Month: August 2021

Burning Rock Reports Second Quarter 2021 Financial Results

Written by Customer Service on August 31, 2021. Posted in Earnings Releases And Operating Results.

GUANGZHOU, China, Aug. 31, 2021 (GLOBE NEWSWIRE) — Burning Rock Biotech Limited (NASDAQ: BNR, the “Company” or “Burning Rock”), a company focused on the application of next generation sequencing (NGS) technology in the field of precision oncology, today reported financial results for the three months ended June 30, 2021. Business UpdatesEarly DetectionTechnology foundation manuscript was published in Nature Biomedical Engineering (article link here). The results demonstrate that our proprietary technology of deep methylation sequencing, aided by a machine-learning classifier of methylation patterns, enables ultrasensitive detection of circulating tumor DNA. We continued to conduct an early-access program (over 2,000 volunteers tested) to prepare for operational readiness of our 6-cancer early detection product. 2022 commercialization...

CORRECTION – Zoom Reports Financial Results for the Second Quarter of Fiscal Year 2022

Written by Customer Service on August 31, 2021. Posted in Earnings Releases And Operating Results.

Second quarter total revenue of $1,021.5 million, up 54% year over year Number of customers contributing more than $100,000 in TTM revenue up 131% year over year Second quarter GAAP operating margin of 28.8% and non-GAAP operating margin of 41.6%SAN JOSE, Calif., Aug. 30, 2021 (GLOBE NEWSWIRE) — Zoom Video Communications, Inc. (NASDAQ: ZM) is updating this press release to include the “Amortization on marketable securities” line item in its condensed consolidated statements of cash flows. Complete corrected text follows. Zoom Video Communications, Inc. (NASDAQ: ZM) today announced financial results for the second fiscal quarter ended July 31, 2021. “In Q2, we achieved our first billion dollar revenue quarter while delivering strong profitability and cash flow,” said Zoom founder and CEO, Eric S. Yuan. “Q2 also marked several...

Red White & Bloom Brands Reports Q2 2021

Written by Customer Service on August 31, 2021. Posted in Earnings Releases And Operating Results.

– $58.5 million in Adjusted Sales,1 for first six months of 2021 –– Q2 revenue increased 13% over Q1 2021 –– Reduced short term obligations through repayment of approximately US$18 million of debt and restructuring of over US$20 Million into long term debt – TORONTO, Aug. 30, 2021 (GLOBE NEWSWIRE) — Red White & Bloom Brands Inc. (CSE: RWB and OTCQX: RWBYF) (“RWB” or the “Company”), a multi-state cannabis operator and house of premium brands, is pleased to report select second quarter (Q2, 2021) financial results and subsequent events. The Company will be filing its Q2 2021 financial statements and related Management’s Discussion and Analysis (“MD&A”) today. Brad Rogers, Chairman & CEO commented, “We continue to make great strides with our branded products and see momentum...

Kiwetinohk Resources Corp. and Distinction Energy Corp. Shareholders Approve of Plan of Arrangement

Written by Customer Service on August 31, 2021. Posted in Mergers And Acquisitions.

CALGARY, Alberta, Aug. 30, 2021 (GLOBE NEWSWIRE) — Kiwetinohk Resources Corp. (“Kiwetinohk“) and Distinction Energy Corp. (“Distinction”) are pleased to announce that the shareholders of each company have voted in favour of the previously announced plan of arrangement (the “Arrangement”) under section 192 of the Canada Business Corporations Act (the “CBCA”) to create a larger scale, more efficient and diversified energy company positioned for the energy transition. On August 30, 2021, Kiwetinohk and Distinction each held special shareholders meetings with each company’s shareholders voting on resolutions in connection with the Arrangement.At the Kiwetinohk special shareholder meeting, the resolution authorizing the issuance of Kiwetinohk common shares to Distinction shareholders pursuant to and in connection with...

Nanotech Announces Mailing of Management Information Circular for Proposed Arrangement with Meta Materials Inc.

Written by Customer Service on August 31, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, Aug. 30, 2021 (GLOBE NEWSWIRE) — Nanotech Security Corp. (TSXV: NTS) (OTCQX: NTSFF) (“Nanotech” or the “Company”), a leader in the development of secure and visually memorable nano-optic security features used in the government and banknote and brand protection markets, announces it has filed and mailed its management information circular (the “Information Circular“) and related meeting and proxy materials (collectively, the “Meeting Materials“) for the special meeting of the securityholders of the Company (the “Securityholders“) to be held virtually on Tuesday, September 28, 2021 at 11:00 a.m. (Vancouver time ) (the “Meeting“). The purpose of the Meeting is to consider and, if thought advisable, to pass a special resolution, with or without variation...

