Day: August 26, 2021

Navios Maritime Partners L.P. Announces a Merger with Navios Maritime Acquisition Corporation

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

Navios Maritime Acquisition Corporation Ship Mortgage Notes being Redeemed Conference Call & Webcast: Tuesday, August 31, 2021 at 8:30 am ET MONACO, Aug. 26, 2021 (GLOBE NEWSWIRE) — Navios Maritime Partners L.P. (“Navios Partners”) (NYSE: NMM), an international owner and operator of dry cargo vessels, and Navios Maritime Acquisition Corp. (“Navios Acquisition”) (NYSE:NNA), an international owner and operator of tanker vessels, announced today a definitive transaction agreement providing for a combination of Navios Partners and Navios Acquisition in a transaction in which shareholders of Navios Acquisition will receive 0.1275 of a common unit of Navios Partners for each outstanding common share of Navios Acquisition. All of Navios Acquisition’s outstanding 8.125% First Priority Ship Mortgage Notes, due on November 15, 2021...

Humacyte Announces Successful Closing of Business Combination with Alpha Healthcare Acquisition Corp.

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

Kathleen SebeliusChair of Humacyte’s Board of DirectorsDr. Laura NiklasonFounder, President & CEO of HumacyteRajiv ShuklaCEO of Alpha Healthcare Acquisition Corp.Humacyte raises $245M gross proceeds Combined company is expected to begin trading on the Nasdaq Global Select Market® under “HUMA” and “HUMAW” on August 27, 2021 Company well-positioned to deliver on promise of regenerative tissue HAV technology for initial indications in vascular trauma, AV access and peripheral arterial disease Combined company will be led by Laura Niklason, M.D., Ph.D., Founder, President & CEO, and current executive team Kathleen Sebelius appointed Chair of the Board of Directors Humacyte to commemorate milestone by ringing Nasdaq closing bell on Monday, August 30, 2021DURHAM, N.C., Aug....

Ollie’s Bargain Outlet Holdings, Inc. Reports Second Quarter Fiscal 2021 Financial Results

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

~ Company Achieves 2-Year Comparable Store Sales Stack of +15.3% ~~ Strong Earnings Flow-Through, Resulting in Diluted EPS of $0.52 ~ HARRISBURG, Pa., Aug. 26, 2021 (GLOBE NEWSWIRE) — Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today reported financial results for the second quarter ended July 31, 2021. “We are very pleased with our results for the second quarter as we delivered comparable store sales growth of 15.3% on a two-year stack basis, well ahead of our long-term growth algorithm, and adjusted EBITDA growth of 44% as compared to 2019,” stated John Swygert, President and Chief Executive Officer. “Our performance reflects the strength of our business model as well as outstanding execution by our team, particularly with the headwinds of heightened supply chain challenges.” Second Quarter Summary:...

Rapid Micro Biosystems Reports Second Quarter 2021 Financial Results and Provides Business Update and Full Year 2021 Outlook

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

Reports second quarter 2021 commercial revenue of $5.7 million, representing 135% year-over-year growth Issues full-year 2021 outlook for commercial revenue of at least $24.0 million, representing at least 70% year-over-year growth LOWELL, Mass, Aug. 26, 2021 (GLOBE NEWSWIRE) — Rapid Micro Biosystems, Inc. (Nasdaq: RPID) (the “Company”), an innovative life sciences technology company providing mission critical automation solutions to facilitate the efficient manufacturing and fast, safe release of healthcare products, today announced its financial results for the second quarter ended June 30, 2021 and provided a business update and full year 2021 outlook. Financial Highlights and Business UpdateGenerated commercial revenue (combined product and service revenue) of $5.7 million for the second quarter of 2021, representing 135%...

Peloton Interactive, Inc. Reports Fourth Quarter and Full-Year Fiscal 2021 Financial Results

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

NEW YORK, Aug. 26, 2021 (GLOBE NEWSWIRE) — Peloton Interactive, Inc. (Nasdaq: PTON) has announced its financial results for fourth quarter and full-year fiscal 2021. Please visit the Peloton investor relations website https://investor.onepeloton.com/financial-information/quarterly-results to view the fourth quarter and full-year fiscal 2021 shareholder letter. Today the company will host a live audio webcast of its conference call to discuss the results at 5:00 p.m. ET. Additional Call Details: What: Peloton Fourth Quarter and Full-Year 2021 Earnings Conference Call When: Thursday, August 26, 2021 Time: 5:00 p.m. ET Live Call: 1-877-667-0469 (US) or 1-346-406-0807 (international), Conference ID: 3586993 Webcast: https://investor.onepeloton.com/financial-information/quarterly-results The archived webcast of the conference call will...

