Month: August 2021

Q1 FY22 total revenue of $22.6 million growth of 10% compared to $20.5 million in Q1 FY21 Core growth platforms continue to perform, ecommerce solutions revenue grew by 15%, Strategic Sourcing grew by 15% and US-based Strategic Sourcing grew by 32% compared to Q1 FY21MONTREAL, Aug. 11, 2021 (GLOBE NEWSWIRE) — mdf commerce inc. (the “Corporation”) (TSX:MDF), a SaaS leader in digital commerce technologies, reported Q1 FY2022 financial results for its first quarter ended on June 30, 2021. Financial references are expressed in Canadian dollars unless otherwise indicated. “Q1 fiscal 2022 continued many of the positive trends seen throughout fiscal 2021,” said Luc Filiatreault, CEO of mdf commerce. “Our core growth platforms, Strategic Sourcing and ecommerce, both had double digit growth with our ecommerce solutions and US-based Strategic...

Initiated Phase 1b randomized, double-blind, placebo-controlled trial of ALRN-6924 in patients with advanced p53-mutated non-small cell lung cancer (NSCLC); first interim safety data expected at end of 2021 and topline results mid-2022—Announces upcoming presentations to highlight final data from Aileron’s completed Phase 1b trial of ALRN-6924 in patients with small cell lung cancer (SCLC) and initial findings from ongoing Healthy Volunteer Study of ALRN-6924         ISEH 2021 Virtual Scientific Meeting (August 25-28, 2021) ESMO Congress 2021 (September 16-21, 2021)—ALRN-6924 is designed to deliver selective chemoprotection against chemotherapy-induced toxicities via p53 biomarker strategy        Nearly 1 million patients in the U.S. across all cancer types are diagnosed annually with p53-mutated cancer—$59.5...

CAMBRIDGE, Mass., Aug. 11, 2021 (GLOBE NEWSWIRE) — Generation Bio Co. (Nasdaq: GBIO), a biotechnology company innovating genetic medicines for people living with rare and prevalent diseases, reported recent business highlights and second quarter 2021 financial results. “This quarter we announced our shift to rapid enzymatic synthesis, or RES, for production of our closed-ended DNA, ceDNA, constructs and our signing of a lease to establish significant internal current Good Manufacturing Practice, or cGMP, manufacturing capacity. These are important steps toward our goal of extending the reach of our durable, redosable genetic medicines to patients with prevalent diseases,” said Geoff McDonough, M.D., chief executive officer of Generation Bio. “We will continue to advance the platform throughout the rest of the year and expect factor...

HOUSTON, Aug. 11, 2021 (GLOBE NEWSWIRE) — ION Geophysical Corporation (NYSE: IO) today reported revenues of $19.7 million in the second quarter 2021, a 40% increase compared to $14.0 million in the first quarter 2021 and a 13% decrease compared to $22.7 million one year ago. Net loss attributable to ION in the second quarter 2021 was $23.6 million, or a loss of $0.90 per share, compared to $5.2 million, or a loss of $0.37 per share in the second quarter 2020. Excluding special items in both periods, the Company reported an Adjusted net loss attributable to ION in the second quarter 2021 of $11.1 million, or a loss of $0.43 per share, compared to an Adjusted net loss attributable o ION of $12.1 million, or a loss of $0.85 per share in the second quarter 2020. The Company reported Adjusted EBITDA of $0.1 million for the second quarter...

– Second Quarter Revenues of $12.9 Million (down 0.6% yoy) And Share in NPI Revenue Interests of $8.5 Million (up 434% yoy) totaling $21.4 Million (up 47.0% yoy) – – Second Quarter Net Income of $0.11 Per Share – – Second Quarter Adjusted EBITDA1 of $8.3 Million (up 6.6% yoy) – – Raises Full Year 2021 Revenue and Share in NPI Revenues Interest Guidance to between $75 and $79 Million – LUXEMBOURG, Aug. 11, 2021 (GLOBE NEWSWIRE) — NeoGames S.A. (Nasdaq: NGMS) (“NeoGames” or the “Company”), a technology-driven provider of end-to-end iLottery solutions, announced today financial results for the second quarter ended June 30, 2021. Moti Malul, Chief Executive Officer of NeoGames, said: “We are increasingly encouraged by the performance and development of the various markets and customers we support, notwithstanding expected...

