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Month: August 2021

Teligent, Inc. Announces Second Quarter 2021 Earnings Report and Provides Business Update

– Update on FDA Inspection of Buena Facility– Assessing New Growth Opportunities in Injectables– Conference Call to Be Held on August 16, 2021 at 8:30 am Eastern Standard Time – Dial in:  (877) 407-0792 US Toll Free Number    (201) 689-8263 International Number    Confirmation Number: 13721972BUENA, N.J., Aug. 16, 2021 (GLOBE NEWSWIRE) — Teligent, Inc. (NASDAQ: TLGT), a New Jersey-based generics pharmaceutical company, today announced its financial results for the second quarter of 2021 and provided a business update. “Product demand in our core business was impacted by a combination of factors, including remediation-related activities, the ongoing effects of the COVID-19 pandemic, and modest generic pricing erosion seen within the topicals segment,” said Tim Sawyer, Teligent’s President & Chief Executive...

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Oatly Reports Second Quarter 2021 Financial Results

Record Quarterly Revenue of $146 Million, an Increase of 53.3% Year-Over-Year June and July are the Highest Consecutive Production Months in the Company’s History Announces Americas Oat Base Capacity Expansion to Support an Acceleration in Consumer Demand Company Provides Full Fiscal Year 2021 Outlook, Anticipates Revenue to Exceed $690 Million MALMÖ, Sweden, Aug. 16, 2021 (GLOBE NEWSWIRE) — Oatly Group AB (Nasdaq: OTLY) (“Oatly” or the “Company”), the world’s original and largest oat drink company, today announced financial results for the second quarter and six months ended June 30, 2021. Toni Petersson, Oatly’s CEO, commented, “2021 represents the most transformational year in our Company’s history with the completion of our successful IPO in May, which has provided us with the capital to fuel new production capacity globally...

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Ecoark Announces Operating Results for Q1 Fiscal 2022 and Full-Year Increases Financial Guidance

Ecoark expects to exceed previously issued full-year guidance for fiscal 2022 SAN ANTONIO, Aug. 16, 2021 (GLOBE NEWSWIRE) — Ecoark Holdings, Inc. (“Ecoark”) (NASDAQ: ZEST), today announced the following operating results for the first quarter of fiscal 2022 ended June 30, 2021.Achieved revenue of $6.9 million, reflecting an approximately three-fold increase compared to $2.3 million in the prior year period Generated gross profit of $2.9 million, up from $1.2 million in the prior year period and reflecting gross margins of 42% Reported net income of $2.6 million, or $0.112 per basic and $0.097 per diluted share versus a net loss of $21.2 million or $1.154 loss per basic and diluted share in the prior year period. The net income for the first quarter of fiscal 2022 resulted from a non-cash gain of approximately $5.0 million due...

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Questor Announces Second Quarter 2021 Results

CALGARY, Alberta, Aug. 16, 2021 (GLOBE NEWSWIRE) — Questor Technology Inc. (“Questor” or the “Company”) (TSX-V: QST) announced today its financial and operating results for the second quarter 2021.   SECOND QUARTER 2021 FINANCIAL RESULTS (Unaudited, stated in Canadian dollars except per share and unit data)For the Three months ended June 30, Six months ended June 30,2021 2020 2021 2020  ($) ($) ($) ($)         Revenue 1,184,040 1,030,724 2,732,431 5,520,194Gross profit (loss) (127,077) (36,817) (91,252) 1,950,129Profit (loss) for the period (873,214) (1,247,510) (1,759,101) 17,942Gross profit (loss) as a percent of revenue (11)% (4)% (3)% 35%Net cash generated (used) by operating activities (56,208) 374,415 (779,903) 1,735,205         Earnings (Loss) per share    Basic $(0.03) $(0.05) $(0.06) $0.00Diluted $(0.03) $(0.05) $(0.06) $0.00              As...

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Ceres Acquisition Corp. Reports Second Quarter 2021 Financial Results

NOT FOR DISTRIBUTION TO U.S. NEWSWIRES OR OTHER DISSEMINATION IN THE UNITED STATES TORONTO, Aug. 16, 2021 (GLOBE NEWSWIRE) —  Ceres Acquisition Corp. (NEO: CERE.U, CERE.WT; OTCQX: CERAF) (“Ceres” or the “Corporation”) is reporting its financial results as at June 30, 2021, and for the three and six month periods then ended. The Corporation’s unaudited financial statements, along with the accompanying management’s discussion and analysis, have been filed on the System for Electronic Document Analysis and Retrieval (SEDAR) and may be viewed by interested parties under the Corporation’s profile at www.sedar.com. As previously announced, on February 21, 2021, Ceres entered into a definitive business combination agreement with SH Parent, Inc. (“Parallel”), one of the largest privately-held multi-state cannabis operators in the United...

