Day: August 26, 2021

AVITA Medical Reports Fourth Quarter and Fiscal Year 2021 Financial Results

Written by Customer Service on August 26, 2021. Posted in Earnings Releases And Operating Results.

VALENCIA, Calif., Aug. 26, 2021 (GLOBE NEWSWIRE) — AVITA Medical, Inc. (NASDAQ: RCEL, ASX:AVH) (Company), a regenerative medicine company that is developing and commercializing a technology platform that enables point-of-care autologous skin restoration for multiple unmet needs, today reported financial results for its fourth quarter of fiscal year 2021, ended June 30, 2021. Fourth Quarter of Fiscal Year 2021 HighlightsTotal net revenue increased 166% to $10.3 million compared to $3.9 million in the fourth quarter of 2020 Total commercial revenue increased 45% to $6.7 million compared to the prior quarter ended March 31, 2021 and exceeded revised revenue guidance of $6.0-6.2 million Gross profit margin of 80% compared to 77% in the fourth quarter of 2020 Net loss of $4.7 million, or $0.19 per share compared to a net loss of $12.9...

Workday Announces Fiscal 2022 Second Quarter Financial Results

Written by Customer Service on August 26, 2021. Posted in Earnings Releases And Operating Results.

Fiscal Second Quarter Total Revenues of $1.26 Billion, Up 18.7% Year Over Year Subscription Revenue of $1.11 Billion, Up 19.5% Year Over Year 24-Month Subscription Revenue Backlog of $6.88 Billion, Up 19.0% Year Over Year Total Subscription Revenue Backlog of $10.58 Billion, Up 23.1% Year Over Year PLEASANTON, Calif., Aug. 26, 2021 (GLOBE NEWSWIRE) — Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today announced results for the fiscal 2022 second quarter ended July 31, 2021. Fiscal 2022 Second Quarter ResultsTotal revenues were $1.26 billion, an increase of 18.7% from the second quarter of fiscal 2021. Subscription revenue was $1.11 billion, an increase of 19.5% from the same period last year. Operating loss was $1.1 million, or negative 0.1% of revenues, compared to an...

Plains All American Renews and Extends Credit Facilities

Written by Customer Service on August 26, 2021. Posted in Public Companies.

HOUSTON, Aug. 26, 2021 (GLOBE NEWSWIRE) — Plains All American Pipeline and Plains GP Holdings (Nasdaq: PAA & PAGP) (collectively, “Plains”) today announced that PAA has renewed and extended its two credit facilities (the “Facilities”). The renewed and extended Facilities have an aggregate initial borrowing capacity of $2.7 billion and initial maturities in 2024 and 2026, replacing the previous facilities that were scheduled to mature in 2022 and 2024, respectively. “Renewal and extension of these credit facilities aligns with our financial strategy, which includes ensuring ample credit capacity for our operating and commercial activities,” stated Sharon Spurlin, Senior Vice President and Treasurer of Plains. “Notably, the new commitment levels reflect the reduced capital requirements of our business and the sizeable multi-year...

DCP Midstream to Participate in Evercore ISI ESG Roundtable

Written by Customer Service on August 26, 2021. Posted in Public Companies.

DENVER, Aug. 26, 2021 (GLOBE NEWSWIRE) — DCP Midstream, LP (NYSE: DCP) announced that Wouter van Kempen, chairman, president, and chief executive officer, Sean O’Brien, group vice president and chief financial officer, and William Johnson, group vice president and chief transformation officer, will participate in an ESG roundtable with a focus on discussing the company’s second annual sustainability report: Resiliency and Evolution. This roundtable will be hosted by Evercore ISI on September 1, 2021. The report is available in the Sustainability section of DCP Midstream’s website at www.dcpmidstream.com. ABOUT DCP MIDSTREAM, LP DCP Midstream, LP (NYSE: DCP) is a Fortune 500 midstream master limited partnership headquartered in Denver, Colorado, with a diversified portfolio of gathering, processing, logistics and marketing assets....

Veth Propulsion Now Available Throughout North America

Written by Customer Service on August 26, 2021. Posted in Public Companies.

Twin Disc’s Authorized Sales and Service Providers now offer Veth’s azimuth rudder propellers, thrusters and marine electronics across North America RACINE, Wis., Aug. 26, 2021 (GLOBE NEWSWIRE) — Twin Disc, Inc. (NASDAQ: TWIN), a global leader in power transmission technology for marine and land-based applications, has announced full North American availability of its portfolio of Veth Propulsion products. “Increasing the availability of Veth Propulsion’s products in North America strategically expands our market opportunity within the marine industry,” said Tim Batten, Vice President, Sales, Twin Disc, Inc. “The broad and complementary product portfolio provides added value to new and existing customers.”Palmer Johnson Power Systems will represent Veth Propulsion by Twin Disc in the Western United States, as well as Western...

ABM Industries to Announce Third Quarter 2021 Financial Results

Written by Customer Service on August 26, 2021. Posted in Public Companies.

