Month: August 2021

Greenlane Shareholders Vote to Approve Merger with KushCo

Written by Customer Service on August 26, 2021. Posted in Mergers And Acquisitions.

More Than 99% of Votes Cast Voted “FOR” Approval of Proposed Merger BOCA RATON, Fla., Aug. 26, 2021 (GLOBE NEWSWIRE) — Greenlane Holdings, Inc. (“Greenlane”) (Nasdaq: GNLN), a global house of brands and one of the largest sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced that its stockholders have approved the proposed merger (the “Transaction”) with KushCo Holdings, Inc. (“KushCo”) (OTCQX: KSHB), a premier provider of ancillary products and services to the legal cannabis and CBD industries. Over 99% of the votes cast on the merger proposal were voted in favor of the Transaction. Furthermore, each other proposal submitted to stockholders at Greenlane’s annual meeting of stockholders was approved by the requisite vote. The Company expects to file with the Securities...

Premier Health Reports Strong 3ʳᵈ Quarter Results

Written by Customer Service on August 26, 2021. Posted in Earnings Releases And Operating Results.

MONTRÉAL, Aug. 26, 2021 (GLOBE NEWSWIRE) — Premier Health of America Inc. (TSXV: PHA) (the “Corporation”), a leading Canadian Healthtech company, announces it has filed its Condensed Interim Consolidated Financial Statements and MD&A for its third quarter ended June 30, 2021. SummaryThe Corporation had revenues of $18.6M for the 3-month period ($49.0M for the 9-month period compared to $13.8M for the same period in 2020) attributable to the consolidation of the Code Bleu and Solution Nursing acquisitions as well as organic growth. The decrease in the average gross margin for the quarter to 24.0% resulted from a reclassification of travel expenses in the Nordik division. EBITDA(1) for the quarter was $1.3M ($4.2M for the 9-month period compared to $1.5M for the same period in 2020). Net income was $0.6M ($2.2M for the 9-month...

Erasca Reports Second Quarter 2021 Financial Results and Business Updates

Written by Customer Service on August 26, 2021. Posted in Earnings Releases And Operating Results.

Successfully closed $345 million upsized IPO in July 2021 On track to initiate multiple HERKULES Phase 1b/2 trials in 2021 with data readout(s) beginning in 2022 Strengthened executive leadership team with multiple appointments SAN DIEGO, Aug. 26, 2021 (GLOBE NEWSWIRE) — Erasca, Inc. (Nasdaq: ERAS), a clinical-stage precision oncology company singularly focused on discovering, developing, and commercializing therapies for patients with RAS/MAPK pathway-driven cancers, today reported financial results for the fiscal quarter ended June 30, 2021, and provided business updates. “This has been a productive time for Erasca that has included significant achievement across our research and development, corporate, and operational initiatives,” said Jonathan E. Lim, M.D., Erasca’s chairman, CEO, and co-founder. “In December 2020, our first...

AVITA Medical Reports Fourth Quarter and Fiscal Year 2021 Financial Results

Written by Customer Service on August 26, 2021. Posted in Earnings Releases And Operating Results.

VALENCIA, Calif., Aug. 26, 2021 (GLOBE NEWSWIRE) — AVITA Medical, Inc. (NASDAQ: RCEL, ASX:AVH) (Company), a regenerative medicine company that is developing and commercializing a technology platform that enables point-of-care autologous skin restoration for multiple unmet needs, today reported financial results for its fourth quarter of fiscal year 2021, ended June 30, 2021. Fourth Quarter of Fiscal Year 2021 HighlightsTotal net revenue increased 166% to $10.3 million compared to $3.9 million in the fourth quarter of 2020 Total commercial revenue increased 45% to $6.7 million compared to the prior quarter ended March 31, 2021 and exceeded revised revenue guidance of $6.0-6.2 million Gross profit margin of 80% compared to 77% in the fourth quarter of 2020 Net loss of $4.7 million, or $0.19 per share compared to a net loss of $12.9...

Workday Announces Fiscal 2022 Second Quarter Financial Results

Written by Customer Service on August 26, 2021. Posted in Earnings Releases And Operating Results.

Fiscal Second Quarter Total Revenues of $1.26 Billion, Up 18.7% Year Over Year Subscription Revenue of $1.11 Billion, Up 19.5% Year Over Year 24-Month Subscription Revenue Backlog of $6.88 Billion, Up 19.0% Year Over Year Total Subscription Revenue Backlog of $10.58 Billion, Up 23.1% Year Over Year PLEASANTON, Calif., Aug. 26, 2021 (GLOBE NEWSWIRE) — Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today announced results for the fiscal 2022 second quarter ended July 31, 2021. Fiscal 2022 Second Quarter ResultsTotal revenues were $1.26 billion, an increase of 18.7% from the second quarter of fiscal 2021. Subscription revenue was $1.11 billion, an increase of 19.5% from the same period last year. Operating loss was $1.1 million, or negative 0.1% of revenues, compared to an...

