Day: September 23, 2021

ACM Research Ships Its First 300mm, High-Temp Single-Wafer SPM Tool for Advanced Logic, DRAM and 3D-NAND Semiconductor Manufacturing

Written by Customer Service on September 23, 2021. Posted in Public Companies.

FREMONT, Calif., Sept. 23, 2021 (GLOBE NEWSWIRE) — ACM Research, Inc. (ACM) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging (WLP) applications, today announced it has shipped its first 300mm single-wafer Sulfuric Peroxide Mixture systems (Single-Wafer SPM tool) for wet clean and etch processes in advanced logic, DRAM and 3D-NAND integrated circuit manufacturing. ACM’s new Single-Wafer SPM tool targets high ion dose doped photoresist (PR) wet strip processes, with support for metal etch or strip processes. This new tool extends ACM’s SPM product offering to include higher temperature SPM steps that are emerging for more advanced production nodes at 10nm and beyond. “ACM’s Single-Wafer SPM tool builds on the proven performance of our Ultra C Tahoe, which addresses...

Costco Wholesale Corporation Reports Fourth Quarter and Fiscal Year 2021 Operating Results

Written by Customer Service on September 23, 2021. Posted in Earnings Releases And Operating Results.

ISSAQUAH, Wash., Sept. 23, 2021 (GLOBE NEWSWIRE) — Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced its operating results for the 16-week fourth quarter and the 52-week fiscal year, ended August 29, 2021. Net sales for the quarter increased 17.5 percent, to $61.44 billion from $52.28 billion last year. Net sales for the fiscal year increased 17.7 percent, to $192.05 billion from $163.22 billion last year. Comparable sales for the fourth quarter and the fiscal year were as follows: 16 Weeks 16 Weeks 52 Weeks 52 Weeks Adjusted* Adjusted* U.S. 14.9% 10.3% 14.8% 13.6% Canada 19.5% 6.7% 20.0% 12.1% Other International 15.0% 7.3% 19.1% 13.4% Total Company 15.5% 9.4% 16.0% 13.4% E-commerce 11.2% 8.9% 44.4% 42.6% *Excluding...

AAR Reports First Quarter 2022 Results

Written by Customer Service on September 23, 2021. Posted in Earnings Releases And Operating Results.

First quarter sales of $455 million, up 14% over the prior year First quarter GAAP diluted earnings per share from continuing operations of $0.31 compared to a loss per share of $(0.40) in Q1 FY2021 Adjusted diluted earnings per share from continuing operations of $0.52, up 206% from $0.17 in Q1 FY2021 First quarter cash flow from operating activities from continuing operations of $18 millionWOOD DALE, Ill., Sept. 23, 2021 (GLOBE NEWSWIRE) — AAR CORP. (NYSE: AIR) today reported first quarter Fiscal Year 2022 consolidated sales of $455.1 million and income from continuing operations of $11.2 million, or $0.31 per diluted share. For the first quarter of the prior year, the Company reported sales of $400.8 million and loss from continuing operations of $13.9 million, or $0.40 per diluted share. Our adjusted diluted earnings per...

Aehr Test Systems Reports Record Bookings in First Quarter of Fiscal 2022; Raises Annual Guidance Approximately 80% on Strength of Semiconductor Test and Burn-in Sales for Electric Vehicles

Written by Customer Service on September 23, 2021. Posted in Earnings Releases And Operating Results.

FREMONT, Calif., Sept. 23, 2021 (GLOBE NEWSWIRE) — Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced financial results for its first quarter of fiscal 2022 ended August 31, 2021. The Company also raised its revenue guidance for fiscal 2022 by approximately 80% to at least $50 million. Fiscal First Quarter Financial Results:Net sales were $5.6 million, up 181% from $2.0 million in the first quarter of fiscal 2021. GAAP net income was $696,000, or $0.03 per diluted share, which includes the impact of forgiveness of $1.7 million in loans from the Paycheck Protection Program (“PPP”) it received in fiscal 2020. This compares to GAAP net income of $107,000, or $0.00 per diluted share, in the first quarter of fiscal 2021, which includes the impact of...

AGTC Provides Financial Results for the Fourth Quarter and Year Ended June 30, 2021

Written by Customer Service on September 23, 2021. Posted in Earnings Releases And Operating Results.

-Data from ongoing clinical trials in XLRP and ACHM shows evidence of clinical activity and tolerability; multiple data readouts expected in 2021 and 2022- -Pre-Clinical programs moving to IND enabling animal studies- -Company adds experienced industry veterans to board and management team- -Company to host management update and webcast today at 4:30pm ET- GAINESVILLE, Fla. and CAMBRIDGE, Mass., Sept. 23, 2021 (GLOBE NEWSWIRE) — Applied Genetic Technologies Corporation (Nasdaq: AGTC), a biotechnology company conducting human clinical trials of adeno-associated virus (AAV)-based gene therapies for the treatment of rare inherited retinal diseases (IRDs), today announced financial results for the fourth quarter and fiscal year ended June 30, 2021. “During the past 12 months, we made significant progress towards our corporate and...