Alpine Acquisition Corporation Announces Pricing of $100.0 Million Initial Public Offering

Written by Customer Service on August 31, 2021. Posted in Public Companies.

Fountain Hills, Arizona, Aug. 30, 2021 (GLOBE NEWSWIRE) — Alpine Acquisition Corporation (Nasdaq: REVEU) (“Alpine” or the “Company”) today announced the pricing of its initial public offering of 10,000,000 units at a price of $10.00 per unit. The units are expected to be listed on The Nasdaq Capital Market (“Nasdaq”) and trade under the ticker symbol “REVEU” beginning August 31, 2021. Each unit consists of one share of common stock and one half of a redeemable warrant. Each full warrant entitles the holder thereof to purchase one share of common stock at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the shares of common stock and warrants are expected to be traded on the Nasdaq under the symbols “REVE” and “REVEW,” respectively. Maxim Group LLC is acting as sole book-running manager...

Victory Square Technologies Reports Record 6th Consecutive Quarter With Positive Net Income & Earnings Per Share

Written by Customer Service on August 31, 2021. Posted in Earnings Releases And Operating Results.

During the six months ending June 30, 2021, the adjusted net income of the Company was $7,653,255*. Adjusted basic earnings per share were $0.08* and diluted earnings per share were $0.07*. During the three months ending June 30, 2021, the adjusted net income of the Company was $2,222,180*. Adjusted basic earnings per share was $0.02* and diluted earnings per share was $0.02*. Issued a special dividend of common shares of its portfolio company GameOn Entertainment Technologies Inc. (CSE:GET) (“GameOn”) in May 2021 Issued a special dividend of common shares of its portfolio company Fantasy 360 Technologies Inc. (CSE (reserved):VRAR) (“Immersive”) subsequent in August 2021VANCOUVER, British Columbia, Aug. 30, 2021 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (“Victory Square” or “Company”) (CSE:VST) (OTC:VSQTF) (FWB:6F6),...

EverGen Infrastructure Corp. Reports Second Quarter 2021 Results

Written by Customer Service on August 31, 2021. Posted in Earnings Releases And Operating Results.

Company executes on planned operational and growth initiatives; including core acquisition of BC’s original RNG facility, signing of 20 year offtake for Net Zero Waste Abbotsford RNG expansion and subsequent completion of IPO VANCOUVER, British Columbia, Aug. 30, 2021 (GLOBE NEWSWIRE) — EverGen Infrastructure Corp. (“EverGen” or the “Company”) (TSXV: EVGN), today announced financial results for the second quarter ended June 30, 2021. For further information on these results please see the Company’s Consolidated Interim Financial Statements and Management’s Discussion and Analysis filed on SEDAR at www.sedar.com. All amounts are in Canadian dollars unless otherwise stated and in accordance with IFRS. Second Quarter Events & Updates “Our second quarter performance was in line with seasonal expectations for our existing...

Alltemp’s Digital Ad Firm Acquisition Scheduled for September Closing

Written by Customer Service on August 30, 2021. Posted in Mergers And Acquisitions.

WESTLAKE VILLAGE, Calif., Aug. 30, 2021 (GLOBE NEWSWIRE) — Alltemp, Inc. (“Alltemp” or “the Company”) (OTCPK: LTMP) announces that the Company’s previously announced definitive letter of intent to acquire an established digital advertising and marketing business, Digi Messaging & Advertising, Inc. (“Digi”) through a share exchange agreement, is now scheduled to be effective September 2021. About Digi Messaging & Advertising, Inc. Digi Messaging & Advertising, Inc. is a digital marketing and advertising company which currently operates multiple service platforms, including SMS, push notification, short links, email and more. Digi is currently building a consumer facing digital marketing and communications platform-as-a-service to allow enterprises, both large and small, to leverage big data to micro-target customers...

Operational Highlights and Financial Results for the Year Ended June 30, 2021

Written by Customer Service on August 30, 2021. Posted in Earnings Releases And Operating Results.

NEW YORK, Aug. 30, 2021 (GLOBE NEWSWIRE) — Mesoblast Limited (Nasdaq:MESO; ASX:MSB), global leader in allogeneic cellular medicines for inflammatory diseases, today reported operational highlights and financial results for the fourth quarter and full-year ended June 30, 2021 (FY2021). “During this calendar year we made significant progress in both regulatory and clinical outcomes for our lead product candidate, remestemcel-L, after experiencing a disappointing set-back last year” said Silviu Itescu, Chief Executive of Mesoblast. “We are pleased with recent recommendations by FDA’s CBER to meet with the review team and address remaining CMC items for remestemcel-L in the treatment of steroid-refractory acute graft versus host disease in children. Additionally, our most recent meeting with the FDA has provided clarity on the pathway...

Month: August 2021

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