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Month: August 2021

LIZHI INC. Reports Second Quarter 2021 Unaudited Financial Results

GUANGZHOU, China, Aug. 30, 2021 (GLOBE NEWSWIRE) — LIZHI INC. (“LIZHI” or the “Company” or “We”) (NASDAQ: LIZI), a leading online UGC1 audio community and interactive audio entertainment platform in China, today announced its unaudited financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Financial and Operational HighlightsNet revenues were RMB559.3 million (US$86.6 million) in the second quarter of 2021, representing a 59% increase from RMB350.9 million in the second quarter of 2020. Average total mobile MAUs2 in the second quarter of 2021 reached 60.9 million, representing an increase of 9% from 55.9 million in the second quarter of 2020. Average total monthly paying users3 in the second quarter of 2021 reached 494.4 thousand, representing an increase of 7% from 463.4 thousand in the second quarter...

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Middlesex Water Announces Subsidiary Sale

ISELIN, N.J., Aug. 30, 2021 (GLOBE NEWSWIRE) — Middlesex Water Company (NASDAQ:MSEX) today announced it has agreed to sell its regulated Delaware wastewater utility business to Artesian Wastewater Management, Inc. (Artesian) for $6.4 million in cash and other consideration. Artesian is a wholly-owned subsidiary of Artesian Resources Corporation. The transaction is subject to approval by the Delaware Public Service Commission and other customary closing conditions, and is expected to be finalized prior to December 31, 2021. Middlesex and Artesian have entered into a definitive agreement whereby Artesian will purchase all of the stock of Tidewater Environmental Services, Inc. (TESI), a Middlesex wholly-owned subsidiary, which serves approximately 3,600 retail wastewater customers in Sussex County, Delaware. Both Companies have jointly...

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WonderFi Announces Closing of Reverse Takeover and Public Listing on the NEO Exchange

Trading on NEO to begin on Tuesday, August 31, 2021 under the ticker WNDR VANCOUVER, British Columbia, Aug. 30, 2021 (GLOBE NEWSWIRE) — WonderFi Technologies Inc. (formerly Austpro Energy Corporation) (the “Company” or “WonderFi”) is pleased to announce that it has completed the acquisition of all of the outstanding shares of DeFi Ventures Inc. (“DeFi Ventures”) by way of a three-cornered amalgamation, pursuant to which DeFi Ventures and 1302107 B.C. Ltd., a newly formed subsidiary of the Company prior to the Company’s name change (“Subco”), combined their businesses to form one corporation, WonderFi Digital Inc. (“WonderFi Digital”), a wholly-owned subsidiary of the Company (the “Transaction”). In connection with the Transaction, the net proceeds from the previously announced brokered private placement of subscription receipts...

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Tecnoglass Announces Third Quarter 2021 Cash Dividend

Barranquilla, Colombia, Aug. 30, 2021 (GLOBE NEWSWIRE) — Tecnoglass, Inc. (NASDAQ: TGLS) (“Tecnoglass” or the “Company”), a leading manufacturer of architectural glass, windows, and associated aluminum products serving the global residential and commercial end markets, today announced that its Board of Directors has declared a quarterly cash dividend of $0.0275 per share, or $0.11 per share on an annualized basis, for the third quarter of 2021. The dividend will be paid on October 29, 2021 to shareholders of record as of the close of business on September 30, 2021. About TecnoglassTecnoglass Inc. is a leading producer of architectural glass, windows, and associated aluminum products serving the multi-family, single-family and commercial end markets. Tecnoglass is the second largest glass fabricator serving...