Plains All American Renews and Extends Credit Facilities

Written by Customer Service on August 26, 2021. Posted in Public Companies.

HOUSTON, Aug. 26, 2021 (GLOBE NEWSWIRE) — Plains All American Pipeline and Plains GP Holdings (Nasdaq: PAA & PAGP) (collectively, “Plains”) today announced that PAA has renewed and extended its two credit facilities (the “Facilities”). The renewed and extended Facilities have an aggregate initial borrowing capacity of $2.7 billion and initial maturities in 2024 and 2026, replacing the previous facilities that were scheduled to mature in 2022 and 2024, respectively. “Renewal and extension of these credit facilities aligns with our financial strategy, which includes ensuring ample credit capacity for our operating and commercial activities,” stated Sharon Spurlin, Senior Vice President and Treasurer of Plains. “Notably, the new commitment levels reflect the reduced capital requirements of our business and the sizeable multi-year...

DCP Midstream to Participate in Evercore ISI ESG Roundtable

Written by Customer Service on August 26, 2021. Posted in Public Companies.

DENVER, Aug. 26, 2021 (GLOBE NEWSWIRE) — DCP Midstream, LP (NYSE: DCP) announced that Wouter van Kempen, chairman, president, and chief executive officer, Sean O’Brien, group vice president and chief financial officer, and William Johnson, group vice president and chief transformation officer, will participate in an ESG roundtable with a focus on discussing the company’s second annual sustainability report: Resiliency and Evolution. This roundtable will be hosted by Evercore ISI on September 1, 2021. The report is available in the Sustainability section of DCP Midstream’s website at www.dcpmidstream.com. ABOUT DCP MIDSTREAM, LP DCP Midstream, LP (NYSE: DCP) is a Fortune 500 midstream master limited partnership headquartered in Denver, Colorado, with a diversified portfolio of gathering, processing, logistics and marketing assets....

Veth Propulsion Now Available Throughout North America

Written by Customer Service on August 26, 2021. Posted in Public Companies.

Twin Disc’s Authorized Sales and Service Providers now offer Veth’s azimuth rudder propellers, thrusters and marine electronics across North America RACINE, Wis., Aug. 26, 2021 (GLOBE NEWSWIRE) — Twin Disc, Inc. (NASDAQ: TWIN), a global leader in power transmission technology for marine and land-based applications, has announced full North American availability of its portfolio of Veth Propulsion products. “Increasing the availability of Veth Propulsion’s products in North America strategically expands our market opportunity within the marine industry,” said Tim Batten, Vice President, Sales, Twin Disc, Inc. “The broad and complementary product portfolio provides added value to new and existing customers.”Palmer Johnson Power Systems will represent Veth Propulsion by Twin Disc in the Western United States, as well as Western...

ABM Industries to Announce Third Quarter 2021 Financial Results

Written by Customer Service on August 26, 2021. Posted in Public Companies.

Conference Call to be Held on September 9th, 2021, at 8:30 AM (ET) NEW YORK, Aug. 26, 2021 (GLOBE NEWSWIRE) — ABM (NYSE: ABM), a leading provider of facility solutions, announced today that it will release its earnings results for the Company’s fiscal third quarter 2021 on Wednesday, September 8, 2021, after market close. ABM will host its quarterly conference call for all interested parties on Thursday, September 9, 2021, at 8:30 AM (ET). The live conference call can be accessed via audio webcast at the ‘Investors’ section of the Company’s website, located at www.abm.com, or by dialing (877) 451-6152 approximately 15 minutes prior to the scheduled time. A supplemental presentation will accompany the webcast on the Company’s website. A replay will be available approximately two hours after the recording through September 23, 2021...

Microchip Technology to Host Analyst and Investor Day on November 8

Written by Customer Service on August 26, 2021. Posted in Public Companies.

CHANDLER, Ariz., Aug. 26, 2021 (GLOBE NEWSWIRE) — (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today that the Company will host an Analyst and Investor Day on Monday November 8, 2021, commencing at 1:00 p.m. (Eastern Standard Time) and concluding at 5:00 p.m. (Eastern Standard Time). The event will include information on Microchip’s long-term growth and business model targets, organic growth strategy, manufacturing/capacity strategy, capital allocation/capital return strategy, Company culture and corporate responsibility. Presenters will include Ganesh Moorthy, CEO, Steve Sanghi, Executive Chair, Eric Bjornholt, Chief Financial Officer, and other members of management. Microchip currently plans to hold the event in New York city in person...

Month: August 2021

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals