Day: August 19, 2021

Lands’ End Announces Second Quarter Fiscal 2021 Earnings Conference Call

Written by Customer Service on August 19, 2021. Posted in Public Companies.

DODGEVILLE, Wis., Aug. 19, 2021 (GLOBE NEWSWIRE) — Lands’ End, Inc. (NASDAQ: LE) will host a conference call at 8:30 a.m. Eastern Time on Thursday, September 2, 2021, to discuss its second quarter fiscal 2021 financial results. A news release containing these results will be issued before the call. Listeners may access a live broadcast of the conference call on the Company’s investor relations website: http://investors.landsend.com/ in the Events and Presentations section or by dialing (866) 753-5836. An online archive of the broadcast will be available at approximately noon on September 2, 2021, and will be accessible on the Company’s website: http://investors.landsend.com/ in the Events and Presentations section. About Lands’ End, Inc. Lands’ End, Inc. (NASDAQ:LE) is a leading uni-channel retailer of casual...

BW Ideol 2021 First Half-Year Results

Written by Customer Service on August 19, 2021. Posted in Earnings Releases And Operating Results.

HIGHLIGHTSCreation of BW Ideol AS and listing on Euronext Growth Oslo as an offshore floating wind champion (March) Signed EolMed 30 MW pilot project engineering contract and license agreement (April) Signed partnership agreement with leading utility for South Brittany tender in France (April) Signed collaboration agreement with Hitachi ABB Power Grids on developing industry-first floating substation solution (June) Signed Joint Development Agreement with Eneos Corporation for a commercial scale floating wind farm in Japan (July) Submitted applications for ScotWind tender with joint venture partners for a total of 2.1 GW (July) Signed design and engineering Services contract with undisclosed leading party for a commercial scale floating wind farm in Taiwan (July) Signed Heads of Terms with an undisclosed party for a commercial scale...

REE Automotive Awarded $17 USD Million Funding from the UK Government

Written by Customer Service on August 19, 2021. Posted in Public Companies.

Funding will allow REE to advance commercial production of its breakthrough REEcorner™ technology and ultra-modular EV platforms Project to help accelerate industry shift towards net zero-emissions with REE’s technology designed to support extensive range of electric vehiclesTEL AVIV, Israel, Aug. 19, 2021 (GLOBE NEWSWIRE) — REE Automotive Ltd. (NASDAQ: “REE”), an innovator in e-mobility which recently started to trade on Nasdaq, today announced that its REEcorner™ technology was awarded $17 million USD funding from the UK government as part of a $57 USD million investment, coordinated through the Advanced Propulsion Centre (APC). The investment is in line with the UK government’s ambition to accelerate the shift to zero-emission vehicles and de-carbonize the UK’s transport networks. The award funding follows an intensive vetting...

LSI Industries Reports Fourth Quarter and Full-Year Fiscal 2021 Results and Declares Quarterly Cash Dividend

Written by Customer Service on August 19, 2021. Posted in Earnings Releases And Operating Results.

CINCINNATI, Aug. 19, 2021 (GLOBE NEWSWIRE) — LSI Industries Inc. (NASDAQ: LYTS, or the “Company”), a leading U.S. based manufacturer of commercial lighting and display solutions, today announced results for the fourth quarter and full-year fiscal 2021. FOURTH QUARTER 2021 SUMMARYNet Sales increased 53% versus Prior Year, organic sales increased 39% Completed acquisition of JSI Store Fixtures on May 21, 2021 Net Income of $0.2 million; Adjusted Net Income of $3.3 million Diluted EPS of $0.01, including $0.08 of acquisition related expense Adjusted EPS $0.12 versus $0.07 prior yearFISCAL YEAR 2021 SUMMARYNet Sales increased 3% from prior year to $316 million Net Income of $5.9 million; Adjusted Net Income of $9.8 million Diluted EPS of $0.21; Adjusted EPS of $0.36 versus $0.15 prior year EBITDA of $16.1 million; Adjusted EBITDA...

Formula Systems Reports Second Quarter 2021 Financial Results: Record-Breaking Results with Double Digit Growth Across All Key Financial Indices

Written by Customer Service on August 19, 2021. Posted in Earnings Releases And Operating Results.

OR YEHUDA, Israel, Aug. 19, 2021 (GLOBE NEWSWIRE) — Formula Systems (1985) Ltd. (NASDAQ: FORTY), a global information technology holding company engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, today announced its results for the second quarter and six months-period ended June 30, 2021. Financial Highlights for the Second Quarter Ended June 30, 2021Consolidated revenues for the second quarter ended June 30, 2021 increased by 34.5% to a record breaking $587.9 million compared to $437.1 million in the same period last year. Consolidated operating income for the second quarter ended June 30, 2021 increased by 24.1% to a record breaking $50.5 million, with growth recorded across Formula’s entire investment...