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Churchill Enters into Option Agreements to Acquire two Properties at Taylor Brook, NL

TORONTO, Aug. 30, 2021 (GLOBE NEWSWIRE) — Churchill Resources Inc. (“Churchill” or the “Company”) (TSXV: CRI) is pleased to announce that is has entered into two option agreements on properties adjacent to the known Layden Ni-Cu-Co showings at the Taylor Brook Property, NL. The two properties were covered with the VTEM-Plus™ survey flown by Geotech for CRI at Taylor Brook earlier this year, and high priority anomalies were identified on both that are on-trend with the conductors which appear to be associated with the known mineralization. Paul Sobie, CEO of Churchill stated, “We are very pleased to complete these deals which consolidate the Layden Ni-Cu-Co area along with the Altius claims and allow for seamless exploration. We’re in the permit application process presently to undertake a drill program this fall on all of the compelling...

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Quisitive Reports Second Quarter 2021 Financial Results

Company Announces Record Quarter as it Activates its Payments Solution Business TORONTO, Aug. 30, 2021 (GLOBE NEWSWIRE) — Quisitive Technology Solutions Inc. (“Quisitive” or the “Company”) (TSXV: QUIS), a premier Microsoft Cloud Services and Payment Solutions Provider, today reported financial results for the second quarter ended June 30, 2021. Management Commentary“The second quarter was a consecutive period of gained momentum as we continue to invest in the future of our business through focused growth initiatives and accomplishing key milestones within our payments solutions business,” said Quisitive CEO Mike Reinhart. “With the completed bank sponsorship, the current integration of BankCard into our back-end systems, and the achievement of PCI certification, we are making significant progress towards the full commercialization...

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Sera Prognostics Reports Second Quarter 2021 Financial Results

SALT LAKE CITY, Aug. 30, 2021 (GLOBE NEWSWIRE) — Sera Prognostics Inc., The Pregnancy Company™ (Nasdaq: SERA), focused on improving maternal and neonatal health by providing innovative pregnancy biomarker information to doctors and patients, today announced financial results for the second quarter ended June 30, 2021. Recent Highlights:Announced peer-reviewed published results of the PREVENT-PTB study, a prospective, randomized controlled intervention trial evaluating clinical utility of Sera Prognostics’ PreTRM® Test and Treat Strategy that demonstrated key benefits such as significantly reduced newborn intensive care unit (NICU) and total hospital length-of-stay for preemies, faster rate of NICU discharge and major reduction in severe morbidity or newborn death in infants affected by complications of prematurity. Initiated...

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

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) 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 milestones on our expansion beyond the UC platform. We launched Zoom Apps, bringing over 50 apps directly into the Zoom experience, and Zoom Events, an all-in-one digital events service. Today we are a global brand counting over...

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StoneCo Reports Second Quarter of 2021 Financial Results

GEORGE TOWN, Grand Cayman, Aug. 30, 2021 (GLOBE NEWSWIRE) — StoneCo Ltd. (Nasdaq: STNE) (“Stone” or the “Company”), a leading provider of financial technology solutions that empowers merchants to conduct commerce seamlessly across multiple channels, today reports its financial results for its second quarter ended June 30, 2021. “Dear Shareholders,  Despite strong underlying growth in our core business and evolution of our strategic roadmap, we had some mixed results this quarter primarily driven by a challenging short-term scenario in our credit product, which was strongly affected by industry problems with the credit receivables registry system and the resulting actions we took to address them, which we discussed in our August 25, 2021 press release (New Dynamics of Registration of Receivables in Brazil). Our core business is...

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Inventiva announces participation at several investor conferences in September 2021  

Daix (France), August 30, 2021 – Inventiva (Euronext Paris and Nasdaq: IVA), a clinical-stage biopharmaceutical company focused on the development of oral small molecule therapies for the treatment of non-alcoholic steatohepatitis (NASH), mucopolysaccharidoses (MPS) and other diseases with significant unmet medical need, today announced that the Company’s leadership will participate in four upcoming investor conferences in September 2021. The event details are as follows: Conference n°1:              KBCs Life Sciences Conference Event type:                       One-on-one investor meetingsDate:                                   Tuesday-Thursday, September 7-9, 2021Format:                              Virtual event Conference n°2:              Citi’s 16th Annual BioPharma Virtual ConferenceEvent type:                       One-on-one...

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