Month: August 2021

EnerSys Reports First Quarter Fiscal 2022 Results

Written by Customer Service on August 11, 2021. Posted in Earnings Releases And Operating Results.

READING, Pa., Aug. 11, 2021 (GLOBE NEWSWIRE) — EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, announced today results for its first quarter of fiscal 2022, which ended on July 4, 2021.First Quarter FY 22 Highlights Net sales of $815M up 16% vs. Q1’21 Q1’22 backlog growth of $157M GP 24% includes recent inflation pressure Supply chain slowed Q1 shipments and earningsCredit Facility amended and extended to 2026 Bank debt leverage at 1.95X TPPL capacity of $300M per quarter on track Solid progress on new product initiativesKey Results from Operations by Segments ($ in millions) Q1 FY22 Q1 FY21 % Change Energy Systems Net Sales $ 371.2 $ 353.4 5.0 % Operating Earnings 7.1 22.0 (67.8 ) Adjusted Operating...

Fossil Group, Inc. Reports Second Quarter 2021 Financial Results; Raises Full Year Outlook

Written by Customer Service on August 11, 2021. Posted in Earnings Releases And Operating Results.

RICHARDSON, Texas, Aug. 11, 2021 (GLOBE NEWSWIRE) — Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the second quarter ended July 3, 2021. Second Quarter Fiscal 2021 SummaryWorldwide net sales of $411 million increased 59%, or 51% on a constant currency basis. Net sales performance was strong in all three regions, led by a 64% increase in the Americas on a constant currency basis and continued momentum in mainland China, which recorded net sales growth of 38% on a constant currency basis.Net sales through all digital channels grew 10% and 82%, on a constant currency basis, compared to the second quarter of fiscal 2020 and 2019, respectively, and represented 41% of worldwide net sales.Operating income of $14 million compared to an operating loss of $37 million a year ago.Total liquidity of $294 million,...

Trean Insurance Group Reports Second Quarter 2021 Results

Written by Customer Service on August 11, 2021. Posted in Earnings Releases And Operating Results.

– 43% Year-over-Year Growth in Second Quarter 2021 Gross Written Premiums to $156.6 Million – – 124% Year-over-Year Growth in Second Quarter Net Earned Premium to $47.9 Million – – Net Income of $2.1 Million, Diluted Earnings per Share of $0.04 – – Adjusted Net Income of $4.3 Million, Adjusted Diluted Earnings per Share of $0.08 – WAYZATA, Minn., Aug. 11, 2021 (GLOBE NEWSWIRE) — Trean Insurance Group, Inc. (Nasdaq: TIG) (“Trean” or the “Company”), a leading provider of products and services to the specialty insurance market, today reported results for the second quarter ended June 30, 2021. “We have firmly established ourselves as a ‘growth company’,” stated Andrew M. O’Brien, Chief Executive Officer of Trean. “We have developed a unique business model within the multi-billion dollar...

Aveanna Healthcare Holdings Announces Second-Quarter 2021 Financial Results

Written by Customer Service on August 11, 2021. Posted in Earnings Releases And Operating Results.

Revenue Increased 24.0% to $436.1 Million Gross Margin Increased 37.5% to $146.6 Million Net Income of $1.3 Million, or $0.01 per Diluted Share Adjusted Net Income per Diluted Share of $0.10 Adjusted EBITDA Increased 30.6% to $48.8 Million ATLANTA, Aug. 11, 2021 (GLOBE NEWSWIRE) — Aveanna Healthcare Holdings, Inc. (NASDAQ: AVAH), a leading, diversified home care platform focused on providing care to medically complex, high-cost patient populations, today announced financial results for the three and six-month periods ended July 3, 2021. Tony Strange, Chief Executive Officer, commented “We are very pleased with the progress that we’ve made on all fronts during the second quarter, delivering robust top and bottom line growth and building on the solid results reported in the first quarter. The integration of Doctor’s Choice...

mdf commerce inc. to become a public eProcurement leader in North America with the transformational acquisition of Periscope

Written by Customer Service on August 11, 2021. Posted in Mergers And Acquisitions.

mdf commerce delivers on its vision to become a leading player enabling the flow of commerce for the B2B and B2G markets Approximately $259.9 million acquisition of a fully integrated end-to-end public eProcurement platform servicing the full spectrum of U.S. state and local government agencies Opportunity to offer Periscope’s eProcurement solutions to mdf commerce’s existing Canadian and U.S. government agency customersExpands geographic presence and product offering with access to new states and an innovative transaction fee solution providing highly scalable and attractive economics Highly synergistic acquisition expected to provide significant revenue and cost saving opportunities Acquisition provides a compelling combined financial profile and is expected to contribute positively to combined cash flow per share1 Bought deal public...