Snap One Reports Fiscal Second Quarter 2021 Results

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

Strong Operating Results Reflect Robust Demand for Smart Living Solutions, Leading to 34% Increase in Net Sales, 67% Decrease in Net Loss, and 20% Increase in Adjusted EBITDA First Half of the Year Highlighted by Strategic Acquisition of Access Networks, Expansion of Omni-Channel Presence into Five New Domestic Markets, Corporate Rebranding, and Successful Initial Public Offering and Public Listing CHARLOTTE, N.C., Aug. 26, 2021 (GLOBE NEWSWIRE) — Snap One Holdings Corp. (NASDAQ: SNPO) (“Snap One,” the “Company,” “we” or “our”), a provider of smart living products, services, and software to professional integrators, reported financial results for the fiscal second quarter ended June 25, 2021. Recent Operational HighlightsJuly: Completed successful initial public offering of 15,020,812 primary shares of common stock at $18.00...

Lantronix Reports Record Results for Fourth Quarter and Fiscal 2021

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

Record Fourth Quarter Net Revenue of $20.6 Million, Up 19% Year Over Year Record Fiscal Year 2021 Net Revenue of $71.5 Million, Up 19% Year Over Year GAAP Gross Margins of 48.8% Improved 370 Basis Points Sequentially From 45.1% and Improved 1,110 Basis Points from 37.7% in the Year Ago Fourth Quarter, Reflecting Improved Product Mix Fourth Quarter GAAP EPS Improved to ($0.04) per Share vs. ($0.06) in the Prior Year Fourth Quarter Non-GAAP EPS Increased to $0.06 per share vs. $0.04 in the Year Ago Quarter and $0.05 in the Prior Quarter Demand Strengthened, Driving Another Record Backlog Entering Q1 of Fiscal 2022 Cash Balance Improved to $9.7 MillionIRVINE, Calif., Aug. 26, 2021 (GLOBE NEWSWIRE) — Lantronix, Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Internet of Things (IoT) and Remote Environment...

NXP Semiconductors Announces Quarterly Dividend and Expansion of the 2021 Share Repurchase Program

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

EINDHOVEN, The Netherlands, Aug. 26, 2021 (GLOBE NEWSWIRE) — As part of its ongoing capital return program, NXP Semiconductors N.V. (NASDAQ: NXPI) today announced that its board of directors has approved the payment of an interim dividend and the expansion of its 2021 share repurchase authorization. The actions are based on the significant strength of the NXP capital structure, and the board’s confidence in the company’s ability to drive long-term growth and strong cash flow. The board of directors has approved the payment of an interim dividend of $0.5625 per ordinary share for the third quarter of 2021. The interim dividend will be paid in cash on October 6, 2021 to shareholders of record as of September 15, 2021. Additionally, consistent with NXP’s historic policy of returning excess cash flow to shareholders, the board of directors...

Lam Research Corporation Announces a 15% Increase in Quarterly Dividend

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

FREMONT, Calif., Aug. 26, 2021 (GLOBE NEWSWIRE) — Lam Research Corporation (Nasdaq: LRCX) today announced that its Board of Directors has approved a $0.20, or 15% increase in its quarterly dividend, from $1.30 to $1.50 per share of common stock. This increase is consistent with the intent for disciplined annual dividend growth. The dividend payment will be made October 13, 2021 to holders of record on September 28, 2021. Future dividend payments are subject to review and approval by the Board of Directors. About Lam Research: Lam Research Corporation is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. Lam’s equipment and services allow customers to build smaller and better performing devices. In fact, today, nearly every advanced chip is built with Lam technology. We combine...

authID.ai Announces Closing of Public Offering

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

Long Beach, NY, Aug. 26, 2021 (GLOBE NEWSWIRE) — authID.ai (www.authid.ai) (Nasdaq: AUID) (“authID” or the “Company”), a leading provider of secure, mobile, biometric identity authentication solutions, today announced the closing of its public offering of 1,642,856 shares of its common stock at a public offering price of $7.00 per share, including 214,285 shares sold upon full exercise of the underwriter’s option to purchase additional shares, for gross proceeds of approximately $11.5 million, before deducting underwriting discounts and offering expenses. The common shares began trading on the Nasdaq Capital Market under the symbol “AUID” on August 24, 2021. The Company intends to use the proceeds to invest in software product and platform development and artificial intelligence; to expand the Company’s business development and...

Day: August 26, 2021

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