Conference Call to be Held on September 9th, 2021, at 8:30 AM (ET) NEW YORK, Aug. 26, 2021 (GLOBE NEWSWIRE) — ABM (NYSE: ABM), a leading provider of facility solutions, announced today that it will release its earnings results for the Company’s fiscal third quarter 2021 on Wednesday, September 8, 2021, after market close. ABM will host its quarterly conference call for all interested parties on Thursday, September 9, 2021, at 8:30 AM (ET). The live conference call can be accessed via audio webcast at the ‘Investors’ section of the Company’s website, located at www.abm.com, or by dialing (877) 451-6152 approximately 15 minutes prior to the scheduled time. A supplemental presentation will accompany the webcast on the Company’s website. A replay will be available approximately two hours after the recording through September 23, 2021...

Microchip Technology to Host Analyst and Investor Day on November 8

Written by Customer Service on August 26, 2021. Posted in Public Companies.

CHANDLER, Ariz., Aug. 26, 2021 (GLOBE NEWSWIRE) — (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today that the Company will host an Analyst and Investor Day on Monday November 8, 2021, commencing at 1:00 p.m. (Eastern Standard Time) and concluding at 5:00 p.m. (Eastern Standard Time). The event will include information on Microchip’s long-term growth and business model targets, organic growth strategy, manufacturing/capacity strategy, capital allocation/capital return strategy, Company culture and corporate responsibility. Presenters will include Ganesh Moorthy, CEO, Steve Sanghi, Executive Chair, Eric Bjornholt, Chief Financial Officer, and other members of management. Microchip currently plans to hold the event in New York city in person...

Atlanticus Announces Approval of Quarterly Preferred Stock Dividend

Written by Customer Service on August 26, 2021. Posted in Dividend Reports And Estimates.

ATLANTA, Aug. 26, 2021 (GLOBE NEWSWIRE) — Atlanticus Holdings Corporation (NASDAQ: ATLC) (“Atlanticus,” “the Company”, “we,” “our” or “us”), a technology-enabled financial services company that assists financial institutions in offering credit to millions of everyday Americans, today announced that its Board of Directors approved a quarterly dividend of $0.49774 per share to Series B Cumulative Perpetual Preferred stockholders. The cash dividend will be paid on or about September 15, 2021 to holders of record of Atlanticus’ Series B Cumulative Perpetual Preferred Stock on the close of business on September 3, 2021. About Atlanticus Holdings Corporation Empowering Better Financial Outcomes for Everyday Americans Founded in 1996, our business utilizes proprietary analytics and a flexible technology platform to enable financial institutions...

HP Inc. Reports Fiscal 2021 Third Quarter Results

Written by Customer Service on August 26, 2021. Posted in Earnings Releases And Operating Results.

PALO ALTO, Calif., Aug. 26, 2021 (GLOBE NEWSWIRE) — HP (NYSE: HPQ)Third quarter GAAP diluted net earnings per share (“EPS”) of $0.92, above the previously provided outlook of $0.77 to $0.81 per share Third quarter non-GAAP diluted net EPS of $1.00, above the previously provided outlook of $0.81 to $0.85 per share Third quarter net revenue of $15.3 billion, up 7.0% from the prior-year period Third quarter net cash provided by operating activities of $1.1 billion, free cash flow of $1.0 billion Third quarter returned $1.7 billion to shareholders in the form of share repurchases and dividendsHP Inc.’s fiscal 2021 third quarter financial performance Q3 FY21 Q3 FY20 Y/Y GAAP net revenue ($B) $ 15.3 $ 14.3 7.0% GAAP operating margin 9.0% 5.4% 3.6 pts GAAP net earnings ($B) $ 1.1 $ 0.7 51% GAAP...

Aadi Bioscience Announces Closing of Merger with Aerpio Pharmaceuticals and $155M Private Placement

Written by Customer Service on August 26, 2021. Posted in Mergers And Acquisitions.

Shares of Aadi to commence trading on the Nasdaq Capital Market on August 27, 2021 under ticker symbol “AADI” Concurrent $155 million PIPE financing is backed by leading life science investors led by Acuta Capital Partners and KVP Capital and included Avoro Capital Advisors; Avoro Ventures; Venrock Healthcare Capital Partners; BVF Partners, L.P.; Vivo Capital; Alta Bioequities, L.P.; Rock Springs Capital; RTW Investments, LP; Acorn Bioventures; and Serrado Capital LLC Cash and cash equivalents of approximately $170 million as of merger closeLOS ANGELES, Aug. 26, 2021 (GLOBE NEWSWIRE) — Aadi Bioscience, Inc. (“Aadi”) (Nasdaq: AADI), a clinical-stage biopharmaceutical company focusing on precision therapies for genetically-defined cancers with alterations in mTOR pathway genes, today announced the closing of its previously announced...

Day: August 26, 2021

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