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Freeline Appoints Michael J. Parini as Chief Executive Officer and Reports Second Quarter 2021 Financial Results

On track for three programs in the clinic by year end; trial site initiation for FLT180a for Hemophilia B and FLT201 for Gaucher disease Type 1 expected by year end; program for FLT190 for Fabry disease progressing Completed first dose cohort for FLT190 Phase 1/2 dose-finding trial and advancing to next dose level; data presented by year end Updated durability data from FLT180a Phase 1/2 dose-finding trial presented by year end Defined Company strategic priorities to accelerate value creation; near-term efficiencies extend cash runway into first quarter of 2023 LONDON, Aug. 16, 2021 (GLOBE NEWSWIRE) — Freeline Therapeutics Holdings plc (Nasdaq: FRLN) (the “Company” or “Freeline”), a clinical-stage biotechnology company developing transformative AAV-mediated gene therapies for patients suffering from inherited systemic debilitating...

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US Hearing Aids Market to Reach USD 4.48 Billion in 2028; Increasing Incorporation of Artificial Intelligence to Accelerate Growth, says Fortune Business Insights™

Key Prominent Players Covered in the US Hearing Aids Market Research Report Are Sonova,Demant A/S,GN Store Nord A/S,Cochlear Ltd,WS Audiology,RION Co., Ltd.,Starkey,MED-EL,Other Prominent Players. Pune, India, Aug. 16, 2021 (GLOBE NEWSWIRE) — The US Hearing Aids Market is set to gain momentum from the increasing adoption of artificial intelligence (AI) in these devices. Patients nowadays are moving towards them because of their ability to provide novel and personalized services. AI-enabled devices can learn what noise the patient wishes to focus more on by detecting the environment. Starkey, for instance, developed Livio Edge AI in February 2020. This information is given by Fortune Business Insights™ in a report, titled, “US Hearing Aids Market, 2021-2028.” As per the report, the market size was USD 2.53 billion in 2020. It is...

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Online Thrift Store Goodfair Streamlines and Scales Fulfillment with Descartes Ecommerce Warehouse Management Solution

WATERLOO, Ontario, Aug. 16, 2021 (GLOBE NEWSWIRE) — Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Houston-based Goodfair, an online thrift store platform that sells themed bundles of clothing, is using Descartes’ cloud-based ecommerce warehouse management system (WMS) to automate, streamline and scale its order fulfillment processes to meet surging demand for secondhand retail. “By reintroducing clothing back into the consumer cycle that would otherwise have been destined for a landfill, we’re revolutionizing how people shop, reducing water waste, carbon emissions and marine pollution,” said Topper Luciani, CEO at Goodfair. “We rely on the Descartes solution to help us ship fluctuating volumes of pre-loved clothing bundles to consumers quickly...

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Scorpio Tankers Inc. Announces Purchase of Call Options by the President of the Company

MONACO, Aug. 16, 2021 (GLOBE NEWSWIRE) — Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced that the President of the Company, Robert Bugbee, has purchased call options on an aggregate of 50,000 common shares (or 500 call option contracts) of the Company for total consideration of $230,000. The call option contracts have a strike price of $15.00 and an expiration of January 2023. About Scorpio Tankers Inc. Scorpio Tankers Inc. is a provider of marine transportation of petroleum products worldwide. Scorpio Tankers Inc. currently owns, finance leases or bareboat charters-in 131 product tankers (42 LR2 tankers, 12 LR1 tankers, 63 MR tankers and 14 Handymax tankers) with an average age of 5.6 years. Additional information about the Company is available at the Company’s website www.scorpiotankers.com, which...

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Blood Glucose Monitoring System Market Size | Is Projected to Grow USD 28.89 Billion in 2028 at a CAGR of 10.5%

Top Players Covered in the Blood Glucose Monitoring System Market Research Report Are Abbott (Lake Bluff, U.S.), B. Braun Melsungen AG (Melsungen, Germany), Dexcom, Inc. (San Diego, U.S.), Ascensia Diabetes Care Holdings AG (Basel, Switzerland), Medtronic (Dublin, Ireland), F. Hoffmann-La Roche Ltd (Basel, Switzerland), Terumo Corporation (Tokyo, Japan), LifeScan, Inc. (Malvern, U.S.), Senseonics, Inc. (Germantown, U.S.) and other key market players. Pune, India, Aug. 16, 2021 (GLOBE NEWSWIRE) — The global Blood Glucose Monitoring System Market is set to gain impetus from the emergence of innovative technologies, such as continuous BGM systems that provide numerous advantages, such as real-time monitoring.  Abbott, for instance, mentioned that its new device FreeStyle Libre was used by 3.00 million people in 2020 and 2.50 million...

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