Q2 2021 Core EBITDA of $5.2M, an 11x Increase YOY Ending Serviced Deposits Increased 137% YOY to $1.6 billion RADNOR, Pa., Aug. 11, 2021 (GLOBE NEWSWIRE) — BM Technologies Inc. (NYSE American: BMTX) (“BM Technologies,” “BMTX,” “we,” or the “Company”) one of the largest digital banking platforms in the country, today reported record results for the first half of 2021. FINANCIAL HIGHLIGHTSQ2 2021 GAAP revenues of $22.9 million, a 48% increase compared to Q2 2020. Q2 2021 core1 revenues were $22.7 million, a 46% increase compared to Q2 2020. Q2 2021 GAAP net loss of $1.8 million due to a $3.1 million noncash loss on the revaluation of the private warrant liability. Core earnings1 were $1.2 million in Q2 2021, or $0.10 per diluted share, compared to a core net loss of $4.1 million, or -$0.67 per diluted share in Q2 2020. Q2 2021...

Matterport reports record revenue of $30 million, 10% sequential increase Subscription revenue jumps 53% to $15 million from year-ago period Total subscribers increased 158% to 404,000 from year-ago periodSUNNYVALE, Calif., Aug. 11, 2021 (GLOBE NEWSWIRE) — Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced financial results for the quarter ended June 30, 2021. “We are thrilled to report another record quarter with strong subscriber and subscription revenue pushing revenue up 10% sequentially, demonstrating our continued momentum,” said RJ Pittman, Chairman and Chief Executive Officer of Matterport. “It was another quarter of strong execution across all vectors as we announced significant industry partnerships, expanded our service offerings,...

VANCOUVER, British Columbia, Aug. 11, 2021 (GLOBE NEWSWIRE) — ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric vehicles, reported financial results for the second quarter ended June 30, 2021 in conjunction with the filing of its Quarterly Report on Form 6-K earlier today. Recent Company HighlightsIn August, ElectraMeccanica’s flagship SOLO EV was showcased to former Michigan Governor and current U.S. Secretary of Energy Jennifer Granholm at the U.S. headquarters of its engineering partner FEV North America in Auburn Hills, MI. The Secretary’s visit came as part of a broader tour through several southeastern Michigan manufacturing facilities. During the quarter, ElectraMeccanica took possession of its temporary processing, delivery and inspection facility...

MARION, N.Y., Aug. 11, 2021 (GLOBE NEWSWIRE) — Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the three months ended July 3, 2021. Highlights (vs. year-ago, year-to-date results):Net sales for the first quarter of fiscal 2022 totaled $235.0 million compared to $288.2 million for the prior quarter. The year-over-year decrease in sales resulted from a $24.2 million decrease due to the divesture of our prepared foods business, a $28.5 million decrease from a volume variance and a $0.5 million decrease from a pricing/mix variance. Gross margin as a percentage of net sales is 14.3% in 2022 as compared to 16.9% in 2021.“Overall, the first quarter of 2022 was as we expected. A comparison to prior year is difficult as COVID-driven panic buying commenced last year. However, for the first quarter...

LOS ANGELES, Aug. 11, 2021 (GLOBE NEWSWIRE) — Crescent Capital BDC, Inc. (“Crescent BDC” or “Company”) (NASDAQ: CCAP) today reported net investment income of $11.0 million, or $0.39 per share, and adjusted net investment income of $14.8 million, or $0.53 per share,1 for the quarter ended June 30, 2021. Reported net asset value per share was $20.98 at June 30, 2021 as compared to $20.24 at March 31, 2021. The Company announced that its Board of Directors declared a regular cash dividend for the third quarter 2021 of $0.41 per share, which will be paid on October 15, 2021 to stockholders of record as of the close of business on September 30, 2021. Selected Financial Highlights($ in millions, except per share amounts)  As of and for the Three Months EndedJune 30, 2021   March 31, 2021   June 30, 2020Investments, at fair...