY SITOMER, CEO, STAR JETS INTERNATIONAL (JETR) ANNOUNCES OVER $6M IN FIRST- HALF OF 2021, ALL TIME RECORD REVENUES FOR THE COMPANYStar Jets International, Inc.(OTCPink: JETR), a leading Private Jet Charter Company, announces that the Company has booked $6M in revenues, an all-time record in revenues for the first-half of 2021. And, for the second quarter ending June 30, 2021, JETR booked $2,372,000 in revenues. The Company continues a tremendous growth trend as the demand for private air travel is not showing any signs of slowing down. In additional to Star Jets International, Inc. continued growth, the Company has signed a letter-of- intent (LOI) to purchase a Gulfstream IV-SP aircraft. The Company anticipates this aircraft could bring an additional $5-6M per year in annual revenues – http://starjetsinternational.com/...

Minera IRL Reports Q2 2021 Financial Results

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

LIMA, Peru, Aug. 16, 2021 (GLOBE NEWSWIRE) — Minera IRL Limited (“Minera” or the “Company”) (BVL:MIRL) (CSE:MIRL) is pleased to announce highlights from its unaudited consolidated financial statements and the corresponding management’s discussion and analysis (“MD&A”) for the second quarter ended June 30, 2021. Financial Results for the Second Quarter Ended June 30, 2021 A summary of the Company’s financial results for the second quarter ended June 30, 2021, are as follows: Second Quarter Ended 30 June2021 2020Revenue ($’000) 10,776 8,265Gold sold (ounces) 6,013 4,921Realized gold price ($ per ounce) 1,792 1,680Gross profit ($’000) 2,962 2,508After-tax profit (loss) ($’000) 1,770 (4,325)Earnings (loss) per share (cents) 0.8 (1.9)*Note: All of the results presented are prepared under IFRS and are...

Altisource Asset Management Corporation Reports Second Quarter 2021 Results

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

CHRISTIANSTED, U.S. Virgin Islands, Aug. 16, 2021 (GLOBE NEWSWIRE) — Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) today announced financial and operating results for the second quarter of 2021. Second Quarter 2021 Highlights and Recent DevelopmentsNet income from continuing operations of $2.2 million for the second quarter was fueled in part by (i) the realized gains on sales of the equity securities and the associated dividend income, and (ii) reduced expenses on salaries and benefits due to forfeited bonuses from departed executives. Maintained liquidity to position the Company to have access to capital to consummate prospective business opportunities. Liquidity consists of $52.0 million in cash and $39.8 million in equity securities. Paid off the $28.4 million outstanding balance...

Proactive news headlines including Recruiter.com, Belmont Resources, PowerTap Hydrogen Capital and PsyBio Therapeutics

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

New York , Aug. 16, 2021 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies:Recruiter.com sees its 2Q revenue increase 38% to $4.4M on rising on-demand business and software subscriptions click here Canada Silver Cobalt begins commissioning of secondary crushing circuit at its TTL facility click here Global Energy Metals says its partner has commenced drilling at the polymetallic Millennium project in Queensland click here Gevo publishes IMPACT sustainability report which demonstrates the company’s mission to be transparent on its ESG performance click here Pure Gold Mining sees record monthly gold output in July at its PureGold Mine in Ontario click here Belmont Resources announces drill program for recently...

Day: August 16, 2021

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