Veritex Holdings, Inc. Announces Board of Director Committee Reassignments

Written by Customer Service on September 23, 2021. Posted in Public Companies.

DALLAS, Sept. 23, 2021 (GLOBE NEWSWIRE) — Veritex Holdings, Inc. (Nasdaq: VBTX) (“Veritex” or the “Company”), the parent holding company for Veritex Community Bank, today announced the reassignment of certain Board of Director (the “Board”) committees which went effective on June 20, 2021. The following table outlines the Board committee assignments, broken down by Committee Chair (“Chair”) and Committee Member (“Member”), prior to and post the effective date of Board committee assignments: Committee Assignments Prior to June 20, 2021 Committee Assignments Effective June 20, 2021Name of Board Member Audit Committee Compensation Committee Governance & Nominating Committee Risk Committee Audit Committee Compensation Committee Governance & Nominating Committee Risk CommitteeC....

Diamondback Energy, Inc. Releases 2021 Corporate Sustainability Report

Written by Customer Service on September 23, 2021. Posted in Public Companies.

MIDLAND, Texas, Sept. 23, 2021 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or “the Company”) today released its 2021 Corporate Sustainability Report. The online report outlines Diamondback’s commitment to environmental responsibility, managing and reducing risks, governance and business ethics, and our commitment to our people and communities. The report highlights Diamondback’s performance in these categories through December 31, 2020, discusses Diamondback’s sustainability targets and 2021 initiatives and is available at www.diamondbackenergy.com/about/sustainability. 2021 CORPORATE SUSTAINABILITY REPORT HIGHLIGHTSReduced flared volumes by approximately 58% from 2019 to 2020 Reduced methane intensity by approximately 43% from 2019 to 2020 Reduced Scope 1 GHG intensity by approximately 37% from...

Strongbridge Biopharma plc Announces Court Hearing Date to Approve Proposed Acquisition by Xeris Pharmaceuticals, Inc.

Written by Customer Service on September 23, 2021. Posted in Mergers And Acquisitions.

DUBLIN, Ireland and TREVOSE, Pa., Sept. 23, 2021 (GLOBE NEWSWIRE) — Strongbridge Biopharma plc (NASDAQ: SBBP) (the “Company” or “Strongbridge”) today announced that the High Court of Ireland (the “Court”) has set the date of the final court hearing to sanction the proposed acquisition of Strongbridge by Xeris Pharmaceuticals, Inc. (“Xeris”) by means of scheme of arrangement (the “Scheme”) under Chapter 1 of Part 9 of the Irish Companies Act 2014 (the “Act”). The court hearing to sanction the Scheme is scheduled to be heard in the Commercial List of the Court sitting at the Four Courts, Inns Quay, Dublin 7, Ireland at 11:00 a.m. (Irish time) on October 5, 2021, and the Scheme is expected to take effect on or about that date. About Strongbridge Biopharma plc Strongbridge Biopharma plc is a global commercial-stage biopharmaceutical...

LMP Automotive Holdings, Inc. Provides its Planned Closing Schedule for Contracted Acquisitions

Written by Customer Service on September 23, 2021. Posted in Mergers And Acquisitions.

FORT LAUDERDALE, FL , Sept. 23, 2021 (GLOBE NEWSWIRE) — LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today provided its planned closing schedule for contracted acquisitions. Planned Closing Schedule NortheastWhite Plains Chrysler Dodge Jeep RamOctober 1, 2021Chrysler Dodge Jeep Ram in New YorkOctober 29, 2021Chrysler Dodge Jeep Ram in New YorkOctober 29, 2021Kia Dealership in ConnecticutNovember 15, 2021Kia Dealership in New YorkNovember 18, 2021Planned Closing Schedule SoutheastChrysler Dodge Jeep Ram Dealership in TennesseeDecember 1, 2021Alan Jay Automotive GroupDecember 15, 2021Planned Closing Schedule MidwestGeneral Motors and Nissan Dealerships in TexasNovember 15, 20215 Import Dealerships in TexasDecember...

Plus Products Obtains Extension of Stay Period and Claims Process Order Under the Companies’ Creditors Arrangement Act (Canada)

Written by Customer Service on September 23, 2021. Posted in Public Companies.

SAN MATEO, Calif., Sept. 23, 2021 (GLOBE NEWSWIRE) — Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) (the “Company” or “PLUS”), a cannabis and hemp branded products company in the U.S., announces that the Supreme Court of British Columbia (the “Court”) has, among other things, extended the stay period in the Company’s Companies’ Creditors Arrangement Act (Canada) (the “CCAA”) proceeding, to October 22, 2021 (the “Stay Extension”). The Company also announces that it has obtained an order (the “Claims Process Order”) establishing a claims process (the “Claims Process“) to identify and determine claims against the Company. The Stay Extension and the Claims Process will allow the Company to develop and implement a restructuring plan in connection with the negotiation of a transaction, as well as facilitate distributions to...

Day: September 23, 2021

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