Proactive news headlines including RPM Automotive Group, Conico, Golden Rim Resources and Tambourah Metals

Written by Customer Service on August 19, 2021. Posted in Mergers And Acquisitions.

Sydney, Aug. 19, 2021 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:RPM Automotive Group Ltd (ASX:RPM) has executed an agreement with Collins St Value Fund (CSVF) that will provide $8 million to support the company’s ambitious growth strategy. Click here Conico Ltd (ASX:CNJ)’s wholly-owned subsidiary Longland Resources Ltd has intersected sulphides and magnetite in the first holes drilled at the Sortekap and Miki prospects within the Ryberg Project in Greenland. Click here Golden Rim Resources Ltd (ASX:GMR) has delivered more broad zones of oxide gold mineralisation at its Kada Gold Project in Guinea with results of up to 31 metres at 1.6 g/t gold and 20 metres at 2.4 g/t. Click here Tempus Resources Ltd (ASX:TMR, TSX-V:TMRR)...

GLOBAL WARMING SOLUTIONS, INC. ANNOUNCES EFFECTIVENESS OF FORM 10 REGISTRATION STATEMENT

Written by Customer Service on August 19, 2021. Posted in Public Companies.

Temecula, CA, Aug. 19, 2021 (GLOBE NEWSWIRE) — Global Warming Solutions, Inc., (OTC MARKETS: “GWSO”), a worldwide developer of technologies that help mitigate Global Warming and its effects on the Planet announces that its Registration Statement on Form 10 has been declared effective by the Securities and Exchange Commission (SEC). Moving forward, the Company will be subject to the reporting requirements that require the periodic and current reporting requirements of Section 13 or 15(d) of the Exchange Act. This means the Company will begin filing annual reports with the SEC on Form 10-K, quarterly reports on Form 10-Q, periodic reports on Form 8-K and subject itself to additional SEC reporting obligations related to proxies, shareholder actions and stock ownership rules. The Form 10 provides investors with detailed information...

GBT – Near Vertical Incidence Skywave (NVIS) Antenna Technology Being Tested

Written by Customer Service on August 19, 2021. Posted in Public Companies.

SAN DIEGO, Aug. 19, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT” or the “Company”), is now testing – Near Vertical Incidence Skywave (NVIS) Antenna Technology for its Infinia long range communication. The NVIS technology is targeted to assist with dead zone coverage. Typical HF radio waves reach very long distances but there is the challenge of covering the skip zones. NVIS (Vertical Incidence Skywave propagation) is a type of ionospheric radio transmission that can be used to fill the gaps between line of sight and longer distance skip zones that are used at HF bands; especially, with rough terrain and geographical obstacles. The use of NVIS propagation requires efficient antenna and frequency selection. Particular antenna styles are necessary in order to ensure efficient coverage at all terrain...

Meso Numismatics Closes Global Stem Cell Group Acquisition

Written by Customer Service on August 19, 2021. Posted in Public Companies.

LAS VEGAS, NV, Aug. 19, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Meso Numismatics, Inc. (“Meso Numismatics” or the “Company”) (MSSV), a technology and numismatic company specializing in the Meso Region, including Central America and the Caribbean, is pleased to announce that it has closed its acquisition of Global Stem Cells Group. “We are pleased to have finally been able to close on this acquisition,” said David Christensen, President and CEO of MSSV. “We are now well positioned to enter into the growing global Regenerative Medicine industry.” Global Stem Cells Group (Global) is a premier Regenerative Medicine company that specializes in cutting edge stem cell research, current clinical applications, and physician training. Global licenses its intellectual property and name to medical professionals around the world providing...

Patria Reports Second Quarter 2021 Earnings Results

Written by Customer Service on August 19, 2021. Posted in Earnings Releases And Operating Results.

GRAND CAYMAN, Cayman Islands, Aug. 19, 2021 (GLOBE NEWSWIRE) — Patria (Nasdaq:PAX) reported today its unaudited results for the second quarter ended June 30, 2021. The full detailed presentation of Patria’s second quarter 2021 results can be accessed on the Shareholders section of Patria’s website at https://ir.patria.com/. Alex Saigh, Patria’s CEO, said: “We’re very excited with our progress since the IPO, with nearly all of our key metrics running ahead of our expectations from the beginning of this year. We are deploying capital faster, which is accelerating earnings growth, as well as our fundraising timelines. Our Q2 results continue to demonstrate impressive rates of revenue and FRE growth, and we are delivering an attractive yield to shareholders with the realization of performance fees.” Financial Highlights (reported...

Day: August 19, 2021

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