Contango Announces Second Quarter 2021 Financial Results and Capital Program Update

Written by Customer Service on August 11, 2021. Posted in Earnings Releases And Operating Results.

FORT WORTH, Texas, Aug. 11, 2021 (GLOBE NEWSWIRE) — Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) announced today its financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Highlights and Recent DevelopmentsProduction sales of 2,196 MBoe for the second quarter of 2021, or 24.1 MBoe per day, an increase from 1,469 MBoe, or 16.1 MBoe per day in the prior year quarter, primarily due to new production from the Mid-Con Acquisition and the Silvertip Acquisition (each as defined in our recently filed Form 10-Q for the second quarter of 2021), which closed on January 21, 2021 and February 1, 2021, respectively. Production sales volumes were also slightly higher than the upper end of production guidance provided by the Company for the quarter.Total operating expenses...

Panbela Provides Business Update and Reports Q2 2021 Financial Results

Written by Customer Service on August 11, 2021. Posted in Earnings Releases And Operating Results.

MINNEAPOLIS, Aug. 11, 2021 (GLOBE NEWSWIRE) — Panbela Therapeutics, Inc. (Nasdaq: PBLA), a clinical stage biopharmaceutical company developing disruptive therapeutics for the treatment of patients with cancer, today provided a business update and reported financial results for the quarter ended June 30, 2021. Management is hosting an earnings call today at 4:30 p.m. ET. The second quarter 2021 was marked by meaningful clinical progress. Recent HighlightsIssue Notification for patent US 11,098,005 titled “METHODS FOR PRODUCING (6S,15S)-3,8,13,18- TETRAAZAICOSANE-6,15-DIOL”. A novel process for the production of our lead investigational product SBP-101, reduces the number of synthetic steps for its production from seventeen to six, and provides patent coverage to 2039. $10.0 million bought offering of common stock closed July...

Aerpio Reports Second Quarter 2021 Financial Results and Provides Business Update

Written by Customer Service on August 11, 2021. Posted in Earnings Releases And Operating Results.

Ended second quarter 2021 with $36.8 million in cash and cash equivalents On May 16, 2021, Aerpio entered into an agreement and plan of merger with Aadi Bioscience, Inc., which is subject to the approval of Aerpio shareholders and other customary closing conditionsCINCINNATI, Aug. 11, 2021 (GLOBE NEWSWIRE) — Aerpio Pharmaceuticals, Inc. (“Aerpio”) (Nasdaq: ARPO), a biopharmaceutical company, today reported financial results for the three and six months ended June 30, 2021 and provided a business update. Key Business Update:On May 16, 2021, Aerpio entered into an agreement and plan of merger with Aadi Bioscience, Inc., a Delaware company (“Aadi”), and Aspen Merger Subsidiary, Inc., a Delaware corporation and a direct, wholly-owned subsidiary of Aerpio (“Merger Sub”), wherby Merger Sub will merge with and into Aadi with...

Sienna Senior Living Inc. Announces Launch of New Retirement Platform “Aspira” and Reports Second Quarter 2021 Financial Results

Written by Customer Service on August 11, 2021. Posted in Earnings Releases And Operating Results.

MARKHAM, Ontario, Aug. 11, 2021 (GLOBE NEWSWIRE) — Sienna Senior Living Inc. (“Sienna” or the “Company”) (TSX: SIA) today provided an update on its operations and announced its financial results for the three and six months ended June 30, 2021. The Consolidated Financial Statements and accompanying Management’s Discussion and Analysis (“MD&A”) are available on the Company’s website at www.siennaliving.ca and on SEDAR at www.sedar.com. Launch of New Retirement Platform “Aspira” “Over the past year, we conducted an in-depth assessment of our retirement operations and identified opportunities that will set us apart in a competitive market,” said Nitin Jain, President and Chief Executive Officer of Sienna. “Under the Aspira brand, our goal is to provide residents with a wider range of choices. At the centre of our new brand is...

Zomedica Announces Second Quarter 2021 Financial Results

Written by Customer Service on August 11, 2021. Posted in Earnings Releases And Operating Results.

TRUFORMA® Instrument Placement Program Implemented to Incentivize Future Assay Sales ANN ARBOR, Mich., Aug. 11, 2021 (GLOBE NEWSWIRE) — Zomedica Corp. (NYSE American: ZOM) (“Zomedica” or the “Company”), a veterinary health company creating point-of-care diagnostics products for dogs and cats, today reported consolidated financial results for the three and six months ended June 30, 2021. Amounts, unless specified otherwise, are expressed in U.S. dollars and presented under accounting principles generally accepted in the United States of America (“U.S. GAAP”). Robert Cohen, Chief Executive Officer of Zomedica stated that, “I fully understand and appreciate that what all of our stakeholders, both internal and external, want to see is continued execution on our goals and the building of increased value in our business. For quite some...

Month: August 2021

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